Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 2,074,457 - 90,672 +1,197,013 2,063,747

Securities held outright 1,108,234 + 22,634 + 617,170 1,107,447

U.S. Treasury securities1 597,579 + 17,013 + 106,515 600,142

Bills2 18,423 0 - 15,873 18,423

Notes and bonds, nominal2 532,965 + 16,737 + 120,573 534,022

Notes and bonds, inflation-indexed2 41,475 + 222 + 2,304 42,803

Inflation compensation3 4,716 + 55 - 490 4,894

Federal agency debt securities2 79,753 + 5,204 + 79,753 79,753

Mortgage-backed securities4 430,902 + 417 + 430,902 427,552

Repurchase agreements5 0 0 - 105,036 0

Term auction credit 372,541 - 56,294 + 222,541 372,540

Other loans 124,232 - 3,699 + 95,897 123,572

Primary credit 38,153 - 2 + 22,203 38,047

Secondary credit 29 + 9 + 28 0

Seasonal credit 15 + 4 - 39 14

Primary dealer and other broker-dealer credit6 0 0 - 12,329 0

Asset-Backed Commercial Paper Money

Market Mutual Fund Liquidity Facility 26,423 - 1,698 + 26,423 25,944

Credit extended to American International

Group, Inc.7 44,157 - 1,551 + 44,157 44,116

Term Asset-Backed Securities Loan Facility 15,454 - 461 + 15,454 15,451

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC8 154,694 - 6,087 + 154,694 149,389

Net portfolio holdings of LLCs funded through the

Money Market Investor Funding Facility9 0 0 0 0

Net portfolio holdings of Maiden Lane LLC10 25,688 - 4 + 25,688 25,717

Net portfolio holdings of Maiden Lane II LLC11 16,175 + 23 + 16,175 16,252

Net portfolio holdings of Maiden Lane III LLC12 20,367 + 54 + 20,367 20,379

Float -1,975 + 18 - 857 -2,861

Central bank liquidity swaps13 184,932 - 51,527 + 122,932 181,647

Other Federal Reserve assets14 69,568 + 4,208 + 27,441 69,666

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 2,200 0 0 2,200

Treasury currency outstanding15 42,373 + 14 + 3,582 42,373

Total factors supplying reserve funds 2,130,071 - 90,658 +1,200,595 2,119,361

FEDERAL RESERVE statistical release

 May 28, 2009

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

Change from week ended Wednesday

 May 27, 2009 Week ended

 May 27, 2009 May 20, 2009 May 28, 2008
Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Currency in circulation15 908,704 + 3,902 + 85,426 910,303

Reverse repurchase agreements16 70,028 + 260 + 32,554 65,879

Foreign official and international accounts 70,028 + 260 + 32,554 65,879

Dealers 0 0 0 0

Treasury cash holdings 298 + 6 + 25 301

Deposits with F.R. Banks, other than reserve balances 233,566 - 27,660 + 221,140 217,653

U.S. Treasury, general account 26,692 - 23,146 + 21,752 11,048

U.S. Treasury, supplementary financing account 199,932 + 2 + 199,932 199,932

Foreign official 2,380 - 335 + 2,282 2,132

Service-related 4,226 - 117 - 2,887 4,226

Required clearing balances 4,226 - 117 - 2,887 4,226

Adjustments to compensate for float 0 0 0 0

Other 336 - 4,064 + 61 315

Other liabilities and capital17 51,166 + 796 + 6,032 51,205

Total factors, other than reserve balances,

absorbing reserve funds 1,263,762 - 22,695 + 345,177 1,245,341

Reserve balances with Federal Reserve Banks 866,309 - 67,963 + 855,418 874,021

H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Averages of daily figures

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of

the underlying mortgages.

5. Cash value of agreements.

6. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain other broker-dealers.

7. Excludes credit extended to consolidated LLCs.

8. Refer to table 7 and the note on consolidation accompanying table 10.

9. Refer to table 8 and the note on consolidation accompanying table 10.

10. Refer to table 4 and the note on consolidation accompanying table 10.

11. Refer to table 5 and the note on consolidation accompanying table 10.

12. Refer to table 6 and the note on consolidation accompanying table 10.

13. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned

to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the

foreign central bank.

14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.

15. Estimated.

16. Cash value of agreements, which are collateralized by U.S. Treasury securities.

17. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility,

Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other than the Federal Reserve Bank of New York, including

liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 8 and the note on consolidation

accompanying table 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

Change from week ended Wednesday

 May 27, 2009 Week ended

 May 27, 2009 May 20, 2009 May 28, 2008
Marketable securities held in custody for foreign

 official and international accounts1 2,724,223 + 14,652 + 431,411 2,723,455

U.S. Treasury securities 1,909,937 + 15,845 + 564,434 1,908,946

Federal agency securities2 814,286 - 1,193 - 133,022 814,509

Securities lent to dealers 31,470 - 5,248 - 81,251 34,971

Overnight facility3 3,377 - 791 - 1,180 7,621

Term facility4 28,093 - 4,457 - 80,071 27,350

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Week ended

 May 27, 2009

Change from week ended Wednesday

 May 27, 2009

 May 20, 2009 May 28, 2008

Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed securities at face value.

2. Includes debt and mortgage-backed securities.

3. Fully collateralized by U.S. Treasury securities.

4. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities.

Memorandum item

H.4.1

91 days to

1 year

2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, May 27, 2009

Millions of dollars

Within 15 days Over 1 year

to 5 years

16 days to

 90 days

All

Note: Components may not sum to totals because of rounding.

 . . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding Facility LLC, the LLCs funded through

the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC. The loans were eliminated when

preparing the FRBNY's statement of condition consistent with consolidation under generally accepted accounting principles.

2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of inflation on the

original face value of such securities.

3. Face value.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

5. Face value of commercial paper held by Commercial Paper Funding Facility LLC.

6. Face value of money market instruments held by LLCs funded through the Money Market Investor Funding Facility.

7. Cash value of agreements.

8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to

the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign

central bank.

Remaining maturity Over 5 years

to 10 years

Over 10

years

Term auction credit

Other loans1

U.S. Treasury securities2

Holdings

Weekly changes

Federal agency debt securities3

Holdings

Weekly changes

Mortgage-backed securities4

Holdings

Weekly changes

Commercial paper held by

Commercial Paper Funding

Facility LLC5

Money market instruments held by

LLCs funded through the

Money Market Investor

Funding Facility6

Repurchase agreements7

Central bank liquidity swaps8

Reverse repurchase agreements7

 131,562

 34,090

 15,618

- 2,503

 0

 0

 0

 0

 16,862

 0

 0

 98,834

 65,879

...

 113

 61,765

+ 1,551

 5,505

 0

 0

 0

 0

 0

...

 0

...

...

 59,567

 241,533

+ 6,268

 55,634

+ 2,821

 0

 0

...

...

...

 0

...

 240,978

 29,802

 25,691

+ 2,504

 196

 0

 0

 0

 129,642

 0

 0

 82,813

 0

...

...

 137,233

+ 8,913

 17,883

+ 258

 0

 0

...

...

...

 0

...

...

...

 118,302

+ 138

 535

 0

 427,552

- 3,928

...

...

...

 0

...

 372,540

 123,572

 600,142

+ 16,871

 79,753

+ 3,079

 427,552

- 3,928

 146,504

 0

 0

 181,647

 65,879
Wednesday

 May 27, 2009

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Net portfolio holdings of Maiden Lane LLC1

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3

 25,717

 28,820

 326

 1,212

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of March 31, 2009. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in

table 9 and table 10.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3)

of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets

through time to maximize repayment of the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from

the proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest

due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the

FRBNY.

Account name

H.4.1

Wednesday

 May 27, 2009

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Net portfolio holdings of Maiden Lane II LLC1

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3

 16,252

 17,877

 138

 1,017

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of March 31, 2009. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.

3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of American

International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued interest payable are

included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 9 and table 10.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the authority

of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential mortgage-backed securities from the

U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II

LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane II LLC, principal due to

the FRBNY, interest due to the FRBNY, and deferred payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the

FRBNY and AIG subsidiaries.

Account name

Wednesday

 May 27, 2009

3. Supplemental Information on Mortgage-Backed Securities Purchase Program

Millions of dollars

Mortgage-backed securities held outright1

Commitments to buy mortgage-backed securities2

Commitments to sell mortgage-backed securities2

Cash and cash equivalents3

 427,552

 181,878

 114,311

 1,160

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions as well as dollar rolls.

3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.

Account name
Wednesday

 May 27, 2009

8. Information on Principal Accounts of LLCs Funded through the Money Market Investor

 Funding Facility

Millions of dollars

Money market instrument holdings, net1

Other investments, net

Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility

Memorandum: Money market instrument holdings, face value

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility, net of related discounts

 0

 0

 0

 0

 0

 0

 0

1. Book value, which includes amortized cost.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.

Note: The Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the authority of section 13(3) of the

Federal Reserve Act to a series of limited liability companies funded through the Money Market Investor Funding Facility (MMIFF). The MMIFF

became operational on November 24, 2008. These limited liability companies were established to purchase short-term U.S. dollar-denominated

certificates of deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers. Such purchases are designed to foster

liquidity in short-term money markets.

Account name

H.4.1

Wednesday

 May 27, 2009

7. Information on Principal Accounts of Commercial Paper Funding Facility LLC

Millions of dollars

Commercial paper holdings, net1

Other investments, net

Net portfolio holdings of Commercial Paper Funding Facility LLC

Memorandum: Commercial paper holdings, face value

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

 145,718

 3,671

 149,389

 146,504

 145,587

 40

1. Book value, which includes amortized cost and related fees.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the Federal

Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company formed to purchase three-month U.S. dollardenominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and increase the availability of credit

for businesses and households.

Account name

Wednesday

 May 27, 2009

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Net portfolio holdings of Maiden Lane III LLC1

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3

 20,379

 22,992

 187

 5,093

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of March 31, 2009. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in

table 9 and table 10.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the authority

of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector collateralized debt obligations

(CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In

connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane

III LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane III LLC, principal due

to the FRBNY, interest due to the FRBNY, principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and

AIG.

Account name
Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 2,200 0 0

Coin 1,790 - 28 + 472

Securities, repurchase agreements, term auction

credit, and other loans 1,603,559 - 43,051 + 818,247

Securities held outright 1,107,447 + 16,021 + 616,356

U.S. Treasury securities1 600,142 + 16,871 + 109,051

Bills2 18,423 0 - 15,873

Notes and bonds, nominal2 534,022 + 15,097 + 121,630

Notes and bonds, inflation-indexed2 42,803 + 1,550 + 3,632

Inflation compensation3 4,894 + 223 - 338

Federal agency debt securities2 79,753 + 3,079 + 79,753

Mortgage-backed securities4 427,552 - 3,928 + 427,552

Repurchase agreements5 0 0 - 115,000

Term auction credit 372,540 - 56,295 + 222,540

Other loans 123,572 - 2,777 + 94,350

Net portfolio holdings of Commercial Paper Funding

Facility LLC6 149,389 - 7,694 + 149,389

Net portfolio holdings of LLCs funded through the

Money Market Investor Funding Facility7 0 0 0

Net portfolio holdings of Maiden Lane LLC8 25,717 + 34 + 25,717

Net portfolio holdings of Maiden Lane II LLC9 16,252 + 89 + 16,252

Net portfolio holdings of Maiden Lane III LLC10 20,379 + 14 + 20,379

Items in process of collection (527) 1,259 + 852 - 643

Bank premises 2,198 + 2 + 46

Central bank liquidity swaps11 181,647 - 53,465 + 119,647

Other assets12 66,233 + 1,746 + 26,602

Total assets (527) 2,081,659 - 101,502 +1,176,107

H.4.1

9. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 May 28, 2008

Eliminations from

consolidation Wednesday

 May 27, 2009

Wednesday

 May 20, 2009

Assets, liabilities, and capital

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
Liabilities

Federal Reserve notes, net of F.R. Bank holdings 870,017 + 3,552 + 82,321

Reverse repurchase agreements13 65,879 - 1,879 + 27,514

Deposits (0) 1,090,438 - 105,524 +1,058,777

Depository institutions 877,011 - 78,209 + 850,123

U.S. Treasury, general account 11,048 - 26,881 + 6,633

U.S. Treasury, supplementary financing account 199,932 + 2 + 199,932

Foreign official 2,132 - 469 + 2,034

Other (0) 315 + 33 + 55

Deferred availability cash items (527) 4,120 + 1,316 + 511

Other liabilities and accrued dividends14 6,283 - 85 + 2,571

Total liabilities (527) 2,036,737 - 102,620 +1,171,695

Capital accounts

Capital paid in 24,027 + 200 + 4,113

Surplus 19,174 + 630 + 695

Other capital accounts 1,721 + 288 - 396

Total capital 44,922 + 1,118 + 4,412

H.4.1

9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Change since

Wednesday

 May 28, 2008

Eliminations from

consolidation Wednesday

 May 27, 2009

Wednesday

 May 20, 2009

Assets, liabilities, and capital

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

6. Refer to table 7 and the note on consolidation accompanying table 10.

7. Refer to table 8 and the note on consolidation accompanying table 10.

8. Refer to table 4 and the note on consolidation accompanying table 10.

9. Refer to table 5 and the note on consolidation accompanying table 10.

10. Refer to table 6 and the note on consolidation accompanying table 10.

11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to

the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign

central bank.

12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.

13. Cash value of agreements, which are collateralized by U.S. Treasury securities.

14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden

Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other than the Federal Reserve Bank of New York, including liabilities that

have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 8 and the note on consolidation accompanying table

10.
    19, 18, 9,  9, 1, 7,           2, 1, - 1, 22,

 329 71 38 47,277 43,386 23,511 722 22,790 3,124 16,750 0 3,834 58 0 0 0 0 0 341 135 1,884 1,872 - 16,710 35,236

 911 212 222 127,505 119,838 64,942 1,994 62,948 8,630 46,266 0 5,900 1,768 0 0 0 0 0 155 208 6,320 5,208 - 35,745 104,996

 1,356 166 202 150,209 133,432 72,309 2,220 70,089 9,609 51,514 0 16,559 218 0 0 0 0 0 431 223 14,480 6,822 - 21,382 152,506

 882 147 236 105,711 39,909 21,627 664 20,963 2,874 15,408 0 64,993 810 0 0 0 0 0 99 236 53,730 8,654 + 87,068 256,763

 467 104 143 50,693 43,753 23,710 728 22,983 3,151 16,892 0 6,940 0 0 0 0 0 0 130 146 13,945 3,452 + 5,153 74,234

 412 115 67 60,686 21,244 11,513 353 11,159 1,530 8,202 0 13,337 26,105 0 0 0 0 0 51 122 7,586 1,828 + 14,048 84,913

AssetsGold certificate accountSpecial drawing rights certificate acct.CoinSecurities, repurchase agreements, term

auction credit, and other loans

Securities held outright

U.S. Treasury securities1

Bills2Notes and bonds3

Federal agency debt securities2Mortgage-backed securities4

Repurchase agreements5Term auction creditOther loans

Net portfolio holdings of Commercial

Paper Funding Facility LLC6

Net portfolio holdings of LLCs funded

through the Money Market InvestorFunding Facility7

Net portfolio holdings of Maiden

Lane LLC8

Net portfolio holdings of Maiden

Lane II LLC9

Net portfolio holdings of Maiden

Lane III LLC10

Items in process of collectionBank premisesCentral bank liquidity swaps11

Other assets12Interdistrict settlement account

Total assets

 11,037 2,200 1,790 1,603,559 1,107,447 600,142 18,423 581,719 79,753 427,552 0 372,540 123,572 149,389 0 25,717 16,252 20,379 1,786 2,198 181,647 66,233 0 2,082,185

 450 83 149 32,659 17,181 9,311 286 9,025 1,237 6,633 0 15,324 154 0 0 0 0 0 195 67 20,800 3,389 + 500 58,292

 3,895 874 80 742,131 432,874 234,581 7,201 227,380 31,173 167,120 0 216,558 92,699 149,389 0 25,717 16,252 20,379 0 216 42,667 22,858 - 48,608 975,849

H.4.110. Statement of Condition of Each Federal Reserve Bank, May 27, 2009Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

Assets, liabilities, and capital
Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

LiabilitiesFederal Reserve notes outstanding

Less: Notes held by F.R. Banks

Federal Reserve notes, net

Reverse repurchase agreements13

Deposits

Depository institutionsU.S. Treasury, general accountU.S. Treasury, supplementary financing accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends14

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.H.4.110. Statement of Condition of Each Federal Reserve Bank, May 27, 2009 (continued)Millions of dollars

Assets, liabilities, and capital

 36,543 4,612 31,931 1,264 49,573 49,558 0 0 2 13 147 146 83,060 920 844 89 84,913

 1,050,272 180,255 870,017 65,879 1,090,438 877,011 11,048 199,932 2,132 315 4,647 6,283 2,037,263 24,027 19,174 1,721 2,082,185

 373,764 58,148 315,616 25,750 620,037 406,753 11,048 199,932 2,103 201 0 3,501 964,904 7,240 3,705 0 975,849

 40,240 5,029 35,210 1,022 16,327 16,323 0 0 4 0 664 182 53,406 2,427 2,316 144 58,292

 45,285 7,565 37,720 2,603 29,906 29,902 0 0 3 1 541 211 70,980 1,619 1,552 83 74,234

 80,385 11,760 68,625 2,374 171,952 171,851 0 0 11 90 193 501 243,645 6,522 5,981 614 256,763

 132,963 28,284 104,678 7,937 35,775 35,772 0 0 3 0 417 425 149,234 1,562 1,612 98 152,506

 87,459 12,463 74,996 7,129 20,349 20,347 0 0 1 1 516 338 103,327 792 704 174 104,996

 31,325 4,100 27,226 2,581 4,428 4,420 0 0 0 7 335 165 34,735 238 210 54 35,236

 20,0 2,9 17,1 1,0 2,7 2,7     4 1 21,4 6 3 1 22,5
1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.

2. Face value of the securities.3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such 4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlyin5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.6. Refer to table 7 and the note on consolidation below.7. Refer to table 8 and the note on consolidation below.8. Refer to table 4 and the note on consolidation below.9. Refer to table 5 and the note on consolidation below.10. Refer to table 6 and the note on consolidation below.11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the fore

equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.

12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.13. Cash value of agreements, which are collateralized by U.S. Treasury securities.14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, M

LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refnote on consolidation below.

H.4.1

Note on consolidation:The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federawas extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On October 27, 2008, the FRBNY began extending loans to Commwas formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On October 21, 2008, the Federal Reserve Board authseries of LLCs funded through the Money Market Investor Funding Facility. These LLCs, which became operational on November 24, 2008, were established denominated certificates of deposit, bank notes, and commercial paper from eligible issuers. On November 25, 2008, a loan was extended to Maiden Lane IImulti-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap cowas extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment pInternational Group, Inc.The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC and the primary beneficiary of the other LLCs cited above. Consistent with generally aassets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page (and in of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in this tab

10. Statement of Condition of Each Federal Reserve Bank, May 27, 2009 (continued)
H.4.1

Federal Reserve notes outstanding

Less: Notes held by F.R. Banks not subject to collateralization

Federal Reserve notes to be collateralized

Collateral held against Federal Reserve notes

Gold certificate accountSpecial drawing rights certificate accountU.S. Treasury, agency debt, and mortgage-backed securities pledged1,2

Other assets pledged

Memo:Total U.S. Treasury, agency debt, and mortgage-backed securities1,2

Less: Face value of securities under reverse repurchase agreements

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged

11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' AccountsMillions of dollars

Federal Reserve notes and collateral Wednesday

 May 27, 2009

Note: Components may not sum to totals because of rounding.1. Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright, compensation to

adjust for the effect of inflation on the original face value of inflation-indexed securities, and cash value of repurchase agreements.

2. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.

 1,050,272 180,255 870,017 870,017 11,037 2,200 856,780 0 1,107,447 65,897 1,041,549