For release at

4:30 p.m. EDT

December 3, 2009

The Board’s H.4.1 statistical release, “Factors Affecting Reserve Balances of Depository Institutions 

and Condition Statement of Federal Reserve Banks,” has been modified to include information 

related to the Federal Reserve Bank of New York’s (FRBNY) preferred interests in AIA Aurora 

LLC and ALICO Holdings LLC. This information is presented in table 1, in a new table 9, 

“Supplemental Information on the Federal Reserve Bank of New York’s Preferred Interests in AIA 

Aurora LLC and ALICO Holdings LLC,” in table 10, and in table 11.

In conjunction with the restructuring of the government’s assistance to American International 

Group (AIG) announced March 2, 2009, the outstanding balance and amount available of revolving 

credit provided to AIG by the FRBNY has been reduced in exchange for preferred interests in two 

special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability 

companies were created to directly or indirectly hold all of the outstanding common stock of 

American International Assurance Company Ltd. (AIA) and American Life Insurance Company 

(ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC and 

ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion 

rights with respect to its preferred interests.

The FRBNY’s combined preferred interests in AIA Aurora LLC and ALICO Holdings LLC are 

presented in table 1, in table 10, and in table 11. Supplemental information on the FRBNY’s 

preferred interests in the two LLCs is presented in table 9. This table presents the FRBNY’s 

preferred interests in the two LLCs and the accrued dividends on those preferred interests. 

FEDERAL RESERVE statistical release
Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 2,187,072 - 2,759 + 69,485 2,186,478

Securities held outright1 1,783,761 - 1,268 +1,295,316 1,783,780

U.S. Treasury securities 776,539 + 7 + 300,150 776,543

Bills2 18,423 0 0 18,423

Notes and bonds, nominal2 707,649 0 + 297,158 707,649

Notes and bonds, inflation-indexed2 44,643 0 + 3,572 44,643

Inflation compensation3 5,825 + 7 - 578 5,829

Federal agency debt securities2 155,066 + 1,441 + 143,009 155,066

Mortgage-backed securities4 852,156 - 2,716 + 852,156 852,172

Repurchase agreements5 0 0 - 80,000 0

Term auction credit 101,009 0 - 305,499 101,009

Other loans 102,515 - 5,969 - 153,058 84,817

Primary credit 19,818 - 114 - 70,515 19,681

Secondary credit 0 0 - 158 0

Seasonal credit 47 - 22 + 43 33

Primary dealer and other broker-dealer credit6 0 0 - 57,198 0

Asset-Backed Commercial Paper Money

Market Mutual Fund Liquidity Facility 0 0 - 51,936 0

Credit extended to American International

Group, Inc., net7 38,172 - 6,771 - 17,772 20,660

Term Asset-Backed Securities Loan Facility,

net8 44,478 + 939 + 44,478 44,443

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC9 15,041 - 1 - 282,535 15,032

Net portfolio holdings of Maiden Lane LLC10 26,394 + 44 - 600 26,464

Net portfolio holdings of Maiden Lane II LLC11 15,846 + 69 + 15,846 15,847

Net portfolio holdings of Maiden Lane III LLC12 22,967 + 15 + 1,814 22,989

Net portfolio holdings of TALF LLC13 266 0 + 266 266

Preferred interests in AIA Aurora LLC and ALICO

Holdings LLC14 7,143 + 7,143 + 7,143 25,000

Float -1,743 - 143 - 769 -2,126

Central bank liquidity swaps15 23,434 - 2,377 - 478,901 23,038

Other Federal Reserve assets16 90,440 - 270 + 50,465 90,361

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 5,200 0 + 3,000 5,200

Treasury currency outstanding17 42,633 + 14 + 3,959 42,628

Total factors supplying reserve funds 2,245,947 - 2,744 + 76,445 2,245,347

FEDERAL RESERVE statistical release

 December 3, 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

 Dec 2, 2009 Week ended

 Dec 2, 2009 Nov 25, 2009 Dec 3, 2008
Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Currency in circulation17 922,940 + 3,008 + 50,527 922,801

Reverse repurchase agreements18 58,153 + 28 - 38,572 57,558

Foreign official and international accounts 58,153 + 28 - 13,572 57,558

Dealers 0 0 - 25,000 0

Treasury cash holdings 232 - 1 - 9 228

Deposits with F.R. Banks, other than reserve balances 59,749 + 10,864 - 453,146 80,921

U.S. Treasury, general account 38,243 + 12,339 - 22,806 60,164

U.S. Treasury, supplementary financing account 14,999 0 - 425,529 14,999

Foreign official 2,599 - 564 + 2,409 2,080

Service-related 3,033 - 4 - 1,926 3,033

Required clearing balances 3,033 - 4 - 1,923 3,033

Adjustments to compensate for float 0 0 - 3 0

Other 874 - 908 - 5,294 644

Other liabilities and capital19 65,546 + 138 + 12,232 64,851

Total factors, other than reserve balances,

absorbing reserve funds 1,106,620 + 14,037 - 428,968 1,126,360

Reserve balances with Federal Reserve Banks 1,139,326 - 16,782 + 505,413 1,118,987

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. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and allowance for loan restructuring.

Excludes credit extended to consolidated LLCs.

8. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term Asset-Backed Securities Loan

Facility, net of unamortized deferred administrative fees.

9. Refer to table 7 and the note on consolidation accompanying table 11.

10. Refer to table 4 and the note on consolidation accompanying table 11.

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

12. Refer to table 6 and the note on consolidation accompanying table 11.

13. Refer to table 8 and the note on consolidation accompanying table 11.

14. Refer to table 9.

15. 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.

16. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and accrued dividends on the

Federal Reserve Bank of New York's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

17. Estimated.

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

19. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF

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 11.

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

Change from week ended Wednesday

 Dec 2, 2009 Week ended

 Dec 2, 2009 Nov 25, 2009 Dec 3, 2008
Marketable securities held in custody for foreign

 official and international accounts1 2,931,500 + 6,199 + 436,702 2,942,149

U.S. Treasury securities 2,163,510 + 5,145 + 536,800 2,171,195

Federal agency securities2 767,991 + 1,054 - 100,097 770,953

Securities lent to dealers 9,235 + 3,074 - 187,844 9,205

Overnight facility3 9,235 + 3,074 + 3,048 9,205

U.S. Treasury securities 7,738 + 2,628 + 1,551 8,041

Federal agency debt securities 1,496 + 446 + 1,496 1,164

Term facility4 0 0 - 190,892 0

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Week ended

 Dec 2, 2009

Change from week ended Wednesday

 Dec 2, 2009

 Nov 25, 2009 Dec 3, 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. U.S. Treasury securities only. 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, December 2, 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, Maiden Lane LLC, Maiden

Lane II LLC, Maiden Lane III LLC, and TALF 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 asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.

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

Asset-backed securities held by

TALF LLC6

Repurchase agreements7

Central bank liquidity swaps8

Reverse repurchase agreements7

 87,857

 15,212

 15,039

- 989

 30

 0

 0

 0

 1,029

 0

 0

 18,811

 57,558

...

 0

 49,713

+ 1,002

 22,333

 0

 0

 0

 0

 0

...

 0

...

...

 65,103

 330,020

- 1,316

 95,670

 0

 0

 0

...

 0

...

 0

...

 13,152

 4,502

 24,457

+ 346

 1,591

 0

 0

 0

 9,440

 0

 0

 4,227

 0

...

 0

 212,649

+ 963

 33,395

 0

 0

 0

...

 0

...

 0

...

...

...

 144,665

+ 3

 2,047

 0

 852,172

+ 48

...

 0

...

 0

...

 101,009

 84,817

 776,543

+ 8

 155,066

 0

 852,172

+ 48

 10,469

 0

 0

 23,038

 57,558
Wednesday

 Dec 2, 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

 26,464

 28,820

 401

 1,243

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 September 30, 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 11.

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 10 and table 11.

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

 Dec 2, 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

 15,847

 16,018

 250

 1,034

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 September 30, 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 11.

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 10 and table 11.

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

 Dec 2, 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

 852,172

 162,380

 0

 66

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 10 and table 11.

Account name
H.4.1

Wednesday

 Dec 2, 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

 10,216

 4,816

 15,032

 10,469

 10,395

 3

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 11.

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

 Dec 2, 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

 22,989

 18,615

 322

 5,180

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 September 30, 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 11.

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 10 and table 11.

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
Wednesday

 Dec 2, 2009

8. Information on Principal Accounts of TALF LLC

Millions of dollars

Asset-backed securities holdings1

Other investments, net

Net portfolio holdings of TALF LLC

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

Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3

 0

 266

 266

 0

 0

 102

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.

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 11.

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 10 and table 11.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF) under the

authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New York (FRBNY) extends

loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed securities collateralized by a variety of consumer

and business loans. The loans provided through the TALF to eligible borrowers are non-recourse, meaning that the obligation of the borrower can

be discharged by surrendering the collateral to the FRBNY. The loans are extended for the market value of the security less an amount known as a

haircut. As a result, the borrower bears the initial risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the

decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed securities received by the

FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest. Losses on asset-backed securities held

by TALF LLC will be offset in the following order: by the commitment fees collected by TALF LLC, by the interest received on investments of TALF

LLC, by up to $20 billion in subordinated debt funding provided by the U.S. Treasury, and finally, by senior debt funding provided by the FRBNY.

Payments by TALF LLC from the proceeds of its net portfolio holdings will be made in the following order: operating expenses of TALF LLC,

principal due to FRBNY, principal due to the U.S. Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds

will be shared by the FRBNY and the U.S. Treasury.

Account name

H.4.1

Wednesday

 Dec 2, 2009

9. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in

AIA Aurora LLC and ALICO Holdings LLC

Millions of dollars

Preferred interests in AIA Aurora LLC and ALICO Holdings LLC1

Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC2

Preferred interests in AIA Aurora LLC1

Accrued dividends on preferred interests in AIA Aurora LLC2

Preferred interests in ALICO Holdings LLC1

Accrued dividends on preferred interests in ALICO Holdings LLC2

 25,000

 7

 16,000

 4

 9,000

 2

Account name

1. Book value.

2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

Note: In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2, 2009,

the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for preferred

interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies were created to directly

or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd. (AIA) and American Life Insurance

Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC and ALICO Holdings LLC, and the FRBNY will

have certain consent, disposition, and conversion rights with respect to its preferred interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis, the

accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 + 3,000

Coin 2,019 + 3 + 379

Securities, repurchase agreements, term auction

credit, and other loans 1,969,607 - 24,706 + 746,421

Securities held outright1 1,783,780 + 54 +1,295,854

U.S. Treasury securities 776,543 + 8 + 300,189

Bills2 18,423 0 0

Notes and bonds, nominal2 707,649 0 + 297,158

Notes and bonds, inflation-indexed2 44,643 0 + 3,572

Inflation compensation3 5,829 + 8 - 540

Federal agency debt securities2 155,066 0 + 143,494

Mortgage-backed securities4 852,172 + 48 + 852,172

Repurchase agreements5 0 0 - 80,000

Term auction credit 101,009 0 - 305,499

Other loans 84,817 - 24,761 - 163,934

Net portfolio holdings of Commercial Paper Funding

Facility LLC6 15,032 - 14 - 288,848

Net portfolio holdings of Maiden Lane LLC7 26,464 + 103 - 618

Net portfolio holdings of Maiden Lane II LLC8 15,847 + 2 + 15,847

Net portfolio holdings of Maiden Lane III LLC9 22,989 + 28 + 1,806

Net portfolio holdings of TALF LLC10 266 0 + 266

Preferred interests in AIA Aurora LLC and ALICO

Holdings LLC11 25,000 + 25,000 + 25,000

Items in process of collection (306) 435 - 204 - 1,077

Bank premises 2,231 + 5 + 56

Central bank liquidity swaps12 23,038 - 2,773 - 483,781

Other assets13 88,121 + 274 + 50,376

Total assets (306) 2,207,286 - 2,281 + 68,828

H.4.1

10. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Dec 3, 2008

Eliminations from

consolidation Wednesday

 Dec 2, 2009

Wednesday

 Nov 25, 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 882,417 - 617 + 46,588

Reverse repurchase agreements14 57,558 - 925 - 34,436

Deposits (0) 1,199,897 - 838 + 44,850

Depository institutions 1,122,010 - 46,560 + 466,831

U.S. Treasury, general account 60,164 + 47,167 + 2,819

U.S. Treasury, supplementary financing account 14,999 0 - 419,108

Foreign official 2,080 - 46 + 1,894

Other (0) 644 - 1,398 - 7,586

Deferred availability cash items (306) 2,561 + 280 + 132

Other liabilities and accrued dividends15 12,171 - 49 + 1,827

Total liabilities (306) 2,154,605 - 2,149 + 58,963

Capital accounts

Capital paid in 25,438 + 15 + 4,576

Surplus 21,448 + 8 + 4,273

Other capital accounts 5,795 - 156 + 1,016

Total capital 52,681 - 133 + 9,866

H.4.1

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

Millions of dollars

Change since

Wednesday

 Dec 3, 2008

Eliminations from

consolidation Wednesday

 Dec 2, 2009

Wednesday

 Nov 25, 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 11.

7. Refer to table 4 and the note on consolidation accompanying table 11.

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

9. Refer to table 6 and the note on consolidation accompanying table 11.

10. Refer to table 8 and the note on consolidation accompanying table 11.

11. Refer to table 9.

12. 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.

13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and accrued dividends on the

Federal Reserve Bank of New York's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

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

15. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 11.
    29, 29, 12,  12, 2, 14,             1, - 8, 23,

 329 150 32 71,040 69,882 30,422 722 29,700 6,075 33,385 0 1,138 20 0 0 0 0 0 0 30 134 229 2,662 - 34,633 39,974

 911 424 279 195,673 193,024 84,030 1,994 82,037 16,780 92,214 0 2,240 409 0 0 0 0 0 0 35 205 769 7,451 - 88,091 117,655

 1,356 654 232 215,492 214,921 93,563 2,220 91,343 18,683 102,675 0 384 187 0 0 0 0 0 0 169 221 1,762 9,389 - 72,222 157,051

 882 412 285 65,525 64,282 27,984 664 27,320 5,588 30,710 0 1,143 100 0 0 0 0 0 0 23 237 6,537 9,908 + 245,190 328,999

 467 237 147 72,341 70,474 30,680 728 29,952 6,126 33,668 0 1,867 1 0 0 0 0 0 0 131 145 1,697 4,384 - 20,594 58,953

 412 196 68 41,702 34,218 14,896 353 14,543 2,975 16,347 0 7,342 141 0 0 0 0 0 0 37 120 923 2,275 + 18,765 64,498

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

auction credit, and other loans

Securities held outright1

U.S. Treasury securities

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 Maiden

Lane LLC7

Net portfolio holdings of Maiden

Lane II LLC8

Net portfolio holdings of Maiden

Lane III LLC9

Net portfolio holdings of TALF LLC10Preferred interests in AIA Aurora LLC

and ALICO Holdings LLC11

Items in process of collectionBank premisesCentral bank liquidity swaps12Other assets13Interdistrict settlement account

Total assets

 11,037 5,200 2,019 1,969,607 1,783,780 776,543 18,423 758,120 155,066 852,172 0 101,009 84,817 15,032 26,464 15,847 22,989 266 25,000 742 2,231 23,038 88,121 0 2,207,592

 450 210 164 32,414 27,674 12,047 286 11,762 2,406 13,221 0 4,578 162 0 0 0 0 0 0 136 69 2,531 4,026 + 22,065 62,065

 3,895 1,818 77 854,878 697,236 303,531 7,201 296,330 60,611 333,093 0 74,075 83,568 15,032 26,464 15,847 22,989 266 25,000 0 256 6,129 31,040 + 12,593 1,016,284

H.4.111. Statement of Condition of Each Federal Reserve Bank, December 2, 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 agreements14

Deposits

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

Deferred availability cash itemsOther liabilities and accrued

dividends15

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.4.111. Statement of Condition of Each Federal Reserve Bank, December 2, 2009 (continued)Millions of dollars

Assets, liabilities, and capital

 35,867 4,277 31,590 1,104 29,635 29,627 0 0 2 7 87 179 62,595 944 844 114 64,498

 1,080,996 198,578 882,417 57,558 1,199,897 1,122,010 60,164 14,999 2,080 644 2,867 12,171 2,154,911 25,438 21,448 5,795 2,207,592

 398,210 72,170 326,040 22,498 643,540 565,832 60,164 14,999 2,050 494 0 8,259 1,000,337 7,427 5,976 2,545 1,016,284

 38,845 6,204 32,640 893 22,580 22,575 0 0 4 0 470 219 56,802 2,627 2,316 320 62,065

 45,078 8,651 36,427 2,274 15,717 15,714 0 0 3 0 388 287 55,093 1,910 1,551 398 58,953

 82,637 11,078 71,559 2,074 240,365 240,258 0 0 11 96 99 614 314,710 7,136 5,983 1,170 328,999

 135,717 31,229 104,488 6,935 41,351 41,347 0 0 3 0 325 622 153,721 1,579 1,612 140 157,051

 85,631 13,128 72,503 6,228 36,768 36,730 0 0 1 37 190 521 116,210 622 704 119 117,655

 30,617 4,332 26,285 2,255 10,616 10,613 0 0 0 3 54 240 39,450 240 209 75 39,974

 19,4 2,8 16,5 9 4,1 4,1     2 1 22,1 7 3 4 23,6
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 4 and the note on consolidation below.8. Refer to table 5 and the note on consolidation below.9. Refer to table 6 and the note on consolidation below.10. Refer to table 8 and the note on consolidation below.11. Refer to table 9.12. 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.

13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and accrued dividends on the Federal Re

interests in AIA Aurora LLC and ALICO Holdings LLC.

14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities.15. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities oth

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 consolidat

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 November 25, 2008, a loan was extended to Maidepurchase multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit defau2008, a loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reAmerican International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formbacked securities received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed SecuritiThe FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC. The FRBNY is the primary beneficiary of TALF LLC, because of the two benefiU.S. Treasury, the FRBNY is primarily responsible for directing the financial activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cmajority of any residual returns of the LLCs and absorb a majority of any residual losses of the LLCs. Consistent with generally accepted accounting principLLCs have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on this release. As a consextensions 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 table 1 and table entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in this table (and table 1 

11. Statement of Condition of Each Federal Reserve Bank, December 2, 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

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

Federal Reserve notes and collateral Wednesday

 Dec 2, 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.

 1,080,996 198,578 882,417 882,417 11,037 5,200 866,181 0 1,783,780 56,731 1,727,049