FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                            August 20, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Aug 19, 2009 Aug 12, 2009 Aug 20, 2008 Aug 19, 2009

Reserve Bank credit                                       2,034,701   +   45,433   +1,144,378    2,036,967
  Securities held outright (1)                            1,448,821   +   76,129   +  969,321    1,457,405       
    U.S. Treasury securities                                731,039   +   10,129   +  251,539      736,086
      Bills (2)                                              18,423            0   -    3,317       18,423
      Notes and bonds, nominal (2)                          662,470   +   10,032   +  250,739      667,481
      Notes and bonds, inflation-indexed (2)                 44,588            0   +    4,756       44,588
      Inflation compensation (3)                              5,559   +       97   -      638        5,595
    Federal agency debt securities (2)                      110,768   +    1,872   +  110,768      111,787
    Mortgage-backed securities (4)                          607,014   +   64,129   +  607,014      609,531
  Repurchase agreements (5)                                       0            0   -  107,714            0
  Term auction credit                                       221,081   -   12,517   +   71,081      221,081  
  Other loans                                               107,144   +    1,167   +   89,535      106,292
    Primary credit                                           30,711   -    3,223   +   13,198       29,942
    Secondary credit                                            710   -       95   +      710          620
    Seasonal credit                                             118   +       13   +       23          123
    Primary dealer and other broker-dealer credit (6)             0            0            0            0
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                            113            0   +      113          113
    Credit extended to American International
      Group, Inc., net (7)                                   39,199   -    1,990   +   39,199       39,214
    Term Asset-Backed Securities Loan Facility               36,292   +    6,461   +   36,292       36,280
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (8)                                 56,512   -    3,516   +   56,512       53,742
  Net portfolio holdings of LLCs funded through
    the Money Market Investor Funding Facility (9)                0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (10)             25,988   +       34   -    3,195       25,982
  Net portfolio holdings of Maiden Lane II LLC (11)          14,822   +        7   +   14,822       14,841
  Net portfolio holdings of Maiden Lane III LLC (12)         20,862   +      103   +   20,862       20,875
  Float                                                      -1,885   +      260   -      945       -2,168
  Central bank liquidity swaps (13)                          69,141   -    7,142   +    2,141       69,141
  Other Federal Reserve assets (14)                          72,215   -    9,092   +   31,958       69,776
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (15)                           42,457   +       14   +    3,781       42,445
       
Total factors supplying reserve funds                     2,090,399   +   45,447   +1,148,159    2,092,652

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Aug 19, 2009 Aug 12, 2009 Aug 20, 2008 Aug 19, 2009

Currency in circulation (15)                                910,895   -      685   +   80,878      911,755
Reverse repurchase agreements (16)                           68,148   -    2,156   +   23,693       68,369
  Foreign official and international accounts                68,148   -    2,156   +   23,693       68,369
  Dealers                                                         0            0            0            0
Treasury cash holdings                                          261   -       25   -       36          276
Deposits with F.R. Banks, other than reserve balances       244,826   -   13,555   +  232,461      248,424       
  U.S. Treasury, general account                             29,767   -   18,450   +   25,002       40,294
  U.S. Treasury, supplementary financing account            199,930   -        3   +  199,930      199,930
  Foreign official                                            3,355   -       59   +    3,252        3,235
  Service-related                                             4,615   -      504   -    2,564        4,615
    Required clearing balances                                4,615   -      504   -    2,561        4,615
    Adjustments to compensate for float                           0            0   -        3            0
  Other                                                       7,159   +    5,462   +    6,841          349
Other liabilities and capital (17)                           58,898   +    1,265   +   14,907       58,778

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,283,028   -   15,155   +  351,903    1,287,601

Reserve balances with Federal Reserve Banks                 807,371   +   60,603   +  796,256      805,051
                                                                
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. 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.


1A. Memorandum Items 
Millions of dollars
                                                                   Averages of daily figures
Memorandum item                                           Week ended   Change from week ended     Wednesday
                                                         Aug 19, 2009 Aug 12, 2009 Aug 20, 2008 Aug 19, 2009

Marketable securities held in custody for foreign
      official and international accounts (1)             2,814,079   -    1,538   +  408,215    2,817,030
  U.S. Treasury securities                                2,029,642   -    2,753   +  598,788    2,032,043
  Federal agency securities (2)                             784,436   +    1,214   -  190,574      784,988
Securities lent to dealers                                   14,062   +      813   -  110,749       13,150   
  Overnight facility (3)                                     13,677   +    3,128   +    7,854       13,150
    U.S. Treasury securities                                 13,474   +    3,101   +    7,651       12,984
    Federal agency debt securities                              202   +       26   +      202          166
  Term facility (4)                                             386   -    2,314   -  118,603            0

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. 






2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities,    August 19, 2009
Millions of dollars

Remaining maturity                 Within 15  16 days to  91 days to  Over 1 year  Over 5 years  Over 10       All
                                      days     90 days      1 year     to 5 years   to 10 years   years 
Term auction credit                   82,375     138,706         ---          ---           ---        ---     221,081
Other loans (1)                       22,972       7,826            0      75,494             0        ---     106,292
U.S. Treasury securities (2) 
  Holdings                            15,418      21,958       58,903     306,425       200,217    133,166     736,086
  Weekly changes                  -   10,807  +    9,294   -    5,669  +   11,005    +    7,563 -    4,273  +    7,112
Federal agency debt securities (3) 
  Holdings                                 0         750       14,921      70,801        23,444      1,871     111,787
  Weekly changes                           0           0   +    1,359  +      170    +      255          0  +    1,784
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    609,531     609,531
  Weekly changes                           0           0            0           0             0 +   66,646  +   66,646
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                     6,214      43,241            0         ---           ---        ---      49,455
Money market instruments held by
  LLCs funded through the Money
  Market Investor Funding
  Facility (6)                             0           0            0         ---           ---        ---           0
Repurchase agreements (7)                  0           0          ---         ---           ---        ---           0
Central bank liquidity swaps (8)      54,353      14,788            0           0             0          0      69,141

Reverse repurchase agreements (7)     68,369           0          ---         ---           ---        ---      68,369
  
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.


3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Aug 19, 2009

Mortgage-backed securities held outright (1)                                                       609,531

Commitments to buy mortgage-backed securities (2)                                                  132,770
Commitments to sell mortgage-backed securities (2)                                                   1,430

Cash and cash equivalents (3)                                                                        1,351

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.


4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Aug 19, 2009
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       25,982

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           28,820
Accrued interest payable to the Federal Reserve Bank of New York (2)                                   359
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,226
 
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      June 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 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.



5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Aug 19, 2009

Net portfolio holdings of Maiden Lane II LLC (1)                                                     14,841

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            16,899
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    190
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,024

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      June 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 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.


6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Aug 19, 2009

Net portfolio holdings of Maiden Lane III LLC (1)                                                    20,875

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            20,196
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    252
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,132

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      June 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 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.


7. Information on Principal Accounts of Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Aug 19, 2009

Commercial paper holdings, net (1)                                                                   49,229
Other investments, net                                                                                4,513
Net portfolio holdings of Commercial Paper Funding Facility LLC                                      53,742

Memorandum: Commercial paper holdings, face value                                                    49,455

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            49,128
Accrued interest payable to the Federal Reserve Bank of New York (2)                                     12

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. dollar-denominated commercial paper from eligible issuers 
and thereby foster liquidity in short-term funding markets and increase the availability of credit for 
businesses and households.


8. Information on Principal Accounts of LLCs Funded through the Money Market Investor Funding Facility 
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Aug 19, 2009

Money market instrument holdings, net (1)                                                                 0
Other investments, net                                                                                    0
Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility                  0

Memorandum: Money market instrument holdings, face value                                                  0

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                 0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                      0
Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility, 
  net of related discounts                                                                                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.


9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Aug 19, 2009     Aug 12, 2009     Aug 20, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          2,200                0                0
Coin                                                                1,907       -        6       +      505
Securities, repurchase agreements, term auction
      credit, and other loans                                   1,784,777       +   60,133       +1,035,926
  Securities held outright (1)                                  1,457,405       +   75,543       +  977,867
    U.S. Treasury securities                                      736,086       +    7,112       +  256,548       
      Bills (2)                                                    18,423                0       -    3,317
      Notes and bonds, nominal (2)                                667,481       +    7,016       +  255,750
      Notes and bonds, inflation-indexed (2)                       44,588                0       +    4,756
      Inflation compensation (3)                                    5,595       +       97       -      640
    Federal agency debt securities (2)                            111,787       +    1,784       +  111,787
    Mortgage-backed securities (4)                                609,531       +   66,646       +  609,531
  Repurchase agreements (5)                                             0                0       -  100,750    
  Term auction credit                                             221,081       -   12,517       +   71,081
  Other loans                                                     106,292       -    2,892       +   87,729
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                         53,742       -    4,310       +   53,742
Net portfolio holdings of LLCs funded through
  the Money Market Investor Funding Facility (7)                        0                0                0
Net portfolio holdings of Maiden Lane LLC (8)                      25,982       -        6       -    3,225
Net portfolio holdings of Maiden Lane II LLC (9)                   14,841       +       23       +   14,841
Net portfolio holdings of 
  Maiden Lane III LLC (10)                                         20,875       +       15       +   20,875
Items in process of collection                         (642)          371       -       91       -      567
Bank premises                                                       2,217       +        3       +       54
Central bank liquidity swaps (11)                                  69,141       -    6,070       +    2,141
Other assets (12)                                                  76,698       -    3,534       +   39,383
     
      Total assets                                     (642)    2,063,789       +   46,157       +1,163,676

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Aug 19, 2009     Aug 12, 2009     Aug 20, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  871,488       -    1,311       +   77,785
Reverse repurchase agreements (13)                                 68,369       +      699       +   24,763
Deposits                                                 (0)    1,062,614       +   45,201       +1,046,563       
  Depository institutions                                         818,806       +   41,780       +  808,343
  U.S. Treasury, general account                                   40,294       +    4,536       +   35,117
  U.S. Treasury, supplementary financing account                  199,930       -        3       +  199,930
  Foreign official                                                  3,235       +      196       +    3,133
  Other                                                  (0)          349       -    1,308       +       39
Deferred availability cash items                       (642)        2,538       +        7       -       94
Other liabilities and accrued dividends (14)                        8,243       +      858       +    4,558

      Total liabilities                                (642)    2,013,254       +   45,457       +1,153,576
                          
Capital accounts
Capital paid in                                                    24,657       +       54       +    4,468
Surplus                                                            21,322       +        8       +    2,815
Other capital accounts                                              4,555       +      638       +    2,815

      Total capital                                                50,535       +      701       +   10,099

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. 


10. Statement of Condition of Each Federal Reserve Bank,    August 19, 2009
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,037        412      3,895        450        467        882      1,356        911        329        197        335        621      1,182
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,907         62         74        159        157        248        232        228         40         60        138        202        309
Securities, repurchase agreements, term
      auction credit, and other loans      1,784,777     36,585    853,983     30,626     61,252     54,944    177,949    162,247     59,353     24,734     67,816     72,479    182,810
  Securities held outright (1)             1,457,405     27,958    569,664     22,610     57,579     52,521    175,597    157,707     57,096     24,128     65,786     70,468    176,292
    U.S. Treasury securities                 736,086     14,120    287,718     11,420     29,081     26,526     88,688     79,652     28,837     12,186     33,226     35,591     89,039
      Bills (2)                               18,423        353      7,201        286        728        664      2,220      1,994        722        305        832        891      2,228
      Notes and bonds (3)                    717,664     13,767    280,517     11,134     28,353     25,862     86,469     77,659     28,115     11,881     32,395     34,700     86,811
    Federal agency debt securities (2)       111,787      2,144     43,695      1,734      4,416      4,028     13,469     12,097      4,379      1,851      5,046      5,405     13,522
    Mortgage-backed securities (4)           609,531     11,693    238,251      9,456     24,081     21,966     73,440     65,958     23,879     10,091     27,514     29,472     73,731
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                        221,081      8,324    181,676      7,961      3,665      1,904      2,025      3,421      2,187        438      2,029      1,871      5,580     
  Other loans                                106,292        303    102,643         54          8        519        327      1,119         70        168          1        141        938
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)              53,742          0     53,742          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of LLCs funded
  through the Money Market Investor
  Funding Facility (7)                             0          0          0          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden Lane 
  LLC (8)                                     25,982          0     25,982          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (9)                             14,841          0     14,841          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (10)                           20,875          0     20,875          0          0          0          0          0          0          0          0          0          0
Items in process of collection                 1,013         35          0        102         87         44        397         73         68         52         41         68         47
Bank premises                                  2,217        121        234         69        146        240        222        207        134        112        270        249        213
Central bank liquidity swaps (11)             69,141      2,810     17,662      7,705      5,165     19,902      5,364      2,341        698      1,080        692        902      4,822
Other assets (12)                             76,698      2,028     26,860      3,591      3,881      9,136      8,062      6,321      2,276      1,261      2,562      2,817      7,902
Interdistrict settlement account                   0  +  10,895  +  37,113  +  14,102  -  11,230  + 168,172  -  45,821  -  68,490  -  26,737  -   5,188  -  29,066  -  10,049  -  33,702

      Total assets                         2,064,431     53,063  1,056,135     56,885     60,031    253,715    147,928    104,050     36,231     22,338     42,855     67,386    163,816

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank,    August 19, 2009 (continued)
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding           1,058,511     35,660    384,905     39,762     44,967     82,986    131,361     85,970     31,032     19,745     28,881     62,754    110,488
  Less: Notes held by F.R. Banks              187,022      4,844     57,844      7,021      9,182     12,740     26,152     13,625      4,540      3,347      3,595     17,758     26,373
    Federal Reserve notes, net                871,488     30,816    327,061     32,741     35,785     70,246    105,209     72,345     26,492     16,397     25,286     44,996     84,114
Reverse repurchase agreements (13)             68,369      1,312     26,724      1,061      2,701      2,464      8,238      7,398      2,678      1,132      3,086      3,306      8,270
Deposits                                    1,062,614     18,812    682,424     17,366     17,615    166,724     30,309     21,815      6,216      3,108     13,624     17,677     66,925
  Depository institutions                     818,806     18,806    438,783     17,361     17,611    166,613     30,306     21,805      6,199      3,107     13,622     17,676     66,916
  U.S. Treasury, general account               40,294          0     40,294          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                         199,930          0    199,930          0          0          0          0          0          0          0          0          0          0
  Foreign official                              3,235          2      3,206          4          3         11          3          1          0          1          0          1          3
  Other                                           349          5        212          0          1         99          0          9         16          0          1          0          6
Deferred availability cash items                3,181        101          0        352        347        115        267        279        100        305        182        542        590
Other liabilities and accrued                 
  dividends (14)                                8,243        155      4,765        169        246        458        582        501        228        133        212        264        530
   
      Total liabilities                     2,013,896     51,195  1,040,975     51,689     56,695    240,007    144,604    102,337     35,713     21,076     42,390     66,785    160,429
                              
Capital                    
Capital paid in                                24,657        921      7,292      2,607      1,636      6,886      1,562        796        237        621        209        274      1,619
Surplus                                        21,322        844      5,852      2,316      1,552      5,982      1,612        704        209        324        208        271      1,449
Other capital                                   4,555        102      2,016        273        148        840        150        214         71        317         48         56        319

      Total liabilities and capital         2,064,431     53,063  1,056,135     56,885     60,031    253,715    147,928    104,050     36,231     22,338     42,855     67,386    163,816
                              
Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank,    August 19, 2009 (continued)

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 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 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 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 below.

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 Federal Reserve Act. On June 26, 2008, 
a loan was 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 Commercial Paper Funding 
Facility LLC, which was formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On October 21, 2008, the Federal Reserve Board authorized the FRBNY 
to extend credit to a series of LLCs funded through the Money Market Investor Funding Facility.  These LLCs, which became operational on November 24, 2008, were established to purchase 
short-term U.S. dollar-denominated certificates of deposit, bank notes, and commercial paper from eligible issuers.  On November 25, 2008, a loan was extended to Maiden Lane III LLC, 
which was formed to purchase multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap 
contracts.  On December 12, 2008, a loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending 
reinvestment portfolio of subsidiaries of American International 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 accepted accounting principles, 
the assets 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 this release.  As a 
consequence of the 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 table 1 and 
table 9), and the liabilities 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 table (and table 1 and table 9).


11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars

Federal Reserve notes and collateral                                                              Wednesday
                                                                                                Aug 19, 2009
              
Federal Reserve notes outstanding                                                                1,058,511
  Less: Notes held by F.R. Banks not subject to collateralization                                  187,022
    Federal Reserve notes to be collateralized                                                     871,488 
Collateral held against Federal Reserve notes                                                      871,488
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         2,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         858,252
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                           1,457,405
  Less: Face value of securities under reverse repurchase agreements                                68,138
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                       1,389,267
   
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.