FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           October 12, 2006
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at           Oct 11, 2006  Oct 4, 2006 Oct 12, 2005 Oct 11, 2006
Federal Reserve Banks

Reserve Bank Credit                                         831,100    +   1,539    +  29,732      842,605
 Securities held outright                                   768,941    +      15    +  31,281      768,945       
    U.S. Treasury (1)                                       768,941    +      15    +  31,281      768,945
       Bills (2)                                            277,019            0    +   7,191      277,019
       Notes and bonds, nominal (2)                         461,791            0    +  16,901      461,791
       Notes and bonds, inflation-indexed (2)                26,019            0    +   6,036       26,019
       Inflation compensation (3)                             4,113    +      15    +   1,155        4,117
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    22,250    +   1,036    +     107       28,250
 Loans to depository institutions                               246    -      97    -      23          234
    Primary credit                                                5    -      35    -       4           13
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             242    -      61    -      18          221
 Float                                                           42    +     393    -   1,683        4,993
 Other Federal Reserve assets                                39,621    +     191    +      50       40,183
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,166    +      14    +   1,737       38,166
       
Total factors supplying reserve funds                       882,506    +   1,552    +  31,468      894,012
                                                                   
Currency in circulation(5)                                  795,842    +   3,988    +  24,700      796,532
Reverse repurchase agreements (6)                            29,975    -     523    +   3,874       30,614
   Foreign official and international accounts               29,975    -     523    +   3,874       30,614
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          155    +       4    -      66          163
Deposits with F.R.Banks, other than reserve balances         12,566    -   1,450    -   1,464       11,474       
  U.S. Treasury, general account                              5,174    -   1,476    +     387        4,103
  Foreign official                                               90    -       4    +       5           90
  Service-related                                             6,992    -       1    -   1,871        6,992
     Required clearing balances                               6,992    -       1    -   1,871        6,992
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         310    +      30    +      14          288
Other liabilities and capital                                36,048    +      32    +   4,485       35,633

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  874,586    +   2,051    +  31,529      874,415

Reserve balances with Federal Reserve Banks                   7,920    -     499    -      61       19,596
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,687,188    +  12,524    + 220,128    1,689,338
     U.S. Treasury                                        1,146,344    +  14,979    +  59,850    1,150,215
     Federal agency                                         540,845    -   2,453    + 160,279      539,123
  Securities lent to dealers                                  1,166    -     443    -   2,707        1,056   


Note: Components may not sum to totals because of rounding.


1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.  
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  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Estimated. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.


Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation Oct 11, 2006      Oct 4, 2006     Oct 12, 2005

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                               836        -      12        +     127
Securities, repurchase agreements, and loans                   797,429        +   9,981        +  39,247
   Securities held outright                                    768,945        +      13        +  31,273
      U.S. Treasury (1)                                        768,945        +      13        +  31,273       
         Bills (2)                                             277,019                0        +   7,187
         Notes and bonds, nominal (2)                          461,791                0        +  16,901
         Notes and bonds, inflation-indexed (2)                 26,019                0        +   6,036
         Inflation compensation (3)                              4,117        +      13        +   1,151
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    28,250        +  10,000        +   8,000    
   Loans                                                           234        -      33        -      26
Items in process of collection                    (2,028)       11,816        +   6,817        -   5,090
Bank premises                                                    1,901                0        +      62
Other assets (5)                                                38,102        +     235        +     227
      Total assets                                (2,028)      863,320        +  17,020        +  34,571
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  759,361        +   2,268        +  23,310
Reverse repurchase agreements (6)                               30,614        +   1,402        +   4,333
Deposits                                              (0)       30,890        +  11,367        +   6,833       
  Depository institutions                                       26,408        +  13,533        +   7,992
  U.S. Treasury, general account                                 4,103        -   2,119        -   1,162
  Foreign official                                                  90        -       2        +      12
  Other                                               (0)          288        -      46        -       9
Deferred availability cash items                  (2,028)        6,823        +   1,972        -   4,237
Other liabilities and accrued dividends (7)                      5,513        +     111        +   1,561
      Total liabilities                           (2,028)      833,200        +  17,120        +  31,798
                          
Capital Accounts
Capital paid in                                                 15,077                0        +   1,648
Surplus                                                         12,901                0        +   1,271
Other capital accounts                                           2,142        -     100        -     146
      Total capital                                             30,120        -     100        +   2,773


Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
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  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of 
   foreign exchange commitments.



3. Maturity Distribution of Loans and Securities,   October 11, 2006
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days              30       53,745   -     889            0           0       28,250       30,614
16 days to 90 days         204      170,639   +     627            0           0            0            0
91 days to 1 year            0      186,943   +     263            0           0     ------      ------
Over 1 to 5 years     ------        215,774   +       4            0           0     ------      ------
Over 5 to 10 years    ------         60,282   +       3            0           0     ------      ------
Over 10 years         ------         81,563   +       6            0           0     ------      ------
                   		 	
All                        234      768,945   +      13            0           0       28,250      30,614

Note: Components may not sum to totals because of rounding.
---   Not applicable.

1  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. 
2  Cash value of agreements classified by remaining maturity of the agreements.



4. Statement of Condition of Each Federal Reserve Bank on   October 11, 2006
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        486      4,139        463        446        853      1,023        947        328        211        324        575      1,242
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             836         23         46         57         76         77        109        100         41         29         61         83        133
Securities, repurchase agreements,
      and loans                              797,429     36,696    312,868     33,384     33,203     63,876     64,381     70,682     24,454     15,705     22,549     34,515     85,115
   Securities held outright                  768,945     36,693    284,608     33,384     33,203     63,876     64,374     70,604     24,431     15,632     22,516     34,509     85,115
      U.S. Treasury (1)                      768,945     36,693    284,608     33,384     33,203     63,876     64,374     70,604     24,431     15,632     22,516     34,509     85,115
         Bills (2)                           277,019     13,219    102,532     12,027     11,962     23,012     23,191     25,436      8,801      5,632      8,112     12,432     30,663
         Notes and bonds(3)                  491,926     23,474    182,075     21,357     21,241     40,864     41,182     45,169     15,629     10,001     14,405     22,077     54,451
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                28,250          0     28,250          0          0          0          0          0          0          0          0          0          0
      Loans                                      234          3         10          0          0          0          8         78         23         73         33          6          0
Items in process of collection                13,844        698        421      1,116      1,340        666      1,581        797        352        382        943        690      4,860
Bank premises                                  1,901        113        208         57        157        162        230        209         74        117        138        260        176
Other assets(5)                               38,102      1,214     13,798      1,803      2,238      6,833      2,710      2,713        742        693        715        946      3,699
Interdistrict settlement account                   0    - 1,202    - 1,097    +   772    - 1,212    + 6,125    + 7,591    - 8,511    -   740    -   436    + 1,693    - 2,594    -   389
          Total Assets                       865,348     38,142    331,256     37,735     36,352     78,738     77,790     67,150     25,322     16,731     26,489     34,573     95,070

Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
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  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.




4. Statement of Condition of Each Federal Reserve Bank on   October 11, 2006
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             935,936     37,926    347,003     38,816     36,812     74,637     94,978     74,926     26,996     17,110     27,707     50,201    108,825
  Less: notes held by F.R. Banks              176,575      3,971     52,830      7,608      5,932     12,712     25,299     15,056      3,806      2,586      3,885     18,909     23,980
    Federal Reserve notes, net                759,361     33,955    294,172     31,208     30,880     61,925     69,679     59,870     23,190     14,524     23,822     31,291     84,845
Reverse repurchase agreements (1)              30,614      1,461     11,331      1,329      1,322      2,543      2,563      2,811        973        622        896      1,374      3,389
Deposits                                       30,890      1,005     16,096        905        865      4,681      2,053      1,401        422        433        507        705      1,816
  Depository institutions                      26,408      1,004     11,772        903        861      4,546      2,050      1,398        421        433        506        704      1,812
  U.S. Treasury, general account                4,103          0      4,103          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 90          1         61          2          3         11          3          3          0          1          1          0          4
  Other                                           288          0        160          0          1        125          0          0          0          0          1          0          0
Deferred availability cash items                8,851        646        229      1,115        741        884        822        807        207        470        718        498      1,713
Other liabilities and accrued                 
  dividends (2)                                 5,513        266      1,849        267        270        556        467        500        197        141        181        258        562
   
    Total liabilities                         835,228     37,333    323,678     34,824     34,078     70,589     75,585     65,389     24,988     16,190     26,124     34,127     92,324
                              
Capital                    
Capital paid in                                15,077        390      3,691      1,692      1,129      4,080      1,084        845        158        275        174        208      1,349
Surplus                                        12,901        317      3,685        744      1,013      3,307        892        876        144        245        175        153      1,349
Other capital                                   2,142        102        201        475        133        761        229         40         31         20         16         85         47
     Total liabilities and capital            865,348     38,142    331,256     37,735     36,352     78,738     77,790     67,150     25,322     16,731     26,489     34,573     95,070
                              

Note: Components may not sum to totals because of rounding.

1  Cash value of agreements, which are collateralized by U.S. Treasury securities.
2  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.


5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars



Federal Reserve notes and collateral        Wednesday
                                          Oct 11, 2006
              
Federal Reserve notes outstanding             935,936
   Less: Notes held by F.R. Banks
         not subject to collateralization     176,575
      Federal Reserve Notes to be
         collateralized                       759,361 
Collateral held against Federal Reserve            
   notes                                      759,361
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              746,124
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         797,195
   Less:face value of securities under
         reverse repurchase agreements         30,658
      U.S. Treasury and agency securities
             eligible to be pledged           766,537
   

Note: Components may not sum to totals because of rounding.

1  Includes face value of U.S. Treasury and agency 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.