FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                            August 10, 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            Aug 9, 2006  Aug 2, 2006 Aug 10, 2005  Aug 9, 2006
Federal Reserve Banks

Reserve Bank Credit                                         825,183    -   7,814    +  33,520      825,177
 Securities held outright                                   764,824    +      31    +  40,122      764,828       
    U.S. Treasury (1)                                       764,824    +      31    +  40,122      764,828
       Bills (2)                                            277,019            0    +  12,004      277,019
       Notes and bonds, nominal (2)                         457,826    -     705    +  20,452      457,826
       Notes and bonds, inflation-indexed (2)                26,019    +     706    +   6,486       26,019
       Inflation compensation (3)                             3,961    +      31    +   1,181        3,966
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    18,929    -   7,678    -   7,035       17,500
 Loans to depository institutions                               341    -     145    +      72          360
    Primary credit                                                9    -     132    +       7           25
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             331    -      14    +      64          336
 Float                                                         -718    -     287    -     363          520
 Other Federal Reserve assets                                41,809    +     268    +     726       41,968
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,060    +      14    +   1,631       38,060
       
Total factors supplying reserve funds                       876,484    -   7,799    +  35,151      876,478
                                                                   
Currency in circulation(5)                                  794,064    +   1,291    +  29,724      795,862
Reverse repurchase agreements (6)                            28,444    -   1,201    +   5,333       27,860
   Foreign official and international accounts               28,444    -   1,201    +   5,333       27,860
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          157    +       8    -      89          160
Deposits with F.R.Banks, other than reserve balances         12,225    +      60    -   2,282       10,469       
  U.S. Treasury, general account                              4,643    -      77    -     346        2,907
  Foreign official                                               90            0    -       2           88
  Service-related                                             7,207    +     181    -   1,909        7,207
     Required clearing balances                               7,204    +     178    -   1,912        7,204
     Adjustments to compensate for float                          3    +       3    +       3            3
  Other                                                         286    -      42    -      24          268
Other liabilities and capital                                35,599    +     116    +   4,919       35,042

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  870,489    +     273    +  37,605      869,393

Reserve balances with Federal Reserve Banks                   5,995    -   8,073    -   2,455        7,084
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,662,318    +   8,742    + 201,015    1,661,704
     U.S. Treasury                                        1,134,313    +  12,821    +  42,024    1,135,161
     Federal agency                                         528,005    -   4,080    + 158,991      526,543
  Securities lent to dealers                                  2,896    +     320    -     585        2,867   


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  Aug 9, 2006      Aug 2, 2006     Aug 10, 2005

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                               764        +       7        +     128
Securities, repurchase agreements, and loans                   782,689        -  11,127        +  33,201
   Securities held outright                                    764,828        +      13        +  40,125
      U.S. Treasury (1)                                        764,828        +      13        +  40,125       
         Bills (2)                                             277,019                0        +  12,004
         Notes and bonds, nominal (2)                          457,826                0        +  20,452
         Notes and bonds, inflation-indexed (2)                 26,019                0        +   6,486
         Inflation compensation (3)                              3,966        +      14        +   1,185
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    17,500        -  10,250        -   7,000    
   Loans                                                           360        -     891        +      75
Items in process of collection                    (1,067)        5,263        +     383        -     662
Bank premises                                                    1,867        +       1        +      40
Other assets (5)                                                39,862        +     486        +     336
      Total assets                                (1,067)      843,682        -  10,251        +  33,044
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  758,723        +   1,307        +  28,701
Reverse repurchase agreements (6)                               27,860        -     938        +   4,220
Deposits                                              (0)       17,314        -   9,598        -   3,114       
  Depository institutions                                       14,051        -   6,914        -     240
  U.S. Treasury, general account                                 2,907        -   2,564        -   2,772
  Foreign official                                                  88        -       3        -      68
  Other                                               (0)          268        -     118        -      34
Deferred availability cash items                  (1,067)        4,743        -     953        -   1,411
Other liabilities and accrued dividends (7)                      5,047        +      75        +   1,635
      Total liabilities                           (1,067)      813,687        -  10,107        +  30,032
                          
Capital Accounts
Capital paid in                                                 15,016        +      19        +   1,609
Surplus                                                         12,901                0        +   1,301
Other capital accounts                                           2,077        -     163        +     100
      Total capital                                             29,995        -     144        +   3,012


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,     August 9, 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              72       59,574   +     167            0           0       17,500       27,860
16 days to 90 days         289      168,826   -     805            0           0            0            0
91 days to 1 year            0      176,794   +     640            0           0     ------      ------
Over 1 to 5 years     ------        218,570   +       4            0           0     ------      ------
Over 5 to 10 years    ------         61,355   +       3            0           0     ------      ------
Over 10 years         ------         79,710   +       6            0           0     ------      ------
                   		 	
All                        360      764,828   +      13            0           0       17,500      27,860

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     August 9, 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                                             764         27         39         34         73         71        105         92         39         29         58         80        118
Securities, repurchase agreements,
      and loans                              782,689     36,496    300,584     33,206     33,025     63,536     64,043     70,312     24,360     15,670     22,435     34,331     84,690
   Securities held outright                  764,828     36,496    283,084     33,206     33,025     63,534     64,029     70,226     24,300     15,548     22,396     34,325     84,659
      U.S. Treasury (1)                      764,828     36,496    283,084     33,206     33,025     63,534     64,029     70,226     24,300     15,548     22,396     34,325     84,659
         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)                  487,810     23,277    180,552     21,179     21,063     40,522     40,838     44,791     15,499      9,917     14,284     21,892     53,996
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                17,500          0     17,500          0          0          0          0          0          0          0          0          0          0
      Loans                                      360          0          0          0          0          2         14         85         60        122         40          6         31
Items in process of collection                 6,330        252        423        419        707        345        601        236        151        259      1,379        409      1,149
Bank premises                                  1,867        113        206         57        157        156        230        208         71        117        122        258        172
Other assets(5)                               39,862      1,284     14,404      1,885      2,336      7,068      2,849      2,856        797        733        758      1,007      3,884
Interdistrict settlement account                   0    -   835    + 3,551    + 1,171    -   969    + 1,466    + 4,443    - 8,891    -   676    -   183    +   693    - 1,375    + 1,606
          Total Assets                       844,748     37,938    324,220     37,317     35,879     73,641     73,461     65,971     25,141     16,866     25,836     35,383     93,095

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     August 9, 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             931,061     38,128    348,518     39,577     37,023     73,293     93,033     73,630     27,122     17,246     27,295     50,011    106,184
  Less: notes held by F.R. Banks              172,338      3,684     50,220      7,473      6,227     13,408     27,012     14,040      3,985      2,253      3,848     17,691     22,495
    Federal Reserve notes, net                758,723     34,444    298,298     32,103     30,796     59,885     66,021     59,589     23,137     14,993     23,446     32,320     83,689
Reverse repurchase agreements (1)              27,860      1,329     10,312      1,210      1,203      2,314      2,332      2,558        885        566        816      1,250      3,084
Deposits                                       17,314        728      5,791        574        841      2,321      1,740      1,298        454        303        569        721      1,975
  Depository institutions                      14,051        724      2,658        571        838      2,217      1,738      1,294        452        302        567        720      1,970
  U.S. Treasury, general account                2,907          0      2,907          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 88          1         60          2          3         11          3          3          0          1          1          0          4
  Other                                           268          2        167          0          0         94          0          2          1          0          1          0          0
Deferred availability cash items                5,810        388        498        428        539        544        731        293        149        370        467        395      1,009
Other liabilities and accrued                 
  dividends (2)                                 5,047        250      1,698        235        244        487        433        459        186        132        173        240        510
   
    Total liabilities                         814,754     37,140    316,596     34,550     33,623     65,552     71,258     64,198     24,811     16,365     25,470     34,927     90,266
                              
Capital                    
Capital paid in                                15,016        382      3,676      1,745      1,121      4,015      1,073        841        155        243        174        213      1,378
Surplus                                        12,901        317      3,685        744      1,013      3,307        892        876        144        245        175        153      1,349
Other capital                                   2,077         99        262        279        121        767        238         56         31         13         18         90        103
     Total liabilities and capital            844,748     37,938    324,220     37,317     35,879     73,641     73,461     65,971     25,141     16,866     25,836     35,383     93,095
                              

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
                                           Aug 9, 2006
              
Federal Reserve notes outstanding             931,061
   Less: Notes held by F.R. Banks
         not subject to collateralization     172,338
      Federal Reserve Notes to be
         collateralized                       758,723 
Collateral held against Federal Reserve            
   notes                                      758,723
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              745,486
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         782,328
   Less:face value of securities under
         reverse repurchase agreements         27,902
      U.S. Treasury and agency securities
             eligible to be pledged           754,427
   

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.