FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks August 17, 2017

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Aug 16, 2017 Aug 9, 2017 Aug 17, 2016

Wednesday

Aug 16, 2017

Reserve Bank credit 4,429,877 + 1,432 - 8,370 4,423,240

Securities held outright1 4,246,347 + 4,010 + 4,305 4,251,319

U.S. Treasury securities 2,465,238 + 26 + 2,168 2,465,247

Bills2 0 0 0 0

Notes and bonds, nominal2 2,337,565 0 - 4,697 2,337,565

Notes and bonds, inflation-indexed2 108,973 0 + 5,377 108,973

Inflation compensation3 18,699 + 26 + 1,486 18,709

Federal agency debt securities2 8,097 0 - 14,395 8,097

Mortgage-backed securities4 1,773,013 + 3,984 + 16,534 1,777,975

Unamortized premiums on securities held outright5 164,441 - 141 - 14,881 164,467

Unamortized discounts on securities held outright5 -14,592 + 11 + 1,091 -14,628

Repurchase agreements6 0 0 0 0

Loans 229 + 25 + 21 213

Primary credit 18 + 16 + 15 2

Secondary credit 0 0 0 0

Seasonal credit 211 + 9 + 6 211

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,710 0 + 3 1,708

Float -331 - 54 + 67 -269

Central bank liquidity swaps8 36 0 - 69 36

Other Federal Reserve assets9 32,036 - 2,420 + 1,092 20,394

Foreign currency denominated assets10 21,372 + 75 - 132 21,204

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 5,200 0 0 5,200

Treasury currency outstanding11 49,070 + 14 + 838 49,070

Total factors supplying reserve funds 4,516,561 + 1,521 - 7,663 4,509,755

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

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

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Aug 16, 2017 Aug 9, 2017 Aug 17, 2016

Wednesday

Aug 16, 2017

Currency in circulation11 1,565,711 + 370 + 101,304 1,566,526

Reverse repurchase agreements12 328,519 - 9,191 + 25,175 337,323

Foreign official and international accounts 240,551 + 99 - 4,698 244,483

Others 87,968 - 9,289 + 29,873 92,840

Treasury cash holdings 167 - 4 + 54 176

Deposits with F.R. Banks, other than reserve balances 236,888 + 5,236 - 142,450 192,776

Term deposits held by depository institutions 14,733 + 14,733 - 43,861 14,733

U.S. Treasury, General Account 130,954 - 18,908 - 129,856 96,029

Foreign official 5,168 - 1 - 20 5,165

Other13 86,033 + 9,412 + 31,288 76,849

Other liabilities and capital14 48,888 + 1,016 + 410 47,982

Total factors, other than reserve balances,

absorbing reserve funds 2,180,173 - 2,574 - 15,507 2,144,783

Reserve balances with Federal Reserve Banks 2,336,388 + 4,095 + 7,844 2,364,971

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

1. Includes securities lent to dealers under the overnight securities lending facility; 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. The current face value shown is the remaining principal balance of

the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest

basis.

6. Cash value of agreements.

7. Refer to table 4 and the note on consolidation accompanying table 6.

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.

9. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. Also, includes Reserve

Bank premises and equipment net of allowances for depreciation.

10. Revalued daily at current foreign currency exchange rates.

11. Estimated.

12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

13. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated

financial market utilities. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve

Banks as fiscal agents of the United States.

14. Includes the liability for earnings remittances due to the U.S. Treasury.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Memorandum item Week ended Change from week ended

Aug 16, 2017 Aug 9, 2017 Aug 17, 2016

Wednesday

Aug 16, 2017

Securities held in custody for foreign official and international

accounts 3,332,639 - 3,517 + 129,266 3,333,673

Marketable U.S. Treasury securities1 3,009,333 - 2,641 + 131,956 3,012,167

Federal agency debt and mortgage-backed securities2 261,574 - 841 - 5,231 260,161

Other securities3 61,731 - 36 + 2,540 61,345

Securities lent to dealers 21,760 - 1,194 + 243 21,972

Overnight facility4 21,760 - 1,194 + 243 21,972

U.S. Treasury securities 21,760 - 1,194 + 253 21,972

Federal agency debt securities 0 0 - 10 0

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

1. Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral

to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.

2. Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the

securities.

3. Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value.

4. Face value. Fully collateralized by U.S. Treasury securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, August 16, 2017

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans 72 141 0 0 0 ... 213

U.S. Treasury securities1

Holdings 3,197 19,648 321,357 1,163,475 312,184 645,386 2,465,247

Weekly changes - 15,458 - 3,197 + 23,070 + 33,511 - 49,350 + 11,449 + 26

Federal agency debt securities2

Holdings 1,340 0 4,348 62 0 2,347 8,097

Weekly changes 0 0 0 0 0 0 0

Mortgage-backed securities3

Holdings 0 0 0 808 13,355 1,763,811 1,777,975

Weekly changes 0 0 0 + 16 + 304 + 8,626 + 8,946

Repurchase agreements4 0 0 ... ... ... ... 0

Central bank liquidity swaps5 36 0 0 0 0 0 36

Reverse repurchase agreements4 337,323 0 ... ... ... ... 337,323

Term deposits 14,733 0 0 ... ... ... 14,733

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

...Not applicable.

1. 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.

2. Face value.

3. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

4. Cash value of agreements.

5. 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.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday Account name Aug 16, 2017

Mortgage-backed securities held outright1 1,777,975

Commitments to buy mortgage-backed securities2 20,273

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 0

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

2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls, and coupon swaps.

3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5 and table 6.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday Account name Aug 16, 2017

Net portfolio holdings of Maiden Lane LLC1 1,708

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 0

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, 2017. 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 6.

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 5 and table 6.

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. The remaining outstanding balances of the senior loan

from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were repaid in full, with interest.
H.4.1

5. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Aug 16, 2017 Aug 9, 2017 Aug 17, 2016

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,847 - 4 - 83

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,401,371 + 8,906 - 1,586

Securities held outright1 4,251,319 + 8,972 + 12,026

U.S. Treasury securities 2,465,247 + 26 + 1,800

Bills2 0 0 0

Notes and bonds, nominal2 2,337,565 0 - 5,039

Notes and bonds, inflation-indexed2 108,973 0 + 5,377

Inflation compensation3 18,709 + 26 + 1,462

Federal agency debt securities2 8,097 0 - 14,395

Mortgage-backed securities4 1,777,975 + 8,946 + 24,621

Unamortized premiums on securities held outright5 164,467 - 36 - 14,663

Unamortized discounts on securities held outright5 -14,628 - 35 + 1,049

Repurchase agreements6 0 0 0

Loans 213 + 5 + 1

Net portfolio holdings of Maiden Lane LLC7 1,708 - 2 + 1

Items in process of collection (0) 73 + 8 - 148

Bank premises 2,196 0 - 15

Central bank liquidity swaps8 36 0 - 69

Foreign currency denominated assets9 21,204 - 107 - 423

Other assets10 18,198 - 15,014 - 1,283

Total assets (0) 4,462,871 - 6,212 - 3,605

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

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

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Aug 16, 2017 Aug 9, 2017 Aug 17, 2016

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,519,475 - 576 + 100,876

Reverse repurchase agreements11 337,323 - 5,946 + 13,630

Deposits (0) 2,557,748 - 322 - 118,893

Term deposits held by depository institutions 14,733 + 14,733 - 43,861

Other deposits held by depository institutions 2,364,972 + 28,657 + 29,099

U.S. Treasury, General Account 96,029 - 43,524 - 145,397

Foreign official 5,165 0 - 100

Other12 (0) 76,849 - 188 + 41,366

Deferred availability cash items (0) 343 - 132 - 179

Other liabilities and accrued dividends13 7,009 + 667 + 127

Total liabilities (0) 4,421,897 - 6,310 - 4,440

Capital accounts

Capital paid in 30,974 + 98 + 835

Surplus 10,000 0 0

Other capital accounts 0 0 0

Total capital 40,974 + 98 + 835

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

1. Includes securities lent to dealers under the overnight securities lending facility; 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. The current face value shown is the remaining principal balance of the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest

basis.

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

7. Refer to table 4 and the note on consolidation accompanying table 6.

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.

9. Revalued daily at current foreign currency exchange rates.

10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated

financial market utilities. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the

Reserve Banks as fiscal agents of the United States.

13. Includes the liability for earnings remittances due to the U.S. Treasury.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, August 16, 2017

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 11,037 349 3,592 348 553 776 1,520 737 341 191 292 916 1,422

Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574

Coin 1,847 45 53 178 132 256 202 293 29 50 114 192 305

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,401,371 85,752 2,478,257 113,636 127,630 257,867 259,074 185,139 58,735 34,419 62,434 176,196 562,233

Securities held outright1 4,251,319 82,831 2,393,883 109,767 123,284 249,087 250,248 178,805 56,690 33,145 60,294 170,193 543,090

U.S. Treasury securities 2,465,247 48,032 1,388,161 63,652 71,490 144,440 145,114 103,685 32,874 19,220 34,963 98,691 314,926

Bills2 0 0 0 0 0 0 0 0 0 0 0 0 0

Notes and bonds3 2,465,247 48,032 1,388,161 63,652 71,490 144,440 145,114 103,685 32,874 19,220 34,963 98,691 314,926

Federal agency debt securities2 8,097 158 4,559 209 235 474 477 341 108 63 115 324 1,034

Mortgage-backed securities4 1,777,975 34,642 1,001,163 45,907 51,560 104,173 104,658 74,779 23,709 13,862 25,216 71,178 227,130

Unamortized premiums on securities 

held outright5 164,467 3,204 92,610 4,246 4,769 9,636 9,681 6,917 2,193 1,282 2,333 6,584 21,010

Unamortized discounts on securities 

held outright5 -14,628 -285 -8,237 -378 -424 -857 -861 -615 -195 -114 -207 -586 -1,869

Repurchase agreements6 0 0 0 0 0 0 0 0 0 0 0 0 0

Loans 213 1 1 0 0 0 6 32 46 105 15 4 2

Net portfolio holdings of Maiden

Lane LLC7 1,708 0 1,708 0 0 0 0 0 0 0 0 0 0

Items in process of collection 73 0 0 0 0 0 73 0 0 0 0 0 0

Bank premises 2,196 119 443 72 115 199 203 199 111 88 236 220 192

Central bank liquidity swaps8 36 2 12 2 3 8 2 2 0 0 0 0 5

Foreign currency denominated

assets9 21,204 919 6,791 1,140 1,727 4,582 1,237 887 232 90 206 271 3,122

Other assets10 18,198 405 9,749 467 537 1,258 1,080 761 343 167 333 796 2,302

Interdistrict settlement account 0 - 8,595 - 34,398 - 2,683 - 4,928 - 12,428 - 392 + 38,738 - 1,170 + 1,852 + 5,845 + 2,941 + 15,218

Total assets 4,462,871 79,191 2,468,025 113,370 126,005 252,929 263,653 227,180 58,770 36,948 69,613 181,814 585,373

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, August 16, 2017 (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 1,698,901 56,669 543,338 55,458 85,632 122,019 225,820 115,199 52,415 31,425 48,443 142,342 220,141

Less: Notes held by F.R. Banks 179,427 6,317 46,965 7,131 9,865 13,799 25,310 11,912 5,566 3,075 5,442 17,264 26,780

Federal Reserve notes, net 1,519,475 50,352 496,373 48,327 75,766 108,220 200,510 103,287 46,850 28,350 43,001 125,078 193,361

Reverse repurchase agreements11 337,323 6,572 189,944 8,710 9,782 19,764 19,856 14,187 4,498 2,630 4,784 13,504 43,092

Deposits 2,557,748 20,310 1,765,047 53,832 36,873 115,547 40,401 107,592 6,804 5,361 21,264 42,421 342,295

Term deposits held by depository

institutions 14,733 26 5,680 3,000 752 0 0 1,875 0 0 700 400 2,300

Other deposits held by depository

institutions 2,364,972 20,279 1,639,365 50,830 36,118 115,276 40,392 47,980 6,801 5,361 20,562 42,019 339,988

U.S. Treasury, General Account 96,029 0 96,029 0 0 0 0 0 0 0 0 0 0

Foreign official 5,165 2 5,138 2 3 9 2 2 0 0 0 1 6

Other12 76,849 3 18,835 0 0 263 7 57,735 3 0 1 1 1

Deferred availability cash items 343 0 0 0 0 0 75 0 0 267 0 0 0

Earnings remittances due to the U.S.

Treasury13 1,097 18 654 22 22 17 89 33 19 11 18 65 129

Other liabilities and accrued

dividends 5,912 170 2,939 207 211 527 352 330 144 141 144 232 513

Total liabilities 4,421,897 77,423 2,454,957 111,097 122,655 244,075 261,283 225,430 58,316 36,761 69,211 181,300 579,389

Capital

Capital paid in 30,974 1,334 9,865 1,735 2,536 6,693 1,787 1,332 345 144 305 386 4,511

Surplus 10,000 434 3,202 538 815 2,161 583 419 109 42 97 128 1,473

Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 4,462,871 79,191 2,468,025 113,370 126,005 252,929 263,653 227,180 58,770 36,948 69,613 181,814 585,373

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, August 16, 2017 (continued)

1. Includes securities lent to dealers under the overnight securities lending facility; 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. The current face value shown is the remaining principal balance of the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury securities, Federal

agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis.

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

7. Refer to table 4 and the note on consolidation below.

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.

9. Revalued daily at current foreign currency exchange rates.

10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities. Also includes certain

deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.

13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after

providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $10 billion surplus.

Note on consolidation:

On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to acquire certain

assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of

the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual returns and could have absorbed any

residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the assets and liabilities of FRBNY in the preparation

of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was eliminated, the net assets of ML appeared as assets on the previous

page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only to the ML portfolio holdings, were included in other liabilities in this table (and table 1

and table 5).
H.4.1

7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents’ Accounts

Millions of dollars

Wednesday Federal Reserve notes and collateral Aug 16, 2017

Federal Reserve notes outstanding 1,698,901

Less: Notes held by F.R. Banks not subject to collateralization 179,427

Federal Reserve notes to be collateralized 1,519,475

Collateral held against Federal Reserve notes 1,519,475

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,503,238

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 4,251,319

Less: Face value of securities under reverse repurchase agreements 325,283

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,926,036

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 securities lending facility; refer to table 1A.