FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks April 27, 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

Apr 26, 2017 Apr 19, 2017 Apr 27, 2016

Wednesday

Apr 26, 2017

Reserve Bank credit 4,439,702 - 3,949 - 5,021 4,431,268

Securities held outright1 4,252,788 - 3,398 + 11,000 4,245,572

U.S. Treasury securities 2,464,696 + 92 + 3,291 2,464,730

Bills2 0 0 0 0

Notes and bonds, nominal2 2,339,740 + 263 - 2,552 2,339,740

Notes and bonds, inflation-indexed2 106,803 - 246 + 3,669 106,803

Inflation compensation3 18,153 + 74 + 2,174 18,187

Federal agency debt securities2 11,829 - 1,071 - 15,267 11,829

Mortgage-backed securities4 1,776,263 - 2,418 + 22,976 1,769,013

Unamortized premiums on securities held outright5 168,612 - 424 - 15,659 168,285

Unamortized discounts on securities held outright5 -14,887 + 34 + 1,288 -14,869

Repurchase agreements6 0 0 0 0

Loans 36 - 4 - 84 44

Primary credit 5 - 10 - 62 11

Secondary credit 0 0 0 0

Seasonal credit 31 + 6 - 22 32

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,708 0 - 13 1,709

Float -265 + 90 - 58 -420

Central bank liquidity swaps8 80 + 45 + 80 80

Other Federal Reserve assets9 31,632 - 291 - 1,575 30,868

Foreign currency denominated assets10 20,284 + 57 - 452 20,248

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding11 48,782 + 14 + 989 48,782

Total factors supplying reserve funds 4,525,009 - 3,877 - 4,484 4,516,539

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

Apr 26, 2017 Apr 19, 2017 Apr 27, 2016

Wednesday

Apr 26, 2017

Currency in circulation11 1,540,738 + 680 + 94,917 1,542,724

Reverse repurchase agreements12 369,905 + 48,705 + 106,877 363,073

Foreign official and international accounts 241,872 - 13,403 + 4,408 240,750

Others 128,034 + 62,109 + 102,470 122,323

Treasury cash holdings 254 - 9 + 99 258

Deposits with F.R. Banks, other than reserve balances 326,676 + 51,028 - 72,913 362,789

Term deposits held by depository institutions 0 0 0 0

U.S. Treasury, General Account 234,219 + 69,676 - 111,947 270,845

Foreign official 5,165 - 41 - 69 5,164

Other13 87,292 - 18,608 + 39,103 86,780

Other liabilities and capital14 48,396 + 20 + 1,656 47,026

Total factors, other than reserve balances,

absorbing reserve funds 2,285,969 + 100,423 + 130,634 2,315,869

Reserve balances with Federal Reserve Banks 2,239,041 - 104,299 - 135,117 2,200,670

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

Apr 26, 2017 Apr 19, 2017 Apr 27, 2016

Wednesday

Apr 26, 2017

Securities held in custody for foreign official and international

accounts 3,210,754 + 4,527 - 27,935 3,203,333

Marketable U.S. Treasury securities1 2,894,505 + 10,492 - 31,861 2,887,791

Federal agency debt and mortgage-backed securities2 254,987 - 4,844 - 8,840 254,569

Other securities3 61,261 - 1,122 + 12,765 60,973

Securities lent to dealers 19,055 - 898 + 1,295 20,423

Overnight facility4 19,055 - 898 + 1,295 20,423

U.S. Treasury securities 19,015 - 891 + 1,314 20,387

Federal agency debt securities 40 - 7 - 19 36

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, April 26, 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 43 1 0 0 0 ... 44

U.S. Treasury securities1

Holdings 14,058 46,551 200,650 1,194,564 381,211 627,696 2,464,730

Weekly changes 0 + 1 + 2 + 15 + 20 + 54 + 92

Federal agency debt securities2

Holdings 1,495 2,237 3,706 2,044 0 2,347 11,829

Weekly changes + 1,495 - 1,495 0 0 0 0 0

Mortgage-backed securities3

Holdings 0 0 0 190 11,164 1,757,660 1,769,013

Weekly changes 0 0 0 + 9 - 260 - 7,652 - 7,904

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

Central bank liquidity swaps5 80 0 0 0 0 0 80

Reverse repurchase agreements4 363,073 0 ... ... ... ... 363,073

Term deposits 0 0 0 ... ... ... 0

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 Apr 26, 2017

Mortgage-backed securities held outright1 1,769,013

Commitments to buy mortgage-backed securities2 20,737

Commitments to sell mortgage-backed securities2 156

Cash and cash equivalents3 4

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 Apr 26, 2017

Net portfolio holdings of Maiden Lane LLC1 1,709

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 March 31, 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

Apr 26, 2017 Apr 19, 2017 Apr 27, 2016

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,883 - 5 + 16

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,399,032 - 8,380 - 2,083

Securities held outright1 4,245,572 - 7,812 + 12,237

U.S. Treasury securities 2,464,730 + 92 + 3,317

Bills2 0 0 0

Notes and bonds, nominal2 2,339,740 0 - 2,552

Notes and bonds, inflation-indexed2 106,803 0 + 3,669

Inflation compensation3 18,187 + 92 + 2,200

Federal agency debt securities2 11,829 0 - 15,267

Mortgage-backed securities4 1,769,013 - 7,904 + 24,187

Unamortized premiums on securities held outright5 168,285 - 578 - 15,506

Unamortized discounts on securities held outright5 -14,869 + 40 + 1,213

Repurchase agreements6 0 0 0

Loans 44 - 29 - 26

Net portfolio holdings of Maiden Lane LLC7 1,709 + 1 - 5

Items in process of collection (0) 84 - 18 - 98

Bank premises 2,199 0 - 23

Central bank liquidity swaps8 80 + 45 + 80

Foreign currency denominated assets9 20,248 - 10 - 524

Other assets10 28,669 - 764 - 1,888

Total assets (0) 4,470,142 - 9,128 - 4,523

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

Apr 26, 2017 Apr 19, 2017 Apr 27, 2016

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,496,078 + 1,387 + 93,476

Reverse repurchase agreements11 363,073 + 920 + 95,960

Deposits (0) 2,563,460 - 11,140 - 194,527

Term deposits held by depository institutions 0 0 0

Other deposits held by depository institutions 2,200,671 - 55,999 - 152,586

U.S. Treasury, General Account 270,845 + 41,360 - 101,654

Foreign official 5,164 - 291 - 10

Other12 (0) 86,780 + 3,789 + 59,724

Deferred availability cash items (0) 504 - 49 - 338

Other liabilities and accrued dividends13 6,401 - 279 + 317

Total liabilities (0) 4,429,517 - 9,161 - 5,111

Capital accounts

Capital paid in 30,625 + 33 + 587

Surplus 10,000 0 0

Other capital accounts 0 0 0

Total capital 40,625 + 33 + 587

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, April 26, 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 1,883 50 58 172 132 292 194 289 26 53 120 188 310

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,399,032 85,722 2,477,035 113,580 127,567 257,739 258,941 185,038 58,662 34,299 62,390 176,105 561,956

Securities held outright1 4,245,572 82,719 2,390,647 109,619 123,118 248,750 249,910 178,563 56,614 33,101 60,212 169,963 542,356

U.S. Treasury securities 2,464,730 48,022 1,387,869 63,638 71,475 144,410 145,083 103,663 32,867 19,216 34,956 98,670 314,860

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

Notes and bonds3 2,464,730 48,022 1,387,869 63,638 71,475 144,410 145,083 103,663 32,867 19,216 34,956 98,670 314,860

Federal agency debt securities2 11,829 230 6,661 305 343 693 696 498 158 92 168 474 1,511

Mortgage-backed securities4 1,769,013 34,467 996,117 45,675 51,300 103,647 104,131 74,402 23,589 13,792 25,089 70,819 225,985

Unamortized premiums on securities 

held outright5 168,285 3,279 94,760 4,345 4,880 9,860 9,906 7,078 2,244 1,312 2,387 6,737 21,498

Unamortized discounts on securities 

held outright5 -14,869 -290 -8,373 -384 -431 -871 -875 -625 -198 -116 -211 -595 -1,899

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

Loans 44 13 1 0 0 0 0 22 2 2 2 0 2

Net portfolio holdings of Maiden

Lane LLC7 1,709 0 1,709 0 0 0 0 0 0 0 0 0 0

Items in process of collection 84 0 0 0 0 0 83 0 0 0 0 0 0

Bank premises 2,199 119 441 71 108 202 204 200 112 89 237 222 194

Central bank liquidity swaps8 80 3 26 4 7 17 5 3 1 0 1 1 12

Foreign currency denominated

assets9 20,248 878 6,485 1,089 1,649 4,375 1,181 847 221 86 197 259 2,981

Other assets10 28,669 607 15,614 743 837 1,865 1,704 1,212 465 248 472 1,252 3,650

Interdistrict settlement account 0 - 2,794 + 192 - 512 - 12,044 - 9,985 - 7,042 + 45,165 - 304 + 1,209 + 4,329 + 1,845 - 20,059

Total assets 4,470,142 85,130 2,506,970 115,705 119,045 255,694 257,443 233,916 59,674 36,265 68,190 181,070 551,040

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, April 26, 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 1,674,063 55,923 528,983 54,781 84,235 120,590 224,727 115,111 52,106 30,073 47,482 142,260 217,792

Less: Notes held by F.R. Banks 177,985 5,970 44,808 8,057 10,246 13,231 26,273 12,330 5,545 3,101 5,822 16,776 25,825

Federal Reserve notes, net 1,496,078 49,953 484,175 46,724 73,989 107,359 198,453 102,781 46,561 26,971 41,660 125,484 191,967

Reverse repurchase agreements11 363,073 7,074 204,443 9,374 10,529 21,273 21,372 15,270 4,841 2,831 5,149 14,535 46,381

Deposits 2,563,460 26,151 1,802,297 57,190 30,990 117,647 34,780 113,786 7,674 5,711 20,833 40,267 306,135

Term deposits held by depository

institutions 0 0 0 0 0 0 0 0 0 0 0 0 0

Other deposits held by depository

institutions 2,200,671 26,146 1,496,403 57,188 30,987 117,384 34,771 57,201 7,656 5,710 20,831 40,266 306,128

U.S. Treasury, General Account 270,845 0 270,845 0 0 0 0 0 0 0 0 0 0

Foreign official 5,164 2 5,137 2 3 9 2 2 0 0 0 1 6

Other12 86,780 3 29,912 0 0 254 7 56,583 18 0 1 0 1

Deferred availability cash items 504 0 0 0 0 0 68 0 0 436 0 0 0

Earnings remittances due to the U.S.

Treasury13 1,295 25 730 33 41 72 88 50 7 10 15 61 164

Other liabilities and accrued

dividends 5,106 173 2,308 200 201 550 328 302 137 135 134 210 429

Total liabilities 4,429,517 83,376 2,493,953 113,521 115,749 246,900 255,089 232,189 59,220 36,093 67,791 180,557 545,077

Capital

Capital paid in 30,625 1,320 9,815 1,646 2,481 6,633 1,771 1,308 345 129 303 385 4,491

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 4,470,142 85,130 2,506,970 115,705 119,045 255,694 257,443 233,916 59,674 36,265 68,190 181,070 551,040

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, April 26, 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 Apr 26, 2017

Federal Reserve notes outstanding 1,674,063

Less: Notes held by F.R. Banks not subject to collateralization 177,985

Federal Reserve notes to be collateralized 1,496,078

Collateral held against Federal Reserve notes 1,496,078

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,479,842

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 4,245,572

Less: Face value of securities under reverse repurchase agreements 337,396

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,908,176

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.