FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                          November 17, 2005
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           Nov 16, 2005  Nov 9, 2005 Nov 17, 2004 Nov 16, 2005
Federal Reserve Banks

Reserve Bank Credit                                         808,873    +   9,549    +  30,292      803,830
 Securities held outright                                   742,075    +   1,039    +  32,807      742,878       
    U.S. Treasury (1)                                       742,075    +   1,039    +  32,807      742,878
       Bills (2)                                            271,018    +     199    +  11,286      271,018
       Notes and bonds, nominal (2)                         447,906    +     771    +  16,236      448,688
       Notes and bonds, inflation-indexed (2)                19,983            0    +   4,300       19,983
       Inflation compensation (3)                             3,168    +      70    +     986        3,188
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    25,607    +   7,750    -   1,500       20,000
 Loans to depository institutions                               152    +      33    -     359          107
    Primary credit                                               46    +      43    -     385            7
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             106    -      10    +      26          100
 Float                                                        1,697    +   1,462    +     946        3,962
 Other Federal Reserve assets                                39,343    -     735    -   1,600       36,883
Gold stock                                                   11,041            0    -       2       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            36,513    +      14    +     114       36,513
       
Total factors supplying reserve funds                       858,627    +   9,563    +  30,403      853,583
                                                                   
Currency in circulation(5)                                  776,271    +   5,351    +  27,809      776,870
Reverse repurchase agreements (6)                            25,557    +     598    -   1,792       25,318
   Foreign official and international accounts               25,557    +     598    -   1,792       25,318
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          219    -       6    -      81          211
Deposits with F.R.Banks, other than reserve balances         13,713    -     424    -   1,496       13,599       
  U.S. Treasury, general account                              4,522    -     480    -     302        4,416
  Foreign official                                               88    +       3    -       5           81
  Service-related                                             8,841    +      60    -   1,121        8,841
     Required clearing balances                               8,825    +      44    -   1,137        8,825
     Adjustments to compensate for float                         16    +      16    +      16           16
  Other                                                         262    -       8    -      69          261
Other liabilities and capital                                31,741    +     167    +   7,199       31,550

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  847,502    +   5,686    +  31,640      847,547

Reserve balances with Federal Reserve Banks                  11,125    +   3,877    -   1,237        6,036
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,488,059    +  10,246    + 174,350    1,495,310
     U.S. Treasury                                        1,090,845    +   6,911    +  28,572    1,096,777
     Federal agency                                         397,214    +   3,335    + 145,778      398,533
  Securities lent to dealers                                  2,989    -   1,354    +     963        3,801   


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 Nov 16, 2005      Nov 9, 2005     Nov 17, 2004

Assets
Gold certificate account                                        11,036                0        -       3
Special drawing rights certificate account                       2,200                0                0
Coin                                                               728        -       2        -      28
Securities, repurchase agreements, and loans                   762,985        -   3,363        +  28,769
   Securities held outright                                    742,878        +   1,161        +  32,744
      U.S. Treasury (1)                                        742,878        +   1,161        +  32,744       
         Bills (2)                                             271,018                0        +  11,279
         Notes and bonds, nominal (2)                          448,688        +   1,096        +  16,162
         Notes and bonds, inflation-indexed (2)                 19,983                0        +   4,300
         Inflation compensation (3)                              3,188        +      66        +   1,002
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    20,000        -   4,500        -   4,000    
   Loans                                                           107        -      24        +      25
Items in process of collection                    (1,189)       11,969        +   4,862        +   3,741
Bank premises                                                    1,841        -       1        +      94
Other assets (5)                                                35,126        -   3,162        -   2,197
      Total assets                                (1,189)      825,885        -   1,667        +  30,376
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  741,291        +   1,681        +  27,755
Reverse repurchase agreements (6)                               25,318        +     297        -   2,411
Deposits                                              (0)       19,718        -   5,459        -   2,347       
  Depository institutions                                       14,961        -   4,482        -   1,864
  U.S. Treasury, general account                                 4,416        -     972        -     435
  Foreign official                                                  81        -       2        -       4
  Other                                               (0)          261        -       3        -      43
Deferred availability cash items                  (1,189)        8,008        +   1,610        +     736
Other liabilities and accrued dividends (7)                      4,149        +      52        +   1,223
      Total liabilities                           (1,189)      798,484        -   1,820        +  24,955
                          
Capital Accounts
Capital paid in                                                 13,458        +      12        +   1,912
Surplus                                                         11,630        +       5        +   2,783
Other capital accounts                                           2,314        +     137        +     726
      Total capital                                             27,402        +     154        +   5,421


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,  November 16, 2005
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             105       56,097   +  15,131            0           0       20,000       25,318
16 days to 90 days           2      152,030   -  23,558            0           0            0            0
91 days to 1 year            0      191,259   +   8,318            0           0     ------      ------
Over 1 to 5 years     ------        209,687   -     990            0           0     ------      ------
Over 5 to 10 years    ------         53,440   +      11            0           0     ------      ------
Over 10 years         ------         80,365   +   2,248            0           0     ------      ------
                   		 	
All                        107      742,878   +   1,161            0           0       20,000      25,318

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  November 16, 2005
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                      11,036        510      4,354        432        453        836        945        928        327        212        318        549      1,172
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             728         29         54         49         54         63        100         76         36         22         61         72        112
Securities, repurchase agreements,
      and loans                              762,985     38,008    314,577     26,356     31,383     56,694     57,476     66,932     23,072     15,541     21,029     36,591     75,326
   Securities held outright                  742,878     38,008    294,577     26,353     31,383     56,694     57,473     66,900     23,052     15,516     21,012     36,588     75,323
      U.S. Treasury (1)                      742,878     38,008    294,577     26,353     31,383     56,694     57,473     66,900     23,052     15,516     21,012     36,588     75,323
         Bills (2)                           271,018     13,866    107,468      9,614     11,449     20,683     20,967     24,406      8,410      5,660      7,666     13,348     27,480
         Notes and bonds(3)                  471,860     24,142    187,109     16,739     19,934     36,011     36,506     42,493     14,642      9,855     13,346     23,240     47,844
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                20,000          0     20,000          0          0          0          0          0          0          0          0          0          0
      Loans                                      107          0          0          3          0          0          3         32         20         26         18          3          3
Items in process of collection                13,158        526        641        841        843        772      3,704        778        527        480      1,132        570      2,345
Bank premises                                  1,841        108        204         53        157        143        271        209         69        120         80        262        164
Other assets(5)                               35,126      3,057     13,318        962      2,322      4,564      1,907      2,399        938        702        628        896      3,433
Interdistrict settlement account                   0    - 3,394    -20,397    + 6,168    +   427    + 4,566    +   759    + 1,047    -   160    -   383    +   189    - 3,875    +15,051
          Total Assets                       827,074     38,960    313,625     34,945     35,744     67,785     65,328     72,580     24,879     16,724     23,504     35,163     97,838

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  November 16, 2005
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             898,033     38,977    329,738     37,460     36,485     68,856     80,846     76,990     26,398     17,305     26,230     48,954    109,795
  Less: notes held by F.R. Banks              156,742      4,519     44,963      6,106      5,527     12,841     22,577     10,494      3,545      2,685      5,336     16,989     21,160
    Federal Reserve notes, net                741,291     34,458    284,775     31,354     30,958     56,015     58,269     66,495     22,853     14,620     20,894     31,965     88,635
Reverse repurchase agreements (1)              25,318      1,295     10,040        898      1,070      1,932      1,959      2,280        786        529        716      1,247      2,567
Deposits                                       19,718        602      8,877        529        838      1,713      1,839      1,250        480        297        594        687      2,013
  Depository institutions                      14,961        587      4,248        528        833      1,622      1,837      1,247        476        296        592        686      2,009
  U.S. Treasury, general account                4,416          0      4,416          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 81          5         53          1          4          7          2          3          1          1          1          0          4
  Other                                           261         10        161          0          1         84          0          0          3          0          1          0          0
Deferred availability cash items                9,197        717        989        657        590        743      1,143        393        207        657        815        733      1,550
Other liabilities and accrued                 
  dividends (2)                                 4,149        213      1,431        167        212        438        332        373        149        116        129        207        382
   
    Total liabilities                         799,673     37,285    306,112     33,606     33,667     60,841     63,542     70,792     24,475     16,219     23,149     34,839     95,147
                              
Capital                    
Capital paid in                                13,458        317      3,661        746      1,010      3,940        873        874        143        245        172        149      1,328
Surplus                                        11,630      1,353      3,430        294      1,065      2,148        516        763        236        254        153        135      1,283
Other capital                                   2,314          5        423        299          2        855        397        151         26          6         30         40         80
     Total liabilities and capital            827,074     38,960    313,625     34,945     35,744     67,785     65,328     72,580     24,879     16,724     23,504     35,163     97,838
                              

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
                                          Nov 16, 2005
              
Federal Reserve notes outstanding             898,033
   Less: Notes held by F.R. Banks
         not subject to collateralization     156,742
      Federal Reserve Notes to be
         collateralized                       741,291 
Collateral held against Federal Reserve            
   notes                                      741,291
   Gold certificate account                    11,036
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              728,054
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         762,878
   Less:face value of securities under
         reverse repurchase agreements         25,461
      U.S. Treasury and agency securities
             eligible to be pledged           737,417
   

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.