Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 824,729 - 1,142 + 36,187 829,080

Securities held outright 766,330 + 52 + 40,321 766,349

U.S. Treasury1 766,330 + 52 + 40,321 766,349

Bills2 275,370 0 + 10,355 275,370

Notes and bonds, nominal2 464,580 0 + 25,902 464,580

Notes and bonds, inflation-indexed2 22,646 0 + 3,113 22,646

Inflation compensation3 3,734 + 52 + 952 3,753

Federal agency2 0 0 0 0

Repurchase agreements4 18,429 - 142 - 4,678 22,500

Loans to depository institutions 293 + 25 + 78 300

Primary credit 16 0 - 3 11

Secondary credit 0 0 0 0

Seasonal credit 277 + 25 + 81 289

Float -622 - 1,439 + 192 -481

Other Federal Reserve assets 40,300 + 364 + 275 40,411

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 2,200 0 0 2,200

Treasury currency outstanding5 38,048 + 14 + 1,447 38,048

Total factors supplying reserve funds 876,018 - 1,127 + 37,634 880,369

Currency in circulation5 792,937 - 156 + 33,052 795,479

Reverse repurchase agreements6 27,042 + 523 + 2,731 30,400

Foreign official and international accounts 27,042 + 523 + 2,731 30,400

Dealers 0 0 0 0

Treasury cash holdings 193 - 11 - 51 174

Deposits with F.R. Banks, other than reserve balances 12,412 - 247 - 961 12,366

U.S. Treasury, general account 4,924 - 83 + 198 4,879

Foreign official 87 - 6 - 16 90

Service-related 7,166 - 151 - 1,113 7,166

Required clearing balances 7,166 - 151 - 1,113 7,166

Adjustments to compensate for float 0 0 0 0

Other 235 - 7 - 30 231

Other liabilities and capital 35,078 + 137 + 5,365 34,641

Total factors, other than reserve balances,

absorbing reserve funds 867,662 + 247 + 40,136 873,060

Reserve balances with Federal Reserve Banks 8,356 - 1,374 - 2,503 7,309

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,638,275 + 830 + 198,056 1,639,280

U.S. Treasury 1,120,586 - 4,918 + 32,040 1,118,893

Federal agency 517,689 + 5,748 + 166,016 520,387

Securities lent to dealers 2,340 + 467 - 1,103 3,869

FEDERAL RESERVE statistical release

 June 29, 2006

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

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.

Change from week ended Wednesday

 Jun 28, 2006 Week ended

 Jun 28, 2006 Jun 21, 2006 Jun 29, 2005
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. 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.

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 2,200 0 0

Coin 720 - 9 + 93

Securities, repurchase agreements, and loans 789,149 + 331 + 36,881

Securities held outright 766,349 + 52 + 40,327

U.S. Treasury1 766,349 + 52 + 40,327

Bills2 275,370 0 + 10,355

Notes and bonds, nominal2 464,580 0 + 25,902

Notes and bonds, inflation-indexed2 22,646 0 + 3,113

Inflation compensation3 3,753 + 52 + 958

Federal agency2 0 0 0

Repurchase agreements4 22,500 + 250 - 3,500

Loans 300 + 29 + 53

Items in process of collection (1,242) 4,624 - 806 - 1,235

Bank premises 1,855 + 1 + 24

Other assets5 38,314 + 164 + 73

Total assets (1,242) 847,898 - 319 + 35,834

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 758,321 + 1,386 + 30,681

Reverse repurchase agreements6 30,400 + 4,723 + 6,163

Deposits (0) 19,439 - 5,921 - 5,196

Depository institutions 14,239 - 5,412 - 5,888

U.S. Treasury, general account 4,879 - 506 + 706

Foreign official 90 + 3 + 7

Other (0) 231 - 7 - 21

Deferred availability cash items (1,242) 5,097 - 335 - 1,065

Other liabilities and accrued dividends7 5,179 + 77 + 1,560

Total liabilities (1,242) 818,436 - 72 + 32,144

Capital accounts

Capital paid in 14,968 + 2 + 2,032

Surplus 12,901 0 + 1,445

Other capital accounts 1,593 - 250 + 214

Total capital 29,462 - 248 + 3,691

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Jun 29, 2005

Eliminations from

consolidation Wednesday

 Jun 28, 2006

Wednesday

 Jun 21, 2006

3. Maturity Distribution of Loans and Securities, June 28, 2006

Millions of dollars

 Federal agency

securities

Weekly

changes Holdings

 U.S. Treasury

securities1

Holdings Weekly

changes

Loans Repurchase

agreements2

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.

Reverse

repurchase

agreements2

Within 15 days 276 61,309 - 1,911 0 0 22,500 30,400

16 days to 90 days 25 172,967 + 1,923 0 0 0 0

91 days to 1 year 0 177,003 - 9 0 0 . . . . . . 

Over 1 year to 5 years . . . 215,982 + 16 0 0 . . . . . . 

Over 5 years to 10 years . . . 60,712 + 8 0 0 . . . . . . 

Over 10 years . . . 78,375 + 23 0 0 . . . . . . 

All 300 766,349 + 52 0 0 22,500 30,400

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on June 28, 2006Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

AssetsGold certificate accountSpecial drawing rights certificate acct.CoinSecurities, repurchase agreements,

and loans

Securities held outright

U.S. Treasury1

Bills2Notes and bonds3

Federal agency2

Repurchase agreements4

Loans

Items in process of collectionBank premisesOther assets5Interdistrict settlement account

Total assets

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 sec4. 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.

 11,037 2,200 720 789,149 766,349 766,349 275,370 490,979 0 22,500 300 5,866 1,855 38,314 0 849,141

Assets, liabilities, and capital

 4,139 874 40 306,148 283,647 283,647 101,922 181,725 0 22,500 1 633 207 13,878 - 621 325,297

 486 115 33 36,576 36,569 36,569 13,140 23,429 0 0 8 334 113 1,224 - 943 37,938

 463 83 33 33,272 33,272 33,272 11,955 21,316 0 0 0 310 57 1,812 + 1,599 37,628

 446 104 67 33,091 33,091 33,091 11,890 21,200 0 0 0 501 157 2,252 - 654 35,965

 853 147 65 63,661 63,661 63,661 22,875 40,786 0 0 0 393 154 6,844 + 2,572 74,689

 1,023 166 90 64,166 64,156 64,156 23,053 41,103 0 0 10 796 230 2,708 + 3,048 72,228

 947 212 77 70,468 70,366 70,366 25,284 45,082 0 0 102 304 209 2,731 - 7,556 67,391

 328 71 32 24,389 24,348 24,348 8,749 15,599 0 0 41 212 71 750 - 293 25,560

 2   15,6 15,5 15,5 5,5 9,9    2 1 7 -  16,9
 928,954

 170,633 758,321 758,321 11,037 2,200 745,084 0 788,849 30,442 758,407

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

LiabilitiesFederal Reserve notes outstanding

Less: notes held by F.R. Banks

Federal Reserve notes, net

Reverse repurchase agreements1

Deposits

Depository institutionsU.S. Treasury, general accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends2

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

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.

 928,954 170,633 758,321 30,400 19,439 14,239 4,879 90 231 6,340 5,179 819,679 14,968 12,901 1,593 849,141

 38,108 3,778 34,330 1,451 684 683 0 1 0 433 250 37,147 382 317 92 37,938

 347,723 50,793 296,930 11,252 7,235 2,123 4,879 61 172 622 1,699 317,739 3,674 3,685 199 325,297

 39,797 7,359 32,438 1,320 433 431 0 2 0 574 269 35,033 1,744 744 106 37,628

 37,095 6,339 30,756 1,313 961 957 0 3 1 621 257 33,908 1,024 1,013 20 35,965

 73,442 12,956 60,486 2,525 2,641 2,581 0 11 48 468 561 66,681 4,015 3,307 685 74,689

 90,477 25,753 64,723 2,545 1,648 1,645 0 3 0 698 436 70,050 1,069 892 216 72,228

 74,184 13,589 60,594 2,791 1,397 1,394 0 3 0 290 466 65,538 904 876 73 67,391

 27,422 4,001 23,421 966 534 527 0 0 7 133 183 25,237 155 144 24 25,560

 17,2 2,1 15,0 6 2 2    3 1 16,4 2 2  16,9

H.4.14. Statement of Condition of Each Federal Reserve Bank on June 28, 2006 (continued)Millions of dollars

Assets, liabilities, and capital

Federal Reserve notes outstanding

Less: Notes held by F.R. Banks

not subject to collateralization

Federal Reserve notes to be collateralized

Collateral held against Federal Reserve notes

Gold certificate accountSpecial drawing rights certificate accountU.S. Treasury and agency securities pledged1Other assets pledged

Memo:Total U.S. Treasury and agency securities1

Less: face value of securities under

reverse repurchase agreements

U.S. Treasury and agency securities

eligible to be pledged

5. Collateral Held against Federal Reserve Notes:Federal Reserve Agents' AccountsMillions of dollarsFederal Reserve notes and collateral Wednesday

 Jun 28, 2006

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 ofinflation-indexed securities, and cash value of repurchase agreements.