Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 820,179 - 3,555 + 33,470 827,480

Securities held outright 758,896 + 325 + 40,955 759,683

U.S. Treasury1 758,896 + 325 + 40,955 759,683

Bills2 275,370 0 + 12,365 275,370

Notes and bonds, nominal2 457,490 + 313 + 24,090 458,273

Notes and bonds, inflation-indexed2 22,646 0 + 3,538 22,646

Inflation compensation3 3,390 + 12 + 962 3,394

Federal agency2 0 0 0 0

Repurchase agreements4 21,536 - 4,785 - 5,785 26,750

Loans to depository institutions 119 + 32 + 17 105

Primary credit 29 + 26 + 22 1

Secondary credit 0 0 0 0

Seasonal credit 90 + 6 - 6 105

Float -879 + 365 - 560 93

Other Federal Reserve assets 40,507 + 508 - 1,155 40,848

Gold stock 11,043 0 + 2 11,043

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

Treasury currency outstanding5 36,707 + 14 + 162 36,707

Total factors supplying reserve funds 870,129 - 3,542 + 33,634 877,430

Currency in circulation5 789,437 - 499 + 36,817 790,883

Reverse repurchase agreements6 24,053 - 1,357 - 1,441 22,910

Foreign official and international accounts 24,053 - 1,357 - 1,441 22,910

Dealers 0 0 0 0

Treasury cash holdings 199 - 9 - 61 182

Deposits with F.R. Banks, other than reserve balances 12,934 - 64 - 1,471 13,586

U.S. Treasury, general account 4,953 - 46 - 633 5,610

Foreign official 85 + 2 - 10 85

Service-related 7,611 + 2 - 813 7,611

Required clearing balances 7,611 + 2 - 813 7,611

Adjustments to compensate for float 0 0 0 0

Other 284 - 24 - 16 280

Other liabilities and capital 33,488 + 467 + 4,620 33,189

Total factors, other than reserve balances,

absorbing reserve funds 860,111 - 1,463 + 38,463 860,750

Reserve balances with Federal Reserve Banks 10,018 - 2,079 - 4,829 16,680

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,603,645 - 1,059 + 212,828 1,610,446

U.S. Treasury 1,117,558 - 12,772 + 41,299 1,117,715

Federal agency 486,088 + 11,714 + 171,530 492,732

Securities lent to dealers 487 - 250 - 1,108 443

FEDERAL RESERVE statistical release

 April 27, 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

 Apr 26, 2006 Week ended

 Apr 26, 2006 Apr 19, 2006 Apr 27, 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 11,039 0 + 2

Special drawing rights certificate account 2,200 0 0

Coin 805 + 4 + 95

Securities, repurchase agreements, and loans 786,539 + 6,626 + 37,046

Securities held outright 759,683 + 1,108 + 41,045

U.S. Treasury1 759,683 + 1,108 + 41,045

Bills2 275,370 0 + 12,365

Notes and bonds, nominal2 458,273 + 1,096 + 24,188

Notes and bonds, inflation-indexed2 22,646 0 + 3,538

Inflation compensation3 3,394 + 12 + 955

Federal agency2 0 0 0

Repurchase agreements4 26,750 + 5,500 - 4,000

Loans 105 + 17 0

Items in process of collection (1,454) 6,285 + 869 - 364

Bank premises 1,833 0 + 24

Other assets5 39,010 + 741 - 747

Total assets (1,454) 847,711 + 8,240 + 36,055

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 755,158 - 118 + 36,342

Reverse repurchase agreements6 22,910 - 1,819 - 2,158

Deposits (0) 30,259 + 10,065 - 1,393

Depository institutions 24,284 + 9,701 - 631

U.S. Treasury, general account 5,610 + 365 - 746

Foreign official 85 0 - 3

Other (0) 280 - 1 - 14

Deferred availability cash items (1,454) 6,194 - 115 - 1,406

Other liabilities and accrued dividends7 4,650 + 56 + 1,318

Total liabilities (1,454) 819,172 + 8,071 + 32,704

Capital accounts

Capital paid in 13,816 + 65 + 1,074

Surplus 12,901 0 + 1,544

Other capital accounts 1,822 + 105 + 733

Total capital 28,538 + 168 + 3,350

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Apr 27, 2005

Eliminations from

consolidation Wednesday

 Apr 26, 2006

Wednesday

 Apr 19, 2006

3. Maturity Distribution of Loans and Securities, April 26, 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 97 63,186 + 2,271 0 0 26,750 22,910

16 days to 90 days 9 166,349 - 1,101 0 0 0 0

91 days to 1 year 0 177,830 - 1,168 0 0 . . . . . . 

Over 1 year to 5 years . . . 216,926 + 1,099 0 0 . . . . . . 

Over 5 years to 10 years . . . 55,384 + 2 0 0 . . . . . . 

Over 10 years . . . 80,009 + 6 0 0 . . . . . . 

All 105 759,683 + 1,108 0 0 26,750 22,910

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on April 26, 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.

 11,039 2,200 805 786,539 759,683 759,683 275,370 484,314 0 26,750 105 7,739 1,833 39,010 0 849,165

Assets, liabilities, and capital

 4,141 874 66 307,930 281,180 281,180 101,922 179,258 0 26,750 0 407 206 14,121 - 2,845 324,900

 486 115 41 36,263 36,251 36,251 13,140 23,111 0 0 12 506 113 1,258 - 1,426 37,357

 463 83 45 32,982 32,982 32,982 11,955 21,027 0 0 0 315 55 1,845 + 654 36,442

 446 104 67 32,803 32,803 32,803 11,890 20,913 0 0 0 590 157 2,284 - 588 35,864

 853 147 69 63,107 63,107 63,107 22,875 40,232 0 0 0 375 153 6,916 + 5,704 77,324

 1,023 166 85 63,598 63,598 63,598 23,053 40,545 0 0 0 2,215 232 2,760 + 1,479 71,557

 947 212 96 69,804 69,754 69,754 25,284 44,470 0 0 50 325 208 2,792 - 5,604 68,780

 328 71 43 24,146 24,136 24,136 8,749 15,387 0 0 10 334 70 782 - 384 25,390

 2   15,4 15,4 15,4 5,5 9,8    2 1 7 - 1 16,7
 916,483

 161,325 755,158 755,158 11,039 2,200 741,919 0 786,433 22,937 763,496

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.

 916,483 161,325 755,158 22,910 30,259 24,284 5,610 85 280 7,648 4,650 820,626 13,816 12,901 1,822 849,165

 38,526 4,623 33,903 1,093 938 937 0 1 0 507 231 36,673 324 317 43 37,357

 335,177 43,304 291,873 8,480 14,541 8,700 5,610 56 175 779 1,539 317,212 3,670 3,685 333 324,900

 39,447 6,988 32,458 995 609 606 0 2 0 651 215 34,928 727 744 43 36,442

 36,927 6,172 30,755 989 988 984 0 3 1 828 231 33,791 1,009 1,013 51 35,864

 73,711 12,764 60,947 1,903 5,313 5,203 0 11 99 587 492 69,242 4,006 3,307 768 77,324

 87,016 22,963 64,053 1,918 2,079 2,076 0 3 0 934 398 69,381 1,052 892 233 71,557

 75,595 13,283 62,312 2,104 1,754 1,751 0 3 0 321 421 66,911 896 876 97 68,780

 27,631 4,140 23,491 728 533 532 0 0 0 157 168 25,077 148 144 20 25,390

 17,5 2,5 15,0 4 2 2    3 1 16,2 2 2  16,7

H.4.14. Statement of Condition of Each Federal Reserve Bank on April 26, 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

 Apr 26, 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.