FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                              April 5, 2007
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            Apr 4, 2007 Mar 28, 2007  Apr 5, 2006  Apr 4, 2007
Federal Reserve Banks

Reserve Bank Credit                                         852,245    +     128    +  31,787      847,502
 Securities held outright                                   780,908    +      26    +  22,364      780,926       
    U.S. Treasury (1)                                       780,908    +      26    +  22,364      780,926
       Bills (2)                                            277,019            0    +   1,649      277,019
       Notes and bonds, nominal (2)                         468,553            0    +  11,376      468,553
       Notes and bonds, inflation-indexed (2)                31,776            0    +   9,130       31,776
       Inflation compensation (3)                             3,560    +      26    +     209        3,578
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    32,214    +      35    +   8,071       28,000
 Loans to depository institutions                               115    +      35    -     179           32
    Primary credit                                               87    +      35    -     148            1
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              28            0    -      31           31
 Float                                                         -767    -     214    +   1,054         -993
 Other Federal Reserve assets                                39,775    +     245    +     477       39,537
Gold stock                                                   11,041            0    -       2       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,375    +      14    +     496       38,375
       
Total factors supplying reserve funds                       903,861    +     142    +  32,281      899,118
                                                                   
Currency in circulation(5)                                  806,669    +   1,181    +  17,015      808,875
Reverse repurchase agreements (6)                            36,633    -     811    +  11,452       35,475
   Foreign official and international accounts               36,633    -     811    +  11,452       35,475
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          307    +      33    +      99          344
Deposits with F.R.Banks, other than reserve balances         12,118    -     247    -   1,192       12,412       
  U.S. Treasury, general account                              4,769    -     221    -     459        4,973
  Foreign official                                               98    -       1    +      13          131
  Service-related                                             6,988    -      52    -     743        6,988
     Required clearing balances                               6,988    -      52    -     743        6,988
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         262    +      26    -       5          319
Other liabilities and capital                                38,828    +      69    +   5,889       38,272

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  894,555    +     224    +  33,263      895,378

Reserve balances with Federal Reserve Banks                   9,306    -      82    -     982        3,741
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,892,746    +  13,002    + 298,870    1,905,596
     U.S. Treasury                                        1,220,359    +   9,541    +  92,768    1,232,518
     Federal agency                                         672,387    +   3,461    + 206,103      673,078
  Securities lent to dealers                                  1,917    +   1,336    -     242          843   


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  Apr 4, 2007     Mar 28, 2007      Apr 5, 2006

Assets
Gold certificate account                                        11,037                0        -       2
Special drawing rights certificate account                       2,200                0                0
Coin                                                               939        +      18        +     142
Securities, repurchase agreements, and loans                   808,958        -   7,961        +  31,093
   Securities held outright                                    780,926        +      36        +  22,375
      U.S. Treasury (1)                                        780,926        +      36        +  22,375       
         Bills (2)                                             277,019                0        +   1,649
         Notes and bonds, nominal (2)                          468,553                0        +  11,376
         Notes and bonds, inflation-indexed (2)                 31,776                0        +   9,130
         Inflation compensation (3)                              3,578        +      35        +     220
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    28,000        -   8,000        +   8,750    
   Loans                                                            32        +       4        -      32
Items in process of collection                      (887)        3,510        +     691        -   2,803
Bank premises                                                    1,986        +      11        +     154
Other assets (5)                                                37,555        -     256        -     167
      Total assets                                  (887)      866,185        -   7,496        +  28,417
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  771,780        +   1,542        +  17,213
Reverse repurchase agreements (6)                               35,475        -   2,168        +  11,952
Deposits                                              (0)       16,157        -   7,367        -   3,865       
  Depository institutions                                       10,733        -   7,696        -   4,190
  U.S. Treasury, general account                                 4,973        +     201        +     310
  Foreign official                                                 131        +      40        +      47
  Other                                               (0)          319        +      88        -      33
Deferred availability cash items                    (887)        4,502        +     694        -   2,357
Other liabilities and accrued dividends (7)                      5,883        +      31        +   1,270
      Total liabilities                             (887)      833,797        -   7,269        +  24,212
                          
Capital Accounts
Capital paid in                                                 15,847        +       6        +   2,081
Surplus                                                         15,361                0        +   2,460
Other capital accounts                                           1,180        -     234        -     335
      Total capital                                             32,388        -     227        +   4,205


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,      April 4, 2007
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               4       49,523   -   8,404            0           0       28,000       35,475
16 days to 90 days          28      182,042   +   7,464            0           0            0            0
91 days to 1 year            0      174,217   -     501            0           0     ------      ------
Over 1 to 5 years     ------        226,033   +   1,451            0           0     ------      ------
Over 5 to 10 years    ------         66,562   +      10            0           0     ------      ------
Over 10 years         ------         82,549   +      15            0           0     ------      ------
                   		 	
All                         32      780,926   +      36            0           0       28,000      35,475

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      April 4, 2007
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        486      4,139        463        446        853      1,023        947        328        211        324        575      1,242
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             939         40         60         63         96         89         99        107         36         43         67         91        149
Securities, repurchase agreements,
      and loans                              808,958     38,604    299,406     35,120     34,929     67,198     67,721     74,293     25,703     16,450     23,691     36,304     89,541
   Securities held outright                  780,926     37,265    289,042     33,904     33,720     64,872     65,377     71,705     24,811     15,876     22,867     35,047     86,441
      U.S. Treasury (1)                      780,926     37,265    289,042     33,904     33,720     64,872     65,377     71,705     24,811     15,876     22,867     35,047     86,441
         Bills (2)                           277,019     13,219    102,532     12,027     11,962     23,012     23,191     25,436      8,801      5,632      8,112     12,432     30,663
         Notes and bonds(3)                  503,907     24,046    186,510     21,878     21,759     41,860     42,185     46,269     16,010     10,244     14,755     22,615     55,778
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                28,000      1,336     10,364      1,216      1,209      2,326      2,344      2,571        890        569        820      1,257      3,099
      Loans                                       32          3          0          0          0          0          0         17          2          5          4          0          1
Items in process of collection                 4,397        173         70        680        499        335        266        412        197        277        352        298        837
Bank premises                                  1,986        117        211         57        156        171        231        207         84        115        189        260        188
Other assets(5)                               37,555      1,279     11,771      3,149      2,192      6,977      3,088      2,562        751        710        702        999      3,374
Interdistrict settlement account                   0    - 3,092    - 9,553    - 1,227    - 5,053    +   827    +14,268    - 4,684    +   899    -   843    + 3,908    + 1,788    + 2,763
          Total Assets                       867,072     37,721    306,978     38,387     33,369     76,596     86,862     74,056     28,070     16,993     29,299     40,413     98,328

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      April 4, 2007
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             964,795     38,608    339,859     38,071     35,966     75,747    107,398     81,544     29,332     17,337     30,720     57,146    113,067
  Less: notes held by F.R. Banks              193,016      4,455     64,099      6,645      7,953     12,943     28,466     14,347      3,496      2,412      3,936     20,255     24,009
    Federal Reserve notes, net                771,780     34,153    275,760     31,426     28,014     62,804     78,932     67,198     25,836     14,924     26,784     36,891     89,058
Reverse repurchase agreements (1)              35,475      1,693     13,130      1,540      1,532      2,947      2,970      3,257      1,127        721      1,039      1,592      3,927
Deposits                                       16,157        497      7,424        415        914      1,657      1,209        981        323        267        424        682      1,363
  Depository institutions                      10,733        495      2,155        410        911      1,538      1,206        979        311        266        422        681      1,360
  U.S. Treasury, general account                4,973          0      4,973          0          0          0          0          0          0          0          0          0          0
  Foreign official                                131          1        101          5          3         11          3          2          0          1          0          1          3
  Other                                           319          1        196          0          0        109          0          0         11          0          1          0          0
Deferred availability cash items                5,389        289        113      1,091        461        396        540        320        202        285        488        388        818
Other liabilities and accrued                 
  dividends (2)                                 5,883        267      1,875        281        288        705        547        514        219        153        189        281        563
   
    Total liabilities                         834,684     36,900    298,302     34,753     31,207     68,509     84,198     72,270     27,708     16,350     28,922     39,834     95,729
                              
Capital                    
Capital paid in                                15,847        396      4,220      1,810      1,060      3,972      1,316        863        169        316        179        276      1,270
Surplus                                        15,361        396      3,760      1,810      1,087      4,095      1,276        859        166        276        176        212      1,247
Other capital                                   1,180         28        695         14         16         21         71         64         26         51         22         90         82
     Total liabilities and capital            867,072     37,721    306,978     38,387     33,369     76,596     86,862     74,056     28,070     16,993     29,299     40,413     98,328
                              

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
                                           Apr 4, 2007
              
Federal Reserve notes outstanding             964,795
   Less: Notes held by F.R. Banks
         not subject to collateralization     193,016
      Federal Reserve Notes to be
         collateralized                       771,780 
Collateral held against Federal Reserve            
   notes                                      771,780
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              758,543
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         808,926
   Less:face value of securities under
         reverse repurchase agreements         35,538
      U.S. Treasury and agency securities
             eligible to be pledged           773,388
   

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.