Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 858,335 - 3,367 + 11,199 867,773

Securities held outright 713,372 - 7 - 65,512 713,369

U.S. Treasury1 713,372 - 7 - 65,512 713,369

Bills2 200,360 0 - 76,659 200,360

Notes and bonds, nominal2 470,010 0 + 3,335 470,010

Notes and bonds, inflation-indexed2 38,437 0 + 6,661 38,437

Inflation compensation3 4,565 - 7 + 1,150 4,563

Federal agency2 0 0 0 0

Repurchase agreements4 18,357 - 3,322 - 8,679 28,000

Term auction credit 60,000 0 + 60,000 60,000

Other loans to depository institutions 58 - 87 + 20 39

Primary credit 57 - 87 + 43 38

Secondary credit 0 0 0 0

Seasonal credit 1 0 - 23 1

Float -1,026 + 236 - 1,109 -1,432

Other Federal Reserve assets 67,575 - 187 + 26,480 67,796

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding5 38,765 + 14 + 486 38,765

Total factors supplying reserve funds 910,341 - 3,353 + 11,685 919,779

Currency in circulation5 813,859 + 2,270 + 9,255 816,056

Reverse repurchase agreements6 36,406 - 1,149 - 8 38,590

Foreign official and international accounts 36,406 - 1,149 - 8 38,590

Dealers 0 0 0 0

Treasury cash holdings 275 - 11 + 77 270

Deposits with F.R. Banks, other than reserve balances 12,538 - 285 + 308 12,192

U.S. Treasury, general account 5,316 - 232 + 302 4,979

Foreign official 97 - 4 + 6 96

Service-related 6,812 0 - 49 6,812

Required clearing balances 6,812 0 - 49 6,812

Adjustments to compensate for float 0 0 0 0

Other 313 - 49 + 49 305

Other liabilities and capital 41,528 - 965 + 4,322 41,358

Total factors, other than reserve balances,

absorbing reserve funds 904,605 - 141 + 13,953 908,466

Reserve balances with Federal Reserve Banks 5,735 - 3,213 - 2,269 11,312

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 2,112,908 - 4,698 + 301,855 2,121,881

U.S. Treasury 1,266,680 - 452 + 82,951 1,270,783

Federal agency 846,229 - 4,244 + 218,905 851,098

Securities lent to dealers 9,750 - 2,232 + 8,783 10,971

FEDERAL RESERVE statistical release

 February 14, 2008

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

 Feb 13, 2008 Week ended

 Feb 13, 2008 Feb 6, 2008 Feb 14, 2007
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 1,380 - 8 + 351

Securities, repurchase agreements, term auction

credit, and other loans 801,408 + 12,072 - 7,530

Securities held outright 713,369 - 7 - 65,520

U.S. Treasury1 713,369 - 7 - 65,520

Bills2 200,360 0 - 76,659

Notes and bonds, nominal2 470,010 0 + 3,335

Notes and bonds, inflation-indexed2 38,437 0 + 6,661

Inflation compensation3 4,563 - 7 + 1,144

Federal agency2 0 0 0

Repurchase agreements4 28,000 + 12,500 - 2,000

Term auction credit 60,000 0 + 60,000

Other loans 39 - 420 - 10

Items in process of collection (539) 1,376 - 441 - 4,998

Bank premises 2,132 0 + 173

Other assets5 65,564 + 190 + 26,096

Total assets (539) 885,097 + 11,812 + 14,092

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 778,937 + 1,829 + 8,982

Reverse repurchase agreements6 38,590 + 2,037 + 1,254

Deposits (0) 23,404 + 8,710 + 764

Depository institutions 18,024 + 8,568 + 835

U.S. Treasury, general account 4,979 + 138 - 123

Foreign official 96 - 2 + 6

Other (0) 305 + 5 + 46

Deferred availability cash items (539) 2,808 - 603 - 1,309

Other liabilities and accrued dividends7 3,975 - 146 - 1,664

Total liabilities (539) 847,714 + 11,827 + 8,027

Capital accounts

Capital paid in 18,486 + 9 + 3,135

Surplus 18,448 - 9 + 3,251

Other capital accounts 449 - 15 - 321

Total capital 37,383 - 15 + 6,064

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Feb 14, 2007

Eliminations from

consolidation Wednesday

 Feb 13, 2008

Wednesday

 Feb 6, 2008

3. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, February 13, 2008

Millions of dollars

 U.S. Treasury

securities1

Holdings Weekly

changes

Other

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.

Reverse

repurchase

agreements2

Within 15 days 60,000 34 53,488 - 1,173 28,000 38,590

16 days to 90 days 0 5 105,884 + 1,500 0 0

91 days to 1 year . . . 0 146,619 - 329 . . . . . . 

Over 1 year to 5 years . . . . . . 233,087 - 2 . . . . . . 

Over 5 years to 10 years . . . . . . 84,406 - 2 . . . . . . 

Over 10 years . . . . . . 89,884 - 3 . . . . . . 

All 60,000 39 713,369 - 7 28,000 38,590

Assets, liabilities, and capital

Remaining maturity

Term auction

credit
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on February 13, 2008Millions of dollars

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

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

auction credit, and other loans

Securities held outright

U.S. Treasury1

Bills2Notes and bonds3

Federal agency2

Repurchase agreements4

Term auction creditOther 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.

Assets, liabilities, and capital

 11,037 2,200 1,380 801,408 713,369 713,369 200,360 513,009 0 28,000 60,000 39 1,915 2,132 65,564 0 885,636

 449 115 45 34,687 32,876 32,876 9,234 23,642 0 1,290 520 1 107 120 3,463 - 1,215 37,772

 4,053 874 66 311,387 258,309 258,309 72,550 185,759 0 10,139 42,939 0 -39 214 19,132 -19,937 315,750

 455 83 105 32,799 31,560 31,560 8,864 22,696 0 1,239 0 1 256 65 5,380 + 1,225 40,369

 428 104 131 31,430 29,193 29,193 8,199 20,994 0 1,146 1,091 0 268 152 4,036 + 237 36,785

 869 147 162 64,760 61,808 61,808 17,360 44,448 0 2,426 525 1 34 184 14,326 + 2,420 82,903

 1,117 166 176 73,905 66,163 66,163 18,583 47,580 0 2,597 5,145 0 95 229 5,267 + 1,841 82,796

 903 212 155 62,823 59,835 59,835 16,806 43,030 0 2,349 635 4 169 204 3,488 +11,500 79,454

 326 71 57 25,245 22,800 22,800 6,404 16,396 0 895 1,550 0 39 114 1,051 + 4,049 30,952

    16, 14, 14, 3, 10,   1,    1, -  18,
 998,560

 219,623 778,937 778,937 11,037 2,200 702,743 62,958 741,369 38,627 702,743

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.

 998,560 219,623 778,937 38,590 23,404 18,024 4,979 96 305 3,347 3,975 848,253 18,486 18,448 449 885,636

 39,227 6,409 32,818 1,778 680 651 0 2 27 177 202 35,656 1,049 1,049 17 37,772

 347,555 67,644 279,911 13,973 11,448 6,226 4,979 66 177 60 919 306,311 4,628 4,624 186 315,750

 42,275 8,798 33,477 1,707 825 821 0 4 0 515 208 36,732 1,814 1,813 9 40,369

 39,660 8,729 30,931 1,579 1,007 1,002 0 3 2 449 218 34,184 1,294 1,291 15 36,785

 80,402 14,610 65,792 3,343 2,957 2,861 0 11 85 287 539 72,917 4,997 4,988 0 82,903

 110,069 35,788 74,281 3,579 1,259 1,256 0 3 0 321 422 79,863 1,447 1,425 62 82,796

 86,223 14,482 71,741 3,237 2,152 2,151 0 2 0 280 369 77,780 819 815 41 79,454

 32,937 4,162 28,775 1,233 319 306 0 0 13 64 180 30,571 182 180 18 30,952

 19,1 3,1 16,0 7 2 2    2 1 17,3 3 3  18,1

H.4.14. Statement of Condition of Each Federal Reserve Bank on February 13, 2008 (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

 Feb 13, 2008

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.