FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                               September 29, 2016


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Sep 28, 2016 
Federal Reserve Banks                                     Sep 28, 2016 Sep 21, 2016 Sep 30, 2015              

Reserve Bank credit                                         4,424,565   -    1,591   -   23,441    4,411,557  
  Securities held outright (1)                              4,232,576   -    2,435   -    7,314    4,220,827  
    U.S. Treasury securities                                2,463,477   -       46   +    1,530    2,463,460  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,341,647            0   -    4,993    2,341,647  
      Notes and bonds, inflation-indexed (2)                  104,553            0   +    6,019      104,553  
      Inflation compensation (3)                               17,277   -       46   +      504       17,260  
    Federal agency debt securities (2)                         20,492            0   -   14,601       20,492  
    Mortgage-backed securities (4)                          1,748,606   -    2,389   +    5,756    1,736,875  
  Unamortized premiums on securities held outright (5)        177,574   -      281   -   16,298      177,089  
  Unamortized discounts on securities held outright (5)       -15,491   +       34   +    1,547      -15,477  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           225   -        9   -       35          242  
    Primary credit                                                  9   -       21   -        9           23  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               216   +       13   -       26          220  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,707            0   +        5        1,707  
  Float                                                          -388   -       82   -      422         -702  
  Central bank liquidity swaps (8)                                291   +      289   -      390          291  
  Other Federal Reserve assets (9)                             28,070   +      892   -      535       27,578  
Foreign currency denominated assets (10)                       21,537   +      159   +    1,515       21,525  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             48,211   +       14   +      884       48,211  
                                                                                                              
Total factors supplying reserve funds                       4,510,555   -    1,417   -   21,042    4,497,534  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Sep 28, 2016 
Federal Reserve Banks                                     Sep 28, 2016 Sep 21, 2016 Sep 30, 2015              

Currency in circulation (11)                                 1,468,221   -      334   +   83,166    1,470,071 
Reverse repurchase agreements (12)                             445,401   +   78,542   +   60,108      514,810 
  Foreign official and international accounts                  241,076   -    9,007   +   71,768      242,533 
  Others                                                       204,325   +   87,549   -   11,660      272,277 
Treasury cash holdings                                             124   +       10   -       38          141 
Deposits with F.R. Banks, other than reserve balances          418,109   +   33,294   +  237,332      380,885 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               351,700   +   11,252   +  206,535      339,619 
  Foreign official                                               5,165            0   -      230        5,165 
  Other (13)                                                    61,244   +   22,042   +   31,027       36,100 
Other liabilities and capital (14)                              46,907   -      255   -   19,081       46,391 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,378,762   +  111,256   +  361,486    2,412,297 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,131,792   -  112,675   -  382,529    2,085,237 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
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.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
14. Includes the liability for earnings remittances due to the U.S. Treasury.                               
                                                                                                            



Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Sep 28, 2016 
                                                          Sep 28, 2016 Sep 21, 2016 Sep 30, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,143,508   -    6,762   -  190,188    3,131,503 
  Marketable U.S. Treasury securities (1)                    2,823,541   -    5,661   -  183,644    2,811,898 
  Federal agency debt and mortgage-backed securities (2)       260,178   -    1,391   -   21,402      259,962 
  Other securities (3)                                          59,790   +      291   +   14,859       59,643 
Securities lent to dealers                                      25,251   +    1,330   +   11,120       26,011 
  Overnight facility (4)                                        25,251   +    1,330   +   11,120       26,011 
    U.S. Treasury securities                                    25,229   +    1,323   +   11,149       25,982 
    Federal agency debt securities                                  21   +        6   -       30           29 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           






2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, September 28, 2016  

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                          229            14             0             0             0           ...           242 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                   6,827        30,639       150,738     1,209,208       431,066       634,982     2,463,460 
  Weekly changes                                 0             0    -        2    -        8    -        8    -       29    -       46 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         4,312         9,423         4,410             0         2,347        20,492 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0         1,358        11,269     1,724,248     1,736,875 
  Weekly changes                                 0             0             0    -       44    -      232    -   20,192    -   20,468 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               291             0             0             0             0             0           291 
                                                                                                                                       
Reverse repurchase agreements (4)          514,810             0           ...           ...           ...           ...       514,810 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Sep 28, 2016  

Mortgage-backed securities held outright (1)                                                                             1,736,875  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           35,051  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    5  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
2.  Current face value. Generally settle within 180 days and include commitments associated with            
    outright transactions, dollar rolls, and coupon swaps.                                              
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Sep 28, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,707  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                    0  



1.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued
    quarterly. This table reflects valuations as of June 30, 2016. Any assets purchased after this valuation
    date are initially recorded at cost until their estimated fair value as of the purchase date becomes
    available.                                                                                          
2.  Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's            
    statement of condition consistent with consolidation under generally accepted accounting principles. Refer
    to the note on consolidation accompanying table 6.                                                  
3.  Book value. The fair value of these obligations is included in other liabilities and capital in         
    table 1 and in other liabilities and accrued dividends in table 5 and table 6.                      


Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to
acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit
extended and to minimize disruption to financial markets. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Sep 28, 2016   Wednesday    Wednesday  
                                                        consolidation                Sep 21, 2016 Sep 30, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,927            0   +       18  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,382,682   -   21,436   -   32,504  
    Securities held outright (1)                                          4,220,827   -   20,514   -   17,447  
      U.S. Treasury securities                                            2,463,460   -       46   +    1,512  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,341,647            0   -    4,992  
        Notes and bonds, inflation-indexed (2)                              104,553            0   +    6,019  
        Inflation compensation (3)                                           17,260   -       46   +      486  
      Federal agency debt securities (2)                                     20,492            0   -   14,601  
      Mortgage-backed securities (4)                                      1,736,875   -   20,468   -    4,358  
    Unamortized premiums on securities held outright  
    (5)                                                                     177,089   -      971   -   16,588  
    Unamortized discounts on securities held outright 
    (5)                                                                     -15,477   +       36   +    1,540  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       242   +       13   -       10  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,707            0   +        4  
  Items in process of collection                                   (0)           54   -       13   -      342  
  Bank premises                                                               2,206   +        1   -       35  
  Central bank liquidity swaps (8)                                              291   +      289   -      390  
  Foreign currency denominated assets (9)                                    21,525   +       42   +    1,523  
  Other assets (10)                                                          25,372   +       86   -      383  
                                                                                                               
Total assets                                                       (0)    4,452,002   -   21,030   -   32,109  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Sep 28, 2016   Wednesday    Wednesday  
                                                        consolidation                Sep 21, 2016 Sep 30, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,423,924   +    1,438   +   81,534 
  Reverse repurchase agreements (11)                                         514,810   +   85,416   -  126,271 
  Deposits                                                          (0)    2,466,121   -  107,556   +   31,250 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,085,237   -   85,082   -  112,420 
    U.S. Treasury, General Account                                           339,619   -   18,984   +  140,903 
    Foreign official                                                           5,165   -        3   -    1,066 
    Other (12)                                                      (0)       36,100   -    3,488   +    3,833 
  Deferred availability cash items                                  (0)          756   +      391   +      273 
  Other liabilities and accrued dividends (13)                                 6,219   -      728   -      505 
                                                                                                               
Total liabilities                                                   (0)    4,411,830   -   21,039   -   13,720 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,172   +        8   +      891 
  Surplus                                                                     10,000            0   -   19,281 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,172   +        8   -   18,389 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
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.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Revalued daily at current foreign currency exchange rates.                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
13. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, September 28, 2016
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         355       3,588          359         586         760       1,541         753         360         193         296         875       1,371
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,927          47          79          153         132         300         194         282          33          55         134         195         323
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,382,682     107,656   2,493,902      118,993     131,252     267,827     245,290     174,641      55,374      32,407      61,020     155,999     538,322
    Securities held outright (1)               4,220,827     103,686   2,401,934      114,605     126,407     257,950     236,236     168,178      53,270      31,118      58,743     150,239     518,461
      U.S. Treasury securities                 2,463,460      60,515   1,401,874       66,888      73,776     150,551     137,878      98,156      31,091      18,162      34,285      87,686     302,596
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,463,460      60,515   1,401,874       66,888      73,776     150,551     137,878      98,156      31,091      18,162      34,285      87,686     302,596
      Federal agency debt securities (2)          20,492         503      11,661          556         614       1,252       1,147         817         259         151         285         729       2,517
      Mortgage-backed securities (4)           1,736,875      42,667     988,398       47,160      52,016     106,147      97,211      69,206      21,921      12,805      24,173      61,824     213,347
    Unamortized premiums on securities held 
      outright (5)                               177,089       4,350     100,776        4,808       5,304      10,823       9,912       7,056       2,235       1,306       2,465       6,303      21,753
    Unamortized discounts on securities     
      held outright (5)                          -15,477        -380      -8,807         -420        -464        -946        -866        -617        -195        -114        -215        -551      -1,901
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            242           0           0            0           5           0           8          23          64          97          28           7          10
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,707           0       1,707            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      54           0           0            0           0           0          54           0           0           0           0           0           0
  Bank premises                                    2,206         119         428           73         106         205         207         202         115          90         240         225         197
  Central bank liquidity swaps (8)                   291          13          96           16          22          65          16           8           3           1           3           4          44
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   21,525         951       7,103        1,184       1,639       4,800       1,195         577         221          92         215         273       3,274
  Other assets (10)                               25,372         659      13,971          693         762       1,712       1,429       1,026         381         209         403         999       3,128
  Interdistrict settlement account                     0  -   17,073  -   17,581   -    9,027  -    3,405  -   14,307  +   17,503  +    2,607  +    1,447  +    1,625  +      809  +   18,838  +   18,565
                                                                                                                                                                                                         
Total assets                                   4,452,002      92,922   2,505,112      112,653     131,331     261,774     268,082     180,520      58,083      34,763      63,274     177,689     565,798

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, September 28, 2016 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,614,407      50,161     526,201      50,158      80,974     114,038     224,272     107,285      49,822      27,806      41,661     133,505     208,524
    Less: Notes held by F.R. Banks               190,483       6,335      53,494       6,845       9,730      14,319      29,316      12,746       5,554       3,267       5,595      16,196      27,086
      Federal Reserve notes, net               1,423,924      43,826     472,707      43,313      71,244      99,719     194,956      94,539      44,269      24,538      36,066     117,309     181,439
  Reverse repurchase agreements (11)             514,810      12,646     292,961      13,978      15,418      31,462      28,813      20,513       6,497       3,795       7,165      18,325      63,236
  Deposits                                     2,466,121      34,506   1,723,315      52,958      41,376     121,164      41,596      63,664       6,742       5,441      19,506      41,284     314,570
    Term deposits held by depository        
        institutions                                   0           0           0           0           0           0           0           0           0           0           0           0           0
    Other deposits held by depository       
        institutions                           2,085,237      34,500   1,350,243      52,955      41,373     120,987      41,587      56,072       6,729       5,441      19,504      41,283     314,562
    U.S. Treasury, General Account               339,619           0     339,619           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,165           2       5,139           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    36,100           4      28,314           0           0         168           7       7,590          13           0           1           0           3
  Deferred availability cash items                   756           0           0           0           0           0          84           0           0         672           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,317          33         759          36          42          66          79          53          14           9          15          49         162
  Other liabilities and accrued             
     dividends                                     4,902         163       2,198         197         202         552         334         258         130         138         130         211         390
                                                                                                                                                                                                        
Total liabilities                              4,411,830      91,174   2,491,942     110,482     128,281     252,963     265,863     179,026      57,651      34,593      62,881     177,178     559,797
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,172       1,306       9,871       1,621       2,288       6,581       1,664       1,226         329         127         293         385       4,480
  Surplus                                         10,000         442       3,299         550         762       2,230         555         268         103          43         100         127       1,521
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,452,002      92,922   2,505,112     112,653     131,331     261,774     268,082     180,520      58,083      34,763      63,274     177,689     565,798

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, September 28, 2016 (continued)


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.                                                                                                 
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.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
9.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities. Also includes certain         
    deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.                                                   
13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after          
    providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $10 billion surplus.                                                                            
                                                                                                                                                                                                            


Note on consolidation:


On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to
acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the
remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual
returns and could have absorbed any residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the
assets and liabilities of FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was
eliminated, the net assets of ML appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only
to the ML portfolio holdings, were included in other liabilities in this table (and table 1 and table 5).

                                                                                 



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Sep 28, 2016  

Federal Reserve notes outstanding                                                            1,614,407  
  Less: Notes held by F.R. Banks not subject to collateralization                              190,483  
    Federal Reserve notes to be collateralized                                               1,423,924  
Collateral held against Federal Reserve notes                                                1,423,924  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,407,687  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,220,827  
  Less: Face value of securities under reverse repurchase agreements                           477,852  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,742,976  

Note: Components may not sum to totals because of rounding.


1.  Includes face value of U.S. Treasury, agency debt, and mortgage-backed 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.                                                
2.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.