FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                     June 8, 2017


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   Jun 7, 2017 
Federal Reserve Banks                                      Jun 7, 2017 May 31, 2017  Jun 8, 2016              

Reserve Bank credit                                         4,422,274   +    1,292   -      734    4,423,005  
  Securities held outright (1)                              4,244,543   +       76   +   14,519    4,244,575  
    U.S. Treasury securities                                2,464,751   +       73   +    2,904    2,464,783  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,338,216   -    1,135   -    1,070    2,338,216  
      Notes and bonds, inflation-indexed (2)                  108,126   +    1,134   +    2,187      108,126  
      Inflation compensation (3)                               18,408   +       73   +    1,787       18,440  
    Federal agency debt securities (2)                          8,834            0   -   16,262        8,834  
    Mortgage-backed securities (4)                          1,770,958   +        3   +   27,877    1,770,958  
  Unamortized premiums on securities held outright (5)        166,907   -      262   -   14,987      166,822  
  Unamortized discounts on securities held outright (5)       -14,838   -        6   +    1,201      -14,827  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                            65   +       10   -       28           69  
    Primary credit                                                  3   -        2   -        1            3  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                62   +       12   -       27           66  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,709   -        1   -        4        1,709  
  Float                                                          -332   +      189   -      193         -512  
  Central bank liquidity swaps (8)                                 40   +        4   +       40           40  
  Other Federal Reserve assets (9)                             24,178   +    1,279   -    1,285       25,131  
Foreign currency denominated assets (10)                       20,767   +      145   -      330       20,794  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             48,907   +       14   +      959       48,907  
                                                                                                              
Total factors supplying reserve funds                       4,508,189   +    1,451   -      105    4,508,948  

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   Jun 7, 2017 
Federal Reserve Banks                                      Jun 7, 2017 May 31, 2017  Jun 8, 2016              

Currency in circulation (11)                                 1,555,572   +      658   +   97,237    1,556,333 
Reverse repurchase agreements (12)                             399,658   -   30,115   +  105,414      399,729 
  Foreign official and international accounts                  233,153   -   16,070   -    6,487      234,591 
  Others                                                       166,505   -   14,046   +  111,901      165,138 
Treasury cash holdings                                             230   -       13   +      121          224 
Deposits with F.R. Banks, other than reserve balances          231,958   -   20,380   -   45,504      233,624 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               152,444   -   18,540   -   83,907      154,760 
  Foreign official                                               5,226   -       76   +       33        5,361 
  Other (13)                                                    74,288   -    1,765   +   38,370       73,503 
Other liabilities and capital (14)                              48,463   +      622   -       43       48,193 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,235,881   -   49,229   +  157,226    2,238,103 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,272,308   +   50,680   -  157,331    2,270,846 

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 securities, Federal agency debt
    securities, and 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   Jun 7, 2017 
                                                           Jun 7, 2017 May 31, 2017  Jun 8, 2016              

Securities held in custody for foreign official and       
     international accounts                                  3,258,503   +   20,980   +   17,016    3,257,067 
  Marketable U.S. Treasury securities (1)                    2,934,266   +   20,548   +    7,997    2,932,774 
  Federal agency debt and mortgage-backed securities (2)       262,893   +      285   -    2,372      262,689 
  Other securities (3)                                          61,344   +      148   +   11,391       61,604 
Securities lent to dealers                                      25,212   +    3,038   +    4,873       24,526 
  Overnight facility (4)                                        25,212   +    3,038   +    4,873       24,526 
    U.S. Treasury securities                                    25,202   +    3,039   +    4,879       24,519 
    Federal agency debt securities                                   9   -        2   -        7            7 

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, June 7, 2017        

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                                            6            63             0             0             0           ...            69 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0        47,806       256,062     1,174,333       353,787       632,794     2,464,783 
  Weekly changes                                 0    +    3,198    -    3,195    +       13    +       19    +       51    +       87 
Federal agency debt securities (2)                                                                                                     
  Holdings                                     737         1,340         2,366         2,044             0         2,347         8,834 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           581        11,228     1,759,148     1,770,958 
  Weekly changes                                 0             0             0    +       21    +       84    -      106             0 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)                40             0             0             0             0             0            40 
                                                                                                                                       
Reverse repurchase agreements (4)          399,729             0           ...           ...           ...           ...       399,729 
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   
                                                                                                                       Jun 7, 2017  

Mortgage-backed securities held outright (1)                                                                             1,770,958  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           29,738  
Commitments to sell mortgage-backed securities (2)                                                                              20  
                                                                                                                                    
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   
                                                                                                                       Jun 7, 2017  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,709  
                                                                                                                                    
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 March 31, 2017. 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        Jun 7, 2017   Wednesday    Wednesday  
                                                        consolidation                May 31, 2017  Jun 8, 2016 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,809   +       18   -       30  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,396,638   -      142   +      709  
    Securities held outright (1)                                          4,244,575   +       88   +   14,502  
      U.S. Treasury securities                                            2,464,783   +       87   +    2,886  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,338,216            0   -    1,070  
        Notes and bonds, inflation-indexed (2)                              108,126            0   +    2,187  
        Inflation compensation (3)                                           18,440   +       87   +    1,769  
      Federal agency debt securities (2)                                      8,834            0   -   16,262  
      Mortgage-backed securities (4)                                      1,770,958            0   +   27,877  
    Unamortized premiums on securities held outright  
    (5)                                                                     166,822   -      260   -   14,968  
    Unamortized discounts on securities held outright 
    (5)                                                                     -14,827   +       29   +    1,201  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                        69   +        2   -       25  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,709            0   -        4  
  Items in process of collection                                   (0)           84   -       15   -       82  
  Bank premises                                                               2,195   -       14   -       19  
  Central bank liquidity swaps (8)                                               40   +        5   +       40  
  Foreign currency denominated assets (9)                                    20,794   +       77   -      423  
  Other assets (10)                                                          22,935   +    2,598   -    1,293  
                                                                                                               
Total assets                                                       (0)    4,462,443   +    2,529   -    1,099  

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        Jun 7, 2017   Wednesday    Wednesday  
                                                        consolidation                May 31, 2017  Jun 8, 2016 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,509,455   -      170   +   96,996 
  Reverse repurchase agreements (11)                                         399,729   -  102,430   +  114,694 
  Deposits                                                          (0)    2,504,469   +  104,536   -  213,488 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,270,846   +  141,240   -  177,972 
    U.S. Treasury, General Account                                           154,760   -   35,071   -   70,356 
    Foreign official                                                           5,361   +      183   +      166 
    Other (12)                                                      (0)       73,503   -    1,814   +   34,675 
  Deferred availability cash items                                  (0)          597   -      543   +      305 
  Other liabilities and accrued dividends (13)                                 7,385   +    1,134   -      319 
                                                                                                               
Total liabilities                                                   (0)    4,421,635   +    2,527   -    1,812 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,808   +        2   +      713 
  Surplus                                                                     10,000            0            0 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,808   +        2   +      713 

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 securities, Federal agency debt
    securities, and 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, June 7, 2017
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         349       3,592          348         553         776       1,520         737         341         191         292         916       1,422
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,809          46          51          170         128         277         187         282          24          53         113         184         295
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,396,638      85,661   2,475,672      113,517     127,497     257,597     258,802     184,935      58,646      34,299      62,357     176,008     561,646
    Securities held outright (1)               4,244,575      82,700   2,390,085      109,593     123,089     248,692     249,851     178,521      56,600      33,093      60,198     169,923     542,229
      U.S. Treasury securities                 2,464,783      48,023   1,387,899       63,640      71,476     144,413     145,086     103,666      32,867      19,217      34,956      98,673     314,867
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,464,783      48,023   1,387,899       63,640      71,476     144,413     145,086     103,666      32,867      19,217      34,956      98,673     314,867
      Federal agency debt securities (2)           8,834         172       4,974          228         256         518         520         372         118          69         125         354       1,129
      Mortgage-backed securities (4)           1,770,958      34,505     997,212       45,725      51,356     103,761     104,245      74,484      23,615      13,807      25,116      70,897     226,233
    Unamortized premiums on securities held 
      outright (5)                               166,822       3,250      93,936        4,307       4,838       9,774       9,820       7,016       2,225       1,301       2,366       6,678      21,311
    Unamortized discounts on securities     
      held outright (5)                          -14,827        -289      -8,349         -383        -430        -869        -873        -624        -198        -116        -210        -594      -1,894
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                             69           0           0            0           0           0           4          21          18          21           4           0           1
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,709           0       1,709            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      84           0           0            0           0           0          84           0           0           0           0           0           0
  Bank premises                                    2,195         119         441           71         112         201         203         199         111          88         236         220         193
  Central bank liquidity swaps (8)                    40           2          13            2           3           9           2           2           0           0           0           1           6
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   20,794         901       6,660        1,118       1,694       4,493       1,213         870         227          88         202         266       3,062
  Other assets (10)                               22,935         486      12,384          587         667       1,522       1,371         966         521         197         384         941       2,909
  Interdistrict settlement account                     0  +    1,657  -   77,079   -    3,926  -      286  +    9,329  -    2,334  +   53,448  +      912  +    2,065  +    6,820  +    6,743  +    2,651
                                                                                                                                                                                                         
Total assets                                   4,462,443      89,417   2,425,262      112,098     130,604     274,617     261,702     241,864      60,932      37,072      70,558     185,560     572,757

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, June 7, 2017 (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            1,678,764      56,950     525,144      55,796      85,679     122,282     223,028     116,149      52,561      31,411      48,810     142,966     217,987
    Less: Notes held by F.R. Banks               169,309       5,543      43,374       7,583       9,946      12,186      25,936      10,808       5,335       2,700       5,545      16,078      24,276
      Federal Reserve notes, net               1,509,455      51,407     481,771      48,214      75,733     110,096     197,092     105,341      47,226      28,712      43,266     126,887     193,711
  Reverse repurchase agreements (11)             399,729       7,788     225,084      10,321      11,592      23,420      23,530      16,812       5,330       3,116       5,669      16,002      51,064
  Deposits                                     2,504,469      28,259   1,701,626      51,102      39,659     131,604      38,192     117,588       7,753       4,407      21,063      41,869     321,346
    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                           2,270,846      28,255   1,524,679      51,100      39,656     131,359      38,184      61,193       7,745       4,407      21,062      41,868     321,339
    U.S. Treasury, General Account               154,760           0     154,760           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,361           2       5,334           2           3           9           2           2           0           0           0           1           6
    Other (12)                                    73,503           3      16,853           0           0         236           6      56,394           8           0           1           0           1
  Deferred availability cash items                   597           0           0           0           0           0          80           0           0         517           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,879          41       1,039          50          62         111         123          71          26          15          25          80         235
  Other liabilities and accrued             
     dividends                                     5,507         168       2,722         201         209         530         328         297         142         134         133         209         433
                                                                                                                                                                                                        
Total liabilities                              4,421,635      87,663   2,412,241     109,888     127,255     265,761     259,345     240,109      60,478      36,901      70,156     185,047     566,790
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,808       1,321       9,819       1,672       2,535       6,694       1,773       1,336         345         129         304         385       4,495
  Surplus                                         10,000         434       3,202         538         815       2,161         583         419         109          42          97         128       1,473
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,462,443      89,417   2,425,262     112,098     130,604     274,617     261,702     241,864      60,932      37,072      70,558     185,560     572,757

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, June 7, 2017 (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 securities, Federal agency     
    debt securities, and 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   
                                                                                           Jun 7, 2017  

Federal Reserve notes outstanding                                                            1,678,764  
  Less: Notes held by F.R. Banks not subject to collateralization                              169,309  
    Federal Reserve notes to be collateralized                                               1,509,455  
Collateral held against Federal Reserve notes                                                1,509,455  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,493,218  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,244,575  
  Less: Face value of securities under reverse repurchase agreements                           387,997  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,856,578  

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.