Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 1,986,952 - 9,645 +1,097,897 1,989,149

Securities held outright 1,216,327 + 9,272 + 737,489 1,223,742

U.S. Treasury securities1 656,995 + 9,167 + 178,157 663,470

Bills2 18,423 0 - 3,317 18,423

Notes and bonds, nominal2 590,748 + 9,140 + 178,356 597,212

Notes and bonds, inflation-indexed2 42,803 0 + 3,632 42,803

Inflation compensation3 5,022 + 28 - 513 5,032

Federal agency debt securities2 96,798 + 4,685 + 96,798 97,828

Mortgage-backed securities4 462,534 - 4,580 + 462,534 462,444

Repurchase agreements5 0 0 - 110,250 0

Term auction credit 282,808 0 + 132,808 282,808

Other loans 118,875 - 4,828 + 102,095 119,070

Primary credit 35,910 - 3,185 + 21,049 35,708

Secondary credit 3 - 81 - 83 3

Seasonal credit 63 + 24 - 32 74

Primary dealer and other broker-dealer credit6 0 0 - 1,738 0

Asset-Backed Commercial Paper Money

Market Mutual Fund Liquidity Facility 14,922 - 1,770 + 14,922 14,807

Credit extended to American International

Group, Inc.7 42,834 + 238 + 42,834 43,458

Term Asset-Backed Securities Loan Facility 25,143 - 54 + 25,143 25,021

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC8 119,669 - 8,404 + 119,669 114,693

Net portfolio holdings of LLCs funded through the

Money Market Investor Funding Facility9 0 0 0 0

Net portfolio holdings of Maiden Lane LLC10 25,896 + 20 - 3,920 25,925

Net portfolio holdings of Maiden Lane II LLC11 15,989 + 34 + 15,989 16,061

Net portfolio holdings of Maiden Lane III LLC12 20,162 + 18 + 20,162 20,172

Float -1,989 - 221 - 470 -2,436

Central bank liquidity swaps13 115,299 - 6,291 + 53,299 114,585

Other Federal Reserve assets14 73,917 + 756 + 31,026 74,530

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 42,431 + 14 + 3,754 42,431

Total factors supplying reserve funds 2,042,624 - 9,631 +1,101,651 2,044,821

FEDERAL RESERVE statistical release

 July 2, 2009

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

Change from week ended Wednesday

 Jul 1, 2009 Week ended

 Jul 1, 2009 Jun 24, 2009 Jul 2, 2008
Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Currency in circulation15 907,940 + 1,340 + 81,366 911,609

Reverse repurchase agreements16 70,890 - 923 + 28,713 72,256

Foreign official and international accounts 70,890 - 923 + 28,713 72,256

Dealers 0 0 0 0

Treasury cash holdings 321 + 7 + 43 339

Deposits with F.R. Banks, other than reserve balances 282,070 - 44,377 + 269,591 284,198

U.S. Treasury, general account 71,990 - 46,681 + 66,948 78,142

U.S. Treasury, supplementary financing account 199,939 0 + 199,939 199,939

Foreign official 1,979 - 486 + 1,850 1,473

Service-related 4,189 - 4 - 2,863 4,189

Required clearing balances 4,189 - 4 - 2,863 4,189

Adjustments to compensate for float 0 0 0 0

Other 3,973 + 2,793 + 3,717 454

Other liabilities and capital17 54,601 + 148 + 9,099 54,375

Total factors, other than reserve balances,

absorbing reserve funds 1,315,822 - 43,804 + 388,812 1,322,778

Reserve balances with Federal Reserve Banks 726,802 + 34,173 + 712,839 722,043

H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Averages of daily figures

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Current face value of the securities, which is the remaining principal balance of

the underlying mortgages.

5. Cash value of agreements.

6. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain other broker-dealers.

7. Excludes credit extended to consolidated LLCs.

8. Refer to table 7 and the note on consolidation accompanying table 10.

9. Refer to table 8 and the note on consolidation accompanying table 10.

10. Refer to table 4 and the note on consolidation accompanying table 10.

11. Refer to table 5 and the note on consolidation accompanying table 10.

12. Refer to table 6 and the note on consolidation accompanying table 10.

13. 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.

14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.

15. Estimated.

16. Cash value of agreements, which are collateralized by U.S. Treasury securities.

17. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility,

Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other than the Federal Reserve Bank of New York, including

liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 8 and the note on consolidation

accompanying table 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

Change from week ended Wednesday

 Jul 1, 2009 Week ended

 Jul 1, 2009 Jun 24, 2009 Jul 2, 2008
Marketable securities held in custody for foreign

 official and international accounts1 2,766,155 + 2,122 + 420,502 2,781,790

U.S. Treasury securities 1,960,228 + 3,582 + 586,458 1,976,501

Federal agency securities2 805,928 - 1,459 - 165,954 805,290

Securities lent to dealers 18,478 - 4,245 - 99,004 13,691

Overnight facility3 11,728 - 2,959 - 1,510 6,941

Term facility4 6,750 - 1,286 - 97,494 6,750

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Week ended

 Jul 1, 2009

Change from week ended Wednesday

 Jul 1, 2009

 Jun 24, 2009 Jul 2, 2008

Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed securities at face value.

2. Includes debt and mortgage-backed securities.

3. Fully collateralized by U.S. Treasury securities.

4. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities.

Memorandum item

H.4.1

91 days to

1 year

2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, July 1, 2009

Millions of dollars

Within 15 days Over 1 year

to 5 years

16 days to

 90 days

All

Note: Components may not sum to totals because of rounding.

 . . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding Facility LLC, the LLCs funded through

the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC. The loans were eliminated when

preparing the FRBNY's statement of condition consistent with consolidation under generally accepted accounting principles.

2. 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.

3. Face value.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

5. Face value of commercial paper held by Commercial Paper Funding Facility LLC.

6. Face value of money market instruments held by LLCs funded through the Money Market Investor Funding Facility.

7. Cash value of agreements.

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.

Remaining maturity Over 5 years

to 10 years

Over 10

years

Term auction credit

Other loans1

U.S. Treasury securities2

Holdings

Weekly changes

Federal agency debt securities3

Holdings

Weekly changes

Mortgage-backed securities4

Holdings

Weekly changes

Commercial paper held by

Commercial Paper Funding

Facility LLC5

Money market instruments held by

LLCs funded through the

Money Market Investor

Funding Facility6

Repurchase agreements7

Central bank liquidity swaps8

Reverse repurchase agreements7

 179,268

 33,330

 17,239

+ 2,081

 0

 0

 0

 0

 4,983

 0

 0

 76,856

 72,256

...

 79

 64,426

+ 3,220

 7,370

+ 852

 0

 0

 0

 0

...

 0

...

...

 68,479

 261,730

- 973

 67,348

- 852

 0

 0

...

...

...

 0

...

 103,540

 17,182

 20,311

- 5,101

 946

 0

 0

 0

 106,143

 0

 0

 37,729

 0

...

 0

 174,540

+ 7,790

 20,952

+ 806

 0

 0

...

...

...

 0

...

...

...

 125,225

+ 3,261

 1,212

+ 396

 462,444

- 4,782

...

...

...

 0

...

 282,808

 119,070

 663,470

+ 10,277

 97,828

+ 1,202

 462,444

- 4,782

 111,126

 0

 0

 114,585

 72,256
Wednesday

 Jul 1, 2009

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Net portfolio holdings of Maiden Lane LLC1

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3

 25,925

 28,820

 340

 1,217

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, 2009. 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 10.

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 9 and table 10.

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. Payments by Maiden Lane LLC from

the proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest

due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the

FRBNY.

Account name

H.4.1

Wednesday

 Jul 1, 2009

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Net portfolio holdings of Maiden Lane II LLC1

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3

 16,061

 17,553

 160

 1,020

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, 2009. 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 10.

3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of American

International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued interest payable are

included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 9 and table 10.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the authority

of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential mortgage-backed securities from the

U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II

LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane II LLC, principal due to

the FRBNY, interest due to the FRBNY, and deferred payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the

FRBNY and AIG subsidiaries.

Account name

Wednesday

 Jul 1, 2009

3. Supplemental Information on Mortgage-Backed Securities Purchase Program

Millions of dollars

Mortgage-backed securities held outright1

Commitments to buy mortgage-backed securities2

Commitments to sell mortgage-backed securities2

Cash and cash equivalents3

 462,444

 193,379

 53,744

 293

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions as well as dollar rolls.

3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.

Account name
Wednesday

 Jul 1, 2009

8. Information on Principal Accounts of LLCs Funded through the Money Market Investor

 Funding Facility

Millions of dollars

Money market instrument holdings, net1

Other investments, net

Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility

Memorandum: Money market instrument holdings, face value

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility, net of related discounts

 0

 0

 0

 0

 0

 0

 0

1. Book value, which includes amortized cost.

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 10.

Note: The Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the authority of section 13(3) of the

Federal Reserve Act to a series of limited liability companies funded through the Money Market Investor Funding Facility (MMIFF). The MMIFF

became operational on November 24, 2008. These limited liability companies were established to purchase short-term U.S. dollar-denominated

certificates of deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers. Such purchases are designed to foster

liquidity in short-term money markets.

Account name

H.4.1

Wednesday

 Jul 1, 2009

7. Information on Principal Accounts of Commercial Paper Funding Facility LLC

Millions of dollars

Commercial paper holdings, net1

Other investments, net

Net portfolio holdings of Commercial Paper Funding Facility LLC

Memorandum: Commercial paper holdings, face value

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

 110,739

 3,954

 114,693

 111,126

 110,449

 44

1. Book value, which includes amortized cost and related fees.

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 10.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the Federal

Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company formed to purchase three-month U.S. dollardenominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and increase the availability of credit

for businesses and households.

Account name

Wednesday

 Jul 1, 2009

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Net portfolio holdings of Maiden Lane III LLC1

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3

 20,172

 22,400

 215

 5,109

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, 2009. 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 10.

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 9 and table 10.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the authority

of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector collateralized debt obligations

(CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In

connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane

III LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane III LLC, principal due

to the FRBNY, interest due to the FRBNY, principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and

AIG.

Account name
Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 2,200 0 0

Coin 1,778 - 1 + 461

Securities, repurchase agreements, term auction

credit, and other loans 1,625,620 - 6,891 + 870,835

Securities held outright 1,223,742 + 6,698 + 744,876

U.S. Treasury securities1 663,470 + 10,277 + 184,604

Bills2 18,423 0 - 3,317

Notes and bonds, nominal2 597,212 + 10,249 + 184,820

Notes and bonds, inflation-indexed2 42,803 0 + 3,632

Inflation compensation3 5,032 + 28 - 531

Federal agency debt securities2 97,828 + 1,202 + 97,828

Mortgage-backed securities4 462,444 - 4,782 + 462,444

Repurchase agreements5 0 0 - 113,000

Term auction credit 282,808 0 + 132,808

Other loans 119,070 - 13,589 + 106,150

Net portfolio holdings of Commercial Paper Funding

Facility LLC6 114,693 - 9,339 + 114,693

Net portfolio holdings of LLCs funded through the

Money Market Investor Funding Facility7 0 0 0

Net portfolio holdings of Maiden Lane LLC8 25,925 + 40 - 2,968

Net portfolio holdings of Maiden Lane II LLC9 16,061 + 100 + 16,061

Net portfolio holdings of Maiden Lane III LLC10 20,172 + 13 + 20,172

Items in process of collection (593) 776 + 297 - 458

Bank premises 2,196 - 6 + 42

Central bank liquidity swaps11 114,585 - 4,845 + 52,585

Other assets12 72,362 + 709 + 31,601

Total assets (593) 2,007,404 - 19,923 +1,103,023

H.4.1

9. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Jul 2, 2008

Eliminations from

consolidation Wednesday

 Jul 1, 2009

Wednesday

 Jun 24, 2009

Assets, liabilities, and capital

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
Liabilities

Federal Reserve notes, net of F.R. Bank holdings 871,291 + 4,018 + 76,196

Reverse repurchase agreements13 72,256 + 315 + 31,165

Deposits (0) 1,006,269 - 24,998 + 985,539

Depository institutions 726,260 - 18,913 + 710,028

U.S. Treasury, general account 78,142 - 705 + 74,003

U.S. Treasury, supplementary financing account 199,939 0 + 199,939

Foreign official 1,473 - 739 + 1,364

Other (0) 454 - 4,642 + 203

Deferred availability cash items (593) 3,212 + 655 - 181

Other liabilities and accrued dividends14 5,774 - 621 + 2,583

Total liabilities (593) 1,958,802 - 20,629 +1,095,303

Capital accounts

Capital paid in 24,497 + 249 + 4,621

Surplus 21,264 + 8 + 2,771

Other capital accounts 2,840 + 448 + 328

Total capital 48,601 + 705 + 7,719

H.4.1

9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Change since

Wednesday

 Jul 2, 2008

Eliminations from

consolidation Wednesday

 Jul 1, 2009

Wednesday

 Jun 24, 2009

Assets, liabilities, and capital

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

6. Refer to table 7 and the note on consolidation accompanying table 10.

7. Refer to table 8 and the note on consolidation accompanying table 10.

8. Refer to table 4 and the note on consolidation accompanying table 10.

9. Refer to table 5 and the note on consolidation accompanying table 10.

10. Refer to table 6 and the note on consolidation accompanying table 10.

11. 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.

12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.

13. Cash value of agreements, which are collateralized by U.S. Treasury securities.

14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden

Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other than the Federal Reserve Bank of New York, including liabilities that

have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 8 and the note on consolidation accompanying table

10.
    20, 20, 10,  10, 1, 7,           1, 1, - 1, 22,

 329 71 38 51,334 47,942 25,992 722 25,270 3,833 18,117 0 3,241 152 0 0 0 0 0 194 134 1,173 2,110 - 19,862 35,522

 911 212 219 137,637 132,422 71,795 1,994 69,801 10,586 50,041 0 3,725 1,489 0 0 0 0 0 83 207 3,935 5,897 - 36,563 112,537

 1,356 166 209 153,586 147,444 79,939 2,220 77,719 11,787 55,718 0 5,935 207 0 0 0 0 0 108 222 9,016 7,598 - 29,473 142,789

 882 147 234 64,007 44,100 23,909 664 23,246 3,525 16,665 0 19,550 356 0 0 0 0 0 63 237 33,455 8,900 + 129,868 237,793

 467 104 141 55,124 48,348 26,212 728 25,485 3,865 18,270 0 6,683 94 0 0 0 0 0 116 147 8,683 3,696 + 3,245 71,724

 412 115 61 49,756 23,475 12,727 353 12,374 1,877 8,871 0 11,340 14,940 0 0 0 0 0 48 121 4,723 1,949 + 7,769 64,954

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

auction credit, and other loans

Securities held outright

U.S. Treasury securities1

Bills2Notes and bonds3

Federal agency debt securities2Mortgage-backed securities4

Repurchase agreements5Term auction creditOther loans

Net portfolio holdings of Commercial

Paper Funding Facility LLC6

Net portfolio holdings of LLCs funded

through the Money Market InvestorFunding Facility7

Net portfolio holdings of Maiden

Lane LLC8

Net portfolio holdings of Maiden

Lane II LLC9

Net portfolio holdings of Maiden

Lane III LLC10

Items in process of collectionBank premisesCentral bank liquidity swaps11

Other assets12Interdistrict settlement account

Total assets

 11,037 2,200 1,778 1,625,620 1,223,742 663,470 18,423 645,047 97,828 462,444 0 282,808 119,070 114,693 0 25,925 16,061 20,172 1,369 2,196 114,585 72,362 0 2,007,997

 450 83 149 38,182 18,985 10,293 286 10,007 1,518 7,174 0 18,878 318 0 0 0 0 0 267 67 12,951 3,604 - 20 55,733

 3,895 874 70 770,513 478,331 259,334 7,201 252,133 38,239 180,758 0 191,878 100,305 114,693 0 25,925 16,061 20,172 0 219 28,049 25,005 - 23,269 982,207

H.4.110. Statement of Condition of Each Federal Reserve Bank, July 1, 2009Millions of dollars

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

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

Assets, liabilities, and capital
Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

LiabilitiesFederal Reserve notes outstanding

Less: Notes held by F.R. Banks

Federal Reserve notes, net

Reverse repurchase agreements13

Deposits

Depository institutionsU.S. Treasury, general accountU.S. Treasury, supplementary financing accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends14

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.H.4.110. Statement of Condition of Each Federal Reserve Bank, July 1, 2009 (continued)Millions of dollars

Assets, liabilities, and capital

 36,122 4,688 31,433 1,386 30,043 30,025 0 0 2 16 113 123 63,098 920 844 91 64,954

 1,053,170 181,878 871,291 72,256 1,006,269 726,260 78,142 199,939 1,473 454 3,805 5,774 1,959,395 24,497 21,264 2,840 2,007,997

 379,716 56,783 322,933 28,243 613,687 333,833 78,142 199,939 1,444 328 1 3,261 968,125 7,247 5,794 1,040 982,207

 39,904 6,261 33,643 1,121 15,157 15,153 0 0 4 0 603 133 50,657 2,607 2,316 153 55,733

 44,976 8,083 36,893 2,855 28,099 28,096 0 0 3 0 428 182 68,458 1,620 1,552 94 71,724

 81,997 12,090 69,908 2,604 151,396 151,292 0 0 11 93 135 362 224,405 6,808 5,981 598 237,793

 132,608 27,674 104,935 8,706 25,141 25,131 0 0 3 7 324 400 139,505 1,559 1,612 113 142,789

 86,817 12,706 74,111 7,819 28,254 28,251 0 0 1 2 345 344 110,872 791 704 170 112,537

 31,005 4,064 26,942 2,831 4,840 4,833 0 0 0 7 232 172 35,016 238 209 59 35,522

 19,8 2,9 16,9 1,1 2,8 2,8     3 1 21,4 6 3 2 22,5
1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlyin5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.6. Refer to table 7 and the note on consolidation below.7. Refer to table 8 and the note on consolidation below.8. Refer to table 4 and the note on consolidation below.9. Refer to table 5 and the note on consolidation below.10. Refer to table 6 and the note on consolidation below.11. 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 fore

equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.

12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.13. Cash value of agreements, which are collateralized by U.S. Treasury securities.14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, M

LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refnote on consolidation below.

H.4.1

Note on consolidation:The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federawas extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On October 27, 2008, the FRBNY began extending loans to Commwas formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On October 21, 2008, the Federal Reserve Board authseries of LLCs funded through the Money Market Investor Funding Facility. These LLCs, which became operational on November 24, 2008, were established denominated certificates of deposit, bank notes, and commercial paper from eligible issuers. On November 25, 2008, a loan was extended to Maiden Lane IImulti-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap cowas extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment pInternational Group, Inc.The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC and the primary beneficiary of the other LLCs cited above. Consistent with generally aassets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page (and in of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in this tab

10. Statement of Condition of Each Federal Reserve Bank, July 1, 2009 (continued)
H.4.1

Federal Reserve notes outstanding

Less: Notes held by F.R. Banks not subject to collateralization

Federal Reserve notes to be collateralized

Collateral held against Federal Reserve notes

Gold certificate accountSpecial drawing rights certificate accountU.S. Treasury, agency debt, and mortgage-backed securities pledged1,2

Other assets pledged

Memo:Total U.S. Treasury, agency debt, and mortgage-backed securities1,2

Less: Face value of securities under reverse repurchase agreements

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged

11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' AccountsMillions of dollars

Federal Reserve notes and collateral Wednesday

 Jul 1, 2009

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 and term securities lending facilities; refer to table 1A.

 1,053,170 181,878 871,291 871,291 11,037 2,200 858,054 0 1,223,742 71,653 1,152,089