Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 862,696 + 3,851 + 29,259 869,405

Securities held outright 779,568 - 12 + 10,917 779,586

U.S. Treasury1 779,568 - 12 + 10,917 779,586

Bills2 267,019 0 - 10,000 267,019

Notes and bonds, nominal2 471,977 - 165 + 12,580 470,984

Notes and bonds, inflation-indexed2 35,918 + 165 + 7,865 36,911

Inflation compensation3 4,654 - 13 + 472 4,672

Federal agency2 0 0 0 0

Repurchase agreements4 41,250 + 3,536 + 18,821 48,500

Loans to depository institutions 283 - 11 + 111 92

Primary credit 190 + 48 + 169 10

Secondary credit 0 - 57 0 0

Seasonal credit 93 - 2 - 59 82

Float -728 - 238 - 1,961 -745

Other Federal Reserve assets 42,323 + 576 + 1,370 41,972

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding5 38,695 + 14 + 562 38,695

Total factors supplying reserve funds 914,632 + 3,865 + 29,821 921,341

Currency in circulation5 813,082 + 271 + 18,345 815,303

Reverse repurchase agreements6 38,131 + 1,405 + 6,173 38,055

Foreign official and international accounts 38,131 + 1,405 + 6,173 38,055

Dealers 0 0 0 0

Treasury cash holdings 308 - 14 + 127 301

Deposits with F.R. Banks, other than reserve balances 12,005 - 27 - 300 11,780

U.S. Treasury, general account 4,950 - 96 - 32 4,307

Foreign official 169 + 70 + 80 601

Service-related 6,585 + 7 - 348 6,585

Required clearing balances 6,585 + 7 - 348 6,585

Adjustments to compensate for float 0 0 0 0

Other 301 - 8 + 1 287

Other liabilities and capital 42,181 + 241 + 5,493 41,849

Total factors, other than reserve balances,

absorbing reserve funds 905,708 + 1,877 + 29,839 907,288

Reserve balances with Federal Reserve Banks 8,924 + 1,988 - 18 14,053

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 2,032,260 + 1,651 + 338,302 2,027,987

U.S. Treasury 1,231,478 - 2,610 + 86,004 1,230,603

Federal agency 800,782 + 4,261 + 252,297 797,384

Securities lent to dealers 8,098 + 1,649 + 7,038 10,448

FEDERAL RESERVE statistical release

 November 1, 2007

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

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

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

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

5. Estimated.

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

7. Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.

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

Change from week ended Wednesday

 Oct 31, 2007 Week ended

 Oct 31, 2007 Oct 24, 2007 Nov 1, 2006
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

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

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

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

7. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 2,200 0 0

Coin 1,251 + 35 + 417

Securities, repurchase agreements, and loans 828,178 + 2,101 + 33,064

Securities held outright 779,586 + 12 + 9,668

U.S. Treasury1 779,586 + 12 + 9,668

Bills2 267,019 0 - 10,000

Notes and bonds, nominal2 470,984 - 1,158 + 11,919

Notes and bonds, inflation-indexed2 36,911 + 1,158 + 7,300

Inflation compensation3 4,672 + 11 + 449

Federal agency2 0 0 0

Repurchase agreements4 48,500 + 2,500 + 23,500

Loans 92 - 410 - 105

Items in process of collection (660) 2,210 - 144 - 7,405

Bank premises 2,118 + 12 + 206

Other assets5 39,936 - 49 + 1,100

Total assets (660) 886,929 + 1,956 + 27,381

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 778,155 + 1,454 + 18,066

Reverse repurchase agreements6 38,055 + 627 + 6,869

Deposits (0) 25,915 - 328 - 1,277

Depository institutions 20,720 - 387 - 1,051

U.S. Treasury, general account 4,307 - 430 - 700

Foreign official 601 + 502 + 510

Other (0) 287 - 13 - 36

Deferred availability cash items (660) 2,955 - 34 - 1,865

Other liabilities and accrued dividends7 5,724 - 210 + 163

Total liabilities (660) 850,803 + 1,507 + 21,954

Capital accounts

Capital paid in 17,947 + 191 + 2,834

Surplus 15,455 + 17 + 2,554

Other capital accounts 2,724 + 240 + 38

Total capital 36,126 + 448 + 5,426

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Nov 1, 2006

Eliminations from

consolidation Wednesday

 Oct 31, 2007

Wednesday

 Oct 24, 2007

3. Maturity Distribution of Loans and Securities, October 31, 2007

Millions of dollars

 Federal agency

securities

Weekly

changes Holdings

 U.S. Treasury

securities1

Holdings Weekly

changes

Loans Repurchase

agreements2

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

 . . . Not applicable.

1. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original

face value of such securities.

2. Cash value of agreements classified by remaining maturity of the agreements.

Reverse

repurchase

agreements2

Within 15 days 72 61,096 + 3,518 0 0 48,500 38,055

16 days to 90 days 20 148,087 - 9,908 0 0 0 0

91 days to 1 year 0 164,893 - 1,136 0 0 . . . . . . 

Over 1 year to 5 years . . . 243,868 + 7,549 0 0 . . . . . . 

Over 5 years to 10 years . . . 75,475 - 3 0 0 . . . . . . 

Over 10 years . . . 86,167 - 7 0 0 . . . . . . 

All 92 779,586 + 12 0 0 48,500 38,055

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on October 31, 2007Millions of dollars

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

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

and loans

Securities held outright

U.S. Treasury1

Bills2Notes and bonds3

Federal agency2

Repurchase agreements4Loans

Items in process of collectionBank premisesOther assets5Interdistrict settlement account

Total assets

Note: Components may not sum to totals because of rounding.1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.2. Face value of the securities.3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such sec4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

 11,037 2,200 1,251 828,178 779,586 779,586 267,019 512,567 0 48,500 92 2,869 2,118 39,936 0 887,589

Assets, liabilities, and capital

 4,053 874 70 299,848 282,286 282,286 96,687 185,599 0 17,562 0 60 216 12,348 +12,998 330,466

 449 115 43 38,163 35,928 35,928 12,306 23,622 0 2,235 0 74 119 1,335 - 3,656 36,642

 455 83 89 36,650 34,489 34,489 11,813 22,676 0 2,146 15 340 63 3,378 - 1,269 39,789

 428 104 114 33,888 31,903 31,903 10,927 20,976 0 1,985 0 313 154 2,304 - 2,078 35,226

 869 147 134 71,747 67,545 67,545 23,135 44,410 0 4,202 0 169 180 7,520 + 3,420 84,186

 1,117 166 172 76,803 72,305 72,305 24,765 47,539 0 4,498 0 270 230 3,408 - 66 82,099

 903 212 140 69,479 65,389 65,389 22,397 42,992 0 4,068 22 222 206 2,598 - 788 72,972

 326 71 50 26,467 24,916 24,916 8,534 16,382 0 1,550 1 55 110 807 + 2,344 30,230

 2   16,5 15,5 15,5 5,3 10,2  9  1 1 7 - 1,5 16,3
 1,001,409

 223,253 778,155 778,155 11,037 2,200 764,919 0 828,086 38,345 789,740

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

LiabilitiesFederal Reserve notes outstanding

Less: notes held by F.R. Banks

Federal Reserve notes, net

Reverse repurchase agreements1

Deposits

Depository institutionsU.S. Treasury, general accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends2

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

Note: Components may not sum to totals because of rounding.1. Cash value of agreements, which are collateralized by U.S. Treasury securities.2. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

 1,001,409 223,253 778,155 38,055 25,915 20,720 4,307 601 287 3,614 5,724 851,463 17,947 15,455 2,724 887,589

 38,044 6,234 31,810 1,754 980 975 0 1 4 178 267 34,989 981 396 276 36,642

 361,638 70,029 291,609 13,780 14,377 9,325 4,307 571 174 97 1,790 321,653 4,295 3,842 675 330,466

 40,813 7,954 32,859 1,684 766 761 0 5 0 533 281 36,123 1,813 1,811 42 39,789

 38,505 8,581 29,925 1,557 831 789 0 3 39 433 272 33,018 1,089 1,087 32 35,226

 81,610 14,906 66,704 3,297 2,911 2,796 0 11 103 330 677 73,918 5,093 4,099 1,076 84,186

 111,073 37,378 73,695 3,529 1,206 1,241 0 3 -38 360 549 79,340 1,410 1,278 71 82,099

 80,321 14,398 65,923 3,192 1,171 1,169 0 2 0 301 473 71,060 927 861 123 72,972

 31,931 3,961 27,970 1,216 369 366 0 0 3 74 224 29,853 179 167 31 30,230

 17,1 3,1 14,0 7 4 4    2 1 15,6 3 2  16,3

                

H.4.14. Statement of Condition of Each Federal Reserve Bank on October 31, 2007 (continued)Millions of dollars

Assets, liabilities, and capital

Federal Reserve notes outstanding

Less: Notes held by F.R. Banks

not subject to collateralization

Federal Reserve notes to be collateralized

Collateral held against Federal Reserve notes

Gold certificate accountSpecial drawing rights certificate accountU.S. Treasury and agency securities pledged1Other assets pledged

Memo:Total U.S. Treasury and agency securities1

Less: face value of securities under

reverse repurchase agreements

U.S. Treasury and agency securities

eligible to be pledged

5. Collateral Held against Federal Reserve Notes:Federal Reserve Agents' AccountsMillions of dollarsFederal Reserve notes and collateral Wednesday

 Oct 31, 2007

Note: Components may not sum to totals because of rounding.1. Includes face value of U.S. Treasury and agency securities held outright,

compensation to adjust for the effect of inflation on the original face value ofinflation-indexed securities, and cash value of repurchase agreements.