FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             April 27, 2006
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at           Apr 26, 2006 Apr 19, 2006 Apr 27, 2005 Apr 26, 2006
Federal Reserve Banks

Reserve Bank Credit                                         820,179    -   3,555    +  33,470      827,480
 Securities held outright                                   758,896    +     325    +  40,955      759,683       
    U.S. Treasury (1)                                       758,896    +     325    +  40,955      759,683
       Bills (2)                                            275,370            0    +  12,365      275,370
       Notes and bonds, nominal (2)                         457,490    +     313    +  24,090      458,273
       Notes and bonds, inflation-indexed (2)                22,646            0    +   3,538       22,646
       Inflation compensation (3)                             3,390    +      12    +     962        3,394
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    21,536    -   4,785    -   5,785       26,750
 Loans to depository institutions                               119    +      32    +      17          105
    Primary credit                                               29    +      26    +      22            1
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              90    +       6    -       6          105
 Float                                                         -879    +     365    -     560           93
 Other Federal Reserve assets                                40,507    +     508    -   1,155       40,848
Gold stock                                                   11,043            0    +       2       11,043
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            36,707    +      14    +     162       36,707
       
Total factors supplying reserve funds                       870,129    -   3,542    +  33,634      877,430
                                                                   
Currency in circulation(5)                                  789,437    -     499    +  36,817      790,883
Reverse repurchase agreements (6)                            24,053    -   1,357    -   1,441       22,910
   Foreign official and international accounts               24,053    -   1,357    -   1,441       22,910
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          199    -       9    -      61          182
Deposits with F.R.Banks, other than reserve balances         12,934    -      64    -   1,471       13,586       
  U.S. Treasury, general account                              4,953    -      46    -     633        5,610
  Foreign official                                               85    +       2    -      10           85
  Service-related                                             7,611    +       2    -     813        7,611
     Required clearing balances                               7,611    +       2    -     813        7,611
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         284    -      24    -      16          280
Other liabilities and capital                                33,488    +     467    +   4,620       33,189

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  860,111    -   1,463    +  38,463      860,750

Reserve balances with Federal Reserve Banks                  10,018    -   2,079    -   4,829       16,680
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,603,645    -   1,059    + 212,828    1,610,446
     U.S. Treasury                                        1,117,558    -  12,772    +  41,299    1,117,715
     Federal agency                                         486,088    +  11,714    + 171,530      492,732
  Securities lent to dealers                                    487    -     250    -   1,108          443   


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.


2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation Apr 26, 2006     Apr 19, 2006     Apr 27, 2005

Assets
Gold certificate account                                        11,039                0        +       2
Special drawing rights certificate account                       2,200                0                0
Coin                                                               805        +       4        +      95
Securities, repurchase agreements, and loans                   786,539        +   6,626        +  37,046
   Securities held outright                                    759,683        +   1,108        +  41,045
      U.S. Treasury (1)                                        759,683        +   1,108        +  41,045       
         Bills (2)                                             275,370                0        +  12,365
         Notes and bonds, nominal (2)                          458,273        +   1,096        +  24,188
         Notes and bonds, inflation-indexed (2)                 22,646                0        +   3,538
         Inflation compensation (3)                              3,394        +      12        +     955
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    26,750        +   5,500        -   4,000    
   Loans                                                           105        +      17                0
Items in process of collection                    (1,454)        6,285        +     869        -     364
Bank premises                                                    1,833                0        +      24
Other assets (5)                                                39,010        +     741        -     747
      Total assets                                (1,454)      847,711        +   8,240        +  36,055
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  755,158        -     118        +  36,342
Reverse repurchase agreements (6)                               22,910        -   1,819        -   2,158
Deposits                                              (0)       30,259        +  10,065        -   1,393       
  Depository institutions                                       24,284        +   9,701        -     631
  U.S. Treasury, general account                                 5,610        +     365        -     746
  Foreign official                                                  85                0        -       3
  Other                                               (0)          280        -       1        -      14
Deferred availability cash items                  (1,454)        6,194        -     115        -   1,406
Other liabilities and accrued dividends (7)                      4,650        +      56        +   1,318
      Total liabilities                           (1,454)      819,172        +   8,071        +  32,704
                          
Capital Accounts
Capital paid in                                                 13,816        +      65        +   1,074
Surplus                                                         12,901                0        +   1,544
Other capital accounts                                           1,822        +     105        +     733
      Total capital                                             28,538        +     168        +   3,350


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 securites.
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.



3. Maturity Distribution of Loans and Securities,     April 26, 2006
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days              97       63,186   +   2,271            0           0       26,750       22,910
16 days to 90 days           9      166,349   -   1,101            0           0            0            0
91 days to 1 year            0      177,830   -   1,168            0           0     ------      ------
Over 1 to 5 years     ------        216,926   +   1,099            0           0     ------      ------
Over 5 to 10 years    ------         55,384   +       2            0           0     ------      ------
Over 10 years         ------         80,009   +       6            0           0     ------      ------
                   		 	
All                        105      759,683   +   1,108            0           0       26,750      22,910

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.



4. Statement of Condition of Each Federal Reserve Bank on     April 26, 2006
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,039        486      4,141        463        446        853      1,023        947        328        211        324        575      1,242
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             805         41         66         45         67         69         85         96         43         38         64         70        121
Securities, repurchase agreements,
      and loans                              786,539     36,263    307,930     32,982     32,803     63,107     63,598     69,804     24,146     15,462     22,258     34,095     84,090
   Securities held outright                  759,683     36,251    281,180     32,982     32,803     63,107     63,598     69,754     24,136     15,444     22,245     34,094     84,089
      U.S. Treasury (1)                      759,683     36,251    281,180     32,982     32,803     63,107     63,598     69,754     24,136     15,444     22,245     34,094     84,089
         Bills (2)                           275,370     13,140    101,922     11,955     11,890     22,875     23,053     25,284      8,749      5,598      8,063     12,358     30,481
         Notes and bonds(3)                  484,314     23,111    179,258     21,027     20,913     40,232     40,545     44,470     15,387      9,846     14,182     21,735     53,609
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                26,750          0     26,750          0          0          0          0          0          0          0          0          0          0
      Loans                                      105         12          0          0          0          0          0         50         10         18         13          2          1
Items in process of collection                 7,739        506        407        315        590        375      2,215        325        334        241        721        582      1,127
Bank premises                                  1,833        113        206         55        157        153        232        208         70        118         96        259        167
Other assets(5)                               39,010      1,258     14,121      1,845      2,284      6,916      2,760      2,792        782        715        742        987      3,808
Interdistrict settlement account                   0    - 1,426    - 2,845    +   654    -   588    + 5,704    + 1,479    - 5,604    -   384    -   107    + 1,625    - 2,201    + 3,694
          Total Assets                       849,165     37,357    324,900     36,442     35,864     77,324     71,557     68,780     25,390     16,709     25,895     34,464     94,484

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 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.




4. Statement of Condition of Each Federal Reserve Bank on     April 26, 2006
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding             916,483     38,526    335,177     39,447     36,927     73,711     87,016     75,595     27,631     17,507     27,452     49,277    108,216
  Less: notes held by F.R. Banks              161,325      4,623     43,304      6,988      6,172     12,764     22,963     13,283      4,140      2,507      4,189     17,886     22,504
    Federal Reserve notes, net                755,158     33,903    291,873     32,458     30,755     60,947     64,053     62,312     23,491     15,000     23,263     31,391     85,712
Reverse repurchase agreements (1)              22,910      1,093      8,480        995        989      1,903      1,918      2,104        728        466        671      1,028      2,536
Deposits                                       30,259        938     14,541        609        988      5,313      2,079      1,754        533        293        565        718      1,929
  Depository institutions                      24,284        937      8,700        606        984      5,203      2,076      1,751        532        292        563        716      1,924
  U.S. Treasury, general account                5,610          0      5,610          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 85          1         56          2          3         11          3          3          0          1          1          0          4
  Other                                           280          0        175          0          1         99          0          0          0          0          1          2          0
Deferred availability cash items                7,648        507        779        651        828        587        934        321        157        320        876        660      1,028
Other liabilities and accrued                 
  dividends (2)                                 4,650        231      1,539        215        231        492        398        421        168        125        152        214        464
   
    Total liabilities                         820,626     36,673    317,212     34,928     33,791     69,242     69,381     66,911     25,077     16,205     25,526     34,012     91,669
                              
Capital                    
Capital paid in                                13,816        324      3,670        727      1,009      4,006      1,052        896        148        242        173        210      1,358
Surplus                                        12,901        317      3,685        744      1,013      3,307        892        876        144        245        175        153      1,349
Other capital                                   1,822         43        333         43         51        768        233         97         20         17         21         90        107
     Total liabilities and capital            849,165     37,357    324,900     36,442     35,864     77,324     71,557     68,780     25,390     16,709     25,895     34,464     94,484
                              

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.


5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars



Federal Reserve notes and collateral        Wednesday
                                          Apr 26, 2006
              
Federal Reserve notes outstanding             916,483
   Less: Notes held by F.R. Banks
         not subject to collateralization     161,325
      Federal Reserve Notes to be
         collateralized                       755,158 
Collateral held against Federal Reserve            
   notes                                      755,158
   Gold certificate account                    11,039
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              741,919
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         786,433
   Less:face value of securities under
         reverse repurchase agreements         22,937
      U.S. Treasury and agency securities
             eligible to be pledged           763,496
   

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 of inflation-indexed securities, and cash value of repurchase agreements.