For release at 

4:30 p.m. EDT 

July 23, 2009 

The Board’s H.4.1 statistical release, “Factors Affecting Reserve Balances of Depository Institutions 

and Condition Statement of Federal Reserve Banks,” has been modified to reflect recent changes to 

the System Open Market Account (SOMA) securities lending program. Table 1A, “Memorandum 

Items,” now provides a breakdown of the amounts of U.S. Treasury securities and federal agency 

debt securities lent overnight to dealers. 

On July 7, 2009, the Federal Reserve announced that federal agency debt securities held in the 

SOMA portfolio would be offered for loan under the existing securities lending program. The 

securities lending program provides a temporary source of U.S. Treasury securities and now federal 

agency debt securities, to foster efficient and liquid trading in the market for these securities. Prior 

to July 9, 2009, only U.S. Treasury securities held in the SOMA portfolio were offered for loan 

under the securities lending program. 

When securities are lent, the Federal Reserve retains ownership of the securities, so the amount of 

securities held outright on tables 1, 9, and 10 includes the securities lent.

FEDERAL RESERVE statistical release 
Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 2,010,659 - 1,087 +1,126,759 2,023,907

Securities held outright1 1,325,951 + 60,244 + 846,862 1,340,871

U.S. Treasury securities 686,476 + 9,314 + 207,387 692,726

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

Notes and bonds, nominal2 618,575 + 7,742 + 206,183 624,575

Notes and bonds, inflation-indexed2 44,223 + 1,400 + 5,052 44,438

Inflation compensation3 5,255 + 172 - 532 5,291

Federal agency debt securities2 102,121 + 2,633 + 102,121 102,680

Mortgage-backed securities4 537,354 + 48,297 + 537,354 545,466

Repurchase agreements5 0 0 - 104,786 0

Term auction credit 237,634 - 36,057 + 87,634 237,634

Other loans 110,640 - 1,253 + 94,130 109,137

Primary credit 33,748 - 709 + 17,367 33,445

Secondary credit 31 + 31 - 3 121

Seasonal credit 89 + 15 - 7 90

Primary dealer and other broker-dealer credit6 0 0 0 0

Asset-Backed Commercial Paper Money

Market Mutual Fund Liquidity Facility 3,560 - 4,438 + 3,560 2,227

Credit extended to American International

Group, Inc.7 43,132 + 106 + 43,132 43,277

Term Asset-Backed Securities Loan Facility 30,080 + 3,742 + 30,080 29,978

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC8 110,501 - 1,859 + 110,501 109,846

Net portfolio holdings of LLCs funded through the

Money Market Investor Funding Facility9 0 0 0 0

Net portfolio holdings of Maiden Lane LLC10 25,989 + 31 - 3,036 26,056

Net portfolio holdings of Maiden Lane II LLC11 15,755 + 11 + 15,755 15,760

Net portfolio holdings of Maiden Lane III LLC12 18,817 + 33 + 18,817 18,837

Float -2,058 + 56 - 654 -2,049

Central bank liquidity swaps13 89,864 - 21,914 + 27,864 89,582

Other Federal Reserve assets14 77,565 - 379 + 33,671 78,232

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 42,473 + 14 + 3,797 42,473

Total factors supplying reserve funds 2,066,373 - 1,073 +1,130,555 2,079,620

FEDERAL RESERVE statistical release

 July 23, 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 22, 2009 Week ended

 Jul 22, 2009 Jul 15, 2009 Jul 23, 2008
Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Currency in circulation15 908,744 - 1,723 + 78,945 909,530

Reverse repurchase agreements16 67,805 - 955 + 25,195 66,833

Foreign official and international accounts 67,805 - 955 + 25,195 66,833

Dealers 0 0 0 0

Treasury cash holdings 347 - 1 + 69 337

Deposits with F.R. Banks, other than reserve balances 280,637 + 30,710 + 267,530 270,095

U.S. Treasury, general account 73,188 + 46,757 + 67,769 61,601

U.S. Treasury, supplementary financing account 199,936 - 3 + 199,936 199,936

Foreign official 1,736 - 1,225 + 1,635 1,884

Service-related 5,165 + 978 - 2,088 5,165

Required clearing balances 5,153 + 966 - 2,100 5,153

Adjustments to compensate for float 12 + 12 + 12 12

Other 612 - 15,797 + 277 1,509

Other liabilities and capital17 56,611 + 405 + 12,400 56,613

Total factors, other than reserve balances,

absorbing reserve funds 1,314,145 + 28,438 + 384,140 1,303,409

Reserve balances with Federal Reserve Banks 752,228 - 29,511 + 746,416 776,212

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 22, 2009 Week ended

 Jul 22, 2009 Jul 15, 2009 Jul 23, 2008
Marketable securities held in custody for foreign

 official and international accounts1 2,786,931 + 4,808 + 433,481 2,790,055

U.S. Treasury securities 1,995,795 + 14,007 + 623,371 1,997,994

Federal agency securities2 791,137 - 9,199 - 189,889 792,061

Securities lent to dealers 11,462 - 3,051 - 105,094 17,408

Overnight facility3 8,540 - 1,723 + 3,541 14,708

U.S. Treasury securities 8,355 - 1,754 + 3,356 14,587

Federal agency debt securities 185 + 31 + 185 121

Term facility4 2,921 - 1,329 - 108,636 2,700

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Week ended

 Jul 22, 2009

Change from week ended Wednesday

 Jul 22, 2009

 Jul 15, 2009 Jul 23, 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. U.S. Treasury securities only. 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 22, 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

 86,337

 27,600

 15,018

+ 377

 0

- 196

 0

 0

 81,508

 0

 0

 61,413

 66,833

...

 0

 63,994

+ 328

 12,751

+ 2,730

 0

 0

 0

 0

...

 0

...

...

 73,254

 277,376

+ 134

 66,649

- 2,730

 0

 0

...

...

...

 0

...

 151,298

 8,283

 23,891

+ 233

 750

 0

 0

 0

 24,501

 0

 0

 28,169

 0

...

 0

 183,943

+ 7,690

 21,203

+ 1,060

 0

 0

...

...

...

 0

...

...

...

 128,504

- 66

 1,327

+ 115

 545,466

+ 19,048

...

...

...

 0

...

 237,634

 109,137

 692,726

+ 8,696

 102,680

+ 979

 545,466

+ 19,048

 106,009

 0

 0

 89,582

 66,833
Wednesday

 Jul 22, 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

 26,056

 28,820

 348

 1,221

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 22, 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

 15,760

 17,232

 173

 1,022

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 22, 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

 545,466

 134,415

 19,180

 37

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 22, 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 22, 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

 105,848

 3,998

 109,846

 106,009

 105,359

 54

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 22, 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

 18,837

 20,757

 231

 5,119

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 1,838 + 46 + 504

Securities, repurchase agreements, term auction

credit, and other loans 1,687,643 - 11,484 + 936,943

Securities held outright1 1,340,871 + 28,721 + 861,750

U.S. Treasury securities 692,726 + 8,696 + 213,605

Bills2 18,423 0 - 3,317

Notes and bonds, nominal2 624,575 + 7,000 + 212,183

Notes and bonds, inflation-indexed2 44,438 + 1,499 + 5,267

Inflation compensation3 5,291 + 196 - 527

Federal agency debt securities2 102,680 + 979 + 102,680

Mortgage-backed securities4 545,466 + 19,048 + 545,466

Repurchase agreements5 0 0 - 103,750

Term auction credit 237,634 - 36,057 + 87,634

Other loans 109,137 - 4,149 + 91,307

Net portfolio holdings of Commercial Paper Funding

Facility LLC6 109,846 - 1,207 + 109,846

Net portfolio holdings of LLCs funded through the

Money Market Investor Funding Facility7 0 0 0

Net portfolio holdings of Maiden Lane LLC8 26,056 + 78 - 3,003

Net portfolio holdings of Maiden Lane II LLC9 15,760 + 6 + 15,760

Net portfolio holdings of Maiden Lane III LLC10 18,837 + 23 + 18,837

Items in process of collection (390) 438 - 18 - 993

Bank premises 2,211 + 10 + 53

Central bank liquidity swaps11 89,582 - 22,059 + 27,582

Other assets12 76,033 + 1,264 + 34,909

Total assets (390) 2,041,481 - 33,341 +1,140,437

H.4.1

9. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Jul 23, 2008

Eliminations from

consolidation Wednesday

 Jul 22, 2009

Wednesday

 Jul 15, 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 869,228 - 1,099 + 74,984

Reverse repurchase agreements13 66,833 + 491 + 24,684

Deposits (0) 1,046,319 - 32,871 +1,028,208

Depository institutions 781,389 - 27,435 + 770,421

U.S. Treasury, general account 61,601 - 3,633 + 54,881

U.S. Treasury, supplementary financing account 199,936 - 3 + 199,936

Foreign official 1,884 - 81 + 1,783

Other (0) 1,509 - 1,720 + 1,187

Deferred availability cash items (390) 2,487 - 399 - 464

Other liabilities and accrued dividends14 6,477 - 127 + 3,104

Total liabilities (390) 1,991,344 - 34,004 +1,130,516

Capital accounts

Capital paid in 24,516 + 4 + 4,612

Surplus 21,289 + 8 + 2,795

Other capital accounts 4,331 + 650 + 2,513

Total capital 50,137 + 663 + 9,921

H.4.1

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

Millions of dollars

Change since

Wednesday

 Jul 23, 2008

Eliminations from

consolidation Wednesday

 Jul 22, 2009

Wednesday

 Jul 15, 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.
    22, 22, 11,  11, 1, 9,           1, 1, - 3, 22,

 329 71 40 54,915 52,530 27,138 722 26,417 4,023 21,369 0 2,273 112 0 0 0 0 0 11 135 909 2,246 - 23,402 35,255

 911 212 223 150,006 145,097 74,960 1,994 72,967 11,111 59,025 0 3,575 1,334 0 0 0 0 0 10 207 3,048 6,263 - 51,192 109,688

 1,356 166 224 165,009 161,557 83,464 2,220 81,244 12,372 65,721 0 3,245 207 0 0 0 0 0 335 222 6,984 8,005 - 36,934 145,368

 882 147 241 52,162 48,321 24,964 664 24,300 3,700 19,657 0 3,399 441 0 0 0 0 0 32 238 25,915 9,123 + 154,856 243,597

 467 104 148 59,781 52,975 27,368 728 26,640 4,057 21,550 0 6,765 41 0 0 0 0 0 96 147 6,726 3,859 - 5,356 65,972

 412 115 61 38,463 25,722 13,289 353 12,935 1,970 10,464 0 10,317 2,424 0 0 0 0 0 19 121 3,659 2,020 + 5,094 49,963

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

auction credit, and other loans

Securities held outright1

U.S. Treasury securities

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 1,838 1,687,643 1,340,871 692,726 18,423 674,303 102,680 545,466 0 237,634 109,137 109,846 0 26,056 15,760 18,837 828 2,211 89,582 76,033 0 2,041,871

 450 83 154 29,058 20,802 10,747 286 10,461 1,593 8,462 0 8,027 229 0 0 0 0 0 118 68 10,032 3,612 + 11,085 54,659

 3,895 874 73 806,819 524,114 270,769 7,201 263,568 40,135 213,209 0 179,566 103,139 109,846 0 26,056 15,760 18,837 0 228 22,551 26,489 + 2,024 1,033,452

H.4.110. Statement of Condition of Each Federal Reserve Bank, July 22, 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 22, 2009 (continued)Millions of dollars

Assets, liabilities, and capital

 35,841 4,784 31,057 1,282 15,549 15,537 0 0 2 10 73 139 48,098 921 844 100 49,963

 1,056,027 186,799 869,228 66,833 1,046,319 781,389 61,601 199,936 1,884 1,509 2,877 6,477 1,991,734 24,516 21,289 4,331 2,041,871

 382,052 57,297 324,754 26,124 663,925 399,184 61,601 199,936 1,854 1,351 0 3,487 1,018,291 7,247 5,819 2,095 1,033,452

 39,817 6,828 32,990 1,037 14,949 14,944 0 0 4 1 393 146 49,514 2,607 2,316 222 54,659

 45,150 8,404 36,747 2,640 22,709 22,705 0 0 3 1 344 213 62,653 1,635 1,552 132 65,972

 82,592 12,796 69,796 2,408 157,358 157,224 0 0 11 123 97 398 230,057 6,809 5,981 749 243,597

 132,398 28,002 104,396 8,052 28,879 28,870 0 0 3 7 250 494 142,071 1,559 1,612 126 145,368

 86,345 13,459 72,887 7,232 27,169 27,166 0 0 1 2 285 425 107,998 791 704 195 109,688

 31,054 4,344 26,710 2,618 5,095 5,082 0 0 0 13 113 201 34,737 238 209 70 35,255

 19,8 3,1 16,6 1,1 2,8 2,8     2 1 21,0 6 3 2 22,2
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 22, 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 22, 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.

 1,056,027 186,799 869,228 869,228 11,037 2,200 855,991 0 1,340,871 66,962 1,273,909