FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                               March 18, 2010
 
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended   Mar 17, 2010
Federal Reserve Banks                                     Mar 17, 2010 Mar 10, 2010 Mar 18, 2009
 
Reserve Bank credit                                        2,292,461   +   29,943   +  251,075    2,290,367
  Securities held outright (1)                             2,011,499   +   39,745   +1,264,852    2,010,556
    U.S. Treasury securities                                 776,615   +       38   +  301,927      776,629
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                           708,872            0   +  295,958      708,872
      Notes and bonds, inflation-indexed (2)                  43,777            0   +    4,399       43,777
      Inflation compensation (3)                               5,543   +       38   +    1,569        5,557
    Federal agency debt securities (2)                       168,052   +      327   +  122,584      167,488
    Mortgage-backed securities (4)                         1,066,832   +   39,380   +  840,342    1,066,440
  Repurchase agreements (5)                                        0            0            0            0
  Term auction credit                                          3,410   -   12,015   -  465,179        3,410
  Other loans                                                 85,320   +      169   -   52,859       85,105
    Primary credit                                            11,489   -    2,241   -   54,194       11,327
    Secondary credit                                             600   -      157   +      589          600
    Seasonal credit                                                9            0   +        6            9
    Primary dealer and other broker-dealer credit (6)              0            0   -   19,675            0
    Asset-Backed Commercial Paper Money Market
       Mutual Fund Liquidity Facility                              0            0   -    9,229            0
    Credit extended to American International
       Group, Inc., net (7)                                   24,983   +        8   -   18,596       24,982
    Term Asset-Backed Securities Loan Facility, net (8)       48,239   +    2,559   +   48,239       48,187
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (9)                                  7,759   +       10   -  233,271        7,764
  Net portfolio holdings of Maiden Lane LLC (10)              27,270   +        9   +    1,087       27,286
  Net portfolio holdings of Maiden Lane II LLC (11)           15,332   +        6   -    3,097       15,338
  Net portfolio holdings of Maiden Lane III LLC (12)          22,120   +      106   -    5,481       22,135
  Net portfolio holdings of TALF LLC (13)                        372            0   +      372          372
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (14)                                        25,106            0   +   25,106       25,106
  Float                                                       -1,830   +       58   +      396       -1,993
  Central bank liquidity swaps (15)                                0            0   -  329,586            0
  Other Federal Reserve assets (16)                           96,103   +    1,856   +   48,736       95,288
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0   +    3,000        5,200
Treasury currency outstanding (17)                            42,811   +       14   +      571       42,811

Total factors supplying reserve funds                      2,351,513   +   29,956   +  254,646    2,349,419
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended   Mar 17, 2010
Federal Reserve Banks                                     Mar 17, 2010 Mar 10, 2010 Mar 18, 2009
 
Currency in circulation (17)                                 932,848   +       72   +   31,084      933,748
Reverse repurchase agreements (18)                            56,249   +      975   -    9,331       55,696
  Foreign official and international accounts                 56,249   +      975   -    9,331       55,696
  Dealers                                                          0            0            0            0
Treasury cash holdings                                           203   -        1   -      102          218
Deposits with F.R. Banks, other than reserve balances        168,404   +   76,551   -  128,770      178,168
  U.S. Treasury, general account                              52,167   +   16,025   -   20,556       97,429
  U.S. Treasury, supplementary financing account              74,988   +   24,995   -  124,949       74,988
  Foreign official                                             2,750   +       75   +      647        2,746
  Service-related                                              2,693   -       47   -    1,772        2,693
    Required clearing balances                                 2,693   -       47   -    1,772        2,693
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       35,806   +   35,502   +   17,860          311
Other liabilities and capital (19)                            68,455   +    2,058   +   14,240       66,517

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,226,158   +   79,653   -   92,881    1,234,347

Reserve balances with Federal Reserve Banks                1,125,355   -   49,696   +  347,527    1,115,072
 
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. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and
   allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
8. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility, net of unamortized deferred administrative fees.
9.  Refer to table 7 and the note on consolidation accompanying table 11.
10. Refer to table 4 and the note on consolidation accompanying table 11.
11. Refer to table 5 and the note on consolidation accompanying table 11.
12. Refer to table 6 and the note on consolidation accompanying table 11.
13. Refer to table 8 and the note on consolidation accompanying table 11.
14. Refer to table 9.
15. 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.
16. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora
    LLC and ALICO Holdings LLC.
17. Estimated.
18. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
    securities.
19. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC,
    Maiden Lane III LLC, and TALF 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 11.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   Mar 17, 2010
Memorandum item                                           Mar 17, 2010 Mar 10, 2010 Mar 18, 2009
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 2,996,693   +   14,914   +  406,498    3,009,459
  U.S. Treasury securities                                 2,226,600   +   15,693   +  444,462    2,236,349
  Federal agency securities (2)                              770,093   -      779   -   37,965      773,110
Securities lent to dealers                                     5,222   -      117   -  104,531        5,934
  Overnight facility (3)                                       5,222   -      117   +    1,589        5,934
    U.S. Treasury securities                                   4,261   -      319   +      628        4,709
    Federal agency debt securities                               961   +      202   +      961        1,225
  Term facility (4)                                                0            0   -  106,120            0
 
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.

 
2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities,     March 17, 2010
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Term auction credit                            0        3,410          ...          ...          ...           ...        3,410
Other loans (1)                           11,094          841            0       73,169            0           ...       85,105
U.S. Treasury securities (2)
  Holdings                                16,476       24,343       43,617      333,967      214,314       143,911      776,629
  Weekly changes                      -      404   -       65   -      403   +      483   +      257    +      170   +       38
Federal agency debt securities (3)
  Holdings                                     0        2,782       26,212      101,617       34,530         2,347      167,488
  Weekly changes                      -    1,523   +      509   +    2,746   -    3,255            0             0   -    1,523
Mortgage-backed securities (4)
  Holdings                                     0            0            0           31           21     1,066,388    1,066,440
  Weekly changes                               0            0            0   +       14   +        1    +   37,254   +   37,268
Commercial paper held by
   Commercial Paper Funding
   Facility LLC (5)                            0        2,966            0          ...          ...           ...        2,966
Asset-backed securities held by
   TALF LLC (6)                                0            0            0            0            0             0            0
Repurchase agreements (7)                      0            0          ...          ...          ...           ...            0

Reverse repurchase agreements (7)         55,696            0          ...          ...          ...           ...       55,696
 
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, Maiden Lane
   LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
7. Cash value of agreements.

 
3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Mar 17, 2010 
 
Mortgage-backed securities held outright (1)                                                                           1,066,440

Commitments to buy mortgage-backed securities (2)                                                                         97,425
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                453
 
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 10 and table 11.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Mar 17, 2010 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             27,286

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 28,820
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         449
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,261
 
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
    December 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 11.
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 10 and table 11.

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.

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Mar 17, 2010 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          15,338

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 14,970
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         306
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,044
 
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
    December 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 11.
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
   10 and table 11.

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.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Mar 17, 2010 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         22,135

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 16,929
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         386
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,228
 
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
    December 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 11.
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 10 and table 11.

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.

 
7. Information on Principal Accounts of Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Mar 17, 2010 
 
Commercial paper holdings, net (1)                                                                                         2,892
Other investments, net                                                                                                     4,872
Net portfolio holdings of Commercial Paper Funding Facility LLC                                                            7,764

Memorandum: Commercial paper holdings, face value                                                                          2,966

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  2,942
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           1
 
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 11.

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. dollar-denominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and
increase the availability of credit for businesses and households.

 
8. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Mar 17, 2010 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       372
Net portfolio holdings of TALF LLC                                                                                           372

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                        103
 
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.
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 11.
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 10 and table 11.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $20 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
9. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in
AIA Aurora LLC and ALICO Holdings LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Mar 17, 2010 
 
Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                                          25,106
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                                        261

Preferred interests in AIA Aurora LLC (1)                                                                                 16,068
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                                               167

Preferred interests in ALICO Holdings LLC (1)                                                                              9,038
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                                            94
 
Note: Components may not sum to totals because of rounding.

1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

Note on preferred interests:

In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2,
2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for
preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies
were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd.
(AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC
and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred
interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis,
the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

 
10. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Mar 17, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Mar 10, 2010 Mar 18, 2009
 
Assets
Gold certificate account                                                    11,037             0            0
Special drawing rights certificate account                                   5,200             0   +    3,000
Coin                                                                         2,114    -       19   +      287
Securities, repurchase agreements, term auction
   credit, and other loans                                               2,099,071    +   25,082   +  735,675
  Securities held outright (1)                                           2,010,556    +   35,783   +1,251,091
    U.S. Treasury securities                                               776,629    +       38   +  301,925
      Bills (2)                                                             18,423             0            0
      Notes and bonds, nominal (2)                                         708,872             0   +  295,958
      Notes and bonds, inflation-indexed (2)                                43,777             0   +    4,399
      Inflation compensation (3)                                             5,557    +       38   +    1,567
    Federal agency debt securities (2)                                     167,488    -    1,523   +  119,216
    Mortgage-backed securities (4)                                       1,066,440    +   37,268   +  829,951
  Repurchase agreements (5)                                                      0             0            0
  Term auction credit                                                        3,410    -   12,015   -  465,179
  Other loans                                                               85,105    +    1,314   -   50,237
Net portfolio holdings of Commercial Paper
   Funding Facility LLC (6)                                                  7,764    +        7   -  232,949
Net portfolio holdings of Maiden Lane LLC (7)                               27,286    +       19   +    1,074
Net portfolio holdings of Maiden Lane II LLC (8)                            15,338    +        7   -    3,101
Net portfolio holdings of Maiden Lane III LLC (9)                           22,135    +       17   -    5,493
Net portfolio holdings of TALF LLC (10)                                        372             0   +      372
Preferred interests in AIA Aurora LLC and ALICO
   Holdings LLC (11)                                                        25,106             0   +   25,106
Items in process of collection                               (71)              343    +       44   -       45
Bank premises                                                                2,239    +        1   +       52
Central bank liquidity swaps (12)                                                0             0   -  329,012
Other assets (13)                                                           93,374    +      379   +   47,792

Total assets                                                 (71)        2,311,379    +   25,536   +  242,759
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
10. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Mar 17, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Mar 10, 2010 Mar 18, 2009
 
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                           893,265    -      358   +   30,533
Reverse repurchase agreements (14)                                          55,696    -      207   -    9,331
Deposits                                                      (0)        1,293,565    +   26,615   +  210,157
  Depository institutions                                                1,118,090    -   72,666   +  337,784
  U.S. Treasury, general account                                            97,429    +   74,137   -    2,950
  U.S. Treasury, supplementary financing account                            74,988    +   24,995   -  124,949
  Foreign official                                                           2,746    +      130   +      256
  Other                                                       (0)              311    +       16   +       16
Deferred availability cash items                             (71)            2,336    +       19   -      597
Other liabilities and accrued dividends (15)                                12,937    -    1,293   +    3,532

Total liabilities                                            (71)        2,257,799    +   24,775   +  234,294

Capital accounts
Capital paid in                                                             26,221    +      145   +    3,688
Surplus                                                                     25,499    +      110   +    4,359
Other capital accounts                                                       1,860    +      507   +      417

Total capital                                                               53,580    +      762   +    8,465
 
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 11.
7. Refer to table 4 and the note on consolidation accompanying table 11.
8. Refer to table 5 and the note on consolidation accompanying table 11.
9.  Refer to table 6 and the note on consolidation accompanying table 11.
10. Refer to table 8 and the note on consolidation accompanying table 11.
11. Refer to table 9.
12. 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.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
    and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora LLC and
    ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
    securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC,
    Maiden Lane III LLC, and TALF 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 11.


 
11. Statement of Condition of Each Federal Reserve Bank,     March 17, 2010
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
Gold certificate account                        11,037         412       3,895         450         467         882       1,356         911         329         197         335         621       1,182
Special drawing rights certificate acct.         5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
Coin                                             2,114          74          81         169         155         315         199         330          28          67         145         205         348
Securities, repurchase agreements, term
   auction credit, and other loans           2,099,071      38,583     871,751      31,298      79,507      72,632     242,424     217,958      78,795      33,303      90,761      97,983     244,075
  Securities held outright (1)               2,010,556      38,569     785,877      31,192      79,433      72,454     242,244     217,564      78,766      33,286      90,755      97,213     243,204
    U.S. Treasury securities                   776,629      14,898     303,565      12,049      30,683      27,987      93,573      84,040      30,425      12,857      35,056      37,551      93,944
      Bills (2)                                 18,423         353       7,201         286         728         664       2,220       1,994         722         305         832         891       2,228
      Notes and bonds (3)                      758,206      14,545     296,364      11,763      29,955      27,323      91,353      82,046      29,704      12,552      34,225      36,660      91,715
    Federal agency debt securities (2)         167,488       3,213      65,467       2,598       6,617       6,036      20,180      18,124       6,562       2,773       7,560       8,098      20,260
    Mortgage-backed securities (4)           1,066,440      20,458     416,845      16,545      42,133      38,431     128,491     115,400      41,779      17,655      48,138      51,564     129,000
  Repurchase agreements (5)                          0           0           0           0           0           0           0           0           0           0           0           0           0
  Term auction credit                            3,410           0       1,845          20          74         160         125         294          28           5           5           0         854
  Other loans                                   85,105          14      84,029          86           0          19          54         100           1          13           1         770          18
Net portfolio holdings of Commercial
   Paper Funding Facility LLC (6)                7,764           0       7,764           0           0           0           0           0           0           0           0           0           0
Net portfolio holdings of Maiden
   Lane LLC (7)                                 27,286           0      27,286           0           0           0           0           0           0           0           0           0           0
Net portfolio holdings of Maiden
   Lane II LLC (8)                              15,338           0      15,338           0           0           0           0           0           0           0           0           0           0
Net portfolio holdings of Maiden
   Lane III LLC (9)                             22,135           0      22,135           0           0           0           0           0           0           0           0           0           0
Net portfolio holdings of TALF LLC (10)            372           0         372           0           0           0           0           0           0           0           0           0           0
Preferred interests in AIA Aurora LLC
   and ALICO Holdings LLC (11)                  25,106           0      25,106           0           0           0           0           0           0           0           0           0           0
Items in process of collection                     414          12          96          33          85           7          31          23           8          37          17          37          28
Bank premises                                    2,239         121         260          70         143         238         220         209         136         110         267         252         213
Central bank liquidity swaps (12)                    0           0           0           0           0           0           0           0           0           0           0           0           0
Other assets (13)                               93,374       2,256      34,137       3,855       4,546       9,564       9,673       7,876       2,892       1,839       3,260       3,635       9,839
Interdistrict settlement account                     0   +   7,581   + 108,583   +  45,906   -  20,137   + 203,825   -  95,022   - 102,063   -  39,903   -   7,008   -  37,066   -  28,460   -  36,235

Total assets                                 2,311,450      49,235   1,118,624      81,991      65,003     287,875     159,535     125,668      42,434      28,634      57,872      74,555     220,025
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
11. Statement of Condition of Each Federal Reserve Bank,     March 17, 2010 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
Federal Reserve notes outstanding            1,079,178      35,222     392,853      38,643      44,443      83,006     137,014      86,223      32,547      19,810      28,579      65,444     115,393
  Less: Notes held by F.R. Banks               185,913       4,468      64,124       5,545       7,718      10,588      32,957      11,811       4,006       2,944       3,328      12,970      25,455
    Federal Reserve notes, net                 893,265      30,754     328,729      33,098      36,725      72,418     104,057      74,412      28,541      16,867      25,252      52,474      89,938
Reverse repurchase agreements (14)              55,696       1,068      21,770         864       2,200       2,007       6,711       6,027       2,182         922       2,514       2,693       6,737
Deposits                                     1,293,565      15,273     743,703      41,990      21,284     198,567      44,515      42,976      10,856       8,928      29,241      17,969     118,263
  Depository institutions                    1,118,090      15,249     568,351      41,985      21,288     198,497      44,513      42,969      10,844       8,927      29,239      17,968     118,259
  U.S. Treasury, general account                97,429           0      97,429           0           0           0           0           0           0           0           0           0           0
  U.S. Treasury, supplementary
     financing account                          74,988           0      74,988           0           0           0           0           0           0           0           0           0           0
  Foreign official                               2,746           1       2,717           4           3          11           2           1           0           1           0           1           3
  Other                                            311          22         216           0          -7          59           0           6          11           0           1           0           1
Deferred availability cash items                 2,407          60           0         208         598          85         163         167          56         309         115         204         442
Other liabilities and accrued
   dividends (15)                               12,937         190       8,632         216         310         534         713         634         265         159         266         329         690

Total liabilities                            2,257,870      47,346   1,102,835      76,376      61,118     273,611     156,158     124,215      41,899      27,184      57,387      73,669     216,070

Capital
Capital paid in                                 26,221         914       7,531       2,965       1,898       7,184       1,596         645         236         712         209         407       1,925
Surplus                                         25,499         945       7,512       2,650       1,910       7,080       1,581         620         240         712         210         353       1,687
Other capital                                    1,860          30         746           0          77           0         200         188          59          26          66         127         342

Total liabilities and capital                2,311,450      49,235   1,118,624      81,991      65,003     287,875     159,535     125,668      42,434      28,634      57,872      74,555     220,025
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

11. Statement of Condition of Each Federal Reserve Bank,     March 17, 2010 (continued)
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 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 below.
7. Refer to table 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9.  Refer to table 6 and the note on consolidation below.
10. Refer to table 8 and the note on consolidation below.
11. Refer to table 9.
12. 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.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and accrued dividends on the Federal Reserve Bank of New York's preferred interests in
    AIA Aurora LLC and ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 below.


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 Federal Reserve Act. On June 26, 2008, a loan was
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 Commercial Paper Funding Facility LLC, which was
formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase
multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan
was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American
International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities
received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC. The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S.
Treasury, the FRBNY is primarily responsible for directing the financial activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority
of any residual returns of the LLCs and absorb a majority of any residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets 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 this release. As a consequence of the 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 table 1 and table 10), and the liabilities 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 table (and table 1 and table 10).

 
12. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Mar 17, 2010 
 
Federal Reserve notes outstanding                                                          1,079,178
  Less: Notes held by F.R. Banks not subject to collateralization                            185,913
    Federal Reserve notes to be collateralized                                               893,265
Collateral held against Federal Reserve notes                                                893,265
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   877,028
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,010,556
  Less: Face value of securities under reverse repurchase agreements                          55,216
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      1,955,341
 
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.