Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 2,116,487 + 75,111 +1,249,397 2,179,377

Securities held outright 1,025,649 + 36,147 + 505,595 1,081,591

U.S. Treasury securities1 569,426 + 15,338 + 49,372 577,091

Bills2 18,423 0 - 32,044 18,423

Notes and bonds, nominal2 505,114 + 15,313 + 79,725 512,770

Notes and bonds, inflation-indexed2 41,253 0 + 2,082 41,253

Inflation compensation3 4,636 + 25 - 392 4,645

Federal agency debt securities2 72,109 + 2,530 + 72,109 72,955

Mortgage-backed securities4 384,115 + 18,280 + 384,115 431,545

Repurchase agreements5 0 0 - 95,821 0

Term auction credit 428,835 + 25,262 + 303,835 428,835

Other loans 123,957 + 19,819 + 92,912 132,049

Primary credit 39,872 - 1,069 + 25,456 41,803

Secondary credit 0 - 6 - 1 0

Seasonal credit 9 + 5 - 28 11

Primary dealer and other broker-dealer credit6 482 - 161 - 16,110 0

Asset-Backed Commercial Paper Money

Market Mutual Fund Liquidity Facility 28,781 + 18,111 + 28,781 28,616

Credit extended to American International

Group, Inc.7 45,702 + 206 + 45,702 45,704

Term Asset-Backed Securities Loan Facility 9,110 + 2,731 + 9,110 15,915

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC8 166,926 + 2,186 + 166,926 163,209

Net portfolio holdings of LLCs funded through the

Money Market Investor Funding Facility9 0 0 0 0

Net portfolio holdings of Maiden Lane LLC10 25,675 - 709 + 25,675 25,693

Net portfolio holdings of Maiden Lane II LLC11 16,144 - 1,872 + 16,144 16,150

Net portfolio holdings of Maiden Lane III LLC12 20,231 - 6,185 + 20,231 20,305

Float -2,120 + 132 - 909 -2,992

Central bank liquidity swaps13 246,500 - 2,802 + 194,500 246,838

Other Federal Reserve assets14 64,689 + 3,133 + 20,308 67,699

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 42,345 + 14 + 3,582 42,345

Total factors supplying reserve funds 2,172,073 + 75,125 +1,252,979 2,234,964

FEDERAL RESERVE statistical release

 May 14, 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

 May 13, 2009 Week ended

 May 13, 2009 May 6, 2009 May 14, 2008
Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Currency in circulation15 904,814 + 964 + 89,054 905,709

Reverse repurchase agreements16 68,019 + 1,694 + 28,968 70,894

Foreign official and international accounts 68,019 + 1,694 + 28,968 70,894

Dealers 0 0 0 0

Treasury cash holdings 290 - 18 + 35 291

Deposits with F.R. Banks, other than reserve balances 292,307 - 1,823 + 280,171 281,308

U.S. Treasury, general account 76,059 - 11,024 + 71,402 57,167

U.S. Treasury, supplementary financing account 199,933 + 4 + 199,933 199,933

Foreign official 1,942 + 278 + 1,844 2,547

Service-related 4,339 - 4 - 2,705 4,340

Required clearing balances 4,339 - 4 - 2,704 4,340

Adjustments to compensate for float 0 0 - 1 0

Other 10,034 + 8,924 + 9,698 17,322

Other liabilities and capital17 48,344 - 6,890 + 4,033 49,373

Total factors, other than reserve balances,

absorbing reserve funds 1,313,773 - 6,074 + 402,260 1,307,577

Reserve balances with Federal Reserve Banks 858,300 + 81,199 + 850,719 927,387

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

 May 13, 2009 Week ended

 May 13, 2009 May 6, 2009 May 14, 2008
Marketable securities held in custody for foreign

 official and international accounts1 2,683,641 + 23,485 + 404,967 2,696,945

U.S. Treasury securities 1,867,416 + 18,945 + 518,768 1,879,425

Federal agency securities2 816,225 + 4,540 - 113,800 817,520

Securities lent to dealers 38,021 + 186 - 112,520 39,656

Overnight facility3 5,471 + 186 - 6,981 7,106

Term facility4 32,550 0 - 105,539 32,550

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Week ended

 May 13, 2009

Change from week ended Wednesday

 May 13, 2009

 May 6, 2009 May 14, 2008

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

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

2. Includes debt and mortgage-backed securities.

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

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

Memorandum item

H.4.1

91 days to

1 year

2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, May 13, 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

 111,808

 41,005

 25,044

- 3,520

 0

 0

 0

 0

 24,514

 0

 0

 144,251

 70,894

...

 113

 64,998

+ 2

 4,770

 0

 0

 0

 0

 0

...

 0

...

...

 61,620

 229,896

+ 12,962

 49,829

 0

 0

 0

...

...

...

 0

...

 317,028

 29,311

 17,240

+ 3,520

 196

 0

 0

 0

 136,088

 0

 0

 102,587

 0

...

...

 127,416

+ 6

 17,625

+ 1,328

 0

 0

...

...

...

 0

...

...

...

 112,497

+ 3,521

 535

+ 153

 431,545

+ 65,725

...

...

...

 0

...

 428,835

 132,049

 577,091

+ 16,490

 72,955

+ 1,481

 431,545

+ 65,725

 160,602

 0

 0

 246,838

 70,894
Wednesday

 May 13, 2009

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Net portfolio holdings of Maiden Lane LLC1

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

Accrued interest payable to the Federal Reserve Bank of New York2

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

 25,693

 28,820

 320

 1,209

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

 May 13, 2009

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Net portfolio holdings of Maiden Lane II LLC1

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

Accrued interest payable to the Federal Reserve Bank of New York2

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

 16,150

 17,877

 128

 1,015

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

 May 13, 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

 431,545

 129,753

 110,730

 500

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

 May 13, 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

 May 13, 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

 159,666

 3,542

 163,209

 160,602

 159,612

 39

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

 May 13, 2009

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Net portfolio holdings of Maiden Lane III LLC1

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

Accrued interest payable to the Federal Reserve Bank of New York2

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

 20,305

 22,992

 174

 5,086

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 1,860 - 41 + 474

Securities, repurchase agreements, term auction

credit, and other loans 1,642,476 + 119,971 + 873,915

Securities held outright 1,081,591 + 83,696 + 565,935

U.S. Treasury securities1 577,091 + 16,490 + 61,435

Bills2 18,423 0 - 31,187

Notes and bonds, nominal2 512,770 + 16,465 + 90,954

Notes and bonds, inflation-indexed2 41,253 0 + 2,082

Inflation compensation3 4,645 + 25 - 414

Federal agency debt securities2 72,955 + 1,481 + 72,955

Mortgage-backed securities4 431,545 + 65,725 + 431,545

Repurchase agreements5 0 0 - 100,000

Term auction credit 428,835 + 25,262 + 303,835

Other loans 132,049 + 11,012 + 104,144

Net portfolio holdings of Commercial Paper Funding

Facility LLC6 163,209 - 5,271 + 163,209

Net portfolio holdings of LLCs funded through the

Money Market Investor Funding Facility7 0 0 0

Net portfolio holdings of Maiden Lane LLC8 25,693 + 21 + 25,693

Net portfolio holdings of Maiden Lane II LLC9 16,150 + 7 + 16,150

Net portfolio holdings of Maiden Lane III LLC10 20,305 + 86 + 20,305

Items in process of collection (532) 360 - 555 - 1,922

Bank premises 2,194 0 + 47

Central bank liquidity swaps11 246,838 - 2,464 + 194,838

Other assets12 65,514 + 4,826 + 23,532

Total assets (532) 2,197,835 + 116,578 +1,316,241

H.4.1

9. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 May 14, 2008

Eliminations from

consolidation Wednesday

 May 13, 2009

Wednesday

 May 6, 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 865,511 - 358 + 84,722

Reverse repurchase agreements13 70,894 + 5,750 + 31,780

Deposits (0) 1,208,705 + 109,901 +1,193,746

Depository institutions 931,737 + 106,114 + 921,163

U.S. Treasury, general account 57,167 - 13,516 + 53,147

U.S. Treasury, supplementary financing account 199,933 + 4 + 199,933

Foreign official 2,547 + 1,337 + 2,450

Other (0) 17,322 + 15,963 + 17,054

Deferred availability cash items (532) 3,351 - 807 + 722

Other liabilities and accrued dividends14 6,281 + 350 + 2,705

Total liabilities (532) 2,154,743 + 114,837 +1,313,677

Capital accounts

Capital paid in 22,938 - 63 + 3,077

Surplus 18,141 + 894 - 338

Other capital accounts 2,013 + 910 - 176

Total capital 43,092 + 1,741 + 2,564

H.4.1

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

Millions of dollars

Change since

Wednesday

 May 14, 2008

Eliminations from

consolidation Wednesday

 May 13, 2009

Wednesday

 May 6, 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.
    18, 17, 9,  9, 1, 7,           3, 1, - 2, 22,

 329 71 38 46,153 42,373 22,608 722 21,886 2,858 16,906 0 3,704 77 0 0 0 0 0 170 135 2,555 1,852 - 14,899 36,404

 911 212 228 124,828 117,040 62,447 1,994 60,454 7,895 46,698 0 5,964 1,824 0 0 0 0 0 1 207 8,570 5,152 - 35,373 104,738

 1,356 166 210 147,066 130,317 69,532 2,220 67,312 8,790 51,995 0 16,453 296 0 0 0 0 0 15 222 19,635 6,769 - 23,928 151,511

 882 147 247 125,851 38,977 20,797 664 20,133 2,629 15,552 0 86,160 714 0 0 0 0 0 88 235 72,858 8,574 + 47,188 256,070

 467 104 153 49,725 42,732 22,800 728 22,072 2,882 17,050 0 6,988 6 0 0 0 0 0 91 146 18,910 3,410 + 3,260 76,266

 412 115 70 64,195 20,748 11,070 353 10,717 1,400 8,278 0 14,642 28,805 0 0 0 0 0 28 122 10,286 1,798 + 16,062 93,089

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

auction credit, and other loans

Securities held outright

U.S. Treasury securities1

Bills2Notes and bonds3

Federal agency debt securities2Mortgage-backed securities4

Repurchase agreements5Term auction creditOther loans

Net portfolio holdings of Commercial

Paper Funding Facility LLC6

Net portfolio holdings of LLCs funded

through the Money Market InvestorFunding Facility7

Net portfolio holdings of Maiden

Lane LLC8

Net portfolio holdings of Maiden

Lane II LLC9

Net portfolio holdings of Maiden

Lane III LLC10

Items in process of collectionBank premisesCentral bank liquidity swaps11

Other assets12Interdistrict settlement account

Total assets

 11,037 2,200 1,860 1,642,476 1,081,591 577,091 18,423 558,669 72,955 431,545 0 428,835 132,049 163,209 0 25,693 16,150 20,305 892 2,194 246,838 65,514 0 2,198,367

 450 83 155 41,025 16,780 8,953 286 8,667 1,132 6,695 0 24,099 146 0 0 0 0 0 244 66 28,205 3,351 - 11,645 61,934

 3,895 874 86 756,148 422,768 225,571 7,201 218,370 28,516 168,680 0 234,882 98,498 163,209 0 25,693 16,150 20,305 0 215 58,382 22,593 - 1,287 1,066,264

H.4.110. Statement of Condition of Each Federal Reserve Bank, May 13, 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, May 13, 2009 (continued)Millions of dollars

Assets, liabilities, and capital

 36,803 4,722 32,081 1,360 57,530 57,520 0 0 2 8 110 136 91,216 912 844 117 93,089

 1,050,976 185,464 865,511 70,894 1,208,705 931,737 57,167 199,933 2,547 17,322 3,883 6,281 2,155,275 22,938 18,141 2,013 2,198,367

 373,727 59,261 314,466 27,711 711,433 434,612 57,167 199,933 2,518 17,203 0 3,611 1,057,221 6,371 2,672 0 1,066,264

 40,317 5,129 35,189 1,100 19,885 19,880 0 0 4 0 723 175 57,072 2,410 2,316 137 61,934

 45,231 7,780 37,451 2,801 32,120 32,116 0 0 3 1 418 203 72,993 1,591 1,552 130 76,266

 79,247 12,294 66,953 2,555 172,907 172,793 0 0 11 103 150 477 243,042 6,531 5,981 516 256,070

 133,625 28,923 104,701 8,542 34,155 34,151 0 0 3 0 315 394 148,106 1,562 1,612 231 151,511

 87,651 12,895 74,756 7,672 19,842 19,840 0 0 1 0 406 333 103,008 793 704 233 104,738

 31,325 4,036 27,290 2,777 5,437 5,432 0 0 0 5 202 167 35,873 240 210 81 36,404

 20,1 3,0 17,0 1,1 2,5 2,5     3 1 21,2 4 3 1 22,1
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, May 13, 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

 May 13, 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.

 1,050,976 185,464 865,511 865,511 11,037 2,200 852,275 0 1,081,591 66,652 1,014,939