FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                February 11, 2016


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  Feb 10, 2016 
Federal Reserve Banks                                     Feb 10, 2016  Feb 3, 2016 Feb 11, 2015              

Reserve Bank credit                                         4,446,480   +    1,594   -   15,891    4,447,120  
  Securities held outright (1)                              4,236,707   -       91   +      192    4,236,672  
    U.S. Treasury securities                                2,461,209   -       92   +      660    2,461,174  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,639            0   -       72    2,346,639  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +       65       98,534  
      Inflation compensation (3)                               16,037   -       92   +      668       16,002  
    Federal agency debt securities (2)                         31,318            0   -    5,965       31,318  
    Mortgage-backed securities (4)                          1,744,180   +        1   +    5,498    1,744,180  
  Unamortized premiums on securities held outright (5)        187,446   -      346   -   17,710      187,319  
  Unamortized discounts on securities held outright (5)       -16,392   +       28   +    1,816      -16,380  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                            22   -       51   +        9           11  
    Primary credit                                                 12   -       53   +        4            0  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                 9   +        1   +        4           11  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,722            0   +       36        1,722  
  Float                                                           -87   -       10   +      333         -287  
  Central bank liquidity swaps (8)                                 91            0   +       91           91  
  Other Federal Reserve assets (9)                             36,971   +    2,065   -      657       37,972  
Foreign currency denominated assets (10)                       20,274   +      568   +       63       20,458  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             47,651   +       14   +    1,147       47,651  
                                                                                                              
Total factors supplying reserve funds                       4,530,646   +    2,176   -   14,680    4,531,469  

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  Feb 10, 2016 
Federal Reserve Banks                                     Feb 10, 2016  Feb 3, 2016 Feb 11, 2015              

Currency in circulation (11)                                 1,416,791   +    3,055   +   78,903    1,419,334 
Reverse repurchase agreements (12)                             284,923   -   36,706   +   40,385      282,372 
  Foreign official and international accounts                  236,382   +    4,232   +  114,506      234,398 
  Others                                                        48,541   -   40,937   -   74,121       47,974 
Treasury cash holdings                                             248   -       16   +       46          241 
Deposits with F.R. Banks, other than reserve balances          339,672   -   31,826   -   22,694      299,905 
  Term deposits held by depository institutions                      0            0   -  188,083            0 
  U.S. Treasury, General Account                               317,303   -   33,555   +  158,396      276,161 
  Foreign official                                               5,269   -        7   +       52        5,237 
  Other (13)                                                    17,100   +    1,736   +    6,941       18,507 
Other liabilities and capital (14)                              47,186   +      814   -   16,539       46,477 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,088,820   -   64,679   +   80,100    2,048,330 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,441,826   +   66,855   -   94,781    2,483,140 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; 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. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
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.     
9.  Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
14. Includes the liability for earnings remittances due to the U.S. Treasury.                               
                                                                                                            



Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Feb 10, 2016 
                                                          Feb 10, 2016  Feb 3, 2016 Feb 11, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,267,201   -    6,312   +    6,938    3,263,713 
  Marketable U.S. Treasury securities (1)                    2,955,398   -    6,831   +   24,152    2,951,907 
  Federal agency debt and mortgage-backed securities (2)       263,699   +      285   -   22,741      263,538 
  Other securities (3)                                          48,103   +      233   +    5,525       48,268 
Securities lent to dealers                                      12,773   -    2,715   +    1,505       12,681 
  Overnight facility (4)                                        12,773   -    2,715   +    1,505       12,681 
    U.S. Treasury securities                                    12,727   -    2,694   +    1,894       12,637 
    Federal agency debt securities                                  46   -       22   -      389           44 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           






2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, February 10, 2016   

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                            0            11             0             0             0           ...            11 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                   4,868        83,192       136,531     1,118,217       485,016       633,351     2,461,174 
  Weekly changes                                 0             0    -        6    -       16    -       13    -       59    -       95 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         4,222        10,916        13,833             0         2,347        31,318 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           699         8,903     1,734,578     1,744,180 
  Weekly changes                                 0             0             0             0    +       30    -       30    +        1 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)                91             0             0             0             0             0            91 
                                                                                                                                       
Reverse repurchase agreements (4)          282,372             0           ...           ...           ...           ...       282,372 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  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.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  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.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Feb 10, 2016  

Mortgage-backed securities held outright (1)                                                                             1,744,180  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           37,529  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    2  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
2.  Current face value. Generally settle within 180 days and include commitments associated with            
    outright transactions, dollar rolls, and coupon swaps.                                              
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Feb 10, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,722  
                                                                                                                                    
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  
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                    0  



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, 2015. 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 6.                                                  
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 5 and table 6.                      


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. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Feb 10, 2016   Wednesday    Wednesday  
                                                        consolidation                 Feb 3, 2016 Feb 11, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        2,006   +        7   +       49  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,407,622   -      399   -   15,289  
    Securities held outright (1)                                          4,236,672   -       94   +      609  
      U.S. Treasury securities                                            2,461,174   -       95   +      684  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,639            0   -       72  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +       65  
        Inflation compensation (3)                                           16,002   -       95   +      692  
      Federal agency debt securities (2)                                     31,318            0   -    5,559  
      Mortgage-backed securities (4)                                      1,744,180   +        1   +    5,484  
    Unamortized premiums on securities held outright  
    (5)                                                                     187,319   -      337   -   17,708  
    Unamortized discounts on securities held outright 
    (5)                                                                     -16,380   +       31   +    1,816  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                        11   +        1   -        6  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,722            0   +       36  
  Items in process of collection                                   (0)          172   -       19   -        2  
  Bank premises                                                               2,231   +        1   -       22  
  Central bank liquidity swaps (8)                                               91            0   +       91  
  Foreign currency denominated assets (9)                                    20,458   +      457   +      374  
  Other assets (10)                                                          35,741   +    2,739   -      643  
                                                                                                               
Total assets                                                       (0)    4,486,278   +    2,783   -   15,407  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Feb 10, 2016   Wednesday    Wednesday  
                                                        consolidation                 Feb 3, 2016 Feb 11, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,373,926   +    3,672   +   75,819 
  Reverse repurchase agreements (11)                                         282,372   -    9,899   +   33,797 
  Deposits                                                          (0)    2,783,045   +    8,661   -  107,827 
    Term deposits held by depository institutions                                  0            0   -  188,083 
    Other deposits held by depository institutions                         2,483,140   +   41,864   -   75,073 
    U.S. Treasury, General Account                                           276,161   -   36,472   +  145,396 
    Foreign official                                                           5,237   -      302   +       24 
    Other (12)                                                      (0)       18,507   +    3,571   +    9,909 
  Deferred availability cash items                                  (0)          458   +      260   -      125 
  Other liabilities and accrued dividends (13)                                 6,965   +       84   +      645 
                                                                                                               
Total liabilities                                                   (0)    4,446,766   +    2,777   +    2,309 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,512   +        6   +      898 
  Surplus                                                                     10,000            0   -   18,614 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 39,512   +        6   -   17,716 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; 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. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
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.     
9.  Revalued daily at current foreign currency exchange rates.                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
13. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, February 10, 2016
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         347       3,709          340         505         783       1,600         734         299         171         288         891       1,370
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             2,006          51          81          135         144         311         201         292          32          59         157         205         337
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,407,622     111,731   2,645,942      109,625     105,969     239,393     248,202     163,768      45,965      26,810      57,257     141,984     510,977
    Securities held outright (1)               4,236,672     107,398   2,543,325      105,373     101,860     230,109     238,576     157,411      44,182      25,766      55,037     136,477     491,160
      U.S. Treasury securities                 2,461,174      62,390   1,477,473       61,213      59,172     133,675     138,594      91,444      25,666      14,968      31,972      79,282     285,325
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,174      62,390   1,477,473       61,213      59,172     133,675     138,594      91,444      25,666      14,968      31,972      79,282     285,325
      Federal agency debt securities (2)          31,318         794      18,801          779         753       1,701       1,764       1,164         327         190         407       1,009       3,631
      Mortgage-backed securities (4)           1,744,180      44,214   1,047,052       43,381      41,934      94,733      98,218      64,804      18,189      10,607      22,658      56,186     202,204
    Unamortized premiums on securities held 
      outright (5)                               187,319       4,748     112,450        4,659       4,504      10,174      10,548       6,960       1,953       1,139       2,433       6,034      21,716
    Unamortized discounts on securities     
      held outright (5)                          -16,380        -415      -9,833         -407        -394        -890        -922        -609        -171        -100        -213        -528      -1,899
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                             11           0           0            0           0           0           0           6           0           5           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,722           0       1,722            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     172           0           0            0           0           0         171           0           0           1           0           0           0
  Bank premises                                    2,231         124         435           75         105         211         206         203         118          91         240         226         198
  Central bank liquidity swaps (8)                    91           4          29            5           7          21           5           2           1           0           1           1          13
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   20,458         927       6,596        1,143       1,595       4,694       1,164         549         191          86         215         295       3,004
  Other assets (10)                               35,741         949      20,916          898         875       2,129       2,038       1,343         471         243         514       1,210       4,154
  Interdistrict settlement account                     0  -   27,023  -  127,536   +   13,258  +   16,169  +    9,913  +    8,988  +      695  +   14,022  +    5,616  +    4,364  +   16,046  +   65,488
                                                                                                                                                                                                         
Total assets                                   4,486,278      87,306   2,553,711      125,688     125,607     257,867     263,229     168,010      61,249      33,167      63,190     161,140     586,115

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, February 10, 2016 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,551,887      49,482     496,693      49,429      82,388     106,022     221,109     102,706      51,371      27,255      40,450     126,762     198,221
    Less: Notes held by F.R. Banks               177,960       6,212      58,596       6,511       9,624      12,111      22,156      11,196       4,765       2,877       5,264      14,106      24,542
      Federal Reserve notes, net               1,373,926      43,270     438,096      42,918      72,764      93,911     198,953      91,510      46,606      24,378      35,186     112,656     173,679
  Reverse repurchase agreements (11)             282,372       7,158     169,511       7,023       6,789      15,337      15,901      10,491       2,945       1,717       3,668       9,096      32,735
  Deposits                                     2,783,045      34,914   1,929,419      73,334      42,794     139,144      45,639      64,639      11,154       6,420      23,801      38,610     373,176
    Term deposits held by depository        
        institutions                                   0           0           0           0           0           0           0           0           0           0           0           0           0
    Other deposits held by depository       
        institutions                           2,483,140      34,910   1,637,876      73,332      42,791     138,935      45,630      56,526      11,146       6,420      23,800      38,608     373,166
    U.S. Treasury, General Account               276,161           0     276,161           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,237           2       5,210           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    18,507           2      10,172           0           0         200           7       8,112           8           0           1           2           5
  Deferred availability cash items                   458           0           0           0           0           0         113           0           0         345           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 2,088          71       1,152          61          73         192         138          80          10          11          29          85         187
  Other liabilities and accrued             
     dividends                                     4,877         147       2,499         178         177         473         291         231         127         126         111         192         326
                                                                                                                                                                                                        
Total liabilities                              4,446,766      85,560   2,540,677     123,514     122,597     249,056     261,034     166,951      60,842      32,998      62,795     160,639     580,103
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,512       1,304       9,735       1,624       2,248       6,581       1,639         791         304         126         295         374       4,491
  Surplus                                         10,000         442       3,299         550         762       2,230         555         268         103          43         100         127       1,521
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,486,278      87,306   2,553,711     125,688     125,607     257,867     263,229     168,010      61,249      33,167      63,190     161,140     586,115

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, February 10, 2016 (continued)


1.  Includes securities lent to dealers under the overnight securities lending facility; 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. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
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.                                                                                                 
9.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after          
    providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $10 billion surplus.                                                                            
                                                                                                                                                                                                            


Note on consolidation:


On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to
acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the
remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual
returns and could have absorbed any residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the
assets and liabilities of FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was
eliminated, the net assets of ML appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only
to the ML portfolio holdings, were included in other liabilities in this table (and table 1 and table 5).

                                                                                 



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Feb 10, 2016  

Federal Reserve notes outstanding                                                            1,551,887  
  Less: Notes held by F.R. Banks not subject to collateralization                              177,960  
    Federal Reserve notes to be collateralized                                               1,373,926  
Collateral held against Federal Reserve notes                                                1,373,926  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,357,690  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,236,672  
  Less: Face value of securities under reverse repurchase agreements                           264,655  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,972,017  

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 securities lending facility; refer to table     
    1A.