FEDERAL RESERVE statistical release

For release at

4:30 P.M. EDT

October 28, 2010

The weekly average values, shown in table 1, reflect the September 30, 2010, quarterly

updates to the fair value of the net portfolio holdings of Maiden Lane LLC, Maiden Lane II

LLC, and Maiden Lane III LLC. The amounts for the first six days of this reporting week are

based on the values as of June 30, 2010, and the amounts for the last day of the reporting

week are based on the values as of September 30, 2010.
FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks October 28, 2010

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures Wednesday

Oct 27, 2010 Week ended

Oct 27, 2010

Change from week ended

Oct 20, 2010 Oct 28, 2009

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Reserve Bank credit 2,282,738 - 1,039 + 128,380 2,277,972

Securities held outright1 2,043,901 - 841 + 351,724 2,038,566

U.S. Treasury securities 834,277 + 9,313 + 59,725 837,848

Bills2 18,423 0 0 18,423

Notes and bonds, nominal2 767,275 + 8,575 + 61,562 770,841

Notes and bonds, inflation-indexed2 42,978 + 660 - 1,665 42,978

Inflation compensation3 5,600 + 77 - 174 5,606

Federal agency debt securities2 150,179 - 1,725 + 8,578 149,681

Mortgage-backed securities4 1,059,445 - 8,429 + 283,420 1,051,037

Repurchase agreements5 0 0 0 0

Term auction credit 0 0 - 139,245 0

Other loans 47,844 - 738 - 59,786 47,564

Primary credit 24 - 8 - 22,554 47

Secondary credit 0 0 - 375 0

Seasonal credit 32 - 13 - 42 29

Asset-Backed Commercial Paper Money Market

Mutual Fund Liquidity Facility 0 0 0 0

Credit extended to American International

Group, Inc., net6 19,273 - 334 - 23,513 19,220

Term Asset-Backed Securities Loan Facility7 28,516 - 383 - 13,302 28,268

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC8 0 0 - 32,256 0

Net portfolio holdings of Maiden Lane LLC9 27,970 + 17 + 1,589 28,469

Net portfolio holdings of Maiden Lane II LLC10 15,796 + 119 + 1,101 16,472

Net portfolio holdings of Maiden Lane III LLC11 22,942 + 107 + 2,286 23,532

Net portfolio holdings of TALF LLC12 622 + 21 + 622 622

Preferred interests in AIA Aurora LLC and ALICO

Holdings LLC13 26,057 0 + 26,057 26,057

Float -1,522 + 183 + 954 -1,782

Central bank liquidity swaps14 60 - 500 - 33,255 60

Other Federal Reserve assets15 99,067 + 592 + 8,589 98,412

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 5,200 0 0 5,200

Treasury currency outstanding16 43,434 + 14 + 829 43,434

Total factors supplying reserve funds 2,342,413 - 1,025 + 129,209 2,337,646

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Averages of daily figures Wednesday

Oct 27, 2010 Week ended

Oct 27, 2010

Change from week ended

Oct 20, 2010 Oct 28, 2009

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Currency in circulation16 961,367 - 378 + 47,611 963,387

Reverse repurchase agreements17 56,889 - 4,807 - 8,848 55,552

Foreign official and international accounts 55,276 - 5,532 - 10,461 55,552

Others 1,613 + 724 + 1,613 0

Treasury cash holdings 221 - 14 - 63 188

Deposits with F.R. Banks, other than reserve balances 248,330 - 15,722 + 161,838 237,066

Term deposits held by depository institutions 5,113 0 + 5,113 5,113

U.S. Treasury, general account 37,919 - 12,015 - 5,322 27,229

U.S. Treasury, supplementary financing account 199,961 - 1 + 169,969 199,961

Foreign official 2,178 + 798 - 119 1,701

Service-related 2,396 - 3 - 837 2,396

Required clearing balances 2,396 - 3 - 837 2,396

Adjustments to compensate for float 0 0 0 0

Other 762 - 4,503 - 6,968 665

Other liabilities and capital18 72,416 - 92 + 10,879 73,215

Total factors, other than reserve balances,

absorbing reserve funds 1,339,224 - 21,012 + 211,417 1,329,407

Reserve balances with Federal Reserve Banks 1,003,189 + 19,987 - 82,209 1,008,239

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 outstanding principal and capitalized interest net of unamortized deferred commitment fees and allowance for loan restructuring.

Excludes credit extended to consolidated LLCs.

7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

8. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper

Funding Facility LLC.

9. Refer to table 4 and the note on consolidation accompanying table 10.

10.Refer to table 5 and the note on consolidation accompanying table 10.

11.Refer to table 6 and the note on consolidation accompanying table 10.

12.Refer to table 7 and the note on consolidation accompanying table 10.

13.Refer to table 8.

14.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.

15.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal

Reserve Bank of New York’s (FRBNY) preferred interests in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit

extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

16.Estimated.

17.Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

18.Includes the liabilities of 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 7 and the note

on consolidation accompanying table 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures Wednesday

Oct 27, 2010 Week ended

Oct 27, 2010

Change from week ended

Oct 20, 2010 Oct 28, 2009

Memorandum item

Marketable securities held in custody for foreign

official and international accounts1 3,294,073 + 12,942 + 395,488 3,300,448

U.S. Treasury securities 2,562,177 + 14,825 + 426,267 2,569,752

Federal agency securities2 731,896 - 1,883 - 30,779 730,696

Securities lent to dealers 5,452 - 363 - 856 4,608

Overnight facility3 5,452 - 363 - 856 4,608

U.S. Treasury securities 4,288 - 51 - 1,361 3,508

Federal agency debt securities 1,164 - 312 + 505 1,100

Term facility4 0 0 0 0

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

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

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 Securities, Loans, and Selected Other Assets and Liabilities, October 27, 2010

Millions of dollars

Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 years

to 10 years

Over 10

years

Remaining maturity All

Other loans1 76 0 0 47,488 0 ... 47,564

U.S. Treasury securities2

Holdings 12,096 21,821 48,852 362,505 246,571 146,003 837,848

Weekly changes - 5,938 + 5,938 + 1 + 2,594 + 363 + 2,769 + 5,727

Federal agency debt securities3

Holdings 0 5,057 36,956 73,522 31,799 2,347 149,681

Weekly changes - 1,062 + 1,261 - 1,261 0 0 0 - 1,062

Mortgage-backed securities4

Holdings 0 0 0 27 21 1,050,990 1,051,037

Weekly changes 0 0 0 0 0 - 14,712 - 14,714

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

Repurchase agreements6 0 0 ... ... ... ... 0

Central bank liquidity swaps7 60 0 0 0 0 0 60

Reverse repurchase agreements6 55,552 0 ... ... ... ... 55,552

Term deposits 5,113 0 0 ... ... ... 5,113

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 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 asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.

6. Cash value of agreements.

7. 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.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities Purchase Program

Millions of dollars

Wednesday

Oct 27, 2010 Account name

Mortgage-backed securities held outright1 1,051,037

Commitments to buy mortgage-backed securities2 0

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 0

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, dollar rolls, and coupon swaps.

3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday

Oct 27, 2010 Account name

Net portfolio holdings of Maiden Lane LLC1 28,469

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 26,973

Accrued interest payable to the Federal Reserve Bank of New York2 582

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 1,302

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 September 30, 2010. 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.

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Wednesday

Oct 27, 2010 Account name

Net portfolio holdings of Maiden Lane II LLC1 16,472

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 13,452

Accrued interest payable to the Federal Reserve Bank of New York2 421

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 1,065

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 September 30, 2010. 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.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday

Oct 27, 2010 Account name

Net portfolio holdings of Maiden Lane III LLC1 23,532

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 14,290

Accrued interest payable to the Federal Reserve Bank of New York2 513

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 5,335

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 September 30, 2010. 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.

7. Information on Principal Accounts of TALF LLC

Millions of dollars

Wednesday

Oct 27, 2010 Account name

Asset-backed securities holdings1 0

Other investments, net 622

Net portfolio holdings of TALF LLC 622

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3 105

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 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 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 $4.3 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.
H.4.1

8. 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

Oct 27, 2010 Account name

Preferred interests in AIA Aurora LLC and ALICO Holdings LLC1 26,057

Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC2 96

Preferred interests in AIA Aurora LLC1 16,676

Accrued dividends on preferred interests in AIA Aurora LLC2 62

Preferred interests in ALICO Holdings LLC1 9,380

Accrued dividends on preferred interests in ALICO Holdings LLC2 35

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 9 and table 10.

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.
H.4.1

9. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Eliminations from

consolidation

Wednesday

Oct 27, 2010

Change since

Wednesday

Oct 20, 2010

Wednesday

Oct 28, 2009

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 2,188 + 42 + 125

Securities, repurchase agreements, term auction

credit, and other loans 2,086,130 - 10,769 + 147,478

Securities held outright1 2,038,566 - 10,049 + 348,338

U.S. Treasury securities 837,848 + 5,727 + 63,287

Bills2 18,423 0 0

Notes and bonds, nominal2 770,841 + 4,990 + 65,128

Notes and bonds, inflation-indexed2 42,978 + 660 - 1,665

Inflation compensation3 5,606 + 77 - 177

Federal agency debt securities2 149,681 - 1,062 + 8,080

Mortgage-backed securities4 1,051,037 - 14,714 + 276,971

Repurchase agreements5 0 0 0

Term auction credit 0 0 - 139,245

Other loans 47,564 - 720 - 61,615

Net portfolio holdings of Commercial Paper

Funding Facility LLC6 0 0 - 19,023

Net portfolio holdings of Maiden Lane LLC7 28,469 + 583 + 2,187

Net portfolio holdings of Maiden Lane II LLC8 16,472 + 788 + 465

Net portfolio holdings of Maiden Lane III LLC9 23,532 + 688 + 365

Net portfolio holdings of TALF LLC10 622 + 21 + 622

Preferred interests in AIA Aurora LLC and ALICO

Holdings LLC11 26,057 0 + 26,057

Items in process of collection (85) 284 - 67 - 131

Bank premises 2,226 + 1 - 3

Central bank liquidity swaps12 60 - 500 - 32,870

Other assets13 96,157 - 678 + 8,489

Total assets (85) 2,298,434 - 9,892 + 133,761

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

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

Millions of dollars

Eliminations from

consolidation

Wednesday

Oct 27, 2010

Change since

Wednesday

Oct 20, 2010

Wednesday

Oct 28, 2009

Assets, liabilities, and capital

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 922,325 + 947 + 47,487

Reverse repurchase agreements14 55,552 - 3,008 - 8,894

Deposits (0) 1,245,275 - 9,395 + 86,700

Term deposits held by depository institutions 5,113 0 + 5,113

Other deposits held by depository institutions 1,010,605 + 15,572 - 72,842

U.S. Treasury, general account 27,229 - 24,994 - 3,334

U.S. Treasury, supplementary financing account 199,961 - 1 + 169,969

Foreign official 1,701 + 45 - 1,714

Other (0) 665 - 17 - 10,493

Deferred availability cash items (85) 2,066 - 27 - 320

Other liabilities and accrued dividends15 15,902 + 776 + 3,991

Total liabilities (85) 2,241,120 - 10,707 + 128,965

Capital accounts

Capital paid in 26,715 + 14 + 1,772

Surplus 25,898 + 6 + 4,492

Other capital accounts 4,700 + 795 - 1,468

Total capital 57,313 + 814 + 4,796

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. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper

Funding Facility LLC.

7. Refer to table 4 and the note on consolidation accompanying table 10.

8. Refer to table 5 and the note on consolidation accompanying table 10.

9. Refer to table 6 and the note on consolidation accompanying table 10.

10.Refer to table 7 and the note on consolidation accompanying table 10.

11.Refer to table 8.

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, accrued dividends on the Federal

Reserve Bank of New York’s (FRBNY) preferred interests in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit

extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

14.Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

15.Includes the liabilities of 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 7 and

the note on consolidation accompanying table 10.
H.4.1

10. Statement of Condition of Each Federal Reserve Bank, October 27, 2010Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 369 4,038 404 463 846 1,385 887 324 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 Coin 2,188 69 78 174 162 320 203 332 35 Securities, repurchase agreements,

term auction credit, and otherloans 2,086,130 51,590 879,335 47,611 69,262 232,171 192,906 153,682 52,511 

Securities held outright1 2,038,566 51,589 831,843 47,606 69,262 232,171 192,905 153,680 52,510 

U.S. Treasury securities 837,848 21,203 341,886 19,566 28,466 95,422 79,284 63,162 21,581 

Bills2 18,423 466 7,517 430 626 2,098 1,743 1,389 475 Notes and bonds3 819,425 20,737 334,369 19,136 27,841 93,324 77,540 61,773 21,107 

Federal agency debt securities2 149,681 3,788 61,078 3,495 5,086 17,047 14,164 11,284 3,856 

Mortgage-backed securities4 1,051,037 26,598 428,879 24,545 35,710 119,702 99,457 79,234 27,073 

Repurchase agreements5 0 0 0 0 0 0 0 0 0 Term auction credit 0 0 0 0 0 0 0 0 0 Other loans 47,564 1 47,492 5 0 0 2 2 1 

Net portfolio holdings of Commercial

Paper Funding Facility LLC6 0 0 0 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane LLC7 28,469 0 28,469 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane II LLC8 16,472 0 16,472 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane III LLC9 23,532 0 23,532 0 0 0 0 0 0 

Net portfolio holdings of TALF LLC10 622 0 622 0 0 0 0 0 0 

Preferred interests in AIA Aurora LLC

and ALICO Holdings LLC11 26,057 0 26,057 0 0 0 0 0 0 

Items in process of collection 369 10 0 60 112 7 37 39 19 Bank premises 2,226 126 256 69 142 238 218 210 135 Central bank liquidity swaps12 60 2 17 7 4 17 4 1 1 Other assets13 96,157 2,759 36,138 4,538 4,343 15,317 8,196 5,841 2,059 Interdistrict settlement account 0 + 3,436 + 119,608 + 25,180 - 20,306 - 11,424 - 39,715 - 30,017 - 12,479 - 

Total assets 2,298,518 58,557 1,136,439 78,252 54,419 237,902 163,888 131,400 42,755 

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

10. Statement of Condition of Each Federal Reserve Bank, October 27, 2010 (continued)Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

Liabilities

Federal Reserve notes outstanding 1,130,012 40,938 387,877 45,645 45,985 89,400 143,821 87,316 32,792 

Less: Notes held by F.R. Banks 207,687 4,353 82,325 5,373 8,336 14,154 26,785 12,640 4,560 

Federal Reserve notes, net 922,325 36,585 305,552 40,272 37,649 75,246 117,036 74,676 28,231 

Reverse repurchase agreements14 55,552 1,406 22,668 1,297 1,887 6,327 5,257 4,188 1,431 

Deposits 1,245,275 18,419 779,112 30,560 10,284 142,854 37,748 50,563 12,371 

Term deposits held by depository

institutions 5,113 50 3,573 0 10 63 2 103 28 

Other deposits held by depository

institutions 1,010,605 18,358 546,443 30,555 10,270 142,649 37,743 50,192 12,336 

U.S. Treasury, general account 27,229 0 27,229 0 0 0 0 0 0 U.S. Treasury, supplementary

financing account 199,961 0 199,961 0 0 0 0 0 0 

Foreign official 1,701 1 1,672 4 3 11 2 1 0 Other 665 10 234 0 1 131 0 266 6 

Deferred availability cash items 2,151 68 0 223 464 92 102 142 58 Other liabilities and accrued

dividends15 15,902 197 12,171 242 265 750 517 416 182 

Total liabilities 2,241,205 56,674 1,119,504 72,593 50,550 225,269 160,659 129,984 42,273 Capital

Capital paid in 26,715 916 7,666 2,831 1,924 5,434 1,552 671 215 Surplus 25,898 946 7,693 2,804 1,911 7,141 1,581 621 239 Other capital 4,700 21 1,577 24 34 57 96 124 29 

Total liabilities and capital 2,298,518 58,557 1,136,439 78,252 54,419 237,902 163,888 131,400 42,755 

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

10. Statement of Condition of Each Federal Reserve Bank, October 27, 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 securitie4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mort5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facilit7. 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 7 and the note on consolidation below.11.Refer to table 8.12.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 centr

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, accrued dividends on the Federal Reserve Bank o

preferred interests in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through thLoan Facility.

14.Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.15.Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New Y

that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 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 Resewas extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contractwas extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio 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 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 FacilitThe 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 respoTALF 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 Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNcondition 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 (and in table 1 and table 9), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCsin this table (and table 1 and table 9).
H.4.1

11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents’ Accounts

Millions of dollars

Wednesday

Oct 27, 2010 Federal Reserve notes and collateral

Federal Reserve notes outstanding 1,130,012

Less: Notes held by F.R. Banks not subject to collateralization 207,687

Federal Reserve notes to be collateralized 922,325

Collateral held against Federal Reserve notes 922,325

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 906,088

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,038,566

Less: Face value of securities under reverse repurchase agreements 54,154

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 1,984,412

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.