Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 851,757 - 1,710 + 36,379 849,523

Securities held outright 780,809 + 1,362 + 25,857 780,818

U.S. Treasury1 780,809 + 1,362 + 25,857 780,818

Bills2 277,019 0 + 2,877 277,019

Notes and bonds, nominal2 468,553 + 1,341 + 13,083 468,553

Notes and bonds, inflation-indexed2 31,776 0 + 9,580 31,776

Inflation compensation3 3,461 + 20 + 317 3,470

Federal agency2 0 0 0 0

Repurchase agreements4 33,357 - 2,929 + 7,678 31,250

Loans to depository institutions 32 - 1 - 30 43

Primary credit 8 - 3 - 12 16

Secondary credit 0 0 0 0

Seasonal credit 24 + 3 - 18 27

Float -692 - 252 - 1,542 -1,040

Other Federal Reserve assets 38,252 + 111 + 4,417 38,452

Gold stock 11,041 0 - 3 11,041

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

Treasury currency outstanding5 38,332 + 14 + 506 38,332

Total factors supplying reserve funds 903,330 - 1,695 + 36,881 901,095

Currency in circulation5 806,892 + 240 + 17,824 807,997

Reverse repurchase agreements6 38,629 - 83 + 14,412 37,788

Foreign official and international accounts 38,629 - 83 + 14,412 37,788

Dealers 0 0 0 0

Treasury cash holdings 205 + 4 + 18 217

Deposits with F.R. Banks, other than reserve balances 11,778 + 23 - 1,748 11,483

U.S. Treasury, general account 4,725 + 51 - 303 4,449

Foreign official 92 + 1 + 7 96

Service-related 6,689 - 49 - 1,454 6,689

Required clearing balances 6,689 - 49 - 1,454 6,689

Adjustments to compensate for float 0 0 0 0

Other 271 + 19 + 2 250

Other liabilities and capital 38,655 + 586 + 6,141 38,307

Total factors, other than reserve balances,

absorbing reserve funds 896,160 + 770 + 36,648 895,792

Reserve balances with Federal Reserve Banks 7,170 - 2,465 + 233 5,304

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,848,404 + 15,034 + 256,698 1,852,372

U.S. Treasury 1,209,870 + 9,357 + 73,269 1,211,761

Federal agency 638,534 + 5,678 + 183,428 640,611

Securities lent to dealers 2,205 - 177 + 385 1,272

FEDERAL RESERVE statistical release

 March 8, 2007

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.

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

5. Estimated.

6. Cash value of agreements, which are collateralized by U.S. Treasury securities.

7. Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.

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

Change from week ended Wednesday

 Mar 7, 2007 Week ended

 Mar 7, 2007 Feb 28, 2007 Mar 8, 2006
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

6. Cash value of agreements, which are collateralized by U.S. Treasury securities.

7. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

Assets

Gold certificate account 11,037 0 - 3

Special drawing rights certificate account 2,200 0 0

Coin 977 - 8 + 157

Securities, repurchase agreements, and loans 812,111 - 13,954 + 29,992

Securities held outright 780,818 + 25 + 25,242

U.S. Treasury1 780,818 + 25 + 25,242

Bills2 277,019 0 + 2,877

Notes and bonds, nominal2 468,553 0 + 12,476

Notes and bonds, inflation-indexed2 31,776 0 + 9,580

Inflation compensation3 3,470 + 24 + 310

Federal agency2 0 0 0

Repurchase agreements4 31,250 - 14,000 + 4,750

Loans 43 + 21 0

Items in process of collection (1,180) 3,582 + 542 - 4,529

Bank premises 1,969 - 5 + 148

Other assets5 36,501 + 535 + 294

Total assets (1,180) 868,376 - 12,891 + 26,057

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 770,855 - 103 + 17,067

Reverse repurchase agreements6 37,788 - 1,857 + 13,978

Deposits (0) 16,805 - 11,659 - 8,917

Depository institutions 12,010 - 10,896 - 8,546

U.S. Treasury, general account 4,449 - 745 - 402

Foreign official 96 + 5 + 10

Other (0) 250 - 24 + 20

Deferred availability cash items (1,180) 4,622 + 569 - 2,260

Other liabilities and accrued dividends7 5,801 + 104 + 1,335

Total liabilities (1,180) 835,870 - 12,947 + 21,202

Capital accounts

Capital paid in 15,960 + 7 + 2,230

Surplus 15,316 + 34 + 2,415

Other capital accounts 1,230 + 16 + 211

Total capital 32,506 + 56 + 4,856

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Mar 8, 2006

Eliminations from

consolidation Wednesday

 Mar 7, 2007

Wednesday

 Feb 28, 2007

3. Maturity Distribution of Loans and Securities, March 7, 2007

Millions of dollars

 Federal agency

securities

Weekly

changes Holdings

 U.S. Treasury

securities1

Holdings Weekly

changes

Loans Repurchase

agreements2

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

 . . . Not applicable.

1. 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.

2. Cash value of agreements classified by remaining maturity of the agreements.

Reverse

repurchase

agreements2

Within 15 days 21 53,269 - 992 0 0 31,250 37,788

16 days to 90 days 22 179,493 + 8,490 0 0 0 0

91 days to 1 year 0 174,455 - 2,812 0 0 . . . . . . 

Over 1 year to 5 years . . . 224,564 - 4,678 0 0 . . . . . . 

Over 5 years to 10 years . . . 66,533 + 7 0 0 . . . . . . 

Over 10 years . . . 82,504 + 10 0 0 . . . . . . 

All 43 780,818 + 25 0 0 31,250 37,788

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on March 7, 2007Millions of dollars

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

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

and loans

Securities held outright

U.S. Treasury1

Bills2Notes and bonds3

Federal agency2

Repurchase agreements4

Loans

Items in process of collectionBank premisesOther assets5Interdistrict settlement account

Total assets

Note: Components may not sum to totals because of rounding.1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.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 sec4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

 11,037 2,200 977 812,111 780,818 780,818 277,019 503,799 0 31,250 43 4,762 1,969 36,501 0 869,556

Assets, liabilities, and capital

 4,139 874 66 300,575 289,002 289,002 102,532 186,470 0 11,566 7 68 210 11,355 - 8,067 309,221

 486 115 39 38,756 37,259 37,259 13,219 24,040 0 1,491 5 248 117 1,227 - 2,607 38,381

 463 83 66 35,257 33,900 33,900 12,027 21,873 0 1,357 0 274 57 3,199 - 1,720 37,678

 446 104 98 35,065 33,715 33,715 11,962 21,754 0 1,349 0 519 157 2,136 - 4,563 33,961

 853 147 96 67,459 64,863 64,863 23,012 41,851 0 2,596 0 577 170 6,858 + 847 77,007

 1,023 166 104 67,984 65,368 65,368 23,191 42,176 0 2,616 0 565 231 2,988 +13,078 86,138

 947 212 116 74,574 71,695 71,695 25,436 46,259 0 2,869 11 195 206 2,465 - 4,463 74,253

 328 71 41 25,801 24,808 24,808 8,801 16,007 0 993 0 124 81 709 + 855 28,011

 2   16,5 15,8 15,8 5,6 10,2  6  3 1 6 - 8 17,1
 963,677

 192,822 770,855 770,855 11,037 2,200 757,618 0 812,068 37,856 774,212

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 agreements1

Deposits

Depository institutionsU.S. Treasury, general accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends2

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

Note: Components may not sum to totals because of rounding.1. Cash value of agreements, which are collateralized by U.S. Treasury securities.2. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

 963,677 192,822 770,855 37,788 16,805 12,010 4,449 96 250 5,802 5,801 837,050 15,960 15,316 1,230 869,556

 38,931 4,344 34,586 1,803 515 506 0 1 8 386 266 37,556 395 396 34 38,381

 340,914 63,610 277,304 13,986 7,243 2,568 4,449 65 161 106 1,857 300,497 4,219 3,738 767 309,221

 37,867 6,890 30,977 1,641 440 435 0 5 0 749 273 34,079 1,810 1,788 0 37,678

 36,047 7,449 28,598 1,632 628 625 0 3 1 611 279 31,748 1,090 1,087 37 33,961

 74,756 13,122 61,634 3,139 2,737 2,661 0 11 66 598 667 68,774 4,111 4,094 28 77,007

 104,902 26,899 78,003 3,163 1,136 1,132 0 3 0 684 540 83,526 1,279 1,276 57 86,138

 82,171 14,961 67,210 3,470 929 927 0 2 0 343 516 72,468 861 859 65 74,253

 29,350 3,562 25,788 1,201 332 319 0 0 12 119 217 27,656 168 166 20 28,011

 17,3 2,4 14,8 7 3 3    3 1 16,4 3 2  17,1

H.4.14. Statement of Condition of Each Federal Reserve Bank on March 7, 2007 (continued)Millions of dollars

Assets, liabilities, and capital

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 and agency securities pledged1Other assets pledged

Memo:Total U.S. Treasury and agency securities1

Less: face value of securities under

reverse repurchase agreements

U.S. Treasury and agency securities

eligible to be pledged

5. Collateral Held against Federal Reserve Notes:Federal Reserve Agents' AccountsMillions of dollarsFederal Reserve notes and collateral Wednesday

 Mar 7, 2007

Note: Components may not sum to totals because of rounding.1. Includes face value of U.S. Treasury and agency securities held outright,

compensation to adjust for the effect of inflation on the original face value ofinflation-indexed securities, and cash value of repurchase agreements.