FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           October 19, 2006
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at           Oct 18, 2006 Oct 11, 2006 Oct 19, 2005 Oct 18, 2006
Federal Reserve Banks

Reserve Bank Credit                                         831,456    +     352    +  30,511      829,740
 Securities held outright                                   768,577    -     364    +  30,782      766,651       
    U.S. Treasury (1)                                       768,577    -     364    +  30,782      766,651
       Bills (2)                                            277,019            0    +   7,081      277,019
       Notes and bonds, nominal (2)                         460,803    -     988    +  15,913      458,058
       Notes and bonds, inflation-indexed (2)                26,624    +     605    +   6,641       27,430
       Inflation compensation (3)                             4,131    +      18    +   1,148        4,143
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    22,786    +     536    +   1,572       22,750
 Loans to depository institutions                               230    -      16    +       4          404
    Primary credit                                               34    +      29    +      24          217
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             197    -      45    -      18          187
 Float                                                         -460    -     506    -   2,442         -326
 Other Federal Reserve assets                                40,323    +     702    +     595       40,261
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,109    +      14    +   1,680       38,109
       
Total factors supplying reserve funds                       882,806    +     365    +  32,191      881,090
                                                                   
Currency in circulation(5)                                  794,853    -     918    +  25,924      795,848
Reverse repurchase agreements (6)                            31,424    +   1,449    +   5,378       32,895
   Foreign official and international accounts               31,424    +   1,449    +   5,378       32,895
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          165    +      10    -      54          180
Deposits with F.R.Banks, other than reserve balances         12,171    -     395    -   1,383       12,834       
  U.S. Treasury, general account                              4,855    -     319    +     300        5,540
  Foreign official                                              104    +      14    +       2           91
  Service-related                                             6,916    -      76    -   1,671        6,916
     Required clearing balances                               6,916    -      76    -   1,671        6,916
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         297    -      13    -      13          287
Other liabilities and capital                                36,080    +      32    +   4,507       35,871

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  874,694    +     178    +  34,373      877,627

Reserve balances with Federal Reserve Banks                   8,112    +     187    -   2,182        3,463
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,685,518    -   1,670    + 217,204    1,678,008
     U.S. Treasury                                        1,145,524    -     820    +  57,868    1,138,971
     Federal agency                                         539,994    -     851    + 159,336      539,037
  Securities lent to dealers                                  1,000    -     166    -   2,122        1,128   


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.


2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation Oct 18, 2006     Oct 11, 2006     Oct 19, 2005

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                               830        -       6        +     112
Securities, repurchase agreements, and loans                   789,805        -   7,624        +  35,302
   Securities held outright                                    766,651        -   2,294        +  28,636
      U.S. Treasury (1)                                        766,651        -   2,294        +  28,636       
         Bills (2)                                             277,019                0        +   6,870
         Notes and bonds, nominal (2)                          458,058        -   3,733        +  13,168
         Notes and bonds, inflation-indexed (2)                 27,430        +   1,411        +   7,447
         Inflation compensation (3)                              4,143        +      26        +   1,150
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    22,750        -   5,500        +   6,500    
   Loans                                                           404        +     170        +     166
Items in process of collection                    (1,238)        4,257        -   7,559        -   4,508
Bank premises                                                    1,899        -       2        +      58
Other assets (5)                                                38,150        +      48        +     469
      Total assets                                (1,238)      848,178        -  15,142        +  31,433
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  758,745        -     616        +  25,074
Reverse repurchase agreements (6)                               32,895        +   2,281        +   7,813
Deposits                                              (0)       15,996        -  14,894        -   3,828       
  Depository institutions                                       10,079        -  16,329        -   4,881
  U.S. Treasury, general account                                 5,540        +   1,437        +   1,071
  Foreign official                                                  91        +       1        +       4
  Other                                               (0)          287        -       1        -      21
Deferred availability cash items                  (1,238)        4,671        -   2,152        -   2,312
Other liabilities and accrued dividends (7)                      5,492        -      21        +   1,555
      Total liabilities                           (1,238)      817,799        -  15,401        +  28,303
                          
Capital Accounts
Capital paid in                                                 15,096        +      19        +   1,661
Surplus                                                         12,901                0        +   1,271
Other capital accounts                                           2,382        +     240        +     198
      Total capital                                             30,379        +     259        +   3,130


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 securites.
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.



3. Maturity Distribution of Loans and Securities,   October 18, 2006
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days             403       56,670   +   2,925            0           0       22,750       32,895
16 days to 90 days           2      165,316   -   5,323            0           0            0            0
91 days to 1 year            0      184,182   -   2,761            0           0     ------      ------
Over 1 to 5 years     ------        217,172   +   1,398            0           0     ------      ------
Over 5 to 10 years    ------         61,742   +   1,460            0           0     ------      ------
Over 10 years         ------         81,569   +       6            0           0     ------      ------
                   		 	
All                        404      766,651   -   2,294            0           0       22,750      32,895

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.



4. Statement of Condition of Each Federal Reserve Bank on   October 18, 2006
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,037        486      4,139        463        446        853      1,023        947        328        211        324        575      1,242
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             830         22         49         58         75         77        107         98         40         30         61         80        132
Securities, repurchase agreements,
      and loans                              789,805     36,584    306,508     33,285     33,104     63,886     64,189     70,461     24,372     15,649     22,478     34,412     84,877
   Securities held outright                  766,651     36,583    283,758     33,285     33,104     63,686     64,182     70,394     24,358     15,586     22,449     34,406     84,861
      U.S. Treasury (1)                      766,651     36,583    283,758     33,285     33,104     63,686     64,182     70,394     24,358     15,586     22,449     34,406     84,861
         Bills (2)                           277,019     13,219    102,532     12,027     11,962     23,012     23,191     25,436      8,801      5,632      8,112     12,432     30,663
         Notes and bonds(3)                  489,632     23,364    181,226     21,258     21,142     40,674     40,990     44,958     15,556      9,954     14,337     21,974     54,197
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                22,750          0     22,750          0          0          0          0          0          0          0          0          0          0
      Loans                                      404          0          0          0          0        200          8         68         14         64         28          6         17
Items in process of collection                 5,495        230         90        791        744        356        659        347        220        278        605        356        820
Bank premises                                  1,899        113        208         57        157        162        231        209         74        117        134        260        176
Other assets(5)                               38,150      1,219     13,828      1,806      2,242      6,841      2,669      2,715        755        699        718        949      3,707
Interdistrict settlement account                   0    - 1,289    - 2,861    +   635    - 1,026    + 3,121    + 7,808    - 7,973    -   613    -   469    + 2,329    - 2,520    + 2,856
          Total Assets                       849,416     37,481    322,835     37,178     35,847     75,442     76,853     67,017     25,247     16,545     26,715     34,210     94,045

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 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.




4. Statement of Condition of Each Federal Reserve Bank on   October 18, 2006
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding             937,484     37,969    346,612     38,723     36,918     74,960     94,871     75,856     26,952     17,151     28,061     50,165    109,246
  Less: notes held by F.R. Banks              178,739      3,925     52,698      7,572      6,310     12,896     25,690     15,546      3,850      2,593      3,864     19,145     24,648
    Federal Reserve notes, net                758,745     34,044    293,914     31,151     30,608     62,064     69,180     60,310     23,102     14,557     24,197     31,020     84,598
Reverse repurchase agreements (1)              32,895      1,570     12,175      1,428      1,420      2,733      2,754      3,020      1,045        669        963      1,476      3,641
Deposits                                       15,996        481      7,136        480        689      1,389      1,549      1,045        415        265        426        624      1,499
  Depository institutions                      10,079        476      1,377        477        685      1,258      1,546      1,042        411        264        424        624      1,495
  U.S. Treasury, general account                5,540          0      5,540          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 91          1         62          2          3         11          3          3          0          1          1          0          4
  Other                                           287          4        157          0          1        120          0          0          3          0          1          0          0
Deferred availability cash items                5,909        310        120        915        577        507        683        365        143        358        580        388        962
Other liabilities and accrued                 
  dividends (2)                                 5,492        268      1,839        268        268        551        464        497        195        143        180        257        560
   
    Total liabilities                         819,037     36,672    315,184     34,241     33,563     67,245     74,629     65,238     24,900     15,991     26,346     33,766     91,261
                              
Capital                    
Capital paid in                                15,096        390      3,691      1,692      1,129      4,081      1,084        845        159        275        174        209      1,366
Surplus                                        12,901        317      3,685        744      1,013      3,307        892        876        144        245        175        153      1,349
Other capital                                   2,382        102        274        501        142        810        248         58         45         33         20         83         69
     Total liabilities and capital            849,416     37,481    322,835     37,178     35,847     75,442     76,853     67,017     25,247     16,545     26,715     34,210     94,045
                              

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.


5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars



Federal Reserve notes and collateral        Wednesday
                                          Oct 18, 2006
              
Federal Reserve notes outstanding             937,484
   Less: Notes held by F.R. Banks
         not subject to collateralization     178,739
      Federal Reserve Notes to be
         collateralized                       758,745 
Collateral held against Federal Reserve            
   notes                                      758,745
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              745,508
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         789,401
   Less:face value of securities under
         reverse repurchase agreements         32,948
      U.S. Treasury and agency securities
             eligible to be pledged           756,453
   

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 of inflation-indexed securities, and cash value of repurchase agreements.