Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 829,233 + 4,050 + 35,525 828,141

Securities held outright 764,837 + 13 + 38,492 764,842

U.S. Treasury1 764,837 + 13 + 38,492 764,842

Bills2 277,019 0 + 10,760 277,019

Notes and bonds, nominal2 457,826 0 + 20,055 457,826

Notes and bonds, inflation-indexed2 26,019 0 + 6,486 26,019

Inflation compensation3 3,974 + 13 + 1,192 3,979

Federal agency2 0 0 0 0

Repurchase agreements4 23,429 + 4,500 - 3,428 25,250

Loans to depository institutions 347 + 6 - 98 361

Primary credit 8 - 1 - 147 19

Secondary credit 0 0 0 0

Seasonal credit 339 + 8 + 49 342

Float -359 + 360 - 381 -792

Other Federal Reserve assets 40,980 - 829 + 942 38,480

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding5 38,074 + 14 + 1,645 38,074

Total factors supplying reserve funds 880,548 + 4,065 + 37,170 879,455

Currency in circulation5 794,466 + 402 + 30,648 795,479

Reverse repurchase agreements6 28,893 + 449 + 3,523 27,509

Foreign official and international accounts 28,893 + 449 + 3,523 27,509

Dealers 0 0 0 0

Treasury cash holdings 160 + 3 - 90 157

Deposits with F.R. Banks, other than reserve balances 12,321 + 96 - 2,012 12,009

U.S. Treasury, general account 4,747 + 104 - 58 4,443

Foreign official 89 - 1 - 5 88

Service-related 7,201 - 6 - 1,917 7,201

Required clearing balances 7,201 - 3 - 1,914 7,201

Adjustments to compensate for float 0 - 3 - 3 0

Other 285 - 1 - 31 277

Other liabilities and capital 35,381 - 218 + 4,488 35,151

Total factors, other than reserve balances,

absorbing reserve funds 871,220 + 731 + 36,556 870,305

Reserve balances with Federal Reserve Banks 9,328 + 3,333 + 614 9,151

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,667,208 + 4,890 + 198,898 1,668,332

U.S. Treasury 1,137,864 + 3,551 + 38,368 1,137,470

Federal agency 529,344 + 1,339 + 160,530 530,861

Securities lent to dealers 2,478 - 418 - 1,781 2,231

FEDERAL RESERVE statistical release

 August 17, 2006

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

 Aug 16, 2006 Week ended

 Aug 16, 2006 Aug 9, 2006 Aug 17, 2005
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 0

Special drawing rights certificate account 2,200 0 0

Coin 769 + 5 + 125

Securities, repurchase agreements, and loans 790,453 + 7,764 + 33,380

Securities held outright 764,842 + 14 + 37,503

U.S. Treasury1 764,842 + 14 + 37,503

Bills2 277,019 0 + 10,760

Notes and bonds, nominal2 457,826 0 + 19,062

Notes and bonds, inflation-indexed2 26,019 0 + 6,486

Inflation compensation3 3,979 + 13 + 1,196

Federal agency2 0 0 0

Repurchase agreements4 25,250 + 7,750 - 3,250

Loans 361 + 1 - 873

Items in process of collection (1,100) 4,013 - 1,250 - 3,039

Bank premises 1,870 + 3 + 41

Other assets5 36,371 - 3,491 + 264

Total assets (1,100) 846,713 + 3,031 + 30,771

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 758,327 - 396 + 29,186

Reverse repurchase agreements6 27,509 - 351 + 4,006

Deposits (0) 20,922 + 3,608 - 5,521

Depository institutions 16,113 + 2,062 - 4,264

U.S. Treasury, general account 4,443 + 1,536 - 1,226

Foreign official 88 0 + 10

Other (0) 277 + 9 - 42

Deferred availability cash items (1,100) 4,805 + 62 - 1,496

Other liabilities and accrued dividends7 5,180 + 133 + 1,716

Total liabilities (1,100) 816,743 + 3,056 + 27,890

Capital accounts

Capital paid in 15,030 + 14 + 1,589

Surplus 12,901 0 + 1,272

Other capital accounts 2,039 - 38 + 20

Total capital 29,970 - 25 + 2,881

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Aug 17, 2005

Eliminations from

consolidation Wednesday

 Aug 16, 2006

Wednesday

 Aug 9, 2006

3. Maturity Distribution of Loans and Securities, August 16, 2006

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 160 62,903 + 3,329 0 0 25,250 27,509

16 days to 90 days 201 159,003 - 9,823 0 0 0 0

91 days to 1 year 0 190,839 + 14,045 0 0 . . . . . . 

Over 1 year to 5 years . . . 211,115 - 7,455 0 0 . . . . . . 

Over 5 years to 10 years . . . 58,151 - 3,204 0 0 . . . . . . 

Over 10 years . . . 82,830 + 3,120 0 0 . . . . . . 

All 361 764,842 + 14 0 0 25,250 27,509

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on August 16, 2006Millions 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 2,200 769 790,453 764,842 764,842 277,019 487,823 0 25,250 361 5,113 1,870 36,371 0 847,813

Assets, liabilities, and capital

 4,139 874 41 308,339 283,089 283,089 102,532 180,557 0 25,250 0 432 207 13,129 + 2,587 329,749

 486 115 26 36,497 36,497 36,497 13,219 23,278 0 0 0 268 113 1,121 - 659 37,967

 463 83 36 33,206 33,206 33,206 12,027 21,179 0 0 0 340 57 1,743 + 1,661 37,589

 446 104 72 33,026 33,026 33,026 11,962 21,064 0 0 0 340 157 2,184 - 468 35,861

 853 147 70 63,553 63,535 63,535 23,012 40,524 0 0 17 357 156 6,771 + 864 72,771

 1,023 166 106 64,045 64,030 64,030 23,191 40,839 0 0 15 689 230 2,510 + 5,027 73,796

 947 212 93 70,312 70,228 70,228 25,436 44,792 0 0 84 267 209 2,535 - 8,997 65,578

 328 71 39 24,358 24,300 24,300 8,801 15,499 0 0 58 187 71 700 - 673 25,081

 2   15,6 15,5 15,5 5,6 9,9   1 2 1 6 - 3 16,6
 931,426

 173,098 758,327 758,327 11,037 2,200 745,091 0 790,092 27,549 762,543

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.

 931,426 173,098 758,327 27,509 20,922 16,113 4,443 88 277 5,905 5,180 817,843 15,030 12,901 2,039 847,813

 38,237 3,746 34,491 1,313 714 701 0 1 12 401 256 37,174 383 317 94 37,967

 349,122 49,605 299,518 10,182 10,115 5,444 4,443 59 169 580 1,755 322,148 3,676 3,685 240 329,749

 39,516 7,513 32,003 1,194 893 890 0 2 0 463 243 34,797 1,745 744 303 37,589

 37,001 6,246 30,754 1,188 774 769 0 3 2 629 249 33,593 1,123 1,013 131 35,861

 73,195 13,416 59,779 2,285 1,626 1,524 0 11 91 520 495 64,706 4,017 3,307 741 72,771

 93,058 26,780 66,277 2,303 1,867 1,865 0 3 0 712 442 71,602 1,072 892 230 73,796

 73,628 14,253 59,375 2,526 1,155 1,152 0 3 0 280 472 63,807 841 876 54 65,578

 27,127 4,106 23,021 874 500 498 0 0 2 157 189 24,741 155 144 41 25,081

 17,2 2,3 14,9 5 2 2    3 1 16,1 2 2  16,6

H.4.14. Statement of Condition of Each Federal Reserve Bank on August 16, 2006 (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

 Aug 16, 2006

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.