FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks August 18, 2016

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Aug 17, 2016 Aug 10, 2016 Aug 19, 2015

Wednesday

Aug 17, 2016

Reserve Bank credit 4,438,247 + 10,366 - 22,332 4,426,161

Securities held outright1 4,242,042 + 15,523 - 4,847 4,239,293

U.S. Treasury securities 2,463,070 + 148 + 1,318 2,463,447

Bills2 0 0 0 0

Notes and bonds, nominal2 2,342,262 + 58 - 4,379 2,342,604

Notes and bonds, inflation-indexed2 103,596 0 + 5,062 103,596

Inflation compensation3 17,213 + 91 + 636 17,247

Federal agency debt securities2 22,492 0 - 12,601 22,492

Mortgage-backed securities4 1,756,479 + 15,375 + 6,434 1,753,354

Unamortized premiums on securities held outright5 179,322 + 319 - 16,925 179,130

Unamortized discounts on securities held outright5 -15,683 + 28 + 1,634 -15,677

Repurchase agreements6 0 0 0 0

Loans 208 + 16 - 50 212

Primary credit 3 - 2 - 32 3

Secondary credit 0 0 0 0

Seasonal credit 205 + 18 - 19 208

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,707 + 2 + 5 1,707

Float -398 - 61 - 445 -301

Central bank liquidity swaps8 105 - 470 - 27 105

Other Federal Reserve assets9 30,944 - 4,991 - 1,676 21,692

Foreign currency denominated assets10 21,504 + 185 + 1,873 21,627

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding11 48,025 + 14 + 850 48,025

Total factors supplying reserve funds 4,524,017 + 10,565 - 19,610 4,512,054

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

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Aug 17, 2016 Aug 10, 2016 Aug 19, 2015

Wednesday

Aug 17, 2016

Currency in circulation11 1,464,201 - 432 + 88,412 1,464,578

Reverse repurchase agreements12 303,344 - 194 + 66,137 323,693

Foreign official and international accounts 245,249 + 2,661 + 80,867 242,356

Others 58,095 - 2,855 - 14,730 81,337

Treasury cash holdings 113 + 7 - 38 121

Deposits with F.R. Banks, other than reserve balances 379,338 + 77,588 + 44,779 340,768

Term deposits held by depository institutions 58,594 + 58,594 - 64,668 58,594

U.S. Treasury, General Account 260,810 + 978 + 82,927 241,426

Foreign official 5,188 - 16 - 59 5,265

Other13 54,745 + 18,032 + 26,578 35,483

Other liabilities and capital14 48,478 + 279 - 18,875 47,022

Total factors, other than reserve balances,

absorbing reserve funds 2,195,473 + 77,247 + 180,414 2,176,181

Reserve balances with Federal Reserve Banks 2,328,544 - 66,682 - 200,024 2,335,873

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. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve

Banks as fiscal agents of the United States.

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.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Memorandum item Week ended Change from week ended

Aug 17, 2016 Aug 10, 2016 Aug 19, 2015

Wednesday

Aug 17, 2016

Securities held in custody for foreign official and international

accounts 3,203,373 + 2,893 - 153,492 3,207,743

Marketable U.S. Treasury securities1 2,877,377 + 256 - 139,404 2,881,501

Federal agency debt and mortgage-backed securities2 266,805 + 1,937 - 28,929 266,846

Other securities3 59,191 + 700 + 14,841 59,396

Securities lent to dealers 21,517 - 728 + 9,596 23,710

Overnight facility4 21,517 - 728 + 9,596 23,710

U.S. Treasury securities 21,507 - 725 + 9,646 23,710

Federal agency debt securities 10 - 3 - 50 0

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, August 17, 2016

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans 197 14 0 0 0 ... 212

U.S. Treasury securities1

Holdings 6,976 26,929 158,078 1,207,329 429,152 634,983 2,463,447

Weekly changes + 625 + 6,597 + 5,085 + 16,695 - 25,137 - 3,374 + 491

Federal agency debt securities2

Holdings 0 3,999 10,396 5,750 0 2,347 22,492

Weekly changes 0 0 0 0 0 0 0

Mortgage-backed securities3

Holdings 0 0 0 1,217 10,972 1,741,165 1,753,354

Weekly changes 0 0 0 + 19 + 983 + 11,243 + 12,245

Repurchase agreements4 0 0 ... ... ... ... 0

Central bank liquidity swaps5 105 0 0 0 0 0 105

Reverse repurchase agreements4 323,693 0 ... ... ... ... 323,693

Term deposits 58,594 0 0 ... ... ... 58,594

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.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday Account name Aug 17, 2016

Mortgage-backed securities held outright1 1,753,354

Commitments to buy mortgage-backed securities2 34,654

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 25

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

Wednesday Account name Aug 17, 2016

Net portfolio holdings of Maiden Lane LLC1 1,707

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

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 June 30, 2016. 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.
H.4.1

5. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Aug 17, 2016 Aug 10, 2016 Aug 19, 2015

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,930 + 18 + 31

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,402,957 + 13,014 - 21,059

Securities held outright1 4,239,293 + 12,737 - 5,660

U.S. Treasury securities 2,463,447 + 491 + 1,662

Bills2 0 0 0

Notes and bonds, nominal2 2,342,604 + 400 - 4,037

Notes and bonds, inflation-indexed2 103,596 0 + 5,062

Inflation compensation3 17,247 + 91 + 637

Federal agency debt securities2 22,492 0 - 12,601

Mortgage-backed securities4 1,753,354 + 12,245 + 5,279

Unamortized premiums on securities held outright5 179,130 + 245 - 16,916

Unamortized discounts on securities held outright5 -15,677 + 22 + 1,628

Repurchase agreements6 0 0 0

Loans 212 + 12 - 110

Net portfolio holdings of Maiden Lane LLC7 1,707 0 + 6

Items in process of collection (0) 221 - 4 - 93

Bank premises 2,211 + 1 - 25

Central bank liquidity swaps8 105 - 470 - 27

Foreign currency denominated assets9 21,627 + 195 + 2,019

Other assets10 19,481 - 15,208 - 1,584

Total assets (0) 4,466,476 - 2,453 - 20,732

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

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

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Aug 17, 2016 Aug 10, 2016 Aug 19, 2015

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,418,599 - 777 + 87,197

Reverse repurchase agreements11 323,693 + 2,622 + 75,799

Deposits (0) 2,676,641 - 4,210 - 166,015

Term deposits held by depository institutions 58,594 + 58,594 - 64,668

Other deposits held by depository institutions 2,335,873 - 46,907 - 217,714

U.S. Treasury, General Account 241,426 - 10,669 + 99,350

Foreign official 5,265 + 69 + 20

Other12 (0) 35,483 - 5,297 + 16,997

Deferred availability cash items (0) 522 - 7 + 238

Other liabilities and accrued dividends13 6,882 - 100 + 121

Total liabilities (0) 4,426,337 - 2,472 - 2,661

Capital accounts

Capital paid in 30,139 + 19 + 1,034

Surplus 10,000 0 - 19,105

Other capital accounts 0 0 0

Total capital 40,139 + 19 - 18,071

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. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the

Reserve Banks as fiscal agents of the United States.

13. Includes the liability for earnings remittances due to the U.S. Treasury.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, August 17, 2016

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 11,037 355 3,588 359 586 760 1,541 753 360 193 296 875 1,371

Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574

Coin 1,930 42 74 153 139 299 196 280 32 57 135 194 328

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,402,957 108,156 2,505,458 119,544 131,855 269,068 246,423 175,454 55,633 32,551 61,288 156,721 540,806

Securities held outright1 4,239,293 104,139 2,412,442 115,106 126,960 259,079 237,270 168,914 53,503 31,254 59,000 150,897 520,729

U.S. Treasury securities 2,463,447 60,515 1,401,866 66,888 73,776 150,550 137,877 98,156 31,091 18,162 34,285 87,686 302,595

Bills2 0 0 0 0 0 0 0 0 0 0 0 0 0

Notes and bonds3 2,463,447 60,515 1,401,866 66,888 73,776 150,550 137,877 98,156 31,091 18,162 34,285 87,686 302,595

Federal agency debt securities2 22,492 553 12,799 611 674 1,375 1,259 896 284 166 313 801 2,763

Mortgage-backed securities4 1,753,354 43,072 997,776 47,607 52,510 107,154 98,134 69,862 22,129 12,927 24,402 62,410 215,371

Unamortized premiums on securities 

held outright5 179,130 4,400 101,937 4,864 5,365 10,947 10,026 7,137 2,261 1,321 2,493 6,376 22,003

Unamortized discounts on securities 

held outright5 -15,677 -385 -8,921 -426 -469 -958 -877 -625 -198 -116 -218 -558 -1,926

Repurchase agreements6 0 0 0 0 0 0 0 0 0 0 0 0 0

Loans 212 1 0 0 0 0 5 27 67 91 13 6 0

Net portfolio holdings of Maiden

Lane LLC7 1,707 0 1,707 0 0 0 0 0 0 0 0 0 0

Items in process of collection 221 0 0 0 0 0 220 0 0 0 0 0 0

Bank premises 2,211 119 430 73 105 207 208 201 115 90 240 225 197

Central bank liquidity swaps8 105 5 35 6 8 23 6 3 1 0 1 1 16

Foreign currency denominated

assets9 21,627 956 7,138 1,190 1,647 4,823 1,201 580 222 92 216 274 3,290

Other assets10 19,481 520 10,579 535 589 1,370 1,096 789 339 171 330 763 2,401

Interdistrict settlement account 0 - 17,783 - 20,772 - 16,406 - 800 - 18,210 + 6,577 - 945 + 1,205 + 91 - 1,199 + 14,865 + 53,376

Total assets 4,466,476 92,566 2,510,054 105,663 134,367 258,753 258,122 177,539 58,057 33,337 61,459 174,200 602,360

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

6. Statement of Condition of Each Federal Reserve Bank, August 17, 2016 (continued)

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 1,608,855 49,941 525,694 50,191 81,836 113,083 221,456 105,582 50,217 27,690 41,219 133,524 208,422

Less: Notes held by F.R. Banks 190,255 6,161 59,445 6,336 9,153 13,869 28,555 12,095 5,257 2,887 5,280 15,620 25,597

Federal Reserve notes, net 1,418,599 43,780 466,248 43,855 72,682 99,214 192,901 93,488 44,960 24,803 35,939 117,904 182,826

Reverse repurchase agreements11 323,693 7,952 184,203 8,789 9,694 19,782 18,117 12,897 4,085 2,386 4,505 11,522 39,760

Deposits 2,676,641 38,884 1,843,020 50,605 48,688 130,331 44,204 69,330 8,422 5,550 20,474 43,984 373,150

Term deposits held by depository

institutions 58,594 50 24,815 16,500 501 1 0 5,615 0 0 2,572 40 8,500

Other deposits held by depository

institutions 2,335,873 38,830 1,543,849 34,103 48,184 130,059 44,195 56,206 8,413 5,550 17,900 43,942 364,641

U.S. Treasury, General Account 241,426 0 241,426 0 0 0 0 0 0 0 0 0 0

Foreign official 5,265 2 5,238 2 3 9 2 1 0 0 0 1 6

Other12 35,483 2 27,692 0 0 262 7 7,508 8 0 1 1 3

Deferred availability cash items 522 0 0 0 0 0 244 0 0 277 0 0 0

Earnings remittances due to the U.S.

Treasury13 1,784 44 1,022 48 53 105 105 71 22 12 22 65 214

Other liabilities and accrued

dividends 5,099 158 2,407 196 200 511 334 259 137 137 127 217 415

Total liabilities 4,426,337 90,818 2,496,900 103,493 131,318 249,943 255,905 176,046 57,626 33,166 61,066 173,692 596,365

Capital

Capital paid in 30,139 1,306 9,855 1,620 2,287 6,579 1,662 1,225 329 128 293 381 4,474

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 4,466,476 92,566 2,510,054 105,663 134,367 258,753 258,122 177,539 58,057 33,337 61,459 174,200 602,360

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

6. Statement of Condition of Each Federal Reserve Bank, August 17, 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. Also includes certain

deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.

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).
H.4.1

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

Millions of dollars

Wednesday Federal Reserve notes and collateral Aug 17, 2016

Federal Reserve notes outstanding 1,608,855

Less: Notes held by F.R. Banks not subject to collateralization 190,255

Federal Reserve notes to be collateralized 1,418,599

Collateral held against Federal Reserve notes 1,418,599

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,402,362

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 4,239,293

Less: Face value of securities under reverse repurchase agreements 302,136

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,937,157

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.