FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             April 13, 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           Apr 12, 2006  Apr 5, 2006 Apr 13, 2005 Apr 12, 2006
Federal Reserve Banks

Reserve Bank Credit                                         817,880    -   2,599    +  36,484      819,522
 Securities held outright                                   758,559    +      15    +  41,190      758,563       
    U.S. Treasury (1)                                       758,559    +      15    +  41,190      758,563
       Bills (2)                                            275,370            0    +  12,365      275,370
       Notes and bonds, nominal (2)                         457,177            0    +  24,292      457,177
       Notes and bonds, inflation-indexed (2)                22,646            0    +   3,538       22,646
       Inflation compensation (3)                             3,365    +      14    +     994        3,370
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    19,464    -   4,679    -   3,429       18,750
 Loans to depository institutions                               600    +     306    +     320        3,755
    Primary credit                                              526    +     291    +     315        3,676
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              74    +      15    +       6           79
 Float                                                         -390    +   1,410    -     253       -1,354
 Other Federal Reserve assets                                39,647    +     349    -   1,345       39,807
Gold stock                                                   11,043            0    +       2       11,043
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            36,679    +      14    +     134       36,679
       
Total factors supplying reserve funds                       867,803    -   2,584    +  36,620      869,445
                                                                   
Currency in circulation(5)                                  789,504    +   1,063    +  35,357      791,310
Reverse repurchase agreements (6)                            23,646    -   1,535    +     223       24,016
   Foreign official and international accounts               23,646    -   1,535    +     223       24,016
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          200    -       8    -      76          209
Deposits with F.R.Banks, other than reserve balances         13,231    -      78    -   1,827       12,438       
  U.S. Treasury, general account                              5,126    -     102    -      49        4,334
  Foreign official                                               86    +       1    +       6           90
  Service-related                                             7,729            0    -   1,784        7,729
     Required clearing balances                               7,729            0    -   1,784        7,729
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         290    +      23    +       2          285
Other liabilities and capital                                33,001    +      62    +   4,673       32,551

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  859,582    -     495    +  38,350      860,525

Reserve balances with Federal Reserve Banks                   8,220    -   2,090    -   1,731        8,919
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,592,376    -   1,500    + 203,087    1,603,772
     U.S. Treasury                                        1,124,662    -   2,929    +  44,643    1,131,217
     Federal agency                                         467,713    +   1,429    + 158,443      472,555
  Securities lent to dealers                                  1,092    -   1,067    +     521          517   


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 Apr 12, 2006      Apr 5, 2006     Apr 13, 2005

Assets
Gold certificate account                                        11,039                0        +       2
Special drawing rights certificate account                       2,200                0                0
Coin                                                               798        +       1        +      73
Securities, repurchase agreements, and loans                   781,068        +   3,203        +  35,362
   Securities held outright                                    758,563        +      12        +  41,183
      U.S. Treasury (1)                                        758,563        +      12        +  41,183       
         Bills (2)                                             275,370                0        +  12,365
         Notes and bonds, nominal (2)                          457,177                0        +  24,292
         Notes and bonds, inflation-indexed (2)                 22,646                0        +   3,538
         Inflation compensation (3)                              3,370        +      12        +     989
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    18,750        -     500        -   9,500    
   Loans                                                         3,755        +   3,691        +   3,679
Items in process of collection                    (1,105)        5,103        -   1,210        -   1,774
Bank premises                                                    1,833        +       1        +      30
Other assets (5)                                                37,970        +     248        -   1,238
      Total assets                                (1,105)      840,011        +   2,243        +  32,454
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  755,634        +   1,067        +  36,151
Reverse repurchase agreements (6)                               24,016        +     493        +   1,258
Deposits                                              (0)       21,355        +   1,333        -   8,141       
  Depository institutions                                       16,646        +   1,723        -   7,535
  U.S. Treasury, general account                                 4,334        -     329        -     592
  Foreign official                                                  90        +       6        +      10
  Other                                               (0)          285        -      67        -      23
Deferred availability cash items                  (1,105)        6,455        -     404        -   1,019
Other liabilities and accrued dividends (7)                      4,638        +      25        +   1,360
      Total liabilities                           (1,105)      812,098        +   2,513        +  29,608
                          
Capital Accounts
Capital paid in                                                 13,771        +       5        +   1,047
Surplus                                                         12,901                0        +   1,672
Other capital accounts                                           1,241        -     274        +     127
      Total capital                                             27,913        -     270        +   2,846


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,     April 12, 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           3,690       49,823   +   2,593            0           0       18,750       24,016
16 days to 90 days          65      172,127   -   2,127            0           0            0            0
91 days to 1 year            0      185,412   -     466            0           0     ------      ------
Over 1 to 5 years     ------        215,823   +       4            0           0     ------      ------
Over 5 to 10 years    ------         55,380   +       2            0           0     ------      ------
Over 10 years         ------         79,998   +       6            0           0     ------      ------
                   		 	
All                      3,755      758,563   +      12            0           0       18,750      24,016

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     April 12, 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                      11,039        510      4,357        432        453        836        945        928        327        212        318        549      1,172
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             798         39         65         46         61         72         89         96         44         38         69         69        111
Securities, repurchase agreements,
      and loans                              781,068     38,997    321,524     26,910     32,253     59,203     58,688     68,351     23,544     15,859     21,460     37,362     76,916
   Securities held outright                  758,563     38,810    300,797     26,910     32,046     57,891     58,686     68,312     23,539     15,843     21,455     37,360     76,914
      U.S. Treasury (1)                      758,563     38,810    300,797     26,910     32,046     57,891     58,686     68,312     23,539     15,843     21,455     37,360     76,914
         Bills (2)                           275,370     14,089    109,194      9,769     11,633     21,015     21,304     24,798      8,545      5,751      7,789     13,562     27,921
         Notes and bonds(3)                  483,193     24,722    191,603     17,141     20,413     36,876     37,382     43,514     14,994     10,092     13,667     23,798     48,993
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                18,750          0     18,750          0          0          0          0          0          0          0          0          0          0
      Loans                                    3,755        187      1,977          0        208      1,312          2         39          5         16          5          2          3
Items in process of collection                 6,208        537        433        480        564        480        806        247        231        256        587        331      1,258
Bank premises                                  1,833        113        205         55        157        153        232        210         69        118         95        259        166
Other assets(5)                               37,970      1,267     14,162      1,670      2,200      6,626      2,638      2,683        740        702        703      1,022      3,555
Interdistrict settlement account                   0    - 4,193    -25,551    + 6,775    +   893    + 6,634    + 8,112    - 3,127    +   603    -    97    + 2,596    - 4,517    +11,871
          Total Assets                       841,117     37,385    316,069     36,450     36,685     74,150     71,677     69,600     25,630     17,119     25,895     35,173     95,284

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     April 12, 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             914,107     38,652    332,744     39,246     36,904     73,253     86,841     76,104     27,705     17,609     27,363     49,278    108,408
  Less: notes held by F.R. Banks              158,474      4,690     43,893      6,712      5,686     12,492     22,364     12,997      4,018      2,501      4,051     17,303     21,767
    Federal Reserve notes, net                755,634     33,962    288,851     32,534     31,219     60,761     64,477     63,108     23,688     15,108     23,312     31,975     86,641
Reverse repurchase agreements (1)              24,016      1,229      9,523        852      1,015      1,833      1,858      2,163        745        502        679      1,183      2,435
Deposits                                       21,355        772      7,543        643      1,662      2,691      1,947      1,731        532        532        808        713      1,780
  Depository institutions                      16,646        771      2,974        641      1,657      2,575      1,944      1,728        531        532        807        711      1,776
  U.S. Treasury, general account                4,334          0      4,334          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 90          1         61          2          3         11          3          3          0          1          1          0          4
  Other                                           285          0        173          0          1        105          0          0          1          0          1          2          0
Deferred availability cash items                7,561        507        973        706        541        595        881        361        187        354        585        622      1,249
Other liabilities and accrued                 
  dividends (2)                                 4,638        241      1,621        190        227        462        377        418        166        127        148        228        434
   
    Total liabilities                         813,203     36,710    308,511     34,924     34,662     66,341     69,540     67,779     25,319     16,623     25,534     34,721     92,538
                              
Capital                    
Capital paid in                                13,771        324      3,670        758      1,000      3,946      1,051        893        147        243        173        211      1,355
Surplus                                        12,901        317      3,685        744      1,013      3,307        892        876        144        245        175        153      1,349
Other capital                                   1,241         35        202         24          9        555        194         51         20          7         14         88         42
     Total liabilities and capital            841,117     37,385    316,069     36,450     36,685     74,150     71,677     69,600     25,630     17,119     25,895     35,173     95,284
                              

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
                                          Apr 12, 2006
              
Federal Reserve notes outstanding             914,107
   Less: Notes held by F.R. Banks
         not subject to collateralization     158,474
      Federal Reserve Notes to be
         collateralized                       755,634 
Collateral held against Federal Reserve            
   notes                                      755,634
   Gold certificate account                    11,039
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              742,395
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         777,313
   Less:face value of securities under
         reverse repurchase agreements         24,048
      U.S. Treasury and agency securities
             eligible to be pledged           753,266
   

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.