FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                   March 28, 2013


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Mar 27, 2013 
Federal Reserve Banks                                     Mar 27, 2013 Mar 20, 2013 Mar 28, 2012              

Reserve Bank credit                                         3,187,398   +   20,857   +  314,867    3,184,791  
  Securities held outright (1)                              2,940,190   +   18,184   +  330,333    2,937,814  
    U.S. Treasury securities                                1,788,388   +   10,944   +  120,447    1,794,459  
      Bills (2)                                                     0            0   -   18,423            0  
      Notes and bonds, nominal (2)                          1,698,670   +   10,885   +  126,948    1,704,719  
      Notes and bonds, inflation-indexed (2)                   78,879            0   +   10,212       78,879  
      Inflation compensation (3)                               10,840   +       60   +    1,711       10,862  
    Federal agency debt securities (2)                         72,423   -      459   -   24,414       72,423  
    Mortgage-backed securities (4)                          1,079,379   +    7,698   +  234,300    1,070,932  
  Repurchase agreements (5)                                         0            0            0            0  
  Loans                                                           390   -        2   -    6,687          385  
    Primary credit                                                  8   +        2   +        4            4  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                 0            0   -        5            0  
    Term Asset-Backed Securities Loan Facility (6)                382   -        4   -    6,685          382  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,402            0   -    4,020        1,403  
  Net portfolio holdings of Maiden Lane II LLC (8)                 64            0   +       45           64  
  Net portfolio holdings of Maiden Lane III LLC (9)                22            0   -   17,428           22  
  Net portfolio holdings of TALF LLC (10)                         399            0   -      432          399  
  Float                                                          -613   +       68   +      222         -666  
  Central bank liquidity swaps (11)                             8,265   +      300   -   56,804        8,265  
  Other Federal Reserve assets (12)                           237,279   +    2,307   +   69,637      237,104  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (13)                             44,919   +       14   +      535       44,919  
                                                                                                              
Total factors supplying reserve funds                       3,248,558   +   20,871   +  315,402    3,245,951  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Mar 27, 2013 
Federal Reserve Banks                                     Mar 27, 2013 Mar 20, 2013 Mar 28, 2012              

Currency in circulation (13)                                 1,174,909   +      103   +   78,337    1,177,679 
Reverse repurchase agreements (14)                              91,632   -    4,031   +    6,548       92,541 
  Foreign official and international accounts                   91,632   -    4,031   +    6,548       92,541 
  Others                                                             0            0            0            0 
Treasury cash holdings                                             226   +        4   +       67          231 
Deposits with F.R. Banks, other than reserve balances          138,605   +    3,701   -   12,285       79,972 
  Term deposits held by depository institutions                  3,045            0   -       12        3,045 
  U.S. Treasury, General Account                                68,019   -    3,347   -   16,024       53,218 
  Foreign official                                               9,114   +    1,034   +    8,977        9,107 
  Service-related                                                    0            0   -    1,937            0 
    Required clearing balances                                       0            0   -    1,937            0 
    Adjustments to compensate for float                              0            0            0            0 
  Other                                                         58,427   +    6,014   -    3,290       14,601 
Other liabilities and capital (15)                              66,817   -    1,911   -    7,297       65,916 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,472,189   -    2,135   +   65,371    1,416,339 
                                                                                                              
Reserve balances with Federal Reserve Banks                  1,776,369   +   23,005   +  250,031    1,829,612 

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. Current face value of the securities, which      
    is the remaining principal balance of the underlying mortgages.                                     
5.  Cash value of agreements.                                                                               
6.  Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the      
    Term Asset-Backed Securities Loan Facility.                                                         
7.  Refer to table 4 and the note on consolidation accompanying table 9.                                    
8.  Refer to table 5 and the note on consolidation accompanying table 9.                                    
9.  Refer to table 6 and the note on consolidation accompanying table 9.                                    
10. Refer to table 7 and the note on consolidation accompanying table 9.                                    
11. 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.     
12. Includes other assets denominated in foreign currencies, which are revalued daily at market             
    exchange rates, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through
    the Term Asset-Backed Securities Loan Facility.                                                     
13. Estimated.                                                                                              
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC      
    to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
    only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on      
    consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
    to U.S. Treasury. Refer to table 8 and table 9.                                                     


Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Mar 27, 2013 
                                                          Mar 27, 2013 Mar 20, 2013 Mar 28, 2012              

Securities held in custody for foreign official and       
     international accounts                                  3,291,330   -   11,406   +  195,990    3,284,304 
  Marketable U.S. Treasury securities (1)                    2,951,067   -   15,867   +  283,976    2,945,239 
  Federal agency debt and mortgage-backed securities (2)       302,295   +    4,147   -   87,521      301,035 
  Other securities (3)                                          37,967   +      312   -      466       38,030 
Securities lent to dealers                                      17,064   +      352   -    2,715       20,945 
  Overnight facility (4)                                        17,064   +      352   -    2,715       20,945 
    U.S. Treasury securities                                    15,986   +      441   -    3,076       19,970 
    Federal agency debt securities                               1,078   -       89   +      361          975 

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, 8, and 9.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the underlying mortgages.                                     
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, March 27, 2013      

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans (1)                                        4             0             0           382             0           ...           385 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                       1             6           307       442,432       894,432       457,282     1,794,459 
  Weekly changes                                 0             0             0    +        8    +    6,831    +    2,968    +    9,807 
Federal agency debt securities (3)                                                                                                     
  Holdings                                     370         1,395        23,315        42,952         2,044         2,347        72,423 
  Weekly changes                        +      370    -      370             0             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0             1             1         2,560     1,068,370     1,070,932 
  Weekly changes                                 0             0             0             0    -       47    -   14,528    -   14,575 
Asset-backed securities held by      
  TALF LLC (5)                                   0             0             0             0             0             0             0 
Repurchase agreements (6)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (7)             1,165         7,100             0             0             0             0         8,265 
                                                                                                                                       
Reverse repurchase agreements (6)           92,541             0           ...           ...           ...           ...        92,541 
Term deposits                                3,045             0             0           ...           ...           ...         3,045 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden         
    Lane II LLC, Maiden Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's
    statement of condition consistent with consolidation under generally accepted accounting principles.
2.  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.             
3.  Face value.                                                                                             
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which      
    is the remaining principal balance of the underlying mortgages.                                     
5.  Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of     
    the underlying assets.                                                                              
6.  Cash value of agreements.                                                                               
7.  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.     






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Mar 27, 2013  

Mortgage-backed securities held outright (1)                                                                             1,070,932  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           95,185  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   96  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which      
    is the remaining principal balance of the underlying mortgages.                                     
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 8       
    and table 9.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Mar 27, 2013  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,403  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             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 December 31, 2012. 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 9.                                                  
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 8 and table 9.                      


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. Payments by Maiden Lane LLC from the proceeds of
the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to
the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan
Chase & Co. Any remaining funds will be paid to the FRBNY.

                                              

5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Mar 27, 2013  

Net portfolio holdings of Maiden Lane II LLC (1)                                                                                64  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (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 December 31, 2012. 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 9.                                                  
3.  Book value. The deferred payment represents the portion of the proceeds of the net portfolio            
    holdings due to subsidiaries of American International Group, Inc. in accordance with the asset purchase
    agreement. The fair value of this payment and accrued interest payable are included in other        
    liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.


Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden
Lane II LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was
formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment
portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC
from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of
Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment and interest due
to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.                  





6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Mar 27, 2013  

Net portfolio holdings of Maiden Lane III LLC (1)                                                                               22  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (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 December 31, 2012. 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 9.                                                  
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 8 and table 9.                      


Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden
Lane III LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was
formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group
of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection
with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments
by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following order:
operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due
to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

               

7. Information on Principal Accounts of TALF LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Mar 27, 2013  

Asset-backed securities holdings (1)                                                                                             0  
Other investments, net                                                                                                         399  
Net portfolio holdings of TALF LLC                                                                                             399  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (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.         
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 9.                                                  
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 8 and table 9.                      


Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities
Loan Facility (TALF) under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility
under which the Federal Reserve Bank of New York (FRBNY) extends loans with a term of up to five years to
holders of eligible asset-backed securities. The TALF is intended to assist financial markets in accommodating the
credit needs of consumers and businesses by facilitating the issuance of asset-backed securities collateralized
by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to
the FRBNY. The loans are extended for the market value of the security less an amount known as a haircut. As a
result, the borrower bears the initial risk of a decline in the value of the security.                      

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received
by the FRBNY in connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed,
for a fee, to purchase all asset-backed securities received by the FRBNY in conjunction with a TALF loan at a
price equal to the TALF loan plus accrued but unpaid interest. Losses on asset-backed securities held by TALF
LLC will be offset in the following order: by the commitment fees collected by TALF LLC then by the interest
received on investments of TALF LLC. Payments by TALF LLC from the proceeds of its net portfolio holdings will be
made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the
U.S. Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be
shared by the FRBNY and the U.S. Treasury.                                                                  




8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Mar 27, 2013   Wednesday    Wednesday  
                                                        consolidation                Mar 20, 2013 Mar 28, 2012 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        2,108   -       12   -      211  
  Securities, repurchase agreements, and loans                            2,938,199   -    4,775   +  332,963  
    Securities held outright (1)                                          2,937,814   -    4,769   +  339,639  
      U.S. Treasury securities                                            1,794,459   +    9,807   +  129,548  
        Bills (2)                                                                 0            0   -   18,423  
        Notes and bonds, nominal (2)                                      1,704,719   +    9,747   +  136,055  
        Notes and bonds, inflation-indexed (2)                               78,879            0   +   10,212  
        Inflation compensation (3)                                           10,862   +       60   +    1,704  
      Federal agency debt securities (2)                                     72,423            0   -   24,055  
      Mortgage-backed securities (4)                                      1,070,932   -   14,575   +  234,146  
    Repurchase agreements (5)                                                     0            0            0  
    Loans                                                                       385   -        7   -    6,676  
  Net portfolio holdings of Maiden Lane LLC (6)                               1,403   +        2   -    4,014  
  Net portfolio holdings of Maiden Lane II LLC (7)                               64            0   +       45  
  Net portfolio holdings of Maiden Lane III LLC (8)                              22            0   -   17,433  
  Net portfolio holdings of TALF LLC (9)                                        399            0   -      432  
  Items in process of collection                                   (0)          125   -      372   +       89  
  Bank premises                                                               2,303            0   -       80  
  Central bank liquidity swaps (10)                                           8,265   +      300   -   56,803  
  Other assets (11)                                                         234,801   +      229   +   69,340  
                                                                                                               
Total assets                                                       (0)    3,203,926   -    4,627   +  323,463  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Mar 27, 2013   Wednesday    Wednesday  
                                                        consolidation                Mar 20, 2013 Mar 28, 2012 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,135,095   +    2,539   +   78,677 
  Reverse repurchase agreements (12)                                          92,541   -      384   +    9,314 
  Deposits                                                          (0)    1,909,584   -    4,330   +  242,985 
    Term deposits held by depository institutions                              3,045            0   -       12 
    Other deposits held by depository institutions                         1,829,612   +   73,388   +  264,630 
    U.S. Treasury, General Account                                            53,218   -   17,913   -   15,234 
    Foreign official                                                           9,107   +      155   +    8,980 
    Other                                                           (0)       14,601   -   59,961   -   15,380 
  Deferred availability cash items                                  (0)          791   -      347   -      192 
  Other liabilities and accrued dividends (13)                                10,788   -    2,137   -    8,014 
                                                                                                               
Total liabilities                                                   (0)    3,148,798   -    4,661   +  322,769 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             27,564   +       17   +      347 
  Surplus                                                                     27,564   +       17   +      347 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 55,128   +       34   +      694 

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. Current face value of the securities, which      
    is the remaining principal balance of the underlying mortgages.                                     
5.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
6.  Refer to table 4 and the note on consolidation accompanying table 9.                                    
7.  Refer to table 5 and the note on consolidation accompanying table 9.                                    
8.  Refer to table 6 and the note on consolidation accompanying table 9.                                    
9.  Refer to table 7 and the note on consolidation accompanying table 9.                                    
10. 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.     
11. Includes other assets denominated in foreign currencies, which are revalued daily at market             
    exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
    (FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility.               
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC      
    to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
    only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on      
    consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
    to U.S. Treasury.                                                                                   

 



9. Statement of Condition of Each Federal Reserve Bank, March 27, 2013
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         408       3,824          437         515         890       1,337         839         313         192         315         725       1,242
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             2,108          41         106          138         154         377         190         310          34          54         164         185         355
  Securities, repurchase agreements,        
     and loans                                 2,938,199      71,354   1,647,480       97,118      74,692     209,088     177,130     162,977      45,930      26,708      59,022     114,152     252,548
    Securities held outright (1)               2,937,814      71,354   1,647,098       97,118      74,692     209,088     177,130     162,977      45,930      26,707      59,022     114,149     252,548
      U.S. Treasury securities                 1,794,459      43,584   1,006,071       59,321      45,623     127,714     108,193      99,549      28,055      16,313      36,051      69,724     154,260
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    1,794,459      43,584   1,006,071       59,321      45,623     127,714     108,193      99,549      28,055      16,313      36,051      69,724     154,260
      Federal agency debt securities (2)          72,423       1,759      40,604        2,394       1,841       5,154       4,367       4,018       1,132         658       1,455       2,814       6,226
      Mortgage-backed securities (4)           1,070,932      26,011     600,423       35,403      27,228      76,220      64,570      59,411      16,743       9,736      21,515      41,611      92,062
    Repurchase agreements (5)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            385           0         382            0           0           0           0           0           0           1           0           3           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (6)                                  1,403           0       1,403            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (7)                                  64           0          64            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (8)                                 22           0          22            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)             399           0         399            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     125           0           0            0           0           0         124           0           0           0           0           0           0
  Bank premises                                    2,303         117         428           71         114         228         214         202         130         102         251         237         207
  Central bank liquidity swaps (10)                8,265         406       2,642          639         645       1,736         471         236          69          35          84         131       1,172
  Other assets (11)                              234,801       6,327     125,486        8,820       7,229      20,164      14,110      12,375       3,530       2,071       4,499       8,688      21,502
  Interdistrict settlement account                     0  -    2,253  +   44,765   -   17,837  -    6,730  -   46,371  +    9,178  -   14,356  -    1,265  -    1,782  -   11,037  -   15,013  +   62,703
                                                                                                                                                                                                         
Total assets                                   3,203,926      76,596   1,828,438       89,596      76,856     186,525     203,408     163,006      48,891      27,471      53,450     109,386     340,304

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, March 27, 2013 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,402,657      46,892     526,322      46,559      60,987     102,245     174,517      94,415      36,762      23,519      37,519      97,950     154,970
    Less: Notes held by F.R. Banks               267,562      10,988      97,976       4,352       9,050      11,191      30,852      14,565       3,445       7,459       9,949      42,736      24,998
      Federal Reserve notes, net               1,135,095      35,905     428,346      42,207      51,937      91,054     143,665      79,850      33,317      16,060      27,569      55,214     129,972
  Reverse repurchase agreements (12)              92,541       2,248      51,883       3,059       2,353       6,586       5,580       5,134       1,447         841       1,859       3,596       7,955
  Deposits                                     1,909,584      35,464   1,324,683      39,673      17,961      76,493      49,801      75,893      13,454       9,970      23,242      49,275     193,672
    Term deposits held by depository        
        institutions                               3,045          10       1,762           0           0          40         388           5           0         100         205           5         530
    Other deposits held by depository       
        institutions                           1,829,612      35,452   1,246,221      39,639      17,958      76,324      49,404      75,860      13,454       9,869      23,036      49,268     193,128
    U.S. Treasury, General Account                53,218           0      53,218           0           0           0           0           0           0           0           0           0           0
    Foreign official                               9,107           2       9,080           3           3           8           2           1           0           0           0           1           6
    Other                                         14,601           0      14,402          31           0         121           7          27           0           0           1           2           9
  Deferred availability cash items                   791           0           0           0           0           0         593           0           0         198           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (13)                         1,290          27         777          39          28          82          74          74          17          11          24          35         102
  Other liabilities and accrued             
     dividends (14)                                9,498         258       5,227         327         300         802         553         486         192         157         196         352         647
                                                                                                                                                                                                        
Total liabilities                              3,148,798      73,901   1,810,916      85,306      72,578     175,018     200,266     161,437      48,428      27,237      52,891     108,472     332,348
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 27,564       1,348       8,761       2,145       2,139       5,754       1,571         785         232         117         280         457       3,978
  Surplus                                         27,564       1,348       8,761       2,145       2,139       5,754       1,571         785         232         117         280         457       3,978
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  3,203,926      76,596   1,828,438      89,596      76,856     186,525     203,408     163,006      48,891      27,471      53,450     109,386     340,304

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, March 27, 2013 (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. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.                                      
5.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
6.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
7.  Refer to table 5 and the note on consolidation below.                                                                                                                                                   
8.  Refer to table 6 and the note on consolidation below.                                                                                                                                                   
9.  Refer to table 7 and the note on consolidation below.                                                                                                                                                   
10. 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.                                                                                                 
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York     
    (FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility.                                                                                                               
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
13. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to      
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the     
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires
    the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount    
    necessary to equate surplus with capital paid-in.                                                                                                                                                   
14. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have         
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.                                                                        


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a
loan was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase
multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a
loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American
International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities
received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.                                        

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any
residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the
FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net
assets of the LLCs appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to
the portfolio holdings of the LLCs, are included in other liabilities in this table (and table 1 and table 8).

                                                                            



10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Mar 27, 2013  

Federal Reserve notes outstanding                                                            1,402,657  
  Less: Notes held by F.R. Banks not subject to collateralization                              267,562  
    Federal Reserve notes to be collateralized                                               1,135,095  
Collateral held against Federal Reserve notes                                                1,135,095  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,118,858  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       2,937,814  
  Less: Face value of securities under reverse repurchase agreements                            79,599  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        2,858,214  

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.