FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                 November 8, 2012


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   Nov 7, 2012 
Federal Reserve Banks                                      Nov 7, 2012 Oct 31, 2012  Nov 9, 2011              

Reserve Bank credit                                         2,810,831   +      175   -      702    2,812,979  
  Securities held outright (1)                              2,583,852   -      359   -   32,188    2,585,253  
    U.S. Treasury securities                                1,649,895   -      402   -    9,216    1,651,289  
      Bills (2)                                                     0            0   -   18,423            0  
      Notes and bonds, nominal (2)                          1,567,525   -      494   +    5,848    1,568,888  
      Notes and bonds, inflation-indexed (2)                   71,944            0   +    2,891       71,944  
      Inflation compensation (3)                               10,426   +       92   +      468       10,457  
    Federal agency debt securities (2)                         81,902            0   -   25,766       81,902  
    Mortgage-backed securities (4)                            852,055   +       42   +    2,794      852,063  
  Repurchase agreements (5)                                         0            0            0            0  
  Loans                                                         1,172   -      145   -    9,447        1,166  
    Primary credit                                                  9   -       17   +        4            6  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                48            0   +       24           48  
    Term Asset-Backed Securities Loan Facility (6)              1,114   -      129   -    9,477        1,113  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,572   +       11   -   11,400        1,572  
  Net portfolio holdings of Maiden Lane II LLC (8)                 61            0   -    9,275           61  
  Net portfolio holdings of Maiden Lane III LLC (9)                23            0   -   18,026           23  
  Net portfolio holdings of TALF LLC (10)                         855            0   +       61          855  
  Float                                                          -787   -      194   +       21         -911  
  Central bank liquidity swaps (11)                            12,465   -      438   +   10,520       12,465  
  Other Federal Reserve assets (12)                           211,620   +    1,301   +   69,033      212,495  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (13)                             44,718   +       14   +      575       44,718  
                                                                                                              
Total factors supplying reserve funds                       2,871,790   +      189   -      128    2,873,938  

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   Nov 7, 2012 
Federal Reserve Banks                                      Nov 7, 2012 Oct 31, 2012  Nov 9, 2011              

Currency in circulation (13)                                 1,144,474   +    7,687   +   92,333    1,147,184 
Reverse repurchase agreements (14)                              96,087   -    2,888   +    3,005       92,980 
  Foreign official and international accounts                   96,087   -    2,888   +    3,005       92,980 
  Others                                                             0            0            0            0 
Treasury cash holdings                                             147   +        4   +       36          151 
Deposits with F.R. Banks, other than reserve balances           54,092   -   20,168   -   35,307       55,909 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                                28,002   -   25,903   -    9,027       23,970 
  U.S. Treasury, Supplementary Financing Account                     0            0            0            0 
  Foreign official                                               5,901   +        3   +    5,776        5,931 
  Service-related                                                    0            0   -    2,504            0 
    Required clearing balances                                       0            0   -    2,504            0 
    Adjustments to compensate for float                              0            0            0            0 
  Other                                                         20,190   +    5,733   -   29,551       26,008 
Other liabilities and capital (15)                              67,044   +       21   -    1,620       66,418 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,361,845   -   15,343   +   58,449    1,362,642 
                                                                                                              
Reserve balances with Federal Reserve Banks                  1,509,945   +   15,531   -   58,576    1,511,296 

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   Nov 7, 2012 
                                                           Nov 7, 2012 Oct 31, 2012  Nov 9, 2011              

Marketable securities held in custody for foreign         
     official and international accounts (1)                 3,614,041   +    4,923   +  171,392    3,611,487 
  U.S. Treasury securities                                   2,918,293   +    6,039   +  198,063    2,915,446 
  Federal agency securities (2)                                695,749   -    1,115   -   26,670      696,041 
Securities lent to dealers                                       7,734   -      318   -    3,238        8,741 
  Overnight facility (3)                                         7,734   -      318   -    3,238        8,741 
    U.S. Treasury securities                                     7,074   -      309   -    2,850        8,088 
    Federal agency debt securities                                 660   -        9   -      387          653 

Note: Components may not sum to totals because of rounding.


1.  Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face         
    value and mortgage-backed securities at original face value.                                        
2.  Includes debt and mortgage-backed securities.                                                           
3.  Fully collateralized by U.S. Treasury securities.                                                       






2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, November 7, 2012    

Millions of dollars
Remaining Maturity                     Within 15    16 days to     91 days to   Over 1 year   Over 5 years    Over 10         All      
                                          days         90 days       1 year      to 5 years   to 10 years      years                   

Loans (1)                                      107           285            47           728             0           ...         1,166 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                       1           484            16       416,524       836,554       397,710     1,651,289 
  Weekly changes                                 0    +        2    -        3    -    7,660    +    9,856    +    3,760    +    5,955 
Federal agency debt securities (3)                                                                                                     
  Holdings                                   2,619         4,172        16,031        52,323         4,410         2,347        81,902 
  Weekly changes                        +    1,769    -    1,769             0             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0             3             1         1,486       850,572       852,063 
  Weekly changes                                 0             0             0    -        1    +       18    +        6    +       24 
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)             7,639         4,825             0             0             0             0        12,465 
                                                                                                                                       
Reverse repurchase agreements (6)           92,980             0           ...           ...           ...           ...        92,980 
Term deposits                                    0             0             0           ...           ...           ...             0 

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   
                                                                                                                       Nov 7, 2012  

Mortgage-backed securities held outright (1)                                                                               852,063  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                          125,710  
Commitments to sell mortgage-backed securities (2)                                                                           1,200  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   20  



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   
                                                                                                                       Nov 7, 2012  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,572  
                                                                                                                                    
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)                                  133  



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 September 30, 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   
                                                                                                                       Nov 7, 2012  

Net portfolio holdings of Maiden Lane II LLC (1)                                                                                61  
                                                                                                                                    
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 September 30, 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   
                                                                                                                       Nov 7, 2012  

Net portfolio holdings of Maiden Lane III LLC (1)                                                                               23  
                                                                                                                                    
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 September 30, 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   
                                                                                                                       Nov 7, 2012  

Asset-backed securities holdings (1)                                                                                             0  
Other investments, net                                                                                                         855  
Net portfolio holdings of TALF LLC                                                                                             855  
                                                                                                                                    
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)                                          113  



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, by the interest
received on investments of TALF LLC, by up to $1.4 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. 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        Nov 7, 2012   Wednesday    Wednesday  
                                                        consolidation                Oct 31, 2012  Nov 9, 2011 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        2,153   -        1   -      143  
  Securities, repurchase agreements, and loans                            2,586,419   +    5,883   -   49,226  
    Securities held outright (1)                                          2,585,253   +    5,979   -   39,787  
      U.S. Treasury securities                                            1,651,289   +    5,955   -   16,822  
        Bills (2)                                                                 0            0   -   18,423  
        Notes and bonds, nominal (2)                                      1,568,888   +    5,869   -    1,557  
        Notes and bonds, inflation-indexed (2)                               71,944            0   +    2,692  
        Inflation compensation (3)                                           10,457   +       86   +      465  
      Federal agency debt securities (2)                                     81,902            0   -   25,766  
      Mortgage-backed securities (4)                                        852,063   +       24   +    2,802  
    Repurchase agreements (5)                                                     0            0            0  
    Loans                                                                     1,166   -       96   -    9,439  
  Net portfolio holdings of Maiden Lane LLC (6)                               1,572            0   -   11,407  
  Net portfolio holdings of Maiden Lane II LLC (7)                               61            0   -    9,276  
  Net portfolio holdings of Maiden Lane III LLC (8)                              23            0   -   18,131  
  Net portfolio holdings of TALF LLC (9)                                        855            0   +       61  
  Items in process of collection                                   (0)          129   +        1   -      178  
  Bank premises                                                               2,343   -       10   +      164  
  Central bank liquidity swaps (10)                                          12,465   -      438   +   10,505  
  Other assets (11)                                                         210,153   +    2,222   +   67,624  
                                                                                                               
Total assets                                                       (0)    2,832,408   +    7,658   -   10,009  

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        Nov 7, 2012   Wednesday    Wednesday  
                                                        consolidation                Oct 31, 2012  Nov 9, 2011 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,104,765   +    5,190   +   89,573 
  Reverse repurchase agreements (12)                                          92,980   -    6,768   +    5,332 
  Deposits                                                          (0)    1,567,205   +    9,188   -  102,175 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         1,511,296   +   76,896   -   82,341 
    U.S. Treasury, General Account                                            23,970   -   75,996   -      223 
    U.S. Treasury, Supplementary Financing Account                                 0            0            0 
    Foreign official                                                           5,931   -       60   +    5,806 
    Other                                                           (0)       26,008   +    8,348   -   25,417 
  Deferred availability cash items                                  (0)        1,040   -       18   -      441 
  Other liabilities and accrued dividends (13)                                11,611   +       18   -    4,998 
                                                                                                               
Total liabilities                                                   (0)    2,777,602   +    7,611   -   12,708 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             27,403   +       23   +    1,350 
  Surplus                                                                     27,403   +       23   +    1,350 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 54,806   +       46   +    2,699 

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, November 7, 2012
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                                             2,153          50         103          147         145         384         203         315          36          51         162         200         358
  Securities, repurchase agreements,        
     and loans                                 2,586,419      62,791   1,450,547       85,463      65,728     183,996     155,882     143,422      40,418      23,527      51,949     100,456     222,240
    Securities held outright (1)               2,585,253      62,791   1,449,434       85,463      65,728     183,996     155,873     143,419      40,418      23,502      51,939     100,451     222,240
      U.S. Treasury securities                 1,651,289      40,107     925,802       54,588      41,983     117,525      99,561      91,606      25,816      15,012      33,175      64,161     141,952
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    1,651,289      40,107     925,802       54,588      41,983     117,525      99,561      91,606      25,816      15,012      33,175      64,161     141,952
      Federal agency debt securities (2)          81,902       1,989      45,919        2,708       2,082       5,829       4,938       4,544       1,280         745       1,645       3,182       7,041
      Mortgage-backed securities (4)             852,063      20,695     477,713       28,167      21,663      60,643      51,373      47,269      13,321       7,746      17,118      33,107      73,247
    Repurchase agreements (5)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                          1,166           0       1,114            0           0           0           9           4           0          25          10           6           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (6)                                  1,572           0       1,572            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (7)                                  61           0          61            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (8)                                 23           0          23            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)             855           0         855            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     129           0           0            0          23           0         104           1           0           0           0           0           0
  Bank premises                                    2,343         120         453           69         121         229         213         203         130         103         253         239         209
  Central bank liquidity swaps (10)               12,465         437       4,021        1,081         922       2,578         713         333         102          51         124         200       1,904
  Other assets (11)                              210,153       5,403     111,341        8,436       6,578      18,536      12,633      10,922       3,115       1,836       3,982       7,621      19,748
  Interdistrict settlement account                     0  +    1,203  -   49,035   -   15,351  -      570  -   22,566  +   37,175  -    4,736  +    2,198  +    3,845  -    3,319  +    2,998  +   48,158
                                                                                                                                                                                                         
Total assets                                   2,832,409      70,609   1,525,583       80,492      73,699     184,459     208,913     151,722      46,462      29,696      53,620     112,721     294,433

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, November 7, 2012 (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            1,324,076      47,017     463,338      47,640      60,866     102,612     177,293      94,604      37,488      22,510      36,260      90,646     143,802
    Less: Notes held by F.R. Banks               219,311       5,309      84,389       5,056       8,154      11,857      27,093      13,050       4,399       3,225       5,092      25,855      25,833
      Federal Reserve notes, net               1,104,765      41,708     378,949      42,584      52,712      90,755     150,200      81,554      33,089      19,285      31,168      64,791     117,969
  Reverse repurchase agreements (12)              92,980       2,258      52,130       3,074       2,364       6,618       5,606       5,158       1,454         845       1,868       3,613       7,993
  Deposits                                     1,567,205      23,689   1,069,992      30,281      14,007      75,095      48,557      62,917      11,262       9,033      19,813      43,060     159,500
    Term deposits held by depository        
        institutions                                   0           0           0           0           0           0           0           0           0           0           0           0           0
    Other deposits held by depository       
        institutions                           1,511,296      23,687   1,014,303      30,269      14,004      74,935      48,547      62,894      11,262       9,033      19,811      43,057     159,493
    U.S. Treasury, General Account                23,970           0      23,970           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, Supplementary            
        Financing Account                              0           0           0           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,931           1       5,904           3           3           8           2           1           0           0           0           1           6
    Other                                         26,008           0      25,815           8           0         151           7          21           0           0           1           2           1
  Deferred availability cash items                 1,041           0           0           0          41           0         860           0           0         139           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (13)                         1,380          29         880          32          12          62          71          83          19          12          32          55          94
  Other liabilities and accrued             
     dividends (14)                               10,231         246       6,169         316         294         765         507         451         186         152         183         325         637
                                                                                                                                                                                                        
Total liabilities                              2,777,602      67,930   1,508,119      76,287      69,430     173,294     205,802     150,162      46,010      29,467      53,064     111,844     286,193
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 27,403       1,339       8,732       2,103       2,134       5,583       1,556         780         226         115         278         438       4,120
  Surplus                                         27,403       1,339       8,732       2,103       2,134       5,583       1,556         780         226         115         278         438       4,120
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  2,832,409      70,609   1,525,583      80,492      73,699     184,459     208,913     151,722      46,462      29,696      53,620     112,721     294,433

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, November 7, 2012 (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   
                                                                                           Nov 7, 2012  

Federal Reserve notes outstanding                                                            1,324,076  
  Less: Notes held by F.R. Banks not subject to collateralization                              219,311  
    Federal Reserve notes to be collateralized                                               1,104,765  
Collateral held against Federal Reserve notes                                                1,104,765  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,088,529  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       2,585,253  
  Less: Face value of securities under reverse repurchase agreements                            78,929  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        2,506,324  

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.