FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                          November 27, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Nov 25, 2009 Nov 18, 2009 Nov 26, 2008 Nov 25, 2009

Reserve Bank credit                                       2,189,831   -    1,552   +   97,399    2,189,044
  Securities held outright (1)                            1,785,029   +   11,076   +1,296,353    1,783,726       
    U.S. Treasury securities                                776,532   +        8   +  300,117      776,535
      Bills (2)                                              18,423            0            0       18,423
      Notes and bonds, nominal (2)                          707,649            0   +  297,158      707,649
      Notes and bonds, inflation-indexed (2)                 44,643            0   +    3,572       44,643
      Inflation compensation (3)                              5,818   +        8   -      611        5,821
    Federal agency debt securities (2)                      153,625   +    1,888   +  141,364      155,066
    Mortgage-backed securities (4)                          854,872   +    9,180   +  854,872      852,124
  Repurchase agreements (5)                                       0            0   -   80,000            0
  Term auction credit                                       101,009   -    8,447   -  305,499      101,009  
  Other loans                                               108,484   +      238   -  174,696      109,578
    Primary credit                                           19,932   +      139   -   73,696       19,921
    Secondary credit                                              0            0   -      225            0
    Seasonal credit                                              69   -       13   +       64           58
    Primary dealer and other broker-dealer credit (6)             0            0   -   52,418            0
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                              0            0   -   57,318            0
    Credit extended to American International
      Group, Inc., net (7)                                   44,943   +      182   -   34,642       45,063
    Term Asset-Backed Securities Loan Facility, net (8)      43,539   -       72   +   43,539       44,537
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (9)                                 15,042   -       72   -  267,155       15,046
  Net portfolio holdings of Maiden Lane LLC (10)             26,350   +       10   -      578       26,361
  Net portfolio holdings of Maiden Lane II LLC (11)          15,777   +       39   +   15,777       15,845
  Net portfolio holdings of Maiden Lane III LLC (12)         22,952   +       18   +   16,942       22,961
  Net portfolio holdings of TALF LLC (13)                       266   +       35   +      266          266
  Float                                                      -1,600   +      369   -    1,123       -1,641
  Central bank liquidity swaps (14)                          25,811   -    2,467   -  453,628       25,811
  Other Federal Reserve assets (15)                          90,710   -    2,351   +   50,739       90,083
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    5,200            0   +    3,000        5,200
Treasury currency outstanding (16)                           42,619   +       14   +    3,945       42,614
       
Total factors supplying reserve funds                     2,248,691   -    1,538   +  104,344    2,247,899

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
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Nov 25, 2009 Nov 18, 2009 Nov 26, 2008 Nov 25, 2009

Currency in circulation (16)                                919,932   +      643   +   53,026      923,404
Reverse repurchase agreements (17)                           58,125   -    2,046   -   39,200       58,483
  Foreign official and international accounts                58,125   -    2,046   -   14,200       58,483
  Dealers                                                         0            0   -   25,000            0
Treasury cash holdings                                          233   -        2   -        9          233
Deposits with F.R. Banks, other than reserve balances        48,885   -   53,138   -  505,417       35,202       
  U.S. Treasury, general account                             25,904   -   35,730   -   38,627       12,997
  U.S. Treasury, supplementary financing account             14,999            0   -  464,055       14,999
  Foreign official                                            3,163   +      468   +    2,973        2,126
  Service-related                                             3,037   -      101   -    1,916        3,037
    Required clearing balances                                3,037   -      101   -    1,916        3,037
    Adjustments to compensate for float                           0            0            0            0
  Other                                                       1,782   -   17,774   -    3,793        2,042
Other liabilities and capital (18)                           65,408   -    1,268   +   17,569       65,034

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,092,583   -   55,812   -  474,031    1,082,356

Reserve balances with Federal Reserve Banks               1,156,108   +   54,274   +  578,375    1,165,543
                                                                
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 through the Primary Dealer Credit Facility and credit extended to certain
   other broker-dealers.
7. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and 
   allowance for loan restructuring.  Excludes credit extended to consolidated LLCs.
8. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term 
   Asset-Backed Securities Loan Facility, net of unamortized deferred administrative fees.
9. Refer to table 7 and the note on consolidation accompanying table 10.
10. Refer to table 4 and the note on consolidation accompanying table 10.
11. Refer to table 5 and the note on consolidation accompanying table 10.
12. Refer to table 6 and the note on consolidation accompanying table 10.
13. Refer to table 8 and the note on consolidation accompanying table 10.
14. 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.
15. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
16. Estimated.
17. Cash value of agreements, which are collateralized by U.S. Treasury securities.
18. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 8 and the note on consolidation accompanying table 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


1A. Memorandum Items 
Millions of dollars
                                                                   Averages of daily figures
Memorandum item                                           Week ended   Change from week ended     Wednesday
                                                         Nov 25, 2009 Nov 18, 2009 Nov 26, 2008 Nov 25, 2009

Marketable securities held in custody for foreign
      official and international accounts (1)             2,925,301   -    2,672   +  427,218    2,923,110
  U.S. Treasury securities                                2,158,365   -    3,364   +  540,600    2,156,007
  Federal agency securities (2)                             766,937   +      693   -  113,381      767,103
Securities lent to dealers                                    6,161   -    1,312   -  190,158        6,927   
  Overnight facility (3)                                      6,161   -    1,312   -    2,710        6,927
    U.S. Treasury securities                                  5,110   -    1,094   -    3,761        5,542
    Federal agency debt securities                            1,050   -      219   +    1,050        1,385
  Term facility (4)                                               0            0   -  187,447            0

Note: Components may not sum to totals because of rounding.

1. Face value of the securities.  Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed 
   securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities. 






2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities,  November 25, 2009
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 
Term auction credit                   31,908      69,101         ---          ---           ---        ---     101,009
Other loans (1)                       15,449       4,529            0      89,599             0        ---     109,578
U.S. Treasury securities (2) 
  Holdings                            16,028      24,111       48,711     331,336       211,686    144,662     776,535
  Weekly changes                  -    3,520  +    3,520            0  +        2    +        2 +        4  +        8
Federal agency debt securities (3) 
  Holdings                                30       1,591       22,333      95,670        33,395      2,047     155,066
  Weekly changes                  +       30  -       30   +      816  +    2,124    -      923          0  +    2,017
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    852,124     852,124
  Weekly changes                           0           0            0           0             0 +    5,082  +    5,082
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                     1,059       9,440            0         ---           ---        ---      10,499
Asset-backed securities held by
  TALF LLC (6)                             0           0            0           0             0          0           0
Repurchase agreements (7)                  0           0          ---         ---           ---        ---           0
Central bank liquidity swaps (8)      20,889       4,922            0           0             0          0      25,811

Reverse repurchase agreements (7)     58,483           0          ---         ---           ---        ---      58,483
  
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 Commercial Paper Funding Facility LLC, 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 commercial paper held by Commercial Paper Funding Facility LLC.
6. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
7. Cash value of agreements.
8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign 
   currency is returned to the foreign central bank.  This exchange rate equals the market exchange rate used when the 
   foreign currency was acquired from the foreign central bank.


3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Nov 25, 2009

Mortgage-backed securities held outright (1)                                                       852,124

Commitments to buy mortgage-backed securities (2)                                                  146,430
Commitments to sell mortgage-backed securities (2)                                                       0

Cash and cash equivalents (3)                                                                          106

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 as well as dollar rolls.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.


4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Nov 25, 2009
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       26,361

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           28,820
Accrued interest payable to the Federal Reserve Bank of New York (2)                                   399
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,242
 
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, 2009.  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 10.
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 9 and table 10.

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
                                                                                                   Wednesday
Account name                                                                                     Nov 25, 2009

Net portfolio holdings of Maiden Lane II LLC (1)                                                     15,845

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            16,018
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    247
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,033

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, 2009.  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 10.
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 9 and table 10.

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
                                                                                                   Wednesday
Account name                                                                                     Nov 25, 2009

Net portfolio holdings of Maiden Lane III LLC (1)                                                    22,961

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            18,615
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    319
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,177

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, 2009.  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 10.
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 9 and table 10.

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 Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Nov 25, 2009

Commercial paper holdings, net (1)                                                                   10,232
Other investments, net                                                                                4,814
Net portfolio holdings of Commercial Paper Funding Facility LLC                                      15,046

Memorandum: Commercial paper holdings, face value                                                    10,499

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            10,425
Accrued interest payable to the Federal Reserve Bank of New York (2)                                      2

1. Book value, which includes amortized cost and related fees.
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 10.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of 
section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC.  This LLC is a limited 
liability company formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers 
and thereby foster liquidity in short-term funding markets and increase the availability of credit for 
businesses and households.


8. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Nov 25, 2009

Asset-backed securities holdings (1)                                                                      0
Other investments, net                                                                                  266
Net portfolio holdings of TALF LLC                                                                      266

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)                   102

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 10.
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 9 and table 10.

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 $20 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.


9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Nov 25, 2009     Nov 18, 2009     Nov 26, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          5,200                0       +    3,000
Coin                                                                2,016       -       21       +      374
Securities, repurchase agreements, term auction
      credit, and other loans                                   1,994,313       -      294       +  760,128
  Securities held outright (1)                                  1,783,726       +    7,108       +1,295,098
    U.S. Treasury securities                                      776,535       +        8       +  300,128       
      Bills (2)                                                    18,423                0                0
      Notes and bonds, nominal (2)                                707,649                0       +  297,158
      Notes and bonds, inflation-indexed (2)                       44,643                0       +    3,572
      Inflation compensation (3)                                    5,821       +        8       -      601
    Federal agency debt securities (2)                            155,066       +    2,017       +  142,845
    Mortgage-backed securities (4)                                852,124       +    5,082       +  852,124
  Repurchase agreements (5)                                             0                0       -   80,000    
  Term auction credit                                             101,009       -    8,447       -  305,499
  Other loans                                                     109,578       +    1,046       -  149,470
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                         15,046       +        3       -  279,048
Net portfolio holdings of Maiden Lane LLC (7)                      26,361       +       12       -      618
Net portfolio holdings of Maiden Lane II LLC (8)                   15,845       +       79       +   15,845
Net portfolio holdings of 
  Maiden Lane III LLC (9)                                          22,961       +       10       +    1,813
Net portfolio holdings of TALF LLC (10)                               266       +       35       +      266
Items in process of collection                         (232)          639       +      189       -      457
Bank premises                                                       2,226       -        2       +       46
Central bank liquidity swaps (11)                                  25,811       -    2,467       -  449,624
Other assets (12)                                                  87,847       +       83       +   50,191
     
      Total assets                                     (232)    2,209,567       -    2,372       +  101,916

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


9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Nov 25, 2009     Nov 18, 2009     Nov 26, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  883,034       +    3,677       +   47,951
Reverse repurchase agreements (13)                                 58,483       -    1,423       -   41,278
Deposits                                                 (0)    1,200,735       -    5,085       +   83,475       
  Depository institutions                                       1,168,570       +   59,301       +  557,375
  U.S. Treasury, general account                                   12,997       -   49,312       -    4,358
  U.S. Treasury, supplementary financing account                   14,999                0       -  464,055
  Foreign official                                                  2,126       -      831       +    1,939
  Other                                                  (0)        2,042       -   14,243       -    7,428
Deferred availability cash items                       (232)        2,281       -       63       -      330
Other liabilities and accrued dividends (14)                       12,220       -      464       +    2,170

      Total liabilities                                (232)    2,156,754       -    3,357       +   91,989
                          
Capital accounts
Capital paid in                                                    25,423       +       61       +    4,552
Surplus                                                            21,440       +        9       +    4,270
Other capital accounts                                              5,951       +      917       +    1,107

      Total capital                                                52,814       +      986       +    9,928

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 7 and the note on consolidation accompanying table 10.
7. Refer to table 4 and the note on consolidation accompanying table 10.
8. Refer to table 5 and the note on consolidation accompanying table 10.
9. Refer to table 6 and the note on consolidation accompanying table 10.
10. Refer to table 8 and the note on consolidation accompanying table 10.
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. 
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 8 and the note on consolidation accompanying table 10. 


10. Statement of Condition of Each Federal Reserve Bank,  November 25, 2009
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,037        412      3,895        450        467        882      1,356        911        329        197        335        621      1,182
Special drawing rights certificate acct.       5,200        196      1,818        210        237        412        654        424        150         90        153        282        574
Coin                                           2,016         67         78        163        147        286        234        270         33         61        136        216        325
Securities, repurchase agreements, term
      auction credit, and other loans      1,994,313     41,701    879,353     32,458     72,341     65,562    215,623    195,695     71,052     29,864     81,492     86,802    222,368
  Securities held outright (1)             1,783,726     34,217    697,215     27,673     70,471     64,280    214,914    193,018     69,880     29,530     80,516     86,246    215,765
    U.S. Treasury securities                 776,535     14,896    303,529     12,047     30,679     27,984     93,562     84,029     30,422     12,856     35,052     37,547     93,932
      Bills (2)                               18,423        353      7,201        286        728        664      2,220      1,994        722        305        832        891      2,228
      Notes and bonds (3)                    758,113     14,543    296,328     11,761     29,952     27,320     91,342     82,036     29,700     12,551     34,221     36,656     91,704
    Federal agency debt securities (2)       155,066      2,975     60,611      2,406      6,126      5,588     18,683     16,780      6,075      2,567      7,000      7,498     18,757
    Mortgage-backed securities (4)           852,124     16,346    333,074     13,220     33,666     30,708    102,669     92,209     33,383     14,107     38,464     41,201    103,076
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                        101,009      7,342     74,075      4,578      1,867      1,143        384      2,240      1,138        280        965        550      6,449     
  Other loans                                109,578        142    108,064        207          3        139        325        438         34         54         11          7        154
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)              15,046          0     15,046          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden Lane 
  LLC (7)                                     26,361          0     26,361          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (8)                             15,845          0     15,845          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (9)                            22,961          0     22,961          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of TALF LLC (10)          266          0        266          0          0          0          0          0          0          0          0          0          0
Items in process of collection                   871         22          0        100        167         43        313         38         42         36         23         44         43
Bank premises                                  2,226        120        250         70        145        237        221        206        134        111        269        252        212
Central bank liquidity swaps (11)             25,811      1,051      6,547      2,883      1,933      7,448      2,007        876        261        404        259        337      1,804
Other assets (12)                             87,847      2,268     31,008      4,020      4,370      9,880      9,338      7,411      2,640      1,437      3,006      3,294      9,174
Interdistrict settlement account                   0  +  14,623  +  32,049  +  22,105  -  18,727  + 245,878  -  75,776  -  87,275  -  35,347  -   8,557  -  30,863  -  19,546  -  38,566

      Total assets                         2,209,799     60,461  1,035,477     62,459     61,080    330,628    153,970    118,557     39,293     23,643     54,810     72,303    197,118

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


10. Statement of Condition of Each Federal Reserve Bank,  November 25, 2009 (continued)
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding           1,080,008     35,914    397,304     38,850     45,135     82,476    135,850     85,485     30,646     19,398     28,791     63,321    116,840
  Less: Notes held by F.R. Banks              196,974      4,283     71,004      6,145      8,840     11,159     31,215     13,109      4,365      2,883      3,220     13,865     26,886
    Federal Reserve notes, net                883,034     31,630    326,300     32,704     36,295     71,317    104,635     72,376     26,281     16,514     25,570     49,456     89,954
Reverse repurchase agreements (13)             58,483      1,122     22,859        907      2,311      2,108      7,046      6,328      2,291        968      2,640      2,828      7,074
Deposits                                    1,200,735     25,545    662,243     22,939     18,022    242,124     37,983     37,672      9,894      4,191     25,779     18,836     95,507
  Depository institutions                   1,168,570     25,524    630,294     22,934     18,018    242,015     37,980     37,625      9,890      4,191     25,778     18,835     95,487
  U.S. Treasury, general account               12,997          0     12,997          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                          14,999          0     14,999          0          0          0          0          0          0          0          0          0          0
  Foreign official                              2,126          2      2,097          4          3         11          3          1          0          1          0          1          3
  Other                                         2,042         20      1,856          0          1         98          0         45          4          0          1          0         17
Deferred availability cash items                2,513         63          0        387        324        103        300        175         59        370        113        134        485
Other liabilities and accrued                 
  dividends (14)                               12,220        173      8,382        215        285        585        619        514        233        148        220        275        572
   
      Total liabilities                     2,156,985     58,533  1,019,784     57,152     57,237    316,237    150,584    117,066     38,758     22,191     54,323     71,529    193,592
                              
Capital                    
Capital paid in                                25,423        945      7,427      2,627      1,910      7,136      1,579        622        240        712        209        350      1,667
Surplus                                        21,440        844      5,967      2,316      1,551      5,983      1,612        704        209        324        207        271      1,450
Other capital                                   5,951        139      2,299        364        381      1,273        196        165         87        416         70        153        409

      Total liabilities and capital         2,209,799     60,461  1,035,477     62,459     61,080    330,628    153,970    118,557     39,293     23,643     54,810     72,303    197,118
                              
Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank,  November 25, 2009 (continued)

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 7 and the note on consolidation below.
7. Refer to table 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9. Refer to table 6 and the note on consolidation below.
10. Refer to table 8 and the note on consolidation below.
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.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 8 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 October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding 
Facility LLC, which was formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. 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 sole beneficiary of Commercial Paper Funding Facility LLC.  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 9), 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 9).


11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars

Federal Reserve notes and collateral                                                              Wednesday
                                                                                                Nov 25, 2009
              
Federal Reserve notes outstanding                                                                1,080,008
  Less: Notes held by F.R. Banks not subject to collateralization                                  196,974
    Federal Reserve notes to be collateralized                                                     883,034 
Collateral held against Federal Reserve notes                                                      883,034
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         866,797
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                           1,783,726
  Less: Face value of securities under reverse repurchase agreements                                57,769
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                       1,725,956
   
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 and term securities lending facilities; refer
   to table 1A.