FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                              June 25, 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                                    Jun 24, 2009 Jun 17, 2009 Jun 25, 2008 Jun 24, 2009

Reserve Bank credit                                       1,996,597   -   58,524   +1,122,120    2,009,732
  Securities held outright                                1,207,055   +   30,765   +  728,282    1,217,044       
    U.S. Treasury securities (1)                            647,828   +   14,699   +  169,055      653,193
      Bills (2)                                              18,423            0   -    3,317       18,423
      Notes and bonds, nominal (2)                          581,608   +   14,671   +  169,216      586,963
      Notes and bonds, inflation-indexed (2)                 42,803            0   +    3,632       42,803
      Inflation compensation (3)                              4,994   +       28   -      476        5,004
    Federal agency debt securities (2)                       92,113   +    4,289   +   92,113       96,626
    Mortgage-backed securities (4)                          467,114   +   11,777   +  467,114      467,226
  Repurchase agreements (5)                                       0            0   -  121,679            0
  Term auction credit                                       282,808   -   53,758   +  132,808      282,808  
  Other loans                                               123,703   -       35   +  102,829      132,659
    Primary credit                                           39,095   +    2,913   +   24,393       49,196
    Secondary credit                                             84   +       84   +       84           20
    Seasonal credit                                              39   +       17   -       38           50
    Primary dealer and other broker-dealer credit (6)             0            0   -    6,095            0
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                         16,692   -    2,718   +   16,692       15,476
    Credit extended to American International
      Group, Inc. (7)                                        42,596   -      308   +   42,596       42,741
    Term Asset-Backed Securities Loan Facility               25,197   -       22   +   25,197       25,176
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (8)                                128,073   -    7,930   +  128,073      124,032
  Net portfolio holdings of LLCs funded through
    the Money Market Investor Funding Facility (9)                0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (10)             25,876   -        5   +   25,876       25,885
  Net portfolio holdings of Maiden Lane II LLC (11)          15,955   +       12   +   15,955       15,961
  Net portfolio holdings of Maiden Lane III LLC (12)         20,144   +      115   +   20,144       20,159
  Float                                                      -1,768   +      367   -      621       -2,078
  Central bank liquidity swaps (13)                         121,590   -   28,692   +   59,590      119,430
  Other Federal Reserve assets (14)                          73,161   +      636   +   30,863       73,833
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (15)                           42,417   +       14   +    3,708       42,417
       
Total factors supplying reserve funds                     2,052,255   -   58,510   +1,125,829    2,065,390

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                                    Jun 24, 2009 Jun 17, 2009 Jun 25, 2008 Jun 24, 2009

Currency in circulation (15)                                906,600   -      716   +   83,791      907,596
Reverse repurchase agreements (16)                           71,813   +    2,722   +   31,439       71,941
  Foreign official and international accounts                71,813   +    2,722   +   31,439       71,941
  Dealers                                                         0            0            0            0
Treasury cash holdings                                          314   +        9   +       38          318
Deposits with F.R. Banks, other than reserve balances       326,448   +   64,200   +  313,938      290,287       
  U.S. Treasury, general account                            118,671   +   76,414   +  113,601       78,847
  U.S. Treasury, supplementary financing account            199,939            0   +  199,939      199,939
  Foreign official                                            2,465   -      679   +    2,365        2,212
  Service-related                                             4,193   -       24   -    2,862        4,193
    Required clearing balances                                4,193   -       24   -    2,862        4,193
    Adjustments to compensate for float                           0            0            0            0
  Other                                                       1,180   -   11,512   +      895        5,096
Other liabilities and capital (17)                           54,453   +      265   +   10,126       54,290

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,359,626   +   66,477   +  439,330    1,324,433

Reserve balances with Federal Reserve Banks                 692,628   -  124,988   +  686,498      740,957
                                                                
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. Excludes credit extended to consolidated LLCs.
8. Refer to table 7 and the note on consolidation accompanying table 10.
9. Refer to table 8 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. 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.
14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities.
17. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III 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
                                                         Jun 24, 2009 Jun 17, 2009 Jun 25, 2008 Jun 24, 2009

Marketable securities held in custody for foreign
      official and international accounts (1)             2,764,033   +   12,323   +  441,658    2,753,887
  U.S. Treasury securities                                1,956,646   +   15,172   +  603,212    1,947,536
  Federal agency securities (2)                             807,387   -    2,849   -  161,554      806,351
Securities lent to dealers                                   22,723   -    3,632   -   89,349       20,424   
  Overnight facility (3)                                     14,687   +    4,082   +    9,075       13,674
  Term facility (4)                                           8,036   -    7,714   -   98,424        6,750

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. 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,      June 24, 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                   95,438     187,370         ---          ---           ---        ---     282,808
Other loans (1)                       45,612      19,051           79      67,917             0        ---     132,659
U.S. Treasury securities (2) 
  Holdings                            15,158      25,412       61,206     262,703       166,750    121,964     653,193
  Weekly changes                  -    2,503  +    2,504   +        2  +    1,086    +   13,425 +       12  +   14,525
Federal agency debt securities (3) 
  Holdings                                 0         946        6,518      68,200        20,146        816      96,626
  Weekly changes                           0           0   +      592  +    5,949    +      320          0  +    6,861
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    467,226     467,226
  Weekly changes                           0           0            0           0             0 +   11,262  +   11,262
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                    12,524     108,079            0         ---           ---        ---     120,603
Money market instruments held by
  LLCs funded through the Money
  Market Investor Funding
  Facility (6)                             0           0            0         ---           ---        ---           0
Repurchase agreements (7)                  0           0          ---         ---           ---        ---           0
Central bank liquidity swaps (8)      60,282      59,148            0           0             0          0     119,430

Reverse repurchase agreements (7)     71,941           0          ---         ---           ---        ---      71,941
  
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, the 
   LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden 
   Lane III 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 money market instruments held by LLCs funded through the Money Market Investor Funding Facility.
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                                                                                    Jun 24, 2009

Mortgage-backed securities held outright (1)                                                       467,226

Commitments to buy mortgage-backed securities (2)                                                  158,186
Commitments to sell mortgage-backed securities (2)                                                  41,894

Cash and cash equivalents (3)                                                                          113

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                                                                                    Jun 24, 2009
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       25,885

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)                                   337
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,216
 
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     March 31, 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                                                                                     Jun 24, 2009

Net portfolio holdings of Maiden Lane II LLC (1)                                                     15,961

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            17,553
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    156
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,019

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     March 31, 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                                                                                     Jun 24, 2009

Net portfolio holdings of Maiden Lane III LLC (1)                                                    20,159

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            22,400
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    210
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,106

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     March 31, 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                                                                                     Jun 24, 2009

Commercial paper holdings, net (1)                                                                  120,139
Other investments, net                                                                                3,892
Net portfolio holdings of Commercial Paper Funding Facility LLC                                     124,032

Memorandum: Commercial paper holdings, face value                                                   120,603

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           119,859
Accrued interest payable to the Federal Reserve Bank of New York (2)                                     45

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 LLCs Funded through the Money Market Investor Funding Facility 
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jun 24, 2009

Money market instrument holdings, net (1)                                                                 0
Other investments, net                                                                                    0
Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility                  0

Memorandum: Money market instrument holdings, face value                                                  0

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
Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility, 
  net of related discounts                                                                                0

1. Book value, which includes amortized cost.
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:  The Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the 
authority of section 13(3) of the Federal Reserve Act to a series of limited liability companies funded through 
the Money Market Investor Funding Facility (MMIFF).  The MMIFF became operational on November 24, 2008.  These 
limited liability companies were established to purchase short-term U.S. dollar-denominated certificates of 
deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers.  Such purchases are 
designed to foster liquidity in short-term money markets.


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 Jun 24, 2009     Jun 17, 2009     Jun 25, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          2,200                0                0
Coin                                                                1,779       -        2       +      446
Securities, repurchase agreements, term auction
      credit, and other loans                                   1,632,511       -   11,423       +  858,562
  Securities held outright                                      1,217,044       +   32,647       +  738,248
    U.S. Treasury securities (1)                                  653,193       +   14,525       +  174,397       
      Bills (2)                                                    18,423                0       -    3,317
      Notes and bonds, nominal (2)                                586,963       +   14,497       +  174,571
      Notes and bonds, inflation-indexed (2)                       42,803                0       +    3,632
      Inflation compensation (3)                                    5,004       +       28       -      490
    Federal agency debt securities (2)                             96,626       +    6,861       +   96,626
    Mortgage-backed securities (4)                                467,226       +   11,262       +  467,226
  Repurchase agreements (5)                                             0                0       -  129,750    
  Term auction credit                                             282,808       -   53,758       +  132,808
  Other loans                                                     132,659       +    9,687       +  117,257
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                        124,032       -    8,050       +  124,032
Net portfolio holdings of LLCs funded through
  the Money Market Investor Funding Facility (7)                        0                0                0
Net portfolio holdings of Maiden Lane LLC (8)                      25,885       +       10       +   25,885
Net portfolio holdings of Maiden Lane II LLC (9)                   15,961       +        7       +   15,961
Net portfolio holdings of 
  Maiden Lane III LLC (10)                                         20,159       +       17       +   20,159
Items in process of collection                         (257)          479       -      240       -      734
Bank premises                                                       2,202       +        2       +       48
Central bank liquidity swaps (11)                                 119,430       -   29,133       +   57,430
Other assets (12)                                                  71,653       +    1,901       +   31,402
     
      Total assets                                     (257)    2,027,327       -   46,912       +1,133,190

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 Jun 24, 2009     Jun 17, 2009     Jun 25, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  867,273       -      248       +   79,310
Reverse repurchase agreements (13)                                 71,941       +    1,775       +   29,892
Deposits                                                 (0)    1,031,267       -   48,613       +1,013,880       
  Depository institutions                                         745,173       +    1,221       +  732,340
  U.S. Treasury, general account                                   78,847       -   53,990       +   74,639
  U.S. Treasury, supplementary financing account                  199,939                0       +  199,939
  Foreign official                                                  2,212       -      646       +    2,112
  Other                                                  (0)        5,096       +    4,802       +    4,850
Deferred availability cash items                       (257)        2,557       -      306       -       71
Other liabilities and accrued dividends (14)                        6,395       -       85       +    2,673

      Total liabilities                                (257)    1,979,431       -   47,479       +1,125,681
                          
Capital accounts
Capital paid in                                                    24,248       +        1       +    4,371
Surplus                                                            21,256       +       86       +    2,770
Other capital accounts                                              2,392       +      479       +      368

      Total capital                                                47,896       +      566       +    7,509

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 8 and the note on consolidation accompanying table 10.
8. Refer to table 4 and the note on consolidation accompanying table 10.
9. Refer to table 5 and the note on consolidation accompanying table 10.
10. Refer to table 6 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, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III 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,      June 24, 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.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,779         61         72        148        140        234        211        219         39         60        129        180        286
Securities, repurchase agreements, term
      auction credit, and other loans      1,632,511     50,343    779,936     38,030     54,910     64,332    152,746    137,003     51,041     20,773     57,005     62,023    164,369
  Securities held outright                 1,217,044     23,347    475,713     18,881     48,083     43,859    146,637    131,697     47,679     20,149     54,936     58,846    147,218
    U.S. Treasury securities (1)             653,193     12,530    255,317     10,134     25,806     23,539     78,701     70,682     25,590     10,814     29,485     31,583     79,012
      Bills (2)                               18,423        353      7,201        286        728        664      2,220      1,994        722        305        832        891      2,228
      Notes and bonds (3)                    634,770     12,177    248,116      9,848     25,079     22,875     76,481     68,689     24,868     10,509     28,653     30,692     76,784
    Federal agency debt securities (2)        96,626      1,854     37,769      1,499      3,818      3,482     11,642     10,456      3,785      1,600      4,362      4,672     11,688
    Mortgage-backed securities (4)           467,226      8,963    182,627      7,249     18,459     16,837     56,294     50,559     18,304      7,735     21,090     22,591     56,517
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                        282,808     11,340    191,878     18,878      6,683     19,550      5,935      3,725      3,241        398      2,053      3,106     16,021     
  Other loans                                132,659     15,657    112,345        271        144        923        174      1,580        121        226         16         71      1,131
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)             124,032          0    124,032          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of LLCs funded
  through the Money Market Investor
  Funding Facility (7)                             0          0          0          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden Lane 
  LLC (8)                                     25,885          0     25,885          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (9)                             15,961          0     15,961          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (10)                           20,159          0     20,159          0          0          0          0          0          0          0          0          0          0
Items in process of collection                   736         32          0        123         81         41        134         69         49         50         62         50         44
Bank premises                                  2,202        122        220         67        147        237        223        207        135        112        271        248        214
Central bank liquidity swaps (11)            119,430      4,897     29,705     13,429      9,003     34,688      9,349      4,080      1,216      1,882      1,206      1,572      8,404
Other assets (12)                             71,653      1,925     25,036      3,578      3,650      8,847      7,444      5,773      2,058      1,169      2,333      2,570      7,269
Interdistrict settlement account                   0  +  11,015  -  17,129  -   1,038  +   2,935  + 110,122  -  26,113  -  37,847  -  20,260  -   1,865  -  15,739  -   4,683  +     602

      Total assets                         2,027,584     68,923  1,008,643     54,871     71,437    219,531    145,514    110,628     34,679     22,408     45,669     62,679    182,603

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,      June 24, 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           1,053,037     36,194    378,928     39,906     45,004     81,861    132,909     86,891     31,032     19,873     28,521     62,401    109,516
  Less: Notes held by F.R. Banks              185,764      4,916     57,728      6,311      8,398     12,553     27,827     13,170      4,172      3,004      3,378     19,338     24,970
    Federal Reserve notes, net                867,273     31,278    321,200     33,595     36,606     69,309    105,082     73,721     26,860     16,869     25,143     43,064     84,547
Reverse repurchase agreements (13)             71,941      1,380     28,120      1,116      2,842      2,593      8,668      7,785      2,818      1,191      3,247      3,478      8,702
Deposits                                    1,031,267     34,168    642,414     14,442     28,101    133,806     27,771     26,810      4,240      2,744     16,477     15,172     85,124
  Depository institutions                     745,173     34,139    356,445     14,437     28,097    133,736     27,768     26,807      4,232      2,743     16,475     15,171     85,122
  U.S. Treasury, general account               78,847          0     78,847          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                         199,939          0    199,939          0          0          0          0          0          0          0          0          0          0
  Foreign official                              2,212          2      2,182          4          3         11          3          1          0          1          0          1          3
  Other                                         5,096         27      5,000          0          1         59          0          2          7          0          1          0          0
Deferred availability cash items                2,814         83          0        453        372        106        253        265         79        306        192        175        531
Other liabilities and accrued                 
  dividends (14)                                6,395        151      3,396        201        226        554        451        367        175        124        152        202        396
   
      Total liabilities                     1,979,689     67,060    995,129     49,807     68,147    206,367    142,225    108,947     34,172     21,233     45,212     62,091    179,300
                              
Capital                    
Capital paid in                                24,248        920      7,247      2,607      1,620      6,558      1,560        791        238        633        207        273      1,592
Surplus                                        21,256        844      5,786      2,316      1,552      5,981      1,612        704        210        324        208        271      1,449
Other capital                                   2,392         98        482        141        118        624        118        187         60        217         42         44        261

      Total liabilities and capital         2,027,584     68,923  1,008,643     54,871     71,437    219,531    145,514    110,628     34,679     22,408     45,669     62,679    182,603
                              
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,      June 24, 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 8 and the note on consolidation below.
8. Refer to table 4 and the note on consolidation below.
9. Refer to table 5 and the note on consolidation below.
10. Refer to table 6 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, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and  Maiden 
    Lane III 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 October 21, 2008, the Federal Reserve Board authorized the FRBNY 
to extend credit to a series of LLCs funded through the Money Market Investor Funding Facility.  These LLCs, which became operational on November 24, 2008, were established to purchase 
short-term U.S. dollar-denominated certificates of deposit, bank notes, and 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.

The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC and the primary beneficiary of the other LLCs cited above. 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
                                                                                                Jun 24, 2009
              
Federal Reserve notes outstanding                                                                1,053,037
  Less: Notes held by F.R. Banks not subject to collateralization                                  185,764
    Federal Reserve notes to be collateralized                                                     867,273 
Collateral held against Federal Reserve notes                                                      867,273
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         2,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         854,036
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                           1,217,044
  Less: Face value of securities under reverse repurchase agreements                                71,857
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                       1,145,188
   
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.