FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks August 24, 2017

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Aug 23, 2017 Aug 16, 2017 Aug 24, 2016

Wednesday

Aug 23, 2017

Reserve Bank credit 4,424,515 - 5,362 - 13,034 4,423,764

Securities held outright1 4,251,480 + 5,133 + 2,436 4,250,730

U.S. Treasury securities 2,465,264 + 26 + 1,760 2,465,273

Bills2 0 0 0 0

Notes and bonds, nominal2 2,337,565 0 - 5,039 2,337,565

Notes and bonds, inflation-indexed2 108,973 0 + 5,377 108,973

Inflation compensation3 18,726 + 27 + 1,422 18,735

Federal agency debt securities2 7,906 - 191 - 14,586 6,757

Mortgage-backed securities4 1,778,311 + 5,298 + 15,264 1,778,699

Unamortized premiums on securities held outright5 164,276 - 165 - 15,137 164,153

Unamortized discounts on securities held outright5 -14,609 - 17 + 1,047 -14,598

Repurchase agreements6 0 0 0 0

Loans 230 + 1 + 18 236

Primary credit 7 - 11 + 1 5

Secondary credit 0 0 0 0

Seasonal credit 224 + 13 + 18 231

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,708 - 2 + 1 1,708

Float -244 + 87 + 27 -469

Central bank liquidity swaps8 36 0 + 14 36

Other Federal Reserve assets9 21,636 - 10,400 - 1,443 21,967

Foreign currency denominated assets10 21,386 + 14 - 295 21,440

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 5,200 0 0 5,200

Treasury currency outstanding11 49,084 + 14 + 829 49,084

Total factors supplying reserve funds 4,511,227 - 5,334 - 12,499 4,510,530

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Aug 23, 2017 Aug 16, 2017 Aug 24, 2016

Wednesday

Aug 23, 2017

Currency in circulation11 1,565,416 - 295 + 101,438 1,566,641

Reverse repurchase agreements12 374,023 + 45,504 + 25,060 407,823

Foreign official and international accounts 238,897 - 1,654 - 5,406 238,030

Others 135,126 + 47,158 + 30,466 169,793

Treasury cash holdings 176 + 9 + 57 177

Deposits with F.R. Banks, other than reserve balances 164,298 - 72,590 - 140,395 150,514

Term deposits held by depository institutions 0 - 14,733 0 0

U.S. Treasury, General Account 82,077 - 48,877 - 172,299 67,930

Foreign official 5,165 - 3 - 10 5,165

Other13 77,055 - 8,978 + 31,914 77,418

Other liabilities and capital14 47,674 - 1,214 - 161 47,207

Total factors, other than reserve balances,

absorbing reserve funds 2,151,587 - 28,586 - 14,001 2,172,361

Reserve balances with Federal Reserve Banks 2,359,640 + 23,252 + 1,502 2,338,169

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

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of

the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest

basis.

6. Cash value of agreements.

7. Refer to table 4 and the note on consolidation accompanying table 6.

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.

9. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. Also, includes Reserve

Bank premises and equipment net of allowances for depreciation.

10. Revalued daily at current foreign currency exchange rates.

11. Estimated.

12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

13. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated

financial market utilities. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve

Banks as fiscal agents of the United States.

14. Includes the liability for earnings remittances due to the U.S. Treasury.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Memorandum item Week ended Change from week ended

Aug 23, 2017 Aug 16, 2017 Aug 24, 2016

Wednesday

Aug 23, 2017

Securities held in custody for foreign official and international

accounts 3,341,685 + 9,046 + 134,990 3,341,485

Marketable U.S. Treasury securities1 3,018,338 + 9,005 + 136,035 3,015,899

Federal agency debt and mortgage-backed securities2 261,972 + 398 - 2,903 264,186

Other securities3 61,374 - 357 + 1,856 61,400

Securities lent to dealers 23,153 + 1,393 + 47 21,883

Overnight facility4 23,153 + 1,393 + 47 21,883

U.S. Treasury securities 23,153 + 1,393 + 58 21,883

Federal agency debt securities 0 0 - 11 0

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

1. Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral

to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.

2. Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the

securities.

3. Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value.

4. Face value. Fully collateralized by U.S. Treasury securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, August 23, 2017

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans 200 36 0 0 0 ... 236

U.S. Treasury securities1

Holdings 3,197 30,691 310,315 1,163,479 324,394 633,197 2,465,273

Weekly changes 0 + 11,043 - 11,042 + 4 + 12,210 - 12,189 + 26

Federal agency debt securities2

Holdings 0 2,366 1,982 62 0 2,347 6,757

Weekly changes - 1,340 + 2,366 - 2,366 0 0 0 - 1,340

Mortgage-backed securities3

Holdings 0 0 0 808 13,350 1,764,541 1,778,699

Weekly changes 0 0 0 0 - 5 + 730 + 724

Repurchase agreements4 0 0 ... ... ... ... 0

Central bank liquidity swaps5 36 0 0 0 0 0 36

Reverse repurchase agreements4 407,823 0 ... ... ... ... 407,823

Term deposits 0 0 0 ... ... ... 0

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

...Not applicable.

1. 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.

2. Face value.

3. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

4. Cash value of agreements.

5. 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.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday Account name Aug 23, 2017

Mortgage-backed securities held outright1 1,778,699

Commitments to buy mortgage-backed securities2 19,833

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 42

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls, and coupon swaps.

3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5 and table 6.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday Account name Aug 23, 2017

Net portfolio holdings of Maiden Lane LLC1 1,708

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 0

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2017. 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 6.

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 5 and table 6.

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. The remaining outstanding balances of the senior loan

from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were repaid in full, with interest.
H.4.1

5. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Aug 23, 2017 Aug 16, 2017 Aug 24, 2016

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,872 + 25 - 63

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,400,521 - 850 - 8,220

Securities held outright1 4,250,730 - 589 + 5,680

U.S. Treasury securities 2,465,273 + 26 + 1,735

Bills2 0 0 0

Notes and bonds, nominal2 2,337,565 0 - 5,039

Notes and bonds, inflation-indexed2 108,973 0 + 5,377

Inflation compensation3 18,735 + 26 + 1,397

Federal agency debt securities2 6,757 - 1,340 - 15,735

Mortgage-backed securities4 1,778,699 + 724 + 19,679

Unamortized premiums on securities held outright5 164,153 - 314 - 14,954

Unamortized discounts on securities held outright5 -14,598 + 30 + 1,045

Repurchase agreements6 0 0 0

Loans 236 + 23 + 8

Net portfolio holdings of Maiden Lane LLC7 1,708 0 + 1

Items in process of collection (0) 53 - 20 - 153

Bank premises 2,199 + 3 - 14

Central bank liquidity swaps8 36 0 + 14

Foreign currency denominated assets9 21,440 + 236 - 155

Other assets10 19,770 + 1,572 - 1,414

Total assets (0) 4,463,837 + 966 - 10,003

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Aug 23, 2017 Aug 16, 2017 Aug 24, 2016

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,519,600 + 125 + 100,531

Reverse repurchase agreements11 407,823 + 70,500 + 71,963

Deposits (0) 2,488,684 - 69,064 - 183,273

Term deposits held by depository institutions 0 - 14,733 0

Other deposits held by depository institutions 2,338,170 - 26,802 - 3,052

U.S. Treasury, General Account 67,930 - 28,099 - 176,951

Foreign official 5,165 0 + 1

Other12 (0) 77,418 + 569 - 3,273

Deferred availability cash items (0) 522 + 179 - 84

Other liabilities and accrued dividends13 6,231 - 778 + 28

Total liabilities (0) 4,422,861 + 964 - 10,835

Capital accounts

Capital paid in 30,976 + 2 + 832

Surplus 10,000 0 0

Other capital accounts 0 0 0

Total capital 40,976 + 2 + 832

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

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest

basis.

6. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

7. Refer to table 4 and the note on consolidation accompanying table 6.

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.

9. Revalued daily at current foreign currency exchange rates.

10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated

financial market utilities. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the

Reserve Banks as fiscal agents of the United States.

13. Includes the liability for earnings remittances due to the U.S. Treasury.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, August 23, 2017

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 11,037 349 3,592 348 553 776 1,520 737 341 191 292 916 1,422

Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574

Coin 1,872 46 56 179 130 260 203 298 32 50 114 193 311

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,400,521 85,734 2,477,765 113,613 127,604 257,815 259,027 185,108 58,728 34,420 62,423 176,161 562,123

Securities held outright1 4,250,730 82,820 2,393,551 109,752 123,267 249,053 250,214 178,780 56,683 33,141 60,285 170,169 543,015

U.S. Treasury securities 2,465,273 48,033 1,388,175 63,652 71,491 144,442 145,115 103,686 32,874 19,221 34,963 98,692 314,929

Bills2 0 0 0 0 0 0 0 0 0 0 0 0 0

Notes and bonds3 2,465,273 48,033 1,388,175 63,652 71,491 144,442 145,115 103,686 32,874 19,221 34,963 98,692 314,929

Federal agency debt securities2 6,757 132 3,805 174 196 396 398 284 90 53 96 271 863

Mortgage-backed securities4 1,778,699 34,656 1,001,571 45,925 51,581 104,215 104,701 74,810 23,719 13,868 25,226 71,207 227,222

Unamortized premiums on securities 

held outright5 164,153 3,198 92,433 4,238 4,760 9,618 9,663 6,904 2,189 1,280 2,328 6,572 20,970

Unamortized discounts on securities 

held outright5 -14,598 -284 -8,220 -377 -423 -855 -859 -614 -195 -114 -207 -584 -1,865

Repurchase agreements6 0 0 0 0 0 0 0 0 0 0 0 0 0

Loans 236 0 0 0 0 0 10 38 51 113 16 4 3

Net portfolio holdings of Maiden

Lane LLC7 1,708 0 1,708 0 0 0 0 0 0 0 0 0 0

Items in process of collection 53 0 0 0 0 0 53 0 0 0 0 0 0

Bank premises 2,199 119 443 72 116 199 204 200 111 88 236 220 192

Central bank liquidity swaps8 36 2 12 2 3 8 2 2 0 0 0 0 5

Foreign currency denominated

assets9 21,440 929 6,867 1,153 1,746 4,633 1,251 897 234 91 208 274 3,157

Other assets10 19,770 434 10,637 506 580 1,345 1,172 828 362 178 353 883 2,491

Interdistrict settlement account 0 - 4,434 - 25,817 - 1,039 - 2,128 - 11,998 - 791 + 44,944 - 871 + 2,500 + 6,349 + 2,552 - 9,268

Total assets 4,463,837 83,374 2,477,080 115,044 128,842 253,451 263,294 233,439 59,088 37,608 70,129 181,481 561,007

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, August 23, 2017 (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 1,701,061 56,544 544,862 55,381 85,421 121,782 226,864 115,036 52,256 31,329 48,379 142,320 220,887

Less: Notes held by F.R. Banks 181,460 6,475 46,554 7,176 9,987 13,666 25,973 12,216 5,683 3,157 5,424 17,567 27,581

Federal Reserve notes, net 1,519,600 50,069 498,308 48,205 75,434 108,116 200,891 102,819 46,572 28,172 42,954 124,753 193,306

Reverse repurchase agreements11 407,823 7,946 229,642 10,530 11,826 23,895 24,006 17,153 5,438 3,180 5,784 16,326 52,098

Deposits 2,488,684 23,396 1,733,180 53,805 37,982 111,986 35,534 111,367 6,464 5,459 20,836 39,618 309,057

Term deposits held by depository

institutions 0 0 0 0 0 0 0 0 0 0 0 0 0

Other deposits held by depository

institutions 2,338,170 23,391 1,639,898 53,803 37,979 111,674 35,525 54,500 6,440 5,459 20,834 39,617 309,050

U.S. Treasury, General Account 67,930 0 67,930 0 0 0 0 0 0 0 0 0 0

Foreign official 5,165 2 5,138 2 3 9 2 2 0 0 0 1 6

Other12 77,418 3 20,214 0 0 304 7 56,865 23 0 1 1 1

Deferred availability cash items 522 0 0 0 0 0 60 0 0 462 0 0 0

Earnings remittances due to the U.S.

Treasury13 1,560 40 770 48 62 127 114 71 24 13 22 68 201

Other liabilities and accrued

dividends 4,671 155 2,113 183 189 473 318 276 135 136 131 201 361

Total liabilities 4,422,861 81,606 2,464,013 112,771 125,494 244,597 260,923 231,686 58,634 37,422 69,727 180,966 555,023

Capital

Capital paid in 30,976 1,334 9,865 1,735 2,533 6,693 1,788 1,334 345 145 305 386 4,511

Surplus 10,000 434 3,202 538 815 2,161 583 419 109 42 97 128 1,473

Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 4,463,837 83,374 2,477,080 115,044 128,842 253,451 263,294 233,439 59,088 37,608 70,129 181,481 561,007

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, August 23, 2017 (continued)

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2. Face value of the securities.

3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury securities, Federal

agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis.

6. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

7. Refer to table 4 and the note on consolidation below.

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.

9. Revalued daily at current foreign currency exchange rates.

10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities. Also includes certain

deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.

13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after

providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $10 billion surplus.

Note on consolidation:

On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to acquire certain

assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of

the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual returns and could have absorbed any

residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the assets and liabilities of FRBNY in the preparation

of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was eliminated, the net assets of ML appeared as assets on the previous

page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only to the ML portfolio holdings, were included in other liabilities in this table (and table 1

and table 5).
H.4.1

7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents’ Accounts

Millions of dollars

Wednesday Federal Reserve notes and collateral Aug 23, 2017

Federal Reserve notes outstanding 1,701,061

Less: Notes held by F.R. Banks not subject to collateralization 181,460

Federal Reserve notes to be collateralized 1,519,600

Collateral held against Federal Reserve notes 1,519,600

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,503,364

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 4,250,730

Less: Face value of securities under reverse repurchase agreements 387,083

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,863,647

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

1. Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright, compensation to

adjust for the effect of inflation on the original face value of inflation-indexed securities, and cash value of repurchase

agreements.

2. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.