FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           October 27, 2005
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at           Oct 26, 2005 Oct 19, 2005 Oct 27, 2004 Oct 26, 2005
Federal Reserve Banks

Reserve Bank Credit                                         797,931    -   3,014    +  27,328      801,552
 Securities held outright                                   738,282    +     487    +  33,117      739,542       
    U.S. Treasury (1)                                       738,282    +     487    +  33,117      739,542
       Bills (2)                                            270,256    +     318    +  11,139      270,649
       Notes and bonds, nominal (2)                         445,033    +     143    +  16,388      445,890
       Notes and bonds, inflation-indexed (2)                19,983            0    +   4,721       19,983
       Inflation compensation (3)                             3,009    +      26    +     868        3,019
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    19,071    -   2,143    -   4,929       21,750
 Loans to depository institutions                               222    -       4    +      24          176
    Primary credit                                               40    +      30    -      11            8
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             183    -      32    +      36          168
 Float                                                          465    -   1,516    +     326           52
 Other Federal Reserve assets                                39,891    +     163    -   1,210       40,032
Gold stock                                                   11,041            0    -       2       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            36,541    +      14    +     199       36,541
       
Total factors supplying reserve funds                       847,713    -   3,000    +  27,525      851,334
                                                                   
Currency in circulation(5)                                  767,923    -   1,104    +  27,216      769,239
Reverse repurchase agreements (6)                            24,218    -   1,828    -   2,079       23,654
   Foreign official and international accounts               24,218    -   1,828    -   2,079       23,654
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          220    +       1    -      81          211
Deposits with F.R.Banks, other than reserve balances         14,143    +     587    -   1,670       13,783       
  U.S. Treasury, general account                              5,149    +     594    +     201        4,727
  Foreign official                                               96    -       6    +      10          165
  Service-related                                             8,588    -       1    -   1,899        8,588
     Required clearing balances                               8,588    -       1    -   1,899        8,588
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         310            0    +      19          303
Other liabilities and capital                                31,673    +     100    +   7,571       31,486

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  838,177    -   2,244    +  30,957      838,373

Reserve balances with Federal Reserve Banks                   9,537    -     755    -   3,431       12,961
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,476,356    +   8,042    + 177,275    1,479,343
     U.S. Treasury                                        1,087,715    +      59    +  36,509    1,087,713
     Federal agency                                         388,640    +   7,982    + 140,766      391,629
  Securities lent to dealers                                  4,506    +   1,384    +   2,953        6,622   


Note: Components may not sum to totals because of rounding.


1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.  
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  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Estimated. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.


Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation Oct 26, 2005     Oct 19, 2005     Oct 27, 2004

Assets
Gold certificate account                                        11,037                0        -       2
Special drawing rights certificate account                       2,200                0                0
Coin                                                               727        +       9        -      40
Securities, repurchase agreements, and loans                   761,467        +   6,964        +  30,847
   Securities held outright                                    739,542        +   1,527        +  32,812
      U.S. Treasury (1)                                        739,542        +   1,527        +  32,812       
         Bills (2)                                             270,649        +     500        +  11,448
         Notes and bonds, nominal (2)                          445,890        +   1,000        +  15,765
         Notes and bonds, inflation-indexed (2)                 19,983                0        +   4,721
         Inflation compensation (3)                              3,019        +      26        +     877
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    21,750        +   5,500        -   2,000    
   Loans                                                           176        -      62        +      36
Items in process of collection                      (957)        6,186        -   2,579        -     444
Bank premises                                                    1,844        +       3        +      96
Other assets (5)                                                38,143        +     462        -   1,514
      Total assets                                  (957)      821,604        +   4,859        +  28,943
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  733,631        -      40        +  26,480
Reverse repurchase agreements (6)                               23,654        -   1,428        -   2,107
Deposits                                              (0)       26,699        +   6,875        -   3,246       
  Depository institutions                                       21,504        +   6,544        -   3,443
  U.S. Treasury, general account                                 4,727        +     258        +     145
  Foreign official                                                 165        +      78        +      52
  Other                                               (0)          303        -       5                0
Deferred availability cash items                    (957)        6,134        -     849        -      62
Other liabilities and accrued dividends (7)                      4,008        +      71        +   1,159
      Total liabilities                             (957)      794,126        +   4,630        +  22,224
                          
Capital Accounts
Capital paid in                                                 13,451        +      16        +   2,924
Surplus                                                         11,630                0        +   2,783
Other capital accounts                                           2,397        +     213        +   1,012
      Total capital                                             27,478        +     229        +   6,718


Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
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  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of 
   foreign exchange commitments.



3. Maturity Distribution of Loans and Securities,   October 26, 2005
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days             174       56,437   -     870            0           0       21,750       23,654
16 days to 90 days           2      159,406   +   1,810            0           0            0            0
91 days to 1 year            0      183,293   +      60            0           0     ------      ------
Over 1 to 5 years     ------        210,625   +     511            0           0     ------      ------
Over 5 to 10 years    ------         52,611   +       5            0           0     ------      ------
Over 10 years         ------         77,170   +      11            0           0     ------      ------
                   		 	
All                        176      739,542   +   1,527            0           0       21,750      23,654

Note: Components may not sum to totals because of rounding.
---   Not applicable.

1  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. 
2  Cash value of agreements classified by remaining maturity of the agreements.



4. Statement of Condition of Each Federal Reserve Bank on   October 26, 2005
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        510      4,355        432        453        836        945        928        327        212        318        549      1,172
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             727         28         53         48         56         61         98         82         36         20         59         72        114
Securities, repurchase agreements,
      and loans                              761,467     37,840    315,005     26,237     31,242     56,439     57,221     66,653     22,994     15,482     20,942     36,424     74,989
   Securities held outright                  739,542     37,837    293,254     26,235     31,242     56,439     57,215     66,599     22,949     15,446     20,917     36,424     74,985
      U.S. Treasury (1)                      739,542     37,837    293,254     26,235     31,242     56,439     57,215     66,599     22,949     15,446     20,917     36,424     74,985
         Bills (2)                           270,649     13,847    107,322      9,601     11,434     20,655     20,939     24,373      8,398      5,653      7,655     13,330     27,442
         Notes and bonds(3)                  468,893     23,990    185,932     16,634     19,808     35,784     36,276     42,226     14,550      9,793     13,262     23,094     47,543
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                21,750          0     21,750          0          0          0          0          0          0          0          0          0          0
      Loans                                      176          3          1          3          0          0          6         54         45         36         24          0          5
Items in process of collection                 7,143        434        321        291        343        499      1,389        446        274        360        940        387      1,460
Bank premises                                  1,844        109        205         54        157        143        272        209         69        120         80        262        165
Other assets(5)                               38,143      3,262     14,501      1,067      2,483      4,857      2,153      2,672        928        770        709      1,028      3,712
Interdistrict settlement account                   0    - 3,594    -20,036    + 6,387    + 1,260    + 6,416    + 3,542    + 1,225    +    22    -   829    +    39    - 5,416    +10,984
          Total Assets                       822,561     38,704    315,278     34,599     36,098     69,398     65,786     72,428     24,721     16,165     23,152     33,402     92,829

Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
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  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.




4. Statement of Condition of Each Federal Reserve Bank on   October 26, 2005
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             891,899     39,080    330,011     37,475     36,392     68,391     81,525     77,170     26,377     16,837     26,117     47,508    105,016
  Less: notes held by F.R. Banks              158,268      4,884     44,189      6,200      5,963     13,146     22,566     11,053      3,590      2,584      5,440     17,004     21,651
    Federal Reserve notes, net                733,631     34,196    285,822     31,275     30,429     55,244     58,959     66,118     22,787     14,253     20,677     30,505     83,365
Reverse repurchase agreements (1)              23,654      1,210      9,380        839        999      1,805      1,830      2,130        734        494        669      1,165      2,398
Deposits                                       26,699        806     10,432        531      1,724      4,410      2,084      1,686        498        318        678        653      2,878
  Depository institutions                      21,504        798      5,397        530      1,719      4,281      2,082      1,683        496        317        676        652      2,874
  U.S. Treasury, general account                4,727          0      4,727          0          0          0          0          0          0          0          0          0          0
  Foreign official                                165          5        136          1          4          7          2          3          1          1          1          0          4
  Other                                           303          3        172          0          1        122          0          1          2          0          1          1          0
Deferred availability cash items                7,091        580        709        493        624        577        795        344        172        480        647        559      1,112
Other liabilities and accrued                 
  dividends (2)                                 4,008        210      1,372        161        203        424        324        366        145        111        128        196        368
   
    Total liabilities                         795,083     37,001    307,715     33,300     33,979     62,460     63,993     70,645     24,336     15,656     22,799     33,078     90,121
                              
Capital                    
Capital paid in                                13,451        316      3,660        744      1,027      3,938        869        866        141        244        170        149      1,325
Surplus                                        11,630      1,353      3,430        294      1,065      2,148        516        763        236        254        153        135      1,283
Other capital                                   2,397         34        474        260         27        851        408        153          9         11         30         40        100
     Total liabilities and capital            822,561     38,704    315,278     34,599     36,098     69,398     65,786     72,428     24,721     16,165     23,152     33,402     92,829
                              

Note: Components may not sum to totals because of rounding.

1  Cash value of agreements, which are collateralized by U.S. Treasury securities.
2  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.


5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars



Federal Reserve notes and collateral        Wednesday
                                          Oct 26, 2005
              
Federal Reserve notes outstanding             891,899
   Less: Notes held by F.R. Banks
         not subject to collateralization     158,268
      Federal Reserve Notes to be
         collateralized                       733,631 
Collateral held against Federal Reserve            
   notes                                      733,631
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              720,394
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         761,292
   Less:face value of securities under
         reverse repurchase agreements         23,676
      U.S. Treasury and agency securities
             eligible to be pledged           737,616
   

Note: Components may not sum to totals because of rounding.

1  Includes face value of U.S. Treasury and agency 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.