FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks October 15, 2015

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

Oct 14, 2015 Oct 7, 2015 Oct 15, 2014

Wednesday

Oct 14, 2015

Reserve Bank credit 4,451,389 + 4,642 + 29,916 4,465,712

Securities held outright1 4,240,405 + 2,151 + 43,729 4,253,455

U.S. Treasury securities 2,461,885 - 39 + 7,325 2,461,874

Bills2 0 0 0 0

Notes and bonds, nominal2 2,346,639 0 + 7,045 2,346,639

Notes and bonds, inflation-indexed2 98,534 0 + 65 98,534

Inflation compensation3 16,711 - 39 + 213 16,700

Federal agency debt securities2 35,093 0 - 4,869 35,093

Mortgage-backed securities4 1,743,427 + 2,190 + 41,274 1,756,488

Unamortized premiums on securities held outright5 193,168 - 280 - 15,800 193,504

Unamortized discounts on securities held outright5 -16,964 + 33 + 1,771 -16,953

Repurchase agreements6 0 0 0 0

Loans 214 - 1 - 12 220

Primary credit 10 + 2 + 6 16

Secondary credit 0 0 0 0

Seasonal credit 203 - 4 - 5 204

Term Asset-Backed Securities Loan Facility7 0 0 - 14 0

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC8 1,703 0 + 32 1,705

Net portfolio holdings of TALF LLC9 0 0 - 24 0

Float 111 - 149 + 751 165

Central bank liquidity swaps10 145 + 2 + 145 145

Other Federal Reserve assets11 32,607 + 2,885 - 676 33,471

Foreign currency denominated assets12 20,203 + 101 - 2,280 20,332

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding13 47,268 + 14 + 1,068 47,268

Total factors supplying reserve funds 4,535,101 + 4,757 + 28,704 4,549,552

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

Oct 14, 2015 Oct 7, 2015 Oct 15, 2014

Wednesday

Oct 14, 2015

Currency in circulation13 1,392,576 + 3,829 + 96,748 1,392,936

Reverse repurchase agreements14 279,166 - 53,555 + 24,723 262,446

Foreign official and international accounts 171,377 + 2,494 + 72,275 172,262

Others 107,789 - 56,049 - 47,552 90,184

Treasury cash holdings 222 + 26 + 28 188

Deposits with F.R. Banks, other than reserve balances 98,642 - 11,122 + 1,146 106,254

Term deposits held by depository institutions 0 0 0 0

U.S. Treasury, General Account 66,439 - 16,942 - 13,351 57,540

Foreign official 5,321 + 65 + 78 5,298

Other15 26,882 + 5,755 + 14,419 43,416

Other liabilities and capital16 67,314 + 1,031 + 2,167 67,748

Total factors, other than reserve balances,

absorbing reserve funds 1,837,920 - 59,791 + 124,813 1,829,572

Reserve balances with Federal Reserve Banks 2,697,180 + 64,547 - 96,110 2,719,980

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 and Federal agency debt securities, amortization is on a straight-line basis. For mortgage-backed securities,

amortization is on an effective-interest basis.

6. Cash value of agreements.

7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

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

9. Refer to the note on consolidation accompanying table 6.

10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned

to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the

foreign central bank.

11. Includes 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.

12. Revalued daily at current foreign currency exchange rates.

13. Estimated.

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

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

financial market utilities.

16. Includes the liability for interest on Federal Reserve notes due to 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

Oct 14, 2015 Oct 7, 2015 Oct 15, 2014

Wednesday

Oct 14, 2015

Securities held in custody for foreign official and international

accounts 3,314,443 - 14,099 - 3,581 3,313,367

Marketable U.S. Treasury securities1 2,987,803 - 14,802 + 4,886 2,986,392

Federal agency debt and mortgage-backed securities2 280,890 - 189 - 10,265 281,162

Other securities3 45,751 + 893 + 1,798 45,813

Securities lent to dealers 12,937 - 1,899 + 341 15,193

Overnight facility4 12,937 - 1,899 + 341 15,193

U.S. Treasury securities 12,890 - 1,898 + 1,087 15,144

Federal agency debt securities 47 - 1 - 746 49

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, October 14, 2015

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 71 149 0 0 0 ... 220

U.S. Treasury securities1

Holdings 0 327 173,785 1,135,721 514,049 637,992 2,461,874

Weekly changes 0 0 - 1 - 5 - 5 - 25 - 37

Federal agency debt securities2

Holdings 947 1,202 12,452 18,145 0 2,347 35,093

Weekly changes 0 0 0 0 0 0 0

Mortgage-backed securities3

Holdings 0 0 0 278 9,453 1,746,757 1,756,488

Weekly changes 0 0 0 0 0 + 15,239 + 15,239

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

Central bank liquidity swaps5 145 0 0 0 0 0 145

Reverse repurchase agreements4 262,446 0 ... ... ... ... 262,446

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 Oct 14, 2015

Mortgage-backed securities held outright1 1,756,488

Commitments to buy mortgage-backed securities2 23,470

Commitments to sell mortgage-backed securities2 100

Cash and cash equivalents3 0

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 Oct 14, 2015

Net portfolio holdings of Maiden Lane LLC1 1,705

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, 2015. 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

Oct 14, 2015 Oct 7, 2015 Oct 15, 2014

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,899 - 10 0

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,430,226 + 15,395 + 30,809

Securities held outright1 4,253,455 + 15,202 + 44,932

U.S. Treasury securities 2,461,874 - 37 + 6,529

Bills2 0 0 0

Notes and bonds, nominal2 2,346,639 0 + 6,247

Notes and bonds, inflation-indexed2 98,534 0 + 65

Inflation compensation3 16,700 - 37 + 216

Federal agency debt securities2 35,093 0 - 4,607

Mortgage-backed securities4 1,756,488 + 15,239 + 43,010

Unamortized premiums on securities held outright5 193,504 + 166 - 15,875

Unamortized discounts on securities held outright5 -16,953 + 33 + 1,766

Repurchase agreements6 0 0 0

Loans 220 - 6 - 14

Net portfolio holdings of Maiden Lane LLC7 1,705 + 2 + 31

Net portfolio holdings of TALF LLC8 0 0 - 24

Items in process of collection (0) 689 + 129 + 587

Bank premises 2,234 + 1 - 25

Central bank liquidity swaps9 145 + 2 + 145

Foreign currency denominated assets10 20,332 + 251 - 2,392

Other assets11 31,238 + 2,749 + 1,214

Total assets (0) 4,504,704 + 18,519 + 30,344

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

Oct 14, 2015 Oct 7, 2015 Oct 15, 2014

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,347,750 + 1,911 + 95,534

Reverse repurchase agreements12 262,446 - 20,238 + 41,297

Deposits (0) 2,826,235 + 34,597 - 109,313

Term deposits held by depository institutions 0 0 0

Other deposits held by depository institutions 2,719,981 + 41,187 - 100,755

U.S. Treasury, General Account 57,540 - 29,599 - 43,873

Foreign official 5,298 + 42 + 56

Other13 (0) 43,416 + 22,967 + 35,260

Deferred availability cash items (0) 524 + 136 - 533

Other liabilities and accrued dividends14 9,166 + 2,099 + 1,201

Total liabilities (0) 4,446,121 + 18,504 + 28,187

Capital accounts

Capital paid in 29,291 + 7 + 1,078

Surplus 29,291 + 7 + 1,078

Other capital accounts 0 0 0

Total capital 58,583 + 15 + 2,158

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 and Federal agency debt securities, amortization is on a straight-line basis. For 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. Refer to the note on consolidation accompanying table 6.

9. 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.

10. Revalued daily at current foreign currency exchange rates.

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

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.

14. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, October 14, 2015

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 11,037 347 3,709 340 505 783 1,600 734 299 171 288 891 1,370

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

Coin 1,899 49 69 132 132 306 195 272 28 43 153 194 326

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,430,226 112,298 2,659,392 110,182 106,508 240,610 249,498 164,609 46,226 27,062 57,557 142,711 513,573

Securities held outright1 4,253,455 107,823 2,553,400 105,790 102,263 231,020 239,521 158,035 44,357 25,868 55,255 137,018 493,105

U.S. Treasury securities 2,461,874 62,407 1,477,892 61,231 59,189 133,713 138,633 91,470 25,674 14,972 31,981 79,305 285,406

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

Notes and bonds3 2,461,874 62,407 1,477,892 61,231 59,189 133,713 138,633 91,470 25,674 14,972 31,981 79,305 285,406

Federal agency debt securities2 35,093 890 21,067 873 844 1,906 1,976 1,304 366 213 456 1,130 4,068

Mortgage-backed securities4 1,756,488 44,526 1,054,441 43,687 42,230 95,401 98,911 65,261 18,318 10,682 22,818 56,582 203,631

Unamortized premiums on securities 

held outright5 193,504 4,905 116,163 4,813 4,652 10,510 10,897 7,190 2,018 1,177 2,514 6,233 22,433

Unamortized discounts on securities 

held outright5 -16,953 -430 -10,177 -422 -408 -921 -955 -630 -177 -103 -220 -546 -1,965

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

Loans 220 0 7 0 0 0 35 15 28 121 9 6 0

Net portfolio holdings of Maiden

Lane LLC7 1,705 0 1,705 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of TALF LLC8 0 0 0 0 0 0 0 0 0 0 0 0 0

Items in process of collection 689 0 0 0 0 0 688 0 0 1 0 0 0

Bank premises 2,234 126 439 73 106 214 208 204 118 93 238 220 196

Central bank liquidity swaps9 145 7 47 8 11 33 8 4 1 1 2 2 21

Foreign currency denominated

assets10 20,332 922 6,555 1,136 1,585 4,665 1,157 546 189 85 214 293 2,985

Other assets11 31,238 831 18,259 784 761 1,882 1,780 1,178 399 218 449 1,067 3,629

Interdistrict settlement account 0 - 16,172 - 120,891 + 2,105 + 32,845 + 43,439 - 6,181 + 23,268 + 11,089 + 4,680 + 2,761 + 6,680 + 16,376

Total assets 4,504,704 98,604 2,571,103 114,970 142,690 292,343 249,607 191,239 58,499 32,444 61,814 152,341 539,049

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, October 14, 2015 (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 1,531,133 49,000 500,711 50,065 83,653 105,910 215,181 104,911 52,410 27,068 41,342 116,474 184,407

Less: Notes held by F.R. Banks 183,383 6,104 59,651 6,684 9,808 12,536 23,151 11,374 4,866 3,134 4,712 14,431 26,932

Federal Reserve notes, net 1,347,750 42,896 441,060 43,381 73,845 93,374 192,030 93,537 47,544 23,935 36,630 102,043 157,475

Reverse repurchase agreements12 262,446 6,653 157,549 6,527 6,310 14,254 14,779 9,751 2,737 1,596 3,409 8,454 30,425

Deposits 2,826,235 46,184 1,948,351 61,531 57,729 170,792 38,562 85,972 7,480 6,358 20,983 40,670 341,623

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 2,719,981 46,178 1,850,635 61,529 57,726 170,488 38,552 77,810 7,443 6,358 20,981 40,666 341,614

U.S. Treasury, General Account 57,540 0 57,540 0 0 0 0 0 0 0 0 0 0

Foreign official 5,298 2 5,271 2 3 9 2 1 0 0 0 1 6

Other13 43,416 4 34,905 0 0 295 7 8,162 37 0 1 3 2

Deferred availability cash items 524 0 0 0 0 0 381 0 0 143 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury14 2,119 53 1,285 52 49 111 121 84 20 11 29 67 235

Other liabilities and accrued

dividends 7,047 214 3,644 245 265 656 428 318 149 151 151 241 584

Total liabilities 4,446,121 96,000 2,551,890 111,737 138,199 279,188 246,302 189,663 57,930 32,193 61,203 151,475 530,342

Capital

Capital paid in 29,291 1,302 9,606 1,617 2,246 6,578 1,652 788 285 126 306 433 4,353

Surplus 29,291 1,302 9,606 1,617 2,246 6,578 1,652 788 285 126 306 433 4,353

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

Total liabilities and capital 4,504,704 98,604 2,571,103 114,970 142,690 292,343 249,607 191,239 58,499 32,444 61,814 152,341 539,049

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, October 14, 2015 (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 and Federal

agency debt securities, amortization is on a straight-line basis. For 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. Refer to the note on consolidation below.

9. 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.

10. Revalued daily at current foreign currency exchange rates.

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

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.

14. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank’s net earnings are not sufficient to equate surplus

to capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the

Federal Reserve Bank’s earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy,

which requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends,

and the amount necessary to equate surplus with capital paid-in.

Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) 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 (ML), which 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. On November 25,

2008, the Federal Reserve Board authorized FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by FRBNY in connection with

the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility. On January 15, 2013 FRBNY’s commitment to extend credit to TALF LLC was

eliminated.

FRBNY was the primary beneficiary of ML because it received a majority of the residual returns and could have absorbed a majority of any residual losses should they have occurred. FRBNY was the primary

beneficiary of TALF LLC, because of the two beneficiaries of TALF LLC, FRBNY and the U.S. Treasury, FRBNY was primarily responsible for directing the financial activities of TALF LLC. Consistent with

generally accepted accounting principles, the assets and liabilities of these LLCs 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 extensions of credit from FRBNY to the LLCs were eliminated, the net assets of the LLCs appeared as assets on the previous page (and in table 1 and table

5), and the liabilities of the LLCs to entities other than FRBNY, including those with recourse only to the portfolio holdings of the LLCs, 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 Oct 14, 2015

Federal Reserve notes outstanding 1,531,133

Less: Notes held by F.R. Banks not subject to collateralization 183,383

Federal Reserve notes to be collateralized 1,347,750

Collateral held against Federal Reserve notes 1,347,750

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,331,513

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 4,253,455

Less: Face value of securities under reverse repurchase agreements 241,351

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 4,012,103

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.