FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks October 11, 2018

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 10, 2018 Oct 3, 2018 Oct 11, 2017

Wednesday

Oct 10, 2018

Reserve Bank credit 4,137,004 - 8,760 - 281,933 4,137,727

Securities held outright1 3,978,409 - 10,841 - 262,036 3,978,415

U.S. Treasury securities 2,294,222 - 10,844 - 171,306 2,294,227

Bills2 100 0 + 100 100

Notes and bonds, nominal2 2,156,595 - 10,861 - 180,731 2,156,595

Notes and bonds, inflation-indexed2 115,579 0 + 6,167 115,579

Inflation compensation3 21,948 + 17 + 3,159 21,953

Federal agency debt securities2 2,409 0 - 4,348 2,409

Mortgage-backed securities4 1,681,778 + 3 - 86,382 1,681,778

Unamortized premiums on securities held outright5 144,557 - 247 - 17,557 144,492

Unamortized discounts on securities held outright5 -13,638 + 31 + 774 -13,629

Repurchase agreements6 0 0 0 0

Loans 217 - 110 + 38 189

Primary credit 3 - 72 0 13

Secondary credit 0 0 0 0

Seasonal credit 214 - 38 + 39 176

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 7 0 - 1,700 7

Float -200 + 429 + 118 -152

Central bank liquidity swaps8 90 + 16 + 54 90

Other Federal Reserve assets9 27,562 + 1,962 - 1,625 28,316

Foreign currency denominated assets10 20,767 - 105 - 358 20,854

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding11 49,787 + 14 + 594 49,787

Total factors supplying reserve funds 4,223,799 - 8,851 - 281,697 4,224,609

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 10, 2018 Oct 3, 2018 Oct 11, 2017

Wednesday

Oct 10, 2018

Currency in circulation11 1,691,914 + 5,190 + 107,144 1,692,975

Reverse repurchase agreements12 223,290 - 33,183 - 129,624 217,293

Foreign official and international accounts 221,246 - 8,687 - 8,430 214,903

Others 2,044 - 24,496 - 121,193 2,390

Treasury cash holdings 221 + 6 + 16 227

Deposits with F.R. Banks, other than reserve balances 398,215 - 45,488 + 143,942 389,917

Term deposits held by depository institutions 0 0 0 0

U.S. Treasury, General Account 324,721 - 43,286 + 154,955 308,869

Foreign official 5,257 + 1 + 91 5,258

Other13 68,238 - 2,202 - 11,103 75,790

Other liabilities and capital14 45,095 + 1,136 - 3,741 45,310

Total factors, other than reserve balances,

absorbing reserve funds 2,358,734 - 72,340 + 117,736 2,345,721

Reserve balances with Federal Reserve Banks 1,865,065 + 63,489 - 399,433 1,878,887

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, designated financial

market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment

arrangements. 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

Oct 10, 2018 Oct 3, 2018 Oct 11, 2017

Wednesday

Oct 10, 2018

Securities held in custody for foreign official and international

accounts 3,444,409 + 8,292 + 83,929 3,439,492

Marketable U.S. Treasury securities1 3,069,517 + 8,723 + 36,384 3,064,214

Federal agency debt and mortgage-backed securities2 306,913 + 94 + 43,862 306,913

Other securities3 67,979 - 525 + 3,683 68,365

Securities lent to dealers 18,440 + 118 - 6,293 18,273

Overnight facility4 18,440 + 118 - 6,293 18,273

U.S. Treasury securities 18,440 + 118 - 6,293 18,273

Federal agency debt securities 0 0 0 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, October 10, 2018

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 55 134 0 0 0 ... 189

U.S. Treasury securities1

Holdings 26 101,337 310,595 999,355 265,769 617,146 2,294,227

Weekly changes 0 0 0 + 3 + 6 + 9 + 17

Federal agency debt securities2

Holdings 0 0 62 0 0 2,347 2,409

Weekly changes 0 0 0 0 0 0 0

Mortgage-backed securities3

Holdings 0 0 1 184 49,581 1,632,012 1,681,778

Weekly changes 0 0 0 0 + 5,978 - 5,976 + 3

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

Central bank liquidity swaps5 90 0 0 0 0 0 90

Reverse repurchase agreements4 217,293 0 ... ... ... ... 217,293

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 10, 2018

Mortgage-backed securities held outright1 1,681,778

Commitments to buy mortgage-backed securities2 7,387

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 3

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 10, 2018

Net portfolio holdings of Maiden Lane LLC1 7

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.

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 10, 2018 Oct 3, 2018 Oct 11, 2017

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,754 - 8 - 101

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,109,467 - 375 - 278,805

Securities held outright1 3,978,415 + 21 - 262,056

U.S. Treasury securities 2,294,227 + 17 - 171,327

Bills2 100 0 + 100

Notes and bonds, nominal2 2,156,595 0 - 180,731

Notes and bonds, inflation-indexed2 115,579 0 + 6,167

Inflation compensation3 21,953 + 17 + 3,137

Federal agency debt securities2 2,409 0 - 4,348

Mortgage-backed securities4 1,681,778 + 3 - 86,382

Unamortized premiums on securities held outright5 144,492 - 218 - 17,554

Unamortized discounts on securities held outright5 -13,629 + 29 + 774

Repurchase agreements6 0 0 0

Loans 189 - 208 + 31

Net portfolio holdings of Maiden Lane LLC7 7 0 - 1,699

Items in process of collection (0) 182 + 48 + 89

Bank premises 2,180 + 1 - 18

Central bank liquidity swaps8 90 + 16 + 54

Foreign currency denominated assets9 20,854 + 72 - 389

Other assets10 26,136 + 2,450 - 1,640

Total assets (0) 4,176,906 + 2,202 - 282,509

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 10, 2018 Oct 3, 2018 Oct 11, 2017

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,645,165 + 3,063 + 106,779

Reverse repurchase agreements11 217,293 - 12,754 - 142,982

Deposits (0) 2,268,804 + 10,329 - 243,094

Term deposits held by depository institutions 0 0 0

Other deposits held by depository institutions 1,878,887 + 41,300 - 388,852

U.S. Treasury, General Account 308,869 - 41,412 + 153,562

Foreign official 5,258 + 1 + 92

Other12 (0) 75,790 + 10,440 - 7,897

Deferred availability cash items (0) 334 + 8 - 109

Other liabilities and accrued dividends13 6,182 + 1,537 - 1,016

Total liabilities (0) 4,137,778 + 2,184 - 280,422

Capital accounts

Capital paid in 32,303 + 19 + 1,088

Surplus 6,825 0 - 3,175

Other capital accounts 0 0 0

Total capital 39,128 + 19 - 2,087

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, designated financial

market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment

arrangements. 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, October 10, 2018

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 11,037 364 3,626 350 544 773 1,491 739 334 199 307 905 1,405

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

Coin 1,754 46 39 160 120 244 189 291 31 43 106 198 287

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,109,467 78,483 2,268,640 103,751 116,499 243,171 246,683 220,105 54,779 34,363 64,700 169,918 508,376

Securities held outright1 3,978,415 75,984 2,196,393 100,447 112,789 235,427 238,811 213,075 52,966 33,200 62,630 164,507 492,186

U.S. Treasury securities 2,294,227 43,817 1,266,591 57,924 65,042 135,763 137,715 122,874 30,544 19,145 36,117 94,866 283,828

Bills2 100 2 55 3 3 6 6 5 1 1 2 4 12

Notes and bonds3 2,294,127 43,815 1,266,536 57,922 65,039 135,758 137,709 122,868 30,542 19,144 36,115 94,862 283,816

Federal agency debt securities2 2,409 46 1,330 61 68 143 145 129 32 20 38 100 298

Mortgage-backed securities4 1,681,778 32,120 928,472 42,461 47,679 99,521 100,952 90,072 22,390 14,034 26,475 69,541 208,060

Unamortized premiums on securities 

held outright5 144,492 2,760 79,771 3,648 4,096 8,550 8,673 7,739 1,924 1,206 2,275 5,975 17,876

Unamortized discounts on securities 

held outright5 -13,629 -260 -7,524 -344 -386 -807 -818 -730 -181 -114 -215 -564 -1,686

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

Loans 189 0 0 0 0 0 17 21 71 71 10 0 0

Net portfolio holdings of Maiden

Lane LLC7 7 0 7 0 0 0 0 0 0 0 0 0 0

Items in process of collection 182 0 0 0 0 0 181 0 0 1 0 0 0

Bank premises 2,180 108 444 77 117 195 205 196 106 95 233 218 187

Central bank liquidity swaps8 90 4 28 5 7 19 5 4 1 0 1 1 13

Foreign currency denominated

assets9 20,854 887 6,575 1,184 1,683 4,505 1,205 884 301 96 207 258 3,069

Other assets10 26,136 533 13,993 655 754 1,748 1,570 1,375 425 285 466 1,125 3,206

Interdistrict settlement account 0 + 6,243 - 9,220 - 6,239 + 2,059 + 6,608 + 30,533 + 36 + 3,153 - 210 - 2,565 + 4,051 - 34,449

Total assets 4,176,906 86,865 2,285,951 100,153 122,020 257,675 282,716 224,053 59,280 34,961 63,608 176,957 482,667

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 10, 2018 (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 1,837,706 58,365 613,165 54,677 88,250 125,833 263,645 120,259 55,295 30,375 49,590 149,930 228,323

Less: Notes held by F.R. Banks 192,541 6,170 52,552 7,218 9,433 13,884 30,343 12,961 5,421 3,017 5,590 17,155 28,797

Federal Reserve notes, net 1,645,165 52,195 560,613 47,459 78,817 111,948 233,302 107,299 49,874 27,358 44,000 132,775 199,526

Reverse repurchase agreements11 217,293 4,150 119,963 5,486 6,160 12,859 13,043 11,638 2,893 1,813 3,421 8,985 26,882

Deposits 2,268,804 28,682 1,590,283 44,709 33,651 123,916 33,505 103,091 5,759 5,305 15,632 34,426 249,844

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 1,878,887 28,653 1,248,277 44,706 33,599 123,187 33,470 56,267 5,750 5,222 15,622 34,296 249,838

U.S. Treasury, General Account 308,869 0 308,869 0 0 0 0 0 0 0 0 0 0

Foreign official 5,258 2 5,230 2 3 9 2 2 1 0 0 0 6

Other12 75,790 28 27,906 1 49 720 33 46,822 9 82 10 129 1

Deferred availability cash items 334 0 0 0 0 0 189 0 0 145 0 0 0

Earnings remittances due to the U.S.

Treasury13 1,240 23 675 30 47 17 106 65 21 12 23 65 155

Other liabilities and accrued

dividends 4,941 181 1,977 213 218 572 322 324 144 150 153 223 464

Total liabilities 4,137,778 85,232 2,273,511 97,897 118,893 249,312 280,467 222,416 58,691 34,784 63,229 176,475 476,872

Capital

Capital paid in 32,303 1,343 10,288 1,868 2,576 6,888 1,854 1,348 490 146 311 398 4,791

Surplus 6,825 290 2,151 388 551 1,474 394 289 98 31 68 84 1,005

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

Total liabilities and capital 4,176,906 86,865 2,285,951 100,153 122,020 257,675 282,716 224,053 59,280 34,961 63,608 176,957 482,667

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 10, 2018 (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, designated financial market utilities, and deposits held by

depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. 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 $6.825 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 Oct 10, 2018

Federal Reserve notes outstanding 1,837,706

Less: Notes held by F.R. Banks not subject to collateralization 192,541

Federal Reserve notes to be collateralized 1,645,165

Collateral held against Federal Reserve notes 1,645,165

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,628,928

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 3,978,415

Less: Face value of securities under reverse repurchase agreements 218,670

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,759,744

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.