FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                               September 24, 2015


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Sep 23, 2015 
Federal Reserve Banks                                     Sep 23, 2015 Sep 16, 2015 Sep 24, 2014              

Reserve Bank credit                                         4,456,519   +   10,925   +   38,786    4,459,134  
  Securities held outright (1)                              4,247,505   +    9,104   +   52,286    4,249,658  
    U.S. Treasury securities                                2,461,946   +        2   +   14,880    2,461,946  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,640            0   +   14,336    2,346,640  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +      346       98,534  
      Inflation compensation (3)                               16,771   +        1   +      197       16,772  
    Federal agency debt securities (2)                         35,093            0   -    4,913       35,093  
    Mortgage-backed securities (4)                          1,750,467   +    9,102   +   42,320    1,752,619  
  Unamortized premiums on securities held outright (5)        194,539   -       41   -   15,362      194,460  
  Unamortized discounts on securities held outright (5)       -17,134   +       49   +    1,551      -17,119  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           269   +       15   -       61          283  
    Primary credit                                                 11   +        5   -       24           21  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               258   +       10   -        5          262  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       32            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,702   -        1   +       38        1,702  
  Net portfolio holdings of TALF LLC (9)                            0            0   -       44            0  
  Float                                                           117   +      160   +      611           69  
  Central bank liquidity swaps (10)                               683   +      539   +      660          683  
  Other Federal Reserve assets (11)                            28,837   +    1,100   -      894       29,397  
Foreign currency denominated assets (12)                       20,085   -       18   -    2,475       19,968  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (13)                             47,107   +       14   +      953       47,107  
                                                                                                              
Total factors supplying reserve funds                       4,539,952   +   10,920   +   37,264    4,542,450  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Sep 23, 2015 
Federal Reserve Banks                                     Sep 23, 2015 Sep 16, 2015 Sep 24, 2014              

Currency in circulation (13)                                 1,383,580   -    1,564   +   95,264    1,384,890 
Reverse repurchase agreements (14)                             290,801   +   61,223   +   20,259      303,797 
  Foreign official and international accounts                  159,390   +    2,174   +   59,101      159,500 
  Others                                                       131,410   +   59,048   -   38,844      144,297 
Treasury cash holdings                                             146   -       15   -       18          157 
Deposits with F.R. Banks, other than reserve balances          176,013   +   25,296   +   28,583      186,387 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               153,512   +   36,101   +   38,684      164,941 
  Foreign official                                               5,427   +      170   +      183        5,256 
  Other (15)                                                    17,073   -   10,976   -   10,286       16,190 
Other liabilities and capital (16)                              66,549   -      371   +    2,893       65,023 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,917,088   +   84,568   +  146,980    1,940,254 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,622,865   -   73,646   -  109,715    2,602,196 

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.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Sep 23, 2015 
                                                          Sep 23, 2015 Sep 16, 2015 Sep 24, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,351,571   +   14,272   -    8,031    3,349,655 
  Marketable U.S. Treasury securities (1)                    3,023,950   +   15,854   +      376    3,023,135 
  Federal agency debt and mortgage-backed securities (2)       282,670   -    1,705   -   10,424      281,580 
  Other securities (3)                                          44,951   +      123   +    2,017       44,940 
Securities lent to dealers                                      14,195   +      957   +    1,094       14,318 
  Overnight facility (4)                                        14,195   +      957   +    1,094       14,318 
    U.S. Treasury securities                                    14,146   +      956   +    1,828       14,270 
    Federal agency debt securities                                  49   +        1   -      734           48 

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, September 23, 2015  

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                          240            43             0             0             0           ...           283 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       1           327       166,961     1,133,906       522,712       638,040     2,461,946 
  Weekly changes                                 0             0             0             0             0    +        2    +        2 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         2,149        12,452        18,145             0         2,347        35,093 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           151         9,506     1,742,962     1,752,619 
  Weekly changes                                 0             0             0             0    +      187    +    7,312    +    7,500 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               683             0             0             0             0             0           683 
                                                                                                                                       
Reverse repurchase agreements (4)          303,797             0           ...           ...           ...           ...       303,797 
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.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Sep 23, 2015  

Mortgage-backed securities held outright (1)                                                                             1,752,619  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           21,240  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   63  



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
Account name                                                                                                            Wednesday   
                                                                                                                      Sep 23, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,702  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
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.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Sep 23, 2015   Wednesday    Wednesday  
                                                        consolidation                Sep 16, 2015 Sep 24, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,907   +        6   -       28  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,427,283   +    7,392   +   41,033  
    Securities held outright (1)                                          4,249,658   +    7,501   +   54,745  
      U.S. Treasury securities                                            2,461,946   +        2   +   13,321  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,640            0   +   12,773  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +      346  
        Inflation compensation (3)                                           16,772   +        2   +      202  
      Federal agency debt securities (2)                                     35,093            0   -    4,913  
      Mortgage-backed securities (4)                                      1,752,619   +    7,500   +   46,337  
    Unamortized premiums on securities held outright  
    (5)                                                                     194,460   -      176   -   15,251  
    Unamortized discounts on securities held outright 
    (5)                                                                     -17,119   +       48   +    1,586  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       283   +       19   -       48  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,702            0   +       38  
  Net portfolio holdings of TALF LLC (8)                                          0            0   -       44  
  Items in process of collection                                   (0)          307   +       20   +      228  
  Bank premises                                                               2,238   +        3   -       22  
  Central bank liquidity swaps (9)                                              683   +      538   +      660  
  Foreign currency denominated assets (10)                                   19,968   -      125   -    2,532  
  Other assets (11)                                                          27,159   +    1,841   -      901  
                                                                                                               
Total assets                                                       (0)    4,497,484   +    9,675   +   38,434  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Sep 23, 2015   Wednesday    Wednesday  
                                                        consolidation                Sep 16, 2015 Sep 24, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,339,843   +      122   +   94,725 
  Reverse repurchase agreements (12)                                         303,797   +   67,780   +   42,073 
  Deposits                                                          (0)    2,788,583   -   57,771   -  100,373 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,602,196   -   41,568   -  104,989 
    U.S. Treasury, General Account                                           164,941   -   15,049   +   46,036 
    Foreign official                                                           5,256   -       14   +       13 
    Other (13)                                                      (0)       16,190   -    1,139   -   41,433 
  Deferred availability cash items                                  (0)          238   -      118   -      414 
  Other liabilities and accrued dividends (14)                                 6,471   -      602   +      239 
                                                                                                               
Total liabilities                                                   (0)    4,438,933   +    9,412   +   36,252 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,276   +      132   +    1,091 
  Surplus                                                                     29,276   +      132   +    1,091 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,552   +      264   +    2,182 

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.                      

 



6. Statement of Condition of Each Federal Reserve Bank, September 23, 2015
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 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                                             1,907          47          68          133         134         301         200         274          32          44         153         198         323
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,427,283     112,222   2,657,581      110,107     106,436     240,446     249,327     164,516      46,226      27,059      57,522     142,616     513,226
    Securities held outright (1)               4,249,658     107,727   2,551,121      105,696     102,172     230,814     239,307     157,894      44,318      25,845      55,205     136,895     492,665
      U.S. Treasury securities                 2,461,946      62,409   1,477,936       61,233      59,191     133,717     138,637      91,472      25,674      14,973      31,982      79,307     285,415
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,946      62,409   1,477,936       61,233      59,191     133,717     138,637      91,472      25,674      14,973      31,982      79,307     285,415
      Federal agency debt securities (2)          35,093         890      21,067          873         844       1,906       1,976       1,304         366         213         456       1,130       4,068
      Mortgage-backed securities (4)           1,752,619      44,428   1,052,118       43,591      42,137      95,191      98,694      65,118      18,277      10,659      22,767      56,458     203,182
    Unamortized premiums on securities held 
      outright (5)                               194,460       4,929     116,737        4,837       4,675      10,562      10,950       7,225       2,028       1,183       2,526       6,264      22,544
    Unamortized discounts on securities     
      held outright (5)                          -17,119        -434     -10,277         -426        -412        -930        -964        -636        -179        -104        -222        -551      -1,985
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            283           0           0            0           0           0          34          33          59         135          13           8           2
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,702           0       1,702            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (8)               0           0           0            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     307           0           0            0           0           0         307           0           0           0           0           0           0
  Bank premises                                    2,238         128         437           73         107         215         208         204         118          93         238         221         196
  Central bank liquidity swaps (9)                   683          31         220           38          53         157          39          18           6           3           7          10         100
  Foreign currency denominated                                                                                                                                                                           
     assets (10)                                  19,968         905       6,438        1,116       1,556       4,582       1,136         536         186          84         210         288       2,932
  Other assets (11)                               27,159         721      15,741          682         661       1,624       1,532       1,015         496         191         389         962       3,146
  Interdistrict settlement account                     0  -   16,514  -   42,094   +    6,973  +   21,843  +   26,962  -    9,596  +   16,117  +   10,189  +    3,970  +    2,156  +    4,686  -   24,692
                                                                                                                                                                                                         
Total assets                                   4,497,484      98,084   2,645,621      119,672     131,533     275,481     245,407     183,838      57,702      31,704      61,115     150,153     497,175

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, September 23, 2015 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,526,807      48,903     501,067      50,089      82,874     105,569     212,863     105,207      52,521      26,933      41,314     116,741     182,726
    Less: Notes held by F.R. Banks               186,964       6,478      57,250       6,772      10,411      12,890      24,603      12,156       5,125       3,234       4,757      14,848      28,440
      Federal Reserve notes, net               1,339,843      42,425     443,816      43,317      72,463      92,679     188,260      93,051      47,396      23,699      36,557     101,893     154,286
  Reverse repurchase agreements (12)             303,797       7,701     182,373       7,556       7,304      16,500      17,107      11,287       3,168       1,848       3,946       9,786      35,219
  Deposits                                     2,788,583      45,145   1,996,968      65,326      47,030     152,541      36,134      77,600       6,425       5,677      19,844      37,361     298,532
    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                           2,602,196      45,141   1,818,493      65,324      47,027     152,411      36,124      69,885       6,389       5,677      19,843      37,358     298,524
    U.S. Treasury, General Account               164,941           0     164,941           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,256           2       5,229           2           3           9           2           1           0           0           0           1           6
    Other (13)                                    16,190           2       8,305           0           0         121           7       7,714          35           0           1           2           2
  Deferred availability cash items                   238           0           0           0           0           0         155           0           0          83           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (14)                         1,660          42       1,121          39          35          68         106          60          17          10          26          61          76
  Other liabilities and accrued             
     dividends                                     4,811         167       2,138         201         216         538         341         260         128         137         121         187         379
                                                                                                                                                                                                        
Total liabilities                              4,438,933      95,480   2,626,416     116,439     127,048     262,326     242,103     182,258      57,133      31,454      60,495     149,288     488,492
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,276       1,302       9,603       1,617       2,242       6,577       1,652         790         284         125         310         433       4,341
  Surplus                                         29,276       1,302       9,603       1,617       2,242       6,577       1,652         790         284         125         310         433       4,341
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,497,484      98,084   2,645,621     119,672     131,533     275,481     245,407     183,838      57,702      31,704      61,115     150,153     497,175

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, September 23, 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).

                                                                                                                    



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Sep 23, 2015  

Federal Reserve notes outstanding                                                            1,526,807  
  Less: Notes held by F.R. Banks not subject to collateralization                              186,964  
    Federal Reserve notes to be collateralized                                               1,339,843  
Collateral held against Federal Reserve notes                                                1,339,843  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,323,606  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,249,658  
  Less: Face value of securities under reverse repurchase agreements                           290,364  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,959,294  

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.