FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                    July 25, 2013


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  Jul 24, 2013 
Federal Reserve Banks                                     Jul 24, 2013 Jul 17, 2013 Jul 25, 2012              

Reserve Bank credit                                         3,516,577   +   38,996   +  702,704    3,531,877  
  Securities held outright (1)                              3,282,660   +   37,647   +  675,499    3,297,452  
    U.S. Treasury securities                                1,963,988   +    5,301   +  313,240    1,970,003  
      Bills (2)                                                     0            0   -    5,938            0  
      Notes and bonds, nominal (2)                          1,866,697   +    5,037   +  300,874    1,872,698  
      Notes and bonds, inflation-indexed (2)                   84,406   +      197   +   15,320       84,406  
      Inflation compensation (3)                               12,885   +       66   +    2,984       12,899  
    Federal agency debt securities (2)                         66,521   -      454   -   24,508       66,521  
    Mortgage-backed securities (4)                          1,252,151   +   32,801   +  386,767    1,260,928  
  Unamortized premiums on securities held outright (5)        204,621   +      380   +   61,449      204,717  
  Unamortized discounts on securities held outright (5)        -2,954   -      205   -      897       -3,031  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           361   -        4   -    3,469          344  
    Primary credit                                                 10   -        3   -        7            2  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               116   +        6   +        6          126  
    Term Asset-Backed Securities Loan Facility (7)                236   -        6   -    3,468          215  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,414   -        1   -      621        1,414  
  Net portfolio holdings of Maiden Lane II LLC (9)                 64            0   +       40           64  
  Net portfolio holdings of Maiden Lane III LLC (10)               22            0   -    6,283           22  
  Net portfolio holdings of TALF LLC (11)                         268            0   -      580          268  
  Float                                                          -637   +      142   -       39         -772  
  Central bank liquidity swaps (12)                             1,480   +        1   -   25,752        1,480  
  Other Federal Reserve assets (13)                            29,276   +    1,033   +    3,356       29,918  
Foreign currency denominated assets (14)                       23,558   +       40   -    1,385       23,623  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (15)                             45,197   +       14   +      645       45,197  
                                                                                                              
Total factors supplying reserve funds                       3,601,572   +   39,048   +  701,963    3,616,938  

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  Jul 24, 2013 
Federal Reserve Banks                                     Jul 24, 2013 Jul 17, 2013 Jul 25, 2012              

Currency in circulation (15)                                 1,194,261   -    2,153   +   83,340    1,195,080 
Reverse repurchase agreements (16)                              87,254   -    5,171   +    2,348       85,555 
  Foreign official and international accounts                   87,254   -    5,171   +    2,348       85,555 
  Others                                                             0            0            0            0 
Treasury cash holdings                                             128   +        9   +       10          135 
Deposits with F.R. Banks, other than reserve balances          160,336   +   42,521   +   75,638      173,391 
  Term deposits held by depository institutions                 11,913   +   11,913   +    8,873       11,913 
  U.S. Treasury, General Account                                58,403   -   11,755   +   12,866       50,966 
  Foreign official                                              10,104   +      160   +    7,540       10,410 
  Other                                                         79,916   +   42,202   +   46,359      100,102 
Other liabilities and capital (17)                              64,673   +    1,212   -    2,792       63,450 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,506,653   +   36,419   +  158,545    1,517,611 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,094,920   +    2,631   +  543,419    2,099,328 

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. Current face value of the securities, which      
    is the remaining principal balance of the underlying mortgages.                                     
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 9.                                    
9.  Refer to table 5 and the note on consolidation accompanying table 9.                                    
10. Refer to table 6 and the note on consolidation accompanying table 9.                                    
11. Refer to table 7 and the note on consolidation accompanying table 9.                                    
12. 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.     
13. 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.                                                                                       
14. Revalued daily at current foreign currency exchange rates.                                              
15. Estimated.                                                                                              
16. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
17. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC      
    to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
    only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on      
    consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
    to U.S. Treasury. Refer to table 8 and table 9.                                                     


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  Jul 24, 2013 
                                                          Jul 24, 2013 Jul 17, 2013 Jul 25, 2012              

Securities held in custody for foreign official and       
     international accounts                                  3,269,989   -    8,294   +  144,270    3,274,663 
  Marketable U.S. Treasury securities (1)                    2,930,136   -   11,877   +  176,154    2,925,551 
  Federal agency debt and mortgage-backed securities (2)       302,982   +    4,321   -   31,058      312,178 
  Other securities (3)                                          36,872   -      737   -      825       36,934 
Securities lent to dealers                                      10,795   +      189   +    2,110        7,805 
  Overnight facility (4)                                        10,795   +      189   +    2,110        7,805 
    U.S. Treasury securities                                    10,021   +      190   +    2,145        7,058 
    Federal agency debt securities                                 774   -        1   -       35          747 

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, 8, and 9.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the underlying mortgages.                                     
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, July 24, 2013       

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 (1)                                      105            24            16           199             0           ...           344 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                       1             3           342       570,939       886,154       512,565     1,970,003 
  Weekly changes                                 0             0             0    +        5    +    6,836    +    1,492    +    8,332 
Federal agency debt securities (3)                                                                                                     
  Holdings                                       0         7,441        16,430        40,241            62         2,347        66,521 
  Weekly changes                                 0    +    1,085    -    1,085             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0             0             1         2,618     1,258,308     1,260,928 
  Weekly changes                                 0             0             0             0    +        1    +   26,390    +   26,391 
Asset-backed securities held by      
  TALF LLC (5)                                   0             0             0             0             0             0             0 
Repurchase agreements (6)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (7)                 1         1,479             0             0             0             0         1,480 
                                                                                                                                       
Reverse repurchase agreements (6)           85,555             0           ...           ...           ...           ...        85,555 
Term deposits                                    0        11,913             0           ...           ...           ...        11,913 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden         
    Lane II LLC, Maiden Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's
    statement of condition consistent with consolidation under generally accepted accounting principles.
2.  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.             
3.  Face value.                                                                                             
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which      
    is the remaining principal balance of the underlying mortgages.                                     
5.  Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of     
    the underlying assets.                                                                              
6.  Cash value of agreements.                                                                               
7.  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   
                                                                                                                      Jul 24, 2013  

Mortgage-backed securities held outright (1)                                                                             1,260,928  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           73,410  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   85  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which      
    is the remaining principal balance of the underlying mortgages.                                     
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 8       
    and table 9.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Jul 24, 2013  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,414  
                                                                                                                                    
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 March 31, 2013. 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 9.                                                  
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 8 and table 9.                      


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. Payments by Maiden Lane LLC from the proceeds of
the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to
the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan
Chase & Co. Any remaining funds will be paid to the FRBNY.

                                              

5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Jul 24, 2013  

Net portfolio holdings of Maiden Lane II LLC (1)                                                                                64  
                                                                                                                                    
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  
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (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 March 31, 2013. 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 9.                                                  
3.  Book value. The deferred payment represents the portion of the proceeds of the net portfolio            
    holdings due to subsidiaries of American International Group, Inc. in accordance with the asset purchase
    agreement. The fair value of this payment and accrued interest payable are included in other        
    liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.


Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden
Lane II LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was
formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment
portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC
from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of
Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment and interest due
to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.                  





6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Jul 24, 2013  

Net portfolio holdings of Maiden Lane III LLC (1)                                                                               22  
                                                                                                                                    
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 American International Group, Inc. (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 March 31, 2013. 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 9.                                                  
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 8 and table 9.                      


Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden
Lane III LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was
formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group
of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection
with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments
by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following order:
operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due
to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

               

7. Information on Principal Accounts of TALF LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Jul 24, 2013  

Asset-backed securities holdings (1)                                                                                             0  
Other investments, net                                                                                                         268  
Net portfolio holdings of TALF LLC                                                                                             268  
                                                                                                                                    
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  
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (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 9.                                                  
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 8 and table 9.                      


Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities
Loan Facility (TALF) under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility
under which the Federal Reserve Bank of New York (FRBNY) extended loans with a term of up to five years to
holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010.
The loans provided through the TALF to eligible borrowers are non-recourse, meaning that the obligation of the
borrower can be discharged by surrendering the collateral to the FRBNY.                                     

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received
by the FRBNY in connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed,
for a fee, to purchase all asset-backed securities received by the FRBNY in conjunction with a TALF loan at a
price equal to the TALF loan plus accrued but unpaid interest. Prior to January 15, 2013, the U.S. Treasury's
Troubled Asset Relief Program (TARP) committed backup funding to TALF LLC, providing credit protection to the
FRBNY. However, the accumulated fees and income collected through the TALF and held by TALF LLC now exceed the
remaining amount of TALF loans outstanding. Accordingly, the TARP credit protection commitment has been
terminated, and TALF LLC has begun to distribute excess proceeds to the Treasury and the FRBNY. Any remaining funds
will be shared by the FRBNY and the U.S. Treasury.                                                          




8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Jul 24, 2013   Wednesday    Wednesday  
                                                        consolidation                Jul 17, 2013 Jul 25, 2012 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,973   -        5   -      137  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     3,499,482   +   34,794   +  758,563  
    Securities held outright (1)                                          3,297,452   +   34,722   +  701,629  
      U.S. Treasury securities                                            1,970,003   +    8,332   +  318,571  
        Bills (2)                                                                 0            0   -    5,938  
        Notes and bonds, nominal (2)                                      1,872,698   +    8,293   +  306,183  
        Notes and bonds, inflation-indexed (2)                               84,406            0   +   15,320  
        Inflation compensation (3)                                           12,899   +       39   +    3,005  
      Federal agency debt securities (2)                                     66,521            0   -   24,508  
      Mortgage-backed securities (4)                                      1,260,928   +   26,391   +  407,566  
    Unamortized premiums on securities held outright  
    (5)                                                                     204,717   +      209   +   61,272  
    Unamortized discounts on securities held outright 
    (5)                                                                      -3,031   -      118   -      988  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       344   -       21   -    3,349  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,414            0   -      667  
  Net portfolio holdings of Maiden Lane II LLC (8)                               64            0   +        3  
  Net portfolio holdings of Maiden Lane III LLC (9)                              22            0   -    7,133  
  Net portfolio holdings of TALF LLC (10)                                       268            0   -      580  
  Items in process of collection                                   (0)           91   -       19   -       56  
  Bank premises                                                               2,296   +        2   -       64  
  Central bank liquidity swaps (11)                                           1,480   +        1   -   25,752  
  Foreign currency denominated assets (12)                                   23,623   +       99   -    1,322  
  Other assets (13)                                                          27,624   +    1,841   +    4,963  
                                                                                                               
Total assets                                                       (0)    3,574,574   +   36,713   +  727,817  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Jul 24, 2013   Wednesday    Wednesday  
                                                        consolidation                Jul 17, 2013 Jul 25, 2012 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,151,986   -      605   +   82,273 
  Reverse repurchase agreements (14)                                          85,555   -    2,964   -    1,946 
  Deposits                                                          (0)    2,272,721   +   40,112   +  650,577 
    Term deposits held by depository institutions                             11,913   +   11,913   +    8,873 
    Other deposits held by depository institutions                         2,099,329   -   41,108   +  531,462 
    U.S. Treasury, General Account                                            50,966   -   16,199   +   12,708 
    Foreign official                                                          10,410   +      466   +    7,845 
    Other                                                           (0)      100,102   +   85,038   +   89,688 
  Deferred availability cash items                                  (0)          863   +       20   +       65 
  Other liabilities and accrued dividends (15)                                 8,417   +      148   -    3,505 
                                                                                                               
Total liabilities                                                   (0)    3,519,542   +   36,712   +  727,464 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             27,516            0   +      177 
  Surplus                                                                     27,516            0   +      177 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 55,032   +        1   +      354 

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. Current face value of the securities, which      
    is the remaining principal balance of the underlying mortgages.                                     
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 9.                                    
8.  Refer to table 5 and the note on consolidation accompanying table 9.                                    
9.  Refer to table 6 and the note on consolidation accompanying table 9.                                    
10. Refer to table 7 and the note on consolidation accompanying table 9.                                    
11. 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.     
12. Revalued daily at current foreign currency exchange rates.                                              
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC      
    to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
    only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on      
    consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
    to U.S. Treasury.                                                                                   

 



9. Statement of Condition of Each Federal Reserve Bank, July 24, 2013
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         391       3,925          397         512         856       1,421         792         310         190         309         728       1,206
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,973          32          84          121         137         335         196         288          29          48         160         197         345
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 3,499,482      91,499   1,940,631      101,385      89,364     217,579     232,466     189,109      56,322      33,234      66,217     135,889     345,787
    Securities held outright (1)               3,297,452      86,225   1,828,572       95,541      84,214     205,038     219,045     178,183      53,057      31,290      62,384     128,048     325,854
      U.S. Treasury securities                 1,970,003      51,514   1,092,448       57,079      50,312     122,496     130,865     106,452      31,698      18,694      37,270      76,500     194,676
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    1,970,003      51,514   1,092,448       57,079      50,312     122,496     130,865     106,452      31,698      18,694      37,270      76,500     194,676
      Federal agency debt securities (2)          66,521       1,739      36,889        1,927       1,699       4,136       4,419       3,595       1,070         631       1,259       2,583       6,574
      Mortgage-backed securities (4)           1,260,928      32,972     699,236       36,534      32,203      78,406      83,762      68,136      20,289      11,965      23,855      48,965     124,605
    Unamortized premiums on securities held 
      outright (5)                               204,717       5,353     113,524        5,932       5,228      12,729      13,599      11,062       3,294       1,943       3,873       7,950      20,230
    Unamortized discounts on securities     
      held outright (5)                           -3,031         -79      -1,681          -88         -77        -188        -201        -164         -49         -29         -57        -118        -300
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            344           0         215            0           0           0          22          28          20          30          18           8           2
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,414           0       1,414            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (8)                                  64           0          64            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (9)                                 22           0          22            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)            268           0         268            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      91           0           0            0           0           0          86           0           0           5           0           0           0
  Bank premises                                    2,296         120         429           72         113         230         212         202         128         101         250         234         206
  Central bank liquidity swaps (11)                1,480          73         473          114         115         311          84          42          12           6          15          23         210
  Foreign currency denominated assets (12)        23,623       1,161       7,554        1,827       1,842       4,960       1,346         674         197          99         239         375       3,350
  Other assets (13)                               27,624         759      14,867          810         720       1,905       1,848       1,483         485         325         546       1,176       2,700
  Interdistrict settlement account                     0  -   28,074  +  308,511   -   29,681  -   22,217  -   41,621  -   45,839  -   50,001  -   15,231  -   14,133  -   22,697  -   37,715  -    1,302
                                                                                                                                                                                                         
Total assets                                   3,574,574      66,157   2,280,061       75,257      70,824     184,967     192,473     143,012      42,404      19,964      45,192     101,189     353,076

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, July 24, 2013 (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            1,473,451      46,664     551,884      45,993      61,387     111,627     181,478      96,007      37,078      23,420      39,638     113,502     164,775
    Less: Notes held by F.R. Banks               321,465      13,252      92,809       8,640      10,110      13,954      34,882      21,319       4,780      10,890      13,239      60,468      37,121
      Federal Reserve notes, net               1,151,986      33,412     459,075      37,353      51,277      97,673     146,596      74,687      32,297      12,530      26,399      53,034     127,653
  Reverse repurchase agreements (14)              85,555       2,237      47,444       2,479       2,185       5,320       5,683       4,623       1,377         812       1,619       3,322       8,455
  Deposits                                     2,272,721      27,715   1,750,716      30,982      12,799      69,901      35,900      61,828       8,101       6,048      16,463      43,647     208,621
    Term deposits held by depository        
        institutions                              11,913           5       8,010         800           0       1,045         700         128           0          70         150           5       1,000
    Other deposits held by depository       
        institutions                           2,099,329      27,707   1,581,395      30,147      12,796      68,799      35,188      61,664       8,101       5,978      16,311      43,639     207,605
    U.S. Treasury, General Account                50,966           0      50,966           0           0           0           0           0           0           0           0           0           0
    Foreign official                              10,410           2      10,383           3           3           8           2           1           0           0           0           1           6
    Other                                        100,102           0      99,962          32           0          49          10          35           0           0           1           2          10
  Deferred availability cash items                   863           0           0           0           0           0         666           0           0         197           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         1,486          33         847          25          32          79         105          89          26          16          32          63         140
  Other liabilities and accrued             
     dividends (16)                                6,931         161       4,432         192         184         463         330         273         138         129         118         202         309
                                                                                                                                                                                                        
Total liabilities                              3,519,542      63,559   2,262,513      71,031      66,478     173,435     189,280     141,501      41,939      19,731      44,630     100,268     345,177
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 27,516       1,299       8,774       2,113       2,173       5,766       1,597         756         232         117         281         460       3,950
  Surplus                                         27,516       1,299       8,774       2,113       2,173       5,766       1,597         756         232         117         281         460       3,950
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  3,574,574      66,157   2,280,061      75,257      70,824     184,967     192,473     143,012      42,404      19,964      45,192     101,189     353,076

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, July 24, 2013 (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. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.                                      
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 table 5 and the note on consolidation below.                                                                                                                                                   
9.  Refer to table 6 and the note on consolidation below.                                                                                                                                                   
10. Refer to table 7 and the note on consolidation below.                                                                                                                                                   
11. 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.                                                                                                 
12. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
15. 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.                                                                                                                                                   
16. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have         
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.                                                                        


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has 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, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase
multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a
loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American
International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities
received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.                                        

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any
residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the
FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net
assets of the LLCs appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to
the portfolio holdings of the LLCs, are included in other liabilities in this table (and table 1 and table 8).

                                                                            



10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Jul 24, 2013  

Federal Reserve notes outstanding                                                            1,473,451  
  Less: Notes held by F.R. Banks not subject to collateralization                              321,465  
    Federal Reserve notes to be collateralized                                               1,151,986  
Collateral held against Federal Reserve notes                                                1,151,986  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,135,749  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       3,297,452  
  Less: Face value of securities under reverse repurchase agreements                            76,558  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,220,895  

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.