FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                         September 17, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Sep 16, 2009  Sep 9, 2009 Sep 17, 2008 Sep 16, 2009

Reserve Bank credit                                       2,088,554   +   18,966   +1,155,924    2,125,180
  Securities held outright (1)                            1,532,747   +   31,378   +1,052,929    1,570,018       
    U.S. Treasury securities                                758,053   +    4,518   +  278,235      759,803
      Bills (2)                                              18,423            0   -    3,317       18,423
      Notes and bonds, nominal (2)                          689,318   +    4,536   +  277,587      691,074
      Notes and bonds, inflation-indexed (2)                 44,588            0   +    4,756       44,588
      Inflation compensation (3)                              5,725   -       17   -      790        5,718
    Federal agency debt securities (2)                      123,992   +    1,416   +  123,992      125,159
    Mortgage-backed securities (4)                          650,702   +   25,445   +  650,702      685,056
  Repurchase agreements (5)                                       0            0   -  124,500            0
  Term auction credit                                       196,020   -   16,090   +   46,020      196,020  
  Other loans                                               111,490   +    4,337   +   63,521      111,879
    Primary credit                                           28,681   -    1,693   +    7,083       28,199
    Secondary credit                                            561   -       20   +      553          558
    Seasonal credit                                             113   +        6   +       17          118
    Primary dealer and other broker-dealer credit (6)             0            0   -   20,268            0
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                             79            0   +       79           79
    Credit extended to American International
      Group, Inc., net (7)                                   39,428   +      537   +   33,428       39,371
    Term Asset-Backed Securities Loan Facility               42,629   +    5,508   +   42,629       43,555
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (8)                                 44,779   -    2,360   +   44,779       42,974
  Net portfolio holdings of LLCs funded through
    the Money Market Investor Funding Facility (9)                0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (10)             26,114   +       31   -    3,219       26,146
  Net portfolio holdings of Maiden Lane II LLC (11)          14,639   -       41   +   14,639       14,649
  Net portfolio holdings of Maiden Lane III LLC (12)         20,516   +       86   +   20,516       20,545
  Float                                                      -2,057   -      162   -      987       -2,358
  Central bank liquidity swaps (13)                          61,101   -      506   -      899       61,101
  Other Federal Reserve assets (14)                          83,205   +    2,294   +   43,126       84,207
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (15)                           42,469   -       82   +    3,794       42,449
       
Total factors supplying reserve funds                     2,144,264   +   18,884   +1,159,718    2,180,871

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
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Sep 16, 2009  Sep 9, 2009 Sep 17, 2008 Sep 16, 2009

Currency in circulation (15)                                914,350   -    1,568   +   82,049      914,179
Reverse repurchase agreements (16)                           66,951   +      425   +   21,208       68,934
  Foreign official and international accounts                66,951   +      425   +   21,208       68,934
  Dealers                                                         0            0            0            0
Treasury cash holdings                                          266   +       10   -        1          277
Deposits with F.R. Banks, other than reserve balances       234,973   +   11,203   +  220,607      278,897       
  U.S. Treasury, general account                             25,346   +    8,548   +   20,405       72,399
  U.S. Treasury, supplementary financing account            199,932            0   +  199,932      199,932
  Foreign official                                            2,358   -      156   +    2,190        2,369
  Service-related                                             3,866   -      211   -    3,494        3,866
    Required clearing balances                                3,866   -      211   -    3,494        3,866
    Adjustments to compensate for float                           0            0            0            0
  Other                                                       3,470   +    3,022   +    1,573          330
Other liabilities and capital (17)                           60,096   +      644   +   15,227       59,601

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,276,635   +   10,713   +  339,089    1,321,887

Reserve balances with Federal Reserve Banks                 867,629   +    8,171   +  820,629      858,984
                                                                
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Cash value of agreements.
6. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain
   other broker-dealers.
7. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and 
   allowance for loan restructuring.  Excludes credit extended to consolidated LLCs.
8. Refer to table 7 and the note on consolidation accompanying table 10.
9. Refer to table 8 and the note on consolidation accompanying table 10.
10. Refer to table 4 and the note on consolidation accompanying table 10.
11. Refer to table 5 and the note on consolidation accompanying table 10.
12. Refer to table 6 and the note on consolidation accompanying table 10.
13. 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.
14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities.
17. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III 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 8 and the note on consolidation accompanying table 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


1A. Memorandum Items 
Millions of dollars
                                                                   Averages of daily figures
Memorandum item                                           Week ended   Change from week ended     Wednesday
                                                         Sep 16, 2009  Sep 9, 2009 Sep 17, 2008 Sep 16, 2009

Marketable securities held in custody for foreign
      official and international accounts (1)             2,842,801   +   15,002   +  433,946    2,852,457
  U.S. Treasury securities                                2,068,794   +   18,744   +  619,181    2,080,631
  Federal agency securities (2)                             774,007   -    3,742   -  185,235      771,826
Securities lent to dealers                                    9,883   -    2,152   -  115,791       10,420   
  Overnight facility (3)                                      9,883   -    2,152   +    1,479       10,420
    U.S. Treasury securities                                  9,649   -    2,163   +    1,245       10,166
    Federal agency debt securities                              234   +       11   +      234          254
  Term facility (4)                                               0            0   -  117,270            0

Note: Components may not sum to totals because of rounding.

1. Face value of the securities.  Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed 
   securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities. 






2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, September 16, 2009
Millions of dollars

Remaining maturity                 Within 15  16 days to  91 days to  Over 1 year  Over 5 years  Over 10       All
                                      days     90 days      1 year     to 5 years   to 10 years   years 
Term auction credit                   73,404     122,616         ---          ---           ---        ---     196,020
Other loans (1)                       21,923       7,030            0      82,926             0        ---     111,879
U.S. Treasury securities (2) 
  Holdings                            14,121      23,767       58,477     317,171       206,079    140,188     759,803
  Weekly changes                  -      668  +      918   +      433  -      757    +       38 +    2,067  +    2,031
Federal agency debt securities (3) 
  Holdings                                 0          30       17,583      79,367        26,162      2,017     125,159
  Weekly changes                  -      750  +       30   +    1,953  -      109    +      919          0  +    2,043
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    685,056     685,056
  Weekly changes                           0           0            0           0             0 +   59,778  +   59,778
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                     1,716      36,815            0         ---           ---        ---      38,531
Money market instruments held by
  LLCs funded through the Money
  Market Investor Funding
  Facility (6)                             0           0            0         ---           ---        ---           0
Repurchase agreements (7)                  0           0          ---         ---           ---        ---           0
Central bank liquidity swaps (8)      47,419      13,682            0           0             0          0      61,101

Reverse repurchase agreements (7)     68,934           0          ---         ---           ---        ---      68,934
  
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 Commercial Paper Funding Facility LLC, the 
   LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden 
   Lane III 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 commercial paper held by Commercial Paper Funding Facility LLC.
6. Face value of money market instruments held by LLCs funded through the Money Market Investor Funding Facility.
7. Cash value of agreements.
8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign 
   currency is returned to the foreign central bank.  This exchange rate equals the market exchange rate used when the 
   foreign currency was acquired from the foreign central bank.


3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Sep 16, 2009

Mortgage-backed securities held outright (1)                                                       685,056

Commitments to buy mortgage-backed securities (2)                                                  149,775
Commitments to sell mortgage-backed securities (2)                                                   3,370

Cash and cash equivalents (3)                                                                          194

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 as well as dollar rolls.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.


4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Sep 16, 2009
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       26,146

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           28,820
Accrued interest payable to the Federal Reserve Bank of New York (2)                                   371
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,230
 
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, 2009.  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 10.
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 9 and table 10.

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
                                                                                                   Wednesday
Account name                                                                                     Sep 16, 2009

Net portfolio holdings of Maiden Lane II LLC (1)                                                     14,649

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            16,587
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    207
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,027

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, 2009.  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 10.
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 9 and table 10.

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
                                                                                                   Wednesday
Account name                                                                                     Sep 16, 2009

Net portfolio holdings of Maiden Lane III LLC (1)                                                    20,545

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            19,574
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    272
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,144

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, 2009.  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 10.
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 9 and table 10.

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 Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Sep 16, 2009

Commercial paper holdings, net (1)                                                                   38,397
Other investments, net                                                                                4,577
Net portfolio holdings of Commercial Paper Funding Facility LLC                                      42,974

Memorandum: Commercial paper holdings, face value                                                    38,531

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            38,278
Accrued interest payable to the Federal Reserve Bank of New York (2)                                     13

1. Book value, which includes amortized cost and related fees.
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 10.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of 
section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC.  This LLC is a limited 
liability company formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers 
and thereby foster liquidity in short-term funding markets and increase the availability of credit for 
businesses and households.


8. Information on Principal Accounts of LLCs Funded through the Money Market Investor Funding Facility 
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Sep 16, 2009

Money market instrument holdings, net (1)                                                                 0
Other investments, net                                                                                    0
Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility                  0

Memorandum: Money market instrument holdings, face value                                                  0

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
Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility, 
  net of related discounts                                                                                0

1. Book value, which includes amortized cost.
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 10.

Note:  The Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the 
authority of section 13(3) of the Federal Reserve Act to a series of limited liability companies funded through 
the Money Market Investor Funding Facility (MMIFF).  The MMIFF became operational on November 24, 2008.  These 
limited liability companies were established to purchase short-term U.S. dollar-denominated certificates of 
deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers.  Such purchases are 
designed to foster liquidity in short-term money markets.


9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Sep 16, 2009      Sep 9, 2009     Sep 17, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          2,200                0                0
Coin                                                                1,937       +       17       +      469
Securities, repurchase agreements, term auction
      credit, and other loans                                   1,877,917       +   53,212       +1,028,784
  Securities held outright (1)                                  1,570,018       +   63,852       +1,090,179
    U.S. Treasury securities                                      759,803       +    2,031       +  279,964       
      Bills (2)                                                    18,423                0       -    3,317
      Notes and bonds, nominal (2)                                691,074       +    2,049       +  279,343
      Notes and bonds, inflation-indexed (2)                       44,588                0       +    4,756
      Inflation compensation (3)                                    5,718       -       19       -      818
    Federal agency debt securities (2)                            125,159       +    2,043       +  125,159
    Mortgage-backed securities (4)                                685,056       +   59,778       +  685,056
  Repurchase agreements (5)                                             0                0       -   98,000    
  Term auction credit                                             196,020       -   16,090       +   46,020
  Other loans                                                     111,879       +    5,450       -    9,415
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                         42,974       -    2,693       +   42,974
Net portfolio holdings of LLCs funded through
  the Money Market Investor Funding Facility (7)                        0                0                0
Net portfolio holdings of Maiden Lane LLC (8)                      26,146       +       37       -    3,221
Net portfolio holdings of Maiden Lane II LLC (9)                   14,649       +       12       +   14,649
Net portfolio holdings of 
  Maiden Lane III LLC (10)                                         20,545       +       34       +   20,545
Items in process of collection                         (471)          213       -      386       -      695
Bank premises                                                       2,218       +        2       +       50
Central bank liquidity swaps (11)                                  61,101       -      506       -      899
Other assets (12)                                                  81,966       +    2,186       +   43,722
     
      Total assets                                     (471)    2,142,903       +   51,914       +1,146,378

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Sep 16, 2009      Sep 9, 2009     Sep 17, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  873,940       -    2,739       +   77,846
Reverse repurchase agreements (13)                                 68,934       +    3,060       +   22,301
Deposits                                                 (0)    1,137,858       +   52,113       +1,031,813       
  Depository institutions                                         862,827       -   15,168       +  773,725
  U.S. Treasury, general account                                   72,399       +   67,899       +   66,887
  U.S. Treasury, supplementary financing account                  199,932                0       +  199,932
  Foreign official                                                  2,369       -      335       +    2,267
  Other                                                  (0)          330       -      283       -   11,000
Deferred availability cash items                       (471)        2,571       -      912       -       43
Other liabilities and accrued dividends (14)                        8,321       +      141       +    4,517

      Total liabilities                                (471)    2,091,623       +   51,662       +1,136,433
                          
Capital accounts
Capital paid in                                                    24,875       +       92       +    4,664
Surplus                                                            21,356       +        8       +    2,840
Other capital accounts                                              5,049       +      152       +    2,441

      Total capital                                                51,280       +      252       +    9,945

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation accompanying table 10.
7. Refer to table 8 and the note on consolidation accompanying table 10.
8. Refer to table 4 and the note on consolidation accompanying table 10.
9. Refer to table 5 and the note on consolidation accompanying table 10.
10. Refer to table 6 and the note on consolidation accompanying table 10.
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. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III 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 8 and the note on consolidation accompanying table 10. 


10. Statement of Condition of Each Federal Reserve Bank, September 16, 2009
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,037        412      3,895        450        467        882      1,356        911        329        197        335        621      1,182
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,937         60         73        161        147        261        239        243         36         60        133        210        314
Securities, repurchase agreements, term
      auction credit, and other loans      1,877,917     37,922    882,152     31,797     65,991     58,739    190,628    174,235     63,526     26,514     72,660     76,051    197,702
  Securities held outright (1)             1,570,018     30,118    613,681     24,357     62,028     56,579    189,165    169,893     61,507     25,992     70,869     75,913    189,914
    U.S. Treasury securities                 759,803     14,575    296,988     11,788     30,018     27,381     91,546     82,219     29,766     12,579     34,297     36,738     91,908
      Bills (2)                               18,423        353      7,201        286        728        664      2,220      1,994        722        305        832        891      2,228
      Notes and bonds (3)                    741,380     14,222    289,787     11,502     29,290     26,717     89,326     80,225     29,044     12,274     33,465     35,847     89,680
    Federal agency debt securities (2)       125,159      2,401     48,922      1,942      4,945      4,510     15,080     13,544      4,903      2,072      5,650      6,052     15,140
    Mortgage-backed securities (4)           685,056     13,141    267,771     10,628     27,065     24,687     82,540     74,130     26,838     11,341     30,923     33,123     82,867
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                        196,020      7,567    159,332      7,364      3,963      1,970      1,190      3,303      1,958        369      1,778        126      7,102     
  Other loans                                111,879        238    109,138         76          0        191        273      1,040         61        153         12         12        686
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)              42,974          0     42,974          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of LLCs funded
  through the Money Market Investor
  Funding Facility (7)                             0          0          0          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden Lane 
  LLC (8)                                     26,146          0     26,146          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (9)                             14,649          0     14,649          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (10)                           20,545          0     20,545          0          0          0          0          0          0          0          0          0          0
Items in process of collection                   684         43          0        116        115         45        -34         50         34         92         74         51         98
Bank premises                                  2,218        121        237         69        146        239        223        206        134        111        269        250        212
Central bank liquidity swaps (11)             61,101      2,512     15,075      6,888      4,618     17,794      4,795      2,093        624        965        619        806      4,311
Other assets (12)                             81,966      2,136     28,901      3,766      4,104      9,503      8,649      6,828      2,440      1,341      2,770      3,037      8,490
Interdistrict settlement account                   0  +  17,633  +  34,378  +  14,468  -  19,035  + 196,110  -  51,831  -  71,106  -  29,729  -   6,704  -  31,107  -  13,778  -  39,299

      Total assets                         2,143,373     60,955  1,069,898     57,798     56,657    283,721    154,192    113,672     37,465     22,606     45,819     67,347    173,244

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank, September 16, 2009 (continued)
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding           1,060,759     35,282    388,136     39,473     44,769     82,489    131,506     85,615     30,912     19,628     28,696     62,929    111,323
  Less: Notes held by F.R. Banks              186,819      4,798     59,202      7,033      8,868     12,123     26,181     13,805      4,442      3,190      3,544     17,023     26,609
    Federal Reserve notes, net                873,940     30,484    328,934     32,440     35,901     70,366    105,325     71,810     26,470     16,438     25,152     45,906     84,714
Reverse repurchase agreements (13)             68,934      1,322     26,944      1,069      2,723      2,484      8,306      7,459      2,701      1,141      3,112      3,333      8,338
Deposits                                    1,137,858     27,027    693,967     18,542     14,078    196,265     36,352     31,949      7,473      3,139     16,643     16,887     75,536
  Depository institutions                     862,827     27,020    419,096     18,538     14,074    196,181     36,349     31,902      7,467      3,139     16,641     16,887     75,533
  U.S. Treasury, general account               72,399          0     72,399          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                         199,932          0    199,932          0          0          0          0          0          0          0          0          0          0
  Foreign official                              2,369          2      2,340          4          3         11          3          1          0          1          0          1          3
  Other                                           330          5        199          0          1         72          0         45          5          0          1          0          1
Deferred availability cash items                3,042         94          0        316        410        108        294        231         70        340        225        349        604
Other liabilities and accrued                 
  dividends (14)                                8,321        156      4,771        179        252        500        581        501        228        138        212        264        537
   
      Total liabilities                     2,092,094     59,084  1,054,616     52,547     53,365    269,724    150,858    111,950     36,941     21,197     45,343     66,739    169,729
                              
Capital                    
Capital paid in                                24,875        921      7,293      2,603      1,613      7,002      1,556        782        237        711        210        273      1,675
Surplus                                        21,356        844      5,885      2,316      1,551      5,982      1,612        704        209        324        207        271      1,450
Other capital                                   5,049        106      2,104        332        128      1,013        167        237         78        374         58         63        390

      Total liabilities and capital         2,143,373     60,955  1,069,898     57,798     56,657    283,721    154,192    113,672     37,465     22,606     45,819     67,347    173,244
                              
Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank, September 16, 2009 (continued)

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation below.
7. Refer to table 8 and the note on consolidation below.
8. Refer to table 4 and the note on consolidation below.
9. Refer to table 5 and the note on consolidation below.
10. Refer to table 6 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. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and  Maiden 
    Lane III 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 8 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 October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding 
Facility LLC, which was formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On October 21, 2008, the Federal Reserve Board authorized the FRBNY 
to extend credit to a series of LLCs funded through the Money Market Investor Funding Facility.  These LLCs, which became operational on November 24, 2008, were established to purchase 
short-term U.S. dollar-denominated certificates of deposit, bank notes, and commercial paper from eligible issuers.  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.

The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC and the primary beneficiary of the other LLCs cited above. 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 9), 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 9).


11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars

Federal Reserve notes and collateral                                                              Wednesday
                                                                                                Sep 16, 2009
              
Federal Reserve notes outstanding                                                                1,060,759
  Less: Notes held by F.R. Banks not subject to collateralization                                  186,819
    Federal Reserve notes to be collateralized                                                     873,940 
Collateral held against Federal Reserve notes                                                      873,940
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         2,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         860,703
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                           1,570,018
  Less: Face value of securities under reverse repurchase agreements                                68,843
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                       1,501,174
   
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 and term securities lending facilities; refer
   to table 1A.