FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                  August 11, 2016


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  Aug 10, 2016 
Federal Reserve Banks                                     Aug 10, 2016  Aug 3, 2016 Aug 12, 2015              

Reserve Bank credit                                         4,427,881   +    1,779   -   22,253    4,428,820  
  Securities held outright (1)                              4,226,519   +       94   -    5,106    4,226,556  
    U.S. Treasury securities                                2,462,922   +       92   +    1,261    2,462,956  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,342,204            0   -    4,437    2,342,204  
      Notes and bonds, inflation-indexed (2)                  103,596            0   +    5,062      103,596  
      Inflation compensation (3)                               17,122   +       92   +      636       17,156  
    Federal agency debt securities (2)                         22,492            0   -   12,601       22,492  
    Mortgage-backed securities (4)                          1,741,104   +        2   +    6,233    1,741,109  
  Unamortized premiums on securities held outright (5)        179,003   -      331   -   17,108      178,885  
  Unamortized discounts on securities held outright (5)       -15,711   +       21   +    1,628      -15,699  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           192   -       11   -       20          200  
    Primary credit                                                  5   -       13   -        3            1  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               187   +        2   -       17          199  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,705   +        1   +        3        1,707  
  Float                                                          -337   +      380   -      291         -305  
  Central bank liquidity swaps (8)                                575   -      355   +      346          575  
  Other Federal Reserve assets (9)                             35,935   +    1,982   -    1,707       36,900  
Foreign currency denominated assets (10)                       21,319   -       32   +    1,791       21,432  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             48,011   +       14   +      859       48,011  
                                                                                                              
Total factors supplying reserve funds                       4,513,452   +    1,762   -   19,604    4,514,504  

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  Aug 10, 2016 
Federal Reserve Banks                                     Aug 10, 2016  Aug 3, 2016 Aug 12, 2015              

Currency in circulation (11)                                 1,464,633   +    1,791   +   89,475    1,465,369 
Reverse repurchase agreements (12)                             303,538   -   23,859   +   59,351      321,071 
  Foreign official and international accounts                  242,588   +      658   +   80,268      240,897 
  Others                                                        60,950   -   24,517   -   20,918       80,174 
Treasury cash holdings                                             106   +       28   -       35          111 
Deposits with F.R. Banks, other than reserve balances          301,750   -   39,030   +   13,430      298,071 
  Term deposits held by depository institutions                      0            0   -   66,066            0 
  U.S. Treasury, General Account                               259,832   -   38,981   +   63,509      252,095 
  Foreign official                                               5,204   +        7   -       40        5,196 
  Other (13)                                                    36,713   -       57   +   16,026       40,780 
Other liabilities and capital (14)                              48,199   +      366   -   18,093       47,102 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,118,226   -   60,704   +  144,128    2,131,724 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,395,226   +   62,465   -  163,731    2,382,780 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
14. Includes the liability for earnings remittances due to the U.S. Treasury.                               
                                                                                                            



Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Aug 10, 2016 
                                                          Aug 10, 2016  Aug 3, 2016 Aug 12, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,200,480   -   18,674   -  161,129    3,194,960 
  Marketable U.S. Treasury securities (1)                    2,877,121   -   18,917   -  144,344    2,871,413 
  Federal agency debt and mortgage-backed securities (2)       264,868   +        3   -   30,766      264,764 
  Other securities (3)                                          58,491   +      240   +   13,981       58,783 
Securities lent to dealers                                      22,245   -      687   +    9,711       20,472 
  Overnight facility (4)                                        22,245   -      687   +    9,711       20,472 
    U.S. Treasury securities                                    22,232   -      681   +    9,757       20,461 
    Federal agency debt securities                                  13   -        6   -       46           11 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           






2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, August 10, 2016     

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                                           48           152             0             0             0           ...           200 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                   6,351        20,332       152,993     1,190,634       454,289       638,357     2,462,956 
  Weekly changes                                 0             0    +        4    +       14    +       16    +       56    +       91 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         3,999        10,396         5,750             0         2,347        22,492 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0         1,198         9,989     1,729,922     1,741,109 
  Weekly changes                                 0             0             0             0    +        1    +        5    +        5 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               575             0             0             0             0             0           575 
                                                                                                                                       
Reverse repurchase agreements (4)          321,071             0           ...           ...           ...           ...       321,071 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Aug 10, 2016  

Mortgage-backed securities held outright (1)                                                                             1,741,109  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           49,291  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    3  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
2.  Current face value. Generally settle within 180 days and include commitments associated with            
    outright transactions, dollar rolls, and coupon swaps.                                              
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Aug 10, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,707  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                    0  



1.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued
    quarterly. This table reflects valuations as of June 30, 2016. Any assets purchased after this valuation
    date are initially recorded at cost until their estimated fair value as of the purchase date becomes
    available.                                                                                          
2.  Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's            
    statement of condition consistent with consolidation under generally accepted accounting principles. Refer
    to the note on consolidation accompanying table 6.                                                  
3.  Book value. The fair value of these obligations is included in other liabilities and capital in         
    table 1 and in other liabilities and accrued dividends in table 5 and table 6.                      


Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to
acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit
extended and to minimize disruption to financial markets. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Aug 10, 2016   Wednesday    Wednesday  
                                                        consolidation                 Aug 3, 2016 Aug 12, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,912   +       12   +       23  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,389,943   -      178   -   20,626  
    Securities held outright (1)                                          4,226,556   +       95   -    5,115  
      U.S. Treasury securities                                            2,462,956   +       91   +    1,262  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,342,204            0   -    4,437  
        Notes and bonds, inflation-indexed (2)                              103,596            0   +    5,062  
        Inflation compensation (3)                                           17,156   +       91   +      637  
      Federal agency debt securities (2)                                     22,492            0   -   12,601  
      Mortgage-backed securities (4)                                      1,741,109   +        5   +    6,225  
    Unamortized premiums on securities held outright  
    (5)                                                                     178,885   -      320   -   17,103  
    Unamortized discounts on securities held outright 
    (5)                                                                     -15,699   +       31   +    1,629  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       200   +       14   -       38  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,707   +        2   +        5  
  Items in process of collection                                   (0)          225   +       15   +       20  
  Bank premises                                                               2,210            0   -       25  
  Central bank liquidity swaps (8)                                              575   -      355   +      346  
  Foreign currency denominated assets (9)                                    21,432   +        6   +    1,660  
  Other assets (10)                                                          34,689   +    2,635   -    1,723  
                                                                                                               
Total assets                                                       (0)    4,468,929   +    2,136   -   20,321  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Aug 10, 2016   Wednesday    Wednesday  
                                                        consolidation                 Aug 3, 2016 Aug 12, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,419,376   +      442   +   87,590 
  Reverse repurchase agreements (11)                                         321,071   +    9,817   +   92,875 
  Deposits                                                          (0)    2,680,851   -    7,878   -  181,967 
    Term deposits held by depository institutions                                  0            0   -   66,066 
    Other deposits held by depository institutions                         2,382,780   -   20,284   -  173,010 
    U.S. Treasury, General Account                                           252,095   +    6,413   +   44,106 
    Foreign official                                                           5,196   -        1   -       48 
    Other (12)                                                      (0)       40,780   +    5,993   +   13,050 
  Deferred availability cash items                                  (0)          529   +       69   +       71 
  Other liabilities and accrued dividends (13)                                 6,982   -      325   -      824 
                                                                                                               
Total liabilities                                                   (0)    4,428,809   +    2,124   -    2,255 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,120   +       12   +    1,027 
  Surplus                                                                     10,000            0   -   19,093 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,120   +       12   -   18,066 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Revalued daily at current foreign currency exchange rates.                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
13. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, August 10, 2016
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         355       3,588          359         586         760       1,541         753         360         193         296         875       1,371
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,912          42          72          150         138         305         190         279          31          58         134         194         318
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,389,943     107,835   2,498,058      119,191     131,465     268,273     245,693     174,932      55,464      32,459      61,105     156,258     539,209
    Securities held outright (1)               4,226,556     103,826   2,405,194      114,760     126,578     258,301     236,557     168,407      53,343      31,161      58,823     150,443     519,164
      U.S. Treasury securities                 2,462,956      60,503   1,401,587       66,875      73,761     150,520     137,850      98,136      31,084      18,158      34,278      87,668     302,534
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,462,956      60,503   1,401,587       66,875      73,761     150,520     137,850      98,136      31,084      18,158      34,278      87,668     302,534
      Federal agency debt securities (2)          22,492         553      12,799          611         674       1,375       1,259         896         284         166         313         801       2,763
      Mortgage-backed securities (4)           1,741,109      42,771     990,808       47,275      52,143     106,406      97,448      69,374      21,974      12,836      24,232      61,974     213,867
    Unamortized premiums on securities held 
      outright (5)                               178,885       4,394     101,798        4,857       5,357      10,932      10,012       7,128       2,258       1,319       2,490       6,367      21,973
    Unamortized discounts on securities     
      held outright (5)                          -15,699        -386      -8,934         -426        -470        -959        -879        -626        -198        -116        -218        -559      -1,928
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            200           0           0            0           0           0           3          23          62          96          11           6           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,707           0       1,707            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     225           0           0            0           0           0         223           0           0           1           0           0           0
  Bank premises                                    2,210         119         430           73         105         206         208         201         115          90         240         225         197
  Central bank liquidity swaps (8)                   575          25         190           32          44         128          32          15           6           2           6           7          87
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   21,432         947       7,073        1,179       1,632       4,779       1,190         574         220          92         214         272       3,260
  Other assets (10)                               34,689         889      19,247          948       1,045       2,295       1,963       1,398         531         283         537       1,284       4,270
  Interdistrict settlement account                     0  -   21,785  -   22,782   -   17,750  +    1,374  -   10,709  +    6,797  -    2,066  +    1,171  +      252  -      878  +   14,265  +   52,111
                                                                                                                                                                                                         
Total assets                                   4,468,929      88,624   2,509,400      104,392     136,627     266,450     258,490     176,510      58,048      33,520      61,806     173,662     601,398

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, August 10, 2016 (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            1,605,013      49,997     522,649      50,085      81,875     112,422     221,544     105,727      50,266      27,708      41,266     133,470     208,005
    Less: Notes held by F.R. Banks               185,637       5,880      58,209       6,157       9,066      13,276      27,938      11,762       5,110       2,796       5,058      15,459      24,926
      Federal Reserve notes, net               1,419,376      44,117     464,440      43,929      72,808      99,146     193,606      93,965      45,156      24,912      36,209     118,011     183,080
  Reverse repurchase agreements (11)             321,071       7,887     182,711       8,718       9,616      19,622      17,970      12,793       4,052       2,367       4,468      11,428      39,438
  Deposits                                     2,680,851      34,678   1,845,466      49,339      50,920     138,277      44,009      67,933       8,248       5,650      20,589      43,436     372,307
    Term deposits held by depository        
        institutions                                   0           0           0           0           0           0           0           0           0           0           0           0           0
    Other deposits held by depository       
        institutions                           2,382,780      34,671   1,554,565      49,335      50,917     138,183      44,000      60,900       8,239       5,650      20,587      43,434     372,299
    U.S. Treasury, General Account               252,095           0     252,095           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,196           2       5,170           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    40,780           5      33,637           1           0          85           7       7,032           8           0           1           1           3
  Deferred availability cash items                   529           0           0           0           0           0         259           0           0         270           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 2,080          52       1,184          56          62         121         125          87          25          14          28          77         248
  Other liabilities and accrued             
     dividends                                     4,902         143       2,446         181         184         475         305         239         136         136         120         203         333
                                                                                                                                                                                                        
Total liabilities                              4,428,809      86,877   2,496,247     102,223     133,590     257,641     256,273     175,018      57,616      33,350      61,413     173,154     595,407
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,120       1,305       9,855       1,619       2,276       6,579       1,662       1,225         329         128         293         381       4,470
  Surplus                                         10,000         442       3,299         550         762       2,230         555         268         103          43         100         127       1,521
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,468,929      88,624   2,509,400     104,392     136,627     266,450     258,490     176,510      58,048      33,520      61,806     173,662     601,398

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, August 10, 2016 (continued)


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.                                                                                                 
2.  Face value of the securities.                                                                                                                                                                           
3.  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.                               
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
9.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities. Also includes certain         
    deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.                                                   
13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after          
    providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $10 billion surplus.                                                                            
                                                                                                                                                                                                            


Note on consolidation:


On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to
acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the
remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual
returns and could have absorbed any residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the
assets and liabilities of FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was
eliminated, the net assets of ML appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only
to the ML portfolio holdings, were included in other liabilities in this table (and table 1 and table 5).

                                                                                 



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Aug 10, 2016  

Federal Reserve notes outstanding                                                            1,605,013  
  Less: Notes held by F.R. Banks not subject to collateralization                              185,637  
    Federal Reserve notes to be collateralized                                               1,419,376  
Collateral held against Federal Reserve notes                                                1,419,376  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,403,140  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,226,556  
  Less: Face value of securities under reverse repurchase agreements                           296,569  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,929,988  

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.