FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                  October 8, 2020


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   Oct 7, 2020 
Federal Reserve Banks                                      Oct 7, 2020 Sep 30, 2020  Oct 9, 2019              

Reserve Bank credit                                         7,019,728   +    3,323   +3,110,403    7,034,915  
  Securities held outright (1)                              6,441,104   +   11,161   +2,851,604    6,454,984  
    U.S. Treasury securities                                4,455,970   +   17,163   +2,336,081    4,469,848  
      Bills (2)                                               326,044            0   +  320,042      326,044  
      Notes and bonds, nominal (2)                          3,800,798   +   15,450   +1,831,176    3,814,590  
      Notes and bonds, inflation-indexed (2)                  288,760   +    1,408   +  168,910      288,760  
      Inflation compensation (3)                               40,368   +      304   +   15,953       40,454  
    Federal agency debt securities (2)                          2,347            0            0        2,347  
    Mortgage-backed securities (4)                          1,982,787   -    6,002   +  515,523    1,982,789  
  Unamortized premiums on securities held outright (5)        333,953   +      749   +  206,063      334,331  
  Unamortized discounts on securities held outright (5)        -4,713   +       23   +    7,874       -4,694  
  Repurchase agreements (6)                                     1,008   +      579   -  178,313        1,059  
    Foreign official                                            1,000   +      571   +    1,000        1,000  
    Others                                                          8   +        8   -  179,313           59  
  Loans                                                        76,238   -    1,261   +   76,161       75,924  
    Primary credit                                              2,889   -      225   +    2,887        2,939  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                33   -        8   -       41           33  
    Primary Dealer Credit Facility                                233            0   +      233          233  
    Money Market Mutual Fund Liquidity Facility                 6,507   -      689   +    6,507        6,292  
    Paycheck Protection Program Liquidity Facility             66,576   -      338   +   66,576       66,426  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Commercial Paper Funding      
    Facility II LLC (7)                                         8,589   +        1   +    8,589        8,590  
  Net portfolio holdings of Corporate Credit Facilities   
  LLC (7)                                                      45,103   +       77   +   45,103       45,164  
  Net portfolio holdings of MS Facilities LLC (Main       
    Street Lending Program) (7)                                39,941   +      422   +   39,941       40,076  
  Net portfolio holdings of Municipal Liquidity           
  Facility LLC (7)                                             16,547   +        1   +   16,547       16,548  
  Net portfolio holdings of TALF II LLC (7)                    11,715   +      199   +   11,715       11,715  
  Float                                                          -219   +      283   -      107         -407  
  Central bank liquidity swaps (8)                             15,838   -    9,561   +   15,799       15,838  
  Other Federal Reserve assets (9)                             34,624   +      649   +    9,427       35,787  
Foreign currency denominated assets (10)                       21,579   +      104   +      928       21,551  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             50,425   +       14   +      424       50,425  
                                                                                                              
Total factors supplying reserve funds                       7,107,973   +    3,441   +3,111,756    7,123,133  

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   Oct 7, 2020 
Federal Reserve Banks                                      Oct 7, 2020 Sep 30, 2020  Oct 9, 2019              

Currency in circulation (11)                                 2,034,914   +    4,983   +  268,619    2,038,364 
Reverse repurchase agreements (12)                             199,220   -    3,302   -   91,116      188,543 
  Foreign official and international accounts                  199,218   -    2,996   -   86,779      188,532 
  Others                                                             2   -      306   -    4,336           11 
Treasury cash holdings                                              25   -       13   -      165           25 
Deposits with F.R. Banks, other than reserve balances        1,869,950   -      940   +1,482,482    1,869,371 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                             1,697,074   +   17,922   +1,378,883    1,687,434 
  Foreign official                                              18,892   +       14   +   13,706       18,897 
  Other (13)                                                   153,984   -   18,876   +   89,893      163,039 
Treasury contributions to credit facilities (14)               114,000            0   +  114,000      114,000 
Other liabilities and capital (15)                              49,003   +    1,169   +    3,530       49,473 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  4,267,113   +    1,897   +1,777,350    4,259,776 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,840,860   +    1,544   +1,334,405    2,863,357 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt
    securities, and mortgage-backed securities, amortization is on an effective-interest basis.         
6.  Cash value of agreements.                                                                               
7.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury      
    contributions to the facility. Refer to 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.  Includes bank premises, accrued interest, and other accounts receivable. Also includes net              
    portfolio holdings of Maiden Lane LLC.                                                              
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities                                                          
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, designated financial market utilities, and deposits held by depository
    institutions in joint accounts in connection with their participation in certain private-sector payment
    arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, 
    for services provided by the Reserve Banks as fiscal agents of the United States.                   
14. Book value. Amount of equity investments in Commercial Paper Funding Facility II LLC of $10             
    billion, Corporate Credit Facilities LLC of $37.5 billion, MS Facilities LLC of $37.5 billion, Municipal
    Liquidity Facility LLC of $17.5 billion, and TALF II LLC of $10 billion, and credit protection in the
    Money Market Mutual Fund Liquidity Facility of $1.5 billion.                                        
15. 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   Oct 7, 2020 
                                                           Oct 7, 2020 Sep 30, 2020  Oct 9, 2019              

Securities held in custody for foreign official and       
     international accounts                                  3,410,448   -    1,671   -    8,331    3,414,017 
  Marketable U.S. Treasury securities (1)                    2,979,782   -      550   +    2,799    2,983,047 
  Federal agency debt and mortgage-backed securities (2)       345,393   -      969   -   14,192      345,354 
  Other securities (3)                                          85,274   -      151   +    3,063       85,617 
Securities lent to dealers                                      23,988   -    1,364   -    3,739       28,283 
  Overnight facility (4)                                        23,988   -    1,364   -    3,739       28,283 
    U.S. Treasury securities                                    23,988   -    1,364   -    3,739       28,283 
    Federal agency debt securities                                   0            0            0            0 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           








2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, October 7, 2020
Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans (1)                                    1,465         5,153         2,879        66,426             0           ...        75,924 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                  60,673       281,358       648,353     1,686,755       797,112       995,597     4,469,848 
  Weekly changes                        +    4,567    +   42,964    -   46,446    +   13,219    +    8,244    +    1,824    +   24,371 
Federal agency debt securities (3)                                                                                                     
  Holdings                                       0             0             0             0         1,436           911         2,347 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0             5         2,140        78,238     1,902,405     1,982,789 
  Weekly changes                                 0             0    +        1    +       12    +      819    -      819    +       14 
Commercial paper held by Commercial                                                                                                    
  Paper Funding Facility II LLC (5)             30             0             0           ...           ...           ...            30 
Loan participations held by MS                                                                                                         
  Facilities LLC (Main Street Lending                                                                                                   
  Program) (6)                                   0             0             0         2,553           ...           ...         2,553 
Municipal notes held by Municipal                                                                                                      
  Liquidity Facility LLC (7)                     0             0         1,200           451           ...           ...         1,651 
Loans held by TALF II LLC (8)                    0             0             0         3,127           ...           ...         3,127 
Repurchase agreements (9)                    1,059             0           ...           ...           ...           ...         1,059 
Central bank liquidity swaps (10)           10,719         5,120             0             0             0             0        15,838 
Reverse repurchase agreements (9)          188,543             0           ...           ...           ...           ...       188,543 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Loans includes primary, secondary, and seasonal loans and credit extended through the Primary           
    Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, Paycheck Protection Program Liquidity
    Facility, and other credit extensions. Loans exclude the loans from the Federal Reserve Bank of New 
    York (FRBNY) to Commercial Paper Funding Facility II LLC, Corporate Credit Facilities LLC, Municipal
    Liquidity Facility LLC, and TALF II LLC, and from the Federal Reserve Bank of Boston (FRBB) to MS   
    Facilities LLC, which were eliminated when preparing the FRBNY's and FRBB's statement of condition, 
    respectively, 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. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Book value of commercial paper held by Commercial Paper Funding Facility II LLC.                        
6.  Book value of the loan participations held by the MS Facilities LLC.                                    
7.  Book value of the municipal notes held by the Municipal Liquidity Facility LLC.                         
8.  Book value of the loans held by the TALF II LLC.                                                        
9.  Cash value of agreements.                                                                               
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                       Oct 7, 2020  

Mortgage-backed securities held outright (1)                                                                             1,982,789  
  Residential mortgage-backed securities                                                                                 1,973,276  
  Commercial mortgage-backed securities                                                                                      9,514  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                          172,317  
Commitments to sell mortgage-backed securities (2)                                                                          10,000  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    2  



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. Includes residential and commercial mortgage-backed securities. Residential         
    mortgage-backed securities generally settle within 180 calendar days and include commitments associated
    with outright transactions, dollar rolls, and coupon swaps. Commercial mortgage-backed securities   
    generally settle within three business days.                                                        
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 Credit Facilities LLCs
Millions of dollars
Credit Facilities LLCs:                                                  Wednesday Oct 7, 2020                
                                                                              Net portfolio holdings of       
                                                                               Credit Facilities LLCs         
                                                           Outstanding                                        
                                                            principal   Outstanding                           
                                                             amount      amount of    Treasury                
                                                             of loan     facility   contributions             
                                                           extended to     asset         and                  
                                                           the LLC (1) purchases (2)other assets (3)    Total    

Commercial Paper Funding Facility II LLC                            30           30        8,560        8,590 
Corporate Credit Facilities LLC                                 12,981       13,118       32,046       45,164 
MS Facilities LLC (Main Street Lending Program)                  2,552        2,553       37,523       40,076 
Municipal Liquidity Facility LLC                                 1,651        1,651       14,897       16,548 
TALF II LLC                                                      3,207        3,127        8,588       11,715 

Note: Components may not sum to totals because of rounding.


1.  Book value. This amount was eliminated when preparing the Federal Reserve Banks' statement of           
    condition consistent with consolidation under generally accepted accounting principles. Refer to the note
    on consolidation accompanying table 6. Loans are extended from the Federal Reserve Bank to the LLC  
    upon settlement of the investment activity.                                                         
2.  Outstanding amount of facility asset purchases:                                                         
    a. For the Commercial Paper Funding Facility II LLC includes commercial paper at book value.            
    b. For the Corporate Credit Facilities LLC includes exchange traded-funds at fair value and             
    corporate bonds at book value. Asset balances                                                       
    from trading activity are reported on a one-day lag after the transaction date.                         
    c. For the MS Facilities LLC (Main Street Lending Program) includes loan participations at face         
    value.                                                                                              
    d. For the Municipal Liquidity Facility LLC includes municipal notes at book value. Asset balances      
    from trading activity may be reported on                                                            
    a one-day lag after the transaction date.                                                               
    e. For the TALF II LLC includes loans to holders of eligible asset-backed securities at book value.     
3.  Includes short term receivables, interest and dividend receivables, and other assets of the             
    facility. Also includes the portion of the Treasury contribution to the credit facilities, which is held as
    investments in nonmarketable Treasury securities and the residual portion which is held as cash and 
    cash equivalents at the FRBNY. The amount of cash and cash equivalents held at the FRBNY are        
    eliminated in consolidation and, as result, are excluded from net portfolio holdings in Tables 1, 5, and 6.
    Amounts excluded are initially 15% of Treasury contributions to the credit facilities from the      
    following consolidated LLCs: Commercial Paper Funding Facility II LLC, Corporate Credit Facilities LLC,
    Municipal Liquidity Facility LLC, and TALF II LLC. Refer to the note on consolidation accompanying table
    6.                                                                                                  





5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from        Oct 7, 2020   Wednesday    Wednesday  
                                                        consolidation                Sep 30, 2020  Oct 9, 2019 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,481   +        4   -      219  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     6,861,604   +   22,946   +2,976,317  
    Securities held outright (1)                                          6,454,984   +   24,385   +2,863,879  
      U.S. Treasury securities                                            4,469,848   +   24,371   +2,348,363  
        Bills (2)                                                           326,044            0   +  320,042  
        Notes and bonds, nominal (2)                                      3,814,590   +   24,137   +1,844,624  
        Notes and bonds, inflation-indexed (2)                              288,760            0   +  167,767  
        Inflation compensation (3)                                           40,454   +      234   +   15,930  
      Federal agency debt securities (2)                                      2,347            0            0  
      Mortgage-backed securities (4)                                      1,982,789   +       14   +  515,516  
    Unamortized premiums on securities held outright  
    (5)                                                                     334,331   +      909   +  206,318  
    Unamortized discounts on securities held outright 
    (5)                                                                      -4,694   +       42   +    7,859  
    Repurchase agreements (6)                                                 1,059   +       59   -  177,591  
    Loans (7)                                                                75,924   -    2,449   +   75,852  
  Net portfolio holdings of Commercial Paper          
    Funding Facility II LLC (8)                                               8,590   +        1   +    8,590  
  Net portfolio holdings of Corporate Credit          
  Facilities LLC (8)                                                         45,164   +      122   +   45,164  
  Net portfolio holdings of MS Facilities LLC (Main   
    Street Lending Program) (8)                                              40,076   +      358   +   40,076  
  Net portfolio holdings of Municipal Liquidity       
  Facility LLC (8)                                                           16,548   +        1   +   16,548  
  Net portfolio holdings of TALF II LLC (8)                                  11,715            0   +   11,715  
  Items in process of collection                                   (0)           57   -       15   +        5  
  Bank premises                                                               2,189   -       12   +        3  
  Central bank liquidity swaps (9)                                           15,838   -    8,057   +   15,799  
  Foreign currency denominated assets (10)                                   21,551   -        2   +      932  
  Other assets (11)                                                          33,599   +    3,174   +    9,763  
                                                                                                               
Total assets                                                       (0)    7,074,649   +   18,520   +3,124,694  

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        Oct 7, 2020   Wednesday    Wednesday  
                                                        consolidation                Sep 30, 2020  Oct 9, 2019 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,989,441   +    5,811   +  268,451 
  Reverse repurchase agreements (12)                                         188,543   -   16,690   -  102,566 
  Deposits                                                          (0)    4,732,727   +   28,408   +2,840,386 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,863,357   +  120,111   +1,334,963 
    U.S. Treasury, General Account                                         1,687,434   -   94,245   +1,390,045 
    Foreign official                                                          18,897   -       19   +   13,712 
    Other (13)                                                      (0)      163,039   +    2,562   +  101,666 
  Deferred availability cash items                                  (0)          465   -      937   +      323 
  Treasury contributions to credit facilities (14)                           114,000            0   +  114,000 
  Other liabilities and accrued dividends (15)                                10,254   +    1,926   +    4,204 
                                                                                                               
Total liabilities                                                   (0)    7,035,431   +   18,519   +3,124,798 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             32,394   +        2   -      103 
  Surplus                                                                      6,825            0            0 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 39,219   +        2   -      103 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt
    securities, and mortgage-backed securities, amortization is on an effective-interest basis.         
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Loans includes primary, secondary, and seasonal loans and credit extended through the Primary           
    Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, Paycheck Protection Program Liquidity
    Facility, and other credit extensions.                                                              
8.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury      
    contributions to the facility. Refer to note on consolidation below.                                
9.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
10. Revalued daily at current foreign currency exchange rates.                                              
11. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also includes net portfolio holdings of Maiden Lane LLC.                       
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, designated financial market utilities, and deposits held by depository
    institutions in joint accounts in connection with their participation in certain private-sector payment
    arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, 
    for services provided by the Reserve Banks as fiscal agents of the United States.                   
14. Book value. Amount of equity investments in Commercial Paper Funding Facility II LLC of $10             
    billion, Corporate Credit Facilities LLC of $37.5 billion, MS Facilities LLC of $37.5 billion, Municipal
    Liquidity Facility LLC of $17.5 billion, and TALF II LLC of $10 billion, and credit protection in the
    Money Market Mutual Fund Liquidity Facility of $1.5 billion.                                        
15. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, October 7, 2020
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 certificates and special drawing     
    rights certificates                           16,237         533       5,483          529         761       1,165       2,183       1,137         479         270         450       1,202       2,045
  Coin                                             1,481          27          28          121          84         205         148         247          28          42         101         168         282
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans (1)                             6,861,604     160,686   3,525,664      161,376     214,521     429,563     504,166     382,988     109,102      71,220     113,901     330,005     858,412
  Net portfolio holdings of Commercial      
     Paper Funding Facility II LLC (2)             8,590           0       8,590            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Corporate       
    Credit Facilities LLC (2)                     45,164           0      45,164            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of MS                                                                                                                                                                           
    Facilities LLC (Main Street Lending                                                                                                                                                                  
    Program) (2)                                  40,076      40,076           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Municipal       
    Liquidity Facility LLC (2)                    16,548           0      16,548            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF II LLC (2)       11,715           0      11,715            0           0           0           0           0           0           0           0           0           0
  Central bank liquidity swaps (3)                15,838         752       5,323          570       1,353       3,343         786         615         260         124         167         188       2,358
  Foreign currency denominated                                                                                                                                                                           
     assets (4)                                   21,551       1,023       7,244          775       1,841       4,548       1,069         837         353         169         227         256       3,208
  Other assets (5)                                35,845       2,408      15,852          879       1,182       2,512       2,710       2,033         715         483         862       1,859       4,350
  Interdistrict settlement account                     0  -   42,660  +  429,803   -   33,579  +   51,153  -   10,778  -  104,877  -    4,372  -   23,892  -   15,891  -   25,358  -   41,411  -  178,139
                                                                                                                                                                                                         
Total assets                                   7,074,649     162,844   4,071,415      130,672     270,896     430,558     406,184     383,485      87,046      56,416      90,350     292,266     692,517

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, October 7, 2020 (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, net                   1,989,441      61,691     663,027      56,300      93,867     131,566     281,221     128,175      59,203      33,439      54,517     167,709     258,725
  Reverse repurchase agreements (6)              188,543       4,234      97,620       4,302       5,899      11,817      13,895      10,531       2,979       1,782       2,998       9,087      23,401
  Deposits                                     4,732,727      55,667   3,217,549      68,377     167,421     278,246     108,530     242,667      23,901      20,243      32,154     114,332     403,642
    Depository institutions                    2,863,357      55,656   1,458,095      68,376     167,349     277,037     108,430     135,377      23,894      20,189      32,126     113,233     403,595
    U.S. Treasury, General Account             1,687,434           0   1,687,434           0           0           0           0           0           0           0           0           0           0
    Foreign official                              18,897           2      18,871           1           3           8           2           2           1           0           0           0           6
    Other (7)                                    163,039           9      53,149           0          68       1,200          98     107,288           6          54          27       1,098          41
  Earnings remittances due to the U.S.      
     Treasury (8)                                  2,129          31       1,220          45          41          60         165         122          31          17          33         113         251
  Treasury contributions to credit          
     facilities (9)                              114,000      39,000      75,000           0           0           0           0           0           0           0           0           0           0
  Other liabilities and accrued             
     dividends                                     8,590         389       3,828         240         288         691         577         460         204         605         226         363         718
                                                                                                                                                                                                        
Total liabilities                              7,035,431     161,012   4,058,243     129,264     267,516     422,379     404,388     381,955      86,318      56,087      89,929     291,604     686,736
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 32,394       1,508      10,878       1,162       2,797       6,738       1,458       1,266         616         275         349         581       4,765
  Surplus                                          6,825         324       2,294         246         583       1,441         338         265         112          53          72          81       1,016
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  7,074,649     162,844   4,071,415     130,672     270,896     430,558     406,184     383,485      87,046      56,416      90,350     292,266     692,517

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, October 7, 2020 (continued)


1.  Securities include outright holdings of U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, including securities lent to dealers under the overnight              
    securities lending facility; refer to table 1A. Mortgage-backed securities are guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Unamortized premiums and discounts are the differences between the
    purchase price and the face value of the securities that have not been amortized. For U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, amortization is on an
    effective-interest basis. Repurchase agreements reflect the cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. Loans includes primary, secondary, and
    seasonal loans and credit extended through the Primary Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, Paycheck Protection Program Liquidity Facility, and other credit        
    extensions.                                                                                                                                                                                         
2.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below.                                 
3.  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.                                                                                                 
4.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
5.  Includes items in process of collection, bank premises, accrued interest (which represents the daily accumulation of interest earned), and other accounts receivable. Also includes Net portfolio       
    holdings of Maiden Lane LLC; refer to the note on consolidation for additional information.                                                                                                         
6.  Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
7.  Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by              
    depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General
    Account, for services provided by the Reserve Banks as fiscal agents of the United States.                                                                                                          
8.  Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after          
    providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $6.825 billion surplus.                                                                         
9.  Book value. Amount of equity investments in Commercial Paper Funding Facility II LLC of $10 billion, Corporate Credit Facilities LLC of $37.5 billion, MS Facilities LLC of $37.5 billion, and          
    Municipal Liquidity Facility LLC of $17.5 billion, and TALF II LLC of $10 billion, and credit protection in the Money Market Mutual Fund Liquidity Facility of $1.5 billion.                        
                                                                                                                                                                                                            



    Note on consolidation:                                                                                                                                                                                  
    The Federal Reserve Bank of New York (FRBNY) and the Federal Reserve Bank of Boston (FRBB) have extended loans to limited liability companies under the authority of section 13(3) of the Federal       
    Reserve Act. On April 14, 2020, FRBNY began extending loans to the Commercial Paper Funding Facility II LLC (CPFF II LLC), a limited liability company formed to purchase three-month U.S           
    dollar-denominated commercial paper by eligible issuers. The assets of the CPFF II LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On
    May 12, 2020, FRBNY began extending loans to the Corporate Credit Facilities LLC (CCF LLC), a limited liability company formed to purchase eligible bonds or portions of syndicated loans or bonds at
    issuance through the Primary Market Corporate Credit Facility and to purchase eligible individual corporate bonds and exchange-traded funds through the Secondary Market Corporate Credit Facility. 
    The assets of the CCF LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On June 5, 2020, FRBNY began extending loans to the
    Municipal Liquidity Facility LLC (MLF LLC), a limited liability company formed to purchase municipal notes from eligible issuers. The assets of the MLF LLC and the amount provided by U.S. Treasury
    as credit protection to the FRBNY are used to secure the loan from the FRBNY. On June 25, 2020, FRBNY began extending loans to the TALF II LLC, a special purpose vehicle that was formed to help   
    support the flow of credit to consumers and businesses. The assets of the TALF II LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the
    FRBNY. On July 15, 2020, the FRBB began extending loans to the MS Facilities LLC (Main Street Lending Program), a special purpose vehicle that was formed to help ensure credit flows to small and  
    medium-sized businesses and to eligible nonprofits. The assets of the MS Facilities LLC and the amount provided by U.S. Treasury as credit protection to the FRBB are used to secure the loan from the
    FRBB.                                                                                                                                                                                               
    The FRBNY is the managing member of CPFF II LLC, CCF LLC, MLF LLC, and TALF II LLC. The FRBB is the managing member of MS Facilities LLC (Main Street Lending Program). Consistent with generally       
    accepted accounting principles, the assets and liabilities of each LLC have been accounted for and consolidated with the assets and liabilities of the FRBNY or FRBB, in the preparation of the     
    statements of condition shown on this release. As a consequence of the consolidation, the loan from the Reserve Bank to the LLC is eliminated as are any balances held at the FRBNY for LLCs consolidated
    to FRBNY or FRBB for LLCs consolidated to FRBB. Treasury contributions to credit facilities are held at FRBNY until invested. Net assets of the LLC appears as assets on table 6 (and in table 1 and
    table 5), and the liabilities of the LLC to entities other than the FRBNY or FRBB, including those with recourse only to the portfolio holdings of the LLC, are included in other liabilities in this
    table (and table 1 and table 5). The amount provided by U.S. Treasury as credit protection to FRBNY and FRBB appears as liabilities on table 6 (and in 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   
                                                                                           Oct 7, 2020  

Federal Reserve notes outstanding                                                            2,135,660  
  Less: Notes held by F.R. Banks not subject to collateralization                              146,219  
    Federal Reserve notes to be collateralized                                               1,989,441  
Collateral held against Federal Reserve notes                                                1,989,441  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,973,204  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       6,456,043  
  Less: Face value of securities under reverse repurchase agreements                           179,619  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        6,276,425  

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.