Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 797,931 - 3,014 + 27,328 801,552

Securities held outright 738,282 + 487 + 33,117 739,542

U.S. Treasury1 738,282 + 487 + 33,117 739,542

Bills2 270,256 + 318 + 11,139 270,649

Notes and bonds, nominal2 445,033 + 143 + 16,388 445,890

Notes and bonds, inflation-indexed2 19,983 0 + 4,721 19,983

Inflation compensation3 3,009 + 26 + 868 3,019

Federal agency2 0 0 0 0

Repurchase agreements4 19,071 - 2,143 - 4,929 21,750

Loans to depository institutions 222 - 4 + 24 176

Primary credit 40 + 30 - 11 8

Secondary credit 0 0 0 0

Seasonal credit 183 - 32 + 36 168

Float 465 - 1,516 + 326 52

Other Federal Reserve assets 39,891 + 163 - 1,210 40,032

Gold stock 11,041 0 - 2 11,041

Special drawing rights certificate account 2,200 0 0 2,200

Treasury currency outstanding5 36,541 + 14 + 199 36,541

Total factors supplying reserve funds 847,713 - 3,000 + 27,525 851,334

Currency in circulation5 767,923 - 1,104 + 27,216 769,239

Reverse repurchase agreements6 24,218 - 1,828 - 2,079 23,654

Foreign official and international accounts 24,218 - 1,828 - 2,079 23,654

Dealers 0 0 0 0

Treasury cash holdings 220 + 1 - 81 211

Deposits with F.R. Banks, other than reserve balances 14,143 + 587 - 1,670 13,783

U.S. Treasury, general account 5,149 + 594 + 201 4,727

Foreign official 96 - 6 + 10 165

Service-related 8,588 - 1 - 1,899 8,588

Required clearing balances 8,588 - 1 - 1,899 8,588

Adjustments to compensate for float 0 0 0 0

Other 310 0 + 19 303

Other liabilities and capital 31,673 + 100 + 7,571 31,486

Total factors, other than reserve balances,

absorbing reserve funds 838,177 - 2,244 + 30,957 838,373

Reserve balances with Federal Reserve Banks 9,537 - 755 - 3,431 12,961

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,476,356 + 8,042 + 177,275 1,479,343

U.S. Treasury 1,087,715 + 59 + 36,509 1,087,713

Federal agency 388,640 + 7,982 + 140,766 391,629

Securities lent to dealers 4,506 + 1,384 + 2,953 6,622

FEDERAL RESERVE statistical release

 October 27, 2005

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

5. Estimated.

6. Cash value of agreements, which are collateralized by U.S. Treasury securities.

7. Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

Change from week ended Wednesday

 Oct 26, 2005 Week ended

 Oct 26, 2005 Oct 19, 2005 Oct 27, 2004
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

6. Cash value of agreements, which are collateralized by U.S. Treasury securities.

7. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

Assets

Gold certificate account 11,037 0 - 2

Special drawing rights certificate account 2,200 0 0

Coin 727 + 9 - 40

Securities, repurchase agreements, and loans 761,467 + 6,964 + 30,847

Securities held outright 739,542 + 1,527 + 32,812

U.S. Treasury1 739,542 + 1,527 + 32,812

Bills2 270,649 + 500 + 11,448

Notes and bonds, nominal2 445,890 + 1,000 + 15,765

Notes and bonds, inflation-indexed2 19,983 0 + 4,721

Inflation compensation3 3,019 + 26 + 877

Federal agency2 0 0 0

Repurchase agreements4 21,750 + 5,500 - 2,000

Loans 176 - 62 + 36

Items in process of collection (957) 6,186 - 2,579 - 444

Bank premises 1,844 + 3 + 96

Other assets5 38,143 + 462 - 1,514

Total assets (957) 821,604 + 4,859 + 28,943

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 733,631 - 40 + 26,480

Reverse repurchase agreements6 23,654 - 1,428 - 2,107

Deposits (0) 26,699 + 6,875 - 3,246

Depository institutions 21,504 + 6,544 - 3,443

U.S. Treasury, general account 4,727 + 258 + 145

Foreign official 165 + 78 + 52

Other (0) 303 - 5 0

Deferred availability cash items (957) 6,134 - 849 - 62

Other liabilities and accrued dividends7 4,008 + 71 + 1,159

Total liabilities (957) 794,126 + 4,630 + 22,224

Capital accounts

Capital paid in 13,451 + 16 + 2,924

Surplus 11,630 0 + 2,783

Other capital accounts 2,397 + 213 + 1,012

Total capital 27,478 + 229 + 6,718

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Oct 27, 2004

Eliminations from

consolidation Wednesday

 Oct 26, 2005

Wednesday

 Oct 19, 2005

3. Maturity Distribution of Loans and Securities, October 26, 2005

Millions of dollars

 Federal agency

securities

Weekly

changes Holdings

 U.S. Treasury

securities1

Holdings Weekly

changes

Loans Repurchase

agreements2

Note: Components may not sum to totals because of rounding.

 . . . Not applicable.

1. 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.

2. Cash value of agreements classified by remaining maturity of the agreements.

Reverse

repurchase

agreements2

Within 15 days 174 56,437 - 870 0 0 21,750 23,654

16 days to 90 days 2 159,406 + 1,810 0 0 0 0

91 days to 1 year 0 183,293 + 60 0 0 . . . . . . 

Over 1 year to 5 years . . . 210,625 + 511 0 0 . . . . . . 

Over 5 years to 10 years . . . 52,611 + 5 0 0 . . . . . . 

Over 10 years . . . 77,170 + 11 0 0 . . . . . . 

All 176 739,542 + 1,527 0 0 21,750 23,654

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on October 26, 2005Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

AssetsGold certificate accountSpecial drawing rights certificate acct.CoinSecurities, repurchase agreements,

and loans

Securities held outright

U.S. Treasury1

Bills2Notes and bonds3

Federal agency2

Repurchase agreements4

Loans

Items in process of collectionBank premisesOther assets5Interdistrict settlement account

Total assets

Note: Components may not sum to totals because of rounding.1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.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 sec4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

 11,037 2,200 727 761,467 739,542 739,542 270,649 468,893 0 21,750 176 7,143 1,844 38,143 0 822,561

Assets, liabilities, and capital

 4,355 874 53 315,005 293,254 293,254 107,322 185,932 0 21,750 1 321 205 14,501 -20,036 315,278

 510 115 28 37,840 37,837 37,837 13,847 23,990 0 0 3 434 109 3,262 - 3,594 38,704

 432 83 48 26,237 26,235 26,235 9,601 16,634 0 0 3 291 54 1,067 + 6,387 34,599

 453 104 56 31,242 31,242 31,242 11,434 19,808 0 0 0 343 157 2,483 + 1,260 36,098

 836 147 61 56,439 56,439 56,439 20,655 35,784 0 0 0 499 143 4,857 + 6,416 69,398

 945 166 98 57,221 57,215 57,215 20,939 36,276 0 0 6 1,389 272 2,153 + 3,542 65,786

 928 212 82 66,653 66,599 66,599 24,373 42,226 0 0 54 446 209 2,672 + 1,225 72,428

 327 71 36 22,994 22,949 22,949 8,398 14,550 0 0 45 274 69 928 + 22 24,721

 2   15,4 15,4 15,4 5,6 9,7    3 1 7 - 8 16,1
 891,899

 158,268 733,631 733,631 11,037 2,200 720,394 0 761,292 23,676 737,616

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

LiabilitiesFederal Reserve notes outstanding

Less: notes held by F.R. Banks

Federal Reserve notes, net

Reverse repurchase agreements1

Deposits

Depository institutionsU.S. Treasury, general accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends2

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

Note: Components may not sum to totals because of rounding.1. Cash value of agreements, which are collateralized by U.S. Treasury securities.2. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

 891,899 158,268 733,631 23,654 26,699 21,504 4,727 165 303 7,091 4,008 795,083 13,451 11,630 2,397 822,561

 39,080 4,884 34,196 1,210 806 798 0 5 3 580 210 37,001 316 1,353 34 38,704

 330,011 44,189 285,822 9,380 10,432 5,397 4,727 136 172 709 1,372 307,715 3,660 3,430 474 315,278

 37,475 6,200 31,275 839 531 530 0 1 0 493 161 33,300 744 294 260 34,599

 36,392 5,963 30,429 999 1,724 1,719 0 4 1 624 203 33,979 1,027 1,065 27 36,098

 68,391 13,146 55,244 1,805 4,410 4,281 0 7 122 577 424 62,460 3,938 2,148 851 69,398

 81,525 22,566 58,959 1,830 2,084 2,082 0 2 0 795 324 63,993 869 516 408 65,786

 77,170 11,053 66,118 2,130 1,686 1,683 0 3 1 344 366 70,645 866 763 153 72,428

 26,377 3,590 22,787 734 498 496 0 1 2 172 145 24,336 141 236 9 24,721

 16,8 2,5 14,2 4 3 3    4 1 15,6 2 2  16,1

H.4.14. Statement of Condition of Each Federal Reserve Bank on October 26, 2005 (continued)Millions of dollars

Assets, liabilities, and capital

Federal Reserve notes outstanding

Less: Notes held by F.R. Banks

not subject to collateralization

Federal Reserve notes to be collateralized

Collateral held against Federal Reserve notes

Gold certificate accountSpecial drawing rights certificate accountU.S. Treasury and agency securities pledged1Other assets pledged

Memo:Total U.S. Treasury and agency securities1

Less: face value of securities under

reverse repurchase agreements

U.S. Treasury and agency securities

eligible to be pledged

5. Collateral Held against Federal Reserve Notes:Federal Reserve Agents' AccountsMillions of dollarsFederal Reserve notes and collateral Wednesday

 Oct 26, 2005

Note: Components may not sum to totals because of rounding.1. Includes face value of U.S. Treasury and agency securities held outright,

compensation to adjust for the effect of inflation on the original face value ofinflation-indexed securities, and cash value of repurchase agreements.