FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                    July 30, 2015


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Jul 29, 2015 
Federal Reserve Banks                                     Jul 29, 2015 Jul 22, 2015 Jul 30, 2014              

Reserve Bank credit                                         4,456,614   -    4,453   +   92,833    4,447,497  
  Securities held outright (1)                              4,239,745   -    5,077   +  102,707    4,231,429  
    U.S. Treasury securities                                2,461,453   +      131   +   42,618    2,461,502  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,641            0   +   41,313    2,346,641  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +    1,207       98,534  
      Inflation compensation (3)                               16,278   +      132   +       98       16,326  
    Federal agency debt securities (2)                         35,093   -      115   -    7,333       35,093  
    Mortgage-backed securities (4)                          1,743,198   -    5,095   +   67,421    1,734,834  
  Unamortized premiums on securities held outright (5)        197,078   -      562   -   12,143      196,679  
  Unamortized discounts on securities held outright (5)       -17,405   +       35   +    1,196      -17,389  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           202   +       10   -       43          197  
    Primary credit                                                  5   +        3   -        6            8  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               196   +        6   -        4          189  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       34            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,698            0   +       44        1,701  
  Net portfolio holdings of Maiden Lane II LLC (9)                  0            0   -       63            0  
  Net portfolio holdings of Maiden Lane III LLC (9)                 0            0   -       22            0  
  Net portfolio holdings of TALF LLC (10)                           0            0   -       60            0  
  Float                                                           -73   +      259   +      485          -36  
  Central bank liquidity swaps (11)                               359   -      300   +      284          359  
  Other Federal Reserve assets (12)                            35,011   +    1,183   +      448       34,558  
Foreign currency denominated assets (13)                       19,581   +      178   -    4,182       19,583  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (14)                             46,995   +       14   +      963       46,995  
                                                                                                              
Total factors supplying reserve funds                       4,539,431   -    4,261   +   89,614    4,530,316  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Jul 29, 2015 
Federal Reserve Banks                                     Jul 29, 2015 Jul 22, 2015 Jul 30, 2014              

Currency in circulation (14)                                 1,370,772   +      976   +   86,942    1,372,718 
Reverse repurchase agreements (15)                             241,082   -   24,648   +   33,668      242,511 
  Foreign official and international accounts                  154,835   +    3,897   +   46,947      156,082 
  Others                                                        86,248   -   28,544   -   13,279       86,429 
Treasury cash holdings                                              97   +        1   -       39          107 
Deposits with F.R. Banks, other than reserve balances          237,057   +   26,575   +  151,046      217,098 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               196,825   +    2,053   +  134,490      203,378 
  Foreign official                                               5,244   +        1   -    1,327        5,243 
  Other (16)                                                    34,988   +   24,522   +   17,883        8,476 
Other liabilities and capital (17)                              65,777   -      269   +    2,354       65,051 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,914,786   +    2,636   +  273,972    1,897,486 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,624,646   -    6,897   -  184,358    2,632,830 

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.  Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the      
    Term Asset-Backed Securities Loan Facility.                                                         
8.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
9.  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. Refer to the
    note on consolidation accompanying table 6.                                                         
10. Refer to the note on consolidation accompanying table 6.                                                
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
12. Includes 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.                                                                                       
13. Revalued daily at current foreign currency exchange rates.                                              
14. Estimated.                                                                                              
15. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
16. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
17. Includes the liability for interest on Federal Reserve notes due to 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  Jul 29, 2015 
                                                          Jul 29, 2015 Jul 22, 2015 Jul 30, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,327,998   -   12,355   +   18,699    3,351,638 
  Marketable U.S. Treasury securities (1)                    2,985,860   -   11,292   +    8,267    3,010,708 
  Federal agency debt and mortgage-backed securities (2)       297,965   -      983   +    8,799      296,827 
  Other securities (3)                                          44,173   -       80   +    1,633       44,102 
Securities lent to dealers                                      10,889   -       28   +    1,136       10,129 
  Overnight facility (4)                                        10,889   -       28   +    1,136       10,129 
    U.S. Treasury securities                                    10,823   -       36   +    2,198       10,064 
    Federal agency debt securities                                  66   +        8   -    1,062           65 

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, July 29, 2015       

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                                          163            34             0             0             0           ...           197 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       1         1,288       146,753     1,099,429       569,324       644,707     2,461,502 
  Weekly changes                                 0             0    +        5    +       20    +       19    +       87    +      132 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0           947        11,654        20,145             0         2,347        35,093 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0            76         9,433     1,725,324     1,734,834 
  Weekly changes                                 0             0             0    -        3    -      207    -   14,417    -   14,626 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               359             0             0             0             0             0           359 
                                                                                                                                       
Reverse repurchase agreements (4)          242,511             0           ...           ...           ...           ...       242,511 
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   
                                                                                                                      Jul 29, 2015  

Mortgage-backed securities held outright (1)                                                                             1,734,834  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           28,656  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   60  



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   
                                                                                                                      Jul 29, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,701  
                                                                                                                                    
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, 2015. 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       Jul 29, 2015   Wednesday    Wednesday  
                                                        consolidation                Jul 22, 2015 Jul 30, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,883   -        2   -       34  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,410,915   -   15,280   +   83,259  
    Securities held outright (1)                                          4,231,429   -   14,494   +   94,653  
      U.S. Treasury securities                                            2,461,502   +      132   +   41,217  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,641            0   +   39,895  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +    1,207  
        Inflation compensation (3)                                           16,326   +      132   +      114  
      Federal agency debt securities (2)                                     35,093            0   -    7,034  
      Mortgage-backed securities (4)                                      1,734,834   -   14,626   +   60,471  
    Unamortized premiums on securities held outright  
    (5)                                                                     196,679   -      823   -   12,561  
    Unamortized discounts on securities held outright 
    (5)                                                                     -17,389   +       39   +    1,226  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       197            0   -       58  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,701   +        3   +       41  
  Net portfolio holdings of Maiden Lane II LLC (8)                                0            0   -       63  
  Net portfolio holdings of Maiden Lane III LLC (8)                               0            0   -       22  
  Net portfolio holdings of TALF LLC (9)                                          0            0   -       60  
  Items in process of collection                                   (0)          244   +      187   +      169  
  Bank premises                                                               2,242   +        1   -       30  
  Central bank liquidity swaps (10)                                             359   -      300   +      284  
  Foreign currency denominated assets (11)                                   19,583   +      169   -    4,049  
  Other assets (12)                                                          32,315   +      197   -      653  
                                                                                                               
Total assets                                                       (0)    4,485,480   -   15,023   +   78,843  

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       Jul 29, 2015   Wednesday    Wednesday  
                                                        consolidation                Jul 22, 2015 Jul 30, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,327,709   +    1,995   +   85,735 
  Reverse repurchase agreements (13)                                         242,511   -   23,684   +   13,781 
  Deposits                                                          (0)    2,849,928   +    6,395   -   22,953 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,632,830   -   12,627   -  152,968 
    U.S. Treasury, General Account                                           203,378   +   20,175   +  133,255 
    Foreign official                                                           5,243            0   -    1,322 
    Other (14)                                                      (0)        8,476   -    1,154   -    1,919 
  Deferred availability cash items                                  (0)          280   -      151   -      359 
  Other liabilities and accrued dividends (15)                                 6,751   +      417   +      664 
                                                                                                               
Total liabilities                                                   (0)    4,427,179   -   15,028   +   76,868 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,150   +        2   +      987 
  Surplus                                                                     29,150   +        2   +      987 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,300   +        4   +    1,974 

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.  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. Refer to the
    note on consolidation accompanying table 6.                                                         
9.  Refer to the note on consolidation accompanying table 6.                                                
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.     
11. Revalued daily at current foreign currency exchange rates.                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
15. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      

 



6. Statement of Condition of Each Federal Reserve Bank, July 29, 2015
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         347       3,709          340         505         783       1,600         734         299         171         288         891       1,370
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,883          40          64          131         131         300         192         276          34          44         150         194         327
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,410,915     111,811   2,647,807      109,702     106,044     239,562     248,406     163,890      46,036      26,922      57,305     142,090     511,340
    Securities held outright (1)               4,231,429     107,265   2,540,177      105,243     101,734     229,824     238,281     157,216      44,127      25,734      54,968     136,308     490,552
      U.S. Treasury securities                 2,461,502      62,398   1,477,669       61,222      59,180     133,693     138,612      91,456      25,670      14,970      31,976      79,293     285,363
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,502      62,398   1,477,669       61,222      59,180     133,693     138,612      91,456      25,670      14,970      31,976      79,293     285,363
      Federal agency debt securities (2)          35,093         890      21,067          873         844       1,906       1,976       1,304         366         213         456       1,130       4,068
      Mortgage-backed securities (4)           1,734,834      43,977   1,041,442       43,148      41,710      94,225      97,692      64,457      18,092      10,551      22,536      55,885     201,120
    Unamortized premiums on securities held 
      outright (5)                               196,679       4,986     118,069        4,892       4,729      10,682      11,075       7,308       2,051       1,196       2,555       6,336      22,801
    Unamortized discounts on securities     
      held outright (5)                          -17,389        -441     -10,439         -433        -418        -944        -979        -646        -181        -106        -226        -560      -2,016
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            197           2           0            0           0           0          30          13          38          98           8           6           3
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,701           0       1,701            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (8)                                   0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (8)                                  0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)               0           0           0            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     244           0           0            0           0           0         243           0           0           0           0           0           0
  Bank premises                                    2,242         126         437           74         108         215         209         205         119          94         238         220         197
  Central bank liquidity swaps (10)                  359          16         116           20          28          82          20          10           3           2           4           5          53
  Foreign currency denominated                                                                                                                                                                           
     assets (11)                                  19,583         888       6,313        1,094       1,526       4,493       1,114         526         182          82         206         282       2,875
  Other assets (12)                               32,315         860      18,878          815         790       1,910       1,833       1,211         426         228         460       1,158       3,747
  Interdistrict settlement account                     0  +   14,116  -   57,384   +   11,933  +   24,746  +   25,184  -   14,421  +    2,686  +    7,465  +    4,254  +    1,541  +    3,548  -   23,668
                                                                                                                                                                                                         
Total assets                                   4,485,480     128,400   2,623,459      124,318     134,116     272,942     239,850     169,963      54,714      31,887      60,346     148,669     496,816

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, July 29, 2015 (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            1,510,354      49,205     491,393      50,305      80,780     104,365     207,365     105,939      50,035      26,831      41,677     118,153     184,305
    Less: Notes held by F.R. Banks               182,645       6,120      62,057       5,817       9,426      12,815      23,071      11,268       4,988       2,944       4,804      14,111      25,224
      Federal Reserve notes, net               1,327,709      43,085     429,337      44,488      71,354      91,549     184,294      94,671      45,047      23,887      36,873     104,043     159,081
  Reverse repurchase agreements (13)             242,511       6,148     145,582       6,032       5,831      13,172      13,656       9,010       2,529       1,475       3,150       7,812      28,114
  Deposits                                     2,849,928      76,355   2,026,044      70,211      52,198     154,451      38,030      64,381       6,420       5,996      19,564      35,712     300,565
    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                           2,632,830      76,348   1,809,246      70,209      52,195     154,225      38,021      64,377       6,384       5,996      19,562      35,710     300,557
    U.S. Treasury, General Account               203,378           0     203,378           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,243           2       5,216           2           3           9           2           1           0           0           0           1           6
    Other (14)                                     8,476           4       8,203           0           0         217           7           4          36           0           1           1           3
  Deferred availability cash items                   280           0           0           0           0           0         150           0           0         131           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         2,036          50       1,191          55          57         134         120          68          20          11          24          63         242
  Other liabilities and accrued             
     dividends                                     4,715         160       2,238         184         191         491         319         252         127         133         120         177         323
                                                                                                                                                                                                        
Total liabilities                              4,427,179     125,797   2,604,392     120,969     129,630     259,798     236,570     168,383      54,144      31,632      59,731     147,807     488,327
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,150       1,302       9,534       1,675       2,243       6,572       1,640         790         285         127         307         431       4,245
  Surplus                                         29,150       1,302       9,534       1,675       2,243       6,572       1,640         790         285         127         307         431       4,245
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,485,480     128,400   2,623,459     124,318     134,116     272,942     239,850     169,963      54,714      31,887      60,346     148,669     496,816

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, July 29, 2015 (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.  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. Refer       
    to the note on consolidation below.                                                                                                                                                                 
9.  Refer to the note on consolidation below.                                                                                                                                                               
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.                                                                                                 
11. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
15. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to      
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the     
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires
    the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount    
    necessary to equate surplus with capital paid-in.                                                                                                                                                   
                                                                                                                                                                                                            


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan
was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to Maiden Lane LLC
was repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC was repaid in full, with
interest. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase multi-sector collateralized debt obligations on which the Financial Products group of the
American International Group, Inc. had written credit default swap contracts. On June 14, 2012, the loan from FRBNY to Maiden Lane III was repaid in full, with interest. On December 12, 2008, a
loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American
International Group, Inc. On March 1, 2012, the loan from FRBNY to Maiden Lane II was repaid in full, with interest. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to
extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the decision of a borrower not to repay a loan extended
under the Term Asset-Backed Securities Loan Facility. On January 15, 2013 the FRBNY's commitment to extend credit to TALF LLC was eliminated.                                                 

The FRBNY was the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY was primarily responsible for directing the
financial activities of TALF LLC. The FRBNY was the primary beneficiary of the other LLCs cited above because it received a majority of any residual returns of the LLCs and absorbed a majority of any
residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs were consolidated with the assets and liabilities of the FRBNY
in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs were eliminated, the net
assets of the LLCs appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to
the portfolio holdings of the LLCs, 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   
                                                                                          Jul 29, 2015  

Federal Reserve notes outstanding                                                            1,510,354  
  Less: Notes held by F.R. Banks not subject to collateralization                              182,645  
    Federal Reserve notes to be collateralized                                               1,327,709  
Collateral held against Federal Reserve notes                                                1,327,709  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,311,472  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,231,429  
  Less: Face value of securities under reverse repurchase agreements                           229,183  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        4,002,246  

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.