FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                    July 11, 2013


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 10, 2013 
Federal Reserve Banks                                     Jul 10, 2013  Jul 3, 2013 Jul 11, 2012              

Reserve Bank credit                                         3,456,317   +   11,419   +  634,281    3,461,796  
  Securities held outright (1)                              3,225,347   +   10,213   +  614,870    3,229,861  
    U.S. Treasury securities                                1,948,028   +   10,419   +  284,079    1,952,529  
      Bills (2)                                                     0            0   -   14,641            0  
      Notes and bonds, nominal (2)                          1,852,385   +   10,385   +  281,036    1,856,872  
      Notes and bonds, inflation-indexed (2)                   83,026            0   +   14,922       83,026  
      Inflation compensation (3)                               12,617   +       34   +    2,762       12,631  
    Federal agency debt securities (2)                         69,180   -      211   -   22,304       69,180  
    Mortgage-backed securities (4)                          1,208,139   +        5   +  353,095    1,208,152  
  Unamortized premiums on securities held outright (5)        203,868   +      114   +   64,243      203,957  
  Unamortized discounts on securities held outright (5)        -2,467   -       68   -      347       -2,511  
  Repurchase agreements (6)                                         0   -       87            0            0  
  Loans                                                           360   -       25   -    4,232          369  
    Primary credit                                                 14   -       22   +        6           25  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                91            0   +       11           93  
    Term Asset-Backed Securities Loan Facility (7)                255   -        3   -    4,249          251  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,414   -        4   -    1,004        1,415  
  Net portfolio holdings of Maiden Lane II LLC (9)                 64            0   +       46           64  
  Net portfolio holdings of Maiden Lane III LLC (10)               22            0   -   12,930           22  
  Net portfolio holdings of TALF LLC (11)                         270   -       11   -      575          268  
  Float                                                          -904   -       98   -      155         -783  
  Central bank liquidity swaps (12)                             1,507   -      172   -   28,201        1,479  
  Other Federal Reserve assets (13)                            26,837   +    1,556   +    2,568       27,656  
Foreign currency denominated assets (14)                       23,170   -      311   -    1,725       23,216  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (15)                             45,167   +       14   +      638       45,167  
                                                                                                              
Total factors supplying reserve funds                       3,540,895   +   11,122   +  633,195    3,546,420  

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 10, 2013 
Federal Reserve Banks                                     Jul 10, 2013  Jul 3, 2013 Jul 11, 2012              

Currency in circulation (15)                                 1,201,070   +    4,932   +   83,958    1,199,941 
Reverse repurchase agreements (16)                              89,735   -    3,761   -      192       85,903 
  Foreign official and international accounts                   89,735   -    3,761   -      192       85,903 
  Others                                                             0            0            0            0 
Treasury cash holdings                                             126   +        4   +        9          118 
Deposits with F.R. Banks, other than reserve balances          117,054   -   37,697   +    3,406      115,983 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                                88,690   -   30,055   +    2,290       75,254 
  Foreign official                                               9,958   -       92   +    7,966        9,944 
  Service-related                                                    0            0   -    1,892            0 
    Required clearing balances                                       0            0   -    1,892            0 
    Adjustments to compensate for float                              0            0            0            0 
  Other                                                         18,406   -    7,550   -    4,957       30,785 
Other liabilities and capital (17)                              62,320   +      390   -   10,574       61,422 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,470,304   -   36,133   +   76,605    1,463,367 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,070,591   +   47,255   +  556,590    2,083,053 

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. Current face value of the securities, which      
    is the remaining principal balance of the underlying mortgages.                                     
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 9.                                    
9.  Refer to table 5 and the note on consolidation accompanying table 9.                                    
10. Refer to table 6 and the note on consolidation accompanying table 9.                                    
11. Refer to table 7 and the note on consolidation accompanying table 9.                                    
12. 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.     
13. 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.                                                                                       
14. Revalued daily at current foreign currency exchange rates.                                              
15. Estimated.                                                                                              
16. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
17. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC      
    to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
    only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on      
    consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
    to U.S. Treasury. Refer to table 8 and table 9.                                                     


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 10, 2013 
                                                          Jul 10, 2013  Jul 3, 2013 Jul 11, 2012              

Securities held in custody for foreign official and       
     international accounts                                  3,284,669   -      479   +  168,106    3,278,832 
  Marketable U.S. Treasury securities (1)                    2,945,694   -      273   +  206,420    2,939,918 
  Federal agency debt and mortgage-backed securities (2)       300,494   -      191   -   39,267      300,590 
  Other securities (3)                                          38,481   -       15   +      952       38,324 
Securities lent to dealers                                      11,884   -    5,832   -    1,093       11,418 
  Overnight facility (4)                                        11,884   -    5,832   -    1,093       11,418 
    U.S. Treasury securities                                    10,965   -    5,660   -    1,292       10,568 
    Federal agency debt securities                                 919   -      172   +      200          850 

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, 8, and 9.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the underlying mortgages.                                     
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 10, 2013       

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)                                       49            69             0           251             0           ...           369 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                       1             4           342       569,878       876,672       505,632     1,952,529 
  Weekly changes                                 0             0             0    +    2,666    +    5,703    +    1,483    +    9,851 
Federal agency debt securities (3)                                                                                                     
  Holdings                                   2,659         5,869        16,993        41,250            62         2,347        69,180 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0             0             1         2,635     1,205,515     1,208,152 
  Weekly changes                                 0             0             0             0             0    +       16    +       16 
Asset-backed securities held by      
  TALF LLC (5)                                   0             0             0             0             0             0             0 
Repurchase agreements (6)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (7)                27         1,452             0             0             0             0         1,479 
                                                                                                                                       
Reverse repurchase agreements (6)           85,903             0           ...           ...           ...           ...        85,903 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden         
    Lane II LLC, Maiden Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's
    statement of condition consistent with consolidation under generally accepted accounting principles.
2.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
3.  Face value.                                                                                             
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which      
    is the remaining principal balance of the underlying mortgages.                                     
5.  Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of     
    the underlying assets.                                                                              
6.  Cash value of agreements.                                                                               
7.  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 10, 2013  

Mortgage-backed securities held outright (1)                                                                             1,208,152  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                          106,766  
Commitments to sell mortgage-backed securities (2)                                                                             200  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   36  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which      
    is the remaining principal balance of the underlying mortgages.                                     
2.  Current face value. Generally settle within 180 days and include commitments associated with            
    outright transactions, dollar rolls, and coupon swaps.                                              
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8       
    and table 9.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Jul 10, 2013  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,415  
                                                                                                                                    
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 March 31, 2013. 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 9.                                                  
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 8 and table 9.                      


Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to
acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit
extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the proceeds of
the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to
the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan
Chase & Co. Any remaining funds will be paid to the FRBNY.

                                              

5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Jul 10, 2013  

Net portfolio holdings of Maiden Lane II LLC (1)                                                                                64  
                                                                                                                                    
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  
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (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 March 31, 2013. 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 9.                                                  
3.  Book value. The deferred payment represents the portion of the proceeds of the net portfolio            
    holdings due to subsidiaries of American International Group, Inc. in accordance with the asset purchase
    agreement. The fair value of this payment and accrued interest payable are included in other        
    liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.


Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden
Lane II LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was
formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment
portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC
from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of
Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment and interest due
to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.                  





6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Jul 10, 2013  

Net portfolio holdings of Maiden Lane III LLC (1)                                                                               22  
                                                                                                                                    
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 American International Group, Inc. (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 March 31, 2013. 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 9.                                                  
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 8 and table 9.                      


Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden
Lane III LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was
formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group
of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection
with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments
by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following order:
operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due
to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

               

7. Information on Principal Accounts of TALF LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Jul 10, 2013  

Asset-backed securities holdings (1)                                                                                             0  
Other investments, net                                                                                                         268  
Net portfolio holdings of TALF LLC                                                                                             268  
                                                                                                                                    
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  
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (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.         
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 9.                                                  
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 8 and table 9.                      


Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities
Loan Facility (TALF) under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility
under which the Federal Reserve Bank of New York (FRBNY) extends loans with a term of up to five years to
holders of eligible asset-backed securities. The TALF is intended to assist financial markets in accommodating the
credit needs of consumers and businesses by facilitating the issuance of asset-backed securities collateralized
by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to
the FRBNY. The loans are extended for the market value of the security less an amount known as a haircut. As a
result, the borrower bears the initial risk of a decline in the value of the security.                      

TALF LLC is a limited liability company 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 TALF loan. TALF LLC has committed,
for a fee, to purchase all asset-backed securities received by the FRBNY in conjunction with a TALF loan at a
price equal to the TALF loan plus accrued but unpaid interest. Losses on asset-backed securities held by TALF
LLC will be offset in the following order: by the commitment fees collected by TALF LLC then by the interest
received on investments of TALF LLC. Payments by TALF LLC from the proceeds of its net portfolio holdings will be
made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the
U.S. Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be
shared by the FRBNY and the U.S. Treasury.                                                                  




8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Jul 10, 2013   Wednesday    Wednesday  
                                                        consolidation                 Jul 3, 2013 Jul 11, 2012 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,968   +        6   -      129  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     3,431,675   +    9,856   +  679,622  
    Securities held outright (1)                                          3,229,861   +    9,868   +  620,686  
      U.S. Treasury securities                                            1,952,529   +    9,851   +  289,892  
        Bills (2)                                                                 0            0   -   14,641  
        Notes and bonds, nominal (2)                                      1,856,872   +    9,818   +  288,091  
        Notes and bonds, inflation-indexed (2)                               83,026            0   +   13,789  
        Inflation compensation (3)                                           12,631   +       33   +    2,653  
      Federal agency debt securities (2)                                     69,180            0   -   22,304  
      Mortgage-backed securities (4)                                      1,208,152   +       16   +  353,098  
    Unamortized premiums on securities held outright  
    (5)                                                                     203,957   +       80   +   63,562  
    Unamortized discounts on securities held outright 
    (5)                                                                      -2,511   -       96   -      404  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       369   +        5   -    4,221  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,415   +        1   -    1,008  
  Net portfolio holdings of Maiden Lane II LLC (8)                               64            0   +       46  
  Net portfolio holdings of Maiden Lane III LLC (9)                              22            0   -   12,965  
  Net portfolio holdings of TALF LLC (10)                                       268   -       13   -      577  
  Items in process of collection                                   (0)           95   -        9   -       29  
  Bank premises                                                               2,294   +        3   -       64  
  Central bank liquidity swaps (11)                                           1,479   -      200   -   28,229  
  Foreign currency denominated assets (12)                                   23,216   -      198   -    1,622  
  Other assets (13)                                                          25,363   +    1,907   +    2,773  
                                                                                                               
Total assets                                                       (0)    3,504,095   +   11,353   +  637,816  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Jul 10, 2013   Wednesday    Wednesday  
                                                        consolidation                 Jul 3, 2013 Jul 11, 2012 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,156,856   -    2,204   +   83,124 
  Reverse repurchase agreements (14)                                          85,903   -    5,968   -    3,786 
  Deposits                                                          (0)    2,199,036   +   20,725   +  568,802 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,083,053   +   31,069   +  555,497 
    U.S. Treasury, General Account                                            75,254   -   30,794   -       33 
    Foreign official                                                           9,944   -       86   +    7,378 
    Other                                                           (0)       30,785   +   20,536   +    5,960 
  Deferred availability cash items                                  (0)          879   -      125   -       76 
  Other liabilities and accrued dividends (15)                                 6,439   -    1,073   -   10,557 
                                                                                                               
Total liabilities                                                   (0)    3,449,112   +   11,354   +  637,507 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             27,492            0   +      155 
  Surplus                                                                     27,492            0   +      155 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 54,983   -        2   +      309 

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. Current face value of the securities, which      
    is the remaining principal balance of the underlying mortgages.                                     
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 9.                                    
8.  Refer to table 5 and the note on consolidation accompanying table 9.                                    
9.  Refer to table 6 and the note on consolidation accompanying table 9.                                    
10. Refer to table 7 and the note on consolidation accompanying table 9.                                    
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. Revalued daily at current foreign currency exchange rates.                                              
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC      
    to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
    only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on      
    consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
    to U.S. Treasury.                                                                                   

 



9. Statement of Condition of Each Federal Reserve Bank, July 10, 2013
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         391       3,925          397         512         856       1,421         792         310         190         309         728       1,206
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,968          33          85          120         135         346         186         289          29          50         158         193         344
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 3,431,675      89,725   1,903,051       99,423      87,632     213,381     227,954     185,442      55,220      32,585      64,930     133,251     339,082
    Securities held outright (1)               3,229,861      84,458   1,791,090       93,583      82,487     200,835     214,555     174,530      51,969      30,649      61,105     125,423     319,175
      U.S. Treasury securities                 1,952,529      51,057   1,082,757       56,573      49,866     121,410     129,704     105,508      31,417      18,528      36,940      75,822     192,949
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    1,952,529      51,057   1,082,757       56,573      49,866     121,410     129,704     105,508      31,417      18,528      36,940      75,822     192,949
      Federal agency debt securities (2)          69,180       1,809      38,363        2,004       1,767       4,302       4,596       3,738       1,113         656       1,309       2,686       6,836
      Mortgage-backed securities (4)           1,208,152      31,592     669,970       35,005      30,855      75,124      80,256      65,284      19,440      11,464      22,857      46,915     119,389
    Unamortized premiums on securities held 
      outright (5)                               203,957       5,333     113,102        5,910       5,209      12,682      13,549      11,021       3,282       1,935       3,859       7,920      20,155
    Unamortized discounts on securities     
      held outright (5)                           -2,511         -66      -1,393          -73         -64        -156        -167        -136         -40         -24         -48         -98        -248
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            369           0         251            3           0          20          17          26           9          24          13           5           1
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,415           0       1,415            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (8)                                  64           0          64            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (9)                                 22           0          22            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)            268           0         268            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      95           0           0            0           0           0          94           0           0           1           0           0           0
  Bank premises                                    2,294         120         429           72         113         229         212         200         128         101         250         234         206
  Central bank liquidity swaps (11)                1,479          73         473          114         115         311          84          42          12           6          15          23         210
  Foreign currency denominated assets (12)        23,216       1,141       7,423        1,795       1,811       4,875       1,322         662         194          97         235         368       3,293
  Other assets (13)                               25,363         699      13,645          742         663       1,761       1,722       1,368         448         299         499       1,034       2,482
  Interdistrict settlement account                     0  -   27,654  +  253,670   -   27,063  -   20,083  -   23,072  -   36,191  -   43,669  -   12,653  -   13,494  -   21,070  -   37,975  +    9,253
                                                                                                                                                                                                         
Total assets                                   3,504,095      64,724   2,186,289       75,810      71,135     199,099     197,459     145,550      43,839      19,925      45,479      98,138     356,650

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, July 10, 2013 (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            1,464,335      46,671     552,967      46,045      60,741     110,598     181,510      95,445      36,868      23,450      39,040     108,899     162,100
    Less: Notes held by F.R. Banks               307,479      12,677      92,416       7,566       9,299      12,606      34,241      19,335       4,172      10,770      12,777      57,444      34,178
      Federal Reserve notes, net               1,156,856      33,994     460,551      38,479      51,442      97,992     147,270      76,111      32,696      12,680      26,263      51,455     127,922
  Reverse repurchase agreements (14)              85,903       2,246      47,637       2,489       2,194       5,341       5,706       4,642       1,382         815       1,625       3,336       8,489
  Deposits                                     2,199,036      25,705   1,657,002      30,423      12,957      83,745      40,098      62,945       9,139       5,973      16,890      42,178     211,982
    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                           2,083,053      25,702   1,541,208      30,386      12,954      83,669      40,086      62,909       9,138       5,972      16,887      42,176     211,966
    U.S. Treasury, General Account                75,254           0      75,254           0           0           0           0           0           0           0           0           0           0
    Foreign official                               9,944           2       9,917           3           3           8           2           1           0           0           0           1           6
    Other                                         30,785           2      30,623          35           0          68          10          35           0           0           2           1          10
  Deferred availability cash items                   879           0           0           0           0           0         792           0           0          87           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         1,241          26         731          26          21          46          94          77          20          12          24          53         111
  Other liabilities and accrued             
     dividends (16)                                5,198         154       2,821         167         175         443         305         264         137         125         115         196         295
                                                                                                                                                                                                        
Total liabilities                              3,449,112      62,126   2,168,741      71,584      66,789     187,568     194,265     144,038      43,375      19,692      44,916      97,217     348,799
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 27,492       1,299       8,774       2,113       2,173       5,765       1,597         756         232         117         281         460       3,926
  Surplus                                         27,492       1,299       8,774       2,113       2,173       5,765       1,597         756         232         117         281         460       3,926
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  3,504,095      64,724   2,186,289      75,810      71,135     199,099     197,459     145,550      43,839      19,925      45,479      98,138     356,650

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, July 10, 2013 (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. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.                                      
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.  Refer to table 5 and the note on consolidation below.                                                                                                                                                   
9.  Refer to table 6 and the note on consolidation below.                                                                                                                                                   
10. Refer to table 7 and the note on consolidation below.                                                                                                                                                   
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
12. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
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.                                                                                                                                                   
16. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have         
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.                                                                        


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a
loan was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase
multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a
loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American
International Group, Inc. 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.                                        

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any
residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the
FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net
assets of the LLCs appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to
the portfolio holdings of the LLCs, are included in other liabilities in this table (and table 1 and table 8).

                                                                            



10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Jul 10, 2013  

Federal Reserve notes outstanding                                                            1,464,335  
  Less: Notes held by F.R. Banks not subject to collateralization                              307,479  
    Federal Reserve notes to be collateralized                                               1,156,856  
Collateral held against Federal Reserve notes                                                1,156,856  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,140,619  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       3,229,861  
  Less: Face value of securities under reverse repurchase agreements                            80,125  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,149,736  

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.