FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks October 8, 2015

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Oct 7, 2015 Sep 30, 2015 Oct 8, 2014

Wednesday

Oct 7, 2015

Reserve Bank credit 4,446,747 - 1,259 + 35,035 4,447,570

Securities held outright1 4,238,254 - 1,636 + 48,834 4,238,253

U.S. Treasury securities 2,461,924 - 23 + 8,936 2,461,911

Bills2 0 0 0 0

Notes and bonds, nominal2 2,346,639 - 1 + 8,409 2,346,639

Notes and bonds, inflation-indexed2 98,534 0 + 306 98,534

Inflation compensation3 16,750 - 23 + 220 16,737

Federal agency debt securities2 35,093 0 - 4,913 35,093

Mortgage-backed securities4 1,741,237 - 1,613 + 44,812 1,741,249

Unamortized premiums on securities held outright5 193,448 - 424 - 15,614 193,338

Unamortized discounts on securities held outright5 -16,997 + 41 + 1,754 -16,986

Repurchase agreements6 0 0 0 0

Loans 215 - 45 - 14 226

Primary credit 8 - 10 + 2 24

Secondary credit 0 0 0 0

Seasonal credit 207 - 35 - 2 202

Term Asset-Backed Securities Loan Facility7 0 0 - 14 0

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC8 1,703 + 1 + 38 1,703

Net portfolio holdings of TALF LLC9 0 0 - 35 0

Float 260 + 226 + 901 172

Central bank liquidity swaps10 143 - 538 + 143 143

Other Federal Reserve assets11 29,722 + 1,117 - 971 30,722

Foreign currency denominated assets12 20,102 + 80 - 2,188 20,081

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 5,200 0 0 5,200

Treasury currency outstanding13 47,196 + 14 + 1,011 47,196

Total factors supplying reserve funds 4,530,287 - 1,165 + 33,859 4,531,088

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Oct 7, 2015 Sep 30, 2015 Oct 8, 2014

Wednesday

Oct 7, 2015

Currency in circulation13 1,388,689 + 3,779 + 97,057 1,390,904

Reverse repurchase agreements14 332,721 - 52,572 + 51,988 282,684

Foreign official and international accounts 168,883 - 425 + 71,813 167,250

Others 163,838 - 52,147 - 19,825 115,434

Treasury cash holdings 196 + 34 + 10 228

Deposits with F.R. Banks, other than reserve balances 109,764 - 71,013 - 879 112,844

Term deposits held by depository institutions 0 0 0 0

U.S. Treasury, General Account 83,381 - 61,784 - 13,080 87,139

Foreign official 5,256 - 139 + 8 5,256

Other15 21,127 - 9,090 + 12,193 20,449

Other liabilities and capital16 66,283 + 295 + 2,396 65,635

Total factors, other than reserve balances,

absorbing reserve funds 1,897,653 - 119,478 + 150,572 1,852,295

Reserve balances with Federal Reserve Banks 2,632,633 + 118,312 - 116,714 2,678,794

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. 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. 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.

12. Revalued daily at current foreign currency exchange rates.

13. Estimated.

14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

15. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated

financial market utilities.

16. 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.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Memorandum item Week ended Change from week ended

Oct 7, 2015 Sep 30, 2015 Oct 8, 2014

Wednesday

Oct 7, 2015

Securities held in custody for foreign official and international

accounts 3,328,542 - 5,154 - 8,083 3,320,548

Marketable U.S. Treasury securities1 3,002,605 - 4,580 + 1,084 2,994,696

Federal agency debt and mortgage-backed securities2 281,079 - 501 - 10,559 280,858

Other securities3 44,858 - 73 + 1,392 44,994

Securities lent to dealers 14,836 + 705 + 3,077 13,511

Overnight facility4 14,836 + 705 + 3,077 13,511

U.S. Treasury securities 14,788 + 708 + 3,786 13,464

Federal agency debt securities 48 - 3 - 709 47

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

1. Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral

to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.

2. Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the

securities.

3. Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value.

4. Face value. Fully collateralized by U.S. Treasury securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, October 7, 2015

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans 74 152 0 0 0 ... 226

U.S. Treasury securities1

Holdings 0 327 173,786 1,135,726 514,054 638,017 2,461,911

Weekly changes 0 0 + 6,825 - 6,833 - 6 - 24 - 37

Federal agency debt securities2

Holdings 947 1,202 12,452 18,145 0 2,347 35,093

Weekly changes 0 0 0 0 0 0 0

Mortgage-backed securities3

Holdings 0 0 0 278 9,453 1,731,518 1,741,249

Weekly changes 0 0 0 + 132 + 139 - 255 + 16

Repurchase agreements4 0 0 ... ... ... ... 0

Central bank liquidity swaps5 143 0 0 0 0 0 143

Reverse repurchase agreements4 282,684 0 ... ... ... ... 282,684

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.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday Account name Oct 7, 2015

Mortgage-backed securities held outright1 1,741,249

Commitments to buy mortgage-backed securities2 33,219

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 23

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

Wednesday Account name Oct 7, 2015

Net portfolio holdings of Maiden Lane LLC1 1,703

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 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.
H.4.1

5. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Oct 7, 2015 Sep 30, 2015 Oct 8, 2014

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,909 0 - 8

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,414,831 - 355 + 33,479

Securities held outright1 4,238,253 - 21 + 47,364

U.S. Treasury securities 2,461,911 - 37 + 7,454

Bills2 0 0 0

Notes and bonds, nominal2 2,346,639 0 + 7,178

Notes and bonds, inflation-indexed2 98,534 0 + 65

Inflation compensation3 16,737 - 37 + 209

Federal agency debt securities2 35,093 0 - 4,913

Mortgage-backed securities4 1,741,249 + 16 + 44,823

Unamortized premiums on securities held outright5 193,338 - 339 - 15,661

Unamortized discounts on securities held outright5 -16,986 + 31 + 1,771

Repurchase agreements6 0 0 0

Loans 226 - 26 + 5

Net portfolio holdings of Maiden Lane LLC7 1,703 0 + 32

Net portfolio holdings of TALF LLC8 0 0 - 24

Items in process of collection (0) 560 + 164 + 482

Bank premises 2,233 - 8 - 25

Central bank liquidity swaps9 143 - 538 + 143

Foreign currency denominated assets10 20,081 + 79 - 2,347

Other assets11 28,489 + 2,734 - 951

Total assets (0) 4,486,185 + 2,074 + 30,782

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Oct 7, 2015 Sep 30, 2015 Oct 8, 2014

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,345,839 + 3,449 + 96,194

Reverse repurchase agreements12 282,684 - 358,397 + 4,818

Deposits (0) 2,791,638 + 356,767 - 72,227

Term deposits held by depository institutions 0 0 0

Other deposits held by depository institutions 2,678,794 + 481,137 - 86,822

U.S. Treasury, General Account 87,139 - 111,577 + 1,830

Foreign official 5,256 - 975 + 13

Other13 (0) 20,449 - 11,818 + 12,752

Deferred availability cash items (0) 388 - 95 - 304

Other liabilities and accrued dividends14 7,067 + 343 + 129

Total liabilities (0) 4,427,617 + 2,067 + 28,612

Capital accounts

Capital paid in 29,284 + 3 + 1,085

Surplus 29,284 + 3 + 1,085

Other capital accounts 0 0 0

Total capital 58,568 + 7 + 2,170

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. Refer to the note on consolidation accompanying table 6.

9. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to

the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign

central bank.

10. Revalued daily at current foreign currency exchange rates.

11. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

13. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated

financial market utilities.

14. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, October 7, 2015

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas 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 1,909 48 67 133 133 304 198 275 30 44 154 196 327

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,414,831 111,908 2,650,143 109,799 106,138 239,773 248,626 164,053 46,064 26,965 57,357 142,217 511,787

Securities held outright1 4,238,253 107,438 2,544,274 105,412 101,898 230,195 238,665 157,470 44,199 25,775 55,057 136,528 491,343

U.S. Treasury securities 2,461,911 62,408 1,477,914 61,232 59,190 133,715 138,635 91,471 25,674 14,972 31,982 79,306 285,410

Bills2 0 0 0 0 0 0 0 0 0 0 0 0 0

Notes and bonds3 2,461,911 62,408 1,477,914 61,232 59,190 133,715 138,635 91,471 25,674 14,972 31,982 79,306 285,410

Federal agency debt securities2 35,093 890 21,067 873 844 1,906 1,976 1,304 366 213 456 1,130 4,068

Mortgage-backed securities4 1,741,249 44,140 1,045,293 43,308 41,864 94,573 98,053 64,695 18,159 10,590 22,620 56,091 201,864

Unamortized premiums on securities 

held outright5 193,338 4,901 116,063 4,809 4,648 10,501 10,887 7,183 2,016 1,176 2,512 6,228 22,414

Unamortized discounts on securities 

held outright5 -16,986 -431 -10,197 -422 -408 -923 -957 -631 -177 -103 -221 -547 -1,969

Repurchase agreements6 0 0 0 0 0 0 0 0 0 0 0 0 0

Loans 226 0 3 0 0 0 31 31 27 118 9 8 0

Net portfolio holdings of Maiden

Lane LLC7 1,703 0 1,703 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of TALF LLC8 0 0 0 0 0 0 0 0 0 0 0 0 0

Items in process of collection 560 0 0 0 0 0 559 0 0 0 0 0 0

Bank premises 2,233 126 438 73 107 214 208 204 118 93 238 220 195

Central bank liquidity swaps9 143 6 46 8 11 33 8 4 1 1 2 2 21

Foreign currency denominated

assets10 20,081 910 6,474 1,122 1,565 4,607 1,142 539 187 84 211 289 2,948

Other assets11 28,489 758 16,638 717 697 1,713 1,624 1,077 372 205 413 957 3,318

Interdistrict settlement account 0 - 17,385 - 115,357 + 5,552 + 27,639 + 43,885 - 4,795 + 22,008 + 11,346 + 4,439 + 3,835 + 8,281 + 10,552

Total assets 4,486,185 96,915 2,565,679 117,954 137,031 291,723 249,825 189,319 58,567 32,092 62,651 153,336 531,092

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, October 7, 2015 (continued)

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco

Liabilities

Federal Reserve notes outstanding 1,529,673 48,921 501,025 50,104 83,596 105,717 214,686 104,952 52,456 27,065 41,273 116,447 183,431

Less: Notes held by F.R. Banks 183,834 6,300 58,737 6,720 9,994 12,571 23,405 11,596 4,864 3,159 4,840 14,560 27,089

Federal Reserve notes, net 1,345,839 42,621 442,288 43,385 73,602 93,147 191,281 93,356 47,592 23,907 36,433 101,887 156,342

Reverse repurchase agreements12 282,684 7,166 169,698 7,031 6,796 15,354 15,919 10,503 2,948 1,719 3,672 9,106 32,772

Deposits 2,791,638 44,318 1,930,793 64,065 51,888 169,439 38,614 83,558 7,309 5,942 21,777 41,230 332,704

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 2,678,794 44,312 1,826,717 64,063 51,885 169,145 38,604 75,154 7,272 5,941 21,776 41,228 332,696

U.S. Treasury, General Account 87,139 0 87,139 0 0 0 0 0 0 0 0 0 0

Foreign official 5,256 2 5,229 2 3 9 2 1 0 0 0 1 6

Other13 20,449 4 11,709 0 0 285 7 8,403 37 0 1 2 2

Deferred availability cash items 388 0 0 0 0 0 263 0 0 125 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury14 2,005 47 1,268 43 37 81 113 72 19 11 24 64 225

Other liabilities and accrued

dividends 5,063 160 2,418 197 219 547 331 255 130 137 123 181 364

Total liabilities 4,427,617 94,311 2,546,467 114,720 132,542 278,568 246,521 187,743 57,998 31,841 62,030 152,470 522,407

Capital

Capital paid in 29,284 1,302 9,606 1,617 2,245 6,578 1,652 788 285 126 311 433 4,342

Surplus 29,284 1,302 9,606 1,617 2,245 6,578 1,652 788 285 126 311 433 4,342

Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 4,486,185 96,915 2,565,679 117,954 137,031 291,723 249,825 189,319 58,567 32,092 62,651 153,336 531,092

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, October 7, 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. Refer to the note on consolidation below.

9. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate

equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.

10. Revalued daily at current foreign currency exchange rates.

11. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

13. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.

14. 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 (ML), 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 ML was

repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. On November 25,

2008, the Federal Reserve Board authorized FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by 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 FRBNY’s commitment to extend credit to TALF LLC was

eliminated.

FRBNY was the primary beneficiary of ML because it received a majority of the residual returns and could have absorbed a majority of any residual losses should they have occurred. FRBNY was the primary

beneficiary of TALF LLC, because of the two beneficiaries of TALF LLC, FRBNY and the U.S. Treasury, FRBNY was primarily responsible for directing the financial activities of TALF LLC. Consistent with

generally accepted accounting principles, the assets and liabilities of these LLCs were consolidated with the assets and liabilities of FRBNY in the preparation of the statements of condition shown on this

release. As a consequence of the consolidation, the extensions of credit from 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 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).
H.4.1

7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents’ Accounts

Millions of dollars

Wednesday Federal Reserve notes and collateral Oct 7, 2015

Federal Reserve notes outstanding 1,529,673

Less: Notes held by F.R. Banks not subject to collateralization 183,834

Federal Reserve notes to be collateralized 1,345,839

Collateral held against Federal Reserve notes 1,345,839

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,329,603

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 4,238,253

Less: Face value of securities under reverse repurchase agreements 262,197

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,976,056

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.