FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks December 13, 2018

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

Dec 12, 2018 Dec 5, 2018 Dec 13, 2017

Wednesday

Dec 12, 2018

Reserve Bank credit 4,048,583 + 816 - 352,179 4,049,260

Securities held outright1 3,896,464 - 1,741 - 331,176 3,896,485

U.S. Treasury securities 2,240,586 - 1,740 - 213,676 2,240,606

Bills2 0 0 0 0

Notes and bonds, nominal2 2,101,796 - 1,941 - 222,608 2,101,796

Notes and bonds, inflation-indexed2 116,545 + 138 + 6,411 116,545

Inflation compensation3 22,245 + 62 + 2,521 22,266

Federal agency debt securities2 2,409 0 - 1,982 2,409

Mortgage-backed securities4 1,653,470 0 - 115,516 1,653,470

Unamortized premiums on securities held outright5 141,349 - 245 - 18,440 141,265

Unamortized discounts on securities held outright5 -13,520 + 25 + 678 -13,510

Repurchase agreements6 0 - 19 0 0

Loans 72 + 17 + 28 69

Primary credit 21 + 16 + 13 9

Secondary credit 0 0 0 0

Seasonal credit 51 + 1 + 15 60

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 7 0 - 1,704 7

Float -195 + 292 + 65 -405

Central bank liquidity swaps8 120 - 74 + 78 120

Other Federal Reserve assets9 24,285 + 2,561 - 1,709 25,229

Foreign currency denominated assets10 20,653 + 27 - 422 20,612

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding11 49,863 + 14 + 523 49,863

Total factors supplying reserve funds 4,135,340 + 857 - 352,078 4,135,976

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

Dec 12, 2018 Dec 5, 2018 Dec 13, 2017

Wednesday

Dec 12, 2018

Currency in circulation11 1,705,098 + 545 + 102,634 1,705,801

Reverse repurchase agreements12 237,320 + 4,800 - 85,091 235,444

Foreign official and international accounts 234,105 + 4,136 + 9,073 234,983

Others 3,215 + 664 - 94,163 461

Treasury cash holdings 202 - 1 + 2 201

Deposits with F.R. Banks, other than reserve balances 412,086 - 2,151 + 250,703 398,381

Term deposits held by depository institutions 0 0 0 0

U.S. Treasury, General Account 334,967 - 2,597 + 258,759 322,663

Foreign official 5,254 - 17 + 13 5,243

Other13 71,864 + 462 - 8,069 70,475

Other liabilities and capital14 45,095 + 266 - 3,302 44,737

Total factors, other than reserve balances,

absorbing reserve funds 2,399,801 + 3,459 + 264,946 2,384,564

Reserve balances with Federal Reserve Banks 1,735,539 - 2,602 - 617,023 1,751,413

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

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of

the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest

basis.

6. Cash value of agreements.

7. Refer to table 4 and the note on consolidation accompanying table 6.

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

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

foreign central bank.

9. Includes 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.

10. Revalued daily at current foreign currency exchange rates.

11. Estimated.

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

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

market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment

arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks

as fiscal agents of the United States.

14. Includes the liability for earnings remittances due to the 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

Dec 12, 2018 Dec 5, 2018 Dec 13, 2017

Wednesday

Dec 12, 2018

Securities held in custody for foreign official and international

accounts 3,384,504 - 19,408 - 149 3,391,859

Marketable U.S. Treasury securities1 3,009,199 - 19,723 - 32,874 3,016,534

Federal agency debt and mortgage-backed securities2 308,412 + 69 + 44,260 308,398

Other securities3 66,893 + 247 - 11,536 66,927

Securities lent to dealers 20,851 + 1,862 - 12 21,491

Overnight facility4 20,851 + 1,862 - 12 21,491

U.S. Treasury securities 20,851 + 1,862 - 12 21,491

Federal agency debt securities 0 0 0 0

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

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

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

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

securities.

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

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

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, December 12, 2018

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 39 30 0 0 0 ... 69

U.S. Treasury securities1

Holdings 0 90,542 302,120 964,800 264,567 618,578 2,240,606

Weekly changes 0 + 1 0 + 8 + 20 + 27 + 55

Federal agency debt securities2

Holdings 0 0 62 0 0 2,347 2,409

Weekly changes 0 0 0 0 0 0 0

Mortgage-backed securities3

Holdings 0 0 4 210 63,823 1,589,433 1,653,470

Weekly changes 0 0 0 0 0 0 0

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

Central bank liquidity swaps5 120 0 0 0 0 0 120

Reverse repurchase agreements4 235,444 0 ... ... ... ... 235,444

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 Dec 12, 2018

Mortgage-backed securities held outright1 1,653,470

Commitments to buy mortgage-backed securities2 356

Commitments to sell mortgage-backed securities2 133

Cash and cash equivalents3 0

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 Dec 12, 2018

Net portfolio holdings of Maiden Lane LLC1 7

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.

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

Dec 12, 2018 Dec 5, 2018 Dec 13, 2017

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,722 + 13 - 161

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,024,309 - 178 - 360,458

Securities held outright1 3,896,485 + 55 - 342,398

U.S. Treasury securities 2,240,606 + 55 - 213,650

Bills2 0 0 0

Notes and bonds, nominal2 2,101,796 0 - 222,608

Notes and bonds, inflation-indexed2 116,545 0 + 6,411

Inflation compensation3 22,266 + 56 + 2,549

Federal agency debt securities2 2,409 0 - 1,982

Mortgage-backed securities4 1,653,470 0 - 126,767

Unamortized premiums on securities held outright5 141,265 - 208 - 18,771

Unamortized discounts on securities held outright5 -13,510 + 29 + 677

Repurchase agreements6 0 - 66 0

Loans 69 + 12 + 34

Net portfolio holdings of Maiden Lane LLC7 7 0 - 1,705

Items in process of collection (0) 78 + 16 + 8

Bank premises 2,195 + 3 - 17

Central bank liquidity swaps8 120 - 74 + 78

Foreign currency denominated assets9 20,612 + 1 - 470

Other assets10 23,034 + 2,489 - 1,688

Total assets (0) 4,088,314 + 2,270 - 364,412

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

Dec 12, 2018 Dec 5, 2018 Dec 13, 2017

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,657,857 - 381 + 101,080

Reverse repurchase agreements11 235,444 - 213 - 136,685

Deposits (0) 2,149,794 + 3,491 - 324,657

Term deposits held by depository institutions 0 0 0

Other deposits held by depository institutions 1,751,413 + 15,106 - 571,349

U.S. Treasury, General Account 322,663 - 5,950 + 257,929

Foreign official 5,243 - 114 - 9

Other12 (0) 70,475 - 5,552 - 11,228

Deferred availability cash items (0) 483 - 25 + 161

Other liabilities and accrued dividends13 5,546 - 662 - 2,180

Total liabilities (0) 4,049,123 + 2,209 - 362,282

Capital accounts

Capital paid in 32,366 + 61 + 1,045

Surplus 6,825 0 - 3,175

Other capital accounts 0 0 0

Total capital 39,191 + 61 - 2,130

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

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest

basis.

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

7. Refer to table 4 and the note on consolidation accompanying table 6.

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

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

central bank.

9. Revalued daily at current foreign currency exchange rates.

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

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

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

market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment

arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks

as fiscal agents of the United States.

13. Includes the liability for earnings remittances due to the U.S. Treasury.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, December 12, 2018

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 11,037 364 3,626 350 544 773 1,491 739 334 199 307 905 1,405

Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574

Coin 1,722 41 37 148 122 236 180 286 26 45 111 195 295

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,024,309 76,864 2,221,693 101,604 114,089 238,139 241,562 215,538 53,606 33,601 63,356 166,401 497,856

Securities held outright1 3,896,485 74,419 2,151,162 98,378 110,467 230,579 233,893 208,687 51,875 32,516 61,340 161,119 482,050

U.S. Treasury securities 2,240,606 42,793 1,236,988 56,571 63,522 132,590 134,496 120,002 29,830 18,698 35,272 92,649 277,195

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

Notes and bonds3 2,240,606 42,793 1,236,988 56,571 63,522 132,590 134,496 120,002 29,830 18,698 35,272 92,649 277,195

Federal agency debt securities2 2,409 46 1,330 61 68 143 145 129 32 20 38 100 298

Mortgage-backed securities4 1,653,470 31,580 912,843 41,747 46,876 97,846 99,252 88,556 22,013 13,798 26,030 68,371 204,558

Unamortized premiums on securities 

held outright5 141,265 2,698 77,989 3,567 4,005 8,360 8,480 7,566 1,881 1,179 2,224 5,841 17,476

Unamortized discounts on securities 

held outright5 -13,510 -258 -7,458 -341 -383 -799 -811 -724 -180 -113 -213 -559 -1,671

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

Loans 69 5 1 0 0 0 0 9 30 18 5 0 1

Net portfolio holdings of Maiden

Lane LLC7 7 0 7 0 0 0 0 0 0 0 0 0 0

Items in process of collection 78 0 0 0 0 0 78 0 0 0 0 0 0

Bank premises 2,195 108 453 81 117 195 205 193 106 95 232 220 189

Central bank liquidity swaps8 120 5 38 7 10 26 7 5 2 1 1 1 18

Foreign currency denominated

assets9 20,612 877 6,499 1,171 1,664 4,452 1,191 874 297 95 204 255 3,034

Other assets10 23,034 466 12,174 570 658 1,569 1,371 1,197 521 256 412 1,045 2,795

Interdistrict settlement account 0 + 9,266 - 48,131 - 10,330 + 5,727 - 5,103 + 34,081 - 187 + 8,038 + 3,662 - 3,240 + 7,278 - 1,060

Total assets 4,088,314 88,187 2,198,213 93,810 123,167 240,700 280,820 219,070 63,080 38,043 61,536 176,583 505,105

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, December 12, 2018 (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 1,861,473 58,191 616,600 55,129 88,801 125,703 261,993 121,518 56,241 31,644 50,119 151,102 244,433

Less: Notes held by F.R. Banks 203,616 6,073 60,523 7,379 8,899 13,553 30,858 13,605 5,286 2,835 5,909 17,806 30,891

Federal Reserve notes, net 1,657,857 52,117 556,078 47,750 79,902 112,150 231,135 107,913 50,955 28,809 44,210 133,296 213,542

Reverse repurchase agreements11 235,444 4,497 129,983 5,944 6,675 13,933 14,133 12,610 3,135 1,965 3,706 9,736 29,128

Deposits 2,149,794 29,687 1,497,618 37,625 33,198 105,583 32,801 96,552 8,228 6,500 13,055 32,792 256,156

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 1,751,413 29,667 1,147,004 37,622 33,169 105,226 32,763 49,451 8,219 6,443 13,042 32,660 256,149

U.S. Treasury, General Account 322,663 0 322,663 0 0 0 0 0 0 0 0 0 0

Foreign official 5,243 2 5,216 2 3 9 2 2 1 0 0 0 6

Other12 70,475 18 22,736 1 26 349 36 47,100 9 57 13 131 1

Deferred availability cash items 483 0 0 0 0 0 61 0 0 421 0 0 0

Earnings remittances due to the U.S.

Treasury13 1,309 25 683 34 42 70 108 66 22 13 32 69 146

Other liabilities and accrued

dividends 4,237 178 1,407 201 218 595 307 290 149 151 152 209 381

Total liabilities 4,049,123 86,504 2,185,770 91,554 120,035 232,331 278,545 217,431 62,488 37,858 61,155 176,100 499,353

Capital

Capital paid in 32,366 1,393 10,293 1,868 2,581 6,895 1,880 1,350 493 154 313 399 4,747

Surplus 6,825 290 2,151 388 551 1,474 394 289 98 31 68 84 1,005

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

Total liabilities and capital 4,088,314 88,187 2,198,213 93,810 123,167 240,700 280,820 219,070 63,080 38,043 61,536 176,583 505,105

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, December 12, 2018 (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 securities, Federal

agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis.

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

7. Refer to table 4 and the note on consolidation below.

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

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

9. Revalued daily at current foreign currency exchange rates.

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

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

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

depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury,

General Account, for services provided by the Reserve Banks as fiscal agents of the United States.

13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after

providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $6.825 billion surplus.

Note on consolidation:

On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML 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. FRBNY was the primary beneficiary of ML because it received any residual returns and could have absorbed any

residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML 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 extension of credit from FRBNY to ML was eliminated, the net assets of ML appeared as assets on the previous

page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only to the ML portfolio holdings, 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 Dec 12, 2018

Federal Reserve notes outstanding 1,861,473

Less: Notes held by F.R. Banks not subject to collateralization 203,616

Federal Reserve notes to be collateralized 1,657,857

Collateral held against Federal Reserve notes 1,657,857

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,641,620

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 3,896,485

Less: Face value of securities under reverse repurchase agreements 232,595

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,663,890

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.