FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                    April 9, 2015


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended   Apr 8, 2015 
Federal Reserve Banks                                      Apr 8, 2015  Apr 1, 2015  Apr 9, 2014              

Reserve Bank credit                                         4,444,417   +      556   +  245,993    4,445,177  
  Securities held outright (1)                              4,228,458   +       65   +  253,655    4,228,500  
    U.S. Treasury securities                                2,459,651   +       57   +  135,299    2,459,693  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,709   -        1   +  131,105    2,346,709  
      Notes and bonds, inflation-indexed (2)                   98,469            0   +    3,786       98,469  
      Inflation compensation (3)                               14,473   +       57   +      408       14,515  
    Federal agency debt securities (2)                         36,877            0   -   10,466       36,877  
    Mortgage-backed securities (4)                          1,731,930   +        9   +  128,822    1,731,930  
  Unamortized premiums on securities held outright (5)        202,339   -      362   -    7,124      202,242  
  Unamortized discounts on securities held outright (5)       -17,934   +       31   -      646      -17,923  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                            60   +       24   -       40           32  
    Primary credit                                                 42   +       19   +       39           15  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                18   +        4   +        3           17  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       82            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,691   -        1   +      107        1,691  
  Net portfolio holdings of Maiden Lane II LLC (9)                  0            0   -       63            0  
  Net portfolio holdings of Maiden Lane III LLC (9)                 0            0   -       22            0  
  Net portfolio holdings of TALF LLC (10)                           0            0   -       94            0  
  Float                                                          -487   +        1   +      166         -485  
  Central bank liquidity swaps (11)                                 0   -      810   -      407            0  
  Other Federal Reserve assets (12)                            30,290   +    1,608   +      460       31,120  
Foreign currency denominated assets (13)                       19,808   +      152   -    4,183       19,592  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (14)                             46,601   +       14   +      834       46,601  
                                                                                                              
Total factors supplying reserve funds                       4,527,067   +      722   +  242,644    4,527,611  

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   Apr 8, 2015 
Federal Reserve Banks                                      Apr 8, 2015  Apr 1, 2015  Apr 9, 2014              

Currency in circulation (14)                                 1,361,162   +    3,424   +   90,543    1,363,253 
Reverse repurchase agreements (15)                             283,713   -   61,395   +   94,824      244,492 
  Foreign official and international accounts                  147,575   -      115   +   53,016      148,049 
  Others                                                       136,138   -   61,280   +   41,808       96,443 
Treasury cash holdings                                             243   +       40   -       21          230 
Deposits with F.R. Banks, other than reserve balances           71,714   -   19,097   -    5,320       61,576 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                                55,206   -   20,261   -    7,230       44,254 
  Foreign official                                               5,230   -        1   -    1,747        5,230 
  Other (16)                                                    11,277   +    1,163   +    3,656       12,093 
Other liabilities and capital (17)                              65,738   +      598   +    2,463       65,148 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,782,570   -   76,431   +  182,489    1,734,699 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,744,497   +   77,153   +   60,156    2,792,912 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
7.  Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the      
    Term Asset-Backed Securities Loan Facility.                                                         
8.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
9.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Refer to the
    note on consolidation accompanying table 6.                                                         
10. Refer to the note on consolidation accompanying table 6.                                                
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
13. Revalued daily at current foreign currency exchange rates.                                              
14. Estimated.                                                                                              
15. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
16. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
17. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      
                                                                                                            


Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended   Apr 8, 2015 
                                                           Apr 8, 2015  Apr 1, 2015  Apr 9, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,289,760   +   30,269   -   26,307    3,291,826 
  Marketable U.S. Treasury securities (1)                    2,961,539   +   30,321   -   13,319    2,963,778 
  Federal agency debt and mortgage-backed securities (2)       284,608   -       77   -   13,430      284,509 
  Other securities (3)                                          43,614   +       26   +      443       43,539 
Securities lent to dealers                                      11,178   -    1,653   -    1,013       10,661 
  Overnight facility (4)                                        11,178   -    1,653   -    1,013       10,661 
    U.S. Treasury securities                                    10,804   -    1,619   -      159       10,338 
    Federal agency debt securities                                 373   -       35   -      855          323 

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, April 8, 2015       

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                           18            14             0             0             0           ...            32 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       1         1,899        63,822     1,112,884       637,939       643,148     2,459,693 
  Weekly changes                                 0             0             0    +       16    +       22    +       76    +      115 
Federal agency debt securities (2)                                                                                                     
  Holdings                                     982             0         6,638        26,910             0         2,347        36,877 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0            20         8,648     1,723,262     1,731,930 
  Weekly changes                                 0             0             0    +        5    +      284    -      287    +        2 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)                 0             0             0             0             0             0             0 
                                                                                                                                       
Reverse repurchase agreements (4)          244,492             0           ...           ...           ...           ...       244,492 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                       Apr 8, 2015  

Mortgage-backed securities held outright (1)                                                                             1,731,930  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           41,540  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    5  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
2.  Current face value. Generally settle within 180 days and include commitments associated with            
    outright transactions, dollar rolls, and coupon swaps.                                              
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                       Apr 8, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,691  
                                                                                                                                    
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 December 31, 2014. Any assets purchased after this  
    valuation date are initially recorded at cost until their estimated fair value as of the purchase date
    becomes available.                                                                                  
2.  Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's            
    statement of condition consistent with consolidation under generally accepted accounting principles. Refer
    to the note on consolidation accompanying table 6.                                                  
3.  Book value. The fair value of these obligations is included in other liabilities and capital in         
    table 1 and in other liabilities and accrued dividends in table 5 and table 6.                      


Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to
acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit
extended and to minimize disruption to financial markets. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from        Apr 8, 2015   Wednesday    Wednesday  
                                                        consolidation                 Apr 1, 2015  Apr 9, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,830   -        2   -       99  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,412,851   -      204   +  244,071  
    Securities held outright (1)                                          4,228,500   +      116   +  251,964  
      U.S. Treasury securities                                            2,459,693   +      115   +  133,608  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,709            0   +  130,224  
        Notes and bonds, inflation-indexed (2)                               98,469            0   +    3,080  
        Inflation compensation (3)                                           14,515   +      115   +      304  
      Federal agency debt securities (2)                                     36,877            0   -   10,466  
      Mortgage-backed securities (4)                                      1,731,930   +        2   +  128,822  
    Unamortized premiums on securities held outright  
    (5)                                                                     202,242   -      323   -    7,247  
    Unamortized discounts on securities held outright 
    (5)                                                                     -17,923   +       30   -      579  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                        32   -       27   -       67  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,691            0   +      106  
  Net portfolio holdings of Maiden Lane II LLC (8)                                0            0   -       63  
  Net portfolio holdings of Maiden Lane III LLC (8)                               0            0   -       22  
  Net portfolio holdings of TALF LLC (9)                                          0            0   -       92  
  Items in process of collection                                   (0)           98   -       12            0  
  Bank premises                                                               2,242   +        1   -       27  
  Central bank liquidity swaps (10)                                               0   -      810   -      407  
  Foreign currency denominated assets (11)                                   19,592   +       33   -    4,584  
  Other assets (12)                                                          28,878   +    2,614   +      350  
                                                                                                               
Total assets                                                       (0)    4,483,419   +    1,620   +  239,231  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from        Apr 8, 2015   Wednesday    Wednesday  
                                                        consolidation                 Apr 1, 2015  Apr 9, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,318,707   +    3,448   +   90,940 
  Reverse repurchase agreements (13)                                         244,492   -  109,201   +   62,239 
  Deposits                                                          (0)    2,854,488   +  106,446   +   84,343 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,792,912   +  125,249   +   95,024 
    U.S. Treasury, General Account                                            44,254   -   21,275   -   10,274 
    Foreign official                                                           5,230   -       11   -    1,747 
    Other (14)                                                      (0)       12,093   +    2,484   +    1,342 
  Deferred availability cash items                                  (0)          583   -       15   -      137 
  Other liabilities and accrued dividends (15)                                 7,470   +      917   +      289 
                                                                                                               
Total liabilities                                                   (0)    4,425,741   +    1,597   +  237,675 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             28,839   +       11   +      778 
  Surplus                                                                     28,839   +       11   +      778 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 57,678   +       22   +    1,556 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Refer to the
    note on consolidation accompanying table 6.                                                         
9.  Refer to the note on consolidation accompanying table 6.                                                
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
11. Revalued daily at current foreign currency exchange rates.                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
15. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      

 



6. Statement of Condition of Each Federal Reserve Bank, April 8, 2015
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         352       4,125          338         464         824       1,349         706         278         173         291         880       1,257
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,830          42          70          126         117         301         185         272          25          44         151         181         317
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,412,851      89,276   2,708,428      105,718      96,347     246,635     243,938     180,361      54,429      27,054      58,128     134,460     468,077
    Securities held outright (1)               4,228,500      85,535   2,595,299      101,302      92,323     236,334     233,749     172,825      52,156      25,914      55,699     128,844     448,521
      U.S. Treasury securities                 2,459,693      49,755   1,509,670       58,927      53,704     137,474     135,970     100,531      30,339      15,074      32,400      74,947     260,902
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,459,693      49,755   1,509,670       58,927      53,704     137,474     135,970     100,531      30,339      15,074      32,400      74,947     260,902
      Federal agency debt securities (2)          36,877         746      22,634          883         805       2,061       2,039       1,507         455         226         486       1,124       3,912
      Mortgage-backed securities (4)           1,731,930      35,034   1,062,996       41,492      37,814      96,799      95,740      70,786      21,362      10,614      22,814      52,772     183,708
    Unamortized premiums on securities held 
      outright (5)                               202,242       4,091     124,129        4,845       4,416      11,303      11,180       8,266       2,495       1,239       2,664       6,162      21,452
    Unamortized discounts on securities     
      held outright (5)                          -17,923        -363     -11,001         -429        -391      -1,002        -991        -733        -221        -110        -236        -546      -1,901
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                             32          13           0            0           0           0           0           3           0          10           1           0           5
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,691           0       1,691            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (8)                                   0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (8)                                  0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)               0           0           0            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      98           0           1            0           0           0          97           0           0           0           0           0           0
  Bank premises                                    2,242         124         430           74         109         218         210         202         120          95         240         221         199
  Central bank liquidity swaps (10)                    0           0           0            0           0           0           0           0           0           0           0           0           0
  Foreign currency denominated                                                                                                                                                                           
     assets (11)                                  19,592         888       6,317        1,095       1,527       4,495       1,115         526         182          82         206         282       2,876
  Other assets (12)                               28,878         629      17,210          703         646       1,790       1,630       1,195         437         211         417         925       3,084
  Interdistrict settlement account                     0  +   33,373  -  268,727   +   12,985  +   44,789  +   26,373  +    5,870  -    2,473  +      628  +    7,283  +    9,104  +   26,068  +  104,727
                                                                                                                                                                                                         
Total assets                                   4,483,419     124,879   2,471,363      121,249     144,237     281,048     255,047     181,214      56,249      35,033      68,689     163,299     581,112

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, April 8, 2015 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,498,217      50,809     474,742      50,155      74,561     104,806     210,259     106,451      45,033      26,947      42,321     121,565     190,566
    Less: Notes held by F.R. Banks               179,509       5,166      60,377       5,391       9,794      12,297      22,809      12,037       5,183       3,024       4,955      14,137      24,339
      Federal Reserve notes, net               1,318,707      45,643     414,365      44,764      64,768      92,509     187,450      94,414      39,850      23,923      37,367     107,428     166,227
  Reverse repurchase agreements (13)             244,492       4,946     150,060       5,857       5,338      13,665      13,515       9,993       3,016       1,498       3,221       7,450      25,933
  Deposits                                     2,854,488      71,518   1,884,136      67,164      69,395     161,105      49,918      74,893      12,683       9,081      27,354      47,331     379,910
    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                           2,792,912      71,514   1,822,851      67,135      69,392     160,877      49,909      74,890      12,682       9,081      27,353      47,329     379,900
    U.S. Treasury, General Account                44,254           0      44,254           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,230           2       5,202           2           3           9           2           1           0           0           0           1           6
    Other (14)                                    12,093           3      11,829          26           0         219           7           2           0           0           1           1           4
  Deferred availability cash items                   583           0           0           0           0           0         446           0           0         136           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         2,226          32       1,436          49          45         102         119          86          21          11          27          65         234
  Other liabilities and accrued             
     dividends (16)                                5,244         150       2,656         193         212         539         325         255         131         131         116         177         358
                                                                                                                                                                                                        
Total liabilities                              4,425,741     122,289   2,452,652     118,027     139,758     267,921     251,773     179,641      55,700      34,781      68,084     162,451     572,662
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 28,839       1,295       9,356       1,611       2,239       6,564       1,637         786         275         126         302         424       4,225
  Surplus                                         28,839       1,295       9,356       1,611       2,239       6,564       1,637         786         275         126         302         424       4,225
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,483,419     124,879   2,471,363     121,249     144,237     281,048     255,047     181,214      56,249      35,033      68,689     163,299     581,112

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, April 8, 2015 (continued)


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.                                                                                                 
2.  Face value of the securities.                                                                                                                                                                           
3.  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.                               
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
8.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date. Refer       
    to the note on consolidation below.                                                                                                                                                                 
9.  Refer to the note on consolidation below.                                                                                                                                                               
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
11. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
15. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to      
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the     
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires
    the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount    
    necessary to equate surplus with capital paid-in.                                                                                                                                                   
                                                                                                                                                                                                            


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan
was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to Maiden Lane LLC
was repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC was repaid in full, with
interest. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase multi-sector collateralized debt obligations on which the Financial Products group of the
American International Group, Inc. had written credit default swap contracts. On June 14, 2012, the loan from FRBNY to Maiden Lane III was repaid in full, with interest. On December 12, 2008, a
loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American
International Group, Inc. On March 1, 2012, the loan from FRBNY to Maiden Lane II was repaid in full, with interest. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to
extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the decision of a borrower not to repay a loan extended
under the Term Asset-Backed Securities Loan Facility. On January 15, 2013 the FRBNY's commitment to extend credit to TALF LLC was eliminated.                                                 

The FRBNY was the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY was primarily responsible for directing the
financial activities of TALF LLC. The FRBNY was the primary beneficiary of the other LLCs cited above because it received a majority of any residual returns of the LLCs and absorbed a majority of any
residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs were consolidated with the assets and liabilities of the FRBNY
in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs were eliminated, the net
assets of the LLCs appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to
the portfolio holdings of the LLCs, were included in other liabilities in this table (and table 1 and table 5).

                                                                           



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                           Apr 8, 2015  

Federal Reserve notes outstanding                                                            1,498,217  
  Less: Notes held by F.R. Banks not subject to collateralization                              179,509  
    Federal Reserve notes to be collateralized                                               1,318,707  
Collateral held against Federal Reserve notes                                                1,318,707  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,302,471  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,228,500  
  Less: Face value of securities under reverse repurchase agreements                           229,296  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,999,205  

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.