FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                November 10, 2016


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   Nov 9, 2016 
Federal Reserve Banks                                      Nov 9, 2016  Nov 2, 2016 Nov 11, 2015              

Reserve Bank credit                                         4,414,728   +    1,971   -   38,546    4,415,454  
  Securities held outright (1)                              4,217,970   +       71   -   22,011    4,217,995  
    U.S. Treasury securities                                2,463,629   +       65   +    1,897    2,463,654  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,340,674   -      173   -    5,965    2,340,674  
      Notes and bonds, inflation-indexed (2)                  105,526   +      173   +    6,992      105,526  
      Inflation compensation (3)                               17,429   +       65   +      870       17,454  
    Federal agency debt securities (2)                         18,493            0   -   15,653       18,493  
    Mortgage-backed securities (4)                          1,735,848   +        5   -    8,255    1,735,848  
  Unamortized premiums on securities held outright (5)        175,503   -      333   -   16,349      175,402  
  Unamortized discounts on securities held outright (5)       -15,274   +       41   +    1,546      -15,263  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                            28   -       30   -       93           32  
    Primary credit                                                  1   -        3            0            0  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                27   -       26   -       92           32  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,708   +        2   -        5        1,708  
  Float                                                          -356   +      479   -      502         -538  
  Central bank liquidity swaps (8)                              1,000   -       15   +      859        1,000  
  Other Federal Reserve assets (9)                             34,149   +    1,756   -    1,990       35,118  
Foreign currency denominated assets (10)                       21,092   +      176   +    1,749       20,875  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             48,295   +       14   +      818       48,295  
                                                                                                              
Total factors supplying reserve funds                       4,500,356   +    2,161   -   35,979    4,500,864  

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   Nov 9, 2016 
Federal Reserve Banks                                      Nov 9, 2016  Nov 2, 2016 Nov 11, 2015              

Currency in circulation (11)                                 1,486,273   +    7,061   +   82,890    1,489,610 
Reverse repurchase agreements (12)                             370,188   -   24,943   +   97,218      363,349 
  Foreign official and international accounts                  235,190   -    4,515   +   40,237      232,356 
  Others                                                       134,998   -   20,428   +   56,980      130,993 
Treasury cash holdings                                             186   +        4   -       55          195 
Deposits with F.R. Banks, other than reserve balances          419,824   -   49,266   +  282,333      410,637 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               376,217   -   41,448   +  269,092      365,454 
  Foreign official                                               5,234   +       61   -      273        5,517 
  Other (13)                                                    38,372   -    7,881   +   13,513       39,666 
Other liabilities and capital (14)                              48,215   +    1,622   -   18,059       46,992 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,324,685   -   65,523   +  444,326    2,310,782 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,175,670   +   67,683   -  480,306    2,190,082 

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.  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, and designated financial market utilities. 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.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended   Nov 9, 2016 
                                                           Nov 9, 2016  Nov 2, 2016 Nov 11, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,111,376   -    8,965   -  191,956    3,114,260 
  Marketable U.S. Treasury securities (1)                    2,790,985   -    9,652   -  191,390    2,793,815 
  Federal agency debt and mortgage-backed securities (2)       259,861   +      444   -   14,985      259,750 
  Other securities (3)                                          60,530   +      244   +   14,418       60,695 
Securities lent to dealers                                      20,462   -      919   +    3,295       18,326 
  Overnight facility (4)                                        20,462   -      919   +    3,295       18,326 
    U.S. Treasury securities                                    20,436   -      920   +    3,316       18,295 
    Federal agency debt securities                                  26   +        1   -       21           31 

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, November 9, 2016    

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                                            7            26             0             0             0           ...            32 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                  13,573        32,691       148,239     1,198,574       435,177       635,400     2,463,654 
  Weekly changes                                 0    +        2    +        1    +       12    +       12    +       42    +       68 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         2,313         9,423         4,410             0         2,347        18,493 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0         1,582        11,198     1,723,068     1,735,848 
  Weekly changes                                 0             0             0             0    +      290    -      289    +        1 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)             1,000             0             0             0             0             0         1,000 
                                                                                                                                       
Reverse repurchase agreements (4)          363,349             0           ...           ...           ...           ...       363,349 
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   
                                                                                                                       Nov 9, 2016  

Mortgage-backed securities held outright (1)                                                                             1,735,848  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           55,178  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    4  



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   
                                                                                                                       Nov 9, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,708  
                                                                                                                                    
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 September 30, 2016. 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        Nov 9, 2016   Wednesday    Wednesday  
                                                        consolidation                 Nov 2, 2016 Nov 11, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,878   -        6   -        7  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,378,166   -      209   -   36,838  
    Securities held outright (1)                                          4,217,995   +       70   -   21,972  
      U.S. Treasury securities                                            2,463,654   +       68   +    1,936  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,340,674            0   -    5,965  
        Notes and bonds, inflation-indexed (2)                              105,526            0   +    6,992  
        Inflation compensation (3)                                           17,454   +       69   +      909  
      Federal agency debt securities (2)                                     18,493            0   -   15,653  
      Mortgage-backed securities (4)                                      1,735,848   +        1   -    8,255  
    Unamortized premiums on securities held outright  
    (5)                                                                     175,402   -      306   -   16,331  
    Unamortized discounts on securities held outright 
    (5)                                                                     -15,263   +       31   +    1,546  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                        32   -        3   -       80  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,708            0   -        5  
  Items in process of collection                                   (0)          105   +       30   -      581  
  Bank premises                                                               2,200   +        1   -       31  
  Central bank liquidity swaps (8)                                            1,000   -       15   +      859  
  Foreign currency denominated assets (9)                                    20,875   -      432   +    1,617  
  Other assets (10)                                                          32,918   +    2,630   -    1,939  
                                                                                                               
Total assets                                                       (0)    4,455,087   +    2,000   -   36,925  

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        Nov 9, 2016   Wednesday    Wednesday  
                                                        consolidation                 Nov 2, 2016 Nov 11, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,443,384   +    5,049   +   83,053 
  Reverse repurchase agreements (11)                                         363,349   -   51,589   +   86,350 
  Deposits                                                          (0)    2,600,719   +   48,537   -  186,286 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,190,082   +   52,873   -  469,256 
    U.S. Treasury, General Account                                           365,454   -    6,440   +  269,005 
    Foreign official                                                           5,517   +      345   +      159 
    Other (12)                                                      (0)       39,666   +    1,759   +   13,807 
  Deferred availability cash items                                  (0)          643   +      139   -       84 
  Other liabilities and accrued dividends (13)                                 6,746   -      193   -    1,551 
                                                                                                               
Total liabilities                                                   (0)    4,414,841   +    1,943   -   18,519 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,246   +       58   +      920 
  Surplus                                                                     10,000            0   -   19,326 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,246   +       58   -   18,407 

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.  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, and designated financial market utilities. 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.                               

 



6. Statement of Condition of Each Federal Reserve Bank, November 9, 2016
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         355       3,588          359         586         760       1,541         753         360         193         296         875       1,371
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,878          49          71          162         132         303         177         281          30          53         125         183         313
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,378,166     107,550   2,491,452      118,876     131,118     267,564     245,046     174,448      55,257      32,291      60,938     155,845     537,783
    Securities held outright (1)               4,217,995     103,616   2,400,322      114,528     126,322     257,777     236,078     168,066      53,234      31,097      58,703     150,138     518,113
      U.S. Treasury securities                 2,463,654      60,520   1,401,984       66,894      73,782     150,563     137,889      98,164      31,093      18,163      34,288      87,693     302,620
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,463,654      60,520   1,401,984       66,894      73,782     150,563     137,889      98,164      31,093      18,163      34,288      87,693     302,620
      Federal agency debt securities (2)          18,493         454      10,524          502         554       1,130       1,035         737         233         136         257         658       2,272
      Mortgage-backed securities (4)           1,735,848      42,642     987,814       47,132      51,986     106,084      97,154      69,165      21,908      12,798      24,158      61,787     213,221
    Unamortized premiums on securities held 
      outright (5)                               175,402       4,309      99,815        4,763       5,253      10,719       9,817       6,989       2,214       1,293       2,441       6,243      21,545
    Unamortized discounts on securities     
      held outright (5)                          -15,263        -375      -8,686         -414        -457        -933        -854        -608        -193        -113        -212        -543      -1,875
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                             32           0           0            0           0           0           5           2           1          13           6           6           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,708           0       1,708            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     105           0           0            0           0           0         104           0           0           0           0           0           0
  Bank premises                                    2,200         118         431           71         105         204         206         201         114          90         239         224         196
  Central bank liquidity swaps (8)                 1,000          44         330           55          76         223          56          27          10           4          10          13         152
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   20,875         922       6,889        1,148       1,590       4,655       1,159         559         214          89         208         265       3,175
  Other assets (10)                               32,918         847      18,255          900         992       2,171       1,862       1,330         510         274         514       1,214       4,050
  Interdistrict settlement account                     0  -   19,063  -   21,065   -    7,425  -    5,548  -    9,847  +    8,976  +    1,957  +    4,220  +    3,339  +    1,805  +   21,774  +   20,879
                                                                                                                                                                                                         
Total assets                                   4,455,087      91,019   2,503,476      114,356     129,287     266,445     259,780     179,980      60,865      36,424      64,289     180,673     568,493

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, November 9, 2016 (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            1,618,778      50,186     525,517      51,478      80,446     113,781     223,198     109,315      49,778      28,185      43,421     134,189     209,285
    Less: Notes held by F.R. Banks               175,394       6,205      45,064       6,552       9,396      13,844      26,944      11,503       5,475       3,111       5,717      15,495      26,089
      Federal Reserve notes, net               1,443,384      43,980     480,453      44,926      71,049      99,938     196,253      97,812      44,303      25,074      37,704     118,694     183,196
  Reverse repurchase agreements (11)             363,349       8,926     206,770       9,866      10,882      22,206      20,336      14,478       4,586       2,679       5,057      12,933      44,632
  Deposits                                     2,600,719      36,169   1,799,788      57,152      43,882     134,934      40,449      65,860      11,376       7,798      20,981      48,249     334,080
    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                           2,190,082      36,162   1,398,801      57,150      43,879     134,653      40,440      56,538      11,363       7,798      20,979      48,248     334,072
    U.S. Treasury, General Account               365,454           0     365,454           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,517           2       5,490           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    39,666           5      30,043           0           0         273           7       9,321          13           0           1           1           2
  Deferred availability cash items                   643           0           0           0           0           0          95           0           0         549           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,659          32       1,059          33          32          40          91          70          20          11          22          65         185
  Other liabilities and accrued             
     dividends                                     5,087         162       2,368         198         204         526         334         263         145         143         129         217         398
                                                                                                                                                                                                        
Total liabilities                              4,414,841      89,269   2,490,437     112,175     126,049     257,643     257,558     178,483      60,430      36,254      63,893     180,158     562,490
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,246       1,308       9,740       1,631       2,476       6,571       1,667       1,228         332         127         296         388       4,481
  Surplus                                         10,000         442       3,299         550         762       2,230         555         268         103          43         100         127       1,521
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,455,087      91,019   2,503,476     114,356     129,287     266,445     259,780     179,980      60,865      36,424      64,289     180,673     568,493

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, November 9, 2016 (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.  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, and designated financial market utilities. 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 $10 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).

                                                                                 



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                           Nov 9, 2016  

Federal Reserve notes outstanding                                                            1,618,778  
  Less: Notes held by F.R. Banks not subject to collateralization                              175,394  
    Federal Reserve notes to be collateralized                                               1,443,384  
Collateral held against Federal Reserve notes                                                1,443,384  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,427,147  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,217,995  
  Less: Face value of securities under reverse repurchase agreements                           340,522  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,877,473  

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.