Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 820,759 + 4,950 + 35,870 821,478

Securities held outright 753,690 + 2,203 + 36,004 754,682

U.S. Treasury1 753,690 + 2,203 + 36,004 754,682

Bills2 274,142 0 + 11,137 274,142

Notes and bonds, nominal2 454,235 + 2,226 + 20,949 455,227

Notes and bonds, inflation-indexed2 22,196 0 + 3,088 22,196

Inflation compensation3 3,118 - 23 + 832 3,117

Federal agency2 0 0 0 0

Repurchase agreements4 29,036 + 1,500 + 2,465 27,750

Loans to depository institutions 34 - 11 - 47 38

Primary credit 6 + 1 - 58 4

Secondary credit 0 - 8 0 0

Seasonal credit 28 - 4 + 11 34

Float 213 + 687 - 724 1,343

Other Federal Reserve assets 37,787 + 571 - 1,827 37,664

Gold stock 11,044 0 + 2 11,044

Special drawing rights certificate account 2,200 0 0 2,200

Treasury currency outstanding5 36,652 + 14 + 106 36,652

Total factors supplying reserve funds 870,655 + 4,964 + 35,979 871,373

Currency in circulation5 787,224 - 1,391 + 35,362 788,672

Reverse repurchase agreements6 24,647 + 861 + 257 24,672

Foreign official and international accounts 24,647 + 861 + 257 24,672

Dealers 0 0 0 0

Treasury cash holdings 185 - 6 - 78 186

Deposits with F.R. Banks, other than reserve balances 13,442 + 69 - 793 13,816

U.S. Treasury, general account 5,080 + 75 - 119 5,427

Foreign official 83 - 1 0 85

Service-related 8,014 - 1 - 656 8,014

Required clearing balances 8,014 - 1 - 656 8,014

Adjustments to compensate for float 0 0 0 0

Other 265 - 4 - 18 290

Other liabilities and capital 32,316 + 302 + 4,736 32,011

Total factors, other than reserve balances,

absorbing reserve funds 857,815 - 164 + 39,485 859,357

Reserve balances with Federal Reserve Banks 12,840 + 5,128 - 3,506 12,017

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,579,836 + 7,476 + 201,149 1,582,293

U.S. Treasury 1,126,619 + 2,019 + 46,866 1,126,476

Federal agency 453,217 + 5,458 + 154,283 455,816

Securities lent to dealers 3,609 + 1,542 + 1,606 5,643

FEDERAL RESERVE statistical release

 March 2, 2006

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

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

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

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

5. Estimated.

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

7. Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

Change from week ended Wednesday

 Mar 1, 2006 Week ended

 Mar 1, 2006 Feb 22, 2006 Mar 2, 2005
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

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

5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

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

7. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

Assets

Gold certificate account 11,040 0 + 3

Special drawing rights certificate account 2,200 0 0

Coin 826 - 15 + 33

Securities, repurchase agreements, and loans 782,471 + 819 + 40,400

Securities held outright 754,682 + 2,133 + 37,187

U.S. Treasury1 754,682 + 2,133 + 37,187

Bills2 274,142 0 + 11,137

Notes and bonds, nominal2 455,227 + 2,149 + 22,131

Notes and bonds, inflation-indexed2 22,196 0 + 3,088

Inflation compensation3 3,117 - 16 + 831

Federal agency2 0 0 0

Repurchase agreements4 27,750 - 1,250 + 3,500

Loans 38 - 65 - 287

Items in process of collection (1,209) 8,125 - 2,317 + 746

Bank premises 1,821 + 1 + 30

Other assets5 35,921 + 380 - 1,794

Total assets (1,209) 842,403 - 1,133 + 39,417

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 753,028 - 297 + 35,876

Reverse repurchase agreements6 24,672 + 162 - 703

Deposits (0) 25,899 - 149 + 722

Depository institutions 20,097 - 1,272 + 209

U.S. Treasury, general account 5,427 + 1,093 + 521

Foreign official 85 - 3 + 2

Other (0) 290 + 33 - 11

Deferred availability cash items (1,209) 6,793 - 1,122 - 1,243

Other liabilities and accrued dividends7 4,364 + 38 + 1,331

Total liabilities (1,209) 814,756 - 1,367 + 35,982

Capital accounts

Capital paid in 13,739 + 23 + 1,217

Surplus 12,901 0 + 1,776

Other capital accounts 1,006 + 210 + 441

Total capital 27,646 + 233 + 3,433

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Mar 2, 2005

Eliminations from

consolidation Wednesday

 Mar 1, 2006

Wednesday

 Feb 22, 2006

3. Maturity Distribution of Loans and Securities, March 1, 2006

Millions of dollars

 Federal agency

securities

Weekly

changes Holdings

 U.S. Treasury

securities1

Holdings Weekly

changes

Loans Repurchase

agreements2

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

 . . . Not applicable.

1. 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.

2. Cash value of agreements classified by remaining maturity of the agreements.

Reverse

repurchase

agreements2

Within 15 days 11 48,410 - 9,148 0 0 27,750 24,672

16 days to 90 days 27 167,362 + 619 0 0 0 0

91 days to 1 year 0 190,678 + 10,128 0 0 . . . . . . 

Over 1 year to 5 years . . . 213,483 - 405 0 0 . . . . . . 

Over 5 years to 10 years . . . 54,953 + 22 0 0 . . . . . . 

Over 10 years . . . 79,796 + 917 0 0 . . . . . . 

All 38 754,682 + 2,133 0 0 27,750 24,672

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on March 1, 2006Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

AssetsGold certificate accountSpecial drawing rights certificate acct.CoinSecurities, repurchase agreements,

and loans

Securities held outright

U.S. Treasury1

Bills2Notes and bonds3

Federal agency2

Repurchase agreements4

Loans

Items in process of collectionBank premisesOther assets5Interdistrict settlement account

Total assets

Note: Components may not sum to totals because of rounding.1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.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 sec4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

 11,040 2,200 826 782,471 754,682 754,682 274,142 480,540 0 27,750 38 9,334 1,821 35,921 0 843,612

Assets, liabilities, and capital

 4,358 874 70 327,008 299,258 299,258 108,707 190,551 0 27,750 0 386 206 13,346 -31,580 314,667

 510 115 38 38,619 38,612 38,612 14,026 24,586 0 0 7 1,398 113 1,164 - 4,551 37,405

 432 83 48 26,772 26,772 26,772 9,725 17,047 0 0 0 420 54 1,583 + 6,257 35,648

 453 104 66 31,882 31,882 31,882 11,581 20,300 0 0 0 675 157 2,113 + 1,102 36,551

 836 147 78 57,595 57,595 57,595 20,922 36,673 0 0 0 390 152 6,444 + 7,393 73,035

 945 166 104 58,386 58,386 58,386 21,209 37,177 0 0 0 1,666 232 2,492 + 9,934 73,925

 928 212 99 67,987 67,963 67,963 24,688 43,275 0 0 24 1,012 210 2,494 - 2,537 70,404

 327 71 48 23,418 23,418 23,418 8,507 14,912 0 0 0 273 70 711 + 822 25,740

 2   15,7 15,7 15,7 5,7 10,0    3 1 6 - 2 16,8
 911,806

 158,778 753,028 753,028 11,040 2,200 739,789 0 782,432 24,703 757,729

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

LiabilitiesFederal Reserve notes outstanding

Less: notes held by F.R. Banks

Federal Reserve notes, net

Reverse repurchase agreements1

Deposits

Depository institutionsU.S. Treasury, general accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends2

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

Note: Components may not sum to totals because of rounding.1. Cash value of agreements, which are collateralized by U.S. Treasury securities.2. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

 911,806 158,778 753,028 24,672 25,899 20,097 5,427 85 290 8,003 4,364 815,966 13,739 12,901 1,006 843,612

 38,888 4,972 33,916 1,262 850 843 0 1 7 471 231 36,731 323 317 34 37,405

 326,653 46,537 280,116 9,783 14,670 9,017 5,427 56 170 895 1,537 307,001 3,695 3,685 286 314,667

 38,940 7,169 31,772 875 625 623 0 2 0 677 178 34,126 750 744 28 35,648

 37,049 5,360 31,688 1,042 891 886 0 3 1 677 212 34,511 999 1,013 27 36,551

 72,983 12,173 60,809 1,883 1,709 1,593 0 11 105 672 415 65,489 3,945 3,307 293 73,035

 88,006 21,347 66,659 1,909 1,828 1,825 0 3 0 1,110 358 71,864 1,035 892 133 73,925

 76,908 12,690 64,218 2,222 1,278 1,275 0 3 0 457 396 68,571 885 876 71 70,404

 27,796 3,902 23,894 766 427 422 0 0 4 191 160 25,438 144 144 14 25,740

 17,6 2,6 15,0 5 2 2    4 1 16,3 2 2  16,8

H.4.14. Statement of Condition of Each Federal Reserve Bank on March 1, 2006 (continued)Millions of dollars

Assets, liabilities, and capital

Federal Reserve notes outstanding

Less: Notes held by F.R. Banks

not subject to collateralization

Federal Reserve notes to be collateralized

Collateral held against Federal Reserve notes

Gold certificate accountSpecial drawing rights certificate accountU.S. Treasury and agency securities pledged1Other assets pledged

Memo:Total U.S. Treasury and agency securities1

Less: face value of securities under

reverse repurchase agreements

U.S. Treasury and agency securities

eligible to be pledged

5. Collateral Held against Federal Reserve Notes:Federal Reserve Agents' AccountsMillions of dollarsFederal Reserve notes and collateral Wednesday

 Mar 1, 2006

Note: Components may not sum to totals because of rounding.1. Includes face value of U.S. Treasury and agency securities held outright,

compensation to adjust for the effect of inflation on the original face value ofinflation-indexed securities, and cash value of repurchase agreements.