Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 852,998 - 4,235 + 23,986 853,783

Securities held outright 779,636 - 3 + 10,749 779,635

U.S. Treasury1 779,636 - 3 + 10,749 779,635

Bills2 267,019 0 - 10,000 267,019

Notes and bonds, nominal2 472,142 0 + 10,351 472,142

Notes and bonds, inflation-indexed2 35,753 0 + 9,734 35,753

Inflation compensation3 4,723 - 2 + 664 4,722

Federal agency2 0 0 0 0

Repurchase agreements4 30,179 - 3,178 + 10,750 32,750

Loans to depository institutions 2,421 - 737 + 2,066 1,359

Primary credit 2,179 - 753 + 2,168 1,115

Secondary credit 0 0 0 0

Seasonal credit 241 + 15 - 104 244

Float 622 - 716 - 218 -133

Other Federal Reserve assets 40,140 + 399 + 638 40,172

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding5 38,639 + 14 + 584 38,639

Total factors supplying reserve funds 904,878 - 4,221 + 24,570 905,663

Currency in circulation5 809,915 - 3,036 + 17,420 810,587

Reverse repurchase agreements6 35,735 + 1,444 + 8,238 36,225

Foreign official and international accounts 35,735 + 1,444 + 8,238 36,225

Dealers 0 0 0 0

Treasury cash holdings 339 - 3 + 174 333

Deposits with F.R. Banks, other than reserve balances 12,432 + 702 - 1,034 11,419

U.S. Treasury, general account 5,416 + 661 - 697 4,455

Foreign official 105 + 8 + 16 98

Service-related 6,653 + 41 - 316 6,653

Required clearing balances 6,653 + 41 - 316 6,653

Adjustments to compensate for float 0 0 0 0

Other 258 - 7 - 36 213

Other liabilities and capital 40,897 - 167 + 4,958 40,362

Total factors, other than reserve balances,

absorbing reserve funds 899,317 - 1,061 + 29,755 898,925

Reserve balances with Federal Reserve Banks 5,561 - 3,160 - 5,185 6,738

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,987,499 + 6,178 + 314,060 1,995,252

U.S. Treasury 1,210,997 + 3,855 + 78,514 1,216,199

Federal agency 776,502 + 2,322 + 235,546 779,052

Securities lent to dealers 2,177 - 3,342 + 1,646 2,613

FEDERAL RESERVE statistical release

 September 20, 2007

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

 Sep 19, 2007 Week ended

 Sep 19, 2007 Sep 12, 2007 Sep 20, 2006
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 11,037 0 0

Special drawing rights certificate account 2,200 0 0

Coin 1,090 + 41 + 253

Securities, repurchase agreements, and loans 813,744 - 18,279 + 29,486

Securities held outright 779,635 - 3 + 10,740

U.S. Treasury1 779,635 - 3 + 10,740

Bills2 267,019 0 - 10,000

Notes and bonds, nominal2 472,142 0 + 10,351

Notes and bonds, inflation-indexed2 35,753 0 + 9,734

Inflation compensation3 4,722 - 2 + 655

Federal agency2 0 0 0

Repurchase agreements4 32,750 - 12,250 + 17,750

Loans 1,359 - 6,027 + 996

Items in process of collection (883) 3,282 - 462 - 1,035

Bank premises 2,086 + 4 + 198

Other assets5 38,146 + 75 + 491

Total assets (883) 871,586 - 18,620 + 29,395

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 773,367 - 2,040 + 17,697

Reverse repurchase agreements6 36,225 + 2,735 + 7,726

Deposits (0) 18,218 - 19,002 + 563

Depository institutions 13,452 - 18,229 + 1,375

U.S. Treasury, general account 4,455 - 733 - 761

Foreign official 98 + 1 + 13

Other (0) 213 - 41 - 63

Deferred availability cash items (883) 3,414 + 18 - 1,287

Other liabilities and accrued dividends7 6,033 - 55 + 588

Total liabilities (883) 837,257 - 18,344 + 25,287

Capital accounts

Capital paid in 16,968 - 6 + 1,911

Surplus 15,425 + 1 + 2,524

Other capital accounts 1,936 - 271 - 326

Total capital 34,329 - 276 + 4,109

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Sep 20, 2006

Eliminations from

consolidation Wednesday

 Sep 19, 2007

Wednesday

 Sep 12, 2007

3. Maturity Distribution of Loans and Securities, September 19, 2007

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 1,353 50,839 + 5,769 0 0 32,750 36,225

16 days to 90 days 6 157,527 - 5,360 0 0 0 0

91 days to 1 year 0 173,753 + 1,057 0 0 . . . . . . 

Over 1 year to 5 years . . . 235,828 - 1,468 0 0 . . . . . . 

Over 5 years to 10 years . . . 75,489 0 0 0 . . . . . . 

Over 10 years . . . 86,199 - 1 0 0 . . . . . . 

All 1,359 779,635 - 3 0 0 32,750 36,225

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on September 19, 2007Millions 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.

 11,037 2,200 1,090 813,744 779,635 779,635 267,019 512,617 0 32,750 1,359 4,165 2,086 38,146 0 872,469

Assets, liabilities, and capital

 4,053 874 63 294,712 282,304 282,304 96,687 185,617 0 11,859 550 -123 217 11,787 + 7,824 319,406

 449 115 29 37,439 35,930 35,930 12,306 23,624 0 1,509 0 151 119 1,264 - 4,331 35,236

 455 83 73 35,949 34,491 34,491 11,813 22,678 0 1,449 9 384 57 3,252 - 980 39,273

 428 104 100 33,245 31,905 31,905 10,927 20,978 0 1,340 0 455 155 2,207 - 1,501 35,193

 869 147 116 70,937 67,549 67,549 23,135 44,414 0 2,838 550 279 176 7,252 + 2,519 82,295

 1,117 166 156 75,349 72,309 72,309 24,765 47,544 0 3,037 2 961 230 3,230 + 3,667 84,876

 903 212 120 68,188 65,393 65,393 22,397 42,997 0 2,747 47 302 206 2,466 + 1 72,398

 326 71 46 26,018 24,918 24,918 8,534 16,384 0 1,047 53 504 102 771 - 521 27,317

 2   16,2 15,5 15,5 5,3 10,2  6  2 1 7 - 1,5 16,1
 998,826

 225,459 773,367 773,367 11,037 2,200 760,130 0 812,385 36,276 776,110

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.

 998,826 225,459 773,367 36,225 18,218 13,452 4,455 98 213 4,297 6,033 838,140 16,968 15,425 1,936 872,469

 37,080 5,901 31,179 1,669 520 518 0 1 1 261 268 33,898 847 396 94 35,236

 361,844 73,349 288,494 13,117 7,072 2,394 4,455 68 155 99 1,830 310,611 4,289 3,816 690 319,406

 40,896 8,149 32,747 1,603 490 486 0 5 0 513 281 35,634 1,809 1,811 18 39,273

 38,171 8,914 29,257 1,482 1,635 1,630 0 3 1 519 275 33,168 917 1,087 21 35,193

 81,466 15,077 66,390 3,139 2,229 2,165 0 11 53 302 877 72,937 4,661 4,098 600 82,295

 111,271 34,660 76,612 3,360 1,353 1,349 0 3 0 439 554 82,316 1,229 1,277 53 84,876

 79,945 14,936 65,009 3,038 1,661 1,659 0 2 0 354 485 70,549 904 860 85 72,398

 29,196 4,162 25,034 1,158 277 276 0 0 1 253 224 26,947 176 167 28 27,317

 17,2 3,2 13,9 7 2 2    2 1 15,3 3 2  16,1

H.4.14. Statement of Condition of Each Federal Reserve Bank on September 19, 2007 (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

 Sep 19, 2007

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.