FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                November 19, 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  Nov 18, 2015 
Federal Reserve Banks                                     Nov 18, 2015 Nov 11, 2015 Nov 19, 2014              

Reserve Bank credit                                         4,460,481   +    7,207   -    1,851    4,448,985  
  Securities held outright (1)                              4,251,113   +   11,132   +   13,265    4,248,123  
    U.S. Treasury securities                                2,461,691   -       41   +       77    2,461,676  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,639            0   -       74    2,346,639  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +       65       98,534  
      Inflation compensation (3)                               16,518   -       41   +       85       16,503  
    Federal agency debt securities (2)                         33,803   -      343   -    5,897       32,944  
    Mortgage-backed securities (4)                          1,755,619   +   11,516   +   19,086    1,753,503  
  Unamortized premiums on securities held outright (5)        192,021   +      169   -   16,805      191,836  
  Unamortized discounts on securities held outright (5)       -16,786   +       34   +    1,824      -16,772  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           105   -       16   -       24          104  
    Primary credit                                                  4   +        3   -       11            5  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               101   -       18   -       13           99  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,713            0   +       34        1,713  
  Float                                                           209   +       63   +      821           31  
  Central bank liquidity swaps (8)                                149   +        8   +      149          150  
  Other Federal Reserve assets (9)                             31,957   -    4,182   -    1,115       23,800  
Foreign currency denominated assets (10)                       19,283   -       60   -    2,347       19,188  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             47,425   +       14   +    1,167       47,425  
                                                                                                              
Total factors supplying reserve funds                       4,543,430   +    7,161   -    3,031    4,531,840  

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 18, 2015 
Federal Reserve Banks                                     Nov 18, 2015 Nov 11, 2015 Nov 19, 2014              

Currency in circulation (11)                                 1,405,018   +    1,701   +   93,259    1,405,244 
Reverse repurchase agreements (12)                             269,292   -    3,678   +   46,582      313,730 
  Foreign official and international accounts                  193,639   -    1,314   +   92,395      191,769 
  Others                                                        75,653   -    2,365   -   45,813      121,961 
Treasury cash holdings                                             253   +       12   +       60          244 
Deposits with F.R. Banks, other than reserve balances          167,647   +   30,156   -  259,070      135,397 
  Term deposits held by depository institutions                      0            0   -  307,723            0 
  U.S. Treasury, General Account                               133,021   +   25,896   +   37,740      112,494 
  Foreign official                                               4,706   -      801   -      555        4,705 
  Other (13)                                                    29,919   +    5,060   +   11,467       18,199 
Other liabilities and capital (14)                              67,085   +      811   +    2,174       65,258 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,909,293   +   29,000   -  116,997    1,919,874 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,634,137   -   21,839   +  113,966    2,611,966 

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.                        
14. 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  Nov 18, 2015 
                                                          Nov 18, 2015 Nov 11, 2015 Nov 19, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,307,904   +    4,572   +      291    3,313,067 
  Marketable U.S. Treasury securities (1)                    2,987,340   +    4,965   +    6,154    2,993,071 
  Federal agency debt and mortgage-backed securities (2)       274,632   -      214   -    9,982      274,291 
  Other securities (3)                                          45,931   -      181   +    4,118       45,705 
Securities lent to dealers                                      14,888   -    2,279   +    5,355       14,889 
  Overnight facility (4)                                        14,888   -    2,279   +    5,355       14,889 
    U.S. Treasury securities                                    14,831   -    2,289   +    5,988       14,828 
    Federal agency debt securities                                  57   +       10   -      633           61 

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 18, 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                                          103             2             0             0             0           ...           104 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0         6,780       187,101     1,129,310       500,542       637,943     2,461,676 
  Weekly changes                        -      326    +    4,868    +    8,704    -      923    -   12,418    +       54    -       42 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         1,626        12,825        16,146             0         2,347        32,944 
  Weekly changes                        -    1,202             0             0             0             0             0    -    1,202 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           393         9,346     1,743,764     1,753,503 
  Weekly changes                                 0             0             0    -        1    +       69    +    9,332    +    9,400 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               150             0             0             0             0             0           150 
                                                                                                                                       
Reverse repurchase agreements (4)          313,730             0           ...           ...           ...           ...       313,730 
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 18, 2015  

Mortgage-backed securities held outright (1)                                                                             1,753,503  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           24,975  
Commitments to sell mortgage-backed securities (2)                                                                             529  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                  103  



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 18, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,713  
                                                                                                                                    
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, 2015. 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 18, 2015   Wednesday    Wednesday  
                                                        consolidation                Nov 11, 2015 Nov 19, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,889   +        4   +       30  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,423,291   +    8,287   -    3,110  
    Securities held outright (1)                                          4,248,123   +    8,156   +   11,913  
      U.S. Treasury securities                                            2,461,676   -       42   +       54  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,639            0   -       74  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +       65  
        Inflation compensation (3)                                           16,503   -       42   +       63  
      Federal agency debt securities (2)                                     32,944   -    1,202   -    6,756  
      Mortgage-backed securities (4)                                      1,753,503   +    9,400   +   18,614  
    Unamortized premiums on securities held outright  
    (5)                                                                     191,836   +      103   -   16,820  
    Unamortized discounts on securities held outright 
    (5)                                                                     -16,772   +       37   +    1,825  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       104   -        8   -       27  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,713            0   +       32  
  Items in process of collection                                   (0)          452   -      234   +      361  
  Bank premises                                                               2,232   +        1   -       33  
  Central bank liquidity swaps (8)                                              150   +        9   +      150  
  Foreign currency denominated assets (9)                                    19,188   -       70   -    2,421  
  Other assets (10)                                                          21,568   -   13,289   -    1,049  
                                                                                                               
Total assets                                                       (0)    4,486,721   -    5,291   -    6,038  

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 18, 2015   Wednesday    Wednesday  
                                                        consolidation                Nov 11, 2015 Nov 19, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,359,948   -      383   +   92,236 
  Reverse repurchase agreements (11)                                         313,730   +   36,731   +   46,730 
  Deposits                                                          (0)    2,747,364   -   39,641   -  146,974 
    Term deposits held by depository institutions                                  0            0   -  307,723 
    Other deposits held by depository institutions                         2,611,966   -   47,372   +  125,652 
    U.S. Treasury, General Account                                           112,494   +   16,045   +   32,860 
    Foreign official                                                           4,705   -      653   -      599 
    Other (12)                                                      (0)       18,199   -    7,660   +    2,836 
  Deferred availability cash items                                  (0)          421   -      306   -      257 
  Other liabilities and accrued dividends (13)                                 6,600   -    1,697   +      134 
                                                                                                               
Total liabilities                                                   (0)    4,428,063   -    5,297   -    8,130 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,329   +        3   +    1,046 
  Surplus                                                                     29,329   +        3   +    1,046 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,658   +        5   +    2,092 

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.                        
13. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      

 



6. Statement of Condition of Each Federal Reserve Bank, November 18, 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         347       3,709          340         505         783       1,600         734         299         171         288         891       1,370
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,889          46          76          129         129         301         192         274          31          43         151         192         325
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,423,291     112,126   2,655,293      110,012     106,344     240,239     249,100     164,349      46,131      26,958      57,466     142,490     512,783
    Securities held outright (1)               4,248,123     107,688   2,550,199      105,658     102,135     230,731     239,221     157,837      44,302      25,835      55,185     136,846     492,487
      U.S. Treasury securities                 2,461,676      62,402   1,477,774       61,226      59,185     133,702     138,622      91,462      25,672      14,971      31,978      79,299     285,383
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,676      62,402   1,477,774       61,226      59,185     133,702     138,622      91,462      25,672      14,971      31,978      79,299     285,383
      Federal agency debt securities (2)          32,944         835      19,777          819         792       1,789       1,855       1,224         344         200         428       1,061       3,819
      Mortgage-backed securities (4)           1,753,503      44,450   1,052,649       43,613      42,158      95,239      98,743      65,150      18,286      10,664      22,779      56,486     203,284
    Unamortized premiums on securities held 
      outright (5)                               191,836       4,863     115,161        4,771       4,612      10,419      10,803       7,128       2,001       1,167       2,492       6,180      22,240
    Unamortized discounts on securities     
      held outright (5)                          -16,772        -425     -10,068         -417        -403        -911        -944        -623        -175        -102        -218        -540      -1,944
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            104           0           1            0           0           0          22           8           4          58           6           5           1
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,713           0       1,713            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     452           0           0            0           0           0         452           0           0           0           0           0           0
  Bank premises                                    2,232         125         437           74         106         213         208         204         118          92         238         220         197
  Central bank liquidity swaps (8)                   150           7          48            8          12          34           9           4           1           1           2           2          22
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   19,188         870       6,187        1,072       1,496       4,402       1,092         515         179          81         202         276       2,817
  Other assets (10)                               21,568         588      12,439          548         530       1,333       1,218         809         312         162         328         791       2,510
  Interdistrict settlement account                     0  -    8,960  -  160,460   +    6,937  +   21,557  +   39,379  +    1,510  +   26,658  +   12,315  +    6,532  +    3,069  +   17,714  +   33,749
                                                                                                                                                                                                         
Total assets                                   4,486,721     105,345   2,521,261      119,331     130,916     287,097     256,034     193,971      59,536      34,130      61,895     162,860     554,347

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 18, 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            1,540,980      48,916     499,577      49,912      83,594     107,637     217,355     104,113      52,129      27,066      41,120     119,898     189,662
    Less: Notes held by F.R. Banks               181,032       5,819      64,700       6,252       9,160      12,371      21,252      10,574       4,836       2,839       4,514      13,792      24,923
      Federal Reserve notes, net               1,359,948      43,097     434,877      43,660      74,434      95,266     196,103      93,539      47,293      24,227      36,606     106,106     164,739
  Reverse repurchase agreements (11)             313,730       7,953     188,336       7,803       7,543      17,040      17,667      11,656       3,272       1,908       4,076      10,106      36,371
  Deposits                                     2,747,364      51,483   1,875,529      64,394      44,186     160,985      38,296      86,887       8,236       7,400      20,460      45,542     343,966
    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                           2,611,966      51,477   1,749,082      64,392      44,183     160,749      38,286      78,246       8,198       7,400      20,459      45,539     343,956
    U.S. Treasury, General Account               112,494           0     112,494           0           0           0           0           0           0           0           0           0           0
    Foreign official                               4,705           2       4,678           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    18,199           4       9,276           0           0         227           7       8,640          38           0           1           2           5
  Deferred availability cash items                   421           0           0           0           0           0         226           0           0         195           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (13)                         1,388          31         911          27          22          36          79          51          14           1          13          50         155
  Other liabilities and accrued             
     dividends                                     5,212         174       2,388         213         236         607         342         255         130         147         129         187         404
                                                                                                                                                                                                        
Total liabilities                              4,428,063     102,737   2,502,041     116,097     126,420     273,934     252,713     192,389      58,945      33,878      61,283     161,991     545,635
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,329       1,304       9,610       1,617       2,248       6,581       1,660         791         295         126         306         434       4,356
  Surplus                                         29,329       1,304       9,610       1,617       2,248       6,581       1,660         791         295         126         306         434       4,356
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,486,721     105,345   2,521,261     119,331     130,916     287,097     256,034     193,971      59,536      34,130      61,895     162,860     554,347

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 18, 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.  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.                               
13. 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:


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 18, 2015  

Federal Reserve notes outstanding                                                            1,540,980  
  Less: Notes held by F.R. Banks not subject to collateralization                              181,032  
    Federal Reserve notes to be collateralized                                               1,359,948  
Collateral held against Federal Reserve notes                                                1,359,948  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,343,711  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,248,123  
  Less: Face value of securities under reverse repurchase agreements                           299,987  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,948,136  

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.