FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks December 8, 2016

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Dec 7, 2016 Nov 30, 2016 Dec 9, 2015

Wednesday

Dec 7, 2016

Reserve Bank credit 4,409,458 - 1,474 - 32,167 4,410,086

Securities held outright1 4,222,996 - 2,625 - 16,333 4,222,666

U.S. Treasury securities 2,463,826 - 7 + 2,232 2,463,496

Bills2 0 0 0 0

Notes and bonds, nominal2 2,339,446 - 1,061 - 7,193 2,339,103

Notes and bonds, inflation-indexed2 106,697 + 1,004 + 8,163 106,697

Inflation compensation3 17,683 + 51 + 1,262 17,696

Federal agency debt securities2 18,493 0 - 14,451 18,493

Mortgage-backed securities4 1,740,677 - 2,618 - 4,114 1,740,677

Unamortized premiums on securities held outright5 174,566 - 421 - 16,061 174,450

Unamortized discounts on securities held outright5 -15,209 - 4 + 1,477 -15,197

Repurchase agreements6 8 + 8 + 8 59

Loans 37 - 1 - 39 79

Primary credit 14 + 6 + 12 55

Secondary credit 0 0 0 0

Seasonal credit 22 - 8 - 52 24

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,707 + 6 - 9 1,707

Float -396 + 211 - 680 -388

Central bank liquidity swaps8 1,329 + 152 + 1,193 1,329

Other Federal Reserve assets9 24,419 + 1,198 - 1,725 25,380

Foreign currency denominated assets10 19,892 + 61 + 388 19,982

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 5,200 0 0 5,200

Treasury currency outstanding11 48,436 + 14 + 887 48,436

Total factors supplying reserve funds 4,494,027 - 1,399 - 30,892 4,494,745

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Dec 7, 2016 Nov 30, 2016 Dec 9, 2015

Wednesday

Dec 7, 2016

Currency in circulation11 1,494,520 - 217 + 83,730 1,497,338

Reverse repurchase agreements12 415,682 + 26,333 + 150,782 423,548

Foreign official and international accounts 243,884 - 5,938 + 53,874 237,736

Others 171,798 + 32,270 + 96,908 185,812

Treasury cash holdings 162 - 4 - 89 160

Deposits with F.R. Banks, other than reserve balances 392,670 - 75,518 + 134,813 392,957

Term deposits held by depository institutions 0 0 - 43,832 0

U.S. Treasury, General Account 343,355 - 66,005 + 156,731 344,032

Foreign official 5,167 - 8 - 90 5,167

Other13 44,148 - 9,505 + 22,003 43,758

Other liabilities and capital14 47,014 + 712 - 20,237 47,140

Total factors, other than reserve balances,

absorbing reserve funds 2,350,048 - 48,694 + 349,000 2,361,144

Reserve balances with Federal Reserve Banks 2,143,979 + 47,295 - 379,891 2,133,602

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.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Memorandum item Week ended Change from week ended

Dec 7, 2016 Nov 30, 2016 Dec 9, 2015

Wednesday

Dec 7, 2016

Securities held in custody for foreign official and international

accounts 3,138,938 + 12,140 - 178,995 3,140,986

Marketable U.S. Treasury securities1 2,813,433 + 10,781 - 186,347 2,815,607

Federal agency debt and mortgage-backed securities2 265,528 + 1,103 - 6,486 265,419

Other securities3 59,976 + 255 + 13,837 59,960

Securities lent to dealers 26,073 + 3,859 + 13,097 24,230

Overnight facility4 26,073 + 3,859 + 13,097 24,230

U.S. Treasury securities 26,047 + 3,848 + 13,201 24,205

Federal agency debt securities 27 + 12 - 104 25

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, December 7, 2016

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans 60 19 0 0 0 ... 79

U.S. Treasury securities1

Holdings 0 42,494 146,820 1,241,832 399,255 633,096 2,463,496

Weekly changes 0 + 1 0 + 6 - 393 + 22 - 365

Federal agency debt securities2

Holdings 2,313 2,851 8,938 2,044 0 2,347 18,493

Weekly changes + 1,269 - 1,269 0 0 0 0 0

Mortgage-backed securities3

Holdings 0 0 0 76 10,862 1,729,740 1,740,677

Weekly changes 0 0 0 + 5 + 179 - 180 + 3

Repurchase agreements4 59 0 ... ... ... ... 59

Central bank liquidity swaps5 1,329 0 0 0 0 0 1,329

Reverse repurchase agreements4 423,548 0 ... ... ... ... 423,548

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.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday Account name Dec 7, 2016

Mortgage-backed securities held outright1 1,740,677

Commitments to buy mortgage-backed securities2 47,109

Commitments to sell mortgage-backed securities2 77

Cash and cash equivalents3 1

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

Wednesday Account name Dec 7, 2016

Net portfolio holdings of Maiden Lane LLC1 1,707

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 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.
H.4.1

5. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Dec 7, 2016 Nov 30, 2016 Dec 9, 2015

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,849 + 20 - 38

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,382,058 - 560 - 31,195

Securities held outright1 4,222,666 - 362 - 16,664

U.S. Treasury securities 2,463,496 - 365 + 1,907

Bills2 0 0 0

Notes and bonds, nominal2 2,339,103 - 400 - 7,536

Notes and bonds, inflation-indexed2 106,697 0 + 8,163

Inflation compensation3 17,696 + 35 + 1,280

Federal agency debt securities2 18,493 0 - 14,451

Mortgage-backed securities4 1,740,677 + 3 - 4,119

Unamortized premiums on securities held outright5 174,450 - 329 - 16,068

Unamortized discounts on securities held outright5 -15,197 + 32 + 1,478

Repurchase agreements6 59 + 59 + 59

Loans 79 + 39 - 2

Net portfolio holdings of Maiden Lane LLC7 1,707 0 - 8

Items in process of collection (0) 77 + 20 - 289

Bank premises 2,199 - 11 - 30

Central bank liquidity swaps8 1,329 - 11 + 1,193

Foreign currency denominated assets9 19,982 + 244 + 313

Other assets10 23,181 + 2,610 - 1,761

Total assets (0) 4,448,618 + 2,311 - 31,818

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Dec 7, 2016 Nov 30, 2016 Dec 9, 2015

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,450,907 + 2,276 + 83,565

Reverse repurchase agreements11 423,548 - 39,143 + 139,718

Deposits (0) 2,526,559 + 38,589 - 235,671

Term deposits held by depository institutions 0 0 - 43,832

Other deposits held by depository institutions 2,133,602 + 118,289 - 376,413

U.S. Treasury, General Account 344,032 - 78,002 + 168,286

Foreign official 5,167 - 2 - 262

Other12 (0) 43,758 - 1,696 + 16,550

Deferred availability cash items (0) 464 - 973 + 141

Other liabilities and accrued dividends13 6,741 + 1,541 - 1,271

Total liabilities (0) 4,408,219 + 2,291 - 13,518

Capital accounts

Capital paid in 30,399 + 20 + 1,049

Surplus 10,000 0 - 19,350

Other capital accounts 0 0 0

Total capital 40,399 + 20 - 18,301

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.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, December 7, 2016

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas 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 1,849 46 66 160 134 304 178 275 29 50 113 187 308

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,382,058 107,644 2,493,640 118,980 131,234 267,799 245,256 174,605 55,309 32,313 60,992 155,978 538,306

Securities held outright1 4,222,666 103,731 2,402,980 114,655 126,462 258,063 236,339 168,252 53,293 31,132 58,768 150,305 518,686

U.S. Treasury securities 2,463,496 60,516 1,401,895 66,889 73,778 150,553 137,880 98,158 31,091 18,162 34,285 87,688 302,601

Bills2 0 0 0 0 0 0 0 0 0 0 0 0 0

Notes and bonds3 2,463,496 60,516 1,401,895 66,889 73,778 150,553 137,880 98,158 31,091 18,162 34,285 87,688 302,601

Federal agency debt securities2 18,493 454 10,524 502 554 1,130 1,035 737 233 136 257 658 2,272

Mortgage-backed securities4 1,740,677 42,760 990,562 47,263 52,130 106,379 97,424 69,357 21,969 12,833 24,226 61,959 213,814

Unamortized premiums on securities 

held outright5 174,450 4,285 99,274 4,737 5,224 10,661 9,764 6,951 2,202 1,286 2,428 6,210 21,428

Unamortized discounts on securities 

held outright5 -15,197 -373 -8,648 -413 -455 -929 -851 -606 -192 -112 -211 -541 -1,867

Repurchase agreements6 59 1 34 2 2 4 3 2 1 0 1 2 7

Loans 79 0 0 0 1 0 0 6 5 7 7 3 51

Net portfolio holdings of Maiden

Lane LLC7 1,707 0 1,707 0 0 0 0 0 0 0 0 0 0

Items in process of collection 77 0 0 0 0 0 76 0 0 1 0 0 0

Bank premises 2,199 117 432 72 105 204 206 200 114 90 239 223 195

Central bank liquidity swaps8 1,329 59 438 73 101 296 74 36 14 6 13 17 202

Foreign currency denominated

assets9 19,982 883 6,595 1,099 1,522 4,456 1,109 536 205 85 199 253 3,039

Other assets10 23,181 600 12,687 630 694 1,565 1,317 930 500 192 368 853 2,846

Interdistrict settlement account 0 - 22,931 - 30,789 - 10,148 - 8,346 - 13,402 + 15,928 + 19,566 + 3,853 + 3,313 + 1,620 + 22,326 + 19,011

Total assets 4,448,618 86,969 2,490,183 111,436 126,266 262,394 266,339 197,325 60,532 36,333 63,993 180,995 565,853

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, December 7, 2016 (continued)

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco

Liabilities

Federal Reserve notes outstanding 1,634,216 51,019 534,589 51,986 80,522 116,057 222,916 109,328 49,797 28,372 44,317 135,607 209,705

Less: Notes held by F.R. Banks 183,309 5,898 52,380 6,446 9,107 13,693 26,736 11,605 5,447 3,046 5,871 16,110 26,970

Federal Reserve notes, net 1,450,907 45,121 482,209 45,541 71,415 102,364 196,180 97,722 44,350 25,325 38,446 119,497 182,735

Reverse repurchase agreements11 423,548 10,405 241,027 11,500 12,685 25,885 23,706 16,876 5,346 3,123 5,895 15,076 52,026

Deposits 2,526,559 29,478 1,750,704 51,954 38,651 124,671 43,593 80,888 10,232 7,191 19,103 45,627 324,466

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 2,133,602 29,473 1,371,804 51,952 38,648 124,442 43,584 67,116 10,213 7,191 19,102 45,626 324,451

U.S. Treasury, General Account 344,032 0 344,032 0 0 0 0 0 0 0 0 0 0

Foreign official 5,167 2 5,141 2 3 9 2 1 0 0 0 1 6

Other12 43,758 3 29,727 0 0 220 7 13,770 19 0 1 1 8

Deferred availability cash items 464 0 0 0 0 0 93 0 0 371 0 0 0

Earnings remittances due to the U.S.

Treasury13 2,263 60 1,238 67 80 172 133 86 27 15 29 77 279

Other liabilities and accrued

dividends 4,479 144 1,959 187 194 497 303 249 141 136 124 201 343

Total liabilities 4,408,219 85,207 2,477,137 109,249 123,024 253,588 264,008 195,822 60,097 36,162 63,597 180,479 559,849

Capital

Capital paid in 30,399 1,320 9,747 1,637 2,480 6,575 1,776 1,235 333 128 296 389 4,483

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 4,448,618 86,969 2,490,183 111,436 126,266 262,394 266,339 197,325 60,532 36,333 63,993 180,995 565,853

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, December 7, 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).
H.4.1

7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents’ Accounts

Millions of dollars

Wednesday Federal Reserve notes and collateral Dec 7, 2016

Federal Reserve notes outstanding 1,634,216

Less: Notes held by F.R. Banks not subject to collateralization 183,309

Federal Reserve notes to be collateralized 1,450,907

Collateral held against Federal Reserve notes 1,450,907

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,434,670

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 4,222,725

Less: Face value of securities under reverse repurchase agreements 408,162

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,814,563

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.