FEDERAL RESERVE statistical release

For Release at
4:30 P.M. Eastern time
June 4, 2020

The Board's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks," has been modified to include information related to Main Street
Lending Program (MSLP). Under the MSLP, the Federal Reserve Bank of Boston (FRBB) is operating three
facilities: Main Street New Loan Facility, Main Street Priority Loan Facility, and Main Street Expanded Loan Facility.
These facilities operate through the MS Facilities LLC (MSF LLC), a special purpose vehicle that was formed to
help ensure credit flows to small and medium-sized businesses.                                              

On April 30, 2020, the Federal Reserve announced the MSLP. On June 1, 2020, the Federal Reserve Bank of New
York (FRBNY) received Treasury's equity contribution for the MSLP program on behalf of the FRBB.            

Consistent with generally accepted accounting principles, the assets and liabilities of MSF LLC have been
consolidated with the assets and liabilities of the FRBB in the preparation of the statements of condition shown
on the release because the FRBB is the managing member of MSF LLC. The net portfolio holdings of MSF LLC
appear as an asset in the statement of condition of the FRBB (table 5), the consolidated statement of condition of
all Federal Reserve Banks (table 4), and factors affecting reserve balances of depository institutions (table
1). The amount provided by the U.S. Treasury as credit protection for the MSF LLC is included in "Treasury
contributions to credit facilities" in tables 1, 4, and 5.                                                  

On May 29, 2020, pursuant to the Municipal Liquidity Facility LLC (MLF LLC) agreements, 85% of the
Treasury's equity contributions were invested in nonmarketable Treasury securities and reported in "Net portfolio
holdings of Municipal Liquidity Facility LLC" in tables 1, 4, and 5. As of June 3, 2020, the MLF LLC executed its
first transaction. Upon settlement, FRBNY will extend a loan.   

FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                     June 4, 2020


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   Jun 3, 2020 
Federal Reserve Banks                                      Jun 3, 2020 May 27, 2020  Jun 5, 2019              

Reserve Bank credit                                         7,101,184   +   41,623   +3,293,027    7,126,020  
  Securities held outright (1)                              5,960,109   +    1,384   +2,291,923    5,972,297  
    U.S. Treasury securities                                4,122,441   +   21,333   +2,012,008    4,134,356  
      Bills (2)                                               326,044            0   +  325,994      326,044  
      Notes and bonds, nominal (2)                          3,501,424   +   19,743   +1,530,255    3,512,424  
      Notes and bonds, inflation-indexed (2)                  258,194   +    1,600   +  141,843      259,151  
      Inflation compensation (3)                               36,779   -       10   +   13,916       36,737  
    Federal agency debt securities (2)                          2,347            0            0        2,347  
    Mortgage-backed securities (4)                          1,835,322   -   19,948   +  279,917    1,835,594  
  Unamortized premiums on securities held outright (5)        305,015   +      406   +  172,552      305,269  
  Unamortized discounts on securities held outright (5)        -5,487   +       57   +    7,518       -5,504  
  Repurchase agreements (6)                                   199,714   +   24,784   +  199,714      211,550  
    Foreign official                                                0   -        1            0            0  
    Others                                                    199,714   +   24,785   +  199,714      211,550  
  Loans                                                       104,441   -    2,865   +  104,330      101,956  
    Primary credit                                             13,731   -    5,100   +   13,661       11,011  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                 5   +        3   -       37            9  
    Primary Dealer Credit Facility                              5,782   -    1,179   +    5,782        5,847  
    Money Market Mutual Fund Liquidity Facility                31,661   -    2,660   +   31,661       29,859  
    Paycheck Protection Program Liquidity Facility             53,262   +    6,070   +   53,262       55,230  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Commercial Paper Funding      
    Facility II LLC (7)                                        12,794   +    1,216   +   12,794       12,795  
  Net portfolio holdings of Corporate Credit Facilities   
  LLC (7)                                                      35,572   +    5,720   +   35,572       36,154  
  Net portfolio holdings of MS Facilities LLC (Main       
    Street Lending Program) (7)                                     0            0            0            0  
  Net portfolio holdings of Municipal Liquidity           
  Facility LLC (7)                                             12,921   +   12,921   +   12,921       16,075  
  Float                                                          -580   -      368   -      113         -718  
  Central bank liquidity swaps (8)                            447,244   -    1,492   +  447,227      446,945  
  Other Federal Reserve assets (9)                             29,441   -      140   +    8,589       29,200  
Foreign currency denominated assets (10)                       20,735   +      210   -       59       20,768  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             50,345   +       14   +      437       50,345  
                                                                                                              
Total factors supplying reserve funds                       7,188,505   +   41,847   +3,293,405    7,213,375  

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   Jun 3, 2020 
Federal Reserve Banks                                      Jun 3, 2020 May 27, 2020  Jun 5, 2019              

Currency in circulation (11)                                 1,949,802   +    5,584   +  211,159    1,952,420 
Reverse repurchase agreements (12)                             253,072   +    7,566   -   26,641      246,054 
  Foreign official and international accounts                  252,214   +    7,327   -   26,214      246,041 
  Others                                                           857   +      238   -      428           13 
Treasury cash holdings                                             199   -       40   -       44          156 
Deposits with F.R. Banks, other than reserve balances        1,616,614   +   31,049   +1,322,531    1,603,262 
  Term deposits held by depository institutions                      0            0   -    2,700            0 
  U.S. Treasury, General Account                             1,434,823   +  124,332   +1,211,185    1,431,462 
  Foreign official                                              16,277   +       31   +   11,032       16,281 
  Other (13)                                                   165,514   -   93,314   +  103,013      155,519 
Treasury contributions to credit facilities (14)                82,571   +   28,571   +   82,571      104,000 
Other liabilities and capital (15)                              48,786   -      199   +    3,458       50,048 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  3,951,044   +   72,531   +1,593,034    3,955,940 
                                                                                                              
Reserve balances with Federal Reserve Banks                  3,237,461   -   30,683   +1,700,372    3,257,435 

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 securities, Federal agency debt
    securities, and mortgage-backed securities, amortization is on an effective-interest basis.         
6.  Cash value of agreements.                                                                               
7.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury      
    contributions to the facility. Refer to 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.  Includes bank premises, accrued interest, and other accounts receivable. Also includes net              
    portfolio holdings of Maiden Lane LLC.                                                              
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, designated financial market utilities, and deposits held by depository
    institutions in joint accounts in connection with their participation in certain private-sector payment
    arrangements. 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. Book value. Amount of equity investments in Commercial Paper Funding Facility II LLC of $10             
    billion, Corporate Credit Facilities LLC of $37.5 billion, MS Facilities LLC of $37.5 billion, and Municipal
    Liquidity Facility LLC of $17.5 billion, and credit protection in the Money Market Mutual Fund      
    Liquidity Facility of $1.5 billion.                                                                 
15. Includes the liability for earnings remittances due to the U.S. Treasury.                               
                                                                                                            



Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended   Jun 3, 2020 
                                                           Jun 3, 2020 May 27, 2020  Jun 5, 2019              

Securities held in custody for foreign official and       
     international accounts                                  3,389,775   -    1,461   -   53,633    3,401,036 
  Marketable U.S. Treasury securities (1)                    2,927,283   +    2,308   -  106,974    2,938,575 
  Federal agency debt and mortgage-backed securities (2)       377,333   -    3,508   +   44,764      377,355 
  Other securities (3)                                          85,159   -      261   +    8,577       85,107 
Securities lent to dealers                                      30,379   -    2,315   -    1,059       34,387 
  Overnight facility (4)                                        30,379   -    2,315   -    1,059       34,387 
    U.S. Treasury securities                                    30,379   -    2,315   -    1,059       34,387 
    Federal agency debt securities                                   0            0            0            0 

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, 4, and 5.     
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, June 3, 2020
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 (1)                                    9,896        26,253        10,577        55,230             0           ...       101,956 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                  49,583       283,619       589,247     1,575,173       719,393       917,341     4,134,356 
  Weekly changes                        -    6,025    +    4,580    +   25,027    -    2,379    -      522    +    4,164    +   24,844 
Federal agency debt securities (3)                                                                                                     
  Holdings                                       0             0             0             0         1,436           911         2,347 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0             5         2,230        80,883     1,752,477     1,835,594 
  Weekly changes                                 0             0    +        1    +       13    +      134    +      337    +      484 
Commercial paper held by Commercial                                                                                                    
  Paper Funding Facility II LLC (5)              0         4,255             0           ...           ...           ...         4,255 
Loan participations held by MS                                                                                                         
  Facilities LLC (Main Street Lending                                                                                                   
  Program) (6)                                   0             0             0             0           ...           ...             0 
Repurchase agreements (7)                  190,250        21,300           ...           ...           ...           ...       211,550 
Central bank liquidity swaps (8)           231,608       215,338             0             0             0             0       446,945 
Reverse repurchase agreements (7)          246,054             0           ...           ...           ...           ...       246,054 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Loans includes primary, secondary, and seasonal loans and credit extended through the Primary           
    Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, Paycheck Protection Program Liquidity
    Facility, and other credit extensions. Loans exclude the loans from the Federal Reserve Bank of New 
    York (FRBNY) to Commercial Paper Funding Facility II LLC, Corporate Credit Facilities LLC, and      
    Municipal Liquidity Facility LLC, and from the Federal Reserve Bank of Boston (FRBB) to MS Facilities LLC,
    which were eliminated when preparing the FRBNY's and FRBB's statement of condition, respectively,   
    consistent with consolidation under generally accepted accounting principles.                       
2.  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.             
3.  Face value.                                                                                             
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Face value of commercial paper held by Commercial Paper Funding Facility II LLC.                        
6.  Face value of the loan participations held by the MS Facilities LLC.                                    
7.  Cash value of agreements.                                                                               
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.     






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                       Jun 3, 2020  

Mortgage-backed securities held outright (1)                                                                             1,835,594  
  Residential mortgage-backed securities                                                                                 1,826,489  
  Commercial mortgage-backed securities                                                                                      9,106  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                          142,439  
Commitments to sell mortgage-backed securities (2)                                                                              20  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   33  



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. Includes residential and commercial mortgage-backed securities. Residential         
    mortgage-backed securities generally settle within 180 calendar days and include commitments associated
    with outright transactions, dollar rolls, and coupon swaps. Commercial mortgage-backed securities   
    generally settle within three business days.                                                        
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 4       
    and table 5.                                                                                        







4. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from        Jun 3, 2020   Wednesday    Wednesday  
                                                        consolidation                May 27, 2020  Jun 5, 2019 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,434   -       13   -      226  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     6,585,568   +   51,846   +2,798,622  
    Securities held outright (1)                                          5,972,297   +   25,328   +2,304,760  
      U.S. Treasury securities                                            4,134,356   +   24,844   +2,024,571  
        Bills (2)                                                           326,044            0   +  325,994  
        Notes and bonds, nominal (2)                                      3,512,424   +   23,250   +1,542,154  
        Notes and bonds, inflation-indexed (2)                              259,151   +    1,700   +  142,635  
        Inflation compensation (3)                                           36,737   -      106   +   13,789  
      Federal agency debt securities (2)                                      2,347            0            0  
      Mortgage-backed securities (4)                                      1,835,594   +      484   +  280,189  
    Unamortized premiums on securities held outright  
    (5)                                                                     305,269   +    1,013   +  172,912  
    Unamortized discounts on securities held outright 
    (5)                                                                      -5,504   -        4   +    7,490  
    Repurchase agreements (6)                                               211,550   +   30,449   +  211,550  
    Loans (7)                                                               101,956   -    4,940   +  101,911  
  Net portfolio holdings of Commercial Paper          
    Funding Facility II LLC (8)                                              12,795   +        1   +   12,795  
  Net portfolio holdings of Corporate Credit          
  Facilities LLC (8)                                                         36,154   +    1,301   +   36,154  
  Net portfolio holdings of MS Facilities LLC (Main   
    Street Lending Program) (8)                                                   0            0            0  
  Net portfolio holdings of Municipal Liquidity       
  Facility LLC (8)                                                           16,075   +   16,075   +   16,075  
  Items in process of collection                                   (0)           41   -       26   -       85  
  Bank premises                                                               2,198   -        7   +        9  
  Central bank liquidity swaps (9)                                          446,945   -    2,001   +  446,928  
  Foreign currency denominated assets (10)                                   20,768   +      204   -       87  
  Other assets (11)                                                          27,002   +      520   +    7,388  
                                                                                                               
Total assets                                                       (0)    7,165,217   +   67,901   +3,317,572  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





4. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from        Jun 3, 2020   Wednesday    Wednesday  
                                                        consolidation                May 27, 2020  Jun 5, 2019 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,903,660   +    4,146   +  212,880 
  Reverse repurchase agreements (12)                                         246,054   +    2,078   -   25,652 
  Deposits                                                          (0)    4,860,697   +   20,800   +3,021,599 
    Term deposits held by depository institutions                                  0            0   -    2,700 
    Other deposits held by depository institutions                         3,257,435   -   60,253   +1,697,725 
    U.S. Treasury, General Account                                         1,431,462   +  104,565   +1,223,815 
    Foreign official                                                          16,281   +       30   +   11,037 
    Other (13)                                                      (0)      155,519   -   23,543   +   91,721 
  Deferred availability cash items                                  (0)          758   +      403   +      183 
  Treasury contributions to credit facilities (14)                           104,000   +   37,500   +  104,000 
  Other liabilities and accrued dividends (15)                                11,131   +    2,971   +    4,834 
                                                                                                               
Total liabilities                                                   (0)    7,126,300   +   67,898   +3,317,843 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             32,092   +        3   -      271 
  Surplus                                                                      6,825            0            0 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 38,917   +        3   -      271 

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 securities, Federal agency debt
    securities, and 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.  Loans includes primary, secondary, and seasonal loans and credit extended through the Primary           
    Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, Paycheck Protection Program Liquidity
    Facility, and other credit extensions.                                                              
8.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury      
    contributions to the facility. Refer to note on consolidation below.                                
9.  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.     
10. Revalued daily at current foreign currency exchange rates.                                              
11. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also includes net portfolio holdings of Maiden Lane LLC.                       
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, designated financial market utilities, and deposits held by depository
    institutions in joint accounts in connection with their participation in certain private-sector payment
    arrangements. 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. Book value. Amount of equity investments in Commercial Paper Funding Facility II LLC of $10             
    billion, Corporate Credit Facilities LLC of $37.5 billion, MS Facilities LLC of $37.5 billion, and Municipal
    Liquidity Facility LLC of $17.5 billion, and credit protection in the Money Market Mutual Fund      
    Liquidity Facility of $1.5 billion.                                                                 
15. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



5. Statement of Condition of Each Federal Reserve Bank, June 3, 2020
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 certificates and special drawing     
    rights certificates                           16,237         533       5,483          529         761       1,165       2,183       1,137         479         270         450       1,202       2,045
  Coin                                             1,434          27          39          132          82         197         138         243          22          39          92         161         263
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans (1)                             6,585,568     178,663   3,381,390      151,507     203,857     411,240     481,957     365,741     104,346      64,580     109,132     315,042     818,114
  Net portfolio holdings of Commercial      
     Paper Funding Facility II LLC (2)            12,795           0      12,795            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Corporate       
    Credit Facilities LLC (2)                     36,154           0      36,154            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of MS                                                                                                                                                                           
    Facilities LLC (Main Street Lending                                                                                                                                                                  
    Program) (2)                                       0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Municipal       
    Liquidity Facility LLC (2)                    16,075           0      16,075            0           0           0           0           0           0           0           0           0           0
  Central bank liquidity swaps (3)               446,945      21,215     150,202       16,084      38,194      94,336      22,167      17,357       7,326       3,500       4,713       5,306      66,546
  Foreign currency denominated                                                                                                                                                                           
     assets (4)                                   20,768         986       6,982          747       1,774       4,383       1,030         806         340         163         219         247       3,092
  Other assets (5)                                29,241      39,790     -25,132          716         981       2,130       2,190       1,654         750         403         733       1,517       3,508
  Interdistrict settlement account                     0  -   58,514  +  428,674   -   14,054  -    1,744  +   28,242  -  120,711  -   31,453  -   25,357  -   11,918  -   20,230  -    8,125  -  164,810
                                                                                                                                                                                                         
Total assets                                   7,165,217     182,700   4,012,663      155,660     243,904     541,693     388,953     355,485      87,907      57,035      95,109     315,349     728,758

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Statement of Condition of Each Federal Reserve Bank, June 3, 2020 (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, net                   1,903,660      58,850     632,808      51,716      85,597     125,894     262,348     126,499      58,698      30,938      52,677     160,397     257,237
  Reverse repurchase agreements (6)              246,054       5,526     127,396       5,614       7,698      15,421      18,133      13,743       3,888       2,325       3,913      11,858      30,538
  Deposits                                     4,860,697      77,195   3,168,346      96,652     146,949     391,374     105,858     213,182      24,449      22,537      37,858     142,007     434,289
    Depository institutions                    3,257,435      77,173   1,666,633      96,651     146,802     390,259     105,757     119,017      24,438      22,480      34,328     139,616     434,282
    U.S. Treasury, General Account             1,431,462           0   1,431,462           0           0           0           0           0           0           0           0           0           0
    Foreign official                              16,281           2      16,254           1           3           8           2           2           1           0           0           0           6
    Other (7)                                    155,519          20      53,998           0         144       1,107          99      94,164          10          57       3,530       2,390           1
  Earnings remittances due to the U.S.      
     Treasury (8)                                  2,005          -5       1,027          49          77         125         162         112          44          23          36          92         262
  Treasury contributions to credit          
     facilities (9)                              104,000      39,000      65,000           0           0           0           0           0           0           0           0           0           0
  Other liabilities and accrued             
     dividends                                     9,884         305       5,072         232         285         692         548         435         192         887         210         343         685
                                                                                                                                                                                                        
Total liabilities                              7,126,300     180,871   3,999,649     154,263     240,606     533,507     387,049     353,971      87,271      56,710      94,693     314,697     723,011
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 32,092       1,505      10,720       1,151       2,715       6,745       1,565       1,249         524         272         344         571       4,730
  Surplus                                          6,825         324       2,294         246         583       1,441         338         265         112          53          72          81       1,016
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  7,165,217     182,700   4,012,663     155,660     243,904     541,693     388,953     355,485      87,907      57,035      95,109     315,349     728,758

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Statement of Condition of Each Federal Reserve Bank, June 3, 2020 (continued)


1.  Securities include outright holdings of U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, including securities lent to dealers under the overnight              
    securities lending facility; refer to table 1A. Mortgage-backed securities are guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Unamortized premiums and discounts are the differences between the
    purchase price and the face value of the securities that have not been amortized. For U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, amortization is on an
    effective-interest basis. Repurchase agreements reflect the cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. Loans includes primary, secondary, and
    seasonal loans and credit extended through the Primary Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, Paycheck Protection Program Liquidity Facility, and other credit        
    extensions.                                                                                                                                                                                         
2.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below.                                 
3.  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.                                                                                                 
4.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
5.  Includes items in process of collection, bank premises, accrued interest (which represents the daily accumulation of interest earned), and other accounts receivable. Also includes Net portfolio       
    holdings of Maiden Lane LLC; refer to the note on consolidation for additional information.                                                                                                         
6.  Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
7.  Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by              
    depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. 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.                                                                                                          
8.  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 $6.825 billion surplus.                                                                         
9.  Book value. Amount of equity investments in Commercial Paper Funding Facility II LLC of $10 billion, Corporate Credit Facilities LLC of $37.5 billion, MS Facilities LLC of $37.5 billion, and          
    Municipal Liquidity Facility LLC of $17.5 billion, and credit protection in the Money Market Mutual Fund Liquidity Facility of $1.5 billion.                                                        
                                                                                                                                                                                                            


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On April 14, 2020,
FRBNY began extending loans to the Commercial Paper Funding Facility II LLC (CPFF II LLC), a limited liability company formed to purchase three-month U.S dollar-denominated commercial paper by
eligible issuers. The assets of the CPFF II LLC are used to secure the loan from the FRBNY and the amount provided by U.S. Treasury as credit protection to the FRBNY. On May 12, 2020, FRBNY
began extending loans to the Corporate Credit Facilities LLC (CCF LLC), a limited liability company formed to purchase eligible bonds or portions of syndicated loans or bonds at issuance through
the Primary Market Corporate Credit Facility and to purchase eligible individual corporate bonds and exchange-traded funds through the Secondary Market Corporate Credit Facility. The assets of
the CCF LLC are used to secure the loan from the FRBNY and the amount provided by U.S. Treasury as credit protection to the FRBNY.                                                            
The FRBNY is the managing member of CPFF II LLC, CCF LLC, and Municipal Liquidity Facility LLC. The Federal Reserve Bank of Boston (FRBB) is the managing member of MS Facilities LLC (Main
Street Lending Program). Consistent with generally accepted accounting principles, the assets and liabilities of each LLC have been accounted for and consolidated with the assets and liabilities
of the FRBNY or FRBB, in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the loan from the Reserve Bank to the LLC is eliminated
as are any balances held at the FRBNY for LLCs consolidated to FRBNY or FRBB for LLCs consolidated to FRBB. Treasury contributions to credit facilities are held at FRBNY until invested. Net
assets of the LLC appears as assets on table 5 (and in table 1 and table 4), and the liabilities of the LLC to entities other than the FRBNY or FRBB, including those with recourse only to the
portfolio holdings of the LLC, are included in other liabilities in this table (and table 1 and table 4). The amount provided by U.S. Treasury as credit protection to FRBNY and FRBB appears as
liabilities on table 5 (and in table 1 and table 4).
                                                                                                                                        




6. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                           Jun 3, 2020  

Federal Reserve notes outstanding                                                            2,057,497  
  Less: Notes held by F.R. Banks not subject to collateralization                              153,837  
    Federal Reserve notes to be collateralized                                               1,903,660  
Collateral held against Federal Reserve notes                                                1,903,660  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,887,423  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       6,183,847  
  Less: Face value of securities under reverse repurchase agreements                           235,690  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        5,948,157  

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.