Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 850,186 - 3,669 + 24,131 849,899

Securities held outright 790,694 + 54 + 25,942 790,714

U.S. Treasury1 790,694 + 54 + 25,942 790,714

Bills2 277,019 0 0 277,019

Notes and bonds, nominal2 474,672 0 + 15,611 474,672

Notes and bonds, inflation-indexed2 34,459 0 + 9,676 34,459

Inflation compensation3 4,544 + 53 + 655 4,564

Federal agency2 0 0 0 0

Repurchase agreements4 18,857 - 3,679 - 1,679 18,750

Loans to depository institutions 239 - 121 - 111 246

Primary credit 3 - 142 - 12 3

Secondary credit 0 0 0 0

Seasonal credit 236 + 20 - 98 243

Float -926 - 200 - 115 -1,270

Other Federal Reserve assets 41,321 + 277 + 92 41,460

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding5 38,560 + 14 + 543 38,560

Total factors supplying reserve funds 901,987 - 3,655 + 24,674 901,700

Currency in circulation5 812,492 - 1,519 + 19,813 813,701

Reverse repurchase agreements6 31,500 - 66 + 2,339 31,109

Foreign official and international accounts 31,500 - 66 + 2,339 31,109

Dealers 0 0 0 0

Treasury cash holdings 317 - 33 + 159 298

Deposits with F.R. Banks, other than reserve balances 11,908 + 865 - 543 11,792

U.S. Treasury, general account 5,052 + 878 + 35 4,931

Foreign official 95 - 29 - 8 98

Service-related 6,464 + 32 - 564 6,464

Required clearing balances 6,464 + 32 - 564 6,464

Adjustments to compensate for float 0 0 0 0

Other 298 - 14 - 5 300

Other liabilities and capital 39,377 + 27 + 4,400 38,836

Total factors, other than reserve balances,

absorbing reserve funds 895,595 - 726 + 26,168 895,737

Reserve balances with Federal Reserve Banks 6,392 - 2,929 - 1,495 5,963

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 2,002,989 + 6,970 + 358,191 2,011,785

U.S. Treasury 1,253,258 + 1,781 + 139,067 1,252,385

Federal agency 749,731 + 5,188 + 219,124 759,400

Securities lent to dealers 4,632 - 46 + 2,144 4,632

FEDERAL RESERVE statistical release

 July 26, 2007

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

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

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

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

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

5. Estimated.

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

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

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

Change from week ended Wednesday

 Jul 25, 2007 Week ended

 Jul 25, 2007 Jul 18, 2007 Jul 26, 2006
Note: Components may not sum to totals because of rounding.

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

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

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

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

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

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

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 2,200 0 0

Coin 1,047 + 66 + 297

Securities, repurchase agreements, and loans 809,710 - 8,452 + 23,576

Securities held outright 790,714 + 54 + 25,951

U.S. Treasury1 790,714 + 54 + 25,951

Bills2 277,019 0 0

Notes and bonds, nominal2 474,672 0 + 15,611

Notes and bonds, inflation-indexed2 34,459 0 + 9,676

Inflation compensation3 4,564 + 54 + 664

Federal agency2 0 0 0

Repurchase agreements4 18,750 - 8,500 - 2,250

Loans 246 - 6 - 125

Items in process of collection (810) 2,095 - 1,134 - 1,935

Bank premises 2,055 + 9 + 191

Other assets5 39,535 + 484 + 449

Total assets (810) 867,680 - 9,027 + 22,579

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 776,483 - 461 + 19,844

Reverse repurchase agreements6 31,109 - 1,398 + 2,641

Deposits (0) 17,886 - 6,717 - 2,235

Depository institutions 12,558 - 7,358 - 2,316

U.S. Treasury, general account 4,931 + 831 + 107

Foreign official 98 - 195 - 42

Other (0) 300 + 6 + 17

Deferred availability cash items (810) 3,366 - 434 - 1,756

Other liabilities and accrued dividends7 5,751 + 73 + 885

Total liabilities (810) 834,595 - 8,937 + 19,378

Capital accounts

Capital paid in 16,171 + 2 + 1,178

Surplus 15,399 0 + 2,498

Other capital accounts 1,515 - 92 - 475

Total capital 33,085 - 89 + 3,201

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Jul 26, 2006

Eliminations from

consolidation Wednesday

 Jul 25, 2007

Wednesday

 Jul 18, 2007

3. Maturity Distribution of Loans and Securities, July 25, 2007

Millions of dollars

 Federal agency

securities

Weekly

changes Holdings

 U.S. Treasury

securities1

Holdings Weekly

changes

Loans Repurchase

agreements2

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

 . . . Not applicable.

1. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original

face value of such securities.

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

Reverse

repurchase

agreements2

Within 15 days 236 59,560 - 453 0 0 18,750 31,109

16 days to 90 days 10 171,335 - 978 0 0 0 0

91 days to 1 year 0 170,324 + 1,434 0 0 . . . . . . 

Over 1 year to 5 years . . . 237,758 + 20 0 0 . . . . . . 

Over 5 years to 10 years . . . 69,342 + 10 0 0 . . . . . . 

Over 10 years . . . 82,395 + 21 0 0 . . . . . . 

All 246 790,714 + 54 0 0 18,750 31,109

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on July 25, 2007Millions of dollars

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

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

and loans

Securities held outright

U.S. Treasury1

Bills2Notes and bonds3

Federal agency2

Repurchase agreements4

Loans

Items in process of collectionBank premisesOther assets5Interdistrict settlement account

Total assets

Note: Components may not sum to totals because of rounding.1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.2. Face value of the securities.3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such sec4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

 11,037 2,200 1,047 809,710 790,714 790,714 277,019 513,695 0 18,750 246 2,905 2,055 39,535 0 868,490

Assets, liabilities, and capital

 4,053 874 55 293,105 286,315 286,315 100,308 186,007 0 6,789 0 49 216 12,348 + 3,835 314,535

 449 115 29 37,305 36,441 36,441 12,767 23,674 0 864 0 119 118 1,340 - 3,697 35,777

 455 83 69 35,812 34,981 34,981 12,255 22,726 0 830 1 303 56 3,278 - 422 39,633

 428 104 102 33,126 32,359 32,359 11,336 21,022 0 767 0 443 156 2,256 - 2,425 34,190

 869 147 99 70,134 68,509 68,509 24,001 44,508 0 1,625 0 192 173 7,263 + 340 79,217

 1,117 166 140 75,082 73,337 73,337 25,693 47,644 0 1,739 6 378 231 3,376 + 5,959 86,448

 903 212 127 67,950 66,323 66,323 23,235 43,087 0 1,573 55 162 207 2,601 + 365 72,526

 326 71 53 25,931 25,272 25,272 8,854 16,418 0 599 60 68 98 801 + 218 27,566

 2   16,2 15,7 15,7 5,5 10,2  3  1 1 7 - 1,2 16,2
 986,851

 210,369 776,483 776,483 11,037 2,200 763,246 0 809,464 31,156 778,308

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

LiabilitiesFederal Reserve notes outstanding

Less: notes held by F.R. Banks

Federal Reserve notes, net

Reverse repurchase agreements1

Deposits

Depository institutionsU.S. Treasury, general accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends2

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

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

 986,851 210,369 776,483 31,109 17,886 12,558 4,931 98 300 4,176 5,751 835,405 16,171 15,399 1,515 868,490

 37,657 5,413 32,245 1,434 800 798 0 1 1 230 253 34,961 388 396 33 35,777

 351,080 66,015 285,064 11,265 7,478 2,290 4,931 67 190 108 1,765 305,679 4,292 3,794 770 314,535

 40,851 7,644 33,206 1,376 609 604 0 5 0 529 262 35,983 1,809 1,811 31 39,633

 37,594 9,024 28,571 1,273 1,276 1,272 0 3 1 574 264 31,958 1,101 1,087 44 34,190

 80,505 15,631 64,873 2,695 2,098 1,983 0 11 105 328 784 70,778 4,196 4,096 146 79,217

 109,708 30,905 78,803 2,885 1,118 1,115 0 3 0 515 547 83,868 1,238 1,277 66 86,448

 80,552 14,554 65,997 2,609 1,324 1,320 0 2 1 283 473 70,686 890 859 90 72,526

 29,453 3,872 25,582 994 310 309 0 0 1 109 216 27,211 173 166 15 27,566

 17,2 2,8 14,3 6 2 2    2 1 15,6 3 2  16,2

H.4.14. Statement of Condition of Each Federal Reserve Bank on July 25, 2007 (continued)Millions of dollars

Assets, liabilities, and capital

Federal Reserve notes outstanding

Less: Notes held by F.R. Banks

not subject to collateralization

Federal Reserve notes to be collateralized

Collateral held against Federal Reserve notes

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

Memo:Total U.S. Treasury and agency securities1

Less: face value of securities under

reverse repurchase agreements

U.S. Treasury and agency securities

eligible to be pledged

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

 Jul 25, 2007

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

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