FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks September 7, 2017

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

Sep 6, 2017 Aug 30, 2017 Sep 7, 2016

Wednesday

Sep 6, 2017

Reserve Bank credit 4,412,574 - 825 - 5,949 4,413,031

Securities held outright1 4,239,605 - 1,580 + 9,516 4,239,599

U.S. Treasury securities 2,465,295 + 5 + 1,682 2,465,289

Bills2 0 0 0 0

Notes and bonds, nominal2 2,337,126 - 439 - 4,521 2,337,126

Notes and bonds, inflation-indexed2 109,412 + 439 + 4,859 109,412

Inflation compensation3 18,757 + 5 + 1,344 18,751

Federal agency debt securities2 6,757 0 - 15,735 6,757

Mortgage-backed securities4 1,767,553 - 1,585 + 23,569 1,767,553

Unamortized premiums on securities held outright5 163,346 - 345 - 14,734 163,260

Unamortized discounts on securities held outright5 -14,556 + 21 + 1,037 -14,547

Repurchase agreements6 0 0 0 0

Loans 209 - 18 + 31 212

Primary credit 3 + 1 - 1 1

Secondary credit 0 0 0 0

Seasonal credit 206 - 19 + 32 212

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,708 0 + 1 1,708

Float -414 - 17 - 95 -654

Central bank liquidity swaps8 35 - 1 - 315 35

Other Federal Reserve assets9 22,640 + 1,115 - 1,391 23,417

Foreign currency denominated assets10 21,507 - 30 + 239 21,623

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding11 49,112 + 14 + 815 49,112

Total factors supplying reserve funds 4,499,433 - 842 - 4,896 4,500,007

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

Sep 6, 2017 Aug 30, 2017 Sep 7, 2016

Wednesday

Sep 6, 2017

Currency in circulation11 1,575,108 + 7,917 + 102,612 1,578,477

Reverse repurchase agreements12 386,682 + 16,197 + 53,901 391,923

Foreign official and international accounts 244,603 + 1,640 + 4,279 246,795

Others 142,079 + 14,557 + 49,622 145,128

Treasury cash holdings 169 - 4 + 58 170

Deposits with F.R. Banks, other than reserve balances 123,625 - 26,003 - 154,522 124,868

Term deposits held by depository institutions 0 0 0 0

U.S. Treasury, General Account 37,563 - 23,494 - 198,591 38,662

Foreign official 5,168 - 116 - 3 5,166

Other13 80,893 - 2,393 + 44,070 81,039

Other liabilities and capital14 47,721 - 532 + 737 47,521

Total factors, other than reserve balances,

absorbing reserve funds 2,133,304 - 2,425 + 2,785 2,142,958

Reserve balances with Federal Reserve Banks 2,366,129 + 1,583 - 7,680 2,357,048

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. 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

Sep 6, 2017 Aug 30, 2017 Sep 7, 2016

Wednesday

Sep 6, 2017

Securities held in custody for foreign official and international

accounts 3,365,751 + 20,733 + 181,687 3,368,500

Marketable U.S. Treasury securities1 3,040,008 + 20,611 + 178,861 3,042,812

Federal agency debt and mortgage-backed securities2 264,069 - 93 + 1,215 263,993

Other securities3 61,674 + 215 + 1,612 61,695

Securities lent to dealers 27,532 + 1,733 + 2,992 28,350

Overnight facility4 27,532 + 1,733 + 2,992 28,350

U.S. Treasury securities 27,532 + 1,735 + 3,008 28,350

Federal agency debt securities 0 - 2 - 16 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, 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, September 6, 2017

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 48 164 0 0 0 ... 212

U.S. Treasury securities1

Holdings 0 38,559 323,379 1,144,907 325,239 633,205 2,465,289

Weekly changes - 3,197 + 7,868 + 13,063 - 18,611 + 874 - 8 - 11

Federal agency debt securities2

Holdings 0 2,366 1,982 62 0 2,347 6,757

Weekly changes 0 0 0 0 0 0 0

Mortgage-backed securities3

Holdings 0 0 1 93 17,608 1,749,852 1,767,553

Weekly changes 0 0 + 1 + 2 + 4,652 - 4,655 0

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

Central bank liquidity swaps5 35 0 0 0 0 0 35

Reverse repurchase agreements4 391,923 0 ... ... ... ... 391,923

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 Sep 6, 2017

Mortgage-backed securities held outright1 1,767,553

Commitments to buy mortgage-backed securities2 30,998

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 15

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 Sep 6, 2017

Net portfolio holdings of Maiden Lane LLC1 1,708

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 June 30, 2017. 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

Sep 6, 2017 Aug 30, 2017 Sep 7, 2016

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,834 - 24 - 85

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,388,524 - 285 - 4,128

Securities held outright1 4,239,599 - 11 + 9,524

U.S. Treasury securities 2,465,289 - 11 + 1,690

Bills2 0 0 0

Notes and bonds, nominal2 2,337,126 - 439 - 4,521

Notes and bonds, inflation-indexed2 109,412 + 439 + 4,859

Inflation compensation3 18,751 - 10 + 1,352

Federal agency debt securities2 6,757 0 - 15,735

Mortgage-backed securities4 1,767,553 0 + 23,569

Unamortized premiums on securities held outright5 163,260 - 282 - 14,713

Unamortized discounts on securities held outright5 -14,547 + 19 + 1,036

Repurchase agreements6 0 0 0

Loans 212 - 11 + 24

Net portfolio holdings of Maiden Lane LLC7 1,708 0 + 1

Items in process of collection (0) 96 + 40 - 124

Bank premises 2,197 - 7 - 7

Central bank liquidity swaps8 35 - 1 - 315

Foreign currency denominated assets9 21,623 + 129 + 160

Other assets10 21,220 + 1,261 - 1,421

Total assets (0) 4,453,474 + 1,114 - 5,920

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

Sep 6, 2017 Aug 30, 2017 Sep 7, 2016

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,531,365 + 7,890 + 103,927

Reverse repurchase agreements11 391,923 + 3,215 + 72,144

Deposits (0) 2,481,916 - 9,326 - 182,637

Term deposits held by depository institutions 0 0 0

Other deposits held by depository institutions 2,357,048 + 25,092 - 24,980

U.S. Treasury, General Account 38,662 - 28,215 - 199,490

Foreign official 5,166 + 1 - 1

Other12 (0) 81,039 - 6,205 + 41,834

Deferred availability cash items (0) 749 - 484 + 99

Other liabilities and accrued dividends13 6,418 - 298 - 412

Total liabilities (0) 4,412,371 + 997 - 6,878

Capital accounts

Capital paid in 31,102 + 115 + 957

Surplus 10,000 0 0

Other capital accounts 0 0 0

Total capital 41,102 + 115 + 957

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. 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, September 6, 2017

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 11,037 349 3,592 348 553 776 1,520 737 341 191 292 916 1,422

Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574

Coin 1,834 45 52 182 130 259 192 295 30 50 111 186 303

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,388,524 85,501 2,471,023 113,304 127,257 257,114 258,320 184,588 58,568 34,323 62,254 175,681 560,591

Securities held outright1 4,239,599 82,603 2,387,284 109,465 122,945 248,401 249,558 178,312 56,534 33,054 60,127 169,724 541,593

U.S. Treasury securities 2,465,289 48,033 1,388,184 63,653 71,491 144,443 145,116 103,687 32,874 19,221 34,964 98,693 314,931

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

Notes and bonds3 2,465,289 48,033 1,388,184 63,653 71,491 144,443 145,116 103,687 32,874 19,221 34,964 98,693 314,931

Federal agency debt securities2 6,757 132 3,805 174 196 396 398 284 90 53 96 271 863

Mortgage-backed securities4 1,767,553 34,438 995,295 45,637 51,257 103,562 104,045 74,341 23,570 13,781 25,068 70,760 225,798

Unamortized premiums on securities 

held outright5 163,260 3,181 91,930 4,215 4,734 9,565 9,610 6,866 2,177 1,273 2,315 6,536 20,856

Unamortized discounts on securities 

held outright5 -14,547 -283 -8,191 -376 -422 -852 -856 -612 -194 -113 -206 -582 -1,858

Repurchase agreements6 0 0 0 0 0 0 0 0 0 0 0 0 0

Loans 212 0 0 0 0 0 8 22 51 110 18 4 0

Net portfolio holdings of Maiden

Lane LLC7 1,708 0 1,708 0 0 0 0 0 0 0 0 0 0

Items in process of collection 96 0 0 0 0 0 95 0 0 1 0 0 0

Bank premises 2,197 118 444 72 116 198 203 200 110 88 236 220 191

Central bank liquidity swaps8 35 2 11 2 3 8 2 1 0 0 0 0 5

Foreign currency denominated

assets9 21,623 937 6,926 1,162 1,761 4,672 1,261 905 236 91 210 276 3,184

Other assets10 21,220 453 11,451 542 619 1,421 1,268 893 499 182 362 846 2,685

Interdistrict settlement account 0 - 2,893 - 69,499 - 2,220 - 1,409 - 3,495 + 1,666 + 44,496 + 351 + 3,268 + 7,923 + 8,219 + 13,594

Total assets 4,453,474 84,707 2,427,525 113,603 129,267 261,364 265,180 232,540 60,286 38,284 71,541 186,626 582,550

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, September 6, 2017 (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 1,706,291 56,430 549,160 55,287 85,360 121,595 227,588 115,097 52,289 31,280 48,397 142,785 221,021

Less: Notes held by F.R. Banks 174,926 6,391 45,385 6,813 10,023 13,809 23,402 11,604 5,566 3,056 5,500 16,920 26,455

Federal Reserve notes, net 1,531,365 50,039 503,775 48,473 75,337 107,786 204,186 103,493 46,722 28,224 42,897 125,865 194,566

Reverse repurchase agreements11 391,923 7,636 220,689 10,119 11,365 22,963 23,070 16,484 5,226 3,056 5,558 15,690 50,067

Deposits 2,481,916 25,069 1,686,898 52,503 38,969 121,172 34,966 110,487 7,704 6,073 22,529 44,283 331,262

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 2,357,048 25,062 1,619,164 52,500 38,966 120,890 34,957 53,681 7,689 6,073 22,528 44,282 331,256

U.S. Treasury, General Account 38,662 0 38,662 0 0 0 0 0 0 0 0 0 0

Foreign official 5,166 2 5,139 2 3 9 2 2 0 0 0 1 6

Other12 81,039 5 23,933 0 0 273 7 56,804 15 0 1 1 1

Deferred availability cash items 749 0 0 0 0 0 153 0 0 597 0 0 0

Earnings remittances due to the U.S.

Treasury13 1,503 43 748 45 56 105 119 60 29 14 23 70 191

Other liabilities and accrued

dividends 4,915 152 2,348 183 191 480 315 269 143 133 131 204 365

Total liabilities 4,412,371 82,939 2,414,458 111,324 125,919 252,506 262,809 230,792 59,826 38,097 71,139 186,112 576,452

Capital

Capital paid in 31,102 1,334 9,865 1,741 2,533 6,697 1,789 1,329 351 145 305 386 4,625

Surplus 10,000 434 3,202 538 815 2,161 583 419 109 42 97 128 1,473

Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 4,453,474 84,707 2,427,525 113,603 129,267 261,364 265,180 232,540 60,286 38,284 71,541 186,626 582,550

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, September 6, 2017 (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 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. 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 Sep 6, 2017

Federal Reserve notes outstanding 1,706,291

Less: Notes held by F.R. Banks not subject to collateralization 174,926

Federal Reserve notes to be collateralized 1,531,365

Collateral held against Federal Reserve notes 1,531,365

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,515,128

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 4,239,599

Less: Face value of securities under reverse repurchase agreements 370,401

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,869,198

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.