FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             April 30, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Apr 29, 2009 Apr 22, 2009 Apr 30, 2008 Apr 29, 2009

Reserve Bank credit                                       2,087,578   -   81,542   +1,222,561    2,049,958
  Securities held outright                                  976,811   +   22,765   +  428,131      983,358       
    U.S. Treasury securities (1)                            543,009   +   14,319   -    5,671      549,046
      Bills (2)                                              18,423            0   -   51,894       18,423
      Notes and bonds, nominal (2)                          479,039   +   14,007   +   44,093      485,057
      Notes and bonds, inflation-indexed (2)                 40,976   +      215   +    2,434       40,976
      Inflation compensation (3)                              4,571   +       97   -      304        4,590
    Federal agency debt securities (2)                       66,074   +    3,317   +   66,074       68,158
    Mortgage-backed securities (4)                          367,728   +    5,129   +  367,728      366,153
  Repurchase agreements (5)                                       0            0   -  107,536            0
  Term auction credit                                       403,573   -   52,226   +  303,573      403,573  
  Other loans                                               104,538   -      163   +   74,355      101,531
    Primary credit                                           44,788   +    1,676   +   33,200       45,261
    Secondary credit                                             40   -       21   +       40            0
    Seasonal credit                                               1            0   -       24            1
    Primary dealer and other broker-dealer credit (6)         5,479   -    3,735   -   13,092          700
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                          3,362   +    2,412   +    3,362        3,699
    Credit extended to American International
      Group, Inc. (7)                                        44,489   -      494   +   44,489       45,492
    Term Asset-Backed Securities Loan Facility                6,379            0   +    6,379        6,379
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (8)                                222,920   -   17,977   +  222,920      181,795
  Net portfolio holdings of LLCs funded through
    the Money Market Investor Funding Facility (9)                0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (10)             26,484   +       39   +   26,484       26,502
  Net portfolio holdings of Maiden Lane II LLC (11)          18,264   +       27   +   18,264       18,328
  Net portfolio holdings of Maiden Lane III LLC (12)         27,432   +       18   +   27,432       27,449
  Float                                                      -2,241   +      111   -      567       -2,345
  Central bank liquidity swaps (13)                         250,215   -   36,059   +  214,215      249,513
  Other Federal Reserve assets (14)                          59,582   +    1,924   +   15,291       60,254
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (15)                           42,290   +       14   +    3,555       42,290
       
Total factors supplying reserve funds                     2,143,109   -   81,528   +1,226,116    2,105,489

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
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Apr 29, 2009 Apr 22, 2009 Apr 30, 2008 Apr 29, 2009

Currency in circulation (15)                                901,678   -    1,577   +   89,266      903,191
Reverse repurchase agreements (16)                           66,196   +      430   +   26,817       67,284
  Foreign official and international accounts                66,196   +      430   +   26,817       67,284
  Dealers                                                         0            0            0            0
Treasury cash holdings                                          325   -        8   +        9          311
Deposits with F.R. Banks, other than reserve balances       291,057   +   16,810   +  277,832      269,555       
  U.S. Treasury, general account                             84,774   +   19,054   +   79,053       62,810
  U.S. Treasury, supplementary financing account            199,929            0   +  199,929      199,929
  Foreign official                                            1,634   -      665   +    1,534        1,967
  Service-related                                             4,342   -       26   -    2,749        4,342
    Required clearing balances                                4,342   -       26   -    2,749        4,342
    Adjustments to compensate for float                           0            0            0            0
  Other                                                         378   -    1,553   +       65          506
Other liabilities and capital (17)                           56,502   +      394   +   13,175       56,588

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,315,757   +   16,048   +  407,099    1,296,928

Reserve balances with Federal Reserve Banks                 827,352   -   97,576   +  819,017      808,562
                                                                
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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.  Current face value of the securities, which is 
   the remaining principal balance of the underlying mortgages.  
5. Cash value of agreements.
6. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain
   other broker-dealers.
7. Excludes credit extended to consolidated LLCs.
8. Refer to table 7 and the note on consolidation accompanying table 10.
9. Refer to table 8 and the note on consolidation accompanying table 10.
10. Refer to table 4 and the note on consolidation accompanying table 10.
11. Refer to table 5 and the note on consolidation accompanying table 10.
12. Refer to table 6 and the note on consolidation accompanying table 10.
13. 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.
14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities.
17. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other 
    than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio 
    holdings of these LLCs.  Refer to table 4 through table 8 and the note on consolidation accompanying table 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


1A. Memorandum Items 
Millions of dollars
                                                                   Averages of daily figures
Memorandum item                                           Week ended   Change from week ended     Wednesday
                                                         Apr 29, 2009 Apr 22, 2009 Apr 30, 2008 Apr 29, 2009

Marketable securities held in custody for foreign
      official and international accounts (1)             2,650,606   +    3,064   +  387,198    2,648,356
  U.S. Treasury securities                                1,841,167   -      303   +  511,635    1,837,101
  Federal agency securities (2)                             809,439   +    3,367   -  124,437      811,255
Securities lent to dealers                                   38,675   -   10,038   -  124,705       36,997   
  Overnight facility (3)                                      6,125   +    1,391   -   11,626        4,447
  Term facility (4)                                          32,550   -   11,429   -  113,079       32,550

Note: Components may not sum to totals because of rounding.

1. Face value of the securities.  Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed 
   securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt
   securities.

    
   


2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities,     April 29, 2009
Millions of dollars

Remaining maturity                 Within 15  16 days to  91 days to  Over 1 year  Over 5 years  Over 10       All
                                      days     90 days      1 year     to 5 years   to 10 years   years 
Term auction credit                  106,299     297,274         ---          ---           ---        ---     403,573
Other loans (1)                       41,259       8,401            0      51,871           ---        ---     101,531
U.S. Treasury securities (2) 
  Holdings                            15,915      27,266       65,124     216,801       118,003    105,939     549,046
  Weekly changes                  -    2,503  +    2,503   +        4  +   14,005    +       47 +       23  +   14,077
Federal agency debt securities (3) 
  Holdings                                 0         196        3,979      47,628        15,973        382      68,158
  Weekly changes                           0           0            0  +    3,647             0          0  +    3,647
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    366,153     366,153
  Weekly changes                           0           0            0           0             0 -    1,437  -    1,437
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                    48,568     130,871            0         ---           ---        ---     179,438
Money market instruments held by
  LLCs funded through the Money
  Market Investor Funding
  Facility (6)                             0           0            0         ---           ---        ---           0
Repurchase agreements (7)                  0           0          ---         ---           ---        ---           0
Central bank liquidity swaps (8)     117,424     132,089            0           0             0          0     249,513

Reverse repurchase agreements (7)     67,284           0          ---         ---           ---        ---      67,284
  
Note: Components may not sum to totals because of rounding.
---   Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding Facility LLC, the 
   LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden 
   Lane III LLC.  The loans were eliminated when preparing the FRBNY's statement of condition 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.  Current face value of the securities, which is the remaining 
   principal balance of the underlying mortgages.
5. Face value of commercial paper held by Commercial Paper Funding Facility LLC.
6. Face value of money market instruments held by LLCs funded through the Money Market Investor Funding Facility.
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 Purchase Program
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Apr 29, 2009

Mortgage-backed securities held outright (1)                                                       366,153

Commitments to buy mortgage-backed securities (2)                                                  189,966
Commitments to sell mortgage-backed securities (2)                                                 157,575

Cash and cash equivalents (3)                                                                          172

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae.  Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
2. Current face value.  Generally settle within 180 days and include commitments associated with outright
   transactions as well as dollar rolls.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.


4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Apr 29, 2009
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       26,502

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           28,820
Accrued interest payable to the Federal Reserve Bank of New York (2)                                   315
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,207
 
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  December 31, 2008.  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 10.
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 9 and table 10.

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.  Payments by Maiden Lane LLC from the 
proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, 
principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest 
due to JPMorgan Chase & Co.  Any remaining funds will be paid to the FRBNY.



5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Apr 29, 2009

Net portfolio holdings of Maiden Lane II LLC (1)                                                     18,328

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            18,251
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    118
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,014

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  December 31, 2008.  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 10.
3. Book value.  The deferred payment represents the portion of the proceeds of the net portfolio holdings due 
   to subsidiaries of American International Group, Inc. in accordance with the asset purchase agreement.  
   The fair value of this payment and accrued interest payable are included in other liabilities and capital 
   in table 1 and in other liabilities and accrued dividends in table 9 and table 10.

Note:  On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden 
Lane II LLC under the authority of section 13(3) of the Federal Reserve Act.  This limited liability company 
was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment 
portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries).  Payments by Maiden 
Lane II LLC from the proceeds of the net portfolio holdings will be made in the following order:  operating 
expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment 
and interest due to AIG subsidiaries.  Any remaining funds will be shared by the FRBNY and AIG subsidiaries.


6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Apr 29, 2009

Net portfolio holdings of Maiden Lane III LLC (1)                                                    27,449

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            23,542
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    161
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,079

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  December 31, 2008.  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 10.
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 9 and table 10.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane 
III LLC under the authority of section 13(3) of the Federal Reserve Act.  This limited liability company was 
formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group 
of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts.  In connection 
with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions.  
Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following 
order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, 
principal due to AIG, and interest due to AIG.  Any remaining funds will be shared by the FRBNY and AIG.


7. Information on Principal Accounts of Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Apr 29, 2009

Commercial paper holdings, net (1)                                                                  178,496
Other investments, net                                                                                3,299
Net portfolio holdings of Commercial Paper Funding Facility LLC                                     181,795

Memorandum: Commercial paper holdings, face value                                                   179,438

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           178,385
Accrued interest payable to the Federal Reserve Bank of New York (2)                                     53

1. Book value, which includes amortized cost and related fees.
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 10.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of 
section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC.  This LLC is a limited 
liability company formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers 
and thereby foster liquidity in short-term funding markets and increase the availability of credit for 
businesses and households.


8. Information on Principal Accounts of LLCs Funded through the Money Market Investor Funding Facility 
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Apr 29, 2009

Money market instrument holdings, net (1)                                                                 0
Other investments, net                                                                                    0
Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility                  0

Memorandum: Money market instrument holdings, face value                                                  0

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                 0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                      0
Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility, 
  net of related discounts                                                                                0

1. Book value, which includes amortized cost.
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 10.

Note:  The Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the 
authority of section 13(3) of the Federal Reserve Act to a series of limited liability companies funded through 
the Money Market Investor Funding Facility (MMIFF).  The MMIFF became operational on November 24, 2008.  These 
limited liability companies were established to purchase short-term U.S. dollar-denominated certificates of 
deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers.  Such purchases are 
designed to foster liquidity in short-term money markets.


9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Apr 29, 2009     Apr 22, 2009     Apr 30, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          2,200                0                0
Coin                                                                1,879       +        9       +      419
Securities, repurchase agreements, term auction
      credit, and other loans                                   1,488,462       -   37,395       +  694,507
  Securities held outright                                        983,358       +   16,288       +  434,666
    U.S. Treasury securities (1)                                  549,046       +   14,077       +      354       
      Bills (2)                                                    18,423                0       -   51,894
      Notes and bonds, nominal (2)                                485,057       +   14,025       +   50,740
      Notes and bonds, inflation-indexed (2)                       40,976                0       +    1,805
      Inflation compensation (3)                                    4,590       +       52       -      297
    Federal agency debt securities (2)                             68,158       +    3,647       +   68,158
    Mortgage-backed securities (4)                                366,153       -    1,437       +  366,153
  Repurchase agreements (5)                                             0                0       -  115,500    
  Term auction credit                                             403,573       -   52,226       +  303,573
  Other loans                                                     101,531       -    1,457       +   71,768
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                        181,795       -   60,636       +  181,795
Net portfolio holdings of LLCs funded through
  the Money Market Investor Funding Facility (7)                        0                0                0
Net portfolio holdings of Maiden Lane LLC (8)                      26,502       +       21       +   26,502
Net portfolio holdings of Maiden Lane II LLC (9)                   18,328       +       75       +   18,328
Net portfolio holdings of 
  Maiden Lane III LLC (10)                                         27,449       +       20       +   27,449
Items in process of collection                         (419)          704       -       99       -      648
Bank premises                                                       2,204       +       13       +       46
Central bank liquidity swaps (11)                                 249,513       -   33,350       +  213,513
Other assets (12)                                                  58,075       +    1,220       +   16,543
     
      Total assets                                     (419)    2,068,149       -  130,120       +1,178,456

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Apr 29, 2009     Apr 22, 2009     Apr 30, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  863,086       +      126       +   85,996
Reverse repurchase agreements (13)                                 67,284       +    2,603       +   26,580
Deposits                                                 (0)    1,078,143       -  133,029       +1,052,498       
  Depository institutions                                         812,930       -  102,843       +  792,631
  U.S. Treasury, general account                                   62,810       -   30,723       +   57,855
  U.S. Treasury, supplementary financing account                  199,929                0       +  199,929
  Foreign official                                                  1,967       +      373       +    1,861
  Other                                                  (0)          506       +      163       +      221
Deferred availability cash items                       (419)        3,049       -      715       -       26
Other liabilities and accrued dividends (14)                        9,709       +       16       +    6,062

      Total liabilities                                (419)    2,021,270       -  130,999       +1,171,108
                          
Capital accounts
Capital paid in                                                    22,983       +      372       +    3,377
Surplus                                                            21,190       +        9       +    2,714
Other capital accounts                                              2,706       +      497       +    1,257

      Total capital                                                46,879       +      879       +    7,348

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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.  Current face value of the securities, which is 
   the remaining principal balance of the underlying mortgages. 
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation accompanying table 10.
7. Refer to table 8 and the note on consolidation accompanying table 10.
8. Refer to table 4 and the note on consolidation accompanying table 10.
9. Refer to table 5 and the note on consolidation accompanying table 10.
10. Refer to table 6 and the note on consolidation accompanying table 10.
11. 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. 
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other 
    than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio 
    holdings of these LLCs.  Refer to table 4 through table 8 and the note on consolidation accompanying table 10. 


10. Statement of Condition of Each Federal Reserve Bank,     April 29, 2009
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        412      3,895        450        467        882      1,356        911        329        197        335        621      1,182
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,879         70         84        159        150        252        214        233         40         65        135        180        297
Securities, repurchase agreements, term
      auction credit, and other loans      1,488,462     37,389    707,861     39,516     46,339    116,361    124,268    114,453     42,480     17,287     46,664     51,841    144,002
  Securities held outright                   983,358     18,864    384,370     15,256     38,851     35,437    118,481    106,410     38,524     16,280     44,388     47,547    118,950
    U.S. Treasury securities (1)             549,046     10,532    214,609      8,518     21,692     19,786     66,152     59,413     21,510      9,090     24,783     26,547     66,414
      Bills (2)                               18,423        353      7,201        286        728        664      2,220      1,994        722        305        832        891      2,228
      Notes and bonds (3)                    530,624     10,179    207,408      8,232     20,964     19,122     63,933     57,419     20,788      8,785     23,952     25,656     64,186
    Federal agency debt securities (2)        68,158      1,307     26,641      1,057      2,693      2,456      8,212      7,375      2,670      1,128      3,077      3,296      8,245
    Mortgage-backed securities (4)           366,153      7,024    143,120      5,681     14,466     13,195     44,116     39,622     14,344      6,062     16,528     17,704     44,291
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                        403,573     14,622    231,813     24,056      7,488     80,031      5,523      5,969      3,764        738      2,260      3,988     23,323     
  Other loans                                101,531      3,904     91,678        205          0        893        264      2,074        192        269         17        306      1,729
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)             181,795          0    181,795          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of LLCs funded
  through the Money Market Investor
  Funding Facility (7)                             0          0          0          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden Lane 
  LLC (8)                                     26,502          0     26,502          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (9)                             18,328          0     18,328          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (10)                           27,449          0     27,449          0          0          0          0          0          0          0          0          0          0
Items in process of collection                 1,123         29          0        152        146         63        310         65         54         57         24         85        136
Bank premises                                  2,204        122        222         67        147        234        222        209        134        112        272        249        213
Central bank liquidity swaps (11)            249,513     10,261     61,512     28,137     18,864     72,682     19,588      8,550      2,548      3,942      2,527      3,293     17,608
Other assets (12)                             58,075      1,647     19,663      3,230      3,107      8,205      5,886      4,389      1,570        948      1,762      1,959      5,710
Interdistrict settlement account                   0  +  31,297  -  22,094  -  11,956  -   3,638  +  31,064  -   1,530  -  26,212  -  12,735  -     854  -   4,124  +     996  +  19,786

      Total assets                         2,068,568     81,343  1,026,093     59,837     65,686    229,890    150,480    102,810     34,491     21,785     47,663     59,323    189,168

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank,     April 29, 2009 (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           1,049,016     36,901    372,570     40,006     45,254     78,577    134,024     87,420     30,948     20,057     29,009     63,266    110,984
  Less: Notes held by F.R. Banks              185,929      4,939     59,699      4,940      7,608     12,458     28,905     12,950      3,986      2,981      3,432     18,807     25,224
    Federal Reserve notes, net                863,086     31,961    312,871     35,066     37,646     66,119    105,119     74,471     26,962     17,076     25,577     44,459     85,761
Reverse repurchase agreements (13)             67,284      1,291     26,300      1,044      2,658      2,425      8,107      7,281      2,636      1,114      3,037      3,253      8,139
Deposits                                    1,078,143     46,009    666,451     18,110     21,519    147,949     33,120     18,716      4,176      2,102     18,326     10,609     91,056
  Depository institutions                     812,930     45,991    401,472     18,105     21,515    147,758     33,117     18,714      4,171      2,101     18,324     10,608     91,053
  U.S. Treasury, general account               62,810          0     62,810          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                         199,929          0    199,929          0          0          0          0          0          0          0          0          0          0
  Foreign official                              1,967          2      1,938          4          3         11          3          1          0          1          0          1          3
  Other                                           506         17        301          0          1        180          0          1          5          0          1          0          0
Deferred availability cash items                3,468         94          0        629        429        119        292        360         78        469        139        218        640
Other liabilities and accrued                 
  dividends (14)                                9,709        135      7,085        169        198        463        407        321        159        110        136        184        342
   
      Total liabilities                     2,021,689     79,490  1,012,707     55,017     62,451    217,075    147,046    101,149     34,010     20,870     47,215     58,723    185,938
                              
Capital                    
Capital paid in                                22,983        912      6,364      2,379      1,589      6,503      1,663        795        240        487        208        279      1,566
Surplus                                        21,190        844      5,720      2,316      1,552      5,981      1,612        704        210        324        208        271      1,449
Other capital                                   2,706         97      1,302        125         95        331        159        163         32        104         32         50        215

      Total liabilities and capital         2,068,568     81,343  1,026,093     59,837     65,686    229,890    150,480    102,810     34,491     21,785     47,663     59,323    189,168
                              
Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank,     April 29, 2009 (continued)

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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.  Current face value of the securities, which is the remaining principal balance of the underlying mortgages. 
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation below.
7. Refer to table 8 and the note on consolidation below.
8. Refer to table 4 and the note on consolidation below.
9. Refer to table 5 and the note on consolidation below.
10. Refer to table 6 and the note on consolidation below.
11. 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.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and  Maiden 
    Lane III LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs.  Refer to table 4 through 
    table 8 and the note on consolidation below.

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 June 26, 2008, 
a loan was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns.  On October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding 
Facility LLC, which was formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On October 21, 2008, the Federal Reserve Board authorized the FRBNY 
to extend credit to a series of LLCs funded through the Money Market Investor Funding Facility.  These LLCs, which became operational on November 24, 2008, were established to purchase 
short-term U.S. dollar-denominated certificates of deposit, bank notes, and commercial paper from eligible issuers.  On November 25, 2008, a loan was extended to Maiden Lane III LLC, 
which was formed to purchase multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap 
contracts.  On December 12, 2008, a loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending 
reinvestment portfolio of subsidiaries of American International Group, Inc.

The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC and the primary beneficiary of the other LLCs cited above. Consistent with generally accepted accounting principles, 
the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on this release.  As a 
consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page (and in table 1 and 
table 9), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in 
this table (and table 1 and table 9).


11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars

Federal Reserve notes and collateral                                                              Wednesday
                                                                                                Apr 29, 2009
              
Federal Reserve notes outstanding                                                                1,049,016
  Less: Notes held by F.R. Banks not subject to collateralization                                  185,929
    Federal Reserve notes to be collateralized                                                     863,086 
Collateral held against Federal Reserve notes                                                      863,086
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         2,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         849,850
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                             983,358
  Less: Face value of securities under reverse repurchase agreements                                64,738
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                         918,620
   
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 and term securities lending facilities; refer
   to table 1A.