FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           January 28, 2010
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                                    Jan 27, 2010 Jan 20, 2010 Jan 28, 2009 Jan 27, 2010

Reserve Bank credit                                       2,234,676   +    3,827   +  245,017    2,229,248
  Securities held outright (1)                            1,912,690   +    6,501   +1,403,997    1,910,020       
    U.S. Treasury securities                                776,616   +        7   +  301,416      776,619
      Bills (2)                                              18,423            0            0       18,423
      Notes and bonds, nominal (2)                          708,872   +      175   +  295,958      708,872
      Notes and bonds, inflation-indexed (2)                 43,777   -      124   +    4,399       43,777
      Inflation compensation (3)                              5,544   -       44   +    1,058        5,547
    Federal agency debt securities (2)                      162,833   +    1,650   +  136,165      163,673
    Mortgage-backed securities (4)                          973,241   +    4,843   +  966,417      969,728
  Repurchase agreements (5)                                       0            0   -   17,143            0
  Term auction credit                                        38,531            0   -  377,328       38,531  
  Other loans                                                87,375   +    1,213   -   62,634       87,906
    Primary credit                                           14,855   -      257   -   50,135       14,759
    Secondary credit                                            985   +       12   +      951          999
    Seasonal credit                                               0            0   -        1            1
    Primary dealer and other broker-dealer credit (6)             0            0   -   32,054            0
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                              0            0   -   14,593            0
    Credit extended to American International
      Group, Inc., net (7)                                   24,440   +    2,020   -   13,896       25,825
    Term Asset-Backed Securities Loan Facility, net (8)      47,094   -      563   +   47,094       46,321
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (9)                                 11,199   -    2,614   -  305,002        8,655
  Net portfolio holdings of Maiden Lane LLC (10)             26,761   +       17   -      219       26,778
  Net portfolio holdings of Maiden Lane II LLC (11)          15,426   +       20   -    4,266       15,493
  Net portfolio holdings of Maiden Lane III LLC (12)         22,472   +       61   -    4,565       22,482
  Net portfolio holdings of TALF LLC (13)                       329   +       31   +      329          334
  Preferred interests in AIA Aurora LLC and ALICO
    Holdings LLC (14)                                        25,106            0   +   25,106       25,106
  Float                                                      -1,983   +        1   +       34       -2,108
  Central bank liquidity swaps (15)                             175   -    1,075   -  465,678          175
  Other Federal Reserve assets (16)                          96,595   -      328   +   52,384       95,876
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    5,200            0   +    3,000        5,200
Treasury currency outstanding (17)                           42,740   +       14   +    1,011       42,740
       
Total factors supplying reserve funds                     2,293,657   +    3,842   +  249,027    2,288,229

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                                    Jan 27, 2010 Jan 20, 2010 Jan 28, 2009 Jan 27, 2010

Currency in circulation (17)                                917,935   -    1,351   +   30,832      918,657
Reverse repurchase agreements (18)                           57,327   -    6,710   -   15,804       57,794
  Foreign official and international accounts                57,327   -    6,710   -   15,804       57,794
  Dealers                                                         0            0            0            0
Treasury cash holdings                                          248   -        6   -       39          233
Deposits with F.R. Banks, other than reserve balances       146,877   -   12,282   -   91,568      138,366       
  U.S. Treasury, general account                            135,038   -    8,870   +   79,499      126,772
  U.S. Treasury, supplementary financing account              5,001            0   -  169,839        5,001
  Foreign official                                            3,573   +      413   +    3,405        3,466
  Service-related                                             2,761            0   -    1,643        2,761
    Required clearing balances                                2,761            0   -    1,643        2,761
    Adjustments to compensate for float                           0            0            0            0
  Other                                                         505   -    3,824   -    2,990          367
Other liabilities and capital (19)                           66,725   -    1,424   +   16,296       65,234

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,189,113   -   21,771   -   60,283    1,180,284

Reserve balances with Federal Reserve Banks               1,104,544   +   25,613   +  309,310    1,107,945
                                                                
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. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and 
   allowance for loan restructuring.  Excludes credit extended to consolidated LLCs.
8. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term 
   Asset-Backed Securities Loan Facility, net of unamortized deferred administrative fees.
9. Refer to table 7 and the note on consolidation accompanying table 11.
10. Refer to table 4 and the note on consolidation accompanying table 11.
11. Refer to table 5 and the note on consolidation accompanying table 11.
12. Refer to table 6 and the note on consolidation accompanying table 11.
13. Refer to table 8 and the note on consolidation accompanying table 11.
14. Refer to table 9.
15. 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.
16. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
    and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora LLC and 
    ALICO Holdings LLC.
17. Estimated.
18. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt 
    securities.
19. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC,  
    Maiden Lane III LLC, and TALF 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 11.

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
                                                         Jan 27, 2010 Jan 20, 2010 Jan 28, 2009 Jan 27, 2010

Marketable securities held in custody for foreign
      official and international accounts (1)             2,948,113   +    2,307   +  399,843    2,948,980
  U.S. Treasury securities                                2,179,464   +      732   +  442,465    2,179,714
  Federal agency securities (2)                             768,650   +    1,576   -   42,620      769,266
Securities lent to dealers                                    4,883   -    1,334   -  127,570        4,108   
  Overnight facility (3)                                      4,883   -    1,334   -    2,476        4,108
    U.S. Treasury securities                                  4,383   -    1,339   -    2,976        3,543
    Federal agency debt securities                              500   +        5   +      500          565
  Term facility (4)                                               0            0   -  125,094            0

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. U.S. Treasury securities only. 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,   January 27, 2010
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                   38,531           0         ---          ---           ---        ---      38,531
Other loans (1)                       15,330         430            0      72,146             0        ---      87,906
U.S. Treasury securities (2) 
  Holdings                            16,564      26,640       46,210     327,157       214,778    145,270     776,619
  Weekly changes                  +    2,157  -    2,156   +        1  +        2    +        2 +        3  +        8
Federal agency debt securities (3) 
  Holdings                               813       2,318       24,279     100,545        33,371      2,347     163,673
  Weekly changes                  +      813  -      813   +    1,261  +      209             0          0  +    1,470
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    969,728     969,728
  Weekly changes                           0           0            0           0             0 -    1,173  -    1,173
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                       977       2,966            0         ---           ---        ---       3,943
Asset-backed securities held by
  TALF LLC (6)                             0           0            0           0             0          0           0
Repurchase agreements (7)                  0           0          ---         ---           ---        ---           0
Central bank liquidity swaps (8)          75         100            0           0             0          0         175

Reverse repurchase agreements (7)     57,794           0          ---         ---           ---        ---      57,794
  
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, Maiden 
   Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
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                                                                                    Jan 27, 2010

Mortgage-backed securities held outright (1)                                                       969,728

Commitments to buy mortgage-backed securities (2)                                                  135,161
Commitments to sell mortgage-backed securities (2)                                                   2,000

Cash and cash equivalents (3)                                                                          656

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 10 and table 11.


4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Jan 27, 2010
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       26,778

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)                                   424
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,253
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if
   the transaction were to be conducted in an orderly market on the measurement date.  Revalued quarterly. 
   This table reflects valuations as of September 30, 2009.  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 11.
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 10 and table 11.

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                                                                                     Jan 27, 2010

Net portfolio holdings of Maiden Lane II LLC (1)                                                     15,493

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            15,479
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    280
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,039

1. Fair value.  Fair value reflects an estimate of the price that would be received upon selling an asset if 
   the transaction were to be conducted in an orderly market on the measurement date.  Revalued quarterly.  
   This table reflects valuations as of September 30, 2009.  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 11.
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 10 and table 11.

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                                                                                     Jan 27, 2010

Net portfolio holdings of Maiden Lane III LLC (1)                                                    22,482

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            17,743
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    357
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,206

1. Fair value.  Fair value reflects an estimate of the price that would be received upon selling an asset if 
   the transaction were to be conducted in an orderly market on the measurement date.  Revalued quarterly.  
   This table reflects valuations as of September 30, 2009.  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 11.
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 10 and table 11.

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                                                                                     Jan 27, 2010

Commercial paper holdings, net (1)                                                                    3,787
Other investments, net                                                                                4,868
Net portfolio holdings of Commercial Paper Funding Facility LLC                                       8,655

Memorandum: Commercial paper holdings, face value                                                     3,943

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)             3,911
Accrued interest payable to the Federal Reserve Bank of New York (2)                                      1

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 11.

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 TALF LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jan 27, 2010

Asset-backed securities holdings (1)                                                                      0
Other investments, net                                                                                  334
Net portfolio holdings of TALF LLC                                                                      334

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
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                   103

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.  
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 11.
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 10 and table 11.

Note:  On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan
Facility (TALF) under the authority of section 13(3) of the Federal Reserve Act.  The TALF is a facility under 
which the Federal Reserve Bank of New York (FRBNY) extends loans with a term of up to five years to holders of 
eligible asset-backed securities.  The TALF is intended to assist financial markets in accommodating the credit 
needs of consumers and businesses by facilitating the issuance of asset-backed securities collateralized by a 
variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are non-recourse, 
meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY.  The 
loans are extended for the market value of the security less an amount known as a haircut.  As a result, the 
borrower bears the initial risk of a decline in the value of the security. 

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by
the FRBNY in connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a 
fee, to purchase all asset-backed securities received by the FRBNY in conjunction with a TALF loan at a price 
equal to the TALF loan plus accrued but unpaid interest.  Losses on asset-backed securities held by TALF LLC 
will be offset in the following order: by the commitment fees collected by TALF LLC, by the interest received on 
investments of TALF LLC, by up to $20 billion in subordinated debt funding provided by the U.S. Treasury, and 
finally, by senior debt funding provided by the FRBNY.  Payments by TALF LLC from the proceeds of its net portfolio 
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal 
due to the U.S. Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury.  Any remaining funds 
will be shared by the FRBNY and the U.S. Treasury.


9.  Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in AIA Aurora LLC and 
    ALICO Holdings LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jan 27, 2010

Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                     25,106
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                    93

Preferred interests in AIA Aurora LLC (1)                                                            16,068
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                           59

Preferred interests in ALICO Holdings LLC (1)                                                         9,038
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                       33

Note:  Components may not sum to totals because of rounding.

1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

Note on preferred interests:  

In conjunction with the restructuring of the government's assistance to American 
International Group, Inc. (AIG) announced March 2, 2009, the outstanding balance and amount available of revolving 
credit provided to AIG by the FRBNY has been reduced in exchange for preferred interests in two special purpose 
vehicles, AIA Aurora LLC and ALICO Holdings LLC.  These two limited liability companies were created to directly or 
indirectly hold all of the outstanding common stock of American International Assurance Company Ltd. (AIA) and 
American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG.  AIG will retain control of AIA 
Aurora LLC and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with 
respect to its preferred interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.  On a 
quarterly basis, the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC 
and ALICO Holdings LLC.


10. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Jan 27, 2010     Jan 20, 2010     Jan 28, 2009

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          5,200                0       +    3,000
Coin                                                                2,230       +       80       +      374
Securities, repurchase agreements, term auction
      credit, and other loans                                   2,036,457       +    1,267       +  955,165
  Securities held outright (1)                                  1,910,020       +      305       +1,399,149
    U.S. Treasury securities                                      776,619       +        8       +  301,490       
      Bills (2)                                                    18,423                0                0
      Notes and bonds, nominal (2)                                708,872                0       +  295,958
      Notes and bonds, inflation-indexed (2)                       43,777                0       +    4,399
      Inflation compensation (3)                                    5,547       +        8       +    1,132
    Federal agency debt securities (2)                            163,673       +    1,470       +  135,308
    Mortgage-backed securities (4)                                969,728       -    1,173       +  962,351
  Repurchase agreements (5)                                             0                0                0    
  Term auction credit                                              38,531                0       -  377,100
  Other loans                                                      87,906       +      962       -   66,884
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                          8,655       -    4,456       -  239,436
Net portfolio holdings of Maiden Lane LLC (7)                      26,778       +       20       +    1,006
Net portfolio holdings of Maiden Lane II LLC (8)                   15,493       +       78       -    3,471
Net portfolio holdings of 
  Maiden Lane III LLC (9)                                          22,482       +       11       -    4,974
Net portfolio holdings of TALF LLC (10)                               334       +       36       +      334
Preferred interests in AIA Aurora LLC and 
  ALICO Holdings LLC (11)                                          25,106                0       +   25,106
Items in process of collection                         (179)          309       -      358       -      959
Bank premises                                                       2,245       +        2       +       62
Central bank liquidity swaps (12)                                     175       -    1,075       -  465,497
Other assets (13)                                                  93,663       -      535       +   50,905
     
      Total assets                                     (179)    2,250,164       -    4,929       +  321,615

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. 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 Jan 27, 2010     Jan 20, 2010     Jan 28, 2009
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  878,375       -      947       +   29,580
Reverse repurchase agreements (14)                                 57,794       -    5,136       -   14,420
Deposits                                                 (0)    1,246,343       +    4,232       +  290,872       
  Depository institutions                                       1,110,737       +   47,695       +  370,334
  U.S. Treasury, general account                                  126,772       -   43,665       +   88,055
  U.S. Treasury, supplementary financing account                    5,001                0       -  169,839
  Foreign official                                                  3,466       +      251       +    3,358
  Other                                                  (0)          367       -       48       -    1,036
Deferred availability cash items                       (179)        2,417       -    1,177       -      393
Other liabilities and accrued dividends (15)                       12,864       -    2,284       +    4,314

      Total liabilities                                (179)    2,197,793       -    5,313       +  309,953
                          
Capital accounts
Capital paid in                                                    25,668       +       19       +    4,097
Surplus                                                            25,294       +      102       +    6,317
Other capital accounts                                              1,408       +      261       +    1,247

      Total capital                                                52,371       +      384       +   11,661

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 11.
7. Refer to table 4 and the note on consolidation accompanying table 11.
8. Refer to table 5 and the note on consolidation accompanying table 11.
9. Refer to table 6 and the note on consolidation accompanying table 11.
10. Refer to table 8 and the note on consolidation accompanying table 11.
11. Refer to table 9.
12. 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. 
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
    and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora LLC and 
    ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt 
    securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC,  
    Maiden Lane III LLC, and TALF 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 11. 


11. Statement of Condition of Each Federal Reserve Bank,   January 27, 2010
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.       5,200        196      1,818        210        237        412        654        424        150         90        153        282        574
Coin                                           2,230         70         85        176        169        315        230        328         40         69        146        238        364
Securities, repurchase agreements, term
      auction credit, and other loans      2,036,457     38,802    862,177     30,352     75,652     69,371    230,637    208,712     75,236     31,889     86,656     92,896    234,077
  Securities held outright (1)             1,910,020     36,640    746,580     29,632     75,461     68,831    230,131    206,685     74,827     31,621     86,217     92,352    231,042
    U.S. Treasury securities                 776,619     14,898    303,561     12,049     30,683     27,987     93,572     84,039     30,425     12,857     35,056     37,551     93,942
      Bills (2)                               18,423        353      7,201        286        728        664      2,220      1,994        722        305        832        891      2,228
      Notes and bonds (3)                    758,196     14,545    296,360     11,763     29,955     27,323     91,352     82,045     29,703     12,552     34,224     36,660     91,714
    Federal agency debt securities (2)       163,673      3,140     63,976      2,539      6,466      5,898     19,720     17,711      6,412      2,710      7,388      7,914     19,798
    Mortgage-backed securities (4)           969,728     18,602    379,043     15,044     38,312     34,946    116,839    104,935     37,990     16,054     43,773     46,888    117,301
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                         38,531      2,025     28,711        563        189        460        388      1,725        395        239        438        540      2,858     
  Other loans                                 87,906        137     86,886        157          2         80        118        302         14         29          1          4        177
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)               8,655          0      8,655          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden Lane 
  LLC (7)                                     26,778          0     26,778          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (8)                             15,493          0     15,493          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (9)                            22,482          0     22,482          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of TALF LLC (10)          334          0        334          0          0          0          0          0          0          0          0          0          0
Preferred interests in AIA Aurora LLC
  and ALICO Holdings LLC (11)                 25,106          0     25,106          0          0          0          0          0          0          0          0          0          0
Items in process of collection                   488         21          0         40        170          9         91         24          7         40         32         30         25
Bank premises                                  2,245        121        262         71        144        237        221        209        136        111        268        253        214
Central bank liquidity swaps (12)                175          7         47         19         13         50         13          6          2          3          2          2         12
Other assets (13)                             93,663      2,363     33,397      3,894      4,570      9,830     10,108      8,142      2,922      1,541      3,315      3,625      9,956
Interdistrict settlement account                   0  +  10,944  + 154,361  +  39,434  -  29,434  + 205,265  -  93,763  - 103,688  -  38,243  -  10,581  -  41,234  -  27,692  -  65,369

      Total assets                         2,250,343     52,936  1,154,890     74,647     51,988    286,371    149,548    115,067     40,578     23,358     49,672     70,254    181,034

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


11. Statement of Condition of Each Federal Reserve Bank,   January 27, 2010 (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           1,080,612     35,574    397,258     38,199     44,648     82,217    137,195     85,218     32,826     19,382     28,740     63,005    116,351
  Less: Notes held by F.R. Banks              202,237      4,771     70,774      6,261      8,469     11,365     34,222     13,175      4,549      2,817      3,559     13,722     28,553
    Federal Reserve notes, net                878,375     30,803    326,484     31,938     36,180     70,852    102,973     72,043     28,277     16,565     25,181     49,283     87,798
Reverse repurchase agreements (14)             57,794      1,109     22,590        897      2,283      2,083      6,963      6,254      2,264        957      2,609      2,794      6,991
Deposits                                    1,246,343     18,864    781,527     36,002      8,546    198,758     35,293     34,610      9,204      3,914     21,034     16,956     81,634
  Depository institutions                   1,110,737     18,856    646,126     35,995      8,542    198,622     35,290     34,575      9,202      3,914     21,032     16,956     81,628
  U.S. Treasury, general account              126,772          0    126,772          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                           5,001          0      5,001          0          0          0          0          0          0          0          0          0          0
  Foreign official                              3,466          2      3,436          4          3         11          3          1          0          1          0          1          3
  Other                                           367          6        192          3          1        125          0         33          1          0          1          0          3
Deferred availability cash items                2,596         63          0        224        785         67        269        153         48        326        112        131        417
Other liabilities and accrued                 
  dividends (15)                               12,864        183      8,724        193        291        492        705        628        257        150        258        323        661
   
      Total liabilities                     2,197,972     51,022  1,139,325     69,253     48,085    272,252    146,204    113,688     40,050     21,911     49,194     69,488    177,500
                              
Capital                    
Capital paid in                                25,668        944      7,442      2,802      1,921      7,140      1,600        619        240        712        208        352      1,688
Surplus                                        25,294        944      7,467      2,591      1,910      6,979      1,581        619        240        712        210        353      1,687
Other capital                                   1,408         25        656          0         71          0        164        141         48         22         61         61        158

      Total liabilities and capital         2,250,343     52,936  1,154,890     74,647     51,988    286,371    149,548    115,067     40,578     23,358     49,672     70,254    181,034
                              
Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


11. Statement of Condition of Each Federal Reserve Bank,   January 27, 2010 (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 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9. Refer to table 6 and the note on consolidation below.
10. Refer to table 8 and the note on consolidation below.
11. Refer to table 9.
12. 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.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and accrued dividends on the Federal Reserve Bank of New York's 
    preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 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.  On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was 
formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed 
Securities Loan Facility.

The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC.  The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the 
U.S. Treasury, the FRBNY is primarily responsible for directing the financial activities of TALF LLC.  The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive 
a majority of any residual returns of the LLCs and absorb a majority of any residual losses of the LLCs.  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 10), 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 10).


12. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars

Federal Reserve notes and collateral                                                              Wednesday
                                                                                                Jan 27, 2010
              
Federal Reserve notes outstanding                                                                1,080,612
  Less: Notes held by F.R. Banks not subject to collateralization                                  202,237
    Federal Reserve notes to be collateralized                                                     878,375 
Collateral held against Federal Reserve notes                                                      878,375
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         862,139
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                           1,910,020
  Less: Face value of securities under reverse repurchase agreements                                57,124
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                       1,852,895
   
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.