FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks September 1, 2016

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Aug 31, 2016 Aug 24, 2016 Sep 2, 2015

Wednesday

Aug 31, 2016

Reserve Bank credit 4,418,019 - 19,530 - 19,423 4,417,144

Securities held outright1 4,230,069 - 18,975 - 3,597 4,230,119

U.S. Treasury securities 2,463,598 + 94 + 1,670 2,463,645

Bills2 0 0 0 0

Notes and bonds, nominal2 2,342,468 - 136 - 4,172 2,341,647

Notes and bonds, inflation-indexed2 103,732 + 136 + 5,198 104,553

Inflation compensation3 17,398 + 94 + 645 17,445

Federal agency debt securities2 22,492 0 - 12,601 22,492

Mortgage-backed securities4 1,743,979 - 19,068 + 7,334 1,743,982

Unamortized premiums on securities held outright5 178,438 - 975 - 16,641 178,323

Unamortized discounts on securities held outright5 -15,622 + 34 + 1,624 -15,615

Repurchase agreements6 0 0 0 0

Loans 214 + 2 - 33 207

Primary credit 3 - 3 - 2 1

Secondary credit 0 0 0 0

Seasonal credit 210 + 4 - 32 206

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,707 0 + 8 1,707

Float -551 - 280 - 701 -1,149

Central bank liquidity swaps8 1,351 + 1,329 + 1,214 1,351

Other Federal Reserve assets9 22,414 - 665 - 1,295 22,201

Foreign currency denominated assets10 21,427 - 254 + 1,442 21,228

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding11 48,053 + 14 + 831 48,053

Total factors supplying reserve funds 4,503,740 - 19,770 - 17,149 4,502,667

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Aug 31, 2016 Aug 24, 2016 Sep 2, 2015

Wednesday

Aug 31, 2016

Currency in circulation11 1,465,232 + 1,470 + 85,962 1,468,632

Reverse repurchase agreements12 336,128 - 12,835 + 84,926 422,530

Foreign official and international accounts 242,566 - 1,737 + 76,615 251,162

Others 93,562 - 11,098 + 8,311 171,368

Treasury cash holdings 109 - 10 - 47 112

Deposits with F.R. Banks, other than reserve balances 317,332 + 12,639 + 175,141 334,853

Term deposits held by depository institutions 0 0 0 0

U.S. Treasury, General Account 274,195 + 19,819 + 153,841 288,946

Foreign official 5,274 + 99 + 26 5,167

Other13 37,864 - 7,277 + 21,275 40,740

Other liabilities and capital14 46,979 - 856 - 19,088 45,932

Total factors, other than reserve balances,

absorbing reserve funds 2,165,780 + 408 + 326,894 2,272,060

Reserve balances with Federal Reserve Banks 2,337,960 - 20,178 - 344,043 2,230,607

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

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2. Face value of the securities.

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

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of

the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis. For mortgage-backed securities,

amortization is on an effective-interest basis.

6. Cash value of agreements.

7. Refer to table 4 and the note on consolidation accompanying table 6.

8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned

to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the

foreign central bank.

9. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. Also, includes Reserve

Bank premises and equipment net of allowances for depreciation.

10. Revalued daily at current foreign currency exchange rates.

11. Estimated.

12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

13. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated

financial market utilities. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve

Banks as fiscal agents of the United States.

14. Includes the liability for earnings remittances due to the U.S. Treasury.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Memorandum item Week ended Change from week ended

Aug 31, 2016 Aug 24, 2016 Sep 2, 2015

Wednesday

Aug 31, 2016

Securities held in custody for foreign official and international

accounts 3,188,552 - 18,143 - 158,075 3,185,897

Marketable U.S. Treasury securities1 2,866,110 - 16,193 - 150,781 2,862,957

Federal agency debt and mortgage-backed securities2 262,565 - 2,310 - 22,474 262,953

Other securities3 59,878 + 360 + 15,181 59,986

Securities lent to dealers 22,446 - 660 + 11,642 23,698

Overnight facility4 22,446 - 660 + 11,642 23,698

U.S. Treasury securities 22,430 - 665 + 11,673 23,681

Federal agency debt securities 15 + 4 - 32 17

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

1. Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral

to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.

2. Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the

securities.

3. Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value.

4. Face value. Fully collateralized by U.S. Treasury securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, August 31, 2016

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans 136 71 0 0 0 ... 207

U.S. Treasury securities1

Holdings 0 26,929 161,282 1,209,239 431,098 635,097 2,463,645

Weekly changes - 6,976 0 + 3,200 + 1,896 + 1,930 + 57 + 107

Federal agency debt securities2

Holdings 2,000 1,999 11,736 4,410 0 2,347 22,492

Weekly changes + 2,000 - 2,000 0 0 0 0 0

Mortgage-backed securities3

Holdings 0 0 0 1,185 10,787 1,732,010 1,743,982

Weekly changes 0 0 0 - 37 - 208 - 14,793 - 15,038

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

Central bank liquidity swaps5 1,351 0 0 0 0 0 1,351

Reverse repurchase agreements4 422,530 0 ... ... ... ... 422,530

Term deposits 0 0 0 ... ... ... 0

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

...Not applicable.

1. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of inflation on the

original face value of such securities.

2. Face value.

3. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

4. Cash value of agreements.

5. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to

the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign

central bank.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday Account name Aug 31, 2016

Mortgage-backed securities held outright1 1,743,982

Commitments to buy mortgage-backed securities2 36,009

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 9

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls, and coupon swaps.

3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5 and table 6.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday Account name Aug 31, 2016

Net portfolio holdings of Maiden Lane LLC1 1,707

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 0

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2016. Any assets purchased after this

valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 6.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in

table 5 and table 6.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3) of

the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets through time

to maximize repayment of the credit extended and to minimize disruption to financial markets. The remaining outstanding balances of the senior loan

from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were repaid in full, with interest.
H.4.1

5. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Aug 31, 2016 Aug 24, 2016 Sep 2, 2015

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,931 - 4 + 38

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,393,034 - 15,707 - 18,641

Securities held outright1 4,230,119 - 14,931 - 3,599

U.S. Treasury securities 2,463,645 + 107 + 1,704

Bills2 0 0 0

Notes and bonds, nominal2 2,341,647 - 957 - 4,993

Notes and bonds, inflation-indexed2 104,553 + 957 + 6,019

Inflation compensation3 17,445 + 107 + 678

Federal agency debt securities2 22,492 0 - 12,601

Mortgage-backed securities4 1,743,982 - 15,038 + 7,298

Unamortized premiums on securities held outright5 178,323 - 784 - 16,622

Unamortized discounts on securities held outright5 -15,615 + 28 + 1,620

Repurchase agreements6 0 0 0

Loans 207 - 21 - 40

Net portfolio holdings of Maiden Lane LLC7 1,707 0 + 4

Items in process of collection (0) 218 + 12 - 91

Bank premises 2,212 - 1 - 21

Central bank liquidity swaps8 1,351 + 1,329 + 1,214

Foreign currency denominated assets9 21,228 - 367 + 1,083

Other assets10 19,990 - 1,194 - 1,564

Total assets (0) 4,457,907 - 15,933 - 17,979

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Aug 31, 2016 Aug 24, 2016 Sep 2, 2015

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,422,618 + 3,549 + 85,316

Reverse repurchase agreements11 422,530 + 86,670 + 190,629

Deposits (0) 2,565,460 - 106,497 - 275,870

Term deposits held by depository institutions 0 0 0

Other deposits held by depository institutions 2,230,607 - 110,615 - 464,210

U.S. Treasury, General Account 288,946 + 44,065 + 166,683

Foreign official 5,167 + 3 - 77

Other12 (0) 40,740 - 39,951 + 21,733

Deferred availability cash items (0) 1,366 + 760 + 1,044

Other liabilities and accrued dividends13 5,787 - 416 - 952

Total liabilities (0) 4,417,762 - 15,934 + 167

Capital accounts

Capital paid in 30,145 + 1 + 1,000

Surplus 10,000 0 - 19,145

Other capital accounts 0 0 0

Total capital 40,145 + 1 - 18,146

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

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2. Face value of the securities.

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

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis. For mortgage-backed securities,

amortization is on an effective-interest basis.

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

7. Refer to table 4 and the note on consolidation accompanying table 6.

8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to

the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign

central bank.

9. Revalued daily at current foreign currency exchange rates.

10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated

financial market utilities. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the

Reserve Banks as fiscal agents of the United States.

13. Includes the liability for earnings remittances due to the U.S. Treasury.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, August 31, 2016

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 11,037 355 3,588 359 586 760 1,541 753 360 193 296 875 1,371

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

Coin 1,931 48 77 156 136 302 190 279 32 55 136 196 324

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,393,034 107,911 2,499,813 119,275 131,558 268,462 245,869 175,053 55,500 32,479 61,156 156,370 539,588

Securities held outright1 4,230,119 103,914 2,407,222 114,857 126,685 258,518 236,756 168,549 53,388 31,187 58,872 150,570 519,602

U.S. Treasury securities 2,463,645 60,520 1,401,979 66,893 73,782 150,563 137,888 98,164 31,093 18,163 34,288 87,693 302,619

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

Notes and bonds3 2,463,645 60,520 1,401,979 66,893 73,782 150,563 137,888 98,164 31,093 18,163 34,288 87,693 302,619

Federal agency debt securities2 22,492 553 12,799 611 674 1,375 1,259 896 284 166 313 801 2,763

Mortgage-backed securities4 1,743,982 42,841 992,443 47,353 52,229 106,581 97,609 69,489 22,010 12,858 24,272 62,077 214,220

Unamortized premiums on securities 

held outright5 178,323 4,381 101,478 4,842 5,340 10,898 9,981 7,105 2,251 1,315 2,482 6,347 21,904

Unamortized discounts on securities 

held outright5 -15,615 -384 -8,886 -424 -468 -954 -874 -622 -197 -115 -217 -556 -1,918

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

Loans 207 0 0 0 0 0 7 21 59 93 19 8 0

Net portfolio holdings of Maiden

Lane LLC7 1,707 0 1,707 0 0 0 0 0 0 0 0 0 0

Items in process of collection 218 0 0 0 0 0 217 0 0 1 0 0 0

Bank premises 2,212 118 434 72 105 206 208 202 115 90 240 225 197

Central bank liquidity swaps8 1,351 60 446 74 103 301 75 36 14 6 13 17 206

Foreign currency denominated

assets9 21,228 937 7,014 1,167 1,616 4,731 1,178 569 218 91 212 269 3,227

Other assets10 19,990 521 10,866 543 601 1,387 1,128 810 463 169 325 714 2,462

Interdistrict settlement account 0 - 22,774 - 25,596 - 10,404 - 1,549 + 1,692 + 11,480 + 2,624 + 1,264 + 2,012 - 292 + 14,049 + 27,493

Total assets 4,457,907 87,373 2,500,166 111,453 133,393 278,253 262,540 180,750 58,116 35,186 62,239 172,997 575,441

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, August 31, 2016 (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 1,613,018 50,519 526,926 50,353 81,481 113,988 222,030 105,903 50,096 27,797 41,343 133,718 208,864

Less: Notes held by F.R. Banks 190,399 6,366 56,521 6,604 9,638 14,158 28,995 12,364 5,476 3,094 5,326 15,853 26,002

Federal Reserve notes, net 1,422,618 44,153 470,405 43,748 71,843 99,830 193,035 93,539 44,620 24,702 36,016 117,865 182,862

Reverse repurchase agreements11 422,530 10,380 240,448 11,473 12,654 25,822 23,649 16,836 5,333 3,115 5,881 15,040 51,901

Deposits 2,565,460 30,925 1,773,315 53,859 45,636 143,282 43,003 68,588 7,580 5,939 19,814 39,328 334,192

Term deposits held by depository

institutions 0 0 0 0 0 0 0 0 0 0 0 0 0

Other deposits held by depository

institutions 2,230,607 30,922 1,446,078 53,857 45,633 143,054 42,994 61,237 7,572 5,938 19,812 39,327 334,183

U.S. Treasury, General Account 288,946 0 288,946 0 0 0 0 0 0 0 0 0 0

Foreign official 5,167 2 5,140 2 3 9 2 1 0 0 0 1 6

Other12 40,740 2 33,150 0 0 219 7 7,349 8 0 1 1 3

Deferred availability cash items 1,366 0 0 0 0 0 249 0 0 1,117 0 0 0

Earnings remittances due to the U.S.

Treasury13 1,187 22 744 21 23 32 78 49 15 8 15 50 130

Other liabilities and accrued

dividends 4,600 144 2,098 182 188 476 308 246 137 133 120 205 361

Total liabilities 4,417,762 85,624 2,487,011 109,282 130,344 269,442 260,321 179,257 57,685 35,015 61,846 172,489 569,446

Capital

Capital paid in 30,145 1,306 9,857 1,620 2,287 6,580 1,664 1,225 329 128 293 381 4,474

Surplus 10,000 442 3,299 550 762 2,230 555 268 103 43 100 127 1,521

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

Total liabilities and capital 4,457,907 87,373 2,500,166 111,453 133,393 278,253 262,540 180,750 58,116 35,186 62,239 172,997 575,441

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, August 31, 2016 (continued)

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2. Face value of the securities.

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

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal

agency debt securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.

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

7. Refer to table 4 and the note on consolidation below.

8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate

equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.

9. Revalued daily at current foreign currency exchange rates.

10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities. Also includes certain

deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.

13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after

providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $10 billion surplus.

Note on consolidation:

On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to acquire certain

assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of

the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual returns and could have absorbed any

residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the assets and liabilities of FRBNY in the preparation

of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was eliminated, the net assets of ML appeared as assets on the previous

page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only to the ML portfolio holdings, were included in other liabilities in this table (and table 1

and table 5).
H.4.1

7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents’ Accounts

Millions of dollars

Wednesday Federal Reserve notes and collateral Aug 31, 2016

Federal Reserve notes outstanding 1,613,018

Less: Notes held by F.R. Banks not subject to collateralization 190,399

Federal Reserve notes to be collateralized 1,422,618

Collateral held against Federal Reserve notes 1,422,618

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,406,381

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 4,230,119

Less: Face value of securities under reverse repurchase agreements 391,467

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,838,652

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

1. Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright, compensation to

adjust for the effect of inflation on the original face value of inflation-indexed securities, and cash value of repurchase

agreements.

2. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.