Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 812,719 + 6,209 + 27,209 817,793

Securities held outright 744,306 + 806 + 32,338 744,168

U.S. Treasury1 744,306 + 806 + 32,338 744,168

Bills2 271,270 + 142 + 9,712 271,270

Notes and bonds, nominal2 449,757 + 599 + 17,231 449,595

Notes and bonds, inflation-indexed2 19,983 0 + 4,300 19,983

Inflation compensation3 3,295 + 64 + 1,095 3,319

Federal agency2 0 0 0 0

Repurchase agreements4 29,821 + 5,250 - 3,822 35,250

Loans to depository institutions 103 - 15 + 30 86

Primary credit 6 - 17 0 4

Secondary credit 0 0 0 0

Seasonal credit 97 + 3 + 30 81

Float 919 - 178 + 1,030 886

Other Federal Reserve assets 37,569 + 346 - 2,369 37,403

Gold stock 11,041 0 - 2 11,041

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

Treasury currency outstanding5 36,541 + 14 + 106 36,541

Total factors supplying reserve funds 862,500 + 6,223 + 27,311 867,574

Currency in circulation5 780,611 + 3,633 + 26,731 780,224

Reverse repurchase agreements6 25,782 + 854 - 2,304 30,055

Foreign official and international accounts 25,782 + 854 - 2,304 30,055

Dealers 0 0 0 0

Treasury cash holdings 204 - 6 - 75 204

Deposits with F.R. Banks, other than reserve balances 14,212 - 122 - 1,420 13,725

U.S. Treasury, general account 5,090 - 17 - 127 4,634

Foreign official 83 + 2 - 5 82

Service-related 8,754 - 69 - 1,270 8,754

Required clearing balances 8,754 - 69 - 1,270 8,754

Adjustments to compensate for float 0 0 0 0

Other 284 - 39 - 19 255

Other liabilities and capital 32,315 + 204 + 6,787 31,865

Total factors, other than reserve balances,

absorbing reserve funds 853,124 + 4,563 + 29,719 856,073

Reserve balances with Federal Reserve Banks 9,376 + 1,659 - 2,407 11,501

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,503,955 + 4,306 + 181,321 1,506,953

U.S. Treasury 1,100,118 + 1,687 + 37,903 1,101,226

Federal agency 403,837 + 2,619 + 143,418 405,727

Securities lent to dealers 2,955 - 746 + 1,368 5,052

FEDERAL RESERVE statistical release

 December 1, 2005

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

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

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

2. Face value of the securities.

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

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

5. Estimated.

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

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

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

Change from week ended Wednesday

 Nov 30, 2005 Week ended

 Nov 30, 2005 Nov 23, 2005 Dec 1, 2004
Note: Components may not sum to totals because of rounding.

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

2. Face value of the securities.

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

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

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

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

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

Assets

Gold certificate account 11,037 + 1 - 2

Special drawing rights certificate account 2,200 0 0

Coin 684 - 22 - 19

Securities, repurchase agreements, and loans 779,504 + 2,596 + 32,807

Securities held outright 744,168 - 133 + 31,277

U.S. Treasury1 744,168 - 133 + 31,277

Bills2 271,270 0 + 8,793

Notes and bonds, nominal2 449,595 - 189 + 17,069

Notes and bonds, inflation-indexed2 19,983 0 + 4,300

Inflation compensation3 3,319 + 56 + 1,114

Federal agency2 0 0 0

Repurchase agreements4 35,250 + 2,750 + 1,500

Loans 86 - 22 + 30

Items in process of collection (995) 6,976 - 491 - 1,027

Bank premises 1,846 + 3 + 94

Other assets5 35,505 - 96 - 2,655

Total assets (995) 837,752 + 1,991 + 29,199

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 744,567 - 1,015 + 26,340

Reverse repurchase agreements6 30,055 + 5,568 + 2,516

Deposits (0) 25,174 - 1,722 - 5,272

Depository institutions 20,204 - 2,180 - 4,576

U.S. Treasury, general account 4,634 + 472 - 630

Foreign official 82 + 2 - 2

Other (0) 255 - 15 - 63

Deferred availability cash items (995) 6,091 - 608 - 1,009

Other liabilities and accrued dividends7 4,231 + 37 + 1,196

Total liabilities (995) 810,118 + 2,259 + 23,772

Capital accounts

Capital paid in 13,501 + 3 + 1,957

Surplus 11,630 0 + 2,783

Other capital accounts 2,503 - 272 + 688

Total capital 27,634 - 269 + 5,428

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Dec 1, 2004

Eliminations from

consolidation Wednesday

 Nov 30, 2005

Wednesday

 Nov 23, 2005

3. Maturity Distribution of Loans and Securities, November 30, 2005

Millions of dollars

 Federal agency

securities

Weekly

changes Holdings

 U.S. Treasury

securities1

Holdings Weekly

changes

Loans Repurchase

agreements2

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

 . . . Not applicable.

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

face value of such securities.

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

Reverse

repurchase

agreements2

Within 15 days 58 48,773 - 7,042 0 0 35,250 30,055

16 days to 90 days 28 163,763 + 8,191 0 0 0 0

91 days to 1 year 0 187,020 - 1,231 0 0 . . . . . . 

Over 1 year to 5 years . . . 210,726 - 86 0 0 . . . . . . 

Over 5 years to 10 years . . . 56,690 + 9 0 0 . . . . . . 

Over 10 years . . . 77,194 + 24 0 0 . . . . . . 

All 86 744,168 - 133 0 0 35,250 30,055

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on November 30, 2005Millions of dollars

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

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

and loans

Securities held outright

U.S. Treasury1

Bills2Notes and bonds3

Federal agency2

Repurchase agreements4

Loans

Items in process of collectionBank premisesOther assets5Interdistrict settlement account

Total assets

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

 11,037 2,200 684 779,504 744,168 744,168 271,270 472,898 0 35,250 86 7,972 1,846 35,505 0 838,747

Assets, liabilities, and capital

 4,355 874 51 330,339 295,089 295,089 107,568 187,520 0 35,250 0 419 203 13,518 -32,899 316,859

 510 115 30 38,074 38,074 38,074 13,879 24,195 0 0 0 372 108 3,089 - 2,404 39,894

 432 83 46 26,399 26,399 26,399 9,623 16,776 0 0 0 386 53 977 + 6,799 35,176

 453 104 52 31,437 31,437 31,437 11,460 19,978 0 0 0 403 158 2,344 + 1,354 36,304

 836 147 56 56,793 56,792 56,792 20,702 36,090 0 0 0 535 144 4,604 + 6,800 69,914

 945 166 90 57,584 57,573 57,573 20,987 36,586 0 0 12 1,703 271 1,966 + 4,169 66,895

 928 212 74 67,045 67,016 67,016 24,429 42,587 0 0 29 195 211 2,443 + 1,782 72,890

 327 71 33 23,100 23,092 23,092 8,418 14,674 0 0 8 237 70 864 + 328 25,029

 2   15,5 15,5 15,5 5,6 9,8    3 1 7 - 2 16,7
 899,790

 155,223 744,567 744,567 11,037 2,200 731,330 0 779,418 30,092 749,326

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

LiabilitiesFederal Reserve notes outstanding

Less: notes held by F.R. Banks

Federal Reserve notes, net

Reverse repurchase agreements1

Deposits

Depository institutionsU.S. Treasury, general accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends2

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

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

 899,790 155,223 744,567 30,055 25,174 20,204 4,634 82 255 7,086 4,231 811,113 13,501 11,630 2,503 838,747

 39,314 4,681 34,632 1,538 1,245 1,237 0 5 2 576 218 38,209 316 1,353 17 39,894

 328,762 44,437 284,325 11,918 10,786 5,933 4,634 53 166 790 1,456 309,275 3,683 3,430 470 316,859

 37,467 6,181 31,286 1,066 735 734 0 1 0 539 172 33,799 744 294 339 35,176

 36,546 5,420 31,126 1,270 990 986 0 4 0 616 217 34,218 1,010 1,065 11 36,304

 69,052 12,329 56,723 2,294 2,834 2,752 0 7 75 559 450 62,860 3,942 2,148 963 69,914

 81,444 21,917 59,527 2,325 1,891 1,889 0 2 0 1,035 339 65,117 889 516 373 66,895

 76,596 10,464 66,132 2,707 1,547 1,544 0 3 0 329 376 71,090 874 763 162 72,890

 26,355 3,481 22,874 933 516 507 0 1 8 169 155 24,646 143 236 4 25,029

 17,3 2,5 14,7 6 3 3    4 1 16,2 2 2  16,7

H.4.14. Statement of Condition of Each Federal Reserve Bank on November 30, 2005 (continued)Millions of dollars

Assets, liabilities, and capital

Federal Reserve notes outstanding

Less: Notes held by F.R. Banks

not subject to collateralization

Federal Reserve notes to be collateralized

Collateral held against Federal Reserve notes

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

Memo:Total U.S. Treasury and agency securities1

Less: face value of securities under

reverse repurchase agreements

U.S. Treasury and agency securities

eligible to be pledged

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

 Nov 30, 2005

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

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