FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                   March 14, 2013


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Mar 13, 2013 
Federal Reserve Banks                                     Mar 13, 2013  Mar 6, 2013 Mar 14, 2012              

Reserve Bank credit                                         3,110,142   +   25,303   +  238,537    3,147,468  
  Securities held outright (1)                              2,869,306   +   22,673   +  260,797    2,904,443  
    U.S. Treasury securities                                1,767,057   +    9,951   +  104,521    1,769,987  
      Bills (2)                                                     0            0   -   18,423            0  
      Notes and bonds, nominal (2)                          1,678,795   +    9,670   +  111,157    1,680,366  
      Notes and bonds, inflation-indexed (2)                   77,696   +      197   +   10,138       78,879  
      Inflation compensation (3)                               10,567   +       85   +    1,650       10,742  
    Federal agency debt securities (2)                         73,588            0   -   26,215       73,588  
    Mortgage-backed securities (4)                          1,028,660   +   12,721   +  182,490    1,060,869  
  Repurchase agreements (5)                                         0            0            0            0  
  Loans                                                           392   -       17   -    7,030          397  
    Primary credit                                                  6   -       15   -       13           11  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                 0            0   -        4            0  
    Term Asset-Backed Securities Loan Facility (6)                386   -        2   -    7,013          386  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,395   -        4   -    4,902        1,402  
  Net portfolio holdings of Maiden Lane II LLC (8)                 62   +        1   -    3,573           64  
  Net portfolio holdings of Maiden Lane III LLC (9)                22            0   -   17,657           22  
  Net portfolio holdings of TALF LLC (10)                         399   -       93   -      426          399  
  Float                                                          -590   +      158   +      300         -645  
  Central bank liquidity swaps (11)                             7,988   -      355   -   56,885        7,988  
  Other Federal Reserve assets (12)                           231,168   +    2,940   +   67,914      233,397  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (13)                             44,891   +       14   +      517       44,891  
                                                                                                              
Total factors supplying reserve funds                       3,171,274   +   25,317   +  239,054    3,208,600  

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         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Mar 13, 2013 
Federal Reserve Banks                                     Mar 13, 2013  Mar 6, 2013 Mar 14, 2012              

Currency in circulation (13)                                 1,174,938   +    2,326   +   79,704    1,175,819 
Reverse repurchase agreements (14)                              91,305   -    2,525   +    2,794       92,190 
  Foreign official and international accounts                   91,305   -    2,525   +    3,591       92,190 
  Others                                                             0            0   -      797            0 
Treasury cash holdings                                             225   +        6   +       59          222 
Deposits with F.R. Banks, other than reserve balances           75,734   +   11,461   -   17,644       69,450 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                                43,000   +    6,207   +    1,184       28,448 
  Foreign official                                               7,602   -    1,034   +    7,475        7,600 
  Service-related                                                    0            0   -    1,952            0 
    Required clearing balances                                       0            0   -    1,952            0 
    Adjustments to compensate for float                              0            0            0            0 
  Other                                                         25,132   +    6,288   -   24,351       33,403 
Other liabilities and capital (15)                              68,117   +    1,161   -    7,421       68,330 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,410,319   +   12,429   +   57,493    1,406,011 
                                                                                                              
Reserve balances with Federal Reserve Banks                  1,760,956   +   12,889   +  181,562    1,802,589 

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. 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 by the Federal Reserve Bank of New York to eligible borrowers through the      
    Term Asset-Backed Securities Loan Facility.                                                         
7.  Refer to table 4 and the note on consolidation accompanying table 9.                                    
8.  Refer to table 5 and the note on consolidation accompanying table 9.                                    
9.  Refer to table 6 and the note on consolidation accompanying table 9.                                    
10. Refer to table 7 and the note on consolidation accompanying table 9.                                    
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, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through
    the Term Asset-Backed Securities Loan Facility.                                                     
13. Estimated.                                                                                              
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
15. Includes the liabilities of 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 7 and the note on      
    consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
    to U.S. Treasury. Refer to table 8 and table 9.                                                     


Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Mar 13, 2013 
                                                          Mar 13, 2013  Mar 6, 2013 Mar 14, 2012              

Securities held in custody for foreign official and       
     international accounts                                  3,291,173   -    3,942   +  203,040    3,290,865 
  Marketable U.S. Treasury securities (1)                    2,956,027   -    4,521   +  304,696    2,955,260 
  Federal agency debt and mortgage-backed securities (2)       296,831   +       34   -  102,181      297,347 
  Other securities (3)                                          38,314   +      545   +      525       38,259 
Securities lent to dealers                                      14,962   -    3,755   -    5,849       12,751 
  Overnight facility (4)                                        14,962   -    3,755   -    5,849       12,751 
    U.S. Treasury securities                                    14,028   -    3,663   -    5,923       11,891 
    Federal agency debt securities                                 934   -       92   +       74          860 

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, 8, and 9.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the underlying mortgages.                                     
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, March 13, 2013      

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans (1)                                       11             0             0           386             0           ...           397 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                       0             5           308       438,304       880,024       451,345     1,769,987 
  Weekly changes                                 0             0             0    +        8    +    3,689    +    4,526    +    8,224 
Federal agency debt securities (3)                                                                                                     
  Holdings                                   1,165         1,533        23,547        42,952         2,044         2,347        73,588 
  Weekly changes                                 0             0    +    4,068    -    4,068             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0             1             1         2,566     1,058,301     1,060,869 
  Weekly changes                                 0             0             0             0    +       14    +   44,913    +   44,926 
Asset-backed securities held by      
  TALF LLC (5)                                   0             0             0             0             0             0             0 
Repurchase agreements (6)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (7)               888         7,100             0             0             0             0         7,988 
                                                                                                                                       
Reverse repurchase agreements (6)           92,190             0           ...           ...           ...           ...        92,190 
Term deposits                                    0             0             0           ...           ...           ...             0 

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 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 asset-backed securities held by TALF LLC, which is the remaining principal balance of     
    the underlying assets.                                                                              
6.  Cash value of agreements.                                                                               
7.  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
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Mar 13, 2013  

Mortgage-backed securities held outright (1)                                                                             1,060,869  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           98,518  
Commitments to sell mortgage-backed securities (2)                                                                             400  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   32  



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, dollar rolls, and coupon swaps.                                              
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8       
    and table 9.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Mar 13, 2013  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,402  
                                                                                                                                    
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  
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 December 31, 2012. 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 9.                                                  
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 8 and table 9.                      


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
Account name                                                                                                            Wednesday   
                                                                                                                      Mar 13, 2013  

Net portfolio holdings of Maiden Lane II LLC (1)                                                                                64  
                                                                                                                                    
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  
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (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 December 31, 2012. 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 9.                                                  
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 8 and table 9.


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
Account name                                                                                                            Wednesday   
                                                                                                                      Mar 13, 2013  

Net portfolio holdings of Maiden Lane III LLC (1)                                                                               22  
                                                                                                                                    
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  
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (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 December 31, 2012. 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 9.                                                  
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 8 and table 9.                      


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 TALF LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Mar 13, 2013  

Asset-backed securities holdings (1)                                                                                             0  
Other investments, net                                                                                                         399  
Net portfolio holdings of TALF LLC                                                                                             399  
                                                                                                                                    
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)                                            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.         
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 9.                                                  
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 8 and table 9.                      


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 then by the interest
received on investments of TALF LLC. 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.                                                                  




8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Mar 13, 2013   Wednesday    Wednesday  
                                                        consolidation                 Mar 6, 2013 Mar 14, 2012 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        2,149   -       17   -      193  
  Securities, repurchase agreements, and loans                            2,904,841   +   53,146   +  284,004  
    Securities held outright (1)                                          2,904,443   +   53,149   +  290,987  
      U.S. Treasury securities                                            1,769,987   +    8,224   +  110,219  
        Bills (2)                                                                 0            0   -   18,423  
        Notes and bonds, nominal (2)                                      1,680,366   +    6,605   +  115,524  
        Notes and bonds, inflation-indexed (2)                               78,879   +    1,380   +   11,321  
        Inflation compensation (3)                                           10,742   +      238   +    1,797  
      Federal agency debt securities (2)                                     73,588            0   -   26,215  
      Mortgage-backed securities (4)                                      1,060,869   +   44,926   +  206,984  
    Repurchase agreements (5)                                                     0            0            0  
    Loans                                                                       397   -        3   -    6,984  
  Net portfolio holdings of Maiden Lane LLC (6)                               1,402   +        8   -    3,960  
  Net portfolio holdings of Maiden Lane II LLC (7)                               64   +        2   -    3,571  
  Net portfolio holdings of Maiden Lane III LLC (8)                              22            0   -   17,412  
  Net portfolio holdings of TALF LLC (9)                                        399            0   -      426  
  Items in process of collection                                   (0)          574   -       60   +      348  
  Bank premises                                                               2,302   +        2   -       82  
  Central bank liquidity swaps (10)                                           7,988   -      355   -   56,885  
  Other assets (11)                                                         231,095   +    3,904   +   69,402  
                                                                                                               
Total assets                                                       (0)    3,167,073   +   56,630   +  271,224  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Mar 13, 2013   Wednesday    Wednesday  
                                                        consolidation                 Mar 6, 2013 Mar 14, 2012 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,133,295   +      643   +   78,145 
  Reverse repurchase agreements (12)                                          92,190   -    1,277   -    7,060 
  Deposits                                                          (0)    1,872,039   +   55,919   +  206,363 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         1,802,589   +   57,279   +  236,394 
    U.S. Treasury, General Account                                            28,448   -   20,512   -   16,972 
    Foreign official                                                           7,600   -    1,035   +    7,473 
    Other                                                           (0)       33,403   +   20,188   -   20,531 
  Deferred availability cash items                                  (0)        1,219   -      280   -      178 
  Other liabilities and accrued dividends (13)                                13,239   +    1,548   -    6,688 
                                                                                                               
Total liabilities                                                   (0)    3,111,982   +   56,553   +  270,583 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             27,546   +       39   +      321 
  Surplus                                                                     27,546   +       39   +      321 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 55,091   +       77   +      641 

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. 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 4 and the note on consolidation accompanying table 9.                                    
7.  Refer to table 5 and the note on consolidation accompanying table 9.                                    
8.  Refer to table 6 and the note on consolidation accompanying table 9.                                    
9.  Refer to table 7 and the note on consolidation accompanying table 9.                                    
10. 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.     
11. Includes other assets denominated in foreign currencies, which are revalued daily at market             
    exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
    (FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility.               
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes the liabilities of 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 7 and the note on      
    consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
    to U.S. Treasury.                                                                                   

 



9. Statement of Condition of Each Federal Reserve Bank, March 13, 2013
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         408       3,824          437         515         890       1,337         839         313         192         315         725       1,242
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             2,149          42         106          138         157         384         193         314          34          53         166         199         365
  Securities, repurchase agreements,        
     and loans                                 2,904,841      70,543   1,628,776       96,015      73,844     206,713     175,118     161,126      45,408      26,404      58,353     112,862     249,680
    Securities held outright (1)               2,904,443      70,543   1,628,389       96,015      73,844     206,713     175,118     161,126      45,408      26,404      58,352     112,853     249,679
      U.S. Treasury securities                 1,769,987      42,990     992,351       58,512      45,001     125,972     106,718      98,191      27,672      16,091      35,560      68,773     152,156
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    1,769,987      42,990     992,351       58,512      45,001     125,972     106,718      98,191      27,672      16,091      35,560      68,773     152,156
      Federal agency debt securities (2)          73,588       1,787      41,257        2,433       1,871       5,237       4,437       4,082       1,150         669       1,478       2,859       6,326
      Mortgage-backed securities (4)           1,060,869      25,767     594,781       35,070      26,972      75,504      63,963      58,852      16,586       9,644      21,313      41,220      91,197
    Repurchase agreements (5)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            397           0         387            0           0           0           0           0           0           0           1           9           1
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (6)                                  1,402           0       1,402            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (7)                                  64           0          64            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (8)                                 22           0          22            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)             399           0         399            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     574           0           0            0           0           0         573           0           0           0           0           0           0
  Bank premises                                    2,302         117         428           71         114         229         214         201         130         102         251         237         207
  Central bank liquidity swaps (10)                7,988         393       2,553          618         623       1,678         455         228          67          33          81         127       1,133
  Other assets (11)                              231,095       6,237     123,400        8,725       7,134      19,914      13,899      12,176       3,472       2,036       4,422       8,498      21,183
  Interdistrict settlement account                     0  -    4,245  +   12,048   -   10,462  +      801  -   58,411  +   13,543  -   21,644  +      392  -      325  -    9,352  -   13,164  +   90,819
                                                                                                                                                                                                         
Total assets                                   3,167,073      73,692   1,774,840       95,753      83,425     171,808     205,984     153,665      49,965      28,586      54,388     109,765     365,203

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, March 13, 2013 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,395,777      47,201     516,741      46,896      61,400     102,905     175,163      94,465      37,045      23,650      37,747      97,257     155,306
    Less: Notes held by F.R. Banks               262,482      10,318      98,435       4,503       9,247      11,283      30,185      14,484       3,384       6,448       9,426      39,392      25,377
      Federal Reserve notes, net               1,133,295      36,884     418,305      42,393      52,153      91,621     144,978      79,982      33,661      17,202      28,322      57,864     129,930
  Reverse repurchase agreements (12)              92,190       2,239      51,686       3,048       2,344       6,561       5,558       5,114       1,441         838       1,852       3,582       7,925
  Deposits                                     1,872,039      31,552   1,279,622      45,629      24,290      61,160      50,491      66,322      14,153       9,984      23,397      46,946     218,492
    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                           1,802,589      31,534   1,210,379      45,596      24,287      61,068      50,482      66,294      14,152       9,983      23,396      46,941     218,478
    U.S. Treasury, General Account                28,448           0      28,448           0           0           0           0           0           0           0           0           0           0
    Foreign official                               7,600           2       7,572           3           3           8           2           1           0           0           0           1           6
    Other                                         33,403          15      33,223          31           0          84           7          27           0           0           1           5           9
  Deferred availability cash items                 1,219           0           0           0           0           0       1,078           0           0         141           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (13)                         1,317          23         856           2          17          43          80          82          19          11          26          57         101
  Other liabilities and accrued             
     dividends (14)                               11,921         299       6,843         390         344         916         664         595         228         176         235         432         799
                                                                                                                                                                                                        
Total liabilities                              3,111,982      70,997   1,757,313      91,463      79,148     160,302     202,849     152,096      49,502      28,352      53,832     108,882     357,247
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 27,546       1,348       8,763       2,145       2,138       5,753       1,567         785         232         117         278         441       3,978
  Surplus                                         27,546       1,348       8,763       2,145       2,138       5,753       1,567         785         232         117         278         441       3,978
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  3,167,073      73,692   1,774,840      95,753      83,425     171,808     205,984     153,665      49,965      28,586      54,388     109,765     365,203

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, March 13, 2013 (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. 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 4 and the note on consolidation below.                                                                                                                                                   
7.  Refer to table 5 and the note on consolidation below.                                                                                                                                                   
8.  Refer to table 6 and the note on consolidation below.                                                                                                                                                   
9.  Refer to table 7 and the note on consolidation below.                                                                                                                                                   
10. 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.                                                                                                 
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York     
    (FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility.                                                                                                               
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
13. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to      
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the     
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires
    the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount    
    necessary to equate surplus with capital paid-in.                                                                                                                                                   
14. Includes the liabilities of 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 7 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 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 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 8), 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 8).

                                                                            



10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Mar 13, 2013  

Federal Reserve notes outstanding                                                            1,395,777  
  Less: Notes held by F.R. Banks not subject to collateralization                              262,482  
    Federal Reserve notes to be collateralized                                               1,133,295  
Collateral held against Federal Reserve notes                                                1,133,295  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,117,058  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       2,904,443  
  Less: Face value of securities under reverse repurchase agreements                            82,723  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        2,821,721  

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.