FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks April 6, 2017

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

Apr 5, 2017 Mar 29, 2017 Apr 6, 2016

Wednesday

Apr 5, 2017

Reserve Bank credit 4,434,772 - 1,599 - 8,823 4,435,771

Securities held outright1 4,246,858 - 4,745 + 3,178 4,246,906

U.S. Treasury securities 2,464,407 + 131 + 3,071 2,464,454

Bills2 0 0 0 0

Notes and bonds, nominal2 2,339,470 - 1,141 - 2,428 2,339,280

Notes and bonds, inflation-indexed2 107,043 + 1,142 + 3,542 107,233

Inflation compensation3 17,895 + 132 + 1,958 17,942

Federal agency debt securities2 13,329 0 - 15,928 13,329

Mortgage-backed securities4 1,769,122 - 4,876 + 16,035 1,769,122

Unamortized premiums on securities held outright5 169,357 - 395 - 16,048 169,214

Unamortized discounts on securities held outright5 -14,974 - 14 + 1,387 -14,966

Repurchase agreements6 0 0 0 0

Loans 56 + 45 + 22 13

Primary credit 44 + 41 + 37 0

Secondary credit 0 0 0 0

Seasonal credit 11 + 3 - 16 12

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,709 + 2 - 13 1,718

Float -629 - 278 - 353 -604

Central bank liquidity swaps8 5,075 + 4,068 + 4,929 5,075

Other Federal Reserve assets9 27,321 - 281 - 1,924 28,415

Foreign currency denominated assets10 20,107 - 125 - 745 20,042

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding11 48,740 + 14 + 1,014 48,740

Total factors supplying reserve funds 4,519,860 - 1,710 - 8,554 4,520,794

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

Apr 5, 2017 Mar 29, 2017 Apr 6, 2016

Wednesday

Apr 5, 2017

Currency in circulation11 1,537,153 + 3,051 + 93,220 1,540,054

Reverse repurchase agreements12 520,839 + 51,916 + 178,624 425,190

Foreign official and international accounts 252,177 + 2,180 + 11,208 250,546

Others 268,661 + 49,735 + 167,415 174,644

Treasury cash holdings 266 0 + 55 259

Deposits with F.R. Banks, other than reserve balances 180,578 + 19,957 - 122,073 170,573

Term deposits held by depository institutions 0 0 0 0

U.S. Treasury, General Account 89,210 + 24,023 - 175,113 82,953

Foreign official 5,179 + 11 + 5 5,177

Other13 86,190 - 4,076 + 53,036 82,443

Other liabilities and capital14 47,166 - 1,560 - 262 46,942

Total factors, other than reserve balances,

absorbing reserve funds 2,286,002 + 73,363 + 149,564 2,183,018

Reserve balances with Federal Reserve Banks 2,233,858 - 75,074 - 158,119 2,337,776

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

Apr 5, 2017 Mar 29, 2017 Apr 6, 2016

Wednesday

Apr 5, 2017

Securities held in custody for foreign official and international

accounts 3,214,191 + 7,180 - 43,375 3,205,807

Marketable U.S. Treasury securities1 2,891,595 + 7,857 - 51,238 2,883,278

Federal agency debt and mortgage-backed securities2 260,654 - 412 - 5,912 260,587

Other securities3 61,943 - 265 + 13,776 61,942

Securities lent to dealers 24,328 - 440 + 1,433 19,856

Overnight facility4 24,328 - 440 + 1,433 19,856

U.S. Treasury securities 24,280 - 416 + 1,438 19,803

Federal agency debt securities 48 - 25 - 5 53

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, April 5, 2017

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 0 12 0 0 0 ... 13

U.S. Treasury securities1

Holdings 460 59,336 201,689 1,194,547 380,988 627,435 2,464,454

Weekly changes - 13,099 + 12,425 + 18,321 - 22,346 + 4,752 + 67 + 119

Federal agency debt securities2

Holdings 1,500 3,732 3,706 2,044 0 2,347 13,329

Weekly changes + 1,500 - 1,500 0 0 0 0 0

Mortgage-backed securities3

Holdings 0 0 0 59 11,306 1,757,757 1,769,122

Weekly changes 0 0 0 + 2 + 268 - 266 + 4

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

Central bank liquidity swaps5 5,075 0 0 0 0 0 5,075

Reverse repurchase agreements4 425,190 0 ... ... ... ... 425,190

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 Apr 5, 2017

Mortgage-backed securities held outright1 1,769,122

Commitments to buy mortgage-backed securities2 25,709

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 4

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 Apr 5, 2017

Net portfolio holdings of Maiden Lane LLC1 1,718

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 December 31, 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

Apr 5, 2017 Mar 29, 2017 Apr 6, 2016

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,908 - 4 + 35

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,401,166 - 182 - 11,482

Securities held outright1 4,246,906 + 123 + 3,217

U.S. Treasury securities 2,464,454 + 119 + 3,109

Bills2 0 0 0

Notes and bonds, nominal2 2,339,280 - 1,331 - 2,618

Notes and bonds, inflation-indexed2 107,233 + 1,332 + 3,732

Inflation compensation3 17,942 + 119 + 1,996

Federal agency debt securities2 13,329 0 - 15,928

Mortgage-backed securities4 1,769,122 + 4 + 16,035

Unamortized premiums on securities held outright5 169,214 - 289 - 16,057

Unamortized discounts on securities held outright5 -14,966 - 18 + 1,383

Repurchase agreements6 0 0 0

Loans 13 + 2 - 24

Net portfolio holdings of Maiden Lane LLC7 1,718 + 11 - 4

Items in process of collection (0) 72 + 7 - 96

Bank premises 2,199 - 1 - 21

Central bank liquidity swaps8 5,075 + 4,068 + 4,929

Foreign currency denominated assets9 20,042 - 116 - 973

Other assets10 26,216 + 1,232 - 1,825

Total assets (0) 4,474,634 + 5,016 - 9,435

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

Apr 5, 2017 Mar 29, 2017 Apr 6, 2016

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,493,478 + 3,695 + 93,437

Reverse repurchase agreements11 425,190 - 85,707 + 156,683

Deposits (0) 2,508,349 + 87,640 - 259,753

Term deposits held by depository institutions 0 0 0

Other deposits held by depository institutions 2,337,776 + 67,791 - 129,315

U.S. Treasury, General Account 82,953 + 19,852 - 180,584

Foreign official 5,177 + 13 + 4

Other12 (0) 82,443 - 17 + 50,142

Deferred availability cash items (0) 676 - 107 + 129

Other liabilities and accrued dividends13 6,352 - 498 - 461

Total liabilities (0) 4,434,045 + 5,022 - 9,965

Capital accounts

Capital paid in 30,589 - 6 + 530

Surplus 10,000 0 0

Other capital accounts 0 0 0

Total capital 40,589 - 6 + 530

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, April 5, 2017

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 1,908 51 65 172 132 295 197 289 25 54 121 193 315

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,401,166 108,115 2,504,552 119,501 131,807 268,971 246,329 175,372 55,546 32,450 61,255 156,658 540,611

Securities held outright1 4,246,906 104,326 2,416,774 115,313 127,188 259,544 237,696 169,218 53,599 31,311 59,106 151,167 521,664

U.S. Treasury securities 2,464,454 60,540 1,402,440 66,915 73,806 150,612 137,933 98,196 31,103 18,169 34,299 87,722 302,718

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

Notes and bonds3 2,464,454 60,540 1,402,440 66,915 73,806 150,612 137,933 98,196 31,103 18,169 34,299 87,722 302,718

Federal agency debt securities2 13,329 327 7,585 362 399 815 746 531 168 98 186 474 1,637

Mortgage-backed securities4 1,769,122 43,459 1,006,749 48,036 52,982 108,118 99,016 70,490 22,328 13,043 24,622 62,971 217,308

Unamortized premiums on securities 

held outright5 169,214 4,157 96,294 4,595 5,068 10,341 9,471 6,742 2,136 1,248 2,355 6,023 20,785

Unamortized discounts on securities 

held outright5 -14,966 -368 -8,517 -406 -448 -915 -838 -596 -189 -110 -208 -533 -1,838

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

Loans 13 0 0 0 0 0 0 9 0 2 2 0 0

Net portfolio holdings of Maiden

Lane LLC7 1,718 0 1,718 0 0 0 0 0 0 0 0 0 0

Items in process of collection 72 0 0 0 0 0 71 0 0 0 0 0 0

Bank premises 2,199 119 440 71 111 202 204 200 112 89 237 221 194

Central bank liquidity swaps8 5,075 220 1,625 273 413 1,097 296 212 56 21 49 65 747

Foreign currency denominated

assets9 20,042 869 6,420 1,077 1,632 4,331 1,169 839 219 85 195 256 2,951

Other assets10 26,216 683 14,431 712 793 1,796 1,497 1,054 415 220 429 959 3,228

Interdistrict settlement account 0 - 14,232 - 177,171 + 1,413 - 1,409 + 2,321 + 20,381 + 58,304 + 7,745 + 4,269 + 8,146 + 34,935 + 55,299

Total assets 4,474,634 96,375 2,357,485 123,788 134,303 280,183 272,340 237,446 64,628 37,471 70,880 194,444 605,289

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, April 5, 2017 (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 1,665,180 54,938 530,453 53,599 82,532 118,820 225,289 114,274 52,290 29,246 46,521 141,444 215,775

Less: Notes held by F.R. Banks 171,702 5,908 43,864 7,197 9,535 13,073 24,574 11,660 5,381 3,154 5,696 16,284 25,375

Federal Reserve notes, net 1,493,478 49,030 486,588 46,403 72,997 105,747 200,714 102,613 46,908 26,092 40,824 125,160 190,401

Reverse repurchase agreements11 425,190 10,445 241,961 11,545 12,734 25,985 23,798 16,942 5,366 3,135 5,918 15,135 52,228

Deposits 2,508,349 34,953 1,612,651 63,448 45,055 139,171 44,995 115,848 11,738 7,319 23,597 53,377 356,198

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 2,337,776 34,945 1,498,295 63,445 45,052 138,875 44,986 59,977 11,720 7,319 23,595 53,377 356,191

U.S. Treasury, General Account 82,953 0 82,953 0 0 0 0 0 0 0 0 0 0

Foreign official 5,177 2 5,150 2 3 9 2 2 0 0 0 1 6

Other12 82,443 6 26,253 0 0 288 7 55,869 18 0 1 0 1

Deferred availability cash items 676 0 0 0 0 0 67 0 0 608 0 0 0

Earnings remittances due to the U.S.

Treasury13 1,454 34 875 26 29 32 111 54 30 16 25 64 157

Other liabilities and accrued

dividends 4,898 159 2,393 184 192 487 300 262 135 130 120 194 343

Total liabilities 4,434,045 94,621 2,344,469 121,605 131,007 271,422 269,986 235,718 64,178 37,300 70,484 193,930 599,326

Capital

Capital paid in 30,589 1,321 9,815 1,646 2,481 6,601 1,771 1,309 341 129 300 387 4,490

Surplus 10,000 434 3,202 538 815 2,161 583 419 109 42 97 128 1,473

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

Total liabilities and capital 4,474,634 96,375 2,357,485 123,788 134,303 280,183 272,340 237,446 64,628 37,471 70,880 194,444 605,289

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, April 5, 2017 (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 Apr 5, 2017

Federal Reserve notes outstanding 1,665,180

Less: Notes held by F.R. Banks not subject to collateralization 171,702

Federal Reserve notes to be collateralized 1,493,478

Collateral held against Federal Reserve notes 1,493,478

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,477,241

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 4,246,906

Less: Face value of securities under reverse repurchase agreements 407,756

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,839,149

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.