FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                          November 29, 2007
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at           Nov 28, 2007 Nov 21, 2007 Nov 29, 2006 Nov 28, 2007
Federal Reserve Banks

Reserve Bank Credit                                         869,619    +   1,483    +  25,586      865,646
 Securities held outright                                   779,683    +      26    +   7,609      779,693       
    U.S. Treasury (1)                                       779,683    +      26    +   7,609      779,693
       Bills (2)                                            267,019            0    -  10,000      267,019
       Notes and bonds, nominal (2)                         470,984            0    +  10,166      470,984
       Notes and bonds, inflation-indexed (2)                36,911            0    +   6,806       36,911
       Inflation compensation (3)                             4,770    +      27    +     637        4,779
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    49,250    +     964    +  14,500       46,000
 Loans to depository institutions                                55    -     426    -      56           54
    Primary credit                                                7    -     427    -       4            8
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              48    +       2    -      53           46
 Float                                                         -568    +      56    -     165       -1,255
 Other Federal Reserve assets                                41,200    +     863    +   3,699       41,154
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,751    +      14    +     583       38,751
       
Total factors supplying reserve funds                       921,611    +   1,497    +  26,169      917,638
                                                                   
Currency in circulation(5)                                  821,992    +   1,232    +  14,286      821,000
Reverse repurchase agreements (6)                            35,146    +      54    +   4,670       34,272
   Foreign official and international accounts               35,146    +      54    +   4,670       34,272
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          267    -       8    +     104          266
Deposits with F.R.Banks, other than reserve balances         12,071    +     303    -     170       11,586       
  U.S. Treasury, general account                              5,176    +     217    +     146        4,711
  Foreign official                                               97    -       1    +       7           97
  Service-related                                             6,487    +     104    -     345        6,487
     Required clearing balances                               6,487    +     106    -     345        6,487
     Adjustments to compensate for float                          0    -       2            0            0
  Other                                                         311    -      17    +      21          291
Other liabilities and capital                                43,248    +     353    +   7,323       42,447

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  912,724    +   1,934    +  26,213      909,571

Reserve balances with Federal Reserve Banks                   8,887    -     437    -      44        8,067
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         2,031,475    +   5,703    + 320,163    2,033,461
     U.S. Treasury                                        1,225,293    +   2,023    +  76,036    1,223,628
     Federal agency                                         806,181    +   3,679    + 244,127      809,833
  Securities lent to dealers                                  8,006    -     988    +   6,723       10,259   


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.


2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation Nov 28, 2007     Nov 21, 2007     Nov 29, 2006

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                             1,165        -      13        +     379
Securities, repurchase agreements, and loans                   825,747        -   8,981        +  20,009
   Securities held outright                                    779,693        +      23        +   7,083
      U.S. Treasury (1)                                        779,693        +      23        +   7,083       
         Bills (2)                                             267,019                0        -  10,000
         Notes and bonds, nominal (2)                          470,984                0        +   9,616
         Notes and bonds, inflation-indexed (2)                 36,911                0        +   6,806
         Inflation compensation (3)                              4,779        +      23        +     661
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    46,000        -   9,000        +  13,000    
   Loans                                                            54        -       4        -      74
Items in process of collection                      (476)        1,563        -   2,802        -   1,525
Bank premises                                                    2,114                0        +     202
Other assets (5)                                                39,024        +     176        +   3,132
      Total assets                                  (476)      882,848        -  11,623        +  22,196
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  783,675        -   2,702        +  12,608
Reverse repurchase agreements (6)                               34,272        -   1,111        +   3,549
Deposits                                              (0)       19,576        -   7,117        +     334       
  Depository institutions                                       14,477        -   6,490        +     449
  U.S. Treasury, general account                                 4,711        -     613        -      96
  Foreign official                                                  97        +       1        +       5
  Other                                               (0)          291        -      15        -      25
Deferred availability cash items                    (476)        2,878        -     210        -     995
Other liabilities and accrued dividends (7)                      5,904        +       8        -      80
      Total liabilities                             (476)      846,305        -  11,132        +  15,415
                          
Capital Accounts
Capital paid in                                                 18,278        +     189        +   2,973
Surplus                                                         15,457                0        +   4,903
Other capital accounts                                           2,809        -     679        -   1,095
      Total capital                                             36,543        -     490        +   6,781


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 securites.
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.



3. Maturity Distribution of Loans and Securities,  November 28, 2007
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days              49       58,200   +   1,321            0           0       46,000       34,272
16 days to 90 days           5      158,806   -   1,219            0           0            0            0
91 days to 1 year            0      160,446   -      99            0           0     ------      ------
Over 1 to 5 years     ------        231,534   +       8            0           0     ------      ------
Over 5 to 10 years    ------         81,931   +       4            0           0     ------      ------
Over 10 years         ------         88,776   +       9            0           0     ------      ------
                   		 	
All                         54      779,693   +      23            0           0       46,000      34,272

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.



4. Statement of Condition of Each Federal Reserve Bank on  November 28, 2007
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        449      4,053        455        428        869      1,117        903        326        203        335        613      1,286
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,165         37         59         86        111        130        153        134         49         44         75        125        162
Securities, repurchase agreements,
      and loans                              825,747     38,053    298,981     36,533     33,790     71,540     76,581     69,269     26,393     16,481     26,746     36,282     95,098
   Securities held outright                  779,693     35,933    282,325     34,494     31,908     67,554     72,315     65,398     24,920     15,557     25,239     34,257     89,794
      U.S. Treasury (1)                      779,693     35,933    282,325     34,494     31,908     67,554     72,315     65,398     24,920     15,557     25,239     34,257     89,794
         Bills (2)                           267,019     12,306     96,687     11,813     10,927     23,135     24,765     22,397      8,534      5,328      8,644     11,732     30,752
         Notes and bonds(3)                  512,674     23,627    185,638     22,681     20,980     44,419     47,549     43,001     16,386     10,229     16,596     22,525     59,043
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                46,000      2,120     16,656      2,035      1,882      3,986      4,266      3,858      1,470        918      1,489      2,021      5,298
      Loans                                       54          0          0          4          0          0          0         13          3          7         17          4          7
Items in process of collection                 2,039         81         41        348        202        109        218        172         44        153        118        155        397
Bank premises                                  2,114        120        216         63        154        179        230        204        107        113        259        258        212
Other assets(5)                               39,024      1,272     11,932      3,505      2,278      7,541      3,303      2,494        728        725        749        975      3,522
Interdistrict settlement account                   0    - 2,995    + 6,419    - 1,211    -   866    + 2,857    - 2,701    +   107    + 3,010    -   139    + 3,733    - 2,973    - 5,240
          Total Assets                       883,324     37,132    322,575     39,861     36,201     83,372     79,067     73,494     30,727     17,610     32,081     35,532     95,671

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 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.




4. Statement of Condition of Each Federal Reserve Bank on  November 28, 2007
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           1,004,452     38,782    359,693     41,325     38,479     81,242    108,307     81,516     32,538     18,379     33,268     57,602    113,319
  Less: notes held by F.R. Banks              220,777      5,871     71,215      7,883      7,367     13,938     37,360     14,554      3,864      2,883      3,522     25,390     26,929
    Federal Reserve notes, net                783,675     32,911    288,478     33,441     31,112     67,304     70,947     66,962     28,675     15,496     29,746     32,213     86,390
Reverse repurchase agreements (1)              34,272      1,579     12,410      1,516      1,403      2,969      3,179      2,875      1,095        684      1,109      1,506      3,947
Deposits                                       19,576        425     10,820        519        614      1,728      1,221      1,111        295        304        415        619      1,504
  Depository institutions                      14,477        412      5,857        515        610      1,640      1,217      1,109        282        303        413        619      1,501
  U.S. Treasury, general account                4,711          0      4,711          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 97          1         66          5          3         11          3          2          0          1          0          1          3
  Other                                           291         12        186          0          1         77          0          0         12          0          1          0          0
Deferred availability cash items                3,354        152         72        474        479        257        332        283         71        254        216        174        590
Other liabilities and accrued                 
  dividends (2)                                 5,904        262      1,733        285        277        954        523        468        215        157        197        274        560
   
    Total liabilities                         846,781     35,331    313,512     36,236     33,885     73,212     76,201     71,698     30,351     16,895     31,684     34,786     92,990
                              
Capital                    
Capital paid in                                18,278        985      4,538      1,813      1,154      5,093      1,410        880        180        354        190        362      1,317
Surplus                                        15,457        396      3,842      1,811      1,088      4,099      1,278        861        167        276        176        214      1,248
Other capital                                   2,809        420        683          0         74        968        178         55         29         85         31        170        115
     Total liabilities and capital            883,324     37,132    322,575     39,861     36,201     83,372     79,067     73,494     30,727     17,610     32,081     35,532     95,671
                              

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.


5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars



Federal Reserve notes and collateral        Wednesday
                                          Nov 28, 2007
              
Federal Reserve notes outstanding           1,004,452
   Less: Notes held by F.R. Banks
         not subject to collateralization     220,777
      Federal Reserve Notes to be
         collateralized                       783,675 
Collateral held against Federal Reserve            
   notes                                      783,675
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              770,439
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         825,693
   Less:face value of securities under
         reverse repurchase agreements         34,310
      U.S. Treasury and agency securities
             eligible to be pledged           791,383
   

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 of inflation-indexed securities, and cash value of repurchase agreements.