FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks May 25, 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

May 24, 2017 May 17, 2017 May 25, 2016

Wednesday

May 24, 2017

Reserve Bank credit 4,434,634 - 4,491 + 3,348 4,431,843

Securities held outright1 4,256,760 + 2,170 + 18,744 4,253,877

U.S. Treasury securities 2,464,652 - 6 + 2,887 2,464,660

Bills2 0 0 0 0

Notes and bonds, nominal2 2,339,540 - 28 - 2,723 2,339,540

Notes and bonds, inflation-indexed2 106,803 0 + 3,669 106,803

Inflation compensation3 18,309 + 23 + 1,941 18,317

Federal agency debt securities2 8,834 - 1,286 - 16,262 8,834

Mortgage-backed securities4 1,783,274 + 3,461 + 32,120 1,780,383

Unamortized premiums on securities held outright5 167,879 - 111 - 14,849 167,646

Unamortized discounts on securities held outright5 -14,860 - 15 + 1,251 -14,849

Repurchase agreements6 9 0 - 78 62

Loans 50 - 16 - 34 57

Primary credit 5 - 17 - 2 11

Secondary credit 0 0 0 0

Seasonal credit 45 + 2 - 32 47

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,709 0 - 4 1,710

Float -236 + 122 - 91 -351

Central bank liquidity swaps8 41 + 5 - 965 41

Other Federal Reserve assets9 23,283 - 6,646 - 625 23,649

Foreign currency denominated assets10 20,598 + 356 - 113 20,541

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding11 48,838 + 14 + 942 48,838

Total factors supplying reserve funds 4,520,311 - 4,121 + 4,177 4,517,463

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

May 24, 2017 May 17, 2017 May 25, 2016

Wednesday

May 24, 2017

Currency in circulation11 1,548,335 + 946 + 96,134 1,551,551

Reverse repurchase agreements12 425,496 + 28,459 + 115,644 427,317

Foreign official and international accounts 239,643 + 4,661 - 6,509 242,371

Others 185,853 + 23,798 + 122,153 184,946

Treasury cash holdings 247 - 1 + 143 245

Deposits with F.R. Banks, other than reserve balances 275,004 - 16,115 - 99,043 284,636

Term deposits held by depository institutions 16,347 + 16,347 - 50,473 16,347

U.S. Treasury, General Account 167,165 - 18,915 - 101,454 163,058

Foreign official 5,210 + 44 + 31 5,164

Other13 86,281 - 13,592 + 52,852 100,067

Other liabilities and capital14 48,818 + 508 + 1,425 47,551

Total factors, other than reserve balances,

absorbing reserve funds 2,297,900 + 13,796 + 114,303 2,311,300

Reserve balances with Federal Reserve Banks 2,222,412 - 17,915 - 110,125 2,206,163

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 securities, Federal agency debt securities, and 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

May 24, 2017 May 17, 2017 May 25, 2016

Wednesday

May 24, 2017

Securities held in custody for foreign official and international

accounts 3,244,210 + 10,012 + 26,084 3,234,858

Marketable U.S. Treasury securities1 2,919,056 - 2,856 + 15,347 2,910,623

Federal agency debt and mortgage-backed securities2 263,760 + 12,974 - 1,944 262,833

Other securities3 61,395 - 105 + 12,683 61,402

Securities lent to dealers 22,006 - 2,596 + 602 23,178

Overnight facility4 22,006 - 2,596 + 602 23,178

U.S. Treasury securities 21,989 - 2,587 + 600 23,162

Federal agency debt securities 17 - 9 + 2 16

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, May 24, 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 56 2 0 0 0 ... 57

U.S. Treasury securities1

Holdings 11,910 44,608 230,778 1,195,577 349,059 632,730 2,464,660

Weekly changes 0 0 + 1 + 4 + 5 + 14 + 22

Federal agency debt securities2

Holdings 0 737 3,706 2,044 0 2,347 8,834

Weekly changes 0 0 0 0 0 0 0

Mortgage-backed securities3

Holdings 0 0 0 563 11,400 1,768,420 1,780,383

Weekly changes 0 0 0 - 1 - 4 + 2,278 + 2,274

Repurchase agreements4 62 0 ... ... ... ... 62

Central bank liquidity swaps5 41 0 0 0 0 0 41

Reverse repurchase agreements4 427,317 0 ... ... ... ... 427,317

Term deposits 16,347 0 0 ... ... ... 16,347

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 May 24, 2017

Mortgage-backed securities held outright1 1,780,383

Commitments to buy mortgage-backed securities2 19,813

Commitments to sell mortgage-backed securities2 20

Cash and cash equivalents3 11

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 May 24, 2017

Net portfolio holdings of Maiden Lane LLC1 1,710

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 March 31, 2017. 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

May 24, 2017 May 17, 2017 May 25, 2016

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,820 - 15 - 17

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,406,794 + 2,188 + 9,949

Securities held outright1 4,253,877 + 2,297 + 24,070

U.S. Treasury securities 2,464,660 + 22 + 3,023

Bills2 0 0 0

Notes and bonds, nominal2 2,339,540 0 - 2,552

Notes and bonds, inflation-indexed2 106,803 0 + 3,669

Inflation compensation3 18,317 + 22 + 1,906

Federal agency debt securities2 8,834 0 - 16,262

Mortgage-backed securities4 1,780,383 + 2,274 + 37,309

Unamortized premiums on securities held outright5 167,646 - 192 - 14,751

Unamortized discounts on securities held outright5 -14,849 + 30 + 1,240

Repurchase agreements6 62 + 62 - 548

Loans 57 - 10 - 63

Net portfolio holdings of Maiden Lane LLC7 1,710 + 1 - 3

Items in process of collection (0) 60 + 1 - 84

Bank premises 2,199 + 1 - 21

Central bank liquidity swaps8 41 + 5 - 965

Foreign currency denominated assets9 20,541 + 3 - 126

Other assets10 21,450 + 1,560 + 1,008

Total assets (0) 4,470,852 + 3,744 + 9,741

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

May 24, 2017 May 17, 2017 May 25, 2016

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,504,774 + 3,082 + 96,286

Reverse repurchase agreements11 427,317 + 19,736 + 115,594

Deposits (0) 2,490,799 - 18,868 - 203,638

Term deposits held by depository institutions 16,347 + 16,347 - 50,473

Other deposits held by depository institutions 2,206,163 - 41,511 - 133,824

U.S. Treasury, General Account 163,058 - 9,833 - 94,034

Foreign official 5,164 0 - 15

Other12 (0) 100,067 + 16,130 + 74,708

Deferred availability cash items (0) 411 - 66 + 136

Other liabilities and accrued dividends13 6,746 - 167 + 651

Total liabilities (0) 4,430,048 + 3,718 + 9,030

Capital accounts

Capital paid in 30,804 + 26 + 710

Surplus 10,000 0 0

Other capital accounts 0 0 0

Total capital 40,804 + 26 + 710

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 securities, Federal agency debt securities, and 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, May 24, 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 11,037 349 3,592 348 553 776 1,520 737 341 191 292 916 1,422

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

Coin 1,820 48 54 172 128 273 188 282 24 54 116 181 300

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,406,794 85,860 2,481,400 113,780 127,791 258,193 259,398 185,357 58,777 34,372 62,507 176,415 562,944

Securities held outright1 4,253,877 82,881 2,395,324 109,833 123,359 249,237 250,399 178,913 56,725 33,165 60,330 170,295 543,417

U.S. Treasury securities 2,464,660 48,021 1,387,830 63,636 71,473 144,406 145,079 103,660 32,866 19,216 34,955 98,668 314,851

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

Notes and bonds3 2,464,660 48,021 1,387,830 63,636 71,473 144,406 145,079 103,660 32,866 19,216 34,955 98,668 314,851

Federal agency debt securities2 8,834 172 4,974 228 256 518 520 372 118 69 125 354 1,129

Mortgage-backed securities4 1,780,383 34,688 1,002,519 45,969 51,629 104,314 104,800 74,881 23,741 13,881 25,250 71,274 227,437

Unamortized premiums on securities 

held outright5 167,646 3,266 94,400 4,329 4,862 9,822 9,868 7,051 2,236 1,307 2,378 6,711 21,416

Unamortized discounts on securities 

held outright5 -14,849 -289 -8,361 -383 -431 -870 -874 -625 -198 -116 -211 -594 -1,897

Repurchase agreements6 62 1 35 2 2 4 4 3 1 0 1 2 8

Loans 57 0 3 0 0 0 2 15 14 15 9 0 0

Net portfolio holdings of Maiden

Lane LLC7 1,710 0 1,710 0 0 0 0 0 0 0 0 0 0

Items in process of collection 60 0 0 0 0 0 60 0 0 0 0 0 0

Bank premises 2,199 121 441 71 109 202 203 200 112 88 236 221 194

Central bank liquidity swaps8 41 2 13 2 3 9 2 2 0 0 0 1 6

Foreign currency denominated

assets9 20,541 890 6,579 1,104 1,673 4,438 1,198 860 225 87 199 263 3,024

Other assets10 21,450 458 11,519 549 620 1,439 1,269 901 486 185 359 949 2,718

Interdistrict settlement account 0 + 6,104 - 45,135 - 1,564 - 3,513 - 7,409 - 2,592 + 48,305 - 376 + 1,889 + 7,485 + 4,009 - 7,203

Total assets 4,470,852 94,027 2,461,992 114,673 127,602 258,333 261,900 237,068 59,739 36,955 71,348 183,236 563,980

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, May 24, 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 1,680,232 56,854 526,552 55,457 85,584 122,432 223,627 116,094 52,562 31,097 48,562 142,907 218,504

Less: Notes held by F.R. Banks 175,458 5,701 45,374 8,053 10,214 12,501 26,749 11,241 5,513 2,824 5,642 16,373 25,272

Federal Reserve notes, net 1,504,774 51,153 481,178 47,404 75,370 109,931 196,878 104,853 47,048 28,273 42,920 126,534 193,232

Reverse repurchase agreements11 427,317 8,326 240,619 11,033 12,392 25,037 25,153 17,972 5,698 3,332 6,060 17,107 54,588

Deposits 2,490,799 32,591 1,723,855 53,788 36,238 113,911 37,033 112,129 6,380 4,674 21,815 38,806 309,580

Term deposits held by depository

institutions 16,347 55 5,672 3,000 105 300 50 1,965 0 0 2,000 400 2,800

Other deposits held by depository

institutions 2,206,163 32,530 1,507,543 50,786 36,130 113,395 36,974 52,770 6,371 4,674 19,814 38,405 306,772

U.S. Treasury, General Account 163,058 0 163,058 0 0 0 0 0 0 0 0 0 0

Foreign official 5,164 2 5,137 2 3 9 2 2 0 0 0 1 6

Other12 100,067 4 42,444 0 0 208 7 57,393 8 0 1 0 1

Deferred availability cash items 411 0 0 0 0 0 53 0 0 358 0 0 0

Earnings remittances due to the U.S.

Treasury13 1,559 31 855 39 51 90 105 59 23 16 21 71 196

Other liabilities and accrued

dividends 5,188 173 2,465 199 202 509 323 299 135 131 131 205 417

Total liabilities 4,430,048 92,273 2,448,971 112,463 124,253 249,478 259,546 235,314 59,284 36,784 70,948 182,723 558,013

Capital

Capital paid in 30,804 1,321 9,819 1,672 2,535 6,694 1,771 1,336 345 129 303 385 4,495

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 4,470,852 94,027 2,461,992 114,673 127,602 258,333 261,900 237,068 59,739 36,955 71,348 183,236 563,980

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, May 24, 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 securities, Federal

agency debt securities, and 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 May 24, 2017

Federal Reserve notes outstanding 1,680,232

Less: Notes held by F.R. Banks not subject to collateralization 175,458

Federal Reserve notes to be collateralized 1,504,774

Collateral held against Federal Reserve notes 1,504,774

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,488,537

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 4,253,939

Less: Face value of securities under reverse repurchase agreements 414,653

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,839,286

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.