FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                              July 16, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Jul 15, 2009  Jul 8, 2009 Jul 16, 2008 Jul 15, 2009

Reserve Bank credit                                       2,011,746   +   34,247   +1,124,290    2,056,850
  Securities held outright (1)                            1,265,707   +   36,942   +  786,703    1,312,150       
    U.S. Treasury securities                                677,162   +    8,673   +  198,158      684,030
      Bills (2)                                              18,423            0   -    3,317       18,423
      Notes and bonds, nominal (2)                          610,833   +    8,622   +  198,441      617,575
      Notes and bonds, inflation-indexed (2)                 42,823   +       20   +    3,652       42,939
      Inflation compensation (3)                              5,083   +       31   -      618        5,095
    Federal agency debt securities (2)                       99,488   +    1,660   +   99,488      101,701
    Mortgage-backed securities (4)                          489,057   +   26,608   +  489,057      526,418
  Repurchase agreements (5)                                       0            0   -  111,143            0
  Term auction credit                                       273,691   -       15   +  123,691      273,691  
  Other loans                                               111,893   -    4,474   +   97,592      113,286
    Primary credit                                           34,457   -      509   +   20,541       34,743
    Secondary credit                                              0            0   -      279            0
    Seasonal credit                                              74   +        4   -       24           82
    Primary dealer and other broker-dealer credit (6)             0            0   -        9            0
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                          7,998   -    4,612   +    7,998        5,469
    Credit extended to American International
      Group, Inc. (7)                                        43,026   -      736   +   43,026       42,871
    Term Asset-Backed Securities Loan Facility               26,338   +    1,379   +   26,338       30,121
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (8)                                112,360   -    1,802   +  112,360      111,053
  Net portfolio holdings of LLCs funded through
    the Money Market Investor Funding Facility (9)                0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (10)             25,958   +       28   -    2,997       25,978
  Net portfolio holdings of Maiden Lane II LLC (11)          15,744   -      180   +   15,744       15,754
  Net portfolio holdings of Maiden Lane III LLC (12)         18,784   -      720   +   18,784       18,814
  Float                                                      -2,114   +       75   -      770       -2,430
  Central bank liquidity swaps (13)                         111,778   +    2,340   +   49,778      111,641
  Other Federal Reserve assets (14)                          77,944   +    2,053   +   34,547       76,913
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (15)                           42,459   +       14   +    3,783       42,459
       
Total factors supplying reserve funds                     2,067,446   +   34,262   +1,128,072    2,112,550

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
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Jul 15, 2009  Jul 8, 2009 Jul 16, 2008 Jul 15, 2009

Currency in circulation (15)                                910,467   -    1,502   +   80,562      910,649
Reverse repurchase agreements (16)                           68,760   -    1,422   +   26,714       66,342
  Foreign official and international accounts                68,760   -    1,422   +   26,714       66,342
  Dealers                                                         0            0            0            0
Treasury cash holdings                                          348   +        7   +       69          349
Deposits with F.R. Banks, other than reserve balances       249,927   +    5,612   +  237,642      274,553       
  U.S. Treasury, general account                             26,431   -    7,769   +   21,720       65,234
  U.S. Treasury, supplementary financing account            199,939            0   +  199,939      199,939
  Foreign official                                            2,961   +      381   +    2,860        1,965
  Service-related                                             4,187   -        2   -    3,008        4,187
    Required clearing balances                                4,187   -        2   -    3,008        4,187
    Adjustments to compensate for float                           0            0            0            0
  Other                                                      16,409   +   13,001   +   16,131        3,229
Other liabilities and capital (17)                           56,206   +    1,415   +   12,104       56,078

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,285,707   +    4,109   +  357,090    1,307,970

Reserve balances with Federal Reserve Banks                 781,739   +   30,153   +  770,982      804,580
                                                                
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 through the Primary Dealer Credit Facility and credit extended to certain
   other broker-dealers.
7. Excludes credit extended to consolidated LLCs.
8. Refer to table 7 and the note on consolidation accompanying table 10.
9. Refer to table 8 and the note on consolidation accompanying table 10.
10. Refer to table 4 and the note on consolidation accompanying table 10.
11. Refer to table 5 and the note on consolidation accompanying table 10.
12. Refer to table 6 and the note on consolidation accompanying table 10.
13. 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.
14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities.
17. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III 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 8 and the note on consolidation accompanying table 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


1A. Memorandum Items 
Millions of dollars
                                                                   Averages of daily figures
Memorandum item                                           Week ended   Change from week ended     Wednesday
                                                         Jul 15, 2009  Jul 8, 2009 Jul 16, 2008 Jul 15, 2009

Marketable securities held in custody for foreign
      official and international accounts (1)             2,782,123   -    4,564   +  434,150    2,789,441
  U.S. Treasury securities                                1,981,788   -      177   +  617,730    1,994,828
  Federal agency securities (2)                             800,336   -    4,386   -  183,579      794,613
Securities lent to dealers                                   14,513   +    4,371   -   89,757       13,666   
  Overnight facility (3)                                     10,263   +    4,371   +    6,121        9,416
  Term facility (4)                                           4,250            0   -   95,878        4,250

Note: Components may not sum to totals because of rounding.

1. Face value of the securities.  Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed 
   securities at face value.
2. Includes debt and mortgage-backed securities.
3. Includes lending of U.S. Treasury securities and federal agency debt securities.  Fully collateralized by 
   U.S. Treasury securities.
4. Includes only lending of U.S. Treasury securities.  Fully collateralized by U.S. Treasury securities, federal 
   agency securities, and other highly rated debt securities. 




2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities,      July 15, 2009
Millions of dollars

Remaining maturity                 Within 15  16 days to  91 days to  Over 1 year  Over 5 years  Over 10       All
                                      days     90 days      1 year     to 5 years   to 10 years   years 
Term auction credit                  170,161     103,530         ---          ---           ---        ---     273,691
Other loans (1)                       32,589       7,704            0      72,992             0        ---     113,286
U.S. Treasury securities (2) 
  Holdings                            14,641      23,658       63,666     277,242       176,253    128,570     684,030
  Weekly changes                  +      922  -    2,157   +    1,221  +   11,076    -      867 +      334  +   10,530
Federal agency debt securities (3) 
  Holdings                               196         750       10,021      69,379        20,143      1,212     101,701
  Weekly changes                           0           0   +    2,651  +    2,031    -      809          0  +    3,873
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    526,418     526,418
  Weekly changes                           0           0            0           0             0 +   63,965  +   63,965
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                    74,026      33,277            0         ---           ---        ---     107,303
Money market instruments held by
  LLCs funded through the Money
  Market Investor Funding
  Facility (6)                             0           0            0         ---           ---        ---           0
Repurchase agreements (7)                  0           0          ---         ---           ---        ---           0
Central bank liquidity swaps (8)      80,513      31,128            0           0             0          0     111,641

Reverse repurchase agreements (7)     66,342           0          ---         ---           ---        ---      66,342
  
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 Commercial Paper Funding Facility LLC, the 
   LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden 
   Lane III 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 commercial paper held by Commercial Paper Funding Facility LLC.
6. Face value of money market instruments held by LLCs funded through the Money Market Investor Funding Facility.
7. Cash value of agreements.
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.


3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Jul 15, 2009

Mortgage-backed securities held outright (1)                                                       526,418

Commitments to buy mortgage-backed securities (2)                                                  134,555
Commitments to sell mortgage-backed securities (2)                                                  22,140

Cash and cash equivalents (3)                                                                          295

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 as well as dollar rolls.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.


4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Jul 15, 2009
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       25,978

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           28,820
Accrued interest payable to the Federal Reserve Bank of New York (2)                                   346
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,220
 
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, 2009.  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 10.
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 9 and table 10.

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
                                                                                                   Wednesday
Account name                                                                                     Jul 15, 2009

Net portfolio holdings of Maiden Lane II LLC (1)                                                     15,754

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            17,232
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    169
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,021

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, 2009.  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 10.
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 9 and table 10.

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
                                                                                                   Wednesday
Account name                                                                                     Jul 15, 2009

Net portfolio holdings of Maiden Lane III LLC (1)                                                    18,814

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            20,757
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    226
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,115

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, 2009.  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 10.
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 9 and table 10.

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 Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jul 15, 2009

Commercial paper holdings, net (1)                                                                  107,072
Other investments, net                                                                                3,981
Net portfolio holdings of Commercial Paper Funding Facility LLC                                     111,053

Memorandum: Commercial paper holdings, face value                                                   107,303

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           106,647
Accrued interest payable to the Federal Reserve Bank of New York (2)                                     51

1. Book value, which includes amortized cost and related fees.
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 10.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of 
section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC.  This LLC is a limited 
liability company formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers 
and thereby foster liquidity in short-term funding markets and increase the availability of credit for 
businesses and households.


8. Information on Principal Accounts of LLCs Funded through the Money Market Investor Funding Facility 
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jul 15, 2009

Money market instrument holdings, net (1)                                                                 0
Other investments, net                                                                                    0
Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility                  0

Memorandum: Money market instrument holdings, face value                                                  0

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
Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility, 
  net of related discounts                                                                                0

1. Book value, which includes amortized cost.
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 10.

Note:  The Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the 
authority of section 13(3) of the Federal Reserve Act to a series of limited liability companies funded through 
the Money Market Investor Funding Facility (MMIFF).  The MMIFF became operational on November 24, 2008.  These 
limited liability companies were established to purchase short-term U.S. dollar-denominated certificates of 
deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers.  Such purchases are 
designed to foster liquidity in short-term money markets.


9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Jul 15, 2009      Jul 8, 2009     Jul 16, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          2,200                0                0
Coin                                                                1,792       +       15       +      481
Securities, repurchase agreements, term auction
      credit, and other loans                                   1,699,127       +   79,157       +  937,150
  Securities held outright (1)                                  1,312,150       +   78,369       +  833,114
    U.S. Treasury securities                                      684,030       +   10,530       +  204,994       
      Bills (2)                                                    18,423                0       -    3,317
      Notes and bonds, nominal (2)                                617,575       +   10,364       +  205,183
      Notes and bonds, inflation-indexed (2)                       42,939       +      136       +    3,768
      Inflation compensation (3)                                    5,095       +       32       -      638
    Federal agency debt securities (2)                            101,701       +    3,873       +  101,701
    Mortgage-backed securities (4)                                526,418       +   63,965       +  526,418
  Repurchase agreements (5)                                             0                0       -  116,750    
  Term auction credit                                             273,691       -       15       +  123,691
  Other loans                                                     113,286       +      804       +   97,094
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                        111,053       -    1,841       +  111,053
Net portfolio holdings of LLCs funded through
  the Money Market Investor Funding Facility (7)                        0                0                0
Net portfolio holdings of Maiden Lane LLC (8)                      25,978       +       23       -    3,041
Net portfolio holdings of Maiden Lane II LLC (9)                   15,754       +       12       +   15,754
Net portfolio holdings of 
  Maiden Lane III LLC (10)                                         18,814       +       35       +   18,814
Items in process of collection                         (395)          456       +       85       -      611
Bank premises                                                       2,201       +        2       +       44
Central bank liquidity swaps (11)                                 111,641       +    2,497       +   49,641
Other assets (12)                                                  74,769       +      249       +   33,466
     
      Total assets                                     (395)    2,074,822       +   80,234       +1,162,751

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Jul 15, 2009      Jul 8, 2009     Jul 16, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  870,327       -    2,429       +   76,906
Reverse repurchase agreements (13)                                 66,342       -    1,502       +   23,335
Deposits                                                 (0)    1,079,190       +   83,198       +1,050,787       
  Depository institutions                                         808,824       +   59,670       +  784,895
  U.S. Treasury, general account                                   65,234       +   28,324       +   61,198
  U.S. Treasury, supplementary financing account                  199,939                0       +  199,939
  Foreign official                                                  1,965       -    1,068       +    1,863
  Other                                                  (0)        3,229       -    3,728       +    2,893
Deferred availability cash items                       (395)        2,886       +      183       -      253
Other liabilities and accrued dividends (14)                        6,604       +      833       +    3,316

      Total liabilities                                (395)    2,025,348       +   80,281       +1,154,091
                          
Capital accounts
Capital paid in                                                    24,512       +        1       +    4,628
Surplus                                                            21,281       +        8       +    2,788
Other capital accounts                                              3,681       -       56       +    1,244

      Total capital                                                49,474       -       47       +    8,660

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 7 and the note on consolidation accompanying table 10.
7. Refer to table 8 and the note on consolidation accompanying table 10.
8. Refer to table 4 and the note on consolidation accompanying table 10.
9. Refer to table 5 and the note on consolidation accompanying table 10.
10. Refer to table 6 and the note on consolidation accompanying table 10.
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. 
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III 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 8 and the note on consolidation accompanying table 10. 


10. Statement of Condition of Each Federal Reserve Bank,      July 15, 2009
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        412      3,895        450        467        882      1,356        911        329        197        335        621      1,182
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,792         59         70        151        144        231        215        220         39         58        130        186        289
Securities, repurchase agreements, term
      auction credit, and other loans      1,699,127     44,176    798,960     39,415     58,626     66,713    163,827    147,293     54,425     22,305     61,182     66,511    175,694
  Securities held outright (1)             1,312,150     25,171    512,887     20,357     51,840     47,286    158,096    141,989     51,405     21,723     59,229     63,444    158,722
    U.S. Treasury securities                 684,030     13,122    267,371     10,612     27,025     24,650     82,416     74,019     26,798     11,324     30,877     33,074     82,743
      Bills (2)                               18,423        353      7,201        286        728        664      2,220      1,994        722        305        832        891      2,228
      Notes and bonds (3)                    665,608     12,768    260,170     10,326     26,297     23,987     80,197     72,026     26,076     11,019     30,045     32,183     80,514
    Federal agency debt securities (2)       101,701      1,951     39,752      1,578      4,018      3,665     12,254     11,005      3,984      1,684      4,591      4,917     12,302
    Mortgage-backed securities (4)           526,418     10,098    205,764      8,167     20,798     18,971     63,426     56,964     20,623      8,715     23,762     25,453     63,677
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                        273,691     13,342    182,284     18,962      6,723     18,880      5,480      3,790      2,855        371      1,951      3,056     15,998     
  Other loans                                113,286      5,662    103,789         96         63        547        251      1,514        165        211          2         11        974
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)             111,053          0    111,053          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of LLCs funded
  through the Money Market Investor
  Funding Facility (7)                             0          0          0          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden Lane 
  LLC (8)                                     25,978          0     25,978          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (9)                             15,754          0     15,754          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (10)                           18,814          0     18,814          0          0          0          0          0          0          0          0          0          0
Items in process of collection                   851         22          0        156         84         39         57         73        138         49         64        117         50
Bank premises                                  2,201        121        219         67        147        238        222        207        136        112        270        248        213
Central bank liquidity swaps (11)            111,641      4,604     27,281     12,626      8,465     32,614      8,790      3,836      1,144      1,769      1,134      1,478      7,901
Other assets (12)                             74,769      1,996     26,011      3,592      3,805      9,064      7,845      6,132      2,198      1,228      2,482      2,730      7,687
Interdistrict settlement account                   0  +   6,391  -  20,860  +   1,322  -   3,730  + 161,463  -  32,783  -  44,736  -  21,994  -   3,203  -  14,225  -   5,547  -  22,098

      Total assets                         2,075,217     57,896  1,008,049     57,862     68,112    271,391    149,694    114,149     36,485     22,545     51,438     66,442    171,152

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank,      July 15, 2009 (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           1,054,823     36,005    382,096     40,004     45,019     81,974    132,075     86,648     30,900     19,881     28,857     62,040    109,322
  Less: Notes held by F.R. Banks              184,496      4,761     56,950      6,668      8,325     12,452     27,703     13,062      4,155      3,092      3,531     18,584     25,211
    Federal Reserve notes, net                870,327     31,244    325,146     33,336     36,694     69,523    104,372     73,586     26,744     16,789     25,326     43,456     84,111
Reverse repurchase agreements (13)             66,342      1,273     25,931      1,029      2,621      2,391      7,993      7,179      2,599      1,098      2,995      3,208      8,025
Deposits                                    1,079,190     23,307    638,395     17,774     24,918    185,499     33,253     30,936      6,274      3,023     22,308     18,760     74,744
  Depository institutions                     808,824     23,281    368,240     17,769     24,914    185,351     33,244     30,932      6,263      3,022     22,307     18,759     74,741
  U.S. Treasury, general account               65,234          0     65,234          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                         199,939          0    199,939          0          0          0          0          0          0          0          0          0          0
  Foreign official                              1,965          2      1,935          4          3         11          3          1          0          1          0          1          3
  Other                                         3,229         24      3,047          0          1        136          7          2         10          0          1          0          0
Deferred availability cash items                3,280         81          0        466        364        115        367        395        176        311        197        223        585
Other liabilities and accrued                 
  dividends (14)                                6,604        135      3,693        141        208        395        468        411        198        116        177        230        432
   
      Total liabilities                     2,025,743     56,039    993,165     52,746     64,804    257,922    146,454    112,507     35,991     21,337     51,003     65,876    167,896
                              
Capital                    
Capital paid in                                24,512        920      7,247      2,607      1,635      6,809      1,559        791        238        632        207        273      1,594
Surplus                                        21,281        844      5,811      2,316      1,552      5,981      1,612        704        209        324        208        271      1,449
Other capital                                   3,681         93      1,827        194        121        679         70        147         46        252         20         22        212

      Total liabilities and capital         2,075,217     57,896  1,008,049     57,862     68,112    271,391    149,694    114,149     36,485     22,545     51,438     66,442    171,152
                              
Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank,      July 15, 2009 (continued)

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 7 and the note on consolidation below.
7. Refer to table 8 and the note on consolidation below.
8. Refer to table 4 and the note on consolidation below.
9. Refer to table 5 and the note on consolidation below.
10. Refer to table 6 and the note on consolidation below.
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.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and  Maiden 
    Lane III 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 8 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 October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding 
Facility LLC, which was formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On October 21, 2008, the Federal Reserve Board authorized the FRBNY 
to extend credit to a series of LLCs funded through the Money Market Investor Funding Facility.  These LLCs, which became operational on November 24, 2008, were established to purchase 
short-term U.S. dollar-denominated certificates of deposit, bank notes, and commercial paper from eligible issuers.  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.

The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC and the primary beneficiary of the other LLCs cited above. 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 9), 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 9).


11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars

Federal Reserve notes and collateral                                                              Wednesday
                                                                                                Jul 15, 2009
              
Federal Reserve notes outstanding                                                                1,054,823
  Less: Notes held by F.R. Banks not subject to collateralization                                  184,496
    Federal Reserve notes to be collateralized                                                     870,327 
Collateral held against Federal Reserve notes                                                      870,327
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         2,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         857,090
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                           1,312,150
  Less: Face value of securities under reverse repurchase agreements                                65,853
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                       1,246,297
   
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 and term securities lending facilities; refer
   to table 1A.