---

FEDERAL RESERVEstatistical release



For Release at

4:30 P.M.Eastern Time

April 16, 2020





The Board's H.4.1 statistical release, “Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks,” has been modified to include information related to Commercial Paper Funding Facility (CPFF). This facility operates through the Commercial Paper Funding Facility II LLC (CPFF II LLC), a special purpose vehicle that was 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.



On March 17, 2020, the Federal Reserve announced the CPFF. On April 14, 2020, the FederalReserve Bank of New York (FRBNY) extended credit to the CPFF II LLC under the authority of section 13(3) of the Federal Reserve Act, with approval of the Treasury Secretary, and the CPFF II LLC began purchasing eligible commercial paper.



Consistent with generally accepted accounting principles, the assets and liabilities of CPFF II LLC have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on the release because the FRBNY is the managing member of CPFF II LLC. The net portfolio holdings of CPFF II LLC appear as an asset on the statement of condition of the FRBNY (table 5), the consolidated statement of condition of all Federal Reserve Banks (table 4), and factors affecting reserve balances of depository institutions (table 1). The amount provided by the U.S. Treasury as credit protection is recorded in “Other liabilities and capital” in table 1 and “Other liabilities and accrued dividends” in tables 4 and 5.



Additionally, amounts for “Net portfolio holdings of Maiden Lane LLC,” were removed from table 1 because the portfolio holdings have been reduced to deminimisbalances. Amounts will be included in “Other Federal Reserve Assets” in table 1 and “Other assets” in tables 4 and 5.





FEDERAL RESERVEstatistical release



H.4.1

|Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks
|--------------------------------------------------------------------------------------------------------------



1.Factors Affecting Reserve Balances of Depository Institutions

Millionsof dollars

|Reserve Bank credit, related items, andreserve balances of depository institutions at Federal Reserve Banks | Averages of daily figures | WednesdayApr 15, 2020
|----------------------------------------------------------------------------------------------------------- | ------------------------- | ---------------------
|
|
|6,196,020                                                                                                   | +  227,982                | +2,299,746           
|5,195,539                                                                                                   | +  222,862                | +1,448,965           
|3,717,414                                                                                                   | +  206,286                | +1,563,958           
|326,044                                                                                                     | 0                         | +  326,044           
|3,140,587                                                                                                   | +  190,299                | +1,124,023           
|217,244                                                                                                     | +   14,619                | +  102,094           
|33,539                                                                                                      | +    1,369                | +   11,797           
|2,347                                                                                                       | 0                         | 0                    
|1,475,778                                                                                                   | +   16,576                | -  114,993           
|250,328                                                                                                     | +   20,389                | +  115,251           
|-7,123                                                                                                      | +      834                | +    5,923           
|201,596                                                                                                     | -   26,047                | +  201,596           
|1                                                                                                           | +        1                | +        1           
|201,596                                                                                                     | -   26,047                | +  201,596           
|128,604                                                                                                     | -    1,400                | +  128,580           
|41,034                                                                                                      | -    2,479                | +   41,024           
|0                                                                                                           | 0                         | 0                    
|0                                                                                                           | 0                         | -       13           
|35,590                                                                                                      | +    2,891                | +   35,590           
|51,944                                                                                                      | -    1,849                | +   51,944           
|0                                                                                                           | 0                         | 0                    
|141                                                                                                         | +      141                | +      141           
|-266                                                                                                        | -       72                | -       58           
|393,063                                                                                                     | +    7,698                | +  393,008           
|34,137                                                                                                      | +    3,577                | +    6,338           
|20,515                                                                                                      | +      156                | -      116           
|11,041                                                                                                      | 0                         | 0                    
|5,200                                                                                                       | 0                         | 0                    
|50,247                                                                                                      | +       14                | +      366           
|                                                                                                            |                           |                      
|6,283,023                                                                                                   | +  228,152                | +2,299,996           

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)

Millionsof dollars

|Reserve Bank credit, related items, and reserve balances of depository institutions atFederal Reserve Banks | Averages of daily figures | WednesdayApr 15, 2020
|----------------------------------------------------------------------------------------------------------- | ------------------------- | ---------------------
|
|
|1,884,944                                                                                                   | +    3,933                | +  157,948           
|284,464                                                                                                     | -  128,326                | +   32,605           
|278,571                                                                                                     | -    3,774                | +   26,841           
|5,893                                                                                                       | -  124,552                | +    5,764           
|307                                                                                                         | -       10                | -       25           
|1,134,405                                                                                                   | +  187,593                | +  780,064           
|0                                                                                                           | 0                         | 0                    
|889,815                                                                                                     | +  191,237                | +  604,551           
|16,352                                                                                                      | -      408                | +   11,108           
|228,237                                                                                                     | -    3,237                | +  164,404           
|59,862                                                                                                      | +    6,372                | +   14,842           
|                                                                                                            |                           |                      
|3,363,982                                                                                                   | +   69,562                | +  985,434           
|                                                                                                            |                           |                      
|2,919,041                                                                                                   | +  158,590                | +1,314,562           

Note:Components may not sum to totals because of rounding.

|1.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Face value of the securities.                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.                                                                                                                                                                                                                                                                                                                                                                                   
|Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.                                                                                                                                                                                                                                                                                                                                                           
|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.                                                                                                                                                                                               
|Cash value of agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|Refer to the note on consolidation accompanying table 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.                                                                                                                                                                                                
|Includes bank premises, accrued interest, and other accounts receivable. Also includes net portfolio holdings of Maiden Lane LLC.                                                                                                                                                                                                                                                                                                                                                                   
|Revalued daily at current foreign currency exchange rates.                                                                                                                                                                                                                                                                                                                                                                                                                                          
|Estimated.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                                                                                                                                                                                                                                                                                                                     
|Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements.  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.
|Includes the liability for earnings remittances due to the U.S. Treasury.                                                                                                                                                                                                                                                                                                                                                                                                                           
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    



Sources: Federal Reserve Banks and the U.S. Department of theTreasury.







1A.Memorandum Items

Millionsof dollars

|Memorandum item | Averages of daily figures | WednesdayApr 15, 2020
|--------------- | ------------------------- | ---------------------
|
|
|3,318,168       | +    1,971                | -  149,326           
|2,847,057       | +    1,385                | -  215,157           
|388,210         | -       70                | +   54,378           
|82,900          | +      655                | +   11,451           
|34,596          | -    1,976                | +   12,652           
|34,596          | -    1,976                | +   12,652           
|34,596          | -    1,976                | +   12,652           
|0               | 0                         | 0                    

Note:Components may not sum to totals because of rounding.

|1.                                                                                                                                                       
|---------------------------------------------------------------------------------------------------------------------------------------------------------
|Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the securities.
|Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value.          
|Face value. Fully collateralized by U.S. Treasury securities.                                                                                            







|2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, April 15, 2020
|--------------------------------------------------------------------------------------------------------

Millionsof dollars

|Remaining Maturity | Within 15days | 16 days to90 days | 91 days to1 year | Over 1 yearto 5 years | Over 5 yearto 10 years | Over 10years | All
|------------------ | ------------- | ----------------- | ---------------- | --------------------- | ---------------------- | ------------ | ---
|13,782             | 88,132        | 18,434            | 0                | 0                     | ...                    | 120,349     
|                   |               |                   |                  |                       |                        |             
|58,644             | 225,035       | 527,601           | 1,493,336        | 621,255               | 862,987                | 3,788,858   
|+   11,532         | -    8,380    | +   27,012        | +   61,130       | +   44,337            | +   18,841             | +  154,472  
|                   |               |                   |                  |                       |                        |             
|0                  | 0             | 0                 | 0                | 1,151                 | 1,196                  | 2,347       
|0                  | 0             | 0                 | 0                | 0                     | 0                      | 0           
|                   |               |                   |                  |                       |                        |             
|0                  | 0             | 5                 | 1,696            | 73,362                | 1,493,109              | 1,568,171   
|0                  | 0             | 0                 | -        8       | +      562            | +  107,918             | +  108,470  
|                   |               |                   |                  |                       |                        |             
|0                  | 950           | 0                 | ...              | ...                   | ...                    | 950         
|32,700             | 148,400       | ...               | ...              | ...                   | ...                    | 181,100     
|26,361             | 351,930       | 0                 | 0                | 0                     | 0                      | 378,291     
|279,584            | 0             | ...               | ...              | ...                   | ...                    | 279,584     
|0                  | 0             | 0                 | ...              | ...                   | ...                    | 0           

Note:Components may not sum to totals because of rounding....Not applicable.



|1.                                                                                                                                                                                                                                                                                                  
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of inflation on the original face value of such securities.                                                                                                             
|Face value.                                                                                                                                                                                                                                                                                         
|Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.                                                                                                                                                           
|Face value of commercial paper held by Commercial Paper Funding Facility II LLC.                                                                                                                                                                                                                    
|Cash value of agreements.                                                                                                                                                                                                                                                                           
|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

Millionsof dollars

|Account name | Wednesday
|------------ | ---------
|
|1,568,171   
|1,562,461   
|5,710       
|            
|268,565     
|1,000       
|            
|11          



|1.                                                                                                                                                                                                                                                                                                                                                    
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Current face value. Includes residential and commercial mortgage-backed securities. Residential mortgage-backed securities generally settle within 180 calendar days and include commitments associated with outright transactions, dollar rolls, and coupon swaps. Commercial mortgage-backed securities generally settle within three business days.
|This amount is included in other Federal Reserve assets in table 1 and in other assets in table 4 and table 5.                                                                                                                                                                                                                                        









4.Consolidated Statement of Condition of All Federal Reserve Banks

Millionsof dollars

|Assets, liabilities, and capital | Eliminations from consolidation | WednesdayApr 15, 2020 | Change since
|-------------------------------- | ------------------------------- | --------------------- | ------------
|
|
|                                 |                                 |                       |             
|                                 | 11,037                          | 0                     | 0           
|                                 | 5,200                           | 0                     | 0           
|                                 | 1,656                           | -       12            | -       38  
|                                 | 5,916,263                       | +  261,709            | +2,050,671  
|                                 | 5,359,376                       | +  262,942            | +1,615,682  
|                                 | 3,788,858                       | +  154,472            | +1,635,449  
|                                 | 326,044                         | 0                     | +  326,044  
|                                 | 3,206,144                       | +  141,284            | +1,189,670  
|                                 | 222,692                         | +   12,067            | +  107,548  
|                                 | 33,978                          | +    1,121            | +   12,186  
|                                 | 2,347                           | 0                     | 0           
|                                 | 1,568,171                       | +  108,470            | -   19,767  
|                                 | 262,334                         | +   19,221            | +  127,421  
|                                 | -6,896                          | +      485            | +    6,138  
|                                 | 181,100                         | -   11,651            | +  181,100  
|                                 | 120,349                         | -    9,288            | +  120,330  
|                                 | 974                             | +      974            | +      974  
|(0)                              | 35                              | -        4            | -       30  
|                                 | 2,203                           | +        2            | 0           
|                                 | 378,291                         | +   20,214            | +  378,236  
|                                 | 20,525                          | +      152            | -      101  
|                                 | 31,703                          | +    1,713            | +    6,347  
|                                 |                                 |                       |             
|(0)                              | 6,367,887                       | +  284,746            | +2,436,060  

Note:Components may not sum to totals because of rounding. Footnotes appear at the end of the table.









4.Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millionsof dollars

|Assets, liabilities, and capital | Eliminations from consolidation | WednesdayApr 15, 2020 | Change since
|-------------------------------- | ------------------------------- | --------------------- | ------------
|
|
|                                 |                                 |                       |             
|                                 | 1,839,299                       | +    4,074            | +  159,130  
|                                 | 279,584                         | -   54,904            | +   23,902  
|(0)                              | 4,173,852                       | +  315,492            | +2,222,729  
|                                 | 0                               | 0                     | 0           
|                                 | 3,069,874                       | +  295,368            | +1,545,577  
|                                 | 856,155                         | +   28,977            | +  486,790  
|                                 | 16,347                          | -      299            | +   11,104  
|(0)                              | 231,475                         | -    8,555            | +  179,256  
|(0)                              | 396                             | +       52            | +       80  
|                                 | 35,924                          | +   20,032            | +   30,730  
|                                 |                                 |                       |             
|(0)                              | 6,329,055                       | +  284,746            | +2,436,570  
|                                 |                                 |                       |             
|                                 |                                 |                       |             
|                                 | 32,007                          | 0                     | -      510  
|                                 | 6,825                           | 0                     | 0           
|                                 | 0                               | 0                     | 0           
|                                 |                                 |                       |             
|                                 | 38,832                          | 0                     | -      510  

Note:Components may not sum to totals because of rounding.

|1.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Face value of the securities.                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.                                                                                                                                                                                                                                                                                                                                                                                   
|Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.                                                                                                                                                                                                                                                                                                                                                           
|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.                                                                                                                                                                                               
|Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                                                                                                                                                                                                                                                                                                                  
|Loans includes primary, secondary, and seasonal loans and credit extended through the Primary Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, and other credit extensions.                                                                                                                                                                                                                                                                                                     
|Refer to the note on consolidation accompanying table 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.                                                                                                                                                                                                
|Revalued daily at current foreign currency exchange rates.                                                                                                                                                                                                                                                                                                                                                                                                                                          
|Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. Also includes net portfolio holdings of Maiden Lane LLC.                                                                                                                                                                                                                                                                                                                      
|Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                                                                                                                                                                                                                                                                                                                     
|Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements.  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.
|Includes the liability for earnings remittances due to the U.S. Treasury.                                                                                                                                                                                                                                                                                                                                                                                                                           







5.Statement of Condition of Each Federal Reserve Bank, April 15, 2020

Millionsof dollars

|Assets, liabilities, and capital | Total      | Boston     | New York   | Philadelphia | Cleveland  | Richmond   | Atlanta    | Chicago    | St. Louis  | Minneapolis | Kansas     | Dallas     | San
|-------------------------------- | ---------- | ---------- | ---------- | ------------ | ---------- | ---------- | ---------- | ---------- | ---------- | ----------- | ---------- | ---------- | ---
|
|                                 |            |            |            |              |            |            |            |            |            |             |            |           
|16,237                           | 547        | 5,525      | 537        | 768          | 1,166      | 2,214      | 1,135      | 478        | 276        | 445         | 1,172      | 1,974     
|1,656                            | 39         | 48         | 150        | 90           | 224        | 158        | 276        | 29         | 50         | 110         | 189        | 294       
|5,916,263                        | 171,952    | 3,216,038  | 140,699    | 170,616      | 355,201    | 396,430    | 308,255    | 83,574     | 50,317     | 86,869      | 253,004    | 683,306   
|974                              | 0          | 974        | 0          | 0            | 0          | 0          | 0          | 0          | 0          | 0           | 0          | 0         
|378,291                          | 17,956     | 127,130    | 13,613     | 32,327       | 79,845     | 18,762     | 14,691     | 6,201      | 2,962      | 3,989       | 4,491      | 56,324    
|                                 |            |            |            |              |            |            |            |            |            |             |            |           
|20,525                           | 974        | 6,899      | 738        | 1,754        | 4,331      | 1,018      | 797        | 336        | 161        | 216         | 244        | 3,056     
|33,941                           | 809        | 17,233     | 861        | 1,065        | 2,378      | 2,388      | 1,825      | 641        | 406        | 791         | 1,657      | 3,888     
|0                                | -   30,758 | +   92,050 | -   14,798 | +    1,964   | +   75,875 | -   56,279 | +   23,416 | -    7,250 | -    6,401 | -      604  | +   48,467 | -  125,681
|                                 |            |            |            |              |            |            |            |            |            |             |            |           
|6,367,887                        | 161,518    | 3,465,898  | 141,801    | 208,583      | 519,020    | 364,691    | 350,394    | 84,009     | 47,770     | 91,816      | 309,224    | 623,161   

Note:Components may not sum to totals because of rounding. Footnotes appear at the end of the table.









5.Statement of Condition of Each Federal Reserve Bank, April 15, 2020 (continued)

Millionsof dollars

|Assets, liabilities, and capital | Total   | Boston    | New York | Philadelphia | Cleveland | Richmond | Atlanta | Chicago | St. Louis | Minneapolis | Kansas  | Dallas  | San
|-------------------------------- | ------- | --------- | -------- | ------------ | --------- | -------- | ------- | ------- | --------- | ----------- | ------- | ------- | ---
|
|                                 |         |           |          |              |           |          |         |         |           |             |         |        
|1,839,299                        | 56,991  | 618,290   | 50,348   | 83,899       | 123,857   | 252,792  | 118,987 | 57,718  | 29,801    | 49,485      | 150,153 | 246,977
|279,584                          | 5,800   | 152,533   | 6,771    | 8,180        | 17,110    | 19,116   | 14,676  | 4,018   | 2,419     | 4,146       | 12,140  | 32,676 
|4,173,852                        | 96,339  | 2,657,062 | 82,685   | 112,475      | 368,281   | 89,307   | 213,999 | 21,239  | 14,557    | 37,330      | 145,290 | 335,288
|3,069,874                        | 96,325  | 1,700,373 | 82,683   | 105,413      | 367,145   | 88,989   | 95,662  | 21,234  | 14,501    | 25,698      | 136,569 | 335,281
|856,155                          | 0       | 856,155   | 0        | 0            | 0         | 0        | 0       | 0       | 0         | 0           | 0       | 0      
|16,347                           | 2       | 16,321    | 1        | 3            | 8         | 2        | 2       | 1       | 0         | 0           | 0       | 6      
|231,475                          | 12      | 84,213    | 0        | 7,058        | 1,128     | 316      | 118,336 | 4       | 56        | 11,632      | 8,720   | 1      
|2,104                            | 53      | 1,165     | 48       | 72           | 135       | 136      | 100     | 22      | 19        | 20          | 82      | 252    
|34,216                           | 505     | 23,847    | 562      | 661          | 1,487     | 1,440    | 1,135   | 377     | 649       | 420         | 913     | 2,221  
|                                 |         |           |          |              |           |          |         |         |           |             |         |        
|6,329,055                        | 159,688 | 3,452,897 | 140,413  | 205,286      | 510,869   | 362,791  | 348,896 | 83,375  | 47,445    | 91,402      | 308,578 | 617,414
|                                 |         |           |          |              |           |          |         |         |           |             |         |        
|                                 |         |           |          |              |           |          |         |         |           |             |         |        
|32,007                           | 1,506   | 10,707    | 1,143    | 2,714        | 6,710     | 1,561    | 1,233   | 523     | 272       | 342         | 565     | 4,731  
|6,825                            | 324     | 2,294     | 246      | 583          | 1,441     | 338      | 265     | 112     | 53        | 72          | 81      | 1,016  
|0                                | 0       | 0         | 0        | 0            | 0         | 0        | 0       | 0       | 0         | 0           | 0       | 0      
|                                 |         |           |          |              |           |          |         |         |           |             |         |        
|6,367,887                        | 161,518 | 3,465,898 | 141,801  | 208,583      | 519,020   | 364,691  | 350,394 | 84,009  | 47,770    | 91,816      | 309,224 | 623,161

Note:Components may not sum to totals because of rounding. Footnotes appear at the end of the table.









5.Statement of Condition of Each Federal Reserve Bank, April 15, 2020 (continued)



|1.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Refer to note on consolidation below.                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|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.                                                                                                                                                                                                
|Revalued daily at current foreign currency exchange rates.                                                                                                                                                                                                                                                                                                                                                                                                                                          
|Includes items in process of collection, bank premises, accrued interest (which represents the daily accumulation of interest earned), and other accounts receivable. Also includes Net portfolio holdings of Maiden Lane LLC; refer to the note on consolidation for additional information.                                                                                                                                                                                                       
|Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                                                                                                                                                                                                                                                                                                                     
|Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements.  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.
|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 $6.825 billion surplus.                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    



Noteon consolidation:

On April 14, 2020, the Federal Reserve Bank of New York (FRBNY) began extending loans to the Commercial Paper Funding Facility II LLC (CPFF II LLC) under the authority of section 13(3) of the Federal Reserve Act. CPFF II LLC is a limited liability company formed to purchase three-month U.S dollar-denominated commercial paper by eligible issuers. The assets of the CPFF II LLC are used to secure the loan from the FRBNY and the amount provided by U.S. Treasury as credit protection to the FRBNY.



The FRBNY is the managing member of CPFF II LLC. Consistent with generally accepted accounting principles, the assets and liabilities of the CPFF II LLC 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 loan from the FRBNY to CPFF II LLC is eliminated, the net assets of the CPFF II LLC appear as assets on the previous page (and in table 1 and table 4), and the liabilities of the CPFF II LLC to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the CPFF II LLC are included in other liabilities in this table (and table 1 and table 4).











6.Collateral Held against Federal Reserve Notes: Federal Reserve Agents’ Accounts

Millionsof dollars

|Federal Reserve notes and collateral | Wednesday
|------------------------------------ | ---------
|
|2,007,661                           
|168,361                             
|1,839,299                           
|1,839,299                           
|11,037                              
|5,200                               
|1,823,063                           
|0                                   
|                                    
|5,540,476                           
|266,203                             
|5,274,273                           

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.





Statistical releases

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