FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                 October 22, 2015


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Oct 21, 2015 
Federal Reserve Banks                                     Oct 21, 2015 Oct 14, 2015 Oct 22, 2014              

Reserve Bank credit                                         4,457,378   +    5,989   +   20,692    4,462,691  
  Securities held outright (1)                              4,246,150   +    5,745   +   35,000    4,251,180  
    U.S. Treasury securities                                2,461,850   -       35   +    4,791    2,461,837  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,639            0   +    4,507    2,346,639  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +       65       98,534  
      Inflation compensation (3)                               16,677   -       34   +      220       16,663  
    Federal agency debt securities (2)                         34,146   -      947   -    5,554       34,146  
    Mortgage-backed securities (4)                          1,750,153   +    6,726   +   35,761    1,755,197  
  Unamortized premiums on securities held outright (5)        193,082   -       86   -   16,163      193,143  
  Unamortized discounts on securities held outright (5)       -16,921   +       43   +    1,786      -16,907  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           194   -       20   -       27          187  
    Primary credit                                                  6   -        4   +        1            3  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               189   -       14   -       13          184  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       14            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,705   +        2   +       32        1,705  
  Net portfolio holdings of TALF LLC (9)                            0            0   -       24            0  
  Float                                                           275   +      164   +      893          202  
  Central bank liquidity swaps (10)                               140   -        5   +      140          140  
  Other Federal Reserve assets (11)                            32,753   +      146   -      944       33,042  
Foreign currency denominated assets (12)                       20,232   +       29   -    2,406       20,185  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (13)                             47,320   +       14   +    1,106       47,320  
                                                                                                              
Total factors supplying reserve funds                       4,541,171   +    6,033   +   19,392    4,546,437  

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         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Oct 21, 2015 
Federal Reserve Banks                                     Oct 21, 2015 Oct 14, 2015 Oct 22, 2014              

Currency in circulation (13)                                 1,391,527   -    1,086   +   95,127    1,392,218 
Reverse repurchase agreements (14)                             304,655   +   25,489   +   79,615      331,299 
  Foreign official and international accounts                  175,389   +    4,012   +   75,991      180,217 
  Others                                                       129,265   +   21,476   +    3,623      151,082 
Treasury cash holdings                                             193   -       29   -        2          224 
Deposits with F.R. Banks, other than reserve balances           84,800   -   13,842   -  162,391       81,131 
  Term deposits held by depository institutions                      0            0   -  110,029            0 
  U.S. Treasury, General Account                                60,403   -    6,036   -   63,111       57,086 
  Foreign official                                               5,450   +      129   +      204        5,258 
  Other (15)                                                    18,947   -    7,935   +   10,545       18,786 
Other liabilities and capital (16)                              66,689   -      625   +    2,349       65,978 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,847,864   +    9,906   +   14,698    1,870,850 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,693,306   -    3,874   +    4,693    2,675,588 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
7.  Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the      
    Term Asset-Backed Securities Loan Facility.                                                         
8.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
9.  Refer to the note on consolidation accompanying table 6.                                                
10. 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.     
11. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
12. Revalued daily at current foreign currency exchange rates.                                              
13. Estimated.                                                                                              
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
15. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
16. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      
                                                                                                            



Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Oct 21, 2015 
                                                          Oct 21, 2015 Oct 14, 2015 Oct 22, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,301,452   -   12,991   -    1,902    3,297,051 
  Marketable U.S. Treasury securities (1)                    2,976,888   -   10,915   +    4,108    2,974,352 
  Federal agency debt and mortgage-backed securities (2)       278,649   -    2,241   -   10,188      276,741 
  Other securities (3)                                          45,915   +      164   +    4,178       45,957 
Securities lent to dealers                                      15,776   +    2,839   +    2,671       14,950 
  Overnight facility (4)                                        15,776   +    2,839   +    2,671       14,950 
    U.S. Treasury securities                                    15,730   +    2,840   +    3,276       14,906 
    Federal agency debt securities                                  47            0   -      604           44 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           






2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, October 21, 2015    

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                          170            17             0             0             0           ...           187 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0           327       173,784     1,135,715       514,043       637,968     2,461,837 
  Weekly changes                                 0             0    -        1    -        6    -        6    -       24    -       37 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         2,828        12,825        16,146             0         2,347        34,146 
  Weekly changes                        -      947    +    1,626    +      373    -    1,999             0             0    -      947 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           277         9,610     1,745,310     1,755,197 
  Weekly changes                                 0             0             0    -        1    +      157    -    1,447    -    1,291 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               140             0             0             0             0             0           140 
                                                                                                                                       
Reverse repurchase agreements (4)          331,299             0           ...           ...           ...           ...       331,299 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Oct 21, 2015  

Mortgage-backed securities held outright (1)                                                                             1,755,197  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           18,888  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    2  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
2.  Current face value. Generally settle within 180 days and include commitments associated with            
    outright transactions, dollar rolls, and coupon swaps.                                              
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Oct 21, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,705  
                                                                                                                                    
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  
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                    0  



1.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued
    quarterly. This table reflects valuations as of June 30, 2015. Any assets purchased after this valuation
    date are initially recorded at cost until their estimated fair value as of the purchase date becomes
    available.                                                                                          
2.  Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's            
    statement of condition consistent with consolidation under generally accepted accounting principles. Refer
    to the note on consolidation accompanying table 6.                                                  
3.  Book value. The fair value of these obligations is included in other liabilities and capital in         
    table 1 and in other liabilities and accrued dividends in table 5 and table 6.                      


Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to
acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit
extended and to minimize disruption to financial markets. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Oct 21, 2015   Wednesday    Wednesday  
                                                        consolidation                Oct 14, 2015 Oct 22, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,893   -        6   +        2  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,427,602   -    2,624   +   22,575  
    Securities held outright (1)                                          4,251,180   -    2,275   +   36,838  
      U.S. Treasury securities                                            2,461,837   -       37   +    2,640  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,639            0   +    2,352  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +       65  
        Inflation compensation (3)                                           16,663   -       37   +      222  
      Federal agency debt securities (2)                                     34,146   -      947   -    5,554  
      Mortgage-backed securities (4)                                      1,755,197   -    1,291   +   39,752  
    Unamortized premiums on securities held outright  
    (5)                                                                     193,143   -      361   -   16,029  
    Unamortized discounts on securities held outright 
    (5)                                                                     -16,907   +       46   +    1,819  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       187   -       33   -       53  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,705            0   +       34  
  Net portfolio holdings of TALF LLC (8)                                          0            0   -       24  
  Items in process of collection                                   (0)          568   -      121   +      497  
  Bank premises                                                               2,235   +        1   -       28  
  Central bank liquidity swaps (9)                                              140   -        5   +      140  
  Foreign currency denominated assets (10)                                   20,185   -      147   -    2,305  
  Other assets (11)                                                          30,807   -      431   -    1,135  
                                                                                                               
Total assets                                                       (0)    4,501,372   -    3,332   +   19,756  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Oct 21, 2015   Wednesday    Wednesday  
                                                        consolidation                Oct 14, 2015 Oct 22, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,347,010   -      740   +   94,089 
  Reverse repurchase agreements (12)                                         331,299   +   68,853   +   95,383 
  Deposits                                                          (0)    2,756,719   -   69,516   -  172,219 
    Term deposits held by depository institutions                                  0            0   -  110,029 
    Other deposits held by depository institutions                         2,675,588   -   44,393   -    4,018 
    U.S. Treasury, General Account                                            57,086   -      454   -   67,510 
    Foreign official                                                           5,258   -       40   +       10 
    Other (13)                                                      (0)       18,786   -   24,630   +    9,328 
  Deferred availability cash items                                  (0)          366   -      158   -      253 
  Other liabilities and accrued dividends (14)                                 7,380   -    1,786   +      614 
                                                                                                               
Total liabilities                                                   (0)    4,442,774   -    3,347   +   17,615 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,299   +        8   +    1,071 
  Surplus                                                                     29,299   +        8   +    1,071 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,598   +       15   +    2,141 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Refer to the note on consolidation accompanying table 6.                                                
9.  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.     
10. Revalued daily at current foreign currency exchange rates.                                              
11. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
14. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      

 



6. Statement of Condition of Each Federal Reserve Bank, October 21, 2015
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         347       3,709          340         505         783       1,600         734         299         171         288         891       1,370
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,893          50          68          132         129         304         195         272          28          42         153         195         323
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,427,602     112,233   2,657,832      110,117     106,446     240,469     249,347     164,503      46,192      27,037      57,525     142,628     513,273
    Securities held outright (1)               4,251,180     107,765   2,552,034      105,734     102,208     230,897     239,393     157,950      44,333      25,854      55,225     136,944     492,841
      U.S. Treasury securities                 2,461,837      62,406   1,477,870       61,230      59,188     133,711     138,631      91,468      25,673      14,972      31,981      79,304     285,402
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,837      62,406   1,477,870       61,230      59,188     133,711     138,631      91,468      25,673      14,972      31,981      79,304     285,402
      Federal agency debt securities (2)          34,146         866      20,498          849         821       1,855       1,923       1,269         356         208         444       1,100       3,959
      Mortgage-backed securities (4)           1,755,197      44,493   1,053,666       43,655      42,199      95,331      98,839      65,213      18,304      10,674      22,801      56,541     203,481
    Unamortized premiums on securities held 
      outright (5)                               193,143       4,896     115,946        4,804       4,644      10,490      10,876       7,176       2,014       1,175       2,509       6,222      22,391
    Unamortized discounts on securities     
      held outright (5)                          -16,907        -429     -10,150         -421        -406        -918        -952        -628        -176        -103        -220        -545      -1,960
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            187           0           1            0           0           0          31           5          21         112          11           6           1
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,705           0       1,705            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (8)               0           0           0            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     568           0           0            0           0           0         567           0           0           0           0           0           0
  Bank premises                                    2,235         127         438           73         106         214         208         204         118          93         238         220         196
  Central bank liquidity swaps (9)                   140           6          45            8          11          32           8           4           1           1           1           2          21
  Foreign currency denominated                                                                                                                                                                           
     assets (10)                                  20,185         915       6,508        1,128       1,573       4,631       1,148         542         188          85         212         291       2,964
  Other assets (11)                               30,807         821      18,015          776         751       1,837       1,741       1,154         394         216         444       1,076       3,581
  Interdistrict settlement account                     0  -   14,233  -  109,340   +    5,393  +   21,366  +   41,732  -    4,558  +   23,061  +   11,623  +    4,563  +    2,433  +    8,621  +    9,339
                                                                                                                                                                                                         
Total assets                                   4,501,372     100,463   2,580,798      118,177     131,124     290,414     250,912     190,898      58,994      32,298      61,447     154,206     531,640

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, October 21, 2015 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,532,761      48,884     500,715      49,929      83,540     106,644     215,635     104,621      52,338      26,985      41,197     117,057     185,216
    Less: Notes held by F.R. Banks               185,751       6,193      60,745       6,802       9,793      13,006      23,624      11,401       4,832       3,120       4,781      14,441      27,013
      Federal Reserve notes, net               1,347,010      42,691     439,970      43,127      73,747      93,638     192,011      93,220      47,506      23,865      36,416     102,616     158,203
  Reverse repurchase agreements (12)             331,299       8,398     198,883       8,240       7,965      17,994      18,656      12,309       3,455       2,015       4,304      10,672      38,408
  Deposits                                     2,756,719      46,540   1,918,987      63,317      44,646     164,965      36,222      83,450       7,304       5,883      19,960      39,783     325,660
    Term deposits held by depository        
        institutions                                   0           0           0           0           0           0           0           0           0           0           0           0           0
    Other deposits held by depository       
        institutions                           2,675,588      46,530   1,846,373      63,315      44,643     164,688      36,212      75,288       7,266       5,883      19,959      39,779     325,652
    U.S. Treasury, General Account                57,086           0      57,086           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,258           2       5,231           2           3           9           2           1           0           0           0           1           6
    Other (13)                                    18,786           8      10,297           0           0         268           7       8,161          37           0           1           4           2
  Deferred availability cash items                   366           0           0           0           0           0         235           0           0         131           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (14)                         1,525          36         970          33          27          52          92          51           9           8          20          54         173
  Other liabilities and accrued             
     dividends                                     5,856         194       2,775         227         246         610         391         289         138         144         137         214         490
                                                                                                                                                                                                        
Total liabilities                              4,442,774      97,859   2,561,585     114,944     126,632     277,260     247,608     189,319      58,412      32,047      60,836     153,339     522,934
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,299       1,302       9,606       1,617       2,246       6,577       1,652         789         291         126         305         433       4,353
  Surplus                                         29,299       1,302       9,606       1,617       2,246       6,577       1,652         789         291         126         305         433       4,353
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,501,372     100,463   2,580,798     118,177     131,124     290,414     250,912     190,898      58,994      32,298      61,447     154,206     531,640

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, October 21, 2015 (continued)


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.                                                                                                 
2.  Face value of the securities.                                                                                                                                                                           
3.  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.                               
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
8.  Refer to the note on consolidation below.                                                                                                                                                               
9.  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.                                                                                                 
10. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
11. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
14. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to      
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the     
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires
    the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount    
    necessary to equate surplus with capital paid-in.                                                                                                                                                   
                                                                                                                                                                                                            


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) 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 (ML), which was formed to acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was
repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. On November 25,
2008, the Federal Reserve Board authorized FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by FRBNY in connection with the
decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility. On January 15, 2013 FRBNY's commitment to extend credit to TALF LLC was eliminated. 

FRBNY was the primary beneficiary of ML because it received a majority of the residual returns and could have absorbed a majority of any residual losses should they have occurred. FRBNY was
the primary beneficiary of TALF LLC, because of the two beneficiaries of TALF LLC, FRBNY and the U.S. Treasury, FRBNY was primarily responsible for directing the financial activities of TALF
LLC. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs were consolidated with the assets and liabilities of FRBNY in the preparation of the
statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from FRBNY to the LLCs were eliminated, the net assets of the LLCs appeared as assets
on the previous page (and in table 1 and table 5), and the liabilities of the LLCs to entities other than FRBNY, including those with recourse only to the portfolio holdings of the LLCs, were
included in other liabilities in this table (and table 1 and table 5).

                                                                                                                    



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Oct 21, 2015  

Federal Reserve notes outstanding                                                            1,532,761  
  Less: Notes held by F.R. Banks not subject to collateralization                              185,751  
    Federal Reserve notes to be collateralized                                               1,347,010  
Collateral held against Federal Reserve notes                                                1,347,010  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,330,773  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,251,180  
  Less: Face value of securities under reverse repurchase agreements                           304,390  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,946,790  

Note: Components may not sum to totals because of rounding.


1.  Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright,        
    compensation to adjust for the effect of inflation on the original face value of inflation-indexed  
    securities, and cash value of repurchase agreements.                                                
2.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.