FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                  October 6, 2016


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 5, 2016 
Federal Reserve Banks                                      Oct 5, 2016 Sep 28, 2016  Oct 7, 2015              

Reserve Bank credit                                         4,418,319   -    6,246   -   28,428    4,419,433  
  Securities held outright (1)                              4,220,831   -   11,745   -   17,423    4,220,842  
    U.S. Treasury securities                                2,463,462   -       15   +    1,538    2,463,473  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,341,072   -      575   -    5,567    2,340,976  
      Notes and bonds, inflation-indexed (2)                  105,128   +      575   +    6,594      105,224  
      Inflation compensation (3)                               17,261   -       16   +      511       17,273  
    Federal agency debt securities (2)                         20,492            0   -   14,601       20,492  
    Mortgage-backed securities (4)                          1,736,877   -   11,729   -    4,360    1,736,877  
  Unamortized premiums on securities held outright (5)        176,911   -      663   -   16,537      176,741  
  Unamortized discounts on securities held outright (5)       -15,463   +       28   +    1,534      -15,448  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           195   -       30   -       20          173  
    Primary credit                                                  6   -        3   -        2            3  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               189   -       27   -       18          170  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,708   +        1   +        5        1,708  
  Float                                                          -681   -      293   -      941         -500  
  Central bank liquidity swaps (8)                              7,003   +    6,712   +    6,860        7,003  
  Other Federal Reserve assets (9)                             27,817   -      253   -    1,905       28,914  
Foreign currency denominated assets (10)                       21,477   -       60   +    1,375       21,255  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             48,225   +       14   +      872       48,225  
                                                                                                              
Total factors supplying reserve funds                       4,504,263   -    6,292   -   26,180    4,505,154  

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 5, 2016 
Federal Reserve Banks                                      Oct 5, 2016 Sep 28, 2016  Oct 7, 2015              

Currency in circulation (11)                                 1,471,580   +    3,359   +   82,734    1,475,170 
Reverse repurchase agreements (12)                             593,191   +  147,790   +  260,470      536,588 
  Foreign official and international accounts                  245,432   +    4,356   +   76,549      238,624 
  Others                                                       347,759   +  143,434   +  183,921      297,964 
Treasury cash holdings                                             143   +       19   -       53          153 
Deposits with F.R. Banks, other than reserve balances          392,651   -   25,458   +  282,887      383,374 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               347,760   -    3,940   +  264,379      342,208 
  Foreign official                                               5,169   +        4   -       87        5,165 
  Other (13)                                                    39,722   -   21,522   +   18,595       36,001 
Other liabilities and capital (14)                              46,764   -      143   -   19,519       46,486 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,504,328   +  125,566   +  606,518    2,441,770 
                                                                                                              
Reserve balances with Federal Reserve Banks                  1,999,935   -  131,857   -  632,698    2,063,383 

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.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
14. Includes the liability for earnings remittances due to the U.S. Treasury.                               
                                                                                                            



Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended   Oct 5, 2016 
                                                           Oct 5, 2016 Sep 28, 2016  Oct 7, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,152,462   +    8,954   -  176,080    3,147,956 
  Marketable U.S. Treasury securities (1)                    2,831,968   +    8,427   -  170,637    2,827,314 
  Federal agency debt and mortgage-backed securities (2)       260,757   +      579   -   20,322      260,940 
  Other securities (3)                                          59,737   -       53   +   14,879       59,702 
Securities lent to dealers                                      26,665   +    1,414   +   11,829       25,933 
  Overnight facility (4)                                        26,665   +    1,414   +   11,829       25,933 
    U.S. Treasury securities                                    26,631   +    1,402   +   11,843       25,897 
    Federal agency debt securities                                  34   +       13   -       14           36 

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 5, 2016     

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                                           21           152             0             0             0           ...           173 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0        42,341       149,983     1,202,712       433,453       634,984     2,463,473 
  Weekly changes                        -    6,827    +   11,702    -      755    -    6,496    +    2,387    +        2    +       13 
Federal agency debt securities (2)                                                                                                     
  Holdings                                   1,999         2,313         9,423         4,410             0         2,347        20,492 
  Weekly changes                        +    1,999    -    1,999             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0         1,597        11,292     1,723,988     1,736,877 
  Weekly changes                                 0             0             0    +      239    +       23    -      260    +        2 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)             7,003             0             0             0             0             0         7,003 
                                                                                                                                       
Reverse repurchase agreements (4)          536,588             0           ...           ...           ...           ...       536,588 
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 5, 2016  

Mortgage-backed securities held outright (1)                                                                             1,736,877  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           45,960  
Commitments to sell mortgage-backed securities (2)                                                                              10  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    1  



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 5, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,708  
                                                                                                                                    
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, 2016. 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 5, 2016   Wednesday    Wednesday  
                                                        consolidation                Sep 28, 2016  Oct 7, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,922   -        5   +       13  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,382,308   -      374   -   32,523  
    Securities held outright (1)                                          4,220,842   +       15   -   17,411  
      U.S. Treasury securities                                            2,463,473   +       13   +    1,562  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,340,976   -      671   -    5,663  
        Notes and bonds, inflation-indexed (2)                              105,224   +      671   +    6,690  
        Inflation compensation (3)                                           17,273   +       13   +      536  
      Federal agency debt securities (2)                                     20,492            0   -   14,601  
      Mortgage-backed securities (4)                                      1,736,877   +        2   -    4,372  
    Unamortized premiums on securities held outright  
    (5)                                                                     176,741   -      348   -   16,597  
    Unamortized discounts on securities held outright 
    (5)                                                                     -15,448   +       29   +    1,538  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       173   -       69   -       53  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,708   +        1   +        5  
  Items in process of collection                                   (0)           61   +        7   -      499  
  Bank premises                                                               2,201   -        5   -       32  
  Central bank liquidity swaps (8)                                            7,003   +    6,712   +    6,860  
  Foreign currency denominated assets (9)                                    21,255   -      270   +    1,174  
  Other assets (10)                                                          26,713   +    1,341   -    1,776  
                                                                                                               
Total assets                                                       (0)    4,459,407   +    7,405   -   26,778  

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 5, 2016   Wednesday    Wednesday  
                                                        consolidation                Sep 28, 2016  Oct 7, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,429,016   +    5,092   +   83,177 
  Reverse repurchase agreements (11)                                         536,588   +   21,778   +  253,904 
  Deposits                                                          (0)    2,446,757   -   19,364   -  344,881 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,063,383   -   21,854   -  615,411 
    U.S. Treasury, General Account                                           342,208   +    2,589   +  255,069 
    Foreign official                                                           5,165            0   -       91 
    Other (12)                                                      (0)       36,001   -       99   +   15,552 
  Deferred availability cash items                                  (0)          561   -      195   +      173 
  Other liabilities and accrued dividends (13)                                 6,310   +       91   -      757 
                                                                                                               
Total liabilities                                                   (0)    4,419,231   +    7,401   -    8,386 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,176   +        4   +      892 
  Surplus                                                                     10,000            0   -   19,284 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,176   +        4   -   18,392 

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.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Revalued daily at current foreign currency exchange rates.                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
13. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, October 5, 2016
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         355       3,588          359         586         760       1,541         753         360         193         296         875       1,371
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,922          48          77          155         134         302         192         282          32          54         132         195         320
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,382,308     107,648   2,493,729      118,985     131,238     267,809     245,268     174,626      55,357      32,374      61,009     155,990     538,276
    Securities held outright (1)               4,220,842     103,686   2,401,942      114,605     126,407     257,951     236,237     168,179      53,270      31,118      58,743     150,240     518,462
      U.S. Treasury securities                 2,463,473      60,516   1,401,881       66,889      73,777     150,552     137,879      98,157      31,091      18,162      34,285      87,687     302,598
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,463,473      60,516   1,401,881       66,889      73,777     150,552     137,879      98,157      31,091      18,162      34,285      87,687     302,598
      Federal agency debt securities (2)          20,492         503      11,661          556         614       1,252       1,147         817         259         151         285         729       2,517
      Mortgage-backed securities (4)           1,736,877      42,667     988,400       47,160      52,017     106,147      97,212      69,206      21,921      12,805      24,173      61,824     213,347
    Unamortized premiums on securities held 
      outright (5)                               176,741       4,342     100,578        4,799       5,293      10,801       9,892       7,042       2,231       1,303       2,460       6,291      21,710
    Unamortized discounts on securities     
      held outright (5)                          -15,448        -379      -8,791         -419        -463        -944        -865        -616        -195        -114        -215        -550      -1,898
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            173           0           0            0           0           0           4          21          51          66          22           9           1
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,708           0       1,708            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      61           0           0            0           0           0          61           0           0           0           0           0           0
  Bank premises                                    2,201         118         429           72         106         205         207         201         114          90         240         224         196
  Central bank liquidity swaps (8)                 7,003         310       2,310          385         533       1,562         389         188          72          30          70          89       1,065
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   21,255         939       7,014        1,169       1,619       4,740       1,180         570         218          91         212         269       3,233
  Other assets (10)                               26,713         691      14,762          730         807       1,801       1,512       1,082         416         222         424         967       3,299
  Interdistrict settlement account                     0  -   16,737  -   45,862   -    8,578  -    1,980  -   21,588  +   18,711  +    2,226  +    5,767  +    2,132  +      576  +   26,343  +   38,991
                                                                                                                                                                                                         
Total assets                                   4,459,407      93,567   2,479,571      113,487     133,279     256,003     269,714     180,351      62,486      35,277      63,113     185,235     587,325

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 5, 2016 (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            1,615,830      50,105     525,807      50,487      80,904     113,976     224,197     107,960      49,778      27,977      41,798     133,689     209,152
    Less: Notes held by F.R. Banks               186,814       6,287      51,436       6,815       9,958      14,191      28,134      12,740       5,465       3,172       5,857      15,851      26,909
      Federal Reserve notes, net               1,429,016      43,818     474,372      43,672      70,946      99,785     196,063      95,219      44,314      24,805      35,941     117,838     182,243
  Reverse repurchase agreements (11)             536,588      13,181     305,354      14,570      16,070      32,793      30,032      21,380       6,772       3,956       7,468      19,100      65,911
  Deposits                                     2,446,757      34,635   1,683,570      52,855      42,984     114,065      40,873      61,941      10,801       5,734      19,162      47,507     332,629
    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                           2,063,383      34,631   1,307,736      52,853      42,981     113,734      40,864      54,775      10,788       5,734      19,161      47,506     332,620
    U.S. Treasury, General Account               342,208           0     342,208           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,165           2       5,138           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    36,001           2      28,488           0           0         322           7       7,165          13           0           1           0           3
  Deferred availability cash items                   561           0           0           0           0           0          96           0           0         464           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,665          32       1,038          32          32          54         105          64          22          12          24          67         182
  Other liabilities and accrued             
     dividends                                     4,645         152       2,066         187         196         494         324         251         141         136         125         211         362
                                                                                                                                                                                                        
Total liabilities                              4,419,231      91,819   2,466,401     111,316     130,228     247,191     267,495     178,855      62,050      35,108      62,720     184,723     581,326
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,176       1,307       9,871       1,621       2,290       6,581       1,664       1,227         333         127         293         385       4,477
  Surplus                                         10,000         442       3,299         550         762       2,230         555         268         103          43         100         127       1,521
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,459,407      93,567   2,479,571     113,487     133,279     256,003     269,714     180,351      62,486      35,277      63,113     185,235     587,325

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 5, 2016 (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.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
9.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities. Also includes certain         
    deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.                                                   
13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after          
    providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $10 billion surplus.                                                                            
                                                                                                                                                                                                            


Note on consolidation:


On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to
acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the
remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual
returns and could have absorbed any residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the
assets and liabilities of FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was
eliminated, the net assets of ML appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only
to the ML portfolio holdings, were included in other liabilities in this table (and table 1 and table 5).

                                                                                 



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                           Oct 5, 2016  

Federal Reserve notes outstanding                                                            1,615,830  
  Less: Notes held by F.R. Banks not subject to collateralization                              186,814  
    Federal Reserve notes to be collateralized                                               1,429,016  
Collateral held against Federal Reserve notes                                                1,429,016  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,412,779  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,220,842  
  Less: Face value of securities under reverse repurchase agreements                           498,227  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,722,615  

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.