Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 799,280 + 1,476 + 34,842 802,277

Securities held outright 730,411 - 289 + 35,540 730,418

U.S. Treasury1 730,411 - 289 + 35,540 730,418

Bills2 267,780 + 157 + 12,432 267,780

Notes and bonds, nominal2 440,292 - 464 + 17,751 440,292

Notes and bonds, inflation-indexed2 19,533 0 + 4,671 19,533

Inflation compensation3 2,805 + 17 + 686 2,813

Federal agency2 0 0 0 0

Repurchase agreements4 30,250 + 1,536 - 679 31,500

Loans to depository institutions 321 - 11 + 54 331

Primary credit 20 + 14 - 11 25

Secondary credit 0 0 0 0

Seasonal credit 301 - 25 + 65 305

Float -451 - 89 - 724 1,226

Other Federal Reserve assets 38,750 + 330 + 652 38,802

Gold stock 11,041 0 - 2 11,041

Special drawing rights certificate account 2,200 0 0 2,200

Treasury currency outstanding5 36,741 + 14 + 516 36,741

Total factors supplying reserve funds 849,262 + 1,490 + 35,356 852,259

Currency in circulation5 769,269 + 6,114 + 27,999 771,037

Reverse repurchase agreements6 25,215 + 244 + 1,694 25,154

Foreign official and international accounts 25,215 + 244 + 1,694 25,154

Dealers 0 0 0 0

Treasury cash holdings 261 - 5 - 60 255

Deposits with F.R. Banks, other than reserve balances 14,112 + 137 - 1,408 13,727

U.S. Treasury, general account 4,786 - 123 - 124 4,445

Foreign official 142 + 55 + 64 82

Service-related 8,886 + 168 - 1,339 8,886

Required clearing balances 8,886 + 168 - 1,339 8,886

Adjustments to compensate for float 0 0 0 0

Other 298 + 37 - 10 314

Other liabilities and capital 31,357 + 369 + 8,293 31,016

Total factors, other than reserve balances,

absorbing reserve funds 840,213 + 6,857 + 36,517 841,189

Reserve balances with Federal Reserve Banks 9,048 - 5,369 - 1,162 11,070

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,466,522 - 1,654 + 175,598 1,465,764

U.S. Treasury 1,097,287 - 1,652 + 50,494 1,097,542

Federal agency 369,235 - 2 + 125,104 368,222

Securities lent to dealers 2,947 - 358 + 1,434 5,376

FEDERAL RESERVE statistical release

 September 8, 2005

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

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

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

5. Estimated.

6. Cash value of agreements, which are collateralized by U.S. Treasury securities.

7. Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.

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

Change from week ended Wednesday

 Sep 7, 2005 Week ended

 Sep 7, 2005 Aug 31, 2005 Sep 8, 2004
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

6. Cash value of agreements, which are collateralized by U.S. Treasury securities.

7. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

Assets

Gold certificate account 11,037 0 - 2

Special drawing rights certificate account 2,200 0 0

Coin 655 - 4 - 115

Securities, repurchase agreements, and loans 762,249 - 3,967 + 33,961

Securities held outright 730,418 + 38 + 35,549

U.S. Treasury1 730,418 + 38 + 35,549

Bills2 267,780 + 14 + 12,432

Notes and bonds, nominal2 440,292 0 + 17,751

Notes and bonds, inflation-indexed2 19,533 0 + 4,671

Inflation compensation3 2,813 + 24 + 696

Federal agency2 0 0 0

Repurchase agreements4 31,500 - 4,000 - 1,500

Loans 331 - 5 - 87

Items in process of collection (1,948) 9,775 + 2,695 + 695

Bank premises 1,832 - 2 + 114

Other assets5 37,018 + 560 + 263

Total assets (1,948) 824,766 - 717 + 34,917

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 735,201 + 4,990 + 27,804

Reverse repurchase agreements6 25,154 - 1,333 + 1,272

Deposits (1) 24,846 - 6,852 - 3,548

Depository institutions 20,005 - 5,697 - 4,341

U.S. Treasury, general account 4,445 - 1,205 + 744

Foreign official 82 + 1 + 2

Other (1) 314 + 49 + 48

Deferred availability cash items (1,948) 8,549 + 2,210 + 1,360

Other liabilities and accrued dividends7 3,645 + 84 + 975

Total liabilities (1,948) 797,395 - 902 + 27,863

Capital accounts

Capital paid in 13,403 + 1 + 2,949

Surplus 11,630 0 + 2,783

Other capital accounts 2,338 + 183 + 1,321

Total capital 27,371 + 185 + 7,054

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Sep 8, 2004

Eliminations from

consolidation Wednesday

 Sep 7, 2005

Wednesday

 Aug 31, 2005

3. Maturity Distribution of Loans and Securities, September 7, 2005

Millions of dollars

 Federal agency

securities

Weekly

changes Holdings

 U.S. Treasury

securities1

Holdings Weekly

changes

Loans Repurchase

agreements2

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

 . . . Not applicable.

1. 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.

2. Cash value of agreements classified by remaining maturity of the agreements.

Reverse

repurchase

agreements2

Within 15 days 100 52,350 - 431 0 0 31,500 25,154

16 days to 90 days 231 162,436 + 7,018 0 0 0 0

91 days to 1 year 0 174,407 - 6,573 0 0 . . . . . . 

Over 1 year to 5 years . . . 211,793 + 10 0 0 . . . . . . 

Over 5 years to 10 years . . . 52,437 + 4 0 0 . . . . . . 

Over 10 years . . . 76,996 + 11 0 0 . . . . . . 

All 331 730,418 + 38 0 0 31,500 25,154

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on September 7, 2005Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

AssetsGold certificate accountSpecial drawing rights certificate acct.CoinSecurities, repurchase agreements,

and loans

Securities held outright

U.S. Treasury1

Bills2Notes and bonds3

Federal agency2

Repurchase agreements4

Loans

Items in process of collectionBank premisesOther assets5Interdistrict settlement account

Total assets

Note: Components may not sum to totals because of rounding.1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.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 sec4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

 11,037 2,200 655 762,249 730,418 730,418 267,780 462,638 0 31,500 331 11,723 1,832 37,018 0 826,714

Assets, liabilities, and capital

 4,355 874 39 321,136 289,636 289,636 106,184 183,452 0 31,500 0 560 205 13,916 -20,546 320,539

 510 115 13 37,370 37,370 37,370 13,700 23,670 0 0 0 709 107 3,245 - 2,581 39,488

 432 83 34 25,915 25,911 25,911 9,499 16,412 0 0 3 939 54 1,162 + 6,409 35,027

 453 104 49 30,857 30,857 30,857 11,312 19,544 0 0 0 959 157 2,467 + 860 35,905

 836 147 55 55,766 55,743 55,743 20,436 35,307 0 0 23 651 144 4,844 + 5,694 68,137

 945 166 99 56,517 56,509 56,509 20,717 35,792 0 0 8 2,225 272 2,062 + 4,194 66,482

 928 212 88 65,867 65,778 65,778 24,115 41,663 0 0 89 679 204 2,536 + 4,065 74,578

 327 71 37 22,733 22,666 22,666 8,309 14,356 0 0 67 448 66 862 + 894 25,438

 2   15,3 15,2 15,2 5,5 9,6    4 1 7 - 6 16,2
 886,271

 151,070 735,201 735,201 11,037 2,200 721,965 0 761,918 25,178 736,740

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

LiabilitiesFederal Reserve notes outstanding

Less: notes held by F.R. Banks

Federal Reserve notes, net

Reverse repurchase agreements1

Deposits

Depository institutionsU.S. Treasury, general accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends2

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

Note: Components may not sum to totals because of rounding.1. Cash value of agreements, which are collateralized by U.S. Treasury securities.2. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

 886,271 151,070 735,201 25,154 24,846 20,005 4,445 82 315 10,497 3,645 799,343 13,403 11,630 2,338 826,714

 39,701 4,734 34,967 1,287 665 653 0 5 7 807 192 37,918 173 1,353 45 39,488

 332,379 41,513 290,865 9,975 9,858 5,191 4,445 53 169 1,035 1,235 312,968 3,655 3,430 486 320,539

 37,570 6,352 31,217 892 877 876 0 1 0 698 145 33,830 742 294 162 35,027

 35,989 5,279 30,710 1,063 806 803 0 4 0 830 187 33,596 1,130 1,065 114 35,905

 67,934 12,974 54,960 1,920 3,367 3,221 0 7 138 703 365 61,314 3,920 2,148 755 68,137

 81,229 22,896 58,333 1,946 2,194 2,195 0 2 -3 1,920 299 64,693 869 516 404 66,482

 78,427 10,584 67,843 2,265 1,698 1,696 0 3 0 664 339 72,809 862 763 144 74,578

 26,461 3,084 23,377 781 474 471 0 1 2 275 137 25,044 140 236 18 25,438

 16,8 2,5 14,2 5 3 3    5 1 15,7 2 2  16,2

H.4.14. Statement of Condition of Each Federal Reserve Bank on September 7, 2005 (continued)Millions of dollars

Assets, liabilities, and capital

Federal Reserve notes outstanding

Less: Notes held by F.R. Banks

not subject to collateralization

Federal Reserve notes to be collateralized

Collateral held against Federal Reserve notes

Gold certificate accountSpecial drawing rights certificate accountU.S. Treasury and agency securities pledged1Other assets pledged

Memo:Total U.S. Treasury and agency securities1

Less: face value of securities under

reverse repurchase agreements

U.S. Treasury and agency securities

eligible to be pledged

5. Collateral Held against Federal Reserve Notes:Federal Reserve Agents' AccountsMillions of dollarsFederal Reserve notes and collateral Wednesday

 Sep 7, 2005

Note: Components may not sum to totals because of rounding.1. Includes face value of U.S. Treasury and agency securities held outright,

compensation to adjust for the effect of inflation on the original face value ofinflation-indexed securities, and cash value of repurchase agreements.