FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks March 2, 2017

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Mar 1, 2017 Feb 22, 2017 Mar 2, 2016

Wednesday

Mar 1, 2017

Reserve Bank credit 4,426,655 + 2,977 - 12,553 4,419,630

Securities held outright1 4,245,956 + 1,954 + 1,653 4,240,003

U.S. Treasury securities 2,463,465 + 12 + 2,307 2,463,488

Bills2 0 0 0 0

Notes and bonds, nominal2 2,341,105 - 277 - 4,754 2,340,411

Notes and bonds, inflation-indexed2 105,208 + 278 + 5,668 105,901

Inflation compensation3 17,153 + 13 + 1,393 17,175

Federal agency debt securities2 13,329 0 - 17,989 13,329

Mortgage-backed securities4 1,769,161 + 1,941 + 17,334 1,763,186

Unamortized premiums on securities held outright5 170,720 - 210 - 16,157 170,434

Unamortized discounts on securities held outright5 -15,027 + 14 + 1,343 -15,052

Repurchase agreements6 0 0 0 0

Loans 51 + 46 + 17 2

Primary credit 49 + 48 + 25 1

Secondary credit 0 0 0 0

Seasonal credit 2 - 2 - 8 1

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,705 0 - 17 1,705

Float -615 - 320 + 101 -374

Central bank liquidity swaps8 1,104 + 961 + 1,016 1,132

Other Federal Reserve assets9 22,760 + 530 - 510 21,781

Foreign currency denominated assets10 19,874 + 34 - 295 19,755

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 5,200 0 0 5,200

Treasury currency outstanding11 48,648 + 14 + 997 48,648

Total factors supplying reserve funds 4,511,418 + 3,025 - 11,851 4,504,274

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Mar 1, 2017 Feb 22, 2017 Mar 2, 2016

Wednesday

Mar 1, 2017

Currency in circulation11 1,515,454 + 4,320 + 84,704 1,521,561

Reverse repurchase agreements12 420,286 + 25,616 + 118,250 404,888

Foreign official and international accounts 251,162 + 4,355 + 5,127 248,878

Others 169,124 + 21,261 + 113,123 156,010

Treasury cash holdings 253 + 12 + 13 260

Deposits with F.R. Banks, other than reserve balances 265,722 - 49,709 + 3,381 222,328

Term deposits held by depository institutions 16,625 + 16,625 + 16,625 16,625

U.S. Treasury, General Account 175,496 - 82,796 - 61,711 148,385

Foreign official 5,170 + 4 - 69 5,164

Other13 68,432 + 16,459 + 48,537 52,154

Other liabilities and capital14 48,080 + 184 + 1,687 47,283

Total factors, other than reserve balances,

absorbing reserve funds 2,249,795 - 19,576 + 208,034 2,196,320

Reserve balances with Federal Reserve Banks 2,261,623 + 22,601 - 219,885 2,307,954

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.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Memorandum item Week ended Change from week ended

Mar 1, 2017 Feb 22, 2017 Mar 2, 2016

Wednesday

Mar 1, 2017

Securities held in custody for foreign official and international

accounts 3,175,780 - 5,660 - 75,257 3,174,221

Marketable U.S. Treasury securities1 2,846,066 - 4,087 - 89,802 2,844,566

Federal agency debt and mortgage-backed securities2 266,671 - 1,626 + 166 266,538

Other securities3 63,043 + 53 + 14,379 63,117

Securities lent to dealers 19,258 - 841 + 3,548 23,234

Overnight facility4 19,258 - 841 + 3,548 23,234

U.S. Treasury securities 19,207 - 843 + 3,558 23,182

Federal agency debt securities 51 + 2 - 10 52

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, March 1, 2017

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans 1 1 0 0 0 ... 2

U.S. Treasury securities1

Holdings 0 48,558 195,256 1,216,789 376,104 626,781 2,463,488

Weekly changes - 13,175 0 + 32,048 - 23,720 + 3,889 + 990 + 32

Federal agency debt securities2

Holdings 0 4,495 4,443 2,044 0 2,347 13,329

Weekly changes 0 0 0 0 0 0 0

Mortgage-backed securities3

Holdings 0 0 0 167 11,093 1,751,926 1,763,186

Weekly changes 0 0 0 - 35 - 230 - 10,170 - 10,435

Repurchase agreements4 0 0 ... ... ... ... 0

Central bank liquidity swaps5 1,132 0 0 0 0 0 1,132

Reverse repurchase agreements4 404,888 0 ... ... ... ... 404,888

Term deposits 16,625 0 0 ... ... ... 16,625

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.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday Account name Mar 1, 2017

Mortgage-backed securities held outright1 1,763,186

Commitments to buy mortgage-backed securities2 26,088

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 12

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

Wednesday Account name Mar 1, 2017

Net portfolio holdings of Maiden Lane LLC1 1,705

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 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 December 31, 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.
H.4.1

5. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Mar 1, 2017 Feb 22, 2017 Mar 2, 2016

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,942 - 25 + 4

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,395,386 - 11,038 - 19,229

Securities held outright1 4,240,003 - 10,403 - 4,296

U.S. Treasury securities 2,463,488 + 32 + 2,336

Bills2 0 0 0

Notes and bonds, nominal2 2,340,411 - 971 - 4,107

Notes and bonds, inflation-indexed2 105,901 + 971 + 5,021

Inflation compensation3 17,175 + 31 + 1,422

Federal agency debt securities2 13,329 0 - 17,989

Mortgage-backed securities4 1,763,186 - 10,435 + 11,357

Unamortized premiums on securities held outright5 170,434 - 612 - 16,309

Unamortized discounts on securities held outright5 -15,052 - 21 + 1,385

Repurchase agreements6 0 0 0

Loans 2 - 1 - 9

Net portfolio holdings of Maiden Lane LLC7 1,705 0 - 17

Items in process of collection (0) 79 - 48 - 105

Bank premises 2,196 - 6 - 29

Central bank liquidity swaps8 1,132 + 989 + 1,044

Foreign currency denominated assets9 19,755 - 6 - 388

Other assets10 19,585 - 552 - 1,750

Total assets (0) 4,458,018 - 10,684 - 20,467

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

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

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Mar 1, 2017 Feb 22, 2017 Mar 2, 2016

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,475,112 + 9,023 + 87,140

Reverse repurchase agreements11 404,888 - 20,641 + 113,463

Deposits (0) 2,530,281 + 1,160 - 222,729

Term deposits held by depository institutions 16,625 + 16,625 + 16,625

Other deposits held by depository institutions 2,307,954 + 64,798 - 188,628

U.S. Treasury, General Account 148,385 - 79,786 - 81,003

Foreign official 5,164 - 1 - 76

Other12 (0) 52,154 - 474 + 30,354

Deferred availability cash items (0) 453 - 296 + 10

Other liabilities and accrued dividends13 6,750 + 66 + 640

Total liabilities (0) 4,417,484 - 10,687 - 21,476

Capital accounts

Capital paid in 30,534 + 3 + 1,008

Surplus 10,000 0 0

Other capital accounts 0 0 0

Total capital 40,534 + 3 + 1,008

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.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, March 1, 2017

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco

Assets

Gold certificate account 11,037 355 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 1,942 56 74 163 137 306 191 287 30 53 123 201 320

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,395,386 107,974 2,501,268 119,344 131,635 268,618 246,006 175,135 55,473 32,405 61,172 156,453 539,903

Securities held outright1 4,240,003 104,157 2,412,846 115,125 126,981 259,122 237,309 168,942 53,512 31,260 59,010 150,922 520,816

U.S. Treasury securities 2,463,488 60,516 1,401,890 66,889 73,777 150,553 137,879 98,157 31,091 18,162 34,285 87,687 302,600

Bills2 0 0 0 0 0 0 0 0 0 0 0 0 0

Notes and bonds3 2,463,488 60,516 1,401,890 66,889 73,777 150,553 137,879 98,157 31,091 18,162 34,285 87,687 302,600

Federal agency debt securities2 13,329 327 7,585 362 399 815 746 531 168 98 186 474 1,637

Mortgage-backed securities4 1,763,186 43,313 1,003,371 47,874 52,804 107,755 98,684 70,254 22,253 12,999 24,539 62,760 216,579

Unamortized premiums on securities 

held outright5 170,434 4,187 96,988 4,628 5,104 10,416 9,539 6,791 2,151 1,257 2,372 6,067 20,935

Unamortized discounts on securities 

held outright5 -15,052 -370 -8,566 -409 -451 -920 -842 -600 -190 -111 -209 -536 -1,849

Repurchase agreements6 0 0 0 0 0 0 0 0 0 0 0 0 0

Loans 2 0 0 0 0 0 0 1 0 0 0 0 1

Net portfolio holdings of Maiden

Lane LLC7 1,705 0 1,705 0 0 0 0 0 0 0 0 0 0

Items in process of collection 79 0 0 0 0 0 79 0 0 1 0 0 0

Bank premises 2,196 118 437 71 108 202 205 200 112 89 237 222 195

Central bank liquidity swaps8 1,132 50 373 62 86 252 63 30 12 5 11 14 172

Foreign currency denominated

assets9 19,755 873 6,519 1,087 1,505 4,406 1,097 529 203 84 197 250 3,005

Other assets10 19,585 512 10,565 537 587 1,375 1,114 784 536 161 319 699 2,394

Interdistrict settlement account 0 - 11,630 - 131,526 + 3,475 - 1,287 + 655 + 21,029 + 30,716 + 6,295 + 3,993 + 7,544 + 30,900 + 39,836

Total assets 4,458,018 98,504 2,394,823 125,309 133,594 276,986 271,978 208,858 63,171 37,074 70,054 189,895 587,770

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, March 1, 2017 (continued)

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco

Liabilities

Federal Reserve notes outstanding 1,653,896 55,059 532,030 53,477 81,954 119,191 225,326 112,897 49,053 29,416 46,676 137,777 211,038

Less: Notes held by F.R. Banks 178,784 6,176 51,182 6,539 9,731 13,003 24,036 11,664 4,514 3,581 5,691 15,181 27,484

Federal Reserve notes, net 1,475,112 48,882 480,848 46,938 72,224 106,188 201,290 101,233 44,540 25,835 40,985 122,596 183,554

Reverse repurchase agreements11 404,888 9,946 230,408 10,994 12,126 24,744 22,661 16,133 5,110 2,985 5,635 14,412 49,734

Deposits 2,530,281 37,721 1,667,093 64,963 45,704 136,723 45,184 89,471 12,914 7,567 22,897 52,099 347,946

Term deposits held by depository

institutions 16,625 50 4,585 4,000 305 0 100 2,235 0 0 2,100 500 2,750

Other deposits held by depository

institutions 2,307,954 37,659 1,481,570 60,961 45,396 136,530 45,075 62,718 12,898 7,566 20,795 51,599 345,187

U.S. Treasury, General Account 148,385 0 148,385 0 0 0 0 0 0 0 0 0 0

Foreign official 5,164 2 5,137 2 3 9 2 1 0 0 0 1 6

Other12 52,154 11 27,416 0 0 184 7 24,517 15 0 2 0 2

Deferred availability cash items 453 0 0 0 0 0 72 0 0 381 0 0 0

Earnings remittances due to the U.S.

Treasury13 1,974 55 1,106 54 58 133 123 77 29 11 24 74 230

Other liabilities and accrued

dividends 4,775 146 2,365 179 183 442 292 250 128 125 118 194 355

Total liabilities 4,417,484 96,751 2,381,821 123,127 130,295 268,230 269,622 207,164 62,720 36,903 69,659 189,374 581,818

Capital

Capital paid in 30,534 1,319 9,800 1,645 2,485 6,595 1,773 1,275 342 129 298 393 4,479

Surplus 10,000 434 3,202 538 815 2,161 583 419 109 42 97 128 1,473

Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 4,458,018 98,504 2,394,823 125,309 133,594 276,986 271,978 208,858 63,171 37,074 70,054 189,895 587,770

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, March 1, 2017 (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).
H.4.1

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

Millions of dollars

Wednesday Federal Reserve notes and collateral Mar 1, 2017

Federal Reserve notes outstanding 1,653,896

Less: Notes held by F.R. Banks not subject to collateralization 178,784

Federal Reserve notes to be collateralized 1,475,112

Collateral held against Federal Reserve notes 1,475,112

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,458,875

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 4,240,003

Less: Face value of securities under reverse repurchase agreements 393,316

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,846,686

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.