FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             April 23, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Apr 22, 2009 Apr 15, 2009 Apr 23, 2008 Apr 22, 2009

Reserve Bank credit                                       2,169,120   +   70,357   +1,301,135    2,179,358
  Securities held outright                                  954,046   +   94,506   +  405,395      967,070       
    U.S. Treasury securities (1)                            528,690   +   14,125   -   19,961      534,969
      Bills (2)                                              18,423            0   -   51,894       18,423
      Notes and bonds, nominal (2)                          465,032   +   12,440   +   29,981      471,032
      Notes and bonds, inflation-indexed (2)                 40,761   +    1,370   +    2,324       40,976
      Inflation compensation (3)                              4,474   +      316   -      372        4,538
    Federal agency debt securities (2)                       62,757   +    4,997   +   62,757       64,511
    Mortgage-backed securities (4)                          362,599   +   75,384   +  362,599      367,590
  Repurchase agreements (5)                                       0            0   -  107,786            0
  Term auction credit                                       455,799   -        1   +  355,799      455,799  
  Other loans                                               104,701   -    9,718   +   71,311      102,988
    Primary credit                                           43,112   -    5,378   +   32,381       43,756
    Secondary credit                                             61   -        6   +       61           62
    Seasonal credit                                               1   -        1   -       25            1
    Primary dealer and other broker-dealer credit (6)         9,214   -    3,672   -   13,420        8,000
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                            950   -    1,745   +      950          804
    Credit extended to American International
      Group, Inc. (7)                                        44,983   -      123   +   44,983       43,986
    Term Asset-Backed Securities Loan Facility                6,379   +    1,205   +    6,379        6,379
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (8)                                240,897   -    9,351   +  240,897      242,431
  Net portfolio holdings of LLCs funded through
    the Money Market Investor Funding Facility (9)                0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (10)             26,445   +       41   +   26,445       26,481
  Net portfolio holdings of Maiden Lane II LLC (11)          18,237   +        9   +   18,237       18,253
  Net portfolio holdings of Maiden Lane III LLC (12)         27,414   +       55   +   27,414       27,429
  Float                                                      -2,352   -      213   -      489       -2,960
  Central bank liquidity swaps (13)                         286,274   -    7,259   +  250,274      282,863
  Other Federal Reserve assets (14)                          57,658   +    2,286   +   13,637       59,005
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (15)                           42,276   +       14   +    3,555       42,276
       
Total factors supplying reserve funds                     2,224,637   +   70,371   +1,304,690    2,234,875

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
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Apr 22, 2009 Apr 15, 2009 Apr 23, 2008 Apr 22, 2009

Currency in circulation (15)                                903,255   -    1,519   +   90,423      903,043
Reverse repurchase agreements (16)                           65,766   -    5,613   +   25,720       64,681
  Foreign official and international accounts                65,766   -    5,613   +   25,720       64,681
  Dealers                                                         0            0            0            0
Treasury cash holdings                                          333   +       10   -       18          327
Deposits with F.R. Banks, other than reserve balances       274,247   -    9,514   +  261,247      299,767       
  U.S. Treasury, general account                             65,720   +   23,854   +   60,283       93,533
  U.S. Treasury, supplementary financing account            199,929            0   +  199,929      199,929
  Foreign official                                            2,299   -      175   +    2,197        1,594
  Service-related                                             4,368   -       37   -    2,782        4,368
    Required clearing balances                                4,368            0   -    2,782        4,368
    Adjustments to compensate for float                           0   -       37            0            0
  Other                                                       1,931   -   33,157   +    1,621          343
Other liabilities and capital (17)                           56,108   -        1   +   12,458       55,693

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,299,709   -   16,637   +  389,830    1,323,511

Reserve balances with Federal Reserve Banks                 924,928   +   87,007   +  914,860      911,364
                                                                
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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.  Current face value of the securities, which is 
   the remaining principal balance of the underlying mortgages.  
5. Cash value of agreements.
6. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain
   other broker-dealers.
7. Excludes credit extended to consolidated LLCs.
8. Refer to table 7 and the note on consolidation accompanying table 10.
9. Refer to table 8 and the note on consolidation accompanying table 10.
10. Refer to table 4 and the note on consolidation accompanying table 10.
11. Refer to table 5 and the note on consolidation accompanying table 10.
12. Refer to table 6 and the note on consolidation accompanying table 10.
13. 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.
14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities.
17. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other 
    than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio 
    holdings of these LLCs.  Refer to table 4 through table 8 and the note on consolidation accompanying table 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


1A. Memorandum Items 
Millions of dollars
                                                                   Averages of daily figures
Memorandum item                                           Week ended   Change from week ended     Wednesday
                                                         Apr 22, 2009 Apr 15, 2009 Apr 23, 2008 Apr 22, 2009

Marketable securities held in custody for foreign
      official and international accounts (1)             2,647,542   +    6,505   +  394,588    2,646,833
  U.S. Treasury securities                                1,841,470   +    9,072   +  509,860    1,838,342
  Federal agency securities (2)                             806,072   -    2,568   -  115,272      808,491
Securities lent to dealers                                   48,713   -    8,453   -  120,967       47,980   
  Overnight facility (3)                                      4,734   +    1,818   -    9,568        4,430
  Term facility (4)                                          43,979   -   10,271   -  111,399       43,550

Note: Components may not sum to totals because of rounding.

1. Face value of the securities.  Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed 
   securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt
   securities.

    
   


2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities,     April 22, 2009
Millions of dollars

Remaining maturity                 Within 15  16 days to  91 days to  Over 1 year  Over 5 years  Over 10       All
                                      days     90 days      1 year     to 5 years   to 10 years   years 
Term auction credit                  242,350     213,449         ---          ---           ---        ---     455,799
Other loans (1)                       48,649       3,975            0      50,365           ---        ---     102,988
U.S. Treasury securities (2) 
  Holdings                            18,418      24,763       65,120     202,796       117,956    105,916     534,969
  Weekly changes                  +    2,156  -      922   -    1,231  +      705    +    7,012 +    1,145  +    8,866
Federal agency debt securities (3) 
  Holdings                                 0         196        3,979      43,981        15,973        382      64,511
  Weekly changes                           0  +      196   -      196           0    +    2,893 +      177  +    3,070
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    367,590     367,590
  Weekly changes                           0           0            0           0             0 +   11,953  +   11,953
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                   155,724      84,712            0         ---           ---        ---     240,436
Money market instruments held by
  LLCs funded through the Money
  Market Investor Funding
  Facility (6)                             0           0            0         ---           ---        ---           0
Repurchase agreements (7)                  0           0          ---         ---           ---        ---           0
Central bank liquidity swaps (8)     169,218     113,645            0           0             0          0     282,863

Reverse repurchase agreements (7)     64,681           0          ---         ---           ---        ---      64,681
  
Note: Components may not sum to totals because of rounding.
---   Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding Facility LLC, the 
   LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden 
   Lane III LLC.  The loans were eliminated when preparing the FRBNY's statement of condition consistent with 
   consolidation under generally accepted accounting principles.
2. 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.
3. Face value.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae.  Current face value of the securities, which is the remaining 
   principal balance of the underlying mortgages.
5. Face value of commercial paper held by Commercial Paper Funding Facility LLC.
6. Face value of money market instruments held by LLCs funded through the Money Market Investor Funding Facility.
7. Cash value of agreements.
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.


3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Apr 22, 2009

Mortgage-backed securities held outright (1)                                                       367,590

Commitments to buy mortgage-backed securities (2)                                                  131,961
Commitments to sell mortgage-backed securities (2)                                                 122,025

Cash and cash equivalents (3)                                                                          444

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae.  Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
2. Current face value.  Generally settle within 180 days and include commitments associated with outright
   transactions as well as dollar rolls.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.


4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Apr 22, 2009
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       26,481

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           28,820
Accrued interest payable to the Federal Reserve Bank of New York (2)                                   312
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,206
 
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, 2008.  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 10.
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 9 and table 10.

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.  Payments by Maiden Lane LLC from the 
proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, 
principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest 
due to JPMorgan Chase & Co.  Any remaining funds will be paid to the FRBNY.



5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Apr 22, 2009

Net portfolio holdings of Maiden Lane II LLC (1)                                                     18,253

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            18,251
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    112
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,013

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, 2008.  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 10.
3. Book value.  The deferred payment represents the portion of the proceeds of the net portfolio holdings due 
   to subsidiaries of American International Group, Inc. in accordance with the asset purchase agreement.  
   The fair value of this payment and accrued interest payable are included in other liabilities and capital 
   in table 1 and in other liabilities and accrued dividends in table 9 and table 10.

Note:  On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden 
Lane II LLC under the authority of section 13(3) of the Federal Reserve Act.  This limited liability company 
was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment 
portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries).  Payments by Maiden 
Lane II LLC from the proceeds of the net portfolio holdings will be made in the following order:  operating 
expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment 
and interest due to AIG subsidiaries.  Any remaining funds will be shared by the FRBNY and AIG subsidiaries.


6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Apr 22, 2009

Net portfolio holdings of Maiden Lane III LLC (1)                                                    27,429

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            23,542
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    154
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,076

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, 2008.  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 10.
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 9 and table 10.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane 
III LLC under the authority of section 13(3) of the Federal Reserve Act.  This limited liability company was 
formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group 
of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts.  In connection 
with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions.  
Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following 
order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, 
principal due to AIG, and interest due to AIG.  Any remaining funds will be shared by the FRBNY and AIG.


7. Information on Principal Accounts of Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Apr 22, 2009

Commercial paper holdings, net (1)                                                                  239,746
Other investments, net                                                                                2,685
Net portfolio holdings of Commercial Paper Funding Facility LLC                                     242,431

Memorandum: Commercial paper holdings, face value                                                   240,436

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           239,088
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    114

1. Book value, which includes amortized cost and related fees.
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 10.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of 
section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC.  This LLC is a limited 
liability company formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers 
and thereby foster liquidity in short-term funding markets and increase the availability of credit for 
businesses and households.


8. Information on Principal Accounts of LLCs Funded through the Money Market Investor Funding Facility 
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Apr 22, 2009

Money market instrument holdings, net (1)                                                                 0
Other investments, net                                                                                    0
Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility                  0

Memorandum: Money market instrument holdings, face value                                                  0

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
Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility, 
  net of related discounts                                                                                0

1. Book value, which includes amortized cost.
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 10.

Note:  The Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the 
authority of section 13(3) of the Federal Reserve Act to a series of limited liability companies funded through 
the Money Market Investor Funding Facility (MMIFF).  The MMIFF became operational on November 24, 2008.  These 
limited liability companies were established to purchase short-term U.S. dollar-denominated certificates of 
deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers.  Such purchases are 
designed to foster liquidity in short-term money markets.


9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Apr 22, 2009     Apr 15, 2009     Apr 23, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          2,200                0                0
Coin                                                                1,870       +       32       +      448
Securities, repurchase agreements, term auction
      credit, and other loans                                   1,525,857       +   15,675       +  735,653
  Securities held outright                                        967,070       +   23,889       +  418,409
    U.S. Treasury securities (1)                                  534,969       +    8,866       -   13,692       
      Bills (2)                                                    18,423                0       -   51,894
      Notes and bonds, nominal (2)                                471,032       +    7,000       +   35,981
      Notes and bonds, inflation-indexed (2)                       40,976       +    1,503       +    2,539
      Inflation compensation (3)                                    4,538       +      362       -      319
    Federal agency debt securities (2)                             64,511       +    3,070       +   64,511
    Mortgage-backed securities (4)                                367,590       +   11,953       +  367,590
  Repurchase agreements (5)                                             0                0       -  109,500    
  Term auction credit                                             455,799                0       +  355,799
  Other loans                                                     102,988       -    8,214       +   70,945
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                        242,431       +    3,992       +  242,431
Net portfolio holdings of LLCs funded through
  the Money Market Investor Funding Facility (7)                        0                0                0
Net portfolio holdings of Maiden Lane LLC (8)                      26,481       +       42       +   26,481
Net portfolio holdings of Maiden Lane II LLC (9)                   18,253       +       19       +   18,253
Net portfolio holdings of 
  Maiden Lane III LLC (10)                                         27,429       +       17       +   27,429
Items in process of collection                         (344)          803       -       36       -    1,406
Bank premises                                                       2,191       +        4       +       45
Central bank liquidity swaps (11)                                 282,863       -   10,670       +  246,863
Other assets (12)                                                  56,855       +    1,239       +   14,728
     
      Total assets                                     (344)    2,198,269       +   10,312       +1,310,923

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Apr 22, 2009     Apr 15, 2009     Apr 23, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  862,960       -    2,266       +   86,319
Reverse repurchase agreements (13)                                 64,681       -    5,946       +   24,769
Deposits                                                 (0)    1,211,172       +   18,533       +1,188,082       
  Depository institutions                                         915,773       +   20,869       +  898,673
  U.S. Treasury, general account                                   93,533       -      976       +   87,963
  U.S. Treasury, supplementary financing account                  199,929                0       +  199,929
  Foreign official                                                  1,594       -    1,181       +    1,476
  Other                                                  (0)          343       -      178       +       41
Deferred availability cash items                       (344)        3,764       +      328       -      614
Other liabilities and accrued dividends (14)                        9,693       -      606       +    6,000

      Total liabilities                                (344)    2,152,269       +   10,043       +1,304,554
                          
Capital accounts
Capital paid in                                                    22,611       +       10       +    3,008
Surplus                                                            21,181       +        8       +    2,709
Other capital accounts                                              2,209       +      252       +      652

      Total capital                                                46,000       +      269       +    6,369

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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.  Current face value of the securities, which is 
   the remaining principal balance of the underlying mortgages. 
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation accompanying table 10.
7. Refer to table 8 and the note on consolidation accompanying table 10.
8. Refer to table 4 and the note on consolidation accompanying table 10.
9. Refer to table 5 and the note on consolidation accompanying table 10.
10. Refer to table 6 and the note on consolidation accompanying table 10.
11. 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. 
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other 
    than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio 
    holdings of these LLCs.  Refer to table 4 through table 8 and the note on consolidation accompanying table 10. 


10. Statement of Condition of Each Federal Reserve Bank,     April 22, 2009
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        412      3,895        450        467        882      1,356        911        329        197        335        621      1,182
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,870         71         85        157        147        254        213        227         40         65        134        178        298
Securities, repurchase agreements, term
      auction credit, and other loans      1,525,857     36,904    714,176     53,199     46,671    119,186    125,829    112,857     42,460     17,006     46,006     53,095    158,468
  Securities held outright                   967,070     18,551    378,004     15,003     38,207     34,850    116,519    104,647     37,886     16,010     43,653     46,759    116,980
    U.S. Treasury securities (1)             534,969     10,262    209,106      8,300     21,136     19,279     64,456     57,889     20,958      8,857     24,148     25,866     64,712
      Bills (2)                               18,423        353      7,201        286        728        664      2,220      1,994        722        305        832        891      2,228
      Notes and bonds (3)                    516,546      9,909    201,905      8,014     20,408     18,615     62,237     55,896     20,236      8,552     23,316     24,976     62,483
    Federal agency debt securities (2)        64,511      1,238     25,216      1,001      2,549      2,325      7,773      6,981      2,527      1,068      2,912      3,119      7,803
    Mortgage-backed securities (4)           367,590      7,052    143,682      5,703     14,523     13,247     44,290     39,777     14,401      6,086     16,593     17,774     44,465
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                        455,799     17,282    240,022     38,010      8,464     83,498      9,009      6,304      4,387        743      2,342      6,063     39,676     
  Other loans                                102,988      1,071     96,150        186          0        838        301      1,906        187        253         11        273      1,812
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)             242,431          0    242,431          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of LLCs funded
  through the Money Market Investor
  Funding Facility (7)                             0          0          0          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden Lane 
  LLC (8)                                     26,481          0     26,481          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (9)                             18,253          0     18,253          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (10)                           27,429          0     27,429          0          0          0          0          0          0          0          0          0          0
Items in process of collection                 1,147         28          0        444         97         95        -46        103        126         89         28         80        103
Bank premises                                  2,191        122        210         65        146        235        223        208        134        112        272        249        213
Central bank liquidity swaps (11)            282,863     11,194     77,769     30,695     20,579     79,290     21,369      9,327      2,780      4,301      2,757      3,593     19,209
Other assets (12)                             56,855      1,622     19,203      3,193      3,047      8,077      5,746      4,283      1,534        928      1,720      1,913      5,588
Interdistrict settlement account                   0  +  33,352  -   7,349  -  29,254  -   4,497  +  43,737  -  11,036  -  22,018  -  13,350  -   1,021  -   1,629  +     707  +  12,358

      Total assets                         2,198,613     83,822  1,123,456     59,032     66,761    251,903    143,820    106,110     34,125     21,708     49,688     60,534    197,653

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank,     April 22, 2009 (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           1,048,136     36,952    372,280     40,082     45,360     78,685    133,964     87,422     30,069     19,983     29,035     63,404    110,900
  Less: Notes held by F.R. Banks              185,176      4,985     58,904      5,063      7,760     12,413     28,527     13,065      3,934      2,839      3,550     18,658     25,477
    Federal Reserve notes, net                862,960     31,967    313,376     35,019     37,599     66,272    105,437     74,356     26,135     17,144     25,485     44,745     85,423
Reverse repurchase agreements (13)             64,681      1,241     25,282      1,003      2,555      2,331      7,793      6,999      2,534      1,071      2,920      3,127      7,824
Deposits                                    1,211,172     48,538    764,512     17,258     22,745    170,363     26,119     22,369      4,761      2,158     20,534     11,629    100,185
  Depository institutions                     915,773     48,531    469,282     17,253     22,741    170,225     26,116     22,367      4,756      2,157     20,533     11,629    100,182
  U.S. Treasury, general account               93,533          0     93,533          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                         199,929          0    199,929          0          0          0          0          0          0          0          0          0          0
  Foreign official                              1,594          2      1,564          4          3         11          3          1          0          1          0          1          3
  Other                                           343          5        203          0          1        127          0          0          5          0          1          0          0
Deferred availability cash items                4,107        101          0        817        465        145        675        419         73        326        164        241        682
Other liabilities and accrued                 
  dividends (14)                                9,693        139      7,063        166        198        453        401        326        162        111        140        184        351
   
      Total liabilities                     2,152,613     81,986  1,110,233     54,263     63,563    239,563    140,425    104,469     33,665     20,810     49,243     59,927    194,465
                              
Capital                    
Capital paid in                                22,611        912      6,363      2,379      1,588      6,164      1,663        786        217        487        207        287      1,558
Surplus                                        21,181        844      5,712      2,315      1,552      5,981      1,612        704        210        324        208        271      1,449
Other capital                                   2,209         80      1,148         74         59        194        120        152         33         87         31         49        181

      Total liabilities and capital         2,198,613     83,822  1,123,456     59,032     66,761    251,903    143,820    106,110     34,125     21,708     49,688     60,534    197,653
                              
Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank,     April 22, 2009 (continued)

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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.  Current face value of the securities, which is the remaining principal balance of the underlying mortgages. 
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation below.
7. Refer to table 8 and the note on consolidation below.
8. Refer to table 4 and the note on consolidation below.
9. Refer to table 5 and the note on consolidation below.
10. Refer to table 6 and the note on consolidation below.
11. 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.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and  Maiden 
    Lane III LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs.  Refer to table 4 through 
    table 8 and the note on consolidation below.

Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has 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, which was formed to acquire certain assets of Bear Stearns.  On October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding 
Facility LLC, which was formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On October 21, 2008, the Federal Reserve Board authorized the FRBNY 
to extend credit to a series of LLCs funded through the Money Market Investor Funding Facility.  These LLCs, which became operational on November 24, 2008, were established to purchase 
short-term U.S. dollar-denominated certificates of deposit, bank notes, and commercial paper from eligible issuers.  On November 25, 2008, a loan was extended to Maiden Lane III LLC, 
which was formed to purchase multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap 
contracts.  On December 12, 2008, a loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending 
reinvestment portfolio of subsidiaries of American International Group, Inc.

The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC and the primary beneficiary of the other LLCs cited above. Consistent with generally accepted accounting principles, 
the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on this release.  As a 
consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page (and in table 1 and 
table 9), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in 
this table (and table 1 and table 9).


11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars

Federal Reserve notes and collateral                                                              Wednesday
                                                                                                Apr 22, 2009
              
Federal Reserve notes outstanding                                                                1,048,136
  Less: Notes held by F.R. Banks not subject to collateralization                                  185,176
    Federal Reserve notes to be collateralized                                                     862,960 
Collateral held against Federal Reserve notes                                                      862,960
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         2,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         849,723
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                             967,070
  Less: Face value of securities under reverse repurchase agreements                                60,976
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                         906,094
   
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 and term securities lending facilities; refer
   to table 1A.