FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks July 21, 2016

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

Jul 20, 2016 Jul 13, 2016 Jul 22, 2015

Wednesday

Jul 20, 2016

Reserve Bank credit 4,439,281 + 7,665 - 21,786 4,441,669

Securities held outright1 4,240,111 + 8,974 - 4,711 4,242,398

U.S. Treasury securities 2,462,612 + 113 + 1,290 2,462,652

Bills2 0 0 0 0

Notes and bonds, nominal2 2,341,683 + 3,126 - 4,958 2,342,204

Notes and bonds, inflation-indexed2 104,035 - 2,634 + 5,501 103,596

Inflation compensation3 16,894 - 380 + 748 16,852

Federal agency debt securities2 23,536 - 1,560 - 11,672 22,492

Mortgage-backed securities4 1,753,963 + 10,422 + 5,670 1,757,254

Unamortized premiums on securities held outright5 180,357 + 94 - 17,283 180,399

Unamortized discounts on securities held outright5 -15,809 + 96 + 1,631 -15,786

Repurchase agreements6 0 0 0 0

Loans 235 + 51 + 43 200

Primary credit 56 + 30 + 54 15

Secondary credit 0 0 0 0

Seasonal credit 179 + 22 - 11 185

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,712 0 + 14 1,713

Float -344 - 52 - 12 -141

Central bank liquidity swaps8 185 - 2,214 - 474 185

Other Federal Reserve assets9 32,834 + 717 - 994 32,702

Foreign currency denominated assets10 20,905 - 340 + 1,502 20,789

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding11 47,969 + 14 + 892 47,969

Total factors supplying reserve funds 4,524,396 + 7,340 - 19,393 4,526,668

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

Jul 20, 2016 Jul 13, 2016 Jul 22, 2015

Wednesday

Jul 20, 2016

Currency in circulation11 1,462,204 - 2,698 + 92,312 1,462,600

Reverse repurchase agreements12 309,389 - 6,432 + 43,659 328,316

Foreign official and international accounts 252,775 + 1,501 + 101,837 248,948

Others 56,614 - 7,933 - 58,178 79,368

Treasury cash holdings 63 - 7 - 33 81

Deposits with F.R. Banks, other than reserve balances 377,177 - 236 + 166,695 369,996

Term deposits held by depository institutions 0 0 0 0

U.S. Treasury, General Account 329,150 + 13,086 + 134,378 327,138

Foreign official 5,200 + 4 - 43 5,219

Other13 42,827 - 13,326 + 32,361 37,639

Other liabilities and capital14 47,910 - 174 - 18,136 47,424

Total factors, other than reserve balances,

absorbing reserve funds 2,196,742 - 9,549 + 284,496 2,208,417

Reserve balances with Federal Reserve Banks 2,327,654 + 16,888 - 303,889 2,318,251

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

Jul 20, 2016 Jul 13, 2016 Jul 22, 2015

Wednesday

Jul 20, 2016

Securities held in custody for foreign official and international

accounts 3,228,447 + 6,027 - 111,906 3,224,251

Marketable U.S. Treasury securities1 2,905,099 - 887 - 92,053 2,902,485

Federal agency debt and mortgage-backed securities2 266,396 + 5,592 - 32,552 264,666

Other securities3 56,951 + 1,320 + 12,698 57,100

Securities lent to dealers 21,155 - 3,032 + 10,238 20,129

Overnight facility4 21,155 - 3,032 + 10,238 20,129

U.S. Treasury securities 21,144 - 3,027 + 10,285 20,122

Federal agency debt securities 11 - 5 - 47 7

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, July 20, 2016

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 185 15 0 0 0 ... 200

U.S. Treasury securities1

Holdings 7,193 20,153 147,715 1,197,133 452,290 638,167 2,462,652

Weekly changes + 3,546 - 7,193 + 1,257 + 1,232 + 418 + 850 + 111

Federal agency debt securities2

Holdings 0 3,999 10,396 5,750 0 2,347 22,492

Weekly changes - 2,604 + 1,999 - 1,999 0 0 0 - 2,604

Mortgage-backed securities3

Holdings 0 0 0 1,058 10,305 1,745,891 1,757,254

Weekly changes 0 0 0 + 4 + 783 + 12,926 + 13,713

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

Central bank liquidity swaps5 185 0 0 0 0 0 185

Reverse repurchase agreements4 328,316 0 ... ... ... ... 328,316

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.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday Account name Jul 20, 2016

Mortgage-backed securities held outright1 1,757,254

Commitments to buy mortgage-backed securities2 22,532

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 0

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 Jul 20, 2016

Net portfolio holdings of Maiden Lane LLC1 1,713

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 March 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

Jul 20, 2016 Jul 13, 2016 Jul 22, 2015

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,896 + 28 + 11

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,407,211 + 11,491 - 18,984

Securities held outright1 4,242,398 + 11,220 - 3,525

U.S. Treasury securities 2,462,652 + 111 + 1,282

Bills2 0 0 0

Notes and bonds, nominal2 2,342,204 + 3,647 - 4,437

Notes and bonds, inflation-indexed2 103,596 - 3,073 + 5,062

Inflation compensation3 16,852 - 464 + 658

Federal agency debt securities2 22,492 - 2,604 - 12,601

Mortgage-backed securities4 1,757,254 + 13,713 + 7,794

Unamortized premiums on securities held outright5 180,399 + 253 - 17,103

Unamortized discounts on securities held outright5 -15,786 + 107 + 1,642

Repurchase agreements6 0 0 0

Loans 200 - 89 + 3

Net portfolio holdings of Maiden Lane LLC7 1,713 + 1 + 15

Items in process of collection (0) 240 + 11 + 183

Bank premises 2,214 + 2 - 27

Central bank liquidity swaps8 185 - 2,035 - 474

Foreign currency denominated assets9 20,789 - 329 + 1,375

Other assets10 30,488 - 398 - 1,630

Total assets (0) 4,480,973 + 8,771 - 19,530

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

Jul 20, 2016 Jul 13, 2016 Jul 22, 2015

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,416,605 - 1,990 + 90,891

Reverse repurchase agreements11 328,316 + 28,840 + 62,121

Deposits (0) 2,688,247 - 18,407 - 155,286

Term deposits held by depository institutions 0 0 0

Other deposits held by depository institutions 2,318,251 - 9,050 - 327,206

U.S. Treasury, General Account 327,138 + 19,431 + 143,935

Foreign official 5,219 + 23 - 24

Other12 (0) 37,639 - 28,811 + 28,009

Deferred availability cash items (0) 382 - 258 - 49

Other liabilities and accrued dividends13 7,332 + 601 + 998

Total liabilities (0) 4,440,881 + 8,786 - 1,326

Capital accounts

Capital paid in 30,092 - 15 + 944

Surplus 10,000 0 - 19,148

Other capital accounts 0 0 0

Total capital 40,092 - 15 - 18,204

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, July 20, 2016

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 1,896 45 66 148 139 300 195 277 31 56 132 189 319

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,407,211 108,259 2,507,885 119,660 131,983 269,329 246,664 175,621 55,681 32,572 61,344 156,872 541,341

Securities held outright1 4,242,398 104,216 2,414,209 115,190 127,053 259,269 237,444 169,038 53,542 31,277 59,043 151,007 521,110

U.S. Treasury securities 2,462,652 60,496 1,401,414 66,866 73,752 150,502 137,833 98,124 31,081 18,156 34,274 87,657 302,497

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

Notes and bonds3 2,462,652 60,496 1,401,414 66,866 73,752 150,502 137,833 98,124 31,081 18,156 34,274 87,657 302,497

Federal agency debt securities2 22,492 553 12,799 611 674 1,375 1,259 896 284 166 313 801 2,763

Mortgage-backed securities4 1,757,254 43,167 999,996 47,713 52,627 107,392 98,352 70,018 22,178 12,955 24,456 62,549 215,850

Unamortized premiums on securities 

held outright5 180,399 4,432 102,659 4,898 5,403 11,025 10,097 7,188 2,277 1,330 2,511 6,421 22,159

Unamortized discounts on securities 

held outright5 -15,786 -388 -8,983 -429 -473 -965 -884 -629 -199 -116 -220 -562 -1,939

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

Loans 200 0 0 0 0 0 7 24 61 82 10 5 11

Net portfolio holdings of Maiden

Lane LLC7 1,713 0 1,713 0 0 0 0 0 0 0 0 0 0

Items in process of collection 240 0 0 0 0 0 239 0 0 1 0 0 0

Bank premises 2,214 120 429 73 106 207 208 202 115 90 241 225 197

Central bank liquidity swaps8 185 8 61 10 14 41 10 5 2 1 2 2 28

Foreign currency denominated

assets9 20,789 919 6,861 1,144 1,583 4,636 1,154 557 213 89 208 264 3,162

Other assets10 30,488 789 16,856 833 918 2,043 1,715 1,226 463 251 478 1,158 3,757

Interdistrict settlement account 0 - 27,804 + 38,832 - 20,278 - 9,214 - 28,151 + 5,138 + 3,896 + 190 - 222 - 1,618 + 10,463 + 28,768

Total assets 4,480,973 82,887 2,578,109 102,159 126,352 249,578 257,519 182,960 57,206 33,120 61,236 170,329 579,518

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, July 20, 2016 (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 1,597,508 49,865 516,041 49,830 81,660 111,914 222,067 106,326 50,397 27,766 41,287 133,044 207,309

Less: Notes held by F.R. Banks 180,904 5,754 55,734 6,033 8,961 13,183 26,951 11,347 5,206 2,776 4,916 15,168 24,873

Federal Reserve notes, net 1,416,605 44,111 460,307 43,796 72,699 98,731 195,116 94,979 45,191 24,991 36,371 117,876 182,436

Reverse repurchase agreements11 328,316 8,065 186,834 8,914 9,832 20,065 18,376 13,082 4,144 2,421 4,569 11,686 40,328

Deposits 2,688,247 28,756 1,914,034 47,041 40,535 121,393 41,100 73,057 7,288 5,244 19,751 39,952 350,095

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 2,318,251 28,748 1,551,156 47,038 40,532 121,271 41,091 66,104 7,280 5,243 19,750 39,951 350,086

U.S. Treasury, General Account 327,138 0 327,138 0 0 0 0 0 0 0 0 0 0

Foreign official 5,219 2 5,193 2 3 9 2 1 0 0 0 1 6

Other12 37,639 7 30,547 1 0 112 7 6,952 8 0 1 0 3

Deferred availability cash items 382 0 0 0 0 0 241 0 0 141 0 0 0

Earnings remittances due to the U.S.

Treasury13 1,066 17 710 17 15 -4 69 40 14 11 11 51 114

Other liabilities and accrued

dividends 6,266 191 3,072 228 233 584 398 313 150 143 141 256 555

Total liabilities 4,440,881 81,141 2,564,957 99,998 123,315 240,769 255,300 181,471 56,788 32,950 60,844 169,822 573,528

Capital

Capital paid in 30,092 1,305 9,853 1,611 2,276 6,579 1,664 1,221 316 128 292 380 4,469

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 4,480,973 82,887 2,578,109 102,159 126,352 249,578 257,519 182,960 57,206 33,120 61,236 170,329 579,518

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, July 20, 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).
H.4.1

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

Millions of dollars

Wednesday Federal Reserve notes and collateral Jul 20, 2016

Federal Reserve notes outstanding 1,597,508

Less: Notes held by F.R. Banks not subject to collateralization 180,904

Federal Reserve notes to be collateralized 1,416,605

Collateral held against Federal Reserve notes 1,416,605

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,400,368

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 4,242,398

Less: Face value of securities under reverse repurchase agreements 301,769

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,940,630

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.