Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 2,241,457 + 123,701 +1,377,632 2,245,083

Securities held outright 489,392 + 947 - 285,336 492,058

U.S. Treasury1 476,286 - 103 - 298,442 476,246

Bills2 18,423 0 - 243,596 18,423

Notes and bonds, nominal2 410,491 0 - 60,493 410,491

Notes and bonds, inflation-indexed2 41,071 0 + 4,160 41,071

Inflation compensation3 6,300 - 103 + 1,486 6,261

Federal agency2 13,106 + 1,049 + 13,106 15,812

Repurchase agreements4 80,000 0 + 34,357 80,000

Term auction credit 447,959 + 41,451 + 447,959 447,959

Other loans 240,590 - 14,983 + 237,543 233,115

Primary credit 90,161 - 172 + 87,152 89,952

Secondary credit 78 - 80 + 75 0

Seasonal credit 2 - 2 - 34 2

Primary dealer and other broker-dealer credit5 52,802 - 4,396 + 52,802 51,594

Asset-backed commercial paper money

market mutual fund liquidity facility 40,826 - 11,110 + 40,826 34,425

Credit extended to American International

Group, Inc.6 56,723 + 779 + 56,723 57,143

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC7 308,518 + 10,942 + 308,518 312,414

Net portfolio holdings of LLCs funded through the

money market investor funding facility7 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 27,054 + 60 + 27,054 26,889

Net portfolio holdings of Maiden Lane III LLC7 20,957 - 196 + 20,957 19,600

Float -1,042 - 75 - 260 -1,315

Other Federal Reserve assets 628,030 + 85,556 + 586,841 634,363

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding8 38,815 + 14 + 71 38,815

Total factors supplying reserve funds 2,293,513 + 123,715 +1,377,703 2,297,139

FEDERAL RESERVE statistical release

 December 11, 2008

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Note: Components may not sum to totals because of rounding. Footnotes appear on the following page.

Change from week ended Wednesday

 Dec 10, 2008 Week ended

 Dec 10, 2008 Dec 3, 2008 Dec 12, 2007
Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Currency in circulation8 871,957 - 583 + 53,697 874,495

Reverse repurchase agreements9 91,954 - 4,771 + 53,982 92,092

Foreign official and international accounts 66,954 - 4,771 + 28,982 67,092

Dealers 25,000 0 + 25,000 25,000

Treasury cash holdings 241 0 - 15 226

Deposits with F.R. Banks, other than reserve balances 493,527 - 19,369 + 481,772 494,399

U.S. Treasury, general account 49,529 - 11,520 + 44,698 41,646

U.S. Treasury, supplementary financing account 404,123 - 36,405 + 404,123 404,123

Foreign official 188 - 2 + 91 188

Service-related 4,593 - 367 - 1,959 4,593

Required clearing balances 4,592 - 365 - 1,947 4,592

Adjustments to compensate for float 1 - 2 - 12 1

Other 35,095 + 28,927 + 34,820 43,850

Other liabilities and capital10 58,207 + 4,688 + 15,143 62,710

Total factors, other than reserve balances,

absorbing reserve funds 1,515,885 - 20,036 + 604,579 1,523,923

Reserve balances with Federal Reserve Banks 777,628 + 143,751 + 773,124 773,216

H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions, continued

Millions of dollars

Averages of daily figures

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. Cash value of agreements.

5. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain other broker-dealers.

6. Excludes credit extended to consolidated LLCs.

7. Refer to table 3 through table 6 and the note on consolidation accompanying table 8.

8. Estimated.

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

10. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility,

Maiden Lane 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 3 through table 6 and the note on consolidation accompanying table 8.

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

Change from week ended Wednesday

 Dec 10, 2008 Week ended

 Dec 10, 2008 Dec 3, 2008 Dec 12, 2007
Marketable securities held in custody for foreign

 official and international accounts1 2,493,778 - 1,020 + 453,475 2,491,435

U.S. Treasury 1,634,946 + 8,236 + 406,332 1,642,928

Federal agency 858,833 - 9,255 + 47,145 848,507

Securities lent to dealers 189,966 - 7,113 + 182,047 190,536

Overnight facility2 4,820 - 1,367 - 3,099 5,390

Term facility3,4 185,146 - 5,746 + 185,146 185,146

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Week ended

 Dec 10, 2008

Change from week ended Wednesday

 Dec 10, 2008

 Dec 3, 2008 Dec 12, 2007

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

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value.

2. Fully collateralized by U.S. Treasury securities.

3. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities.

4. On December 10, 2008, option contracts on draws on the Term Securities Lending Facility totaling $ 49,999 million were outstanding. The

exercise date for the options is December 22, 2008, and the draws have a term of December 23, 2008 through January 5, 2009.

Memorandum item

H.4.1

91 days to

1 year

2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, December 10, 2008

Millions of dollars

Within 15 days Over 1 year

to 5 years

16 days to

 90 days

All

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, 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. 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.

3. Face value of commercial paper held by Commercial Paper Funding Facility LLC.

4. Face value of money market instruments held by LLCs funded through the Money Market Investor Funding Facility.

5. Cash value of agreements.

Remaining maturity Over 5 years

to 10 years

Over 10

years

Term auction credit

Other loans1

U.S. Treasury securities2

Holdings

Weekly changes

Federal agency securities

Holdings

Weekly changes

Commercial paper held by

Commercial Paper Funding

Facility LLC3

Money market instruments held by

LLCs funded through the

money market investor

funding facility4

Repurchase agreements5

Reverse repurchase agreements5

 104,458

 160,791

 9,678

- 6,285

 4,965

+ 3,014

 0

 0

 40,000

 92,092

...

 1,392

 65,200

 0

 2,524

+ 30

 0

 0

...

...

...

 36,643

 171,667

- 34

 4,970

+ 4,970

...

...

...

...

 343,501

 34,289

 30,820

+ 6,278

 3,353

- 3,774

 313,152

 0

 40,000

 0

...

...

 96,916

- 24

 0

 0

...

...

...

...

...

...

 101,964

- 43

 0

 0

...

...

...

...

 447,959

 233,115

 476,246

- 108

 15,812

+ 4,240

 313,152

 0

 80,000

 92,092
Wednesday

 Dec 10, 2008

3. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Net portfolio holdings of Maiden Lane LLC1

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

Accrued interest payable to the Federal Reserve Bank of New York2

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3

 26,889

 28,820

 256

 1,184

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 September 30, 2008.

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 8.

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 7 and table 8.

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.

Account name

H.4.1

Wednesday

 Dec 10, 2008

5. Information on Principal Accounts of Commercial Paper Funding Facility LLC

Millions of dollars

Commercial paper holdings, net1

Other investments, net

Net portfolio holdings of Commercial Paper Funding Facility LLC

Memorandum: Commercial paper holdings, face value

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

Accrued interest payable to the Federal Reserve Bank of New York2

 311,124

 1,290

 312,414

 313,152

 311,294

 396

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 8.

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. dollardenominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and increase the availability of credit

for businesses and households.

Account name

Wednesday

 Dec 10, 2008

4. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Net portfolio holdings of Maiden Lane III LLC1

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

Accrued interest payable to the Federal Reserve Bank of New York2

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3

 19,600

 15,134

 16

 5,010

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 November 25, 2008.

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 8.

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 7 and table 8.

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 the 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.

Account name
Wednesday

 Dec 10, 2008

6. Information on Principal Accounts of LLCs Funded through the Money Market Investor

 Funding Facility

Millions of dollars

Money market instrument holdings, net1

Other investments, net

Net portfolio holdings of LLCs funded through the money market investor funding facility

Memorandum: Money market instrument holdings, face value

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

Accrued interest payable to the Federal Reserve Bank of New York2

Commercial paper issued by LLCs funded through the money market investor funding facility, net of related discounts

 0

 0

 0

 0

 0

 0

 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 8.

Note: On November 24, 2008, 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.

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.

Account name

H.4.1
Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 2,200 0 0

Coin 1,661 + 21 + 452

Securities, repurchase agreements, term auction

credit, and other loans 1,253,132 + 29,946 + 426,100

Securities held outright 492,058 + 4,132 - 282,677

U.S. Treasury1 476,246 - 108 - 298,489

Bills2 18,423 0 - 243,596

Notes and bonds, nominal2 410,491 0 - 60,493

Notes and bonds, inflation-indexed2 41,071 0 + 4,160

Inflation compensation3 6,261 - 108 + 1,440

Federal agency2 15,812 + 4,240 + 15,812

Repurchase agreements4 80,000 0 + 32,250

Term auction credit 447,959 + 41,451 + 447,959

Other loans 233,115 - 15,636 + 228,568

Net portfolio holdings of Commercial Paper Funding

Facility LLC5 312,414 + 8,534 + 312,414

Net portfolio holdings of LLCs funded through the

money market investor funding facility5 0 0 0

Net portfolio holdings of Maiden Lane LLC5 26,889 - 193 + 26,889

Net portfolio holdings of Maiden Lane III LLC5 19,600 - 1,583 + 19,600

Items in process of collection (445) 1,010 - 502 - 1,403

Bank premises 2,176 + 1 + 56

Other assets6 632,220 + 87,656 + 593,133

Total assets (445) 2,262,339 + 123,881 +1,377,242

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 837,563 + 1,734 + 55,050

Reverse repurchase agreements7 92,092 + 98 + 54,328

Deposits (0) 1,267,649 + 112,602 +1,249,038

Depository institutions 777,842 + 122,663 + 763,953

U.S. Treasury, general account 41,646 - 15,699 + 37,313

U.S. Treasury, supplementary financing account 404,123 - 29,984 + 404,123

Foreign official 188 + 2 + 91

Other (0) 43,850 + 35,620 + 43,558

Deferred availability cash items (445) 2,325 - 104 - 1,060

Other liabilities and accrued dividends8,9 19,444 + 9,100 + 13,497

Total liabilities (445) 2,219,073 + 123,431 +1,370,853

Capital accounts

Capital paid in 21,009 + 147 + 2,727

Surplus 17,180 + 5 + 1,719

Other capital accounts 5,077 + 298 + 1,944

Total capital 43,267 + 452 + 6,390

H.4.1

7. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Dec 12, 2007

Eliminations from

consolidation Wednesday

 Dec 10, 2008

Wednesday

 Dec 3, 2008

Assets, liabilities, and capital

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

5. Refer to table 3 through table 6 and the note on consolidation accompanying table 8.

6. Includes assets denominated in foreign currencies and any exchange-translation assets, which are revalued daily at market exchangerates.

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

8. Includes any exchange-translation liabilities, which are revalued daily at market exchange rates.

9. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility,

Maiden Lane 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 3 through table 6 and the notes on consolidation accompanying table 8.
    16, 9, 8,  8,  1, 5,        12, - 9, 18,

 344 71 47 23,757 17,004 16,457 637 15,821 546 2,765 3,888 101 0 0 0 0 26 130 6,483 + 1,469 32,327

 913 212 193 56,802 43,429 42,033 1,626 40,407 1,396 7,061 4,869 1,444 0 0 0 0 217 206 28,515 + 32,271 119,329

 1,221 166 212 78,052 48,959 47,386 1,833 45,553 1,573 7,960 20,791 343 0 0 0 0 298 225 48,902 + 3,639 132,715

 891 147 230 147,407 44,619 43,185 1,671 41,515 1,434 7,254 95,070 463 0 0 0 0 73 223 168,652 - 195,205 122,417

 423 104 132 38,654 18,659 18,059 699 17,360 600 3,034 16,958 4 0 0 0 0 202 150 43,759 + 677 84,102

 424 115 59 78,590 20,639 19,976 773 19,203 663 3,356 20,050 34,546 0 0 0 0 60 123 35,850 - 14,059 101,162

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

auction credit, and other loans

Securities held outright

U.S. Treasury1

Bills2Notes and bonds3

Federal agency2

Repurchase agreements4Term auction creditOther loans

Net portfolio holdings of Commercial

Paper Funding Facility LLC5

Net portfolio holdings of LLCs funded

through the money market investorfunding facility5

Net portfolio holdings of Maiden

Lane LLC5

Net portfolio holdings of Maiden

Lane III LLC5

Items in process of collectionBank premisesOther assets6Interdistrict settlement account

Total assets

 11,037 2,200 1,661 1,253,132 492,058 476,246 18,423 457,823 15,812 80,000 447,959 233,115 312,414 0 26,889 19,600 1,455 2,176 632,220 0 2,262,784

 453 83 129 56,355 21,484 20,794 804 19,989 690 3,493 31,300 78 0 0 0 0 202 64 61,342 - 66,692 51,936

 3,935 874 76 579,038 175,071 169,445 6,555 162,891 5,626 28,464 187,257 188,247 312,414 0 26,889 19,600 0 209 160,105 + 201,772 1,304,912

H.4.18. Statement of Condition of Each Federal Reserve Bank, December 10, 2008Millions of dollars

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

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. 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 s4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5. Refer to table 3 through table 6 and the note on consolidation on the following page.6. Includes assets denominated in foreign currencies and any exchange-translation assets, which are revalued daily at market exchange rates.7. Cash value of agreements, which are collateralized by U.S. Treasury securities.8. Includes any exchange-translation liabilities, which are revalued daily at market exchange rates.9. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, an

than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 3 through tathe following page.

Assets, liabilities, and capital
Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

LiabilitiesFederal Reserve notes outstanding

Less: Notes held by F.R. Banks

Federal Reserve notes, net

Reverse repurchase agreements7

Deposits

Depository institutionsU.S. Treasury, general accountU.S. Treasury, supplementary financing accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends8,9

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

Note: Components may not sum to totals because of rounding. Footnotes appear on the previous page.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 Federawas 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 Commwas formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On November 24, 2008, the Federal Reserve Board authorizeof LLCs funded through the Money Market Investor Funding Facility, which were established to purchase short-term U.S. dollar-denominated certificates of deposit, 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 American International Group, Inc. has written credit default swap contracts.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 aassets 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 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 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 tabH.4.18. Statement of Condition of Each Federal Reserve Bank, December 10, 2008 (continued)Millions of dollars

Assets, liabilities, and capital

 38,750 5,913 32,837 3,863 62,313 62,293 0 0 2 18 74 173 99,259 784 1,049 70 101,162

 1,017,536 179,973 837,563 92,092 1,267,649 777,842 41,646 404,123 188 43,850 2,770 19,444 2,219,518 21,009 17,180 5,077 2,262,784

 354,579 49,032 305,548 32,766 938,519 448,856 41,646 404,123 158 43,736 0 16,602 1,293,435 5,602 3,343 2,532 1,304,912

 41,789 5,715 36,074 4,021 6,453 6,449 0 0 4 0 459 224 47,230 2,315 1,815 576 51,936

 46,969 7,581 39,388 3,492 37,422 37,418 0 0 3 1 428 216 80,945 1,552 1,291 314 84,102

 81,683 11,952 69,731 8,351 31,593 31,503 0 0 11 80 179 588 110,443 5,978 4,999 997 122,417

 124,494 25,792 98,702 9,163 21,002 20,998 0 0 3 0 174 384 129,425 1,614 1,426 250 132,715

 83,774 13,821 69,953 8,128 39,077 39,075 0 0 2 0 291 311 117,761 703 816 49 119,329

 29,603 3,638 25,964 3,182 2,563 2,550 0 0 0 12 26 157 31,893 210 180 44 32,327

 17,6 2,9 14,7 1,7 1,4 1,4     1 1 18,1 3 3  18,8
H.4.1

Federal Reserve notes outstanding

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

Federal Reserve notes to be collateralized

Collateral held against Federal Reserve notes

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

Memo:Total U.S. Treasury and agency securities1

Less: Face value of securities under reverse repurchase agreements

U.S. Treasury and agency securities eligible to be pledged

9. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' AccountsMillions of dollars

Federal Reserve notes and collateral Wednesday

 Dec 10, 2008

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

adjust for the effect of inflation on the original face value of inflation-indexed securities, andcash value of repurchase agreements.

 1,017,536 179,973 837,563 837,563 11,037 2,200 487,945 336,381 572,058 84,113 487,945