FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks October 29, 2015

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

Oct 28, 2015 Oct 21, 2015 Oct 29, 2014

Wednesday

Oct 28, 2015

Reserve Bank credit 4,458,309 + 931 + 7,389 4,450,808

Securities held outright1 4,246,473 + 323 + 22,553 4,240,037

U.S. Treasury securities 2,461,813 - 37 + 1,095 2,461,800

Bills2 0 0 0 0

Notes and bonds, nominal2 2,346,639 0 + 804 2,346,639

Notes and bonds, inflation-indexed2 98,534 0 + 65 98,534

Inflation compensation3 16,640 - 37 + 226 16,626

Federal agency debt securities2 34,146 0 - 5,554 34,146

Mortgage-backed securities4 1,750,513 + 360 + 27,011 1,744,091

Unamortized premiums on securities held outright5 192,765 - 317 - 16,646 192,433

Unamortized discounts on securities held outright5 -16,884 + 37 + 1,821 -16,871

Repurchase agreements6 0 0 0 0

Loans 179 - 15 - 39 167

Primary credit 2 - 4 - 10 0

Secondary credit 0 0 0 0

Seasonal credit 177 - 12 - 17 166

Term Asset-Backed Securities Loan Facility7 0 0 - 12 0

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC8 1,706 + 1 + 34 1,716

Net portfolio holdings of TALF LLC9 0 0 - 24 0

Float 219 - 56 + 731 -113

Central bank liquidity swaps10 140 0 + 140 140

Other Federal Reserve assets11 33,711 + 958 - 1,180 33,298

Foreign currency denominated assets12 19,805 - 427 - 2,676 19,839

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding13 47,334 + 14 + 1,106 47,334

Total factors supplying reserve funds 4,541,689 + 518 + 5,819 4,534,221

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

Oct 28, 2015 Oct 21, 2015 Oct 29, 2014

Wednesday

Oct 28, 2015

Currency in circulation13 1,392,478 + 951 + 95,272 1,394,954

Reverse repurchase agreements14 325,953 + 21,298 + 106,801 344,810

Foreign official and international accounts 187,287 + 11,898 + 84,881 189,494

Others 138,665 + 9,400 + 21,919 155,316

Treasury cash holdings 226 + 33 + 28 238

Deposits with F.R. Banks, other than reserve balances 99,495 + 14,695 - 225,712 60,961

Term deposits held by depository institutions 0 0 - 171,861 0

U.S. Treasury, General Account 47,100 - 13,303 - 71,324 35,586

Foreign official 5,261 - 189 - 3 5,273

Other15 47,134 + 28,187 + 17,475 20,102

Other liabilities and capital16 65,777 - 912 + 1,479 65,070

Total factors, other than reserve balances,

absorbing reserve funds 1,883,928 + 36,064 - 22,134 1,866,034

Reserve balances with Federal Reserve Banks 2,657,762 - 35,544 + 27,953 2,668,187

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. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

8. Refer to table 4 and the note on consolidation accompanying table 6.

9. Refer to the note on consolidation accompanying table 6.

10. 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.

11. 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.

12. Revalued daily at current foreign currency exchange rates.

13. Estimated.

14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

15. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated

financial market utilities.

16. Includes the liability for interest on Federal Reserve notes due to 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

Oct 28, 2015 Oct 21, 2015 Oct 29, 2014

Wednesday

Oct 28, 2015

Securities held in custody for foreign official and international

accounts 3,292,359 - 9,093 + 896 3,287,864

Marketable U.S. Treasury securities1 2,970,314 - 6,574 + 6,770 2,966,612

Federal agency debt and mortgage-backed securities2 276,091 - 2,558 - 9,987 275,260

Other securities3 45,954 + 39 + 4,113 45,991

Securities lent to dealers 16,437 + 661 + 6,334 13,897

Overnight facility4 16,437 + 661 + 6,334 13,897

U.S. Treasury securities 16,376 + 646 + 6,954 13,848

Federal agency debt securities 61 + 14 - 620 49

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, October 28, 2015

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 142 24 0 0 0 ... 167

U.S. Treasury securities1

Holdings 0 327 173,783 1,135,709 514,037 637,943 2,461,800

Weekly changes 0 0 - 1 - 6 - 6 - 25 - 37

Federal agency debt securities2

Holdings 0 2,828 12,825 16,146 0 2,347 34,146

Weekly changes 0 0 0 0 0 0 0

Mortgage-backed securities3

Holdings 0 0 0 269 9,374 1,734,448 1,744,091

Weekly changes 0 0 0 - 8 - 236 - 10,862 - 11,106

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

Central bank liquidity swaps5 140 0 0 0 0 0 140

Reverse repurchase agreements4 344,810 0 ... ... ... ... 344,810

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 Oct 28, 2015

Mortgage-backed securities held outright1 1,744,091

Commitments to buy mortgage-backed securities2 22,795

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 39

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 Oct 28, 2015

Net portfolio holdings of Maiden Lane LLC1 1,716

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 September 30, 2015. 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

Oct 28, 2015 Oct 21, 2015 Oct 29, 2014

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,884 - 9 - 30

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,415,767 - 11,835 + 5,947

Securities held outright1 4,240,037 - 11,143 + 20,869

U.S. Treasury securities 2,461,800 - 37 + 220

Bills2 0 0 0

Notes and bonds, nominal2 2,346,639 0 - 75

Notes and bonds, inflation-indexed2 98,534 0 + 65

Inflation compensation3 16,626 - 37 + 228

Federal agency debt securities2 34,146 0 - 5,554

Mortgage-backed securities4 1,744,091 - 11,106 + 26,203

Unamortized premiums on securities held outright5 192,433 - 710 - 16,707

Unamortized discounts on securities held outright5 -16,871 + 36 + 1,823

Repurchase agreements6 0 0 0

Loans 167 - 20 - 39

Net portfolio holdings of Maiden Lane LLC7 1,716 + 11 + 37

Net portfolio holdings of TALF LLC8 0 0 - 24

Items in process of collection (0) 459 - 109 + 388

Bank premises 2,236 + 1 - 32

Central bank liquidity swaps9 140 0 + 140

Foreign currency denominated assets10 19,839 - 346 - 2,703

Other assets11 31,062 + 255 - 1,137

Total assets (0) 4,489,339 - 12,033 + 2,585

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

Oct 28, 2015 Oct 21, 2015 Oct 29, 2014

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,349,738 + 2,728 + 94,668

Reverse repurchase agreements12 344,810 + 13,511 + 108,121

Deposits (0) 2,729,149 - 27,570 - 202,154

Term deposits held by depository institutions 0 0 - 171,860

Other deposits held by depository institutions 2,668,187 - 7,401 + 40,914

U.S. Treasury, General Account 35,586 - 21,500 - 83,074

Foreign official 5,273 + 15 + 20

Other13 (0) 20,102 + 1,316 + 11,845

Deferred availability cash items (0) 571 + 205 - 47

Other liabilities and accrued dividends14 6,474 - 906 - 144

Total liabilities (0) 4,430,742 - 12,032 + 445

Capital accounts

Capital paid in 29,298 - 1 + 1,070

Surplus 29,298 - 1 + 1,070

Other capital accounts 0 0 0

Total capital 58,597 - 1 + 2,140

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. Refer to the note on consolidation accompanying table 6.

9. 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.

10. Revalued daily at current foreign currency exchange rates.

11. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

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.

14. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, October 28, 2015

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 11,037 347 3,709 340 505 783 1,600 734 299 171 288 891 1,370

Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574

Coin 1,884 49 68 131 129 302 195 272 29 41 152 195 321

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,415,767 111,933 2,650,738 109,823 106,162 239,827 248,680 164,062 46,061 26,960 57,371 142,247 511,903

Securities held outright1 4,240,037 107,483 2,545,345 105,457 101,941 230,292 238,765 157,536 44,217 25,786 55,080 136,585 491,550

U.S. Treasury securities 2,461,800 62,405 1,477,848 61,229 59,188 133,709 138,629 91,467 25,673 14,972 31,980 79,303 285,398

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

Notes and bonds3 2,461,800 62,405 1,477,848 61,229 59,188 133,709 138,629 91,467 25,673 14,972 31,980 79,303 285,398

Federal agency debt securities2 34,146 866 20,498 849 821 1,855 1,923 1,269 356 208 444 1,100 3,959

Mortgage-backed securities4 1,744,091 44,212 1,046,999 43,378 41,932 94,728 98,213 64,801 18,188 10,607 22,657 56,183 202,193

Unamortized premiums on securities 

held outright5 192,433 4,878 115,520 4,786 4,627 10,452 10,836 7,150 2,007 1,170 2,500 6,199 22,309

Unamortized discounts on securities 

held outright5 -16,871 -428 -10,128 -420 -406 -916 -950 -627 -176 -103 -219 -543 -1,956

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

Loans 167 0 0 0 0 0 29 3 13 106 10 6 0

Net portfolio holdings of Maiden

Lane LLC7 1,716 0 1,716 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of TALF LLC8 0 0 0 0 0 0 0 0 0 0 0 0 0

Items in process of collection 459 0 0 0 0 0 458 0 0 0 0 0 0

Bank premises 2,236 126 439 74 106 213 208 205 118 93 238 221 196

Central bank liquidity swaps9 140 6 45 8 11 32 8 4 1 1 1 2 21

Foreign currency denominated

assets10 19,839 899 6,396 1,108 1,546 4,552 1,129 533 185 83 209 286 2,913

Other assets11 31,062 828 18,152 782 757 1,839 1,758 1,165 397 217 448 1,114 3,607

Interdistrict settlement account 0 - 7,961 - 139,308 + 5,595 + 23,037 + 45,349 - 123 + 19,010 + 12,123 + 5,313 + 2,146 + 10,252 + 24,567

Total assets 4,489,339 106,423 2,543,773 118,072 132,490 293,308 254,566 186,408 59,364 32,969 61,005 155,489 545,471

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, October 28, 2015 (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 1,535,449 48,912 500,666 49,993 83,691 107,501 216,590 104,465 52,294 27,058 41,137 117,634 185,509

Less: Notes held by F.R. Banks 185,711 6,132 61,069 6,851 9,871 12,874 23,477 11,313 4,884 3,147 4,841 14,307 26,943

Federal Reserve notes, net 1,349,738 42,780 439,597 43,141 73,820 94,627 193,113 93,152 47,409 23,911 36,296 103,327 158,566

Reverse repurchase agreements12 344,810 8,741 206,994 8,576 8,290 18,728 19,417 12,811 3,596 2,097 4,479 11,107 39,974

Deposits 2,729,149 52,094 1,874,770 62,888 45,643 166,185 38,074 78,550 7,638 6,220 19,474 39,947 337,666

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 2,668,187 52,063 1,822,480 62,886 45,640 165,912 38,065 70,252 7,597 6,220 19,472 39,943 337,657

U.S. Treasury, General Account 35,586 0 35,586 0 0 0 0 0 0 0 0 0 0

Foreign official 5,273 2 5,246 2 3 9 2 1 0 0 0 1 6

Other13 20,102 29 11,458 0 0 264 7 8,297 40 0 1 4 2

Deferred availability cash items 571 0 0 0 0 0 229 0 0 343 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury14 1,444 27 985 23 13 15 87 49 12 9 18 54 153

Other liabilities and accrued

dividends 5,029 178 2,215 211 231 599 349 268 122 138 127 187 405

Total liabilities 4,430,742 103,819 2,524,560 114,839 127,997 280,154 251,268 184,830 58,777 32,718 60,394 154,622 536,764

Capital

Capital paid in 29,298 1,302 9,606 1,617 2,246 6,577 1,649 789 294 126 305 433 4,353

Surplus 29,298 1,302 9,606 1,617 2,246 6,577 1,649 789 294 126 305 433 4,353

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

Total liabilities and capital 4,489,339 106,423 2,543,773 118,072 132,490 293,308 254,566 186,408 59,364 32,969 61,005 155,489 545,471

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, October 28, 2015 (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. Refer to the note on consolidation below.

9. 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.

10. Revalued daily at current foreign currency exchange rates.

11. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

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.

14. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank’s net earnings are not sufficient to equate surplus

to capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the

Federal Reserve Bank’s earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy,

which requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends,

and the amount necessary to equate surplus with capital paid-in.

Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) 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 (ML), which 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. On November 25,

2008, the Federal Reserve Board authorized FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by FRBNY in connection with

the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility. On January 15, 2013 FRBNY’s commitment to extend credit to TALF LLC was

eliminated.

FRBNY was the primary beneficiary of ML because it received a majority of the residual returns and could have absorbed a majority of any residual losses should they have occurred. FRBNY was the primary

beneficiary of TALF LLC, because of the two beneficiaries of TALF LLC, FRBNY and the U.S. Treasury, FRBNY was primarily responsible for directing the financial activities of TALF LLC. Consistent with

generally accepted accounting principles, the assets and liabilities of these LLCs 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 extensions of credit from FRBNY to the LLCs were eliminated, the net assets of the LLCs appeared as assets on the previous page (and in table 1 and table

5), and the liabilities of the LLCs to entities other than FRBNY, including those with recourse only to the portfolio holdings of the LLCs, 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 Oct 28, 2015

Federal Reserve notes outstanding 1,535,449

Less: Notes held by F.R. Banks not subject to collateralization 185,711

Federal Reserve notes to be collateralized 1,349,738

Collateral held against Federal Reserve notes 1,349,738

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,333,502

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 4,240,037

Less: Face value of securities under reverse repurchase agreements 325,798

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,914,240

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.