FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                 October 12, 2017


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Oct 11, 2017 
Federal Reserve Banks                                     Oct 11, 2017  Oct 4, 2017 Oct 12, 2016              

Reserve Bank credit                                         4,418,937   -    1,180   +    1,516    4,419,638  
  Securities held outright (1)                              4,240,445   +       93   +   19,587    4,240,471  
    U.S. Treasury securities                                2,465,528   +       93   +    2,039    2,465,554  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,337,326            0   -    3,650    2,337,326  
      Notes and bonds, inflation-indexed (2)                  109,412            0   +    4,188      109,412  
      Inflation compensation (3)                               18,789   +       92   +    1,500       18,816  
    Federal agency debt securities (2)                          6,757            0   -   13,735        6,757  
    Mortgage-backed securities (4)                          1,768,160            0   +   31,283    1,768,160  
  Unamortized premiums on securities held outright (5)        162,114   -      280   -   14,409      162,046  
  Unamortized discounts on securities held outright (5)       -14,412   +       25   +    1,014      -14,403  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           179   -       13   +        9          158  
    Primary credit                                                  3            0   -        3            0  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               175   -       14   +       10          158  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,707            0   -        1        1,706  
  Float                                                          -318   +      350   +       35         -350  
  Central bank liquidity swaps (8)                                 36   -    3,584   -    3,184           36  
  Other Federal Reserve assets (9)                             29,187   +    2,231   -    1,534       29,974  
Foreign currency denominated assets (10)                       21,125   -       40   -       40       21,243  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             49,174   +       14   +      788       49,174  
                                                                                                              
Total factors supplying reserve funds                       4,505,476   -    1,207   +    2,263    4,506,295  

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         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Oct 11, 2017 
Federal Reserve Banks                                     Oct 11, 2017  Oct 4, 2017 Oct 12, 2016              

Currency in circulation (11)                                 1,584,750   +    4,411   +  106,452    1,585,496 
Reverse repurchase agreements (12)                             352,914   -  128,851   -   96,536      360,275 
  Foreign official and international accounts                  229,676   -    8,099   -      903      230,470 
  Others                                                       123,237   -  120,752   -   95,634      129,805 
Treasury cash holdings                                             205   +        7   +       49          213 
Deposits with F.R. Banks, other than reserve balances          254,273   +    6,279   -  143,493      244,159 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               169,766   +    9,333   -  186,419      155,307 
  Foreign official                                               5,166            0   -        6        5,166 
  Other (13)                                                    79,341   -    3,055   +   42,933       83,687 
Other liabilities and capital (14)                              48,836   +    1,664   +    1,058       48,413 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,240,978   -  116,490   -  132,469    2,238,556 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,264,498   +  115,283   +  134,732    2,267,739 

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 securities, Federal agency debt
    securities, and 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.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Oct 11, 2017 
                                                          Oct 11, 2017  Oct 4, 2017 Oct 12, 2016              

Securities held in custody for foreign official and       
     international accounts                                  3,360,480   -    5,671   +  214,348    3,366,980 
  Marketable U.S. Treasury securities (1)                    3,033,133   -    6,594   +  208,263    3,039,389 
  Federal agency debt and mortgage-backed securities (2)       263,051   +       66   +    1,804      263,135 
  Other securities (3)                                          64,296   +      857   +    4,281       64,456 
Securities lent to dealers                                      24,733   +      514   -    2,303       26,371 
  Overnight facility (4)                                        24,733   +      514   -    2,303       26,371 
    U.S. Treasury securities                                    24,733   +      514   -    2,261       26,371 
    Federal agency debt securities                                   0            0   -       42            0 

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 11, 2017    

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                           12           146             0             0             0           ...           158 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0        45,116       324,884     1,133,408       328,902       633,243     2,465,554 
  Weekly changes                                 0             0    +        3    +       13    +       20    +       51    +       87 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         2,366         1,982            62             0         2,347         6,757 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             1           121        17,465     1,750,572     1,768,160 
  Weekly changes                                 0             0             0             0             0             0             0 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)                36             0             0             0             0             0            36 
                                                                                                                                       
Reverse repurchase agreements (4)          360,275             0           ...           ...           ...           ...       360,275 
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.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Oct 11, 2017  

Mortgage-backed securities held outright (1)                                                                             1,768,160  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           35,267  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    5  



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
Account name                                                                                                            Wednesday   
                                                                                                                      Oct 11, 2017  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,706  
                                                                                                                                    
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  
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 June 30, 2017. 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.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Oct 11, 2017   Wednesday    Wednesday  
                                                        consolidation                 Oct 4, 2017 Oct 12, 2016 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,855   -        5   -       46  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,388,272   -      135   +    6,239  
    Securities held outright (1)                                          4,240,471   +       87   +   19,605  
      U.S. Treasury securities                                            2,465,554   +       87   +    2,057  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,337,326            0   -    3,650  
        Notes and bonds, inflation-indexed (2)                              109,412            0   +    4,188  
        Inflation compensation (3)                                           18,816   +       87   +    1,519  
      Federal agency debt securities (2)                                      6,757            0   -   13,735  
      Mortgage-backed securities (4)                                      1,768,160            0   +   31,283  
    Unamortized premiums on securities held outright  
    (5)                                                                     162,046   -      232   -   14,388  
    Unamortized discounts on securities held outright 
    (5)                                                                     -14,403   +       29   +    1,014  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       158   -       19   +        8  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,706   -        1   -        3  
  Items in process of collection                                   (0)           93   +       31   -       11  
  Bank premises                                                               2,198   +        2   -        3  
  Central bank liquidity swaps (8)                                               36   -    3,584   -    3,184  
  Foreign currency denominated assets (9)                                    21,243   +      132   +      269  
  Other assets (10)                                                          27,776   +    2,553   -    1,544  
                                                                                                               
Total assets                                                       (0)    4,459,415   -    1,007   +    1,717  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Oct 11, 2017   Wednesday    Wednesday  
                                                        consolidation                 Oct 4, 2017 Oct 12, 2016 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,538,386   +    2,638   +  105,720 
  Reverse repurchase agreements (11)                                         360,275   -   49,079   -   62,825 
  Deposits                                                          (0)    2,511,898   +   44,655   -   42,578 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,267,739   +   39,221   +  105,653 
    U.S. Treasury, General Account                                           155,307   +      688   -  187,568 
    Foreign official                                                           5,166   +        1   +        1 
    Other (12)                                                      (0)       83,687   +    4,746   +   39,337 
  Deferred availability cash items                                  (0)          443   -      247   -      140 
  Other liabilities and accrued dividends (13)                                 7,198   +    1,001   +      500 
                                                                                                               
Total liabilities                                                   (0)    4,418,200   -    1,033   +      678 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             31,215   +       25   +    1,039 
  Surplus                                                                     10,000            0            0 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 41,215   +       25   +    1,039 

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 securities, Federal agency debt
    securities, and 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.                               

 



6. Statement of Condition of Each Federal Reserve Bank, October 11, 2017
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         349       3,592          348         553         776       1,520         737         341         191         292         916       1,422
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,855          50          49          183         132         266         198         296          31          51         107         188         304
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,388,272      85,497   2,470,911      113,299     127,251     257,102     258,305     184,580      58,542      34,295      62,252     175,673     560,565
    Securities held outright (1)               4,240,471      82,620   2,387,775      109,487     122,970     248,452     249,610     178,349      56,546      33,061      60,140     169,759     541,704
      U.S. Treasury securities                 2,465,554      48,038   1,388,333       63,660      71,499     144,458     145,132     103,698      32,878      19,223      34,967      98,704     314,965
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,465,554      48,038   1,388,333       63,660      71,499     144,458     145,132     103,698      32,878      19,223      34,967      98,704     314,965
      Federal agency debt securities (2)           6,757         132       3,805          174         196         396         398         284          90          53          96         271         863
      Mortgage-backed securities (4)           1,768,160      34,450     995,636       45,653      51,275     103,597     104,080      74,367      23,578      13,785      25,077      70,785     225,876
    Unamortized premiums on securities held 
      outright (5)                               162,046       3,157      91,247        4,184       4,699       9,494       9,539       6,815       2,161       1,263       2,298       6,487      20,701
    Unamortized discounts on securities     
      held outright (5)                          -14,403        -281      -8,110         -372        -418        -844        -848        -606        -192        -112        -204        -577      -1,840
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            158           0           0            0           0           0           4          21          27          83          18           4           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,706           0       1,706            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      93           0           0            0           0           0          92           0           0           1           0           0           0
  Bank premises                                    2,198         117         441           72         123         198         203         201         110          88         236         219         191
  Central bank liquidity swaps (8)                    36           2          12            2           3           8           2           2           0           0           0           0           5
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   21,243         921       6,804        1,142       1,730       4,590       1,239         889         232          90         206         272       3,128
  Other assets (10)                               27,776         587      15,203          712         815       1,806       1,663       1,171         448         234         458       1,149       3,530
  Interdistrict settlement account                     0  -    8,101  -   51,453   -      217  +      405  -    7,229  +    2,339  +   46,890  -      554  +    2,460  +    7,369  +    7,224  +      867
                                                                                                                                                                                                         
Total assets                                   4,459,415      79,616   2,449,083      115,752     131,249     257,928     266,215     235,189      59,300      37,500      71,073     185,924     570,586

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, October 11, 2017 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,723,683      56,117     562,258      54,999      85,104     121,298     232,419     116,654      52,313      31,138      48,244     142,281     220,859
    Less: Notes held by F.R. Banks               185,297       6,613      47,588       6,823      10,048      14,211      26,103      11,858       5,606       3,399       5,742      19,054      28,251
      Federal Reserve notes, net               1,538,386      49,504     514,670      48,176      75,055     107,087     206,316     104,795      46,707      27,739      42,502     123,227     192,608
  Reverse repurchase agreements (11)             360,275       7,019     202,868       9,302      10,448      21,109      21,207      15,153       4,804       2,809       5,110      14,423      46,024
  Deposits                                     2,511,898      21,116   1,714,912      55,703      42,121     120,224      35,750     113,121       7,126       6,290      22,893      47,465     325,179
    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                           2,267,739      21,110   1,528,995      55,701      42,117     119,860      35,741      55,275       7,123       6,289      22,892      47,464     325,172
    U.S. Treasury, General Account               155,307           0     155,307           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,166           2       5,138           2           3           9           2           2           0           0           0           1           6
    Other (12)                                    83,687           5      25,471           0           0         355           7      57,844           3           0           1           0           1
  Deferred availability cash items                   443           0           0           0           0           0         121           0           0         322           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,804          41         976          49          63         122         123          67          26          14          23          76         225
  Other liabilities and accrued             
     dividends                                     5,394         167       2,572         202         214         517         327         305         146         139         140         218         447
                                                                                                                                                                                                        
Total liabilities                              4,418,200      77,847   2,435,997     113,432     127,900     249,059     263,843     233,440      58,809      37,312      70,669     185,408     564,483
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 31,215       1,336       9,883       1,783       2,535       6,708       1,788       1,330         382         145         307         388       4,631
  Surplus                                         10,000         434       3,202         538         815       2,161         583         419         109          42          97         128       1,473
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,459,415      79,616   2,449,083     115,752     131,249     257,928     266,215     235,189      59,300      37,500      71,073     185,924     570,586

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, October 11, 2017 (continued)


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.                                                                                                 
2.  Face value of the securities.                                                                                                                                                                           
3.  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.                               
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency     
    debt securities, and 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).

                                                                                 



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Oct 11, 2017  

Federal Reserve notes outstanding                                                            1,723,683  
  Less: Notes held by F.R. Banks not subject to collateralization                              185,297  
    Federal Reserve notes to be collateralized                                               1,538,386  
Collateral held against Federal Reserve notes                                                1,538,386  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,522,149  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,240,471  
  Less: Face value of securities under reverse repurchase agreements                           341,358  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,899,113  

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.