FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                 February 4, 2016


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   Feb 3, 2016 
Federal Reserve Banks                                      Feb 3, 2016 Jan 27, 2016  Feb 4, 2015              

Reserve Bank credit                                         4,444,886   -    6,412   -   16,603    4,445,059  
  Securities held outright (1)                              4,236,798   -    6,631   -      188    4,236,766  
    U.S. Treasury securities                                2,461,301   -       60   +      581    2,461,269  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,639            0   -       72    2,346,639  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +       65       98,534  
      Inflation compensation (3)                               16,129   -       59   +      589       16,097  
    Federal agency debt securities (2)                         31,318            0   -    6,270       31,318  
    Mortgage-backed securities (4)                          1,744,179   -    6,571   +    5,501    1,744,179  
  Unamortized premiums on securities held outright (5)        187,792   -      574   -   17,738      187,656  
  Unamortized discounts on securities held outright (5)       -16,420   +       35   +    1,820      -16,411  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                            73   +       33   +       23           10  
    Primary credit                                                 65   +       39   +       21            2  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                 8   -        6   +        3            9  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,722   +        4   +       36        1,722  
  Float                                                           -77   +       80   +      305           -7  
  Central bank liquidity swaps (8)                                 91   -       11   +       91           91  
  Other Federal Reserve assets (9)                             34,906   +      651   -      953       35,232  
Foreign currency denominated assets (10)                       19,706   -       24   -      622       20,001  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             47,637   +       14   +    1,162       47,637  
                                                                                                              
Total factors supplying reserve funds                       4,528,470   -    6,421   -   16,063    4,528,938  

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   Feb 3, 2016 
Federal Reserve Banks                                      Feb 3, 2016 Jan 27, 2016  Feb 4, 2015              

Currency in circulation (11)                                 1,413,736   +      636   +   82,658    1,415,646 
Reverse repurchase agreements (12)                             321,629   +   27,476   +   36,301      292,271 
  Foreign official and international accounts                  232,150   +   12,951   +  109,947      229,810 
  Others                                                        89,478   +   14,524   -   73,648       62,461 
Treasury cash holdings                                             264   -       13   +       62          249 
Deposits with F.R. Banks, other than reserve balances          371,498   -   13,806   +  190,706      333,108 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               350,858   +    8,862   +  183,586      312,633 
  Foreign official                                               5,276   +       36   -       48        5,539 
  Other (13)                                                    15,364   -   22,704   +    7,168       14,936 
Other liabilities and capital (14)                              46,372   +       67   -   16,498       46,387 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,153,499   +   14,360   +  293,229    2,087,662 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,374,971   -   20,781   -  309,292    2,441,276 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
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   Feb 3, 2016 
                                                           Feb 3, 2016 Jan 27, 2016  Feb 4, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,273,513   +    6,422   +   15,630    3,262,262 
  Marketable U.S. Treasury securities (1)                    2,962,229   +    6,464   +   33,651    2,950,910 
  Federal agency debt and mortgage-backed securities (2)       263,414   -      537   -   23,372      263,492 
  Other securities (3)                                          47,870   +      495   +    5,350       47,860 
Securities lent to dealers                                      15,488   +    2,059   +    6,589       13,122 
  Overnight facility (4)                                        15,488   +    2,059   +    6,589       13,122 
    U.S. Treasury securities                                    15,421   +    2,067   +    6,967       13,079 
    Federal agency debt securities                                  68   -        8   -      378           43 

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, February 3, 2016    

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                                            2             9             0             0             0           ...            10 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                   4,868        83,192       136,537     1,118,233       485,029       633,410     2,461,269 
  Weekly changes                        +    2,957    +   22,503    -   20,019    -    2,118    -    3,350    -       45    -       72 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         4,222        10,916        13,833             0         2,347        31,318 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           699         8,873     1,734,608     1,744,179 
  Weekly changes                                 0             0             0    +      105    -      105             0             0 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)                91             0             0             0             0             0            91 
                                                                                                                                       
Reverse repurchase agreements (4)          292,271             0           ...           ...           ...           ...       292,271 
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   
                                                                                                                       Feb 3, 2016  

Mortgage-backed securities held outright (1)                                                                             1,744,179  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           30,948  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    4  



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   
                                                                                                                       Feb 3, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,722  
                                                                                                                                    
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 December 31, 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.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from        Feb 3, 2016   Wednesday    Wednesday  
                                                        consolidation                Jan 27, 2016  Feb 4, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,999   +       28   +       44  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,408,021   -      529   -   16,057  
    Securities held outright (1)                                          4,236,766   -       72   -      154  
      U.S. Treasury securities                                            2,461,269   -       72   +      617  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,639            0   -       72  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +       65  
        Inflation compensation (3)                                           16,097   -       71   +      625  
      Federal agency debt securities (2)                                     31,318            0   -    6,270  
      Mortgage-backed securities (4)                                      1,744,179            0   +    5,499  
    Unamortized premiums on securities held outright  
    (5)                                                                     187,656   -      369   -   17,715  
    Unamortized discounts on securities held outright 
    (5)                                                                     -16,411   +       26   +    1,816  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                        10   -      114   -        4  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,722            0   +       36  
  Items in process of collection                                   (0)          191   -        4   +       81  
  Bank premises                                                               2,230   -        8   -       23  
  Central bank liquidity swaps (8)                                               91   -       11   +       91  
  Foreign currency denominated assets (9)                                    20,001   +      267   -      395  
  Other assets (10)                                                          33,002   +    1,402   -      632  
                                                                                                               
Total assets                                                       (0)    4,483,495   +    1,146   -   16,853  

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        Feb 3, 2016   Wednesday    Wednesday  
                                                        consolidation                Jan 27, 2016  Feb 4, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,370,254   +    2,067   +   79,482 
  Reverse repurchase agreements (11)                                         292,271   -   16,834   +   26,621 
  Deposits                                                          (0)    2,774,384   +   15,126   -  106,094 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,441,276   +   42,009   -  267,535 
    U.S. Treasury, General Account                                           312,633   -   25,340   +  155,383 
    Foreign official                                                           5,539   +      306   +      326 
    Other (12)                                                      (0)       14,936   -    1,850   +    5,732 
  Deferred availability cash items                                  (0)          198   -      268   -      378 
  Other liabilities and accrued dividends (13)                                 6,881   +    1,052   +    1,221 
                                                                                                               
Total liabilities                                                   (0)    4,443,989   +    1,144   +      853 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,506   +        2   +      900 
  Surplus                                                                     10,000            0   -   18,606 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 39,506   +        2   -   17,706 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Revalued daily at current foreign currency exchange rates.                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
13. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, February 3, 2016
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         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                                             1,999          50          77          133         144         312         203         291          33          58         158         208         332
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,408,021     111,741   2,646,182      109,636     105,979     239,415     248,224     163,781      45,969      26,812      57,262     141,996     511,023
    Securities held outright (1)               4,236,766     107,400   2,543,382      105,375     101,862     230,114     238,581     157,415      44,183      25,766      55,038     136,480     491,170
      U.S. Treasury securities                 2,461,269      62,392   1,477,529       61,216      59,175     133,680     138,599      91,447      25,667      14,968      31,973      79,286     285,336
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,269      62,392   1,477,529       61,216      59,175     133,680     138,599      91,447      25,667      14,968      31,973      79,286     285,336
      Federal agency debt securities (2)          31,318         794      18,801          779         753       1,701       1,764       1,164         327         190         407       1,009       3,631
      Mortgage-backed securities (4)           1,744,179      44,214   1,047,052       43,381      41,934      94,733      98,218      64,804      18,189      10,607      22,658      56,186     202,204
    Unamortized premiums on securities held 
      outright (5)                               187,656       4,757     112,652        4,667       4,512      10,192      10,567       6,972       1,957       1,141       2,438       6,045      21,755
    Unamortized discounts on securities     
      held outright (5)                          -16,411        -416      -9,852         -408        -395        -891        -924        -610        -171        -100        -213        -529      -1,903
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                             10           0           0            2           0           0           0           4           0           5           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,722           0       1,722            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     191           0           0            0           0           0         190           0           0           0           0           0           0
  Bank premises                                    2,230         124         434           74         105         211         206         203         117          91         240         226         198
  Central bank liquidity swaps (8)                    91           4          29            5           7          21           5           2           1           0           1           1          13
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   20,001         907       6,449        1,117       1,559       4,589       1,138         537         186          84         210         288       2,936
  Other assets (10)                               33,002         878      19,281          830         811       1,983       1,884       1,244         444         232         482       1,092       3,842
  Interdistrict settlement account                     0  -   17,732  -  108,937   +   11,909  +   12,718  +    9,278  +    2,959  +      250  +   11,973  +    4,656  +    2,399  +   16,650  +   53,876
                                                                                                                                                                                                         
Total assets                                   4,483,495      96,515   2,570,764      124,256     122,065     257,003     257,062     167,467      59,173      32,196      61,193     161,635     574,166

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, February 3, 2016 (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            1,548,776      49,502     496,166      49,115      82,434     106,131     219,886     102,537      51,419      26,773      40,490     126,190     198,133
    Less: Notes held by F.R. Banks               178,522       6,220      59,207       6,116       9,746      11,770      22,625      11,191       4,698       2,881       5,025      14,027      25,016
      Federal Reserve notes, net               1,370,254      43,282     436,959      42,999      72,687      94,361     197,261      91,346      46,722      23,892      35,465     112,164     173,117
  Reverse repurchase agreements (11)             292,271       7,409     175,454       7,269       7,027      15,874      16,458      10,859       3,048       1,777       3,797       9,415      33,883
  Deposits                                     2,774,384      43,864   1,941,854      71,572      39,084     137,268      40,591      63,889       8,854       6,136      21,376      39,283     360,612
    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                           2,441,276      43,860   1,616,533      71,570      39,081     137,215      40,582      56,194       8,846       6,136      21,375      39,282     360,602
    U.S. Treasury, General Account               312,633           0     312,633           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,539           2       5,512           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    14,936           2       7,175           0           0          44           7       7,694           8           0           1           1           5
  Deferred availability cash items                   198           0           0           0           0           0         114           0           0          84           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 2,141          56       1,203          54          65         154         135          77          28          13          46          67         242
  Other liabilities and accrued             
     dividends                                     4,741         147       2,337         179         175         473         295         236         125         125         109         188         352
                                                                                                                                                                                                        
Total liabilities                              4,443,989      94,757   2,557,807     122,073     119,038     248,130     254,855     166,407      58,777      32,028      60,793     161,117     568,207
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,506       1,304       9,735       1,624       2,248       6,578       1,639         791         303         126         295         374       4,490
  Surplus                                         10,000         453       3,223         559         780       2,295         569         269          93          42         105         144       1,469
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,483,495      96,515   2,570,764     124,256     122,065     257,003     257,062     167,467      59,173      32,196      61,193     161,635     574,166

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, February 3, 2016 (continued)


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.                                                                                                 
2.  Face value of the securities.                                                                                                                                                                           
3.  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.                               
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
9.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
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   
                                                                                           Feb 3, 2016  

Federal Reserve notes outstanding                                                            1,548,776  
  Less: Notes held by F.R. Banks not subject to collateralization                              178,522  
    Federal Reserve notes to be collateralized                                               1,370,254  
Collateral held against Federal Reserve notes                                                1,370,254  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,354,018  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,236,766  
  Less: Face value of securities under reverse repurchase agreements                           270,429  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,966,337  

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.