FEDERAL RESERVE statistical release

For release at

4:30 P.M. EDT

April 28, 2011

The weekly average values, shown in table 1, reflect the March 31, 2011, quarterly updates to the fair

values of the net portfolio holdings of Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane

III LLC, and the fair value adjustment of the Term Asset-Backed Securities Loan Facility, or TALF,

which is included in "Other Federal Reserve assets." The amounts for the first six days of this

reporting week are based on the values as of December 31, 2010, and the amounts for the last day of

the reporting week are based on the values as of March 31, 2011.
FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks April 28, 2011

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures Wednesday

Apr 27, 2011 Week ended

Apr 27, 2011

Change from week ended

Apr 20, 2011 Apr 28, 2010

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Reserve Bank credit 2,671,770 + 12,446 + 355,466 2,675,152

Securities held outright1 2,464,929 + 10,898 + 419,547 2,466,674

U.S. Treasury securities 1,406,554 + 15,970 + 629,838 1,413,467

Bills2 18,423 0 0 18,423

Notes and bonds, nominal2 1,323,155 + 14,701 + 610,897 1,330,040

Notes and bonds, inflation-indexed2 58,065 + 1,083 + 17,174 58,065

Inflation compensation3 6,912 + 186 + 1,767 6,940

Federal agency debt securities2 127,810 - 1,703 - 41,093 126,186

Mortgage-backed securities4 930,565 - 3,369 - 169,198 927,021

Repurchase agreements5 0 0 0 0

Loans 17,207 - 411 - 60,870 16,798

Primary credit 9 + 4 - 5,981 13

Secondary credit 0 0 - 588 0

Seasonal credit 12 + 2 - 20 12

Credit extended to American International

Group, Inc., net6 0 0 - 25,812 0

Term Asset-Backed Securities Loan Facility7 17,186 - 417 - 28,470 16,774

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC8 0 0 - 6,562 0

Net portfolio holdings of Maiden Lane LLC9 24,376 + 98 - 3,291 24,763

Net portfolio holdings of Maiden Lane II LLC10 15,968 + 117 + 646 16,541

Net portfolio holdings of Maiden Lane III LLC11 23,257 + 223 + 990 24,563

Net portfolio holdings of TALF LLC12 733 + 15 + 294 733

Preferred interests in AIA Aurora LLC and ALICO

Holdings LLC6 0 0 - 25,416 0

Float -962 + 308 + 809 -1,471

Central bank liquidity swaps13 0 0 0 0

Other Federal Reserve assets14 126,261 + 1,196 + 29,318 126,550

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 43,865 + 14 + 812 43,865

Total factors supplying reserve funds 2,731,876 + 12,460 + 356,277 2,735,258

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Averages of daily figures Wednesday

Apr 27, 2011 Week ended

Apr 27, 2011

Change from week ended

Apr 20, 2011 Apr 28, 2010

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Currency in circulation15 1,011,258 + 744 + 76,980 1,013,842

Reverse repurchase agreements16 56,811 + 877 + 4,134 57,031

Foreign official and international accounts 56,811 + 877 + 4,134 57,031

Others 0 0 0 0

Treasury cash holdings 188 - 17 - 28 163

Deposits with F.R. Banks, other than reserve balances 118,455 + 25,865 - 147,661 139,437

Term deposits held by depository institutions 5,081 0 + 5,081 5,081

U.S. Treasury, general account 104,152 + 30,884 + 46,990 126,185

U.S. Treasury, supplementary financing account 5,000 0 - 194,959 5,000

Foreign official 137 + 7 - 5,333 192

Service-related 2,546 - 2 - 116 2,546

Required clearing balances 2,546 - 2 - 116 2,546

Adjustments to compensate for float 0 0 0 0

Other 1,539 - 5,025 + 675 433

Funds from American International Group, Inc. asset

dispositions, held as agent6 0 0 0 0

Other liabilities and capital17 73,728 + 202 + 4,491 75,074

Total factors, other than reserve balances,

absorbing reserve funds 1,260,438 + 27,669 - 62,087 1,285,546

Reserve balances with Federal Reserve Banks 1,471,438 - 15,210 + 418,364 1,449,713

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. Current face value of the securities, which is the remaining principal balance of

the underlying mortgages.

5. Cash value of agreements.

6. As a result of the closing of the American International Group, Inc. (AIG) recapitalization plan on January 14, 2011, the credit extended to AIG

was fully repaid and the Federal Reserve’s commitment to lend any further funds was terminated. In addition, the Federal Reserve Bank of

New York (FRBNY) has been paid in full for its preferred interests in AIA Aurora LLC and ALICO Holdings LLC. The funds from AIG asset

dispositions that FRBNY held as agent were the source of repayment of the credit extended to AIG, as well as a portion of the

FRBNY’s preferred interests in ALICO Holdings LLC. The remaining FRBNY preferred interests in ALICO Holdings LLC and AIA Aurora

LLC, valued at approximately $20 billion, were purchased by AIG through a draw on the Treasury’s Series F preferred stock commitment

and then transferred by AIG to the Treasury as consideration for the draw on the available Series F funds.

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

8. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper

Funding Facility LLC.

9. Refer to table 4 and the note on consolidation accompanying table 9.

10.Refer to table 5 and the note on consolidation accompanying table 9.

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

12.Refer to table 7 and the note on consolidation accompanying table 9.

13.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.

14.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and the fair value adjustment

to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the

AIG recapitalization plan on January 14, 2011, included accrued dividends on the FRBNY’s preferred interests in AIA Aurora LLC and ALICO

Holdings LLC.

15.Estimated.

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

17.Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve

Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note

on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury. Refer to table 8

and table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures Wednesday

Apr 27, 2011 Week ended

Apr 27, 2011

Change from week ended

Apr 20, 2011 Apr 28, 2010

Memorandum item

Marketable securities held in custody for foreign

official and international accounts1 3,435,649 + 17,097 + 374,553 3,447,017

U.S. Treasury securities 2,675,185 + 14,085 + 401,760 2,685,761

Federal agency securities2 760,464 + 3,012 - 27,207 761,256

Securities lent to dealers 10,103 - 10,593 + 4,176 15,409

Overnight facility3 10,103 - 10,593 + 4,176 15,409

U.S. Treasury securities 9,306 - 10,356 + 4,763 14,528

Federal agency debt securities 797 - 237 - 587 881

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

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

face value.

2. Includes debt and mortgage-backed securities.

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

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, April 27, 2011

Millions of dollars

Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 years

to 10 years

Over 10

years

Remaining maturity All

Loans1 23 2 29 16,745 0 ... 16,798

U.S. Treasury securities2

Holdings 18,384 18,956 82,281 591,168 513,052 189,625 1,413,467

Weekly changes - 2,503 + 2,503 + 4 + 10 + 7,266 + 3,692 + 10,973

Federal agency debt securities3

Holdings 1,068 11,082 19,465 67,475 24,749 2,347 126,186

Weekly changes - 2,274 0 + 629 - 629 0 0 - 2,274

Mortgage-backed securities4

Holdings 0 0 0 19 22 926,980 927,021

Weekly changes 0 0 0 - 1 - 1 - 6,200 - 6,201

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

Repurchase agreements6 0 0 ... ... ... ... 0

Central bank liquidity swaps7 0 0 0 0 0 0 0

Reverse repurchase agreements6 57,031 0 ... ... ... ... 57,031

Term deposits 5,081 0 0 ... ... ... 5,081

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

. . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden Lane II LLC, Maiden

Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY’s statement of condition consistent with consolidation

under generally accepted accounting principles.

2. 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.

3. Face value.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

5. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.

6. Cash value of agreements.

7. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to

the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign

central bank.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities Purchase Program

Millions of dollars

Wednesday

Apr 27, 2011 Account name

Mortgage-backed securities held outright1 927,021

Commitments to buy mortgage-backed securities2 0

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 0

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

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 8 and table 9.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday

Apr 27, 2011 Account name

Net portfolio holdings of Maiden Lane LLC1 24,763

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 22,130

Accrued interest payable to the Federal Reserve Bank of New York2 677

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 1,337

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of March 31, 2011. 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 9.

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 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3)

of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets

through time to maximize repayment of the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from

the proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest

due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the

FRBNY.

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Wednesday

Apr 27, 2011 Account name

Net portfolio holdings of Maiden Lane II LLC1 16,541

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 12,155

Accrued interest payable to the Federal Reserve Bank of New York2 504

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 1,082

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of March 31, 2011. 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 9.

3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of American

International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued interest payable are

included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the authority

of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential mortgage-backed securities from the

U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II

LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane II LLC, principal due to

the FRBNY, interest due to the FRBNY, and deferred payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the

FRBNY and AIG subsidiaries.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday

Apr 27, 2011 Account name

Net portfolio holdings of Maiden Lane III LLC1 24,563

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 12,328

Accrued interest payable to the Federal Reserve Bank of New York2 599

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 5,422

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of March 31, 2011. 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 9.

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 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the authority

of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector collateralized debt obligations

(CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In

connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane

III LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane III LLC, principal due

to the FRBNY, interest due to the FRBNY, principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and

AIG.

7. Information on Principal Accounts of TALF LLC

Millions of dollars

Wednesday

Apr 27, 2011 Account name

Asset-backed securities holdings1 0

Other investments, net 733

Net portfolio holdings of TALF LLC 733

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3 107

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.

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 9.

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 8

and table 9.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF) under the authority

of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New York (FRBNY) extends loans with a term

of up to five years to holders of eligible asset-backed securities. The TALF is intended to assist financial markets in accommodating the credit needs of

consumers and businesses by facilitating the issuance of asset-backed securities collateralized by a variety of consumer and business loans. The loans

provided through the TALF to eligible borrowers are non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the

collateral to the FRBNY. The loans are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears

the initial risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the

decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed securities received by the FRBNY in

conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest. Losses on asset-backed securities held by TALF LLC will

be offset in the following order: by the commitment fees collected by TALF LLC, by the interest received on investments of TALF LLC, by up to $4.3 billion

in subordinated debt funding provided by the U.S. Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the

proceeds of its net portfolio holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the

U.S. Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the U.S. Treasury.
H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Eliminations from

consolidation

Wednesday

Apr 27, 2011

Change since

Wednesday

Apr 20, 2011

Wednesday

Apr 28, 2010

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 2,217 + 13 + 103

Securities, repurchase agreements, and loans 2,483,472 + 1,677 + 363,065

Securities held outright1 2,466,674 + 2,498 + 424,637

U.S. Treasury securities 1,413,467 + 10,973 + 636,750

Bills2 18,423 0 0

Notes and bonds, nominal2 1,330,040 + 9,239 + 617,782

Notes and bonds, inflation-indexed2 58,065 + 1,500 + 17,174

Inflation compensation3 6,940 + 234 + 1,794

Federal agency debt securities2 126,186 - 2,274 - 42,717

Mortgage-backed securities4 927,021 - 6,201 - 169,395

Repurchase agreements5 0 0 0

Loans 16,798 - 821 - 61,572

Net portfolio holdings of Commercial Paper

Funding Facility LLC6 0 0 - 4,893

Net portfolio holdings of Maiden Lane LLC7 24,763 + 451 - 3,461

Net portfolio holdings of Maiden Lane II LLC8 16,541 + 669 + 481

Net portfolio holdings of Maiden Lane III LLC9 24,563 + 1,524 + 973

Net portfolio holdings of TALF LLC10 733 + 15 + 294

Preferred interests in AIA Aurora LLC and ALICO

Holdings LLC11 0 0 - 25,416

Items in process of collection (148) 138 - 76 - 59

Bank premises 2,217 + 2 - 21

Central bank liquidity swaps12 0 0 0

Other assets13 124,264 + 918 + 30,158

Total assets (148) 2,695,144 + 5,192 + 361,222

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Eliminations from

consolidation

Wednesday

Apr 27, 2011

Change since

Wednesday

Apr 20, 2011

Wednesday

Apr 28, 2010

Assets, liabilities, and capital

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 972,352 + 1,772 + 77,013

Reverse repurchase agreements14 57,031 + 967 + 2,929

Deposits (0) 1,589,079 - 98 + 277,669

Term deposits held by depository institutions 5,081 0 + 5,081

Other deposits held by depository institutions 1,452,188 - 13,132 + 403,383

U.S. Treasury, general account 126,185 + 13,025 + 69,277

U.S. Treasury, supplementary financing account 5,000 0 - 194,959

Foreign official 192 + 67 - 5,201

Other (0) 433 - 58 + 87

Deferred availability cash items (148) 1,609 + 70 - 542

Other liabilities and accrued dividends15 22,503 + 2,467 + 7,078

Total liabilities (148) 2,642,573 + 5,176 + 364,145

Capital accounts

Capital paid in 26,285 + 7 + 51

Surplus 26,285 + 7 + 696

Other capital accounts 0 0 - 3,670

Total capital 52,571 + 16 - 2,922

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. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

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

6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper

Funding Facility LLC.

7. Refer to table 4 and the note on consolidation accompanying table 9.

8. Refer to table 5 and the note on consolidation accompanying table 9.

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

10.Refer to table 7 and the note on consolidation accompanying table 9.

11.As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank of New York has been paid in full

for its	preferred interests in AIA Aurora LLC and ALICO Holdings LLC. A portion of the preferred interests was redeemed by AIG with the funds

from AIG asset dispositions that were held as agent by the Federal Reserve.

12.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.

13.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to

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

Before the closing of the AIG recapitalization plan on January 14, 2011, included accrued dividends on the FRBNY’s preferred interests in AIA

Aurora LLC and ALICO Holdings LLC.

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

15.Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal

Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and

the note on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury. Before the

closing of the AIG recapitalization plan on January 14, 2011, included funds from American International Group, Inc. asset dispositions, held as agent.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, April 27, 2011Millions of dollars

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

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 390 3,866 432 450 872 1,394 854 319 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 Coin 2,217 56 86 167 165 363 179 342 33 Securities, repurchase agreements,

and loans 2,483,472 60,647 1,163,883 84,499 66,633 284,876 183,379 146,492 46,692 

Securities held outright1 2,466,674 60,647 1,147,109 84,499 66,630 284,876 183,379 146,485 46,687 

U.S. Treasury securities 1,413,467 34,752 657,323 48,420 38,181 163,241 105,081 83,939 26,753 

Bills2 18,423 453 8,567 631 498 2,128 1,370 1,094 349 Notes and bonds3 1,395,044 34,299 648,755 47,789 37,683 161,113 103,711 82,845 26,404 

Federal agency debt securities2 126,186 3,102 58,682 4,323 3,409 14,573 9,381 7,494 2,388 

Mortgage-backed securities4 927,021 22,792 431,105 31,756 25,041 107,062 68,917 55,052 17,546 

Repurchase agreements5 0 0 0 0 0 0 0 0 0 Loans 16,798 0 16,774 0 3 0 0 7 5 

Net portfolio holdings of Commercial

Paper Funding Facility LLC6 0 0 0 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane LLC7 24,763 0 24,763 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane II LLC8 16,541 0 16,541 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane III LLC9 24,563 0 24,563 0 0 0 0 0 0 

Net portfolio holdings of TALF LLC10 733 0 733 0 0 0 0 0 0 

Preferred interests in AIA Aurora LLC

and ALICO Holdings LLC11 0 0 0 0 0 0 0 0 0 

Items in process of collection 285 4 0 109 -58 6 50 18 12 Bank premises 2,217 125 256 68 139 237 217 209 136 Central bank liquidity swaps12 0 0 0 0 0 0 0 0 0 Other assets13 124,264 3,354 52,878 5,953 4,649 16,813 8,799 6,448 2,092 Interdistrict settlement account 0 - 7,119 + 263,960 + 9,977 - 9,720 - 135,584 - 28,874 + 3,458 - 10,407 - 

Total assets 2,695,292 57,652 1,553,347 101,416 62,493 167,996 165,799 158,244 39,027 

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, April 27, 2011 (continued)Millions of dollars

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

Assets, liabilities, and capital

Liabilities

Federal Reserve notes outstanding 1,129,543 43,129 387,437 47,323 48,721 89,996 140,775 87,738 31,748 

Less: Notes held by F.R. Banks 157,192 4,442 44,371 5,274 7,173 12,588 22,411 12,526 4,082 

Federal Reserve notes, net 972,352 38,688 343,066 42,048 41,548 77,408 118,364 75,212 27,666 

Reverse repurchase agreements14 57,031 1,402 26,522 1,954 1,541 6,586 4,240 3,387 1,079 

Deposits 1,589,079 15,418 1,150,853 52,154 14,926 72,024 39,449 77,697 9,578 

Term deposits held by depository

institutions 5,081 15 2,550 1,250 11 765 7 226 52 

Other deposits held by depository

institutions 1,452,188 15,399 1,016,696 50,900 14,911 71,115 39,440 77,444 9,526 

U.S. Treasury, general account 126,185 0 126,185 0 0 0 0 0 0 U.S. Treasury, supplementary

financing account 5,000 0 5,000 0 0 0 0 0 0 

Foreign official 192 1 164 4 3 8 2 1 0 Other 433 3 257 0 1 136 0 25 0 

Deferred availability cash items 1,756 53 0 274 190 57 81 90 53 Interest on Federal Reserve notes due

to U.S. Treasury15 3,644 42 2,773 63 50 192 109 90 29 

Other liabilities and accrued

dividends16 18,859 215 14,720 304 303 861 530 437 181 

Total liabilities 2,642,721 55,818 1,537,933 96,797 58,557 157,129 162,774 156,912 38,586 Capital

Capital paid in 26,285 917 7,707 2,309 1,968 5,433 1,512 666 220 Surplus 26,285 917 7,707 2,309 1,968 5,433 1,512 666 220 Other capital 0 0 0 0 0 0 0 0 0 

Total liabilities and capital 2,695,292 57,652 1,553,347 101,416 62,493 167,996 165,799 158,244 39,027 

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, April 27, 2011 (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 securitie4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mort5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facilit7. Refer to table 4 and the note on consolidation below.8. Refer to table 5 and the note on consolidation below.9. Refer to table 6 and the note on consolidation below.10.Refer to table 7 and the note on consolidation below.11.As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank of New York has been paid in full for its preferred inte

Holdings LLC. A portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were held as agent by the Federal Res

12.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 centr

equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.

13.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by 

of New York (FRBNY) to eligible	borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on Janudividends on the FRBNY’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

14.Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.15.Represents the estimated weekly remittances to U.S Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank’s net earnings 

to capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this Federal Reserve Bank’s earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance which requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of and the amount necessary to equate surplus with capital paid-in.

16.Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New Y

recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below. Before the closing of the AIG recapitincluded funds from American International Group, Inc. asset dispositions, held as agent.

Note on consolidation:The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Resewas extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contractwas extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase securities received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan FacilitThe FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily respoTALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNcondition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCsin this table (and table 1 and table 8).
H.4.1

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

Millions of dollars

Wednesday

Apr 27, 2011 Federal Reserve notes and collateral

Federal Reserve notes outstanding 1,129,543

Less: Notes held by F.R. Banks not subject to collateralization 157,192

Federal Reserve notes to be collateralized 972,352

Collateral held against Federal Reserve notes 972,352

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 956,115

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,466,674

Less: Face value of securities under reverse repurchase agreements 55,270

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,411,404

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.