FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                   August 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   Aug 3, 2016 
Federal Reserve Banks                                      Aug 3, 2016 Jul 27, 2016  Aug 5, 2015              

Reserve Bank credit                                         4,426,102   -    8,855   -   21,509    4,426,769  
  Securities held outright (1)                              4,226,425   -    9,135   -    5,075    4,226,461  
    U.S. Treasury securities                                2,462,830   +      108   +    1,272    2,462,865  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,342,204            0   -    4,437    2,342,204  
      Notes and bonds, inflation-indexed (2)                  103,596            0   +    5,062      103,596  
      Inflation compensation (3)                               17,030   +      108   +      647       17,065  
    Federal agency debt securities (2)                         22,492            0   -   12,601       22,492  
    Mortgage-backed securities (4)                          1,741,102   -    9,244   +    6,253    1,741,104  
  Unamortized premiums on securities held outright (5)        179,334   -      634   -   17,158      179,205  
  Unamortized discounts on securities held outright (5)       -15,732   +       31   +    1,642      -15,730  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           203   -       20   +        5          186  
    Primary credit                                                 18   -       17   +        8            2  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               185   -        4   -        3          184  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,704   -        7   +        2        1,705  
  Float                                                          -717   -      408   -      713         -250  
  Central bank liquidity swaps (8)                                930   +      750   +      622          930  
  Other Federal Reserve assets (9)                             33,953   +      567   -      834       34,263  
Foreign currency denominated assets (10)                       21,351   +      526   +    1,809       21,426  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             47,997   +       14   +      869       47,997  
                                                                                                              
Total factors supplying reserve funds                       4,511,690   -    8,316   -   18,831    4,512,433  

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   Aug 3, 2016 
Federal Reserve Banks                                      Aug 3, 2016 Jul 27, 2016  Aug 5, 2015              

Currency in circulation (11)                                 1,462,842   +    1,675   +   89,527    1,464,930 
Reverse repurchase agreements (12)                             327,397   +   24,074   +   55,821      311,254 
  Foreign official and international accounts                  241,930   -    5,418   +   78,076      243,179 
  Others                                                        85,467   +   29,492   -   22,255       68,075 
Treasury cash holdings                                              78   -        2   -       34          105 
Deposits with F.R. Banks, other than reserve balances          340,780   -   46,048   +  119,485      285,666 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               298,813   -   26,686   +   95,312      245,682 
  Foreign official                                               5,197   -       18   -       47        5,197 
  Other (13)                                                    36,770   -   19,343   +   24,220       34,787 
Other liabilities and capital (14)                              47,833   +    1,234   -   17,862       47,415 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,178,930   -   19,067   +  246,938    2,109,369 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,332,761   +   10,753   -  265,768    2,403,064 

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. 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   Aug 3, 2016 
                                                           Aug 3, 2016 Jul 27, 2016  Aug 5, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,219,154   -    1,251   -  136,496    3,212,086 
  Marketable U.S. Treasury securities (1)                    2,896,038   -    2,074   -  119,190    2,888,834 
  Federal agency debt and mortgage-backed securities (2)       264,865   +      474   -   30,988      264,846 
  Other securities (3)                                          58,251   +      349   +   13,682       58,406 
Securities lent to dealers                                      22,932   +    1,251   +   10,890       24,498 
  Overnight facility (4)                                        22,932   +    1,251   +   10,890       24,498 
    U.S. Treasury securities                                    22,913   +    1,246   +   10,935       24,474 
    Federal agency debt securities                                  19   +        6   -       45           24 

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, August 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                                           27           159             0             0             0           ...           186 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                   6,351        20,332       152,989     1,190,620       454,273       638,301     2,462,865 
  Weekly changes                        -      842    +      179    +    5,269    -    6,531    +    1,964    +       64    +      102 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         3,999        10,396         5,750             0         2,347        22,492 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0         1,198         9,988     1,729,917     1,741,104 
  Weekly changes                                 0             0             0    +      175    -      111    -       52    +       13 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               930             0             0             0             0             0           930 
                                                                                                                                       
Reverse repurchase agreements (4)          311,254             0           ...           ...           ...           ...       311,254 
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   
                                                                                                                       Aug 3, 2016  

Mortgage-backed securities held outright (1)                                                                             1,741,104  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           41,181  
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   
                                                                                                                       Aug 3, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,705  
                                                                                                                                    
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, 2016. 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        Aug 3, 2016   Wednesday    Wednesday  
                                                        consolidation                Jul 27, 2016  Aug 5, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,900   +        1   +       22  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,390,121   -      334   -   20,588  
    Securities held outright (1)                                          4,226,461   +      116   -    5,096  
      U.S. Treasury securities                                            2,462,865   +      102   +    1,262  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,342,204            0   -    4,437  
        Notes and bonds, inflation-indexed (2)                              103,596            0   +    5,062  
        Inflation compensation (3)                                           17,065   +      102   +      636  
      Federal agency debt securities (2)                                     22,492            0   -   12,601  
      Mortgage-backed securities (4)                                      1,741,104   +       13   +    6,243  
    Unamortized premiums on securities held outright  
    (5)                                                                     179,205   -      352   -   17,106  
    Unamortized discounts on securities held outright 
    (5)                                                                     -15,730   +       14   +    1,628  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       186   -      111   -       14  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,705   +        3   +        3  
  Items in process of collection                                   (0)          210   -       15   -       13  
  Bank premises                                                               2,210   -        4   -       25  
  Central bank liquidity swaps (8)                                              930   +      750   +      622  
  Foreign currency denominated assets (9)                                    21,426   +      575   +    2,074  
  Other assets (10)                                                          32,054   +    1,319   -    1,630  
                                                                                                               
Total assets                                                       (0)    4,466,793   +    2,295   -   19,536  

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        Aug 3, 2016   Wednesday    Wednesday  
                                                        consolidation                Jul 27, 2016  Aug 5, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,418,934   +    2,356   +   88,863 
  Reverse repurchase agreements (11)                                         311,254   +    2,228   +   62,204 
  Deposits                                                          (0)    2,688,729   -    3,245   -  153,172 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,403,064   +   70,827   -  220,948 
    U.S. Treasury, General Account                                           245,682   -   70,556   +   46,927 
    Foreign official                                                           5,197   -       72   -       47 
    Other (12)                                                      (0)       34,787   -    3,443   +   20,897 
  Deferred availability cash items                                  (0)          460   -      300   +      140 
  Other liabilities and accrued dividends (13)                                 7,307   +    1,239   +      486 
                                                                                                               
Total liabilities                                                   (0)    4,426,685   +    2,279   -    1,478 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,108   +       16   +    1,025 
  Surplus                                                                     10,000            0   -   19,083 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,108   +       16   -   18,057 

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. 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, August 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         355       3,588          359         586         760       1,541         753         360         193         296         875       1,371
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,900          42          70          148         139         303         189         278          30          56         133         192         320
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,390,121     107,840   2,498,168      119,196     131,471     268,285     245,703     174,935      55,468      32,449      61,107     156,266     539,233
    Securities held outright (1)               4,226,461     103,824   2,405,140      114,758     126,575     258,295     236,552     168,403      53,341      31,160      58,821     150,440     519,153
      U.S. Treasury securities                 2,462,865      60,501   1,401,535       66,872      73,759     150,515     137,845      98,133      31,083      18,158      34,277      87,665     302,523
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,462,865      60,501   1,401,535       66,872      73,759     150,515     137,845      98,133      31,083      18,158      34,277      87,665     302,523
      Federal agency debt securities (2)          22,492         553      12,799          611         674       1,375       1,259         896         284         166         313         801       2,763
      Mortgage-backed securities (4)           1,741,104      42,771     990,805       47,275      52,143     106,405      97,448      69,374      21,974      12,836      24,232      61,974     213,867
    Unamortized premiums on securities held 
      outright (5)                               179,205       4,402     101,980        4,866       5,367      10,952      10,030       7,140       2,262       1,321       2,494       6,379      22,012
    Unamortized discounts on securities     
      held outright (5)                          -15,730        -386      -8,952         -427        -471        -961        -880        -627        -199        -116        -219        -560      -1,932
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            186           0           0            0           0           0           2          18          64          84          10           7           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,705           0       1,705            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     210           0           0            0           0           0         210           0           0           0           0           0           0
  Bank premises                                    2,210         119         430           73         105         206         207         201         115          90         240         225         197
  Central bank liquidity swaps (8)                   930          41         307           51          71         207          52          25          10           4           9          12         141
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   21,426         947       7,071        1,179       1,632       4,778       1,189         574         220          92         214         272       3,259
  Other assets (10)                               32,054         827      17,759          875         968       2,135       1,811       1,293         501         268         503       1,164       3,949
  Interdistrict settlement account                     0  -   19,139  -   32,937   -   18,329  +    1,928  -   12,055  +    8,267  +    3,538  +      926  +      294  -      491  +   15,962  +   52,036
                                                                                                                                                                                                         
Total assets                                   4,466,793      91,228   2,497,978      103,762     137,137     265,032     259,824     182,021      57,780      33,536      62,165     175,249     601,081

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, August 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            1,602,229      50,017     519,810      50,065      81,848     112,105     221,770     105,868      50,318      27,735      41,218     133,492     207,981
    Less: Notes held by F.R. Banks               183,295       5,817      57,618       5,948       9,082      13,234      27,208      11,642       5,133       2,822       5,029      15,340      24,423
      Federal Reserve notes, net               1,418,934      44,200     462,192      44,117      72,767      98,871     194,562      94,227      45,185      24,913      36,189     118,153     183,558
  Reverse repurchase agreements (11)             311,254       7,646     177,125       8,451       9,322      19,022      17,421      12,402       3,928       2,295       4,332      11,079      38,233
  Deposits                                     2,688,729      37,417   1,841,925      48,769      51,722     137,597      44,911      73,564       8,069       5,804      21,104      45,231     372,617
    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                           2,403,064      37,410   1,563,378      48,766      51,719     137,453      44,902      66,652       8,040       5,804      21,103      45,230     372,608
    U.S. Treasury, General Account               245,682           0     245,682           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,197           2       5,170           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    34,787           5      27,695           1           0         135           7       6,911          29           0           1           1           3
  Deferred availability cash items                   460           0           0           0           0           0         256           0           0         204           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 2,584          76       1,329          85         107         261         150          97          33          15          29          76         326
  Other liabilities and accrued             
     dividends                                     4,724         142       2,256         179         183         472         306         243         134         135         119         202         354
                                                                                                                                                                                                        
Total liabilities                              4,426,685      89,482   2,484,826     101,602     134,099     256,223     257,606     180,532      57,349      33,366      61,772     174,741     595,088
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,108       1,305       9,853       1,611       2,276       6,579       1,662       1,221         328         128         293         381       4,472
  Surplus                                         10,000         442       3,299         550         762       2,230         555         268         103          43         100         127       1,521
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,466,793      91,228   2,497,978     103,762     137,137     265,032     259,824     182,021      57,780      33,536      62,165     175,249     601,081

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, August 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. 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   
                                                                                           Aug 3, 2016  

Federal Reserve notes outstanding                                                            1,602,229  
  Less: Notes held by F.R. Banks not subject to collateralization                              183,295  
    Federal Reserve notes to be collateralized                                               1,418,934  
Collateral held against Federal Reserve notes                                                1,418,934  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,402,697  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,226,461  
  Less: Face value of securities under reverse repurchase agreements                           287,506  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,938,955  

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.