FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks December 1, 2016

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Nov 30, 2016 Nov 23, 2016 Dec 2, 2015

Wednesday

Nov 30, 2016

Reserve Bank credit 4,410,932 - 11,219 - 29,166 4,407,066

Securities held outright1 4,225,621 - 11,247 - 13,722 4,223,028

U.S. Treasury securities 2,463,833 + 66 + 2,223 2,463,861

Bills2 0 0 0 0

Notes and bonds, nominal2 2,340,507 - 167 - 6,132 2,339,503

Notes and bonds, inflation-indexed2 105,693 + 167 + 7,159 106,697

Inflation compensation3 17,632 + 65 + 1,195 17,661

Federal agency debt securities2 18,493 0 - 14,451 18,493

Mortgage-backed securities4 1,743,295 - 11,312 - 1,494 1,740,674

Unamortized premiums on securities held outright5 174,987 - 591 - 15,998 174,779

Unamortized discounts on securities held outright5 -15,205 + 31 + 1,512 -15,229

Repurchase agreements6 0 0 - 84 0

Loans 38 + 9 - 49 40

Primary credit 8 + 4 + 4 10

Secondary credit 0 0 0 0

Seasonal credit 30 + 5 - 54 29

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,701 - 6 - 14 1,707

Float -607 - 229 - 843 -1,379

Central bank liquidity swaps8 1,177 + 976 + 1,041 1,340

Other Federal Reserve assets9 23,221 - 160 - 1,006 22,780

Foreign currency denominated assets10 19,831 - 182 + 639 19,738

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding11 48,337 + 14 + 793 48,337

Total factors supplying reserve funds 4,495,341 - 11,387 - 27,734 4,491,381

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

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

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Nov 30, 2016 Nov 23, 2016 Dec 2, 2015

Wednesday

Nov 30, 2016

Currency in circulation11 1,494,652 + 3,550 + 83,273 1,494,981

Reverse repurchase agreements12 389,349 + 24,118 + 100,168 462,691

Foreign official and international accounts 249,822 + 2,255 + 54,680 254,167

Others 139,528 + 21,864 + 45,490 208,524

Treasury cash holdings 166 - 13 - 73 162

Deposits with F.R. Banks, other than reserve balances 468,188 - 4,410 + 231,054 472,657

Term deposits held by depository institutions 0 0 0 0

U.S. Treasury, General Account 409,360 + 9,695 + 196,604 422,034

Foreign official 5,175 - 6 - 238 5,169

Other13 53,653 - 14,099 + 34,687 45,454

Other liabilities and capital14 46,302 - 413 - 19,939 45,579

Total factors, other than reserve balances,

absorbing reserve funds 2,398,657 + 22,831 + 394,483 2,476,069

Reserve balances with Federal Reserve Banks 2,096,684 - 34,217 - 422,217 2,015,312

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.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Memorandum item Week ended Change from week ended

Nov 30, 2016 Nov 23, 2016 Dec 2, 2015

Wednesday

Nov 30, 2016

Securities held in custody for foreign official and international

accounts 3,126,798 + 6,369 - 197,477 3,129,747

Marketable U.S. Treasury securities1 2,802,652 + 4,458 - 203,381 2,804,920

Federal agency debt and mortgage-backed securities2 264,425 + 2,362 - 7,688 264,971

Other securities3 59,721 - 451 + 13,592 59,856

Securities lent to dealers 22,214 + 510 + 8,078 23,316

Overnight facility4 22,214 + 510 + 8,078 23,316

U.S. Treasury securities 22,199 + 520 + 8,153 23,288

Federal agency debt securities 15 - 10 - 75 28

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, November 30, 2016

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans 32 8 0 0 0 ... 40

U.S. Treasury securities1

Holdings 0 42,493 146,820 1,241,826 399,648 633,074 2,463,861

Weekly changes - 10,537 + 13,177 - 5,306 - 1,473 + 4,163 + 36 + 60

Federal agency debt securities2

Holdings 1,044 4,120 8,938 2,044 0 2,347 18,493

Weekly changes + 1,044 - 1,044 0 0 0 0 0

Mortgage-backed securities3

Holdings 0 0 0 71 10,683 1,729,920 1,740,674

Weekly changes 0 0 0 - 1,508 + 1,131 - 17,986 - 18,362

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

Central bank liquidity swaps5 1,340 0 0 0 0 0 1,340

Reverse repurchase agreements4 462,691 0 ... ... ... ... 462,691

Term deposits 0 0 0 ... ... ... 0

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

...Not applicable.

1. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of inflation on the

original face value of such securities.

2. Face value.

3. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

4. Cash value of agreements.

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

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

central bank.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday Account name Nov 30, 2016

Mortgage-backed securities held outright1 1,740,674

Commitments to buy mortgage-backed securities2 36,677

Commitments to sell mortgage-backed securities2 58

Cash and cash equivalents3 7

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

2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls, and coupon swaps.

3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5 and table 6.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday Account name Nov 30, 2016

Net portfolio holdings of Maiden Lane LLC1 1,707

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

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

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 0

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

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of September 30, 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.
H.4.1

5. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Nov 30, 2016 Nov 23, 2016 Dec 2, 2015

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,829 - 1 - 25

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,382,618 - 19,170 - 31,522

Securities held outright1 4,223,028 - 18,302 - 16,306

U.S. Treasury securities 2,463,861 + 60 + 2,260

Bills2 0 0 0

Notes and bonds, nominal2 2,339,503 - 1,171 - 7,136

Notes and bonds, inflation-indexed2 106,697 + 1,171 + 8,163

Inflation compensation3 17,661 + 60 + 1,233

Federal agency debt securities2 18,493 0 - 14,451

Mortgage-backed securities4 1,740,674 - 18,362 - 4,115

Unamortized premiums on securities held outright5 174,779 - 851 - 16,070

Unamortized discounts on securities held outright5 -15,229 - 11 + 1,477

Repurchase agreements6 0 0 - 590

Loans 40 - 7 - 32

Net portfolio holdings of Maiden Lane LLC7 1,707 + 7 - 9

Items in process of collection (0) 57 - 6 - 316

Bank premises 2,210 + 6 - 17

Central bank liquidity swaps8 1,340 + 1,139 + 1,205

Foreign currency denominated assets9 19,738 - 96 + 541

Other assets10 20,571 - 1,353 - 1,619

Total assets (0) 4,446,307 - 19,475 - 31,762

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

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

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Nov 30, 2016 Nov 23, 2016 Dec 2, 2015

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,448,631 + 275 + 82,029

Reverse repurchase agreements11 462,691 + 88,332 + 192,342

Deposits (0) 2,487,970 - 108,282 - 287,420

Term deposits held by depository institutions 0 0 0

Other deposits held by depository institutions 2,015,313 - 87,871 - 516,877

U.S. Treasury, General Account 422,034 + 35,351 + 204,767

Foreign official 5,169 + 3 - 52

Other12 (0) 45,454 - 55,765 + 24,742

Deferred availability cash items (0) 1,437 + 915 + 1,138

Other liabilities and accrued dividends13 5,200 - 724 - 1,545

Total liabilities (0) 4,405,928 - 19,485 - 13,456

Capital accounts

Capital paid in 30,379 + 9 + 1,036

Surplus 10,000 0 - 19,343

Other capital accounts 0 0 0

Total capital 40,379 + 9 - 18,306

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.
H.4.1

6. Statement of Condition of Each Federal Reserve Bank, November 30, 2016

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco

Assets

Gold certificate account 11,037 355 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 1,829 46 66 161 129 301 172 276 27 50 113 184 304

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,382,618 107,659 2,493,982 118,997 131,252 267,836 245,297 174,630 55,314 32,322 61,000 156,001 538,329

Securities held outright1 4,223,028 103,740 2,403,186 114,664 126,473 258,085 236,359 168,266 53,298 31,135 58,774 150,318 518,731

U.S. Treasury securities 2,463,861 60,525 1,402,102 66,899 73,789 150,576 137,900 98,172 31,096 18,165 34,291 87,701 302,646

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

Notes and bonds3 2,463,861 60,525 1,402,102 66,899 73,789 150,576 137,900 98,172 31,096 18,165 34,291 87,701 302,646

Federal agency debt securities2 18,493 454 10,524 502 554 1,130 1,035 737 233 136 257 658 2,272

Mortgage-backed securities4 1,740,674 42,760 990,560 47,263 52,130 106,379 97,424 69,357 21,969 12,833 24,226 61,959 213,814

Unamortized premiums on securities 

held outright5 174,779 4,293 99,461 4,746 5,234 10,681 9,782 6,964 2,206 1,289 2,432 6,221 21,469

Unamortized discounts on securities 

held outright5 -15,229 -374 -8,667 -414 -456 -931 -852 -607 -192 -112 -212 -542 -1,871

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

Loans 40 0 1 0 1 0 8 6 2 11 6 5 0

Net portfolio holdings of Maiden

Lane LLC7 1,707 0 1,707 0 0 0 0 0 0 0 0 0 0

Items in process of collection 57 0 0 0 0 0 57 0 0 0 0 0 0

Bank premises 2,210 117 441 72 106 204 206 201 114 90 239 224 196

Central bank liquidity swaps8 1,340 59 442 74 102 299 74 36 14 6 13 17 204

Foreign currency denominated

assets9 19,738 872 6,523 1,085 1,502 4,399 1,095 529 202 84 197 250 3,000

Other assets10 20,571 536 11,218 560 617 1,409 1,167 825 468 174 332 736 2,530

Interdistrict settlement account 0 - 21,628 - 9,954 - 10,298 - 8,757 - 14,045 + 16,367 + 8,080 + 3,907 + 4,144 + 882 + 18,872 + 12,429

Total assets 4,446,307 88,212 2,509,830 111,220 125,775 261,574 266,631 185,753 60,555 37,154 63,225 177,441 558,937

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

6. Statement of Condition of Each Federal Reserve Bank, November 30, 2016 (continued)

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco

Liabilities

Federal Reserve notes outstanding 1,630,918 50,594 533,950 51,972 80,594 113,349 223,338 109,393 49,760 28,398 43,966 135,531 210,073

Less: Notes held by F.R. Banks 182,286 5,951 50,909 6,605 9,211 13,804 26,740 11,665 5,510 3,107 5,819 16,318 26,647

Federal Reserve notes, net 1,448,631 44,644 483,042 45,366 71,382 99,545 196,598 97,728 44,250 25,290 38,147 119,213 183,425

Reverse repurchase agreements11 462,691 11,366 263,302 12,563 13,857 28,277 25,896 18,436 5,840 3,411 6,439 16,469 56,834

Deposits 2,487,970 30,284 1,748,114 50,897 37,072 124,413 41,373 67,806 9,878 6,777 18,110 41,009 312,238

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 2,015,313 30,278 1,288,998 50,895 37,069 124,174 41,363 54,562 9,859 6,777 18,108 41,006 312,224

U.S. Treasury, General Account 422,034 0 422,034 0 0 0 0 0 0 0 0 0 0

Foreign official 5,169 2 5,142 2 3 9 2 1 0 0 0 1 6

Other12 45,454 5 31,940 0 0 229 7 13,243 18 0 1 2 8

Deferred availability cash items 1,437 0 0 0 0 0 73 0 0 1,364 0 0 0

Earnings remittances due to the U.S.

Treasury13 1,156 33 673 28 35 61 73 46 14 7 12 39 133

Other liabilities and accrued

dividends 4,045 135 1,659 178 188 474 287 235 138 133 120 195 302

Total liabilities 4,405,928 86,462 2,496,790 109,033 122,533 252,769 264,300 184,251 60,120 36,983 62,829 176,926 552,933

Capital

Capital paid in 30,379 1,308 9,742 1,637 2,480 6,574 1,775 1,234 333 128 296 389 4,483

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 4,446,307 88,212 2,509,830 111,220 125,775 261,574 266,631 185,753 60,555 37,154 63,225 177,441 558,937

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

6. Statement of Condition of Each Federal Reserve Bank, November 30, 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).
H.4.1

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

Millions of dollars

Wednesday Federal Reserve notes and collateral Nov 30, 2016

Federal Reserve notes outstanding 1,630,918

Less: Notes held by F.R. Banks not subject to collateralization 182,286

Federal Reserve notes to be collateralized 1,448,631

Collateral held against Federal Reserve notes 1,448,631

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,432,394

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 4,223,028

Less: Face value of securities under reverse repurchase agreements 443,483

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,779,546

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.