Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 868,136 + 2,363 + 29,261 876,859

Securities held outright 779,657 + 26 + 9,099 779,670

U.S. Treasury1 779,657 + 26 + 9,099 779,670

Bills2 267,019 0 - 10,000 267,019

Notes and bonds, nominal2 470,984 0 + 11,720 470,984

Notes and bonds, inflation-indexed2 36,911 0 + 6,806 36,911

Inflation compensation3 4,743 + 25 + 572 4,756

Federal agency2 0 0 0 0

Repurchase agreements4 48,286 + 5,036 + 16,322 55,000

Loans to depository institutions 481 - 86 + 282 58

Primary credit 434 - 89 + 334 11

Secondary credit 0 0 0 2

Seasonal credit 46 + 2 - 53 45

Float -624 + 293 - 243 1,277

Other Federal Reserve assets 40,337 - 2,905 + 3,803 40,853

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 2,200 0 0 2,200

Treasury currency outstanding5 38,737 + 14 + 578 38,737

Total factors supplying reserve funds 920,114 + 2,377 + 29,839 928,837

Currency in circulation5 820,760 - 318 + 17,750 823,673

Reverse repurchase agreements6 35,092 - 84 + 3,899 35,383

Foreign official and international accounts 35,092 - 84 + 3,899 35,383

Dealers 0 0 0 0

Treasury cash holdings 275 - 3 + 100 268

Deposits with F.R. Banks, other than reserve balances 11,768 - 186 - 78 12,109

U.S. Treasury, general account 4,959 - 184 + 296 5,324

Foreign official 98 - 4 + 7 96

Service-related 6,383 - 14 - 422 6,383

Required clearing balances 6,381 - 1 - 424 6,381

Adjustments to compensate for float 2 - 13 + 2 2

Other 328 + 16 + 40 306

Other liabilities and capital 42,895 - 37 + 7,730 42,930

Total factors, other than reserve balances,

absorbing reserve funds 910,790 - 628 + 29,401 914,363

Reserve balances with Federal Reserve Banks 9,324 + 3,005 + 438 14,474

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 2,025,772 - 2,963 + 316,166 2,027,434

U.S. Treasury 1,223,270 - 11,208 + 71,917 1,223,046

Federal agency 802,502 + 8,244 + 244,250 804,388

Securities lent to dealers 8,994 + 898 + 8,306 9,060

FEDERAL RESERVE statistical release

 November 23, 2007

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

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

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

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

5. Estimated.

6. Cash value of agreements, which are collateralized by U.S. Treasury securities.

7. Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.

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

Change from week ended Wednesday

 Nov 21, 2007 Week ended

 Nov 21, 2007 Nov 14, 2007 Nov 22, 2006
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

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

5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

6. Cash value of agreements, which are collateralized by U.S. Treasury securities.

7. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 2,200 0 0

Coin 1,178 - 25 + 373

Securities, repurchase agreements, and loans 834,728 + 5,528 + 19,716

Securities held outright 779,670 + 31 + 7,797

U.S. Treasury1 779,670 + 31 + 7,797

Bills2 267,019 0 - 10,000

Notes and bonds, nominal2 470,984 0 + 10,386

Notes and bonds, inflation-indexed2 36,911 0 + 6,806

Inflation compensation3 4,756 + 30 + 604

Federal agency2 0 0 0

Repurchase agreements4 55,000 + 5,500 + 12,000

Loans 58 - 2 - 81

Items in process of collection (568) 4,365 - 1,520 + 1,289

Bank premises 2,114 + 3 + 204

Other assets5 38,848 - 2,538 + 3,795

Total assets (568) 894,471 + 1,451 + 25,378

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 786,377 + 1,962 + 15,744

Reverse repurchase agreements6 35,383 + 680 + 6,048

Deposits (0) 26,693 + 305 - 2,535

Depository institutions 20,967 + 500 - 3,760

U.S. Treasury, general account 5,324 - 216 + 1,196

Foreign official 96 - 1 + 4

Other (0) 306 + 22 + 26

Deferred availability cash items (568) 3,088 - 2,040 - 1,413

Other liabilities and accrued dividends7 5,896 - 44 - 36

Total liabilities (568) 857,437 + 863 + 17,809

Capital accounts

Capital paid in 18,089 + 11 + 2,794

Surplus 15,457 + 1 + 4,903

Other capital accounts 3,488 + 575 - 128

Total capital 37,033 + 587 + 7,568

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Nov 22, 2006

Eliminations from

consolidation Wednesday

 Nov 21, 2007

Wednesday

 Nov 14, 2007

3. Maturity Distribution of Loans and Securities, November 21, 2007

Millions of dollars

 Federal agency

securities

Weekly

changes Holdings

 U.S. Treasury

securities1

Holdings Weekly

changes

Loans Repurchase

agreements2

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

 . . . Not applicable.

1. 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.

2. Cash value of agreements classified by remaining maturity of the agreements.

Reverse

repurchase

agreements2

Within 15 days 58 56,879 - 1,529 0 0 55,000 35,383

16 days to 90 days 0 160,025 + 2,397 0 0 0 0

91 days to 1 year 0 160,545 - 334 0 0 . . . . . . 

Over 1 year to 5 years . . . 231,526 - 9,527 0 0 . . . . . . 

Over 5 years to 10 years . . . 81,927 + 6,443 0 0 . . . . . . 

Over 10 years . . . 88,767 + 2,579 0 0 . . . . . . 

All 58 779,670 + 31 0 0 55,000 35,383

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on November 21, 2007Millions of dollars

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

AssetsGold certificate accountSpecial drawing rights certificate acct.CoinSecurities, repurchase agreements,

and loans

Securities held outright

U.S. Treasury1

Bills2Notes and bonds3

Federal agency2

Repurchase agreements4Loans

Items in process of collectionBank premisesOther assets5Interdistrict settlement account

Total assets

Note: Components may not sum to totals because of rounding.1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.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 sec4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

 11,037 2,200 1,178 834,728 779,670 779,670 267,019 512,651 0 55,000 58 4,934 2,114 38,848 0 895,039

Assets, liabilities, and capital

 4,053 874 63 302,232 282,316 282,316 96,687 185,630 0 19,915 0 69 216 11,836 + 6,929 326,270

 449 115 36 38,466 35,932 35,932 12,306 23,626 0 2,535 0 99 119 1,259 - 3,059 37,485

 455 83 85 36,933 34,493 34,493 11,813 22,680 0 2,433 7 293 62 3,512 - 1,691 39,732

 428 104 113 34,157 31,907 31,907 10,927 20,979 0 2,251 0 2,365 154 2,275 - 2,709 36,887

 869 147 133 72,318 67,552 67,552 23,135 44,417 0 4,765 0 253 179 7,579 + 5,228 86,705

 1,117 166 158 77,414 72,313 72,313 24,765 47,547 0 5,101 0 234 230 3,279 - 1,898 80,700

 903 212 131 70,017 65,396 65,396 22,397 43,000 0 4,613 8 144 206 2,474 - 140 73,948

 326 71 49 26,679 24,919 24,919 8,534 16,385 0 1,758 2 78 107 718 + 2,819 30,848

 2   16,6 15,5 15,5 5,3 10,2  1,0  2 1 7 - 1 17,8
 1,004,450

 218,073 786,377 786,377 11,037 2,200 773,140 0 834,670 35,423 799,247

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

LiabilitiesFederal Reserve notes outstanding

Less: notes held by F.R. Banks

Federal Reserve notes, net

Reverse repurchase agreements1

Deposits

Depository institutionsU.S. Treasury, general accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends2

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

Note: Components may not sum to totals because of rounding.1. Cash value of agreements, which are collateralized by U.S. Treasury securities.2. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

 1,004,450 218,073 786,377 35,383 26,693 20,967 5,324 96 306 3,656 5,896 858,006 18,089 15,457 3,488 895,039

 38,373 5,793 32,580 1,631 1,036 1,021 0 1 14 198 264 35,709 985 396 395 37,485

 360,718 70,451 290,267 12,812 12,279 6,702 5,324 66 188 96 1,727 317,181 4,354 3,842 894 326,270

 41,003 7,698 33,305 1,565 369 361 0 5 3 504 282 36,025 1,813 1,811 82 39,732

 38,227 7,225 31,002 1,448 1,404 1,400 0 3 1 416 274 34,544 1,154 1,088 101 36,887

 81,120 14,016 67,104 3,066 4,930 4,832 0 11 87 342 953 76,394 5,093 4,099 1,119 86,705

 109,310 37,261 72,049 3,282 1,556 1,552 0 3 1 356 526 77,769 1,410 1,278 242 80,700

 81,231 14,210 67,020 2,968 1,350 1,346 0 2 1 299 469 72,107 880 861 99 73,948

 32,575 3,857 28,718 1,131 297 286 0 0 11 98 215 30,459 180 167 42 30,848

 18,2 2,8 15,3 7 5 5    2 1 17,1 3 2 1 17,8

                

H.4.14. Statement of Condition of Each Federal Reserve Bank on November 21, 2007 (continued)Millions of dollars

Assets, liabilities, and capital

Federal Reserve notes outstanding

Less: Notes held by F.R. Banks

not subject to collateralization

Federal Reserve notes to be collateralized

Collateral held against Federal Reserve notes

Gold certificate accountSpecial drawing rights certificate accountU.S. Treasury and agency securities pledged1Other assets pledged

Memo:Total U.S. Treasury and agency securities1

Less: face value of securities under

reverse repurchase agreements

U.S. Treasury and agency securities

eligible to be pledged

5. Collateral Held against Federal Reserve Notes:Federal Reserve Agents' AccountsMillions of dollarsFederal Reserve notes and collateral Wednesday

 Nov 21, 2007

Note: Components may not sum to totals because of rounding.1. Includes face value of U.S. Treasury and agency securities held outright,

compensation to adjust for the effect of inflation on the original face value ofinflation-indexed securities, and cash value of repurchase agreements.