FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                    July 21, 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  Jul 20, 2016 
Federal Reserve Banks                                     Jul 20, 2016 Jul 13, 2016 Jul 22, 2015              

Reserve Bank credit                                         4,439,281   +    7,665   -   21,786    4,441,669  
  Securities held outright (1)                              4,240,111   +    8,974   -    4,711    4,242,398  
    U.S. Treasury securities                                2,462,612   +      113   +    1,290    2,462,652  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,341,683   +    3,126   -    4,958    2,342,204  
      Notes and bonds, inflation-indexed (2)                  104,035   -    2,634   +    5,501      103,596  
      Inflation compensation (3)                               16,894   -      380   +      748       16,852  
    Federal agency debt securities (2)                         23,536   -    1,560   -   11,672       22,492  
    Mortgage-backed securities (4)                          1,753,963   +   10,422   +    5,670    1,757,254  
  Unamortized premiums on securities held outright (5)        180,357   +       94   -   17,283      180,399  
  Unamortized discounts on securities held outright (5)       -15,809   +       96   +    1,631      -15,786  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           235   +       51   +       43          200  
    Primary credit                                                 56   +       30   +       54           15  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               179   +       22   -       11          185  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,712            0   +       14        1,713  
  Float                                                          -344   -       52   -       12         -141  
  Central bank liquidity swaps (8)                                185   -    2,214   -      474          185  
  Other Federal Reserve assets (9)                             32,834   +      717   -      994       32,702  
Foreign currency denominated assets (10)                       20,905   -      340   +    1,502       20,789  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             47,969   +       14   +      892       47,969  
                                                                                                              
Total factors supplying reserve funds                       4,524,396   +    7,340   -   19,393    4,526,668  

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  Jul 20, 2016 
Federal Reserve Banks                                     Jul 20, 2016 Jul 13, 2016 Jul 22, 2015              

Currency in circulation (11)                                 1,462,204   -    2,698   +   92,312    1,462,600 
Reverse repurchase agreements (12)                             309,389   -    6,432   +   43,659      328,316 
  Foreign official and international accounts                  252,775   +    1,501   +  101,837      248,948 
  Others                                                        56,614   -    7,933   -   58,178       79,368 
Treasury cash holdings                                              63   -        7   -       33           81 
Deposits with F.R. Banks, other than reserve balances          377,177   -      236   +  166,695      369,996 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               329,150   +   13,086   +  134,378      327,138 
  Foreign official                                               5,200   +        4   -       43        5,219 
  Other (13)                                                    42,827   -   13,326   +   32,361       37,639 
Other liabilities and capital (14)                              47,910   -      174   -   18,136       47,424 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,196,742   -    9,549   +  284,496    2,208,417 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,327,654   +   16,888   -  303,889    2,318,251 

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  Jul 20, 2016 
                                                          Jul 20, 2016 Jul 13, 2016 Jul 22, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,228,447   +    6,027   -  111,906    3,224,251 
  Marketable U.S. Treasury securities (1)                    2,905,099   -      887   -   92,053    2,902,485 
  Federal agency debt and mortgage-backed securities (2)       266,396   +    5,592   -   32,552      264,666 
  Other securities (3)                                          56,951   +    1,320   +   12,698       57,100 
Securities lent to dealers                                      21,155   -    3,032   +   10,238       20,129 
  Overnight facility (4)                                        21,155   -    3,032   +   10,238       20,129 
    U.S. Treasury securities                                    21,144   -    3,027   +   10,285       20,122 
    Federal agency debt securities                                  11   -        5   -       47            7 

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, July 20, 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                                          185            15             0             0             0           ...           200 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                   7,193        20,153       147,715     1,197,133       452,290       638,167     2,462,652 
  Weekly changes                        +    3,546    -    7,193    +    1,257    +    1,232    +      418    +      850    +      111 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         3,999        10,396         5,750             0         2,347        22,492 
  Weekly changes                        -    2,604    +    1,999    -    1,999             0             0             0    -    2,604 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0         1,058        10,305     1,745,891     1,757,254 
  Weekly changes                                 0             0             0    +        4    +      783    +   12,926    +   13,713 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               185             0             0             0             0             0           185 
                                                                                                                                       
Reverse repurchase agreements (4)          328,316             0           ...           ...           ...           ...       328,316 
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   
                                                                                                                      Jul 20, 2016  

Mortgage-backed securities held outright (1)                                                                             1,757,254  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           22,532  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    0  



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   
                                                                                                                      Jul 20, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,713  
                                                                                                                                    
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 March 31, 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       Jul 20, 2016   Wednesday    Wednesday  
                                                        consolidation                Jul 13, 2016 Jul 22, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,896   +       28   +       11  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,407,211   +   11,491   -   18,984  
    Securities held outright (1)                                          4,242,398   +   11,220   -    3,525  
      U.S. Treasury securities                                            2,462,652   +      111   +    1,282  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,342,204   +    3,647   -    4,437  
        Notes and bonds, inflation-indexed (2)                              103,596   -    3,073   +    5,062  
        Inflation compensation (3)                                           16,852   -      464   +      658  
      Federal agency debt securities (2)                                     22,492   -    2,604   -   12,601  
      Mortgage-backed securities (4)                                      1,757,254   +   13,713   +    7,794  
    Unamortized premiums on securities held outright  
    (5)                                                                     180,399   +      253   -   17,103  
    Unamortized discounts on securities held outright 
    (5)                                                                     -15,786   +      107   +    1,642  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       200   -       89   +        3  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,713   +        1   +       15  
  Items in process of collection                                   (0)          240   +       11   +      183  
  Bank premises                                                               2,214   +        2   -       27  
  Central bank liquidity swaps (8)                                              185   -    2,035   -      474  
  Foreign currency denominated assets (9)                                    20,789   -      329   +    1,375  
  Other assets (10)                                                          30,488   -      398   -    1,630  
                                                                                                               
Total assets                                                       (0)    4,480,973   +    8,771   -   19,530  

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       Jul 20, 2016   Wednesday    Wednesday  
                                                        consolidation                Jul 13, 2016 Jul 22, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,416,605   -    1,990   +   90,891 
  Reverse repurchase agreements (11)                                         328,316   +   28,840   +   62,121 
  Deposits                                                          (0)    2,688,247   -   18,407   -  155,286 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,318,251   -    9,050   -  327,206 
    U.S. Treasury, General Account                                           327,138   +   19,431   +  143,935 
    Foreign official                                                           5,219   +       23   -       24 
    Other (12)                                                      (0)       37,639   -   28,811   +   28,009 
  Deferred availability cash items                                  (0)          382   -      258   -       49 
  Other liabilities and accrued dividends (13)                                 7,332   +      601   +      998 
                                                                                                               
Total liabilities                                                   (0)    4,440,881   +    8,786   -    1,326 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,092   -       15   +      944 
  Surplus                                                                     10,000            0   -   19,148 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,092   -       15   -   18,204 

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, July 20, 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                                             1,896          45          66          148         139         300         195         277          31          56         132         189         319
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,407,211     108,259   2,507,885      119,660     131,983     269,329     246,664     175,621      55,681      32,572      61,344     156,872     541,341
    Securities held outright (1)               4,242,398     104,216   2,414,209      115,190     127,053     259,269     237,444     169,038      53,542      31,277      59,043     151,007     521,110
      U.S. Treasury securities                 2,462,652      60,496   1,401,414       66,866      73,752     150,502     137,833      98,124      31,081      18,156      34,274      87,657     302,497
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,462,652      60,496   1,401,414       66,866      73,752     150,502     137,833      98,124      31,081      18,156      34,274      87,657     302,497
      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)           1,757,254      43,167     999,996       47,713      52,627     107,392      98,352      70,018      22,178      12,955      24,456      62,549     215,850
    Unamortized premiums on securities held 
      outright (5)                               180,399       4,432     102,659        4,898       5,403      11,025      10,097       7,188       2,277       1,330       2,511       6,421      22,159
    Unamortized discounts on securities     
      held outright (5)                          -15,786        -388      -8,983         -429        -473        -965        -884        -629        -199        -116        -220        -562      -1,939
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            200           0           0            0           0           0           7          24          61          82          10           5          11
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,713           0       1,713            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     240           0           0            0           0           0         239           0           0           1           0           0           0
  Bank premises                                    2,214         120         429           73         106         207         208         202         115          90         241         225         197
  Central bank liquidity swaps (8)                   185           8          61           10          14          41          10           5           2           1           2           2          28
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   20,789         919       6,861        1,144       1,583       4,636       1,154         557         213          89         208         264       3,162
  Other assets (10)                               30,488         789      16,856          833         918       2,043       1,715       1,226         463         251         478       1,158       3,757
  Interdistrict settlement account                     0  -   27,804  +   38,832   -   20,278  -    9,214  -   28,151  +    5,138  +    3,896  +      190  -      222  -    1,618  +   10,463  +   28,768
                                                                                                                                                                                                         
Total assets                                   4,480,973      82,887   2,578,109      102,159     126,352     249,578     257,519     182,960      57,206      33,120      61,236     170,329     579,518

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, July 20, 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            1,597,508      49,865     516,041      49,830      81,660     111,914     222,067     106,326      50,397      27,766      41,287     133,044     207,309
    Less: Notes held by F.R. Banks               180,904       5,754      55,734       6,033       8,961      13,183      26,951      11,347       5,206       2,776       4,916      15,168      24,873
      Federal Reserve notes, net               1,416,605      44,111     460,307      43,796      72,699      98,731     195,116      94,979      45,191      24,991      36,371     117,876     182,436
  Reverse repurchase agreements (11)             328,316       8,065     186,834       8,914       9,832      20,065      18,376      13,082       4,144       2,421       4,569      11,686      40,328
  Deposits                                     2,688,247      28,756   1,914,034      47,041      40,535     121,393      41,100      73,057       7,288       5,244      19,751      39,952     350,095
    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                           2,318,251      28,748   1,551,156      47,038      40,532     121,271      41,091      66,104       7,280       5,243      19,750      39,951     350,086
    U.S. Treasury, General Account               327,138           0     327,138           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,219           2       5,193           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    37,639           7      30,547           1           0         112           7       6,952           8           0           1           0           3
  Deferred availability cash items                   382           0           0           0           0           0         241           0           0         141           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,066          17         710          17          15          -4          69          40          14          11          11          51         114
  Other liabilities and accrued             
     dividends                                     6,266         191       3,072         228         233         584         398         313         150         143         141         256         555
                                                                                                                                                                                                        
Total liabilities                              4,440,881      81,141   2,564,957      99,998     123,315     240,769     255,300     181,471      56,788      32,950      60,844     169,822     573,528
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,092       1,305       9,853       1,611       2,276       6,579       1,664       1,221         316         128         292         380       4,469
  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                  4,480,973      82,887   2,578,109     102,159     126,352     249,578     257,519     182,960      57,206      33,120      61,236     170,329     579,518

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, July 20, 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   
                                                                                          Jul 20, 2016  

Federal Reserve notes outstanding                                                            1,597,508  
  Less: Notes held by F.R. Banks not subject to collateralization                              180,904  
    Federal Reserve notes to be collateralized                                               1,416,605  
Collateral held against Federal Reserve notes                                                1,416,605  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,400,368  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,242,398  
  Less: Face value of securities under reverse repurchase agreements                           301,769  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,940,630  

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.