---

`FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                 October 20, 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  Oct 19, 2016 
Federal Reserve Banks                                     Oct 19, 2016 Oct 12, 2016 Oct 21, 2015              

Reserve Bank credit                                         4,434,675   +   17,254   -   22,703    4,427,721  
  Securities held outright (1)                              4,239,055   +   18,197   -    7,095    4,232,747  
    U.S. Treasury securities                                2,463,512   +       23   +    1,662    2,463,520  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,340,976            0   -    5,663    2,340,976  
      Notes and bonds, inflation-indexed (2)                  105,224            0   +    6,690      105,224  
      Inflation compensation (3)                               17,312   +       23   +      635       17,320  
    Federal agency debt securities (2)                         19,921   -      571   -   14,225       18,493  
    Mortgage-backed securities (4)                          1,755,623   +   18,746   +    5,470    1,750,733  
  Unamortized premiums on securities held outright (5)        176,997   +      474   -   16,085      176,735  
  Unamortized discounts on securities held outright (5)       -15,394   +       32   +    1,527      -15,379  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           116   -       54   -       78           94  
    Primary credit                                                  6            0            0            1  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               110   -       55   -       79           92  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,709   +        1   +        4        1,709  
  Float                                                          -379   -       26   -      654         -427  
  Central bank liquidity swaps (8)                                240   -    2,980   +      100          180  
  Other Federal Reserve assets (9)                             32,331   +    1,610   -      422       32,063  
Foreign currency denominated assets (10)                       21,007   -      158   +      775       21,023  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             48,253   +       14   +      849       48,253  
                                                                                                              
Total factors supplying reserve funds                       4,520,176   +   17,110   -   21,079    4,513,238  

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  Oct 19, 2016 
Federal Reserve Banks                                     Oct 19, 2016 Oct 12, 2016 Oct 21, 2015              

Currency in circulation (11)                                 1,477,007   -    1,143   +   85,396    1,476,873 
Reverse repurchase agreements (12)                             393,622   -   55,828   +   88,967      431,168 
  Foreign official and international accounts                  240,446   +    9,867   +   65,057      239,358 
  Others                                                       153,176   -   65,695   +   23,911      191,810 
Treasury cash holdings                                             172   +       16   -       21          176 
Deposits with F.R. Banks, other than reserve balances          454,182   +   56,416   +  369,382      452,596 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               391,988   +   35,803   +  331,585      409,693 
  Foreign official                                               5,165   -        7   -      285        5,165 
  Other (13)                                                    57,029   +   20,621   +   38,082       37,737 
Other liabilities and capital (14)                              47,977   +      199   -   18,712       46,615 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,372,960   -      340   +  525,012    2,407,428 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,147,216   +   17,450   -  546,090    2,105,811 

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  Oct 19, 2016 
                                                          Oct 19, 2016 Oct 12, 2016 Oct 21, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,122,437   -   23,695   -  179,015    3,116,761 
  Marketable U.S. Treasury securities (1)                    2,801,337   -   23,533   -  175,551    2,796,793 
  Federal agency debt and mortgage-backed securities (2)       261,354   +      107   -   17,295      260,729 
  Other securities (3)                                          59,745   -      270   +   13,830       59,238 
Securities lent to dealers                                      23,049   -    3,987   +    7,273       21,348 
  Overnight facility (4)                                        23,049   -    3,987   +    7,273       21,348 
    U.S. Treasury securities                                    23,019   -    3,975   +    7,289       21,324 
    Federal agency debt securities                                  30   -       12   -       17           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, October 19, 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                                           92             1             0             0             0           ...            94 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                   6,529        38,905       146,892     1,202,720       433,461       635,014     2,463,520 
  Weekly changes                        +    6,529    -    3,436    -    3,092    +        4    +        4    +       15    +       23 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         2,313         9,423         4,410             0         2,347        18,493 
  Weekly changes                        -    1,999             0             0             0             0             0    -    1,999 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0         1,590        11,747     1,737,397     1,750,733 
  Weekly changes                                 0             0             0    -        7    +      455    +   13,409    +   13,856 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               180             0             0             0             0             0           180 
                                                                                                                                       
Reverse repurchase agreements (4)          431,168             0           ...           ...           ...           ...       431,168 
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   
                                                                                                                      Oct 19, 2016  

Mortgage-backed securities held outright (1)                                                                             1,750,733  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           37,854  
Commitments to sell mortgage-backed securities (2)                                                                               5  
                                                                                                                                    
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   
                                                                                                                      Oct 19, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,709  
                                                                                                                                    
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       Oct 19, 2016   Wednesday    Wednesday  
                                                        consolidation                Oct 12, 2016 Oct 21, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,898   -        3   +        5  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,394,197   +   12,164   -   33,405  
    Securities held outright (1)                                          4,232,747   +   11,881   -   18,433  
      U.S. Treasury securities                                            2,463,520   +       23   +    1,683  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,340,976            0   -    5,663  
        Notes and bonds, inflation-indexed (2)                              105,224            0   +    6,690  
        Inflation compensation (3)                                           17,320   +       23   +      657  
      Federal agency debt securities (2)                                     18,493   -    1,999   -   15,653  
      Mortgage-backed securities (4)                                      1,750,733   +   13,856   -    4,464  
    Unamortized premiums on securities held outright  
    (5)                                                                     176,735   +      301   -   16,408  
    Unamortized discounts on securities held outright 
    (5)                                                                     -15,379   +       38   +    1,528  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                        94   -       56   -       93  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,709            0   +        4  
  Items in process of collection                                   (0)           76   -       28   -      492  
  Bank premises                                                               2,203   +        2   -       32  
  Central bank liquidity swaps (8)                                              180   -    3,040   +       40  
  Foreign currency denominated assets (9)                                    21,023   +       49   +      838  
  Other assets (10)                                                          29,860   +      540   -      947  
                                                                                                               
Total assets                                                       (0)    4,467,382   +    9,684   -   33,990  

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       Oct 19, 2016   Wednesday    Wednesday  
                                                        consolidation                Oct 12, 2016 Oct 21, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,430,689   -    1,977   +   83,679 
  Reverse repurchase agreements (11)                                         431,168   +    8,068   +   99,869 
  Deposits                                                          (0)    2,558,407   +    3,931   -  198,312 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,105,811   -   56,275   -  569,777 
    U.S. Treasury, General Account                                           409,693   +   66,818   +  352,607 
    Foreign official                                                           5,165            0   -       93 
    Other (12)                                                      (0)       37,737   -    6,613   +   18,951 
  Deferred availability cash items                                  (0)          503   -       80   +      137 
  Other liabilities and accrued dividends (13)                                 6,436   -      262   -      944 
                                                                                                               
Total liabilities                                                   (0)    4,427,203   +    9,681   -   15,571 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,179   +        3   +      880 
  Surplus                                                                     10,000            0   -   19,299 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,179   +        3   -   18,419 

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, October 19, 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                                             1,898          48          74          160         132         299         180         283          32          54         127         190         319
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,394,197     107,943   2,500,539      119,310     131,596     268,540     245,934     175,095      55,475      32,439      61,168     156,414     539,745
    Securities held outright (1)               4,232,747     103,978   2,408,717      114,928     126,764     258,679     236,903     168,653      53,421      31,206      58,909     150,664     519,925
      U.S. Treasury securities                 2,463,520      60,517   1,401,908       66,890      73,778     150,555     137,881      98,159      31,092      18,162      34,286      87,688     302,604
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,463,520      60,517   1,401,908       66,890      73,778     150,555     137,881      98,159      31,092      18,162      34,286      87,688     302,604
      Federal agency debt securities (2)          18,493         454      10,524          502         554       1,130       1,035         737         233         136         257         658       2,272
      Mortgage-backed securities (4)           1,750,733      43,007     996,285       47,536      52,432     106,994      97,987      69,758      22,096      12,907      24,366      62,317     215,049
    Unamortized premiums on securities held 
      outright (5)                               176,735       4,342     100,574        4,799       5,293      10,801       9,892       7,042       2,231       1,303       2,460       6,291      21,709
    Unamortized discounts on securities     
      held outright (5)                          -15,379        -378      -8,752         -418        -461        -940        -861        -613        -194        -113        -214        -547      -1,889
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                             94           0           0            0           0           0           0          12          18          43          13           7           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,709           0       1,709            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      76           0           0            0           0           0          76           0           0           0           0           0           0
  Bank premises                                    2,203         118         429           72         105         205         207         201         114          90         240         224         196
  Central bank liquidity swaps (8)                   180           8          59           10          14          40          10           5           2           1           2           2          27
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   21,023         929       6,938        1,157       1,601       4,688       1,167         563         216          90         210         267       3,198
  Other assets (10)                               29,860         772      16,523          815         899       1,993       1,677       1,204         454         245         470       1,131       3,678
  Interdistrict settlement account                     0  -   21,107  +   20,076   -   10,879  -    8,737  -   26,308  +    9,574  +    3,571  +    4,504  +    2,037  -      686  +   21,588  +    6,366
                                                                                                                                                                                                         
Total assets                                   4,467,382      89,261   2,551,753      111,214     126,433     250,630     261,021     182,098      61,307      35,238      61,979     180,974     555,475

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, October 19, 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            1,616,903      50,040     524,470      51,583      80,837     114,162     223,890     108,696      49,879      28,148      42,132     134,083     208,981
    Less: Notes held by F.R. Banks               186,214       6,567      49,292       6,738      10,070      14,650      27,789      12,725       5,587       3,205       6,048      16,244      27,300
      Federal Reserve notes, net               1,430,689      43,473     475,178      44,845      70,767      99,513     196,101      95,972      44,292      24,944      36,084     117,839     181,682
  Reverse repurchase agreements (11)             431,168      10,592     245,364      11,707      12,913      26,350      24,132      17,180       5,442       3,179       6,001      15,347      52,962
  Deposits                                     2,558,407      33,242   1,815,135      52,250      39,317     115,338      38,057      67,126      10,977       6,367      19,358      46,998     314,242
    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                           2,105,811      33,236   1,372,022      52,248      39,314     115,026      38,048      58,004      10,962       6,367      19,357      46,995     314,233
    U.S. Treasury, General Account               409,693           0     409,693           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,165           2       5,139           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    37,737           4      28,281           0           0         304           7       9,121          14           0           1           3           3
  Deferred availability cash items                   503           0           0           0           0           0          74           0           0         428           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,677          42         951          46          51         104         102          67          21          12          18          61         203
  Other liabilities and accrued             
     dividends                                     4,759         163       2,086         194         203         513         336         258         140         139         127         214         385
                                                                                                                                                                                                        
Total liabilities                              4,427,203      87,511   2,538,714     109,043     123,250     241,818     258,803     180,602      60,871      35,068      61,588     180,460     549,474
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,179       1,307       9,741       1,621       2,420       6,581       1,663       1,228         333         127         291         388       4,479
  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                  4,467,382      89,261   2,551,753     111,214     126,433     250,630     261,021     182,098      61,307      35,238      61,979     180,974     555,475

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, October 19, 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   
                                                                                          Oct 19, 2016  

Federal Reserve notes outstanding                                                            1,616,903  
  Less: Notes held by F.R. Banks not subject to collateralization                              186,214  
    Federal Reserve notes to be collateralized                                               1,430,689  
Collateral held against Federal Reserve notes                                                1,430,689  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,414,452  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,232,747  
  Less: Face value of securities under reverse repurchase agreements                           402,573  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,830,174  

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.`

Statistical releases

---

Home Economic research and data  Accessibility Contact Us  Last update:  October 20, 2016