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`FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                               September 21, 2017


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  Sep 20, 2017 
Federal Reserve Banks                                     Sep 20, 2017 Sep 13, 2017 Sep 21, 2016              

Reserve Bank credit                                         4,424,810   +    7,471   -    1,346    4,418,496  
  Securities held outright (1)                              4,248,287   +    6,387   +   13,276    4,242,728  
    U.S. Treasury securities                                2,465,455   -       21   +    1,932    2,465,448  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,337,326            0   -    4,321    2,337,326  
      Notes and bonds, inflation-indexed (2)                  109,412            0   +    4,859      109,412  
      Inflation compensation (3)                               18,717   -       21   +    1,394       18,709  
    Federal agency debt securities (2)                          6,757            0   -   13,735        6,757  
    Mortgage-backed securities (4)                          1,776,075   +    6,408   +   25,080    1,770,524  
  Unamortized premiums on securities held outright (5)        163,185   +        8   -   14,670      162,828  
  Unamortized discounts on securities held outright (5)       -14,493   +       35   +    1,032      -14,481  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           252   +       36   +       18          228  
    Primary credit                                                 31   +       29   +        1            2  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               221   +        7   +       18          225  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,708            0   +        1        1,708  
  Float                                                          -267   -       18   +       39         -460  
  Central bank liquidity swaps (8)                                 37   -       50   +       35           37  
  Other Federal Reserve assets (9)                             26,102   +    1,073   -    1,076       25,908  
Foreign currency denominated assets (10)                       21,454   -      231   +       76       21,471  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             49,148   +       14   +      815       49,148  
                                                                                                              
Total factors supplying reserve funds                       4,511,653   +    7,255   -      456    4,505,355  

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  Sep 20, 2017 
Federal Reserve Banks                                     Sep 20, 2017 Sep 13, 2017 Sep 21, 2016              

Currency in circulation (11)                                 1,579,671   +      187   +  110,979    1,580,714 
Reverse repurchase agreements (12)                             373,082   +   13,068   +    6,223      413,569 
  Foreign official and international accounts                  245,916   +    5,444   -    4,167      245,544 
  Others                                                       127,166   +    7,624   +   10,390      168,025 
Treasury cash holdings                                             175   +        4   +       61          186 
Deposits with F.R. Banks, other than reserve balances          218,107   +   61,221   -  166,708      234,433 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               127,782   +   57,550   -  212,666      151,204 
  Foreign official                                               5,166   +        1   +        1        5,165 
  Other (13)                                                    85,159   +    3,671   +   45,957       78,063 
Other liabilities and capital (14)                              47,816   -    1,095   +      654       47,045 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,218,851   +   73,385   -   48,791    2,275,947 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,292,801   -   66,132   +   48,334    2,229,409 

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 securities, Federal agency debt
    securities, and 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  Sep 20, 2017 
                                                          Sep 20, 2017 Sep 13, 2017 Sep 21, 2016              

Securities held in custody for foreign official and       
     international accounts                                  3,376,355   +    3,988   +  226,085    3,374,672 
  Marketable U.S. Treasury securities (1)                    3,051,989   +    5,458   +  222,787    3,052,535 
  Federal agency debt and mortgage-backed securities (2)       261,542   -    2,482   -       27      259,133 
  Other securities (3)                                          62,823   +    1,011   +    3,324       63,004 
Securities lent to dealers                                      24,420   -      720   +      499       20,837 
  Overnight facility (4)                                        24,420   -      720   +      499       20,837 
    U.S. Treasury securities                                    24,420   -      720   +      514       20,837 
    Federal agency debt securities                                   0            0   -       15            0 

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, September 20, 2017  

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                                          223             5             0             0             0           ...           228 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                  10,947        27,613       323,377     1,144,900       325,430       633,180     2,465,448 
  Weekly changes                        +   10,947    -   10,946    -        1    -        4    -        5    -       13    -       20 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         2,366         1,982            62             0         2,347         6,757 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             1           122        17,621     1,752,781     1,770,524 
  Weekly changes                                 0             0             0    +       29    +       13    -   11,863    -   11,822 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)                37             0             0             0             0             0            37 
                                                                                                                                       
Reverse repurchase agreements (4)          413,569             0           ...           ...           ...           ...       413,569 
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   
                                                                                                                      Sep 20, 2017  

Mortgage-backed securities held outright (1)                                                                             1,770,524  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           26,157  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   52  



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   
                                                                                                                      Sep 20, 2017  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,708  
                                                                                                                                    
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, 2017. 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       Sep 20, 2017   Wednesday    Wednesday  
                                                        consolidation                Sep 13, 2017 Sep 21, 2016 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,835   +        6   -       92  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,391,303   -   12,535   -   12,815  
    Securities held outright (1)                                          4,242,728   -   11,843   +    1,387  
      U.S. Treasury securities                                            2,465,448   -       20   +    1,942  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,337,326            0   -    4,321  
        Notes and bonds, inflation-indexed (2)                              109,412            0   +    4,859  
        Inflation compensation (3)                                           18,709   -       21   +    1,403  
      Federal agency debt securities (2)                                      6,757            0   -   13,735  
      Mortgage-backed securities (4)                                      1,770,524   -   11,822   +   13,181  
    Unamortized premiums on securities held outright  
    (5)                                                                     162,828   -      734   -   15,232  
    Unamortized discounts on securities held outright 
    (5)                                                                     -14,481   +       34   +    1,032  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       228   +        8   -        1  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,708            0   +        1  
  Items in process of collection                                   (0)           78   -        4   +       11  
  Bank premises                                                               2,197            0   -        8  
  Central bank liquidity swaps (8)                                               37   -       50   +       35  
  Foreign currency denominated assets (9)                                    21,471   +       40   -       12  
  Other assets (10)                                                          23,712   -       53   -    1,574  
                                                                                                               
Total assets                                                       (0)    4,458,576   -   12,598   -   14,456  

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       Sep 20, 2017   Wednesday    Wednesday  
                                                        consolidation                Sep 13, 2017 Sep 21, 2016 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,533,583   -        1   +  111,097 
  Reverse repurchase agreements (11)                                         413,569   +   46,850   -   15,825 
  Deposits                                                          (0)    2,463,842   -   57,675   -  109,835 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,229,409   -  130,781   +   59,090 
    U.S. Treasury, General Account                                           151,204   +   77,984   -  207,399 
    Foreign official                                                           5,165            0   -        3 
    Other (12)                                                      (0)       78,063   -    4,879   +   38,475 
  Deferred availability cash items                                  (0)          537   +      115   +      172 
  Other liabilities and accrued dividends (13)                                 5,880   -    1,943   -    1,067 
                                                                                                               
Total liabilities                                                   (0)    4,417,412   -   12,654   -   15,457 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             31,165   +       56   +    1,001 
  Surplus                                                                     10,000            0            0 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 41,165   +       56   +    1,001 

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 securities, Federal agency debt
    securities, and 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, September 20, 2017
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         349       3,592          348         553         776       1,520         737         341         191         292         916       1,422
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,835          47          51          184         131         257         193         296          28          50         111         190         299
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,391,303      85,554   2,472,579      113,376     127,337     257,277     258,481     184,712      58,608      34,346      62,295     175,792     560,944
    Securities held outright (1)               4,242,728      82,664   2,389,046      109,545     123,035     248,584     249,743     178,444      56,576      33,078      60,172     169,849     541,993
      U.S. Treasury securities                 2,465,448      48,036   1,388,273       63,657      71,496     144,452     145,125     103,694      32,876      19,222      34,966      98,699     314,952
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,465,448      48,036   1,388,273       63,657      71,496     144,452     145,125     103,694      32,876      19,222      34,966      98,699     314,952
      Federal agency debt securities (2)           6,757         132       3,805          174         196         396         398         284          90          53          96         271         863
      Mortgage-backed securities (4)           1,770,524      34,496     996,967       45,714      51,344     103,736     104,220      74,466      23,610      13,804      25,110      70,879     226,178
    Unamortized premiums on securities held 
      outright (5)                               162,828       3,172      91,687        4,204       4,722       9,540       9,585       6,848       2,171       1,269       2,309       6,518      20,801
    Unamortized discounts on securities     
      held outright (5)                          -14,481        -282      -8,154         -374        -420        -848        -852        -609        -193        -113        -205        -580      -1,850
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            228           0           1            0           0           2           7          29          54         111          19           4           1
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,708           0       1,708            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      78           0           0            0           0           0          77           0           0           1           0           0           0
  Bank premises                                    2,197         118         441           72         118         198         203         200         110          88         236         220         191
  Central bank liquidity swaps (8)                    37           2          12            2           3           8           2           2           0           0           0           0           5
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   21,471         931       6,877        1,154       1,749       4,640       1,252         899         235          91         208         274       3,161
  Other assets (10)                               23,712         504      12,838          607         690       1,567       1,404         991         522         200         400         992       2,999
  Interdistrict settlement account                     0  +      337  -   35,498   -    5,586  -    7,394  -      870  +    3,682  +   55,483  -    1,336  +    2,324  +    3,967  +      545  -   15,652
                                                                                                                                                                                                         
Total assets                                   4,458,576      88,037   2,464,416      110,366     123,424     264,266     267,469     243,743      58,659      37,380      67,662     179,212     553,943

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, September 20, 2017 (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            1,713,674      56,266     555,718      55,247      85,336     121,627     228,620     115,606      52,278      31,223      48,330     142,737     220,685
    Less: Notes held by F.R. Banks               180,091       6,697      44,024       6,891      10,527      13,985      22,579      12,602       5,696       3,434       5,973      18,948      28,737
      Federal Reserve notes, net               1,533,583      49,569     511,694      48,356      74,809     107,643     206,041     103,004      46,583      27,789      42,356     123,790     191,948
  Reverse repurchase agreements (11)             413,569       8,058     232,878      10,678      11,993      24,231      24,344      17,394       5,515       3,224       5,865      16,556      52,832
  Deposits                                     2,463,842      28,456   1,704,033      48,794      33,037     122,988      34,229     121,279       5,937       5,567      18,885      38,089     302,547
    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                           2,229,409      28,451   1,528,214      48,792      33,034     122,788      34,220      62,897       5,934       5,567      18,883      38,088     302,540
    U.S. Treasury, General Account               151,204           0     151,204           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,165           2       5,138           2           3           9           2           2           0           0           0           1           6
    Other (12)                                    78,063           3      19,477           0           0         191           7      58,381           2           0           1           0           1
  Deferred availability cash items                   537           0           0           0           0           0          70           0           0         467           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,060          25         558          30          38          63          87          35          18           9          10          53         134
  Other liabilities and accrued             
     dividends                                     4,820         161       2,179         187         197         479         327         283         139         135         143         208         383
                                                                                                                                                                                                        
Total liabilities                              4,417,412      86,269   2,451,342     108,046     120,075     255,404     265,098     241,996      58,191      37,192      67,259     178,696     547,844
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 31,165       1,335       9,872       1,783       2,535       6,700       1,788       1,329         359         145         306         388       4,626
  Surplus                                         10,000         434       3,202         538         815       2,161         583         419         109          42          97         128       1,473
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,458,576      88,037   2,464,416     110,366     123,424     264,266     267,469     243,743      58,659      37,380      67,662     179,212     553,943

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, September 20, 2017 (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 securities, Federal agency     
    debt securities, and 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   
                                                                                          Sep 20, 2017  

Federal Reserve notes outstanding                                                            1,713,674  
  Less: Notes held by F.R. Banks not subject to collateralization                              180,091  
    Federal Reserve notes to be collateralized                                               1,533,583  
Collateral held against Federal Reserve notes                                                1,533,583  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,517,346  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,242,728  
  Less: Face value of securities under reverse repurchase agreements                           397,593  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,845,136  

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

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