---

`FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                    April 8, 2021


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   Apr 7, 2021 
Federal Reserve Banks                                      Apr 7, 2021 Mar 31, 2021  Apr 8, 2020              

Reserve Bank credit                                         7,656,966   +   14,932   +1,688,928    7,669,670  
  Securities held outright (1)                              7,135,255   +   13,802   +2,162,578    7,146,064  
    U.S. Treasury securities                                4,948,224   +   13,708   +1,437,096    4,959,033  
      Bills (2)                                               326,044            0            0      326,044  
      Notes and bonds, nominal (2)                          4,241,032   +   10,172   +1,290,744    4,251,662  
      Notes and bonds, inflation-indexed (2)                  334,757   +    3,029   +  132,132      334,757  
      Inflation compensation (3)                               46,391   +      507   +   14,221       46,570  
    Federal agency debt securities (2)                          2,347            0            0        2,347  
    Mortgage-backed securities (4)                          2,184,684   +       94   +  725,482    2,184,684  
  Unamortized premiums on securities held outright (5)        350,900   +      131   +  120,961      351,110  
  Unamortized discounts on securities held outright (5)        -9,509   -      376   -    1,552       -9,560  
  Repurchase agreements (6)                                         0   -        1   -  227,643            0  
    Foreign official                                                0   -        1            0            0  
    Others                                                          0            0   -  227,643            0  
  Loans                                                        61,967   +    2,149   -   68,037       62,814  
    Primary credit                                                761   -      180   -   42,752          709  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                 0            0            0            0  
    Primary Dealer Credit Facility                                 25            0   -   32,674           25  
    Money Market Mutual Fund Liquidity Facility                   171   -      132   -   53,622            0  
    Paycheck Protection Program Liquidity Facility             61,009   +    2,460   +   61,009       62,080  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Commercial Paper Funding      
    Facility II LLC (7)                                         8,556            0   +    8,556        8,556  
  Net portfolio holdings of Corporate Credit Facilities   
  LLC (7)                                                      26,020   -        5   +   26,020       25,937  
  Net portfolio holdings of MS Facilities LLC (Main       
    Street Lending Program) (7)                                30,954   +        8   +   30,954       30,962  
  Net portfolio holdings of Municipal Liquidity           
  Facility LLC (7)                                             11,535   -       19   +   11,535       11,413  
  Net portfolio holdings of TALF II LLC (7)                     5,282   -      314   +    5,282        5,283  
  Float                                                          -107   +      235   +       87         -106  
  Central bank liquidity swaps (8)                                868   -    1,642   -  384,497          868  
  Other Federal Reserve assets (9)                             35,244   +      963   +    4,684       36,330  
Foreign currency denominated assets (10)                       21,291   +       53   +      932       21,367  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             50,602   +       14   +      417       50,602  
                                                                                                              
Total factors supplying reserve funds                       7,745,100   +   14,999   +1,690,277    7,757,880  

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   Apr 7, 2021 
Federal Reserve Banks                                      Apr 7, 2021 Mar 31, 2021  Apr 8, 2020              

Currency in circulation (11)                                 2,146,971   +    8,312   +  266,008    2,150,262 
Reverse repurchase agreements (12)                             239,520   -   13,502   -  173,270      272,073 
  Foreign official and international accounts                  225,843   +   19,083   -   56,502      237,038 
  Others                                                        13,677   -   32,585   -  116,768       35,035 
Treasury cash holdings                                              88   -        3   -      229           80 
Deposits with F.R. Banks, other than reserve balances        1,325,857   -   37,737   +  379,045    1,289,960 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                             1,010,103   -   15,624   +  311,525      954,968 
  Foreign official                                              32,308   -      158   +   15,548       32,249 
  Other (13)                                                   283,446   -   21,955   +   51,972      302,744 
Treasury contributions to credit facilities (14)                51,778            0   +   51,778       51,778 
Other liabilities and capital (15)                              47,937   +    1,143   -    5,553       49,670 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  3,812,151   -   41,788   +  517,780    3,813,825 
                                                                                                              
Reserve balances with Federal Reserve Banks                  3,932,949   +   56,787   +1,172,498    3,944,055 

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.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury      
    contributions to the facility. Refer to 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.  Includes bank premises, accrued interest, and other accounts receivable. Also includes net              
    portfolio holdings of Maiden Lane LLC.                                                              
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, designated financial market utilities, and deposits held by depository
    institutions in joint accounts in connection with their participation in certain private-sector payment
    arrangements. 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. Book value. Amount of equity investments in Commercial Paper Funding Facility II LLC of $10             
    billion, Corporate Credit Facilities LLC of $13.9 billion, MS Facilities LLC of $16.6 billion, Municipal
    Liquidity Facility LLC of $6.3 billion, and TALF II LLC of $3.5 billion, and credit protection in the
    Money Market Mutual Fund Liquidity Facility of $1.5 billion.                                        
15. 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   Apr 7, 2021 
                                                           Apr 7, 2021 Mar 31, 2021  Apr 8, 2020              

Securities held in custody for foreign official and       
     international accounts                                  3,548,935   -    2,587   +  232,738    3,550,615 
  Marketable U.S. Treasury securities (1)                    3,114,900   -    3,274   +  269,228    3,116,393 
  Federal agency debt and mortgage-backed securities (2)       346,414   +      117   -   41,866      346,414 
  Other securities (3)                                          87,621   +      570   +    5,376       87,808 
Securities lent to dealers                                      40,448   +    1,443   +    3,876       39,086 
  Overnight facility (4)                                        40,448   +    1,443   +    3,876       39,086 
    U.S. Treasury securities                                    40,448   +    1,443   +    3,876       39,086 
    Federal agency debt securities                                   0            0            0            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, April 7, 2021
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 (1)                                       84           650           433        61,647             0           ...        62,814 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                  75,102       350,381       624,772     1,888,684       889,186     1,130,908     4,959,033 
  Weekly changes                        +    4,084    +   32,488    -   30,729    +    7,150    +      167    +    3,596    +   16,756 
Federal agency debt securities (3)                                                                                                     
  Holdings                                       0             0             0             0         2,134           213         2,347 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0            12         1,954        69,053     2,113,665     2,184,684 
  Weekly changes                                 0             0    +        5    +       16    +      220    -      239    +        1 
Commercial paper held by Commercial                                                                                                    
  Paper Funding Facility II LLC (5)              0             0             0           ...           ...           ...             0 
Loan participations held by MS                                                                                                         
  Facilities LLC (Main Street Lending                                                                                                   
  Program) (6)                                   0             0             0        16,457           ...           ...        16,457 
Municipal notes held by Municipal                                                                                                      
  Liquidity Facility LLC (7)                   300           400             0         5,358           ...           ...         6,058 
Loans held by TALF II LLC (8)                    0             0             0         2,101           ...           ...         2,101 
Repurchase agreements (9)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (10)              244           624             0             0             0             0           868 
Reverse repurchase agreements (9)          272,073             0           ...           ...           ...           ...       272,073 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Loans includes primary, secondary, and seasonal loans and credit extended through the Primary           
    Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, Paycheck Protection Program Liquidity
    Facility, and other credit extensions. Loans exclude the loans from the Federal Reserve Bank of New 
    York (FRBNY) to Commercial Paper Funding Facility II LLC, Corporate Credit Facilities LLC, Municipal
    Liquidity Facility LLC, and TALF II LLC, and from the Federal Reserve Bank of Boston (FRBB) to MS   
    Facilities LLC, which were eliminated when preparing the FRBNY's and FRBB's statement of condition, 
    respectively, consistent with consolidation under generally accepted accounting principles.         
2.  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.             
3.  Face value.                                                                                             
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Book value of commercial paper held by Commercial Paper Funding Facility II LLC.                        
6.  Book value of the loan participations held by the MS Facilities LLC.                                    
7.  Book value of the municipal notes held by the Municipal Liquidity Facility LLC.                         
8.  Book value of the loans held by the TALF II LLC.                                                        
9.  Cash value of agreements.                                                                               
10. 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   
                                                                                                                       Apr 7, 2021  

Mortgage-backed securities held outright (1)                                                                             2,184,684  
  Residential mortgage-backed securities                                                                                 2,174,741  
  Commercial mortgage-backed securities                                                                                      9,943  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                          199,461  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    3  



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. Includes residential and commercial mortgage-backed securities. Residential         
    mortgage-backed securities generally settle within 180 calendar days and include commitments associated
    with outright transactions, dollar rolls, and coupon swaps. Commercial mortgage-backed securities   
    generally settle within three business days.                                                        
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 Credit Facilities LLCs
Millions of dollars
Credit Facilities LLCs:                                                  Wednesday Apr 7, 2021                
                                                                              Net portfolio holdings of       
                                                                               Credit Facilities LLCs         
                                                           Outstanding                                        
                                                            principal   Outstanding                           
                                                             amount      amount of    Treasury                
                                                             of loan     facility   contributions             
                                                           extended to     asset         and                  
                                                           the LLC (1) purchases (2)other assets (3)    Total    

Commercial Paper Funding Facility II LLC                             0            0        8,556        8,556 
Corporate Credit Facilities LLC                                 13,825       13,766       12,171       25,937 
MS Facilities LLC (Main Street Lending Program)                 16,488       14,044       16,917       30,962 
Municipal Liquidity Facility LLC                                 6,058        6,058        5,355       11,413 
TALF II LLC                                                      2,256        2,101        3,181        5,283 

Note: Components may not sum to totals because of rounding.


1.  Book value. This amount was eliminated when preparing the Federal Reserve Banks' statement of           
    condition consistent with consolidation under generally accepted accounting principles. Refer to the note
    on consolidation accompanying table 6. Loans are extended from the Federal Reserve Bank to the LLC  
    upon settlement of the investment activity.                                                         
2.  Outstanding amount of facility asset purchases:                                                         
    a. For the Commercial Paper Funding Facility II LLC includes commercial paper at book value.            
    b. For the Corporate Credit Facilities LLC includes exchange traded-funds at fair value and             
    corporate bonds at book value. Asset balances                                                       
    from trading activity are reported on a one-day lag after the transaction date.                         
    c. For the MS Facilities LLC (Main Street Lending Program) includes loan participations, net of an      
    allowance for loan losses updated as of                                                             
    December 31, 2020, at face value.                                                                       
    d. For the Municipal Liquidity Facility LLC includes municipal notes at book value. Asset balances      
    from trading activity may be reported on                                                            
    a one-day lag after the transaction date.                                                               
    e. For the TALF II LLC includes loans to holders of eligible asset-backed securities at book value.     
3.  Includes short term receivables, interest and dividend receivables, and other assets of the             
    facility. Also includes the portion of the Treasury contribution to the credit facilities, which is held as
    investments in nonmarketable Treasury securities and the residual portion which is held as cash and 
    cash equivalents at the FRBNY. The amount of cash and cash equivalents held at the FRBNY are        
    eliminated in consolidation and, as result, are excluded from net portfolio holdings in Tables 1, 5, and 6.
    Amounts excluded are approximately 15% of Treasury contributions to the credit facilities from the  
    following consolidated LLCs: Commercial Paper Funding Facility II LLC, Corporate Credit Facilities LLC,
    Municipal Liquidity Facility LLC, and TALF II LLC. Refer to the note on consolidation accompanying  
    table 6.                                                                                            





5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from        Apr 7, 2021   Wednesday    Wednesday  
                                                        consolidation                Mar 31, 2021  Apr 8, 2020 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,458   -       26   -      210  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     7,550,428   +   18,427   +1,895,874  
    Securities held outright (1)                                          7,146,064   +   16,756   +2,049,630  
      U.S. Treasury securities                                            4,959,033   +   16,756   +1,324,647  
        Bills (2)                                                           326,044            0            0  
        Notes and bonds, nominal (2)                                      4,251,662   +   16,269   +1,186,802  
        Notes and bonds, inflation-indexed (2)                              334,757            0   +  124,132  
        Inflation compensation (3)                                           46,570   +      487   +   13,713  
      Federal agency debt securities (2)                                      2,347            0            0  
      Mortgage-backed securities (4)                                      2,184,684   +        1   +  724,983  
    Unamortized premiums on securities held outright  
    (5)                                                                     351,110   +      136   +  107,997  
    Unamortized discounts on securities held outright 
    (5)                                                                      -9,560   -       91   -    2,179  
    Repurchase agreements (6)                                                     0            0   -  192,751  
    Loans (7)                                                                62,814   +    1,626   -   66,823  
  Net portfolio holdings of Commercial Paper          
    Funding Facility II LLC (8)                                               8,556            0   +    8,556  
  Net portfolio holdings of Corporate Credit          
  Facilities LLC (8)                                                         25,937   -       97   +   25,937  
  Net portfolio holdings of MS Facilities LLC (Main   
    Street Lending Program) (8)                                              30,962   +        9   +   30,962  
  Net portfolio holdings of Municipal Liquidity       
  Facility LLC (8)                                                           11,413   -      143   +   11,413  
  Net portfolio holdings of TALF II LLC (8)                                   5,283   +        1   +    5,283  
  Items in process of collection                                   (0)           44   -       13   +        5  
  Bank premises                                                               1,913   -       10   -      288  
  Central bank liquidity swaps (9)                                              868   -    1,642   -  357,209  
  Foreign currency denominated assets (10)                                   21,367   +      216   +      994  
  Other assets (11)                                                          34,417   +    3,171   +    4,427  
                                                                                                               
Total assets                                                       (0)    7,708,882   +   19,894   +1,625,741  

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        Apr 7, 2021   Wednesday    Wednesday  
                                                        consolidation                Mar 31, 2021  Apr 8, 2020 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         2,101,194   +    6,089   +  265,969 
  Reverse repurchase agreements (12)                                         272,073   -   80,104   -   62,415 
  Deposits                                                          (0)    5,234,015   +   91,031   +1,375,655 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         3,944,055   +  271,353   +1,169,549 
    U.S. Treasury, General Account                                           954,968   -  166,983   +  127,790 
    Foreign official                                                          32,249   -      960   +   15,603 
    Other (13)                                                      (0)      302,744   -   12,378   +   62,714 
  Deferred availability cash items                                  (0)          151   -      956   -      193 
  Treasury contributions to credit facilities (14)                            51,778            0   +   51,778 
  Other liabilities and accrued dividends (15)                                10,404   +    3,821   -    5,488 
                                                                                                               
Total liabilities                                                   (0)    7,669,616   +   19,882   +1,625,307 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             32,482   +       13   +      475 
  Surplus                                                                      6,785            0   -       40 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 39,267   +       13   +      435 

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.  Loans includes primary, secondary, and seasonal loans and credit extended through the Primary           
    Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, Paycheck Protection Program Liquidity
    Facility, and other credit extensions.                                                              
8.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury      
    contributions to the facility. Refer to note on consolidation below.                                
9.  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.     
10. Revalued daily at current foreign currency exchange rates.                                              
11. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also includes net portfolio holdings of Maiden Lane LLC.                       
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, designated financial market utilities, and deposits held by depository
    institutions in joint accounts in connection with their participation in certain private-sector payment
    arrangements. 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. Book value. Amount of equity investments in Commercial Paper Funding Facility II LLC of $10             
    billion, Corporate Credit Facilities LLC of $13.9 billion, MS Facilities LLC of $16.6 billion, Municipal
    Liquidity Facility LLC of $6.3 billion, and TALF II LLC of $3.5 billion, and credit protection in the
    Money Market Mutual Fund Liquidity Facility of $1.5 billion.                                        
15. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, April 7, 2021
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 certificates and special drawing     
    rights certificates                           16,237         533       5,483          529         761       1,165       2,183       1,137         479         270         450       1,202       2,045
  Coin                                             1,458          30          38          118          72         205         130         249          23          44         101         161         287
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans (1)                             7,550,428     168,536   3,887,411      174,997     237,929     472,293     553,695     419,375     119,724      83,055     123,560     362,443     947,411
  Net portfolio holdings of Commercial      
     Paper Funding Facility II LLC (2)             8,556           0       8,556            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Corporate       
    Credit Facilities LLC (2)                     25,937           0      25,937            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of MS                                                                                                                                                                           
    Facilities LLC (Main Street Lending                                                                                                                                                                  
    Program) (2)                                  30,962      30,962           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Municipal       
    Liquidity Facility LLC (2)                    11,413           0      11,413            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF II LLC (2)        5,283           0       5,283            0           0           0           0           0           0           0           0           0           0
  Central bank liquidity swaps (3)                   868          39         292           31          75         181          39          34          17           7           9          16         128
  Foreign currency denominated                                                                                                                                                                           
     assets (4)                                   21,367         970       7,182          767       1,847       4,446         966         837         406         182         231         385       3,147
  Other assets (5)                                36,374       2,379      16,059          919       1,209       2,596       2,736       2,064         708         511         886       1,876       4,431
  Interdistrict settlement account                     0  -   37,266  +   58,238   +   21,705  +   77,652  +   68,165  -   99,218  +   39,884  -    7,252  -   12,941  -   10,904  -    3,105  -   94,958
                                                                                                                                                                                                         
Total assets                                   7,708,882     166,183   4,025,891      199,066     319,545     549,051     460,533     463,580     114,104      71,127     114,334     362,979     862,490

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, April 7, 2021 (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, net                   2,101,194      62,683     681,284      57,306     103,314     158,133     292,324     131,124      59,565      33,087      55,138     184,383     282,852
  Reverse repurchase agreements (6)              272,073       6,110     140,868       6,207       8,512      17,052      20,051      15,197       4,299       2,571       4,327      13,112      33,768
  Deposits                                     5,234,015      79,211   3,149,887     133,838     203,978     364,921     145,614     315,091      49,245      34,794      54,162     164,268     539,006
    Depository institutions                    3,944,055      79,196   2,018,542     133,837     203,940     364,121     145,437     159,237      49,227      34,476      53,448     163,614     538,979
    U.S. Treasury, General Account               954,968           0     954,968           0           0           0           0           0           0           0           0           0           0
    Foreign official                              32,249           2      32,222           1           3           8           2           2           1           0           0           1           6
    Other (7)                                    302,744          13     144,156           0          35         791         175     155,853          18         317         713         653          21
  Earnings remittances due to the U.S.      
     Treasury (8)                                  2,585          48       1,435          52          67         107         193         142          37          22          39         127         316
  Treasury contributions to credit          
     facilities (9)                               51,778      18,072      33,706           0           0           0           0           0           0           0           0           0           0
  Other liabilities and accrued             
     dividends                                     7,970      -1,719       5,539         254         285         690         568         491         212         305         236         368         740
                                                                                                                                                                                                        
Total liabilities                              7,669,616     164,405   4,012,719     197,659     316,157     540,903     458,749     462,044     113,359      70,778     113,901     362,259     856,682
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 32,482       1,470      10,892       1,164       2,801       6,735       1,477       1,270         616         291         359         597       4,809
  Surplus                                          6,785         308       2,280         244         587       1,412         307         266         129          58          73         122         999
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  7,708,882     166,183   4,025,891     199,066     319,545     549,051     460,533     463,580     114,104      71,127     114,334     362,979     862,490

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, April 7, 2021 (continued)


1.  Securities include outright holdings of U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, including securities lent to dealers under the overnight              
    securities lending facility; refer to table 1A. Mortgage-backed securities are guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Unamortized premiums and discounts are the differences between the
    purchase price and the face value of the securities that have not been amortized. For U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, amortization is on an
    effective-interest basis. Repurchase agreements reflect the cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. Loans includes primary, secondary, and
    seasonal loans and credit extended through the Primary Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, Paycheck Protection Program Liquidity Facility, and other credit        
    extensions.                                                                                                                                                                                         
2.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below.                                 
3.  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.                                                                                                 
4.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
5.  Includes items in process of collection, bank premises, accrued interest (which represents the daily accumulation of interest earned), and other accounts receivable. Also includes Net portfolio       
    holdings of Maiden Lane LLC; refer to the note on consolidation for additional information.                                                                                                         
6.  Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
7.  Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by              
    depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. 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.                                                                                                          
8.  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 each Federal Reserve Bank's allotted surplus cap.                                                 
9.  Book value. Amount of equity investments in Commercial Paper Funding Facility II LLC of $10 billion, Corporate Credit Facilities LLC of $13.9 billion, MS Facilities LLC of $16.6 billion, and          
    Municipal Liquidity Facility LLC of $6.3 billion, and TALF II LLC of $3.5 billion, and credit protection in the Money Market Mutual Fund Liquidity Facility of $1.5 billion.                        
                                                                                                                                                                                                            



    Note on consolidation:                                                                                                                                                                                  
    The Federal Reserve Bank of New York (FRBNY) and the Federal Reserve Bank of Boston (FRBB) have extended loans to limited liability companies under the authority of section 13(3) of the Federal       
    Reserve Act. On April 14, 2020, FRBNY began extending loans to the Commercial Paper Funding Facility II LLC (CPFF II LLC), a limited liability company formed to purchase three-month U.S           
    dollar-denominated commercial paper by eligible issuers. The assets of the CPFF II LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On
    May 12, 2020, FRBNY began extending loans to the Corporate Credit Facilities LLC (CCF LLC), a limited liability company formed to purchase eligible bonds or portions of syndicated loans or bonds at
    issuance through the Primary Market Corporate Credit Facility and to purchase eligible individual corporate bonds and exchange-traded funds through the Secondary Market Corporate Credit Facility. 
    The assets of the CCF LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On June 5, 2020, FRBNY began extending loans to the
    Municipal Liquidity Facility LLC (MLF LLC), a limited liability company formed to purchase municipal notes from eligible issuers. The assets of the MLF LLC and the amount provided by U.S. Treasury
    as credit protection to the FRBNY are used to secure the loan from the FRBNY. On June 25, 2020, FRBNY began extending loans to the TALF II LLC, a special purpose vehicle that was formed to help   
    support the flow of credit to consumers and businesses. The assets of the TALF II LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the
    FRBNY. On July 15, 2020, the FRBB began extending loans to the MS Facilities LLC (Main Street Lending Program), a special purpose vehicle that was formed to help ensure credit flows to small and  
    medium-sized businesses and to eligible nonprofits. The assets of the MS Facilities LLC and the amount provided by U.S. Treasury as credit protection to the FRBB are used to secure the loan from the
    FRBB.                                                                                                                                                                                               
    The FRBNY is the managing member of CPFF II LLC, CCF LLC, MLF LLC, and TALF II LLC. The FRBB is the managing member of MS Facilities LLC (Main Street Lending Program). Consistent with generally       
    accepted accounting principles, the assets and liabilities of each LLC have been accounted for and consolidated with the assets and liabilities of the FRBNY or FRBB, in the preparation of the     
    statements of condition shown on this release. As a consequence of the consolidation, the loan from the Reserve Bank to the LLC is eliminated as are any balances held at the FRBNY for LLCs consolidated
    to FRBNY or FRBB for LLCs consolidated to FRBB. Treasury contributions to credit facilities are held at FRBNY until invested. Net assets of the LLC appears as assets on table 6 (and in table 1 and
    table 5), and the liabilities of the LLC to entities other than the FRBNY or FRBB, including those with recourse only to the portfolio holdings of the LLC, are included in other liabilities in this
    table (and table 1 and table 5). The amount provided by U.S. Treasury as credit protection to FRBNY and FRBB appears as liabilities on table 6 (and in 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   
                                                                                           Apr 7, 2021  

Federal Reserve notes outstanding                                                            2,255,545  
  Less: Notes held by F.R. Banks not subject to collateralization                              154,351  
    Federal Reserve notes to be collateralized                                               2,101,194  
Collateral held against Federal Reserve notes                                                2,101,194  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   2,084,957  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       7,146,064  
  Less: Face value of securities under reverse repurchase agreements                           261,928  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        6,884,136  

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

---

Home Economic research and data  Accessibility Contact Us  Last update:  April 08, 2021