---

`For release at
4:30 p.m. EDT
May 13, 2010

The Board's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions
and Condition Statement of Federal Reserve Banks," has been modified to report the maturity
distribution of temporary U.S. dollar liquidity swap facilities (central bank liquidity swaps).  These
facilities were re-established in response to the re-emergence of strains in U.S. dollar short-term
funding markets in Europe and are designed to help improve liquidity conditions in U.S. dollar
funding markets and to prevent the spread of strains to other markets and financial centers.		

The maturity distribution of these swaps is reported again in table 2.  The release continues to show
the outstanding dollar value of central bank liquidity swaps in tables 1, 10, and 11.		

Detailed information about draws on the swap lines by the participating central banks is presented
on the Federal Reserve Bank of New York's website:
http://www.newyorkfed.org/markets/liquidity_swap.html.		

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                                 May 13, 2010
 
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   May 12, 2010
Federal Reserve Banks                                     May 12, 2010  May 5, 2010 May 13, 2009
 
Reserve Bank credit                                        2,310,188   -    1,240   +  193,731    2,318,471
  Securities held outright (1)                             2,042,467   +      217   +1,016,818    2,043,258
    U.S. Treasury securities                                 776,776   +       48   +  207,350      776,792
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                           712,023   -       34   +  206,909      712,023
      Notes and bonds, inflation-indexed (2)                  41,125   +       33   -      128       41,125
      Inflation compensation (3)                               5,204   +       47   +      568        5,220
    Federal agency debt securities (2)                       168,112   -      113   +   96,003      168,112
    Mortgage-backed securities (4)                         1,097,579   +      282   +  713,464    1,098,355
  Repurchase agreements (5)                                        0            0            0            0
  Term auction credit                                              0            0   -  428,835            0
  Other loans                                                 77,186   -      912   -   46,771       76,636
    Primary credit                                             5,150   -      197   -   34,722        5,136
    Secondary credit                                             486   -       14   +      486          400
    Seasonal credit                                               43   +       10   +       34           44
    Primary dealer and other broker-dealer credit (6)              0            0   -      482            0
    Asset-Backed Commercial Paper Money Market
       Mutual Fund Liquidity Facility                              0            0   -   28,781            0
    Credit extended to American International
       Group, Inc., net (7)                                   26,808   -      254   -   18,894       26,382
    Term Asset-Backed Securities Loan Facility (8)            44,699   -      457   +   35,589       44,675
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (9)                                      2   -    2,794   -  166,924            2
  Net portfolio holdings of Maiden Lane LLC (10)              28,261   +       30   +    2,586       28,262
  Net portfolio holdings of Maiden Lane II LLC (11)           15,839   -      222   -      305       15,841
  Net portfolio holdings of Maiden Lane III LLC (12)          23,299   -      306   +    3,068       23,361
  Net portfolio holdings of TALF LLC (13)                        439            0   +      439          439
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (14)                                        25,416            0   +   25,416       25,416
  Float                                                       -1,883   +       52   +      237       -2,253
  Central bank liquidity swaps (15)                            1,315   +    1,315   -  245,185        9,205
  Other Federal Reserve assets (16)                           97,848   +    1,380   +   33,190       98,303
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0   +    3,000        5,200
Treasury currency outstanding (17)                            42,829   +       14   +      507       42,829

Total factors supplying reserve funds                      2,369,258   -    1,226   +  197,238    2,377,541
 
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   May 12, 2010
Federal Reserve Banks                                     May 12, 2010  May 5, 2010 May 13, 2009
 
Currency in circulation (17)                                 937,635   +    1,610   +   32,844      939,262
Reverse repurchase agreements (18)                            54,241   -    3,389   -   13,778       56,647
  Foreign official and international accounts                 54,241   -    3,389   -   13,778       56,647
  Dealers                                                          0            0            0            0
Treasury cash holdings                                           185   -       15   -      105          186
Deposits with F.R. Banks, other than reserve balances        241,659   -   42,226   -   50,648      220,662
  U.S. Treasury, general account                              34,305   -   42,362   -   41,754       16,293
  U.S. Treasury, supplementary financing account             199,958            0   +       25      199,958
  Foreign official                                             1,480   -    2,504   -      462        1,413
  Service-related                                              2,665   -        1   -    1,674        2,665
    Required clearing balances                                 2,665   -        1   -    1,674        2,665
    Adjustments to compensate for float                            0            0            0            0
  Other                                                        3,251   +    2,641   -    6,783          333
Other liabilities and capital (19)                            70,695   -      805   +   22,351       71,004

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,304,415   -   44,824   -    9,335    1,287,762

Reserve balances with Federal Reserve Banks                1,064,843   +   43,598   +  206,573    1,089,779
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain other
   broker-dealers.
7. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and
   allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
8. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
9.  Refer to table 7 and the note on consolidation accompanying table 11.
10. Refer to table 4 and the note on consolidation accompanying table 11.
11. Refer to table 5 and the note on consolidation accompanying table 11.
12. Refer to table 6 and the note on consolidation accompanying table 11.
13. Refer to table 8 and the note on consolidation accompanying table 11.
14. Refer to table 9.
15. 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.
16. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA
    Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility.
17. Estimated.
18. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
    securities.
19. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC,
    Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including
    liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through
    table 8 and the note on consolidation accompanying table 11.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   May 12, 2010
Memorandum item                                           May 12, 2010  May 5, 2010 May 13, 2009
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,063,772   -   11,084   +  380,131    3,055,420
  U.S. Treasury securities                                 2,273,073   -   10,054   +  405,657    2,266,368
  Federal agency securities (2)                              790,699   -    1,030   -   25,526      789,052
Securities lent to dealers                                     3,232   -    2,081   -   34,789        4,068
  Overnight facility (3)                                       3,232   -    2,081   -    2,239        4,068
    U.S. Treasury securities                                   2,051   -    1,938   -    3,420        2,929
    Federal agency debt securities                             1,180   -      143   +    1,180        1,139
  Term facility (4)                                                0            0   -   32,550            0
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed
   securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency
   securities, and other highly rated debt securities.

 
2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities,       May 12, 2010
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Term auction credit                            0            0          ...          ...          ...           ...            0
Other loans (1)                            5,546           33            0       71,056            0           ...       76,636
U.S. Treasury securities (2)
  Holdings                                19,283       15,452       51,342      327,542      218,243       144,931      776,792
  Weekly changes                      -    3,520   +    3,520   +        5   +        9   +       11    +       19   +       43
Federal agency debt securities (3)
  Holdings                                   735        7,996       34,263       89,223       33,548         2,347      168,112
  Weekly changes                               0            0            0            0            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            0           33           20     1,098,302    1,098,355
  Weekly changes                               0            0            0            0            0    +      940   +      940
Commercial paper held by
   Commercial Paper Funding
   Facility LLC (5)                            0            0            0          ...          ...           ...            0
Asset-backed securities held by
   TALF LLC (6)                                0            0            0            0            0             0            0
Repurchase agreements (7)                      0            0          ...          ...          ...           ...            0
Central bank liquidity swaps (8)           9,205            0            0            0            0             0        9,205

Reverse repurchase agreements (7)         56,647            0          ...          ...          ...           ...       56,647
 
Note: Components may not sum to totals because of rounding.
. . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding Facility LLC, Maiden Lane
   LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's statement of
   condition 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. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
5. Face value of commercial paper held by Commercial Paper Funding Facility LLC.
6. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
7. Cash value of agreements.
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.

 
3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           May 12, 2010 
 
Mortgage-backed securities held outright (1)                                                                           1,098,355

Commitments to buy mortgage-backed securities (2)                                                                         71,878
Commitments to sell mortgage-backed securities (2)                                                                         8,860

Cash and cash equivalents (3)                                                                                                709
 
1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions as well as
   dollar rolls.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           May 12, 2010 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             28,262

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 28,820
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         483
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,272
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
       March 31, 2010. 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 11.
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 10 and table 11.

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.
Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses
of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to
JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           May 12, 2010 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          15,841

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 14,532
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         335
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,049
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
       March 31, 2010. 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 11.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of
   American International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued
   interest payable are included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table
   10 and table 11.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential
mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group,
Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred
payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           May 12, 2010 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         23,361

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 16,206
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         419
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,254
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
       March 31, 2010. 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 11.
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 10 and table 11.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector
collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written
credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the
related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to
AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

 
7. Information on Principal Accounts of Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           May 12, 2010 
 
Commercial paper holdings, net (1)                                                                                             0
Other investments, net                                                                                                         2
Net portfolio holdings of Commercial Paper Funding Facility LLC                                                                2

Memorandum: Commercial paper holdings, face value                                                                              0

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
 
1. Book value, which includes amortized cost and related fees.
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 11.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the
Federal Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company formed to purchase three-month
U.S. dollar-denominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and
increase the availability of credit for businesses and households.

 
8. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           May 12, 2010 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       439
Net portfolio holdings of TALF LLC                                                                                           439

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
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                        104
 
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.
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 11.
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 10 and table 11.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $20 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
9. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in
AIA Aurora LLC and ALICO Holdings LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           May 12, 2010 
 
Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                                          25,416
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                                        146

Preferred interests in AIA Aurora LLC (1)                                                                                 16,266
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                                                94

Preferred interests in ALICO Holdings LLC (1)                                                                              9,150
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                                            53
 
Note: Components may not sum to totals because of rounding.

1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

Note on preferred interests:

In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2,
2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for
preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies
were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd.
(AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC
and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred
interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis,
the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

 
10. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   May 12, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       May 5, 2010 May 13, 2009
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0   +    3,000
  Coin                                                                       2,065    -       16   +      205
  Securities, repurchase agreements, term auction
     credit, and other loans                                             2,119,894    -      131   +  477,418
    Securities held outright (1)                                         2,043,258    +      982   +  961,667
      U.S. Treasury securities                                             776,792    +       43   +  199,701
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                       712,023             0   +  199,253
        Notes and bonds, inflation-indexed (2)                              41,125             0   -      128
        Inflation compensation (3)                                           5,220    +       43   +      575
      Federal agency debt securities (2)                                   168,112             0   +   95,157
      Mortgage-backed securities (4)                                     1,098,355    +      940   +  666,810
    Repurchase agreements (5)                                                    0             0            0
    Term auction credit                                                          0             0   -  428,835
    Other loans                                                             76,636    -    1,113   -   55,413
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (6)                                                    2             0   -  163,207
  Net portfolio holdings of Maiden Lane LLC (7)                             28,262    +        1   +    2,569
  Net portfolio holdings of Maiden Lane II LLC (8)                          15,841    -      222   -      309
  Net portfolio holdings of Maiden Lane III LLC (9)                         23,361    -      304   +    3,056
  Net portfolio holdings of TALF LLC (10)                                      439             0   +      439
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (11)                                                      25,416             0   +   25,416
  Items in process of collection                             (41)              160    -       65   -      200
  Bank premises                                                              2,237    +        3   +       43
  Central bank liquidity swaps (12)                                          9,205    +    9,205   -  237,633
  Other assets (13)                                                         96,428    +    1,463   +   30,914

Total assets                                                 (41)        2,339,547    +    9,933   +  141,712
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
10. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   May 12, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       May 5, 2010 May 13, 2009
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                         898,681    +    1,166   +   33,170
  Reverse repurchase agreements (14)                                        56,647    +    3,164   -   14,247
  Deposits                                                    (0)        1,310,842    +    4,734   +  102,137
    Depository institutions                                              1,092,845    +   60,106   +  161,108
    U.S. Treasury, general account                                          16,293    -   53,647   -   40,874
    U.S. Treasury, supplementary financing account                         199,958             0   +       25
    Foreign official                                                         1,413    -    1,638   -    1,134
    Other                                                     (0)              333    -       88   -   16,989
  Deferred availability cash items                           (41)            2,372    -      341   -      979
  Other liabilities and accrued dividends (15)                              16,210    +      755   +    9,929

Total liabilities                                            (41)        2,284,753    +    9,478   +  130,010

Capital accounts
  Capital paid in                                                           26,386    +       56   +    3,448
  Surplus                                                                   25,614    +       27   +    7,473
  Other capital accounts                                                     2,794    +      372   +      781

Total capital                                                               54,794    +      455   +   11,702
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation accompanying table 11.
7. Refer to table 4 and the note on consolidation accompanying table 11.
8. Refer to table 5 and the note on consolidation accompanying table 11.
9.  Refer to table 6 and the note on consolidation accompanying table 11.
10. Refer to table 8 and the note on consolidation accompanying table 11.
11. Refer to table 9.
12. 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.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
    accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA Aurora LLC
    and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers
    through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
    securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC,
    Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including
    liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table
    8 and the note on consolidation accompanying table 11.


 
11. Statement of Condition of Each Federal Reserve Bank,       May 12, 2010
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         369       4,038         404         463         846       1,385         887         324         203         296         652       1,170
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,065          73          81         165         148         302         191         324          26          66         146         200         342
  Securities, repurchase agreements,
     term auction credit, and other
     loans                                   2,119,894      51,712     910,264      47,734      69,421     232,714     193,363     154,047      52,631      27,988      70,095      85,800     224,125
    Securities held outright (1)             2,043,258      51,708     833,758      47,716      69,421     232,705     193,349     154,034      52,631      27,972      70,092      85,797     224,076
      U.S. Treasury securities                 776,792      19,658     316,972      18,140      26,392      88,468      73,506      58,559      20,009      10,634      26,647      32,618      85,188
        Bills (2)                               18,423         466       7,517         430         626       2,098       1,743       1,389         475         252         632         774       2,020
        Notes and bonds (3)                    758,369      19,192     309,455      17,710      25,766      86,370      71,763      57,171      19,534      10,382      26,015      31,844      83,167
      Federal agency debt securities (2)       168,112       4,254      68,599       3,926       5,712      19,146      15,908      12,673       4,330       2,301       5,767       7,059      18,436
      Mortgage-backed securities (4)         1,098,355      27,796     448,187      25,650      37,317     125,091     103,935      82,801      28,292      15,036      37,678      46,120     120,452
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Term auction credit                              0           0           0           0           0           0           0           0           0           0           0           0           0
    Other loans                                 76,636           4      76,506          18           0           9          14          13           1          16           3           3          49
  Net portfolio holdings of Commercial
     Paper Funding Facility LLC (6)                  2           0           2           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane LLC (7)                               28,262           0      28,262           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (8)                            15,841           0      15,841           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (9)                           23,361           0      23,361           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)          439           0         439           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (11)                25,416           0      25,416           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   200           9           0          19          49           8          19          12           2          22          16          22          23
  Bank premises                                  2,237         123         260          70         143         238         219         210         136         109         266         250         212
  Central bank liquidity swaps (12)              9,205         339       2,672       1,006         686       2,563         568         222          86         256          75         127         606
  Other assets (13)                             96,428       2,722      36,789       4,299       4,221      14,855       8,292       5,974       2,109       1,673       2,672       3,369       9,452
  Interdistrict settlement account                   0   -   9,830   +  74,679   +  21,761   -  13,457   +  79,047   -  47,654   -  42,904   -  15,502   +  22,554   -  21,435   -  14,797   -  32,462

Total assets                                 2,339,587      45,713   1,123,921      75,668      61,911     330,985     157,037     119,197      39,963      52,961      52,284      75,905     204,042
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
11. Statement of Condition of Each Federal Reserve Bank,       May 12, 2010 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
  Federal Reserve notes outstanding          1,075,123      34,753     389,749      38,791      44,330      84,124     135,632      86,815      32,158      20,064      29,357      65,472     113,879
    Less: Notes held by F.R. Banks             176,443       4,088      55,357       5,801       9,145      12,138      29,782      11,639       4,624       2,960       3,428      12,343      25,138
      Federal Reserve notes, net               898,681      30,665     334,392      32,989      35,185      71,985     105,850      75,176      27,534      17,105      25,929      53,129      88,741
  Reverse repurchase agreements (14)            56,647       1,434      23,115       1,323       1,925       6,451       5,360       4,270       1,459         775       1,943       2,379       6,212
  Deposits                                   1,310,842      11,399     739,334      35,248      19,988     238,745      41,722      37,668      10,162      32,980      23,582      19,064     100,949
    Depository institutions                  1,092,845      11,395     521,502      35,243      19,985     238,636      41,720      37,639      10,159      32,979      23,581      19,063     100,943
    U.S. Treasury, general account              16,293           0      16,293           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, supplementary
       financing account                       199,958           0     199,958           0           0           0           0           0           0           0           0           0           0
    Foreign official                             1,413           1       1,385           4           3          11           2           1           0           1           0           1           3
    Other                                          333           3         196           0           1          99           0          28           2           0           1           0           3
  Deferred availability cash items               2,413          70           0         218         619          80         144         155          57         390         106         102         473
  Other liabilities and accrued
     dividends (15)                             16,210         247      11,294         295         335         993         695         564         235         173         252         343         784

Total liabilities                            2,284,793      43,815   1,108,135      70,072      58,052     318,255     153,772     117,835      39,446      51,424      51,812      75,017     197,159

Capital
  Capital paid in                               26,386         916       7,515       2,938       1,906       5,451       1,553         624         239         803         212         414       3,814
  Surplus                                       25,614         945       7,557       2,658       1,910       7,140       1,581         620         240         712         210         353       1,688
  Other capital                                  2,794          37         713           0          42         139         131         117          38          22          51         122       1,381

Total liabilities and capital                2,339,587      45,713   1,123,921      75,668      61,911     330,985     157,037     119,197      39,963      52,961      52,284      75,905     204,042
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

11. Statement of Condition of Each Federal Reserve Bank,       May 12, 2010 (continued)
1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation below.
7. Refer to table 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9.  Refer to table 6 and the note on consolidation below.
10. Refer to table 8 and the note on consolidation below.
11. Refer to table 9.
12. 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.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests
    in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New
    York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 8 and the note on consolidation below.


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan was
extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding Facility LLC, which was
formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase
multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan
was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American
International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities
received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC. The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S.
Treasury, the FRBNY is primarily responsible for directing the financial activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority
of any residual returns of the LLCs and absorb a majority of any residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have
been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit
from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page (and in table 1 and table 10), and the liabilities of the LLCs to entities other than the
FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in this table (and table 1 and table 10).

 
12. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       May 12, 2010 
 
Federal Reserve notes outstanding                                                          1,075,123
  Less: Notes held by F.R. Banks not subject to collateralization                            176,443
    Federal Reserve notes to be collateralized                                               898,681
Collateral held against Federal Reserve notes                                                898,681
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   882,444
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,043,258
  Less: Face value of securities under reverse repurchase agreements                          55,970
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      1,987,288
 
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 and term securities lending facilities; refer
   to table 1A.`

Statistical releases

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