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`FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                  August 12, 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  Aug 11, 2021 
Federal Reserve Banks                                     Aug 11, 2021  Aug 4, 2021 Aug 12, 2020              

Reserve Bank credit                                         8,204,942   +   16,278   +1,293,823    8,218,316  
  Securities held outright (1)                              7,676,796   +   19,599   +1,426,116    7,690,627  
    U.S. Treasury securities                                5,289,664   +   19,600   +  974,867    5,303,495  
      Bills (2)                                               326,044            0            0      326,044  
      Notes and bonds, nominal (2)                          4,555,122   +   17,775   +  876,172    4,568,639  
      Notes and bonds, inflation-indexed (2)                  350,142   +      857   +   76,493      350,142  
      Inflation compensation (3)                               58,356   +      968   +   22,202       58,670  
    Federal agency debt securities (2)                          2,347            0            0        2,347  
    Mortgage-backed securities (4)                          2,384,785            0   +  451,249    2,384,785  
  Unamortized premiums on securities held outright (5)        353,012   +      354   +   30,480      353,035  
  Unamortized discounts on securities held outright (5)       -14,798   -      123   -    9,886      -14,803  
  Repurchase agreements (6)                                         0            0            0            0  
    Foreign official                                                0            0            0            0  
    Others                                                          0            0            0            0  
  Loans                                                        83,342   -    1,289   -      117       82,500  
    Primary credit                                                272   -       65   -    2,421          289  
    Secondary credit                                                0   -        1            0            0  
    Seasonal credit                                                17   +        3   -       22           17  
    Primary Dealer Credit Facility                                  0            0   -      794            0  
    Money Market Mutual Fund Liquidity Facility                     0            0   -   11,758            0  
    Paycheck Protection Program Liquidity Facility             83,053   -    1,226   +   14,942       82,194  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Commercial Paper Funding      
    Facility II LLC (7)                                             0            0   -    8,632            0  
  Net portfolio holdings of Corporate Credit Facilities   
  LLC (7)                                                      17,912   -    4,745   -   26,491       17,114  
  Net portfolio holdings of MS Facilities LLC (Main       
    Street Lending Program) (7)                                30,568   +       23   -    7,052       30,575  
  Net portfolio holdings of Municipal Liquidity           
  Facility LLC (7)                                              9,763   +        1   -    6,324        9,764  
  Net portfolio holdings of TALF II LLC (7)                     4,513   -       25   -    5,610        4,513  
  Float                                                          -107   +      217   +       83         -155  
  Central bank liquidity swaps (8)                                484   +        6   -   99,298          492  
  Other Federal Reserve assets (9)                             43,457   +    2,260   +      554       44,653  
Foreign currency denominated assets (10)                       21,168   -      193   -      403       21,124  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             50,796   +       14   +      497       50,796  
                                                                                                              
Total factors supplying reserve funds                       8,293,147   +   16,099   +1,293,917    8,306,477  

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  Aug 11, 2021 
Federal Reserve Banks                                     Aug 11, 2021  Aug 4, 2021 Aug 12, 2020              

Currency in circulation (11)                                 2,188,619   +    1,485   +  185,600    2,189,318 
Reverse repurchase agreements (12)                           1,242,742   -   17,352   +1,025,343    1,267,998 
  Foreign official and international accounts                  273,940   -    5,014   +   56,557      267,538 
  Others                                                       968,802   -   12,338   +  968,786    1,000,460 
Treasury cash holdings                                              46   -        2            0           47 
Deposits with F.R. Banks, other than reserve balances          679,299   -   54,813   -1,146,146      631,530 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               434,919   -   57,749   -1,234,814      389,747 
  Foreign official                                               7,921   +    1,810   -    8,301        7,631 
  Other (13)                                                   236,459   +    1,126   +   96,969      234,151 
Treasury contributions to credit facilities (14)                40,278            0   -   73,722       40,278 
Other liabilities and capital (15)                              51,655   +    1,851   +    1,296       50,016 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  4,202,640   -   68,830   -    7,628    4,179,187 
                                                                                                              
Reserve balances with Federal Reserve Banks                  4,090,506   +   84,928   +1,301,545    4,127,290 

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.                                
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 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.                                                                                       
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  Aug 11, 2021 
                                                          Aug 11, 2021  Aug 4, 2021 Aug 12, 2020              

Securities held in custody for foreign official and       
     international accounts                                  3,496,272   -   11,533   +   88,486    3,498,083 
  Marketable U.S. Treasury securities (1)                    3,061,645   -   11,860   +   99,094    3,063,652 
  Federal agency debt and mortgage-backed securities (2)       342,323   -    1,696   -   16,944      342,037 
  Other securities (3)                                          92,305   +    2,023   +    6,337       92,394 
Securities lent to dealers                                      30,363   +    1,688   +    3,571       26,443 
  Overnight facility (4)                                        30,363   +    1,688   +    3,571       26,443 
    U.S. Treasury securities                                    30,363   +    1,688   +    3,571       26,443 
    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, August 11, 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)                                       90           216        10,275        71,919             0           ...        82,500 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                 108,976       258,414       676,691     2,052,328       967,987     1,239,097     5,303,495 
  Weekly changes                        -    3,664    +    9,339    -    5,472    +   14,059    +    7,971    +    3,625    +   25,860 
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            18         1,818        64,221     2,318,728     2,384,785 
  Weekly changes                                 0             0             0             0             0             0             0 
Loan participations held by MS                                                                                                         
  Facilities LLC (Main Street Lending                                                                                                   
  Program) (5)                                   0             0             0        16,136           ...           ...        16,136 
Municipal notes held by Municipal                                                                                                      
  Liquidity Facility LLC (6)                     0             0             0         4,373           ...           ...         4,373 
Loans held by TALF II LLC (7)                    0             0             0         1,470           ...           ...         1,470 
Repurchase agreements (8)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (9)               487             5             0             0             0             0           492 
Reverse repurchase agreements (8)        1,267,998             0           ...           ...           ...           ...     1,267,998 
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, Paycheck Protection Program Liquidity Facility, and other credit extensions. Loans
    exclude the loans from the Federal Reserve Bank of New York (FRBNY) to 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 the loan participations held by the MS Facilities LLC.                                    
6.  Book value of the municipal notes held by the Municipal Liquidity Facility LLC.                         
7.  Book value of the loans held by the TALF II LLC.                                                        
8.  Cash value of agreements.                                                                               
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.     






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Aug 11, 2021  

Mortgage-backed securities held outright (1)                                                                             2,384,785  
  Residential mortgage-backed securities                                                                                 2,375,073  
  Commercial mortgage-backed securities                                                                                      9,713  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                          175,392  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    0  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
2.  Current face value. 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 Aug 11, 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    

Corporate Credit Facilities LLC                                  4,803        2,629       14,485       17,114 
MS Facilities LLC (Main Street Lending Program)                 16,097       13,591       16,984       30,575 
Municipal Liquidity Facility LLC                                 4,373        4,373        5,391        9,764 
TALF II LLC                                                      1,482        1,470        3,043        4,513 

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 Corporate Credit Facilities LLC includes exchange traded-funds and corporate bonds at        
    fair value. Asset balances from trading activity are                                                
    reported on a one-day lag after the transaction date.                                                   
    b. For the MS Facilities LLC (Main Street Lending Program) includes loan participations at face         
    value, net of an allowance for loan losses                                                          
    updated as of June 30, 2021.                                                                            
    c. 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.                                                               
    d. 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: 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       Aug 11, 2021   Wednesday    Wednesday  
                                                        consolidation                 Aug 4, 2021 Aug 12, 2020 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,250   -        3   -      263  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     8,111,359   +   24,618   +1,454,205  
    Securities held outright (1)                                          7,690,627   +   25,860   +1,434,639  
      U.S. Treasury securities                                            5,303,495   +   25,860   +  983,402  
        Bills (2)                                                           326,044            0            0  
        Notes and bonds, nominal (2)                                      4,568,639   +   25,005   +  886,870  
        Notes and bonds, inflation-indexed (2)                              350,142            0   +   74,435  
        Inflation compensation (3)                                           58,670   +      855   +   22,097  
      Federal agency debt securities (2)                                      2,347            0            0  
      Mortgage-backed securities (4)                                      2,384,785            0   +  451,237  
    Unamortized premiums on securities held outright  
    (5)                                                                     353,035   +      247   +   30,073  
    Unamortized discounts on securities held outright 
    (5)                                                                     -14,803   -       65   -    9,923  
    Repurchase agreements (6)                                                     0            0            0  
    Loans (7)                                                                82,500   -    1,425   -      584  
  Net portfolio holdings of Commercial Paper          
    Funding Facility II LLC (8)                                                   0            0   -    8,603  
  Net portfolio holdings of Corporate Credit          
  Facilities LLC (8)                                                         17,114   -    5,545   -   27,299  
  Net portfolio holdings of MS Facilities LLC (Main   
    Street Lending Program) (8)                                              30,575   +        8   -    7,159  
  Net portfolio holdings of Municipal Liquidity       
  Facility LLC (8)                                                            9,764   +        1   -    6,324  
  Net portfolio holdings of TALF II LLC (8)                                   4,513            0   -    5,611  
  Items in process of collection                                   (0)           76   -       32   +       31  
  Bank premises                                                               1,665   -       12   -      532  
  Central bank liquidity swaps (9)                                              492   +       14   -   99,290  
  Foreign currency denominated assets (10)                                   21,124   -      193   -      394  
  Other assets (11)                                                          42,988   +    3,228   +    1,118  
                                                                                                               
Total assets                                                       (0)    8,257,159   +   22,086   +1,299,882  

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       Aug 11, 2021   Wednesday    Wednesday  
                                                        consolidation                 Aug 4, 2021 Aug 12, 2020 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         2,139,815   +      698   +  182,431 
  Reverse repurchase agreements (12)                                       1,267,998   +   51,641   +1,049,652 
  Deposits                                                          (0)    4,758,820   -   30,045   +  140,793 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         4,127,290   +   81,397   +1,299,120 
    U.S. Treasury, General Account                                           389,747   -  116,124   -1,245,396 
    Foreign official                                                           7,631   +      455   -    8,591 
    Other (13)                                                      (0)      234,151   +    4,226   +   95,659 
  Deferred availability cash items                                  (0)          231   +       27   -      103 
  Treasury contributions to credit facilities (14)                            40,278            0   -   73,722 
  Other liabilities and accrued dividends (15)                                10,282   -      273   -       17 
                                                                                                               
Total liabilities                                                   (0)    8,217,425   +   22,049   +1,299,034 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             32,949   +       37   +      887 
  Surplus                                                                      6,785            0   -       40 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 39,734   +       37   +      847 

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.                                                                                
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 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.                                                                                       
15. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, August 11, 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         531       5,422          523         752       1,187       2,188       1,136         475         273         455       1,220       2,075
  Coin                                             1,250          18          23          115          59         180         114         234          16          31          87         147         227
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans (1)                             8,111,359     134,266   4,548,703      172,843     307,894     539,360     471,136     438,834     105,479      88,435     108,351     356,027     840,032
  Net portfolio holdings of Corporate       
    Credit Facilities LLC (2)                     17,114           0      17,114            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of MS                                                                                                                                                                           
    Facilities LLC (Main Street Lending                                                                                                                                                                  
    Program) (2)                                  30,575      30,575           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Municipal       
    Liquidity Facility LLC (2)                     9,764           0       9,764            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF II LLC (2)        4,513           0       4,513            0           0           0           0           0           0           0           0           0           0
  Central bank liquidity swaps (3)                   492          22         165           18          43         102          22          19           9           4           5           9          72
  Foreign currency denominated                                                                                                                                                                           
     assets (4)                                   21,124         959       7,101          758       1,826       4,396         955         828         402         180         229         381       3,111
  Other assets (5)                                44,729         837      23,837        1,044       1,694       3,264       2,753       2,469         742         544         910       2,079       4,556
  Interdistrict settlement account                     0  +   17,812  -  430,082   +   13,519  +   24,022  +   27,514  +   59,887  +  102,407  +   16,430  -    9,151  +   16,134  +   47,763  +  113,746
                                                                                                                                                                                                         
Total assets                                   8,257,159     185,020   4,186,561      188,820     336,289     576,004     537,055     545,927     123,552      80,315     126,171     407,626     963,819

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, August 11, 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                   2,139,815      68,096     692,225      63,628     103,067     155,299     306,050     126,143      57,964      32,891      53,839     196,350     284,262
  Reverse repurchase agreements (6)            1,267,998      21,189     716,743      26,781      46,137      84,966      74,295      69,195      16,531       9,811      16,838      56,073     129,437
  Deposits                                     4,758,820      79,234   2,733,911      96,592     183,149     326,523     154,180     348,362      48,068      37,018      54,782     153,743     543,259
    Depository institutions                    4,127,290      79,222   2,285,404      96,591     183,110     325,949     154,044     167,438      48,058      36,799      53,973     153,470     543,232
    U.S. Treasury, General Account               389,747           0     389,747           0           0           0           0           0           0           0           0           0           0
    Foreign official                               7,631           2       7,605           1           3           8           2           2           1           0           0           1           6
    Other (7)                                    234,151          10      51,155           0          36         566         134     180,922           9         219         808         272          20
  Earnings remittances due to the U.S.      
     Treasury (8)                                  2,936          32       1,770          54          98         153         173         156          36          16          29         132         285
  Treasury contributions to credit          
     facilities (9)                               40,278      16,572      23,706           0           0           0           0           0           0           0           0           0           0
  Other liabilities and accrued             
     dividends                                     7,577      -1,870       4,900         265         330         893         589         530         210         354         247         389         740
                                                                                                                                                                                                        
Total liabilities                              8,217,425     183,254   4,173,256     187,320     332,781     567,835     535,287     544,386     122,809      80,090     125,735     406,687     957,983
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 32,949       1,457      11,025       1,256       2,922       6,756       1,461       1,275         614         167         362         816       4,837
  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                  8,257,159     185,020   4,186,561     188,820     336,289     576,004     537,055     545,927     123,552      80,315     126,171     407,626     963,819

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, August 11, 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, 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.                                   
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 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.                                                                                                                                                                                
                                                                                                                                                                                                            



    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   
                                                                                          Aug 11, 2021  

Federal Reserve notes outstanding                                                            2,360,255  
  Less: Notes held by F.R. Banks not subject to collateralization                              220,440  
    Federal Reserve notes to be collateralized                                               2,139,815  
Collateral held against Federal Reserve notes                                                2,139,815  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   2,123,579  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       7,690,627  
  Less: Face value of securities under reverse repurchase agreements                         1,200,452  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        6,490,175  

Note: Components may not sum to totals because of rounding.


1.  Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright,        
    compensation to adjust for the effect of inflation on the original face value of inflation-indexed  
    securities, and cash value of repurchase agreements.                                                
2.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.`

Statistical releases

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