---

`FEDERAL RESERVE statistical release

For Release at
4:30 P.M. EDT
June 12, 2014

Table 10 line items “Less: Face value of securities under reverse repurchase agreements” and “U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged” have been corrected to include securities pledged as collateral for tri-party reverse repurchase agreements. 
The revised data are reported at the following link: http://www.federalreserve.gov/releases/h41/2014update.htm.
Historical data incorporating this correction can be accessed through the Data Download Program (DDP) at http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41. 

FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                          December 17, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Dec 16, 2009  Dec 9, 2009 Dec 17, 2008 Dec 16, 2009

Reserve Bank credit                                       2,190,568   +   22,764   -   35,220    2,218,036
  Securities held outright (1)                            1,807,332   +   21,044   +1,314,567    1,835,480       
    U.S. Treasury securities                                776,561   +       11   +  300,383      776,565
      Bills (2)                                              18,423            0            0       18,423
      Notes and bonds, nominal (2)                          707,649            0   +  297,158      707,649
      Notes and bonds, inflation-indexed (2)                 44,643            0   +    3,572       44,643
      Inflation compensation (3)                              5,847   +       11   -      345        5,851
    Federal agency debt securities (2)                      156,788   +    1,260   +  140,201      157,685
    Mortgage-backed securities (4)                          873,984   +   19,774   +  873,984      901,231
  Repurchase agreements (5)                                       0            0   -   80,000            0
  Term auction credit                                        85,832            0   -  362,127       85,832  
  Other loans                                                86,771   +    2,292   -  125,754       86,195
    Primary credit                                           19,093   -      257   -   69,314       19,217
    Secondary credit                                            212   +      181   +      209          255
    Seasonal credit                                              36   +        4   +       34           38
    Primary dealer and other broker-dealer credit (6)             0            0   -   50,493            0
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                              0            0   -   29,274            0
    Credit extended to American International
      Group, Inc., net (7)                                   20,648   -      135   -   23,699       19,933
    Term Asset-Backed Securities Loan Facility, net (8)      46,782   +    2,498   +   46,782       46,752
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (9)                                 14,032   -      568   -  301,235       14,039
  Net portfolio holdings of Maiden Lane LLC (10)             26,504   +       36   -      388       26,578
  Net portfolio holdings of Maiden Lane II LLC (11)          15,572   -       36   -    1,947       15,578
  Net portfolio holdings of Maiden Lane III LLC (12)         22,624   +       14   +    3,016       22,642
  Net portfolio holdings of TALF LLC (13)                       266            0   +      266          266
  Preferred interests in AIA Aurora LLC and ALICO
    Holdings LLC (14)                                        25,000            0   +   25,000       25,000
  Float                                                      -1,853   +      291   -      817       -2,320
  Central bank liquidity swaps (15)                          14,492   -    2,015   -  557,272       14,492
  Other Federal Reserve assets (16)                          93,997   +    1,706   +   51,472       94,255
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    5,200            0   +    3,000        5,200
Treasury currency outstanding (17)                           42,691   +       14   +    4,017       42,691
       
Total factors supplying reserve funds                     2,249,500   +   22,778   -   28,203    2,276,968

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
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Dec 16, 2009  Dec 9, 2009 Dec 17, 2008 Dec 16, 2009

Currency in circulation (17)                                922,713   +    1,440   +   47,567      923,808
Reverse repurchase agreements (18)                           57,229   -      558   -   35,971       57,547
  Foreign official and international accounts                56,869   -      816   -   14,902       57,367
  Dealers                                                       360   +      257   -   21,069          180
Treasury cash holdings                                          220   -        7   -        7          228
Deposits with F.R. Banks, other than reserve balances       103,164   +   49,302   -  351,584      152,111       
  U.S. Treasury, general account                             76,741   +   44,948   -    2,891      132,157
  U.S. Treasury, supplementary financing account             15,000   +        1   -  349,177       15,000
  Foreign official                                            1,524   -      910   +    1,286        1,440
  Service-related                                             3,194   +       62   -    1,424        3,194
    Required clearing balances                                3,132            0   -    1,459        3,132
    Adjustments to compensate for float                          62   +       62   +       35           62
  Other                                                       6,706   +    5,202   +      623          321
Other liabilities and capital (19)                           69,522   +    2,421   +   15,546       73,177

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,152,848   +   52,597   -  324,449    1,206,872

Reserve balances with Federal Reserve Banks               1,096,651   -   29,820   +  296,246    1,070,096
                                                                
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, net of unamortized deferred administrative fees.
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,
    and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora LLC and 
    ALICO Holdings LLC.
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
Memorandum item                                           Week ended   Change from week ended     Wednesday
                                                         Dec 16, 2009  Dec 9, 2009 Dec 17, 2008 Dec 16, 2009

Marketable securities held in custody for foreign
      official and international accounts (1)             2,948,502   +    4,859   +  450,297    2,959,211
  U.S. Treasury securities                                2,177,062   +    5,570   +  520,499    2,186,221
  Federal agency securities (2)                             771,441   -      710   -   70,201      772,990
Securities lent to dealers                                    8,894   +      557   -  178,252        8,300   
  Overnight facility (3)                                      8,894   +      557   +    3,322        8,300
    U.S. Treasury securities                                  8,001   +      583   +    2,429        7,396
    Federal agency debt securities                              893   -       26   +      893          904
  Term facility (4)                                               0            0   -  181,575            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,  December 16, 2009
Millions of dollars

Remaining maturity                 Within 15  16 days to  91 days to  Over 1 year  Over 5 years  Over 10       All
                                      days     90 days      1 year     to 5 years   to 10 years   years 
Term auction credit                   55,949      29,882         ---          ---           ---        ---      85,832
Other loans (1)                       15,022       4,488            0      66,685             0        ---      86,195
U.S. Treasury securities (2) 
  Holdings                            19,502      20,473       49,799     329,281       212,766    144,743     776,565
  Weekly changes                  +    6,966  -    6,488   +       85  -      742    +      115 +       74  +       11
Federal agency debt securities (3) 
  Holdings                                 0       2,868       21,350      97,854        33,566      2,047     157,685
  Weekly changes                  -       30  +    1,277   -      983  +    1,276             0          0  +    1,540
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    901,231     901,231
  Weekly changes                           0           0            0           0             0 +   46,918  +   46,918
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                         0       9,440            0         ---           ---        ---       9,440
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)      10,265       4,227            0           0             0          0      14,492

Reverse repurchase agreements (7)     57,547           0          ---         ---           ---        ---      57,547
  
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                                                                                    Dec 16, 2009

Mortgage-backed securities held outright (1)                                                       901,231

Commitments to buy mortgage-backed securities (2)                                                  151,900
Commitments to sell mortgage-backed securities (2)                                                   9,475

Cash and cash equivalents (3)                                                                        1,961

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                                                                                    Dec 16, 2009
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       26,578

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)                                   407
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,246
 
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 September 30, 2009.  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                                                                                     Dec 16, 2009

Net portfolio holdings of Maiden Lane II LLC (1)                                                     15,578

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            15,739
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    258
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,035

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 September 30, 2009.  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                                                                                     Dec 16, 2009

Net portfolio holdings of Maiden Lane III LLC (1)                                                    22,642

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            18,159
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    331
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,186

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 September 30, 2009.  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                                                                                     Dec 16, 2009

Commercial paper holdings, net (1)                                                                    9,218
Other investments, net                                                                                4,821
Net portfolio holdings of Commercial Paper Funding Facility LLC                                      14,039

Memorandum: Commercial paper holdings, face value                                                     9,440

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)             9,374
Accrued interest payable to the Federal Reserve Bank of New York (2)                                      3

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                                                                                     Dec 16, 2009

Asset-backed securities holdings (1)                                                                      0
Other investments, net                                                                                  266
Net portfolio holdings of TALF LLC                                                                      266

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)                   102

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                                                                                     Dec 16, 2009

Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                     25,000
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                    55

Preferred interests in AIA Aurora LLC (1)                                                            16,000
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                           35

Preferred interests in ALICO Holdings LLC (1)                                                         9,000
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                       20

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                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Dec 16, 2009      Dec 9, 2009     Dec 17, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          5,200                0       +    3,000
Coin                                                                2,045       +        8       +      368
Securities, repurchase agreements, term auction
      credit, and other loans                                   2,007,507       +   50,365       +  779,245
  Securities held outright (1)                                  1,835,480       +   48,468       +1,341,721
    U.S. Treasury securities                                      776,565       +       11       +  300,427       
      Bills (2)                                                    18,423                0                0
      Notes and bonds, nominal (2)                                707,649                0       +  297,158
      Notes and bonds, inflation-indexed (2)                       44,643                0       +    3,572
      Inflation compensation (3)                                    5,851       +       11       -      301
    Federal agency debt securities (2)                            157,685       +    1,540       +  140,064
    Mortgage-backed securities (4)                                901,231       +   46,918       +  901,231
  Repurchase agreements (5)                                             0                0       -   80,000    
  Term auction credit                                              85,832                0       -  362,127
  Other loans                                                      86,195       +    1,897       -  120,349
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                         14,039       +       12       -  304,804
Net portfolio holdings of Maiden Lane LLC (7)                      26,578       +       87       -      332
Net portfolio holdings of Maiden Lane II LLC (8)                   15,578       +        7       -    4,453
Net portfolio holdings of 
  Maiden Lane III LLC (9)                                          22,642       +       21       +    2,986
Net portfolio holdings of TALF LLC (10)                               266                0       +      266
Preferred interests in AIA Aurora LLC and 
  ALICO Holdings LLC (11)                                          25,000                0       +   25,000
Items in process of collection                         (272)          325       -       71       -      578
Bank premises                                                       2,239       +        5       +       54
Central bank liquidity swaps (12)                                  14,492       -    2,013       -  568,643
Other assets (13)                                                  92,021       +      961       +   50,373
     
      Total assets                                     (272)    2,238,968       +   49,382       -   17,519

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                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Dec 16, 2009      Dec 9, 2009     Dec 17, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  883,387       +      192       +   42,646
Reverse repurchase agreements (14)                                 57,547       +    1,031       -   14,381
Deposits                                                 (2)    1,222,213       +   41,099       -   64,664       
  Depository institutions                                       1,073,295       -   33,374       +  271,553
  U.S. Treasury, general account                                  132,157       +   76,793       +   11,714
  U.S. Treasury, supplementary financing account                   15,000       +        1       -  349,177
  Foreign official                                                  1,440       -      876       +    1,250
  Other                                                  (2)          321       -    1,445       -        4
Deferred availability cash items                       (271)        2,645       +      182       +      236
Other liabilities and accrued dividends (15)                       20,927       +    6,780       +   11,699

      Total liabilities                                (272)    2,186,718       +   49,283       -   24,465
                          
Capital accounts
Capital paid in                                                    25,637       +       12       +    4,567
Surplus                                                            21,465       +        8       +    4,280
Other capital accounts                                              5,149       +       79       -    1,900

      Total capital                                                52,251       +       99       +    6,947

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,
    and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora LLC and 
    ALICO Holdings LLC.
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,  December 16, 2009
Millions of dollars
                                                                                                                                                            Kansas                San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City     Dallas   Francisco

Assets                        
Gold certificate account                      11,037        412      3,895        450        467        882      1,356        911        329        197        335        621      1,182
Special drawing rights certificate acct.       5,200        196      1,818        210        237        412        654        424        150         90        153        282        574
Coin                                           2,045         65         77        165        151        291        225        297         34         62        138        216        324
Securities, repurchase agreements, term
      auction credit, and other loans      2,007,507     42,666    861,708     33,579     74,344     67,444    221,543    201,122     73,046     30,700     83,817     89,303    228,234
  Securities held outright (1)             1,835,480     35,210    717,444     28,476     72,516     66,145    221,150    198,619     71,907     30,387     82,852     88,748    222,026
    U.S. Treasury securities                 776,565     14,897    303,540     12,048     30,681     27,985     93,565     84,033     30,423     12,856     35,053     37,548     93,936
      Bills (2)                               18,423        353      7,201        286        728        664      2,220      1,994        722        305        832        891      2,228
      Notes and bonds (3)                    758,142     14,544    296,339     11,762     29,953     27,321     91,346     82,039     29,701     12,551     34,222     36,657     91,707
    Federal agency debt securities (2)       157,685      3,025     61,635      2,446      6,230      5,682     18,999     17,063      6,177      2,611      7,118      7,624     19,074
    Mortgage-backed securities (4)           901,231     17,288    352,269     13,982     35,606     32,478    108,586     97,523     35,307     14,920     40,681     43,576    109,016
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                         85,832      7,332     59,209      5,073      1,827      1,122        279      2,150      1,123        280        955        550      5,933     
  Other loans                                 86,195        124     85,055         30          1        177        115        354         16         33         10          5        276
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)              14,039          0     14,039          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden Lane 
  LLC (7)                                     26,578          0     26,578          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (8)                             15,578          0     15,578          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (9)                            22,642          0     22,642          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of TALF LLC (10)          266          0        266          0          0          0          0          0          0          0          0          0          0
Preferred interests in AIA Aurora LLC
  and ALICO Holdings LLC (11)                 25,000          0     25,000          0          0          0          0          0          0          0          0          0          0
Items in process of collection                   597         27          0         97        133         14         66         38         39         31         38         48         67
Bank premises                                  2,239        121        260         70        145        237        222        206        135        111        268        252        213
Central bank liquidity swaps (12)             14,492        581      3,856      1,592      1,067      4,112      1,108        484        144        223        143        186        996
Other assets (13)                             92,021      2,333     32,762      3,934      4,511      9,857      9,872      7,925      2,836      1,508      3,221      3,525      9,738
Interdistrict settlement account                   0  +  18,270  +  40,781  +  25,125  -  19,986  + 213,445  -  73,434  -  90,835  -  34,776  -   8,993  -  32,684  -  22,206  -  14,706

      Total assets                         2,239,241     64,671  1,049,259     65,222     61,068    296,694    161,612    120,571     41,936     23,927     55,430     72,227    226,622

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,  December 16, 2009 (continued)
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis  City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding           1,082,029     35,955    398,708     38,700     45,063     82,736    135,792     85,696     30,641     19,405     28,826     63,311    117,195
  Less: Notes held by F.R. Banks              198,643      4,075     72,567      6,279      8,284     10,782     31,686     12,906      4,326      2,787      3,056     14,130     27,764
    Federal Reserve notes, net                883,387     31,879    326,141     32,421     36,779     71,954    104,106     72,790     26,315     16,619     25,770     49,181     89,431
Reverse repurchase agreements (14)             57,547      1,104     22,494        893      2,274      2,074      6,934      6,227      2,254        953      2,598      2,782      6,961
Deposits                                    1,222,214     29,370    673,432     25,867     17,089    207,515     45,231     38,387     12,156      4,291     25,808     18,616    124,453
  Depository institutions                   1,073,295     29,359    524,676     25,863     17,086    207,418     45,226     38,354     12,153      4,290     25,806     18,615    124,450
  U.S. Treasury, general account              132,157          0    132,157          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                          15,000          0     15,000          0          0          0          0          0          0          0          0          0          0
  Foreign official                              1,440          2      1,411          4          3         11          3          1          0          1          0          1          3
  Other                                           323         10        189          0          1         85          2         32          3          0          1          0          1
Deferred availability cash items                2,915         79          0        302        444        117        335        231        101        330        162        186        627
Other liabilities and accrued                 
  dividends (15)                               20,927        344     11,699        365        635        928      1,669      1,465        576        295        618        700      1,633
   
      Total liabilities                     2,186,990     62,777  1,033,765     59,849     57,221    282,587    158,275    119,100     41,403     22,487     54,955     71,465    223,105
                              
Capital                    
Capital paid in                                25,637        944      7,440      2,800      1,910      7,136      1,581        623        240        712        210        353      1,687
Surplus                                        21,465        844      5,992      2,316      1,551      5,983      1,612        704        209        324        207        271      1,450
Other capital                                   5,149        105      2,061        257        386        988        144        144         84        405         57        138        380

      Total liabilities and capital         2,239,241     64,671  1,049,259     65,222     61,068    296,694    161,612    120,571     41,936     23,927     55,430     72,227    226,622
                              
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,  December 16, 2009 (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, and accrued dividends on the Federal Reserve Bank of New York's 
    preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
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

Federal Reserve notes and collateral                                                              Wednesday
                                                                                                Dec 16, 2009
              
Federal Reserve notes outstanding                                                                1,082,029
  Less: Notes held by F.R. Banks not subject to collateralization                                  198,643
    Federal Reserve notes to be collateralized                                                     883,387 
Collateral held against Federal Reserve notes                                                      883,387
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         867,150
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                           1,835,480
  Less: Face value of securities under reverse repurchase agreements                                56,986
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                       1,778,495
   
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

---

Home Economic research and data  Accessibility Contact Us  Last update: December 17, 2009