---

`FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                 February 2, 2017


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended   Feb 1, 2017 
Federal Reserve Banks                                      Feb 1, 2017 Jan 25, 2017  Feb 3, 2016              

Reserve Bank credit                                         4,415,089   -    4,071   -   29,797    4,415,304  
  Securities held outright (1)                              4,224,237   -    3,419   -   12,561    4,224,242  
    U.S. Treasury securities                                2,463,436   -       42   +    2,135    2,463,426  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,341,971   -      235   -    4,668    2,341,382  
      Notes and bonds, inflation-indexed (2)                  104,342   +      236   +    5,808      104,930  
      Inflation compensation (3)                               17,123   -       42   +      994       17,114  
    Federal agency debt securities (2)                         16,180            0   -   15,138       16,180  
    Mortgage-backed securities (4)                          1,744,621   -    3,377   +      442    1,744,636  
  Unamortized premiums on securities held outright (5)        171,314   -      491   -   16,478      171,203  
  Unamortized discounts on securities held outright (5)       -15,060   +       23   +    1,360      -15,070  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                            17   +        6   -       56           10  
    Primary credit                                                 14   +        6   -       51           10  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                 3            0   -        5            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,707   +        2   -       15        1,705  
  Float                                                          -621   -      249   -      544         -311  
  Central bank liquidity swaps (8)                                392   -       94   +      301          392  
  Other Federal Reserve assets (9)                             33,104   +      153   -    1,802       33,132  
Foreign currency denominated assets (10)                       19,875   +       18   +      169       19,996  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             48,604   +       14   +      988       48,604  
                                                                                                              
Total factors supplying reserve funds                       4,499,809   -    4,040   -   28,640    4,500,145  

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   Feb 1, 2017 
Federal Reserve Banks                                      Feb 1, 2017 Jan 25, 2017  Feb 3, 2016              

Currency in circulation (11)                                 1,498,390   -    1,947   +   84,674    1,500,147 
Reverse repurchase agreements (12)                             371,717   -   17,666   +   50,088      391,779 
  Foreign official and international accounts                  252,232   -       28   +   20,082      258,049 
  Others                                                       119,485   -   17,638   +   30,007      133,730 
Treasury cash holdings                                             219   +       15   -       45          232 
Deposits with F.R. Banks, other than reserve balances          427,523   -   22,404   +   56,025      389,212 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               374,841   -   16,001   +   23,983      339,229 
  Foreign official                                               5,189   +       10   -       87        5,335 
  Other (13)                                                    47,492   -    6,414   +   32,128       44,648 
Other liabilities and capital (14)                              46,835   -      666   +      463       46,681 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,344,683   -   42,668   +  191,204    2,328,052 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,155,126   +   38,629   -  219,845    2,172,093 

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 and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
14. Includes the liability for earnings remittances due to the U.S. Treasury.                               
                                                                                                            



Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended   Feb 1, 2017 
                                                           Feb 1, 2017 Jan 25, 2017  Feb 3, 2016              

Securities held in custody for foreign official and       
     international accounts                                  3,165,307   -    5,314   -  108,206    3,157,236 
  Marketable U.S. Treasury securities (1)                    2,847,471   -    7,361   -  114,758    2,839,144 
  Federal agency debt and mortgage-backed securities (2)       256,035   +      534   -    7,379      255,859 
  Other securities (3)                                          61,801   +    1,513   +   13,931       62,233 
Securities lent to dealers                                      15,303   -      996   -      185       18,314 
  Overnight facility (4)                                        15,303   -      996   -      185       18,314 
    U.S. Treasury securities                                    15,248   -    1,004   -      173       18,267 
    Federal agency debt securities                                  55   +        8   -       13           47 

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, February 1, 2017    

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                           10             0             0             0             0           ...            10 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                   7,159        41,249       167,127     1,210,166       407,659       630,067     2,463,426 
  Weekly changes                        -      197    +    6,899    +   13,788    -   23,097    +    2,593    -       21    -       36 
Federal agency debt securities (2)                                                                                                     
  Holdings                                   2,851         1,500         7,438         2,044             0         2,347        16,180 
  Weekly changes                        +    2,851    -    2,851             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           120        10,613     1,733,903     1,744,636 
  Weekly changes                                 0             0             0             0             0    +       43    +       42 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               392             0             0             0             0             0           392 
                                                                                                                                       
Reverse repurchase agreements (4)          391,779             0           ...           ...           ...           ...       391,779 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                       Feb 1, 2017  

Mortgage-backed securities held outright (1)                                                                             1,744,636  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           40,511  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    1  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
2.  Current face value. Generally settle within 180 days and include commitments associated with            
    outright transactions, dollar rolls, and coupon swaps.                                              
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                       Feb 1, 2017  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,705  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                    0  



1.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued
    quarterly. This table reflects valuations as of December 31, 2016. Any assets purchased after this  
    valuation date are initially recorded at cost until their estimated fair value as of the purchase date
    becomes available.                                                                                  
2.  Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's            
    statement of condition consistent with consolidation under generally accepted accounting principles. Refer
    to the note on consolidation accompanying table 6.                                                  
3.  Book value. The fair value of these obligations is included in other liabilities and capital in         
    table 1 and in other liabilities and accrued dividends in table 5 and table 6.                      


Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to
acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit
extended and to minimize disruption to financial markets. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from        Feb 1, 2017   Wednesday    Wednesday  
                                                        consolidation                Jan 25, 2017  Feb 3, 2016 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,951   +       13   -       48  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,380,385   -      289   -   27,636  
    Securities held outright (1)                                          4,224,242   +        6   -   12,524  
      U.S. Treasury securities                                            2,463,426   -       36   +    2,157  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,341,382   -      824   -    5,257  
        Notes and bonds, inflation-indexed (2)                              104,930   +      824   +    6,396  
        Inflation compensation (3)                                           17,114   -       35   +    1,017  
      Federal agency debt securities (2)                                     16,180            0   -   15,138  
      Mortgage-backed securities (4)                                      1,744,636   +       42   +      457  
    Unamortized premiums on securities held outright  
    (5)                                                                     171,203   -      302   -   16,453  
    Unamortized discounts on securities held outright 
    (5)                                                                     -15,070   +        1   +    1,341  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                        10   +        6            0  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,705   -        2   -       17  
  Items in process of collection                                   (0)           82   +        1   -      109  
  Bank premises                                                               2,197   -        8   -       33  
  Central bank liquidity swaps (8)                                              392   -       73   +      301  
  Foreign currency denominated assets (9)                                    19,996   +       38   -        5  
  Other assets (10)                                                          30,935   +    1,362   -    2,067  
                                                                                                               
Total assets                                                       (0)    4,453,881   +    1,043   -   29,614  

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        Feb 1, 2017   Wednesday    Wednesday  
                                                        consolidation                Jan 25, 2017  Feb 3, 2016 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,453,722   +      842   +   83,468 
  Reverse repurchase agreements (11)                                         391,779   +   30,215   +   99,508 
  Deposits                                                          (0)    2,561,305   -   30,431   -  213,079 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,172,093   +   35,081   -  269,183 
    U.S. Treasury, General Account                                           339,229   -   62,506   +   26,596 
    Foreign official                                                           5,335   +      170   -      204 
    Other (12)                                                      (0)       44,648   -    3,176   +   29,712 
  Deferred availability cash items                                  (0)          393   -      203   +      195 
  Other liabilities and accrued dividends (13)                                 6,226   +      615   -      655 
                                                                                                               
Total liabilities                                                   (0)    4,413,426   +    1,039   -   30,563 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,455   +        5   +      949 
  Surplus                                                                     10,000            0            0 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,455   +        5   +      949 

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 and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Revalued daily at current foreign currency exchange rates.                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
13. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, February 1, 2017
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         355       3,588          359         586         760       1,541         753         360         193         296         875       1,371
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,951          53          77          164         138         311         200         290          33          54         119         200         314
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,380,385     107,605   2,492,727      118,937     131,185     267,701     245,166     174,536      55,284      32,295      60,963     155,918     538,068
    Securities held outright (1)               4,224,242     103,770   2,403,877      114,697     126,509     258,159     236,427     168,314      53,313      31,143      58,790     150,361     518,880
      U.S. Treasury securities                 2,463,426      60,515   1,401,855       66,887      73,775     150,549     137,876      98,155      31,090      18,162      34,284      87,685     302,592
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,463,426      60,515   1,401,855       66,887      73,775     150,549     137,876      98,155      31,090      18,162      34,284      87,685     302,592
      Federal agency debt securities (2)          16,180         397       9,208          439         485         989         906         645         204         119         225         576       1,987
      Mortgage-backed securities (4)           1,744,636      42,857     992,815       47,371      52,249     106,621      97,646      69,515      22,019      12,862      24,281      62,100     214,300
    Unamortized premiums on securities held 
      outright (5)                               171,203       4,206      97,426        4,649       5,127      10,463       9,582       6,822       2,161       1,262       2,383       6,094      21,030
    Unamortized discounts on securities     
      held outright (5)                          -15,070        -370      -8,576         -409        -451        -921        -843        -600        -190        -111        -210        -536      -1,851
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                             10           0           0            0           0           0           0           0           0           0           0           0          10
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,705           0       1,705            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      82           0           0            0           0           0          82           0           0           0           0           0           0
  Bank premises                                    2,197         118         436           72         107         202         205         200         113          89         238         222         195
  Central bank liquidity swaps (8)                   392          17         129           22          30          87          22          11           4           2           4           5          60
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   19,996         884       6,599        1,100       1,523       4,459       1,110         536         205          86         200         254       3,042
  Other assets (10)                               30,935         802      17,137          848         937       2,066       1,759       1,240         491         252         491       1,110       3,802
  Interdistrict settlement account                     0  -   25,383  +   17,758   -    6,505  -   12,051  -    9,703  +   12,400  +   13,797  +    4,193  +    2,422  +    3,287  +   18,685  -   18,901
                                                                                                                                                                                                         
Total assets                                   4,453,881      84,647   2,541,975      115,206     122,692     266,295     263,139     191,786      60,833      35,482      65,751     177,551     528,525

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, February 1, 2017 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,647,118      54,438     534,128      52,173      81,162     119,189     225,089     109,970      49,247      28,808      46,321     136,466     210,125
    Less: Notes held by F.R. Banks               193,395       6,380      51,011       7,139       9,863      14,991      28,368      12,973       5,785       3,252       6,167      17,653      29,813
      Federal Reserve notes, net               1,453,722      48,058     483,117      45,034      71,299     104,198     196,720      96,997      43,463      25,556      40,153     118,814     180,312
  Reverse repurchase agreements (11)             391,779       9,624     222,949      10,638      11,733      23,943      21,928      15,610       4,945       2,888       5,453      13,945      48,124
  Deposits                                     2,561,305      25,012   1,819,970      57,131      36,134     128,805      41,639      77,208      11,829       6,408      19,599      44,008     293,562
    Term deposits held by depository        
        institutions                                   0           0           0           0           0           0           0           0           0           0           0           0           0
    Other deposits held by depository       
        institutions                           2,172,093      25,003   1,446,580      57,129      36,131     128,736      41,630      61,511      11,809       6,407      19,598      44,006     293,554
    U.S. Treasury, General Account               339,229           0     339,229           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,335           2       5,309           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    44,648           7      28,852           0           0          60           7      15,696          20           0           1           2           2
  Deferred availability cash items                   393           0           0           0           0           0          83           0           0         311           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,214          48         425          48          50         146         113          24          24          24          34          67         209
  Other liabilities and accrued             
     dividends                                     5,012         151       2,563         180         181         454         298         254         130         124         117         199         361
                                                                                                                                                                                                        
Total liabilities                              4,413,426      82,893   2,529,024     113,031     119,398     257,546     260,781     190,093      60,391      35,311      65,356     177,034     522,568
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,455       1,320       9,749       1,637       2,479       6,588       1,774       1,274         333         129         297         389       4,485
  Surplus                                         10,000         434       3,202         538         815       2,161         583         419         109          42          97         128       1,473
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,453,881      84,647   2,541,975     115,206     122,692     266,295     263,139     191,786      60,833      35,482      65,751     177,551     528,525

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, February 1, 2017 (continued)


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.                                                                                                 
2.  Face value of the securities.                                                                                                                                                                           
3.  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.                               
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
9.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities. Also includes certain         
    deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.                                                   
13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after          
    providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $10 billion surplus.                                                                            
                                                                                                                                                                                                            


Note on consolidation:


On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to
acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the
remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual
returns and could have absorbed any residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the
assets and liabilities of FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was
eliminated, the net assets of ML appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only
to the ML portfolio holdings, were included in other liabilities in this table (and table 1 and table 5).

                                                                                 



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                           Feb 1, 2017  

Federal Reserve notes outstanding                                                            1,647,118  
  Less: Notes held by F.R. Banks not subject to collateralization                              193,395  
    Federal Reserve notes to be collateralized                                               1,453,722  
Collateral held against Federal Reserve notes                                                1,453,722  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,437,485  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,224,242  
  Less: Face value of securities under reverse repurchase agreements                           378,568  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,845,674  

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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