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`FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                    June 17, 2021


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Jun 16, 2021 
Federal Reserve Banks                                     Jun 16, 2021  Jun 9, 2021 Jun 17, 2020              

Reserve Bank credit                                         7,964,723   +   59,338   +  879,556    8,025,033  
  Securities held outright (1)                              7,425,364   +   54,198   +1,346,739    7,484,242  
    U.S. Treasury securities                                5,141,849   +   17,300   +  978,579    5,153,771  
      Bills (2)                                               326,044            0            0      326,044  
      Notes and bonds, nominal (2)                          4,416,857   +   14,404   +  878,632    4,427,372  
      Notes and bonds, inflation-indexed (2)                  346,229   +    1,886   +   83,535      347,259  
      Inflation compensation (3)                               52,719   +    1,009   +   16,412       53,096  
    Federal agency debt securities (2)                          2,347            0            0        2,347  
    Mortgage-backed securities (4)                          2,281,168   +   36,898   +  368,160    2,328,124  
  Unamortized premiums on securities held outright (5)        350,516   +    1,132   +   40,163      351,548  
  Unamortized discounts on securities held outright (5)       -13,947   -      207   -    8,539      -13,941  
  Repurchase agreements (6)                                         0            0   -  120,429            0  
    Foreign official                                                0            0            0            0  
    Others                                                          0            0   -  120,429            0  
  Loans                                                        87,843   +    1,334   -    8,559       87,185  
    Primary credit                                                510   +       24   -    7,429          584  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                 9            0   -        3            9  
    Primary Dealer Credit Facility                                  0            0   -    5,621            0  
    Money Market Mutual Fund Liquidity Facility                     0            0   -   25,604            0  
    Paycheck Protection Program Liquidity Facility             87,324   +    1,310   +   30,098       86,591  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Commercial Paper Funding      
    Facility II LLC (7)                                         8,554            0   -    4,242        8,554  
  Net portfolio holdings of Corporate Credit Facilities   
  LLC (7)                                                      25,854   -       52   -   12,256       25,844  
  Net portfolio holdings of MS Facilities LLC (Main       
    Street Lending Program) (7)                                30,561   -        8   -    1,314       30,529  
  Net portfolio holdings of Municipal Liquidity           
  Facility LLC (7)                                             10,734   -       83   -    5,344       10,736  
  Net portfolio holdings of TALF II LLC (7)                     4,762   +        1   +    4,762        4,762  
  Float                                                          -125   -       16   +      104          -95  
  Central bank liquidity swaps (8)                                500   -       16   -  352,084          500  
  Other Federal Reserve assets (9)                             34,107   +    3,056   +      554       35,168  
Foreign currency denominated assets (10)                       21,596   -       78   +      673       21,589  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             50,684   +       14   +      442       50,684  
                                                                                                              
Total factors supplying reserve funds                       8,053,243   +   59,273   +  880,670    8,113,547  

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  Jun 16, 2021 
Federal Reserve Banks                                     Jun 16, 2021  Jun 9, 2021 Jun 17, 2020              

Currency in circulation (11)                                 2,178,607   -    1,485   +  221,811    2,178,952 
Reverse repurchase agreements (12)                             761,281   +   50,771   +  528,316      743,760 
  Foreign official and international accounts                  219,458   -    3,112   -   12,882      222,818 
  Others                                                       541,823   +   53,883   +  541,197      520,942 
Treasury cash holdings                                              43   +        5   -       70           43 
Deposits with F.R. Banks, other than reserve balances        1,068,651   -   58,119   -  677,825    1,184,041 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               653,889   -   76,346   -  906,961      765,114 
  Foreign official                                              27,160   -      228   +   10,910       26,955 
  Other (13)                                                   387,602   +   18,455   +  218,226      391,972 
Treasury contributions to credit facilities (14)                50,278            0   -   56,579       50,278 
Other liabilities and capital (15)                              54,345   +    2,435   +    3,470       50,738 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  4,113,205   -    6,394   +   19,123    4,207,812 
                                                                                                              
Reserve balances with Federal Reserve Banks                  3,940,038   +   65,667   +  861,547    3,905,735 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt
    securities, and mortgage-backed securities, amortization is on an effective-interest basis.         
6.  Cash value of agreements.                                                                               
7.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury      
    contributions to the facility. Refer to note on consolidation below.                                
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Includes bank premises, accrued interest, and other accounts receivable. Also includes net              
    portfolio holdings of Maiden Lane LLC.                                                              
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities                                                          
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, designated financial market utilities, and deposits held by depository
    institutions in joint accounts in connection with their participation in certain private-sector payment
    arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, 
    for services provided by the Reserve Banks as fiscal agents of the United States.                   
14. Book value. Amount of equity investments in Commercial Paper Funding Facility II LLC of $10             
    billion, Corporate Credit Facilities LLC of $13.9 billion, MS Facilities LLC of $16.6 billion, Municipal
    Liquidity Facility LLC of $6.3 billion, and TALF II LLC of $3.5 billion.                            
15. Includes the liability for earnings remittances due to the U.S. Treasury.                               
                                                                                                            



Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Jun 16, 2021 
                                                          Jun 16, 2021  Jun 9, 2021 Jun 17, 2020              

Securities held in custody for foreign official and       
     international accounts                                  3,538,445   -    9,181   +  119,125    3,536,840 
  Marketable U.S. Treasury securities (1)                    3,098,501   -    9,394   +  141,768    3,098,053 
  Federal agency debt and mortgage-backed securities (2)       350,549   -       59   -   27,024      350,305 
  Other securities (3)                                          89,395   +      272   +    4,381       88,483 
Securities lent to dealers                                      36,383   +      179   +    2,722       31,333 
  Overnight facility (4)                                        36,383   +      179   +    2,722       31,333 
    U.S. Treasury securities                                    36,383   +      179   +    2,722       31,333 
    Federal agency debt securities                                   0            0            0            0 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           








2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, June 16, 2021
Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans (1)                                      359           234        18,430        68,159             2           ...        87,185 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                  79,372       292,109       656,183     1,982,040       943,249     1,200,819     5,153,771 
  Weekly changes                        +   28,641    -   35,701    +   12,192    +    3,392    +    9,315    +    6,042    +   23,880 
Federal agency debt securities (3)                                                                                                     
  Holdings                                       0             0             0             0         2,134           213         2,347 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0            15         1,837        66,472     2,259,800     2,328,124 
  Weekly changes                                 0             0             0    -       10    -      937    +   84,801    +   83,854 
Commercial paper held by Commercial                                                                                                    
  Paper Funding Facility II LLC (5)              0             0             0           ...           ...           ...             0 
Loan participations held by MS                                                                                                         
  Facilities LLC (Main Street Lending                                                                                                   
  Program) (6)                                   0             0             0        16,292           ...           ...        16,292 
Municipal notes held by Municipal                                                                                                      
  Liquidity Facility LLC (7)                     0             0             0         5,358           ...           ...         5,358 
Loans held by TALF II LLC (8)                    0             0             0         1,628           ...           ...         1,628 
Repurchase agreements (9)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (10)              147           353             0             0             0             0           500 
Reverse repurchase agreements (9)          743,760             0           ...           ...           ...           ...       743,760 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Loans includes primary, secondary, and seasonal loans and credit extended through the Primary           
    Dealer Credit Facility, Paycheck Protection Program Liquidity Facility, and other credit extensions. Loans
    exclude the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding     
    Facility II LLC, Corporate Credit Facilities LLC, Municipal Liquidity Facility LLC, and TALF II LLC, and
    from the Federal Reserve Bank of Boston (FRBB) to MS Facilities LLC, which were eliminated when     
    preparing the FRBNY's and FRBB's statement of condition, respectively, consistent with consolidation under
    generally accepted accounting principles.                                                           
2.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
3.  Face value.                                                                                             
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Book value of commercial paper held by Commercial Paper Funding Facility II LLC.                        
6.  Book value of the loan participations held by the MS Facilities LLC.                                    
7.  Book value of the municipal notes held by the Municipal Liquidity Facility LLC.                         
8.  Book value of the loans held by the TALF II LLC.                                                        
9.  Cash value of agreements.                                                                               
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Jun 16, 2021  

Mortgage-backed securities held outright (1)                                                                             2,328,124  
  Residential mortgage-backed securities                                                                                 2,318,352  
  Commercial mortgage-backed securities                                                                                      9,772  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                          162,989  
Commitments to sell mortgage-backed securities (2)                                                                               5  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                  924  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
2.  Current face value. Includes residential and commercial mortgage-backed securities. Residential         
    mortgage-backed securities generally settle within 180 calendar days and include commitments associated
    with outright transactions, dollar rolls, and coupon swaps. Commercial mortgage-backed securities   
    generally settle within three business days.                                                        
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Credit Facilities LLCs
Millions of dollars
Credit Facilities LLCs:                                                  Wednesday Jun 16, 2021               
                                                                              Net portfolio holdings of       
                                                                               Credit Facilities LLCs         
                                                           Outstanding                                        
                                                            principal   Outstanding                           
                                                             amount      amount of    Treasury                
                                                             of loan     facility   contributions             
                                                           extended to     asset         and                  
                                                           the LLC (1) purchases (2)other assets (3)    Total    

Commercial Paper Funding Facility II LLC                             0            0        8,554        8,554 
Corporate Credit Facilities LLC                                 13,609       12,765       13,079       25,844 
MS Facilities LLC (Main Street Lending Program)                 16,228       13,634       16,895       30,529 
Municipal Liquidity Facility LLC                                 5,358        5,358        5,378       10,736 
TALF II LLC                                                      1,733        1,628        3,134        4,762 

Note: Components may not sum to totals because of rounding.


1.  Book value. This amount was eliminated when preparing the Federal Reserve Banks' statement of           
    condition consistent with consolidation under generally accepted accounting principles. Refer to the note
    on consolidation accompanying table 6. Loans are extended from the Federal Reserve Bank to the LLC  
    upon settlement of the investment activity.                                                         
2.  Outstanding amount of facility asset purchases:                                                         
    a. For the Commercial Paper Funding Facility II LLC includes commercial paper at book value.            
    b. For the Corporate Credit Facilities LLC includes exchange traded-funds at fair value and             
    corporate bonds at book value. Asset balances                                                       
    from trading activity are reported on a one-day lag after the transaction date.                         
    c. For the MS Facilities LLC (Main Street Lending Program) includes loan participations at face         
    value, net of an allowance for loan losses                                                          
    updated as of March 31, 2021.                                                                           
    d. For the Municipal Liquidity Facility LLC includes municipal notes at book value. Asset balances      
    from trading activity may be reported on                                                            
    a one-day lag after the transaction date.                                                               
    e. For the TALF II LLC includes loans to holders of eligible asset-backed securities at book value.     
3.  Includes short term receivables, interest and dividend receivables, and other assets of the             
    facility. Also includes the portion of the Treasury contribution to the credit facilities, which is held as
    investments in nonmarketable Treasury securities and the residual portion which is held as cash and 
    cash equivalents at the FRBNY. The amount of cash and cash equivalents held at the FRBNY are        
    eliminated in consolidation and, as result, are excluded from net portfolio holdings in Tables 1, 5, and 6.
    Amounts excluded are approximately 15% of Treasury contributions to the credit facilities from the  
    following consolidated LLCs: Commercial Paper Funding Facility II LLC, Corporate Credit Facilities LLC,
    Municipal Liquidity Facility LLC, and TALF II LLC. Refer to the note on consolidation accompanying  
    table 6.                                                                                            





5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Jun 16, 2021   Wednesday    Wednesday  
                                                        consolidation                 Jun 9, 2021 Jun 17, 2020 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,238   -        5   -      193  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     7,909,034   +  109,129   +1,338,862  
    Securities held outright (1)                                          7,484,242   +  107,734   +1,393,814  
      U.S. Treasury securities                                            5,153,771   +   23,880   +  984,431  
        Bills (2)                                                           326,044            0            0  
        Notes and bonds, nominal (2)                                      4,427,372   +   21,804   +  884,983  
        Notes and bonds, inflation-indexed (2)                              347,259   +    1,201   +   82,707  
        Inflation compensation (3)                                           53,096   +      875   +   16,740  
      Federal agency debt securities (2)                                      2,347            0            0  
      Mortgage-backed securities (4)                                      2,328,124   +   83,854   +  409,383  
    Unamortized premiums on securities held outright  
    (5)                                                                     351,548   +    1,868   +   40,522  
    Unamortized discounts on securities held outright 
    (5)                                                                     -13,941   -       78   -    8,575  
    Repurchase agreements (6)                                                     0            0   -   79,053  
    Loans (7)                                                                87,185   -      395   -    7,846  
  Net portfolio holdings of Commercial Paper          
    Funding Facility II LLC (8)                                               8,554            0   -    4,243  
  Net portfolio holdings of Corporate Credit          
  Facilities LLC (8)                                                         25,844   -       12   -   13,072  
  Net portfolio holdings of MS Facilities LLC (Main   
    Street Lending Program) (8)                                              30,529   -       47   -    1,347  
  Net portfolio holdings of Municipal Liquidity       
  Facility LLC (8)                                                           10,736   +        2   -    5,343  
  Net portfolio holdings of TALF II LLC (8)                                   4,762            0   +    4,762  
  Items in process of collection                                   (0)           63   +       13   +       12  
  Bank premises                                                               1,917   -        1   -      285  
  Central bank liquidity swaps (9)                                              500   -       16   -  351,970  
  Foreign currency denominated assets (10)                                   21,589   -       93   +      723  
  Other assets (11)                                                          33,252   +    2,957   +    1,658  
                                                                                                               
Total assets                                                       (0)    8,064,257   +  111,930   +  969,567  

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       Jun 16, 2021   Wednesday    Wednesday  
                                                        consolidation                 Jun 9, 2021 Jun 17, 2020 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         2,129,545   -    1,233   +  218,659 
  Reverse repurchase agreements (12)                                         743,760   +   22,824   +  518,298 
  Deposits                                                          (0)    5,089,778   +   91,158   +  294,148 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         3,905,736   -   10,989   +  836,297 
    U.S. Treasury, General Account                                           765,114   +   91,559   -  800,192 
    Foreign official                                                          26,955   -      538   +   10,708 
    Other (13)                                                      (0)      391,972   +   11,124   +  247,335 
  Deferred availability cash items                                  (0)          158   -       24   -      110 
  Treasury contributions to credit facilities (14)                            50,278            0   -   63,722 
  Other liabilities and accrued dividends (15)                                11,135   -      885   +    1,604 
                                                                                                               
Total liabilities                                                   (0)    8,024,654   +  111,839   +  968,878 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             32,818   +       91   +      728 
  Surplus                                                                      6,785            0   -       40 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 39,603   +       91   +      688 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt
    securities, and mortgage-backed securities, amortization is on an effective-interest basis.         
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Loans includes primary, secondary, and seasonal loans and credit extended through the Primary           
    Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, Paycheck Protection Program Liquidity
    Facility, and other credit extensions.                                                              
8.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury      
    contributions to the facility. Refer to note on consolidation below.                                
9.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
10. Revalued daily at current foreign currency exchange rates.                                              
11. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also includes net portfolio holdings of Maiden Lane LLC.                       
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, designated financial market utilities, and deposits held by depository
    institutions in joint accounts in connection with their participation in certain private-sector payment
    arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, 
    for services provided by the Reserve Banks as fiscal agents of the United States.                   
14. Book value. Amount of equity investments in Commercial Paper Funding Facility II LLC of $10             
    billion, Corporate Credit Facilities LLC of $13.9 billion, MS Facilities LLC of $16.6 billion, Municipal
    Liquidity Facility LLC of $6.3 billion, and TALF II LLC of $3.5 billion.                            
15. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, June 16, 2021
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificates and special drawing     
    rights certificates                           16,237         531       5,422          523         752       1,187       2,188       1,136         475         273         455       1,220       2,075
  Coin                                             1,238          18          28          109          56         178         112         229          15          34          86         145         229
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans (1)                             7,909,034     130,887   4,432,926      169,834     299,088     526,445     459,418     427,821     103,175      84,368     107,093     347,005     820,975
  Net portfolio holdings of Commercial      
     Paper Funding Facility II LLC (2)             8,554           0       8,554            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Corporate       
    Credit Facilities LLC (2)                     25,844           0      25,844            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of MS                                                                                                                                                                           
    Facilities LLC (Main Street Lending                                                                                                                                                                  
    Program) (2)                                  30,529      30,529           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Municipal       
    Liquidity Facility LLC (2)                    10,736           0      10,736            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF II LLC (2)        4,762           0       4,762            0           0           0           0           0           0           0           0           0           0
  Central bank liquidity swaps (3)                   500          23         168           18          43         104          23          20          10           4           5           9          74
  Foreign currency denominated                                                                                                                                                                           
     assets (4)                                   21,589         980       7,257          775       1,867       4,493         976         846         410         184         234         389       3,179
  Other assets (5)                                35,232         673      18,380          839       1,327       2,623       2,173       1,942         734         424         774       1,770       3,574
  Interdistrict settlement account                     0  +    7,636  -  212,378   +   29,959  +       15  -   23,136  +   31,263  +   72,657  +   10,723  -   12,488  +    8,147  +   23,278  +   64,324
                                                                                                                                                                                                         
Total assets                                   8,064,257     171,276   4,301,700      202,057     303,147     511,893     496,153     504,651     115,541      72,798     116,793     373,815     894,431

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, June 16, 2021 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes, net                   2,129,545      62,938     697,964      63,420     104,362     157,081     300,173     127,419      58,194      32,348      53,449     191,379     280,819
  Reverse repurchase agreements (6)              743,760      12,429     420,415      15,709      27,063      49,838      43,579      40,587       9,697       5,755       9,877      32,890      75,923
  Deposits                                     5,089,778      79,508   3,129,460     121,058     167,710     295,744     149,764     334,307      46,636      34,115      52,728     148,109     530,639
    Depository institutions                    3,905,736      79,491   2,123,723     121,057     167,349     294,907     149,646     161,858      46,626      33,424      50,150     146,894     530,612
    U.S. Treasury, General Account               765,114           0     765,114           0           0           0           0           0           0           0           0           0           0
    Foreign official                              26,955           2      26,929           1           3           8           2           2           1           0           0           1           6
    Other (7)                                    391,972          16     213,695           0         357         828         116     172,447           9         691       2,577       1,215          21
  Earnings remittances due to the U.S.      
     Treasury (8)                                  2,707          40       1,583          54          94         146         165         145          33          19          33         122         272
  Treasury contributions to credit          
     facilities (9)                               50,278      16,572      33,706           0           0           0           0           0           0           0           0           0           0
  Other liabilities and accrued             
     dividends                                     8,586      -1,991       5,305         315         411         917         679         652         240         337         273         483         964
                                                                                                                                                                                                        
Total liabilities                              8,024,654     169,496   4,288,434     200,557     299,640     503,725     494,360     503,110     114,799      72,573     116,359     372,984     888,617
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 32,818       1,472      10,986       1,257       2,921       6,756       1,486       1,275         613         167         361         709       4,815
  Surplus                                          6,785         308       2,280         244         587       1,412         307         266         129          58          73         122         999
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  8,064,257     171,276   4,301,700     202,057     303,147     511,893     496,153     504,651     115,541      72,798     116,793     373,815     894,431

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, June 16, 2021 (continued)


1.  Securities include outright holdings of U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, including securities lent to dealers under the overnight              
    securities lending facility; refer to table 1A. Mortgage-backed securities are guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Unamortized premiums and discounts are the differences between the
    purchase price and the face value of the securities that have not been amortized. For U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, amortization is on an
    effective-interest basis. Repurchase agreements reflect the cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. Loans includes primary, secondary, and
    seasonal loans and credit extended through the Primary Dealer Credit Facility, Paycheck Protection Program Liquidity Facility, and other credit extensions.                                         
2.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below.                                 
3.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
4.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
5.  Includes items in process of collection, bank premises, accrued interest (which represents the daily accumulation of interest earned), and other accounts receivable. Also includes Net portfolio       
    holdings of Maiden Lane LLC; refer to the note on consolidation for additional information.                                                                                                         
6.  Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
7.  Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by              
    depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General
    Account, for services provided by the Reserve Banks as fiscal agents of the United States.                                                                                                          
8.  Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after          
    providing for the costs of operations, payment of dividends, and the amount necessary to maintain each Federal Reserve Bank's allotted surplus cap.                                                 
9.  Book value. Amount of equity investments in Commercial Paper Funding Facility II LLC of $10 billion, Corporate Credit Facilities LLC of $13.9 billion, MS Facilities LLC of $16.6 billion, and          
    Municipal Liquidity Facility LLC of $6.3 billion, and TALF II LLC of $3.5 billion.                                                                                                                  
                                                                                                                                                                                                            



    Note on consolidation:                                                                                                                                                                                  
    The Federal Reserve Bank of New York (FRBNY) and the Federal Reserve Bank of Boston (FRBB) have extended loans to limited liability companies under the authority of section 13(3) of the Federal       
    Reserve Act. On April 14, 2020, FRBNY began extending loans to the Commercial Paper Funding Facility II LLC (CPFF II LLC), a limited liability company formed to purchase three-month U.S           
    dollar-denominated commercial paper by eligible issuers. The assets of the CPFF II LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On
    May 12, 2020, FRBNY began extending loans to the Corporate Credit Facilities LLC (CCF LLC), a limited liability company formed to purchase eligible bonds or portions of syndicated loans or bonds at
    issuance through the Primary Market Corporate Credit Facility and to purchase eligible individual corporate bonds and exchange-traded funds through the Secondary Market Corporate Credit Facility. 
    The assets of the CCF LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On June 5, 2020, FRBNY began extending loans to the
    Municipal Liquidity Facility LLC (MLF LLC), a limited liability company formed to purchase municipal notes from eligible issuers. The assets of the MLF LLC and the amount provided by U.S. Treasury
    as credit protection to the FRBNY are used to secure the loan from the FRBNY. On June 25, 2020, FRBNY began extending loans to the TALF II LLC, a special purpose vehicle that was formed to help   
    support the flow of credit to consumers and businesses. The assets of the TALF II LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the
    FRBNY. On July 15, 2020, the FRBB began extending loans to the MS Facilities LLC (Main Street Lending Program), a special purpose vehicle that was formed to help ensure credit flows to small and  
    medium-sized businesses and to eligible nonprofits. The assets of the MS Facilities LLC and the amount provided by U.S. Treasury as credit protection to the FRBB are used to secure the loan from the
    FRBB.                                                                                                                                                                                               
    The FRBNY is the managing member of CPFF II LLC, CCF LLC, MLF LLC, and TALF II LLC. The FRBB is the managing member of MS Facilities LLC (Main Street Lending Program). Consistent with generally       
    accepted accounting principles, the assets and liabilities of each LLC have been accounted for and consolidated with the assets and liabilities of the FRBNY or FRBB, in the preparation of the     
    statements of condition shown on this release. As a consequence of the consolidation, the loan from the Reserve Bank to the LLC is eliminated as are any balances held at the FRBNY for LLCs consolidated
    to FRBNY or FRBB for LLCs consolidated to FRBB. Treasury contributions to credit facilities are held at FRBNY until invested. Net assets of the LLC appears as assets on table 6 (and in table 1 and
    table 5), and the liabilities of the LLC to entities other than the FRBNY or FRBB, including those with recourse only to the portfolio holdings of the LLC, are included in other liabilities in this
    table (and table 1 and table 5). The amount provided by U.S. Treasury as credit protection to FRBNY and FRBB appears as liabilities on table 6 (and in table 1 and table 5).                        





7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Jun 16, 2021  

Federal Reserve notes outstanding                                                            2,317,807  
  Less: Notes held by F.R. Banks not subject to collateralization                              188,262  
    Federal Reserve notes to be collateralized                                               2,129,545  
Collateral held against Federal Reserve notes                                                2,129,545  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   2,113,308  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       7,484,242  
  Less: Face value of securities under reverse repurchase agreements                           712,150  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        6,772,093  

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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