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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                                                  October 5, 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   Oct 4, 2017 
Federal Reserve Banks                                      Oct 4, 2017 Sep 27, 2017  Oct 5, 2016              

Reserve Bank credit                                         4,420,117   -    3,656   +    1,798    4,420,524  
  Securities held outright (1)                              4,240,352   -    6,843   +   19,521    4,240,384  
    U.S. Treasury securities                                2,465,435   +        1   +    1,973    2,465,467  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,337,326            0   -    3,746    2,337,326  
      Notes and bonds, inflation-indexed (2)                  109,412            0   +    4,284      109,412  
      Inflation compensation (3)                               18,697   +        1   +    1,436       18,729  
    Federal agency debt securities (2)                          6,757            0   -   13,735        6,757  
    Mortgage-backed securities (4)                          1,768,160   -    6,844   +   31,283    1,768,160  
  Unamortized premiums on securities held outright (5)        162,394   -      468   -   14,517      162,278  
  Unamortized discounts on securities held outright (5)       -14,437   +       24   +    1,026      -14,432  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           192   -       41   -        3          177  
    Primary credit                                                  3   -        4   -        3            0  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               189   -       37            0          176  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,707   -        1   -        1        1,707  
  Float                                                          -668   -      361   +       13         -629  
  Central bank liquidity swaps (8)                              3,620   +    3,583   -    3,383        3,620  
  Other Federal Reserve assets (9)                             26,956   +      450   -      861       27,419  
Foreign currency denominated assets (10)                       21,165   -      141   -      312       21,111  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             49,160   +       14   +      790       49,160  
                                                                                                              
Total factors supplying reserve funds                       4,506,683   -    3,782   +    2,275    4,507,035  

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   Oct 4, 2017 
Federal Reserve Banks                                      Oct 4, 2017 Sep 27, 2017  Oct 5, 2016              

Currency in circulation (11)                                 1,580,339   +    1,405   +  108,615    1,582,848 
Reverse repurchase agreements (12)                             481,765   +   74,082   -  111,426      409,354 
  Foreign official and international accounts                  237,775   -    1,743   -    7,657      230,616 
  Others                                                       243,989   +   75,824   -  103,770      178,738 
Treasury cash holdings                                             198   +       11   +       55          204 
Deposits with F.R. Banks, other than reserve balances          247,994   -   15,045   -  144,657      238,725 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               160,433   -    4,219   -  187,327      154,619 
  Foreign official                                               5,166   -       29   -        3        5,165 
  Other (13)                                                    82,396   -   10,796   +   42,674       78,941 
Other liabilities and capital (14)                              47,172   -      741   +      408       47,387 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,357,468   +   59,711   -  147,005    2,278,517 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,149,215   -   63,494   +  149,280    2,228,518 

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.  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   Oct 4, 2017 
                                                           Oct 4, 2017 Sep 27, 2017  Oct 5, 2016              

Securities held in custody for foreign official and       
     international accounts                                  3,366,151   -    5,714   +  213,689    3,360,386 
  Marketable U.S. Treasury securities (1)                    3,039,727   -    6,696   +  207,759    3,033,383 
  Federal agency debt and mortgage-backed securities (2)       262,985   +      783   +    2,228      263,018 
  Other securities (3)                                          63,439   +      198   +    3,702       63,985 
Securities lent to dealers                                      24,219   -       60   -    2,446       21,572 
  Overnight facility (4)                                        24,219   -       60   -    2,446       21,572 
    U.S. Treasury securities                                    24,219   -       60   -    2,412       21,572 
    Federal agency debt securities                                   0            0   -       34            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, October 4, 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                                            9           167             0             0             0           ...           177 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0        45,116       324,881     1,133,395       328,882       633,192     2,465,467 
  Weekly changes                        -   10,947    +   17,503    +    1,504    -   11,502    +    3,457    +       24    +       40 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         2,366         1,982            62             0         2,347         6,757 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             1           121        17,465     1,750,572     1,768,160 
  Weekly changes                                 0             0             0    +        2    +      219    -      222             0 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)             3,620             0             0             0             0             0         3,620 
                                                                                                                                       
Reverse repurchase agreements (4)          409,354             0           ...           ...           ...           ...       409,354 
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   
                                                                                                                       Oct 4, 2017  

Mortgage-backed securities held outright (1)                                                                             1,768,160  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           30,473  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    7  



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   
                                                                                                                       Oct 4, 2017  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,707  
                                                                                                                                    
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 June 30, 2017. 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        Oct 4, 2017   Wednesday    Wednesday  
                                                        consolidation                Sep 27, 2017  Oct 5, 2016 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,860   +       11   -       62  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,388,407   -      275   +    6,099  
    Securities held outright (1)                                          4,240,384   +       40   +   19,542  
      U.S. Treasury securities                                            2,465,467   +       40   +    1,994  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,337,326            0   -    3,650  
        Notes and bonds, inflation-indexed (2)                              109,412            0   +    4,188  
        Inflation compensation (3)                                           18,729   +       40   +    1,456  
      Federal agency debt securities (2)                                      6,757            0   -   13,735  
      Mortgage-backed securities (4)                                      1,768,160            0   +   31,283  
    Unamortized premiums on securities held outright  
    (5)                                                                     162,278   -      275   -   14,463  
    Unamortized discounts on securities held outright 
    (5)                                                                     -14,432   +       16   +    1,016  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       177   -       56   +        4  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,707            0   -        1  
  Items in process of collection                                   (0)           62            0   +        1  
  Bank premises                                                               2,196   -        1   -        5  
  Central bank liquidity swaps (8)                                            3,620   +    3,583   -    3,383  
  Foreign currency denominated assets (9)                                    21,111   +        8   -      144  
  Other assets (10)                                                          25,223   +    1,436   -    1,490  
                                                                                                               
Total assets                                                       (0)    4,460,422   +    4,761   +    1,015  

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        Oct 4, 2017   Wednesday    Wednesday  
                                                        consolidation                Sep 27, 2017  Oct 5, 2016 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,535,748   +    2,624   +  106,732 
  Reverse repurchase agreements (11)                                         409,354   -   45,719   -  127,234 
  Deposits                                                          (0)    2,467,243   +   47,756   +   20,486 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,228,518   +   49,677   +  165,135 
    U.S. Treasury, General Account                                           154,619   -      540   -  187,589 
    Foreign official                                                           5,165   -      205            0 
    Other (12)                                                      (0)       78,941   -    1,176   +   42,940 
  Deferred availability cash items                                  (0)          690   -       49   +      129 
  Other liabilities and accrued dividends (13)                                 6,197   +      145   -      113 
                                                                                                               
Total liabilities                                                   (0)    4,419,233   +    4,757   +        2 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             31,190   +        4   +    1,014 
  Surplus                                                                     10,000            0            0 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 41,190   +        4   +    1,014 

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.  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, October 4, 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         349       3,592          348         553         776       1,520         737         341         191         292         916       1,422
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,860          50          51          183         132         263         199         296          31          51         107         191         306
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,388,407      85,499   2,470,976      113,302     127,255     257,109     258,312     184,591      58,552      34,300      62,252     175,678     560,580
    Securities held outright (1)               4,240,384      82,618   2,387,726      109,485     122,967     248,447     249,605     178,345      56,545      33,060      60,138     169,755     541,693
      U.S. Treasury securities                 2,465,467      48,036   1,388,285       63,657      71,496     144,453     145,126     103,694      32,876      19,222      34,966      98,700     314,954
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,465,467      48,036   1,388,285       63,657      71,496     144,453     145,126     103,694      32,876      19,222      34,966      98,700     314,954
      Federal agency debt securities (2)           6,757         132       3,805          174         196         396         398         284          90          53          96         271         863
      Mortgage-backed securities (4)           1,768,160      34,450     995,636       45,653      51,275     103,597     104,080      74,367      23,578      13,785      25,077      70,785     225,876
    Unamortized premiums on securities held 
      outright (5)                               162,278       3,162      91,377        4,190       4,706       9,508       9,552       6,825       2,164       1,265       2,301       6,496      20,730
    Unamortized discounts on securities     
      held outright (5)                          -14,432        -281      -8,127         -373        -419        -846        -850        -607        -192        -113        -205        -578      -1,844
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            177           0           0            0           0           0           5          28          36          87          17           4           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,707           0       1,707            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      62           0           0            0           0           0          61           0           0           1           0           0           0
  Bank premises                                    2,196         117         439           72         123         198         203         200         110          88         236         219         191
  Central bank liquidity swaps (8)                 3,620         157       1,159          195         295         782         211         152          40          15          35          46         533
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   21,111         915       6,762        1,135       1,719       4,561       1,231         884         231          89         205         270       3,108
  Other assets (10)                               25,223         537      13,775          648         742       1,659       1,507       1,065         415         216         425       1,024       3,208
  Interdistrict settlement account                     0  -   10,162  -   65,773   +    1,897  -      694  +      736  +    9,426  +   46,971  -      533  +    2,968  +    6,964  +    9,643  -    1,443
                                                                                                                                                                                                         
Total assets                                   4,460,422      77,658   2,434,508      117,990     130,362     266,497     273,325     235,320      59,337      38,009      70,670     188,269     568,479

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, October 4, 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            1,720,621      56,162     560,449      55,039      85,136     121,394     231,257     116,093      52,282      31,149      48,261     142,405     220,993
    Less: Notes held by F.R. Banks               184,872       6,673      47,063       6,797      10,220      14,449      25,444      12,039       5,599       3,391       5,896      19,304      27,998
      Federal Reserve notes, net               1,535,748      49,489     513,386      48,243      74,916     106,945     205,814     104,054      46,683      27,758      42,365     123,101     192,995
  Reverse repurchase agreements (11)             409,354       7,976     230,504      10,569      11,871      23,984      24,096      17,217       5,459       3,192       5,806      16,388      52,293
  Deposits                                     2,467,243      18,244   1,674,562      56,643      39,990     126,159      40,549     111,971       6,550       6,099      21,935      47,989     316,552
    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                           2,228,518      18,238   1,494,378      56,641      39,987     125,796      40,540      53,826       6,547       6,099      21,934      47,988     316,545
    U.S. Treasury, General Account               154,619           0     154,619           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,165           2       5,138           2           3           9           2           2           0           0           0           1           6
    Other (12)                                    78,941           3      20,428           0           0         355           7      58,143           3           0           1           0           1
  Deferred availability cash items                   690           0           0           0           0           0          67           0           0         623           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,497          27         843          30          36          49         119          61          36          14          30          75         178
  Other liabilities and accrued             
     dividends                                     4,700         153       2,128         185         200         490         309         268         142         135         130         202         358
                                                                                                                                                                                                        
Total liabilities                              4,419,233      75,889   2,421,423     115,670     127,013     257,628     270,953     233,572      58,869      37,821      70,266     187,754     562,376
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 31,190       1,335       9,883       1,783       2,535       6,708       1,788       1,330         358         145         307         388       4,630
  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                  4,460,422      77,658   2,434,508     117,990     130,362     266,497     273,325     235,320      59,337      38,009      70,670     188,269     568,479

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, October 4, 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 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.  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   
                                                                                           Oct 4, 2017  

Federal Reserve notes outstanding                                                            1,720,621  
  Less: Notes held by F.R. Banks not subject to collateralization                              184,872  
    Federal Reserve notes to be collateralized                                               1,535,748  
Collateral held against Federal Reserve notes                                                1,535,748  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,519,512  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,240,384  
  Less: Face value of securities under reverse repurchase agreements                           386,252  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,854,133  

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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