---

`FEDERAL RESERVE statistical release

For Release at
4:30 P.M. EDT
June 12, 2014

Table 10 line items “Less: Face value of securities under reverse repurchase agreements” and “U.S. 
Treasury, agency debt, and mortgage-backed securities eligible to be pledged” have been corrected to 
include securities pledged as collateral for tri-party reverse repurchase agreements. 
The revised data are reported at the following link: http://www.federalreserve.gov/releases/h41/2014update.htm.
Historical data incorporating this correction can be accessed through the Data Download Program (DDP) at 
http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41. 

FEDERAL RESERVE statistical release

For release at
4:30 P.M. EDT
May 1, 2014

The weekly average values, shown in table 1, reflect the March 31, 2014, quarterly updates to the fair
values of the net portfolio holdings of Maiden Lane LLC and the fair value adjustment of the Term Asset-Backed
Securities Loan Facility, or TALF, which is included in "Other Federal Reserve assets." The amounts for the first
six days of this reporting week are based on the values as of December 31, 2013, and the amounts for the last
day of the reporting week are based on the values as of March 31, 2014.                                     

FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                      May 1, 2014


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  Apr 30, 2014 
Federal Reserve Banks                                     Apr 30, 2014 Apr 23, 2014  May 1, 2013              

Reserve Bank credit                                         4,250,522   +    4,566   +  984,421    4,252,828  
  Securities held outright (1)                              4,023,886   +    4,954   +  989,852    4,027,112  
    U.S. Treasury securities                                2,346,008   +    7,752   +  505,484    2,350,272  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,236,160   +    7,658   +  487,911    2,240,389  
      Notes and bonds, inflation-indexed (2)                   95,389            0   +   15,112       95,389  
      Inflation compensation (3)                               14,459   +       94   +    2,460       14,494  
    Federal agency debt securities (2)                         44,965   -    1,396   -   27,088       44,965  
    Mortgage-backed securities (4)                          1,632,912   -    1,403   +  511,455    1,631,875  
  Unamortized premiums on securities held outright (5)        209,856   -      145   +   13,750      209,747  
  Unamortized discounts on securities held outright (5)       -17,651   -       98   -   16,001      -17,703  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           161   +       53   -      244          121  
    Primary credit                                                 59   +       49   +       49           13  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                21   +        4   +        4           27  
    Term Asset-Backed Securities Loan Facility (7)                 81   -        1   -      296           81  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,595   +        9   +      170        1,654  
  Net portfolio holdings of Maiden Lane II LLC (9)                 63            0   -        1           63  
  Net portfolio holdings of Maiden Lane III LLC (10)               22            0            0           22  
  Net portfolio holdings of TALF LLC (11)                          92            0   -      301           92  
  Float                                                          -579   -       56   +      110         -770  
  Central bank liquidity swaps (12)                               300   -      107   -    8,276          300  
  Other Federal Reserve assets (13)                            32,778   -       42   +    5,363       32,190  
Foreign currency denominated assets (14)                       24,168   +       44   +      517       24,225  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (15)                             45,776   +       14   +      747       45,776  
                                                                                                              
Total factors supplying reserve funds                       4,336,708   +    4,625   +  985,686    4,339,070  

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  Apr 30, 2014 
Federal Reserve Banks                                     Apr 30, 2014 Apr 23, 2014  May 1, 2013              

Currency in circulation (15)                                 1,270,600   +      507   +   90,204    1,272,362 
Reverse repurchase agreements (16)                             285,631   +   74,959   +  190,470      325,498 
  Foreign official and international accounts                  110,671   +    5,630   +   15,510      117,276 
  Others                                                       174,960   +   69,328   +  174,960      208,222 
Treasury cash holdings                                             236   -        2   +       50          229 
Deposits with F.R. Banks, other than reserve balances          107,182   -   39,219   -   70,505      163,827 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                                84,126   -   27,268   -   72,928      148,343 
  Foreign official                                               7,786   +      688   -    2,172        7,826 
  Other (17)                                                    15,269   -   12,639   +    4,594        7,659 
Other liabilities and capital (18)                              63,640   +       94   -    2,111       62,715 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,727,290   +   36,339   +  208,109    1,824,632 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,609,418   -   31,714   +  777,577    2,514,438 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
7.  Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the      
    Term Asset-Backed Securities Loan Facility.                                                         
8.  Refer to table 4 and the note on consolidation accompanying table 9.                                    
9.  Refer to table 5 and the note on consolidation accompanying table 9.                                    
10. Refer to table 6 and the note on consolidation accompanying table 9.                                    
11. Refer to table 7 and the note on consolidation accompanying table 9.                                    
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
13. Includes 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.                                                                                       
14. Revalued daily at current foreign currency exchange rates.                                              
15. Estimated.                                                                                              
16. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
17. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
18. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC      
    to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
    only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on      
    consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
    to U.S. Treasury. Refer to table 8 and table 9.                                                     


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  Apr 30, 2014 
                                                          Apr 30, 2014 Apr 23, 2014  May 1, 2013              

Securities held in custody for foreign official and       
     international accounts                                  3,279,197   -   15,649   -   15,854    3,288,409 
  Marketable U.S. Treasury securities (1)                    2,944,178   -   12,892   -    1,550    2,952,480 
  Federal agency debt and mortgage-backed securities (2)       293,166   -    2,117   -   17,728      293,763 
  Other securities (3)                                          41,853   -      641   +    3,424       42,166 
Securities lent to dealers                                      10,894   -    1,166   -   11,802       12,382 
  Overnight facility (4)                                        10,894   -    1,166   -   11,802       12,382 
    U.S. Treasury securities                                     9,907   -    1,060   -   11,773       11,378 
    Federal agency debt securities                                 987   -      107   -       29        1,004 

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, 8, and 9.     
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, April 30, 2014      

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)                                       29            26            65             0             0           ...           121 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                       0            37           593       876,120       847,034       626,487     2,350,272 
  Weekly changes                        -        1    -        1    +      450    +   19,491    -   13,141    +    1,706    +    8,504 
Federal agency debt securities (3)                                                                                                     
  Holdings                                     883         1,955         6,232        33,548             0         2,347        44,965 
  Weekly changes                        +      883    -      360    -      523             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0             0             6         3,402     1,628,467     1,631,875 
  Weekly changes                                 0             0             0             0    -       52    -    7,207    -    7,259 
Asset-backed securities held by      
  TALF LLC (5)                                   0             0             0             0             0             0             0 
Repurchase agreements (6)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (7)                 0           300             0             0             0             0           300 
                                                                                                                                       
Reverse repurchase agreements (6)          325,498             0           ...           ...           ...           ...       325,498 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden         
    Lane II LLC, Maiden Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's
    statement of condition consistent with consolidation under generally accepted accounting principles.
2.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
3.  Face value.                                                                                             
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of     
    the underlying assets.                                                                              
6.  Cash value of agreements.                                                                               
7.  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   
                                                                                                                      Apr 30, 2014  

Mortgage-backed securities held outright (1)                                                                             1,631,875  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           49,916  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   10  



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 8       
    and table 9.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Apr 30, 2014  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,654  
                                                                                                                                    
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 March 31, 2014. 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 9.                                                  
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 8 and table 9.                      


Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to
acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit
extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the proceeds of
the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to
the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan
Chase & Co. Any remaining funds will be paid to the FRBNY.

                                              

5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Apr 30, 2014  

Net portfolio holdings of Maiden Lane II LLC (1)                                                                                63  
                                                                                                                                    
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  
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (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 March 31, 2014. 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 9.                                                  
3.  Book value. The deferred payment represents the portion of the proceeds of the net portfolio            
    holdings due to subsidiaries of American International Group, Inc. in accordance with the asset purchase
    agreement. The fair value of this payment and accrued interest payable are included in other        
    liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.


Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden
Lane II LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was
formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment
portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC
from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of
Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment and interest due
to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.                  





6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Apr 30, 2014  

Net portfolio holdings of Maiden Lane III LLC (1)                                                                               22  
                                                                                                                                    
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 American International Group, Inc. (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 March 31, 2014. 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 9.                                                  
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 8 and table 9.                      


Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden
Lane III LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was
formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group
of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection
with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments
by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following order:
operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due
to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

               

7. Information on Principal Accounts of TALF LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Apr 30, 2014  

Asset-backed securities holdings (1)                                                                                             0  
Other investments, net                                                                                                          92  
Net portfolio holdings of TALF LLC                                                                                              92  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                            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.         
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 9.                                                  
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 8 and table 9.                      


Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities
Loan Facility (TALF) under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility
under which the Federal Reserve Bank of New York (FRBNY) extended loans with a term of up to five years to
holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010.
The loans provided through the TALF to eligible borrowers are non-recourse, meaning that the obligation of the
borrower can be discharged by surrendering the collateral to the FRBNY.                                     

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received
by the FRBNY in connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed,
for a fee, to purchase all asset-backed securities received by the FRBNY in conjunction with a TALF loan at a
price equal to the TALF loan plus accrued but unpaid interest. Prior to January 15, 2013, the U.S. Treasury's
Troubled Asset Relief Program (TARP) committed backup funding to TALF LLC, providing credit protection to the
FRBNY. However, the accumulated fees and income collected through the TALF and held by TALF LLC now exceed the
remaining amount of TALF loans outstanding. Accordingly, the TARP credit protection commitment has been
terminated, and TALF LLC has begun to distribute excess proceeds to the Treasury and the FRBNY. Any remaining funds
will be shared by the FRBNY and the U.S. Treasury.                                                          




8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Apr 30, 2014   Wednesday    Wednesday  
                                                        consolidation                Apr 23, 2014  May 1, 2013 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,897   -        6   -      142  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,219,277   +      855   +  982,592  
    Securities held outright (1)                                          4,027,112   +    1,245   +  985,541  
      U.S. Treasury securities                                            2,350,272   +    8,504   +  502,289  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,240,389   +    8,410   +  484,731  
        Notes and bonds, inflation-indexed (2)                               95,389            0   +   15,112  
        Inflation compensation (3)                                           14,494   +       95   +    2,446  
      Federal agency debt securities (2)                                     44,965            0   -   27,088  
      Mortgage-backed securities (4)                                      1,631,875   -    7,259   +  510,340  
    Unamortized premiums on securities held outright  
    (5)                                                                     209,747   -      328   +   13,403  
    Unamortized discounts on securities held outright 
    (5)                                                                     -17,703   -       77   -   16,054  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       121   +       15   -      298  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,654   +       69   +      226  
  Net portfolio holdings of Maiden Lane II LLC (8)                               63            0   -        1  
  Net portfolio holdings of Maiden Lane III LLC (9)                              22            0            0  
  Net portfolio holdings of TALF LLC (10)                                        92            0   -      301  
  Items in process of collection                                   (0)           92   +        1   -      499  
  Bank premises                                                               2,274   +        2   -       22  
  Central bank liquidity swaps (11)                                             300   -      107   -    8,276  
  Foreign currency denominated assets (12)                                   24,225   +       85   +      375  
  Other assets (13)                                                          29,917   -    1,188   +    4,903  
                                                                                                               
Total assets                                                       (0)    4,296,049   -      290   +  978,855  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Apr 30, 2014   Wednesday    Wednesday  
                                                        consolidation                Apr 23, 2014  May 1, 2013 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,228,708   +    1,590   +   88,733 
  Reverse repurchase agreements (14)                                         325,498   +   68,966   +  230,217 
  Deposits                                                          (0)    2,678,265   -   71,222   +  662,998 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,514,438   -   69,277   +  700,834 
    U.S. Treasury, General Account                                           148,343   -    1,882   -   36,281 
    Foreign official                                                           7,826   +       23   -    2,123 
    Other (15)                                                      (0)        7,659   -       84   +      568 
  Deferred availability cash items                                  (0)          863   +      208   -      427 
  Other liabilities and accrued dividends (16)                                 6,588   +      158   -    3,637 
                                                                                                               
Total liabilities                                                   (0)    4,239,922   -      300   +  977,885 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             28,064   +        5   +      485 
  Surplus                                                                     28,064   +        5   +      485 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 56,127   +        9   +      970 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 9.                                    
8.  Refer to table 5 and the note on consolidation accompanying table 9.                                    
9.  Refer to table 6 and the note on consolidation accompanying table 9.                                    
10. Refer to table 7 and the note on consolidation accompanying table 9.                                    
11. 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.     
12. Revalued daily at current foreign currency exchange rates.                                              
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
15. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
16. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC      
    to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
    only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on      
    consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
    to U.S. Treasury.                                                                                   

 



9. Statement of Condition of Each Federal Reserve Bank, April 30, 2014
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         352       4,125          338         464         824       1,349         706         278         173         291         880       1,257
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,897          32          89          122         122         324         231         272          22          46         149         169         319
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,219,277      85,346   2,589,645      101,078      92,119     235,817     233,235     172,447      52,043      25,873      55,583     128,559     447,531
    Securities held outright (1)               4,027,112      81,461   2,471,695       96,477      87,926     225,078     222,616     164,594      49,672      24,680      53,046     122,707     427,160
      U.S. Treasury securities                 2,350,272      47,542   1,442,511       56,305      51,315     131,358     129,922      96,059      28,989      14,403      30,959      71,613     249,296
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,350,272      47,542   1,442,511       56,305      51,315     131,358     129,922      96,059      28,989      14,403      30,959      71,613     249,296
      Federal agency debt securities (2)          44,965         910      27,598        1,077         982       2,513       2,486       1,838         555         276         592       1,370       4,769
      Mortgage-backed securities (4)           1,631,875      33,010   1,001,585       39,095      35,629      91,207      90,209      66,697      20,128      10,001      21,496      49,724     173,095
    Unamortized premiums on securities held 
      outright (5)                               209,747       4,243     128,735        5,025       4,580      11,723      11,595       8,573       2,587       1,285       2,763       6,391      22,248
    Unamortized discounts on securities     
      held outright (5)                          -17,703        -358     -10,865         -424        -387        -989        -979        -724        -218        -108        -233        -539      -1,878
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            121           0          81            0           0           6           3           4           2          16           7           0           1
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,654           0       1,654            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (8)                                  63           0          63            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (9)                                 22           0          22            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)             92           0          92            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      92           0           0            0           0           0          92           0           0           0           0           0           0
  Bank premises                                    2,274         122         434           74         109         225         210         200         125          98         245         230         202
  Central bank liquidity swaps (11)                  300          14          96           23          24          63          17           8           3           1           3           5          43
  Foreign currency denominated assets (12)        24,225       1,101       7,800        1,820       1,925       5,049       1,392         669         204         102         255         405       3,503
  Other assets (13)                               29,917         648      18,001          724         660       1,843       1,657       1,222         445         260         421         922       3,114
  Interdistrict settlement account                     0  +   17,434  +    5,515   +    3,943  -    5,665  -    1,968  +   13,098  -   21,549  -    8,721  -    2,235  -    5,385  +      685  +    4,847
                                                                                                                                                                                                         
Total assets                                   4,296,049     105,245   2,629,354      108,332      89,995     242,589     251,935     154,399      44,548      24,409      51,715     132,138     461,391

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, April 30, 2014 (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            1,458,995      44,554     517,594      43,429      61,884     103,627     211,793      91,881      36,699      21,565      38,005     117,587     170,378
    Less: Notes held by F.R. Banks               230,287       4,561      78,328       5,533       8,523      11,017      22,968      14,898       4,858       6,004       6,599      35,431      31,565
      Federal Reserve notes, net               1,228,708      39,993     439,266      37,896      53,361      92,609     188,825      76,983      31,840      15,560      31,406      82,155     138,813
  Reverse repurchase agreements (14)             325,498       6,584     199,779       7,798       7,107      18,192      17,993      13,304       4,015       1,995       4,288       9,918      34,526
  Deposits                                     2,678,265      55,937   1,968,740      58,167      24,869     119,673      40,790      62,254       8,041       6,331      15,306      38,898     279,258
    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                           2,514,438      55,935   1,805,174      58,136      24,866     119,479      40,781      62,245       8,040       6,331      15,304      38,896     279,252
    U.S. Treasury, General Account               148,343           0     148,343           0           0           0           0           0           0           0           0           0           0
    Foreign official                               7,826           2       7,798           3           3           8           2           1           0           0           0           1           6
    Other (15)                                     7,659           1       7,426          27           0         186           6           8           0           0           1           2           1
  Deferred availability cash items                   863           0           0           0           0           0         691           0           0         171           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (16)                         2,102          39       1,318          47          45         122         120          79          21          12          22          61         216
  Other liabilities and accrued             
     dividends (17)                                4,486         155       1,894         204         202         525         322         253         130         108         112         182         398
                                                                                                                                                                                                        
Total liabilities                              4,239,922     102,709   2,610,998     104,112      85,584     231,123     248,742     152,873      44,046      24,178      51,133     131,214     453,211
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 28,064       1,268       9,178       2,110       2,206       5,733       1,597         763         251         116         291         462       4,090
  Surplus                                         28,064       1,268       9,178       2,110       2,206       5,733       1,597         763         251         116         291         462       4,090
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,296,049     105,245   2,629,354     108,332      89,995     242,589     251,935     154,399      44,548      24,409      51,715     132,138     461,391

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, April 30, 2014 (continued)


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.                                                                                                 
2.  Face value of the securities.                                                                                                                                                                           
3.  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.                               
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
8.  Refer to table 5 and the note on consolidation below.                                                                                                                                                   
9.  Refer to table 6 and the note on consolidation below.                                                                                                                                                   
10. Refer to table 7 and the note on consolidation below.                                                                                                                                                   
11. 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.                                                                                                 
12. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
15. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
16. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to      
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the     
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires
    the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount    
    necessary to equate surplus with capital paid-in.                                                                                                                                                   
17. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have         
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.                                                                        


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a
loan was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase
multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a
loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American
International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities
received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.                                        

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any
residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the
FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net
assets of the LLCs appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to
the portfolio holdings of the LLCs, are included in other liabilities in this table (and table 1 and table 8).

                                                                            



10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Apr 30, 2014  

Federal Reserve notes outstanding                                                            1,458,995  
  Less: Notes held by F.R. Banks not subject to collateralization                              230,287  
    Federal Reserve notes to be collateralized                                               1,228,708  
Collateral held against Federal Reserve notes                                                1,228,708  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,212,471  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,027,112  
  Less: Face value of securities under reverse repurchase agreements                           310,428  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,716,684  

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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