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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 1, 2020


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  Sep 30, 2020 
Federal Reserve Banks                                     Sep 30, 2020 Sep 23, 2020  Oct 2, 2019              

Reserve Bank credit                                         7,016,405   -   15,657   +3,123,980    7,015,460  
  Securities held outright (1)                              6,429,943   -    8,535   +2,847,619    6,430,599  
    U.S. Treasury securities                                4,438,807   +   22,702   +2,326,089    4,445,477  
      Bills (2)                                               326,044            0   +  320,042      326,044  
      Notes and bonds, nominal (2)                          3,785,348   +   20,795   +1,821,674    3,790,453  
      Notes and bonds, inflation-indexed (2)                  287,352   +    1,434   +  168,672      288,760  
      Inflation compensation (3)                               40,064   +      474   +   15,701       40,220  
    Federal agency debt securities (2)                          2,347            0            0        2,347  
    Mortgage-backed securities (4)                          1,988,789   -   31,238   +  521,531    1,982,775  
  Unamortized premiums on securities held outright (5)        333,204   +      259   +  206,116      333,422  
  Unamortized discounts on securities held outright (5)        -4,736   +      134   +    7,950       -4,736  
  Repurchase agreements (6)                                       429   +      429   -  171,371        1,000  
    Foreign official                                              429   +      429   +      429        1,000  
    Others                                                          0            0   -  171,800            0  
  Loans                                                        77,499   -      425   +   77,401       78,373  
    Primary credit                                              3,114   -       23   +    3,105        3,437  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                41   +        6   -       49           42  
    Primary Dealer Credit Facility                                233            0   +      233          233  
    Money Market Mutual Fund Liquidity Facility                 7,196   -      181   +    7,196        7,088  
    Paycheck Protection Program Liquidity Facility             66,914   -      227   +   66,914       67,573  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Commercial Paper Funding      
    Facility II LLC (7)                                         8,588            0   +    8,588        8,589  
  Net portfolio holdings of Corporate Credit Facilities   
  LLC (7)                                                      45,026   +       52   +   45,026       45,042  
  Net portfolio holdings of MS Facilities LLC (Main       
    Street Lending Program) (7)                                39,519   +      342   +   39,519       39,718  
  Net portfolio holdings of Municipal Liquidity           
  Facility LLC (7)                                             16,546   +        1   +   16,546       16,547  
  Net portfolio holdings of TALF II LLC (7)                    11,516   +       85   +   11,516       11,715  
  Float                                                          -502   -      298   +       90       -1,329  
  Central bank liquidity swaps (8)                             25,399   -    7,211   +   24,426       23,895  
  Other Federal Reserve assets (9)                             33,975   -      490   +   10,555       32,625  
Foreign currency denominated assets (10)                       21,475   -      205   +      918       21,553  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             50,411   +       14   +      417       50,411  
                                                                                                              
Total factors supplying reserve funds                       7,104,532   -   15,848   +3,125,314    7,103,665  

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  Sep 30, 2020 
Federal Reserve Banks                                     Sep 30, 2020 Sep 23, 2020  Oct 2, 2019              

Currency in circulation (11)                                 2,029,931   +    1,523   +  267,135    2,032,544 
Reverse repurchase agreements (12)                             202,522   +    2,218   -   89,459      205,233 
  Foreign official and international accounts                  202,214   +    1,918   -   84,911      204,383 
  Others                                                           308   +      300   -    4,547          850 
Treasury cash holdings                                              38   -        9   -      143           25 
Deposits with F.R. Banks, other than reserve balances        1,870,890   -   26,820   +1,460,380    1,961,073 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                             1,679,152   -    1,536   +1,343,981    1,781,679 
  Foreign official                                              18,878   +        7   +   13,692       18,916 
  Other (13)                                                   172,860   -   25,292   +  102,707      160,477 
Treasury contributions to credit facilities (14)               114,000            0   +  114,000      114,000 
Other liabilities and capital (15)                              47,834   -    1,579   +    3,283       47,545 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  4,265,216   -   24,665   +1,755,198    4,360,419 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,839,316   +    8,817   +1,370,116    2,743,245 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt
    securities, and mortgage-backed securities, amortization is on an effective-interest basis.         
6.  Cash value of agreements.                                                                               
7.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury      
    contributions to the facility. Refer to note on consolidation below.                                
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Includes bank premises, accrued interest, and other accounts receivable. Also includes net              
    portfolio holdings of Maiden Lane LLC.                                                              
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities                                                          
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, designated financial market utilities, and deposits held by depository
    institutions in joint accounts in connection with their participation in certain private-sector payment
    arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, 
    for services provided by the Reserve Banks as fiscal agents of the United States.                   
14. Book value. Amount of equity investments in Commercial Paper Funding Facility II LLC of $10             
    billion, Corporate Credit Facilities LLC of $37.5 billion, MS Facilities LLC of $37.5 billion, Municipal
    Liquidity Facility LLC of $17.5 billion, and TALF II LLC of $10 billion, and credit protection in the
    Money Market Mutual Fund Liquidity Facility of $1.5 billion.                                        
15. Includes the liability for earnings remittances due to the U.S. Treasury.                               
                                                                                                            



Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Sep 30, 2020 
                                                          Sep 30, 2020 Sep 23, 2020  Oct 2, 2019              

Securities held in custody for foreign official and       
     international accounts                                  3,412,119   -   11,986   -   29,308    3,408,450 
  Marketable U.S. Treasury securities (1)                    2,980,332   -    7,149   -   19,035    2,977,320 
  Federal agency debt and mortgage-backed securities (2)       346,362   -    4,612   -   13,319      345,547 
  Other securities (3)                                          85,425   -      224   +    3,046       85,583 
Securities lent to dealers                                      25,352   +      975   -    6,500       30,709 
  Overnight facility (4)                                        25,352   +      975   -    6,500       30,709 
    U.S. Treasury securities                                    25,352   +      975   -    6,500       30,709 
    Federal agency debt securities                                   0            0            0            0 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           








2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, September 30, 2020
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)                                    2,297         4,581         3,923        67,573             0           ...        78,373 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                  56,106       238,394       694,799     1,673,536       788,868       993,773     4,445,477 
  Weekly changes                        -   16,106    -    9,604    +   22,827    +    8,237    +    1,578    +    7,021    +   13,954 
Federal agency debt securities (3)                                                                                                     
  Holdings                                       0             0             0             0         1,436           911         2,347 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0             4         2,128        77,419     1,903,224     1,982,775 
  Weekly changes                                 0             0    -        1    -       97    -    1,553    -   40,441    -   42,093 
Commercial paper held by Commercial                                                                                                    
  Paper Funding Facility II LLC (5)             30             0             0           ...           ...           ...            30 
Loan participations held by MS                                                                                                         
  Facilities LLC (Main Street Lending                                                                                                   
  Program) (6)                                   0             0             0         2,195           ...           ...         2,195 
Municipal notes held by Municipal                                                                                                      
  Liquidity Facility LLC (7)                     0             0         1,200           451           ...           ...         1,651 
Loans held by TALF II LLC (8)                    0             0             0         3,180           ...           ...         3,180 
Repurchase agreements (9)                    1,000             0           ...           ...           ...           ...         1,000 
Central bank liquidity swaps (10)           17,640         6,256             0             0             0             0        23,895 
Reverse repurchase agreements (9)          205,233             0           ...           ...           ...           ...       205,233 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Loans includes primary, secondary, and seasonal loans and credit extended through the Primary           
    Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, Paycheck Protection Program Liquidity
    Facility, and other credit extensions. Loans exclude the loans from the Federal Reserve Bank of New 
    York (FRBNY) to Commercial Paper Funding Facility II LLC, Corporate Credit Facilities LLC, Municipal
    Liquidity Facility LLC, and TALF II LLC, and from the Federal Reserve Bank of Boston (FRBB) to MS   
    Facilities LLC, which were eliminated when preparing the FRBNY's and FRBB's statement of condition, 
    respectively, consistent with consolidation under generally accepted accounting principles.         
2.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
3.  Face value.                                                                                             
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Book value of commercial paper held by Commercial Paper Funding Facility II LLC.                        
6.  Book value of the loan participations held by the MS Facilities LLC.                                    
7.  Book value of the municipal notes held by the Municipal Liquidity Facility LLC.                         
8.  Book value of the loans held by the TALF II LLC.                                                        
9.  Cash value of agreements.                                                                               
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Sep 30, 2020  

Mortgage-backed securities held outright (1)                                                                             1,982,775  
  Residential mortgage-backed securities                                                                                 1,973,276  
  Commercial mortgage-backed securities                                                                                      9,500  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                          134,799  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    3  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
2.  Current face value. Includes residential and commercial mortgage-backed securities. Residential         
    mortgage-backed securities generally settle within 180 calendar days and include commitments associated
    with outright transactions, dollar rolls, and coupon swaps. Commercial mortgage-backed securities   
    generally settle within three business days.                                                        
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Credit Facilities LLCs
Millions of dollars
Credit Facilities LLCs:                                                  Wednesday Sep 30, 2020               
                                                                              Net portfolio holdings of       
                                                                               Credit Facilities LLCs         
                                                           Outstanding                                        
                                                            principal   Outstanding                           
                                                             amount      amount of    Treasury                
                                                             of loan     facility   contributions             
                                                           extended to     asset         and                  
                                                           the LLC (1) purchases (2)other assets (3)    Total    

Commercial Paper Funding Facility II LLC                            30           30        8,559        8,589 
Corporate Credit Facilities LLC                                 12,875       13,022       32,021       45,042 
MS Facilities LLC (Main Street Lending Program)                  2,195        2,195       37,523       39,718 
Municipal Liquidity Facility LLC                                 1,651        1,651       14,896       16,547 
TALF II LLC                                                      3,207        3,180        8,535       11,715 

Note: Components may not sum to totals because of rounding.


1.  Book value. This amount was eliminated when preparing the Federal Reserve Banks' statement of           
    condition consistent with consolidation under generally accepted accounting principles. Refer to the note
    on consolidation accompanying table 6. Loans are extended from the Federal Reserve Bank to the LLC  
    upon settlement of the investment activity.                                                         
2.  Outstanding amount of facility asset purchases:                                                         
    a. For the Commercial Paper Funding Facility II LLC includes commercial paper at book value.            
    b. For the Corporate Credit Facilities LLC includes exchange traded-funds at fair value and             
    corporate bonds at book value. Asset balances                                                       
    from trading activity are reported on a one-day lag after the transaction date.                         
    c. For the MS Facilities LLC (Main Street Lending Program) includes loan participations at face         
    value.                                                                                              
    d. For the Municipal Liquidity Facility LLC includes municipal notes at book value. Asset balances      
    from trading activity may be reported on                                                            
    a one-day lag after the transaction date.                                                               
    e. For the TALF II LLC includes loans to holders of eligible asset-backed securities at book value.     
3.  Includes short term receivables, interest and dividend receivables, and other assets of the             
    facility. Also includes the portion of the Treasury contribution to the credit facilities, which is held as
    investments in nonmarketable Treasury securities and the residual portion which is held as cash and 
    cash equivalents at the FRBNY. The amount of cash and cash equivalents held at the FRBNY are        
    eliminated in consolidation and, as result, are excluded from net portfolio holdings in Tables 1, 5, and 6.
    Amounts excluded are initially 15% of Treasury contributions to the credit facilities from the      
    following consolidated LLCs: Commercial Paper Funding Facility II LLC, Corporate Credit Facilities LLC,
    Municipal Liquidity Facility LLC, and TALF II LLC. Refer to the note on consolidation accompanying table
    6.                                                                                                  





5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Sep 30, 2020   Wednesday    Wednesday  
                                                        consolidation                Sep 23, 2020  Oct 2, 2019 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,477   +       10   -      225  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     6,838,658   -   27,426   +2,956,248  
    Securities held outright (1)                                          6,430,599   -   28,139   +2,843,861  
      U.S. Treasury securities                                            4,445,477   +   13,954   +2,328,347  
        Bills (2)                                                           326,044            0   +  320,042  
        Notes and bonds, nominal (2)                                      3,790,453   +   10,622   +1,823,089  
        Notes and bonds, inflation-indexed (2)                              288,760   +    2,842   +  169,368  
        Inflation compensation (3)                                           40,220   +      489   +   15,848  
      Federal agency debt securities (2)                                      2,347            0            0  
      Mortgage-backed securities (4)                                      1,982,775   -   42,093   +  515,515  
    Unamortized premiums on securities held outright  
    (5)                                                                     333,422   -      529   +  206,267  
    Unamortized discounts on securities held outright 
    (5)                                                                      -4,736   +      101   +    7,910  
    Repurchase agreements (6)                                                 1,000   +    1,000   -  180,050  
    Loans (7)                                                                78,373   +      142   +   78,259  
  Net portfolio holdings of Commercial Paper          
    Funding Facility II LLC (8)                                               8,589   +        1   +    8,589  
  Net portfolio holdings of Corporate Credit          
  Facilities LLC (8)                                                         45,042   +       70   +   45,042  
  Net portfolio holdings of MS Facilities LLC (Main   
    Street Lending Program) (8)                                              39,718   +      363   +   39,718  
  Net portfolio holdings of Municipal Liquidity       
  Facility LLC (8)                                                           16,547   +        1   +   16,547  
  Net portfolio holdings of TALF II LLC (8)                                  11,715   +      284   +   11,715  
  Items in process of collection                                   (0)           72   +       13   +       23  
  Bank premises                                                               2,201   +        6   +       18  
  Central bank liquidity swaps (9)                                           23,895   -    8,055   +   22,922  
  Foreign currency denominated assets (10)                                   21,553   +       43   +      854  
  Other assets (11)                                                          30,425   -    2,342   +    8,846  
                                                                                                               
Total assets                                                       (0)    7,056,129   -   37,032   +3,110,298  

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       Sep 30, 2020   Wednesday    Wednesday  
                                                        consolidation                Sep 23, 2020  Oct 2, 2019 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,983,630   +    3,423   +  266,157 
  Reverse repurchase agreements (12)                                         205,233   +      881   -   83,385 
  Deposits                                                          (0)    4,704,319   -   42,126   +2,809,381 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,743,246   -  104,839   +1,256,536 
    U.S. Treasury, General Account                                         1,781,679   +  119,947   +1,446,494 
    Foreign official                                                          18,916   +       45   +   13,730 
    Other (13)                                                      (0)      160,477   -   57,280   +   92,621 
  Deferred availability cash items                                  (0)        1,402   +      897   +      916 
  Treasury contributions to credit facilities (14)                           114,000            0   +  114,000 
  Other liabilities and accrued dividends (15)                                 8,328   -      215   +    3,323 
                                                                                                               
Total liabilities                                                   (0)    7,016,912   -   37,141   +3,110,393 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             32,392   +      109   -       95 
  Surplus                                                                      6,825            0            0 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 39,217   +      109   -       95 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt
    securities, and mortgage-backed securities, amortization is on an effective-interest basis.         
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Loans includes primary, secondary, and seasonal loans and credit extended through the Primary           
    Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, Paycheck Protection Program Liquidity
    Facility, and other credit extensions.                                                              
8.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury      
    contributions to the facility. Refer to note on consolidation below.                                
9.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
10. Revalued daily at current foreign currency exchange rates.                                              
11. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also includes net portfolio holdings of Maiden Lane LLC.                       
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, designated financial market utilities, and deposits held by depository
    institutions in joint accounts in connection with their participation in certain private-sector payment
    arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, 
    for services provided by the Reserve Banks as fiscal agents of the United States.                   
14. Book value. Amount of equity investments in Commercial Paper Funding Facility II LLC of $10             
    billion, Corporate Credit Facilities LLC of $37.5 billion, MS Facilities LLC of $37.5 billion, Municipal
    Liquidity Facility LLC of $17.5 billion, and TALF II LLC of $10 billion, and credit protection in the
    Money Market Mutual Fund Liquidity Facility of $1.5 billion.                                        
15. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, September 30, 2020
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificates and special drawing     
    rights certificates                           16,237         533       5,483          529         761       1,165       2,183       1,137         479         270         450       1,202       2,045
  Coin                                             1,477          28          31          119          83         206         146         246          25          43         101         165         284
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans (1)                             6,838,658     160,935   3,512,584      161,391     213,723     428,068     502,563     381,639     108,733      71,006     113,557     328,918     855,542
  Net portfolio holdings of Commercial      
     Paper Funding Facility II LLC (2)             8,589           0       8,589            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Corporate       
    Credit Facilities LLC (2)                     45,042           0      45,042            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of MS                                                                                                                                                                           
    Facilities LLC (Main Street Lending                                                                                                                                                                  
    Program) (2)                                  39,718      39,718           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Municipal       
    Liquidity Facility LLC (2)                    16,547           0      16,547            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF II LLC (2)       11,715           0      11,715            0           0           0           0           0           0           0           0           0           0
  Central bank liquidity swaps (3)                23,895       1,134       8,030          860       2,042       5,044       1,185         928         392         187         252         284       3,558
  Foreign currency denominated                                                                                                                                                                           
     assets (4)                                   21,553       1,022       7,254          775       1,840       4,546       1,068         836         353         169         227         256       3,206
  Other assets (5)                                32,698       2,340      14,239          812       1,085       2,312       2,494       1,858         666         443         812       1,674       3,964
  Interdistrict settlement account                     0  -   25,623  +  390,412   -   33,338  +   50,960  +   14,416  -   98,603  -   10,113  -   24,442  -   14,692  -   24,721  -   48,271  -  175,985
                                                                                                                                                                                                         
Total assets                                   7,056,129     180,089   4,019,925      131,147     270,494     455,757     411,036     376,531      86,205      57,425      90,677     284,228     692,614

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, September 30, 2020 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes, net                   1,983,630      61,500     661,347      56,186      93,739     131,325     281,527     127,766      59,241      33,454      54,379     167,097     256,070
  Reverse repurchase agreements (6)              205,233       4,609     106,261       4,682       6,421      12,863      15,125      11,463       3,243       1,940       3,264       9,891      25,472
  Deposits                                     4,704,319      72,750   3,160,567      68,610     166,635     302,640     111,930     235,260      22,779      20,157      32,382     106,167     404,443
    Depository institutions                    2,743,246      72,734   1,317,651      68,609     164,234     302,288     108,247     124,931      22,764      20,092      32,344     104,955     404,396
    U.S. Treasury, General Account             1,781,679           0   1,781,679           0           0           0           0           0           0           0           0           0           0
    Foreign official                              18,916           2      18,890           1           3           8           2           2           1           0           0           0           6
    Other (7)                                    160,477          14      42,347           0       2,397         344       3,681     110,327          14          65          37       1,211          41
  Earnings remittances due to the U.S.      
     Treasury (8)                                  1,132          21         596          17          34          65          92          63          15          14          13          55         147
  Treasury contributions to credit          
     facilities (9)                              114,000      39,000      75,000           0           0           0           0           0           0           0           0           0           0
  Other liabilities and accrued             
     dividends                                     8,597         378       2,983         243         285         684         566         448         200       1,533         219         357         701
                                                                                                                                                                                                        
Total liabilities                              7,016,912     178,257   4,006,754     129,740     267,113     447,578     409,240     375,000      85,477      57,097      90,257     283,566     686,834
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 32,392       1,508      10,878       1,162       2,797       6,738       1,458       1,266         616         275         349         581       4,764
  Surplus                                          6,825         324       2,294         246         583       1,441         338         265         112          53          72          81       1,016
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  7,056,129     180,089   4,019,925     131,147     270,494     455,757     411,036     376,531      86,205      57,425      90,677     284,228     692,614

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, September 30, 2020 (continued)


1.  Securities include outright holdings of U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, including securities lent to dealers under the overnight              
    securities lending facility; refer to table 1A. Mortgage-backed securities are guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Unamortized premiums and discounts are the differences between the
    purchase price and the face value of the securities that have not been amortized. For U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, amortization is on an
    effective-interest basis. Repurchase agreements reflect the cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. Loans includes primary, secondary, and
    seasonal loans and credit extended through the Primary Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, Paycheck Protection Program Liquidity Facility, and other credit        
    extensions.                                                                                                                                                                                         
2.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below.                                 
3.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
4.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
5.  Includes items in process of collection, bank premises, accrued interest (which represents the daily accumulation of interest earned), and other accounts receivable. Also includes Net portfolio       
    holdings of Maiden Lane LLC; refer to the note on consolidation for additional information.                                                                                                         
6.  Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
7.  Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by              
    depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General
    Account, for services provided by the Reserve Banks as fiscal agents of the United States.                                                                                                          
8.  Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after          
    providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $6.825 billion surplus.                                                                         
9.  Book value. Amount of equity investments in Commercial Paper Funding Facility II LLC of $10 billion, Corporate Credit Facilities LLC of $37.5 billion, MS Facilities LLC of $37.5 billion, and          
    Municipal Liquidity Facility LLC of $17.5 billion, and TALF II LLC of $10 billion, and credit protection in the Money Market Mutual Fund Liquidity Facility of $1.5 billion.                        
                                                                                                                                                                                                            



    Note on consolidation:                                                                                                                                                                                  
    The Federal Reserve Bank of New York (FRBNY) and the Federal Reserve Bank of Boston (FRBB) have extended loans to limited liability companies under the authority of section 13(3) of the Federal       
    Reserve Act. On April 14, 2020, FRBNY began extending loans to the Commercial Paper Funding Facility II LLC (CPFF II LLC), a limited liability company formed to purchase three-month U.S           
    dollar-denominated commercial paper by eligible issuers. The assets of the CPFF II LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On
    May 12, 2020, FRBNY began extending loans to the Corporate Credit Facilities LLC (CCF LLC), a limited liability company formed to purchase eligible bonds or portions of syndicated loans or bonds at
    issuance through the Primary Market Corporate Credit Facility and to purchase eligible individual corporate bonds and exchange-traded funds through the Secondary Market Corporate Credit Facility. 
    The assets of the CCF LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On June 5, 2020, FRBNY began extending loans to the
    Municipal Liquidity Facility LLC (MLF LLC), a limited liability company formed to purchase municipal notes from eligible issuers. The assets of the MLF LLC and the amount provided by U.S. Treasury
    as credit protection to the FRBNY are used to secure the loan from the FRBNY. On June 25, 2020, FRBNY began extending loans to the TALF II LLC, a special purpose vehicle that was formed to help   
    support the flow of credit to consumers and businesses. The assets of the TALF II LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the
    FRBNY. On July 15, 2020, the FRBB began extending loans to the MS Facilities LLC (Main Street Lending Program), a special purpose vehicle that was formed to help ensure credit flows to small and  
    medium-sized businesses and to eligible nonprofits. The assets of the MS Facilities LLC and the amount provided by U.S. Treasury as credit protection to the FRBB are used to secure the loan from the
    FRBB.                                                                                                                                                                                               
    The FRBNY is the managing member of CPFF II LLC, CCF LLC, MLF LLC, and TALF II LLC. The FRBB is the managing member of MS Facilities LLC (Main Street Lending Program). Consistent with generally       
    accepted accounting principles, the assets and liabilities of each LLC have been accounted for and consolidated with the assets and liabilities of the FRBNY or FRBB, in the preparation of the     
    statements of condition shown on this release. As a consequence of the consolidation, the loan from the Reserve Bank to the LLC is eliminated as are any balances held at the FRBNY for LLCs consolidated
    to FRBNY or FRBB for LLCs consolidated to FRBB. Treasury contributions to credit facilities are held at FRBNY until invested. Net assets of the LLC appears as assets on table 6 (and in table 1 and
    table 5), and the liabilities of the LLC to entities other than the FRBNY or FRBB, including those with recourse only to the portfolio holdings of the LLC, are included in other liabilities in this
    table (and table 1 and table 5). The amount provided by U.S. Treasury as credit protection to FRBNY and FRBB appears as liabilities on table 6 (and in table 1 and table 5).                        





7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Sep 30, 2020  

Federal Reserve notes outstanding                                                            2,133,002  
  Less: Notes held by F.R. Banks not subject to collateralization                              149,372  
    Federal Reserve notes to be collateralized                                               1,983,630  
Collateral held against Federal Reserve notes                                                1,983,630  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,967,393  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       6,431,599  
  Less: Face value of securities under reverse repurchase agreements                           195,169  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        6,236,430  

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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