---

`FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                  October 1, 2015


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, 2015 
Federal Reserve Banks                                     Sep 30, 2015 Sep 23, 2015  Oct 1, 2014              

Reserve Bank credit                                         4,448,006   -    8,513   +   40,162    4,445,480  
  Securities held outright (1)                              4,239,890   -    7,615   +   53,242    4,238,274  
    U.S. Treasury securities                                2,461,947   +        1   +   11,727    2,461,948  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,640            0   +   11,171    2,346,639  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +      346       98,534  
      Inflation compensation (3)                               16,773   +        2   +      210       16,774  
    Federal agency debt securities (2)                         35,093            0   -    4,913       35,093  
    Mortgage-backed securities (4)                          1,742,850   -    7,617   +   46,428    1,741,233  
  Unamortized premiums on securities held outright (5)        193,872   -      667   -   15,415      193,677  
  Unamortized discounts on securities held outright (5)       -17,038   +       96   +    1,688      -17,017  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           260   -        9   -       20          252  
    Primary credit                                                 18   +        7   -        5           16  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               242   -       16            0          236  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       14            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,702            0   +       38        1,703  
  Net portfolio holdings of TALF LLC (9)                            0            0   -       44            0  
  Float                                                            34   -       83   +      607          -87  
  Central bank liquidity swaps (10)                               681   -        2   +      475          681  
  Other Federal Reserve assets (11)                            28,605   -      232   -      411       27,996  
Foreign currency denominated assets (12)                       20,022   -       63   -    2,333       20,002  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (13)                             47,121   +       14   +      950       47,121  
                                                                                                              
Total factors supplying reserve funds                       4,531,391   -    8,561   +   38,780    4,528,844  

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, 2015 
Federal Reserve Banks                                     Sep 30, 2015 Sep 23, 2015  Oct 1, 2014              

Currency in circulation (13)                                 1,384,849   +    1,269   +   95,731    1,387,415 
Reverse repurchase agreements (14)                             385,293   +   94,492   +   86,823      641,081 
  Foreign official and international accounts                  169,308   +    9,918   +   68,555      191,467 
  Others                                                       215,985   +   84,575   +   18,268      449,614 
Treasury cash holdings                                             162   +       16   -        1          191 
Deposits with F.R. Banks, other than reserve balances          180,777   +    4,764   +   45,074      237,215 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               145,165   -    8,347   +   25,928      198,716 
  Foreign official                                               5,395   -       32   +      151        6,231 
  Other (15)                                                    30,217   +   13,144   +   18,995       32,267 
Other liabilities and capital (16)                              65,988   -      561   +    2,547       65,285 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,017,069   +   99,981   +  230,175    2,331,188 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,514,321   -  108,544   -  191,396    2,197,657 

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 6.                                    
9.  Refer to the note on consolidation accompanying table 6.                                                
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.     
11. 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.                                                                                       
12. Revalued daily at current foreign currency exchange rates.                                              
13. Estimated.                                                                                              
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 liability for interest on Federal Reserve notes due to 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, 2015 
                                                          Sep 30, 2015 Sep 23, 2015  Oct 1, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,333,696   -   17,875   -   10,541    3,323,627 
  Marketable U.S. Treasury securities (1)                    3,007,185   -   16,765   -    3,212    2,997,282 
  Federal agency debt and mortgage-backed securities (2)       281,580   -    1,090   -    9,196      281,468 
  Other securities (3)                                          44,931   -       20   +    1,867       44,877 
Securities lent to dealers                                      14,131   -       64   +      988       15,422 
  Overnight facility (4)                                        14,131   -       64   +      988       15,422 
    U.S. Treasury securities                                    14,080   -       66   +    1,634       15,350 
    Federal agency debt securities                                  51   +        2   -      646           72 

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, 2015  

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                                          191            61             0             0             0           ...           252 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0           327       166,961     1,142,559       514,060       638,041     2,461,948 
  Weekly changes                        -        1             0             0    +    8,653    -    8,652    +        1    +        2 
Federal agency debt securities (2)                                                                                                     
  Holdings                                     947         1,202        12,452        18,145             0         2,347        35,093 
  Weekly changes                        +      947    -      947             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           146         9,314     1,731,773     1,741,233 
  Weekly changes                                 0             0             0    -        5    -      192    -   11,189    -   11,386 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               681             0             0             0             0             0           681 
                                                                                                                                       
Reverse repurchase agreements (4)          641,081             0           ...           ...           ...           ...       641,081 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Sep 30, 2015  

Mortgage-backed securities held outright (1)                                                                             1,741,233  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           27,069  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   31  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
2.  Current face value. Generally settle within 180 days and include commitments associated with            
    outright transactions, dollar rolls, and coupon swaps.                                              
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Sep 30, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,703  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                    0  



1.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued
    quarterly. This table reflects valuations as of June 30, 2015. Any assets purchased after this valuation
    date are initially recorded at cost until their estimated fair value as of the purchase date becomes
    available.                                                                                          
2.  Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's            
    statement of condition consistent with consolidation under generally accepted accounting principles. Refer
    to the note on consolidation accompanying table 6.                                                  
3.  Book value. The fair value of these obligations is included in other liabilities and capital in         
    table 1 and in other liabilities and accrued dividends in table 5 and table 6.                      


Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to
acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit
extended and to minimize disruption to financial markets. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Sep 30, 2015   Wednesday    Wednesday  
                                                        consolidation                Sep 23, 2015  Oct 1, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,909   +        2   -       19  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,415,186   -   12,097   +   36,377  
    Securities held outright (1)                                          4,238,274   -   11,384   +   50,108  
      U.S. Treasury securities                                            2,461,948   +        2   +   10,212  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,639   -        1   +    9,645  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +      346  
        Inflation compensation (3)                                           16,774   +        2   +      219  
      Federal agency debt securities (2)                                     35,093            0   -    4,913  
      Mortgage-backed securities (4)                                      1,741,233   -   11,386   +   44,809  
    Unamortized premiums on securities held outright  
    (5)                                                                     193,677   -      783   -   15,496  
    Unamortized discounts on securities held outright 
    (5)                                                                     -17,017   +      102   +    1,741  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       252   -       31   +       24  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,703   +        1   +       39  
  Net portfolio holdings of TALF LLC (8)                                          0            0   -       44  
  Items in process of collection                                   (0)          396   +       89   +      306  
  Bank premises                                                               2,241   +        3   -       16  
  Central bank liquidity swaps (9)                                              681   -        2   +      441  
  Foreign currency denominated assets (10)                                   20,002   +       34   -    2,284  
  Other assets (11)                                                          25,755   -    1,404   -      951  
                                                                                                               
Total assets                                                       (0)    4,484,111   -   13,373   +   33,851  

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, 2015   Wednesday    Wednesday  
                                                        consolidation                Sep 23, 2015  Oct 1, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,342,390   +    2,547   +   95,549 
  Reverse repurchase agreements (12)                                         641,081   +  337,284   +  329,789 
  Deposits                                                          (0)    2,434,871   -  353,712   -  393,813 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,197,657   -  404,539   -  488,290 
    U.S. Treasury, General Account                                           198,716   +   33,775   +   72,148 
    Foreign official                                                           6,231   +      975   +      984 
    Other (13)                                                      (0)       32,267   +   16,077   +   21,345 
  Deferred availability cash items                                  (0)          483   +      245   -      218 
  Other liabilities and accrued dividends (14)                                 6,724   +      253   +      361 
                                                                                                               
Total liabilities                                                   (0)    4,425,550   -   13,383   +   31,670 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,281   +        5   +    1,091 
  Surplus                                                                     29,281   +        5   +    1,091 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,561   +        9   +    2,181 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Refer to the note on consolidation accompanying table 6.                                                
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.                                                                                
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
14. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      

 



6. Statement of Condition of Each Federal Reserve Bank, September 30, 2015
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         347       3,709          340         505         783       1,600         734         299         171         288         891       1,370
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,909          49          69          133         134         303         197         273          32          44         153         197         325
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,415,186     111,916   2,650,338      109,812     106,153     239,791     248,648     164,049      46,082      26,984      57,361     142,227     511,826
    Securities held outright (1)               4,238,274     107,438   2,544,287      105,413     101,898     230,196     238,666     157,471      44,199      25,775      55,057     136,529     491,345
      U.S. Treasury securities                 2,461,948      62,409   1,477,937       61,233      59,191     133,717     138,637      91,472      25,674      14,973      31,982      79,307     285,415
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,948      62,409   1,477,937       61,233      59,191     133,717     138,637      91,472      25,674      14,973      31,982      79,307     285,415
      Federal agency debt securities (2)          35,093         890      21,067          873         844       1,906       1,976       1,304         366         213         456       1,130       4,068
      Mortgage-backed securities (4)           1,741,233      44,139   1,045,283       43,307      41,863      94,573      98,052      64,695      18,158      10,589      22,620      56,091     201,862
    Unamortized premiums on securities held 
      outright (5)                               193,677       4,910     116,267        4,817       4,656      10,519      10,906       7,196       2,020       1,178       2,516       6,239      22,453
    Unamortized discounts on securities     
      held outright (5)                          -17,017        -431     -10,215         -423        -409        -924        -958        -632        -177        -103        -221        -548      -1,973
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            252           0           0            5           8           0          34          15          41         134           8           8           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,703           0       1,703            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (8)               0           0           0            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     396           0           0            0           0           0         396           0           0           0           0           0           0
  Bank premises                                    2,241         126         442           75         107         214         208         205         118          93         238         221         196
  Central bank liquidity swaps (9)                   681          31         219           38          53         156          39          18           6           3           7          10         100
  Foreign currency denominated                                                                                                                                                                           
     assets (10)                                  20,002         906       6,456        1,117       1,558       4,587       1,137         537         186          84         210         288       2,935
  Other assets (11)                               25,755         689      15,010          650         632       1,568       1,467         977         344         188         374         850       3,005
  Interdistrict settlement account                     0  +    1,180  -  238,446   +   15,550  +   41,366  +   53,861  +   12,285  +   47,821  +   14,346  +    7,079  +    4,169  +   17,989  +   22,800
                                                                                                                                                                                                         
Total assets                                   4,484,111     115,440   2,441,320      127,925     150,746     301,675     266,631     215,038      61,563      34,736      62,953     162,954     543,130

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, 2015 (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            1,528,088      48,934     501,689      50,072      83,263     105,605     213,516     105,031      52,479      26,962      41,292     116,600     182,645
    Less: Notes held by F.R. Banks               185,698       6,562      57,365       6,844      10,224      12,658      24,367      11,919       4,964       3,203       4,764      14,843      27,984
      Federal Reserve notes, net               1,342,390      42,372     444,324      43,228      73,039      92,947     189,149      93,112      47,515      23,759      36,528     101,757     154,661
  Reverse repurchase agreements (12)             641,081      16,251     384,849      15,945      15,413      34,819      36,101      23,819       6,686       3,899       8,328      20,651      74,321
  Deposits                                     2,434,871      54,011   1,589,562      65,279      57,552     160,119      37,341      96,204       6,647       6,497      17,338      39,439     304,882
    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                           2,197,657      54,007   1,360,596      65,277      57,549     159,993      37,332      88,150       6,610       6,497      17,337      39,437     304,874
    U.S. Treasury, General Account               198,716           0     198,716           0           0           0           0           0           0           0           0           0           0
    Foreign official                               6,231           2       6,204           2           3           9           2           1           0           0           0           1           6
    Other (13)                                    32,267           3      24,045           0           0         117           7       8,053          37           0           1           2           2
  Deferred availability cash items                   483           0           0           0           0           0         297           0           0         185           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (14)                         1,848          45       1,129          42          40          92         115          70          17           9          18          60         212
  Other liabilities and accrued             
     dividends                                     4,876         157       2,251         198         216         542         323         252         129         135         121         182         369
                                                                                                                                                                                                        
Total liabilities                              4,425,550     112,836   2,422,115     124,692     146,261     288,520     263,326     213,456      60,994      34,484      62,333     162,089     534,445
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,281       1,302       9,603       1,617       2,242       6,578       1,652         791         285         126         310         433       4,342
  Surplus                                         29,281       1,302       9,603       1,617       2,242       6,578       1,652         791         285         126         310         433       4,342
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,484,111     115,440   2,441,320     127,925     150,746     301,675     266,631     215,038      61,563      34,736      62,953     162,954     543,130

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, 2015 (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 the 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.                                                                                   
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
14. 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.                                                                                                                                                   
                                                                                                                                                                                                            


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) 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 (ML), which was formed to acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was
repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. On November 25,
2008, the Federal Reserve Board authorized FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by FRBNY in connection with the
decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility. On January 15, 2013 FRBNY's commitment to extend credit to TALF LLC was eliminated. 

FRBNY was the primary beneficiary of ML because it received a majority of the residual returns and could have absorbed a majority of any residual losses should they have occurred. FRBNY was
the primary beneficiary of TALF LLC, because of the two beneficiaries of TALF LLC, FRBNY and the U.S. Treasury, FRBNY was primarily responsible for directing the financial activities of TALF
LLC. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs were consolidated with the assets and liabilities of FRBNY in the preparation of the
statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from FRBNY to the LLCs were eliminated, the net assets of the LLCs appeared as assets
on the previous page (and in table 1 and table 5), and the liabilities of the LLCs to entities other than FRBNY, including those with recourse only to the portfolio holdings of the LLCs, were
included in other liabilities in this table (and table 1 and table 5).

                                                                                                                    



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Sep 30, 2015  

Federal Reserve notes outstanding                                                            1,528,088  
  Less: Notes held by F.R. Banks not subject to collateralization                              185,698  
    Federal Reserve notes to be collateralized                                               1,342,390  
Collateral held against Federal Reserve notes                                                1,342,390  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,326,153  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,238,274  
  Less: Face value of securities under reverse repurchase agreements                           603,013  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,635,261  

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

---

Home Economic research and data  Accessibility Contact Us  Last update: October 1, 2015