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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                                                September 8, 2016


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 7, 2016 
Federal Reserve Banks                                      Sep 7, 2016 Aug 31, 2016  Sep 9, 2015              

Reserve Bank credit                                         4,418,523   +      504   -   20,511    4,419,125  
  Securities held outright (1)                              4,230,089   +       20   -    3,638    4,230,075  
    U.S. Treasury securities                                2,463,613   +       15   +    1,671    2,463,599  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,341,647   -      821   -    4,993    2,341,647  
      Notes and bonds, inflation-indexed (2)                  104,553   +      821   +    6,019      104,553  
      Inflation compensation (3)                               17,413   +       15   +      645       17,399  
    Federal agency debt securities (2)                         22,492            0   -   12,601       22,492  
    Mortgage-backed securities (4)                          1,743,984   +        5   +    7,292    1,743,984  
  Unamortized premiums on securities held outright (5)        178,080   -      358   -   16,619      177,973  
  Unamortized discounts on securities held outright (5)       -15,593   +       29   +    1,621      -15,583  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           178   -       36   -       63          188  
    Primary credit                                                  4   +        1   +        2            5  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               174   -       36   -       65          183  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,707            0   +        4        1,707  
  Float                                                          -319   +      232   -      386         -429  
  Central bank liquidity swaps (8)                                350   -    1,001   +      214          350  
  Other Federal Reserve assets (9)                             24,031   +    1,617   -    1,643       24,845  
Foreign currency denominated assets (10)                       21,268   -      159   +    1,296       21,463  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             48,067   +       14   +      819       48,067  
                                                                                                              
Total factors supplying reserve funds                       4,504,099   +      359   -   18,396    4,504,896  

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 7, 2016 
Federal Reserve Banks                                      Sep 7, 2016 Aug 31, 2016  Sep 9, 2015              

Currency in circulation (11)                                 1,472,266   +    7,034   +   86,329    1,473,485 
Reverse repurchase agreements (12)                             332,781   -    3,347   +  106,730      319,779 
  Foreign official and international accounts                  240,324   -    2,242   +   79,947      240,699 
  Others                                                        92,457   -    1,105   +   26,783       79,080 
Treasury cash holdings                                             111   +        2   -       50          104 
Deposits with F.R. Banks, other than reserve balances          278,147   -   39,185   +  165,159      282,524 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               236,154   -   38,041   +  150,362      238,152 
  Foreign official                                               5,171   -      103   -      173        5,167 
  Other (13)                                                    36,823   -    1,041   +   14,971       39,205 
Other liabilities and capital (14)                              46,984   +        5   -   19,146       46,974 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,130,290   -   35,490   +  339,023    2,122,868 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,373,809   +   35,849   -  357,419    2,382,028 

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.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
14. Includes the liability for earnings remittances due to the U.S. Treasury.                               
                                                                                                            



Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended   Sep 7, 2016 
                                                           Sep 7, 2016 Aug 31, 2016  Sep 9, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,184,064   -    4,488   -  150,999    3,177,752 
  Marketable U.S. Treasury securities (1)                    2,861,147   -    4,963   -  143,881    2,854,719 
  Federal agency debt and mortgage-backed securities (2)       262,854   +      289   -   22,473      262,842 
  Other securities (3)                                          60,062   +      184   +   15,353       60,192 
Securities lent to dealers                                      24,540   +    2,094   +   12,004       24,734 
  Overnight facility (4)                                        24,540   +    2,094   +   12,004       24,734 
    U.S. Treasury securities                                    24,524   +    2,094   +   12,033       24,719 
    Federal agency debt securities                                  16   +        1   -       29           15 

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 7, 2016   

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                                           45           142             0             0             0           ...           188 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0        37,466       150,744     1,209,231       431,090       635,068     2,463,599 
  Weekly changes                                 0    +   10,537    -   10,538    -        8    -        8    -       29    -       46 
Federal agency debt securities (2)                                                                                                     
  Holdings                                   2,000         1,999        11,736         4,410             0         2,347        22,492 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0         1,409        10,704     1,731,870     1,743,984 
  Weekly changes                                 0             0             0    +      224    -       83    -      140    +        2 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               350             0             0             0             0             0           350 
                                                                                                                                       
Reverse repurchase agreements (4)          319,779             0           ...           ...           ...           ...       319,779 
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 7, 2016  

Mortgage-backed securities held outright (1)                                                                             1,743,984  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           41,632  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    5  



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 7, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,707  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                    0  



1.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued
    quarterly. This table reflects valuations as of June 30, 2016. 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 7, 2016   Wednesday    Wednesday  
                                                        consolidation                Aug 31, 2016  Sep 9, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,919   -       12   +       30  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,392,652   -      382   -   18,749  
    Securities held outright (1)                                          4,230,075   -       44   -    3,667  
      U.S. Treasury securities                                            2,463,599   -       46   +    1,656  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,341,647            0   -    4,993  
        Notes and bonds, inflation-indexed (2)                              104,553            0   +    6,019  
        Inflation compensation (3)                                           17,399   -       46   +      630  
      Federal agency debt securities (2)                                     22,492            0   -   12,601  
      Mortgage-backed securities (4)                                      1,743,984   +        2   +    7,278  
    Unamortized premiums on securities held outright  
    (5)                                                                     177,973   -      350   -   16,644  
    Unamortized discounts on securities held outright 
    (5)                                                                     -15,583   +       32   +    1,622  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       188   -       19   -       59  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,707            0   +        4  
  Items in process of collection                                   (0)          220   +        2   -      191  
  Bank premises                                                               2,204   -        8   -       30  
  Central bank liquidity swaps (8)                                              350   -    1,001   +      214  
  Foreign currency denominated assets (9)                                    21,463   +      235   +    1,542  
  Other assets (10)                                                          22,641   +    2,651   -    1,640  
                                                                                                               
Total assets                                                       (0)    4,459,394   +    1,487   -   18,819  

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 7, 2016   Wednesday    Wednesday  
                                                        consolidation                Aug 31, 2016  Sep 9, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,427,438   +    4,820   +   85,299 
  Reverse repurchase agreements (11)                                         319,779   -  102,751   +   91,727 
  Deposits                                                          (0)    2,664,553   +   99,093   -  177,757 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,382,028   +  151,421   -  352,622 
    U.S. Treasury, General Account                                           238,152   -   50,794   +  161,896 
    Foreign official                                                           5,167            0   -       88 
    Other (12)                                                      (0)       39,205   -    1,535   +   13,056 
  Deferred availability cash items                                  (0)          650   -      716   +      188 
  Other liabilities and accrued dividends (13)                                 6,830   +    1,043   -      132 
                                                                                                               
Total liabilities                                                   (0)    4,419,249   +    1,487   -      675 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,145            0   +    1,001 
  Surplus                                                                     10,000            0   -   19,144 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,145            0   -   18,143 

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.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Revalued daily at current foreign currency exchange rates.                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
13. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, September 7, 2016
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         355       3,588          359         586         760       1,541         753         360         193         296         875       1,371
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,919          48          75          154         132         304         190         278          30          56         136         195         321
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,392,652     107,903   2,499,607      119,265     131,547     268,440     245,847     175,033      55,496      32,462      61,153     156,357     539,543
    Securities held outright (1)               4,230,075     103,913   2,407,196      114,856     126,684     258,516     236,754     168,547      53,387      31,186      58,872     150,568     519,596
      U.S. Treasury securities                 2,463,599      60,519   1,401,953       66,892      73,781     150,560     137,886      98,162      31,093      18,163      34,287      87,691     302,613
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,463,599      60,519   1,401,953       66,892      73,781     150,560     137,886      98,162      31,093      18,163      34,287      87,691     302,613
      Federal agency debt securities (2)          22,492         553      12,799          611         674       1,375       1,259         896         284         166         313         801       2,763
      Mortgage-backed securities (4)           1,743,984      42,841     992,444       47,353      52,229     106,581      97,609      69,489      22,010      12,858      24,272      62,077     214,220
    Unamortized premiums on securities held 
      outright (5)                               177,973       4,372     101,278        4,832       5,330      10,877       9,961       7,091       2,246       1,312       2,477       6,335      21,861
    Unamortized discounts on securities     
      held outright (5)                          -15,583        -383      -8,868         -423        -467        -952        -872        -621        -197        -115        -217        -555      -1,914
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            188           1           0            0           0           0           5          16          60          78          21           8           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,707           0       1,707            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     220           0           0            0           0           0         219           0           0           1           0           0           0
  Bank premises                                    2,204         118         428           72         105         206         208         201         115          90         240         225         197
  Central bank liquidity swaps (8)                   350          15         115           19          27          78          19           9           4           1           3           4          53
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   21,463         948       7,083        1,181       1,635       4,786       1,191         575         220          92         214         272       3,265
  Other assets (10)                               22,641         586      12,364          614         679       1,551       1,279         916         496         188         362         821       2,785
  Interdistrict settlement account                     0  -   13,654  -   65,500   -    5,742  +    2,001  +      536  +    8,262  +    6,492  +    1,311  +      606  +      969  +   13,536  +   51,183
                                                                                                                                                                                                         
Total assets                                   4,459,394      96,517   2,461,286      116,133     136,948     277,073     259,410     184,682      58,182      33,778      63,526     172,566     599,292

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 7, 2016 (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            1,613,031      50,475     526,736      50,326      81,418     113,976     222,145     106,270      50,057      27,776      41,504     133,736     208,612
    Less: Notes held by F.R. Banks               185,593       6,213      55,339       6,476       9,293      13,605      27,959      12,218       5,373       3,004       5,380      15,513      25,220
      Federal Reserve notes, net               1,427,438      44,262     471,397      43,850      72,125     100,372     194,186      94,052      44,685      24,771      36,123     118,223     183,392
  Reverse repurchase agreements (11)             319,779       7,855     181,976       8,683       9,577      19,543      17,898      12,742       4,036       2,358       4,450      11,382      39,280
  Deposits                                     2,664,553      42,447   1,791,410      61,184      51,933     147,703      44,312      76,067       8,865       6,031      22,410      42,173     370,017
    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                           2,382,028      42,444   1,516,641      61,181      51,930     147,309      44,303      68,742       8,857       6,031      22,409      42,172     370,008
    U.S. Treasury, General Account               238,152           0     238,152           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,167           2       5,141           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    39,205           2      31,476           0           0         385           7       7,323           8           0           1           0           3
  Deferred availability cash items                   650           0           0           0           0           0         352           0           0         298           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 2,172          58       1,182          64          78         165         128          83          27          15          29          75         268
  Other liabilities and accrued             
     dividends                                     4,658         146       2,165         182         187         480         315         246         138         135         121         205         340
                                                                                                                                                                                                        
Total liabilities                              4,419,249      94,769   2,448,130     113,962     133,899     268,263     257,191     183,189      57,751      33,608      63,133     172,058     593,296
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,145       1,306       9,857       1,620       2,287       6,580       1,664       1,225         329         128         293         381       4,474
  Surplus                                         10,000         442       3,299         550         762       2,230         555         268         103          43         100         127       1,521
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,459,394      96,517   2,461,286     116,133     136,948     277,073     259,410     184,682      58,182      33,778      63,526     172,566     599,292

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 7, 2016 (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.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
9.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities. Also includes certain         
    deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.                                                   
13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after          
    providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $10 billion surplus.                                                                            
                                                                                                                                                                                                            


Note on consolidation:


On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to
acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the
remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual
returns and could have absorbed any residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the
assets and liabilities of FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was
eliminated, the net assets of ML appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only
to the ML portfolio holdings, were included in other liabilities in this table (and table 1 and table 5).

                                                                                 



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                           Sep 7, 2016  

Federal Reserve notes outstanding                                                            1,613,031  
  Less: Notes held by F.R. Banks not subject to collateralization                              185,593  
    Federal Reserve notes to be collateralized                                               1,427,438  
Collateral held against Federal Reserve notes                                                1,427,438  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,411,201  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,230,075  
  Less: Face value of securities under reverse repurchase agreements                           298,714  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,931,361  

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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