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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                                                     July 8, 2021


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   Jul 7, 2021 
Federal Reserve Banks                                      Jul 7, 2021 Jun 30, 2021  Jul 8, 2020              

Reserve Bank credit                                         8,047,806   +    8,317   +1,132,521    8,058,899  
  Securities held outright (1)                              7,512,568   +    9,829   +1,378,094    7,523,709  
    U.S. Treasury securities                                5,190,583   +   14,740   +  969,856    5,201,725  
      Bills (2)                                               326,044            0            0      326,044  
      Notes and bonds, nominal (2)                          4,456,035   +   10,692   +  867,390    4,466,950  
      Notes and bonds, inflation-indexed (2)                  352,886   +    3,110   +   82,680      352,886  
      Inflation compensation (3)                               55,619   +      939   +   19,787       55,845  
    Federal agency debt securities (2)                          2,347            0            0        2,347  
    Mortgage-backed securities (4)                          2,319,637   -    4,912   +  408,236    2,319,637  
  Unamortized premiums on securities held outright (5)        351,498   +      239   +   36,846      351,432  
  Unamortized discounts on securities held outright (5)       -14,357   -      163   -    9,039      -14,349  
  Repurchase agreements (6)                                         0            0   -   41,286            0  
    Foreign official                                                0            0   -      143            0  
    Others                                                          0            0   -   41,143            0  
  Loans                                                        89,838   -    1,156   -    5,456       88,802  
    Primary credit                                                391   -       69   -    4,928          406  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                20            0   +        1           20  
    Primary Dealer Credit Facility                                  0            0   -    2,276            0  
    Money Market Mutual Fund Liquidity Facility                     0            0   -   19,624            0  
    Paycheck Protection Program Liquidity Facility             89,427   -    1,087   +   21,370       88,376  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Commercial Paper Funding      
    Facility II LLC (7)                                             0   -    1,250   -   12,800            0  
  Net portfolio holdings of Corporate Credit Facilities   
  LLC (7)                                                      25,906   +       38   -   16,407       25,931  
  Net portfolio holdings of MS Facilities LLC (Main       
    Street Lending Program) (7)                                30,548   +        9   -    6,954       30,555  
  Net portfolio holdings of Municipal Liquidity           
  Facility LLC (7)                                             10,740   +        2   -    5,341       10,742  
  Net portfolio holdings of TALF II LLC (7)                     4,689   -       63   -    4,064        4,689  
  Float                                                          -123   +      200   +       85         -100  
  Central bank liquidity swaps (8)                                521   -       56   -  181,556          521  
  Other Federal Reserve assets (9)                             35,978   +      688   +      400       36,967  
Foreign currency denominated assets (10)                       21,202   -      105   +      299       21,189  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             50,726   +       14   +      461       50,726  
                                                                                                              
Total factors supplying reserve funds                       8,135,974   +    8,224   +1,133,281    8,147,055  

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   Jul 7, 2021 
Federal Reserve Banks                                      Jul 7, 2021 Jun 30, 2021  Jul 8, 2020              

Currency in circulation (11)                                 2,186,896   +    6,260   +  212,206    2,188,852 
Reverse repurchase agreements (12)                           1,008,251   -   65,635   +  780,136    1,049,332 
  Foreign official and international accounts                  261,542   +   10,762   +   33,428      263,612 
  Others                                                       746,709   -   76,397   +  746,708      785,720 
Treasury cash holdings                                              42            0   -       19           45 
Deposits with F.R. Banks, other than reserve balances          979,641   -   16,249   -  844,767      961,876 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               753,364   +    7,402   -  899,734      724,898 
  Foreign official                                               5,263   -    1,509   -   11,856        5,230 
  Other (13)                                                   221,014   -   22,142   +   66,823      231,748 
Treasury contributions to credit facilities (14)                40,278   -    7,143   -   73,722       40,278 
Other liabilities and capital (15)                              50,297   +    1,213   +    2,845       50,469 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  4,265,405   -   81,554   +   76,678    4,290,852 
                                                                                                              
Reserve balances with Federal Reserve Banks                  3,870,568   +   89,777   +1,056,601    3,856,203 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt
    securities, and mortgage-backed securities, amortization is on an effective-interest basis.         
6.  Cash value of agreements.                                                                               
7.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury      
    contributions to the facility. Refer to note on consolidation below.                                
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Includes bank premises, accrued interest, and other accounts receivable.                                
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities                                                          
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, designated financial market utilities, and deposits held by depository
    institutions in joint accounts in connection with their participation in certain private-sector payment
    arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, 
    for services provided by the Reserve Banks as fiscal agents of the United States.                   
14. Book value. Amount of equity investments in Corporate Credit Facilities LLC of $13.9 billion, MS        
    Facilities LLC of $16.6 billion, Municipal Liquidity Facility LLC of $6.3 billion, and TALF II LLC of
    $3.5 billion.                                                                                       
15. Includes the liability for earnings remittances due to the U.S. Treasury.                               
                                                                                                            



Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended   Jul 7, 2021 
                                                           Jul 7, 2021 Jun 30, 2021  Jul 8, 2020              

Securities held in custody for foreign official and       
     international accounts                                  3,528,385   +    5,803   +  125,707    3,530,555 
  Marketable U.S. Treasury securities (1)                    3,087,536   +    5,915   +  138,214    3,089,768 
  Federal agency debt and mortgage-backed securities (2)       351,761   -      193   -   16,878      351,588 
  Other securities (3)                                          89,088   +       81   +    4,371       89,199 
Securities lent to dealers                                      37,569   -    2,706   +    5,434       34,395 
  Overnight facility (4)                                        37,569   -    2,706   +    5,434       34,395 
    U.S. Treasury securities                                    37,569   -    2,706   +    5,434       34,395 
    Federal agency debt securities                                   0            0            0            0 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           








2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, July 7, 2021
Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans (1)                                      202           224        13,942        74,427             7           ...        88,802 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                  76,653       295,430       658,430     2,002,523       954,433     1,214,256     5,201,725 
  Weekly changes                        -    2,472    +   28,299    -   19,949    +    6,814    +    3,461    +    2,188    +   18,340 
Federal agency debt securities (3)                                                                                                     
  Holdings                                       0             0             0             0         2,134           213         2,347 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0            16         1,880        65,494     2,252,246     2,319,637 
  Weekly changes                                 0             0    +        3    +      122    +      284    -      411             0 
Commercial paper held by Commercial                                                                                                    
  Paper Funding Facility II LLC (5)              0             0             0           ...           ...           ...             0 
Loan participations held by MS                                                                                                         
  Facilities LLC (Main Street Lending                                                                                                   
  Program) (6)                                   0             0             0        16,191           ...           ...        16,191 
Municipal notes held by Municipal                                                                                                      
  Liquidity Facility LLC (7)                     0             0             0         4,373           ...           ...         4,373 
Loans held by TALF II LLC (8)                    0             0             0         1,622           ...           ...         1,622 
Repurchase agreements (9)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (10)              178           343             0             0             0             0           521 
Reverse repurchase agreements (9)        1,049,332             0           ...           ...           ...           ...     1,049,332 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Loans includes primary, secondary, and seasonal loans and credit extended through the Primary           
    Dealer Credit Facility, Paycheck Protection Program Liquidity Facility, and other credit extensions. Loans
    exclude the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding     
    Facility II LLC, Corporate Credit Facilities LLC, Municipal Liquidity Facility LLC, and TALF II LLC, and
    from the Federal Reserve Bank of Boston (FRBB) to MS Facilities LLC, which were eliminated when     
    preparing the FRBNY's and FRBB's statement of condition, respectively, consistent with consolidation under
    generally accepted accounting principles.                                                           
2.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
3.  Face value.                                                                                             
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Book value of commercial paper held by Commercial Paper Funding Facility II LLC.                        
6.  Book value of the loan participations held by the MS Facilities LLC.                                    
7.  Book value of the municipal notes held by the Municipal Liquidity Facility LLC.                         
8.  Book value of the loans held by the TALF II LLC.                                                        
9.  Cash value of agreements.                                                                               
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                       Jul 7, 2021  

Mortgage-backed securities held outright (1)                                                                             2,319,637  
  Residential mortgage-backed securities                                                                                 2,309,868  
  Commercial mortgage-backed securities                                                                                      9,770  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                          183,074  
Commitments to sell mortgage-backed securities (2)                                                                             168  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    0  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
2.  Current face value. Includes residential and commercial mortgage-backed securities. Residential         
    mortgage-backed securities generally settle within 180 calendar days and include commitments associated
    with outright transactions, dollar rolls, and coupon swaps. Commercial mortgage-backed securities   
    generally settle within three business days.                                                        
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Credit Facilities LLCs
Millions of dollars
Credit Facilities LLCs:                                                  Wednesday Jul 7, 2021                
                                                                              Net portfolio holdings of       
                                                                               Credit Facilities LLCs         
                                                           Outstanding                                        
                                                            principal   Outstanding                           
                                                             amount      amount of    Treasury                
                                                             of loan     facility   contributions             
                                                           extended to     asset         and                  
                                                           the LLC (1) purchases (2)other assets (3)    Total    

Commercial Paper Funding Facility II LLC                             0            0            0            0 
Corporate Credit Facilities LLC                                 13,609        9,451       16,480       25,931 
MS Facilities LLC (Main Street Lending Program)                 16,228       13,533       17,022       30,555 
Municipal Liquidity Facility LLC                                 5,358        4,373        6,369       10,742 
TALF II LLC                                                      1,660        1,622        3,067        4,689 

Note: Components may not sum to totals because of rounding.


1.  Book value. This amount was eliminated when preparing the Federal Reserve Banks' statement of           
    condition consistent with consolidation under generally accepted accounting principles. Refer to the note
    on consolidation accompanying table 6. Loans are extended from the Federal Reserve Bank to the LLC  
    upon settlement of the investment activity.                                                         
2.  Outstanding amount of facility asset purchases:                                                         
    a. For the Commercial Paper Funding Facility II LLC includes commercial paper at book value.            
    b. For the Corporate Credit Facilities LLC includes exchange traded-funds and corporate bonds at        
    fair value. Asset balances from trading activity are                                                
    reported on a one-day lag after the transaction date.                                                   
    c. For the MS Facilities LLC (Main Street Lending Program) includes loan participations at face         
    value, net of an allowance for loan losses                                                          
    updated as of March 31, 2021.                                                                           
    d. For the Municipal Liquidity Facility LLC includes municipal notes at book value. Asset balances      
    from trading activity may be reported on                                                            
    a one-day lag after the transaction date.                                                               
    e. For the TALF II LLC includes loans to holders of eligible asset-backed securities at book value.     
3.  Includes short term receivables, interest and dividend receivables, and other assets of the             
    facility. Also includes the portion of the Treasury contribution to the credit facilities, which is held as
    investments in nonmarketable Treasury securities and the residual portion which is held as cash and 
    cash equivalents at the FRBNY. The amount of cash and cash equivalents held at the FRBNY are        
    eliminated in consolidation and, as result, are excluded from net portfolio holdings in Tables 1, 5, and 6.
    Amounts excluded are approximately 15% of Treasury contributions to the credit facilities from the  
    following consolidated LLCs: Commercial Paper Funding Facility II LLC, Corporate Credit Facilities LLC,
    Municipal Liquidity Facility LLC, and TALF II LLC. Refer to the note on consolidation accompanying  
    table 6.                                                                                            





5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from        Jul 7, 2021   Wednesday    Wednesday  
                                                        consolidation                Jun 30, 2021  Jul 8, 2020 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,235   +        2   -      262  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     7,949,594   +   16,009   +1,401,185  
    Securities held outright (1)                                          7,523,709   +   18,340   +1,378,606  
      U.S. Treasury securities                                            5,201,725   +   18,340   +  970,370  
        Bills (2)                                                           326,044            0            0  
        Notes and bonds, nominal (2)                                      4,466,950   +   17,601   +  867,677  
        Notes and bonds, inflation-indexed (2)                              352,886            0   +   82,680  
        Inflation compensation (3)                                           55,845   +      738   +   20,012  
      Federal agency debt securities (2)                                      2,347            0            0  
      Mortgage-backed securities (4)                                      2,319,637            0   +  408,236  
    Unamortized premiums on securities held outright  
    (5)                                                                     351,432   +       30   +   36,181  
    Unamortized discounts on securities held outright 
    (5)                                                                     -14,349   -       37   -    9,050  
    Repurchase agreements (6)                                                     0            0            0  
    Loans (7)                                                                88,802   -    2,324   -    4,553  
  Net portfolio holdings of Commercial Paper          
    Funding Facility II LLC (8)                                                   0            0   -   12,802  
  Net portfolio holdings of Corporate Credit          
  Facilities LLC (8)                                                         25,931   +       29   -   16,713  
  Net portfolio holdings of MS Facilities LLC (Main   
    Street Lending Program) (8)                                              30,555   +        8   -    6,948  
  Net portfolio holdings of Municipal Liquidity       
  Facility LLC (8)                                                           10,742   +        2   -    5,340  
  Net portfolio holdings of TALF II LLC (8)                                   4,689            0   -    4,064  
  Items in process of collection                                   (0)          113   +       47   +       62  
  Bank premises                                                               1,880   -       49   -      316  
  Central bank liquidity swaps (9)                                              521   -       47   -  178,574  
  Foreign currency denominated assets (10)                                   21,189   -       32   +      216  
  Other assets (11)                                                          35,088   +    3,261   +      615  
                                                                                                               
Total assets                                                       (0)    8,097,773   +   19,229   +1,177,057  

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        Jul 7, 2021   Wednesday    Wednesday  
                                                        consolidation                Jun 30, 2021  Jul 8, 2020 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         2,139,402   +    5,263   +  210,927 
  Reverse repurchase agreements (12)                                       1,049,332   -  211,593   +  824,472 
  Deposits                                                          (0)    4,818,079   +  224,264   +  213,213 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         3,856,203   +  344,573   +1,042,907 
    U.S. Treasury, General Account                                           724,898   -  127,031   -  899,506 
    Foreign official                                                           5,230   -       25   -   11,002 
    Other (13)                                                      (0)      231,748   +    6,746   +   80,814 
  Deferred availability cash items                                  (0)          213   -      915   -       53 
  Treasury contributions to credit facilities (14)                            40,278            0   -   73,722 
  Other liabilities and accrued dividends (15)                                10,865   +    2,211   +    1,378 
                                                                                                               
Total liabilities                                                   (0)    8,058,170   +   19,230   +1,176,215 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             32,818   -        1   +      882 
  Surplus                                                                      6,785            0   -       40 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 39,603   -        1   +      842 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt
    securities, and mortgage-backed securities, amortization is on an effective-interest basis.         
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Loans includes primary, secondary, and seasonal loans and credit extended through the Primary           
    Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, Paycheck Protection Program Liquidity
    Facility, and other credit extensions.                                                              
8.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury      
    contributions to the facility. Refer to note on consolidation below.                                
9.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
10. Revalued daily at current foreign currency exchange rates.                                              
11. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, designated financial market utilities, and deposits held by depository
    institutions in joint accounts in connection with their participation in certain private-sector payment
    arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, 
    for services provided by the Reserve Banks as fiscal agents of the United States.                   
14. Book value. Amount of equity investments in Corporate Credit Facilities LLC of $13.9 billion, MS        
    Facilities LLC of $16.6 billion, Municipal Liquidity Facility LLC of $6.3 billion, and TALF II LLC of
    $3.5 billion.                                                                                       
15. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, July 7, 2021
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificates and special drawing     
    rights certificates                           16,237         531       5,422          523         752       1,187       2,188       1,136         475         273         455       1,220       2,075
  Coin                                             1,235          19          25          111          54         182         112         232          14          32          85         145         225
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans (1)                             7,949,594     131,503   4,454,821      170,256     301,889     528,206     461,487     429,825     103,535      88,426     106,461     348,709     824,477
  Net portfolio holdings of Commercial      
     Paper Funding Facility II LLC (2)                 0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Corporate       
    Credit Facilities LLC (2)                     25,931           0      25,931            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of MS                                                                                                                                                                           
    Facilities LLC (Main Street Lending                                                                                                                                                                  
    Program) (2)                                  30,555      30,555           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Municipal       
    Liquidity Facility LLC (2)                    10,742           0      10,742            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF II LLC (2)        4,689           0       4,689            0           0           0           0           0           0           0           0           0           0
  Central bank liquidity swaps (3)                   521          24         175           19          45         108          24          20          10           4           6           9          77
  Foreign currency denominated                                                                                                                                                                           
     assets (4)                                   21,189         962       7,122          761       1,832       4,409         958         830         403         180         229         382       3,120
  Other assets (5)                                37,081         708      19,504          885       1,407       2,764       2,341       2,057         624         467         805       1,741       3,777
  Interdistrict settlement account                     0  -    4,228  -  299,092   +   23,631  +   10,754  -    3,421  +   42,811  +   77,640  +   10,640  -   13,977  +   12,503  +   34,262  +  108,476
                                                                                                                                                                                                         
Total assets                                   8,097,773     160,073   4,229,339      196,184     316,733     533,437     509,921     511,741     115,702      75,405     120,544     386,468     942,227

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, July 7, 2021 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes, net                   2,139,402      65,109     698,722      63,597     104,766     157,159     301,165     128,017      57,586      32,487      53,744     194,500     282,550
  Reverse repurchase agreements (6)            1,049,332      17,535     593,141      22,163      38,181      70,314      61,483      57,262      13,681       8,119      13,934      46,403     107,116
  Deposits                                     4,818,079      61,064   2,892,984     108,603     169,854     296,856     144,725     324,239      43,444      34,215      52,160     144,219     545,714
    Depository institutions                    3,856,203      61,046   2,107,255     108,602     169,809     296,157     144,590     151,953      43,435      33,565      50,098     144,004     545,688
    U.S. Treasury, General Account               724,898           0     724,898           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,230           2       5,204           1           3           8           2           2           1           0           0           1           6
    Other (7)                                    231,748          16      55,628           0          41         691         133     172,284           9         650       2,061         215          20
  Earnings remittances due to the U.S.      
     Treasury (8)                                  2,797          36       1,675          52          92         162         158         146          32          19          33         122         271
  Treasury contributions to credit          
     facilities (9)                               40,278      16,572      23,706           0           0           0           0           0           0           0           0           0           0
  Other liabilities and accrued             
     dividends                                     8,281      -2,008       5,843         269         332         778         597         535         216         340         239         393         747
                                                                                                                                                                                                        
Total liabilities                              8,058,170     158,308   4,216,073     194,684     313,225     525,269     508,127     510,200     114,959      75,181     120,109     385,637     936,398
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 32,818       1,457      10,987       1,256       2,921       6,756       1,486       1,275         613         167         361         709       4,830
  Surplus                                          6,785         308       2,280         244         587       1,412         307         266         129          58          73         122         999
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  8,097,773     160,073   4,229,339     196,184     316,733     533,437     509,921     511,741     115,702      75,405     120,544     386,468     942,227

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, July 7, 2021 (continued)


1.  Securities include outright holdings of U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, including securities lent to dealers under the overnight              
    securities                                                                                                                                                                                          
    lending facility; refer to table 1A. Mortgage-backed securities are guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Unamortized premiums and discounts are the differences between               
    the purchase price and the face value of the securities that have not been amortized. For U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities,                     
    amortization is on an effective-interest basis. Repurchase agreements reflect the cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                    
    Loans includes primary, secondary, and seasonal loans and credit extended through the Primary Dealer Credit Facility, Paycheck Protection Program Liquidity Facility,                                   
    and other credit extensions.                                                                                                                                                                            
2.  Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below.                                 
3.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
4.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
5.  Includes items in process of collection, bank premises, accrued interest (which represents the daily accumulation of interest earned), and other accounts receivable.                                   
6.  Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
7.  Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by              
    depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General
    Account, for services provided by the Reserve Banks as fiscal agents of the United States.                                                                                                          
8.  Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after          
    providing for the costs of operations, payment of dividends, and the amount necessary to maintain each Federal Reserve Bank's allotted surplus cap.                                                 
9.  Book value. Amount of equity investments in Corporate Credit Facilities LLC of $13.9 billion, MS Facilities LLC of $16.6 billion, and Municipal Liquidity Facility LLC of $6.3 billion, and TALF II     
    LLC of $3.5 billion.                                                                                                                                                                                
                                                                                                                                                                                                            



    Note on consolidation:                                                                                                                                                                                  
    The Federal Reserve Bank of New York (FRBNY) and the Federal Reserve Bank of Boston (FRBB) have extended loans to limited liability companies under the authority of section 13(3) of the Federal       
    Reserve Act. On April 14, 2020, FRBNY began extending loans to the Commercial Paper Funding Facility II LLC (CPFF II LLC), a limited liability company formed to purchase three-month U.S           
    dollar-denominated commercial paper by eligible issuers. The assets of the CPFF II LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On
    May 12, 2020, FRBNY began extending loans to the Corporate Credit Facilities LLC (CCF LLC), a limited liability company formed to purchase eligible bonds or portions of syndicated loans or bonds at
    issuance through the Primary Market Corporate Credit Facility and to purchase eligible individual corporate bonds and exchange-traded funds through the Secondary Market Corporate Credit Facility. 
    The assets of the CCF LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On June 5, 2020, FRBNY began extending loans to the
    Municipal Liquidity Facility LLC (MLF LLC), a limited liability company formed to purchase municipal notes from eligible issuers. The assets of the MLF LLC and the amount provided by U.S. Treasury
    as credit protection to the FRBNY are used to secure the loan from the FRBNY. On June 25, 2020, FRBNY began extending loans to the TALF II LLC, a special purpose vehicle that was formed to help   
    support the flow of credit to consumers and businesses. The assets of the TALF II LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the
    FRBNY. On July 15, 2020, the FRBB began extending loans to the MS Facilities LLC (Main Street Lending Program), a special purpose vehicle that was formed to help ensure credit flows to small and  
    medium-sized businesses and to eligible nonprofits. The assets of the MS Facilities LLC and the amount provided by U.S. Treasury as credit protection to the FRBB are used to secure the loan from the
    FRBB.                                                                                                                                                                                               
    The FRBNY is the managing member of CPFF II LLC, CCF LLC, MLF LLC, and TALF II LLC. The FRBB is the managing member of MS Facilities LLC (Main Street Lending Program). Consistent with generally       
    accepted accounting principles, the assets and liabilities of each LLC have been accounted for and consolidated with the assets and liabilities of the FRBNY or FRBB, in the preparation of the     
    statements of condition shown on this release. As a consequence of the consolidation, the loan from the Reserve Bank to the LLC is eliminated as are any balances held at the FRBNY for LLCs consolidated
    to FRBNY or FRBB for LLCs consolidated to FRBB. Treasury contributions to credit facilities are held at FRBNY until invested. Net assets of the LLC appears as assets on table 6 (and in table 1 and
    table 5), and the liabilities of the LLC to entities other than the FRBNY or FRBB, including those with recourse only to the portfolio holdings of the LLC, are included in other liabilities in this
    table (and table 1 and table 5). The amount provided by U.S. Treasury as credit protection to FRBNY and FRBB appears as liabilities on table 6 (and in table 1 and table 5).                        





7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                           Jul 7, 2021  

Federal Reserve notes outstanding                                                            2,332,317  
  Less: Notes held by F.R. Banks not subject to collateralization                              192,915  
    Federal Reserve notes to be collateralized                                               2,139,402  
Collateral held against Federal Reserve notes                                                2,139,402  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   2,123,165  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       7,523,709  
  Less: Face value of securities under reverse repurchase agreements                         1,044,276  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        6,479,433  

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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