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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 1, 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  Aug 31, 2016 
Federal Reserve Banks                                     Aug 31, 2016 Aug 24, 2016  Sep 2, 2015              

Reserve Bank credit                                         4,418,019   -   19,530   -   19,423    4,417,144  
  Securities held outright (1)                              4,230,069   -   18,975   -    3,597    4,230,119  
    U.S. Treasury securities                                2,463,598   +       94   +    1,670    2,463,645  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,342,468   -      136   -    4,172    2,341,647  
      Notes and bonds, inflation-indexed (2)                  103,732   +      136   +    5,198      104,553  
      Inflation compensation (3)                               17,398   +       94   +      645       17,445  
    Federal agency debt securities (2)                         22,492            0   -   12,601       22,492  
    Mortgage-backed securities (4)                          1,743,979   -   19,068   +    7,334    1,743,982  
  Unamortized premiums on securities held outright (5)        178,438   -      975   -   16,641      178,323  
  Unamortized discounts on securities held outright (5)       -15,622   +       34   +    1,624      -15,615  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           214   +        2   -       33          207  
    Primary credit                                                  3   -        3   -        2            1  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               210   +        4   -       32          206  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,707            0   +        8        1,707  
  Float                                                          -551   -      280   -      701       -1,149  
  Central bank liquidity swaps (8)                              1,351   +    1,329   +    1,214        1,351  
  Other Federal Reserve assets (9)                             22,414   -      665   -    1,295       22,201  
Foreign currency denominated assets (10)                       21,427   -      254   +    1,442       21,228  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             48,053   +       14   +      831       48,053  
                                                                                                              
Total factors supplying reserve funds                       4,503,740   -   19,770   -   17,149    4,502,667  

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  Aug 31, 2016 
Federal Reserve Banks                                     Aug 31, 2016 Aug 24, 2016  Sep 2, 2015              

Currency in circulation (11)                                 1,465,232   +    1,470   +   85,962    1,468,632 
Reverse repurchase agreements (12)                             336,128   -   12,835   +   84,926      422,530 
  Foreign official and international accounts                  242,566   -    1,737   +   76,615      251,162 
  Others                                                        93,562   -   11,098   +    8,311      171,368 
Treasury cash holdings                                             109   -       10   -       47          112 
Deposits with F.R. Banks, other than reserve balances          317,332   +   12,639   +  175,141      334,853 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               274,195   +   19,819   +  153,841      288,946 
  Foreign official                                               5,274   +       99   +       26        5,167 
  Other (13)                                                    37,864   -    7,277   +   21,275       40,740 
Other liabilities and capital (14)                              46,979   -      856   -   19,088       45,932 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,165,780   +      408   +  326,894    2,272,060 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,337,960   -   20,178   -  344,043    2,230,607 

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  Aug 31, 2016 
                                                          Aug 31, 2016 Aug 24, 2016  Sep 2, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,188,552   -   18,143   -  158,075    3,185,897 
  Marketable U.S. Treasury securities (1)                    2,866,110   -   16,193   -  150,781    2,862,957 
  Federal agency debt and mortgage-backed securities (2)       262,565   -    2,310   -   22,474      262,953 
  Other securities (3)                                          59,878   +      360   +   15,181       59,986 
Securities lent to dealers                                      22,446   -      660   +   11,642       23,698 
  Overnight facility (4)                                        22,446   -      660   +   11,642       23,698 
    U.S. Treasury securities                                    22,430   -      665   +   11,673       23,681 
    Federal agency debt securities                                  15   +        4   -       32           17 

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, August 31, 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                                          136            71             0             0             0           ...           207 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0        26,929       161,282     1,209,239       431,098       635,097     2,463,645 
  Weekly changes                        -    6,976             0    +    3,200    +    1,896    +    1,930    +       57    +      107 
Federal agency debt securities (2)                                                                                                     
  Holdings                                   2,000         1,999        11,736         4,410             0         2,347        22,492 
  Weekly changes                        +    2,000    -    2,000             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0         1,185        10,787     1,732,010     1,743,982 
  Weekly changes                                 0             0             0    -       37    -      208    -   14,793    -   15,038 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)             1,351             0             0             0             0             0         1,351 
                                                                                                                                       
Reverse repurchase agreements (4)          422,530             0           ...           ...           ...           ...       422,530 
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   
                                                                                                                      Aug 31, 2016  

Mortgage-backed securities held outright (1)                                                                             1,743,982  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           36,009  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    9  



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   
                                                                                                                      Aug 31, 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       Aug 31, 2016   Wednesday    Wednesday  
                                                        consolidation                Aug 24, 2016  Sep 2, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,931   -        4   +       38  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,393,034   -   15,707   -   18,641  
    Securities held outright (1)                                          4,230,119   -   14,931   -    3,599  
      U.S. Treasury securities                                            2,463,645   +      107   +    1,704  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,341,647   -      957   -    4,993  
        Notes and bonds, inflation-indexed (2)                              104,553   +      957   +    6,019  
        Inflation compensation (3)                                           17,445   +      107   +      678  
      Federal agency debt securities (2)                                     22,492            0   -   12,601  
      Mortgage-backed securities (4)                                      1,743,982   -   15,038   +    7,298  
    Unamortized premiums on securities held outright  
    (5)                                                                     178,323   -      784   -   16,622  
    Unamortized discounts on securities held outright 
    (5)                                                                     -15,615   +       28   +    1,620  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       207   -       21   -       40  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,707            0   +        4  
  Items in process of collection                                   (0)          218   +       12   -       91  
  Bank premises                                                               2,212   -        1   -       21  
  Central bank liquidity swaps (8)                                            1,351   +    1,329   +    1,214  
  Foreign currency denominated assets (9)                                    21,228   -      367   +    1,083  
  Other assets (10)                                                          19,990   -    1,194   -    1,564  
                                                                                                               
Total assets                                                       (0)    4,457,907   -   15,933   -   17,979  

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       Aug 31, 2016   Wednesday    Wednesday  
                                                        consolidation                Aug 24, 2016  Sep 2, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,422,618   +    3,549   +   85,316 
  Reverse repurchase agreements (11)                                         422,530   +   86,670   +  190,629 
  Deposits                                                          (0)    2,565,460   -  106,497   -  275,870 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,230,607   -  110,615   -  464,210 
    U.S. Treasury, General Account                                           288,946   +   44,065   +  166,683 
    Foreign official                                                           5,167   +        3   -       77 
    Other (12)                                                      (0)       40,740   -   39,951   +   21,733 
  Deferred availability cash items                                  (0)        1,366   +      760   +    1,044 
  Other liabilities and accrued dividends (13)                                 5,787   -      416   -      952 
                                                                                                               
Total liabilities                                                   (0)    4,417,762   -   15,934   +      167 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,145   +        1   +    1,000 
  Surplus                                                                     10,000            0   -   19,145 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,145   +        1   -   18,146 

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, August 31, 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                                             1,931          48          77          156         136         302         190         279          32          55         136         196         324
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,393,034     107,911   2,499,813      119,275     131,558     268,462     245,869     175,053      55,500      32,479      61,156     156,370     539,588
    Securities held outright (1)               4,230,119     103,914   2,407,222      114,857     126,685     258,518     236,756     168,549      53,388      31,187      58,872     150,570     519,602
      U.S. Treasury securities                 2,463,645      60,520   1,401,979       66,893      73,782     150,563     137,888      98,164      31,093      18,163      34,288      87,693     302,619
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,463,645      60,520   1,401,979       66,893      73,782     150,563     137,888      98,164      31,093      18,163      34,288      87,693     302,619
      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)           1,743,982      42,841     992,443       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)                               178,323       4,381     101,478        4,842       5,340      10,898       9,981       7,105       2,251       1,315       2,482       6,347      21,904
    Unamortized discounts on securities     
      held outright (5)                          -15,615        -384      -8,886         -424        -468        -954        -874        -622        -197        -115        -217        -556      -1,918
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            207           0           0            0           0           0           7          21          59          93          19           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                     218           0           0            0           0           0         217           0           0           1           0           0           0
  Bank premises                                    2,212         118         434           72         105         206         208         202         115          90         240         225         197
  Central bank liquidity swaps (8)                 1,351          60         446           74         103         301          75          36          14           6          13          17         206
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   21,228         937       7,014        1,167       1,616       4,731       1,178         569         218          91         212         269       3,227
  Other assets (10)                               19,990         521      10,866          543         601       1,387       1,128         810         463         169         325         714       2,462
  Interdistrict settlement account                     0  -   22,774  -   25,596   -   10,404  -    1,549  +    1,692  +   11,480  +    2,624  +    1,264  +    2,012  -      292  +   14,049  +   27,493
                                                                                                                                                                                                         
Total assets                                   4,457,907      87,373   2,500,166      111,453     133,393     278,253     262,540     180,750      58,116      35,186      62,239     172,997     575,441

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, August 31, 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            1,613,018      50,519     526,926      50,353      81,481     113,988     222,030     105,903      50,096      27,797      41,343     133,718     208,864
    Less: Notes held by F.R. Banks               190,399       6,366      56,521       6,604       9,638      14,158      28,995      12,364       5,476       3,094       5,326      15,853      26,002
      Federal Reserve notes, net               1,422,618      44,153     470,405      43,748      71,843      99,830     193,035      93,539      44,620      24,702      36,016     117,865     182,862
  Reverse repurchase agreements (11)             422,530      10,380     240,448      11,473      12,654      25,822      23,649      16,836       5,333       3,115       5,881      15,040      51,901
  Deposits                                     2,565,460      30,925   1,773,315      53,859      45,636     143,282      43,003      68,588       7,580       5,939      19,814      39,328     334,192
    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                           2,230,607      30,922   1,446,078      53,857      45,633     143,054      42,994      61,237       7,572       5,938      19,812      39,327     334,183
    U.S. Treasury, General Account               288,946           0     288,946           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,167           2       5,140           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    40,740           2      33,150           0           0         219           7       7,349           8           0           1           1           3
  Deferred availability cash items                 1,366           0           0           0           0           0         249           0           0       1,117           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,187          22         744          21          23          32          78          49          15           8          15          50         130
  Other liabilities and accrued             
     dividends                                     4,600         144       2,098         182         188         476         308         246         137         133         120         205         361
                                                                                                                                                                                                        
Total liabilities                              4,417,762      85,624   2,487,011     109,282     130,344     269,442     260,321     179,257      57,685      35,015      61,846     172,489     569,446
                                                                                                                                                                                                        
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                  4,457,907      87,373   2,500,166     111,453     133,393     278,253     262,540     180,750      58,116      35,186      62,239     172,997     575,441

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, August 31, 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   
                                                                                          Aug 31, 2016  

Federal Reserve notes outstanding                                                            1,613,018  
  Less: Notes held by F.R. Banks not subject to collateralization                              190,399  
    Federal Reserve notes to be collateralized                                               1,422,618  
Collateral held against Federal Reserve notes                                                1,422,618  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,406,381  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,230,119  
  Less: Face value of securities under reverse repurchase agreements                           391,467  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,838,652  

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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