---

`FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           February 8, 2007
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at            Feb 7, 2007 Jan 31, 2007  Feb 8, 2006  Feb 7, 2007
Federal Reserve Banks

Reserve Bank Credit                                         841,481    -   2,724    +  32,378      840,250
 Securities held outright                                   778,871    +       3    +  30,044      778,876       
    U.S. Treasury (1)                                       778,871    +       3    +  30,044      778,876
       Bills (2)                                            277,019            0    +   4,162      277,019
       Notes and bonds, nominal (2)                         466,675    -   1,019    +  16,095      466,675
       Notes and bonds, inflation-indexed (2)                31,776    +   1,019    +   9,580       31,776
       Inflation compensation (3)                             3,401    +       3    +     207        3,406
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    22,393    -   3,107    +   2,357       19,750
 Loans to depository institutions                                21    -     189    -      12           23
    Primary credit                                                1    -     188    -       4            0
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              20    -       2    -       8           23
 Float                                                         -452    +     490    -     332          717
 Other Federal Reserve assets                                40,648    +      80    +     320       40,884
Gold stock                                                   11,041            0    -       3       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,303    +      14    +   1,445       38,303
       
Total factors supplying reserve funds                       893,025    -   2,710    +  33,820      891,794
                                                                   
Currency in circulation(5)                                  802,449    +   1,606    +  17,997      804,987
Reverse repurchase agreements (6)                            35,489    +   3,783    +  12,211       33,630
   Foreign official and international accounts               35,489    +   3,783    +  12,211       33,630
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          178    -      32    -      28          196
Deposits with F.R.Banks, other than reserve balances         12,385    +     117    -   1,831       12,512       
  U.S. Treasury, general account                              5,097    +      42    -     263        5,255
  Foreign official                                               89    -       1    +       6           90
  Service-related                                             6,861    +      26    -   1,611        6,861
     Required clearing balances                               6,861    +      26    -   1,611        6,861
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         337    +      50    +      35          306
Other liabilities and capital                                37,126    -     291    +   5,849       36,801

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  887,626    +   5,183    +  34,196      888,128

Reserve balances with Federal Reserve Banks                   5,399    -   7,892    -     377        3,667
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,797,684    +   7,491    + 253,616    1,800,977
     U.S. Treasury                                        1,180,647    +   7,344    +  75,968    1,178,446
     Federal agency                                         617,037    +     147    + 177,648      622,531
  Securities lent to dealers                                  2,819    +   1,530    +     563          816   


Note: Components may not sum to totals because of rounding.


1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.  
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  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Estimated. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.


Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation  Feb 7, 2007     Jan 31, 2007      Feb 8, 2006

Assets
Gold certificate account                                        11,037                0        -       3
Special drawing rights certificate account                       2,200                0                0
Coin                                                             1,040        -      29        +     210
Securities, repurchase agreements, and loans                   798,649        -  13,540        +  30,280
   Securities held outright                                    778,876        +      13        +  30,048
      U.S. Treasury (1)                                        778,876        +      13        +  30,048       
         Bills (2)                                             277,019                0        +   4,151
         Notes and bonds, nominal (2)                          466,675                0        +  16,095
         Notes and bonds, inflation-indexed (2)                 31,776                0        +   9,580
         Inflation compensation (3)                              3,406        +      13        +     222
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    19,750        -  12,250        +     250    
   Loans                                                            23        -   1,303        -      18
Items in process of collection                      (893)        5,093        +   2,364        -   2,532
Bank premises                                                    1,956        -       6        +     132
Other assets (5)                                                38,893        +     520        +     284
      Total assets                                  (893)      858,868        -  10,691        +  28,371
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  767,917        +   2,331        +  16,910
Reverse repurchase agreements (6)                               33,630        +   1,251        +  10,952
Deposits                                              (0)       16,144        -  14,513        -   2,780       
  Depository institutions                                       10,492        -  13,736        -   4,121
  U.S. Treasury, general account                                 5,255        -     798        +   1,282
  Foreign official                                                  90                0        +       8
  Other                                               (0)          306        +      21        +      50
Deferred availability cash items                    (893)        4,376        +     165        -   2,368
Other liabilities and accrued dividends (7)                      5,619        +      51        +   1,423
      Total liabilities                             (893)      827,686        -  10,714        +  24,137
                          
Capital Accounts
Capital paid in                                                 15,361        +       3        +   1,788
Surplus                                                         15,156        +      29        +   2,272
Other capital accounts                                             665        -       9        +     174
      Total capital                                             31,182        +      23        +   4,234


Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
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  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of 
   foreign exchange commitments.



3. Maturity Distribution of Loans and Securities,   February 7, 2007
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days               8       56,872   +     797            0           0       19,750       33,630
16 days to 90 days          16      169,234   -     300            0           0            0            0
91 days to 1 year            0      178,853   -     496            0           0     ------      ------
Over 1 to 5 years     ------        222,482   +       4            0           0     ------      ------
Over 5 to 10 years    ------         69,783   +       3            0           0     ------      ------
Over 10 years         ------         81,652   +       5            0           0     ------      ------
                   		 	
All                         23      778,876   +      13            0           0       19,750      33,630

Note: Components may not sum to totals because of rounding.
---   Not applicable.

1  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. 
2  Cash value of agreements classified by remaining maturity of the agreements.



4. Statement of Condition of Each Federal Reserve Bank on   February 7, 2007
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,037        486      4,139        463        446        853      1,023        947        328        211        324        575      1,242
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,040         40         69         64        100        104        118        121         44         43         81        100        158
Securities, repurchase agreements,
      and loans                              798,649     37,174    308,033     33,815     33,632     64,701     65,205     71,521     24,746     15,844     22,808     34,955     86,214
   Securities held outright                  778,876     37,167    288,283     33,815     33,632     64,701     65,205     71,516     24,746     15,834     22,807     34,955     86,214
      U.S. Treasury (1)                      778,876     37,167    288,283     33,815     33,632     64,701     65,205     71,516     24,746     15,834     22,807     34,955     86,214
         Bills (2)                           277,019     13,219    102,532     12,027     11,962     23,012     23,191     25,436      8,801      5,632      8,112     12,432     30,663
         Notes and bonds(3)                  501,857     23,948    185,751     21,789     21,670     41,689     42,014     46,080     15,945     10,202     14,695     22,523     55,551
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                19,750          0     19,750          0          0          0          0          0          0          0          0          0          0
      Loans                                       23          8          0          0          0          0          0          5          0         10          1          0          0
Items in process of collection                 5,986        218         68        615        918        551        609        345        154        279        449        480      1,301
Bank premises                                  1,956        117        211         58        157        169        231        206         80        116        167        259        184
Other assets(5)                               38,893      1,354     12,336      3,163      2,244      6,988      3,208      2,699        812        739        747      1,075      3,528
Interdistrict settlement account                   0    -   748    -22,153    - 1,051    - 3,808    + 2,632    +11,093    - 2,104    + 5,876    -   506    + 4,278    + 2,485    + 4,007
          Total Assets                       859,761     38,757    303,577     37,210     33,792     76,144     81,654     73,946     32,111     16,755     28,920     40,027     96,867

Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
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  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.




4. Statement of Condition of Each Federal Reserve Bank on   February 7, 2007
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding             961,002     39,103    341,205     38,164     36,114     75,263    100,885     82,291     29,193     17,394     30,804     56,670    113,917
  Less: notes held by F.R. Banks              193,086      3,963     62,786      7,428      7,393     12,902     26,963     15,067      3,232      2,565      4,255     19,964     26,568
    Federal Reserve notes, net                767,917     35,141    278,419     30,735     28,721     62,361     73,921     67,224     25,962     14,829     26,549     36,705     87,349
Reverse repurchase agreements (1)              33,630      1,605     12,448      1,460      1,452      2,794      2,815      3,088      1,068        684        985      1,509      3,723
Deposits                                       16,144        507      3,050        532        795      1,548      1,188      1,060      4,396        286        388        678      1,716
  Depository institutions                      10,492        503      1,548        525        792      1,448      1,185      1,057        374        285        387        676      1,713
  U.S. Treasury, general account                5,255          0      5,255          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 90          1         60          5          3         11          3          2          0          1          0          1          3
  Other                                           306          3     -3,813          2          0         89          0          0      4,021          0          1          2          0
Deferred availability cash items                5,269        420        112        783        344        611        593        293        119        242        436        404        913
Other liabilities and accrued                 
  dividends (2)                                 5,619        261      1,813        261        271        606        529        507        213        148        190        275        545
   
    Total liabilities                         828,579     37,934    295,841     33,771     31,583     67,920     79,047     72,172     31,758     16,188     28,547     39,572     94,246
                              
Capital                    
Capital paid in                                15,361        396      3,725      1,810      1,089      4,093      1,275        859        168        277        178        213      1,277
Surplus                                        15,156        396      3,738      1,630      1,087      4,094      1,276        858        166        276        176        212      1,247
Other capital                                     665         31        273          0         33         37         56         57         19         14         18         30         97
     Total liabilities and capital            859,761     38,757    303,577     37,210     33,792     76,144     81,654     73,946     32,111     16,755     28,920     40,027     96,867
                              

Note: Components may not sum to totals because of rounding.

1  Cash value of agreements, which are collateralized by U.S. Treasury securities.
2  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.


5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars



Federal Reserve notes and collateral        Wednesday
                                           Feb 7, 2007
              
Federal Reserve notes outstanding             961,002
   Less: Notes held by F.R. Banks
         not subject to collateralization     193,086
      Federal Reserve Notes to be
         collateralized                       767,917 
Collateral held against Federal Reserve            
   notes                                      767,917
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              754,680
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         798,626
   Less:face value of securities under
         reverse repurchase agreements         33,683
      U.S. Treasury and agency securities
             eligible to be pledged           764,943
   

Note: Components may not sum to totals because of rounding.

1  Includes face value of U.S. Treasury and agency 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.`

Statistical releases

---

Home Economic research and data  Accessibility Contact Us  Last update: February 8, 2007