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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 15, 2016


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Sep 14, 2016 
Federal Reserve Banks                                     Sep 14, 2016  Sep 7, 2016 Sep 16, 2015              

Reserve Bank credit                                         4,423,215   +    4,692   -   22,379    4,441,268  
  Securities held outright (1)                              4,232,831   +    2,742   -    5,570    4,249,517  
    U.S. Treasury securities                                2,463,569   -       44   +    1,625    2,463,553  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,341,647            0   -    4,993    2,341,647  
      Notes and bonds, inflation-indexed (2)                  104,553            0   +    6,019      104,553  
      Inflation compensation (3)                               17,369   -       44   +      599       17,352  
    Federal agency debt securities (2)                         22,492            0   -   12,601       22,492  
    Mortgage-backed securities (4)                          1,746,769   +    2,785   +    5,404    1,763,473  
  Unamortized premiums on securities held outright (5)        177,896   -      184   -   16,684      178,425  
  Unamortized discounts on securities held outright (5)       -15,563   +       30   +    1,620      -15,551  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           195   +       17   -       59          215  
    Primary credit                                                  6   +        2            0           15  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               190   +       16   -       58          199  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,707            0   +        4        1,707  
  Float                                                          -340   -       21   -      297         -548  
  Central bank liquidity swaps (8)                                  6   -      344   -      138            6  
  Other Federal Reserve assets (9)                             26,484   +    2,453   -    1,253       27,497  
Foreign currency denominated assets (10)                       21,392   +      124   +    1,289       21,444  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             48,133   +       14   +      858       48,133  
                                                                                                              
Total factors supplying reserve funds                       4,508,981   +    4,830   -   20,232    4,527,086  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Sep 14, 2016 
Federal Reserve Banks                                     Sep 14, 2016  Sep 7, 2016 Sep 16, 2015              

Currency in circulation (11)                                 1,471,268   -    1,050   +   85,943    1,470,520 
Reverse repurchase agreements (12)                             322,940   -    9,841   +   93,362      316,600 
  Foreign official and international accounts                  247,121   +    6,797   +   89,905      252,115 
  Others                                                        75,819   -   16,638   +    3,457       64,485 
Treasury cash holdings                                             105   -        6   -       56          113 
Deposits with F.R. Banks, other than reserve balances          297,925   +   19,778   +  147,208      341,746 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               243,082   +    6,928   +  125,671      252,691 
  Foreign official                                               5,236   +       65   -       21        5,166 
  Other (13)                                                    49,606   +   12,783   +   21,557       83,889 
Other liabilities and capital (14)                              48,253   +    1,269   -   18,667       48,818 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,140,491   +   10,150   +  307,789    2,177,798 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,368,491   -    5,318   -  328,020    2,349,288 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
14. Includes the liability for earnings remittances due to the U.S. Treasury.                               
                                                                                                            



Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Sep 14, 2016 
                                                          Sep 14, 2016  Sep 7, 2016 Sep 16, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,164,545   -   19,519   -  172,754    3,149,835 
  Marketable U.S. Treasury securities (1)                    2,841,416   -   19,731   -  166,680    2,827,215 
  Federal agency debt and mortgage-backed securities (2)       262,990   +      136   -   21,385      262,820 
  Other securities (3)                                          60,140   +       78   +   15,312       59,799 
Securities lent to dealers                                      23,979   -      561   +   10,741       22,674 
  Overnight facility (4)                                        23,979   -      561   +   10,741       22,674 
    U.S. Treasury securities                                    23,963   -      561   +   10,773       22,659 
    Federal agency debt securities                                  16            0   -       32           15 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           






2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, September 14, 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                                           76           138             0             0             0           ...           215 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0        37,466       150,742     1,209,223       431,082       635,039     2,463,553 
  Weekly changes                                 0             0    -        2    -        8    -        8    -       29    -       46 
Federal agency debt securities (2)                                                                                                     
  Holdings                                   2,000         1,999        11,736         4,410             0         2,347        22,492 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0         1,410        10,704     1,751,359     1,763,473 
  Weekly changes                                 0             0             0    +        1             0    +   19,489    +   19,489 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)                 6             0             0             0             0             0             6 
                                                                                                                                       
Reverse repurchase agreements (4)          316,600             0           ...           ...           ...           ...       316,600 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Sep 14, 2016  

Mortgage-backed securities held outright (1)                                                                             1,763,473  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           30,747  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
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. Generally settle within 180 days and include commitments associated with            
    outright transactions, dollar rolls, and coupon swaps.                                              
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Sep 14, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,707  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                    0  



1.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued
    quarterly. This table reflects valuations as of June 30, 2016. Any assets purchased after this valuation
    date are initially recorded at cost until their estimated fair value as of the purchase date becomes
    available.                                                                                          
2.  Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's            
    statement of condition consistent with consolidation under generally accepted accounting principles. Refer
    to the note on consolidation accompanying table 6.                                                  
3.  Book value. The fair value of these obligations is included in other liabilities and capital in         
    table 1 and in other liabilities and accrued dividends in table 5 and table 6.                      


Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to
acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit
extended and to minimize disruption to financial markets. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Sep 14, 2016   Wednesday    Wednesday  
                                                        consolidation                 Sep 7, 2016 Sep 16, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,925   +        6   +       24  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,412,606   +   19,954   -    7,285  
    Securities held outright (1)                                          4,249,517   +   19,442   +    7,360  
      U.S. Treasury securities                                            2,463,553   -       46   +    1,609  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,341,647            0   -    4,993  
        Notes and bonds, inflation-indexed (2)                              104,553            0   +    6,019  
        Inflation compensation (3)                                           17,352   -       47   +      582  
      Federal agency debt securities (2)                                     22,492            0   -   12,601  
      Mortgage-backed securities (4)                                      1,763,473   +   19,489   +   18,354  
    Unamortized premiums on securities held outright  
    (5)                                                                     178,425   +      452   -   16,211  
    Unamortized discounts on securities held outright 
    (5)                                                                     -15,551   +       32   +    1,616  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       215   +       27   -       49  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,707            0   +        5  
  Items in process of collection                                   (0)          213   -        7   -       74  
  Bank premises                                                               2,204            0   -       31  
  Central bank liquidity swaps (8)                                                6   -      344   -      139  
  Foreign currency denominated assets (9)                                    21,444   -       19   +    1,351  
  Other assets (10)                                                          25,293   +    2,652   -       25  
                                                                                                               
Total assets                                                       (0)    4,481,635   +   22,241   -    6,174  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Sep 14, 2016   Wednesday    Wednesday  
                                                        consolidation                 Sep 7, 2016 Sep 16, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,424,422   -    3,016   +   84,701 
  Reverse repurchase agreements (11)                                         316,600   -    3,179   +   80,583 
  Deposits                                                          (0)    2,691,034   +   26,481   -  155,320 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,349,288   -   32,740   -  294,476 
    U.S. Treasury, General Account                                           252,691   +   14,539   +   72,701 
    Foreign official                                                           5,166   -        1   -      104 
    Other (12)                                                      (0)       83,889   +   44,684   +   66,560 
  Deferred availability cash items                                  (0)          761   +      111   +      405 
  Other liabilities and accrued dividends (13)                                 8,671   +    1,841   +    1,598 
                                                                                                               
Total liabilities                                                   (0)    4,441,488   +   22,239   +   11,967 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,147   +        2   +    1,003 
  Surplus                                                                     10,000            0   -   19,144 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,147   +        2   -   18,141 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Revalued daily at current foreign currency exchange rates.                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
13. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, September 14, 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                                             1,925          47          75          153         131         303         191         279          32          55         137         197         324
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,412,606     108,391   2,510,947      119,806     132,144     269,659     246,969     175,829      55,750      32,624      61,430     157,066     541,991
    Securities held outright (1)               4,249,517     104,390   2,418,261      115,384     127,266     259,704     237,842     169,322      53,632      31,330      59,142     151,260     521,985
      U.S. Treasury securities                 2,463,553      60,518   1,401,927       66,891      73,779     150,557     137,883      98,160      31,092      18,163      34,286      87,690     302,608
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,463,553      60,518   1,401,927       66,891      73,779     150,557     137,883      98,160      31,092      18,163      34,286      87,690     302,608
      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)           1,763,473      43,320   1,003,534       47,882      52,813     107,772      98,700      70,265      22,256      13,001      24,543      62,770     216,614
    Unamortized premiums on securities held 
      outright (5)                               178,425       4,383     101,536        4,845       5,344      10,904       9,986       7,109       2,252       1,315       2,483       6,351      21,917
    Unamortized discounts on securities     
      held outright (5)                          -15,551        -382      -8,850         -422        -466        -950        -870        -620        -196        -115        -216        -554      -1,910
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            215           0           0            0           0           1          11          17          62          94          21           8           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,707           0       1,707            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     213           0           0            0           0           0         212           0           0           1           0           0           0
  Bank premises                                    2,204         118         428           72         105         206         208         201         115          90         240         225         197
  Central bank liquidity swaps (8)                     6           0           2            0           0           1           0           0           0           0           0           0           1
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   21,444         948       7,077        1,180       1,633       4,782       1,190         575         220          92         214         272       3,262
  Other assets (10)                               25,293         653      13,842          687         756       1,737       1,430       1,020         520         207         400         938       3,104
  Interdistrict settlement account                     0  -   20,699  +      722   -    6,493  -    1,726  -   10,720  +    5,585  -    5,606  -       49  +      486  -    1,272  +   12,957  +   26,815
                                                                                                                                                                                                         
Total assets                                   4,481,635      90,010   2,540,206      115,975     133,867     267,139     257,980     173,474      57,098      33,838      61,598     172,811     577,638

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, September 14, 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            1,612,877      50,414     526,409      50,295      81,324     113,963     222,710     106,407      50,041      27,848      41,461     133,712     208,292
    Less: Notes held by F.R. Banks               188,455       6,296      54,586       6,531       9,521      13,801      29,117      12,593       5,427       3,171       5,451      15,703      26,258
      Federal Reserve notes, net               1,424,422      44,118     471,823      43,764      71,803     100,161     193,594      93,814      44,615      24,677      36,010     118,008     182,034
  Reverse repurchase agreements (11)             316,600       7,777     180,167       8,596       9,482      19,349      17,720      12,615       3,996       2,334       4,406      11,269      38,889
  Deposits                                     2,691,034      36,120   1,870,600      61,152      49,228     138,096      43,674      65,147       7,870       5,970      20,609      42,681     349,887
    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                           2,349,288      36,116   1,536,438      61,149      49,225     137,738      43,665      57,959       7,862       5,970      20,607      42,680     349,878
    U.S. Treasury, General Account               252,691           0     252,691           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,166           2       5,139           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    83,889           2      76,332           0           0         349           7       7,187           8           0           1           1           3
  Deferred availability cash items                   761           0           0           0           0           0         241           0           0         520           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,828          46       1,077          46          50          96         102          76          22          12          23          65         214
  Other liabilities and accrued             
     dividends                                     6,843         201       3,382         246         254         626         431         328         164         154         157         280         619
                                                                                                                                                                                                        
Total liabilities                              4,441,488      88,262   2,527,049     113,804     130,818     258,329     255,761     171,981      56,666      33,667      61,205     172,303     571,643
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,147       1,306       9,858       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                  4,481,635      90,010   2,540,206     115,975     133,867     267,139     257,980     173,474      57,098      33,838      61,598     172,811     577,638

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, September 14, 2016 (continued)


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.                                                                                                 
2.  Face value of the securities.                                                                                                                                                                           
3.  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.                               
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
9.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities. Also includes certain         
    deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.                                                   
13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after          
    providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $10 billion surplus.                                                                            
                                                                                                                                                                                                            


Note on consolidation:


On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to
acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the
remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual
returns and could have absorbed any residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the
assets and liabilities of FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was
eliminated, the net assets of ML appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only
to the ML portfolio holdings, were included in other liabilities in this table (and table 1 and table 5).

                                                                                 



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Sep 14, 2016  

Federal Reserve notes outstanding                                                            1,612,877  
  Less: Notes held by F.R. Banks not subject to collateralization                              188,455  
    Federal Reserve notes to be collateralized                                               1,424,422  
Collateral held against Federal Reserve notes                                                1,424,422  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,408,185  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,249,517  
  Less: Face value of securities under reverse repurchase agreements                           294,596  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,954,922  

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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