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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                                                   April 21, 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  Apr 20, 2016 
Federal Reserve Banks                                     Apr 20, 2016 Apr 13, 2016 Apr 22, 2015              

Reserve Bank credit                                         4,451,709   +    3,716   +    4,338    4,450,705  
  Securities held outright (1)                              4,248,800   +    3,234   +   19,762    4,248,103  
    U.S. Treasury securities                                2,461,382   +       23   +    1,504    2,461,390  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,342,235   +      337   -    4,474    2,342,292  
      Notes and bonds, inflation-indexed (2)                  103,186   -      315   +    4,718      103,134  
      Inflation compensation (3)                               15,960            0   +    1,259       15,965  
    Federal agency debt securities (2)                         28,331   -      926   -    7,564       27,096  
    Mortgage-backed securities (4)                          1,759,088   +    4,138   +   25,823    1,759,617  
  Unamortized premiums on securities held outright (5)        184,918   -      224   -   16,888      184,786  
  Unamortized discounts on securities held outright (5)       -16,296   +       34   +    1,566      -16,284  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                            49   +        8   +        3           64  
    Primary credit                                                  5   +        4   -        8            9  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                44   +        5   +       11           54  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,722            0   +       28        1,722  
  Float                                                          -231   -       77   +      224         -248  
  Central bank liquidity swaps (8)                                 33   -       12   +       33           33  
  Other Federal Reserve assets (9)                             32,714   +      753   -      389       32,530  
Foreign currency denominated assets (10)                       20,933   -      129   +    1,356       20,915  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             47,770   +       14   +    1,030       47,770  
                                                                                                              
Total factors supplying reserve funds                       4,536,653   +    3,602   +    6,724    4,535,631  

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  Apr 20, 2016 
Federal Reserve Banks                                     Apr 20, 2016 Apr 13, 2016 Apr 22, 2015              

Currency in circulation (11)                                 1,444,296   -      213   +   84,519    1,445,608 
Reverse repurchase agreements (12)                             268,999   +    6,618   +    8,831      268,513 
  Foreign official and international accounts                  240,526   +      486   +   84,473      236,542 
  Others                                                        28,472   +    6,130   -   75,643       31,971 
Treasury cash holdings                                             179   -       17   -       53          157 
Deposits with F.R. Banks, other than reserve balances          305,846   +   25,126   +  141,390      370,295 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               268,785   +   29,150   +  118,757      337,540 
  Foreign official                                               5,176            0   -       62        5,173 
  Other (13)                                                    31,886   -    4,022   +   22,697       27,582 
Other liabilities and capital (14)                              47,083   -    1,332   -   19,166       46,393 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,066,403   +   30,182   +  215,522    2,130,966 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,470,250   -   26,580   -  208,797    2,404,665 

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.                        
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  Apr 20, 2016 
                                                          Apr 20, 2016 Apr 13, 2016 Apr 22, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,241,979   -    1,445   -   46,660    3,235,045 
  Marketable U.S. Treasury securities (1)                    2,928,597   -      227   -   35,441    2,923,156 
  Federal agency debt and mortgage-backed securities (2)       265,498   -    1,165   -   15,273      263,377 
  Other securities (3)                                          47,884   -       53   +    4,054       48,512 
Securities lent to dealers                                      17,282   -    1,194   +    7,690       17,802 
  Overnight facility (4)                                        17,282   -    1,194   +    7,690       17,802 
    U.S. Treasury securities                                    17,221   -    1,211   +    7,938       17,737 
    Federal agency debt securities                                  61   +       17   -      249           65 

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, April 20, 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                                           59             4             0             0             0           ...            64 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                  27,371        56,443       114,430     1,156,458       474,318       632,370     2,461,390 
  Weekly changes                        +   26,977    -   23,764    -    3,157    -      276    +      144    +       99    +       22 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         4,604        10,663         9,482             0         2,347        27,096 
  Weekly changes                        -    2,161    +    2,604    -    1,104    -    1,500             0             0    -    2,161 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           879         9,098     1,749,640     1,759,617 
  Weekly changes                                 0             0             0    +       21    +      346    -    6,873    -    6,506 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)                33             0             0             0             0             0            33 
                                                                                                                                       
Reverse repurchase agreements (4)          268,513             0           ...           ...           ...           ...       268,513 
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   
                                                                                                                      Apr 20, 2016  

Mortgage-backed securities held outright (1)                                                                             1,759,617  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           17,326  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    2  



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   
                                                                                                                      Apr 20, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,722  
                                                                                                                                    
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 December 31, 2015. 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       Apr 20, 2016   Wednesday    Wednesday  
                                                        consolidation                Apr 13, 2016 Apr 22, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,877   +        3   +       68  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,416,669   -    9,158   -      203  
    Securities held outright (1)                                          4,248,103   -    8,645   +   15,218  
      U.S. Treasury securities                                            2,461,390   +       22   +    1,470  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,342,292   +      394   -    4,417  
        Notes and bonds, inflation-indexed (2)                              103,134   -      367   +    4,666  
        Inflation compensation (3)                                           15,965   -        4   +    1,222  
      Federal agency debt securities (2)                                     27,096   -    2,161   -    8,799  
      Mortgage-backed securities (4)                                      1,759,617   -    6,506   +   22,547  
    Unamortized premiums on securities held outright  
    (5)                                                                     184,786   -      571   -   16,989  
    Unamortized discounts on securities held outright 
    (5)                                                                     -16,284   +       34   +    1,566  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                        64   +       23   +        3  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,722            0   +       28  
  Items in process of collection                                   (0)          148   -       21   +       68  
  Bank premises                                                               2,222            0   -       23  
  Central bank liquidity swaps (8)                                               33   -       12   +       33  
  Foreign currency denominated assets (9)                                    20,915   +       31   +    1,415  
  Other assets (10)                                                          30,308   -      441   -      951  
                                                                                                               
Total assets                                                       (0)    4,490,131   -    9,598   +      436  

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       Apr 20, 2016   Wednesday    Wednesday  
                                                        consolidation                Apr 13, 2016 Apr 22, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,399,868   +      591   +   84,830 
  Reverse repurchase agreements (11)                                         268,513   +    9,977   -    6,877 
  Deposits                                                          (0)    2,774,960   -   17,604   -   57,379 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,404,665   -  105,180   -  212,715 
    U.S. Treasury, General Account                                           337,540   +   99,612   +  136,467 
    Foreign official                                                           5,173   -       24   -       58 
    Other (12)                                                      (0)       27,582   -   12,012   +   18,926 
  Deferred availability cash items                                  (0)          397   -        8   -      157 
  Other liabilities and accrued dividends (13)                                 6,359   -    2,531   -    2,314 
                                                                                                               
Total liabilities                                                   (0)    4,450,097   -    9,575   +   18,104 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,034   -       23   +    1,183 
  Surplus                                                                     10,000            0   -   18,851 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,034   -       23   -   17,668 

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.                        
13. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, April 20, 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                                             1,877          52          81          130         136         296         178         279          24          58         150         185         307
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,416,669     108,497   2,513,345      119,921     132,271     269,916     247,197     175,996      55,760      32,572      61,478     157,208     542,509
    Securities held outright (1)               4,248,103     104,356   2,417,456      115,345     127,224     259,617     237,763     169,265      53,614      31,319      59,122     151,210     521,811
      U.S. Treasury securities                 2,461,390      60,465   1,400,696       66,832      73,714     150,425     137,762      98,074      31,065      18,147      34,256      87,613     302,342
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,390      60,465   1,400,696       66,832      73,714     150,425     137,762      98,074      31,065      18,147      34,256      87,613     302,342
      Federal agency debt securities (2)          27,096         666      15,419          736         811       1,656       1,517       1,080         342         200         377         964       3,328
      Mortgage-backed securities (4)           1,759,617      43,225   1,001,340       47,777      52,698     107,537      98,484      70,112      22,208      12,973      24,489      62,633     216,141
    Unamortized premiums on securities held 
      outright (5)                               184,786       4,539     105,156        5,017       5,534      11,293      10,342       7,363       2,332       1,362       2,572       6,577      22,698
    Unamortized discounts on securities     
      held outright (5)                          -16,284        -400      -9,267         -442        -488        -995        -911        -649        -206        -120        -227        -580      -2,000
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                             64           2           0            0           1           1           3          17          19          10          11           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,722           0       1,722            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     148           0           0            0           0           0         147           0           0           1           0           0           0
  Bank premises                                    2,222         122         432           74         105         209         206         202         116          91         241         226         198
  Central bank liquidity swaps (8)                    33           1          11            2           3           7           2           1           0           0           0           0           5
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   20,915         924       6,903        1,151       1,593       4,664       1,161         561         215          89         209         265       3,181
  Other assets (10)                               30,308         785      16,745          831         912       2,030       1,709       1,215         465         246         472       1,158       3,739
  Interdistrict settlement account                     0  -   27,791  +   50,037   -       24  -   14,617  -   23,911  +    7,793  +    6,312  +      735  -      354  -    2,398  +    8,788  -    4,570
                                                                                                                                                                                                         
Total assets                                   4,490,131      83,142   2,594,681      122,653     121,226     254,384     260,588     185,743      57,826      32,986      60,601     168,987     547,314

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, April 20, 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            1,569,663      49,094     499,752      49,427      81,936     108,460     222,825     105,477      50,797      27,121      39,974     130,317     204,483
    Less: Notes held by F.R. Banks               169,795       5,198      57,965       5,652       8,871      11,839      22,797      10,080       4,822       2,397       4,881      12,724      22,568
      Federal Reserve notes, net               1,399,868      43,896     441,787      43,776      73,065      96,620     200,028      95,397      45,975      24,724      35,092     117,593     181,915
  Reverse repurchase agreements (11)             268,513       6,596     152,802       7,291       8,042      16,410      15,028      10,699       3,389       1,980       3,737       9,558      32,983
  Deposits                                     2,774,960      30,711   1,983,864      69,199      36,860     131,950      42,822      77,853       7,896       5,662      21,236      41,064     325,843
    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                           2,404,665      30,708   1,620,941      69,196      36,857     131,685      42,813      70,784       7,888       5,662      21,235      41,063     325,832
    U.S. Treasury, General Account               337,540           0     337,540           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,173           2       5,146           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    27,582           2      20,236           0           0         256           7       7,068           8           0           1           0           5
  Deferred availability cash items                   397           0           0           0           0           0          88           0           0         308           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,494          41         848          39          47          88          92          56          19          10          20          56         179
  Other liabilities and accrued             
     dividends                                     4,864         151       2,258         195         198         511         322         253         131         133         120         207         385
                                                                                                                                                                                                        
Total liabilities                              4,450,097      81,395   2,581,560     120,499     118,212     245,580     258,380     184,258      57,410      32,816      60,205     168,477     541,305
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,034       1,305       9,822       1,604       2,252       6,573       1,652       1,218         313         128         296         383       4,488
  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                  4,490,131      83,142   2,594,681     122,653     121,226     254,384     260,588     185,743      57,826      32,986      60,601     168,987     547,314

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, April 20, 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.                               
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   
                                                                                          Apr 20, 2016  

Federal Reserve notes outstanding                                                            1,569,663  
  Less: Notes held by F.R. Banks not subject to collateralization                              169,795  
    Federal Reserve notes to be collateralized                                               1,399,868  
Collateral held against Federal Reserve notes                                                1,399,868  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,383,632  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,248,103  
  Less: Face value of securities under reverse repurchase agreements                           251,652  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,996,451  

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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