---

`FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                  August 18, 2016


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Aug 17, 2016 
Federal Reserve Banks                                     Aug 17, 2016 Aug 10, 2016 Aug 19, 2015              

Reserve Bank credit                                         4,438,247   +   10,366   -   22,332    4,426,161  
  Securities held outright (1)                              4,242,042   +   15,523   -    4,847    4,239,293  
    U.S. Treasury securities                                2,463,070   +      148   +    1,318    2,463,447  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,342,262   +       58   -    4,379    2,342,604  
      Notes and bonds, inflation-indexed (2)                  103,596            0   +    5,062      103,596  
      Inflation compensation (3)                               17,213   +       91   +      636       17,247  
    Federal agency debt securities (2)                         22,492            0   -   12,601       22,492  
    Mortgage-backed securities (4)                          1,756,479   +   15,375   +    6,434    1,753,354  
  Unamortized premiums on securities held outright (5)        179,322   +      319   -   16,925      179,130  
  Unamortized discounts on securities held outright (5)       -15,683   +       28   +    1,634      -15,677  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           208   +       16   -       50          212  
    Primary credit                                                  3   -        2   -       32            3  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               205   +       18   -       19          208  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,707   +        2   +        5        1,707  
  Float                                                          -398   -       61   -      445         -301  
  Central bank liquidity swaps (8)                                105   -      470   -       27          105  
  Other Federal Reserve assets (9)                             30,944   -    4,991   -    1,676       21,692  
Foreign currency denominated assets (10)                       21,504   +      185   +    1,873       21,627  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             48,025   +       14   +      850       48,025  
                                                                                                              
Total factors supplying reserve funds                       4,524,017   +   10,565   -   19,610    4,512,054  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Aug 17, 2016 
Federal Reserve Banks                                     Aug 17, 2016 Aug 10, 2016 Aug 19, 2015              

Currency in circulation (11)                                 1,464,201   -      432   +   88,412    1,464,578 
Reverse repurchase agreements (12)                             303,344   -      194   +   66,137      323,693 
  Foreign official and international accounts                  245,249   +    2,661   +   80,867      242,356 
  Others                                                        58,095   -    2,855   -   14,730       81,337 
Treasury cash holdings                                             113   +        7   -       38          121 
Deposits with F.R. Banks, other than reserve balances          379,338   +   77,588   +   44,779      340,768 
  Term deposits held by depository institutions                 58,594   +   58,594   -   64,668       58,594 
  U.S. Treasury, General Account                               260,810   +      978   +   82,927      241,426 
  Foreign official                                               5,188   -       16   -       59        5,265 
  Other (13)                                                    54,745   +   18,032   +   26,578       35,483 
Other liabilities and capital (14)                              48,478   +      279   -   18,875       47,022 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,195,473   +   77,247   +  180,414    2,176,181 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,328,544   -   66,682   -  200,024    2,335,873 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
14. Includes the liability for earnings remittances due to the U.S. Treasury.                               
                                                                                                            



Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Aug 17, 2016 
                                                          Aug 17, 2016 Aug 10, 2016 Aug 19, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,203,373   +    2,893   -  153,492    3,207,743 
  Marketable U.S. Treasury securities (1)                    2,877,377   +      256   -  139,404    2,881,501 
  Federal agency debt and mortgage-backed securities (2)       266,805   +    1,937   -   28,929      266,846 
  Other securities (3)                                          59,191   +      700   +   14,841       59,396 
Securities lent to dealers                                      21,517   -      728   +    9,596       23,710 
  Overnight facility (4)                                        21,517   -      728   +    9,596       23,710 
    U.S. Treasury securities                                    21,507   -      725   +    9,646       23,710 
    Federal agency debt securities                                  10   -        3   -       50            0 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           






2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, August 17, 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                                          197            14             0             0             0           ...           212 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                   6,976        26,929       158,078     1,207,329       429,152       634,983     2,463,447 
  Weekly changes                        +      625    +    6,597    +    5,085    +   16,695    -   25,137    -    3,374    +      491 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         3,999        10,396         5,750             0         2,347        22,492 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0         1,217        10,972     1,741,165     1,753,354 
  Weekly changes                                 0             0             0    +       19    +      983    +   11,243    +   12,245 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               105             0             0             0             0             0           105 
                                                                                                                                       
Reverse repurchase agreements (4)          323,693             0           ...           ...           ...           ...       323,693 
Term deposits                               58,594             0             0           ...           ...           ...        58,594 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Aug 17, 2016  

Mortgage-backed securities held outright (1)                                                                             1,753,354  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           34,654  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   25  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
2.  Current face value. Generally settle within 180 days and include commitments associated with            
    outright transactions, dollar rolls, and coupon swaps.                                              
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Aug 17, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,707  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                    0  



1.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued
    quarterly. This table reflects valuations as of June 30, 2016. Any assets purchased after this valuation
    date are initially recorded at cost until their estimated fair value as of the purchase date becomes
    available.                                                                                          
2.  Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's            
    statement of condition consistent with consolidation under generally accepted accounting principles. Refer
    to the note on consolidation accompanying table 6.                                                  
3.  Book value. The fair value of these obligations is included in other liabilities and capital in         
    table 1 and in other liabilities and accrued dividends in table 5 and table 6.                      


Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to
acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit
extended and to minimize disruption to financial markets. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Aug 17, 2016   Wednesday    Wednesday  
                                                        consolidation                Aug 10, 2016 Aug 19, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,930   +       18   +       31  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,402,957   +   13,014   -   21,059  
    Securities held outright (1)                                          4,239,293   +   12,737   -    5,660  
      U.S. Treasury securities                                            2,463,447   +      491   +    1,662  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,342,604   +      400   -    4,037  
        Notes and bonds, inflation-indexed (2)                              103,596            0   +    5,062  
        Inflation compensation (3)                                           17,247   +       91   +      637  
      Federal agency debt securities (2)                                     22,492            0   -   12,601  
      Mortgage-backed securities (4)                                      1,753,354   +   12,245   +    5,279  
    Unamortized premiums on securities held outright  
    (5)                                                                     179,130   +      245   -   16,916  
    Unamortized discounts on securities held outright 
    (5)                                                                     -15,677   +       22   +    1,628  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       212   +       12   -      110  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,707            0   +        6  
  Items in process of collection                                   (0)          221   -        4   -       93  
  Bank premises                                                               2,211   +        1   -       25  
  Central bank liquidity swaps (8)                                              105   -      470   -       27  
  Foreign currency denominated assets (9)                                    21,627   +      195   +    2,019  
  Other assets (10)                                                          19,481   -   15,208   -    1,584  
                                                                                                               
Total assets                                                       (0)    4,466,476   -    2,453   -   20,732  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Aug 17, 2016   Wednesday    Wednesday  
                                                        consolidation                Aug 10, 2016 Aug 19, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,418,599   -      777   +   87,197 
  Reverse repurchase agreements (11)                                         323,693   +    2,622   +   75,799 
  Deposits                                                          (0)    2,676,641   -    4,210   -  166,015 
    Term deposits held by depository institutions                             58,594   +   58,594   -   64,668 
    Other deposits held by depository institutions                         2,335,873   -   46,907   -  217,714 
    U.S. Treasury, General Account                                           241,426   -   10,669   +   99,350 
    Foreign official                                                           5,265   +       69   +       20 
    Other (12)                                                      (0)       35,483   -    5,297   +   16,997 
  Deferred availability cash items                                  (0)          522   -        7   +      238 
  Other liabilities and accrued dividends (13)                                 6,882   -      100   +      121 
                                                                                                               
Total liabilities                                                   (0)    4,426,337   -    2,472   -    2,661 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,139   +       19   +    1,034 
  Surplus                                                                     10,000            0   -   19,105 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,139   +       19   -   18,071 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Revalued daily at current foreign currency exchange rates.                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
13. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, August 17, 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                                             1,930          42          74          153         139         299         196         280          32          57         135         194         328
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,402,957     108,156   2,505,458      119,544     131,855     269,068     246,423     175,454      55,633      32,551      61,288     156,721     540,806
    Securities held outright (1)               4,239,293     104,139   2,412,442      115,106     126,960     259,079     237,270     168,914      53,503      31,254      59,000     150,897     520,729
      U.S. Treasury securities                 2,463,447      60,515   1,401,866       66,888      73,776     150,550     137,877      98,156      31,091      18,162      34,285      87,686     302,595
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,463,447      60,515   1,401,866       66,888      73,776     150,550     137,877      98,156      31,091      18,162      34,285      87,686     302,595
      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)           1,753,354      43,072     997,776       47,607      52,510     107,154      98,134      69,862      22,129      12,927      24,402      62,410     215,371
    Unamortized premiums on securities held 
      outright (5)                               179,130       4,400     101,937        4,864       5,365      10,947      10,026       7,137       2,261       1,321       2,493       6,376      22,003
    Unamortized discounts on securities     
      held outright (5)                          -15,677        -385      -8,921         -426        -469        -958        -877        -625        -198        -116        -218        -558      -1,926
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            212           1           0            0           0           0           5          27          67          91          13           6           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                     221           0           0            0           0           0         220           0           0           0           0           0           0
  Bank premises                                    2,211         119         430           73         105         207         208         201         115          90         240         225         197
  Central bank liquidity swaps (8)                   105           5          35            6           8          23           6           3           1           0           1           1          16
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   21,627         956       7,138        1,190       1,647       4,823       1,201         580         222          92         216         274       3,290
  Other assets (10)                               19,481         520      10,579          535         589       1,370       1,096         789         339         171         330         763       2,401
  Interdistrict settlement account                     0  -   17,783  -   20,772   -   16,406  -      800  -   18,210  +    6,577  -      945  +    1,205  +       91  -    1,199  +   14,865  +   53,376
                                                                                                                                                                                                         
Total assets                                   4,466,476      92,566   2,510,054      105,663     134,367     258,753     258,122     177,539      58,057      33,337      61,459     174,200     602,360

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, August 17, 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            1,608,855      49,941     525,694      50,191      81,836     113,083     221,456     105,582      50,217      27,690      41,219     133,524     208,422
    Less: Notes held by F.R. Banks               190,255       6,161      59,445       6,336       9,153      13,869      28,555      12,095       5,257       2,887       5,280      15,620      25,597
      Federal Reserve notes, net               1,418,599      43,780     466,248      43,855      72,682      99,214     192,901      93,488      44,960      24,803      35,939     117,904     182,826
  Reverse repurchase agreements (11)             323,693       7,952     184,203       8,789       9,694      19,782      18,117      12,897       4,085       2,386       4,505      11,522      39,760
  Deposits                                     2,676,641      38,884   1,843,020      50,605      48,688     130,331      44,204      69,330       8,422       5,550      20,474      43,984     373,150
    Term deposits held by depository        
        institutions                              58,594          50      24,815      16,500         501           1           0       5,615           0           0       2,572          40       8,500
    Other deposits held by depository       
        institutions                           2,335,873      38,830   1,543,849      34,103      48,184     130,059      44,195      56,206       8,413       5,550      17,900      43,942     364,641
    U.S. Treasury, General Account               241,426           0     241,426           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,265           2       5,238           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    35,483           2      27,692           0           0         262           7       7,508           8           0           1           1           3
  Deferred availability cash items                   522           0           0           0           0           0         244           0           0         277           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,784          44       1,022          48          53         105         105          71          22          12          22          65         214
  Other liabilities and accrued             
     dividends                                     5,099         158       2,407         196         200         511         334         259         137         137         127         217         415
                                                                                                                                                                                                        
Total liabilities                              4,426,337      90,818   2,496,900     103,493     131,318     249,943     255,905     176,046      57,626      33,166      61,066     173,692     596,365
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,139       1,306       9,855       1,620       2,287       6,579       1,662       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                  4,466,476      92,566   2,510,054     105,663     134,367     258,753     258,122     177,539      58,057      33,337      61,459     174,200     602,360

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, August 17, 2016 (continued)


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.                                                                                                 
2.  Face value of the securities.                                                                                                                                                                           
3.  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.                               
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
9.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities. Also includes certain         
    deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.                                                   
13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after          
    providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $10 billion surplus.                                                                            
                                                                                                                                                                                                            


Note on consolidation:


On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to
acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the
remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual
returns and could have absorbed any residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the
assets and liabilities of FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was
eliminated, the net assets of ML appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only
to the ML portfolio holdings, were included in other liabilities in this table (and table 1 and table 5).

                                                                                 



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Aug 17, 2016  

Federal Reserve notes outstanding                                                            1,608,855  
  Less: Notes held by F.R. Banks not subject to collateralization                              190,255  
    Federal Reserve notes to be collateralized                                               1,418,599  
Collateral held against Federal Reserve notes                                                1,418,599  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,402,362  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,239,293  
  Less: Face value of securities under reverse repurchase agreements                           302,136  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,937,157  

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

---

Home Economic research and data  Accessibility Contact Us  Last update:  August 18, 2016