---

`FEDERAL RESERVE statistical release

For Release at
4:30 P.M. EDT
June 12, 2014

Table 10 line items “Less: Face value of securities under reverse repurchase agreements” and “U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged” have been corrected to include securities pledged as collateral for tri-party reverse repurchase agreements. 
The revised data are reported at the following link: http://www.federalreserve.gov/releases/h41/2014update.htm.
Historical data incorporating this correction can be accessed through the Data Download Program (DDP) at http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41. 

FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                November 29, 2013


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  Nov 27, 2013 
Federal Reserve Banks                                     Nov 27, 2013 Nov 20, 2013 Nov 28, 2012              

Reserve Bank credit                                         3,882,202   +   25,004   +1,067,873    3,883,130  
  Securities held outright (1)                              3,660,584   +   25,702   +1,042,996    3,661,892  
    U.S. Treasury securities                                2,158,465   +   14,922   +  513,707    2,163,666  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,054,754   +   14,892   +  494,158    2,059,942  
      Notes and bonds, inflation-indexed (2)                   89,979            0   +   16,635       89,979  
      Inflation compensation (3)                               13,731   +       28   +    2,913       13,745  
    Federal agency debt securities (2)                         58,372   -      101   -   20,911       58,372  
    Mortgage-backed securities (4)                          1,443,747   +   10,882   +  550,200    1,439,854  
  Unamortized premiums on securities held outright (5)        207,849   +      644   +   43,712      207,686  
  Unamortized discounts on securities held outright (5)        -9,989   -      510   -    8,442      -10,214  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           177   +        8   -      798          172  
    Primary credit                                                 12   +       10   +        1           12  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                67            0   +       43           62  
    Term Asset-Backed Securities Loan Facility (7)                 98   -        2   -      842           98  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,517            0   +       80        1,517  
  Net portfolio holdings of Maiden Lane II LLC (9)                 63   -        1   +        2           63  
  Net portfolio holdings of Maiden Lane III LLC (10)               22            0            0           22  
  Net portfolio holdings of TALF LLC (11)                         110            0   -      746          110  
  Float                                                          -576   +      112   +      154         -650  
  Central bank liquidity swaps (12)                               272   -        1   -   11,945          272  
  Other Federal Reserve assets (13)                            22,173   -      952   +    2,860       22,260  
Foreign currency denominated assets (14)                       23,873   -       71   -    1,396       23,844  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (15)                             45,446   +       14   +      715       45,446  
                                                                                                              
Total factors supplying reserve funds                       3,967,763   +   24,947   +1,067,193    3,968,662  

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  Nov 27, 2013 
Federal Reserve Banks                                     Nov 27, 2013 Nov 20, 2013 Nov 28, 2012              

Currency in circulation (15)                                 1,222,152   +    1,942   +   68,934    1,227,294 
Reverse repurchase agreements (16)                             104,160   -      574   +    8,449      107,739 
  Foreign official and international accounts                  100,068   -    2,397   +    4,357      102,018 
  Others                                                         4,092   +    1,822   +    4,092        5,721 
Treasury cash holdings                                             215   +        7   +       74          224 
Deposits with F.R. Banks, other than reserve balances          110,179   +   30,441   +   12,054       81,517 
  Term deposits held by depository institutions                 13,532   +   13,532   +   10,489       13,532 
  U.S. Treasury, General Account                                53,744   +    4,298   +   25,840       45,433 
  Foreign official                                               8,736   +        3   +    2,216        8,740 
  Other                                                         34,167   +   12,608   -   26,491       13,813 
Other liabilities and capital (17)                              64,272   -      103   -    3,308       63,501 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,500,978   +   31,714   +   86,203    1,480,275 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,466,785   -    6,767   +  980,990    2,488,387 

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.  Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the      
    Term Asset-Backed Securities Loan Facility.                                                         
8.  Refer to table 4 and the note on consolidation accompanying table 9.                                    
9.  Refer to table 5 and the note on consolidation accompanying table 9.                                    
10. Refer to table 6 and the note on consolidation accompanying table 9.                                    
11. Refer to table 7 and the note on consolidation accompanying table 9.                                    
12. 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.     
13. 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.                                                                                       
14. Revalued daily at current foreign currency exchange rates.                                              
15. Estimated.                                                                                              
16. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
17. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC      
    to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
    only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on      
    consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
    to U.S. Treasury. Refer to table 8 and table 9.                                                     


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  Nov 27, 2013 
                                                          Nov 27, 2013 Nov 20, 2013 Nov 28, 2012              

Securities held in custody for foreign official and       
     international accounts                                  3,349,319   +   15,008   +  151,266    3,351,355 
  Marketable U.S. Treasury securities (1)                    2,986,607   +   11,954   +  142,557    2,989,566 
  Federal agency debt and mortgage-backed securities (2)       319,627   +    2,794   +    1,667      319,042 
  Other securities (3)                                          43,085   +      259   +    7,042       42,747 
Securities lent to dealers                                      12,091   +    1,118   +    4,778       15,514 
  Overnight facility (4)                                        12,091   +    1,118   +    4,778       15,514 
    U.S. Treasury securities                                    10,956   +    1,091   +    4,222       14,317 
    Federal agency debt securities                               1,135   +       27   +      555        1,197 

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, 8, and 9.     
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, November 27, 2013   

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 (1)                                       67             7            63            35             0           ...           172 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                       1             3           472       726,355       871,174       565,661     2,163,666 
  Weekly changes                                 0             0             0    +    4,815    +    3,176    +    4,717    +   12,709 
Federal agency debt securities (3)                                                                                                     
  Holdings                                   1,151         5,810        12,734        36,268            62         2,347        58,372 
  Weekly changes                        +    1,151    -    1,151             0             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0             0             3         2,552     1,437,299     1,439,854 
  Weekly changes                                 0             0    -        1             0    -       35    +    6,004    +    5,968 
Asset-backed securities held by      
  TALF LLC (5)                                   0             0             0             0             0             0             0 
Repurchase agreements (6)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (7)                28           244             0             0             0             0           272 
                                                                                                                                       
Reverse repurchase agreements (6)          107,739             0           ...           ...           ...           ...       107,739 
Term deposits                                    0        13,532             0           ...           ...           ...        13,532 

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


1.  Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden         
    Lane II LLC, Maiden Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's
    statement of condition consistent with consolidation under generally accepted accounting principles.
2.  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.             
3.  Face value.                                                                                             
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of     
    the underlying assets.                                                                              
6.  Cash value of agreements.                                                                               
7.  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   
                                                                                                                      Nov 27, 2013  

Mortgage-backed securities held outright (1)                                                                             1,439,854  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           66,172  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   17  



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 8       
    and table 9.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Nov 27, 2013  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,517  
                                                                                                                                    
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 September 30, 2013. 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 9.                                                  
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 8 and table 9.                      


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. Payments by Maiden Lane LLC from the proceeds of
the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to
the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan
Chase & Co. Any remaining funds will be paid to the FRBNY.

                                              

5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Nov 27, 2013  

Net portfolio holdings of Maiden Lane II LLC (1)                                                                                63  
                                                                                                                                    
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  
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (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 September 30, 2013. 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 9.                                                  
3.  Book value. The deferred payment represents the portion of the proceeds of the net portfolio            
    holdings due to subsidiaries of American International Group, Inc. in accordance with the asset purchase
    agreement. The fair value of this payment and accrued interest payable are included in other        
    liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.


Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden
Lane II LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was
formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment
portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC
from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of
Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment and interest due
to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.                  





6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Nov 27, 2013  

Net portfolio holdings of Maiden Lane III LLC (1)                                                                               22  
                                                                                                                                    
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 American International Group, Inc. (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 September 30, 2013. 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 9.                                                  
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 8 and table 9.                      


Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden
Lane III LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was
formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group
of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection
with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments
by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following order:
operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due
to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

               

7. Information on Principal Accounts of TALF LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Nov 27, 2013  

Asset-backed securities holdings (1)                                                                                             0  
Other investments, net                                                                                                         110  
Net portfolio holdings of TALF LLC                                                                                             110  
                                                                                                                                    
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  
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (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.         
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 9.                                                  
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 8 and table 9.                      


Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities
Loan Facility (TALF) under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility
under which the Federal Reserve Bank of New York (FRBNY) extended loans with a term of up to five years to
holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010.
The loans provided through the TALF to eligible borrowers are non-recourse, meaning that the obligation of the
borrower can be discharged by surrendering the collateral to the FRBNY.                                     

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received
by the FRBNY in connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed,
for a fee, to purchase all asset-backed securities received by the FRBNY in conjunction with a TALF loan at a
price equal to the TALF loan plus accrued but unpaid interest. Prior to January 15, 2013, the U.S. Treasury's
Troubled Asset Relief Program (TARP) committed backup funding to TALF LLC, providing credit protection to the
FRBNY. However, the accumulated fees and income collected through the TALF and held by TALF LLC now exceed the
remaining amount of TALF loans outstanding. Accordingly, the TARP credit protection commitment has been
terminated, and TALF LLC has begun to distribute excess proceeds to the Treasury and the FRBNY. Any remaining funds
will be shared by the FRBNY and the U.S. Treasury.                                                          




8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Nov 27, 2013   Wednesday    Wednesday  
                                                        consolidation                Nov 20, 2013 Nov 28, 2012 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,926   -       35   -      171  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     3,859,536   +   18,510   +1,085,616  
    Securities held outright (1)                                          3,661,892   +   18,677   +1,052,425  
      U.S. Treasury securities                                            2,163,666   +   12,709   +  517,021  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,059,942   +   12,677   +  497,490  
        Notes and bonds, inflation-indexed (2)                               89,979            0   +   16,635  
        Inflation compensation (3)                                           13,745   +       32   +    2,895  
      Federal agency debt securities (2)                                     58,372            0   -   20,911  
      Mortgage-backed securities (4)                                      1,439,854   +    5,968   +  556,315  
    Unamortized premiums on securities held outright  
    (5)                                                                     207,686   +      274   +   42,717  
    Unamortized discounts on securities held outright 
    (5)                                                                     -10,214   -      448   -    8,679  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       172   +        6   -      846  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,517            0   +       83  
  Net portfolio holdings of Maiden Lane II LLC (8)                               63            0   +        2  
  Net portfolio holdings of Maiden Lane III LLC (9)                              22            0            0  
  Net portfolio holdings of TALF LLC (10)                                       110            0   -      746  
  Items in process of collection                                   (0)           89   +        3   -       36  
  Bank premises                                                               2,294   +        6   -       50  
  Central bank liquidity swaps (11)                                             272   -        1   -   11,940  
  Foreign currency denominated assets (12)                                   23,844   -       69   -    1,469  
  Other assets (13)                                                          19,966   +      842   +    3,224  
                                                                                                               
Total assets                                                       (0)    3,925,876   +   19,256   +1,074,514  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Nov 27, 2013   Wednesday    Wednesday  
                                                        consolidation                Nov 20, 2013 Nov 28, 2012 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,183,993   +    7,051   +   73,539 
  Reverse repurchase agreements (14)                                         107,739   +    1,266   +   14,509 
  Deposits                                                          (0)    2,569,904   +   10,648   +  989,011 
    Term deposits held by depository institutions                             13,532   +   13,532   +   10,489 
    Other deposits held by depository institutions                         2,488,387   +   18,207   +  948,872 
    U.S. Treasury, General Account                                            45,433   -    2,438   +   29,330 
    Foreign official                                                           8,740   +        5   +    2,258 
    Other                                                           (0)       13,813   -   18,657   -    1,937 
  Deferred availability cash items                                  (0)          739   +       63   -      106 
  Other liabilities and accrued dividends (15)                                 8,537   +      162   -    2,222 
                                                                                                               
Total liabilities                                                   (0)    3,870,912   +   19,191   +1,074,730 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             27,482   +       32   -      108 
  Surplus                                                                     27,482   +       32   -      108 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 54,964   +       65   -      216 

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 9.                                    
8.  Refer to table 5 and the note on consolidation accompanying table 9.                                    
9.  Refer to table 6 and the note on consolidation accompanying table 9.                                    
10. Refer to table 7 and the note on consolidation accompanying table 9.                                    
11. 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.     
12. Revalued daily at current foreign currency exchange rates.                                              
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC      
    to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
    only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on      
    consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
    to U.S. Treasury.                                                                                   

 



9. Statement of Condition of Each Federal Reserve Bank, November 27, 2013
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         391       3,925          397         512         856       1,421         792         310         190         309         728       1,206
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,926          33          83          125         128         331         221         278          26          46         143         173         339
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 3,859,536     100,929   2,140,274      111,824      98,564     239,978     256,378     208,561      62,105      36,637      73,031     149,874     381,382
    Securities held outright (1)               3,661,892      95,755   2,030,669      106,101      93,521     227,699     243,255     197,876      58,921      34,748      69,279     142,200     361,868
      U.S. Treasury securities                 2,163,666      56,578   1,199,842       62,691      55,258     134,539     143,729     116,917      34,814      20,531      40,934      84,020     213,813
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,163,666      56,578   1,199,842       62,691      55,258     134,539     143,729     116,917      34,814      20,531      40,934      84,020     213,813
      Federal agency debt securities (2)          58,372       1,526      32,370        1,691       1,491       3,630       3,878       3,154         939         554       1,104       2,267       5,768
      Mortgage-backed securities (4)           1,439,854      37,651     798,458       41,719      36,772      89,531      95,648      77,805      23,168      13,663      27,240      55,913     142,286
    Unamortized premiums on securities held 
      outright (5)                               207,686       5,431     115,170        6,018       5,304      12,914      13,796      11,223       3,342       1,971       3,929       8,065      20,523
    Unamortized discounts on securities     
      held outright (5)                          -10,214        -267      -5,664         -296        -261        -635        -678        -552        -164         -97        -193        -397      -1,009
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            172          10          98            2           0           0           5          14           7          15          16           5           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,517           0       1,517            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (8)                                  63           0          63            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (9)                                 22           0          22            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)            110           0         110            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      89           0           0            0           0           0          89           0           0           0           0           0           0
  Bank premises                                    2,294         122         435           73         111         228         211         203         127         100         247         232         205
  Central bank liquidity swaps (11)                  272          13          87           21          21          57          15           8           2           1           3           4          39
  Foreign currency denominated assets (12)        23,844       1,171       7,628        1,844       1,859       5,006       1,358         680         199         100         241         378       3,381
  Other assets (13)                               19,966         550      10,539          705         513       1,432       1,326       1,070         370         248         393         883       1,938
  Interdistrict settlement account                     0  -   32,542  +  238,833   -   17,093  -    7,440  -   35,438  -   52,539  -   54,578  -   18,789  -   15,093  -   26,034  -   37,552  +   58,266
                                                                                                                                                                                                         
Total assets                                   3,925,876      70,863   2,405,333       98,105      94,506     212,862     209,134     157,438      44,501      22,319      48,485     115,002     447,329

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, November 27, 2013 (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            1,424,493      46,035     523,230      43,005      59,839     108,212     173,158      91,327      35,794      22,377      37,362     118,102     166,052
    Less: Notes held by F.R. Banks               240,501      10,816      57,629       7,078       6,686      10,492      21,690      18,345       3,446       9,805      11,084      52,919      30,510
      Federal Reserve notes, net               1,183,993      35,218     465,601      35,928      53,152      97,721     151,468      72,982      32,348      12,571      26,278      65,182     135,542
  Reverse repurchase agreements (14)             107,739       2,817      59,746       3,122       2,752       6,699       7,157       5,822       1,734       1,022       2,038       4,184      10,647
  Deposits                                     2,569,904      30,047   1,858,344      54,548      33,919      96,150      46,158      76,624       9,747       8,168      19,398      44,373     292,429
    Term deposits held by depository        
        institutions                              13,532           5      10,290           0           0          25         500       1,105          10         102          90         105       1,300
    Other deposits held by depository       
        institutions                           2,488,387      30,038   1,780,335      54,519      33,915      95,950      45,646      75,495       9,736       8,067      19,306      44,262     291,118
    U.S. Treasury, General Account                45,433           0      45,433           0           0           0           0           0           0           0           0           0           0
    Foreign official                               8,740           2       8,713           3           3           8           2           1           0           0           0           1           6
    Other                                         13,813           2      13,573          26           0         167          10          23           0           0           1           5           6
  Deferred availability cash items                   739           0           0           0           0           0         583           0           0         157           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         1,944          49       1,032          95          47         106         137         114          42          18          34          79         190
  Other liabilities and accrued             
     dividends (16)                                6,594         229       2,945         276         275         714         470         377         169         149         158         273         559
                                                                                                                                                                                                        
Total liabilities                              3,870,912      68,361   2,387,667      93,968      90,144     201,390     205,973     155,919      44,039      22,086      47,906     114,091     439,368
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 27,482       1,251       8,833       2,068       2,181       5,736       1,580         759         231         116         290         455       3,981
  Surplus                                         27,482       1,251       8,833       2,068       2,181       5,736       1,580         759         231         116         290         455       3,981
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  3,925,876      70,863   2,405,333      98,105      94,506     212,862     209,134     157,438      44,501      22,319      48,485     115,002     447,329

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, November 27, 2013 (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.  Refer to table 5 and the note on consolidation below.                                                                                                                                                   
9.  Refer to table 6 and the note on consolidation below.                                                                                                                                                   
10. Refer to table 7 and the note on consolidation below.                                                                                                                                                   
11. 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.                                                                                                 
12. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
15. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to      
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the     
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires
    the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount    
    necessary to equate surplus with capital paid-in.                                                                                                                                                   
16. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have         
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.                                                                        


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a
loan was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase
multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a
loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American
International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities
received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.                                        

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any
residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the
FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net
assets of the LLCs appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to
the portfolio holdings of the LLCs, are included in other liabilities in this table (and table 1 and table 8).

                                                                            



10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Nov 27, 2013  

Federal Reserve notes outstanding                                                            1,424,493  
  Less: Notes held by F.R. Banks not subject to collateralization                              240,501  
    Federal Reserve notes to be collateralized                                               1,183,993  
Collateral held against Federal Reserve notes                                                1,183,993  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,167,756  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       3,661,892  
  Less: Face value of securities under reverse repurchase agreements                            98,627  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,563,266  

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: November 29, 2013