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`FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                   April 27, 2017


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Apr 26, 2017 
Federal Reserve Banks                                     Apr 26, 2017 Apr 19, 2017 Apr 27, 2016              

Reserve Bank credit                                         4,439,702   -    3,949   -    5,021    4,431,268  
  Securities held outright (1)                              4,252,788   -    3,398   +   11,000    4,245,572  
    U.S. Treasury securities                                2,464,696   +       92   +    3,291    2,464,730  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,339,740   +      263   -    2,552    2,339,740  
      Notes and bonds, inflation-indexed (2)                  106,803   -      246   +    3,669      106,803  
      Inflation compensation (3)                               18,153   +       74   +    2,174       18,187  
    Federal agency debt securities (2)                         11,829   -    1,071   -   15,267       11,829  
    Mortgage-backed securities (4)                          1,776,263   -    2,418   +   22,976    1,769,013  
  Unamortized premiums on securities held outright (5)        168,612   -      424   -   15,659      168,285  
  Unamortized discounts on securities held outright (5)       -14,887   +       34   +    1,288      -14,869  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                            36   -        4   -       84           44  
    Primary credit                                                  5   -       10   -       62           11  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                31   +        6   -       22           32  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,708            0   -       13        1,709  
  Float                                                          -265   +       90   -       58         -420  
  Central bank liquidity swaps (8)                                 80   +       45   +       80           80  
  Other Federal Reserve assets (9)                             31,632   -      291   -    1,575       30,868  
Foreign currency denominated assets (10)                       20,284   +       57   -      452       20,248  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             48,782   +       14   +      989       48,782  
                                                                                                              
Total factors supplying reserve funds                       4,525,009   -    3,877   -    4,484    4,516,539  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Apr 26, 2017 
Federal Reserve Banks                                     Apr 26, 2017 Apr 19, 2017 Apr 27, 2016              

Currency in circulation (11)                                 1,540,738   +      680   +   94,917    1,542,724 
Reverse repurchase agreements (12)                             369,905   +   48,705   +  106,877      363,073 
  Foreign official and international accounts                  241,872   -   13,403   +    4,408      240,750 
  Others                                                       128,034   +   62,109   +  102,470      122,323 
Treasury cash holdings                                             254   -        9   +       99          258 
Deposits with F.R. Banks, other than reserve balances          326,676   +   51,028   -   72,913      362,789 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               234,219   +   69,676   -  111,947      270,845 
  Foreign official                                               5,165   -       41   -       69        5,164 
  Other (13)                                                    87,292   -   18,608   +   39,103       86,780 
Other liabilities and capital (14)                              48,396   +       20   +    1,656       47,026 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,285,969   +  100,423   +  130,634    2,315,869 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,239,041   -  104,299   -  135,117    2,200,670 

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 securities, Federal agency debt
    securities, and 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  Apr 26, 2017 
                                                          Apr 26, 2017 Apr 19, 2017 Apr 27, 2016              

Securities held in custody for foreign official and       
     international accounts                                  3,210,754   +    4,527   -   27,935    3,203,333 
  Marketable U.S. Treasury securities (1)                    2,894,505   +   10,492   -   31,861    2,887,791 
  Federal agency debt and mortgage-backed securities (2)       254,987   -    4,844   -    8,840      254,569 
  Other securities (3)                                          61,261   -    1,122   +   12,765       60,973 
Securities lent to dealers                                      19,055   -      898   +    1,295       20,423 
  Overnight facility (4)                                        19,055   -      898   +    1,295       20,423 
    U.S. Treasury securities                                    19,015   -      891   +    1,314       20,387 
    Federal agency debt securities                                  40   -        7   -       19           36 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           






2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, April 26, 2017      

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                                           43             1             0             0             0           ...            44 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                  14,058        46,551       200,650     1,194,564       381,211       627,696     2,464,730 
  Weekly changes                                 0    +        1    +        2    +       15    +       20    +       54    +       92 
Federal agency debt securities (2)                                                                                                     
  Holdings                                   1,495         2,237         3,706         2,044             0         2,347        11,829 
  Weekly changes                        +    1,495    -    1,495             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           190        11,164     1,757,660     1,769,013 
  Weekly changes                                 0             0             0    +        9    -      260    -    7,652    -    7,904 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)                80             0             0             0             0             0            80 
                                                                                                                                       
Reverse repurchase agreements (4)          363,073             0           ...           ...           ...           ...       363,073 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Apr 26, 2017  

Mortgage-backed securities held outright (1)                                                                             1,769,013  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           20,737  
Commitments to sell mortgage-backed securities (2)                                                                             156  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    4  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
2.  Current face value. Generally settle within 180 days and include commitments associated with            
    outright transactions, dollar rolls, and coupon swaps.                                              
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Apr 26, 2017  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,709  
                                                                                                                                    
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 March 31, 2017. Any assets purchased after this     
    valuation date are initially recorded at cost until their estimated fair value as of the purchase date
    becomes available.                                                                                  
2.  Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's            
    statement of condition consistent with consolidation under generally accepted accounting principles. Refer
    to the note on consolidation accompanying table 6.                                                  
3.  Book value. The fair value of these obligations is included in other liabilities and capital in         
    table 1 and in other liabilities and accrued dividends in table 5 and table 6.                      


Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to
acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit
extended and to minimize disruption to financial markets. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Apr 26, 2017   Wednesday    Wednesday  
                                                        consolidation                Apr 19, 2017 Apr 27, 2016 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,883   -        5   +       16  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,399,032   -    8,380   -    2,083  
    Securities held outright (1)                                          4,245,572   -    7,812   +   12,237  
      U.S. Treasury securities                                            2,464,730   +       92   +    3,317  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,339,740            0   -    2,552  
        Notes and bonds, inflation-indexed (2)                              106,803            0   +    3,669  
        Inflation compensation (3)                                           18,187   +       92   +    2,200  
      Federal agency debt securities (2)                                     11,829            0   -   15,267  
      Mortgage-backed securities (4)                                      1,769,013   -    7,904   +   24,187  
    Unamortized premiums on securities held outright  
    (5)                                                                     168,285   -      578   -   15,506  
    Unamortized discounts on securities held outright 
    (5)                                                                     -14,869   +       40   +    1,213  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                        44   -       29   -       26  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,709   +        1   -        5  
  Items in process of collection                                   (0)           84   -       18   -       98  
  Bank premises                                                               2,199            0   -       23  
  Central bank liquidity swaps (8)                                               80   +       45   +       80  
  Foreign currency denominated assets (9)                                    20,248   -       10   -      524  
  Other assets (10)                                                          28,669   -      764   -    1,888  
                                                                                                               
Total assets                                                       (0)    4,470,142   -    9,128   -    4,523  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Apr 26, 2017   Wednesday    Wednesday  
                                                        consolidation                Apr 19, 2017 Apr 27, 2016 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,496,078   +    1,387   +   93,476 
  Reverse repurchase agreements (11)                                         363,073   +      920   +   95,960 
  Deposits                                                          (0)    2,563,460   -   11,140   -  194,527 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,200,671   -   55,999   -  152,586 
    U.S. Treasury, General Account                                           270,845   +   41,360   -  101,654 
    Foreign official                                                           5,164   -      291   -       10 
    Other (12)                                                      (0)       86,780   +    3,789   +   59,724 
  Deferred availability cash items                                  (0)          504   -       49   -      338 
  Other liabilities and accrued dividends (13)                                 6,401   -      279   +      317 
                                                                                                               
Total liabilities                                                   (0)    4,429,517   -    9,161   -    5,111 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,625   +       33   +      587 
  Surplus                                                                     10,000            0            0 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,625   +       33   +      587 

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 securities, Federal agency debt
    securities, and 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, April 26, 2017
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         349       3,592          348         553         776       1,520         737         341         191         292         916       1,422
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,883          50          58          172         132         292         194         289          26          53         120         188         310
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,399,032      85,722   2,477,035      113,580     127,567     257,739     258,941     185,038      58,662      34,299      62,390     176,105     561,956
    Securities held outright (1)               4,245,572      82,719   2,390,647      109,619     123,118     248,750     249,910     178,563      56,614      33,101      60,212     169,963     542,356
      U.S. Treasury securities                 2,464,730      48,022   1,387,869       63,638      71,475     144,410     145,083     103,663      32,867      19,216      34,956      98,670     314,860
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,464,730      48,022   1,387,869       63,638      71,475     144,410     145,083     103,663      32,867      19,216      34,956      98,670     314,860
      Federal agency debt securities (2)          11,829         230       6,661          305         343         693         696         498         158          92         168         474       1,511
      Mortgage-backed securities (4)           1,769,013      34,467     996,117       45,675      51,300     103,647     104,131      74,402      23,589      13,792      25,089      70,819     225,985
    Unamortized premiums on securities held 
      outright (5)                               168,285       3,279      94,760        4,345       4,880       9,860       9,906       7,078       2,244       1,312       2,387       6,737      21,498
    Unamortized discounts on securities     
      held outright (5)                          -14,869        -290      -8,373         -384        -431        -871        -875        -625        -198        -116        -211        -595      -1,899
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                             44          13           1            0           0           0           0          22           2           2           2           0           2
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,709           0       1,709            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      84           0           0            0           0           0          83           0           0           0           0           0           0
  Bank premises                                    2,199         119         441           71         108         202         204         200         112          89         237         222         194
  Central bank liquidity swaps (8)                    80           3          26            4           7          17           5           3           1           0           1           1          12
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   20,248         878       6,485        1,089       1,649       4,375       1,181         847         221          86         197         259       2,981
  Other assets (10)                               28,669         607      15,614          743         837       1,865       1,704       1,212         465         248         472       1,252       3,650
  Interdistrict settlement account                     0  -    2,794  +      192   -      512  -   12,044  -    9,985  -    7,042  +   45,165  -      304  +    1,209  +    4,329  +    1,845  -   20,059
                                                                                                                                                                                                         
Total assets                                   4,470,142      85,130   2,506,970      115,705     119,045     255,694     257,443     233,916      59,674      36,265      68,190     181,070     551,040

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, April 26, 2017 (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            1,674,063      55,923     528,983      54,781      84,235     120,590     224,727     115,111      52,106      30,073      47,482     142,260     217,792
    Less: Notes held by F.R. Banks               177,985       5,970      44,808       8,057      10,246      13,231      26,273      12,330       5,545       3,101       5,822      16,776      25,825
      Federal Reserve notes, net               1,496,078      49,953     484,175      46,724      73,989     107,359     198,453     102,781      46,561      26,971      41,660     125,484     191,967
  Reverse repurchase agreements (11)             363,073       7,074     204,443       9,374      10,529      21,273      21,372      15,270       4,841       2,831       5,149      14,535      46,381
  Deposits                                     2,563,460      26,151   1,802,297      57,190      30,990     117,647      34,780     113,786       7,674       5,711      20,833      40,267     306,135
    Term deposits held by depository        
        institutions                                   0           0           0           0           0           0           0           0           0           0           0           0           0
    Other deposits held by depository       
        institutions                           2,200,671      26,146   1,496,403      57,188      30,987     117,384      34,771      57,201       7,656       5,710      20,831      40,266     306,128
    U.S. Treasury, General Account               270,845           0     270,845           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,164           2       5,137           2           3           9           2           2           0           0           0           1           6
    Other (12)                                    86,780           3      29,912           0           0         254           7      56,583          18           0           1           0           1
  Deferred availability cash items                   504           0           0           0           0           0          68           0           0         436           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,295          25         730          33          41          72          88          50           7          10          15          61         164
  Other liabilities and accrued             
     dividends                                     5,106         173       2,308         200         201         550         328         302         137         135         134         210         429
                                                                                                                                                                                                        
Total liabilities                              4,429,517      83,376   2,493,953     113,521     115,749     246,900     255,089     232,189      59,220      36,093      67,791     180,557     545,077
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,625       1,320       9,815       1,646       2,481       6,633       1,771       1,308         345         129         303         385       4,491
  Surplus                                         10,000         434       3,202         538         815       2,161         583         419         109          42          97         128       1,473
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,470,142      85,130   2,506,970     115,705     119,045     255,694     257,443     233,916      59,674      36,265      68,190     181,070     551,040

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, April 26, 2017 (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 securities, Federal agency     
    debt securities, and 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   
                                                                                          Apr 26, 2017  

Federal Reserve notes outstanding                                                            1,674,063  
  Less: Notes held by F.R. Banks not subject to collateralization                              177,985  
    Federal Reserve notes to be collateralized                                               1,496,078  
Collateral held against Federal Reserve notes                                                1,496,078  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,479,842  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,245,572  
  Less: Face value of securities under reverse repurchase agreements                           337,396  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,908,176  

Note: Components may not sum to totals because of rounding.


1.  Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright,        
    compensation to adjust for the effect of inflation on the original face value of inflation-indexed  
    securities, and cash value of repurchase agreements.                                                
2.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.`

Statistical releases

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