H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks November 10, 2005 1. Factors Affecting Reserve Balances of Depository Institutions Millions of dollars Reserve Bank credit, related items, and Averages of daily figures reserve balances of depository institutions Week ended Change from week ended Wednesday at Federal Reserve Banks Nov 9, 2005 Nov 2, 2005 Nov 10, 2004 Nov 9, 2005 Reserve Bank credit 799,326 - 2,561 + 24,559 807,045 Securities held outright 741,036 + 511 + 32,213 741,717 U.S. Treasury1 741,036 + 511 + 32,213 741,717 Bills2 270,819 + 108 + 11,181 271,018 Notes and bonds, nominal2 447,135 + 343 + 15,807 447,592 Notes and bonds, inflation-indexed2 19,983 0 + 4,300 19,983 Inflation compensation3 3,098 + 60 + 924 3,122 Federal agency2 0 0 0 0 Repurchase agreements4 17,857 - 2,679 - 5,786 24,500 Loans to depository institutions 119 - 35 + 34 131 Primary credit 3 - 2 - 3 13 Secondary credit 0 0 0 0 Seasonal credit 116 - 32 + 37 118 Float 237 - 134 + 171 506 Other Federal Reserve assets 40,078 - 224 - 2,071 40,191 Gold stock 11,041 0 - 2 11,041 Special drawing rights certificate account 2,200 0 0 2,200 Treasury currency outstanding5 36,499 + 14 + 118 36,499 Total factors supplying reserve funds 849,066 - 2,547 + 24,675 856,784 Currency in circulation5 770,920 + 2,463 + 25,435 775,162 Reverse repurchase agreements6 24,959 - 388 - 2,151 25,021 Foreign official and international accounts 24,959 - 388 - 2,151 25,021 Dealers 0 0 0 0 Treasury cash holdings 225 + 12 - 78 221 Deposits with F.R. Banks, other than reserve balances 14,137 - 40 - 1,861 14,515 U.S. Treasury, general account 5,002 + 21 - 10 5,388 Foreign official 85 - 20 - 37 83 Service-related 8,781 - 1 - 1,790 8,781 Required clearing balances 8,781 - 1 - 1,790 8,781 Adjustments to compensate for float 0 0 0 0 Other 270 - 38 - 23 264 Other liabilities and capital 31,574 - 298 + 7,495 31,345 Total factors, other than reserve balances, absorbing reserve funds 841,816 + 1,751 + 28,840 846,264 Reserve balances with Federal Reserve Banks 7,250 - 4,298 - 4,166 10,520 Memo (off-balance-sheet items): Marketable securities held in custody for foreign official and international accounts2,7 1,477,813 - 13 + 171,867 1,479,820 U.S. Treasury 1,083,934 - 2,543 + 25,235 1,085,002 Federal agency 393,879 + 2,529 + 146,632 394,818 Securities lent to dealers 4,343 + 1,220 + 2,644 5,034 Note: Components may not sum to totals because of rounding. 1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 5. Estimated. 6. Cash value of agreements, which are collateralized by U.S. Treasury securities. 7. Includes U.S. Treasury STRIPS and other zero coupon bonds at face value. Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

H.4.1 2. Consolidated Statement of Condition of All Federal Reserve Banks Millions of dollars Change since Eliminations from Assets, liabilities, and capital consolidation Wednesday Wednesday Wednesday Nov 9, 2005 Nov 2, 2005 Nov 10, 2004 Assets Gold certificate account 11,036 0 - 3 Special drawing rights certificate account 2,200 0 0 Coin 730 + 3 - 42 Securities, repurchase agreements, and loans 766,348 + 11,106 + 27,861 Securities held outright 741,717 + 1,103 + 32,808 U.S. Treasury1 741,717 + 1,103 + 32,808 Bills2 271,018 + 237 + 11,298 Notes and bonds, nominal2 447,592 + 800 + 16,264 Notes and bonds, inflation-indexed2 19,983 0 + 4,300 Inflation compensation3 3,122 + 65 + 944 Federal agency2 0 0 0 Repurchase agreements4 24,500 + 10,000 - 5,000 Loans 131 + 2 + 54 Items in process of collection (893) 7,107 - 743 + 36 Bank premises 1,842 - 1 + 97 Other assets5 38,288 + 84 - 2,229 Total assets (893) 827,552 + 10,450 + 25,720 Liabilities Federal Reserve notes, net of F.R. Bank holdings 739,610 + 5,087 + 25,386 Reverse repurchase agreements6 25,021 + 82 - 2,446 Deposits (-5) 25,177 + 6,443 - 4,615 Depository institutions 19,443 + 5,630 - 5,399 U.S. Treasury, general account 5,388 + 889 + 823 Foreign official 83 - 23 + 1 Other (-5) 264 - 52 - 40 Deferred availability cash items (898) 6,398 - 1,071 - 181 Other liabilities and accrued dividends7 4,097 + 66 + 1,210 Total liabilities (893) 800,304 + 10,608 + 19,356 Capital accounts Capital paid in 13,446 - 9 + 2,829 Surplus 11,625 - 5 + 2,778 Other capital accounts 2,177 - 145 + 758 Total capital 27,248 - 158 + 6,365 Note: Components may not sum to totals because of rounding. 1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 6. Cash value of agreements, which are collateralized by U.S. Treasury securities. 7. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments. 3. Maturity Distribution of Loans and Securities, November 9, 2005 Millions of dollars U.S. Treasury Federal agency Reverse securities1 securities Repurchase Maturity Loans repurchase Weekly Weekly agreements2 Holdings Holdings agreements2 changes changes Within 15 days 20 40,966 - 16,697 0 0 24,500 25,021 16 days to 90 days 111 175,588 + 16,842 0 0 0 0 91 days to 1 year 0 182,941 + 93 0 0 . . . . . . Over 1 year to 5 years . . . 210,677 + 26 0 0 . . . . . . Over 5 years to 10 years . . . 53,429 + 812 0 0 . . . . . . Over 10 years . . . 78,117 + 28 0 0 . . . . . . All 131 741,717 + 1,103 0 0 24,500 25,021 Note: Components may not sum to totals because of rounding. . . . Not applicable. 1. 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. 2. Cash value of agreements classified by remaining maturity of the agreements.

H.4.1 4. Statement of Condition of Each Federal Reserve Bank on November 9, 2005 Millions of dollars Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco Assets Gold certificate account 11,0 3 6 5 1 0 4,3 5 4 4 3 2 4 5 3 8 3 6 9 4 5 9 2 8 3 2 7 2 1 2 3 1 8 5 4 9 1,172 Special drawing rights certificate acct. 2,2 0 0 1 1 5 8 7 4 8 3 1 0 4 1 4 7 1 6 6 2 1 2 7 1 3 0 6 6 9 8 234 Coin 7 3 0 3 1 5 2 5 0 5 4 6 2 1 0 0 7 6 3 6 2 1 6 2 7 3 113 Securities, repurchase agreements, and loans 766,3 4 8 37,9 4 8 318,6 2 6 26,3 1 7 31,3 3 4 56,6 0 5 57,3 8 7 66,8 3 3 23,0 4 7 15,5 1 9 20,9 9 6 36,5 3 1 75,205 Securities held outright 741,7 1 7 37,9 4 8 294,1 1 6 26,3 1 2 31,3 3 4 56,6 0 5 57,3 8 3 66,7 9 5 23,0 1 6 15,4 9 1 20,9 7 9 36,5 3 1 75,205 U.S. Treasury1 741,7 1 7 37,9 4 8 294,1 1 6 26,3 1 2 31,3 3 4 56,6 0 5 57,3 8 3 66,7 9 5 23,0 1 6 15,4 9 1 20,9 7 9 36,5 3 1 75,205 Bills2 271,0 1 8 13,8 6 6 107,4 6 8 9,6 1 4 11,4 4 9 20,6 8 3 20,9 6 7 24,4 0 6 8,4 1 0 5,6 6 0 7,6 6 6 13,3 4 8 27,480 Notes and bonds3 470,6 9 8 24,0 8 2 186,6 4 8 16,6 9 8 19,8 8 5 35,9 2 2 36,4 1 6 42,3 8 9 14,6 0 6 9,8 3 1 13,3 1 3 23,1 8 3 47,726 Federal agency2 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase agreements4 24,5 0 0 0 24,5 0 0 0 0 0 0 0 0 0 0 0 0 Loans 1 3 1 0 1 0 5 0 0 4 3 8 3 0 2 7 1 7 0 0 Items in process of collection 8,0 0 1 3 7 9 4 5 3 3 6 1 4 8 1 4 5 0 1,9 0 2 4 6 7 3 2 0 3 2 5 7 6 5 4 4 9 1,649 Bank premises 1,8 4 2 1 0 8 2 0 4 5 3 1 5 7 1 4 3 2 7 2 2 1 1 6 9 1 2 0 8 0 2 6 1 164 Other assets5 38,2 8 8 3,2 3 7 14,5 8 9 1,0 7 3 2,4 6 7 4,8 2 7 2,2 1 3 2,6 9 1 9 3 6 7 7 1 7 1 7 1,0 4 9 3,718 Interdistrict settlement account 0 - 3,0 2 2 -25,2 6 6 + 6,4 8 1 + 9 1 5 + 7,0 0 8 + 2,4 1 6 + 1,4 8 0 - 5 0 - 7 6 5 + 1 8 1 - 4,8 5 4 +15,474 Total assets 828,4 4 5 39,3 0 7 313,8 8 6 34,8 5 1 35,9 6 5 70,0 7 8 65,4 0 2 72,8 9 9 24,7 5 5 16,2 3 3 23,1 8 4 34,1 5 6 97,730 Note: Components may not sum to totals because of rounding. 1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

H.4.1 4. Statement of Condition of Each Federal Reserve Bank on November 9, 2005 (continued) Millions of dollars Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco Liabilities Federal Reserve notes outstanding 896,6 1 3 39,0 2 1 329,8 7 5 37,4 5 3 36,4 8 3 68,6 3 3 81,1 0 5 77,0 5 3 26,3 8 2 17,0 0 6 26,2 0 6 47,9 6 6 109,430 Less: notes held by F.R. Banks 157,0 0 2 4,6 0 3 45,3 6 4 6,1 3 9 5,6 5 7 12,7 9 2 22,6 0 2 10,6 1 4 3,5 5 4 2,6 3 3 5,4 4 0 16,7 9 7 20,806 Federal Reserve notes, net 739,6 1 0 34,4 1 8 284,5 1 1 31,3 1 5 30,8 2 6 55,8 4 1 58,5 0 3 66,4 3 8 22,8 2 8 14,3 7 3 20,7 6 5 31,1 6 8 88,625 Reverse repurchase agreements1 25,0 2 1 1,2 8 0 9,9 2 2 8 8 8 1,0 5 7 1,9 1 0 1,9 3 6 2,2 5 3 7 7 6 5 2 3 7 0 8 1,2 3 2 2,537 Deposits 25,1 7 2 1,1 0 7 9,8 0 8 5 3 9 1,2 9 7 4,4 3 8 1,9 5 6 1,7 2 6 4 5 1 3 0 4 6 3 3 6 8 0 2,234 Depository institutions 19,4 4 3 1,1 0 1 4,2 0 1 5 3 8 1,2 9 3 4,3 3 8 1,9 5 9 1,7 2 3 4 4 7 3 0 3 6 3 2 6 7 9 2,229 U.S. Treasury, general account 5,3 8 8 0 5,3 8 8 0 0 0 0 0 0 0 0 0 0 Foreign official 8 3 5 5 4 1 4 7 2 3 1 1 1 0 4 Other 2 5 9 1 1 6 5 0 0 9 2 - 5 1 3 0 1 0 0 Deferred availability cash items 7,2 9 6 6 2 3 7 7 8 6 2 0 5 0 4 5 1 9 9 0 2 3 4 0 1 6 2 4 1 7 5 9 5 5 4 8 1,287 Other liabilities and accrued dividends2 4,0 9 7 2 1 2 1,4 0 1 1 6 6 2 0 8 4 3 4 3 3 0 3 7 3 1 4 8 1 1 5 1 2 8 2 0 3 377 Total liabilities 801,1 9 7 37,6 4 0 306,4 2 0 33,5 2 7 33,8 9 2 63,1 4 2 63,6 2 6 71,1 3 2 24,3 6 6 15,7 3 1 22,8 3 0 33,8 3 2 95,059 Capital Capital paid in 13,4 4 6 3 1 6 3,6 6 0 7 4 6 1,0 1 0 3,9 3 9 8 6 5 8 7 5 1 4 3 2 4 5 1 7 1 1 4 9 1,326 Surplus 11,6 2 5 1,3 5 0 3,4 3 0 2 9 4 1,0 6 3 2,1 4 8 5 1 6 7 6 3 2 3 6 2 5 4 1 5 3 1 3 5 1,283 Other capital 2,1 7 7 0 3 7 6 2 8 4 0 8 4 9 3 9 4 1 2 9 1 0 3 3 0 4 0 62 Total liabilities and capital 828,4 4 5 39,3 0 7 313,8 8 6 34,8 5 1 35,9 6 5 70,0 7 8 65,4 0 2 72,8 9 9 24,7 5 5 16,2 3 3 23,1 8 4 34,1 5 6 97,730 Note: Components may not sum to totals because of rounding. 1. Cash value of agreements, which are collateralized by U.S. Treasury securities. 2. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments. 5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts Millions of dollars Wednesday Federal Reserve notes and collateral Nov 9, 2005 Federal Reserve notes outstanding 896,613 Less: Notes held by F.R. Banks not subject to collateralization 157,002 Federal Reserve notes to be collateralized 739,610 Collateral held against Federal Reserve notes 739,610 Gold certificate account 11,036 Special drawing rights certificate account 2,200 U.S. Treasury and agency securities pledged1 726,374 Other assets pledged 0 Memo: Total U.S. Treasury and agency securities1 766,217 Less: face value of securities under reverse repurchase agreements 25,050 U.S. Treasury and agency securities eligible to be pledged 741,166 Note: Components may not sum to totals because of rounding. 1. Includes face value of U.S. Treasury and agency 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.