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 April 13, 2006 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 Apr 12, 2006 Apr 5, 2006 Apr 13, 2005 Apr 12, 2006 Reserve Bank credit 817,880 - 2,599 + 36,484 819,522 Securities held outright 758,559 + 15 + 41,190 758,563 U.S. Treasury1 758,559 + 15 + 41,190 758,563 Bills2 275,370 0 + 12,365 275,370 Notes and bonds, nominal2 457,177 0 + 24,292 457,177 Notes and bonds, inflation-indexed2 22,646 0 + 3,538 22,646 Inflation compensation3 3,365 + 14 + 994 3,370 Federal agency2 0 0 0 0 Repurchase agreements4 19,464 - 4,679 - 3,429 18,750 Loans to depository institutions 600 + 306 + 320 3,755 Primary credit 526 + 291 + 315 3,676 Secondary credit 0 0 0 0 Seasonal credit 74 + 15 + 6 79 Float -390 + 1,410 - 253 -1,354 Other Federal Reserve assets 39,647 + 349 - 1,345 39,807 Gold stock 11,043 0 + 2 11,043 Special drawing rights certificate account 2,200 0 0 2,200 Treasury currency outstanding5 36,679 + 14 + 134 36,679 Total factors supplying reserve funds 867,803 - 2,584 + 36,620 869,445 Currency in circulation5 789,504 + 1,063 + 35,357 791,310 Reverse repurchase agreements6 23,646 - 1,535 + 223 24,016 Foreign official and international accounts 23,646 - 1,535 + 223 24,016 Dealers 0 0 0 0 Treasury cash holdings 200 - 8 - 76 209 Deposits with F.R. Banks, other than reserve balances 13,231 - 78 - 1,827 12,438 U.S. Treasury, general account 5,126 - 102 - 49 4,334 Foreign official 86 + 1 + 6 90 Service-related 7,729 0 - 1,784 7,729 Required clearing balances 7,729 0 - 1,784 7,729 Adjustments to compensate for float 0 0 0 0 Other 290 + 23 + 2 285 Other liabilities and capital 33,001 + 62 + 4,673 32,551 Total factors, other than reserve balances, absorbing reserve funds 859,582 - 495 + 38,350 860,525 Reserve balances with Federal Reserve Banks 8,220 - 2,090 - 1,731 8,919 Memo (off-balance-sheet items): Marketable securities held in custody for foreign official and international accounts2,7 1,592,376 - 1,500 + 203,087 1,603,772 U.S. Treasury 1,124,662 - 2,929 + 44,643 1,131,217 Federal agency 467,713 + 1,429 + 158,443 472,555 Securities lent to dealers 1,092 - 1,067 + 521 517 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 Apr 12, 2006 Apr 5, 2006 Apr 13, 2005 Assets Gold certificate account 11,039 0 + 2 Special drawing rights certificate account 2,200 0 0 Coin 798 + 1 + 73 Securities, repurchase agreements, and loans 781,068 + 3,203 + 35,362 Securities held outright 758,563 + 12 + 41,183 U.S. Treasury1 758,563 + 12 + 41,183 Bills2 275,370 0 + 12,365 Notes and bonds, nominal2 457,177 0 + 24,292 Notes and bonds, inflation-indexed2 22,646 0 + 3,538 Inflation compensation3 3,370 + 12 + 989 Federal agency2 0 0 0 Repurchase agreements4 18,750 - 500 - 9,500 Loans 3,755 + 3,691 + 3,679 Items in process of collection (1,105) 5,103 - 1,210 - 1,774 Bank premises 1,833 + 1 + 30 Other assets5 37,970 + 248 - 1,238 Total assets (1,105) 840,011 + 2,243 + 32,454 Liabilities Federal Reserve notes, net of F.R. Bank holdings 755,634 + 1,067 + 36,151 Reverse repurchase agreements6 24,016 + 493 + 1,258 Deposits (0) 21,355 + 1,333 - 8,141 Depository institutions 16,646 + 1,723 - 7,535 U.S. Treasury, general account 4,334 - 329 - 592 Foreign official 90 + 6 + 10 Other (0) 285 - 67 - 23 Deferred availability cash items (1,105) 6,455 - 404 - 1,019 Other liabilities and accrued dividends7 4,638 + 25 + 1,360 Total liabilities (1,105) 812,098 + 2,513 + 29,608 Capital accounts Capital paid in 13,771 + 5 + 1,047 Surplus 12,901 0 + 1,672 Other capital accounts 1,241 - 274 + 127 Total capital 27,913 - 270 + 2,846 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, April 12, 2006 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 3,690 49,823 + 2,593 0 0 18,750 24,016 16 days to 90 days 65 172,127 - 2,127 0 0 0 0 91 days to 1 year 0 185,412 - 466 0 0 . . . . . . Over 1 year to 5 years . . . 215,823 + 4 0 0 . . . . . . Over 5 years to 10 years . . . 55,380 + 2 0 0 . . . . . . Over 10 years . . . 79,998 + 6 0 0 . . . . . . All 3,755 758,563 + 12 0 0 18,750 24,016 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 April 12, 2006 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 9 5 1 0 4,3 5 7 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 9 8 3 9 6 5 4 6 6 1 7 2 8 9 9 6 4 4 3 8 6 9 6 9 111 Securities, repurchase agreements, and loans 781,0 6 8 38,9 9 7 321,5 2 4 26,9 1 0 32,2 5 3 59,2 0 3 58,6 8 8 68,3 5 1 23,5 4 4 15,8 5 9 21,4 6 0 37,3 6 2 76,916 Securities held outright 758,5 6 3 38,8 1 0 300,7 9 7 26,9 1 0 32,0 4 6 57,8 9 1 58,6 8 6 68,3 1 2 23,5 3 9 15,8 4 3 21,4 5 5 37,3 6 0 76,914 U.S. Treasury1 758,5 6 3 38,8 1 0 300,7 9 7 26,9 1 0 32,0 4 6 57,8 9 1 58,6 8 6 68,3 1 2 23,5 3 9 15,8 4 3 21,4 5 5 37,3 6 0 76,914 Bills2 275,3 7 0 14,0 8 9 109,1 9 4 9,7 6 9 11,6 3 3 21,0 1 5 21,3 0 4 24,7 9 8 8,5 4 5 5,7 5 1 7,7 8 9 13,5 6 2 27,921 Notes and bonds3 483,1 9 3 24,7 2 2 191,6 0 3 17,1 4 1 20,4 1 3 36,8 7 6 37,3 8 2 43,5 1 4 14,9 9 4 10,0 9 2 13,6 6 7 23,7 9 8 48,993 Federal agency2 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase agreements4 18,7 5 0 0 18,7 5 0 0 0 0 0 0 0 0 0 0 0 Loans 3,7 5 5 1 8 7 1,9 7 7 0 2 0 8 1,3 1 2 2 3 9 5 1 6 5 2 3 Items in process of collection 6,2 0 8 5 3 7 4 3 3 4 8 0 5 6 4 4 8 0 8 0 6 2 4 7 2 3 1 2 5 6 5 8 7 3 3 1 1,258 Bank premises 1,8 3 3 1 1 3 2 0 5 5 5 1 5 7 1 5 3 2 3 2 2 1 0 6 9 1 1 8 9 5 2 5 9 166 Other assets5 37,9 7 0 1,2 6 7 14,1 6 2 1,6 7 0 2,2 0 0 6,6 2 6 2,6 3 8 2,6 8 3 7 4 0 7 0 2 7 0 3 1,0 2 2 3,555 Interdistrict settlement account 0 - 4,1 9 3 -25,5 5 1 + 6,7 7 5 + 8 9 3 + 6,6 3 4 + 8,1 1 2 - 3,1 2 7 + 6 0 3 - 9 7 + 2,5 9 6 - 4,5 1 7 +11,871 Total assets 841,1 1 7 37,3 8 5 316,0 6 9 36,4 5 0 36,6 8 5 74,1 5 0 71,6 7 7 69,6 0 0 25,6 3 0 17,1 1 9 25,8 9 5 35,1 7 3 95,284 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 April 12, 2006 (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 914,1 0 7 38,6 5 2 332,7 4 4 39,2 4 6 36,9 0 4 73,2 5 3 86,8 4 1 76,1 0 4 27,7 0 5 17,6 0 9 27,3 6 3 49,2 7 8 108,408 Less: notes held by F.R. Banks 158,4 7 4 4,6 9 0 43,8 9 3 6,7 1 2 5,6 8 6 12,4 9 2 22,3 6 4 12,9 9 7 4,0 1 8 2,5 0 1 4,0 5 1 17,3 0 3 21,767 Federal Reserve notes, net 755,6 3 4 33,9 6 2 288,8 5 1 32,5 3 4 31,2 1 9 60,7 6 1 64,4 7 7 63,1 0 8 23,6 8 8 15,1 0 8 23,3 1 2 31,9 7 5 86,641 Reverse repurchase agreements1 24,0 1 6 1,2 2 9 9,5 2 3 8 5 2 1,0 1 5 1,8 3 3 1,8 5 8 2,1 6 3 7 4 5 5 0 2 6 7 9 1,1 8 3 2,435 Deposits 21,3 5 5 7 7 2 7,5 4 3 6 4 3 1,6 6 2 2,6 9 1 1,9 4 7 1,7 3 1 5 3 2 5 3 2 8 0 8 7 1 3 1,780 Depository institutions 16,6 4 6 7 7 1 2,9 7 4 6 4 1 1,6 5 7 2,5 7 5 1,9 4 4 1,7 2 8 5 3 1 5 3 2 8 0 7 7 1 1 1,776 U.S. Treasury, general account 4,3 3 4 0 4,3 3 4 0 0 0 0 0 0 0 0 0 0 Foreign official 9 0 1 6 1 2 3 1 1 3 3 0 1 1 0 4 Other 2 8 5 0 1 7 3 0 1 1 0 5 0 0 1 0 1 2 0 Deferred availability cash items 7,5 6 1 5 0 7 9 7 3 7 0 6 5 4 1 5 9 5 8 8 1 3 6 1 1 8 7 3 5 4 5 8 5 6 2 2 1,249 Other liabilities and accrued dividends2 4,6 3 8 2 4 1 1,6 2 1 1 9 0 2 2 7 4 6 2 3 7 7 4 1 8 1 6 6 1 2 7 1 4 8 2 2 8 434 Total liabilities 813,2 0 3 36,7 1 0 308,5 1 1 34,9 2 4 34,6 6 2 66,3 4 1 69,5 4 0 67,7 7 9 25,3 1 9 16,6 2 3 25,5 3 4 34,7 2 1 92,538 Capital Capital paid in 13,7 7 1 3 2 4 3,6 7 0 7 5 8 1,0 0 0 3,9 4 6 1,0 5 1 8 9 3 1 4 7 2 4 3 1 7 3 2 1 1 1,355 Surplus 12,9 0 1 3 1 7 3,6 8 5 7 4 4 1,0 1 3 3,3 0 7 8 9 2 8 7 6 1 4 4 2 4 5 1 7 5 1 5 3 1,349 Other capital 1,2 4 1 3 5 2 0 2 2 4 9 5 5 5 1 9 4 5 1 2 0 7 1 4 8 8 42 Total liabilities and capital 841,1 1 7 37,3 8 5 316,0 6 9 36,4 5 0 36,6 8 5 74,1 5 0 71,6 7 7 69,6 0 0 25,6 3 0 17,1 1 9 25,8 9 5 35,1 7 3 95,284 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 Apr 12, 2006 Federal Reserve notes outstanding 914,107 Less: Notes held by F.R. Banks not subject to collateralization 158,474 Federal Reserve notes to be collateralized 755,634 Collateral held against Federal Reserve notes 755,634 Gold certificate account 11,039 Special drawing rights certificate account 2,200 U.S. Treasury and agency securities pledged1 742,395 Other assets pledged 0 Memo: Total U.S. Treasury and agency securities1 777,313 Less: face value of securities under reverse repurchase agreements 24,048 U.S. Treasury and agency securities eligible to be pledged 753,266 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.