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 October 5, 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 Oct 4, 2006 Sep 27, 2006 Oct 5, 2005 Oct 4, 2006 Reserve Bank credit 829,644 + 4,405 + 29,468 826,967 Securities held outright 768,926 + 18 + 32,387 768,932 U.S. Treasury1 768,926 + 18 + 32,387 768,932 Bills2 277,019 0 + 7,258 277,019 Notes and bonds, nominal2 461,791 0 + 17,923 461,791 Notes and bonds, inflation-indexed2 26,019 0 + 6,036 26,019 Inflation compensation3 4,098 + 18 + 1,171 4,104 Federal agency2 0 0 0 0 Repurchase agreements4 21,214 + 4,571 - 2,715 18,250 Loans to depository institutions 343 - 41 - 217 267 Primary credit 40 + 9 - 68 1 Secondary credit 0 0 - 152 0 Seasonal credit 303 - 50 + 3 266 Float -351 + 312 - 435 149 Other Federal Reserve assets 39,512 - 456 + 447 39,370 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 2,200 0 0 2,200 Treasury currency outstanding5 38,152 + 14 + 1,723 38,152 Total factors supplying reserve funds 881,037 + 4,419 + 31,191 878,360 Currency in circulation5 791,854 + 1,038 + 24,481 794,246 Reverse repurchase agreements6 30,498 + 2,107 + 4,226 29,212 Foreign official and international accounts 30,498 + 2,107 + 4,226 29,212 Dealers 0 0 0 0 Treasury cash holdings 151 - 7 - 83 154 Deposits with F.R. Banks, other than reserve balances 14,016 + 2,409 - 110 13,640 U.S. Treasury, general account 6,650 + 2,370 + 1,793 6,222 Foreign official 94 + 4 - 5 92 Service-related 6,993 + 25 - 1,871 6,993 Required clearing balances 6,993 + 25 - 1,871 6,993 Adjustments to compensate for float 0 0 0 0 Other 280 + 11 - 27 334 Other liabilities and capital 36,016 - 196 + 4,962 35,622 Total factors, other than reserve balances, absorbing reserve funds 872,535 + 5,350 + 33,475 872,875 Reserve balances with Federal Reserve Banks 8,502 - 931 - 2,284 5,485 Memo (off-balance-sheet items): Marketable securities held in custody for foreign official and international accounts2,7 1,674,664 + 13,255 + 210,897 1,682,645 U.S. Treasury 1,131,365 + 12,175 + 48,369 1,141,823 Federal agency 543,298 + 1,079 + 162,526 540,821 Securities lent to dealers 1,609 + 499 - 4,098 349 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 Oct 4, 2006 Sep 27, 2006 Oct 5, 2005 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 2,200 0 0 Coin 848 - 10 + 136 Securities, repurchase agreements, and loans 787,448 - 9,334 + 30,813 Securities held outright 768,932 + 17 + 31,340 U.S. Treasury1 768,932 + 17 + 31,340 Bills2 277,019 0 + 7,240 Notes and bonds, nominal2 461,791 0 + 16,901 Notes and bonds, inflation-indexed2 26,019 0 + 6,036 Inflation compensation3 4,104 + 17 + 1,164 Federal agency2 0 0 0 Repurchase agreements4 18,250 - 9,250 - 500 Loans 267 - 99 - 26 Items in process of collection (1,561) 4,999 + 1,858 - 4,759 Bank premises 1,901 + 12 + 61 Other assets5 37,867 - 202 + 486 Total assets (1,561) 846,300 - 7,675 + 26,736 Liabilities Federal Reserve notes, net of F.R. Bank holdings 757,093 + 1,951 + 23,261 Reverse repurchase agreements6 29,212 - 2,254 + 3,274 Deposits (0) 19,523 - 7,540 - 1,250 Depository institutions 12,875 - 9,276 - 2,656 U.S. Treasury, general account 6,222 + 1,637 + 1,436 Foreign official 92 + 1 - 57 Other (0) 334 + 98 + 27 Deferred availability cash items (1,561) 4,851 + 244 - 3,137 Other liabilities and accrued dividends7 5,402 - 112 + 1,549 Total liabilities (1,561) 816,080 - 7,712 + 23,696 Capital accounts Capital paid in 15,077 + 10 + 1,651 Surplus 12,901 0 + 1,271 Other capital accounts 2,242 + 28 + 118 Total capital 30,220 + 38 + 3,040 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, October 4, 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 20 54,634 - 3,601 0 0 18,250 29,212 16 days to 90 days 247 170,012 + 3,026 0 0 0 0 91 days to 1 year 0 186,680 - 562 0 0 . . . . . . Over 1 year to 5 years . . . 215,770 + 1,143 0 0 . . . . . . Over 5 years to 10 years . . . 60,279 + 3 0 0 . . . . . . Over 10 years . . . 81,557 + 7 0 0 . . . . . . All 267 768,932 + 17 0 0 18,250 29,212 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 October 4, 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 7 4 8 6 4,1 3 9 4 6 3 4 4 6 8 5 3 1,0 2 3 9 4 7 3 2 8 2 1 1 3 2 4 5 7 5 1,242 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 8 4 8 2 4 4 7 5 7 7 7 7 6 1 1 3 1 0 4 4 3 3 1 6 3 8 3 129 Securities, repurchase agreements, and loans 787,4 4 8 36,6 9 2 302,8 5 3 33,3 8 4 33,2 0 2 63,8 7 5 64,3 8 4 70,6 9 1 24,4 6 3 15,7 1 3 22,5 6 2 34,5 1 5 85,115 Securities held outright 768,9 3 2 36,6 9 2 284,6 0 3 33,3 8 4 33,2 0 2 63,8 7 5 64,3 7 2 70,6 0 3 24,4 3 0 15,6 3 2 22,5 1 6 34,5 0 9 85,113 U.S. Treasury1 768,9 3 2 36,6 9 2 284,6 0 3 33,3 8 4 33,2 0 2 63,8 7 5 64,3 7 2 70,6 0 3 24,4 3 0 15,6 3 2 22,5 1 6 34,5 0 9 85,113 Bills2 277,0 1 9 13,2 1 9 102,5 3 2 12,0 2 7 11,9 6 2 23,0 1 2 23,1 9 1 25,4 3 6 8,8 0 1 5,6 3 2 8,1 1 2 12,4 3 2 30,663 Notes and bonds3 491,9 1 3 23,4 7 3 182,0 7 0 21,3 5 7 21,2 4 1 40,8 6 3 41,1 8 1 45,1 6 7 15,6 2 9 10,0 0 0 14,4 0 4 22,0 7 6 54,450 Federal agency2 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase agreements4 18,2 5 0 0 18,2 5 0 0 0 0 0 0 0 0 0 0 0 Loans 2 6 7 0 0 0 0 0 1 1 8 8 3 2 8 1 4 6 7 1 Items in process of collection 6,5 6 1 2 7 7 4 8 1 9 6 4 6 4 1 5 7 3 5 5 3 2 7 7 1 3 1 2 8 5 5 3 0 4 4 3 1,405 Bank premises 1,9 0 1 1 1 3 2 0 8 5 7 1 5 7 1 6 1 2 3 0 2 0 9 7 4 1 1 7 1 3 8 2 5 9 176 Other assets5 37,8 6 7 1,1 9 9 13,6 9 8 1,7 9 3 2,2 3 0 6,8 5 5 2,6 7 5 2,6 8 8 7 3 1 6 9 1 7 0 5 9 2 8 3,673 Interdistrict settlement account 0 - 1,7 0 4 + 2,5 8 4 + 1 5 2 - 9 1 3 + 2,5 3 7 + 8,0 7 4 - 9,0 2 2 - 7 8 9 - 6 1 3 + 1,4 8 2 - 2,7 6 9 + 981 Total assets 847,8 6 2 37,2 0 2 324,8 8 3 36,9 5 4 35,9 4 6 75,0 7 7 77,2 1 8 66,1 0 7 25,0 5 1 16,4 6 4 25,8 7 0 34,1 3 3 92,955 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 October 4, 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 934,7 5 0 37,8 8 7 347,3 1 4 38,8 6 9 36,8 7 4 74,2 1 3 95,0 3 9 74,5 0 8 27,0 3 0 17,1 2 5 27,5 7 7 50,1 0 7 108,208 Less: notes held by F.R. Banks 177,6 5 7 4,0 8 7 52,5 5 0 7,7 5 5 6,0 9 8 13,0 5 1 25,2 3 6 14,9 4 3 3,8 9 9 2,6 4 3 4,0 8 7 18,9 8 4 24,324 Federal Reserve notes, net 757,0 9 3 33,8 0 0 294,7 6 3 31,1 1 3 30,7 7 6 61,1 6 2 69,8 0 3 59,5 6 5 23,1 3 1 14,4 8 2 23,4 8 9 31,1 2 3 83,884 Reverse repurchase agreements1 29,2 1 2 1,3 9 4 10,8 1 2 1,2 6 8 1,2 6 1 2,4 2 7 2,4 4 6 2,6 8 2 9 2 8 5 9 4 8 5 5 1,3 1 1 3,234 Deposits 19,5 2 3 5 2 5 9,6 5 0 5 4 5 6 9 4 2,1 0 5 1,5 4 3 1,2 0 6 4 0 3 3 2 2 4 2 6 6 3 9 1,463 Depository institutions 12,8 7 5 5 2 4 3,1 6 1 5 4 2 6 9 1 1,9 6 7 1,5 4 0 1,2 0 3 4 0 2 3 2 2 4 2 5 6 3 8 1,459 U.S. Treasury, general account 6,2 2 2 0 6,2 2 2 0 0 0 0 0 0 0 0 0 0 Foreign official 9 2 1 6 3 2 3 1 1 3 3 0 1 1 0 4 Other 3 3 4 0 2 0 4 1 0 1 2 7 0 0 0 0 1 0 0 Deferred availability cash items 6,4 1 2 4 1 5 1 9 0 8 6 9 6 7 7 6 5 7 7 4 4 3 8 2 1 4 9 3 9 3 5 5 2 3 5 8 1,028 Other liabilities and accrued dividends2 5,4 0 2 2 6 8 1,8 4 1 2 6 3 2 6 8 5 5 1 4 6 6 4 9 4 1 0 8 1 4 1 1 8 7 2 5 8 557 Total liabilities 817,6 4 1 36,4 0 3 317,2 5 6 34,0 5 9 33,6 7 7 66,9 0 2 75,0 0 2 64,3 2 9 24,7 1 9 15,9 3 2 25,5 1 0 33,6 8 8 90,165 Capital Capital paid in 15,0 7 7 3 9 0 3,6 9 1 1,6 9 2 1,1 2 9 4,0 8 0 1,0 8 4 8 4 5 1 5 8 2 7 5 1 7 5 2 0 8 1,349 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 2,2 4 2 9 2 2 5 0 4 5 9 1 2 6 7 8 8 2 4 0 5 7 3 0 1 2 1 1 8 5 92 Total liabilities and capital 847,8 6 2 37,2 0 2 324,8 8 3 36,9 5 4 35,9 4 6 75,0 7 7 77,2 1 8 66,1 0 7 25,0 5 1 16,4 6 4 25,8 7 0 34,1 3 3 92,955 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 Oct 4, 2006 Federal Reserve notes outstanding 934,750 Less: Notes held by F.R. Banks not subject to collateralization 177,657 Federal Reserve notes to be collateralized 757,093 Collateral held against Federal Reserve notes 757,093 Gold certificate account 11,037 Special drawing rights certificate account 2,200 U.S. Treasury and agency securities pledged1 743,856 Other assets pledged 0 Memo: Total U.S. Treasury and agency securities1 787,182 Less: face value of securities under reverse repurchase agreements 29,254 U.S. Treasury and agency securities eligible to be pledged 757,928 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.