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 7, 2021 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 Oct 6, 2021 Federal Reserve Banks Oct 6, 2021 Sep 29, 2021 Oct 7, 2020 Reserve Bank credit 8,415,988 - 9,330 +1,396,260 8,425,569 Securities held outright1 7,936,982 - 3,400 +1,495,878 7,946,373 U.S. Treasury securities 5,439,896 + 20,847 + 983,926 5,449,277 Bills2 326,044 0 0 326,044 Notes and bonds, nominal2 4,682,996 + 16,775 + 882,198 4,691,968 Notes and bonds, inflation-indexed2 366,155 + 3,401 + 77,395 366,441 Inflation compensation3 64,701 + 671 + 24,333 64,824 Federal agency debt securities2 2,347 0 0 2,347 Mortgage-backed securities4 2,494,739 - 24,246 + 511,952 2,494,749 Unamortized premiums on securities held outright5 354,787 - 509 + 20,834 354,807 Unamortized discounts on securities held outright5 -15,791 - 179 - 11,078 -15,891 Repurchase agreements6 0 0 - 1,008 0 Foreign official 0 0 - 1,000 0 Others 0 0 - 8 0 Loans 59,144 - 4,299 - 17,094 58,128 Primary credit 419 - 86 - 2,470 389 Secondary credit 0 0 0 0 Seasonal credit 26 - 4 - 7 25 Primary Dealer Credit Facility 0 0 - 233 0 Money Market Mutual Fund Liquidity Facility 0 0 - 6,507 0 Paycheck Protection Program Liquidity Facility 58,700 - 4,208 - 7,876 57,714 Other credit extensions 0 0 0 0 Net portfolio holdings of Commercial Paper Funding Facility II LLC7 0 0 - 8,589 0 Net portfolio holdings of Corporate Credit Facilities LLC7 515 0 - 44,588 515 Net portfolio holdings of MS Facilities LLC (Main Street Lending Program)7 30,451 + 9 - 9,490 30,457 Net portfolio holdings of Municipal Liquidity Facility LLC7 9,776 + 2 - 6,771 9,777 Net portfolio holdings of TALF II LLC7 4,495 - 17 - 7,220 4,495 Float -197 + 81 + 22 -116 Central bank liquidity swaps8 328 - 12 - 15,510 328 Other Federal Reserve assets9 35,499 - 1,004 + 875 36,696 Foreign currency denominated assets10 20,926 - 114 - 653 20,846 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 5,200 0 0 5,200 Treasury currency outstanding11 50,867 + 14 + 486 50,867 Total factors supplying reserve funds 8,504,022 - 9,430 +1,396,093 8,513,524 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 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 Oct 6, 2021 Federal Reserve Banks Oct 6, 2021 Sep 29, 2021 Oct 7, 2020 Currency in circulation11 2,198,495 + 2,445 + 163,625 2,201,113 Reverse repurchase agreements12 1,726,359 + 106,840 +1,527,139 1,737,790 Foreign official and international accounts 291,447 + 10,718 + 92,229 286,615 Others 1,434,912 + 96,122 +1,434,910 1,451,175 Treasury cash holdings 51 + 3 + 26 49 Deposits with F.R. Banks, other than reserve balances 375,117 - 121,333 -1,494,833 332,942 Term deposits held by depository institutions 0 0 0 0 U.S. Treasury, General Account 135,582 - 62,162 -1,561,492 95,854 Foreign official 5,500 - 1,297 - 13,392 6,463 Other13 234,035 - 57,874 + 80,051 230,624 Treasury contributions to credit facilities14 26,397 - 1,983 - 87,603 26,397 Other liabilities and capital15 47,554 - 104 - 1,449 47,689 Total factors, other than reserve balances, absorbing reserve funds 4,373,972 - 14,132 + 106,904 4,345,980 Reserve balances with Federal Reserve Banks 4,130,050 + 4,702 +1,289,190 4,167,544 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. Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to 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. Includes bank premises, accrued interest, and other accounts receivable. 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, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. 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. Book value. Amount of equity investments in MS Facilities LLC of $16.6 billion, Municipal Liquidity Facility LLC of $6.3 billion, and TALF II LLC of $3.5 billion. 15. Includes the liability for earnings remittances due to the U.S. Treasury. Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

H.4.1 1A. Memorandum Items Millions of dollars Averages of daily figures Wednesday Memorandum item Week ended Change from week ended Oct 6, 2021 Oct 6, 2021 Sep 29, 2021 Oct 7, 2020 Securities held in custody for foreign official and international accounts 3,477,986 - 6,594 + 67,538 3,474,948 Marketable U.S. Treasury securities1 3,061,360 - 5,679 + 81,578 3,058,271 Federal agency debt and mortgage-backed securities2 325,670 - 834 - 19,723 325,687 Other securities3 90,955 - 82 + 5,681 90,989 Securities lent to dealers 40,905 + 6,775 + 16,917 40,539 Overnight facility4 40,905 + 6,775 + 16,917 40,539 U.S. Treasury securities 40,905 + 6,775 + 16,917 40,539 Federal agency debt securities 0 0 0 0 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.

H.4.1 2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, October 6, 2021 Millions of dollars Within 15 16 days to 91 days to Over 1 year Over 5 year Over 10 Remaining Maturity All days 90 days 1 year to 5 years to 10 years years Loans1 146 267 3,970 53,744 0 ... 58,128 U.S. Treasury securities2 Holdings 64,682 318,226 699,428 2,085,301 994,263 1,287,378 5,449,277 Weekly changes - 19,326 + 29,025 - 2,951 - 7,983 + 12,507 + 6,951 + 18,221 Federal agency debt securities3 Holdings 0 0 0 0 2,134 213 2,347 Weekly changes 0 0 0 0 0 0 0 Mortgage-backed securities4 Holdings 0 0 23 1,767 64,633 2,428,325 2,494,749 Weekly changes 0 0 + 5 + 108 + 793 - 843 + 65 Loan participations held by MS Facilities LLC (Main Street Lending Program)5 0 0 0 15,910 ... ... 15,910 Municipal notes held by Municipal Liquidity Facility LLC6 0 0 0 4,373 ... ... 4,373 Loans held by TALF II LLC7 0 0 0 1,456 ... ... 1,456 Repurchase agreements8 0 0 ... ... ... ... 0 Central bank liquidity swaps9 228 100 0 0 0 0 328 Reverse repurchase agreements8 1,737,790 0 ... ... ... ... 1,737,790 Term deposits 0 0 0 ... ... ... 0 Note: Components may not sum to totals because of rounding. ...Not applicable. 1. Loans includes primary, secondary, and seasonal loans and credit extended through the Paycheck Protection Program Liquidity Facility and other credit extensions. Loans exclude the loans from the Federal Reserve Bank of New York (FRBNY) to Municipal Liquidity Facility LLC and TALF II LLC, and from the Federal Reserve Bank of Boston (FRBB) to MS Facilities LLC, which were eliminated when preparing the FRBNY's and FRBB's statement of condition, respectively, 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. Book value of the loan participations held by the MS Facilities LLC. 6. Book value of the municipal notes held by the Municipal Liquidity Facility LLC. 7. Book value of the loans held by the TALF II LLC. 8. Cash value of agreements. 9. 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.

H.4.1 3. Supplemental Information on Mortgage-Backed Securities Millions of dollars Wednesday Account name Oct 6, 2021 Mortgage-backed securities held outright1 2,494,749 Residential mortgage-backed securities 2,485,202 Commercial mortgage-backed securities 9,547 Commitments to buy mortgage-backed securities2 124,721 Commitments to sell mortgage-backed securities2 0 Cash and cash equivalents3 37 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. Includes residential and commercial mortgage-backed securities. Residential mortgage-backed securities generally settle within 180 calendar days and include commitments associated with outright transactions, dollar rolls, and coupon swaps. Commercial mortgage-backed securities generally settle within three business days. 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 Credit Facilities LLCs Millions of dollars Wednesday Oct 6, 2021 Net portfolio holdings of Credit Facilities LLCs Outstanding Credit Facilities LLCs: principal Outstanding amount amount of Treasury of loan facility contributions extended to asset and the LLC1 purchases2 other assets3 Total Corporate Credit Facilities LLC 0 0 515 515 MS Facilities LLC (Main Street Lending Program) 15,920 13,373 17,085 30,457 Municipal Liquidity Facility LLC 4,373 4,373 5,404 9,777 TALF II LLC 1,462 1,456 3,039 4,495 Note: Components may not sum to totals because of rounding. 1. Book value. This amount was eliminated when preparing the Federal Reserve Banks' statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 6. Loans are extended from the Federal Reserve Bank to the LLC upon settlement of the investment activity. 2. Outstanding amount of facility asset purchases: a. For the Corporate Credit Facilities LLC includes exchange traded-funds and corporate bonds at fair value. b. For the MS Facilities LLC (Main Street Lending Program) includes loan participations at face value, net of an allowance for loan losses updated as of June 30, 2021. c. For the Municipal Liquidity Facility LLC includes municipal notes at book value. Asset balances from trading activity may be reported on a one-day lag after the transaction date. d. For the TALF II LLC includes loans to holders of eligible asset-backed securities at book value. 3. Includes short term receivables, interest and dividend receivables, and other assets of the facility. Also includes the portion of the Treasury contribution to the credit facilities, which is held as investments in nonmarketable Treasury securities and the residual portion which is held as cash and cash equivalents at the FRBNY. The amount of cash and cash equivalents held at the FRBNY are eliminated in consolidation and, as result, are excluded from net portfolio holdings in Tables 1, 5, and 6. Amounts excluded are approximately 15% of Treasury contributions to the Municipal Liquidity Facility LLC and TALF II LLC. Refer to the note on consolidation accompanying table 6.

H.4.1 5. Consolidated Statement of Condition of All Federal Reserve Banks Millions of dollars Change since Eliminations from Wednesday Assets, liabilities, and capital Wednesday Wednesday consolidation Oct 6, 2021 Sep 29, 2021 Oct 7, 2020 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 5,200 0 0 Coin 1,208 + 5 - 273 Securities, unamortized premiums and discounts, repurchase agreements, and loans 8,343,417 + 15,107 +1,481,813 Securities held outright1 7,946,373 + 18,286 +1,491,389 U.S. Treasury securities 5,449,277 + 18,221 + 979,429 Bills2 326,044 0 0 Notes and bonds, nominal2 4,691,968 + 13,916 + 877,378 Notes and bonds, inflation-indexed2 366,441 + 3,687 + 77,681 Inflation compensation3 64,824 + 618 + 24,370 Federal agency debt securities2 2,347 0 0 Mortgage-backed securities4 2,494,749 + 65 + 511,960 Unamortized premiums on securities held outright5 354,807 + 345 + 20,476 Unamortized discounts on securities held outright5 -15,891 - 226 - 11,197 Repurchase agreements6 0 0 - 1,059 Loans7 58,128 - 3,298 - 17,796 Net portfolio holdings of Commercial Paper Funding Facility II LLC8 0 0 - 8,590 Net portfolio holdings of Corporate Credit Facilities LLC8 515 0 - 44,649 Net portfolio holdings of MS Facilities LLC (Main Street Lending Program)8 30,457 + 8 - 9,619 Net portfolio holdings of Municipal Liquidity Facility LLC8 9,777 + 1 - 6,771 Net portfolio holdings of TALF II LLC8 4,495 - 18 - 7,220 Items in process of collection (0) 56 + 1 - 1 Bank premises 1,539 - 11 - 650 Central bank liquidity swaps9 328 - 12 - 15,510 Foreign currency denominated assets10 20,846 - 35 - 705 Other assets11 35,157 + 1,003 + 1,558 Total assets (0) 8,464,032 + 16,051 +1,389,383 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 5. Consolidated Statement of Condition of All Federal Reserve Banks (continued) Millions of dollars Change since Eliminations from Wednesday Assets, liabilities, and capital Wednesday Wednesday consolidation Oct 6, 2021 Sep 29, 2021 Oct 7, 2020 Liabilities Federal Reserve notes, net of F.R. Bank holdings 2,151,498 + 3,701 + 162,057 Reverse repurchase agreements12 1,737,790 + 35,443 +1,549,247 Deposits (0) 4,500,486 - 23,865 - 232,241 Term deposits held by depository institutions 0 0 0 Other deposits held by depository institutions 4,167,544 + 72,734 +1,304,187 U.S. Treasury, General Account 95,854 - 77,891 -1,591,580 Foreign official 6,463 - 753 - 12,434 Other13 (0) 230,624 - 17,956 + 67,585 Deferred availability cash items (0) 172 - 1,053 - 293 Treasury contributions to credit facilities14 26,397 0 - 87,603 Other liabilities and accrued dividends15 7,837 + 1,847 - 2,417 Total liabilities (0) 8,424,180 + 16,073 +1,388,749 Capital accounts Capital paid in 33,067 - 22 + 673 Surplus 6,785 0 - 40 Other capital accounts 0 0 0 Total capital 39,852 - 22 + 633 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. Loans includes primary, secondary, and seasonal loans and credit extended through the Primary Dealer Credit Facility, Money Market Mutual Fund Liquidity Facility, Paycheck Protection Program Liquidity Facility, and other credit extensions. 8. Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below. 9. 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. 10. Revalued daily at current foreign currency exchange rates. 11. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. 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, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. 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. Book value. Amount of equity investments in MS Facilities LLC of $16.6 billion, Municipal Liquidity Facility LLC of $6.3 billion, and TALF II LLC of $3.5 billion. 15. Includes the liability for earnings remittances due to the U.S. Treasury.

H.4.1 6. Statement of Condition of Each Federal Reserve Bank, October 6, 2021 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 certificates and special drawing rights certificates 16,237 531 5,422 523 752 1,187 2,188 1,136 475 273 455 1,220 2,075 Coin 1,208 16 22 115 49 177 105 231 16 28 87 143 221 Securities, unamortized premiums and discounts, repurchase agreements, and loans1 8,343,417 138,495 4,691,066 175,203 315,000 556,092 485,850 452,535 108,641 82,270 110,778 367,029 860,458 Net portfolio holdings of Corporate Credit Facilities LLC2 515 0 515 0 0 0 0 0 0 0 0 0 0 Net portfolio holdings of MS Facilities LLC (Main Street Lending Program)2 30,457 30,457 0 0 0 0 0 0 0 0 0 0 0 Net portfolio holdings of Municipal Liquidity Facility LLC2 9,777 0 9,777 0 0 0 0 0 0 0 0 0 0 Net portfolio holdings of TALF II LLC2 4,495 0 4,495 0 0 0 0 0 0 0 0 0 0 Central bank liquidity swaps3 328 15 110 12 28 68 15 13 6 3 4 6 48 Foreign currency denominated assets4 20,846 946 7,007 748 1,802 4,338 943 817 396 177 225 376 3,070 Other assets5 36,752 708 19,363 874 1,406 2,724 2,265 2,037 620 474 794 1,730 3,757 Interdistrict settlement account 0+ 40,898- 579,223+ 21,698+ 44,765+ 33,032+ 79,222+ 120,298+ 25,649+ 1,693+ 19,450+ 64,522 + 127,996 Total assets 8,464,032 212,065 4,158,554 199,174 363,802 597,618 570,587 577,067 135,803 84,918 131,793 435,026 997,625 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 6. Statement of Condition of Each Federal Reserve Bank, October 6, 2021 (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, net 2,151,498 70,883 689,184 61,431 103,430 154,043 314,315 121,310 63,848 32,832 54,999 195,879 289,342 Reverse repurchase agreements6 1,737,790 29,040 982,296 36,704 63,231 116,446 101,821 94,832 22,656 13,446 23,076 76,848 177,394 Deposits 4,500,486 95,630 2,458,371 99,293 193,245 318,099 152,001 358,866 48,347 38,218 53,066 161,004 524,347 Depository institutions 4,167,544 95,605 2,313,730 99,291 193,161 317,085 151,865 172,809 48,340 38,013 52,510 160,845 524,290 U.S. Treasury, General Account 95,854 0 95,854 0 0 0 0 0 0 0 0 0 0 Foreign official 6,463 2 6,437 1 3 8 2 2 1 0 0 1 6 Other7 230,624 22 42,350 0 81 1,006 134 186,055 6 205 555 158 51 Earnings remittances due to the U.S. Treasury8 1,980 7 1,256 21 42 151 110 98 12 18 12 87 165 Treasury contributions to credit facilities9 26,397 16,572 9,825 0 0 0 0 0 0 0 0 0 0 Other liabilities and accrued dividends 6,028 -1,833 4,280 225 263 677 569 420 195 177 218 298 538 Total liabilities 8,424,180 210,299 4,145,212 197,674 360,212 589,416 568,817 575,526 135,059 84,691 131,372 434,117 991,786 Capital Capital paid in 33,067 1,458 11,062 1,256 3,004 6,790 1,463 1,275 615 170 348 786 4,840 Surplus 6,785 308 2,280 244 587 1,412 307 266 129 58 73 122 999 Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0 Total liabilities and capital 8,464,032 212,065 4,158,554 199,174 363,802 597,618 570,587 577,067 135,803 84,918 131,793 435,026 997,625 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 6. Statement of Condition of Each Federal Reserve Bank, October 6, 2021 (continued) 1. Securities include outright holdings of U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, including securities lent to dealers under the overnight securities lending facility; refer to table 1A. Mortgage-backed securities are guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Unamortized premiums and discounts are the differences between the purchase price and the face value of the securities that have not been amortized. For U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis. Repurchase agreements reflect the cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. Loans includes primary, secondary, and seasonal loans and credit extended through the Paycheck Protection Program Liquidity Facility and other credit extensions. 2. Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below. 3. 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. 4. Revalued daily at current foreign currency exchange rates. 5. Includes items in process of collection, bank premises, accrued interest (which represents the daily accumulation of interest earned), and other accounts receivable. 6. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. 7. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. 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. 8. 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 each Federal Reserve Bank's allotted surplus cap. 9. Book value. Amount of equity investments in MS Facilities LLC of $16.6 billion, Municipal Liquidity Facility LLC of $6.3 billion, and TALF II LLC of $3.5 billion. Note on consolidation: The Federal Reserve Bank of New York (FRBNY) and the Federal Reserve Bank of Boston (FRBB) have extended loans to limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On April 14, 2020, FRBNY began extending loans to the Commercial Paper Funding Facility II LLC (CPFF II LLC), a limited liability company formed to purchase three-month U.S dollardenominated commercial paper by eligible issuers. The assets of the CPFF II LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On May 12, 2020, FRBNY began extending loans to the Corporate Credit Facilities LLC (CCF LLC), a limited liability company formed to purchase eligible bonds or portions of syndicated loans or bonds at issuance through the Primary Market Corporate Credit Facility and to purchase eligible individual corporate bonds and exchange-traded funds through the Secondary Market Corporate Credit Facility. The assets of the CCF LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On June 5, 2020, FRBNY began extending loans to the Municipal Liquidity Facility LLC (MLF LLC), a limited liability company formed to purchase municipal notes from eligible issuers. The assets of the MLF LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On June 25, 2020, FRBNY began extending loans to the TALF II LLC, a special purpose vehicle that was formed to help support the flow of credit to consumers and businesses. The assets of the TALF II LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On July 15, 2020, the FRBB began extending loans to the MS Facilities LLC (Main Street Lending Program), a special purpose vehicle that was formed to help ensure credit flows to small and medium-sized businesses and to eligible nonprofits. The assets of the MS Facilities LLC and the amount provided by U.S. Treasury as credit protection to the FRBB are used to secure the loan from the FRBB. The FRBNY is the managing member of CPFF II LLC, CCF LLC, MLF LLC, and TALF II LLC. The FRBB is the managing member of MS Facilities LLC (Main Street Lending Program). Consistent with generally accepted accounting principles, the assets and liabilities of each LLC have been accounted for and consolidated with the assets and liabilities of the FRBNY or FRBB, in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the loan from the Reserve Bank to the LLC is eliminated as are any balances held at the FRBNY for LLCs consolidated to FRBNY or FRBB for LLCs consolidated to FRBB. Treasury contributions to credit facilities are held at FRBNY until invested. Net assets of the LLC appears as assets on table 6 (and in table 1 and table 5), and the liabilities of the LLC to entities other than the FRBNY or FRBB, including those with recourse only to the portfolio holdings of the LLC, are included in other liabilities in this table (and table 1 and table 5). The amount provided by U.S. Treasury as credit protection to FRBNY and FRBB appears as liabilities on table 6 (and in table 1 and table 5).

H.4.1 7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts Millions of dollars Wednesday Federal Reserve notes and collateral Oct 6, 2021 Federal Reserve notes outstanding 2,399,730 Less: Notes held by F.R. Banks not subject to collateralization 248,231 Federal Reserve notes to be collateralized 2,151,498 Collateral held against Federal Reserve notes 2,151,498 Gold certificate account 11,037 Special drawing rights certificate account 5,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 2,135,262 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 7,946,373 Less: Face value of securities under reverse repurchase agreements 1,668,945 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 6,277,428 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.