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 9, 2026 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 8, 2026 Federal Reserve Banks Apr 8, 2026 Apr 1, 2026 Apr 9, 2025 Reserve Bank credit 6,638,019 + 17,437 - 40,844 6,646,523 Securities held outright1 6,398,729 + 15,589 - 11,949 6,405,806 U.S. Treasury securities 4,399,702 + 15,589 + 180,370 4,406,779 Bills2 405,651 + 15,181 + 210,308 412,569 Notes and bonds, nominal2 3,600,145 - 1,403 + 7,588 3,600,145 Notes and bonds, inflation-indexed2 290,669 + 1,402 - 30,774 290,669 Inflation compensation3 103,237 + 408 - 6,752 103,395 Federal agency debt securities2 2,347 0 0 2,347 Mortgage-backed securities4 1,996,680 0 - 192,319 1,996,680 Unamortized premiums on securities held outright5 218,906 - 331 - 23,753 218,810 Unamortized discounts on securities held outright5 -25,297 - 139 - 1,658 -25,268 Repurchase agreements6 14 - 95 0 101 Foreign official 0 - 1 0 0 Others 14 - 94 0 101 Loans 5,671 + 160 + 1,476 5,923 Primary credit 5,620 + 161 + 3,269 5,873 Secondary credit 0 0 0 0 Seasonal credit 9 - 1 0 8 Paycheck Protection Program Liquidity Facility 42 - 1 - 1,793 42 Bank Term Funding Program 0 0 0 0 Other credit extensions7 0 0 0 0 Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)8 1,332 + 5 - 5,963 1,333 Float -355 + 101 - 39 -283 Central bank liquidity swaps9 105 - 75 + 11 105 Other Federal Reserve assets10 38,914 + 2,222 + 1,031 39,997 Foreign currency denominated assets11 19,215 + 150 + 500 19,298 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 15,200 0 0 15,200 Treasury currency outstanding12 53,074 + 14 + 527 53,074 Total factors supplying reserve funds 6,736,549 + 17,601 - 39,817 6,745,136 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 Apr 8, 2026 Federal Reserve Banks Apr 8, 2026 Apr 1, 2026 Apr 9, 2025 Currency in circulation12 2,451,502 + 3,281 + 74,259 2,452,773 Reverse repurchase agreements13 356,597 + 23,736 - 198,651 344,859 Foreign official and international accounts 354,161 + 24,515 - 26,382 344,682 Others 2,437 - 778 - 172,268 177 Treasury cash holdings 388 + 4 - 13 396 Deposits with F.R. Banks, other than reserve balances 1,002,334 - 96,477 + 461,426 953,007 Term deposits held by depository institutions 0 0 0 0 U.S. Treasury, General Account 748,376 - 99,342 + 442,327 697,079 Foreign official 9,440 0 + 5 9,441 Other14 244,518 + 2,865 + 19,094 246,487 Treasury contributions to credit facilities15 821 0 - 2,640 821 Other liabilities and capital16 -191,341 - 2,483 - 15,764 -190,252 Total factors, other than reserve balances, absorbing reserve funds 3,620,301 - 71,939 + 318,617 3,561,603 Reserve balances with Federal Reserve Banks 3,116,247 + 89,539 - 358,435 3,183,533 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 outstanding loans to depository institutions that were subsequently placed into Federal Deposit Insurance Corporation (FDIC) receivership, including depository institutions established by the FDIC. The Federal Reserve Banks' loans to these depository institutions are secured by pledged collateral and the FDIC provides repayment guarantees. 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. Includes bank premises, accrued interest, and other accounts receivable. 11. Revalued daily at current foreign currency exchange rates. 12. Estimated. 13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities 14. 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. 15. Book value. Amount of equity investments in MS Facilities 2020 LLC. 16. 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 Apr 8, 2026 Apr 8, 2026 Apr 1, 2026 Apr 9, 2025 Securities held in custody for foreign official and international accounts 2,997,130 - 15,337 - 297,180 2,987,751 Marketable U.S. Treasury securities1 2,702,417 - 14,911 - 228,452 2,693,026 Federal agency debt and mortgage-backed securities2 217,242 + 6 - 58,411 217,246 Other securities3 77,472 - 431 - 10,316 77,479 Securities lent to dealers 42,148 - 1,434 + 11,801 41,307 Overnight facility4 42,148 - 1,434 + 11,801 41,307 U.S. Treasury securities 42,148 - 1,434 + 11,801 41,307 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, April 8, 2026 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 2,509 3,414 0 0 0 ... 5,923 U.S. Treasury securities2 Holdings 70,676 329,923 526,978 1,380,331 502,894 1,595,977 4,406,779 Weekly changes + 3,711 + 1,905 + 10,590 + 175 + 39 + 154 + 16,575 Federal agency debt securities3 Holdings 0 0 0 2,134 213 0 2,347 Weekly changes 0 0 0 0 0 0 0 Mortgage-backed securities4 Holdings 0 19 15 4,900 83,861 1,907,886 1,996,680 Weekly changes 0 0 0 + 103 + 3,889 - 3,992 0 Loan participations held by MS Facilities 2020 LLC (Main Street Lending Program)5 747 54 81 0 ... ... 882 Repurchase agreements6 101 0 ... ... ... ... 101 Central bank liquidity swaps7 105 0 0 0 0 0 105 Reverse repurchase agreements6 344,859 0 ... ... ... ... 344,859 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; the Paycheck Protection Program Liquidity Facility (PPPLF); and other credit extensions. A component of PPPLF loans presented in the Within 15 days category has reached contractual maturity, and collection is expected based upon the terms of the PPPLF. Loans exclude the loans from the Federal Reserve Bank of Boston (FRBB) to MS Facilities 2020 LLC, which were eliminated when preparing the FRBB's statement of condition, 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 2020 LLC. A component of loan participations held by MS Facilities 2020 LLC presented in the Within 15 days category has reached contractual maturity, and collectability is assessed in accordance with the MS Facilities 2020 LLC policy. 6. Cash value of agreements. 7. 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 Apr 8, 2026 Mortgage-backed securities held outright1 1,996,680 Residential mortgage-backed securities 1,989,009 Commercial mortgage-backed securities 7,672 Commitments to buy mortgage-backed securities2 15 Commitments to sell mortgage-backed securities2 146 Cash and cash equivalents3 0 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 LLC Millions of dollars Wednesday Apr 8, 2026 Net portfolio holdings of Credit Facilities LLC Outstanding Credit Facilities LLC: principal Outstanding amount amount of Treasury of loan facility contributions extended to asset and the LLC1 purchases2 other assets3 Total MS Facilities 2020 LLC (Main Street Lending Program) 0 150 1,183 1,333 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 includes loan participations at face value, net of an allowance for credit losses, updated as of December 31, 2025. 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. 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 Apr 8, 2026 Apr 1, 2026 Apr 9, 2025 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 15,200 0 0 Coin 1,489 - 16 - 63 Securities, unamortized premiums and discounts, repurchase agreements, and loans 6,605,372 + 15,460 - 28,990 Securities held outright1 6,405,806 + 16,574 - 5,036 U.S. Treasury securities 4,406,779 + 16,575 + 187,283 Bills2 412,569 + 16,142 + 217,226 Notes and bonds, nominal2 3,600,145 0 + 7,588 Notes and bonds, inflation-indexed2 290,669 0 - 30,774 Inflation compensation3 103,395 + 432 - 6,758 Federal agency debt securities2 2,347 0 0 Mortgage-backed securities4 1,996,680 0 - 192,319 Unamortized premiums on securities held outright5 218,810 - 301 - 23,715 Unamortized discounts on securities held outright5 -25,268 - 23 - 1,697 Repurchase agreements6 101 - 649 + 101 Loans7 5,923 - 141 + 1,357 Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)8 1,333 + 2 - 5,968 Items in process of collection (0) 41 - 12 - 13 Bank premises 660 + 5 + 74 Central bank liquidity swaps9 105 - 75 + 11 Foreign currency denominated assets10 19,298 + 92 + 478 Other assets11 39,336 + 3,070 + 925 Total assets (0) 6,693,871 + 18,527 - 33,545 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 Apr 8, 2026 Apr 1, 2026 Apr 9, 2025 Liabilities Federal Reserve notes, net of F.R. Bank holdings 2,401,579 + 2,163 + 74,310 Reverse repurchase agreements12 344,859 + 5,265 - 189,394 Deposits (0) 4,136,540 + 13,892 + 99,898 Term deposits held by depository institutions 0 0 0 Other deposits held by depository institutions 3,183,533 + 119,073 - 300,812 U.S. Treasury, General Account 697,079 - 106,474 + 381,890 Foreign official 9,441 + 1 + 7 Other13 (0) 246,487 + 1,292 + 18,812 Deferred availability cash items (0) 324 - 561 - 119 Treasury contributions to credit facilities14 821 0 - 2,640 Other liabilities and accrued dividends15 -236,733 - 2,232 - 17,894 Total liabilities (0) 6,647,390 + 18,527 - 35,839 Capital accounts Capital paid in 39,696 0 + 2,294 Surplus 6,785 0 0 Other capital accounts 0 0 0 Total capital 46,481 0 + 2,294 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 Paycheck Protection Program Liquidity Facility, Bank Term Funding Program, 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 2020 LLC. 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, April 8, 2026 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 26,237 898 8,066 815 1,238 1,891 3,695 1,720 794 446 740 2,294 3,640 Coin 1,489 52 60 180 43 211 96 254 32 65 110 134 252 Securities, unamortized premiums and discounts, repurchase agreements, and loans1 6,605,372 152,341 3,503,037 130,238 269,010 594,062 436,477 335,196 99,611 44,115 63,392 296,424 681,470 Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)2 1,333 1,333 0 0 0 0 0 0 0 0 0 0 0 Central bank liquidity swaps3 105 4 34 3 11 23 4 6 3 1 1 3 13 Foreign currency denominated assets4 19,298 805 6,217 636 1,962 4,232 688 1,055 483 114 254 548 2,303 Other assets5 40,038 966 18,841 850 1,632 3,897 3,799 1,996 776 483 736 1,864 4,198 Interdistrict settlement account 0+ 25,619- 207,247- 7,814- 26,021- 52,044+ 10,661+ 106,836+ 9,089+ 19,867+ 31,998+ 39,897 + 49,158 Total assets 6,693,871 182,019 3,329,008 124,909 247,874 552,273 455,419 447,062 110,787 65,091 97,231 341,164 741,033 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, April 8, 2026 (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 2,401,579 84,021 744,177 63,798 116,445 170,813 354,334 123,187 78,485 40,004 50,669 216,721 358,925 Reverse repurchase agreements6 344,859 7,940 183,018 6,804 14,054 31,036 22,808 17,495 5,203 2,303 3,309 15,468 35,420 Deposits 4,136,540 92,086 2,526,766 56,604 122,571 380,043 75,642 326,040 25,699 22,827 43,966 107,386 356,910 Depository institutions 3,183,533 92,078 1,764,704 56,603 122,539 378,856 75,629 136,532 25,695 22,771 43,940 107,314 356,871 U.S. Treasury, General Account 697,079 0 697,079 0 0 0 0 0 0 0 0 0 0 Foreign official 9,441 2 9,413 1 4 9 1 2 1 0 1 1 5 Other7 246,487 7 55,570 0 27 1,178 11 189,506 3 55 26 71 34 Earnings remittances due to the U.S. Treasury8 -244,048 -5,618 -142,240 -4,043 -10,409 -40,654 120 -22,782 -7 -528 -1,563 43 -16,367 Treasury contributions to credit facilities9 821 821 0 0 0 0 0 0 0 0 0 0 0 Other liabilities and accrued dividends 7,638 824 2,328 214 324 973 754 565 270 201 217 320 649 Total liabilities 6,647,390 180,075 3,314,050 123,377 242,984 542,211 453,657 444,505 109,649 64,807 96,600 339,938 735,537 Capital Capital paid in 39,696 1,661 12,773 1,309 4,200 8,573 1,521 2,186 968 244 542 1,034 4,686 Surplus 6,785 283 2,185 224 690 1,488 242 371 170 40 89 193 810 Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0 Total liabilities and capital 6,693,871 182,019 3,329,008 124,909 247,874 552,273 455,419 447,062 110,787 65,091 97,231 341,164 741,033 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, April 8, 2026 (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; 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. The Federal Reserve Banks remit residual net earnings 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. Positive amounts represent the estimated weekly remittances due to U.S. Treasury. Negative amounts represent the cumulative deferred asset position, which is incurred during a period when earnings are not sufficient to provide for the cost of operations, payment of dividends, and maintaining surplus. The deferred asset is the amount of net earnings that the Federal Reserve Banks need to realize before remittances to the U.S. Treasury resume. 9. Book value. Amount of equity investments in MS Facilities 2020 LLC. Note on consolidation: On July 15, 2020, the Federal Reserve Bank of Boston (FRBB) began extending loans to the MS Facilities 2020 LLC, under the authority of section 13(3) of the Federal Reserve Act. The LLC is 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 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 FRBB is the managing member of MS Facilities 2020 LLC. Consistent with generally accepted accounting principles, the assets and liabilities of the LLC have been accounted for and consolidated with the assets and liabilities of the FRBB, in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the loan from the FRBB to the LLC is eliminated as are any balances held at the Federal Reserve Bank of New York (FRBNY) for the LLC consolidated to the FRBB. Treasury contributions to credit facilities are held at FRBNY until invested. Net assets of the LLC appear as assets on table 6 (and in table 1 and table 5), and the liabilities of the LLC to entities other than the 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). Net portfolio holdings of the LLC include assets purchased pursuant to terms of the credit facility and the amount provided by U.S. Treasury as credit protection to the FRBB appear 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 Apr 8, 2026 Federal Reserve notes outstanding 2,820,653 Less: Notes held by F.R. Banks not subject to collateralization 419,074 Federal Reserve notes to be collateralized 2,401,579 Collateral held against Federal Reserve notes 2,401,579 Gold certificate account 11,037 Special drawing rights certificate account 15,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 2,375,343 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 6,405,907 Less: Face value of securities under reverse repurchase agreements 390,335 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 6,015,572 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.