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 16, 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 15, 2026 Federal Reserve Banks Apr 15, 2026 Apr 8, 2026 Apr 16, 2025 Reserve Bank credit 6,649,591 + 11,572 - 32,380 6,658,179 Securities held outright1 6,406,009 + 7,280 - 4,302 6,406,033 U.S. Treasury securities 4,407,052 + 7,350 + 188,040 4,407,209 Bills2 412,569 + 6,918 + 217,226 412,569 Notes and bonds, nominal2 3,602,791 + 2,646 + 7,694 3,618,666 Notes and bonds, inflation-indexed2 288,541 - 2,128 - 30,220 275,769 Inflation compensation3 103,152 - 85 - 6,659 100,205 Federal agency debt securities2 2,347 0 0 2,347 Mortgage-backed securities4 1,996,610 - 70 - 192,342 1,996,478 Unamortized premiums on securities held outright5 218,597 - 309 - 23,697 218,473 Unamortized discounts on securities held outright5 -25,276 + 21 - 1,655 -25,313 Repurchase agreements6 1,495 + 1,481 + 823 10,463 Foreign official 0 0 - 671 0 Others 1,495 + 1,481 + 1,494 10,463 Loans 5,764 + 93 + 1,150 5,358 Primary credit 5,713 + 93 + 2,932 5,306 Secondary credit 0 0 0 0 Seasonal credit 10 + 1 0 11 Paycheck Protection Program Liquidity Facility 41 - 1 - 1,783 40 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 1,333 + 1 - 5,900 1,333 Float -289 + 66 + 61 -354 Central bank liquidity swaps9 106 + 1 + 3 106 Other Federal Reserve assets10 41,851 + 2,937 + 1,136 42,080 Foreign currency denominated assets11 19,333 + 118 + 125 19,409 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 15,200 0 0 15,200 Treasury currency outstanding12 53,088 + 14 + 541 53,088 Total factors supplying reserve funds 6,748,252 + 11,703 - 31,715 6,756,917 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 15, 2026 Federal Reserve Banks Apr 15, 2026 Apr 8, 2026 Apr 16, 2025 Currency in circulation12 2,452,204 + 702 + 75,247 2,452,150 Reverse repurchase agreements13 349,111 - 7,486 - 101,851 339,866 Foreign official and international accounts 348,728 - 5,433 - 6,230 339,643 Others 383 - 2,054 - 95,621 223 Treasury cash holdings 396 + 8 - 25 395 Deposits with F.R. Banks, other than reserve balances 1,004,286 + 1,952 + 335,741 1,170,685 Term deposits held by depository institutions 0 0 0 0 U.S. Treasury, General Account 751,354 + 2,978 + 328,371 924,435 Foreign official 9,440 0 + 6 9,442 Other14 243,492 - 1,026 + 7,364 236,809 Treasury contributions to credit facilities15 821 0 - 2,640 821 Other liabilities and capital16 -188,154 + 3,187 - 15,745 -187,187 Total factors, other than reserve balances, absorbing reserve funds 3,618,664 - 1,637 + 290,728 3,776,731 Reserve balances with Federal Reserve Banks 3,129,588 + 13,341 - 322,442 2,980,186 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 15, 2026 Apr 15, 2026 Apr 8, 2026 Apr 16, 2025 Securities held in custody for foreign official and international accounts 2,990,807 - 6,323 - 301,905 2,998,484 Marketable U.S. Treasury securities1 2,696,611 - 5,806 - 233,279 2,705,302 Federal agency debt and mortgage-backed securities2 217,229 - 13 - 57,838 217,205 Other securities3 76,966 - 506 - 10,789 75,977 Securities lent to dealers 39,038 - 3,110 + 3,040 35,479 Overnight facility4 39,038 - 3,110 + 3,040 35,479 U.S. Treasury securities 39,038 - 3,110 + 3,040 35,479 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 15, 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 3,005 2,353 0 0 0 ... 5,358 U.S. Treasury securities2 Holdings 80,940 306,882 521,259 1,388,245 509,849 1,600,033 4,407,209 Weekly changes + 10,264 - 23,041 - 5,719 + 7,914 + 6,955 + 4,056 + 430 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 1,907,683 1,996,478 Weekly changes 0 0 0 0 0 - 203 - 202 Loan participations held by MS Facilities 2020 LLC (Main Street Lending Program)5 743 54 78 0 ... ... 874 Repurchase agreements6 10,463 0 ... ... ... ... 10,463 Central bank liquidity swaps7 106 0 0 0 0 0 106 Reverse repurchase agreements6 339,866 0 ... ... ... ... 339,866 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 15, 2026 Mortgage-backed securities held outright1 1,996,478 Residential mortgage-backed securities 1,988,806 Commercial mortgage-backed securities 7,672 Commitments to buy mortgage-backed securities2 15 Commitments to sell mortgage-backed securities2 0 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 15, 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) 0 142 1,190 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 15, 2026 Apr 8, 2026 Apr 16, 2025 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 15,200 0 0 Coin 1,478 - 11 - 66 Securities, unamortized premiums and discounts, repurchase agreements, and loans 6,615,014 + 9,642 - 16,588 Securities held outright1 6,406,033 + 227 - 2,446 U.S. Treasury securities 4,407,209 + 430 + 189,950 Bills2 412,569 0 + 217,226 Notes and bonds, nominal2 3,618,666 + 18,521 + 17,219 Notes and bonds, inflation-indexed2 275,769 - 14,900 - 36,286 Inflation compensation3 100,205 - 3,190 - 8,209 Federal agency debt securities2 2,347 0 0 Mortgage-backed securities4 1,996,478 - 202 - 192,395 Unamortized premiums on securities held outright5 218,473 - 337 - 23,739 Unamortized discounts on securities held outright5 -25,313 - 45 - 1,677 Repurchase agreements6 10,463 + 10,362 + 10,460 Loans7 5,358 - 565 + 814 Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)8 1,333 0 - 5,730 Items in process of collection (0) 36 - 5 - 21 Bank premises 664 + 4 + 91 Central bank liquidity swaps9 106 + 1 + 3 Foreign currency denominated assets10 19,409 + 111 + 85 Other assets11 41,418 + 2,082 + 807 Total assets (0) 6,705,696 + 11,825 - 21,417 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 15, 2026 Apr 8, 2026 Apr 16, 2025 Liabilities Federal Reserve notes, net of F.R. Bank holdings 2,400,932 - 647 + 73,990 Reverse repurchase agreements12 339,866 - 4,993 - 72,562 Deposits (0) 4,150,873 + 14,333 - 4,391 Term deposits held by depository institutions 0 0 0 Other deposits held by depository institutions 2,980,188 - 203,345 - 300,657 U.S. Treasury, General Account 924,435 + 227,356 + 285,652 Foreign official 9,442 + 1 + 9 Other13 (0) 236,809 - 9,678 + 10,606 Deferred availability cash items (0) 390 + 66 - 79 Treasury contributions to credit facilities14 821 0 - 2,640 Other liabilities and accrued dividends15 -233,669 + 3,064 - 17,993 Total liabilities (0) 6,659,214 + 11,824 - 23,673 Capital accounts Capital paid in 39,697 + 1 + 2,256 Surplus 6,785 0 0 Other capital accounts 0 0 0 Total capital 46,482 + 1 + 2,256 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 15, 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 26,237 891 8,007 818 1,240 1,901 3,698 1,737 791 452 758 2,291 3,653 Coin 1,478 52 59 180 42 212 97 254 31 65 109 130 249 Securities, unamortized premiums and discounts, repurchase agreements, and loans1 6,615,014 165,651 3,359,209 131,442 255,291 545,216 463,456 414,677 109,306 56,825 82,397 324,444 707,100 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 106 4 34 3 11 23 4 6 3 1 1 3 13 Foreign currency denominated assets4 19,409 810 6,252 640 1,973 4,257 692 1,061 486 115 256 551 2,317 Other assets5 42,119 1,085 19,118 896 1,648 3,814 4,073 2,531 881 539 878 2,109 4,547 Interdistrict settlement account 0+ 9,377+ 1,988- 12,883- 20,661+ 16,364- 23,070+ 10,084- 2,949+ 5,689+ 10,791+ 1,222 + 4,048 Total assets 6,705,696 179,202 3,394,667 121,096 239,543 571,787 448,949 430,350 108,549 63,686 95,190 330,749 721,927 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 15, 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 2,400,932 83,957 745,224 63,158 115,992 170,720 353,945 123,436 78,527 39,987 50,693 216,484 358,809 Reverse repurchase agreements6 339,866 8,494 172,705 6,756 13,124 28,028 23,830 21,301 5,617 2,920 4,234 16,660 36,196 Deposits 4,150,873 88,702 2,600,046 53,416 115,486 402,405 68,387 305,074 22,936 20,788 40,926 95,903 336,805 Depository institutions 2,980,188 88,689 1,607,884 53,414 115,460 401,302 68,374 127,906 22,915 20,735 40,899 95,837 336,773 U.S. Treasury, General Account 924,435 0 924,435 0 0 0 0 0 0 0 0 0 0 Foreign official 9,442 2 9,414 1 4 9 1 2 1 0 1 1 5 Other7 236,809 11 58,313 0 22 1,094 12 177,166 20 52 26 66 27 Earnings remittances due to the U.S. Treasury8 -243,357 -5,594 -141,839 -4,017 -10,361 -40,700 164 -22,800 39 -513 -1,550 86 -16,272 Treasury contributions to credit facilities9 821 821 0 0 0 0 0 0 0 0 0 0 0 Other liabilities and accrued dividends 10,079 877 3,573 250 414 1,271 861 782 292 220 256 390 894 Total liabilities 6,659,214 177,257 3,379,709 119,564 234,654 561,725 447,187 427,793 107,411 63,401 94,559 329,523 716,432 Capital Capital paid in 39,697 1,662 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 6,705,696 179,202 3,394,667 121,096 239,543 571,787 448,949 430,350 108,549 63,686 95,190 330,749 721,927 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 15, 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 15, 2026 Federal Reserve notes outstanding 2,822,188 Less: Notes held by F.R. Banks not subject to collateralization 421,256 Federal Reserve notes to be collateralized 2,400,932 Collateral held against Federal Reserve notes 2,400,932 Gold certificate account 11,037 Special drawing rights certificate account 15,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 2,374,695 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 6,416,496 Less: Face value of securities under reverse repurchase agreements 382,770 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 6,033,727 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.