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 May 21, 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 May 20, 2026 Federal Reserve Banks May 20, 2026 May 13, 2026 May 21, 2025 Reserve Bank credit 6,667,288 - 5,740 + 23,614 6,666,441 Securities held outright1 6,435,563 + 8,755 + 47,924 6,437,719 U.S. Treasury securities 4,452,684 + 9,283 + 239,247 4,457,712 Bills2 454,910 + 8,382 + 259,492 459,607 Notes and bonds, nominal2 3,615,393 0 + 20,994 3,615,393 Notes and bonds, inflation-indexed2 279,041 0 - 34,726 279,041 Inflation compensation3 103,339 + 900 - 6,514 103,670 Federal agency debt securities2 2,347 0 0 2,347 Mortgage-backed securities4 1,980,532 - 528 - 191,323 1,977,661 Unamortized premiums on securities held outright5 216,718 - 310 - 23,240 216,518 Unamortized discounts on securities held outright5 -25,626 - 166 - 1,524 -25,615 Repurchase agreements6 2 - 14 + 1 7 Foreign official 0 - 1 0 0 Others 2 - 13 + 1 7 Loans 5,996 + 81 + 2,303 5,637 Primary credit 5,959 + 82 + 4,067 5,599 Secondary credit 0 0 0 0 Seasonal credit 9 0 - 11 11 Paycheck Protection Program Liquidity Facility 28 - 1 - 1,753 27 Other credit extensions 0 0 0 0 Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)7 1,408 + 4 - 5,304 1,420 Float -260 + 34 + 21 -263 Central bank liquidity swaps8 20 - 22 + 5 16 Other Federal Reserve assets9 33,469 - 14,100 + 3,430 31,001 Foreign currency denominated assets10 19,261 - 201 + 231 19,243 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 15,200 0 0 15,200 Treasury currency outstanding11 53,158 + 14 + 601 53,158 Total factors supplying reserve funds 6,765,948 - 5,926 + 24,445 6,765,083 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 May 20, 2026 Federal Reserve Banks May 20, 2026 May 13, 2026 May 21, 2025 Currency in circulation11 2,458,981 + 1,473 + 75,347 2,461,745 Reverse repurchase agreements12 323,745 + 24,140 - 180,730 342,628 Foreign official and international accounts 316,752 + 18,459 - 44,997 317,761 Others 6,992 + 5,680 - 135,734 24,867 Treasury cash holdings 394 - 2 - 119 391 Deposits with F.R. Banks, other than reserve balances 1,038,473 - 56,752 + 300,211 1,037,860 Term deposits held by depository institutions 0 0 0 0 U.S. Treasury, General Account 781,293 - 57,291 + 278,238 781,979 Foreign official 9,456 + 13 + 16 9,443 Other13 247,724 + 526 + 21,957 246,438 Treasury contributions to credit facilities14 821 0 - 2,640 821 Other liabilities and capital15 -186,027 - 1,537 - 7,716 -185,078 Total factors, other than reserve balances, absorbing reserve funds 3,636,387 - 32,678 + 184,354 3,658,367 Reserve balances with Federal Reserve Banks 3,129,562 + 26,752 - 159,907 3,106,715 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 2020 LLC. 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 May 20, 2026 May 20, 2026 May 13, 2026 May 21, 2025 Securities held in custody for foreign official and international accounts 2,970,538 - 34,600 - 282,107 2,952,633 Marketable U.S. Treasury securities1 2,680,260 - 33,675 - 219,819 2,666,821 Federal agency debt and mortgage-backed securities2 214,615 - 976 - 53,495 209,984 Other securities3 75,663 + 51 - 8,793 75,828 Securities lent to dealers 44,384 + 4,040 + 12,407 43,271 Overnight facility4 44,384 + 4,040 + 12,407 43,271 U.S. Treasury securities 44,384 + 4,040 + 12,407 43,271 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, May 20, 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 3,350 2,287 0 0 0 ... 5,637 U.S. Treasury securities2 Holdings 88,919 343,911 504,852 1,429,880 481,258 1,608,892 4,457,712 Weekly changes - 5,530 + 11,840 - 6,272 + 35,323 - 34,155 + 6,271 + 7,477 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 7 0 15 5,441 86,512 1,885,686 1,977,661 Weekly changes 0 0 0 0 0 - 3,399 - 3,399 Loan participations held by MS Facilities 2020 LLC (Main Street Lending Program)5 608 74 92 0 ... ... 775 Repurchase agreements6 7 0 ... ... ... ... 7 Central bank liquidity swaps7 16 0 0 0 0 0 16 Reverse repurchase agreements6 342,628 0 ... ... ... ... 342,628 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 May 20, 2026 Mortgage-backed securities held outright1 1,977,661 Residential mortgage-backed securities 1,970,041 Commercial mortgage-backed securities 7,620 Commitments to buy mortgage-backed securities2 75 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 May 20, 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) 0 127 1,293 1,420 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 March 31, 2026. 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 May 20, 2026 May 13, 2026 May 21, 2025 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 15,200 0 0 Coin 1,405 - 20 - 57 Securities, unamortized premiums and discounts, repurchase agreements, and loans 6,634,267 + 3,061 + 29,760 Securities held outright1 6,437,719 + 4,077 + 52,560 U.S. Treasury securities 4,457,712 + 7,477 + 244,197 Bills2 459,607 + 6,576 + 264,189 Notes and bonds, nominal2 3,615,393 0 + 20,994 Notes and bonds, inflation-indexed2 279,041 0 - 34,726 Inflation compensation3 103,670 + 900 - 6,261 Federal agency debt securities2 2,347 0 0 Mortgage-backed securities4 1,977,661 - 3,399 - 191,635 Unamortized premiums on securities held outright5 216,518 - 402 - 23,208 Unamortized discounts on securities held outright5 -25,615 - 213 - 1,583 Repurchase agreements6 7 + 3 + 6 Loans7 5,637 - 405 + 1,984 Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)8 1,420 + 14 - 5,295 Items in process of collection (0) 53 + 3 - 22 Bank premises 669 + 11 + 93 Central bank liquidity swaps9 16 - 26 + 1 Foreign currency denominated assets10 19,243 - 136 - 15 Other assets11 30,333 - 17,766 + 451 Total assets (0) 6,713,643 - 14,859 + 24,917 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 May 20, 2026 May 13, 2026 May 21, 2025 Liabilities Federal Reserve notes, net of F.R. Bank holdings 2,410,379 + 3,687 + 74,977 Reverse repurchase agreements12 342,628 + 16,281 - 191,515 Deposits (0) 4,144,576 - 33,147 + 152,538 Term deposits held by depository institutions 0 0 0 Other deposits held by depository institutions 3,106,716 - 10,651 - 177,049 U.S. Treasury, General Account 781,979 - 25,441 + 306,093 Foreign official 9,443 0 + 6 Other13 (0) 246,438 + 2,945 + 23,488 Deferred availability cash items (0) 316 - 56 - 49 Treasury contributions to credit facilities14 821 0 - 2,640 Other liabilities and accrued dividends15 -232,314 - 1,650 - 10,114 Total liabilities (0) 6,666,407 - 14,884 + 23,199 Capital accounts Capital paid in 40,451 + 24 + 1,718 Surplus 6,785 0 0 Other capital accounts 0 0 0 Total capital 47,236 + 24 + 1,718 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 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, May 20, 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 1,405 50 60 173 37 196 92 246 27 63 107 117 236 Securities, unamortized premiums and discounts, repurchase agreements, and loans1 6,634,267 166,193 3,368,804 131,898 256,033 546,888 464,786 415,832 109,719 57,039 82,653 325,323 709,099 Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)2 1,420 1,420 0 0 0 0 0 0 0 0 0 0 0 Central bank liquidity swaps3 16 1 5 1 2 4 1 1 0 0 0 0 2 Foreign currency denominated assets4 19,243 803 6,199 635 1,956 4,220 686 1,052 482 114 253 546 2,297 Other assets5 31,055 801 13,438 683 1,199 2,908 3,276 1,831 877 429 705 1,577 3,331 Interdistrict settlement account 0- 12,186+ 99,651- 13,294- 33,813- 44,461- 30,775+ 21,813- 4,240+ 2,982+ 8,997- 3,108 + 8,433 Total assets 6,713,643 157,973 3,496,164 120,914 226,654 511,656 441,764 442,512 107,656 61,078 93,473 326,747 727,051 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, May 20, 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 2,410,379 83,830 748,198 64,245 116,791 170,128 350,721 124,850 78,584 40,297 52,459 218,930 361,345 Reverse repurchase agreements6 342,628 8,563 174,109 6,811 13,231 28,256 24,023 21,475 5,662 2,944 4,268 16,796 36,490 Deposits 4,144,576 67,437 2,695,960 52,021 101,052 342,874 64,186 315,920 21,934 17,803 37,271 89,383 338,735 Depository institutions 3,106,716 67,430 1,842,318 52,020 101,001 341,854 64,173 133,069 21,929 17,696 37,243 89,279 338,703 U.S. Treasury, General Account 781,979 0 781,979 0 0 0 0 0 0 0 0 0 0 Foreign official 9,443 2 9,415 1 4 9 1 2 1 0 1 1 5 Other7 246,438 5 62,246 0 47 1,011 11 182,849 4 107 27 103 27 Earnings remittances due to the U.S. Treasury8 -240,010 -5,531 -139,548 -3,918 -10,141 -40,665 189 -22,867 32 -457 -1,506 100 -15,699 Treasury contributions to credit facilities9 821 821 0 0 0 0 0 0 0 0 0 0 0 Other liabilities and accrued dividends 8,013 915 2,480 221 348 993 796 562 281 206 221 322 669 Total liabilities 6,666,407 156,036 3,481,199 119,380 221,281 501,586 439,915 439,939 106,493 60,793 92,714 325,531 721,540 Capital Capital paid in 40,451 1,653 12,779 1,310 4,683 8,582 1,607 2,202 993 245 671 1,024 4,701 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 6,713,643 157,973 3,496,164 120,914 226,654 511,656 441,764 442,512 107,656 61,078 93,473 326,747 727,051 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, May 20, 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 May 20, 2026 Federal Reserve notes outstanding 2,821,371 Less: Notes held by F.R. Banks not subject to collateralization 410,992 Federal Reserve notes to be collateralized 2,410,379 Collateral held against Federal Reserve notes 2,410,379 Gold certificate account 11,037 Special drawing rights certificate account 15,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 2,384,142 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 6,437,726 Less: Face value of securities under reverse repurchase agreements 384,074 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 6,053,653 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.