--- source: Federal Reserve url: https://www.federalreserve.gov/releases/h41/current/ document_type: pdf date_retrieved: 2026-04-23T21:42:00Z period: Week ending April 22, 2026 parent_publication: H.4.1 Federal Reserve Balance Sheet indicators_covered: - Central Bank Balance Sheet (Total Assets) --- # Federal Reserve H.4.1 Balance Sheet — April 23, 2026 **Release Date:** April 23, 2026 **Reference Period:** Week ending April 22, 2026 **Key Metric — Total Assets:** 6,707,419 million USD ($6.707 trillion) Change from previous week: +1,723 million Change from year ago: -19,511 million --- ## Extracted Full Text ``` FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks April 23, 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 22, 2026 Federal Reserve Banks Apr 22, 2026 Apr 15, 2026 Apr 23, 2025 Reserve Bank credit 6,653,846 + 4,255 - 26,130 6,660,097 Securities held outright1 6,410,344 + 4,335 + 3,075 6,415,890 U.S. Treasury securities 4,412,889 + 5,837 + 195,355 4,420,267 Bills2 417,988 + 5,419 + 222,645 425,214 Notes and bonds, nominal2 3,618,666 + 15,875 + 17,219 3,618,666 Notes and bonds, inflation-indexed2 275,769 - 12,772 - 36,286 275,769 Inflation compensation3 100,466 - 2,686 - 8,223 100,618 Federal agency debt securities2 2,347 0 0 2,347 Mortgage-backed securities4 1,995,108 - 1,502 - 192,280 1,993,276 Unamortized premiums on securities held outright5 218,220 - 377 - 23,688 218,041 Unamortized discounts on securities held outright5 -25,381 - 105 - 1,654 -25,358 Repurchase agreements6 1 - 1,494 - 143 4 Foreign official 0 0 - 143 0 Others 1 - 1,494 0 4 Loans 5,851 + 87 + 1,092 6,073 Primary credit 5,803 + 90 + 2,870 6,032 Secondary credit 0 0 0 0 Seasonal credit 12 + 2 0 11 Paycheck Protection Program Liquidity Facility 37 - 4 - 1,777 31 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 0 - 5,731 1,335 Float -284 + 5 - 17 -275 Central bank liquidity swaps9 101 - 5 + 28 101 Other Federal Reserve assets10 43,660 + 1,809 + 907 44,286 Foreign currency denominated assets11 19,400 + 67 + 12 19,302 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 15,200 0 0 15,200 Treasury currency outstanding12 53,102 + 14 + 555 53,102 Total factors supplying reserve funds 6,752,589 + 4,337 - 25,563 6,758,742 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 22, 2026 Federal Reserve Banks Apr 22, 2026 Apr 15, 2026 Apr 23, 2025 Currency in circulation12 2,452,526 + 322 + 74,934 2,453,331 Reverse repurchase agreements13 327,881 - 21,230 - 139,611 325,124 Foreign official and international accounts 327,535 - 21,193 - 45,922 324,586 Others 345 - 38 - 93,690 538 Treasury cash holdings 396 0 - 80 396 Deposits with F.R. Banks, other than reserve balances 1,259,196 + 254,910 + 410,951 1,253,803 Term deposits held by depository institutions 0 0 0 0 U.S. Treasury, General Account 1,005,968 + 254,614 + 399,336 1,007,172 Foreign official 9,441 + 1 + 7 9,441 Other14 243,786 + 294 + 11,607 237,190 Treasury contributions to credit facilities15 821 0 - 2,640 821 Other liabilities and capital16 -190,055 - 1,901 - 14,207 -189,310 Total factors, other than reserve balances, absorbing reserve funds 3,850,764 + 232,100 + 329,346 3,844,166 Reserve balances with Federal Reserve Banks 2,901,825 - 227,763 - 354,909 2,914,576 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 22, 2026 Apr 22, 2026 Apr 15, 2026 Apr 23, 2025 Securities held in custody for foreign official and international accounts 3,018,353 + 27,546 - 276,584 3,020,364 Marketable U.S. Treasury securities1 2,725,666 + 29,055 - 209,548 2,728,359 Federal agency debt and mortgage-backed securities2 216,757 - 472 - 56,194 216,452 Other securities3 75,930 - 1,036 - 10,843 75,553 Securities lent to dealers 36,637 - 2,401 + 7,450 41,999 Overnight facility4 36,637 - 2,401 + 7,450 41,999 U.S. Treasury securities 36,637 - 2,401 + 7,450 41,999 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 22, 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 Loans 1 4,284 1,788 0 0 0 ... 6,073 U.S. Treasury securities2 Holdings 89,725 315,690 516,358 1,388,419 509,888 1,600,187 4,420,267 Weekly changes + 8,785 + 8,808 - 4,901 + 174 + 39 + 154 + 13,058 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 1,904,482 1,993,276 Weekly changes 0 0 0 0 0 - 3,201 - 3,202 Loan participations held by MS Facilities 2020 LLC (Main Street Lending Program)5 706 58 72 0 ... ... 836 Repurchase agreements6 4 0 ... ... ... ... 4 Central bank liquidity swaps7 101 0 0 0 0 0 101 Reverse repurchase agreements6 325,124 0 ... ... ... ... 325,124 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 22, 2026 Mortgage-backed securities held outright1 1,993,276 Residential mortgage-backed securities 1,985,616 Commercial mortgage-backed securities 7,660 Commitments to buy mortgage-backed securities2 0 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 22, 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) 0 132 1,204 1,335 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 22, 2026 Apr 15, 2026 Apr 23, 2025 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 15,200 0 0 Coin 1,458 - 20 - 67 Securities, unamortized premiums and discounts, repurchase agreements, and loans 6,614,650 - 364 - 14,772 Securities held outright1 6,415,890 + 9,857 + 10,443 U.S. Treasury securities 4,420,267 + 13,058 + 202,573 Bills2 425,214 + 12,645 + 229,871 Notes and bonds, nominal2 3,618,666 0 + 17,219 Notes and bonds, inflation-indexed2 275,769 0 - 36,286 Inflation compensation3 100,618 + 413 - 8,231 Federal agency debt securities2 2,347 0 0 Mortgage-backed securities4 1,993,276 - 3,202 - 192,130 Unamortized premiums on securities held outright5 218,041 - 432 - 23,658 Unamortized discounts on securities held outright5 -25,358 - 45 - 1,702 Repurchase agreements6 4 - 10,459 - 996 Loans7 6,073 + 715 + 1,142 Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)8 1,335 + 2 - 5,737 Items in process of collection (0) 49 + 13 - 10 Bank premises 668 + 4 + 94 Central bank liquidity swaps9 101 - 5 + 28 Foreign currency denominated assets10 19,302 - 107 + 12 Other assets11 43,619 + 2,201 + 941 Total assets (0) 6,707,419 + 1,723 - 19,511 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 22, 2026 Apr 15, 2026 Apr 23, 2025 Liabilities Federal Reserve notes, net of F.R. Bank holdings 2,402,080 + 1,148 + 73,316 Reverse repurchase agreements12 325,124 - 14,742 - 219,866 Deposits (0) 4,168,380 + 17,507 + 143,877 Term deposits held by depository institutions 0 0 0 Other deposits held by depository institutions 2,914,576 - 65,612 - 294,339 U.S. Treasury, General Account 1,007,172 + 82,737 + 431,013 Foreign official 9,441 - 1 + 7 Other13 (0) 237,190 + 381 + 7,195 Deferred availability cash items (0) 324 - 66 - 105 Treasury contributions to credit facilities14 821 0 - 2,640 Other liabilities and accrued dividends15 -235,801 - 2,132 - 16,357 Total liabilities (0) 6,660,927 + 1,713 - 21,776 Capital accounts Capital paid in 39,706 + 9 + 2,264 Surplus 6,785 0 0 Other capital accounts 0 0 0 Total capital 46,491 + 9 + 2,264 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 22, 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 1,458 52 59 176 44 206 90 254 30 65 110 124 248 Securities, unamortized premiums and discounts, repurchase agreements, and loans1 6,614,650 165,703 3,358,643 131,482 255,251 545,130 463,372 414,750 109,344 56,819 82,388 324,579 707,190 Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)2 1,335 1,335 0 0 0 0 0 0 0 0 0 0 0 Central bank liquidity swaps3 101 4 33 3 10 22 4 6 3 1 1 3 12 Foreign currency denominated assets4 19,302 805 6,219 637 1,962 4,233 688 1,055 483 114 254 548 2,304 Other assets5 44,335 1,138 20,226 939 1,732 4,016 4,234 2,668 917 570 906 2,233 4,757 Interdistrict settlement account 0 - 648 + 110,199 - 13,437 - 35,752 - 20,002 - 29,010 + 9,825 - 4,904 + 2,753 + 8,252 - 9,890 - 17,386 Total assets 6,707,419 169,281 3,503,385 120,618 224,487 535,506 443,075 430,293 106,664 60,774 92,669 319,889 700,778 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 22, 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 2,402,080 83,685 745,342 63,449 116,076 170,595 354,657 123,526 78,226 39,967 50,643 216,574 359,342 Reverse repurchase agreements6 325,124 8,126 165,214 6,463 12,555 26,812 22,796 20,377 5,373 2,794 4,050 15,938 34,626 Deposits 4,168,380 79,474 2,717,101 52,968 100,988 367,810 62,930 306,121 21,631 18,035 38,675 85,765 316,882 Depository institutions 2,914,576 79,460 1,643,591 52,967 100,957 366,694 62,918 127,231 21,610 17,981 38,648 85,667 316,851 U.S. Treasury, General Account 1,007,172 0 1,007,172 0 0 0 0 0 0 0 0 0 0 Foreign official 9,441 2 9,414 1 4 9 1 2 1 0 1 1 5 Other7 237,190 12 56,924 0 26 1,108 10 178,888 20 54 26 96 26 Earnings remittances due to the U.S. Treasury8 -243,057 -5,591 -141,493 -4,005 -10,340 -40,757 140 -22,841 25 -508 -1,548 70 -16,208 Treasury contributions to credit facilities9 821 821 0 0 0 0 0 0 0 0 0 0 0 Other liabilities and accrued dividends 7,580 822 2,262 211 319 985 790 553 272 202 218 316 630 Total liabilities 6,660,927 167,336 3,488,427 119,086 219,597 525,445 441,313 427,737 105,526 60,490 92,037 318,662 695,272 Capital Capital paid in 39,706 1,662 12,773 1,309 4,200 8,573 1,521 2,186 968 244 542 1,034 4,696 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 6,707,419 169,281 3,503,385 120,618 224,487 535,506 443,075 430,293 106,664 60,774 92,669 319,889 700,778 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 22, 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 22, 2026 Federal Reserve notes outstanding 2,823,882 Less: Notes held by F.R. Banks not subject to collateralization 421,802 Federal Reserve notes to be collateralized 2,402,080 Collateral held against Federal Reserve notes 2,402,080 Gold certificate account 11,037 Special drawing rights certificate account 15,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 2,375,843 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 6,415,894 Less: Face value of securities under reverse repurchase agreements 365,276 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 6,050,618 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. ```