Highlights
Today's report was delayed by the Fed until 5:15 p.m. ET. For factors affecting reserve balances at depository institutions, Reserve Bank credit fell $12.9 billion for the week ended October 14, following a decline of $0.7 billion the previous week. Weakness was led by a $22.9 billion drop in term auction credit and a $6.2 billion decline in central bank liquidity swaps. Securities held outright were up by $13.2 billion, of which $10.3 billion were mortgage-backed securities, $1.7 billion in longer-term Treasury notes and bonds, and $1.1 billion in agency debt.

However, total assets of all Federal Reserve Banks spiked $54.7 billion for the week ended October 14, following a $2.9 billion dip the prior week. The boost in total assets was led by a $70.7 billion surge in holdings of mortgage-back securities with term auction credit being the largest offset with a $22.9 billion drop. Total assets include some assets not associated with depository institutions.