The Fed's balance sheet for the November 16 week declined $8.2 billion after rebounding $17.7 billion the prior period. The latest decrease was led by a $7.3 billion drop in holdings of mortgage-backed securities. Also declining were "other assets" (largely those denominated in foreign currencies) and net portfolio holdings of Maiden Lane LLC, down $6.0 billion and $2.4 billion, respectively. Purchases of Treasuries were $7.7 billion, following a $13.9 billion boost the week before. Total assets for the November 16 week fell to $2.834 trillion.
Reserve Bank credit for the November 16 week rose $8.4 billion, following a $6.0 billion decrease the prior period.
Note: Total assets in the Fed's H.4.1 report are Wednesday levels while Reserve Bank credit is an average of daily figures for the week ending on the same Wednesday. Changes in total assets are from Wednesday to Wednesday while changes in Reserve Bank credit are for weekly averages.