The Federal Reserve's Overnight and Term Reverse Repurchase Agreement Operations in the Financial Accounts of the United States, Accessible Data
PrintAccessible version of figures
Figure 1: Quarter-end Take-up in Federal Reserve RRP operations
This bar chart shows the quarter-end take-up from the third quarter of 2013 to the fourth quarter of 2014. The quarterly take-up increased continuously from about $50 billion in the third quarter of 2013 to almost $340 billion in the second quarter of 2014. In the third quarter of 2014 the take-up decreased to $300 billion and increased in the fourth quarter of 2014 to almost $400 billion. The fourth quarter of 2014 includes overnight and term repo.
Note. 2014 Q4 includes overnight and term repo.
Figure 2. Reverse Repurchase Agreement Accounting
This figure features two accounts: 1) a monetary authority account and 2) a RRP counterparty account. The liability side of the monetary authority account shows an increase in repo liabilities by $100 and a decrease of depository institution reserves by $100. The asset side of the RRP counterparty account shows an increase in repo assets by $100 and a decline of reserves by $100.
Figure 3. Quarter-end RRP Take-up by Type of Financial Institution
This bar charts show the composition of take-up by institution type from the third quarter of 2013 to the third quarter of 2014. In all quarters, the money market funds account for more than 80 percent of the take-up. Government-sponsored enterprises account for about 7 percent of the take-up in fourth quarter of 2013 and in the first and second quarter of 2014. Primary dealers’ share of the take-up was only significant at about 10 percent in the fourth quarter of 2013, and the banks’ share of the take-up was neglectable at each quarter-end.