Federal Reserve Statistical Release, Z.1,
 Flow of Funds Accounts of the United States; title with eagle logo links to Statistical Release home page

Release Date: December 6, 2012
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L.105.c Consolidated Statement for Federal, State, and Local Governments
Billions of dollars; amounts outstanding end of period, not seasonally adjusted

Description
2008
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2011
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2011
Q3
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2012
Q1
2012
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Q3

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Consolidated governments; total financial assets 3079.0 3128.7 3342.9 3030.1 3148.1 3141.2 3033.6 3030.1 2978.4 3031.7 3089.9 1
Federal government; U.S. official reserve assets 41.9 94.6 95.4 103.9 102.1 105.9 105.0 103.9 104.5 103.1 104.7 2
Consolidated governments; checkable deposits and currency; asset 433.6 278.5 433.6 191.7 207.5 230.8 151.8 191.7 146.7 191.8 180.6 3
Consolidated governments; total time and savings deposits; asset 266.6 277.8 277.4 295.2 280.4 276.0 281.7 295.2 313.3 308.3 321.0 4
State and local governments, excluding employee retirement funds; money market mutual fund shares; asset 113.3 122.0 129.7 126.3 129.8 129.8 127.5 126.3 125.4 124.2 126.5 5
State and local governments, excluding employee retirement funds; federal funds and security repurchase agreements; asset 117.2 113.2 107.9 99.6 105.1 102.4 100.5 99.6 98.9 98.0 99.8 6
Consolidated governments; credit market instruments; asset 1157.5 1354.9 1481.1 1442.4 1510.9 1486.7 1470.6 1442.4 1437.2 1448.1 1509.7 7
State and local governments, excluding employee retirement funds; commercial paper; asset 57.4 -16.0 44.1 68.0 55.0 65.9 63.9 68.0 67.1 66.1 68.1 8
Consolidated governments; agency- and GSE-backed securities; asset 485.8 596.1 532.9 367.8 511.9 466.9 421.0 367.8 327.4 322.2 339.8 9
State and local governments, excluding employee retirement funds; municipal securities and loans; asset 9.4 10.3 11.1 10.9 11.1 11.2 11.0 10.9 10.8 10.7 10.9 10
Consolidated governments; corporate and foreign bonds; asset 137.8 141.2 143.0 135.9 141.4 139.7 137.1 135.9 134.9 133.6 136.0 11
Consolidated governments; total mortgages; asset 263.7 280.5 274.2 271.5 275.0 274.7 271.6 271.5 271.3 270.2 274.1 12
Federal government; consumer credit, student loans; asset 104.3 178.6 308.8 417.4 347.5 362.4 398.5 417.4 452.6 470.7 509.5 13
Consolidated governments; other loans and advances; asset 99.1 164.3 167.0 171.0 169.1 165.9 167.4 171.0 173.2 174.6 171.3 14
Consolidated governments; corporate equities; asset 249.1 148.1 127.6 129.8 138.0 139.9 131.9 129.8 119.6 114.4 113.3 15
State and local governments, excluding employee retirement funds; mutual fund shares; asset 36.1 37.5 38.6 37.1 38.4 38.1 37.4 37.1 36.8 36.5 37.1 16
Consolidated governments; trade receivables; asset 112.4 72.6 52.6 47.7 49.5 47.0 48.2 47.7 49.0 50.6 49.4 17
Consolidated governments; taxes receivable; asset 237.3 245.0 249.0 263.9 251.3 260.0 261.2 263.9 268.2 272.8 273.4 18
Consolidated governments; total miscellaneous assets 313.9 384.4 350.0 292.4 335.1 324.5 317.9 292.4 278.8 283.9 274.4 19
Consolidated governments; total liabilities 10797.1 12445.9 14236.9 15456.0 14501.8 14501.6 15029.8 15456.0 15860.1 16081.3 16331.6 20
Federal government; special drawing rights (SDRs) allocations; liability 7.5 55.4 54.4 54.2 56.0 56.5 55.2 54.2 54.7 53.6 54.5 21
Monetary authority; SDR certificates issued by federal government; asset 2.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 22
Federal government; Treasury currency; liability 26.6 26.2 25.9 25.9 25.9 25.9 25.9 25.9 25.9 25.9 25.9 23
Consolidated governments; credit market instruments; liability 8677.5 10213.1 11870.5 12938.3 12123.5 12199.3 12598.6 12938.3 13339.5 13538.1 13757.4 24
Federal government; U.S. savings bonds; liability 194.0 191.2 187.9 185.2 186.8 186.0 185.1 185.2 184.7 184.3 183.6 25
Federal government; Treasury securities, excluding U.S. savings bonds and Treasury securities held by state and local governments; liability 5617.5 7043.5 8634.9 9757.9 8908.7 9019.4 9429.6 9757.9 10159.3 10351.7 10579.7 26
Federal government; budget agency securities; liability 23.3 23.5 24.2 25.3 24.5 24.5 25.0 25.3 24.4 24.5 24.4 27
State and local governments, excluding employee retirement funds; municipal securities and loans; liability 2842.7 2954.9 3023.6 2970.0 3003.6 2969.4 2958.9 2970.0 2970.9 2977.7 2969.7 28
Federal government; multifamily residential mortgages; liability 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29
Consolidated governments; trade payables; liability 853.4 836.9 883.1 944.4 907.6 923.7 937.6 944.4 964.4 978.6 990.9 30
Federal government; life insurance reserves; liability 46.4 47.5 48.4 49.7 48.5 48.9 49.2 49.7 49.8 50.2 50.1 31
Federal government; total miscellaneous liabilities, including nonmarketable government securities held by federal government retirement funds 1183.5 1261.6 1349.4 1438.3 1335.1 1242.0 1358.1 1438.3 1420.6 1429.6 1447.6 32


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