Board of Governors of the Federal Reserve System

Financial Accounts of the United States - Z.1

F.207 Federal Funds and Security Repurchase Agreements

2016:Q2 Release Date: September 16, 2016

Billions of dollars; quarterly figures are seasonally adjusted annual rates


Description		 Series code 2010
2011
2012
2013
2014
2015
2015
Q2		 2015
Q3		 2015
Q4		 2016
Q1		 2016
Q2
Line
All sectors; federal funds and security repurchase agreements; liability FA892150005 421.3 280.7 244.6 -491.1 25.0 49.8 -247.4 599.7 -408.0 -411.3 626.8 1
Monetary authority; security repurchase agreements; liability FA712151003 -18.0 40.2 7.3 208.7 193.9 202.6 85.2 331.7 285.3 -647.4 -26.8 2
U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; liability FA762150005 -48.1 -81.5 -52.6 -80.5 -33.2 -39.4 -9.8 -81.2 -36.4 -12.4 -38.3 3
U.S.-chartered depository institutions, including IBFs; federal funds; liability FA762152005 ND ND ND -11.0 -19.7 0.8 22.0 -17.8 38.7 1.1 -45.3 4
U.S.-chartered depository institutions, including IBFs; security repurchase agreements; liability FA762151005 ND ND ND -69.5 -13.5 -40.1 -31.8 -63.4 -75.1 -13.5 6.9 5
Foreign banking offices in the U.S., including IBFs; federal funds and security repurchase agreements; liability FA752150005 54.8 54.4 20.6 -12.3 58.6 35.3 22.4 3.4 149.7 -17.0 91.1 6
Foreign banking offices in the U.S., including IBFs; federal funds; liability FA752152005 -75.7 -9.9 -2.6 -2.6 8.3 -0.3 -63.3 16.9 -0.1 30.4 1.3 7
Foreign banking offices in the U.S., including IBFs; security repurchase agreements; liability FA752151005 130.6 64.3 23.3 -9.7 50.2 35.6 85.6 -13.5 149.8 -47.4 89.8 8
Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions; liability FA472150053 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 -0.0 0.0 -0.0 9
Property-casualty insurance companies; security repurchase agreements; liability FA512151003 0.8 1.7 -1.0 -0.6 -0.4 0.4 0.0 0.6 0.5 0.9 1.0 10
Life insurance companies, general accounts; security repurchase agreements; liability FA542151073 -2.2 1.9 2.3 6.5 1.0 0.9 1.2 -0.1 1.5 0.4 1.3 11
Government-sponsored enterprises; federal funds and security repurchase agreements; liability FA402150005 0.1 -0.9 -0.4 0.0 0.1 -0.1 -0.3 0.5 -0.5 0.0 0.0 12
Mortgage real estate investment trusts; security repurchase agreements; liability FA642151073 29.9 97.7 102.4 -65.0 10.0 -45.5 -52.9 -79.9 -36.4 0.8 -11.9 13
Security brokers and dealers; security repurchase agreements; liability FA662151003 195.9 70.5 131.2 -439.3 -220.9 -179.4 -219.8 53.7 -501.7 -8.9 227.5 14
Holding companies; security repurchase agreements; liability FA732151003 0.2 0.4 -1.2 -0.0 -0.0 0.1 0.1 0.1 0.0 -0.1 -0.0 15
Rest of the world; security repurchase agreements; liability FA262151003 207.9 96.4 36.0 -108.6 16.0 74.9 -73.4 370.9 -270.0 272.3 383.0 16
All sectors; federal funds and security repurchase agreements; asset FA892050005 379.4 247.5 211.7 -418.2 135.7 -66.3 -189.1 462.6 -560.1 -345.3 698.7 17
Nonfinancial corporate business; security repurchase agreements; asset FA102051003 4.3 0.4 -2.9 -1.0 12.9 4.4 6.5 5.7 2.9 -12.6 -5.0 18
State and local governments, excluding employee retirement funds; security repurchase agreements; asset FA212051003 -1.0 -4.6 4.3 0.9 5.8 9.9 3.8 11.9 12.0 3.1 6.0 19
Monetary authority; security repurchase agreements; asset FA712051000 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20
U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; asset FA762050005 0.7 -25.0 60.1 -87.2 -30.4 24.8 -24.8 13.6 -10.0 -16.8 40.1 21
U.S.-chartered depository institutions, including IBFs; federal funds; asset FA762052005 ND ND ND -11.1 -16.4 -11.2 -12.0 -12.7 0.4 9.9 -13.4 22
U.S.-chartered depository institutions, including IBFs; security repurchase agreements; asset FA762051005 ND ND ND -76.2 -14.0 36.0 -12.8 26.3 -10.3 -26.8 53.5 23
Foreign banking offices in the U.S. including IBFs; federal funds and security repurchase agreements; asset FA752050005 20.3 31.7 58.2 -1.2 41.1 0.4 43.0 -48.2 80.1 -50.8 -9.7 24
Foreign banking offices in the U.S., including IBFs; federal funds; asset FA752052005 -1.8 1.5 -0.8 -1.7 -0.0 -0.4 0.7 -2.0 0.6 -0.2 0.0 25
Foreign banking offices in the U.S., including IBFs; security repurchase agreements; asset FA752051005 22.1 30.2 58.9 0.5 41.1 0.8 42.3 -46.2 79.5 -50.5 -9.7 26
Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions (net of liabilities before 2002:Q4); asset FA472050053 -0.1 15.9 -6.2 -9.6 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 27
Credit unions; federal funds held by Corporate Credit Unions; asset FA472052053 ND 15.9 -6.3 -9.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28
Credit unions; security repurchase agreements held by Corporate Credit Unions; asset FA472051053 ND 0.0 0.1 -0.0 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 29
Property-casualty insurance companies; security repurchase agreements; asset FA512051003 -0.7 -1.4 -0.8 0.0 0.1 0.0 -0.1 0.1 -0.0 -0.3 0.0 30
Life insurance companies, general accounts; security repurchase agreements; asset FA542051073 0.7 -4.7 2.1 -5.3 0.4 5.1 -1.6 6.6 -4.4 -2.3 -0.5 31
Private pension funds; security repurchase agreements; asset FA572051005 -0.2 0.0 -0.3 0.4 0.2 -0.2 -0.2 -0.3 -0.2 -0.3 -0.3 32
State and local government employee defined benefit retirement funds; security repurchase agreements; asset FA222051043 0.3 0.1 -0.3 0.2 0.3 0.0 0.2 -0.2 -0.1 -0.7 0.0 33
Money market mutual funds; security repurchase agreements; asset FA632051000 -0.6 11.7 54.1 -53.2 152.9 44.8 11.2 110.6 6.8 -276.3 146.2 34
Mutual funds; security repurchase agreements; asset FA652051003 -2.8 15.0 6.3 22.3 9.9 -12.4 -16.6 -22.9 -4.8 20.5 -6.9 35
Government-sponsored enterprises; federal funds and security repurchase agreements; asset FA402050005 20.7 -38.9 38.6 1.5 10.3 20.2 -68.5 31.9 135.5 -92.0 19.9 36
Government-sponsored enterprises; federal funds held by FHLB; asset FA402052033 21.3 -34.7 2.9 -14.5 23.3 -10.4 -3.6 -42.5 45.5 28.1 -14.9 37
Security brokers and dealers; security repurchase agreements; asset FA662051003 243.4 154.6 55.1 -317.2 -168.2 -19.5 129.6 289.7 -441.5 -71.9 328.4 38
Holding companies; security repurchase agreements; asset FA732051003 2.1 0.2 -49.3 -2.8 -5.1 -0.4 7.3 -14.5 -7.3 3.4 0.7 39
Funding corproations; security repurchase agreements; asset FA502051003 0.0 0.0 0.0 -0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40
Rest of the world; security repurchase agreements; asset FA262051003 92.4 92.6 -7.2 34.1 105.6 -143.4 -278.8 78.6 -329.1 151.7 179.7 41
Instrument discrepancies; federal funds and security repurchase agreements FA902050005 42.0 33.2 32.9 -72.9 -110.7 116.1 -58.4 137.1 152.1 -66.0 -71.9 42
Monetary authority; security repurchase agreements, reverse repurchase agreement operations; liability FA712151103 0.0 0.0 0.0 197.8 199.0 77.9 56.4 228.0 99.9 -683.0 -100.2 43
Money market mutual funds; security repurchase agreements (Federal Reserve reverse repurchase agreement operations); asset FA632051103 0.0 0.0 0.0 163.3 207.9 52.8 107.5 169.1 38.3 -625.2 -99.6 44
Domestic financial sectors, excluding money market mutual funds; security repurchase agreements (Federal Reserve Reverse Repurchase Agreement Operational Exercise); asset FA792051115 0.0 0.0 0.0 34.5 -9.0 25.1 -51.1 59.0 61.6 -57.7 -0.6 45

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NOTES

  1. Detailed data on federal funds and security repurchase agreements are only available beginning 2012:Q1 for U.S.-chartered despository institutions, 2003:Q1 for foreign banking offices in U.S., 2010:Q4 for credit unions, and 2000:Q1 for FHLB.
  2. Excludes term federal funds.
  3. Includes term federal funds.
  4. Reverse repurchase agreements (RRPs) conducted as part of the Federal Reserve's Overnight RRP Operational Exercise (beginning 2013:Q3) and term RRP operations (beginning 2014:Q4).
  5. Included in line 2.
  6. Included in line 34.
  7. Includes banks (consolidated), government-sponsored enterprises, and primary dealers.
Last update: September 16, 2016