Financial Accounts of the United States - Z.1
F.207 Federal Funds and Security Repurchase Agreements (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2015 | 2016 | 2016 Q1 | 2016 Q2 | 2016 Q3 | 2016 Q4 | 2017 Q1 | 2017 Q2 | 2017 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; federal funds and security repurchase agreements; liability | FA892150005 | 49.8 | 94.5 | -408.2 | 583.5 | 566 | -363.4 | -216.2 | 670.7 | -588.4 | 1 |
| Monetary authority; security repurchase agreements; liability | FA712151003 | 202.6 | 12.8 | -647.4 | -26.8 | 484.8 | 240.7 | -499.7 | 198.8 | -372.8 | 2 |
| U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; liability | FA762150005 | -39.4 | -34.2 | -12.3 | -38.5 | -16.1 | -70 | -16.2 | 17.6 | 16 | 3 |
| U.S.-chartered depository institutions, including IBFs; federal funds; liability (2) | FA762152005 | 0.8 | -6.5 | 1.1 | -45.4 | 16.5 | 1.9 | -8.3 | 11.8 | 30 | 4 |
| U.S.-chartered depository institutions, including IBFs; security repurchase agreements; liability | FA762151005 | -40.1 | -27.8 | -13.5 | 6.9 | -32.7 | -71.9 | -7.9 | 5.9 | -14 | 5 |
| Foreign banking offices in the U.S., including IBFs; federal funds and security repurchase agreements; liability | FA752150005 | 35.3 | 66.7 | 3.6 | 88.3 | 58.3 | 116.6 | 30.3 | 142 | 132.2 | 6 |
| Foreign banking offices in the U.S., including IBFs; federal funds; liability (2) | FA752152005 | -0.3 | 6.9 | 30.5 | 1.3 | 16.8 | -21 | 54.2 | 0.1 | 58.9 | 7 |
| Foreign banking offices in the U.S., including IBFs; security repurchase agreements; liability | FA752151005 | 35.6 | 59.8 | -26.8 | 87 | 41.5 | 137.6 | -23.8 | 141.8 | 73.4 | 8 |
| Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions; liability | FA472150053 | 0 | -0 | 0 | -0 | -0.1 | 0 | -0 | 0 | 0 | 9 |
| Property-casualty insurance companies; security repurchase agreements; liability | FA512151003 | 0.4 | -1 | -3.7 | -0.1 | -0.1 | -0.1 | 0.1 | 0.1 | 0.1 | 10 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FA542151073 | -0.5 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 3.6 | -1 | 0.8 | 11 |
| Government-sponsored enterprises; federal funds and security repurchase agreements; liability | FA402150005 | -0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 |
| Mortgage real estate investment trusts; security repurchase agreements; liability | FA642151073 | -45.5 | -10.1 | -0.8 | -58.5 | 9.9 | 8.9 | 24.1 | 11.5 | 106.9 | 13 |
| Security brokers and dealers; security repurchase agreements; liability | FA662151003 | -179.4 | -55.2 | -8.9 | 227.5 | 52.6 | -491.9 | 187.2 | 329.3 | -363.2 | 14 |
| Holding companies; security repurchase agreements; liability | FA732151003 | 0.1 | -0 | -0.1 | -0 | 0 | -0 | -0.1 | -0.1 | 0.1 | 15 |
| Rest of the world; security repurchase agreements; liability | FA262151003 | 76.3 | 115.3 | 261.2 | 391.5 | -23.6 | -167.8 | 54.6 | -27.6 | -108.6 | 16 |
| All sectors; federal funds and security repurchase agreements; asset | FA892050005 | -76.4 | 154.4 | -277.7 | 694.7 | 922.4 | -721.8 | 290.5 | 823.6 | -448.3 | 17 |
| Nonfinancial corporate business; security repurchase agreements; asset | FA102051003 | 6.4 | 12.3 | -12.8 | -4.8 | 73.9 | -7.2 | -25.5 | -11.7 | -22.2 | 18 |
| State and local governments, excluding employee retirement funds; security repurchase agreements; asset | FA212051003 | 5.4 | 7.1 | 3.5 | 5 | 12.1 | 7.9 | 4.3 | -0.2 | 10.4 | 19 |
| Monetary authority; security repurchase agreements; asset | FA712051000 | 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 | 24.8 | 8.7 | -16.8 | 40 | 75.2 | -63.7 | -114 | 138 | -145.2 | 21 |
| U.S.-chartered depository institutions, including IBFs; federal funds; asset (2) | FA762052005 | -11.2 | 1.9 | 9.9 | -13.5 | 6.4 | 4.6 | 14.6 | -33.3 | 33.9 | 22 |
| U.S.-chartered depository institutions, including IBFs; security repurchase agreements; asset | FA762051005 | 36 | 6.8 | -26.8 | 53.5 | 68.8 | -68.4 | -128.5 | 171.3 | -179.1 | 23 |
| Foreign banking offices in the U.S. including IBFs; federal funds and security repurchase agreements; asset | FA752050005 | 0.4 | -25.4 | -50.8 | -9.7 | 5.4 | -46.7 | 16.2 | 59.2 | 113.3 | 24 |
| Foreign banking offices in the U.S., including IBFs; federal funds; asset (2) | FA752052005 | -0.4 | -0.2 | -0.2 | 0 | 0.6 | -1.3 | -0.7 | 1.6 | -1.4 | 25 |
| Foreign banking offices in the U.S., including IBFs; security repurchase agreements; asset | FA752051005 | 0.8 | -25.2 | -50.5 | -9.7 | 4.9 | -45.4 | 16.9 | 57.6 | 114.7 | 26 |
| Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions (net of liabilities before 2002:Q4); asset | FA472050053 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27 |
| Credit unions; federal funds held by Corporate Credit Unions; asset | FA472052053 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28 |
| Credit unions; security repurchase agreements held by Corporate Credit Unions; asset | FA472051053 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29 |
| Property-casualty insurance companies; security repurchase agreements; asset | FA512051003 | 0 | -0.4 | -2 | -0.2 | 0.8 | -0.3 | 0.2 | 0.2 | 0.5 | 30 |
| Life insurance companies, general accounts; security repurchase agreements; asset | FA542051073 | -0.5 | -0.3 | 0.6 | -0.4 | -0.3 | -1.2 | 0.4 | -0.1 | 0.1 | 31 |
| Private pension funds; security repurchase agreements; asset | FA572051005 | -0.4 | -0.1 | -0.1 | -0 | -0.1 | -0.2 | -0.2 | -0 | -0.1 | 32 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | 0.1 | 1.2 | -0.4 | 1.1 | 1.3 | 2.6 | -0.6 | -0.6 | 0.7 | 33 |
| Money market mutual funds; security repurchase agreements; asset | FA632051000 | 44.8 | 100.9 | -210.8 | 147.8 | 744.4 | -277.9 | 240.8 | 312.5 | -50.6 | 34 |
| Mutual funds; security repurchase agreements; asset | FA652051003 | -12.4 | 2.3 | 20.5 | -10.1 | 1 | -1.9 | 37.6 | -7.6 | 12.1 | 35 |
| Government-sponsored enterprises; federal funds and security repurchase agreements; asset | FA402050005 | 20.2 | 2.1 | -92 | 19.9 | 29.6 | 51.1 | 90.8 | -21.6 | 2.8 | 36 |
| Government-sponsored enterprises; federal funds held by FHLB; asset (3) | FA402052033 | -10.4 | 6.3 | 28.1 | -14.9 | 50 | -38.2 | 119.1 | -15.2 | 60.1 | 37 |
| Security brokers and dealers; security repurchase agreements; asset | FA662051003 | -19.5 | -20.6 | -71.9 | 328.4 | 27.4 | -366.3 | -55.1 | 263 | -244.4 | 38 |
| Holding companies; security repurchase agreements; asset | FA732051003 | -0.4 | -0.1 | 3.4 | 0.7 | -3.4 | -1 | 7.7 | 29.1 | -0.3 | 39 |
| Funding corproations; security repurchase agreements; asset | FA502051003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40 |
| Rest of the world; security repurchase agreements; asset | FA262051003 | -145.3 | 66.8 | 152 | 176.9 | -44.9 | -16.8 | 87.9 | 63.4 | -125.4 | 41 |
| Instrument discrepancies; federal funds and security repurchase agreements | FA902050005 | 126.1 | -59.9 | -130.5 | -111.1 | -356.5 | 358.4 | -506.7 | -152.9 | -140.2 | 42 |
| Monetary authority; security repurchase agreements, reverse repurchase agreement operations; liability (4) | FA712151103 | 77.9 | -6.2 | -683 | -100.2 | 534.9 | 223.3 | -486 | 208.1 | -331.1 | 43 |
| Money market mutual funds; security repurchase agreements (Federal Reserve reverse repurchase agreement operations); asset (5) | FA632051103 | 52.8 | -20.6 | -625.2 | -99.6 | 566.3 | 76.3 | -298.5 | 136.1 | -257.3 | 44 |
| Domestic financial sectors, excluding money market mutual funds; security repurchase agreements (Federal Reserve Reverse Repurchase Agreement Operational Exercise); asset (6) | FA792051115 | 25.1 | 14.3 | -57.7 | -0.6 | -31.4 | 147 | -187.5 | 72 | -73.8 | 45 |
NOTES
- 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.
- Excludes term federal funds.
- Includes term federal funds.
- Included in line 2.
- Included in line 34.
- Includes banks (consolidated), government-sponsored enterprises, and primary dealers.
Last Update: December 7, 2017