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 | 2016 | 2017 | 2017 Q1 | 2017 Q2 | 2017 Q3 | 2017 Q4 | 2018 Q1 | 2018 Q2 | 2018 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; federal funds and security repurchase agreements; liability | FA892150005 | 94.7 | 32.5 | -188.4 | 658.1 | -599.1 | 259.5 | -1378.6 | 365.9 | -105.6 | 1 |
| Monetary authority; security repurchase agreements; liability | FA712151003 | 12.8 | -161.3 | -499.7 | 198.8 | -372.8 | 28.7 | -1162.3 | 273.0 | -250.7 | 2 |
| U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; liability | FA762150005 | -34.2 | 7.9 | -16.2 | 17.6 | 16.0 | 14.2 | -54.5 | 4.5 | -7.2 | 3 |
| U.S.-chartered depository institutions, including IBFs; federal funds; liability (2) | FA762152005 | -6.5 | 13.2 | -8.3 | 11.8 | 30.0 | 19.2 | -8.2 | 0.4 | 11.8 | 4 |
| U.S.-chartered depository institutions, including IBFs; security repurchase agreements; liability | FA762151005 | -27.8 | -5.3 | -7.9 | 5.9 | -14.0 | -5.0 | -46.3 | 4.2 | -19.0 | 5 |
| Foreign banking offices in the U.S., including IBFs; federal funds and security repurchase agreements; liability | FA752150005 | 66.7 | 88.3 | 61.1 | 129.6 | 121.5 | 41.0 | -95.3 | -112.8 | -60.5 | 6 |
| Foreign banking offices in the U.S., including IBFs; federal funds; liability (2) | FA752152005 | 6.9 | 3.3 | 54.2 | 0.1 | 58.9 | -100.0 | 37.2 | -57.6 | -21.1 | 7 |
| Foreign banking offices in the U.S., including IBFs; security repurchase agreements; liability | FA752151005 | 59.8 | 85.0 | 6.9 | 129.4 | 62.6 | 141.0 | -132.4 | -55.2 | -39.4 | 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 | 9 |
| Property-casualty insurance companies; security repurchase agreements; liability | FA512151003 | -1.0 | -0.0 | -0.0 | -0.1 | 0.1 | -0.1 | -0.2 | -0.2 | -0.0 | 10 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FA542151073 | 0.2 | -0.3 | 0.2 | 2.4 | -2.3 | -1.3 | -8.9 | -4.8 | 3.6 | 11 |
| Government-sponsored enterprises; federal funds and security repurchase agreements; liability | FA402150005 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 12 |
| Mortgage real estate investment trusts; security repurchase agreements; liability | FA642151073 | -10.6 | 51.2 | 24.2 | 13.9 | 99.4 | 67.4 | -4.9 | -10.6 | 115.9 | 13 |
| Security brokers and dealers; security repurchase agreements; liability | FA662151003 | -55.2 | 79.4 | 187.2 | 329.3 | -363.2 | 164.3 | -6.4 | 256.3 | 122.4 | 14 |
| Holding companies; security repurchase agreements; liability | FA732151003 | -0.0 | -0.0 | -0.1 | -0.1 | 0.1 | -0.0 | 0.5 | -0.0 | -0.5 | 15 |
| Rest of the world; security repurchase agreements; liability | FA262151003 | 115.9 | -32.7 | 55.0 | -33.4 | -98.1 | -54.5 | -46.5 | -39.5 | -28.7 | 16 |
| All sectors; federal funds and security repurchase agreements; asset | FA892050005 | 120.9 | 263.9 | 268.2 | 679.4 | -331.6 | 439.5 | -539.1 | 266.6 | -134.4 | 17 |
| Nonfinancial corporate business; security repurchase agreements; asset | FA102051003 | 23.0 | -35.8 | -30.4 | -97.0 | -40.3 | 24.4 | -89.1 | -23.1 | -1.5 | 18 |
| State and local governments, excluding employee retirement funds; security repurchase agreements; asset | FA212051003 | 1.3 | -3.4 | -2.3 | -12.2 | -3.8 | 5.0 | -19.8 | 12.0 | -13.0 | 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 | 20 |
| U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; asset | FA762050005 | 8.7 | 4.0 | -114.0 | 138.0 | -145.4 | 137.3 | 73.8 | -45.6 | 31.0 | 21 |
| U.S.-chartered depository institutions, including IBFs; federal funds; asset (2) | FA762052005 | 1.9 | 3.2 | 14.6 | -33.3 | 33.7 | -2.2 | 1.1 | -13.4 | -4.3 | 22 |
| U.S.-chartered depository institutions, including IBFs; security repurchase agreements; asset | FA762051005 | 6.8 | 0.8 | -128.5 | 171.3 | -179.1 | 139.5 | 72.7 | -32.2 | 35.3 | 23 |
| Foreign banking offices in the U.S. including IBFs; federal funds and security repurchase agreements; asset | FA752050005 | -25.4 | 76.6 | 16.2 | 59.2 | 113.3 | 117.6 | -21.0 | 104.3 | 58.9 | 24 |
| Foreign banking offices in the U.S., including IBFs; federal funds; asset (2) | FA752052005 | -0.2 | 0.3 | -0.7 | 1.6 | -1.4 | 1.5 | 0.3 | 0.5 | 0.2 | 25 |
| Foreign banking offices in the U.S., including IBFs; security repurchase agreements; asset | FA752051005 | -25.2 | 76.3 | 16.9 | 57.6 | 114.7 | 116.1 | -21.3 | 103.8 | 58.7 | 26 |
| Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions (net of liabilities before 2002:Q4); asset | FA472050053 | 0.0 | 0.1 | 0.0 | 0.2 | 0.2 | -0.0 | 0.4 | 0.6 | 0.3 | 27 |
| Credit unions; federal funds held by Corporate Credit Unions; asset | FA472052053 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.6 | 0.0 | 28 |
| Credit unions; security repurchase agreements held by Corporate Credit Unions; asset | FA472051053 | 0.0 | 0.1 | 0.0 | 0.2 | 0.2 | -0.0 | 0.4 | 0.0 | 0.3 | 29 |
| Property-casualty insurance companies; security repurchase agreements, including those held by U.S. residual market reinsurers; asset | FA512051005 | -0.1 | 0.0 | -0.1 | -0.1 | 0.1 | 0.2 | -0.9 | -0.6 | -0.0 | 30 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FA542051075 | -0.4 | -0.4 | 0.0 | -0.5 | -0.3 | -1.0 | -0.9 | -0.5 | 0.3 | 31 |
| Private pension funds; security repurchase agreements; asset | FA572051005 | -0.1 | -0.1 | -0.3 | -0.1 | -0.1 | -0.0 | -0.4 | -0.4 | -0.2 | 32 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | 1.0 | -0.7 | -0.8 | -0.3 | -0.6 | -1.2 | -1.0 | -0.2 | -0.8 | 33 |
| Money market funds; security repurchase agreements; asset | FA632051000 | 80.9 | 154.8 | 230.2 | 269.7 | 25.1 | 94.4 | -493.2 | 429.5 | 6.2 | 34 |
| Mutual funds; security repurchase agreements; asset | FA652051003 | 2.3 | 14.0 | 37.6 | -7.6 | 26.0 | -0.1 | -13.8 | -20.1 | -5.8 | 35 |
| Government-sponsored enterprises; federal funds and security repurchase agreements; asset | FA402050005 | 2.1 | 10.6 | 90.8 | -21.6 | 2.8 | -29.7 | 92.6 | -104.0 | 8.0 | 36 |
| Government-sponsored enterprises; federal funds held by FHLB; asset (3) | FA402052033 | 6.3 | 16.9 | 119.1 | -15.2 | 60.1 | -96.5 | 111.2 | -18.6 | -63.8 | 37 |
| Security brokers and dealers; security repurchase agreements; asset | FA662051003 | -20.6 | -3.7 | -55.1 | 263.0 | -244.4 | 21.8 | 18.9 | 89.6 | 114.3 | 38 |
| Holding companies; security repurchase agreements; asset | FA732051003 | -0.0 | 4.9 | 8.4 | 27.7 | -0.2 | -16.3 | -4.3 | -4.5 | 1.9 | 39 |
| Funding corproations; security repurchase agreements; asset | FA502051003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 40 |
| Rest of the world; security repurchase agreements; asset | FA262051003 | 48.2 | 43.0 | 87.9 | 61.0 | -63.9 | 87.1 | -80.4 | -170.5 | -333.9 | 41 |
| Instrument discrepancies; federal funds and security repurchase agreements | FA902050005 | -26.2 | -231.4 | -456.6 | -21.3 | -267.6 | -180.0 | -839.4 | 99.3 | 28.8 | 42 |
| Monetary authority; security repurchase agreements, reverse repurchase agreement operations; liability (4) | FA712151103 | -6.2 | -148.8 | -486.0 | 208.1 | -331.1 | 14.0 | -1148.9 | 258.4 | -194.2 | 43 |
| Money market funds; security repurchase agreements (Federal Reserve reverse repurchase agreement operations); asset (5) | FA632051103 | -20.6 | -115.3 | -298.5 | 136.1 | -257.3 | -41.4 | -1062.1 | 264.8 | -175.5 | 44 |
| Domestic financial sectors, excluding money market funds; security repurchase agreements (Federal Reserve Reverse Repurchase Agreement Operational Exercise); asset (6) | FA792051115 | 14.3 | -33.5 | -187.5 | 72.0 | -73.8 | 55.4 | -86.9 | -6.3 | -18.7 | 45 |
NOTES
- Detailed data on federal funds and security repurchase agreements are available beginning 2012:Q1 for U.S.-chartered despository institutions, 2003:Q1 for foreign banking offices in U.S., 1997:Q1 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 6, 2018