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 | 2017 | 2018 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | 2019 Q1 | 2019 Q2 | 2019 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; federal funds and security repurchase agreements; liability | FA892150005 | 27.0 | 57.8 | -1324.0 | 391.1 | -88.4 | 1252.6 | 151.9 | 956.5 | 884.3 | 1 |
| Monetary authority; security repurchase agreements; liability | FA712151003 | -161.3 | -259.9 | -1162.3 | 273.0 | -250.7 | 100.3 | -194.7 | 320.1 | -88.0 | 2 |
| U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; liability | FA762150005 | 7.9 | -27.3 | -54.3 | 4.5 | -7.2 | -52.4 | 35.7 | 7.4 | 104.8 | 3 |
| U.S.-chartered depository institutions, including IBFs; federal funds; liability (2) | FA762152005 | 13.2 | -5.8 | -8.2 | 0.4 | 11.8 | -27.4 | 34.2 | -13.0 | -5.1 | 4 |
| U.S.-chartered depository institutions, including IBFs; security repurchase agreements; liability | FA762151005 | -5.3 | -21.5 | -46.1 | 4.2 | -19.0 | -25.0 | 1.5 | 20.4 | 109.9 | 5 |
| Foreign banking offices in the U.S., including IBFs; federal funds and security repurchase agreements; liability | FA752150005 | 79.2 | -48.9 | -53.5 | -92.5 | -66.5 | 17.0 | 0.3 | 90.2 | 62.0 | 6 |
| Foreign banking offices in the U.S., including IBFs; federal funds; liability (2) | FA752152005 | -5.8 | -10.0 | 73.7 | -57.6 | -21.1 | -35.0 | 34.1 | -22.0 | -6.3 | 7 |
| Foreign banking offices in the U.S., including IBFs; security repurchase agreements; liability | FA752151005 | 85.0 | -38.9 | -127.2 | -34.9 | -45.4 | 52.0 | -33.7 | 112.2 | 68.3 | 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 | -0.0 | -0.2 | -0.4 | -0.3 | -0.1 | -0.1 | 0.1 | 0.6 | -0.2 | 10 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FA542151073 | -0.3 | 2.7 | -2.4 | 0.4 | 10.6 | 2.2 | 6.0 | 9.3 | 0.5 | 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 | 54.9 | 43.7 | 1.1 | -10.0 | 117.9 | 65.9 | 123.1 | 121.8 | 16.4 | 13 |
| Security brokers and dealers; security repurchase agreements; liability | FA662151003 | 79.4 | 305.9 | -6.4 | 256.3 | 122.9 | 850.8 | -36.4 | 368.4 | 369.1 | 14 |
| Holding companies; security repurchase agreements; liability | FA732151003 | -0.0 | -0.0 | 0.5 | -0.0 | -0.5 | -0.2 | -0.0 | 0.0 | 0.0 | 15 |
| Rest of the world; security repurchase agreements; liability | FA262151003 | -32.8 | 41.9 | -46.4 | -40.3 | -14.7 | 269.1 | 217.7 | 38.7 | 419.6 | 16 |
| All sectors; federal funds and security repurchase agreements; asset | FA892050005 | 253.7 | 317.4 | -336.5 | 151.1 | -19.4 | 1474.6 | 664.7 | 726.2 | 1200.9 | 17 |
| Nonfinancial corporate business; security repurchase agreements; asset | FA102051003 | -50.7 | -25.6 | -35.6 | -58.0 | -13.8 | 5.1 | -9.5 | -6.9 | -0.5 | 18 |
| State and local governments, excluding employee retirement funds; security repurchase agreements; asset | FA212051003 | 1.4 | -11.6 | -27.1 | 2.4 | 2.3 | -24.0 | 3.0 | -3.2 | -3.9 | 19 |
| Monetary authority; security repurchase agreements; asset | FA712051000 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 810.0 | 20 |
| U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; asset | FA762050005 | 4.0 | 160.3 | 73.8 | -45.6 | 31.0 | 582.2 | -93.5 | 68.0 | -176.4 | 21 |
| U.S.-chartered depository institutions, including IBFs; federal funds; asset (2) | FA762052005 | 3.2 | -4.1 | 1.0 | -13.4 | -4.3 | 0.1 | 15.3 | -20.2 | 9.0 | 22 |
| U.S.-chartered depository institutions, including IBFs; security repurchase agreements; asset | FA762051005 | 0.8 | 164.5 | 72.7 | -32.2 | 35.3 | 582.1 | -108.8 | 88.2 | -185.5 | 23 |
| Foreign banking offices in the U.S. including IBFs; federal funds and security repurchase agreements; asset | FA752050005 | 75.1 | 50.9 | -14.9 | 104.3 | 58.9 | 55.2 | 183.2 | 67.4 | 85.0 | 24 |
| Foreign banking offices in the U.S., including IBFs; federal funds; asset (2) | FA752052005 | 0.3 | 0.3 | 0.3 | 0.5 | 0.2 | 0.1 | 3.5 | -6.7 | 6.9 | 25 |
| Foreign banking offices in the U.S., including IBFs; security repurchase agreements; asset | FA752051005 | 74.8 | 50.6 | -15.2 | 103.8 | 58.7 | 55.1 | 179.7 | 74.1 | 78.1 | 26 |
| Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions (net of liabilities before 2002:Q4); asset | FA472050053 | 0.1 | 0.0 | 0.4 | 0.6 | -0.8 | 0.0 | 1.6 | 0.6 | 0.2 | 27 |
| Credit unions; federal funds held by Corporate Credit Unions; asset | FA472052053 | 0.0 | 0.1 | 0.0 | 0.6 | 0.0 | 0.0 | 0.8 | -0.2 | 0.4 | 28 |
| Credit unions; security repurchase agreements held by Corporate Credit Unions; asset | FA472051053 | 0.1 | -0.1 | 0.4 | 0.0 | -0.8 | 0.0 | 0.8 | 0.8 | -0.2 | 29 |
| Property-casualty insurance companies; security repurchase agreements, including those held by U.S. residual market reinsurers; asset | FA512051005 | 0.0 | -0.0 | -0.6 | -0.4 | 0.2 | 0.6 | 0.5 | -0.5 | -0.9 | 30 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FA542051075 | -0.4 | 0.2 | -0.4 | -0.1 | 1.0 | 0.2 | 0.5 | 0.8 | 0.0 | 31 |
| Private pension funds; security repurchase agreements; asset | FA572051005 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 32 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | -0.2 | -0.1 | 0.5 | 0.0 | -0.0 | -0.8 | 1.2 | -1.8 | -0.4 | 33 |
| Money market funds; security repurchase agreements; asset | FA632051000 | 154.8 | 63.0 | -345.6 | 357.3 | 18.0 | 222.5 | 219.6 | 435.0 | 138.1 | 34 |
| Mutual funds; security repurchase agreements; asset | FA652051003 | 14.0 | -16.4 | -13.8 | -20.1 | -4.6 | -27.0 | 93.9 | 7.7 | -24.8 | 35 |
| Government-sponsored enterprises; federal funds and security repurchase agreements; asset | FA402050005 | 10.6 | -24.9 | 92.6 | -104.0 | 8.0 | -96.4 | 123.7 | 29.3 | -87.1 | 36 |
| Government-sponsored enterprises; federal funds held by FHLB; asset (3) | FA402052033 | 16.9 | -11.3 | 111.2 | -18.6 | -63.8 | -74.1 | 84.6 | -2.1 | -75.5 | 37 |
| Security brokers and dealers; security repurchase agreements; asset | FA662051003 | -3.7 | 206.2 | 18.9 | 89.6 | 114.7 | 601.6 | 13.3 | 178.8 | 413.2 | 38 |
| Holding companies; security repurchase agreements; asset | FA732051003 | 4.9 | -4.0 | -4.3 | -4.5 | 1.9 | -9.0 | -0.9 | -0.8 | -0.4 | 39 |
| Other financial business; 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 | 43.5 | -80.7 | -80.4 | -170.4 | -236.2 | 164.5 | 127.9 | -48.3 | 48.7 | 41 |
| Instrument discrepancies; federal funds and security repurchase agreements | FA902050005 | -226.7 | -259.6 | -987.5 | 240.1 | -69.0 | -221.9 | -512.9 | 230.3 | -316.7 | 42 |
| Monetary authority; security repurchase agreements, reverse repurchase agreement operations; liability (4) | FA712151103 | -148.8 | -277.7 | -1148.9 | 258.4 | -194.2 | -26.3 | -164.5 | 174.3 | -149.0 | 43 |
| Money market funds; security repurchase agreements (Federal Reserve reverse repurchase agreement operations); asset (5) | FA632051103 | -115.3 | -248.5 | -1062.1 | 264.8 | -175.5 | -21.2 | -155.7 | 171.6 | -146.2 | 44 |
| Domestic financial sectors, excluding money market funds; security repurchase agreements (Federal Reserve Reverse Repurchase Agreement Operational Exercise); asset (6) | FA792051115 | -33.5 | -29.3 | -86.9 | -6.3 | -18.7 | -5.1 | -8.7 | 2.7 | -2.8 | 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 12, 2019