Financial Accounts of the United States - Z.1
F.109 Monetary Authority (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2016 | 2017 | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Monetary authority; gross saving | FA716000105 | 0.5 | -2.3 | -1.9 | -0.9 | -1.1 | -1.1 | -0.1 | -1.1 | -1.1 | 1 |
| Monetary authority; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA715013005 | 0.6 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 2 |
| Monetary authority; total financial assets | FA714090005 | -31.1 | -2.6 | -389.8 | 116.4 | -398.9 | -519.4 | 538.7 | 845.3 | 6279.1 | 3 |
| Monetary authority; U.S. official reserve assets | FA713011005 | -0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | -0.0 | 0.0 | 4 |
| Monetary authority; SDR certificates issued by federal government; asset | FA713014003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5 |
| Monetary authority; Treasury currency; asset | FA713012003 | 1.0 | 0.8 | 0.4 | 0.3 | 0.4 | 0.3 | 0.3 | 0.3 | 0.6 | 6 |
| Monetary authority; Federal Reserve float; asset (2) | FA713022003 | -0.8 | -0.1 | 0.1 | 0.1 | -0.1 | -0.1 | 0.3 | 0.4 | -0.0 | 7 |
| Monetary authority; loans to domestic banks, including AMLF; asset (2) | FA713068705 | -0.1 | 0.1 | -0.1 | -0.0 | -0.2 | 0.4 | -0.0 | -0.3 | 306.4 | 8 |
| Monetary authority; loans to domestic banks through the discount window; asset (3) | FA713068703 | -0.1 | 0.1 | -0.1 | -0.0 | -0.2 | 0.4 | -0.0 | -0.3 | 196.2 | 9 |
| U.S.-chartered depository institutions; commercial paper funded by borrowing from the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF) and Money Market Mutual Fund Liquidity Facility (MMLF); asset (4) | FA763069143 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 110.2 | 10 |
| Monetary authority; security repurchase agreements; asset | FA712051000 | 0.0 | 0.0 | 0.0 | 255.6 | 0.0 | 0.0 | 810.0 | 212.5 | 28.4 | 11 |
| Monetary authority; debt securities; asset | FA714022005 | -35.8 | -10.9 | -379.4 | -137.5 | -382.3 | -518.9 | -264.5 | 615.8 | 4281.5 | 12 |
| Monetary authority; bankers' acceptances; asset | FA713069603 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 13 |
| Monetary authority; Treasury securities; asset | FA713061103 | -13.3 | -21.7 | -243.3 | 99.1 | -198.0 | -270.7 | 6.3 | 859.0 | 4077.9 | 14 |
| Monetary authority; Treasury bills; asset | FA713061113 | 0.0 | 0.0 | 0.0 | 168.5 | 0.0 | 0.0 | 23.8 | 650.0 | 625.5 | 15 |
| Monetary authority; other Treasury securities, excluding Treasury bills; asset | FA713061125 | -13.3 | -21.7 | -243.3 | -69.3 | -198.0 | -270.7 | -17.5 | 209.0 | 3452.4 | 16 |
| Monetary authority; agency- and GSE-backed securities; asset | FA713061705 | -22.5 | 10.8 | -136.2 | -236.6 | -184.3 | -248.2 | -270.8 | -243.2 | 203.7 | 17 |
| Monetary authority; agency mortgage-backed securities; asset | FA713061903 | -5.4 | 22.7 | -134.2 | -236.5 | -184.0 | -248.2 | -270.8 | -243.2 | 203.7 | 18 |
| Monetary authority; agency- and GSE-backed securities other than MBS; asset | FA713061703 | -17.1 | -11.9 | -2.0 | -0.1 | -0.3 | -0.0 | -0.0 | -0.0 | -0.0 | 19 |
| Monetary authority; depository institution loans n.e.c.; asset | FA713068005 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 234.9 | 20 |
| Monetary authority; depository institution loans n.e.c. to households (Term Asset-Backed Securities Loan Facility); asset (5) | FA713068303 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 21 |
| Monetary authority; loans to brokers and dealers; asset (6) | FA713068665 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 234.9 | 22 |
| Monetary authority; depository institution loans n.e.c. to other financial business; asset (7) | FA713068505 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 23 |
| Monetary authority; corporate equities; asset (8) | FA713064103 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 24 |
| Monetary authority; total miscellaneous assets | FA713090005 | 4.7 | 7.4 | -10.8 | -2.2 | -16.8 | -1.1 | -7.5 | 16.6 | 1427.3 | 25 |
| Monetary authority; nonofficial foreign currencies (swap lines); asset (9) | FA713091103 | 4.6 | 6.5 | -7.9 | -0.5 | -11.4 | -5.4 | 3.8 | 11.0 | 1415.8 | 26 |
| Monetary authority; unidentified miscellaneous assets | FA713093005 | 0.1 | 0.9 | -3.0 | -1.7 | -5.4 | 4.2 | -11.3 | 5.5 | 11.6 | 27 |
| Monetary authority; total liabilities | FA714190005 | -31.1 | -2.6 | -386.6 | 116.4 | -398.9 | -519.5 | 538.7 | 845.3 | 6279.1 | 28 |
| Monetary authority; depository institution reserves, excluding FHLB deposits; liability | FA713113003 | -211.0 | 194.8 | -393.1 | -7.1 | 99.3 | -637.3 | 23.2 | 486.4 | 3701.7 | 29 |
| Private depository institutions; vault cash; asset | FA703025005 | 1.8 | 1.2 | 4.9 | 1.4 | -22.6 | 3.0 | 7.3 | 17.9 | 87.2 | 30 |
| Monetary authority; checkable deposits and currency; liability | FA713120005 | 163.7 | -38.3 | 259.5 | 89.6 | -70.6 | -289.7 | 685.9 | 33.0 | 1731.3 | 31 |
| Monetary authority; checkable deposits due to the federal government; liability | FA713123005 | 65.6 | -170.2 | 173.2 | 1.7 | -82.2 | -370.8 | 530.7 | -71.0 | 638.7 | 32 |
| Monetary authority; Treasury cash holdings; liability | FA713123023 | -0.1 | 0.0 | 0.0 | -0.0 | 0.5 | -0.6 | -0.0 | -0.0 | 0.6 | 33 |
| Monetary authority; deposits in Treasury general deposit account; liability | FA713123030 | 65.7 | -170.3 | 173.2 | 1.7 | -82.7 | -370.2 | 530.7 | -71.0 | 638.1 | 34 |
| Monetary authority; deposits in Treasury temporary supplementary financing account; liability | FA713123043 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 35 |
| Monetary authority; checkable deposits due to government-sponsored enterprises, including FHLB deposits; liability | FA713124005 | -3.0 | -13.8 | -6.8 | 2.1 | -14.8 | 3.7 | 3.3 | 16.1 | 434.4 | 36 |
| Monetary authority; checkable deposits due to other financial business; liability (10) | FA713129003 | 18.4 | 38.3 | -3.3 | -1.1 | -32.1 | -5.2 | 50.1 | -17.0 | 392.4 | 37 |
| Monetary authority; checkable deposits due to rest of the world; liability | FA713122605 | -0.0 | 0.1 | -0.0 | -0.1 | -0.0 | 0.0 | -0.2 | -0.0 | 48.9 | 38 |
| Monetary authority; currency outside banks; liability | FA713125005 | 82.7 | 107.4 | 96.4 | 87.0 | 58.5 | 82.6 | 102.0 | 105.0 | 217.0 | 39 |
| Monetary authority; security repurchase agreements; liability | FA712151003 | 12.8 | -161.3 | -259.9 | 32.6 | -194.7 | 320.1 | -88.0 | 93.1 | 929.7 | 40 |
| Monetary authority; security repurchase agreements, reverse repurchase agreement operations; liability (11) | FA712151103 | -6.2 | -148.8 | -277.7 | 22.2 | -164.5 | 174.3 | -149.0 | 228.1 | 883.3 | 41 |
| Monetary authority; security repurchase agreements, excluding those in the reverse repurchase agreement operations; liability (12) | FA712151115 | 19.0 | -12.5 | 17.8 | 10.4 | -30.2 | 145.8 | 61.0 | -135.0 | 46.4 | 42 |
| Monetary authority; total miscellaneous liabilities | FA713190005 | 1.6 | 0.9 | 2.0 | -0.1 | -210.3 | 84.5 | -89.7 | 215.0 | -170.9 | 43 |
| Monetary authority; Federal Reserve bank stock; liability | FA713164003 | 1.0 | 0.9 | 0.9 | -0.6 | 0.7 | -0.5 | 0.4 | -3.2 | 1.1 | 44 |
| Monetary authority; unidentified miscellaneous liabilities | FA713193005 | 0.6 | -0.0 | 1.1 | 0.5 | -211.1 | 85.0 | -90.1 | 218.1 | -172.0 | 45 |
| Monetary authority; sector discrepancy | FA717005005 | -0.1 | -3.0 | 0.4 | -1.7 | -2.0 | -2.0 | -0.9 | -1.9 | -1.9 | 46 |
NOTES
- Assets and liabilities of Federal Reserve Banks and Treasury monetary accounts that supply or absorb bank reserves. Excludes the accounts of the Federal Reserve Board.
- Shown on table F.203 as part of line 24.
- Federal Reserve loans extended to U.S.-chartered depository institutions through term auction credit, primary credit, secondary credit, and seasonal credit.
- Federal Reserve loans extended to U.S.-chartered depository institutions through the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF) and the Money Market Mutual Fund Liquidity Facility (MMLF). The AMLF was dissoved in 2010:Q1.
- Loans extended to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF).
- Loans extended through the Federal Reserve's Primary Dealer Credit Facility (PDCF), AMLF (2008-2010), and MMLF (2020).
- Loans extended to Maiden Lane LLC to facilitate JPMorgan Chase & Co.'s acquisition of Bear Stearns Companies, Inc.; to Maiden Lane II LLC to purchase residential mortgage-backed securities from AIG subsidiaries; to Maiden Lane III LLC to purchase CDOs on which AIG had written credit default swap contracts; to AIG; and to Commercial Paper Funding Facility LLC.
- Preferred interests in AIA Aurora LLC and ALICO Holdings LLC, two limited liability companies created to hold all the outstanding common stock of American International Assuance Company Ltd (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. Series is zero after 2010:Q4.
- Reciprocal currency arrangements (swap lines) with foreign central banks.
- Deposits of designated financial market utilities (DFMU).
- 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).
- Includes reverse repurchase agreements conducted through the Federal Reserve's Foreign Repo Pool.
Last Update: June 11, 2020