F.207 Federal Funds and Security Repurchase Agreements (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
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Description Series code 2019 2020 2020 Q1 2020 Q2 2020 Q3 2020 Q4 2021 Q1 2021 Q2 2021 Q3 Line
All sectors; federal funds and security repurchase agreements; liability FA892150005 333.0 -192.7 1511.1 -2781.5 22.6 477.1 -629.8 3136.8 2794.2 1
Monetary authority; security repurchase agreements; liability FA712151003 32.6 -120.6 929.7 -1344.5 -110.9 43.3 544.5 3635.0 2577.0 2
U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; liability FA762150005 23.9 3.9 96.4 -2.5 -45.8 -32.6 66.3 -177.4 30.4 3
U.S.-chartered depository institutions, including IBFs; federal funds; liability (2) FA762152005 -1.7 -17.1 41.6 -58.4 -55.8 4.1 -6.6 0.2 -9.8 4
U.S.-chartered depository institutions, including IBFs; security repurchase agreements; liability FA762151005 25.6 21.0 54.8 55.9 9.9 -36.6 72.9 -177.5 40.2 5
Foreign banking offices in the U.S., including IBFs; federal funds and security repurchase agreements; liability FA752150005 46.4 -5.1 251.1 -403.2 171.2 -39.4 120.6 -72.0 103.9 6
Foreign banking offices in the U.S., including IBFs; federal funds; liability (2) FA752152005 1.3 -6.9 25.9 -15.0 -15.3 -23.1 48.1 23.5 -15.4 7
Foreign banking offices in the U.S., including IBFs; security repurchase agreements; liability FA752151005 45.1 1.8 225.2 -388.1 186.5 -16.3 72.5 -95.5 119.4 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 -0.0 0.1 0.2 0.3 0.1 -0.3 0.0 0.1 -0.1 10
Life insurance companies, general accounts; security repurchase agreements; liability FA542151073 -6.5 1.1 31.5 -16.1 16.5 -27.7 -13.3 0.6 6.2 11
Government-sponsored enterprises; federal funds and security repurchase agreements; liability FA402150005 0.0 0.0 0.0 0.0 0.0 0.0 0.4 -0.4 0.0 12
Mortgage real estate investment trusts; security repurchase agreements; liability FA642151073 71.8 -157.6 -478.3 -120.0 -38.1 5.8 -13.4 -30.3 -21.7 13
Security brokers and dealers; security repurchase agreements; liability FA662151003 51.6 24.2 263.7 -542.1 131.2 244.1 -802.4 -92.4 16.7 14
Holding companies; security repurchase agreements; liability FA732151003 -0.0 -0.0 -0.0 0.0 0.1 -0.1 0.4 -0.2 0.1 15
Rest of the world; security repurchase agreements; liability FA262151003 113.2 61.4 416.7 -353.5 -101.7 284.0 -532.8 -126.3 81.7 16
All sectors; federal funds and security repurchase agreements; asset FA892050005 618.9 -251.5 1984.5 -3417.6 -106.7 533.6 -777.0 2251.9 2518.4 17
Nonfinancial corporate business; security repurchase agreements; asset FA102051003 -1.2 26.4 56.0 20.0 -8.4 38.1 -50.9 38.7 -24.0 18
State and local governments; security repurchase agreements; asset FA212051003 -1.3 19.3 -8.7 51.5 18.5 15.9 25.0 25.5 23.3 19
Monetary authority; security repurchase agreements; asset FA712051000 255.6 -255.6 28.4 -819.1 -231.8 0.0 0.0 0.0 0.0 20
U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; asset FA762050005 -24.3 179.8 -108.9 916.1 -248.8 160.8 -975.8 23.1 -50.9 21
U.S.-chartered depository institutions, including IBFs; federal funds; asset (2) FA762052005 3.9 1.3 -11.4 42.8 -48.6 22.2 8.5 -0.9 -6.6 22
U.S.-chartered depository institutions, including IBFs; security repurchase agreements; asset FA762051005 -28.2 178.5 -97.5 873.3 -200.2 138.6 -984.3 24.0 -44.3 23
Foreign banking offices in the U.S. including IBFs; federal funds and security repurchase agreements; asset FA752050005 60.0 -55.4 -207.4 -99.9 135.8 -49.9 -63.8 -126.2 91.5 24
Foreign banking offices in the U.S., including IBFs; federal funds; asset (2) FA752052005 -0.9 0.0 1.2 2.0 0.6 -3.6 2.6 -3.6 0.6 25
Foreign banking offices in the U.S., including IBFs; security repurchase agreements; asset FA752051005 60.9 -55.4 -208.5 -101.9 135.2 -46.3 -66.4 -122.6 90.9 26
Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions (net of liabilities before 2002:Q4); asset FA472050053 0.6 -0.3 -0.1 -0.1 0.2 -1.1 -0.2 -0.9 -0.1 27
Credit unions; federal funds held by Corporate Credit Unions; asset FA472052053 0.1 -0.1 0.2 -0.7 0.2 -0.3 -0.0 0.0 0.0 28
Credit unions; security repurchase agreements held by Corporate Credit Unions; asset FA472051053 0.5 -0.1 -0.3 0.6 -0.0 -0.8 -0.2 -0.9 -0.2 29
Property-casualty insurance companies; security repurchase agreements, including those held by U.S. residual market reinsurers; asset FA512051005 0.6 0.2 1.5 2.5 0.5 -3.6 0.3 1.0 -1.2 30
Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset FA542051075 4.1 1.9 12.9 -4.3 8.5 -9.6 -4.6 0.3 2.9 31
Private pension funds; security repurchase agreements; asset FA572051005 13.3 5.3 3.8 5.6 5.6 6.2 3.4 6.0 5.2 32
State and local government employee defined benefit retirement funds; security repurchase agreements; asset FA222051043 3.5 1.1 -2.0 -9.8 -5.9 22.2 40.2 36.4 -2.1 33
Money market funds; security repurchase agreements; asset FA632051000 155.7 -168.8 1537.2 -2551.4 363.9 -25.1 557.9 1791.8 1890.8 34
Mutual funds; security repurchase agreements; asset FA652051003 21.2 5.4 17.9 -12.8 -29.8 46.2 25.4 16.6 35.8 35
Government-sponsored enterprises; federal funds and security repurchase agreements; asset FA402050005 24.6 17.3 -165.0 284.4 -72.4 22.3 -262.8 439.9 -166.4 36
Government-sponsored enterprises; federal funds held by FHLB; asset (3) FA402052033 -2.9 -19.8 92.0 -82.8 -36.5 -52.1 91.0 -25.5 16.0 37
Security brokers and dealers; security repurchase agreements; asset FA662051003 84.9 -78.0 331.7 -803.2 -12.6 172.3 -336.3 -418.4 311.3 38
Holding companies; security repurchase agreements; asset FA732051003 0.4 39.4 0.2 79.0 58.9 19.4 -47.7 -54.4 57.2 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 FA262051005 21.3 10.4 487.0 -475.9 -89.0 119.6 313.0 472.4 345.1 41
Instrument discrepancies; federal funds and security repurchase agreements FA902050005 -285.9 58.9 -473.4 636.0 129.3 -56.5 147.2 884.9 275.7 42
Monetary authority; security repurchase agreements, reverse repurchase agreement operations; liability (4) FA712151103 22.2 -54.4 883.3 -1135.8 -0.4 35.2 498.6 3430.5 2451.8 43
Money market funds; security repurchase agreements (Federal Reserve reverse repurchase agreement operations); asset (5) FA632051103 7.2 -37.2 952.0 -1135.8 -0.4 35.2 462.6 2919.1 2335.4 44
Domestic financial sectors, excluding money market funds; security repurchase agreements (Federal Reserve Reverse Repurchase Agreement Operational Exercise); asset (6) FA792051115 15.0 -17.2 -68.8 -0.0 0.0 0.0 36.0 511.4 116.4 45

NOTES

  1. 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.
  2. Excludes term federal funds.
  3. Includes term federal funds.
  4. Included in line 2.
  5. Included in line 34.
  6. Includes banks (consolidated), government-sponsored enterprises, and primary dealers.
Last Update: December 9, 2021