Financial Accounts of the United States - Z.1
L.109 Monetary Authority (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Monetary authority; total financial assets | FL714090005 | 8910.6 | 7502.7 | 8630.8 | 8199.1 | 7662.1 | 7502.7 | 7747.1 | 7319.9 | 6730.6 | 1 |
| Monetary authority; U.S. official reserve assets | FL713011005 | 31.2 | 29.5 | 30.5 | 29 | 27.9 | 29.5 | 29.7 | 29.2 | 28.6 | 2 |
| Monetary authority; SDR certificates issued by federal government; asset | FL713014003 | 5.2 | 5.2 | 5.2 | 5.2 | 5.2 | 5.2 | 5.2 | 5.2 | 5.2 | 3 |
| Monetary authority; Treasury currency; asset | FL713012003 | 50.8 | 51.4 | 50.8 | 51 | 51.2 | 51.4 | 51.5 | 51.7 | 52.4 | 4 |
| Monetary authority; Federal Reserve float; asset | FL713022003 | -0.6 | -0.5 | -0.7 | -0.8 | -0.4 | -0.5 | -0.4 | -0.3 | -0.4 | 5 |
| Monetary authority; loans to depository institutions, including AMLF, MMLF, and PPPLF; asset | FL713068705 | 13.3 | 9.1 | 8.8 | 9.6 | 11.7 | 9.1 | 317.7 | 275.8 | 195.6 | 6 |
| Monetary authority; loans to domestic banks through the discount window; asset (2) | FL713068703 | 0.6 | 5.3 | 0.6 | 2.4 | 7.2 | 5.3 | 70.3 | 4.3 | 4.2 | 7 |
| 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 (3) | FL763069143 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 |
| Monetary authority; loans to depository institutions under the Paycheck Protection Program Liquidity Facility (PPPLF), assets (4) | FL713068725 | 12.7 | 3.8 | 8.2 | 7.1 | 4.5 | 3.8 | 2.7 | 2.8 | 1.8 | 9 |
| Monetary authority; loans to domestic banks through the Bank Term Funding Program; asset | FL713068763 | 0 | 0 | 0 | 0 | 0 | 0 | 64.6 | 101.9 | 107.8 | 10 |
| Monetary authority; loans to domestic banks through other credit extensions; asset | FL713068753 | 0 | 0 | 0 | 0 | 0 | 0 | 180.1 | 166.8 | 81.9 | 11 |
| Monetary authority; security repurchase agreements; asset | FL712051000 | 0 | 0 | 0 | 0 | 0 | 0 | 45 | 1 | 0 | 12 |
| Monetary authority; debt securities; asset (5) | LM714022005 | 8733.2 | 7349.1 | 8470.4 | 8043.4 | 7507.3 | 7349.1 | 7243.2 | 6902.1 | 6393.6 | 13 |
| Monetary authority; bankers' acceptances; asset | FL713069603 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 |
| Monetary authority; total Treasury securities; asset | LM713061103 | 6052.1 | 5056.4 | 5851.4 | 5563.8 | 5186.5 | 5056.4 | 4960.2 | 4702.9 | 4367.4 | 15 |
| Monetary authority; Treasury bills; asset | LM713061113 | 325.9 | 286.4 | 325.4 | 324.5 | 307.4 | 286.4 | 277.9 | 266.1 | 236 | 16 |
| Monetary authority; other Treasury securities, excluding Treasury bills; asset | LM713061125 | 5726.1 | 4770 | 5526 | 5239.3 | 4879.1 | 4770 | 4682.3 | 4436.8 | 4131.4 | 17 |
| Monetary authority; agency- and GSE-backed securities; asset | LM713061705 | 2681.1 | 2292.7 | 2618.9 | 2479.6 | 2320.8 | 2292.7 | 2282.9 | 2199.2 | 2026.1 | 18 |
| Monetary authority; agency mortgage-backed securities; asset | LM713061903 | 2677.8 | 2289.9 | 2615.9 | 2476.7 | 2318 | 2289.9 | 2280.2 | 2196.5 | 2023.5 | 19 |
| Monetary authority; agency- and GSE-backed securities other than MBS; asset | LM713061703 | 3.3 | 2.7 | 3.1 | 2.9 | 2.7 | 2.7 | 2.8 | 2.7 | 2.6 | 20 |
| Monetary authority; depository institution loans n.e.c.; asset | FL713068005 | 42.2 | 22.9 | 34.1 | 28.4 | 26.1 | 22.9 | 20.9 | 17.7 | 15.3 | 21 |
| Monetary authority; depository institution loans n.e.c. to households under Term Asset-Backed Securities Loan Facility (TALF I); asset (6) | FL713068813 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22 |
| Monetary authority; loans to brokers and dealers; asset (7) | FL713068665 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23 |
| Monetary authority; loans to finance companies under the Paycheck Protection Program Liquidity Facility (PPPLF); asset (4) | FL713068863 | 21.1 | 7.7 | 15.3 | 10.8 | 9.4 | 7.7 | 6.5 | 4.4 | 3.2 | 24 |
| Monetary authority; depository institution loans n.e.c. to other financial business; asset (8) | FL713068505 | 21 | 15.3 | 18.8 | 17.7 | 16.6 | 15.3 | 14.4 | 13.3 | 12 | 25 |
| Monetary authority; corporate equities; asset (9) | FL713064103 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26 |
| Monetary authority; total miscellaneous assets | FL713090005 | 35.4 | 36.1 | 31.7 | 33.2 | 33.1 | 36.1 | 34.3 | 37.5 | 40.2 | 27 |
| Monetary authority; nonofficial foreign currencies (swap lines); asset (10) | FL713091103 | 3.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.4 | 0.6 | 0.2 | 0.2 | 28 |
| Monetary authority; unidentified miscellaneous assets | FL713093005 | 32 | 35.7 | 31.4 | 32.9 | 32.8 | 35.7 | 33.7 | 37.2 | 40 | 29 |
| Monetary authority; total liabilities | FL714190005 | 8747.1 | 8546.3 | 8925.9 | 8882.6 | 8750.8 | 8546.3 | 8620.7 | 8296.1 | 7994.8 | 30 |
| Monetary authority; depository institution reserves, excluding FHLB deposits; liability | FL713113003 | 3644.3 | 2684.8 | 3597.4 | 2955.4 | 2874.8 | 2684.8 | 3183.7 | 3046.9 | 3066.6 | 31 |
| Private depository institutions; vault cash; asset | FL703025005 | 90.5 | 86.7 | 89.1 | 89.1 | 79.3 | 86.7 | 83.2 | 82.9 | 74.7 | 32 |
| Monetary authority; checkable deposits and currency; liability | FL713120005 | 2817.5 | 2896.6 | 3109 | 3229.1 | 3069.7 | 2896.6 | 2646 | 2866.1 | 3085.2 | 33 |
| Monetary authority; checkable deposits due to the federal government; liability | FL713123005 | 406.2 | 446.8 | 651.6 | 782.5 | 636.1 | 446.8 | 177.9 | 402.6 | 657.2 | 34 |
| Monetary authority; Treasury cash holdings; liability | FL713123023 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 35 |
| Monetary authority; deposits in Treasury general deposit account; liability | FL713123030 | 406.1 | 446.7 | 651.5 | 782.4 | 636 | 446.7 | 177.7 | 402.4 | 656.9 | 36 |
| Monetary authority; deposits in Treasury temporary supplementary financing account; liability | FL713123043 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37 |
| Monetary authority; checkable deposits due to government-sponsored enterprises, including FHLB deposits; liability | FL713124005 | 33.9 | 22 | 29.8 | 25.9 | 20.3 | 22 | 26.8 | 22.5 | 24.8 | 38 |
| Monetary authority; total checkable deposits due to other financial business; liability (11) | FL713129005 | 221.9 | 196.5 | 241.4 | 220.7 | 205.8 | 196.5 | 192.2 | 169.4 | 145.1 | 39 |
| Monetary authority; checkable deposits due to rest of the world; liability | FL713122605 | 9.4 | 9 | 7.5 | 7.5 | 7.5 | 9 | 9.7 | 9.7 | 9.7 | 40 |
| Monetary authority; currency outside banks; liability | FL713125005 | 2146.2 | 2222.3 | 2178.8 | 2192.6 | 2200 | 2222.3 | 2239.4 | 2261.9 | 2248.4 | 41 |
| Monetary authority; security repurchase agreements; liability | FL712151003 | 2183 | 2889.6 | 2121 | 2601.2 | 2720.4 | 2889.6 | 2742.7 | 2368.9 | 1863.4 | 42 |
| Monetary authority; security repurchase agreements, reverse repurchase agreement operations; liability (12) | FL712151103 | 1904.6 | 2553.7 | 1872 | 2329.7 | 2425.9 | 2553.7 | 2375.2 | 2034.3 | 1557.6 | 43 |
| Monetary authority; security repurchase agreements, excluding those in the reverse repurchase agreement operations; liability (13) | FL712151115 | 278.5 | 335.8 | 249 | 271.5 | 294.5 | 335.8 | 367.5 | 334.6 | 305.9 | 44 |
| Monetary authority; unidentified miscellaneous liabilities | FL713193005 | 11.8 | -11.4 | 9.4 | 7.7 | 6.7 | -11.4 | -34.9 | -68.7 | -95.1 | 45 |
| Federal government; Exchange Stabilization Fund Economic Recovery Programs investment in Money Market Mutual Fund Liquidity Facility (MMLF); asset | FL313094213 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46 |
| Monetary authority; Federal Reserve bank stock; liability | FL713164003 | 33.9 | 35 | 34.3 | 34.9 | 35.1 | 35 | 35.4 | 35.6 | 35.9 | 47 |
| Monetary authority; debt securities; asset (amortized cost) | FL714022065 | 8605.3 | 8429.4 | 8800.9 | 8763.4 | 8632.6 | 8429.4 | 8153.9 | 7915.7 | 7695.5 | 48 |
| Monetary authority; Treasury securities; asset (amortized cost) | FL713061163 | 5917.4 | 5729.2 | 6017.5 | 5990.6 | 5873.7 | 5729.2 | 5502.2 | 5322.2 | 5162.1 | 49 |
| Monetary authority; agency- and GSE-backed securities; asset (amortized cost) | FL713061765 | 2687.9 | 2700.2 | 2783.4 | 2772.8 | 2758.9 | 2700.2 | 2651.7 | 2593.5 | 2533.3 | 50 |
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.
- Loans extended to U.S.-chartered depository institutions through term auction credit, primary credit, secondary credit, and seasonal credit.
- 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 dissolved in 2010:Q1.
- Loans extended to depository institutions (line 9) and finance companies (line 24) through the Paycheck Protection Program Liquidity Facility (PPPLF).
- Shown at estimated fair value.
- Loans extended to financial institutions such as domestic hedge funds through the 2008 Term Asset-Backed Securities Loan Facility (TALF I).
- Loans extended through the Federal Reserve's Primary Dealer Credit Facility (PDCF), AMLF (2008-2010), and MMLF (2020).
- Loans extended to Federal Reserve funding, credit, and liquidity, facility special purpose vehicles created in response to the 2008 Financial Crisis and COVID-19 pandemic.
- 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 Assurance 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) and deposits of Federal Reserve facility LLC's special purpose vehicles.
- 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: December 7, 2023