F.207 Federal Funds and Security Repurchase Agreements (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2020 2021 2022 2023 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 Line
All sectors; federal funds and security repurchase agreements; liability FA892150005 -195.9 1626.8 708.5 -390.5 2193.3 -709.7 -1737.9 -1307.6 -771.7 1
Monetary authority; security repurchase agreements; liability FA712151003 -120.6 1967 706.5 -1498.9 -587.6 -1495 -2021.9 -1891 -1655.6 2
U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; liability FA762150005 3.9 -9.9 24.2 59 415.5 -101.8 -40.7 -37.1 5.1 3
U.S.-chartered depository institutions, including IBFs; federal funds; liability (2) FA762152005 -17.1 -6.8 24.2 -16.1 -24.8 -2.7 -1.1 -35.8 -10.8 4
U.S.-chartered depository institutions, including IBFs; security repurchase agreements; liability FA762151005 21 -3.1 0 75.1 440.3 -99.1 -39.6 -1.3 16 5
Foreign banking offices in the U.S., including IBFs; federal funds and security repurchase agreements; liability FA752150005 -5.1 -17.5 -63.3 87.3 269.8 179.8 -19.1 -81.1 189.1 6
Foreign banking offices in the U.S., including IBFs; federal funds; liability (2) FA752152005 -6.9 -0.8 0.2 2.8 15.1 59.7 -19.1 -44.3 48.3 7
Foreign banking offices in the U.S., including IBFs; security repurchase agreements; liability FA752151005 1.8 -16.7 -63.5 84.5 254.7 120.1 -0 -36.8 140.7 8
Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions; liability FA472150053 -0 -0 0.2 -0.2 -0.3 -0.1 0 -0.2 0.1 9
Property-casualty insurance companies; security repurchase agreements; liability FA512151003 0.1 -0.1 0.1 2.3 1.7 1.8 3.8 1.7 -1.2 10
Life insurance companies, general accounts; security repurchase agreements; liability FA542151073 1 1.5 15.8 -0.3 -2.1 8.8 -0.1 -8 2.2 11
Government-sponsored enterprises; federal funds and security repurchase agreements; liability FA402150005 0 0 0 0 0 0 0 0 0 12
Mortgage real estate investment trusts; security repurchase agreements; liability FA642151073 -154.9 -4.3 -18.8 18.5 83.4 -30.2 60.7 -40 -6.5 13
Security brokers and dealers; security repurchase agreements; liability FA662151003 24.2 -203.9 55.7 483.9 1569.8 143.5 51.4 170.9 682.9 14
Holding companies; security repurchase agreements; liability FA732151003 -0 0 -0 -0 0.1 -0.1 0.3 -0.4 0 15
Rest of the world; security repurchase agreements; liability FA262151003 55.5 -106.1 -11.9 458 443.1 583.6 227.7 577.5 12.2 16
All sectors; federal funds and security repurchase agreements; asset FA892050005 -167.7 1333.4 763 146.1 3436.6 -1117.9 -810.6 -923.6 -351.7 17
Nonfinancial corporate business; security repurchase agreements; asset FA102051003 23.6 -10.3 3.4 -0.9 9.9 -0.6 -1.2 -11.9 -1.8 18
State and local governments; security repurchase agreements; asset FA212051003 15.7 10 10 10 10 10 10 10 10 19
Monetary authority; security repurchase agreements; asset FA712051000 -254.6 -1 0 0 180 -176 -4 0 0 20
U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; asset FA762050005 179.8 -220.8 13.4 -9.2 -24.8 -196.5 -14.9 199.4 -208 21
U.S.-chartered depository institutions, including IBFs; federal funds; asset (2) FA762052005 1.2 0.2 0.6 -12.6 -14.6 -29.5 22.5 -28.7 10.6 22
U.S.-chartered depository institutions, including IBFs; security repurchase agreements; asset FA762051005 178.5 -221 12.8 3.3 -10.3 -167.1 -37.4 228.1 -218.6 23
Foreign banking offices in the U.S. including IBFs; federal funds and security repurchase agreements; asset FA752050005 -55.4 -47.8 -10.6 69.9 285.3 52.5 -63.8 5.6 121.3 24
Foreign banking offices in the U.S., including IBFs; federal funds; asset (2) FA752052005 0 -0.1 0.1 -0.2 -0.1 0.2 -0.1 -0.8 -0.1 25
Foreign banking offices in the U.S., including IBFs; security repurchase agreements; asset FA752051005 -55.4 -47.6 -10.7 70.1 285.4 52.3 -63.7 6.5 121.4 26
Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions (net of liabilities before 2002:Q4); asset FA472050053 -0.3 -0.3 -0.2 -0 -0.1 0 -0 -0 0.1 27
Credit unions; federal funds held by Corporate Credit Unions; asset FA472052053 -0.1 0 -0.1 -0 -0.1 0 -0 -0 0.1 28
Credit unions; security repurchase agreements held by Corporate Credit Unions; asset FA472051053 -0.1 -0.3 -0.1 0 0 0 0 0 0 29
Property-casualty insurance companies; security repurchase agreements, including those held by U.S. residual market reinsurers; asset FA512051005 0.2 -0 0.1 -1.9 -1.6 -2 -1.1 -3 0.4 30
Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset FA542051075 1.9 1.6 -5.4 1 0.6 2.2 1.1 0 0.3 31
Private pension funds; security repurchase agreements; asset FA572051005 2.6 0.3 0.8 1.1 1.2 1.2 0.7 1 1 32
State and local government employee defined benefit retirement funds; security repurchase agreements; asset FA222051043 1.2 19.7 21.1 11.9 23.6 -146.5 148.4 22.1 11.9 33
Money market funds; security repurchase agreements; asset FA632051000 -173.9 1427 480.9 -310.8 1347.8 -464.8 -1045.6 -1080.5 -827.9 34
Mutual funds; security repurchase agreements (net); asset FA652051003 26.4 30.1 6.1 -4.3 36 26.8 -61.7 -18.5 5.4 35
Government-sponsored enterprises; federal funds and security repurchase agreements; asset FA402050005 17.3 -2.8 42.5 19.9 443.4 54.1 -290 -127.8 221.4 36
Government-sponsored enterprises; federal funds held by FHLB; asset (3) FA402052033 -19.8 15.9 18.6 -8.1 83.7 49.9 -49.1 -116.8 22.4 37
Security brokers and dealers; security repurchase agreements; asset FA662051003 -78 -66.7 206.1 164.2 796.4 -91 -134.9 86.4 138.4 38
Holding companies; security repurchase agreements; asset FA732051003 39.4 -15.3 3 -0.1 -2.4 -0.3 -2.5 4.7 -9.7 39
Other financial business; security repurchase agreements; asset FA502051005 2.2 -1.8 0.3 1.5 4.3 -2.7 3.1 1.2 -1.1 40
Rest of the world; security repurchase agreements; asset FA262051005 84.1 211.4 -8.6 194 326.9 -184.4 645.8 -12.5 186.5 41
Instrument discrepancies; federal funds and security repurchase agreements FA902050005 -28.2 293.4 -54.5 -536.6 -1243.2 408.3 -927.3 -384 -419.9 42
Monetary authority; security repurchase agreements, reverse repurchase agreement operations; liability (4) FA712151103 -54.4 1894.9 649.1 -1535.2 -714.2 -1363.4 -1907 -2156.3 -1696.2 43
Money market funds; security repurchase agreements (Federal Reserve reverse repurchase agreement operations); asset (5) FA632051103 -37.2 1730 600 -1370.9 -435.1 -1299.4 -1688.2 -2061.1 -1723.6 44
Domestic financial sectors, excluding money market funds; security repurchase agreements (Federal Reserve Reverse Repurchase Agreement Operational Exercise); asset (6) FA792051115 -17.2 164.9 49.2 -164.3 -279.1 -64 -218.8 -95.3 27.4 45

NOTES

  1. Detailed data on federal funds and security repurchase agreements are available beginning 2012:Q1 for U.S.-chartered depository 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: June 7, 2024