L.211 Agency- and GSE-Backed Securities (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2020 2021 2022 2023 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 Line
All sectors; U.S. government agency securities; liability FL893161705 10086.7 10699.2 11678.6 11976 12041.3 11972.4 11938.8 11976 11973.7 1
Federal government; budget agency securities; liability FL313161705 20.2 19.8 19.8 20.2 19.7 18 19.6 20.2 19.9 2
Government-sponsored enterprises; GSE issues; liability FL403161705 7638.1 8177.6 8970.8 9085.1 9303.7 9189.4 9098.3 9085.1 9047.5 3
Agency-and GSE-backed mortgage pools; total mortgages; asset FL413065005 2428.3 2501.8 2687.9 2870.7 2717.9 2765 2820.9 2870.7 2906.2 4
All sectors; agency- and GSE-backed securities; asset FL893061705 10677.8 11041.2 10700.8 11220.3 11219.1 10996.3 10694.9 11220.3 11087.5 5
Households and nonprofit organizations; agency- and GSE-backed securities; asset LM153061705 485.7 452.4 1071.6 1259.4 1201.9 1132.4 1170 1259.4 1165.2 6
Nonfinancial corporate business; agency- and GSE-backed securities; asset LM103061703 24.3 26.6 29.7 33.9 30 34.5 36.1 33.9 36.1 7
Federal government; agency- and GSE-backed securities; asset FL313061703 0 0 0 0 0 0 0 0 0 8
State and local governments; agency- and GSE-backed securities; asset LM213061703 466.5 415.3 410.1 422.9 420.4 417.4 411.3 422.9 419.9 9
Monetary authority; agency- and GSE-backed securities; asset LM713061705 2167.7 2681.1 2292.7 2120.7 2282.9 2199.2 2026.1 2120.7 2028.5 10
U.S.-chartered depository institutions; agency- and GSE-backed securities; asset LM763061705 3061 3505.5 2873 2782.5 2911.2 2831.4 2672.5 2782.5 2773.2 11
Foreign banking offices in the U.S.; agency- and GSE-backed securities; asset LM753061703 60.7 53.5 48.1 43 42.3 45.3 42.7 43 42.8 12
Banks in U.S.-affiliated areas; agency- and GSE-backed securities; asset LM743061703 15 16.5 16.2 15.5 16 15.7 15.7 15.5 15.2 13
Credit unions; agency- and GSE-backed securities; asset LM473061705 239 307.5 276.6 253.9 274.8 264.3 252.5 253.9 246.4 14
Property-casualty insurance companies; agency- and GSE-backed securities, including those held by U.S. residual market reinsurers; asset LM513061705 145.3 136 129.2 160.1 134.1 138.4 148 160.1 167.7 15
Life insurance companies; agency- and GSE-backed securities; asset LM543061705 375.1 319.9 265.4 265.1 266 263 257.8 265.1 269.9 16
Private pension funds; agency- and GSE-backed securities; asset LM573061705 235.4 259.2 251.2 272.3 258.7 261.4 261.9 272.3 276.4 17
Federal government retirement funds; agency- and GSE-backed securities; asset LM343061705 11.7 11.7 9.4 10.2 9.7 9.9 9.8 10.2 10.2 18
State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset LM223061743 194 198.7 165.7 165.2 159.1 172.8 155.5 165.2 163.2 19
Money market funds; agency- and GSE-backed securities; asset FL633061700 688.1 409.9 579.8 708.2 791.9 754.5 690.2 708.2 728.9 20
Mutual funds; agency- and GSE-backed securities; asset (market value) LM653061703 674.5 539.3 529.4 697.7 591.2 648.8 651.9 697.7 708.3 21
Government-sponsored enterprises; agency- and GSE-backed securities; asset LM403061705 237.3 208.4 215.1 264.2 233.5 244.1 248.8 264.2 264 22
Issuers of asset-backed securities; agency- and GSE-backed securities; asset FL673061703 0 0 0 0 0 0 0 0 0 23
Mortgage real estate investment trusts; agency- and GSE-backed securities; asset LM643061773 208.5 168.4 149.1 176.5 171.5 172.2 181 176.5 177.4 24
Security brokers and dealers; agency- and GSE-backed securities (net); asset LM663061705 77.8 53.8 108.6 121.4 110 86.5 120.6 121.4 159 25
Holding companies; agency- and GSE-backed securities; asset LM733061703 33.8 24.7 19.2 18 19.1 18.7 18 18 18.2 26
Rest of the world; agency- and GSE-backed securities; asset LM263061705 1276.4 1252.6 1260.6 1429.6 1294.8 1285.7 1324.7 1429.6 1417 27
Instrument discrepancies; agency and GSE-backed securities (level) (2) LM903061703 -591.1 -342 977.8 755.7 822.2 976.1 1243.9 755.7 886.2 28

NOTES

  1. Agency- and GSE-backed securities include: issues of federal budget agencies (line 2) such as those for the TVA; issues of government sponsored enterprises (line 3) such as Fannie Mae and FHLB; and agency- and GSE-backed mortgage pool securities issued by Ginnie Mae, Fannie Mae, Freddie Mac, and the Farmers Home Administration (line 4). Only the budget agency issues are considered officially to be part of the total debt of the federal government, which is shown on table L.106, line 25.
  2. The accumulated valuation difference between issuance and holdings.
Last Update: June 7, 2024