F.207 Federal Funds and Security Repurchase Agreements (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2021 2022 2023 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 Line
All sectors; federal funds and security repurchase agreements; liability FA892150005 1626.8 708 -379.1 2194.8 -699.9 -1751.8 -1259.7 -884.5 1062.7 1
Monetary authority; security repurchase agreements; liability FA712151003 1967 706.5 -1498.9 -587.6 -1495 -2021.9 -1891 -1655.6 305.2 2
U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; liability FA762150005 -9.9 24.2 59 415.5 -102.3 -41.7 -35.5 5.2 154.7 3
U.S.-chartered depository institutions, including IBFs; federal funds; liability (2) FA762152005 -6.8 24.2 -16.1 -24.8 -3.2 -2.1 -34.2 -10.8 -9 4
U.S.-chartered depository institutions, including IBFs; security repurchase agreements; liability FA762151005 -3.1 0 75.1 440.3 -99.1 -39.6 -1.3 16 163.7 5
Foreign banking offices in the U.S., including IBFs; federal funds and security repurchase agreements; liability FA752150005 -17.5 -63.3 87.3 269.8 179.8 -19.1 -81.1 180.7 34.8 6
Foreign banking offices in the U.S., including IBFs; federal funds; liability (2) FA752152005 -0.8 0.2 2.8 15.1 59.7 -19.1 -44.3 39.9 0.3 7
Foreign banking offices in the U.S., including IBFs; security repurchase agreements; liability FA752151005 -16.7 -63.5 84.5 254.7 120.1 -0 -36.8 140.7 34.5 8
Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions; liability FA472150053 -0 0.2 -0.2 -0.3 -0.1 0 -0.2 0 0 9
Property-casualty insurance companies; security repurchase agreements; liability FA512151003 -0.1 0.1 2.3 1.7 1.8 3.8 1.7 -1.2 5.1 10
Life insurance companies, general accounts; security repurchase agreements; liability FA542151073 1.5 15.8 -0.3 -2.1 8.8 -0.1 -8 2.2 3.7 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 -4.3 -18.8 18.5 83.4 -30.2 60.7 -40 -6.5 18.1 13
Security brokers and dealers; security repurchase agreements; liability FA662151003 -203.9 55.7 483.9 1569.8 143.5 51.4 170.9 682.9 394.9 14
Holding companies; security repurchase agreements; liability FA732151003 0 -0 -0 0.1 -0.1 0.3 -0.4 0 -0 15
Rest of the world; security repurchase agreements; liability FA262151003 -106.1 -12.4 469.3 444.5 593.9 214.9 623.8 -92.2 146.1 16
All sectors; federal funds and security repurchase agreements; asset FA892050005 1348.9 751.4 158.4 3452.9 -1113.6 -863.2 -842.4 -394.8 599.7 17
Nonfinancial corporate business; security repurchase agreements; asset FA102051003 -10.3 3.4 -1.5 8.7 -1.1 -1.4 -12.2 29.2 -27.9 18
State and local governments; security repurchase agreements; asset FA212051003 25.6 4.4 16 37.6 6.1 -18.1 38.5 8.8 14.7 19
Monetary authority; security repurchase agreements; asset FA712051000 -1 0 0 180 -176 -4 0 0 0 20
U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; asset FA762050005 -220.8 13.4 -9.2 -24.8 -196.5 -14.9 199.4 -208 74.6 21
U.S.-chartered depository institutions, including IBFs; federal funds; asset (2) FA762052005 0.2 0.6 -12.6 -14.6 -29.5 22.5 -28.7 10.6 -9.7 22
U.S.-chartered depository institutions, including IBFs; security repurchase agreements; asset FA762051005 -221 12.8 3.3 -10.3 -167.1 -37.4 228.1 -218.6 84.3 23
Foreign banking offices in the U.S. including IBFs; federal funds and security repurchase agreements; asset FA752050005 -47.8 -10.6 69.9 285.3 52.5 -63.8 5.6 121.3 -4.9 24
Foreign banking offices in the U.S., including IBFs; federal funds; asset (2) FA752052005 -0.1 0.1 -0.2 -0.1 0.2 -0.1 -0.8 -0.1 -0 25
Foreign banking offices in the U.S., including IBFs; security repurchase agreements; asset FA752051005 -47.6 -10.7 70.1 285.4 52.3 -63.7 6.5 121.4 -4.9 26
Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions (net of liabilities before 2002:Q4); asset FA472050053 -0.3 -0.2 -0 -0.1 0 -0 -0 -0 0 27
Credit unions; federal funds held by Corporate Credit Unions; asset FA472052053 0 -0.1 -0 -0.1 0 -0 -0 -0 0 28
Credit unions; security repurchase agreements held by Corporate Credit Unions; asset FA472051055 -0.3 -0.1 0 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 0.1 -1.9 -1.6 -2 -1.1 -3 0.4 1.1 30
Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset FA542051075 1.6 -5.4 1 0.6 2.2 1.1 0 0.3 0.6 31
Private pension funds; security repurchase agreements; asset FA572051005 0.3 -4.3 -1.1 -1.3 -1.2 -0.8 -1.2 -1.3 -1.3 32
State and local government employee defined benefit retirement funds; security repurchase agreements; asset FA222051043 19.7 20.3 10.8 21.6 -143.4 143.5 21.4 16.6 8.7 33
Money market funds; security repurchase agreements; asset FA632051000 1427 480.9 -310.8 1347.8 -464.8 -1045.6 -1080.5 -827.9 438 34
Mutual funds; security repurchase agreements (net); asset FA652051003 30.1 6 -4.2 36.6 27.2 -61.9 -18.7 -12.6 0.6 35
Government-sponsored enterprises; federal funds and security repurchase agreements; asset FA402050005 -2.8 42.5 19.9 443.4 54.1 -290 -127.8 221.4 -230.8 36
Government-sponsored enterprises; federal funds held by FHLB; asset (3) FA402052033 15.9 18.6 -8.1 83.7 49.9 -49.1 -116.8 22.4 11.9 37
Security brokers and dealers; security repurchase agreements; asset FA662051003 -66.7 206.1 164.2 796.4 -91 -134.9 86.4 138.4 193.9 38
Holding companies; security repurchase agreements; asset FA732051003 -15.3 3 -0.1 -2.4 -0.3 -2.5 4.7 -9.7 -6.1 39
Other financial business; security repurchase agreements; asset FA502051005 -1.8 0.3 1.5 4.3 -2.7 3.1 1.2 -1.1 -1.7 40
Rest of the world; security repurchase agreements; asset FA262051005 211.4 -8.7 204 320.9 -176.8 628.2 43.8 129.3 140.3 41
Instrument discrepancies; federal funds and security repurchase agreements FA902050005 277.9 -43.4 -537.6 -1258.1 413.8 -888.5 -417.4 -489.7 463 42
Monetary authority; security repurchase agreements, reverse repurchase agreement operations; liability (4) FA712151103 1894.9 649.1 -1535.2 -714.2 -1363.4 -1907 -2156.3 -1696.2 280.6 43
Money market funds; security repurchase agreements (Federal Reserve reverse repurchase agreement operations); asset (5) FA632051103 1730 600 -1370.9 -435.1 -1299.4 -1688.2 -2061.1 -1723.6 321.9 44
Domestic financial sectors, excluding money market funds; security repurchase agreements (Federal Reserve Reverse Repurchase Agreement Operational Exercise); asset (6) FA792051115 164.9 49.2 -164.3 -279.1 -64 -218.8 -95.3 27.4 -41.4 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: September 12, 2024