L.211 Agency- and GSE-Backed Securities (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2021 2022 2023 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 Line
All sectors; U.S. government agency securities; liability FL893161705 10699.2 11678.6 11976 12041.3 11972.4 11938.8 11976 11973.7 12057.5 1
Federal government; budget agency securities; liability FL313161705 19.8 19.8 20.2 19.7 18 19.6 20.2 19.9 20.2 2
Government-sponsored enterprises; GSE issues; liability FL403161705 8177.6 8970.8 9085.1 9303.7 9189.4 9098.3 9085.1 9047.5 9086.5 3
Agency-and GSE-backed mortgage pools; total mortgages; asset FL413065005 2501.8 2687.9 2870.7 2717.9 2765 2820.9 2870.7 2906.2 2950.8 4
All sectors; agency- and GSE-backed securities; asset FL893061705 11040.8 10700.4 11171.6 11221.1 11028.3 10725.9 11171.6 11017.8 11084.5 5
Households and nonprofit organizations; agency- and GSE-backed securities; asset LM153061705 452.2 1124 1330.7 1263.4 1195.8 1239.2 1330.7 1273.7 1400.7 6
Nonfinancial corporate business; agency- and GSE-backed securities; asset LM103061703 26.6 29.7 33.7 29.9 34.3 35.8 33.7 33.4 28.1 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 415.4 412.2 428.7 427.2 426.6 414.1 428.7 429.2 436.3 9
Monetary authority; agency- and GSE-backed securities; asset LM713061705 2681.1 2292.7 2120.7 2282.9 2199.2 2026.1 2120.7 2028.5 1962.5 10
U.S.-chartered depository institutions; agency- and GSE-backed securities; asset LM763061705 3505.5 2873 2782.5 2911.2 2831.4 2672.5 2782.5 2727.9 2730.6 11
Foreign banking offices in the U.S.; agency- and GSE-backed securities; asset LM753061703 53.5 48.1 43 42.3 45.3 42.7 43 42.8 43.6 12
Banks in U.S.-affiliated areas; agency- and GSE-backed securities; asset LM743061703 16.5 16.2 15.5 16 15.7 15.7 15.5 15.2 15 13
Credit unions; agency- and GSE-backed securities; asset LM473061705 307.5 276.6 253.9 274.8 264.3 252.5 253.9 250.2 253.4 14
Property-casualty insurance companies; agency- and GSE-backed securities, including those held by U.S. residual market reinsurers; asset LM513061705 136 129.2 160.1 134.1 138.4 148 160.1 167.7 176.8 15
Life insurance companies; agency- and GSE-backed securities; asset LM543061705 319.9 265.4 265.1 266 263 257.8 265.1 269.9 274.7 16
Private pension funds; agency- and GSE-backed securities; asset LM573061705 259.2 219.5 228.3 223.1 222.8 221.6 228.3 229.2 231.4 17
Federal government retirement funds; agency- and GSE-backed securities; asset LM343061705 11.7 9.4 10 9.7 9.9 9.8 10 10 10.1 18
State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset LM223061743 198.5 162.8 159.8 155.1 167.1 150.4 159.8 163.6 165.9 19
Money market funds; agency- and GSE-backed securities; asset FL633061700 409.9 579.8 708.2 791.9 754.5 690.2 708.2 728.9 741.3 20
Mutual funds; agency- and GSE-backed securities; asset (market value) LM653061703 539.3 536.9 698.9 591.2 648.8 653.1 698.9 710.1 713.3 21
Government-sponsored enterprises; agency- and GSE-backed securities; asset LM403061705 208.4 215.1 264.2 233.5 244.1 248.8 264.2 264 268.2 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 168.4 149.1 176.5 171.5 172.2 181 176.5 177.4 182.6 24
Security brokers and dealers; agency- and GSE-backed securities (net); asset LM663061705 53.8 108.6 121.4 110 86.5 120.6 121.4 159 141.9 25
Holding companies; agency- and GSE-backed securities; asset LM733061703 24.7 19.2 18 19.1 18.7 18 18 18.2 18.6 26
Rest of the world; agency- and GSE-backed securities; asset LM263061705 1252.6 1232.9 1352.4 1268.1 1289.6 1328 1352.4 1319.1 1289.7 27
Instrument discrepancies; agency and GSE-backed securities (level) (2) LM903061703 -341.7 978.1 804.3 820.2 944 1212.9 804.3 955.8 973 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: September 12, 2024