F.207 Federal Funds and Security Repurchase Agreements (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
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Description Series code 2022 2023 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 Line
All sectors; federal funds and security repurchase agreements; liability FA892150005 708 -379.2 2194.8 -700 -1752.1 -1259.4 -884.7 1074.9 -161.6 1
Monetary authority; security repurchase agreements; liability FA712151003 706.5 -1498.9 -587.6 -1495 -2021.9 -1891 -1655.6 305.2 -612.1 2
U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; liability FA762150005 24.2 59 415.5 -102.3 -41.7 -35.6 5.1 154.8 -0.2 3
U.S.-chartered depository institutions, including IBFs; federal funds; liability (2) FA762152005 24.2 -16.1 -24.8 -3.2 -2.1 -34.3 -10.8 -8.9 -2 4
U.S.-chartered depository institutions, including IBFs; security repurchase agreements; liability FA762151005 0 75.1 440.3 -99.1 -39.6 -1.3 15.9 163.7 1.8 5
Foreign banking offices in the U.S., including IBFs; federal funds and security repurchase agreements; liability FA752150005 -63.3 87.3 269.8 179.8 -19.1 -81.1 180.7 33.6 -512.4 6
Foreign banking offices in the U.S., including IBFs; federal funds; liability (2) FA752152005 0.2 2.8 15.1 59.7 -19.1 -44.3 39.9 -0.9 25.8 7
Foreign banking offices in the U.S., including IBFs; security repurchase agreements; liability FA752151005 -63.5 84.5 254.7 120.1 -0 -36.8 140.7 34.5 -538.2 8
Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions; liability FA472150053 0.2 -0.2 -0.3 -0.1 0 -0.2 0 0 0 9
Property-casualty insurance companies; security repurchase agreements; liability FA512151003 0.1 2.3 1.7 1.8 3.8 1.7 -1.2 5.1 3.4 10
Life insurance companies, general accounts; security repurchase agreements; liability FA542151073 15.8 -0.3 -2.1 8.8 -0.1 -8 2.2 3.7 14.2 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 -18.8 18.5 83.4 -30.2 60.7 -40 -6.5 18.1 74.2 13
Security brokers and dealers; security repurchase agreements; liability FA662151003 55.7 483.9 1569.8 143.5 51.4 170.9 682.9 394.9 514.9 14
Holding companies; security repurchase agreements; liability FA732151003 -0 -0 0.1 -0.2 -0 0 0 0 4.8 15
Rest of the world; security repurchase agreements, including other claims in official reserves; liability FA262151005 -12.4 469.3 444.5 593.9 214.9 623.8 -92.3 159.4 351.7 16
All sectors; federal funds and security repurchase agreements; asset FA892050005 752 159.3 3452.6 -1113.1 -864.2 -838.1 -375.2 669.5 1659.7 17
Nonfinancial corporate business; security repurchase agreements; asset FA102051003 3.4 -2.7 8.7 -1.1 -9.4 -9.2 29.3 -25.2 70 18
Federal government; other U.S. reserves, other claims (repurchase agreements); asset FA313011545 0 -0 0 0 0 -0 0 0.1 0 19
State and local governments; security repurchase agreements; asset FA212051003 4.9 22.7 38.9 15 -9.5 46.5 17.4 24.4 53.5 20
Monetary authority; security repurchase agreements, including other claims in official reserves; asset FA712051005 0 -0 180 -176 -4 -0 0 0.1 10.4 21
U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; asset FA762050005 13.4 -9.2 -24.8 -196.5 -14.9 199.4 -207.9 74.6 299.9 22
U.S.-chartered depository institutions, including IBFs; federal funds; asset (2) FA762052005 0.6 -12.6 -14.5 -29.5 22.5 -28.7 10.7 -9.7 1.2 23
U.S.-chartered depository institutions, including IBFs; security repurchase agreements; asset FA762051005 12.8 3.3 -10.3 -167.1 -37.4 228.1 -218.6 84.3 298.8 24
Foreign banking offices in the U.S. including IBFs; federal funds and security repurchase agreements; asset FA752050005 -10.6 69.9 285.3 52.5 -63.8 5.6 121.3 -4.9 6 25
Foreign banking offices in the U.S., including IBFs; federal funds; asset (2) FA752052005 0.1 -0.2 -0.1 0.2 -0.1 -0.8 -0.1 -0 0.6 26
Foreign banking offices in the U.S., including IBFs; security repurchase agreements; asset FA752051005 -10.7 70.1 285.4 52.3 -63.7 6.5 121.4 -4.9 5.4 27
Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions (net of liabilities before 2002:Q4); asset FA472050053 -0.2 -0 -0.1 0 -0 -0 -0 0 -0 28
Credit unions; federal funds held by Corporate Credit Unions; asset FA472052053 -0.1 -0 -0.1 0 -0 -0 -0 0 -0 29
Credit unions; security repurchase agreements held by Corporate Credit Unions; asset FA472051055 -0.1 0 0 0 0 0 0 0 0 30
Property-casualty insurance companies; security repurchase agreements, including those held by U.S. residual market reinsurers; asset FA512051005 0.1 -1.9 -1.6 -2 -1.1 -3 0.4 1.1 0.7 31
Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset FA542051075 -5.4 1 0.6 2.2 1.1 0 0.3 0.6 2.2 32
Private pension funds; security repurchase agreements; asset FA572051005 -4.3 -1.9 -1.9 -1.9 -2 -1.9 -1.4 -1.5 -3.2 33
State and local government employee defined benefit retirement funds; security repurchase agreements; asset FA222051043 20.2 9.4 21.5 -143.6 142.9 16.6 27.1 49 59 34
Money market funds; security repurchase agreements; asset FA632051000 480.9 -310.8 1347.8 -464.8 -1045.6 -1080.5 -827.9 442.4 401.1 35
Mutual funds; security repurchase agreements (net); asset FA652051003 6.2 -4.5 35.5 27.1 -61.4 -19.3 -12.5 -6.9 3.3 36
Government-sponsored enterprises; federal funds and security repurchase agreements; asset FA402050005 42.5 19.9 443.4 54.1 -290 -127.8 221.4 -230.8 -19.1 37
Government-sponsored enterprises; federal funds held by FHLB; asset (3) FA402052033 18.6 -8.1 83.7 49.9 -49.1 -116.8 22.4 11.9 32.6 38
Security brokers and dealers; security repurchase agreements; asset FA662051003 206.1 164.2 796.4 -91 -134.9 86.4 138.4 193.9 493.7 39
Holding companies; security repurchase agreements; asset FA732051003 3 -2.2 -2.4 -7.5 -2.9 4.1 -9.2 1.6 -0.4 40
Other financial business; security repurchase agreements; asset FA502051005 0.3 1.5 4.3 -2.7 3.1 1.2 -1.1 -1.7 -0.4 41
Rest of the world; security repurchase agreements; asset FA262051005 -8.7 204 320.9 -176.8 628.2 43.8 129.1 152.8 282.8 42
Instrument discrepancies; federal funds and security repurchase agreements FA902050005 -44.1 -538.5 -1257.7 413.1 -887.9 -421.4 -509.5 405.4 -1821.2 43
Monetary authority; security repurchase agreements, reverse repurchase agreement operations; liability (4) FA712151103 649.1 -1535.2 -714.2 -1363.4 -1907 -2156.3 -1696.2 280.6 -795.7 44
Money market funds; security repurchase agreements (Federal Reserve reverse repurchase agreement operations); asset (5) FA632051103 600 -1370.9 -435.1 -1299.4 -1688.2 -2061.1 -1723.6 321.9 -753.9 45
Domestic financial sectors, excluding money market funds; security repurchase agreements (Federal Reserve Reverse Repurchase Agreement Operational Exercise); asset (6) FA792051115 49.2 -164.3 -279.1 -64 -218.8 -95.3 27.4 -41.4 -41.8 46

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 35.
  6. Includes banks (consolidated), government-sponsored enterprises, and primary dealers.
Last Update: December 12, 2024