Financial Accounts of the United States - Z.1
F.109 Monetary Authority (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2022 | 2023 | 2024 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Monetary authority; gross saving | FA716000105 | -16.7 | -117.8 | -94.9 | -135.4 | -95.0 | -95.0 | -94.9 | -94.9 | -94.9 | 1 |
| Monetary authority; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA715013005 | 1.2 | 1.2 | 1.3 | 1.2 | 1.2 | 1.2 | 1.3 | 1.3 | 1.3 | 2 |
| Monetary authority; total financial assets | FA714090005 | -198.6 | -842.5 | -844.9 | -1203.5 | -1168.1 | -883.7 | -957.0 | -741.1 | -797.9 | 3 |
| Monetary authority; interbank transactions with all depository institutions; asset | FA714010005 | -7.1 | 126.1 | -125.8 | -320.5 | -242.5 | 14.3 | -94.0 | -140.8 | -282.7 | 4 |
| Monetary authority; Federal Reserve float; asset | FA713022003 | 0.0 | -0.0 | -0.5 | -0.1 | -0.8 | -0.3 | -0.0 | -0.2 | -1.6 | 5 |
| Monetary authority; loans to depository institutions, including AMLF, MMLF, and PPPLF; asset | FA713068705 | -4.2 | 125.0 | -125.4 | -320.8 | -246.3 | 19.1 | -94.6 | -140.6 | -285.4 | 6 |
| Monetary authority; loans to domestic banks through the discount window; asset (2) | FA713068703 | 4.7 | -1.8 | -0.2 | -0.5 | -2.8 | 13.2 | 3.7 | -19.7 | 1.9 | 7 |
| U.S.-chartered depository institutions; commercial paper funded by borrowing from the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF) and Money Market Mutual Fund Liquidity Facility (MMLF); asset (3) | FA763069143 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 8 |
| Monetary authority; loans to depository institutions under the Paycheck Protection Program Liquidity Facility (PPPLF), assets (4) | FA713068725 | -8.9 | -2.4 | -0.4 | -4.3 | -1.4 | -0.9 | -0.2 | 0.3 | -0.8 | 9 |
| Monetary authority; loans to domestic banks through the Bank Term Funding Program; asset | FA713068763 | 0.0 | 129.2 | -124.8 | 23.8 | 85.4 | 6.8 | -98.1 | -121.2 | -286.5 | 10 |
| Monetary authority; loans to domestic banks through other credit extensions; asset | FA713068753 | 0.0 | 0.0 | 0.0 | -339.8 | -327.5 | 0.0 | 0.0 | 0.0 | 0.0 | 11 |
| Federal government; other U.S. reserves, currency and deposits; asset | FA713011515 | -0.0 | 0.2 | 0.4 | 0.3 | 0.1 | 0.2 | 0.5 | 0.2 | 0.5 | 12 |
| Monetary authority; nonofficial foreign currencies (swap lines); asset (5) | FA713091103 | -2.9 | 0.9 | -0.2 | 0.0 | 4.5 | -4.7 | 0.1 | -0.2 | 3.9 | 13 |
| Monetary authority; coin; asset | FA713012003 | -0.0 | 0.2 | 0.1 | 0.5 | -0.2 | 0.5 | -0.5 | 0.3 | -0.1 | 14 |
| Monetary authority; reserve position in IMF (net); asset | FA713011405 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.2 | 0.2 | 0.0 | 0.0 | 15 |
| Monetary authority; security repurchase agreements, including other claims in official reserves; asset | FA712051005 | 0.0 | -0.0 | 0.1 | -4.0 | -0.0 | 0.0 | 0.1 | 10.5 | -10.4 | 16 |
| Monetary authority; debt securities; asset | FA714022005 | -175.9 | -957.2 | -719.3 | -880.8 | -893.0 | -884.0 | -879.4 | -599.5 | -514.4 | 17 |
| Monetary authority; bankers' acceptances; asset | FA713069603 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 18 |
| Monetary authority; total Treasury securities; asset | FA713061103 | -188.2 | -740.9 | -514.2 | -640.2 | -695.2 | -704.9 | -663.7 | -377.9 | -310.3 | 19 |
| Monetary authority; Treasury bills; asset | FA713061113 | -39.4 | -72.4 | -21.2 | -120.4 | -87.3 | -85.4 | 0.2 | 1.1 | -0.6 | 20 |
| Monetary authority; other Treasury securities, excluding Treasury bills; asset | FA713061125 | -148.8 | -668.6 | -493.1 | -519.8 | -607.9 | -619.5 | -663.9 | -379.0 | -309.8 | 21 |
| Monetary authority; agency- and GSE-backed securities; asset | FA713061705 | 12.3 | -216.3 | -205.1 | -240.6 | -197.7 | -178.7 | -215.7 | -221.7 | -204.3 | 22 |
| Monetary authority; agency mortgage-backed securities; asset | FA713061903 | 12.3 | -216.2 | -205.1 | -240.6 | -197.7 | -178.7 | -215.7 | -221.7 | -204.3 | 23 |
| Monetary authority; agency- and GSE-backed securities other than MBS; asset | FA713061703 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | 24 |
| Federal government; other U.S. reserves, foreign securities; asset | FA713011525 | 0.0 | -0.0 | 0.0 | 0.0 | -0.0 | -0.3 | 0.1 | 0.0 | 0.3 | 25 |
| Monetary authority; depository institution loans n.e.c.; asset | FA713068005 | -19.2 | -13.4 | -4.9 | -9.7 | -23.2 | -6.1 | -4.0 | -6.1 | -3.5 | 26 |
| Monetary authority; depository institution loans n.e.c. to households under Term Asset-Backed Securities Loan Facility (TALF I); asset | FA713068813 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 27 |
| Monetary authority; loans to brokers and dealers; asset (6) | FA713068665 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 28 |
| Monetary authority; loans to finance companies under the Paycheck Protection Program Liquidity Facility (PPPLF); asset (4) | FA713068863 | -13.5 | -5.6 | -1.1 | -4.6 | -4.7 | -0.7 | -0.7 | -2.4 | -0.5 | 29 |
| Monetary authority; depository institution loans n.e.c. to other financial business; asset (7) | FA713068505 | -5.7 | -7.8 | -3.9 | -5.1 | -18.4 | -5.5 | -3.3 | -3.7 | -3.0 | 30 |
| Monetary authority; corporate equities; asset (8) | FA713064103 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 31 |
| Monetary authority; total miscellaneous assets | FA713090005 | 3.6 | 1.8 | 5.0 | 11.0 | -9.3 | -8.3 | 20.6 | -5.4 | 13.2 | 32 |
| Monetary authority; monetary gold certificates; asset | FA713011203 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 33 |
| Monetary authority; SDR certificates issued by federal government; asset | FA713014003 | 0.0 | 0.0 | 10.0 | 0.0 | 0.0 | 0.0 | 20.0 | 0.0 | 20.0 | 34 |
| Monetary authority; unidentified miscellaneous assets | FA713093005 | 3.6 | 1.8 | -5.0 | 11.0 | -9.3 | -8.3 | 0.6 | -5.4 | -6.8 | 35 |
| Monetary authority; total liabilities and equity | FA714194005 | -198.5 | -842.3 | -844.8 | -1203.6 | -1168.2 | -883.7 | -957.1 | -741.1 | -797.2 | 36 |
| Monetary authority; total liabilities | FA714190005 | -199.6 | -843.4 | -845.9 | -1204.8 | -1168.6 | -884.8 | -957.7 | -741.7 | -799.3 | 37 |
| Monetary authority; depository institution reserves, excluding FHLB deposits; liability | FA713113003 | -959.5 | 449.9 | -242.4 | 79.1 | 272.4 | 843.8 | -1167.6 | -517.1 | -128.6 | 38 |
| Monetary authority; checkable deposits and currency; liability | FA713120005 | 74.8 | 319.7 | -20.3 | 529.2 | 575.8 | 24.0 | 313.9 | 95.7 | -514.9 | 39 |
| Monetary authority; checkable deposits due to the federal government; liability | FA713123005 | 40.6 | 322.2 | -46.8 | 685.2 | 511.4 | -14.7 | 335.0 | 43.4 | -550.8 | 40 |
| Monetary authority; Treasury cash holdings; liability | FA713123023 | 0.0 | 0.3 | -0.1 | 0.4 | 0.2 | 0.2 | -0.1 | -0.4 | 0.0 | 41 |
| Monetary authority; deposits in Treasury general deposit account; liability | FA713123030 | 40.6 | 321.9 | -46.7 | 684.8 | 511.2 | -14.9 | 335.2 | 43.7 | -550.8 | 42 |
| Monetary authority; deposits in Treasury temporary supplementary financing account; liability | FA713123043 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 43 |
| Monetary authority; checkable deposits due to government-sponsored enterprises, including FHLB deposits; liability | FA713124005 | -11.8 | 3.4 | -1.1 | 9.3 | 2.6 | -6.2 | 3.1 | -4.1 | 3.0 | 44 |
| Monetary authority; total checkable deposits due to other financial business; liability (9) | FA713129005 | -25.4 | -44.3 | 2.0 | -97.1 | 28.5 | -6.5 | -36.3 | 42.9 | 8.0 | 45 |
| Monetary authority; checkable deposits due to rest of the world; liability | FA713122605 | -0.4 | 0.8 | -0.0 | -0.1 | 0.0 | 16.9 | -16.9 | -0.0 | 0.0 | 46 |
| Monetary authority; currency outside banks; liability | FA713125005 | 75.6 | 40.5 | 22.8 | -46.2 | 33.9 | 44.5 | 14.5 | 15.2 | 17.0 | 47 |
| Private depository institutions; vault cash; asset | FA703025005 | -3.8 | -2.9 | 2.7 | -21.9 | -0.7 | -9.9 | 14.5 | -1.6 | 7.8 | 48 |
| Monetary authority; security repurchase agreements; liability | FA712151003 | 706.5 | -1498.9 | -502.3 | -2021.9 | -1891.0 | -1655.6 | 305.2 | -612.1 | -46.6 | 49 |
| Monetary authority; security repurchase agreements, reverse repurchase agreement operations; liability (10) | FA712151103 | 649.1 | -1535.2 | -545.0 | -1907.0 | -2156.3 | -1696.2 | 280.6 | -795.7 | 31.3 | 50 |
| Monetary authority; security repurchase agreements, excluding those in the reverse repurchase agreement operations; liability (11) | FA712151115 | 57.4 | 36.3 | 42.7 | -114.9 | 265.3 | 40.6 | 24.6 | 183.6 | -77.9 | 51 |
| Monetary authority; unidentified miscellaneous liabilities | FA713193005 | -21.4 | -114.1 | -80.9 | 208.8 | -125.8 | -97.0 | -409.2 | 291.8 | -109.2 | 52 |
| Monetary authority; equity and investment fund shares; liability (SBS) | FA713164005 | 1.1 | 1.1 | 1.1 | 1.3 | 0.5 | 1.2 | 0.6 | 0.6 | 2.1 | 53 |
| Federal government; Exchange Stabilization Fund Economic Recovery Programs investment in Money Market Mutual Fund Liquidity Facility (MMLF); asset | FA313094213 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 54 |
| Monetary authority; Federal Reserve bank stock; liability | FA713164003 | 1.1 | 1.1 | 1.1 | 1.3 | 0.5 | 1.2 | 0.6 | 0.6 | 2.1 | 55 |
| Monetary authority; sector discrepancy | FA717005005 | -17.8 | -118.8 | -96.1 | -136.7 | -96.2 | -96.1 | -96.3 | -96.2 | -95.5 | 56 |
NOTES
- Assets and liabilities of Federal Reserve Banks. Excludes the accounts of the Federal Reserve Board.
- Loans extended to U.S.-chartered depository institutions through term auction credit, primary credit, secondary credit, and seasonal credit.
- Loans extended to U.S.-chartered depository institutions through the 2008-2010 Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF) and the 2020 Money Market Mutual Fund Liquidity Facility (MMLF). The AMLF was dissolved in 2010:Q1.
- Loans extended to depository institutions (line 9) and finance companies (line 29) through the Paycheck Protection Program Liquidity Facility (PPPLF).
- Reciprocal currency arrangements (swap lines) with foreign central banks.
- Loans extended through the Federal Reserve's Primary Dealer Credit Facility (PDCF), AMLF (2008-2010), and MMLF (2020).
- Loans extended to Federal Reserve funding, credit, and liquidity facility special purpose vehicles created in response to the 2008 Financial Crisis and COVID-19 pandemic.
- Preferred interests in AIA Aurora LLC and ALICO Holdings LLC, which were created to hold the outstanding common stock of two AIG life insurance subsidiaries.
- Deposits of designated financial market utilities (DFMU) and deposits of Federal Reserve facility LLC's special purpose vehicles.
- Reverse repurchase agreements (RRPs) conducted as part of the Federal Reserve's Overnight RRP Operational Exercise (beginning 2013:Q3) and term RRP operations (beginning 2014:Q4).
- Includes reverse repurchase agreements conducted through the Federal Reserve's Foreign Repo Pool.
Last Update: March 13, 2025