Financial Accounts of the United States - Z.1
F4.1.s Federal funds and security repurchase agreements 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 | 2026:Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Total liabilities | FL892150005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 2 | Central bank | FL712151003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 3 | U.S.-chartered depository institutions | FL762150005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 4 | Federal funds(2) | FL762152005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 5 | Security repurchase agreements | FL762151005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 6 | Foreign banking offices in U.S. | FL752150005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 7 | Federal funds(2) | FL752152005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 8 | Security repurchase agreements | FL752151005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 9 | Credit unions | FL472150053 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 10 | Property-casualty insurance companies | FL512151003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 11 | Life insurance companies | FL542151073 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 12 | Government-sponsored enterprises | FL402150005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 13 | ABS issuers | FL672151003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 14 | Mortgage REITs | FL642151073 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 15 | Interval and tender offer funds | FL462151005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 16 | Hedge funds | FL622151003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 17 | Brokers and dealers | FL662151003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 18 | Holding companies | FL732151003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 19 | Rest of the world | FL262151005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 20 | Total assets | FL892050005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 21 | Nonfinancial corporate business | FL102051003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 22 | Federal government | FL313011545 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 23 | State and local governments | FL212051003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 24 | Central bank | FL712051005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 25 | U.S.-chartered depository institutions | FL762050005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 26 | Federal funds(2) | FL762052005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 27 | Security repurchase agreements | FL762051005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 28 | Foreign banking offices in U.S. | FL752050005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 29 | Federal funds(2) | FL752052005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 30 | Security repurchase agreements | FL752051005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 31 | Credit unions | FL472050053 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 32 | Federal funds | FL472052053 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 33 | Security repurchase agreements | FL472051055 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 34 | Property-casualty insurance companies | FL512051005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 35 | Life insurance companies | FL542051075 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 36 | Private pension funds | FL572051005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 37 | State and local govt. pension funds | FL222051043 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 38 | Money market funds | FL632051000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 39 | Mutual funds (net) | FL652051003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 40 | Hedge funds | FL622051003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 41 | Government-sponsored enterprises | FL402050005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 42 | Of which: FHLB federal funds(3) | FL402052033 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 43 | Brokers and dealers | FL662051003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 44 | Holding companies | FL732051003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 45 | Other financial business | FL502051005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 46 | Rest of the world | FL262051005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 47 | Discrepancy | FL902050005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Memo: | |||||||||||
| Line 48 | Effective federal funds rate (percent)(4) | FL072052006 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Federal Reserve's reverse repurchase agreement operations: | |||||||||||
| Line 49 | Central bank (liabilities)(5) | FL712151103 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 50 | Money market funds (assets)(6) | FL632051103 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 51 | Other financial institutions (assets)(7) | FL792051115 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Notes:
- 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.
- Excludes term federal funds.
- Includes term federal funds.
- The effective federal funds rate is a weighted average of rates on brokered trades. Annualized using a 360-day year.
- Included in line 2.
- Included in line 36.
- Includes banks (consolidated), government-sponsored enterprises, and primary dealers.
Last Update: August 28, 2026