Financial Accounts of the United States - Z.1
S125s1.1.t Government-sponsored enterprises (GSEs) 🕮 PDF
Billions of dollars; quarterly figures are seasonally adjusted annual rates
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Gross saving | FA406000105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 2 | Fixed nonresidential investment | FA405013005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 3 | Net acquisition of financial assets | FA404090005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 4 | Checkable deposits and currency | FA403020005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 5 | Time and savings deposits | FA403030005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 6 | Debt securities | FA404022005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 7 | Open market paper | FA403069105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 8 | Treasury securities | FA403061105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 9 | Agency- and GSE-backed securities | FA403061705 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 10 | Municipal securities | FA403062005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 11 | Corporate and foreign bonds | FA403063005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 12 | Loans | FA404035005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 13 | Federal funds and security repos | FA402050005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 14 | Consumer credit | FA403066005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 15 | Mortgages | FA403065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 16 | One-to-four-family residential | FA403065105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 17 | Consolidated trusts | FA403065195 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 18 | Other | FA403065185 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 19 | Multifamily residential | FA403065405 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 20 | Consolidated trusts | FA403065495 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 21 | Other | FA403065485 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 22 | Farm | FA403065605 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 23 | Other loans and advances | FA403069305 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 24 | Sallie Mae | FA403069385 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 25 | Farm Credit System | FA403069345 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 26 | FHLB loans | FA403069330 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 27 | Miscellaneous assets | FA403093005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 28 | Net increase in liabilities and equity | FA404194005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 29 | Net increase in liabilities | FA404190005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 30 | Other deposits (FHLB deposits) | FA403197033 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 31 | Debt securities (GSE issues) | FA403161705 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 32 | Consolidated trusts | FA403161795 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 33 | Other | FA403161785 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 34 | Loans | FA404141005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 35 | Federal funds and security repos | FA402150005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 36 | U.S. government loans | FA403169283 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 37 | Miscellaneous liabilities | FA403193005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 38 | Net equity issues | FA403181105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 39 | Corporate equities | FA403164105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 40 | Equity in GSEs | FA403192405 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 41 | Discrepancy | FA407005005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Notes:
- Federal Home Loan Banks, Fannie Mae, Freddie Mac, Farmer Mac, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation. The Student Loan Marketing Association (Sallie Mae) was included until it was fully privatized in 2004:Q4. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools (S125S1.2.t) are consolidated on Fannie Mae's and Freddie Mac's balance sheets (S125S1.1.t).
- Consolidated trusts refers to the unpaid balance of securitized mortgages Fannie Mae and Freddie Mac moved on to their balance sheets at the beginning of 2010 in response to new accounting rules.
- Such issues are classified as agency- and GSE-backed securities.
Last Update: 2026-05-22