Financial Accounts of the United States - Z.1
L.106 Federal government
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Total financial assets | FL314090005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 2 | Monetary gold and SDRs | FL313011105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 3 | Checkable deposits and currency | FL313020005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 4 | Time and savings deposits | FL313030003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 5 | Other deposits | FL313030505 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 6 | Repurchase agreements (official reserves) | FL313011545 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 7 | Debt securities | FL314022005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 8 | Agency- and GSE-backed securities | FL313061703 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 9 | Corporate and foreign bonds | FL313063005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 10 | Loans | FL314023005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 11 | Other loans and advances | FL313069005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 12 | Mortgages | FL313065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 13 | Consumer credit1 | FL313066220 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 14 | Corporate equities2 | LM313064105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 15 | Miscellaneous other equity | FL313081115 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 16 | Trade receivables | FL313070000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 17 | Taxes receivable | FL313078000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 18 | Total liabilities | FL314190005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 19 | SDR allocations | LM313111303 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 20 | Treasury currency | FL313125003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 21 | Other deposits (Postal Savings System deposits) | FL313131003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 22 | Debt securities | FL314122005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 23 | Treasury securities3 | FL313161105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 24 | Budget agency securities | FL313161705 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 25 | Loans | FL314123005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 26 | Multifamily residential mortgages | FL313165403 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 27 | Other loans and advances | FL313169005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 28 | Of which: nonmarketable Treasury securities4 | FL313169205 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 29 | Insurance reserves | FL313140003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 30 | Trade payables | FL313170005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 31 | Miscellaneous liabilities | FL313190005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 32 | Gold certificates | FL713011203 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 33 | SDR certificates | FL713014003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 34 | Claims of pension fund on sponsor | FL343073045 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 35 | PPP subsidies payable | FL313172003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 36 | Other | FL313190015 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Notes:
- Includes loans originated by the Department of Education under the Federal Direct Loan Program, as well as Federal Family Education Loan Program loans that the government purchased from depository institutions and finance companies.
- Corporate equities purchased from financial businesses under the Troubled Asset Relief Program (TARP) and from GSEs at market price.
- Marketable Treasury securities (net of premiums and discounts) issued by the federal government.
- Nonmarketable Treasury securities are classified as other loans and advances because they are not negotiable and are therefore not considered debt securities.
Last Update: March 9, 2026