Financial Accounts of the United States - Z.1
L.121 Money market funds1
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 | FL634090005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 2 | Time and savings deposits | FL633030000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 3 | Other deposits (foreign deposits) | FL633091003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 4 | Security repurchase agreements | FL632051000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 5 | Debt securities | FL634022005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 6 | Open market paper | FL633069175 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 7 | Treasury securities | FL633061105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 8 | Agency- and GSE-backed securities | FL633061700 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 9 | Municipal securities | FL633062000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 10 | Corporate and foreign bonds | FL633063005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 11 | Miscellaneous assets (net) | FL633093005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 12 | Total shares outstanding (liabilities) | FL634090005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Memo: | |||||||||||
| Line 13 | Stable NAV money market funds included above | FL634090010 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 14 | Floating NAV money market funds included above2 | FL634090020 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 15 | Government money market funds included above | FL634090033 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 16 | Prime money market funds included above | FL634090043 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 17 | Tax-exempt money market funds included above | FL634090053 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 18 | Variable annuity money market funds included above | FL634090503 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Notes:
- Open-end investment companies including variable annuity money market funds.
- Floating NAV data begin 2016:Q4, corresponding to the implementation of Securities and Exchange Commission money market reforms on October 14, 2016. Some funds used floating NAV prior to this date.
Last Update: March 9, 2026