The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.
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Stocks outstanding calculated by applying ratio of mutual funds' holdings of bonds to total assets (FL654022005 / FL654090000) to separate accounts' total mutual fund share holdings (FL543064385). Annual transactions are equal to change in stocks outstanding less FOF Section estimate of capital gain on bonds in IRAs. Quarterly stocks outstanding and transactions are FOF Section estimates based on estimates of capital gains in separate accounts. The last ten years of data show no significant seasonality.