Board of Governors of the Federal Reserve System

Financial Accounts of the United States - Z.1

F.207 Federal Funds and Security Repurchase Agreements

2016:Q3 Release Date: December 8, 2016

Billions of dollars; quarterly figures are seasonally adjusted annual rates


Description		 Series code 2014
2015
2015
Q1		 2015
Q2		 2015
Q3		 2015
Q4		 2016
Q1		 2016
Q2		 2016
Q3
Line
All sectors; federal funds and security repurchase agreements; liability FA892150005 25.0 49.8 254.8 -247.4 599.7 -408.0 -415.9 622.6 444.6 1
Monetary authority; security repurchase agreements; liability FA712151003 193.9 202.6 108.1 85.2 331.7 285.3 -647.4 -26.8 484.8 2
U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; liability FA762150005 -33.2 -39.4 -30.1 -9.8 -81.2 -36.4 -12.4 -38.5 -16.1 3
U.S.-chartered depository institutions, including IBFs; federal funds; liability FA762152005 -19.7 0.8 -39.9 22.0 -17.8 38.7 1.1 -45.4 16.6 4
U.S.-chartered depository institutions, including IBFs; security repurchase agreements; liability FA762151005 -13.5 -40.1 9.8 -31.8 -63.4 -75.1 -13.5 6.9 -32.6 5
Foreign banking offices in the U.S., including IBFs; federal funds and security repurchase agreements; liability FA752150005 58.6 35.3 -34.1 22.4 3.4 149.7 -17.0 91.1 43.7 6
Foreign banking offices in the U.S., including IBFs; federal funds; liability FA752152005 8.3 -0.3 45.4 -63.3 16.9 -0.1 30.4 1.3 16.8 7
Foreign banking offices in the U.S., including IBFs; security repurchase agreements; liability FA752151005 50.2 35.6 -79.5 85.6 -13.5 149.8 -47.4 89.8 26.9 8
Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions; liability FA472150053 0.0 0.0 0.1 0.0 -0.0 -0.0 0.0 -0.0 -0.1 9
Property-casualty insurance companies; security repurchase agreements; liability FA512151003 -0.4 0.4 0.4 0.0 0.6 0.5 -3.7 0.0 0.5 10
Life insurance companies, general accounts; security repurchase agreements; liability FA542151073 1.0 0.9 1.0 1.2 -0.1 1.5 0.3 -1.3 0.6 11
Government-sponsored enterprises; federal funds and security repurchase agreements; liability FA402150005 0.1 -0.1 0.1 -0.3 0.5 -0.5 0.0 0.0 0.0 12
Mortgage real estate investment trusts; security repurchase agreements; liability FA642151073 10.0 -45.5 -13.0 -52.9 -79.9 -36.4 0.8 -12.4 -27.4 13
Security brokers and dealers; security repurchase agreements; liability FA662151003 -220.9 -179.4 -49.8 -219.8 53.7 -501.7 -8.9 227.5 52.7 14
Holding companies; security repurchase agreements; liability FA732151003 -0.0 0.1 0.1 0.1 0.1 0.0 -0.1 -0.0 0.0 15
Rest of the world; security repurchase agreements; liability FA262151003 16.0 74.9 272.1 -73.4 370.9 -270.0 272.3 383.0 -94.1 16
All sectors; federal funds and security repurchase agreements; asset FA892050005 135.0 -69.9 1.4 -188.4 481.3 -573.8 -343.5 686.7 866.2 17
Nonfinancial corporate business; security repurchase agreements; asset FA102051003 12.9 6.0 2.4 6.5 12.2 2.9 -12.7 -5.0 0.6 18
State and local governments, excluding employee retirement funds; security repurchase agreements; asset FA212051003 5.5 10.2 12.5 3.8 12.4 12.3 3.2 3.5 7.6 19
Monetary authority; security repurchase agreements; asset FA712051000 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20
U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; asset FA762050005 -30.4 24.8 120.2 -24.8 13.6 -10.0 -16.8 40.0 75.2 21
U.S.-chartered depository institutions, including IBFs; federal funds; asset FA762052005 -16.4 -11.2 -20.7 -12.0 -12.7 0.4 9.9 -13.5 6.4 22
U.S.-chartered depository institutions, including IBFs; security repurchase agreements; asset FA762051005 -14.0 36.0 140.9 -12.8 26.3 -10.3 -26.8 53.5 68.8 23
Foreign banking offices in the U.S. including IBFs; federal funds and security repurchase agreements; asset FA752050005 41.1 0.4 -73.4 43.0 -48.2 80.1 -50.8 -9.7 5.4 24
Foreign banking offices in the U.S., including IBFs; federal funds; asset FA752052005 -0.0 -0.4 -0.8 0.7 -2.0 0.6 -0.2 0.0 0.6 25
Foreign banking offices in the U.S., including IBFs; security repurchase agreements; asset FA752051005 41.1 0.8 -72.5 42.3 -46.2 79.5 -50.5 -9.7 4.9 26
Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions (net of liabilities before 2002:Q4); asset FA472050053 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27
Credit unions; federal funds held by Corporate Credit Unions; asset FA472052053 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28
Credit unions; security repurchase agreements held by Corporate Credit Unions; asset FA472051053 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29
Property-casualty insurance companies; security repurchase agreements; asset FA512051003 0.1 0.0 -0.1 -0.1 0.1 -0.0 -1.8 0.1 2.6 30
Life insurance companies, general accounts; security repurchase agreements; asset FA542051073 0.0 -0.5 -0.7 -1.0 1.7 -1.9 0.7 -0.2 0.1 31
Private pension funds; security repurchase agreements; asset FA572051005 0.2 -0.2 -0.3 -0.2 -0.3 -0.2 0.1 0.0 -0.0 32
State and local government employee defined benefit retirement funds; security repurchase agreements; asset FA222051043 0.3 0.0 0.2 0.2 -0.2 -0.1 -0.7 0.6 0.1 33
Money market mutual funds; security repurchase agreements; asset FA632051000 152.9 44.8 50.7 11.2 127.1 -9.8 -276.3 138.7 787.8 34
Mutual funds; security repurchase agreements; asset FA652051003 9.9 -12.4 -5.2 -16.6 -22.9 -4.8 20.5 -10.1 -3.9 35
Government-sponsored enterprises; federal funds and security repurchase agreements; asset FA402050005 10.3 20.2 -17.9 -68.5 31.9 135.5 -92.0 19.9 29.6 36
Government-sponsored enterprises; federal funds held by FHLB; asset FA402052033 23.3 -10.4 -40.9 -3.6 -42.5 45.5 28.1 -14.9 50.0 37
Security brokers and dealers; security repurchase agreements; asset FA662051003 -168.2 -19.5 -55.8 129.6 289.7 -441.5 -71.9 328.4 27.5 38
Holding companies; security repurchase agreements; asset FA732051003 -5.1 -0.4 12.9 7.3 -14.5 -7.3 3.4 0.7 -3.4 39
Funding corproations; security repurchase agreements; asset FA502051003 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40
Rest of the world; security repurchase agreements; asset FA262051003 105.6 -143.4 -44.4 -278.8 78.6 -329.1 151.7 179.7 -62.8 41
Instrument discrepancies; federal funds and security repurchase agreements FA902050005 -110.0 119.7 253.4 -59.0 118.4 165.8 -72.5 -64.1 -421.6 42
Monetary authority; security repurchase agreements, reverse repurchase agreement operations; liability FA712151103 199.0 77.9 -72.9 56.4 228.0 99.9 -683.0 -100.2 534.9 43
Money market mutual funds; security repurchase agreements (Federal Reserve reverse repurchase agreement operations); asset FA632051103 207.9 52.8 -103.8 107.5 169.1 38.3 -625.2 -99.6 566.3 44
Domestic financial sectors, excluding money market mutual funds; security repurchase agreements (Federal Reserve Reverse Repurchase Agreement Operational Exercise); asset FA792051115 -9.0 25.1 31.0 -51.1 59.0 61.6 -57.7 -0.6 -31.4 45

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NOTES

  1. Detailed data on federal funds and security repurchase agreements are only available beginning 2012:Q1 for U.S.-chartered despository institutions, 2003:Q1 for foreign banking offices in U.S., 2010:Q4 for credit unions, and 2000:Q1 for FHLB.
  2. Excludes term federal funds.
  3. Includes term federal funds.
  4. Reverse repurchase agreements (RRPs) conducted as part of the Federal Reserve's Overnight RRP Operational Exercise (beginning 2013:Q3) and term RRP operations (beginning 2014:Q4).
  5. Included in line 2.
  6. Included in line 34.
  7. Includes banks (consolidated), government-sponsored enterprises, and primary dealers.
Last update: December 8, 2016