Financial Accounts of the United States - Z.1
F.207 Federal Funds and Security Repurchase Agreements (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2014 | 2015 | 2016 | 2017 | 2017 Q1 | 2017 Q2 | 2017 Q3 | 2017 Q4 | 2018 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; federal funds and security repurchase agreements; liability | FA892150005 | 26 | 49.8 | 94.1 | 37.6 | -219.5 | 677 | -582.1 | 275 | -1073 | 1 |
| Monetary authority; security repurchase agreements; liability | FA712151003 | 193.9 | 202.6 | 12.8 | -161.3 | -499.7 | 198.8 | -372.8 | 28.7 | -1162.3 | 2 |
| U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; liability | FA762150005 | -33.2 | -39.4 | -34.2 | 7.9 | -16.2 | 17.6 | 16 | 14.2 | -54.1 | 3 |
| U.S.-chartered depository institutions, including IBFs; federal funds; liability (2) | FA762152005 | -19.7 | 0.8 | -6.5 | 13.2 | -8.3 | 11.8 | 30 | 19.2 | -8 | 4 |
| U.S.-chartered depository institutions, including IBFs; security repurchase agreements; liability | FA762151005 | -13.5 | -40.1 | -27.8 | -5.3 | -7.9 | 5.9 | -14 | -5 | -46.1 | 5 |
| Foreign banking offices in the U.S., including IBFs; federal funds and security repurchase agreements; liability | FA752150005 | 58.5 | 35.3 | 66.7 | 88.3 | 30.3 | 142 | 132.2 | 48.6 | -135.8 | 6 |
| Foreign banking offices in the U.S., including IBFs; federal funds; liability (2) | FA752152005 | 8.3 | -0.3 | 6.9 | 3.3 | 54.2 | 0.1 | 58.9 | -100 | 40 | 7 |
| Foreign banking offices in the U.S., including IBFs; security repurchase agreements; liability | FA752151005 | 50.2 | 35.6 | 59.8 | 85 | -23.8 | 141.8 | 73.4 | 148.6 | -175.8 | 8 |
| Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions; liability | FA472150053 | 0 | 0 | -0 | -0 | 0 | 0 | -0 | -0 | 0 | 9 |
| Property-casualty insurance companies; security repurchase agreements; liability | FA512151003 | -0.4 | 0.4 | -1 | -0 | -0 | -0.1 | 0.1 | -0.1 | -0.2 | 10 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FA542151073 | 1 | -0.5 | 0.2 | -0.3 | 0.2 | 2.4 | -2.3 | -1.3 | -8.9 | 11 |
| Government-sponsored enterprises; federal funds and security repurchase agreements; liability | FA402150005 | 0.1 | -0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 |
| Mortgage real estate investment trusts; security repurchase agreements; liability | FA642151073 | 10 | -45.5 | -10.6 | 51 | 24.2 | 13.3 | 107.2 | 59.4 | 1.3 | 13 |
| Security brokers and dealers; security repurchase agreements; liability | FA662151003 | -220.9 | -179.4 | -55.2 | 84.5 | 187.2 | 329.3 | -363.2 | 184.7 | 350.1 | 14 |
| Holding companies; security repurchase agreements; liability | FA732151003 | -0 | 0.1 | -0 | -0 | -0.1 | -0.1 | 0.1 | -0 | 0.5 | 15 |
| Rest of the world; security repurchase agreements; liability | FA262151003 | 17 | 76.3 | 115.3 | -32.6 | 54.6 | -26.2 | -99.5 | -59 | -63.5 | 16 |
| All sectors; federal funds and security repurchase agreements; asset | FA892050005 | 157.9 | -68.6 | 172 | 312 | 275.4 | 791.9 | -406.9 | 587.6 | -776.3 | 17 |
| Nonfinancial corporate business; security repurchase agreements; asset | FA102051003 | 39.5 | 14 | 29.5 | -25.6 | -39.8 | -40.2 | -53.9 | 31.5 | -20.9 | 18 |
| State and local governments, excluding employee retirement funds; security repurchase agreements; asset | FA212051003 | 2.2 | 5.5 | 7.4 | 6.6 | 4.3 | -3.4 | 8.8 | 16.9 | 3.4 | 19 |
| Monetary authority; security repurchase agreements; asset | FA712051000 | 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 | 8.7 | 4 | -114 | 138 | -145.4 | 137.3 | 74 | 21 |
| U.S.-chartered depository institutions, including IBFs; federal funds; asset (2) | FA762052005 | -16.4 | -11.2 | 1.9 | 3.2 | 14.6 | -33.3 | 33.7 | -2.2 | 1.2 | 22 |
| U.S.-chartered depository institutions, including IBFs; security repurchase agreements; asset | FA762051005 | -14 | 36 | 6.8 | 0.8 | -128.5 | 171.3 | -179.1 | 139.5 | 72.7 | 23 |
| Foreign banking offices in the U.S. including IBFs; federal funds and security repurchase agreements; asset | FA752050005 | 41.1 | 0.4 | -25.4 | 76.6 | 16.2 | 59.2 | 113.3 | 117.6 | -25 | 24 |
| Foreign banking offices in the U.S., including IBFs; federal funds; asset (2) | FA752052005 | -0 | -0.4 | -0.2 | 0.3 | -0.7 | 1.6 | -1.4 | 1.5 | 0.3 | 25 |
| Foreign banking offices in the U.S., including IBFs; security repurchase agreements; asset | FA752051005 | 41.1 | 0.8 | -25.2 | 76.3 | 16.9 | 57.6 | 114.7 | 116.1 | -25.3 | 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 | 0.1 | 0 | 0.2 | 0.2 | -0 | 0.4 | 27 |
| Credit unions; federal funds held by Corporate Credit Unions; asset | FA472052053 | 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 | 0.1 | 0 | 0.2 | 0.2 | -0 | 0.4 | 29 |
| Property-casualty insurance companies; security repurchase agreements; asset | FA512051003 | 0.1 | 0 | -0.4 | 0 | -0.1 | -0.1 | 0.1 | 0.2 | -0.8 | 30 |
| Life insurance companies, general accounts; security repurchase agreements; asset | FA542051073 | 0 | -0.5 | -0.3 | -0.4 | 0 | -0.5 | -0.3 | -1 | -0.8 | 31 |
| Private pension funds; security repurchase agreements; asset | FA572051005 | 0.2 | -0.4 | -0.1 | -0.1 | -0.2 | -0 | -0.1 | -0.2 | -0.1 | 32 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | -0.1 | 0.1 | 1.2 | -0.6 | -0.5 | -0.2 | 0.7 | -2.4 | -0.6 | 33 |
| Money market funds; security repurchase agreements; asset | FA632051000 | 152.9 | 44.8 | 100.9 | 156.2 | 240.6 | 312.7 | -50.6 | 122 | -472.8 | 34 |
| Mutual funds; security repurchase agreements; asset | FA652051003 | 9.9 | -12.4 | 2.3 | 14 | 37.6 | -7.6 | 26 | -0.1 | -20.8 | 35 |
| Government-sponsored enterprises; federal funds and security repurchase agreements; asset | FA402050005 | 10.3 | 20.2 | 2.1 | 10.6 | 90.8 | -21.6 | 2.8 | -29.7 | 92.6 | 36 |
| Government-sponsored enterprises; federal funds held by FHLB; asset (3) | FA402052033 | 23.3 | -10.4 | 6.3 | 16.9 | 119.1 | -15.2 | 60.1 | -96.5 | 111.2 | 37 |
| Security brokers and dealers; security repurchase agreements; asset | FA662051003 | -168.2 | -19.5 | -20.6 | 22 | -55.1 | 263 | -244.4 | 124.3 | -283 | 38 |
| Holding companies; security repurchase agreements; asset | FA732051003 | -5.1 | -0.4 | -0.1 | 5.1 | 7.7 | 29.1 | -0.3 | -16.2 | -4.3 | 39 |
| Funding corproations; security repurchase agreements; asset | FA502051003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40 |
| Rest of the world; security repurchase agreements; asset | FA262051003 | 105.7 | -145.3 | 66.8 | 43.6 | 87.9 | 63.4 | -63.9 | 87.2 | -117.7 | 41 |
| Instrument discrepancies; federal funds and security repurchase agreements | FA902050005 | -131.9 | 118.4 | -78 | -274.4 | -494.9 | -114.9 | -175.2 | -312.5 | -296.7 | 42 |
| Monetary authority; security repurchase agreements, reverse repurchase agreement operations; liability (4) | FA712151103 | 199 | 77.9 | -6.2 | -148.8 | -486 | 208.1 | -331.1 | 14 | -1148.9 | 43 |
| Money market funds; security repurchase agreements (Federal Reserve reverse repurchase agreement operations); asset (5) | FA632051103 | 207.9 | 52.8 | -20.6 | -115.3 | -298.5 | 136.1 | -257.3 | -41.4 | -1062.1 | 44 |
| Domestic financial sectors, excluding money market funds; security repurchase agreements (Federal Reserve Reverse Repurchase Agreement Operational Exercise); asset (6) | FA792051115 | -9 | 25.1 | 14.3 | -33.5 | -187.5 | 72 | -73.8 | 55.4 | -86.9 | 45 |
NOTES
- Detailed data on federal funds and security repurchase agreements are available beginning 2012:Q1 for U.S.-chartered despository institutions, 2003:Q1 for foreign banking offices in U.S., 1997:Q1 for credit unions, and 2000:Q1 for FHLB.
- Excludes term federal funds.
- Includes term federal funds.
- Included in line 2.
- Included in line 34.
- Includes banks (consolidated), government-sponsored enterprises, and primary dealers.
Last Update: June 7, 2018