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 | 2015 | 2016 | 2017 | 2018 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | 2019 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; federal funds and security repurchase agreements; liability | FA892150005 | 54.4 | 94.7 | 27.0 | 57.9 | -1329.5 | 371.6 | -83.1 | 1272.6 | 109.0 | 1 |
| Monetary authority; security repurchase agreements; liability | FA712151003 | 202.6 | 12.8 | -161.3 | -259.9 | -1162.3 | 273.0 | -250.7 | 100.3 | -194.7 | 2 |
| U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; liability | FA762150005 | -39.3 | -34.2 | 7.9 | -27.3 | -54.3 | 4.5 | -7.2 | -52.4 | 35.7 | 3 |
| U.S.-chartered depository institutions, including IBFs; federal funds; liability (2) | FA762152005 | 0.7 | -6.4 | 13.2 | -5.8 | -8.2 | 0.4 | 11.8 | -27.4 | 34.2 | 4 |
| U.S.-chartered depository institutions, including IBFs; security repurchase agreements; liability | FA762151005 | -40.0 | -27.8 | -5.3 | -21.5 | -46.1 | 4.2 | -19.0 | -25.0 | 1.5 | 5 |
| Foreign banking offices in the U.S., including IBFs; federal funds and security repurchase agreements; liability | FA752150005 | 35.3 | 66.7 | 79.2 | -48.9 | -58.8 | -112.8 | -60.5 | 36.6 | -6.1 | 6 |
| Foreign banking offices in the U.S., including IBFs; federal funds; liability (2) | FA752152005 | -0.3 | 6.9 | -5.8 | -10.0 | 73.7 | -57.6 | -21.1 | -35.0 | 32.5 | 7 |
| Foreign banking offices in the U.S., including IBFs; security repurchase agreements; liability | FA752151005 | 35.6 | 59.8 | 85.0 | -38.9 | -132.4 | -55.2 | -39.4 | 71.6 | -38.6 | 8 |
| Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions; liability | FA472150053 | 0.0 | -0.0 | -0.0 | -0.0 | 0.0 | 0.0 | -0.0 | 0.0 | -0.0 | 9 |
| Property-casualty insurance companies; security repurchase agreements; liability | FA512151003 | 0.4 | -1.0 | -0.0 | -0.2 | -0.4 | -0.3 | -0.1 | -0.1 | 0.1 | 10 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FA542151073 | -0.5 | 0.2 | -0.3 | 2.7 | -2.4 | 0.4 | 10.6 | 2.2 | 6.0 | 11 |
| Government-sponsored enterprises; federal funds and security repurchase agreements; liability | FA402150005 | -0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 12 |
| Mortgage real estate investment trusts; security repurchase agreements; liability | FA642151073 | -45.5 | -10.6 | 54.9 | 43.7 | 1.1 | -10.0 | 117.2 | 66.3 | 123.3 | 13 |
| Security brokers and dealers; security repurchase agreements; liability | FA662151003 | -179.4 | -55.2 | 79.4 | 305.9 | -6.4 | 256.3 | 122.9 | 850.8 | -36.4 | 14 |
| Holding companies; security repurchase agreements; liability | FA732151003 | 0.1 | -0.0 | -0.0 | -0.0 | 0.5 | -0.0 | -0.5 | -0.2 | -0.0 | 15 |
| Rest of the world; security repurchase agreements; liability | FA262151003 | 80.8 | 115.9 | -32.7 | 42.1 | -46.5 | -39.5 | -14.7 | 269.1 | 181.2 | 16 |
| All sectors; federal funds and security repurchase agreements; asset | FA892050005 | -58.6 | 120.4 | 254.3 | 322.1 | -514.7 | 266.9 | -9.3 | 1545.5 | 392.2 | 17 |
| Nonfinancial corporate business; security repurchase agreements; asset | FA102051003 | 11.2 | 22.6 | -44.8 | -19.1 | -76.2 | -17.5 | 4.1 | 13.3 | -17.0 | 18 |
| State and local governments, excluding employee retirement funds; security repurchase agreements; asset | FA212051003 | 4.8 | 1.2 | -2.5 | -9.3 | -15.8 | 7.0 | 6.7 | -35.1 | -18.3 | 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 | 24.8 | 8.7 | 4.0 | 160.4 | 73.8 | -45.6 | 31.0 | 582.5 | -93.3 | 21 |
| U.S.-chartered depository institutions, including IBFs; federal funds; asset (2) | FA762052005 | -11.2 | 1.9 | 3.2 | -4.0 | 1.0 | -13.4 | -4.3 | 0.5 | 15.5 | 22 |
| U.S.-chartered depository institutions, including IBFs; security repurchase agreements; asset | FA762051005 | 36.0 | 6.8 | 0.8 | 164.5 | 72.7 | -32.2 | 35.3 | 582.1 | -108.8 | 23 |
| Foreign banking offices in the U.S. including IBFs; federal funds and security repurchase agreements; asset | FA752050005 | 0.4 | -25.4 | 75.1 | 50.9 | -14.9 | 104.3 | 58.9 | 55.2 | 183.2 | 24 |
| Foreign banking offices in the U.S., including IBFs; federal funds; asset (2) | FA752052005 | -0.4 | -0.2 | 0.3 | 0.3 | 0.3 | 0.5 | 0.2 | 0.1 | 3.5 | 25 |
| Foreign banking offices in the U.S., including IBFs; security repurchase agreements; asset | FA752051005 | 0.8 | -25.2 | 74.8 | 50.6 | -15.2 | 103.8 | 58.7 | 55.1 | 179.7 | 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 | 0.1 | 0.0 | 0.4 | 0.6 | -0.8 | 0.0 | 0.0 | 27 |
| Credit unions; federal funds held by Corporate Credit Unions; asset | FA472052053 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.6 | 0.0 | 0.0 | 0.0 | 28 |
| Credit unions; security repurchase agreements held by Corporate Credit Unions; asset | FA472051053 | 0.0 | 0.0 | 0.1 | -0.1 | 0.4 | 0.0 | -0.8 | 0.0 | 0.0 | 29 |
| Property-casualty insurance companies; security repurchase agreements, including those held by U.S. residual market reinsurers; asset | FA512051005 | -0.4 | -0.1 | 0.0 | -0.1 | -0.6 | -0.4 | 0.2 | 0.6 | 0.5 | 30 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FA542051075 | -0.5 | -0.4 | -0.4 | 0.2 | -0.4 | -0.1 | 1.0 | 0.1 | 0.5 | 31 |
| Private pension funds; security repurchase agreements; asset | FA572051005 | -0.3 | -0.1 | -0.1 | -0.3 | -0.4 | -0.4 | -0.2 | -0.2 | -0.2 | 32 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | 0.0 | 1.0 | -0.7 | -0.5 | -0.3 | -0.9 | -0.1 | -0.8 | -0.5 | 33 |
| Money market funds; security repurchase agreements; asset | FA632051000 | 59.0 | 80.9 | 154.8 | 63.0 | -493.2 | 429.5 | 6.2 | 309.6 | 44.8 | 34 |
| Mutual funds; security repurchase agreements; asset | FA652051003 | -12.4 | 2.3 | 14.0 | -16.4 | -13.8 | -20.1 | -4.6 | -27.0 | 54.3 | 35 |
| Government-sponsored enterprises; federal funds and security repurchase agreements; asset | FA402050005 | 20.2 | 2.1 | 10.6 | -24.9 | 92.6 | -104.0 | 8.0 | -96.4 | 123.7 | 36 |
| Government-sponsored enterprises; federal funds held by FHLB; asset (3) | FA402052033 | -10.4 | 6.3 | 16.9 | -11.3 | 111.2 | -18.6 | -63.8 | -74.1 | 84.6 | 37 |
| Security brokers and dealers; security repurchase agreements; asset | FA662051003 | -19.5 | -20.6 | -3.7 | 206.2 | 18.9 | 89.6 | 114.7 | 601.6 | 13.3 | 38 |
| Holding companies; security repurchase agreements; asset | FA732051003 | -0.2 | -0.0 | 4.9 | -4.0 | -4.3 | -4.5 | 1.9 | -9.0 | -0.9 | 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 | -145.9 | 48.2 | 43.0 | -84.1 | -80.4 | -170.5 | -236.2 | 150.9 | 102.1 | 41 |
| Instrument discrepancies; federal funds and security repurchase agreements | FA902050005 | 113.1 | -25.8 | -227.3 | -264.2 | -814.7 | 104.7 | -73.8 | -272.9 | -283.2 | 42 |
| Monetary authority; security repurchase agreements, reverse repurchase agreement operations; liability (4) | FA712151103 | 77.9 | -6.2 | -148.8 | -277.7 | -1148.9 | 258.4 | -194.2 | -26.3 | -164.5 | 43 |
| Money market funds; security repurchase agreements (Federal Reserve reverse repurchase agreement operations); asset (5) | FA632051103 | 52.8 | -20.6 | -115.3 | -248.5 | -1062.1 | 264.8 | -175.5 | -21.2 | -155.7 | 44 |
| Domestic financial sectors, excluding money market funds; security repurchase agreements (Federal Reserve Reverse Repurchase Agreement Operational Exercise); asset (6) | FA792051115 | 25.1 | 14.3 | -33.5 | -29.3 | -86.9 | -6.3 | -18.7 | -5.1 | -8.7 | 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 6, 2019