L.211 Agency- and GSE-Backed Securities (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2017 2018 2019 2018 Q3 2018 Q4 2019 Q1 2019 Q2 2019 Q3 2019 Q4 Line
All sectors; U.S. government agency securities; liability FL893161705 8867.4 9112.9 9403.6 9021.5 9112.9 9146.5 9265.3 9344.4 9403.6 1
Federal government; budget agency securities; liability FL313161705 24.4 22.9 21.2 22.8 22.9 22.2 22.0 21.5 21.2 2
Government-sponsored enterprises; GSE issues; liability FL403161705 6716.3 6797.3 6975.1 6753.3 6797.3 6808.4 6901.8 6952.7 6975.1 3
Agency-and GSE-backed mortgage pools; total mortgages; asset FL413065005 2126.8 2292.6 2407.3 2245.4 2292.6 2315.8 2341.5 2370.2 2407.3 4
All sectors; agency- and GSE-backed securities; asset FL893061705 8909.5 9045.0 9573.6 8865.6 9045.0 9177.1 9403.2 9541.8 9573.6 5
Households and nonprofit organizations; agency- and GSE-backed securities; asset LM153061705 460.3 647.9 721.3 572.1 647.9 634.0 661.9 721.5 721.3 6
Nonfinancial corporate business; agency- and GSE-backed securities; asset LM103061703 23.8 16.8 10.5 16.5 16.8 17.6 15.5 14.2 10.5 7
Federal government; agency- and GSE-backed securities; asset FL313061703 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8
State and local governments; agency- and GSE-backed securities; asset FL213061703 474.9 443.9 437.6 462.4 443.9 444.7 439.4 435.8 437.6 9
Monetary authority; agency- and GSE-backed securities; asset LM713061705 1815.3 1644.6 1465.4 1666.9 1644.6 1623.7 1585.3 1531.5 1465.4 10
U.S.-chartered depository institutions; agency- and GSE-backed securities; asset LM763061705 2207.4 2239.3 2407.3 2165.8 2239.3 2292.9 2363.0 2411.0 2407.3 11
Foreign banking offices in the U.S.; agency- and GSE-backed securities; asset LM753061703 45.7 42.9 53.2 34.5 42.9 41.6 45.5 52.1 53.2 12
Banks in U.S.-affiliated areas; agency- and GSE-backed securities; asset LM743061703 1.5 8.0 8.0 8.3 8.0 8.2 8.4 7.8 8.0 13
Credit unions; agency- and GSE-backed securities; asset LM473061705 168.0 155.3 162.3 162.0 155.3 162.8 164.5 164.7 162.3 14
Property-casualty insurance companies; agency- and GSE-backed securities, including those held by U.S. residual market reinsurers; asset LM513061705 115.1 127.0 134.8 120.5 127.0 130.8 130.8 134.0 134.8 15
Life insurance companies; agency- and GSE-backed securities; asset LM543061705 386.6 364.9 380.0 373.7 364.9 371.2 377.4 381.3 380.0 16
Private pension funds; agency- and GSE-backed securities; asset LM573061705 193.6 225.3 266.8 215.7 225.3 237.8 248.4 259.1 266.8 17
Federal government retirement funds; agency- and GSE-backed securities; asset LM343061705 9.3 9.2 10.6 9.3 9.2 9.6 10.1 10.5 10.6 18
State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset LM223061743 109.5 143.7 157.8 117.4 143.7 150.6 154.0 155.9 157.8 19
Money market funds; agency- and GSE-backed securities; asset FL633061700 682.2 644.9 755.1 620.9 644.9 655.7 676.3 696.0 755.1 20
Mutual funds; agency- and GSE-backed securities; asset (market value) LM653061703 600.0 603.6 656.8 638.1 603.6 584.6 629.9 632.1 656.8 21
Government-sponsored enterprises; agency- and GSE-backed securities; asset FL403061705 267.6 262.5 284.1 260.0 262.5 261.9 264.8 275.4 284.1 22
Issuers of asset-backed securities; agency- and GSE-backed securities; asset FL673061703 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23
Mortgage real estate investment trusts; agency- and GSE-backed securities; asset FL643061773 255.3 273.7 334.7 259.5 273.7 305.7 328.1 335.4 334.7 24
Security brokers and dealers; agency- and GSE-backed securities; asset FL663061703 54.1 72.3 104.1 68.3 72.3 82.0 104.2 109.4 104.1 25
Holding companies; agency- and GSE-backed securities; asset LM733061703 27.3 41.5 42.4 41.8 41.5 44.0 43.9 42.9 42.4 26
Rest of the world; agency- and GSE-backed securities; asset LM263061705 1012.2 1077.9 1181.0 1052.0 1077.9 1117.6 1151.6 1171.3 1181.0 27
Instrument discrepancies; agency and GSE-backed securities (level) (2) LM903061703 -42.1 67.9 -169.9 155.9 67.9 -30.6 -137.9 -197.4 -169.9 28

NOTES

  1. Agency- and GSE-backed securities include: issues of federal budget agencies (line 2) such as those for the TVA; issues of government sponsored enterprises (line 3) such as Fannie Mae and FHLB; and agency- and GSE-backed mortgage pool securities issued by Ginnie Mae, Fannie Mae, Freddie Mac, and the Farmers Home Administration (line 4). Only the budget agency issues are considered officially to be part of the total debt of the federal government, which is shown on table L.106, line 20.
  2. The accumulated valuation difference between issuance and holdings.
Last Update: March 12, 2020