F.207 Federal Funds and Security Repurchase Agreements (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2017 2018 2019 2019 Q1 2019 Q2 2019 Q3 2019 Q4 2020 Q1 2020 Q2 Line
All sectors; federal funds and security repurchase agreements; liability FA892150005 27.0 131.8 334.0 123.7 910.9 959.1 -657.5 1475.0 -2545.4 1
Monetary authority; security repurchase agreements; liability FA712151003 -161.3 -259.9 32.6 -194.7 320.1 -88.0 93.1 929.7 -1344.5 2
U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; liability FA762150005 7.9 -27.3 23.9 35.7 7.4 105.6 -53.1 96.4 -2.5 3
U.S.-chartered depository institutions, including IBFs; federal funds; liability (2) FA762152005 13.2 -5.8 -1.7 34.2 -13.0 -4.3 -23.5 41.6 -58.3 4
U.S.-chartered depository institutions, including IBFs; security repurchase agreements; liability FA762151005 -5.3 -21.5 25.6 1.5 20.4 109.9 -29.6 54.8 55.9 5
Foreign banking offices in the U.S., including IBFs; federal funds and security repurchase agreements; liability FA752150005 79.2 -48.9 46.4 -6.2 85.0 61.8 45.0 251.1 -403.2 6
Foreign banking offices in the U.S., including IBFs; federal funds; liability (2) FA752152005 -5.8 -10.0 1.3 33.9 -22.0 -6.2 -0.6 25.9 -15.0 7
Foreign banking offices in the U.S., including IBFs; security repurchase agreements; liability FA752151005 85.0 -38.9 45.1 -40.1 107.0 68.0 45.6 225.2 -388.1 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 -0.0 -0.2 -0.0 0.1 -0.1 -0.1 0.0 0.7 -0.4 10
Life insurance companies, general accounts; security repurchase agreements; liability FA542151073 -0.3 2.7 -6.5 -2.1 -1.5 -9.6 -13.0 38.4 -4.8 11
Government-sponsored enterprises; federal funds and security repurchase agreements; liability FA402150005 0.0 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 54.9 43.3 71.9 123.1 121.1 17.4 26.0 -476.0 -110.8 13
Security brokers and dealers; security repurchase agreements; liability FA662151003 79.4 305.9 56.6 -36.4 368.4 369.1 -474.9 243.8 -542.1 14
Holding companies; security repurchase agreements; liability FA732151003 -0.0 -0.0 -0.0 -0.0 0.0 0.0 0.0 -0.0 0.0 15
Rest of the world; security repurchase agreements; liability FA262151003 -32.8 116.4 109.1 204.1 10.3 502.8 -280.7 391.0 -137.3 16
All sectors; federal funds and security repurchase agreements; asset FA892050005 241.4 373.3 595.4 623.6 748.8 1254.9 -245.6 1978.5 -3477.4 17
Nonfinancial corporate business; security repurchase agreements; asset FA102051003 -50.7 -25.0 -2.4 -9.9 -7.2 -0.6 8.2 48.8 19.7 18
State and local governments; security repurchase agreements; asset FA212051003 1.6 -5.5 3.2 2.7 -24.2 13.7 20.6 -32.4 3.3 19
Monetary authority; security repurchase agreements; asset FA712051000 0.0 0.0 255.6 0.0 0.0 810.0 212.5 28.4 -819.1 20
U.S.-chartered depository institutions, including IBFs; federal funds and security repurchase agreements; asset FA762050005 4.0 160.3 -24.3 -93.5 67.8 -176.2 104.6 -108.9 916.0 21
U.S.-chartered depository institutions, including IBFs; federal funds; asset (2) FA762052005 3.2 -4.1 3.9 15.3 -20.4 9.3 11.4 -11.4 42.6 22
U.S.-chartered depository institutions, including IBFs; security repurchase agreements; asset FA762051005 0.8 164.5 -28.2 -108.8 88.2 -185.5 93.2 -97.5 873.5 23
Foreign banking offices in the U.S. including IBFs; federal funds and security repurchase agreements; asset FA752050005 75.1 50.9 60.0 183.2 67.4 85.0 -95.5 -207.4 -99.9 24
Foreign banking offices in the U.S., including IBFs; federal funds; asset (2) FA752052005 0.3 0.3 -0.9 3.5 -6.7 6.9 -7.2 1.2 2.0 25
Foreign banking offices in the U.S., including IBFs; security repurchase agreements; asset FA752051005 74.8 50.6 60.9 179.7 74.1 78.1 -88.3 -208.5 -101.9 26
Credit unions; federal funds and security repurchase agreements held by Corporate Credit Unions (net of liabilities before 2002:Q4); asset FA472050053 0.1 0.0 0.6 1.6 0.6 0.2 0.1 -0.1 -0.1 27
Credit unions; federal funds held by Corporate Credit Unions; asset FA472052053 0.0 0.1 0.1 0.8 -0.2 0.4 -0.5 0.2 -0.7 28
Credit unions; security repurchase agreements held by Corporate Credit Unions; asset FA472051053 0.1 -0.1 0.5 0.8 0.8 -0.2 0.6 -0.3 0.6 29
Property-casualty insurance companies; security repurchase agreements, including those held by U.S. residual market reinsurers; asset FA512051005 0.0 -0.0 0.6 1.5 0.3 -0.4 1.0 1.8 -1.6 30
Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset FA542051075 -0.4 0.2 4.1 4.6 5.3 4.0 2.6 13.9 -9.1 31
Private pension funds; security repurchase agreements; asset FA572051005 0.3 -0.5 -0.0 -0.1 0.1 -0.1 -0.1 0.2 0.0 32
State and local government employee defined benefit retirement funds; security repurchase agreements; asset FA222051043 -0.2 -0.2 3.7 1.1 -0.8 32.8 -18.1 -0.5 3.3 33
Money market funds; security repurchase agreements; asset FA632051000 154.8 63.0 155.7 204.6 342.1 151.2 -75.3 1537.2 -2551.4 34
Mutual funds; security repurchase agreements; asset FA652051003 14.0 -16.4 21.2 93.9 7.7 -18.6 1.7 17.9 -19.9 35
Government-sponsored enterprises; federal funds and security repurchase agreements; asset FA402050005 10.6 -24.9 24.6 123.7 29.3 -87.1 32.4 -165.0 284.4 36
Government-sponsored enterprises; federal funds held by FHLB; asset (3) FA402052033 16.9 -11.3 -2.9 84.6 -2.1 -75.5 -18.3 92.0 -82.8 37
Security brokers and dealers; security repurchase agreements; asset FA662051003 -3.7 206.2 80.8 13.3 178.8 413.2 -282.2 348.1 -803.2 38
Holding companies; security repurchase agreements; asset FA732051003 4.9 -4.0 0.4 -0.9 -0.8 -0.4 3.7 -0.0 80.5 39
Other financial business; 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 FA262051005 31.0 -30.8 11.6 97.7 82.2 28.1 -161.6 496.4 -480.3 41
Instrument discrepancies; federal funds and security repurchase agreements FA902050005 -214.4 -241.4 -261.4 -499.9 162.1 -295.9 -412.0 -503.4 932.0 42
Monetary authority; security repurchase agreements, reverse repurchase agreement operations; liability (4) FA712151103 -148.8 -277.7 22.2 -164.5 174.3 -149.0 228.1 883.3 -1135.8 43
Money market funds; security repurchase agreements (Federal Reserve reverse repurchase agreement operations); asset (5) FA632051103 -115.3 -248.5 7.2 -155.7 171.6 -146.2 159.3 952.0 -1135.8 44
Domestic financial sectors, excluding money market funds; security repurchase agreements (Federal Reserve Reverse Repurchase Agreement Operational Exercise); asset (6) FA792051115 -33.5 -29.3 15.0 -8.7 2.7 -2.8 68.8 -68.8 -0.0 45

NOTES

  1. 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.
  2. Excludes term federal funds.
  3. Includes term federal funds.
  4. Included in line 2.
  5. Included in line 34.
  6. Includes banks (consolidated), government-sponsored enterprises, and primary dealers.
Last Update: September 21, 2020