L.211 Agency- and GSE-Backed Securities (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2018 2019 2020 2021 2021 Q1 2021 Q2 2021 Q3 2021 Q4 2022 Q1 Line
All sectors; U.S. government agency securities; liability FL893161705 9112.6 9429.5 10086.7 10699.1 10226.4 10407.5 10535.9 10699.1 10926.8 1
Federal government; budget agency securities; liability FL313161705 22.9 21.2 20.2 19.8 19.8 19.8 19.5 19.8 19.4 2
Government-sponsored enterprises; GSE issues; liability FL403161705 6797.3 7002.2 7638.1 8177.6 7775.1 7928.1 8041.7 8177.6 8372.6 3
Agency-and GSE-backed mortgage pools; total mortgages; asset FL413065005 2292.3 2406.0 2428.3 2501.8 2431.4 2459.6 2474.7 2501.8 2534.7 4
All sectors; agency- and GSE-backed securities; asset FL893061705 9031.7 9629.0 10361.5 10737.9 10321.8 10549.0 10650.0 10737.9 10445.1 5
Households and nonprofit organizations; agency- and GSE-backed securities; asset LM153061705 498.2 531.3 276.7 220.2 221.4 234.5 175.2 220.2 329.9 6
Nonfinancial corporate business; agency- and GSE-backed securities; asset LM103061703 18.1 21.2 24.3 23.9 20.7 22.5 21.6 23.9 23.2 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 LM213061703 518.4 539.3 466.5 422.4 439.8 442.7 431.2 422.4 407.5 9
Monetary authority; agency- and GSE-backed securities; asset LM713061705 1644.6 1471.1 2167.7 2681.1 2275.1 2414.3 2581.0 2681.1 2618.9 10
U.S.-chartered depository institutions; agency- and GSE-backed securities; asset LM763061705 2239.3 2408.2 3061.0 3505.5 3233.7 3357.3 3453.9 3505.5 3374.8 11
Foreign banking offices in the U.S.; agency- and GSE-backed securities; asset LM753061703 42.9 53.2 60.7 53.5 62.2 58.6 59.3 53.5 49.3 12
Banks in U.S.-affiliated areas; agency- and GSE-backed securities; asset LM743061703 8.0 8.0 15.0 16.5 16.6 17.1 17.2 16.5 16.9 13
Credit unions; agency- and GSE-backed securities; asset LM473061705 155.3 165.0 239.0 309.2 293.9 295.1 301.5 309.2 316.6 14
Property-casualty insurance companies; agency- and GSE-backed securities, including those held by U.S. residual market reinsurers; asset LM513061705 127.0 149.7 145.3 136.0 140.6 138.8 139.4 136.0 132.0 15
Life insurance companies; agency- and GSE-backed securities; asset LM543061705 364.9 388.4 366.4 312.3 342.5 334.4 325.8 312.3 293.5 16
Private pension funds; agency- and GSE-backed securities; asset LM573061705 205.0 224.1 221.9 194.8 209.0 206.8 202.4 194.8 191.9 17
Federal government retirement funds; agency- and GSE-backed securities; asset LM343061705 8.8 10.5 11.7 11.7 11.3 11.3 10.8 11.7 11.0 18
State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset LM223061743 141.8 166.9 189.8 191.3 190.7 191.6 202.1 191.3 183.9 19
Money market funds; agency- and GSE-backed securities; asset FL633061700 680.6 828.2 688.1 409.9 616.8 535.9 474.0 409.9 403.4 20
Mutual funds; agency- and GSE-backed securities; asset (market value) LM653061703 603.6 677.9 674.3 544.0 634.0 580.2 585.4 544.0 520.8 21
Government-sponsored enterprises; agency- and GSE-backed securities; asset LM403061705 258.0 265.1 237.3 208.4 224.4 218.9 215.3 208.4 201.5 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 LM643061773 273.7 334.5 208.5 168.4 197.5 187.6 166.7 168.4 157.6 24
Security brokers and dealers; agency- and GSE-backed securities (net); asset LM663061705 117.2 139.5 77.8 53.8 4.8 12.4 17.6 53.8 21.0 25
Holding companies; agency- and GSE-backed securities; asset LM733061703 39.3 43.1 33.8 24.7 30.7 29.1 27.2 24.7 22.4 26
Rest of the world; agency- and GSE-backed securities; asset LM263061705 1087.0 1203.8 1195.7 1250.3 1156.1 1259.7 1242.2 1250.3 1168.9 27
Instrument discrepancies; agency and GSE-backed securities (level) (2) LM903061703 80.9 -199.6 -274.9 -38.7 -95.5 -141.5 -114.1 -38.7 481.7 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: June 9, 2022