Annual

L.211 Agency- and GSE-Backed Securities


The Financial Accounts (formerly known as the Flow of Funds accounts) are a set of financial accounts used to track the sources and uses of funds by sector. They are a component of a system of macroeconomic accounts including the National Income and Product accounts (NIPA) and balance of payments accounts, all of which serve as a comprehensive set of information on the economy’s performance.(1) Some important inferences that can be drawn from the Financial accounts are the financial strength of a given sector, new economic trends, changes in the composition of wealth, and development of new financial instruments over time.(1)
Sectors are compiled into three categories: households, nonfinancial businesses, and banks. The sources of funds for a sector are its internal funds (savings from income after consumption) and external funds (loans from banks and other financial intermediaries). (1) Funds for a given sector are used for its investments in physical and financial assets. Dividing sources and uses of funds into two categories helps the staff of the Federal Reserve System pay particular attention to external sources of funds and financial uses of funds.(2) One example is whether households are borrowing more from banks—or in other words, whether household debt is rising. Another example might be whether banks are using more of their funds to provide loans to consumers. Transactions within a sector are not shown in the accounts; however, transactions between sectors are.(2) Monitoring the external flows of funds provides insights into a sector’s health and the performance of the economy as a whole.
Data for the Financial accounts are compiled from a large number of reports and publications, including regulatory reports such as those submitted by banks, tax filings, and surveys conducted by the Federal Reserve System.(2) The Financial accounts are published quarterly as a set of tables in the Federal Reserve’s Z.1 statistical release.
(1) Teplin, Albert M. “The U.S. Flow of Funds Accounts and Their Uses.” Federal Reserve Bulletin, July 2001; http://www.federalreserve.gov/pubs/bulletin/2001/0701lead.pdf.
(2) Board of Governors of the Federal Reserve System. “Guide to the Flow of Funds Accounts.” 2000, http://www.federalreserve.gov/apps/fof/.

For questions on the data, please contact the data source: https://www.federalreserve.gov/apps/ContactUs/feedback.aspx?refurl=/releases/z1/%
For questions on FRED functionality, please contact: https://fred.stlouisfed.org/contactus/


   

Please select a date range

    1945    
 
 
    2025
Millions of U.S. Dollars
Line Name 2025 Preceding
Period
Year Ago
from Period
line 1
Total liabilities
12,532,780 12,274,578 12,274,578
line 2
Budget agencies
21,894 20,455 20,455
line 3
Government-sponsored enterprises
9,301,008 9,209,536 9,209,536
line 4
Agency- and GSE-backed mortgage pools
3,209,878 3,044,587 3,044,587
line 5
Total assets
11,869,146 11,303,050 11,303,050
line 6
Household sector
948,097 1,050,449 1,050,449
line 7
Nonfinancial corporate business
44,660 40,699 40,699
line 8
Federal government
1 1 1
line 9
State and local governments
449,962 427,310 427,310
line 10
Monetary authority
1,759,919 1,869,092 1,869,092
line 11
U.S.-chartered depository institutions
2,836,414 2,748,273 2,748,273
line 12
Foreign banking offices in U.S.
63,686 49,283 49,283
line 13
Banks in U.S.-affiliated areas
13,420 14,679 14,679
line 14
Credit unions
260,299 248,192 248,192
line 15
Property-casualty insurance companies
237,356 199,360 199,360
line 16
Life insurance companies
293,036 259,216 259,216
line 17
Private pension funds
283,117 262,699 262,699
line 18
Federal government retirement funds
10,986 10,071 10,071
line 19
State and local govt. retirement funds
218,918 180,505 180,505
line 20
Money market funds
1,013,109 886,364 886,364
line 21
Mutual funds
797,621 742,313 742,313
line 22
Government-sponsored enterprises
303,174 271,241 271,241
line 23
ABS issuers
0 0 0
line 24
REITs
262,998 194,030 194,030
line 25
Brokers and dealers
628,288 461,769 461,769
line 26
Holding companies
18,174 18,297 18,297
line 27
Rest of the world
1,425,911 1,369,207 1,369,207
line 28
Discrepancy
663,634 971,528 971,528
   

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