View the total value of the assets of all Federal Reserve Banks as reported in the weekly balance sheet.

Graph and download economic data for Assets: Securities Held Outright: U.S. Treasury Securities: All: Wednesday Level (TREAST) from 2002-12-18 to 2025-06-25 about maturity, securities, Treasury, and USA.

The Federal Reserve's balance sheet has undergone significant changes since 2007, reflecting its response to major economic crises. From a modest *** trillion U.S. dollars at the end of 2007, it ballooned to approximately **** trillion U.S. dollars by May 2025. This dramatic expansion, particularly during the 2008 financial crisis and the COVID-19 pandemic - both of which resulted in negative annual GDP growth in the U.S. - showcases the Fed's crucial role in stabilizing the economy through expansionary monetary policies. Impact on inflation and interest rates The Fed's expansionary measures, while aimed at stimulating economic growth, have had notable effects on inflation and interest rates. Following the quantitative easing in 2020, inflation in the United States reached * percent in 2022, the highest since 1991. However, by *************, inflation had declined to *** percent. Concurrently, the Federal Reserve implemented a series of interest rate hikes, with the rate peaking at **** percent in ***********, before the first rate cut since ************** occurred in **************. Financial implications for the Federal Reserve The expansion of the Fed's balance sheet and subsequent interest rate hikes have had significant financial implications. In 2023, the Fed reported a negative net income of ***** billion U.S. dollars, a stark contrast to the ***** billion U.S. dollars profit in 2022. This unprecedented shift was primarily due to rapidly rising interest rates, which caused the Fed's interest expenses to soar to over *** billion U.S. dollars in 2023. Despite this, the Fed's net interest income on securities acquired through open market operations reached a record high of ****** billion U.S. dollars in the same year.

This item includes other Federal Reserve assets and non-float-related as-of adjustments. In addition to the as-of adjustments, there are many components in this category, including the following major items:

Assets denominated in foreign currencies: Foreign currencies are revalued to reflect movements in market exchange rates each day. If, in the revaluation, the value of the currency increases, then other Federal Reserve assets increase. On the other side of the balance sheet, "Other liabilities and capital" increase because the increase in value of the currency becomes earnings, which are reflected in the earnings category within the capital account. Other liabilities and capital decline in value as the earnings are removed from this category and the U.S. Treasury's general account increases because the funds are remitted to this account at the Reserve Banks. Since 1963, the Federal Reserve has occasionally agreed to warehouse foreign currency for the Treasury. In such transactions, the Federal Reserve takes the foreign currency from the Treasury in return for dollars provided to the Treasury. The Federal Reserve makes a spot purchase of the currency and protects the value of those currencies purchased by simultaneously selling the same amount of currencies forward at the same price to the Treasury.

When the Federal Reserve warehouses foreign currencies for the Treasury, both "other Federal Reserve assets" and "U.S. Treasury, general account" increase in value at the time of the spot transaction. Both accounts decline when the forward transaction is completed or when currencies are withdrawn from the warehousing arrangement prior to maturity.

Premiums paid on securities bought: This release reports Federal Reserve holdings of securities at face value, not necessarily at market value. If the Federal Reserve pays more than the face value for securities it purchased, the premiums over the face value are amortized as the securities mature. Part of the premium is transferred daily to the earnings category as a "negative earning." As the premium in "Other Federal Reserve assets" is reduced, a simultaneous balancing reduction is made in "Other liabilities and capital." Securities purchased at a premium over face value are accounted for in this way because, at maturity, the Federal Reserve Banks receive only the face amount of the securities, not the amount actually paid. The premiums paid on securities bought under repurchase agreements, though, are not amortized. These premiums are, in effect, returned to the Federal Reserve Banks when the securities are repurchased by the dealer, since the negotiated price in the original transaction reflects the premiums.

Accrued interest and other accounts receivable: This item represents the daily accumulation of interest earned on U.S. government securities--other than bills--owned by the Federal Reserve or held under repurchase agreements, on loans to depository institutions, and on foreign currency investments. Interest is accrued daily. Reserve Bank premises and operating equipment less allowances for depreciation: This item states the value, at initial cost, of the land and buildings of the Reserve Banks and branches less an allowance for depreciation on buildings, including building-related machinery and equipment.

Graph and download economic data for Liabilities and Capital: Liabilities: Federal Reserve Notes, Net of F.R. Bank Holdings: Wednesday Level (WLFN) from 2002-12-18 to 2025-06-25 about notes, liabilities, Net, banks, depository institutions, and USA.

As of December 31, 2023, the largest asset group on the Federal Reserve’s balance sheet was treasury securities, totaling roughly 5 trillion U.S. dollars. Federal agency and government-sponsored enterprise mortgage-backed securities were the second-largest asset group, amounting to approximately 2.5 trillion U.S. dollars. The total value of the Federal Reserve’s balance sheet was 7.84 trillion U.S. dollars.

Graph and download economic data for Assets: Securities Held Outright: Mortgage-Backed Securities: Wednesday Level (WSHOMCB) from 2002-12-18 to 2025-06-11 about outright, mortgage-backed, securities, assets, and USA.

United States - Collateralization of Currency: Holdings Against Federal Reserve Notes: Collateral Held Against Federal Reserve Notes: Wednesday Level was 2335402.00000 Mil. of U.S. $ in May of 2025, according to the United States Federal Reserve. Historically, United States - Collateralization of Currency: Holdings Against Federal Reserve Notes: Collateral Held Against Federal Reserve Notes: Wednesday Level reached a record high of 2335402.00000 in May of 2025 and a record low of 642604.00000 in January of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Collateralization of Currency: Holdings Against Federal Reserve Notes: Collateral Held Against Federal Reserve Notes: Wednesday Level - last updated from the United States Federal Reserve on May of 2025.

United States - Liabilities and Capital: Liabilities: Federal Reserve Notes, Net of F.R. Bank Holdings: Wednesday Level was 2343909.00000 Mil. of $ in June of 2025, according to the United States Federal Reserve. Historically, United States - Liabilities and Capital: Liabilities: Federal Reserve Notes, Net of F.R. Bank Holdings: Wednesday Level reached a record high of 2343909.00000 in June of 2025 and a record low of 642604.00000 in January of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Liabilities and Capital: Liabilities: Federal Reserve Notes, Net of F.R. Bank Holdings: Wednesday Level - last updated from the United States Federal Reserve on June of 2025.

United States - Liabilities and Capital: Liabilities: Federal Reserve Notes, Net of F.R. Bank Holdings: Change in Wednesday Level from Year Ago Level was 36611.00000 Mil. of U.S. $ in May of 2025, according to the United States Federal Reserve. Historically, United States - Liabilities and Capital: Liabilities: Federal Reserve Notes, Net of F.R. Bank Holdings: Change in Wednesday Level from Year Ago Level reached a record high of 273716.00000 in November of 2020 and a record low of 4927.00000 in April of 2008. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Liabilities and Capital: Liabilities: Federal Reserve Notes, Net of F.R. Bank Holdings: Change in Wednesday Level from Year Ago Level - last updated from the United States Federal Reserve on May of 2025.

Graph and download economic data for Collateralization of Currency: Holdings Against Federal Reserve Notes: Collateral Held Against Federal Reserve Notes: U.S. Treasury, Agency Debt, and Mortgage-Backed Securities Pledged: Wednesday Level (RESPPNTEPPNWW) from 2002-12-18 to 2025-06-25 about collateral, mortgage-backed, agency, notes, reserves, debt, currency, securities, federal, and USA.

United States - Collateralization of Currency: Holdings Against Federal Reserve Notes: Collateral Held Against Federal Reserve Notes: Gold Certificate Account: Wednesday Level was 11037.00000 Mil. of U.S. $ in May of 2025, according to the United States Federal Reserve. Historically, United States - Collateralization of Currency: Holdings Against Federal Reserve Notes: Collateral Held Against Federal Reserve Notes: Gold Certificate Account: Wednesday Level reached a record high of 11041.00000 in March of 2004 and a record low of 11036.00000 in November of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Collateralization of Currency: Holdings Against Federal Reserve Notes: Collateral Held Against Federal Reserve Notes: Gold Certificate Account: Wednesday Level - last updated from the United States Federal Reserve on May of 2025.

Among the 12 Federal Reserve Banks of the Federal Reserve System (Fed) in the United States, the Federal Reserve Bank of New York held by far the highest value of U.S. Treasury securities in 2023. With roughly 2.8 trillion U.S. dollars worth of securities, the Federal Reserve Bank of New York held over 50 percent of all U.S. Treasury securities of the Fed. It was followed by the Federal Reserve Bank of San Francisco.

United States SOMA Holdings of Domestic Securities: Federal Agency Securities data was reported at 2.347 USD bn in 30 Apr 2025. This stayed constant from the previous number of 2.347 USD bn for 23 Apr 2025. United States SOMA Holdings of Domestic Securities: Federal Agency Securities data is updated weekly, averaging 11.829 USD bn from Jul 2003 (Median) to 30 Apr 2025, with 881 observations. The data reached an all-time high of 169.011 USD bn in 10 Mar 2010 and a record low of 0.000 USD mn in 17 Dec 2003. United States SOMA Holdings of Domestic Securities: Federal Agency Securities data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.KA012: System Open Market Account Holdings of Domestic Securities.

United States - Holding Companies; Long-Term Debt Securities; Asset, Level was 182446.00000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Holding Companies; Long-Term Debt Securities; Asset, Level reached a record high of 182446.00000 in January of 2025 and a record low of 0.00000 in October of 1946. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Holding Companies; Long-Term Debt Securities; Asset, Level - last updated from the United States Federal Reserve on June of 2025.

Data were previously published in the Supplement to the Federal Reserve Bulletin, which ceased publication in December 2008

This information collection is comprised of the following reporting forms: • Application to Become a Bank Holding Company and/or Acquire an Additional Bank or Bank Holding Company (FR Y-3), • Notification to Become a Bank Holding Company and/or Acquire an Additional Bank or Bank Holding Company (FR Y-3N), and • Notification by a Bank Holding Company to Acquire a Nonbank Company and/or Engage in Nonbanking Activities (FR Y-4). These filings collect information on proposals by bank holding companies (BHCs) and companies seeking to become BHCs involving certain formations, acquisitions, mergers, and nonbanking activities. The Board requires the submission of these filings for regulatory and supervisory purposes and to fulfill its statutory obligations under the Bank Holding Company Act of 1956 (BHC Act). The Board uses the information submitted in these filings to evaluate each individual transaction with respect to the relevant statutory factors and to ensure that the transaction complies with other applicable requirements.

Assets: Net Portfolio Holdings of Maiden Lane LLCs: Net Portfolio Holdings of Maiden Lane III LLC: Wednesday Level in Federal Reserve District 8: St. Louis (DISCONTINUED) was 0.00000 Mil. of $ in April of 2020, according to the United States Federal Reserve. Historically, Assets: Net Portfolio Holdings of Maiden Lane LLCs: Net Portfolio Holdings of Maiden Lane III LLC: Wednesday Level in Federal Reserve District 8: St. Louis (DISCONTINUED) reached a record high of 0.00000 in December of 2002 and a record low of 0.00000 in December of 2002. Trading Economics provides the current actual value, an historical data chart and related indicators for Assets: Net Portfolio Holdings of Maiden Lane LLCs: Net Portfolio Holdings of Maiden Lane III LLC: Wednesday Level in Federal Reserve District 8: St. Louis (DISCONTINUED) - last updated from the United States Federal Reserve on June of 2025.

Assets: Net Portfolio Holdings of Maiden Lane LLCs: Net Portfolio Holdings of Maiden Lane II LLC: Wednesday Level in Federal Reserve District 9: Minneapolis (DISCONTINUED) was 0.00000 Mil. of $ in April of 2020, according to the United States Federal Reserve. Historically, Assets: Net Portfolio Holdings of Maiden Lane LLCs: Net Portfolio Holdings of Maiden Lane II LLC: Wednesday Level in Federal Reserve District 9: Minneapolis (DISCONTINUED) reached a record high of 0.00000 in December of 2002 and a record low of 0.00000 in December of 2002. Trading Economics provides the current actual value, an historical data chart and related indicators for Assets: Net Portfolio Holdings of Maiden Lane LLCs: Net Portfolio Holdings of Maiden Lane II LLC: Wednesday Level in Federal Reserve District 9: Minneapolis (DISCONTINUED) - last updated from the United States Federal Reserve on June of 2025.

These tables provide additional detail on the investment holdings of U.S. money market funds, based on a monthly dataset of security-level holdings for all U.S. money market funds. Table 1 reports the aggregate dollar amount of investments of U.S. money market funds since 2010, by the world region and country of the security issuer. Table 2 provides a finer level of detail by month, showing, for each country of issuer, the aggregate dollar amount of investments of U.S. money market funds by type of money fund (i.e., prime, government, and municipal bond funds), type of security (i.e., direct debt and deposits, repurchase agreement, asset-backed commercial paper, and other), and by maturity of the security. Table 3 depicts the asset allocation of U.S. money market fund portfolios over time. Tables 4, 5, and 6 show the asset allocation of prime, government, and tax-exempt money market funds, respectively, over time. The sum of the values in these three tables equals the total value of Table 3. Tables 7 and 8 report additional detail on the repurchase agreement holdings and the commercial paper holdings, respectively, for U.S. money market funds.