Resources and Assets: U.S. Government Securities: Bought or Held Outright: U.S. Certificates of Indebtness, Certificates and Bills
RAGSOCID • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
575.96
Year-over-Year Change
15.41%
Date Range
4/6/1917 - 12/11/1935
Summary
This economic indicator tracks the volume of U.S. government certificates of indebtedness, certificates, and bills held by various entities. It provides critical insight into government debt management and short-term financial instrument circulation.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The series represents the total value of specific U.S. government short-term debt securities that have been purchased or are currently held by financial institutions and investors. Economists use this data to assess government borrowing patterns, liquidity in financial markets, and potential monetary policy implications.
Methodology
Data is collected and compiled by the Federal Reserve through comprehensive tracking of government securities transactions and holdings across financial institutions.
Historical Context
This trend is crucial for understanding government debt dynamics, short-term investment strategies, and potential impacts on broader economic liquidity.
Key Facts
- Tracks short-term U.S. government debt securities
- Provides insight into government borrowing patterns
- Important indicator for financial market liquidity
FAQs
Q: What are certificates of indebtedness?
A: Certificates of indebtedness are short-term government debt instruments used to manage temporary cash flow needs. They are typically issued for short periods and can be quickly converted to cash.
Q: How do these securities impact the broader economy?
A: These securities influence interest rates, government borrowing costs, and overall financial market liquidity. They are important tools for managing government cash flow and monetary policy.
Q: Who typically purchases these government securities?
A: Banks, financial institutions, institutional investors, and sometimes individual investors purchase these securities as low-risk, short-term investment vehicles.
Q: How frequently is this data updated?
A: The Federal Reserve typically updates this data regularly, often on a weekly or monthly basis, providing current insights into government securities holdings.
Q: What limitations exist in interpreting this data?
A: While informative, this data represents a snapshot and should be analyzed alongside other economic indicators for comprehensive financial analysis.
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Citation
U.S. Federal Reserve, Resources and Assets: U.S. Government Securities: Bought or Held Outright: U.S. Certificates of Indebtness, Certificates and Bills [RAGSOCID], retrieved from FRED.
Last Checked: 8/1/2025