Collateralization of Currency: Memo Items: Face Value of Securities Under Reverse Repurchase Agreements (Netted from Total U.S. Treasury, Agency Debt, and Mortgage-Backed Securities): Wednesday Level

RESH4MFNWW • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

513,830.00

Year-over-Year Change

-13.25%

Date Range

6/14/2006 - 8/6/2025

Summary

This economic indicator tracks the face value of securities used in reverse repurchase agreements, providing insight into short-term financial market liquidity and monetary policy interactions. It represents a critical measure of how financial institutions manage collateral and short-term funding strategies.

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 metric reflects the volume of securities temporarily exchanged in reverse repo transactions, which are key mechanisms for managing short-term cash flows and monetary policy implementation. Economists use this data to understand market liquidity, financial institution behavior, and potential stress in short-term funding markets.

Methodology

Data is collected weekly by the Federal Reserve, tracking the net face value of securities involved in reverse repurchase agreements across various financial institutions.

Historical Context

This indicator is used by policymakers and market analysts to assess short-term financial market conditions, monetary policy effectiveness, and potential systemic risks.

Key Facts

  • Represents the net face value of securities in reverse repo agreements
  • Collected on a weekly basis by the Federal Reserve
  • Provides insight into short-term financial market dynamics

FAQs

Q: What is a reverse repurchase agreement?

A: A reverse repo is a short-term borrowing transaction where one party sells securities to another with an agreement to repurchase them later at a higher price, effectively functioning as a collateralized loan.

Q: Why are reverse repos important for monetary policy?

A: Reverse repos help the Federal Reserve manage market liquidity, control short-term interest rates, and provide a mechanism for financial institutions to manage cash and securities.

Q: How often is this data updated?

A: The data is collected and updated on a weekly basis, typically reflecting Wednesday's market conditions.

Q: What types of securities are typically involved?

A: The indicator includes U.S. Treasury securities, agency debt, and mortgage-backed securities used as collateral in these transactions.

Q: What are the limitations of this data?

A: The metric provides a snapshot of market conditions and may not capture all nuanced financial interactions or predict long-term market trends.

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Citation

U.S. Federal Reserve, Collateralization of Currency: Memo Items: Face Value of Securities Under Reverse Repurchase Agreements (Netted from Total U.S. Treasury, Agency Debt, and Mortgage-Backed Securities): Wednesday Level [RESH4MFNWW], retrieved from FRED.

Last Checked: 8/1/2025

Collateralization of Currency: Memo Items: Face Value of Securities Under Reverse Repurchase Agreements (Netted from Total U.S. Treasury, Agency Debt, and Mortgage-Backed Securities): Wednesday Level | US Economic Trends