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.
Related Trends
Assets: Securities Held Outright: U.S. Treasury Securities: Bills: Change in Wednesday Level from Year Ago Level
RESPPALGUOBXCH52NWW
Liabilities and Capital: Liabilities: Deposits with F.R. Banks, Other Than Reserve Balances: Deposits Held by Depository Institutions: Wednesday Level
H41RESPPLLDENWW
Assets: Securities Held Outright: U.S. Treasury Securities: Maturing in 91 Days to 1 Year: Wednesday Level
TREAS911Y
Memorandum Items: Securities Lent to Dealers: Overnight Facility, Federal Agency Debt Securities: Change in Week Average from Previous Week Average
RESH4DOFXAWXCH1NWW
Assets: Securities Held Outright: Federal Agency Debt Securities: Maturing Within 15 Days: Change in Wednesday Level from Previous Wednesday Level
RESPPALGAMD15XCH1NWW
Assets: Securities Held Outright: U.S. Treasury Securities: Change in Wednesday Level from Previous Wednesday Level
RESPPALGUOXCH1NWW
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