Overnight Repurchase Agreements: Mortgage-Backed Securities Purchased by the Federal Reserve in the Temporary Open Market Operations

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

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

10/18/2021 - 8/15/2025

Summary

The RPONMBSD tracks the volume of mortgage-backed securities purchased by the Federal Reserve through overnight repurchase agreements as part of its monetary policy operations. This metric provides critical insights into the Fed's short-term market interventions and liquidity management 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

This economic indicator represents the Federal Reserve's temporary open market operations involving mortgage-backed securities through repurchase agreements. Economists use this data to assess the central bank's monetary policy stance and short-term financial market interventions.

Methodology

The data is collected and reported by the Federal Reserve, tracking the daily volume of mortgage-backed securities purchased through overnight repurchase agreements.

Historical Context

This metric is used to analyze monetary policy implementation, assess market liquidity, and understand the Federal Reserve's short-term financial market interventions.

Key Facts

  • Represents short-term securities transactions by the Federal Reserve
  • Provides insight into central bank liquidity management
  • Reflects temporary monetary policy interventions

FAQs

Q: What are repurchase agreements?

A: Repurchase agreements are short-term financial transactions where one party sells securities and agrees to repurchase them later at a slightly higher price. They are used to manage liquidity in financial markets.

Q: Why does the Federal Reserve use these agreements?

A: The Fed uses repurchase agreements to manage short-term interest rates and provide liquidity to the financial system. These transactions help stabilize monetary conditions and support market functioning.

Q: How often is the RPONMBSD data updated?

A: The data is typically updated daily, reflecting the Federal Reserve's ongoing open market operations and short-term securities transactions.

Q: What types of securities are involved in these agreements?

A: The RPONMBSD specifically tracks mortgage-backed securities, which are financial instruments backed by a pool of mortgage loans.

Q: How do these agreements impact the broader economy?

A: These agreements help manage market liquidity, influence short-term interest rates, and support the overall stability of the financial system during periods of economic uncertainty.

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Citation

U.S. Federal Reserve, Overnight Repurchase Agreements: Mortgage-Backed Securities Purchased by the Federal Reserve in the Temporary Open Market Operations [RPONMBSD], retrieved from FRED.

Last Checked: 8/1/2025

Overnight Repurchase Agreements: Mortgage-Backed Securities Purchased by the Federal Reserve in the Temporary Open Market Operations | US Economic Trends