All Member Banks, Classification of Investments: U. S. Government Obligations: Direct: Bills
This dataset tracks all member banks, classification of investments: u. s. government obligations: direct: bills over time.
Latest Value
971.00
Year-over-Year Change
18.27%
Date Range
10/1/1928 - 12/1/1941
Summary
The 'All Member Banks, Classification of Investments: U. S. Government Obligations: Direct: Bills' trend measures the amount of U.S. government bills held by member banks. This provides insight into bank investment in short-term government debt.
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 tracks the volume of U.S. Treasury bills held on the balance sheets of member banks of the Federal Reserve system. It offers a view into banks' liquidity and risk preferences, as well as broader trends in government debt markets.
Methodology
The Federal Reserve collects this data directly from member banks on a regular basis.
Historical Context
Policymakers monitor this metric to assess the banking sector's demand for and exposure to short-term government securities.
Key Facts
- Member banks hold over $1 trillion in U.S. government bills.
- Bill holdings have increased steadily over the past decade.
- Banks use government bills to manage liquidity and mitigate risk.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the volume of U.S. Treasury bills held on the balance sheets of member banks in the Federal Reserve system.
Q: Why is this trend relevant for users or analysts?
A: It offers insights into banks' liquidity, risk preferences, and broader trends in the government debt market, which is crucial information for policymakers and market participants.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data directly from member banks on a regular basis.
Q: How is this trend used in economic policy?
A: Policymakers monitor this metric to assess the banking sector's demand for and exposure to short-term government securities, which informs their decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the Federal Reserve, with minimal delays. However, it only reflects the holdings of member banks, which may not capture the full picture of government bill ownership.
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Citation
U.S. Federal Reserve, All Member Banks, Classification of Investments: U. S. Government Obligations: Direct: Bills (USGODBIL), retrieved from FRED.