US FED Credit Unallocated Security Premiums
US FED Credit Unallocated Security Premiums stood at 208,195 USD million on Oct 14, 2026, according to FRED (Federal Reserve Bank of St. Louis). It is one of the indicators in the FED balance sheet table (Value · Daily), with a complete series running from Dec 18, 2002 to Oct 14, 2026. The complete series with an interactive chart, free to download.
This indicator in the FED balance sheet table
| Indicator | 14-10-2026 | 07-10-2026 | 30-09-2026 | 23-09-2026 | 16-09-2026 | 09-09-2026 | 02-09-2026 | 26-08-2026 | 19-08-2026 | 12-08-2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FED credit | 6,708,946 | 6,700,804 | 6,696,087 | 6,700,760 | 6,699,262 | 6,693,205 | 6,689,880 | 6,683,670 | 6,698,426 | 6,712,859 | |
| Unamortized premiums on securities | 208,195 | 208,512 | 208,790 | 209,369 | 209,806 | 210,148 | 210,447 | 210,801 | 211,546 | 211,905 | |
| Unamortized discounts on securities | -26,325 | -26,322 | -26,080 | -25,985 | -25,969 | -26,007 | -26,040 | -25,915 | -25,994 | -25,907 |
Understanding US FED Credit Unallocated Security Premiums
This balance represents the portion of the security purchase price exceeding nominal value that has not yet been amortized into income over the remaining life of the asset. This is an accounting valuation adjustment associated with the entire eligible securities portfolio, rather than an independent security or additional cash disbursed on the reporting date. It is symmetrical with unamortized discounts, which appear when purchase prices are lower than nominal values.
Premiums typically decline as they are amortized, but can shift sharply upon new purchases, sales, maturities, principal repayments, or adjustments to cash flow assumptions. Reading differences between two separate days requires caution because settlement schedules and accounting updates can create jumps. To understand the economic value of the portfolio, this line should be viewed alongside directly held securities and discounts, rather than viewed as newly injected credit into the market.
Frequently asked questions
- Is the premium considered uncollected interest?
- No; it is the difference between the purchase price and the nominal value, which is being amortized over time.
- Does a declining balance mean securities were sold?
- Not necessarily, as accounting amortization or principal repayments can also cause this item to decline.
- Should this amount be added to the nominal value of the portfolio?
- It can be added when approximating book value, but discounts and related valuation conventions must be considered simultaneously.