US FED Credit US Treasury Bills
US FED Credit US Treasury Bills stood at 566,048 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Securities held outright | 6,471,059 | 6,466,820 | 6,464,597 | 6,471,088 | 6,470,320 | 6,468,269 | 6,468,278 | 6,462,101 | 6,475,303 | 6,471,490 | |
| U.S. Treasury securities | 4,570,552 | 4,566,384 | 4,564,161 | 4,558,332 | 4,554,450 | 4,552,337 | 4,552,347 | 4,546,169 | 4,542,228 | 4,538,288 | |
| Bills | 566,048 | 562,157 | 560,211 | 554,373 | 550,482 | 548,360 | 548,360 | 541,995 | 537,752 | 533,509 |
Understanding US FED Credit US Treasury Bills
This line records the value of short-term sovereign debt instruments held outright, with remaining maturities typically shorter than those of long-term nominal bonds. It excludes inflation-indexed bonds, inflation compensation, other agency securities, and mortgage-backed assets. Compared to total sovereign debt in the portfolio, this is a slice by instrument type and maturity, and consequently may be very small or exhibit fluctuations entirely distinct from long-term components.
Priority should be given to comparing against the preceding period when seeking to identify new purchases, maturities, or reinvestments, but multi-day series should also be reviewed since transactions are only recorded upon final settlement. An unchanged balance does not imply that the short-term instrument market is inactive; yields and transaction prices can fluctuate while the accounting value remains virtually static. Holidays and concentrated maturity schedules also render day-to-day changes irregular.
Frequently asked questions
- How do bills differ from nominal bonds in the table?
- Bills are short-term instruments, whereas nominal bonds cover longer maturities and pay interest according to specific terms.
- Does a zero balance mean this asset class does not exist in the market?
- No. It simply indicates that the portfolio currently records no direct holdings at the observation time.
- Why might the series drop suddenly on a maturity date?
- Matured instruments are removed from the portfolio; replacement transactions may settle at another time.