Federal Funds Purchased and Securities Sold

"Federal Funds Purchased and Securities Sold" is a financial metric that refers to the amount of federal funds borrowed by a company from other banks or financial institutions, and the amount of securities sold by a company to raise funds.

This metric is tracked by companies as a measure of their liquidity and ability to meet short-term financial obligations. It is particularly important for financial institutions, as they often borrow and lend federal funds as part of their regular operations.

Overall, a high level of federal funds purchased and securities sold can indicate that a company has a strong liquidity position and is well-positioned to weather short-term market fluctuations. However, it can also indicate that a company is heavily reliant on short-term borrowing to fund operations, which can be risky in the long-term.

Additional Details

Metric Name	Type	Default Period Type
fed_funds_purchased	fin_statement	FY

Formatting Details

Data Format	Display Format	Unit
float	financial	usd