Federal Funds Sold
"Federal Funds Sold" is a financial metric that measures the amount of money a financial institution has deposited at the Federal Reserve above and beyond the required reserve. In other words, it is the excess reserves of a bank that can be offered to another bank in the federal funds market as an overnight loan. Essentially, it represents the money a bank is willing to lend out overnight to other banks in need of short-term financing, and earns interest income as a result.
Additional Details
| Metric Name |
Type |
Default Period Type |
| fed_funds_sold |
fin_statement |
FY |
| Data Format |
Display Format |
Unit |
| float |
financial |
usd |