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Funding Agreement-Backed Securities (FABS)

Published by Board of Governors of the Federal Reserve System | Board of Governors of the Federal Reserve System | Metadata Last Checked: January 24, 2026 | Last Modified: R/P3M
The data presented in this Enhanced Financial Accounts (EFA) project provide additional detail on funding agreement-backed securities (FABS). FABS are securities that are backed by a funding agreement, which is a deposit-type contract, issued by life insurance companies, that promises a stream of predictable fixed payments over a specified period of time.

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