The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
Notice of Discontinuation:
The Board of Governors of the Federal Reserve System discontinued the FR 2051a in April 2010. The Investment Company Institute (ICI) will continue to collect the data for its own purposes and share it with the Federal Reserve.
The ICI conducts a weekly survey and provides the Federal Reserve with the net value of total shares outstanding (total assets less expenses and management fees) of money market mutual funds (MMMFs).
The Federal Reserve uses the MMMF data to construct the M2 monetary aggregate and to analyze current money market conditions. The monetary aggregates are published in the weekly H.6 Money Stock and Debt Measures statistical release and in the Federal Reserve Bulletin. Retail and institutional MMMF data, along with IRA/Keogh balances at MMMFs, also are published as separate items on the H.6 release.