This excerpt taken from the C 10-K filed Feb 28, 2005.
Federal Funds Purchased and Securities Loaned or Sold Under Agreements to Repurchase
At December 31, 2004, federal funds purchased and securities loaned or sold under agreements to repurchase increased $28.4 billion or 16% to $209.6 billion, compared to $181.2 billion at the prior year end. This increase is attributable to increases of $22.3 billion in federal funds purchased and repurchase agreements and an increase of $6.1 billion in deposits received for securities loaned. Average volume in 2004 increased to $214.1 billion yielding 2.7%, compared to $180.2 billion and 2.7% in 2003. See Note 6 to the Consolidated Financial Statements.