An account managed by the Federal Reserve Bank that contains assets acquired through the open market. The account consists of domestic securities and foreign currency portfolios. The domestic securities are U.S. treasuries, and the foreign currency portfolios include a variety of investments denominated in euros and yen. The SOMA can be used as a source of liquidity in an emergency. It also provides collateral for the liabilities on the Federal Reserve's balance sheet.

Related information about system open market account (SOMA):

1. System Open Market Account (SOMA) Definition | Investopedia
   An account that is managed by the Federal Reserve Bank, containing assets acquired through operations in the open market. The assets in the System Open ...
    
2. System Open Market Account - Federal Reserve Bank of New York
   The Federal Reserve System Open Market Account (SOMA) is a portfolio of U.S. Treasury and Federal Agency securities1, foreign currency investments and ...
    
3. System Open Market Account Holdings - Federal Reserve Bank of ...
   The System Open Market Account (SOMA), managed by the Federal Reserve Bank of New York, contains dollar-denominated assets acquired via open market ...
    
4. System Open Market Account - Wikipedia, the free encyclopedia
   The Federal Reserve System Open Market Account (SOMA) is one of the monetary policy tools used by the Federal Reserve System. It consists of the Federal ...
    
5. FRB: System Open Market Account (SOMA)
   Apr 15, 2010 ... System Open Market Account (SOMA). Recent Developments. The SOMA portfolio has continued to expand, although the Federal Open Market ...
    
6. FRB: CLBS Report, System Open Market Account, April 2012
   Between February 29 and March 28, 2012, the System Open Market Account's ( SOMA's) holdings of Treasury securities were little changed. As purchases and ...
    
7. System Open Market Account - SOMA: Definition from Answers.com
   System Open Market Account - SOMA An account that is managed by the Federal Reserve Bank, containing assets acquired through operations.
    
8. What is system open market account (SOMA)? definition and meaning
   Definition of system open market account (SOMA): An account managed by the Federal Reserve Bank that contains assets acquired through the open market.