Board of Governors of the Federal Reserve System

Millions of dollars

Type of issue or issuer, or use		2023	2024	2025	Oct 2025	Nov 2025	Dec 2025	Jan 2026	Feb 2026	Mar 2026	Apr 2026	May 2026
1	All issues, new and refunding 1	1,446,332	2,120,236	2,603,456	246,897	270,689	128,374	253,181	335,630	347,680	256,470	314,613
2	Bonds 2	1,393,107	1,969,613	2,421,638	228,843	252,280	97,703	240,147	316,864	327,944	235,010	284,852
	By type of offering
3	Sold in the United States	1,372,159	1,946,321	2,359,884	224,562	244,902	94,650	234,345	298,614	319,343	229,417	255,321
4	Sold abroad	20,948	23,292	61,754	4,281	7,378	3,053	5,802	18,251	8,601	5,594	29,531
	MEMO
5	Private placements, domestic	75,335	99,048	97,626	3,867	4,991	8,064	123	3,205	180	100	n.a.
	By industry group
6	Nonfinancial	635,167	847,379	1,029,618	82,995	132,168	38,215	68,314	193,491	186,468	93,072	140,315
7	Financial	757,940	1,122,235	1,392,020	145,848	120,112	59,488	171,832	123,374	141,477	141,939	144,537
8	Stocks 3	64,068	152,169	197,048	18,069	27,056	34,517	13,053	23,578	21,899	21,564	32,762
	By industry group
9	Nonfinancial	44,563	94,573	119,771	10,516	22,395	24,638	7,508	12,721	16,316	14,667	20,622
10	Financial	19,506	57,596	77,277	7,553	4,661	9,880	5,545	10,856	5,583	6,897	12,140

1. Figures represent gross proceeds of issues maturing in more than one year; they are the principal amount or number of units calculated by multiplying by the offering price. Figures exclude secondary offerings, employee stock plans, investment companies other than closed-end, intracorporate transactions, Yankee bonds, and private placements listed. Stock data include ownership securities issued by limited partnerships.  Return to table
2. Monthly data include 144(a) offerings.  Return to table
3. Monthly data include public offerings.  Return to table