Board of Governors of the Federal Reserve System

Millions of dollars

Type of issue or issuer, or use		2022	2023	2024	Mar 2025	Apr 2025	May 2025	Jun 2025	Jul 2025	Aug 2025	Sep 2025	Oct 2025
1	All issues, new and refunding 1	1,471,258	1,445,909	2,116,337	248,615	148,548	227,477	190,992	195,196	175,552	307,763	228,765
2	Bonds 2	1,457,809	1,392,684	1,965,714	237,466	140,383	216,198	173,908	176,557	166,618	291,100	210,711
	By type of offering
3	Sold in the United States	1,420,178	1,371,736	1,943,241	232,571	139,236	207,947	165,670	170,972	163,263	281,116	206,346
4	Sold abroad	37,631	20,948	22,473	4,896	1,147	8,251	8,238	5,585	3,354	9,984	4,365
	MEMO
5	Private placements, domestic	59,910	77,388	91,394	5,896	5,013	5,166	7,910	3,074	500	260	112
	By industry group
6	Nonfinancial	557,324	632,652	844,630	113,251	52,064	84,045	70,154	51,809	77,425	148,259	81,321
7	Financial	900,486	760,031	1,121,084	124,216	88,319	132,153	103,754	124,748	89,193	142,841	129,391
8	Stocks 3	71,115	64,068	152,169	11,175	8,167	11,279	17,085	18,639	8,945	16,698	18,069
	By industry group
9	Nonfinancial	32,760	44,563	94,573	7,541	1,076	6,048	9,089	7,278	5,921	10,617	10,516
10	Financial	38,355	19,506	57,596	3,635	7,092	5,231	7,996	11,361	3,025	6,080	7,553

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