Federal Reserve Statistical Release, Z.1,
 Flow of Funds Accounts of the United States; title with eagle logo links to Statistical Release home page

Release Date: March 9, 2006
Release dates | Coded tables | Historical data
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L.1 Credit Market Debt Outstanding1
Billions of dollars; amounts outstanding end of period, not seasonally adjusted

Description
2001
2002
2003
2004
Q1
2004
Q2
2004
Q3
2004
Q4
2005
Q1
2005
Q2
2005
Q3
2005
Q4

Line
All sectors credit market instruments, excluding corporate equities liability 28904.1 31233.7 34092.2 34695.8 35301.2 36048.3 36963.1 37594.2 38405.7 39157.7 40229.9 1
Domestic nonfinancial sectors credit market instruments, excluding corporate equities liability 19148.4 20467.4 22149.2 22582.4 22989.7 23507.2 24096.7 24596.2 25082.1 25704.2 26391.3 2
Households and nonprofit organizations credit and equity market instruments liability 7561.1 8297.3 9253.8 9430.9 9685.7 9991.7 10292.0 10463.1 10780.9 11146.5 11496.6 3
Nonfarm nonfinancial corporate business credit market instruments liability 4758.4 4783.4 4890.3 4925.6 4944.2 4985.1 5064.8 5130.5 5207.0 5264.0 5354.1 4
Nonfarm noncorporate business credit and equity market instruments liability 1959.3 2107.8 2204.8 2252.7 2310.7 2375.0 2447.7 2498.6 2582.5 2664.5 2748.8 5
Farm business credit and equity market instruments liability 192.0 199.8 207.5 205.6 212.6 217.6 219.2 216.2 224.1 230.8 234.6 6
State and local governments, excluding employee retirement funds credit  market instruments liability 1298.1 1442.0 1559.7 1598.6 1626.9 1644.9 1678.0 1728.1 1770.8 1808.8 1855.3 7
Federal government credit  market instruments liability 3379.5 3637.0 4033.1 4168.9 4209.6 4292.9 4395.0 4559.7 4516.8 4589.6 4701.9 8
Rest of the world credit market instruments, excluding corporate equities liability 773.4 960.7 1142.3 1163.2 1148.1 1172.5 1247.6 1252.4 1277.4 1305.2 1342.6 9
Total finance credit market instruments, excluding corporate equities liability 8982.3 9805.6 10800.8 10950.2 11163.4 11368.6 11618.8 11745.6 12046.2 12148.3 12496.0 10
Commercial banking credit market instruments, excluding corporate equities liability 562.1 611.8 661.0 703.2 710.2 723.4 738.8 776.3 792.0 810.6 823.9 11
U.S.-chartered commercial banks credit market instruments, excluding corporate equities liability 294.9 324.8 338.7 355.2 358.1 356.1 356.7 372.3 382.7 388.3 393.6 12
Foreign banking offices in the U.S. acceptances liability 1.1 0.7 0.6 0.6 0.6 0.7 0.7 0.6 0.8 0.8 0.8 13
Bank holding companies credit market instruments, excluding corporate equities liability 266.1 286.4 321.8 347.5 351.5 366.6 381.3 403.3 408.6 421.5 429.5 14
Savings institutions credit market instruments liability 285.7 262.3 268.3 267.2 308.0 308.2 332.8 324.3 344.1 344.3 348.9 15
Credit unions FHLB advances (other loans and advances) liability 4.9 6.9 9.1 8.4 9.6 9.9 11.4 11.8 12.5 12.6 14.7 16
Life insurance companies FHLB advances (other loans and advances) liability 3.1 5.1 8.0 7.9 8.6 8.6 11.1 10.7 11.2 11.3 11.5 17
Government-sponsored enterprises credit and equity market instruments liability 2130.6 2350.4 2594.1 2594.3 2647.3 2670.5 2659.2 2606.8 2585.7 2524.8 2574.9 18
Agency-and GSE-backed mortgage pools total mortgages (total financial assets and net increase in pool securities) asset 2831.8 3158.6 3489.1 3510.2 3523.5 3543.6 3542.2 3547.1 3567.9 3616.9 3677.5 19
Issuers of asset-backed securities total financial liabilities liability 1706.0 1887.8 2093.3 2123.3 2215.3 2317.3 2418.4 2524.3 2696.0 2863.6 3063.2 20
Finance companies credit and equity market instruments liability 779.2 821.4 939.6 959.0 963.1 995.1 1057.4 1067.7 1068.3 981.4 1023.4 21
Mortgage companies bank loans not elsewhere classified liability 16.0 16.0 16.0 16.0 16.0 16.0 16.0 16.0 16.0 16.0 16.0 22
Real estate investment trusts credit market instruments, excluding corporate equities liability 171.2 195.7 227.7 244.4 260.4 285.8 340.9 359.2 382.4 398.9 421.1 23
Security brokers and dealers corporate and foreign bonds liability 42.3 40.6 47.0 60.0 60.6 68.9 62.2 65.0 63.7 70.7 62.4 24
Funding corporations credit market instruments, excluding corporate equities liability 449.3 448.8 447.4 456.1 440.8 421.3 428.5 436.5 506.2 497.1 458.5 25
All sectors credit market instruments, excluding corporate equities liability 28904.1 31233.7 34092.2 34695.8 35301.2 36048.3 36963.1 37594.2 38405.7 39157.7 40229.9 26
Domestic nonfinancial sectors credit market instruments, excluding corporate equities asset 3756.8 3924.5 4311.3 4214.9 4276.7 4364.4 4539.8 4505.0 4587.8 4599.3 4725.9 27
Households and nonprofit organizations credit market instruments, excluding corporate equities asset 2174.1 2220.5 2557.2 2440.5 2492.5 2554.7 2680.8 2621.3 2676.8 2633.1 2733.4 28
Nonfarm nonfinancial corporate business credit market instruments, excluding corporate equities asset 246.1 272.2 271.1 266.0 269.1 275.2 298.3 289.7 298.1 314.6 318.4 29
Nonfarm noncorporate business credit market instruments, excluding corporate equities asset 73.0 72.2 73.4 75.8 78.7 82.0 85.5 88.1 92.3 96.5 100.5 30
State and local governments, excluding employee retirement funds credit market instruments, excluding corporate equities and mutual funds asset 985.0 1071.4 1124.0 1145.8 1152.6 1162.5 1185.8 1216.3 1235.3 1265.3 1285.0 31
Federal government credit  market instruments asset 278.6 288.2 285.6 286.8 283.8 289.9 289.5 289.5 285.4 289.9 288.7 32
Rest of the world credit market instruments, excluding corporate equities asset 2949.0 3424.1 3918.4 4113.6 4321.2 4475.4 4679.7 4866.7 5061.9 5296.6 5575.7 33
Total finance credit market instruments, excluding corporate equities asset 22198.3 23885.1 25862.5 26367.2 26703.4 27208.5 27743.6 28222.5 28756.1 29261.7 29928.3 34
Monetary authority credit market instruments asset 551.7 629.4 666.7 674.1 687.4 700.3 717.8 717.3 724.7 736.4 744.2 35
Commercial banking credit market instruments, excluding corporate equities, mutual fund shares, security credit and including customers' liability on acceptances asset 5210.5 5614.9 5960.8 6135.3 6270.2 6336.9 6543.0 6745.2 6909.7 7084.1 7190.7 36
U.S.-chartered commercial banks credit market instruments, excluding corporate equities, mutual fund shares, security credit, and including customers' liabilities on acceptances asset 4610.1 5003.9 5361.7 5525.9 5665.7 5734.3 5909.7 6054.3 6178.8 6327.3 6410.0 37
Foreign banking offices in the U.S. credit market instruments, excluding corporate equities, security credit, and including customers' liabilities on acceptances asset 510.7 516.9 485.8 492.9 484.0 478.6 506.1 563.1 592.1 628.2 648.3 38
Bank holding companies credit market instruments, excluding corporate equities asset 24.7 27.8 36.4 36.7 36.1 36.9 36.4 34.0 41.4 29.9 32.2 39
Banks in U.S.-affiliated areas credit market instruments asset 65.0 66.3 76.9 79.9 84.5 87.1 90.8 93.8 97.4 98.8 100.2 40
Savings institutions credit market instruments asset 1133.2 1166.6 1292.6 1348.8 1391.2 1426.9 1485.4 1495.8 1550.2 1588.8 1615.9 41
Credit unions credit market instruments, excluding corporate equities asset 421.2 463.9 514.5 524.2 541.5 547.7 556.5 566.0 579.0 587.2 595.4 42
Other (that is, property-casualty) insurance companies credit market instruments, excluding corporate equities asset 518.4 558.3 625.2 651.5 667.8 686.2 698.8 721.1 733.4 762.3 780.8 43
Life insurance companies credit market instruments, excluding corporate equities asset 2074.8 2307.8 2488.3 2546.3 2586.1 2631.6 2661.4 2713.8 2728.9 2754.9 2773.7 44
Private pension funds credit market instruments, excluding corporate equities asset 637.3 663.0 677.2 688.4 694.2 705.4 712.1 714.0 725.6 737.4 734.9 45
State and local government employee retirement funds credit market instruments, excluding corporate equities asset 689.4 638.7 649.9 677.3 694.1 678.4 677.1 692.1 686.2 671.5 666.8 46
Federal government retirement funds credit market instruments, excluding corporate equities asset 44.8 57.8 64.1 64.3 66.0 68.8 68.8 70.9 73.7 75.7 76.5 47
Money market mutual funds credit market instruments asset 1584.9 1567.1 1471.3 1416.9 1352.0 1322.1 1346.3 1294.3 1252.7 1246.8 1336.2 48
Mutual funds credit market instruments asset 1223.8 1368.0 1505.7 1558.9 1558.9 1586.7 1622.8 1670.0 1697.1 1725.4 1751.1 49
Closed-end funds credit market instruments asset 108.5 117.1 153.3 155.8 161.2 161.3 164.5 166.1 167.1 166.9 166.2 50
Exchange-traded funds credit market instruments asset 0.0 3.7 4.5 5.7 6.6 7.2 8.2 11.2 12.0 13.8 15.0 51
Government-sponsored enterprises credit and equity market instruments asset 2099.1 2323.2 2559.7 2555.7 2603.8 2631.3 2605.9 2581.4 2571.2 2503.1 2540.8 52
Agency-and GSE-backed mortgage pools total mortgages (total financial assets and net increase in pool securities) asset 2831.8 3158.6 3489.1 3510.2 3523.5 3543.6 3542.2 3547.1 3567.9 3616.9 3677.5 53
Issuers of asset-backed securities credit and equity market instruments asset 1602.6 1792.5 2004.6 2037.7 2134.0 2238.0 2330.2 2433.8 2600.6 2763.5 2954.4 54
Finance companies credit and equity market instruments asset 846.4 867.6 951.8 989.2 1009.9 1033.4 1081.4 1076.8 1085.4 1101.1 1146.7 55
Mortgage companies total mortgages (total financial assets) asset 32.1 32.1 32.1 32.1 32.1 32.1 32.1 32.1 32.1 32.1 32.1 56
Real estate investment trusts credit market instruments asset 48.0 71.8 97.5 119.0 133.0 155.8 200.1 209.5 239.5 261.8 286.9 57
Security brokers and dealers credit market instruments, excluding corporate equities asset 316.0 344.4 424.1 405.0 325.5 453.5 394.9 440.0 457.3 432.0 486.0 58
Funding corporations credit market instruments, excluding corporate equities asset 223.8 138.7 229.6 270.6 264.2 261.4 294.0 324.1 361.7 400.0 356.6 59

  FOOTNOTES
  1.  Excludes corporate equities and mutual fund shares. Return to text


Release dates | Coded tables | Historical data
Current release | Screen reader | PDF (450 KB)

Statistical releases