Financial Accounts of the United States - Z.1
F.208 Debt Securities (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2015 | 2016 | 2017 | 2016 Q3 | 2016 Q4 | 2017 Q1 | 2017 Q2 | 2017 Q3 | 2017 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total debt securities; liability | FA894122005 | 1261.7 | 1548.9 | 1452.3 | 1680.3 | 1246.5 | 439.9 | 1362.3 | 3018.9 | 988 | 1 |
| All sectors; open market paper; liability | FA893169175 | 11.1 | -56.6 | 80.4 | -497 | 123.8 | 42.6 | -51.3 | 268.1 | 62 | 2 |
| Federal government; Treasury securities; liability | FA313161105 | 724.4 | 842.8 | 447 | 991 | 566.8 | -412.7 | 577.1 | 1655.8 | -32 | 3 |
| All sectors; U.S. government agency securities; liability | FA893161705 | 220.6 | 351.6 | 336.5 | 324.5 | 419 | 245.7 | 388 | 327.3 | 384.9 | 4 |
| Domestic nonfinancial sectors; municipal securities; liability | FA383162005 | 13.9 | 42.2 | 10.9 | 32.4 | 9.2 | -106.8 | -9.8 | -28.6 | 189 | 5 |
| All sectors; corporate and foreign bonds; liability | FA893163005 | 291.7 | 369 | 577.4 | 829.5 | 127.8 | 671.1 | 458.2 | 796.2 | 384.2 | 6 |
| All sectors; total debt securities; liability | FA894122005 | 1261.7 | 1548.9 | 1452.3 | 1680.3 | 1246.5 | 439.9 | 1362.3 | 3018.9 | 988 | 7 |
| Domestic nonfinancial sectors; debt securities; liability | FA384122005 | 1132.6 | 1166.5 | 743.3 | 1223.8 | 636.5 | -82 | 814.4 | 2031.6 | 209.2 | 8 |
| Nonprofit organizations; municipal securities; liability (2) | FA163162003 | -8.2 | -3.4 | 1.6 | -8.9 | -7.7 | -0.4 | 12.3 | -12 | 6.4 | 9 |
| Nonfinancial corporate business; debt securities; liability | FA104122005 | 407.3 | 297.3 | 299 | 217.6 | 69.1 | 435.7 | 262.2 | 392.4 | 105.9 | 10 |
| Federal government; debt securities; liability | FA314122005 | 724.6 | 842.7 | 447 | 990.2 | 567.1 | -413.7 | 577.7 | 1655.7 | -31.9 | 11 |
| State and local governments, excluding employee retirement funds; municipal securities; liability | FA213162005 | 8.9 | 30 | -4.3 | 24.9 | 8 | -103.5 | -37.9 | -4.5 | 128.8 | 12 |
| Domestic financial sectors; debt securities; liability | FA794122005 | 160.5 | 359.1 | 418.6 | 450.2 | 262.4 | 194.6 | 410.6 | 590 | 479.2 | 13 |
| U.S.-chartered depository institutions; debt securities; liability | FA764122005 | -9.3 | -21.4 | -13 | -44.2 | -52.5 | -12.1 | -18.2 | 11.2 | -32.9 | 14 |
| Foreign banking offices in the U.S.; bankers' acceptances; liability | FA753169603 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 |
| Government-sponsored enterprises; GSE issues; liability | FA403161705 | 93.5 | 194.2 | 144.1 | 197.9 | 232.7 | 28.2 | 198.4 | 153.1 | 196.5 | 16 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FA413065005 | 126.9 | 157.5 | 192.5 | 127.3 | 185.9 | 218.5 | 188.9 | 174.3 | 188.3 | 17 |
| Issuers of asset-backed securities; debt securities; liability | FA674122005 | -51.1 | -96.8 | -56.7 | -89.3 | -79.2 | -98.5 | 7.9 | -63.2 | -73.1 | 18 |
| Finance companies; debt securities; liability | FA614122005 | -16 | -67.1 | -37.5 | -84.3 | -37.9 | -100.3 | -50.1 | 13 | -12.4 | 19 |
| Real estate investment trusts; debt securities; liability | FA644122005 | -7.8 | 21.2 | 21.1 | 2.4 | -16.2 | 20.9 | 13.6 | 13.7 | 36.1 | 20 |
| Security brokers and dealers; corporate and foreign bonds; liability | FA663163003 | 7.4 | -2.2 | 54.9 | 58.5 | 14 | 2.3 | 144.4 | 38.8 | 34.2 | 21 |
| Holding companies; debt securities; liability | FA734122005 | -49.4 | 138.2 | 126.1 | 346.5 | -7.6 | 103.8 | 116.1 | 254.6 | 30.1 | 22 |
| Funding corporations; debt securities; liability | FA504122005 | 66.2 | 35.5 | -12.9 | -64.5 | 23.1 | 31.9 | -190.4 | -5.5 | 112.2 | 23 |
| Rest of the world; debt securities, excluding negotiable certificates of deposit; liability | FA264122005 | -31.3 | 23.3 | 290.4 | 6.3 | 347.7 | 327.2 | 137.3 | 397.3 | 299.7 | 24 |
| All sectors; total debt securities; liability | FA894122005 | 1261.7 | 1548.9 | 1452.3 | 1680.3 | 1246.5 | 439.9 | 1362.3 | 3018.9 | 988 | 25 |
| Domestic nonfinancial sectors; debt securities; asset | FA384022005 | 259.7 | 34.2 | -110.4 | 97.3 | -43.5 | -741.4 | -2.7 | 21.2 | 281.3 | 26 |
| Households and nonprofit organizations; debt securities; asset | FA154022005 | 271.5 | -88.8 | -171.6 | -186.5 | -106.1 | -761.1 | 6.2 | -62.7 | 131.3 | 27 |
| Nonfinancial corporate business; debt securities; asset | FA104022005 | -5.7 | 33.2 | 13.7 | 108.2 | 1.9 | -0.9 | 46.7 | -0.9 | 9.8 | 28 |
| Nonfinancial noncorporate business; debt securities; asset | FA114022005 | 4.3 | 4.3 | 3.6 | 4.6 | 4 | 2.8 | 3.8 | 2.9 | 5 | 29 |
| Federal government; debt securities; asset | FA314022005 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 |
| State and local governments, excluding employee retirement funds; debt securities; asset | FA214022005 | -10.4 | 85.5 | 43.9 | 171 | 56.7 | 17.8 | -59.5 | 81.9 | 135.2 | 31 |
| Domestic financial sectors; debt securities; asset | FA794022005 | 595.5 | 1165.7 | 915.7 | 1132.3 | 969.5 | 798 | 147.6 | 1981.2 | 736.2 | 32 |
| Monetary authority; debt securities; asset | FA714022005 | 5.1 | -20.8 | 2.3 | -40.6 | 1.4 | 102.6 | -13.5 | -12.5 | -67.2 | 33 |
| U.S.-chartered depository institutions; debt securities; asset | FA764022005 | 214.4 | 276.4 | 110.4 | 451.5 | 331 | 243.8 | -48.2 | 171.9 | 74.1 | 34 |
| Foreign banking offices in the U.S.; debt securities; asset | FA754022005 | -9 | 10.7 | 27.3 | -42.7 | -96.3 | -39.2 | 15.4 | -40.8 | 173.8 | 35 |
| Banks in U.S.-affiliated areas; debt securities; asset | FA744022003 | 0.8 | 1.2 | 1.7 | -1.3 | 3.8 | 3.6 | 0.9 | -3.1 | 5.6 | 36 |
| Credit unions; debt securities; asset | FA474022005 | -2.8 | -17.3 | 10.3 | 1.8 | -36.2 | 59 | -7.2 | -11.3 | 0.8 | 37 |
| Property-casualty insurance companies; debt securities; asset | FA514022005 | 20.4 | 41.7 | 14.7 | 99.3 | 10.6 | -12 | 26.4 | 29.9 | 14.6 | 38 |
| Life insurance companies; debt securities; asset | FA544022005 | 84.9 | 141.8 | 104.7 | 147.6 | 17.7 | 162.8 | 99 | 60 | 97.1 | 39 |
| Private pension funds; debt securities; asset | FA574022005 | -14.1 | 49.1 | 54.7 | 19.4 | 79 | 72 | 15 | 57.7 | 74.3 | 40 |
| Federal government retirement funds; debt securities; asset | FA344022005 | 93.1 | 100.9 | -83.4 | 102.3 | 126.2 | -443.7 | -364.3 | 1034.5 | -560.2 | 41 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FA224022045 | -0.6 | 36.7 | 78.5 | 71 | 107.9 | 80.9 | 72.3 | 76.5 | 84.4 | 42 |
| Money market funds; debt securities; asset | FA634022005 | 72.2 | 164.3 | -63.6 | -207.6 | 391.2 | -227.7 | -146.7 | 103.9 | 16.2 | 43 |
| Mutual funds; debt securities; asset (market value) | FA654022005 | 116.7 | 246.6 | 454 | 506.5 | 98.1 | 396.5 | 407.5 | 372 | 639.9 | 44 |
| Closed-end funds; debt securities; asset | FA554022005 | 0.5 | 1.5 | 3.3 | 2.6 | 1.6 | 2.4 | 0.9 | -0.2 | 10 | 45 |
| Exchange-traded funds; debt securities; asset | FA564022005 | 55.3 | 83.9 | 121.9 | 96.8 | 52.4 | 140 | 132.8 | 128.3 | 86.4 | 46 |
| Government-sponsored enterprises; debt securities; asset | FA404022005 | -25.3 | -4.2 | -38 | -12.6 | -42.4 | -23.5 | -37 | -66.5 | -25.1 | 47 |
| Issuers of asset-backed securities; debt securities; asset | FA674022005 | 0.9 | -8.3 | -5 | -15 | -5.2 | -18.2 | -15.1 | -3.3 | 16.6 | 48 |
| Finance companies; corporate and foreign bonds; asset | FA613063003 | 2.2 | 9.9 | -10.6 | 13.4 | -15.6 | -13 | -12.3 | -15.3 | -2.1 | 49 |
| Real estate investment trusts; debt securities; asset | FA644022005 | -44.7 | -26.5 | 51.7 | -6.8 | -42.7 | 36.9 | 20.9 | 109.2 | 39.9 | 50 |
| Security brokers and dealers; debt securities; asset | FA664022005 | -36.7 | 5 | 26.9 | -16.2 | -116.9 | 120.2 | 123.4 | -184.7 | 48.5 | 51 |
| Holding companies; long-term debt securities; asset | FA734022605 | -20.6 | 3.5 | 14.9 | -0.4 | 15.8 | 13.6 | 67.1 | -52.6 | 31.6 | 52 |
| Funding corporations; debt securities; asset | FA504022005 | 82.9 | 69.5 | 39 | -36.8 | 88.3 | 140.7 | -189.5 | 227.7 | -22.9 | 53 |
| Rest of the world; debt securities, excluding negotiable certificates of deposit; asset | FA264022005 | 406.6 | 349.1 | 646.9 | 450.7 | 320.5 | 383.4 | 1217.4 | 1016.5 | -29.5 | 54 |
NOTES
- Sum of open market paper, Treasury securities, agency- and GSE-backed securities, municipal securities, and corporate and foreign bonds.
- Liability of the households and nonprofit organizations sector (table F.101).
Last Update: March 8, 2018