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 | 2016 | 2017 | 2017 Q1 | 2017 Q2 | 2017 Q3 | 2017 Q4 | 2018 Q1 | 2018 Q2 | 2018 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total debt securities; liability | FA894122005 | 1555.7 | 1483.5 | 917.5 | 1496.9 | 2839.4 | 680.3 | 3716.7 | 1592.7 | 1843.1 | 1 |
| All sectors; open market paper; liability | FA893169175 | -56.6 | 81.1 | 25.8 | -55.2 | 312.3 | 41.4 | 141.2 | 22.0 | 58.1 | 2 |
| Federal government; Treasury securities; liability | FA313161105 | 842.8 | 447.0 | -164.0 | 655.9 | 1636.1 | -339.8 | 2827.3 | 1190.6 | 1183.2 | 3 |
| All sectors; U.S. government agency securities; liability | FA893161705 | 351.6 | 346.9 | 428.0 | 274.5 | 341.2 | 343.7 | 256.5 | 236.0 | 220.5 | 4 |
| Domestic nonfinancial sectors; municipal securities; liability | FA383162005 | 43.5 | 12.8 | -69.5 | 4.6 | -50.4 | 166.4 | -94.1 | -15.1 | -64.4 | 5 |
| All sectors; corporate and foreign bonds; liability | FA893163005 | 374.4 | 595.8 | 697.3 | 617.1 | 600.2 | 468.7 | 585.9 | 159.1 | 445.7 | 6 |
| All sectors; total debt securities; liability | FA894122005 | 1555.7 | 1483.5 | 917.5 | 1496.9 | 2839.4 | 680.3 | 3716.7 | 1592.7 | 1843.1 | 7 |
| Domestic nonfinancial sectors; debt securities; liability | FA384122005 | 1158.7 | 748.9 | 213.1 | 915.8 | 1988.7 | -122.1 | 3010.3 | 1180.6 | 1268.0 | 8 |
| Nonprofit organizations; municipal securities; liability (2) | FA163162003 | -3.1 | 2.4 | -0.8 | 14.8 | -13.1 | 8.8 | 7.3 | -1.4 | -4.4 | 9 |
| Nonfinancial corporate business; debt securities; liability | FA104122005 | 288.0 | 302.6 | 448.7 | 273.8 | 386.4 | 101.3 | 265.3 | 8.7 | 135.6 | 10 |
| Federal government; debt securities; liability | FA314122005 | 842.7 | 447.0 | -164.9 | 656.5 | 1636.0 | -339.7 | 2828.3 | 1186.0 | 1180.4 | 11 |
| State and local governments, excluding employee retirement funds; municipal securities; liability | FA213162005 | 31.2 | -3.1 | -70.0 | -29.3 | -20.6 | 107.5 | -90.6 | -12.7 | -43.7 | 12 |
| Domestic financial sectors; debt securities; liability | FA794122005 | 391.2 | 360.0 | 350.0 | 375.2 | 445.1 | 269.9 | 307.2 | 312.4 | 347.9 | 13 |
| U.S.-chartered depository institutions; debt securities; liability | FA764122005 | -20.3 | -32.6 | -32.2 | -17.9 | 4.5 | -84.9 | 27.1 | 24.5 | -28.0 | 14 |
| Foreign banking offices in the U.S.; open market paper; liability | FA753169175 | 1.5 | -10.2 | -12.9 | -1.3 | -0.3 | -26.4 | 9.4 | 7.2 | -7.7 | 15 |
| Government-sponsored enterprises; GSE issues; liability | FA403161705 | 194.2 | 153.1 | 218.7 | 85.8 | 153.6 | 154.4 | 80.1 | 79.6 | 68.5 | 16 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FA413065005 | 157.5 | 193.8 | 210.2 | 188.1 | 187.7 | 189.2 | 175.3 | 161.0 | 154.8 | 17 |
| Issuers of asset-backed securities; debt securities; liability | FA674122005 | -97.4 | -48.2 | -130.8 | 21.9 | -48.2 | -36.0 | -36.8 | 11.2 | 25.0 | 18 |
| Finance companies; debt securities; liability | FA614122005 | -67.1 | -51.2 | -101.7 | -47.2 | 25.3 | -81.1 | -1.2 | 56.9 | 93.1 | 19 |
| Real estate investment trusts; debt securities; liability | FA644122005 | 21.8 | 21.3 | 19.6 | -3.9 | 12.7 | 56.8 | 33.1 | -6.5 | 35.2 | 20 |
| Security brokers and dealers; corporate and foreign bonds; liability | FA663163003 | -2.2 | 56.5 | 2.3 | 144.4 | 38.8 | 40.6 | -40.3 | -33.0 | 34.2 | 21 |
| Holding companies; debt securities; liability | FA734122005 | 165.2 | 94.4 | 147.9 | 190.1 | 83.3 | -43.8 | -54.2 | -69.8 | -27.0 | 22 |
| Funding corporations; debt securities; liability | FA504122005 | 37.9 | -16.9 | 28.9 | -185.0 | -12.5 | 101.1 | 114.7 | 81.4 | -0.1 | 23 |
| Rest of the world; debt securities, excluding negotiable certificates of deposit; liability | FA264122005 | 5.8 | 374.6 | 354.4 | 205.9 | 405.7 | 532.6 | 399.2 | 99.6 | 227.2 | 24 |
| All sectors; total debt securities; liability | FA894122005 | 1555.7 | 1483.5 | 917.5 | 1496.9 | 2839.4 | 680.3 | 3716.7 | 1592.7 | 1843.1 | 25 |
| Domestic nonfinancial sectors; debt securities; asset | FA384022005 | 35.0 | 40.5 | -11.6 | 257.8 | -325.8 | 241.7 | 706.7 | 754.5 | 760.7 | 26 |
| Households and nonprofit organizations; debt securities; asset | FA154022005 | 0.7 | 34.0 | -28.9 | 334.3 | -281.9 | 112.6 | 829.5 | 558.6 | 931.3 | 27 |
| Nonfinancial corporate business; debt securities; asset | FA104022005 | -6.4 | 32.8 | 54.0 | 46.2 | -11.4 | 42.6 | 6.8 | 32.8 | -49.9 | 28 |
| Nonfinancial noncorporate business; debt securities; asset | FA114022005 | 6.6 | 5.9 | 4.1 | 6.0 | 4.7 | 8.7 | 4.8 | 8.0 | 4.0 | 29 |
| Federal government; debt securities; asset | FA314022005 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 30 |
| State and local governments, excluding employee retirement funds; debt securities; asset | FA214022005 | 34.1 | -32.2 | -40.8 | -128.7 | -37.1 | 77.8 | -134.4 | 155.0 | -124.6 | 31 |
| Domestic financial sectors; debt securities; asset | FA794022005 | 1179.0 | 792.9 | 560.7 | 84.3 | 2138.2 | 388.4 | 2449.1 | 499.6 | 513.1 | 32 |
| Monetary authority; debt securities; asset | FA714022005 | -20.8 | 2.3 | 102.6 | -13.5 | -12.5 | -67.2 | -159.3 | -326.9 | -418.4 | 33 |
| U.S.-chartered depository institutions; debt securities; asset | FA764022005 | 276.4 | 110.4 | 253.0 | -33.3 | 160.2 | 61.6 | -22.2 | 92.3 | 26.7 | 34 |
| Foreign banking offices in the U.S.; debt securities; asset | FA754022005 | 10.7 | 27.3 | -39.2 | 15.4 | -40.8 | 173.8 | -41.2 | 30.3 | -20.3 | 35 |
| Banks in U.S.-affiliated areas; debt securities; asset | FA744022003 | 1.2 | 1.7 | 3.6 | 0.9 | -3.1 | 5.6 | 4.5 | 2.1 | 10.4 | 36 |
| Credit unions; debt securities; asset | FA474022005 | -2.4 | -4.6 | 3.5 | -6.3 | -13.6 | -1.8 | -19.0 | -3.8 | 5.1 | 37 |
| Property-casualty insurance companies; debt securities; asset | FA514022005 | 45.4 | 33.0 | -16.3 | 26.7 | 33.5 | 88.2 | 0.1 | 20.3 | 89.7 | 38 |
| Life insurance companies; debt securities; asset | FA544022005 | 135.7 | 77.0 | 116.8 | 42.7 | 100.7 | 47.9 | 82.5 | 35.1 | 113.5 | 39 |
| Private pension funds; debt securities; asset | FA574022005 | 42.4 | 59.1 | 60.2 | 19.0 | 51.6 | 105.5 | 91.3 | 89.3 | 118.8 | 40 |
| Federal government retirement funds; debt securities; asset | FA344022005 | 100.9 | -83.2 | -442.7 | -359.7 | 1042.3 | -572.9 | 807.5 | 99.3 | 190.3 | 41 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FA224022045 | 3.3 | 77.6 | 45.7 | 37.3 | 91.7 | 135.6 | 208.0 | -15.1 | 105.1 | 42 |
| Money market funds; debt securities; asset | FA634022005 | 166.3 | -68.1 | -233.5 | -166.8 | 117.9 | 10.2 | 741.0 | -175.5 | -46.0 | 43 |
| Mutual funds; debt securities; asset (market value) | FA654022005 | 245.3 | 383.1 | 399.4 | 430.6 | 363.7 | 338.8 | 655.8 | 398.7 | 190.6 | 44 |
| Closed-end funds; debt securities; asset | FA554022005 | 1.5 | 1.1 | 2.4 | 0.9 | -0.2 | 1.3 | -0.0 | 5.5 | -1.9 | 45 |
| Exchange-traded funds; debt securities; asset | FA564022005 | 83.9 | 121.9 | 140.0 | 132.8 | 128.3 | 86.4 | 63.8 | 123.1 | 87.9 | 46 |
| Government-sponsored enterprises; debt securities; asset | FA404022005 | -4.2 | -38.6 | -23.5 | -37.0 | -66.5 | -27.4 | 20.7 | 18.9 | -12.9 | 47 |
| Issuers of asset-backed securities; debt securities; asset | FA674022005 | -8.3 | -8.3 | -18.2 | -15.1 | -3.3 | 3.3 | 5.4 | 4.2 | 12.6 | 48 |
| Finance companies; corporate and foreign bonds; asset | FA613063003 | 9.9 | -10.6 | -13.0 | -12.3 | -15.0 | -2.3 | 3.9 | -4.1 | -22.0 | 49 |
| Real estate investment trusts; debt securities; asset | FA644022005 | -26.4 | 52.6 | 36.8 | 21.5 | 109.2 | 42.7 | -27.2 | -10.7 | 77.5 | 50 |
| Security brokers and dealers; debt securities; asset | FA664022005 | 5.0 | 0.5 | 68.0 | 70.1 | -155.6 | 19.6 | -141.5 | 92.4 | -12.1 | 51 |
| Holding companies; long-term debt securities; asset | FA734022605 | 3.4 | 14.9 | 12.8 | 67.9 | -52.8 | 31.5 | 48.7 | 18.0 | 40.9 | 52 |
| Funding corporations; debt securities; asset | FA504022005 | 109.9 | 43.8 | 102.3 | -137.5 | 302.2 | -91.9 | 126.5 | 6.0 | -22.3 | 53 |
| Rest of the world; debt securities, excluding negotiable certificates of deposit; asset | FA264022005 | 341.7 | 650.1 | 368.4 | 1154.9 | 1027.0 | 50.2 | 560.9 | 338.6 | 569.2 | 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: December 6, 2018