Financial Accounts of the United States - Z.1
F.213 Corporate and Foreign Bonds
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2016 | 2017 | 2018 | 2017 Q3 | 2017 Q4 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FA893163005 | 375.7 | 576.4 | 335.7 | 605.9 | 386.9 | 598.0 | 252.7 | 399.0 | 92.9 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 270.9 | 265.5 | 116.1 | 333.3 | 59.7 | 222.3 | -3.3 | 169.3 | 76.3 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FA793163005 | 39.9 | 28.1 | 70.5 | 96.8 | -135.1 | 49.2 | 66.2 | 135.6 | 30.9 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FA763163005 | -17.5 | -34.1 | 19.7 | -2.9 | -92.5 | 54.4 | 3.9 | 17.6 | 3.0 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FA673163005 | -95.1 | -33.3 | -20.1 | -50.1 | 0.5 | -35.9 | 30.4 | -31.5 | -43.4 | 5 |
| Finance companies; corporate and foreign bonds; liability | FA613163005 | -71.7 | -51.9 | 57.1 | 24.0 | -90.5 | 12.3 | 78.2 | 112.0 | 26.0 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FA643163005 | 21.8 | 21.6 | 29.4 | 12.7 | 58.1 | 33.1 | -6.6 | 35.5 | 55.4 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FA663163003 | -2.2 | 56.5 | -1.7 | 38.8 | 40.6 | -40.3 | -33.0 | 34.2 | 32.4 | 8 |
| Holding companies; corporate and foreign bonds; liability | FA733163003 | 168.7 | 92.2 | -49.3 | 79.4 | -44.4 | -48.4 | -73.4 | -31.7 | -43.8 | 9 |
| Funding corporations; corporate and foreign bonds where the proceeds are down-streamed to broker-dealer subsidiaries by investment banks that are holding-company parents; liability | FA503163005 | 35.8 | -22.9 | 35.3 | -5.1 | -6.9 | 74.0 | 66.6 | -0.5 | 1.3 | 10 |
| Rest of the world; bonds; liability (2) | FA263163005 | 65.0 | 282.7 | 149.0 | 175.8 | 462.3 | 326.5 | 189.8 | 94.1 | -14.3 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FA893063005 | 375.7 | 576.4 | 335.7 | 605.9 | 386.9 | 598.0 | 252.7 | 399.0 | 92.9 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | FA153063005 | -82.6 | -54.4 | 64.3 | 53.0 | -130.4 | -180.4 | -22.2 | -230.0 | 689.6 | 13 |
| Federal government; corporate bonds issued by commercial banking under TARP; asset | FA313063763 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 14 |
| State and local governments, excluding employee retirement funds; corporate and foreign bonds; asset | FA213063003 | 1.6 | -4.2 | -1.8 | -4.6 | 6.3 | -20.6 | 8.4 | 13.4 | -8.3 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | FA763063005 | -3.5 | -16.1 | -37.6 | -8.8 | -51.3 | -24.9 | -24.1 | 43.8 | -145.0 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | FA763063605 | -26.7 | -18.8 | -5.0 | -21.5 | -22.0 | -12.7 | -3.7 | -11.3 | 7.7 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | FA763063095 | 23.2 | 2.7 | -32.6 | 12.6 | -29.3 | -12.2 | -20.4 | 55.1 | -152.7 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | FA753063005 | -14.9 | -3.5 | 0.7 | -7.3 | 23.8 | -10.7 | 1.4 | -7.9 | 19.8 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | FA743063005 | 1.1 | 0.2 | -0.1 | -0.4 | 0.5 | -0.1 | -0.2 | 0.0 | 0.0 | 20 |
| Credit unions; corporate and foreign bonds; asset | FA473063005 | 0.5 | -1.0 | 0.7 | -2.5 | -0.3 | 2.2 | -0.2 | -3.0 | 3.8 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | FA473063605 | 0.5 | -1.1 | 0.5 | -2.6 | -0.5 | 2.1 | -0.4 | -2.8 | 3.3 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA473063095 | 0.0 | 0.1 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | -0.2 | 0.5 | 23 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | FA513063005 | 16.8 | 12.2 | 27.9 | 10.6 | 32.0 | 20.2 | 24.1 | 43.2 | 24.1 | 24 |
| Property-casualty insurance companies; mortgage-backed securities and other asset-backed bonds, including those held by U.S. residual market reinsurers; asset | FA513063605 | 2.2 | 2.5 | 8.4 | 2.7 | 3.5 | 4.4 | 5.3 | 9.7 | 14.4 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA513063095 | 14.6 | 9.7 | 19.5 | 7.9 | 28.5 | 15.9 | 18.8 | 33.5 | 9.7 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | FA543063005 | 92.8 | 73.6 | 68.0 | 90.4 | 64.8 | 73.3 | 38.4 | 85.9 | 74.5 | 27 |
| Life insurance companies, general accounts; mortgage-backed securities and other asset-backed bonds, including those held by U.S. captive reinsurers; asset | FA543063675 | 8.5 | 2.2 | 20.5 | 2.6 | 2.1 | 18.9 | 9.7 | 17.7 | 35.7 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA543063095 | 84.3 | 71.4 | 47.5 | 87.8 | 62.7 | 54.3 | 28.7 | 68.2 | 38.8 | 29 |
| Private pension funds; corporate and foreign bonds; asset | FA573063005 | 12.5 | 27.2 | 31.5 | 25.1 | 47.4 | 25.4 | 29.5 | 48.9 | 22.3 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | FA343063005 | 0.7 | 0.4 | -0.4 | 0.3 | 0.7 | -0.3 | 0.3 | 0.4 | -2.2 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | -55.0 | 22.6 | 71.3 | 107.3 | 48.2 | 179.9 | -21.0 | 59.6 | 66.7 | 32 |
| Money market funds; corporate and foreign bonds; asset | FA633063005 | -57.7 | 1.9 | -0.6 | 10.1 | -10.7 | -2.8 | -1.2 | 10.3 | -8.5 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | FA653063005 | 96.8 | 139.4 | 82.8 | 112.7 | 112.1 | 443.0 | 215.0 | 95.0 | -421.7 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | FA553063003 | 3.2 | 0.9 | -0.2 | -0.1 | 1.3 | -0.2 | 0.2 | -0.5 | -0.1 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | FA563063003 | 63.4 | 89.3 | 33.6 | 87.1 | 65.2 | 20.4 | 51.8 | 57.8 | 4.5 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | FA403063005 | -23.2 | -17.0 | -6.3 | -20.2 | -10.1 | -1.4 | -8.3 | -3.4 | -12.0 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | FA403063605 | -22.5 | -16.6 | -6.0 | -19.7 | -9.7 | -0.9 | -7.9 | -3.0 | -12.2 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA403063095 | -0.7 | -0.5 | -0.3 | -0.5 | -0.4 | -0.4 | -0.4 | -0.5 | 0.2 | 39 |
| Finance companies; corporate and foreign bonds; asset | FA613063003 | 9.9 | -10.6 | 0.2 | -15.0 | -2.3 | 3.9 | -5.8 | 5.6 | -3.1 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | FA643063005 | 1.0 | 2.1 | 7.7 | 1.4 | 2.0 | 3.1 | 8.6 | 18.5 | 0.7 | 41 |
| Security brokers and dealers; corporate and foreign bonds; asset | FA663063005 | -12.1 | -8.6 | -8.4 | -60.2 | 39.3 | 20.0 | -5.4 | -0.1 | -48.1 | 42 |
| Holding companies; corporate and foreign bonds; asset | FA733063003 | 2.2 | -2.7 | 4.6 | -81.6 | 8.3 | 3.3 | 2.8 | -1.3 | 13.7 | 43 |
| Funding corporations; corporate and foreign bonds, including financial stabilization programs; asset | FA503063005 | -4.1 | 3.6 | 0.6 | -5.0 | -2.9 | -0.3 | -2.6 | 3.2 | 2.0 | 44 |
| Rest of the world; corporate bonds; asset (4) | FA263063005 | 326.3 | 320.9 | -3.0 | 313.6 | 143.0 | 45.0 | -37.0 | 159.7 | -179.7 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | FA263063603 | -18.4 | -10.5 | -8.6 | -0.3 | -5.3 | -17.4 | -5.7 | -3.4 | -7.9 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA263063095 | 344.7 | 331.4 | 5.6 | 313.9 | 148.3 | 62.3 | -31.3 | 163.1 | -171.8 | 47 |
NOTES
- Net issuance less net acquisition of corporate bonds held as assets.
- Net purchases of foreign issues by U.S. residents.
- For some sectors, purchases of MBS and other ABS are shown separately. MBS and other ABS include privately issued mortgage-backed securities and other privately issued asset-backed bonds.
- Net purchases of U.S. issues by foreign residents.
Last Update: March 7, 2019