Financial Accounts of the United States - Z.1
L.213 Corporate and Foreign Bonds
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| 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 | FL893163005 | 12368.4 | 13037.7 | 13269.4 | 12917.4 | 13037.7 | 13193.9 | 13187.6 | 13269.5 | 13269.4 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FL103163003 | 5115.0 | 5380.6 | 5496.7 | 5365.7 | 5380.6 | 5436.2 | 5435.3 | 5477.7 | 5496.7 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FL793163005 | 4722.3 | 4714.1 | 4765.6 | 4753.5 | 4714.1 | 4718.9 | 4728.8 | 4762.6 | 4765.6 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FL763163005 | 181.3 | 147.2 | 167.0 | 170.3 | 147.2 | 160.8 | 161.8 | 166.2 | 167.0 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FL673163005 | 1148.9 | 1100.7 | 1061.6 | 1106.2 | 1100.7 | 1084.2 | 1085.2 | 1077.2 | 1061.6 | 5 |
| Finance companies; corporate and foreign bonds; liability | FL613163005 | 814.9 | 763.0 | 820.1 | 785.6 | 763.0 | 766.0 | 785.6 | 813.6 | 820.1 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FL643163005 | 417.3 | 439.0 | 468.3 | 424.5 | 439.0 | 447.3 | 445.6 | 454.5 | 468.3 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FL663163003 | 129.1 | 185.7 | 184.0 | 175.5 | 185.7 | 175.6 | 167.4 | 175.9 | 184.0 | 8 |
| Holding companies; corporate and foreign bonds; liability | FL733163003 | 1373.5 | 1444.2 | 1394.9 | 1455.3 | 1444.2 | 1432.1 | 1413.8 | 1405.9 | 1394.9 | 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 | FL503163005 | 657.2 | 634.4 | 669.7 | 636.1 | 634.4 | 652.9 | 669.5 | 669.4 | 669.7 | 10 |
| Rest of the world; bonds; liability (2) | LM263163005 | 2531.1 | 2943.0 | 3007.0 | 2798.2 | 2943.0 | 3038.9 | 3023.4 | 3029.3 | 3007.0 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FL893063005 | 12204.3 | 12994.2 | 12660.4 | 12912.2 | 12994.2 | 12884.2 | 12734.4 | 12760.3 | 12660.4 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | LM153063005 | 1024.8 | 927.5 | 1096.4 | 1001.5 | 927.5 | 945.9 | 967.4 | 926.5 | 1096.4 | 13 |
| Federal government; corporate bonds issued by commercial banking under TARP; asset | FL313063763 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 14 |
| State and local governments, excluding employee retirement funds; corporate and foreign bonds; asset | FL213063003 | 188.0 | 183.9 | 182.1 | 182.3 | 183.9 | 178.7 | 180.8 | 184.2 | 182.1 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | LM763063005 | 506.4 | 493.0 | 452.0 | 506.2 | 493.0 | 485.6 | 478.8 | 489.4 | 452.0 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | LM763063605 | 100.4 | 83.0 | 77.3 | 88.7 | 83.0 | 79.4 | 78.3 | 75.4 | 77.3 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | LM763063095 | 406.1 | 409.9 | 374.7 | 417.5 | 409.9 | 406.2 | 400.5 | 414.0 | 374.7 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | LM753063005 | 160.8 | 160.2 | 150.9 | 154.2 | 160.2 | 152.3 | 149.6 | 147.6 | 150.9 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | LM743063005 | 6.7 | 7.0 | 0.1 | 6.9 | 7.0 | 6.7 | 0.1 | 0.1 | 0.1 | 20 |
| Credit unions; corporate and foreign bonds; asset | LM473063005 | 11.5 | 10.7 | 10.7 | 10.8 | 10.7 | 10.9 | 10.6 | 9.9 | 10.7 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | LM473063605 | 11.3 | 10.4 | 10.3 | 10.5 | 10.4 | 10.6 | 10.3 | 9.6 | 10.3 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM473063095 | 0.2 | 0.3 | 0.5 | 0.2 | 0.3 | 0.3 | 0.4 | 0.3 | 0.5 | 23 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | LM513063005 | 470.3 | 482.2 | 467.4 | 474.2 | 482.2 | 470.9 | 468.9 | 466.2 | 467.4 | 24 |
| Property-casualty insurance companies; mortgage-backed securities and other asset-backed bonds, including those held by U.S. residual market reinsurers; asset | LM513063605 | 100.6 | 104.3 | 105.9 | 103.4 | 104.3 | 103.0 | 103.0 | 103.4 | 105.9 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM513063095 | 369.7 | 377.9 | 361.5 | 370.8 | 377.9 | 367.9 | 365.9 | 362.8 | 361.5 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 2583.3 | 2735.0 | 2614.8 | 2701.2 | 2735.0 | 2675.6 | 2646.4 | 2623.9 | 2614.8 | 27 |
| Life insurance companies, general accounts; mortgage-backed securities and other asset-backed bonds, including those held by U.S. captive reinsurers; asset | LM543063675 | 472.3 | 482.0 | 481.6 | 480.8 | 482.0 | 481.3 | 475.1 | 477.6 | 481.6 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM543063095 | 2111.0 | 2253.0 | 2133.2 | 2220.3 | 2253.0 | 2194.4 | 2171.3 | 2146.3 | 2133.2 | 29 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 715.4 | 743.8 | 728.5 | 737.5 | 743.8 | 725.8 | 718.8 | 730.8 | 728.5 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | LM343063005 | 13.5 | 14.1 | 12.8 | 14.0 | 14.1 | 13.6 | 13.4 | 13.5 | 12.8 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | LM223063045 | 514.5 | 546.4 | 582.1 | 534.3 | 546.4 | 573.5 | 556.8 | 571.6 | 582.1 | 32 |
| Money market funds; corporate and foreign bonds; asset | FL633063005 | 6.6 | 8.5 | 8.0 | 11.2 | 8.5 | 7.8 | 7.5 | 10.1 | 8.0 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | LM653063005 | 1861.9 | 2037.6 | 1984.2 | 2009.5 | 2037.6 | 2079.1 | 2090.1 | 2113.3 | 1984.2 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | LM553063003 | 71.4 | 74.2 | 73.1 | 74.9 | 74.2 | 73.1 | 72.9 | 73.9 | 73.1 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | LM563063003 | 309.6 | 403.6 | 420.3 | 389.4 | 403.6 | 402.1 | 410.2 | 424.5 | 420.3 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | FL403063005 | 41.1 | 24.1 | 17.8 | 26.6 | 24.1 | 23.8 | 21.7 | 20.8 | 17.8 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | FL403063605 | 36.4 | 19.8 | 13.8 | 22.3 | 19.8 | 19.6 | 17.6 | 16.9 | 13.8 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FL403063095 | 4.7 | 4.3 | 4.0 | 4.4 | 4.3 | 4.2 | 4.1 | 4.0 | 4.0 | 39 |
| Finance companies; corporate and foreign bonds; asset | LM613063003 | 73.1 | 63.8 | 59.9 | 64.4 | 63.8 | 62.7 | 60.0 | 61.4 | 59.9 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | FL643063005 | 40.2 | 42.3 | 50.0 | 41.8 | 42.3 | 43.1 | 45.2 | 49.9 | 50.0 | 41 |
| Security brokers and dealers; corporate and foreign bonds; asset | FL663063005 | 80.0 | 71.4 | 63.0 | 61.5 | 71.4 | 76.4 | 75.0 | 75.0 | 63.0 | 42 |
| Holding companies; corporate and foreign bonds; asset | LM733063003 | 23.9 | 17.7 | 21.1 | 15.6 | 17.7 | 17.9 | 18.2 | 17.9 | 21.1 | 43 |
| Funding corporations; corporate and foreign bonds, including financial stabilization programs; asset | FL503063005 | 69.0 | 72.6 | 73.2 | 73.3 | 72.6 | 72.6 | 71.9 | 72.7 | 73.2 | 44 |
| Rest of the world; corporate bonds; asset (4) | LM263063005 | 3431.7 | 3874.1 | 3591.2 | 3820.4 | 3874.1 | 3785.8 | 3669.4 | 3676.7 | 3591.2 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | LM263063603 | 364.1 | 370.2 | 360.2 | 371.6 | 370.2 | 364.5 | 363.0 | 362.1 | 360.2 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM263063095 | 3067.6 | 3503.8 | 3231.0 | 3448.8 | 3503.8 | 3421.3 | 3306.4 | 3314.5 | 3231.0 | 47 |
| Instrument discrepancies; corporate and foreign bonds (level) (5) | LM903063003 | 164.1 | 43.5 | 609.0 | 5.2 | 43.5 | 309.7 | 453.2 | 509.2 | 609.0 | 48 |
NOTES
- Liabilities net of assets.
- Holdings of foreign issues by U.S. residents.
- For some sectors, holdings 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.
- Holdings of U.S. issues by foreign residents.
- The accumulated valuation difference between issuance and holdings.
Last Update: March 7, 2019