Financial Accounts of the United States - Z.1
L.212 Municipal Securities
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2016 | 2017 | 2018 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | 2019 Q1 | 2019 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Domestic nonfinancial sectors; municipal securities; liability | FL383162005 | 3871.7 | 3885.3 | 3826.2 | 3864.6 | 3866.5 | 3837.2 | 3826.2 | 3824.3 | 3809.7 | 1 |
| State and local governments, excluding employee retirement funds; municipal securities; liability | FL213162005 | 3102.3 | 3100.2 | 3047.7 | 3081.0 | 3080.6 | 3060.1 | 3047.7 | 3044.1 | 3026.6 | 2 |
| State and local governments, excluding employee retirement funds; short-term municipal securities; liability (1) | FL213162400 | 30.3 | 35.0 | 38.1 | 36.1 | 31.7 | 37.3 | 38.1 | 39.1 | 36.4 | 3 |
| State and local governments, excluding employee retirement funds; long-term municipal securities; liability | FL213162200 | 3072.0 | 3065.2 | 3009.6 | 3044.9 | 3048.9 | 3022.7 | 3009.6 | 3005.0 | 2990.1 | 4 |
| Nonprofit organizations; municipal securities; liability (2) | FL163162003 | 216.6 | 218.4 | 216.2 | 219.9 | 219.7 | 216.6 | 216.2 | 215.1 | 214.2 | 5 |
| Nonfinancial corporate business; municipal securities; liability | FL103162000 | 552.8 | 566.7 | 562.3 | 563.6 | 566.2 | 560.5 | 562.3 | 565.1 | 568.9 | 6 |
| All sectors; municipal securities; asset | FL893062005 | 4019.8 | 4111.5 | 3964.4 | 4021.8 | 4028.9 | 3963.6 | 3964.4 | 4035.1 | 4072.6 | 7 |
| Households and nonprofit organizations; municipal securities; asset | LM153062005 | 1870.0 | 1879.8 | 1852.5 | 1815.8 | 1854.1 | 1823.7 | 1852.5 | 1886.6 | 1892.6 | 8 |
| Nonfinancial corporate business; municipal securities; asset | LM103062003 | 19.3 | 17.2 | 16.6 | 16.9 | 16.9 | 16.6 | 16.6 | 16.9 | 17.1 | 9 |
| Nonfinancial noncorporate business; municipal securities; asset | FL113062003 | 5.1 | 5.5 | 6.0 | 5.6 | 5.7 | 5.8 | 6.0 | 6.1 | 6.2 | 10 |
| State and local governments, excluding employee retirement funds; municipal securities; asset | FL213062003 | 15.2 | 14.7 | 13.5 | 14.0 | 14.0 | 14.1 | 13.5 | 13.6 | 13.4 | 11 |
| U.S.-chartered depository institutions; municipal securities; asset | LM763062000 | 544.9 | 572.6 | 498.8 | 555.7 | 519.1 | 502.2 | 498.8 | 491.1 | 476.4 | 12 |
| Foreign banking offices in the U.S.; municipal securities; asset | LM753062003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 13 |
| Banks in U.S.-affiliated areas; municipal securities; asset | LM743062003 | 1.7 | 1.3 | 1.2 | 1.3 | 1.3 | 1.2 | 1.2 | 1.2 | 1.2 | 14 |
| Credit unions; municipal securities; asset | LM473062005 | 5.1 | 5.1 | 4.8 | 4.8 | 4.9 | 4.4 | 4.8 | 4.8 | 4.8 | 15 |
| Property-casualty insurance companies; municipal securities, including those held by U.S. residual market reinsurers; asset | LM513062005 | 350.7 | 338.9 | 291.6 | 333.1 | 327.2 | 316.0 | 291.6 | 296.8 | 298.6 | 16 |
| Life insurance companies; municipal securities; asset | LM543062005 | 185.2 | 197.8 | 190.0 | 198.3 | 196.5 | 194.4 | 190.0 | 193.7 | 195.5 | 17 |
| Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset | LM343062033 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 18 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | LM223062043 | 2.6 | 3.4 | 4.1 | 3.7 | 4.1 | 3.4 | 4.1 | 3.2 | 3.1 | 19 |
| Money market funds; municipal securities; asset | FL633062000 | 154.3 | 134.4 | 142.8 | 131.8 | 135.7 | 131.0 | 142.8 | 135.0 | 135.8 | 20 |
| Mutual funds; municipal securities; asset (market value) | LM653062003 | 632.2 | 688.1 | 693.6 | 690.4 | 698.7 | 701.9 | 693.6 | 737.2 | 772.7 | 21 |
| Closed-end funds; municipal securities; asset | LM553062003 | 87.7 | 89.8 | 87.0 | 88.1 | 89.4 | 87.7 | 87.0 | 88.9 | 89.8 | 22 |
| Exchange-traded funds; municipal securities; asset | LM563062003 | 24.7 | 30.4 | 36.5 | 30.7 | 32.8 | 33.0 | 36.5 | 38.4 | 41.5 | 23 |
| Government-sponsored enterprises; municipal securities and Sallie Mae public academic facilities financing and Sallie Mae public warehousing advances; asset | FL403062005 | 5.8 | 4.6 | 3.9 | 4.4 | 4.4 | 4.0 | 3.9 | 3.8 | 3.6 | 24 |
| Security brokers and dealers; municipal securities; asset | FL663062003 | 21.0 | 26.7 | 20.7 | 25.8 | 23.2 | 22.1 | 20.7 | 16.4 | 18.4 | 25 |
| Rest of the world; municipal securities; asset | FL263062003 | 94.2 | 101.3 | 100.8 | 101.3 | 101.0 | 102.0 | 100.8 | 101.2 | 102.0 | 26 |
| Instrument discrepancies; municipal securities (level) (3) | LM903062003 | -148.1 | -226.2 | -138.2 | -157.2 | -162.5 | -126.4 | -138.2 | -210.8 | -262.9 | 27 |
NOTES
- Debt with original maturity of 13 months or less.
- Liability of the households and nonprofit organizations sector (tables L.101 and B.101).
- The accumulated valuation difference between issuance and holdings.
Last Update: September 20, 2019