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 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | 2019 Q1 | 2019 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FL893163005 | 12377.7 | 13098.2 | 13308.0 | 13206.8 | 13201.1 | 13298.6 | 13308.0 | 13518.1 | 13790.8 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FL103163003 | 5121.2 | 5399.2 | 5535.5 | 5457.8 | 5465.5 | 5507.5 | 5535.5 | 5619.7 | 5693.1 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FL793163005 | 4725.4 | 4717.0 | 4773.9 | 4720.5 | 4731.5 | 4767.7 | 4773.9 | 4813.6 | 4848.4 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FL763163005 | 182.7 | 147.7 | 160.0 | 158.2 | 161.2 | 166.2 | 160.0 | 154.0 | 151.3 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FL673163005 | 1150.6 | 1103.1 | 1080.1 | 1094.9 | 1094.8 | 1088.5 | 1080.1 | 1085.7 | 1074.6 | 5 |
| Finance companies; corporate and foreign bonds; liability | FL613163005 | 814.9 | 763.0 | 814.6 | 766.0 | 785.6 | 813.6 | 814.6 | 794.5 | 779.7 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FL643163005 | 417.3 | 439.0 | 469.8 | 440.7 | 439.2 | 448.3 | 469.8 | 482.2 | 500.1 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FL663163003 | 129.1 | 185.7 | 184.0 | 175.6 | 167.4 | 175.9 | 184.0 | 181.9 | 205.9 | 8 |
| Holding companies; corporate and foreign bonds; liability | FL733163003 | 1373.5 | 1444.2 | 1395.8 | 1432.1 | 1413.8 | 1405.9 | 1395.8 | 1435.0 | 1472.1 | 9 |
| Other financial business; 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 | 652.9 | 669.5 | 669.4 | 669.7 | 680.3 | 664.7 | 10 |
| Rest of the world; bonds; liability (2) | LM263163005 | 2531.1 | 2982.0 | 2998.6 | 3028.5 | 3004.1 | 3023.4 | 2998.6 | 3084.9 | 3249.3 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FL893063005 | 12319.3 | 13164.1 | 12751.1 | 13007.4 | 12844.2 | 12949.0 | 12751.1 | 13318.8 | 13895.3 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | LM153063005 | 1137.0 | 1079.3 | 1058.5 | 1056.2 | 1057.7 | 1011.1 | 1058.5 | 1036.6 | 1135.4 | 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 | 188.4 | 181.9 | 167.2 | 173.3 | 174.1 | 174.8 | 167.2 | 168.2 | 166.3 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | LM763063005 | 506.4 | 493.0 | 451.6 | 485.6 | 478.8 | 489.4 | 451.6 | 498.6 | 496.7 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | LM763063605 | 100.4 | 83.0 | 77.1 | 79.4 | 78.3 | 75.4 | 77.1 | 79.9 | 82.6 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | LM763063095 | 406.1 | 409.9 | 374.5 | 406.2 | 400.5 | 414.0 | 374.5 | 418.7 | 414.2 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | LM753063005 | 157.9 | 160.2 | 150.9 | 152.2 | 149.6 | 147.6 | 150.9 | 143.3 | 150.4 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | LM743063005 | 6.7 | 7.0 | 0.1 | 6.7 | 0.1 | 0.1 | 0.1 | 0.1 | 4.7 | 20 |
| Credit unions; corporate and foreign bonds; asset | LM473063005 | 11.5 | 10.7 | 10.4 | 10.9 | 10.6 | 9.9 | 10.4 | 11.7 | 12.0 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | LM473063605 | 11.3 | 10.4 | 9.9 | 10.6 | 10.3 | 9.6 | 9.9 | 11.2 | 11.5 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM473063095 | 0.2 | 0.3 | 0.5 | 0.3 | 0.4 | 0.3 | 0.5 | 0.5 | 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 | 534.0 | 476.7 | 489.8 | 512.3 | 534.0 | 566.6 | 596.7 | 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 | 122.8 | 104.4 | 108.9 | 115.4 | 122.8 | 130.3 | 137.2 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM513063095 | 369.7 | 377.9 | 411.3 | 372.3 | 380.9 | 396.9 | 411.3 | 436.4 | 459.5 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 2583.3 | 2735.0 | 2710.9 | 2681.4 | 2654.7 | 2675.3 | 2710.9 | 2853.5 | 2990.9 | 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 | 498.8 | 476.5 | 477.8 | 488.2 | 498.8 | 525.9 | 550.8 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM543063095 | 2111.0 | 2253.0 | 2212.1 | 2204.9 | 2176.9 | 2187.1 | 2212.1 | 2327.6 | 2440.1 | 29 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 720.3 | 803.8 | 835.4 | 798.7 | 805.8 | 829.7 | 835.4 | 885.8 | 931.7 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | LM343063005 | 13.5 | 14.2 | 13.4 | 13.6 | 13.5 | 13.5 | 13.4 | 14.3 | 15.1 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | LM223063045 | 514.9 | 498.8 | 415.3 | 502.4 | 462.1 | 471.8 | 415.3 | 436.8 | 434.5 | 32 |
| Money market funds; corporate and foreign bonds; asset | FL633063005 | 6.6 | 8.5 | 7.5 | 7.8 | 7.5 | 10.1 | 7.5 | 8.7 | 11.7 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | LM653063005 | 1861.9 | 2037.6 | 2016.6 | 2079.1 | 2090.1 | 2113.3 | 2016.6 | 2131.0 | 2223.6 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | LM553063003 | 71.4 | 74.2 | 68.9 | 73.4 | 73.1 | 74.2 | 68.9 | 73.0 | 74.5 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | LM563063003 | 309.6 | 403.6 | 420.5 | 402.1 | 410.2 | 424.5 | 420.5 | 460.7 | 488.7 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | FL403063005 | 41.1 | 24.1 | 18.1 | 23.8 | 21.7 | 20.8 | 18.1 | 17.6 | 17.1 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | FL403063605 | 36.4 | 19.8 | 14.3 | 19.6 | 17.6 | 16.9 | 14.3 | 13.9 | 13.4 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FL403063095 | 4.7 | 4.3 | 3.9 | 4.2 | 4.1 | 4.0 | 3.9 | 3.8 | 3.7 | 39 |
| Finance companies; corporate and foreign bonds; asset | LM613063003 | 73.1 | 63.8 | 55.3 | 62.7 | 60.0 | 61.4 | 55.3 | 54.1 | 53.1 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | FL643063005 | 40.2 | 42.3 | 51.6 | 45.5 | 47.6 | 52.4 | 51.6 | 48.9 | 48.7 | 41 |
| Security brokers and dealers; corporate and foreign bonds; asset | FL663063005 | 80.0 | 71.4 | 63.0 | 76.4 | 75.0 | 75.0 | 63.0 | 60.6 | 56.2 | 42 |
| Holding companies; corporate and foreign bonds; asset | LM733063003 | 23.9 | 17.7 | 21.0 | 17.9 | 18.2 | 17.9 | 21.0 | 22.6 | 27.2 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FL503063005 | 69.0 | 72.6 | 70.7 | 72.6 | 71.9 | 72.7 | 70.7 | 72.3 | 73.1 | 44 |
| Rest of the world; corporate bonds; asset (4) | LM263063005 | 3431.7 | 3881.7 | 3609.8 | 3787.9 | 3671.5 | 3690.7 | 3609.8 | 3753.6 | 3886.5 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | LM263063603 | 364.1 | 370.4 | 360.6 | 364.8 | 363.4 | 362.5 | 360.6 | 357.3 | 356.7 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM263063095 | 3067.6 | 3511.3 | 3249.2 | 3423.0 | 3308.1 | 3328.2 | 3249.2 | 3396.2 | 3529.8 | 47 |
| Instrument discrepancies; corporate and foreign bonds (level) (5) | LM903063003 | 58.4 | -65.9 | 556.9 | 199.4 | 356.9 | 349.5 | 556.9 | 199.4 | -104.5 | 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: September 20, 2019