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 | 2017 | 2018 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | 2019 Q1 | 2019 Q2 | 2019 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FA893163005 | 600.7 | 325.0 | 549.7 | 300.1 | 424.6 | 25.7 | 411.6 | 625.8 | 747.5 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 280.3 | 134.1 | 234.3 | 27.5 | 163.0 | 111.4 | 366.9 | 303.1 | 380.9 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FA793163005 | 28.2 | 76.0 | 43.5 | 93.0 | 132.7 | 34.9 | 192.4 | 158.2 | 166.1 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FA763163005 | -35.0 | 12.3 | 42.1 | 12.0 | 19.9 | -25.0 | -23.9 | -10.7 | -41.7 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FA673163005 | -32.3 | -3.8 | -3.2 | 48.5 | -36.9 | -23.6 | 53.7 | 5.2 | 100.4 | 5 |
| Finance companies; corporate and foreign bonds; liability | FA613163005 | -51.9 | 51.6 | 12.3 | 78.2 | 112.1 | 3.9 | -80.2 | -82.0 | 23.5 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FA643163005 | 21.6 | 30.7 | 6.9 | -6.0 | 35.6 | 86.4 | 52.0 | 73.4 | 69.0 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FA663163003 | 56.5 | -1.7 | -40.3 | -33.0 | 34.2 | 32.4 | -8.5 | 95.9 | -90.1 | 8 |
| Holding companies; corporate and foreign bonds; liability | FA733163003 | 92.2 | -48.4 | -48.4 | -73.3 | -31.6 | -40.4 | 157.1 | 138.5 | -18.7 | 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 | FA503163005 | -22.9 | 35.3 | 74.0 | 66.6 | -0.5 | 1.3 | 42.1 | -62.2 | 123.8 | 10 |
| Rest of the world; bonds; liability (2) | FA263163005 | 292.3 | 114.9 | 271.9 | 179.6 | 128.8 | -120.6 | -147.6 | 164.5 | 200.6 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FA893063005 | 600.7 | 325.0 | 549.7 | 300.1 | 424.6 | 25.7 | 411.6 | 625.8 | 747.5 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | FA153063005 | -34.1 | -4.6 | -168.8 | -24.7 | -243.9 | 418.9 | -227.0 | 21.7 | -107.6 | 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 | 1.7 | -14.7 | -34.3 | 3.0 | 2.9 | -30.4 | 3.9 | -4.1 | -4.9 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | FA763063005 | -16.1 | -37.9 | -24.9 | -26.4 | 46.1 | -146.3 | 178.5 | -15.4 | 23.9 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | FA763063605 | -18.8 | -5.2 | -12.7 | -3.7 | -11.4 | 7.0 | 8.1 | 6.5 | 10.5 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | FA763063095 | 2.7 | -32.7 | -12.3 | -22.8 | 57.5 | -153.3 | 170.3 | -21.9 | 13.4 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | FA753063005 | -0.5 | -0.6 | -10.8 | 0.3 | -7.9 | 16.0 | -50.3 | 9.4 | -13.1 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | FA743063005 | 0.2 | -0.1 | -0.1 | -0.2 | 0.0 | 0.0 | 0.0 | 18.7 | 12.9 | 20 |
| Credit unions; corporate and foreign bonds; asset | FA473063005 | -1.0 | 0.4 | 2.2 | -0.2 | -3.0 | 2.5 | 3.5 | -0.6 | 0.5 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | FA473063605 | -1.1 | 0.2 | 2.1 | -0.4 | -2.8 | 2.0 | 3.5 | -0.4 | 0.4 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA473063095 | 0.1 | 0.2 | 0.2 | 0.2 | -0.2 | 0.5 | 0.0 | -0.2 | 0.1 | 23 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | FA513063005 | 12.2 | 56.7 | 19.8 | 69.4 | 62.8 | 74.7 | 42.7 | 44.9 | 54.2 | 24 |
| Property-casualty insurance companies; mortgage-backed securities and other asset-backed bonds, including those held by U.S. residual market reinsurers; asset | FA513063605 | 2.5 | 13.0 | 4.2 | 15.9 | 14.4 | 17.3 | 9.8 | 10.3 | 12.5 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA513063095 | 9.7 | 43.7 | 15.6 | 53.5 | 48.5 | 57.3 | 32.9 | 34.6 | 41.7 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | FA543063005 | 73.6 | 123.7 | 96.2 | 109.5 | 84.9 | 204.0 | 119.7 | 165.3 | 163.7 | 27 |
| Life insurance companies, general accounts; mortgage-backed securities and other asset-backed bonds, including those held by U.S. captive reinsurers; asset | FA543063675 | 2.2 | 23.1 | 15.9 | 21.4 | 18.2 | 37.1 | 26.5 | 29.8 | 28.6 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA543063095 | 71.4 | 100.5 | 80.3 | 88.1 | 66.7 | 167.0 | 93.2 | 135.6 | 135.1 | 29 |
| Private pension funds; corporate and foreign bonds; asset | FA573063005 | 70.0 | 83.0 | 85.2 | 91.6 | 96.6 | 58.5 | 64.4 | 60.0 | 46.1 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | FA343063005 | 0.5 | 0.1 | -0.2 | 0.4 | 0.3 | 0.2 | 1.3 | 1.1 | 1.0 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | -25.4 | -2.0 | 79.7 | -121.2 | 39.4 | -5.8 | 17.8 | 46.9 | 54.6 | 32 |
| Money market funds; corporate and foreign bonds; asset | FA633063005 | 1.9 | -1.1 | -2.8 | -1.2 | 10.3 | -10.6 | 4.8 | 12.1 | 17.6 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | FA653063005 | 139.4 | 115.2 | 443.0 | 215.0 | 95.0 | -292.2 | 113.3 | 73.2 | 146.7 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | FA553063003 | 0.9 | 0.5 | 0.1 | 0.2 | 0.4 | 1.2 | 3.0 | 2.5 | 1.0 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | FA563063003 | 89.3 | 33.6 | 20.4 | 51.8 | 57.8 | 4.5 | 93.9 | 73.4 | 95.5 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | FA403063005 | -17.0 | -6.0 | -1.4 | -8.3 | -3.4 | -10.9 | -2.0 | -2.8 | -3.0 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | FA403063605 | -16.6 | -5.6 | -0.9 | -7.9 | -3.0 | -10.5 | -1.6 | -2.5 | -2.6 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA403063095 | -0.5 | -0.4 | -0.4 | -0.4 | -0.5 | -0.4 | -0.4 | -0.3 | -0.4 | 39 |
| Finance companies; corporate and foreign bonds; asset | FA613063003 | -10.6 | -4.5 | 3.9 | -5.8 | 5.6 | -21.7 | -13.9 | -11.0 | -2.6 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | FA643063005 | 2.1 | 9.3 | 12.8 | 8.5 | 19.1 | -3.3 | -11.0 | -0.8 | -3.7 | 41 |
| Security brokers and dealers; corporate and foreign bonds; asset | FA663063005 | -8.6 | -8.4 | 20.0 | -5.4 | -0.1 | -48.1 | -9.5 | -17.4 | 46.3 | 42 |
| Holding companies; corporate and foreign bonds; asset | FA733063003 | -2.7 | 4.5 | 3.3 | 2.8 | -1.3 | 13.2 | 3.0 | 12.8 | 8.3 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FA503063005 | 3.6 | -1.9 | -0.3 | -2.6 | 3.2 | -8.0 | 6.1 | 3.5 | 3.5 | 44 |
| Rest of the world; corporate bonds; asset (4) | FA263063005 | 321.5 | -20.2 | 6.7 | -56.5 | 159.8 | -190.7 | 69.5 | 132.4 | 206.6 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | FA263063603 | -10.5 | -8.5 | -17.4 | -5.7 | -3.4 | -7.7 | -17.5 | -6.6 | -23.4 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA263063095 | 332.0 | -11.7 | 24.0 | -50.7 | 163.1 | -183.0 | 87.0 | 139.1 | 230.0 | 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: December 12, 2019