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 | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FA893163005 | 369.9 | 479.3 | 355.9 | 656.6 | 625.2 | 279.3 | 773.8 | 2497.9 | 90.7 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 154.5 | 248.2 | 362.7 | 317.3 | 378.0 | -65.3 | 698.4 | 1699.4 | 320.9 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FA793163005 | 76.3 | 156.8 | 209.6 | 177.5 | 232.8 | 7.3 | 683.0 | 440.6 | -208.7 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FA763163005 | 12.3 | -18.7 | -23.9 | -10.7 | -41.2 | 1.1 | 46.5 | 18.7 | -21.2 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FA673163005 | -3.8 | 73.1 | 71.3 | 13.6 | 140.5 | 67.2 | 167.8 | -38.8 | 12.6 | 5 |
| Finance companies; corporate and foreign bonds; liability | FA613163005 | 51.6 | -42.7 | -80.2 | -60.0 | 43.0 | -73.6 | 103.1 | 2.3 | -111.9 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FA643163005 | 31.0 | 70.3 | 51.6 | 78.1 | 75.6 | 76.1 | -39.9 | 147.7 | 24.6 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FA663163003 | -1.7 | -10.0 | -8.5 | 95.9 | -90.1 | -37.4 | 331.7 | -308.7 | -57.2 | 8 |
| Holding companies; corporate and foreign bonds; liability | FA733163003 | -48.4 | 41.0 | 157.1 | 122.9 | -18.7 | -97.2 | 371.8 | 277.0 | -146.5 | 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 | 35.3 | 43.7 | 42.1 | -62.2 | 123.8 | 71.1 | -298.0 | 342.4 | 90.8 | 10 |
| Rest of the world; bonds; liability (2) | FA263163005 | 139.0 | 74.3 | -216.3 | 161.8 | 14.5 | 337.4 | -607.6 | 357.9 | -21.6 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FA893063005 | 369.9 | 479.3 | 355.9 | 656.6 | 625.2 | 279.3 | 773.8 | 2497.9 | 90.7 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | FA153063005 | 84.4 | -4.5 | -409.1 | 562.2 | -184.7 | 13.5 | 508.8 | 457.6 | -1184.1 | 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; corporate and foreign bonds; asset | FA213063003 | 15.1 | -8.4 | 9.1 | -20.4 | -23.7 | 1.3 | 55.9 | 37.1 | 21.8 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | FA763063005 | -37.9 | 44.1 | 177.9 | -15.6 | 20.6 | -6.5 | -134.3 | 134.5 | 131.9 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | FA763063605 | -5.2 | 6.3 | 7.6 | 6.2 | 7.1 | 4.3 | 22.7 | 6.9 | -7.8 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | FA763063095 | -32.7 | 37.8 | 170.3 | -21.8 | 13.4 | -10.7 | -157.0 | 127.6 | 139.7 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | FA753063005 | -0.6 | -29.1 | -50.2 | 9.4 | -13.1 | -62.6 | 145.9 | -85.4 | -15.8 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | FA743063005 | -0.1 | 7.7 | 0.0 | 18.7 | 12.9 | -0.9 | 13.9 | -4.0 | -0.2 | 20 |
| Credit unions; corporate and foreign bonds; asset | FA473063005 | 0.4 | 1.1 | 3.5 | -0.6 | 0.5 | 1.0 | 10.6 | -1.7 | 1.7 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | FA473063605 | 0.2 | 1.2 | 3.5 | -0.4 | 0.4 | 1.2 | 10.2 | -1.5 | 1.5 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA473063095 | 0.2 | -0.0 | 0.0 | -0.2 | 0.1 | -0.1 | 0.4 | -0.1 | 0.2 | 23 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | FA513063005 | 56.6 | 34.7 | 42.7 | 44.9 | 54.2 | -2.9 | 66.4 | 59.4 | 57.2 | 24 |
| Property-casualty insurance companies; mortgage-backed securities and other asset-backed bonds, including those held by U.S. residual market reinsurers; asset | FA513063605 | 12.9 | 8.0 | 9.8 | 10.3 | 12.5 | -0.7 | 15.5 | 13.9 | 13.4 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA513063095 | 43.7 | 26.7 | 32.9 | 34.6 | 41.7 | -2.2 | 50.9 | 45.5 | 43.9 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | FA543063005 | 123.7 | 137.6 | 154.0 | 186.6 | 186.5 | 23.4 | 316.2 | 232.2 | 287.8 | 27 |
| Life insurance companies, general accounts; mortgage-backed securities and other asset-backed bonds, including those held by U.S. captive reinsurers; asset | FA543063675 | 23.1 | 23.4 | 26.5 | 29.8 | 28.6 | 8.9 | 42.2 | 37.6 | 43.4 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA543063095 | 100.5 | 114.2 | 127.5 | 156.9 | 157.9 | 14.5 | 274.0 | 194.7 | 244.4 | 29 |
| Private pension funds; corporate and foreign bonds; asset | FA573063005 | 48.6 | 39.6 | 61.2 | -80.3 | 94.9 | 82.6 | 7.3 | 114.5 | 74.3 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | FA343063005 | 0.2 | 1.3 | 1.3 | 1.2 | 1.6 | 1.2 | -4.5 | 3.1 | 3.5 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | -7.5 | -49.8 | -23.9 | -289.6 | 223.2 | -109.1 | 32.3 | 41.2 | 46.9 | 32 |
| Money market funds; corporate and foreign bonds; asset | FA633063005 | -1.1 | 11.0 | 4.8 | 12.1 | 17.6 | 9.6 | -19.0 | -4.2 | 14.4 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | FA653063005 | 115.2 | 64.0 | 113.3 | 73.2 | 4.5 | 65.0 | -82.3 | 480.7 | 383.1 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | FA553063003 | 0.5 | 2.0 | 3.0 | 2.5 | 1.9 | 0.7 | 6.1 | -1.3 | -0.6 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | FA563063003 | 33.6 | 93.7 | 93.9 | 73.4 | 95.5 | 111.9 | -42.4 | 295.1 | 194.8 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | FA403063005 | -6.0 | -2.7 | -2.0 | -2.8 | -3.0 | -2.9 | -4.5 | 0.1 | -2.9 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | FA403063605 | -5.6 | -2.3 | -1.6 | -2.5 | -2.6 | -2.5 | -4.1 | 0.5 | -2.6 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA403063095 | -0.4 | -0.4 | -0.4 | -0.3 | -0.4 | -0.4 | -0.3 | -0.3 | -0.3 | 39 |
| Finance companies; corporate and foreign bonds; asset | FA613063003 | -4.5 | -0.5 | -13.9 | -11.0 | 10.4 | 12.5 | 7.4 | 16.4 | 9.8 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | FA643063005 | 8.5 | 1.3 | -6.3 | 1.2 | -2.5 | 12.6 | -63.6 | -16.3 | -15.7 | 41 |
| Security brokers and dealers; corporate and foreign bonds; asset | FA663063005 | 0.5 | -22.0 | -31.9 | -35.6 | 36.0 | -56.6 | 34.4 | -32.0 | 61.8 | 42 |
| Holding companies; corporate and foreign bonds; asset | FA733063003 | 4.5 | 5.0 | 3.0 | 12.8 | 8.3 | -4.0 | -0.6 | 11.3 | -26.1 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FA503063005 | -1.9 | 0.2 | 6.1 | 3.5 | 3.5 | -12.4 | 31.9 | 1.8 | -1.5 | 44 |
| Rest of the world; corporate bonds; asset (4) | FA263063005 | -62.2 | 153.1 | 219.4 | 110.9 | 80.1 | 201.8 | -112.0 | 757.9 | 48.5 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | FA263063603 | -2.7 | -1.9 | -7.0 | 3.9 | -12.2 | 7.9 | -32.7 | -12.0 | 53.5 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA263063095 | -59.6 | 154.9 | 226.4 | 107.0 | 92.3 | 193.9 | -79.3 | 769.9 | -5.0 | 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 10, 2020