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 | 2018 | 2019 | 2020 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FL893163005 | 13343.0 | 14062.2 | 15267.5 | 13955.5 | 14062.2 | 14129.5 | 14920.2 | 15059.6 | 15267.5 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FL103163003 | 5543.2 | 5800.1 | 6541.6 | 5800.7 | 5800.1 | 5988.5 | 6428.2 | 6514.7 | 6541.6 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FL793163005 | 4762.1 | 4910.4 | 5170.6 | 4907.7 | 4910.4 | 5072.5 | 5176.4 | 5131.1 | 5170.6 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FL763163005 | 160.0 | 141.3 | 167.4 | 141.0 | 141.3 | 152.9 | 157.8 | 161.9 | 167.4 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FL673163005 | 1068.0 | 1130.7 | 1149.5 | 1112.0 | 1130.7 | 1163.9 | 1147.9 | 1146.4 | 1149.5 | 5 |
| Finance companies; corporate and foreign bonds; liability | FL613163005 | 814.6 | 771.8 | 774.6 | 790.2 | 771.8 | 797.6 | 798.2 | 770.2 | 774.6 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FL643163005 | 470.0 | 539.3 | 585.9 | 521.4 | 539.3 | 529.4 | 566.3 | 574.4 | 585.9 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FL663163003 | 184.0 | 174.0 | 183.9 | 183.3 | 174.0 | 256.9 | 179.7 | 165.4 | 183.9 | 8 |
| Holding companies; corporate and foreign bonds; liability | FL733163003 | 1395.8 | 1439.9 | 1572.2 | 1464.2 | 1439.9 | 1532.8 | 1602.0 | 1565.5 | 1572.2 | 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 | 669.7 | 713.4 | 737.2 | 695.6 | 713.4 | 638.9 | 724.5 | 747.2 | 737.2 | 10 |
| Rest of the world; bonds; liability (2) | LM263163005 | 3037.7 | 3351.7 | 3555.3 | 3247.0 | 3351.7 | 3068.5 | 3315.7 | 3413.8 | 3555.3 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FL893063005 | 12735.0 | 14383.5 | 16187.5 | 14224.0 | 14383.5 | 13880.4 | 15554.3 | 15752.7 | 16187.5 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | LM153063005 | 1046.1 | 1186.2 | 1187.3 | 1115.9 | 1186.2 | 1294.7 | 1444.5 | 1230.2 | 1187.3 | 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; corporate and foreign bonds; asset | LM213063003 | 208.6 | 225.3 | 245.2 | 224.1 | 225.3 | 222.5 | 246.8 | 240.2 | 245.2 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | LM763063005 | 451.6 | 499.5 | 504.7 | 502.0 | 499.5 | 453.3 | 498.2 | 533.8 | 504.7 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | LM763063605 | 77.1 | 84.9 | 89.1 | 84.3 | 84.9 | 87.8 | 92.2 | 90.6 | 89.1 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | LM763063095 | 374.5 | 414.6 | 415.6 | 417.7 | 414.6 | 365.5 | 405.9 | 443.2 | 415.6 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | LM753063005 | 149.7 | 134.7 | 153.0 | 150.0 | 134.7 | 164.4 | 157.7 | 154.3 | 153.0 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | LM743063005 | 0.1 | 7.8 | 12.5 | 8.0 | 7.8 | 10.9 | 10.9 | 10.9 | 12.5 | 20 |
| Credit unions; corporate and foreign bonds; asset | LM473063005 | 10.4 | 12.6 | 16.2 | 12.3 | 12.6 | 14.6 | 15.5 | 16.0 | 16.2 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | LM473063605 | 9.9 | 12.1 | 15.7 | 11.8 | 12.1 | 14.1 | 14.9 | 15.4 | 15.7 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM473063095 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | 23 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | LM513063005 | 534.0 | 594.8 | 693.8 | 601.0 | 594.8 | 581.4 | 648.1 | 665.1 | 693.8 | 24 |
| Property-casualty insurance companies; mortgage-backed securities and other asset-backed bonds, including those held by U.S. residual market reinsurers; asset | LM513063605 | 122.8 | 138.8 | 162.7 | 139.8 | 138.8 | 135.7 | 151.3 | 155.2 | 162.7 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM513063095 | 411.3 | 456.0 | 531.1 | 461.2 | 456.0 | 445.7 | 496.9 | 509.9 | 531.1 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 2710.9 | 3171.4 | 3626.1 | 3147.3 | 3171.4 | 3088.8 | 3425.9 | 3512.3 | 3626.1 | 27 |
| Life insurance companies, general accounts; mortgage-backed securities and other asset-backed bonds, including those held by U.S. captive reinsurers; asset | LM543063675 | 498.8 | 561.3 | 639.6 | 561.4 | 561.3 | 543.5 | 601.4 | 614.8 | 639.6 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM543063095 | 2212.1 | 2610.1 | 2986.5 | 2586.0 | 2610.1 | 2545.3 | 2824.5 | 2897.5 | 2986.5 | 29 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 801.5 | 920.7 | 1037.7 | 898.2 | 920.7 | 876.1 | 969.3 | 990.2 | 1037.7 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | LM343063005 | 13.4 | 16.1 | 18.0 | 15.8 | 16.1 | 14.2 | 16.2 | 17.1 | 18.0 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | LM223063045 | 409.8 | 442.2 | 476.1 | 469.3 | 442.2 | 443.7 | 506.1 | 495.8 | 476.1 | 32 |
| Money market funds; corporate and foreign bonds; asset | FL633063005 | 7.5 | 18.5 | 12.6 | 16.1 | 18.5 | 13.8 | 12.7 | 16.3 | 12.6 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | LM653063005 | 2016.6 | 2287.6 | 2644.9 | 2266.5 | 2287.6 | 2114.6 | 2426.3 | 2538.5 | 2644.9 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | LM553063003 | 69.2 | 75.1 | 74.5 | 74.3 | 75.1 | 59.5 | 67.6 | 70.2 | 74.5 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | LM563063003 | 420.5 | 544.0 | 725.2 | 517.5 | 544.0 | 518.3 | 618.5 | 672.5 | 725.2 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | LM403063005 | 19.5 | 16.5 | 13.8 | 17.4 | 16.5 | 14.5 | 14.9 | 14.3 | 13.8 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | LM403063605 | 15.5 | 12.9 | 10.4 | 13.7 | 12.9 | 11.1 | 11.6 | 11.0 | 10.4 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM403063095 | 4.1 | 3.6 | 3.3 | 3.7 | 3.6 | 3.4 | 3.4 | 3.3 | 3.3 | 39 |
| Finance companies; corporate and foreign bonds; asset | LM613063003 | 55.3 | 60.0 | 72.8 | 56.7 | 60.0 | 58.8 | 68.2 | 70.9 | 72.8 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | LM643063005 | 50.8 | 52.2 | 28.8 | 48.9 | 52.2 | 35.8 | 31.8 | 27.9 | 28.8 | 41 |
| Security brokers and dealers; corporate and foreign bonds; asset | LM663063005 | 63.0 | 54.0 | 68.4 | 67.8 | 54.0 | 55.5 | 60.9 | 77.0 | 68.4 | 42 |
| Holding companies; corporate and foreign bonds; asset | LM733063003 | 21.0 | 28.9 | 27.3 | 29.9 | 28.9 | 27.3 | 32.5 | 26.2 | 27.3 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FL503063005 | 70.7 | 70.9 | 83.3 | 74.0 | 70.9 | 76.8 | 78.9 | 78.4 | 83.3 | 44 |
| Rest of the world; corporate bonds; asset (4) | LM263063005 | 3604.4 | 3964.0 | 4464.9 | 3910.4 | 3964.0 | 3740.5 | 4202.4 | 4294.1 | 4464.9 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | LM263063603 | 351.0 | 337.6 | 373.2 | 336.8 | 337.6 | 320.5 | 327.7 | 343.5 | 373.2 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM263063095 | 3253.4 | 3626.4 | 4091.7 | 3573.6 | 3626.4 | 3420.0 | 3874.7 | 3950.6 | 4091.7 | 47 |
| Instrument discrepancies; corporate and foreign bonds (level) (5) | LM903063003 | 607.9 | -321.2 | -920.0 | -268.6 | -321.2 | 249.1 | -634.1 | -693.1 | -920.0 | 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 11, 2021