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 | 2017 | 2018 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FL893163005 | 13048.2 | 13315.6 | 14037.2 | 15282.1 | 14121.0 | 14907.5 | 15047.5 | 15282.1 | 15400.8 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FL103163003 | 5395.4 | 5543.8 | 5801.4 | 6542.4 | 5991.2 | 6428.9 | 6515.1 | 6542.4 | 6661.3 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FL793163005 | 4670.8 | 4734.0 | 4884.2 | 5150.6 | 5061.3 | 5163.0 | 5119.6 | 5150.6 | 5124.5 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FL763163005 | 147.7 | 160.0 | 141.3 | 170.5 | 152.9 | 157.8 | 161.9 | 170.5 | 175.4 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FL673163005 | 1056.9 | 1040.0 | 1104.4 | 1132.9 | 1152.3 | 1134.5 | 1130.9 | 1132.9 | 1135.1 | 5 |
| Finance companies; corporate and foreign bonds; liability | FL613163005 | 763.0 | 814.6 | 771.8 | 773.4 | 797.6 | 798.2 | 774.0 | 773.4 | 764.3 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FL643163005 | 439.0 | 470.0 | 539.3 | 580.5 | 529.9 | 566.3 | 574.7 | 580.5 | 587.8 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FL663163003 | 185.7 | 184.0 | 174.0 | 183.9 | 256.9 | 179.7 | 165.4 | 183.9 | 196.3 | 8 |
| Holding companies; corporate and foreign bonds; liability | FL733163003 | 1444.2 | 1395.8 | 1439.9 | 1572.3 | 1532.8 | 1602.0 | 1565.5 | 1572.3 | 1532.5 | 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 | FL503163005 | 634.4 | 669.7 | 713.4 | 737.2 | 638.9 | 724.5 | 747.2 | 737.2 | 733.1 | 10 |
| Rest of the world; bonds; liability (2) | LM263163005 | 2982.0 | 3037.7 | 3351.7 | 3589.1 | 3068.5 | 3315.7 | 3412.7 | 3589.1 | 3615.0 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FL893063005 | 13139.6 | 12716.2 | 14359.6 | 16165.0 | 13870.0 | 15523.2 | 15713.4 | 16165.0 | 15643.7 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | LM153063005 | 962.8 | 970.5 | 1089.9 | 1228.1 | 1197.4 | 1380.5 | 1180.6 | 1228.1 | 1111.2 | 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 | 207.2 | 208.6 | 224.4 | 244.3 | 221.7 | 246.0 | 239.4 | 244.3 | 239.8 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | LM763063005 | 493.0 | 451.6 | 499.5 | 504.8 | 453.3 | 498.2 | 533.8 | 504.8 | 624.9 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | LM763063605 | 83.0 | 77.1 | 84.9 | 89.2 | 87.8 | 92.2 | 90.6 | 89.2 | 93.8 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | LM763063095 | 409.9 | 374.5 | 414.6 | 415.6 | 365.5 | 405.9 | 443.2 | 415.6 | 531.1 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | LM753063005 | 160.2 | 149.7 | 134.7 | 153.0 | 164.4 | 157.7 | 154.3 | 153.0 | 146.3 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | LM743063005 | 7.0 | 0.1 | 7.8 | 12.5 | 10.9 | 10.9 | 10.9 | 12.5 | 11.8 | 20 |
| Credit unions; corporate and foreign bonds; asset | LM473063005 | 10.7 | 10.4 | 12.6 | 16.2 | 14.6 | 15.5 | 16.0 | 16.2 | 18.5 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | LM473063605 | 10.4 | 9.9 | 12.1 | 15.7 | 14.1 | 14.9 | 15.4 | 15.7 | 17.9 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM473063095 | 0.3 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0.6 | 0.6 | 0.7 | 23 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | LM513063005 | 482.2 | 534.0 | 594.8 | 660.6 | 577.4 | 636.3 | 646.8 | 660.6 | 637.9 | 24 |
| Property-casualty insurance companies; mortgage-backed securities and other asset-backed bonds, including those held by U.S. residual market reinsurers; asset | LM513063605 | 104.3 | 122.8 | 138.8 | 154.2 | 134.8 | 148.5 | 151.0 | 154.2 | 148.6 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM513063095 | 377.9 | 411.3 | 456.0 | 506.5 | 442.6 | 487.8 | 495.8 | 506.5 | 489.3 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 2740.5 | 2717.5 | 3175.5 | 3556.2 | 3080.7 | 3383.2 | 3457.2 | 3556.2 | 3385.0 | 27 |
| Life insurance companies, general accounts; mortgage-backed securities and other asset-backed bonds, including those held by U.S. captive reinsurers; asset | LM543063675 | 482.0 | 498.8 | 561.3 | 625.3 | 541.9 | 595.6 | 606.5 | 625.3 | 596.6 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM543063095 | 2258.5 | 2218.7 | 2614.2 | 2930.9 | 2538.9 | 2787.6 | 2850.8 | 2930.9 | 2788.4 | 29 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 803.8 | 801.5 | 920.7 | 1045.4 | 882.9 | 976.8 | 997.8 | 1045.4 | 991.3 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | LM343063005 | 14.1 | 13.2 | 15.6 | 17.3 | 13.7 | 15.6 | 16.5 | 17.3 | 16.5 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | LM223063045 | 498.8 | 409.8 | 444.4 | 480.4 | 443.6 | 497.3 | 488.2 | 480.4 | 441.7 | 32 |
| Money market funds; corporate and foreign bonds; asset | FL633063005 | 8.5 | 7.5 | 18.5 | 12.6 | 13.8 | 12.7 | 16.3 | 12.6 | 12.5 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | LM653063005 | 2064.2 | 2032.0 | 2317.5 | 2692.1 | 2171.0 | 2479.6 | 2589.9 | 2692.1 | 2616.0 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | LM553063003 | 74.3 | 69.2 | 75.1 | 77.9 | 59.5 | 67.6 | 70.3 | 77.9 | 78.3 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | LM563063003 | 403.6 | 420.5 | 544.0 | 724.6 | 518.3 | 618.5 | 672.5 | 724.6 | 731.3 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | LM403063005 | 26.8 | 19.5 | 16.5 | 13.5 | 14.5 | 14.9 | 14.3 | 13.5 | 13.0 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | LM403063605 | 22.3 | 15.5 | 12.9 | 10.2 | 11.1 | 11.6 | 11.0 | 10.2 | 9.8 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM403063095 | 4.5 | 4.1 | 3.6 | 3.3 | 3.4 | 3.4 | 3.3 | 3.3 | 3.2 | 39 |
| Finance companies; corporate and foreign bonds; asset | LM613063003 | 63.8 | 55.3 | 60.0 | 73.6 | 58.8 | 68.2 | 69.9 | 73.6 | 70.8 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | LM643063005 | 42.3 | 50.8 | 52.2 | 28.0 | 35.8 | 31.8 | 27.9 | 28.0 | 25.9 | 41 |
| Security brokers and dealers; corporate and foreign bonds; asset | LM663063005 | 103.5 | 98.0 | 91.6 | 104.6 | 92.8 | 97.6 | 111.3 | 104.6 | 111.6 | 42 |
| Holding companies; corporate and foreign bonds; asset | LM733063003 | 17.7 | 21.0 | 28.9 | 27.3 | 27.3 | 32.5 | 26.2 | 27.3 | 30.9 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FL503063005 | 72.6 | 70.7 | 70.9 | 83.3 | 76.8 | 78.9 | 78.4 | 83.3 | 83.9 | 44 |
| Rest of the world; corporate bonds; asset (4) | LM263063005 | 3881.7 | 3604.4 | 3964.0 | 4408.2 | 3740.5 | 4202.4 | 4294.3 | 4408.2 | 4244.2 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | LM263063603 | 369.6 | 351.2 | 338.8 | 374.3 | 322.2 | 329.8 | 345.2 | 374.3 | 392.6 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM263063095 | 3512.2 | 3253.2 | 3625.2 | 4033.9 | 3418.3 | 3872.6 | 3949.1 | 4033.9 | 3851.5 | 47 |
| Instrument discrepancies; corporate and foreign bonds (level) (5) | LM903063003 | -91.4 | 599.3 | -322.3 | -882.9 | 251.0 | -615.6 | -665.9 | -882.9 | -242.9 | 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: June 10, 2021