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 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FA893163005 | 398.7 | 923.7 | 975.6 | 2192.9 | -11.8 | 538.3 | 1013.2 | 717.2 | 940.4 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 257.0 | 675.5 | 731.1 | 1748.1 | 241.9 | -19.0 | 427.9 | 74.4 | 307.9 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FA793163005 | 113.6 | 252.6 | 1046.0 | 84.4 | -270.2 | 150.4 | -72.8 | 597.6 | 28.0 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FA763163005 | -18.7 | 30.5 | 46.5 | 19.3 | 16.6 | 39.4 | 22.6 | -0.1 | -15.2 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FA673163005 | 74.8 | 36.9 | 230.7 | -47.2 | -20.3 | -15.7 | 66.9 | 132.1 | 144.9 | 5 |
| Finance companies; corporate and foreign bonds; liability | FA613163005 | -42.7 | 1.5 | 103.1 | 2.3 | -96.9 | -2.4 | -79.6 | 18.5 | -137.6 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FA643163005 | 69.3 | 41.4 | -37.8 | 142.0 | 33.7 | 27.8 | 26.2 | 99.7 | 22.5 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FA663163003 | -10.1 | 10.0 | 332.0 | -308.7 | -57.2 | 73.8 | 49.8 | 32.7 | 40.5 | 8 |
| Holding companies; corporate and foreign bonds; liability | FA733163003 | 40.9 | 132.4 | 371.5 | 276.8 | -146.2 | 27.5 | -158.7 | 314.7 | -27.1 | 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 | FA503163003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 10 |
| Rest of the world; bonds; liability (2) | FA263163005 | 28.1 | -4.4 | -801.5 | 360.4 | 16.5 | 406.9 | 658.0 | 45.3 | 604.4 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FA893063005 | 398.7 | 923.7 | 975.6 | 2192.9 | -11.8 | 538.3 | 1013.2 | 717.2 | 940.4 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | FA153063005 | 40.0 | 30.6 | 678.3 | 465.6 | -988.9 | -32.6 | -827.9 | -263.6 | 583.2 | 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 | -16.6 | 1.8 | 30.9 | 24.0 | -50.3 | 2.5 | -35.7 | -25.4 | 13.2 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | FA763063005 | 44.1 | 1.7 | -135.2 | 134.9 | 131.6 | -124.5 | 485.8 | 135.5 | 110.1 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | FA763063605 | 6.1 | 3.6 | 22.0 | 6.5 | -8.4 | -5.7 | 18.4 | 20.6 | 39.0 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | FA763063095 | 37.9 | -1.9 | -157.2 | 128.5 | 140.0 | -118.8 | 467.4 | 114.9 | 71.1 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | FA753063005 | -29.1 | 6.8 | 145.9 | -85.4 | -15.9 | -17.4 | 8.3 | -11.8 | -1.6 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | FA743063005 | 7.7 | 3.8 | 13.9 | -4.0 | -0.2 | 5.4 | 0.0 | -9.6 | 8.5 | 20 |
| Credit unions; corporate and foreign bonds; asset | FA473063005 | 1.1 | 2.6 | 10.6 | -1.7 | 1.7 | -0.2 | 12.8 | -4.7 | 3.6 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | FA473063605 | 1.2 | 2.5 | 10.2 | -1.5 | 1.5 | 0.0 | 12.2 | -4.8 | 3.4 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA473063095 | -0.0 | 0.1 | 0.4 | -0.1 | 0.2 | -0.2 | 0.6 | 0.1 | 0.2 | 23 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | FA513063005 | 34.7 | 47.0 | 67.5 | 45.8 | 48.3 | 26.4 | 60.1 | 65.2 | 50.5 | 24 |
| Property-casualty insurance companies; mortgage-backed securities and other asset-backed bonds, including those held by U.S. residual market reinsurers; asset | FA513063605 | 8.0 | 11.0 | 15.8 | 10.7 | 11.3 | 6.2 | 13.0 | 14.1 | 11.0 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA513063095 | 26.7 | 36.0 | 51.8 | 35.1 | 37.0 | 20.2 | 47.1 | 51.0 | 39.5 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | FA543063005 | 135.1 | 195.1 | 280.2 | 110.2 | 251.5 | 138.4 | 136.4 | 66.2 | 295.8 | 27 |
| Life insurance companies, general accounts; mortgage-backed securities and other asset-backed bonds, including those held by U.S. captive reinsurers; asset | FA543063675 | 23.4 | 31.8 | 42.2 | 27.8 | 39.9 | 17.5 | 28.5 | 13.6 | 42.5 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA543063095 | 111.6 | 163.3 | 238.0 | 82.4 | 211.6 | 120.9 | 107.9 | 52.6 | 253.3 | 29 |
| Private pension funds; corporate and foreign bonds; asset | FA573063005 | -13.8 | -34.2 | -34.8 | -24.8 | -60.5 | -16.8 | -24.7 | -14.3 | 5.9 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | FA343063005 | 1.0 | 0.9 | -4.6 | 2.8 | 3.3 | 2.0 | 0.7 | -0.5 | -0.0 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | -128.4 | 34.4 | 87.5 | 57.0 | -45.3 | 38.3 | 131.7 | -33.7 | -2.0 | 32 |
| Money market funds; corporate and foreign bonds; asset | FA633063005 | 11.0 | -5.9 | -19.0 | -4.2 | 14.4 | -14.8 | -0.3 | -1.9 | -11.7 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | FA653063005 | 78.5 | 275.3 | 23.5 | 468.3 | 400.2 | 209.1 | 678.4 | 63.1 | 24.4 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | FA553063003 | 2.0 | 1.5 | 6.1 | -1.3 | -0.6 | 1.9 | 8.2 | 6.6 | 1.6 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | FA563063003 | 93.7 | 155.0 | -42.4 | 295.1 | 194.8 | 172.5 | 108.3 | 163.9 | 121.3 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | FA403063005 | -2.7 | -2.6 | -4.5 | 0.1 | -2.9 | -3.0 | -2.0 | -1.8 | -0.5 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | FA403063605 | -2.3 | -2.2 | -4.1 | 0.5 | -2.6 | -2.7 | -1.7 | -1.3 | -0.2 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA403063095 | -0.4 | -0.3 | -0.3 | -0.3 | -0.3 | -0.4 | -0.3 | -0.4 | -0.3 | 39 |
| Finance companies; corporate and foreign bonds; asset | FA613063003 | -0.5 | 9.7 | 7.4 | 16.4 | 5.9 | 9.2 | 1.3 | 24.7 | 28.5 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | FA643063005 | -3.4 | -25.1 | -55.0 | -28.7 | -15.2 | -1.7 | -1.8 | 7.7 | 9.4 | 41 |
| Security brokers and dealers; corporate and foreign bonds (net); asset | FA663063005 | -14.5 | 6.0 | 8.3 | -1.6 | 58.4 | -41.2 | -29.7 | -7.4 | -0.6 | 42 |
| Holding companies; corporate and foreign bonds; asset | FA733063003 | 5.2 | -2.5 | 2.0 | 10.6 | -25.6 | 2.9 | 20.5 | -11.3 | -0.1 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FA503063005 | 0.2 | 12.4 | 23.4 | 8.5 | -2.0 | 19.5 | 2.4 | 51.8 | -2.5 | 44 |
| Rest of the world; corporate bonds; asset (4) | FA263063005 | 153.4 | 209.6 | -114.5 | 705.1 | 85.3 | 162.5 | 280.3 | 518.7 | -296.6 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | FA263063603 | -3.1 | 28.8 | -35.2 | -14.1 | 52.5 | 112.1 | 73.6 | -10.2 | -13.9 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA263063095 | 156.4 | 180.8 | -79.4 | 719.2 | 32.8 | 50.4 | 206.6 | 528.9 | -282.7 | 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 9, 2021