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 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FL893163005 | 13319.8 | 14440.5 | 13448.0 | 14146.5 | 14223.5 | 14440.5 | 14503.0 | 14699.8 | 14923.2 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FL103163003 | 5801.8 | 6477.3 | 5984.6 | 6421.6 | 6482.1 | 6477.3 | 6584.3 | 6602.9 | 6679.9 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FL793163005 | 4170.4 | 4416.9 | 4422.4 | 4437.5 | 4373.1 | 4416.9 | 4391.1 | 4533.9 | 4540.4 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FL763163005 | 141.3 | 171.8 | 152.9 | 157.8 | 161.9 | 171.8 | 177.4 | 177.4 | 173.6 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FL673163005 | 1104.2 | 1135.0 | 1152.4 | 1134.6 | 1132.7 | 1135.0 | 1144.1 | 1170.4 | 1210.3 | 5 |
| Finance companies; corporate and foreign bonds; liability | FL613163005 | 771.8 | 773.4 | 797.6 | 798.2 | 774.0 | 773.4 | 753.5 | 758.1 | 723.7 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FL643163005 | 539.3 | 580.8 | 529.9 | 565.4 | 573.8 | 580.8 | 587.3 | 612.2 | 613.8 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FL663163003 | 173.9 | 183.9 | 256.9 | 179.7 | 165.4 | 183.9 | 196.3 | 204.5 | 214.6 | 8 |
| Holding companies; corporate and foreign bonds; liability | FL733163003 | 1439.8 | 1572.2 | 1532.7 | 1601.9 | 1565.3 | 1572.2 | 1532.5 | 1611.2 | 1604.4 | 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 | FL503163003 | 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) | LM263163005 | 3347.6 | 3546.3 | 3041.0 | 3287.4 | 3368.3 | 3546.3 | 3527.6 | 3563.1 | 3703.0 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FL893063005 | 13563.3 | 15327.1 | 13159.9 | 14679.5 | 14803.1 | 15327.1 | 14799.9 | 15245.3 | 15353.2 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | LM153063005 | 376.6 | 524.7 | 586.8 | 660.6 | 450.8 | 524.7 | 299.8 | 174.7 | 354.1 | 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 | 211.9 | 226.9 | 208.9 | 233.6 | 222.0 | 226.9 | 205.0 | 203.7 | 204.6 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | LM763063005 | 499.5 | 504.4 | 453.1 | 498.1 | 533.9 | 504.4 | 623.7 | 658.1 | 684.7 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | LM763063605 | 84.7 | 88.7 | 87.5 | 91.8 | 90.1 | 88.7 | 92.6 | 97.8 | 107.2 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | LM763063095 | 414.7 | 415.6 | 365.6 | 406.3 | 443.8 | 415.6 | 531.1 | 560.3 | 577.4 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | LM753063005 | 134.7 | 153.0 | 164.4 | 157.7 | 154.3 | 153.0 | 146.3 | 147.0 | 144.8 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | LM743063005 | 7.8 | 12.5 | 10.9 | 10.9 | 10.9 | 12.5 | 11.8 | 9.7 | 11.7 | 20 |
| Credit unions; corporate and foreign bonds; asset | LM473063005 | 12.6 | 16.2 | 14.6 | 15.5 | 16.0 | 16.2 | 18.5 | 17.8 | 18.5 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | LM473063605 | 12.1 | 15.7 | 14.1 | 14.9 | 15.4 | 15.7 | 17.9 | 17.1 | 17.7 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM473063095 | 0.5 | 0.6 | 0.5 | 0.5 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | 23 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | LM513063005 | 594.8 | 660.6 | 577.4 | 636.3 | 646.8 | 660.6 | 637.9 | 669.9 | 674.6 | 24 |
| Property-casualty insurance companies; mortgage-backed securities and other asset-backed bonds, including those held by U.S. residual market reinsurers; asset | LM513063605 | 138.8 | 154.2 | 134.8 | 148.5 | 151.0 | 154.2 | 148.6 | 155.8 | 156.7 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM513063095 | 456.0 | 506.5 | 442.6 | 487.8 | 495.8 | 506.5 | 489.3 | 514.1 | 517.9 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 3175.5 | 3556.2 | 3080.7 | 3383.2 | 3457.2 | 3556.2 | 3385.0 | 3485.8 | 3518.0 | 27 |
| Life insurance companies, general accounts; mortgage-backed securities and other asset-backed bonds, including those held by U.S. captive reinsurers; asset | LM543063675 | 561.3 | 625.3 | 541.9 | 595.6 | 606.5 | 625.3 | 596.6 | 614.7 | 618.1 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM543063095 | 2614.2 | 2930.9 | 2538.9 | 2787.6 | 2850.8 | 2930.9 | 2788.4 | 2871.1 | 2900.0 | 29 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 866.5 | 881.8 | 814.2 | 880.6 | 869.2 | 881.8 | 825.2 | 841.9 | 833.4 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | LM343063005 | 15.6 | 17.3 | 13.7 | 15.6 | 16.5 | 17.3 | 16.5 | 16.7 | 16.5 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | LM223063045 | 448.4 | 511.7 | 447.6 | 501.8 | 492.6 | 511.7 | 515.3 | 519.6 | 512.9 | 32 |
| Money market funds; corporate and foreign bonds; asset | FL633063005 | 18.5 | 12.6 | 13.8 | 12.7 | 16.3 | 12.6 | 12.5 | 12.0 | 9.1 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | LM653063005 | 2317.5 | 2692.1 | 2171.0 | 2479.6 | 2589.9 | 2692.1 | 2709.0 | 2791.1 | 2764.2 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | LM553063003 | 75.1 | 77.8 | 59.5 | 67.6 | 70.3 | 77.8 | 80.3 | 83.2 | 83.8 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | LM563063003 | 544.0 | 724.6 | 518.3 | 618.5 | 672.5 | 724.6 | 730.9 | 782.0 | 808.6 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | LM403063005 | 16.5 | 13.5 | 14.5 | 14.9 | 14.3 | 13.5 | 13.0 | 12.7 | 12.5 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | LM403063605 | 12.9 | 10.2 | 11.1 | 11.6 | 11.0 | 10.2 | 9.8 | 9.5 | 9.4 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM403063095 | 3.6 | 3.3 | 3.4 | 3.4 | 3.3 | 3.3 | 3.2 | 3.2 | 3.1 | 39 |
| Finance companies; corporate and foreign bonds; asset | LM613063003 | 60.0 | 73.6 | 58.8 | 68.2 | 69.9 | 73.6 | 69.7 | 77.6 | 83.8 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | LM643063005 | 52.2 | 28.3 | 35.8 | 31.8 | 28.2 | 28.3 | 26.2 | 28.8 | 30.8 | 41 |
| Security brokers and dealers; corporate and foreign bonds (net); asset | LM663063005 | 72.0 | 82.7 | 70.5 | 76.4 | 91.3 | 82.7 | 70.6 | 70.5 | 69.5 | 42 |
| Holding companies; corporate and foreign bonds; asset | LM733063003 | 27.9 | 27.0 | 26.9 | 32.0 | 25.7 | 27.0 | 30.5 | 28.5 | 28.1 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FL503063005 | 70.9 | 83.3 | 76.8 | 78.9 | 78.4 | 83.3 | 83.9 | 96.8 | 96.2 | 44 |
| Rest of the world; corporate bonds; asset (4) | LM263063005 | 3964.3 | 4445.8 | 3741.4 | 4204.5 | 4275.6 | 4445.8 | 4287.9 | 4516.7 | 4392.2 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | LM263063603 | 338.8 | 374.3 | 322.2 | 329.8 | 345.2 | 374.3 | 392.6 | 390.3 | 386.5 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM263063095 | 3625.5 | 4071.5 | 3419.2 | 3874.7 | 3930.4 | 4071.5 | 3895.3 | 4126.4 | 4005.7 | 47 |
| Instrument discrepancies; corporate and foreign bonds (level) (5) | LM903063003 | -243.5 | -886.6 | 288.1 | -533.0 | -579.6 | -886.6 | -296.9 | -545.5 | -429.9 | 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: December 9, 2021