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 | 2021 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FA893163005 | 398.3 | 922.8 | 826.6 | -21.6 | 551.8 | 1035.6 | 651.5 | 890.4 | 728.9 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 256.6 | 675.2 | 161.3 | 235.9 | -7.0 | 453.4 | 72.3 | 274.6 | -155.0 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FA793163005 | 113.6 | 252.1 | 241.4 | -274.0 | 151.8 | -73.3 | 599.4 | 36.1 | 403.4 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FA763163005 | -18.7 | 30.5 | -21.6 | 16.6 | 39.4 | 22.6 | -1.0 | -91.0 | -17.1 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FA673163005 | 74.8 | 37.1 | 148.3 | -20.3 | -14.6 | 66.7 | 134.8 | 226.2 | 165.6 | 5 |
| Finance companies; corporate and foreign bonds; liability | FA613163005 | -42.7 | 1.5 | -40.8 | -96.9 | -2.4 | -79.6 | 18.5 | -141.5 | 39.4 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FA643163005 | 69.3 | 40.6 | 57.4 | 29.9 | 28.1 | 25.8 | 99.6 | 29.1 | 75.2 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FA663163003 | -10.1 | 10.0 | 40.8 | -57.2 | 73.8 | 49.8 | 32.7 | 40.5 | 40.0 | 8 |
| Holding companies; corporate and foreign bonds; liability | FA733163003 | 40.9 | 132.4 | 57.3 | -146.2 | 27.5 | -158.7 | 314.8 | -27.1 | 100.3 | 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 | 423.8 | 16.5 | 406.9 | 655.5 | -20.3 | 579.8 | 480.4 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FA893063005 | 398.3 | 922.8 | 826.6 | -21.6 | 551.8 | 1035.6 | 651.5 | 890.4 | 728.9 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | FA153063005 | 72.6 | 19.0 | -156.6 | -1052.1 | 4.9 | -798.0 | 34.3 | 379.0 | -241.7 | 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 | -1.2 | -11.5 | -50.3 | -9.5 | -35.7 | -25.4 | 13.2 | 1.8 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | FA763063005 | 44.1 | 8.3 | 204.9 | 151.8 | -118.4 | 491.1 | 129.0 | 96.7 | 102.6 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | FA763063605 | 6.1 | 3.6 | 32.0 | -8.4 | -5.7 | 18.4 | 20.6 | 38.8 | 50.1 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | FA763063095 | 37.9 | 4.7 | 172.9 | 160.3 | -112.7 | 472.7 | 108.5 | 58.0 | 52.5 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | FA753063005 | -29.1 | 6.8 | 0.8 | -15.9 | -17.4 | 8.3 | -11.8 | -2.3 | 9.0 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | FA743063005 | 7.7 | 3.8 | -0.6 | -0.2 | 5.4 | 0.0 | -9.6 | 8.5 | -1.2 | 20 |
| Credit unions; corporate and foreign bonds; asset | FA473063005 | 1.1 | 2.6 | 2.7 | 1.7 | -0.2 | 12.8 | -4.7 | 3.9 | -1.3 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | FA473063605 | 1.2 | 2.5 | 2.4 | 1.5 | 0.0 | 12.2 | -4.8 | 3.6 | -1.5 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA473063095 | -0.0 | 0.1 | 0.3 | 0.2 | -0.2 | 0.6 | 0.1 | 0.3 | 0.1 | 23 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | FA513063005 | 34.7 | 47.0 | 61.6 | 48.3 | 26.4 | 60.1 | 65.2 | 50.5 | 70.4 | 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 | 13.3 | 11.3 | 6.2 | 13.0 | 14.1 | 11.0 | 15.1 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA513063095 | 26.7 | 36.0 | 48.2 | 37.0 | 20.2 | 47.1 | 51.0 | 39.5 | 55.3 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | FA543063005 | 135.1 | 195.1 | 152.0 | 251.5 | 138.4 | 136.4 | 66.2 | 295.5 | 109.8 | 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 | 28.7 | 39.9 | 17.5 | 28.5 | 13.6 | 42.5 | 30.1 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA543063095 | 111.6 | 163.3 | 123.3 | 211.6 | 120.9 | 107.9 | 52.6 | 253.0 | 79.7 | 29 |
| Private pension funds; corporate and foreign bonds; asset | FA573063005 | -13.8 | -26.8 | -5.6 | -59.8 | -14.5 | -23.7 | -13.0 | 5.3 | 8.9 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | FA343063005 | 1.0 | 0.9 | 0.2 | 3.3 | 2.0 | 0.7 | -0.5 | -0.0 | 0.5 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | -130.4 | 53.2 | 40.6 | -47.3 | 46.2 | 130.9 | 92.6 | -102.8 | 41.6 | 32 |
| Money market funds; corporate and foreign bonds; asset | FA633063005 | 9.7 | -9.0 | -6.3 | 10.7 | -16.2 | -0.7 | -3.0 | -11.2 | -10.5 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | FA653063005 | 52.5 | 265.1 | 312.4 | 445.5 | 180.5 | 659.8 | 17.1 | 225.5 | 347.2 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | FA553063003 | 2.0 | 1.5 | 8.1 | -0.6 | 1.9 | 8.2 | 6.6 | 10.1 | 7.8 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | FA563063003 | 89.9 | 149.2 | 113.6 | 187.9 | 174.4 | 113.9 | 161.6 | 106.9 | 72.2 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | FA403063005 | -2.7 | -2.6 | -1.2 | -2.9 | -3.0 | -2.0 | -1.8 | -0.5 | -0.7 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | FA403063605 | -2.3 | -2.2 | -0.9 | -2.6 | -2.7 | -1.7 | -1.3 | -0.2 | -0.4 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA403063095 | -0.4 | -0.3 | -0.4 | -0.3 | -0.4 | -0.3 | -0.4 | -0.3 | -0.4 | 39 |
| Finance companies; corporate and foreign bonds; asset | FA613063003 | -0.5 | 9.7 | 29.2 | 5.9 | 9.2 | 1.3 | 24.7 | 28.5 | 62.1 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | FA643063005 | -3.4 | -25.2 | 3.4 | -15.2 | -1.9 | -1.5 | 8.3 | 9.6 | -2.6 | 41 |
| Security brokers and dealers; corporate and foreign bonds (net); asset | FA663063005 | -14.5 | 6.0 | -13.1 | 58.4 | -41.2 | -29.7 | -7.4 | -1.1 | -14.1 | 42 |
| Holding companies; corporate and foreign bonds; asset | FA733063003 | 5.2 | -2.5 | 3.6 | -25.6 | 2.9 | 20.5 | -11.3 | -0.1 | 5.2 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FA503063005 | 0.2 | 12.4 | 26.6 | -2.0 | 19.5 | 2.4 | 51.8 | -2.5 | 54.7 | 44 |
| Rest of the world; corporate bonds; asset (4) | FA263063005 | 153.4 | 209.6 | 61.9 | 85.3 | 162.5 | 280.3 | 82.7 | -222.3 | 107.0 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | FA263063603 | -3.1 | 28.8 | 16.1 | 52.5 | 112.1 | 73.5 | -10.2 | -16.6 | 17.5 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA263063095 | 156.4 | 180.8 | 45.9 | 32.8 | 50.4 | 206.7 | 93.0 | -205.7 | 89.5 | 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: March 10, 2022