Financial Accounts of the United States - Z.1
F.212 Municipal Securities
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2020 | 2021 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Domestic nonfinancial sectors; municipal securities; liability | FA383162005 | 85.4 | 77.9 | 121.1 | 118.0 | 113.5 | -40.9 | -64.1 | 53.4 | -31.9 | 1 |
| State and local governments; municipal securities; liability | FA213162005 | 90.2 | 69.0 | 108.2 | 104.0 | 97.2 | -33.6 | -93.2 | 51.8 | -19.2 | 2 |
| State and local governments; short-term municipal securities; liability (1) | FA213162400 | 1.7 | -13.7 | -12.3 | -10.8 | -30.6 | -0.9 | -21.6 | -2.7 | 3.4 | 3 |
| State and local governments; long-term municipal securities; liability | FA213162200 | 88.5 | 82.6 | 120.6 | 114.8 | 127.8 | -32.6 | -71.5 | 54.5 | -22.6 | 4 |
| Nonprofit organizations; municipal securities; liability (2) | FA163162003 | -9.9 | -1.6 | 2.3 | -0.6 | -4.2 | -3.9 | 8.3 | -9.5 | -2.5 | 5 |
| Nonfinancial corporate business; municipal securities; liability | FA103162000 | 5.1 | 10.5 | 10.6 | 14.5 | 20.5 | -3.4 | 20.7 | 11.1 | -10.2 | 6 |
| All sectors; municipal securities; asset | FA893062005 | 85.4 | 77.9 | 121.1 | 118.0 | 113.5 | -40.9 | -64.1 | 53.4 | -31.9 | 7 |
| Households and nonprofit organizations; municipal securities; asset | FA153062005 | -30.0 | -102.4 | -94.3 | -82.1 | -89.6 | -143.6 | -126.1 | 146.2 | 28.1 | 8 |
| Nonfinancial corporate business; municipal securities; asset | FA103062003 | -8.4 | 0.3 | 0.4 | 0.3 | 0.4 | 0.1 | 0.1 | 0.3 | 0.1 | 9 |
| Nonfinancial noncorporate business; municipal securities; asset | FA113062003 | 0.3 | 0.5 | 1.0 | -0.2 | 0.8 | 0.3 | 0.6 | 1.0 | 1.0 | 10 |
| State and local governments; municipal securities; asset | FA213062003 | 1.5 | 3.8 | 4.1 | 2.1 | 4.8 | 4.3 | 5.5 | 6.0 | 6.7 | 11 |
| U.S.-chartered depository institutions; municipal securities; asset | FA763062000 | 69.0 | 52.1 | 72.4 | 56.7 | 49.2 | 30.3 | 53.5 | 53.7 | -7.2 | 12 |
| Foreign banking offices in the U.S.; municipal securities; asset | FA753062003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 13 |
| Banks in U.S.-affiliated areas; municipal securities; asset | FA743062003 | -1.1 | -0.0 | 0.0 | -0.0 | -0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 14 |
| Credit unions; municipal securities; asset | FA473062005 | 4.4 | 2.3 | 3.6 | 2.0 | 2.7 | 0.9 | 2.0 | 0.7 | 2.9 | 15 |
| Property-casualty insurance companies; municipal securities, including those held by U.S. residual market reinsurers; asset | FA513062005 | 3.0 | -1.1 | -2.5 | -2.5 | -0.5 | 1.0 | 6.3 | 1.1 | -9.2 | 16 |
| Life insurance companies; municipal securities; asset | FA543062005 | -2.9 | 1.0 | -1.5 | -0.4 | 3.9 | 2.2 | 3.3 | 1.5 | 3.1 | 17 |
| Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset | FA343062033 | -0.0 | -0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | -0.0 | -0.0 | 18 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 19 |
| Money market funds; municipal securities; asset | FA633062000 | -14.0 | -14.6 | -23.3 | -16.6 | -6.0 | -12.4 | 22.6 | 13.0 | 4.6 | 20 |
| Mutual funds; municipal securities; asset (market value) | FA653062003 | 49.7 | 109.4 | 123.8 | 133.3 | 124.8 | 55.9 | -54.5 | -207.0 | -53.6 | 21 |
| Closed-end funds; municipal securities; asset | FA553062003 | -0.3 | 0.7 | 1.5 | 1.1 | 0.2 | 0.1 | 0.4 | -0.1 | -1.8 | 22 |
| Exchange-traded funds; municipal securities; asset | FA563062003 | 13.7 | 20.6 | 21.2 | 23.9 | 18.4 | 18.7 | 19.0 | 37.3 | 1.5 | 23 |
| Government-sponsored enterprises; municipal securities and Sallie Mae public academic facilities financing and Sallie Mae public warehousing advances; asset | FA403062005 | -0.5 | -0.4 | -0.2 | -0.3 | -0.6 | -0.3 | -0.0 | -1.1 | -0.0 | 24 |
| Security brokers and dealers; municipal securities; asset | FA663062003 | -9.9 | 6.0 | 8.6 | 7.1 | 6.0 | 2.4 | -3.0 | -1.8 | 20.4 | 25 |
| Other financial business; municipal securities held by COVID-19 Municipal Liquidity Facility (MLF); asset | FA503062003 | 6.3 | -2.2 | -0.9 | -5.1 | -1.6 | -1.0 | -4.9 | 0.0 | 0.0 | 26 |
| Rest of the world; municipal securities; asset | FA263062003 | 4.8 | 1.8 | 7.3 | -1.3 | 0.7 | 0.2 | 11.0 | 2.5 | -28.2 | 27 |
NOTES
- Debt with original maturity of 13 months or less.
- Liability of the households and nonprofit organizations sector (table F.101).
Last Update: December 9, 2022