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 | 2020 | 2021 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FA893163005 | 1040.7 | 875.6 | 1108.5 | 784.7 | 986.8 | 622.6 | 1170.6 | 296.1 | -55.0 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 712.4 | 198.9 | 486.9 | 148.4 | 312.7 | -152.5 | 163.7 | -192.0 | 12.4 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FA793163005 | 270.6 | 232.4 | -44.3 | 597.9 | 34.4 | 341.7 | 241.6 | 124.8 | -139.2 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FA763163005 | 54.8 | -49.4 | -40.5 | -101.1 | -67.8 | 11.9 | 67.5 | 81.9 | 5.8 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FA673163005 | 31.1 | 174.7 | 150.7 | 219.0 | 208.4 | 120.6 | 6.4 | 51.6 | 49.9 | 5 |
| Finance companies; corporate and foreign bonds; liability | FA613163005 | 1.5 | -45.5 | -79.6 | 18.5 | -141.5 | 20.4 | 13.1 | 61.9 | 99.6 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FA643163005 | 42.6 | 56.7 | 27.5 | 102.5 | 22.9 | 73.9 | 35.0 | 38.9 | -6.8 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FA663163003 | 10.0 | 33.8 | 49.8 | 32.7 | 40.5 | 12.3 | 172.5 | -46.4 | -102.6 | 8 |
| Holding companies; corporate and foreign bonds; liability | FA733163005 | 130.6 | 62.1 | -152.3 | 326.3 | -28.3 | 102.5 | -52.8 | -63.2 | -185.0 | 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 | 57.8 | 444.4 | 665.9 | 38.5 | 639.8 | 433.4 | 765.3 | 363.4 | 71.7 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FA893063005 | 1040.7 | 875.6 | 1108.5 | 784.7 | 986.8 | 622.6 | 1170.6 | 296.1 | -55.0 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | FA153063005 | 50.8 | -108.1 | -803.6 | 288.7 | 177.1 | -94.7 | -370.1 | 386.6 | -864.3 | 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 | -1.2 | -19.5 | -67.7 | -25.4 | 13.2 | 1.8 | -26.0 | -6.1 | -7.2 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | FA763063005 | 8.3 | 204.9 | 491.1 | 129.0 | 96.7 | 102.5 | 359.3 | -60.3 | 33.9 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | FA763063605 | 3.6 | 31.9 | 18.4 | 20.6 | 38.8 | 50.0 | 49.4 | 17.9 | 2.6 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | FA763063095 | 4.7 | 172.9 | 472.7 | 108.5 | 58.0 | 52.5 | 309.9 | -78.2 | 31.4 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | FA753063005 | 6.8 | 0.8 | 8.3 | -11.8 | -2.3 | 9.0 | 34.9 | 62.9 | 86.7 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | FA743063005 | 3.8 | -0.6 | 0.0 | -9.6 | 8.5 | -1.2 | 3.7 | 3.4 | 2.2 | 20 |
| Credit unions; corporate and foreign bonds; asset | FA473063005 | 2.6 | 5.2 | 12.8 | -4.7 | 4.2 | 8.3 | 14.9 | 6.9 | 3.9 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | FA473063605 | 2.5 | 4.9 | 12.2 | -4.8 | 3.9 | 8.1 | 14.6 | 6.8 | 3.7 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA473063095 | 0.1 | 0.3 | 0.6 | 0.1 | 0.3 | 0.2 | 0.4 | 0.1 | 0.1 | 23 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | FA513063005 | 47.1 | 55.1 | 58.7 | 63.6 | 49.3 | 48.8 | 84.0 | 22.5 | 46.5 | 24 |
| Property-casualty insurance companies; mortgage-backed securities and other asset-backed bonds, including those held by U.S. residual market reinsurers; asset | FA513063605 | 11.0 | 12.0 | 12.7 | 13.8 | 10.7 | 10.6 | 18.2 | 0.0 | 10.1 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA513063095 | 36.1 | 43.2 | 46.0 | 49.8 | 38.6 | 38.3 | 65.8 | 22.5 | 36.4 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | FA543063005 | 196.0 | 208.0 | 187.8 | 64.3 | 292.4 | 287.3 | 328.6 | 165.7 | 233.1 | 27 |
| Life insurance companies, general accounts; mortgage-backed securities and other asset-backed bonds, including those held by U.S. captive reinsurers; asset | FA543063675 | 32.2 | 30.6 | 28.7 | 14.1 | 42.4 | 37.2 | 39.2 | 0.0 | 24.4 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA543063095 | 163.8 | 177.4 | 159.1 | 50.2 | 250.0 | 250.1 | 289.3 | 165.7 | 208.7 | 29 |
| Private pension funds; corporate and foreign bonds; asset | FA573063005 | 60.1 | 22.7 | 17.9 | 25.2 | 22.4 | 25.3 | 19.5 | 30.3 | 33.3 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | FA343063005 | 0.9 | -1.4 | 1.0 | -0.3 | -3.8 | -2.6 | 0.1 | -2.5 | -1.1 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | 53.2 | 71.6 | 132.7 | 83.9 | -49.5 | 119.4 | 101.4 | -102.9 | 16.8 | 32 |
| Money market funds; corporate and foreign bonds; asset | FA633063005 | -9.0 | -6.3 | -0.7 | -3.0 | -11.2 | -10.5 | -6.2 | -7.2 | 10.1 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | FA653063005 | 266.3 | 270.5 | 657.3 | 14.5 | 225.5 | 184.8 | 149.4 | -303.6 | -23.2 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | FA553063003 | 1.5 | 8.2 | 8.3 | 6.6 | 10.1 | 7.8 | -0.1 | -2.2 | -0.1 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | FA563063003 | 149.3 | 115.4 | 113.5 | 161.6 | 106.9 | 79.5 | 20.3 | 12.0 | 68.1 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | FA403063005 | -2.6 | -1.2 | -2.0 | -1.8 | -0.5 | -0.7 | 0.2 | 1.8 | 2.1 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | FA403063605 | -2.2 | -0.9 | -1.7 | -1.3 | -0.2 | -0.3 | 0.6 | 2.2 | 2.5 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA403063095 | -0.3 | -0.3 | -0.3 | -0.4 | -0.3 | -0.3 | -0.4 | -0.4 | -0.4 | 39 |
| Finance companies; corporate and foreign bonds; asset | FA613063003 | 9.7 | 29.3 | 1.3 | 24.7 | 28.5 | 62.8 | 0.8 | 0.8 | 17.9 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | FA643063005 | -25.1 | 5.0 | -4.0 | 8.4 | 10.1 | 5.5 | 24.3 | -15.4 | 33.7 | 41 |
| Security brokers and dealers; corporate and foreign bonds (net); asset | FA663063005 | 5.9 | -62.0 | -31.0 | -8.1 | -1.7 | -207.1 | -49.3 | 3.6 | 43.7 | 42 |
| Holding companies; corporate and foreign bonds; asset | FA733063003 | -2.5 | 3.6 | 20.5 | -11.3 | -0.1 | 5.3 | -0.1 | 0.1 | 12.3 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FA503063005 | 5.4 | 0.1 | -7.4 | 44.2 | -19.2 | -17.3 | 33.0 | -2.2 | 27.0 | 44 |
| Rest of the world; corporate bonds; asset (4) | FA263063005 | 213.4 | 74.5 | 313.5 | -54.1 | 30.0 | 8.5 | 448.2 | 102.2 | 169.7 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | FA263063603 | 28.8 | 16.1 | 73.5 | -10.2 | -16.6 | 17.5 | 25.0 | 29.3 | 6.8 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA263063095 | 184.5 | 58.4 | 240.0 | -43.9 | 46.6 | -9.0 | 423.3 | 72.8 | 162.8 | 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, 2022