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 | 2020 | 2021 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FL893163005 | 14406.1 | 15106.0 | 14492.6 | 14760.9 | 14997.5 | 15106.0 | 15075.6 | 14836.9 | 14688.2 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FL103163003 | 6540.6 | 6739.4 | 6662.3 | 6699.4 | 6777.6 | 6739.4 | 6780.3 | 6732.4 | 6735.5 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FL793163005 | 4329.3 | 4555.8 | 4310.6 | 4453.4 | 4461.5 | 4555.8 | 4609.2 | 4632.1 | 4600.5 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FL763163005 | 256.5 | 207.1 | 246.4 | 221.1 | 204.1 | 207.1 | 224.0 | 244.4 | 245.9 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FL673163005 | 1058.9 | 1231.9 | 1089.0 | 1137.1 | 1192.8 | 1231.9 | 1226.4 | 1231.0 | 1246.7 | 5 |
| Finance companies; corporate and foreign bonds; liability | FL613163005 | 773.4 | 727.9 | 753.5 | 758.1 | 722.7 | 727.9 | 731.1 | 746.6 | 771.5 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FL643163005 | 581.9 | 634.5 | 588.7 | 614.4 | 616.0 | 634.5 | 643.2 | 653.0 | 651.3 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FL663163003 | 183.9 | 217.7 | 196.3 | 204.5 | 214.6 | 217.7 | 260.8 | 249.2 | 223.6 | 8 |
| Holding companies; corporate and foreign bonds; liability | FL733163005 | 1474.8 | 1536.8 | 1436.7 | 1518.3 | 1511.2 | 1536.8 | 1523.6 | 1507.8 | 1461.6 | 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 | 3536.2 | 3810.7 | 3519.7 | 3608.1 | 3758.4 | 3810.7 | 3686.0 | 3472.5 | 3352.2 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FL893063005 | 15254.2 | 15427.9 | 14814.0 | 15327.8 | 15451.6 | 15427.9 | 14606.9 | 13484.9 | 12907.9 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | LM153063005 | 400.8 | 231.3 | 225.8 | 229.0 | 311.1 | 231.3 | 227.9 | 225.1 | 223.3 | 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 | 223.9 | 192.4 | 194.0 | 192.8 | 193.7 | 192.4 | 169.7 | 154.9 | 143.7 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | LM763063005 | 511.0 | 710.5 | 631.6 | 664.4 | 687.7 | 710.5 | 787.5 | 759.8 | 752.2 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | LM763063605 | 88.7 | 118.8 | 92.6 | 97.8 | 107.2 | 118.8 | 126.5 | 127.2 | 124.3 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | LM763063095 | 422.2 | 591.7 | 539.0 | 566.6 | 580.5 | 591.7 | 661.0 | 632.6 | 627.9 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | LM753063005 | 153.0 | 145.6 | 146.3 | 147.0 | 144.6 | 145.6 | 142.1 | 146.9 | 159.8 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | LM743063005 | 12.5 | 11.3 | 11.8 | 9.7 | 11.7 | 11.3 | 11.3 | 11.2 | 11.1 | 20 |
| Credit unions; corporate and foreign bonds; asset | LM473063005 | 16.2 | 20.6 | 18.5 | 17.8 | 18.7 | 20.6 | 22.6 | 22.6 | 22.2 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | LM473063605 | 15.7 | 19.7 | 17.9 | 17.1 | 17.9 | 19.7 | 21.7 | 21.7 | 21.4 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM473063095 | 0.6 | 0.8 | 0.7 | 0.7 | 0.8 | 0.8 | 0.9 | 0.8 | 0.8 | 23 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | LM513063005 | 660.6 | 702.4 | 643.2 | 680.5 | 690.6 | 702.4 | 664.3 | 619.1 | 593.5 | 24 |
| Property-casualty insurance companies; mortgage-backed securities and other asset-backed bonds, including those held by U.S. residual market reinsurers; asset | LM513063605 | 154.2 | 152.4 | 147.2 | 152.9 | 152.4 | 152.4 | 144.1 | 133.1 | 127.6 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM513063095 | 506.5 | 550.1 | 496.0 | 527.6 | 538.2 | 550.1 | 520.2 | 486.0 | 465.9 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 3555.8 | 3632.5 | 3413.3 | 3529.8 | 3576.9 | 3632.5 | 3405.5 | 3183.2 | 3047.7 | 27 |
| Life insurance companies, general accounts; mortgage-backed securities and other asset-backed bonds, including those held by U.S. captive reinsurers; asset | LM543063675 | 625.3 | 616.0 | 595.1 | 611.9 | 613.6 | 616.0 | 573.9 | 530.0 | 504.2 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM543063095 | 2930.5 | 3016.5 | 2818.1 | 2917.9 | 2963.2 | 3016.5 | 2831.6 | 2653.2 | 2543.5 | 29 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 979.9 | 949.6 | 928.3 | 957.4 | 951.7 | 949.6 | 874.5 | 815.1 | 774.4 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | LM343063005 | 17.3 | 15.0 | 16.6 | 16.9 | 15.8 | 15.0 | 13.7 | 12.0 | 11.1 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | LM223063045 | 529.3 | 572.2 | 532.2 | 566.3 | 547.3 | 572.2 | 549.4 | 481.6 | 456.8 | 32 |
| Money market funds; corporate and foreign bonds; asset | FL633063005 | 13.5 | 7.2 | 13.3 | 12.6 | 9.8 | 7.2 | 5.6 | 3.8 | 6.3 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | LM653063005 | 2608.0 | 2734.1 | 2619.6 | 2689.7 | 2713.0 | 2734.1 | 2531.6 | 2251.0 | 2101.8 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | LM553063003 | 77.8 | 85.3 | 80.3 | 83.3 | 85.9 | 85.3 | 80.5 | 69.7 | 67.3 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | LM563063003 | 708.3 | 799.9 | 715.9 | 766.4 | 789.5 | 799.9 | 760.7 | 720.3 | 708.7 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | LM403063005 | 13.5 | 12.3 | 13.0 | 12.7 | 12.5 | 12.3 | 12.1 | 12.2 | 12.4 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | LM403063605 | 10.2 | 9.3 | 9.8 | 9.5 | 9.4 | 9.3 | 9.2 | 9.5 | 9.8 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM403063095 | 3.3 | 3.0 | 3.2 | 3.2 | 3.1 | 3.0 | 2.9 | 2.7 | 2.6 | 39 |
| Finance companies; corporate and foreign bonds; asset | LM613063003 | 73.6 | 98.7 | 69.7 | 77.6 | 83.8 | 98.7 | 90.6 | 83.9 | 83.3 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | LM643063005 | 28.4 | 31.7 | 25.7 | 28.5 | 30.6 | 31.7 | 35.1 | 28.6 | 35.3 | 41 |
| Security brokers and dealers; corporate and foreign bonds (net); asset | LM663063005 | 81.2 | 14.8 | 68.8 | 68.4 | 67.2 | 14.8 | 1.2 | 2.0 | 12.8 | 42 |
| Holding companies; corporate and foreign bonds; asset | LM733063003 | 27.0 | 29.2 | 30.5 | 28.5 | 28.1 | 29.2 | 26.7 | 24.7 | 26.2 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FL503063005 | 70.8 | 70.9 | 69.0 | 80.0 | 75.2 | 70.9 | 79.2 | 78.6 | 85.4 | 44 |
| Rest of the world; corporate bonds; asset (4) | LM263063005 | 4491.3 | 4359.9 | 4346.0 | 4468.0 | 4405.9 | 4359.9 | 4114.7 | 3777.9 | 3572.1 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | LM263063603 | 362.9 | 364.6 | 375.4 | 367.4 | 362.9 | 364.6 | 363.7 | 366.1 | 366.3 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM263063095 | 4128.5 | 3995.3 | 3970.6 | 4100.6 | 4043.0 | 3995.3 | 3751.0 | 3411.8 | 3205.8 | 47 |
| Instrument discrepancies; corporate and foreign bonds (level) (5) | LM903063003 | -848.1 | -321.9 | -321.4 | -566.9 | -454.2 | -321.9 | 468.7 | 1352.1 | 1780.3 | 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, 2022