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 | 2022 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FA893163005 | 1041.8 | 875.0 | 496.4 | 976.0 | 632.7 | 1161.9 | 234.5 | 320.6 | 268.6 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 711.8 | 197.7 | -5.8 | 312.4 | -155.9 | 163.6 | -193.0 | 11.3 | -5.0 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FA793163005 | 272.1 | 232.9 | 178.4 | 35.5 | 341.3 | 242.4 | 129.9 | -134.8 | 476.2 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FA763163005 | 54.8 | -49.4 | 63.0 | -67.8 | 11.9 | 67.5 | 81.9 | 12.0 | 90.4 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FA673163005 | 32.7 | 175.2 | 32.4 | 209.6 | 120.0 | 8.6 | 55.1 | 45.3 | 20.4 | 5 |
| Finance companies; corporate and foreign bonds; liability | FA613163005 | 1.5 | -45.5 | 37.1 | -141.5 | 20.4 | 13.1 | 61.9 | 96.4 | -23.1 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FA643163005 | 42.6 | 56.8 | 32.2 | 22.9 | 74.1 | 33.6 | 40.6 | -8.4 | 63.1 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FA663163003 | 10.0 | 33.8 | 18.4 | 40.5 | 12.3 | 172.5 | -46.4 | -102.6 | 50.0 | 8 |
| Holding companies; corporate and foreign bonds; liability | FA733163005 | 130.6 | 62.1 | -4.6 | -28.3 | 102.5 | -52.8 | -63.2 | -177.6 | 275.3 | 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 | 57.8 | 444.4 | 323.8 | 628.1 | 447.4 | 756.0 | 297.6 | 444.1 | -202.6 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FA893063005 | 1041.8 | 875.0 | 496.4 | 976.0 | 632.7 | 1161.9 | 234.5 | 320.6 | 268.6 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | FA153063005 | 50.6 | -101.8 | -232.8 | 143.2 | -9.0 | -401.8 | 175.8 | -613.1 | -92.1 | 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 | -10.5 | 13.2 | 1.8 | -26.0 | -6.1 | -7.2 | -2.6 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | FA763063005 | 8.3 | 204.9 | 108.0 | 96.7 | 102.5 | 359.4 | -52.7 | 31.0 | 94.1 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | FA763063605 | 3.6 | 31.9 | 14.1 | 38.8 | 50.0 | 49.5 | 17.8 | 2.8 | -13.5 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | FA763063095 | 4.7 | 172.9 | 93.8 | 58.0 | 52.5 | 309.9 | -70.5 | 28.3 | 107.6 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | FA753063005 | 6.8 | 0.8 | 44.2 | -2.3 | 9.0 | 34.9 | 62.9 | 86.7 | -7.6 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | FA743063005 | 3.8 | -0.6 | 2.0 | 8.5 | -1.2 | 3.7 | 3.4 | 2.2 | -1.2 | 20 |
| Credit unions; corporate and foreign bonds; asset | FA473063005 | 2.6 | 5.2 | 4.4 | 4.2 | 8.3 | 15.0 | 6.9 | -1.5 | -2.7 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | FA473063605 | 2.5 | 4.9 | 4.3 | 3.9 | 8.1 | 14.6 | 6.7 | -1.6 | -2.6 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA473063095 | 0.1 | 0.3 | 0.1 | 0.3 | 0.2 | 0.4 | 0.1 | 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 | 46.5 | 49.3 | 48.8 | 84.0 | 22.5 | 46.3 | 33.3 | 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 | 7.4 | 10.7 | 10.6 | 18.2 | 4.5 | 9.7 | -2.7 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA513063095 | 36.1 | 43.2 | 39.1 | 38.6 | 38.3 | 65.8 | 18.1 | 36.6 | 36.1 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | FA543063005 | 196.0 | 208.0 | 232.8 | 292.4 | 287.3 | 328.6 | 165.7 | 230.3 | 206.6 | 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 | 21.7 | 42.4 | 37.2 | 39.2 | 24.8 | 31.6 | -9.0 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA543063095 | 163.8 | 177.4 | 211.1 | 250.0 | 250.1 | 289.3 | 140.9 | 198.7 | 215.5 | 29 |
| Private pension funds; corporate and foreign bonds; asset | FA573063005 | 60.1 | 22.9 | 22.5 | 22.4 | 25.1 | 19.7 | 18.7 | 24.5 | 27.3 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | FA343063005 | 0.9 | -1.4 | -0.8 | -3.8 | -2.6 | 0.1 | -2.5 | -1.1 | 0.4 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | 54.4 | 64.5 | 95.7 | -26.4 | 44.1 | 117.6 | 46.8 | 112.7 | 105.9 | 32 |
| Money market funds; corporate and foreign bonds; asset | FA633063005 | -9.0 | -6.3 | -0.7 | -11.2 | -10.5 | -6.2 | -7.2 | 10.1 | 0.4 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | FA653063005 | 266.3 | 270.5 | -53.2 | 225.5 | 184.8 | 155.7 | -301.5 | 97.3 | -164.4 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | FA553063003 | 1.5 | 8.2 | -0.0 | 10.1 | 7.8 | -0.1 | -2.2 | 3.6 | -1.3 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | FA563063003 | 149.3 | 115.4 | 57.3 | 106.9 | 79.5 | 20.3 | 12.0 | 63.4 | 133.6 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | FA403063005 | -2.6 | -1.2 | 1.3 | -0.5 | -0.7 | 0.2 | 1.8 | 2.1 | 1.1 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | FA403063605 | -2.2 | -0.9 | 1.7 | -0.2 | -0.3 | 0.6 | 2.2 | 2.5 | 1.5 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA403063095 | -0.3 | -0.3 | -0.4 | -0.3 | -0.3 | -0.4 | -0.4 | -0.4 | -0.4 | 39 |
| Finance companies; corporate and foreign bonds; asset | FA613063003 | 9.7 | 29.3 | -1.0 | 28.5 | 62.8 | 0.8 | 0.8 | 19.7 | -25.2 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | FA643063005 | -25.1 | 5.0 | 1.6 | 10.1 | 5.5 | 24.3 | -14.7 | 3.0 | -6.1 | 41 |
| Security brokers and dealers; corporate and foreign bonds (net); asset | FA663063005 | 5.9 | -62.0 | -12.6 | -1.7 | -207.1 | -49.4 | 3.6 | 44.4 | -49.0 | 42 |
| Holding companies; corporate and foreign bonds; asset | FA733063003 | -2.5 | 3.6 | 5.2 | -0.1 | 5.3 | -0.1 | 0.1 | 12.3 | 8.7 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FA503063005 | 5.4 | 0.1 | -1.3 | -19.2 | -17.3 | 33.0 | -2.2 | -27.8 | -8.4 | 44 |
| Rest of the world; corporate bonds; asset (4) | FA263063005 | 213.4 | 74.5 | 187.6 | 30.0 | 8.5 | 448.2 | 102.7 | 181.6 | 17.9 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | FA263063603 | 28.8 | 16.1 | 13.5 | -16.6 | 17.5 | 24.8 | 29.1 | 6.2 | -5.9 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA263063095 | 184.5 | 58.4 | 174.1 | 46.6 | -9.0 | 423.5 | 73.6 | 175.4 | 23.8 | 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: March 9, 2023