L.208 Debt Securities (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2020 2021 2022 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 Line
All sectors; total debt securities; liability FL894122005 53010.8 56247.4 58692.4 54919.2 56247.4 57243.3 57336.5 57849.2 58692.4 1
All sectors; open market paper; liability FL893169175 925.5 1089.4 1261.5 1076.0 1089.4 1177.2 1201.5 1203.5 1261.5 2
Federal government; Treasury securities; liability FL313161105 23600.9 25284.7 26831.6 24249.9 25284.7 26016.5 26050.7 26468.7 26831.6 3
All sectors; U.S. government agency securities; liability FL893161705 10086.7 10699.1 11717.5 10535.9 10699.1 10926.8 11195.4 11442.4 11717.5 4
Domestic nonfinancial sectors; municipal securities; liability FL383162005 3991.1 4068.3 4010.8 4059.0 4068.3 4047.1 4050.7 4033.8 4010.8 5
All sectors; corporate and foreign bonds; liability FL893163005 14406.7 15105.8 14871.1 14998.3 15105.8 15075.7 14838.2 14700.7 14871.1 6
All sectors; total debt securities; liability FL894122005 53010.8 56247.4 58692.4 54919.2 56247.4 57243.3 57336.5 57849.2 58692.4 7
Domestic nonfinancial sectors; debt securities; liability FL384122005 34283.0 36247.3 37790.2 35226.1 36247.3 37048.9 37038.1 37452.4 37790.2 8
Nonprofit organizations; municipal securities; liability (2) FL163162003 202.2 200.5 199.8 201.5 200.5 202.6 200.2 199.5 199.8 9
Nonfinancial corporate business; debt securities; liability FL104122005 7276.4 7490.9 7545.4 7511.8 7490.9 7586.3 7540.7 7548.5 7545.4 10
Federal government; debt securities; liability FL314122005 23621.1 25304.5 26851.4 24269.4 25304.5 26035.9 26070.4 26488.1 26851.4 11
State and local governments; municipal securities; liability FL213162005 3183.3 3251.4 3193.5 3243.3 3251.4 3224.1 3226.9 3216.4 3193.5 12
Domestic financial sectors; debt securities; liability FL794122005 14973.9 15767.7 17133.3 15482.9 15767.7 16164.7 16501.8 16719.6 17133.3 13
U.S.-chartered depository institutions; debt securities; liability FL764122005 436.9 342.0 466.4 336.3 342.0 375.6 417.9 424.0 466.4 14
Foreign banking offices in the U.S.; open market paper; liability FL753169175 65.3 60.4 112.2 52.4 60.4 84.8 104.1 105.6 112.2 15
Government-sponsored enterprises; GSE issues; liability FL403161705 7638.1 8177.6 9009.8 8041.7 8177.6 8372.6 8591.9 8785.7 9009.8 16
Agency-and GSE-backed mortgage pools; total mortgages; asset FL413065005 2428.3 2501.8 2687.9 2474.7 2501.8 2534.7 2583.8 2637.4 2687.9 17
Issuers of asset-backed securities; debt securities; liability FL674122005 1226.3 1383.0 1463.7 1310.3 1383.0 1420.9 1449.6 1466.3 1463.7 18
Finance companies; debt securities; liability FL614122005 815.2 769.1 813.1 761.7 769.1 768.2 785.0 812.1 813.1 19
Real estate investment trusts; debt securities; liability FL644122005 581.9 634.5 666.8 616.0 634.5 643.0 653.1 651.0 666.8 20
Security brokers and dealers; corporate and foreign bonds; liability FL663163003 183.9 217.7 236.1 214.6 217.7 260.8 249.2 223.6 236.1 21
Holding companies; debt securities; liability FL734122005 1479.9 1544.9 1541.8 1517.7 1544.9 1531.1 1516.6 1472.6 1541.8 22
Other financial business; debt securities; liability FL504122005 118.2 136.7 135.5 157.5 136.7 173.0 150.6 141.3 135.5 23
Rest of the world; debt securities, excluding negotiable certificates of deposit; liability LM264122005 3753.9 4232.4 3768.9 4210.2 4232.4 4029.7 3796.5 3677.2 3768.9 24
All sectors; total debt securities; asset FL894022005 55768.1 57623.4 53918.1 56482.7 57623.4 55962.5 53967.1 52543.2 53918.1 25
Domestic nonfinancial sectors; debt securities; asset FL384022005 6405.6 5755.5 7210.6 5917.1 5755.5 5796.0 6109.8 6553.3 7210.6 26
Households and nonprofit organizations; debt securities; asset LM154022005 4060.3 3138.6 4523.8 3351.0 3138.6 3257.8 3421.3 3940.5 4523.8 27
Nonfinancial corporate business; debt securities; asset LM104022005 364.3 384.0 387.6 370.3 384.0 360.7 384.1 344.8 387.6 28
Nonfinancial noncorporate business; debt securities; asset LM114022005 82.3 80.8 81.4 79.3 80.8 76.8 78.8 80.3 81.4 29
Federal government; debt securities; asset FL314022005 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 30
State and local governments; debt securities; asset LM214022005 1898.1 2151.8 2217.3 2116.0 2151.8 2100.2 2225.1 2187.2 2217.3 31
Domestic financial sectors; debt securities; asset FL794022005 36108.3 38261.2 33986.6 37089.6 38261.2 36980.9 35150.7 33653.8 33986.6 32
Monetary authority; debt securities; asset LM714022005 7422.2 8733.2 7329.4 8412.3 8733.2 8470.4 8043.4 7507.3 7329.4 33
U.S.-chartered depository institutions; debt securities; asset LM764022005 5202.1 6319.5 5620.5 6056.0 6319.5 6242.9 6017.0 5659.8 5620.5 34
Foreign banking offices in the U.S.; debt securities; asset LM754022005 313.5 286.1 300.6 289.5 286.1 280.8 295.5 304.4 300.6 35
Banks in U.S.-affiliated areas; debt securities; asset LM744022003 41.3 47.5 50.9 47.3 47.5 47.8 51.3 54.5 50.9 36
Credit unions; debt securities; asset LM474022005 311.1 403.1 388.6 387.2 403.1 414.7 413.9 395.5 388.6 37
Property-casualty insurance companies; debt securities; asset LM514022005 1270.2 1320.1 1198.0 1311.6 1320.1 1231.8 1179.5 1144.1 1198.0 38
Life insurance companies; debt securities; asset LM544022005 4431.1 4452.1 3925.6 4412.2 4452.1 4170.6 3912.5 3755.8 3925.6 39
Private pension funds; debt securities; asset LM574022005 1719.6 1682.3 1480.3 1681.0 1682.3 1578.0 1500.3 1439.4 1480.3 40
Federal government retirement funds; debt securities; asset LM344022005 2326.6 2483.6 2719.1 2140.4 2483.6 2512.1 2535.2 2580.0 2719.1 41
State and local government employee defined benefit retirement funds retirement funds; debt securities; asset LM224022045 1077.3 1202.4 1031.0 1182.3 1202.4 1144.7 1061.7 992.5 1031.0 42
Money market funds; debt securities; asset FL634022005 3525.2 2568.8 2022.0 2534.5 2568.8 2514.9 2224.6 2113.2 2022.0 43
Mutual funds; debt securities; asset (market value) LM654022005 5539.4 5897.6 4845.1 5860.9 5897.6 5561.1 5088.1 4807.3 4845.1 44
Closed-end funds; debt securities; asset LM554022005 175.7 186.6 153.0 185.7 186.6 173.4 159.0 150.1 153.0 45
Exchange-traded funds; debt securities; asset LM564022005 1041.5 1214.4 1252.1 1173.0 1214.4 1179.3 1172.0 1175.8 1252.1 46
Government-sponsored enterprises; debt securities; asset LM404022005 520.1 430.2 392.6 440.1 430.2 432.8 404.3 398.8 392.6 47
Issuers of asset-backed securities; debt securities; asset FL674022005 30.3 31.9 36.4 28.7 31.9 34.5 35.7 36.3 36.4 48
Finance companies; corporate and foreign bonds; asset LM613063003 73.6 98.7 79.7 83.8 98.7 90.6 83.9 83.8 79.7 49
Real estate investment trusts; debt securities; asset LM644022005 236.8 200.2 176.7 197.3 200.2 192.6 176.0 183.6 176.7 50
Security brokers and dealers; debt securities; asset LM664022005 389.1 196.6 311.4 204.4 196.6 139.0 175.5 246.4 311.4 51
Holding companies; long-term debt securities; asset LM734022605 122.4 146.4 183.0 139.1 146.4 148.9 166.4 176.4 183.0 52
Other financial business; debt securities; asset FL504022005 339.1 359.9 490.6 322.3 359.9 420.0 454.8 448.9 490.6 53
Rest of the world; debt securities, excluding negotiable certificates of deposit; asset LM264022005 13254.2 13606.6 12720.9 13476.0 13606.6 13185.6 12706.6 12336.1 12720.9 54
Instrument discrepancies; debt securities (level) (3) LM904022005 -2757.3 -1376.0 4774.3 -1563.6 -1376.0 1280.8 3369.4 5306.0 4774.3 55

NOTES

  1. Sum of open market paper, Treasury securities, agency- and GSE-backed securities, municipal securities, and corporate and foreign bonds.
  2. Liability of the households and nonprofit organizations sector (tables L.101 and B.101).
  3. The accumulated valuation difference between issuance and holdings.
Last Update: March 9, 2023