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 | 2022 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FL103163003 | 6538.6 | 6736.2 | 6730.5 | 6775.2 | 6736.2 | 6777.1 | 6728.9 | 6731.7 | 6730.5 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FL793163005 | 4331.9 | 4558.9 | 4736.3 | 4464.7 | 4558.9 | 4612.5 | 4636.7 | 4606.1 | 4736.3 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FL763163005 | 256.5 | 207.1 | 270.1 | 204.1 | 207.1 | 224.0 | 244.4 | 247.4 | 270.1 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FL673163005 | 1061.5 | 1234.9 | 1266.2 | 1196.0 | 1234.9 | 1230.0 | 1235.5 | 1250.0 | 1266.2 | 5 |
| Finance companies; corporate and foreign bonds; liability | FL613163005 | 773.4 | 727.9 | 764.9 | 722.7 | 727.9 | 731.1 | 746.6 | 770.7 | 764.9 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FL643163005 | 581.9 | 634.5 | 666.8 | 616.0 | 634.5 | 643.0 | 653.1 | 651.0 | 666.8 | 7 |
| 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 | 8 |
| Holding companies; corporate and foreign bonds; liability | FL733163005 | 1474.8 | 1536.8 | 1532.2 | 1511.2 | 1536.8 | 1523.6 | 1507.8 | 1463.4 | 1532.2 | 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 | 3404.3 | 3758.4 | 3810.7 | 3686.0 | 3472.7 | 3362.8 | 3404.3 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FL893063005 | 15152.4 | 15421.6 | 13434.2 | 15383.3 | 15421.6 | 14607.2 | 13523.4 | 12971.2 | 13434.2 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | LM153063005 | 297.7 | 230.9 | 227.2 | 229.6 | 230.9 | 227.9 | 225.4 | 223.9 | 227.2 | 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 | 146.9 | 193.7 | 192.4 | 169.7 | 154.9 | 143.7 | 146.9 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | LM763063005 | 511.0 | 710.5 | 778.8 | 687.7 | 710.5 | 787.5 | 761.7 | 753.2 | 778.8 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | LM763063605 | 88.7 | 118.8 | 121.2 | 107.2 | 118.8 | 126.5 | 127.2 | 124.3 | 121.2 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | LM763063095 | 422.2 | 591.7 | 657.5 | 580.5 | 591.7 | 661.0 | 634.5 | 628.9 | 657.5 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | LM753063005 | 153.0 | 145.6 | 162.2 | 144.6 | 145.6 | 142.1 | 146.9 | 159.8 | 162.2 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | LM743063005 | 12.5 | 11.3 | 11.1 | 11.7 | 11.3 | 11.3 | 11.2 | 11.1 | 11.1 | 20 |
| Credit unions; corporate and foreign bonds; asset | LM473063005 | 16.2 | 20.6 | 20.7 | 18.7 | 20.6 | 22.6 | 22.6 | 20.8 | 20.7 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | LM473063605 | 15.7 | 19.7 | 19.9 | 17.9 | 19.7 | 21.7 | 21.8 | 20.0 | 19.9 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM473063095 | 0.6 | 0.8 | 0.8 | 0.8 | 0.8 | 0.9 | 0.8 | 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 | 617.2 | 690.6 | 702.4 | 664.3 | 619.1 | 593.4 | 617.2 | 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 | 131.3 | 152.4 | 152.4 | 144.1 | 134.2 | 128.5 | 131.3 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM513063095 | 506.5 | 550.1 | 485.9 | 538.2 | 550.1 | 520.2 | 484.9 | 464.9 | 485.9 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 3555.8 | 3632.5 | 3182.0 | 3576.9 | 3632.5 | 3405.5 | 3183.2 | 3047.0 | 3182.0 | 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 | 523.4 | 613.6 | 616.0 | 573.9 | 536.2 | 511.9 | 523.4 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM543063095 | 2930.5 | 3016.5 | 2658.6 | 2963.2 | 3016.5 | 2831.6 | 2647.0 | 2535.2 | 2658.6 | 29 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 979.9 | 949.7 | 797.3 | 951.9 | 949.7 | 874.7 | 812.4 | 769.7 | 797.3 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | LM343063005 | 17.3 | 15.0 | 11.4 | 15.8 | 15.0 | 13.7 | 12.0 | 11.1 | 11.4 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | LM223063045 | 530.7 | 566.2 | 555.1 | 560.1 | 566.2 | 547.9 | 517.7 | 514.7 | 555.1 | 32 |
| Money market funds; corporate and foreign bonds; asset | FL633063005 | 13.5 | 7.2 | 6.4 | 9.8 | 7.2 | 5.6 | 3.8 | 6.3 | 6.4 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | LM653063005 | 2608.0 | 2734.0 | 2153.8 | 2713.0 | 2734.0 | 2533.1 | 2253.1 | 2134.1 | 2153.8 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | LM553063003 | 77.8 | 85.3 | 68.2 | 85.9 | 85.3 | 80.5 | 69.7 | 67.3 | 68.2 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | LM563063003 | 708.3 | 799.9 | 749.6 | 789.5 | 799.9 | 760.7 | 720.3 | 708.1 | 749.6 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | LM403063005 | 13.5 | 12.3 | 12.5 | 12.5 | 12.3 | 12.1 | 12.2 | 12.4 | 12.5 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | LM403063605 | 10.2 | 9.3 | 10.0 | 9.4 | 9.3 | 9.2 | 9.5 | 9.8 | 10.0 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM403063095 | 3.3 | 3.0 | 2.4 | 3.1 | 3.0 | 2.9 | 2.7 | 2.6 | 2.4 | 39 |
| 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 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | LM643063005 | 28.4 | 31.7 | 27.0 | 30.6 | 31.7 | 35.2 | 28.8 | 27.8 | 27.0 | 41 |
| Security brokers and dealers; corporate and foreign bonds (net); asset | LM663063005 | 81.2 | 14.8 | 1.1 | 67.2 | 14.8 | 1.2 | 2.0 | 13.0 | 1.1 | 42 |
| Holding companies; corporate and foreign bonds; asset | LM733063003 | 27.0 | 29.2 | 29.1 | 28.1 | 29.2 | 26.7 | 24.7 | 26.2 | 29.1 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FL503063005 | 70.8 | 70.9 | 69.6 | 75.2 | 70.9 | 79.2 | 78.6 | 71.7 | 69.6 | 44 |
| Rest of the world; corporate bonds; asset (4) | LM263063005 | 4491.3 | 4359.9 | 3726.8 | 4405.9 | 4359.9 | 4114.7 | 3778.6 | 3571.7 | 3726.8 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | LM263063603 | 362.9 | 364.6 | 362.0 | 362.9 | 364.6 | 363.7 | 366.0 | 366.0 | 362.0 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM263063095 | 4128.5 | 3995.3 | 3364.8 | 4043.0 | 3995.3 | 3751.0 | 3412.6 | 3205.7 | 3364.8 | 47 |
| Instrument discrepancies; corporate and foreign bonds (level) (5) | LM903063003 | -745.7 | -315.7 | 1436.9 | -385.0 | -315.7 | 468.4 | 1314.8 | 1729.5 | 1436.9 | 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: March 9, 2023