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 | 2019 | 2020 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FL893163005 | 13159.0 | 14405.4 | 15109.3 | 14914.5 | 15079.4 | 14833.6 | 14697.7 | 14914.5 | 14952.0 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FL103163003 | 5826.3 | 6537.3 | 6734.4 | 6727.4 | 6775.8 | 6727.2 | 6728.9 | 6727.4 | 6872.7 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FL793163005 | 4065.8 | 4331.9 | 4564.2 | 4752.5 | 4617.5 | 4633.7 | 4604.3 | 4752.5 | 4753.2 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FL763163005 | 201.7 | 256.5 | 207.1 | 284.9 | 224.0 | 244.4 | 247.4 | 284.9 | 274.6 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FL673163005 | 1034.9 | 1061.5 | 1240.2 | 1256.4 | 1235.1 | 1240.4 | 1255.0 | 1256.4 | 1267.3 | 5 |
| Finance companies; corporate and foreign bonds; liability | FL613163005 | 771.8 | 773.4 | 727.9 | 774.5 | 731.1 | 738.8 | 763.9 | 774.5 | 761.4 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FL643163005 | 539.3 | 581.9 | 634.5 | 668.3 | 642.9 | 653.0 | 651.0 | 668.3 | 681.6 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FL663163003 | 173.9 | 183.9 | 217.7 | 236.1 | 260.8 | 249.2 | 223.6 | 236.1 | 229.3 | 8 |
| Holding companies; corporate and foreign bonds; liability | FL733163005 | 1344.2 | 1474.8 | 1536.8 | 1532.2 | 1523.6 | 1507.8 | 1463.4 | 1532.2 | 1539.0 | 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 | 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 | 3266.9 | 3536.2 | 3810.7 | 3434.6 | 3686.0 | 3472.7 | 3364.5 | 3434.6 | 3326.0 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FL893063005 | 13339.2 | 15139.9 | 15437.5 | 13430.3 | 14623.3 | 13560.2 | 13032.1 | 13430.3 | 13944.2 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | LM153063005 | 228.0 | 284.9 | 255.9 | 258.5 | 254.2 | 253.1 | 253.0 | 258.5 | 263.8 | 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 | 211.9 | 223.9 | 192.4 | 146.9 | 169.7 | 154.9 | 143.7 | 146.9 | 151.8 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | LM763063005 | 499.5 | 511.0 | 710.6 | 778.8 | 787.6 | 761.8 | 753.3 | 778.8 | 797.2 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | LM763063605 | 84.7 | 88.7 | 118.8 | 121.2 | 126.5 | 127.2 | 124.3 | 121.2 | 120.9 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | LM763063095 | 414.7 | 422.2 | 591.8 | 657.6 | 661.0 | 634.5 | 629.0 | 657.6 | 676.3 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | LM753063005 | 134.7 | 153.0 | 145.6 | 162.2 | 142.1 | 146.9 | 159.8 | 162.2 | 145.8 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | LM743063005 | 7.8 | 12.5 | 11.3 | 11.1 | 11.3 | 11.2 | 11.1 | 11.1 | 11.1 | 20 |
| Credit unions; corporate and foreign bonds; asset | LM473063005 | 12.6 | 16.2 | 20.6 | 20.1 | 22.6 | 22.6 | 20.8 | 20.1 | 19.6 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | LM473063605 | 12.1 | 15.7 | 19.7 | 19.3 | 21.7 | 21.8 | 20.0 | 19.3 | 18.9 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM473063095 | 0.5 | 0.6 | 0.8 | 0.8 | 0.9 | 0.8 | 0.8 | 0.8 | 0.7 | 23 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | LM513063005 | 594.8 | 660.6 | 702.4 | 649.2 | 674.9 | 640.8 | 626.0 | 649.2 | 685.3 | 24 |
| Property-casualty insurance companies; mortgage-backed securities and other asset-backed bonds, including those held by U.S. residual market reinsurers; asset | LM513063605 | 138.8 | 154.2 | 152.4 | 128.1 | 130.9 | 125.1 | 123.0 | 128.1 | 135.4 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM513063095 | 456.0 | 506.5 | 550.1 | 521.1 | 544.0 | 515.7 | 503.0 | 521.1 | 549.9 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 3175.3 | 3555.8 | 3632.5 | 3141.8 | 3386.0 | 3166.3 | 3017.8 | 3141.8 | 3286.1 | 27 |
| Life insurance companies, general accounts; mortgage-backed securities and other asset-backed bonds, including those held by U.S. captive reinsurers; asset | LM543063675 | 561.3 | 625.3 | 616.0 | 638.1 | 624.0 | 603.4 | 594.8 | 638.1 | 665.9 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM543063095 | 2614.0 | 2930.5 | 3016.5 | 2503.7 | 2762.0 | 2563.0 | 2423.1 | 2503.7 | 2620.2 | 29 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 866.5 | 979.9 | 949.7 | 801.3 | 874.7 | 812.7 | 771.5 | 801.3 | 831.9 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | LM343063005 | 15.6 | 17.3 | 15.0 | 11.8 | 13.7 | 12.0 | 11.4 | 11.8 | 12.3 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | LM223063045 | 446.4 | 540.3 | 564.5 | 522.8 | 545.4 | 515.7 | 521.2 | 522.8 | 553.3 | 32 |
| Money market funds; corporate and foreign bonds; asset | FL633063005 | 22.5 | 13.5 | 7.2 | 6.4 | 5.6 | 3.8 | 6.3 | 6.4 | 9.3 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | LM653063005 | 2242.4 | 2608.0 | 2734.0 | 2128.8 | 2533.2 | 2253.1 | 2134.6 | 2128.8 | 2209.3 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | LM553063003 | 75.1 | 77.8 | 85.3 | 68.3 | 80.5 | 69.7 | 67.3 | 68.3 | 68.1 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | LM563063003 | 533.6 | 708.6 | 800.8 | 754.1 | 761.9 | 721.5 | 709.4 | 754.1 | 782.1 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | LM403063005 | 16.5 | 13.5 | 12.3 | 12.6 | 12.1 | 12.2 | 12.4 | 12.6 | 13.2 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | LM403063605 | 12.9 | 10.2 | 9.3 | 10.1 | 9.2 | 9.5 | 9.8 | 10.1 | 10.9 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM403063095 | 3.6 | 3.3 | 3.0 | 2.5 | 2.9 | 2.7 | 2.6 | 2.5 | 2.3 | 39 |
| Finance companies; corporate and foreign bonds; asset | LM613063003 | 60.0 | 73.6 | 98.7 | 87.6 | 90.6 | 83.9 | 83.8 | 87.6 | 89.6 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | LM643063005 | 52.2 | 28.4 | 31.7 | 27.8 | 35.2 | 28.9 | 27.8 | 27.8 | 27.0 | 41 |
| Security brokers and dealers; corporate and foreign bonds (net); asset | LM663063005 | 70.7 | 81.2 | 14.8 | 1.1 | 1.2 | 2.0 | 13.0 | 1.1 | 7.4 | 42 |
| Holding companies; corporate and foreign bonds; asset | LM733063003 | 27.9 | 27.0 | 29.2 | 28.9 | 26.7 | 24.7 | 26.2 | 28.9 | 26.5 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FL503063005 | 65.4 | 70.8 | 70.9 | 69.6 | 79.2 | 78.6 | 71.7 | 69.6 | 72.4 | 44 |
| Rest of the world; corporate bonds; asset (4) | LM263063005 | 3979.5 | 4481.7 | 4351.6 | 3739.9 | 4114.6 | 3783.2 | 3589.5 | 3739.9 | 3880.6 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | LM263063603 | 338.8 | 362.9 | 370.4 | 373.4 | 372.3 | 377.5 | 377.5 | 373.4 | 387.4 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM263063095 | 3640.6 | 4118.9 | 3981.2 | 3366.6 | 3742.3 | 3405.7 | 3212.0 | 3366.6 | 3493.2 | 47 |
| Instrument discrepancies; corporate and foreign bonds (level) (5) | LM903063003 | -180.2 | -734.5 | -328.2 | 1484.3 | 456.0 | 1273.4 | 1665.5 | 1484.3 | 1007.8 | 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: June 8, 2023