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 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FA893163005 | 1044.2 | 802 | 384.4 | 1072.9 | 144.3 | 8.7 | 311.5 | 688.7 | 342.4 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 714.3 | 200.7 | -5.3 | 171.9 | -194.4 | 13 | -12 | 583 | 94.4 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FA793163005 | 272.1 | 223.7 | 109.9 | 190.7 | 23.9 | -333.3 | 558.3 | 133.3 | 114.9 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FA763163005 | 54.8 | -64.8 | 77.9 | 73.4 | 82.2 | 11.8 | 144.3 | -128.2 | 16.3 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FA673163005 | 32.7 | 196.7 | 15.7 | 10 | 52.7 | 45.7 | -45.6 | 161.6 | 85.3 | 5 |
| Finance companies; corporate and foreign bonds; liability | FA613163005 | 1.5 | -60.8 | -31.8 | -46 | -43.7 | -103 | 65.4 | 46.2 | 119.5 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FA643163005 | 42.6 | 56.8 | 34.3 | 33.6 | 42.3 | -7.6 | 68.9 | 54 | 6.8 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FA663163003 | 10 | 33.8 | 18.4 | 172.5 | -46.4 | -102.6 | 50 | -27.2 | -72.5 | 8 |
| Holding companies; corporate and foreign bonds; liability | FA733163005 | 130.6 | 62.1 | -4.6 | -52.8 | -63.2 | -177.6 | 275.2 | 26.9 | -40.5 | 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 | 10 |
| Rest of the world; bonds; liability (2) | FA263163005 | 57.8 | 377.5 | 279.8 | 710.3 | 314.7 | 329 | -234.7 | -27.7 | 133.1 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FA893063005 | 1044.2 | 802 | 384.4 | 1072.9 | 144.3 | 8.7 | 311.5 | 688.7 | 342.4 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | FA153063005 | 52 | -203.4 | -300.7 | -502.4 | 83.1 | -944.2 | 160.9 | 331.6 | -533.9 | 13 |
| Federal government; corporate bonds issued by commercial banking under TARP; asset | FA313063763 | 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 | -26 | -6.1 | -7.2 | -2.6 | 3.5 | 5.8 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | FA763063005 | 8.3 | 204.9 | 107.8 | 359.4 | -53 | 31 | 93.7 | 52.1 | -6.6 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | FA763063605 | 3.6 | 31.9 | 14 | 49.5 | 17.5 | 2.8 | -13.9 | -7.5 | -7 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | FA763063095 | 4.7 | 173 | 93.8 | 309.9 | -70.5 | 28.3 | 107.6 | 59.6 | 0.4 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | FA753063005 | 6.8 | 0.8 | 42.2 | 34.9 | 62.9 | 86.7 | -15.7 | -75.1 | 8.3 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | FA743063005 | 3.8 | -0.6 | 2 | 3.7 | 3.4 | 2.2 | -1.2 | -1.4 | 0.3 | 20 |
| Credit unions; corporate and foreign bonds; asset | FA473063005 | 2.6 | 5.2 | 3.2 | 15 | 6.9 | -1.4 | -7.7 | -4.8 | -2.4 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | FA473063605 | 2.5 | 4.9 | 3.1 | 14.6 | 6.8 | -1.6 | -7.6 | -4.5 | -2.2 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA473063095 | 0.1 | 0.3 | 0.1 | 0.4 | 0.1 | 0.1 | -0.1 | -0.3 | -0.2 | 23 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | FA513063005 | 47.1 | 55.1 | 38.9 | 85.1 | 25.4 | 48.4 | -3.5 | 73.4 | 27.5 | 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 | 12 | 9.5 | -28.9 | 26.4 | 29.9 | 10.6 | 15.4 | 6.7 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA513063095 | 36.1 | 43.2 | 29.4 | 114.1 | -1 | 18.5 | -14.1 | 58.1 | 20.8 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | FA543063005 | 196 | 208 | 210.9 | 266.9 | 193.7 | 201.6 | 181.6 | 228.4 | 88.2 | 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 | 31.7 | 239.5 | 93.3 | 94.7 | -300.4 | 41 | 1.1 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA543063095 | 163.8 | 177.4 | 179.2 | 27.4 | 100.4 | 106.9 | 482.1 | 187.4 | 87.1 | 29 |
| Private pension funds; corporate and foreign bonds; asset | FA573063005 | 58.3 | 87.4 | 54.5 | 42.6 | 58.4 | 55.5 | 61.5 | 28.2 | 87.2 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | FA343063005 | 0.9 | -1.4 | 0.1 | 0 | -2.5 | 0.3 | 2.4 | 0.5 | 1.5 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | 57.2 | 41.2 | 88.3 | 156.7 | 112.2 | 154.5 | -70 | 122.8 | 99.9 | 32 |
| Money market funds; corporate and foreign bonds; asset | FA633063005 | -9 | -6.3 | -0.7 | -6.2 | -7.2 | 10.1 | 0.4 | 11.5 | 2 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | FA653063005 | 266.3 | 270.5 | -77.8 | 156 | -302 | 99.5 | -264.8 | -92.3 | 59.7 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | FA553063003 | 1.5 | 8.2 | -0 | -0.1 | -2.2 | 3.6 | -1.3 | 0.4 | 0.6 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | FA563063003 | 149.3 | 115.6 | 61.6 | 21.8 | 12.5 | 64.1 | 147.8 | 36.9 | 113 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | FA403063005 | -2.6 | -1.2 | 1.3 | 0.2 | 1.8 | 2.1 | 1 | 2 | 3.4 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | FA403063605 | -2.2 | -0.9 | 1.7 | 0.6 | 2.2 | 2.5 | 1.6 | 2.6 | 3.8 | 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 | -0.4 | -0.4 | -0.4 | -0.6 | -0.6 | -0.4 | 39 |
| Finance companies; corporate and foreign bonds; asset | FA613063003 | 9.7 | 18.2 | -4.2 | -14.3 | -14.4 | 0.2 | 11.4 | -50.2 | 2.5 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | FA643063005 | -25.1 | 5 | 2.7 | 24.3 | -14 | 4.5 | -3.9 | -5.2 | -1.5 | 41 |
| Security brokers and dealers; corporate and foreign bonds (net); asset | FA663063005 | 5.9 | -62 | -12.6 | -49.4 | 3.6 | 44.4 | -49 | 17.2 | 42.4 | 42 |
| Holding companies; corporate and foreign bonds; asset | FA733063003 | -2.5 | 3.6 | 5 | -0.1 | 0.1 | 12.3 | 7.7 | -12.5 | -2.8 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FA503063005 | 5.4 | 0.1 | -1.3 | 33 | -2.2 | -27.8 | -8.4 | 10.8 | -1.4 | 44 |
| Rest of the world; corporate bonds; asset (4) | FA263063005 | 213.4 | 72.7 | 173.9 | 471.8 | -16 | 168.5 | 71.1 | 11 | 348.8 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | FA263063603 | 26 | 13.1 | 13.2 | 23.5 | 27.9 | 6.6 | -5.3 | 1.8 | 24.5 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA263063095 | 187.4 | 59.6 | 160.7 | 448.3 | -43.9 | 161.9 | 76.4 | 9.2 | 324.3 | 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: September 11, 2023