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 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FL893163005 | 14408.9 | 15403.4 | 15115.5 | 15355.4 | 15101.6 | 14903.7 | 15115.5 | 15356.1 | 15403.3 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FL103163003 | 6540.9 | 6741.6 | 6736.2 | 6784.6 | 6736 | 6739.2 | 6736.2 | 6882 | 6905.6 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FL793163005 | 4331.9 | 4865.2 | 4974 | 4905.8 | 4903.5 | 4823.3 | 4974 | 5000.5 | 5019.2 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FL763163005 | 256.5 | 191.7 | 269.6 | 210 | 230.6 | 233.6 | 269.6 | 237.6 | 241.7 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FL673163005 | 1061.5 | 1256.4 | 1271 | 1251.9 | 1256.7 | 1271.3 | 1271 | 1304.6 | 1315.9 | 5 |
| Finance companies; corporate and foreign bonds; liability | FL613163005 | 773.4 | 1028 | 996.1 | 1016.5 | 1005.6 | 979.8 | 996.1 | 1007.7 | 1037.6 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FL643163005 | 581.9 | 634.5 | 668.8 | 642.9 | 653.5 | 651.6 | 668.8 | 682.3 | 684 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FL663163003 | 183.9 | 217.7 | 236.1 | 260.8 | 249.2 | 223.6 | 236.1 | 229.3 | 211.2 | 8 |
| Holding companies; corporate and foreign bonds; liability | FL733163005 | 1474.8 | 1536.8 | 1532.2 | 1523.6 | 1507.8 | 1463.4 | 1532.2 | 1539 | 1528.8 | 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 | 10 |
| Rest of the world; bonds; liability (2) | LM263163005 | 3536.2 | 3796.7 | 3405.3 | 3665.1 | 3462.1 | 3341.2 | 3405.3 | 3473.6 | 3478.5 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FL893063005 | 15140.9 | 15636.8 | 13468.9 | 14707.4 | 13628.8 | 13077.6 | 13468.9 | 13906.2 | 13998.8 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | LM153063005 | 285.8 | 383.9 | 258.5 | 254.2 | 253.1 | 253 | 258.5 | 263.8 | 266.8 | 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 | 223.9 | 192.4 | 146.9 | 169.7 | 155 | 143.7 | 146.9 | 151.8 | 151.7 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | LM763063005 | 511 | 710.6 | 778.7 | 787.6 | 761.7 | 753.2 | 778.7 | 796.5 | 792.3 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | LM763063605 | 88.7 | 118.8 | 121.1 | 126.5 | 127.1 | 124.3 | 121.1 | 120 | 117.5 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | LM763063095 | 422.2 | 591.8 | 657.6 | 661 | 634.5 | 629 | 657.6 | 676.5 | 674.8 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | LM753063005 | 153 | 145.6 | 160.1 | 142.1 | 146.9 | 159.8 | 160.1 | 145.8 | 146.3 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | LM743063005 | 12.5 | 11.3 | 11.1 | 11.3 | 11.2 | 11.1 | 11.1 | 11.1 | 11 | 20 |
| Credit unions; corporate and foreign bonds; asset | LM473063005 | 16.2 | 20.6 | 19.5 | 22.6 | 22.6 | 20.9 | 19.5 | 18.8 | 18 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | LM473063605 | 15.7 | 19.7 | 18.7 | 21.7 | 21.8 | 20.1 | 18.7 | 18.1 | 17.3 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM473063095 | 0.6 | 0.8 | 0.8 | 0.9 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 23 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | LM513063005 | 660.7 | 702.4 | 649.2 | 674.9 | 640.8 | 626 | 649.2 | 685.3 | 685.2 | 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 | 128.1 | 131 | 125.1 | 123 | 128.1 | 135.4 | 135.7 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM513063095 | 506.5 | 550.1 | 521.1 | 544 | 515.7 | 503 | 521.1 | 549.9 | 549.4 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 3555.8 | 3632.5 | 3141.8 | 3386 | 3166.3 | 3017.8 | 3141.8 | 3286.1 | 3274 | 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 | 638.1 | 624 | 603.4 | 594.8 | 638.1 | 665.9 | 659.3 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM543063095 | 2930.5 | 3016.5 | 2503.7 | 2762 | 2563 | 2423.1 | 2503.7 | 2620.2 | 2614.7 | 29 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 978.1 | 1012.2 | 879.4 | 937.6 | 880.4 | 841.4 | 879.4 | 910.6 | 923 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | LM343063005 | 17.3 | 15 | 12.3 | 13.7 | 12 | 11.4 | 12.3 | 12.8 | 13 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | LM223063045 | 542.6 | 554.6 | 536.9 | 547.1 | 533.3 | 539.8 | 536.9 | 602.3 | 621.1 | 32 |
| Money market funds; corporate and foreign bonds; asset | FL633063005 | 13.5 | 7.2 | 6.4 | 5.6 | 3.8 | 6.3 | 6.4 | 9.3 | 9.8 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | LM653063005 | 2608 | 2734 | 2129.2 | 2533.2 | 2253.1 | 2134.6 | 2129.2 | 2167.1 | 2158.8 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | LM553063003 | 77.8 | 85.3 | 68.2 | 80.5 | 69.7 | 67.2 | 68.2 | 67.4 | 66.9 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | LM563063003 | 708.1 | 799.9 | 753.6 | 761.2 | 720.8 | 708.7 | 753.6 | 779.6 | 801.1 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | LM403063005 | 13.5 | 12.3 | 12.6 | 12.1 | 12.2 | 12.4 | 12.6 | 13.2 | 13.9 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | LM403063605 | 10.2 | 9.3 | 10.1 | 9.2 | 9.5 | 9.8 | 10.1 | 10.9 | 11.7 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM403063095 | 3.3 | 3 | 2.5 | 2.9 | 2.7 | 2.6 | 2.5 | 2.3 | 2.2 | 39 |
| Finance companies; corporate and foreign bonds; asset | LM613063003 | 73.6 | 68.3 | 52 | 59 | 50.9 | 47.9 | 52 | 40.9 | 41.1 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | LM643063005 | 28.4 | 31.7 | 28.2 | 35.2 | 29 | 28.4 | 28.2 | 27.6 | 27 | 41 |
| Security brokers and dealers; corporate and foreign bonds (net); asset | LM663063005 | 81.2 | 14.8 | 1.1 | 1.2 | 2 | 13 | 1.1 | 5.5 | 16 | 42 |
| Holding companies; corporate and foreign bonds; asset | LM733063003 | 27 | 29.2 | 28.9 | 26.7 | 24.7 | 26.2 | 28.9 | 26.5 | 25.6 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FL503063005 | 70.8 | 70.9 | 69.6 | 79.2 | 78.6 | 71.7 | 69.6 | 72.3 | 71.9 | 44 |
| Rest of the world; corporate bonds; asset (4) | LM263063005 | 4481.7 | 4401.6 | 3724.3 | 4166.4 | 3800.3 | 3582.6 | 3724.3 | 3811.6 | 3863.8 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | LM263063603 | 362.8 | 355.5 | 344.8 | 350.3 | 348.4 | 348.5 | 344.8 | 348.5 | 353.5 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM263063095 | 4118.9 | 4046.1 | 3379.5 | 3816.1 | 3452 | 3234.1 | 3379.5 | 3463.2 | 3510.3 | 47 |
| Instrument discrepancies; corporate and foreign bonds (level) (5) | LM903063003 | -732 | -233.4 | 1646.6 | 648 | 1472.7 | 1826.1 | 1646.6 | 1449.9 | 1404.6 | 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: September 11, 2023