Financial Accounts of the United States - Z.1
F.209 Open Market Paper
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2021 | 2022 | 2023 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; open market paper; liability | FA893169175 | 27.3 | 151.9 | 25.9 | 235.3 | 141.1 | -315.4 | 71 | 278.9 | 69 | 1 |
| All sectors; commercial paper; liability | FA893169105 | 27.3 | 151.9 | 25.9 | 235.3 | 141.1 | -315.4 | 71 | 278.9 | 69 | 2 |
| Nonfinancial corporate business; commercial paper; liability | FA103169100 | 6 | 59.3 | 20.2 | 169 | -52.1 | -72 | 21 | 59.3 | 72.6 | 3 |
| Rest of the world; commercial paper; liability | FA263169105 | 105 | -113.8 | -12.3 | -10.8 | -11.4 | -134.6 | -4.9 | 88.1 | 2.4 | 4 |
| Rest of the world; commercial paper issued by nonfinancial firms; liability | FA263169110 | 12.6 | -11.1 | -6.3 | 16.5 | 20.6 | 18.5 | 11.8 | 21.6 | -77.1 | 5 |
| Rest of the world; commercial paper issued by financial firms; liability | FA263169123 | 92.4 | -102.7 | -6 | -27.3 | -32.1 | -153.1 | -16.7 | 66.5 | 79.5 | 6 |
| Domestic financial sectors; commercial paper; liability | FA793169100 | -83.8 | 206.4 | 17.9 | 77.1 | 204.6 | -108.8 | 54.9 | 131.5 | -6 | 7 |
| U.S.-chartered depository institutions; asset-backed commercial paper; liability | FA763169103 | -60.3 | 75.9 | 6.3 | 11.9 | 131.1 | -73 | 62.4 | 20.1 | 15.8 | 8 |
| Foreign banking offices in the U.S.; asset-backed commercial paper; liability | FA753169103 | -11.5 | 58.3 | 44.8 | 5.9 | 57.5 | 3.3 | 44 | 12.2 | 119.6 | 9 |
| Issuers of asset-backed securities; commercial paper, excluding U.S.-chartered commercial banks' asset-backed commercial paper; liability | FA673169105 | -32.9 | 65.2 | -57.9 | 26.4 | 12 | -42.3 | -35.5 | -68.6 | -85.3 | 10 |
| Finance companies; commercial paper; liability | FA613169100 | -0.4 | 8.9 | 10.7 | 30.9 | 23.1 | -21.5 | 29.3 | 21.2 | 13.8 | 11 |
| Mortgage real estate investment trusts; commercial paper; liability | FA643169173 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 |
| Holding companies; commercial paper; liability | FA733169103 | 3 | 1.4 | 3.1 | 1.5 | 1.4 | -2.2 | 13.6 | -5.5 | 6.5 | 13 |
| Other financial business; commercial paper; liability | FA503169105 | 18.4 | -3.2 | 11 | 0.4 | -20.4 | 26.9 | -58.8 | 152.2 | -76.3 | 14 |
| Private depository institutions; bankers' acceptances; liability (1) | FA703169605 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 |
| U.S.-chartered depository institutions; bankers' acceptances; liability | FA763169603 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16 |
| Foreign banking offices in the U.S.; bankers' acceptances; liability | FA753169603 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17 |
| All sectors; open market paper; liability | FA893169175 | 27.3 | 151.9 | 25.9 | 235.3 | 141.1 | -315.4 | 71 | 278.9 | 69 | 18 |
| Nonfinancial corporate business; commercial paper; asset | FA103069100 | 5.4 | -51.5 | 28.5 | -161.6 | -26.8 | 24.6 | -40.8 | 120.1 | 10.3 | 19 |
| State and local governments; commercial paper; asset | FA213069103 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 20 |
| Monetary authority; bankers' acceptances; asset | FA713069603 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21 |
| U.S.-chartered depository institutions; open market paper; asset (1) | FA763069175 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22 |
| Foreign banking offices in the U.S.; bankers' acceptances; asset (1) | FA753069603 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23 |
| Credit unions; commercial paper held by Corporate Credit Unions; asset | FA473069153 | -0.1 | -0.2 | -0.1 | -1.2 | 0 | -0.2 | -0.1 | 0 | 0 | 24 |
| Property-casualty insurance companies; commercial paper, including those held by U.S. residual market reinsurers; asset | FA513069105 | -4.4 | -0.2 | 3 | 0.7 | 3.6 | 0.7 | 0.6 | 6.4 | 4.4 | 25 |
| Life insurance companies; commercial paper; asset | FA543069105 | 7.1 | -16.1 | 4.2 | -2 | -10.8 | 0.7 | 3.6 | 6.9 | 5.8 | 26 |
| Private pension funds; total commercial paper; asset | FA573069105 | 1.2 | 2.2 | 2.5 | 2.3 | 2.3 | 2.4 | 2.8 | 2.1 | 2.5 | 27 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FA223069143 | 11.7 | -9.2 | 2.6 | -37.3 | -13.5 | 0.6 | 2.4 | 8 | -0.6 | 28 |
| Money market funds; open market paper; asset | FA633069175 | -6 | 27.6 | 48 | 111.5 | 123.4 | -89.3 | 24.7 | 134.5 | 122.2 | 29 |
| Mutual funds; commercial paper; asset | FA653069100 | -10.5 | 0.2 | 15.6 | 20.9 | -2.4 | -8 | 31.4 | 34.5 | 4.6 | 30 |
| Government-sponsored enterprises; commercial paper; asset | FA403069105 | -2.6 | 5.5 | 1.4 | 7.8 | 1.5 | -3.6 | 2.7 | 4.2 | 2.2 | 31 |
| Security brokers and dealers; commercial paper; asset | FA663069103 | 8.1 | 2.7 | 0.6 | 31.1 | -17.6 | 37.1 | 2.8 | -17 | -20.3 | 32 |
| Other financial business; commercial paper; asset | FA503069105 | 13.3 | 133 | -73.2 | 86.4 | 19.3 | -225.2 | -76.6 | 60.8 | -51.9 | 33 |
| Rest of the world; commercial paper; asset | FA263069103 | 2 | 53.8 | -11.5 | 172.6 | 58 | -59.4 | 113.4 | -85.7 | -14.2 | 34 |
NOTES
- Excludes banks' holdings of own acceptances.
Last Update: March 7, 2024