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 | 2021 | 2022 | 2023 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FL893163005 | 15407.5 | 15099.9 | 15722.1 | 14913.9 | 15099.9 | 15349.9 | 15367.3 | 15289.9 | 15722.1 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FL103163005 | 7176.4 | 7195.3 | 7413.1 | 7189.2 | 7195.3 | 7354.4 | 7384.1 | 7395.4 | 7413.1 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FL793163005 | 4434.4 | 4523.3 | 4713.1 | 4383.5 | 4523.3 | 4535.2 | 4545.8 | 4542.5 | 4713.1 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FL763163005 | 191.7 | 269.6 | 268.9 | 233.6 | 269.6 | 246.2 | 261.1 | 264.1 | 268.9 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FL673163005 | 1256.4 | 1272.4 | 1366.6 | 1272.5 | 1272.4 | 1296.7 | 1298.5 | 1330.3 | 1366.6 | 5 |
| Finance companies; corporate and foreign bonds; liability | FL613163005 | 1028 | 996.1 | 1081.2 | 979.8 | 996.1 | 1007.7 | 1034.5 | 1042.9 | 1081.2 | 6 |
| Mortgage real estate investment trusts; corporate and foreign bonds, excluding FHLB advances; liability | FL643163075 | 203.8 | 216.8 | 216.5 | 210.6 | 216.8 | 216.3 | 211.6 | 208.7 | 216.5 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FL663163003 | 217.7 | 236.1 | 236.2 | 223.6 | 236.1 | 229.3 | 211.2 | 221 | 236.2 | 8 |
| Holding companies; corporate and foreign bonds; liability | FL733163005 | 1536.8 | 1532.2 | 1543.6 | 1463.4 | 1532.2 | 1539 | 1528.8 | 1475.4 | 1543.6 | 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 | 3796.7 | 3381.4 | 3595.9 | 3341.2 | 3381.4 | 3460.3 | 3437.5 | 3352 | 3595.9 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FL893063005 | 15646.8 | 13581.4 | 14774.5 | 13164.4 | 13581.4 | 14005.8 | 14095.8 | 13762.5 | 14774.5 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | LM153063005 | 290 | 280.9 | 310.5 | 272.8 | 280.9 | 289.3 | 295.1 | 298.9 | 310.5 | 13 |
| Equity real estate investment trusts; corporate and foreign bonds; asset | LM123063003 | 19.8 | 18.3 | 18 | 18.2 | 18.3 | 17.9 | 17.4 | 17.7 | 18 | 14 |
| 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 | 15 |
| State and local governments; corporate and foreign bonds; asset | LM213063003 | 192.4 | 146.9 | 152 | 143.7 | 146.9 | 151.8 | 151.7 | 144.1 | 152 | 16 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | LM763063005 | 710.6 | 778.7 | 718.2 | 753.2 | 778.7 | 796.3 | 792 | 736.6 | 718.2 | 17 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | LM763063605 | 118.8 | 121.1 | 115.8 | 124.3 | 121.1 | 119.9 | 117.2 | 112.6 | 115.8 | 18 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | LM763063095 | 591.8 | 657.6 | 602.4 | 629 | 657.6 | 676.4 | 674.7 | 624 | 602.4 | 19 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | LM753063005 | 145.6 | 160.1 | 135 | 159.8 | 160.1 | 145.8 | 145.8 | 143 | 135 | 20 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | LM743063005 | 11.3 | 11.1 | 35.9 | 11.1 | 11.1 | 11.1 | 11 | 30.7 | 35.9 | 21 |
| Credit unions; corporate and foreign bonds; asset | LM473063005 | 20.6 | 19.5 | 19.3 | 20.9 | 19.5 | 18.8 | 18.1 | 18.2 | 19.3 | 22 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | LM473063605 | 19.7 | 18.7 | 18.7 | 20.1 | 18.7 | 18.1 | 17.4 | 17.6 | 18.7 | 23 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM473063095 | 0.8 | 0.8 | 0.7 | 0.8 | 0.8 | 0.7 | 0.7 | 0.7 | 0.7 | 24 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | LM513063005 | 702.4 | 649.2 | 729.6 | 626 | 649.2 | 685.3 | 685.2 | 675.7 | 729.6 | 25 |
| Property-casualty insurance companies; mortgage-backed securities and other asset-backed bonds, including those held by U.S. residual market reinsurers; asset | LM513063605 | 152.4 | 128.1 | 145.4 | 123 | 128.1 | 135.4 | 135.7 | 134.1 | 145.4 | 26 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM513063095 | 550.1 | 521.1 | 584.2 | 503 | 521.1 | 549.9 | 549.4 | 541.6 | 584.2 | 27 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 3729 | 3232.7 | 3519.8 | 3106.9 | 3232.7 | 3379.1 | 3366.2 | 3269 | 3519.8 | 28 |
| Life insurance companies, general accounts; mortgage-backed securities and other asset-backed bonds, including those held by U.S. captive reinsurers; asset | LM543063675 | 632.9 | 657.4 | 710 | 613.1 | 657.4 | 685.5 | 678.7 | 656.6 | 710 | 29 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM543063095 | 3096.1 | 2575.3 | 2809.8 | 2493.8 | 2575.3 | 2693.6 | 2687.5 | 2612.4 | 2809.8 | 30 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 1012.2 | 876.4 | 974.5 | 840.8 | 876.4 | 913.1 | 919 | 897.9 | 974.5 | 31 |
| Federal government retirement funds; corporate and foreign bonds; asset | LM343063005 | 15 | 12.3 | 13.5 | 11.4 | 12.3 | 12.8 | 13 | 12.5 | 13.5 | 32 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | LM223063045 | 562.4 | 539 | 565.9 | 518.3 | 539 | 581.9 | 550.4 | 527.5 | 565.9 | 33 |
| Money market funds; corporate and foreign bonds; asset | FL633063005 | 7.2 | 6.4 | 5.7 | 6.3 | 6.4 | 9.3 | 9.8 | 9.1 | 5.7 | 34 |
| Mutual funds; corporate and foreign bonds; asset (market value) | LM653063005 | 2733.7 | 2129.1 | 2295.3 | 2134.6 | 2129.1 | 2167.1 | 2170.2 | 2111.8 | 2295.3 | 35 |
| Closed-end funds; corporate and foreign bonds; asset | LM553063003 | 85.3 | 68.4 | 70.8 | 67.2 | 68.4 | 67.6 | 67.3 | 66 | 70.8 | 36 |
| Exchange-traded funds; corporate and foreign bonds; asset | LM563063003 | 800 | 753.6 | 867.1 | 708.8 | 753.6 | 779.6 | 803.6 | 790.3 | 867.1 | 37 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | LM403063005 | 12.3 | 12.6 | 14.9 | 12.4 | 12.6 | 13.2 | 13.9 | 14.5 | 14.9 | 38 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | LM403063605 | 9.3 | 10.1 | 12.8 | 9.8 | 10.1 | 10.9 | 11.7 | 12.3 | 12.8 | 39 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM403063095 | 3 | 2.5 | 2.1 | 2.6 | 2.5 | 2.3 | 2.2 | 2.1 | 2.1 | 40 |
| Finance companies; corporate and foreign bonds; asset | LM613063003 | 68.3 | 52 | 26.9 | 47.9 | 52 | 40.9 | 38.3 | 35.3 | 26.9 | 41 |
| Mortgage real estate investment trusts; corporate and foreign bonds; asset | LM643063073 | 11.9 | 9.9 | 10.9 | 10.2 | 9.9 | 9.8 | 9.6 | 10.1 | 10.9 | 42 |
| Security brokers and dealers; corporate and foreign bonds (net); asset | LM663063005 | 14.8 | 1.1 | 24 | 13 | 1.1 | 5.5 | 16 | 26.9 | 24 | 43 |
| Holding companies; corporate and foreign bonds; asset | LM733063003 | 29.2 | 28.9 | 31.7 | 26.2 | 28.9 | 26.5 | 25.6 | 29.1 | 31.7 | 44 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FL503063005 | 70.9 | 69.6 | 70 | 71.7 | 69.6 | 72.3 | 71.9 | 70.9 | 70 | 45 |
| Rest of the world; corporate bonds; asset (4) | LM263063005 | 4401.6 | 3724.3 | 4164.6 | 3582.6 | 3724.3 | 3810.4 | 3904.4 | 3826.4 | 4164.6 | 46 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | LM263063603 | 355.5 | 344.8 | 393.6 | 348.5 | 344.8 | 368.6 | 371.9 | 378.9 | 393.6 | 47 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM263063095 | 4046.1 | 3379.5 | 3770.9 | 3234.1 | 3379.5 | 3441.7 | 3532.4 | 3447.5 | 3770.9 | 48 |
| Instrument discrepancies; corporate and foreign bonds (level) (5) | LM903063003 | -239.3 | 1518.5 | 947.6 | 1749.5 | 1518.5 | 1344.1 | 1271.5 | 1527.4 | 947.6 | 49 |
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 7, 2024