L.208 Debt Securities (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2020 2021 2022 2023 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 Line
All sectors; total debt securities; liability FL894122005 50376.2 53801.1 55883.9 59100.2 56892.1 57355.3 58129.4 59100.2 59985.5 1
All sectors; open market paper; liability FL893169175 925.5 1051.8 1227.6 1243.5 1182.9 1191.1 1230.6 1243.5 1294.7 2
Federal government; Treasury securities; liability FL313161105 20946.2 22557.5 23845 26226.6 24282 24772.4 25630.2 26226.6 26808.6 3
All sectors; U.S. government agency securities; liability FL893161705 10086.7 10699.2 11678.6 11976 12041.3 11972.4 11938.8 11976 11973.7 4
Domestic nonfinancial sectors; municipal securities; liability FL383162005 4008.2 4087.2 4035.6 4056.9 4039.8 4055.8 4045.5 4056.9 4081.2 5
All sectors; corporate and foreign bonds; liability FL893163005 14409.6 15405.4 15097.1 15597.2 15346 15363.7 15284.4 15597.2 15827.2 6
All sectors; total debt securities; liability FL894122005 50376.2 53801.1 55883.9 59100.2 56892.1 57355.3 58129.4 59100.2 59985.5 7
Domestic nonfinancial sectors; debt securities; liability FL384122005 32050.2 33977.1 35290.4 37924.3 35898.2 36419.3 37289.8 37924.3 38656.4 8
Nonprofit organizations; municipal securities; liability (2) FL163162003 203.9 202.9 201.9 204 202 204.2 204.3 204 206.4 9
Nonfinancial corporate business; debt securities; liability FL104122005 7682.7 7931.2 8009.4 8238.6 8176.2 8195.4 8213.7 8238.6 8369.5 10
Federal government; debt securities; liability FL314122005 20966.4 22577.3 23864.8 26246.7 24301.8 24790.4 25649.7 26246.7 26828.6 11
State and local governments; municipal securities; liability FL213162005 3197.2 3265.7 3214.3 3235 3218.2 3229.3 3222 3235 3252 12
Domestic financial sectors; debt securities; liability FL794122005 14572.1 15605.6 16880.3 17378.1 17242.5 17210.2 17185.5 17378.1 17460.3 13
U.S.-chartered depository institutions; debt securities; liability FL764122005 436.9 311.8 465.6 467.9 424 454.4 462.5 467.9 459 14
Foreign banking offices in the U.S.; open market paper; liability FL753169175 65.3 53.7 112 155.5 112.8 123.8 126.9 155.5 160.5 15
Government-sponsored enterprises; GSE issues; liability FL403161705 7638.1 8177.6 8970.8 9085.1 9303.7 9189.4 9098.3 9085.1 9047.5 16
Agency-and GSE-backed mortgage pools; total mortgages; asset FL413065005 2428.3 2501.8 2687.9 2870.7 2717.9 2765 2820.9 2870.7 2906.2 17
Issuers of asset-backed securities; debt securities; liability FL674122005 1226.3 1388.3 1469.4 1507.3 1483.8 1487.3 1498.3 1507.3 1531.8 18
Finance companies; debt securities; liability FL614122005 815.2 1085.3 1062.4 1155.6 1068.5 1103 1112.7 1155.6 1174.9 19
Mortgage real estate investment trusts; debt securities; liability FL644122075 180 203.8 216.8 215.2 216.3 211.6 208.7 215.2 213.7 20
Security brokers and dealers; corporate and foreign bonds; liability FL663163003 183.9 217.7 236.1 236.2 229.3 211.2 221 236.2 258.2 21
Holding companies; debt securities; liability FL734122005 1479.9 1544.9 1541.8 1556.3 1548 1541.2 1486.4 1556.3 1558.2 22
Other financial business; debt securities; liability FL504122005 118.2 120.6 117.4 128.2 138.3 123.3 149.8 128.2 150.3 23
Rest of the world; debt securities, excluding negotiable certificates of deposit; liability LM264122005 3753.9 4218.4 3713.2 3797.8 3751.3 3725.8 3654.1 3797.8 3868.8 24
All sectors; total debt securities; asset FL894022005 53178.5 55196.4 51049.1 55355.4 52825.1 52806.5 52240.4 55355.4 55882.9 25
Domestic nonfinancial sectors; debt securities; asset FL384022005 6066.9 5577.5 7026.9 8471.3 7797.2 7939.5 8018.4 8471.3 8401.5 26
Households and nonprofit organizations; debt securities; asset LM154022005 3829 3049.5 4435.9 5729 5100.7 5232 5330.6 5729 5676.6 27
Nonfinancial corporate business; debt securities; asset LM104022005 377.2 409.6 382.2 384.4 383.5 394.2 434.2 384.4 385.6 28
Nonfinancial noncorporate business; debt securities; asset LM114022005 77.8 75.9 76.9 78.4 77 77.8 78.5 78.4 78.8 29
Federal government; debt securities; asset FL314022005 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 30
State and local governments; debt securities; asset LM214022005 1782.3 2042.1 2131.4 2279.1 2235.5 2235 2174.6 2279.1 2260.1 31
Domestic financial sectors; debt securities; asset FL794022005 33857.4 35967.3 31419.1 33007.5 32076.6 31751.9 31239.4 33007.5 33475.8 32
Monetary authority; debt securities; asset LM714022005 7422.2 8733.2 7349.1 6523.8 7243.2 6902.1 6393.6 6523.8 6204.8 33
U.S.-chartered depository institutions; debt securities; asset LM764022005 5202.1 6319.8 5620.5 5361.6 5575.3 5406.8 5169.2 5361.6 5470.2 34
Foreign banking offices in the U.S.; debt securities; asset LM754022005 313.5 286.1 297.8 271.5 280.4 290 275.7 271.5 283.9 35
Banks in U.S.-affiliated areas; debt securities; asset LM744022003 41.3 47.5 50.9 73.2 50 49.6 68.9 73.2 74.1 36
Credit unions; debt securities; asset LM474022005 311.1 403.1 385.4 353.9 381.3 370.6 356.1 353.9 345 37
Property-casualty insurance companies; debt securities; asset LM514022005 1270.2 1320.1 1241.7 1363.7 1287.1 1283.4 1291.9 1363.7 1408.2 38
Life insurance companies; debt securities; asset LM544022005 4546.3 4569.2 3904.9 4013.9 4021.8 3967.4 3811.9 4013.9 4057 39
Private pension funds; debt securities; asset LM574022005 1715.3 1821 1681.3 1897.3 1780.6 1820 1783 1897.3 1910.6 40
Federal government retirement funds; debt securities; asset LM344022005 53 48.9 39.7 42.6 40.9 42.1 40.4 42.6 42.6 41
State and local government employee defined benefit retirement funds retirement funds; debt securities; asset LM224022045 1098.2 1195.8 1043.2 1152.8 1119.6 1099.3 1068.9 1152.8 1159.3 42
Money market funds; debt securities; asset FL634022005 3525.2 2568.8 2022 3414.8 2206.9 2392.5 2881.2 3414.8 3742 43
Mutual funds; debt securities; asset (market value) LM654022005 5539.2 5897.2 4793.9 5065.7 4931.1 4975.7 4861.3 5065.7 5158.7 44
Closed-end funds; debt securities; asset LM554022005 175.7 186.6 152.5 154.2 153.1 151.4 145.3 154.2 155.5 45
Exchange-traded funds; debt securities; asset LM564022005 1041.8 1215.3 1258.7 1493.5 1336.9 1371.7 1367.3 1493.5 1532 46
Government-sponsored enterprises; debt securities; asset LM404022005 520.1 430.2 395.6 456.4 407.9 421.6 427.2 456.4 451.5 47
Issuers of asset-backed securities; debt securities; asset FL674022005 30.3 31.9 36.4 31.4 36.4 34.5 33.2 31.4 29.2 48
Finance companies; corporate and foreign bonds; asset LM613063003 73.6 68.3 52 28.3 40.9 38.3 35.3 28.3 27.5 49
Mortgage real estate investment trusts; debt securities; asset LM644022075 223.9 180.4 159 187.4 181.3 181.8 191.1 187.4 188.7 50
Security brokers and dealers; debt securities; asset LM664022005 389.1 196.6 311.4 447.7 420.5 405 435.4 447.7 541.5 51
Holding companies; long-term debt securities; asset LM734022605 122.4 146.4 181.7 182.4 168.6 166.3 174.2 182.4 170.8 52
Other financial business; debt securities; asset FL504022005 242.6 301 441.4 491.5 412.7 382 428.2 491.5 522.7 53
Rest of the world; debt securities, excluding negotiable certificates of deposit; asset LM264022005 13254.2 13651.6 12603.1 13876.6 12951.3 13115.1 12982.6 13876.6 14005.5 54
Instrument discrepancies; debt securities (level) (3) LM904022005 -2802.3 -1395.4 4834.8 3744.8 4066.9 4548.8 5889 3744.8 4102.6 55

NOTES

  1. Sum of open market paper, Treasury securities, agency- and GSE-backed securities, municipal securities, and corporate and foreign bonds.
  2. Liability of the households and nonprofit organizations sector (tables L.101 and B.101).
  3. The accumulated valuation difference between issuance and holdings.
Last Update: June 7, 2024