Financial Accounts of the United States - Z.1
F.210 Treasury Securities (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2021 | 2022 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Federal government; Treasury securities; liability | FA313161105 | 1611.4 | 1287.4 | 2381.6 | 1166.2 | 3156 | 2917.6 | 2286.6 | 1689.4 | 1639.7 | 1 |
| Federal government; Treasury bills; liability | FA313161110 | -1195.1 | -71.8 | 1978.7 | 1284.1 | 2240.2 | 2980.1 | 1410.2 | 1360 | -544.9 | 2 |
| Federal government; other marketable Treasury securities; liability (2) | FA313161275 | 2806.5 | 1359.2 | 402.9 | -118 | 915.8 | -62.5 | 876.5 | 329.3 | 2184.6 | 3 |
| All sectors; Treasury securities; asset | FA893061105 | 1611.4 | 1287.4 | 2381.6 | 1166.2 | 3156 | 2917.6 | 2286.6 | 1689.4 | 1639.7 | 4 |
| Households and nonprofit organizations; Treasury securities; asset | FA153061105 | -704.3 | 1293 | 929.1 | 1405.6 | 1412.3 | 500.9 | 397.5 | -473.6 | 1041.2 | 5 |
| Nonfinancial corporate business; Treasury securities; asset | FA103061103 | 10.7 | 21.2 | 9.6 | -6.4 | 58.4 | 35 | -48.7 | 2 | -62.7 | 6 |
| Nonfinancial noncorporate business; total U.S. government securities; asset | FA113061003 | 2.2 | 11.9 | -0.1 | -7 | 8.6 | 14.2 | -16.3 | 5.4 | 2.2 | 7 |
| State and local governments; Treasury securities, excluding SLGS; asset | FA213061103 | 442.6 | 250.5 | 117.8 | 151.8 | 176.4 | 139.1 | 3.7 | 173.3 | 115.6 | 8 |
| Monetary authority; total Treasury securities; asset | FA713061103 | 961.6 | -188.2 | -740.9 | -908.1 | -720.2 | -640.2 | -695.2 | -704.9 | -663.7 | 9 |
| Monetary authority; Treasury bills; asset | FA713061113 | 0 | -39.4 | -72.4 | -34.8 | -46.9 | -120.4 | -87.3 | -85.4 | 0.2 | 10 |
| Monetary authority; other Treasury securities, excluding Treasury bills; asset | FA713061125 | 961.5 | -148.8 | -668.6 | -873.3 | -673.3 | -519.8 | -607.9 | -619.5 | -663.9 | 11 |
| U.S.-chartered depository institutions; Treasury securities; asset | FA763061100 | 449 | 8.8 | -90.1 | -343.1 | -208.3 | -34.5 | 225.7 | 477.7 | -62.7 | 12 |
| Foreign banking offices in the U.S.; Treasury securities; asset | FA753061103 | -7.6 | 16.4 | 2.3 | 1.3 | 32.9 | -20 | -5 | 33.5 | 32.4 | 13 |
| Banks in U.S.-affiliated areas; Treasury securities; asset | FA743061103 | 6.5 | 7 | -2.4 | -4.7 | 1.2 | 2.1 | -8.1 | 7 | 1.9 | 14 |
| Credit unions; Treasury securities; asset | FA473061105 | 19.5 | 26.6 | -10.1 | -15.2 | 8.9 | 2 | -35.9 | -5.8 | -10.7 | 15 |
| Property-casualty insurance companies; Treasury securities, including those held by U.S. residual market reinsurers; asset | FA513061105 | 31.6 | 37.3 | 46.4 | 25.4 | 26.5 | 135.5 | -1.8 | 100.7 | 306.1 | 16 |
| Property-casualty insurance companies; Treasury bills, including those held by U.S. residual market reinsurers; asset | FA513061115 | 2.5 | 13.7 | 28.5 | 19.2 | 10.7 | 102 | -17.9 | 103.4 | 281.9 | 17 |
| Property-casualty insurance companies; other Treasury securities, including those held by U.S. residual market reinsurers, excluding Treasury bills; asset | FA513061125 | 29.2 | 23.6 | 17.9 | 6.2 | 15.8 | 33.5 | 16.1 | -2.7 | 24.2 | 18 |
| Life insurance companies; Treasury securities; asset | FA543061105 | -2.6 | -5.2 | -1 | -8 | 8 | -8.4 | 4.5 | 20.2 | 14.8 | 19 |
| Life insurance companies; Treasury bills, including those held by U.S. captive reinsurers; asset | FA543061115 | -6.4 | 7.9 | 1.2 | 0.2 | 5.6 | 1.4 | -2.4 | 1.2 | 1 | 20 |
| Life insurance companies; other Treasury securities, including those held by U.S. captive reinsurers, excluding Treasury bills; asset | FA543061125 | 3.8 | -13.2 | -2.1 | -8.2 | 2.5 | -9.8 | 6.9 | 19 | 13.8 | 21 |
| Private pension funds; Treasury securities; asset | FA573061105 | 71.3 | -7.1 | 15.8 | 6 | 29.4 | 23.3 | 4.7 | 31.7 | 25.6 | 22 |
| Private defined benefit pension funds; Treasury securities; asset | FA573061143 | 36.9 | -23.4 | -3 | -3.4 | -3.1 | -2.2 | -3.3 | -3.4 | -3.5 | 23 |
| Private defined contribution pension funds; Treasury securities; asset | FA573061133 | 34.4 | 16.3 | 18.8 | 9.4 | 32.5 | 25.5 | 7.9 | 35.1 | 29.2 | 24 |
| Federal government retirement funds; Treasury securities; asset | FA343061105 | -0.9 | -1.9 | 1.7 | 0.6 | 4.1 | -0.9 | 2.9 | 0.5 | -3.8 | 25 |
| Federal government defined benefit retirement funds; Treasury securities; asset | FA343061165 | -1.2 | -1.5 | 0.6 | -0 | 2.7 | -0.4 | 0 | 0.1 | -3.9 | 26 |
| Federal government defined contribution retirement funds; Treasury securities held by Thrift Savings Plan F Fund; asset | FA343061113 | 0.3 | -0.5 | 1.1 | 0.6 | 1.4 | -0.5 | 2.9 | 0.4 | 0 | 27 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | FA223061143 | 78.5 | -33 | 73.2 | 104 | 0.2 | 116.1 | 72.5 | 74.4 | 59.9 | 28 |
| Money market funds; Treasury securities; asset | FA633061105 | -651.3 | -750.7 | 1205.5 | -180.7 | 1484.8 | 1845.1 | 1672.7 | 1085.6 | 247.6 | 29 |
| Money market funds; Treasury bills; asset | FA633061110 | -878.2 | -595.1 | 1264 | 147.1 | 1440.8 | 1908.1 | 1559.8 | 972.1 | -66.7 | 30 |
| Money market funds; Other Treasury securities, excluding Treasury bills; asset | FA633061120 | 226.9 | -155.6 | -58.5 | -327.8 | 44 | -63 | 112.9 | 113.6 | 314.4 | 31 |
| Mutual funds; Treasury securities; asset (market value) | FA653061105 | 345.7 | -33 | 5.7 | -30.4 | 0.7 | 87.5 | -34.9 | 128 | 14.1 | 32 |
| Mutual funds; Treasury bills; asset | FA653061113 | 2.4 | -44.7 | 0.1 | 12.5 | -12.8 | -2.3 | 3.2 | -9.9 | -1.8 | 33 |
| Mutual funds; other Treasury securities, excluding Treasury bills (includes all Treasury securities before 2010:Q4); asset | FA653061125 | 343.2 | 11.7 | 5.6 | -42.9 | 13.5 | 89.9 | -38.1 | 137.9 | 15.8 | 34 |
| Closed-end funds; Treasury securities; asset | FA553061103 | 0.3 | -0.2 | -0.3 | -0.3 | -0 | -0.1 | -0.8 | 0 | -0.1 | 35 |
| Exchange-traded funds; Treasury securities; asset | FA563061103 | 66.5 | 115.6 | 98.5 | 165.9 | 65.8 | 105.3 | 57 | 33.6 | 94.9 | 36 |
| Government-sponsored enterprises; Treasury securities; asset | FA403061105 | -43.2 | -18.4 | 4.2 | -39.4 | 16.6 | 19.2 | 20.6 | -10.1 | 45.1 | 37 |
| Issuers of asset-backed securities; Treasury securities; asset | FA673061103 | 1.5 | 4.6 | -5 | -0.2 | -7.6 | -5 | -7 | -9 | -9.3 | 38 |
| Security brokers and dealers; Treasury securities (net); asset | FA663061105 | -104.3 | 85.4 | 95.5 | 429.1 | -23.2 | 78.5 | -102.3 | 228 | 11.8 | 39 |
| Holding companies; Treasury securities; asset | FA733061103 | 34.2 | 56.6 | -4.6 | -57.1 | 5.1 | 38.2 | -4.7 | -29.2 | 3.2 | 40 |
| Other financial business; Treasury securities held by central clearing counterparties; asset | FA503061123 | -1.8 | -2.7 | 19.5 | 21.6 | 43.6 | -13.5 | 26.3 | -17 | 28.4 | 41 |
| Rest of the world; Treasury securities; asset | FA263061105 | 605.8 | 392.9 | 611.3 | 455.4 | 732 | 498.4 | 759.4 | 537.2 | 407.8 | 42 |
| Rest of the world; Treasury bills and certificates; asset | FA263061110 | -55.4 | -37.4 | 120.5 | -15.5 | -57 | 421.9 | 132.5 | -64.7 | -82.4 | 43 |
| Rest of the world; other Treasury securities, excluding Treasury bills and certificates; asset | FA263061120 | 661.2 | 430.3 | 490.8 | 470.9 | 789 | 76.5 | 627 | 601.9 | 490.2 | 44 |
| Federal government; total nonmarketable Treasury securities; liability (3) | FA313169205 | 72.5 | 259.4 | 238.5 | -1061.9 | 1382.7 | 44.4 | 588.7 | 139.5 | 247 | 45 |
NOTES
- Marketable Treasury securities (net of premiums and discounts) issued by the federal government and held by sectors other than the federal government.
- Inlcudes long-term marketable securities issued to the Civil Service Retirement Fund by the Federal Financing Bank.
- Nonmarketable Treasury securities are classified as other loans and advances because they are not negotiable and are therefore not considered debt securities.
Last Update: September 12, 2024