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 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FL893163005 | 15404.4 | 15102 | 15600.7 | 15330.9 | 15343.1 | 15284 | 15600.7 | 15828.9 | 15955.6 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FL103163005 | 7173.4 | 7191.6 | 7397.9 | 7346.2 | 7375.8 | 7386.8 | 7397.9 | 7509.2 | 7578.9 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FL793163005 | 4434.3 | 4522.9 | 4708.3 | 4535.2 | 4545.1 | 4540.6 | 4708.3 | 4781.6 | 4790.9 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FL763163005 | 191.7 | 259.9 | 257.1 | 236.9 | 251.6 | 254.1 | 257.1 | 255 | 249.7 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FL673163005 | 1256.3 | 1281.7 | 1376 | 1306.1 | 1307.4 | 1338.5 | 1376 | 1396.7 | 1400.6 | 5 |
| Finance companies; corporate and foreign bonds; liability | FL613163005 | 1028 | 996.1 | 1078.7 | 1007.7 | 1034.5 | 1042.9 | 1078.7 | 1108.8 | 1135.6 | 6 |
| Mortgage real estate investment trusts; corporate and foreign bonds, excluding FHLB advances; liability | FL643163075 | 203.8 | 216.8 | 216.6 | 216.2 | 211.5 | 208.6 | 216.6 | 216.1 | 211.1 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FL663163003 | 217.7 | 236.1 | 236.2 | 229.3 | 211.2 | 221 | 236.2 | 258.2 | 268.4 | 8 |
| Holding companies; corporate and foreign bonds; liability | FL733163005 | 1536.8 | 1532.2 | 1543.6 | 1539 | 1528.8 | 1475.4 | 1543.6 | 1546.9 | 1525.3 | 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 | 3387.5 | 3494.5 | 3449.6 | 3422.2 | 3356.7 | 3494.5 | 3538.1 | 3585.9 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FL893063005 | 15706.7 | 13529.8 | 14504.2 | 13953 | 14047.6 | 13700.4 | 14504.2 | 14836.2 | 14881.9 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | LM153063005 | 246.3 | 233.8 | 248.4 | 238.3 | 240.6 | 241.3 | 248.4 | 250.8 | 253.1 | 13 |
| Equity real estate investment trusts; corporate and foreign bonds; asset | LM123063003 | 19.8 | 18.5 | 16.8 | 18 | 17.6 | 17.9 | 16.8 | 16.4 | 14.2 | 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 | 296.7 | 290.8 | 302.8 | 300.9 | 303 | 293.4 | 302.8 | 305.1 | 310.2 | 16 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | LM763063005 | 710.6 | 778.7 | 718 | 796.3 | 791.9 | 736.6 | 718 | 757.9 | 736.6 | 17 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | LM763063605 | 118.8 | 121.1 | 115.6 | 119.9 | 117.2 | 112.6 | 115.6 | 113.4 | 107.9 | 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 | 676.4 | 674.7 | 624 | 602.4 | 644.6 | 628.6 | 19 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | LM753063005 | 145.6 | 160.1 | 135 | 145.8 | 145.8 | 143 | 135 | 140.4 | 139.6 | 20 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | LM743063005 | 11.3 | 11.1 | 35.9 | 11.1 | 11 | 30.7 | 35.9 | 35.7 | 38.1 | 21 |
| Credit unions; corporate and foreign bonds; asset | LM473063005 | 20.6 | 19.5 | 19.2 | 18.8 | 18.1 | 18.2 | 19.2 | 21.5 | 22.5 | 22 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | LM473063605 | 19.7 | 18.7 | 18.7 | 18.1 | 17.4 | 17.6 | 18.7 | 21.1 | 22.2 | 23 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM473063095 | 0.8 | 0.8 | 0.5 | 0.7 | 0.7 | 0.7 | 0.5 | 0.4 | 0.4 | 24 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | LM513063005 | 702.4 | 649.2 | 712.3 | 683 | 680.8 | 669.1 | 712.3 | 732.8 | 742 | 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 | 141.8 | 134.6 | 134.1 | 131.5 | 141.8 | 146.2 | 148.1 | 26 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM513063095 | 550.1 | 521.1 | 570.6 | 548.4 | 546.7 | 537.5 | 570.6 | 586.6 | 593.9 | 27 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 3729 | 3232.7 | 3344.5 | 3344.5 | 3297.9 | 3167 | 3344.5 | 3382.7 | 3402 | 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 | 701.3 | 693.3 | 694.2 | 679.1 | 701.3 | 707.6 | 709.4 | 29 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM543063095 | 3096.1 | 2575.3 | 2643.2 | 2651.2 | 2603.7 | 2487.9 | 2643.2 | 2675.1 | 2692.6 | 30 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 1012.2 | 805.4 | 859.6 | 827.9 | 827.1 | 803.4 | 859.6 | 860.3 | 858.6 | 31 |
| Federal government retirement funds; corporate and foreign bonds; asset | LM343063005 | 15 | 12.3 | 13.3 | 12.7 | 12.9 | 12.1 | 13.3 | 13.4 | 13.3 | 32 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | LM223063045 | 561.7 | 529.4 | 540.7 | 569 | 534.9 | 505.2 | 540.7 | 538 | 524.7 | 33 |
| Money market funds; corporate and foreign bonds; asset | FL633063005 | 7.2 | 6.4 | 5.7 | 9.3 | 9.8 | 9.1 | 5.7 | 6 | 6.6 | 34 |
| Mutual funds; corporate and foreign bonds; asset (market value) | LM653063005 | 2733.7 | 2129.1 | 2195.3 | 2167 | 2170.2 | 2111.7 | 2195.3 | 2280.2 | 2281.4 | 35 |
| Closed-end funds; corporate and foreign bonds; asset | LM553063003 | 85.3 | 68.4 | 70.6 | 67.6 | 67.3 | 66 | 70.6 | 72.8 | 72.3 | 36 |
| Exchange-traded funds; corporate and foreign bonds; asset | LM563063003 | 800 | 753.6 | 868.5 | 779.6 | 803.6 | 790.3 | 868.5 | 904.8 | 942 | 37 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | LM403063005 | 12.3 | 12.6 | 14.8 | 13.2 | 13.9 | 14.5 | 14.8 | 15 | 14.5 | 38 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | LM403063605 | 9.3 | 10.1 | 12.7 | 10.9 | 11.7 | 12.3 | 12.7 | 13 | 12.6 | 39 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM403063095 | 3 | 2.5 | 2.1 | 2.3 | 2.2 | 2.1 | 2.1 | 2 | 1.9 | 40 |
| Finance companies; corporate and foreign bonds; asset | LM613063003 | 68.3 | 52 | 28.3 | 40.9 | 38.3 | 35.3 | 28.3 | 29.1 | 28.6 | 41 |
| Mortgage real estate investment trusts; corporate and foreign bonds; asset | LM643063073 | 11.9 | 9.9 | 10.9 | 9.8 | 9.6 | 10.1 | 10.9 | 11.1 | 11.5 | 42 |
| Security brokers and dealers; corporate and foreign bonds (net); asset | LM663063005 | 14.8 | 1.1 | 24 | 5.5 | 16 | 26.9 | 24 | 37.8 | 38.3 | 43 |
| Holding companies; corporate and foreign bonds; asset | LM733063003 | 29.2 | 28.9 | 32 | 26.6 | 25.6 | 29.4 | 32 | 29.4 | 31.3 | 44 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FL503063005 | 70.9 | 69.6 | 70 | 72.3 | 71.9 | 70.9 | 70 | 75.9 | 76.1 | 45 |
| Rest of the world; corporate bonds; asset (4) | LM263063005 | 4401.6 | 3656.3 | 4237.1 | 3794.6 | 3939.1 | 3897.8 | 4237.1 | 4318.7 | 4324 | 46 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | LM263063603 | 355.6 | 344.2 | 393 | 367.9 | 371.2 | 378.2 | 393 | 404.5 | 400.6 | 47 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM263063095 | 4046 | 3312.1 | 3844 | 3426.8 | 3568 | 3519.7 | 3844 | 3914.2 | 3923.3 | 48 |
| Instrument discrepancies; corporate and foreign bonds (level) (5) | LM903063003 | -302.3 | 1572.2 | 1096.5 | 1378 | 1295.5 | 1583.6 | 1096.5 | 992.7 | 1073.7 | 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: September 12, 2024