Description of table L.3 - Credit Market Debt Owed by Financial Sectors

This table shows credit market borrowing by the financial sectors which include commercial banking; savings institutions; credit unions; life insurance companies; government-sponsored enterprises (GSEs); agency- and GSE-backed mortgage pools; issuers of asset-backed securities; finance companies; real estate investment trusts, or REITs; security brokers and dealers; and funding corporations. Credit market instruments include open market paper, GSE issues, agency- and GSE-backed mortgage pool securities, corporate and foreign bonds, bank loans not elsewhere classified, other loans and advances, and mortgages. Detail is shown both by instrument and by sector.



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