Federal Reserve Statistical Release, Z.1,
 Flow of Funds Accounts of the United States; title with eagle logo links to Statistical Release home page

Release Date: December 8, 2005
Release dates | Coded tables | Historical data
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F.1 Total Net Borrowing and Lending in Credit Markets1
Billions of dollars; quarterly figures are seasonally adjusted annual rates

Description
2001
2002
2003
2004
2004
Q1
2004
Q2
2004
Q3
2004
Q4
2005
Q1
2005
Q2
2005
Q3

Line
All sectors credit market instruments, excluding corporate equities liability 1928.3 2213.2 2714.7 2807.5 2829.5 2563.4 2747.7 3089.2 2927.8 3388.0 3092.0 1
Domestic nonfinancial sectors credit market instruments, excluding corporate equities liability 1094.6 1319.1 1651.3 1926.1 2034.4 1701.0 1922.8 2046.3 2311.7 1998.3 2296.6 2
Federal government credit  market instruments liability -5.6 257.6 396.0 361.9 502.9 367.2 266.3 311.2 630.7 5.8 231.9 3
Domestic nonfinancial nonfederal sectors credit market instruments, excluding corporate equities liability 1100.2 1061.6 1255.2 1564.2 1531.5 1333.8 1656.4 1735.2 1680.9 1992.4 2064.6 4
Households and nonprofit organizations credit and equity market instruments liability 600.5 736.2 825.2 1011.7 1024.4 968.7 1063.3 990.4 929.4 1158.4 1235.9 5
Nonfarm nonfinancial corporate business credit market instruments liability 220.7 25.2 148.4 258.2 207.4 131.8 261.5 432.0 351.4 429.8 362.3 6
Nonfarm noncorporate business credit and equity market instruments liability 162.7 148.5 156.1 164.6 137.5 169.0 168.1 183.8 195.0 281.5 220.6 7
Farm business credit and equity market instruments liability 10.5 7.9 7.7 11.5 6.2 13.1 18.3 8.5 2.9 17.0 25.1 8
State and local governments, excluding employee retirement funds credit  market instruments liability 105.8 143.9 117.8 118.2 156.0 51.1 145.2 120.5 202.2 105.7 220.7 9
Rest of the world credit market instruments, excluding corporate equities liability -43.8 70.8 54.3 82.2 84.2 -63.6 97.5 210.7 17.6 87.5 111.7 10
Total finance credit market instruments, excluding corporate equities liability 877.5 823.3 1009.2 799.1 710.8 926.0 727.4 832.2 598.5 1302.3 683.8 11
Commercial banking credit market instruments, excluding corporate equities liability 52.9 49.7 49.2 77.7 182.7 6.8 60.1 61.2 163.0 41.4 82.7 12
U.S.-chartered commercial banks credit market instruments, excluding corporate equities liability 30.2 29.9 13.9 18.1 80.0 -9.5 -0.8 2.6 75.4 19.3 30.8 13
Foreign banking offices in the U.S. acceptances liability -0.9 -0.4 -0.1 0.1 -0.1 0.2 0.5 -0.0 -0.3 0.6 0.3 14
Bank holding companies credit market instruments, excluding corporate equities liability 23.6 20.3 35.4 59.5 102.8 16.1 60.4 58.7 87.9 21.4 51.7 15
Savings institutions credit market instruments liability -2.0 -23.4 6.1 64.4 1.1 166.6 -7.0 96.9 -30.6 82.4 -7.1 16
Credit unions FHLB advances (other loans and advances) liability 1.5 2.0 2.2 2.3 -2.7 4.9 0.9 6.1 1.5 3.1 0.3 17
Life insurance companies FHLB advances (other loans and advances) liability 0.6 2.0 2.9 3.0 -0.4 2.7 0.1 9.7 -1.6 2.3 0.4 18
Government-sponsored enterprises credit and equity market instruments liability 304.1 219.8 243.7 65.0 0.6 211.9 93.1 -45.5 -209.6 -84.2 -243.9 19
Agency-and GSE-backed mortgage pools total mortgages (total financial assets and net increase in pool securities) asset 338.5 326.8 330.5 53.0 126.7 88.0 62.1 -64.6 64.7 123.5 178.4 20
Issuers of asset-backed securities total financial liabilities liability 230.4 181.9 219.5 321.8 147.1 355.1 417.0 367.9 430.3 688.4 620.6 21
Finance companies credit and equity market instruments liability 1.3 42.2 118.2 117.9 111.2 -8.4 115.5 253.2 75.8 -23.6 12.6 22
Mortgage companies bank loans not elsewhere classified liability 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23
Real estate investment trusts credit market instruments, excluding corporate equities liability 3.2 24.5 31.9 97.6 67.1 63.9 42.1 217.6 76.2 92.8 65.5 24
Security brokers and dealers corporate and foreign bonds liability 1.4 -1.7 6.4 15.2 51.9 2.5 33.2 -26.6 11.2 -5.2 18.0 25
Funding corporations credit market instruments, excluding corporate equities liability -54.6 -0.5 -1.4 -18.9 25.6 32.1 -89.6 -43.6 17.6 381.4 -43.9 26
All sectors credit market instruments, excluding corporate equities liability 1928.3 2213.2 2714.7 2807.5 2829.5 2563.4 2747.7 3089.2 2927.8 3388.0 3092.0 27
Domestic nonfinancial nonfederal sectors credit market instruments, excluding corporate equities asset -79.6 94.2 240.7 201.7 -169.2 102.2 445.0 428.9 57.1 44.6 358.7 28
Households and nonprofit organizations credit market instruments, excluding corporate equities asset -175.0 -17.8 186.1 115.1 -288.6 30.8 426.3 292.1 -81.4 -76.3 189.6 29
Nonfarm nonfinancial corporate business credit market instruments, excluding corporate equities asset -4.3 26.1 -1.0 22.6 22.5 42.5 -37.7 63.2 6.9 25.1 18.2 30
Nonfarm noncorporate business credit market instruments, excluding corporate equities asset 6.4 -0.6 3.0 2.2 2.7 2.7 2.2 1.1 0.8 -0.1 -0.6 31
State and local governments, excluding employee retirement funds credit market instruments, excluding corporate equities and mutual funds asset 93.4 86.5 52.5 61.8 94.2 26.2 54.1 72.6 130.7 95.8 151.6 32
Federal government credit  market instruments asset 6.0 9.6 -2.5 3.9 4.7 -11.9 24.6 -1.9 0.2 -14.1 16.2 33
Rest of the world credit market instruments, excluding corporate equities asset 305.3 422.7 531.6 754.4 814.0 793.6 593.0 817.0 788.1 750.1 826.7 34
Total finance credit market instruments, excluding corporate equities asset 1696.5 1686.8 1945.0 1847.5 2180.0 1679.5 1685.1 1845.1 2082.5 2607.5 1890.4 35
Monetary authority credit market instruments asset 39.9 77.7 37.2 51.2 22.1 53.5 71.3 57.6 -10.5 32.0 66.8 36
Commercial banking credit market instruments, excluding corporate equities, mutual fund shares, security credit and including customers' liability on acceptances asset 205.2 404.4 299.5 582.2 863.9 486.6 263.5 714.7 982.5 597.2 695.9 37
U.S.-chartered commercial banks credit market instruments, excluding corporate equities, mutual fund shares, security credit, and including customers' liabilities on acceptances asset 191.6 393.8 323.3 548.0 828.1 495.7 252.7 615.5 760.2 426.8 568.9 38
Foreign banking offices in the U.S. credit market instruments, excluding corporate equities, security credit, and including customers' liabilities on acceptances asset -0.6 6.2 -43.0 20.3 22.7 -25.3 -2.7 86.5 219.7 126.6 167.5 39
Bank holding companies credit market instruments, excluding corporate equities asset 4.2 3.1 8.6 -0.0 1.2 -2.3 3.0 -2.0 -9.4 29.4 -46.1 40
Banks in U.S.-affiliated areas credit market instruments asset 10.0 1.3 10.6 13.9 11.9 18.5 10.5 14.8 12.0 14.4 5.6 41
Savings institutions credit market instruments asset 44.4 33.4 126.0 172.8 117.3 186.5 128.0 259.2 8.8 239.7 141.0 42
Credit unions credit market instruments, excluding corporate equities asset 41.5 42.7 50.7 42.0 47.0 58.8 18.9 43.3 46.5 41.6 47.8 43
Other (that is, property-casualty) insurance companies credit market instruments, excluding corporate equities asset 9.0 39.9 67.0 73.6 105.3 65.1 73.5 50.6 89.0 49.2 78.1 44
Life insurance companies credit market instruments, excluding corporate equities asset 130.9 233.0 180.6 173.0 216.7 162.2 158.2 154.9 187.4 65.8 185.1 45
Private pension funds credit market instruments, excluding corporate equities asset 13.3 25.7 14.2 34.9 44.7 22.9 44.9 27.0 7.5 46.5 49.4 46
State and local government employee retirement funds credit market instruments, excluding corporate equities asset -53.8 -50.7 11.2 27.2 109.7 67.4 -63.1 -5.1 -4.1 1.1 29.3 47
Federal government retirement funds credit market instruments, excluding corporate equities asset 9.7 13.0 6.3 4.6 0.8 6.8 10.8 0.1 8.5 11.3 7.6 48
Money market mutual funds credit market instruments asset 267.3 -17.7 -95.9 -124.9 -212.1 -151.8 -153.7 17.7 -198.5 -78.5 -49.2 49
Mutual funds credit market instruments asset 126.1 144.2 137.7 117.1 231.7 8.1 103.4 125.2 206.9 123.4 94.0 50
Closed-end funds credit market instruments asset 3.2 8.6 36.2 11.2 9.9 21.7 0.3 12.7 6.4 1.7 4.1 51
Exchange-traded funds credit market instruments asset 0.0 3.7 0.7 3.8 5.1 3.5 2.2 4.2 11.7 3.5 7.1 52
Government-sponsored enterprises credit and equity market instruments asset 304.7 224.1 236.5 46.2 18.8 168.0 104.3 -106.0 -65.5 -66.5 -277.9 53
Agency-and GSE-backed mortgage pools total mortgages (total financial assets and net increase in pool securities) asset 338.5 326.8 330.5 53.0 126.7 88.0 62.1 -64.6 64.7 123.5 178.4 54
Issuers of asset-backed securities credit and equity market instruments asset 217.0 189.9 226.1 322.3 159.7 372.4 424.6 332.6 421.0 669.0 601.3 55
Finance companies credit and equity market instruments asset -4.8 21.2 84.2 129.6 172.1 64.9 90.1 191.4 4.5 14.6 27.9 56
Mortgage companies total mortgages (total financial assets) asset 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 57
Real estate investment trusts credit market instruments asset 8.6 23.8 25.7 87.9 86.4 56.0 31.9 177.5 37.3 120.1 89.0 58
Security brokers and dealers credit market instruments, excluding corporate equities asset 92.4 28.4 79.6 -29.2 -190.0 -118.8 302.8 -110.7 67.3 316.1 -322.3 59
Funding corporations credit market instruments, excluding corporate equities asset -96.6 -85.1 90.9 68.9 244.2 57.6 10.9 -37.2 211.2 296.2 237.0 60

  FOOTNOTES
  1.  Excludes corporate equities and mutual fund shares. Return to text


Release dates | Coded tables | Historical data
Current release | Screen reader | PDF (450 KB)

Statistical releases