Financial Accounts of the United States - Z.1
L.212 Municipal Securities
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2016 | 2017 | 2018 | 2017 Q3 | 2017 Q4 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Domestic nonfinancial sectors; municipal securities; liability | FL383162005 | 3866.4 | 3879.3 | 3821.1 | 3835.4 | 3879.3 | 3858.9 | 3860.4 | 3833.4 | 3821.1 | 1 |
| State and local governments, excluding employee retirement funds; municipal securities; liability | FL213162005 | 3097.4 | 3094.4 | 3040.5 | 3063.6 | 3094.4 | 3075.0 | 3074.1 | 3054.1 | 3040.5 | 2 |
| State and local governments, excluding employee retirement funds; short-term municipal securities; liability (1) | FL213162400 | 30.2 | 35.0 | 37.4 | 32.8 | 35.0 | 36.2 | 31.5 | 37.1 | 37.4 | 3 |
| State and local governments, excluding employee retirement funds; long-term municipal securities; liability | FL213162200 | 3067.1 | 3059.4 | 3003.1 | 3030.8 | 3059.4 | 3038.8 | 3042.6 | 3016.9 | 3003.1 | 4 |
| Nonprofit organizations; municipal securities; liability (2) | FL163162003 | 216.4 | 218.8 | 218.6 | 216.6 | 218.8 | 220.6 | 220.3 | 219.0 | 218.6 | 5 |
| Nonfinancial corporate business; municipal securities; liability | FL103162000 | 552.6 | 566.1 | 562.1 | 555.1 | 566.1 | 563.3 | 566.1 | 560.3 | 562.1 | 6 |
| All sectors; municipal securities; asset | FL893062005 | 4010.8 | 4101.1 | 3967.2 | 4053.8 | 4101.1 | 4016.4 | 4025.1 | 3963.1 | 3967.2 | 7 |
| Households and nonprofit organizations; municipal securities; asset | LM153062005 | 1861.7 | 1858.2 | 1767.4 | 1852.7 | 1858.2 | 1796.2 | 1821.0 | 1780.2 | 1767.4 | 8 |
| Nonfinancial corporate business; municipal securities; asset | FL103062003 | 19.7 | 28.9 | 24.4 | 29.4 | 28.9 | 26.3 | 27.6 | 22.4 | 24.4 | 9 |
| Nonfinancial noncorporate business; municipal securities; asset | FL113062003 | 4.8 | 5.2 | 5.6 | 5.0 | 5.2 | 5.3 | 5.4 | 5.5 | 5.6 | 10 |
| State and local governments, excluding employee retirement funds; municipal securities; asset | FL213062003 | 15.2 | 14.8 | 14.7 | 14.7 | 14.8 | 14.4 | 14.6 | 14.8 | 14.7 | 11 |
| U.S.-chartered depository institutions; municipal securities; asset | LM763062000 | 544.9 | 572.6 | 499.0 | 563.6 | 572.6 | 555.7 | 519.1 | 502.2 | 499.0 | 12 |
| Foreign banking offices in the U.S.; municipal securities; asset | LM753062003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 13 |
| Banks in U.S.-affiliated areas; municipal securities; asset | LM743062003 | 1.7 | 1.3 | 1.2 | 1.3 | 1.3 | 1.3 | 1.3 | 1.2 | 1.2 | 14 |
| Credit unions; municipal securities; asset | LM473062005 | 5.1 | 5.1 | 4.9 | 5.0 | 5.1 | 4.8 | 4.9 | 4.4 | 4.9 | 15 |
| Property-casualty insurance companies; municipal securities, including those held by U.S. residual market reinsurers; asset | LM513062005 | 350.7 | 338.9 | 353.5 | 338.6 | 338.9 | 338.9 | 344.2 | 347.9 | 353.5 | 16 |
| Life insurance companies; municipal securities; asset | LM543062005 | 185.2 | 197.8 | 202.9 | 195.1 | 197.8 | 198.8 | 200.1 | 201.1 | 202.9 | 17 |
| Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset | LM343062033 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 18 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | LM223062043 | 2.6 | 3.8 | 2.7 | 2.3 | 3.8 | 2.8 | 2.6 | 2.6 | 2.7 | 19 |
| Money market funds; municipal securities; asset | FL633062000 | 154.3 | 134.4 | 142.8 | 126.0 | 134.4 | 131.8 | 135.7 | 131.0 | 142.8 | 20 |
| Mutual funds; municipal securities; asset (market value) | LM653062003 | 632.2 | 688.1 | 697.6 | 680.4 | 688.1 | 690.4 | 698.7 | 701.9 | 697.6 | 21 |
| Closed-end funds; municipal securities; asset | LM553062003 | 86.9 | 89.0 | 87.8 | 88.7 | 89.0 | 87.3 | 88.6 | 86.9 | 87.8 | 22 |
| Exchange-traded funds; municipal securities; asset | LM563062003 | 24.7 | 30.4 | 36.5 | 28.6 | 30.4 | 30.7 | 32.8 | 33.0 | 36.5 | 23 |
| Government-sponsored enterprises; municipal securities and Sallie Mae public academic facilities financing and Sallie Mae public warehousing advances; asset | FL403062005 | 5.8 | 4.6 | 4.0 | 4.7 | 4.6 | 4.4 | 4.4 | 4.0 | 4.0 | 24 |
| Security brokers and dealers; municipal securities; asset | FL663062003 | 21.0 | 26.7 | 20.7 | 17.3 | 26.7 | 25.8 | 23.2 | 22.1 | 20.7 | 25 |
| Rest of the world; municipal securities; asset | FL263062003 | 94.2 | 101.3 | 101.4 | 100.1 | 101.3 | 101.4 | 101.1 | 101.8 | 101.4 | 26 |
| Instrument discrepancies; municipal securities (level) (3) | LM903062003 | -144.4 | -221.8 | -146.0 | -218.4 | -221.8 | -157.5 | -164.7 | -129.8 | -146.0 | 27 |
NOTES
- Debt with original maturity of 13 months or less.
- Liability of the households and nonprofit organizations sector (tables L.101 and B.101).
- The accumulated valuation difference between issuance and holdings.
Last Update: March 7, 2019