Financial Accounts of the United States - Z.1
F3.5.s Corporate and foreign bonds 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 | 2026:Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Total liabilities | FL893163005 | 15689.1 | 16254.3 | 17153.3 | 16647.4 | 16804.6 | 17048.9 | 17153.3 | 17398.8 | 17705.2 |
| Line 2 | Nonfinancial corporate business | FL103163005 | 7513.0 | 7805.3 | 8075.3 | 7928.4 | 7916.5 | 8020.9 | 8075.3 | 8196.2 | 8278.0 |
| Line 3 | Domestic financial sectors | FL793163005 | 4768.2 | 5034.4 | 5359.8 | 5198.1 | 5317.6 | 5379.6 | 5359.8 | 5477.0 | 5584.4 |
| Line 4 | U.S.-chartered depository institutions | FL763163005 | 254.5 | 236.9 | 243.6 | 245.6 | 264.5 | 253.9 | 243.6 | 238.0 | 244.2 |
| Line 5 | ABS issuers (net)(1) | FL673163005 | 1396.9 | 1503.3 | 1656.6 | 1542.3 | 1588.9 | 1654.8 | 1656.6 | 1700.7 | 1731.3 |
| Line 6 | Finance companies | FL613163005 | 1078.7 | 1152.7 | 1153.0 | 1170.5 | 1168.3 | 1172.4 | 1153.0 | 1149.6 | 1139.0 |
| Line 7 | Mortgage REITs | FL643163075 | 212.9 | 214.7 | 241.4 | 215.7 | 217.9 | 225.4 | 241.4 | 243.0 | 246.3 |
| Line 8 | Business development companies | FL453163003 | 45.3 | 64.4 | 81.5 | 67.4 | 74.4 | 79.0 | 81.5 | 87.5 | 93.4 |
| Line 9 | Brokers and dealers | FL663163003 | 236.2 | 327.3 | 362.4 | 358.3 | 377.2 | 381.0 | 362.4 | 389.4 | 440.3 |
| Line 10 | Holding companies | FL733163005 | 1543.6 | 1535.1 | 1621.3 | 1598.3 | 1626.4 | 1613.1 | 1621.3 | 1668.7 | 1689.9 |
| Line 11 | Other financial business | FL503163003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 12 | Rest of the world(2) | LM263163005 | 3407.9 | 3414.6 | 3718.2 | 3520.9 | 3570.5 | 3648.4 | 3718.2 | 3725.6 | 3842.7 |
| Line 13 | Total assets(3) | FL893063005 | 14898.7 | 15486.5 | 17249.5 | 15989.4 | 16517.8 | 17034.4 | 17249.5 | 17590.7 | 18115.7 |
| Line 14 | Household sector | LM153063005 | 199.0 | 195.0 | 194.0 | 195.0 | 194.8 | 194.8 | 194.0 | 192.6 | 192.0 |
| Line 15 | Nonfinancial corporate business (equity REITs) | LM123063003 | 16.8 | 13.4 | 13.8 | 13.7 | 13.3 | 13.0 | 13.8 | 14.1 | 14.0 |
| Line 16 | Federal government | FL313063005 | 3.9 | 6.5 | 10.4 | 8.7 | 8.5 | 5.3 | 10.4 | 10.2 | 10.1 |
| Line 17 | State and local governments | LM213063003 | 303.0 | 308.0 | 325.8 | 311.3 | 320.1 | 328.7 | 325.8 | 325.2 | 327.0 |
| Line 18 | Central bank (official reserves) | FL713011525 | 3.9 | 6.5 | 10.4 | 8.7 | 8.5 | 5.3 | 10.4 | 10.2 | 10.1 |
| Line 19 | U.S.-chartered depository institutions | LM763063005 | 718.3 | 676.8 | 696.3 | 758.4 | 747.5 | 743.7 | 696.3 | 756.8 | 817.7 |
| Line 20 | MBS and other ABS | LM763063605 | 115.6 | 107.4 | 99.8 | 105.9 | 105.0 | 101.9 | 99.8 | 97.4 | 96.3 |
| Line 21 | Other | LM763063095 | 602.7 | 569.5 | 596.6 | 652.5 | 642.4 | 641.8 | 596.6 | 659.5 | 721.4 |
| Line 22 | Foreign banking offices in U.S. | LM753063005 | 135.0 | 148.9 | 144.3 | 134.8 | 139.7 | 137.2 | 144.3 | 138.5 | 140.9 |
| Line 23 | Banks in U.S.-affiliated areas | LM743063005 | 35.9 | 41.6 | 37.4 | 42.6 | 42.8 | 40.1 | 37.4 | 35.3 | 31.6 |
| Line 24 | Credit unions | LM473063005 | 19.2 | 23.7 | 27.1 | 25.4 | 25.9 | 26.3 | 27.1 | 28.0 | 28.2 |
| Line 25 | MBS and other ABS | LM473063605 | 18.7 | 23.4 | 26.8 | 25.1 | 25.5 | 25.9 | 26.8 | 27.9 | 28.0 |
| Line 26 | Other | LM473063095 | 0.5 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.3 | 0.1 | 0.1 |
| Line 27 | Property-casualty insurance companies | LM513063005 | 711.9 | 783.0 | 877.4 | 812.9 | 830.2 | 869.0 | 877.4 | 876.6 | 906.0 |
| Line 28 | MBS and other ABS | LM513063605 | 140.3 | 159.0 | 192.7 | 168.3 | 175.5 | 187.0 | 192.7 | 181.5 | 188.6 |
| Line 29 | Other | LM513063095 | 571.5 | 624.1 | 684.7 | 644.6 | 654.7 | 682.0 | 684.7 | 695.1 | 717.4 |
| Line 30 | Life insurance companies | LM543063005 | 3344.5 | 3533.5 | 3863.3 | 3621.8 | 3715.7 | 3831.2 | 3863.3 | 3873.1 | 3944.2 |
| Line 31 | MBS and other ABS | LM543063675 | 701.3 | 796.0 | 916.3 | 828.2 | 858.0 | 895.3 | 916.3 | 876.8 | 894.4 |
| Line 32 | Other | LM543063095 | 2643.1 | 2737.5 | 2947.0 | 2793.6 | 2857.7 | 2935.8 | 2947.0 | 2996.2 | 3049.8 |
| Line 33 | Private pension funds | LM573063005 | 866.6 | 842.9 | 896.8 | 859.7 | 873.9 | 894.5 | 896.8 | 888.1 | 897.3 |
| Line 34 | Federal government pension funds | LM343063005 | 13.3 | 13.7 | 15.6 | 14.1 | 14.5 | 15.2 | 15.6 | 15.1 | 15.7 |
| Line 35 | State and local govt. pension funds | LM223063045 | 549.4 | 599.9 | 610.6 | 613.2 | 556.7 | 608.7 | 610.6 | 633.4 | 634.6 |
| Line 36 | Money market funds | FL633063005 | 5.7 | 7.3 | 16.3 | 7.5 | 9.1 | 12.7 | 16.3 | 22.2 | 20.2 |
| Line 37 | Mutual funds | LM653063005 | 2196.8 | 2328.3 | 2523.7 | 2413.3 | 2439.0 | 2478.0 | 2523.7 | 2606.3 | 2672.1 |
| Line 38 | Closed-end funds | LM553063003 | 69.1 | 70.8 | 72.7 | 71.2 | 71.9 | 73.3 | 72.7 | 71.0 | 72.5 |
| Line 39 | Exchange-traded funds | LM563063003 | 868.4 | 1062.7 | 1337.5 | 1135.7 | 1187.0 | 1266.7 | 1337.5 | 1410.3 | 1518.1 |
| Line 40 | Interval and tender offer funds | LM463063005 | 24.6 | 30.1 | 36.6 | 31.8 | 33.5 | 35.9 | 36.6 | 37.5 | 38.8 |
| Line 41 | Hedge funds | LM623063005 | 179.6 | 175.9 | 168.8 | 166.1 | 178.7 | 175.1 | 168.8 | 208.2 | 238.6 |
| Line 42 | Private debt funds | LM443063000 | 122.7 | 111.1 | 118.2 | 111.3 | 110.4 | 108.9 | 118.2 | 118.6 | 121.4 |
| Line 43 | Government-sponsored enterprises | LM403063005 | 14.8 | 14.3 | 19.0 | 14.8 | 18.6 | 18.7 | 19.0 | 19.3 | 19.7 |
| Line 44 | MBS and other ABS | LM403063605 | 12.7 | 12.7 | 17.6 | 13.2 | 17.0 | 17.3 | 17.6 | 18.0 | 18.5 |
| Line 45 | Other | LM403063095 | 2.1 | 1.7 | 1.3 | 1.6 | 1.6 | 1.4 | 1.3 | 1.3 | 1.3 |
| Line 46 | Finance companies | LM613063003 | 28.3 | 21.0 | 22.7 | 21.2 | 20.8 | 20.4 | 22.7 | 23.0 | 21.7 |
| Line 47 | Mortgage REITs | LM643063073 | 10.9 | 11.9 | 15.6 | 13.7 | 13.5 | 14.9 | 15.6 | 16.4 | 16.2 |
| Line 48 | Brokers and dealers | LM663063005 | 67.9 | 65.5 | 65.8 | 69.4 | 77.2 | 77.6 | 65.8 | 69.6 | 79.4 |
| Line 49 | Holding companies | LM733063003 | 32.0 | 25.8 | 24.8 | 23.8 | 22.4 | 24.0 | 24.8 | 31.9 | 23.1 |
| Line 50 | Other financial business | FL503063005 | 67.6 | 72.1 | 82.3 | 79.4 | 81.1 | 84.6 | 82.3 | 88.9 | 108.9 |
| Line 51 | Rest of the world(4) | LM263063005 | 4289.8 | 4296.0 | 5022.2 | 4409.8 | 4762.4 | 4930.6 | 5022.2 | 5070.3 | 5195.7 |
| Line 52 | MBS and other ABS | LM263063603 | 391.7 | 415.1 | 458.5 | 422.8 | 429.4 | 446.6 | 458.5 | 466.8 | 481.4 |
| Line 53 | Other | LM263063095 | 3898.1 | 3880.9 | 4563.6 | 3987.0 | 4333.0 | 4484.0 | 4563.6 | 4603.4 | 4714.3 |
| Line 54 | Discrepancy(5) | LM903063003 | 790.4 | 767.8 | -96.2 | 658.0 | 286.8 | 14.6 | -96.2 | -191.9 | -410.6 |
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 11, 2026