Financial Accounts of the United States - Z.1
F3.5.t 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 | Net issues | FA893163005 | 521.7 | 794.5 | 805.4 | 1423.3 | 653.2 | 757.5 | 387.6 | 1394.8 | 1351.9 |
| Line 2 | Nonfinancial corporate business | FA103163005 | 227.8 | 293.2 | 270.0 | 492.4 | -47.5 | 417.7 | 217.5 | 483.7 | 327.0 |
| Line 3 | Domestic financial sectors | FA793163005 | 186.4 | 267.5 | 326.9 | 680.4 | 532.8 | 242.8 | -148.3 | 493.7 | 492.0 |
| Line 4 | U.S.-chartered depository institutions | FA763163005 | -5.5 | -17.6 | 6.7 | 34.9 | 75.7 | -42.2 | -41.4 | -22.2 | 24.8 |
| Line 5 | ABS issuers (net)(1) | FA673163005 | 90.5 | 107.6 | 154.8 | 181.7 | 241.0 | 258.4 | -61.7 | 201.3 | 184.4 |
| Line 6 | Finance companies | FA613163005 | 82.5 | 74.0 | 0.4 | 71.4 | -8.8 | 16.4 | -77.5 | -13.8 | -42.2 |
| Line 7 | Mortgage REITs | FA643163075 | -0.5 | 1.8 | 26.6 | 3.8 | 8.7 | 30.1 | 63.9 | 6.7 | 13.1 |
| Line 8 | Business development companies | FA453163003 | 2.7 | 19.1 | 17.1 | 12.0 | 28.2 | 18.0 | 10.3 | 23.9 | 23.5 |
| Line 9 | Brokers and dealers | FA663163003 | 0.1 | 91.1 | 35.0 | 123.7 | 75.6 | 15.3 | -74.5 | 108.2 | 203.4 |
| Line 10 | Holding companies | FA733163005 | 16.5 | -8.6 | 86.2 | 252.9 | 112.5 | -53.2 | 32.7 | 189.6 | 85.0 |
| Line 11 | Other financial business | FA503163003 | 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) | FA263163005 | 107.5 | 233.8 | 208.5 | 250.5 | 168.0 | 97.0 | 318.4 | 417.4 | 532.9 |
| Line 13 | Net purchases(3) | FA893063005 | 521.7 | 794.5 | 805.4 | 1423.3 | 653.2 | 757.5 | 387.6 | 1394.8 | 1351.9 |
| Line 14 | Household sector | FA153063005 | 79.7 | -151.4 | -268.9 | 43.1 | -79.5 | -380.5 | -658.6 | -982.7 | -518.7 |
| Line 15 | Nonfinancial corporate business (equity REITs) | FA123063003 | -2.6 | -3.2 | -0.0 | 0.6 | -2.2 | -2.0 | 3.6 | 1.6 | -0.5 |
| Line 16 | Federal government | FA313063005 | -0.0 | -0.1 | 1.3 | 0.0 | -3.5 | -12.5 | 21.3 | -0.0 | 0.3 |
| Line 17 | State and local governments | FA213063003 | 0.1 | 8.4 | 6.8 | -4.1 | 24.4 | 14.0 | -7.2 | 16.1 | 2.4 |
| Line 18 | Central bank (official reserves) | FA713011525 | -0.0 | -0.1 | 1.3 | 0.0 | -3.5 | -12.5 | 21.3 | -0.0 | 0.3 |
| Line 19 | U.S.-chartered depository institutions | FA763063005 | -74.3 | -50.0 | 10.7 | 314.1 | -52.2 | -24.3 | -194.7 | 247.7 | 241.6 |
| Line 20 | MBS and other ABS | FA763063605 | -8.3 | -10.7 | -10.4 | -10.1 | -5.6 | -15.9 | -10.0 | -8.1 | -4.1 |
| Line 21 | Other | FA763063095 | -66.0 | -39.3 | 21.1 | 324.2 | -46.7 | -8.3 | -184.6 | 255.7 | 245.7 |
| Line 22 | Foreign banking offices in U.S. | FA753063005 | -32.8 | 15.1 | -9.6 | -64.8 | 14.9 | -19.1 | 30.5 | -15.1 | 7.7 |
| Line 23 | Banks in U.S.-affiliated areas | FA743063005 | 22.8 | 6.2 | -5.7 | 1.6 | -0.9 | -13.2 | -10.3 | -6.4 | -15.6 |
| Line 24 | Credit unions | FA473063005 | -1.3 | 4.7 | 2.5 | 5.5 | 1.0 | 0.3 | 3.3 | 5.3 | 0.2 |
| Line 25 | MBS and other ABS | FA473063605 | -1.0 | 4.9 | 2.6 | 5.5 | 0.9 | 0.1 | 3.8 | 5.8 | 0.2 |
| Line 26 | Other | FA473063095 | -0.3 | -0.2 | -0.1 | -0.0 | 0.1 | 0.1 | -0.5 | -0.5 | 0.0 |
| Line 27 | Property-casualty insurance companies | FA513063005 | 40.6 | 70.2 | 65.8 | 74.8 | 40.9 | 102.1 | 45.5 | 46.4 | 104.1 |
| Line 28 | MBS and other ABS | FA513063605 | 9.2 | 15.5 | 14.2 | 15.4 | 9.7 | 21.6 | 10.2 | -34.2 | 25.9 |
| Line 29 | Other | FA513063095 | 31.4 | 54.7 | 51.6 | 59.4 | 31.2 | 80.5 | 35.3 | 80.6 | 78.2 |
| Line 30 | Life insurance companies | FA543063005 | 86.1 | 224.7 | 221.5 | 171.3 | 269.8 | 243.2 | 201.7 | 259.8 | 225.7 |
| Line 31 | MBS and other ABS | FA543063675 | 9.1 | 38.9 | 45.2 | 39.0 | 46.0 | 49.2 | 46.5 | -106.7 | 57.5 |
| Line 32 | Other | FA543063095 | 77.0 | 185.8 | 176.3 | 132.3 | 223.8 | 194.0 | 155.2 | 366.5 | 168.2 |
| Line 33 | Private pension funds | FA573063005 | 21.4 | -13.8 | 23.8 | 19.7 | 27.4 | 26.7 | 21.4 | 15.9 | 23.4 |
| Line 34 | Federal government pension funds | FA343063005 | 0.4 | 0.6 | 1.4 | 0.5 | 1.5 | 1.7 | 2.0 | -1.2 | 2.0 |
| Line 35 | State and local govt. pension funds | FA223063045 | -30.7 | 56.8 | -9.9 | 19.3 | -247.1 | 172.7 | 15.6 | 126.0 | -4.9 |
| Line 36 | Money market funds | FA633063005 | -0.8 | 1.6 | 9.0 | 0.9 | 6.4 | 14.2 | 14.3 | 23.7 | -7.8 |
| Line 37 | Mutual funds | FA653063005 | -12.6 | 140.0 | 108.2 | 203.8 | 17.0 | -5.1 | 217.2 | 477.7 | 223.3 |
| Line 38 | Closed-end funds | FA553063003 | 0.1 | -0.2 | 1.1 | 0.1 | 2.3 | 0.9 | 0.9 | 1.7 | -1.3 |
| Line 39 | Exchange-traded funds | FA563063003 | 90.2 | 205.6 | 249.8 | 240.2 | 171.8 | 276.3 | 310.8 | 339.1 | 416.8 |
| Line 40 | Interval and tender offer funds | FA463063005 | 3.4 | 4.6 | 5.1 | 5.0 | 5.5 | 7.0 | 3.0 | 5.9 | 4.6 |
| Line 41 | Hedge funds | FA623063005 | 25.3 | -2.8 | -13.3 | -49.4 | 45.1 | -26.0 | -22.8 | 166.9 | 118.9 |
| Line 42 | Private debt funds | FA443063000 | 16.7 | -10.7 | 3.2 | 5.7 | 0.2 | -3.7 | 10.6 | 21.8 | 16.4 |
| Line 43 | Government-sponsored enterprises | FA403063005 | 2.1 | -0.4 | 4.5 | 1.5 | 15.1 | 0.4 | 0.8 | 1.6 | 1.8 |
| Line 44 | MBS and other ABS | FA403063605 | 2.5 | -0.0 | 4.8 | 1.6 | 15.2 | 1.2 | 1.0 | 1.8 | 1.9 |
| Line 45 | Other | FA403063095 | -0.4 | -0.4 | -0.3 | -0.1 | -0.2 | -0.8 | -0.2 | -0.1 | -0.1 |
| Line 46 | Finance companies | FA613063003 | -25.8 | -7.6 | 1.0 | -0.4 | -2.6 | -2.7 | 9.5 | 2.2 | -5.4 |
| Line 47 | Mortgage REITs | FA643063073 | 0.4 | 1.2 | 3.2 | 6.4 | -1.0 | 4.4 | 3.1 | 4.0 | -1.1 |
| Line 48 | Brokers and dealers | FA663063005 | 11.5 | -2.3 | -2.1 | 12.1 | 29.0 | -3.4 | -46.2 | 18.9 | 38.3 |
| Line 49 | Holding companies | FA733063003 | 1.4 | -6.0 | -1.7 | -8.7 | -6.6 | 5.0 | 3.7 | 29.7 | -35.8 |
| Line 50 | Other financial business | FA503063005 | 0.4 | 4.5 | 10.2 | 28.9 | 6.9 | 14.2 | -9.1 | 26.5 | 79.8 |
| Line 51 | Rest of the world(4) | FA263063005 | 299.8 | 298.8 | 386.2 | 395.7 | 373.1 | 379.5 | 396.4 | 561.7 | 435.4 |
| Line 52 | MBS and other ABS | FA263063603 | 40.2 | 20.8 | 42.9 | 30.3 | 27.8 | 65.8 | 47.6 | 33.1 | 58.2 |
| Line 53 | Other | FA263063095 | 259.6 | 278.0 | 343.3 | 365.4 | 345.3 | 313.7 | 348.8 | 528.7 | 377.2 |
Notes:
- Net issuance less net acquisition of corporate bonds held as assets.
- Net purchases of foreign issues by U.S. residents.
- For some sectors, purchases 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.
- Net purchases of U.S. issues by foreign residents.
Last Update: September 11, 2026