Financial Accounts of the United States - Z.1
S125s1.3.t Issuers of asset-backed securities (ABS) 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 | 2026:Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Gross saving | FA676330023 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 2 | Fixed nonresidential investment | FA675013025 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 3 | Net acquisition of financial assets | FA674090005 | 35.4 | 149.0 | 231.7 | 210.2 | 228.1 | 335.4 | 153.0 | 147.3 | 277.0 |
| Line 4 | Debt securities | FA674022005 | -5.0 | -5.2 | -7.1 | -14.7 | -8.8 | -5.3 | 0.5 | -0.5 | -1.9 |
| Line 5 | Treasury securities | FA673061103 | -5.0 | -5.2 | -7.1 | -14.7 | -8.8 | -5.3 | 0.5 | -0.5 | -1.9 |
| Line 6 | Agency- and GSE-backed securities(1) | FA673061703 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 7 | Loans | FA674035005 | 24.3 | 119.2 | 169.5 | 167.2 | 140.1 | 254.0 | 116.6 | 101.0 | 210.0 |
| Line 8 | Consumer credit | FA673066000 | 13.3 | -0.6 | 0.1 | -8.3 | 9.6 | -2.3 | 1.5 | -7.4 | 6.7 |
| Line 9 | Private credit loans | FA673067205 | 6.9 | 11.3 | 10.8 | -10.5 | 36.0 | 9.7 | 7.8 | -4.1 | 9.6 |
| Line 10 | Mortgages(2) | FA673065005 | 25.9 | 70.1 | 107.9 | 130.6 | 87.1 | 177.3 | 36.6 | 179.6 | 152.4 |
| Line 11 | One-to-four-family residential | FA673065105 | 11.6 | 45.3 | 48.9 | 51.7 | 30.3 | 54.2 | 59.3 | 81.5 | 111.3 |
| Line 12 | Multifamily residential | FA673065405 | 7.4 | 3.9 | 3.2 | 2.2 | 7.1 | -0.6 | 4.0 | 4.3 | 2.8 |
| Line 13 | Commercial | FA673065505 | 6.9 | 20.9 | 55.8 | 76.6 | 49.7 | 123.7 | -26.7 | 93.8 | 38.4 |
| Line 14 | Other loans and advances | FA673069005 | -21.8 | 38.4 | 50.7 | 55.4 | 7.4 | 69.4 | 70.7 | -67.2 | 41.3 |
| Line 15 | Trade credit | FA673070003 | 3.8 | 4.1 | 9.1 | 5.3 | 12.6 | 1.9 | 16.8 | 4.7 | 29.1 |
| Line 16 | Miscellaneous assets (funding agreements)(3) | FA673090543 | 12.3 | 30.9 | 60.1 | 52.4 | 84.2 | 84.7 | 19.1 | 42.2 | 39.7 |
| Line 17 | Net increase in liabilities | FA674190005 | 35.4 | 149.0 | 231.7 | 210.2 | 228.1 | 335.4 | 153.0 | 147.3 | 277.0 |
| Line 18 | Debt securities | FA674122005 | 32.4 | 142.5 | 221.9 | 209.0 | 205.3 | 323.4 | 149.8 | 145.3 | 259.0 |
| Line 19 | Commercial paper | FA673169105 | -58.1 | 34.9 | 67.0 | 27.2 | -35.7 | 65.0 | 211.5 | -56.0 | 74.6 |
| Line 20 | Corporate bonds (net)(4) | FA673163005 | 90.5 | 107.6 | 154.8 | 181.7 | 241.0 | 258.4 | -61.7 | 201.3 | 184.4 |
| Line 21 | Loans (security repurchase agreements) | FA672151003 | 3.0 | 6.5 | 9.8 | 1.2 | 22.8 | 12.0 | 3.2 | 2.0 | 18.0 |
| Line 22 | Discrepancy | FA677005005 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Memo: Securitized assets not included above | |||||||||||
| Line 23 | Consumer leases(5) | FA675013263 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 24 | Mortgage REIT assets(6) | FA643065045 | -7.3 | 0.9 | 15.8 | -1.4 | 7.3 | 23.4 | 34.0 | 12.7 | 2.1 |
Notes:
- Agency- and GSE-backed mortgage pool securities backing privately issued CMOs.
- Mortgages backing privately issued pool securities and privately issued CMOs.
- Funding agreements with life insurance companies.
- Net issuance less net acquisition of corporate bonds held as assets.
- Receivables from operating leases, such as consumer automobile leases, are recorded as current income when payments are received and are not included in financial assets (or household liabilities). The leased automobile is a nonfinancial asset; depreciation is included in gross saving, and fixed investment is included in fixed nonresidential investment.
- Included on mortgage real estate investment trusts (mortgage REITs) table (S124.4.t).
Last Update: September 11, 2026