Financial Accounts of the United States - Z.1
S127.2.t Other financial business 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 | 2026:Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Gross saving | FA506006405 | -79.0 | -28.1 | 49.7 | -19.6 | 30.7 | 70.8 | 116.6 | 106.3 | 150.1 |
| Line 2 | Net acquisition of financial assets | FA504090005 | -64.6 | 64.8 | 261.3 | 429.6 | 302.3 | 80.5 | 232.7 | 10.3 | -155.7 |
| Line 3 | Checkable deposits and currency | FA503020005 | -45.4 | 5.6 | 54.2 | 89.4 | 123.8 | -10.2 | 13.7 | 43.5 | 46.8 |
| Line 4 | Debt securities | FA504022005 | -46.8 | -10.7 | 85.6 | 145.1 | 258.9 | -82.1 | 20.4 | -82.4 | -188.6 |
| Line 5 | Open market paper | FA503069105 | -63.8 | -38.9 | 58.8 | 127.0 | 240.0 | -109.6 | -22.3 | -105.8 | -258.4 |
| Line 6 | Treasury securities | FA503061123 | 19.5 | 23.7 | 16.6 | -10.7 | 12.1 | 13.3 | 51.9 | -3.1 | -10.0 |
| Line 7 | Corporate and foreign bonds | FA503063005 | 0.4 | 4.5 | 10.2 | 28.9 | 6.9 | 14.2 | -9.1 | 26.5 | 79.8 |
| Line 8 | Municipal securities | FA503062003 | -2.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 9 | Loans | FA504041005 | 19.8 | 7.8 | 19.2 | -41.9 | 9.9 | 84.2 | 24.5 | -27.9 | -66.7 |
| Line 10 | Security repurchase agreements | FA502051005 | 1.5 | -1.3 | 0.9 | -0.8 | 5.4 | -1.8 | 0.6 | 6.2 | -2.6 |
| Line 11 | Other loans and advances | FA503069005 | 18.3 | 9.1 | 18.3 | -41.1 | 4.5 | 85.9 | 23.9 | -34.1 | -64.1 |
| Line 12 | Corporate equities | FA503064105 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 13 | Money market fund shares | FA503034005 | 19.8 | 73.6 | 75.7 | 139.8 | -91.6 | 93.6 | 160.9 | 91.9 | 110.3 |
| Line 14 | Hedge fund shares | FA503064705 | -20.6 | 0.6 | -3.1 | -2.2 | 0.8 | -7.2 | -3.7 | -3.3 | 1.5 |
| Line 15 | Private debt fund shares | FA503064500 | 2.5 | 4.4 | 3.7 | 2.8 | 2.8 | 2.6 | 6.8 | 0.5 | 0.5 |
| Line 16 | Equity investment in affiliates | FA503094505 | 6.2 | -16.5 | 26.0 | 96.3 | -2.3 | -0.4 | 10.4 | -12.2 | -59.3 |
| Line 17 | Miscellaneous assets | FA503093023 | -0.0 | 0.1 | -0.0 | 0.1 | -0.0 | 0.0 | -0.2 | 0.2 | -0.1 |
| Line 18 | Net increase in liabilities and equity | FA504194005 | 14.4 | 92.9 | 211.6 | 449.1 | 271.6 | 9.7 | 116.1 | -96.0 | -305.8 |
| Line 19 | Net increase in liabilities | FA504190005 | 25.2 | 101.2 | 221.0 | 478.2 | 277.2 | 7.5 | 121.1 | -98.4 | -471.9 |
| Line 20 | Debt securities | FA504122005 | 10.8 | -0.6 | 36.3 | 84.4 | -10.6 | 83.4 | -12.0 | -48.8 | 3.2 |
| Line 21 | Open market paper | FA503169105 | 10.8 | -0.6 | 36.3 | 84.4 | -10.6 | 83.4 | -12.0 | -48.8 | 3.2 |
| Line 22 | Corporate bonds | FA503163003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 23 | Loans | FA504141005 | -15.9 | 44.9 | 95.5 | 108.5 | 159.2 | 26.4 | 87.8 | 62.9 | 36.1 |
| Line 24 | Depository institution loans n.e.c. | FA713068505 | -7.8 | -3.9 | -3.5 | -3.2 | -2.1 | -3.9 | -4.9 | -0.2 | 0.0 |
| Line 25 | Private credit loans | FA503167205 | 14.7 | 21.6 | 25.9 | 25.5 | 25.3 | 22.0 | 31.0 | 11.3 | 14.5 |
| Line 26 | Other loans and advances | FA503169005 | -22.8 | 27.1 | 73.1 | 86.2 | 136.0 | 8.3 | 61.7 | 51.8 | 21.6 |
| Line 27 | Foreign direct investment: intercompany debt | FA503192305 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 28 | Miscellaneous liabilities | FA503190005 | 30.4 | 56.9 | 89.3 | 285.3 | 128.6 | -102.2 | 45.4 | -112.4 | -511.2 |
| Line 29 | Securities lending (net) | FA663070675 | 3.9 | 45.2 | 101.8 | 288.5 | 68.5 | 141.6 | -91.4 | 264.9 | 797.6 |
| Line 30 | Other | FA503193005 | 26.5 | 11.7 | -12.6 | -3.1 | 60.1 | -243.9 | 136.7 | -377.3 | -1308.8 |
| Line 31 | Net equity issuance | FA503181105 | -10.9 | -8.3 | -9.4 | -29.1 | -5.7 | 2.1 | -5.0 | 2.4 | 166.1 |
| Line 32 | Corporate equities | FA503164105 | -2.9 | -4.3 | -6.8 | -29.1 | 0.1 | -0.6 | 2.5 | 2.4 | 163.4 |
| Line 33 | Foreign direct investment: equity | FA503192103 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 34 | Equity interest under PPIP | FA503194305 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 35 | Equity in Federal Reserve facilities(2) | FA503194205 | -8.0 | -3.9 | -2.6 | 0.0 | -5.7 | 2.7 | -7.5 | 0.0 | 2.7 |
Notes:
- Includes funding subsidiaries, custodial accounts for reinvested collateral of securities lending operations, funds associated with the Public-Private Investment Program (PPIP), Federal Reserve funding, credit, and liquidity facility special purpose vehicles (SPV) created in response to the 2008 Financial Crisis and COVID-19 pandemic, and U.S. central clearing parties.
- U.S. Treasury Exchange Stabilization Fund Economic Recovery Programs investment in Federal Reserve SPVs.
Last Update: September 11, 2026