Financial Accounts of the United States - Z.1
F3.5.t Corporate and foreign bonds 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Net issues | FA893163005 | 504.7 | 728.4 | 705.0 | -150.6 | 1364.3 | 511.8 | 690.7 | 253.3 | 1418.6 |
| Line 2 | Nonfinancial corporate business | FA103163005 | 208.3 | 273.3 | 233.7 | -93.3 | 481.8 | -121.1 | 383.3 | 190.7 | 473.5 |
| Line 3 | Domestic financial sectors | FA793163005 | 188.8 | 228.9 | 275.0 | -187.9 | 669.1 | 457.5 | 183.8 | -210.4 | 523.5 |
| Line 4 | U.S.-chartered depository institutions | FA763163005 | -5.5 | -15.0 | 4.2 | -66.3 | 49.1 | 74.9 | -49.1 | -58.3 | 55.8 |
| Line 5 | ABS issuers (net)(1) | FA673163005 | 95.6 | 85.5 | 122.6 | 81.9 | 168.2 | 194.6 | 224.3 | -96.6 | 177.2 |
| Line 6 | Finance companies | FA613163005 | 82.5 | 74.0 | 0.4 | -28.7 | 71.4 | -8.8 | 16.4 | -77.5 | -13.8 |
| Line 7 | Mortgage REITs | FA643163075 | -0.5 | 1.8 | 26.6 | 20.9 | 3.8 | 8.7 | 30.1 | 63.9 | 6.7 |
| Line 8 | Brokers and dealers | FA663163003 | 0.1 | 91.1 | 35.0 | 0.5 | 123.7 | 75.6 | 15.3 | -74.5 | 108.2 |
| Line 9 | Holding companies | FA733163005 | 16.5 | -8.6 | 86.2 | -196.2 | 252.9 | 112.5 | -53.2 | 32.7 | 189.4 |
| Line 10 | Other financial business | FA503163003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 11 | Rest of the world(2) | FA263163005 | 107.5 | 226.2 | 196.4 | 130.6 | 213.4 | 175.5 | 123.7 | 273.1 | 421.6 |
| Line 12 | Net purchases(3) | FA893063005 | 504.7 | 728.4 | 705.0 | -150.6 | 1364.3 | 511.8 | 690.7 | 253.3 | 1418.6 |
| Line 13 | Household sector | FA153063005 | 118.4 | -262.1 | -403.6 | -661.0 | -22.8 | -430.9 | -320.6 | -840.2 | -774.3 |
| Line 14 | Nonfinancial corporate business (equity REITs) | FA123063003 | -2.6 | -3.2 | -0.0 | 2.0 | 0.6 | -2.2 | -2.0 | 3.6 | 1.7 |
| Line 15 | Federal government | FA313063005 | -0.0 | -0.1 | 0.2 | 0.0 | 0.0 | 0.2 | 0.2 | 0.2 | 0.3 |
| Line 16 | State and local governments | FA213063003 | -1.8 | 6.9 | 6.7 | 18.1 | -2.3 | 24.1 | 12.6 | -7.7 | 17.9 |
| Line 17 | Central bank (official reserves) | FA713011525 | -0.0 | -0.1 | 0.2 | 0.0 | 0.0 | 0.2 | 0.2 | 0.2 | 0.3 |
| Line 18 | U.S.-chartered depository institutions | FA763063005 | -74.3 | -50.0 | 10.8 | -312.3 | 314.1 | -52.2 | -24.3 | -194.6 | 247.8 |
| Line 19 | MBS and other ABS | FA763063605 | -8.3 | -10.7 | -10.4 | -6.7 | -10.1 | -5.6 | -15.9 | -10.0 | -8.0 |
| Line 20 | Other | FA763063095 | -66.0 | -39.3 | 21.1 | -305.6 | 324.2 | -46.7 | -8.3 | -184.6 | 255.7 |
| Line 21 | Foreign banking offices in U.S. | FA753063005 | -32.8 | 15.1 | -9.4 | 72.6 | -64.4 | 15.4 | -19.6 | 31.0 | -15.9 |
| Line 22 | Banks in U.S.-affiliated areas | FA743063005 | 22.8 | 6.2 | -5.7 | 10.9 | 1.6 | -0.9 | -13.2 | -10.3 | -6.4 |
| Line 23 | Credit unions | FA473063005 | -1.3 | 4.7 | 2.5 | 4.6 | 5.5 | 1.0 | 0.3 | 3.3 | 3.7 |
| Line 24 | MBS and other ABS | FA473063605 | -1.0 | 4.9 | 2.6 | 4.6 | 5.5 | 0.9 | 0.1 | 3.8 | 3.7 |
| Line 25 | Other | FA473063095 | -0.3 | -0.2 | -0.1 | 0.0 | -0.0 | 0.1 | 0.1 | -0.5 | 0.0 |
| Line 26 | Property-casualty insurance companies | FA513063005 | 40.6 | 70.2 | 68.5 | 26.3 | 73.3 | 46.6 | 102.3 | 51.9 | 138.9 |
| Line 27 | MBS and other ABS | FA513063605 | 9.2 | 15.5 | 27.9 | -1.7 | 31.2 | 26.9 | 40.4 | 13.0 | 32.2 |
| Line 28 | Other | FA513063095 | 31.4 | 54.7 | 40.6 | 28.0 | 42.0 | 19.7 | 61.9 | 38.9 | 106.6 |
| Line 29 | Life insurance companies | FA543063005 | 85.6 | 226.0 | 218.2 | 131.7 | 147.8 | 248.9 | 257.2 | 218.8 | 346.7 |
| Line 30 | MBS and other ABS | FA543063675 | 9.1 | 38.9 | 94.1 | -153.5 | 100.6 | 110.8 | 117.8 | 47.3 | 68.5 |
| Line 31 | Other | FA543063095 | 76.5 | 187.1 | 124.0 | 285.2 | 47.2 | 138.1 | 139.3 | 171.4 | 278.2 |
| Line 32 | Private pension funds | FA573063005 | 21.4 | 20.7 | 26.8 | 22.8 | 21.2 | 28.3 | 35.8 | 21.7 | 15.1 |
| Line 33 | Federal government pension funds | FA343063005 | 0.4 | 0.6 | 1.2 | -0.4 | 0.5 | 1.5 | 1.7 | 1.1 | -1.2 |
| Line 34 | State and local govt. pension funds | FA223063045 | -37.3 | 60.2 | 47.2 | 52.2 | 18.4 | 22.0 | -4.0 | 152.6 | 55.2 |
| Line 35 | Money market funds | FA633063005 | -0.8 | 1.6 | 9.0 | -8.2 | 0.9 | 6.4 | 14.2 | 14.3 | 23.7 |
| Line 36 | Mutual funds | FA653063005 | -13.8 | 140.2 | 108.4 | 52.4 | 202.3 | 18.0 | -3.6 | 217.0 | 378.5 |
| Line 37 | Closed-end funds | FA553063003 | 0.1 | -0.2 | 1.1 | -0.4 | 0.1 | 2.3 | 0.9 | 0.9 | 1.7 |
| Line 38 | Exchange-traded funds | FA563063003 | 90.2 | 205.6 | 249.8 | 233.7 | 240.3 | 171.8 | 276.3 | 310.8 | 332.0 |
| Line 39 | Government-sponsored enterprises | FA403063005 | 2.1 | -0.4 | 4.5 | -0.1 | 1.5 | 15.1 | 0.4 | 0.8 | 1.6 |
| Line 40 | MBS and other ABS | FA403063605 | 2.5 | -0.0 | 4.8 | 0.1 | 1.6 | 15.2 | 1.2 | 1.0 | 1.8 |
| Line 41 | Other | FA403063095 | -0.4 | -0.4 | -0.3 | -0.2 | -0.1 | -0.2 | -0.8 | -0.2 | -0.1 |
| Line 42 | Finance companies | FA613063003 | -25.8 | -7.6 | 1.0 | -6.2 | -0.4 | -2.6 | -2.7 | 9.5 | 2.2 |
| Line 43 | Mortgage REITs | FA643063073 | 0.4 | 1.2 | 3.2 | 2.8 | 6.4 | -1.0 | 4.4 | 3.1 | 4.0 |
| Line 44 | Brokers and dealers | FA663063005 | 11.5 | -2.3 | -2.1 | -1.6 | 12.1 | 29.0 | -3.4 | -46.2 | 18.9 |
| Line 45 | Holding companies | FA733063003 | 1.4 | -6.0 | -1.7 | 0.9 | -8.7 | -6.6 | 5.0 | 3.7 | 29.7 |
| Line 46 | Other financial business | FA503063005 | 0.4 | 4.5 | 10.2 | -34.1 | 28.9 | 6.9 | 14.2 | -9.1 | 26.5 |
| Line 47 | Rest of the world(4) | FA263063005 | 299.8 | 296.5 | 358.4 | 242.7 | 387.7 | 370.5 | 358.4 | 317.1 | 570.2 |
| Line 48 | MBS and other ABS | FA263063603 | 40.2 | 20.8 | 41.8 | 19.2 | 30.3 | 27.8 | 63.4 | 45.7 | 32.0 |
| Line 49 | Other | FA263063095 | 259.6 | 275.7 | 316.6 | 223.6 | 357.4 | 342.7 | 295.0 | 271.4 | 538.2 |
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: June 11, 2026