Board of Governors of the Federal Reserve System

Millions of dollars

Type of issue or issuer, or use		2022	2023	2024	Jan 2025	Feb 2025	Mar 2025	Apr 2025	May 2025	Jun 2025	Jul 2025	Aug 2025
1	All issues, new and refunding 1	1,465,270	1,435,897	2,108,158	210,385	231,455	247,866	146,043	227,289	188,231	185,046	165,730
2	Bonds 2	1,451,822	1,382,672	1,957,535	195,702	223,369	236,717	137,879	216,010	171,147	166,407	156,795
	By type of offering
3	Sold in the United States	1,414,191	1,361,724	1,935,062	192,424	219,525	231,822	136,731	207,759	162,909	160,822	153,441
4	Sold abroad	37,631	20,948	22,473	3,278	3,844	4,896	1,147	8,251	8,238	5,585	3,354
	MEMO
5	Private placements, domestic	59,910	76,922	91,701	3,852	4,528	5,896	5,013	5,166	7,910	100	n.a.
	By industry group
6	Nonfinancial	551,337	623,240	835,755	56,024	123,529	113,651	49,585	84,045	68,925	51,398	77,829
7	Financial	900,486	759,431	1,121,781	139,677	99,840	123,067	88,294	131,964	102,222	115,009	78,966
8	Stocks 3	71,115	64,068	152,169	14,683	10,734	11,175	8,167	11,279	17,085	18,639	8,945
	By industry group
9	Nonfinancial	32,760	44,563	94,573	7,844	6,809	7,541	1,076	6,048	9,089	7,278	5,921
10	Financial	38,355	19,506	57,596	6,839	3,925	3,635	7,092	5,231	7,996	11,361	3,025

1. Figures represent gross proceeds of issues maturing in more than one year; they are the principal amount or number of units calculated by multiplying by the offering price. Figures exclude secondary offerings, employee stock plans, investment companies other than closed-end, intracorporate transactions, Yankee bonds, and private placements listed. Stock data include ownership securities issued by limited partnerships.  Return to table
2. Monthly data include 144(a) offerings.  Return to table
3. Monthly data include public offerings.  Return to table