Board of Governors of the Federal Reserve System

Millions of dollars

Type of issue or issuer, or use		2023	2024	2025	Dec 2025	Jan 2026	Feb 2026	Mar 2026	Apr 2026	May 2026	Jun 2026	Jul 2026
1	All issues, new and refunding 1	1,446,332	2,120,836	2,603,050	128,374	253,443	334,279	348,165	268,899	314,266	393,913	214,407
2	Bonds 2	1,393,107	1,970,213	2,421,232	97,703	240,409	315,513	328,430	247,440	283,617	276,586	200,051
	By type of offering
3	Sold in the United States	1,372,159	1,946,921	2,359,478	94,650	234,606	297,263	319,829	241,846	258,448	257,602	192,552
4	Sold abroad	20,948	23,292	61,754	3,053	5,802	18,251	8,601	5,594	25,168	18,984	7,500
	MEMO
5	Private placements, domestic	75,349	99,048	117,830	8,432	616	1,654	13,601	9,194	9,236	14,789	1,198
	By industry group
6	Nonfinancial	635,167	847,979	1,029,618	38,215	68,064	193,491	186,468	93,072	137,575	152,608	83,491
7	Financial	757,940	1,122,235	1,391,614	59,488	172,344	122,023	141,962	154,368	146,042	123,979	116,560
8	Stocks 3	64,068	152,169	197,048	34,517	13,053	23,578	21,899	21,564	33,650	157,362	14,356
	By industry group
9	Nonfinancial	44,563	94,573	119,771	24,638	7,508	12,721	16,316	14,667	21,167	150,442	7,831
10	Financial	19,506	57,596	77,277	9,880	5,545	10,856	5,583	6,897	12,483	6,920	6,525

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