Board of Governors of the Federal Reserve System

Millions of dollars

Type of issue or issuer, or use		2022	2023	2024	Apr 2025	May 2025	Jun 2025	Jul 2025	Aug 2025	Sep 2025	Oct 2025	Nov 2025
1	All issues, new and refunding 1	1,470,858	1,445,909	2,117,513	148,548	227,980	190,992	195,196	175,552	307,268	232,715	260,447
2	Bonds 2	1,457,409	1,392,684	1,966,890	140,383	216,701	173,908	176,557	166,618	290,606	214,661	242,174
	By type of offering
3	Sold in the United States	1,419,778	1,371,736	1,944,135	139,236	208,450	165,670	170,972	163,263	281,116	210,296	230,211
4	Sold abroad	37,631	20,948	22,755	1,147	8,251	8,238	5,585	3,354	9,490	4,365	11,963
	MEMO
5	Private placements, domestic	60,382	75,335	95,073	5,013	5,166	7,910	3,074	500	260	335	n.a.
	By industry group
6	Nonfinancial	557,324	632,652	844,630	52,064	84,045	70,154	51,809	77,425	148,259	81,321	132,674
7	Financial	900,086	760,031	1,122,260	88,319	132,656	103,754	124,748	89,193	142,346	133,341	109,500
8	Stocks 3	71,115	64,068	152,169	8,167	11,279	17,085	18,639	8,945	16,698	18,069	26,919
	By industry group
9	Nonfinancial	32,760	44,563	94,573	1,076	6,048	9,089	7,278	5,921	10,617	10,516	22,359
10	Financial	38,355	19,506	57,596	7,092	5,231	7,996	11,361	3,025	6,080	7,553	4,560

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