Board of Governors of the Federal Reserve System

Millions of dollars

Type of issue or issuer, or use		2023	2024	2025	Sep 2025	Oct 2025	Nov 2025	Dec 2025	Jan 2026	Feb 2026	Mar 2026	Apr 2026
1	All issues, new and refunding 1	1,446,332	2,119,236	2,602,206	308,544	246,897	270,689	128,374	245,175	335,641	346,032	257,646
2	Bonds 2	1,393,107	1,968,613	2,420,388	291,881	228,843	252,280	97,703	232,140	316,875	326,296	236,187
	By type of offering
3	Sold in the United States	1,372,159	1,945,321	2,358,634	282,691	224,562	244,902	94,650	226,341	298,624	317,695	227,084
4	Sold abroad	20,948	23,292	61,754	9,190	4,281	7,378	3,053	5,799	18,251	8,601	9,103
	MEMO
5	Private placements, domestic	75,335	99,048	96,101	10,406	3,867	4,991	8,064	123	3,205	180	100
	By industry group
6	Nonfinancial	635,167	847,379	1,029,618	147,659	82,995	132,168	38,215	68,314	193,491	186,468	95,532
7	Financial	757,940	1,121,235	1,390,770	144,222	145,848	120,112	59,488	163,826	123,384	139,828	140,656
8	Stocks 3	64,068	152,169	197,048	16,698	18,069	27,056	34,517	13,053	23,578	21,899	21,564
	By industry group
9	Nonfinancial	44,563	94,573	119,771	10,617	10,516	22,395	24,638	7,508	12,721	16,316	14,667
10	Financial	19,506	57,596	77,277	6,080	7,553	4,661	9,880	5,545	10,856	5,583	6,897

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