FRB: Z.1 Release--F.212--Municipal Securities--December 10, 2015

F.212 Municipal Securities

Billions of dollars; quarterly figures are seasonally adjusted annual rates

Description	2009	2010	2011	2012	2013	2014	2014 Q3	2014 Q4	2015 Q1	2015 Q2	2015 Q3	Line
Domestic nonfinancial sectors; municipal securities; liability	155.3	99.7	-52.8	-4.9	-43.2	-18.8	-58.4	47.6	157.3	52.4	50.7	1
State and local governments, excluding employee retirement funds; municipal securities; liability	112.2	68.7	-53.6	-5.7	-39.4	-14.0	-51.2	43.9	126.5	29.1	51.8	2
State and local governments, excluding employee retirement funds; short-term municipal securities; liability	7.8	-0.7	-10.6	3.8	-10.9	-6.7	-23.4	-4.4	0.6	12.6	-33.3	3
State and local governments, excluding employee retirement funds; long-term municipal securities; liability	104.4	69.3	-42.9	-9.4	-28.6	-7.4	-27.8	48.3	125.9	16.5	85.2	4
Nonprofit organizations; municipal securities; liability	5.9	-2.2	-7.8	-14.5	-13.1	-4.8	-9.8	-6.0	-0.4	-13.3	-9.9	5
Nonfinancial corporate business; municipal securities; liability	37.2	33.2	8.5	15.2	9.3	-0.1	2.6	9.7	31.2	36.6	8.7	6
Domestic nonfinancial sectors; municipal securities; liability	155.3	99.7	-52.8	-4.9	-43.2	-18.8	-58.4	47.6	157.3	52.4	50.7	7
Households and nonprofit organizations; municipal securities; asset	107.0	43.5	-65.8	-144.7	-53.9	-67.0	-122.1	-32.7	16.9	-19.5	11.7	8
Nonfinancial corporate business; municipal securities; asset	0.9	-3.2	-1.6	0.6	-1.1	-8.7	-11.2	0.3	8.7	-1.6	-3.0	9
Nonfinancial noncorporate business; municipal securities; asset	0.2	0.5	0.3	0.2	-1.7	0.2	0.2	0.3	0.3	0.4	0.3	10
State and local governments, excluding employee retirement funds; municipal securities; asset	1.1	1.4	0.2	0.2	-0.1	0.4	-0.5	0.3	0.9	-0.1	0.4	11
U.S.-chartered depository institutions; municipal securities; asset	2.4	30.3	42.6	67.8	53.8	32.7	32.5	42.5	67.4	46.1	35.1	12
Foreign banking offices in the U.S.; municipal securities; asset	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	13
Banks in U.S.-affiliated areas; municipal securities; asset	0.9	-0.9	0.9	-0.8	0.9	-0.9	-0.3	0.3	0.2	-1.0	-1.1	14
Credit unions; municipal securities; asset	0.0	0.0	3.2	1.0	0.3	-0.8	0.2	-4.8	0.7	1.2	0.6	15
Property-casualty insurance companies; municipal securities; asset	-12.6	-21.0	-17.4	-2.9	-1.7	-4.7	2.2	-1.6	-5.7	5.5	2.7	16
Life insurance companies; municipal securities; asset	26.1	39.2	9.4	9.7	10.1	6.2	6.8	3.3	1.3	3.5	5.5	17
Private defined contribution pension funds; municipal securities held by 403(b) plans; asset	0.0	0.1	0.0	0.1	0.2	0.0	0.2	0.1	0.1	0.1	-0.4	18
State and local government employee defined benefit retirement funds; municipal securities; asset	0.1	0.8	-0.6	0.2	1.3	1.1	1.4	3.1	-5.4	7.7	0.3	19
Money market mutual funds; municipal securities; asset	-69.4	-53.4	-29.4	-20.6	-28.3	-26.7	-10.2	-44.0	-9.6	-29.8	-7.5	20
Mutual funds; municipal securities; asset	89.4	46.7	15.7	86.2	-13.5	43.8	51.1	57.9	64.8	37.5	17.2	21
Closed-end funds; municipal securities; asset	3.3	0.4	0.9	3.5	-1.7	0.5	-6.4	2.2	-0.6	-2.8	-1.2	22
Exchange-traded funds; municipal securities; asset	3.6	1.7	1.0	3.6	-0.8	3.2	3.3	4.8	5.6	2.2	2.0	23
Government-sponsored enterprises; municipal securities and Sallie Mae public academic facilities financing and Sallie Mae public warehousing advances; asset	-2.2	-4.2	-3.9	-4.1	-3.5	-2.6	-3.0	-2.4	-3.6	-3.2	-1.5	24
Security brokers and dealers; municipal securities; asset	-3.3	4.6	-9.1	-4.3	-8.0	0.2	-8.0	10.6	7.1	-6.7	-12.3	25
Rest of the world; municipal securities; asset	7.7	13.1	0.6	-0.6	4.3	4.3	5.3	7.4	8.3	12.9	2.0	26

NOTES

Debt with original maturity of 13 months or less.
Liability of the households and nonprofit organizations sector (tables F.101 and L.101).