L.210 Treasury Securities (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2018 2019 2019 Q1 2019 Q2 2019 Q3 2019 Q4 2020 Q1 2020 Q2 2020 Q3 Line
Federal government; Treasury securities; liability FL313161105 17842.1 19018.7 17906.3 17814.3 18571.7 19018.7 19518.4 22370.7 22900.4 1
Federal government; marketable Treasury securities; liability FL313161205 15566.2 16628.9 15888.7 15884.3 16303.7 16628.9 17115.8 19867.0 20340.2 2
Federal government; Treasury bills; liability FL313161110 2339.4 2416.4 2479.4 2250.4 2376.4 2416.4 2657.1 5078.8 5028.1 3
Federal government; other marketable Treasury securities; liability FL313161275 13216.5 14203.7 13399.0 13625.1 13918.5 14203.7 14449.9 14780.9 15304.8 4
Federal government; long-term marketable Treasury securities issued to the Civil Service Retirement Fund through the Federal Financing Bank; liability (2) FL313161283 10.3 8.8 10.3 8.8 8.8 8.8 8.8 7.3 7.3 5
Federal government; nonmarketable Treasury securities; liability FL313161305 2275.9 2389.8 2017.6 1930.0 2268.0 2389.8 2402.6 2503.6 2560.2 6
Federal government; U.S. savings securities; liability FL313161400 155.8 151.3 154.5 153.4 152.4 151.3 150.0 149.7 148.6 7
State and local governments; State and local government series securities (SLGS); asset FL213061120 66.2 77.8 62.0 47.9 53.8 77.8 84.4 89.2 106.6 8
Federal government defined contribution retirement funds; Treasury securities held by Thrift Savings Plan G Fund; asset FL343061123 253.4 250.8 40.1 43.5 243.4 250.8 267.4 278.2 287.1 9
Federal government defined benefit retirement funds; nonmarketable Treasury securities; asset FL343061145 1763.9 1877.2 1723.5 1647.9 1781.5 1877.2 1867.0 1857.8 1894.2 10
Other financial business; Nonmarketable Treasury securities held by Federal Reserve credit facility LLCs; asset FL503061303 0.0 0.0 0.0 0.0 0.0 0.0 0.0 95.6 95.7 11
Federal government; other nonmarketable Treasury securities; liability FL313161375 36.6 32.7 37.4 37.3 36.9 32.7 33.8 33.1 28.1 12
All sectors; Treasury securities; asset FL893061105 17687.3 19428.6 17911.3 18059.1 19002.4 19428.6 20739.5 23550.3 24026.9 13
Households and nonprofit organizations; Treasury securities; asset LM153061105 1653.2 1971.4 1831.4 1922.5 1953.3 1971.4 1520.4 1553.1 1711.7 14
Federal government; U.S. savings securities; liability FL313161400 155.8 151.3 154.5 153.4 152.4 151.3 150.0 149.7 148.6 15
Households and nonprofit organizations; Treasury securities, excluding U.S. savings securities; asset LM153061185 1497.4 1820.0 1676.9 1769.1 1801.0 1820.0 1370.4 1403.4 1563.1 16
Nonfinancial corporate business; Treasury securities; asset LM103061103 54.4 48.0 57.0 50.1 45.9 48.0 68.9 83.3 72.3 17
Nonfinancial noncorporate business; total U.S. government securities; asset LM113061003 74.6 79.2 75.7 76.7 78.0 79.2 84.4 86.7 85.7 18
State and local governments; Treasury securities, including SLGS; asset LM213061105 771.5 837.0 814.9 811.1 810.8 837.0 902.2 1049.3 1086.4 19
State and local governments; State and local government series securities (SLGS); asset FL213061120 66.2 77.8 62.0 47.9 53.8 77.8 84.4 89.2 106.6 20
State and local governments; Treasury securities, excluding SLGS; asset LM213061103 705.3 759.3 752.9 763.3 757.0 759.3 817.8 960.1 979.8 21
Monetary authority; total Treasury securities; asset LM713061103 2338.0 2540.7 2330.2 2315.0 2366.5 2540.7 3757.4 4807.9 5056.0 22
Monetary authority; Treasury bills; asset LM713061113 0.0 168.5 0.0 0.0 6.0 168.5 325.9 325.9 326.0 23
Monetary authority; other Treasury securities, excluding Treasury bills; asset LM713061125 2338.0 2372.3 2330.2 2315.0 2360.5 2372.3 3431.5 4481.9 4730.0 24
U.S.-chartered depository institutions; Treasury securities; asset LM763061100 569.8 704.1 563.8 592.2 674.5 704.1 724.4 926.6 1019.5 25
Foreign banking offices in the U.S.; Treasury securities; asset LM753061103 125.6 121.1 128.0 129.6 132.3 121.1 116.4 117.1 109.0 26
Banks in U.S.-affiliated areas; Treasury securities; asset LM743061103 10.2 16.6 11.3 14.4 14.0 16.6 14.7 17.6 15.1 27
Credit unions; Treasury securities; asset LM473061105 31.1 37.5 33.8 34.2 34.9 37.5 38.7 42.2 38.5 28
Property-casualty insurance companies; Treasury securities, including those held by U.S. residual market reinsurers; asset LM513061105 156.8 153.4 157.4 157.0 152.2 153.4 168.6 178.4 182.5 29
Property-casualty insurance companies; Treasury bills, including those held by U.S. residual market reinsurers; asset LM513061115 46.2 37.4 49.5 44.5 36.9 37.4 51.5 72.3 78.1 30
Property-casualty insurance companies; other Treasury securities, including those held by U.S. residual market reinsurers, excluding Treasury bills; asset LM513061125 110.6 116.0 107.9 112.5 115.3 116.0 117.1 106.1 104.4 31
Life insurance companies; Treasury securities; asset LM543061105 203.7 215.3 203.6 206.4 214.3 215.3 243.9 242.2 253.3 32
Life insurance companies; Treasury bills, including those held by U.S. captive reinsurers; asset LM543061115 8.7 9.3 9.3 10.0 9.9 9.3 24.5 22.7 31.4 33
Life insurance companies; other Treasury securities, including those held by U.S. captive reinsurers, excluding Treasury bills; asset LM543061125 195.0 206.0 194.3 196.4 204.4 206.0 219.4 219.5 221.8 34
Private pension funds; Treasury securities; asset LM573061105 371.9 420.7 388.3 391.3 413.9 420.7 463.5 472.9 481.6 35
Private defined benefit pension funds; Treasury securities; asset LM573061143 225.4 246.1 234.7 228.7 242.0 246.1 263.2 269.7 274.3 36
Private defined contribution pension funds; Treasury securities; asset LM573061133 146.6 174.6 153.6 162.6 171.9 174.6 200.3 203.3 207.2 37
Federal government retirement funds; Treasury securities; asset (3) LM343061105 2039.2 2150.2 1786.2 1713.1 2047.0 2150.2 2156.6 2157.5 2203.6 38
Federal government defined benefit retirement funds; Treasury securities; asset LM343061165 1775.8 1887.7 1735.5 1658.4 1791.9 1887.7 1877.1 1866.5 1903.0 39
Federal government defined contribution retirement funds; Treasury securities held by Thrift Savings Plan; asset LM343061155 263.4 262.5 50.6 54.7 255.1 262.5 279.5 291.0 300.6 40
State and local government employee defined benefit retirement funds; Treasury securities; asset LM223061143 367.9 368.2 358.9 388.8 370.1 368.2 352.1 261.9 222.0 41
Money market funds; Treasury securities; asset FL633061105 873.5 1036.5 879.5 743.5 945.6 1036.5 1267.8 2349.8 2275.2 42
Money market funds; Treasury bills; asset FL633061110 590.9 622.0 580.7 454.8 614.3 622.0 817.3 1873.2 1825.3 43
Money market funds; Other Treasury securities, excluding Treasury bills; asset FL633061120 282.6 414.5 298.8 288.6 331.3 414.5 450.5 476.5 449.9 44
Mutual funds; Treasury securities; asset (market value) LM653061105 1146.4 1310.9 1175.2 1204.1 1268.2 1310.9 1114.1 1206.8 1217.0 45
Mutual funds; Treasury bills; asset LM653061113 93.2 45.3 60.6 55.2 56.1 45.3 39.8 44.6 41.5 46
Mutual funds; other Treasury securities, excluding Treasury bills (includes all Treasury securities before 2010:Q4); asset LM653061125 1053.1 1265.6 1114.7 1148.8 1212.2 1265.6 1074.4 1162.2 1175.5 47
Closed-end funds; Treasury securities; asset LM553061103 3.5 3.2 3.6 3.6 3.5 3.2 2.7 2.8 2.9 48
Exchange-traded funds; Treasury securities; asset LM563061103 178.7 231.8 193.0 214.6 226.8 231.8 262.9 271.3 276.5 49
Government-sponsored enterprises; Treasury securities; asset FL403061105 115.7 171.3 125.7 139.9 153.9 171.3 185.7 248.1 272.1 50
Issuers of asset-backed securities; Treasury securities; asset FL673061103 20.4 33.0 24.3 26.5 29.1 33.0 32.0 30.6 29.5 51
Security brokers and dealers; Treasury securities; asset LM663061105 276.4 229.5 261.0 258.9 238.3 229.5 258.3 254.2 202.6 52
Holding companies; Treasury securities; asset LM733061103 34.8 58.2 34.3 39.6 55.9 58.2 54.3 55.5 54.8 53
Other financial business; Nonmarketable Treasury securities held by Federal Reserve credit facility LLCs; asset FL503061303 0.0 0.0 0.0 0.0 0.0 0.0 0.0 95.6 95.7 54
Rest of the world; Treasury securities; asset LM263061105 6270.1 6690.8 6474.0 6625.9 6773.4 6690.8 6949.5 7038.9 7063.3 55
Rest of the world; Treasury bills and certificates; asset LM263061110 746.7 706.2 765.4 707.8 750.1 706.2 729.5 1040.8 1017.3 56
Rest of the world; other Treasury securities, excluding Treasury bills and certificates; asset LM263061120 5523.5 5984.6 5708.6 5918.0 6023.3 5984.6 6220.0 5998.0 6046.0 57
Instrument discrepancies; Treasury securities (level) (4) LM903061103 154.7 -409.9 -5.1 -244.8 -430.7 -409.9 -1221.1 -1179.6 -1126.4 58

NOTES

  1. Includes marketable and nonmarketable Treasury securities held by the public (net of premiums and discounts) and Treasury securities held by federal government employee retirement funds. In the Financial Accounts, nonmarketable government securities held by federal government employee defined benefit retirement funds are considered part of the financial business sector as opposed to intragovernmental holdings as reported on the Monthly Statement of the Public Debt.
  2. Long-term marketable securities issued to the Civil Service Retirement Fund by the Federal Financing Bank. These securities are not currently traded in the market.
  3. Comprised primarily of nonmarketable Treasury securities.
  4. The accumulated valuation difference between issuance and holdings.
Last Update: December 10, 2020