Financial Accounts of the United States - Z.1
L.213 Corporate and Foreign Bonds
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FL893163005 | 13337.2 | 14049.3 | 13505.0 | 13748.3 | 13956.7 | 14049.3 | 14102.1 | 14876.0 | 14972.8 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FL103163003 | 5537.4 | 5785.6 | 5628.1 | 5707.5 | 5801.9 | 5785.6 | 5960.2 | 6385.1 | 6465.3 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FL793163005 | 4762.1 | 4912.0 | 4804.3 | 4846.7 | 4907.7 | 4912.0 | 5073.4 | 5177.3 | 5128.4 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FL763163005 | 160.0 | 141.3 | 154.0 | 151.3 | 141.0 | 141.3 | 152.9 | 157.6 | 152.3 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FL673163005 | 1068.0 | 1131.2 | 1075.7 | 1074.0 | 1112.0 | 1131.2 | 1163.8 | 1147.9 | 1154.3 | 5 |
| Finance companies; corporate and foreign bonds; liability | FL613163005 | 814.6 | 771.8 | 794.5 | 779.5 | 790.2 | 771.8 | 797.6 | 798.2 | 770.2 | 6 |
| Real estate investment trusts; corporate and foreign bonds; liability | FL643163005 | 470.0 | 540.4 | 482.9 | 502.5 | 521.4 | 540.4 | 530.4 | 567.3 | 573.5 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FL663163003 | 184.0 | 174.0 | 181.9 | 205.9 | 183.3 | 174.0 | 256.9 | 179.7 | 165.4 | 8 |
| Holding companies; corporate and foreign bonds; liability | FL733163003 | 1395.8 | 1439.9 | 1435.0 | 1468.9 | 1464.2 | 1439.9 | 1532.8 | 1602.1 | 1565.4 | 9 |
| Other financial business; corporate and foreign bonds where the proceeds are down-streamed to broker-dealer subsidiaries by investment banks that are holding-company parents; liability | FL503163005 | 669.7 | 713.4 | 680.3 | 664.7 | 695.6 | 713.4 | 638.9 | 724.5 | 747.2 | 10 |
| Rest of the world; bonds; liability (2) | LM263163005 | 3037.7 | 3351.7 | 3072.6 | 3194.1 | 3247.0 | 3351.7 | 3068.5 | 3313.7 | 3379.1 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FL893063005 | 12689.0 | 14248.5 | 13228.5 | 13783.6 | 14183.2 | 14248.5 | 13753.2 | 15388.5 | 15543.1 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | LM153063005 | 1001.3 | 1009.1 | 841.7 | 1064.9 | 1033.5 | 1009.1 | 1121.2 | 1247.7 | 954.0 | 13 |
| Federal government; corporate bonds issued by commercial banking under TARP; asset | FL313063763 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 14 |
| State and local governments; corporate and foreign bonds; asset | LM213063003 | 208.9 | 220.4 | 219.7 | 221.6 | 219.7 | 220.4 | 224.1 | 251.4 | 257.8 | 15 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | LM763063005 | 451.6 | 499.5 | 498.4 | 496.4 | 502.0 | 499.5 | 453.4 | 498.2 | 534.1 | 16 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | LM763063605 | 77.1 | 84.9 | 79.7 | 82.2 | 84.3 | 84.9 | 87.9 | 92.3 | 90.7 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | LM763063095 | 374.5 | 414.6 | 418.7 | 414.2 | 417.7 | 414.6 | 365.5 | 405.9 | 443.4 | 18 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | LM753063005 | 149.7 | 134.7 | 143.3 | 150.4 | 150.0 | 134.7 | 164.4 | 157.7 | 154.4 | 19 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | LM743063005 | 0.1 | 7.8 | 0.1 | 4.7 | 8.0 | 7.8 | 10.9 | 10.9 | 10.9 | 20 |
| Credit unions; corporate and foreign bonds; asset | LM473063005 | 10.4 | 12.6 | 11.7 | 12.0 | 12.3 | 12.6 | 14.6 | 15.5 | 16.0 | 21 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | LM473063605 | 9.9 | 12.1 | 11.2 | 11.5 | 11.8 | 12.1 | 14.1 | 14.9 | 15.4 | 22 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM473063095 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.6 | 23 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | LM513063005 | 534.0 | 594.8 | 559.7 | 582.9 | 601.0 | 594.8 | 581.4 | 648.1 | 665.1 | 24 |
| Property-casualty insurance companies; mortgage-backed securities and other asset-backed bonds, including those held by U.S. residual market reinsurers; asset | LM513063605 | 122.8 | 138.8 | 129.2 | 135.1 | 139.8 | 138.8 | 135.7 | 151.3 | 155.2 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM513063095 | 411.3 | 456.0 | 430.5 | 447.8 | 461.2 | 456.0 | 445.7 | 496.9 | 509.9 | 26 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 2710.9 | 3171.4 | 2874.4 | 3029.8 | 3147.3 | 3171.4 | 3088.8 | 3425.9 | 3512.3 | 27 |
| Life insurance companies, general accounts; mortgage-backed securities and other asset-backed bonds, including those held by U.S. captive reinsurers; asset | LM543063675 | 498.8 | 561.3 | 523.5 | 546.0 | 561.4 | 561.3 | 543.5 | 601.4 | 614.8 | 28 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM543063095 | 2212.1 | 2610.1 | 2350.9 | 2483.8 | 2586.0 | 2610.1 | 2545.3 | 2824.5 | 2897.5 | 29 |
| Private pension funds; corporate and foreign bonds; asset | LM573063005 | 801.5 | 920.7 | 849.7 | 857.9 | 898.2 | 920.7 | 876.1 | 975.4 | 998.0 | 30 |
| Federal government retirement funds; corporate and foreign bonds; asset | LM343063005 | 13.4 | 16.1 | 14.3 | 15.1 | 15.8 | 16.1 | 14.2 | 16.2 | 17.1 | 31 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | LM223063045 | 409.8 | 490.5 | 501.0 | 447.8 | 516.7 | 490.5 | 486.1 | 520.3 | 534.2 | 32 |
| Money market funds; corporate and foreign bonds; asset | FL633063005 | 7.5 | 18.5 | 8.7 | 11.7 | 16.1 | 18.5 | 13.8 | 12.7 | 16.3 | 33 |
| Mutual funds; corporate and foreign bonds; asset (market value) | LM653063005 | 2016.6 | 2287.6 | 2131.0 | 2221.8 | 2266.5 | 2287.6 | 2114.6 | 2426.3 | 2532.4 | 34 |
| Closed-end funds; corporate and foreign bonds; asset | LM553063003 | 69.1 | 75.1 | 73.2 | 74.7 | 74.2 | 75.1 | 59.5 | 67.6 | 70.2 | 35 |
| Exchange-traded funds; corporate and foreign bonds; asset | LM563063003 | 420.5 | 544.0 | 460.7 | 488.8 | 517.5 | 544.0 | 518.3 | 618.5 | 672.5 | 36 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | FL403063005 | 18.1 | 15.5 | 17.6 | 16.9 | 16.2 | 15.5 | 14.3 | 14.4 | 13.7 | 37 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | FL403063605 | 14.3 | 12.0 | 13.9 | 13.2 | 12.6 | 12.0 | 10.9 | 11.0 | 10.4 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FL403063095 | 3.9 | 3.5 | 3.8 | 3.7 | 3.6 | 3.5 | 3.4 | 3.3 | 3.3 | 39 |
| Finance companies; corporate and foreign bonds; asset | LM613063003 | 55.3 | 60.0 | 54.1 | 53.1 | 56.7 | 60.0 | 58.8 | 68.2 | 70.9 | 40 |
| Real estate investment trusts; corporate and foreign bonds; asset | FL643063005 | 50.8 | 52.1 | 49.2 | 49.5 | 48.9 | 52.1 | 36.2 | 32.1 | 28.2 | 41 |
| Security brokers and dealers; corporate and foreign bonds; asset | LM663063005 | 63.0 | 54.0 | 60.6 | 56.3 | 67.8 | 54.0 | 55.5 | 60.9 | 77.0 | 42 |
| Holding companies; corporate and foreign bonds; asset | LM733063003 | 21.0 | 28.9 | 22.6 | 27.3 | 29.9 | 28.9 | 27.3 | 32.5 | 26.2 | 43 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FL503063005 | 70.7 | 70.9 | 72.3 | 73.1 | 74.0 | 70.9 | 78.9 | 79.3 | 79.0 | 44 |
| Rest of the world; corporate bonds; asset (4) | LM263063005 | 3604.4 | 3964.0 | 3764.1 | 3826.5 | 3910.4 | 3964.0 | 3740.5 | 4208.1 | 4302.4 | 45 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | LM263063603 | 351.0 | 337.6 | 344.1 | 339.7 | 336.8 | 337.6 | 320.5 | 327.7 | 343.3 | 46 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | LM263063095 | 3253.4 | 3626.4 | 3420.0 | 3486.8 | 3573.6 | 3626.4 | 3420.0 | 3880.5 | 3959.1 | 47 |
| Instrument discrepancies; corporate and foreign bonds (level) (5) | LM903063003 | 648.2 | -199.2 | 276.5 | -35.4 | -226.5 | -199.2 | 348.9 | -512.4 | -570.4 | 48 |
NOTES
- Liabilities net of assets.
- Holdings of foreign issues by U.S. residents.
- For some sectors, holdings of MBS and other ABS are shown separately. MBS and other ABS include privately issued mortgage-backed securities and other privately issued asset-backed bonds.
- Holdings of U.S. issues by foreign residents.
- The accumulated valuation difference between issuance and holdings.
Last Update: December 10, 2020