L.208 Debt Securities (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2018 2019 2020 2020 Q1 2020 Q2 2020 Q3 2020 Q4 2021 Q1 2021 Q2 Line
All sectors; total debt securities; liability FL894122005 44455.6 46681.1 53065.7 47698.3 51162.3 51874.2 53065.7 53792.7 54539.2 1
All sectors; open market paper; liability FL893169175 996.0 1045.2 986.9 1088.8 1006.6 956.9 986.9 1105.1 1085.2 2
Federal government; Treasury securities; liability FL313161105 17842.1 19018.7 23600.9 19518.4 22370.7 22900.4 23600.9 23943.0 24301.5 3
All sectors; U.S. government agency securities; liability FL893161705 9112.6 9429.5 10086.7 9769.1 9743.7 9866.2 10086.7 10226.4 10407.5 4
Domestic nonfinancial sectors; municipal securities; liability FL383162005 3860.5 3869.5 3952.9 3875.5 3895.4 3929.7 3952.9 3979.7 4002.4 5
All sectors; corporate and foreign bonds; liability FL893163005 12644.5 13318.1 14438.4 13446.5 14145.9 14220.9 14438.4 14538.4 14742.6 6
All sectors; total debt securities; liability FL894122005 44455.6 46681.1 53065.7 47698.3 51162.3 51874.2 53065.7 53792.7 54539.2 7
Domestic nonfinancial sectors; debt securities; liability FL384122005 27464.5 28903.4 34181.0 29640.7 32872.7 33450.7 34181.0 34666.2 35054.8 8
Nonprofit organizations; municipal securities; liability (2) FL163162003 216.0 212.8 202.8 209.8 207.6 206.3 202.8 203.5 203.3 9
Nonfinancial corporate business; debt securities; liability FL104122005 6310.2 6580.5 7198.2 6814.7 7175.9 7191.5 7198.2 7315.3 7327.9 10
Federal government; debt securities; liability FL314122005 17865.0 19039.9 23621.1 19539.6 22391.7 22920.6 23621.1 23962.8 24321.4 11
State and local governments; municipal securities; liability FL213162005 3073.2 3070.2 3158.9 3076.5 3097.6 3132.3 3158.9 3184.6 3202.3 12
Domestic financial sectors; debt securities; liability FL794122005 13585.1 13977.3 14874.6 14593.0 14564.8 14599.2 14874.6 15065.7 15356.5 13
U.S.-chartered depository institutions; debt securities; liability FL764122005 247.5 209.7 268.5 232.9 242.3 251.4 268.5 278.7 276.4 14
Foreign banking offices in the U.S.; open market paper; liability FL753169175 40.8 38.5 35.4 51.1 43.3 36.1 35.4 39.8 40.7 15
Government-sponsored enterprises; GSE issues; liability FL403161705 6797.3 7002.2 7638.1 7318.1 7305.1 7417.7 7638.1 7775.1 7928.1 16
Agency-and GSE-backed mortgage pools; total mortgages; asset FL413065005 2292.3 2406.0 2428.3 2429.8 2417.6 2428.4 2428.3 2431.4 2459.6 17
Issuers of asset-backed securities; debt securities; liability FL674122005 1120.9 1180.7 1225.2 1233.6 1221.8 1220.8 1225.2 1229.4 1249.0 18
Finance companies; debt securities; liability FL614122005 879.2 835.4 815.2 859.4 849.0 816.4 815.2 809.1 814.7 19
Real estate investment trusts; debt securities; liability FL644122005 470.0 539.3 581.5 529.9 566.2 574.6 581.5 587.7 611.4 20
Security brokers and dealers; corporate and foreign bonds; liability FL663163003 184.0 174.0 183.9 256.9 179.7 165.4 183.9 196.3 204.5 21
Holding companies; debt securities; liability FL734122005 1401.7 1445.7 1577.5 1538.2 1606.9 1569.1 1577.5 1538.0 1617.7 22
Other financial business; debt securities; liability FL504122005 151.4 145.7 121.0 143.1 132.9 119.2 121.0 180.1 154.6 23
Rest of the world; debt securities, excluding negotiable certificates of deposit; liability LM264122005 3406.1 3800.4 4010.1 3464.6 3724.8 3824.3 4010.1 4060.8 4127.9 24
All sectors; total debt securities; asset FL894022005 43710.6 47789.8 55690.5 49191.6 53493.1 54151.5 55690.5 54933.2 56192.4 25
Domestic nonfinancial sectors; debt securities; asset FL384022005 6288.9 6786.1 6878.0 6768.8 6673.7 6462.8 6878.0 6260.2 6340.0 26
Households and nonprofit organizations; debt securities; asset LM154022005 4424.1 4727.1 4492.7 4573.8 4316.5 4111.8 4492.7 3953.5 3772.1 27
Nonfinancial corporate business; debt securities; asset LM104022005 253.2 326.6 381.0 374.5 394.9 391.4 381.0 349.5 380.0 28
Nonfinancial noncorporate business; debt securities; asset LM114022005 75.8 80.0 86.6 82.6 85.8 86.8 86.6 84.0 84.3 29
Federal government; debt securities; asset FL314022005 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 30
State and local governments; debt securities; asset LM214022005 1535.2 1651.8 1917.2 1737.4 1876.0 1872.3 1917.2 1872.8 2103.1 31
Domestic financial sectors; debt securities; asset FL794022005 26235.7 28757.5 35906.3 30245.6 34118.7 34965.7 35906.3 35988.7 36851.9 32
Monetary authority; debt securities; asset LM714022005 3982.6 4011.9 7422.2 5312.9 6847.7 7163.7 7422.2 7548.3 8010.8 33
U.S.-chartered depository institutions; debt securities; asset LM764022005 3760.5 4083.6 5124.6 4272.2 4588.7 4867.1 5124.6 5485.8 5741.0 34
Foreign banking offices in the U.S.; debt securities; asset LM754022005 318.1 309.0 313.5 340.2 334.4 319.4 313.5 284.7 289.4 35
Banks in U.S.-affiliated areas; debt securities; asset LM744022003 19.5 33.6 41.3 34.0 38.8 39.3 41.3 43.8 42.4 36
Credit unions; debt securities; asset LM474022005 201.8 221.3 311.1 235.2 267.5 290.9 311.1 374.2 380.4 37
Property-casualty insurance companies; debt securities; asset LM514022005 1118.6 1192.8 1270.2 1184.1 1248.6 1270.6 1270.2 1243.6 1296.6 38
Life insurance companies; debt securities; asset LM544022005 3509.2 4023.0 4431.5 3964.5 4257.3 4345.0 4431.5 4221.9 4333.3 39
Private pension funds; debt securities; asset LM574022005 1416.1 1565.8 1723.7 1601.1 1678.3 1692.0 1723.7 1642.7 1694.6 40
Federal government retirement funds; debt securities; asset LM344022005 2061.7 2177.4 2326.5 2181.6 2185.0 2232.0 2326.5 2317.5 2332.4 41
State and local government employee defined benefit retirement funds retirement funds; debt securities; asset LM224022045 975.6 970.9 1068.0 977.2 1003.3 1026.3 1068.0 1059.1 1108.8 42
Money market funds; debt securities; asset FL634022005 1862.3 2181.3 3185.3 2568.7 3544.2 3290.6 3185.3 3234.3 2864.5 43
Mutual funds; debt securities; asset (market value) LM654022005 4557.2 5216.2 5681.7 4861.5 5158.6 5460.7 5681.7 5736.3 5904.0 44
Closed-end funds; debt securities; asset LM554022005 161.0 171.5 176.0 151.8 162.2 166.4 176.0 178.5 182.5 45
Exchange-traded funds; debt securities; asset LM564022005 636.1 825.0 1065.5 830.5 944.1 1007.1 1065.5 1079.9 1156.7 46
Government-sponsored enterprises; debt securities; asset LM404022005 408.3 467.7 520.1 484.2 547.9 557.0 520.1 471.9 450.5 47
Issuers of asset-backed securities; debt securities; asset FL674022005 20.4 33.0 30.3 32.0 30.6 29.5 30.3 28.6 27.4 48
Finance companies; corporate and foreign bonds; asset LM613063003 55.3 60.0 73.6 58.8 68.2 69.9 73.6 70.8 81.1 49
Real estate investment trusts; debt securities; asset LM644022005 324.5 386.7 236.7 246.3 241.7 234.7 236.7 223.6 216.3 50
Security brokers and dealers; debt securities; asset LM664022005 478.9 450.2 415.9 515.2 514.4 452.3 415.9 189.0 218.3 51
Holding companies; long-term debt securities; asset LM734022605 92.2 126.7 122.4 121.4 125.1 116.1 122.4 145.5 144.1 52
Other financial business; debt securities; asset FL504022005 275.7 250.0 366.1 272.2 332.2 334.9 366.1 408.6 377.0 53
Rest of the world; debt securities, excluding negotiable certificates of deposit; asset LM264022005 11186.0 12246.3 12906.1 12177.2 12700.8 12723.0 12906.1 12684.4 13000.5 54
Instrument discrepancies; debt securities (level) (3) LM904022005 745.0 -1108.7 -2624.7 -1493.4 -2330.9 -2277.3 -2624.7 -1140.6 -1653.2 55

NOTES

  1. Sum of open market paper, Treasury securities, agency- and GSE-backed securities, municipal securities, and corporate and foreign bonds.
  2. Liability of the households and nonprofit organizations sector (tables L.101 and B.101).
  3. The accumulated valuation difference between issuance and holdings.
Last Update: September 23, 2021