Financial Accounts of the United States - Z.1
F.212 Municipal Securities
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Domestic nonfinancial sectors; municipal securities; liability | FA383162005 | 9.6 | 84.4 | 32.6 | 98.9 | 184.0 | 21.9 | 119.8 | 116.7 | 71.1 | 1 |
| State and local governments; municipal securities; liability | FA213162005 | -2.3 | 90.6 | 29.7 | 110.1 | 174.0 | 48.8 | 110.5 | 102.4 | 55.4 | 2 |
| State and local governments; short-term municipal securities; liability (1) | FA213162400 | 6.8 | 1.7 | -6.0 | 8.8 | 4.7 | -0.8 | -12.1 | -10.7 | -30.6 | 3 |
| State and local governments; long-term municipal securities; liability | FA213162200 | -9.1 | 89.0 | 35.7 | 101.3 | 169.3 | 49.6 | 122.6 | 113.1 | 86.0 | 4 |
| Nonprofit organizations; municipal securities; liability (2) | FA163162003 | -3.3 | -10.3 | -11.7 | -9.0 | -5.4 | -15.0 | 2.8 | -1.0 | -4.5 | 5 |
| Nonfinancial corporate business; municipal securities; liability | FA103162000 | 15.2 | 4.0 | 14.6 | -2.2 | 15.4 | -11.9 | 6.5 | 15.3 | 20.1 | 6 |
| All sectors; municipal securities; asset | FA893062005 | 9.6 | 84.4 | 32.6 | 98.9 | 184.0 | 21.9 | 119.8 | 116.7 | 71.1 | 7 |
| Households and nonprofit organizations; municipal securities; asset | FA153062005 | -65.9 | -32.8 | -4.9 | -40.3 | -3.0 | -82.9 | -107.3 | -84.4 | -116.4 | 8 |
| Nonfinancial corporate business; municipal securities; asset | FA103062003 | 4.8 | 0.2 | -0.2 | 0.4 | 0.6 | 0.1 | 0.6 | 0.3 | 0.4 | 9 |
| Nonfinancial noncorporate business; municipal securities; asset | FA113062003 | 0.1 | 0.3 | 1.1 | 0.5 | 0.1 | -0.4 | 1.0 | -0.2 | 0.8 | 10 |
| State and local governments; municipal securities; asset | FA213062003 | -0.9 | 1.5 | 0.1 | 3.9 | 1.4 | 0.5 | 4.1 | 2.1 | 4.8 | 11 |
| U.S.-chartered depository institutions; municipal securities; asset | FA763062000 | -29.5 | 68.9 | 127.7 | 50.2 | 49.4 | 48.3 | 72.3 | 56.8 | 49.2 | 12 |
| Foreign banking offices in the U.S.; municipal securities; asset | FA753062003 | 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 | FA743062003 | -0.1 | -1.1 | 0.1 | -0.1 | -0.6 | -3.7 | 0.0 | -0.0 | -0.0 | 14 |
| Credit unions; municipal securities; asset | FA473062005 | 0.4 | 4.4 | 3.6 | 3.8 | 4.8 | 5.3 | 3.6 | 2.0 | 1.6 | 15 |
| Property-casualty insurance companies; municipal securities, including those held by U.S. residual market reinsurers; asset | FA513062005 | -4.7 | 2.9 | 0.3 | -0.1 | 3.9 | 7.7 | -2.0 | -2.0 | 0.1 | 16 |
| Life insurance companies; municipal securities; asset | FA543062005 | -1.0 | -2.9 | -4.0 | -3.8 | -1.5 | -2.3 | -0.8 | 0.3 | 4.7 | 17 |
| Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset | FA343062033 | 0.0 | -0.0 | -0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 18 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | -1.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 19 |
| Money market funds; municipal securities; asset | FA633062000 | -8.9 | -21.4 | 6.0 | 16.4 | -44.1 | -63.8 | -12.1 | -30.5 | -8.9 | 20 |
| Mutual funds; municipal securities; asset (market value) | FA653062003 | 105.8 | 49.7 | -88.0 | 52.8 | 147.8 | 86.2 | 123.8 | 133.3 | 111.9 | 21 |
| Closed-end funds; municipal securities; asset | FA553062003 | 1.7 | -0.3 | 0.5 | -0.2 | -0.0 | -1.5 | 1.5 | 1.1 | 0.2 | 22 |
| Exchange-traded funds; municipal securities; asset | FA563062003 | 10.5 | 14.2 | 3.8 | 15.9 | 15.0 | 22.0 | 21.0 | 24.3 | 20.0 | 23 |
| Government-sponsored enterprises; municipal securities and Sallie Mae public academic facilities financing and Sallie Mae public warehousing advances; asset | FA403062005 | -0.6 | -0.5 | -0.2 | -0.7 | -0.2 | -1.0 | -0.2 | -0.3 | -0.6 | 24 |
| Security brokers and dealers; municipal securities; asset | FA663062003 | -5.2 | -9.9 | -10.0 | -21.1 | 6.7 | -15.2 | 8.6 | 7.1 | 6.0 | 25 |
| Other financial business; municipal securities held by COVID-19 Municipal Liquidity Facility (MLF); asset | FA503062003 | 0.0 | 6.3 | 0.0 | 4.8 | 1.8 | 18.5 | -0.9 | -5.1 | -1.6 | 26 |
| Rest of the world; municipal securities; asset | FA263062003 | 4.0 | 4.8 | -3.3 | 16.5 | 2.0 | 3.9 | 6.8 | 11.9 | -1.0 | 27 |
NOTES
- Debt with original maturity of 13 months or less.
- Liability of the households and nonprofit organizations sector (table F.101).
Last Update: December 9, 2021