L.212 Municipal Securities
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2019 2020 2021 2021 Q1 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 Line
Domestic nonfinancial sectors; municipal securities; liability FL383162005 3899.4 3983.9 4060.3 4010.5 4033.7 4050.8 4060.3 4037.4 4041.7 1
State and local governments; municipal securities; liability FL213162005 3088.7 3178.2 3245.6 3202.8 3221.2 3237.3 3245.6 3216.7 3219.9 2
State and local governments; short-term municipal securities; liability (1) FL213162400 44.9 46.6 32.9 43.2 36.9 30.8 32.9 27.1 23.2 3
State and local governments; long-term municipal securities; liability FL213162200 3043.8 3131.6 3212.7 3159.6 3184.4 3206.5 3212.7 3189.6 3196.6 4
Nonprofit organizations; municipal securities; liability (2) FL163162003 211.4 201.5 199.7 202.0 201.9 200.8 199.7 201.9 199.6 5
Nonfinancial corporate business; municipal securities; liability FL103162000 599.3 604.2 615.0 605.7 610.5 612.8 615.0 618.7 622.2 6
All sectors; municipal securities; asset FL893062005 4197.8 4388.8 4422.7 4372.8 4437.3 4404.7 4422.7 4123.5 3973.1 7
Households and nonprofit organizations; municipal securities; asset LM153062005 1903.1 1924.5 1799.5 1884.2 1879.5 1826.0 1799.5 1643.8 1609.3 8
Nonfinancial corporate business; municipal securities; asset LM103062003 24.2 16.3 16.4 16.2 16.5 16.3 16.4 15.3 14.8 9
Nonfinancial noncorporate business; municipal securities; asset LM113062003 3.8 4.2 4.6 4.4 4.4 4.6 4.6 4.5 4.5 10
State and local governments; municipal securities; asset LM213062003 16.7 18.6 22.2 19.5 20.2 21.1 22.2 22.1 22.7 11
U.S.-chartered depository institutions; municipal securities; asset LM763062000 507.7 583.7 630.4 591.3 607.5 616.1 630.4 608.7 598.9 12
Foreign banking offices in the U.S.; municipal securities; asset LM753062003 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 LM743062003 1.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 14
Credit unions; municipal securities; asset LM473062005 5.5 10.1 12.3 10.9 11.5 12.0 12.3 11.9 11.6 15
Property-casualty insurance companies; municipal securities, including those held by U.S. residual market reinsurers; asset LM513062005 285.2 297.9 289.4 293.1 294.6 289.5 289.4 270.9 260.0 16
Life insurance companies; municipal securities; asset LM543062005 215.0 234.2 234.9 232.0 234.9 233.3 234.9 219.4 210.8 17
Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset LM343062033 0.1 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 LM223062043 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19
Money market funds; municipal securities; asset FL633062000 139.5 125.4 110.9 117.0 112.5 106.3 110.9 113.4 117.3 20
Mutual funds; municipal securities; asset (market value) LM653062003 831.0 891.3 990.8 913.3 956.1 974.9 990.8 911.0 819.4 21
Closed-end funds; municipal securities; asset LM553062003 93.2 94.9 98.3 95.0 96.7 96.7 98.3 89.9 85.9 22
Exchange-traded funds; municipal securities; asset LM563062003 48.3 63.0 83.3 67.8 74.5 78.5 83.3 83.0 89.6 23
Government-sponsored enterprises; municipal securities and Sallie Mae public academic facilities financing and Sallie Mae public warehousing advances; asset LM403062005 3.3 2.8 2.4 2.7 2.6 2.5 2.4 2.4 2.1 24
Security brokers and dealers; municipal securities; asset LM663062003 16.4 6.8 12.7 8.8 10.7 12.1 12.7 11.0 10.1 25
Other financial business; municipal securities held by COVID-19 Municipal Liquidity Facility (MLF); asset FL503062003 0.0 6.3 4.1 6.1 4.8 4.4 4.1 2.9 2.9 26
Rest of the world; municipal securities; asset FL263062003 103.8 108.6 110.4 110.5 110.2 110.3 110.4 113.2 113.1 27
Instrument discrepancies; municipal securities (level) (3) LM903062003 -298.4 -404.8 -362.4 -362.3 -403.6 -353.9 -362.4 -86.2 68.6 28

NOTES

  1. Debt with original maturity of 13 months or less.
  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 9, 2022