F.210 Treasury Securities (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2020 2021 2022 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 Line
Federal government; Treasury securities; liability FA313161105 4582.2 1683.8 1546.9 -702.0 3682.7 2587.8 1441.8 1102.6 1055.2 1
Federal government; marketable Treasury securities; liability FA313161205 4317.3 1611.4 1287.4 183.4 2658.3 2231.8 1154.2 992.7 771.1 2
Federal government; Treasury bills; liability FA313161110 2546.6 -1195.1 -71.8 -2407.4 -45.2 423.7 -966.3 305.3 -50.0 3
Federal government; other marketable Treasury securities; liability FA313161275 1772.2 2807.7 1360.4 2590.8 2703.6 1808.1 2125.3 687.3 821.1 4
Federal government; long-term marketable Treasury securities issued to the Civil Service Retirement Fund through the Federal Financing Bank; liability (2) FA313161283 -1.5 -1.2 -1.2 0.0 0.0 0.0 -4.8 0.0 0.0 5
Federal government; nonmarketable Treasury securities; liability FA313161305 264.9 72.5 259.4 -885.4 1024.4 356.0 287.6 110.0 284.2 6
Federal government; U.S. savings securities; liability FA313161400 -4.3 -0.9 27.3 -4.2 10.0 14.6 42.6 23.3 28.7 7
State and local governments; State and local government series securities (SLGS); asset FA213061120 38.0 -6.1 -9.8 21.2 -101.7 38.7 -12.0 4.9 -70.8 8
Federal government defined contribution retirement funds; Treasury securities held by Thrift Savings Plan G Fund; asset FA343061123 42.0 -7.0 6.9 -715.8 678.5 110.0 21.4 -12.6 -91.1 9
Federal government defined benefit retirement funds; nonmarketable Treasury securities; asset FA343061145 103.6 168.2 238.7 -135.5 421.3 199.7 271.6 92.7 390.8 10
Other financial business; nonmarketable Treasury securities held by Federal Reserve credit facility LLCs; asset FA503061303 95.7 -77.6 -4.8 -47.2 -16.8 0.0 -11.1 0.3 -8.5 11
Federal government; other nonmarketable Treasury securities; liability FA313161375 -10.0 -4.1 1.2 -3.9 32.9 -7.0 -24.8 1.4 35.0 12
All sectors; Treasury securities; asset FA893061105 4582.2 1683.8 1546.9 -702.0 3682.7 2587.8 1441.8 1102.6 1055.2 13
Households and nonprofit organizations; Treasury securities; asset FA153061105 -348.7 -663.0 1099.4 347.8 -651.0 638.4 671.9 1484.1 1603.2 14
Federal government; U.S. savings securities; liability FA313161400 -4.3 -0.9 27.3 -4.2 10.0 14.6 42.6 23.3 28.7 15
Households and nonprofit organizations; Treasury securities, excluding U.S. savings securities; asset FA153061185 -344.4 -662.1 1072.1 352.0 -661.0 623.8 629.3 1460.9 1574.5 16
Nonfinancial corporate business; Treasury securities; asset FA103061103 7.4 16.9 45.2 82.2 33.1 26.3 37.3 9.6 107.6 17
Nonfinancial noncorporate business; total U.S. government securities; asset FA113061003 2.7 2.2 11.9 -1.3 6.6 3.3 20.1 20.9 3.3 18
State and local governments; Treasury securities, including SLGS; asset FA213061105 291.3 383.9 286.1 351.9 168.2 244.7 681.5 190.3 27.8 19
State and local governments; State and local government series securities (SLGS); asset FA213061120 38.0 -6.1 -9.8 21.2 -101.7 38.7 -12.0 4.9 -70.8 20
State and local governments; Treasury securities, excluding SLGS; asset FA213061103 253.3 390.0 295.9 330.6 269.8 206.0 693.5 185.4 98.6 21
Monetary authority; total Treasury securities; asset FA713061103 2554.3 961.6 -186.4 1001.7 867.8 400.2 -107.5 -467.6 -570.6 22
Monetary authority; Treasury bills; asset FA713061113 157.5 0.0 -38.6 -0.0 -0.2 -1.1 -2.9 -68.4 -82.2 23
Monetary authority; other Treasury securities, excluding Treasury bills; asset FA713061125 2396.8 961.5 -147.7 1001.7 868.0 401.3 -104.7 -399.2 -488.4 24
U.S.-chartered depository institutions; Treasury securities; asset FA763061100 327.8 449.0 8.8 348.3 685.6 273.5 174.0 -271.6 -140.5 25
Foreign banking offices in the U.S.; Treasury securities; asset FA753061103 -27.3 -7.6 16.9 9.2 6.4 31.0 41.6 6.0 -11.1 26
Banks in U.S.-affiliated areas; Treasury securities; asset FA743061103 -3.6 6.5 7.0 11.7 5.2 4.7 17.2 19.7 -13.4 27
Credit unions; Treasury securities; asset FA473061105 6.3 19.5 27.0 15.6 30.8 61.1 34.6 14.8 -2.2 28
Property-casualty insurance companies; Treasury securities, including those held by U.S. residual market reinsurers; asset FA513061105 0.9 31.6 19.7 -2.6 2.7 -72.6 42.8 56.6 51.8 29
Property-casualty insurance companies; Treasury bills, including those held by U.S. residual market reinsurers; asset FA513061115 14.5 2.5 -1.5 -23.3 -6.8 -72.4 28.8 20.5 17.1 30
Property-casualty insurance companies; other Treasury securities, including those held by U.S. residual market reinsurers, excluding Treasury bills; asset FA513061125 -13.6 29.2 21.1 20.6 9.5 -0.1 13.9 36.0 34.7 31
Life insurance companies; Treasury securities; asset FA543061105 6.9 -2.6 9.9 12.9 -26.9 -18.9 -13.2 15.5 56.2 32
Life insurance companies; Treasury bills, including those held by U.S. captive reinsurers; asset FA543061115 6.3 -6.2 1.8 -1.9 -6.2 -3.1 -3.6 3.7 10.3 33
Life insurance companies; other Treasury securities, including those held by U.S. captive reinsurers, excluding Treasury bills; asset FA543061125 0.6 3.7 8.1 14.8 -20.8 -15.8 -9.6 11.8 45.8 34
Private pension funds; Treasury securities; asset FA573061105 2.9 30.6 27.0 29.5 33.4 25.1 22.7 29.9 30.1 35
Private defined benefit pension funds; Treasury securities; asset FA573061143 -13.5 10.1 10.3 9.9 11.1 8.8 8.5 11.1 12.7 36
Private defined contribution pension funds; Treasury securities; asset FA573061133 16.4 20.5 16.7 19.5 22.4 16.3 14.2 18.8 17.3 37
Federal government retirement funds; Treasury securities; asset (3) FA343061105 145.5 160.2 243.3 -852.5 1103.5 308.9 285.1 79.0 300.1 38
Federal government defined benefit retirement funds; Treasury securities; asset FA343061165 101.5 167.0 237.4 -136.3 421.5 199.7 266.5 92.5 390.9 39
Federal government defined contribution retirement funds; Treasury securities held by Thrift Savings Plan; asset FA343061155 44.0 -6.7 5.9 -716.3 682.0 109.2 18.6 -13.6 -90.8 40
State and local government employee defined benefit retirement funds; Treasury securities; asset FA223061143 1.9 87.7 -47.9 -2.8 68.5 -45.7 -77.0 -89.5 20.7 41
Money market funds; Treasury securities; asset FA633061105 1343.3 -651.3 -750.7 -2593.9 170.4 -305.5 -560.0 -1044.8 -1092.2 42
Money market funds; Treasury bills; asset FA633061110 1399.4 -878.2 -745.1 -2822.8 61.8 -267.2 -483.2 -760.6 -1469.6 43
Money market funds; Other Treasury securities, excluding Treasury bills; asset FA633061120 -56.1 226.9 -5.5 228.9 108.6 -38.4 -76.8 -284.2 377.3 44
Mutual funds; Treasury securities; asset (market value) FA653061105 1.5 343.8 -5.4 247.0 227.5 81.3 -146.3 -56.3 99.7 45
Mutual funds; Treasury bills; asset FA653061113 9.7 2.4 -36.8 -5.3 63.2 -16.0 -30.5 -93.5 -7.2 46
Mutual funds; other Treasury securities, excluding Treasury bills (includes all Treasury securities before 2010:Q4); asset FA653061125 -8.1 341.4 31.4 252.2 164.4 97.2 -115.9 37.2 107.0 47
Closed-end funds; Treasury securities; asset FA553061103 -0.4 0.3 -0.2 0.1 0.0 -0.0 2.9 -3.8 -0.1 48
Exchange-traded funds; Treasury securities; asset FA563061103 32.0 66.1 114.0 50.7 106.4 71.7 164.4 145.5 74.5 49
Government-sponsored enterprises; Treasury securities; asset FA403061105 78.9 -43.2 -17.2 -17.7 -13.3 78.8 -85.3 -14.4 -47.7 50
Issuers of asset-backed securities; Treasury securities; asset FA673061103 -2.7 1.5 4.6 5.2 12.5 10.5 4.8 2.5 0.4 51
Security brokers and dealers; Treasury securities (net); asset FA663061105 -8.5 -104.3 84.6 -6.2 -89.6 22.3 27.4 241.7 47.0 52
Holding companies; Treasury securities; asset FA733061103 3.1 34.2 57.6 -8.4 36.1 51.2 100.2 64.8 14.2 53
Other financial business; Treasury securities; asset FA503061105 99.5 -79.4 -4.6 -49.1 -14.7 -10.3 -30.5 14.0 8.5 54
Rest of the world; Treasury securities; asset FA263061105 67.0 639.6 496.3 318.7 913.6 707.8 133.3 656.0 488.2 55
Rest of the world; Treasury bills and certificates; asset FA263061110 311.3 -55.4 -37.4 13.8 250.2 23.9 -452.1 125.9 152.6 56
Rest of the world; other Treasury securities, excluding Treasury bills and certificates; asset FA263061120 -244.2 695.0 533.7 304.8 663.4 683.9 585.4 530.1 335.6 57

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.
Last Update: March 9, 2023