L.213 Corporate and Foreign Bonds
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2019 2020 2021 2022 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 Line
All sectors; corporate and foreign bonds; liability FL893163005 13159.0 14405.4 15109.3 14914.5 15079.4 14833.6 14697.7 14914.5 14952.0 1
Nonfinancial corporate business; corporate bonds; liability FL103163003 5826.3 6537.3 6734.4 6727.4 6775.8 6727.2 6728.9 6727.4 6872.7 2
Domestic financial sectors; corporate and foreign bonds; liability FL793163005 4065.8 4331.9 4564.2 4752.5 4617.5 4633.7 4604.3 4752.5 4753.2 3
U.S.-chartered depository institutions; corporate and foreign bonds; liability FL763163005 201.7 256.5 207.1 284.9 224.0 244.4 247.4 284.9 274.6 4
Issuers of asset-backed securities; corporate and foreign bonds; liability (1) FL673163005 1034.9 1061.5 1240.2 1256.4 1235.1 1240.4 1255.0 1256.4 1267.3 5
Finance companies; corporate and foreign bonds; liability FL613163005 771.8 773.4 727.9 774.5 731.1 738.8 763.9 774.5 761.4 6
Real estate investment trusts; corporate and foreign bonds; liability FL643163005 539.3 581.9 634.5 668.3 642.9 653.0 651.0 668.3 681.6 7
Security brokers and dealers; corporate and foreign bonds; liability FL663163003 173.9 183.9 217.7 236.1 260.8 249.2 223.6 236.1 229.3 8
Holding companies; corporate and foreign bonds; liability FL733163005 1344.2 1474.8 1536.8 1532.2 1523.6 1507.8 1463.4 1532.2 1539.0 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 FL503163003 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10
Rest of the world; bonds; liability (2) LM263163005 3266.9 3536.2 3810.7 3434.6 3686.0 3472.7 3364.5 3434.6 3326.0 11
All sectors; corporate and foreign bonds; asset (3) FL893063005 13339.2 15139.9 15437.5 13430.3 14623.3 13560.2 13032.1 13430.3 13944.2 12
Households and nonprofit organizations; corporate and foreign bonds; asset LM153063005 228.0 284.9 255.9 258.5 254.2 253.1 253.0 258.5 263.8 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 211.9 223.9 192.4 146.9 169.7 154.9 143.7 146.9 151.8 15
U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset LM763063005 499.5 511.0 710.6 778.8 787.6 761.8 753.3 778.8 797.2 16
U.S.-chartered depository institutions; private MBS and CMOs; asset LM763063605 84.7 88.7 118.8 121.2 126.5 127.2 124.3 121.2 120.9 17
U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset LM763063095 414.7 422.2 591.8 657.6 661.0 634.5 629.0 657.6 676.3 18
Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset LM753063005 134.7 153.0 145.6 162.2 142.1 146.9 159.8 162.2 145.8 19
Banks in U.S.-affiliated areas; corporate and foreign bonds; asset LM743063005 7.8 12.5 11.3 11.1 11.3 11.2 11.1 11.1 11.1 20
Credit unions; corporate and foreign bonds; asset LM473063005 12.6 16.2 20.6 20.1 22.6 22.6 20.8 20.1 19.6 21
Credit unions; mortgage-backed securities and other asset-backed bonds; asset LM473063605 12.1 15.7 19.7 19.3 21.7 21.8 20.0 19.3 18.9 22
Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset LM473063095 0.5 0.6 0.8 0.8 0.9 0.8 0.8 0.8 0.7 23
Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset LM513063005 594.8 660.6 702.4 649.2 674.9 640.8 626.0 649.2 685.3 24
Property-casualty insurance companies; mortgage-backed securities and other asset-backed bonds, including those held by U.S. residual market reinsurers; asset LM513063605 138.8 154.2 152.4 128.1 130.9 125.1 123.0 128.1 135.4 25
Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset LM513063095 456.0 506.5 550.1 521.1 544.0 515.7 503.0 521.1 549.9 26
Life insurance companies; corporate and foreign bonds; asset LM543063005 3175.3 3555.8 3632.5 3141.8 3386.0 3166.3 3017.8 3141.8 3286.1 27
Life insurance companies, general accounts; mortgage-backed securities and other asset-backed bonds, including those held by U.S. captive reinsurers; asset LM543063675 561.3 625.3 616.0 638.1 624.0 603.4 594.8 638.1 665.9 28
Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset LM543063095 2614.0 2930.5 3016.5 2503.7 2762.0 2563.0 2423.1 2503.7 2620.2 29
Private pension funds; corporate and foreign bonds; asset LM573063005 866.5 979.9 949.7 801.3 874.7 812.7 771.5 801.3 831.9 30
Federal government retirement funds; corporate and foreign bonds; asset LM343063005 15.6 17.3 15.0 11.8 13.7 12.0 11.4 11.8 12.3 31
State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset LM223063045 446.4 540.3 564.5 522.8 545.4 515.7 521.2 522.8 553.3 32
Money market funds; corporate and foreign bonds; asset FL633063005 22.5 13.5 7.2 6.4 5.6 3.8 6.3 6.4 9.3 33
Mutual funds; corporate and foreign bonds; asset (market value) LM653063005 2242.4 2608.0 2734.0 2128.8 2533.2 2253.1 2134.6 2128.8 2209.3 34
Closed-end funds; corporate and foreign bonds; asset LM553063003 75.1 77.8 85.3 68.3 80.5 69.7 67.3 68.3 68.1 35
Exchange-traded funds; corporate and foreign bonds; asset LM563063003 533.6 708.6 800.8 754.1 761.9 721.5 709.4 754.1 782.1 36
Government-sponsored enterprises; corporate and foreign bonds; asset LM403063005 16.5 13.5 12.3 12.6 12.1 12.2 12.4 12.6 13.2 37
Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset LM403063605 12.9 10.2 9.3 10.1 9.2 9.5 9.8 10.1 10.9 38
Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset LM403063095 3.6 3.3 3.0 2.5 2.9 2.7 2.6 2.5 2.3 39
Finance companies; corporate and foreign bonds; asset LM613063003 60.0 73.6 98.7 87.6 90.6 83.9 83.8 87.6 89.6 40
Real estate investment trusts; corporate and foreign bonds; asset LM643063005 52.2 28.4 31.7 27.8 35.2 28.9 27.8 27.8 27.0 41
Security brokers and dealers; corporate and foreign bonds (net); asset LM663063005 70.7 81.2 14.8 1.1 1.2 2.0 13.0 1.1 7.4 42
Holding companies; corporate and foreign bonds; asset LM733063003 27.9 27.0 29.2 28.9 26.7 24.7 26.2 28.9 26.5 43
Other financial business; corporate and foreign bonds, including financial stabilization programs; asset FL503063005 65.4 70.8 70.9 69.6 79.2 78.6 71.7 69.6 72.4 44
Rest of the world; corporate bonds; asset (4) LM263063005 3979.5 4481.7 4351.6 3739.9 4114.6 3783.2 3589.5 3739.9 3880.6 45
Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset LM263063603 338.8 362.9 370.4 373.4 372.3 377.5 377.5 373.4 387.4 46
Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset LM263063095 3640.6 4118.9 3981.2 3366.6 3742.3 3405.7 3212.0 3366.6 3493.2 47
Instrument discrepancies; corporate and foreign bonds (level) (5) LM903063003 -180.2 -734.5 -328.2 1484.3 456.0 1273.4 1665.5 1484.3 1007.8 48

NOTES

  1. Liabilities net of assets.
  2. Holdings of foreign issues by U.S. residents.
  3. 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.
  4. Holdings of U.S. issues by foreign residents.
  5. The accumulated valuation difference between issuance and holdings.
Last Update: June 8, 2023