Financial Accounts of the United States - Z.1
F.209 Open Market Paper
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2022 | 2023 | 2024 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; open market paper; liability | FA893169175 | 151.9 | 15.8 | -8.2 | 275.6 | 49.5 | 41.3 | -52.3 | 83.3 | -105.1 | 1 |
| All sectors; commercial paper; liability | FA893169105 | 151.9 | 15.8 | -8.2 | 275.6 | 49.5 | 41.3 | -52.3 | 83.3 | -105.1 | 2 |
| Nonfinancial corporate business; commercial paper; liability | FA103169100 | 59.3 | 20.4 | -21.3 | 59.4 | 72.8 | 83.0 | -18.2 | -166.0 | 15.9 | 3 |
| Rest of the world; commercial paper; liability | FA263169105 | -89.9 | -18.3 | -36.6 | 84.7 | -0.8 | -24.3 | -14.6 | 36.6 | -144.1 | 4 |
| Rest of the world; commercial paper issued by nonfinancial firms; liability | FA263169110 | -9.0 | -8.8 | -5.3 | 17.8 | -65.9 | 22.3 | 16.7 | -23.5 | -36.6 | 5 |
| Rest of the world; commercial paper issued by financial firms; liability | FA263169123 | -80.8 | -9.5 | -31.3 | 66.9 | 65.1 | -46.6 | -31.3 | 60.1 | -107.5 | 6 |
| Domestic financial sectors; commercial paper; liability | FA793169100 | 182.5 | 13.8 | 49.7 | 131.5 | -22.4 | -17.4 | -19.6 | 212.7 | 23.2 | 7 |
| U.S.-chartered depository institutions; asset-backed commercial paper; liability | FA763169103 | 66.6 | 4.3 | -8.3 | 18.2 | 9.1 | -12.4 | -6.3 | 26.3 | -40.9 | 8 |
| Foreign banking offices in the U.S.; asset-backed commercial paper; liability | FA753169103 | 53.0 | 41.3 | 31.9 | 11.0 | 109.2 | 21.8 | 23.1 | 37.4 | 45.2 | 9 |
| Issuers of asset-backed securities; commercial paper, excluding U.S.-chartered commercial banks' asset-backed commercial paper; liability | FA673169105 | 55.8 | -56.4 | 41.9 | -65.5 | -83.8 | 11.2 | -20.7 | 108.6 | 68.3 | 10 |
| Finance companies; commercial paper; liability | FA613169100 | 8.9 | 10.7 | -9.1 | 21.2 | 13.8 | -65.8 | 23.6 | -20.3 | 25.9 | 11 |
| Mortgage real estate investment trusts; commercial paper; liability | FA643169173 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 12 |
| Holding companies; commercial paper; liability | FA733169103 | 1.4 | 3.1 | -5.6 | -5.5 | 6.5 | -5.1 | -6.6 | -14.2 | 3.4 | 13 |
| Other financial business; commercial paper; liability | FA503169105 | -3.2 | 10.8 | -0.9 | 152.2 | -77.2 | 32.9 | -32.7 | 74.9 | -78.8 | 14 |
| Private depository institutions; bankers' acceptances; liability (1) | FA703169605 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 15 |
| U.S.-chartered depository institutions; bankers' acceptances; liability | FA763169603 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 16 |
| Foreign banking offices in the U.S.; bankers' acceptances; liability | FA753169603 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 17 |
| All sectors; open market paper; liability | FA893169175 | 151.9 | 15.8 | -8.2 | 275.6 | 49.5 | 41.3 | -52.3 | 83.3 | -105.1 | 18 |
| Nonfinancial corporate business; commercial paper; asset | FA103069100 | -39.4 | -20.6 | 6.3 | 103.5 | -191.9 | 82.0 | 17.8 | -70.0 | -4.4 | 19 |
| State and local governments; commercial paper; asset | FA213069103 | 1.4 | 18.6 | 16.1 | -14.2 | 42.6 | 13.3 | 20.4 | 47.5 | -16.9 | 20 |
| Monetary authority; bankers' acceptances; asset | FA713069603 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 21 |
| U.S.-chartered depository institutions; open market paper; asset (1) | FA763069175 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 22 |
| Foreign banking offices in the U.S.; bankers' acceptances; asset (1) | FA753069603 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 23 |
| Credit unions; commercial paper held by Corporate Credit Unions; asset | FA473069153 | -0.2 | -0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.4 | 0.2 | -0.3 | 24 |
| Property-casualty insurance companies; commercial paper, including those held by U.S. residual market reinsurers; asset | FA513069105 | -0.2 | 2.1 | 11.9 | 6.9 | -0.9 | 6.5 | 18.5 | 12.2 | 10.3 | 25 |
| Life insurance companies; commercial paper; asset | FA543069105 | -16.1 | 5.2 | 4.7 | 8.2 | 7.2 | -2.1 | -3.9 | 16.1 | 8.6 | 26 |
| Private pension funds; total commercial paper; asset | FA573069105 | -6.8 | -3.5 | -3.5 | -3.0 | -2.9 | -2.2 | -2.2 | -4.9 | -4.7 | 27 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FA223069143 | -9.3 | 0.3 | -1.3 | 6.1 | -6.6 | 9.4 | -0.8 | -11.4 | -2.4 | 28 |
| Money market funds; open market paper; asset | FA633069175 | 27.6 | 48.0 | -2.4 | 134.5 | 122.2 | -16.4 | -166.3 | 61.9 | 111.1 | 29 |
| Mutual funds; commercial paper; asset | FA653069100 | 0.3 | -0.8 | 0.2 | 34.5 | -61.6 | 7.2 | -21.3 | 32.2 | -17.2 | 30 |
| Government-sponsored enterprises; commercial paper; asset | FA403069105 | 5.5 | 1.4 | -2.8 | 4.2 | 2.2 | -1.4 | -5.9 | 2.8 | -6.7 | 31 |
| Security brokers and dealers; commercial paper; asset | FA663069103 | 2.7 | 0.6 | 12.4 | -17.0 | -20.3 | 21.0 | -6.5 | 57.8 | -22.9 | 32 |
| Other financial business; commercial paper; asset | FA503069105 | 132.5 | -59.2 | -63.7 | -25.5 | 151.1 | -55.9 | 66.3 | -101.9 | -163.4 | 33 |
| Rest of the world; commercial paper; asset | FA263069103 | 53.8 | 23.9 | 13.9 | 37.3 | 8.5 | -20.1 | 31.2 | 40.7 | 3.9 | 34 |
NOTES
- Excludes banks' holdings of own acceptances.
Last Update: March 13, 2025