Financial Accounts of the United States - Z.1
F.213 Corporate and Foreign Bonds
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2021 | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate and foreign bonds; liability | FA893163005 | 803.8 | 370.0 | 485.2 | 701.7 | 1070.9 | 726.2 | 1185.6 | -175.8 | 1272.0 | 1 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163005 | 233.9 | 18.5 | 206.9 | 273.5 | 441.0 | 281.7 | 474.6 | -103.3 | 444.4 | 2 |
| Domestic financial sectors; corporate and foreign bonds; liability | FA793163005 | 192.5 | 89.5 | 195.8 | 208.7 | 289.2 | 57.1 | 678.5 | -190.1 | 555.3 | 3 |
| U.S.-chartered depository institutions; corporate and foreign bonds; liability | FA763163005 | -64.8 | 68.2 | -2.8 | -16.2 | -14.1 | -15.2 | 30.8 | -66.5 | 47.0 | 4 |
| Issuers of asset-backed securities; corporate and foreign bonds; liability (1) | FA673163005 | 198.9 | 26.5 | 99.9 | 71.4 | 114.7 | 57.2 | 16.2 | 97.4 | 120.9 | 5 |
| Finance companies; corporate and foreign bonds; liability | FA613163005 | -60.8 | -31.8 | 82.5 | 74.0 | 120.5 | 89.1 | 115.2 | -28.7 | 5.8 | 6 |
| Mortgage real estate investment trusts; corporate and foreign bonds, excluding FHLB advances; liability | FA643163075 | 23.3 | 12.7 | -0.5 | -3.0 | -4.9 | -19.8 | 9.3 | 3.4 | 4.9 | 7 |
| Security brokers and dealers; corporate and foreign bonds; liability | FA663163003 | 33.8 | 18.4 | 0.1 | 91.1 | 59.1 | 32.5 | 272.4 | 0.5 | 123.7 | 8 |
| Holding companies; corporate and foreign bonds; liability | FA733163005 | 62.0 | -4.6 | 16.5 | -8.6 | 13.9 | -86.7 | 234.7 | -196.2 | 252.9 | 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 | FA503163003 | 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) | FA263163005 | 377.4 | 262.1 | 82.6 | 219.5 | 340.6 | 387.4 | 32.5 | 117.6 | 272.3 | 11 |
| All sectors; corporate and foreign bonds; asset (3) | FA893063005 | 803.8 | 370.0 | 485.2 | 701.7 | 1070.9 | 726.2 | 1185.6 | -175.8 | 1272.0 | 12 |
| Households and nonprofit organizations; corporate and foreign bonds; asset | FA153063005 | -350.8 | -248.7 | 96.7 | -354.4 | -672.0 | -153.5 | 279.8 | -871.8 | -122.9 | 13 |
| Equity real estate investment trusts; corporate and foreign bonds; asset | FA123063003 | 7.7 | 2.7 | -2.6 | -3.2 | -0.8 | -9.2 | -4.8 | 2.0 | 0.6 | 14 |
| Federal government; corporate and foreign bonds; asset | FA313063005 | -0.0 | 0.0 | -0.0 | -0.1 | -0.3 | 0.1 | 0.0 | 0.0 | 0.1 | 15 |
| State and local governments; corporate and foreign bonds; asset | FA213063003 | 1.7 | 45.2 | 9.1 | 18.8 | -6.7 | 43.3 | 9.5 | 29.1 | 9.9 | 16 |
| Federal government; other U.S. reserves, foreign securities; asset | FA713011525 | -0.0 | 0.0 | -0.0 | -0.1 | -0.3 | 0.1 | 0.0 | 0.0 | 0.1 | 17 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds; asset | FA763063005 | 204.9 | 107.7 | -74.3 | -50.0 | 156.6 | -92.2 | 48.0 | -312.2 | 315.0 | 18 |
| U.S.-chartered depository institutions; private MBS and CMOs; asset | FA763063605 | 31.9 | 13.9 | -8.3 | -10.7 | -10.4 | -24.9 | -0.8 | -6.7 | -9.2 | 19 |
| U.S.-chartered depository institutions, including IBFs; corporate and foreign bonds, excluding private MBS and CMOs; asset | FA763063095 | 173.0 | 93.8 | -66.0 | -39.3 | 167.0 | -67.4 | 48.9 | -305.5 | 324.2 | 20 |
| Foreign banking offices in the U.S., including IBFs; corporate and foreign bonds; asset | FA753063005 | 0.8 | 42.2 | -32.8 | 15.1 | 26.5 | 1.7 | -37.8 | 70.1 | -62.4 | 21 |
| Banks in U.S.-affiliated areas; corporate and foreign bonds; asset | FA743063005 | -0.6 | 2.0 | 22.8 | 6.2 | 0.3 | 11.1 | 2.3 | 10.9 | 1.6 | 22 |
| Credit unions; corporate and foreign bonds; asset | FA473063005 | 5.2 | 3.2 | -1.3 | 4.7 | 9.8 | 5.1 | -0.6 | 4.6 | 5.5 | 23 |
| Credit unions; mortgage-backed securities and other asset-backed bonds; asset | FA473063605 | 4.9 | 3.1 | -1.0 | 4.9 | 10.4 | 5.1 | -0.3 | 4.6 | 5.5 | 24 |
| Credit unions; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA473063095 | 0.3 | 0.1 | -0.3 | -0.2 | -0.6 | -0.0 | -0.3 | 0.0 | -0.0 | 25 |
| Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset | FA513063005 | 55.1 | 38.9 | 40.7 | 70.2 | 104.8 | 63.6 | 86.7 | 25.8 | 75.0 | 26 |
| Property-casualty insurance companies; mortgage-backed securities and other asset-backed bonds, including those held by U.S. residual market reinsurers; asset | FA513063605 | 12.0 | 9.5 | 9.2 | 18.1 | 25.4 | 16.0 | 22.9 | 8.1 | 16.3 | 27 |
| Property-casualty insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA513063095 | 43.2 | 29.4 | 31.4 | 52.1 | 79.5 | 47.5 | 63.8 | 17.7 | 58.7 | 28 |
| Life insurance companies; corporate and foreign bonds; asset | FA543063005 | 214.2 | 224.4 | 95.1 | 220.1 | 265.7 | 189.4 | 206.8 | 218.4 | 151.9 | 29 |
| Life insurance companies, general accounts; mortgage-backed securities and other asset-backed bonds, including those held by U.S. captive reinsurers; asset | FA543063675 | 31.6 | 34.1 | 9.5 | 87.5 | 107.5 | 91.2 | 112.1 | 39.2 | 39.6 | 30 |
| Life insurance companies; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA543063095 | 182.6 | 190.4 | 85.6 | 132.6 | 158.1 | 98.2 | 94.7 | 179.2 | 112.2 | 31 |
| Private pension funds; corporate and foreign bonds; asset | FA573063005 | 87.4 | -21.5 | 3.4 | 13.7 | 18.8 | 21.2 | 10.1 | 4.8 | 11.6 | 32 |
| Federal government retirement funds; corporate and foreign bonds; asset | FA343063005 | -1.4 | 0.0 | 0.4 | 0.7 | 0.7 | 0.2 | 1.8 | 0.1 | 0.3 | 33 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | 50.0 | 75.8 | -47.4 | 69.1 | 43.1 | 127.7 | 62.6 | 43.1 | 114.6 | 34 |
| Money market funds; corporate and foreign bonds; asset | FA633063005 | -6.3 | -0.7 | -0.8 | 1.8 | 1.3 | 2.7 | 10.8 | -7.5 | 0.9 | 35 |
| Mutual funds; corporate and foreign bonds; asset (market value) | FA653063005 | 270.4 | -77.5 | -14.0 | 144.8 | 423.2 | 68.9 | 30.8 | 56.1 | 93.2 | 36 |
| Closed-end funds; corporate and foreign bonds; asset | FA553063003 | 8.2 | 0.0 | 0.1 | -0.2 | 0.4 | 0.1 | -1.1 | -0.4 | 0.2 | 37 |
| Exchange-traded funds; corporate and foreign bonds; asset | FA563063003 | 115.6 | 61.6 | 90.1 | 205.7 | 165.2 | 167.9 | 255.8 | 233.7 | 243.5 | 38 |
| Government-sponsored enterprises; corporate and foreign bonds; asset | FA403063005 | -1.2 | 1.3 | 2.1 | -0.4 | 0.8 | -1.8 | -0.6 | -0.1 | 1.5 | 39 |
| Government-sponsored enterprises; mortgage-backed securities and other asset-backed bonds; asset | FA403063605 | -0.9 | 1.7 | 2.5 | -0.0 | 1.1 | -1.3 | -0.0 | 0.1 | 1.6 | 40 |
| Government-sponsored enterprises; corporate and foreign bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA403063095 | -0.3 | -0.4 | -0.4 | -0.4 | -0.3 | -0.4 | -0.6 | -0.2 | -0.1 | 41 |
| Finance companies; corporate and foreign bonds; asset | FA613063003 | 18.2 | -4.2 | -25.8 | -7.6 | 4.4 | 33.5 | -62.0 | -6.2 | -1.1 | 42 |
| Mortgage real estate investment trusts; corporate and foreign bonds; asset | FA643063073 | -2.7 | 2.0 | 0.4 | 1.2 | 1.4 | 1.8 | -1.4 | 2.8 | 6.4 | 43 |
| Security brokers and dealers; corporate and foreign bonds (net); asset | FA663063005 | 51.2 | 6.2 | 11.5 | -2.3 | 43.3 | 14.1 | -65.1 | -1.6 | 12.9 | 44 |
| Holding companies; corporate and foreign bonds; asset | FA733063003 | 3.6 | 5.0 | 1.4 | -3.2 | -9.4 | 8.9 | -24.6 | 12.2 | -8.0 | 45 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FA503063005 | 0.1 | -1.3 | 0.4 | 4.5 | 25.9 | 0.6 | 25.7 | -34.1 | 28.8 | 46 |
| Rest of the world; corporate bonds; asset (4) | FA263063005 | 72.7 | 105.6 | 309.8 | 346.5 | 468.2 | 220.9 | 352.6 | 344.4 | 392.7 | 47 |
| Rest of the world; U.S. mortgage-backed securities and other U.S. asset-backed bonds; asset | FA263063603 | 13.1 | 12.5 | 40.2 | 20.8 | 40.0 | -15.1 | 38.9 | 19.2 | 29.6 | 48 |
| Rest of the world: U.S. corporate bonds, excluding mortgage-backed securities and other asset-backed bonds; asset | FA263063095 | 59.6 | 93.1 | 269.7 | 325.8 | 428.2 | 236.1 | 313.7 | 325.1 | 363.1 | 49 |
NOTES
- Net issuance less net acquisition of corporate bonds held as assets.
- Net purchases of foreign issues by U.S. residents.
- For some sectors, purchases 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.
- Net purchases of U.S. issues by foreign residents.
Last Update: June 12, 2025