Financial Accounts of the United States - Z.1
L.132 Other Financial Business (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Other financial business; total financial assets | FL504090005 | 1084.6 | 1121.5 | 1170.0 | 1101.5 | 1091.6 | 1144.1 | 1170.0 | 1281.5 | 1358.3 | 1 |
| Other financial business; checkable deposits and currency; asset | FL503020005 | 214.8 | 169.5 | 172.7 | 166.7 | 158.8 | 168.8 | 172.7 | 195.1 | 226.0 | 2 |
| Other financial business; money market fund shares; asset | FL503034005 | 420.5 | 440.7 | 502.2 | 434.7 | 442.0 | 461.7 | 502.2 | 524.0 | 496.4 | 3 |
| Other financial business; security repurchase agreements; asset | FL502051005 | 3.9 | 5.4 | 4.1 | 5.1 | 4.7 | 4.6 | 4.1 | 3.9 | 5.2 | 4 |
| Other financial business; debt securities; asset | FL504022005 | 251.0 | 298.4 | 304.0 | 284.4 | 295.1 | 308.7 | 304.0 | 352.6 | 420.0 | 5 |
| Other financial business; commercial paper; asset | FL503069105 | 135.6 | 166.1 | 143.5 | 149.9 | 153.4 | 148.4 | 143.5 | 187.5 | 250.2 | 6 |
| Other financial business; Treasury securities held by central clearing counterparties; asset | FL503061123 | 42.8 | 62.3 | 86.0 | 58.1 | 65.2 | 77.3 | 86.0 | 83.4 | 86.4 | 7 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FL503063005 | 69.6 | 70.0 | 74.5 | 76.5 | 76.6 | 83.0 | 74.5 | 81.7 | 83.4 | 8 |
| Other financial business; municipal securities held by COVID-19 Municipal Liquidity Facility (MLF); asset | FL503062003 | 2.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 9 |
| Other financial business; other loans and advances; asset | FL503069005 | 83.9 | 90.9 | 86.8 | 83.1 | 74.9 | 80.8 | 86.8 | 81.6 | 86.9 | 10 |
| Other financial business; corporate equities; asset | FL503064105 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 11 |
| Other financial business; equity investment in own subsidiaries; asset | FL503094505 | 109.4 | 115.6 | 99.1 | 126.5 | 115.0 | 118.5 | 99.1 | 123.2 | 122.7 | 12 |
| Other financial business; unidentified miscellaneous assets of central clearing counterparties | FL503093023 | 1.1 | 1.0 | 1.1 | 1.0 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 13 |
| Other financial business; total liabilities and equity | FL504194005 | 3111.2 | 3366.7 | 3908.3 | 3431.2 | 3578.8 | 3884.6 | 3908.3 | 4014.8 | 4009.1 | 14 |
| Other financial business; total liabilities | FL504190005 | 1069.2 | 1114.1 | 1166.6 | 1094.1 | 1086.6 | 1139.1 | 1166.6 | 1278.1 | 1356.2 | 15 |
| Other financial business; debt securities; liability | FL504122005 | 117.4 | 128.2 | 127.6 | 150.2 | 142.4 | 148.8 | 127.6 | 162.1 | 160.3 | 16 |
| Other financial business; commercial paper; liability | FL503169105 | 117.4 | 128.2 | 127.6 | 150.2 | 142.4 | 148.8 | 127.6 | 162.1 | 160.3 | 17 |
| 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 | 18 |
| Other financial business; loans; liability | FL504123005 | 260.1 | 229.5 | 250.5 | 222.5 | 218.8 | 240.9 | 250.5 | 271.3 | 304.7 | 19 |
| Monetary authority; depository institution loans n.e.c. to other financial business; asset | FL713068505 | 15.3 | 7.4 | 3.6 | 6.1 | 5.2 | 4.3 | 3.6 | 2.8 | 2.3 | 20 |
| Other financial business; other loans and advances; liability | FL503169005 | 244.8 | 222.0 | 246.9 | 216.4 | 213.6 | 236.6 | 246.9 | 268.5 | 302.5 | 21 |
| Other financial business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FL503192305 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 22 |
| Other financial business; total miscellaneous liabilities | FL503190005 | 691.7 | 756.4 | 788.5 | 721.4 | 725.4 | 749.4 | 788.5 | 844.7 | 891.2 | 23 |
| Security brokers and dealers; securities borrowed (net); asset | FL663070675 | 672.4 | 676.3 | 721.4 | 741.1 | 742.6 | 806.8 | 721.4 | 793.6 | 810.7 | 24 |
| Other financial business; unidentified miscellaneous liabilities (net) | FL503193005 | 19.3 | 80.2 | 67.0 | -19.7 | -17.2 | -57.3 | 67.0 | 51.1 | 80.5 | 25 |
| Other financial business; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability | FL503181105 | 2042.1 | 2252.6 | 2741.7 | 2337.2 | 2492.2 | 2745.5 | 2741.7 | 2736.8 | 2652.9 | 26 |
| Other financial business; corporate equities; liability | LM503164105 | 2026.7 | 2245.2 | 2738.3 | 2329.8 | 2487.2 | 2740.5 | 2738.3 | 2733.3 | 2650.9 | 27 |
| Other financial business; foreign direct investment in U.S.: equity; liability (market value) | LM503192103 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 28 |
| Other financial business; equity investment in funds associated with PPIP; liability | LM503194305 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 29 |
| Other financial business; Exchange Stabilization Fund Economic Recovery Programs Equity Investment in Federal Reserve credit facility LLCs; liability (2) | FL503194205 | 15.4 | 7.4 | 3.5 | 7.4 | 5.0 | 5.0 | 3.5 | 3.5 | 2.0 | 30 |
NOTES
- Includes funding subsidiaries, custodial accounts for reinvested collateral of securities lending operations, funds associated with the Public-Private Investment Program (PPIP), Federal Reserve funding, credit, and liquidity facility special purpose vehicles (SPV) created in response to the 2008 Financial Crisis and COVID-19 pandemic, and U.S. central clearing parties.
- U.S. Treasury Exchange Stabilization Fund Economic Recovery Programs investment in Federal Reserve SPVs.
Last Update: September 11, 2025