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 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Other financial business; total financial assets | FL504090005 | 1082.2 | 1118.6 | 1169.2 | 1088.0 | 1137.4 | 1169.2 | 1281.1 | 1349.5 | 1347.9 | 1 |
| Other financial business; checkable deposits and currency; asset | FL503020005 | 214.8 | 169.5 | 172.7 | 158.8 | 168.8 | 172.7 | 195.1 | 226.0 | 223.5 | 2 |
| Other financial business; money market fund shares; asset | FL503034005 | 420.5 | 440.4 | 501.8 | 441.5 | 461.5 | 501.8 | 523.6 | 489.9 | 525.6 | 3 |
| Other financial business; security repurchase agreements; asset | FL502051005 | 3.9 | 5.4 | 4.1 | 4.7 | 4.6 | 4.1 | 3.9 | 5.2 | 4.8 | 4 |
| Other financial business; debt securities; asset | FL504022005 | 248.6 | 295.8 | 303.7 | 292.0 | 302.1 | 303.7 | 352.6 | 417.7 | 363.3 | 5 |
| Other financial business; commercial paper; asset | FL503069105 | 135.6 | 165.8 | 145.5 | 152.6 | 144.2 | 145.5 | 189.8 | 250.3 | 188.9 | 6 |
| Other financial business; Treasury securities held by central clearing counterparties; asset | FL503061123 | 42.8 | 62.3 | 86.0 | 65.2 | 77.3 | 86.0 | 83.4 | 86.4 | 89.7 | 7 |
| Other financial business; corporate and foreign bonds, including financial stabilization programs; asset | FL503063005 | 67.2 | 67.6 | 72.1 | 74.3 | 80.7 | 72.1 | 79.4 | 81.1 | 84.6 | 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 | 74.9 | 80.8 | 86.8 | 81.6 | 86.9 | 107.3 | 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 | 115.0 | 118.5 | 99.1 | 123.2 | 122.7 | 122.4 | 12 |
| Other financial business; unidentified miscellaneous assets of central clearing counterparties | FL503093023 | 1.1 | 1.0 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 13 |
| Other financial business; total liabilities and equity | FL504194005 | 3194.8 | 3426.1 | 3874.1 | 3556.9 | 3848.8 | 3874.1 | 3981.5 | 3969.7 | 3991.5 | 14 |
| Other financial business; total liabilities | FL504190005 | 1066.8 | 1111.2 | 1165.8 | 1083.0 | 1132.4 | 1165.8 | 1277.6 | 1347.4 | 1345.2 | 15 |
| Other financial business; debt securities; liability | FL504122005 | 117.4 | 128.2 | 127.6 | 142.4 | 148.8 | 127.6 | 162.1 | 160.6 | 170.0 | 16 |
| Other financial business; commercial paper; liability | FL503169105 | 117.4 | 128.2 | 127.6 | 142.4 | 148.8 | 127.6 | 162.1 | 160.6 | 170.0 | 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 | 257.7 | 227.1 | 248.2 | 216.5 | 238.6 | 248.2 | 268.9 | 302.4 | 303.5 | 19 |
| Monetary authority; depository institution loans n.e.c. to other financial business; asset | FL713068505 | 15.3 | 7.4 | 3.6 | 5.2 | 4.3 | 3.6 | 2.8 | 2.3 | 1.3 | 20 |
| Other financial business; other loans and advances; liability | FL503169005 | 242.4 | 219.7 | 244.6 | 211.2 | 234.2 | 244.6 | 266.1 | 300.1 | 302.2 | 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 | 691.6 | 755.9 | 790.0 | 724.2 | 745.0 | 790.0 | 846.6 | 884.5 | 871.8 | 23 |
| Security brokers and dealers; securities borrowed (net); asset | FL663070675 | 672.4 | 676.3 | 721.4 | 742.6 | 806.8 | 721.4 | 793.6 | 810.7 | 846.2 | 24 |
| Other financial business; unidentified miscellaneous liabilities (net) | FL503193005 | 19.3 | 79.6 | 68.6 | -18.4 | -61.7 | 68.6 | 53.0 | 73.8 | 25.6 | 25 |
| Other financial business; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability | FL503181105 | 2128.0 | 2314.9 | 2708.3 | 2473.9 | 2716.5 | 2708.3 | 2703.9 | 2622.3 | 2646.3 | 26 |
| Other financial business; corporate equities; liability | LM503164105 | 2112.6 | 2307.5 | 2704.9 | 2468.9 | 2711.5 | 2704.9 | 2700.5 | 2620.3 | 2643.6 | 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 | 5.0 | 5.0 | 3.5 | 3.5 | 2.0 | 2.7 | 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: January 9, 2026