Financial Accounts of the United States - Z.1
F.213 Corporate and foreign bonds
Billions of dollars; quarterly figures are seasonally adjusted annual rates
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Net issues | FA893163005 | 504.8 | 729.8 | 672.6 | 1277.4 | -150.5 | 1358.1 | 496.7 | 684.5 | 151.0 |
| Line 2 | Nonfinancial corporate business | FA103163005 | 208.5 | 274.8 | 238.3 | 472.5 | -93.2 | 491.1 | -120.3 | 386.0 | 196.4 |
| Line 3 | Domestic financial sectors | FA793163005 | 188.8 | 228.9 | 276.3 | 763.6 | -187.9 | 669.5 | 457.5 | 190.8 | -212.7 |
| Line 4 | U.S.-chartered depository institutions | FA763163005 | -5.5 | -15.0 | 4.5 | 31.1 | -66.3 | 49.1 | 74.9 | -49.1 | -56.8 |
| Line 5 | ABS issuers (net)1 | FA673163005 | 95.6 | 85.5 | 119.9 | 101.0 | 81.9 | 168.2 | 194.6 | 224.3 | -107.7 |
| Line 6 | Finance companies | FA613163005 | 82.5 | 74.0 | 3.6 | 115.2 | -28.7 | 71.4 | -8.8 | 23.4 | -71.7 |
| Line 7 | Mortgage REITs | FA643163075 | -0.5 | 1.8 | 27.1 | 9.3 | 20.9 | 4.2 | 8.7 | 30.1 | 65.4 |
| Line 8 | Brokers and dealers | FA663163003 | 0.1 | 91.1 | 35.0 | 272.4 | 0.5 | 123.7 | 75.6 | 15.3 | -74.5 |
| Line 9 | Holding companies | FA733163005 | 16.5 | -8.6 | 86.2 | 234.7 | -196.2 | 252.9 | 112.5 | -53.2 | 32.7 |
| Line 10 | Other financial business | FA503163003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 11 | Rest of the world2 | FA263163005 | 107.5 | 226.2 | 158.0 | 41.3 | 130.6 | 197.4 | 159.5 | 107.7 | 167.2 |
| Line 12 | Net purchases3 | FA893063005 | 504.8 | 729.8 | 672.6 | 1277.4 | -150.5 | 1358.1 | 496.7 | 684.5 | 151.0 |
| Line 13 | Household sector | FA153063005 | 118.6 | -262.4 | -475.6 | 385.1 | -672.0 | -96.1 | -418.9 | -418.8 | -968.8 |
| Line 14 | Nonfinancial corporate business (equity REITs) | FA123063003 | -2.6 | -3.2 | 0.0 | -4.8 | 2.0 | 0.6 | -2.2 | -2.0 | 3.7 |
| Line 15 | Federal government | FA313063005 | -0.0 | -0.1 | 0.2 | 0.0 | 0.0 | 0.0 | 0.2 | 0.2 | 0.3 |
| Line 16 | State and local governments | FA213063003 | -1.8 | 6.9 | 5.2 | -2.5 | 17.7 | 27.0 | -26.0 | 32.5 | -12.7 |
| Line 17 | Monetary authority (official reserves) | FA713011525 | -0.0 | -0.1 | 0.2 | 0.0 | 0.0 | 0.0 | 0.2 | 0.2 | 0.3 |
| Line 18 | U.S.-chartered depository institutions | FA763063005 | -74.3 | -50.0 | 10.9 | 48.0 | -312.3 | 314.1 | -52.2 | -24.2 | -194.1 |
| Line 19 | MBS and other ABS | FA763063605 | -8.3 | -10.7 | -10.4 | -0.8 | -6.7 | -10.1 | -5.6 | -15.9 | -10.0 |
| Line 20 | Other | FA763063095 | -66.0 | -39.3 | 21.3 | 48.9 | -305.6 | 324.2 | -46.7 | -8.3 | -184.2 |
| Line 21 | Foreign banking offices in U.S. | FA753063005 | -32.8 | 15.1 | -9.4 | -40.3 | 72.6 | -64.4 | 15.4 | -19.6 | 31.0 |
| Line 22 | Banks in U.S.-affiliated areas | FA743063005 | 22.8 | 6.2 | -5.7 | 2.3 | 10.9 | 1.6 | -0.9 | -13.2 | -10.3 |
| Line 23 | Credit unions | FA473063005 | -1.3 | 4.7 | 2.5 | -0.6 | 4.6 | 5.5 | 1.0 | 0.3 | 3.3 |
| Line 24 | MBS and other ABS | FA473063605 | -1.0 | 4.9 | 2.6 | -0.3 | 4.6 | 5.5 | 0.9 | 0.1 | 3.8 |
| Line 25 | Other | FA473063095 | -0.3 | -0.2 | -0.1 | -0.3 | 0.0 | -0.0 | 0.1 | 0.1 | -0.5 |
| Line 26 | Property-casualty insurance companies | FA513063005 | 40.6 | 70.2 | 67.5 | 86.7 | 26.3 | 75.2 | 47.8 | 105.2 | 41.7 |
| Line 27 | MBS and other ABS | FA513063605 | 9.2 | 15.5 | 14.9 | 22.8 | -1.7 | 16.4 | 11.1 | 23.1 | 9.2 |
| Line 28 | Other | FA513063095 | 31.4 | 54.7 | 52.6 | 63.9 | 28.0 | 58.8 | 36.8 | 82.1 | 32.6 |
| Line 29 | Life insurance companies | FA543063005 | 85.6 | 226.0 | 259.5 | 244.8 | 131.7 | 177.2 | 261.7 | 274.0 | 325.1 |
| Line 30 | MBS and other ABS | FA543063675 | 9.1 | 38.9 | 44.5 | 111.8 | -153.5 | 39.7 | 47.2 | 50.0 | 41.2 |
| Line 31 | Other | FA543063095 | 76.5 | 187.1 | 215.0 | 133.0 | 285.2 | 137.4 | 214.5 | 224.0 | 283.9 |
| Line 32 | Private pension funds | FA573063005 | 21.4 | 19.9 | 33.0 | 25.1 | 22.8 | 27.2 | 35.5 | 41.4 | 27.8 |
| Line 33 | Federal government pension funds | FA343063005 | 0.4 | 0.5 | 0.8 | 1.8 | -0.6 | 0.3 | 1.2 | 0.8 | 0.8 |
| Line 34 | State and local govt. pension funds | FA223063045 | -37.3 | 59.9 | 23.8 | 11.6 | 52.5 | 18.1 | 19.2 | 22.0 | 35.8 |
| Line 35 | Money market funds | FA633063005 | -0.8 | 1.6 | 9.0 | 11.5 | -8.2 | 0.9 | 6.4 | 14.2 | 14.3 |
| Line 36 | Mutual funds | FA653063005 | -13.8 | 140.3 | 119.5 | 28.4 | 52.4 | 202.3 | 18.0 | -2.9 | 260.5 |
| Line 37 | Closed-end funds | FA553063003 | 0.1 | -0.2 | 1.1 | -1.1 | -0.4 | 0.1 | 2.3 | 0.9 | 0.9 |
| Line 38 | Exchange-traded funds | FA563063003 | 90.2 | 205.6 | 251.0 | 256.0 | 233.7 | 240.4 | 171.8 | 276.3 | 315.7 |
| Line 39 | Government-sponsored enterprises | FA403063005 | 2.1 | -0.4 | 4.5 | -0.6 | -0.1 | 1.5 | 15.1 | 0.4 | 1.1 |
| Line 40 | MBS and other ABS | FA403063605 | 2.5 | -0.0 | 4.8 | -0.0 | 0.1 | 1.6 | 15.2 | 1.2 | 1.3 |
| Line 41 | Other | FA403063095 | -0.4 | -0.4 | -0.3 | -0.6 | -0.2 | -0.1 | -0.2 | -0.8 | -0.1 |
| Line 42 | Finance companies | FA613063003 | -25.8 | -7.6 | -0.6 | -62.0 | -6.2 | -0.4 | -2.6 | -0.3 | 1.0 |
| Line 43 | Mortgage REITs | FA643063073 | 0.4 | 1.2 | 3.7 | -1.4 | 2.8 | 6.4 | 1.0 | 4.4 | 2.9 |
| Line 44 | Brokers and dealers | FA663063005 | 11.5 | -2.3 | -2.1 | -65.1 | -1.6 | 12.1 | 29.0 | -3.4 | -46.2 |
| Line 45 | Holding companies | FA733063003 | 1.4 | -3.2 | -0.9 | -24.6 | 12.3 | -8.0 | -3.7 | 4.6 | 3.7 |
| Line 46 | Other financial business | FA503063005 | 0.4 | 4.5 | 10.2 | 25.7 | -34.1 | 28.9 | 6.9 | 14.2 | -9.1 |
| Line 47 | Rest of the world4 | FA263063005 | 299.8 | 296.5 | 364.4 | 353.3 | 242.7 | 387.7 | 370.5 | 377.2 | 322.2 |
| Line 48 | MBS and other ABS | FA263063603 | 40.2 | 20.8 | 41.2 | 39.2 | 19.2 | 30.3 | 27.4 | 63.2 | 44.0 |
| Line 49 | Other | FA263063095 | 259.6 | 275.7 | 323.2 | 314.1 | 223.6 | 357.4 | 343.1 | 314.0 | 278.2 |
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: 2026-03-19