Financial Accounts of the United States - Z.1

L.132 Other financial business1

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

Line Description Series 2023 2024 2025 2024:Q3 2024:Q4 2025:Q1 2025:Q2 2025:Q3 2025:Q4
Line 1 Total financial assets FL504090005 1118.6 1185.3 1443.9 1143.7 1185.3 1302.5 1375.2 1377.0 1443.9
Line 2 Checkable deposits and currency FL503020005 169.5 172.7 224.5 168.8 172.7 195.1 226.0 223.5 224.5
Line 3 Money market fund shares FL503034005 440.4 517.9 588.7 467.9 517.9 542.1 509.4 540.6 588.7
Line 4 Security repurchase agreements FL502051005 5.4 4.1 5.0 4.6 4.1 3.9 5.2 4.8 5.0
Line 5 Debt securities FL504022005 295.7 303.7 394.7 302.1 303.7 355.5 424.0 377.3 394.7
Line 6 Open market paper FL503069105 165.8 145.5 210.1 144.2 145.5 192.8 256.5 203.0 210.1
Line 7 Treasury securities FL503061123 62.3 86.0 102.2 77.3 86.0 83.4 86.4 89.7 102.2
Line 8 Corporate and foreign bonds FL503063005 67.6 72.1 82.3 80.7 72.1 79.4 81.1 84.6 82.3
Line 9 Municipal securities FL503062003 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 10 Loans (other loans and advances) FL503069005 90.9 86.8 105.0 80.8 86.8 81.6 86.9 107.3 105.0
Line 11 Corporate equities FL503064105 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 12 Equity investment in affiliates FL503094505 115.6 99.1 125.1 118.5 99.1 123.2 122.7 122.4 125.1
Line 13 Miscellaneous assets FL503093023 1.0 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1
Line 14 Total liabilities and equity FL504194005 3429.5 3892.9 4026.3 3858.2 3892.9 4005.6 3994.8 4021.7 4026.3
Line 15 Total liabilities FL504190005 1111.2 1181.9 1443.1 1138.7 1181.9 1299.0 1373.2 1374.3 1443.1
Line 16 Debt securities FL504122005 128.2 127.6 166.0 148.8 127.6 162.1 160.6 167.9 166.0
Line 17 Open market paper FL503169105 128.2 127.6 166.0 148.8 127.6 162.1 160.6 167.9 166.0
Line 18 Corporate bonds FL503163003 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 19 Loans FL504123005 227.1 248.2 314.9 238.6 248.2 268.9 302.4 303.5 314.9
Line 20 Depository institution loans n.e.c. FL713068505 7.4 3.6 0.0 4.3 3.6 2.8 2.3 1.3 0.0
Line 21 Other loans and advances FL503169005 219.7 244.6 314.9 234.2 244.6 266.1 300.1 302.2 314.9
Line 22 Foreign direct investment: intercompany debt FL503192305 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 23 Miscellaneous liabilities FL503190005 755.8 806.1 962.2 751.4 806.1 868.0 910.2 902.9 962.2
Line 24 Securities lending (net) FL663070675 676.3 721.4 823.3 806.8 721.4 793.6 810.7 846.1 823.3
Line 25 Other FL503193005 79.6 84.7 138.9 -55.4 84.7 74.5 99.5 56.8 138.9
Line 26 Total equity FL503181105 2318.3 2711.0 2583.1 2719.4 2711.0 2706.5 2621.7 2647.4 2583.1
Line 27 Corporate equities (market value) LM503164105 2310.9 2707.6 2582.3 2714.4 2707.6 2703.1 2619.6 2644.7 2582.3
Line 28 Foreign direct investment: equity LM503192103 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 29 Equity interest under PPIP LM503194305 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 30 Equity in Federal Reserve facilities2 FL503194205 7.4 3.5 0.8 5.0 3.5 3.5 2.0 2.7 0.8

Notes:

  1. 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.
  2. U.S. Treasury Exchange Stabilization Fund Economic Recovery Programs investment in Federal Reserve SPVs.

Last Update: 2026-03-19