Financial Accounts of the United States - Z.1
L.213 Corporate and foreign bonds
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 liabilities | FL893163005 | 15524.2 | 16052.9 | 16776.9 | 16200.5 | 16052.9 | 16429.1 | 16547.0 | 16770.5 | 16776.9 |
| Line 2 | Nonfinancial corporate business | FL103163005 | 7411.9 | 7685.8 | 7924.1 | 7709.1 | 7685.8 | 7808.6 | 7778.5 | 7875.0 | 7924.1 |
| Line 3 | Domestic financial sectors | FL793163005 | 4704.4 | 4931.9 | 5206.7 | 4963.7 | 4931.9 | 5092.9 | 5193.6 | 5242.6 | 5206.7 |
| Line 4 | U.S.-chartered depository institutions | FL763163005 | 254.5 | 239.5 | 244.0 | 256.0 | 239.5 | 251.8 | 270.5 | 258.2 | 244.0 |
| Line 5 | ABS issuers (net)1 | FL673163005 | 1378.4 | 1462.6 | 1581.0 | 1426.9 | 1462.6 | 1498.3 | 1533.3 | 1590.6 | 1581.0 |
| Line 6 | Finance companies | FL613163005 | 1078.7 | 1152.7 | 1156.2 | 1159.9 | 1152.7 | 1170.5 | 1168.3 | 1174.2 | 1156.2 |
| Line 7 | Mortgage REITs | FL643163075 | 212.9 | 214.7 | 241.8 | 209.5 | 214.7 | 215.8 | 217.9 | 225.5 | 241.8 |
| Line 8 | Brokers and dealers | FL663163003 | 236.2 | 327.3 | 362.4 | 327.2 | 327.3 | 358.3 | 377.2 | 381.0 | 362.4 |
| Line 9 | Holding companies | FL733163005 | 1543.6 | 1535.1 | 1621.3 | 1584.1 | 1535.1 | 1598.3 | 1626.4 | 1613.1 | 1621.3 |
| Line 10 | Other financial business | FL503163003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 11 | Rest of the world2 | LM263163005 | 3407.9 | 3435.2 | 3646.1 | 3527.7 | 3435.2 | 3527.6 | 3574.9 | 3652.9 | 3646.1 |
| Line 12 | Total assets3 | FL893063005 | 14552.9 | 15189.5 | 16854.8 | 15615.9 | 15189.5 | 15721.9 | 16134.4 | 16637.2 | 16854.8 |
| Line 13 | Household sector | LM153063005 | 199.0 | 195.0 | 194.0 | 197.8 | 195.0 | 195.0 | 194.8 | 194.8 | 194.0 |
| Line 14 | Nonfinancial corporate business (equity REITs) | LM123063003 | 16.8 | 13.4 | 13.9 | 13.4 | 13.4 | 13.7 | 13.3 | 13.0 | 13.9 |
| Line 15 | Federal government | FL313063005 | 3.9 | 6.5 | 5.5 | 3.2 | 6.5 | 8.7 | 8.6 | 5.4 | 5.5 |
| Line 16 | State and local governments | LM213063003 | 296.4 | 300.0 | 315.9 | 307.7 | 300.0 | 311.0 | 307.2 | 320.2 | 315.9 |
| Line 17 | Monetary authority (official reserves) | FL713011525 | 3.9 | 6.5 | 5.5 | 3.2 | 6.5 | 8.7 | 8.6 | 5.4 | 5.5 |
| Line 18 | U.S.-chartered depository institutions | LM763063005 | 718.3 | 676.9 | 696.5 | 757.5 | 676.9 | 758.4 | 747.5 | 743.7 | 696.5 |
| Line 19 | MBS and other ABS | LM763063605 | 115.6 | 107.4 | 99.8 | 110.4 | 107.4 | 105.9 | 105.0 | 101.9 | 99.8 |
| Line 20 | Other | LM763063095 | 602.7 | 569.5 | 596.7 | 647.1 | 569.5 | 652.5 | 642.4 | 641.8 | 596.7 |
| Line 21 | Foreign banking offices in U.S. | LM753063005 | 135.0 | 148.9 | 144.5 | 136.1 | 148.9 | 134.9 | 139.9 | 137.2 | 144.5 |
| Line 22 | Banks in U.S.-affiliated areas | LM743063005 | 35.9 | 41.6 | 37.4 | 40.5 | 41.6 | 42.6 | 42.8 | 40.1 | 37.4 |
| Line 23 | Credit unions | LM473063005 | 19.2 | 23.7 | 27.1 | 23.5 | 23.7 | 25.4 | 25.9 | 26.3 | 27.1 |
| Line 24 | MBS and other ABS | LM473063605 | 18.7 | 23.4 | 26.8 | 23.1 | 23.4 | 25.1 | 25.5 | 25.9 | 26.8 |
| Line 25 | Other | LM473063095 | 0.5 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.3 |
| Line 26 | Property-casualty insurance companies | LM513063005 | 711.9 | 783.0 | 878.8 | 802.8 | 783.0 | 812.9 | 831.8 | 871.3 | 878.8 |
| Line 27 | MBS and other ABS | LM513063605 | 140.3 | 159.0 | 179.6 | 164.4 | 159.0 | 165.3 | 169.5 | 177.9 | 179.6 |
| Line 28 | Other | LM513063095 | 571.5 | 624.1 | 699.2 | 638.5 | 624.1 | 647.6 | 662.3 | 693.4 | 699.2 |
| Line 29 | Life insurance companies | LM543063005 | 3344.6 | 3535.0 | 3922.8 | 3644.7 | 3535.0 | 3629.5 | 3726.2 | 3854.5 | 3922.8 |
| Line 30 | MBS and other ABS | LM543063675 | 701.3 | 796.0 | 869.1 | 848.8 | 796.0 | 817.1 | 835.9 | 861.7 | 869.1 |
| Line 31 | Other | LM543063095 | 2643.3 | 2739.0 | 3053.6 | 2795.9 | 2739.0 | 2812.4 | 2890.3 | 2992.8 | 3053.6 |
| Line 32 | Private pension funds | LM573063005 | 866.6 | 876.3 | 940.6 | 906.1 | 876.3 | 895.4 | 911.9 | 936.8 | 940.6 |
| Line 33 | Federal government pension funds | LM343063005 | 13.3 | 13.7 | 14.9 | 14.4 | 13.7 | 13.9 | 14.3 | 14.8 | 14.9 |
| Line 34 | State and local govt. pension funds | LM223063045 | 538.2 | 592.0 | 635.9 | 602.5 | 592.0 | 604.9 | 614.8 | 629.0 | 635.9 |
| Line 35 | Money market funds | FL633063005 | 5.7 | 7.3 | 16.3 | 9.3 | 7.3 | 7.5 | 9.1 | 12.7 | 16.3 |
| Line 36 | Mutual funds | LM653063005 | 2195.7 | 2327.3 | 2534.0 | 2393.7 | 2327.3 | 2412.0 | 2437.9 | 2477.5 | 2534.0 |
| Line 37 | Closed-end funds | LM553063003 | 69.1 | 70.8 | 72.7 | 72.6 | 70.8 | 71.2 | 71.9 | 73.3 | 72.7 |
| Line 38 | Exchange-traded funds | LM563063003 | 868.4 | 1062.7 | 1338.7 | 1038.5 | 1062.7 | 1135.8 | 1187.0 | 1266.8 | 1338.7 |
| Line 39 | Government-sponsored enterprises | LM403063005 | 14.8 | 14.3 | 19.1 | 14.6 | 14.3 | 14.8 | 18.6 | 18.7 | 19.1 |
| Line 40 | MBS and other ABS | LM403063605 | 12.7 | 12.7 | 17.7 | 12.8 | 12.7 | 13.2 | 17.0 | 17.3 | 17.7 |
| Line 41 | Other | LM403063095 | 2.1 | 1.7 | 1.3 | 1.7 | 1.7 | 1.6 | 1.6 | 1.4 | 1.3 |
| Line 42 | Finance companies | LM613063003 | 28.3 | 21.0 | 21.2 | 23.5 | 21.0 | 21.2 | 20.8 | 21.0 | 21.2 |
| Line 43 | Mortgage REITs | LM643063073 | 10.9 | 11.9 | 16.0 | 11.7 | 11.9 | 13.7 | 14.0 | 15.4 | 16.0 |
| Line 44 | Brokers and dealers | LM663063005 | 67.9 | 65.5 | 65.8 | 68.5 | 65.5 | 69.4 | 77.2 | 77.6 | 65.8 |
| Line 45 | Holding companies | LM733063003 | 32.0 | 28.6 | 28.6 | 26.6 | 28.6 | 26.9 | 26.2 | 27.8 | 28.6 |
| Line 46 | Other financial business | FL503063005 | 67.6 | 72.1 | 82.3 | 80.7 | 72.1 | 79.4 | 81.1 | 84.6 | 82.3 |
| Line 47 | Rest of the world4 | LM263063005 | 4289.8 | 4295.4 | 4826.7 | 4422.8 | 4295.4 | 4414.9 | 4603.0 | 4769.3 | 4826.7 |
| Line 48 | MBS and other ABS | LM263063603 | 391.7 | 415.1 | 456.9 | 412.6 | 415.1 | 422.8 | 429.3 | 445.9 | 456.9 |
| Line 49 | Other | LM263063095 | 3898.1 | 3880.3 | 4369.8 | 4010.2 | 3880.3 | 3992.1 | 4173.7 | 4323.5 | 4369.8 |
| Line 50 | Discrepancy5 | LM903063003 | 971.2 | 863.4 | -77.8 | 584.5 | 863.4 | 707.2 | 412.7 | 133.3 | -77.8 |
Notes:
- Liabilities net of assets.
- Holdings of foreign issues by U.S. residents.
- For some sectors, holdings 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.
- Holdings of U.S. issues by foreign residents.
- The accumulated valuation difference between issuance and holdings.
Last Update: 2026-03-19