64 Z.1, September 20, 2012

L.1 Credit Market Debt Outstanding (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total credit market debt owed by: 46183.7 50922.9 53310.5 53213.4 53555.6 53804.4 53779.6 54130.1 54510.5 54868.6 55031.3 1

 2 Domestic nonfinancial sectors 30022.5 32572.5 34478.9 35414.6 36832.0 37065.4 37179.2 37662.3 38163.3 38580.6 38924.3 2

 3 Household sector 12839.7 13699.1 13682.7 13410.5 13137.5 13020.9 12935.6 12912.6 12933.7 12857.5 12895.5 3

 4 Nonfinancial corporate business 6263.6 7108.7 7453.5 7240.4 7478.1 7603.3 7753.8 7887.0 8018.1 8114.6 8228.2 4

 5 Nonfinancial noncorporate business 3313.0 3774.6 4093.4 3959.0 3765.3 3749.5 3738.2 3733.0 3751.0 3757.7 3762.0 5

 6 State and local governments 2720.9 2867.8 2887.8 2999.3 3065.5 3045.7 3013.0 3002.2 3006.8 2998.9 2988.6 6

 7 Federal government 4885.3 5122.3 6361.5 7805.4 9385.6 9645.9 9738.6 10127.6 10453.6 10851.9 11050.1 7

 8 Rest of the world 1882.6 2126.3 1708.8 2090.3 2225.3 2304.8 2326.8 2290.1 2276.7 2288.3 2268.7 8

 9 Financial sectors 14278.6 16224.1 17122.9 15708.5 14498.3 14434.2 14273.6 14177.7 14070.6 13999.7 13838.2 9

10 U.S.-chartered depository institutions 768.3 990.9 989.8 717.4 942.4 906.6 887.9 868.0 868.7 840.8 844.7 10

11 Foreign banking offices in U.S. 0.5 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

12 Credit unions 18.9 32.3 40.6 26.5 26.1 23.7 22.8 23.7 24.2 22.9 23.7 12

13 Life insurance companies 14.2 28.7 54.9 48.3 45.1 45.5 46.2 46.4 46.8 48.5 52.4 13

14 Government-sponsored enterprises 2627.8 2910.2 3181.9 2706.6 6434.5 6437.3 6317.3 6282.7 6247.3 6178.6 6139.8 14

15 Agency- and GSE-backed mortgage pools 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 1377.3 15

16 ABS issuers 4179.9 4534.4 4123.3 3308.2 2243.3 2162.4 2110.1 2044.3 1996.2 1922.1 1856.0 16

17 Finance companies 1144.2 1279.6 1200.3 1044.1 1268.8 1268.2 1253.1 1276.6 1274.8 1263.6 1247.7 17

18 REITs 411.0 421.2 367.4 317.4 315.2 326.4 330.6 334.1 343.4 350.1 364.1 18

19 Brokers and dealers 68.8 64.8 142.6 92.9 129.7 128.2 110.1 99.2 91.8 98.0 102.1 19

20 Holding companies 558.7 710.6 807.9 1253.7 1237.2 1258.1 1269.7 1248.8 1220.8 1303.9 1213.9 20

21 Funding corporations 645.3 786.4 1252.8 816.8 716.4 690.8 689.9 676.5 651.8 641.3 616.3 21

22 Total credit market assets held by: 46183.7 50922.9 53310.5 53213.4 53555.6 53804.4 53779.6 54130.1 54510.5 54868.6 55031.3 22

23 Domestic nonfinancial sectors 6498.8 7129.5 6953.5 7466.2 7906.0 7832.5 7519.2 7455.5 7125.9 7057.4 7100.7 23

24 Household sector 4361.2 4956.5 4858.9 5117.4 5477.5 5405.2 5135.4 5115.8 4823.7 4755.4 4788.4 24

25 Nonfinancial corporate business 328.3 250.4 214.0 221.6 236.8 225.7 227.2 216.3 222.3 234.7 230.3 25

26 Nonfinancial noncorporate business 96.7 106.7 95.8 89.1 85.7 85.5 85.3 85.2 85.4 85.5 85.5 26

27 State and local governments 1437.4 1534.8 1418.3 1376.2 1359.1 1337.9 1314.3 1276.5 1248.3 1226.6 1222.7 27

28 Federal government 275.2 281.1 366.4 661.8 746.9 778.2 757.0 761.6 746.2 755.1 773.8 28

29 Rest of the world 6199.7 7272.6 7504.6 7723.4 8497.0 8600.0 8666.0 8837.2 9127.4 9222.5 9247.3 29

30 Financial sectors 33485.2 36520.8 38852.4 38023.7 37152.6 37371.9 37594.4 37837.4 38257.2 38588.7 38683.3 30

31 Monetary authority 778.9 740.6 986.0 1987.7 2259.2 2479.2 2700.4 2686.1 2635.6 2613.4 2610.9 31

32 U.S.-chartered depository institutions 8628.6 9201.0 9442.9 9131.1 9341.5 9211.3 9185.9 9299.0 9468.4 9462.8 9564.5 32

33 Foreign banking offices in U.S. 761.6 963.3 1063.8 777.9 747.1 757.6 773.4 804.4 784.9 775.5 760.4 33

34 Banks in U.S.-affiliated areas 99.3 92.8 90.9 88.1 68.9 67.6 65.2 63.7 64.0 63.9 62.7 34

35 Credit unions 622.6 657.9 697.8 731.0 755.6 765.4 774.3 781.6 790.8 807.7 825.3 35

36 Property-casualty insurance companies 864.1 869.3 853.4 886.7 890.6 895.2 890.3 890.6 918.1 910.4 910.3 36

37 Life insurance companies 2786.4 2871.2 2882.8 3022.6 3174.2 3211.1 3237.3 3284.3 3297.9 3322.4 3288.0 37

38 Private pension funds 758.3 860.8 951.4 1063.0 1122.4 1130.9 1138.2 1161.3 1171.4 1172.0 1165.2 38

39 State and local govt. retirement funds 808.0 820.3 833.5 824.7 816.5 825.0 820.5 835.6 834.8 843.0 847.4 39

40 Federal government retirement funds 86.8 99.4 123.3 130.8 141.6 145.3 149.6 157.9 161.6 163.0 167.2 40

41 Money market mutual funds 1560.8 1936.4 2675.0 2031.0 1621.0 1582.4 1521.0 1527.2 1628.2 1569.7 1493.9 41

42 Mutual funds 1932.0 2203.1 2276.4 2657.2 3031.4 3160.9 3267.8 3317.9 3458.9 3666.3 3821.8 42

43 Closed-end funds 171.8 170.9 130.3 140.9 145.9 147.6 148.5 143.3 144.7 147.4 148.8 43

44 Exchange-traded funds 20.7 34.1 57.1 103.0 132.7 140.1 151.1 164.1 178.8 195.1 213.5 44

45 Government-sponsored enterprises 2590.5 2829.5 3037.5 2699.7 6333.1 6327.9 6252.4 6176.5 6133.4 6095.8 6014.0 45

46 Agency- and GSE-backed mortgage pools 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 1377.3 46

47 ABS issuers 4068.1 4419.7 4025.1 3244.6 2191.5 2108.8 2058.9 1996.7 1948.7 1876.8 1813.6 47

48 Finance companies 1809.2 1816.3 1734.4 1516.7 1443.9 1422.0 1395.0 1389.0 1396.9 1384.0 1372.8 48

49 REITs 266.4 246.5 177.6 168.9 206.0 258.0 288.4 308.5 308.9 365.9 388.6 49

50 Brokers and dealers 583.4 803.1 717.4 525.3 557.5 556.8 549.6 511.2 567.2 610.7 600.5 50

51 Holding companies 36.0 59.1 73.0 75.8 97.9 105.7 105.3 110.5 101.1 223.0 183.5 51

52 Funding corporations 410.8 361.0 1061.3 840.3 934.7 886.0 885.3 950.8 958.3 990.1 1053.2 52

(1) Excludes corporate equities and mutual fund shares.
Z.1, September 20, 2012 65

L.2 Credit Market Debt Owed by Nonfinancial Sectors

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Domestic 30022.5 32572.5 34478.9 35414.6 36832.0 37065.4 37179.2 37662.3 38163.3 38580.6 38924.3 1

 2 By instrument 30022.5 32572.5 34478.9 35414.6 36832.0 37065.4 37179.2 37662.3 38163.3 38580.6 38924.3 2

 3 Commercial paper 112.5 123.8 131.5 58.4 82.9 110.5 106.9 124.7 116.3 127.6 132.1 3

 4 Treasury securities 4861.7 5099.2 6338.2 7781.9 9361.5 9621.4 9714.1 10102.6 10428.3 10827.5 11025.6 4

 5 Agency- and GSE-backed securities 23.5 23.1 23.3 23.5 24.2 24.5 24.5 25.0 25.3 24.4 24.5 5

 6 Municipal securities 3212.2 3448.1 3543.4 3697.9 3795.6 3778.6 3750.5 3733.6 3743.4 3732.1 3726.4 6

 7 Corporate bonds 3364.4 3675.5 3881.0 4268.6 4691.4 4792.4 4907.8 4988.3 5076.0 5193.5 5286.0 7

 8 Depository institution loans n.e.c. 1429.7 1664.2 1852.6 1500.2 1465.5 1457.4 1435.5 1468.7 1542.6 1585.7 1684.8 8

 9 Other loans and advances 1314.9 1620.4 1688.2 1458.4 1302.5 1301.8 1334.6 1353.5 1373.7 1357.0 1352.8 9

10 Mortgages 13318.5 14389.4 14471.8 14186.8 13563.1 13466.4 13371.1 13287.3 13226.1 13113.8 13031.0 10

11 Home 10469.8 11194.2 11088.3 10888.9 10422.2 10347.7 10282.0 10223.8 10167.1 10081.0 10028.0 11

12 Multifamily residential 680.6 767.5 819.4 827.2 815.1 814.9 814.7 815.3 820.1 819.3 823.2 12

13 Commercial 2060.2 2315.0 2429.4 2339.4 2184.8 2161.6 2131.0 2103.5 2092.9 2066.3 2031.3 13

14 Farm 108.0 112.7 134.7 131.3 141.0 142.2 143.5 144.7 146.0 147.2 148.5 14

15 Consumer credit 2385.0 2528.8 2548.9 2438.8 2545.3 2512.3 2534.2 2578.6 2631.7 2619.0 2661.1 15

16 By sector 30022.5 32572.5 34478.9 35414.6 36832.0 37065.4 37179.2 37662.3 38163.3 38580.6 38924.3 16

17 Household sector 12839.7 13699.1 13682.7 13410.5 13137.5 13020.9 12935.6 12912.6 12933.7 12857.5 12895.5 17

18 Nonfinancial business 9576.6 10883.3 11546.8 11199.4 11243.4 11352.9 11492.0 11619.9 11769.1 11872.2 11990.2 18

19 Corporate 6263.6 7108.7 7453.5 7240.4 7478.1 7603.3 7753.8 7887.0 8018.1 8114.6 8228.2 19

20 Noncorporate 3313.0 3774.6 4093.4 3959.0 3765.3 3749.5 3738.2 3733.0 3751.0 3757.7 3762.0 20

21 State and local governments 2720.9 2867.8 2887.8 2999.3 3065.5 3045.7 3013.0 3002.2 3006.8 2998.9 2988.6 21

22 Federal government 4885.3 5122.3 6361.5 7805.4 9385.6 9645.9 9738.6 10127.6 10453.6 10851.9 11050.1 22

 Foreign credit market debt

23 held in U.S. 1882.6 2126.3 1708.8 2090.3 2225.3 2304.8 2326.8 2290.1 2276.7 2288.3 2268.7 23

24 Commercial paper 482.3 413.0 342.0 401.3 398.6 428.2 417.2 352.5 345.1 362.6 357.4 24

25 Bonds 1275.5 1587.1 1237.3 1570.3 1689.5 1727.2 1757.3 1774.6 1763.8 1745.3 1718.8 25

26 Depository institution loans n.e.c. 98.3 102.8 107.9 96.8 115.1 127.1 130.5 140.9 144.3 153.6 164.8 26

27 Other loans and advances 26.6 23.4 21.6 21.9 22.1 22.2 21.9 22.0 23.5 26.7 27.7 27

28 Domestic and foreign 31905.1 34698.8 36187.6 37504.9 39057.4 39370.1 39506.0 39952.4 40440.0 40868.9 41193.0 28

L.3 Credit Market Debt Owed by Financial Sectors

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

 1 By instrument 14278.6 16224.1 17122.9 15708.5 14498.3 14434.2 14273.6 14177.7 14070.6 13999.7 13838.2 1

 2 Open market paper 1363.2 1251.8 1125.8 677.6 575.9 592.5 557.5 527.2 507.8 504.2 472.6 2

 3 GSE issues 2627.8 2910.2 3181.9 2706.6 6434.5 6437.3 6317.3 6282.7 6247.3 6178.6 6139.8 3

 4 Agency- and GSE-backed mortgage pool sec. 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 1377.3 4

 5 Corporate bonds 5440.1 6280.7 6000.3 5738.1 5334.5 5245.9 5158.5 5093.1 5021.4 5056.2 4951.8 5

 6 Depository institution loans n.e.c. 213.0 293.1 789.5 424.7 373.7 360.1 406.0 414.2 399.9 362.6 299.1 6

 7 Other loans and advances 641.4 867.1 900.5 617.9 473.2 442.5 424.8 408.7 413.1 389.5 412.2 7

 8 Mortgages 152.1 156.7 163.5 166.9 167.1 168.9 173.5 174.5 176.2 178.8 185.4 8

 9 By sector 14278.6 16224.1 17122.9 15708.5 14498.3 14434.2 14273.6 14177.7 14070.6 13999.7 13838.2 9

10 U.S.-chartered depository institutions 768.3 990.9 989.8 717.4 942.4 906.6 887.9 868.0 868.7 840.8 844.7 10

11 Foreign banking offices in U.S. 0.5 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

12 Credit unions 18.9 32.3 40.6 26.5 26.1 23.7 22.8 23.7 24.2 22.9 23.7 12

13 Life insurance companies 14.2 28.7 54.9 48.3 45.1 45.5 46.2 46.4 46.8 48.5 52.4 13

14 Government-sponsored enterprises 2627.8 2910.2 3181.9 2706.6 6434.5 6437.3 6317.3 6282.7 6247.3 6178.6 6139.8 14

15 Agency- and GSE-backed mortgage pools 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 1377.3 15

16 ABS issuers 4179.9 4534.4 4123.3 3308.2 2243.3 2162.4 2110.1 2044.3 1996.2 1922.1 1856.0 16

17 Finance companies 1144.2 1279.6 1200.3 1044.1 1268.8 1268.2 1253.1 1276.6 1274.8 1263.6 1247.7 17

18 REITs 411.0 421.2 367.4 317.4 315.2 326.4 330.6 334.1 343.4 350.1 364.1 18

19 Brokers and dealers 68.8 64.8 142.6 92.9 129.7 128.2 110.1 99.2 91.8 98.0 102.1 19

20 Holding companies 558.7 710.6 807.9 1253.7 1237.2 1258.1 1269.7 1248.8 1220.8 1303.9 1213.9 20

21 Funding corporations 645.3 786.4 1252.8 816.8 716.4 690.8 689.9 676.5 651.8 641.3 616.3 21
66 Z.1, September 20, 2012

L.4 Credit Market Debt, All Sectors, by Instrument

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total 46183.7 50922.9 53310.5 53213.4 53555.6 53804.4 53779.6 54130.1 54510.5 54868.6 55031.3 1

 2 Open market paper 1958.0 1788.6 1599.3 1137.4 1057.5 1131.2 1081.6 1004.4 969.2 994.4 962.0 2

 3 Treasury securities 4861.7 5099.2 6338.2 7781.9 9361.5 9621.4 9714.1 10102.6 10428.3 10827.5 11025.6 3

 4 Agency- and GSE-backed securities 6492.4 7397.7 8166.7 8106.8 7598.2 7648.7 7577.8 7585.0 7577.4 7533.0 7541.7 4

 5 Municipal securities 3212.2 3448.1 3543.4 3697.9 3795.6 3778.6 3750.5 3733.6 3743.4 3732.1 3726.4 5

 6 Corporate and foreign bonds 10080.0 11543.4 11118.5 11577.0 11715.3 11765.6 11823.5 11856.0 11861.1 11995.0 11956.6 6

 7 Depository institution loans n.e.c. 1741.0 2060.1 2750.0 2021.7 1954.3 1944.6 1972.1 2023.9 2086.8 2101.9 2148.8 7

 8 Other loans and advances 1982.9 2511.0 2610.2 2098.1 1797.8 1766.6 1781.3 1784.2 1810.3 1773.2 1792.7 8

 9 Mortgages 13470.6 14546.1 14635.3 14353.7 13730.2 13635.3 13544.6 13461.8 13402.2 13292.6 13216.4 9

10 Consumer credit 2385.0 2528.8 2548.9 2438.8 2545.3 2512.3 2534.2 2578.6 2631.7 2619.0 2661.1 10

 Memo:

 Selected claims not included above:

11 Corporate equities 24339.3 25580.9 15640.5 20123.2 23410.8 25100.7 25125.6 21061.5 22824.9 25533.2 24222.9 11

12 Mutual fund shares 7068.3 7829.0 5435.3 6961.6 7934.5 8471.9 8570.5 7532.8 8000.5 8851.1 8627.0 12

L.5 Total Liabilities and Its Relation to Total Financial Assets

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

 Total credit market debt

 1 (from table L.4) 46183.7 50922.9 53310.5 53213.4 53555.6 53804.4 53779.6 54130.1 54510.5 54868.6 55031.3 1

 2 U.S. official reserve assets 62.2 67.3 74.2 175.1 175.8 184.3 189.3 186.4 183.8 184.5 181.7 2

 3 SDR certificates 2.2 2.2 2.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 3

 4 Treasury currency 28.1 27.4 26.6 26.2 25.9 25.9 25.9 25.9 25.9 25.9 25.9 4

 5 Foreign deposits 1085.0 1340.9 946.7 840.6 866.5 917.5 917.9 919.6 834.1 803.0 793.6 5

 6 Net interbank liabilities 190.3 136.3 1922.9 1325.5 1147.7 1847.7 2025.2 2081.0 1984.6 1985.6 1945.9 6

 7 Checkable deposits and currency 1507.3 1532.9 2101.3 2093.4 2359.8 2193.3 2314.6 2403.7 2594.3 2520.5 2591.8 7

 8 Small time and savings deposits 4945.1 5224.5 5749.3 6326.5 6624.9 6741.5 6898.8 7065.7 7202.2 7410.5 7460.4 8

 9 Large time deposits 2050.8 2382.2 2191.6 1989.8 1807.5 1811.8 1815.3 1658.4 1603.0 1504.3 1512.6 9

10 Money market fund shares 2312.1 3033.1 3757.3 3258.3 2755.3 2679.4 2637.8 2578.4 2642.5 2535.4 2467.9 10

11 Security RPs 2137.7 2118.5 1238.2 1488.4 1272.3 1312.7 1258.2 1102.1 1140.7 1187.7 1165.1 11

12 Mutual fund shares 7068.3 7829.0 5435.3 6961.6 7934.5 8471.9 8570.5 7532.8 8000.5 8851.1 8627.0 12

13 Security credit 1249.9 1526.4 1128.5 1091.2 1214.8 1258.1 1323.8 1380.9 1312.1 1375.5 1410.2 13

14 Life insurance reserves 1163.7 1201.5 1179.8 1242.1 1278.3 1302.8 1317.5 1320.3 1352.0 1381.5 1370.8 14

15 Pension fund reserves 12750.6 13390.7 10409.6 11915.0 13090.9 13511.3 13434.8 12453.9 13152.4 13954.6 13656.2 15

16 Trade payables 3195.9 3398.0 3228.1 3204.9 3393.7 3441.1 3506.8 3557.0 3615.2 3702.6 3740.8 16

17 Taxes payable 237.0 167.7 44.0 40.6 50.7 75.9 63.8 65.3 64.7 76.5 73.2 17

18 Miscellaneous 15692.9 17539.8 20072.8 19982.0 20661.0 20339.3 20219.7 21547.7 21048.6 21022.8 21604.6 18

19 Total liabilities 101862.8 111841.3 112818.7 115179.7 118220.4 119923.9 120304.6 120014.3 121272.3 123395.9 123664.3 19

 + Financial assets not included in

 liabilities:

20 Gold 11.0 11.0 11.0 11.0 11.0 11.0 11.0 11.0 11.0 11.0 11.0 20

21 Corporate equities 24339.3 25580.9 15640.5 20123.2 23410.8 25100.7 25125.6 21061.5 22824.9 25533.2 24222.9 21

22 Household equity in noncorp. bus. 9204.3 9341.1 7733.4 6480.6 7018.5 7184.1 7247.3 7365.0 7525.3 7603.9 7691.9 22

 - Liabilities not identified as assets:

23 Treasury currency -10.1 -11.3 -12.1 -16.5 -17.6 -17.9 -18.0 -18.2 -18.3 -18.5 -18.6 23

24 Foreign deposits 886.3 1082.9 735.8 661.5 667.5 704.8 707.5 739.9 691.4 684.8 684.3 24

25 Net interbank transactions -45.0 -41.8 -17.5 5.1 -17.7 -1.3 4.4 9.9 -5.3 -8.7 -14.2 25

26 Security RPs 885.0 651.2 60.2 447.6 346.4 277.1 264.1 239.7 238.5 342.0 288.5 26

27 Taxes payable -48.1 -174.8 -345.3 -375.5 -398.2 -382.3 -403.1 -397.7 -409.3 -402.9 -413.1 27

28 Miscellaneous -6631.6 -7366.1 -5126.5 -5497.9 -5580.2 -5779.3 -6175.0 -5946.1 -6592.9 -6951.2 -6755.5 28

 - Floats not included in assets:

29 Checkable deposits: State and local govt. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

30 Federal govt. 0.1 2.8 1.2 2.0 2.5 2.6 3.5 1.7 2.5 2.9 3.4 30

31 Private domestic 7.4 7.3 5.3 4.2 3.2 3.3 3.4 3.9 4.1 3.7 3.8 31

32 Trade credit 234.8 208.8 234.9 337.7 423.9 380.3 343.6 344.7 450.2 411.9 368.7 32

33 Totals identified to sectors as assets 140138.7 152415.4 140667.6 146226.3 153231.1 157032.5 157958.1 153474.1 157272.6 162480.2 161442.8 33
Z.1, September 20, 2012 67

L.10 Assets and Liabilities of the Personal Sector (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 43282.0 46349.0 38736.6 42747.9 45971.8 47620.0 47623.3 44749.5 46213.2 48537.9 47707.2 1

 2 Foreign deposits 65.2 80.5 56.9 50.5 52.1 55.1 55.1 55.2 50.1 48.3 47.7 2

 3 Checkable deposits and currency 694.6 675.9 869.0 913.4 856.7 854.9 922.0 1017.8 1148.7 1135.7 1146.6 3

 4 Time and savings deposits 5766.8 6273.9 6476.8 6585.2 6739.4 6833.1 6953.3 7020.0 7117.3 7226.7 7274.1 4

 5 Money market fund shares 1186.6 1421.0 1657.2 1386.8 1209.3 1178.0 1165.8 1183.6 1187.2 1145.3 1120.9 5

 6 Securities 18131.3 19130.6 13874.3 16617.5 18753.7 19891.9 19733.9 17599.7 18136.5 19583.5 19021.9 6

 7 Open market paper 117.5 107.3 6.0 34.6 63.4 67.9 64.9 60.3 58.2 51.7 47.1 7

 8 U.S. savings bonds 202.4 196.4 194.0 191.2 187.9 186.8 186.0 185.1 185.2 184.7 184.3 8

 9 Treasury bills and other Treasury securities 209.0 64.9 38.4 583.1 897.3 738.4 516.8 590.8 439.3 594.6 738.1 9

10 Agency- and GSE-backed securities 425.5 680.0 716.3 122.5 122.7 196.4 163.2 125.8 77.5 8.4 6.5 10

11 Municipal securities 1684.3 1726.8 1767.4 1896.0 1953.2 1965.8 1940.7 1920.4 1891.8 1845.2 1814.9 11

12 Corporate and foreign bonds 1653.5 2118.4 2052.8 2213.1 2185.8 2186.2 2202.6 2174.1 2118.1 2017.9 1948.9 12

13 Corporate equities (2) 9645.0 9631.6 5759.5 7419.7 8736.7 9592.3 9645.2 8142.0 8720.8 9691.5 9216.3 13

14 Mutual fund shares 4194.1 4605.3 3340.0 4157.3 4606.6 4958.2 5014.6 4401.3 4645.8 5189.3 5065.7 14

15 Life insurance reserves 1055.2 1076.8 1049.8 1109.2 1137.2 1160.3 1174.1 1174.5 1203.6 1214.0 1201.1 15

16 Pension fund reserves 12750.6 13390.7 10409.6 11915.0 13090.9 13511.3 13434.8 12453.9 13152.4 13954.6 13656.2 16

17 Life insurance companies 2332.4 2450.8 2184.6 2323.0 2504.7 2589.1 2611.0 2519.6 2556.6 2633.6 2579.1 17

18 Private pension funds 6120.5 6444.8 4588.0 5507.4 6136.6 6367.7 6366.3 5734.7 6118.2 6597.5 6427.6 18

19 Governments 4297.6 4495.1 3637.0 4084.7 4449.5 4554.4 4457.5 4199.7 4477.6 4723.5 4649.5 19

20 Miscellaneous and other assets 3631.8 4299.6 4342.9 4170.3 4132.6 4135.5 4184.3 4244.8 4217.2 4230.0 4238.8 20

21 Total liabilities 18118.2 19612.0 19905.9 19583.6 19227.5 19142.0 19053.6 18975.1 19004.1 18975.2 18993.5 21

22 Home mortgages 10430.4 11151.9 11055.6 10868.6 10408.7 10335.3 10270.6 10213.1 10156.9 10071.1 10018.1 22

23 Other mortgages 2015.4 2301.9 2529.9 2551.8 2456.0 2440.2 2421.2 2405.1 2404.8 2385.0 2366.9 23

24 Consumer credit 2385.0 2528.8 2548.9 2438.8 2545.3 2512.3 2534.2 2578.6 2631.7 2619.0 2661.1 24

25 Policy loans 110.9 114.5 120.4 121.1 124.5 124.8 125.5 126.4 126.9 126.9 126.6 25

26 Security credit 292.1 325.5 164.8 203.0 278.2 315.7 312.8 251.9 238.5 267.7 244.5 26

27 Other liabilities 2884.4 3189.4 3486.3 3400.4 3414.9 3413.6 3389.2 3400.0 3445.3 3505.4 3576.3 27

(1) Combined statement for households and nonprofit organizations and nonfinancial noncorporate business.

(2) Directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual funds (line 14) and life insurance and pension reserves (lines 15, 16, 17, and 18).
68 Z.1, September 20, 2012

L.100 Households and Nonprofit Organizations (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 49360.0 52082.6 42767.3 45624.1 49518.7 51339.5 51412.3 48659.7 50275.4 52668.1 51925.6 1

 2 Deposits 6847.9 7502.0 8107.1 7969.1 7926.7 7992.5 8169.1 8350.0 8574.4 8625.4 8658.6 2

 3 Foreign deposits 65.2 80.5 56.9 50.5 52.1 55.1 55.1 55.2 50.1 48.3 47.7 3

 4 Checkable deposits and currency 245.8 160.2 349.6 373.6 336.7 335.9 403.6 499.5 629.0 614.9 625.6 4

 5 Time and savings deposits 5422.4 5914.6 6118.8 6231.9 6399.5 6494.2 6615.1 6682.2 6778.7 6887.6 6935.1 5

 6 Money market fund shares 1114.5 1346.7 1581.8 1313.1 1138.4 1107.2 1095.2 1113.1 1116.6 1074.6 1050.2 6

 7 Credit market instruments 4361.2 4956.5 4858.9 5117.4 5477.5 5405.2 5135.4 5115.8 4823.7 4755.4 4788.4 7

 8 Open market paper 117.5 107.3 6.0 34.6 63.4 67.9 64.9 60.3 58.2 51.7 47.1 8

 9 Treasury securities 355.1 202.0 180.6 728.2 1040.9 880.9 658.6 731.8 580.3 735.1 878.2 9

10 Savings bonds 202.4 196.4 194.0 191.2 187.9 186.8 186.0 185.1 185.2 184.7 184.3 10

11 Bills and other Treasury securities 152.7 5.6 -13.4 537.0 853.0 694.1 472.6 546.7 395.1 550.4 693.9 11

12 Agency- and GSE-backed securities 425.5 680.0 716.3 122.5 122.7 196.4 163.2 125.8 77.5 8.4 6.5 12

13 Municipal securities 1678.6 1721.5 1762.5 1890.9 1948.3 1961.0 1935.8 1915.5 1887.0 1840.3 1810.0 13

14 Corporate and foreign bonds 1653.5 2118.4 2052.8 2213.1 2185.8 2186.2 2202.6 2174.1 2118.1 2017.9 1948.9 14

15 Other loans and advances (2) 9.1 17.6 29.7 26.8 26.2 25.2 25.7 25.5 23.4 26.5 26.1 15

16 Mortgages 122.1 109.8 111.1 101.4 90.1 87.7 84.6 82.8 79.5 75.5 71.5 16

17 Corporate equities (3) 9645.0 9631.6 5759.5 7419.7 8736.7 9592.3 9645.2 8142.0 8720.8 9691.5 9216.3 17

18 Mutual fund shares 4194.1 4605.3 3340.0 4157.3 4606.6 4958.2 5014.6 4401.3 4645.8 5189.3 5065.7 18

19 Security credit 655.7 866.4 742.7 668.6 694.3 703.3 757.7 804.9 752.3 762.3 777.7 19

20 Life insurance reserves 1055.2 1076.8 1049.8 1109.2 1137.2 1160.3 1174.1 1174.5 1203.6 1214.0 1201.1 20

21 Pension fund reserves 12750.6 13390.7 10409.6 11915.0 13090.9 13511.3 13434.8 12453.9 13152.4 13954.6 13656.2 21

22 Equity in noncorporate business 9204.3 9341.1 7733.4 6480.6 7018.5 7184.1 7247.3 7365.0 7525.3 7603.9 7691.9 22

23 Miscellaneous assets 646.1 712.2 766.3 787.1 830.5 832.3 834.1 852.3 877.2 871.7 869.8 23

24 Total liabilities 13354.5 14263.0 14111.3 13888.3 13714.5 13641.0 13556.7 13474.9 13484.7 13441.2 13458.5 24

25 Credit market instruments 12839.7 13699.1 13682.7 13410.5 13137.5 13020.9 12935.6 12912.6 12933.7 12857.5 12895.5 25

26 Home mortgages (4) 9879.2 10566.9 10514.7 10369.2 9950.9 9884.7 9826.5 9773.7 9721.6 9640.0 9589.1 26

27 Consumer credit 2385.0 2528.8 2548.9 2438.8 2545.3 2512.3 2534.2 2578.6 2631.7 2619.0 2661.1 27

28 Municipal securities 230.1 250.7 258.7 264.6 262.3 261.9 260.7 256.1 254.4 252.3 247.6 28

29 Depository institution loans n.e.c. (5) 30.9 21.8 26.4 10.2 61.0 45.3 -1.0 -9.8 12.4 34.8 88.5 29

30 Other loans and advances 123.8 127.0 133.2 133.7 136.1 136.4 136.9 137.8 138.1 137.8 137.6 30

31 Commercial mortgages 190.7 204.0 200.9 194.0 181.9 180.3 178.3 176.2 175.5 173.7 171.6 31

32 Security credit 292.1 325.5 164.8 203.0 278.2 315.7 312.8 251.9 238.5 267.7 244.5 32

33 Trade payables 199.9 214.5 236.7 252.7 274.1 279.1 282.6 286.0 288.2 289.8 290.5 33

 Deferred and unpaid

34 life insurance premiums 22.8 23.9 27.0 22.1 24.7 25.2 25.6 24.4 24.3 26.2 28.0 34

(1) Sector includes domestic hedge funds, private equity funds, and personal trusts. Supplementary tables (tables F.100.a and L.100.a) show estimates of annual flows and year-end

 outstandings of nonprofit organizations.

(2) Syndicated loans to nonfinancial corporate business by nonprofits and domestic hedge funds.

(3) Directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual fund shares (line 18) and life insurance and pension reserves (lines 20 and 21).

(4) Includes loans made under home equity lines of credit and home equity loans secured by junior liens, shown on table L.218, line 23.

(5) Includes loans extended by the Federal Reserve to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF), shown on table L.108, line 15.
Z.1, September 20, 2012 69

L.101 Nonfinancial Business (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 15784.0 17358.0 16630.8 16932.5 17633.8 17738.9 17938.3 18134.3 18475.3 18732.3 18929.5 1

 2 Foreign deposits 49.3 50.3 24.7 31.5 41.1 48.2 41.4 37.7 34.0 21.4 21.0 2

 3 Checkable deposits and currency 599.6 658.8 550.0 710.3 846.3 881.3 875.7 917.3 914.9 920.0 921.4 3

 4 Time and savings deposits 841.4 800.7 740.0 842.1 851.2 852.9 889.0 878.9 875.3 886.0 890.3 4

 5 Money market fund shares 493.4 622.8 786.0 715.4 555.7 540.5 528.5 511.2 522.7 504.5 492.3 5

 6 Security RPs 15.5 8.1 7.2 7.9 12.1 12.7 12.9 12.0 12.8 13.8 14.2 6

 7 Credit market instruments 425.0 357.1 309.8 310.7 322.5 311.2 312.5 301.6 307.8 320.2 315.8 7

 8 Commercial paper 122.7 69.5 57.3 56.0 67.8 70.6 70.2 57.8 59.2 63.9 58.8 8

 9 Treasury securities 101.8 97.7 82.3 89.1 92.2 86.5 85.5 88.4 91.8 97.1 100.6 9

10 Agency- and GSE-backed securities 15.2 12.8 10.2 14.3 15.9 14.1 17.1 14.8 15.9 17.6 16.3 10

11 Municipal securities 33.9 34.5 31.1 32.2 29.0 24.5 24.2 24.9 24.5 27.2 25.9 11

12 Mortgages 94.5 83.5 72.8 67.5 64.5 64.0 63.6 63.2 62.9 62.5 62.2 12

13 Consumer credit 57.0 59.3 56.3 51.7 53.1 51.5 52.0 52.6 53.5 51.9 52.1 13

14 Mutual fund shares 173.1 178.0 106.2 161.9 186.6 190.2 186.6 162.9 167.5 177.3 166.6 14

15 Trade receivables 2561.4 2778.0 2607.3 2552.4 2664.9 2757.0 2858.6 2895.5 2849.0 2968.4 3048.2 15

16 Miscellaneous assets 10625.3 11904.3 11499.7 11600.4 12153.3 12145.1 12233.0 12417.3 12791.3 12920.7 13059.8 16

17 Total liabilities 16585.1 18264.9 19019.6 18593.8 18877.8 18876.3 18943.1 19100.5 19266.6 19386.0 19506.8 17

18 Credit market instruments 9576.6 10883.3 11546.8 11199.4 11243.4 11352.9 11492.0 11619.9 11769.1 11872.2 11990.2 18

19 Commercial paper 112.5 123.8 131.5 58.4 82.9 110.5 106.9 124.7 116.3 127.6 132.1 19

20 Municipal securities 272.4 341.5 409.7 447.5 482.3 485.4 491.4 490.3 497.4 496.3 506.0 20

21 Corporate bonds 3364.4 3675.5 3881.0 4268.6 4691.4 4792.4 4907.8 4988.3 5076.0 5193.5 5286.0 21

22 Depository institution loans n.e.c. 1398.7 1642.4 1826.1 1490.1 1404.6 1412.1 1436.6 1478.5 1530.2 1550.9 1596.3 22

23 Other loans and advances 1179.9 1481.5 1542.3 1311.1 1152.0 1150.9 1183.0 1200.8 1220.3 1203.9 1199.5 23

24 Mortgages 3248.6 3618.5 3756.3 3623.6 3430.3 3401.5 3366.3 3337.4 3329.0 3300.2 3270.3 24

25 Trade payables 2161.7 2272.8 2053.5 1975.8 2119.9 2139.0 2198.7 2239.9 2296.5 2357.3 2391.2 25

26 Taxes payable 181.1 135.3 145.1 135.6 137.9 155.4 145.1 151.0 142.5 153.9 150.7 26

27 Miscellaneous liabilities 4665.7 4973.5 5274.2 5283.0 5376.5 5229.0 5107.3 5089.6 5058.5 5002.5 4974.8 27

(1) Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
70 Z.1, September 20, 2012

L.102 Nonfinancial Corporate Business

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 12667.6 13762.1 12937.7 13340.1 14176.0 14289.7 14495.0 14693.1 15025.3 15276.7 15474.2 1

 2 Foreign deposits 49.3 50.3 24.7 31.5 41.1 48.2 41.4 37.7 34.0 21.4 21.0 2

 3 Checkable deposits and currency 150.8 143.2 30.6 170.5 326.3 362.3 357.4 399.1 395.2 399.2 400.4 3

 4 Time and savings deposits 497.0 441.3 381.9 488.8 511.4 514.0 550.8 541.0 536.7 546.9 551.3 4

 5 Money market fund shares 421.3 548.5 710.6 641.7 484.8 469.8 458.0 440.7 452.0 433.8 421.6 5

 6 Security RPs 15.5 8.1 7.2 7.9 12.1 12.7 12.9 12.0 12.8 13.8 14.2 6

 7 Credit market instruments 328.3 250.4 214.0 221.6 236.8 225.7 227.2 216.3 222.3 234.7 230.3 7

 8 Commercial paper 122.7 69.5 57.3 56.0 67.8 70.6 70.2 57.8 59.2 63.9 58.8 8

 9 Treasury securities 45.5 38.3 30.5 43.0 47.8 42.3 41.3 44.3 47.6 52.8 56.3 9

10 Agency- and GSE-backed securities 15.2 12.8 10.2 14.3 15.9 14.1 17.1 14.8 15.9 17.6 16.3 10

11 Municipal securities 28.1 29.2 26.2 27.1 24.1 19.6 19.3 20.0 19.6 22.4 21.0 11

12 Mortgages 59.8 41.4 33.6 29.5 28.0 27.7 27.3 26.9 26.5 26.2 25.8 12

13 Consumer credit 57.0 59.3 56.3 51.7 53.1 51.5 52.0 52.6 53.5 51.9 52.1 13

14 Mutual fund shares 173.1 178.0 106.2 161.9 186.6 190.2 186.6 162.9 167.5 177.3 166.6 14

15 Trade receivables 2090.5 2252.4 2084.6 2056.0 2187.4 2280.9 2383.5 2420.9 2373.3 2492.0 2572.0 15

16 Miscellaneous assets 8941.7 9890.0 9377.9 9560.4 10189.5 10186.0 10277.2 10462.5 10831.5 10957.6 11096.7 16

17 U.S. direct investment abroad (1) 2440.7 2892.9 3011.1 3219.1 3434.7 3544.1 3674.7 3752.0 3794.6 3908.0 3987.1 17

18 Insurance receivables 291.6 299.9 311.1 310.2 313.2 313.3 319.0 322.4 328.7 326.4 327.5 18

19 Equity in GSEs 0.6 0.7 0.4 0.5 0.6 0.7 0.6 0.5 0.5 0.7 0.6 19

20 Investment in finance company subs. 140.1 81.5 80.5 71.2 62.5 74.9 74.3 73.3 71.5 68.6 66.4 20

21 Other 6068.7 6615.0 5974.8 5959.4 6378.5 6253.0 6208.6 6314.2 6636.1 6653.9 6715.2 21

22 Total liabilities 11821.5 12916.0 13225.0 12898.5 13364.8 13375.3 13446.2 13600.4 13747.2 13852.0 13971.8 22

23 Credit market instruments 6263.6 7108.7 7453.5 7240.4 7478.1 7603.3 7753.8 7887.0 8018.1 8114.6 8228.2 23

24 Commercial paper 112.5 123.8 131.5 58.4 82.9 110.5 106.9 124.7 116.3 127.6 132.1 24

25 Municipal securities (2) 272.4 341.5 409.7 447.5 482.3 485.4 491.4 490.3 497.4 496.3 506.0 25

26 Corporate bonds (1) 3364.4 3675.5 3881.0 4268.6 4691.4 4792.4 4907.8 4988.3 5076.0 5193.5 5286.0 26

27 Depository institution loans n.e.c. 613.0 715.9 780.0 560.3 545.2 548.8 557.9 583.8 618.4 611.9 636.6 27

28 Other loans and advances (3) 1028.5 1316.5 1364.9 1139.1 977.9 975.2 1010.6 1030.8 1045.7 1027.6 1021.6 28

29 Mortgages 872.7 935.5 886.3 766.5 698.5 690.9 679.2 669.1 664.4 657.7 646.0 29

30 Trade payables 1812.9 1897.9 1672.8 1587.5 1750.6 1771.5 1830.3 1870.1 1928.6 1991.2 2027.7 30

31 Taxes payable 85.4 35.8 39.0 35.7 42.9 60.7 50.6 56.7 47.8 59.1 55.9 31

32 Miscellaneous liabilities 3659.6 3873.5 4059.8 4034.8 4093.2 3939.8 3811.4 3786.6 3752.6 3687.2 3660.0 32

33 Foreign direct investment in U.S. 1722.7 1961.9 2050.3 1986.4 2119.9 2149.6 2203.8 2267.1 2361.1 2389.4 2421.6 33

34 Pension fund contributions payable 42.8 47.2 47.9 50.5 49.2 49.0 49.0 49.1 49.4 49.7 50.0 34

35 Other 1894.1 1864.3 1961.6 1997.9 1924.1 1741.2 1558.6 1470.4 1342.2 1248.1 1188.4 35

 Memo:

36 Trade receivables net of payables 277.6 354.4 411.9 468.5 436.8 509.4 553.2 550.8 444.7 500.8 544.3 36

37 Market value of equities 14602.3 15730.7 10016.6 12494.7 14422.8 15459.5 15379.5 13061.8 14516.7 16117.9 15574.9 37

38 Securities and mortgages 4509.5 4952.5 5177.0 5482.6 5872.1 5968.8 6078.4 6147.7 6237.7 6347.5 6438.0 38

39 Loans and short-term paper 1754.1 2156.2 2276.5 1757.8 1606.0 1634.6 1675.4 1739.3 1780.4 1767.1 1790.2 39

40 Total short-term liabilities (4) 3652.4 4089.9 3988.2 3381.0 3399.5 3466.8 3556.3 3666.0 3756.8 3817.4 3873.8 40

41 Total liquid assets (5) 1518.5 1519.1 1385.2 1642.6 1718.0 1743.7 1755.0 1730.1 1740.5 1749.1 1727.6 41

 Analytical measures (percent)

42 Long-term debt/credit market debt 72.0 69.7 69.5 75.7 78.5 78.5 78.4 77.9 77.8 78.2 78.2 42

43 Short-term debt/credit market debt 28.0 30.3 30.5 24.3 21.5 21.5 21.6 22.1 22.2 21.8 21.8 43

44 Liquid assets/short-term liabilities 41.6 37.1 34.7 48.6 50.5 50.3 49.3 47.2 46.3 45.8 44.6 44

(1) Through 1992:Q4, corporate bonds include net issues by Netherlands Antillean financial subsidiaries, and U.S. direct investment abroad excludes net inflows from those bond issues.

(2) Industrial revenue bonds. Issued by state and local governments to finance private investment and secured in interest and principal by the industrial user of the funds.

(3) Loans from rest of the world, U.S. government, and nonbank financial institutions. Detail can be found on table L.216.

(4) Sum of lines 24, 27, 28, 30, and 31. Includes loans due in more than one year and excludes current maturities of bonds and mortgages.

(5) Sum of lines 2 through 6, lines 8 through 11, and line 14.
Z.1, September 20, 2012 71

L.103 Nonfinancial Noncorporate Business

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 3116.5 3595.9 3693.2 3592.3 3457.8 3449.2 3443.2 3441.2 3450.0 3455.7 3455.3 1

 2 Checkable deposits and currency 448.8 515.6 519.4 539.8 520.0 519.0 518.3 518.2 519.8 520.8 521.0 2

 3 Time and savings deposits 344.4 359.3 358.1 353.3 339.9 338.9 338.2 337.9 338.6 339.1 338.9 3

 4 Money market fund shares 72.2 74.3 75.4 73.7 70.9 70.7 70.6 70.5 70.7 70.7 70.7 4

 5 Credit market instruments 96.7 106.7 95.8 89.1 85.7 85.5 85.3 85.2 85.4 85.5 85.5 5

 6 Treasury securities 56.3 59.3 51.8 46.1 44.4 44.3 44.2 44.1 44.2 44.3 44.3 6

 7 Municipal securities 5.8 5.3 4.9 5.1 4.9 4.9 4.9 4.9 4.9 4.9 4.9 7

 8 Mortgages 34.6 42.1 39.1 37.9 36.5 36.4 36.3 36.2 36.3 36.4 36.4 8

 9 Consumer credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

10 Trade receivables 470.9 525.6 522.7 496.3 477.4 476.1 475.1 474.6 475.7 476.3 476.1 10

11 Miscellaneous assets 1683.5 2014.3 2121.8 2040.0 1963.8 1959.1 1955.8 1954.8 1959.8 1963.1 1963.0 11

12 Insurance receivables 103.6 107.3 111.5 112.4 112.6 113.0 115.2 116.9 119.0 118.8 119.9 12

13 Equity investment in GSEs (1) 4.3 5.0 6.4 6.3 6.7 6.7 6.8 7.0 7.0 7.1 7.0 13

14 Other 1575.6 1902.0 2003.9 1921.3 1844.6 1839.4 1833.8 1830.9 1833.8 1837.3 1836.1 14

15 Total liabilities 4763.6 5349.0 5794.6 5695.3 5513.0 5501.0 5496.9 5500.1 5519.4 5533.9 5535.0 15

16 Credit market instruments 3313.0 3774.6 4093.4 3959.0 3765.3 3749.5 3738.2 3733.0 3751.0 3757.7 3762.0 16

17 Depository institution loans n.e.c. 785.7 926.5 1046.1 929.8 859.4 863.3 878.6 894.7 911.7 939.0 959.7 17

18 Other loans and advances 151.4 165.1 177.4 172.0 174.1 175.7 172.4 170.0 174.7 176.2 177.9 18

19 Mortgages 2375.9 2683.0 2869.9 2857.2 2731.8 2710.6 2687.1 2668.3 2664.6 2642.4 2624.3 19

20 Trade payables 348.9 374.9 380.7 388.3 369.3 367.5 368.3 369.9 367.9 366.1 363.5 20

21 Taxes payable 95.7 99.5 106.2 99.9 95.1 94.7 94.5 94.4 94.6 94.8 94.8 21

22 Miscellaneous liabilities 1006.1 1100.0 1214.3 1248.1 1283.3 1289.2 1295.9 1302.9 1305.8 1315.4 1314.8 22

(1) Equity in the Farm Credit System.
72 Z.1, September 20, 2012

L.104 State and Local Governments (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 2295.4 2516.7 2426.5 2463.7 2447.9 2411.7 2376.7 2324.0 2302.2 2282.4 2261.9 1

 2 Checkable deposits and currency 61.9 57.1 65.6 84.9 91.5 90.0 95.4 94.2 107.4 104.7 102.6 2

 3 Time and savings deposits 209.6 245.9 265.1 275.9 275.5 278.8 274.4 279.9 293.5 311.3 306.1 3

 4 Money market fund shares 99.3 116.6 122.3 134.7 143.5 143.9 144.7 142.2 140.8 139.4 137.5 4

 5 Security RPs 126.5 132.8 125.0 123.9 119.0 116.4 114.1 112.2 111.0 110.0 108.4 5

 6 Credit market instruments 1437.4 1534.8 1418.3 1376.2 1359.1 1337.9 1314.3 1276.5 1248.3 1226.6 1222.7 6

 7 Open market paper 155.1 139.3 66.2 -4.1 -13.8 -12.8 -11.4 -8.5 -4.7 -0.9 2.5 7

 8 Treasury securities 551.7 588.1 551.0 581.3 587.7 575.9 560.5 539.3 525.8 515.4 519.5 8

 9 Agency- and GSE-backed securities 423.7 467.6 462.9 443.6 430.1 420.9 413.0 399.6 384.8 372.9 366.3 9

10 Municipal securities 7.9 9.5 10.1 11.4 12.3 12.4 12.5 12.3 12.1 12.0 11.8 10

11 Corporate and foreign bonds 135.0 149.1 147.9 154.7 157.0 155.7 154.8 152.1 150.6 149.1 147.0 11

12 Mortgages 164.0 181.2 180.2 189.3 185.9 185.8 184.9 181.7 179.8 178.0 175.4 12

13 Corporate equities 88.4 94.5 66.1 96.0 78.2 76.5 75.0 73.6 72.7 69.5 65.9 13

14 Mutual fund shares 34.0 38.4 38.8 41.3 37.7 37.5 37.5 36.7 36.3 30.9 27.9 14

15 Trade receivables 82.4 69.9 48.8 30.2 10.0 5.0 0.0 0.0 0.0 0.0 0.0 15

16 Taxes receivable 189.0 237.5 269.8 280.9 298.0 303.5 308.2 300.4 307.5 309.0 311.9 16

17 Miscellaneous assets -33.0 -10.9 6.6 19.4 35.4 22.1 13.2 8.3 -15.3 -19.0 -21.1 17

18 Total liabilities 3237.3 3421.3 3480.4 3631.6 3737.8 3728.0 3705.4 3704.6 3719.4 3721.5 3721.2 18

19 Credit market instruments 2720.9 2867.8 2887.8 2999.3 3065.5 3045.7 3013.0 3002.2 3006.8 2998.9 2988.6 19

20 Municipal securities 2709.7 2855.9 2875.0 2985.7 3051.1 3031.2 2998.3 2987.2 2991.6 2983.5 2972.9 20

21 Short-term (2) 34.3 51.2 55.9 63.6 63.0 60.1 37.6 48.0 52.3 51.9 43.3 21

22 Long-term 2675.4 2804.7 2819.2 2922.1 2988.1 2971.0 2960.7 2939.2 2939.3 2931.7 2929.5 22

23 U.S. government loans 11.2 11.9 12.7 13.5 14.4 14.5 14.7 15.0 15.3 15.4 15.7 23

24 Trade payables 516.4 553.5 592.7 632.3 672.3 682.3 692.4 702.4 712.5 722.6 732.7 24

(1) Data for employee retirement funds are shown in table L.117.

(2) Debt with original maturity of 13 months or less.
Z.1, September 20, 2012 73

L.105 Federal Government

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 636.6 681.2 1261.5 1343.9 1571.4 1394.9 1409.5 1336.6 1350.9 1311.2 1378.7 1

 2 U.S. official reserve assets 34.5 36.4 41.9 94.6 95.4 102.1 105.9 105.0 103.9 104.5 103.1 2

 3 Checkable deposits and currency 32.9 56.5 368.0 193.6 342.1 117.5 135.5 57.6 84.3 42.0 89.3 3

 4 Time and savings deposits 1.7 2.8 1.6 1.9 2.0 1.5 1.7 1.8 1.7 2.0 2.2 4

 5 Credit market instruments 275.2 281.1 366.4 661.8 746.9 778.2 757.0 761.6 746.2 755.1 773.8 5

 6 Agency- and GSE-backed securities 0.0 0.0 54.4 196.4 149.2 138.4 103.7 70.6 31.1 1.5 0.0 6

 7 Corporate and foreign bonds 0.0 0.0 0.0 0.6 0.9 0.9 0.9 0.8 0.8 0.8 0.8 7

 8 Other loans and advances 108.0 105.8 111.8 177.9 181.4 183.6 180.6 182.4 186.3 188.6 190.2 8

 9 Mortgages 80.3 82.4 95.8 108.4 106.6 107.8 109.3 109.3 110.6 111.7 112.2 9

10 Consumer credit (1) 86.9 93.0 104.3 178.6 308.8 347.5 362.4 398.5 417.4 452.6 470.7 10

11 Corporate equities (2) 0.0 0.0 188.7 67.4 49.9 55.1 61.1 56.7 57.5 47.7 43.4 11

12 Trade receivables 59.4 60.6 64.7 43.6 42.9 44.7 47.0 48.2 47.7 49.0 50.6 12

13 Taxes receivable 96.1 105.0 119.4 135.1 150.8 154.8 158.7 162.6 166.5 170.5 174.4 13

14 Miscellaneous assets 136.8 138.7 110.8 145.8 141.4 141.0 142.7 143.1 143.1 140.5 141.9 14

15 Total liabilities 6193.2 6537.4 7888.4 9405.9 11082.3 11344.6 11351.4 11859.3 12261.6 12652.9 12863.5 15

16 SDR allocations 7.4 7.7 7.5 55.4 54.4 56.0 56.5 55.2 54.2 54.7 53.6 16

17 SDR certificates 2.2 2.2 2.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 17

18 Treasury currency 28.1 27.4 26.6 26.2 25.9 25.9 25.9 25.9 25.9 25.9 25.9 18

19 Credit market instruments 4885.3 5122.3 6361.5 7805.4 9385.6 9645.9 9738.6 10127.6 10453.6 10851.9 11050.1 19

20 Savings bonds 202.4 196.4 194.0 191.2 187.9 186.8 186.0 185.1 185.2 184.7 184.3 20

21 Treasury bills 940.8 999.5 1861.2 1787.9 1768.9 1694.7 1529.4 1475.6 1519.5 1672.6 1594.4 21

22 Other Treasury securities 3718.6 3903.3 4283.0 5802.8 7404.7 7739.9 7998.7 8442.0 8723.7 8970.1 9246.9 22

23 Budget agency securities 23.5 23.1 23.3 23.5 24.2 24.5 24.5 25.0 25.3 24.4 24.5 23

24 Multifamily residential mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

25 Trade payables 208.9 238.2 260.8 204.6 213.3 228.1 234.3 238.1 234.7 244.8 248.9 25

26 Insurance reserves 44.2 45.4 46.4 47.5 48.4 48.5 48.9 49.2 49.7 49.8 50.2 26

27 Miscellaneous liabilities (3) 1017.2 1094.2 1183.5 1261.6 1349.4 1335.1 1242.0 1358.1 1438.3 1420.6 1429.6 27

28 Nonmarketable securities held by pension plans 918.7 952.0 1015.3 1077.2 1142.9 1128.8 1042.1 1149.3 1213.7 1197.2 1203.5 28

29 Other 98.6 142.2 168.2 184.4 206.5 206.3 199.9 208.8 224.6 223.4 226.1 29

(1) Includes loans originated by the Department of Education under the Federal Direct Loan Program, as well as Federal Family Education Loan Program loans that

 the government purchased from depository institutions and finance companies.

(2) Corporate equities purchased from financial businesses under the Troubled Asset Relief Program (TARP) and from GSEs at market price.

(3) Includes nonmarketable government securities held by the civil service retirement and disability fund, Railroad Retirement Board, judicial retirement fund, military

 retirement fund, and foreign service retirement and disability fund.
74 Z.1, September 20, 2012

L.106 Rest of the World

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 14067.7 16037.6 15239.6 15806.6 17405.5 17953.1 18189.1 18416.5 18801.8 19022.2 19100.3 1

 2 SDR allocations 7.4 7.7 7.5 55.4 54.4 56.0 56.5 55.2 54.2 54.7 53.6 2

 3 Net interbank assets 165.1 53.7 464.5 194.0 145.9 390.0 370.2 423.7 367.3 388.6 397.1 3

 4 U.S. checkable deposits and currency 311.6 306.1 370.1 361.0 390.5 410.0 429.6 448.8 471.0 487.2 498.7 4

 5 U.S. time deposits 167.4 207.6 273.1 230.0 246.9 262.6 270.2 285.6 283.6 272.6 289.4 5

 6 Money market fund shares 27.0 46.0 69.7 76.9 69.8 67.3 64.8 64.6 64.3 64.1 63.8 6

 7 Security RPs (net) 364.6 338.4 114.9 31.0 -96.1 -38.2 -53.0 -104.9 -44.9 -83.2 -117.6 7

 8 Credit market instruments 6199.7 7272.6 7504.6 7723.4 8497.0 8600.0 8666.0 8837.2 9127.4 9222.5 9247.3 8

 9 Open market paper 286.3 278.1 232.9 191.5 191.0 199.3 195.1 199.4 190.7 204.2 190.1 9

10 Treasury securities 2126.2 2376.4 3253.0 3670.6 4466.6 4577.9 4664.7 4813.7 5071.1 5200.0 5292.3 10

11 Official 1558.3 1736.7 2400.5 2879.6 3364.8 3421.0 3525.4 3553.5 3653.1 3738.1 3823.0 11

12 Private 567.9 639.8 852.5 791.0 1101.8 1156.9 1139.3 1260.2 1418.1 1461.9 1469.2 12

13 Agency- and GSE-backed securities 1263.6 1582.4 1406.9 1154.9 1084.0 1072.0 1057.1 1060.5 1079.9 1073.8 1061.2 13

14 Official 695.2 954.3 940.5 749.0 661.2 668.5 665.1 650.2 648.2 644.0 631.9 14

15 Private 568.4 628.0 466.4 405.9 422.8 403.5 392.0 410.2 431.7 429.8 429.2 15

16 Municipal securities 34.4 45.1 50.5 58.7 71.7 74.2 76.7 79.7 82.7 85.7 88.9 16

17 U.S. corporate bonds (1) 2320.5 2719.1 2354.0 2465.3 2523.3 2509.8 2487.4 2476.5 2500.5 2482.9 2444.7 17

18 Loans to U.S. corporate business 168.8 271.5 207.3 182.5 160.4 166.7 185.1 207.4 202.5 176.0 170.2 18

19 U.S. corporate equities 2448.1 2812.2 1806.6 2477.2 2962.1 3161.2 3165.2 2693.0 2973.6 3376.4 3246.9 19

20 Mutual fund shares 316.8 373.5 256.2 363.6 513.8 569.6 599.8 527.2 559.9 619.5 603.8 20

21 Trade receivables 62.8 83.6 90.1 96.7 116.3 116.2 118.3 132.3 133.5 136.9 139.0 21

22 Security credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

23 Miscellaneous assets 3997.4 4536.2 4282.3 4197.4 4505.0 4358.5 4501.4 5053.9 4811.8 4482.8 4678.4 23

24 Foreign direct investment in U.S. (2) 2154.1 2345.9 2397.4 2398.2 2597.7 2631.9 2695.7 2764.0 2908.8 2932.2 2969.7 24

25 Other 1843.3 2190.2 1884.9 1799.2 1907.3 1726.5 1805.7 2289.9 1903.0 1550.6 1708.7 25

26 Total liabilities 7322.3 8704.4 8844.2 9079.9 9807.3 9813.5 9814.1 10786.6 10080.6 9702.7 10241.9 26

27 U.S. official reserve assets (3) 54.9 59.5 66.6 119.7 121.4 128.3 132.8 131.3 129.6 129.8 128.1 27

28 U.S. private deposits 1085.0 1340.9 946.7 840.6 866.5 917.5 917.9 919.6 834.1 803.0 793.6 28

29 Credit market instruments 1882.6 2126.3 1708.8 2090.3 2225.3 2304.8 2326.8 2290.1 2276.7 2288.3 2268.7 29

30 Commercial paper 482.3 413.0 342.0 401.3 398.6 428.2 417.2 352.5 345.1 362.6 357.4 30

31 Bonds 1275.5 1587.1 1237.3 1570.3 1689.5 1727.2 1757.3 1774.6 1763.8 1745.3 1718.8 31

32 Depository institution loans n.e.c. 98.3 102.8 107.9 96.8 115.1 127.1 130.5 140.9 144.3 153.6 164.8 32

33 Official 1.9 1.9 2.6 3.2 4.3 4.2 3.2 3.1 2.6 2.5 2.2 33

34 Banks 21.9 30.2 33.0 27.9 39.7 45.7 49.1 53.0 51.0 51.6 54.4 34

35 Other 74.4 70.8 72.4 65.8 71.2 77.1 78.2 84.8 90.7 99.5 108.3 35

36 Other loans and advances 26.6 23.4 21.6 21.9 22.1 22.2 21.9 22.0 23.5 26.7 27.7 36

37 Trade payables 60.7 73.1 63.2 69.3 95.9 94.1 79.5 74.1 69.1 70.8 64.0 37

38 Security debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 38

39 Miscellaneous liabilities 4239.1 5104.6 6059.0 5959.9 6498.1 6369.0 6357.1 7371.5 6771.1 6410.8 6987.4 39

40 U.S. equity in IBRD, etc. 45.3 46.9 48.3 50.0 52.3 52.9 54.3 54.7 54.9 55.2 57.0 40

41 Nonofficial foreign currencies 0.6 24.5 554.2 10.9 0.8 0.7 1.0 1.5 100.5 47.2 28.7 41

42 U.S. direct investment abroad (1,2) 2948.2 3553.1 3748.5 4029.5 4306.8 4419.1 4560.7 4642.9 4681.6 4806.0 4894.4 42

43 Investment by holding companies 68.4 110.6 101.5 125.1 135.6 121.9 186.2 195.9 162.1 181.4 166.3 43

44 Other 1176.7 1369.5 1606.4 1744.5 2002.5 1774.4 1554.9 2476.5 1772.1 1321.0 1841.1 44

 Memo:

45 Market value of foreign equities 4329.0 5248.0 2748.4 3995.3 4646.9 4992.6 5126.0 4207.6 4158.2 4596.6 4047.6 45

 held by U.S. residents (4)

(1) Through 1992:Q4, corporate bonds include net issues by Netherlands Antillean financial subsidiaries; U.S. direct investment abroad excludes net inflows from those bond issues.

(2) Direct investment is valued on a current-cost basis.

(3) Does not include monetary gold.

(4) Includes American Depositary Receipts (ADRs).
Z.1, September 20, 2012 75

L.107 Financial Business (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 57995.0 63739.4 62341.9 64055.5 64653.8 66194.3 66632.3 64603.1 66067.0 68463.8 67846.7 1

 2 U.S. official reserve assets 31.4 34.2 35.7 36.2 37.0 37.2 37.9 37.4 36.8 36.4 36.1 2

 3 SDR certificates 2.2 2.2 2.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 3

 4 Treasury currency 38.2 38.7 38.7 42.7 43.5 43.8 44.0 44.1 44.2 44.4 44.5 4

 5 Foreign deposits 84.1 127.3 129.3 97.1 105.9 109.4 113.9 86.7 58.5 48.6 40.6 5

 6 Net interbank assets 70.1 124.4 1475.9 1126.4 1019.6 1459.0 1650.6 1647.4 1622.6 1605.7 1563.0 6

 7 Checkable deposits and currency 248.0 284.1 391.5 363.8 347.1 352.8 367.8 380.6 381.2 344.9 346.9 7

 8 Time and savings deposits 353.4 435.1 542.5 734.5 657.3 663.2 663.7 595.8 572.4 555.3 549.9 8

 9 Money market fund shares 578.0 901.0 1197.5 1018.2 848.0 820.5 804.5 747.4 798.2 752.8 724.2 9

10 Federal funds and security RPs 746.1 988.0 930.9 878.1 890.8 944.6 920.0 843.2 823.2 805.2 871.6 10

11 Credit market instruments 33485.2 36520.8 38852.4 38023.7 37152.6 37371.9 37594.4 37837.4 38257.2 38588.7 38683.3 11

12 Open market paper 1276.4 1194.5 1237.0 859.3 749.1 806.2 762.8 695.4 665.9 675.4 663.5 12

13 Treasury securities 1727.0 1835.0 2271.4 2712.8 3174.1 3500.2 3744.8 3929.5 4159.3 4279.8 4235.0 13

14 Agency- and GSE-backed securities 4364.6 4655.0 5516.0 6175.0 5796.1 5806.9 5823.7 5913.8 5988.3 6058.9 6091.3 14

15 Municipal securities 1457.5 1637.6 1689.2 1704.8 1734.2 1706.5 1701.3 1701.3 1737.1 1766.8 1789.8 15

16 Corporate and foreign bonds 5971.0 6556.7 6563.9 6743.4 6848.4 6913.0 6977.9 7052.4 7091.3 7344.2 7415.2 16

17 Depository institution loans n.e.c. 1741.0 2060.1 2750.0 2021.7 1954.3 1944.6 1972.1 2023.9 2086.8 2101.9 2148.8 17

18 Other loans and advances 1697.0 2116.1 2261.3 1711.0 1429.8 1391.1 1389.9 1368.9 1398.2 1382.1 1406.2 18

19 Mortgages 13009.8 14089.2 14175.4 13887.2 13283.1 13190.0 13102.1 13024.9 12969.5 12864.9 12795.1 19

20 Consumer credit 2241.0 2376.5 2388.3 2208.6 2183.4 2113.4 2119.8 2127.5 2160.8 2114.6 2138.3 20

21 Corporate equities 12157.7 13042.6 7819.6 10062.9 11584.0 12215.6 12179.1 10096.3 11000.3 12348.1 11650.4 21

22 Mutual fund shares 2350.2 2633.8 1694.1 2237.4 2589.8 2716.3 2732.1 2404.7 2591.0 2834.1 2763.1 22

23 Trade receivables 195.2 197.1 182.2 144.2 135.6 138.0 139.3 136.2 134.8 136.4 134.4 23

24 Security credit 594.3 660.0 385.8 422.6 520.5 554.8 566.1 576.0 559.8 613.3 632.5 24

25 Life insurance reserves 108.6 124.7 130.0 132.8 141.1 142.5 143.4 145.8 148.4 167.5 169.7 25

26 Miscellaneous assets 6952.1 7625.4 8533.5 8729.6 8575.7 8619.6 8670.2 9018.8 9033.2 9577.3 9631.3 26

27 Total liabilities 55170.3 60650.2 59474.6 60580.2 61000.7 62520.4 62933.9 61088.4 62459.4 64491.6 63872.3 27

28 Net interbank liabilities 190.3 136.3 1922.9 1325.5 1147.7 1847.7 2025.2 2081.0 1984.6 1985.6 1945.9 28

29 Checkable deposits and currency 1507.3 1532.9 2101.3 2093.4 2359.8 2193.3 2314.6 2403.7 2594.3 2520.5 2591.8 29

30 Time and savings deposits 6995.8 7606.7 7940.9 8316.3 8432.4 8553.3 8714.0 8724.0 8805.2 8914.8 8973.0 30

31 Money market fund shares 2312.1 3033.1 3757.3 3258.3 2755.3 2679.4 2637.8 2578.4 2642.5 2535.4 2467.9 31

32 Federal funds and security RPs 2137.7 2118.5 1238.2 1488.4 1272.3 1312.7 1258.2 1102.1 1140.7 1187.7 1165.1 32

33 Credit market instruments 14278.6 16224.1 17122.9 15708.5 14498.3 14434.2 14273.6 14177.7 14070.6 13999.7 13838.2 33

34 Open market paper 1363.2 1251.8 1125.8 677.6 575.9 592.5 557.5 527.2 507.8 504.2 472.6 34

35 Agency- and GSE-backed securities 6468.9 7374.6 8143.4 8083.3 7574.0 7624.3 7553.3 7560.0 7552.1 7508.5 7517.2 35

36 Corporate and foreign bonds 5440.1 6280.7 6000.3 5738.1 5334.5 5245.9 5158.5 5093.1 5021.4 5056.2 4951.8 36

37 Depository institution loans n.e.c. 213.0 293.1 789.5 424.7 373.7 360.1 406.0 414.2 399.9 362.6 299.1 37

38 Other loans and advances 641.4 867.1 900.5 617.9 473.2 442.5 424.8 408.7 413.1 389.5 412.2 38

39 Mortgages 152.1 156.7 163.5 166.9 167.1 168.9 173.5 174.5 176.2 178.8 185.4 39

40 Mutual fund shares 7068.3 7829.0 5435.3 6961.6 7934.5 8471.9 8570.5 7532.8 8000.5 8851.1 8627.0 40

41 Trade payables 48.3 45.8 21.2 70.1 18.1 18.5 19.3 16.4 14.2 17.3 13.5 41

42 Security credit 957.8 1200.9 963.6 888.2 936.6 942.3 1011.0 1128.9 1073.6 1107.8 1165.7 42

43 Life insurance reserves 1119.5 1156.1 1133.4 1194.5 1229.9 1254.3 1268.6 1271.1 1302.3 1331.6 1320.6 43

44 Pension fund reserves 12750.6 13390.7 10409.6 11915.0 13090.9 13511.3 13434.8 12453.9 13152.4 13954.6 13656.2 44

45 Taxes payable 55.9 32.4 -101.1 -95.0 -87.3 -79.5 -81.3 -85.7 -77.8 -77.4 -77.5 45

46 Miscellaneous liabilities 5748.1 6343.6 7529.1 7455.4 7412.2 7381.1 7487.6 7704.1 7756.4 8162.7 8184.8 46

 Memo:

47 Market value of corporate equities 5408.0 4602.2 2875.4 3633.2 4341.1 4648.7 4620.1 3792.2 4150.0 4818.7 4600.4 47

48 Equity in noncorporate business 9.8 11.6 9.5 12.1 13.8 15.4 15.1 13.6 13.0 18.1 18.2 48

(1) Sum of financial sectors shown on tables L.108 through L.129.
76 Z.1, September 20, 2012

L.108 Monetary Authority (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 908.2 951.3 2270.6 2267.2 2453.2 2656.8 2891.6 2876.7 2947.2 2886.7 2883.3 1

 2 U.S. official reserve assets 31.4 34.2 35.7 36.2 37.0 37.2 37.9 37.4 36.8 36.4 36.1 2

 3 SDR certificates 2.2 2.2 2.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 3

 4 Treasury currency 38.2 38.7 38.7 42.7 43.5 43.8 44.0 44.1 44.2 44.4 44.5 4

 5 Federal Reserve float (2) -0.3 -0.0 -1.5 -2.1 -1.4 -1.4 -0.9 -0.8 -0.6 -0.7 -0.7 5

 6 Interbank loans (2) 0.1 48.6 559.7 96.6 0.2 0.1 0.1 0.1 0.2 0.0 0.1 6

 7 Discount window (3) 0.1 48.6 544.0 96.6 0.2 0.1 0.1 0.1 0.2 0.0 0.1 7

 8 AMLF (4) 0.0 0.0 15.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Security RPs 40.8 46.5 80.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

10 Credit market instruments 778.9 740.6 986.0 1987.7 2259.2 2479.2 2700.4 2686.1 2635.6 2613.4 2610.9 10

11 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

12 Treasury securities 778.9 740.6 475.9 776.6 1021.5 1340.4 1619.5 1664.7 1663.4 1661.1 1659.9 12

13 Agency- and GSE-backed securities 0.0 0.0 19.7 1068.3 1139.6 1069.7 1025.6 979.2 941.7 933.3 946.5 13

14 Depository institution loans n.e.c. 0.0 0.0 490.4 142.8 98.1 69.1 55.3 42.3 30.5 19.0 4.5 14

15 Households (TALF) (5) 0.0 0.0 0.0 47.5 24.7 19.2 12.8 11.3 9.0 7.1 4.5 15

16 Rest of world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

17 Brokers and dealers (6) 0.0 0.0 45.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

18 Funding corporations (Maiden Lane) (7) 0.0 0.0 29.1 29.2 25.8 24.1 21.6 13.0 4.9 2.9 0.0 18

19 Funding corporations (AIG) 0.0 0.0 38.9 22.2 20.0 0.0 0.0 0.0 0.0 0.0 0.0 19

20 Funding corporations (Maiden Lane II) (8) 0.0 0.0 19.5 16.0 13.5 12.8 8.6 7.2 6.8 0.0 0.0 20

21 Funding corporations (Maiden Lane III)(9) 0.0 0.0 24.4 18.5 14.1 12.9 12.3 10.9 9.8 9.0 0.0 21

22 Funding corporations (CPFF) (10) 0.0 0.0 333.0 9.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

23 Corporate equities (11) 0.0 0.0 0.0 25.1 26.4 0.0 0.0 0.0 0.0 0.0 0.0 23

24 Miscellaneous assets 17.0 40.5 569.8 75.9 83.1 92.8 105.0 104.6 225.8 188.1 187.2 24

25 Nonofficial foreign currencies (12) 0.0 24.0 553.7 10.3 0.1 0.0 0.0 0.5 99.8 46.5 28.0 25

26 Other 17.0 16.5 16.1 65.6 83.0 92.8 105.0 104.1 126.0 141.6 159.3 26

27 Total liabilities 892.9 932.8 2249.6 2241.6 2426.7 2630.5 2865.1 2850.7 2920.3 2859.5 2856.0 27

28 Depository institution reserves 18.7 20.8 860.0 977.0 968.1 1407.0 1595.9 1597.5 1562.3 1549.9 1507.0 28

29 Vault cash of depository institutions 51.7 55.0 57.7 54.9 52.7 53.3 55.4 50.6 60.8 56.5 56.6 29

30 Checkable deposits and currency 774.3 792.1 1220.3 1102.7 1287.8 1078.7 1116.4 1090.8 1165.7 1122.7 1178.4 30

31 Due to federal government 5.0 16.4 365.7 191.9 340.9 116.4 135.3 56.4 85.9 43.6 91.5 31

32 Treasury cash holdings 0.3 0.3 0.3 0.2 0.2 0.2 0.1 0.1 0.1 0.2 0.1 32

33 Treasury general deposit account 4.7 16.1 106.1 186.6 140.8 111.2 130.1 56.3 85.7 43.5 91.4 33

34 Treasury temporary supplementary financing account 0.0 0.0 259.3 5.0 200.0 5.0 5.0 0.0 0.0 0.0 0.0 34

35 Due to rest of the world 0.1 0.1 1.4 2.4 3.4 0.1 0.4 2.6 0.2 0.2 1.6 35

36 Due to government-sponsored enterprises 0.8 1.7 21.1 35.1 13.5 10.2 7.3 44.8 64.6 36.9 29.9 36

37 Currency outside banks 768.5 773.9 832.2 873.3 930.0 952.0 973.5 987.0 1015.0 1042.1 1055.3 37

38 Security RPs 29.6 44.0 88.4 77.7 59.7 62.2 70.3 84.1 99.9 96.7 85.5 38

39 Miscellaneous liabilities 18.5 21.0 23.1 29.2 58.4 29.3 27.0 27.7 31.7 33.7 28.5 39

40 Federal Reserve Bank stock 15.3 18.5 21.1 25.6 26.5 26.3 26.5 26.0 26.9 27.2 27.3 40

41 Other 3.2 2.5 2.1 3.6 31.9 3.1 0.5 1.7 4.8 6.5 1.1 41

(1) Assets and liabilities of Federal Reserve Banks and Treasury monetary accounts that supply or absorb bank reserves. Excludes the accounts of the Federal Reserve Board.

(2) Shown on table L.203.

(3) Federal Reserve loans extended to domestic banks through term auction credit, primary credit, secondary credit, and seasonal credit.

(4) Federal Reserve loans extended to domestic banks through the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).

(5) Loans extended to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF).

(6) Loans extended through the Federal Reserve’s Primary Dealer Credit Facility (PDCF) and the AMLF.

(7) Loan extended by the Federal Reserve to Maiden Lane LLC to facilitate the arrangements associated with JPMorgan Chase & Co.’s acquisition of Bear Stearns Companies, Inc.

(8) Loan extended by the Federal Reserve to Maiden Lane II LLC to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of AIG subsidiaries.

(9) Loan extended by the Federal Reserve to Maiden Lane III LLC to purchase CDOs on which AIG has written credit default swap contracts.

(10) Loan extended by the Federal Reserve to Commercial Paper Funding Facility LLC.

(11) Preferred interests in AIA Aurora LLC and ALICO Holdings LLC, two limited liability companies created to hold all the outstanding common stock of American International Assurance

 Company Ltd (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG.

(12) Reciprocal currency arrangements (swap lines) with foreign central banks.
Z.1, September 20, 2012 77

L.109 Private Depository Institutions (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 11367.8 12362.1 14114.6 13425.0 13543.2 13920.2 14169.9 14565.0 14634.9 14520.5 14696.7 1

 2 Vault cash 51.7 55.0 57.7 54.9 52.7 53.3 55.4 50.6 60.8 56.5 56.6 2

 3 Reserves at Federal Reserve 18.7 20.8 860.0 977.0 968.1 1407.0 1595.9 1597.5 1562.3 1549.9 1507.0 3

 4 Credit market instruments 10112.1 10915.0 11295.5 10728.2 10913.1 10801.9 10798.9 10948.7 11108.1 11109.9 11212.8 4

 5 Open market paper 1.0 0.4 15.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Treasury securities 112.3 122.7 101.9 196.6 299.5 305.1 270.4 273.3 252.9 280.6 295.7 6

 7 Agency- and GSE-backed securities 1373.9 1258.2 1400.3 1580.0 1718.1 1766.7 1767.1 1787.5 1851.7 1929.2 1909.7 7

 8 Municipal securities 191.4 204.0 224.4 227.8 257.1 262.7 269.8 286.7 300.7 310.6 330.2 8

 9 Corporate and foreign bonds 886.9 1119.1 1078.2 932.6 787.0 762.1 763.5 808.5 794.6 757.7 754.4 9

10 Depository institution loans n.e.c. 1741.0 2060.1 2259.5 1878.9 1856.3 1875.5 1916.8 1981.5 2056.4 2082.9 2144.2 10

11 Other loans and advances 0.4 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

12 Mortgages 4732.3 5018.6 5014.2 4768.9 4583.0 4468.0 4430.6 4424.2 4436.2 4370.3 4373.8 12

13 Consumer credit 1072.8 1131.5 1201.2 1143.4 1412.0 1361.8 1380.6 1387.0 1415.6 1378.7 1404.8 13

14 Corporate equities 79.8 88.8 33.8 63.6 73.6 78.0 80.9 58.7 67.4 80.4 75.0 14

15 Mutual fund shares 26.6 31.6 21.6 47.4 46.5 48.8 46.8 38.4 43.4 48.8 49.3 15

16 Security credit 302.2 334.5 221.0 219.6 242.3 239.0 253.3 324.1 321.3 345.5 388.1 16

17 Life insurance reserves 93.4 104.3 110.7 111.5 116.0 117.3 118.4 119.3 120.8 133.8 135.0 17

18 Miscellaneous assets 683.3 812.2 1514.3 1222.7 1130.9 1174.9 1220.3 1427.7 1350.8 1195.7 1273.0 18

19 Total liabilities 10975.2 11893.5 13621.7 13222.9 13498.0 13945.0 14213.4 14640.2 14708.0 14769.5 14934.3 19

20 Net interbank liabilities 119.9 60.6 1005.2 293.6 127.0 387.4 373.9 432.9 361.5 379.2 382.3 20

21 Checkable deposits 732.9 740.8 881.0 990.7 1072.0 1114.6 1198.1 1312.9 1428.6 1397.7 1413.4 21

22 Small time and savings deposits 4945.1 5224.5 5749.3 6326.5 6624.9 6741.5 6898.8 7065.7 7202.2 7410.5 7460.4 22

23 Large time deposits 2050.8 2382.2 2191.6 1989.8 1807.5 1811.8 1815.3 1658.4 1603.0 1504.3 1512.6 23

24 Federal funds and security RPs (net) 905.7 807.1 467.5 835.8 674.9 651.2 600.9 616.3 600.1 568.2 567.6 24

25 Credit market instruments 787.6 1023.7 1030.4 743.9 968.6 930.3 910.7 891.8 892.8 863.7 868.4 25

26 Open market paper 0.5 0.5 0.0 0.0 112.9 109.2 109.0 109.9 120.6 104.3 102.1 26

27 Corporate bonds 159.9 184.8 184.8 176.3 436.8 433.5 432.7 429.4 415.8 427.2 414.4 27

28 Other loans and advances 627.2 838.4 845.6 567.6 418.9 387.7 369.0 352.5 356.4 332.2 351.9 28

29 Taxes payable (net) 28.0 12.4 -73.6 -66.2 -59.6 -54.9 -50.3 -46.9 -49.1 -52.6 -50.3 29

30 Miscellaneous liabilities 1405.3 1642.2 2370.3 2108.8 2282.8 2363.1 2466.1 2709.3 2668.8 2698.6 2780.0 30

31 Foreign direct investment in U.S. 135.4 94.2 71.7 107.7 114.8 118.7 122.4 131.3 153.1 146.6 149.2 31

32 Investment by holding companies 1142.9 1256.9 1370.5 1599.5 1632.8 1671.0 1674.2 1696.8 1711.9 1785.1 1833.1 32

33 Investment by funding corporations 197.3 241.0 276.6 203.1 171.6 188.9 173.4 140.1 137.8 154.3 128.5 33

34 Other -70.4 50.1 651.4 198.5 363.7 384.5 496.1 741.0 666.0 612.6 669.2 34

 Memo:

35 Consumer leases not included above (2) 0.0 11.2 9.5 6.9 6.2 6.1 6.1 6.2 6.0 6.0 5.9 35

(1) U.S.-chartered depository institutions (L.110), foreign banking offices (L.111), banks in U.S.-affiliated areas (L.112), and credit unions (L.113).

(2) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset.
78 Z.1, September 20, 2012

L.110 U.S.-Chartered Depository Institutions, Excluding Credit Unions

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 9784.8 10513.4 11639.0 11257.1 11290.8 11309.2 11452.8 11557.3 11706.4 11656.3 11747.6 1

 2 Vault cash 51.7 55.0 57.7 54.9 52.7 53.3 55.4 50.6 60.8 56.5 56.6 2

 3 Reserves at Federal Reserve 18.1 19.8 616.4 670.1 580.4 711.4 868.2 793.3 805.2 813.4 771.6 3

 4 Credit market instruments 8628.6 9201.0 9442.9 9131.1 9341.5 9211.3 9185.9 9299.0 9468.4 9462.8 9564.5 4

 5 Open market paper 0.0 0.0 15.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Treasury securities 74.4 80.1 56.4 124.5 217.5 216.1 183.3 191.7 173.9 187.8 212.5 6

 7 Agency- and GSE-backed securities 1217.3 1106.3 1242.5 1417.4 1527.2 1561.8 1559.6 1576.6 1634.1 1699.2 1668.3 7

 8 Residential mortgage pass-through securities 746.1 697.1 851.0 837.5 835.3 840.3 827.1 844.6 899.1 946.8 932.4 8

 9 Commercial mortgage pass-through securities 0.0 0.0 0.0 3.6 3.3 3.8 4.8 7.3 8.2 14.4 16.0 9

10 Residential CMOs and other structured MBS 179.9 174.1 193.9 264.0 393.4 417.8 450.1 472.2 473.8 482.0 460.5 10

11 Commercial CMOs and other structured MBS 0.0 0.0 0.0 4.0 3.6 4.7 5.5 9.6 13.4 25.1 31.8 11

12 Other 291.2 235.1 197.6 308.4 291.5 295.2 272.0 243.0 239.6 230.9 227.6 12

13 Municipal securities 190.1 202.0 221.9 224.3 254.6 259.9 267.3 283.8 297.3 307.2 327.4 13

14 Corporate and foreign bonds 563.4 714.6 650.5 667.1 548.9 532.0 525.1 544.6 551.8 532.3 528.9 14

15 Priv. residential mortgage pass-through securities 43.7 54.7 29.0 16.2 6.5 12.9 6.8 5.8 3.5 3.1 18.8 15

16 Priv. commercial mortgage pass-through securities 0.0 0.0 0.0 17.8 11.4 9.1 9.2 9.3 8.9 9.3 9.2 16

17 Priv. residential CMOs and other structured MBS 224.6 328.9 285.6 202.9 132.3 123.8 116.8 113.7 110.4 97.4 93.8 17

18 Priv. commercial CMOs and other structured MBS 0.0 0.0 0.0 26.0 24.7 20.1 20.0 24.9 27.4 27.3 29.9 18

19 Other 295.1 330.9 335.9 404.1 374.0 366.1 372.3 390.9 401.8 395.2 377.2 19

20 Depository institution loans n.e.c. 1331.1 1544.6 1675.8 1419.6 1412.9 1415.5 1445.0 1501.0 1569.2 1596.2 1666.5 20

21 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

22 Mortgages 4415.7 4658.6 4615.2 4371.9 4194.9 4082.5 4045.9 4038.2 4049.6 3984.5 3986.4 22

23 Consumer credit 836.7 894.9 965.0 906.3 1185.5 1143.6 1159.8 1163.1 1192.6 1155.7 1174.5 23

24 Corporate equities 79.8 88.8 33.8 63.6 73.6 78.0 80.9 58.7 67.4 80.4 75.0 24

25 Mutual fund shares 24.5 29.6 19.6 46.1 45.0 47.1 45.0 36.6 41.7 46.7 47.3 25

26 Security credit 116.5 145.9 158.6 158.0 152.3 152.1 163.2 186.9 189.6 190.8 209.8 26

27 Life insurance reserves 93.4 104.3 110.7 111.5 116.0 117.3 118.4 119.3 120.8 133.8 135.0 27

28 Miscellaneous assets 772.0 869.1 1199.2 1021.7 929.3 938.7 935.8 1012.8 952.6 871.8 887.9 28

29 Total liabilities 9446.4 10106.2 11212.0 11110.9 11304.0 11389.4 11554.7 11691.3 11839.0 11965.8 12047.2 29

30 Net interbank liabilities 397.2 527.5 1238.0 697.2 480.9 480.7 410.3 323.4 233.7 281.3 224.3 30

31 Federal Reserve float -0.3 -0.0 -1.5 -2.1 -1.4 -1.4 -0.9 -0.8 -0.6 -0.7 -0.7 31

32 Borrowing from Federal Reserve banks 0.1 48.6 559.7 96.6 0.2 0.1 0.1 0.1 0.2 0.0 0.1 32

33 To domestic banks -22.9 0.6 35.4 52.4 20.8 34.7 51.2 66.8 61.4 69.6 63.6 33

34 To foreign banks 420.3 478.3 644.4 550.3 461.3 447.3 359.9 257.3 172.8 212.4 161.3 34

35 Checkable deposits 637.1 639.6 777.5 871.6 941.1 978.0 1059.7 1154.6 1260.5 1219.8 1229.6 35

36 Federal government 28.0 42.9 3.5 3.8 3.6 3.6 3.7 3.0 1.0 1.3 1.2 36

37 Rest of the world 26.8 31.7 62.9 34.3 30.4 42.0 45.2 50.2 54.7 53.0 54.2 37

38 Private domestic 582.3 564.9 711.1 833.5 907.0 932.4 1010.8 1101.4 1204.8 1165.4 1174.1 38

39 Small time and savings deposits 4418.3 4664.0 5144.6 5617.0 5888.6 5980.1 6130.7 6293.3 6425.7 6598.7 6638.9 39

40 Large time deposits 1326.0 1378.2 1309.2 979.4 849.1 824.2 819.4 802.1 813.9 743.4 777.6 40

41 Federal funds and security RPs (net) 670.9 583.4 335.3 665.6 451.7 426.8 407.0 361.6 342.6 301.3 285.2 41

42 Credit market instruments 768.3 990.9 989.8 717.4 942.4 906.6 887.9 868.0 868.7 840.8 844.7 42

43 Open market paper 0.0 0.0 0.0 0.0 112.9 109.2 109.0 109.9 120.6 104.3 102.1 43

44 Corporate bonds 159.9 184.8 184.8 176.3 436.8 433.5 432.7 429.4 415.8 427.2 414.4 44

45 Other loans and advances 608.3 806.1 805.0 541.1 392.8 364.0 346.1 328.7 332.3 309.3 328.2 45

46 Taxes payable (net) 28.0 12.4 -73.6 -66.2 -59.6 -54.9 -50.3 -46.9 -49.1 -52.6 -50.3 46

47 Miscellaneous liabilities 1200.6 1310.2 1491.2 1628.9 1809.8 1847.9 1890.0 1935.2 1943.0 2033.2 2097.2 47

48 Investment by holding companies 1142.9 1256.9 1370.5 1599.5 1632.8 1671.0 1674.2 1696.8 1711.9 1785.1 1833.1 48

49 Other 57.7 53.3 120.6 29.4 177.0 176.9 215.8 238.4 231.1 248.1 264.2 49

 Memo:

50 Consumer leases not included above (1) 0.0 11.2 9.5 6.9 6.2 6.1 6.1 6.2 6.0 6.0 5.9 50

(1) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset.
Z.1, September 20, 2012 79

L.111 Foreign Banking Offices in U.S. (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 828.2 1048.0 1624.8 1267.5 1336.7 1668.0 1793.1 2078.8 1999.0 1909.6 1976.7 1

 2 Reserves at Federal Reserve 0.6 1.0 239.0 284.1 350.8 640.8 677.5 762.5 711.0 679.1 687.8 2

 3 Credit market instruments 761.6 963.3 1063.8 777.9 747.1 757.6 773.4 804.4 784.9 775.5 760.4 3

 4 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Treasury securities 26.8 30.4 35.5 57.5 60.9 66.1 63.6 58.1 60.5 71.6 61.0 5

 6 Agency- and GSE-backed securities 55.1 57.1 50.6 31.3 26.5 31.4 30.6 32.2 30.6 29.0 32.3 6

 7 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Corporate and foreign bonds 292.5 369.5 401.6 244.9 233.9 220.6 229.5 255.7 234.5 216.4 216.6 8

 9 Depository institution loans n.e.c. 361.8 466.8 531.9 406.5 390.4 405.7 416.7 424.7 426.6 427.2 419.3 9

10 Other loans and advances 0.4 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

11 Mortgages 24.9 39.0 44.2 37.8 35.4 33.8 33.0 33.7 32.8 31.2 31.2 11

12 Corporate equities 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0 12

13 Security credit 185.6 188.6 62.3 61.6 90.1 86.9 90.1 137.2 131.7 154.7 178.3 13

14 Miscellaneous assets -119.6 -104.9 259.7 143.9 148.7 182.6 252.0 374.8 371.4 300.2 350.3 14

15 Total liabilities 844.6 1067.5 1639.6 1283.7 1354.1 1688.9 1813.6 2100.8 2020.9 1932.5 1999.9 15

16 Net interbank liabilities -213.0 -404.1 -163.7 -322.5 -274.4 -16.7 42.4 203.8 222.4 202.7 261.8 16

17 To foreign banks -255.3 -424.6 -179.9 -356.2 -315.4 -57.4 10.4 166.3 194.5 176.2 235.8 17

18 To domestic banks 42.2 20.5 16.2 33.7 41.0 40.6 32.1 37.4 27.9 26.5 26.0 18

19 Checkable deposits 9.3 11.8 13.5 16.1 21.9 20.7 23.2 38.2 45.6 44.3 48.7 19

20 Small time and savings deposits 18.6 25.5 25.6 29.9 35.7 42.6 47.4 50.9 48.9 57.9 62.3 20

21 Large time deposits 634.5 907.9 784.7 958.6 909.0 937.1 945.4 804.6 736.6 706.8 679.5 21

22 Federal funds and security RPs (net) 239.9 226.3 130.0 170.3 223.2 224.4 212.7 265.6 273.4 287.8 295.3 22

23 Open market paper (2) 0.5 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

24 Miscellaneous liabilities 154.8 299.6 849.4 431.3 438.7 480.7 542.4 737.6 694.0 633.0 652.3 24

25 Foreign direct investment in U.S. 135.4 94.2 71.7 107.7 114.8 118.7 122.4 131.3 153.1 146.6 149.2 25

26 Investment by funding corporations 197.3 241.0 276.6 203.1 171.6 188.9 173.4 140.1 137.8 154.3 128.5 26

27 Other -177.9 -35.6 501.1 120.5 152.4 173.1 246.5 466.2 403.1 332.2 374.6 27

(1) Branches and agencies of foreign banks, Edge Act and Agreement corporations, New York investment companies (through 1996:Q2), and American Express Bank (through 2008:Q4).

(2) Bankers’ acceptances.
80 Z.1, September 20, 2012

L.112 Banks in U.S.-Affiliated Areas (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 105.2 104.9 102.0 94.7 79.9 78.5 77.1 80.4 75.8 75.7 78.5 1

 2 Credit market instruments 99.3 92.8 90.9 88.1 68.9 67.6 65.2 63.7 64.0 63.9 62.7 2

 3 Treasury securities 3.7 1.8 1.2 0.5 1.1 1.1 1.6 0.9 1.0 0.9 1.3 3

 4 Agency- and GSE-backed securities 29.0 26.3 24.4 20.5 12.8 6.9 6.0 5.4 4.8 5.1 4.8 4

 5 Municipal securities 1.3 2.0 2.5 3.5 2.5 2.8 2.5 2.8 3.4 3.4 2.8 5

 6 Corporate and foreign bonds 0.4 0.5 0.5 2.0 0.6 5.9 5.2 4.5 4.2 4.3 4.1 6

 7 Depository institution loans n.e.c. 25.6 21.4 19.7 19.4 16.1 16.0 16.0 16.6 17.1 17.2 17.3 7

 8 Home mortgages 17.2 21.5 22.9 22.6 20.1 18.8 18.2 17.9 17.8 17.5 17.3 8

 9 Commercial mortgages 22.0 19.3 19.7 19.6 15.7 16.1 15.7 15.4 15.6 15.4 15.1 9

10 Miscellaneous assets 5.9 12.1 11.1 6.5 11.0 10.9 11.9 16.7 11.8 11.8 15.8 10

11 Total liabilities 102.1 94.4 91.0 90.0 75.2 74.7 73.6 76.5 72.1 71.7 74.7 11

12 Net interbank liabilities -2.9 -2.6 -3.2 -4.2 -3.3 -4.1 -4.4 -4.9 -4.6 -4.4 -4.6 12

13 Checkable deposits 14.0 15.7 14.6 16.1 16.6 17.1 18.1 18.0 19.4 19.5 22.3 13

14 Small time and savings deposits 25.2 26.3 27.4 24.5 19.3 19.4 19.2 19.2 18.9 18.7 19.6 14

15 Large time deposits 25.2 26.3 27.4 24.5 19.3 19.4 19.2 19.2 18.9 18.7 19.6 15

16 Miscellaneous liabilities 40.7 28.8 24.9 29.2 23.3 22.9 21.6 25.0 19.4 19.1 17.9 16

(1) Commercial banks and branches of U.S.-chartered depository institutions located in Puerto Rico, the U.S. Virgin Islands, American Samoa, Guam, and other U.S.-affiliated insular areas.

L.113 Credit Unions

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

 1 Total financial assets 649.6 695.8 748.8 805.7 835.8 864.6 846.9 848.5 853.7 879.0 893.9 1

 2 Reserves at Federal Reserve 0.0 0.0 4.7 22.8 36.9 54.7 50.2 41.8 46.1 57.4 47.6 2

 3 Credit market instruments 622.6 657.9 697.8 731.0 755.6 765.4 774.3 781.6 790.8 807.7 825.3 3

 4 Open market paper 1.0 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Treasury securities 7.4 10.4 8.8 14.2 20.0 21.8 21.9 22.5 17.5 20.4 20.9 5

 6 Agency- and GSE-backed securities 72.5 68.4 82.9 110.8 151.6 166.6 170.9 173.4 182.2 195.8 204.3 6

 7 Corporate and foreign bonds 30.6 34.6 25.7 18.6 3.7 3.7 3.8 3.6 4.1 4.7 4.8 7

 8 Depository institution loans n.e.c. 22.5 27.3 32.1 33.4 36.9 38.3 39.2 39.2 43.5 42.2 41.1 8

 9 Home mortgages 252.5 280.2 312.2 316.9 317.0 316.8 317.8 318.9 320.5 321.6 323.8 9

10 Consumer credit 236.1 236.6 236.2 237.1 226.5 218.1 220.9 223.9 223.0 223.0 230.3 10

11 Mutual fund shares 2.1 2.1 2.0 1.3 1.5 1.7 1.8 1.8 1.8 2.0 2.0 11

12 Miscellaneous assets 24.9 35.9 44.3 50.6 41.9 42.8 20.5 23.4 15.0 11.8 19.0 12

13 Total liabilities 582.2 625.4 679.0 738.3 764.7 792.1 771.5 771.7 776.0 799.5 812.5 13

14 Net interbank liabilities -61.4 -60.3 -65.9 -76.9 -76.2 -72.5 -74.5 -89.4 -90.1 -100.3 -99.3 14

15 Shares/deposits 620.6 652.3 697.4 769.4 803.8 829.3 829.8 836.8 845.3 884.6 888.4 15

16 Checkable 72.6 73.7 75.3 86.9 92.4 98.7 97.1 102.1 103.1 114.1 112.8 16

17 Small time and savings 483.0 508.7 551.7 655.1 681.3 699.4 701.4 702.3 708.7 735.2 739.6 17

18 Large time 65.0 69.9 70.4 27.3 30.1 31.2 31.3 32.4 33.5 35.3 35.9 18

19 Federal funds and security RPs (net) -5.1 -2.5 2.3 -0.1 -0.0 0.0 -18.8 -10.9 -15.9 -20.9 -12.9 19

20 Other loans and advances 18.9 32.3 40.6 26.5 26.1 23.7 22.8 23.7 24.2 22.9 23.7 20

21 Miscellaneous liabilities 9.2 3.6 4.7 19.4 11.0 11.6 12.2 11.5 12.4 13.2 12.6 21
Z.1, September 20, 2012 81

L.114 Property-Casualty Insurance Companies

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 1335.8 1385.8 1305.5 1377.1 1373.7 1383.3 1379.3 1354.8 1391.6 1408.7 1408.1 1

 2 Checkable deposits and currency 29.9 42.7 27.9 27.6 32.6 33.8 35.6 25.7 24.1 29.1 29.3 2

 3 Money market fund shares 13.5 20.7 32.8 29.6 25.6 27.7 26.1 23.6 24.6 21.1 21.2 3

 4 Security RPs 1.9 3.6 4.4 4.5 3.8 3.5 2.3 2.0 1.8 0.0 0.0 4

 5 Credit market instruments 864.1 869.3 853.4 886.7 890.6 895.2 890.3 890.6 918.1 910.4 910.3 5

 6 Open market paper 16.4 13.3 19.1 9.8 7.9 8.5 8.0 5.3 5.5 4.7 4.7 6

 7 Treasury securities 110.0 71.3 65.6 88.5 91.7 93.3 91.9 90.7 93.6 91.0 89.3 7

 8 Agency- and GSE-backed securities 122.0 125.8 114.3 116.2 115.8 116.8 116.9 118.1 122.2 121.5 121.7 8

 9 Municipal securities 335.2 371.3 381.9 369.4 348.4 342.3 333.7 328.3 331.0 329.1 329.6 9

10 Corporate and foreign bonds 277.0 282.9 267.5 298.3 322.6 330.2 335.4 343.7 361.0 358.9 359.5 10

11 Commercial mortgages 3.5 4.8 5.0 4.4 4.1 4.1 4.3 4.6 4.9 5.2 5.4 11

12 Corporate equities 227.0 236.2 193.3 219.8 219.2 222.7 220.2 203.4 224.4 248.9 244.4 12

13 Mutual fund shares 6.9 6.8 4.4 5.3 5.7 5.8 5.8 5.2 5.5 5.7 5.5 13

14 Trade receivables 87.0 85.4 86.7 83.0 83.8 84.4 88.2 88.7 87.2 91.1 92.0 14

15 Miscellaneous assets 105.5 121.1 102.6 120.6 112.3 110.1 110.7 115.7 105.9 102.3 105.4 15

16 Total liabilities 826.3 818.6 792.3 804.3 823.1 825.3 831.8 831.8 855.2 881.9 882.5 16

17 Security RPs 1.2 0.5 2.4 0.6 1.5 0.6 0.6 0.5 0.4 0.5 0.5 17

18 Taxes payable (net) 9.4 7.0 -21.1 -15.8 -10.1 -7.9 -13.1 -19.4 -14.5 -8.0 -13.2 18

19 Miscellaneous liabilities 815.7 811.1 811.0 819.5 831.8 832.6 844.3 850.7 869.4 889.5 895.2 19

L.115 Life Insurance Companies

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

 1 Total financial assets 4685.3 4949.7 4515.5 4823.9 5176.3 5276.4 5320.1 5232.5 5340.0 5502.2 5437.9 1

 2 Checkable deposits and currency 56.1 58.3 82.8 50.7 51.7 47.0 48.2 57.8 53.7 52.9 56.1 2

 3 Money market fund shares 23.3 21.6 39.2 33.7 21.0 19.7 17.9 17.0 28.8 26.4 31.0 3

 4 Security RPs 2.6 2.7 8.0 10.2 10.9 9.7 8.8 10.8 10.1 9.2 9.3 4

 5 Credit market instruments 2786.4 2871.2 2882.8 3022.6 3174.2 3211.1 3237.3 3284.3 3297.9 3322.4 3288.0 5

 6 Open market paper 28.7 41.7 38.3 49.8 40.9 40.1 38.7 43.3 29.7 29.0 31.8 6

 7 Treasury securities 87.9 70.6 105.7 133.5 156.6 158.2 158.7 162.6 167.1 169.5 169.7 7

 8 Agency- and GSE-backed securities 377.4 382.9 366.2 371.9 376.0 376.8 375.9 376.1 374.7 364.8 353.0 8

 9 Municipal securities 36.6 41.4 47.1 73.1 112.3 115.0 117.1 119.6 121.6 122.6 120.7 9

10 Corporate and foreign bonds 1819.5 1862.6 1817.0 1927.2 2030.2 2063.1 2081.8 2107.4 2123.6 2153.3 2124.8 10

11 Other loans and advances 132.6 145.8 166.1 140.9 140.7 139.7 142.4 146.5 148.6 146.6 147.4 11

12 Mortgages 303.8 326.2 342.4 326.1 317.5 318.2 322.8 328.6 332.5 336.7 340.5 12

13 Corporate equities 1364.8 1464.6 1001.7 1208.5 1402.6 1490.0 1496.1 1322.2 1390.2 1501.0 1446.7 13

14 Mutual fund shares 148.8 188.4 121.0 140.8 155.7 158.7 158.5 142.9 150.1 159.1 153.2 14

15 Miscellaneous assets 303.3 342.9 380.1 357.6 360.3 340.1 353.3 397.6 409.3 431.2 453.6 15

16 Total liabilities 4412.0 4661.7 4266.5 4532.5 4850.8 4957.6 4985.0 4897.3 5001.3 5156.5 5085.2 16

17 Security RPs 21.2 20.2 12.9 12.4 10.3 9.5 10.0 9.7 10.4 10.8 11.7 17

18 Other loans and advances 14.2 28.7 54.9 48.3 45.1 45.5 46.2 46.4 46.8 48.5 52.4 18

19 Life insurance reserves 1119.5 1156.1 1133.4 1194.5 1229.9 1254.3 1268.6 1271.1 1302.3 1331.6 1320.6 19

20 Pension fund reserves (1) 2332.4 2450.8 2184.6 2323.0 2504.7 2589.1 2611.0 2519.6 2556.6 2633.6 2579.1 20

21 Taxes payable (net) -1.3 -4.7 -24.4 -31.4 -28.8 -27.9 -29.1 -30.3 -23.6 -27.3 -23.9 21

22 Miscellaneous liabilities 925.9 1010.6 905.0 985.6 1089.7 1087.0 1078.3 1080.9 1108.8 1159.3 1145.2 22

(1) Annuity reserves held by life insurance companies, excluding unallocated contracts held by private pension funds, which are included in miscellaneous liabilities (line 22).
82 Z.1, September 20, 2012

L.116 Private Pension Funds (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 6082.8 6410.6 4552.7 5471.0 6100.1 6331.2 6329.7 5698.2 6081.6 6560.9 6391.1 1

 2 Checkable deposits and currency 11.2 11.8 12.3 16.4 20.9 19.9 20.8 21.2 22.0 21.2 21.7 2

 3 Time and savings deposits 63.1 67.7 67.9 72.7 72.8 72.8 73.3 73.0 73.3 73.3 73.0 3

 4 Money market fund shares 90.1 93.5 95.7 96.4 96.3 96.2 96.2 96.1 96.1 96.1 96.1 4

 5 Security RPs 22.4 25.8 33.1 36.2 36.1 36.4 31.9 32.3 31.9 35.1 34.9 5

 6 Credit market instruments 758.3 860.8 951.4 1063.0 1122.4 1130.9 1138.2 1161.3 1171.4 1172.0 1165.2 6

 7 Open market paper 31.7 26.9 37.2 26.7 18.2 19.3 18.7 18.1 16.7 17.5 17.7 7

 8 Treasury securities 130.8 169.5 184.9 310.7 391.0 399.0 405.6 424.5 436.2 448.1 453.6 8

 9 Agency- and GSE-backed securities 268.6 296.8 318.1 269.1 257.6 258.8 259.9 263.1 262.6 252.4 241.8 9

10 Corporate and foreign bonds 317.6 357.4 400.1 442.9 440.1 438.8 439.2 441.4 440.9 439.2 437.4 10

11 Mortgages 9.5 10.2 11.1 13.6 15.5 15.0 14.8 14.2 15.0 14.8 14.7 11

12 Corporate equities 2724.8 2673.3 1599.7 1835.7 2081.1 2185.3 2164.7 1815.5 2005.1 2245.6 2148.1 12

13 Mutual fund shares 1880.4 2110.6 1366.0 1817.3 2121.1 2230.7 2250.6 1995.1 2144.6 2344.7 2291.3 13

14 Miscellaneous assets 532.5 567.1 426.5 533.3 549.4 559.0 554.0 503.8 537.3 573.0 561.0 14

15 Unallocated insurance contracts (2) 387.9 431.3 317.6 412.8 457.5 471.6 471.0 420.9 451.3 487.3 472.1 15

16 Contributions receivable 42.8 47.2 47.9 50.5 49.2 49.0 49.0 49.1 49.4 49.7 50.0 16

17 Other 101.8 88.6 61.0 70.0 42.8 38.4 34.1 33.8 36.6 35.9 38.9 17

18 Pension fund reserves (liabilities) (3) 6120.5 6444.8 4588.0 5507.4 6136.6 6367.7 6366.3 5734.7 6118.2 6597.5 6427.6 18

 Memo:

 Total financial assets (4)

19 Defined benefit plans 2529.5 2596.0 1853.5 2104.7 2264.3 2322.7 2309.7 2102.9 2206.4 2341.3 2281.4 19

20 Defined contibution plans 3553.3 3814.5 2699.2 3366.3 3835.7 4008.5 4020.0 3595.3 3875.2 4219.7 4109.7 20

(1) Private defined benefit plans and defined contribution plans (including 401(k) type plans).

(2) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.

(3) Equal to the value of nonfinancial and financial assets. These liabilities are assets of the household sector.

(4) Additional detail on defined benefit plans and defined contribution plans is available on L.116.b and L.116.c.
Z.1, September 20, 2012 83

L.117 State and Local Government Employee Retirement Funds

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 3089.8 3198.8 2324.5 2673.7 2931.5 3034.2 3013.2 2661.1 2849.1 3081.5 2993.0 1

 2 Checkable deposits and currency 13.1 17.9 17.8 17.7 17.3 18.1 17.9 18.6 18.4 18.6 18.7 2

 3 Time and savings deposits 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.7 0.8 0.8 3

 4 Money market fund shares 13.8 12.4 14.3 14.3 13.9 14.7 14.5 15.0 14.8 15.0 15.1 4

 5 Security RPs 24.1 21.7 23.5 23.5 22.8 24.0 23.7 24.6 24.3 24.6 24.8 5

 6 Credit market instruments 808.0 820.3 833.5 824.7 816.5 825.0 820.5 835.6 834.8 843.0 847.4 6

 7 Open market paper 42.8 38.4 25.9 24.0 22.4 23.5 23.2 24.1 23.8 24.1 24.3 7

 8 Treasury securities 156.2 141.6 146.4 174.5 185.6 187.9 186.9 189.0 188.9 189.3 189.6 8

 9 Agency- and GSE-backed securities 307.8 331.1 337.5 306.9 285.2 288.7 287.2 290.4 290.3 290.9 291.4 9

10 Municipal securities 3.3 2.4 1.4 1.5 1.6 1.6 1.6 1.5 1.5 6.4 8.4 10

11 Corporate and foreign bonds 283.4 297.0 312.9 308.6 312.4 314.1 312.4 321.2 320.9 323.0 324.5 11

12 Mortgages 14.4 9.7 9.4 9.3 9.4 9.2 9.2 9.3 9.3 9.3 9.3 12

13 Corporate equities 1926.1 2013.7 1237.9 1549.8 1782.5 1861.9 1848.2 1525.4 1690.6 1885.3 1803.7 13

14 Mutual fund shares 287.5 296.4 181.1 226.7 260.8 272.4 270.4 223.2 247.3 275.8 263.9 14

15 Miscellaneous assets 16.3 15.7 15.7 16.2 17.0 17.3 17.3 18.0 18.1 18.4 18.6 15

16 Pension fund reserves (liabilities) (1) 3156.6 3297.9 2414.7 2759.8 3024.0 3131.3 3116.3 2771.4 2967.9 3210.0 3132.4 16

(1) Equal to the value of nonfinancial and financial assets. These liabilities are assets of the household sector.

L.118 Federal Government Retirement Funds (1)

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

 1 Total financial assets 1141.1 1197.1 1222.3 1324.9 1425.5 1423.1 1341.2 1428.2 1509.7 1513.4 1517.1 1

 2 Credit market instruments 86.8 99.4 123.3 130.8 141.6 145.3 149.6 157.9 161.6 163.0 167.2 2

 3 Treasury securities 76.4 87.7 112.4 119.8 129.8 133.5 136.9 144.5 147.7 148.4 151.6 3

 4 Agency- and GSE-backed securities 5.6 5.4 5.2 5.2 5.8 5.7 6.0 6.2 6.5 7.0 7.6 4

 5 Corporate and foreign bonds 4.8 6.3 5.8 5.8 5.9 6.2 6.7 7.2 7.4 7.6 8.0 5

 6 Corporate equities 135.6 145.8 83.7 116.9 141.0 149.0 149.5 121.0 134.4 153.2 146.4 6

 7 Miscellaneous assets (2) 918.7 952.0 1015.3 1077.2 1142.9 1128.8 1042.1 1149.3 1213.7 1197.2 1203.5 7

 8 Pension fund reserves (liabilities) (3) 1141.1 1197.1 1222.3 1324.9 1425.5 1423.1 1341.2 1428.2 1509.7 1513.4 1517.1 8

(1) Includes the Thrift Savings Plan, the National Railroad Retirement Investment Trust, and nonmarketable government securities held by federal government retirement funds.

(2) Includes nonmarketable government securities held by the civil service retirement and disability fund, Railroad Retirement Board, judicial retirement fund, military

 retirement fund, and foreign service retirement and disability fund.

(3) Liabilities of the sector are assets of the household sector.
84 Z.1, September 20, 2012

L.119 Money Market Mutual Funds (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 2312.1 3033.1 3757.3 3258.3 2755.3 2679.4 2637.8 2578.4 2642.5 2535.4 2467.9 1

 2 Foreign deposits 84.1 127.3 129.3 97.1 105.9 109.4 113.9 86.7 58.5 48.6 40.6 2

 3 Checkable deposits and currency 6.7 1.9 7.5 17.9 14.2 13.3 20.1 18.8 19.1 3.2 6.0 3

 4 Time and savings deposits 206.7 270.6 355.2 573.2 468.0 467.3 460.1 397.8 380.1 360.3 355.2 4

 5 Security RPs 394.6 605.9 542.4 479.9 479.4 437.5 454.5 479.7 484.0 491.4 508.4 5

 6 Credit market instruments 1560.8 1936.4 2675.0 2031.0 1621.0 1582.4 1521.0 1527.2 1628.2 1569.7 1493.9 6

 7 Open market paper 608.3 674.6 618.5 510.5 394.2 395.5 359.4 349.5 355.1 355.5 326.5 7

 8 Treasury securities 82.7 178.1 577.7 406.4 335.4 337.5 341.3 373.5 443.3 473.8 444.6 8

 9 Agency- and GSE-backed securities 131.4 235.9 756.2 543.0 402.8 373.4 359.8 384.1 403.7 327.3 334.6 9

10 Municipal securities 370.3 471.0 494.6 401.3 334.4 321.0 306.1 292.0 296.5 286.8 271.8 10

11 Corporate and foreign bonds 368.3 376.8 228.0 169.9 154.2 154.9 154.4 128.1 129.6 126.3 116.5 11

12 Miscellaneous assets 59.2 90.9 47.9 59.1 66.9 69.5 68.1 68.3 72.7 62.3 63.8 12

13 Total shares outstanding (liabilities) 2312.1 3033.1 3757.3 3258.3 2755.3 2679.4 2637.8 2578.4 2642.5 2535.4 2467.9 13

(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance sector (table L.115).

L.120 Mutual Funds (1)

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

 1 Total financial assets 7068.3 7829.0 5435.3 6961.6 7934.5 8471.9 8570.5 7532.8 8000.5 8851.1 8627.0 1

 2 Security RPs 132.8 132.2 124.7 153.3 137.5 218.5 221.8 126.7 108.7 137.2 155.0 2

 3 Credit market instruments 1932.0 2203.1 2276.4 2657.2 3031.4 3160.9 3267.8 3317.9 3458.9 3666.3 3821.8 3

 4 Open market paper 114.5 114.1 51.6 80.2 66.3 144.0 147.2 55.7 40.0 66.6 82.8 4

 5 Treasury securities 160.7 179.2 187.9 255.5 297.4 298.2 306.4 341.1 379.7 403.0 415.2 5

 6 Agency- and GSE-backed securities 499.1 565.4 592.7 639.1 791.1 793.4 819.1 878.3 937.4 989.6 1027.9 6

 7 Municipal securities 344.4 372.2 389.6 480.2 526.6 515.1 520.1 526.9 542.6 564.0 584.8 7

 8 Corporate and foreign bonds 767.0 889.9 959.9 1126.8 1275.4 1323.5 1375.3 1420.7 1465.8 1549.0 1617.8 8

 9 Other loans and advances 46.3 82.4 94.8 75.4 74.6 86.7 99.7 95.3 93.5 94.2 93.3 9

10 Corporate equities 4989.6 5476.9 3014.1 4136.2 4762.7 5087.0 5067.4 4073.8 4427.2 5029.3 4632.0 10

11 Miscellaneous assets 14.0 16.8 20.0 14.9 2.9 5.5 13.4 14.4 5.7 18.2 18.3 11

12 Total shares outstanding (liabilities) 7068.3 7829.0 5435.3 6961.6 7934.5 8471.9 8570.5 7532.8 8000.5 8851.1 8627.0 12

(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance sector (table L.115).

L.121 Closed-End and Exchange-Traded Funds

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

 Closed-end funds

 1 Total financial assets 293.3 315.8 202.4 228.9 243.1 248.5 249.9 238.9 241.0 245.1 245.0 1

 2 Credit market instruments 171.8 170.9 130.3 140.9 145.9 147.6 148.5 143.3 144.7 147.4 148.8 2

 3 Treasury securities 7.4 5.6 3.2 4.4 5.1 5.3 5.2 4.9 4.8 5.1 5.0 3

 4 Municipal securities 89.4 91.3 77.9 81.1 81.3 80.4 81.8 79.8 82.2 82.7 83.3 4

 5 Corporate and foreign bonds 75.1 74.0 49.2 55.4 59.5 61.9 61.5 58.6 57.6 59.6 60.5 5

 6 Corporate equities 121.5 144.9 72.2 87.9 97.2 100.9 101.4 95.5 96.3 97.7 96.2 6

 7 Total shares outstanding (liabilities) 293.3 315.8 202.4 228.9 243.1 248.5 249.9 238.9 241.0 245.1 245.0 7

 Exchange-traded funds

 8 Total financial assets 422.8 607.8 531.1 773.1 986.8 1049.2 1070.6 947.1 1042.6 1185.4 1157.9 8

 9 Credit market instruments 20.7 34.1 57.1 103.0 132.7 140.1 151.1 164.1 178.8 195.1 213.5 9

10 Treasury securities 13.1 19.7 27.1 41.8 51.0 52.8 56.7 61.1 62.4 62.0 67.3 10

11 Municipal securities 0.0 0.6 2.3 5.9 7.6 7.5 7.7 7.8 8.6 9.7 10.5 11

12 Corporate and foreign bonds 7.6 13.8 27.7 55.4 74.1 79.9 86.6 95.1 107.7 123.4 135.7 12

13 Corporate equities 402.0 573.7 474.0 670.0 854.1 909.1 919.5 783.0 863.8 990.4 944.5 13

14 Total shares outstanding (liabilities) 422.8 607.8 531.1 773.1 986.8 1049.2 1070.6 947.1 1042.6 1185.4 1157.9 14
Z.1, September 20, 2012 85

L.122 Government-Sponsored Enterprises (GSEs) (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 2872.9 3174.3 3407.9 3047.3 6721.1 6687.1 6562.0 6520.1 6479.8 6406.5 6351.4 1

 2 Checkable deposits and currency 16.4 13.7 88.3 99.4 63.4 70.4 62.3 63.7 72.7 42.5 52.9 2

 3 Time and savings deposits 33.9 46.6 68.5 25.7 26.1 23.7 23.1 11.7 13.4 11.1 9.8 3

 4 Federal funds and security RPs (net) 117.4 142.7 114.5 122.1 150.0 156.3 115.1 114.3 111.9 107.2 138.7 4

 5 Credit market instruments 2590.5 2829.5 3037.5 2699.7 6333.1 6327.9 6252.4 6176.5 6133.4 6095.8 6014.0 5

 6 Open market paper 32.4 27.7 6.8 9.7 9.9 9.5 9.3 9.2 6.5 5.2 5.7 6

 7 Treasury securities 14.2 15.5 16.8 21.9 55.2 58.5 63.3 68.5 75.4 78.8 57.9 7

 8 Agency- and GSE-backed securities 714.0 702.9 910.0 924.5 377.0 373.9 368.2 368.1 358.9 347.7 342.4 8

 9 Municipal securities 36.1 33.3 31.3 29.1 24.9 23.8 22.9 22.0 21.0 20.2 19.4 9

10 Corporate and foreign bonds 481.7 464.4 386.6 310.8 293.9 284.7 270.0 264.3 260.5 253.9 227.1 10

11 Other loans and advances 704.9 942.6 980.7 695.9 551.3 522.8 500.2 479.8 487.0 467.3 491.3 11

12 Sallie Mae 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

13 Farm Credit System 63.5 75.5 80.3 80.0 87.3 89.6 85.1 81.0 83.8 86.6 87.0 13

14 FHLB 641.4 867.1 900.5 615.9 464.0 433.2 415.1 398.9 403.3 380.7 404.3 14

15 Mortgages 607.2 643.1 705.3 707.7 5021.0 5054.6 5018.4 4964.6 4924.0 4922.8 4870.2 15

16 Home 457.6 447.9 456.6 445.3 4699.3 4732.3 4696.7 4640.2 4595.9 4591.6 4539.0 16

17 Consolidated trusts (2) 0.0 0.0 0.0 0.0 4141.0 4170.5 4146.4 4085.3 4032.1 4033.8 3998.2 17

18 Other 457.6 447.9 456.6 445.3 558.3 561.9 550.3 555.0 563.8 557.9 540.8 18

19 Multifamily residential 105.4 147.7 190.2 204.4 256.5 256.1 254.6 256.4 259.2 261.3 260.4 19

20 Consolidated trusts (2) 0.0 0.0 0.0 0.0 75.4 81.4 87.3 92.6 99.9 106.2 111.3 20

21 Other 105.4 147.7 190.2 204.4 181.1 174.7 167.3 163.7 159.4 155.1 149.1 21

22 Farm 44.2 47.6 58.5 58.0 65.2 66.2 67.1 68.0 68.9 69.8 70.8 22

23 Consumer credit (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

24 Miscellaneous assets 114.7 141.7 99.1 100.3 148.6 108.8 109.2 154.0 148.5 150.1 135.9 24

25 Total liabilities 2781.2 3081.3 3390.2 2977.0 6589.1 6577.8 6455.0 6413.5 6377.9 6310.6 6268.7 25

26 Credit market instruments 2627.8 2910.2 3181.9 2706.6 6434.5 6437.3 6317.3 6282.7 6247.3 6178.6 6139.8 26

27 GSE issues (4) 2627.8 2910.2 3181.9 2706.6 6434.5 6437.3 6317.3 6282.7 6247.3 6178.6 6139.8 27

28 Consolidated trusts (2) 0.0 0.0 0.0 0.0 4216.4 4251.8 4233.7 4177.9 4132.0 4140.0 4109.6 28

29 Other 2627.8 2910.2 3181.9 2706.6 2218.1 2185.5 2083.6 2104.8 2115.4 2038.6 2030.3 29

30 U.S. government loans 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

31 Miscellaneous liabilities 153.4 171.1 208.2 270.4 154.6 140.5 137.7 130.7 130.6 132.0 128.8 31

(1) Federal Home Loan Banks, Fannie Mae, Freddie Mac, Farmer Mac, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation. The Student Loan Marketing Association

 (Sallie Mae) was included until it was fully privatized in 2004:Q4. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools (table L.123) are consolidated on Fannie Mae’s and

 Freddie Mac’s balance sheets.

(2) Consolidated trusts refers to the unpaid balance of securitized mortgages Fannie Mae and Freddie Mac moved on to their balance sheets at the beginning of 2010 in response to new accounting rules.

(3) Sallie Mae student loans.

(4) Such issues are classified as agency- and GSE-backed securities.

L.123 Agency- and GSE-Backed Mortgage Pools (1)

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

 1 Total financial assets 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 1377.3 1

 2 Home mortgages 3749.1 4371.8 4864.0 5266.5 1068.8 1112.5 1155.7 1194.5 1216.8 1237.2 1276.2 2

 3 Multifamily residential mortgages 88.8 88.1 92.8 105.7 66.9 71.3 77.1 81.1 86.4 91.1 99.1 3

 4 Commercial mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Farm mortgages 3.2 4.5 4.7 4.5 3.8 3.2 3.2 1.7 1.7 1.6 2.0 5

 6 Total pool securities (liabilities)(2) 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 1377.3 6

(1) GNMA, Fannie Mae, Freddie Mac, Farmer Mac, and Farmers Home Administration pools. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools are consolidated on Fannie

 Mae’s and Freddie Mac’s balance sheets (table L.122). Also includes agency- and GSE-backed mortgage pool securities which are used as collateral for agency- and GSE-backed CMOs and privately

 issued CMOs. Excludes Federal Financing Bank holdings of pool securities, which are included with federal government mortgages and other loans and advances.

(2) Such issues are classified as agency- and GSE-backed securities.
86 Z.1, September 20, 2012

L.124 Issuers of Asset-Backed Securities (ABS)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 4176.3 4531.3 4120.6 3305.8 2243.3 2162.4 2110.1 2044.3 1996.2 1922.1 1856.0 1

 2 Treasury securities 61.1 85.8 72.2 53.9 40.1 35.9 36.3 31.4 29.2 25.9 24.8 2

 3 Agency- and GSE-backed securities (1) 350.1 361.7 337.8 110.5 12.9 16.9 15.0 13.5 12.9 1.5 1.4 3

 4 Other loans and advances 253.4 341.9 379.8 252.2 167.8 144.3 161.7 156.3 162.4 166.9 168.9 4

 5 Mortgages (2) 2767.2 2957.3 2602.4 2234.7 1907.6 1854.2 1792.7 1741.8 1689.2 1628.5 1562.6 5

 6 Home 2153.0 2199.7 1884.5 1564.0 1290.6 1236.0 1187.0 1142.7 1097.9 1053.2 1007.2 6

 7 Multifamily residential 102.5 124.0 113.2 107.4 98.7 98.0 95.4 93.5 91.1 88.1 83.3 7

 8 Commercial 511.7 633.6 604.7 563.3 518.3 520.2 510.3 505.6 500.2 487.2 472.1 8

 9 Consumer credit 636.3 673.0 632.9 593.3 63.0 57.5 53.3 53.8 55.0 54.0 55.9 9

10 Trade credit 108.3 111.7 95.5 61.3 51.8 53.6 51.1 47.5 47.6 45.3 42.4 10

11 Total liabilities 4179.9 4534.4 4123.3 3308.2 2243.3 2162.4 2110.1 2044.3 1996.2 1922.1 1856.0 11

12 Commercial paper 837.4 643.1 559.3 293.1 120.2 128.3 116.2 108.5 96.0 97.7 85.2 12

13 Corporate bonds (net) (3) 3342.6 3891.3 3564.1 3015.1 2123.1 2034.1 1993.9 1935.7 1900.2 1824.4 1770.9 13

 Memo:

 Securitized assets not included above

14 Consumer leases (4) 3.6 3.1 2.7 2.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

15 REIT assets (5) 110.0 92.1 45.4 20.1 20.5 21.2 20.9 19.5 17.4 17.7 12.6 15

 Securitized liabilities not included above

16 Commercial paper (6) 0.0 0.0 0.0 0.0 112.9 109.2 109.0 109.9 120.6 104.3 102.1 16

(1) Agency- and GSE-backed mortgage pool securities backing privately issued CMOs.

(2) Mortgages backing privately issued pool securities and privately issued CMOs.

(3) Liabilities net of assets.

(4) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset.

(5) Included in table L.126.

(6) Included in table L.110 line 43.

L.125 Finance Companies (1)

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

 1 Total financial assets 1891.3 1911.2 1851.7 1662.5 1632.5 1615.3 1594.5 1619.9 1613.4 1597.3 1556.4 1

 2 Checkable deposits and currency 15.8 16.2 16.5 17.0 26.6 29.1 30.8 32.8 30.9 30.3 27.9 2

 3 Time and savings deposits 47.4 48.6 49.4 51.0 79.8 87.2 92.4 98.3 92.6 90.8 83.7 3

 4 Credit market instruments 1809.2 1816.3 1734.4 1516.7 1443.9 1422.0 1395.0 1389.0 1396.9 1384.0 1372.8 4

 5 Corporate and foreign bonds 184.8 189.4 192.4 198.6 84.3 84.6 86.4 88.8 85.1 85.2 87.2 5

 6 Other loans and advances 498.0 523.0 539.9 448.9 407.7 406.3 394.7 395.4 410.0 410.2 410.4 6

 7 Mortgages 594.4 531.9 447.9 397.4 243.6 236.9 228.0 218.0 211.5 206.7 197.6 7

 8 Consumer credit 531.9 572.1 554.3 471.9 708.4 694.2 685.9 686.8 690.2 681.9 677.7 8

 9 Miscellaneous assets 18.9 30.1 51.5 77.8 82.2 77.0 76.3 99.8 93.1 92.2 72.1 9

10 Total liabilities 1876.8 1949.6 1880.5 1630.3 1593.3 1571.7 1547.2 1575.9 1566.8 1549.3 1506.7 10

11 Credit market instruments 1144.2 1279.6 1200.3 1044.1 1268.8 1268.2 1253.1 1276.6 1274.8 1263.6 1247.7 11

12 Open market paper 165.3 123.5 100.9 62.1 98.8 114.4 108.7 111.8 121.0 122.8 122.5 12

13 Corporate bonds 849.7 974.1 924.5 837.5 1078.4 1060.0 1054.9 1066.5 1051.7 1043.2 1021.6 13

14 Depository institution loans n.e.c. 129.2 182.0 174.9 144.5 91.5 93.8 89.4 98.3 102.1 97.5 103.5 14

15 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

16 Taxes payable 17.0 15.5 15.4 12.7 7.7 7.0 6.8 7.2 7.3 7.6 7.1 16

17 Miscellaneous liabilities 715.7 654.4 664.8 573.6 316.8 296.4 287.3 292.1 284.7 278.1 252.0 17

18 Foreign direct investment in U.S. 51.1 68.6 78.1 90.0 103.1 105.4 108.2 108.2 116.4 117.5 117.6 18

19 Investment by parent 338.5 321.4 313.0 280.5 180.8 177.4 175.9 173.7 169.4 162.5 157.2 19

20 Other 326.0 264.4 273.7 203.1 33.0 13.7 3.1 10.2 -1.1 -1.9 -22.8 20

 Memo:

21 Consumer leases not included above (2) 106.0 122.9 111.1 85.4 111.8 112.8 113.5 115.1 119.7 124.2 129.9 21

(1) Includes retail captive finance companies and mortgage companies.

(2) See footnote (4), table L.124.
Z.1, September 20, 2012 87

L.126 Real Estate Investment Trusts (REITs)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 344.5 318.5 250.6 241.2 283.0 346.6 374.8 399.4 401.3 468.0 491.4 1

 2 Checkable deposits and currency 18.4 16.6 18.4 26.3 23.5 29.0 23.7 26.9 25.6 29.8 29.1 2

 3 Credit market instruments 266.4 246.5 177.6 168.9 206.0 258.0 288.4 308.5 308.9 365.9 388.6 3

 4 Agency- and GSE-backed securities 65.4 88.9 89.6 105.1 143.3 190.7 216.9 239.1 244.7 299.4 317.3 4

 5 Corporate and foreign bonds 64.6 34.4 11.7 15.5 20.8 24.6 26.2 27.1 22.1 25.6 27.6 5

 6 Mortgages 136.3 123.1 76.3 48.3 41.9 42.7 45.3 42.3 42.1 40.9 43.7 6

 7 Home 104.2 80.7 34.3 12.6 8.9 9.0 9.0 8.1 8.1 8.6 11.7 7

 8 Multifamily residential 5.0 5.2 4.3 2.3 1.9 1.8 1.8 1.8 1.7 1.7 1.7 8

 9 Commercial 27.1 37.3 37.7 33.4 31.2 31.9 34.5 32.4 32.3 30.6 30.3 9

10 Miscellaneous assets 59.7 55.4 54.6 46.1 53.5 59.6 62.8 64.1 66.8 72.4 73.7 10

11 Total liabilities 571.8 580.5 511.6 458.8 501.7 557.4 589.8 620.2 633.2 698.7 722.6 11

12 Security RPs 97.9 91.7 79.4 90.4 120.5 160.9 187.1 210.9 215.4 258.7 279.0 12

13 Credit market instruments 411.0 421.2 367.4 317.4 315.2 326.4 330.6 334.1 343.4 350.1 364.1 13

14 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

15 Corporate bonds 230.6 231.3 171.0 129.8 129.7 141.3 141.5 139.2 145.1 152.6 158.8 15

16 Depository institution loans n.e.c. 28.4 33.2 32.8 20.7 18.5 16.2 15.6 20.4 22.1 18.6 20.0 16

17 Mortgages 152.1 156.7 163.5 166.9 167.1 168.9 173.5 174.5 176.2 178.8 185.4 17

18 Miscellaneous liabilities 63.0 67.6 64.9 51.1 66.0 70.1 72.1 75.3 74.4 90.0 79.5 18

 Memo:

19 Securitized assets included above 110.0 92.1 45.4 20.1 20.5 21.2 20.9 19.5 17.4 17.7 12.6 19

20 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

21 Home mortgages 92.7 72.4 31.8 6.1 7.2 7.3 7.4 6.4 6.5 7.1 7.2 21

22 Multifamily residential mortgages 0.4 0.4 0.4 0.4 0.4 0.4 0.3 0.3 0.3 0.3 0.3 22

23 Commercial mortgages 17.0 19.3 13.2 13.7 13.0 13.5 13.1 12.8 10.7 10.3 5.1 23
88 Z.1, September 20, 2012

L.127 Security Brokers and Dealers

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 2741.7 3092.0 2217.2 2084.2 2075.1 2101.8 2128.3 1980.6 1953.5 2063.8 2052.9 1

 2 Checkable deposits and currency 80.5 105.0 120.1 90.7 96.9 92.1 108.4 115.3 114.8 117.4 105.2 2

 3 Credit market instruments 583.4 803.1 717.4 525.3 557.5 556.8 549.6 511.2 567.2 610.7 600.5 3

 4 Open market paper 64.3 87.1 65.7 41.5 36.2 39.6 42.2 40.4 42.1 43.7 34.7 4

 5 Treasury securities -67.0 -60.0 190.6 123.0 94.5 78.5 56.6 79.3 187.8 203.8 201.2 5

 6 Agency- and GSE-backed securities 138.0 290.2 242.6 110.9 149.8 153.2 174.7 166.8 147.7 148.7 169.8 6

 7 Municipal securities 50.9 50.1 38.7 35.4 40.0 37.0 40.6 36.6 31.5 34.7 31.2 7

 8 Corporate and foreign bonds 355.5 382.8 123.8 154.4 189.5 202.5 187.5 133.8 103.7 149.3 135.5 8

 9 Other loans and advances 41.7 52.8 55.9 60.1 47.4 45.9 48.0 54.4 54.3 30.6 28.1 9

10 Corporate equities 186.4 224.8 109.2 124.2 117.2 131.7 131.3 97.8 100.9 116.3 113.5 10

11 Security credit 292.1 325.5 164.8 203.0 278.2 315.7 312.8 251.9 238.5 267.7 244.5 11

12 Miscellaneous assets 1599.4 1633.7 1105.7 1141.0 1025.3 1005.5 1026.2 1004.5 932.0 951.8 989.3 12

13 Total liabilities 2669.1 3019.4 2158.1 1977.7 1975.8 1999.8 2029.3 1891.6 1873.8 1978.0 1968.1 13

14 Security RPs (net) 1071.8 1147.3 586.9 470.9 404.7 427.1 387.9 179.5 213.3 251.7 219.9 14

15 Credit market instruments 68.8 64.8 142.6 92.9 129.7 128.2 110.1 99.2 91.8 98.0 102.1 15

16 Corporate bonds 68.8 64.8 97.1 92.9 129.7 128.2 110.1 99.2 91.8 98.0 102.1 16

17 Depository institution loans n.e.c. (1) 0.0 0.0 45.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

18 Trade payables 48.3 45.8 21.2 70.1 18.1 18.5 19.3 16.4 14.2 17.3 13.5 18

19 Security credit 957.8 1200.9 963.6 888.2 936.6 942.3 1011.0 1128.9 1073.6 1107.8 1165.7 19

20 Customer credit balances (HH) 655.7 866.4 742.7 668.6 694.3 703.3 757.7 804.9 752.3 762.3 777.7 20

21 From U.S.-chartered depository institutions 116.5 145.9 158.6 158.0 152.3 152.1 163.2 186.9 189.6 190.8 209.8 21

22 From foreign banking offices in U.S. 185.6 188.6 62.3 61.6 90.1 86.9 90.1 137.2 131.7 154.7 178.3 22

23 Taxes payable 2.8 2.2 2.5 5.7 3.6 4.2 4.3 3.7 2.1 3.0 2.8 23

24 Miscellaneous liabilities 519.5 558.4 441.4 450.0 483.1 479.4 496.6 463.9 478.8 500.2 464.0 24

25 Foreign direct investment in U.S. 61.0 62.6 72.1 64.4 88.5 90.4 94.6 99.0 98.1 100.3 101.5 25

26 Investment by funding corporations 551.0 567.5 672.1 1119.3 1122.6 1151.5 1133.7 1135.0 1161.3 1349.4 1312.0 26

27 Other -92.5 -71.7 -302.8 -733.7 -728.1 -762.5 -731.8 -770.1 -780.6 -949.5 -949.5 27

(1) Loans extended through the Federal Reserve’s Primary Dealer Credit Facility (PDCF) and the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).
Z.1, September 20, 2012 89

L.128 Holding Companies (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 1937.9 2141.3 2430.3 3317.2 3312.7 3376.4 3416.3 3419.3 3357.3 4094.8 4041.8 1

 2 Time and savings deposits 1.6 0.8 0.7 11.2 10.0 11.5 14.0 14.3 12.4 19.1 27.5 2

 3 Federal funds and security RPs 9.5 6.9 0.3 48.2 50.3 58.7 61.7 52.7 50.5 0.3 0.3 3

 4 Credit market instruments 36.0 59.1 73.0 75.8 97.9 105.7 105.3 110.5 101.1 223.0 183.5 4

 5 Treasury securities 2.5 7.1 3.1 5.8 19.6 16.1 9.0 20.4 26.8 39.6 9.6 5

 6 Agency- and GSE-backed securities 11.2 9.9 25.8 24.3 21.1 22.2 31.5 43.2 33.1 45.7 26.3 6

 7 Corporate and foreign bonds 16.7 35.9 35.8 31.1 38.3 40.5 40.6 22.0 18.3 84.6 94.3 7

 8 Other loans and advances 5.6 6.3 8.2 14.6 18.9 26.9 24.2 24.8 22.9 53.1 53.3 8

 9 Life insurance reserves 15.2 20.5 19.3 21.4 25.1 25.1 25.0 26.5 27.6 33.7 34.8 9

10 Miscellaneous assets 1875.8 2054.0 2337.0 3160.6 3129.4 3175.4 3210.2 3215.3 3165.9 3818.8 3795.7 10

11 Net transactions with depository subsidiaries 1142.9 1256.9 1370.5 1599.5 1632.8 1671.0 1674.2 1696.8 1711.9 1785.1 1833.1 11

12 Net transactions with property-casualty insurance company subsidiaries 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27.1 29.6 12

13 Net transactions with life insurance company subsidiaries 38.3 43.7 31.2 40.5 62.7 64.5 67.4 74.6 72.0 159.5 166.5 13

14 Net transactions with finance company subsidiaries 198.5 239.9 232.6 209.3 118.3 102.5 101.7 100.4 97.9 93.9 90.9 14

15 Net transactions with broker and dealer subsidiaries 114.5 57.0 155.2 596.1 623.2 645.3 606.0 593.3 611.5 798.0 760.3 15

16 Net transactions with foreign subsidiaries 68.4 110.6 101.5 125.1 135.6 121.9 186.2 195.9 162.1 181.4 166.3 16

17 Other 313.2 345.9 446.0 590.3 556.7 570.3 574.8 554.4 510.4 773.7 749.1 17

18 Total liabilities 863.4 1046.6 1231.5 1802.2 1760.0 1789.1 1802.7 1771.5 1703.1 2037.7 1948.4 18

19 Federal funds and security RPs 10.3 7.7 0.7 0.6 0.8 1.1 1.3 1.2 1.2 1.1 1.1 19

20 Credit market instruments 558.7 710.6 807.9 1253.7 1237.2 1258.1 1269.7 1248.8 1220.8 1303.9 1213.9 20

21 Commercial paper 81.7 116.7 77.7 60.8 64.7 73.6 76.9 71.7 75.9 87.2 87.0 21

22 Corporate bonds 421.5 516.0 638.9 1028.7 982.2 984.4 934.3 912.7 890.6 982.3 951.2 22

23 Depository institution loans n.e.c. 55.4 77.9 91.3 164.2 190.3 200.1 258.4 264.4 254.3 234.5 175.7 23

24 Miscellaneous liabilities 294.4 328.3 422.9 548.0 522.0 529.8 531.6 521.5 481.1 732.6 733.5 24

(1) Parent only bank holding companies and savings and loan holding companies that file the Federal Reserve Board form FR Y-9LP, FR Y-9SP, or FR 2320.
90 Z.1, September 20, 2012

L.129 Funding Corporations (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total financial assets 1482.0 1865.3 2870.3 2436.1 2323.4 2243.6 2236.5 2228.5 2279.9 2290.1 2294.3 1

 2 Money market fund shares 437.3 752.8 1015.5 844.3 691.3 662.2 649.9 595.8 633.9 594.2 560.9 2

 3 Security RPs 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 3

 4 Credit market instruments 410.8 361.0 1061.3 840.3 934.7 886.0 885.3 950.8 958.3 990.1 1053.2 4

 5 Open market paper 336.4 170.2 358.2 107.1 153.1 126.3 116.0 149.9 146.4 129.2 135.3 5

 6 Corporate and foreign bonds 60.4 170.0 667.3 710.2 760.1 741.5 750.4 784.5 792.4 847.7 904.3 6

 7 Other loans and advances 14.1 20.8 35.9 22.9 21.4 18.3 19.0 16.4 19.4 13.2 13.5 7

 8 Corporate equities (2) 0.0 0.0 0.0 25.1 26.4 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Miscellaneous assets 633.9 751.5 793.5 726.3 671.0 695.2 701.2 681.8 687.6 705.7 680.1 9

10 Investment in foreign banking offices 197.3 241.0 276.6 203.1 171.6 188.9 173.4 140.1 137.8 154.3 128.5 10

11 Investment in brokers and dealers 436.5 510.5 516.9 523.2 499.4 506.3 527.7 541.7 549.8 551.4 551.6 11

12 Total liabilities 1482.0 1865.3 2870.3 2436.1 2323.4 2243.6 2236.5 2228.5 2279.9 2290.1 2294.3 12

13 Credit market instruments 645.3 786.4 1252.8 816.8 716.4 690.8 689.9 676.5 651.8 641.3 616.3 13

14 Open market paper 278.3 367.9 388.0 261.7 179.3 167.0 146.6 125.3 94.3 92.2 75.8 14

15 Corporate bonds 367.0 418.5 419.9 457.8 454.6 464.5 491.1 510.4 526.2 528.4 532.7 15

16 Depository institution loans n.e.c. (3) 0.0 0.0 444.9 95.3 73.4 49.9 42.5 31.0 21.5 11.9 0.0 16

17 Other loans and advances (4) 0.0 0.0 0.0 2.0 9.2 9.3 9.7 9.8 9.8 8.8 7.9 17

18 Miscellaneous liabilities 836.7 1078.9 1617.5 1619.3 1607.0 1552.8 1546.6 1551.9 1628.1 1648.8 1678.0 18

19 Foreign direct investment in U.S. 9.0 9.6 10.2 10.8 11.4 11.6 11.7 11.9 12.0 12.2 12.3 19

20 Securities loaned (net) 1242.3 1240.2 887.0 856.8 733.4 709.6 727.8 727.0 658.4 651.5 706.5 20

21 Equity interest under PPIP 0.0 0.0 0.0 1.8 7.7 7.8 8.3 8.7 8.8 8.8 8.7 21

22 Other (net) -414.6 -170.9 720.3 749.9 854.6 823.9 798.8 804.4 948.9 976.3 950.4 22

(1) Funding subsidiaries, custodial accounts for reinvested collateral of securities lending operations, Federal Reserve lending facilities,

 and funds associated with the Public-Private Investment Program (PPIP).

(2) Common stock of American International Assurance Company Ltd. (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG.

(3) Loans extended by the Federal Reserve to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, Commercial Paper Funding Facility LLC, and American International Group (AIG).

(4) Loans extended by the federal government to the Term Asset-Backed Securities Loan Facility (TALF) and to funds associated with PPIP.
Z.1, September 20, 2012 91

L.200 U.S. Official Reserve Assets and SDR Allocations (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total liabilities 62.2 67.3 74.2 175.1 175.8 184.3 189.3 186.4 183.8 184.5 181.7 1

 2 Federal government: SDR allocations 7.4 7.7 7.5 55.4 54.4 56.0 56.5 55.2 54.2 54.7 53.6 2

 3 Rest of the world 54.9 59.5 66.6 119.7 121.4 128.3 132.8 131.3 129.6 129.8 128.1 3

 4 SDR holdings 8.9 9.5 9.3 57.8 56.8 56.5 57.2 55.9 55.0 55.5 54.3 4

 5 Reserve position in IMF (net) 5.0 4.2 7.7 11.4 12.5 19.3 21.7 22.7 22.8 23.2 23.2 5

 6 Foreign currency holdings 40.9 45.8 49.6 50.5 52.1 52.4 53.8 52.8 51.9 51.1 50.5 6

 7 Total assets 73.3 78.3 85.2 186.1 186.8 195.3 200.4 197.5 194.9 195.5 192.7 7

 8 Federal government 34.5 36.4 41.9 94.6 95.4 102.1 105.9 105.0 103.9 104.5 103.1 8

 9 Monetary gold (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

10 SDR holdings 8.9 9.5 9.3 57.8 56.8 56.5 57.2 55.9 55.0 55.5 54.3 10

11 Reserve position in IMF (net) 5.2 4.4 7.8 11.5 12.6 19.5 21.9 22.8 23.0 23.5 23.5 11

12 Foreign currency holdings 20.5 22.5 24.8 25.2 26.0 26.1 26.8 26.3 25.8 25.5 25.2 12

13 Rest of the world: SDR allocations 7.4 7.7 7.5 55.4 54.4 56.0 56.5 55.2 54.2 54.7 53.6 13

14 Monetary authority 31.4 34.2 35.7 36.2 37.0 37.2 37.9 37.4 36.8 36.4 36.1 14

15 Monetary gold (2) 11.0 11.0 11.0 11.0 11.0 11.0 11.0 11.0 11.0 11.0 11.0 15

16 Reserve position in IMF (net) -0.1 -0.1 -0.1 -0.1 -0.1 -0.2 -0.2 -0.1 -0.3 -0.3 -0.3 16

17 Foreign currency holdings 20.5 23.3 24.8 25.3 26.1 26.3 27.0 26.5 26.0 25.6 25.3 17

18 Discrepancy: monetary gold -11.0 -11.0 -11.0 -11.0 -11.0 -11.0 -11.0 -11.0 -11.0 -11.0 -11.0 18

(1) Includes federal government liability to IMF for special drawing rights (SDRs) allocations and accrued interest.

(2) By international accounting standards, monetary gold is a financial asset for which there is no corresponding liability.

L.201 Special Drawing Rights (SDRs) Certificates and Treasury Currency

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

 SDR certificates:

 1 Liab: Federal government 2.2 2.2 2.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 1

 2 Asset: Monetary authority 2.2 2.2 2.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 2

 Treasury currency:

 3 Liab: Federal government 28.1 27.4 26.6 26.2 25.9 25.9 25.9 25.9 25.9 25.9 25.9 3

 4 Asset: Monetary authority 38.2 38.7 38.7 42.7 43.5 43.8 44.0 44.1 44.2 44.4 44.5 4

 5 Discrepancy (seigniorage) -10.1 -11.3 -12.1 -16.5 -17.6 -17.9 -18.0 -18.2 -18.3 -18.5 -18.6 5

L.202 U.S. Deposits in Foreign Countries

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

 1 Total rest of the world liability 1085.0 1340.9 946.7 840.6 866.5 917.5 917.9 919.6 834.1 803.0 793.6 1

 Held by:

 2 Household sector 65.2 80.5 56.9 50.5 52.1 55.1 55.1 55.2 50.1 48.3 47.7 2

 3 Nonfinancial corporate business 49.3 50.3 24.7 31.5 41.1 48.2 41.4 37.7 34.0 21.4 21.0 3

 4 Money market mutual funds 84.1 127.3 129.3 97.1 105.9 109.4 113.9 86.7 58.5 48.6 40.6 4

 5 Discrepancy--unallocated assets 886.3 1082.9 735.8 661.5 667.5 704.8 707.5 739.9 691.4 684.8 684.3 5
92 Z.1, September 20, 2012

L.203 Net Interbank Transactions

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total liabilities 190.3 136.3 1922.9 1325.5 1147.7 1847.7 2025.2 2081.0 1984.6 1985.6 1945.9 1

 2 Monetary authority 70.4 75.8 917.7 1031.9 1020.8 1460.3 1651.4 1648.1 1623.1 1606.4 1563.6 2

 3 U.S.-chartered depository institutions 397.2 527.5 1238.0 697.2 480.9 480.7 410.3 323.4 233.7 281.3 224.3 3

 4 Foreign banking offices in U.S. -213.0 -404.1 -163.7 -322.5 -274.4 -16.7 42.4 203.8 222.4 202.7 261.8 4

 5 Banks in U.S.-affiliated areas -2.9 -2.6 -3.2 -4.2 -3.3 -4.1 -4.4 -4.9 -4.6 -4.4 -4.6 5

 6 Credit unions -61.4 -60.3 -65.9 -76.9 -76.2 -72.5 -74.5 -89.4 -90.1 -100.3 -99.3 6

 7 Total assets 235.2 178.1 1940.4 1320.5 1165.5 1848.9 2020.8 2071.1 1989.9 1994.3 1960.1 7

 8 Rest of the world 165.1 53.7 464.5 194.0 145.9 390.0 370.2 423.7 367.3 388.6 397.1 8

 9 Monetary authority -0.3 48.6 558.2 94.5 -1.2 -1.3 -0.8 -0.7 -0.4 -0.7 -0.6 9

10 U.S.-chartered depository institutions 69.8 74.8 674.1 725.0 633.1 764.7 923.6 843.9 866.0 869.9 828.2 10

11 Foreign banking offices in U.S. 0.6 1.0 239.0 284.1 350.8 640.8 677.5 762.5 711.0 679.1 687.8 11

12 Credit unions 0.0 0.0 4.7 22.8 36.9 54.7 50.2 41.8 46.1 57.4 47.6 12

13 Discrepancy -45.0 -41.8 -17.5 5.1 -17.7 -1.3 4.4 9.9 -5.3 -8.7 -14.2 13

 Memo:

 Vault cash:

14 Liab.: Monetary authority 51.7 55.0 57.7 54.9 52.7 53.3 55.4 50.6 60.8 56.5 56.6 14

15 Asset: U.S.-chartered depository institutions 51.7 55.0 57.7 54.9 52.7 53.3 55.4 50.6 60.8 56.5 56.6 15

 Depository institution reserves:

16 Liab.: Monetary authority 18.7 20.8 860.0 977.0 968.1 1407.0 1595.9 1597.5 1562.3 1549.9 1507.0 16

17 Asset: U.S.-chartered depository institutions 18.1 19.8 616.4 670.1 580.4 711.4 868.2 793.3 805.2 813.4 771.6 17

18 Foreign banking offices in U.S. 0.6 1.0 239.0 284.1 350.8 640.8 677.5 762.5 711.0 679.1 687.8 18

19 Credit unions 0.0 0.0 4.7 22.8 36.9 54.7 50.2 41.8 46.1 57.4 47.6 19

 Other transactions with the monetary authority

20 Liab: U.S.-chartered depository institutions -0.3 48.6 558.2 94.5 -1.2 -1.3 -0.8 -0.7 -0.4 -0.7 -0.6 20

21 Asset: Monetary authority -0.3 48.6 558.2 94.5 -1.2 -1.3 -0.8 -0.7 -0.4 -0.7 -0.6 21

22 Federal Reserve float -0.3 -0.0 -1.5 -2.1 -1.4 -1.4 -0.9 -0.8 -0.6 -0.7 -0.7 22

23 Loans to member banks 0.1 48.6 559.7 96.6 0.2 0.1 0.1 0.1 0.2 0.0 0.1 23

 Transactions with banks in foreign countries (net):

24 Liab.: U.S.-chartered depository institutions (net) 432.3 496.2 668.8 559.6 476.2 462.2 374.5 272.6 186.2 222.8 172.2 24

25 Due to foreign affiliates 586.4 650.7 782.2 760.8 783.5 772.8 657.5 657.3 565.3 526.8 483.8 25

26 - Due from foreign affiliates 154.2 154.5 113.3 201.3 307.3 310.6 282.9 384.7 379.0 304.0 311.6 26

27 Foreign banking offices in U.S. (net) -255.2 -424.0 -179.6 -350.9 -306.9 -47.3 19.0 175.5 201.5 184.4 242.6 27

28 Due to foreign affiliates 524.5 529.0 536.4 538.9 635.6 809.9 790.6 822.7 829.4 872.7 840.9 28

29 - Due from foreign affiliates 779.7 953.0 716.1 889.8 942.5 857.1 771.6 647.2 627.9 688.3 598.3 29

30 Less: Deposits at foreign banks 12.0 18.6 24.7 14.6 23.4 25.0 23.3 24.5 20.4 18.7 17.7 30

31 U.S.-chartered depository institutions 11.9 17.9 24.5 9.3 14.9 14.9 14.7 15.3 13.4 10.4 10.9 31

32 Foreign banking offices in U.S. 0.1 0.7 0.3 5.4 8.5 10.1 8.6 9.2 7.0 8.3 6.8 32

33 Asset: Rest of the world (1) 165.1 53.7 464.5 194.0 145.9 390.0 370.2 423.7 367.3 388.6 397.1 33

 Transactions between U.S. depository institutions (net) (2):

34 U.S.-chartered depository institutions (net) -22.9 0.6 35.4 52.4 20.8 34.7 51.2 66.8 61.4 69.6 63.6 34

35 Due to (3): 117.1 134.3 117.5 129.8 103.7 126.7 131.2 149.8 131.2 143.4 138.9 35

36 Foreign banking offices in U.S. 97.8 113.2 65.8 43.7 41.9 51.4 47.9 45.6 41.9 47.3 49.3 36

37 Banks in U.S.-affiliated areas 2.9 2.6 3.2 4.2 3.3 4.1 4.4 4.9 4.6 4.4 4.6 37

38 Credit unions 61.4 60.3 65.9 76.9 76.2 72.5 74.5 89.4 90.1 100.3 99.3 38

39 - Due from: Foreign banking offices in U.S. 140.0 133.7 82.1 77.4 82.9 92.0 80.0 83.0 69.8 73.8 75.3 39

40 Unallocated (2) -45.0 -41.8 -17.5 5.1 -17.7 -1.3 4.4 9.9 -5.3 -8.7 -14.2 40

(1) Sum of lines 24 and 27 less line 30.

(2) Interbank transactions between U.S. banks should net to zero and thus are not shown in lines 1 through 12 above. However, the unallocated amount (line 40), which is due to inconsistencies

 in source data, appears on line 13 as the discrepancy between liabilities and assets.

(3) Sum of lines 36, 37, 38, and 40.
Z.1, September 20, 2012 93

L.204 Checkable Deposits and Currency

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total liabilities 1507.3 1532.9 2101.3 2093.4 2359.8 2193.3 2314.6 2403.7 2594.3 2520.5 2591.8 1

 2 Monetary authority 774.3 792.1 1220.3 1102.7 1287.8 1078.7 1116.4 1090.8 1165.7 1122.7 1178.4 2

 3 Federal government cash and deposits 5.0 16.4 365.7 191.9 340.9 116.4 135.3 56.4 85.9 43.6 91.5 3

 4 Due to government-sponsored enterprises 0.8 1.7 21.1 35.1 13.5 10.2 7.3 44.8 64.6 36.9 29.9 4

 5 Deposits due to foreign 0.1 0.1 1.4 2.4 3.4 0.1 0.4 2.6 0.2 0.2 1.6 5

 6 Currency outside banks 768.5 773.9 832.2 873.3 930.0 952.0 973.5 987.0 1015.0 1042.1 1055.3 6

 7 U.S.-chartered depository institutions 637.1 639.6 777.5 871.6 941.1 978.0 1059.7 1154.6 1260.5 1219.8 1229.6 7

 8 Federal government deposits 28.0 42.9 3.5 3.8 3.6 3.6 3.7 3.0 1.0 1.3 1.2 8

 9 Deposits due to foreign 26.8 31.7 62.9 34.3 30.4 42.0 45.2 50.2 54.7 53.0 54.2 9

10 Private domestic deposits 582.3 564.9 711.1 833.5 907.0 932.4 1010.8 1101.4 1204.8 1165.4 1174.1 10

11 Foreign banking offices in U.S. 9.3 11.8 13.5 16.1 21.9 20.7 23.2 38.2 45.6 44.3 48.7 11

12 Deposits due to foreign 2.1 2.3 4.7 10.5 14.6 13.2 15.3 17.8 19.0 18.9 20.6 12

13 Private domestic deposits 7.2 9.5 8.8 5.6 7.3 7.6 7.9 20.5 26.6 25.4 28.1 13

14 Banks in U.S.-affiliated areas 14.0 15.7 14.6 16.1 16.6 17.1 18.1 18.0 19.4 19.5 22.3 14

15 Credit unions 72.6 73.7 75.3 86.9 92.4 98.7 97.1 102.1 103.1 114.1 112.8 15

16 Total assets 1507.3 1532.9 2101.3 2093.4 2359.8 2193.3 2314.6 2403.7 2594.3 2520.5 2591.8 16

17 Household sector 245.8 160.2 349.6 373.6 336.7 335.9 403.6 499.5 629.0 614.9 625.6 17

18 Nonfinancial business 599.6 658.8 550.0 710.3 846.3 881.3 875.7 917.3 914.9 920.0 921.4 18

19 Corporate 150.8 143.2 30.6 170.5 326.3 362.3 357.4 399.1 395.2 399.2 400.4 19

20 Noncorporate 448.8 515.6 519.4 539.8 520.0 519.0 518.3 518.2 519.8 520.8 521.0 20

21 State and local governments 61.9 57.1 65.6 84.9 91.5 90.0 95.4 94.2 107.4 104.7 102.6 21

22 Federal government 32.9 56.5 368.0 193.6 342.1 117.5 135.5 57.6 84.3 42.0 89.3 22

23 Rest of the world 311.6 306.1 370.1 361.0 390.5 410.0 429.6 448.8 471.0 487.2 498.7 23

24 Checkable deposits 28.9 34.2 69.0 47.2 48.4 55.3 61.0 70.6 73.9 72.1 76.4 24

25 Currency 282.6 272.0 301.1 313.8 342.1 354.7 368.7 378.3 397.1 415.1 422.3 25

26 Financial sectors 248.0 284.1 391.5 363.8 347.1 352.8 367.8 380.6 381.2 344.9 346.9 26

27 Property-casualty insurance companies 29.9 42.7 27.9 27.6 32.6 33.8 35.6 25.7 24.1 29.1 29.3 27

28 Life insurance companies 56.1 58.3 82.8 50.7 51.7 47.0 48.2 57.8 53.7 52.9 56.1 28

29 Private pension funds 11.2 11.8 12.3 16.4 20.9 19.9 20.8 21.2 22.0 21.2 21.7 29

30 State and local govt. retirement funds 13.1 17.9 17.8 17.7 17.3 18.1 17.9 18.6 18.4 18.6 18.7 30

31 Money market mutual funds 6.7 1.9 7.5 17.9 14.2 13.3 20.1 18.8 19.1 3.2 6.0 31

32 Government-sponsored enterprises 16.4 13.7 88.3 99.4 63.4 70.4 62.3 63.7 72.7 42.5 52.9 32

33 Finance companies 15.8 16.2 16.5 17.0 26.6 29.1 30.8 32.8 30.9 30.3 27.9 33

34 REITs 18.4 16.6 18.4 26.3 23.5 29.0 23.7 26.9 25.6 29.8 29.1 34

35 Brokers and dealers 80.5 105.0 120.1 90.7 96.9 92.1 108.4 115.3 114.8 117.4 105.2 35

36 Mail float 7.5 10.0 6.4 6.3 5.7 5.9 7.0 5.6 6.5 6.6 7.2 36
94 Z.1, September 20, 2012

L.205 Time and Savings Deposits 

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total liabilities 6995.8 7606.7 7940.9 8316.3 8432.4 8553.3 8714.0 8724.0 8805.2 8914.8 8973.0 1

 2 Small time and savings deposits 4945.1 5224.5 5749.3 6326.5 6624.9 6741.5 6898.8 7065.7 7202.2 7410.5 7460.4 2

 3 U.S.-chartered depository institutions 4418.3 4664.0 5144.6 5617.0 5888.6 5980.1 6130.7 6293.3 6425.7 6598.7 6638.9 3

 4 Foreign banking offices in U.S. 18.6 25.5 25.6 29.9 35.7 42.6 47.4 50.9 48.9 57.9 62.3 4

 5 Banks in U.S.-affiliated areas 25.2 26.3 27.4 24.5 19.3 19.4 19.2 19.2 18.9 18.7 19.6 5

 6 Credit unions 483.0 508.7 551.7 655.1 681.3 699.4 701.4 702.3 708.7 735.2 739.6 6

 7 Large time deposits (1) 2050.8 2382.2 2191.6 1989.8 1807.5 1811.8 1815.3 1658.4 1603.0 1504.3 1512.6 7

 8 U.S.-chartered depository institutions 1326.0 1378.2 1309.2 979.4 849.1 824.2 819.4 802.1 813.9 743.4 777.6 8

 9 Foreign banking offices in U.S. 634.5 907.9 784.7 958.6 909.0 937.1 945.4 804.6 736.6 706.8 679.5 9

10 Banks in U.S.-affiliated areas 25.2 26.3 27.4 24.5 19.3 19.4 19.2 19.2 18.9 18.7 19.6 10

11 Credit unions 65.0 69.9 70.4 27.3 30.1 31.2 31.3 32.4 33.5 35.3 35.9 11

12 Total assets 6995.8 7606.7 7940.9 8316.3 8432.4 8553.3 8714.0 8724.0 8805.2 8914.8 8973.0 12

13 Household sector 5422.4 5914.6 6118.8 6231.9 6399.5 6494.2 6615.1 6682.2 6778.7 6887.6 6935.1 13

14 Nonfinancial business 841.4 800.7 740.0 842.1 851.2 852.9 889.0 878.9 875.3 886.0 890.3 14

15 Corporate 497.0 441.3 381.9 488.8 511.4 514.0 550.8 541.0 536.7 546.9 551.3 15

16 Noncorporate 344.4 359.3 358.1 353.3 339.9 338.9 338.2 337.9 338.6 339.1 338.9 16

17 State and local governments 209.6 245.9 265.1 275.9 275.5 278.8 274.4 279.9 293.5 311.3 306.1 17

18 Federal government 1.7 2.8 1.6 1.9 2.0 1.5 1.7 1.8 1.7 2.0 2.2 18

19 Rest of the world 167.4 207.6 273.1 230.0 246.9 262.6 270.2 285.6 283.6 272.6 289.4 19

20 Financial sectors 353.4 435.1 542.5 734.5 657.3 663.2 663.7 595.8 572.4 555.3 549.9 20

21 Private pension funds 63.1 67.7 67.9 72.7 72.8 72.8 73.3 73.0 73.3 73.3 73.0 21

22 State and local govt. retirement funds 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.7 0.8 0.8 22

23 Money market mutual funds 206.7 270.6 355.2 573.2 468.0 467.3 460.1 397.8 380.1 360.3 355.2 23

24 Government-sponsored enterprises 33.9 46.6 68.5 25.7 26.1 23.7 23.1 11.7 13.4 11.1 9.8 24

25 Finance companies 47.4 48.6 49.4 51.0 79.8 87.2 92.4 98.3 92.6 90.8 83.7 25

26 Holding companies 1.6 0.8 0.7 11.2 10.0 11.5 14.0 14.3 12.4 19.1 27.5 26

(1) Large time deposits are those issued in amounts of $100,000 or more.

L.206 Money Market Mutual Fund Shares

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

 1 Total assets 2312.1 3033.1 3757.3 3258.3 2755.3 2679.4 2637.8 2578.4 2642.5 2535.4 2467.9 1

 2 Household sector 1114.5 1346.7 1581.8 1313.1 1138.4 1107.2 1095.2 1113.1 1116.6 1074.6 1050.2 2

 3 Nonfinancial corporate business 421.3 548.5 710.6 641.7 484.8 469.8 458.0 440.7 452.0 433.8 421.6 3

 4 Nonfinancial noncorporate business 72.2 74.3 75.4 73.7 70.9 70.7 70.6 70.5 70.7 70.7 70.7 4

 5 State and local governments 99.3 116.6 122.3 134.7 143.5 143.9 144.7 142.2 140.8 139.4 137.5 5

 6 Rest of the world 27.0 46.0 69.7 76.9 69.8 67.3 64.8 64.6 64.3 64.1 63.8 6

 7 Property-casualty insurance companies 13.5 20.7 32.8 29.6 25.6 27.7 26.1 23.6 24.6 21.1 21.2 7

 8 Life insurance companies 23.3 21.6 39.2 33.7 21.0 19.7 17.9 17.0 28.8 26.4 31.0 8

 9 Private pension funds 90.1 93.5 95.7 96.4 96.3 96.2 96.2 96.1 96.1 96.1 96.1 9

10 State and local govt. retirement funds 13.8 12.4 14.3 14.3 13.9 14.7 14.5 15.0 14.8 15.0 15.1 10

11 Funding corporations 437.3 752.8 1015.5 844.3 691.3 662.2 649.9 595.8 633.9 594.2 560.9 11
Z.1, September 20, 2012 95

L.207 Federal Funds and Security Repurchase Agreements

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total liabilities 2137.7 2118.5 1238.2 1488.4 1272.3 1312.7 1258.2 1102.1 1140.7 1187.7 1165.1 1

 2 Monetary authority 29.6 44.0 88.4 77.7 59.7 62.2 70.3 84.1 99.9 96.7 85.5 2

 3 Private depository institutions (net) 905.7 807.1 467.5 835.8 674.9 651.2 600.9 616.3 600.1 568.2 567.6 3

 4 U.S.-chartered depository institutions (net) 670.9 583.4 335.3 665.6 451.7 426.8 407.0 361.6 342.6 301.3 285.2 4

 5 Foreign banking offices in U.S. (net) 239.9 226.3 130.0 170.3 223.2 224.4 212.7 265.6 273.4 287.8 295.3 5

 6 Credit unions (net) -5.1 -2.5 2.3 -0.1 -0.0 0.0 -18.8 -10.9 -15.9 -20.9 -12.9 6

 7 Property-casualty insurance companies 1.2 0.5 2.4 0.6 1.5 0.6 0.6 0.5 0.4 0.5 0.5 7

 8 Life insurance companies 21.2 20.2 12.9 12.4 10.3 9.5 10.0 9.7 10.4 10.8 11.7 8

 9 REITs 97.9 91.7 79.4 90.4 120.5 160.9 187.1 210.9 215.4 258.7 279.0 9

10 Brokers and dealers (net) 1071.8 1147.3 586.9 470.9 404.7 427.1 387.9 179.5 213.3 251.7 219.9 10

11 Holding companies 10.3 7.7 0.7 0.6 0.8 1.1 1.3 1.2 1.2 1.1 1.1 11

12 Total assets 1252.7 1467.3 1178.0 1040.9 925.9 1035.5 994.1 862.5 902.2 845.8 876.7 12

13 Nonfinancial corporate business 15.5 8.1 7.2 7.9 12.1 12.7 12.9 12.0 12.8 13.8 14.2 13

14 State and local governments 126.5 132.8 125.0 123.9 119.0 116.4 114.1 112.2 111.0 110.0 108.4 14

15 Rest of the world (net) 364.6 338.4 114.9 31.0 -96.1 -38.2 -53.0 -104.9 -44.9 -83.2 -117.6 15

16 Monetary authority 40.8 46.5 80.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

17 Property-casualty insurance companies 1.9 3.6 4.4 4.5 3.8 3.5 2.3 2.0 1.8 0.0 0.0 17

18 Life insurance companies 2.6 2.7 8.0 10.2 10.9 9.7 8.8 10.8 10.1 9.2 9.3 18

19 Private pension funds 22.4 25.8 33.1 36.2 36.1 36.4 31.9 32.3 31.9 35.1 34.9 19

20 State and local govt. retirement funds 24.1 21.7 23.5 23.5 22.8 24.0 23.7 24.6 24.3 24.6 24.8 20

21 Money market mutual funds 394.6 605.9 542.4 479.9 479.4 437.5 454.5 479.7 484.0 491.4 508.4 21

22 Mutual funds 132.8 132.2 124.7 153.3 137.5 218.5 221.8 126.7 108.7 137.2 155.0 22

23 Government-sponsored enterprises (net) 117.4 142.7 114.5 122.1 150.0 156.3 115.1 114.3 111.9 107.2 138.7 23

24 Holding companies 9.5 6.9 0.3 48.2 50.3 58.7 61.7 52.7 50.5 0.3 0.3 24

25 Funding corporations 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 25

26 Discrepancy--unallocated assets 885.0 651.2 60.2 447.6 346.4 277.1 264.1 239.7 238.5 342.0 288.5 26
96 Z.1, September 20, 2012

L.208 Open Market Paper

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total outstanding, all types 1958.0 1788.6 1599.3 1137.4 1057.5 1131.2 1081.6 1004.4 969.2 994.4 962.0 1

 2 Commercial paper 1957.5 1788.1 1599.3 1137.4 1057.5 1131.2 1081.6 1004.4 969.2 994.4 962.0 2

 3 Nonfinancial corporate business 112.5 123.8 131.5 58.4 82.9 110.5 106.9 124.7 116.3 127.6 132.1 3

 4 Foreign issues in U.S. 482.3 413.0 342.0 401.3 398.6 428.2 417.2 352.5 345.1 362.6 357.4 4

 5 Nonfinancial 27.0 29.0 49.7 34.5 30.6 35.1 41.4 34.0 30.2 32.8 40.7 5

 6 Financial 455.3 384.0 292.3 366.8 368.0 393.2 375.8 318.6 314.9 329.8 316.7 6

 7 Financial business 1362.7 1251.3 1125.8 677.6 575.9 592.5 557.5 527.2 507.8 504.2 472.6 7

 8 U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 112.9 109.2 109.0 109.9 120.6 104.3 102.1 8

 9 ABS issuers 837.4 643.1 559.3 293.1 120.2 128.3 116.2 108.5 96.0 97.7 85.2 9

10 Finance companies 165.3 123.5 100.9 62.1 98.8 114.4 108.7 111.8 121.0 122.8 122.5 10

11 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

12 Holding companies 81.7 116.7 77.7 60.8 64.7 73.6 76.9 71.7 75.9 87.2 87.0 12

13 Funding corporations 278.3 367.9 388.0 261.7 179.3 167.0 146.6 125.3 94.3 92.2 75.8 13

14 Bankers’ acceptances (1) 0.5 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

15 U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

16 Foreign banking offices in U.S. 0.5 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

17 Holdings, by sector 1958.0 1788.6 1599.3 1137.4 1057.5 1131.2 1081.6 1004.4 969.2 994.4 962.0 17

18 Household sector 117.5 107.3 6.0 34.6 63.4 67.9 64.9 60.3 58.2 51.7 47.1 18

19 Nonfinancial corporate business 122.7 69.5 57.3 56.0 67.8 70.6 70.2 57.8 59.2 63.9 58.8 19

20 State and local governments 155.1 139.3 66.2 -4.1 -13.8 -12.8 -11.4 -8.5 -4.7 -0.9 2.5 20

21 Rest of the world 286.3 278.1 232.9 191.5 191.0 199.3 195.1 199.4 190.7 204.2 190.1 21

22 Monetary authority 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

23 U.S.-chartered depository institutions (1) 0.0 0.0 15.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

24 Foreign banking offices in U.S. (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

25 Credit unions 1.0 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

26 Property-casualty insurance companies 16.4 13.3 19.1 9.8 7.9 8.5 8.0 5.3 5.5 4.7 4.7 26

27 Life insurance companies 28.7 41.7 38.3 49.8 40.9 40.1 38.7 43.3 29.7 29.0 31.8 27

28 Private pension funds 31.7 26.9 37.2 26.7 18.2 19.3 18.7 18.1 16.7 17.5 17.7 28

29 State and local govt. retirement funds 42.8 38.4 25.9 24.0 22.4 23.5 23.2 24.1 23.8 24.1 24.3 29

30 Money market mutual funds 608.3 674.6 618.5 510.5 394.2 395.5 359.4 349.5 355.1 355.5 326.5 30

31 Mutual funds 114.5 114.1 51.6 80.2 66.3 144.0 147.2 55.7 40.0 66.6 82.8 31

32 Government-sponsored enterprises 32.4 27.7 6.8 9.7 9.9 9.5 9.3 9.2 6.5 5.2 5.7 32

33 Brokers and dealers 64.3 87.1 65.7 41.5 36.2 39.6 42.2 40.4 42.1 43.7 34.7 33

34 Funding corporations 336.4 170.2 358.2 107.1 153.1 126.3 116.0 149.9 146.4 129.2 135.3 34

(1) Excludes banks’ holdings of own acceptances.
Z.1, September 20, 2012 97

L.209 Treasury Securities

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total liabilities 4861.7 5099.2 6338.2 7781.9 9361.5 9621.4 9714.1 10102.6 10428.3 10827.5 11025.6 1

 2 Savings bonds 202.4 196.4 194.0 191.2 187.9 186.8 186.0 185.1 185.2 184.7 184.3 2

 3 Treasury bills 940.8 999.5 1861.2 1787.9 1768.9 1694.7 1529.4 1475.6 1519.5 1672.6 1594.4 3

 4 Other Treasury securities 3718.6 3903.3 4283.0 5802.8 7404.7 7739.9 7998.7 8442.0 8723.7 8970.1 9246.9 4

 5 Total assets 4861.7 5099.2 6338.2 7781.9 9361.5 9621.4 9714.1 10102.6 10428.3 10827.5 11025.6 5

 6 Household sector 355.1 202.0 180.6 728.2 1040.9 880.9 658.6 731.8 580.3 735.1 878.2 6

 7 Savings bonds 202.4 196.4 194.0 191.2 187.9 186.8 186.0 185.1 185.2 184.7 184.3 7

 8 Bills and other Treasury securities 152.7 5.6 -13.4 537.0 853.0 694.1 472.6 546.7 395.1 550.4 693.9 8

 9 Nonfinancial corporate business 45.5 38.3 30.5 43.0 47.8 42.3 41.3 44.3 47.6 52.8 56.3 9

10 Nonfinancial noncorporate business 56.3 59.3 51.8 46.1 44.4 44.3 44.2 44.1 44.2 44.3 44.3 10

11 State and local governments 551.7 588.1 551.0 581.3 587.7 575.9 560.5 539.3 525.8 515.4 519.5 11

12 Rest of the world 2126.2 2376.4 3253.0 3670.6 4466.6 4577.9 4664.7 4813.7 5071.1 5200.0 5292.3 12

13 Treasury bills 250.9 300.5 758.0 750.4 710.3 664.9 641.4 635.2 648.2 634.9 628.7 13

14 Other Treasury securities 1875.3 2075.9 2495.0 2920.2 3756.3 3913.0 4023.3 4178.5 4422.9 4565.2 4663.6 14

15 Monetary authority 778.9 740.6 475.9 776.6 1021.5 1340.4 1619.5 1664.7 1663.4 1661.1 1659.9 15

16 Treasury bills 277.0 227.8 18.4 18.4 18.4 18.4 18.4 18.4 18.4 18.4 18.4 16

17 Other Treasury securities 501.9 512.8 457.5 758.2 1003.1 1322.0 1601.1 1646.2 1645.0 1642.7 1641.5 17

18 U.S.-chartered depository institutions 74.4 80.1 56.4 124.5 217.5 216.1 183.3 191.7 173.9 187.8 212.5 18

19 Foreign banking offices in U.S. 26.8 30.4 35.5 57.5 60.9 66.1 63.6 58.1 60.5 71.6 61.0 19

20 Banks in U.S.-affiliated areas 3.7 1.8 1.2 0.5 1.1 1.1 1.6 0.9 1.0 0.9 1.3 20

21 Credit unions 7.4 10.4 8.8 14.2 20.0 21.8 21.9 22.5 17.5 20.4 20.9 21

22 Property-casualty insurance companies 110.0 71.3 65.6 88.5 91.7 93.3 91.9 90.7 93.6 91.0 89.3 22

23 Life insurance companies 87.9 70.6 105.7 133.5 156.6 158.2 158.7 162.6 167.1 169.5 169.7 23

24 Private pension funds 130.8 169.5 184.9 310.7 391.0 399.0 405.6 424.5 436.2 448.1 453.6 24

25 State and local govt. retirement funds 156.2 141.6 146.4 174.5 185.6 187.9 186.9 189.0 188.9 189.3 189.6 25

26 Federal government retirement funds 76.4 87.7 112.4 119.8 129.8 133.5 136.9 144.5 147.7 148.4 151.6 26

27 Money market mutual funds 82.7 178.1 577.7 406.4 335.4 337.5 341.3 373.5 443.3 473.8 444.6 27

28 Mutual funds 160.7 179.2 187.9 255.5 297.4 298.2 306.4 341.1 379.7 403.0 415.2 28

29 Closed-end funds 7.4 5.6 3.2 4.4 5.1 5.3 5.2 4.9 4.8 5.1 5.0 29

30 Exchange-traded funds 13.1 19.7 27.1 41.8 51.0 52.8 56.7 61.1 62.4 62.0 67.3 30

31 Government-sponsored enterprises 14.2 15.5 16.8 21.9 55.2 58.5 63.3 68.5 75.4 78.8 57.9 31

32 ABS issuers 61.1 85.8 72.2 53.9 40.1 35.9 36.3 31.4 29.2 25.9 24.8 32

33 Brokers and dealers -67.0 -60.0 190.6 123.0 94.5 78.5 56.6 79.3 187.8 203.8 201.2 33

34 Holding companies 2.5 7.1 3.1 5.8 19.6 16.1 9.0 20.4 26.8 39.6 9.6 34

 Memo:

35 Federal government debt (1) 4885.3 5122.3 6361.5 7805.4 9385.6 9645.9 9738.6 10127.6 10453.6 10851.9 11050.1 35

(1) Total Treasury securities (line 1) plus budget agency securities (table L.210, line 2) and federal mortgage debt (table L.217, line 11).
98 Z.1, September 20, 2012

L.210 Agency- and GSE-Backed Securities (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total liabilities 6492.4 7397.7 8166.7 8106.8 7598.2 7648.7 7577.8 7585.0 7577.4 7533.0 7541.7 1

 2 Budget agencies 23.5 23.1 23.3 23.5 24.2 24.5 24.5 25.0 25.3 24.4 24.5 2

 3 Government-sponsored enterprises 2627.8 2910.2 3181.9 2706.6 6434.5 6437.3 6317.3 6282.7 6247.3 6178.6 6139.8 3

 4 Agency- and GSE-backed mortgage pools 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 1377.3 4

 5 Total assets 6492.4 7397.7 8166.7 8106.8 7598.2 7648.7 7577.8 7585.0 7577.4 7533.0 7541.7 5

 6 Household sector 425.5 680.0 716.3 122.5 122.7 196.4 163.2 125.8 77.5 8.4 6.5 6

 7 Nonfinancial corporate business 15.2 12.8 10.2 14.3 15.9 14.1 17.1 14.8 15.9 17.6 16.3 7

 8 State and local governments 423.7 467.6 462.9 443.6 430.1 420.9 413.0 399.6 384.8 372.9 366.3 8

 9 Federal government 0.0 0.0 54.4 196.4 149.2 138.4 103.7 70.6 31.1 1.5 0.0 9

10 Rest of the world 1263.6 1582.4 1406.9 1154.9 1084.0 1072.0 1057.1 1060.5 1079.9 1073.8 1061.2 10

11 Monetary authority 0.0 0.0 19.7 1068.3 1139.6 1069.7 1025.6 979.2 941.7 933.3 946.5 11

12 U.S.-chartered depository institutions 1217.3 1106.3 1242.5 1417.4 1527.2 1561.8 1559.6 1576.6 1634.1 1699.2 1668.3 12

13 Foreign banking offices in U.S. 55.1 57.1 50.6 31.3 26.5 31.4 30.6 32.2 30.6 29.0 32.3 13

14 Banks in U.S.-affiliated areas 29.0 26.3 24.4 20.5 12.8 6.9 6.0 5.4 4.8 5.1 4.8 14

15 Credit unions 72.5 68.4 82.9 110.8 151.6 166.6 170.9 173.4 182.2 195.8 204.3 15

16 Property-casualty insurance companies 122.0 125.8 114.3 116.2 115.8 116.8 116.9 118.1 122.2 121.5 121.7 16

17 Life insurance companies 377.4 382.9 366.2 371.9 376.0 376.8 375.9 376.1 374.7 364.8 353.0 17

18 Private pension funds 268.6 296.8 318.1 269.1 257.6 258.8 259.9 263.1 262.6 252.4 241.8 18

19 State and local govt. retirement funds 307.8 331.1 337.5 306.9 285.2 288.7 287.2 290.4 290.3 290.9 291.4 19

20 Federal government retirement funds 5.6 5.4 5.2 5.2 5.8 5.7 6.0 6.2 6.5 7.0 7.6 20

21 Money market mutual funds 131.4 235.9 756.2 543.0 402.8 373.4 359.8 384.1 403.7 327.3 334.6 21

22 Mutual funds 499.1 565.4 592.7 639.1 791.1 793.4 819.1 878.3 937.4 989.6 1027.9 22

23 Government-sponsored enterprises 714.0 702.9 910.0 924.5 377.0 373.9 368.2 368.1 358.9 347.7 342.4 23

24 ABS issuers 350.1 361.7 337.8 110.5 12.9 16.9 15.0 13.5 12.9 1.5 1.4 24

25 REITs 65.4 88.9 89.6 105.1 143.3 190.7 216.9 239.1 244.7 299.4 317.3 25

26 Brokers and dealers 138.0 290.2 242.6 110.9 149.8 153.2 174.7 166.8 147.7 148.7 169.8 26

27 Holding companies 11.2 9.9 25.8 24.3 21.1 22.2 31.5 43.2 33.1 45.7 26.3 27

(1) Agency- and GSE-backed securities include: issues of federal budget agencies (line 2) such as those for the TVA; issues of government sponsored enterprises (line 3) such as Fannie Mae and FHLB;

 and agency- and GSE-backed mortgage pool securities issued by GNMA, Fannie Mac, Freddie Mac, and the Farmers Home Administration (line 4). Only the budget agency issues are considered

 officially to be part of the total debt of the federal government, which is shown in table L.209, line 35.
Z.1, September 20, 2012 99

L.211 Municipal Securities and Loans

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total liabilities 3212.2 3448.1 3543.4 3697.9 3795.6 3778.6 3750.5 3733.6 3743.4 3732.1 3726.4 1

 2 State and local governments 2709.7 2855.9 2875.0 2985.7 3051.1 3031.2 2998.3 2987.2 2991.6 2983.5 2972.9 2

 3 Short-term (1) 34.3 51.2 55.9 63.6 63.0 60.1 37.6 48.0 52.3 51.9 43.3 3

 4 Long-term 2675.4 2804.7 2819.2 2922.1 2988.1 2971.0 2960.7 2939.2 2939.3 2931.7 2929.5 4

 5 Nonprofit organizations (2) 230.1 250.7 258.7 264.6 262.3 261.9 260.7 256.1 254.4 252.3 247.6 5

 6 Nonfinancial corporate business 272.4 341.5 409.7 447.5 482.3 485.4 491.4 490.3 497.4 496.3 506.0 6

 (industrial revenue bonds)

 7 Total assets 3212.2 3448.1 3543.4 3697.9 3795.6 3778.6 3750.5 3733.6 3743.4 3732.1 3726.4 7

 8 Household sector 1678.6 1721.5 1762.5 1890.9 1948.3 1961.0 1935.8 1915.5 1887.0 1840.3 1810.0 8

 9 Nonfinancial corporate business 28.1 29.2 26.2 27.1 24.1 19.6 19.3 20.0 19.6 22.4 21.0 9

10 Nonfinancial noncorporate business 5.8 5.3 4.9 5.1 4.9 4.9 4.9 4.9 4.9 4.9 4.9 10

11 State and local governments 7.9 9.5 10.1 11.4 12.3 12.4 12.5 12.3 12.1 12.0 11.8 11

12 Rest of the world 34.4 45.1 50.5 58.7 71.7 74.2 76.7 79.7 82.7 85.7 88.9 12

13 U.S.-chartered depository institutions 190.1 202.0 221.9 224.3 254.6 259.9 267.3 283.8 297.3 307.2 327.4 13

14 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

15 Banks in U.S.-affiliated areas 1.3 2.0 2.5 3.5 2.5 2.8 2.5 2.8 3.4 3.4 2.8 15

16 Property-casualty insurance companies 335.2 371.3 381.9 369.4 348.4 342.3 333.7 328.3 331.0 329.1 329.6 16

17 Life insurance companies 36.6 41.4 47.1 73.1 112.3 115.0 117.1 119.6 121.6 122.6 120.7 17

18 State and local govt. retirement funds 3.3 2.4 1.4 1.5 1.6 1.6 1.6 1.5 1.5 6.4 8.4 18

19 Money market mutual funds 370.3 471.0 494.6 401.3 334.4 321.0 306.1 292.0 296.5 286.8 271.8 19

20 Mutual funds 344.4 372.2 389.6 480.2 526.6 515.1 520.1 526.9 542.6 564.0 584.8 20

21 Closed-end funds 89.4 91.3 77.9 81.1 81.3 80.4 81.8 79.8 82.2 82.7 83.3 21

22 Exchange-traded funds 0.0 0.6 2.3 5.9 7.6 7.5 7.7 7.8 8.6 9.7 10.5 22

23 Government-sponsored enterprises 36.1 33.3 31.3 29.1 24.9 23.8 22.9 22.0 21.0 20.2 19.4 23

24 Brokers and dealers 50.9 50.1 38.7 35.4 40.0 37.0 40.6 36.6 31.5 34.7 31.2 24

(1) Debt with original maturity of 13 months or less.

(2) Liability of the households and nonprofit organizations sector (tables F.100 and L.100).
100 Z.1, September 20, 2012

L.212 Corporate and Foreign Bonds

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total liabilities 10080.0 11543.4 11118.5 11577.0 11715.3 11765.6 11823.5 11856.0 11861.1 11995.0 11956.6 1

 2 Nonfinancial corporate business 3364.4 3675.5 3881.0 4268.6 4691.4 4792.4 4907.8 4988.3 5076.0 5193.5 5286.0 2

 3 Rest of the world (1) 1275.5 1587.1 1237.3 1570.3 1689.5 1727.2 1757.3 1774.6 1763.8 1745.3 1718.8 3

 4 Financial sectors 5440.1 6280.7 6000.3 5738.1 5334.5 5245.9 5158.5 5093.1 5021.4 5056.2 4951.8 4

 5 U.S.-chartered depository institutions 159.9 184.8 184.8 176.3 436.8 433.5 432.7 429.4 415.8 427.2 414.4 5

 6 ABS issuers (net) (3) 3342.6 3891.3 3564.1 3015.1 2123.1 2034.1 1993.9 1935.7 1900.2 1824.4 1770.9 6

 7 Finance companies 849.7 974.1 924.5 837.5 1078.4 1060.0 1054.9 1066.5 1051.7 1043.2 1021.6 7

 8 REITs 230.6 231.3 171.0 129.8 129.7 141.3 141.5 139.2 145.1 152.6 158.8 8

 9 Brokers and dealers 68.8 64.8 97.1 92.9 129.7 128.2 110.1 99.2 91.8 98.0 102.1 9

10 Holding companies 421.5 516.0 638.9 1028.7 982.2 984.4 934.3 912.7 890.6 982.3 951.2 10

11 Funding corporations 367.0 418.5 419.9 457.8 454.6 464.5 491.1 510.4 526.2 528.4 532.7 11

12 Total assets 10080.0 11543.4 11118.5 11577.0 11715.3 11765.6 11823.5 11856.0 11861.1 11995.0 11956.6 12

13 Household sector 1653.5 2118.4 2052.8 2213.1 2185.8 2186.2 2202.6 2174.1 2118.1 2017.9 1948.9 13

14 State and local governments 135.0 149.1 147.9 154.7 157.0 155.7 154.8 152.1 150.6 149.1 147.0 14

15 Federal government 0.0 0.0 0.0 0.6 0.9 0.9 0.9 0.8 0.8 0.8 0.8 15

16 Rest of the world (2) 2320.5 2719.1 2354.0 2465.3 2523.3 2509.8 2487.4 2476.5 2500.5 2482.9 2444.7 16

17 U.S.-chartered depository institutions 563.4 714.6 650.5 667.1 548.9 532.0 525.1 544.6 551.8 532.3 528.9 17

18 Foreign banking offices in U.S. 292.5 369.5 401.6 244.9 233.9 220.6 229.5 255.7 234.5 216.4 216.6 18

19 Banks in U.S.-affiliated areas 0.4 0.5 0.5 2.0 0.6 5.9 5.2 4.5 4.2 4.3 4.1 19

20 Credit unions 30.6 34.6 25.7 18.6 3.7 3.7 3.8 3.6 4.1 4.7 4.8 20

21 Property-casualty insurance companies 277.0 282.9 267.5 298.3 322.6 330.2 335.4 343.7 361.0 358.9 359.5 21

22 Life insurance companies 1819.5 1862.6 1817.0 1927.2 2030.2 2063.1 2081.8 2107.4 2123.6 2153.3 2124.8 22

23 Private pension funds 317.6 357.4 400.1 442.9 440.1 438.8 439.2 441.4 440.9 439.2 437.4 23

24 State and local govt. retirement funds 283.4 297.0 312.9 308.6 312.4 314.1 312.4 321.2 320.9 323.0 324.5 24

25 Federal government retirement funds 4.8 6.3 5.8 5.8 5.9 6.2 6.7 7.2 7.4 7.6 8.0 25

26 Money market mutual funds 368.3 376.8 228.0 169.9 154.2 154.9 154.4 128.1 129.6 126.3 116.5 26

27 Mutual funds 767.0 889.9 959.9 1126.8 1275.4 1323.5 1375.3 1420.7 1465.8 1549.0 1617.8 27

28 Closed-end funds 75.1 74.0 49.2 55.4 59.5 61.9 61.5 58.6 57.6 59.6 60.5 28

29 Exchange-traded funds 7.6 13.8 27.7 55.4 74.1 79.9 86.6 95.1 107.7 123.4 135.7 29

30 Government-sponsored enterprises 481.7 464.4 386.6 310.8 293.9 284.7 270.0 264.3 260.5 253.9 227.1 30

31 Finance companies 184.8 189.4 192.4 198.6 84.3 84.6 86.4 88.8 85.1 85.2 87.2 31

32 REITs 64.6 34.4 11.7 15.5 20.8 24.6 26.2 27.1 22.1 25.6 27.6 32

33 Brokers and dealers 355.5 382.8 123.8 154.4 189.5 202.5 187.5 133.8 103.7 149.3 135.5 33

34 Holding companies 16.7 35.9 35.8 31.1 38.3 40.5 40.6 22.0 18.3 84.6 94.3 34

35 Funding corporations 60.4 170.0 667.3 710.2 760.1 741.5 750.4 784.5 792.4 847.7 904.3 35

(1) Holdings of foreign issues by U.S. residents.

(2) Holdings of U.S. issues by foreign residents.

(3) Liabilities net of assets.
Z.1, September 20, 2012 101

L.213 Corporate Equities (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Issues at market value 24339.3 25580.9 15640.5 20123.2 23410.8 25100.7 25125.6 21061.5 22824.9 25533.2 24222.9 1

 2 Nonfinancial corporate business 14602.3 15730.7 10016.6 12494.7 14422.8 15459.5 15379.5 13061.8 14516.7 16117.9 15574.9 2

 3 Rest of the world (2) 4329.0 5248.0 2748.4 3995.3 4646.9 4992.6 5126.0 4207.6 4158.2 4596.6 4047.6 3

 4 Financial corporations 5408.0 4602.2 2875.4 3633.2 4341.1 4648.7 4620.1 3792.2 4150.0 4818.7 4600.4 4

 5 Holdings at market value 24339.3 25580.9 15640.5 20123.2 23410.8 25100.7 25125.6 21061.5 22824.9 25533.2 24222.9 5

 6 Household sector 9645.0 9631.6 5759.5 7419.7 8736.7 9592.3 9645.2 8142.0 8720.8 9691.5 9216.3 6

 7 State and local governments 88.4 94.5 66.1 96.0 78.2 76.5 75.0 73.6 72.7 69.5 65.9 7

 8 Federal government 0.0 0.0 188.7 67.4 49.9 55.1 61.1 56.7 57.5 47.7 43.4 8

 9 Rest of the world (3) 2448.1 2812.2 1806.6 2477.2 2962.1 3161.2 3165.2 2693.0 2973.6 3376.4 3246.9 9

10 Monetary authority 0.0 0.0 0.0 25.1 26.4 0.0 0.0 0.0 0.0 0.0 0.0 10

11 U.S.-chartered depository institutions 79.8 88.8 33.8 63.6 73.6 78.0 80.9 58.7 67.4 80.4 75.0 11

12 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0 12

13 Property-casualty insurance companies 227.0 236.2 193.3 219.8 219.2 222.7 220.2 203.4 224.4 248.9 244.4 13

14 Life insurance companies 1364.8 1464.6 1001.7 1208.5 1402.6 1490.0 1496.1 1322.2 1390.2 1501.0 1446.7 14

15 Private pension funds 2724.8 2673.3 1599.7 1835.7 2081.1 2185.3 2164.7 1815.5 2005.1 2245.6 2148.1 15

16 State and local govt. retirement funds 1926.1 2013.7 1237.9 1549.8 1782.5 1861.9 1848.2 1525.4 1690.6 1885.3 1803.7 16

17 Federal government retirement funds 135.6 145.8 83.7 116.9 141.0 149.0 149.5 121.0 134.4 153.2 146.4 17

18 Mutual funds 4989.6 5476.9 3014.1 4136.2 4762.7 5087.0 5067.4 4073.8 4427.2 5029.3 4632.0 18

19 Closed-end funds 121.5 144.9 72.2 87.9 97.2 100.9 101.4 95.5 96.3 97.7 96.2 19

20 Exchange-traded funds 402.0 573.7 474.0 670.0 854.1 909.1 919.5 783.0 863.8 990.4 944.5 20

21 Brokers and dealers 186.4 224.8 109.2 124.2 117.2 131.7 131.3 97.8 100.9 116.3 113.5 21

22 Funding corporations 0.0 0.0 0.0 25.1 26.4 0.0 0.0 0.0 0.0 0.0 0.0 22

 Memo:

23 Market value of domestic corporations (4) 18993.6 19064.6 12009.6 14937.3 17376.2 18665.7 18546.3 15615.5 17313.9 19402.9 18701.8 23

(1) Excludes mutual fund shares shown on table L.214.

(2) Holdings of foreign issues by U.S. residents; includes American Depositary Receipts (ADRs).

(3) Holdings of U.S. issues by foreign residents.

(4) Sum of lines 2 and 4 less the sum of lines 11, 12, 13, 19, 20, 21, and 22; line 1 excludes intercorporate holdings of nonfinancial corporations.

L.214 Mutual Fund Shares (1)

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

 1 Shares at market value 7068.3 7829.0 5435.3 6961.6 7934.5 8471.9 8570.5 7532.8 8000.5 8851.1 8627.0 1

 2 Holdings at market value 7068.3 7829.0 5435.3 6961.6 7934.5 8471.9 8570.5 7532.8 8000.5 8851.1 8627.0 2

 3 Household sector 4194.1 4605.3 3340.0 4157.3 4606.6 4958.2 5014.6 4401.3 4645.8 5189.3 5065.7 3

 4 Nonfinancial corporate business 173.1 178.0 106.2 161.9 186.6 190.2 186.6 162.9 167.5 177.3 166.6 4

 5 State and local governments 34.0 38.4 38.8 41.3 37.7 37.5 37.5 36.7 36.3 30.9 27.9 5

 6 Rest of the world 316.8 373.5 256.2 363.6 513.8 569.6 599.8 527.2 559.9 619.5 603.8 6

 7 U.S.-chartered depository institutions 24.5 29.6 19.6 46.1 45.0 47.1 45.0 36.6 41.7 46.7 47.3 7

 8 Credit unions 2.1 2.1 2.0 1.3 1.5 1.7 1.8 1.8 1.8 2.0 2.0 8

 9 Property-casualty insurance companies 6.9 6.8 4.4 5.3 5.7 5.8 5.8 5.2 5.5 5.7 5.5 9

10 Life insurance companies 148.8 188.4 121.0 140.8 155.7 158.7 158.5 142.9 150.1 159.1 153.2 10

11 Private pension funds 1880.4 2110.6 1366.0 1817.3 2121.1 2230.7 2250.6 1995.1 2144.6 2344.7 2291.3 11

12 State and local govt. retirement funds 287.5 296.4 181.1 226.7 260.8 272.4 270.4 223.2 247.3 275.8 263.9 12

(1) Shares of open-end investment companies; excludes shares of money market mutual funds, exchange-traded funds, and funding vehicles for variable annuities.
102 Z.1, September 20, 2012

L.215 Depository Institution Loans Not Elsewhere Classified (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total liabilities 1741.0 2060.1 2750.0 2021.7 1954.3 1944.6 1972.1 2023.9 2086.8 2101.9 2148.8 1

 2 Household sector 30.9 21.8 26.4 10.2 61.0 45.3 -1.0 -9.8 12.4 34.8 88.5 2

 3 Corporate business 613.0 715.9 780.0 560.3 545.2 548.8 557.9 583.8 618.4 611.9 636.6 3

 4 Noncorporate business 785.7 926.5 1046.1 929.8 859.4 863.3 878.6 894.7 911.7 939.0 959.7 4

 5 Rest of the world 98.3 102.8 107.9 96.8 115.1 127.1 130.5 140.9 144.3 153.6 164.8 5

 6 Foreign official institutions 1.9 1.9 2.6 3.2 4.3 4.2 3.2 3.1 2.6 2.5 2.2 6

 7 Foreign banks 21.9 30.2 33.0 27.9 39.7 45.7 49.1 53.0 51.0 51.6 54.4 7

 8 Other foreign 74.4 70.8 72.4 65.8 71.2 77.1 78.2 84.8 90.7 99.5 108.3 8

 9 Financial sectors 213.0 293.1 789.5 424.7 373.7 360.1 406.0 414.2 399.9 362.6 299.1 9

10 Finance companies 129.2 182.0 174.9 144.5 91.5 93.8 89.4 98.3 102.1 97.5 103.5 10

11 REITs 28.4 33.2 32.8 20.7 18.5 16.2 15.6 20.4 22.1 18.6 20.0 11

12 Brokers and dealers 0.0 0.0 45.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

13 Holding companies 55.4 77.9 91.3 164.2 190.3 200.1 258.4 264.4 254.3 234.5 175.7 13

14 Funding corporations 0.0 0.0 444.9 95.3 73.4 49.9 42.5 31.0 21.5 11.9 0.0 14

15 Total assets 1741.0 2060.1 2750.0 2021.7 1954.3 1944.6 1972.1 2023.9 2086.8 2101.9 2148.8 15

16 Monetary authority (2) 0.0 0.0 490.4 142.8 98.1 69.1 55.3 42.3 30.5 19.0 4.5 16

17 U.S.-chartered depository institutions 1331.1 1544.6 1675.8 1419.6 1412.9 1415.5 1445.0 1501.0 1569.2 1596.2 1666.5 17

18 Foreign banking offices in U.S. 361.8 466.8 531.9 406.5 390.4 405.7 416.7 424.7 426.6 427.2 419.3 18

19 Banks in U.S.-affiliated areas 25.6 21.4 19.7 19.4 16.1 16.0 16.0 16.6 17.1 17.2 17.3 19

20 Credit unions 22.5 27.3 32.1 33.4 36.9 38.3 39.2 39.2 43.5 42.2 41.1 20

(1) Excludes depository institution lending in the form of open market paper, mortgages, consumer credit, and security credit which are shown on other instrument tables.

(2) Loans from Federal Reserve banks to households, rest of the world, broker and dealers, and funding corporations. See loan details on table L.108.
Z.1, September 20, 2012 103

L.216 Other Loans and Advances

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total other loans and advances 1982.9 2511.0 2610.2 2098.1 1797.8 1766.6 1781.3 1784.2 1810.3 1773.2 1792.7 1

 2 U.S. government loans 107.3 105.2 111.3 177.4 180.9 183.1 180.2 181.9 185.8 188.2 189.8 2

 3 Liab.: Household sector 12.9 12.5 12.8 12.6 11.6 11.6 11.4 11.4 11.2 10.9 11.0 3

 4 Nonfinancial corporate business 11.2 10.9 15.3 74.9 70.6 71.9 67.8 68.6 70.1 71.7 73.3 4

 5 Nonfinancial noncorporate business 45.7 46.8 48.9 52.4 53.0 53.6 54.7 55.1 55.9 55.9 56.5 5

 6 State and local governments 11.2 11.9 12.7 13.5 14.4 14.5 14.7 15.0 15.3 15.4 15.7 6

 7 Rest of the world 26.4 23.1 21.6 21.9 22.1 22.2 21.9 22.0 23.5 25.4 25.5 7

 8 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Finance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

10 Funding corporations 0.0 0.0 0.0 2.0 9.2 9.3 9.7 9.8 9.8 8.8 7.9 10

11 Foreign loans to U.S. corporate business 168.8 271.5 207.3 182.5 160.4 166.7 185.1 207.4 202.5 176.0 170.2 11

12 Liab.: Nonfinancial corporate business 168.8 271.5 207.3 182.5 160.4 166.7 185.1 207.4 202.5 176.0 170.2 12

 Customers’ liability on acceptances outstanding

13 Asset: U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

14 Foreign banking offices in U.S. 0.4 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

15 Liab.: Nonfinancial corporate business 0.3 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

16 Rest of the world 0.2 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

17 Holding company loans 5.6 6.3 8.2 14.6 18.9 26.9 24.2 24.8 22.9 53.1 53.3 17

18 Liab.: Nonfinancial corporate business 5.6 6.3 8.2 14.6 18.9 26.9 24.2 24.8 22.9 51.8 51.1 18

19 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.3 2.3 19

20 Policy loans (Household liability) 110.9 114.5 120.4 121.1 124.5 124.8 125.5 126.4 126.9 126.9 126.6 20

21 Asset: Federal government 0.6 0.6 0.6 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0.4 21

22 Life insurance companies 110.2 113.9 119.8 120.6 124.0 124.3 125.0 125.9 126.5 126.4 126.2 22

23 Government-sponsored enterprise loans (1) 704.9 942.6 980.7 695.9 551.3 522.8 500.2 479.8 487.0 467.3 491.3 23

24 Liab.: Household sector (SLMA) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

25 Nonfinancial corporate business (FCS) 7.6 9.5 5.8 5.3 6.9 8.1 6.8 5.7 6.0 7.3 6.6 25

26 Nonfinancial noncorporate business (FCS) 55.9 66.0 74.5 74.7 80.3 81.5 78.3 75.3 77.7 79.3 80.4 26

27 U.S.-chartered dep. inst. (FHLB & SLMA) 608.3 806.1 805.0 541.1 392.8 364.0 346.1 328.7 332.3 309.3 328.2 27

28 Credit unions (FHLB) 18.9 32.3 40.6 26.5 26.1 23.7 22.8 23.7 24.2 22.9 23.7 28

29 Life insurance companies (FHLB) 14.2 28.7 54.9 48.3 45.1 45.5 46.2 46.4 46.8 48.5 52.4 29

30 Securitized loans held by ABS issuers 97.7 93.7 78.1 54.4 4.0 0.3 0.1 0.1 0.1 0.1 0.1 30

31 Liab.: Nonfinancial corporate business 97.7 93.7 78.1 54.4 4.0 0.3 0.1 0.1 0.1 0.1 0.1 31

32 Finance company loans to business 498.0 523.0 539.9 448.9 407.7 406.3 394.7 395.4 410.0 410.2 410.4 32

33 Liab.: Nonfinancial corporate business 448.2 470.7 485.9 404.0 366.9 365.7 355.3 355.9 369.0 369.2 369.3 33

34 Nonfinancial noncorporate business 49.8 52.3 54.0 44.9 40.8 40.6 39.5 39.5 41.0 41.0 41.0 34

35 Loans to nonfinancial corporate business (2) 289.2 453.8 564.3 403.4 350.2 335.7 371.3 368.3 375.1 351.6 351.1 35

36 Asset: Household sector 9.1 17.6 29.7 26.8 26.2 25.2 25.7 25.5 23.4 26.5 26.1 36

37 Life insurance companies 22.4 31.9 46.3 20.4 16.7 15.4 17.3 20.6 22.2 20.2 21.2 37

38 Mutual funds 46.3 82.4 94.8 75.4 74.6 86.7 99.7 95.3 93.5 94.2 93.3 38

39 ABS issuers 155.7 248.3 301.7 197.8 163.8 144.1 161.6 156.2 162.3 166.8 168.8 39

40 Brokers and dealers 41.7 52.8 55.9 60.1 47.4 45.9 48.0 54.4 54.3 30.6 28.1 40

41 Funding corporations 14.1 20.8 35.9 22.9 21.4 18.3 19.0 16.4 19.4 13.2 13.5 41

(1) The Student Loan Marketing Association (Sallie Mae) was included until it was fully privatized in 2004:Q4.

(2) Syndicated loans from domestic entities, excluding depository institutions and finance companies which are included elsewhere.
104 Z.1, September 20, 2012

L.217 Total Mortgages

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total mortgages 13470.6 14546.1 14635.3 14353.7 13730.2 13635.3 13544.6 13461.8 13402.2 13292.6 13216.4 1

 2 Home 10469.8 11194.2 11088.3 10888.9 10422.2 10347.7 10282.0 10223.8 10167.1 10081.0 10028.0 2

 3 Multifamily residential 705.7 790.3 844.5 854.0 842.8 842.0 841.8 842.7 847.7 846.3 849.7 3

 4 Commercial 2187.1 2449.0 2567.8 2479.5 2324.2 2303.4 2277.3 2250.6 2241.5 2218.1 2190.2 4

 5 Farm 108.0 112.7 134.7 131.3 141.0 142.2 143.5 144.7 146.0 147.2 148.5 5

 6 Total liabilities 13470.6 14546.1 14635.3 14353.7 13730.2 13635.3 13544.6 13461.8 13402.2 13292.6 13216.4 6

 7 Household sector 10069.9 10770.8 10715.6 10563.2 10132.8 10065.0 10004.7 9949.9 9897.1 9813.7 9760.7 7

 8 Nonfinancial business 3248.6 3618.5 3756.3 3623.6 3430.3 3401.5 3366.3 3337.4 3329.0 3300.2 3270.3 8

 9 Corporate 872.7 935.5 886.3 766.5 698.5 690.9 679.2 669.1 664.4 657.7 646.0 9

10 Noncorporate 2375.9 2683.0 2869.9 2857.2 2731.8 2710.6 2687.1 2668.3 2664.6 2642.4 2624.3 10

11 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

12 REITs 152.1 156.7 163.5 166.9 167.1 168.9 173.5 174.5 176.2 178.8 185.4 12

13 Total assets 13470.6 14546.1 14635.3 14353.7 13730.2 13635.3 13544.6 13461.8 13402.2 13292.6 13216.4 13

14 Household sector 122.1 109.8 111.1 101.4 90.1 87.7 84.6 82.8 79.5 75.5 71.5 14

15 Nonfinancial corporate business 59.8 41.4 33.6 29.5 28.0 27.7 27.3 26.9 26.5 26.2 25.8 15

16 Nonfinancial noncorporate business 34.6 42.1 39.1 37.9 36.5 36.4 36.3 36.2 36.3 36.4 36.4 16

17 State and local governments 164.0 181.2 180.2 189.3 185.9 185.8 184.9 181.7 179.8 178.0 175.4 17

18 Federal government 80.3 82.4 95.8 108.4 106.6 107.8 109.3 109.3 110.6 111.7 112.2 18

19 U.S.-chartered depository institutions 4415.7 4658.6 4615.2 4371.9 4194.9 4082.5 4045.9 4038.2 4049.6 3984.5 3986.4 19

20 Foreign banking offices in U.S. 24.9 39.0 44.2 37.8 35.4 33.8 33.0 33.7 32.8 31.2 31.2 20

21 Banks in U.S.-affiliated areas 39.2 40.8 42.6 42.3 35.8 34.8 33.9 33.4 33.4 32.9 32.4 21

22 Credit unions 252.5 280.2 312.2 316.9 317.0 316.8 317.8 318.9 320.5 321.6 323.8 22

23 Property-casualty insurance companies 3.5 4.8 5.0 4.4 4.1 4.1 4.3 4.6 4.9 5.2 5.4 23

24 Life insurance companies 303.8 326.2 342.4 326.1 317.5 318.2 322.8 328.6 332.5 336.7 340.5 24

25 Private pension funds 9.5 10.2 11.1 13.6 15.5 15.0 14.8 14.2 15.0 14.8 14.7 25

26 State and local govt. retirement funds 14.4 9.7 9.4 9.3 9.4 9.2 9.2 9.3 9.3 9.3 9.3 26

27 Government-sponsored enterprises (1) 607.2 643.1 705.3 707.7 5021.0 5054.6 5018.4 4964.6 4924.0 4922.8 4870.2 27

28 Agency- and GSE-backed mortgage pools 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 1377.3 28

29 ABS issuers 2767.2 2957.3 2602.4 2234.7 1907.6 1854.2 1792.7 1741.8 1689.2 1628.5 1562.6 29

30 Finance companies 594.4 531.9 447.9 397.4 243.6 236.9 228.0 218.0 211.5 206.7 197.6 30

31 REITs 136.3 123.1 76.3 48.3 41.9 42.7 45.3 42.3 42.1 40.9 43.7 31
Z.1, September 20, 2012 105

L.218 Home Mortgages (1)

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total liabilities 10469.8 11194.2 11088.3 10888.9 10422.2 10347.7 10282.0 10223.8 10167.1 10081.0 10028.0 1

 2 Household sector 9879.2 10566.9 10514.7 10369.2 9950.9 9884.7 9826.5 9773.7 9721.6 9640.0 9589.1 2

 3 Nonfinancial corporate business 39.4 42.2 32.7 20.3 13.6 12.4 11.4 10.7 10.2 9.9 9.9 3

 4 Nonfinancial noncorporate business 551.2 585.1 540.9 499.4 457.8 450.7 444.1 439.4 435.3 431.1 429.0 4

 5 Total assets 10469.8 11194.2 11088.3 10888.9 10422.2 10347.7 10282.0 10223.8 10167.1 10081.0 10028.0 5

 6 Household sector 102.9 90.8 91.2 83.2 75.2 73.2 71.2 69.2 67.2 65.2 63.2 6

 7 Nonfinancial corporate business 35.9 25.0 20.2 17.7 16.8 16.6 16.4 16.1 15.9 15.7 15.5 7

 8 Nonfinancial noncorporate business 12.7 15.4 14.3 13.9 13.3 13.3 13.3 13.3 13.3 13.3 13.3 8

 9 State and local governments 83.6 92.8 92.5 97.2 94.8 94.7 94.2 92.6 91.6 90.7 89.4 9

10 Federal government 13.3 13.7 16.4 22.1 23.9 24.3 24.9 24.5 24.8 25.5 25.7 10

11 U.S.-chartered depository institutions 2932.7 3068.0 2883.6 2686.6 2612.0 2525.2 2506.7 2518.1 2535.0 2481.8 2490.6 11

12 Foreign banking offices in U.S. 0.0 0.0 7.0 0.9 1.1 1.1 1.1 1.3 1.3 1.4 1.3 12

13 Banks in U.S.-affiliated areas 17.2 21.5 22.9 22.6 20.1 18.8 18.2 17.9 17.8 17.5 17.3 13

14 Credit unions 252.5 280.2 312.2 316.9 317.0 316.8 317.8 318.9 320.5 321.6 323.8 14

15 Life insurance companies 10.3 9.4 8.6 6.4 5.6 5.6 5.9 6.2 6.4 6.5 6.7 15

16 Private pension funds 1.3 1.2 1.3 2.0 1.9 1.7 1.7 1.6 1.6 1.7 1.9 16

17 State and local govt. retirement funds 5.2 3.5 3.4 3.3 3.4 3.3 3.3 3.4 3.3 3.3 3.3 17

18 Government-sponsored enterprises 457.6 447.9 456.6 445.3 4699.3 4732.3 4696.7 4640.2 4595.9 4591.6 4539.0 18

19 Agency- and GSE-backed mortgage pools 3749.1 4371.8 4864.0 5266.5 1068.8 1112.5 1155.7 1194.5 1216.8 1237.2 1276.2 19

20 ABS issuers 2153.0 2199.7 1884.5 1564.0 1290.6 1236.0 1187.0 1142.7 1097.9 1053.2 1007.2 20

21 Finance companies 538.1 472.7 375.4 327.7 169.5 163.3 159.0 155.2 149.7 146.1 142.1 21

22 REITs 104.2 80.7 34.3 12.6 8.9 9.0 9.0 8.1 8.1 8.6 11.7 22

 Memo:

23 Home equity loans included above (2) 1066.8 1132.3 1115.3 1032.9 928.1 904.8 884.5 868.8 853.3 831.1 813.5 23

24 U.S.-chartered depository institutions 791.2 872.7 894.7 841.4 783.3 764.4 747.8 735.0 723.1 705.1 690.2 24

25 Foreign banking offices in U.S. 0.0 0.0 0.8 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.2 25

26 Credit unions 86.9 94.1 98.7 94.6 88.2 86.6 84.9 83.8 82.2 79.8 78.6 26

27 ABS issuers 81.1 70.9 46.0 31.1 22.5 20.9 19.7 18.7 17.8 16.8 16.0 27

28 Finance companies 107.6 94.5 75.1 65.5 33.9 32.7 31.8 31.0 29.9 29.2 28.4 28

(1) Mortgages on 1-4 family properties including mortages on farm houses.

(2) Loans made under home equity lines of credit and home equity loans secured by junior liens. Excludes home equity loans held by individuals.

L.219 Multifamily Residential Mortgages

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

 1 Total liabilities 705.7 790.3 844.5 854.0 842.8 842.0 841.8 842.7 847.7 846.3 849.7 1

 2 Nonfinancial corporate business 34.0 38.4 41.0 41.4 40.8 40.7 40.7 40.8 41.0 41.0 41.2 2

 3 Nonfinancial noncorporate business 646.5 729.1 778.5 785.8 774.4 774.2 773.9 774.5 779.1 778.3 782.0 3

 4 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 REITs 25.1 22.7 25.1 26.8 27.7 27.1 27.2 27.4 27.6 27.0 26.5 5

 6 Total assets 705.7 790.3 844.5 854.0 842.8 842.0 841.8 842.7 847.7 846.3 849.7 6

 7 Household sector 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Nonfinancial corporate business 0.9 0.6 0.5 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.4 8

 9 Nonfinancial noncorporate business 11.7 14.3 13.3 12.9 12.4 12.4 12.3 12.3 12.3 12.4 12.4 9

10 State and local governments 65.6 72.8 72.5 76.2 74.9 75.0 74.6 73.3 72.6 71.8 70.8 10

11 Federal government 14.8 14.4 14.5 14.7 14.4 14.3 14.1 14.1 14.1 14.1 13.9 11

12 U.S.-chartered depository institutions 253.3 261.1 276.0 267.0 254.9 251.5 250.3 248.7 248.3 244.7 246.4 12

13 Foreign banking offices in U.S. 0.0 0.0 4.3 4.0 3.5 3.5 3.2 2.9 2.9 1.5 1.4 13

14 Life insurance companies 46.1 51.8 51.8 48.5 47.2 47.3 47.9 48.8 49.4 50.0 50.6 14

15 Private pension funds 2.0 2.1 2.4 2.7 3.1 3.1 2.9 2.7 2.9 2.9 3.1 15

16 State and local govt. retirement funds 4.3 2.9 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 16

17 Government-sponsored enterprises 105.4 147.7 190.2 204.4 256.5 256.1 254.6 256.4 259.2 261.3 260.4 17

18 Agency- and GSE-backed mortgage pools 88.8 88.1 92.8 105.7 66.9 71.3 77.1 81.1 86.4 91.1 99.1 18

19 ABS issuers 102.5 124.0 113.2 107.4 98.7 98.0 95.4 93.5 91.1 88.1 83.3 19

20 Finance companies 5.1 5.1 5.8 5.1 5.1 4.6 4.2 3.9 3.6 3.5 3.3 20

21 REITs 5.0 5.2 4.3 2.3 1.9 1.8 1.8 1.8 1.7 1.7 1.7 21
106 Z.1, September 20, 2012

L.220 Commercial Mortgages

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total liabilities 2187.1 2449.0 2567.8 2479.5 2324.2 2303.4 2277.3 2250.6 2241.5 2218.1 2190.2 1

 2 Household sector 190.7 204.0 200.9 194.0 181.9 180.3 178.3 176.2 175.5 173.7 171.6 2

 3 Nonfinancial corporate business 778.3 832.1 783.8 675.2 611.1 604.1 592.9 582.8 577.7 570.7 558.1 3

 4 Nonfinancial noncorporate business 1091.2 1278.9 1444.6 1470.2 1391.7 1377.2 1359.8 1344.5 1339.7 1321.9 1301.6 4

 5 REITs 127.0 134.0 138.4 140.1 139.4 141.8 146.3 147.1 148.6 151.8 158.9 5

 6 Total assets 2187.1 2449.0 2567.8 2479.5 2324.2 2303.4 2277.3 2250.6 2241.5 2218.1 2190.2 6

 7 Household sector 17.0 19.1 20.0 19.2 16.7 15.8 14.8 13.6 12.4 11.0 9.6 7

 8 Nonfinancial corporate business 23.0 15.8 13.0 11.4 10.8 10.7 10.5 10.4 10.2 10.1 9.9 8

 9 Nonfinancial noncorporate business 9.5 11.5 10.7 10.4 10.0 10.0 10.0 9.9 10.0 10.0 10.0 9

10 State and local governments 13.1 14.6 14.5 15.2 15.5 15.4 15.3 15.1 14.9 14.8 14.6 10

11 Federal government 48.9 51.0 61.4 67.8 64.1 64.9 66.0 66.3 67.2 67.6 68.0 11

12 U.S.-chartered depository institutions 1188.7 1286.8 1404.2 1367.4 1273.2 1250.7 1233.6 1215.8 1210.3 1201.1 1192.3 12

13 Foreign banking offices in U.S. 24.9 39.0 32.8 32.9 30.8 29.2 28.7 29.5 28.5 28.2 28.4 13

14 Banks in U.S.-affiliated areas 22.0 19.3 19.7 19.6 15.7 16.1 15.7 15.4 15.6 15.4 15.1 14

15 Property-casualty insurance companies 3.5 4.8 5.0 4.4 4.1 4.1 4.3 4.6 4.9 5.2 5.4 15

16 Life insurance companies 235.4 252.2 267.1 257.7 251.3 252.0 255.6 260.2 263.2 266.5 269.6 16

17 Private pension funds 6.2 6.8 7.4 8.9 10.4 10.2 10.2 9.9 10.5 10.2 9.7 17

18 State and local govt. retirement funds 4.9 3.3 3.2 3.2 3.2 3.1 3.1 3.2 3.2 3.1 3.1 18

19 Agency- and GSE-backed mortgage pools 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

20 ABS issuers 511.7 633.6 604.7 563.3 518.3 520.2 510.3 505.6 500.2 487.2 472.1 20

21 Finance companies 51.1 54.0 66.6 64.6 68.9 69.0 64.8 58.8 58.2 57.1 52.2 21

22 REITs 27.1 37.3 37.7 33.4 31.2 31.9 34.5 32.4 32.3 30.6 30.3 22

L.221 Farm Mortgages (1)

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

 1 Total liabilities 108.0 112.7 134.7 131.3 141.0 142.2 143.5 144.7 146.0 147.2 148.5 1

 2 Nonfinancial corporate business 21.0 22.8 28.8 29.6 33.1 33.7 34.3 34.9 35.5 36.1 36.8 2

 3 Nonfinancial noncorporate business 87.0 89.9 105.9 101.7 107.9 108.6 109.2 109.9 110.5 111.1 111.7 3

 4 Total assets 108.0 112.7 134.7 131.3 141.0 142.2 143.5 144.7 146.0 147.2 148.5 4

 5 Household sector 2.2 -0.0 -0.0 -1.0 -1.8 -1.3 -1.4 -0.0 -0.1 -0.8 -1.3 5

 6 Nonfinancial noncorporate business 0.7 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.7 6

 7 State and local governments 1.6 1.0 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 7

 8 Federal government 3.2 3.3 3.5 3.9 4.3 4.2 4.3 4.4 4.5 4.6 4.6 8

 9 U.S.-chartered depository institutions 40.9 42.8 51.5 51.0 54.8 55.1 55.3 55.7 56.0 56.9 57.2 9

10 Foreign banking offices in U.S. 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

11 Life insurance companies 12.0 12.8 15.0 13.5 13.3 13.3 13.4 13.5 13.5 13.6 13.7 11

12 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

13 Government-sponsored enterprises 44.2 47.6 58.5 58.0 65.2 66.2 67.1 68.0 68.9 69.8 70.8 13

14 Agency- and GSE-backed mortgage pools 3.2 4.5 4.7 4.5 3.8 3.2 3.2 1.7 1.7 1.6 2.0 14

(1) Excludes mortgages on farm houses.
Z.1, September 20, 2012 107

L.222 Consumer Credit

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total liabilities (Households) 2385.0 2528.8 2548.9 2438.8 2545.3 2512.3 2534.2 2578.6 2631.7 2619.0 2661.1 1

 2 Total assets 2385.0 2528.8 2548.9 2438.8 2545.3 2512.3 2534.2 2578.6 2631.7 2619.0 2661.1 2

 3 Nonfinancial corporate business 57.0 59.3 56.3 51.7 53.1 51.5 52.0 52.6 53.5 51.9 52.1 3

 4 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Federal government (1) 86.9 93.0 104.3 178.6 308.8 347.5 362.4 398.5 417.4 452.6 470.7 5

 6 U.S.-chartered depository institutions 836.7 894.9 965.0 906.3 1185.5 1143.6 1159.8 1163.1 1192.6 1155.7 1174.5 6

 7 Credit unions 236.1 236.6 236.2 237.1 226.5 218.1 220.9 223.9 223.0 223.0 230.3 7

 8 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 ABS issuers 636.3 673.0 632.9 593.3 63.0 57.5 53.3 53.8 55.0 54.0 55.9 9

10 Finance companies 531.9 572.1 554.3 471.9 708.4 694.2 685.9 686.8 690.2 681.9 677.7 10

(1) Includes loans originated by the Department of Education under the Federal Direct Loan Program, as well as Federal Family Education Loan Program loans that

 the government purchased from depository institutions and finance companies.

L.223 Trade Credit

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

 1 Total trade payables 3195.9 3398.0 3228.1 3204.9 3393.7 3441.1 3506.8 3557.0 3615.2 3702.6 3740.8 1

 2 Household sector 199.9 214.5 236.7 252.7 274.1 279.1 282.6 286.0 288.2 289.8 290.5 2

 3 Nonfinancial corporate business 1812.9 1897.9 1672.8 1587.5 1750.6 1771.5 1830.3 1870.1 1928.6 1991.2 2027.7 3

 4 Nonfinancial noncorporate business 348.9 374.9 380.7 388.3 369.3 367.5 368.3 369.9 367.9 366.1 363.5 4

 5 State and local governments 516.4 553.5 592.7 632.3 672.3 682.3 692.4 702.4 712.5 722.6 732.7 5

 6 Federal government 208.9 238.2 260.8 204.6 213.3 228.1 234.3 238.1 234.7 244.8 248.9 6

 7 Rest of the world 60.7 73.1 63.2 69.3 95.9 94.1 79.5 74.1 69.1 70.8 64.0 7

 8 Brokers and dealers 48.3 45.8 21.2 70.1 18.1 18.5 19.3 16.4 14.2 17.3 13.5 8

 9 Total trade receivables 2961.1 3189.2 2993.1 2867.1 2969.8 3060.8 3163.2 3212.3 3165.0 3290.7 3372.2 9

10 Nonfinancial corporate business 2090.5 2252.4 2084.6 2056.0 2187.4 2280.9 2383.5 2420.9 2373.3 2492.0 2572.0 10

11 Nonfinancial noncorporate business 470.9 525.6 522.7 496.3 477.4 476.1 475.1 474.6 475.7 476.3 476.1 11

12 State and local governments 82.4 69.9 48.8 30.2 10.0 5.0 0.0 0.0 0.0 0.0 0.0 12

13 Federal government 59.4 60.6 64.7 43.6 42.9 44.7 47.0 48.2 47.7 49.0 50.6 13

14 Rest of the world 62.8 83.6 90.1 96.7 116.3 116.2 118.3 132.3 133.5 136.9 139.0 14

15 Property-casualty insurance companies 87.0 85.4 86.7 83.0 83.8 84.4 88.2 88.7 87.2 91.1 92.0 15

16 ABS issuers 108.3 111.7 95.5 61.3 51.8 53.6 51.1 47.5 47.6 45.3 42.4 16

17 Discrepancy 234.8 208.8 234.9 337.7 423.9 380.3 343.6 344.7 450.2 411.9 368.7 17

L.224 Security Credit

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

 1 Total liabilities 1249.9 1526.4 1128.5 1091.2 1214.8 1258.1 1323.8 1380.9 1312.1 1375.5 1410.2 1

 2 Household sector 292.1 325.5 164.8 203.0 278.2 315.7 312.8 251.9 238.5 267.7 244.5 2

 3 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Brokers and dealers 957.8 1200.9 963.6 888.2 936.6 942.3 1011.0 1128.9 1073.6 1107.8 1165.7 4

 5 Customer credit balances (HH) 655.7 866.4 742.7 668.6 694.3 703.3 757.7 804.9 752.3 762.3 777.7 5

 6 From U.S.-chartered depository institutions 116.5 145.9 158.6 158.0 152.3 152.1 163.2 186.9 189.6 190.8 209.8 6

 7 From foreign banking offices in U.S. 185.6 188.6 62.3 61.6 90.1 86.9 90.1 137.2 131.7 154.7 178.3 7

 8 Total assets 1249.9 1526.4 1128.5 1091.2 1214.8 1258.1 1323.8 1380.9 1312.1 1375.5 1410.2 8

 9 Household sector 655.7 866.4 742.7 668.6 694.3 703.3 757.7 804.9 752.3 762.3 777.7 9

10 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

11 U.S.-chartered depository institutions 116.5 145.9 158.6 158.0 152.3 152.1 163.2 186.9 189.6 190.8 209.8 11

12 Foreign banking offices in U.S. 185.6 188.6 62.3 61.6 90.1 86.9 90.1 137.2 131.7 154.7 178.3 12

13 Brokers and dealers 292.1 325.5 164.8 203.0 278.2 315.7 312.8 251.9 238.5 267.7 244.5 13
108 Z.1, September 20, 2012

L.225 Life Insurance and Pension Fund Reserves

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 Life insurance reserves:

 1 Total liabilities 1163.7 1201.5 1179.8 1242.1 1278.3 1302.8 1317.5 1320.3 1352.0 1381.5 1370.8 1

 2 Federal government 44.2 45.4 46.4 47.5 48.4 48.5 48.9 49.2 49.7 49.8 50.2 2

 3 Life insurance companies 1119.5 1156.1 1133.4 1194.5 1229.9 1254.3 1268.6 1271.1 1302.3 1331.6 1320.6 3

 4 Net change in assets 1163.7 1201.5 1179.8 1242.1 1278.3 1302.8 1317.5 1320.3 1352.0 1381.5 1370.8 4

 5 Households 1055.2 1076.8 1049.8 1109.2 1137.2 1160.3 1174.1 1174.5 1203.6 1214.0 1201.1 5

 6 U.S.-chartered depository institutions 93.4 104.3 110.7 111.5 116.0 117.3 118.4 119.3 120.8 133.8 135.0 6

 7 Holding companies 15.2 20.5 19.3 21.4 25.1 25.1 25.0 26.5 27.6 33.7 34.8 7

 Pension fund reserves:

 8 Total liabilities 12750.6 13390.7 10409.6 11915.0 13090.9 13511.3 13434.8 12453.9 13152.4 13954.6 13656.2 8

 9 Life insurance companies 2332.4 2450.8 2184.6 2323.0 2504.7 2589.1 2611.0 2519.6 2556.6 2633.6 2579.1 9

10 Private pension funds (1) 6120.5 6444.8 4588.0 5507.4 6136.6 6367.7 6366.3 5734.7 6118.2 6597.5 6427.6 10

11 State and local govt. retirement funds 3156.6 3297.9 2414.7 2759.8 3024.0 3131.3 3116.3 2771.4 2967.9 3210.0 3132.4 11

12 Federal government retirement funds (2) 1141.1 1197.1 1222.3 1324.9 1425.5 1423.1 1341.2 1428.2 1509.7 1513.4 1517.1 12

13 Total assets (Households) (3) 12750.6 13390.7 10409.6 11915.0 13090.9 13511.3 13434.8 12453.9 13152.4 13954.6 13656.2 13

(1) Includes unallocated insurance company contracts beginning 1985:Q4.

(2) Includes the Thrift Savings Plan, the National Railroad Retirement Investment Trust, and other federal government retirement funds.

(3) Excludes all individual retirement accounts (IRAs) (table L.225.i), except those at life insurance companies.

L.226 Taxes Payable by Businesses

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

 1 Total taxes payable by all businesses 237.0 167.7 44.0 40.6 50.7 75.9 63.8 65.3 64.7 76.5 73.2 1

 2 Nonfinancial corporate business 85.4 35.8 39.0 35.7 42.9 60.7 50.6 56.7 47.8 59.1 55.9 2

 3 Nonfinancial noncorporate business 95.7 99.5 106.2 99.9 95.1 94.7 94.5 94.4 94.6 94.8 94.8 3

 4 U.S.-chartered depository institutions 28.0 12.4 -73.6 -66.2 -59.6 -54.9 -50.3 -46.9 -49.1 -52.6 -50.3 4

 5 Property-casualty insurance companies 9.4 7.0 -21.1 -15.8 -10.1 -7.9 -13.1 -19.4 -14.5 -8.0 -13.2 5

 6 Life insurance companies -1.3 -4.7 -24.4 -31.4 -28.8 -27.9 -29.1 -30.3 -23.6 -27.3 -23.9 6

 7 Finance companies 17.0 15.5 15.4 12.7 7.7 7.0 6.8 7.2 7.3 7.6 7.1 7

 8 Brokers and dealers 2.8 2.2 2.5 5.7 3.6 4.2 4.3 3.7 2.1 3.0 2.8 8

 9 Total business taxes receivable 285.1 342.5 389.3 416.1 448.9 458.2 466.8 463.0 474.0 479.5 486.2 9

10 State and local governments 189.0 237.5 269.8 280.9 298.0 303.5 308.2 300.4 307.5 309.0 311.9 10

11 Federal government 96.1 105.0 119.4 135.1 150.8 154.8 158.7 162.6 166.5 170.5 174.4 11

12 Discrepancy -48.1 -174.8 -345.3 -375.5 -398.2 -382.3 -403.1 -397.7 -409.3 -402.9 -413.1 12

L.227 Proprietors’ Equity in Noncorporate Business

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

 1 Total household equity 9204.3 9341.1 7733.4 6480.6 7018.5 7184.1 7247.3 7365.0 7525.3 7603.9 7691.9 1

 2 Nonfinancial noncorporate business 9194.5 9329.5 7723.9 6468.5 7004.7 7168.7 7232.2 7351.4 7512.3 7585.8 7673.7 2

 3 Brokers and dealers 9.8 11.6 9.5 12.1 13.8 15.4 15.1 13.6 13.0 18.1 18.2 3
Z.1, September 20, 2012 109

L.228 Total Miscellaneous Financial Claims

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total liabilities 15692.9 17539.8 20072.8 19982.0 20661.0 20339.3 20219.7 21547.7 21048.6 21022.8 21604.6 1

 2 Household sector 22.8 23.9 27.0 22.1 24.7 25.2 25.6 24.4 24.3 26.2 28.0 2

 3 Nonfinancial corporate business 3659.6 3873.5 4059.8 4034.8 4093.2 3939.8 3811.4 3786.6 3752.6 3687.2 3660.0 3

 4 Nonfinancial noncorporate business 1006.1 1100.0 1214.3 1248.1 1283.3 1289.2 1295.9 1302.9 1305.8 1315.4 1314.8 4

 5 Federal government 1017.2 1094.2 1183.5 1261.6 1349.4 1335.1 1242.0 1358.1 1438.3 1420.6 1429.6 5

 6 Rest of the world 4239.1 5104.6 6059.0 5959.9 6498.1 6369.0 6357.1 7371.5 6771.1 6410.8 6987.4 6

 7 Monetary authority 18.5 21.0 23.1 29.2 58.4 29.3 27.0 27.7 31.7 33.7 28.5 7

 8 U.S.-chartered depository institutions 1200.6 1310.2 1491.2 1628.9 1809.8 1847.9 1890.0 1935.2 1943.0 2033.2 2097.2 8

 9 Foreign banking offices in U.S. 154.8 299.6 849.4 431.3 438.7 480.7 542.4 737.6 694.0 633.0 652.3 9

10 Banks in U.S.-affiliated areas 40.7 28.8 24.9 29.2 23.3 22.9 21.6 25.0 19.4 19.1 17.9 10

11 Credit unions 9.2 3.6 4.7 19.4 11.0 11.6 12.2 11.5 12.4 13.2 12.6 11

12 Property-casualty insurance companies 815.7 811.1 811.0 819.5 831.8 832.6 844.3 850.7 869.4 889.5 895.2 12

13 Life insurance companies 925.9 1010.6 905.0 985.6 1089.7 1087.0 1078.3 1080.9 1108.8 1159.3 1145.2 13

14 Government-sponsored enterprises 153.4 171.1 208.2 270.4 154.6 140.5 137.7 130.7 130.6 132.0 128.8 14

15 Finance companies 715.7 654.4 664.8 573.6 316.8 296.4 287.3 292.1 284.7 278.1 252.0 15

16 REITs 63.0 67.6 64.9 51.1 66.0 70.1 72.1 75.3 74.4 90.0 79.5 16

17 Brokers and dealers 519.5 558.4 441.4 450.0 483.1 479.4 496.6 463.9 478.8 500.2 464.0 17

18 Holding companies 294.4 328.3 422.9 548.0 522.0 529.8 531.6 521.5 481.1 732.6 733.5 18

19 Funding corporations 836.7 1078.9 1617.5 1619.3 1607.0 1552.8 1546.6 1551.9 1628.1 1648.8 1678.0 19

20 Total assets 22324.6 24905.9 25199.2 25479.8 26241.2 26118.7 26394.7 27493.7 27641.4 27974.0 28360.1 20

21 Household sector 646.1 712.2 766.3 787.1 830.5 832.3 834.1 852.3 877.2 871.7 869.8 21

22 Nonfinancial corporate business 8941.7 9890.0 9377.9 9560.4 10189.5 10186.0 10277.2 10462.5 10831.5 10957.6 11096.7 22

23 Nonfinancial noncorporate business 1683.5 2014.3 2121.8 2040.0 1963.8 1959.1 1955.8 1954.8 1959.8 1963.1 1963.0 23

24 State and local governments -33.0 -10.9 6.6 19.4 35.4 22.1 13.2 8.3 -15.3 -19.0 -21.1 24

25 Federal government 136.8 138.7 110.8 145.8 141.4 141.0 142.7 143.1 143.1 140.5 141.9 25

26 Rest of the world 3997.4 4536.2 4282.3 4197.4 4505.0 4358.5 4501.4 5053.9 4811.8 4482.8 4678.4 26

27 Monetary authority 17.0 40.5 569.8 75.9 83.1 92.8 105.0 104.6 225.8 188.1 187.2 27

28 U.S.-chartered depository institutions 772.0 869.1 1199.2 1021.7 929.3 938.7 935.8 1012.8 952.6 871.8 887.9 28

29 Foreign banking offices in U.S. -119.6 -104.9 259.7 143.9 148.7 182.6 252.0 374.8 371.4 300.2 350.3 29

30 Banks in U.S.-affiliated areas 5.9 12.1 11.1 6.5 11.0 10.9 11.9 16.7 11.8 11.8 15.8 30

31 Credit unions 24.9 35.9 44.3 50.6 41.9 42.8 20.5 23.4 15.0 11.8 19.0 31

32 Property-casualty insurance companies 105.5 121.1 102.6 120.6 112.3 110.1 110.7 115.7 105.9 102.3 105.4 32

33 Life insurance companies 303.3 342.9 380.1 357.6 360.3 340.1 353.3 397.6 409.3 431.2 453.6 33

34 Private pension funds 532.5 567.1 426.5 533.3 549.4 559.0 554.0 503.8 537.3 573.0 561.0 34

35 State and local govt. retirement funds 16.3 15.7 15.7 16.2 17.0 17.3 17.3 18.0 18.1 18.4 18.6 35

36 Federal government retirement funds 918.7 952.0 1015.3 1077.2 1142.9 1128.8 1042.1 1149.3 1213.7 1197.2 1203.5 36

37 Money market mutual funds 59.2 90.9 47.9 59.1 66.9 69.5 68.1 68.3 72.7 62.3 63.8 37

38 Mutual funds 14.0 16.8 20.0 14.9 2.9 5.5 13.4 14.4 5.7 18.2 18.3 38

39 Government-sponsored enterprises 114.7 141.7 99.1 100.3 148.6 108.8 109.2 154.0 148.5 150.1 135.9 39

40 Finance companies 18.9 30.1 51.5 77.8 82.2 77.0 76.3 99.8 93.1 92.2 72.1 40

41 REITs 59.7 55.4 54.6 46.1 53.5 59.6 62.8 64.1 66.8 72.4 73.7 41

42 Brokers and dealers 1599.4 1633.7 1105.7 1141.0 1025.3 1005.5 1026.2 1004.5 932.0 951.8 989.3 42

43 Holding companies 1875.8 2054.0 2337.0 3160.6 3129.4 3175.4 3210.2 3215.3 3165.9 3818.8 3795.7 43

44 Funding corporations 633.9 751.5 793.5 726.3 671.0 695.2 701.2 681.8 687.6 705.7 680.1 44

45 Discrepancy -6631.6 -7366.1 -5126.5 -5497.9 -5580.2 -5779.3 -6175.0 -5946.1 -6592.9 -6951.2 -6755.5 45
110 Z.1, September 20, 2012

L.229 Identified Miscellaneous Financial Claims - Part I

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 U.S. direct investment abroad:

 1 Liab.: Rest of the world 2948.2 3553.1 3748.5 4029.5 4306.8 4419.1 4560.7 4642.9 4681.6 4806.0 4894.4 1

 2 Asset: Nonfinancial corporate business 2440.7 2892.9 3011.1 3219.1 3434.7 3544.1 3674.7 3752.0 3794.6 3908.0 3987.1 2

 3 U.S.-chartered depository institutions 95.9 150.3 201.5 257.6 273.9 278.1 280.5 274.5 270.9 274.7 275.5 3

 4 Property-casualty insurance companies 105.5 121.1 102.6 120.6 112.3 110.1 110.7 115.7 105.9 102.3 105.4 4

 5 Life insurance companies 20.0 25.6 25.0 28.1 44.6 44.3 45.2 46.5 54.8 55.4 56.6 5

 6 Finance companies 42.0 177.9 221.0 187.3 210.5 210.2 214.9 217.7 217.2 224.2 226.1 6

 7 Brokers and dealers 244.1 185.3 187.4 216.8 230.8 232.3 234.7 236.5 238.1 241.4 243.6 7

 Foreign direct investment in U.S.:

 8 Liab.: Nonfinancial corporate business 1722.7 1961.9 2050.3 1986.4 2119.9 2149.6 2203.8 2267.1 2361.1 2389.4 2421.6 8

 9 Nonfinancial noncorporate business 3.6 3.6 3.6 4.8 5.1 5.4 5.4 5.5 5.8 5.8 5.7 9

10 Foreign banking offices in U.S. 135.4 94.2 71.7 107.7 114.8 118.7 122.4 131.3 153.1 146.6 149.2 10

11 Property-casualty insurance companies 99.9 76.6 51.2 64.7 70.6 71.9 70.4 69.3 73.0 72.8 74.5 11

12 Life insurance companies 71.3 68.7 60.3 69.4 84.2 79.1 79.1 71.7 89.2 87.6 87.2 12

13 Finance companies 51.1 68.6 78.1 90.0 103.1 105.4 108.2 108.2 116.4 117.5 117.6 13

14 Brokers and dealers 61.0 62.6 72.1 64.4 88.5 90.4 94.6 99.0 98.1 100.3 101.5 14

15 Funding corporations 9.0 9.6 10.2 10.8 11.4 11.6 11.7 11.9 12.0 12.2 12.3 15

16 Asset: Rest of the world 2154.1 2345.9 2397.4 2398.2 2597.7 2631.9 2695.7 2764.0 2908.8 2932.2 2969.7 16

 Federal government equity in IBRD, etc.:

17 Liab.: Rest of the world 45.3 46.9 48.3 50.0 52.3 52.9 54.3 54.7 54.9 55.2 57.0 17

18 Asset: Federal government 45.3 46.9 48.3 50.0 52.3 52.9 54.3 54.7 54.9 55.2 57.0 18

 Federal Reserve Bank stock:

19 Liab.: Monetary authority 15.3 18.5 21.1 25.6 26.5 26.3 26.5 26.0 26.9 27.2 27.3 19

20 Asset: U.S.-chartered depository institutions 15.3 18.5 21.1 25.6 26.5 26.3 26.5 26.0 26.9 27.2 27.3 20

 Equity in government-sponsored enterprises:

21 Liab.: Government-sponsored enterprises 46.9 56.0 51.8 51.8 49.0 48.6 44.2 43.5 43.1 42.4 41.6 21

22 Asset: Nonfin. corporate business (Fannie Mae and FCS) 0.6 0.7 0.4 0.5 0.6 0.7 0.6 0.5 0.5 0.7 0.6 22

23 Nonfinancial noncorporate (FCS) 4.3 5.0 6.4 6.3 6.7 6.7 6.8 7.0 7.0 7.1 7.0 23

24 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

25 U.S.-chartered depository institutions (FHLB) 38.5 45.5 39.0 39.7 36.7 36.2 32.1 31.2 30.6 29.8 29.0 25

26 Credit unions (FHLB) 1.9 2.5 2.8 2.4 2.2 2.2 2.0 2.0 2.9 2.8 2.9 26

27 Life insurance companies (FHLB) 1.6 2.2 3.2 2.9 2.9 2.9 2.7 2.7 2.1 2.1 2.1 27

 Holding company net transactions with subsidiaries:

28 Liab.: U.S.-chartered depository institutions 1142.9 1256.9 1370.5 1599.5 1632.8 1671.0 1674.2 1696.8 1711.9 1785.1 1833.1 28

29 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27.1 29.6 29

30 Life insurance companies 38.3 43.7 31.2 40.5 62.7 64.5 67.4 74.6 72.0 159.5 166.5 30

31 Finance companies 198.5 239.9 232.6 209.3 118.3 102.5 101.7 100.4 97.9 93.9 90.9 31

32 Brokers and dealers 114.5 57.0 155.2 596.1 623.2 645.3 606.0 593.3 611.5 798.0 760.3 32

33 Rest of the world 68.4 110.6 101.5 125.1 135.6 121.9 186.2 195.9 162.1 181.4 166.3 33

34 Asset: Holding companies 1562.6 1708.1 1891.0 2570.3 2572.7 2605.1 2635.5 2660.9 2655.4 3045.1 3046.7 34

 NFC investment in finance company subsidiaries:

35 Liab.: Finance companies 140.1 81.5 80.5 71.2 62.5 74.9 74.3 73.3 71.5 68.6 66.4 35

36 Asset: Nonfinancial corporate business 140.1 81.5 80.5 71.2 62.5 74.9 74.3 73.3 71.5 68.6 66.4 36

 Funding corporations’ investment in subsidiaries:

37 Liab.: Foreign banking offices in U.S. 197.3 241.0 276.6 203.1 171.6 188.9 173.4 140.1 137.8 154.3 128.5 37

38 Brokers and dealers 436.5 510.5 516.9 523.2 499.4 506.3 527.7 541.7 549.8 551.4 551.6 38

39 Asset: Funding corporations 633.9 751.5 793.5 726.3 671.0 695.2 701.2 681.8 687.6 705.7 680.1 39

 Equity investment under Public-Private Inv. Program:

40 Liab.: Funding corporations 0.0 0.0 0.0 1.8 7.7 7.8 8.3 8.7 8.8 8.8 8.7 40

41 Asset: Households (1) 0.0 0.0 0.0 0.9 3.8 3.9 4.1 4.4 4.4 4.4 4.4 41

42 Federal government 0.0 0.0 0.0 0.9 3.8 3.9 4.1 4.4 4.4 4.4 4.4 42

(1) Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).
Z.1, September 20, 2012 111

L.230 Identified Miscellaneous Financial Claims - Part II

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 Nonofficial foreign currencies:

 1 Liab.: Rest of the world 0.6 24.5 554.2 10.9 0.8 0.7 1.0 1.5 100.5 47.2 28.7 1

 2 Asset: Federal government 0.6 0.5 0.5 0.7 0.8 0.7 1.0 1.0 0.7 0.7 0.7 2

 3 Monetary authority (1) 0.0 24.0 553.7 10.3 0.1 0.0 0.0 0.5 99.8 46.5 28.0 3

 Postal Savings System deposits:

 4 Liab.: Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Asset: Household sector 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 Deposits at Federal Home Loan Banks:

 6 Liab.: Government-sponsored enterprises 19.0 20.9 15.5 15.9 14.4 15.0 14.1 16.3 12.6 16.8 13.0 6

 7 Asset: U.S.-chartered depository institutions 19.0 20.9 15.5 15.9 14.4 15.0 14.1 16.3 12.6 16.8 13.0 7

 Deferred and unpaid life insurance premiums:

 8 Liab.: Household sector 22.8 23.9 27.0 22.1 24.7 25.2 25.6 24.4 24.3 26.2 28.0 8

 9 Asset: Life insurance companies 22.8 23.9 27.0 22.1 24.7 25.2 25.6 24.4 24.3 26.2 28.0 9

 Life insurance company reserves:

10 Liab.: Life insurance companies 232.1 247.6 265.2 273.6 288.4 291.2 293.8 300.4 302.8 302.6 298.6 10

11 Accident and health 149.8 163.3 182.7 192.4 207.1 208.9 213.2 219.4 222.3 221.3 216.5 11

12 Policy dividend accumulation 43.5 43.7 40.4 39.2 39.7 39.9 38.6 38.5 37.9 38.1 38.5 12

13 Contract claims 38.8 40.6 42.1 42.0 41.6 42.4 41.9 42.6 42.6 43.2 43.7 13

14 Asset: Household sector 232.1 247.6 265.2 273.6 288.4 291.2 293.8 300.4 302.8 302.6 298.6 14

 Policy payables:

15 Liab.: Property-casualty insurance companies 715.8 734.5 759.9 754.8 761.2 760.7 773.9 781.4 796.4 789.6 791.1 15

16 Asset: Household sector 320.5 327.3 337.3 332.2 335.4 334.4 339.7 342.1 348.6 344.4 343.7 16

17 Nonfinancial corporate business 291.6 299.9 311.1 310.2 313.2 313.3 319.0 322.4 328.7 326.4 327.5 17

18 Nonfinancial noncorporate business 103.6 107.3 111.5 112.4 112.6 113.0 115.2 116.9 119.0 118.8 119.9 18

 Unallocated insurance company contracts:

19 Liab.: Life insurance companies 387.9 431.3 317.6 412.8 457.5 471.6 471.0 420.9 451.3 487.3 472.1 19

20 Asset: Private pension funds 387.9 431.3 317.6 412.8 457.5 471.6 471.0 420.9 451.3 487.3 472.1 20

 Pension fund contributions payable:

21 Liab.: Nonfinancial corporate business 42.8 47.2 47.9 50.5 49.2 49.0 49.0 49.1 49.4 49.7 50.0 21

22 Asset: Private pension funds 42.8 47.2 47.9 50.5 49.2 49.0 49.0 49.1 49.4 49.7 50.0 22

 Securities borrowed (net):

23 Liab.: Funding corporations 1242.3 1240.2 887.0 856.8 733.4 709.6 727.8 727.0 658.4 651.5 706.5 23

24 Asset: Brokers and dealers 1242.3 1240.2 887.0 856.8 733.4 709.6 727.8 727.0 658.4 651.5 706.5 24

 Nonmarketable government securities:

25 Liab.: Federal government 918.7 952.0 1015.3 1077.2 1142.9 1128.8 1042.1 1149.3 1213.7 1197.2 1203.5 25

26 Asset: Federal government retirement funds 918.7 952.0 1015.3 1077.2 1142.9 1128.8 1042.1 1149.3 1213.7 1197.2 1203.5 26

 Retiree health care funds (2):

27 Liab.: Federal government 93.5 137.3 163.8 180.4 202.9 202.8 196.5 205.4 221.4 220.3 223.1 27

28 Asset: Household sector 93.5 137.3 163.8 180.4 202.9 202.8 196.5 205.4 221.4 220.3 223.1 28

(1) Reciprocal currency arrangements (swap lines) with foreign central banks.

(2) Includes Uniform Services Retiree Health Care Fund and Postal Service Retiree Health Benefits Fund.
112 Z.1, September 20, 2012

L.231 Unidentified Miscellaneous Financial Claims

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

2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1 Q2

 1 Total liabilities 4471.3 5119.0 6987.3 6402.2 6639.4 6123.0 5824.4 6916.0 6079.4 5543.2 5998.1 1

 2 Nonfinancial corporate business 1894.1 1864.3 1961.6 1997.9 1924.1 1741.2 1558.6 1470.4 1342.2 1248.1 1188.4 2

 3 Nonfinancial noncorporate business 1002.5 1096.4 1210.7 1243.3 1278.1 1283.9 1290.5 1297.4 1300.0 1309.6 1309.1 3

 4 Federal government 5.1 4.9 4.3 4.0 3.6 3.5 3.4 3.3 3.2 3.1 3.0 4

 5 Rest of the world 1176.7 1369.5 1606.4 1744.5 2002.5 1774.4 1554.9 2476.5 1772.1 1321.0 1841.1 5

 6 Monetary authority 3.2 2.5 2.1 3.6 31.9 3.1 0.5 1.7 4.8 6.5 1.1 6

 7 U.S.-chartered depository institutions 57.7 53.3 120.6 29.4 177.0 176.9 215.8 238.4 231.1 248.1 264.2 7

 8 Foreign banking offices in U.S. -177.9 -35.6 501.1 120.5 152.4 173.1 246.5 466.2 403.1 332.2 374.6 8

 9 Banks in U.S.-affiliated areas 40.7 28.8 24.9 29.2 23.3 22.9 21.6 25.0 19.4 19.1 17.9 9

10 Credit unions 9.2 3.6 4.7 19.4 11.0 11.6 12.2 11.5 12.4 13.2 12.6 10

11 Life insurance companies 196.3 219.3 230.8 189.3 196.9 180.5 167.1 213.3 193.4 122.2 120.9 11

12 Government-sponsored enterprises 87.6 94.3 141.0 202.8 91.2 76.8 79.4 71.0 74.9 72.8 74.1 12

13 Finance companies 326.0 264.4 273.7 203.1 33.0 13.7 3.1 10.2 -1.1 -1.9 -22.8 13

14 REITs 63.0 67.6 64.9 51.1 66.0 70.1 72.1 75.3 74.4 90.0 79.5 14

15 Brokers and dealers -92.5 -71.7 -302.8 -733.7 -728.1 -762.5 -731.8 -770.1 -780.6 -949.5 -949.5 15

16 Holding companies 294.4 328.3 422.9 548.0 522.0 529.8 531.6 521.5 481.1 732.6 733.5 16

17 Funding corporations -414.6 -170.9 720.3 749.9 854.6 823.9 798.8 804.4 948.9 976.3 950.4 17

18 Total assets 11102.9 12485.1 12113.8 11900.1 12219.6 11902.3 11999.4 12862.0 12672.2 12494.4 12753.5 18

19 Nonfinancial corporate business 6068.7 6615.0 5974.8 5959.4 6378.5 6253.0 6208.6 6314.2 6636.1 6653.9 6715.2 19

20 Nonfinancial noncorporate business 1575.6 1902.0 2003.9 1921.3 1844.6 1839.4 1833.8 1830.9 1833.8 1837.3 1836.1 20

21 State and local governments -33.0 -10.9 6.6 19.4 35.4 22.1 13.2 8.3 -15.3 -19.0 -21.1 21

22 Federal government 91.0 91.4 62.0 94.3 84.5 83.6 83.3 83.0 83.2 80.2 79.9 22

23 Rest of the world 1843.3 2190.2 1884.9 1799.2 1907.3 1726.5 1805.7 2289.9 1903.0 1550.6 1708.7 23

24 Monetary authority 17.0 16.5 16.1 65.6 83.0 92.8 105.0 104.1 126.0 141.6 159.3 24

25 U.S.-chartered depository institutions 603.3 634.0 922.2 682.9 577.8 583.0 582.7 664.7 611.7 523.3 543.0 25

26 Foreign banking offices in U.S. -119.6 -104.9 259.7 143.9 148.7 182.6 252.0 374.8 371.4 300.2 350.3 26

27 Banks in U.S.-affiliated areas 5.9 12.1 11.1 6.5 11.0 10.9 11.9 16.7 11.8 11.8 15.8 27

28 Credit unions 23.0 33.4 41.5 48.2 39.7 40.6 18.5 21.4 12.1 9.0 16.1 28

29 Life insurance companies 258.9 291.2 324.9 304.5 288.2 267.8 279.8 324.0 328.1 347.6 366.9 29

30 Private pension funds 101.8 88.6 61.0 70.0 42.8 38.4 34.1 33.8 36.6 35.9 38.9 30

31 State and local govt. retirement funds 16.3 15.7 15.7 16.2 17.0 17.3 17.3 18.0 18.1 18.4 18.6 31

32 Mutual funds 14.0 16.8 20.0 14.9 2.9 5.5 13.4 14.4 5.7 18.2 18.3 32

33 Money market mutual funds 59.2 90.9 47.9 59.1 66.9 69.5 68.1 68.3 72.7 62.3 63.8 33

34 Government-sponsored enterprises 114.7 141.7 99.1 100.3 148.6 108.8 109.2 154.0 148.5 150.1 135.9 34

35 Finance companies -23.1 -147.8 -169.5 -109.5 -128.3 -133.1 -138.6 -117.8 -124.2 -132.0 -154.1 35

36 REITs 59.7 55.4 54.6 46.1 53.5 59.6 62.8 64.1 66.8 72.4 73.7 36

37 Brokers and dealers 113.0 208.1 31.3 67.5 61.1 63.6 63.7 40.9 35.5 58.8 39.2 37

38 Holding companies 313.2 345.9 446.0 590.3 556.7 570.3 574.8 554.4 510.4 773.7 749.1 38

39 Discrepancy -6631.6 -7366.1 -5126.5 -5497.9 -5580.2 -5779.3 -6175.0 -5946.1 -6592.9 -6951.2 -6755.5 39