64 Z.1, June 7, 2012

L.1 Credit Market Debt Outstanding (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total credit market debt owed by: 42136.2 46173.8 50897.6 53284.9 53188.7 53396.7 53606.1 53544.2 53890.1 54243.0 54584.0 1

 2 Domestic nonfinancial sectors 27665.4 30012.6 32547.5 34453.4 35390.1 36861.8 37086.4 37208.0 37707.2 38195.4 38631.2 2

 3 Household sector 11701.4 12834.6 13680.9 13665.5 13394.5 13115.6 12994.7 12916.9 12913.8 12930.0 12848.9 3

 4 Nonfinancial corporate business 5741.8 6258.8 7101.9 7445.2 7231.8 7533.3 7647.0 7788.4 7911.5 8031.6 8147.5 4

 5 Nonfinancial noncorporate business 2897.7 3313.0 3774.6 4093.4 3959.1 3761.8 3753.1 3751.1 3752.2 3773.3 3783.9 5

 6 State and local governments 2622.6 2720.9 2867.8 2887.8 2999.3 3065.5 3045.7 3013.0 3002.2 3006.8 2998.9 6

 7 Federal government 4701.9 4885.3 5122.3 6361.5 7805.4 9385.6 9645.9 9738.6 10127.6 10453.6 10851.9 7

 8 Rest of the world 1513.9 1882.6 2126.3 1708.8 2090.3 2273.1 2325.9 2321.4 2284.4 2253.8 2263.1 8

 9 Financial sectors 12956.9 14278.6 16223.8 17122.7 15708.3 14261.8 14193.9 14014.9 13898.4 13793.8 13689.8 9

10 U.S.-chartered depository institutions 727.8 768.3 990.9 989.8 717.4 942.4 906.6 887.9 868.0 868.7 840.8 10

11 Foreign banking offices in U.S. 0.8 0.5 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

12 Credit unions 14.7 18.9 32.3 40.6 26.5 26.1 23.7 22.8 23.7 24.2 22.9 12

13 Life insurance companies 11.5 14.2 28.7 54.9 48.3 45.1 45.5 46.2 46.4 46.8 48.5 13

14 Government-sponsored enterprises 2592.2 2627.8 2910.2 3181.9 2706.6 6434.5 6437.3 6317.3 6282.7 6247.3 6178.6 14

15 Agency- and GSE-backed mortgage pools 3548.5 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 15

16 ABS issuers 3393.5 4179.9 4534.1 4123.1 3308.0 2278.4 2191.6 2139.3 2069.0 2019.4 1960.6 16

17 Finance companies 1108.6 1144.2 1279.6 1200.3 1044.1 962.1 949.6 917.4 918.1 915.3 909.7 17

18 REITs 395.5 411.0 421.2 367.4 317.4 315.2 326.4 330.6 334.1 343.4 347.4 18

19 Brokers and dealers 62.4 68.8 64.8 142.6 92.9 129.7 128.2 110.1 99.2 91.8 98.0 19

20 Holding companies 481.8 558.7 710.6 807.9 1253.7 1237.2 1258.1 1269.7 1248.8 1220.8 1235.8 20

21 Funding corporations 619.9 645.3 786.4 1252.8 816.8 751.4 739.8 737.7 731.0 711.4 717.6 21

22 Total credit market assets held by: 42136.2 46173.8 50897.6 53284.9 53188.7 53396.7 53606.1 53544.2 53890.1 54243.0 54584.0 22

23 Domestic nonfinancial sectors 6332.4 6523.4 7152.9 6985.1 7514.9 7831.8 7833.6 7583.6 7518.0 7451.0 7419.4 23

24 Household sector 4298.4 4434.2 5047.8 4973.7 5243.8 5423.1 5417.0 5215.0 5188.0 5147.7 5119.5 24

25 Nonfinancial corporate business 340.4 328.3 250.4 214.0 221.6 236.8 225.6 223.6 212.8 217.9 224.5 25

26 Nonfinancial noncorporate business 96.8 96.7 106.7 95.8 89.1 85.7 85.6 85.6 85.7 86.0 86.2 26

27 State and local governments 1323.0 1389.0 1466.9 1335.2 1298.5 1339.3 1327.2 1302.4 1270.0 1254.9 1237.3 27

28 Federal government 273.8 275.2 281.1 366.4 661.8 746.9 778.2 757.0 761.4 744.7 751.9 28

29 Rest of the world 5191.3 6199.7 7272.6 7504.6 7724.2 8374.4 8397.6 8393.5 8558.2 8575.7 8623.8 29

30 Financial sectors 30612.5 33450.7 36472.1 38795.1 37949.7 37190.6 37374.9 37567.1 37814.0 38216.3 38540.8 30

31 Monetary authority 744.2 778.9 740.6 986.0 1987.7 2259.2 2479.2 2700.4 2686.1 2635.6 2613.4 31

32 U.S.-chartered depository institutions 8011.3 8628.6 9201.0 9442.9 9131.1 9341.5 9211.3 9185.9 9299.0 9468.4 9462.8 32

33 Foreign banking offices in U.S. 657.8 761.6 963.3 1063.8 777.9 747.1 757.6 773.4 804.4 784.9 775.5 33

34 Banks in U.S.-affiliated areas 101.0 99.3 92.8 90.9 88.1 68.9 67.6 65.2 63.7 64.0 63.9 34

35 Credit unions 592.5 622.6 657.9 697.8 731.0 755.6 765.4 774.3 781.6 790.8 805.4 35

36 Property-casualty insurance companies 819.3 864.1 869.3 853.4 886.7 890.6 895.2 890.3 890.6 918.1 927.4 36

37 Life insurance companies 2753.9 2786.4 2871.2 2882.8 3022.6 3174.2 3215.5 3244.5 3296.9 3323.9 3343.6 37

38 Private pension funds 699.9 758.3 860.8 951.4 1063.0 1122.4 1130.9 1133.8 1153.0 1161.2 1168.2 38

39 State and local govt. retirement funds 693.4 808.0 820.3 833.5 824.7 816.5 825.0 820.5 835.6 834.8 840.5 39

40 Federal government retirement funds 76.0 84.3 96.1 120.3 127.7 138.7 142.2 146.1 154.2 158.1 159.5 40

41 Money market mutual funds 1340.8 1560.8 1936.4 2675.0 2031.0 1621.0 1582.4 1521.0 1527.2 1628.2 1569.7 41

42 Mutual funds 1747.1 1932.0 2203.1 2276.4 2657.2 3031.4 3160.9 3267.8 3317.9 3458.9 3680.8 42

43 Closed-end funds 165.8 171.8 170.9 129.9 139.5 144.4 146.6 147.2 142.4 143.3 141.4 43

44 Exchange-traded funds 15.0 20.7 34.0 57.0 102.9 132.6 138.0 148.9 160.4 171.4 180.7 44

45 Government-sponsored enterprises 2543.9 2590.5 2829.5 3037.5 2699.7 6333.1 6327.9 6252.4 6176.5 6133.4 6095.8 45

46 Agency- and GSE-backed mortgage pools 3548.5 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 46

47 ABS issuers 3289.6 4068.1 4419.3 4024.9 3244.4 2224.6 2136.1 2086.3 2019.7 1970.1 1913.6 47

48 Finance companies 1740.6 1809.2 1816.3 1734.4 1516.7 1539.2 1519.6 1491.2 1490.4 1488.1 1467.0 48

49 REITs 240.3 266.4 246.5 177.6 168.9 206.0 258.0 288.4 308.5 308.9 365.2 49

50 Brokers and dealers 477.2 583.4 803.1 717.4 525.3 557.5 556.8 549.6 511.2 567.2 610.9 50

51 Holding companies 32.2 36.0 59.1 73.0 75.8 97.9 105.7 105.3 110.5 101.1 178.8 51

52 Funding corporations 322.2 378.7 316.0 1007.7 770.9 848.6 766.0 738.5 806.9 801.2 847.0 52

(1) Excludes corporate equities and mutual fund shares.
Z.1, June 7, 2012 65

L.2 Credit Market Debt Owed by Nonfinancial Sectors

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Domestic 27665.4 30012.6 32547.5 34453.4 35390.1 36861.8 37086.4 37208.0 37707.2 38195.4 38631.2 1

 2 By instrument 27665.4 30012.6 32547.5 34453.4 35390.1 36861.8 37086.4 37208.0 37707.2 38195.4 38631.2 2

 3 Commercial paper 90.1 112.5 123.8 131.5 58.4 82.9 110.5 106.9 124.7 116.3 127.6 3

 4 Treasury securities 4678.0 4861.7 5099.2 6338.2 7781.9 9361.5 9621.4 9714.1 10102.6 10428.3 10827.5 4

 5 Agency- and GSE-backed securities 23.8 23.5 23.1 23.3 23.5 24.2 24.5 24.5 25.0 25.3 24.4 5

 6 Municipal securities 3043.9 3212.2 3448.1 3543.4 3697.9 3795.6 3778.6 3750.5 3733.6 3743.4 3732.1 6

 7 Corporate bonds 3156.1 3364.4 3675.5 3881.0 4268.6 4691.4 4792.4 4907.8 4988.8 5076.8 5192.5 7

 8 Depository institution loans n.e.c. 1245.6 1430.0 1664.5 1852.8 1500.5 1477.8 1463.4 1450.1 1501.2 1566.0 1607.1 8

 9 Other loans and advances 1167.7 1314.9 1620.4 1688.2 1458.4 1369.1 1368.1 1401.8 1417.8 1430.3 1436.2 9

10 Mortgages 11939.6 13308.6 14364.4 14446.4 14162.4 13647.8 13544.9 13447.0 13361.7 13300.9 13189.3 10

11 Home 9399.1 10464.6 11176.0 11071.1 10872.9 10526.9 10450.3 10382.5 10324.0 10268.2 10178.7 11

12 Multifamily residential 640.5 676.6 761.9 812.6 820.1 810.1 810.3 810.2 811.1 816.6 816.7 12

13 Commercial 1795.2 2059.4 2313.9 2428.0 2338.0 2174.6 2149.0 2120.1 2093.4 2083.8 2062.7 13

14 Farm 104.8 108.0 112.7 134.7 131.3 136.3 135.3 134.3 133.2 132.2 131.2 14

15 Consumer credit 2320.6 2384.6 2528.5 2548.6 2438.5 2411.6 2382.6 2405.4 2451.8 2508.2 2494.5 15

16 By sector 27665.4 30012.6 32547.5 34453.4 35390.1 36861.8 37086.4 37208.0 37707.2 38195.4 38631.2 16

17 Household sector 11701.4 12834.6 13680.9 13665.5 13394.5 13115.6 12994.7 12916.9 12913.8 12930.0 12848.9 17

18 Nonfinancial business 8639.5 9571.8 10876.5 11538.6 11190.9 11295.1 11400.2 11539.5 11663.7 11804.9 11931.5 18

19 Corporate 5741.8 6258.8 7101.9 7445.2 7231.8 7533.3 7647.0 7788.4 7911.5 8031.6 8147.5 19

20 Noncorporate 2897.7 3313.0 3774.6 4093.4 3959.1 3761.8 3753.1 3751.1 3752.2 3773.3 3783.9 20

21 State and local governments 2622.6 2720.9 2867.8 2887.8 2999.3 3065.5 3045.7 3013.0 3002.2 3006.8 2998.9 21

22 Federal government 4701.9 4885.3 5122.3 6361.5 7805.4 9385.6 9645.9 9738.6 10127.6 10453.6 10851.9 22

 Foreign credit market debt

23 held in U.S. 1513.9 1882.6 2126.3 1708.8 2090.3 2273.1 2325.9 2321.4 2284.4 2253.8 2263.1 23

24 Commercial paper 384.0 482.3 413.0 342.0 401.3 398.6 428.2 417.2 352.5 345.1 362.6 24

25 Bonds 1011.6 1275.5 1587.1 1237.3 1570.3 1737.3 1748.3 1751.8 1769.1 1742.4 1723.4 25

26 Depository institution loans n.e.c. 84.4 98.3 102.8 107.9 96.8 115.1 127.1 130.5 140.9 144.3 153.6 26

27 Other loans and advances 34.0 26.6 23.4 21.6 21.9 22.1 22.2 21.9 21.8 22.0 23.5 27

28 Domestic and foreign 29179.3 31895.2 34673.8 36162.2 37480.4 39135.0 39412.2 39529.3 39991.7 40449.2 40894.3 28

L.3 Credit Market Debt Owed by Financial Sectors

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

 1 By instrument 12956.9 14278.6 16223.8 17122.7 15708.3 14261.8 14193.9 14014.9 13898.4 13793.8 13689.8 1

 2 Open market paper 1170.2 1363.2 1251.8 1125.8 677.6 575.9 592.5 557.5 527.2 507.8 504.2 2

 3 GSE issues 2592.2 2627.8 2910.2 3181.9 2706.6 6434.5 6437.3 6317.3 6282.7 6247.3 6178.6 3

 4 Agency- and GSE-backed mortgage pool sec. 3548.5 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 4

 5 Corporate bonds 4652.7 5440.1 6280.4 6000.1 5737.9 5109.9 5011.2 4914.0 4845.9 4767.8 4769.3 5

 6 Depository institution loans n.e.c. 227.7 213.0 293.1 789.5 424.7 361.8 354.5 391.8 382.0 376.8 341.2 6

 7 Other loans and advances 620.2 641.4 867.1 900.5 617.9 473.2 442.5 424.8 408.7 413.1 389.5 7

 8 Mortgages 145.5 152.1 156.7 163.5 166.9 167.1 168.9 173.5 174.5 176.2 177.0 8

 9 By sector 12956.9 14278.6 16223.8 17122.7 15708.3 14261.8 14193.9 14014.9 13898.4 13793.8 13689.8 9

10 U.S.-chartered depository institutions 727.8 768.3 990.9 989.8 717.4 942.4 906.6 887.9 868.0 868.7 840.8 10

11 Foreign banking offices in U.S. 0.8 0.5 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

12 Credit unions 14.7 18.9 32.3 40.6 26.5 26.1 23.7 22.8 23.7 24.2 22.9 12

13 Life insurance companies 11.5 14.2 28.7 54.9 48.3 45.1 45.5 46.2 46.4 46.8 48.5 13

14 Government-sponsored enterprises 2592.2 2627.8 2910.2 3181.9 2706.6 6434.5 6437.3 6317.3 6282.7 6247.3 6178.6 14

15 Agency- and GSE-backed mortgage pools 3548.5 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 15

16 ABS issuers 3393.5 4179.9 4534.1 4123.1 3308.0 2278.4 2191.6 2139.3 2069.0 2019.4 1960.6 16

17 Finance companies 1108.6 1144.2 1279.6 1200.3 1044.1 962.1 949.6 917.4 918.1 915.3 909.7 17

18 REITs 395.5 411.0 421.2 367.4 317.4 315.2 326.4 330.6 334.1 343.4 347.4 18

19 Brokers and dealers 62.4 68.8 64.8 142.6 92.9 129.7 128.2 110.1 99.2 91.8 98.0 19

20 Holding companies 481.8 558.7 710.6 807.9 1253.7 1237.2 1258.1 1269.7 1248.8 1220.8 1235.8 20

21 Funding corporations 619.9 645.3 786.4 1252.8 816.8 751.4 739.8 737.7 731.0 711.4 717.6 21
66 Z.1, June 7, 2012

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

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total 42136.2 46173.8 50897.6 53284.9 53188.7 53396.7 53606.1 53544.2 53890.1 54243.0 54584.0 1

 2 Open market paper 1644.2 1958.0 1788.6 1599.3 1137.4 1057.5 1131.2 1081.6 1004.4 969.2 994.4 2

 3 Treasury securities 4678.0 4861.7 5099.2 6338.2 7781.9 9361.5 9621.4 9714.1 10102.6 10428.3 10827.5 3

 4 Agency- and GSE-backed securities 6164.5 6492.4 7397.7 8166.7 8106.8 7598.2 7648.7 7577.8 7585.0 7577.4 7533.0 4

 5 Municipal securities 3043.9 3212.2 3448.1 3543.4 3697.9 3795.6 3778.6 3750.5 3733.6 3743.4 3732.1 5

 6 Corporate and foreign bonds 8820.4 10080.0 11543.0 11118.3 11576.9 11538.5 11551.9 11573.6 11603.9 11587.0 11685.2 6

 7 Depository institution loans n.e.c. 1557.7 1741.3 2060.4 2750.2 2022.0 1954.6 1945.0 1972.3 2024.1 2087.1 2102.0 7

 8 Other loans and advances 1821.9 1982.9 2511.0 2610.2 2098.1 1864.4 1832.9 1848.4 1848.3 1865.4 1849.2 8

 9 Mortgages 12085.0 13460.7 14521.1 14609.9 14329.2 13814.9 13713.8 13620.5 13536.2 13477.0 13366.3 9

10 Consumer credit 2320.6 2384.6 2528.5 2548.6 2438.5 2411.6 2382.6 2405.4 2451.8 2508.2 2494.5 10

 Memo:

 Selected claims not included above:

11 Corporate equities 20636.1 24339.3 25580.9 15640.5 20123.2 23249.5 24780.0 24657.4 20561.6 22522.2 25187.5 11

12 Mutual fund shares 6048.9 7068.3 7829.0 5435.3 6961.6 7934.5 8471.9 8570.5 7532.8 8000.5 8835.7 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) 42136.2 46173.8 50897.6 53284.9 53188.7 53396.7 53606.1 53544.2 53890.1 54243.0 54584.0 1

 2 U.S. official reserve assets 61.1 62.2 67.3 74.2 175.1 175.8 184.3 189.3 186.4 183.8 184.5 2

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

 4 Treasury currency 27.5 28.1 27.4 26.6 26.2 25.9 25.9 25.9 25.9 25.9 25.9 4

 5 Foreign deposits 997.8 1085.0 1340.9 946.7 840.6 912.3 957.7 941.7 931.5 848.4 838.2 5

 6 Net interbank liabilities 161.4 190.3 136.3 1922.9 1325.5 1147.7 1847.7 2025.2 2081.0 1984.8 1985.1 6

 7 Checkable deposits and currency 1527.2 1507.3 1532.9 2101.3 2093.4 2359.8 2193.3 2314.6 2403.7 2594.3 2523.3 7

 8 Small time and savings deposits 4598.1 4945.1 5224.5 5749.3 6326.5 6624.9 6741.5 6898.8 7065.7 7202.2 7403.8 8

 9 Large time deposits 1789.5 2050.8 2382.2 2191.6 1989.8 1807.5 1811.8 1815.3 1658.4 1603.0 1504.3 9

10 Money market fund shares 2006.9 2312.1 3033.1 3757.3 3258.3 2755.3 2679.4 2637.8 2578.4 2642.5 2535.4 10

11 Security RPs 1741.2 2137.7 2118.5 1238.2 1488.4 1272.3 1312.7 1258.2 1102.1 1140.7 1187.8 11

12 Mutual fund shares 6048.9 7068.3 7829.0 5435.3 6961.6 7934.5 8471.9 8570.5 7532.8 8000.5 8835.7 12

13 Security credit 1038.4 1249.9 1526.4 1128.5 1091.2 1214.8 1258.1 1323.8 1380.9 1312.1 1375.5 13

14 Life insurance reserves 1082.6 1163.7 1201.5 1179.8 1242.1 1278.3 1297.8 1311.2 1318.5 1349.1 1370.9 14

15 Pension fund reserves 11460.1 12750.6 13390.7 10408.5 11914.5 13090.7 13487.7 13405.8 12438.6 13147.1 13950.1 15

16 Trade payables 3003.6 3195.9 3398.0 3228.0 3202.9 3389.7 3441.7 3508.4 3563.4 3623.3 3677.3 16

17 Taxes payable 214.5 237.0 167.7 44.0 40.6 55.8 81.8 70.0 72.0 70.6 86.6 17

18 Miscellaneous 14328.9 15692.2 17538.8 20072.2 19960.3 20912.4 20782.2 20848.0 22153.4 22161.7 22338.3 18

19 Total liabilities 92226.1 101852.2 111815.2 112791.3 115130.9 118359.6 120186.7 120694.0 120388.1 122138.3 124412.0 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 20636.1 24339.3 25580.9 15640.5 20123.2 23249.5 24780.0 24657.4 20561.6 22522.2 25187.5 21

22 Household equity in noncorp. bus. 8872.6 9197.0 9335.2 7723.8 6472.1 7069.7 7219.9 7151.1 7283.2 7444.3 7442.8 22

 - Liabilities not identified as assets:

23 Treasury currency -9.1 -10.1 -11.3 -12.1 -16.5 -17.6 -17.9 -18.0 -18.2 -18.3 -18.5 23

24 Foreign deposits 779.5 886.3 1082.9 735.8 661.4 710.5 742.7 728.4 746.8 700.4 708.1 24

25 Net interbank transactions -41.8 -45.0 -41.8 -17.5 5.1 -17.7 -1.3 4.4 9.9 -5.3 -9.5 25

26 Security RPs 687.0 868.5 628.0 32.6 410.9 294.3 223.7 207.5 186.3 184.3 293.4 26

27 Taxes payable -18.1 -48.1 -174.8 -345.3 -375.5 -393.0 -376.4 -396.8 -391.0 -403.3 -392.9 27

28 Miscellaneous -5476.3 -6621.3 -7351.3 -5107.4 -5559.6 -5479.8 -5544.4 -5751.1 -5491.9 -5481.4 -5309.3 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. 1.8 0.1 2.8 1.2 2.0 2.5 2.6 3.5 1.7 2.5 2.9 30

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

32 Trade credit 13.8 170.5 118.8 127.3 201.4 255.1 206.1 163.4 167.2 271.3 233.0 32

33 Totals identified to sectors as assets 125801.6 140191.2 152481.7 140746.7 146403.8 153332.5 156959.4 157568.7 153029.1 156861.7 161542.5 33
Z.1, June 7, 2012 67

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

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 38624.6 43346.9 46429.2 38840.0 42859.4 45804.1 47371.3 47284.6 44398.0 46266.3 48576.4 1

 2 Foreign deposits 59.9 65.2 80.5 56.9 50.5 54.8 57.5 56.6 56.0 51.0 45.4 2

 3 Checkable deposits and currency 659.9 694.6 675.9 869.0 913.5 868.0 870.6 951.6 1057.5 1182.9 1184.2 3

 4 Time and savings deposits 5261.2 5766.8 6273.9 6476.8 6585.2 6773.2 6873.2 7005.2 7080.0 7173.5 7269.8 4

 5 Money market fund shares 1018.2 1186.6 1421.0 1657.2 1386.8 1200.6 1169.4 1157.6 1171.8 1178.3 1126.2 5

 6 Securities 15970.0 18196.0 19210.7 13978.9 16729.3 18548.6 19621.6 19350.0 17167.2 18103.8 19552.7 6

 7 Open market paper 98.4 117.5 107.3 6.0 34.6 63.4 67.9 64.9 60.3 58.2 51.7 7

 8 U.S. savings bonds 205.1 202.4 196.4 194.0 191.2 187.9 186.8 186.0 185.1 185.2 184.7 8

 9 Treasury bills and other Treasury securities 321.8 253.6 127.6 114.4 670.5 1063.5 984.5 832.4 916.2 974.6 1168.1 9

10 Agency- and GSE-backed securities 513.5 443.1 693.3 736.9 141.9 126.0 208.8 186.2 139.5 93.1 15.6 10

11 Municipal securities 1643.5 1687.1 1730.7 1772.1 1901.6 1959.5 1970.9 1946.2 1925.4 1896.7 1851.6 11

12 Corporate and foreign bonds 1428.6 1661.4 2129.8 2066.2 2227.0 1955.7 1934.6 1938.6 1902.9 1887.1 1801.3 12

13 Corporate equities (2) 8083.5 9632.9 9614.8 5742.5 7397.6 8579.2 9303.2 9174.1 7629.8 8356.8 9288.2 13

14 Mutual fund shares 3675.5 4198.1 4610.9 3346.8 4164.9 4613.4 4965.0 5021.6 4408.1 4652.2 5191.4 14

15 Life insurance reserves 1082.6 1055.2 1076.8 1049.8 1109.2 1137.2 1155.3 1167.8 1172.6 1200.8 1202.9 15

16 Pension fund reserves 11460.1 12750.6 13390.7 10408.5 11914.5 13090.7 13487.7 13405.8 12438.6 13147.1 13950.1 16

17 Life insurance companies 2197.4 2332.4 2450.8 2184.6 2323.0 2504.7 2565.6 2586.6 2513.1 2562.9 2651.8 17

18 Private pension funds 5427.8 6120.5 6444.8 4588.0 5507.4 6136.6 6367.7 6361.8 5726.5 6106.9 6576.8 18

19 Governments 3834.9 4297.6 4495.1 3635.9 4084.2 4449.4 4554.3 4457.4 4199.1 4477.4 4721.5 19

20 Miscellaneous and other assets 3112.6 3631.9 4299.6 4342.9 4170.4 4131.1 4136.0 4190.0 4254.2 4229.0 4245.2 20

21 Total liabilities 16322.6 18113.1 19593.8 19888.7 19567.0 19200.3 19120.9 19053.8 19004.8 19042.5 19006.8 21

22 Home mortgages 9368.0 10425.3 11133.7 11038.4 10852.6 10513.3 10437.9 10371.1 10313.3 10258.0 10168.7 22

23 Other mortgages 1788.6 2015.4 2301.9 2529.9 2551.9 2444.1 2435.4 2425.9 2416.4 2420.3 2406.0 23

24 Consumer credit 2320.6 2384.6 2528.5 2548.6 2438.5 2411.6 2382.6 2405.4 2451.8 2508.2 2494.5 24

25 Policy loans 107.6 110.9 114.5 120.4 121.1 124.5 124.8 125.5 126.4 127.0 126.9 25

26 Security credit 232.4 292.1 325.5 164.8 203.0 278.2 315.7 312.8 251.9 238.5 267.7 26

27 Other liabilities 2505.5 2884.8 3189.7 3486.6 3399.9 3428.6 3424.4 3413.0 3444.8 3490.5 3542.9 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, June 7, 2012

L.100 Households and Nonprofit Organizations (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 44888.8 49417.6 52156.8 42861.1 45727.0 49404.5 51124.8 50968.2 48211.7 50229.4 52524.1 1

 2 Deposits 6232.1 6847.9 7502.0 8107.1 7969.1 7966.4 8041.1 8241.0 8434.3 8651.1 8688.4 2

 3 Foreign deposits 59.9 65.2 80.5 56.9 50.5 54.8 57.5 56.6 56.0 51.0 45.4 3

 4 Checkable deposits and currency 285.8 245.8 160.2 349.6 373.6 348.3 351.1 431.7 536.8 660.2 659.9 4

 5 Time and savings deposits 4937.1 5422.4 5914.6 6118.8 6231.9 6433.6 6533.9 6665.9 6740.5 6832.8 6928.2 5

 6 Money market fund shares 949.2 1114.5 1346.7 1581.8 1313.1 1129.7 1098.6 1086.8 1101.0 1107.2 1054.9 6

 7 Credit market instruments 4298.4 4434.2 5047.8 4973.7 5243.8 5423.1 5417.0 5215.0 5188.0 5147.7 5119.5 7

 8 Open market paper 98.4 117.5 107.3 6.0 34.6 63.4 67.9 64.9 60.3 58.2 51.7 8

 9 Treasury securities 470.7 399.6 264.6 256.5 815.5 1207.0 1126.9 974.1 1056.9 1115.3 1308.2 9

10 Savings bonds 205.1 202.4 196.4 194.0 191.2 187.9 186.8 186.0 185.1 185.2 184.7 10

11 Bills and other Treasury securities 265.6 197.2 68.3 62.6 624.3 1019.1 940.2 788.1 871.8 930.1 1123.5 11

12 Agency- and GSE-backed securities 513.5 443.1 693.3 736.9 141.9 126.0 208.8 186.2 139.5 93.1 15.6 12

13 Municipal securities 1639.1 1681.4 1725.4 1767.2 1896.5 1954.6 1966.0 1941.4 1920.5 1891.8 1846.7 13

14 Corporate and foreign bonds 1428.6 1661.4 2129.8 2066.2 2227.0 1955.7 1934.6 1938.6 1902.9 1887.1 1801.3 14

15 Other loans and advances (2) 8.7 9.1 17.6 29.7 26.8 26.2 25.2 25.7 25.5 23.4 21.4 15

16 Mortgages 139.5 122.2 109.8 111.2 101.5 90.2 87.6 84.3 82.4 78.8 74.6 16

17 Corporate equities (3) 8083.5 9632.9 9614.8 5742.5 7397.6 8579.2 9303.2 9174.1 7629.8 8356.8 9288.2 17

18 Mutual fund shares 3675.5 4198.1 4610.9 3346.8 4164.9 4613.4 4965.0 5021.6 4408.1 4652.2 5191.4 18

19 Security credit 575.3 655.7 866.4 742.7 668.6 694.3 703.3 757.7 804.9 752.3 762.3 19

20 Life insurance reserves 1082.6 1055.2 1076.8 1049.8 1109.2 1137.2 1155.3 1167.8 1172.6 1200.8 1202.9 20

21 Pension fund reserves 11460.1 12750.6 13390.7 10408.5 11914.5 13090.7 13487.7 13405.8 12438.6 13147.1 13950.1 21

22 Equity in noncorporate business 8872.6 9197.0 9335.2 7723.8 6472.1 7069.7 7219.9 7151.1 7283.2 7444.3 7442.8 22

23 Miscellaneous assets 608.7 646.1 712.2 766.3 787.1 830.6 832.3 834.1 852.3 877.2 878.4 23

24 Total liabilities 12142.5 13349.4 14244.8 14094.1 13872.3 13692.7 13614.7 13538.0 13476.1 13481.0 13432.6 24

25 Credit market instruments 11701.4 12834.6 13680.9 13665.5 13394.5 13115.6 12994.7 12916.9 12913.8 12930.0 12848.9 25

26 Home mortgages (4) 8891.0 9874.1 10548.7 10497.4 10353.1 10051.3 9983.1 9922.9 9869.9 9818.7 9733.7 26

27 Consumer credit 2320.6 2384.6 2528.5 2548.6 2438.5 2411.6 2382.6 2405.4 2451.8 2508.2 2494.5 27

28 Municipal securities 213.7 230.1 250.7 258.7 264.6 262.3 261.9 260.7 256.1 254.4 252.3 28

29 Depository institution loans n.e.c. (5) -15.8 31.3 22.1 26.7 10.4 73.2 51.2 13.5 22.7 35.8 57.5 29

30 Other loans and advances 119.0 123.8 127.0 133.2 133.7 136.1 136.4 136.9 137.8 138.1 137.8 30

31 Commercial mortgages 172.8 190.7 204.0 200.9 194.0 181.2 179.4 177.4 175.4 174.8 173.1 31

32 Security credit 232.4 292.1 325.5 164.8 203.0 278.2 315.7 312.8 251.9 238.5 267.7 32

33 Trade payables 186.3 199.9 214.5 236.7 252.7 274.1 279.1 282.6 286.0 288.2 289.8 33

 Deferred and unpaid

34 life insurance premiums 22.4 22.8 23.9 27.0 22.1 24.7 25.2 25.6 24.4 24.3 26.2 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, June 7, 2012 69

L.101 Nonfinancial Business (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 14505.3 15784.0 17358.0 16630.8 16933.5 17646.5 17791.1 18029.2 18222.3 18544.2 18809.2 1

 2 Foreign deposits 63.6 49.3 50.3 24.7 31.5 41.1 48.2 44.5 42.0 38.4 36.1 2

 3 Checkable deposits and currency 642.1 599.6 658.8 550.0 710.3 846.0 879.2 865.5 899.9 902.5 897.5 3

 4 Time and savings deposits 774.5 841.4 800.7 740.0 842.1 851.0 853.2 890.0 880.6 877.7 899.5 4

 5 Money market fund shares 421.2 493.4 622.8 786.0 715.4 555.7 540.5 528.8 511.5 523.1 505.0 5

 6 Security RPs 14.6 15.5 8.1 7.2 7.9 12.1 12.6 11.9 11.0 10.9 11.7 6

 7 Credit market instruments 437.2 425.0 357.1 309.8 310.7 322.5 311.2 309.2 298.5 303.8 310.7 7

 8 Commercial paper 111.0 122.7 69.5 57.3 56.0 67.8 70.5 68.6 56.2 57.2 66.1 8

 9 Treasury securities 108.3 101.8 97.7 82.3 89.1 92.2 86.6 84.4 87.4 90.5 90.3 9

10 Agency- and GSE-backed securities 17.4 15.2 12.8 10.2 14.3 15.9 14.1 16.7 14.4 15.3 15.2 10

11 Municipal securities 36.6 33.9 34.5 31.1 32.2 29.0 24.5 24.2 24.9 24.6 24.7 11

12 Mortgages 104.4 94.5 83.5 72.8 67.5 64.5 64.1 63.7 63.3 63.1 62.8 12

13 Consumer credit 59.6 57.0 59.3 56.3 51.7 53.1 51.5 51.7 52.2 53.1 51.5 13

14 Mutual fund shares 134.4 173.1 178.0 106.2 161.9 186.6 190.2 186.6 162.9 167.5 177.1 14

15 Trade receivables 2539.2 2561.4 2778.0 2607.3 2552.4 2664.6 2762.8 2867.8 2909.2 2866.3 2957.0 15

16 Miscellaneous assets 9478.6 10625.3 11904.3 11499.6 11601.4 12167.0 12193.1 12324.9 12506.7 12854.0 13014.7 16

17 Total liabilities 15362.3 16585.1 18264.9 19019.5 18593.0 18871.3 18916.2 19006.9 19137.3 19300.8 19461.0 17

18 Credit market instruments 8639.5 9571.8 10876.5 11538.6 11190.9 11295.1 11400.2 11539.5 11663.7 11804.9 11931.5 18

19 Commercial paper 90.1 112.5 123.8 131.5 58.4 82.9 110.5 106.9 124.7 116.3 127.6 19

20 Municipal securities 218.2 272.4 341.5 409.7 447.5 482.3 485.4 491.4 490.3 497.4 496.3 20

21 Corporate bonds 3156.1 3364.4 3675.5 3881.0 4268.6 4691.4 4792.4 4907.8 4988.8 5076.8 5192.5 21

22 Depository institution loans n.e.c. 1261.4 1398.7 1642.4 1826.1 1490.1 1404.6 1412.1 1436.6 1478.5 1530.2 1549.6 22

23 Other loans and advances 1038.1 1179.9 1481.5 1542.3 1311.1 1218.6 1217.2 1250.2 1265.0 1276.9 1283.0 23

24 Mortgages 2875.7 3243.8 3611.8 3748.0 3615.2 3415.4 3382.5 3346.7 3316.4 3307.4 3282.4 24

25 Trade payables 2035.1 2161.7 2272.8 2053.4 1975.8 2119.7 2143.3 2204.2 2250.2 2308.6 2340.9 25

26 Taxes payable 172.9 181.1 135.3 145.1 135.6 137.9 155.6 145.4 151.6 142.8 158.8 26

27 Miscellaneous liabilities 4514.7 4670.5 4980.3 5282.4 5290.7 5318.6 5217.2 5117.9 5071.7 5044.5 5029.9 27

(1) Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
70 Z.1, June 7, 2012

L.102 Nonfinancial Corporate Business

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 11908.6 12667.6 13762.1 12937.7 13341.1 14190.9 14338.1 14574.9 14764.5 15073.8 15328.9 1

 2 Foreign deposits 63.6 49.3 50.3 24.7 31.5 41.1 48.2 44.5 42.0 38.4 36.1 2

 3 Checkable deposits and currency 268.0 150.8 143.2 30.6 170.4 326.2 359.7 345.6 379.3 379.8 373.1 3

 4 Time and savings deposits 450.4 497.0 441.3 381.9 488.8 511.4 514.0 550.7 541.1 537.0 558.0 4

 5 Money market fund shares 352.2 421.3 548.5 710.6 641.7 484.8 469.8 458.0 440.7 452.0 433.7 5

 6 Security RPs 14.6 15.5 8.1 7.2 7.9 12.1 12.6 11.9 11.0 10.9 11.7 6

 7 Credit market instruments 340.4 328.3 250.4 214.0 221.6 236.8 225.6 223.6 212.8 217.9 224.5 7

 8 Commercial paper 111.0 122.7 69.5 57.3 56.0 67.8 70.5 68.6 56.2 57.2 66.1 8

 9 Treasury securities 52.1 45.5 38.3 30.5 43.0 47.8 42.3 40.1 43.1 46.0 45.7 9

10 Agency- and GSE-backed securities 17.4 15.2 12.8 10.2 14.3 15.9 14.1 16.7 14.4 15.3 15.2 10

11 Municipal securities 32.1 28.1 29.2 26.2 27.1 24.1 19.6 19.3 20.0 19.7 19.8 11

12 Mortgages 68.3 59.8 41.4 33.6 29.5 28.0 27.7 27.3 26.9 26.5 26.2 12

13 Consumer credit 59.6 57.0 59.3 56.3 51.7 53.1 51.5 51.7 52.2 53.1 51.5 13

14 Mutual fund shares 134.4 173.1 178.0 106.2 161.9 186.6 190.2 186.6 162.9 167.5 177.1 14

15 Trade receivables 2108.2 2090.5 2252.4 2084.6 2056.0 2187.4 2286.2 2391.2 2432.2 2387.6 2477.1 15

16 Miscellaneous assets 8176.9 8941.7 9890.0 9377.9 9561.4 10204.4 10231.9 10362.9 10542.5 10882.6 11037.7 16

17 U.S. direct investment abroad (1) 2205.7 2440.7 2892.9 3011.1 3294.0 3585.2 3681.6 3815.2 3893.1 3968.4 4054.8 17

18 Insurance receivables 284.0 291.6 299.9 311.1 310.2 313.2 313.3 319.1 322.5 328.9 331.8 18

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

20 Investment in finance company subs. 117.0 140.1 81.5 80.5 71.2 91.5 108.7 113.2 112.9 112.9 108.3 20

21 Other 5569.6 6068.7 6615.0 5974.8 5885.6 6214.0 6127.6 6114.8 6213.5 6471.9 6542.0 21

22 Total liabilities 11182.1 11821.5 12916.0 13225.0 12898.3 13363.7 13410.0 13491.2 13608.6 13739.3 13886.9 22

23 Credit market instruments 5741.8 6258.8 7101.9 7445.2 7231.8 7533.3 7647.0 7788.4 7911.5 8031.6 8147.5 23

24 Commercial paper 90.1 112.5 123.8 131.5 58.4 82.9 110.5 106.9 124.7 116.3 127.6 24

25 Municipal securities (2) 218.2 272.4 341.5 409.7 447.5 482.3 485.4 491.4 490.3 497.4 496.3 25

26 Corporate bonds (1) 3156.1 3364.4 3675.5 3881.0 4268.6 4691.4 4792.4 4907.8 4988.8 5076.8 5192.5 26

27 Depository institution loans n.e.c. 591.0 613.0 715.9 780.0 560.3 545.2 548.9 558.0 583.9 618.6 611.6 27

28 Other loans and advances (3) 903.5 1028.5 1316.5 1364.9 1139.1 1041.1 1038.2 1074.3 1091.9 1099.9 1105.0 28

29 Mortgages 783.0 867.9 928.8 878.1 757.9 690.4 671.6 650.0 632.0 622.6 614.5 29

30 Trade payables 1700.6 1812.9 1897.9 1672.7 1587.5 1750.6 1774.6 1833.0 1876.1 1935.2 1968.7 30

31 Taxes payable 86.2 85.4 35.8 39.0 35.7 42.9 60.7 50.5 56.7 47.4 63.1 31

32 Miscellaneous liabilities 3653.5 3664.4 3880.3 4068.0 4043.3 4036.9 3927.7 3819.3 3764.3 3725.1 3707.6 32

33 Foreign direct investment in U.S. 1549.4 1722.7 1961.9 2050.3 2025.8 2175.2 2199.5 2247.7 2312.0 2377.0 2448.1 33

34 Pension fund contributions payable 44.8 42.8 47.2 47.9 50.5 49.2 49.0 49.0 49.1 49.4 49.7 34

35 Other 2059.3 1898.9 1871.1 1969.8 1967.1 1812.6 1679.2 1522.6 1403.2 1298.7 1209.8 35

 Memo:

36 Trade receivables net of payables 407.7 277.6 354.4 411.9 468.5 436.8 511.6 558.2 556.1 452.5 508.4 36

37 Market value of equities 12686.6 14602.3 15730.7 10016.6 12494.7 14422.8 15456.4 15375.4 13056.4 14511.1 16101.1 37

38 Securities and mortgages 4157.3 4504.7 4945.8 5168.8 5474.0 5864.1 5949.5 6049.1 6111.0 6196.7 6303.3 38

39 Loans and short-term paper 1584.5 1754.1 2156.2 2276.5 1757.8 1669.2 1697.5 1739.2 1800.5 1834.9 1844.2 39

40 Total short-term liabilities (4) 3371.3 3652.4 4089.9 3988.2 3380.9 3462.7 3532.8 3622.7 3733.3 3817.5 3876.0 40

41 Total liquid assets (5) 1495.7 1518.5 1519.1 1385.2 1642.6 1718.0 1740.8 1741.9 1710.6 1723.9 1736.5 41

 Analytical measures (percent)

42 Long-term debt/credit market debt 72.4 72.0 69.6 69.4 75.7 77.8 77.8 77.7 77.2 77.2 77.4 42

43 Short-term debt/credit market debt 27.6 28.0 30.4 30.6 24.3 22.2 22.2 22.3 22.8 22.8 22.6 43

44 Liquid assets/short-term liabilities 44.4 41.6 37.1 34.7 48.6 49.6 49.3 48.1 45.8 45.2 44.8 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, June 7, 2012 71

L.103 Nonfinancial Noncorporate Business

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 2596.7 3116.5 3595.9 3693.1 3592.4 3455.6 3453.0 3454.3 3457.8 3470.5 3480.2 1

 2 Checkable deposits and currency 374.1 448.8 515.6 519.4 539.8 519.7 519.5 519.9 520.7 522.7 524.3 2

 3 Time and savings deposits 324.1 344.4 359.3 358.1 353.3 339.6 339.3 339.3 339.5 340.7 341.6 3

 4 Money market fund shares 69.0 72.2 74.3 75.4 73.7 70.9 70.8 70.8 70.8 71.1 71.3 4

 5 Credit market instruments 96.8 96.7 106.7 95.8 89.1 85.7 85.6 85.6 85.7 86.0 86.2 5

 6 Treasury securities 56.2 56.3 59.3 51.8 46.1 44.4 44.3 44.3 44.3 44.5 44.6 6

 7 Municipal securities 4.4 5.8 5.3 4.9 5.1 4.9 4.9 4.9 4.9 4.9 4.9 7

 8 Mortgages 36.2 34.6 42.1 39.1 37.9 36.4 36.4 36.4 36.4 36.6 36.6 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 430.9 470.9 525.6 522.7 496.3 477.1 476.6 476.6 477.0 478.6 479.8 10

11 Miscellaneous assets 1301.7 1683.5 2014.3 2121.8 2040.0 1962.6 1961.2 1962.1 1964.1 1971.4 1977.0 11

12 Insurance receivables 99.2 103.6 107.3 111.5 112.4 112.5 113.0 115.1 116.8 118.9 119.8 12

13 Equity investment in GSEs (1) 4.1 4.3 5.0 6.4 6.3 6.7 6.7 6.8 7.0 7.0 7.1 13

14 Other 1198.4 1575.6 1902.0 2003.9 1921.3 1843.3 1841.6 1840.1 1840.4 1845.6 1850.1 14

15 Total liabilities 4180.2 4763.6 5349.0 5794.5 5694.7 5507.6 5506.2 5515.7 5528.7 5561.5 5574.2 15

16 Credit market instruments 2897.7 3313.0 3774.6 4093.4 3959.1 3761.8 3753.1 3751.1 3752.2 3773.3 3783.9 16

17 Depository institution loans n.e.c. 670.4 785.7 926.5 1046.1 929.8 859.4 863.3 878.6 894.6 911.6 938.0 17

18 Other loans and advances 134.6 151.4 165.1 177.4 172.1 177.5 179.0 175.8 173.2 176.9 178.0 18

19 Mortgages 2092.7 2375.9 2683.0 2869.9 2857.3 2724.9 2710.9 2696.7 2684.4 2684.8 2667.9 19

20 Trade payables 334.5 348.9 374.9 380.7 388.3 369.1 368.7 371.2 374.1 373.4 372.2 20

21 Taxes payable 86.7 95.7 99.5 106.2 99.9 95.0 94.9 94.9 95.0 95.4 95.7 21

22 Miscellaneous liabilities 861.2 1006.1 1100.0 1214.3 1247.4 1281.7 1289.5 1298.6 1307.4 1319.4 1322.3 22

(1) Equity in the Farm Credit System.
72 Z.1, June 7, 2012

L.104 State and Local Governments (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 2194.5 2295.8 2516.9 2423.3 2502.7 2631.9 2604.2 2571.9 2525.3 2524.8 2510.5 1

 2 Checkable deposits and currency 56.5 61.9 57.1 65.6 84.9 91.5 90.0 95.4 94.2 107.4 104.6 2

 3 Time and savings deposits 183.3 209.6 245.9 265.1 275.9 275.5 278.8 274.4 279.9 293.5 311.2 3

 4 Money market fund shares 69.8 72.7 79.3 77.5 81.6 86.9 86.3 85.8 84.6 84.6 84.0 4

 5 Security RPs 137.5 143.0 156.1 152.6 160.6 171.2 170.0 168.8 166.6 166.5 165.5 5

 6 Credit market instruments 1323.0 1389.0 1466.9 1335.2 1298.5 1339.3 1327.2 1302.4 1270.0 1254.9 1237.3 6

 7 Open market paper 180.0 187.3 184.3 119.8 65.3 72.2 82.6 86.0 88.1 93.0 96.6 7

 8 Treasury securities 475.0 506.8 525.1 475.1 493.9 503.6 490.5 473.0 454.5 444.6 436.0 8

 9 Agency- and GSE-backed securities 391.1 407.0 444.0 434.1 417.0 427.0 418.7 410.3 398.9 388.8 378.3 9

10 Municipal securities 4.9 5.1 5.5 5.4 5.7 6.1 6.0 6.0 5.9 5.9 5.9 10

11 Corporate and foreign bonds 123.9 129.0 140.7 137.5 144.8 154.3 153.2 152.2 150.2 150.1 149.2 11

12 Mortgages 148.0 154.0 167.3 163.3 171.8 176.1 176.1 174.9 172.5 172.4 171.3 12

13 Corporate equities 94.3 98.1 108.0 82.1 117.7 109.9 109.1 108.3 106.7 106.7 103.5 13

14 Mutual fund shares 28.9 30.0 32.8 32.0 33.7 30.9 30.7 30.4 30.0 30.0 24.7 14

15 Trade receivables 140.9 146.6 159.9 156.4 164.6 175.4 174.2 173.0 170.7 170.7 169.6 15

16 Taxes receivable 141.0 189.0 237.5 269.8 280.9 298.0 303.5 308.2 300.4 307.5 309.0 16

17 Miscellaneous assets 19.3 -44.1 -26.7 -13.0 4.3 53.2 34.3 25.3 22.1 3.2 1.1 17

18 Total liabilities 3104.7 3237.3 3421.3 3480.4 3629.7 3734.3 3724.3 3701.5 3700.5 3715.1 3717.0 18

19 Credit market instruments 2622.6 2720.9 2867.8 2887.8 2999.3 3065.5 3045.7 3013.0 3002.2 3006.8 2998.9 19

20 Municipal securities 2612.0 2709.7 2855.9 2875.0 2985.7 3051.1 3031.2 2998.3 2987.2 2991.6 2983.5 20

21 Short-term (2) 42.5 34.3 51.2 55.9 63.6 63.0 60.1 37.6 48.0 52.3 51.9 21

22 Long-term 2569.5 2675.4 2804.7 2819.2 2922.1 2988.1 2971.0 2960.7 2939.2 2939.3 2931.7 22

23 U.S. government loans 10.6 11.2 11.9 12.7 13.5 14.4 14.5 14.7 15.0 15.3 15.4 23

24 Trade payables 482.0 516.4 553.5 592.7 630.4 668.8 678.6 688.5 698.4 708.2 718.1 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, June 7, 2012 73

L.105 Federal Government

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 643.7 636.6 681.2 1261.5 1343.9 1571.4 1394.9 1409.5 1336.4 1349.1 1304.4 1

 2 U.S. official reserve assets 35.3 34.5 36.4 41.9 94.6 95.4 102.1 105.9 105.0 103.9 104.5 2

 3 Checkable deposits and currency 36.8 32.9 56.5 368.0 193.6 342.1 117.5 135.5 57.6 84.3 42.0 3

 4 Time and savings deposits 1.4 1.7 2.8 1.6 1.9 2.0 1.5 1.7 1.8 1.7 2.0 4

 5 Credit market instruments 273.8 275.2 281.1 366.4 661.8 746.9 778.2 757.0 761.4 744.7 751.9 5

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

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

 8 Other loans and advances 107.4 108.0 105.8 111.8 177.9 181.4 183.6 180.6 182.2 184.7 185.4 8

 9 Mortgages 76.6 80.3 82.4 95.8 108.4 106.6 107.8 109.3 109.3 110.6 111.7 9

10 Consumer credit (1) 89.8 86.9 93.0 104.3 178.6 308.8 347.5 362.4 398.5 417.4 452.6 10

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

12 Trade receivables 71.0 59.4 60.6 64.7 43.6 42.9 44.7 47.0 48.2 47.4 46.0 12

13 Taxes receivable 91.6 96.1 105.0 119.4 135.1 150.8 154.8 158.7 162.6 166.5 170.5 13

14 Miscellaneous assets 133.7 136.8 138.7 110.8 145.8 141.4 141.0 142.7 143.1 143.1 139.9 14

15 Total liabilities 5947.6 6193.2 6537.4 7888.4 9405.9 11082.1 11344.7 11351.4 11859.5 12262.2 12650.5 15

16 SDR allocations 7.0 7.4 7.7 7.5 55.4 54.4 56.0 56.5 55.2 54.2 54.7 16

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

18 Treasury currency 27.5 28.1 27.4 26.6 26.2 25.9 25.9 25.9 25.9 25.9 25.9 18

19 Credit market instruments 4701.9 4885.3 5122.3 6361.5 7805.4 9385.6 9645.9 9738.6 10127.6 10453.6 10851.9 19

20 Savings bonds 205.1 202.4 196.4 194.0 191.2 187.9 186.8 186.0 185.1 185.2 184.7 20

21 Treasury bills 960.7 940.8 999.5 1861.2 1787.9 1768.9 1694.7 1529.4 1475.6 1519.5 1672.6 21

22 Other Treasury securities 3512.2 3718.6 3903.3 4283.0 5802.8 7404.7 7739.9 7998.7 8442.0 8723.7 8970.1 22

23 Budget agency securities 23.8 23.5 23.1 23.3 23.5 24.2 24.5 24.5 25.0 25.3 24.4 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 202.7 208.9 238.2 260.8 204.6 213.1 228.1 234.3 238.4 235.3 242.4 25

26 Insurance reserves 42.7 44.2 45.4 46.4 47.5 48.4 48.5 48.9 49.2 49.7 49.8 26

27 Miscellaneous liabilities (3) 963.7 1017.2 1094.2 1183.5 1261.6 1349.4 1335.1 1242.0 1358.1 1438.3 1420.6 27

28 Nonmarketable securities held by pension plans 882.9 918.7 952.0 1015.3 1077.2 1142.9 1128.8 1042.1 1149.3 1213.7 1197.2 28

29 Other 80.7 98.6 142.2 168.2 184.4 206.5 206.3 199.9 208.8 224.6 223.4 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, June 7, 2012

L.106 Rest of the World

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 11599.4 14067.7 16037.6 15239.6 15854.0 17419.2 17873.5 18015.3 18208.0 18245.2 18459.8 1

 2 SDR allocations 7.0 7.4 7.7 7.5 55.4 54.4 56.0 56.5 55.2 54.2 54.7 2

 3 Net interbank assets 133.2 165.1 53.7 464.5 194.0 145.9 390.0 370.2 423.7 367.5 388.8 3

 4 U.S. checkable deposits and currency 300.1 311.6 306.1 370.1 361.0 390.5 409.9 425.7 444.2 466.2 481.9 4

 5 U.S. time deposits 155.9 167.4 207.6 273.1 230.0 246.9 262.5 261.1 274.9 272.6 260.1 5

 6 Money market fund shares 23.0 27.0 46.0 69.7 76.9 69.8 67.3 64.8 64.0 63.2 62.4 6

 7 Security RPs (net) 231.2 364.6 338.4 114.9 31.0 -96.1 -38.2 -53.0 -104.9 -44.9 -83.2 7

 8 Credit market instruments 5191.3 6199.7 7272.6 7504.6 7724.2 8374.4 8397.6 8393.5 8558.2 8575.7 8623.8 8

 9 Open market paper 239.6 286.3 278.1 232.9 191.5 191.0 199.3 195.1 199.5 190.7 204.2 9

10 Treasury securities 1984.4 2126.2 2376.4 3253.0 3671.4 4385.3 4422.3 4442.5 4589.5 4650.7 4761.4 10

11 Official 1340.6 1558.3 1736.7 2400.5 2879.6 3320.7 3354.2 3433.8 3461.9 3444.3 3566.0 11

12 Private 643.8 567.9 639.8 852.5 791.8 1064.6 1068.1 1008.7 1127.7 1206.4 1195.4 12

13 Agency- and GSE-backed securities 1012.9 1263.6 1582.4 1406.9 1154.8 1077.3 1054.6 1033.1 1033.0 1032.6 998.8 13

14 Official 487.2 695.2 954.3 940.5 749.0 669.2 680.3 681.0 667.8 659.8 648.6 14

15 Private 525.7 568.4 628.0 466.4 405.9 408.1 374.2 352.2 365.2 372.8 350.3 15

16 Municipal securities 29.0 34.4 45.1 50.5 58.7 71.7 74.2 76.7 79.7 82.7 85.7 16

17 U.S. corporate bonds (1) 1762.9 2320.5 2719.1 2354.0 2465.3 2488.6 2480.8 2461.3 2450.4 2416.4 2400.6 17

18 Loans to U.S. corporate business 162.5 168.8 271.5 207.3 182.5 160.4 166.5 184.8 206.1 202.5 173.1 18

19 U.S. corporate equities 2039.1 2448.1 2812.2 1806.6 2477.2 2926.1 3101.5 3142.3 2638.1 2948.1 3345.9 19

20 Mutual fund shares 242.0 316.8 373.5 256.2 363.6 513.8 569.6 599.8 527.2 559.9 618.4 20

21 Trade receivables 56.9 62.8 83.6 90.1 96.7 116.1 115.9 117.8 131.9 133.0 135.1 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 3219.7 3997.4 4536.2 4282.3 4244.2 4677.5 4541.4 4636.4 5195.7 4849.7 4572.0 23

24 Foreign direct investment in U.S. (2) 1906.0 2154.1 2345.9 2397.4 2441.7 2658.9 2686.7 2742.9 2814.4 2886.8 2966.4 24

25 Other 1313.8 1843.3 2190.2 1884.9 1802.5 2018.6 1854.7 1893.5 2381.2 1962.9 1605.6 25

26 Total liabilities 6157.7 7322.3 8704.4 8844.2 9043.5 9985.0 10110.6 10238.2 11220.0 11039.2 11016.8 26

27 U.S. official reserve assets (3) 54.1 54.9 59.5 66.6 119.7 121.4 128.3 132.8 131.3 129.6 129.8 27

28 U.S. private deposits 997.8 1085.0 1340.9 946.7 840.6 912.3 957.7 941.7 931.5 848.4 838.2 28

29 Credit market instruments 1513.9 1882.6 2126.3 1708.8 2090.3 2273.1 2325.9 2321.4 2284.4 2253.8 2263.1 29

30 Commercial paper 384.0 482.3 413.0 342.0 401.3 398.6 428.2 417.2 352.5 345.1 362.6 30

31 Bonds 1011.6 1275.5 1587.1 1237.3 1570.3 1737.3 1748.3 1751.8 1769.1 1742.4 1723.4 31

32 Depository institution loans n.e.c. 84.4 98.3 102.8 107.9 96.8 115.1 127.1 130.5 140.9 144.3 153.6 32

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

34 Banks 18.1 21.9 30.2 33.0 27.9 39.7 45.7 49.1 53.0 51.0 51.6 34

35 Other 63.7 74.4 70.8 72.4 65.8 71.2 77.1 78.2 84.8 90.7 99.5 35

36 Other loans and advances 34.0 26.6 23.4 21.6 21.9 22.1 22.2 21.9 21.8 22.0 23.5 36

37 Trade payables 54.5 60.7 73.1 63.2 69.3 95.9 94.1 79.5 74.1 68.8 68.7 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 3537.5 4239.1 5104.6 6059.0 5923.5 6582.3 6604.7 6762.8 7798.7 7738.6 7717.1 39

40 U.S. equity in IBRD, etc. 43.2 45.3 46.9 48.3 50.0 52.3 52.9 54.3 54.7 54.9 54.6 40

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

42 U.S. direct investment abroad (1,2) 2651.7 2948.2 3553.1 3748.5 4067.5 4429.4 4528.1 4673.1 4755.2 4835.7 4923.9 42

43 Investment by holding companies 27.1 68.4 110.6 101.5 125.1 135.6 121.9 186.2 195.9 162.1 181.4 43

44 Other 814.8 1176.7 1369.5 1606.4 1670.0 1964.1 1901.2 1848.2 2791.3 2585.5 2510.0 44

 Memo:

45 Market value of foreign equities 3317.7 4329.0 5248.0 2748.4 3995.3 4485.6 4674.9 4661.8 3713.5 3862.3 4270.8 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, June 7, 2012 75

L.107 Financial Business (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 51969.9 57989.5 63731.3 62330.4 64042.5 64659.0 66170.9 66574.5 64525.4 65969.0 67934.5 1

 2 U.S. official reserve assets 29.9 31.4 34.2 35.7 36.2 37.0 37.2 37.9 37.4 36.8 36.4 2

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

 4 Treasury currency 36.5 38.2 38.7 38.7 42.7 43.5 43.8 44.0 44.1 44.2 44.4 4

 5 Foreign deposits 94.7 84.1 127.3 129.3 97.1 105.9 109.4 112.2 86.7 58.5 48.6 5

 6 Net interbank assets 70.1 70.1 124.4 1475.9 1126.4 1019.6 1459.0 1650.6 1647.4 1622.6 1605.8 6

 7 Checkable deposits and currency 196.6 248.0 284.1 391.5 363.8 335.8 339.7 353.9 365.3 367.1 330.8 7

 8 Time and savings deposits 335.5 353.4 435.1 542.5 734.5 623.5 623.3 620.9 546.4 527.0 507.2 8

 9 Money market fund shares 543.6 604.6 938.4 1242.3 1071.4 913.3 886.7 871.7 817.3 864.5 829.1 9

10 Federal funds and security RPs 670.9 746.1 988.0 930.9 878.1 890.8 944.6 923.0 843.2 823.8 800.4 10

11 Credit market instruments 30612.5 33450.7 36472.1 38795.1 37949.7 37190.6 37374.9 37567.1 37814.0 38216.3 38540.8 11

12 Open market paper 1015.2 1244.3 1149.5 1183.4 790.0 663.0 710.9 667.0 600.4 570.1 575.7 12

13 Treasury securities 1639.6 1727.4 1835.4 2271.3 2712.0 3173.4 3495.1 3740.1 3914.3 4127.2 4231.5 13

14 Agency- and GSE-backed securities 4229.7 4363.7 4665.3 5524.2 6182.4 5802.7 5814.1 5827.8 5928.7 6016.5 6123.6 14

15 Municipal securities 1334.4 1457.5 1637.6 1689.2 1704.8 1734.2 1707.8 1702.2 1702.6 1738.4 1769.1 15

16 Corporate and foreign bonds 5504.9 5969.1 6553.4 6560.6 6739.2 6938.9 6982.4 7020.6 7099.5 7132.6 7333.4 16

17 Depository institution loans n.e.c. 1557.7 1741.3 2060.4 2750.2 2022.0 1954.6 1945.0 1972.3 2024.1 2087.1 2102.0 17

18 Other loans and advances 1543.3 1697.0 2116.1 2261.3 1711.0 1496.4 1457.6 1457.3 1434.5 1454.8 1469.3 18

19 Mortgages 11616.6 13009.8 14078.2 14166.9 13880.1 13377.6 13278.2 13188.3 13108.7 13052.0 12945.8 19

20 Consumer credit 2171.2 2240.6 2376.3 2388.0 2208.3 2049.8 1983.7 1991.3 2001.1 2037.7 1990.5 20

21 Corporate equities 10419.2 12160.1 13045.9 7820.5 10063.4 11584.4 12211.1 12171.6 10130.3 11053.2 12402.3 21

22 Mutual fund shares 1968.1 2350.2 2633.8 1694.1 2237.4 2589.8 2716.3 2732.1 2404.7 2591.0 2824.1 22

23 Trade receivables 181.8 195.2 197.1 182.2 144.2 135.6 138.0 139.3 136.2 134.8 136.6 23

24 Security credit 463.1 594.3 660.0 385.8 422.6 520.5 554.8 566.1 576.0 559.8 613.2 24

25 Life insurance reserves 0.0 108.6 124.7 130.0 132.8 141.1 142.5 143.4 145.8 148.4 168.0 25

26 Miscellaneous assets 6345.2 6952.1 7625.4 8533.5 8737.0 8522.5 8584.5 8635.6 8925.4 8915.9 9041.6 26

27 Total liabilities 49511.4 55164.8 60642.3 59464.5 60586.6 60994.3 62476.2 62857.9 60994.6 62339.9 64134.0 27

28 Net interbank liabilities 161.4 190.3 136.3 1922.9 1325.5 1147.7 1847.7 2025.2 2081.0 1984.8 1985.1 28

29 Checkable deposits and currency 1527.2 1507.3 1532.9 2101.3 2093.4 2359.8 2193.3 2314.6 2403.7 2594.3 2523.3 29

30 Time and savings deposits 6387.6 6995.8 7606.7 7940.9 8316.3 8432.4 8553.3 8714.0 8724.0 8805.2 8908.2 30

31 Money market fund shares 2006.9 2312.1 3033.1 3757.3 3258.3 2755.3 2679.4 2637.8 2578.4 2642.5 2535.4 31

32 Federal funds and security RPs 1741.2 2137.7 2118.5 1238.2 1488.4 1272.3 1312.7 1258.2 1102.1 1140.7 1187.8 32

33 Credit market instruments 12956.9 14278.6 16223.8 17122.7 15708.3 14261.8 14193.9 14014.9 13898.4 13793.8 13689.8 33

34 Open market paper 1170.2 1363.2 1251.8 1125.8 677.6 575.9 592.5 557.5 527.2 507.8 504.2 34

35 Agency- and GSE-backed securities 6140.7 6468.9 7374.6 8143.4 8083.3 7574.0 7624.3 7553.3 7560.0 7552.1 7508.5 35

36 Corporate and foreign bonds 4652.7 5440.1 6280.4 6000.1 5737.9 5109.9 5011.2 4914.0 4845.9 4767.8 4769.3 36

37 Depository institution loans n.e.c. 227.7 213.0 293.1 789.5 424.7 361.8 354.5 391.8 382.0 376.8 341.2 37

38 Other loans and advances 620.2 641.4 867.1 900.5 617.9 473.2 442.5 424.8 408.7 413.1 389.5 38

39 Mortgages 145.5 152.1 156.7 163.5 166.9 167.1 168.9 173.5 174.5 176.2 177.0 39

40 Mutual fund shares 6048.9 7068.3 7829.0 5435.3 6961.6 7934.5 8471.9 8570.5 7532.8 8000.5 8835.7 40

41 Trade payables 43.1 48.3 45.8 21.2 70.1 18.1 18.5 19.3 16.4 14.2 17.5 41

42 Security credit 806.0 957.8 1200.9 963.6 888.2 936.6 942.3 1011.0 1128.9 1073.6 1107.8 42

43 Life insurance reserves 1039.9 1119.5 1156.1 1133.4 1194.5 1229.9 1249.3 1262.3 1269.2 1299.4 1321.1 43

44 Pension fund reserves 11460.1 12750.6 13390.7 10408.5 11914.5 13090.7 13487.7 13405.8 12438.6 13147.1 13950.1 44

45 Taxes payable 41.6 55.9 32.4 -101.1 -95.0 -82.0 -73.7 -75.3 -79.6 -72.2 -72.2 45

46 Miscellaneous liabilities 5290.6 5742.5 6335.9 7520.4 7462.4 7637.3 7600.0 7699.6 7900.6 7916.0 8144.6 46

 Memo:

47 Market value of corporate equities 4631.9 5408.0 4602.2 2875.4 3633.2 4341.1 4648.8 4620.2 3791.7 4148.8 4815.7 47

48 Equity in noncorporate business 11.7 9.8 11.6 9.5 12.1 13.8 13.4 13.1 11.6 10.7 14.9 48

(1) Sum of financial sectors shown on tables L.108 through L.129.
76 Z.1, June 7, 2012

L.108 Monetary Authority (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 878.7 908.2 951.3 2270.6 2267.2 2453.2 2656.8 2891.6 2876.7 2947.2 2886.7 1

 2 U.S. official reserve assets 29.9 31.4 34.2 35.7 36.2 37.0 37.2 37.9 37.4 36.8 36.4 2

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

 4 Treasury currency 36.5 38.2 38.7 38.7 42.7 43.5 43.8 44.0 44.1 44.2 44.4 4

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

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

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

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

 9 Security RPs 46.8 40.8 46.5 80.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

10 Credit market instruments 744.2 778.9 740.6 986.0 1987.7 2259.2 2479.2 2700.4 2686.1 2635.6 2613.4 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 744.2 778.9 740.6 475.9 776.6 1021.5 1340.4 1619.5 1664.7 1663.4 1661.1 12

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

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

15 Households (TALF) (5) 0.0 0.0 0.0 0.0 47.5 24.7 19.2 12.8 11.3 9.0 7.1 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 0.0 45.5 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 0.0 29.1 29.2 25.8 24.1 21.6 13.0 4.9 2.9 18

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

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

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

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

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

24 Miscellaneous assets 18.1 17.0 40.5 569.8 75.9 83.1 92.8 105.0 104.6 225.8 188.1 24

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

26 Other 18.1 17.0 16.5 16.1 65.6 83.0 92.8 105.0 104.1 126.0 141.6 26

27 Total liabilities 865.7 892.9 932.8 2249.6 2241.6 2426.7 2630.5 2865.1 2850.7 2920.3 2859.5 27

28 Depository institution reserves 19.0 18.7 20.8 860.0 977.0 968.1 1407.0 1595.9 1597.5 1562.3 1549.9 28

29 Vault cash of depository institutions 50.1 51.7 55.0 57.7 54.9 52.7 53.3 55.4 50.6 60.8 56.6 29

30 Checkable deposits and currency 750.8 774.3 792.1 1220.3 1102.7 1287.8 1078.7 1116.4 1090.8 1165.7 1122.7 30

31 Due to federal government 4.8 5.0 16.4 365.7 191.9 340.9 116.4 135.3 56.4 85.9 43.6 31

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

33 Treasury general deposit account 4.6 4.7 16.1 106.1 186.6 140.8 111.2 130.1 56.3 85.7 43.5 33

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

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

36 Due to government-sponsored enterprises 2.0 0.8 1.7 21.1 35.1 13.5 10.2 7.3 44.8 64.6 36.9 36

37 Currency outside banks 743.9 768.5 773.9 832.2 873.3 930.0 952.0 973.5 987.0 1015.0 1042.0 37

38 Security RPs 30.5 29.6 44.0 88.4 77.7 59.7 62.2 70.3 84.1 99.9 96.7 38

39 Miscellaneous liabilities 15.3 18.5 21.0 23.1 29.2 58.4 29.3 27.0 27.7 31.7 33.7 39

40 Federal Reserve Bank stock 13.5 15.3 18.5 21.1 25.6 26.5 26.3 26.5 26.0 26.9 27.2 40

41 Other 1.8 3.2 2.5 2.1 3.6 31.9 3.1 0.5 1.7 4.8 6.5 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, June 7, 2012 77

L.109 Private Depository Institutions (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 10643.0 11367.8 12362.1 14114.6 13425.0 13543.2 13920.2 14169.9 14565.0 14635.3 14519.8 1

 2 Vault cash 50.1 51.7 55.0 57.7 54.9 52.7 53.3 55.4 50.6 60.8 56.6 2

 3 Reserves at Federal Reserve 19.0 18.7 20.8 860.0 977.0 968.1 1407.0 1595.9 1597.5 1562.3 1549.9 3

 4 Credit market instruments 9362.6 10112.1 10915.0 11295.5 10728.2 10913.1 10801.9 10798.9 10948.7 11108.1 11107.5 4

 5 Open market paper 0.8 1.0 0.4 15.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Treasury securities 116.0 112.3 122.7 101.9 196.6 299.5 305.1 270.4 273.3 252.9 277.9 6

 7 Agency- and GSE-backed securities 1357.1 1373.9 1258.2 1400.3 1580.0 1718.1 1766.7 1767.1 1787.5 1851.7 1931.1 7

 8 Municipal securities 166.6 191.4 204.0 224.4 227.8 257.1 262.7 269.8 286.7 300.7 310.6 8

 9 Corporate and foreign bonds 778.8 886.9 1119.1 1078.2 932.6 787.0 762.1 763.5 808.5 794.6 757.7 9

10 Depository institution loans n.e.c. 1557.7 1741.3 2060.4 2259.8 1879.1 1856.6 1875.8 1917.1 1981.8 2056.6 2083.0 10

11 Other loans and advances 4.0 0.4 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

12 Mortgages 4336.9 4732.3 5018.6 5014.2 4768.9 4583.0 4468.0 4430.6 4424.2 4436.2 4369.9 12

13 Consumer credit 1044.7 1072.5 1131.2 1200.9 1143.1 1411.7 1361.4 1380.4 1386.7 1415.4 1377.3 13

14 Corporate equities 62.9 79.8 88.8 33.8 63.6 73.6 78.0 80.9 58.7 67.4 80.4 14

15 Mutual fund shares 19.5 26.6 31.6 21.6 47.4 46.5 48.8 46.8 38.4 43.4 48.7 15

16 Security credit 230.7 302.2 334.5 221.0 219.6 242.3 239.0 253.3 324.1 321.3 345.5 16

17 Life insurance reserves 0.0 93.4 104.3 110.7 111.5 116.0 117.3 118.4 119.3 120.8 133.8 17

18 Miscellaneous assets 898.1 683.3 812.2 1514.3 1222.7 1130.9 1174.9 1220.3 1427.7 1351.2 1197.3 18

19 Total liabilities 10338.5 10975.2 11893.5 13621.7 13222.9 13498.0 13945.0 14213.4 14640.2 14708.0 14764.4 19

20 Net interbank liabilities 92.3 119.9 60.6 1005.2 293.6 127.0 387.4 373.9 432.9 361.7 378.6 20

21 Checkable deposits 776.4 732.9 740.8 881.0 990.7 1072.0 1114.6 1198.1 1312.9 1428.6 1400.6 21

22 Small time and savings deposits 4598.1 4945.1 5224.5 5749.3 6326.5 6624.9 6741.5 6898.8 7065.7 7202.2 7403.8 22

23 Large time deposits 1789.5 2050.8 2382.2 2191.6 1989.8 1807.5 1811.8 1815.3 1658.4 1603.0 1504.3 23

24 Federal funds and security RPs (net) 862.3 905.7 807.1 467.5 835.8 674.9 651.2 600.9 616.3 600.1 568.3 24

25 Credit market instruments 743.2 787.6 1023.7 1030.4 743.9 968.6 930.3 910.7 891.8 892.8 863.7 25

26 Open market paper 4.1 0.5 0.5 0.0 0.0 112.9 109.2 109.0 109.9 120.6 104.3 26

27 Corporate bonds 130.4 159.9 184.8 184.8 176.3 436.8 433.5 432.7 429.4 415.8 427.2 27

28 Other loans and advances 608.7 627.2 838.4 845.6 567.6 418.9 387.7 369.0 352.5 356.4 332.2 28

29 Taxes payable (net) 29.4 28.0 12.4 -73.6 -66.2 -59.6 -54.9 -50.3 -46.9 -49.1 -52.7 29

30 Miscellaneous liabilities 1447.2 1405.3 1642.2 2370.3 2108.8 2282.8 2363.1 2466.1 2709.3 2668.7 2697.8 30

31 Foreign direct investment in U.S. 130.2 135.4 94.2 71.7 104.9 111.3 115.2 118.6 127.3 129.3 135.8 31

32 Investment by holding companies 989.7 1142.9 1256.9 1370.5 1599.5 1632.8 1671.0 1674.2 1696.8 1711.9 1782.4 32

33 Investment by funding corporations 188.8 197.3 241.0 276.6 203.1 171.6 188.9 173.4 140.1 137.8 154.3 33

34 Other 138.6 -70.4 50.1 651.4 201.3 367.1 388.0 499.9 745.0 689.6 625.3 34

 Memo:

35 Consumer leases not included above (2) 0.0 0.0 11.2 9.5 6.9 6.2 6.1 6.1 6.2 6.0 6.0 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, June 7, 2012

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

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 9099.8 9784.8 10513.4 11639.0 11257.1 11290.8 11309.2 11452.8 11557.3 11706.4 11651.9 1

 2 Vault cash 50.1 51.7 55.0 57.7 54.9 52.7 53.3 55.4 50.6 60.8 56.6 2

 3 Reserves at Federal Reserve 18.1 18.1 19.8 616.4 670.1 580.4 711.4 868.2 793.3 805.2 809.0 3

 4 Credit market instruments 8011.3 8628.6 9201.0 9442.9 9131.1 9341.5 9211.3 9185.9 9299.0 9468.4 9462.8 4

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

 6 Treasury securities 76.5 74.4 80.1 56.4 124.5 217.5 216.1 183.3 191.7 173.9 187.8 6

 7 Agency- and GSE-backed securities 1185.0 1217.3 1106.3 1242.5 1417.4 1527.2 1561.8 1559.6 1576.6 1634.1 1699.1 7

 8 Residential mortgage pass-through securities 695.0 746.1 697.1 851.0 837.5 835.3 840.3 827.1 844.6 899.1 946.7 8

 9 Commercial mortgage pass-through securities 0.0 0.0 0.0 0.0 3.6 3.3 3.8 4.8 7.3 8.2 14.3 9

10 Residential CMOs and other structured MBS 183.0 179.9 174.1 193.9 264.0 393.4 417.8 450.1 472.2 473.8 482.0 10

11 Commercial CMOs and other structured MBS 0.0 0.0 0.0 0.0 4.0 3.6 4.7 5.5 9.6 13.4 25.3 11

12 Other 307.0 291.2 235.1 197.6 308.4 291.5 295.2 272.0 243.0 239.6 230.9 12

13 Municipal securities 166.1 190.1 202.0 221.9 224.3 254.6 259.9 267.3 283.8 297.3 307.2 13

14 Corporate and foreign bonds 491.8 563.4 714.6 650.5 667.1 548.9 532.0 525.1 544.6 551.8 532.3 14

15 Priv. residential mortgage pass-through securities 31.6 43.7 54.7 29.0 16.2 6.5 12.9 6.8 5.8 3.5 3.1 15

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

17 Priv. residential CMOs and other structured MBS 204.8 224.6 328.9 285.6 202.9 132.3 123.8 116.8 113.7 110.4 97.4 17

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

19 Other 255.5 295.1 330.9 335.9 404.1 374.0 366.1 372.3 390.9 401.8 395.2 19

20 Depository institution loans n.e.c. 1217.6 1331.4 1544.9 1676.1 1419.9 1413.2 1415.9 1445.2 1501.3 1569.5 1597.6 20

21 Other loans and advances 3.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

22 Mortgages 4054.9 4415.7 4658.6 4615.2 4371.9 4194.9 4082.5 4045.9 4038.2 4049.6 3984.4 22

23 Consumer credit 816.1 836.4 894.6 964.7 906.0 1185.2 1143.3 1159.5 1162.8 1192.3 1154.3 23

24 Corporate equities 62.9 79.8 88.8 33.8 63.6 73.6 78.0 80.9 58.7 67.4 80.4 24

25 Mutual fund shares 17.4 24.5 29.6 19.6 46.1 45.0 47.1 45.0 36.6 41.7 46.7 25

26 Security credit 95.6 116.5 145.9 158.6 158.0 152.3 152.1 163.2 186.9 189.6 190.8 26

27 Life insurance reserves 0.0 93.4 104.3 110.7 111.5 116.0 117.3 118.4 119.3 120.8 133.8 27

28 Miscellaneous assets 844.4 772.0 869.1 1199.2 1021.7 929.3 938.7 935.8 1012.8 952.6 871.8 28

29 Total liabilities 8844.4 9446.4 10106.2 11212.0 11110.9 11304.0 11389.4 11554.7 11691.3 11838.6 11957.5 29

30 Net interbank liabilities 297.1 397.2 527.5 1238.0 697.2 480.9 480.7 410.3 323.4 233.3 275.6 30

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

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

33 To domestic banks -13.7 -22.9 0.6 35.4 52.4 20.8 34.7 51.2 66.8 61.4 65.3 33

34 To foreign banks 309.9 420.3 478.3 644.4 550.3 461.3 447.3 359.9 257.3 172.4 211.0 34

35 Checkable deposits 672.7 637.1 639.6 777.5 871.6 941.1 978.0 1059.7 1154.6 1260.5 1222.2 35

36 Federal government 33.9 28.0 42.9 3.5 3.8 3.6 3.6 3.7 3.0 1.0 1.3 36

37 Rest of the world 17.4 26.8 31.7 62.9 34.3 30.4 41.9 41.4 45.6 50.0 47.6 37

38 Private domestic 621.5 582.3 564.9 711.1 833.5 907.0 932.4 1014.7 1106.0 1209.6 1173.3 38

39 Small time and savings deposits 4111.6 4418.3 4664.0 5144.6 5617.0 5888.6 5980.1 6130.7 6293.3 6425.7 6596.1 39

40 Large time deposits 1201.3 1326.0 1378.2 1309.2 979.4 849.1 824.2 819.4 802.1 813.9 743.6 40

41 Federal funds and security RPs (net) 678.1 670.9 583.4 335.3 665.6 451.7 426.8 407.0 361.6 342.6 301.3 41

42 Credit market instruments 727.8 768.3 990.9 989.8 717.4 942.4 906.6 887.9 868.0 868.7 840.8 42

43 Open market paper 3.3 0.0 0.0 0.0 0.0 112.9 109.2 109.0 109.9 120.6 104.3 43

44 Corporate bonds 130.4 159.9 184.8 184.8 176.3 436.8 433.5 432.7 429.4 415.8 427.2 44

45 Other loans and advances 594.0 608.3 806.1 805.0 541.1 392.8 364.0 346.1 328.7 332.3 309.3 45

46 Taxes payable (net) 29.4 28.0 12.4 -73.6 -66.2 -59.6 -54.9 -50.3 -46.9 -49.1 -52.7 46

47 Miscellaneous liabilities 1126.3 1200.6 1310.2 1491.2 1628.9 1809.8 1847.9 1890.0 1935.2 1943.0 2030.6 47

48 Investment by holding companies 989.7 1142.9 1256.9 1370.5 1599.5 1632.8 1671.0 1674.2 1696.8 1711.9 1782.4 48

49 Other 136.6 57.7 53.3 120.6 29.4 177.0 176.9 215.8 238.4 231.1 248.2 49

 Memo:

50 Consumer leases not included above (1) 0.0 0.0 11.2 9.5 6.9 6.2 6.1 6.1 6.2 6.0 6.0 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, June 7, 2012 79

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

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 818.1 828.2 1048.0 1624.8 1267.5 1336.7 1668.0 1793.1 2078.8 1999.4 1909.7 1

 2 Reserves at Federal Reserve 0.9 0.6 1.0 239.0 284.1 350.8 640.8 677.5 762.5 711.0 679.1 2

 3 Credit market instruments 657.8 761.6 963.3 1063.8 777.9 747.1 757.6 773.4 804.4 784.9 775.5 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 27.8 26.8 30.4 35.5 57.5 60.9 66.1 63.6 58.1 60.5 71.6 5

 6 Agency- and GSE-backed securities 50.9 55.1 57.1 50.6 31.3 26.5 31.4 30.6 32.2 30.6 29.0 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 262.8 292.5 369.5 401.6 244.9 233.9 220.6 229.5 255.7 234.5 216.5 8

 9 Depository institution loans n.e.c. 294.7 361.8 466.8 531.9 406.5 390.4 405.7 416.7 424.7 426.6 427.2 9

10 Other loans and advances 0.8 0.4 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

11 Mortgages 20.8 24.9 39.0 44.2 37.8 35.4 33.8 33.0 33.7 32.8 31.2 11

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

13 Security credit 135.1 185.6 188.6 62.3 61.6 90.1 86.9 90.1 137.2 131.7 154.7 13

14 Miscellaneous assets 24.3 -119.6 -104.9 259.7 143.9 148.7 182.6 252.0 374.8 371.8 300.3 14

15 Total liabilities 834.8 844.6 1067.5 1639.6 1283.7 1354.1 1688.9 1813.6 2100.8 2021.3 1932.7 15

16 Net interbank liabilities -141.7 -213.0 -404.1 -163.7 -322.5 -274.4 -16.7 42.4 203.8 223.0 204.3 16

17 To foreign banks -176.7 -255.3 -424.6 -179.9 -356.2 -315.4 -57.4 10.4 166.3 195.1 177.8 17

18 To domestic banks 35.0 42.2 20.5 16.2 33.7 41.0 40.6 32.1 37.4 27.9 26.5 18

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

20 Small time and savings deposits 10.0 18.6 25.5 25.6 29.9 35.7 42.6 47.4 50.9 48.9 57.9 20

21 Large time deposits 501.7 634.5 907.9 784.7 958.6 909.0 937.1 945.4 804.6 736.6 706.7 21

22 Federal funds and security RPs (net) 190.9 239.9 226.3 130.0 170.3 223.2 224.4 212.7 265.6 273.4 287.8 22

23 Open market paper (2) 0.8 0.5 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

24 Miscellaneous liabilities 263.8 154.8 299.6 849.4 431.3 438.7 480.7 542.4 737.6 693.8 631.7 24

25 Foreign direct investment in U.S. 130.2 135.4 94.2 71.7 104.9 111.3 115.2 118.6 127.3 129.3 135.8 25

26 Investment by funding corporations 188.8 197.3 241.0 276.6 203.1 171.6 188.9 173.4 140.1 137.8 154.3 26

27 Other -55.1 -177.9 -35.6 501.1 123.2 155.9 176.6 250.3 470.2 426.7 341.6 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, June 7, 2012

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

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 106.3 105.2 104.9 102.0 94.7 79.9 78.5 77.1 80.4 75.8 75.7 1

 2 Credit market instruments 101.0 99.3 92.8 90.9 88.1 68.9 67.6 65.2 63.7 64.0 63.9 2

 3 Treasury securities 3.9 3.7 1.8 1.2 0.5 1.1 1.1 1.6 0.9 1.0 0.9 3

 4 Agency- and GSE-backed securities 34.8 29.0 26.3 24.4 20.5 12.8 6.9 6.0 5.4 4.8 5.1 4

 5 Municipal securities 0.5 1.3 2.0 2.5 3.5 2.5 2.8 2.5 2.8 3.4 3.4 5

 6 Corporate and foreign bonds 0.8 0.4 0.5 0.5 2.0 0.6 5.9 5.2 4.5 4.2 4.3 6

 7 Depository institution loans n.e.c. 25.9 25.6 21.4 19.7 19.4 16.1 16.0 16.0 16.6 17.1 17.2 7

 8 Home mortgages 16.3 17.2 21.5 22.9 22.6 20.1 18.8 18.2 17.9 17.8 17.5 8

 9 Commercial mortgages 18.8 22.0 19.3 19.7 19.6 15.7 16.1 15.7 15.4 15.6 15.4 9

10 Miscellaneous assets 5.3 5.9 12.1 11.1 6.5 11.0 10.9 11.9 16.7 11.8 11.8 10

11 Total liabilities 103.4 102.1 94.4 91.0 90.0 75.2 74.7 73.6 76.5 72.1 71.7 11

12 Net interbank liabilities -3.0 -2.9 -2.6 -3.2 -4.2 -3.3 -4.1 -4.4 -4.9 -4.6 -4.4 12

13 Checkable deposits 13.3 14.0 15.7 14.6 16.1 16.6 17.1 18.1 18.0 19.4 19.5 13

14 Small time and savings deposits 23.9 25.2 26.3 27.4 24.5 19.3 19.4 19.2 19.2 18.9 18.7 14

15 Large time deposits 23.9 25.2 26.3 27.4 24.5 19.3 19.4 19.2 19.2 18.9 18.7 15

16 Miscellaneous liabilities 45.2 40.7 28.8 24.9 29.2 23.3 22.9 21.6 25.0 19.4 19.1 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 618.9 649.6 695.8 748.8 805.7 835.8 864.6 846.9 848.5 853.7 882.4 1

 2 Reserves at Federal Reserve 0.0 0.0 0.0 4.7 22.8 36.9 54.7 50.2 41.8 46.1 61.8 2

 3 Credit market instruments 592.5 622.6 657.9 697.8 731.0 755.6 765.4 774.3 781.6 790.8 805.4 3

 4 Open market paper 0.8 1.0 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Treasury securities 7.7 7.4 10.4 8.8 14.2 20.0 21.8 21.9 22.5 17.5 17.7 5

 6 Agency- and GSE-backed securities 86.4 72.5 68.4 82.9 110.8 151.6 166.6 170.9 173.4 182.2 197.7 6

 7 Corporate and foreign bonds 23.5 30.6 34.6 25.7 18.6 3.7 3.7 3.8 3.6 4.1 4.7 7

 8 Depository institution loans n.e.c. 19.5 22.5 27.3 32.1 33.4 36.9 38.3 39.2 39.2 43.5 40.9 8

 9 Home mortgages 226.1 252.5 280.2 312.2 316.9 317.0 316.8 317.8 318.9 320.5 321.3 9

10 Consumer credit 228.6 236.1 236.6 236.2 237.1 226.5 218.1 220.9 223.9 223.0 223.0 10

11 Mutual fund shares 2.2 2.1 2.1 2.0 1.3 1.5 1.7 1.8 1.8 1.8 2.0 11

12 Miscellaneous assets 24.2 24.9 35.9 44.3 50.6 41.9 42.8 20.5 23.4 15.0 13.3 12

13 Total liabilities 555.9 582.2 625.4 679.0 738.3 764.7 792.1 771.5 771.7 776.0 802.6 13

14 Net interbank liabilities -60.1 -61.4 -60.3 -65.9 -76.9 -76.2 -72.5 -74.5 -89.4 -90.1 -96.9 14

15 Shares/deposits 596.1 620.6 652.3 697.4 769.4 803.8 829.3 829.8 836.8 845.3 881.0 15

16 Checkable 81.1 72.6 73.7 75.3 86.9 92.4 98.7 97.1 102.1 103.1 114.5 16

17 Small time and savings 452.5 483.0 508.7 551.7 655.1 681.3 699.4 701.4 702.3 708.7 731.1 17

18 Large time 62.5 65.0 69.9 70.4 27.3 30.1 31.2 31.3 32.4 33.5 35.3 18

19 Federal funds and security RPs (net) -6.7 -5.1 -2.5 2.3 -0.1 -0.0 0.0 -18.8 -10.9 -15.9 -20.9 19

20 Other loans and advances 14.7 18.9 32.3 40.6 26.5 26.1 23.7 22.8 23.7 24.2 22.9 20

21 Miscellaneous liabilities 11.9 9.2 3.6 4.7 19.4 11.0 11.6 12.2 11.5 12.4 16.4 21
Z.1, June 7, 2012 81

L.114 Property-Casualty Insurance Companies

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 1246.3 1335.8 1385.8 1305.5 1384.5 1404.4 1413.8 1411.1 1387.3 1434.4 1484.0 1

 2 Checkable deposits and currency 21.0 29.9 42.7 27.9 27.6 32.6 33.8 35.6 25.7 24.1 28.5 2

 3 Money market fund shares 12.8 13.5 20.7 32.8 29.6 25.6 27.7 26.1 23.6 24.6 21.8 3

 4 Security RPs 2.7 1.9 3.6 4.4 4.5 3.8 3.5 2.3 2.0 1.8 2.0 4

 5 Credit market instruments 819.3 864.1 869.3 853.4 886.7 890.6 895.2 890.3 890.6 918.1 927.4 5

 6 Open market paper 15.8 16.4 13.3 19.1 9.8 7.9 8.5 8.0 5.3 5.5 4.9 6

 7 Treasury securities 106.9 110.0 71.3 65.6 88.5 91.7 93.3 91.9 90.7 93.6 92.9 7

 8 Agency- and GSE-backed securities 117.9 122.0 125.8 114.3 116.2 115.8 116.8 116.9 118.1 122.2 123.7 8

 9 Municipal securities 313.2 335.2 371.3 381.9 369.4 348.4 342.3 333.7 328.3 331.0 335.1 9

10 Corporate and foreign bonds 262.8 277.0 282.9 267.5 298.3 322.6 330.2 335.4 343.7 361.0 365.6 10

11 Commercial mortgages 2.7 3.5 4.8 5.0 4.4 4.1 4.1 4.3 4.6 4.9 5.2 11

12 Corporate equities 199.5 227.0 236.2 193.3 219.8 219.2 222.7 220.2 203.4 224.4 253.0 12

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

14 Trade receivables 82.1 87.0 85.4 86.7 83.0 83.8 84.4 88.2 88.7 87.2 91.3 14

15 Miscellaneous assets 103.3 105.5 121.1 102.6 128.0 143.1 140.6 142.6 148.2 148.7 154.4 15

16 Total liabilities 759.0 826.3 818.6 792.3 817.4 836.0 838.4 844.9 845.5 866.2 879.6 16

17 Security RPs 1.3 1.2 0.5 2.4 0.6 1.5 0.6 0.6 0.5 0.4 0.5 17

18 Taxes payable (net) -1.6 9.4 7.0 -21.1 -15.8 -10.1 -7.9 -13.1 -19.4 -14.5 -8.1 18

19 Miscellaneous liabilities 759.3 815.7 811.1 811.0 832.6 844.6 845.8 857.4 864.3 880.3 887.2 19

L.115 Life Insurance Companies

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

 1 Total financial assets 4350.7 4685.3 4949.7 4515.5 4823.9 5176.3 5276.4 5320.2 5232.6 5340.2 5500.2 1

 2 Checkable deposits and currency 47.7 56.1 58.3 82.8 50.7 51.7 47.3 48.7 58.9 54.8 54.0 2

 3 Money market fund shares 13.5 23.3 21.6 39.2 33.7 21.0 19.7 17.9 17.0 25.8 30.2 3

 4 Security RPs 2.6 2.6 2.7 8.0 10.2 10.9 9.7 8.8 10.8 10.7 10.2 4

 5 Credit market instruments 2753.9 2786.4 2871.2 2882.8 3022.6 3174.2 3215.5 3244.5 3296.9 3323.9 3343.6 5

 6 Open market paper 24.4 28.7 41.7 38.3 49.8 40.9 39.9 38.0 42.1 40.9 37.9 6

 7 Treasury securities 95.4 87.9 70.6 105.7 133.5 156.6 153.8 154.5 160.0 162.7 161.2 7

 8 Agency- and GSE-backed securities 368.5 377.4 382.9 366.2 371.9 376.0 383.3 384.2 386.8 387.1 387.3 8

 9 Municipal securities 32.5 36.6 41.4 47.1 73.1 112.3 116.0 118.1 120.7 122.6 119.6 9

10 Corporate and foreign bonds 1824.8 1819.5 1862.6 1817.0 1927.2 2030.2 2064.3 2084.1 2111.5 2128.7 2150.0 10

11 Other loans and advances 122.8 132.6 145.8 166.1 140.9 140.7 139.8 142.4 146.5 148.7 150.3 11

12 Mortgages 285.5 303.8 326.2 342.4 326.1 317.5 318.4 323.1 329.2 333.2 337.2 12

13 Corporate equities 1161.8 1364.8 1464.6 1001.7 1208.5 1402.6 1484.8 1487.8 1355.6 1443.0 1551.4 13

14 Mutual fund shares 109.0 148.8 188.4 121.0 140.8 155.7 158.7 158.5 142.9 150.1 159.1 14

15 Miscellaneous assets 262.1 303.3 342.9 380.1 357.6 360.3 340.7 354.0 350.6 331.9 351.8 15

16 Total liabilities 4088.4 4412.0 4661.7 4266.5 4532.5 4850.8 4957.6 4985.0 4897.3 5001.3 5155.3 16

17 Security RPs 20.9 21.2 20.2 12.9 12.4 10.3 9.5 10.0 9.7 10.4 10.8 17

18 Other loans and advances 11.5 14.2 28.7 54.9 48.3 45.1 45.5 46.2 46.4 46.8 48.5 18

19 Life insurance reserves 1039.9 1119.5 1156.1 1133.4 1194.5 1229.9 1249.3 1262.3 1269.2 1299.4 1321.1 19

20 Pension fund reserves (1) 2197.4 2332.4 2450.8 2184.6 2323.0 2504.7 2565.6 2586.6 2513.1 2562.9 2651.8 20

21 Taxes payable (net) -5.3 -1.3 -4.7 -24.4 -31.4 -28.8 -27.9 -29.1 -30.3 -23.6 -27.3 21

22 Miscellaneous liabilities 824.0 925.9 1010.6 905.0 985.6 1089.7 1115.5 1109.0 1089.2 1105.4 1150.5 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, June 7, 2012

L.116 Private Pension Funds (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 5388.6 6082.8 6410.6 4552.7 5471.0 6100.1 6331.2 6325.3 5689.9 6070.3 6540.2 1

 2 Checkable deposits and currency 10.8 11.2 11.8 12.3 16.4 20.9 19.9 20.8 21.2 22.0 21.2 2

 3 Time and savings deposits 62.2 63.1 67.7 67.9 72.7 72.8 72.8 73.3 73.0 73.3 73.3 3

 4 Money market fund shares 86.7 90.1 93.5 95.7 96.4 96.3 96.2 96.2 96.1 96.1 92.2 4

 5 Security RPs 21.6 22.4 25.8 33.1 36.2 36.1 36.4 31.9 32.3 31.9 35.1 5

 6 Credit market instruments 699.9 758.3 860.8 951.4 1063.0 1122.4 1130.9 1133.8 1153.0 1161.2 1168.2 6

 7 Open market paper 31.5 31.7 26.9 37.2 26.7 18.2 19.3 18.7 18.1 16.7 17.5 7

 8 Treasury securities 116.5 130.8 169.5 184.9 310.7 391.0 399.0 405.6 424.5 436.2 448.1 8

 9 Agency- and GSE-backed securities 252.0 268.6 296.8 318.1 269.1 257.6 258.8 255.4 254.9 252.4 248.7 9

10 Corporate and foreign bonds 290.0 317.6 357.4 400.1 442.9 440.1 438.8 439.2 441.4 440.9 439.2 10

11 Mortgages 9.8 9.5 10.2 11.1 13.6 15.5 15.0 14.8 14.2 15.0 14.8 11

12 Corporate equities 2441.7 2724.8 2673.3 1599.7 1835.7 2081.1 2185.3 2164.7 1815.5 2004.6 2244.1 12

13 Mutual fund shares 1585.4 1880.4 2110.6 1366.0 1817.3 2121.1 2230.7 2250.6 1995.1 2144.6 2334.7 13

14 Miscellaneous assets 480.2 532.5 567.1 426.5 533.3 549.4 559.0 554.0 503.8 536.8 571.4 14

15 Unallocated insurance contracts (2) 338.4 387.9 431.3 317.6 412.8 457.5 471.6 471.0 420.9 450.8 485.8 15

16 Contributions receivable 44.8 42.8 47.2 47.9 50.5 49.2 49.0 49.0 49.1 49.4 49.7 16

17 Other 97.0 101.8 88.6 61.0 70.0 42.8 38.4 34.1 33.8 36.6 35.9 17

18 Pension fund reserves (liabilities) (3) 5427.8 6120.5 6444.8 4588.0 5507.4 6136.6 6367.7 6361.8 5726.5 6106.9 6576.8 18

 Memo:

 Total financial assets (4)

19 Defined benefit plans 2281.3 2529.5 2596.0 1853.5 2104.7 2264.3 2322.7 2309.7 2102.9 2206.4 2341.2 19

20 Defined contibution plans 3107.3 3553.3 3814.5 2699.2 3366.3 3835.7 4008.5 4015.5 3587.0 3863.9 4199.1 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, June 7, 2012 83

L.117 State and Local Government Employee Retirement Funds

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 2721.4 3089.8 3198.8 2324.5 2673.7 2931.5 3034.2 3013.2 2661.1 2849.1 3079.4 1

 2 Checkable deposits and currency 15.8 13.1 17.9 17.8 17.7 17.3 18.1 17.9 18.6 18.4 18.8 2

 3 Time and savings deposits 1.3 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.7 0.8 3

 4 Money market fund shares 11.7 13.8 12.4 14.3 14.3 13.9 14.7 14.5 15.0 14.8 15.2 4

 5 Security RPs 19.7 24.1 21.7 23.5 23.5 22.8 24.0 23.7 24.6 24.3 24.9 5

 6 Credit market instruments 693.4 808.0 820.3 833.5 824.7 816.5 825.0 820.5 835.6 834.8 840.5 6

 7 Open market paper 35.2 42.8 38.4 25.9 24.0 22.4 23.5 23.2 24.1 23.8 24.4 7

 8 Treasury securities 153.8 156.2 141.6 146.4 174.5 185.6 187.9 186.9 189.0 188.9 188.6 8

 9 Agency- and GSE-backed securities 258.4 307.8 331.1 337.5 306.9 285.2 288.7 287.2 290.4 290.3 289.8 9

10 Municipal securities 1.7 3.3 2.4 1.4 1.5 1.6 1.6 1.6 1.5 1.5 6.4 10

11 Corporate and foreign bonds 227.9 283.4 297.0 312.9 308.6 312.4 314.1 312.4 321.2 320.9 322.0 11

12 Mortgages 16.4 14.4 9.7 9.4 9.3 9.4 9.2 9.2 9.3 9.3 9.3 12

13 Corporate equities 1715.8 1926.1 2013.7 1237.9 1549.8 1782.5 1861.9 1848.2 1525.4 1690.6 1885.0 13

14 Mutual fund shares 248.4 287.5 296.4 181.1 226.7 260.8 272.4 270.4 223.2 247.3 275.8 14

15 Miscellaneous assets 15.4 16.3 15.7 15.7 16.2 17.0 17.3 17.3 18.0 18.1 18.4 15

16 Pension fund reserves (liabilities) (1) 2763.4 3156.6 3297.9 2414.7 2759.8 3024.0 3131.3 3116.3 2771.4 2967.9 3207.9 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 1071.5 1141.1 1197.2 1221.2 1324.4 1425.3 1423.1 1341.1 1427.6 1509.5 1513.6 1

 2 Credit market instruments 76.0 84.3 96.1 120.3 127.7 138.7 142.2 146.1 154.2 158.1 159.5 2

 3 Treasury securities 68.4 76.7 88.0 112.3 119.1 129.2 132.9 136.3 144.0 147.2 147.8 3

 4 Agency- and GSE-backed securities 4.6 4.7 5.0 5.1 5.6 6.3 6.2 6.5 6.8 7.1 7.6 4

 5 Corporate and foreign bonds 2.9 2.9 3.0 2.9 3.0 3.2 3.1 3.2 3.4 3.7 4.1 5

 6 Corporate equities 112.6 138.1 149.1 85.6 119.4 143.7 152.1 152.9 124.1 137.7 156.8 6

 7 Miscellaneous assets (2) 882.9 918.7 952.0 1015.3 1077.2 1142.9 1128.8 1042.1 1149.3 1213.7 1197.2 7

 8 Pension fund reserves (liabilities) (3) 1071.5 1141.1 1197.2 1221.2 1324.4 1425.3 1423.1 1341.1 1427.6 1509.5 1513.6 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, June 7, 2012

L.119 Money Market Mutual Funds (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 2006.9 2312.1 3033.1 3757.3 3258.3 2755.3 2679.4 2637.8 2578.4 2642.5 2535.4 1

 2 Foreign deposits 94.7 84.1 127.3 129.3 97.1 105.9 109.4 112.2 86.7 58.5 48.6 2

 3 Checkable deposits and currency -0.9 6.7 1.9 7.5 17.9 14.2 13.3 20.7 18.8 19.1 3.2 3

 4 Time and savings deposits 183.0 206.7 270.6 355.2 573.2 468.0 467.3 462.3 397.8 380.1 360.3 4

 5 Security RPs 346.0 394.6 605.9 542.4 479.9 479.4 437.5 457.6 479.7 484.0 491.4 5

 6 Credit market instruments 1340.8 1560.8 1936.4 2675.0 2031.0 1621.0 1582.4 1521.0 1527.2 1628.2 1569.7 6

 7 Open market paper 492.2 608.3 674.6 618.5 510.5 394.2 395.5 361.1 349.5 355.1 355.5 7

 8 Treasury securities 88.6 82.7 178.1 577.7 406.4 335.4 337.5 341.5 373.5 443.3 473.8 8

 9 Agency- and GSE-backed securities 160.1 131.4 235.9 756.2 543.0 402.8 373.4 359.4 384.1 403.7 327.3 9

10 Municipal securities 336.8 370.3 471.0 494.6 401.3 334.4 321.0 305.8 292.0 296.5 286.8 10

11 Corporate and foreign bonds 263.2 368.3 376.8 228.0 169.9 154.2 154.9 153.2 128.1 129.6 126.3 11

12 Miscellaneous assets 43.3 59.2 90.9 47.9 59.1 66.9 69.5 64.0 68.3 72.7 62.3 12

13 Total shares outstanding (liabilities) 2006.9 2312.1 3033.1 3757.3 3258.3 2755.3 2679.4 2637.8 2578.4 2642.5 2535.4 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 6048.9 7068.3 7829.0 5435.3 6961.6 7934.5 8471.9 8570.5 7532.8 8000.5 8835.7 1

 2 Security RPs 115.4 132.8 132.2 124.7 153.3 137.5 218.5 221.8 126.7 108.7 129.3 2

 3 Credit market instruments 1747.1 1932.0 2203.1 2276.4 2657.2 3031.4 3160.9 3267.8 3317.9 3458.9 3680.8 3

 4 Open market paper 97.1 114.5 114.1 51.6 80.2 66.3 144.0 147.2 55.7 40.0 59.3 4

 5 Treasury securities 155.7 160.7 179.2 187.9 255.5 297.4 298.2 306.4 329.1 352.7 375.7 5

 6 Agency- and GSE-backed securities 483.4 499.1 565.4 592.7 639.1 791.1 793.4 819.1 890.3 964.4 1036.3 6

 7 Municipal securities 311.7 344.4 372.2 389.6 480.2 526.6 515.1 520.1 526.9 542.6 563.3 7

 8 Corporate and foreign bonds 662.7 767.0 889.9 959.9 1126.8 1275.4 1323.5 1375.3 1420.7 1465.8 1554.5 8

 9 Other loans and advances 36.5 46.3 82.4 94.8 75.4 74.6 86.7 99.7 95.3 93.5 91.7 9

10 Corporate equities 4175.7 4989.6 5476.9 3014.1 4136.2 4762.7 5087.0 5067.4 4073.8 4427.2 5019.8 10

11 Miscellaneous assets 10.7 14.0 16.8 20.0 14.9 2.9 5.5 13.4 14.4 5.7 5.7 11

12 Total shares outstanding (liabilities) 6048.9 7068.3 7829.0 5435.3 6961.6 7934.5 8471.9 8570.5 7532.8 8000.5 8835.7 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 270.8 293.3 315.8 201.2 225.5 239.5 245.3 246.2 235.7 237.1 246.8 1

 2 Credit market instruments 165.8 171.8 170.9 129.9 139.5 144.4 146.6 147.2 142.4 143.3 141.4 2

 3 Treasury securities 7.1 7.4 5.6 3.2 4.3 5.1 5.2 5.2 4.8 4.7 4.5 3

 4 Municipal securities 89.4 89.4 91.3 77.9 81.2 81.3 80.7 82.0 80.1 82.4 82.6 4

 5 Corporate and foreign bonds 69.3 75.1 74.0 48.7 54.0 58.1 60.7 60.1 57.5 56.2 54.2 5

 6 Corporate equities 105.0 121.5 144.9 71.3 86.0 95.1 98.7 99.0 93.3 93.8 105.4 6

 7 Total shares outstanding (liabilities) 270.8 293.3 315.8 201.2 225.5 239.5 245.3 246.2 235.7 237.1 246.8 7

 Exchange-traded funds

 8 Total financial assets 300.8 422.8 607.7 530.9 772.9 986.5 1046.9 1068.2 943.1 1034.9 1170.8 8

 9 Credit market instruments 15.0 20.7 34.0 57.0 102.9 132.6 138.0 148.9 160.4 171.4 180.7 9

10 Treasury securities 9.7 13.1 19.7 27.0 41.7 51.0 52.8 56.7 61.1 62.4 61.9 10

11 Municipal securities 0.0 0.0 0.6 2.3 5.9 7.6 7.5 7.7 7.8 8.6 9.7 11

12 Corporate and foreign bonds 5.3 7.6 13.8 27.7 55.3 74.0 77.8 84.5 91.4 100.4 109.1 12

13 Corporate equities 285.8 402.0 573.7 473.9 669.9 853.9 908.9 919.3 782.8 863.5 990.1 13

14 Total shares outstanding (liabilities) 300.8 422.8 607.7 530.9 772.9 986.5 1046.9 1068.2 943.1 1034.9 1170.8 14
Z.1, June 7, 2012 85

L.122 Government-Sponsored Enterprises (GSEs) (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 2819.4 2872.9 3174.3 3407.9 3047.3 6721.1 6687.1 6562.0 6520.1 6479.8 6406.5 1

 2 Checkable deposits and currency 14.6 16.4 13.7 88.3 99.4 63.4 70.4 62.3 63.7 72.7 42.5 2

 3 Time and savings deposits 35.3 33.9 46.6 68.5 25.7 26.1 23.7 23.1 11.7 13.4 11.1 3

 4 Federal funds and security RPs (net) 107.7 117.4 142.7 114.5 122.1 150.0 156.3 115.1 114.3 111.9 107.2 4

 5 Credit market instruments 2543.9 2590.5 2829.5 3037.5 2699.7 6333.1 6327.9 6252.4 6176.5 6133.4 6095.8 5

 6 Open market paper 13.8 32.4 27.7 6.8 9.7 9.9 9.5 9.3 9.2 6.5 5.2 6

 7 Treasury securities 13.1 14.2 15.5 16.8 21.9 55.2 58.5 63.3 68.5 75.4 78.8 7

 8 Agency- and GSE-backed securities 751.1 714.0 702.9 910.0 924.5 377.0 373.9 368.2 368.1 358.9 347.7 8

 9 Municipal securities 39.7 36.1 33.3 31.3 29.1 24.9 23.8 22.9 22.0 21.0 20.2 9

10 Corporate and foreign bonds 465.7 481.7 464.4 386.6 310.8 293.9 284.7 270.0 264.3 260.5 253.9 10

11 Other loans and advances 671.8 704.9 942.6 980.7 695.9 551.3 522.8 500.2 479.8 487.0 467.3 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 51.6 63.5 75.5 80.3 80.0 87.3 89.6 85.1 81.0 83.8 86.6 13

14 FHLB 620.2 641.4 867.1 900.5 615.9 464.0 433.2 415.1 398.9 403.3 380.7 14

15 Mortgages 588.8 607.2 643.1 705.3 707.7 5021.0 5054.6 5018.4 4964.6 4924.0 4922.8 15

16 Home 453.9 457.6 447.9 456.6 445.4 4701.5 4735.8 4701.4 4646.2 4603.2 4600.2 16

17 Consolidated trusts (2) 0.0 0.0 0.0 0.0 0.0 4141.0 4170.5 4146.4 4085.3 4032.1 4033.8 17

18 Other 453.9 457.6 447.9 456.6 445.4 560.5 565.3 555.0 561.0 571.1 566.5 18

19 Multifamily residential 93.0 105.4 147.7 190.2 204.4 256.5 256.1 254.6 256.4 259.2 261.3 19

20 Consolidated trusts (2) 0.0 0.0 0.0 0.0 0.0 75.4 81.4 87.3 92.6 99.9 106.2 20

21 Other 93.0 105.4 147.7 190.2 204.4 181.1 174.7 167.3 163.7 159.4 155.1 21

22 Farm 42.0 44.2 47.6 58.5 57.9 63.0 62.7 62.4 62.0 61.6 61.2 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 117.8 114.7 141.7 99.1 100.3 148.6 108.8 109.2 154.0 148.5 150.1 24

25 Total liabilities 2734.0 2781.2 3081.3 3390.2 2977.0 6589.1 6577.8 6455.0 6413.5 6377.9 6310.6 25

26 Credit market instruments 2592.2 2627.8 2910.2 3181.9 2706.6 6434.5 6437.3 6317.3 6282.7 6247.3 6178.6 26

27 GSE issues (4) 2592.2 2627.8 2910.2 3181.9 2706.6 6434.5 6437.3 6317.3 6282.7 6247.3 6178.6 27

28 Consolidated trusts (2) 0.0 0.0 0.0 0.0 0.0 4216.4 4251.8 4233.7 4177.9 4132.0 4140.0 28

29 Other 2592.2 2627.8 2910.2 3181.9 2706.6 2218.1 2185.5 2083.6 2104.8 2115.4 2038.6 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 141.8 153.4 171.1 208.2 270.4 154.6 140.5 137.7 130.7 130.6 132.0 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 3548.5 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 1

 2 Home mortgages 3446.4 3749.1 4371.8 4864.0 5266.5 1068.8 1112.5 1155.7 1194.5 1216.8 1237.2 2

 3 Multifamily residential mortgages 101.3 88.8 88.1 92.8 105.7 66.9 71.3 77.1 81.1 86.4 91.1 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 0.8 3.2 4.5 4.7 4.5 3.8 3.2 3.2 1.7 1.7 1.6 5

 6 Total pool securities (liabilities)(2) 3548.5 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 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, June 7, 2012

L.124 Issuers of Asset-Backed Securities (ABS)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 3389.4 4176.3 4531.0 4120.4 3305.7 2276.4 2189.7 2137.4 2067.2 2017.7 1958.9 1

 2 Treasury securities 27.7 61.1 85.8 72.2 53.9 40.1 35.9 36.3 31.4 29.2 25.9 2

 3 Agency- and GSE-backed securities (1) 323.7 350.1 372.4 346.1 117.4 19.0 17.0 15.0 13.5 11.5 9.0 3

 4 Other loans and advances 188.3 253.4 341.9 379.8 252.2 201.0 177.5 194.7 189.2 195.2 201.4 4

 5 Mortgages (2) 2140.0 2767.2 2946.3 2593.9 2227.6 1901.4 1848.2 1786.9 1731.9 1679.2 1623.2 5

 6 Home 1633.7 2153.0 2188.7 1876.0 1556.9 1284.4 1230.0 1181.3 1137.2 1092.2 1047.9 6

 7 Multifamily residential 89.4 102.5 124.0 113.2 107.4 98.7 98.0 95.4 93.2 90.6 88.1 7

 8 Commercial 416.8 511.7 633.6 604.7 563.3 518.3 520.2 510.3 501.5 496.4 487.2 8

 9 Consumer credit 609.9 636.3 673.0 632.9 593.3 63.0 57.5 53.3 53.8 55.0 54.0 9

10 Trade credit 99.8 108.3 111.7 95.5 61.3 51.8 53.6 51.1 47.5 47.6 45.3 10

11 Total liabilities 3393.5 4179.9 4534.1 4123.1 3308.0 2278.4 2191.6 2139.3 2069.0 2019.4 1960.6 11

12 Commercial paper 674.4 837.4 643.1 559.3 293.1 120.2 128.3 116.2 108.5 96.0 97.7 12

13 Corporate bonds (net) (3) 2719.1 3342.6 3891.0 3563.9 3015.0 2158.2 2063.3 2023.1 1960.5 1923.4 1862.9 13

 Memo:

 Securitized assets not included above

14 Consumer leases (4) 4.2 3.6 3.1 2.7 2.3 2.0 2.0 1.9 1.8 1.7 1.7 14

15 REIT assets (5) 107.3 110.0 92.1 45.4 20.1 20.5 21.2 20.9 19.5 17.4 17.2 15

 Securitized liabilities not included above

16 Commercial paper (6) 0.0 0.0 0.0 0.0 0.0 112.9 109.2 109.0 109.9 120.6 104.3 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 1856.9 1891.3 1911.2 1851.7 1662.5 1590.0 1581.1 1555.9 1562.9 1546.5 1529.0 1

 2 Checkable deposits and currency 17.4 15.8 16.2 16.5 17.0 15.3 15.7 15.8 16.3 15.7 15.9 2

 3 Time and savings deposits 52.2 47.4 48.6 49.4 51.0 45.9 47.2 47.4 48.9 47.1 47.6 3

 4 Credit market instruments 1740.6 1809.2 1816.3 1734.4 1516.7 1539.2 1519.6 1491.2 1490.4 1488.1 1467.0 4

 5 Corporate and foreign bonds 203.5 184.8 189.4 192.4 198.6 179.0 184.1 184.9 190.5 183.8 185.4 5

 6 Other loans and advances 479.2 498.0 523.0 539.9 448.9 441.0 439.7 429.1 428.1 433.8 429.2 6

 7 Mortgages 541.4 594.4 531.9 447.9 397.4 344.2 331.0 319.5 311.2 303.2 293.3 7

 8 Consumer credit 516.5 531.9 572.1 554.3 471.9 575.0 564.8 557.7 560.6 567.3 559.1 8

 9 Miscellaneous assets 46.7 18.9 30.1 51.5 77.8 -10.4 -1.4 1.4 7.3 -4.5 -1.4 9

10 Total liabilities 1828.3 1876.8 1949.6 1880.5 1630.3 1536.7 1512.4 1487.2 1498.8 1482.1 1458.7 10

11 Credit market instruments 1108.6 1144.2 1279.6 1200.3 1044.1 962.1 949.6 917.4 918.1 915.3 909.7 11

12 Open market paper 160.0 165.3 123.5 100.9 62.1 63.8 65.4 61.0 57.3 61.4 61.8 12

13 Corporate bonds 806.5 849.7 974.1 924.5 837.5 818.7 796.0 781.3 794.6 774.9 771.5 13

14 Depository institution loans n.e.c. 142.1 129.2 182.0 174.9 144.5 79.6 88.2 75.2 66.2 79.0 76.5 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 16.9 17.0 15.5 15.4 12.7 12.9 12.8 12.8 13.3 12.9 12.9 16

17 Miscellaneous liabilities 702.8 715.7 654.4 664.8 573.6 561.7 550.0 556.9 567.4 553.8 536.1 17

18 Foreign direct investment in U.S. 38.8 51.1 68.6 78.1 75.0 83.6 84.7 87.6 87.3 91.8 94.1 18

19 Investment by parent 312.2 338.5 321.4 313.0 280.5 264.6 257.5 268.1 267.4 267.5 256.6 19

20 Other 351.8 326.0 264.4 273.7 218.1 213.5 207.7 201.3 212.8 194.5 185.4 20

 Memo:

21 Consumer leases not included above (2) 85.3 106.0 122.9 111.1 85.4 72.7 73.3 73.8 74.9 77.9 80.8 21

(1) Includes retail captive finance companies and mortgage companies.

(2) See footnote (4), table L.124.
Z.1, June 7, 2012 87

L.126 Real Estate Investment Trusts (REITs)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 305.8 344.5 318.5 250.6 241.2 283.0 346.6 374.8 399.4 401.3 466.6 1

 2 Checkable deposits and currency 13.6 18.4 16.6 18.4 26.3 23.5 29.0 23.7 26.9 25.6 29.4 2

 3 Credit market instruments 240.3 266.4 246.5 177.6 168.9 206.0 258.0 288.4 308.5 308.9 365.2 3

 4 Agency- and GSE-backed securities 40.6 65.4 88.9 89.6 105.1 143.3 190.7 216.9 239.1 244.7 299.4 4

 5 Corporate and foreign bonds 53.0 64.6 34.4 11.7 15.5 20.8 24.6 26.2 27.1 22.1 25.6 5

 6 Mortgages 146.7 136.3 123.1 76.3 48.3 41.9 42.7 45.3 42.3 42.1 40.2 6

 7 Home 127.9 104.2 80.7 34.3 12.6 8.9 9.0 9.0 8.1 8.1 8.0 7

 8 Multifamily residential 1.9 5.0 5.2 4.3 2.3 1.9 1.8 1.8 1.8 1.7 1.7 8

 9 Commercial 16.8 27.1 37.3 37.7 33.4 31.2 31.9 34.5 32.4 32.3 30.5 9

10 Miscellaneous assets 51.9 59.7 55.4 54.6 46.1 53.5 59.6 62.8 64.1 66.8 72.0 10

11 Total liabilities 534.2 571.8 580.5 511.6 458.8 501.7 557.4 589.8 620.2 633.2 695.8 11

12 Security RPs 83.5 97.9 91.7 79.4 90.4 120.5 160.9 187.1 210.9 215.4 258.7 12

13 Credit market instruments 395.5 411.0 421.2 367.4 317.4 315.2 326.4 330.6 334.1 343.4 347.4 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 216.7 230.6 231.3 171.0 129.8 129.7 141.3 141.5 139.2 145.1 152.0 15

16 Depository institution loans n.e.c. 33.3 28.4 33.2 32.8 20.7 18.5 16.2 15.6 20.4 22.1 18.4 16

17 Mortgages 145.5 152.1 156.7 163.5 166.9 167.1 168.9 173.5 174.5 176.2 177.0 17

18 Miscellaneous liabilities 55.3 63.0 67.6 64.9 51.1 66.0 70.1 72.1 75.3 74.4 89.7 18

 Memo:

19 Securitized assets included above 107.3 110.0 92.1 45.4 20.1 20.5 21.2 20.9 19.5 17.4 17.2 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 102.5 92.7 72.4 31.8 6.1 7.2 7.3 7.4 6.4 6.5 6.6 21

22 Multifamily residential mortgages 0.1 0.4 0.4 0.4 0.4 0.4 0.4 0.3 0.3 0.3 0.3 22

23 Commercial mortgages 4.7 17.0 19.3 13.2 13.7 13.0 13.5 13.1 12.8 10.7 10.3 23
88 Z.1, June 7, 2012

L.127 Security Brokers and Dealers

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 2127.1 2741.7 3092.0 2217.2 2084.2 2075.1 2101.8 2128.3 1980.6 1953.5 2064.3 1

 2 Checkable deposits and currency 56.5 80.5 105.0 120.1 90.7 96.9 92.1 108.4 115.3 114.8 117.4 2

 3 Credit market instruments 477.2 583.4 803.1 717.4 525.3 557.5 556.8 549.6 511.2 567.2 610.9 3

 4 Open market paper 60.2 64.3 87.1 65.7 41.5 36.2 39.6 42.2 40.4 42.1 43.7 4

 5 Treasury securities -64.6 -67.0 -60.0 190.6 123.0 94.5 78.5 56.6 79.3 187.8 204.0 5

 6 Agency- and GSE-backed securities 101.0 138.0 290.2 242.6 110.9 149.8 153.2 174.7 166.7 147.7 148.7 6

 7 Municipal securities 42.9 50.9 50.1 38.7 35.4 40.0 37.0 40.6 36.6 31.5 34.7 7

 8 Corporate and foreign bonds 315.7 355.5 382.8 123.8 154.4 189.5 202.5 187.5 133.8 103.7 125.6 8

 9 Other loans and advances 22.0 41.7 52.8 55.9 60.1 47.4 45.9 48.0 54.4 54.3 54.3 9

10 Corporate equities 158.3 186.4 224.8 109.2 124.2 117.2 131.7 131.3 97.8 100.9 116.4 10

11 Security credit 232.4 292.1 325.5 164.8 203.0 278.2 315.7 312.8 251.9 238.5 267.7 11

12 Miscellaneous assets 1202.6 1599.4 1633.7 1105.7 1141.0 1025.3 1005.5 1026.2 1004.5 932.0 951.9 12

13 Total liabilities 2052.6 2669.1 3019.4 2158.1 1987.8 1990.2 2014.1 2043.2 1905.7 1889.3 1993.8 13

14 Security RPs (net) 733.6 1071.8 1147.3 586.9 470.9 404.7 427.1 387.9 179.5 213.3 251.8 14

15 Credit market instruments 62.4 68.8 64.8 142.6 92.9 129.7 128.2 110.1 99.2 91.8 98.0 15

16 Corporate bonds 62.4 68.8 64.8 97.1 92.9 129.7 128.2 110.1 99.2 91.8 98.0 16

17 Depository institution loans n.e.c. (1) 0.0 0.0 0.0 45.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

18 Trade payables 43.1 48.3 45.8 21.2 70.1 18.1 18.5 19.3 16.4 14.2 17.5 18

19 Security credit 806.0 957.8 1200.9 963.6 888.2 936.6 942.3 1011.0 1128.9 1073.6 1107.8 19

20 Customer credit balances (HH) 575.3 655.7 866.4 742.7 668.6 694.3 703.3 757.7 804.9 752.3 762.3 20

21 From U.S.-chartered depository institutions 95.6 116.5 145.9 158.6 158.0 152.3 152.1 163.2 186.9 189.6 190.8 21

22 From foreign banking offices in U.S. 135.1 185.6 188.6 62.3 61.6 90.1 86.9 90.1 137.2 131.7 154.7 22

23 Taxes payable 2.1 2.8 2.2 2.5 5.7 3.6 4.2 4.3 3.7 2.1 3.0 23

24 Miscellaneous liabilities 405.5 519.5 558.4 441.4 460.1 497.5 493.7 510.6 478.0 494.2 515.7 24

25 Foreign direct investment in U.S. 49.9 61.0 62.6 72.1 74.5 103.0 104.7 108.6 113.2 113.6 115.8 25

26 Investment by funding corporations 524.1 551.0 567.5 672.1 1119.3 1076.6 1117.4 1092.4 1094.5 1119.5 1224.3 26

27 Other -168.5 -92.5 -71.7 -302.8 -733.7 -682.0 -728.4 -690.4 -729.6 -738.9 -824.4 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, June 7, 2012 89

L.128 Holding Companies (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 1651.5 1937.9 2141.3 2430.3 3317.2 3312.7 3376.4 3416.3 3419.3 3357.3 3625.0 1

 2 Time and savings deposits 1.4 1.6 0.8 0.7 11.2 10.0 11.5 14.0 14.3 12.4 14.2 2

 3 Federal funds and security RPs 8.5 9.5 6.9 0.3 48.2 50.3 58.7 61.7 52.7 50.5 0.2 3

 4 Credit market instruments 32.2 36.0 59.1 73.0 75.8 97.9 105.7 105.3 110.5 101.1 178.8 4

 5 Treasury securities 1.1 2.5 7.1 3.1 5.8 19.6 16.1 9.0 20.4 26.8 29.3 5

 6 Agency- and GSE-backed securities 11.2 11.2 9.9 25.8 24.3 21.1 22.2 31.5 43.2 33.1 33.8 6

 7 Corporate and foreign bonds 11.8 16.7 35.9 35.8 31.1 38.3 40.5 40.6 22.0 18.3 62.6 7

 8 Other loans and advances 8.1 5.6 6.3 8.2 14.6 18.9 26.9 24.2 24.8 22.9 53.1 8

 9 Life insurance reserves 0.0 15.2 20.5 19.3 21.4 25.1 25.1 25.0 26.5 27.6 34.2 9

10 Miscellaneous assets 1609.4 1875.8 2054.0 2337.0 3160.6 3129.4 3175.4 3210.2 3215.3 3165.9 3397.6 10

11 Net transactions with depository subsidiaries 989.7 1142.9 1256.9 1370.5 1599.5 1632.8 1671.0 1674.2 1696.8 1711.9 1782.4 11

12 Net transactions with life insurance company subsidiaries 35.6 38.3 43.7 31.2 40.5 62.7 64.5 67.4 74.6 72.0 71.5 12

13 Net transactions with finance company subsidiaries 195.2 198.5 239.9 232.6 209.3 173.1 148.8 154.9 154.5 154.6 148.3 13

14 Net transactions with broker and dealer subsidiaries 110.2 114.5 57.0 155.2 596.1 568.4 598.9 552.7 539.2 554.8 653.7 14

15 Net transactions with foreign subsidiaries 27.1 68.4 110.6 101.5 125.1 135.6 121.9 186.2 195.9 162.1 181.4 15

16 Other 251.6 313.2 345.9 446.0 590.3 556.7 570.3 574.8 554.4 510.4 560.3 16

17 Total liabilities 706.4 863.4 1046.6 1231.5 1802.2 1760.0 1789.1 1802.7 1771.5 1703.1 1814.7 17

18 Federal funds and security RPs 9.1 10.3 7.7 0.7 0.6 0.8 1.1 1.3 1.2 1.2 1.1 18

19 Credit market instruments 481.8 558.7 710.6 807.9 1253.7 1237.2 1258.1 1269.7 1248.8 1220.8 1235.8 19

20 Commercial paper 57.1 81.7 116.7 77.7 60.8 64.7 73.6 76.9 71.7 75.9 72.0 20

21 Corporate bonds 372.4 421.5 516.0 638.9 1028.7 982.2 984.4 934.3 912.7 890.6 929.4 21

22 Depository institution loans n.e.c. 52.3 55.4 77.9 91.3 164.2 190.3 200.1 258.4 264.4 254.3 234.5 22

23 Miscellaneous liabilities 215.5 294.4 328.3 422.9 548.0 522.0 529.8 531.6 521.5 481.1 577.8 23

(1) Parent only bank holding companies and savings and loan holding companies that file the Federal Reserve Board form Y-9 LP or the Y-9 SP.
90 Z.1, June 7, 2012

L.129 Funding Corporations (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 1343.8 1476.4 1857.6 2861.5 2419.9 2311.4 2201.9 2168.7 2168.1 2207.1 2241.7 1

 2 Money market fund shares 418.9 463.9 790.2 1060.3 897.5 756.5 728.4 717.0 665.7 703.3 669.8 2

 3 Security RPs 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 3

 4 Credit market instruments 322.2 378.7 316.0 1007.7 770.9 848.6 766.0 738.5 806.9 801.2 847.0 4

 5 Open market paper 244.1 304.2 125.2 304.6 37.8 67.1 31.3 19.1 56.1 39.4 27.4 5

 6 Corporate and foreign bonds 67.5 60.4 170.0 667.3 710.2 760.1 716.5 700.4 734.5 742.4 797.7 6

 7 Other loans and advances 10.6 14.1 20.8 35.9 22.9 21.4 18.3 19.0 16.4 19.4 22.0 7

 8 Corporate equities (2) 0.0 0.0 0.0 0.0 25.1 26.4 0.0 0.0 0.0 0.0 0.0 8

 9 Miscellaneous assets 602.8 633.9 751.5 793.5 726.3 679.8 707.4 713.1 695.4 702.5 724.8 9

10 Investment in foreign banking offices 188.8 197.3 241.0 276.6 203.1 171.6 188.9 173.4 140.1 137.8 154.3 10

11 Investment in brokers and dealers 414.0 436.5 510.5 516.9 523.2 508.2 518.5 539.7 555.3 564.7 570.5 11

12 Total liabilities 1343.8 1476.4 1857.6 2861.5 2419.9 2311.4 2201.9 2168.7 2168.1 2207.1 2241.7 12

13 Credit market instruments 619.9 645.3 786.4 1252.8 816.8 751.4 739.8 737.7 731.0 711.4 717.6 13

14 Open market paper 274.5 278.3 367.9 388.0 261.7 214.3 216.0 194.4 179.8 153.9 168.5 14

15 Corporate bonds 345.3 367.0 418.5 419.9 457.8 454.6 464.5 491.1 510.4 526.2 528.4 15

16 Depository institution loans n.e.c. (3) 0.0 0.0 0.0 444.9 95.3 73.4 49.9 42.5 31.0 21.5 11.9 16

17 Other loans and advances (4) 0.0 0.0 0.0 0.0 2.0 9.2 9.3 9.7 9.8 9.8 8.8 17

18 Miscellaneous liabilities 724.0 831.1 1071.2 1608.7 1603.1 1559.9 1462.2 1431.0 1437.1 1495.7 1524.1 18

19 Foreign direct investment in U.S. 8.4 9.0 9.6 10.2 10.8 11.4 11.6 11.7 11.9 12.0 12.2 19

20 Securities loaned (net) 939.7 1242.3 1240.2 887.0 856.8 733.4 709.6 727.8 727.0 658.4 651.6 20

21 Equity interest under PPIP 0.0 0.0 0.0 0.0 1.8 7.7 7.8 8.3 8.7 8.8 8.8 21

22 Other (net) -224.1 -420.2 -178.6 711.5 733.7 807.5 733.3 683.3 689.6 816.6 851.5 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, June 7, 2012 91

L.200 U.S. Official Reserve Assets and SDR Allocations (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total liabilities 61.1 62.2 67.3 74.2 175.1 175.8 184.3 189.3 186.4 183.8 184.5 1

 2 Federal government: SDR allocations 7.0 7.4 7.7 7.5 55.4 54.4 56.0 56.5 55.2 54.2 54.7 2

 3 Rest of the world 54.1 54.9 59.5 66.6 119.7 121.4 128.3 132.8 131.3 129.6 129.8 3

 4 SDR holdings 8.2 8.9 9.5 9.3 57.8 56.8 56.5 57.2 55.9 55.0 55.5 4

 5 Reserve position in IMF (net) 8.0 5.0 4.2 7.7 11.4 12.5 19.3 21.7 22.7 22.8 23.2 5

 6 Foreign currency holdings 37.8 40.9 45.8 49.6 50.5 52.1 52.4 53.8 52.8 51.9 51.1 6

 7 Total assets 72.1 73.3 78.3 85.2 186.1 186.8 195.3 200.4 197.5 194.9 195.5 7

 8 Federal government 35.3 34.5 36.4 41.9 94.6 95.4 102.1 105.9 105.0 103.9 104.5 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 8.2 8.9 9.5 9.3 57.8 56.8 56.5 57.2 55.9 55.0 55.5 10

11 Reserve position in IMF (net) 8.1 5.2 4.4 7.8 11.5 12.6 19.5 21.9 22.8 23.0 23.5 11

12 Foreign currency holdings 18.9 20.5 22.5 24.8 25.2 26.0 26.1 26.8 26.3 25.8 25.5 12

13 Rest of the world: SDR allocations 7.0 7.4 7.7 7.5 55.4 54.4 56.0 56.5 55.2 54.2 54.7 13

14 Monetary authority 29.9 31.4 34.2 35.7 36.2 37.0 37.2 37.9 37.4 36.8 36.4 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 -0.1 -0.2 -0.2 -0.1 -0.3 -0.3 16

17 Foreign currency holdings 18.9 20.5 23.3 24.8 25.3 26.1 26.3 27.0 26.5 26.0 25.6 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 2.2 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 2.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 2

 Treasury currency:

 3 Liab: Federal government 27.5 28.1 27.4 26.6 26.2 25.9 25.9 25.9 25.9 25.9 25.9 3

 4 Asset: Monetary authority 36.5 38.2 38.7 38.7 42.7 43.5 43.8 44.0 44.1 44.2 44.4 4

 5 Discrepancy (seigniorage) -9.1 -10.1 -11.3 -12.1 -16.5 -17.6 -17.9 -18.0 -18.2 -18.3 -18.5 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 997.8 1085.0 1340.9 946.7 840.6 912.3 957.7 941.7 931.5 848.4 838.2 1

 Held by:

 2 Household sector 59.9 65.2 80.5 56.9 50.5 54.8 57.5 56.6 56.0 51.0 45.4 2

 3 Nonfinancial corporate business 63.6 49.3 50.3 24.7 31.5 41.1 48.2 44.5 42.0 38.4 36.1 3

 4 Money market mutual funds 94.7 84.1 127.3 129.3 97.1 105.9 109.4 112.2 86.7 58.5 48.6 4

 5 Discrepancy--unallocated assets 779.5 886.3 1082.9 735.8 661.4 710.5 742.7 728.4 746.8 700.4 708.1 5
92 Z.1, June 7, 2012

L.203 Net Interbank Transactions

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total liabilities 161.4 190.3 136.3 1922.9 1325.5 1147.7 1847.7 2025.2 2081.0 1984.8 1985.1 1

 2 Monetary authority 69.1 70.4 75.8 917.7 1031.9 1020.8 1460.3 1651.4 1648.1 1623.1 1606.5 2

 3 U.S.-chartered depository institutions 297.1 397.2 527.5 1238.0 697.2 480.9 480.7 410.3 323.4 233.3 275.6 3

 4 Foreign banking offices in U.S. -141.7 -213.0 -404.1 -163.7 -322.5 -274.4 -16.7 42.4 203.8 223.0 204.3 4

 5 Banks in U.S.-affiliated areas -3.0 -2.9 -2.6 -3.2 -4.2 -3.3 -4.1 -4.4 -4.9 -4.6 -4.4 5

 6 Credit unions -60.1 -61.4 -60.3 -65.9 -76.9 -76.2 -72.5 -74.5 -89.4 -90.1 -96.9 6

 7 Total assets 203.3 235.2 178.1 1940.4 1320.5 1165.5 1848.9 2020.8 2071.1 1990.1 1994.6 7

 8 Rest of the world 133.2 165.1 53.7 464.5 194.0 145.9 390.0 370.2 423.7 367.5 388.8 8

 9 Monetary authority 1.0 -0.3 48.6 558.2 94.5 -1.2 -1.3 -0.8 -0.7 -0.4 -0.7 9

10 U.S.-chartered depository institutions 68.2 69.8 74.8 674.1 725.0 633.1 764.7 923.6 843.9 866.0 865.6 10

11 Foreign banking offices in U.S. 0.9 0.6 1.0 239.0 284.1 350.8 640.8 677.5 762.5 711.0 679.1 11

12 Credit unions 0.0 0.0 0.0 4.7 22.8 36.9 54.7 50.2 41.8 46.1 61.8 12

13 Discrepancy -41.8 -45.0 -41.8 -17.5 5.1 -17.7 -1.3 4.4 9.9 -5.3 -9.5 13

 Memo:

 Vault cash:

14 Liab.: Monetary authority 50.1 51.7 55.0 57.7 54.9 52.7 53.3 55.4 50.6 60.8 56.6 14

15 Asset: U.S.-chartered depository institutions 50.1 51.7 55.0 57.7 54.9 52.7 53.3 55.4 50.6 60.8 56.6 15

 Depository institution reserves:

16 Liab.: Monetary authority 19.0 18.7 20.8 860.0 977.0 968.1 1407.0 1595.9 1597.5 1562.3 1549.9 16

17 Asset: U.S.-chartered depository institutions 18.1 18.1 19.8 616.4 670.1 580.4 711.4 868.2 793.3 805.2 809.0 17

18 Foreign banking offices in U.S. 0.9 0.6 1.0 239.0 284.1 350.8 640.8 677.5 762.5 711.0 679.1 18

19 Credit unions 0.0 0.0 0.0 4.7 22.8 36.9 54.7 50.2 41.8 46.1 61.8 19

 Other transactions with the monetary authority

20 Liab: U.S.-chartered depository institutions 1.0 -0.3 48.6 558.2 94.5 -1.2 -1.3 -0.8 -0.7 -0.4 -0.7 20

21 Asset: Monetary authority 1.0 -0.3 48.6 558.2 94.5 -1.2 -1.3 -0.8 -0.7 -0.4 -0.7 21

22 Federal Reserve float 0.9 -0.3 -0.0 -1.5 -2.1 -1.4 -1.4 -0.9 -0.8 -0.6 -0.7 22

23 Loans to member banks 0.1 0.1 48.6 559.7 96.6 0.2 0.1 0.1 0.1 0.2 0.0 23

 Transactions with banks in foreign countries (net):

24 Liab.: U.S.-chartered depository institutions (net) 320.9 432.3 496.2 668.8 559.6 476.2 462.2 374.5 272.6 185.8 221.4 24

25 Due to foreign affiliates 487.7 586.4 650.7 782.2 760.8 783.5 772.8 657.5 657.3 565.3 525.7 25

26 - Due from foreign affiliates 166.8 154.2 154.5 113.3 201.3 307.3 310.6 282.9 384.7 379.4 304.3 26

27 Foreign banking offices in U.S. (net) -176.0 -255.2 -424.0 -179.6 -350.9 -306.9 -47.3 19.0 175.5 202.1 186.0 27

28 Due to foreign affiliates 333.9 524.5 529.0 536.4 538.9 635.6 809.9 790.6 822.7 829.5 874.2 28

29 - Due from foreign affiliates 509.9 779.7 953.0 716.1 889.8 942.5 857.1 771.6 647.2 627.5 688.2 29

30 Less: Deposits at foreign banks 11.7 12.0 18.6 24.7 14.6 23.4 25.0 23.3 24.5 20.4 18.7 30

31 U.S.-chartered depository institutions 11.0 11.9 17.9 24.5 9.3 14.9 14.9 14.7 15.3 13.4 10.4 31

32 Foreign banking offices in U.S. 0.7 0.1 0.7 0.3 5.4 8.5 10.1 8.6 9.2 7.0 8.3 32

33 Asset: Rest of the world (1) 133.2 165.1 53.7 464.5 194.0 145.9 390.0 370.2 423.7 367.5 388.8 33

 Transactions between U.S. depository institutions (net) (2):

34 U.S.-chartered depository institutions (net) -13.7 -22.9 0.6 35.4 52.4 20.8 34.7 51.2 66.8 61.4 65.3 34

35 Due to (3): 104.2 117.1 134.3 117.5 129.8 103.7 126.7 131.2 149.8 131.2 139.1 35

36 Foreign banking offices in U.S. 82.9 97.8 113.2 65.8 43.7 41.9 51.4 47.9 45.6 41.9 47.3 36

37 Banks in U.S.-affiliated areas 3.0 2.9 2.6 3.2 4.2 3.3 4.1 4.4 4.9 4.6 4.4 37

38 Credit unions 60.1 61.4 60.3 65.9 76.9 76.2 72.5 74.5 89.4 90.1 96.9 38

39 - Due from: Foreign banking offices in U.S. 117.9 140.0 133.7 82.1 77.4 82.9 92.0 80.0 83.0 69.8 73.8 39

40 Unallocated (2) -41.8 -45.0 -41.8 -17.5 5.1 -17.7 -1.3 4.4 9.9 -5.3 -9.5 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, June 7, 2012 93

L.204 Checkable Deposits and Currency

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total liabilities 1527.2 1507.3 1532.9 2101.3 2093.4 2359.8 2193.3 2314.6 2403.7 2594.3 2523.3 1

 2 Monetary authority 750.8 774.3 792.1 1220.3 1102.7 1287.8 1078.7 1116.4 1090.8 1165.7 1122.7 2

 3 Federal government cash and deposits 4.8 5.0 16.4 365.7 191.9 340.9 116.4 135.3 56.4 85.9 43.6 3

 4 Due to government-sponsored enterprises 2.0 0.8 1.7 21.1 35.1 13.5 10.2 7.3 44.8 64.6 36.9 4

 5 Deposits due to foreign 0.1 0.1 0.1 1.4 2.4 3.4 0.1 0.4 2.6 0.2 0.2 5

 6 Currency outside banks 743.9 768.5 773.9 832.2 873.3 930.0 952.0 973.5 987.0 1015.0 1042.0 6

 7 U.S.-chartered depository institutions 672.7 637.1 639.6 777.5 871.6 941.1 978.0 1059.7 1154.6 1260.5 1222.2 7

 8 Federal government deposits 33.9 28.0 42.9 3.5 3.8 3.6 3.6 3.7 3.0 1.0 1.3 8

 9 Deposits due to foreign 17.4 26.8 31.7 62.9 34.3 30.4 41.9 41.4 45.6 50.0 47.6 9

10 Private domestic deposits 621.5 582.3 564.9 711.1 833.5 907.0 932.4 1014.7 1106.0 1209.6 1173.3 10

11 Foreign banking offices in U.S. 9.3 9.3 11.8 13.5 16.1 21.9 20.7 23.2 38.2 45.6 44.3 11

12 Deposits due to foreign 2.3 2.1 2.3 4.7 10.5 14.6 13.2 15.3 17.8 19.0 18.9 12

13 Private domestic deposits 7.0 7.2 9.5 8.8 5.6 7.3 7.6 7.9 20.5 26.6 25.4 13

14 Banks in U.S.-affiliated areas 13.3 14.0 15.7 14.6 16.1 16.6 17.1 18.1 18.0 19.4 19.5 14

15 Credit unions 81.1 72.6 73.7 75.3 86.9 92.4 98.7 97.1 102.1 103.1 114.5 15

16 Total assets 1527.2 1507.3 1532.9 2101.3 2093.4 2359.8 2193.3 2314.6 2403.7 2594.3 2523.3 16

17 Household sector 285.8 245.8 160.2 349.6 373.6 348.3 351.1 431.7 536.8 660.2 659.9 17

18 Nonfinancial business 642.1 599.6 658.8 550.0 710.3 846.0 879.2 865.5 899.9 902.5 897.5 18

19 Corporate 268.0 150.8 143.2 30.6 170.4 326.2 359.7 345.6 379.3 379.8 373.1 19

20 Noncorporate 374.1 448.8 515.6 519.4 539.8 519.7 519.5 519.9 520.7 522.7 524.3 20

21 State and local governments 56.5 61.9 57.1 65.6 84.9 91.5 90.0 95.4 94.2 107.4 104.6 21

22 Federal government 36.8 32.9 56.5 368.0 193.6 342.1 117.5 135.5 57.6 84.3 42.0 22

23 Rest of the world 300.1 311.6 306.1 370.1 361.0 390.5 409.9 425.7 444.2 466.2 481.9 23

24 Checkable deposits 19.7 28.9 34.2 69.0 47.2 48.4 55.3 57.1 66.0 69.2 66.7 24

25 Currency 280.4 282.6 272.0 301.1 313.8 342.1 354.7 368.7 378.3 397.1 415.1 25

26 Financial sectors 196.6 248.0 284.1 391.5 363.8 335.8 339.7 353.9 365.3 367.1 330.8 26

27 Property-casualty insurance companies 21.0 29.9 42.7 27.9 27.6 32.6 33.8 35.6 25.7 24.1 28.5 27

28 Life insurance companies 47.7 56.1 58.3 82.8 50.7 51.7 47.3 48.7 58.9 54.8 54.0 28

29 Private pension funds 10.8 11.2 11.8 12.3 16.4 20.9 19.9 20.8 21.2 22.0 21.2 29

30 State and local govt. retirement funds 15.8 13.1 17.9 17.8 17.7 17.3 18.1 17.9 18.6 18.4 18.8 30

31 Money market mutual funds -0.9 6.7 1.9 7.5 17.9 14.2 13.3 20.7 18.8 19.1 3.2 31

32 Government-sponsored enterprises 14.6 16.4 13.7 88.3 99.4 63.4 70.4 62.3 63.7 72.7 42.5 32

33 Finance companies 17.4 15.8 16.2 16.5 17.0 15.3 15.7 15.8 16.3 15.7 15.9 33

34 REITs 13.6 18.4 16.6 18.4 26.3 23.5 29.0 23.7 26.9 25.6 29.4 34

35 Brokers and dealers 56.5 80.5 105.0 120.1 90.7 96.9 92.1 108.4 115.3 114.8 117.4 35

36 Mail float 9.2 7.5 10.0 6.4 6.3 5.7 5.9 7.0 5.6 6.5 6.6 36
94 Z.1, June 7, 2012

L.205 Time and Savings Deposits 

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total liabilities 6387.6 6995.8 7606.7 7940.9 8316.3 8432.4 8553.3 8714.0 8724.0 8805.2 8908.2 1

 2 Small time and savings deposits 4598.1 4945.1 5224.5 5749.3 6326.5 6624.9 6741.5 6898.8 7065.7 7202.2 7403.8 2

 3 U.S.-chartered depository institutions 4111.6 4418.3 4664.0 5144.6 5617.0 5888.6 5980.1 6130.7 6293.3 6425.7 6596.1 3

 4 Foreign banking offices in U.S. 10.0 18.6 25.5 25.6 29.9 35.7 42.6 47.4 50.9 48.9 57.9 4

 5 Banks in U.S.-affiliated areas 23.9 25.2 26.3 27.4 24.5 19.3 19.4 19.2 19.2 18.9 18.7 5

 6 Credit unions 452.5 483.0 508.7 551.7 655.1 681.3 699.4 701.4 702.3 708.7 731.1 6

 7 Large time deposits (1) 1789.5 2050.8 2382.2 2191.6 1989.8 1807.5 1811.8 1815.3 1658.4 1603.0 1504.3 7

 8 U.S.-chartered depository institutions 1201.3 1326.0 1378.2 1309.2 979.4 849.1 824.2 819.4 802.1 813.9 743.6 8

 9 Foreign banking offices in U.S. 501.7 634.5 907.9 784.7 958.6 909.0 937.1 945.4 804.6 736.6 706.7 9

10 Banks in U.S.-affiliated areas 23.9 25.2 26.3 27.4 24.5 19.3 19.4 19.2 19.2 18.9 18.7 10

11 Credit unions 62.5 65.0 69.9 70.4 27.3 30.1 31.2 31.3 32.4 33.5 35.3 11

12 Total assets 6387.6 6995.8 7606.7 7940.9 8316.3 8432.4 8553.3 8714.0 8724.0 8805.2 8908.2 12

13 Household sector 4937.1 5422.4 5914.6 6118.8 6231.9 6433.6 6533.9 6665.9 6740.5 6832.8 6928.2 13

14 Nonfinancial business 774.5 841.4 800.7 740.0 842.1 851.0 853.2 890.0 880.6 877.7 899.5 14

15 Corporate 450.4 497.0 441.3 381.9 488.8 511.4 514.0 550.7 541.1 537.0 558.0 15

16 Noncorporate 324.1 344.4 359.3 358.1 353.3 339.6 339.3 339.3 339.5 340.7 341.6 16

17 State and local governments 183.3 209.6 245.9 265.1 275.9 275.5 278.8 274.4 279.9 293.5 311.2 17

18 Federal government 1.4 1.7 2.8 1.6 1.9 2.0 1.5 1.7 1.8 1.7 2.0 18

19 Rest of the world 155.9 167.4 207.6 273.1 230.0 246.9 262.5 261.1 274.9 272.6 260.1 19

20 Financial sectors 335.5 353.4 435.1 542.5 734.5 623.5 623.3 620.9 546.4 527.0 507.2 20

21 Private pension funds 62.2 63.1 67.7 67.9 72.7 72.8 72.8 73.3 73.0 73.3 73.3 21

22 State and local govt. retirement funds 1.3 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.7 0.8 22

23 Money market mutual funds 183.0 206.7 270.6 355.2 573.2 468.0 467.3 462.3 397.8 380.1 360.3 23

24 Government-sponsored enterprises 35.3 33.9 46.6 68.5 25.7 26.1 23.7 23.1 11.7 13.4 11.1 24

25 Finance companies 52.2 47.4 48.6 49.4 51.0 45.9 47.2 47.4 48.9 47.1 47.6 25

26 Holding companies 1.4 1.6 0.8 0.7 11.2 10.0 11.5 14.0 14.3 12.4 14.2 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 2006.9 2312.1 3033.1 3757.3 3258.3 2755.3 2679.4 2637.8 2578.4 2642.5 2535.4 1

 2 Household sector 949.2 1114.5 1346.7 1581.8 1313.1 1129.7 1098.6 1086.8 1101.0 1107.2 1054.9 2

 3 Nonfinancial corporate business 352.2 421.3 548.5 710.6 641.7 484.8 469.8 458.0 440.7 452.0 433.7 3

 4 Nonfinancial noncorporate business 69.0 72.2 74.3 75.4 73.7 70.9 70.8 70.8 70.8 71.1 71.3 4

 5 State and local governments 69.8 72.7 79.3 77.5 81.6 86.9 86.3 85.8 84.6 84.6 84.0 5

 6 Rest of the world 23.0 27.0 46.0 69.7 76.9 69.8 67.3 64.8 64.0 63.2 62.4 6

 7 Property-casualty insurance companies 12.8 13.5 20.7 32.8 29.6 25.6 27.7 26.1 23.6 24.6 21.8 7

 8 Life insurance companies 13.5 23.3 21.6 39.2 33.7 21.0 19.7 17.9 17.0 25.8 30.2 8

 9 Private pension funds 86.7 90.1 93.5 95.7 96.4 96.3 96.2 96.2 96.1 96.1 92.2 9

10 State and local govt. retirement funds 11.7 13.8 12.4 14.3 14.3 13.9 14.7 14.5 15.0 14.8 15.2 10

11 Funding corporations 418.9 463.9 790.2 1060.3 897.5 756.5 728.4 717.0 665.7 703.3 669.8 11
Z.1, June 7, 2012 95

L.207 Federal Funds and Security Repurchase Agreements

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total liabilities 1741.2 2137.7 2118.5 1238.2 1488.4 1272.3 1312.7 1258.2 1102.1 1140.7 1187.8 1

 2 Monetary authority 30.5 29.6 44.0 88.4 77.7 59.7 62.2 70.3 84.1 99.9 96.7 2

 3 Private depository institutions (net) 862.3 905.7 807.1 467.5 835.8 674.9 651.2 600.9 616.3 600.1 568.3 3

 4 U.S.-chartered depository institutions (net) 678.1 670.9 583.4 335.3 665.6 451.7 426.8 407.0 361.6 342.6 301.3 4

 5 Foreign banking offices in U.S. (net) 190.9 239.9 226.3 130.0 170.3 223.2 224.4 212.7 265.6 273.4 287.8 5

 6 Credit unions (net) -6.7 -5.1 -2.5 2.3 -0.1 -0.0 0.0 -18.8 -10.9 -15.9 -20.9 6

 7 Property-casualty insurance companies 1.3 1.2 0.5 2.4 0.6 1.5 0.6 0.6 0.5 0.4 0.5 7

 8 Life insurance companies 20.9 21.2 20.2 12.9 12.4 10.3 9.5 10.0 9.7 10.4 10.8 8

 9 REITs 83.5 97.9 91.7 79.4 90.4 120.5 160.9 187.1 210.9 215.4 258.7 9

10 Brokers and dealers (net) 733.6 1071.8 1147.3 586.9 470.9 404.7 427.1 387.9 179.5 213.3 251.8 10

11 Holding companies 9.1 10.3 7.7 0.7 0.6 0.8 1.1 1.3 1.2 1.2 1.1 11

12 Total assets 1054.2 1269.3 1490.5 1205.6 1077.5 978.0 1089.0 1050.7 915.8 956.4 894.4 12

13 Nonfinancial corporate business 14.6 15.5 8.1 7.2 7.9 12.1 12.6 11.9 11.0 10.9 11.7 13

14 State and local governments 137.5 143.0 156.1 152.6 160.6 171.2 170.0 168.8 166.6 166.5 165.5 14

15 Rest of the world (net) 231.2 364.6 338.4 114.9 31.0 -96.1 -38.2 -53.0 -104.9 -44.9 -83.2 15

16 Monetary authority 46.8 40.8 46.5 80.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

17 Property-casualty insurance companies 2.7 1.9 3.6 4.4 4.5 3.8 3.5 2.3 2.0 1.8 2.0 17

18 Life insurance companies 2.6 2.6 2.7 8.0 10.2 10.9 9.7 8.8 10.8 10.7 10.2 18

19 Private pension funds 21.6 22.4 25.8 33.1 36.2 36.1 36.4 31.9 32.3 31.9 35.1 19

20 State and local govt. retirement funds 19.7 24.1 21.7 23.5 23.5 22.8 24.0 23.7 24.6 24.3 24.9 20

21 Money market mutual funds 346.0 394.6 605.9 542.4 479.9 479.4 437.5 457.6 479.7 484.0 491.4 21

22 Mutual funds 115.4 132.8 132.2 124.7 153.3 137.5 218.5 221.8 126.7 108.7 129.3 22

23 Government-sponsored enterprises (net) 107.7 117.4 142.7 114.5 122.1 150.0 156.3 115.1 114.3 111.9 107.2 23

24 Holding companies 8.5 9.5 6.9 0.3 48.2 50.3 58.7 61.7 52.7 50.5 0.2 24

25 Funding corporations 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 25

26 Discrepancy--unallocated assets 687.0 868.5 628.0 32.6 410.9 294.3 223.7 207.5 186.3 184.3 293.4 26
96 Z.1, June 7, 2012

L.208 Open Market Paper

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total outstanding, all types 1644.2 1958.0 1788.6 1599.3 1137.4 1057.5 1131.2 1081.6 1004.4 969.2 994.4 1

 2 Commercial paper 1640.1 1957.5 1788.1 1599.3 1137.4 1057.5 1131.2 1081.6 1004.4 969.2 994.4 2

 3 Nonfinancial corporate business 90.1 112.5 123.8 131.5 58.4 82.9 110.5 106.9 124.7 116.3 127.6 3

 4 Foreign issues in U.S. 384.0 482.3 413.0 342.0 401.3 398.6 428.2 417.2 352.5 345.1 362.6 4

 5 Nonfinancial 29.0 27.0 29.0 49.7 34.5 30.6 35.1 41.4 34.0 30.2 32.8 5

 6 Financial 355.0 455.3 384.0 292.3 366.8 368.0 393.2 375.8 318.6 314.9 329.8 6

 7 Financial business 1166.1 1362.7 1251.3 1125.8 677.6 575.9 592.5 557.5 527.2 507.8 504.2 7

 8 U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 112.9 109.2 109.0 109.9 120.6 104.3 8

 9 ABS issuers 674.4 837.4 643.1 559.3 293.1 120.2 128.3 116.2 108.5 96.0 97.7 9

10 Finance companies 160.0 165.3 123.5 100.9 62.1 63.8 65.4 61.0 57.3 61.4 61.8 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 57.1 81.7 116.7 77.7 60.8 64.7 73.6 76.9 71.7 75.9 72.0 12

13 Funding corporations 274.5 278.3 367.9 388.0 261.7 214.3 216.0 194.4 179.8 153.9 168.5 13

14 Bankers’ acceptances (1) 4.1 0.5 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

15 U.S.-chartered depository institutions 3.3 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. 0.8 0.5 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

17 Holdings, by sector 1644.2 1958.0 1788.6 1599.3 1137.4 1057.5 1131.2 1081.6 1004.4 969.2 994.4 17

18 Household sector 98.4 117.5 107.3 6.0 34.6 63.4 67.9 64.9 60.3 58.2 51.7 18

19 Nonfinancial corporate business 111.0 122.7 69.5 57.3 56.0 67.8 70.5 68.6 56.2 57.2 66.1 19

20 State and local governments 180.0 187.3 184.3 119.8 65.3 72.2 82.6 86.0 88.1 93.0 96.6 20

21 Rest of the world 239.6 286.3 278.1 232.9 191.5 191.0 199.3 195.1 199.5 190.7 204.2 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 0.0 15.7 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 0.8 1.0 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

26 Property-casualty insurance companies 15.8 16.4 13.3 19.1 9.8 7.9 8.5 8.0 5.3 5.5 4.9 26

27 Life insurance companies 24.4 28.7 41.7 38.3 49.8 40.9 39.9 38.0 42.1 40.9 37.9 27

28 Private pension funds 31.5 31.7 26.9 37.2 26.7 18.2 19.3 18.7 18.1 16.7 17.5 28

29 State and local govt. retirement funds 35.2 42.8 38.4 25.9 24.0 22.4 23.5 23.2 24.1 23.8 24.4 29

30 Money market mutual funds 492.2 608.3 674.6 618.5 510.5 394.2 395.5 361.1 349.5 355.1 355.5 30

31 Mutual funds 97.1 114.5 114.1 51.6 80.2 66.3 144.0 147.2 55.7 40.0 59.3 31

32 Government-sponsored enterprises 13.8 32.4 27.7 6.8 9.7 9.9 9.5 9.3 9.2 6.5 5.2 32

33 Brokers and dealers 60.2 64.3 87.1 65.7 41.5 36.2 39.6 42.2 40.4 42.1 43.7 33

34 Funding corporations 244.1 304.2 125.2 304.6 37.8 67.1 31.3 19.1 56.1 39.4 27.4 34

(1) Excludes banks’ holdings of own acceptances.
Z.1, June 7, 2012 97

L.209 Treasury Securities

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total liabilities 4678.0 4861.7 5099.2 6338.2 7781.9 9361.5 9621.4 9714.1 10102.6 10428.3 10827.5 1

 2 Savings bonds 205.1 202.4 196.4 194.0 191.2 187.9 186.8 186.0 185.1 185.2 184.7 2

 3 Treasury bills 960.7 940.8 999.5 1861.2 1787.9 1768.9 1694.7 1529.4 1475.6 1519.5 1672.6 3

 4 Other Treasury securities 3512.2 3718.6 3903.3 4283.0 5802.8 7404.7 7739.9 7998.7 8442.0 8723.7 8970.1 4

 5 Total assets 4678.0 4861.7 5099.2 6338.2 7781.9 9361.5 9621.4 9714.1 10102.6 10428.3 10827.5 5

 6 Household sector 470.7 399.6 264.6 256.5 815.5 1207.0 1126.9 974.1 1056.9 1115.3 1308.2 6

 7 Savings bonds 205.1 202.4 196.4 194.0 191.2 187.9 186.8 186.0 185.1 185.2 184.7 7

 8 Bills and other Treasury securities 265.6 197.2 68.3 62.6 624.3 1019.1 940.2 788.1 871.8 930.1 1123.5 8

 9 Nonfinancial corporate business 52.1 45.5 38.3 30.5 43.0 47.8 42.3 40.1 43.1 46.0 45.7 9

10 Nonfinancial noncorporate business 56.2 56.3 59.3 51.8 46.1 44.4 44.3 44.3 44.3 44.5 44.6 10

11 State and local governments 475.0 506.8 525.1 475.1 493.9 503.6 490.5 473.0 454.5 444.6 436.0 11

12 Rest of the world 1984.4 2126.2 2376.4 3253.0 3671.4 4385.3 4422.3 4442.5 4589.5 4650.7 4761.4 12

13 Monetary authority 744.2 778.9 740.6 475.9 776.6 1021.5 1340.4 1619.5 1664.7 1663.4 1661.1 13

14 U.S.-chartered depository institutions 76.5 74.4 80.1 56.4 124.5 217.5 216.1 183.3 191.7 173.9 187.8 14

15 Foreign banking offices in U.S. 27.8 26.8 30.4 35.5 57.5 60.9 66.1 63.6 58.1 60.5 71.6 15

16 Banks in U.S.-affiliated areas 3.9 3.7 1.8 1.2 0.5 1.1 1.1 1.6 0.9 1.0 0.9 16

17 Credit unions 7.7 7.4 10.4 8.8 14.2 20.0 21.8 21.9 22.5 17.5 17.7 17

18 Property-casualty insurance companies 106.9 110.0 71.3 65.6 88.5 91.7 93.3 91.9 90.7 93.6 92.9 18

19 Life insurance companies 95.4 87.9 70.6 105.7 133.5 156.6 153.8 154.5 160.0 162.7 161.2 19

20 Private pension funds 116.5 130.8 169.5 184.9 310.7 391.0 399.0 405.6 424.5 436.2 448.1 20

21 State and local govt. retirement funds 153.8 156.2 141.6 146.4 174.5 185.6 187.9 186.9 189.0 188.9 188.6 21

22 Federal government retirement funds 68.4 76.7 88.0 112.3 119.1 129.2 132.9 136.3 144.0 147.2 147.8 22

23 Money market mutual funds 88.6 82.7 178.1 577.7 406.4 335.4 337.5 341.5 373.5 443.3 473.8 23

24 Mutual funds 155.7 160.7 179.2 187.9 255.5 297.4 298.2 306.4 329.1 352.7 375.7 24

25 Closed-end funds 7.1 7.4 5.6 3.2 4.3 5.1 5.2 5.2 4.8 4.7 4.5 25

26 Exchange-traded funds 9.7 13.1 19.7 27.0 41.7 51.0 52.8 56.7 61.1 62.4 61.9 26

27 Government-sponsored enterprises 13.1 14.2 15.5 16.8 21.9 55.2 58.5 63.3 68.5 75.4 78.8 27

28 ABS issuers 27.7 61.1 85.8 72.2 53.9 40.1 35.9 36.3 31.4 29.2 25.9 28

29 Brokers and dealers -64.6 -67.0 -60.0 190.6 123.0 94.5 78.5 56.6 79.3 187.8 204.0 29

30 Holding companies 1.1 2.5 7.1 3.1 5.8 19.6 16.1 9.0 20.4 26.8 29.3 30

 Memo:

31 Federal government debt (1) 4701.9 4885.3 5122.3 6361.5 7805.4 9385.6 9645.9 9738.6 10127.6 10453.6 10851.9 31

(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, June 7, 2012

L.210 Agency- and GSE-Backed Securities (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total liabilities 6164.5 6492.4 7397.7 8166.7 8106.8 7598.2 7648.7 7577.8 7585.0 7577.4 7533.0 1

 2 Budget agencies 23.8 23.5 23.1 23.3 23.5 24.2 24.5 24.5 25.0 25.3 24.4 2

 3 Government-sponsored enterprises 2592.2 2627.8 2910.2 3181.9 2706.6 6434.5 6437.3 6317.3 6282.7 6247.3 6178.6 3

 4 Agency- and GSE-backed mortgage pools 3548.5 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 4

 5 Total assets 6164.5 6492.4 7397.7 8166.7 8106.8 7598.2 7648.7 7577.8 7585.0 7577.4 7533.0 5

 6 Household sector 513.5 443.1 693.3 736.9 141.9 126.0 208.8 186.2 139.5 93.1 15.6 6

 7 Nonfinancial corporate business 17.4 15.2 12.8 10.2 14.3 15.9 14.1 16.7 14.4 15.3 15.2 7

 8 State and local governments 391.1 407.0 444.0 434.1 417.0 427.0 418.7 410.3 398.9 388.8 378.3 8

 9 Federal government 0.0 0.0 0.0 54.4 196.4 149.2 138.4 103.7 70.6 31.1 1.5 9

10 Rest of the world 1012.9 1263.6 1582.4 1406.9 1154.8 1077.3 1054.6 1033.1 1033.0 1032.6 998.8 10

11 Monetary authority 0.0 0.0 0.0 19.7 1068.3 1139.6 1069.7 1025.6 979.2 941.7 933.3 11

12 U.S.-chartered depository institutions 1185.0 1217.3 1106.3 1242.5 1417.4 1527.2 1561.8 1559.6 1576.6 1634.1 1699.1 12

13 Foreign banking offices in U.S. 50.9 55.1 57.1 50.6 31.3 26.5 31.4 30.6 32.2 30.6 29.0 13

14 Banks in U.S.-affiliated areas 34.8 29.0 26.3 24.4 20.5 12.8 6.9 6.0 5.4 4.8 5.1 14

15 Credit unions 86.4 72.5 68.4 82.9 110.8 151.6 166.6 170.9 173.4 182.2 197.7 15

16 Property-casualty insurance companies 117.9 122.0 125.8 114.3 116.2 115.8 116.8 116.9 118.1 122.2 123.7 16

17 Life insurance companies 368.5 377.4 382.9 366.2 371.9 376.0 383.3 384.2 386.8 387.1 387.3 17

18 Private pension funds 252.0 268.6 296.8 318.1 269.1 257.6 258.8 255.4 254.9 252.4 248.7 18

19 State and local govt. retirement funds 258.4 307.8 331.1 337.5 306.9 285.2 288.7 287.2 290.4 290.3 289.8 19

20 Federal government retirement funds 4.6 4.7 5.0 5.1 5.6 6.3 6.2 6.5 6.8 7.1 7.6 20

21 Money market mutual funds 160.1 131.4 235.9 756.2 543.0 402.8 373.4 359.4 384.1 403.7 327.3 21

22 Mutual funds 483.4 499.1 565.4 592.7 639.1 791.1 793.4 819.1 890.3 964.4 1036.3 22

23 Government-sponsored enterprises 751.1 714.0 702.9 910.0 924.5 377.0 373.9 368.2 368.1 358.9 347.7 23

24 ABS issuers 323.7 350.1 372.4 346.1 117.4 19.0 17.0 15.0 13.5 11.5 9.0 24

25 REITs 40.6 65.4 88.9 89.6 105.1 143.3 190.7 216.9 239.1 244.7 299.4 25

26 Brokers and dealers 101.0 138.0 290.2 242.6 110.9 149.8 153.2 174.7 166.7 147.7 148.7 26

27 Holding companies 11.2 11.2 9.9 25.8 24.3 21.1 22.2 31.5 43.2 33.1 33.8 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 31.
Z.1, June 7, 2012 99

L.211 Municipal Securities and Loans

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total liabilities 3043.9 3212.2 3448.1 3543.4 3697.9 3795.6 3778.6 3750.5 3733.6 3743.4 3732.1 1

 2 State and local governments 2612.0 2709.7 2855.9 2875.0 2985.7 3051.1 3031.2 2998.3 2987.2 2991.6 2983.5 2

 3 Short-term (1) 42.5 34.3 51.2 55.9 63.6 63.0 60.1 37.6 48.0 52.3 51.9 3

 4 Long-term 2569.5 2675.4 2804.7 2819.2 2922.1 2988.1 2971.0 2960.7 2939.2 2939.3 2931.7 4

 5 Nonprofit organizations (2) 213.7 230.1 250.7 258.7 264.6 262.3 261.9 260.7 256.1 254.4 252.3 5

 6 Nonfinancial corporate business 218.2 272.4 341.5 409.7 447.5 482.3 485.4 491.4 490.3 497.4 496.3 6

 (industrial revenue bonds)

 7 Total assets 3043.9 3212.2 3448.1 3543.4 3697.9 3795.6 3778.6 3750.5 3733.6 3743.4 3732.1 7

 8 Household sector 1639.1 1681.4 1725.4 1767.2 1896.5 1954.6 1966.0 1941.4 1920.5 1891.8 1846.7 8

 9 Nonfinancial corporate business 32.1 28.1 29.2 26.2 27.1 24.1 19.6 19.3 20.0 19.7 19.8 9

10 Nonfinancial noncorporate business 4.4 5.8 5.3 4.9 5.1 4.9 4.9 4.9 4.9 4.9 4.9 10

11 State and local governments 4.9 5.1 5.5 5.4 5.7 6.1 6.0 6.0 5.9 5.9 5.9 11

12 Rest of the world 29.0 34.4 45.1 50.5 58.7 71.7 74.2 76.7 79.7 82.7 85.7 12

13 U.S.-chartered depository institutions 166.1 190.1 202.0 221.9 224.3 254.6 259.9 267.3 283.8 297.3 307.2 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 0.5 1.3 2.0 2.5 3.5 2.5 2.8 2.5 2.8 3.4 3.4 15

16 Property-casualty insurance companies 313.2 335.2 371.3 381.9 369.4 348.4 342.3 333.7 328.3 331.0 335.1 16

17 Life insurance companies 32.5 36.6 41.4 47.1 73.1 112.3 116.0 118.1 120.7 122.6 119.6 17

18 State and local govt. retirement funds 1.7 3.3 2.4 1.4 1.5 1.6 1.6 1.6 1.5 1.5 6.4 18

19 Money market mutual funds 336.8 370.3 471.0 494.6 401.3 334.4 321.0 305.8 292.0 296.5 286.8 19

20 Mutual funds 311.7 344.4 372.2 389.6 480.2 526.6 515.1 520.1 526.9 542.6 563.3 20

21 Closed-end funds 89.4 89.4 91.3 77.9 81.2 81.3 80.7 82.0 80.1 82.4 82.6 21

22 Exchange-traded funds 0.0 0.0 0.6 2.3 5.9 7.6 7.5 7.7 7.8 8.6 9.7 22

23 Government-sponsored enterprises 39.7 36.1 33.3 31.3 29.1 24.9 23.8 22.9 22.0 21.0 20.2 23

24 Brokers and dealers 42.9 50.9 50.1 38.7 35.4 40.0 37.0 40.6 36.6 31.5 34.7 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, June 7, 2012

L.212 Corporate and Foreign Bonds

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total liabilities 8820.4 10080.0 11543.0 11118.3 11576.9 11538.5 11551.9 11573.6 11603.9 11587.0 11685.2 1

 2 Nonfinancial corporate business 3156.1 3364.4 3675.5 3881.0 4268.6 4691.4 4792.4 4907.8 4988.8 5076.8 5192.5 2

 3 Rest of the world (1) 1011.6 1275.5 1587.1 1237.3 1570.3 1737.3 1748.3 1751.8 1769.1 1742.4 1723.4 3

 4 Financial sectors 4652.7 5440.1 6280.4 6000.1 5737.9 5109.9 5011.2 4914.0 4845.9 4767.8 4769.3 4

 5 U.S.-chartered depository institutions 130.4 159.9 184.8 184.8 176.3 436.8 433.5 432.7 429.4 415.8 427.2 5

 6 ABS issuers (net) (3) 2719.1 3342.6 3891.0 3563.9 3015.0 2158.2 2063.3 2023.1 1960.5 1923.4 1862.9 6

 7 Finance companies 806.5 849.7 974.1 924.5 837.5 818.7 796.0 781.3 794.6 774.9 771.5 7

 8 REITs 216.7 230.6 231.3 171.0 129.8 129.7 141.3 141.5 139.2 145.1 152.0 8

 9 Brokers and dealers 62.4 68.8 64.8 97.1 92.9 129.7 128.2 110.1 99.2 91.8 98.0 9

10 Holding companies 372.4 421.5 516.0 638.9 1028.7 982.2 984.4 934.3 912.7 890.6 929.4 10

11 Funding corporations 345.3 367.0 418.5 419.9 457.8 454.6 464.5 491.1 510.4 526.2 528.4 11

12 Total assets 8820.4 10080.0 11543.0 11118.3 11576.9 11538.5 11551.9 11573.6 11603.9 11587.0 11685.2 12

13 Household sector 1428.6 1661.4 2129.8 2066.2 2227.0 1955.7 1934.6 1938.6 1902.9 1887.1 1801.3 13

14 State and local governments 123.9 129.0 140.7 137.5 144.8 154.3 153.2 152.2 150.2 150.1 149.2 14

15 Federal government 0.0 0.0 0.0 0.0 0.6 0.9 0.9 0.9 0.8 0.8 0.8 15

16 Rest of the world (2) 1762.9 2320.5 2719.1 2354.0 2465.3 2488.6 2480.8 2461.3 2450.4 2416.4 2400.6 16

17 U.S.-chartered depository institutions 491.8 563.4 714.6 650.5 667.1 548.9 532.0 525.1 544.6 551.8 532.3 17

18 Foreign banking offices in U.S. 262.8 292.5 369.5 401.6 244.9 233.9 220.6 229.5 255.7 234.5 216.5 18

19 Banks in U.S.-affiliated areas 0.8 0.4 0.5 0.5 2.0 0.6 5.9 5.2 4.5 4.2 4.3 19

20 Credit unions 23.5 30.6 34.6 25.7 18.6 3.7 3.7 3.8 3.6 4.1 4.7 20

21 Property-casualty insurance companies 262.8 277.0 282.9 267.5 298.3 322.6 330.2 335.4 343.7 361.0 365.6 21

22 Life insurance companies 1824.8 1819.5 1862.6 1817.0 1927.2 2030.2 2064.3 2084.1 2111.5 2128.7 2150.0 22

23 Private pension funds 290.0 317.6 357.4 400.1 442.9 440.1 438.8 439.2 441.4 440.9 439.2 23

24 State and local govt. retirement funds 227.9 283.4 297.0 312.9 308.6 312.4 314.1 312.4 321.2 320.9 322.0 24

25 Federal government retirement funds 2.9 2.9 3.0 2.9 3.0 3.2 3.1 3.2 3.4 3.7 4.1 25

26 Money market mutual funds 263.2 368.3 376.8 228.0 169.9 154.2 154.9 153.2 128.1 129.6 126.3 26

27 Mutual funds 662.7 767.0 889.9 959.9 1126.8 1275.4 1323.5 1375.3 1420.7 1465.8 1554.5 27

28 Closed-end funds 69.3 75.1 74.0 48.7 54.0 58.1 60.7 60.1 57.5 56.2 54.2 28

29 Exchange-traded funds 5.3 7.6 13.8 27.7 55.3 74.0 77.8 84.5 91.4 100.4 109.1 29

30 Government-sponsored enterprises 465.7 481.7 464.4 386.6 310.8 293.9 284.7 270.0 264.3 260.5 253.9 30

31 Finance companies 203.5 184.8 189.4 192.4 198.6 179.0 184.1 184.9 190.5 183.8 185.4 31

32 REITs 53.0 64.6 34.4 11.7 15.5 20.8 24.6 26.2 27.1 22.1 25.6 32

33 Brokers and dealers 315.7 355.5 382.8 123.8 154.4 189.5 202.5 187.5 133.8 103.7 125.6 33

34 Holding companies 11.8 16.7 35.9 35.8 31.1 38.3 40.5 40.6 22.0 18.3 62.6 34

35 Funding corporations 67.5 60.4 170.0 667.3 710.2 760.1 716.5 700.4 734.5 742.4 797.7 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, June 7, 2012 101

L.213 Corporate Equities (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Issues at market value 20636.1 24339.3 25580.9 15640.5 20123.2 23249.5 24780.0 24657.4 20561.6 22522.2 25187.5 1

 2 Nonfinancial corporate business 12686.6 14602.3 15730.7 10016.6 12494.7 14422.8 15456.4 15375.4 13056.4 14511.1 16101.1 2

 3 Rest of the world (2) 3317.7 4329.0 5248.0 2748.4 3995.3 4485.6 4674.9 4661.8 3713.5 3862.3 4270.8 3

 4 Financial corporations 4631.9 5408.0 4602.2 2875.4 3633.2 4341.1 4648.8 4620.2 3791.7 4148.8 4815.7 4

 5 Holdings at market value 20636.1 24339.3 25580.9 15640.5 20123.2 23249.5 24780.0 24657.4 20561.6 22522.2 25187.5 5

 6 Household sector 8083.5 9632.9 9614.8 5742.5 7397.6 8579.2 9303.2 9174.1 7629.8 8356.8 9288.2 6

 7 State and local governments 94.3 98.1 108.0 82.1 117.7 109.9 109.1 108.3 106.7 106.7 103.5 7

 8 Federal government 0.0 0.0 0.0 188.7 67.4 49.9 55.1 61.1 56.7 57.5 47.7 8

 9 Rest of the world (3) 2039.1 2448.1 2812.2 1806.6 2477.2 2926.1 3101.5 3142.3 2638.1 2948.1 3345.9 9

10 Monetary authority 0.0 0.0 0.0 0.0 25.1 26.4 0.0 0.0 0.0 0.0 0.0 10

11 U.S.-chartered depository institutions 62.9 79.8 88.8 33.8 63.6 73.6 78.0 80.9 58.7 67.4 80.4 11

12 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 12

13 Property-casualty insurance companies 199.5 227.0 236.2 193.3 219.8 219.2 222.7 220.2 203.4 224.4 253.0 13

14 Life insurance companies 1161.8 1364.8 1464.6 1001.7 1208.5 1402.6 1484.8 1487.8 1355.6 1443.0 1551.4 14

15 Private pension funds 2441.7 2724.8 2673.3 1599.7 1835.7 2081.1 2185.3 2164.7 1815.5 2004.6 2244.1 15

16 State and local govt. retirement funds 1715.8 1926.1 2013.7 1237.9 1549.8 1782.5 1861.9 1848.2 1525.4 1690.6 1885.0 16

17 Federal government retirement funds 112.6 138.1 149.1 85.6 119.4 143.7 152.1 152.9 124.1 137.7 156.8 17

18 Mutual funds 4175.7 4989.6 5476.9 3014.1 4136.2 4762.7 5087.0 5067.4 4073.8 4427.2 5019.8 18

19 Closed-end funds 105.0 121.5 144.9 71.3 86.0 95.1 98.7 99.0 93.3 93.8 105.4 19

20 Exchange-traded funds 285.8 402.0 573.7 473.9 669.9 853.9 908.9 919.3 782.8 863.5 990.1 20

21 Brokers and dealers 158.3 186.4 224.8 109.2 124.2 117.2 131.7 131.3 97.8 100.9 116.4 21

22 Funding corporations 0.0 0.0 0.0 0.0 25.1 26.4 0.0 0.0 0.0 0.0 0.0 22

 Memo:

23 Market value of domestic corporations (4) 16506.8 18993.6 19064.7 12010.5 14939.3 17378.5 18665.1 18544.9 15612.1 17310.0 19371.5 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 6048.9 7068.3 7829.0 5435.3 6961.6 7934.5 8471.9 8570.5 7532.8 8000.5 8835.7 1

 2 Holdings at market value 6048.9 7068.3 7829.0 5435.3 6961.6 7934.5 8471.9 8570.5 7532.8 8000.5 8835.7 2

 3 Household sector 3675.5 4198.1 4610.9 3346.8 4164.9 4613.4 4965.0 5021.6 4408.1 4652.2 5191.4 3

 4 Nonfinancial corporate business 134.4 173.1 178.0 106.2 161.9 186.6 190.2 186.6 162.9 167.5 177.1 4

 5 State and local governments 28.9 30.0 32.8 32.0 33.7 30.9 30.7 30.4 30.0 30.0 24.7 5

 6 Rest of the world 242.0 316.8 373.5 256.2 363.6 513.8 569.6 599.8 527.2 559.9 618.4 6

 7 U.S.-chartered depository institutions 17.4 24.5 29.6 19.6 46.1 45.0 47.1 45.0 36.6 41.7 46.7 7

 8 Credit unions 2.2 2.1 2.1 2.0 1.3 1.5 1.7 1.8 1.8 1.8 2.0 8

 9 Property-casualty insurance companies 5.7 6.9 6.8 4.4 5.3 5.7 5.8 5.8 5.2 5.5 5.7 9

10 Life insurance companies 109.0 148.8 188.4 121.0 140.8 155.7 158.7 158.5 142.9 150.1 159.1 10

11 Private pension funds 1585.4 1880.4 2110.6 1366.0 1817.3 2121.1 2230.7 2250.6 1995.1 2144.6 2334.7 11

12 State and local govt. retirement funds 248.4 287.5 296.4 181.1 226.7 260.8 272.4 270.4 223.2 247.3 275.8 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, June 7, 2012

L.215 Depository Institution Loans Not Elsewhere Classified (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total liabilities 1557.7 1741.3 2060.4 2750.2 2022.0 1954.6 1945.0 1972.3 2024.1 2087.1 2102.0 1

 2 Household sector -15.8 31.3 22.1 26.7 10.4 73.2 51.2 13.5 22.7 35.8 57.5 2

 3 Corporate business 591.0 613.0 715.9 780.0 560.3 545.2 548.9 558.0 583.9 618.6 611.6 3

 4 Noncorporate business 670.4 785.7 926.5 1046.1 929.8 859.4 863.3 878.6 894.6 911.6 938.0 4

 5 Rest of the world 84.4 98.3 102.8 107.9 96.8 115.1 127.1 130.5 140.9 144.3 153.6 5

 6 Foreign official institutions 2.6 1.9 1.9 2.6 3.2 4.3 4.2 3.2 3.1 2.6 2.5 6

 7 Foreign banks 18.1 21.9 30.2 33.0 27.9 39.7 45.7 49.1 53.0 51.0 51.6 7

 8 Other foreign 63.7 74.4 70.8 72.4 65.8 71.2 77.1 78.2 84.8 90.7 99.5 8

 9 Financial sectors 227.7 213.0 293.1 789.5 424.7 361.8 354.5 391.8 382.0 376.8 341.2 9

10 Finance companies 142.1 129.2 182.0 174.9 144.5 79.6 88.2 75.2 66.2 79.0 76.5 10

11 REITs 33.3 28.4 33.2 32.8 20.7 18.5 16.2 15.6 20.4 22.1 18.4 11

12 Brokers and dealers 0.0 0.0 0.0 45.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

13 Holding companies 52.3 55.4 77.9 91.3 164.2 190.3 200.1 258.4 264.4 254.3 234.5 13

14 Funding corporations 0.0 0.0 0.0 444.9 95.3 73.4 49.9 42.5 31.0 21.5 11.9 14

15 Total assets 1557.7 1741.3 2060.4 2750.2 2022.0 1954.6 1945.0 1972.3 2024.1 2087.1 2102.0 15

16 Monetary authority (2) 0.0 0.0 0.0 490.4 142.8 98.1 69.1 55.3 42.3 30.5 19.0 16

17 U.S.-chartered depository institutions 1217.6 1331.4 1544.9 1676.1 1419.9 1413.2 1415.9 1445.2 1501.3 1569.5 1597.6 17

18 Foreign banking offices in U.S. 294.7 361.8 466.8 531.9 406.5 390.4 405.7 416.7 424.7 426.6 427.2 18

19 Banks in U.S.-affiliated areas 25.9 25.6 21.4 19.7 19.4 16.1 16.0 16.0 16.6 17.1 17.2 19

20 Credit unions 19.5 22.5 27.3 32.1 33.4 36.9 38.3 39.2 39.2 43.5 40.9 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, June 7, 2012 103

L.216 Other Loans and Advances

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total other loans and advances 1821.9 1982.9 2511.0 2610.2 2098.1 1864.4 1832.9 1848.4 1848.3 1865.4 1849.2 1

 2 U.S. government loans 106.7 107.3 105.2 111.3 177.4 180.9 183.1 180.2 181.8 184.3 185.0 2

 3 Liab.: Household sector 11.5 12.9 12.5 12.8 12.6 11.6 11.6 11.4 11.4 11.2 10.9 3

 4 Nonfinancial corporate business 10.0 11.2 10.9 15.3 74.9 70.6 71.9 67.9 68.6 70.1 71.7 4

 5 Nonfinancial noncorporate business 41.0 45.7 46.8 48.9 52.5 53.0 53.6 54.7 55.1 55.9 55.9 5

 6 State and local governments 10.6 11.2 11.9 12.7 13.5 14.4 14.5 14.7 15.0 15.3 15.4 6

 7 Rest of the world 33.7 26.4 23.1 21.6 21.9 22.1 22.2 21.9 21.8 22.0 22.2 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 0.0 2.0 9.2 9.3 9.7 9.8 9.8 8.8 10

11 Foreign loans to U.S. corporate business 162.5 168.8 271.5 207.3 182.5 160.4 166.5 184.8 206.1 202.5 173.1 11

12 Liab.: Nonfinancial corporate business 162.5 168.8 271.5 207.3 182.5 160.4 166.5 184.8 206.1 202.5 173.1 12

 Customers’ liability on acceptances outstanding

13 Asset: U.S.-chartered depository institutions 3.3 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. 0.8 0.4 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

15 Liab.: Nonfinancial corporate business 3.8 0.3 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

16 Rest of the world 0.2 0.2 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

17 Holding company loans 8.1 5.6 6.3 8.2 14.6 18.9 26.9 24.2 24.8 22.9 53.1 17

18 Liab.: Nonfinancial corporate business 8.1 5.6 6.3 8.2 14.6 18.9 26.9 24.2 24.8 22.9 51.8 18

19 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.3 19

20 Policy loans (Household liability) 107.6 110.9 114.5 120.4 121.1 124.5 124.8 125.5 126.4 127.0 126.9 20

21 Asset: Federal government 0.7 0.6 0.6 0.6 0.5 0.5 0.5 0.5 0.5 0.5 0.4 21

22 Life insurance companies 106.9 110.2 113.9 119.8 120.6 124.0 124.3 125.0 126.0 126.5 126.4 22

23 Government-sponsored enterprise loans (1) 671.8 704.9 942.6 980.7 695.9 551.3 522.8 500.2 479.8 487.0 467.3 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) 5.9 7.6 9.5 5.8 5.3 6.9 8.1 6.9 5.7 6.1 7.5 25

26 Nonfinancial noncorporate business (FCS) 45.7 55.9 66.0 74.5 74.7 80.3 81.5 78.2 75.2 77.7 79.2 26

27 U.S.-chartered dep. inst. (FHLB & SLMA) 594.0 608.3 806.1 805.0 541.1 392.8 364.0 346.1 328.7 332.3 309.3 27

28 Credit unions (FHLB) 14.7 18.9 32.3 40.6 26.5 26.1 23.7 22.8 23.7 24.2 22.9 28

29 Life insurance companies (FHLB) 11.5 14.2 28.7 54.9 48.3 45.1 45.5 46.2 46.4 46.8 48.5 29

30 Securitized loans held by ABS issuers 93.9 97.7 93.7 78.1 54.4 37.2 33.4 33.1 33.0 32.9 32.8 30

31 Liab.: Nonfinancial corporate business 93.9 97.7 93.7 78.1 54.4 37.2 33.4 33.1 33.0 32.9 32.8 31

32 Finance company loans to business 479.2 498.0 523.0 539.9 448.9 441.0 439.7 429.1 428.1 433.8 429.2 32

33 Liab.: Nonfinancial corporate business 431.3 448.2 470.7 485.9 404.0 396.9 395.8 386.2 385.3 390.4 386.3 33

34 Nonfinancial noncorporate business 47.9 49.8 52.3 54.0 44.9 44.1 44.0 42.9 42.8 43.4 42.9 34

35 Loans to nonfinancial corporate business (2) 188.1 289.2 453.8 564.3 403.4 350.2 335.7 371.3 368.3 375.1 381.9 35

36 Asset: Household sector 8.7 9.1 17.6 29.7 26.8 26.2 25.2 25.7 25.5 23.4 21.4 36

37 Life insurance companies 15.9 22.4 31.9 46.3 20.4 16.7 15.4 17.3 20.6 22.2 23.9 37

38 Mutual funds 36.5 46.3 82.4 94.8 75.4 74.6 86.7 99.7 95.3 93.5 91.7 38

39 ABS issuers 94.5 155.7 248.3 301.7 197.8 163.8 144.1 161.6 156.2 162.3 168.7 39

40 Brokers and dealers 22.0 41.7 52.8 55.9 60.1 47.4 45.9 48.0 54.4 54.3 54.3 40

41 Funding corporations 10.6 14.1 20.8 35.9 22.9 21.4 18.3 19.0 16.4 19.4 22.0 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, June 7, 2012

L.217 Total Mortgages

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total mortgages 12085.0 13460.7 14521.1 14609.9 14329.2 13814.9 13713.8 13620.5 13536.2 13477.0 13366.3 1

 2 Home 9399.1 10464.6 11176.0 11071.1 10872.9 10526.9 10450.3 10382.5 10324.0 10268.2 10178.7 2

 3 Multifamily residential 665.2 701.6 784.6 837.7 847.0 837.8 837.4 837.4 838.5 844.2 843.6 3

 4 Commercial 1915.9 2186.3 2447.9 2566.4 2478.1 2314.0 2290.8 2266.4 2240.5 2232.4 2212.8 4

 5 Farm 104.8 108.0 112.7 134.7 131.3 136.3 135.3 134.3 133.2 132.2 131.2 5

 6 Total liabilities 12085.0 13460.7 14521.1 14609.9 14329.2 13814.9 13713.8 13620.5 13536.2 13477.0 13366.3 6

 7 Household sector 9063.9 10064.8 10752.6 10698.4 10547.2 10232.4 10162.5 10100.3 10045.3 9993.5 9906.9 7

 8 Nonfinancial business 2875.7 3243.8 3611.8 3748.0 3615.2 3415.4 3382.5 3346.7 3316.4 3307.4 3282.4 8

 9 Corporate 783.0 867.9 928.8 878.1 757.9 690.4 671.6 650.0 632.0 622.6 614.5 9

10 Noncorporate 2092.7 2375.9 2683.0 2869.9 2857.3 2724.9 2710.9 2696.7 2684.4 2684.8 2667.9 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 145.5 152.1 156.7 163.5 166.9 167.1 168.9 173.5 174.5 176.2 177.0 12

13 Total assets 12085.0 13460.7 14521.1 14609.9 14329.2 13814.9 13713.8 13620.5 13536.2 13477.0 13366.3 13

14 Household sector 139.5 122.2 109.8 111.2 101.5 90.2 87.6 84.3 82.4 78.8 74.6 14

15 Nonfinancial corporate business 68.3 59.8 41.4 33.6 29.5 28.0 27.7 27.3 26.9 26.5 26.2 15

16 Nonfinancial noncorporate business 36.2 34.6 42.1 39.1 37.9 36.4 36.4 36.4 36.4 36.6 36.6 16

17 State and local governments 148.0 154.0 167.3 163.3 171.8 176.1 176.1 174.9 172.5 172.4 171.3 17

18 Federal government 76.6 80.3 82.4 95.8 108.4 106.6 107.8 109.3 109.3 110.6 111.7 18

19 U.S.-chartered depository institutions 4054.9 4415.7 4658.6 4615.2 4371.9 4194.9 4082.5 4045.9 4038.2 4049.6 3984.4 19

20 Foreign banking offices in U.S. 20.8 24.9 39.0 44.2 37.8 35.4 33.8 33.0 33.7 32.8 31.2 20

21 Banks in U.S.-affiliated areas 35.1 39.2 40.8 42.6 42.3 35.8 34.8 33.9 33.4 33.4 32.9 21

22 Credit unions 226.1 252.5 280.2 312.2 316.9 317.0 316.8 317.8 318.9 320.5 321.3 22

23 Property-casualty insurance companies 2.7 3.5 4.8 5.0 4.4 4.1 4.1 4.3 4.6 4.9 5.2 23

24 Life insurance companies 285.5 303.8 326.2 342.4 326.1 317.5 318.4 323.1 329.2 333.2 337.2 24

25 Private pension funds 9.8 9.5 10.2 11.1 13.6 15.5 15.0 14.8 14.2 15.0 14.8 25

26 State and local govt. retirement funds 16.4 14.4 9.7 9.4 9.3 9.4 9.2 9.2 9.3 9.3 9.3 26

27 Government-sponsored enterprises (1) 588.8 607.2 643.1 705.3 707.7 5021.0 5054.6 5018.4 4964.6 4924.0 4922.8 27

28 Agency- and GSE-backed mortgage pools 3548.5 3841.1 4464.4 4961.4 5376.7 1139.5 1187.0 1236.0 1277.3 1304.8 1329.9 28

29 ABS issuers 2140.0 2767.2 2946.3 2593.9 2227.6 1901.4 1848.2 1786.9 1731.9 1679.2 1623.2 29

30 Finance companies 541.4 594.4 531.9 447.9 397.4 344.2 331.0 319.5 311.2 303.2 293.3 30

31 REITs 146.7 136.3 123.1 76.3 48.3 41.9 42.7 45.3 42.3 42.1 40.2 31
Z.1, June 7, 2012 105

L.218 Home Mortgages (1)

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total liabilities 9399.1 10464.6 11176.0 11071.1 10872.9 10526.9 10450.3 10382.5 10324.0 10268.2 10178.7 1

 2 Household sector 8891.0 9874.1 10548.7 10497.4 10353.1 10051.3 9983.1 9922.9 9869.9 9818.7 9733.7 2

 3 Nonfinancial corporate business 31.1 39.4 42.2 32.7 20.3 13.6 12.4 11.4 10.7 10.2 9.9 3

 4 Nonfinancial noncorporate business 477.0 551.2 585.1 540.9 499.4 462.0 454.8 448.2 443.4 439.3 435.0 4

 5 Total assets 9399.1 10464.6 11176.0 11071.1 10872.9 10526.9 10450.3 10382.5 10324.0 10268.2 10178.7 5

 6 Household sector 117.9 102.9 90.8 91.2 83.2 75.2 73.2 71.2 69.2 67.2 65.2 6

 7 Nonfinancial corporate business 40.9 35.9 25.0 20.2 17.7 16.8 16.6 16.4 16.1 15.9 15.7 7

 8 Nonfinancial noncorporate business 13.3 12.7 15.4 14.3 13.9 13.3 13.3 13.3 13.3 13.4 13.4 8

 9 State and local governments 75.5 78.5 85.7 83.8 88.2 89.8 89.7 89.1 87.8 87.8 87.2 9

10 Federal government 13.2 13.3 13.7 16.4 22.1 23.9 24.3 24.9 24.5 24.8 25.5 10

11 U.S.-chartered depository institutions 2729.6 2932.7 3068.0 2883.6 2686.6 2614.0 2527.9 2510.0 2522.1 2539.6 2487.1 11

12 Foreign banking offices in U.S. 0.0 0.0 0.0 7.0 0.9 1.1 1.1 1.1 1.3 1.3 1.4 12

13 Banks in U.S.-affiliated areas 16.3 17.2 21.5 22.9 22.6 20.1 18.8 18.2 17.9 17.8 17.5 13

14 Credit unions 226.1 252.5 280.2 312.2 316.9 317.0 316.8 317.8 318.9 320.5 321.3 14

15 Life insurance companies 7.5 10.3 9.4 8.6 6.4 6.2 6.3 6.7 7.2 7.5 7.9 15

16 Private pension funds 1.4 1.3 1.2 1.3 2.0 1.9 1.7 1.7 1.6 1.6 1.7 16

17 State and local govt. retirement funds 5.9 5.2 3.5 3.4 3.3 3.4 3.3 3.3 3.4 3.3 3.4 17

18 Government-sponsored enterprises 453.9 457.6 447.9 456.6 445.4 4701.5 4735.8 4701.4 4646.2 4603.2 4600.2 18

19 Agency- and GSE-backed mortgage pools 3446.4 3749.1 4371.8 4864.0 5266.5 1068.8 1112.5 1155.7 1194.5 1216.8 1237.2 19

20 ABS issuers 1633.7 2153.0 2188.7 1876.0 1556.9 1284.4 1230.0 1181.3 1137.2 1092.2 1047.9 20

21 Finance companies 489.8 538.1 472.7 375.4 327.7 280.6 270.0 261.4 254.7 247.2 238.1 21

22 REITs 127.9 104.2 80.7 34.3 12.6 8.9 9.0 9.0 8.1 8.1 8.0 22

 Memo:

23 Home equity loans included above (2) 916.7 1066.8 1131.9 1115.1 1032.7 950.2 926.0 904.9 888.6 872.7 849.5 23

24 U.S.-chartered depository institutions 700.7 791.2 872.7 894.7 841.4 783.3 764.4 747.8 735.0 723.1 705.1 24

25 Foreign banking offices in U.S. 0.0 0.0 0.0 0.8 0.3 0.3 0.3 0.3 0.3 0.3 0.3 25

26 Credit unions 75.9 86.9 94.1 98.7 94.6 88.2 86.6 84.9 83.8 82.2 80.2 26

27 ABS issuers 42.2 81.1 70.5 45.8 30.9 22.3 20.8 19.6 18.6 17.7 16.3 27

28 Finance companies 98.0 107.6 94.5 75.1 65.5 56.1 54.0 52.3 50.9 49.4 47.6 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 665.2 701.6 784.6 837.7 847.0 837.8 837.4 837.4 838.5 844.2 843.6 1

 2 Nonfinancial corporate business 32.0 33.8 38.1 40.6 41.0 40.5 40.5 40.5 40.6 40.8 40.8 2

 3 Nonfinancial noncorporate business 608.4 642.7 723.8 772.0 779.1 769.6 769.8 769.7 770.5 775.8 775.9 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 24.8 25.1 22.7 25.1 26.8 27.7 27.1 27.2 27.4 27.6 26.8 5

 6 Total assets 665.2 701.6 784.6 837.7 847.0 837.8 837.4 837.4 838.5 844.2 843.6 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 1.1 0.9 0.6 0.5 0.5 0.4 0.4 0.4 0.4 0.4 0.4 8

 9 Nonfinancial noncorporate business 12.3 11.7 14.3 13.3 12.9 12.4 12.4 12.4 12.4 12.4 12.4 9

10 State and local governments 59.2 61.6 67.2 65.7 69.2 70.9 71.1 70.6 69.6 69.6 69.1 10

11 Federal government 14.9 14.8 14.4 14.5 14.7 14.4 14.3 14.1 14.1 14.1 14.1 11

12 U.S.-chartered depository institutions 237.1 253.3 261.1 276.0 267.0 254.9 251.5 250.3 248.7 248.3 244.7 12

13 Foreign banking offices in U.S. 0.0 0.0 0.0 4.3 4.0 3.5 3.5 3.2 2.9 2.9 1.5 13

14 Life insurance companies 42.4 46.1 51.8 51.8 48.5 47.2 47.4 48.1 49.0 49.6 50.2 14

15 Private pension funds 2.1 2.0 2.1 2.4 2.7 3.1 3.1 2.9 2.7 2.9 2.9 15

16 State and local govt. retirement funds 4.9 4.3 2.9 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 16

17 Government-sponsored enterprises 93.0 105.4 147.7 190.2 204.4 256.5 256.1 254.6 256.4 259.2 261.3 17

18 Agency- and GSE-backed mortgage pools 101.3 88.8 88.1 92.8 105.7 66.9 71.3 77.1 81.1 86.4 91.1 18

19 ABS issuers 89.4 102.5 124.0 113.2 107.4 98.7 98.0 95.4 93.2 90.6 88.1 19

20 Finance companies 5.6 5.1 5.1 5.8 5.1 4.1 3.8 3.6 3.4 3.3 3.2 20

21 REITs 1.9 5.0 5.2 4.3 2.3 1.9 1.8 1.8 1.8 1.7 1.7 21
106 Z.1, June 7, 2012

L.220 Commercial Mortgages

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total liabilities 1915.9 2186.3 2447.9 2566.4 2478.1 2314.0 2290.8 2266.4 2240.5 2232.4 2212.8 1

 2 Household sector 172.8 190.7 204.0 200.9 194.0 181.2 179.4 177.4 175.4 174.8 173.1 2

 3 Nonfinancial corporate business 700.2 773.7 825.6 776.0 667.1 604.4 586.6 565.9 548.4 539.0 531.0 3

 4 Nonfinancial noncorporate business 922.1 1095.0 1284.3 1451.1 1476.9 1389.0 1383.0 1376.7 1369.6 1370.0 1358.5 4

 5 REITs 120.7 127.0 134.0 138.4 140.1 139.4 141.8 146.3 147.1 148.6 150.2 5

 6 Total assets 1915.9 2186.3 2447.9 2566.4 2478.1 2314.0 2290.8 2266.4 2240.5 2232.4 2212.8 6

 7 Household sector 14.9 17.0 19.1 20.0 19.2 16.7 15.8 14.8 13.6 12.4 11.0 7

 8 Nonfinancial corporate business 26.3 23.0 15.8 13.0 11.4 10.8 10.7 10.5 10.4 10.2 10.1 8

 9 Nonfinancial noncorporate business 9.9 9.5 11.5 10.7 10.4 10.0 10.0 10.0 10.0 10.0 10.1 9

10 State and local governments 11.8 12.3 13.4 13.1 13.8 14.7 14.6 14.5 14.3 14.3 14.2 10

11 Federal government 45.2 48.9 51.0 61.4 67.8 64.1 64.9 66.0 66.3 67.2 67.6 11

12 U.S.-chartered depository institutions 1049.7 1188.7 1286.8 1404.2 1367.4 1273.2 1250.7 1233.6 1215.8 1210.3 1201.0 12

13 Foreign banking offices in U.S. 20.8 24.9 39.0 32.8 32.9 30.8 29.2 28.7 29.5 28.5 28.2 13

14 Banks in U.S.-affiliated areas 18.8 22.0 19.3 19.7 19.6 15.7 16.1 15.7 15.4 15.6 15.4 14

15 Property-casualty insurance companies 2.7 3.5 4.8 5.0 4.4 4.1 4.1 4.3 4.6 4.9 5.2 15

16 Life insurance companies 224.3 235.4 252.2 267.1 257.7 251.3 252.1 255.8 260.6 263.8 266.9 16

17 Private pension funds 6.3 6.2 6.8 7.4 8.9 10.4 10.2 10.2 9.9 10.5 10.2 17

18 State and local govt. retirement funds 5.6 4.9 3.3 3.2 3.2 3.2 3.1 3.1 3.2 3.2 3.2 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 416.8 511.7 633.6 604.7 563.3 518.3 520.2 510.3 501.5 496.4 487.2 20

21 Finance companies 46.0 51.1 54.0 66.6 64.6 59.5 57.2 54.5 53.1 52.7 52.0 21

22 REITs 16.8 27.1 37.3 37.7 33.4 31.2 31.9 34.5 32.4 32.3 30.5 22

L.221 Farm Mortgages (1)

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

 1 Total liabilities 104.8 108.0 112.7 134.7 131.3 136.3 135.3 134.3 133.2 132.2 131.2 1

 2 Nonfinancial corporate business 19.6 21.0 22.8 28.8 29.5 31.9 32.1 32.2 32.3 32.5 32.7 2

 3 Nonfinancial noncorporate business 85.2 87.0 89.9 105.9 101.8 104.3 103.2 102.1 100.9 99.7 98.5 3

 4 Total assets 104.8 108.0 112.7 134.7 131.3 136.3 135.3 134.3 133.2 132.2 131.2 4

 5 Household sector 6.7 2.3 -0.0 0.0 -0.9 -1.7 -1.4 -1.7 -0.5 -0.8 -1.6 5

 6 Nonfinancial noncorporate business 0.7 0.7 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.7 6

 7 State and local governments 1.5 1.5 1.0 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 7

 8 Federal government 3.2 3.2 3.3 3.5 3.9 4.3 4.2 4.3 4.4 4.5 4.6 8

 9 U.S.-chartered depository institutions 38.5 40.9 42.8 51.5 51.0 52.8 52.4 52.0 51.7 51.3 51.6 9

10 Foreign banking offices in U.S. 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

11 Life insurance companies 11.3 12.0 12.8 15.0 13.5 12.8 12.7 12.6 12.5 12.4 12.3 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 42.0 44.2 47.6 58.5 57.9 63.0 62.7 62.4 62.0 61.6 61.2 13

14 Agency- and GSE-backed mortgage pools 0.8 3.2 4.5 4.7 4.5 3.8 3.2 3.2 1.7 1.7 1.6 14

(1) Excludes mortgages on farm houses.
Z.1, June 7, 2012 107

L.222 Consumer Credit

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total liabilities (Households) 2320.6 2384.6 2528.5 2548.6 2438.5 2411.6 2382.6 2405.4 2451.8 2508.2 2494.5 1

 2 Total assets 2320.6 2384.6 2528.5 2548.6 2438.5 2411.6 2382.6 2405.4 2451.8 2508.2 2494.5 2

 3 Nonfinancial corporate business 59.6 57.0 59.3 56.3 51.7 53.1 51.5 51.7 52.2 53.1 51.5 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) 89.8 86.9 93.0 104.3 178.6 308.8 347.5 362.4 398.5 417.4 452.6 5

 6 U.S.-chartered depository institutions 816.1 836.4 894.6 964.7 906.0 1185.2 1143.3 1159.5 1162.8 1192.3 1154.3 6

 7 Credit unions 228.6 236.1 236.6 236.2 237.1 226.5 218.1 220.9 223.9 223.0 223.0 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 609.9 636.3 673.0 632.9 593.3 63.0 57.5 53.3 53.8 55.0 54.0 9

10 Finance companies 516.5 531.9 572.1 554.3 471.9 575.0 564.8 557.7 560.6 567.3 559.1 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 3003.6 3195.9 3398.0 3228.0 3202.9 3389.7 3441.7 3508.4 3563.4 3623.3 3677.3 1

 2 Household sector 186.3 199.9 214.5 236.7 252.7 274.1 279.1 282.6 286.0 288.2 289.8 2

 3 Nonfinancial corporate business 1700.6 1812.9 1897.9 1672.7 1587.5 1750.6 1774.6 1833.0 1876.1 1935.2 1968.7 3

 4 Nonfinancial noncorporate business 334.5 348.9 374.9 380.7 388.3 369.1 368.7 371.2 374.1 373.4 372.2 4

 5 State and local governments 482.0 516.4 553.5 592.7 630.4 668.8 678.6 688.5 698.4 708.2 718.1 5

 6 Federal government 202.7 208.9 238.2 260.8 204.6 213.1 228.1 234.3 238.4 235.3 242.4 6

 7 Rest of the world 54.5 60.7 73.1 63.2 69.3 95.9 94.1 79.5 74.1 68.8 68.7 7

 8 Brokers and dealers 43.1 48.3 45.8 21.2 70.1 18.1 18.5 19.3 16.4 14.2 17.5 8

 9 Total trade receivables 2989.8 3025.4 3279.2 3100.7 3001.5 3134.7 3235.6 3345.0 3396.2 3352.1 3444.3 9

10 Nonfinancial corporate business 2108.2 2090.5 2252.4 2084.6 2056.0 2187.4 2286.2 2391.2 2432.2 2387.6 2477.1 10

11 Nonfinancial noncorporate business 430.9 470.9 525.6 522.7 496.3 477.1 476.6 476.6 477.0 478.6 479.8 11

12 State and local governments 140.9 146.6 159.9 156.4 164.6 175.4 174.2 173.0 170.7 170.7 169.6 12

13 Federal government 71.0 59.4 60.6 64.7 43.6 42.9 44.7 47.0 48.2 47.4 46.0 13

14 Rest of the world 56.9 62.8 83.6 90.1 96.7 116.1 115.9 117.8 131.9 133.0 135.1 14

15 Property-casualty insurance companies 82.1 87.0 85.4 86.7 83.0 83.8 84.4 88.2 88.7 87.2 91.3 15

16 ABS issuers 99.8 108.3 111.7 95.5 61.3 51.8 53.6 51.1 47.5 47.6 45.3 16

17 Discrepancy 13.8 170.5 118.8 127.3 201.4 255.1 206.1 163.4 167.2 271.3 233.0 17

L.224 Security Credit

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

 1 Total liabilities 1038.4 1249.9 1526.4 1128.5 1091.2 1214.8 1258.1 1323.8 1380.9 1312.1 1375.5 1

 2 Household sector 232.4 292.1 325.5 164.8 203.0 278.2 315.7 312.8 251.9 238.5 267.7 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 806.0 957.8 1200.9 963.6 888.2 936.6 942.3 1011.0 1128.9 1073.6 1107.8 4

 5 Customer credit balances (HH) 575.3 655.7 866.4 742.7 668.6 694.3 703.3 757.7 804.9 752.3 762.3 5

 6 From U.S.-chartered depository institutions 95.6 116.5 145.9 158.6 158.0 152.3 152.1 163.2 186.9 189.6 190.8 6

 7 From foreign banking offices in U.S. 135.1 185.6 188.6 62.3 61.6 90.1 86.9 90.1 137.2 131.7 154.7 7

 8 Total assets 1038.4 1249.9 1526.4 1128.5 1091.2 1214.8 1258.1 1323.8 1380.9 1312.1 1375.5 8

 9 Household sector 575.3 655.7 866.4 742.7 668.6 694.3 703.3 757.7 804.9 752.3 762.3 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 95.6 116.5 145.9 158.6 158.0 152.3 152.1 163.2 186.9 189.6 190.8 11

12 Foreign banking offices in U.S. 135.1 185.6 188.6 62.3 61.6 90.1 86.9 90.1 137.2 131.7 154.7 12

13 Brokers and dealers 232.4 292.1 325.5 164.8 203.0 278.2 315.7 312.8 251.9 238.5 267.7 13
108 Z.1, June 7, 2012

L.225 Life Insurance and Pension Fund Reserves

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 Life insurance reserves:

 1 Total liabilities 1082.6 1163.7 1201.5 1179.8 1242.1 1278.3 1297.8 1311.2 1318.5 1349.1 1370.9 1

 2 Federal government 42.7 44.2 45.4 46.4 47.5 48.4 48.5 48.9 49.2 49.7 49.8 2

 3 Life insurance companies 1039.9 1119.5 1156.1 1133.4 1194.5 1229.9 1249.3 1262.3 1269.2 1299.4 1321.1 3

 4 Net change in assets 1082.6 1163.7 1201.5 1179.8 1242.1 1278.3 1297.8 1311.2 1318.5 1349.1 1370.9 4

 5 Households 1082.6 1055.2 1076.8 1049.8 1109.2 1137.2 1155.3 1167.8 1172.6 1200.8 1202.9 5

 6 U.S.-chartered depository institutions 0.0 93.4 104.3 110.7 111.5 116.0 117.3 118.4 119.3 120.8 133.8 6

 7 Holding companies 0.0 15.2 20.5 19.3 21.4 25.1 25.1 25.0 26.5 27.6 34.2 7

 Pension fund reserves:

 8 Total liabilities 11460.1 12750.6 13390.7 10408.5 11914.5 13090.7 13487.7 13405.8 12438.6 13147.1 13950.1 8

 9 Life insurance companies 2197.4 2332.4 2450.8 2184.6 2323.0 2504.7 2565.6 2586.6 2513.1 2562.9 2651.8 9

10 Private pension funds (1) 5427.8 6120.5 6444.8 4588.0 5507.4 6136.6 6367.7 6361.8 5726.5 6106.9 6576.8 10

11 State and local govt. retirement funds 2763.4 3156.6 3297.9 2414.7 2759.8 3024.0 3131.3 3116.3 2771.4 2967.9 3207.9 11

12 Federal government retirement funds (2) 1071.5 1141.1 1197.2 1221.2 1324.4 1425.3 1423.1 1341.1 1427.6 1509.5 1513.6 12

13 Total assets (Households) (3) 11460.1 12750.6 13390.7 10408.5 11914.5 13090.7 13487.7 13405.8 12438.6 13147.1 13950.1 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 214.5 237.0 167.7 44.0 40.6 55.8 81.8 70.0 72.0 70.6 86.6 1

 2 Nonfinancial corporate business 86.2 85.4 35.8 39.0 35.7 42.9 60.7 50.5 56.7 47.4 63.1 2

 3 Nonfinancial noncorporate business 86.7 95.7 99.5 106.2 99.9 95.0 94.9 94.9 95.0 95.4 95.7 3

 4 U.S.-chartered depository institutions 29.4 28.0 12.4 -73.6 -66.2 -59.6 -54.9 -50.3 -46.9 -49.1 -52.7 4

 5 Property-casualty insurance companies -1.6 9.4 7.0 -21.1 -15.8 -10.1 -7.9 -13.1 -19.4 -14.5 -8.1 5

 6 Life insurance companies -5.3 -1.3 -4.7 -24.4 -31.4 -28.8 -27.9 -29.1 -30.3 -23.6 -27.3 6

 7 Finance companies 16.9 17.0 15.5 15.4 12.7 12.9 12.8 12.8 13.3 12.9 12.9 7

 8 Brokers and dealers 2.1 2.8 2.2 2.5 5.7 3.6 4.2 4.3 3.7 2.1 3.0 8

 9 Total business taxes receivable 232.6 285.1 342.5 389.3 416.1 448.9 458.2 466.8 463.0 474.0 479.5 9

10 State and local governments 141.0 189.0 237.5 269.8 280.9 298.0 303.5 308.2 300.4 307.5 309.0 10

11 Federal government 91.6 96.1 105.0 119.4 135.1 150.8 154.8 158.7 162.6 166.5 170.5 11

12 Discrepancy -18.1 -48.1 -174.8 -345.3 -375.5 -393.0 -376.4 -396.8 -391.0 -403.3 -392.9 12

L.227 Proprietors’ Equity in Noncorporate Business

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

 1 Total household equity 8872.6 9197.0 9335.2 7723.8 6472.1 7069.7 7219.9 7151.1 7283.2 7444.3 7442.8 1

 2 Nonfinancial noncorporate business 8860.9 9187.2 9323.5 7714.3 6460.0 7055.9 7206.5 7138.0 7271.5 7433.6 7427.9 2

 3 Brokers and dealers 11.7 9.8 11.6 9.5 12.1 13.8 13.4 13.1 11.6 10.7 14.9 3
Z.1, June 7, 2012 109

L.228 Total Miscellaneous Financial Claims

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total liabilities 14328.9 15692.2 17538.8 20072.2 19960.3 20912.4 20782.2 20848.0 22153.4 22161.7 22338.3 1

 2 Household sector 22.4 22.8 23.9 27.0 22.1 24.7 25.2 25.6 24.4 24.3 26.2 2

 3 Nonfinancial corporate business 3653.5 3664.4 3880.3 4068.0 4043.3 4036.9 3927.7 3819.3 3764.3 3725.1 3707.6 3

 4 Nonfinancial noncorporate business 861.2 1006.1 1100.0 1214.3 1247.4 1281.7 1289.5 1298.6 1307.4 1319.4 1322.3 4

 5 Federal government 963.7 1017.2 1094.2 1183.5 1261.6 1349.4 1335.1 1242.0 1358.1 1438.3 1420.6 5

 6 Rest of the world 3537.5 4239.1 5104.6 6059.0 5923.5 6582.3 6604.7 6762.8 7798.7 7738.6 7717.1 6

 7 Monetary authority 15.3 18.5 21.0 23.1 29.2 58.4 29.3 27.0 27.7 31.7 33.7 7

 8 U.S.-chartered depository institutions 1126.3 1200.6 1310.2 1491.2 1628.9 1809.8 1847.9 1890.0 1935.2 1943.0 2030.6 8

 9 Foreign banking offices in U.S. 263.8 154.8 299.6 849.4 431.3 438.7 480.7 542.4 737.6 693.8 631.7 9

10 Banks in U.S.-affiliated areas 45.2 40.7 28.8 24.9 29.2 23.3 22.9 21.6 25.0 19.4 19.1 10

11 Credit unions 11.9 9.2 3.6 4.7 19.4 11.0 11.6 12.2 11.5 12.4 16.4 11

12 Property-casualty insurance companies 759.3 815.7 811.1 811.0 832.6 844.6 845.8 857.4 864.3 880.3 887.2 12

13 Life insurance companies 824.0 925.9 1010.6 905.0 985.6 1089.7 1115.5 1109.0 1089.2 1105.4 1150.5 13

14 Government-sponsored enterprises 141.8 153.4 171.1 208.2 270.4 154.6 140.5 137.7 130.7 130.6 132.0 14

15 Finance companies 702.8 715.7 654.4 664.8 573.6 561.7 550.0 556.9 567.4 553.8 536.1 15

16 REITs 55.3 63.0 67.6 64.9 51.1 66.0 70.1 72.1 75.3 74.4 89.7 16

17 Brokers and dealers 405.5 519.5 558.4 441.4 460.1 497.5 493.7 510.6 478.0 494.2 515.7 17

18 Holding companies 215.5 294.4 328.3 422.9 548.0 522.0 529.8 531.6 521.5 481.1 577.8 18

19 Funding corporations 724.0 831.1 1071.2 1608.7 1603.1 1559.9 1462.2 1431.0 1437.1 1495.7 1524.1 19

20 Total assets 19805.2 22313.5 24890.1 25179.6 25519.9 26392.1 26326.6 26599.1 27645.3 27643.1 27647.7 20

21 Household sector 608.7 646.1 712.2 766.3 787.1 830.6 832.3 834.1 852.3 877.2 878.4 21

22 Nonfinancial corporate business 8176.9 8941.7 9890.0 9377.9 9561.4 10204.4 10231.9 10362.9 10542.5 10882.6 11037.7 22

23 Nonfinancial noncorporate business 1301.7 1683.5 2014.3 2121.8 2040.0 1962.6 1961.2 1962.1 1964.1 1971.4 1977.0 23

24 State and local governments 19.3 -44.1 -26.7 -13.0 4.3 53.2 34.3 25.3 22.1 3.2 1.1 24

25 Federal government 133.7 136.8 138.7 110.8 145.8 141.4 141.0 142.7 143.1 143.1 139.9 25

26 Rest of the world 3219.7 3997.4 4536.2 4282.3 4244.2 4677.5 4541.4 4636.4 5195.7 4849.7 4572.0 26

27 Monetary authority 18.1 17.0 40.5 569.8 75.9 83.1 92.8 105.0 104.6 225.8 188.1 27

28 U.S.-chartered depository institutions 844.4 772.0 869.1 1199.2 1021.7 929.3 938.7 935.8 1012.8 952.6 871.8 28

29 Foreign banking offices in U.S. 24.3 -119.6 -104.9 259.7 143.9 148.7 182.6 252.0 374.8 371.8 300.3 29

30 Banks in U.S.-affiliated areas 5.3 5.9 12.1 11.1 6.5 11.0 10.9 11.9 16.7 11.8 11.8 30

31 Credit unions 24.2 24.9 35.9 44.3 50.6 41.9 42.8 20.5 23.4 15.0 13.3 31

32 Property-casualty insurance companies 103.3 105.5 121.1 102.6 128.0 143.1 140.6 142.6 148.2 148.7 154.4 32

33 Life insurance companies 262.1 303.3 342.9 380.1 357.6 360.3 340.7 354.0 350.6 331.9 351.8 33

34 Private pension funds 480.2 532.5 567.1 426.5 533.3 549.4 559.0 554.0 503.8 536.8 571.4 34

35 State and local govt. retirement funds 15.4 16.3 15.7 15.7 16.2 17.0 17.3 17.3 18.0 18.1 18.4 35

36 Federal government retirement funds 882.9 918.7 952.0 1015.3 1077.2 1142.9 1128.8 1042.1 1149.3 1213.7 1197.2 36

37 Money market mutual funds 43.3 59.2 90.9 47.9 59.1 66.9 69.5 64.0 68.3 72.7 62.3 37

38 Mutual funds 10.7 14.0 16.8 20.0 14.9 2.9 5.5 13.4 14.4 5.7 5.7 38

39 Government-sponsored enterprises 117.8 114.7 141.7 99.1 100.3 148.6 108.8 109.2 154.0 148.5 150.1 39

40 Finance companies 46.7 18.9 30.1 51.5 77.8 -10.4 -1.4 1.4 7.3 -4.5 -1.4 40

41 REITs 51.9 59.7 55.4 54.6 46.1 53.5 59.6 62.8 64.1 66.8 72.0 41

42 Brokers and dealers 1202.6 1599.4 1633.7 1105.7 1141.0 1025.3 1005.5 1026.2 1004.5 932.0 951.9 42

43 Holding companies 1609.4 1875.8 2054.0 2337.0 3160.6 3129.4 3175.4 3210.2 3215.3 3165.9 3397.6 43

44 Funding corporations 602.8 633.9 751.5 793.5 726.3 679.8 707.4 713.1 695.4 702.5 724.8 44

45 Discrepancy -5476.3 -6621.3 -7351.3 -5107.4 -5559.6 -5479.8 -5544.4 -5751.1 -5491.9 -5481.4 -5309.3 45
110 Z.1, June 7, 2012

L.229 Identified Miscellaneous Financial Claims - Part I

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 U.S. direct investment abroad:

 1 Liab.: Rest of the world 2651.7 2948.2 3553.1 3748.5 4067.5 4429.4 4528.1 4673.1 4755.2 4835.7 4923.9 1

 2 Asset: Nonfinancial corporate business 2205.7 2440.7 2892.9 3011.1 3294.0 3585.2 3681.6 3815.2 3893.1 3968.4 4054.8 2

 3 U.S.-chartered depository institutions 104.9 95.9 150.3 201.5 241.2 257.1 259.1 259.2 252.6 249.8 239.4 3

 4 Property-casualty insurance companies 103.3 105.5 121.1 102.6 128.0 143.1 140.6 142.6 148.2 148.7 154.4 4

 5 Life insurance companies 19.1 20.0 25.6 25.0 28.1 32.1 32.2 33.7 35.2 36.4 38.1 5

 6 Finance companies 17.7 42.0 177.9 221.0 204.9 224.6 225.3 231.4 233.7 236.4 238.3 6

 7 Brokers and dealers 201.1 244.1 185.3 187.4 171.4 187.4 189.3 191.0 192.6 196.0 198.9 7

 Foreign direct investment in U.S.:

 8 Liab.: Nonfinancial corporate business 1549.4 1722.7 1961.9 2050.3 2025.8 2175.2 2199.5 2247.7 2312.0 2377.0 2448.1 8

 9 Nonfinancial noncorporate business 3.3 3.6 3.6 3.6 4.0 4.3 4.3 4.3 4.4 4.4 4.4 9

10 Foreign banking offices in U.S. 130.2 135.4 94.2 71.7 104.9 111.3 115.2 118.6 127.3 129.3 135.8 10

11 Property-casualty insurance companies 60.1 99.9 76.6 51.2 77.8 83.5 85.1 83.5 82.9 83.9 84.3 11

12 Life insurance companies 65.8 71.3 68.7 60.3 68.9 86.8 81.8 80.8 75.5 74.7 71.7 12

13 Finance companies 38.8 51.1 68.6 78.1 75.0 83.6 84.7 87.6 87.3 91.8 94.1 13

14 Brokers and dealers 49.9 61.0 62.6 72.1 74.5 103.0 104.7 108.6 113.2 113.6 115.8 14

15 Funding corporations 8.4 9.0 9.6 10.2 10.8 11.4 11.6 11.7 11.9 12.0 12.2 15

16 Asset: Rest of the world 1906.0 2154.1 2345.9 2397.4 2441.7 2658.9 2686.7 2742.9 2814.4 2886.8 2966.4 16

 Federal government equity in IBRD, etc.:

17 Liab.: Rest of the world 43.2 45.3 46.9 48.3 50.0 52.3 52.9 54.3 54.7 54.9 54.6 17

18 Asset: Federal government 43.2 45.3 46.9 48.3 50.0 52.3 52.9 54.3 54.7 54.9 54.6 18

 Federal Reserve Bank stock:

19 Liab.: Monetary authority 13.5 15.3 18.5 21.1 25.6 26.5 26.3 26.5 26.0 26.9 27.2 19

20 Asset: U.S.-chartered depository institutions 13.5 15.3 18.5 21.1 25.6 26.5 26.3 26.5 26.0 26.9 27.2 20

 Equity in government-sponsored enterprises:

21 Liab.: Government-sponsored enterprises 46.7 46.9 56.0 51.8 51.8 49.0 48.6 44.2 43.5 43.1 42.4 21

22 Asset: Nonfin. corporate business (Fannie Mae and FCS) 0.5 0.6 0.7 0.4 0.5 0.6 0.7 0.6 0.5 0.5 0.7 22

23 Nonfinancial noncorporate (FCS) 4.1 4.3 5.0 6.4 6.3 6.7 6.7 6.8 7.0 7.0 7.1 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) 38.7 38.5 45.5 39.0 39.7 36.7 36.2 32.1 31.2 30.6 29.8 25

26 Credit unions (FHLB) 1.8 1.9 2.5 2.8 2.4 2.2 2.2 2.0 2.0 2.9 2.8 26

27 Life insurance companies (FHLB) 1.6 1.6 2.2 3.2 2.9 2.9 2.9 2.7 2.7 2.1 2.1 27

 Holding company net transactions with subsidiaries:

28 Liab.: U.S.-chartered depository institutions 989.7 1142.9 1256.9 1370.5 1599.5 1632.8 1671.0 1674.2 1696.8 1711.9 1782.4 28

29 Life insurance companies 35.6 38.3 43.7 31.2 40.5 62.7 64.5 67.4 74.6 72.0 71.5 29

30 Finance companies 195.2 198.5 239.9 232.6 209.3 173.1 148.8 154.9 154.5 154.6 148.3 30

31 Brokers and dealers 110.2 114.5 57.0 155.2 596.1 568.4 598.9 552.7 539.2 554.8 653.7 31

32 Rest of the world 27.1 68.4 110.6 101.5 125.1 135.6 121.9 186.2 195.9 162.1 181.4 32

33 Asset: Holding companies 1357.8 1562.6 1708.1 1891.0 2570.3 2572.7 2605.1 2635.5 2660.9 2655.4 2837.4 33

 NFC investment in finance company subsidiaries:

34 Liab.: Finance companies 117.0 140.1 81.5 80.5 71.2 91.5 108.7 113.2 112.9 112.9 108.3 34

35 Asset: Nonfinancial corporate business 117.0 140.1 81.5 80.5 71.2 91.5 108.7 113.2 112.9 112.9 108.3 35

 Funding corporations’ investment in subsidiaries:

36 Liab.: Foreign banking offices in U.S. 188.8 197.3 241.0 276.6 203.1 171.6 188.9 173.4 140.1 137.8 154.3 36

37 Brokers and dealers 414.0 436.5 510.5 516.9 523.2 508.2 518.5 539.7 555.3 564.7 570.5 37

38 Asset: Funding corporations 602.8 633.9 751.5 793.5 726.3 679.8 707.4 713.1 695.4 702.5 724.8 38

 Equity investment under Public-Private Inv. Program:

39 Liab.: Funding corporations 0.0 0.0 0.0 0.0 1.8 7.7 7.8 8.3 8.7 8.8 8.8 39

40 Asset: Households (1) 0.0 0.0 0.0 0.0 0.9 3.8 3.9 4.1 4.4 4.4 4.4 40

41 Federal government 0.0 0.0 0.0 0.0 0.9 3.8 3.9 4.1 4.4 4.4 4.4 41

(1) Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).
Z.1, June 7, 2012 111

L.230 Identified Miscellaneous Financial Claims - Part II

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 Nonofficial foreign currencies:

 1 Liab.: Rest of the world 0.6 0.6 24.5 554.2 10.9 0.8 0.7 1.0 1.5 100.5 47.2 1

 2 Asset: Federal government 0.6 0.6 0.5 0.5 0.7 0.8 0.7 1.0 1.0 0.7 0.7 2

 3 Monetary authority (1) 0.0 0.0 24.0 553.7 10.3 0.1 0.0 0.0 0.5 99.8 46.5 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 19.2 19.0 20.9 15.5 15.9 14.4 15.0 14.1 16.3 12.6 16.8 6

 7 Asset: U.S.-chartered depository institutions 19.2 19.0 20.9 15.5 15.9 14.4 15.0 14.1 16.3 12.6 16.8 7

 Deferred and unpaid life insurance premiums:

 8 Liab.: Household sector 22.4 22.8 23.9 27.0 22.1 24.7 25.2 25.6 24.4 24.3 26.2 8

 9 Asset: Life insurance companies 22.4 22.8 23.9 27.0 22.1 24.7 25.2 25.6 24.4 24.3 26.2 9

 Life insurance company reserves:

10 Liab.: Life insurance companies 217.3 232.1 247.6 265.2 273.6 288.4 291.2 293.8 300.4 302.8 302.6 10

11 Accident and health 138.3 149.8 163.3 182.7 192.4 207.1 208.9 213.2 219.4 222.3 221.3 11

12 Policy dividend accumulation 42.7 43.5 43.7 40.4 39.2 39.7 39.9 38.6 38.5 37.9 38.1 12

13 Contract claims 36.3 38.8 40.6 42.1 42.0 41.6 42.4 41.9 42.6 42.6 43.2 13

14 Asset: Household sector 217.3 232.1 247.6 265.2 273.6 288.4 291.2 293.8 300.4 302.8 302.6 14

 Policy payables:

15 Liab.: Property-casualty insurance companies 699.2 715.8 734.5 759.9 754.8 761.2 760.7 773.9 781.4 796.4 802.9 15

16 Asset: Household sector 316.0 320.5 327.3 337.3 332.2 335.4 334.4 339.7 342.1 348.6 351.2 16

17 Nonfinancial corporate business 284.0 291.6 299.9 311.1 310.2 313.2 313.3 319.1 322.5 328.9 331.8 17

18 Nonfinancial noncorporate business 99.2 103.6 107.3 111.5 112.4 112.5 113.0 115.1 116.8 118.9 119.8 18

 Unallocated insurance company contracts:

19 Liab.: Life insurance companies 338.4 387.9 431.3 317.6 412.8 457.5 471.6 471.0 420.9 450.8 485.8 19

20 Asset: Private pension funds 338.4 387.9 431.3 317.6 412.8 457.5 471.6 471.0 420.9 450.8 485.8 20

 Pension fund contributions payable:

21 Liab.: Nonfinancial corporate business 44.8 42.8 47.2 47.9 50.5 49.2 49.0 49.0 49.1 49.4 49.7 21

22 Asset: Private pension funds 44.8 42.8 47.2 47.9 50.5 49.2 49.0 49.0 49.1 49.4 49.7 22

 Securities borrowed (net):

23 Liab.: Funding corporations 939.7 1242.3 1240.2 887.0 856.8 733.4 709.6 727.8 727.0 658.4 651.6 23

24 Asset: Brokers and dealers 939.7 1242.3 1240.2 887.0 856.8 733.4 709.6 727.8 727.0 658.4 651.6 24

 Nonmarketable government securities:

25 Liab.: Federal government 882.9 918.7 952.0 1015.3 1077.2 1142.9 1128.8 1042.1 1149.3 1213.7 1197.2 25

26 Asset: Federal government retirement funds 882.9 918.7 952.0 1015.3 1077.2 1142.9 1128.8 1042.1 1149.3 1213.7 1197.2 26

 Retiree health care funds (2):

27 Liab.: Federal government 75.4 93.5 137.3 163.8 180.4 202.9 202.8 196.5 205.4 221.4 220.3 27

28 Asset: Household sector 75.4 93.5 137.3 163.8 180.4 202.9 202.8 196.5 205.4 221.4 220.3 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, June 7, 2012

L.231 Unidentified Miscellaneous Financial Claims

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

2005 2006 2007 2008 2009 2010 2011 2012

 Q1 Q2 Q3 Q4 Q1

 1 Total liabilities 4350.4 4470.6 5118.0 6986.7 6299.0 6669.2 6356.0 6242.2 7305.9 7004.6 6844.3 1

 2 Nonfinancial corporate business 2059.3 1898.9 1871.1 1969.8 1967.1 1812.6 1679.2 1522.6 1403.2 1298.7 1209.8 2

 3 Nonfinancial noncorporate business 857.9 1002.5 1096.4 1210.7 1243.3 1277.4 1285.2 1294.3 1303.1 1315.0 1317.9 3

 4 Federal government 5.4 5.1 4.9 4.3 4.0 3.6 3.5 3.4 3.3 3.2 3.1 4

 5 Rest of the world 814.8 1176.7 1369.5 1606.4 1670.0 1964.1 1901.2 1848.2 2791.3 2585.5 2510.0 5

 6 Monetary authority 1.8 3.2 2.5 2.1 3.6 31.9 3.1 0.5 1.7 4.8 6.5 6

 7 U.S.-chartered depository institutions 136.6 57.7 53.3 120.6 29.4 177.0 176.9 215.8 238.4 231.1 248.2 7

 8 Foreign banking offices in U.S. -55.1 -177.9 -35.6 501.1 123.2 155.9 176.6 250.3 470.2 426.7 341.6 8

 9 Banks in U.S.-affiliated areas 45.2 40.7 28.8 24.9 29.2 23.3 22.9 21.6 25.0 19.4 19.1 9

10 Credit unions 11.9 9.2 3.6 4.7 19.4 11.0 11.6 12.2 11.5 12.4 16.4 10

11 Life insurance companies 166.9 196.3 219.3 230.8 189.8 194.4 206.4 196.1 217.8 205.0 219.0 11

12 Government-sponsored enterprises 75.9 87.6 94.3 141.0 202.8 91.2 76.8 79.4 71.0 74.9 72.8 12

13 Finance companies 351.8 326.0 264.4 273.7 218.1 213.5 207.7 201.3 212.8 194.5 185.4 13

14 REITs 55.3 63.0 67.6 64.9 51.1 66.0 70.1 72.1 75.3 74.4 89.7 14

15 Brokers and dealers -168.5 -92.5 -71.7 -302.8 -733.7 -682.0 -728.4 -690.4 -729.6 -738.9 -824.4 15

16 Holding companies 215.5 294.4 328.3 422.9 548.0 522.0 529.8 531.6 521.5 481.1 577.8 16

17 Funding corporations -224.1 -420.2 -178.6 711.5 733.7 807.5 733.3 683.3 689.6 816.6 851.5 17

18 Total assets 9826.7 11091.8 12469.3 12094.1 11858.6 12149.0 11900.4 11993.4 12797.8 12486.1 12153.6 18

19 Nonfinancial corporate business 5569.6 6068.7 6615.0 5974.8 5885.6 6214.0 6127.6 6114.8 6213.5 6471.9 6542.0 19

20 Nonfinancial noncorporate business 1198.4 1575.6 1902.0 2003.9 1921.3 1843.3 1841.6 1840.1 1840.4 1845.6 1850.1 20

21 State and local governments 19.3 -44.1 -26.7 -13.0 4.3 53.2 34.3 25.3 22.1 3.2 1.1 21

22 Federal government 89.9 91.0 91.4 62.0 94.3 84.5 83.6 83.3 83.0 83.2 80.2 22

23 Rest of the world 1313.8 1843.3 2190.2 1884.9 1802.5 2018.6 1854.7 1893.5 2381.2 1962.9 1605.6 23

24 Monetary authority 18.1 17.0 16.5 16.1 65.6 83.0 92.8 105.0 104.1 126.0 141.6 24

25 U.S.-chartered depository institutions 668.1 603.3 634.0 922.2 699.2 594.6 602.1 603.9 686.7 632.7 558.6 25

26 Foreign banking offices in U.S. 24.3 -119.6 -104.9 259.7 143.9 148.7 182.6 252.0 374.8 371.8 300.3 26

27 Banks in U.S.-affiliated areas 5.3 5.9 12.1 11.1 6.5 11.0 10.9 11.9 16.7 11.8 11.8 27

28 Credit unions 22.4 23.0 33.4 41.5 48.2 39.7 40.6 18.5 21.4 12.1 10.5 28

29 Life insurance companies 219.0 258.9 291.2 324.9 304.5 300.6 280.4 291.9 288.3 269.2 285.5 29

30 Private pension funds 97.0 101.8 88.6 61.0 70.0 42.8 38.4 34.1 33.8 36.6 35.9 30

31 State and local govt. retirement funds 15.4 16.3 15.7 15.7 16.2 17.0 17.3 17.3 18.0 18.1 18.4 31

32 Mutual funds 10.7 14.0 16.8 20.0 14.9 2.9 5.5 13.4 14.4 5.7 5.7 32

33 Money market mutual funds 43.3 59.2 90.9 47.9 59.1 66.9 69.5 64.0 68.3 72.7 62.3 33

34 Government-sponsored enterprises 117.8 114.7 141.7 99.1 100.3 148.6 108.8 109.2 154.0 148.5 150.1 34

35 Finance companies 29.0 -23.1 -147.8 -169.5 -127.1 -235.1 -226.8 -230.0 -226.3 -241.0 -239.7 35

36 REITs 51.9 59.7 55.4 54.6 46.1 53.5 59.6 62.8 64.1 66.8 72.0 36

37 Brokers and dealers 61.8 113.0 208.1 31.3 112.9 104.6 106.6 107.4 84.9 77.7 101.3 37

38 Holding companies 251.6 313.2 345.9 446.0 590.3 556.7 570.3 574.8 554.4 510.4 560.3 38

39 Discrepancy -5476.3 -6621.3 -7351.3 -5107.4 -5559.6 -5479.8 -5544.4 -5751.1 -5491.9 -5481.4 -5309.3 39