58 Z.1, December 7, 2006

L.1 Credit Market Debt Outstanding (1)

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total credit market debt owed by: 29257.9 31726.6 34614.0 37703.7 38372.8 39181.3 39941.3 41041.4 41891.5 42712.0 43467.4 1

 2 Domestic nonfinancial sectors 19212.1 20598.8 22318.7 24333.0 24840.0 25337.6 25967.4 26647.1 27218.4 27673.7 28146.7 2

 3 Household sector 7649.4 8463.2 9451.8 10560.1 10740.9 11073.2 11447.6 11798.7 12011.6 12298.2 12555.1 3

 4 Nonfinancial corporate business 4729.1 4744.6 4855.5 5033.2 5094.4 5167.8 5227.8 5312.4 5409.6 5535.4 5609.1 4

 5 Nonfarm noncorporate business 1958.7 2106.7 2203.2 2442.8 2495.9 2580.2 2658.0 2748.3 2823.4 2890.6 2953.8 5

 6 Farm business 192.1 200.0 207.6 219.1 216.2 224.1 230.8 231.7 234.8 244.3 251.8 6

 7 State and local governments 1303.4 1447.3 1567.6 1682.8 1732.9 1775.5 1813.5 1854.1 1881.0 1922.0 1950.4 7

 8 Federal government 3379.5 3637.0 4033.1 4395.0 4559.7 4516.8 4589.6 4701.9 4858.0 4783.2 4826.6 8

 9 Rest of the world 862.9 1072.3 1244.5 1424.8 1439.5 1462.0 1482.6 1466.0 1498.3 1519.6 1624.1 9

10 Financial sectors 9183.0 10055.4 11050.8 11946.0 12093.2 12381.7 12491.3 12928.3 13174.7 13518.7 13696.6 10

11 Commercial banking 562.1 611.8 661.0 738.8 776.3 792.0 810.6 823.9 837.0 889.6 899.4 11

12 U.S.-chartered commercial banks 294.9 324.8 338.7 356.7 372.3 382.7 388.3 393.6 397.6 421.9 423.4 12

13 Foreign banking offices in U.S. 1.1 0.7 0.6 0.7 0.6 0.8 0.8 0.8 0.8 0.7 0.7 13

14 Bank holding companies 266.1 286.4 321.8 381.3 403.3 408.6 421.5 429.5 438.7 467.0 475.3 14

15 Savings institutions 285.7 262.3 268.3 332.8 324.3 344.1 344.3 348.9 343.0 346.5 354.0 15

16 Credit unions 4.9 6.9 9.1 11.4 11.8 12.5 12.6 14.7 14.6 16.3 16.8 16

17 Life insurance companies 3.1 5.1 8.0 11.1 10.7 11.2 11.3 11.5 12.2 12.5 13.1 17

18 Government-sponsored enterprises 2130.6 2350.4 2594.1 2659.2 2606.8 2585.7 2524.8 2575.0 2611.2 2689.8 2642.0 18

19 Agency- and GSE-backed mortgage pools 2831.8 3158.6 3489.1 3542.2 3547.1 3567.9 3616.6 3677.0 3752.4 3813.3 3892.3 19

20 ABS issuers 1696.5 1879.2 2076.3 2408.4 2510.3 2687.5 2859.7 3069.5 3141.6 3240.9 3326.9 20

21 Finance companies 818.1 884.3 995.3 1129.7 1144.0 1143.9 1038.6 1108.6 1101.0 1124.0 1121.6 21

22 REITs 171.2 195.7 227.7 340.9 359.2 382.4 398.9 399.5 416.1 430.9 437.1 22

23 Brokers and dealers 42.3 40.6 47.0 62.2 65.0 63.7 70.7 62.4 71.1 72.8 74.0 23

24 Funding corporations 636.6 660.4 674.8 709.4 737.9 790.7 803.2 837.5 874.6 882.1 919.3 24

25 Total credit market assets held by: 29257.9 31726.6 34614.0 37703.7 38372.8 39181.3 39941.3 41041.4 41891.5 42712.0 43467.4 25

26 Domestic nonfinancial sectors 3694.3 3894.8 4280.6 4613.9 4598.3 4722.8 4765.9 5034.0 5112.6 5132.1 5121.3 26

27 Household sector 2117.7 2197.5 2529.6 2747.9 2707.9 2802.5 2796.7 3026.4 3098.6 3092.1 3041.0 27

28 Nonfinancial corporate business 243.6 269.4 266.3 301.7 295.3 299.6 312.8 332.6 332.0 337.4 354.2 28

29 Nonfarm noncorporate business 73.1 72.4 73.6 85.3 87.6 91.1 94.5 98.2 101.0 103.1 105.5 29

30 State and local governments 981.2 1067.4 1125.6 1190.2 1218.7 1244.9 1273.7 1290.7 1293.9 1312.8 1330.5 30

31 Federal government 278.7 288.2 285.6 288.8 288.8 284.6 288.3 286.1 287.1 286.8 290.2 31

32 Rest of the world 3213.2 3736.8 4169.3 4981.1 5173.5 5361.2 5572.3 5672.0 5851.7 6066.1 6256.4 32

33 Financial sectors 22350.4 24095.0 26164.1 28108.7 28601.0 29097.4 29603.1 30335.4 30927.1 31513.8 32089.7 33

34 Monetary authority 551.7 629.4 666.7 717.8 717.3 724.7 736.4 744.2 758.5 766.4 768.9 34

35 Commercial banking 5210.5 5614.9 5960.8 6543.0 6745.2 6909.7 7084.1 7189.6 7366.0 7586.6 7631.1 35

36 U.S.-chartered commercial banks 4610.1 5003.9 5361.7 5909.7 6054.3 6178.8 6327.3 6408.2 6560.7 6741.8 6769.8 36

37 Foreign banking offices in U.S. 510.7 516.9 485.8 506.1 563.1 592.1 628.2 648.3 669.5 713.0 730.0 37

38 Bank holding companies 24.7 27.8 36.4 36.4 34.0 41.4 29.9 32.2 33.9 31.9 32.1 38

39 Banks in U.S.-affiliated areas 65.0 66.3 76.9 90.8 93.8 97.4 98.8 101.0 102.0 99.9 99.2 39

40 Savings institutions 1133.2 1166.6 1292.6 1485.4 1496.3 1550.2 1588.8 1616.6 1648.8 1679.5 1744.5 40

41 Credit unions 421.2 465.4 516.6 556.4 565.8 579.0 585.9 592.6 604.1 615.6 624.4 41

42 Property-casualty insurance companies 518.4 558.3 625.2 698.8 721.1 733.4 760.3 765.8 780.8 792.9 803.6 42

43 Life insurance companies 2074.8 2307.8 2488.3 2661.4 2714.2 2733.2 2760.6 2765.4 2803.0 2821.6 2852.4 43

44 Private pension funds 585.8 577.3 646.5 646.1 645.4 645.6 649.9 658.6 660.5 672.5 682.2 44

45 State and local govt. retirement funds 689.4 638.7 649.9 677.1 692.1 686.2 672.6 674.3 672.0 686.9 676.2 45

46 Federal government retirement funds 44.8 57.6 63.6 68.2 70.4 73.2 75.2 76.0 77.3 81.8 83.7 46

47 Money market mutual funds 1584.9 1567.1 1471.3 1346.3 1294.3 1245.1 1241.8 1336.2 1347.7 1370.9 1452.9 47

48 Mutual funds 1229.7 1368.4 1506.4 1623.0 1669.3 1697.3 1719.6 1747.1 1805.7 1840.2 1880.2 48

49 Closed-end funds 108.5 117.1 153.3 164.5 166.1 167.1 166.9 166.0 168.5 173.2 170.9 49

50 Exchange-traded funds 0.0 3.7 4.5 8.2 11.2 12.0 13.8 15.0 15.7 18.0 18.7 50

51 Government-sponsored enterprises 2099.1 2323.2 2559.7 2605.9 2581.4 2571.2 2503.2 2540.5 2545.2 2595.2 2571.7 51

52 Agency- and GSE-backed mortgage pools 2831.8 3158.6 3489.1 3542.2 3547.1 3567.9 3616.6 3677.0 3752.4 3813.3 3892.3 52

53 ABS issuers 1601.5 1790.7 1994.3 2327.5 2428.5 2602.2 2769.0 2969.5 3038.4 3133.1 3210.9 53

54 Finance companies 978.6 1082.3 1205.0 1420.0 1423.1 1441.7 1465.2 1537.1 1543.0 1575.5 1609.0 54

55 REITs 48.0 69.4 97.5 200.1 209.5 239.5 261.8 267.0 277.1 291.6 298.3 55

56 Brokers and dealers 316.0 344.4 424.1 394.9 440.0 457.3 432.0 486.0 497.2 470.0 546.1 56

57 Funding corporations 322.6 254.1 348.8 421.8 462.7 460.9 499.5 511.1 565.0 529.1 571.6 57

(1) Excludes corporate equities and mutual fund shares.
Z.1, December 7, 2006 59

L.2 Credit Market Debt Owed by Nonfinancial Sectors

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Domestic 19212.1 20598.8 22318.7 24333.0 24840.0 25337.6 25967.4 26647.1 27218.4 27673.7 28146.7 1

 2 By instrument 19212.1 20598.8 22318.7 24333.0 24840.0 25337.6 25967.4 26647.1 27218.4 27673.7 28146.7 2

 3 Commercial paper 177.9 119.9 84.8 101.6 115.3 114.4 119.6 93.8 100.4 115.4 114.2 3

 4 Treasury securities 3352.7 3609.8 4008.2 4370.7 4535.6 4493.1 4566.0 4678.0 4834.4 4759.6 4803.2 4

 5 Agency- and GSE-backed securities 26.8 27.3 24.9 24.3 24.1 23.7 23.6 23.8 23.6 23.6 23.4 5

 6 Municipal securities 1603.5 1762.9 1900.5 2031.0 2085.7 2134.2 2176.1 2225.6 2254.9 2305.7 2337.5 6

 7 Corporate bonds 2578.0 2710.3 2868.6 2946.3 2954.9 2962.4 2987.3 3006.2 3059.6 3111.4 3141.3 7

 8 Bank loans n.e.c. 1239.4 1132.8 1087.5 1100.0 1118.3 1170.6 1183.8 1237.0 1293.0 1325.0 1368.3 8

 9 Other loans and advances 934.2 949.9 955.4 975.8 988.6 1018.2 1015.6 1053.1 1055.0 1089.5 1091.8 9

10 Mortgages 7400.0 8272.9 9271.8 10549.4 10801.7 11180.9 11607.2 12004.3 12303.6 12614.8 12880.8 10

11 Home 5639.5 6373.5 7174.3 8243.9 8445.0 8745.2 9087.8 9378.8 9612.3 9845.7 10028.9 11

12 Multifamily residential 427.1 464.0 534.3 582.8 595.6 615.7 631.9 654.9 668.0 678.9 688.0 12

13 Commercial 1215.4 1309.8 1429.6 1581.0 1618.1 1673.8 1739.2 1822.8 1872.9 1935.5 2004.7 13

14 Farm 118.0 125.6 133.6 141.7 143.0 146.2 148.3 147.9 150.5 154.7 159.1 14

15 Consumer credit 1899.6 2013.0 2117.0 2233.9 2215.8 2240.1 2288.1 2325.3 2293.9 2328.8 2386.2 15

16 By sector 19212.1 20598.8 22318.7 24333.0 24840.0 25337.6 25967.4 26647.1 27218.4 27673.7 28146.7 16

17 Household sector 7649.4 8463.2 9451.8 10560.1 10740.9 11073.2 11447.6 11798.7 12011.6 12298.2 12555.1 17

18 Nonfinancial business 6879.8 7051.3 7266.3 7695.1 7806.5 7972.1 8116.6 8292.4 8467.8 8670.3 8814.7 18

19 Corporate 4729.1 4744.6 4855.5 5033.2 5094.4 5167.8 5227.8 5312.4 5409.6 5535.4 5609.1 19

20 Nonfarm noncorporate 1958.7 2106.7 2203.2 2442.8 2495.9 2580.2 2658.0 2748.3 2823.4 2890.6 2953.8 20

21 Farm 192.1 200.0 207.6 219.1 216.2 224.1 230.8 231.7 234.8 244.3 251.8 21

22 State and local governments 1303.4 1447.3 1567.6 1682.8 1732.9 1775.5 1813.5 1854.1 1881.0 1922.0 1950.4 22

23 Federal government 3379.5 3637.0 4033.1 4395.0 4559.7 4516.8 4589.6 4701.9 4858.0 4783.2 4826.6 23

 Foreign credit market debt

24 held in U.S. 862.9 1072.3 1244.5 1424.8 1439.5 1462.0 1482.6 1466.0 1498.3 1519.6 1624.1 24

25 Commercial paper 196.0 254.2 267.1 329.9 332.3 336.2 355.0 368.4 389.0 370.1 433.6 25

26 Bonds 557.1 705.2 874.4 993.0 1003.3 1024.4 1026.5 987.5 1000.2 1035.0 1079.1 26

27 Bank loans n.e.c. 63.2 68.6 60.9 63.3 66.3 65.0 66.3 76.2 78.1 85.1 83.8 27

28 Other loans and advances 46.6 44.3 42.2 38.6 37.7 36.4 34.7 34.0 31.1 29.4 27.5 28

29 Domestic and foreign 20075.0 21671.2 23563.2 25757.8 26279.6 26799.6 27450.0 28113.2 28716.7 29193.3 29770.9 29

L.3 Credit Market Debt Owed by Financial Sectors

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

 1 By instrument 9183.0 10055.4 11050.8 11946.0 12093.2 12381.7 12491.3 12928.3 13174.7 13518.7 13696.6 1

 2 Open market paper 1197.3 1133.5 1080.5 1135.7 1158.6 1218.0 1269.5 1371.8 1411.9 1475.4 1542.6 2

 3 GSE issues 2130.6 2350.4 2594.1 2659.2 2606.8 2585.7 2524.8 2575.0 2611.2 2689.8 2642.0 3

 4 Agency- and GSE-backed mortgage pool sec. 2831.8 3158.6 3489.1 3542.2 3547.1 3567.9 3616.6 3677.0 3752.4 3813.3 3892.3 4

 5 Corporate bonds 2352.4 2706.0 3147.7 3735.7 3899.4 4096.1 4148.4 4364.7 4459.0 4575.0 4652.2 5

 6 Bank loans n.e.c. 121.7 142.8 135.6 169.1 168.8 163.3 173.8 178.3 176.3 172.9 171.6 6

 7 Other loans and advances 463.7 470.5 501.7 575.8 578.6 611.9 614.5 620.1 616.9 641.5 643.7 7

 8 Mortgages 85.6 93.8 102.1 128.4 134.0 138.8 143.8 141.4 147.1 150.8 152.3 8

 9 By sector 9183.0 10055.4 11050.8 11946.0 12093.2 12381.7 12491.3 12928.3 13174.7 13518.7 13696.6 9

10 Commercial banks 296.0 325.5 339.3 357.5 373.0 383.4 389.1 394.3 398.4 422.6 424.1 10

11 Bank holding companies 266.1 286.4 321.8 381.3 403.3 408.6 421.5 429.5 438.7 467.0 475.3 11

12 Savings institutions 285.7 262.3 268.3 332.8 324.3 344.1 344.3 348.9 343.0 346.5 354.0 12

13 Credit unions 4.9 6.9 9.1 11.4 11.8 12.5 12.6 14.7 14.6 16.3 16.8 13

14 Life insurance companies 3.1 5.1 8.0 11.1 10.7 11.2 11.3 11.5 12.2 12.5 13.1 14

15 Government-sponsored enterprises 2130.6 2350.4 2594.1 2659.2 2606.8 2585.7 2524.8 2575.0 2611.2 2689.8 2642.0 15

16 Agency- and GSE-backed mortgage pools 2831.8 3158.6 3489.1 3542.2 3547.1 3567.9 3616.6 3677.0 3752.4 3813.3 3892.3 16

17 ABS issuers 1696.5 1879.2 2076.3 2408.4 2510.3 2687.5 2859.7 3069.5 3141.6 3240.9 3326.9 17

18 Brokers and dealers 42.3 40.6 47.0 62.2 65.0 63.7 70.7 62.4 71.1 72.8 74.0 18

19 Finance companies 818.1 884.3 995.3 1129.7 1144.0 1143.9 1038.6 1108.6 1101.0 1124.0 1121.6 19

20 REITs 171.2 195.7 227.7 340.9 359.2 382.4 398.9 399.5 416.1 430.9 437.1 20

21 Funding corporations 636.6 660.4 674.8 709.4 737.9 790.7 803.2 837.5 874.6 882.1 919.3 21
60 Z.1, December 7, 2006

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

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total 29257.9 31726.6 34614.0 37703.7 38372.8 39181.3 39941.3 41041.4 41891.5 42712.0 43467.4 1

 2 Open market paper 1571.1 1507.6 1432.5 1567.2 1606.2 1668.5 1744.1 1833.9 1901.3 1960.9 2090.4 2

 3 Treasury securities 3352.7 3609.8 4008.2 4370.7 4535.6 4493.1 4566.0 4678.0 4834.4 4759.6 4803.2 3

 4 Agency- and GSE-backed securities 4989.1 5536.3 6108.1 6225.6 6177.9 6177.3 6165.0 6275.8 6387.2 6526.7 6557.7 4

 5 Municipal securities 1603.5 1762.9 1900.5 2031.0 2085.7 2134.2 2176.1 2225.6 2254.9 2305.7 2337.5 5

 6 Corporate and foreign bonds 5487.4 6121.5 6890.6 7675.0 7857.6 8082.9 8162.1 8358.4 8518.7 8721.3 8872.6 6

 7 Bank loans n.e.c. 1424.3 1344.2 1283.9 1332.4 1353.5 1398.9 1423.9 1491.4 1547.3 1583.0 1623.7 7

 8 Other loans and advances 1444.5 1464.7 1499.2 1590.2 1604.8 1666.5 1664.8 1707.2 1702.9 1760.4 1763.0 8

 9 Mortgages 7485.6 8366.6 9373.9 10677.8 10935.7 11319.7 11751.1 12145.8 12450.8 12765.5 13033.1 9

10 Consumer credit 1899.6 2013.0 2117.0 2233.9 2215.8 2240.1 2288.1 2325.3 2293.9 2328.8 2386.2 10

 Memo:

 Selected claims not included above:

11 Corporate equities 15310.6 11900.5 15618.5 17389.3 17002.3 17185.9 17914.7 18277.0 19140.8 18668.9 19306.3 11

12 Mutual fund shares 4135.4 3638.4 4654.2 5436.3 5471.6 5595.7 5874.4 6048.9 6464.1 6420.0 6625.8 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) 29257.9 31726.6 34614.0 37703.7 38372.8 39181.3 39941.3 41041.4 41891.5 42712.0 43467.4 1

 2 Official foreign exchange 46.8 55.8 62.3 62.2 56.3 54.3 52.0 45.9 46.0 48.3 46.5 2

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

 4 Treasury currency 24.5 25.5 26.0 26.7 26.9 27.2 27.4 27.5 27.6 27.8 28.1 4

 5 Foreign deposits 810.1 831.1 867.8 957.7 1062.7 1010.0 1032.9 1044.5 1101.8 1161.7 1185.8 5

 6 Net interbank liabilities 191.4 206.0 193.3 212.2 196.6 207.6 204.3 220.3 198.1 154.5 151.3 6

 7 Checkable deposits and currency 1360.2 1351.9 1432.0 1521.8 1499.7 1514.6 1481.9 1525.0 1508.6 1538.5 1493.4 7

 8 Small time and savings deposits 3370.5 3695.9 4001.7 4284.6 4376.0 4408.5 4523.7 4599.4 4688.7 4733.0 4791.4 8

 9 Large time deposits 1121.0 1171.0 1232.8 1504.9 1575.4 1637.1 1738.0 1776.0 1876.1 1949.0 2053.7 9

10 Money market fund shares 2240.6 2223.9 2016.4 1879.8 1841.0 1831.5 1876.7 2006.9 2014.1 2067.4 2166.5 10

11 Security RPs 1233.7 1340.3 1567.5 1650.7 1782.8 1911.3 1983.9 2005.6 2127.7 2221.8 2371.4 11

12 Mutual fund shares 4135.4 3638.4 4654.2 5436.3 5471.6 5595.7 5874.4 6048.9 6464.1 6420.0 6625.8 12

13 Security credit 825.9 738.8 871.3 1037.9 1051.5 1064.5 1068.0 1030.2 1105.2 1147.9 1180.7 13

14 Life insurance reserves 880.0 920.9 1013.2 1060.4 1059.4 1067.2 1077.7 1082.6 1091.6 1092.6 1103.1 14

15 Pension fund reserves 8766.4 8068.0 9672.7 10636.8 10461.7 10666.5 10954.2 11176.7 11393.8 11271.4 11633.8 15

16 Trade payables 2372.3 2460.2 2485.2 2674.6 2721.6 2783.4 2867.6 2914.2 2950.5 3030.0 3087.5 16

17 Taxes payable 219.2 241.4 240.5 268.1 285.0 287.7 295.8 295.7 311.6 311.8 321.1 17

18 Miscellaneous 11281.6 11976.1 12431.7 13877.4 13895.1 14106.8 13878.6 13982.4 13807.0 13807.1 14043.7 18

19 Total liabilities 68139.7 70674.1 77384.5 84798.0 85738.2 87357.6 88880.3 90825.3 92606.1 93697.0 95753.3 19

 + Financial assets not included in

 liabilities:

20 Gold and SDRs 21.8 23.2 23.7 24.6 22.6 22.3 19.3 19.3 19.4 19.7 19.7 20

21 Corporate equities 15310.6 11900.5 15618.5 17389.3 17002.3 17185.9 17914.7 18277.0 19140.8 18668.9 19306.3 21

22 Household equity in noncorp. bus. 4805.7 4970.0 5399.6 5957.7 6133.1 6357.7 6555.0 6739.9 6942.3 7055.0 7140.9 22

 - Liabilities not identified as assets:

23 Treasury currency -8.6 -9.1 -9.5 -9.7 -9.6 -9.4 -9.0 -9.1 -10.3 -10.2 -10.0 23

24 Foreign deposits 630.9 652.5 705.9 767.9 864.1 803.3 808.9 813.2 873.9 941.0 972.1 24

25 Net interbank transactions 11.1 15.5 12.6 27.3 35.7 23.3 27.5 38.5 44.0 44.4 45.5 25

26 Security RPs 390.6 426.6 402.6 258.8 361.1 427.7 413.5 389.8 461.9 551.3 636.6 26

27 Taxes payable 93.3 126.3 69.3 96.2 91.9 97.0 80.8 95.4 93.1 74.3 56.7 27

28 Miscellaneous -3450.2 -3269.9 -3026.9 -2878.7 -3117.5 -3104.3 -3451.4 -3378.6 -3599.6 -3853.0 -3827.7 28

 - Floats not included in assets:

29 Checkable deposits: Federal govt. -12.3 -11.7 -17.9 11.2 4.9 1.7 2.8 1.8 1.5 1.5 2.7 29

30 Other 21.6 20.9 20.8 20.6 16.4 19.6 12.4 20.6 16.4 19.7 12.4 30

31 Trade credit -140.5 25.3 64.9 58.9 -3.5 -34.9 -19.6 39.7 -11.3 -29.3 -24.8 31

32 Totals identified to sectors as assets 90742.0 89591.5 100204.4 109817.1 110652.5 112699.3 115503.3 117850.0 120838.9 121700.8 124356.7 32
Z.1, December 7, 2006 61

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

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 28213.4 25831.4 29964.5 32586.0 32468.5 32863.5 33665.4 34468.4 35455.4 35234.3 35951.2 1

 2 Foreign deposits 48.7 49.9 52.1 57.5 63.8 60.7 62.0 62.7 66.2 69.8 72.6 2

 3 Checkable deposits and currency 532.8 533.3 479.2 539.7 582.7 563.8 518.6 559.6 554.1 547.9 541.3 3

 4 Time and savings deposits 3586.9 3925.4 4304.3 4716.8 4891.1 4942.7 5096.1 5158.0 5319.3 5359.3 5489.3 4

 5 Money market fund shares 1172.2 1131.3 1012.9 965.0 934.0 932.0 955.9 1028.2 1029.6 1066.7 1116.0 5

 6 Securities 11149.7 9064.2 11127.8 11968.7 11797.6 11872.9 12169.5 12529.6 13043.2 12778.8 12902.3 6

 7 Open market paper 97.3 110.4 105.9 136.1 137.4 151.7 158.6 164.2 169.3 175.8 181.3 7

 8 U.S. savings bonds 190.3 194.9 203.8 204.4 204.2 204.2 203.6 205.1 205.9 205.2 203.6 8

 9 Other Treasury securities 297.5 136.0 281.7 410.3 413.8 362.1 355.4 402.0 535.3 493.0 440.0 9

10 Agency- and GSE-backed securities 402.6 243.9 388.5 435.3 418.4 486.5 592.9 638.8 634.5 641.0 678.6 10

11 Municipal securities 584.6 682.0 710.4 744.1 758.9 792.5 803.6 819.6 821.5 857.5 858.9 11

12 Corporate and foreign bonds 466.4 740.3 739.0 712.6 668.4 697.6 573.5 687.0 620.5 605.5 562.2 12

13 Corporate equities (2) 6376.8 4536.2 5613.1 5715.2 5485.9 5396.7 5489.5 5491.6 5551.9 5296.4 5341.5 13

14 Mutual fund shares 2734.2 2420.5 3085.4 3610.7 3710.5 3781.7 3992.5 4121.4 4504.3 4504.4 4636.2 14

15 Private life insurance reserves 842.2 881.6 972.7 1018.8 1017.8 1025.2 1035.6 1039.9 1048.9 1049.2 1059.7 15

16 Private insured pension reserves 1558.5 1604.9 1803.2 2027.9 2055.9 2099.5 2152.2 2197.4 2281.9 2287.2 2345.0 16

17 Private noninsured pension reserves 4094.7 3589.2 4517.2 4965.5 4803.5 4920.7 5066.5 5159.5 5205.5 5107.3 5262.4 17

18 Govt. insurance and pension reserves 3151.0 2913.2 3392.8 3685.1 3643.8 3688.3 3777.5 3862.5 3949.1 3920.2 4069.9 18

19 Miscellaneous and other assets 2076.8 2138.4 2302.2 2641.1 2678.3 2757.7 2831.4 2871.0 2957.6 3047.8 3092.8 19

20 Total liabilities 11100.8 12089.0 13220.5 14791.3 15049.6 15498.0 15962.6 16406.2 16736.6 17108.1 17475.9 20

21 Mortgage debt on nonfarm homes 5623.3 6356.6 7155.7 8221.2 8421.0 8719.3 9060.3 9349.4 9580.8 9812.3 9993.9 21

22 Other mortgage debt (3) 1358.0 1463.2 1606.5 1772.3 1813.1 1875.6 1937.5 2012.6 2063.1 2120.8 2178.1 22

23 Consumer credit 1899.6 2013.0 2117.0 2233.9 2215.8 2240.1 2288.1 2325.3 2293.9 2328.8 2386.2 23

24 Policy loans 105.0 106.0 105.2 106.8 106.4 107.1 106.8 107.6 108.3 109.8 109.3 24

25 Security credit 196.4 148.2 182.5 264.0 266.1 263.5 258.0 232.3 249.5 243.8 254.3 25

26 Other liabilities (3) 1918.5 2002.0 2053.5 2193.1 2227.2 2292.3 2311.8 2379.1 2441.0 2492.6 2554.1 26

(1) Combined statement for household sector, nonfarm noncorporate business, and farm 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).

(3) Includes corporate farms.
62 Z.1, December 7, 2006

L.100 Households and Nonprofit Organizations (1)

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 31366.8 29067.5 33541.1 36443.8 36447.8 36984.7 37900.2 38802.3 39925.4 39768.9 40516.1 1

 2 Deposits 4842.3 5121.7 5290.1 5633.9 5809.5 5811.2 5919.5 6068.2 6208.2 6267.6 6425.5 2

 3 Foreign deposits 48.7 49.9 52.1 57.5 63.8 60.7 62.0 62.7 66.2 69.8 72.6 3

 4 Checkable deposits and currency 348.3 345.6 286.8 319.0 356.5 329.1 275.8 308.1 295.8 284.6 272.1 4

 5 Time and savings deposits 3332.1 3656.2 3991.3 4353.9 4518.5 4555.0 4693.9 4740.1 4889.5 4920.8 5040.8 5

 6 Money market fund shares 1113.2 1070.0 959.8 903.5 870.8 866.3 887.7 957.3 956.7 992.4 1039.9 6

 7 Credit market instruments 2117.7 2197.5 2529.6 2747.9 2707.9 2802.5 2796.7 3026.4 3098.6 3092.1 3041.0 7

 8 Open market paper 97.3 110.4 105.9 136.1 137.4 151.7 158.6 164.2 169.3 175.8 181.3 8

 9 Treasury securities 445.0 288.0 440.6 562.7 564.6 510.7 501.3 547.2 679.6 635.3 579.4 9

10 Savings bonds 190.3 194.9 203.8 204.4 204.2 204.2 203.6 205.1 205.9 205.2 203.6 10

11 Other Treasury 254.6 93.1 236.8 358.3 360.4 306.5 297.7 342.1 473.7 430.2 375.8 11

12 Agency- and GSE-backed securities 402.6 243.9 388.5 435.3 418.4 486.5 592.9 638.8 634.5 641.0 678.6 12

13 Municipal securities 581.1 678.7 707.7 740.9 755.7 789.1 800.1 816.0 817.8 853.8 855.0 13

14 Corporate and foreign bonds 466.4 740.3 739.0 712.6 668.4 697.6 573.5 687.0 620.5 605.5 562.2 14

15 Mortgages 125.4 136.2 147.9 160.2 163.4 166.9 170.3 173.3 176.9 180.6 184.5 15

16 Corporate equities (2) 6376.8 4536.2 5613.1 5715.2 5485.9 5396.7 5489.5 5491.6 5551.9 5296.4 5341.5 16

17 Mutual fund shares 2734.2 2420.5 3085.4 3610.7 3710.5 3781.7 3992.5 4121.4 4504.3 4504.4 4636.2 17

18 Security credit 454.3 412.7 475.4 578.3 569.4 583.2 578.4 567.4 598.6 646.3 644.9 18

19 Life insurance reserves 880.0 920.9 1013.2 1060.4 1059.4 1067.2 1077.7 1082.6 1091.6 1092.6 1103.1 19

20 Pension fund reserves 8766.4 8068.0 9672.7 10636.8 10461.7 10666.5 10954.2 11176.7 11393.8 11271.4 11633.8 20

21 Equity in noncorporate business 4805.7 4970.0 5399.6 5957.7 6133.1 6357.7 6555.0 6739.9 6942.3 7055.0 7140.9 21

22 Miscellaneous assets 389.4 420.0 462.0 502.8 510.3 518.0 536.7 528.1 536.1 543.2 549.2 22

23 Total liabilities 7997.7 8783.4 9812.0 11005.4 11189.0 11520.0 11888.6 12214.2 12444.9 12726.6 12994.5 23

24 Credit market instruments 7649.4 8463.2 9451.8 10560.1 10740.9 11073.2 11447.6 11798.7 12011.6 12298.2 12555.1 24

25 Home mortgages (3) 5286.4 5970.3 6825.0 7801.6 7991.3 8275.0 8592.9 8879.3 9099.3 9321.7 9501.7 25

26 Consumer credit 1899.6 2013.0 2117.0 2233.9 2215.8 2240.1 2288.1 2325.3 2293.9 2328.8 2386.2 26

27 Municipal securities 151.3 164.2 178.3 188.6 192.4 196.7 199.1 205.1 207.3 215.4 218.3 27

28 Bank loans n.e.c. 43.5 21.0 38.8 23.1 24.4 36.8 35.3 46.8 61.9 73.9 82.8 28

29 Other loans and advances 120.3 120.6 119.0 119.4 118.8 119.3 118.8 119.4 120.0 121.5 121.2 29

30 Commercial mortgages 148.2 174.1 173.6 193.4 198.3 205.4 213.3 222.8 229.2 236.9 244.8 30

31 Security credit 196.4 148.2 182.5 264.0 266.1 263.5 258.0 232.3 249.5 243.8 254.3 31

32 Trade payables 132.9 152.0 156.8 158.8 159.3 159.8 160.3 160.8 161.3 161.8 162.3 32

 Deferred and unpaid

33 life insurance premiums 19.1 20.0 20.9 22.5 22.7 23.5 22.7 22.4 22.6 22.7 22.8 33

(1) Sector includes farm households. Supplementary tables (tables F.100.a and L.100.a) show estimates of annual flows and year-end outstandings of nonprofit organizations.

(2) Directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual funds (line 17) and life insurance and pension reserves (lines 19 and 20).

(3) Includes loans made under home equity lines of credit and home equity loans secured by junior liens, shown on table L.218, line 22.
Z.1, December 7, 2006 63

L.101 Nonfinancial Business (1)

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 11545.1 11670.8 11927.0 13029.2 13145.1 13351.0 13546.1 13749.4 13905.4 14060.7 14257.1 1

 2 Foreign deposits 15.5 20.6 38.1 53.7 55.3 53.5 57.6 73.8 64.4 71.3 70.5 2

 3 Checkable deposits and currency 366.5 334.7 391.1 385.3 369.7 380.8 385.5 378.8 369.6 328.0 295.8 3

 4 Time and savings deposits 535.8 560.5 675.8 783.3 808.7 807.6 833.1 884.0 898.6 897.7 903.9 4

 5 Money market fund shares 360.9 391.1 344.3 380.5 379.6 388.0 403.0 425.7 431.0 449.8 479.1 5

 6 Security RPs 4.0 6.2 6.0 6.4 6.2 8.5 11.6 14.9 10.6 12.1 17.2 6

 7 Credit market instruments 316.7 341.8 339.8 387.0 382.9 390.7 407.3 430.9 433.0 440.5 459.6 7

 8 Commercial paper 60.2 64.8 75.7 95.0 88.0 87.4 98.0 106.8 106.5 113.2 126.1 8

 9 Treasury securities 59.7 74.2 77.6 85.0 86.2 90.8 90.2 96.8 96.6 95.7 98.3 9

10 Agency- and GSE-backed securities 17.5 16.9 12.1 12.2 12.1 13.0 12.0 13.7 12.9 12.2 12.6 10

11 Municipal securities 32.8 35.5 38.1 38.2 38.8 35.9 36.7 36.2 38.3 38.2 37.3 11

12 Mortgages 73.4 75.7 77.8 98.1 102.9 108.2 113.4 118.8 123.8 128.6 133.5 12

13 Consumer credit 73.1 74.7 58.5 58.5 54.8 55.3 56.9 58.6 54.9 52.6 51.9 13

14 Mutual fund shares 112.5 94.6 124.8 139.8 139.8 143.3 151.2 156.3 165.3 164.3 170.2 14

15 Trade receivables 2161.8 2082.5 2040.9 2220.3 2320.9 2399.4 2457.1 2434.6 2513.5 2596.3 2636.1 15

16 Miscellaneous assets 7671.3 7838.9 7966.1 8672.9 8682.0 8779.1 8839.6 8950.4 9019.3 9100.8 9224.7 16

17 Total liabilities 12912.5 13228.4 13275.8 14133.0 14283.9 14457.0 14561.0 14698.9 14808.0 14930.7 15071.9 17

18 Credit market instruments 6879.8 7051.3 7266.3 7695.1 7806.5 7972.1 8116.6 8292.4 8467.8 8670.3 8814.7 18

19 Commercial paper 177.9 119.9 84.8 101.6 115.3 114.4 119.6 93.8 100.4 115.4 114.2 19

20 Municipal securities 157.7 160.8 164.2 169.4 170.4 172.1 173.6 176.7 177.1 179.0 179.7 20

21 Corporate bonds 2578.0 2710.3 2868.6 2946.3 2954.9 2962.4 2987.3 3006.2 3059.6 3111.4 3141.3 21

22 Bank loans n.e.c. 1195.9 1111.9 1048.7 1076.9 1094.0 1133.8 1148.5 1190.2 1231.1 1251.1 1285.4 22

23 Other loans and advances 804.9 819.9 826.7 846.5 859.9 888.9 886.6 923.4 924.5 957.3 959.8 23

24 Mortgages 1965.5 2128.5 2273.2 2554.3 2612.1 2700.5 2801.0 2902.2 2975.1 3056.1 3134.3 24

25 Trade payables 1714.0 1760.3 1681.8 1812.3 1847.3 1892.2 1952.7 1990.9 2018.6 2064.4 2109.7 25

26 Taxes payable 149.7 163.1 151.0 165.3 178.4 179.1 182.9 178.7 189.9 186.3 191.2 26

27 Miscellaneous liabilities 4169.0 4253.7 4176.8 4460.3 4451.6 4413.6 4308.8 4237.0 4131.7 4009.7 3956.2 27

(1) Combined statement for nonfarm nonfinancial corporate business, nonfarm noncorporate business, and farm business.
64 Z.1, December 7, 2006

L.102 Nonfarm Nonfinancial Corporate Business

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 9898.9 9941.8 10108.8 10933.7 10996.1 11119.4 11231.1 11348.0 11439.5 11546.7 11686.8 1

 2 Foreign deposits 15.5 20.6 38.1 53.7 55.3 53.5 57.6 73.8 64.4 71.3 70.5 2

 3 Checkable deposits and currency 181.9 147.0 198.7 164.6 143.4 146.2 142.8 127.3 111.3 64.7 26.7 3

 4 Time and savings deposits 281.1 291.3 362.8 420.5 436.1 420.0 430.9 466.0 468.8 459.2 455.4 4

 5 Money market fund shares 301.9 329.7 291.2 319.0 316.4 322.3 334.8 354.8 358.1 375.4 403.1 5

 6 Security RPs 4.0 6.2 6.0 6.4 6.2 8.5 11.6 14.9 10.6 12.1 17.2 6

 7 Commercial paper 60.2 64.8 75.7 95.0 88.0 87.4 98.0 106.8 106.5 113.2 126.1 7

 8 Treasury securities 16.9 31.4 32.8 33.0 32.8 35.3 32.6 36.9 35.0 32.9 34.0 8

 9 Agency- and GSE-backed securities 17.5 16.9 12.1 12.2 12.1 13.0 12.0 13.7 12.9 12.2 12.6 9

10 Municipal securities 29.3 32.1 35.4 35.0 35.6 32.6 33.2 32.6 34.6 34.4 33.4 10

11 Mortgages 46.6 49.6 51.8 67.9 71.9 76.0 80.0 84.0 88.1 92.1 96.2 11

12 Consumer credit 73.1 74.7 58.5 58.5 54.8 55.3 56.9 58.6 54.9 52.6 51.9 12

13 Trade receivables 1817.9 1719.6 1702.4 1827.8 1917.9 1980.1 2022.1 1982.5 2048.6 2122.0 2151.0 13

14 Mutual fund shares 112.5 94.6 124.8 139.8 139.8 143.3 151.2 156.3 165.3 164.3 170.2 14

15 Miscellaneous assets 6940.5 7063.3 7118.5 7700.2 7685.6 7746.0 7767.3 7839.7 7880.3 7940.2 8038.6 15

16 U.S. direct investment abroad (1) 1462.7 1583.9 1723.9 1998.2 2020.3 2059.5 2028.9 2048.4 2106.4 2150.1 2198.2 16

17 Insurance receivables 200.8 218.2 236.6 255.5 258.3 262.0 272.7 276.2 277.3 280.3 282.0 17

18 Equity in GSEs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

19 Investment in finance company subs. 100.1 124.8 138.6 179.9 178.3 181.7 187.3 156.1 159.1 163.3 167.9 19

20 Other 5176.9 5136.4 5019.4 5266.6 5228.8 5242.7 5278.4 5359.0 5337.5 5346.5 5390.5 20

21 Total liabilities 9809.5 9922.8 9867.4 10347.1 10423.3 10479.0 10487.0 10506.9 10516.4 10549.1 10590.4 21

22 Credit market instruments 4729.1 4744.6 4855.5 5033.2 5094.4 5167.8 5227.8 5312.4 5409.6 5535.4 5609.1 22

23 Commercial paper 177.9 119.9 84.8 101.6 115.3 114.4 119.6 93.8 100.4 115.4 114.2 23

24 Municipal securities (2) 157.7 160.8 164.2 169.4 170.4 172.1 173.6 176.7 177.1 179.0 179.7 24

25 Corporate bonds (1) 2578.0 2710.3 2868.6 2946.3 2954.9 2962.4 2987.3 3006.2 3059.6 3111.4 3141.3 25

26 Bank loans n.e.c. 743.7 635.5 561.6 576.2 587.7 608.3 615.3 638.4 662.5 671.8 689.9 26

27 Other loans and advances 653.1 665.0 666.5 683.7 698.6 724.7 722.6 755.1 750.3 776.1 775.3 27

28 Savings institutions 21.5 23.1 28.1 28.8 28.2 30.4 29.7 30.8 31.2 33.0 34.0 28

29 Finance companies 396.2 399.6 397.6 406.4 403.1 410.1 405.9 431.3 434.5 446.8 440.6 29

30 Federal government 7.4 7.0 7.8 8.3 8.4 8.6 8.8 9.0 9.3 9.5 9.7 30

31 Acceptance liabilities to banks 4.1 4.4 4.2 3.8 3.8 3.9 4.0 3.8 0.5 0.5 0.5 31

32 Rest of the world 115.7 125.8 125.0 131.2 148.2 172.0 179.1 191.8 185.6 195.7 203.5 32

33 ABS issuers 108.3 105.0 103.9 105.3 107.0 99.7 95.0 88.5 89.2 90.7 86.9 33

34 Mortgages 418.7 453.1 509.6 556.0 567.6 585.9 609.4 642.3 659.7 681.7 708.7 34

35 Trade payables 1437.7 1457.4 1402.7 1504.3 1533.9 1570.6 1623.0 1652.5 1669.6 1706.5 1742.2 35

36 Taxes payable 81.0 93.0 81.2 88.0 99.7 98.1 99.7 93.1 102.5 97.6 101.0 36

37 Miscellaneous liabilities 3561.7 3627.9 3528.0 3721.6 3695.3 3642.6 3536.6 3448.9 3334.6 3209.6 3138.0 37

38 Foreign direct investment in U.S. 1232.6 1167.7 1192.6 1238.1 1251.5 1248.2 1249.1 1309.6 1340.5 1352.1 1354.2 38

39 Pension fund contributions payable 48.4 49.9 49.8 46.6 45.5 43.9 46.2 44.8 44.3 43.8 43.3 39

40 Other 2280.7 2410.3 2285.6 2436.8 2398.3 2350.5 2241.2 2094.5 1949.9 1813.8 1740.5 40

 Memo:

41 Trade receivables net of payables 380.2 262.2 299.7 323.5 383.9 409.6 399.1 330.0 379.0 415.5 408.8 41

42 Market value of equities 10804.8 7839.3 10043.6 10807.0 10608.8 10610.9 10984.0 10876.3 11255.9 10780.1 11009.0 42

43 Securities and mortgages 3154.4 3324.1 3542.4 3671.6 3692.8 3720.4 3770.3 3825.2 3896.4 3972.1 4029.7 43

44 Loans and short-term paper 1574.7 1420.5 1313.0 1361.5 1401.6 1447.3 1457.5 1487.2 1513.2 1563.3 1579.4 44

45 Total short-term liabilities (3) 3093.4 2970.9 2796.9 2953.8 3035.2 3116.0 3180.2 3232.8 3285.4 3367.4 3422.7 45

46 Total liquid assets (4) 1020.8 1034.6 1177.7 1279.2 1265.9 1262.1 1304.7 1383.1 1367.6 1339.7 1349.2 46

 Analytical measures (percent)

47 Long-term debt/credit market debt 66.7 70.1 73.0 72.9 72.5 72.0 72.1 72.0 72.0 71.8 71.8 47

48 Short-term debt/credit market debt 33.3 29.9 27.0 27.1 27.5 28.0 27.9 28.0 28.0 28.2 28.2 48

49 Liquid assets/short-term liabilities 33.0 34.8 42.1 43.3 41.7 40.5 41.0 42.8 41.6 39.8 39.4 49

(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 (except mortgages), short-term paper, taxes payable, and trade payables. Includes loans due in more than one year and excludes current maturities of bonds and mortgages.

(4) Sum of lines 2 through 10, plus line 14.
Z.1, December 7, 2006 65

L.103 Nonfarm Noncorporate Business

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 1578.8 1657.0 1741.0 2012.7 2065.5 2147.0 2227.7 2313.0 2377.0 2424.1 2479.1 1

 2 Checkable deposits and currency 164.5 167.1 171.2 198.5 203.8 212.0 220.0 228.6 235.1 239.8 245.3 2

 3 Time and savings deposits 254.7 269.2 313.0 362.8 372.6 387.6 402.2 417.9 429.8 438.4 448.5 3

 4 Money market fund shares 59.0 61.3 53.1 61.5 63.2 65.7 68.2 70.9 72.9 74.4 76.1 4

 5 Treasury securities 42.8 42.8 44.9 52.0 53.4 55.6 57.6 59.9 61.6 62.8 64.3 5

 6 Municipal securities 3.5 3.4 2.7 3.1 3.2 3.3 3.5 3.6 3.7 3.8 3.9 6

 7 Mortgages 26.8 26.2 26.0 30.2 31.0 32.2 33.4 34.7 35.7 36.5 37.3 7

 8 Consumer credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Trade receivables 343.9 362.8 338.6 392.5 403.0 419.3 435.1 452.1 464.9 474.2 485.1 9

10 Miscellaneous assets 683.6 724.2 791.5 912.1 935.3 971.1 1007.7 1045.3 1073.3 1094.2 1118.7 10

11 Insurance receivables 48.3 52.5 56.9 60.5 61.1 62.0 64.5 65.3 65.6 66.3 67.3 11

12 Equity investment in GSEs (1) 1.8 1.8 2.1 2.4 2.1 1.9 1.8 1.8 1.8 1.8 1.8 12

13 Other 633.5 670.0 732.6 849.2 872.1 907.3 941.4 978.2 1005.9 1026.1 1049.6 13

14 Total liabilities 2889.7 3083.7 3178.3 3543.4 3621.1 3730.8 3820.2 3937.5 4030.1 4106.5 4195.0 14

15 Credit market instruments 1958.7 2106.7 2203.2 2442.8 2495.9 2580.2 2658.0 2748.3 2823.4 2890.6 2953.8 15

16 Bank loans n.e.c. 405.3 430.4 441.5 453.0 462.0 478.2 483.7 501.8 520.8 528.1 542.4 16

17 Other loans and advances 124.6 126.5 131.7 133.2 132.4 133.7 131.1 134.5 137.6 142.8 145.0 17

18 Mortgages 1428.8 1549.8 1629.9 1856.7 1901.5 1968.3 2043.3 2111.9 2165.0 2219.7 2266.4 18

19 Trade payables 255.0 281.0 256.5 284.6 290.1 298.5 306.7 315.6 322.3 327.1 332.8 19

20 Taxes payable 68.7 70.2 69.7 77.3 78.7 81.0 83.2 85.6 87.4 88.7 90.2 20

21 Miscellaneous liabilities 607.3 625.9 648.8 738.7 756.4 771.0 772.2 788.1 797.0 800.1 818.2 21

(1) Equity in the Farm Credit System.

L.104 Farm Business (1)

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

 1 Total financial assets 67.3 71.9 77.3 82.9 83.6 84.6 87.3 88.3 88.9 89.9 91.2 1

 2 Checkable deposits and currency 20.0 20.6 21.2 22.3 22.4 22.6 22.8 22.9 23.2 23.5 23.8 2

 3 Miscellaneous assets 47.3 51.4 56.0 60.6 61.1 62.0 64.6 65.4 65.7 66.4 67.4 3

 4 Insurance receivables 45.3 49.3 53.5 57.9 58.5 59.3 61.8 62.5 62.8 63.5 64.4 4

 5 Equity investment in GSEs (2) 2.0 2.1 2.5 2.7 2.6 2.6 2.8 2.8 2.9 2.9 3.0 5

 6 Total liabilities 213.4 221.9 230.2 242.6 239.5 247.2 253.8 254.5 261.5 275.0 286.5 6

 7 Credit market instruments 192.1 200.0 207.6 219.1 216.2 224.1 230.8 231.7 234.8 244.3 251.8 7

 8 Bank loans n.e.c. 46.9 46.0 45.5 47.7 44.3 47.2 49.5 50.0 47.8 51.2 53.1 8

 9 Other loans and advances 27.3 28.4 28.5 29.6 29.0 30.6 32.9 33.8 36.6 38.4 39.6 9

10 Mortgages 118.0 125.6 133.6 141.7 143.0 146.2 148.3 147.9 150.5 154.7 159.1 10

11 Trade payables 21.3 21.9 22.6 23.5 23.3 23.1 22.9 22.8 26.7 30.7 34.7 11

(1) Corporate and noncorporate farms.

(2) Equity in the Farm Credit System.
66 Z.1, December 7, 2006

L.105 State and Local Governments (1)

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 1748.2 1799.9 1908.2 2015.3 2051.9 2086.0 2132.0 2163.3 2178.7 2207.0 2244.2 1

 2 Checkable deposits and currency 36.3 41.5 44.9 40.3 49.5 50.1 40.5 48.8 47.4 45.9 44.9 2

 3 Time and savings deposits 129.8 138.7 146.7 153.6 168.6 168.2 174.5 183.1 185.9 188.3 196.1 3

 4 Money market fund shares 57.1 58.7 62.7 66.1 66.8 67.0 68.0 68.7 69.3 70.0 71.5 4

 5 Security RPs 131.9 115.6 123.5 130.2 131.4 131.9 133.8 135.3 136.4 137.9 140.7 5

 6 Credit market instruments 981.2 1067.4 1125.6 1190.2 1218.7 1244.9 1273.7 1290.7 1293.9 1312.8 1330.5 6

 7 Open market paper 136.9 151.3 161.6 170.4 172.1 172.7 175.2 177.1 178.6 180.6 184.3 7

 8 Treasury securities 328.4 354.7 364.2 387.4 408.0 431.5 448.4 456.2 456.5 466.2 468.0 8

 9 Agency- and GSE-backed securities 287.0 328.8 351.2 370.3 374.0 375.2 380.7 384.9 385.1 389.4 397.4 9

10 Municipal securities 4.0 4.1 4.4 4.6 4.7 4.7 4.7 4.8 4.8 4.9 5.0 10

11 Corporate and foreign bonds 95.1 104.2 111.3 117.3 118.5 118.9 120.6 122.0 122.0 123.3 125.9 11

12 Mortgages 129.7 124.4 132.9 140.1 141.5 142.0 144.0 145.6 146.8 148.4 150.0 12

13 Corporate equities 88.0 79.3 84.7 89.3 90.2 90.5 91.8 92.8 93.6 94.6 96.5 13

14 Mutual fund shares 28.1 24.3 25.9 27.3 27.6 27.7 28.1 28.4 28.6 28.9 29.5 14

15 Trade receivables 115.9 118.4 126.5 133.4 134.7 135.2 137.2 138.7 139.8 141.3 144.2 15

16 Taxes receivable 46.1 50.8 68.4 89.0 97.7 107.7 116.7 126.4 139.0 155.6 170.3 16

17 Miscellaneous assets 133.9 105.4 99.3 96.0 66.8 63.0 67.8 50.6 44.8 31.6 19.9 17

18 Total liabilities 1665.3 1837.6 1987.0 2133.1 2191.3 2242.0 2288.5 2337.7 2373.4 2423.4 2461.0 18

19 Credit market instruments 1303.4 1447.3 1567.6 1682.8 1732.9 1775.5 1813.5 1854.1 1881.0 1922.0 1950.4 19

20 Municipal securities 1294.5 1437.9 1557.9 1673.0 1723.0 1765.4 1803.4 1843.8 1870.5 1911.3 1939.5 20

21 Short-term 70.5 95.7 106.1 100.2 101.9 91.4 95.7 105.9 106.9 98.8 98.2 21

22 Other 1224.0 1342.2 1451.8 1572.8 1621.1 1674.0 1707.7 1737.9 1763.7 1812.4 1841.3 22

23 U.S. government loans 8.9 9.4 9.7 9.9 9.9 10.0 10.2 10.3 10.5 10.7 10.8 23

24 Trade payables 361.9 390.3 419.5 450.3 458.3 466.5 474.9 483.6 492.4 501.5 510.6 24

(1) Data for employee retirement funds are shown in table L.119.

L.106 Federal Government

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

 1 Total financial assets 614.8 611.3 653.0 614.5 618.5 617.0 634.1 605.4 583.5 627.2 648.6 1

 2 Gold, SDRs, and official foreign exchange 43.1 51.1 55.1 54.5 47.5 46.1 40.9 35.3 35.1 36.8 35.3 2

 3 Checkable deposits and currency 66.9 47.5 54.1 21.9 20.8 33.5 34.8 36.8 8.4 45.7 51.2 3

 4 Time and savings deposits 10.5 27.6 2.4 2.4 2.4 1.7 2.1 1.4 1.5 1.6 4.8 4

 5 Credit market instruments 278.7 288.2 285.6 288.8 288.8 284.6 288.3 286.1 287.1 286.8 290.2 5

 6 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 6

 7 Other loans and advances 122.8 119.2 117.7 115.0 112.5 110.2 107.5 106.2 104.4 104.2 103.9 7

 8 Mortgages 75.8 76.3 73.8 75.4 75.7 75.8 76.8 77.8 78.2 80.0 80.8 8

 9 Consumer credit (1) 80.1 92.8 94.1 98.4 100.6 98.6 103.9 102.1 104.5 102.6 105.4 9

10 Trade receivables 35.5 32.2 51.3 61.8 62.5 67.2 69.3 70.9 69.3 71.7 70.5 10

11 Taxes receivable 79.8 64.3 102.8 82.9 95.3 83.0 98.2 74.0 79.5 81.9 94.1 11

12 Miscellaneous assets 100.3 100.3 101.7 102.3 101.2 100.9 100.6 100.9 102.6 102.8 102.5 12

13 Total liabilities 4293.9 4581.0 5084.4 5512.0 5674.0 5635.3 5729.2 5856.9 6003.3 5939.8 6001.3 13

14 SDR certificates 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 14

15 Treasury currency 24.5 25.5 26.0 26.7 26.9 27.2 27.4 27.5 27.6 27.8 28.1 15

16 Credit market instruments 3379.5 3637.0 4033.1 4395.0 4559.7 4516.8 4589.6 4701.9 4858.0 4783.2 4826.6 16

17 Savings bonds 190.3 194.9 203.8 204.4 204.2 204.2 203.6 205.1 205.9 205.2 203.6 17

18 Other Treasury securities 3162.4 3414.9 3804.4 4166.3 4331.4 4289.0 4362.4 4472.9 4628.5 4554.4 4599.6 18

19 Budget agency securities 26.8 27.3 24.9 24.3 24.1 23.7 23.6 23.8 23.6 23.6 23.4 19

20 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 20

21 Trade payables 78.0 78.8 151.4 166.2 172.1 177.1 181.3 178.6 182.8 188.9 191.7 21

22 Insurance reserves 37.8 39.4 40.5 41.6 41.6 42.0 42.1 42.7 42.8 43.3 43.5 22

23 Miscellaneous liabilities (2) 772.0 798.2 831.3 880.3 871.6 869.9 886.5 904.0 889.9 894.3 909.3 23

24 Nonmarketable securities held by pension plans 765.8 790.3 815.0 855.9 844.3 840.1 854.2 882.9 868.8 873.3 888.2 24

25 Other 6.2 7.9 16.3 24.4 27.2 29.8 32.4 21.1 21.2 21.0 21.1 25

(1) Student loans.

(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.
Z.1, December 7, 2006 67

L.107 Rest of the World

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 7309.1 7848.0 8588.8 10111.9 10428.4 10643.8 10996.3 11029.4 11374.6 11603.7 11946.3 1

 2 Net interbank assets 115.5 119.7 110.0 118.3 95.1 116.6 113.0 111.8 93.3 47.2 49.1 2

 3 U.S. checkable deposits and currency 305.7 326.6 355.5 397.9 383.0 416.9 435.4 443.3 462.1 478.1 488.1 3

 4 U.S. time deposits 120.6 152.3 143.2 216.0 168.2 233.0 258.6 257.6 282.2 337.0 363.0 4

 5 Security RPs 151.1 190.1 460.2 665.1 666.6 681.7 731.9 712.5 768.4 768.7 804.6 5

 6 Credit market instruments 3213.2 3736.8 4169.3 4981.1 5173.5 5361.2 5572.3 5672.0 5851.7 6066.1 6256.4 6

 7 Open market paper 108.4 126.6 135.8 180.6 175.3 186.0 183.4 189.2 178.1 220.9 222.5 7

 8 Treasury securities 1095.2 1285.5 1513.5 1803.5 1898.3 1929.5 1990.1 1993.8 2026.3 2029.1 2069.9 8

 9 Official 720.1 812.0 986.3 1241.3 1250.5 1267.4 1275.6 1288.9 1331.0 1322.1 1371.9 9

10 Private 375.1 473.5 527.2 562.3 647.8 662.1 714.5 704.9 695.3 706.9 698.0 10

11 Agency- and GSE-backed securities 534.7 648.0 653.1 778.3 803.7 843.0 894.7 953.1 1019.0 1077.5 1130.7 11

12 Official 126.9 158.4 200.2 258.0 281.8 301.2 319.0 360.5 384.6 415.0 437.5 12

13 Private 407.8 489.7 452.9 520.2 521.8 541.7 575.8 592.6 634.4 662.5 693.2 13

14 Municipal securities 8.0 11.5 19.5 26.0 27.0 28.0 29.0 30.0 31.0 32.0 33.0 14

15 U.S. corporate bonds (1) 1351.1 1539.4 1722.4 2061.5 2121.0 2202.7 2296.0 2314.1 2411.6 2510.9 2596.9 15

16 Loans to U.S. corporate business 115.7 125.8 125.0 131.2 148.2 172.0 179.1 191.8 185.6 195.7 203.5 16

17 U.S. corporate equities 1572.7 1335.8 1839.5 2123.3 2111.1 2127.6 2265.3 2302.6 2500.9 2485.6 2601.5 17

18 Trade receivables 41.6 44.2 45.7 44.6 47.5 50.7 52.3 52.4 55.9 60.1 62.1 18

19 Security credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

20 Miscellaneous assets 1788.8 1942.5 1465.4 1565.5 1783.5 1656.0 1567.4 1477.2 1360.2 1360.9 1321.4 20

21 Foreign direct investment in U.S. (2) 1518.5 1500.0 1577.0 1727.1 1758.2 1768.4 1815.1 1874.3 1920.1 1970.6 2018.3 21

22 Other 270.3 442.6 -111.5 -161.5 25.3 -112.3 -247.7 -397.1 -559.9 -609.7 -696.9 22

23 Total liabilities 3747.0 4282.8 4514.7 5436.2 5531.7 5628.9 5376.4 5546.2 5505.8 5660.5 5895.3 23

 U.S. official foreign exchange

24 and net IMF position 46.8 55.8 62.3 62.2 56.3 54.3 52.0 45.9 46.0 48.3 46.5 24

25 U.S. private deposits 810.1 831.1 867.8 957.7 1062.7 1010.0 1032.9 1044.5 1101.8 1161.7 1185.8 25

26 Credit market instruments 862.9 1072.3 1244.5 1424.8 1439.5 1462.0 1482.6 1466.0 1498.3 1519.6 1624.1 26

27 Commercial paper 196.0 254.2 267.1 329.9 332.3 336.2 355.0 368.4 389.0 370.1 433.6 27

28 Bonds 557.1 705.2 874.4 993.0 1003.3 1024.4 1026.5 987.5 1000.2 1035.0 1079.1 28

29 Bank loans n.e.c. 63.2 68.6 60.9 63.3 66.3 65.0 66.3 76.2 78.1 85.1 83.8 29

30 Official 4.3 5.1 4.6 5.5 5.7 5.2 2.8 2.6 2.2 2.6 2.3 30

31 Banks 5.9 5.1 3.7 6.5 6.8 6.4 8.9 9.6 9.1 11.0 9.7 31

32 Other 53.1 58.4 52.7 51.4 53.8 53.4 54.7 64.0 66.8 71.6 71.8 32

33 U.S. government loans 46.1 44.1 42.0 38.3 37.4 36.2 34.4 33.7 30.8 29.2 27.3 33

34 Acceptance liabilities to banks 0.5 0.2 0.2 0.3 0.3 0.2 0.3 0.2 0.2 0.2 0.2 34

35 Trade payables 46.4 41.4 47.5 51.0 49.6 52.6 53.1 57.3 59.5 64.5 69.9 35

36 Security debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

37 Miscellaneous liabilities 1980.8 2282.0 2292.7 2940.5 2923.6 3049.9 2755.9 2932.4 2800.2 2866.4 2969.0 37

38 U.S. equity in IBRD, etc. 37.1 38.6 40.0 42.0 42.3 42.7 43.0 43.2 45.1 45.3 45.6 38

39 U.S. government deposits 2.5 2.6 2.8 2.8 0.7 0.6 0.6 0.6 0.6 0.6 0.6 39

40 U.S. direct investment abroad (1,2) 1693.1 1867.0 2059.9 2399.2 2433.8 2472.7 2448.5 2453.9 2521.1 2572.9 2633.5 40

41 Other 248.1 373.8 190.0 496.6 446.7 533.9 263.9 434.7 233.5 247.7 289.3 41

 Memo:

42 Market value of foreign equities 1612.7 1374.7 2079.4 2560.4 2594.3 2588.2 2911.1 3086.5 3397.1 3406.2 3524.3 42

 held by U.S. residents (3)

(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) Includes American Depositary Receipts (ADRs).
68 Z.1, December 7, 2006

L.108 Monetary Authority (1)

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 683.0 753.6 796.9 841.3 834.7 845.7 849.0 878.7 872.8 885.8 878.6 1

 2 Gold and foreign exchange 25.5 27.9 30.8 32.3 31.5 30.5 30.3 29.9 30.3 31.1 30.9 2

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

 4 Treasury currency 33.0 34.6 35.5 36.4 36.5 36.6 36.4 36.5 37.9 38.0 38.1 4

 5 Federal Reserve float -0.0 0.4 -0.3 0.9 -1.4 -1.0 -0.3 0.9 -0.9 -1.0 -1.1 5

 6 Fed. Res. loans to domestic banks 0.0 0.0 0.1 0.0 0.1 0.2 0.9 0.1 0.6 0.3 0.3 6

 7 Security RPs 50.3 39.5 43.8 33.0 31.0 34.5 25.8 46.8 26.8 31.3 21.5 7

 8 Credit market instruments 551.7 629.4 666.7 717.8 717.3 724.7 736.4 744.2 758.5 766.4 768.9 8

 9 Acceptances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

10 Treasury securities 551.7 629.4 666.7 717.8 717.3 724.7 736.4 744.2 758.5 766.4 768.9 10

11 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 11

12 Bank loans n.e.c. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

13 Miscellaneous assets 20.3 19.6 18.2 18.6 17.5 17.9 17.3 18.1 17.5 17.6 17.8 13

14 Total liabilities 675.7 745.3 788.0 829.7 822.7 832.8 835.2 865.8 858.4 870.8 863.3 14

15 Depository institution reserves 17.5 22.5 23.1 24.0 25.0 23.1 21.9 19.0 21.0 21.0 17.3 15

16 Vault cash of commercial banks 47.3 47.8 47.9 41.5 42.1 45.3 41.2 50.1 40.0 42.6 40.1 16

17 Checkable deposits and currency 603.1 644.6 682.5 719.7 718.2 724.1 730.1 748.8 754.6 760.4 756.3 17

18 Due to federal government 7.1 4.8 6.0 6.2 5.5 4.6 4.6 4.8 5.7 5.7 5.6 18

19 Due to rest of the world 0.1 0.1 0.2 0.1 0.2 0.2 0.2 0.1 0.1 0.2 0.1 19

20 Currency outside banks 596.0 639.7 676.3 713.3 712.5 719.4 725.3 743.9 748.8 754.5 750.5 20

21 Miscellaneous liabilities 7.7 30.3 34.5 44.4 37.4 40.2 42.0 47.8 42.8 46.8 49.6 21

22 Federal Reserve Bank stock 7.4 8.4 8.8 11.9 12.6 12.9 13.3 13.5 13.8 15.0 15.1 22

23 Other 0.4 21.9 25.7 32.5 24.9 27.3 28.7 34.3 29.1 31.8 34.5 23

(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.
Z.1, December 7, 2006 69

L.109 Commercial Banking (1)

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 6829.1 7329.4 7843.3 8563.6 8794.8 9012.1 9237.1 9324.1 9510.9 9763.4 9802.9 1

 2 Vault cash 47.3 47.8 47.9 41.5 42.1 45.3 41.2 50.1 40.0 42.6 40.1 2

 3 Reserves at Federal Reserve 15.2 19.7 19.7 20.8 22.1 20.1 19.0 16.3 18.5 18.5 15.1 3

 4 Checkable deposits and currency 2.8 2.5 2.5 3.5 3.6 3.8 3.3 3.0 2.7 2.6 2.5 4

 5 Total bank credit 5411.3 5811.4 6202.0 6772.8 6993.3 7159.9 7352.1 7457.4 7667.7 7889.0 7962.6 5

 6 Treasury securities 162.7 205.8 132.9 110.1 126.0 109.8 108.9 97.1 97.0 101.1 97.3 6

 7 Agency- and GSE-backed securities 777.4 917.9 999.5 1096.4 1120.2 1104.4 1090.6 1089.6 1128.2 1168.7 1106.5 7

 8 Municipal securities 120.2 121.7 132.5 140.8 145.3 147.8 153.7 157.7 160.3 161.7 168.8 8

 9 Corporate and foreign bonds 363.1 359.9 482.5 559.7 623.7 670.2 699.1 686.2 710.0 744.6 750.6 9

10 Total loans 3957.8 4183.0 4422.6 4827.6 4942.0 5091.1 5259.2 5385.5 5526.8 5667.6 5788.8 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 Bank loans n.e.c. 1424.3 1344.2 1283.9 1332.4 1353.5 1398.9 1423.9 1491.4 1547.3 1583.0 1623.7 12

13 Mortgages 1789.8 2058.3 2255.8 2595.3 2689.4 2790.5 2895.4 2956.6 3024.9 3132.0 3172.9 13

14 Consumer credit 568.4 602.6 669.4 704.3 683.1 684.0 708.2 707.0 697.5 694.7 710.6 14

15 Security credit 175.2 177.9 213.5 195.6 216.1 217.8 231.6 230.4 257.1 257.8 281.6 15

16 Corporate equities 8.9 3.5 15.1 20.3 19.4 20.9 23.4 24.0 28.1 26.8 29.3 16

17 Mutual fund shares 21.3 19.6 17.1 18.0 16.6 15.6 17.3 17.3 17.3 18.4 21.3 17

18 Customers’ liab. on acceptances (2) 4.6 4.6 4.4 4.0 4.0 4.1 4.3 4.0 0.7 0.7 0.7 18

19 Miscellaneous assets 1347.9 1443.4 1566.8 1720.9 1729.7 1778.9 1817.1 1793.2 1781.2 1809.9 1782.1 19

20 Total liabilities 6770.4 7330.8 7835.6 8608.7 8813.3 9028.3 9163.9 9268.8 9456.6 9691.9 9794.7 20

21 Net interbank liabilities 126.6 135.7 122.3 146.6 129.5 139.2 141.2 151.2 137.1 90.9 93.9 21

22 To monetary authority 0.0 0.5 -0.3 1.0 -1.4 -0.7 0.6 1.0 -0.3 -0.7 -0.8 22

23 To domestic banks (3) 11.1 15.5 12.6 27.3 35.7 23.3 27.5 38.5 44.0 44.4 45.5 23

24 To foreign banks 115.5 119.7 110.0 118.3 95.1 116.6 113.0 111.8 93.3 47.2 49.1 24

25 Checkable deposits 628.8 571.5 602.4 647.0 622.6 631.3 588.1 610.1 584.4 606.7 574.2 25

26 Federal government 47.5 31.1 30.2 26.9 20.2 30.6 33.0 33.9 4.2 41.5 48.3 26

27 Rest of the world 25.8 25.2 37.4 65.0 49.0 79.3 92.7 91.0 107.9 122.7 131.6 27

28 Private domestic 555.6 515.3 534.8 555.0 553.4 521.4 462.5 485.2 472.3 442.6 394.3 28

29 Small time and savings deposits 2478.1 2747.6 2977.9 3259.7 3338.4 3367.7 3466.3 3528.3 3583.2 3612.3 3649.1 29

30 Large time deposits 918.1 915.3 934.1 1120.4 1177.8 1221.5 1312.7 1350.2 1436.6 1507.7 1593.1 30

31 Federal funds and security RPs (net) 786.5 902.0 969.5 973.7 1019.1 1075.8 1102.0 1090.3 1131.1 1196.0 1216.2 31

32 Credit market instruments 562.1 611.8 661.0 738.8 776.3 792.0 810.6 823.9 837.0 889.6 899.4 32

33 Open market paper 55.4 52.9 46.6 57.2 63.9 62.1 67.7 61.2 59.5 71.4 72.7 33

34 Corporate bonds 310.2 332.2 379.1 437.4 457.3 465.0 474.5 494.1 505.9 528.6 538.9 34

35 Other loans and advances 196.6 226.8 235.3 244.1 255.1 265.0 268.4 268.5 271.6 289.6 287.8 35

36 Taxes payable 13.5 16.2 19.1 22.2 23.0 23.9 24.8 25.6 26.5 27.4 28.4 36

37 Miscellaneous liabilities 1256.6 1430.8 1549.2 1700.3 1726.7 1776.9 1718.3 1689.3 1720.7 1761.3 1740.5 37

 Memo:

38 Credit market funds advanced (4) 5210.5 5614.9 5960.8 6543.0 6745.2 6909.7 7084.1 7189.6 7366.0 7586.6 7631.1 38

(1) U.S.-chartered commercial banks, foreign banking offices in U.S., bank holding companies, and banks in U.S.-affiliated areas. IBFs are excluded from domestic banking and treated the

 same as branches in foreign countries.

(2) Included in other loans and advances (table L.216).

(3) Floats and discrepancies in interbank transactions.

(4) Total bank credit (line 5) less security credit (line 15) less corporate equities (line 16) less mutual fund shares (line 17) plus customers’ liability on acceptances (line 18).
70 Z.1, December 7, 2006

L.110 U.S.-Chartered Commercial Banks

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 5014.5 5427.2 5840.3 6398.1 6560.4 6671.1 6816.5 6903.9 7067.9 7250.1 7285.1 1

 2 Vault cash and reserves at Federal Reserve 61.9 66.3 66.8 61.6 63.5 64.3 59.3 65.5 57.6 60.2 54.5 2

 3 Total bank credit 4718.6 5102.3 5481.6 6046.8 6188.3 6302.3 6459.9 6541.9 6707.7 6879.8 6930.2 3

 4 Treasury securities 56.5 86.4 93.5 74.2 88.1 76.3 75.5 64.2 66.1 68.1 62.3 4

 5 Agency- and GSE-backed securities 700.2 821.3 906.4 996.1 1021.7 998.1 992.1 992.7 1037.4 1070.8 1010.7 5

 6 Mortgage pass-through securities 350.6 434.9 491.5 581.7 600.9 584.8 583.7 579.0 623.6 664.2 602.1 6

 7 CMOs and other structured MBS 168.2 159.1 161.4 156.7 164.3 157.9 153.4 152.3 151.5 154.5 155.6 7

 8 Other 181.4 227.4 253.5 257.7 256.4 255.4 255.0 261.5 262.4 252.1 253.0 8

 9 Municipal securities 119.7 121.2 131.9 140.4 145.0 147.5 153.4 157.2 159.7 161.0 167.8 9

10 Corporate and foreign bonds 265.1 264.3 306.0 364.4 389.6 412.4 421.8 411.6 425.5 439.1 450.9 10

11 Private mortgage pass-through securities 25.3 12.0 12.2 18.9 22.2 25.3 24.5 23.9 24.9 25.9 28.0 11

12 Private CMOs and other structured MBS 59.3 67.4 92.6 106.0 120.1 132.1 138.8 146.2 153.0 157.5 150.4 12

13 Other 180.5 185.0 201.2 239.5 247.3 255.0 258.4 241.5 247.6 255.6 272.5 13

14 Total loans 3546.9 3785.9 4011.7 4433.4 4507.9 4631.5 4776.5 4874.8 4973.7 5095.5 5187.9 14

15 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 15

16 Bank loans n.e.c. 1143.8 1085.7 1037.2 1080.0 1084.6 1118.4 1133.7 1170.1 1206.8 1238.1 1256.0 16

17 Mortgages 1752.8 2018.5 2213.6 2547.0 2638.8 2738.9 2839.1 2902.1 2967.6 3070.0 3111.6 17

18 Consumer credit 568.4 602.6 669.4 704.3 683.1 684.0 708.2 707.0 697.5 694.7 710.6 18

19 Security credit 81.9 79.2 91.5 102.2 101.3 90.3 95.5 95.6 101.8 92.8 109.8 19

20 Corporate equities 8.9 3.5 15.1 20.3 19.4 20.9 23.4 24.0 28.1 26.8 29.3 20

21 Mutual fund shares 21.3 19.6 17.1 18.0 16.6 15.6 17.3 17.3 17.3 18.4 21.3 21

22 Customers’ liab. on acceptances (1) 3.6 3.9 3.8 3.3 3.4 3.4 3.6 3.3 0.0 0.0 0.0 22

23 Miscellaneous assets 230.4 254.7 288.2 286.3 305.2 301.1 293.7 293.2 302.5 310.1 300.4 23

24 Total liabilities 5455.3 5948.2 6377.1 7168.5 7288.2 7425.5 7567.7 7697.6 7847.6 8018.5 8151.4 24

25 Net interbank liabilities 138.2 192.6 173.5 270.2 251.5 264.2 284.9 292.1 277.2 266.5 307.3 25

26 Federal Reserve float -0.0 0.4 -0.3 0.9 -1.4 -1.0 -0.3 0.9 -0.9 -1.0 -1.1 26

27 Borrowing from Federal Reserve banks 0.0 0.0 0.1 0.0 0.1 0.2 0.9 0.1 0.6 0.3 0.3 27

28 To domestic banks -17.7 0.3 -64.6 -24.5 -32.5 -19.1 -29.4 -24.3 -32.8 -32.9 -36.7 28

29 To foreign banks 155.9 191.8 238.4 293.8 285.3 284.1 313.7 315.4 310.4 300.2 344.8 29

30 Checkable deposits 608.2 552.7 581.0 624.8 597.8 608.7 566.3 588.0 562.1 584.5 553.4 30

31 Federal government 47.5 31.1 30.2 26.9 20.2 30.6 33.0 33.9 4.2 41.5 48.3 31

32 Rest of the world 22.6 22.3 34.9 63.0 43.9 77.2 90.4 88.8 106.0 120.5 129.7 32

33 Private domestic 538.2 499.3 516.0 534.8 533.7 500.8 442.9 465.2 451.9 422.5 375.4 33

34 Small time and savings deposits 2448.3 2722.0 2950.2 3231.2 3307.0 3335.4 3433.0 3494.3 3547.6 3576.2 3607.0 34

35 Large time deposits 528.4 552.7 555.7 671.1 707.8 738.4 797.2 837.7 872.8 931.9 954.4 35

36 Federal funds and security RPs (net) 663.9 737.4 806.0 816.1 872.1 911.3 931.0 898.7 951.1 1000.9 999.5 36

37 Acceptance liabilities 3.7 3.9 3.8 3.4 3.4 3.4 3.6 3.3 0.0 0.0 0.0 37

38 Corporate bonds 94.7 94.1 99.6 109.3 113.8 114.3 116.3 121.7 126.0 132.2 135.6 38

39 Other loans and advances 196.6 226.8 235.3 244.1 255.1 265.0 268.4 268.5 271.6 289.6 287.8 39

40 Taxes payable 13.5 16.2 19.1 22.2 23.0 23.9 24.8 25.6 26.5 27.4 28.4 40

41 Miscellaneous liabilities 759.8 849.8 953.0 1176.2 1156.5 1160.9 1142.2 1167.6 1212.7 1209.3 1278.0 41

42 Investment by bank holding companies 586.1 639.2 689.8 857.0 853.3 876.3 878.0 897.0 914.5 929.7 962.0 42

43 Other 173.7 210.6 263.2 319.2 303.2 284.7 264.2 270.6 298.2 279.5 316.0 43

 Memo:

44 Credit market funds advanced (2) 4610.1 5003.9 5361.7 5909.7 6054.3 6178.8 6327.3 6408.2 6560.7 6741.8 6769.8 44

(1) Included in other loans and advances (table L.216).

(2) Total bank credit (line 3) less security credit (line 19) less corporate equities (line 20) less mutual fund shares (line 21) plus customers’ liability on acceptances (line 22).
Z.1, December 7, 2006 71

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

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 791.9 801.1 766.2 637.0 718.3 773.4 830.4 786.9 811.7 845.0 809.6 1

 2 Reserves at Federal Reserve 0.6 1.2 0.9 0.7 0.7 1.1 0.9 0.9 0.9 0.9 0.7 2

 3 Total bank credit 603.0 615.0 607.1 598.8 677.2 718.9 763.5 782.4 824.1 877.3 901.1 3

 4 Treasury securities 103.8 116.7 34.2 30.0 32.3 27.6 27.7 27.9 24.2 26.6 29.5 4

 5 Agency- and GSE-backed securities 50.7 61.6 52.5 53.1 50.8 57.8 51.0 50.9 44.1 51.4 51.1 5

 6 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Corporate and foreign bonds 81.3 81.6 160.9 178.5 218.3 233.2 263.3 262.0 272.4 293.3 285.2 7

 8 Total loans 367.2 355.2 359.6 337.1 375.9 400.3 421.5 441.6 483.4 506.0 535.3 8

 9 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 9

10 Bank loans n.e.c. 256.1 237.5 220.4 226.8 244.2 255.4 265.3 287.4 306.5 317.8 340.2 10

11 Mortgages 17.9 19.0 17.2 16.9 16.9 17.4 20.1 19.4 21.5 23.2 23.3 11

12 Security credit 93.3 98.7 121.9 93.4 114.7 127.5 136.1 134.8 155.3 165.0 171.8 12

13 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

14 Customers’ liab. on acceptances (2) 1.0 0.6 0.6 0.7 0.6 0.7 0.8 0.8 0.7 0.7 0.7 14

15 Miscellaneous assets 187.2 184.2 157.6 36.8 39.7 52.7 65.2 2.8 -14.0 -33.9 -92.8 15

16 Total liabilities 824.8 838.4 808.4 684.5 767.2 823.7 882.1 840.1 866.4 901.2 867.4 16

17 Net interbank liabilities -9.3 -51.6 -57.5 -131.6 -105.7 -105.4 -125.5 -122.6 -119.7 -149.7 -177.6 17

18 To foreign banks -50.9 -83.1 -95.3 -167.9 -165.4 -138.6 -176.4 -176.7 -182.2 -200.6 -232.0 18

19 To domestic banks 41.6 31.5 37.8 36.3 59.7 33.2 50.8 54.1 62.5 50.8 54.4 19

20 Checkable deposits 9.1 8.4 9.4 8.7 11.3 8.3 8.7 8.8 8.6 8.8 8.3 20

21 Small time and savings deposits 11.6 9.4 10.3 9.5 10.8 10.3 10.0 10.0 10.8 11.1 17.2 21

22 Large time deposits 371.5 346.4 361.0 430.3 449.5 461.1 492.3 488.5 538.9 550.7 613.7 22

23 Federal funds and security RPs (net) 123.9 163.4 161.5 156.8 146.5 162.3 169.5 190.9 179.9 195.1 217.3 23

24 Acceptance liabilities 1.1 0.7 0.6 0.7 0.6 0.8 0.8 0.8 0.8 0.7 0.7 24

25 Miscellaneous liabilities 316.9 361.8 323.2 210.0 254.1 286.3 326.4 263.6 247.1 284.6 187.9 25

26 Foreign direct investment in U.S. 67.2 73.3 85.2 122.7 128.0 130.2 131.6 130.9 136.2 138.6 141.8 26

27 Due to affiliates 108.7 127.8 135.0 167.7 169.1 184.8 189.8 188.8 212.9 215.0 211.8 27

28 Other 141.0 160.7 102.9 -80.4 -43.0 -28.6 5.0 -56.1 -101.9 -69.1 -165.8 28

 Memo:

29 Credit market funds advanced (3) 510.7 516.9 485.8 506.1 563.1 592.1 628.2 648.3 669.5 713.0 730.0 29

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

(2) Included in other loans and advances (table L.216).

(3) Total bank credit (line 3) less security credit (line 12) less corporate equities (line 13) plus customers’ liability on acceptances (line 14).
72 Z.1, December 7, 2006

L.112 Bank Holding Companies

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 942.4 1025.8 1153.1 1429.0 1413.2 1461.3 1482.7 1524.0 1520.5 1557.2 1600.7 1

 2 Credit market instruments 24.7 27.8 36.4 36.4 34.0 41.4 29.9 32.2 33.9 31.9 32.1 2

 3 Treasury securities 1.2 1.3 2.7 2.0 1.6 2.4 2.4 1.1 2.7 2.6 2.2 3

 4 Agency- and GSE-backed securities 6.2 10.7 11.6 13.5 13.6 12.8 11.6 11.2 11.9 13.1 12.5 4

 5 Corporate and foreign bonds 15.3 12.9 14.2 15.5 14.7 23.3 12.9 11.8 11.7 12.1 14.5 5

 6 Bank loans n.e.c. 1.9 2.9 7.9 5.3 4.1 2.9 3.1 8.1 7.6 4.1 3.0 6

 7 Miscellaneous assets 917.8 998.1 1116.7 1392.6 1379.2 1420.0 1452.9 1491.8 1486.6 1525.3 1568.6 7

 8 Investment in bank subsidiaries 586.1 639.2 689.8 857.0 853.3 876.3 878.0 897.0 914.5 929.7 962.0 8

 9 Investment in nonbank subsidiaries 219.5 219.3 265.0 341.3 326.0 334.4 364.8 384.3 352.0 363.0 371.7 9

10 Other 112.2 139.5 161.9 194.4 199.9 209.2 210.1 210.6 220.1 232.6 234.9 10

11 Total liabilities 413.4 473.1 571.5 661.7 660.6 678.7 612.6 627.9 637.5 666.7 674.3 11

12 Net interbank liabilities -2.3 -5.3 6.3 8.0 -16.3 -19.6 -18.2 -18.3 -20.5 -25.9 -35.8 12

13 To domestic banks -12.8 -16.4 39.4 15.5 8.5 9.2 6.1 8.6 14.3 26.5 27.8 13

14 To foreign banks 10.4 11.1 -33.1 -7.5 -24.8 -28.8 -24.3 -26.9 -34.8 -52.4 -63.6 14

15 Federal funds and security RPs (net) -1.2 1.2 2.1 0.8 0.4 2.1 1.5 0.6 0.0 -0.1 -0.6 15

16 Credit market instruments 266.1 286.4 321.8 381.3 403.3 408.6 421.5 429.5 438.7 467.0 475.3 16

17 Commercial paper 50.6 48.3 42.3 53.1 59.8 57.9 63.3 57.1 58.7 70.7 72.0 17

18 Corporate bonds 215.5 238.1 279.5 328.2 343.5 350.7 358.2 372.4 379.9 396.3 403.3 18

19 Miscellaneous liabilities 150.8 190.9 241.4 271.6 273.2 287.6 207.8 216.0 219.3 225.7 235.5 19

L.113 Banks in U.S.-Affiliated Areas (1)

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

 1 Total financial assets 80.2 75.2 83.6 99.5 102.9 106.3 107.4 109.3 110.8 111.0 107.6 1

 2 Checkable deposits and currency 2.8 2.5 2.5 3.5 3.6 3.8 3.3 3.0 2.7 2.6 2.5 2

 3 Credit market instruments 65.0 66.3 76.9 90.8 93.8 97.4 98.8 101.0 102.0 99.9 99.2 3

 4 Treasury securities 1.2 1.5 2.5 3.8 4.0 3.5 3.3 3.9 4.0 3.7 3.3 4

 5 Agency- and GSE-backed securities 20.3 24.2 28.9 33.6 34.2 35.8 36.0 34.8 34.7 33.4 32.2 5

 6 Municipal securities 0.5 0.5 0.6 0.3 0.4 0.4 0.3 0.5 0.6 0.8 1.0 6

 7 Corporate and foreign bonds 1.4 1.1 1.4 1.3 1.1 1.3 1.1 0.8 0.5 0.1 0.1 7

 8 Bank loans n.e.c. 22.5 18.2 18.5 20.3 20.5 22.2 21.9 25.9 26.4 23.0 24.5 8

 9 Home mortgages 8.2 9.7 12.2 15.6 20.3 20.3 20.5 16.3 15.8 18.1 17.0 9

10 Commercial mortgages 11.0 11.2 12.8 15.9 13.3 14.0 15.7 18.8 20.0 20.8 21.0 10

11 Miscellaneous assets 12.5 6.4 4.3 5.2 5.5 5.1 5.4 5.3 6.1 8.5 5.9 11

12 Total liabilities 76.8 71.1 78.6 94.0 97.4 100.3 101.5 103.4 105.0 105.4 101.6 12

13 Checkable deposits 11.5 10.4 11.9 13.5 13.5 14.3 13.1 13.3 13.6 13.5 12.5 13

14 Small time and savings deposits 18.1 16.2 17.5 19.0 20.5 22.0 23.3 23.9 24.9 25.1 24.9 14

15 Large time deposits 18.1 16.2 17.5 19.0 20.5 22.0 23.3 23.9 24.9 25.1 24.9 15

16 Miscellaneous liabilities 29.0 28.3 31.7 42.5 42.8 42.0 41.8 42.2 41.6 41.7 39.2 16

(1) Commercial banks and branches of U.S.-chartered commercial banks located in Puerto Rico, the U.S. Virgin Islands, American Samoa, Guam, and other U.S.-affiliated insular areas.
Z.1, December 7, 2006 73

L.114 Savings Institutions (1)

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 1291.4 1349.5 1465.4 1649.0 1648.8 1702.7 1749.7 1789.4 1828.8 1870.2 1938.4 1

 2 Reserves at Federal Reserve 2.3 2.8 3.4 3.3 2.9 3.0 2.9 2.7 2.5 2.5 2.3 2

 3 Checkable deposits and currency 21.0 24.8 24.8 21.3 22.2 23.1 23.7 23.7 21.0 20.7 21.1 3

 4 Time and savings deposits 2.2 2.6 2.6 3.2 2.8 2.8 2.9 2.7 3.4 5.0 6.5 4

 5 Federal funds and security RPs 20.3 20.0 12.3 9.1 9.4 9.7 15.0 9.0 13.9 15.8 20.5 5

 6 Credit market instruments 1133.2 1166.6 1292.6 1485.4 1496.3 1550.2 1588.8 1616.6 1648.8 1679.5 1744.5 6

 7 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 7

 8 Treasury securities 11.4 9.2 12.2 8.4 7.6 9.0 8.7 12.3 10.3 7.9 7.9 8

 9 Agency- and GSE-backed securities 161.4 176.2 198.7 205.1 203.6 201.4 197.1 192.3 190.0 184.1 214.2 9

10 Mortgage pass-through securities 115.7 132.7 138.1 119.5 116.9 113.3 113.0 116.0 112.1 108.1 123.8 10

11 CMOs and other structured MBS 0.0 0.0 0.0 43.0 44.5 42.9 39.9 30.8 32.1 30.8 45.3 11

12 Other 45.7 43.5 60.6 42.6 42.3 45.2 44.2 45.5 45.9 45.2 45.1 12

13 Municipal securities 4.5 5.5 6.3 7.1 7.3 8.1 8.4 8.6 9.4 9.7 10.5 13

14 Corporate and foreign bonds 83.9 79.9 71.1 58.9 62.2 64.0 74.8 80.0 86.2 88.9 88.9 14

15 Private mortgage pass-through securities 13.2 10.6 10.7 8.2 7.1 6.6 9.0 7.7 9.0 9.3 9.1 15

16 Private CMOs and other structured MBS 0.0 0.0 0.0 40.5 45.2 47.7 54.0 58.6 64.3 65.6 66.7 16

17 Other 70.7 69.3 60.4 10.2 10.0 9.7 11.8 13.8 12.9 14.0 13.1 17

18 Other loans and advances 42.9 46.2 56.3 57.6 56.4 60.8 59.5 61.5 62.5 65.9 68.0 18

19 Mortgages 758.0 781.0 870.2 1057.0 1068.4 1112.9 1140.9 1152.7 1192.4 1221.0 1248.8 19

20 Consumer credit 71.1 68.7 77.9 91.3 90.8 94.0 99.4 109.1 98.1 101.9 106.2 20

21 Corporate equities 27.9 29.1 30.4 28.2 27.1 26.1 26.1 26.2 26.2 25.7 25.0 21

22 Miscellaneous assets 84.5 103.6 99.2 98.5 88.0 87.8 90.4 108.4 113.0 121.1 118.6 22

23 Total liabilities 1256.5 1310.2 1418.5 1587.3 1582.6 1630.3 1670.0 1706.1 1736.9 1768.7 1833.0 23

24 Deposits 773.3 840.1 924.5 989.9 1002.9 1024.6 1050.3 1066.9 1099.9 1120.6 1150.4 24

25 Checkable 73.5 75.3 80.6 81.1 81.4 82.3 83.7 85.0 86.7 88.7 88.2 25

26 Small time and savings 531.0 551.9 598.8 584.4 585.4 589.9 602.5 618.7 637.4 651.8 665.6 26

27 Large time 168.8 212.9 245.1 324.4 336.1 352.4 364.0 363.3 375.8 380.1 396.6 27

28 Security RPs 72.4 57.4 77.5 82.2 70.6 71.9 79.3 78.7 77.0 83.3 81.9 28

29 Credit market instruments 285.7 262.3 268.3 332.8 324.3 344.1 344.3 348.9 343.0 346.5 354.0 29

30 Corporate bonds 3.6 3.4 5.1 7.6 7.5 7.7 7.5 8.7 8.5 9.6 10.5 30

31 Bank loans n.e.c. 23.0 27.2 13.9 15.9 15.7 13.4 14.6 14.8 16.1 13.8 17.6 31

32 Other loans and advances 259.1 231.7 249.3 309.3 301.1 323.1 322.1 325.5 318.4 323.0 325.9 32

33 Taxes payable 1.7 1.5 1.3 1.9 1.8 1.9 2.1 2.6 3.0 2.8 2.9 33

34 Miscellaneous liabilities 123.3 148.9 146.9 180.6 183.0 187.8 194.0 209.0 214.0 215.6 243.9 34

35 Investment by parent 7.4 8.3 9.3 10.5 10.8 11.1 11.4 11.8 12.1 12.5 12.8 35

36 Other 115.9 140.6 137.6 170.1 172.2 176.7 182.5 197.2 201.9 203.1 231.0 36

(1) Savings and loan associations, mutual savings banks, and federal savings banks.
74 Z.1, December 7, 2006

L.115 Credit Unions

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 505.5 564.0 617.2 654.7 672.1 677.2 685.2 685.7 703.3 703.7 710.8 1

 2 Checkable deposits and currency 36.8 38.4 41.5 40.2 43.7 37.5 37.3 38.1 47.3 40.2 40.3 2

 3 Time and savings deposits 23.0 24.6 27.1 26.4 25.8 24.9 23.7 21.9 20.3 19.4 18.2 3

 4 Federal funds and security RPs 2.5 1.7 1.6 4.1 5.5 2.9 6.9 6.7 9.2 6.8 6.1 4

 5 Credit market instruments 421.2 465.4 516.6 556.4 565.8 579.0 585.9 592.6 604.1 615.6 624.4 5

 6 Open market paper 2.4 3.6 1.6 1.9 2.0 1.4 0.9 1.3 2.3 1.8 2.3 6

 7 Treasury securities 7.4 7.8 9.1 9.0 8.4 8.5 8.0 7.8 8.1 7.8 8.6 7

 8 Agency- and GSE-backed securities 80.6 98.8 117.4 116.9 121.1 118.9 110.1 109.3 115.7 113.2 106.0 8

 9 Home mortgages 141.3 159.4 182.6 213.2 217.6 228.9 237.4 245.6 250.7 262.5 272.9 9

10 Consumer credit 189.6 195.7 205.9 215.4 216.7 221.3 229.5 228.6 227.3 230.4 234.6 10

11 Mutual fund shares 3.7 3.5 4.1 3.1 2.8 2.6 2.2 2.2 2.3 2.0 2.0 11

12 Miscellaneous assets 18.3 30.4 26.3 24.5 28.5 30.3 29.2 24.2 20.2 19.7 19.7 12

13 Total liabilities 458.9 512.3 561.5 595.2 611.8 615.5 622.8 622.7 639.3 638.9 645.3 13

14 Shares/deposits 450.2 499.7 545.0 574.5 591.3 590.9 596.0 596.1 614.8 612.8 615.4 14

15 Checkable 54.7 60.5 66.5 74.1 77.5 76.8 79.9 81.1 83.0 82.7 74.7 15

16 Small time and savings 361.3 396.4 424.9 440.4 452.3 451.0 454.8 452.5 468.1 468.8 476.7 16

17 Large time 34.1 42.8 53.6 60.0 61.6 63.1 61.3 62.5 63.7 61.2 64.0 17

18 Other loans and advances 4.9 6.9 9.1 11.4 11.8 12.5 12.6 14.7 14.6 16.3 16.8 18

19 Miscellaneous liabilities 3.8 5.7 7.4 9.3 8.7 12.1 14.2 11.9 9.9 9.8 13.0 19

L.116 Property-Casualty Insurance Companies

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

 1 Total financial assets 859.9 939.8 1059.7 1160.9 1184.6 1201.7 1239.1 1250.4 1278.1 1293.0 1320.2 1

 2 Checkable deposits and currency 13.1 25.9 34.6 25.9 24.0 23.3 23.1 21.0 28.7 36.6 38.4 2

 3 Security RPs 30.2 44.4 52.8 63.1 65.7 64.8 67.6 68.9 64.2 57.4 61.4 3

 4 Credit market instruments 518.4 558.3 625.2 698.8 721.1 733.4 760.3 765.8 780.8 792.9 803.6 4

 5 Treasury securities 52.0 61.2 64.7 71.3 71.5 70.6 70.9 69.2 70.6 71.7 71.7 5

 6 Agency- and GSE-backed securities 94.2 113.2 115.4 112.1 114.6 115.3 118.3 117.9 120.3 122.1 123.8 6

 7 Municipal securities 173.8 183.0 224.2 267.8 280.9 290.4 306.0 313.2 319.3 324.2 328.6 7

 8 Corporate and foreign bonds 196.4 198.9 218.9 245.3 251.7 254.6 262.4 262.8 267.9 272.0 276.5 8

 9 Commercial mortgages 1.9 2.0 2.1 2.4 2.5 2.5 2.7 2.7 2.7 2.9 2.9 9

10 Corporate equities 173.9 152.3 182.7 201.8 196.0 198.8 204.3 205.3 211.4 208.8 216.1 10

11 Trade receivables 69.9 74.8 79.3 79.6 82.2 85.0 84.9 82.1 84.1 86.0 87.1 11

12 Miscellaneous assets 54.4 84.1 85.0 91.6 95.5 96.4 98.9 107.3 108.9 111.3 113.6 12

13 Total liabilities 597.0 641.3 696.5 744.3 755.1 763.3 790.5 800.7 807.8 818.2 827.3 13

14 Taxes payable 22.4 25.6 29.3 33.5 34.6 35.8 37.0 38.2 39.4 40.7 42.0 14

15 Miscellaneous liabilities 574.6 615.7 667.2 710.8 720.4 727.5 753.5 762.5 768.3 777.5 785.2 15
Z.1, December 7, 2006 75

L.117 Life Insurance Companies

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 3224.6 3335.0 3772.8 4130.3 4175.9 4235.3 4323.2 4350.7 4466.6 4478.4 4577.9 1

 2 Checkable deposits and currency 36.8 35.3 47.3 53.3 47.2 52.4 53.6 47.7 49.2 49.1 48.9 2

 3 Money market fund shares 173.3 159.8 151.4 120.7 113.6 107.5 108.0 113.6 121.9 134.4 150.3 3

 4 Credit market instruments 2074.8 2307.8 2488.3 2661.4 2714.2 2733.2 2760.6 2765.4 2803.0 2821.6 2852.4 4

 5 Open market paper 59.3 74.0 55.9 48.2 50.6 45.2 44.9 40.2 42.8 44.0 49.6 5

 6 Treasury securities 53.7 78.5 71.8 78.5 81.0 84.4 88.1 91.2 92.3 92.8 93.5 6

 7 Agency- and GSE-backed securities 253.5 330.9 348.9 357.1 366.8 367.9 369.9 368.5 373.4 375.0 378.4 7

 8 Municipal securities 18.7 19.9 26.1 30.1 31.1 31.6 32.2 32.5 32.9 33.1 33.4 8

 9 Corporate and foreign bonds 1342.4 1449.3 1620.2 1768.0 1804.0 1819.2 1838.5 1840.7 1865.6 1872.4 1890.7 9

10 Policy loans 104.1 105.1 104.5 106.1 105.7 106.4 106.1 106.9 107.6 109.1 108.7 10

11 Mortgages 243.0 250.0 260.9 273.3 275.0 278.4 280.9 285.5 288.3 295.3 298.1 11

12 Corporate equities 811.3 708.9 919.3 1053.9 1042.0 1074.8 1128.2 1161.8 1236.4 1225.6 1292.5 12

13 Mutual fund shares 88.3 76.6 91.7 114.4 110.5 109.3 109.2 109.0 114.7 112.9 115.7 13

14 Miscellaneous assets 40.1 46.8 74.7 126.6 148.5 158.1 163.7 153.1 141.4 134.9 118.0 14

15 Total liabilities 3034.8 3140.4 3539.4 3869.7 3914.7 3976.4 4058.9 4088.4 4202.6 4217.6 4303.5 15

16 Other loans and advances 3.1 5.1 8.0 11.1 10.7 11.2 11.3 11.5 12.2 12.5 13.1 16

17 Life insurance reserves 842.2 881.6 972.7 1018.8 1017.8 1025.2 1035.6 1039.9 1048.9 1049.2 1059.7 17

18 Pension fund reserves (1) 1558.5 1604.9 1803.2 2027.9 2055.9 2099.5 2152.2 2197.4 2281.9 2287.2 2345.0 18

19 Taxes payable 19.7 22.1 24.9 28.1 28.9 29.8 30.7 31.6 32.6 33.6 34.6 19

20 Miscellaneous liabilities 611.2 626.7 730.6 783.9 801.4 810.6 829.0 808.0 827.0 835.1 851.2 20

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

L.118 Private Pension Funds (1)

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

 1 Total financial assets 4048.2 3547.2 4475.7 4924.8 4763.4 4880.9 5027.1 5120.3 5166.5 5068.6 5223.9 1

 2 Checkable deposits and currency 9.9 10.2 10.3 10.5 10.5 10.7 10.8 10.8 10.9 11.1 11.2 2

 3 Time and savings deposits 61.3 57.4 60.4 55.8 54.3 58.2 61.8 62.0 61.3 61.8 62.5 3

 4 Money market fund shares 75.1 84.5 84.3 84.9 85.2 85.5 86.0 86.7 87.6 88.3 89.2 4

 5 Security RPs 17.7 19.0 20.5 26.5 27.3 29.7 30.0 28.2 28.8 25.3 25.6 5

 6 Credit market instruments 585.8 577.3 646.5 646.1 645.4 645.6 649.9 658.6 660.5 672.5 682.2 6

 7 Open market paper 27.0 29.2 26.0 26.4 27.1 28.1 28.5 28.5 29.0 30.2 30.8 7

 8 Treasury securities 104.0 100.6 113.9 109.8 111.4 111.9 113.4 112.8 113.2 114.0 115.1 8

 9 Agency- and GSE-backed securities 202.5 183.2 221.4 232.8 230.4 225.5 224.5 231.4 234.2 239.6 245.0 9

10 Corporate and foreign bonds 242.5 253.9 274.8 267.1 266.5 270.1 273.7 276.1 274.3 279.1 281.7 10

11 Mortgages 9.8 10.3 10.2 10.0 9.9 9.9 9.9 9.8 9.8 9.7 9.6 11

12 Corporate equities 1908.6 1558.6 2081.8 2329.2 2240.4 2299.9 2379.0 2416.7 2452.3 2385.7 2474.9 12

13 Mutual fund shares 962.9 831.9 1097.2 1292.2 1237.5 1286.1 1339.2 1376.0 1384.9 1348.1 1397.4 13

14 Miscellaneous assets 426.8 408.4 474.8 479.6 462.8 465.3 470.4 481.3 480.3 475.8 480.9 14

15 Unallocated insurance contracts (2) 275.8 249.6 317.0 328.4 316.0 322.2 327.5 338.4 340.8 339.1 347.0 15

16 Contributions receivable 48.4 49.9 49.8 46.6 45.5 43.9 46.2 44.8 44.3 43.8 43.3 16

17 Other 102.6 108.9 108.0 104.5 101.3 99.2 96.7 98.2 95.2 92.9 90.6 17

18 Pension fund reserves (liabilities) (3) 4094.7 3589.2 4517.2 4965.5 4803.5 4920.7 5066.5 5159.5 5205.5 5107.3 5262.4 18

(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 tangible and financial assets. These liabilities are assets of the household sector.
76 Z.1, December 7, 2006

L.119 State and Local Government Employee Retirement Funds

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 2206.6 1930.5 2344.0 2572.0 2540.8 2585.0 2652.7 2701.5 2795.5 2761.4 2888.7 1

 2 Checkable deposits and currency 11.4 12.9 17.2 17.6 16.3 16.1 17.9 18.2 17.7 18.2 18.0 2

 3 Time and savings deposits 1.8 1.7 1.4 1.8 1.8 1.5 1.9 1.6 2.2 1.4 2.0 3

 4 Money market fund shares 15.4 15.5 12.6 9.6 8.1 9.1 9.7 9.8 10.0 9.5 10.0 4

 5 Security RPs 34.0 27.1 22.0 16.7 15.0 15.8 16.9 16.7 17.2 17.1 17.4 5

 6 Credit market instruments 689.4 638.7 649.9 677.1 692.1 686.2 672.6 674.3 672.0 686.9 676.2 6

 7 Open market paper 51.3 48.0 39.1 29.6 28.9 29.5 29.5 29.8 30.9 30.1 31.0 7

 8 Treasury securities 155.1 158.9 147.9 130.4 127.1 130.1 130.1 129.4 128.9 132.1 129.9 8

 9 Agency- and GSE-backed securities 180.7 192.6 248.3 292.5 311.7 301.8 291.1 290.9 290.0 296.0 291.0 9

10 Municipal securities 1.7 0.9 1.0 1.7 1.0 1.3 1.4 1.7 2.0 2.0 2.2 10

11 Corporate and foreign bonds 279.7 217.3 193.2 203.4 202.9 203.0 201.1 203.0 200.9 207.3 203.0 11

12 Mortgages 21.0 21.1 20.4 19.5 20.5 20.5 19.4 19.4 19.3 19.3 19.1 12

13 Corporate equities 1260.4 1056.8 1421.5 1607.0 1581.0 1621.7 1687.9 1729.0 1819.0 1776.2 1900.5 13

14 Mutual fund shares 184.3 167.4 208.0 230.5 226.2 229.5 234.7 238.3 246.7 240.9 253.5 14

15 Miscellaneous assets 10.0 10.4 11.3 11.8 0.2 5.1 11.2 13.7 10.8 11.3 11.2 15

16 Pension fund reserves (liabilities) (1) 2253.5 1980.0 2393.9 2620.0 2588.0 2631.2 2697.8 2745.3 2838.0 2802.3 2927.9 16

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

L.120 Federal Government Retirement Funds (1)

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

 1 Total financial assets 859.7 893.8 958.5 1023.5 1014.2 1015.1 1037.6 1074.5 1068.4 1074.6 1098.5 1

 2 Credit market instruments 44.8 57.6 63.6 68.2 70.4 73.2 75.2 76.0 77.3 81.8 83.7 2

 3 Treasury securities 40.6 50.2 55.3 60.6 62.9 65.6 67.5 68.4 69.9 74.4 76.2 3

 4 Agency- and GSE-backed securities 2.6 4.6 5.1 4.6 4.6 4.7 4.7 4.6 4.6 4.5 4.6 4

 5 Corporate and foreign bonds 1.6 2.8 3.2 3.0 2.9 3.0 3.0 3.0 2.9 2.9 2.9 5

 6 Corporate equities 49.1 45.9 79.9 99.3 99.5 101.8 108.2 115.6 122.3 119.5 126.6 6

 7 Miscellaneous assets (2) 765.8 790.3 815.0 855.9 844.3 840.1 854.2 882.9 868.8 873.3 888.2 7

 8 Pension fund reserves (liabilities) (3) 859.7 893.8 958.5 1023.5 1014.2 1015.1 1037.6 1074.5 1068.4 1074.6 1098.5 8

(1) Includes the Federal Employees 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.
Z.1, December 7, 2006 77

L.121 Money Market Mutual Funds (1)

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 2240.6 2223.9 2016.4 1879.8 1841.0 1831.5 1876.7 2006.9 2014.1 2067.4 2166.5 1

 2 Foreign deposits 115.0 108.1 71.5 78.5 79.4 92.5 104.3 94.7 97.3 79.6 70.5 2

 3 Checkable deposits and currency 5.4 -1.4 -2.1 0.6 -5.8 -10.7 -2.8 -0.9 -4.3 10.0 1.7 3

 4 Time and savings deposits 244.0 220.2 166.8 167.2 176.4 163.7 179.6 183.8 183.5 205.7 209.5 4

 5 Security RPs 226.2 273.4 252.6 234.0 251.2 293.7 301.8 345.9 341.4 351.8 368.2 5

 6 Credit market instruments 1584.9 1567.1 1471.3 1346.3 1294.3 1245.1 1241.8 1336.2 1347.7 1370.9 1452.9 6

 7 Open market paper 623.7 585.2 459.9 405.8 408.3 430.6 441.3 492.2 489.8 507.9 555.9 7

 8 Treasury securities 137.5 142.2 132.1 98.2 102.5 88.8 85.6 88.6 84.8 79.6 71.1 8

 9 Agency- and GSE-backed securities 324.4 333.1 328.6 267.5 212.7 168.9 145.6 160.1 153.3 150.4 138.9 9

10 Municipal securities 276.7 278.5 292.1 313.8 321.1 323.6 323.5 337.1 347.5 343.3 353.2 10

11 Corporate and foreign bonds 222.5 228.1 258.7 261.0 249.7 233.1 245.9 258.3 272.4 289.7 333.9 11

12 Miscellaneous assets 65.1 56.5 56.2 53.3 45.5 47.1 52.0 47.1 48.4 49.4 63.7 12

13 Total shares outstanding (liabilities) 2240.6 2223.9 2016.4 1879.8 1841.0 1831.5 1876.7 2006.9 2014.1 2067.4 2166.5 13

(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance sector (table L.117).

L.122 Mutual Funds (1)

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

 1 Total financial assets 4135.4 3638.4 4654.2 5436.3 5471.6 5595.7 5874.4 6048.9 6464.1 6420.0 6625.8 1

 2 Security RPs 70.7 81.6 94.5 112.6 124.1 119.8 115.2 115.4 127.1 133.7 135.1 2

 3 Credit market instruments 1229.7 1368.4 1506.4 1623.0 1669.3 1697.3 1719.6 1747.1 1805.7 1840.2 1880.2 3

 4 Open market paper 70.7 63.1 76.2 94.2 105.6 101.4 96.9 97.1 108.7 115.3 116.7 4

 5 Treasury securities 117.6 134.8 144.2 149.0 151.5 152.5 152.1 155.7 157.3 157.5 158.9 5

 6 Agency- and GSE-backed securities 368.3 422.4 447.5 462.7 470.5 473.5 472.2 483.4 488.5 489.2 493.4 6

 7 Municipal securities 253.0 277.3 290.2 294.3 301.0 305.7 312.7 311.7 321.5 328.2 335.2 7

 8 Corporate and foreign bonds 420.0 470.9 548.3 622.8 640.7 664.3 685.8 699.2 729.7 749.9 776.1 8

 9 Corporate equities 2834.0 2187.4 3051.3 3693.6 3669.9 3770.6 4029.8 4175.7 4517.0 4432.5 4597.0 9

10 Miscellaneous assets 0.9 0.9 2.0 7.0 8.3 8.0 9.8 10.7 14.4 13.5 13.5 10

11 Total shares outstanding (liabilities) 4135.4 3638.4 4654.2 5436.3 5471.6 5595.7 5874.4 6048.9 6464.1 6420.0 6625.8 11

(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance sector (table L.117).

L.123 Closed-End and Exchange-Traded Funds

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

 Closed-end funds

 1 Total financial assets 139.5 150.8 205.6 246.0 253.9 262.2 269.6 270.8 277.5 280.1 281.4 1

 2 Credit market instruments 108.5 117.1 153.3 164.5 166.1 167.1 166.9 166.0 168.5 173.2 170.9 2

 3 Treasury securities 6.7 3.9 5.3 7.7 7.8 8.3 8.0 8.0 7.7 7.7 7.8 3

 4 Municipal securities 74.7 86.0 89.3 89.1 89.4 90.1 89.6 89.4 89.4 90.1 89.4 4

 5 Corporate and foreign bonds 27.1 27.1 58.8 67.6 68.8 68.7 69.2 68.7 71.5 75.3 73.7 5

 6 Corporate equities 31.1 33.7 52.3 81.5 87.8 95.1 102.8 104.7 108.9 107.0 110.4 6

 7 Total shares outstanding (liabilities) 139.5 150.8 205.6 246.0 253.9 262.2 269.6 270.8 277.5 280.1 281.4 7

 Exchange-traded funds

 8 Total financial assets 83.0 102.0 150.8 225.9 228.6 242.3 259.3 296.0 321.6 335.6 350.3 8

 9 Credit market instruments 0.0 3.7 4.5 8.2 11.2 12.0 13.8 15.0 15.7 18.0 18.7 9

10 Treasury securities 0.0 2.0 2.1 4.9 7.2 7.7 8.9 9.7 10.0 11.8 12.1 10

11 Corporate and foreign bonds 0.0 1.8 2.4 3.3 3.9 4.3 4.9 5.3 5.7 6.2 6.6 11

12 Corporate equities 83.0 98.2 146.3 217.7 217.4 230.2 245.5 281.0 305.8 317.5 331.6 12

13 Total shares outstanding (liabilities) 83.0 102.0 150.8 225.9 228.6 242.3 259.3 296.0 321.6 335.6 350.3 13
78 Z.1, December 7, 2006

L.124 Government-Sponsored Enterprises (GSEs) (1)

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 2309.4 2549.4 2785.9 2870.4 2821.5 2801.4 2754.2 2805.4 2813.8 2863.7 2837.2 1

 2 Checkable deposits and currency 6.7 14.8 26.8 36.9 21.2 10.5 10.6 11.2 11.3 11.6 11.5 2

 3 Time and savings deposits 30.3 25.3 16.7 25.7 23.9 28.9 29.6 37.3 36.4 43.3 37.7 3

 4 Federal funds and security RPs 104.4 95.3 75.3 91.1 88.2 90.7 113.9 115.3 122.0 112.7 116.5 4

 5 Credit market instruments 2099.1 2323.2 2559.7 2605.9 2581.4 2571.2 2503.2 2540.5 2545.2 2595.2 2571.7 5

 6 Open market paper 33.8 10.4 8.0 6.0 6.6 7.5 6.7 8.2 8.4 9.6 8.4 6

 7 Treasury securities 13.6 25.7 13.5 12.9 13.0 12.6 12.8 13.1 13.4 13.8 14.0 7

 8 Agency- and GSE-backed securities 1017.8 1149.5 1238.3 1108.0 1061.7 1004.7 929.7 944.4 939.4 949.3 925.6 8

 9 Municipal securities 35.4 39.4 44.4 44.6 46.0 45.6 42.9 43.9 45.1 46.7 47.6 9

10 Corporate and foreign bonds 155.7 189.3 225.8 336.6 351.8 365.5 372.9 384.6 391.1 400.3 396.9 10

11 Other loans and advances 505.9 514.7 545.8 619.4 623.2 657.8 662.2 669.1 670.2 697.6 701.8 11

12 Sallie Mae 0.8 0.4 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

13 Farm Credit System 41.8 43.8 43.8 43.6 44.6 45.9 47.7 49.0 53.3 56.1 58.1 13

14 FHLB 463.3 470.5 501.7 575.8 578.6 611.9 614.5 620.1 616.9 641.5 643.7 14

15 Mortgages 297.5 357.3 463.3 478.4 479.0 477.6 476.0 477.2 477.6 478.0 477.3 15

16 Home 225.6 271.1 363.3 362.9 360.2 355.6 349.3 348.1 347.0 345.5 343.6 16

17 Multifamily residential 33.2 41.7 52.6 65.0 67.8 69.6 73.6 76.8 77.8 78.3 78.6 17

18 Farm 38.7 44.5 47.4 50.6 51.1 52.4 53.1 52.2 52.8 54.1 55.1 18

19 Consumer credit (2) 39.4 36.9 20.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

20 Miscellaneous assets 68.9 90.9 107.4 110.7 106.8 100.0 97.1 101.2 99.0 100.9 99.8 20

21 Total liabilities 2272.0 2519.6 2736.7 2800.6 2744.6 2725.2 2668.6 2718.4 2731.2 2797.9 2763.6 21

22 Credit market instruments 2130.6 2350.4 2594.1 2659.2 2606.8 2585.7 2524.8 2575.0 2611.2 2689.8 2642.0 22

23 GSE issues (3) 2130.6 2350.4 2594.1 2659.2 2606.8 2585.7 2524.8 2575.0 2611.2 2689.8 2642.0 23

24 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 24

25 Miscellaneous liabilities 141.5 169.2 142.6 141.5 137.8 139.5 143.9 143.5 120.0 108.1 121.6 25

(1) Federal Home Loan Banks, Federal National Mortgage Association, Federal Home Loan Mortgage Corporation, Federal Agricultural Mortgage Corporation, 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.

(2) Sallie Mae student loans.

(3) Such issues are classified as agency- and GSE-backed securities.

L.125 Agency- and GSE-backed Mortgage Pools (1)

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

 1 Total financial assets 2831.8 3158.6 3489.1 3542.2 3547.1 3567.9 3616.6 3677.0 3752.4 3813.3 3892.3 1

 2 Home mortgages 2748.5 3063.7 3366.9 3416.5 3420.8 3440.8 3487.8 3546.2 3618.7 3676.8 3752.0 2

 3 Multifamily residential mortgages 81.6 94.5 121.2 124.7 125.4 126.2 128.0 129.9 132.5 134.7 137.2 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 1.7 0.4 1.0 0.9 0.9 0.9 0.8 0.8 1.3 1.8 3.1 5

 6 Total pool securities (liabilities)(2) 2831.8 3158.6 3489.1 3542.2 3547.1 3567.9 3616.6 3677.0 3752.4 3813.3 3892.3 6

(1) GNMA, FNMA, FHLMC, FAMC, and Farmers Home Administration pools. 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.
Z.1, December 7, 2006 79

L.126 Issuers of Asset-Backed Securities (ABSs)

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 1689.6 1873.5 2070.8 2403.6 2505.7 2683.0 2855.4 3065.3 3137.5 3237.0 3323.1 1

 2 Treasury securities 0.5 0.9 2.8 8.0 10.1 15.3 20.9 27.7 33.3 43.3 51.0 2

 3 Agency- and GSE-backed securities (1) 183.8 255.2 322.9 222.9 200.3 189.9 166.0 146.9 123.3 106.5 93.0 3

 4 Other loans and advances 108.3 105.0 103.9 105.3 107.0 99.7 95.0 88.5 89.2 90.7 86.9 4

 5 Mortgages (2) 710.8 795.4 967.0 1417.5 1534.7 1705.5 1905.3 2103.1 2180.6 2252.9 2330.2 5

 6 Home 434.1 488.3 609.4 1007.7 1106.9 1250.0 1429.2 1581.2 1641.7 1695.7 1746.9 6

 7 Multifamily residential 53.4 58.7 66.6 73.0 74.7 79.0 81.6 89.5 91.3 93.5 96.6 7

 8 Commercial 223.4 248.4 291.0 336.8 353.0 376.5 394.6 432.4 447.5 463.6 486.8 8

 9 Consumer credit 598.0 634.1 597.7 573.8 576.4 591.8 581.7 603.3 612.1 639.7 649.8 9

10 Trade receivables 88.2 82.7 76.5 76.1 77.3 80.8 86.4 95.8 99.1 103.9 112.2 10

11 Total liabilities 1696.5 1879.2 2076.3 2408.4 2510.3 2687.5 2859.7 3069.5 3141.6 3240.9 3326.9 11

12 Commercial paper 602.6 562.5 519.5 511.5 517.1 545.8 581.6 658.3 674.3 723.5 743.1 12

13 Corporate bonds 1093.8 1316.7 1556.8 1896.9 1993.2 2141.7 2278.1 2411.1 2467.3 2517.4 2583.8 13

 Memo:

 Securitized assets not included above

14 Consumer leases (3) 6.8 5.7 5.5 4.8 4.6 4.5 4.3 4.2 4.0 3.9 3.7 14

15 REIT assets (4) 6.8 14.3 30.0 81.9 91.9 96.1 104.0 114.7 118.8 124.3 125.6 15

(1) Agency- and GSE-backed mortgage pool securities backing privately issued CMOs.

(2) Mortgages backing privately issued pool securities and privately issued CMOs.

(3) 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 tangible asset.

(4) Included in table L.128.

L.127 Finance Companies (1)

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

 1 Total financial assets 1304.2 1445.9 1679.6 1858.1 1842.6 1868.8 1777.3 1856.9 1853.7 1856.7 1871.6 1

 2 Checkable deposits and currency 30.8 33.8 37.1 40.6 41.5 42.4 43.3 44.2 45.2 46.2 47.2 2

 3 Credit market instruments 978.6 1082.3 1205.0 1420.0 1423.1 1441.7 1465.2 1537.1 1543.0 1575.5 1609.0 3

 4 Other loans and advances 440.2 444.0 441.7 451.5 447.9 455.6 451.0 479.2 482.8 496.4 489.6 4

 5 Mortgages 258.4 330.8 370.3 476.1 481.9 491.1 505.8 541.4 560.6 572.3 591.7 5

 6 Consumer credit 280.0 307.5 393.0 492.3 493.4 495.1 508.4 516.5 499.6 506.8 527.8 6

 7 Miscellaneous assets 294.9 329.7 437.4 397.5 378.0 384.7 268.8 275.6 265.5 235.1 215.4 7

 8 Total liabilities 1299.9 1435.3 1675.0 1864.4 1842.6 1856.7 1796.5 1828.3 1821.8 1836.4 1848.5 8

 9 Credit market instruments 818.1 884.3 995.3 1129.7 1144.0 1143.9 1038.6 1108.6 1101.0 1124.0 1121.6 9

10 Open market paper 162.4 147.8 145.1 175.3 161.2 148.8 146.0 160.0 151.0 152.7 164.0 10

11 Corporate bonds 571.3 635.3 743.2 817.4 849.5 865.1 753.8 806.5 812.6 833.8 825.3 11

12 Bank loans n.e.c. 84.4 101.2 107.0 137.0 133.3 129.9 138.8 142.1 137.4 137.5 132.4 12

13 Taxes payable 10.2 11.6 13.2 15.0 15.5 16.0 16.5 17.1 17.6 18.2 18.7 13

14 Miscellaneous liabilities 471.6 539.4 666.4 719.7 683.1 696.8 741.4 702.7 703.2 694.3 708.1 14

15 Foreign direct investment in U.S. 68.6 49.9 68.1 64.4 65.6 66.7 67.4 75.5 75.3 74.7 74.2 15

16 Investment by parent 156.6 179.7 202.9 257.8 254.5 260.0 271.0 312.2 318.1 326.6 335.8 16

17 Other 246.3 309.8 395.4 397.6 363.1 370.1 402.9 314.9 309.7 292.9 298.1 17

 Memo:

18 Consumer leases not included above (2) 107.4 89.8 79.0 74.1 75.9 80.1 82.3 85.3 91.7 97.8 102.1 18

(1) Includes retail captive finance companies and mortgage companies.

(2) See footnote (3), table L.126.
80 Z.1, December 7, 2006

L.128 Real Estate Investment Trusts (REITs)

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 76.4 100.0 136.2 253.3 266.8 301.1 326.5 330.5 346.9 364.2 373.2 1

 2 Checkable deposits and currency 5.5 5.4 9.3 12.5 13.6 14.8 16.1 14.1 15.1 14.2 16.6 2

 3 Credit market instruments 48.0 69.4 97.5 200.1 209.5 239.5 261.8 267.0 277.1 291.6 298.3 3

 4 Agency- and GSE-backed securities 22.0 29.4 27.5 43.6 43.4 46.7 46.9 44.9 45.3 52.8 57.1 4

 5 Corporate and foreign bonds 7.9 10.2 20.4 37.6 39.8 51.6 58.7 62.7 66.0 70.0 72.7 5

 6 Mortgages 18.0 29.8 49.6 118.8 126.4 141.2 156.2 159.4 165.8 168.8 168.4 6

 7 Home 8.7 20.1 37.8 103.7 110.5 122.7 134.0 134.5 138.8 141.5 137.3 7

 8 Multifamily residential 1.8 1.5 1.7 1.6 1.7 1.6 1.7 1.8 2.3 2.2 2.5 8

 9 Commercial 7.6 8.1 10.0 13.5 14.2 16.9 20.6 23.0 24.7 25.1 28.6 9

10 Miscellaneous assets 22.9 25.1 29.5 40.7 43.7 46.8 48.6 49.4 54.7 58.4 58.3 10

11 Total liabilities 230.9 273.1 312.5 458.5 477.9 515.8 546.6 551.4 572.5 593.1 606.7 11

12 Security RPs 21.6 36.7 42.6 67.7 71.6 83.0 95.8 100.6 102.8 106.8 108.7 12

13 Credit market instruments 171.2 195.7 227.7 340.9 359.2 382.4 398.9 399.5 416.1 430.9 437.1 13

14 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

15 Corporate bonds 71.4 87.6 110.9 196.4 205.4 223.5 234.7 236.7 246.2 258.5 263.2 15

16 Bank loans n.e.c. 14.3 14.4 14.7 16.2 19.7 20.1 20.4 21.4 22.8 21.7 21.6 16

17 Mortgages 85.6 93.8 102.1 128.4 134.0 138.8 143.8 141.4 147.1 150.8 152.3 17

18 Miscellaneous liabilities 38.0 40.6 42.3 49.9 47.1 50.4 51.9 51.3 53.6 55.3 60.9 18

 Memo:

19 Securitized assets included above 6.8 14.3 30.0 81.9 91.9 96.1 104.0 114.7 118.8 124.3 125.6 19

20 Agency- and GSE-backed securities 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

21 Home mortgages 5.5 12.7 28.6 79.0 88.8 92.7 99.5 107.4 110.1 112.1 111.0 21

22 Multifamily residential mortgages 0.1 0.1 0.1 0.1 0.2 0.1 0.1 0.1 0.2 0.2 0.2 22

23 Commercial mortgages 0.8 1.4 1.3 2.8 3.0 3.3 4.4 7.1 8.5 12.0 14.3 23
Z.1, December 7, 2006 81

L.129 Security Brokers and Dealers

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total financial assets 1465.6 1335.4 1613.0 1844.9 1950.0 2050.7 2125.8 2144.1 2288.1 2402.6 2570.9 1

 2 Checkable deposits and currency 47.1 44.2 47.2 62.9 60.8 59.0 57.7 55.5 62.5 74.7 68.8 2

 3 Credit market instruments 316.0 344.4 424.1 394.9 440.0 457.3 432.0 486.0 497.2 470.0 546.1 3

 4 Open market paper 48.2 43.5 49.4 48.0 50.4 62.5 63.8 55.6 66.7 67.6 68.9 4

 5 Treasury securities 9.8 -3.9 37.8 -44.6 -26.9 -69.1 -84.2 -51.1 -79.8 -148.6 -96.3 5

 6 Agency- and GSE-backed securities 77.8 91.8 83.7 107.3 108.2 135.9 118.1 101.0 129.4 155.1 160.9 6

 7 Municipal securities 19.0 21.0 24.9 32.0 36.3 32.4 35.3 43.0 35.6 37.9 38.3 7

 8 Corporate and foreign bonds 161.3 192.0 228.3 252.2 272.0 295.6 299.0 337.5 345.4 358.0 374.3 8

 9 Corporate equities 85.1 74.9 100.5 129.1 134.6 131.1 132.9 150.0 167.2 166.9 162.9 9

10 Security credit 196.4 148.2 182.5 264.0 266.1 263.5 258.0 232.3 249.5 243.8 254.3 10

11 Miscellaneous assets 821.0 723.7 858.8 994.0 1048.5 1139.8 1245.2 1220.4 1311.7 1447.1 1538.9 11

12 Total liabilities 1440.8 1315.9 1589.9 1822.4 1924.6 2023.9 2096.1 2116.0 2249.1 2363.0 2531.2 12

13 Security RPs (net) 353.2 344.2 477.9 527.1 621.4 680.7 706.7 736.0 816.8 835.7 964.6 13

14 Corporate bonds 42.3 40.6 47.0 62.2 65.0 63.7 70.7 62.4 71.1 72.8 74.0 14

15 Trade payables 39.2 37.4 28.2 36.0 35.0 35.0 45.2 43.0 35.9 48.9 43.2 15

16 Security credit 629.5 590.6 688.8 773.9 785.4 800.9 809.9 797.9 855.7 904.1 926.5 16

17 Customer credit balances (HH) 454.3 412.7 475.4 578.3 569.4 583.2 578.4 567.4 598.6 646.3 644.9 17

18 From banks 175.2 177.9 213.5 195.6 216.1 217.8 231.6 230.4 257.1 257.8 281.6 18

19 Taxes payable 1.9 1.3 1.8 2.2 2.6 1.3 1.8 1.9 2.6 2.8 3.3 19

20 Miscellaneous liabilities 374.6 301.7 346.3 420.9 415.1 442.3 461.7 474.8 467.0 498.7 519.6 20

21 Foreign direct investment in U.S. 72.2 78.6 87.3 94.1 92.5 92.0 91.7 93.9 93.3 93.9 93.3 21

22 Due to affiliates 653.3 703.5 757.7 870.4 893.0 948.0 1024.0 994.8 975.8 1013.7 1093.1 22

23 Other -350.8 -480.3 -498.7 -543.7 -570.5 -597.7 -654.0 -614.0 -602.2 -608.9 -666.9 23

L.130 Funding Corporations (1)

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

 1 Total financial assets 1374.5 1373.6 1451.3 1521.7 1602.8 1656.7 1758.0 1823.4 1910.5 1893.6 2012.1 1

 2 Money market fund shares 445.6 444.4 401.2 314.6 317.0 308.1 314.3 345.1 337.6 323.0 326.5 2

 3 Credit market instruments 322.6 254.1 348.8 421.8 462.7 460.9 499.5 511.1 565.0 529.1 571.6 3

 4 Open market paper 251.8 197.6 237.5 325.0 353.8 364.5 416.5 443.6 490.0 464.0 512.7 4

 5 Corporate and foreign bonds 70.8 56.4 111.3 96.8 108.9 96.3 83.1 67.5 75.0 65.1 58.9 5

 6 Miscellaneous assets (2) 606.4 675.1 701.3 785.3 823.1 887.7 944.2 967.2 1007.9 1041.5 1114.0 6

 7 Investment in foreign banking offices 108.7 127.8 135.0 167.7 169.1 184.8 189.8 188.8 212.9 215.0 211.8 7

 8 Investment in brokers and dealers 497.6 547.3 566.3 617.5 654.0 703.0 754.4 778.5 795.0 826.5 902.2 8

 9 Total liabilities 1374.5 1373.6 1451.3 1521.7 1602.8 1656.7 1758.0 1823.4 1910.5 1893.6 2012.1 9

10 Credit market instruments 636.6 660.4 674.8 709.4 737.9 790.7 803.2 837.5 874.6 882.1 919.3 10

11 Open market paper 377.0 370.2 369.3 391.7 416.4 461.3 474.2 492.2 527.2 527.8 562.8 11

12 Corporate bonds 259.7 290.1 305.5 317.7 321.5 329.5 329.0 345.3 347.4 354.3 356.5 12

13 Miscellaneous liabilities 737.9 713.2 776.5 812.3 864.9 866.0 954.9 985.9 1035.9 1011.4 1092.8 13

14 Foreign direct investment in U.S. -30.3 14.7 26.5 75.9 85.2 97.0 141.0 129.7 133.3 159.4 194.7 14

15 Securities loaned (net) 578.3 575.4 678.0 764.8 822.4 900.4 989.2 956.3 1015.4 1130.2 1214.2 15

16 Other 189.9 123.1 72.0 -28.4 -42.8 -131.4 -175.3 -100.1 -112.8 -278.2 -316.2 16

(1) Funding subsidiaries, nonbank financial holding companies, and custodial accounts for reinvested collateral of securities lending operations.

(2) Due from affiliated companies.
82 Z.1, December 7, 2006

L.200 Gold and Official Foreign Exchange Holdings (1)

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total U.S. reserves 68.7 79.0 85.9 86.8 78.9 76.6 71.3 65.1 65.4 67.9 66.2 1

 2 U.S. gold stock and SDRs 21.8 23.2 23.7 24.6 22.6 22.3 19.3 19.3 19.4 19.7 19.7 2

 3 Federal govt.: Exchange Stab. Fund 10.8 12.2 12.6 13.6 11.6 11.2 8.2 8.2 8.3 8.6 8.7 3

 4 Monetary authority (2) 11.0 11.0 11.0 11.0 11.0 11.0 11.0 11.0 11.0 11.0 11.0 4

 5 U.S. foreign exchange position 46.8 55.8 62.3 62.2 56.3 54.3 52.0 45.9 46.0 48.3 46.5 5

 6 Official foreign currency holdings 29.0 33.8 39.7 42.7 41.1 39.0 38.7 37.8 38.6 40.4 39.9 6

 7 Treasury 14.4 16.9 19.9 21.4 20.5 19.5 19.4 18.9 19.3 20.2 19.9 7

 8 Monetary authority 14.6 16.9 19.9 21.4 20.5 19.5 19.4 18.9 19.3 20.2 20.0 8

 9 Net IMF position 17.9 22.0 22.5 19.5 15.3 15.3 13.2 8.0 7.4 7.9 6.6 9

10 Federal government 17.9 22.1 22.6 19.6 15.4 15.4 13.3 8.1 7.5 8.0 6.7 10

11 Monetary authority -0.1 -0.1 -0.1 -0.1 -0.1 -0.1 -0.1 -0.1 -0.1 -0.1 -0.1 11

(1) Lines 1, 2, and 3 include increases in SDRs through allocations, which occurred at various dates beginning January 1970. Also included in the table are revaluations of

 foreign currency holdings, gold, SDRs, and IMF position. These allocations and revaluations are excluded from tables on flows.

(2) Treasury gold stock.

L.201 SDR 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 2.2 2.2 2.2 2.2 2.2 2.2 2.2 1

 2 Asset: Monetary authority 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2

 Treasury currency:

 3 Liab: Federal government 24.5 25.5 26.0 26.7 26.9 27.2 27.4 27.5 27.6 27.8 28.1 3

 4 Asset: Monetary authority 33.0 34.6 35.5 36.4 36.5 36.6 36.4 36.5 37.9 38.0 38.1 4

 5 Discrepancy (seigniorage) -8.6 -9.1 -9.5 -9.7 -9.6 -9.4 -9.0 -9.1 -10.3 -10.2 -10.0 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 810.1 831.1 867.8 957.7 1062.7 1010.0 1032.9 1044.5 1101.8 1161.7 1185.8 1

 Held by:

 2 Household sector 48.7 49.9 52.1 57.5 63.8 60.7 62.0 62.7 66.2 69.8 72.6 2

 3 Nonfinancial corporate business 15.5 20.6 38.1 53.7 55.3 53.5 57.6 73.8 64.4 71.3 70.5 3

 4 Money market mutual funds 115.0 108.1 71.5 78.5 79.4 92.5 104.3 94.7 97.3 79.6 70.5 4

 5 Discrepancy--unallocated assets 630.9 652.5 705.9 767.9 864.1 803.3 808.9 813.2 873.9 941.0 972.1 5
Z.1, December 7, 2006 83

L.203 Net Interbank Transactions

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total liabilities 191.4 206.0 193.3 212.2 196.6 207.6 204.3 220.3 198.1 154.5 151.3 1

 2 Monetary authority 64.8 70.4 71.0 65.6 67.1 68.4 63.1 69.1 61.0 63.6 57.4 2

 3 Depository institution reserves 17.5 22.5 23.1 24.0 25.0 23.1 21.9 19.0 21.0 21.0 17.3 3

 4 Vault cash 47.3 47.8 47.9 41.5 42.1 45.3 41.2 50.1 40.0 42.6 40.1 4

 5 Commercial banking 126.6 135.7 122.3 146.6 129.5 139.2 141.2 151.2 137.1 90.9 93.9 5

 6 To monetary authority 0.0 0.5 -0.3 1.0 -1.4 -0.7 0.6 1.0 -0.3 -0.7 -0.8 6

 7 To banks in foreign countries, net 115.5 119.7 110.0 118.3 95.1 116.6 113.0 111.8 93.3 47.2 49.1 7

 8 Liabilities, net 127.3 141.1 128.5 142.4 118.7 127.9 123.2 123.5 107.6 60.3 62.1 8

 9 U.S.-chartered commercial banks 167.0 213.1 256.7 317.4 305.8 294.9 323.4 326.4 324.4 313.2 357.6 9

10 Due to foreign affiliates 324.8 323.9 433.6 467.4 444.0 478.2 496.7 488.7 506.7 526.9 536.2 10

11 - Due from foreign affiliates 157.8 110.8 176.9 150.0 138.2 183.3 173.3 162.4 182.3 213.7 178.5 11

12 Foreign banking offices in U.S. -50.2 -83.0 -95.2 -167.4 -162.3 -138.1 -175.9 -176.0 -182.0 -200.5 -231.9 12

13 Due to foreign affiliates 163.3 176.2 197.4 274.3 267.4 286.1 286.6 333.9 377.1 389.5 445.7 13

14 - Due from foreign affiliates 213.5 259.3 292.6 441.8 429.7 424.3 462.5 509.9 559.0 589.9 677.5 14

15 Bank holding companies 10.4 11.1 -33.1 -7.5 -24.8 -28.8 -24.3 -26.9 -34.8 -52.4 -63.6 15

16 Due to foreign affiliates 51.4 53.4 13.2 33.0 38.1 39.1 39.3 42.2 42.3 28.9 25.8 16

17 - Due from foreign affiliates 41.0 42.4 46.3 40.5 62.9 67.9 63.7 69.1 77.1 81.3 89.4 17

18 Less: Deposits at foreign banks 11.8 21.4 18.5 24.1 23.6 11.3 10.2 11.7 14.3 13.1 13.0 18

19 U.S. chartered commercial banks 11.1 21.3 18.3 23.6 20.5 10.8 9.7 11.0 14.0 13.0 12.9 19

20 Foreign banking offices in U.S. 0.7 0.1 0.1 0.5 3.1 0.5 0.4 0.7 0.3 0.1 0.1 20

21 To U.S. banking, net 11.1 15.5 12.6 27.3 35.7 23.3 27.5 38.5 44.0 44.4 45.5 21

22 U.S.-chartered commercial banks -17.7 0.3 -64.6 -24.5 -32.5 -19.1 -29.4 -24.3 -32.8 -32.9 -36.7 22

23 Liabilities 59.7 76.0 74.2 116.1 115.2 110.1 109.8 119.4 122.8 131.6 136.4 23

24 To foreign offices in U.S. 47.9 58.8 60.0 86.9 77.6 84.7 80.4 79.6 77.3 85.3 89.8 24

25 To bank holding companies 0.7 1.7 1.6 1.8 1.9 2.0 1.9 1.4 1.4 1.8 1.1 25

26 Unallocated 11.1 15.5 12.6 27.3 35.7 23.3 27.5 38.5 44.0 44.4 45.5 26

 Less, due from:

27 Foreign offices in U.S. 89.5 90.3 97.9 123.2 137.3 118.0 131.2 133.7 139.9 136.2 144.1 27

28 Bank holding companies -12.1 -14.7 41.0 17.4 10.4 11.3 7.9 10.0 15.7 28.3 28.9 28

29 Foreign banking offices in U.S. 41.6 31.5 37.8 36.3 59.7 33.2 50.8 54.1 62.5 50.8 54.4 29

30 Due to U.S. banks 89.5 90.3 97.9 123.2 137.3 118.0 131.2 133.7 139.9 136.2 144.1 30

31 - Due from U.S. banks 47.9 58.8 60.0 86.9 77.6 84.7 80.4 79.6 77.3 85.3 89.8 31

32 Bank holding companies -12.8 -16.4 39.4 15.5 8.5 9.2 6.1 8.6 14.3 26.5 27.8 32

33 Due to U.S. banks -12.1 -14.7 41.0 17.4 10.4 11.3 7.9 10.0 15.7 28.3 28.9 33

34 - Due from U.S. banks 0.7 1.7 1.6 1.8 1.9 2.0 1.9 1.4 1.4 1.8 1.1 34

35 Total assets 180.3 190.5 180.7 184.9 160.9 184.3 176.7 181.9 154.1 110.0 105.8 35

36 Rest of the world 115.5 119.7 110.0 118.3 95.1 116.6 113.0 111.8 93.3 47.2 49.1 36

37 Domestic 64.8 70.8 70.7 66.5 65.8 67.7 63.7 70.1 60.7 62.8 56.6 37

38 Monetary authority 0.0 0.5 -0.3 1.0 -1.4 -0.7 0.6 1.0 -0.3 -0.7 -0.8 38

39 Federal Reserve float -0.0 0.4 -0.3 0.9 -1.4 -1.0 -0.3 0.9 -0.9 -1.0 -1.1 39

40 Loans to member banks 0.0 0.0 0.1 0.0 0.1 0.2 0.9 0.1 0.6 0.3 0.3 40

41 Commercial banking 62.6 67.5 67.6 62.3 64.2 65.5 60.2 66.4 58.5 61.1 55.1 41

42 Reserves at Federal Reserve 15.2 19.7 19.7 20.8 22.1 20.1 19.0 16.3 18.5 18.5 15.1 42

43 Vault cash 47.3 47.8 47.9 41.5 42.1 45.3 41.2 50.1 40.0 42.6 40.1 43

44 Savings insts.: Reserves at Fed. Res. 2.3 2.8 3.4 3.3 2.9 3.0 2.9 2.7 2.5 2.5 2.3 44

45 Discrepancy--floats, etc. 11.1 15.5 12.6 27.3 35.7 23.3 27.5 38.5 44.0 44.4 45.5 45
84 Z.1, December 7, 2006

L.204 Checkable Deposits and Currency

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total liabilities 1360.2 1351.9 1432.0 1521.8 1499.7 1514.6 1481.9 1525.0 1508.6 1538.5 1493.4 1

 2 Monetary authority 603.1 644.6 682.5 719.7 718.2 724.1 730.1 748.8 754.6 760.4 756.3 2

 3 Federal government cash and deposits 7.1 4.8 6.0 6.2 5.5 4.6 4.6 4.8 5.7 5.7 5.6 3

 4 Deposits due to foreign 0.1 0.1 0.2 0.1 0.2 0.2 0.2 0.1 0.1 0.2 0.1 4

 5 Currency outside banks 596.0 639.7 676.3 713.3 712.5 719.4 725.3 743.9 748.8 754.5 750.5 5

 6 Commercial banking 628.8 571.5 602.4 647.0 622.6 631.3 588.1 610.1 584.4 606.7 574.2 6

 7 Federal government deposits 47.5 31.1 30.2 26.9 20.2 30.6 33.0 33.9 4.2 41.5 48.3 7

 8 Deposits due to foreign 25.8 25.2 37.4 65.0 49.0 79.3 92.7 91.0 107.9 122.7 131.6 8

 9 Private domestic deposits 555.6 515.3 534.8 555.0 553.4 521.4 462.5 485.2 472.3 442.6 394.3 9

10 Savings institutions 73.5 75.3 80.6 81.1 81.4 82.3 83.7 85.0 86.7 88.7 88.2 10

11 Credit unions 54.7 60.5 66.5 74.1 77.5 76.8 79.9 81.1 83.0 82.7 74.7 11

12 Total assets 1360.2 1351.9 1432.0 1521.8 1499.7 1514.6 1481.9 1525.0 1508.6 1538.5 1493.4 12

13 Household sector 348.3 345.6 286.8 319.0 356.5 329.1 275.8 308.1 295.8 284.6 272.1 13

14 Nonfinancial business 366.5 334.7 391.1 385.3 369.7 380.8 385.5 378.8 369.6 328.0 295.8 14

15 Corporate 181.9 147.0 198.7 164.6 143.4 146.2 142.8 127.3 111.3 64.7 26.7 15

16 Nonfarm noncorporate 164.5 167.1 171.2 198.5 203.8 212.0 220.0 228.6 235.1 239.8 245.3 16

17 Farm 20.0 20.6 21.2 22.3 22.4 22.6 22.8 22.9 23.2 23.5 23.8 17

18 State and local governments 36.3 41.5 44.9 40.3 49.5 50.1 40.5 48.8 47.4 45.9 44.9 18

19 Federal government 66.9 47.5 54.1 21.9 20.8 33.5 34.8 36.8 8.4 45.7 51.2 19

20 Rest of the world 305.7 326.6 355.5 397.9 383.0 416.9 435.4 443.3 462.1 478.1 488.1 20

21 Checkable deposits 25.9 25.3 37.6 65.2 49.2 79.5 92.9 91.1 108.0 122.8 131.7 21

22 Currency 279.8 301.3 317.9 332.7 333.8 337.4 342.5 352.2 354.1 355.2 356.3 22

23 Financial sectors 227.3 246.8 296.5 325.6 298.9 282.9 294.6 286.8 307.3 335.0 326.2 23

24 Commercial banking 2.8 2.5 2.5 3.5 3.6 3.8 3.3 3.0 2.7 2.6 2.5 24

25 Savings institutions 21.0 24.8 24.8 21.3 22.2 23.1 23.7 23.7 21.0 20.7 21.1 25

26 Credit unions 36.8 38.4 41.5 40.2 43.7 37.5 37.3 38.1 47.3 40.2 40.3 26

27 Property-casualty insurance companies 13.1 25.9 34.6 25.9 24.0 23.3 23.1 21.0 28.7 36.6 38.4 27

28 Life insurance companies 36.8 35.3 47.3 53.3 47.2 52.4 53.6 47.7 49.2 49.1 48.9 28

29 Private pension funds 9.9 10.2 10.3 10.5 10.5 10.7 10.8 10.8 10.9 11.1 11.2 29

30 State and local govt. retirement funds 11.4 12.9 17.2 17.6 16.3 16.1 17.9 18.2 17.7 18.2 18.0 30

31 Money market mutual funds 5.4 -1.4 -2.1 0.6 -5.8 -10.7 -2.8 -0.9 -4.3 10.0 1.7 31

32 Government-sponsored enterprises 6.7 14.8 26.8 36.9 21.2 10.5 10.6 11.2 11.3 11.6 11.5 32

33 Finance companies 30.8 33.8 37.1 40.6 41.5 42.4 43.3 44.2 45.2 46.2 47.2 33

34 REITs 5.5 5.4 9.3 12.5 13.6 14.8 16.1 14.1 15.1 14.2 16.6 34

35 Brokers and dealers 47.1 44.2 47.2 62.9 60.8 59.0 57.7 55.5 62.5 74.7 68.8 35

36 Mail float 9.2 9.2 2.9 31.8 21.3 21.4 15.2 22.4 17.9 21.3 15.0 36
Z.1, December 7, 2006 85

L.205 Time and Savings Deposits 

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total liabilities 4491.5 4866.9 5234.5 5789.4 5951.5 6045.6 6261.7 6375.4 6564.8 6682.0 6845.1 1

 2 Small time and savings deposits 3370.5 3695.9 4001.7 4284.6 4376.0 4408.5 4523.7 4599.4 4688.7 4733.0 4791.4 2

 3 Commercial banking 2478.1 2747.6 2977.9 3259.7 3338.4 3367.7 3466.3 3528.3 3583.2 3612.3 3649.1 3

 4 U.S.-chartered commercial banks 2448.3 2722.0 2950.2 3231.2 3307.0 3335.4 3433.0 3494.3 3547.6 3576.2 3607.0 4

 5 Foreign banking offices in U.S. 11.6 9.4 10.3 9.5 10.8 10.3 10.0 10.0 10.8 11.1 17.2 5

 6 Banks in U.S.-affiliated areas 18.1 16.2 17.5 19.0 20.5 22.0 23.3 23.9 24.9 25.1 24.9 6

 7 Savings institutions 531.0 551.9 598.8 584.4 585.4 589.9 602.5 618.7 637.4 651.8 665.6 7

 8 Credit unions 361.3 396.4 424.9 440.4 452.3 451.0 454.8 452.5 468.1 468.8 476.7 8

 9 Large time deposits (1) 1121.0 1171.0 1232.8 1504.9 1575.4 1637.1 1738.0 1776.0 1876.1 1949.0 2053.7 9

10 Commercial banking 918.1 915.3 934.1 1120.4 1177.8 1221.5 1312.7 1350.2 1436.6 1507.7 1593.1 10

11 U.S.-chartered commercial banks 528.4 552.7 555.7 671.1 707.8 738.4 797.2 837.7 872.8 931.9 954.4 11

12 Foreign banking offices in U.S. 371.5 346.4 361.0 430.3 449.5 461.1 492.3 488.5 538.9 550.7 613.7 12

13 Banks in U.S.-affiliated areas 18.1 16.2 17.5 19.0 20.5 22.0 23.3 23.9 24.9 25.1 24.9 13

14 Savings institutions 168.8 212.9 245.1 324.4 336.1 352.4 364.0 363.3 375.8 380.1 396.6 14

15 Credit unions 34.1 42.8 53.6 60.0 61.6 63.1 61.3 62.5 63.7 61.2 64.0 15

16 Total assets 4491.5 4866.9 5234.5 5789.4 5951.5 6045.6 6261.7 6375.4 6564.8 6682.0 6845.1 16

17 Household sector 3332.1 3656.2 3991.3 4353.9 4518.5 4555.0 4693.9 4740.1 4889.5 4920.8 5040.8 17

18 Nonfinancial business 535.8 560.5 675.8 783.3 808.7 807.6 833.1 884.0 898.6 897.7 903.9 18

19 Corporate 281.1 291.3 362.8 420.5 436.1 420.0 430.9 466.0 468.8 459.2 455.4 19

20 Nonfarm noncorporate 254.7 269.2 313.0 362.8 372.6 387.6 402.2 417.9 429.8 438.4 448.5 20

21 State and local governments 129.8 138.7 146.7 153.6 168.6 168.2 174.5 183.1 185.9 188.3 196.1 21

22 Federal government 10.5 27.6 2.4 2.4 2.4 1.7 2.1 1.4 1.5 1.6 4.8 22

23 Rest of the world 120.6 152.3 143.2 216.0 168.2 233.0 258.6 257.6 282.2 337.0 363.0 23

24 Financial sectors 362.6 331.7 275.1 280.2 285.1 280.0 299.5 309.3 307.1 336.6 336.4 24

25 Savings institutions 2.2 2.6 2.6 3.2 2.8 2.8 2.9 2.7 3.4 5.0 6.5 25

26 Credit unions 23.0 24.6 27.1 26.4 25.8 24.9 23.7 21.9 20.3 19.4 18.2 26

27 Private pension funds 61.3 57.4 60.4 55.8 54.3 58.2 61.8 62.0 61.3 61.8 62.5 27

28 State and local govt. retirement funds 1.8 1.7 1.4 1.8 1.8 1.5 1.9 1.6 2.2 1.4 2.0 28

29 Money market mutual funds 244.0 220.2 166.8 167.2 176.4 163.7 179.6 183.8 183.5 205.7 209.5 29

30 Government-sponsored enterprises 30.3 25.3 16.7 25.7 23.9 28.9 29.6 37.3 36.4 43.3 37.7 30

(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 2240.6 2223.9 2016.4 1879.8 1841.0 1831.5 1876.7 2006.9 2014.1 2067.4 2166.5 1

 2 Household sector 1113.2 1070.0 959.8 903.5 870.8 866.3 887.7 957.3 956.7 992.4 1039.9 2

 3 Nonfinancial corporate business 301.9 329.7 291.2 319.0 316.4 322.3 334.8 354.8 358.1 375.4 403.1 3

 4 Nonfarm noncorporate business 59.0 61.3 53.1 61.5 63.2 65.7 68.2 70.9 72.9 74.4 76.1 4

 5 State and local governments 57.1 58.7 62.7 66.1 66.8 67.0 68.0 68.7 69.3 70.0 71.5 5

 6 Life insurance companies 173.3 159.8 151.4 120.7 113.6 107.5 108.0 113.6 121.9 134.4 150.3 6

 7 Private pension funds 75.1 84.5 84.3 84.9 85.2 85.5 86.0 86.7 87.6 88.3 89.2 7

 8 State and local govt. retirement funds 15.4 15.5 12.6 9.6 8.1 9.1 9.7 9.8 10.0 9.5 10.0 8

 9 Funding corporations 445.6 444.4 401.2 314.6 317.0 308.1 314.3 345.1 337.6 323.0 326.5 9
86 Z.1, December 7, 2006

L.207 Federal Funds and Security Repurchase Agreements

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total liabilities 1233.7 1340.3 1567.5 1650.7 1782.8 1911.3 1983.9 2005.6 2127.7 2221.8 2371.4 1

 2 Commercial banking (net) 786.5 902.0 969.5 973.7 1019.1 1075.8 1102.0 1090.3 1131.1 1196.0 1216.2 2

 3 U.S.-chartered commercial banks 663.9 737.4 806.0 816.1 872.1 911.3 931.0 898.7 951.1 1000.9 999.5 3

 4 Foreign banking offices in U.S. 123.9 163.4 161.5 156.8 146.5 162.3 169.5 190.9 179.9 195.1 217.3 4

 5 Bank holding companies -1.2 1.2 2.1 0.8 0.4 2.1 1.5 0.6 0.0 -0.1 -0.6 5

 6 Savings institutions 72.4 57.4 77.5 82.2 70.6 71.9 79.3 78.7 77.0 83.3 81.9 6

 7 REITs 21.6 36.7 42.6 67.7 71.6 83.0 95.8 100.6 102.8 106.8 108.7 7

 8 Brokers and dealers (net) 353.2 344.2 477.9 527.1 621.4 680.7 706.7 736.0 816.8 835.7 964.6 8

 9 Total assets 843.1 913.8 1165.0 1391.9 1421.7 1483.6 1570.4 1615.7 1665.8 1670.5 1734.8 9

10 Nonfinancial corporate business 4.0 6.2 6.0 6.4 6.2 8.5 11.6 14.9 10.6 12.1 17.2 10

11 State and local governments 131.9 115.6 123.5 130.2 131.4 131.9 133.8 135.3 136.4 137.9 140.7 11

12 Rest of the world 151.1 190.1 460.2 665.1 666.6 681.7 731.9 712.5 768.4 768.7 804.6 12

13 Financial sectors 556.2 601.9 575.3 590.2 617.5 661.6 693.1 753.0 750.4 751.8 772.2 13

14 Monetary authority 50.3 39.5 43.8 33.0 31.0 34.5 25.8 46.8 26.8 31.3 21.5 14

15 Savings institutions 20.3 20.0 12.3 9.1 9.4 9.7 15.0 9.0 13.9 15.8 20.5 15

16 Credit unions 2.5 1.7 1.6 4.1 5.5 2.9 6.9 6.7 9.2 6.8 6.1 16

17 Property-casualty insurance companies 30.2 44.4 52.8 63.1 65.7 64.8 67.6 68.9 64.2 57.4 61.4 17

18 Private pension funds 17.7 19.0 20.5 26.5 27.3 29.7 30.0 28.2 28.8 25.3 25.6 18

19 State and local govt. retirement funds 34.0 27.1 22.0 16.7 15.0 15.8 16.9 16.7 17.2 17.1 17.4 19

20 Money market mutual funds 226.2 273.4 252.6 234.0 251.2 293.7 301.8 345.9 341.4 351.8 368.2 20

21 Mutual funds 70.7 81.6 94.5 112.6 124.1 119.8 115.2 115.4 127.1 133.7 135.1 21

22 Government-sponsored enterprises 104.4 95.3 75.3 91.1 88.2 90.7 113.9 115.3 122.0 112.7 116.5 22

23 Discrepancy--unallocated assets 390.6 426.6 402.6 258.8 361.1 427.7 413.5 389.8 461.9 551.3 636.6 23

L.208 Open Market Paper

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

 1 Total outstanding, all types 1571.1 1507.6 1432.5 1567.2 1606.2 1668.5 1744.1 1833.9 1901.3 1960.9 2090.4 1

 2 Commercial paper 1566.4 1503.0 1428.1 1563.1 1602.1 1664.4 1739.7 1829.8 1900.5 1960.2 2089.7 2

 3 Nonfinancial corporate business 177.9 119.9 84.8 101.6 115.3 114.4 119.6 93.8 100.4 115.4 114.2 3

 4 Foreign issues in U.S. 196.0 254.2 267.1 329.9 332.3 336.2 355.0 368.4 389.0 370.1 433.6 4

 5 Nonfinancial 19.4 19.2 15.5 13.3 14.0 11.9 14.8 29.0 25.5 23.8 23.9 5

 6 Financial 176.6 235.1 251.6 316.6 318.2 324.4 340.3 339.4 363.5 346.3 409.7 6

 7 Financial business 1192.5 1128.8 1076.2 1131.6 1154.5 1213.8 1265.1 1367.7 1411.1 1474.7 1541.9 7

 8 Commercial banking 50.6 48.3 42.3 53.1 59.8 57.9 63.3 57.1 58.7 70.7 72.0 8

 9 ABS issuers 602.6 562.5 519.5 511.5 517.1 545.8 581.6 658.3 674.3 723.5 743.1 9

10 Finance companies 162.4 147.8 145.1 175.3 161.2 148.8 146.0 160.0 151.0 152.7 164.0 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 Funding corporations 377.0 370.2 369.3 391.7 416.4 461.3 474.2 492.2 527.2 527.8 562.8 12

13 Bankers acceptances (1) 4.8 4.6 4.4 4.1 4.1 4.1 4.4 4.1 0.8 0.7 0.7 13

14 Holdings, by sector 1571.1 1507.6 1432.5 1567.2 1606.2 1668.5 1744.1 1833.9 1901.3 1960.9 2090.4 14

15 Household sector 97.3 110.4 105.9 136.1 137.4 151.7 158.6 164.2 169.3 175.8 181.3 15

16 Nonfinancial corporate business 60.2 64.8 75.7 95.0 88.0 87.4 98.0 106.8 106.5 113.2 126.1 16

17 State and local governments 136.9 151.3 161.6 170.4 172.1 172.7 175.2 177.1 178.6 180.6 184.3 17

18 Rest of the world 108.4 126.6 135.8 180.6 175.3 186.0 183.4 189.2 178.1 220.9 222.5 18

19 Monetary authority 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

20 Commercial banking (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

21 Savings institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

22 Credit unions 2.4 3.6 1.6 1.9 2.0 1.4 0.9 1.3 2.3 1.8 2.3 22

23 Life insurance companies 59.3 74.0 55.9 48.2 50.6 45.2 44.9 40.2 42.8 44.0 49.6 23

24 Private pension funds 27.0 29.2 26.0 26.4 27.1 28.1 28.5 28.5 29.0 30.2 30.8 24

25 State and local govt. retirement funds 51.3 48.0 39.1 29.6 28.9 29.5 29.5 29.8 30.9 30.1 31.0 25

26 Money market mutual funds 623.7 585.2 459.9 405.8 408.3 430.6 441.3 492.2 489.8 507.9 555.9 26

27 Mutual funds 70.7 63.1 76.2 94.2 105.6 101.4 96.9 97.1 108.7 115.3 116.7 27

28 Government-sponsored enterprises 33.8 10.4 8.0 6.0 6.6 7.5 6.7 8.2 8.4 9.6 8.4 28

29 Brokers and dealers 48.2 43.5 49.4 48.0 50.4 62.5 63.8 55.6 66.7 67.6 68.9 29

30 Funding corporations 251.8 197.6 237.5 325.0 353.8 364.5 416.5 443.6 490.0 464.0 512.7 30

(1) Excludes banks’ holdings of own acceptances.
Z.1, December 7, 2006 87

L.209 Treasury Securities

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total liabilities 3352.7 3609.8 4008.2 4370.7 4535.6 4493.1 4566.0 4678.0 4834.4 4759.6 4803.2 1

 2 Savings bonds 190.3 194.9 203.8 204.4 204.2 204.2 203.6 205.1 205.9 205.2 203.6 2

 3 Other Treasury issues 3162.4 3414.9 3804.4 4166.3 4331.4 4289.0 4362.4 4472.9 4628.5 4554.4 4599.6 3

 4 Total assets 3352.7 3609.8 4008.2 4370.7 4535.6 4493.1 4566.0 4678.0 4834.4 4759.6 4803.2 4

 5 Household sector 445.0 288.0 440.6 562.7 564.6 510.7 501.3 547.2 679.6 635.3 579.4 5

 6 Savings bonds 190.3 194.9 203.8 204.4 204.2 204.2 203.6 205.1 205.9 205.2 203.6 6

 7 Other Treasury issues 254.6 93.1 236.8 358.3 360.4 306.5 297.7 342.1 473.7 430.2 375.8 7

 8 Nonfinancial corporate business 16.9 31.4 32.8 33.0 32.8 35.3 32.6 36.9 35.0 32.9 34.0 8

 9 Nonfarm noncorporate business 42.8 42.8 44.9 52.0 53.4 55.6 57.6 59.9 61.6 62.8 64.3 9

10 State and local governments 328.4 354.7 364.2 387.4 408.0 431.5 448.4 456.2 456.5 466.2 468.0 10

11 Rest of the world 1095.2 1285.5 1513.5 1803.5 1898.3 1929.5 1990.1 1993.8 2026.3 2029.1 2069.9 11

12 Monetary authority 551.7 629.4 666.7 717.8 717.3 724.7 736.4 744.2 758.5 766.4 768.9 12

13 Commercial banking 162.7 205.8 132.9 110.1 126.0 109.8 108.9 97.1 97.0 101.1 97.3 13

14 U.S.-chartered commercial banks 56.5 86.4 93.5 74.2 88.1 76.3 75.5 64.2 66.1 68.1 62.3 14

15 Foreign banking offices in U.S. 103.8 116.7 34.2 30.0 32.3 27.6 27.7 27.9 24.2 26.6 29.5 15

16 Bank holding companies 1.2 1.3 2.7 2.0 1.6 2.4 2.4 1.1 2.7 2.6 2.2 16

17 Banks in U.S.-affiliated areas 1.2 1.5 2.5 3.8 4.0 3.5 3.3 3.9 4.0 3.7 3.3 17

18 Savings institutions 11.4 9.2 12.2 8.4 7.6 9.0 8.7 12.3 10.3 7.9 7.9 18

19 Credit unions 7.4 7.8 9.1 9.0 8.4 8.5 8.0 7.8 8.1 7.8 8.6 19

20 Property-casualty insurance companies 52.0 61.2 64.7 71.3 71.5 70.6 70.9 69.2 70.6 71.7 71.7 20

21 Life insurance companies 53.7 78.5 71.8 78.5 81.0 84.4 88.1 91.2 92.3 92.8 93.5 21

22 Private pension funds 104.0 100.6 113.9 109.8 111.4 111.9 113.4 112.8 113.2 114.0 115.1 22

23 State and local govt. retirement funds 155.1 158.9 147.9 130.4 127.1 130.1 130.1 129.4 128.9 132.1 129.9 23

24 Federal government retirement funds 40.6 50.2 55.3 60.6 62.9 65.6 67.5 68.4 69.9 74.4 76.2 24

25 Money market mutual funds 137.5 142.2 132.1 98.2 102.5 88.8 85.6 88.6 84.8 79.6 71.1 25

26 Mutual funds 117.6 134.8 144.2 149.0 151.5 152.5 152.1 155.7 157.3 157.5 158.9 26

27 Closed-end funds 6.7 3.9 5.3 7.7 7.8 8.3 8.0 8.0 7.7 7.7 7.8 27

28 Exchange-traded funds 0.0 2.0 2.1 4.9 7.2 7.7 8.9 9.7 10.0 11.8 12.1 28

29 Government-sponsored enterprises 13.6 25.7 13.5 12.9 13.0 12.6 12.8 13.1 13.4 13.8 14.0 29

30 ABS issuers 0.5 0.9 2.8 8.0 10.1 15.3 20.9 27.7 33.3 43.3 51.0 30

31 Brokers and dealers 9.8 -3.9 37.8 -44.6 -26.9 -69.1 -84.2 -51.1 -79.8 -148.6 -96.3 31

 Memo:

32 Federal government debt (1) 3379.5 3637.0 4033.1 4395.0 4559.7 4516.8 4589.6 4701.9 4858.0 4783.2 4826.6 32

(1) Total Treasury securities (table L.209, line 1) plus budget agency securities (table L.210, line 2) and federal mortgage debt (table L.217, line 12).
88 Z.1, December 7, 2006

L.210 Agency- and GSE-backed Securities (1)

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total liabilities 4989.1 5536.3 6108.1 6225.6 6177.9 6177.3 6165.0 6275.8 6387.2 6526.7 6557.7 1

 2 Budget agencies 26.8 27.3 24.9 24.3 24.1 23.7 23.6 23.8 23.6 23.6 23.4 2

 3 Government-sponsored enterprises 2130.6 2350.4 2594.1 2659.2 2606.8 2585.7 2524.8 2575.0 2611.2 2689.8 2642.0 3

 4 Agency- and GSE-backed mortgage pools 2831.8 3158.6 3489.1 3542.2 3547.1 3567.9 3616.6 3677.0 3752.4 3813.3 3892.3 4

 5 Total assets 4989.1 5536.3 6108.1 6225.6 6177.9 6177.3 6165.0 6275.8 6387.2 6526.7 6557.7 5

 6 Household sector 402.6 243.9 388.5 435.3 418.4 486.5 592.9 638.8 634.5 641.0 678.6 6

 7 Nonfinancial corporate business 17.5 16.9 12.1 12.2 12.1 13.0 12.0 13.7 12.9 12.2 12.6 7

 8 State and local governments 287.0 328.8 351.2 370.3 374.0 375.2 380.7 384.9 385.1 389.4 397.4 8

 9 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

10 Rest of the world 534.7 648.0 653.1 778.3 803.7 843.0 894.7 953.1 1019.0 1077.5 1130.7 10

11 Monetary authority 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

12 Commercial banking 777.4 917.9 999.5 1096.4 1120.2 1104.4 1090.6 1089.6 1128.2 1168.7 1106.5 12

13 U.S.-chartered commercial banks 700.2 821.3 906.4 996.1 1021.7 998.1 992.1 992.7 1037.4 1070.8 1010.7 13

14 Foreign banking offices in U.S. 50.7 61.6 52.5 53.1 50.8 57.8 51.0 50.9 44.1 51.4 51.1 14

15 Bank holding companies 6.2 10.7 11.6 13.5 13.6 12.8 11.6 11.2 11.9 13.1 12.5 15

16 Banks in U.S.-affiliated areas 20.3 24.2 28.9 33.6 34.2 35.8 36.0 34.8 34.7 33.4 32.2 16

17 Savings institutions 161.4 176.2 198.7 205.1 203.6 201.4 197.1 192.3 190.0 184.1 214.2 17

18 Credit unions 80.6 98.8 117.4 116.9 121.1 118.9 110.1 109.3 115.7 113.2 106.0 18

19 Property-casualty insurance companies 94.2 113.2 115.4 112.1 114.6 115.3 118.3 117.9 120.3 122.1 123.8 19

20 Life insurance companies 253.5 330.9 348.9 357.1 366.8 367.9 369.9 368.5 373.4 375.0 378.4 20

21 Private pension funds 202.5 183.2 221.4 232.8 230.4 225.5 224.5 231.4 234.2 239.6 245.0 21

22 State and local govt. retirement funds 180.7 192.6 248.3 292.5 311.7 301.8 291.1 290.9 290.0 296.0 291.0 22

23 Federal government retirement funds 2.6 4.6 5.1 4.6 4.6 4.7 4.7 4.6 4.6 4.5 4.6 23

24 Money market mutual funds 324.4 333.1 328.6 267.5 212.7 168.9 145.6 160.1 153.3 150.4 138.9 24

25 Mutual funds 368.3 422.4 447.5 462.7 470.5 473.5 472.2 483.4 488.5 489.2 493.4 25

26 Government-sponsored enterprises 1017.8 1149.5 1238.3 1108.0 1061.7 1004.7 929.7 944.4 939.4 949.3 925.6 26

27 ABS issuers 183.8 255.2 322.9 222.9 200.3 189.9 166.0 146.9 123.3 106.5 93.0 27

28 REITs 22.0 29.4 27.5 43.6 43.4 46.7 46.9 44.9 45.3 52.8 57.1 28

29 Brokers and dealers 77.8 91.8 83.7 107.3 108.2 135.9 118.1 101.0 129.4 155.1 160.9 29

(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 FNMA and FHLB;

 and agency- and GSE-backed mortgage pool securities issued by GNMA, FNMA, FHLMC, 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 32.
Z.1, December 7, 2006 89

L.211 Municipal Securities and Loans

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total liabilities 1603.5 1762.9 1900.5 2031.0 2085.7 2134.2 2176.1 2225.6 2254.9 2305.7 2337.5 1

 2 State and local governments 1294.5 1437.9 1557.9 1673.0 1723.0 1765.4 1803.4 1843.8 1870.5 1911.3 1939.5 2

 3 Short-term (1) 70.5 95.7 106.1 100.2 101.9 91.4 95.7 105.9 106.9 98.8 98.2 3

 4 Long-term 1224.0 1342.2 1451.8 1572.8 1621.1 1674.0 1707.7 1737.9 1763.7 1812.4 1841.3 4

 5 Nonprofit organizations (2) 151.3 164.2 178.3 188.6 192.4 196.7 199.1 205.1 207.3 215.4 218.3 5

 6 Nonfinancial corporate business 157.7 160.8 164.2 169.4 170.4 172.1 173.6 176.7 177.1 179.0 179.7 6

 (industrial revenue bonds)

 7 Total assets 1603.5 1762.9 1900.5 2031.0 2085.7 2134.2 2176.1 2225.6 2254.9 2305.7 2337.5 7

 8 Household sector 581.1 678.7 707.7 740.9 755.7 789.1 800.1 816.0 817.8 853.8 855.0 8

 9 Nonfinancial corporate business 29.3 32.1 35.4 35.0 35.6 32.6 33.2 32.6 34.6 34.4 33.4 9

10 Nonfarm noncorporate business 3.5 3.4 2.7 3.1 3.2 3.3 3.5 3.6 3.7 3.8 3.9 10

11 State and local governments 4.0 4.1 4.4 4.6 4.7 4.7 4.7 4.8 4.8 4.9 5.0 11

12 Rest of the world 8.0 11.5 19.5 26.0 27.0 28.0 29.0 30.0 31.0 32.0 33.0 12

13 Commercial banking 120.2 121.7 132.5 140.8 145.3 147.8 153.7 157.7 160.3 161.7 168.8 13

14 Savings institutions 4.5 5.5 6.3 7.1 7.3 8.1 8.4 8.6 9.4 9.7 10.5 14

15 Property-casualty insurance companies 173.8 183.0 224.2 267.8 280.9 290.4 306.0 313.2 319.3 324.2 328.6 15

16 Life insurance companies 18.7 19.9 26.1 30.1 31.1 31.6 32.2 32.5 32.9 33.1 33.4 16

17 State and local govt. retirement funds 1.7 0.9 1.0 1.7 1.0 1.3 1.4 1.7 2.0 2.0 2.2 17

18 Money market mutual funds 276.7 278.5 292.1 313.8 321.1 323.6 323.5 337.1 347.5 343.3 353.2 18

19 Mutual funds 253.0 277.3 290.2 294.3 301.0 305.7 312.7 311.7 321.5 328.2 335.2 19

20 Closed-end funds 74.7 86.0 89.3 89.1 89.4 90.1 89.6 89.4 89.4 90.1 89.4 20

21 Government-sponsored enterprises 35.4 39.4 44.4 44.6 46.0 45.6 42.9 43.9 45.1 46.7 47.6 21

22 Brokers and dealers 19.0 21.0 24.9 32.0 36.3 32.4 35.3 43.0 35.6 37.9 38.3 22

(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).

L.212 Corporate and Foreign Bonds

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

 1 Total liabilities 5487.4 6121.5 6890.6 7675.0 7857.6 8082.9 8162.1 8358.4 8518.7 8721.3 8872.6 1

 2 Nonfinancial corporate business 2578.0 2710.3 2868.6 2946.3 2954.9 2962.4 2987.3 3006.2 3059.6 3111.4 3141.3 2

 3 Rest of the world (1) 557.1 705.2 874.4 993.0 1003.3 1024.4 1026.5 987.5 1000.2 1035.0 1079.1 3

 4 Financial sectors 2352.4 2706.0 3147.7 3735.7 3899.4 4096.1 4148.4 4364.7 4459.0 4575.0 4652.2 4

 5 Commercial banking 310.2 332.2 379.1 437.4 457.3 465.0 474.5 494.1 505.9 528.6 538.9 5

 6 Savings institutions 3.6 3.4 5.1 7.6 7.5 7.7 7.5 8.7 8.5 9.6 10.5 6

 7 ABS issuers 1093.8 1316.7 1556.8 1896.9 1993.2 2141.7 2278.1 2411.1 2467.3 2517.4 2583.8 7

 8 Finance companies 571.3 635.3 743.2 817.4 849.5 865.1 753.8 806.5 812.6 833.8 825.3 8

 9 REITs 71.4 87.6 110.9 196.4 205.4 223.5 234.7 236.7 246.2 258.5 263.2 9

10 Brokers and dealers 42.3 40.6 47.0 62.2 65.0 63.7 70.7 62.4 71.1 72.8 74.0 10

11 Funding corporations 259.7 290.1 305.5 317.7 321.5 329.5 329.0 345.3 347.4 354.3 356.5 11

12 Total assets 5487.4 6121.5 6890.6 7675.0 7857.6 8082.9 8162.1 8358.4 8518.7 8721.3 8872.6 12

13 Household sector 466.4 740.3 739.0 712.6 668.4 697.6 573.5 687.0 620.5 605.5 562.2 13

14 State and local governments 95.1 104.2 111.3 117.3 118.5 118.9 120.6 122.0 122.0 123.3 125.9 14

15 Rest of the world (2) 1351.1 1539.4 1722.4 2061.5 2121.0 2202.7 2296.0 2314.1 2411.6 2510.9 2596.9 15

16 Commercial banking 363.1 359.9 482.5 559.7 623.7 670.2 699.1 686.2 710.0 744.6 750.6 16

17 Savings institutions 83.9 79.9 71.1 58.9 62.2 64.0 74.8 80.0 86.2 88.9 88.9 17

18 Property-casualty insurance companies 196.4 198.9 218.9 245.3 251.7 254.6 262.4 262.8 267.9 272.0 276.5 18

19 Life insurance companies 1342.4 1449.3 1620.2 1768.0 1804.0 1819.2 1838.5 1840.7 1865.6 1872.4 1890.7 19

20 Private pension funds 242.5 253.9 274.8 267.1 266.5 270.1 273.7 276.1 274.3 279.1 281.7 20

21 State and local govt. retirement funds 279.7 217.3 193.2 203.4 202.9 203.0 201.1 203.0 200.9 207.3 203.0 21

22 Federal government retirement funds 1.6 2.8 3.2 3.0 2.9 3.0 3.0 3.0 2.9 2.9 2.9 22

23 Money market mutual funds 222.5 228.1 258.7 261.0 249.7 233.1 245.9 258.3 272.4 289.7 333.9 23

24 Mutual funds 420.0 470.9 548.3 622.8 640.7 664.3 685.8 699.2 729.7 749.9 776.1 24

25 Closed-end funds 27.1 27.1 58.8 67.6 68.8 68.7 69.2 68.7 71.5 75.3 73.7 25

26 Exchange-traded funds 0.0 1.8 2.4 3.3 3.9 4.3 4.9 5.3 5.7 6.2 6.6 26

27 Government-sponsored enterprises 155.7 189.3 225.8 336.6 351.8 365.5 372.9 384.6 391.1 400.3 396.9 27

28 REITs 7.9 10.2 20.4 37.6 39.8 51.6 58.7 62.7 66.0 70.0 72.7 28

29 Brokers and dealers 161.3 192.0 228.3 252.2 272.0 295.6 299.0 337.5 345.4 358.0 374.3 29

30 Funding corporations 70.8 56.4 111.3 96.8 108.9 96.3 83.1 67.5 75.0 65.1 58.9 30

(1) Holdings of foreign issues by U.S. residents.

(2) Holdings of U.S. issues by foreign residents.
90 Z.1, December 7, 2006

L.213 Corporate Equities (1)

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Issues at market value 15310.6 11900.5 15618.5 17389.3 17002.3 17185.9 17914.7 18277.0 19140.8 18668.9 19306.3 1

 2 Nonfinancial corporate business 10804.8 7839.3 10043.6 10807.0 10608.8 10610.9 10984.0 10876.3 11255.9 10780.1 11009.0 2

 3 Rest of the world (2) 1612.7 1374.7 2079.4 2560.4 2594.3 2588.2 2911.1 3086.5 3397.1 3406.2 3524.3 3

 4 Financial corporations 2893.2 2686.5 3495.5 4021.9 3799.2 3986.9 4019.6 4314.3 4487.8 4482.6 4773.0 4

 5 Holdings at market value 15310.6 11900.5 15618.5 17389.3 17002.3 17185.9 17914.7 18277.0 19140.8 18668.9 19306.3 5

 6 Household sector 6376.8 4536.2 5613.1 5715.2 5485.9 5396.7 5489.5 5491.6 5551.9 5296.4 5341.5 6

 7 State and local governments 88.0 79.3 84.7 89.3 90.2 90.5 91.8 92.8 93.6 94.6 96.5 7

 8 Rest of the world (3) 1572.7 1335.8 1839.5 2123.3 2111.1 2127.6 2265.3 2302.6 2500.9 2485.6 2601.5 8

 9 Commercial banking 8.9 3.5 15.1 20.3 19.4 20.9 23.4 24.0 28.1 26.8 29.3 9

10 Savings institutions 27.9 29.1 30.4 28.2 27.1 26.1 26.1 26.2 26.2 25.7 25.0 10

11 Property-casualty insurance companies 173.9 152.3 182.7 201.8 196.0 198.8 204.3 205.3 211.4 208.8 216.1 11

12 Life insurance companies 811.3 708.9 919.3 1053.9 1042.0 1074.8 1128.2 1161.8 1236.4 1225.6 1292.5 12

13 Private pension funds 1908.6 1558.6 2081.8 2329.2 2240.4 2299.9 2379.0 2416.7 2452.3 2385.7 2474.9 13

14 State and local govt. retirement funds 1260.4 1056.8 1421.5 1607.0 1581.0 1621.7 1687.9 1729.0 1819.0 1776.2 1900.5 14

15 Federal government retirement funds 49.1 45.9 79.9 99.3 99.5 101.8 108.2 115.6 122.3 119.5 126.6 15

16 Mutual funds 2834.0 2187.4 3051.3 3693.6 3669.9 3770.6 4029.8 4175.7 4517.0 4432.5 4597.0 16

17 Closed-end funds 31.1 33.7 52.3 81.5 87.8 95.1 102.8 104.7 108.9 107.0 110.4 17

18 Exchange-traded funds 83.0 98.2 146.3 217.7 217.4 230.2 245.5 281.0 305.8 317.5 331.6 18

19 Brokers and dealers 85.1 74.9 100.5 129.1 134.6 131.1 132.9 150.0 167.2 166.9 162.9 19

 Memo:

20 Market value of domestic corporations (4) 13316.1 10163.3 13042.1 14178.6 13752.7 13921.6 14294.8 14425.6 14922.3 14435.6 14931.7 20

(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 9, 11, 17, 18, and 19; 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 4135.4 3638.4 4654.2 5436.3 5471.6 5595.7 5874.4 6048.9 6464.1 6420.0 6625.8 1

 2 Holdings at market value 4135.4 3638.4 4654.2 5436.3 5471.6 5595.7 5874.4 6048.9 6464.1 6420.0 6625.8 2

 3 Household sector 2734.2 2420.5 3085.4 3610.7 3710.5 3781.7 3992.5 4121.4 4504.3 4504.4 4636.2 3

 4 Nonfinancial corporate business 112.5 94.6 124.8 139.8 139.8 143.3 151.2 156.3 165.3 164.3 170.2 4

 5 State and local governments 28.1 24.3 25.9 27.3 27.6 27.7 28.1 28.4 28.6 28.9 29.5 5

 6 Commercial banking 21.3 19.6 17.1 18.0 16.6 15.6 17.3 17.3 17.3 18.4 21.3 6

 7 Credit unions 3.7 3.5 4.1 3.1 2.8 2.6 2.2 2.2 2.3 2.0 2.0 7

 8 Life insurance companies 88.3 76.6 91.7 114.4 110.5 109.3 109.2 109.0 114.7 112.9 115.7 8

 9 Private pension funds 962.9 831.9 1097.2 1292.2 1237.5 1286.1 1339.2 1376.0 1384.9 1348.1 1397.4 9

10 State and local govt. retirement funds 184.3 167.4 208.0 230.5 226.2 229.5 234.7 238.3 246.7 240.9 253.5 10

(1) Shares of open-end investment companies; excludes shares of money market mutual funds, exchange-traded funds, and funding vehicles for variable annuities.
Z.1, December 7, 2006 91

L.215 Bank Loans Not Elsewhere Classified

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 Total loans by commercial

 1 banking, flow of funds basis 3957.8 4183.0 4422.6 4827.6 4942.0 5091.1 5259.2 5385.5 5526.8 5667.6 5788.8 1

 - Loans elsewhere classified:

 2 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 2

 3 Mortgages 1789.8 2058.3 2255.8 2595.3 2689.4 2790.5 2895.4 2956.6 3024.9 3132.0 3172.9 3

 4 Consumer credit 568.4 602.6 669.4 704.3 683.1 684.0 708.2 707.0 697.5 694.7 710.6 4

 5 Security credit 175.2 177.9 213.5 195.6 216.1 217.8 231.6 230.4 257.1 257.8 281.6 5

 6 = Banking sector total bank loans n.e.c. 1424.3 1344.2 1283.9 1332.4 1353.5 1398.9 1423.9 1491.4 1547.3 1583.0 1623.7 6

 7 U.S.-chartered commercial banks 1143.8 1085.7 1037.2 1080.0 1084.6 1118.4 1133.7 1170.1 1206.8 1238.1 1256.0 7

 8 Foreign banking offices in U.S. 256.1 237.5 220.4 226.8 244.2 255.4 265.3 287.4 306.5 317.8 340.2 8

 9 Bank holding companies 1.9 2.9 7.9 5.3 4.1 2.9 3.1 8.1 7.6 4.1 3.0 9

10 Banks in U.S.-affiliated areas 22.5 18.2 18.5 20.3 20.5 22.2 21.9 25.9 26.4 23.0 24.5 10

11 + Loans from Federal Reserve banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

12 = Total bank loans n.e.c. 1424.3 1344.2 1283.9 1332.4 1353.5 1398.9 1423.9 1491.4 1547.3 1583.0 1623.7 12

13 Total liabilities 1424.3 1344.2 1283.9 1332.4 1353.5 1398.9 1423.9 1491.4 1547.3 1583.0 1623.7 13

14 Nonfinancial sectors 1302.7 1201.4 1148.4 1163.3 1184.7 1235.6 1250.1 1313.2 1371.1 1410.1 1452.1 14

15 Households 43.5 21.0 38.8 23.1 24.4 36.8 35.3 46.8 61.9 73.9 82.8 15

16 Corporate business 743.7 635.5 561.6 576.2 587.7 608.3 615.3 638.4 662.5 671.8 689.9 16

17 Nonfarm noncorporate business 405.3 430.4 441.5 453.0 462.0 478.2 483.7 501.8 520.8 528.1 542.4 17

18 Farm business 46.9 46.0 45.5 47.7 44.3 47.2 49.5 50.0 47.8 51.2 53.1 18

19 Rest of the world 63.2 68.6 60.9 63.3 66.3 65.0 66.3 76.2 78.1 85.1 83.8 19

20 Foreign official institutions 4.3 5.1 4.6 5.5 5.7 5.2 2.8 2.6 2.2 2.6 2.3 20

21 Foreign banks 5.9 5.1 3.7 6.5 6.8 6.4 8.9 9.6 9.1 11.0 9.7 21

22 Other foreign 53.1 58.4 52.7 51.4 53.8 53.4 54.7 64.0 66.8 71.6 71.8 22

23 Financial sectors 121.7 142.8 135.6 169.1 168.8 163.3 173.8 178.3 176.3 172.9 171.6 23

24 Savings institutions 23.0 27.2 13.9 15.9 15.7 13.4 14.6 14.8 16.1 13.8 17.6 24

25 Finance companies 84.4 101.2 107.0 137.0 133.3 129.9 138.8 142.1 137.4 137.5 132.4 25

26 REITs 14.3 14.4 14.7 16.2 19.7 20.1 20.4 21.4 22.8 21.7 21.6 26
92 Z.1, December 7, 2006

L.216 Other Loans and Advances

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total other loans and advances 1444.5 1464.7 1499.2 1590.2 1604.8 1666.5 1664.8 1707.2 1702.9 1760.4 1763.0 1

 2 U.S. government loans 122.0 118.3 116.9 114.3 111.8 109.5 106.9 105.6 103.7 103.5 103.3 2

 3 Liab.: Household sector 15.0 14.2 13.5 12.6 12.4 12.2 12.0 11.8 11.7 11.7 11.9 3

 4 Nonfinancial corporate business 7.4 7.0 7.8 8.3 8.4 8.6 8.8 9.0 9.3 9.5 9.7 4

 5 Nonfarm noncorporate business 39.6 38.9 39.6 41.1 39.6 38.5 37.5 36.7 37.6 38.6 39.7 5

 6 Farm business 5.0 4.7 4.5 4.2 4.1 4.0 3.9 3.9 3.9 3.8 3.8 6

 7 State and local governments 8.9 9.4 9.7 9.9 9.9 10.0 10.2 10.3 10.5 10.7 10.8 7

 8 Rest of the world 46.1 44.1 42.0 38.3 37.4 36.2 34.4 33.7 30.8 29.2 27.3 8

 9 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 9

10 Foreign loans to U.S. corporate business 115.7 125.8 125.0 131.2 148.2 172.0 179.1 191.8 185.6 195.7 203.5 10

11 Liab.: Nonfinancial corporate business 115.7 125.8 125.0 131.2 148.2 172.0 179.1 191.8 185.6 195.7 203.5 11

 Customers’ liability on acceptances

12 outstanding (bank asset) 4.6 4.6 4.4 4.0 4.0 4.1 4.3 4.0 0.7 0.7 0.7 12

13 Liab.: Nonfinancial corporate business 4.1 4.4 4.2 3.8 3.8 3.9 4.0 3.8 0.5 0.5 0.5 13

14 Rest of the world 0.5 0.2 0.2 0.3 0.3 0.2 0.3 0.2 0.2 0.2 0.2 14

15 Savings institution loans to business 42.9 46.2 56.3 57.6 56.4 60.8 59.5 61.5 62.5 65.9 68.0 15

16 Liab.: Nonfinancial corporate business 21.5 23.1 28.1 28.8 28.2 30.4 29.7 30.8 31.2 33.0 34.0 16

17 Nonfarm noncorporate business 21.5 23.1 28.1 28.8 28.2 30.4 29.7 30.8 31.2 33.0 34.0 17

18 Policy loans (Household liability) 105.0 106.0 105.2 106.8 106.4 107.1 106.8 107.6 108.3 109.8 109.3 18

19 Asset: Federal government 0.9 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.6 19

20 Life insurance companies 104.1 105.1 104.5 106.1 105.7 106.4 106.1 106.9 107.6 109.1 108.7 20

21 Government-sponsored enterprise loans 505.9 514.7 545.8 619.4 623.2 657.8 662.2 669.1 670.2 697.6 701.8 21

22 Liab.: Household sector (SLMA) 0.4 0.4 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

23 Noncorporate business (FCS) 19.5 20.1 19.8 18.1 19.8 19.3 18.8 19.1 20.6 21.5 22.3 23

24 Farm business (FCS) 22.3 23.7 24.0 25.5 24.9 26.6 29.0 29.9 32.7 34.6 35.8 24

25 Commercial banks (FHLB and SLMA) 196.6 226.8 235.3 244.1 255.1 265.0 268.4 268.5 271.6 289.6 287.8 25

26 Savings institutions (FHLB and SLMA) 259.1 231.7 249.3 309.3 301.1 323.1 322.1 325.5 318.4 323.0 325.9 26

27 Credit unions (FHLB) 4.9 6.9 9.1 11.4 11.8 12.5 12.6 14.7 14.6 16.3 16.8 27

28 Life insurance companies (FHLB) 3.1 5.1 8.0 11.1 10.7 11.2 11.3 11.5 12.2 12.5 13.1 28

29 Securitized loans held by ABS issuers 108.3 105.0 103.9 105.3 107.0 99.7 95.0 88.5 89.2 90.7 86.9 29

30 Liab.: Nonfinancial corporate business 108.3 105.0 103.9 105.3 107.0 99.7 95.0 88.5 89.2 90.7 86.9 30

31 Finance company loans to business 440.2 444.0 441.7 451.5 447.9 455.6 451.0 479.2 482.8 496.4 489.6 31

32 Liab.: Nonfinancial corporate business 396.2 399.6 397.6 406.4 403.1 410.1 405.9 431.3 434.5 446.8 440.6 32

33 Nonfarm noncorporate business 44.0 44.4 44.2 45.2 44.8 45.6 45.1 47.9 48.3 49.6 49.0 33
Z.1, December 7, 2006 93

L.217 Total Mortgages

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total mortgages 7485.6 8366.6 9373.9 10677.8 10935.7 11319.7 11751.1 12145.8 12450.8 12765.5 13033.1 1

 2 Home 5639.5 6373.5 7174.3 8243.9 8445.0 8745.2 9087.8 9378.8 9612.3 9845.7 10028.9 2

 3 Multifamily residential 446.2 484.7 555.5 608.8 621.8 640.6 658.4 679.8 693.8 703.8 714.6 3

 4 Commercial 1282.0 1382.9 1510.5 1683.3 1725.9 1787.7 1856.5 1939.2 1994.3 2061.4 2130.4 4

 5 Farm 118.0 125.6 133.6 141.7 143.0 146.2 148.3 147.9 150.5 154.7 159.1 5

 6 Total liabilities 7485.6 8366.6 9373.9 10677.8 10935.7 11319.7 11751.1 12145.8 12450.8 12765.5 13033.1 6

 7 Household sector 5434.5 6144.4 6998.6 7995.1 8189.6 8480.4 8806.3 9102.2 9328.5 9558.6 9746.5 7

 8 Nonfinancial business 1965.5 2128.5 2273.2 2554.3 2612.1 2700.5 2801.0 2902.2 2975.1 3056.1 3134.3 8

 9 Corporate 418.7 453.1 509.6 556.0 567.6 585.9 609.4 642.3 659.7 681.7 708.7 9

10 Nonfarm noncorporate 1428.8 1549.8 1629.9 1856.7 1901.5 1968.3 2043.3 2111.9 2165.0 2219.7 2266.4 10

11 Farm 118.0 125.6 133.6 141.7 143.0 146.2 148.3 147.9 150.5 154.7 159.1 11

12 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

13 REITs 85.6 93.8 102.1 128.4 134.0 138.8 143.8 141.4 147.1 150.8 152.3 13

14 Total assets 7485.6 8366.6 9373.9 10677.8 10935.7 11319.7 11751.1 12145.8 12450.8 12765.5 13033.1 14

15 Household sector 125.4 136.2 147.9 160.2 163.4 166.9 170.3 173.3 176.9 180.6 184.5 15

16 Nonfinancial corporate business 46.6 49.6 51.8 67.9 71.9 76.0 80.0 84.0 88.1 92.1 96.2 16

17 Nonfarm noncorporate business 26.8 26.2 26.0 30.2 31.0 32.2 33.4 34.7 35.7 36.5 37.3 17

18 State and local governments 129.7 124.4 132.9 140.1 141.5 142.0 144.0 145.6 146.8 148.4 150.0 18

19 Federal government 75.8 76.3 73.8 75.4 75.7 75.8 76.8 77.8 78.2 80.0 80.8 19

20 Commercial banking 1789.8 2058.3 2255.8 2595.3 2689.4 2790.5 2895.4 2956.6 3024.9 3132.0 3172.9 20

21 Savings institutions (1) 758.0 781.0 870.2 1057.0 1068.4 1112.9 1140.9 1152.7 1192.4 1221.0 1248.8 21

22 Credit unions 141.3 159.4 182.6 213.2 217.6 228.9 237.4 245.6 250.7 262.5 272.9 22

23 Property-casualty insurance companies 1.9 2.0 2.1 2.4 2.5 2.5 2.7 2.7 2.7 2.9 2.9 23

24 Life insurance companies 243.0 250.0 260.9 273.3 275.0 278.4 280.9 285.5 288.3 295.3 298.1 24

25 Private pension funds 9.8 10.3 10.2 10.0 9.9 9.9 9.9 9.8 9.8 9.7 9.6 25

26 State and local govt. retirement funds 21.0 21.1 20.4 19.5 20.5 20.5 19.4 19.4 19.3 19.3 19.1 26

27 Government-sponsored enterprises (1) 297.5 357.3 463.3 478.4 479.0 477.6 476.0 477.2 477.6 478.0 477.3 27

28 Agency- and GSE-backed mortgage pools 2831.8 3158.6 3489.1 3542.2 3547.1 3567.9 3616.6 3677.0 3752.4 3813.3 3892.3 28

29 ABS issuers 710.8 795.4 967.0 1417.5 1534.7 1705.5 1905.3 2103.1 2180.6 2252.9 2330.2 29

30 Finance companies 258.4 330.8 370.3 476.1 481.9 491.1 505.8 541.4 560.6 572.3 591.7 30

31 REITs 18.0 29.8 49.6 118.8 126.4 141.2 156.2 159.4 165.8 168.8 168.4 31

(1) FHLB loans to savings institutions are included in other loans and advances.
94 Z.1, December 7, 2006

L.218 Home Mortgages (1)

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total liabilities 5639.5 6373.5 7174.3 8243.9 8445.0 8745.2 9087.8 9378.8 9612.3 9845.7 10028.9 1

 2 Household sector 5286.4 5970.3 6825.0 7801.6 7991.3 8275.0 8592.9 8879.3 9099.3 9321.7 9501.7 2

 3 Nonfinancial corporate business 16.2 16.9 18.6 22.7 24.0 25.8 27.5 29.4 31.5 33.4 35.0 3

 4 Nonfarm noncorporate business 336.9 386.4 330.7 419.5 429.7 444.4 467.4 470.0 481.4 490.5 492.2 4

 5 Total assets 5639.5 6373.5 7174.3 8243.9 8445.0 8745.2 9087.8 9378.8 9612.3 9845.7 10028.9 5

 6 Household sector 94.9 103.6 113.1 123.5 126.2 129.0 131.9 134.8 137.8 140.9 144.0 6

 7 Nonfinancial corporate business 23.0 24.9 26.1 41.2 45.0 48.8 52.6 56.4 60.2 64.0 67.7 7

 8 Nonfarm noncorporate business 9.9 9.6 9.6 11.1 11.4 11.9 12.3 12.8 13.2 13.4 13.7 8

 9 State and local governments 66.2 63.4 67.8 71.4 72.2 72.4 73.5 74.3 74.9 75.7 76.5 9

10 Federal government 17.1 16.2 15.3 14.8 14.7 14.7 14.5 14.4 14.4 14.6 14.6 10

11 Commercial banking 1023.9 1222.2 1347.0 1568.0 1633.2 1696.0 1750.9 1772.7 1804.0 1870.9 1875.0 11

12 Savings institutions 620.4 631.1 702.8 874.5 883.7 921.7 946.9 955.0 990.2 1013.5 1035.3 12

13 Credit unions 141.3 159.4 182.6 213.2 217.6 228.9 237.4 245.6 250.7 262.5 272.9 13

14 Life insurance companies 4.9 4.7 4.4 5.0 5.0 5.1 5.1 4.6 4.6 4.7 4.8 14

15 Private pension funds 4.6 2.8 1.7 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 15

16 State and local govt. retirement funds 6.9 6.8 6.3 6.8 7.4 7.4 7.0 7.0 6.9 6.9 6.9 16

17 Government-sponsored enterprises 225.6 271.1 363.3 362.9 360.2 355.6 349.3 348.1 347.0 345.5 343.6 17

18 Agency- and GSE-backed mortgage pools 2748.5 3063.7 3366.9 3416.5 3420.8 3440.8 3487.8 3546.2 3618.7 3676.8 3752.0 18

19 ABS issuers 434.1 488.3 609.4 1007.7 1106.9 1250.0 1429.2 1581.2 1641.7 1695.7 1746.9 19

20 Finance companies 209.7 285.6 320.2 422.0 428.8 438.8 454.1 489.8 507.9 517.4 536.3 20

21 REITs 8.7 20.1 37.8 103.7 110.5 122.7 134.0 134.5 138.8 141.5 137.3 21

 Memo:

22 Home equity loans included above (2) 439.0 501.1 593.4 778.4 806.8 854.1 883.7 913.7 936.9 981.1 1011.9 22

23 Commercial banking 258.6 303.3 366.0 483.6 501.0 530.8 540.6 549.0 555.6 582.7 589.0 23

24 Savings institutions 77.9 78.5 95.6 121.2 126.2 135.5 143.8 151.6 159.8 169.9 183.8 24

25 Credit unions 44.9 48.0 51.7 63.9 65.6 69.3 73.3 75.9 77.9 81.8 87.3 25

26 ABS issuers 12.5 15.4 16.1 26.1 28.7 30.9 35.1 39.2 42.0 43.3 44.5 26

27 Finance companies 45.0 56.0 64.0 83.7 85.3 87.5 90.8 98.0 101.6 103.5 107.3 27

(1) Mortgages on 1-4 family properties.

(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 446.2 484.7 555.5 608.8 621.8 640.6 658.4 679.8 693.8 703.8 714.6 1

 2 Nonfinancial corporate business 27.3 28.8 30.4 32.4 32.9 33.4 33.9 34.4 35.0 35.5 36.1 2

 3 Nonfarm noncorporate business 399.8 435.1 503.8 550.4 562.7 582.2 598.0 620.4 633.1 643.4 652.0 3

 4 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 REITs 19.0 20.7 21.3 26.0 26.2 24.9 26.5 25.0 25.8 24.9 26.6 5

 6 Total assets 446.2 484.7 555.5 608.8 621.8 640.6 658.4 679.8 693.8 703.8 714.6 6

 7 Household sector 1.4 1.4 1.5 1.5 1.5 1.5 1.5 1.5 1.6 1.6 1.6 7

 8 Nonfinancial corporate business 0.9 0.9 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.1 1.1 8

 9 Nonfarm noncorporate business 9.0 8.8 8.7 10.1 10.4 10.8 11.2 11.6 12.0 12.2 12.5 9

10 State and local governments 51.9 49.7 53.1 56.0 56.6 56.8 57.6 58.2 58.7 59.4 60.0 10

11 Federal government 13.7 14.3 14.5 15.0 15.1 15.0 14.8 14.9 14.7 14.6 14.6 11

12 Commercial banking 84.9 94.2 104.9 119.3 122.8 129.0 135.6 140.2 145.5 147.1 149.5 12

13 Savings institutions 64.6 68.6 77.9 87.4 90.3 95.0 96.7 98.2 100.1 102.2 103.4 13

14 Life insurance companies 35.6 36.8 38.6 40.5 40.7 41.2 41.6 42.4 42.8 43.9 44.3 14

15 Private pension funds 1.4 1.9 2.2 2.2 2.1 2.1 2.1 2.1 2.1 2.1 2.1 15

16 State and local govt. retirement funds 6.0 6.0 5.5 5.9 6.1 6.2 5.8 5.8 5.8 5.8 5.7 16

17 Government-sponsored enterprises 33.2 41.7 52.6 65.0 67.8 69.6 73.6 76.8 77.8 78.3 78.6 17

18 Agency- and GSE-backed mortgage pools 81.6 94.5 121.2 124.7 125.4 126.2 128.0 129.9 132.5 134.7 137.2 18

19 ABS issuers 53.4 58.7 66.6 73.0 74.7 79.0 81.6 89.5 91.3 93.5 96.6 19

20 Finance companies 6.8 5.5 5.7 5.6 5.6 5.5 5.5 5.6 5.6 5.2 5.0 20

21 REITs 1.8 1.5 1.7 1.6 1.7 1.6 1.7 1.8 2.3 2.2 2.5 21
Z.1, December 7, 2006 95

L.220 Commercial Mortgages

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total liabilities 1282.0 1382.9 1510.5 1683.3 1725.9 1787.7 1856.5 1939.2 1994.3 2061.4 2130.4 1

 2 Household sector 148.2 174.1 173.6 193.4 198.3 205.4 213.3 222.8 229.2 236.9 244.8 2

 3 Nonfinancial corporate business 375.2 407.4 460.6 500.8 510.6 526.7 548.0 578.5 593.3 612.8 637.7 3

 4 Nonfarm noncorporate business 692.1 728.3 795.5 886.7 909.1 941.7 977.9 1021.5 1050.4 1085.8 1122.2 4

 5 REITs 66.5 73.1 80.8 102.4 107.8 113.9 117.3 116.4 121.4 125.9 125.7 5

 6 Total assets 1282.0 1382.9 1510.5 1683.3 1725.9 1787.7 1856.5 1939.2 1994.3 2061.4 2130.4 6

 7 Household sector 7.9 8.6 9.2 9.9 10.0 10.2 10.4 10.5 10.7 10.9 11.0 7

 8 Nonfinancial corporate business 22.7 23.7 24.7 25.6 25.9 26.1 26.4 26.6 26.8 27.1 27.3 8

 9 Nonfarm noncorporate business 6.9 6.7 6.7 7.7 7.9 8.3 8.6 8.9 9.2 9.3 9.6 9

10 State and local governments 10.4 10.0 10.6 11.2 11.3 11.4 11.5 11.6 11.7 11.9 12.0 10

11 Federal government 41.0 42.1 40.5 42.4 42.6 43.0 44.2 45.2 46.0 47.5 48.4 11

12 Commercial banking 645.6 704.0 763.3 863.5 888.3 919.2 961.9 996.1 1027.0 1064.1 1097.4 12

13 Savings institutions 72.5 80.7 88.9 94.5 93.9 95.6 96.7 99.0 101.4 104.6 109.3 13

14 Property-casualty insurance companies 1.9 2.0 2.1 2.4 2.5 2.5 2.7 2.7 2.7 2.9 2.9 14

15 Life insurance companies 188.4 195.0 203.9 214.1 215.4 218.1 220.0 224.3 226.5 232.0 234.2 15

16 Private pension funds 3.7 5.7 6.4 6.4 6.4 6.4 6.4 6.3 6.3 6.2 6.2 16

17 State and local govt. retirement funds 8.1 8.3 8.6 6.8 7.0 7.0 6.6 6.6 6.5 6.6 6.5 17

18 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 18

19 ABS issuers 223.4 248.4 291.0 336.8 353.0 376.5 394.6 432.4 447.5 463.6 486.8 19

20 Finance companies 41.9 39.6 44.4 48.5 47.5 46.7 46.2 46.0 47.1 49.7 50.3 20

21 REITs 7.6 8.1 10.0 13.5 14.2 16.9 20.6 23.0 24.7 25.1 28.6 21

L.221 Farm Mortgages

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

 1 Total liabilities (Farm business) 118.0 125.6 133.6 141.7 143.0 146.2 148.3 147.9 150.5 154.7 159.1 1

 2 Total assets 118.0 125.6 133.6 141.7 143.0 146.2 148.3 147.9 150.5 154.7 159.1 2

 3 Household sector 21.2 22.7 24.1 25.4 25.6 26.2 26.5 26.4 26.8 27.4 27.9 3

 4 Nonfarm noncorporate business 1.1 1.0 1.0 1.2 1.2 1.3 1.3 1.4 1.4 1.5 1.6 4

 5 State and local governments 1.3 1.2 1.3 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 5

 6 Federal government 4.0 3.7 3.4 3.2 3.3 3.2 3.2 3.2 3.2 3.2 3.2 6

 7 Commercial banking 35.5 38.0 40.6 44.6 45.0 46.2 47.1 47.6 48.5 49.9 51.1 7

 8 Savings institutions 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.7 0.7 0.8 8

 9 Life insurance companies 14.1 13.5 14.0 13.8 13.9 14.0 14.2 14.2 14.3 14.7 14.8 9

10 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 10

11 Government-sponsored enterprises 38.7 44.5 47.4 50.6 51.1 52.4 53.1 52.2 52.8 54.1 55.1 11

12 Agency- and GSE-backed mortgage pools 1.7 0.4 1.0 0.9 0.9 0.9 0.8 0.8 1.3 1.8 3.1 12
96 Z.1, December 7, 2006

L.222 Consumer Credit

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total liabilities (Households) 1899.6 2013.0 2117.0 2233.9 2215.8 2240.1 2288.1 2325.3 2293.9 2328.8 2386.2 1

 2 Total assets 1899.6 2013.0 2117.0 2233.9 2215.8 2240.1 2288.1 2325.3 2293.9 2328.8 2386.2 2

 3 Nonfinancial corporate business 73.1 74.7 58.5 58.5 54.8 55.3 56.9 58.6 54.9 52.6 51.9 3

 4 Nonfarm 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 80.1 92.8 94.1 98.4 100.6 98.6 103.9 102.1 104.5 102.6 105.4 5

 6 Commercial banking 568.4 602.6 669.4 704.3 683.1 684.0 708.2 707.0 697.5 694.7 710.6 6

 7 Savings institutions 71.1 68.7 77.9 91.3 90.8 94.0 99.4 109.1 98.1 101.9 106.2 7

 8 Credit unions 189.6 195.7 205.9 215.4 216.7 221.3 229.5 228.6 227.3 230.4 234.6 8

 9 Government-sponsored enterprises 39.4 36.9 20.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

10 ABS issuers 598.0 634.1 597.7 573.8 576.4 591.8 581.7 603.3 612.1 639.7 649.8 10

11 Finance companies 280.0 307.5 393.0 492.3 493.4 495.1 508.4 516.5 499.6 506.8 527.8 11

L.223 Trade Credit

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

 1 Total trade payables 2372.3 2460.2 2485.2 2674.6 2721.6 2783.4 2867.6 2914.2 2950.5 3030.0 3087.5 1

 2 Household sector 132.9 152.0 156.8 158.8 159.3 159.8 160.3 160.8 161.3 161.8 162.3 2

 3 Nonfinancial corporate business 1437.7 1457.4 1402.7 1504.3 1533.9 1570.6 1623.0 1652.5 1669.6 1706.5 1742.2 3

 4 Nonfarm noncorporate business 255.0 281.0 256.5 284.6 290.1 298.5 306.7 315.6 322.3 327.1 332.8 4

 5 Farm business 21.3 21.9 22.6 23.5 23.3 23.1 22.9 22.8 26.7 30.7 34.7 5

 6 State and local governments 361.9 390.3 419.5 450.3 458.3 466.5 474.9 483.6 492.4 501.5 510.6 6

 7 Federal government 78.0 78.8 151.4 166.2 172.1 177.1 181.3 178.6 182.8 188.9 191.7 7

 8 Rest of the world 46.4 41.4 47.5 51.0 49.6 52.6 53.1 57.3 59.5 64.5 69.9 8

 9 Brokers and dealers 39.2 37.4 28.2 36.0 35.0 35.0 45.2 43.0 35.9 48.9 43.2 9

10 Total trade receivables 2512.8 2434.8 2420.2 2615.8 2725.0 2818.3 2887.2 2874.4 2961.8 3059.3 3112.3 10

11 Nonfinancial corporate business 1817.9 1719.6 1702.4 1827.8 1917.9 1980.1 2022.1 1982.5 2048.6 2122.0 2151.0 11

12 Nonfarm noncorporate business 343.9 362.8 338.6 392.5 403.0 419.3 435.1 452.1 464.9 474.2 485.1 12

13 State and local governments 115.9 118.4 126.5 133.4 134.7 135.2 137.2 138.7 139.8 141.3 144.2 13

14 Federal government 35.5 32.2 51.3 61.8 62.5 67.2 69.3 70.9 69.3 71.7 70.5 14

15 Rest of the world 41.6 44.2 45.7 44.6 47.5 50.7 52.3 52.4 55.9 60.1 62.1 15

16 Property-casualty insurance companies 69.9 74.8 79.3 79.6 82.2 85.0 84.9 82.1 84.1 86.0 87.1 16

17 ABS issuers 88.2 82.7 76.5 76.1 77.3 80.8 86.4 95.8 99.1 103.9 112.2 17

18 Discrepancy -140.5 25.3 64.9 58.9 -3.5 -34.9 -19.6 39.7 -11.3 -29.3 -24.8 18

L.224 Security Credit

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

 1 Total liabilities 825.9 738.8 871.3 1037.9 1051.5 1064.5 1068.0 1030.2 1105.2 1147.9 1180.7 1

 2 Household sector 196.4 148.2 182.5 264.0 266.1 263.5 258.0 232.3 249.5 243.8 254.3 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 629.5 590.6 688.8 773.9 785.4 800.9 809.9 797.9 855.7 904.1 926.5 4

 5 Customer credit balances (HH) 454.3 412.7 475.4 578.3 569.4 583.2 578.4 567.4 598.6 646.3 644.9 5

 6 From U.S.-chartered commercial banks 81.9 79.2 91.5 102.2 101.3 90.3 95.5 95.6 101.8 92.8 109.8 6

 7 From foreign banking offices in U.S. 93.3 98.7 121.9 93.4 114.7 127.5 136.1 134.8 155.3 165.0 171.8 7

 8 Total assets 825.9 738.8 871.3 1037.9 1051.5 1064.5 1068.0 1030.2 1105.2 1147.9 1180.7 8

 9 Household sector 454.3 412.7 475.4 578.3 569.4 583.2 578.4 567.4 598.6 646.3 644.9 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 Commercial banking 175.2 177.9 213.5 195.6 216.1 217.8 231.6 230.4 257.1 257.8 281.6 11

12 Brokers and dealers 196.4 148.2 182.5 264.0 266.1 263.5 258.0 232.3 249.5 243.8 254.3 12
Z.1, December 7, 2006 97

L.225 Life Insurance and Pension Fund Reserves

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 Life insurance reserves:

 1 Total liabilities 880.0 920.9 1013.2 1060.4 1059.4 1067.2 1077.7 1082.6 1091.6 1092.6 1103.1 1

 2 Federal government 37.8 39.4 40.5 41.6 41.6 42.0 42.1 42.7 42.8 43.3 43.5 2

 3 Life insurance companies 842.2 881.6 972.7 1018.8 1017.8 1025.2 1035.6 1039.9 1048.9 1049.2 1059.7 3

 4 Total assets (Households) 880.0 920.9 1013.2 1060.4 1059.4 1067.2 1077.7 1082.6 1091.6 1092.6 1103.1 4

 Pension fund reserves:

 5 Total liabilities 8766.4 8068.0 9672.7 10636.8 10461.7 10666.5 10954.2 11176.7 11393.8 11271.4 11633.8 5

 6 Life insurance companies 1558.5 1604.9 1803.2 2027.9 2055.9 2099.5 2152.2 2197.4 2281.9 2287.2 2345.0 6

 7 Private pension funds (1) 4094.7 3589.2 4517.2 4965.5 4803.5 4920.7 5066.5 5159.5 5205.5 5107.3 5262.4 7

 8 State and local govt. retirement funds 2253.5 1980.0 2393.9 2620.0 2588.0 2631.2 2697.8 2745.3 2838.0 2802.3 2927.9 8

 9 Federal government retirement funds (2) 859.7 893.8 958.5 1023.5 1014.2 1015.1 1037.6 1074.5 1068.4 1074.6 1098.5 9

10 Total assets (Households) (3) 8766.4 8068.0 9672.7 10636.8 10461.7 10666.5 10954.2 11176.7 11393.8 11271.4 11633.8 10

(1) Includes unallocated insurance company contracts beginning 1985:Q4.

(2) Includes the Federal Employees Thrift Savings Plan, the National Railroad Retirement Investment Trust, and nonmarketable government securities held by 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 219.2 241.4 240.5 268.1 285.0 287.7 295.8 295.7 311.6 311.8 321.1 1

 2 Nonfinancial corporate business 81.0 93.0 81.2 88.0 99.7 98.1 99.7 93.1 102.5 97.6 101.0 2

 3 Nonfarm noncorporate business 68.7 70.2 69.7 77.3 78.7 81.0 83.2 85.6 87.4 88.7 90.2 3

 4 U.S.-chartered commercial banks 13.5 16.2 19.1 22.2 23.0 23.9 24.8 25.6 26.5 27.4 28.4 4

 5 Savings institutions 1.7 1.5 1.3 1.9 1.8 1.9 2.1 2.6 3.0 2.8 2.9 5

 6 Property-casualty insurance companies 22.4 25.6 29.3 33.5 34.6 35.8 37.0 38.2 39.4 40.7 42.0 6

 7 Life insurance companies 19.7 22.1 24.9 28.1 28.9 29.8 30.7 31.6 32.6 33.6 34.6 7

 8 Finance companies 10.2 11.6 13.2 15.0 15.5 16.0 16.5 17.1 17.6 18.2 18.7 8

 9 Brokers and dealers 1.9 1.3 1.8 2.2 2.6 1.3 1.8 1.9 2.6 2.8 3.3 9

10 Total business taxes receivable 125.9 115.1 171.1 171.9 193.0 190.6 214.9 200.3 218.5 237.5 264.4 10

11 State and local governments 46.1 50.8 68.4 89.0 97.7 107.7 116.7 126.4 139.0 155.6 170.3 11

12 Federal government 79.8 64.3 102.8 82.9 95.3 83.0 98.2 74.0 79.5 81.9 94.1 12

13 Discrepancy 93.3 126.3 69.3 96.2 91.9 97.0 80.8 95.4 93.1 74.3 56.7 13

L.227 Proprietors’ Equity in Noncorporate Business

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

 1 Total household equity 4805.7 4970.0 5399.6 5957.7 6133.1 6357.7 6555.0 6739.9 6942.3 7055.0 7140.9 1

 2 Nonfarm noncorporate business 3823.4 3938.9 4296.8 4679.1 4799.9 4987.5 5134.5 5267.9 5442.4 5538.7 5607.8 2

 3 Farm business 976.1 1026.1 1098.1 1274.2 1328.3 1365.2 1415.3 1467.3 1493.5 1510.0 1527.4 3

 4 Brokers and dealers 6.2 5.0 4.8 4.4 4.8 5.0 5.2 4.6 6.4 6.4 5.7 4
98 Z.1, December 7, 2006

L.228 Total Miscellaneous Financial Claims

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total liabilities 11281.6 11976.1 12431.7 13877.4 13895.1 14106.8 13878.6 13982.4 13807.0 13807.1 14043.7 1

 2 Household sector 19.1 20.0 20.9 22.5 22.7 23.5 22.7 22.4 22.6 22.7 22.8 2

 3 Nonfinancial corporate business 3561.7 3627.9 3528.0 3721.6 3695.3 3642.6 3536.6 3448.9 3334.6 3209.6 3138.0 3

 4 Nonfarm noncorporate business 607.3 625.9 648.8 738.7 756.4 771.0 772.2 788.1 797.0 800.1 818.2 4

 5 Federal government 772.0 798.2 831.3 880.3 871.6 869.9 886.5 904.0 889.9 894.3 909.3 5

 6 Rest of the world 1980.8 2282.0 2292.7 2940.5 2923.6 3049.9 2755.9 2932.4 2800.2 2866.4 2969.0 6

 7 Monetary authority 7.7 30.3 34.5 44.4 37.4 40.2 42.0 47.8 42.8 46.8 49.6 7

 8 Commercial banking 1256.6 1430.8 1549.2 1700.3 1726.7 1776.9 1718.3 1689.3 1720.7 1761.3 1740.5 8

 9 Savings institutions 123.3 148.9 146.9 180.6 183.0 187.8 194.0 209.0 214.0 215.6 243.9 9

10 Credit unions 3.8 5.7 7.4 9.3 8.7 12.1 14.2 11.9 9.9 9.8 13.0 10

11 Property-casualty insurance companies 574.6 615.7 667.2 710.8 720.4 727.5 753.5 762.5 768.3 777.5 785.2 11

12 Life insurance companies 611.2 626.7 730.6 783.9 801.4 810.6 829.0 808.0 827.0 835.1 851.2 12

13 Government-sponsored enterprises 141.5 169.2 142.6 141.5 137.8 139.5 143.9 143.5 120.0 108.1 121.6 13

14 Finance companies 471.6 539.4 666.4 719.7 683.1 696.8 741.4 702.7 703.2 694.3 708.1 14

15 REITs 38.0 40.6 42.3 49.9 47.1 50.4 51.9 51.3 53.6 55.3 60.9 15

16 Brokers and dealers 374.6 301.7 346.3 420.9 415.1 442.3 461.7 474.8 467.0 498.7 519.6 16

17 Funding corporations 737.9 713.2 776.5 812.3 864.9 866.0 954.9 985.9 1035.9 1011.4 1092.8 17

18 Total assets 14731.8 15246.1 15458.5 16756.1 17012.6 17211.2 17329.9 17361.0 17406.6 17660.1 17871.4 18

19 Household sector 389.4 420.0 462.0 502.8 510.3 518.0 536.7 528.1 536.1 543.2 549.2 19

20 Nonfinancial corporate business 6940.5 7063.3 7118.5 7700.2 7685.6 7746.0 7767.3 7839.7 7880.3 7940.2 8038.6 20

21 Nonfarm noncorporate business 683.6 724.2 791.5 912.1 935.3 971.1 1007.7 1045.3 1073.3 1094.2 1118.7 21

22 Farm business 47.3 51.4 56.0 60.6 61.1 62.0 64.6 65.4 65.7 66.4 67.4 22

23 State and local governments 133.9 105.4 99.3 96.0 66.8 63.0 67.8 50.6 44.8 31.6 19.9 23

24 Federal government 100.3 100.3 101.7 102.3 101.2 100.9 100.6 100.9 102.6 102.8 102.5 24

25 Rest of the world 1788.8 1942.5 1465.4 1565.5 1783.5 1656.0 1567.4 1477.2 1360.2 1360.9 1321.4 25

26 Monetary authority 20.3 19.6 18.2 18.6 17.5 17.9 17.3 18.1 17.5 17.6 17.8 26

27 Commercial banking 1347.9 1443.4 1566.8 1720.9 1729.7 1778.9 1817.1 1793.2 1781.2 1809.9 1782.1 27

28 Savings institutions 84.5 103.6 99.2 98.5 88.0 87.8 90.4 108.4 113.0 121.1 118.6 28

29 Credit unions 18.3 30.4 26.3 24.5 28.5 30.3 29.2 24.2 20.2 19.7 19.7 29

30 Property-casualty insurance companies 54.4 84.1 85.0 91.6 95.5 96.4 98.9 107.3 108.9 111.3 113.6 30

31 Life insurance companies 40.1 46.8 74.7 126.6 148.5 158.1 163.7 153.1 141.4 134.9 118.0 31

32 Private pension funds 426.8 408.4 474.8 479.6 462.8 465.3 470.4 481.3 480.3 475.8 480.9 32

33 State and local govt. retirement funds 10.0 10.4 11.3 11.8 0.2 5.1 11.2 13.7 10.8 11.3 11.2 33

34 Federal government retirement funds 765.8 790.3 815.0 855.9 844.3 840.1 854.2 882.9 868.8 873.3 888.2 34

35 Money market mutual funds 65.1 56.5 56.2 53.3 45.5 47.1 52.0 47.1 48.4 49.4 63.7 35

36 Mutual funds 0.9 0.9 2.0 7.0 8.3 8.0 9.8 10.7 14.4 13.5 13.5 36

37 Government-sponsored enterprises 68.9 90.9 107.4 110.7 106.8 100.0 97.1 101.2 99.0 100.9 99.8 37

38 Finance companies 294.9 329.7 437.4 397.5 378.0 384.7 268.8 275.6 265.5 235.1 215.4 38

39 REITs 22.9 25.1 29.5 40.7 43.7 46.8 48.6 49.4 54.7 58.4 58.3 39

40 Brokers and dealers 821.0 723.7 858.8 994.0 1048.5 1139.8 1245.2 1220.4 1311.7 1447.1 1538.9 40

41 Funding corporations 606.4 675.1 701.3 785.3 823.1 887.7 944.2 967.2 1007.9 1041.5 1114.0 41

42 Discrepancy -3450.2 -3269.9 -3026.9 -2878.7 -3117.5 -3104.3 -3451.4 -3378.6 -3599.6 -3853.0 -3827.7 42
Z.1, December 7, 2006 99

L.229 Identified Miscellaneous Financial Claims - Part I

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 U.S. direct investment abroad:

 1 Liab.: Rest of the world 1693.1 1867.0 2059.9 2399.2 2433.8 2472.7 2448.5 2453.9 2521.1 2572.9 2633.5 1

 2 Asset: Nonfinancial corporate business 1462.7 1583.9 1723.9 1998.2 2020.3 2059.5 2028.9 2048.4 2106.4 2150.1 2198.2 2

 3 Commercial banking 49.6 49.9 56.3 78.2 79.3 79.1 79.8 69.8 72.7 73.9 77.0 3

 4 Property-casualty insurance companies 54.4 84.1 85.0 91.6 95.5 96.4 98.9 107.3 108.9 111.3 113.6 4

 5 Life insurance companies 18.2 24.5 27.9 30.1 30.7 30.0 31.2 35.1 35.7 36.2 36.7 5

 6 Finance companies 93.9 111.7 151.3 181.0 187.2 187.5 189.0 169.3 172.5 175.0 181.1 6

 7 Brokers and dealers 14.3 12.9 15.4 20.1 21.0 20.2 20.6 24.0 24.9 26.4 26.9 7

 Foreign direct investment in U.S.:

 8 Liab.: Nonfinancial corporate business 1232.6 1167.7 1192.6 1238.1 1251.5 1248.2 1249.1 1309.6 1340.5 1352.1 1354.2 8

 9 Nonfarm noncorporate business 2.9 2.8 2.4 2.5 2.5 2.6 2.5 2.6 2.6 2.6 2.7 9

10 Commercial banking 67.2 73.3 85.2 122.7 128.0 130.2 131.6 130.9 136.2 138.6 141.8 10

11 Property-casualty insurance companies 66.4 63.3 68.2 63.9 66.5 64.2 63.0 63.3 66.2 67.8 70.1 11

12 Life insurance companies 38.8 49.6 46.6 65.5 66.4 67.5 68.7 68.7 72.6 81.5 87.3 12

13 Finance companies 68.6 49.9 68.1 64.4 65.6 66.7 67.4 75.5 75.3 74.7 74.2 13

14 Brokers and dealers 72.2 78.6 87.3 94.1 92.5 92.0 91.7 93.9 93.3 93.9 93.3 14

15 Funding corporations -30.3 14.7 26.5 75.9 85.2 97.0 141.0 129.7 133.3 159.4 194.7 15

16 Asset: Rest of the world 1518.5 1500.0 1577.0 1727.1 1758.2 1768.4 1815.1 1874.3 1920.1 1970.6 2018.3 16

 Federal government equity in IBRD, etc.:

17 Liab.: Rest of the world 37.1 38.6 40.0 42.0 42.3 42.7 43.0 43.2 45.1 45.3 45.6 17

18 Asset: Federal government 37.1 38.6 40.0 42.0 42.3 42.7 43.0 43.2 45.1 45.3 45.6 18

 Federal Reserve Bank stock:

19 Liab.: Monetary authority 7.4 8.4 8.8 11.9 12.6 12.9 13.3 13.5 13.8 15.0 15.1 19

20 Asset: Commercial banking 7.4 8.4 8.8 11.9 12.6 12.9 13.3 13.5 13.8 15.0 15.1 20

 Equity in government-sponsored enterprises:

21 Liab.: Government-sponsored enterprises 37.1 39.1 42.3 45.2 45.1 45.9 46.7 46.7 47.3 47.3 47.4 21

22 Asset: Nonfin. corporate business (FNMA) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

23 Nonfarm noncorporate (BC) 1.8 1.8 2.1 2.4 2.1 1.9 1.8 1.8 1.8 1.8 1.8 23

24 Farm business (FICB and FLB) 2.0 2.1 2.5 2.7 2.6 2.6 2.8 2.8 2.9 2.9 3.0 24

25 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

26 Commercial banks (FHLB) 15.2 17.5 18.7 19.3 20.0 20.0 20.2 20.2 20.5 20.6 20.0 26

27 Savings institutions (FHLB) 17.0 16.0 16.4 17.4 17.1 18.1 18.5 18.5 18.7 18.7 19.2 27

28 Credit unions (FHLB) 0.9 1.2 1.4 1.7 1.7 1.7 1.8 1.8 1.8 1.8 1.9 28

29 Life insurance companies (FHLB) 0.3 0.5 1.1 1.7 1.7 1.6 1.6 1.6 1.6 1.5 1.5 29

 BHC investment in subsidiaries:

30 Liab.: Commercial banking 586.1 639.2 689.8 857.0 853.3 876.3 878.0 897.0 914.5 929.7 962.0 30

31 Savings institutions 7.4 8.3 9.3 10.5 10.8 11.1 11.4 11.8 12.1 12.5 12.8 31

32 Finance companies 56.5 54.9 64.3 77.9 76.2 78.3 83.7 156.1 159.1 163.3 167.9 32

33 Brokers and dealers 155.6 156.1 191.4 252.9 239.1 245.0 269.6 216.4 180.8 187.2 190.9 33

34 Asset: Bank holding companies 805.6 858.5 954.8 1198.2 1179.3 1210.7 1242.8 1281.2 1266.5 1292.7 1333.6 34

 NFC inv. in finance company subs.:

35 Liab.: Finance companies 100.1 124.8 138.6 179.9 178.3 181.7 187.3 156.1 159.1 163.3 167.9 35

36 Asset: Nonfinancial corporate business 100.1 124.8 138.6 179.9 178.3 181.7 187.3 156.1 159.1 163.3 167.9 36

 Funding corp. investment in subs.:

37 Liab.: Foreign banking offices in U.S. 108.7 127.8 135.0 167.7 169.1 184.8 189.8 188.8 212.9 215.0 211.8 37

38 Brokers and dealers 497.6 547.3 566.3 617.5 654.0 703.0 754.4 778.5 795.0 826.5 902.2 38

39 Asset: Funding corporations 606.4 675.1 701.3 785.3 823.1 887.7 944.2 967.2 1007.9 1041.5 1114.0 39
100 Z.1, December 7, 2006

L.230 Identified Miscellaneous Financial Claims - Part II

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 Nonofficial foreign currencies:

 1 Liab.: Rest of the world 2.5 2.6 2.8 2.8 0.7 0.6 0.6 0.6 0.6 0.6 0.6 1

 2 Asset: Federal government 2.5 2.6 2.8 2.8 0.7 0.6 0.6 0.6 0.6 0.6 0.6 2

 Postal Savings System deposits:

 3 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 3

 4 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 4

 Deposits at Federal Home Loan Banks:

 5 Liab.: Government-sponsored enterprises 25.7 27.6 20.5 18.3 18.2 17.8 19.1 19.1 21.5 18.6 18.2 5

 6 Asset: Savings institutions 25.7 27.6 20.5 18.3 18.2 17.8 19.1 19.1 21.5 18.6 18.2 6

 Deferred and unpaid life insurance premiums:

 7 Liab.: Household sector 19.1 20.0 20.9 22.5 22.7 23.5 22.7 22.4 22.6 22.7 22.8 7

 8 Asset: Life insurance companies 19.1 20.0 20.9 22.5 22.7 23.5 22.7 22.4 22.6 22.7 22.8 8

 Life insurance company reserves:

 9 Liab.: Life insurance companies 175.4 185.6 199.5 211.0 212.7 213.8 218.4 217.3 224.0 227.9 231.9 9

10 Health 100.5 110.6 121.5 131.3 132.5 133.4 137.9 138.3 141.7 144.8 148.0 10

11 Policy dividend accumulation 40.4 40.6 40.5 41.7 42.2 42.3 42.6 42.7 43.2 43.5 43.8 11

12 Policy and contract claims 34.4 34.5 37.5 38.0 38.0 38.1 38.0 36.3 39.1 39.6 40.2 12

13 Asset: Household sector 175.4 185.6 199.5 211.0 212.7 213.8 218.4 217.3 224.0 227.9 231.9 13

 Policy payables:

14 Liab.: Property-casualty insurance companies 508.2 552.4 599.0 646.9 653.9 663.4 690.5 699.2 702.1 709.7 715.2 14

15 Asset: Household sector 214.0 232.4 252.0 273.0 276.0 280.0 291.4 295.1 296.4 299.6 301.5 15

16 Nonfinancial corporate business 200.8 218.2 236.6 255.5 258.3 262.0 272.7 276.2 277.3 280.3 282.0 16

17 Nonfarm noncorporate business 48.3 52.5 56.9 60.5 61.1 62.0 64.5 65.3 65.6 66.3 67.3 17

18 Farm business 45.3 49.3 53.5 57.9 58.5 59.3 61.8 62.5 62.8 63.5 64.4 18

 Unallocated insurance company contracts:

19 Liab.: Life insurance companies 275.8 249.6 317.0 328.4 316.0 322.2 327.5 338.4 340.8 339.1 347.0 19

20 Asset: Private pension funds 275.8 249.6 317.0 328.4 316.0 322.2 327.5 338.4 340.8 339.1 347.0 20

 Pension fund contributions payable:

21 Liab.: Nonfinancial corporate business 48.4 49.9 49.8 46.6 45.5 43.9 46.2 44.8 44.3 43.8 43.3 21

22 Asset: Private pension funds 48.4 49.9 49.8 46.6 45.5 43.9 46.2 44.8 44.3 43.8 43.3 22

 Securities borrowed (net):

23 Liab.: Funding corporations 578.3 575.4 678.0 764.8 822.4 900.4 989.2 956.3 1015.4 1130.2 1214.2 23

24 Asset: Brokers and dealers 578.3 575.4 678.0 764.8 822.4 900.4 989.2 956.3 1015.4 1130.2 1214.2 24

 Nonmarketable government securities:

25 Liab.: Federal government 765.8 790.3 815.0 855.9 844.3 840.1 854.2 882.9 868.8 873.3 888.2 25

26 Asset: Federal government retirement funds 765.8 790.3 815.0 855.9 844.3 840.1 854.2 882.9 868.8 873.3 888.2 26

 Uniformed Services Retiree Health Care Fund:

27 Liab.: Federal government 0.0 1.9 10.5 18.8 21.6 24.3 26.8 15.7 15.7 15.7 15.8 27

28 Asset: Household sector 0.0 1.9 10.5 18.8 21.6 24.3 26.8 15.7 15.7 15.7 15.8 28
Z.1, December 7, 2006 101

L.231 Unidentified Miscellaneous Financial Claims

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

2001 2002 2003 2004 2005 2006

 Q1 Q2 Q3 Q4 Q1 Q2 Q3

 1 Total liabilities 4077.2 4409.3 4196.2 4572.6 4464.2 4434.1 3942.6 3949.6 3570.4 3276.9 3171.1 1

 2 Nonfinancial corporate business 2280.7 2410.3 2285.6 2436.8 2398.3 2350.5 2241.2 2094.5 1949.9 1813.8 1740.5 2

 3 Nonfarm noncorporate business 604.3 623.1 646.4 736.2 753.8 768.4 769.7 785.5 794.4 797.5 815.5 3

 4 Federal government 6.2 6.0 5.8 5.6 5.6 5.5 5.6 5.4 5.4 5.3 5.3 4

 5 Rest of the world 248.1 373.8 190.0 496.6 446.7 533.9 263.9 434.7 233.5 247.7 289.3 5

 6 Monetary authority 0.4 21.9 25.7 32.5 24.9 27.3 28.7 34.3 29.1 31.8 34.5 6

 7 Commercial banking 494.5 590.4 639.2 552.9 576.3 585.6 518.8 472.6 457.1 478.0 424.9 7

 8 U.S.-chartered commercial banks 173.7 210.6 263.2 319.2 303.2 284.7 264.2 270.6 298.2 279.5 316.0 8

 9 Foreign banking offices in U.S. 141.0 160.7 102.9 -80.4 -43.0 -28.6 5.0 -56.1 -101.9 -69.1 -165.8 9

10 Bank holding companies 150.8 190.9 241.4 271.6 273.2 287.6 207.8 216.0 219.3 225.7 235.5 10

11 Banks in U.S.-affiliated areas 29.0 28.3 31.7 42.5 42.8 42.0 41.8 42.2 41.6 41.7 39.2 11

12 Savings institutions 115.9 140.6 137.6 170.1 172.2 176.7 182.5 197.2 201.9 203.1 231.0 12

13 Credit unions 3.8 5.7 7.4 9.3 8.7 12.1 14.2 11.9 9.9 9.8 13.0 13

14 Life insurance companies 121.2 141.9 167.5 179.1 206.3 207.1 214.4 183.7 189.6 186.5 185.0 14

15 Government-sponsored enterprises 78.7 102.5 79.8 77.9 74.5 75.8 78.0 77.7 51.2 42.2 56.0 15

16 Finance companies 246.3 309.8 395.4 397.6 363.1 370.1 402.9 314.9 309.7 292.9 298.1 16

17 REITs 38.0 40.6 42.3 49.9 47.1 50.4 51.9 51.3 53.6 55.3 60.9 17

18 Brokers and dealers -350.8 -480.3 -498.7 -543.7 -570.5 -597.7 -654.0 -614.0 -602.2 -608.9 -666.9 18

19 Funding corporations 189.9 123.1 72.0 -28.4 -42.8 -131.4 -175.3 -100.1 -112.8 -278.2 -316.2 19

20 Total assets 7527.4 7679.2 7223.0 7451.3 7581.7 7538.5 7394.0 7328.2 7170.0 7129.8 6998.8 20

21 Nonfinancial corporate business 5176.9 5136.4 5019.4 5266.6 5228.8 5242.7 5278.4 5359.0 5337.5 5346.5 5390.5 21

22 Nonfarm noncorporate business 633.5 670.0 732.6 849.2 872.1 907.3 941.4 978.2 1005.9 1026.1 1049.6 22

23 State and local governments 133.9 105.4 99.3 96.0 66.8 63.0 67.8 50.6 44.8 31.6 19.9 23

24 Federal government 60.7 59.1 58.9 57.5 58.2 57.6 57.0 57.1 56.9 57.0 56.3 24

25 Rest of the world 270.3 442.6 -111.5 -161.5 25.3 -112.3 -247.7 -397.1 -559.9 -609.7 -696.9 25

26 Monetary authority 20.3 19.6 18.2 18.6 17.5 17.9 17.3 18.1 17.5 17.6 17.8 26

27 Commercial banking 470.1 509.0 528.2 413.2 438.5 456.1 461.1 408.4 407.8 407.7 336.4 27

28 U.S.-chartered commercial banks 158.2 178.9 204.3 176.9 193.4 189.0 180.4 189.7 195.6 200.6 188.3 28

29 Foreign banking offices in U.S. 187.2 184.2 157.6 36.8 39.7 52.7 65.2 2.8 -14.0 -33.9 -92.8 29

30 Bank holding companies 112.2 139.5 161.9 194.4 199.9 209.2 210.1 210.6 220.1 232.6 234.9 30

31 Banks in U.S.-affiliated areas 12.5 6.4 4.3 5.2 5.5 5.1 5.4 5.3 6.1 8.5 5.9 31

32 Savings institutions 41.9 59.9 62.3 62.8 52.7 51.9 52.8 70.8 72.7 83.8 81.2 32

33 Credit unions 17.4 29.2 24.9 22.8 26.8 28.6 27.5 22.4 18.4 17.9 17.9 33

34 Life insurance companies 2.5 1.8 24.8 72.3 93.4 103.0 108.2 94.0 81.5 74.4 57.0 34

35 Private pension funds 102.6 108.9 108.0 104.5 101.3 99.2 96.7 98.2 95.2 92.9 90.6 35

36 State and local govt. retirement funds 10.0 10.4 11.3 11.8 0.2 5.1 11.2 13.7 10.8 11.3 11.2 36

37 Mutual funds 0.9 0.9 2.0 7.0 8.3 8.0 9.8 10.7 14.4 13.5 13.5 37

38 Money market mutual funds 65.1 56.5 56.2 53.3 45.5 47.1 52.0 47.1 48.4 49.4 63.7 38

39 Government-sponsored enterprises 68.9 90.9 107.4 110.7 106.8 100.0 97.1 101.2 99.0 100.9 99.8 39

40 Finance companies 200.9 218.1 286.1 216.6 190.8 197.2 79.7 106.3 93.1 60.1 34.3 40

41 REITs 22.9 25.1 29.5 40.7 43.7 46.8 48.6 49.4 54.7 58.4 58.3 41

42 Brokers and dealers 228.4 135.4 165.4 209.0 205.1 219.2 235.4 240.1 271.3 290.5 297.8 42

43 Discrepancy -3450.2 -3269.9 -3026.9 -2878.7 -3117.5 -3104.3 -3451.4 -3378.6 -3599.6 -3853.0 -3827.7 43