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Current Table

Assets And Liabilities Of The Personal Sector, 1987-2007 (1)

($ billions, end of year)

  Value   Percent of total  
  1987 1997 2007 1987 1997 2007
Total financial assets $9,378.8 $24,307.8 $40,706.5 100.0% 100.0% 100.0%
Foreign deposits 9.8 37.2 81.1 0.1 0.2 0.2
Checkable deposits and currency 502.5 567.3 470.2 5.4 2.3 1.2
Time and savings deposits 2,234.5 2,677.2 6,313.6 23.8 11.0 15.5
Money market fund shares 267.7 625.2 1,453.9 2.9 2.6 3.6
Securities 2,986.3 11,190.0 14,571.6 31.8 46.0 35.8
     Open market paper 55.3 77.1 159.7 0.6 0.3 0.4
     U.S. savings bonds 101.1 186.5 196.4 1.1 0.8 0.5
     Other Treasury securities 220.6 648.9 190.8 2.4 2.7 0.5
     Agency- and GSE (2)-backed securities 32.8 398.9 889.4 0.3 1.6 2.2
     Municipal securities 516.6 500.8 918.3 5.5 2.1 2.3
     Corporate and foreign bonds 172.7 613.9 1,627.3 1.8 2.5 4.0
     Corporate equities (3) 1,462.6 6,815.2 5,454.1 15.6 28.0 13.4
     Mutual fund shares 424.5 1,948.8 5,135.6 4.5 8.0 12.6
Private life insurance reserves 289.5 632.7 1,156.1 3.1 2.6 2.8
Private insured pension reserves 348.6 1,116.3 2,526.8 3.7 4.6 6.2
Private noninsured pension reserves 1,386.0 3,759.9 5,855.2 14.8 15.5 14.4
Govt insurance and pension reserves 790.3 2,510.8 4,428.3 8.4 10.3 10.9
Miscellaneous and other assets 563.7 1,191.1 3,849.7 6.0 4.9 9.5
Total liabilities 4,140.8 7,633.5 19,607.0 100.0 100.0 100.0
Mortgage debt on nonfarm homes 1,919.2 3,910.5 11,116.1 46.3 51.2 56.7
Other mortgage debt (4) 781.5 909.8 2,353.1 18.9 11.9 12.0
Consumer credit 698.6 1,344.2 2,556.6 16.9 17.6 13.0
Policy loans 55.3 104.6 114.5 1.3 1.4 0.6
Security credit 41.8 131.2 325.5 1.0 1.7 1.7
Other liabilities (4) 644.3 1,233.2 3,141.2 15.6 16.2 16.0
Source: Board of Governors of the Federal Reserve System, June 5, 2008.