SIFMA Research tracks U.S. agency debt markets including issuance, trading and outstanding data. All data is broken out by agency.

YTD 2026 statistics include:

  • Issuance (through March) $418.8 billion, +9.4% Y/Y
  • Trading (through March) $3.4 billion ADV, -0.04% Y/Y
  • Outstanding (as of 4Q25) $2.0 trillion, +0.3% Y/Y

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