# United States Securities in Bank Credit, All Commercial Banks

United States Securities in Bank Credit, All Commercial Banks was up 2.5% year on year in September 2026, compared with 3.4% in August 2026.
The level stood at 5,783.1 USD bn.
That is the lowest reading since June 2024.
Over the past ten years it has ranged from −11.3% (Aug 2023) to 28.8% (May 2021), averaging 6.5%.
The next update is expected on 13 November 2026.

- Source agency: Board of Governors of the Federal Reserve System (Data Download Program)
- Makrognosis code: `US.BANKSEC.M.SA`
- Frequency: monthly
- Units: USD bn
- Coverage: 1966-01-01 to 2026-09-01 (729 observations)
- Page: https://makrognosis.robomacro.com/data/united-states/securities-in-bank-credit-all-commercial-banks

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| September 2026 | 5,783.1 USD bn | 2.5 |
| August 2026 | 5,813.8 USD bn | 3.4 |
| July 2026 | 5,836.0 USD bn | 4.4 |
| June 2026 | 5,787.6 USD bn | 4.2 |
| May 2026 | 5,757.6 USD bn | 4.1 |
| April 2026 | 5,733.8 USD bn | 4.2 |
| March 2026 | 5,743.9 USD bn | 5.8 |
| February 2026 | 5,720.9 USD bn | 6.2 |
| January 2026 | 5,682.8 USD bn | 5.8 |
| December 2025 | 5,631.5 USD bn | 4.8 |
| November 2025 | 5,664.7 USD bn | 5.2 |
| October 2025 | 5,658.9 USD bn | 5.0 |
| September 2025 | 5,644.5 USD bn | 5.5 |
| August 2025 | 5,623.4 USD bn | 5.9 |
| July 2025 | 5,588.2 USD bn | 6.0 |
| June 2025 | 5,556.4 USD bn | 6.2 |
| May 2025 | 5,531.9 USD bn | 6.7 |
| April 2025 | 5,502.7 USD bn | 6.3 |
| March 2025 | 5,429.6 USD bn | 4.0 |
| February 2025 | 5,384.9 USD bn | 5.1 |
| January 2025 | 5,370.8 USD bn | 4.7 |
| December 2024 | 5,371.1 USD bn | 5.7 |
| November 2024 | 5,385.1 USD bn | 7.4 |
| October 2024 | 5,390.9 USD bn | 7.5 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US.BANKSEC.M.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US.BANKSEC.M.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```