What securities are included in “corporate and other” bonds in the survey reports and in the monthly TIC transactions data?
These securities are overwhelmingly U.S. corporate debt securities, but also include some municipal debt securities and a smaller amount of debt securities issued by non-profit organizations. As of the June 2006 survey, foreign holdings of municipal bonds accounted for only about $30 billion of the $2,021 billion total in “corporate and other” debt securities held by foreigners.
Related Questions
- How do the TIC data on foreign official transactions in U.S. agency securities compare with changes in FRBNY custody holdings?
- What securities are included in "corporate and other" bonds in the survey reports and in the monthly TIC transactions data?
- Are mortgage-backed or other asset-backed securities included in the TIC data?