Rest of the World; Municipal Securities; Asset, Level
ROWMLAQ027S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117,588.00
Year-over-Year Change
3.77%
Date Range
10/1/1945 - 1/1/2025
Summary
This economic trend measures the value of municipal securities held by the rest of the world, providing insight into global demand and investment in U.S. municipal debt markets.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Rest of the World; Municipal Securities; Asset, Level' metric tracks the total value of municipal bonds, notes, and other debt instruments owned by foreign investors. This data point is used by economists and policymakers to assess international portfolio diversification and foreign participation in the U.S. municipal securities market.
Methodology
The data is collected through surveys of financial institutions by the U.S. Federal Reserve.
Historical Context
Monitoring this trend helps inform decisions around municipal bond issuance, tax policy, and cross-border capital flows.
Key Facts
- Municipal securities are debt instruments issued by state and local governments.
- The U.S. municipal bond market is one of the largest in the world, valued at over $4 trillion.
- Foreign investors hold a significant portion of outstanding U.S. municipal debt.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of municipal bonds, notes, and other debt instruments owned by foreign investors, providing insight into global demand for U.S. municipal securities.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this metric helps assess international portfolio diversification and foreign participation in the U.S. municipal securities market, which is important for informing decisions around municipal bond issuance, tax policy, and cross-border capital flows.
Q: How is this data collected or calculated?
A: The data is collected through surveys of financial institutions by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to understand global demand and investment in the U.S. municipal debt markets, which can inform decisions around municipal bond issuance, tax policy, and cross-border capital flows.
Q: Are there update delays or limitations?
A: The data is published quarterly by the Federal Reserve, so there may be a short delay in availability. The survey-based methodology may also have some limitations in fully capturing all foreign holdings of U.S. municipal securities.
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Citation
U.S. Federal Reserve, Rest of the World; Municipal Securities; Asset, Level (ROWMLAQ027S), retrieved from FRED.