56) Over the Past Three Months, How Have the Terms Under Which High-Yield Corporate Bonds Are Funded Changed?| B. Terms for Most Favored Clients, as a Consequence of Breadth, Duration And/or Extent of Relationship | 4. Collateral Spreads over Relevant Benchmark (Effective Financing Rates). | Answer Type: Tightened Considerably

ALLQ56B4TCNR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

10/1/2011 - 1/1/2025

Summary

Tracks changes in high-yield corporate bond funding terms for most favored clients. Provides critical insight into credit market conditions.

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

Measures collateral spread changes for high-yield corporate bond funding. Indicates credit market tightness and lending conditions.

Methodology

Quarterly survey of financial institutions reporting changes in bond funding terms.

Historical Context

Used by credit analysts and investors to assess corporate bond market dynamics.

Key Facts

  • Quarterly credit market survey
  • Focuses on most favored clients
  • Indicates lending environment changes

FAQs

Q: What does 'tightened considerably' mean?

A: Indicates significant reduction in favorable lending terms for high-yield corporate bonds.

Q: Why are collateral spreads important?

A: They reflect the risk premium and lending conditions in corporate bond markets.

Q: How do these terms impact investors?

A: Tighter terms can signal increased risk perception and potentially higher borrowing costs.

Q: Who compiles this data?

A: The Federal Reserve conducts this quarterly survey of financial institutions.

Q: What does 'most favored clients' mean?

A: Refers to clients with the best credit ratings and longest banking relationships.

Related Trends

37) To the Extent That the Price or Nonprice Terms Applied to Nonfinancial Corporations Have Tightened or Eased Over the Past Three Months (as Reflected in Your Responses to Questions 35 and 36), What Are the Most Important Reasons for the Change?| B. Possible Reasons for Easing | 1. Improvement in Current or Expected Financial Strength of Counterparties. | Answer Type: 3rd Most Important

CTQ37B13MINR

31) To the Extent That the Price or Nonprice Terms Applied to Separately Managed Accounts Established with Investment Advisers Have Tightened or Eased over the Past Three Months (as Reflected in Your Responses to Questions 29 and 30), What Are the Most Important Reasons for the Change?| B. Possible Reasons for Easing | 5. Increased Availability of Balance Sheet or Capital at Your Institution. | Answer Type: 2nd Most Important

ALLQ31B52MINR

78) Over the Past Three Months, How Has the Volume of Mark and Collateral Disputes Relating to Lending Against Each of the Following Collateral Types Changed?| C. Equities. | Answer Type: Decreased Somewhat

ALLQ78CDSNR

67) Over the Past Three Months, How Has Demand for Funding of Non-Agency RMBS by Your Institution's Clients Changed?| Answer Type: Remained Basically Unchanged

SFQ67RBUNR

6) To the Extent That the Price or Nonprice Terms Applied to Hedge Funds Have Tightened or Eased Over the Past Three Months (as Reflected in Your Responses to Questions 4 and 5), What Are the Most Important Reasons for the Change?| B. Possible Reasons for Easing | 5. Increased Availability of Balance Sheet or Capital at Your Institution. | Answer Type: 2nd Most Important

CTQ06B52MINR

21) Considering the Entire Range of Transactions Facilitated by Your Institution, How Has the Use of Financial Leverage by Each of the Following Types of Clients Changed over the Past Three Months?| A. Mutual Funds. | Answer Type: Remained Basically Unchanged

ALLQ21ARBUNR

Citation

U.S. Federal Reserve, High-Yield Corporate Bond Funding Terms (ALLQ56B4TCNR), retrieved from FRED.