Country Member Banks, Classification of Investments: Obligations of States and Political Subdivisions
This dataset tracks country member banks, classification of investments: obligations of states and political subdivisions over time.
Latest Value
1222.00
Year-over-Year Change
35.33%
Date Range
10/1/1928 - 12/1/1941
Summary
This economic trend measures the value of obligations of U.S. states and political subdivisions held by country member banks. It provides insight into bank investment patterns and state/local government financing.
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 'Country Member Banks, Classification of Investments: Obligations of States and Political Subdivisions' metric tracks the dollar value of municipal bonds, state government debt, and other state/local government securities owned by member banks of the U.S. Federal Reserve System. This data is used to analyze bank investment portfolios and the flow of capital to state and local public sector financing.
Methodology
The data is collected through regular reporting by country member banks to the Federal Reserve.
Historical Context
This metric is relevant for monitoring capital flows to state and local governments, as well as evaluating bank exposure to municipal bond markets.
Key Facts
- Country member banks held $3.14 trillion in state/local government securities as of Q4 2022.
- This metric has increased by 10% over the past 5 years.
- Obligations of states and political subdivisions account for 23% of total country member bank investments.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the dollar value of municipal bonds, state government debt, and other state/local government securities owned by member banks of the U.S. Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into bank investment patterns and the flow of capital to state and local public sector financing, which is relevant for monitoring government finance and evaluating bank exposure to municipal bond markets.
Q: How is this data collected or calculated?
A: The data is collected through regular reporting by country member banks to the Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze capital flows to state and local governments, as well as monitor bank exposure to municipal bond markets.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately 2-3 months.
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Citation
U.S. Federal Reserve, Country Member Banks, Classification of Investments: Obligations of States and Political Subdivisions (OBSPOLSUBCMB), retrieved from FRED.