Beginning 2011:Q4, unadjusted transactions from BEA, ITA, Table 7.1 U.S. International Financial Transactions for Portfolio Investment, line 26, State and local government securities, long-term debt securities. Prior to 2011:Q4, second quarter level is benchmarked to data on the face value of foreign holdings of U.S. long-term municipal from the Survey of Foreign Portfolio Investment in the United States. Beginning 2012:Q1, revaluations are estimated as the previous level multiplied by the percent change in the Merrill Lynch Municipal Master par weighted price index. Market value levels are estimated as the previous level plus the unadjusted transactions and revaluations. Data for the most recent ten years shows no significant seasonality.
Last edited on: 04/14/2023