Beginning 2009:Q1, series is discontinued reflecting the shift of investment banks to the holding company sector. Prior to 1997:Q3, level is FOF section estimate based on FR Bank of New York, Market Reports Division, monthly commercial paper release, table II, line II, Total amount of commercial paper placed by the reporting dealer that is issued by the reporting dealer firm, its affiliates, or its parent. After 1997:Q3, transactions are estimated as 25 percent of funding corporations open market paper issuance ( FOF series FU503169105) through 2004:Q4 and 15 percent thereafter.
Last edited on: 08/13/2021