Beginning in 2008:Q1, market value level from the Consolidated Report of Condition and Income for Edge and Agreement Corporations (form FR 2886b), schedule-RC - Balance Sheet, domestic Trading assets (RCFD3545 less RCFN3545) multiplied by, from schedule RC-D - Trading Assets and Liabilities, the ratio of Securities issued by states and political subdivisions in the U.S. (RCFD3533) to Total trading assets (RCFD3545). From 1985:Q4 to 2007:Q4, series is not shown separately and level is 0. Through 1985:Q3, series was from quarterly Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks (forms FFIEC 002). Capital gains are computed using the change in the Merrill Lynch Municipal Master par weighted price index. Transactions are calculated as the change in market value level less capital gains less any other volume changes. Data for the most recent ten years show no significant seasonality.
Last edited on: 02/28/2019