Board of Governors of the Federal Reserve System

Stocks outstanding from BEA, IIP, Table 1.2 U.S. Net International Investment Position at the End of the Period, Expanded detail, line 48, Treasury Bonds and Notes, Long term, Asset. Unadjusted transactions from BEA, ITA, Table 7.1 U.S. International Financial Transactions for Portfolio Investment, line 25, Treasury Bonds and Notes, Long-term Debt Securities. Revaluations and other changes in volume are assigned judgmentally from the change in stocks outstanding less the unadjusted transactions. Year-end values for these components are based on IIP table 1.3. Seasonally adjusted transactions are obtained using X-13-ARIMA procedure through 2019:Q4; data for more recent periods show no significant seasonality.