Transactions are calculated as the change in the sum of the month-end outstanding from FR Board, Short-Term Funding Markets Section, Commercial Paper statistical release, table Commercial Paper Outstanding: Level and Changes, Not Seasonally Adjusted Data, Nonfinancial, Foreign column. Positions from Treasury International Capital form BQ1 memo item on foreign commercial paper outstanding multiplied by the ratio of month-end outstanding of Nonfinancial, Foreign column over total foreign CP outstanding. Transactions are calculated as the change in level. Seasonally adjusted transactions are obtained using X-13-ARIMA procedure.
Last edited on: 09/04/2025