Report on Foreign Holdings of U.S. Long-Term Securities As of June 30, 2002

摘要

This report presents data and analyses regarding foreign portfolio holdings of U.S. securities. The data are drawn primarily from the latest survey of foreign holdings of U.S. securities as of June 30, 2002. The survey was a joint undertaking of the U.S. Department of the Treasury, the Federal Reserve Bank of New York, and the Board of Governors of the Federal Reserve System. Between 1974 and 2000 similar surveys were conducted at approximately five-year intervals. These surveys measured only foreign holdings of U.S. long-term securities. Beginning with the June 30, 2002, survey, the surveys will be conducted annually and will measure foreign holdings of U.S. short-term securities as well as U.S. long-term securities. In four out of every five years data will be collected only from the largest reporters, with full benchmark surveys continuing to be conducted at five-year intervals. The 2002 survey collected data only from the largest reporters as determined by the preceding full benchmark survey. To adjust for this, certain increases were made in the collected data to arrive at the statistics presented in this report.