Q1 2024, Funding of High-Yield Corporate Bonds (Questions 56-59): 56) Over the past three months, how have the terms under which high-yield corporate bonds are funded changed? | FRED

Funding of High-Yield Corporate Bonds (Questions 56-59)

	Number of Respondents
Name	Q1 2024	Q4 2023	Q1 2023
A. Terms for Average Client
1. Maximum amount of funding
Tightened Considerably	0	0	0
Tightened Somewhat	1	0	0
Remained Basically Unchanged	16	17	17
Eased Somewhat	0	1	0
Eased Considerably	0	0	0
2. Maximum maturity
Tightened Considerably	0	0	0
Tightened Somewhat	0	0	0
Remained Basically Unchanged	17	18	17
Eased Somewhat	0	0	0
Eased Considerably	0	0	0
3. Haircuts
Tightened Considerably	0	0	0
Tightened Somewhat	0	0	1
Remained Basically Unchanged	17	18	15
Eased Somewhat	0	0	1
Eased Considerably	0	0	0
4. Collateral spreads over relevant benchmark (effective financing rates)
Tightened Considerably	0	0	0
Tightened Somewhat	0	2	3
Remained Basically Unchanged	14	14	13
Eased Somewhat	3	2	1
Eased Considerably	0	0	0
B. Terms for most favored clients, as a consequence of breadth, duration and/or extent of relationship
1. Maximum amount of funding
Tightened Considerably	0	0	0
Tightened Somewhat	1	0	0
Remained Basically Unchanged	16	17	17
Eased Somewhat	0	1	0
Eased Considerably	0	0	0
2. Maximum maturity
Tightened Considerably	0	0	0
Tightened Somewhat	0	0	0
Remained Basically Unchanged	16	18	16
Eased Somewhat	0	0	1
Eased Considerably	1	0	0
3. Haircuts
Tightened Considerably	0	0	0
Tightened Somewhat	0	1	1
Remained Basically Unchanged	16	17	15
Eased Somewhat	1	0	1
Eased Considerably	0	0	0
4. Collateral spreads over relevant benchmark (effective financing rates)
Tightened Considerably	0	0	0
Tightened Somewhat	0	2	3
Remained Basically Unchanged	13	15	13
Eased Somewhat	4	1	1
Eased Considerably	0	0	0