Federal Reserve Economic Data

Indeed calculates the index change in seasonally-adjusted job postings since February 1, 2020, the pre-pandemic baseline. Indeed seasonally adjusts each series based on historical patterns in 2017, 2018, and 2019. Each series, including the national trend, occupational sectors, and sub-national geographies, is seasonally adjusted separately. Indeed switched to this new methodology in December 2022 and now reports all historical data using this new methodology. Historical numbers have been revised and may differ significantly from originally reported values. The new methodology applies a detrended seasonal adjustment factor to the index change in job postings. For more information, see Frequently Asked Questions (https://www.hiringlab.org/indeed-data-faq/) regarding Indeed Data. Copyrighted: Pre-approval required. Contact Indeed to request permission to use the data at their contact information provided here (https://github.com/hiring-lab/data#readme). End Users are excluded of any warranty and liability on the part of Indeed for the accuracy of the Indeed Data. End Users will refrain from any external distribution of Indeed Data except in oral or written presentations, provided that such portions or derivations are incidental to and supportive of such presentations and, provided further that the End Users shall not distribute or disseminate in such presentations any amount of Indeed Data which could cause such presentations to be susceptible to use substantially as a source of, or substitute for Indeed Data. End Users agree to credit Indeed as the source and owner of the Indeed Data when making it available to third parties in any permissible manner as well as in internal use. End Users agree to not sell or otherwise provide the Indeed Data obtained from Licensee to third parties.

Indeed calculates the percentage change in seasonally-adjusted job postings since February 1, 2020, using a 7-day trailing average. February 1, 2020, is the pre-pandemic baseline. Indeed seasonally adjusts each series based on historical patterns in 2017, 2018, and 2019. Each series, including the national trend, occupational sectors, and sub-national geographies, is seasonally adjusted separately. Indeed switched to this new methodology in January 2021 and now reports all historical data using this new methodology. Historical numbers have been revised and may differ significantly from originally reported values. The new methodology applies a detrended seasonal adjustment factor to the percentage change in job postings. For more information, see Frequently Asked Questions (https://www.hiringlab.org/indeed-data-faq/) regarding Indeed Data. Copyrighted: Pre-approval required. Contact Indeed to request permission to use the data at their contact information provided here (https://github.com/hiring-lab/data#readme). End Users are excluded of any warranty and liability on the part of Indeed for the accuracy of the Indeed Data. End Users will refrain from any external distribution of Indeed Data except in oral or written presentations, provided that such portions or derivations are incidental to and supportive of such presentations and, provided further that the End Users shall not distribute or disseminate in such presentations any amount of Indeed Data which could cause such presentations to be susceptible to use substantially as a source of, or substitute for Indeed Data. End Users agree to credit Indeed as the source and owner of the Indeed Data when making it available to third parties in any permissible manner as well as in internal use. End Users agree to not sell or otherwise provide the Indeed Data obtained from Licensee to third parties.

Indeed calculates the index change in seasonally-adjusted job postings since February 1, 2020, the pre-pandemic baseline. Indeed seasonally adjusts each series based on historical patterns in 2017, 2018, and 2019. Each series, including the national trend, occupational sectors, and sub-national geographies, is seasonally adjusted separately. Indeed switched to this new methodology in December 2022 and now reports all historical data using this new methodology. Historical numbers have been revised and may differ significantly from originally reported values. The new methodology applies a detrended seasonal adjustment factor to the index change in job postings. For more information, see Frequently Asked Questions (https://www.hiringlab.org/indeed-data-faq/) regarding Indeed Data. Copyrighted: Pre-approval required. Contact Indeed to request permission to use the data at their contact information provided here (https://github.com/hiring-lab/data#readme). End Users are excluded of any warranty and liability on the part of Indeed for the accuracy of the Indeed Data. End Users will refrain from any external distribution of Indeed Data except in oral or written presentations, provided that such portions or derivations are incidental to and supportive of such presentations and, provided further that the End Users shall not distribute or disseminate in such presentations any amount of Indeed Data which could cause such presentations to be susceptible to use substantially as a source of, or substitute for Indeed Data. End Users agree to credit Indeed as the source and owner of the Indeed Data when making it available to third parties in any permissible manner as well as in internal use. End Users agree to not sell or otherwise provide the Indeed Data obtained from Licensee to third parties.

Indeed calculates the percentage change in seasonally-adjusted job postings since February 1, 2020, using a 7-day trailing average. February 1, 2020, is the pre-pandemic baseline. Indeed seasonally adjusts each series based on historical patterns in 2017, 2018, and 2019. Each series, including the national trend, occupational sectors, and sub-national geographies, is seasonally adjusted separately. Indeed switched to this new methodology in January 2021 and now reports all historical data using this new methodology. Historical numbers have been revised and may differ significantly from originally reported values. The new methodology applies a detrended seasonal adjustment factor to the percentage change in job postings. For more information, see Frequently Asked Questions (https://www.hiringlab.org/indeed-data-faq/) regarding Indeed Data. Copyrighted: Pre-approval required. Contact Indeed to request permission to use the data at their contact information provided here (https://github.com/hiring-lab/data#readme). End Users are excluded of any warranty and liability on the part of Indeed for the accuracy of the Indeed Data. End Users will refrain from any external distribution of Indeed Data except in oral or written presentations, provided that such portions or derivations are incidental to and supportive of such presentations and, provided further that the End Users shall not distribute or disseminate in such presentations any amount of Indeed Data which could cause such presentations to be susceptible to use substantially as a source of, or substitute for Indeed Data. End Users agree to credit Indeed as the source and owner of the Indeed Data when making it available to third parties in any permissible manner as well as in internal use. End Users agree to not sell or otherwise provide the Indeed Data obtained from Licensee to third parties.

Indeed calculates the index change in seasonally-adjusted job postings since February 1, 2020, the pre-pandemic baseline. Indeed seasonally adjusts each series based on historical patterns in 2017, 2018, and 2019. Each series, including the national trend, occupational sectors, and sub-national geographies, is seasonally adjusted separately. Indeed switched to this new methodology in December 2022 and now reports all historical data using this new methodology. Historical numbers have been revised and may differ significantly from originally reported values. The new methodology applies a detrended seasonal adjustment factor to the index change in job postings. For more information, see Frequently Asked Questions (https://www.hiringlab.org/indeed-data-faq/) regarding Indeed Data. Copyrighted: Pre-approval required. Contact Indeed to request permission to use the data at their contact information provided here (https://github.com/hiring-lab/data#readme). End Users are excluded of any warranty and liability on the part of Indeed for the accuracy of the Indeed Data. End Users will refrain from any external distribution of Indeed Data except in oral or written presentations, provided that such portions or derivations are incidental to and supportive of such presentations and, provided further that the End Users shall not distribute or disseminate in such presentations any amount of Indeed Data which could cause such presentations to be susceptible to use substantially as a source of, or substitute for Indeed Data. End Users agree to credit Indeed as the source and owner of the Indeed Data when making it available to third parties in any permissible manner as well as in internal use. End Users agree to not sell or otherwise provide the Indeed Data obtained from Licensee to third parties.

Indeed calculates the percentage change in seasonally-adjusted job postings since February 1, 2020, using a 7-day trailing average. February 1, 2020, is the pre-pandemic baseline. Indeed seasonally adjusts each series based on historical patterns in 2017, 2018, and 2019. Each series, including the national trend, occupational sectors, and sub-national geographies, is seasonally adjusted separately. Indeed switched to this new methodology in January 2021 and now reports all historical data using this new methodology. Historical numbers have been revised and may differ significantly from originally reported values. The new methodology applies a detrended seasonal adjustment factor to the percentage change in job postings. For more information, see Frequently Asked Questions (https://www.hiringlab.org/indeed-data-faq/) regarding Indeed Data. Copyrighted: Pre-approval required. Contact Indeed to request permission to use the data at their contact information provided here (https://github.com/hiring-lab/data#readme). End Users are excluded of any warranty and liability on the part of Indeed for the accuracy of the Indeed Data. End Users will refrain from any external distribution of Indeed Data except in oral or written presentations, provided that such portions or derivations are incidental to and supportive of such presentations and, provided further that the End Users shall not distribute or disseminate in such presentations any amount of Indeed Data which could cause such presentations to be susceptible to use substantially as a source of, or substitute for Indeed Data. End Users agree to credit Indeed as the source and owner of the Indeed Data when making it available to third parties in any permissible manner as well as in internal use. End Users agree to not sell or otherwise provide the Indeed Data obtained from Licensee to third parties.

Source: Purchasing Agents Association Of Chicago, Combined Statistical And Analytical Report Of The Business Survey Committee, Monthly This NBER data series m06136 appears on the NBER website in Chapter 6 at http://www.nber.org/databases/macrohistory/contents/chapter06.html. NBER Indicator: m06136

Source: Purchasing Agents Association Of Chicago, Combined Statistical And Analytical Report Of The Business Survey Committee, Monthly This NBER data series m06137 appears on the NBER website in Chapter 6 at http://www.nber.org/databases/macrohistory/contents/chapter06.html. NBER Indicator: m06137

The data in this series are calculated using two series, and as such only update when those series update. This series is constructed from Advance Retail and Food Services Sales (RSAFS (https://fred.stlouisfed.org/series/RSAFS)) deflated using the Consumer Price Index for All Urban Consumers (1982-84=100) (CPIAUCSL (https://fred.stlouisfed.org/series/CPIAUCSL)).

Break-adjusted stock of bank and building society lending, M4Lx. This series was constructed by the Bank of England as part of the Three Centuries of Macroeconomic Data project by combining data from a number of academic and official sources. For more information, please refer to the Three Centuries spreadsheet at https://www.bankofengland.co.uk/statistics/research-datasets. Users are advised to check the underlying assumptions behind this series in the relevant worksheets of the spreadsheet. In many cases alternative assumptions might be appropriate. Users are permitted to reproduce this series in their own work as it represents Bank calculations and manipulations of underlying series that are the copyright of the Bank of England provided that underlying sources are cited appropriately. For appropriate citation please see the Three Centuries spreadsheet for guidance and a list of the underlying sources.

Data For 1921-1935 Were Derived By NBER By Adding Freight Steam Locomotive Miles To Departmental Miles, Subtracting Shunting By Freight Shunting Steam Engine-Miles, And Multiplying The Result By Pounds Of Coal Consumption By Freight Steam Locomotives (Including Departmental). During Processing It Was Discovered That Monthly And Quarterly Figures For 1931 As Provided By NBER Do Not Agree, But Data Have Not Been Changed. The Annual Figure Provided Here Was Computed From Monthly Data. Source: Computed By NBER From Ministry Of Transport Data In "Railway Statistics". This NBER data series m03082 appears on the NBER website in Chapter 3 at http://www.nber.org/databases/macrohistory/contents/chapter03.html. NBER Indicator: m03082

Beginning In 1932, Smithing And Terminal Companies Are Not Included Within The Dataset. Source: Interstate Commerce Commission Wage Statistics This NBER data series m08175 appears on the NBER website in Chapter 8 at http://www.nber.org/databases/macrohistory/contents/chapter08.html. NBER Indicator: m08175

From 1932, Smithing And Terminal Companies Are Not Included Within The Dataset. Source: Interstate Commerce Commission Wage Statistics This NBER data series m08174 appears on the NBER website in Chapter 8 at http://www.nber.org/databases/macrohistory/contents/chapter08.html. NBER Indicator: m08174

Series Is Presented Here As Three Variables--(1)--Original Data, 1909-1919 (2)--Original Data, 1919-1938 (3)--Original Data, 1929-1943. All Three Series Differ From National Income In That They Exclude Corporate And Government Savings. Also They Exclude Imputed Rent On Owned Homes, Data Which Are Available For The King And Kuznets' Series. This Variable Refers To Realized Income, Adjusted By Kuznets, Plus A Rough Estimate Of Entrepreneurial Savings. Source: Simon Kuznets, Unpublished Data. This NBER data series a08169a appears on the NBER website in Chapter 8 at http://www.nber.org/databases/macrohistory/contents/chapter08.html. NBER Indicator: a08169a

The 1934 Figure Is The Average Of Two Figures. See Page 321 Of The Source For An Explanation. Source: Simon Kuznets, National Income And Its Composition, 1919-1938, Volume I, 1941, Pp. 322-323, Table 57. This NBER data series a08169aa appears on the NBER website in Chapter 8 at http://www.nber.org/databases/macrohistory/contents/chapter08.html. NBER Indicator: a08169aa

Indeed calculates the index change in seasonally-adjusted job postings since February 1, 2020, the pre-pandemic baseline. Indeed seasonally adjusts each series based on historical patterns in 2017, 2018, and 2019. Each series, including the national trend, occupational sectors, and sub-national geographies, is seasonally adjusted separately. Indeed switched to this new methodology in December 2022 and now reports all historical data using this new methodology. Historical numbers have been revised and may differ significantly from originally reported values. The new methodology applies a detrended seasonal adjustment factor to the index change in job postings. For more information, see Frequently Asked Questions (https://www.hiringlab.org/indeed-data-faq/) regarding Indeed Data. Copyrighted: Pre-approval required. Contact Indeed to request permission to use the data at their contact information provided here (https://github.com/hiring-lab/data#readme). End Users are excluded of any warranty and liability on the part of Indeed for the accuracy of the Indeed Data. End Users will refrain from any external distribution of Indeed Data except in oral or written presentations, provided that such portions or derivations are incidental to and supportive of such presentations and, provided further that the End Users shall not distribute or disseminate in such presentations any amount of Indeed Data which could cause such presentations to be susceptible to use substantially as a source of, or substitute for Indeed Data. End Users agree to credit Indeed as the source and owner of the Indeed Data when making it available to third parties in any permissible manner as well as in internal use. End Users agree to not sell or otherwise provide the Indeed Data obtained from Licensee to third parties.

Indeed calculates the percentage change in seasonally-adjusted job postings since February 1, 2020, using a 7-day trailing average. February 1, 2020, is the pre-pandemic baseline. Indeed seasonally adjusts each series based on historical patterns in 2017, 2018, and 2019. Each series, including the national trend, occupational sectors, and sub-national geographies, is seasonally adjusted separately. Indeed switched to this new methodology in January 2021 and now reports all historical data using this new methodology. Historical numbers have been revised and may differ significantly from originally reported values. The new methodology applies a detrended seasonal adjustment factor to the percentage change in job postings. For more information, see Frequently Asked Questions (https://www.hiringlab.org/indeed-data-faq/) regarding Indeed Data. Copyrighted: Pre-approval required. Contact Indeed to request permission to use the data at their contact information provided here (https://github.com/hiring-lab/data#readme). End Users are excluded of any warranty and liability on the part of Indeed for the accuracy of the Indeed Data. End Users will refrain from any external distribution of Indeed Data except in oral or written presentations, provided that such portions or derivations are incidental to and supportive of such presentations and, provided further that the End Users shall not distribute or disseminate in such presentations any amount of Indeed Data which could cause such presentations to be susceptible to use substantially as a source of, or substitute for Indeed Data. End Users agree to credit Indeed as the source and owner of the Indeed Data when making it available to third parties in any permissible manner as well as in internal use. End Users agree to not sell or otherwise provide the Indeed Data obtained from Licensee to third parties.

Indeed calculates the index change in seasonally-adjusted job postings since February 1, 2020, the pre-pandemic baseline. Indeed seasonally adjusts each series based on historical patterns in 2017, 2018, and 2019. Each series, including the national trend, occupational sectors, and sub-national geographies, is seasonally adjusted separately. Indeed switched to this new methodology in December 2022 and now reports all historical data using this new methodology. Historical numbers have been revised and may differ significantly from originally reported values. The new methodology applies a detrended seasonal adjustment factor to the index change in job postings. For more information, see Frequently Asked Questions (https://www.hiringlab.org/indeed-data-faq/) regarding Indeed Data. Copyrighted: Pre-approval required. Contact Indeed to request permission to use the data at their contact information provided here (https://github.com/hiring-lab/data#readme). End Users are excluded of any warranty and liability on the part of Indeed for the accuracy of the Indeed Data. End Users will refrain from any external distribution of Indeed Data except in oral or written presentations, provided that such portions or derivations are incidental to and supportive of such presentations and, provided further that the End Users shall not distribute or disseminate in such presentations any amount of Indeed Data which could cause such presentations to be susceptible to use substantially as a source of, or substitute for Indeed Data. End Users agree to credit Indeed as the source and owner of the Indeed Data when making it available to third parties in any permissible manner as well as in internal use. End Users agree to not sell or otherwise provide the Indeed Data obtained from Licensee to third parties.

Indeed calculates the percentage change in seasonally-adjusted job postings since February 1, 2020, using a 7-day trailing average. February 1, 2020, is the pre-pandemic baseline. Indeed seasonally adjusts each series based on historical patterns in 2017, 2018, and 2019. Each series, including the national trend, occupational sectors, and sub-national geographies, is seasonally adjusted separately. Indeed switched to this new methodology in January 2021 and now reports all historical data using this new methodology. Historical numbers have been revised and may differ significantly from originally reported values. The new methodology applies a detrended seasonal adjustment factor to the percentage change in job postings. For more information, see Frequently Asked Questions (https://www.hiringlab.org/indeed-data-faq/) regarding Indeed Data. Copyrighted: Pre-approval required. Contact Indeed to request permission to use the data at their contact information provided here (https://github.com/hiring-lab/data#readme). End Users are excluded of any warranty and liability on the part of Indeed for the accuracy of the Indeed Data. End Users will refrain from any external distribution of Indeed Data except in oral or written presentations, provided that such portions or derivations are incidental to and supportive of such presentations and, provided further that the End Users shall not distribute or disseminate in such presentations any amount of Indeed Data which could cause such presentations to be susceptible to use substantially as a source of, or substitute for Indeed Data. End Users agree to credit Indeed as the source and owner of the Indeed Data when making it available to third parties in any permissible manner as well as in internal use. End Users agree to not sell or otherwise provide the Indeed Data obtained from Licensee to third parties.

Indeed calculates the index change in seasonally-adjusted job postings since February 1, 2020, the pre-pandemic baseline. Indeed seasonally adjusts each series based on historical patterns in 2017, 2018, and 2019. Each series, including the national trend, occupational sectors, and sub-national geographies, is seasonally adjusted separately. Indeed switched to this new methodology in December 2022 and now reports all historical data using this new methodology. Historical numbers have been revised and may differ significantly from originally reported values. The new methodology applies a detrended seasonal adjustment factor to the index change in job postings. For more information, see Frequently Asked Questions (https://www.hiringlab.org/indeed-data-faq/) regarding Indeed Data. Copyrighted: Pre-approval required. Contact Indeed to request permission to use the data at their contact information provided here (https://github.com/hiring-lab/data#readme). End Users are excluded of any warranty and liability on the part of Indeed for the accuracy of the Indeed Data. End Users will refrain from any external distribution of Indeed Data except in oral or written presentations, provided that such portions or derivations are incidental to and supportive of such presentations and, provided further that the End Users shall not distribute or disseminate in such presentations any amount of Indeed Data which could cause such presentations to be susceptible to use substantially as a source of, or substitute for Indeed Data. End Users agree to credit Indeed as the source and owner of the Indeed Data when making it available to third parties in any permissible manner as well as in internal use. End Users agree to not sell or otherwise provide the Indeed Data obtained from Licensee to third parties.

Indeed calculates the percentage change in seasonally-adjusted job postings since February 1, 2020, using a 7-day trailing average. February 1, 2020, is the pre-pandemic baseline. Indeed seasonally adjusts each series based on historical patterns in 2017, 2018, and 2019. Each series, including the national trend, occupational sectors, and sub-national geographies, is seasonally adjusted separately. Indeed switched to this new methodology in January 2021 and now reports all historical data using this new methodology. Historical numbers have been revised and may differ significantly from originally reported values. The new methodology applies a detrended seasonal adjustment factor to the percentage change in job postings. For more information, see Frequently Asked Questions (https://www.hiringlab.org/indeed-data-faq/) regarding Indeed Data. Copyrighted: Pre-approval required. Contact Indeed to request permission to use the data at their contact information provided here (https://github.com/hiring-lab/data#readme). End Users are excluded of any warranty and liability on the part of Indeed for the accuracy of the Indeed Data. End Users will refrain from any external distribution of Indeed Data except in oral or written presentations, provided that such portions or derivations are incidental to and supportive of such presentations and, provided further that the End Users shall not distribute or disseminate in such presentations any amount of Indeed Data which could cause such presentations to be susceptible to use substantially as a source of, or substitute for Indeed Data. End Users agree to credit Indeed as the source and owner of the Indeed Data when making it available to third parties in any permissible manner as well as in internal use. End Users agree to not sell or otherwise provide the Indeed Data obtained from Licensee to third parties.

The Dallas Fed has improved the quality of the payroll employment estimates for Texas using early benchmarking and two-step seasonal adjustment. More information regarding the early benchmarking technique can be found at http://www.dallasfed.org/research/basics/benchmark.cfm. More information pertaining to two-step seasonal adjustment can be found at http://www.dallasfed.org/research/basics/twostep.cfm.

The Dallas Fed has improved the quality of the payroll employment estimates for Metropolitan Areas of Texas using early benchmarking and two-step seasonal adjustment. More information regarding the early benchmarking technique can be found at http://www.dallasfed.org/research/basics/benchmark.cfm. More information pertaining to two-step seasonal adjustment can be found at http://www.dallasfed.org/research/basics/twostep.cfm. Please note that this annual series created by the Federal Reserve bank of Dallas was calculated based on a seasonally adjusted monthly series.

The series comes from the 'Current Employment Statistics (Establishment Survey).' The source code is: CES5553300001

Series Is Presented Here As Two Variables--(1)--Original Data, 1919-1938 (2)--Original Data, 1937-1941. Data Are Equivalent To"Total Loans" Minus"Loans On Securities". Data Reflect Monthly Averages Of Weekly Figures. Data Include"Real Estate Loans", "Other Loans To Customers","Loans To Banks", And "Open Market Loans On Acceptances, Commercial Paper". Data Are For 101 Cities. Source: Federal Reserve Board, Data For 1919-1933 And 1935-1937: Frb Annual Reports, 1930, P. 98; 1933, P. 184; 1936, Pp. 154-158; 1937, P. 142. Data For 1934 And 1938: Federal Reserve Bulletin, January 1935, P. 19, And Successive Monthly Issues. This NBER data series m14075a appears on the NBER website in Chapter 14 at http://www.nber.org/databases/macrohistory/contents/chapter14.html. NBER Indicator: m14075a

For further information, please refer to the US Census Bureau's Annual Services release, online at http://www.census.gov/services/.

Source: The Economist. This NBER data series q10021 appears on the NBER website in Chapter 10 at http://www.nber.org/databases/macrohistory/contents/chapter10.html. NBER Indicator: q10021

AMERIBOR® (American Interbank Offered Rate) is a benchmark interest rate based on overnight unsecured loans transacted on the American Financial Exchange (AFX). AMERIBOR® is calculated as the transaction volume weighted average interest rate of the daily transactions in the AMERIBOR® overnight unsecured loan market on the AFX. AMERIBOR® Term-30 Index is a forward-looking interest rate designed to capture wholesale funding costs for American financial institutions over a thirty-day period at a specific moment in time. This index is calculated using AMERIBOR (https://fred.stlouisfed.org/series/AMERIBOR) as well as a broad dataset of real-world primary issuances of wholesale commercial deposits and commercial paper of U.S.-domiciled financial institutions of every size. More details about AMERIBOR® methodology can be found on the source's website (https://ameribor.net/), under the Resources section. AMERIBOR® is a registered trademark of the American Financial Exchange (AFX). © Copyright, American Financial Exchange (AFX). All Rights Reserved.

AMERIBOR® (American Interbank Offered Rate) is a benchmark interest rate based on overnight unsecured loans transacted on the American Financial Exchange (AFX). AMERIBOR® is calculated as the transaction volume weighted average interest rate of the daily transactions in the AMERIBOR® overnight unsecured loan market on the AFX. AMERIBOR® Term-90 Index is a forward-looking interest rate designed to capture wholesale funding costs for American financial institutions over a ninety-day period at a specific moment in time. This index is calculated using a broad dataset of real-world primary issuances of wholesale commercial deposits and commercial paper of U.S.-domiciled financial institutions of every size. More details about AMERIBOR® methodology can be found on the source's website (https://ameribor.net/), under the Resources section. AMERIBOR® is a registered trademark of the American Financial Exchange (AFX). © Copyright, American Financial Exchange (AFX). All Rights Reserved.

These Entries Are Obtained By Inverting The Series On Bond Yields By Dividing The Yield, Expressed In Decimals, Into 4.00. See F.R. Macauley, "Some Theoretical Problems Suggested By The Movements Of Interest Rates, Bond Yields, And Stock Prices In The United States Since 1856." (NBER, 1938). Source: 1857-1925 Data Are Computed By NBER From F.R. Macaulay'S Data On Bond Yields As Published In The NBER News-Bulletin, No.41, January 5, 1931. Thereafter, Data Are From NBER Files. This NBER data series m11016 appears on the NBER website in Chapter 11 at http://www.nber.org/databases/macrohistory/contents/chapter11.html. NBER Indicator: m11016

Data Are Adjusted For Economic Drift. Source: F.R. Macaulay, The Movement Of Interest Rates, Bond Yields, And Stock Prices In The United States Since 1856 (NBER, 1938), Appendix Table 10, Pp. A142-A161. This NBER data series m13019 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13019

Series Is Presented Here As Three Variables--(1)--Original Data, 1855-1937 (2)--Original Data, 1918-1957 (3)--Original Data, 1949-1964. The 1855 And 1856 Figures Are An Unweighted Arithmetic Index Spliced On To The Weighted Index In January, 1857. They Are Not Considered Reliable By NBER. The Unit For This Variable Is Dollars Per Share. The Index Is A Chain Index Made Up Of 13 Month Segments Chained To The Segment 01/1926-01/1927. The Index Is Weighted According To The Number Of Shares Outstanding Each Year. Source: F.R. Macaulay, "Some Theoretical Problems Suggested By The Movements Of Interest Rates, Bond Yields, And Stock Prices In The United States Since 1856, " (NBER 1938), Pp.A142-A161. This NBER data series m11005 appears on the NBER website in Chapter 11 at http://www.nber.org/databases/macrohistory/contents/chapter11.html. NBER Indicator: m11005

Series Is Presented Here As Three Variables--(1)--Original Data, 1855-1937 (2)--Original Data, 1918-1957 (3)--Original Data, 1949-1964. Notice That The Index For This Particular Variable Is Based On 10, Not 100. Source: Standard And Poor'S Corporation, Security Price Index Record, 1957 Edition, For 1949-1956 Data; The 1959 Supplement, For 1957-1958 Data; Current Statistics Thereafter. This NBER data series m11005c appears on the NBER website in Chapter 11 at http://www.nber.org/databases/macrohistory/contents/chapter11.html. NBER Indicator: m11005c

Source: American Telephone And Telegraph Company, Confidential Report Of October 20, 1932, "Index Of Industrial Activity In The U.S., " For Data Through July, 1932; Thereafter Data Furnished By The Statistical Division Of The American Telephone And Telegraph Company. This NBER data series m12001 appears on the NBER website in Chapter 12 at http://www.nber.org/databases/macrohistory/contents/chapter12.html. NBER Indicator: m12001

This series appears in Table 15c. Source Code: Q:3P:4W:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:DZ:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:3P:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:AR:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:AW:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:4Y:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:AU:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:AT:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:AZ:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:BS:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:BH:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:BB:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:BY:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:BE:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:BZ:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:BM:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:BO:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:BR:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:BG:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:CA:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:KY:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:CL:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:CN:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:TW:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:CO:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

This series appears in Table 15c. Source Code: Q:3P:CG:1:1:C:A:A:TO1:A:U:A:A:A:I Nationality refers to the ultimate obligor, as opposed to the immediate borrower on a residence basis, and is linked to the consolidation of assets and liabilities for related entities. Information on a nationality basis is useful to analyse potential support that might be available from the parent company and to understand links between borrowers in different countries and sectors. For example, the debts of a Cayman Islands subsidiary of a Brazilian bank may be guaranteed by the parent bank. Consistent with the approach taken in the international banking statistics, the BIS bases the nationality of an issuer on the residency of its controlling parent, regardless of any intermediate owners. (December 2012, BIS Quarterly Review, https://www.bis.org/publ/qtrpdf/r_qt1212h.pdf) Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.