Discussion Paper
Who Owns U.S. CLO Securities
Abstract: Despite the increasing importance of U.S. CLOs, information on the holders of U.S. CLO securities is very limited. This note provides a breakdown of CLO investors by location and investor type using data from the Treasury International Capital (TIC) system. We find that most U.S. CLOs are held by U.S. investors and that the holdings are concentrated in insurance companies, mutual funds, and depository institutions.
https://doi.org/10.17016/2380-7172.2423
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File(s): File format is text/html https://www.federalreserve.gov/econres/notes/feds-notes/who-owns-us-clo-securities-20190719.htm
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Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2019-07-26
Number: 2019-07-26-1
Note: A previous version of this note was published in July 2019 using TIC SHC data for year-end 2017, which at the time were the most recent available data. As of October, the data for TIC SHC 2018 have been published, and this update reflects these newly available data.