Fed Disclosure: Secondary Market Corporate Credit Facility Includes Amazon, Apple, Microsoft & More

Fed Disclosure: Secondary Market Corporate Credit Facility Includes Amazon, Apple, Microsoft & More

Adobe (ADBE), Amazon (AMZN), Apple (AAPL), Broadcom (AVGO), Microsoft (MSFT) and Oracle (ORCL) were among the Technology companies included in the Fed’s July 10th SMCCF disclosure. The Fed has purchased $137 million par value of Technology company fixed income securities through June 26th or approximately 9% of a total par value of approximately $1.5 billion. CLICK HERE to access the full disclosure (29-page PDF file).

The four tables below include: 1.) The Fed’s fixed income sector allocations, 2.) a bond rating summary covering the Fed’s purchase activity, 3.) a summary of Fed ETF purchases and 4.) a list of eligible sellers for the Fed’s bond and ETF purchases. (data source: Federal Reserve July 10th SMCCF disclosure).

TABLE 1: Sector allocation for corporate issuers that participated in the Fed’s SMCCF program. Click Here to access the Fed’s bond position summary detail. Click image to expand or download.
TABLE 2: Rating summary for corporate issuers that participated in the Fed’s SMCCF program. Click image to expand or download.
TABLE 3: Summary of Federal Reserve ETF Purchases. Click Here for ETF detail. Click image to expand or download.
TABLE 4: List of Eligible Sellers for Fed bond and ETF purchases. Click image to expand or download.