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).