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The page you linked to only accounts for a few hundred million dollars of direct purchases of individual bonds. It also lists several Billions of bond ETF purc
by ltbarcly3 6y ago
The page you linked to only accounts for a few hundred million dollars of direct purchases of individual bonds. It also lists several Billions of bond ETF purchases.
The largest bond etf holding is LQD, at $1.7B. 0.74% of LQD is Walmart corporate debt. 0.0074 * 1.7B is $12M. So just in one ETF I find the fed holding more Walmart debt than your "exactly" total number of walmart debt held.
Maybe you don't quite understand this data well enough to be 'correcting' people here? It's likely that your quoted total is an order of magnitude too low, but I don't have time to go through every line item. (Position-Summary ETF tab in the xls file).
https://www.ishares.com/us/products/239566/ishares-iboxx-investment-grade-corporate-bond-etf https://www.ishares.com/us/products/239566/ishares-iboxx-inv...
- credit_guy 6y ago> but I don't have time to go through every line item. (Position-Summary ETF tab in the xls file). Ok, I just did that. I got $35 MM in indirect holdings via bond ETFs. Thanks for pointing this up.