Are OPEC Financial Holdings a Danger to U.S. Banks or the Economy?
EMD-79-45
Published: Jun 11, 1979. Publicly Released: Jul 16, 1979.
Skip to Highlights
Highlights
Concern exists that the Organization of Petroleum Exporting Countries' (OPEC) financial holdings, both U.S. Government securities and deposits in U.S. banks, might be a threat to the United States due to their size or the possibility of their rapid liquidation.
Full Report
Office of Public Affairs
Topics
Balance of paymentsBank depositsConfidential communicationsFederal reserve banksFinancial recordsForeign investments in USGovernment information disseminationInternational economic relationsUS government securitiesSecurities