The survey will collect information on
U.S. holdings of foreign long-term securities. The information will
be used to help calculate the U.S. balance of payments and
international investment positions, as well as for financial and
monetary policy formulation. This survey is also part of an
international effort coordinated by the IMF to improve worldwide
balance of payments statistics. Respondents will be primarily the
largest banks, securities dealers, and institutional
investors.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.