Full text of Treasury Bulletin : April 1972
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i
POSTAGE AND FEES PAID
TREASURY DEPARTMENT
THE DEPARTMENT OF THE TREASURY
U.S.
FISCAL SERVICE, BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON,
D.C. 20226
OFFICIAL BUSINESS
BUY
AND
HOLD
UNITED
STATES
SAVINGS
BONDS
April 1972
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The Treasury
Bulletin is for sale by the
Superintendent of Documents,
U.S. Government Printing Office, Washington, D.C. 20402
Subscription per year $13.50 domestic, $17.00 foreign.
Single copy price varies.
{pril
P
1972
CONTENTS
Treasury financing operations
II
Federal fiscal operations
1
Federal obligations
13
Account of the Treasurer of the United States
17
Monetary
20
statistics
Federal debt
21
Public debt operations
29
United States savings bonds
62
United States savings notes
66
Ownership of Federal securities
67
Treasury survey of ownership
69
Market quotations on Treasury
securities
Average yields of long-term bonds
Exchange
Stabilization
Fund
International financial statistics
Capital
movements
76
79
81
83
89
Foreign currencies acquired by the U.S. Government without
126
payment of dollars
Financial operations of
Government agencies and funds
Cumulative table of contents
Note:
Details of figures
may
not add to totals because of rounding.
129
163
//
Treasury Bulletin
Treasury Financing Operations
Cash Offering
ment accounts.
March 21 the Treasury announced that it would sell
On
competitive and noncompetitive
at auction, under
bidding,
accompanied
15,
1975.
be dated April 3, 1972, and to mature May
Tenders
were received until 1:30
for the notes
EST, March 23.
p.m.,
5.69fo,
was accepted at prices
price of
All bidders
face amoun-t
were required to agree not to purchase
or to make any agreements with respect to the
to sell,
chase or sale or other disposition
of the notes bid
j
foil
28.
Commercial banks were prohibited from making unseci
Noncompetitive tenders
less were accepted in full
at the average
accepted tenders, 100.26, yield 5.78^.
These to-
loans,
or loans collateralized in whole or
notes bid for,
to cover
when tenders
taled $A76 million.
a
Payment
percent of the
ranging from 100.50, yield
down to 100.20, yield 5.80^.
for $200,000 or
5
required to
a specific rate or price, until after 1:30 p.m., EST, Mi
Tenders received totaled $3,8-45 million of which $1,776
million
by payment of
were
notes applied for.
$1,750 million, or thereabouts, of 5-7/85? Treasury Notes of
Series F-1975 to
from others
Tenders
the deposits
were entered, and
in part
\iy
required to be
they were reqmred to
certification to that effect. Other lenders were reque^
for the notes was required to be made or com-
to refrain from making such loans
on or before April
pleted
3,
1972,
in cash or other funds
immediately available to the Treasury by that date.
Payment
could be made through Treasury tax and loan accounts.
Inter-
9- Month and One- Year Bills
were invited for $500 millionli
On March 17 tenders
est is payable on the notes on a semiannual basis on November
therabouts, of 275-day Treasury bills, representing an
15,
i
1972, and thereafter on May 15 and November 15 until ma-
ditional amovmt
of bills dated December 31, 1971,
matv;
i
turity.
December 31, 1972, and
Tenders were received at Federal Reserve banks and branches
and
at the Office of the Treasurer
of the United States in
Bearer notes, with interest coupons attached,
Washington, D.C.
and notes registered as to principal and interest were author-
of 365-day Treasury
matiire March 31,
Commercial
banks could submit tenders
in such tenders.
for account of
Others
March 31.
and
received without deposit from commercial
other banks for their
savings
sions or
own account,
and loan associations.
instrumentalities
Federally- insured
pension
and
other public funds, international organiza-
tions in which
the United States holds membership, foreign
central banks
and foreign States, dealers who make primary
in Government
Marel
2<i.
for the 275-day bills totaled $3
million of noncompetitive tenders.
The average bank dis'
rate was 4.512 percent.
Tenders
received for the 365-day bills totaled
$S
million of which $1,201 million was accepted, including
million of noncompetitive tenders.
The average bank disc
rate was 4.661 percent.
States, political subdivi-
thereof, public
retirement and
markets
Tenders were opened on March
Tenders received
than commercial banks were
not permitted to enter tenders except for their own account.
Tenders were
series to be issued
million, of which $501 million was accepted, including
their customers provided the names of the customers were set
forth
1973, both
or thereatt
March 31, 1972,1
These issues were to refund $1,701 million of bills mati
ized to be issued in denominations of $1,000, $5,000, $10,000,
$100,000, and $1,000,000.
for $1,200 mllliop,
bills to be dated
securities and
report daily to the
13-Week and 26-Week Bills
Issues of regtilar weekly Treasury bills in March
to'
replacing $19.7 billion of maturing
b:
$20.9 billion,
There were four 91-day issues of
issue of
$2.4 billion,
one
9!
$2.3 billion and five 182-day issues of $1.3
Federal Reserve Bank of New York their positions with respect
lion.
to Government securities and borrowings thereon, and Govern-
following table.
Average
rates for the
new issues are shown
i)
y-il
1972
///
I
Treasury Financing Operations
13 -week
itional amount of bills of
ginal maturity of 26 weeks)
-
(Continued)
i
I
April 1972
.FEDERAL FISCAL OPERATIONS.
Table FFO-1.
Summary
-
of Fiscal Operations
(In millions of dollarsj
Means of financing - net transactions
Budget receipts, expenditures, and lending
Net
expenditures
Net
receipts
2/
Surplus
or deficit (-)
i/
Loan
disbursements
Net
lending
repayments
-(1)*(5)
(l)-(2)
153,671
187,784
193,743
188,392
111,456
118,03°
117,181
130,820
153,201
172,802
183,072
194,460
210,318
197,827
220,785
235,597
246,463
1-49,552
(51
(^)
(?)
106,560
112,662
116,833
130,856
Borrowings from the public - Federal securities
Loan account 1/
The expenditure account
-4,8Q6
-5 , 377
-347
-3,649
-19,131
4,712
-716
-21,927
9,7Qi
Q,b93
9,662
10,796
12,623
14,297
11,691
6,215
7,042
-37,770
-25,678
8,258
8,354
374
808
731
36
(2)-(6>
(3]+(6)
17)
(8)
16)
9,646
10,237
10,911
14,628
17,676
20,327
13,167
8,344
8,149
Budget
surplus
or deficit (-)
Outlays T/
Public
debt
securities
Agency
securities
(9)
(10)
Investments of
Government ac counts i±J
^
Total borrowings
from the public
(9)<-(10)
-(11)-(12)
(11)
(13)
-1,249
-3,832
-5,053
-6,030
-1,476
-2,128
-1,107
111,311
118,584
118,430
134,652
158,254
178,833
184,548
196,588
211,425
-4,751
-5,922
-1,596
-3,796
-8,702
-25,161
3,236
-2,845
-23,033
7,659
5,853
5,561
2,633
6,314
21,357
6,142
17,198
27,211
196
508
704
4,041
5,079
5,944
-10,150
-1,739
-347
7,246
8,560
-1,013
206
236,610
246,257
-38,783
-25,472
46,495
36,126
-179
1,255
666
1,056
544
490
681
396
760
170
-318
-49
-270
-297
16,526r
18,646
17,818
17,152
19,965
-l,398r
-5,441
3,206
-3,961
2,543
2,324
1,003
223
4,954
1,285
-1,001
518
-345
40
-553
-49
-306
-5,358
-3,930
1,513
-6,330
-4,002
-271
7,169
9,293
-2,324
-334
2,686
9,511
-960
20
-503
50
-10
234
-825
-1,691
87
1,313
145
-545
Special
notes
1,428
2,864
2,330
3,244
9,035
5,320
8,522
10,062
7,417
6,088
3,092
4,061
3,076
2,838
23,100
-11,146
5,397
19,448
405
-126
354
-482
-1,119
-1,384
6,316
9,831
l,086r
846
150
2,797
1,042
39,500
1,983
2,459
4,226
6,854
-2,003
1,407
2,590
8,482
27, 500
237r
675
-271
2,197
-311
15,128r
13,205
21,024
13,190
22,508
16,696r
18,328
17,769
16,882
1Q,669
-l,568r
-5,123
3,255
-3,692
2,840
13,198
15,652
19,710
12,462
14,945
17,213
18,507
19,276
18,265
18,677
18,798
17,085
-5,309
-3,624
1,444
-6,215
-3,852
128
603
701
626
549
618
718
554
395
695
435
468
319
-399
18,556
19,582
18,196
18,791
18,947
17,484
17,596
15,239
19,226
18,589
-1,630
-3,350
693
608
450
433
-243
-175
19,469
18,764
-1,873
-3,525
-1,269
1,169
-474
568
-1,877
1,736
134
126,014
148,423
-22,40Q
5,116
366
14<5.78Q
-23,775
25,902
-1,025
3,185
21,691
69
-115
-149
-1
,
selected balances, end of period
Means of financing - net transactions (continued)
Changes in cash and monetary assets
Within gen
aect. of
Treasurer,
U.S. 6/
(deduct)
'1
Other
With Inter- means of
financnational
Monetary
ng 8/
Fund
(deduct)
With other
Government
officers
(deduct)
SDK's 7/
Transactions
not applied
to year
Total
budget
financing
'
surplus or
deficit 2/
1
(IJ)-(it)
-(15)-(16)
-(i7)+(ie)
Federal securities
General
account of
Treasurer,
U.S. 6/
Public
debt
securities
Agency
secxiri-
ties
10/
Investments of
Government
accounts
Special
notes
2/
I22)t(23)
-|2U)-{25)
(19)
(It)
(15)
(16)
1,876
-1,264
1,594
-5e
41
?71
-260
-4,571
-1,094
760
259
1,746
826
-5
557
290
1,859
808
-1,536
-208
1^0
(IH)
(17)
-255
-367
381
-447
-342
538
644
802
-908
(Est.
(Est.)
-1,718
2,276
630
-3,385
-2,413
7,023
185r
-25
-196
-100
-50
3
-10
10
-26
-4,150
-1,758
53
78
-45
58
14,249
12,510
12,163
3,176
3,581
3,455
3,810
3,328
2,209
825
825
825
254,461
257,553
261,614
264,690
267,529
290,629
279,433
284,880
304,323
444,625
480,751
11,984
13,239
111,956
121,837
825
825
343,828
371,328
8,354
5,513
10,343
7,396
10,117
390,664
391,668
391,891
396,845
398,130
12,503
13,021
12,676
12,716
12,163
100,304
101,150
101,300
104,098
105,140
825
825
825
825
825
302,713
302,442
304,633
304,328
5,358
3,930
-1,513
6,330
4,002
271
8,193
10,469
11,099
7,714
5,301
12,329
405,299
414,592
412,268
411,934
414,620
424,131
11,203
11,223
10,720
10,770
10,760
11,044
107,123
109,582
108,757
107,066
107,153
108,466
825
825
825
825
825
825
308,554
315,408
313,406
314,812
317,402
325,884
-82
73
1,873
3,525
12,303
8,153
422,862
424,032
10,570
11,137
106,589
108,325
825
825
326,018
326,019
338
23,775
8,153
424,032
11,137
108,325
825
326,019
38,733
25,472
10, 117
10,117
308r
5,441
-3,20b
3,961
-2,543
22
101
11
15
85
111
-775
-592
-284
-22
3,103
bl
98
5,922
1,596
3,796
8,702
25,161
-3,236
2,845
23,033
629
813
367
10,407
-961
482
-8
-250
-4'34
4
148
116
-226
76
-57
-856
5
-299
-1,139
-1,507
1,229
1,300
-1,014
2,656
-844
1
5
-1,341
151
-73
563
,'
1,40;
l_gQU
-985
-515
Based on monthly statement of receipts and expenditures of the
Government.
The loan account data for fiscal years 1963-1966 and all
estimates are from the 1973 Budget document released January 24, 1972.
Includes investments in non-Federal secin-ities.
See Table FFO-2. J/ See Table FF(V3. 4/ See Table FFO-6.
Represents non-interest bearing public debt securities issued to the
IW and international lending organizations (IDA and lADB) in recognition of U.S. Government subscription commitments.
Current fiscal year to date transactions are on the daily Treasury
statement clearance date basis and are converted to accounting date
basis at June 30 (final) only.
Prior fiscal year amounts include
transactions in transit as of June 30, For amounts in transit see
='1
5t'
54
37
Source;
L/
1/
1/
(26)
[2k)
56,345
59,210
61,540
64,784
73,819
79,140
87,661
97,723
105,140
8,123
8,631
9,335
13,377
18,455
24,399
-4
-16
1
305,860
311,713
317,274
319,907
326,221
347,578
353,720
370,919
398,130
-l,'i06
-1,751
-3,341
4,830
-2,447
1,946
123
1
12,380
11,116
12,710
12,450
7,879
6,785
7,544
9,291
10,117
188
1,179
-217
-359
132
2,997
Held by
the
public
7/
^
9/
10/
,
302, 03f
Table FFO-8 in December 1971 Bulletin.
Represents holdings of Special Drawing Rights, less certificates
issued to Federal Reserve Banks.
Includes accrued interest payable on public debt securities, deposit
funds, and miscellaneous liability and asset accounts.
Includes seigniorage, fiscal 1969 conversion of certain corporations
to private ownership, fiscal 1970 reclassification of certificates
of interest of $1,590 million less $7 million investments held by
Government accounts, and net outlays of the ExporV Import Bank of the
U.S. that were reclassified outside the unified budget sphere effective
August 17, 1971.
*
Revised.
Less than $500,000.
r
See Table FD-6.
Treasury Bulletin
.FEDERAL FISCAL OPERATIONS.
Table FFO-2.
-
Budget Receipts by Principal Sources
^
In millions of dollars)
Income taxes
Fiscal year
or month
Net
budget
receipts
Corporation
Withheld
1963
1964
1965
1966
1967
1968
1969
1970
1971
106, 560
W,719
112,662
116,833
130,856
149,552
153,671
187,784
193,743
188,392
34,259
36,840
42,811
50,521
57, 301
70, 132
77,416
76,490
1972 (Est.)
1973 (Est.)
197,827
220,785
76, 200
84,300
Other
14,269
15,331
16,820
18,486
18,850
20,951
27,258
26,236
24,262
Refunds
'.;or]
5,893
4,869
5,851
7,845
9,527
10,191
13,240
14,522
U,500
86, 500
17,000
93,900
654
1,392
7,951
735
3,681
1,407
4,631
4,261
3,114
4»0
191
91
76
7,244r
605
940
Jtine.
July..
Aug
Sept..
Got
Nov ...
Deo
13,198
15,652
19,710
12,462
14,945
17,213
6,221
6,706
5,513
5,941
7,245
6,823
306
3,755
396
264
379
17, 596
15,239
6,627
7,581
4,318
682
1,416
014
52,657
10,588
1.091
.
Apr. ..
May...
1972-Jan.
.
Feb.
.
.
Fiscal 1972
to date. .
.
13''-.,
224
690
47,5SS
48,697
48,792
55,446
61,526
68,726
87,249
90,412
86,230
24,800
26,600
15,128r
13,205
21,024
13,190
22,508
1971-Feb...
Mar.
Net
total
505
55
55
106
1
6,491r
3,366
9,630
3,846
9,867
6,519
6,920
9,192
6,282
7,455
7,096
10,944
6,846
Net
total
24,'iOl
Net total
income
taxes
April 1972
Treasury Bullet
.FEDERAL FISCAL OPERATIONS.
April 1972
.FEDERAL FISCAL OPERATIONS.
Table FFO-3.
-
Budget Outlays by Agencies
(In millions of dollars)
Legis-
Treasury Bulletin
.FEDERAL FISCAL OPERATIONS.
Table FFO-3.
-
Budget Outlays by Agencies
-
(Continued)
(In millions of dollars)
Transportation
Department 2/
Fiscal year
or month
1963
1964
1965
1966
1967
1968
1969
1970
1971
Labor
Departs
4,044
3,532
3,109
3,286 1/
3,272 1/
3,475
4,356
7,923
State
Department
Net
Net
expendilending
tures
'^,895
410
419
424
437
448
468
10,666
11,346
12,014
l?,3ai
33
19,304
20,959
51
55
21,400
22,700
28
10,466
Q,589
545
576
7,801
8,100
1971- Feb...
Mar.
^63
26
25
43
475
U,573
32
U,655
16, 588
336
206
32
16,924
19, 510
20,991
2,724
29,124
37
511
-5
326
July..
Aug...
Sept
Oct...
Nov
Dec
748
716
"06
612
712
7jQ
89
43
70
62
43
58
616
805
716
703
685
689
1972- Jan...
Feb...
'01
34
598
.
.
May..
June.
.
.
.
.
.
Fiscal 1972
to date.
.
736
702
486
477
425
5,290
14
-',745
-?26
7'--:7
Apr
569
-31
-77
10,552
11,433
12,427
13,064
1,709
1,727
1,699
1,695
1,708
=•14
Net
lending
Interest
on public
debt 2/
742
785
793
5,428
5,732
5,970
6,418
7,215
1972 (Est.)
1973 (Est.)
.
Atomic
Energy
Commission
Net expenditures
71-'
403
347
384
General Services Admin.
Treasury Department
83
415
5,037
93r
142
117
124
l,302r
1,869
1,816
Environmental
Protection Net
Net
Agency
expendilending
tures
2,753
2,763
2,625
2,403
2,264
2,466
2,450
2,453
2,275
2,358
2,422
170
169
193
52
328
359
2Q?
319
361
426
20
300
-242
131
413
425
446
701
519
-18
501
2,552
4,171
5,091
5,932
5,423
4,721
4,247
3,749
3,381
1,287
1,541
475
36
Ul
-30
511
110
3,180
3,191
52r
24
-1
40
46
47
43
7
23
55
295
333
252
274
245
-260
133
412
420
1,:=!1'5
1'18
53
35
1,744
251
2'50
1,784
1,810
1,830
1,850
1,800
1,855
-45
27
63
-237
131
-80
1,739
1,837
1,393
1,564
188
143
143
167
1,'"'?1
l'-'3
61
1,774
212
53
1,874
1,771
18
85
1,342
133
202
65
1,3'-:
14.436
1,4^1
14,575
Total
National
Aeronautics
and Space
Admin.
*7
'ft
74
46
57
39
47
•'5
2
»
7
19
-6
1
5
-1
-1
-5
42
-7
-2
-1
-1
-7
51
83
72
56
46
65
377
291
273
266
286
58
285
48
44
34
36
259
276
370
2,312
334
-14
I
April 1972
7
.FEDERAL FISCAL OPERATIONS.
Table FFO-4.
-
Undistributed Intrabudgetary Transactions
Treasury Bulletin
8
.FEDERAL FISCAL OPERATIONS.
vD
CO
O
(J-
ft'H rH
Q
ry
*
t)ril
1972
.FEDERAL FISCAL OPERATIONS.
-a
V
s
a
-M
a
a
O
s
o
a
3
o
%
+^
3
O
bO
D
m
o
10
Treasury Bulletin
.FEDERAL FISCAL OPERATIONS.
Table FFO-6. Investment Transactions of Government Accounts in Federal Securities (Net)
April 1972
11
.FEDERAL FISCAL OPERATIONS.
es
3
u
x>
Cl,
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Treasury Bulletin
12
.FEDERAL FISCAL OPERATIONS,
Table FFO-10.
-
Summary
of Internal
Revenue Collections by States
and Other Areas, Calendar Year 1971
(In thousands of dollars)
Individual income and eirplcyment taxes
Total
collections
States, etc. 1/
Individual
income tax
not withheld
2/
Income tax
withheld and
old-age,
disability,
and hospital
insurance
"'fF"
1,223,435
175,942
Die, 24s
705,139
342, 301
562,100
17,609,613
13,759,950
258,540
29,078
209,629
170,685
2,670,475
950,085
2,694,0<i5
2,232,114
3,049,574
677,847
3,575,020
2,335,476
266,218
565,029
107,062
1,094,594
437,359
1,947, 516
118,736
1,168,938
ii, 576, 381
3,219,482
606,610
481,696
14,504,286
4,301,216
1,596,149
507,024
421,428
10,520,539
3,213,787
1,255,129
95,781
73,019
1,676,336
565,164
383,774
407, 566
339,462
3,633,194
2,627,517
1.310,250
2,767,022
1,394,154
491,230
^,153,639
1,051,639
1,179,479
1,491,785
399,952
4,218,314
298,938
297,942
350,298
91,733
661,453
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
5,435,825
12,510,551
3,583,019
699,584
5,254,067
4,221,287
7,991,634
2,754,535
560,980
3,859,920
Montana
Nebraska
Nevada
New Hampshire
New Jersey
295,266
1,181,949
436,498
463,118
7,651,343
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
Railroad
retirement
9,175
Corporation
income
Unemployment
taxes j/
insurance
10,636
794
5,937
4,738
99,765
197,554
14,350
137,956
87,743
1,943,052
217,231
39,430
2,403
9,043
22,869
5,240
25,204
19,246
422,026
619,465
531,859
362, 338
16
537
119,308
1,661
522
3,662
3,410
36,651
19,445
3,495
71,019
48,805
2,583,045
574,436
260,324
688,607
843,098
1,130,172
300,418
3,419,980
57,639
29,940
1,152
4,353
116,701
6,455
8,498
10,163
3,394
20,676
176,628
341,333
276,680
59,406
449, 260
776,429
989,690
394,457
165,336
574,458
3,405,093
6,927,250
2,249,703
5,864
14,012
90,105
551
64,419
33,900
60,682
20,270
4,782
28,702
785,625
1,474,204
248,880
919,396
337,123
382,441
5,387,358
84,796
219,923
32,377
80,110
1,040,713
162,197
646,461
252,227
299,234
4,299,685
272
47,308
1,617
5,705
2,516
3,084
41,814
31,976
146,606
65,220
49,444
1,543,647
433,379
30,606,266
4,436,072
251,525
11,303,424
376,978
21,311,369
2,365,355
215,983
8,448,457
39,401
2,995,310
462,069
75,590
1,254,443
285,191
18,090,748
1,878,253
139,100
7,103,342
37,496
7,317,610
711,733
20
2,376
179,741
23,814
1,273
27,092
63, 575
1,645,547
1,906,868
1,390,732
11,696,309
351,728
1,105,730
1,221,218
1,165,624
9,056,474
675,212
891,637
283,136
256,438
1,420,617
100,238
173,682
923,216
399,003
7,382,056
568,927
704,187
107
1,044
181,892
23
127
9,709
71,909
6,023
8,641
300,418
153,569
1,313,708
135,643
163,423
244,170
2,123,448
9,266,100
526,155
225,332
205,098
1,695,680
6,462,014
426,734
191,044
70,932
383,332
1,594,372
82,467
46,182
132,319
1,290,459
4,302,265
340, 186
142,610
2,008
17,292
937
828
1,344
14,882
47,585
3,143
1,423
25,306
329,427
1,226,392
71, 887
25,958
Virginia
Washington
West Virginia
Wisconsin
looming
3,055,655
2,381,121
733,799
3,447,027
457,169
398,483
155,259
446,633
50,780
1,572,015
1,430,233
413,325
2,079,744
33,687
48,660
417
47
650
15, 197
175, 503
2,093,040
1,893,380
572,813
2,547,190
135,318
2
14,241
4,187
20,159
848
338,254
271,183
124,334
584, 138
13,403
International 6/
1,232,172
1,043,253
39,683
950,225
2,268
6,079
4,322,497
248,379
223,374
15, 571
4,435
-2,731,594
632,947
-181,429
-181,429
-181,429
226,071
226,071
226,071
196,604,39?
;43,336,733
Alabama
Ala ska
Ari zona
Arkansas
California
1,57^,803
105.
1,
Colorado
Connecticut
Delaware
Florida
Georgi a
i,
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
r^ine
Maryland ^/
South Dakota
Tennessee
Texas
Utah
Vermont
U6,071
626, 53*
386, 275
10,908,947
2,461,634
565,532
2,415,790
1,926,467
390, 311
3,192,340
200
403
80,763
9,337
42
13
3
13
5,U6
10
45,070
1,219
2
9,U0
646,
lU
608, 719
96,677
810,084
21, 545
57,
U6
Undistributed;
Federal tax deposits and depository
receipts 7/
Gasoline lubricating oil, and excess
FICA credits 8/
Transferred to Government of Guam 9/.
.
.
Withheld taxes of Federal employees 10/.
632,947
4,061,981
-3,364,542
Clearing account for Excise taxesaviation fuel & oil-Air Force & Navy...
Total
Internal Revenue Service.
Collections in the various States do not necessarily indicate the
Federal tax biirden of the respective States, since the taxes collected
in one State are, in many instances, borne by residents of other
States. For example, the withholding taxes reported by employers
situated in metropolitan areas near State boundaries include amounts
withheld from salaries of employees who reside in neighborir^ States.
Includes old-age, disability, and hospital insxirance taxes on selfemployment income.
Includes tax on unrelated bxisiness income of exempt organizations.
Consists of estate, gift, and excise taxes; excise taxes on imported
items deposited by collectors of customs; and amounts collected on
Puerto Rican products coming into the United States.
Includes District of Columbia collections.
Consists of collections from U.S. taxpayers in Puerto Rico, Canal
Zone, etc., and in foreign countries.
26,251,733
Source:
1/
2/
%
3/
2/
10/
114,°51,316
1,046,573
1,087,117
30,337,657
Tax payments made to banks, under the Federal tax deposit system or
the prior depositary receipts system, are included in the internal
revenue collections for the period in which the Federal tax deposit
However, such
is purchased or the depositary receipts were issued.
payments are not classified by internal revenue districts (nor by tax
subclasses to which excise tax payments relate) until the Federal tax
deposit payment is applied to the taxpayer's liability in the internal
revenue offices or the depositai^ receipts are received in the
Internal Revenue offices with tax returns.
Represents credits allowable on income tax returns for certain gasolir
and lubricating oil tax payments and for excess Social Security payments under the Federal Insurance Contributions Act (FICA),
Withheld taxes covered into the Treasury of Guam (^8 U.S.C. U21h)
Net transactions in the clearing account on the central books of
the Treasury for income taxes withheld from the salaries of Federal
employees. * Less than $500,
April 1972
13
.FEDERAL OBLIGATIONS.
"Obligations" are
t.lie
l;asis
en
wlii all
introlled in the Federal r.overnment.
at which the
lint
Government makes
the use oC funds is
are recorded
Tliey
firm
a
cuiiimi
at.
the
tment to
;qmre goods or services and are the first of the fcir key
ents
— order,
irize the
delivery, payment, consumption
acquisition and use of resources.
— which chara c-
In (general,
similar transactions requirinj^ the disbursement of money
The obligational stage of Government transactions is a
rategic point in
gauging the impact of
the fiovernment'
lerations on the national economy, since it frequently reprents for
business firms the
Government commitment
which
imulates business investment, including inventory purchases
.d
employment of labor.
Disbursements
nths after the Government
self
usually causes
not occur for
may
places its order but the order
immediate pressure
on the
private
onoiif/
Obligations are classified
action without regard to its ultimate purpose.
for salaries and wages,
for example, are reported as personnel
operations or in the construction of capital items.
Federal agencies and firms
another;
and
often do business with one
the" buying" agency records obligations,
in doing so,
the "performing"
agency records
reimbursements.
p
""iform set
In
Table FO-1, obligations that are incurred within the Govern-
ment are distinguished from those incurred outside the Government.
Tables FO-2,
Obligation
3,
and 4 show only those incurred outside.
data for
the administrative
budget
fund
accounts were first published in the September 1967 Treasury
Bulletin and
the trust fund accounts were
in the October 1967 Bulletin.
Bulletin, the data are on
first published
Beginning with the April 1968
the basis of the budget concepts
adopted pursuant to the recommendations
according to
All payments
compensation, whether the personal services are used in current
they
insist of orders placed, contracts awarded, services received,
id
of categories which are based upon the nature of the trans-
Commission on Budget Concepts.
of the President's
Treasury Bulleth
14
.FEDERAL OBUGATIONS.
Table FO-1.
-
Gross Obligations Incurred Within and Outside the Federal Government by
Object Class, February 29, 1972
(In millions of dollars)
Gross obligations incurred
Object class
Total
Bsrsonal services and benefits
Persoonel compensation
Personnel benefits
Benefits for former personnel
29,228
1,794
3,494
Contractual services and supplies
Travel and transportation of persons
Transportation of things
Rent, communications, and utilities
Printing and reproduction
Other services
Supplies and materials
974
1,532
1,499
221
16,435
11,466
405
1,164
658
178
6,280
4,442
22,715
15,908
Acquisition of capital assets
Equipment
Lands and structures
Investments and loans
9,912
2,703
15,468
1,160
167
16
11,073
2,871
15,485
Grants and fixed charges
Grants , subsidies and contributions
Insurance claijns and indemnities
Interest and dividends
Refunds
28,355
43,945
11,378
481
21
2,015
28,376
45,960
15,918
481
-2,550
507
930
-2,043
5,882
,
Other
Undistributed U.S. obligations
Obligations incurred abroad
Unvouchered
29,228
4,233
3,494
1,379
2,696
2,156
399
2
Gross obligations incurred 1/
181, 2<n
Source:
Reports on Obligations, Standard Form 225, from agencies.
1/ For Federal Budget presentation a concept of "net obligations
incurred" is generally used.
This concept eliminates transactions
within the Government and revenue and reimbursements from the public
which by statute may be used by Government agencies without appropriation action by the Congress. Summary figures on this basis
follow.
(This data is on the basis of Reports on Obligations
received from the agencies prior to reports submitted for Budget
206.213
presentation and therefore may differ somewhat from the Budget
document.
Gross obligations incurred (as above
Deduct
Advances, reimbursements, other income, etc.
Offsetting receipts
Net obligations incurred
$ 206,213
46,456
11,467
143,290
Less than $500,000.
1
Table FO-2.
-
Gross Obligations Incurred Outside the Federal Government by Major Function
and Major Object Class, February 29, 1972
(In millions of dollars)
April 1972
15
.FEDERAL OBUGATIONSirt
f^
m
vo *« r-
S
3
S
S
iH
CD oo
a- CO
r^
t^ ;*
Treasury Bulletin
16
.FEDERAL OBUGATIONS.
8
«
a
s
%
o
"3
•a
00
^
o
in
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17
April 1972
ACCOUNT OF THE TREASURER OF THE UNITED STATES.
Source and Availability of the Balance
I
in the
Treasurer's Account
The working cash of the Treasury is held mainly in
Treasury, banks are permitted to deposit in these accounts
'reasurer's accounts with Federal Reserve banks and branches.
proceeds from subscriptions to public debt securities entered
they are
for their own account as well as for the account of their
,s
the balances in these accounts become depleted,
•estored by calling in (transferring) funds from the tax and
customers.
The tax and loan account system permits the Treasury to
oan accounts with thousands of commercial banks throughout
,he
leave funds in banks and in the communities in which they arise
country.
Deposits to tax and loan accounts occur in the normal
:ourse of business under a uniform procedure applicable to all
until such time as the Treasury needs the funds for its operaIn this way the Treasury is able to neutralize the
tions.
lanks
whereby customers of banks deposit with them tax pay-
effect of its fluctuating operations on bank reserves and the
lents
and funds for the purchase of Government securities,
econoiny.
n most cases the transaction involves merely the transfer of
loney from a customer's account to the tax and loan account in
he same bank.
On occasions, to the extent authorized by the
Table TUS-1.
-
A
detailed description of the Treasury's depositary system
may be found in the Annual Report of the Secretary of the
Treasury for 1955, pages 275-28^.
Status of the Account of the Treasurer of the United States
^In millions of dollars)
Treasury operating balance
Funds in process
of collection
through
ly'
Available funds in
End of
fiscal year
or month
1963
196<
1965
1966
1967
1968
1969
1970
1971
riemand acnoimt.s xt-
Federal
Reserve
Banks
tUb
939
672
766
311
1
1,07.;
1,258
1,005
1,274
1970-Dpc
.
1971 -Mar.
Apr.
May.
1,15c
,
-
5
1,274
July
Oct.
Nov.
Dec.
1,115
987
2,102
1,876
l,9°b
2 020
1972^an.
2,860
Feb.
Mar.
884
1,2QT
Sept
6,834
"22
,
= 38
7,372
5,°68
8 40?
,
7,763
4 667
,
9,i7;-
8,118
6,075
6 '«!
Federal
Reserve
Banks
Other
depositarie;
2/
10,^24
9,180
lO.bSQ
10,050
4,272
4.113
4,525
c,Q29
:-5P
1
June
Aug.
Special
depositaries
Treasury Tax
and Loan
Accounts
11,251
10,238
11,469
10,917
5,695
5,29s
5,894
8,045
3,755
342
234
233
370
577
8,099
241
352
393
355
419
Other
depositaries
i/
Time deposit)
and other
depositary
accounts
Coin,
currency,
and coinage
metal
Miscellaneous
items
Gold
balance
Balance in
account of
Treasurer
of the
United
States
Treasury Bulletin
18
.ACCOUNT OF THE TREASURER OF THE UNITED STATES.
Table TUS-2.
-
Analysis of Changes in Tax and Loan Account Balances
(In millions of dollars)
Balance
During period
Proceeds from sales of securities 1/
Fiscal year
or month
1963
1964
1965
1966
1967
1968
1969
1970
1971
,
1971 4«ar.
Apr.
May.
June
oavings
bonds
and
savings
notes 2/
2,699
2,760
2,635
2,704
2,783
2,673
2,599
2,573
2,844
Retirement
plan and
tax and
loss
bonds V
Tax
anticipation
securities
2,963
2,340
7,368
7,643
9,538
10,408
13,043
6,954
273
?64
;-'58
July
Aug.
Oct.
Nov.
Dec.
Feb.
Mar.
Other
^
2/
^
it/
Total
credits
Withdrawals
End of
period
High
Average
')
1,627
1,173
9,576
5,417
3,640
12,421
499
1,508
1,599
2,250
12,768
12,267
10,608
14,795
13,541
14,062
12,471
17,304
16,705
10,161
13,995
15,869
7,462
5,938
7,372
b,705
7,462
8,117
7,382
2,636
846
4,427
1,458
4,055
3,838
6,458
3,592
1
9,991
10,475
12,112
9,131
9,902
13,605
11,991
11,^57
13,570
11,311
10,149
18,575
13,395
9,518
14,216
14,403
12,593
11,622
5,968
8,408
7,763
4,667
2,223
9,173
6,625
8,508
7,907
6,803
4,159
10,242
4,907
2,454
4,122
2,372
1,765
1,737
5,869
5,618
6,043
4,205
2,737
5,312
10, 160
10,474
11,700
17,234
11,522
13,745
16,917
8,118
6,075
6,391
8,175
7,562
8,318
4,489
3,048
4,146
6,U5
.;,7ii
314
71U
1,522
Office of Fiscal Assistant Secretary; fig\ires are on basis of
telegraphic reports.
Special depositaries are permitted to make payment in the form of a
deposit credit for the purchase price of U.S. Government securities
purchased by them for their ovm account, or for the account of their
customers who enter subscriptions through them, when this method of
payment is permitted imder the terms of the circulars inviting subscriptions to the issues,
United States savings notes first offered for sale as of May 1, 1967
and were discontinued after June 30, 1970.
Retirement plan bonds first offered for sale as of January 1, 1963;
tax and loss bonds first Issued In March 1968.
Taxes eligible for credit consist of those deposited by taxpayers in
6,835
9,921
12,598
14,522
9,257
11,394
15,391
Soiirce;
1/
Income (by
special
arrangement 5/
41,267
43,580
42,475
48,478
70,524
90,791
123,906
132,460
131,121
5,830
2,014
1,220
1,218
1,047
Sept
1972-Jan.
Withheld
excise,
and corporation
5/
57,595
58,277
60,050
74,699
91,382
112,583
142,333
151,721
153,346
56,085
59,421
58,540
75,338
97,160
112,741
141,921
149,317
152,900
10,324
9,180
10,689
10,050
4,272
4,113
4,525
6,929
7,372
10,324
10,257
10,872
11,274
9,979
8,004
9,720
7,990
8,532
2,535
1,577
1,844
447
710
1,029
709
894
846
5,325
4,747
5,431
4,324
3,775
4,191
4,329
4,022
5,146
;!,5bl
5,667
6,256
the depositary banks, as follows:
Withheld income taxes beginning
March 1948; taxes on employers and employees iinder the Federal Insurance Contributions Act beginning January 1950, and under the Railroad
Retirement Tax Act begijining July 1951; a ntimber of excise taxes
beginning July 1953; estimated corporation income taxes beginning
April 1967; all corporation income taxes due on or after March 15, 1968;
and FITTA taxes beginning April 1970.
Under a special procedure begun in March 1951, authorization was given
during certain periods for income tax payments, or a portion of them
made by checks of $10,000 or more drawn on a special depositary bank,
to be credited to the tax and loan account in that bank.
This procedure was discontinued in April 1967.
Less than $500,000.
April 1972
19
J^CCOUNT OF THE TREASURER OF THE UNITED STATES
Table TUS-3.
-
Summary
of the
of Cash Transactions through the Account
Treasurer of the United States
(In millions of dollars)
i
Fiscal year
Treasury Bulletin
20
.MONETARY STATISTICS.
Table MS-1.
-
Money
in Circulation
(In millions of dollars except per capita figiares)
Currencies no longer issued
End of
fiscal year
1963
1964
1965
1966
1967
1968
1969
1970
1971
Federal
Reserve
bank
notes
78
73
68
64
61
59
57
55
54
National
bank
notes
37
36
22
4
1
1
21
1
1
302
303
300
299
294
297
1
321
20
20
20
20
20
20
53
53
20
20
1972^an.
Feb..
End of
V
50,812
112
315
317
320
321
48,734
49,389
49,618
50,377
51,304
49,345
50,001
50,232
50,993
51,922
322
322
321
321
321
321
51,448
51,750
51,625
52,011
53,306
53,678
52,065
52,367
52,241
52,627
53,922
54,293
216
321
21
:'21
52,041
52,369
52,655
52,983
21C
54
54
54
53
53
53
Total
currencies
50,204
220
218
20
20
20
20
20
Federal
Reserve
notes
32,592
34,529
36,058
38,290
40,071
42,331
45,146
48,223
51,922
20
20
20
54
54
54
54
54
Oct.
Nov.
Dec.
United
States
notes
30,274
32,338
34,820
37,315
39,289
41,722
44,547
47,626
51,30A
1
21
1971 -Feb.
Mar.
Apr.
May.
Sept
Treasury
notes of
1890
21
20
July
1,847
1,7? 3
Federal
Reserve
notes 2/
319
55
Aug.
20
IQ
Silver
certificates
18
18
1970-Dec.
Jxine
Cold
certificates 2/
C'irrencies presently
being issued 1/
1
'^
21
21 g
217
21"
.:
.
I
'
r.
;i"
»;
321
ipril
1972
21
FEDERAL DEBT,
Table FD-1.
-
Summary
of Federal
Debt
in millioriE of dollars)
Jecurities held hy
Total outstandii.
.Qovemment accounts
End of
fiscal year
or month
Total
Public
debt
securities
1
313,983
320,344
326,609
333,284
344,676
371,978
367,969
383,428
410,292
305,860
311,713
317,274
319,907
326,221
347,578
353,720
370,919
398,130
'0-Eec
401,648
389,158
1-Feb
Mar.
Apr.
May.
June
403,167
3
4
5
6
7
\i
.9
July
Aug.
Sept
Oct.
Nov.
Dec.
2-Jan.
Feb.
Agency
securities
Public
debt
securities
Agency
securities
IMF & International
lending organizations
1/
The public
Publ Ic
debt
secxirl-
ties
2^'
securities
Treasury Bulleth
22
.FEDERAL DEBT.
Table FD-3.
Interest-Bearing Public Debt
-
(In millions of dollars)
Public issues
End of
fiscal year
or month
Total
interest
bearing
public
debt
Norjnarketable
Marketable
Total
public
issues
Treasury
bonds
Certif-
icates
Treasury
bonds
investment
U.S.
Total
savings
Depositary
bonds
series
4,331
1,366
1,500
78, 1(
52,324
52,541
52,788
53,003
2,351
2,350
2,348
2,347
25
23
23
23
4,571
5,056
7,831
7,606
1,616
1,616
1,664
1,664
1,383
2,904
2,895
3,389
80, 0(
79,61
81,7:
82, 7(
71,206
76,129
74,559
73,609
73,922
74,614
53,221
53,444
53,616
53,831
54,062
54,275
2,346
2,339
2,337
9,431
14,385
14,230
14,144
14,293
14,738
1,664
1,998
2,005
2,008
2,008
2,013
4,522
3,940
2,348
1,284
1,217
1,246
84,6-
2,321
2,321
2,320
22
22
22
22
22
22
75,021
75,281
75.254
54,484
54,755
55,075
2,320
2,316
24
24
2,3U
25
14,703
14,703
14,456
2,147
2,148
2,072
1,343
1,333
1,312
101,227
58,563
61,434
51,842
247,457
245,888
245,635
245,473
88,977
87,504
89,096
86,677
104,305
104,271
102,495
104,807
54,175
54,112
54,043
53,989
62,271
64,490
67,550
68,032
318.857
325,782
324,490
325,849
328,378
336,652
247,649
249,654
249,931
252,240
254,456
262,038
88,918
89,601
88,644
89,028
89,829
97,505
104,813
108,184
109,473
111,462
113,964
113,965
53,918
51,868
51,814
51,750
50,664
50,568
336,939
336,495
340.633
261,913
261,215
265,330
97,517
98,122
102.371
113,964
112,911
112,935
50,436
50,182
50.073
309,146
247,713
1971-Mar
Apr.
May.
389,777
390,029
394,922
396,289
309,728
310,377
313,184
313,505
Oct.
Nov.
Dec.
403,533
412,762
410,450
410,181
412,733
422,308
1972-Jan.
Feb.
Mar.
421,090
422,090
425,536
Sept
24
87,923
387,252
Aug.
2,370
103
103
59
44
1970-Dec
July
23
3,921
3,546
3,256
2,692
2,589
2,516
2,459
2,387
2,347
1965
1966
1967
1968
1969
1970
1971
J Vine
44, 8C
46,6;
48,6;
48,314
49,299
50,043
50,537
51,213
51,712
51,711
51,281
53,003
47,230
50,740
53,665
54,929
58,535
64,440
68,356
76,154
86,677
22,169
,652
,610
648
29
68
141
137
97
282
564
1,656
3,389
53,645
54,240
55,768
55,183
55,459
58,282
58,833
60,103
68,032
203,508
206,489
208,695
209,127
210,672
226,592
226,107
232,599
245,473
Specia
issuee
630
832
1,137
957
890
1,740
2,367
1,366
1,664
81,964
88,464
102,481
101,897
97,418
91,079
78,805
62,956
53,989
257,153
260,729
264,463
264,311
266,131
284,874
284,940
292,702
313,505
196/i
Foreign
currency
Other
series
securities 2/
1,132
817
624
2,001
1,703
3,389
7,606
52,145
67,284
52,549
50,649
49,108
71,073
78,946
93,489
104,807
301,954
307,357
313,113
315,431
322,286
344,401
351,729
369,026
396,289
1963
Foreign
series
securities 1/
45
30
28
25
392
51, i;
56, i:
59,5;
66,7=
76,3;
82,7!
86,91
85, 9(
84,3:
84,3:
85,6:
84,1
85,5'
84,9(
-L.
Source: Daily Treasury statement.
1/ Consists of certificates of indebtedness, Treasury notes beginning
January 1963, and Treasury bonds beginning September 1964, sold to
foreign governments for U.S. dollars.
2/ Consists of the dollar equivalent of Treasury certificates of indebtedness; Treasury bonds from October 1962 - April 1967; and Treasxiry
notes beginning November 1966 issued and payable in designated
2/
foreign currencies.
Includes Treasury bonds. Rural Electrification Administration series
beginning July I960; retirement plan bonds beginning January 1963;
Treasury certificates beginning June 1963; Treasury certificates
eurodollar series from April 1971 -September 1971. Treasury bonds
beginning January 1964; and U.S. savings notes beginning May 1967
and discontinued after June 30, 1970.
\
Table FD-4.
-
Maturity Distribution and Average Length of Marketable Interest-Bearing Public Debt
(In millions of dollars)
Maturity classes
End of
fiscal year
Amount
outstanding
1-5
Within
1 year
years
10
10 - 20
years
Average length
20 years
and over
1963
1964
1965
1966
1967
1968
1969
1970
1971
203,508
206,489
208,695
209,127
210,672
226,592
226,107
232,599
245,473
85,294
81,424
87,637
89,136
89,648
106,407
103,910
105,530
112,772
58,026
65,453
56,198
60,933
71,424
64,470
62,770
89,615
89,074
37,385
34,929
39,169
33,596
24,378
30,754
34,837
15,882
24,503
8,360
8,355
8,449
8,439
8,425
8,407
8,374
10,524
8,455
14,444
16,328
17,241
17,023
16,797
16,553
16,217
11,048
10,670
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
3 yrs.
3 yrs.
1970-Dec.
247,713
123,423
82,318
22,553
8,556
10,863
3
1971-Mar.
Apr.
May.
June
247,457
245,838
245,635
245,473
114,940
113,466
113,959
112,772
86,025
85,990
88,004
89,074
27,199
27,199
24,502
24,503
8,513
8,491
8,472
8,455
10,780
10,742
10,699
10,670
3 yrs.
July
Oct.
Nov.
Dec.
247,649
249,654
249,931
252,240
254,456
262,038
115,014
116,664
117,662
118,007
108,911
119,141
89,077
92,865
90,915
92,940
96,204
93,648
24,503
21,115
22,397
22 397
29,321
29,321
8,435
8,420
8,404
8,385
9,566
9,530
10,622
10,590
10,553
10,511
10,454
10,397
1972-Jan.
Feb.
Mar.
261,918
261,215
265,380
119,152
122,067
126,315
93,646
93,089
29,318
26,347
26,349
9,484
9,459
9,419
10,317
10,253
10,191
Aug.
Sept
93, 106
,
yrs.
1 mo.
mo.
4 mos.
11 mos,
7 mos.
2 mos.
mo.
8 mos.
6 mos.
4 mos.
23
April 1972
.FEDERAL DEBT.
Table FD-5.
-
Special Public Debt Issues
'In millions of dollars)
End of
fiscal year
or month
Total
Exchange
Stabilization
Fund
i^ 801
loe
292
232
560
833
722
Federal
employeec
retirement
funds
Federal
Deposit
Insurance
Corporation
260
270
312
57
174
120
74
156
2,165
1,903
1,563
1,150
1,376
1,891
3,042
4,435
5,713
963
96A
965
966
967
968.....
969
970
971
46,627
48,650
51,120
56,155
59,526
66,790
76,323
82,784
1,242
12,438
13,530
14,577
15,189
15,569
15,668
17,354
18,931
21,644
970-Dec
78,106
227
20,027
176
971 -Mar.
80,049
79,652
81,738
82,784
872
912
929
1,242
20,423
20,442
20,740
21,644
84,676
86,980
85,961
84,332
84,355
85,656
1,395
2,361
2,364
2,503
2,513
2,513
^4,151
85,595
84,902
2,506
2,509
2,578
Apr.
May.
June
July
Aug.
Sept
Oct.
Nov.
Dec.
972^an.
Feb.
Mar.
End of
fiscal year
4,966
175
3,093
25,787
53
117
155
156
5,259
5,415
5,607
5,713
683
66
57
44
2,961
2,853
2,927
2,980
26,630
27,092
28,127
27,248
22,095
22,159
22,194
22,193
22,285
22,917
151
161
164
165
215
75
70
216
5,686
5,866
5,885
5,804
5,816
5,946
57
119
102
112
2,849
2,975
2,920
2,739
2,635
2,947
26,606
27,796
27,457
26,590
26,543
26,573
23,002
23,055
23,123
277
328
230
5,895
6,011
6,123
114
108
99
2,829
2,862
2,803
26,114
27,147
27,139
Highway
trust fund
National
service life
insurance
fund
Railroad
retirement
accounts
Unemployment
trust fund
956
933
938
814
876
842
797
758
678
609
265
238
722
978
513
602
3,635
5,714
5,783
5,909
6,113
5,744
5,856
5,754
5,915
6,068
776
2,823
5,961
763
758
752
758
3,305
3,388
3,581
3,635
5,995
5,981
5,970
6,068
52
45
755
749
744
739
734
744
3,700
3,646
3,689
3,656
3,657
3,753
6,069
6,064
6,055
6,044
6,036
6,160
2,528
2,094
1,885
1,788
1,763
1,897
17
49
70
740
728
716
3,762
4,034
4,039
6,175
6,072
6,013
1,453
1,590
1,452
Federal Savings
and Loan
Insurance
Corporation
970-Dec
971 ^Mar.
40
Apr.
May.
June
81
85
89
July
35
Aug.
99
82
17
372-Jan.
Feb.
Mar.
Federal
old-age and
survivors
insurance
trust fond
786
1,192
1,259
1,890
2,583
2,980
3
Oct.
Nov.
Dec.
Federal
hospital
insurance
trust fund
152
52
199
44
36
73
80
89
Sept
Federal home
loan banis
14,221
14,799
15,261
14,403
17,840
19,221
21,986
25,939
27,248
,
98
332
287
223
963
964
965
966
967
968
969
970
971
Federal
disability
insurance
trust Fund
Govemjnent
life insurance
fund
,003
85
Postal
service fund
82
100
924
52
2,786
Other
1/
24
Treasury Bulletin
-FEDERAL DEBTTable FD-6.
-
Interest-Bearing Securities Issued by Government Agencies
C
Defense
Department
End of
fiscal year
or month
1963
1964
1965
1966
1967
1968
1969
1970
1971
Total
'!,123
8,631
9,335
13,377
13,A55
12,?10
12,161
1970- Dec.
Family housing
mortgages and
Homeowners
assistance
mortgages
In millions of dollars)
Hoiising and Urban Development Department
Hoiising
Government
National
Mortgage
Association
Secondary
market
operations
1,727
476
7,230
1,882
475
483
483
488
487
6,430
6,430
6,075
6,075
6,005
2,632
3,127
3,125
3,125
2,625
1,625
1,621
1,128
1,121
1,120
1,420
12,lo3
Nov.,
Deo.,
11,203
11,223
10,720
10,770
10,760
11,044
1,678
1,673
1,657
1,648
1,643
1,636
486
485
480
473
474
470
5,970
5,970
5,970
5,970
5,940
5,915
1972- Jan..
Feb.,
10,570
11,137
1,629
469
5,390
1
1,961
1,699
1,797
3,269
4,079
5,887
6,?p
520
827
1,022
1,385
2,164
2,571
2,472
1,893
2,625
Federal
Home Loan
Bank Board
lennessee
Valley
Author! ty
469
525
709
881
1,072
1,230
2,172, 36'
2,522,8Q
3, 36
3,77:'
1,418
1,716
250
(Memorandum)
Other independent
agencies - (Continued)
End of
fiscal year
or month
Banks for
cooperatives
y
548
577
517
487
JuliT
Oct.
Export- Import
BanJt of the
United States
300
2,110
4,830
7,900
8,600
7,320
6,005
570
441
492
1,713
1,706
1,700
1,692
1,683
Aug.
Farm Credit Administration
United
States
Postal
Service
586
793
12,503
13,021
Sept
Other independent agencies
2,268
2,238
2,183
2,112
2,036
1,951
1,863
1,775
1,683
1971-Feb.
Mar.
Apr.
May.
June
12,67t12, "16
Federal
National
Mortgage
Assn. 2/
Federal
Administration
1/
Banks for
Federal home
cooperatives loan banks
Federal
intermediate
credit banks
y
1,^
130
225
235
1963
1964
1965
1966
1967
1968
1969
1970
1971
525
728
996
1,355
1,411
1,529
1,790
9,9U
1970- Dec.
1,166
1,776
1971-Feb.
Mar.
Apr.
1,245
1,266
1,285
1,327
1,355
Federal
land
banks
Federal
National
Mortgage
Association
2/5/
District of
Columbia
Stadium
Fund
20
20
7,923
4,240
4,942
5,705
2,725
2,974
3,532
4,106
4,612
5,319
5,720
6,192
6,652
8,076
13,165
14,996
20
20
20
20
20
20
20
10,532
4,863
6,405
15,206
20
1,840
1,839
1,920
1,850
1,790
9,653
9,188
8,536
8,077
7,923
5,023
5,144
5,401
5,532
5,705
6,536
6,500
6,739
6,654
6,652
15,112
15,123
15,078
15,U2
U,996
20
20
20
20
20
Oct.
Nov.
Dec.
1,435
1,466
1,477
1,545
1,575
1,595
1,746
1,810
1,310
1,764
1,782
1,820
7,871
7,789
7,743
7,930
7,709
7,679
5,775
5,805
5,776
5,744
5,668
5,565
6,934
6,898
6,896
7,088
7,075
7,075
15,639
15,761
16,242
16,984
17, 138
17,701
20
20
20
20
20
20
1972-Jan.
Feb.
1,656
1,685
1
387
7,678
5,600
5,660
7,074
7,205
17,442
17,314
20
20
4,2>jl
417
^fey.
June
July
Aug.
Sept
Source: Bureau of Accounts.
1/ Includes unredeemed matured securities outstanding on which interest
has ceased.
2/ Effective September 30, 1968, Federal National Mortgage Association
was converted to private ownership pursuant to provisions of the
Housing and Urban Development Act of 1968 (P.L. 90-448).
,
4,757
6,310
4,588
4,702
5,524
7, .-24
y
y
Effective December 31, 1968, banks for cooperatives and Federal intermediate credit banks were converted to private ownership pursuant to
provisions of Public Law 90-582, October 17, 1968.
Includes mortgage backed bonds beginning November 1970,
Includes mortgage backed bonds beginning June 1970,
Less than $500,000.
bril
1972
25
FEDERAL DEBT
Table FD-7.
-
Participation Certificates
'In millions of dollars - face amounts)
Participation certificates issued by GNMA acting as trustee
Agriculture
Department
Fiscal year
or month
Commodity Credit
Corporation
Retirements
Export -Import Bank
of the United States
Outstanding
Retire-
ments
3
30
5
66
255
396
6
f.l
7
.;
I
'^50
3
i6Q
9
2,iei
3
321
1
1-Feb..
Mar,
Apr.
May..
June.
July.
Aug..
Sept.
Oct..
Nov.
Dec
2 -Jan.
Feb..
Farmers Home
Adjijinistration 1/
50
Outstanding
520
827
022
385
i/
Mb
183
814
i93
1,226
I
UL t -
Standing
Retirements
Outstanding
Health, Education,
and Welfare
Department 2/
Retirements
Outstanding
Treasury Bulleth
26
FEDERAL DEBT,
Table FD-8.
-
Debt Subject
to Statutory Limitation
(In inillions of dollars)
Total outstanding subject to limitation
End of
fiscal year
or month
Statutory
debt
limit
Public debt
securities
Interest bearing debt
subject to limitation
Agency securities
Public debt
& debt of District
securities
of Columbia l/
Agency
District of
securities
Columbia 2/
1/
397, 503
607
313
590
462
512
3,819
3,847
3,137
1,972
301,954
307,357
313,113
315,431
322,286
344,401
351,729
369,026
396, 289
586
792
569
441
492
3,798
3,827
3,117
1,952
391,626
388,530
3,097
387,252
3,076
430,000
430,000
430,000
430,000
393,343
393,231
398,191
399,475
391,040
391,263
396,218
397,503
2,303
1,968
1,973
1,972
389,777
July.
Aug..
Sept.
Oct..
Nov,
Dec.
430,000
430,000
430,000
430,000
430,000
430,000
406,644
415,936
413,607
413,271
415,954
425,462
404,672
413,966
411,642
411,308
413,995
423,506
1,971
1,970
1,965
1,963
1,959
1,955
1972-jan.
Feb..
Mar.
430,000
430,000
450,000
424,192
425,358
428,667
422,238
423,408
426,720
1,954
1,951
1,^47
307.000
324,000
324,000
328,000
336,000
358,000
377,000
377, 000
430,000
306,099
312,164
317,581
320, 102
326,471
350,743
356,932
373,425
399,475
305,492
311,351
316,991
319,641
325,959
346,925
353,084
370,288
395,000
1971 -Mar..
Apr..
May..
June.
1963
1964
1965
1966
1967
1968
1969
1970
1971
1970-Dec
.
.
Matured debt and debt bearing no
interest subject to limitation
Public debt
securities
Agency
securities
April 1972
27
FEDERAL DEBT,
Table FD-9.
-
Status and Application of Statutory Limitation
The Second Liberty Bond Act (31 U.S.C. 757b), as amended,
provides that the face amoimt of obligations issued under
authority of that Act, and the face araoimt of obligations
guaranteed as to principal and interest by the United States,
shall not exceed in the aggregate $4.00 billion outstanding
Public Law 92-5 provides that beginning
at any one time.
and ending June 30, 1972,
the public debt
March 17, 1971,
and
limit shall be temporarily increased by $30 billion;
Public Law 92-250 provides that beginning March 15,
1972,
the public debt limit shall be
ending June 30, 1972,
and
Part A.
-
further temporarily increased by $20 billion to $450 billion,
The Act of June 30, 1967 (Public Law 90-39) provides
that the face amount of beneficial interests and participations issued under section 302 (o) of the Federal National
Mortgage Association Charter Act (12 U.S.C. 1717 (c)) during
the fiscal year 1968 and outstanding at any time shall be
added to the amount otherwise taken into account in determining whether the requirements of the above provisions are
met.
Status Under Limitation
March
31,
1972
(In millions of dollars)
The statutory debt limit established by the Second Liberty Bond Act, as amended
757b )
(31 U .S .C
450,000
.
Amounts outstanding subject to statutory debt limitation:
U.S. Government securities issued under the Second Liberty Bond Act, as amended
Debt of U .S Government agenc ies
Participation certificates (12 U.S.C. 1717(o))
426,720
482
.
I,i(i5
Total amount outstanding subject to statutory debt limitation
428,667
Balance issuable under limitation
Part B.
21,333
Application of Statutory Limitation
-
March
31, 1972
(In millions of dollars)
Total
Classification
Public debt:
Interest-bearing debt:
marketable:
Public issues
Treasury bills
Treasury notes
Treasury bonds
outstanding
—
Total public ^Issues
—
marketable
102, 371
112,935
50,073
265,380
—
nonmarketable:
Public issues
Certificates of indebtedness:
Foreign series
Foreign currency series
Treasury notes
Foreign series
Foreign currency series
Treasury bonds
Treasury certificates
U.S. savings bonds
U .S savings notes
retirement plan bonds
U .S
Depositary bonds
Treasury bonds, R.E.A. series
Treasury bonds , investment series
.
.
Total public issues
—
nonmarketable
Special issues to Government agencies and trust funds
Total interest-bearing debt
Matured debt on which interest has ceased
Debt bearing no interest:
Special note of the United States:
International Monetary Fund series
Mortgage Guaranty Insurance Company Tax and Loss Bonds
U .S savings stamps
Excess profits tax refund bonds
U .S notes
Deposits for retirement of national bank and Federal Reserve bank notes.
Silver certificates
Other debt bearing no interest
.
.
Total debt bearing no interest
Total public debt
.S
.
Government agencies
Total public debt and debt of U.S. Government agencies
Deduct debt not subject to limitation
Add partic ipation certificates
Total subject to limitation
Source:
Daily Treasury statement.
•
Less than $500,000.
8,188
1,905
250
426
55,075
573
54
25
10
2,314
75,254
84,902
425,536
290
825
23
48
1
323
73
216
10
1,513
427, 344
Debt of U.S. Government agencies:
Interest-bearing debt
Matured debt on which interest has ceased
Total debt of U
6,268
167
482
482
427,826
524~
1,465
428,667
Treasury Bulletin
28
FEDERAL DEBT.
Table FD-10.
-
Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
I
pril
29
1972
PUBLIC DEBT OPERATIONS,
Table PDO-1.
-
Maturity Schedule of Interest-Bearing Marketable Public Debt Securities
Other than Regular Weekly and Annual Treasury Bills
Outstanding March
31, 1972
(In millions of dollars)
Treasury Bulleth
30
.PUBLIC
Table PDO-2.
DEBT OPERATIONS.
-
Offerings of Treasury Bills
(Amount in millions of dollars
Description of new issue
Number of
days to
maturity 1/
Issue date
Maturi ty
date
Amount of
bids
tendered
Amount of bids accepted
Total
amount
On competitive basis
On noncompetitive basis 2/
Amount
maturing on
issue date
of new
offering
Regular weekly:
(l>-week and 26-week)
1971-Dec.
1
91
132
3,582.8
2,842.1
2,301.6
1,600.9
2,092.3
1,513.9
208.3
36.9
2,300.3
1,394.9
June
9
8
91
182
3,622.7
2,904.7
2,301.3
1,601.1
2,088.0
1,502.8
213.3
93.2
2,303.2
1,400.5
16
Mar.
June
16
15
91
182
3,377.9
2,700.1
2,300.5
1,600.4
2,074.0
1,508.6
226.5
91.8
2,300.1
1,400.4
23
Mar,
June
23
22
91
182
3,229.4
3,911.2
2,309.4
1,601.8
2,119.6
1,512.9
139.8
88.8
2,300.5
1,603.3
Mar.
30
29
91
182
3,374.8
2,749.2
2,302.9
1,601.4
2,085.4
1,502.6
217.5
98.3
2,301.2
1,600.5
6
6
-11
182
3,621.4
2,775.1
2,302.2r
1,601.3
2,095.9
1,512.3
206.4
89.0
2,300.6
1,591.3
13
13
182
3,357.5
2,862.2
2,301.4
1,600.2
2,084.2
1,494.4
217.2
105.8
2,301.8
1,600.6
20
20
91
182
3,662.1
2,718.1
2,300.9
1,600.8
2,086.9
1,516.4
214.0
84.4
2,301.0
1,600.7
27
27
91
182
3,655.6
3,601.8
2,300.6
1,603.2
2,104.8
1,500.4
195.7
102.8
2,301.9
1,600.7
i.
91
3
182
3,346.6
2,802.2
2,300.5
1,600.0
2,089.1
1,525.5
211.4
74.5
2,301.7
1,600.9
11
10
91
182
3,643.3
3,177.7
2,300.7
1,600.2
2,095.9
1,517.6
204.8
32.6
2,300.3
1,600.0
18
17
91
Aug.
182
3,815.6
3,103.7
2,405.3
1,800.5
2,216.5
1,713.0
133.8
87.5
2,301.1
1,599.3
May
25
Aug.
24
91
182
3,906.1
3,787.8
2,400.3
1,302.7
2,227.9
1,737.7
172.9
65.0
2,300.5
1,600.0
June
1
31
91
182
3,609.0
3,480.6
2,400.6
1,796.1
2,213.0
1,716.7
187.6
79,4
2,301.6
1,599.8
6,430.0
3,064.6
2,908.3
156.4
4,129.3
3,608.9
2,400.9
1,300.3
2,211.5
1,721.3
139.4
79.0
2,301.3
1,601.3
;i972-Mar.
June
2
Mar.
9
30
1972-Jan.
Jiane
Apr.
6
July
Apr.
13
July
Apr.
20
July
Apr.
27
Feb.
July
May
Aug.
3
May
10
Aug.
May
17
2A
Mar.
2
Aug.
91
6i/
91
9
June
Sept.
132
16
June
Sept.
182
3,462.4
3,016.0
2,401.5
1,800.7
2,182.7
1,719.3
218.8
80.3
2,300.5
1,601.0
91
182
3,815.6
3,476.3
2,400.7
1,801.0
2,189.3
1,708.4
211.4
92.6
2,309.4
1,600.1
Sept.
91
182
3,976.4
4,442.8
2,300.4
1,804.9
2,095.7
1,719.6
204.7
85.3
2,302.9
1,804.4 V'
Apr.
U2
Jxine
191
4,777.9
4,382.7
2,506.5
2,010.3
2,261.2
1,749.9
245.3
260.4
Apr.
lU
June
175
3,589.4
2,737.0
1,526.2
1,016.1
1,210.7
761.2
315.5
255.0
31
'l971-Dec.
1972- Mar.
275
366
1,490.7
2,177.4
500.4
1,200.3
483.1
1,174.2
17.3
26.0
500.6
1,201.1
Apr.
30
Jan.
Apr.
276
366
1,448.5
2,223.4
500.2
1,200.5
485.5
1,171.5
U.7
29.1
500.4
1,200.0
May
31
May
366
2,346.5
1,200.8
1,170.5
30.3
1,200.2
Feb.
273
1,631.7
500.1
486.9
13.2
501.3
Mar.
1,301.9
2,152.4
500.3
1,200.3
435.0
1,160.5
15.3
39.3
1,
500.8
201.4
J tine
23
Sept.
Jxine
30
Tax anticipation
1971-Dec.
1
:
13
29
9-Month and One-Year
1971-Mar.
June
91
:
1
June
275
366
July
31
July
366
2,300.1
1,202.5
1,154.9
47.5
1,202.4
Aug.
2
Apr.
272
1,582.7
501.1
484.5
16.7
500.6
31
May
Aug.
274
366
1,543.5
2,262.4
500.3
1,199.9
483.6
1,168.9
16.6
31.0
500.8
1,203.5
Sept.
30
June
Sept.
274
366
1,370.2
2,220.0
500.5
1,200.7
480.2
1,166.4
20.3
34.3
500.5
1,202.5
Oct.
31
Oct.
366
2,384.9
1,200.3
1,168.7
31.6
1,201.4
Nov.
1
July
273
1,523.6
500.2
485.2
14.9
499.7
30
Aug.
Nov,
275
366
1,528.4
2,099.2
500.3
1,200.7
483.6
1,176.3
16.7
24.4
501.3
1,200.5
31
Sept.
Dee.
274
366
1,488.4
2,289.5
501.3
1,200.5
436.3
1,171.3
15.0
29.2
500.4
1,201.2
30
Dec.
1972-Jan.
31
Oct.
1973-Jan.
274
366
1,506.2
2,203.6
499.9
1,200.4
487.4
1,182.1
12.5
18.3
500.2
1,199.5
Feb.
29
1972- Nov.
1973-Feb.
275
365
1,526.2
1,915.0
'500.1
1,200.1
500.1
1,130.2
15.0
19.9
500.1
1,201.1
Mar.
31
1972- Dec.
1973-Mar.
275
365
1,534.3
2,320.4
1
500.6
200
437.2
1,176.3
13.3
24. t
1
Footnotes at end of Table PDO-4
,
.
(Continued on following page)
TOO.
.
200
.
3
April 1972
31
.PUBLIC
Table PDO-2.
-
DEBT OPERATIONS.
Offerings of Treasury Bills
-
(Continued)
I
On total bids accepted
On competitive bids accepted
Issue date
Average price
per hiindred
?fTjl
^r weekly
)71-ree.
i72-Jan.
97.760
98.915
97.775
9
98.966
97.873
4.090
4.207
16
99.003
97.905
23
Equivalent rate
4.051
4.185
98.960
97.854
4.114
4.245
3.944
4.144
99.015
97.922
3.897
4.110
98.992
97.889
3.988
4.176
'98.933
97.845
4.022
4.262
99.004
97.866
3.940
4,221
98.974
97.837
4.059
4.278
30
99.057
98 .002
3.732
3.952
99.070
98.029
3.679
3.899
99.044
97.985
3.782
3.986
6
"99.056
97.956
3.733
4.042
99.067
97.976
3.691
4.000
99.046
97.935
3.774
4.085
13
99.214
98.294
3.109
3.375
99.237
98.322
3.018
3.319
99.196
93.273
3.181
3.416
3.276
3.452
99.186
93.271
3.220
3.420
99.168
93.240
3.291
3.481
98.102
3.492
3.754
99.125
93.113
3.462
3.733
99.110
93.100
3.521
3.758
'99.149
98.113
.367
.733
99.160
98.130
3.323
3.699
99.142
98.097
3.394
3,764
3
6/
7/
8/
10
99.206
98.183
,141
.594
99.216
98.200
102
560
99.197
98.174
3.177
3.612
17
'99.225
98.212
,065
,537
99.246
98.231
983
499
99.214
98.192
3.109
3.576
24
99.205
3.224
,143
3.513
99.214
98.235
109
491
99.196
98.213
181
525
3.447
3.762
99.147
98.112
375
735
99.115
98.037
784
2
98.093
501
6i/
99 .309
3.405
99.327
2/
3.319
99.301
447
9
99.102
98.081
3.552
3.796
99.116 10/
98.099
3.497
3.760
99.097
98.072
814
99 .023
97.879
3.846
4.196
99.060 11/
97.903 12/
3.719
4.148
99.010
97.861
3.916
4.231
23
99.009
97.815
3.919
4.322
99.019 12/
97.831 U/
3.881
4.290
99 .002
97.806
3.948
4.340
30
99.027
97.799
3.848
4.354
99.035
97.307
3.818
4.338
99.022
97.797
3.869
4.358
1
98.202
4.558
98.254 15/
4.426
98.185
4.601
13
97.733
4.273
97.761
4.220
97.716
4.305
"98.782
3.023
3.346
4.056
98.804 16/
98.065 12/
3.777
3.931
98.771
98.017
3.881
4.079
3.507
3.587
97.349
96.372 18/
3.470
3.569
97.296
96.296
3.540
3.643
4.350
4.370
96.589
95.430
4.449
4.495
16
X anticipation
572
:
29
Month and one-year
'71
Price per hundred
98.976
97.384
99.129
71-Dec.
2j'
98.900
97.746
''98.90'/
2
'
Mar.
Low
'iqiiivalent rate
(Percent)
4.352
4.458
27
.
hundr-r-d
(percent)
4.292
4.401
20
Feb
Price fer
(Percent)
4.324
4.431
and 26-week)
.3-v/eel-:
Equivalent averagerate 5/
High
:
-Mar.
31
97.321
96.354
Apr.
30
96.625
95.504
4.403
4.422
96.665 12/
95.557 20/
May
31
95.130
4.790
95.143 21/
4.777
95.102
4.818
1
96.445
4.638
96.453
4.677
96.414
4.729
30
'98.856
94.340
5.425
5.567
95.902
94.398 22/
5.365
5.510
95.814
94.281
5.480
5.625
6.000
June
July
31
93 .943
5.953
94.063 32/
5.840
93 .900
Aug.
2
95.509
5.944
95.591
5.835
95.482
5.980
31
'96.126
94.789
5.090
5.125
96.137
94,835
5.075
5.080
96.105
94.764
5.118
5.150
Sept.
30
'96.010
94.633
5.242
5.279
96.027
94.655
5.220
5.257
95.997
94.617
5.259
5.295
Oct.
31
95.435
4.490
95.456
4.470
95.390
4.534
1
96.591
4.496
96.615
4.464
96.577
4.514
30
'96.501
95.361
4.530
4.563
96.523 25/
95.384 26/
4.545
4.540
96.488
95.304
4.593
4.619
Dec.
31
'97.009
96.008
3.930
3.927
97.025
96.036
,909
,899
96.986
95.956
3.960
3.978
72-Jan.
31
97.038
95.998
3.891
3.936
97.052
96.046 27/
,873
,889
97.010
95.933
3.928
4.000
.
29
97.050
95.852
3.362
4.091
97.033 28/
95.924
,819
,020
97.029
95.777
3.889
4.165
Mar.
31
96.554
95.274
4.512
4.661
96.566 22/
95.316 22/
4.495
4.620
96.532
95.235
4.540
4.700
Nov
Feb
.
itnotes at end of Table PDO-4,
'
2V
5,
Treasury Bullett
32
.PUBLIC
Table PDO-3.
-
New Money
DEBT OPERATIONS.
Financing through Regular Weekly Treasury Billsl/
(Dollar amounts in millions)
Description of issue
1969-Nov.
Nur.ber of
Maturity
Issue
date
days to
matilrity
1970-Feb.
May
t
Feb.
13
20
28
182
994
294
92
182
'-•I
May
13
14
Amount
of bids
tendered
Amount
of bids
accepted
so;
Average rate
of bids
accepted 2/
(Percent)
1,201
999
7.281
779
593
800
204
7.157
7.435
$1
,
6.
Feb.
19
91
May
21
182
655
265
801
200
7.142
7.519
Feb.
26
28
90
181
733
392
801
201
7.477
8.028
May
5
91
4
182
867
152
800
200
7.452
7.613
Mar.
June
12
11
91
182
380
097
800
200
7.701
7.803
18
Mar.
June
19
18
91
182
666
176
801
201
7.920
7.921
26
Mar.
June
26
25
90
181
441
872
809
209
7.805
7.815
Apr.
2
2
90
181
426
216
802
202
8.095
8.101
9
9
91
July
182
720
514
804
207
7.960
7.991
15
Apr.
July
16
16
182
876
159
802
205
7.837
7.783
22
Apr.
July
23
23
182
160
532
802
204
7.788
7.663
29
Apr.
July
30
30
91
182
775
264
801
200
7.890
7.776
May
Feb.
26
Aug.
28
27
91
182
573
958
801
301
6.813
6.974
Mar.
5
4
91
182
458
192
801
302
6.868
6.773
Dec.
1970-Jan.
4
Mar.
June
11
2
July
Apr.
8
June
Sept.
J\ine
11
10
91
182
986
832
798
301
6.877
6.729
19
June
Sept.
18
17
91
182
051
685
803
303
6.837
6.707
26
June
Sept.
25
24
182
838
383
804
302
6.264
6.184
91
182
604
098
800
301
6.329
6.392
91
182
618
696
802
305
6.408
6.455
088
447
802
301
6.310
6.247
2
23
91
July
16
91
Oct.
15
182
July
23
22
182
768
272
803
303
6.476
6.494
91
182
445
906
801
301
6.876
7.253
869
846
801
301
7.184
7.493
866
597
802
302
6.994
7.201
966
606
790
304
6.827
6.996
854
216
802
301
7.133
7.356
743
809
801
306
6.824
6.858
Oct.
91
July
30
Oct.
29
7
Aug.
Nov.
6
91
5
182
U
Aug.
Nov.
13
12
182
21
Aug.
Nov.
20
91
19
182
28
Aug.
Nov.
27
27
183
30
July
2
1
Oct.
16
June
July
Oct.
July
9
May
91
Sept.
12
Apr.
3
91
91
91
A
Sept.
Dec.
3
3
182
11
Sept.
Dec.
10
10
182
002
211
803
303
6.783
6.895
18
Sept.
Dec.
17
17
91
182
064
115
803
303
6.732
6.946
25
Sept.
Dec.
24
24
91
182
838
412
801
303
6.626
6.929
Oct.
Dec.
1
31
182
357
659
807
303
6.422
6.602
381
170
801
311
6.643
6.657
916
873
803
305
6.547
6.644
3,014
2,458
802
300
6.385
6.442
2
9
16
'
Footnotes at end of table.
91
91
91
Oct.
91
1971 -Jan.
182
1970-Oct.
1971 -Jan.
15
14
182
1970-Oct.
1971 -Jan.
22
21
182
91
91
(Continued on following page)
New money
increase, or
decrease (-)
)ril
33
1972
PUBLIC DEBT OPERATIONS.
Table PDO-3.
-
New Money
Financing through Regular Weekly Treasury Bills
(Continued)
{Dollar amounts in millions)
Description of issue
Maturity
date
Issue
date
30
1970-Oct.
1971 -Jan.
29
28
1970-Nov.
1971 -Feb.
5
6
I
Average rate
of bids
accepted 2/
{
New money
increase, or
decrease (-)
Percent
91
182
$2,662
2,465
$1,801
1,301
6.347
6.429
JlOO
91
2,632
2,056
1,811
1,300
6.414
6.495
107
100
182
12
11
182
2,499
2,476
1,801
1,303
20,
^1970-Nov.
1971 -Feb.
19
18
91
182
2,946
2,515
1,803
1,298
6.526
6.587
114
27,
hl970-Nov.
1971 -Feb.
27
25
92
182
2,660
2,588
1,791
1,403
6.197
6.338
91
1970-Dec.
1971 -Mar.
3
91
182
1,802
1,400
6.342
6.507
99
4
2,380
2,075
91
1970-Dec.
1971 -Mar.
10
10,
11
91
182
2,758
2,976
1,805
1,405
6.366
6.555
105
17,
1970-Dec
1971 -Mar.
17
18
91
182
2,714
2,607
1,801
1,402
6.314
6.494
97
2A,
*'l970-Dec.
19714ifar.
24
25
91
182
2,992
2,525
1,805
1,395
5.955
6.241
97
31
1
^1970-Dec.
1971 -Apr.
91
182
2,453
2,486
1,801
1,401
5.809
6.373
94
91
182
2,449
2,562
1,802
1,402
6.024
6.412
99
[
1
8,
Jan.
Apr.
15,
Jan.
Apr.
14
15
91
182
2,780
3,444
1,802
1,404
6.029
6.224
103
Jan,
Apr.
21
22
91
22,
182
3,156
2,100
1,801
1,401
5.943
6.129
98
29,
Jan.
Apr.
28
29
182
2,615
2,909
1,800
1,401
5.830
6.117
99
Feb.
4
91
May
6
182
3,230
2,448
1,830
1,402
5.655
5.772
120
11
13
182
2,877
2,940
1,803
1,401
5.461
5.653
101
182
2,940
3,272
1,801
1,403
5.283
5.405
98
90
181
2,839
2,470
1,901
1,400
4.759
4.855
209
3,527
2,320
1,903
1,399
5.083
4.979
194
2,841
2,069
1,901
1,401
4.883
4.874
194
2,883
2,343
1,901
1,400
4.776
4.785
197
2,928
2,364
1,910
1,404
4.726
4.765
206
2,646
2,010
1,904
1,402
4.830
4.836
202
91
182
2,959
2,648
1,900
1,602
3.330
3.482
197
1
91
30
182
2,885
2,672
1,900
1,600
3.52?
3.695
195
196
5,
Feb.
12,
May
May
18
20
Feb.
25
May
27
Feb.
19,
27,
3,
10
91
3
182
Mar.
11
10
182
18
17
182
91
24
182
Apr.
1
91
July
1
182
Sept.
8
91
25
July
1
91
Mar.
June
June
Sept.
25
91
4
June
31
91
June
Mar.
24,
91
Mar.
June
17,
24
23
July
91
Oct.
182
2,795
2,600
2,000
1,601
3.704
3.755
15
14
91
182
3,111
2,618
2,001
1,600
4.038
Oct.
Sept.
Dec.
23
23
91
182
3,0l4U
2,203
1,603
U.95'1
2,670
Sept.
30
30
91
182
2,917
2,303
2,200
1,601
5.078
5.278
96
Oct.
1972-Jan.
7
6
91
182
3,335
3,286
2,303
1,592
5.467
5.614
91
1971 -Oct.
1972-Jan.
14
13
91
182
4,095
3,226
2,302
1,601
5.377
5.483
93
22.
1971 -Oct.
1972-Jan.
21
20
182
4,091
2,982
2,302
1,601
5.546
5.724
99
29.
1971 -Oct.
1972-Jan.
28
27
91
182
4,421
3,609
2,313
1,601
5.556
5.833
110
July
15
)tes at
Amount
of bids
accepted
1970-Nov.
1971 -Feb.
2
July
Amount
of bids
tendered
6.511
6.681
13
June
Number of
days to
maturity
2U.
1.
Dec.
8.
15.
'
end of Table.
91
(Continued on following page
4.ia
193
101
5.133
Treasury Bullett
34
.PUBLIC
Table PUO-3.
-
New Money
Financing through Regular Weekly Treasury Bills
(
Description of issue
DEBT OPERATIONS.
Dollar amounts tn mill ions
1'
-
(Continued)
^ril
35
1972
PUBLIC DEBT OPERATIONS.
Table PDO-4.
-
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
subscrip-
Treasury Bulleti
36
PUBLIC DEBT OPERATIONS.
Table PDO-4.
-
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
Date subscrip-
-
(Continued)
ml
37
1972
.PUBLIC DEBT OPERATIONS,
Table PDO-4.
-
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
Eubsc ripbooks
-
(Continued)
Treasury Bullet
38
PUBLIC DEBT OPERATIONS.
Table PDO-5.
-
Unmatured Marketable
Securities Issued at a
Premium or Discount
Other than Advance Refunding Operations
Description of securities
1972
Note
1973
6-l/2i8
Note
7-3AS5
Note
Note
Bond
Note
3-7/8%
7-1/25S
1-977
7-3/4%
1978
6%
Date of
financing
Amount issued
(In millions)
Average price
per hundred
Effective
interest
rate
Eligible securities exchange*
pril 1972
39
_ PUBLIC DEBT OPERATIONS.
Table PDO-5.
-
Unmatured Marketable
Securities Issued at a
Other than Advance Refunding Operations
-
Premium
(Continued)
or Discount
Treasury
40
PUBLIC DEBT OPERATIONS.
Table PDO-6.
-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part A. - Other than Treasury Bills i
Bullet
[pril
1972
41
PUBLIC DEBT OPERATIONS,
Table PDO-6.
-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B. - Treasury Bills Other than Regular Weekly Series
42
Treasury Bulleth
PUBLIC DEBT OPERATIONS.
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B. - Treasury Bills Other than Regular Weekly Series - (Continued)
Table PDO-6.
-
wil
1972
44
Treasury Bullet
.PUBLIC DEBT OPERATIONS.
Table PDO-7.
-
Disposition of Public Marketable securities
Other than Regular Weekly Treasury Bills
-
(Continued)
pril
45
1972
PUBLIC DEBT OPERATIONS,
Table PDO-7.
-
Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills
li^positioii offers
by Treasury
Called or maturing securities 1/
Issue
date
Description
5-1/4% Note
Note
5/1 5/71 -A
5/15/71 -E
Amount
outstanding
8/15/66
Cash
retirement
Total.
Results oi exchange offers
Turned
Exchange
Exsecxirity
changed
offered
(In millions of dollars)
4,265
4,265
10/1/69
(Continued)
-
4,176
4,176
°,442
8,442
in for
cash 2/
ri,780'»
W,860
j
f 1,672^
\l.J7lJ
6,682
i.:u3l
7.277% Bill
6.510JS Bill
5/31/71
5/31/71
5/31/70
5/31/70
1,200
501
501/^
5.970)6 Bill
6/22/71
10/21/70
2,515
2,515 i/
7. 07958 Bill
6/30/71
6/30/71
6/30/70
6/30/70
1,201
501
l,20i\y
^6.237)5 Bill
6.380* Bill
6.153% Bill
7/31/71
7/31/71
7/31/70
7/31/70
1,202
1,202\
501
501?
8/15/71
3/1/62
2,806
2,£
8/1 5/71 -F
2/15/70
2,257
2,257
(1,407^
5,063
5,063
3,727
501?-^
ri,708-\
\s-l/l,% Note
r6.396% Bill
8/31/70
8/31/70
1,204
9/21/71
7/6/71
1,752
1,752 i/
9/30/71
9/30/71
9/30/70
9/30/70
1,202
1,20213,
50lJ-^
5.084% Bill
8/31/71
8/31/71
5.033% Bill
(6.215% Bill
4.949% Bill
1-1/2% Note
10A/71-E0
10/1/66
72
fb. 072% Bill
10/31/70
10/31/70
1,201
\_4.369% Bill
10/31/71
10/31/71
3-7/8% Bond
11/15/71
5/15/62
1,081
1
501
501
^•^3/1
202
J
1,204
501]^
72
500
509p
1,081
\
268pJ
5-3/8% Note
11/15/71 -B
11/15/66
967
967
633PI
98pj
7-3/4% Note
11/1 5/71 -G
5/15/70
5,836
5,836
3,109pi
488p/
4-3/4% Note
5/15/72-B
5/15/67
5,310
5,310
6-3/4^ Note
5/15/72-D
11/16/70
2,037
2,037
> l,446p\
\
r
187pJ
602p\
58pj
4%
Bond
8/15/72
9/15/62
2,579
2,579
l,067p1
SSpj
5%
Note
8/15/72-E
5/15/71
3,452
3,452
841p\
36p/
21,262
21,262
Total
11/30/71
11/30/71
11/30/70
11/30/70
1,201
3.bal% Bill
[4.886% Bill
3.507% Bill
12/31/71
12/31/71
12/31/70
12/31/70
1,201
4.249% Bill
4.403% Bill
1/31/72
1/31/72
1/31/71
1/31/71
1,199
;i-3/4% Note
2/15/72-A
2/15/67
800
7-1/2% Note
2/1 5/72 -C
8/17/70
2,690
4%
Bond
2/15/72
11/15/62
980
7-3/4%
4-1/8%
7-1/4%
4-1/4%
Note
Bond
Note
Bond
2/15/74-C
2/15/74
5/15/74-D
5/15/74
8/15/70
1/15/65
11/15/70
5/15/64
3,139
3,125
4,505
3,577
S.OlDf, Bill
1
Total.
l,2Cii^
J/
501
1,201
500
500
1
5
,
31b
500
800
9,399p
Description of new
securities offered
(See also Table PDO-4)
Treasury
46
.PUBLIC
Table PDO-7.
-
Bulleti,
DEBT OPERATIONS.
Disposition of Public Marketable Securities
Other than Regular Weekly Treasury
Bills
-
(Continued)
I
Date of
pril
1972
47
.PUBLIC
Table PDO-8.
-
DEBT OPERATIONS
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
Treasury Bulleth
48
PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
-
(Continued)
[pril
1972
49
PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
-
(Continued)
Treasury Bulletin
50
.PUBLIC
Table PDO-8.
-
DEBT OPERATIONS.
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U.S. Dollars)
-
(Continued)
ipril
1972
51
PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
-
(Continued)
52
pril
1972
53
.PUBLIC
Table PDO-8.
-
DEBT OPERATIONS.
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
-
(Continued)
Treasury Bulleti
54
PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable In U.S. Dollars)
-
(Continued)
ipril
55
1972
.PUBLIC
Table PDO-8.
-
DEBT OPERATIONS.
Foreign Series Securities (Nonmarketable)
- (Continued)
Issued to Official Institutions of Foreign Countries
(Payable in U.S. Dollars)
56
Treasury Bulleti
.PUBLIC
DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
'Payable in U.S. Dollars)
I/onth of
Activity
issue
Maturity
Iriterest
:iate
'late
rate
(Percent
8/30,'71
8/31/71
8/31/71
8/31/71
4/'9/70
C/V70
11/2/70
8/26/71
6/1/71
6/10/71
8/18/71
8/19/71
8/23/71
8/24/71
8/30/71
8/31/71
8/31/71
Vl/''1
Certificates of indebtedness
1971 -Sept,
9/30/71
10/1/71
10/1/71
10/1/71
4.50
4.35
4.35
4.35
8/26/71
8/26/71
2/2/72
9/21/72
6.84
7.55
6.50
5.40
9/1/71
0/ V71
9/8/71
9/8/71
9/10/71
9/20/71
9/20/71
9/23/71
9/24/71
9/30/71
4/30/70
9/23/71
Notes
7/7/71
7/8/71
7/15/71
7/21/71
7/26/71
7/27/71
7/23/71
8/31/71
8/31/71
9/3/71
9/3/71
9/10/71
10/1/71
10/4/71
10/7/71
10/8/71
10/8/71
10/15/71
10/21/71
10/28/71
Certificates of indebtedness
Oct.
I
6/11/70
6/18/70
11/2/70
10/28/71
10/28/71
10/28/71
2/2/72
1/25/73
e/v^
11/3/71
11/4/71
11/5/71
11/10/71
11/12/71
11/12/71
11/15/71
11/16/71
11/16/71
11/17/71
11/17/71
11/17/71
11/17/71
11/17/71
8/-./"!
Certificates of indebtedness
Nov.
8/6/71
8/10/71
8/12/71
8/12/71
8/13/71
8/16/71
8/16/71
8/16/71
8/17/71
8/17/71
8/17/71
8/17/71
8/17/71
8/18/71
8/18/71
8/24/71
8/24/71
8/26/71
11/3/71
11/4/71
11/5/71
llAO/71
11/10/71
11/12/71
11/12/71
11/15/71
11/16/71
11/16/71
11/17/71
2A7/72
11/18/71
11/18/71
11/24/71
11/24/71
11/26/71
1/3/72
2/4/72
12/30/71
1/3/72
2/10/72
2/11/72
2/11/72
2/15/72
2/16/72
2/16/72
2/17/72
1
57
April 1972
.PUBLIC
Table PDO-8.
-
DEBT OPERATIONS.
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
-
(Continued)
58
Treasury Bulleti
.PUBLIC
DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
April
39
1972
PUBLIC DEBT OPERATIONS.
Table PDO-9.
-
Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
1
60
Treasury Bulleti
PUBLIC DEBT OPERATIONS.
Table PDO-9.
-
Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
-
(Continued)
I
ipril
1972
61
.PUBLIC DEBT OPERATIONS,
Table PDO-9.
-
Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
Month of
-
(Continued)
Treasury Bulletin
62
JJNITED STATES SAVINGS BONDS^
Series E and H are the only savings bonds currently
being sold.
Series E has been on sale since May
1,
1,
and December 1959, and May and October 1961; the Annual Report
19^1.
of the Secretary of the Treasury fiscal year 1966 (pages 197
through April
and 258), and fiscal year 1967 (pages 179 and 181); and the
1935, through April 30,
Series F and G were sold from May
30,
1952.
April 30,
1,
19^1,
Series J and K were sold from May 1, 1952, through
1957.
interest yields, maturities, and other terras appear in the
Treasury Bulletins of April 1951, May 1952, May 1957, October
Series
and Series H has been on sale since June 1, 1952.
A-D were sold from March
19^1,
Treasury Bulletin of June 1968.
Details of the principal changes in issues,
Table SB-1.
-
Sales and Redemptions by Series, Cumulative through
March
31, 1972
April 1972
63
.UNITED STATES SAVINGS BONDS.
Table SB-3.
-
Sales and Redemptions by Periods, Series
In millions
Salea 1/
Accrued
discount
Sales
price J/
lUV,02i
A, Ail
4,518
4,656
4,543
4,650
4,965
4,739
4,550
4,449
5,082
16,214
1,331
1,386
1,458
1,502
1,542
1,619
1,731
1,788
1,841
2,056
123,236
5,753
5,904
6,114
6,045
6,192
6,584
6,470
6,337
6,291
7,138
79,431
4,603
4,500
4,736
4,987
5,305
5,449
5,715
6,198
6,721
5,416
109,168
4,278
4,760
4,609
4,486
4,860
4,898
4,696
16,869
'^4''7
1,404
1,491
1,514
1,580
1,680
1,757
1,832
1,909
2,192
126,037
5,650
6,164
6,101
6,000
6,440
6,578
6,452
6,224
6,574
7,669
81,551
4,636
4,557
4,841
5,117
5,477
5,439
5,915
6,565
6,281
5,237
513
463
462
486
177
184
165
170
690
647
627
656
470
431
380
442
458
516
415
407
457
41°
208
175
183
190
174
203
666
691
598
597
631
642
447
469
426
382
400
429
521
517
5P2
213
183
196
734
720
777
525
448
458
4
,
391
4,665
1,3.72
K
of dollar-ieniptionj
Sales plus
accrued
discount
E through
71,746
411
!_/'
utstanding
Accrued
discount 2/
Interest -bearing
debt
Matured
noninterestbearin? debt
Treasury Bulletin
64
.UNITED STATES SAVINGS BONDS.
Table SB-3.
-
Sales and Redemptions by Periods, Series
(In millions of dollarE
E through K
-
(Continued)
\pril
65
1972
.UNITED STATES SAVINGS BONDS.
Table SB-4.
-
Redemptions of Matured and Unmatured Savings Bonds
(In millions of dollars)
Treasury Bulletin
66
UNITED STATES SAVINGS NOTES
United States savings notes were on sale May 1, 1967
through J\ine 30, 1970. The notes were eligible for purchase
by individuals with the simultaneous purchase of Series E
savings bonds.
Table SN-1.
-
The principal terms and conditions for purchase and redemption and information on investment yields of savings
notes appear in the Treasuiy Bulletins of March 1967 and June
1968.
Sales and Redemptions by Periods
Ipril
1972
67
.OWNERSHIP OF FEDERAL SECURITIES
Table OFS-1.
-
Distribution of Federal Securities by Classes of Investors and Types of Issues
In
millione
ol'
dollars
>
Interest-bearing public debt securities
End of
fiscal year
or month
Total
Federal
securities
outstanding
Held by U.S. Government accounts
F-ublie
issues
held by
Federal
Reserve
banks
Non-niarke table
Total
outstanding
iMblic
marketable
Special
issues
326,609
333,284
344,676
371,978
367,969
383,428
410,292
301,954
307,357
313,113
315,431
322,286
344,401
351,729
369,026
396,289
55,638
58,598
61,071
64,316
71,809
76,138
84,815
95,170
102,888
9,033
9,878
10,351
12,050
13,635
14,694
16,007
16,974
18,092
44,429
46,546
48,549
50,196
56,103
59,374
66,738
76,124
82,740
2,174
2,171
2,070
2,071
2,071
2,071
2,071
2,056
32,027
34,794
39,100
42,169
46,719
52,230
54,095
57,714
65,518
'0-Dec.
401,648
387,252
97,093
17,091
77,931
2,071
62,142
1-Feb.
Mar.
Apr.
May.
June
403,167
404,688
404,567
409,561
410,292
388,648
389,777
390,029
394,922
396,289
98,016
98,800
99,051
101,846
102,888
17,101
17,373
17,408
18,109
18,092
78,844
79,366
79,586
81,681
82,740
2,071
2,056
2,056
2,056
2,056
62,462
64,160
63,721
64,764
65,518
July
Aug.
416,502
425,815
422,988
422,704
425,380
435,175
403,533
412,762
410,450
410,181
412,733
422,308
104,878
107,303
106,491
104,680
104,747
106,045
18,220
18,338
18,531
18,410
18,438
18,444
84,601
86,910
85,904
84,213
84,253
85,545
2,056
2,056
2,056
2,056
2,056
2,056
65,8a
66,868
67,566
67,205
67,817
70,218
433,432
435,169
421,090
422,090
104,447
106,164
18,355
18,621
84,037
85,487
2,056
2,056
69,552
67,698
313,983
320, 3-W
13
lA
15
16
17
18
|9
10
11
Sept
Oct.
Nov.
Dec.
.2-Jan.
Feb..
Interest-bearing public debt securities - [Com.
Held by private investors
End of
fiscal year
or month
Total
3
4
5
6
7
8
9
1
Public
marketable
Nonmarketable
A^t^ency
Matured
public
debt
and debt
bearing
no interest
securities
Held by
Total
outstanding
Government
.
accounts and
Federal Reserve
banks
Held by
private
investors
U .S
214,289
213,964
212,941
208,946
203,758
216,032
212,819
216,142
227,883
162,449
161,816
159,244
154,909
150,318
159,668
156,006
157,911
161,863
51,840
52,148
53,697
54,037
53,440
56,363
56,814
58,231
66,020
3,906
4,356
4,161
4,476
3,935
3,178
1,991
1,893
1,841
8,123
8,631
9,335
13,377
18,455
24,399
14,249
12,510
12,163
-mi
611
469
468
2,010
3,001
2,846
2,553
2,251
7,416
8,020
8,866
12,909
16,445
21,398
11,403
9,956
9,911
3-
Dec,
228,017
168,480
59,537
1,907
12,489
2,594
9,895
1-
Feb .
Mar.
Apr.
May.
June
228,170
226,817
227,258
228,312
227,883
168,530
165,920
164,758
162,762
161,863
59,641
60,898
62,500
65,551
66,020
2,017
1,891
1,861
1,923
1,841
12,503
13,021
12,676
12,716
12,163
2,289
2,411
2,250
2,252
2,251
10,214
10,610
10,426
10,464
9,911
July,
Aug..
Sept.
Oct..
Nov.
Dec.
232,814
238,591
236,394
238,297
240,168
246,046
163,587
164,448
163,834
166,625
168,200
173,376
69,227
74,143
72,560
71,672
71,968
72,670
1,765
1,829
1,817
1,753
1,887
1,823
11,203
11,223
10,720
10,770
10,760
11,044
2,245
2,329
2,266
2,387
2,406
2,462
8,958
8,894
8,454
8,383
8,354
8,582
2- Jan..
247,090
248,227
174,011
174,895
73,080
73,333
1,772
1,942
10,570
11,137
2,156
2,177
8,414
8,961
Feb..
For content see Table FP-6.
Treasury Bulk
68
.OWNERSHIP OF FEDERAL SECURITIES.
Table OFS-2.
-
Estimated Ownership of Public Debt Securities by Private Investors
(Par values 1/ in billions of dollars)
Nonbank investors
End of
month
Total
private ly
held
Commer-
Individuals
cial
banks
2/
T/'
Savings bonds
Series
E and K
Other
Series
7/'
Other
securities
Insurance
companies
1.9
Mutual
savings
banks
Corporations ij
State
and
local
governments
Foreign
and international
1/
1939-Dec..
33. -;
5.7
2.7
2.0
.4
19/i6-Feb..
231.6
208.3
93.8
74.5
137.9
133.6
63.9
64.1
30.8
30.3
12.5
13.9
20.6
20.0
24.4
24.9
11.1
11.8
19.9
15.3
6.7
6.3
2.4
2.1
204.6
199.9
65.6
61.8
139.0
138.0
67.4
66.3
:4.5
17.6
16.7
U.6
34.5
15.4
15.1
19.
Dec.
18.7
10.9
18.4
19.7
8.7
8.8
3.5
4.3
1951 ^une.
194.3
58.4
61.5
136.0
134.8
65.4
64.6
34.5
34.7
14.6
14.4
16.3
15.5
17.1
16.4
10.2
9.8
20.1
20.7
9.4
9.6
4.2
4.3
61.1
6-:.
133.7
136.4
64.8
65.2
34.9
35.3
14.1
13.8
15.7
16.0
15.7
16.0
9.6
9.5
18.8
19.9
10.4
11.1
4.7
5.3
Dec.
1950-June.
Dec.
1952 ^une.
Dec.
196.
'i
104.8
199.8
9.4
1953^une.
1%.?
"^8.8
137.
Dec.
203.8
63.7
140.2
66.1
64.8
36.0
36.7
13.2
12.7
16.8
15.4
16.0
15.9
9.5
9.2
18.6
21.5
12.0
12.7
5.7
5.9
195A^vme.
IQQ.q
207.1
63.6
69.1
136.3
138.0
64.8
63.5
37.5
38.2
12.1
11.7
15.2
13.6
15.4
15.3
9.1
16.5
19.1
13.9
14.4
6.0
6.3
203.0
207.0
63.5
62.0
139.5
145.0
65.2
65.0
39.3
40.1
10.9
10.2
15.0
14.8
15.0
14.6
8.7
8.5
18.6
23.2
14.7
15.4
6.8
7.5
.
iQS.S
200.5
57.3
59.5
141.2
141.0
66.6
65.9
40.9
41.4
9.4
8.7
16.3
15.8
13.6
13.2
8.3
8.0
17.3
18.7
16.1
16.3
7.9
7.8
Dec.
194.6
1Q7.Q
56.2
59.5
138.5
138.4
66.3
64.9
41.5
41.6
7.6
6.6
17.2
16.7
12.7
12.5
7.9
7.6
16.1
17.7
16.8
16.6
7.6
7.6
1«7.8
204.5
65.2
67.5
132.5
137.0
64.4
63.7
42.1
42.5
5.9
5.2
16.4
16.0
12.2
12.6
7.4
7.2
14.1
18.1
16.3
16.5
6.5
7.7
206.4
212.7
61.5
60.3
144.8
152.5
66.3
69.4
42.6
42.4
4.5
3.5
19.3
23.5
12.6
12.5
7.3
6.9
19.8
21.4
16.9
18.0
10.1
12.0
206.7
210.0
55.3
62.1
151.4
148.0
69.
66.
42.5
42.9
3.1
2.7
24.1
20.5
12.0
11.8
6.6
6.2
19.5
18.7
18.8
18.7
12.3
13.0
Dec.
208.0
214.8
62.5
67.2
145.5
147.7
64.
65.
43.
44.
2.5
2.2
18.
19.
11.4
11.3
6.3
6.1
18.5
18.5
19.3
19.0
12.7
13.4
1962 -June.
214.3
65.1
67
149.2
152.3
65.7
66.0
44.
45.
2.1
18.
1.9
19.
11.3
11.5,
6.2
6.0
18.2
18.6
20.1
20.1
14.1
15.3
218.2
220.5
04.3
153.9
156.3
66.0
68.2
46.
tj4.2
46.
1.6
1.5
18.5
20.0
10.9
11.2
6.0
5.6
18.7
18.7
21.4
21.1
15.8
15.9
218.3
222.?
60.2
63.9
158.2
158.6
68.8
69.8
47.3
47.9
1.3
1.2
20.2
20.7
10.8
11.0
5.8
5.5
18.9
18.2
22.5
21.1
15.6
16.7
217.1
220.5
58.2
60.7
158.9
159.8
70.9
72.1
48.3
48.8
1.0
21.5
22.4
10.5
10.3
5.6
15.3
15.8
24.1
.9
22.9
15.7
16.7
213.4
219.2
54.8
57.4
158.7
161.8
73.1
74.6
49.2
49.8
.7
.5
23.2
24.3
9.6
9.5
4.6
14.2
14.9
24.5
24.3
15.4
14.5
207.7
222.4
55.5
63.8
152.2
158.7
70.9
74.0
50.4
50.9
.3
.3
20.2
22.8
8.6
8.6
4.1
4.1
11.0
12.2
23.6
24.1
14.7
15.8
219.2
228.5
59.7
66.0
159.5
162.5
74.8
75.8
51.1
51.4
.4
.5
23.3
23.9
8.1
8.0
3.9
3.6
13.0
14.2
24.6
24.2
12.9
14.3
Dec.
214.8
222.0
55.3
56.8
159.5
165.3
77.9
80.9
51.2
51.1
.6
.7
26.1
29.1
7.7
7.1
3.3
2.9
12.6
13.3
25.2
25.4
11.1
11.4
1970 -Jme.
218.0
52.6
165.5
167.2
82.5
81.9
50.8
51.4
.7
30.9
29.8
6.8
7.0
2.9
2.8
11.1
10.5
24.6
23.1
14.8
20.6
29.1
28.3
26.9
26.2
25.0
24.8
7.3
7.2
6.8
6.8
6.8
6.6
2.7
2.8
2.8
2.8
11.
10,
10.
23.2
24.0
22.8
21.8
21.8
21.4
20.9
22.9
25.4
29.2
33.8
32.7
24.8
24.5
24.1
23.7
23.4
23.0
6.7
6.7
6.5
6.5
6.5
6.6
21.9
21.1
21.0
20.8
35.4
42.7
42.4
42.8
44.1
46.9
Dec.
1955^une.
Dec..
1956-Jime.
Dec.
1957-June
1958-Jime.
Dec.
1959-June.
Dec.
1960-June.
Dec.
1961 -June.
Dec.
1963-June.
Dec.
1964 -June.
Dec.
1965^ime.
Dec.
1966-June.
Dec.
1967-June.
Dec.
1968 -June.
Dec.
1969-June.
Dec.
21°.
.
229.
1971 -J an..
Feb..
Mar.
Apr.
May.
June.
229.9
230.2
228.7
22Q.1
230.2
229.7
61.7
61.3
61.8
60.5
59.4
61.0
168.2
168.9
166.9
168.6
170.8
168.7
81.3
80.6
79.4
79.0
78.0
78.0
51.4
51.6
51.8
52.1
52.3
July.
Aug..
Sept.
Oct..
Nov..
234.6
240.4
238.2
240.0
242.1
60.5
Dec.
247. Q
174.1
180.9
178.2
179.2
180.6
182.6
78.2
78.1
77.9
77.7
77.6
77.4
52.7
53.0
53.1
53.4
53.6
53.8
5°.
60.0
60.9
61.5
65.3
52.5
1972 -J an...
248. o
62.8
186.1
77.4
54.0
Feb p.
250.2
62.1
188.1
54.3
Source; Office of Debt Analysis in the Office of the Secretary.
1/ United States savings bonds. Series A-F and J, are included at current
redemption value.
2/ Consists of commercial banks, trust companies, and stock savings banks
in the United States and in Territories and island possessions. Figures
exclude securities held in trust departments.
Includes partnerships and personal tr^st accounts,
Exclusive of banks and insurance companies.
Consists of the investments of foreign balances and international
^
^
^
.7
.7
.7
.7
.7
.7
22.8
22.4
6/
7/
p
5.3
5.0
9.
2,
9
9.
2.
9
10.
9
11.6
10.9
10.0
11.1
12.0
12.6
8
8
8
7
7
20.6
20.4
2.7
12.2
21.1
48.2
6.5
2.7
22.0
6.5
12.5
48.9
accoxints in the United States.
Consists of savings and loan associations, nonprofit institutions,
corporate pension trust funds, and dealers and brokers. Also inclt
ed are certain government deposit accoimts and government-sponsored
agencies.
Includes U.S. savings notes. Sales began May 1, 1967 and were discontinued after June 30, 1970.
Preliminary.
pril
69
1972
TREASURY SURVEY OF OWNERSHIP. FEBRUARY
monthly Treasury Survey of Ownership covers securi-
I9UI Treasury Bulletin, for corporations and savings and loan
issued by the United States Government, Federal agencies,
associations in the September i960 Bulletin, and for State and
The
is
lerally -sponsored agencies,
I
local governments in the February I962 Bulletin.
and the District of Columbia.
banks and insur- ace companies included in the Survey cur-
itly
.d
account
for
about 90 percent of all such securities
by these institutions.
•ations
I
29, 1972.
published for June 30 and December 31'
and for savings and loan associations is 50 percent,
ate pension trust funds
Data were
pearing in the March
published for banks and insurance companies in the May
Table TSO-1.
-
Summary
(Par values
by commercial banks distributed according
to
Federal Reserve member bank classes and nonmember banks are
The similar proportion for cor-
for State and local governments, 70 percent.
•st
Holdings
-
of Federal Securities
in millions of dollars)
are
195^+
Holdings by corpor-
published quarterly, first ap-
Bulletin.
Treasury Buh
70
.TREASURY SURVEY OF OWNERSHIP. FEBRUARY
Table TSO-2.
-
29, 1972
,
Interest-Bearing Marketable Public Debt Securities
by Type and Maturity Distribution
Footnotes at end of Table TSO-6.
Table TSO-3.
-
Interest-Bearing Marketable Public Debt Securities by Issue
ipril
1972
11
TREASURY SURVEY OF OWNERSHIP, FEBRUARY
Table TSO-3.
-
29, 1972.
Interest-Bearing Marketable Public Debt Securities by Issue
(Bar values
-
-
(Continued)
in millions of dollars)
Held by investors covered in Treasury Survey
Total
U. S. Govern-
amoirnt
ment accounts and
Federal
Reserve
banks
outstanding 1/
asuiy notes
4-3/4^,
5.3A
5
5
4-7/8
&-1/2
7-3A
3-1/8
7-3/i
7-l/i
Aug.
Nov.
Feb.
Feb.
May
Aug.
Feb.
May
5-5/8
5-3/4
5-3/4
5-7/8
5
May
7
6-1/4
5-3A
6-1/2
7-1/2
6-1/4
8
7-3A
6-1/4
6
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
Aug.
Nov.
Feb.
May
May
Aug.
Nov.
Feb.
Aug.
Feb.
Nov.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
1972-B.
1972-D.
1972- E.,
1972-F.,
1973-D.
1973-C.
1973-A.
1973-B.
1974- C.
1974- D.
1974- B.
1974-A.
1975-A.
1975-E.
1975-B.
1975-C.
1975-D.
1976-A.
1976-E.
1976-B.
1976- C.
1976-D.
1977-A.
1977-B.
1978-A.
1978- B.
1972-EA,
1,378
2,572
2,285
4,268
2,514
5,844
1,839
2,960
4,333
10,234
7,212
5,143
2,045
6,760
7,o79
3!ll5
3,719
2 734
2,697
4,1^4
1,233
5,163
2,264
8,389
3,203
,
34
33
34
30
1972-EO
1973- EA
1973-EO
1974- EA
1974- EO
197 5- EA
June
2-1/2
3-1/2
Sept.
Dec.
Aug.
Aug.
Nov.
Feb.
May
Nov.
4-1/8
4-1/8
4-1/4
3-7/8
4-1/4
3-1/4
4
3-1/2
7
6-3/8
3-1/4
6-1/3
4-1/4
4
4-1/8
3-1/2
3
3-1/2
mutual
savings
banks
2/
2/
44'j
fire,
casualty,
and
marine
Ao?
corporations
ISb
316
pension
general and refunds
tirement
funds
2
1975-EO
1976- EA
1976-EO
41/'
760
452
1,300
1,495
1,462
1,222
772
1,512
1,978
2,243
1,718
493
1,250
834
2,960
1,187
348
1,372
691
1,104
471
939
608
2,227
2,420
7
11
1
15
17
29
44
28
1
5
10
24
36
8
2
2
22
12
47
5
35
30
61
*
10
35
50
1
154
103
89
8
9
40
84
49
2
22
6
17
12
48
5
13
23
4
4
62
65
3
8
36
67
173
85
3
19
2
6
59
45
91
33
41
19
42
129
41
2
53
70
205
93
98
18
56
18
180
104
91
5
19
59
2
2
52
53
5
61
84
187
111
137
158
83
64
37
17
40
49
25
9
37
25
89
140
17
1,983
157
39
6
3
13
31
68
47
25
92
89
206
205
77
S3
109
63
92
200
71
3
1
53
35
10
57
17
41
9
43
6
191
95
33
69
33
73
7
67
39
39
10
25
68
67
8
36
44
121
41
54
159
69
116
25
45
146
33
14
33
30
12
42
25
32
250
223
28
29
5
45
28
5
87
17
6
12
45
13
98
126
6
4
3
4
7
7
1
2
5
U
1
5
25
1
22
7
4
1
1
3
7
*
4
11
26
7
11
30
1,447
44, "^IS
1,d43
1,440
34
74
300
247
:
2-l/2f.
4
4
2,421
132
1,468
49
1,872
151
2,677
325
347
954
5,754
2,383
1,783
83
4,466
2,434
723
2,357
477
743
1,573
35
2,998
305
3,417
3,432
42
Total Treasury notes ....
asurv bonds
commercial
banks
487
savings
and loan
associations
:
May
May
Aug.
Nov.
Feb.
Feb.
5-7/8
State and local
governments
Insurance companies
48c
May
June
Feb.
Nov.
Aug.
Feb.
May
Nov.
Aug.
Feb.
May
Feb.
Feb.
Nov.
1967-72
1967-72
1967-72
1972...
1973...
1973...
1974...
1974...
1974...
1975-85
1978-83
1980...
1980...
1931...
1982...
1985...
1986...
1987-92
1988-93
1989-94
1990...
1995...
1998...
Total Treasury bonds ....
al marketable public
bt securities
otnotes at end of Table TSO-6.
1,227
1,951
2,552
1,455
994
4,341
3
,
2,472
2,855
2,237
1,209
1.522
2, 53 r,
1/aOl
307
2,193
1,030
1,216
3,73^
244
1,539
4,431
1,073
3,603
145
275
241
678
611
533
482
706
474
271
839
749
380
733
224
780
1,391
70
545
1,140
152
392
265
803
611
360
1,202
1,749
980
837
498
75
81
171
119
45
446
49
151
116
12
17
13
56
68
55
53
14
19
19
31
41
16
70
13
22
95
5
5
8
15
221
17
14
62
5
18
17
15
10
26
36
284
128
378
3
17
199
10
150
25
81
646
41
24
52
66
24
124
142
39
79
57
30
43
63
59
6
3
50
24
162
514
38
78
13
27
2,694
1,303
3,100
2,475
134
16
50,182
12,462
3,770
1,056
261.215
36,31°
43,Q71
,683
27
37
28
95
108
36
79
53
3
9
34
45
7
36
3,125
2
163
82
32
124
35
13
17
6
20
19
24
26
42
106
63
102
69
1
2
144
6
463
5
38
1
184
3
63
1,173
1,962
5,330
8,612
113
30
315
280
40
116
Treasury Bullet
12
.TREASURY SURVEY OF OWNERSHIP. FEBRUARY
Table TSO-4.
-
29, 1972.
Interest-Bearing Nonmarketable Public Debt Securities by
Type
April 1972
73
.TREASURY SURVEY OP OWNERSHIP, FEBRUARY
Table TSO-6.
-
29, 1972.
Securities Issued by Government-Sponsored Agencies
and the District of Columbia
(Par values
-
in millions of dollars)
Treasury Bulk
74
TREASURY SURVEY OF OWNERSHIP. FEBRUARY
Table TSO-6.
-
29, 1972
Securities Issued by Government-Sponsored Agencies
and the District of Columbia
-
(Continued)
'Par values - in millions of dollars;
p
pril
1972
75
.TREASURY SURVEY OF OWNERSHIP, FEBRUARY
Table TSO-6.
-
29, 1972
Securities Issued by Government-Sponsored Agencies
and the District of Columbia
'
-
(Continued)
Par values - in mill Ions of dollarsj
Treasury Bulk,
76
.MARKET QUOTATIONS ON TREASURY SECURITIES, MARCH
Current market quotations shown here are over-thecounter closing bid quotations in the New York market
for the last trading day of the month, as reported to
the Treasury by the Federal Reserve Bank of New York.
Table MQ-1.
Amount outstanding
(millions)
30, 1972
The securities listed include all regularly quoted publii
marketable securities issued by the United States Treasury. Securities issued by Federal agencies and guarantee!
by the United States Government are excluded.
-
Treasury
Bills
ml 1972
77
.MARKET QUOTATIONS ON TREASURY SECURITIES, MARCH
Table MQ-3.
-
Treasury Bonds
30, 1972
Treasury Bullett
78
,
MARKET QUOTATIONS ON TREASURY SECURITIES, FEBRUARY
ID
CO
CM
00
CO
00
05
CO
29,
'"'''^
79
April 1972
_
Table AY-1.
Period
Treasury
bonds 1/
-
AVERAGE YIELDS OF LONG -TERM BONDS.
Average Yields of Treasury, Corporate and Municipal Bonds by Periods
Aa new
corporate
bonds 2/
I. B. A.
new Aa
municipal
bonds 2/
Treasury
bonds 1/
Aa new
corporate
bonds 2/
I. B. A.
new Aa
iminic ipal
bonds 2/
Treasury
bonds 1/
Aa new
corporate
bonds 2/
I. B. A.
new Aa
namicipal
bonds 2/
Treasury
bonds 1/
Aa new
corporate
bonds 2/
I. B. A.
new Aa
municipal
bonds 2/
Treasury Bullet
80
AVERAGE YIELDS OF LONG -TERM BONDS,
O)
Z-
M
Ol
O
Q.
-
o
r--
CT)
S
>CO
05
CO
<
CO
CD
I
C9
to
CO
CD
^
I I
I
CO
CJ5
C9
<
CO
CO
CN
CO
(J5
-
to
CO
April 1972
81
.EXCHANGE STABILIZATION FUND.
Table ESF-1.
-
Balance Sheets as of June
30, 1971
and December
December
June 30, 1971
Assets
31, 1971 p
?1
,
1971p
:
Cash:
Imprest f \ind
Total cash
Special drawing rights
Special account of Secretary of the Treasury with Federal Reserve Bank
of New York - Gold
Foreign exchange due from foreign banks:
707,469.63
267,860,367.00
1,500.00
277,096.26
264,860,367.00
1,500.00
With Treasurer of the United States
With Federal Reserve Bank of New York, special account
% 265,138,963.26
$ 266,569,336.63
1,246,710,387.12
1,099,703,063.17
174,654,324.51
73,627,892.10
7,058.40
20,686.26
2,737,644.89
99,363.96
197,667.81
4,952.77
580.67
191,233,599.76
22,309.07
3,065,090.54
106,204.26
215,071.92
5,270.38
7,810.71
217,998,464.40
1,387,749,613.71
31,787,398.66
2,522,594,611.25
36,315,123.75
395.39
65.30
4,004,497.70
3,279,285.00
784,553.72
8,752,737.37
11,720,067.00
132,679.63
1,672,929.22
1/
Banque Nationale de Belgique
Bank of Canada
Deutsche Bundesbank
Bank of England
Banca d' Italia
Sveriges Riksbank
Banque Nationale Suisse
Bank for International Settlements
Investments in:
U.S. Government securities
Foreign securities
Prepaid expense
Accrued interest receivable - U.S. Government securities
Accrued interest receivable - SDR Holdings
Accrued interest receivable - foreign
Accounts receivable
Furniture and equipment
Less allcwance for depreciation
335,691.74
120,068.29
215,623.45
385,634.59
135,289.69
Buildings
Less allowance for depreciation
50,000.00
12,600.00
37,400.00
1?, 500. 00
Land
Total assets
Liabilities and capital
50,000.00
36,500.00
100,000.00
100,000.00
3,308,896,676.67
4,244,762,891.97
:
Accounts payable:
Vouchers payable
Miscellaneo\is
17,544,531.93
4,895.674.24
Special deposit accounts
Advance from U. S. Treasury (U. S. drawings on I.M.
Special drawing rights certificates
Deferred liability - DM revaluation
17,544,531.93
4,?'^5,674.24
Total accounts payable
F.
)
Special drawing rights allocations
Capital account
Deduct subscription to International Monetary Fund
2,000,000,000.00
1,300,000,000.00
Net income (see Table 2)
Total liabilities and capital
Annual balance sheets for fiscal years 1934 through 1940 appear in
the 1940 Annual Report of the Secretary of the Treasury and those
for succeeding years appear in subsequent reports.
Quarterly balance
sheets beginning with December 31, 1938, have been published in the
Note:
1
250,344.90
1/
p
6,000,000.00
3,000,000.00
650,000,000.00
400,000,000.00
32,789,675.13
1,512,000,000.00
400,000,000.00
32,789,675.13
1,583,780,000.00
2,000,000,000.00
1,583,780,000.00
200,000,000.00
1,800,000,000.00
200,000,000.00
431,431,327.30
495,648,684.91
3,308,896,676.67
4,244,762,891.97
Treasury Bulletin.
Excludes foreign exchange transactions for future and spot delivery,
Preliminary,
Treasury Bullei
82
.EXCHANGE STABILIZATION FUND.
Table ESF-2.
Classification
-
Income and Expense
85
April 1972
INTERNATIONAL FINANCIAL STATISTICS.
\
"holdings of dollars" of the Fund be excluded from the data
on liabilities to foreigners, in order to avoid double count-
The tables in this section are designed to provide aata
United States reserve assets and liabilities and other
statistics related to the United States balance of payments
md international financial position. A number of changes
rere introduced in the May 1967 Bulletin to increase the use[^IlnesE of this section.
jn
Table
IFS-1
shows
the
reserve
assets
of
the
ing.
Table IFS-3. presents an area breakdown of United States
liquid liabilities to official institutions of foreign countries.
United
States, including its gold stock, special drawing rights held
Monetary
in the Special Drawing Account in the International
Fund,
serve
holdings of convertible foreign currencies, and reposition in the International Monetary Fund,
Table IFS-2 brings together the various statistical components of the liabilities which enter into the United States
The
Dalance of payments calculated on the liquidity basis.
inclusion of the United States reserve position in the International Monetary Fund in Table IFS-1 requires that the
Table IFS-1.
-
<
Table IFS-<i shows United States Treasury nonmarketable
bonds and notes issued to official institutions of foreign
countries
Table IFS-5 sets forth' the factors which affect the
United States position in the International Monetary Fund.
Table IFS-6 presents United States net monetary gold
transactions with foreign countries and international and
regional organizations.
U.S. Reserve Assets
(In millions of dollars)
Treasury Bullet
84
.INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-2.
-
U.S. Liquid Liabilities to Foreigners
{In millions of dollars)
End of
calendar year
or month
Total
liquid
liabilities
to all
Liabilities to International
Monetary Fund arising from
gold transactions
Liabilities to foreign countries
Official institutions 3/
Short-
for-
Gold
deposit
eigners
1/
Gold
investment
2/
83
April 1972
INTERNATIONAL FINANCIAL STATISTICS,
Table IFS-3.
-
U.S. Liquid Liabilities to Official Institutions of Foreign Countries, by Area
1/
I
(
End of
calendar year
or month
Total
foreign
coiin tries
In millions of dollars
Other
countries
Latin
American
Republics
Western
Europe
2/
2/
1,739
1,058
2,731
154
176
1963
U,353
8,445
1964
15,42i
9,220
1,608
1,238
3,020
160
178
1965
15,372
8,603
1,528
1,497
3,300
194
245
'13,600
13,655
7,488
7,488
1,189
1,189
1,134
1,134
3,284
3,339
277
277
228
228
15,6^6
9,872
996
1,131
3,145
249
253
1966
V
1%7
1968
V
'12,54s
12,481
7,009
7,001
533
532
1,354
1,354
3,168
3,122
259
248
225
224
1969
V
'11,955 5/
11,978 2/
5,823 5/
5,823 5/
495
495
1,679
1,702
3,190
3,190
546
546
222
222
1970
^/
20,068
20,057
13,021
13,016
662
662
1,562
1,562
4,060
4,055
407
407
356
355
•47,694
47,049
29,412
29,451
1,340
1,340
1,361
1,376
14,300
13,602
415
415
866
865
20,491
22,320
24,840
27,252
32,090
30,639
13,680
15,374
17,151
19,119
22,720
20,676
678
727
801
818
865
843
1,388
1,389
1,236
1,244
1,213
1,262
4,041
4,162
4,997
5,285
6,395
6,895
381
325
242
257
286
271
323
343
413
529
611
692
32,952
40,671
42,150
43,390
45,068
22,447
25,460
26,035
1,286
1,348
1,229
1,298
1,275
7,252
27,554
Q21
1,185
1,173
1,241
1,345
12,631
13,235
13,776
285
312
296
276
248
761
321
786
790
870
47,694
47,049
47,920
29,412
29,451
29,552
1,340
1,340
1,334
1,361
1,376
1,351
14,300
13,602
14,219
415
415
426
866
865
1,038
(
1971
4/6/
1971 -Jan
Feb
Mar
Apr
May
(June
Juli'
Aug
Sept
Oct
Nov
Dec....V 6/
1972-Jan. p
1/
2/
2/
k/
26, 550
Data represent short-term liabilities to the official institutions of
foreign countries, as reported t^r banks in the United States, and foreign
official holdings of marketable and convertible nonmarke table U.S.
Government securities with an original maturity of more than one year.
Includes Bank for International Settlements and European Fund.
Includes countries in Oceania and Eastern Europe, and Western European
dependencies in Latin America.
Data on the two lines shown for this date differ because of changes
Figures on the first line are f'omDHraoie in
in reporting coverage.
_2/
6/
p
11, 545
coverage to those shown for the preceding date; figures on the
second line are comparable to those shown for the following date.
Includes $17 million increase in dollar value of foreign currency
liabilities due to revaluation of the German mark in October 1969.
Data on the second line differ from those on the first line because
certain accounts previously classified as "official institutions" are
included with "banks" and a number of reporting banks are included in
the series for the first time.
Preliminary.
Treasury Bulletin
86
INTERNATIONAL FINANCIAL STATISTICS ^
Table IFS-4.
-
Nonmarketable U.S. Treasury Bonds and Notes
Issued to Official Institutions of Foreign Countries
'In millions of dollars or dollar equivalent)
Payable in dollars
End of
calendar
year
or month
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
Total
Total
July,
Aug.,
Sept.
Oct.
Nov.
Dec,
1972-Jan..
Feb..
Mar..
Denmark
Germany
1.J5
1,563
3,330
3,181 Ij
3,563
,
9,657 6/
32
32
32
32
329
299
144
314
1,334
1,129
2,289
2,640
3,563
3,563
3,592 5/
6,592
2,480
2,480
2,480
5,480
32
32
32
32
2,289
2,289
2,289
2,289
8,592
8,924
9,193
9,195
9,271
9,657 6/
7,480
7,479
7,479
7,479
7,554
7,829
32
32
32
32
32
2,289
2,289
2,289
2,289
2,365
2,640
5,000
5,000
5,000
5,000
5,000
9,65e
9,658
9,940
7,829
7,829
8,188
32
2,640
32
32
2 640
5,000
5,000
5,158
695
May.
June
Canada
1/
163
354
484
353
516
1,692
1,431
2,480
7,829
1,^40
1,692
1971- Mar.
Apr.
Belgium
32
2,840
Italy
2/
i
Thailand
.•
160
184
177
146
135
20
15
15
15
15
25
22
000
100
100
100
100
20
20
20
20
100
100
100
100
25
25
25
15
23
23
22
22
15
15
15
15
15
20
20
20
20
20
100
100
100
100
100
22
22
22
15
15
15
20
20
20
100
100
100
?.'}
,
20
20
20
20
15
15
15
15
.''5
3
25
25
25
25
25
25
S ,i1(jO
100
Payable in foreign currencies
End of
calendar
year
or month
Total
251
1962.
1963.
1964.
1965.
1966.
1967.
1968.
1969.
1970.
1971.
1971-Mar..
Apr..
May..
Jxine.
July.
Aug..
Sept.
Oct..
Nov,
Dec.
1972-Jan.
Feb.
Mar.
Austria
Belgixim
Germany
2/
Italy
Bank for
International
Settlements
April 1972
87
.INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-5.
-
U.S. Position in the International
Monetary Fund
(In millions of dollars]
IMF holdings
of dollars at
end of period
Transactions affecting IMF holdings of dollars
during period
U.S.
Calendar year
or month
1946-57.
1958....
1959....
1960
1961....
1962
1963.
1964.
.
.
.
.
Payments
Net
of
subscriptions in
gold
sales
by IMF
dollars
1/
^,063
1,031
150
-
1965....
1966.
.
.
776
1967....
1968.
1969.
.
.
.
.
1970....
1971
transactions with IMF
1,155
Transactions
in
foreign
currencies 2/
Transactions by
other countries
with IMF
IMF net
income
Purchases
of
dollars
^
Repurchases
Total
change
Percent
of
U.
S.
quota
U.
S.
reserve
position
in IMF
at end of
period
V
Treasury Bulletin
88
.INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-6.
-
U.S. Net Monetary Gold Transactions with Foreign Countries
and International and Regional Organizations
(In millions of dollars at $35 per fine troy ounce; negative figures represent net sales by the United States; positive figures, net acquisitions
ipril
89
1972
.CAPITAL MOVEMENTS.
Background
Data relating to capital movements between the United
States and foreign countries have been collected since 1935
pursuant to Eicecutive Order 656O of January 15, 193'*j Executive Order IOO33 of February 8, 19U9, and Treasury regulations
Statistics on the principal types
promulgated thereunder.
of data and the principal countries are published monthly
Reports are filed with the Fedin the "Treasury Bulletin."
eral Reserve Banks by banks, securities brokers and dealers,
These statisand nonbanking concerns in the United States.
tics are then consolidated, and are published by the Treasury
as promptly as possible.
.
The report forms and instructions used in the collection
The
of the statistics have been revised a number of times.
most recent general revision of the report forms became effective with reports as of May 31, 1963.
1/
The present form of the published presentation of the
"Capital Movement's" statistics was introduced in the May
1969 issue of the "Bulletin." The principal changes were
the rearrangement of the tables to bring together in separate
sections all the data relevant to the same statistical series;
the expansion of the time series on aggregate liabilities
and claims reportedby banks to show more detailed breakdowns
by type of holder and type of liability and claim; and the
presentation of statistics not previously published on the
short-term liquid claims of large nonbanking concerns.
Basic definitions
The term "foreigner" as used in the Treasury reports
covers all institutions and individuals domiciled outside
the United States,
including United States
citizens
domi-
ciled abroad, and the foreign branches, subsidiaries and
offices of United States banks and business concerns; the
central governments, central bsmks and other official institutions of foreign countries, wherever located; and interThe
national and regional organizations, wherever located.
term "foreigner" also includes persons in the United States
to the extent that they are known by reporting institutions
to be acting on behalf of foreigners.
In general, data are reported opposite the foreign country or geographical area in which the foreigner is domiciled,
For a
as shown on the records of reporting institutions.
number of reasons, the geographical breakdown of the reported
data may not in all cases reflect the ultimate ownership of
the assets.
Reporting institutions are not expected to go
beyond the addresses shown on their records, and so may not
be aware of the country of domicile of the ultimate beneficiary.
Furthermore, U.S. liabilities arising from deposits of dollars
with foreign banks are reported generally in the Treasury
statistics as liabilities to foreign banks, whereas the liability of the foreign bank receiving the deposit may be to
foreign official institutions or residents of another country.
"Short-term" refers to obligations payable on demand
or having an original maturity of one yeax or less.
"Longterm" refers to obligations having an original maturity of
more than one yeaj, and includes securities having no con-
tractual matxurity.
Reporting coverage
Reports are required from banks, securities brokers and
dealers, and nonbanking concerns in the United States, including the branches, agencies, subsidiaries, and other afInstitutions
filiates in the United States of foreign firms.
which have total reportable liabilities, claims or securities
transactions below a specified exemption level, based on the
average for the report dates during a six-month period, including the current report date, are exempt frcm reporting.
Banks file reports monthly covering their short-term
and long-term liabilities to and claims on foreigners; an
exemption of $500,000 is applicable to reports in each of
these categories.
Twice a year they also report their shortterm dollar liabilities to foreigners in countries not shown
separately on the monthly report of liabilities. Banks,
securities brokers and dealers, and in some instances, nonbanking concerns report monthly their transactions in securities with foreigners; the applicable exemption level is
$100,000.
,
Quarterly reports are filed by exporters, importers, industrial and conmeroial concerns, financial institutions
other than banks and brokers, and other nonbanking firms if
their liabilities or claims are $500,000 or more. Such firms
also report the liquid portion of their claims for each monthend when they have reportable claims of $1 million or more.
The foreign credit and debit balances of securities brokers
and dealers are reported quarterly; the exemption level applicable to these reports is $100,000.
Description of statistics
Data collected on the Treasury Foreign Exchange Forms
are published in the "Treasury Bulletin" in six sections.
Each section contains all the data relevant to the same statistical series, with tables showing time series by type and
country, and the detailed breakdowns of the latest available
data.
Section I covers the short-term and long-term liabilities
The
to foreigners reported by banks in the United States.
data exclude the holdings of dollars of the International
Monetary Fund derived from payments of the United States
subscription and from the exchange transactions and other
(Liabilities representing the "gold
operations of the Fund.
investment" of the Fund, however, are included. ) The data
also exclude U.S. Treasury letters of credit, and nonnegotiable, noninterest-bearing special notes of the United States
held by international and regional organizations.
Data pertaining to branches or agencies of foreign official institutions are reported opposite the country to which
the off icial institution belongs.
Data pertaining to international and regional organizations are reported opposite
classification
the appropriate international or regional
except for the Bank for International Settlements and the
European Fund, which are included in the classification "Other
Western Europe
.
Section II presents the short-term and long-term claims
on foreigners reported by banks in the United States, including
claims held for their own account and for the account of
their domestic customers
The data exclude convertible foreign currencies held by U.S. monetary authorities.
.
Sections III
and IV show resi>ectively the liabilities
Treasury Bulleth
90
.CAPITAL MOVEMENTS.
to, and claims on, foreigners reported by exporters. Importers, industrial and commercial firms, financial institutions
other than banks and brokers, and other nonbanking concerns
The data exclude the intercompany acin the United States.
counts of business enterprises in the United States with
their own branches and subsidiaries abroad or with their for(Such transactions are reported by
eign parent companies.
business firms to the Department of Commerce on its direct
investment forms.) The data also exclude claims held through
United States banks. Separate figures are shown in Section
IV for the short-term liquid claims of large nonbanking concerns in the United States.
Section V contains data on transactions in ti i types
of long-term domestic and foreign securities by foreigners
reported by banks and brokers in the United States (except
nonmarketable U.S. Treasury notes, foreign series, and nonmarketable U.S. Treasury bonds and notes, foreign currency
series, which are shown in "International Financial Statistics" section. Table IFS-U).
The data cover new issues of
securities, transactions in outstsmding issues, and redemptions of securities.
They include transactions executed in
the United States for the account of foreigners, and transactions executed abroad for the account of reporting institutions and their domestic customers
The data include some
transactions which are classified as direct investments in
the balance of payments accounts.
The data exclude securities issued abroad by foreign subsidiaries of U.S. corporations, some of which are treated in the balance of payments
as issues of U.S. corporations.
.
1/
The geographical breakdown of the data on securities
transactions shows the country of domicile of the foreign
buyers and sellers of the securities; in the case of outstanding issues, this may differ from the country of the
original issuer. The gross figures contain some offsetting
transactions between foreigners. The net figures for total
transactions represent transactions by foreigners with United
States residents; but the net figures for transactions of
individual countries and areas may include some transactions
between foreigners of different countries. Beginning with
data for 1969, transactions between foreigners in new issues
not offered for sale to United States residents but managed
by underwriters in the United States are excluded from the
gross figures.
Section VT comprises two tables on the money credit
and debit balances, as appearing on the books of reporting
brokers and dealers in the United States, in accounts of foreigners with them, and in their accounts carried by foreigners
The data published in these sections do not cover all
types of reported capital movements between the United States
and foreign countries.
The principal exclusions are
the
intercompany capital transactions of business enterprises
in the United States with their own branches and subsidiaries abroad or with their foreign parent companies, and capital
transactions of the United States Government. Consolidated
data on all types of capital transactions are published by
the Department of Conmerce in its regular reports on the
United States balance of payments.
Copies of the reporting forms and instructions may be obtained from the Office of Balance of Payments Programs, Operations and Statistics, Office of
the Assistant Secretary for International Affairs, Treasury Department, Washington, D.C. 20220 or from Federal Reserve Banks.
April 1972
91
.CAPITAL
Section
I
-
Liabilities to Foreigners
Table CM-I-L
-
Short-Term
MOVEMENTS.
Reported by Banks
Liabilities by
Type
in the
United
^-'ates
of Foreign Holde)
(In miillons of dollars)
Foreign countries
Official institutions 1/
Total
short -
End of
calendar year
or month
International and regional
Banks and other foreigners
Payable in dollars
teiin
Payable
liabili
ties
Payable
in
Other
foreigners
foreign
currencies
Payable
IMF
in
gold
investment 2/
foreign
currencies
Nonmonetary
international and
regional
iZ
.957
U,383
13,641
7,917
7,917
5,724
3,413
2,252
59
742
200
542
,95B
15,367
14,615
8,665
8,665
5,950
3,460
2,430
59
752
200
552
,959
17,261
16,231
9,154
9,154
7,076
4,601
2,398
77
1,031
500
531
18,701
17,260
10,212
10,212
7,047
4,705
2,230
113
1,442
691
V
751
r20,015
20,008
18,699
18,781
10,940
10,940
10,893
10,893
46
46
7,759
7,841
5,299
5,380
2,356
2,35"
104
104
1,317
1,317
613 i/
613
704
704
r21,Q5S
21,q58
19,Q07
19,874
11,997
11,963
11,949
11,915
48
48
7,911
7,911
5,251
5,251
2,564
2,564
95
95
2,050
2,084
21,330
12,467
12,437
30
8,863
5,713
3,046
104
1,547
739 A/
25,^67
25,518
23,849
23,900
13,224
13,220
13,224
13,220
10,625
10,680
7,153
7,213
3,354
3,376
118
90
1,618
1,618
800
800
818
818
25,551
24,072
13,066
13,066
11,006
7,360
3,587
59
1,479
800
679
r27,72A
27,599
26,343
26,219
12,484
12,539
11,968
12,022
517
517
13,859
13,680
10,023
9,864
3,743
3,743
1,381
1,381
800
800
581
581
f 30, 657
29,370
29,232
14,034
14,027
13,882
13,876
152
152
15,337
15,205
11,132
11,008
4,128
4,120
77
77
1,287
1,273
800
487
473
960
961 1/
I
962 5/
96?
964 5/
f
1
965
966 5/
1
967 2/
I
31,717
30,234
11,318
10,855
463
18,916
14,298
4,444
173
1,483
11,054
40,190
38.631
38,786
11 ,077
10,851
10,874
202
202
27,577
27,709
23,412
23,419
3,939
4,064
226
226
1,40Q
1,413
800
800
609
613
141.719
40 499
41 , 761
40,541
19,333
19,333
19,184
19,185
148
148
21,166
21,207
16,917
16,945
4,029
4,038
220
220
1,221
1,221
400
400
821
821
155,404
155,417
53,632
53,645
39,679
39,001 6/
39,521
38,836 6/
158
165 7/
13,954
14,64A
10,034
10,723 6/
3,692
3,694
228
228
1,772
1,772
4Cn
400
1,372
1,372
42,532
43,864
46,063
50,217
46,706
41,181
42,479
44,515
48,622
45,125
21,599
24,119
26,531
31,346
26,808
21,449
23,719
26,131
30,926
26,388
150
400
400
420 8/
420
19,582
18,360
17,984
17,276
18,317
15,219
14,029
13,618
13,036
14,120
4,103
4,078
4,129
4,041
3,957
260
253
238
199
240
1,351
1,385
1,548
1,596
1,581
400
400
400
400
400
951
985
1,148
1,196
1,181
46,345
52,418
52,887
53,953
53,901
44,698
50,675
51,162
52,275
52,191
26,868
34,016
35,081
36,063
37,266
26,447
33,596
34,923
35,905
37,107
420
421
158
158
158
17,830
16,659
16,081
16,212
14,925
13,704
12,590
12,197
12,255
10,981
3,894
3,839
3,645
3,734
3,733
232
230
239
222
211
1,647
1,742
1,725
1,677
1,710
400
400
400
400
400
1,247
1,342
1,325
1,277
1,310
55,404
i^55,417
53,632
53,645
39,679
39,001 6/
39,521
38,836 6/
158
165 7/
13,954
10,034
14,644 6/ 10,723 6^
3,692
3,694
228
228
1,772
1,772
400
400
1,372
1,372
56,426
57,324
54,503
55,864
39,566
40,686
39,401
40,519
166
167
14,937
15,178
3,771
3,809
267
306
1,923
1,460
400
1,523
1,460
I
370 5/
I
m i/ 6/
371-Feb
Mar
Apr
May
June
July
Aug
Sept
Oct
.
Nov
Dec
372-Jan. p
Feb. p
I
5/6/
1,250
1,284
f-lO.O^O
968
369 5/
30,505
V
.
Includes Bank for International Settletients and European Fund.
Short-term U.S. Govemment obligations at cost value and funds awaiting investment obtained from proceeds of sales of gold by the International Monetary Fund to the United States to acquire incorae-eaming
assets. Upon termination of investment, the same quantity of gold can
be reacquired by the International Monetaiy Fund
Principally the International Bani for Reconstruction and Developnent
and the Inter-American Development Bank.
Includes difference between
cost value and face value of securities in IMF gold investment account
($14 million at end 1971).
In addition, IMF gold investment Included investnents in U.S. Govemment bonds and notes which amounted to |109 million at end 1960, $187
million at end 1961, and $61 million at end 1963.
Data on the two lines shown for this date differ because of changes
in reporting coverage.
Figures on the first line are comparable in
6/
7/
8/
p
6/'
10,899
11,063
683
coverage to those shown for the preceding date; figures on the second
line are conrparable to those shown for the following date.
Data on the second line differ from those on the first line because
certain accounts previously classified as "official institutions" are
included with "banks" and a number of reporting banks are included in
the series for the first time.
Second line includes $7 million Increase in dollar value of foreign
currency obligations revalued to reflect market exchange rates as of
Eec. 31, 1971.
Increase in valuation resulted from redemption of outstanding Swiss
franc securities at old exchange rate and reissue of securities at
new exchange rate at time of revaluation of Swiss franc.
Preliminary.
Treasury Bullet
92
.CAPITAL MOVEMENTS.
Section
I
-
Reported by Banks in the United States
by Type of Liability
Foreign Countries
Liabilities to Foreigners
Table CM-I-2.
-
Short-Term
Part
{
Official institutions
A
-
Liabilities
In millions of dollars)
Banks and other foreigners
Payable in dollars
ly'
Payable in dollars
End of
calendar
year
or month
Total
foreign
countries
Payable
in
Deposits
Time
2/
1958
U.S.
Other
shor1>
Treasury
bills and term
certifi- liabilicates
ties 2/
Deposits
foreign
U.S.
Other
cur-
Treasury
bills and
certificates
shorV
rencies
Demand
Time
2/
term
liabilities 2/
Deposits
Demand
2/
U.S.
Treasury
bills and
certificates
Other
shortterm
liabilities 2/
93
April 1972
.CAPITAL MOVEMENTS.
Section
I
-
Liabilities to Foreigners Reported
Table CM-I-2.
-
Part
Short-Term Liabilities by Type
B - International and Regional Organizations
1957
1959
1960
1061
1
5/.
.
.
1963
1964
1965
1966
1967 i/....
1968
1969
1970
1071
1971 -Feb.
Mar.
Apr.
May.
June
.
.
.
.
.
.Tuly..
Aug.
Sept..
Oct...
.
Dec
.
1972-Jan.
.
p,
Feb. p
Total
international
and regional
United States
(Continued)
Nonmonetary international and regional org ari is at ions
investment
U.S. Treasury
bills and
certificates 1/
200
200
500
742
752
1,031
1,442
1,317
613 A/
2,050
2,084
800
800
1,547
1,618
1,479
1,331
739
800
800
800
ri,287
^1,273
SCO
800
1,483
1,413
1,221
1,772
800
800
400
400
1,351
1,385
1,548
1,5«6
1,581
400
400
400
400
400
1,647
1,742
1,725
1,677
1,710
1,772
400
400
400
400
400
400
l,92-<
400
1,460
-
millions of dollars!
IMF gold
ig-^s
in the
of Liability
li.
End of
calendar year
or month
by Banks
6914/
V
Deposits
U.S. Treasury
bills and
certificates
2/'
Other
short-term
liabilities 2/
Treasury Bulled
94
.CAPITAL MOVEMENTS.
Section
I
-
Liabilities to Foreigners
Table CM-I-3.
-
Reported by Banks
in the
United States
Short-Term Liabilities by Country
95
April 1972
.CAPITAL MOVEMENTS.
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-4. - Short-Term Liabilities, by Type and Country, as of February 29, 1972
Preliminary
(Position in millions of dollars)
Treasury
96
.CAPITAL
Section
Table CM-I-5.
-
-
I
Bullet,
MOVEMENTS.
Liabilities to Foreigners
Reported by Banks
in the
United States
Short-Term Liabilities, Countries and Areas Not Regularly Reported Separately
^Position at end of period in millions of dollars)
Calendar year
Dec.
1Q70
Coiintry
1Q67
" Other
Western Europe
Cyprus
Iceland
Ireland , Republic of
Luxembourg
Malta
Monaco
Apr,
1971
''
2
2
7
4
9
25
Eastern Europe "
Bulgaria
Czechoslovakia
Estonia
Hungary
Poland
Rumania
Soviet Zone of Germany
9
11
6
24
9
38
10
10
41
1/
7
10
29
1/
6
1/
5
3
3
4
4
6
6
5
8
1
4
5
2
2
1
31
1
3
4
5
2
5
2
2
1/
" Other
" Other
Latin American Republics
Bolivia
Costa Rica
Dominican Republic
Ecuador
El Salvador
Guatemala
Gxiyana (British Guiana)
Haiti
Honduras
Jamaica
Nicaragua
Paraguay
Trinidad and Tobago
"
2
2
13
7
6
2
5
3
2
3
3
19
19
7
16
23
10
4
21
7
2
3
69
41
99
79
75
100
59
43
90
72
80
97
8
4
"
Other Latin America "
British Honduras
British West Indies
French West Indies and French Guiana
67
35
53
86
69
64
1
16
27
12
73
.
Asia "
Afghanistan
Bahra in
Burma
Cambodia
Ceylon
Iran
Iraq
Jordan
Kuwait
Laos
Lebanon
Malaysia
Nepal
Onan (Muscat and Oman)
Pakistan
Qatar
Ryukyu Islands (including Okinawa)
Saudi Arabia
Singapore
Syria
United Arab Emirates (Trucial States) 2/
Viet Nam
Yemen (Aden)
60
43
68
52
78
76
69
84
55
86
73
73
2
16
30
22
15
46
13
5
6
16
3
2
2
17
29
17
63
13
16
19
44
19
47
15
8
34
19
59
16
10
14
1
2
2
3
2
15
14
1
2
30
2
33
2
38
6
9
6
34
16
22
26
13
11
15
34
1
2
" Other
5
6
17
2
1
3
5
37
18
40
49
50
35
40
37
4
113
64
15
41
35
P6
26
17
46
1
6
60
5
100
38
14
49
55
3
78
52
1"'
2
1
5
16
176
14
35
3
160
6
17
29
67
2
4
5
132
148
61
5
2
32
4
2
4
32
3
2
4
50
11
7
14
54
36
3
3
5
2
83
30
17
6
54
22
60
29
18
1
7
35
4
25
38
6
18
27
106
17
106
41
57
7
43
5
19
1
39
51
4
4
94
179
6
161
1
2
3
4
8
13
1
14
20
17
19
13
12
3
3
10
4
43
23
288
3
4
38
22
195
13
21
7
25
9
3
" Other
Africa "
Algeria
Ethiopia (including Eritrea)
F.T.A.I. (French Somaliland)
Ghana
Ivory Coast
Kenya
Liberia
Libya
Mozambique
Nigeria
"Portuguese West Africa"
Southern Rhodesia
Sudan
Tanzania
Tunisia
Uganda
Zambia
"
Other Countries "
New Zealand
Note:
11
53
7
24
1
2
7
4
1
1
21
2
37
16
25
IS
29
25
69
1
1
6
91
5
4
3
6
7
26
38
20
17
5
10
6
3
2
2
1
11
9
2
1
2
5
3
1
1
20
10
9
7
10
6
1
1
35
25
21
7
6
25
10
1
U
17
I:
3
7
Data represent a partial breakdown of the amounts shown for the corresponding dates for the "Other" categories in the regular monthly
series in the 'Treasury Bulletin,"
1/
2/
n.a.
6
8
5
5
20
14
16
25
Included with Belgium (see Section I, Table CM-I-;^).
Beginning December 31, 19*71 excludes Ras al Khaymah.
»
Less than $500,000.
Not available.
97
April 1972
.CAPITAL MOVEMENTS.
Section
I
-
Liabilities to Foreigners
Table CM-I-6.
-
Reported by Banks in the United States
Long-Term Liabilities by Type
'In millions of dollars)
Treasury Bulleti
98
.CAPITAL
Section
I
MOVEMENTS.
Liabilities to Foreigners Reported
-
Table CM-I-7.
Long-Term
-
by Banks in the United States
Liabilities
by Country
(Position at end of period in millions of dollars
)
Calendar year
Country
1968
Europe
Austria
Belgium- Luxemboxirg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Swi tzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
1969
1970
1971
Sept.
Oct.
Dec.
Jan. p
:
14
1
6
1
1
1
15
6
110
164
164
164
165
164
:64
1
1
1
2
1
1
1
1
1
*
5
4
*
46
42
2
2
52
19
44
45
21
11
11
-%
Total Europe
52
50
21
21
-5d
Canada
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
:
64
25
2
15
1
1
1
15
1
1
15
1
1
1
1
2
1
1
1
1
1
1
1
1
31
31
27
1
1
31
4
31
31
4
3
31
39
40
«
Urugxiay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
13
25
1
1
American Republics..
Bermuda
Antilles and Surinam
America
Total Latin America
168
74
44
31
1
2
3
1
1
1
*
if
2
6
13
13
49
4
53
31
31
31
3
4
5
7
4
39
4
31
10
14
:wl
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
1
1U--
:
2U
655
67
201
-;5i
Total Asia
41
655
72
70
48
70
273
8
21
6
8
12
6
6
34
7
7
7
40
39
39
1
1
*
37
37
6
3
37
37
522
1,751
Africa
Congo ( Kinshasa)
Morocco
South Af ri ca
United Arab Republic
Other Africa
6
385
47
12
42
8
12
9
5
6
6
3
1
6
6
6
34
6
30
*
.IL.
113
87
:
(
Egypt)
Total Africa
Other countries
Australia
All other
:
63
10
Total other countries
Total foreign countries
International and regional
International
European regional
Latin American regional
Asian regional
2,369
Total International and regional
Grand total
»
p
Less than $500,000.
Preliminary,
1,601
452
465
:
314
31
557
490
351
313
327
342
287
264
35
57
39
118
116
66
42
,1
789
446
473
1,703
915
45
777
3,166
2,49C
469
,4 c
546
'-.'!':
1,'JQQ
[prtl
99
1972
.CAPITAL MOVEMENTS.
Section
II
-
Claims on Foreigners Reported by Banks
Table CM-II-1.
In
United States
in the
Short-Term Claims by Type
-
millions of dollaxsj
Payable in dollars
Total
shortterm
claims
Total
Official
ineti-
Other
foreigners
tu t on:i
i
{t:n=
Payable in foreign c-urrencie
Collections
outstanding
Loans
,31,1,
1,268
401
4<9
.407
1,309
351
498
.1-5
1,297
290
524
,17?
1 ,'j4^'
for
account of
reporting
banks and
domestic
customers
Acceptances
made for
account
of foreigners
Other
shortterm
claims
Total
Deposits
of
reporting
banks and
domestic
customers
with foreigners
699
147
132
15
421
656
198
181
16
460
516
582
192
178
15
482
605
1,233
460
222
238
1,837
1,874
543
543
342
343
200
200
1,967
495
309
157
342
182.
223
221
1,374
1,40 3
,055
,150
1,00''
2,t)O0
552
7,957
2,652
2,773
1,135
2.621
80:-:
dOI
624
7,632
7,735
7,158
7,243
2,968
2,970
271
271
1,566
1.567
,130
1,268
1.272
2,501
2.508
422
4°2
474
492
325
7 39Q
T
44
420
7,4':
:,U1
240
241
.
',
:
J
^
:
,
1 -iQ
,1 "
o
1
145
1
:
1
,
1
,(M<
1
,'-40
1,'-14'
I
i4:<
,228
54
68
96
70
70
110
110
'
74
'
70
63
67
*
4>-j4
.01
,''1
4."'0
:'.1-"1
]
4,531
12,3';'4
221
222
38
10,14.:
516
89
79
74
100
107
156
147
2,631
2,097 2/
1,680
1,679
2,475
2,475
4,243
4,270
1,097
1,651
886
885
593
592
119
1,594
1,598
1,754
1,929
1,969
1,267
1,304
1,250
1,293
1,288
2,353
2,335
2,279
2,349
2,378
3,990
4,053
4,127
4,177
3,993
749
752
718
1,074
721
535
5b4
534
334
365
339
449
374
111
102
92
78
102
2,364
2,357
2,372
2,307
2,306
3,682
4,lb2
4,052
3,377
3,901
818
1,001
972
969
382
497
481
473
62
46
104
111
89
95
90
97
112
99
11')
174
174
90
96
11,062
lU,4'f'7
3,110
3,377
3,405
10,966
12,4A7
11,912
11,368
11,952
10,427
11,814
11,230
10,672
11,230
3,563
4,294
3,835
3,520
4,028
200
191
133
135
167
2,051
2,682
2,056
2,431
1,312
1,421
1,410
1,329
1,430
1,046
539
633
632
696
671
/l3,232
\l3,279
12,346
12,394
4,531
3,998 2/
221
222
2,631
2,097 2/
1,680
1,679
2,475
2,475
4,243
4,270
1,097
1,651 2/
886
885
593
592
119
119
174
174
13,075
12,330
12,705
3,882
4,030
206
196
2,061
2,053
1,614
1,781
2,473
2.430
4,251
4,413
1,725
1.832
744
795
501
139
127
104
,
'
1/2/
84
2.J15
166
l.'1.04
10 ':br.
,11,01*
Dec.
1,^-54
51,;.
,17^'
12,34d
\l3,279
95
73
r .i'l-A
{:::•=
42
77
102
367
,2=8
1.511
claijns
187
,
1.55:-'
Other
shortterm
186
*4:
6,810
7,333
7
Foreign
government
obligations
and
commercial
and
finance
paper
13,50iJ
10,2,-.4
l''i,
)7V
2,231:
Data on the two lines showri for this date differ because of changes
Figures on the first line are comparable In
in reporting coverage.
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
Data on the second line differ from those on the first line because
those claims of U.S. banlts on their foreign branches and those claims
p
636
565
103
109
89
99
of U.S. agencies and branches of foreign banlcs on their head offices
and foreign branches which were previously reported as loans are
included in "other short-term claims"; and a number of reporting banks
are included in the series for the first time.
Preliminaiy.
Treasury Bulleth
100
.CAPITAL MOVEMENTS.
Section
II
-
Claims on Foreigners Reported by Banks
Table CM-II-2.
-
in the
Short-Term Claims by Country
United States
[pril
101
1972
.CAPITAL MOVEMENTS.
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-3. - Short-Term Claims, by Type and Country, as of February 29, 1972
Preliminary
(Position in millions oT dollars)
:Zhort-term claims payable in dollars
Loans
Total
short term
claims
Country
Foreign
banks and
official
insti tutions
^ope
:
lustria
tel;7ium
-Luxembourg
Denmark
^inland
^ance
termany
freece
:taly
letherlands
lorway
10
3
94
%
52
139
345
253
25
182
102
71
139
293
184
56
16
7
56
78
U
^rtugal
Ipain
88
125
181
Iweden
twitzerland
urkey
fnited Kingdom
'ugos la via
ither
11
102
Western Europe
Ither
Eastern Europe
total
Europe
3
115
39
20
5
42
62
86
8
3
5
564
15
467
104
11
37
14
15
37
48
48
34
22
2.377
2,062
76'
30fa
306
469
122
387
132
271
16
I.S.3.R
24
168
89
68
14
85
119
135
3
ada
in America
rgentina
:
trazll
472
122
390
hile
olombia
Uba
13
13
974
106
159
41
269
364
288
954
106
159
40
261
America
23
21
23
20
otal Latin America
,54^
3,513
texico
anama
feru
'ruguay
enezuela
ther latin
ahamas and
etherlands
Suri nam
ther Latin
Americaa Republics
Bermuda
Antilles and
364
287
54
157
696
62
109
16
163
38
86
1,845
a;
hina Mainland
ong Kong
ndia
ndonesia
srael
apan
urea
hilippines
aiwan
hailand
ther Asia
1
30
35
otal Asia
ica
ongo (Kinshasa)
orocco
outh Africa
nited Arab Republic
ther Africa
1
81
20
19
34
103
,080
394
153
154
198
213
102
4,017
394
5,432
5,350
U
U
153
153
190
207
21
5
9
49
566
36
39
22
18
331
:
4
4
1
167
13
101
159
13
101
41
300
291
153
2Q
140
23
otal other countries
187
168
foreign countries
13,495
12,700
(Egypt).,
otal Africa
er countries
iistralia
11 other
a.1
:
srnational and regional
ad total
2
33
49
Collections
outstanding
for account
of reporting banks
and domestic
customers
Short-term claims payable
in foreign currencies
Accept
ances
made for
account
of
foreign-
ers
Deposits of
reporting
banks and
domestic
customers
with
foreigners
Foreign
government
obligations
and commercial and
finance
paper
Treasury Bullet
102
.CAPITAL
Section
II
-
MOVEMENTS.
Claims on Foreigners Reported by Banks in the United States
Table CM-IM.
-
Long-Term Claims by Type
i
(In millions of dollars)
Payable in dollars
End of
calendar year
or month
1957
1958
1959
1960
1961
1962
1963-May 1/.
Total
long-term
Official
institutions
l,17i
1,362
l,5i5
1,698
2,034
2,160
/2,293
L2,37V
1963 1/
/2,837
13,030
196A
f3,971
1/.
U,285
1965. .
1966.
1967.
1968
1969....
1970,
1971 ....
.
.
.
.
.
.
.
L>_ians
Total
n.a.
n.a.
n.a.
2,293
2,379
2,834
3,028
3,971
4,283
4,508
4,162
3,909
3,552
3,232
4.517
4,180
3,925
3,567
3,250
^,075
3j.050
<,621
3,598
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
2,260
2,346
2,781
2,811
3,777
3,995
4,211
3,915
3,635
3,158
2,806
2,698
3,320
660
730
725
728
703
716
793
702
669
484
528
502
504
563
Other
foreigners
n.a.
n.a.
n.a.
273
273
397
397
701
729
628
512
323
237
209
236
309
n.a
n.a
n.a
1,328
1,342
1,659
1,685
2,372
2,550
2,790
2,702
2,642
2,393
2,096
1.958
Other
long-term
claims
Payable in
foreign
currencies
n.a.
n.a.
n.a.
n.a.
n.a.
33
33
54
217
195
288
297
247
274
394
n.a.
n.a.
n.a.
n.a.
n.a.
2
2
ih
1
9
18
15
16
18
2,448
426
352
278
213
226
227
251
241
1,952
2,017
2,053
2,167
2,203
289
277
271
279
278
26
25
22
1971 -Feb
Mar ....
Apr . . .
May. .
June..
2,938
3,020
3,197
2,649
2,744
2,784
2,940
2,919
July..
Aug.. ..
Sept . .
Oct
Nov ....
Dec....
3,274
3,365
3,412
3,468
3,514
3,598
2,992
3,090
3,121
3,181
3,237
3,320
489
253
265
269
266
282
309
2,250
513
514
533
555
563
2,311
2,338
2,382
2,401
2,448
282
276
291
286
276
278
20
28
28
26
23
22
3,633
3,682
3,7(a
3,412
563
577
307
310
2,490
2,516
273
271
24
.
1972Jan.
p.
Feb. p.
1/
3,055
3,220
Data on the two lines shown for this date differ because of changes
Figures on the first line are comparable in
in reporting coverage.
coverage to those shown for the preceding date; figures on the second
501
504
523
475
line are conrparable to those shown for the following date.
Not available
Preliminary.
«
Less than $500,000.
26
30
33
32
24
ipril
1972
.CAPITAL
Section
II
-
Claims on Foreigners Reported by Banks
Table CM-II-5.
k
MOVEMENTS.
-
in the
Long-Term Claims by Country
(F'osition at end of period in millions of dollars)
aleiidar year
Country
urope
1970
1969
1968
'
1
Austria
Belgium- Luxembourg
Denniark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spai n
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
18
1
2
71
27
37
36
56
1
3
2
72
n
49
27
'34
91
18
23
5
2
1
1
63
12
12
67
133
113
4"
el
Ul
534
70
127
419
44
97
30
37
108
139
15
12
13
11
Total Europe
anada
atin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
:
American Republics..
Bermuda
Antilles and Surinam
America
71
157
l".
14
Total Latin America
sia
China Mainland
Hong Kong
India
Indonesi a
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
187
73
53
1,339
:
Total Asia
ifrica
1
1
53
2
43
2
21
113
83
151
202
16
27
112
738
656
1
1
30
1
122
148
24a
21
:
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt).,..
Other Africa
33
4
166
123
Total Africa
204
162
236
37
186
Jther countries :
Australia
All other
Total other countri es
rotal foreign countries
215
,565
[nternational and regional
3rand total
3,567
United States
Treasury
104
.CAPITAL MOVEMENTS.
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-6. - Long-Term Claims, by Type and Country, as of February 29, 1972
Preliminary
(Position in millions of dollars)
Bulleti\
105
April 1972
.CAPITAL
Section
III
-
MOVEMENTS-
Liabilities to Foreigners Reported by
Table CM-IIM.
-
In millions
Nonbanking Concerns
Liabilities by
in the
United States
Type
of dollars)
Short-term liabilities
End of
calendar year
or quarter-end
month 1/
Total
liabilities
Payable in
dollars
Payable in
foreign
currencies
Long-term
liabilities
566
491
428
62
75
499
440
368
71
60
66-i
581
512
69
83
574
596
485
507
424
437
61
70
89
-Mar. 2/,
674
691
583
600
510
525
73
76
91
June 2/
756
778
563
572
lU
83
684
113
94
Dec
833
678
569
109
155
778
817
626
665
527
2/,
551
11
Dec. 2/,
798
805
637
644
508
513
129
130
161
775
626
479
148
148
763
725
622
585
471
441
151
144
140
807
700
556
144
107
810
600
210
136
147
1,419
1,089
827
262
329
1,784
1,815
1,371
1,386
1,027
1,039
343
347
414
428
2,737
1,608
1,225
382
1,129
3,511
4,425
1,786
2,096
1,399
1,654
387
1,725
2,331
-Sept
5,295
2,482
1,956
526
2,813
Dec
5,755
2,626
2,159
467
3,129
5,585
2,389
1,957
432
3,196
5,517
2,327
1,919
408
3,190
5,478
2,531
2,091
440
2,947
2/
-Jur,e
-June 2/,
Dec
°43
2/
673
^
'- J
2/
2/
-Mar
June
. . .
Sept...
Breaks in series arising from changes in reporting coverage which
million or less for any year are not shown; in such
only the figure comparable to that for the following date is
Lmount to $5
:ases,
ihown.
lata
are shown for calendar year ends and for the most recent five
[uarter ends for which figures are available. Data are also shown for
99
4a
151
earlier quarter ends when the reporting coverage changed.
Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable in
coverage to those shown for the preceding date; figures on the
second line are comparable to those shown for the following date.
Treasury Bulleti
106
.CAPITAL MOVEMENTS.
Section
III
Liabilities to Foreigners
-
Table CM-IlI-2.
Reported by Nonbanking Concerns
-
Short-Term
Liabilities
by Country
([ositioii at end of period in mil} ions or dollarc
Calendar year
Country
1968
1967
Europe
Austria
:
2
27
7
BeigiuTD- Luxembourg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
64
92
11
61
79
6
31
24
86
3
310
4
1
Total Europe
Canada
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahajnas and
Netherlands
Other Latin
:
4
9
8
9
«*
10
<;
-
6
1
33
American Republics..,
Bermuda
Antilles and Surinam,
America
21,
11
Total Latin America
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
:
Total Asia
Total Africa
A
3
63
1
8
5
5
A5
8
3
11
-\-
:
Total other countries
Total foreign countries
International and regional
Grand total
5
12
151
Africa :
Congo ( Kinshasa]
Morocco
South Africa
United Arab Republic (Egypt)..,
Other Africa
Other countries
Australia
All other
i
in the
United States
pril
107
1972
.CAPITAL
Section
III
-
MOVEMENTS.
Reported by Nonbanking Concerns in the United States
Short-Term Liabilities, by Type and Country, as of September 30, 1971
Liabilities to Foreigners
Table CM-III-3.
-
Final
fPosition in millions of dollar.^
Total
Country
short-term
liabili ties
10
60
istria
ilgium- Luxembourg
jnmark
.nland
•ance
irmany
3
2
139
125
6
74
85
eece
;aly
ttherlands
5
irway
irtugal
reden
ri.tzerland
18
37
28
100
LTkey
lited
686
win
3
Kingdom
2
2
igoalavla
Weatern Europe
S.S.R
iher Eastern Europe
:her
)tal
Europe
ida
Ln
'
America
:
19
13
Tgentina
razil
lile
U
6
jlombia
iba
23
axico
uiama
6
5
3ru
ruguay
anezueia
U
bher Latin American Republics..,
ihamas and Bermuda
atherlands Antilles and Surinam
33
232
bher Latin America
3tal
Latin America
lina Mainl and
DHg Kong
idia
idonesia
srael
apan
Drea
1
9
26
11
21
178
10
6
hilippines
17
alwan
^ailand
ther A sia
13"^
otal Asia
421
lea
Dngo (Kinshasa)
:
1
orocco
outh Africa
nited Arab Republic (Egypt)
ther Africa
45
otal Africa
78
er countries
:
uatralia
11 other
otal other countries
al foreign
countries
ernational and regional
nd t.otal
1
1
31
Treasury Bullet
108
.CAPITAL
Section
III
-
MOVEMENTS.
Liabilities to Foreigners Reported by
Table CM-III-4.
-
Long-Term
Nonbanking Concerns
Liabilities
by Country
'Position at end of jeriod in millions of dollars
in the
United States
ipril
109
1972
.CAPITAL MOVEMENTS.
Section IV
-
Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-1.
k
i
-
Claims by Type
In millions of dollars;
Short-term claims
calendar year or
quarter -end month
Payable in foreign currencies
Total claims
Total
1/
777
637
720
568
1,009
705
605
r 1,775
1^1,859
1,432
1,505
824
875
r 1,633
1,248
1,305
939
968
1,496
1,528
1,181
1,208
2,117
1,646
1,664
1,323
1,340
2,138
1,636
1,335
r 2,443
1,807
1,974
1,475
1,598
2,867
2,051
2,098
1,625
1,668
2,929
2,979
2,113
2,162
1,712
1,758
2,282
1,877
947
7.
9
2/
l-Mar. 2/.
1,701
\
June 2/.
(1,895
Sept. 2/.
(2,099
1,934
Dec
,2-Jime 2/.
Dec. 2/.
3-Mar.
3/.
1^2,678
(2,809
r
\
June 2/.
/'3,048"\
\^3,164J
2,854
2,922
Dec. 2/.
'
^-June 2/.
Dec. 2/.
2,131
2,188
3,297
3,245
3,738
{ 3,934
2/
5
{
3,565
3,438
3,884
4,483
7 2/.
4,5a
(
a....
9
2/'.
5,572
5,925
{ 6,484
0-Sept.
7,196
Dec.
7,060
l-Mar..
7,478
June.
7,682
Sept.
7,838
I
Breaks in series arising from changes in reporting coverage whiali
amount to $5 million or less for any year are not shown; in such
cases, only the figure comparable to that for the following date is
shown.
Data are shown for calendar year ends and for the most recent five
quarter ends for which fig\ires are available. Data are also shown
e:
Payable in
dollars
Deposits with banks
abroad in reporter's
own name
Other short-term
claims payable in
foreign currencies
Long-term
claims
Treasury Bullet
no
.CAPITAL MOVEMENTS.
Section IV
Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-2.
-
Short-Term Claims by Country
(Position at end of period in millionE of dollars)
111
Wil 1972
CAPITAL MOVEMENTS.
Claims on Foreigners Reported by Nonbanking Concerns in the United States
Section IV
Table CM-IV-3. - Short-Term Claims, by Type and Country, as of September 30, 1971
-
Final
I
(Position in millions of dollars)
Payable in foreign currencies
Total
short-term
claims
Country
stria
Igium- Luxembourg,
13
59
14
16
182
209
40
176
66
17
13
89
.
ninark
nland
once
rmany
eece
aly
therlands
may
rtugal
ain
eden
37
95
11
itzerland
rkey
ited Kingdom
goslavia
her Uestern Europe.
S.S.R
her Eastern Europe.
844
21
14
4
12
Payable in
dollars
Deposits with banks abroad
in reporter's own name
Other short-term claims
payable in foreign currencies
21
33
11
13
1
5
11
9
50
14
15
150
163
38
160
57
16
12
83
36
42
10
780
20
14
1
1
3
1
47
6
1
41
1
23
1
4
11
161
tal Europe
da
n America :
'gentina
66
127
48
'azil
die
ilombia
40
1
iba
ixico
146
inama
20
34
6
73
105
362
sru
uguay
inezuela
Latin American Republics.
ihamas and Bermuda.
itherlands Antilles and Surinam,
iher Latin America
.her
.
Latin America.
)tal
63
113
43
37
M
140
17
27
4
67
89
2
7
351
10
44
1,057
l:
lina
)ng
1
Mainland.
Kong
26
36
24
21
397
52
43
43
16
idia
idonesia
srael
ipan
)rea
lilippines.
liwan
lailand
.
.
Lher Asia
stal Asia
22
1
2
26
8
2
23
18
301
1
1
51
36
42
15
75
1
3
2
21
»
4
1
201
1
7
85°
41
Lea:
Dngo
(
4
Kinshasa)
Drocco
Duth Africa
Qited Arab Republic (E©rpt).
ther Africa
3
39
o
67
2
31
5
otal Africa,
er countries :
85
24
ustralia
11 other
otal other countries....
al foreign countries.
.
.
ernational and regional
.nd
total
Less than $500,000.
.
4,882
,1'''4
326
Treasury Bull
112
MOVEMENTS
CAPITAL
Section IV
Claims on Foreigners Reported by Nonbanking Concerns
-
Table CM-lV-4.
-
United States
in the
Short-Term Liquid Claims Reported by Large Nonbanking Concerns by Type
Tn millions of del
f
^yable in foreitrn currencies
livable in dollars
total
Knd
ot"
Short- term
liquid
calendar
or montb
•
1
n
horU
To^al
tern
r.vest-Tient
f
-nr
20
1964
1965 2/.
1966....
42
f>
625
19
19
557
54a
114
57
227
219
45
45
90
86
805
58
699
48
168
40
69
77
77
6C1I
1967 2/.
(1:;::
901
035
66
66
702
786
133
133
177
178
50
51
1968....
i,..v
1,306
28
l.l'i.-'
87
332
49
1969 2/.
1,063
1,222
1,062
116
161
250
269
174
183
1970
1,U1
847
697
150
294
173
1971
1,507
219
1
1,244
1.006
1,022
1,026
1971-.Ian..
Feb..
861
849
148
1,150
1,098
1,109
983
972
938
126
144
173
165
178
160
183
353
293
334
320
338
453
361
233
177
190
175
202
292
240
1,476
1,661
1,57Q
1,604
1,622
1,597
1,138
1,286
1,187
1.221
1,233
1,244
942
1,078
983
1,010
1,024
1,026
197
208
204
211
210
219
340
375
393
333
389
353
238
246
285
277
246
233
106
143
120
1,703
1,297
1.046
252
406
242
163
,
.?"''
l!356
1.469
1,488
1.551
1,470
Mar..
Apr.
May..
June.
July.
Aug..
Sept.
Oct..
Nov..
Dec.
1972-Jan.
1
,
^oTe^
1/
l^ta represent tne TTquT^ assets abroad ol' ia rge nonbanKlng concorns in tlie United States. They are a portiori o r the total claims on
foreigners reported by nonbanking concerns in the United States and
are included in the figures shown in Tables CM-TV- 1 tlirough CM- IV- 3.
Negotiable and other readily transferable foreign obligations payable
on. demand or having a contractual maturity of not more than one year
Table CM-IV-5.
-
2/
Short-Term Liquid Claims Reported by Large Nonbanking Concerns by Country
(
1^68
iTom tne date on wm.cn the ODiigation was incurred by the foreigner.
Data on the two lines shown for this date differ because of changes
in reporting coverage.
Figures on the first line are comparable in
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
li,,'-.
Position a»
lo^O
1/
lt>71
-\ug.
Belgiu]iv-L'-aemboui'f% ...
France
Germany
Italy
Netherlands
Switzerland
United Kingdom
Canada
Bahamas and Bermuda .
.
Japan
All other countries 2/
Total
Note:
1/
~
Sept.
Oct.
Nov.
U
43
38
25
18
13
9
9
12
39
ii
29
30
52
15
4
58
15
31
15
3
43
48
22
24
24
4
6
3
2
4
979
610
6
663
372
6
560
8
24
639
24
519
280
468
534
436
564
480
489
531
517
564
52
36
66
144
249
289
269
253
249
69
62
62
53
76
82
84
85
81
76
34
4"
61
55
60
62
68
61
63
1.1,1
Data represent the liquid assets abroad of large nonbanking conThey are a portion of the total claims on
cerns in the United .States.
foreigners reported by nonbanking concerns in the United States and
are included in the figures shown in Tables CM-IV-1 through CM- IV- 3.
Data in the two columns shown for this date differ because of changes
In reporting coverage. Figures in the first column are comparable
4
31
32
22
4
24
540
1
2/
.
28
19
25
39
3
22
3
3
617
6
560
0O4
in coverage To those shown for the precedii.g date; figul'c^ In the
second column are comparable to those shown for the following date.
Includes the liquid claims of $500 thousand or more held by repprtij
1
concerns in any country not listed above,
April 1972
113
.CAPITAL
Section IV
-
MOVEMENTS.
Claims on Foreigners Reported by Nonbanking Concerns in the United States
- Short-Term
Liquid Claims Reported by Large Nonbanking Concerns,
by Type and Country, as of January 31, 1972
Table CM-IV-6.
'Position
ill
inillionG of dollai'-,
Treasury Bullei
114
.CAPITAL
Section IV
-
MOVEMENTS.
Claims on Foreigners Reported by Nonbanking Concerns
Table CM-IV-7.
-
Long-Term Claims by Country
in the
United States
pril
115
1972
^CAPITAL MOVEMENTS.
V Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Foreign Purchases and Sales of Long-Term Domestic Securities by Type
Section
Table CM-V-1.
-
-
States'
fin millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United
Treasury Bulleth
116
.CAPITAL MOVEMENTS.
V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Net Foreign Transactions in Marketable U.S. Government Bonds and Notes by Country
Section
Table CM-V-3.
-
(In millions of dollars; negative figures indicate net sales by foreigners or a
ml
117
1972
.CAPITAL MOVEMENTS.
V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Estimated Foreign Holdings of Marketable U.S. Government Bonds and Notes by Country
Section
Table CM-V-4.
-
I
f
Position at end of period In millions of dollars)
Calendar year
Country
1970
1969
Austria
Belgium- Liixembourg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Swi tzerland
Turkey
United Kingdom
—
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
Total Europe
nada
tin America
Argentina
Brazil
Chile
Colombi a
:
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
American Republics..
Bermuda
Antilles and Surinam
America
Total Latin America
iia :
China Mainland
Hong Kong
Indi a
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
(See note"!
1
16
Treasury Bulletin
118
.CAPITAL
V
MOVEMENTS.
Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-5.
Net Foreign Transactions in Long-Term Domestic Bonds,
Other than U.S. Government Bonds and Notes, by Country
Section
-
-
{In millions of dollars; negative figures indicate net sales by rc>reipners or a net outflow of capital from the United States)
April 1972
119
.CAPITAL
Section
V
-
Transactions
in
MOVEMENTS.
Long-Term
Reported by Banks and Brokers
Table CM-V-6. - Net Foreign Transactions
Securities by Foreigners
in
in
the United States
Domestic Stocks by Country
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
'iidar
year
1972
Country
ttirough
1Q6Q
Gept
Feb. p
Europe
A'js tr i a
Belgium- Luxembourg
Oct.
Dec.
:
19
226
-2
-10
3
39
-2
-11
-1
1
12
18
24
-1
-1
Denmark
Finland
Franc e
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Swi tzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
-7
150
216
58
86
49
195
131
33
-9
-1
1
-1
189
38
128
219
10
97
22
3
2
-1
1
32
2
-2
2
5
5
3
-A
-7
490
110
6
-3
168
-2
-33
-49
1
-2A5
1
1
153
38
37
11
-2
4
-2
-1
-2
-2
Total Europe
Canada
Latin America
Argent! na
Brazi
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
:
-1
-1
2
*
American Republics..
Bermuda
Antilles and Surinam
America
5
-1
9
-3
-6
2
-4
-1
-1
-1
-1
2
*
6
*
-4
-7
77
47
14
26
1
5
-1
-2
13
2
46
14
7
10
4
-1
48
26
-4
Total Latin America
^sia:
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
2
10
42
1
Total Asia
Ifrica
1
y
85
108
:
Congo ( Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)....
Other Af ri ca
Total Africa
)ther countries
:
Australia
All other
Total other countri es
-1
'otal foreign countries
1,451
international and regional
Internal ional
European regional
Asian regional
Total international and regional
60A
A06
152
422
155
:
rrand total
Preliminary.
Less than $500,000.
36
53
1
36
54
Jan.
p
Treasury Bulletin
120
.CAPITAL MOVEMENTS.
V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Section
Table CM-V-7.
-
Net Foreign Transactions
in
Long-Term Foreign Bonds by Country
(In millions of dollars; negative figures indicate net gales by foreigners or a net outflow of capital
p
*
Preliminary.
Less than $500,000.
froir.
the United States)
pril
121
1972
.CAPITAL MOVEMENTS.
V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-8. - Net Foreign Transactions in Foreign Stocks by Country
Section
(In
;iiillioit.
of dollarE; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
Coxintry
1969
1970
1971
1972
through
Fel.
Sept.
Dec.
Oct.
T.
ustria
-19
elgiuiQ- Luxembourg
enmark
inland
-2
-30
ranc e
-24
3
ennany
reece
taly
etherlands
orway
ortugal
pain
weden
-1
28
37
urkey
nited Kingdom
ugoslavia
ther Western Europe
.S.S.R
ther Eastern Europe
1
-Ibl
2?
13
-75
2
1
13
otal Europe
ada
12
:
1
rgentina
-A
razil
hile
olombia
uba
exico
anama
eru
ruguay
enezuela
ther Latin American Republics...
ahamas and Bermuda
[etherlands Antilles and Surinam.
ther Latin America
-2
-19
3
5
-13
-13
-6
otal Latin America
a:
hina Mainland
bng Kong
ndia
ndonesia
srael
apan
-3
-3
-301
-125
-1
-2
'hilippines
'aiwan
'hailand
'ther Asia
Asia
:
longo
(
Kinshasa)
lorocco
louth Africa
fnited Arab Republic (Egypt)
)ther Africa
'otal
ler
Africa
countries
:
-3
Australia
Ill
other
^otal other
;al
countries
foreign countries
<ernational and regional
33
:
International
Asian regional
Total international and regional
md total
Preliminary.
Less than $500,000.
-1
12
!orea
ica
16
122
-l^'S
'otal
14
-J
witzerlajid
in America
13
18
Treasury Bulleth
122
.CAPITAL MOVEMENTS,
V
Transartions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-9. - Foreign Purchases and Sales of Long-Term Securities,
by Type and Country, During February 1972 Preliminary
Section
-
123
April 1972
.CAPITAL MOVEMENTS.
Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-10. - Foreign Purchases and Sales of Long-Term Securities,
by Type and Country, During Calendar Year 1971
Section
V
-
Treasury Bulleth
124
.CAPITAL
Section VI
-
Table CM-VI-1.
MOVEMENTS.
Foreign Credit and Debit Balances in Brokerage Accounts
-
Foreign Credit Balances (Due to Foreigners) by Country
(Position at end of period In millions of dollars)
[pril
125
1972
.CAPITAL
Section VI
-
Table CM-VI-2.
MOVEMENTS-
Foreign Credit and Debit Balances in Brokerage Accounts
-
Foreign Debit Balances (Due from Foreigners) by Country
(Position at end of period in millions of dollars)
Calendar year
Country
1966
ope
ustria
elgium-Luxemboiirg
enmark
inland
ranc e
ermany
reece
taly
1967
:
2
ly'
1
K
10
13
1
9
etherlands
brway
ortugal
pain
weden
witzerland
urkey
nited Kingdom
ugoslavia
ther Western Europe 1/
.S.S.R
ther Eastern Europe
'otal
5
3
20
*
2
74
*
12
23
•
1
Europe
lada
,in
America
:
iTgentina
Irazil
hile
Colombia
uba
lexico
'anama
6
'eru
*
Iniguay
'enezuela
1
5
3
Ither Latin American Republics..
1
tahamas and Bermuda
15
(etherlands Antilles and Surinam
)ther
Latin America
'otal
Latin America
'hlna Mainland
long Kong
19
Jidia
Indonesia
Israel
apan
iorea
'hilippines
'aiwan
'hailand
)ther Asia
!otal
Asia
20
40
'ica :
!ongo ( Kinshasa)
lorocco
Jouth Africa
Inited Arab Republic
(Egypt)....
)ther Africa
?o"tal
ler
Africa
countries
1
:
Australia
U.1
other
fetal other countries
tal
foreign countries
Lernational and regional
ind
total
128
126
FOREIGN CURRENCIES ACQUIRED BY THE
U. S.
Foreip;n currenci es reported herein in U.r.. dollar equiv-
Treasury Bulletin
GOVERNMENT WITHOUT PAYMENT OF DOLLARS
lations provided for the transfer of department and
agency
alents were acquired without direct payment of dollars, for
foreign currency balances as of November 30, 1953, into Treas-
the most part in connection with foreign assistance and agri-
ury custody, and the flow of future collections throvigh.Treas-
cultural
trade development programs authorized
by various
and established requirements with respect to
ury accounts;
These currencies are generally referred
withdrawals from Treasury accounts; limitations on purchases
to as "nonpurchased" foreign currencies to distinguish them
and amounts of holdings; the use of foreign depositaries; and
provisions of law.
with dollars from banks or other
from currencies purchased
commercial sources.
The currencies are held in the custody
until such time
of The Department of the Treasury
as they
are either sold for dollars to novernment agencies or trans-
ferred to Government agencies for expenditure without charge
to appropriations, as specifically authorized by law.
Prior to
July
1,
1953,
for the currencies.
Treasury
Circular No. 930
as revised October 20, 1961, added certain requirements gov-
erning foreign ciorrency reporting and accoimting.
Figures are stated in dollar equivalents, computed for
reporting purposes, to provide a common denominator for the
currencies of the many foreign countries involved.
foreign currencies acquired by
Government agencies without direct payment of dollars geneiv
It should
not be assumed that dollars, in amounts equal to the balances,
are actually available for the general use of the
U.f..
Gov-
defray
ernment, since most of the currencies are inconvertible and
operating expenses and were not subject to the regular appro-
restricted as to uses by the terms of agreements between the
priation processes.
United States and the foreign governments.
ally
were available to
the collecting agencies to
accounting
The actofJuly 15, 1952, Sec.
vided that after June 30, 1953,
U15 (66Stat.
IJ.P.
662),
pro-
ardencies could no longer
Government
expend foreign currencies belonging to the U.S.
The tables
exclude the counterpart funds owned by and
held in accounts of the foreign governments.
funds is subject to approval of the United States, and trans-
except as provided annually in appropriation acts. Subsequent
actions
legislation required executive departments and agencies, with
International Development.
certain exceptions, to reimburse the Treasury in dollars for
purchases of
the foreign currencies used.
Executive Orders No. 10i433 dated
September 23, 1953, and No. 10900 dated January
5,
1961, as
amended, provided for the issuance of regulations by the Sec-
retary of the Treasury governing the purchase, custody,
de-
posit, transfer, and sale of foreign exchange by all Execu-
tive Departments and agencies of the U.S. Government.
Accordingly, Treasury
October 19, 1953, effective
Circular No. 930 was
December
1,
1953.
issued on
These regu-
The use of such
therein are included in
reports of the Agency for
The tables also exclxide the
1I..3.
foreign currencies which are under dollar ac-
countability and reported as dollar transactions.
Detailed data,
by account,
agency, program,
foreign
country, units of currency, and related dollar equivalents,
were published annually in the Combined Statement of Receipts,
Expenditures
and Balances, from fiscal
1958 through 1969.
Beginning with fiscal 1970, only summary data by country and
account are shown.
1972
_FOREIGN CURRENCIES ACQUIRED BY THE
^27
{pril
Table FC-1.
-
U. S.
Summary
GOVERNMENT WITHOUT PAYMENT OF
of Foreign Currency Transactions
nOT.T.AR.C!
128
Treasury
FOREIGN CURRENCIES ACQUIRED BY THE
Table FC-3.
-
U. S.
Bulleti,
GOVERNMENT WITHOUT PAYMENT OF DOLLARS
Foreign Currency Transactions, U. S. Uses
I
ipril
129
1972
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS.
The financial statements of corporations and other busiless-type activities of the United States Government, which
lave appeared in the "Treasury Bulletin" since the August 1956
Issue,
are compiled from reports submitted to the Treasury
inder Department Circular No. 966, issued January 30,
Supplement No.
1,
Revised, issued June 16, 1965.
1956, and
These regu-
lations were issued pursuant to the Budget and Accounting
•rocedures Act of 1950.
tegulation
3,
issued under Executive Order No. 8512 of
and account in Section III, Table GA-III-2.
Statements of
income and expense and source and application of funds are
published semiannually, for June 30 and December 31 reporting
dates, and appear as Section I, Tables GA-I-2 and GA-I-3.
The
first of these statements under Circular 966 covered the fiscal
year 1956, and were published in the January 1957 Bulletin.
All funds shown in the statements are noted to indicate whether
they are public enterprise revolving funds, intragovernmental
1942, under which financial statements previously
revolving funds, trust or trust revolving funds, or general and
special funds.
niblished in the Bulletin were submitted.
Supplement No.
Department Circular No. 966 requires submission of finan;ial statements by all wholly owned and mixed-ownership Govern-
corporations specifically included in the Government
lent
Loans shown on
the statements of financial condition are classified by type
1940, as amended by Executive Order No. 9084 of
iugust 13,
larch 3,
No.
They superseded Budget-Treasury
were presented in the August 1956 Bulletin.
1,
when originally issued in 1956, extended
the coverage to include all executive agencies
sind
activities
not previously reporting under Circular 966, but required only
Jorporation Control Act, as amended (31 U.S.C. 846, 856); and
a statement of financial condition annually as of June 30.
dl other activities of the Government operating as revolving
These were activities which were not principally of a business-
!\inds.
ices,
)f
a
Other activities and agencies whose operations, serv-
type nature.
Those which had not yet developed formal ac-
or functions are largely self-liquidating or primarily
counting procedures to provide complete balance-sheet type
revenue-producing nature, and activities and agencies
statements were temporarily authorized to report only assets.
operations result in the accumulation of substantial
Thus, the supplement rounded out provisions for information on
.nventories, investments, and other recoverable assets, were
properties and other assets, as well as liabilities, of the
irought under the regulations as the agency accounting systems
United States Government all of which is needed by Treasury for
(hose
developed to where they were capable of furnishing the
/ere
•equired financial reports.
Four kinds of financial statements are called for by
)epartment Circular No. 966.
They are statements of financial
;ondition, income and expense, source and application of funds,
ind
certain financial contingencies.
The statements of finan-
dal condition are published quarterly and appear as Section
'able
GA-I-1.
the compilation of complete Government-wide financial reports.
The first comprehensive reporting under the original Supplement
No.
1
was for June 30, 1957, and the data were published in the
December 1957 Bulletin as Part B of Table 4 in Section
I.
Statements submitted under this supplement are now published
annually in Section II, Table GA-II-1.
The revision to Supple-
ment No. 1 in 1965 made no basic change to the overall purpose
I,
The first statements of financial condition
lublished under Circular 966 were as of March 31, 1956, and
of the originally issued supplement; it updated and consolidated all amendments to both the regulation and instructions.
Treasury Bullei
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
130
Section
I
-
Government Corporations and Other Business-Type
Table GA-I-1.
-
Statements of Financial Condition,
(
Total
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U.S. Treasury 2/..
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Securities of Government- sponsored
enterprises
Other securiti es
Unamortized premium, or discount (-)...
Advances to contractors and agents;
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other ( net)
Inventories
Allcwance for losses ( - )
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other:
U.S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral;
Real estate
Other
Allowance for losses (-)
Land, structures, and equipment
Acciimulated depreciation ( Foreign currencies
Other assets ( net)
Total assets
216,4'^
23,130,341
13,332,730
750,719
160
3,875,010
213,760
445,708
1,439,926
769,916
17,863,790
-122,180
182,127
749,682
938,997
71,902
45,764,034
5,618,349
-562,211
1,115,822
764,859
-542,342
20,260,774
-5,533,430
121,317
8,399,311
139,193,405 2/
LIABILITIES
Accounts payable:
.Government agencies
Other
Accrued liabilities;
Government agencies
Other
Advances from:
Govei:nment agencies
Other
t
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Principal payments for redemption of
participation certificates (-)
Other
Other liabilities (including reserves)...
-831,806 i/
2,009,560
10,157,741
Total liabilities
?5, 183,996
1,093,154
3,038,536
798, 516
953,906
384, 566
28,234
1,214,672
357,248
64,669
5,915,000
NET INVESTMENT
United States interest:
Interest-bearing investment;
Capital stock
Borrowings from the U.S. Treasury....
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net);
Other
Accumxllated net income, or deficit (-).
Deposits of general and special fund
revenues ( Total United States interest
Trust and private interest;
Principal of fund
Accumulated net income, or deficit (-).
Total trust and private interest
Total liabilities and investment
Footnotes at end of Section.
100,000
26,471,686
2,738,106
130,000
67,726,455
6,644,848
32,098,088
-20,520,220
-6,383,125
31,
1971
In thoxisands of dollars)
Fmids appropriated to the Pi-esident
Legislative
Branch
Account
Activities
December
uovernment
Printing
Office (IR)
ijlTiee of
Appalachian
housing
fund (PE)
Economic
Opportuni ty
Economic
opportuni ty
loan fund
(PE) 1/
Liquidation
of foreign
military
sales fund
Military
assistance
credits in
liquidation
fPE)
(CAS)
Agency for
Interna ti or
Developmenl
Acquisitic
of propel
revolving
fund ( IR)
iril
1972
131
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS.
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition,
(
December
Activities
31, 1971
-
(Continued)
In thousands of dollars)
Funds appropriated to the President - (Continued)
Agency for International Development
Alliance for
Progress,
development
loans (PE)
Common defense,
economic, and
triangular
trade loans
Development
loans (PE)
Development
loan fund
liquidation
account (PE)
-
(Continued)
Foreign
currency
loans
Private
enterprises
(G&S) 7/
ASSETS
on hand, and in transit...,
balances with the U.S. Treasury 2/..,
tments
ilic debt securities (par value)
iirities of Government enterprises...,
urities of Government- sponsored
iterprises
in banks,
1,050,016
,
,
ler
securities
,
jnortized premium, or discount (-).,.,
to contractors and agents:
ernment agencies
ices
63
7,759
ler
nts and notes receivable:
ernment agenci es
ler ( net)
,
itories
owance for losses ( interest receivable:
public debt securities
securities of Government enterprises,
,
led
,
8,787
ler
receivable:
ernment agencies
U.S. dollar loans
ler:
Foreign currency loans
Ilowance for losses (-)
red security or collateral:
1 estate
,
,
3,491,888
,
,
,
Ler
Ilowance for losses ( - )
structures and equipment
uniulated depreciation (-)
gn currencies
assets ( net)
,
assets
,
,
,
,
,
,
,
3,
553,
Ml
LIABILITIES
nts payable:
ernment agencies
ler
,
,
liabilities:
ernment agencies
led
,
ler
22,016
from:
.ces
ernment agencies
ler
,
,
and deposit liabilities:
ernment agenc i es
.
ler
,
,
debentures, and notes payable:
ernment agencies
ticipation certificates
•rincipal payments for redemption of
participation certificates (-)
,
Ler
,
,
,
,
liabilities (including reserves)...,
'
liabilities
.
74
,
NET INVESTMENT
States interest:
.eres-Ubearing investment:
apital stock
lorrowings from the U.S. Treasury
td
ither
linterest-bearing investment:
apital stock
.ppropriations
apitalization of assets (net)
,
,
,
,
,
umulated net income, or deficit (-).,
special fund
losits of general and
ivenues ( - )
;al
United States interest
,
,
and private interest:
ncipal ,of fund
umulated net income, or deficit (-).,
.
,
•sX
.
trust and private interest
liabilities and investment
notes at end of Section.
3,416,925
,
Ither
,
,
69,232
50,434
Housing
investment
guaranty
fund (PE)
Loans of
predecessor
agencies in
liquidation
(G&S)
Treasury Bullet
132
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS.
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
f
In thousands of dollars)
Activities
31, 1971
-
(Continued)
bril
1972
133
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1,
-
Statements of Financial Condition, December
(
Funds appropri
ated to the
President (Continued)
Overseas
Private
Investment
Corporation
fPE) 11/
Account
Activities
31, 1971
-
(Continued)
In thoiisands of dollars)
Agriculture Department
Agricultural
Research
Service
Working
capital
fund flR)
Conunodity
Credit
Corporation
Consumer and
Marketing
Service
Milk market
orders
assessment
fund (TR)
(PE)
Farmers Home Administration
Agricultural
credit
insurance
fund (FE)
ASSETS
on hand, and in transit...
balances with the U.S. Treasury 2/..
tments
(lie debt securities (par value)
;urities of Government enterprises...
urities of Government- sponsored
iterprises
in banks,
ler
AA8
153,116
446
4,554
36,711
78,250
12,623
111,826
1,118
59,216
160
securities
jnortized premium, or discount (-)...
;ces to contractors and agents;
-3,645
-47
ernment agencies
,er
16
nts and notes receivable:
emment agencies
116
258
net)
tories
,er
(
685
2
209
(wance for losses (-)
ed interest receivable;
public debt sectirities
securities of Government enterprises
13,085
297,179
1,118,218
-100,733
532
829
314
1,476
32,994
er
274
receivable:
emment agenci es
er:
U.S. dollar loans
37,931
3,000
6,338,794
Foreign currency loans
llowance for losses ( red security or collateral:
1 estate
617
-8,929
299,732
-9,746
2,345
3,539
er
llowance for losses - )
structures, and equipment
umulated depreciation ( - )
gn currencies
assets ( net)
(
216
-77
764
-455
92,636
-83,237
312,503
assets
1,304
,112,Qai
14,784
44,754
421
1,780
LIABILITIES
nts payable:
31
181
86
366
135,422
283
4
246
84,999
67,122
ernment agencies
er
ed liabilities:
emment agencies
er
ces from;
1,125
52,953
emment agencies
264
er
,
and deposit liabilities;
emment agenci es
943,693
24,779
er
and notes payable:
emment agencies
ticipation certificates
rincipal payments for redemption of
participation certificates (-)
debentxires,
,
er
liabilities (including reserves)....
13,515
liabilities
14,00?
426
6,''
2,460,558
1,330
182,164
3,716,939
1,751
238,022 6/
NET INVESTMENT
States interest:
erest-bearing investment:
apital stock
srrowings from the U.S. Treasury
3
100,000
7,208,224
351,906
ther
interest-bearing investment:
apital stock
ppropriations
apitalization of assets (net)
40,000
114,035
300
401
ther
emulated net income, or deficit (-)..
3sits of general and special fund
venues (-)
al
United States interest
38,192
68,860
38
4,057,953
-6,970,125
222,895
739
4,306,051
and private interest:
acipal of fund
Jmulated net income, or deficit (-)..
al
lotes at end of Section.
-183,366
206
13,033
trust and private interest
liabilities and investment
W
13,033
236,988
8,112,991
14,784
Direct
loan
account
(PE)
Emergency
credit
revolving
fund (PE)
Treasury Bullet
134
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS.
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
(
In thousands of dollars
)
Activities
31, 1971-
(Continued)
frr/7
1972
135
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
31,
Activities
1971
-
(Continued)
(In thousands of dollars)
Commerce Department
Agric-ulture Department
( Continued)
Rural
Electrification
Administration
(Continued)
Rural
Telephone
Bank (PE)
Economic
Development
Administration
Working
capital
fund
(
IR)
Economic
development
revolving
aritime Administration
Maritime
Administration
(G&S)
fund fPE)
ASSETS
on hand, and in transit..,
balances with the U.S. Treasury 2/.,
in banks,
30,086
-89
85,885
759,185
straents;
blic debt securities (par value)
curities of Government enterprises..,
curities of Government-sponsored
nterprises
her securities
amortized premium, or discount (-)..,
nces to contractors and agents:
(/eminent agenc i es
,
,
,
her
unts and notes receivable:
i^ernment agencies
her ( net)
ntor i es
,
,
1
62
U
25
1,298
19
472
438
3,902
663
lowance for losses ( - )
lied interest receivable:
public debt securities
securities of Government enterprise;
,
her
,
receivable:
i^ernment agencies
U.S. dollar loans
her:
Foreign currency loans
Mlowance for losses (-)
ired security or collateral:
al estate
12,795
553
415,801
40,710
5
-27,689
1,861
1,179
her
Mlowance for losses
(
-
)
structures, and equipment
cumulated depreciation ( ign currencies
p assets (net)
1
assets
2,332,085 17/
-2,221,813 18/
2,232
-1,328
,
1,096,136
51
30,094
4-^"S832
:i
,011,528
LIABILITIES
Lints
payable:
trernment agencies
her
aed liabilities:
322
189
12
482
3,891
tremment agencies
121
460
8,083
178,796
her
nces from:
-238
vernment agencies
792
her
and deposit liabilities:
vernment agenci es
t
975
her
debentures, and notes payable:
iremment agencies
rticipation certificates
Principal payments for redemption of
participation certificates (-)
3,
her
r
liabilities (including reserves)...
L
liabilities
542
547
67,768
1,396
3,642
252,705
400
608
496,423
6,460,796
2, 701, 780
686
-15,233
-6,134,426
NET It^VESTMENT
States interest:
terest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury
=d
Other
"linterest-bearing investment:
'apital stock
Vppropriations
Capitalization of assets (net)
30,000
Dther
-U,587
cumulated net income, or deficit (-).
)osits of general and special fund
l^venues (-)
i^al
United States interest
1,6^*4
and private interest:
ncipal of fund
'umulated net income, or deficit (-).
\'.
91 22./
P
trust and private interest
I.al
liabilities and investment
'notes at end of Section.
30 0'^i
,
^^O'^iO
431
Federal ship
mortgage
insurance
revolving
fund (PE)
Vessel
operations
revolving
fund (PE)
War- risk
insurance
revolving
fund (PE)
Treasury
136
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS.
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
(
In thousands of dollars)
Activities
31, 1971
-
(Continued)
Bulleti
>r/7
137
1972
FINANCIAL OPERATIONS OF
Section
Table GA-I-1.
I -
GOVERNMENT AGENCIES AND FUNDS
Government Corporations and Other Business-Type
Statements of Financial Condition, December
(
In thousands of dollars)
Activities
31, 1971
-
(Continued)
I
Treasury
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
138
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
(
Bullei
Activities
31, 1971
(Continued)
-
I
In thousands of dollars)
lefense Department - (Continued)
l.'iilitary -
(Continued)
Navy Eepartment
Am^- Lept.
Continued
'
Surcharge
collections
sales of
commissary
stores (TR)
Marine Corps
Defense
production
guarantees
J
industrial
ftmd
I
(FEl
IB) 20/
Naval
Laundr;^'
service.
Naval,
Acaden^'
'FE)
Industrial
fund
(IR) 20/
Stock
4,793
45,777
fuiid
working
fund
;iR)
2V
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U.S. Treasury 2/.
Investments;
Public debt securities (par value)
Securities of Government enterprises...
Securities of Government-sponsored
enterprises
Other securities
Unamortized premium, or discoxmt (-)...
Advances to contractors and agents:
Government agencies
Other
Accoxmts and notes receivable:
Government agencies
Other ( net)
Inventories
Allowance for losses - )
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable;
Government agencies
Other:
U.S. dollar loans
Foreign cxirrency loans
Allowance for losses {-)
Acquired security or collateral:
Real estate
Other
Allowance for losses { - )
Land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies
Other assets ( net)
21,670
5,765
254,572
89
10,977
1,662
159,668
2,594
348,162
31
100
556
1,402
5,364
2,286
236,979
(
Total assets
3,067
18,269
733,266
2i,i.:-o
240
313,73 c.
10,977
12,327
16,371
558
873
LIABILITIES
Accounts payable:
.Government agencies
Other
Accrued liabilities;
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities;
Government agencies
Other
Bonds, debentures, and notes payable;
Government agencies
Participation certificates
Principal payments for redemption of
participation certificates (-)
Other
Other liabilities (including reserves)...
1,720
47,145
60,329
219,213
30
14
397
5,240
Total liabilities
143,626
5,644
475,553
34,342
1,-31
NET INVESTMENT
United States interest:
Interes-Ubearing investment:
Capital stock
Borrowings from the U.S. Treasury....
Other
Noninterest-bearing investment;
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
279,394 22/
3,832
Total United States interest
Trust and private interest;
Principal of fund
Accumulated net income, or deficit (-).
Total trust and private interest
Total liabilities and investment
Footnotes at end of Section.
4,600
-915
343,769
-57,454
21,398
307,713
173
9,f46
-195
279,394
,^46
31/, "3v
-77
2,695
18,975
21,670
21,670
(Continued on following page)
ml
1972
139
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
Activities
31, 1971
-
(Continued)
(In thousands of dollars)
Defense Department - (Continued}
Military
Navy Department
-
Family
housing
U.S. Naval
Academy
-
(Continued)
(Continued)
Stock
fund (IR)
Homeowners
assistance
Midshipmen'
stores fTR)
fund (PE)
Jelense agencies
Defense
industrial
fund (IR)
20/ 2V
ASSETS
on hand, and in transit,..
balances with the U.S. Treasury 2/..
stments
alic debt securities (par value)
lurities of Government enterprises...
lurities of Government-sponsored
iterprises
in banks,
ler
201
12,838
'i2,6A2
47,697
securities
imortized premium, or discount (-)....
ices to contractors and agents:
;emment agencies
19,224
ler
nts and notes receivable:
/ernment agencies
ler ( net)
itories
Lowance for losses (-)
9A
128
858
,
-18
,
47,128
8,874
1,744,764
-8,795
4,165
2,478
1,876
21,
interest receivable:
public debt securities
securities of Government enterprises,
led
,
ler
receivable:
.remment agencies
ler:
U.S. dollar loans
3
Foreign currency loans
Allowance for losses (-)
Lred security or collateral;
il estate
,
,
,
,
,
ler
Ulowance for losses (-)
structures, and equipment
;umulated depreciation (-)
,
Lgn currenci es
r
assets (net)
L
assets
,
,
,
1,195
-511
,
,
20
129,288
6,219
21,549
5
72,050
78,854
47
801
38,331
,
LIABILITIES
mts payable:
rernment agencies
,
ler
,
led
150
liabilities:
/eminent agencies
,
ler
,
472
ices from:
/ernment agencies
,
ler
,
and deposit liabilities:
/eminent agencies
,
ler
,
b
debentures, and notes payable;
/emraent agencies
rticipation certificates
Principal payments for redemption of
participation certificates (-)
3,
,
,
ler
3,550
r
liabilities (including reserves),..,
L
liabilities
398
47
,
40,003
159,0^1
NET INVESTMENT
States interest:
terest^bearing investment:
^lapital stock
Borrowings from the U.S. Treasury...,,
2d
,
3ther
linterestr-bearing investment:
i^apital
stock
,
^pprop.'iations
,
Capitalization of assets (net)
,
33,806
1,310
Dther
1,824,085 22/
net Income, or deficit (-).,
posits of general and special fund
::uraulated
svenues (-)
tal United States interest
-18,354
1,324,085
,
and private interest:
incipal of fund
cumulated net income, or deficit (-).,
,
1
liabilities and investment
-notes at end of Section.
4,881
,
t
tal trust and private interest
31 , 571
,
,
1
,
7r,4
15,452
37
Defense
production
guarantees
Defense
stock
fund
(PE)
(IR)
2^
Army
Department
Corps of
Engineers
(IR)
Treasury Bullet
140
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS.
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
(
-
(Continued)
-
Panama CanaJ_
(G&S)
ASSETS
Cash in banks, on hand, and in transit...,
Fund balances with the U.S. Treasury 2/ ..
Investments:
Public debt securities (par value)
Securities of Government enterprises...,
Securities of Government- sponsored
enterprises
Other securities
Unamortized premium, or discount (-)...
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agenc i es
Other (net)
Inventories
Allowance for losses ( - )
Accrued interest receivable:
On public debt securities
On securities of Government enterprises.
Other
Loans receivable:
Government agencies
Other:
U.S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral:
Real estate
Other
Allowance for losses (-)
Land, structures, and eqmpment
Accumulated depreciation (-)
Foreign currencies
Other assets ( net)
,
204
1,000
,
,
Total assets
5,889
3,408
486
29
,
LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Principal payments for redemption of
participation certificates (-)
Other
Other liabilities (including reserves)...
1,382
,
P,321
Total liabilities
^JET
INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury
Other
Noninterest^bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues ( Total United States interest
Trust and private interest:
Principal of fund
Accumulated net income, or deficit (-).
Total trust and private interest
Total liabilities and investment
Footnotes at end of Section.
32,230
57,604
89
Food and Drug
(Continued)
United States
Soldiers Home
revolving
'
Panama Canal
Company (PE)
Office of Education
AdjTiinistrat ion
(Continued)
Account
Canal Zone
Government
-
Health, Education, and Welfare Department
(Continued)
Army Department
1971
In thousands of dollars)
Defense Department
Civil
31,
Activities
fund (TR)
Revolving
fund for
certification
and other
services ( PK)
Higher
education
facilities
loans
fund (PE)
Student
loan
insurance
fund
(PE)
\pril
1972
141
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
Activities
1971
31,
-
(Continued)
(In thoxisands of dollars)
Health, Education, and Welfare Department
Health Services and Mental
Health Administration (Continued)
\
Operation of
commissaries,
narcotic
hospitals (PE)
ASSETS
1
i
on hand, and in transit
balances with the U.S. Treasury 2/
in banks,
..
35
;stments
iblic debt securities
par value)
'curities of Government enterprises...
3curities of Government-sponsored
mterprises
ther securities
lamortized premium, or discount (-)...
mces to contractors and agents:
jvernment agenc i es
(
ther
junts and notes receivable:
)vemment agenci es
iher
(
net )
mtor i es
Llcwance for losses
(
-
)
interest receivable:
public debt secxirities
securities of Government enterprises
nied
1
I
:her
IS
receivable:
wernment agencies
;her:
U.S. dollar loans
Foreign currency loans
Allowance for losses (-)
lired security or collateral:
:al estate
iher
Allowance for losses ( structures, and equipment
icuMilated depreciation ( :ign currencies
tr assets ( net)
I,
II
28
assets
LIABILITIES
»m%s payable:
ivernment agencies
lier
ued liabilities:
vemment agencies
,
lier
,
jices from:
tvernment agencies
,
her
t and deposit liabilities:
vemment agencies
her
,
,
debentures, and notes payable:
vemment agencies
rticipation certificates
Principal payments for redemption of
participation certificates (-)
her
r liabilities ( incloiding reserves)....
s,
,
1 liabilities
NET INVESTMENT
ed States interest:
terest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury
Other
ninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
cumulated net income, or deficit (-)..
posits of general and special fund
evenues ( - )
tal United States interest
t and private interest:
incipal of fxmd
cumxolated net income, or deficit (-)..
tal trust and private interest
1 liabilities and investment
tnotes at end of Section.
Service and
supply fund
fIR)
-
(Continued)
National Institutes of Health
Health
professions
education
fund (PE)
Nurse
training
fund
(PE)
^ervice
and
supply
fund (IR)
HUD
Departmental
management
Housing
production and
mortgage credit
Working
capital
fund (IR)
Federal Housing
Administration
Revolving
fund (PE)
Treasury
142
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS.
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
Activities
31, 1971
-
(Continued)
In thousands of dollars)
(
Housing and Urban Development Department
- {Continuedj
Housing production and mortgage credit - (Continued)
Federal Housing Adirdnistration
Housing for
the elderly or
handicapped fPE)
Cash in banks, on hand, and in transit...,
Fund balances with the U.S. Treasury 2/ ,.,
Investments:
Public debt securities (par value)
Securities of Government enterprises
Securities of Government-sponsored
enterprises
Other securities
Unamortized premium, or discount (-).,.,
Advances to contractors and agents:
Government agencies
Other
t.
Accounts and notes receivable:
Government agencies
Other ( net)
Inventories
Allowance for losses ( Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other:
U.S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral:
Real estate
Other
Allowance for losses (-)
Land, structures, and equipment
Accumulated depreciation ( Foreign currencies
Other assets (net)
109
60,926
,
,
,
5,268 12/
2,A25 12/
1,373
11,491
5
25,948
3,303
523,238
U/
3,255,662
-4,070
-5,2AA
1,013
2,180
-12
-1,293
Total assets
;,35b,ll?
LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Principal payments for redemption of
participation certificates (-)
Other
Other liabilities (including reserves)...
5
17
47,620
1,135
26
97,323
898,881
-1,055
-58,651
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury
Other
NoninteresVbearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
2,450,000
.
Total United States interest.
Trust and private interest:
F*rincipal of fund
Accumulated net income, or deficit (-).
Total trust and private interest
Total liabilities and investment
Footnotes at end of Section.
465,000
270
A4,A45
17,973
509,445
2
U/
"/overnment National Mortgage Association
(Contimied)
Low and
moderate
income
sponsor
fund (PE)
College
housing
loans (PE)
81 , 387
-
Guarantees of
mortgage -backed
securities
Management and
liquidating
functions
Participation
sales
fund
fund (PE)
(PE)
(PE)
pril
1972
143
FINANCIAL OPERATIONS OF
I
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
31,
Activities
1971
-
(Continued)
(In thousands of dollars)
Housing and Urban Development Department - [Continued)
Housing management
I
Community
disposal
operations
fund (PE)
ASSETS
in banks, on hand, and in transit..
balances with the U.S. Treasxiry 2/.
3A
1,924
stments:
blic debt securities (par value)
curities of Government enterprises,.
Gurities of Government-sponsored
129
388
nterprises
her securiti es
amortized premium, or discount (-)..
nces to contractors and agents:
vemment agencies
her
ants and notes receivable:
vernment agencies
tier ( net)
ntories
lowance for losses (-)
aed interest receivable:
public debt securities
securities of Government enterprise
tier
receivable:
(/emment agencies
Qer:
U.S. dollar loans
3
8,695
Foreign currency loans
U-lowance for losses (-)
Lred security or collateral:
il estate
-75
282
ler
ULlowance for losses ( - )
structures, and equipment
-125
,
:\imulated depreciation (-)
Lgn currencies
r*
assets
L
assets
(
net)
11
LIABILITIES
mts payable:
rernment agencies
ler
liabilities:
led
rernment agencies
ler
from:
rernment agencies
ices
ler
and deposit liabilities:
rernment agenci es
:
ler
debentures, and notes payable:
rernment agencies
'ticipation certificates
'rincipal payments for redemption of
participation certificates (-)
i,
ler
'
liabilities (including reserves),.
,
liabilities
NET INVESTMENT
States interest:
;erest-bearing investment:
iapital stock
Jorrowings from the U.S. Treasury...
id
)ther
linterest-bearing investment:
iapital stock
ippropriations
iapitalization of assets (net)
)ther
cumulated net income, or deficit (-).
josits of general and special fund
ivenues ( ;al
United States interest
and private interest:
ncipal of f iind
cumulated net income, or deficit (-),
;
,
;al
.
GOVERNMENT AGENCIES AND FUNDS
trust and private interest
liabilities and investment
notes at end of Section.
,
,
Federal
Housing
Administration
Rental housing
assistance
fund (PE)
Low -rent
public
housing
(PE)
Commxjnity
Revolving
fund,
liquidating
programs (PE)
development
planning and
management
New communities
guarantee
fund
fPE)
Community development
Public
facility
loans (PE)
Rehabilitation
loan
fund (PE)
Treasury Bullet
144
FINANCIAL OPERATIONS OF
Section
I
Table GA-I-1.
-
-
GOVERNMENT AGENCIES AND FUNDS,
Government Corporations and Other Business-Type
Statements of Financial
Condition, December
Activities
31, 1971
(Continued)
-
(In thoxisands of dollars)
Housing and Urban Development Department
Urban
renewal
programs
(
PE)
National
flood
insurance
fund (PE)
-
(Continued)
Departmental
management
Federal Insurance
Administration
Community
development
(Continued)
National
insurance
development
fund (PE)
Working
capital
interior L'epartment
Alaska
Power
Administration
(G&S)
fund
(IR)
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U.S. Treasury 2/..
Investments
Public debt securities (par value)
Securities of Government enterprises...
Securities of Government-sponsored
enterprises
Other securities
Unamortized premium, or discount (-)...
Advances to contractors and agents;
Government agenci es
Other
Accounts and notes receivable;
Government agencies
Other ( net)
Inventori es
Allcwance for losses ( - )
Accrued interest receivable;
On public debt secxirities
On securities of Government enterprises
Other
Loans receivable;
Government agencies
Other;
U.S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acqxiired security or collateral;
Real estate
Other
Allcwance for losses {-)
Land, structures, and equipment
Accuniulated depreciation {-)
Foreign currencies
Other assets ( net)
Total assets
83
5
224
12,739
3,139
575
62, 512
865
861
1,926
243
116
185
1,273
19,863
342,167
3,528
-506
33,788
-1,520
170
7,498
3,753,^41
40,534
LIABILITIES
Accounts payable;
.Government agencies
Other
Accrued liabilities;
Government agencies
Other
Advances from;
Government agencies
Other
Trust and deposit liabilities;
Government agenci es
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Principal payments for redemption of
participation certificates (-)
Other
Other liabilities (including reserves)...
Total liabilities
1
10,619
2,353
42
33
380
399
17
645
1,780
338
340
485
512
10,'^57 6/
NET INVESTMENT
United States interest;
Interest- bearing investment:
Capital stock
Borrowings from the U.S. Treasury....
Other
Noninterest-bearlng investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues ( Total United States interest
800,000
1,060
8,511,U0
6,248
-308
-5.563.156
-3.222
75.336
Total trust and private interest
Footnotes at end of Section.
45,593
-124
12,220 2£/
6,755
-24,. "2
3,747,934
Trust and private interest:
Principal of fund
Accumulated net income, or deficit (-).
Total liabilities and investment
29
",75?, ^41
7,5S8
Bonneville
Power
Administration
ipril
1972
145
FINANCIAL OPERATIONS OF
I
GOVERNMENT AGENCIES AND FUNDS
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
31, 1971
-
(Continued)
In thousands of dollars)
(
Interior Department - (Continued)
I
Bureau of
Indian Affairs
(Continued)
Bijreau of
Liquidation of
Hoonah housing
project (PE)
Helium
Wines
fund (PE)
ASSETS
sh in banks, on hand, and in transit
nd balances with the U.S. Treasiiry 2/.
99
2,4';6
ves tments
Public debt securities (par value)
Securities of Government enterprises
Securities of Government- sponsored
enterprises
Other securiti es
Unamortized premium, or discount (-)...
vances to contractors and agents:
jovemment agencies
Other
counts and notes receivable:
jovernment agencies
Other ( net)
(Tenter i es
ftllcwance for losses ( - )
crued interest receivable:
On public debt securities
On seciirities of Government enterprises
Other
ans receivable:
jOvernment agencies
Other:
U.S. dollar loans
Foreign currency loans
Allowance for losses (-)
quired security or collateral:
.
Real estate
Other
Allowance for losses (-)
nd, structures, and eqmpment
iccuraulated depreciation (-)
reign currencies
tier assets (net)
tal assets
562
1,<10
635
,
136
,
-i;.'0
,
,
56,867
-25,0A9
,
,
378,848 jQ/
,
415, 71Q
,
LIABILITIES
2ounts payable:
government agencies
Other
3rued liabilities:
jOvemment agencies
Other
irances
Activities
43
503
,
,
from:
Government agencies
Other
List and deposit liabilities:
jCfvemment agencies
Other
nds, debentures, and notes payable:
Government agencies
Participation certificates
Principal payments for redemption of
participation certificates (-)
,
2
,
157
,
,
,
Other
her liabilities (including reserves)
tal liabilities
4?1
2,414
,
NET INVESTMENT
Ited States interest;
Interest^bearing investment:
Capital stock
Borrowings from the U.S. Treasury.,..,
Other
(Joninterest^bearing investment:
Capi tal s tock
Appropriations
Capitalization of assets (net)
Other
fLccuimilated net income, or deficit (-).,
Deposits of general and special fiind
revenues ( - )
lotal United States interest
and private interest:
Principal of fxind
Accumulated net income, or deficit (-).
,
206,600
90,495
,
,
211
,
,
240
-125
413
,
List
Potal trust and private interest
tal liabilities and investment
jotnotes at end of Section.
,
,
,
115,999
11
f'
Bureau of Reclamation
Fund for
emergency
expenses,
Fort Peck
Project,
Montana (PE)
Office of
the Secretary
Upper
Colorado
River
Basin
Lower
Colorado
River
Basin
fund (PE)
Working
capital
fund
fund (PE)
(IR)
Treasury Bulleti
146
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS.
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
(
In thousands of dollars)
Activities
31, 1971
-
(Continued)
I
[pril
1972
147
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
(
In thousands of dollars
Activities
31, 1971
-
(Continued)
Treasury
148
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS.
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
(
In thousands of dollars)
Activities
31, 1971
-
(Continued)
pril
1972
149
FINANCIAL OPERATIONS OF
Section
Table GA-I-1.
I -
GOVERNMENT AGENCIES AND FUNDS.
Government Corporations and Other Business-Type
Statements of Financial Condition, December
(
In thousands of dollars
Activities
31, 1971- (Continued)
Treasury Bullet
150
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS.
Government Corporations and Other Business-Tyjie Activities
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
31, 1971
-
(Continued)
m
1972
ril
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS.
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
(In thousands of dollars)
General
supply
fund
(IR)
ASSETS
on hand, and in transit...
)alances with the U.S. Treasury 2/,.
:n banlts,
88,428
iments
Lie
debt securities (par value)
n'ities of Government enterprises
irities of Government-sponsored
:erprises
—
securities
;r
nortized premium, or discount (-),..
jes to contractors and agents:
jmraent agencies
IT
and notes receivable:
jmraent agencies
YC ( net)
15
3,352
its
tori es
Ul,454
1,782
248,263
wance for losses (-)
interest receivable:
;d
jublic debt securities...,
securities of Government enterprises
;r
receivable:
;mment agencies
U.S. dollar loans
sr:
Foreign currency loans
Llowance for losses (-)
red security or collateral:
L estate
3r
Llowance for losses (-)
structxires, and equipment
emulated depreciation ( -
183,617
-76,718
^
currencies
assets ( net)
2.454
5^^1,14'^
assets
LIABILITIES
its payable:
2mment agencies
3r
3d
9,177
34,037
liabilities:
smment agencies
2r
3es from:
srnment agencies
sr
133,239
45
and deposit liabilities:
smment agenci es
Br
debentures, and notes payable:
,
Bmment agencies
ticipaticm certificates
fincipal payments for redemption of
participation certificates (-)
er
liabilities (including resenres)...
liabilities
3,985
130,514
NET INVESTMENT
States interest:
erest- bearing investment:
apital stock
orrowings from the U.S. Treasury
d
ther
interest^bearing investment:
apital stock
ppropriations
apitalization of assets (net)
ther
umulated net income, or deficit (-).
osits of general and special fund
venues (-)
al United States interest
and private interest:
ncipal of fund
umulated net income, or deficit (-).
al trust and private interest
liabilities and Investment
notes at end of Section.
242,750
149,684
33,516
-13,335
412
Activities
31, 1971
-
(Continued)
Treasury Bullet
152
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS.
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
Activities
31, 1971
-
(Continued)
(In thoxjsands of dollars)
Veterans Administration
United
States
Postal
Service
Account
(PE)
Canteen
service
revolving
fund (PE)
Al/
Direct
loans to
veterans
and
reserves
f
PE)
ASSETS
Cash in banks, on hand, and in transit....
Fund balances with the U.S. Treasury 2/ ...
Investments:
Public debt securities (par value)
Securities of Governinent enterprises....
Securities of Government-sponsored
enterprises
Other securities
Unamortized premium, or discount (-)....
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other ( net)
Inventories
Allowance for losses { Accrued interest receivable:
On public debt securities
On securities of Government enterprises,
Other
Loans receivable:
Government agencies
Other:
U.S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral:
Real estate
Other
Allowance for losses - )
Land, structures, and equipment
Accumulated depreciation ( - )
Foreign currencies
Other assets { net)
,
16/i,673
738,082
4,308
351,478
1,996,613
1,967
58,071 12/
16,351
25,713
1
105
1,560
9,055
91,795
44,183
15,676
1,292
)
38,727
1,898
2,119
,
1,185,483 li/
3,695
-128
(
2,165,173 Ai/
-971,389
9,359
-4,438
278,173 11/
Total assets
20,347
LIABILITIES
9
Accounts payable;
.Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Tr\iSt and deposit liabilities:
Government agenci es
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Principal payments for redemption of
participation certificates (-)
Other
Other liabilities (including reserves)...
l,494,°t'l
Total liabilities
2,607,356
163
2,789
238,374
874,001
25,789
10,422
427
la
395
684,819
-77,468
1,5"6
^/
645,018
5,-;
NET INVESTMENT
United States interest;
InteresVbearing investment:
Capital stock
Borrowings from the U.S. Treasxiry
Other
Noninterest-bearing investment:
Capi tal stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues ( -
1,224,360
.
1,613,895
369
-1,571
16,642
15,440
Total United States interest
Trust and private interest:
Principal of fund
Accunrulated net income, or deficit (-).
Total trust and private interest
Total liabilities and investment
Footnotes at end of Section.
4,221,251
20,347
118,937
1
Loan
guaranty
revolving
fund
Rental,
maintenance
and repair
of quarters
oervioemen
group life
insurance
fund
(PE)
(PE)
(PE)
Wil 1972
153
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS.
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
(
In thousands of dollars)
Activities
31, 1971
-
(Continued)
Treasury Bulleti
134
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS.
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
Activities
31, 1971
-
(Continued)
(In thousands of dollars)
Other independent agencies 4^/ - (Continuedj
Civil Service Commission
Revolving
fund (IR)
ASSETS
Cash in banks, on hand, and in transit
Fund balances with the U.S. Treasury 2/..,
Investments:
Public debt securities (par value)
Securities of Government enterprises....
Securities of Government-sponsored
enterprises
Other securities
Unamortized premium, or discount (-)....
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other ( net)
Inventori es
Allowance for losses ( - )
Accrued interest receivable:
On public debt securities
On securities of Government enterprises.
Other
Loans receivable:
Government agencies
Other:
U.S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral;
Real estate
Other
Allowance for losses ( - )
Land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies
Other assets (net)
2,824
,
,
65
,
129
4,780
1
,
1,473
,
,
,
,
1,311
-836
Total assets
LIABILITIES
Accounts payable:
.Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Principal payments for redemption of
participation certificates (-)
Other
Other liabilities (including reserves)...,
1,027
1,517
1,027
1,.'^3^
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury
Other
Noninter est- bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-),.
Deposits of general and special fund
revenues (-)
Total United States interest
Trust and private interest:
Principal of fund
Accumulated net income, or deficit (-)..
Total trust and private interest
Total liabilities and investment
Footnotes at end of Section.
5,000
101
-273
:
Retired
employees
health
benefits
fund (TR)
-
fContinued)
Salaries and
expenses
(G&S) AT/
Farm Credit Administration
Banks for
cooperatives
investment
fund (PE)
Revolving
fund for
administrative
expenses (PE)
Short-term
credit
investment
fund (PE)
Federal
Communicalior
Commission
(GS6)
i)ril
155
1972
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS.
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
Activities
31, 1971
-
(Continued)
In thousands of dollars)
(
Other independent agencies 46/
-
(Continued)
Federal Home Loan Bank Board
Federal
Deposit
Insurance
Corporation
fTR)
Federal
Savings
and Loan
Insurance
Corporation
(PE)
Home
Owners
Loan
Corporation
( liquidated)
Revolving
fund (PE)
Federal
Maritime
Commission
(G&S)
Federal
Mediation
and
Conciliation
Service (G&S)
(PE)
ASSETS
on hand, and in transit...
balances with the U.S. Treasury 2/..
in banks,
stments:
blic debt securities (par value)
curities of Government enterprises...
curities of Government- sponsored
nterprises
her securities
amortized premium, or discount (-)...
nces to contractors and agents;
vernment agencies
her
unts and notes receivable;
vernment agencies
her ( net)
ntories
IcMrance for losses ( ued interest receivable:
public debt securities
securities of Government enterprises
her
s receivable;
vernment agencies
her;
U.S. dollar loans
Foreign currency loans
Allowance for losses (-)
dred security or collateral:
al estate
790
4,786,437
2,560,548
.1
assets
3,U0
700
6,031
U3,550
-15,625
-11,713
U
1,193
1,654
26
1
422
60,194
36,347
2,975
1,816
170,667
-40,950
60,090
143,074
-28,222
>her
Allowance for losses (-)
structures, and equipment
,
cumulated depreciation ( !ign currencies
T assets ( net)
2
1,367
8,426
8,394
-1,164
7,894
-975
54
-24
340
673
-517
3,499
6,202
23
473
108
144,717
4,093,246
3,03'^,4'-'3
638
2,735
1,160
LIABILITIES
Hints
payable:
ivernment agencies
,her
9
397
590
63
281
ued liabilities:
ivernment agencies
32
23
36
;her
86
337
8
899
132
25
inces from;
ivernment agencies
iher
and deposit liabilities;
ivernment agencies
;t
1,257
:her
debentures, and notes payable;
ivernment agencies
irticipation certificates
Principal payments for redemption of
participation certificates (-)
Is,
5,152
;her
jr
liabilities (including reserves)...
248,756
^i,:"'6
1
ll
liabilities
253,386 6/
52,635 6/
9,032
hfET
,
50
*
890
305
1,540
INVESTMENT
States interest;
iteresi^bearing investment:
Capital stock
Borrowings from the U.S. Treasury....
Other
jninterest-bearing investment;
Capital stock
Appropriations
Capitalization of assets (net)
Other
:cumulated net income, or deficit (-).
2posits of general and special fund
sed
5,396
-733
2,891
2,986,859
1,460
2,986,859
l,4oO
revenues (-)
3tal United States interest
and private interest:
rincipal of fund
scumulated net income, or deficit (-),
4,739,859 Ji8/
Dtal trust and private interest
4,739,859
liabilities and investment
4,993,246
4
3t
al
3,030,
4-'3
10,4'
3,499
Federal
Power
Commission
(G&S)
156
Treasury Bullet
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
(
In thousands of dollars)
Activities
31, 1971
-
(Continued)
157
ml 1972
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS,
Government Corporations and Other Business-Type
Section
I
-
Table GA-I-1.
-
Statements of Financial Condition, December
(
Activities
31, 1971-
In thousands of dollars)
Other independent agencies 46/ -
(Continued)
omall Business Administration - (Continued)
Lease and
Surety bond
guarantees
revolving
fund (PE)
ASSETS
en hand, and in transit
balances with the U.S. Treasury 2/
tments
lie debt secxirities (par value)
urities of Government enterprises...
urities of Government-sponsored
terprises
er securities
mortized premium, or discount (-)...
ces to contractors and agents:
emment agenci es
er
nts and notes receivable:
ernment agencies
er ( net)
in banks,
.
7,896
2,A70
32A
tori es
cwance for losses (ed interest receivable:
public debt securities
securities of Government enterprises
39
er
receivable:
emment agencies
dollar loans
Foreign currency loans
llowance for losses (-)
red security or collateral:
1 estate
U .S
er:
.
er
llowance for losses (-)
structures, and eqxiipment
umulated depreciation ( - )
gn cxirrencies
assets ( net)
assets
1 J
.
b4t'
LIABILITIES
nts payable:
emment agencies
er
ed liabilities:
emment agencies
39
er
ces from:
emment agencies
er
and deposit liabilities:
emment agencies
469
er
and notes payable:
emment agencies
ticipation certificates
'rincipal payments for redemption of
participation certificates (-)
debentxu'es,
,
ler
251
liabilities (including reserves)
liabilities
,
NET INVESTMENT
d States interest:
;erest- bearing investment:
apital stock
lorrowings from the U.S. Treasury....
Ither
linterest^bearing investment:
Capital stock
appropriations
Capitalization of assets (net)
10,000
fther
-113
lumulated net income, or deficit (-).
losits of general and special fund
(Venues (lal
United States interest
and private interest:
.ncipal of fund
:\iniulated net income, or deficit (-).
;
;al trxist
.
and private interest
liabilities and investment
notes at end of Section.
'Zi
(Continued)
Salaries
and
expenses
(GSS)
Tennessee
Valley
Authority
(PE)
United States
Information
Agency
Informat ional
media guaranty
fund (PE)
Treasury Bulleth
138
FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS-
Footnotes to Table GA-I-1
Public enterprise revolving funds.
Intragovemmental revolving funds.
Trust revolving funds,
General and special funds (also includes loan accounts of enterprises in liquidation and foreign currency).
Includes $3 million applicable to the economic opportunity loan fund,
(FE)
(IR)
(TR)
(G&S)
1/
2/
executive.
These amounts consist mainly of unexpended balances of general,
special, and revolving fund accounts against which checks maj' be
The funds are condrawn to pay proper charges under these funds
sidered as assets of the agencies, but are not assets of the United
States Govemnent since funds must be provided out of cash balances
of the Treasurer of the United States and future receipts to take
care of checks to be issued against the balances.
Includes foreign currency assets, representing loans and other
receivables recoverable in foreign currency as well as balances of
foreign currencies in United States depositaries, aggregating $5,803
million in dollar equivalent. These currencies, acquired without
the payment of dollars, were generated under various Government
programs, principally the Agricultural Trade Development and Assistance Act of 195A, as an^nded, and the Mutual Security Acts, as
amended. Dollar equivalents are computed for reporting purposes, to
provide a common denominator for currencies of the many countries
involved. Foreign currencies on hand and on deposit and loans under
section 104 (e) of the Agricultural Trade Development and Assistance
Act of 1954, as amended, are stated at the rates as of December 31,
1971, at which the United States could purchase currencies on the
market for regular operating purposes. Other loans are stated at
rates at which they are to be repaid or at rates in effect when the
loans are extended. Currencies that are dollar denominated or guaranteed as to rates of exchange are stated at rates specified in the
agreements
Excludes personal property which had an original acquisition cost
value of $17 million iccounted for by this fund.
Represents collections of principal turned over to the Government
National Mortgage Association, participation sales fund and held for
rederatition of participation certificates.
Certain corporations and other business-type activities that have
submitted statements of financial condition guarantee and insure
loans made by private financial institutions and insure deposits in
banks and savings and loan associations. These commitments are excluded from their balance sheets. The activities that have the
major programs and the principal amounts are as follows:
.
2/
4/
5/
6/
Amount
Activity
(In millions
of dollars)
2/
8/
2/
10/
Funds appropriated to the President:
309
Liquidation of foreign roilitarj' sales fund
Agency for International Development:
178
Housing investment guaranty fund (June 30, 1971).,,
Overseas Private Investment Corporation (June 30,
113
1971)
Agriculture Department:
Farmers Home Administration:
2,301
Agricultural credit insurance fund
3,663
Rural housing insurance fund
Commerce Department:
Maritime Administration:
920
Federal ship mortgage insurance fund
Health, Education, and Welfare Department:
Office of Education:
2,176
Student loan insurance fund (June 30, 1971)
Housing and Urban Development Department:
Housing production and mortgage credit:
81,550
Federal Housing Administration revolving fund
Housing management:
Low rent public housing:
6,631
Local housing authority bonds and notes
3,477
LocaJ. housing authority temporary notes
Community development:
Urban renewal programs (June 30, 1971)
3,042
Veterans Administration:
20,644
Loan guaranty revolving fund
Other independent agencies:
Federal Deposit Insurance Corporation (June 30,
369,708
1971)
Federal Home Loan Bank Board:
163,614
Federal Savings and Loan Insurance Corporation
90
Interstate Comnerce Commission (June 30, 1971)
Small Business Administration:
876
Business loan and investment fund (June 30, 1971)..
Represents the Cooley loan program established pursuant to the Agricultural Trade Development and Assistance Act of 1954, as amended
(7 U.S.C. 1704 (e)),
Represents transfers of principal and interest to miscellaneous
receipts of the United States Department of the Treasury
Consists of contingency fund, Inter-American social and economic
program, and supporting assistance loans.
Consists of stock of the Asian Development Bank eimounting to $100
million, stock of the International Bank for Reconstruction and
Development amo\inting to $635 million; and subscriptions to the
International Finance Corporation, the Inter-American Development
Bank, and the International Development Association amounting to $35
million, $1,988 million, and $1,112 million, respectively.
11/ Includes the insurance and guaranty fund.
12/ Represents interest collectiouii turned over to the Government
National Mortgage Association, participation sales fund and held for
payment of interest on participation certificates.
13/ Participation certificates, shown in the liability section of this
statement, have been issued against certain of these loans under
trust agreements with the Govemment National Mortgage Association,
participation sales fund.
1^ Represents nonlnterest-bearing public debt borrowings from the United
States Department of the Treasury pursuant to an act approved November 2, 1965 (15 U.S.C. 713a-lla).
15/ Figures are as of Jxme 30, 1971, the latest available.
16/ Includes administrative and operating expenses funds.
17/ Includes assets in use, and vessels and other assets held primarily
for mobilization, and vessels held for scrapping.
18/ Represents depreciation on assets in use and on mobilization assets,
and allowances for losses on vessels held for scrapping.
12/ Represents class C capital stock purchased by borrowers.
20/ Excludes property such as land, structures, and equipment as follows:
Air Force, $4,802 million; Army, $2,103 million; Marine Corps, $25
million; Navy, $5,118 million; and defense agencies, $7 million.
21/ Represents reserve for equity of others.
22/ Consists mainly of capital representing appropriations, reappropriations, capitalization of assets, and accumulated net income or
deficit. Figures for each of these amounts were not shown separately
on the report submitted by the fund.
23/ Figures are as of September 30, 1971, the latest available.
2^ Includes the Defense Communications Agency.
25/ Includes the National Security Agency.
26/ Represents allowance for title and other contingencies.
27/ Includes construction work in progress and unclassified assets
amounting to $204 million.
28/ Includes interest accrued on Investment in power facilities amounting
to $13 million.
29/ Includes interest on invested capital.
30/ Includes helium stored underground held for future use amounting to
$377 million.
31/ Includes construction work in progress amounting to $111 million.
j2/ Represents the fund known as "Revolving fund for advances to enrplqv'ment security administration account, unemployment trust fund."
^^ Represents judgments in favor of the United States, Does not incluae
allowance for uncollectible items..
Represents interest on invested capital.
35/ Represents public debt borrowings which are ncn interest-bearing as
provided by an act approved October 21, 1970 {33 U.S.C. 985 (b)).
3 6/ Represents lend-lease and surplus property balances amounting to
$1,092 million; and receivables from Greece, Japan, and the United
Kingdom amounting to $13 million; $173 million, and $2,835 million,
respectively.
37/ Includes Public Works Administration (in liquidation) and strategic
and critical materials.
38/ Includes buildings and land improvements, and construction work in
progress amounting to $16 million, and $602 million, respectively.
39/ Represents an accountable advance to General Services Administration
for transfer of silver to strategic and critical materials inventories. The value of this silver is included in inventories and
other assets.
^Q/ Includes construction work in progress amounting to $119 million and
contractor held property amounting to $2,420 million.
41/ Figures are as of January 7, 1972, The cash and fund balances and
receivables include sufficient funds to pay for resources on order
of $369 million. These resources on order are a part of the Government equity of the Postal Service,
^2/ Valued at cost, estimated if not known.
43/ Represents construction work in progress.
44/ Liabilities do not include the following types of contingent and
future obligations; contingent liabilities for cases pending before
the Civil Aeronautics Board and for pending suits and damage claims,
and commitments under long-term leases.
45/ Represents public debt borrowings transferred from the direct loans
to veterans and reserves fund.
These borrowings are noninterestbearing as provided by acts of February 29, 1964 (78 Stat. 147),
August 30, 1964 (78 Stat. 661), and September 6, 1966 (80 Stat, 679\
46/ Pursuant to Public Law 92-126, approved August 17, 1971 (12 U.S.C.
635 (a)); the receipts, expenditures, and net lending of the ExportImport Bank of the United States; formerly shown under this heading,
were classified outside the unified budget totals, effective as of
the close of business August 16, 1971.
47/ Includes the Federal Labor Relations Council.
^8/ The net Income is not available by law for dividend distribution and
is considered by the Corporation as a reserve for future deposit
insurance losses and related expenses with respect to insured banks
49/ Includes investigations and construction work in progress amounting
to $1,198 million.
Consists of net Income from power operations of $737 million and net
5 0/
expense of nonrevenue-producing programs of $512 million.
*
Less than $500.
,
,
,
'
'
April 1972
159
.FINANCIAL OPERATIONS OF
Section
Table GA-III-1.
-
III
-
GOVERNMENT AGENCIES AND FUNDS*
Federal Credit Programs
Direct Sales and Repurchases of Loans
Treasury Bulleth
160
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section
III
-
Federal Credit Programs
Table GA-III-2. - Loans Outstanding, December
Excluding Interagency Loans
31, 1971
1
(In thousands of dollars)
United States dollar loans
Type of loan and lending agency
Loan
account
Total
1/
To aid agriculture
Loans to cooperative associations:
Economic opportunity loan fund
Farmers Home Administration;
Direct loan account
State rural rehabilitation funds
Rural Electrification Administration
Crop, livestock, and commodity loans:
Commodity Credit Corporation
Farmers Home Administration;
Direct loan account
Emergency credit revolving fxind
Storage facility and equipment loans;
Commodity Credit Corporation
Farm mortgage loans:
Farmers Home Administration:
Agricultural credit insurance fund
Direct loan account
Rural housing insurance fund
State rural rehabilitation funds
Other loans;
Consumer and Marketing Service;
Milk market orders assessment fxmd
Economic opportunity loan fund;
Loans to aid farm or rural families
Farmers Home Adipinistration;
Direct loan account
State rural rehabilitation funds
Watershed protection and other loans
Expenditure
account
2/
:
Total to aid agriculture
15,757
15,757
422,369
12 4/
5,966,921
422,369
12 4/
5,966,921
3,186,027
3,186,027
125
84,506
125
84,506
189,776
189,776
299,732
225,018 5/
816,690 1/
2,964 4/
299,732
225,018 5/
816,690
2,964 4/
617
617
43,455
43,455
694,607 5/
653
1,478
V
11,950,706
To aid homeowners
Mortgage loans:
Housing and Urban Development Department;
Federal Housing Administration;
Community disposal operations fund
Revolving fund
V
694,607 5/
653
V
1,478
8,764,679
3,186,027
:
8,695
894,886 6/
8,695
894,886 6/
,569,741 5/
,545,324 5/
43
1,569,741 %/
3,545,324
43
Government National Mortgage Association;
Management and liquidating functions
Special assistance functions
Low-rent public housing
Interior Department:
Bureau of Indian Affairs:
Liquidation of Hoonah housing project
Veterans Administration:
Direct loans to veterans and reserves
Loan guaranty revolving fund
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation
Other loans;
Funds appropriated to the President;
Appalachian housing fund
Agriculture Department;
Farmers Home Administration;
Self help housing land development fund;
Loans to public and private nonprofit organizations.
Veterans Administration;
Direct loans to veterans and reserves
Loan guaranty revolving fund
51,248
1,226,453 1/
51,248
1,226,453 1/
Total to aid homeowners.
8,618,654
8,617,550
1,541
1,541
4,571
73,750
4,571
73,750
19,303
40,575
19,303
40,575
2,535
4,919
4,919
3
3
437
461
437
461
3,067
To aid industry
Loans to railroads;
Expansion of defense production;
Treasury Department
Other purposes;
Treasury Department:
Reconstruction Finance Corporation loans in liquidation.
Interstate Commerce Commission
Ship mortgage loans;
Commerce Department
Federal ship mortgage insurance f xihd
Maritime Administration
Other loans:
Expansion of defense production:
Interior Department
Treasury Department
General Services Administration
Defense production guarantees:
Air Force Department
Army Department
Navy Department
136
,134,236 1/
15,871
170,667
V
136
1,134,236
15,871
V
170,667
1,104
252
1,104
252
1,104
;
,
Footnotes at end of Section.
(Continued on following page)
2,535
Foreign
currency
loans j/
pril
161
1972
.FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS.
Federal Credit Programs
Loans Outstanding, December 31
Excluding Interagency Loans - (Continued)
Section III
Table GA-III-2.
-
-
1971
(In thousands of dollars)
United States dollar loans
Total
1/
Type of loan and lending agency
industry (Continued)
ther purposes:
Commerce Department:
Economic Development Administration:
Economic development revolving fund
National Oceanic and Atmospheric Administration:
Fisheries loan fund
Trade adjustment assistance:
Financial assistance 7/
aid
Expend! tur
account
Foreign
currency
loans 2/
:
Interior Department
Geological Survey 7/
Transportation Department:
Pight-of-way-revolving fund 7/
Urban mass transportation fund
General Services Administiation:
Reconstruction Finance Corporation liquidation fund
Small Business Administration:
Business loar. and investment fund
education
270,453
270,453
9,294
9,294
192
192
2,534
)tal to aid industry
Slid
Loan
account
2/
2,534
46,675
4,375
46,675
4,375
289
289
1,334,602 5/
1,334,602
1,819,578
1,814,509
5/'
5,069
:
salth. Education, and Welfare Department:
Office of Education:
Elementary and secondary educational activities 7/
Higher educational activities, loans to institutions 7/
Higher educational acT:ivities, advances for reserve funds 2/
Higher education facilities loans fund
Loans to students in Institutions of higher education 7/
Student loan insurance fund
National Institutes of Health:
Loans to institutions:
Health profess ions education fund
Nurse training fund
Other student loan programs 2/
Social and Rehabilitation Service:
Assistance to refugees in the United States 7/
jusing and Urban Development Department:
College housing loans
1,585
8,937
18,744
479,323 i/
1,517,075
29,104
18,744
479,323 5/
1,517,075
29,104
^
30,092
14,629 1/
208,547
25,761
3tal to aid education
States p Territories, etc.
smmerce Department:
Economic development Administration:
Economic development revolving fund
ialth. Education, and Welfare Department:
Health Ser^/ices and Mental Health Administration 7/
jusing and Urban Development Department:
Urban renewal programs
Low-rent public housing
Public facility loans
Revolving fund, liquidating programs
iterior Department;
Bureau of Reclamation 7/
Office of Territories:
Alaska public works
Loans for rehabilitation in Guam 7/
meral Services Administration:
Public Works Administration (in liquidation)
jans to the District of Columbia
iid
1,585
8,937
30,092 1/
14,629 5/
208,547
25,761
3,255,662 5/
3,255,662
5,589,459
3,800,372
145 ,348
145,348
5/'
1,789,087
:
16 ,887
Dtal to aid States , Territories , etc
16,887
342 167
206 ,218
444 150 5/
79 ,792
342,167
206,218
444,150 5/
4,986
146,314 i/
146,314
529
27 ,182
27,182
34 ,710
446 ,927
34,710
446,927
1,890,224
1,815,418
74,806
V
529
74,306
;ien loans :
inds appropriated to the President:
Liquidation of foreign military sales fund
Military assistance credits in liquidation.
Agency for International Development:
Alliance for Progress , development loans
Common defense, economic, and triangular trade loans
Development loans
Development loan fund liquidation account
Loans to domestic or foreign firms and United States firms in foreign
countries
Loans to predecessor agenc ies in liquidation
Other loans
Overseas Private Investment Corporation
tnotes at end of Section,
93,078
1,187
93,078
1,187
,491,888
58,906
,546,211
213,015
2,491,888
58,906
5,546,211
213,015
902,541
566,025
3,000
902,541
566,025
(Continued on following page)
3,000
3,918,860
776,826
175,725
665,668
58,364
Treasury Bullet
162
.FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS,
Federal Credit Programs
Table GA-III-2. - Loans Outstanding, December 31, 1971
Excluding Interagency Loans - (Continued)
Section III
-
(In thousands of dollars)
United States dollar loans
Type of loan and lending agency
Loan
account
2/
Total
1/
Foreign loans (Continued )
Agriculture Department:
Commodity Credit Corporation:
Long-term export sales credits
Short-term export sales credits
Commerce Department:
Maritime Administration
State Department:
Loan to Finland - World War I
Loans to the United Nations 7/
Treasury Department:
Miscellaneous loans and certain other assets:
Lend-lease and surplus property
Loans and other credits
Receivable from foreign banking institution
Atomic Energy Commission:
Long-term receivables 7/
Expenditure
account
553,926
135
135
3,677
73,704
3,677
73,704
1,092,499
3,020,130 8/
2,625
1,092,499
3,020,130 8/
22,907
2,625
57,842
17,08Q,454 2/
559,686 2/
523 ,238 5/
2 ,884
523,238 5/
432
150 253
4 378
432
150,253
4,378
27 573
27,573
Other loans
Housing and Urban Development Department:
Housing for the elderly or handicapped
Low and moderate income sponsor fund
Low-rent public housing
Rehabilitation loan fund
Revolving fund, liquidating programs
Interior Department:
Bureau of Indian Affairs:
Revolving fund for loans
Justice Department:
Law Enforcement Assistance Administration 10/
State Department:
Emergencies in the diplomatic and consular service 7/
General Services Administration:
Liquidation of Virgin Islands Corporation
Surplus property credit sales and liquidation activities
Veterans Administration:
Insurance appropriations policy loans 7/
National service life insurance fund 7/
Service-disabled veterans insxirance fund
Soldiers' and sailors' civil relief
U.S. Government life insurance fund 7/
Veterans reopened Insurance fund
Veterans special life insiirance f'jnd
Vocational rehabilitation revolving fund
Small Business Administration:
Disaster loan fund
y
2,409,065
,409,065
553,926
57,842
Total foreign loans
Foreign
currency
loans
16,520,768
^,618,?4Q
:
'
'
,
56,542
189
l,18o
2 ,770
128 ,467
2,770
110,698
1 ,317
894 ,445
12 307
1,317
894,445
12,307
8
8
74 ,907
9 ,579
28 ,822
164
74,907
9,579
28,822
164
680,679
Total other loans
Total
56 .542
1
'
Deduct:
Loans of agencies submitting financial statements on an annual basis
( see footnotes
7 and 10)
Total loans of agencies submitting financial statements on a quarterly basis
(loan and expenditure accounts)
V
17.769
680,679 5/
599, 953
2,521,569
76,384
49,558,028
27,893,783
21,664,244
,180,379
1,244,201
1,936,177
:,
loan and expenditure accounts
2,884
46,377,649 11/
26,649,582 11/
19,728,067
;'.6ie,34<2
?,6ie,?49
Memorandum
Investments in securities of privately owned Government-sponsored enterprises
:
Agriculture Department:
Consximer and Marketing Service:
Milk market orders assessment fund
1/
2/
J/
4/
2/
6/
Does not include foreign currency loans.
Includes trust funds.
The dollar equivalents of these loans are computed for reporting
purposes at varying rates.
If the loan agreements stipulate a dollar
denominated figure, the loans outstanding are generally valued at agreement rates of exchange. Loans executed in units of foreign currency are
valued at the market rates (i.e., the rates of exchange at which the
Department of the Treasury sells such currencies to Government agencies).
As of June 30, 1971, the latest available.
Participation certificates have been issued against certain of these
loans under trust agreements by the Government National Mortgage AssoFor the full amounts of participation
ciation, participation sales fund.
certificates outstanding for these programs, see Section I - Government
Corporations and Other Business-Type Activities.
Includes $614 million representing defaulted mortgage notes and defaulted Title I, Section 2 notes reported as acquired security or
collateral on the statement of financial condition of the Federal
Housing Administration revolving fund.
160
7/
8/
2/
10/
11/
160
This activity submits financial statements annually as of June %
pursuant to Supplement No. 1 (Revised) to Department Circular No. 96
A complete balance sheet as of December 31, 1971, was not submitted,
but the outstanding loans of this activity were reported to the Depa
ment of the Treasury and are shown on this line.
Represents receivables of $13 million from Greece, $173 million from
Japan and $2,835 million from the United Kingdom.
Loans of the Export -Import Bank of the United States amounting to
Pursuant to
$5,724 million as of December 31, 1971, are excluded.
Public Law 92-126 approved August 17, 1971 (12 U.S.C. 635 (a)), the
receipts, expenditures, and net lending of the Bank were reclassifie
outside the unified budget as of the close of business August 16, 19
A statement of financial condition as of December 31, 1971, was rece
for this activity, but it is not included in Section I - Government
Corporations and Other Business-Type Activities, because it is not a
business-type activity.
See footnotes 6 and 9.
,
i
I
^bril
1972
163
CUMULATIVE TABLE OF CONTENTS
May
1971 through April 1972
Issue and page number
L^cle:
[•easury financing operations
*ral fiscal operations
immary of fiscal operations
jdget receipts by principal sources
:
lart - Budget receipts by principal sources
idget outlays by agencies
idistributed intrabudgetary transactions
idget outlays by major function
westment transactions of Government accounts in
Federal securities (net)
:'ust funds transactions
:countability of the Treasurer of the U.S. on an
accounting basis
of excise tax receipts
;tail
immary of internal revenue collections by States,
and other areas . J
5
,
.
pral obligations
3unt of the Treasurer of the United States
tatus of the Account of the Treasurer of the United
States
nalysis of changes in tax and loan account baJances,
:
,
jmmary of cash transactions through the Account of
the Treasurer of the United States
old assets and liabilities of the Treasury
starv statistics
oney in circulation
aral debt
,
,
:
,
:
ommary of Federal debt
imputed interest charge and computed interest rate
on interest-bearing public debt
nterest -bearing public debt
aturity distribution and average length of marketable interest -bearing public debt
pecial public debt issues
titerest-bearing securities issued by Government
agencies
articipation certificates
ebt subject to statutory limitation
tatus and application of statutory limitation
reasury holdings of securities issued by Government
corporations and other agencies
Ijp deb'^ operations
,
,
,
,
,
,
,
,
,
:
aturity schedule of interest -bearing marketable
public debt seciirities other than regular weekly
and annual Treasury bills outstanding
Cferings of Treasury bills
BW money financing through regular weekly Treasury
bills
fferings of public marketable securities other than
regular weekly Treasury bills
nmatured marketable securities issued at a premium
Dr discount other than advance refxinding operations,
llotments by investor classes on subscriptions for
public marketable securities
isposition of public marketable securities other
than regular weekly Treasury bills
oreign series securities (nonmarketable) issued to
official institutions of foreign countries
oreign currency series securities (nonmarketable)
issued to official institutions of foreign
countries
ted States savings bonds
ales and redemptions by series, cumulative
ales and redemptions by periods, all series
:
combined
ales and redemptions by periods. Series E through K.
edemptions of matured and unmatured savings bonds...
ales and redemptions by denominations. Series E and
H combined
ales by States, Series E and H combined
,
Treasury Bulleth
164
.CUMULATIVE TABLE OF CONTENTS.
May
1971 through April 1972
-
(continued)
Issue and page number
1972
July
May
United States savings notes
Sales and redemptions by periods
Sept.
Aug.
Oct.
Dec.
Jan.
Feb.
:
66
Ownership of Federal securities
Distribution by classes of investors and types of
issues
Estimated ownership by private investors
61
63
67
63
66
64
65
68
69
64
65
67
68
81
:
*.
Treasury Survey of ownership
67
68
62
63
60
61
69
62
63
64
65
62
63
6A
66
64
72
74
70
72
72
74
76
78
73
75
Treasxirv survey-commercial bank ownership
Market quotations on Treasury securities
End-of -month closing quotations by issues
Chart - Yields of Treasury secxirities
75
77
70
72
Average yields of long-term bonds
Average yields of Treasury, corporate and mxinicipal
bonds by periods
Chart - Average yields of Treasury, corporate and
municipal bonds
78
73
75
73
75
79
76
70
7A
7t
74
76
80
77
78
82
81
:
68
70
:
Exchange Stabilization Fund
Balance sheet
Income and expense
:
75
76
National bank reports
Income, expenses, and dividends for calendar year 1969
:
International financial statistics
U.S. reserve assets
U.S. liquid liabilities to foreigners
U.S. liquid liabilities to official institutions of
foreign countries, by area
Nonmarketable U.S. Treasury bonds and notes issued to
official institutions of foreign countries
U.S. position in the IMF
U.S. net monetary gold transactions with foreign countries and international and regional organizations...
:
Capital movements betwen the United States and foreign
countries
Liabilities to foreigners reported by banks in the
United States
Claims on foreigners reported by banks in the United
States
Liabilities to foreigners reported by nonbanking
concerns in the United States
Claims on foreigners reported by nonbanking concerns
in the United States
Transactions in long-term securities by foreigners reported by banks and brokers in the United States
Foreign credit and debit balances in brokerage accounts
81
75
80
76
SI
81
78
86
87
82
78
77
79
79
79
83
82
82
S3
78
79
77
78
80
80
80
89
81
81
84
85
83
8i
84
QO
Si.
8C
82
86
85
87
83
82
Ql
QO
95
97
101
:
95
1^:1
111
121
107
120
87
85
99
85
89
88
94
03
93
97
96
102
99
99
103
102
108
112
85
100
105
103
103
103
107
106
106
115
111
109
118
109
118
109
118
113
122
112
121
lis
127
123
158
120
Foreign cigrrencies acquired by the U.S. Government
without payment of dollars
Foreign currency transactions, summary and country uses
Foreign currency transactions, U.S. uses and trust fund
:
Financial operations of Government agencies and funds
Government corporations and other business-type
activities:
Statements of financial condition
Statements of income and expense
Statements of source and application of f\mds
Regular Governmental activities:
Statements of financial condition
Federal credit programs:
Direct sales and repurchases of loans
Loans outstanding, excluding interagency loans
Trust funds:
121
122
:
Civil Service Retirement and Disability Fund
Federal Old-age and Survivors Insurance Trust Fund..
Federal Disability Insurance Trust Fund
Federal Hospital Insurance Trust Fund
Federal Supplementary Medical Insurance Trust Fund..
Railroad Retirement Accounts
Unemployment Trust Fund
National Service Life Insxjrance Fund
Investments of specified trust accounts
125
149
153
1A8
120
118
119
169
170
16:
123
124
12-1
125
125
126
127
128
12
<
12A
12A
125
125
126
128
129
171
174
174
175
175
1-6
178
179
If.
i
1"-.
Iu5
16^.
16d
It-S
lO'T
POSTAGE AND FEES PAID
TREASURY DEPARTMENT
THE DEPARTMENT OF THE TREASURY
U.S.
BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
FISCAL SERVICE.
WASHINGTON,
D.C. 20226
OFFICIAL BUSINESS
BUY
AND
HOLD
UNITED
STATES
SAVINGS
BONDS
Treas.
HJ
U.S. Treasury Department
10
Treasury Bulletin.
Jan. -June 1972
.A2
c.l
Treas,
HJ
10
c.l
U.S. Treasury Department
Treasury B ulletin*
Jan, -June 1972
BORROWER'S NAME
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