Full text of Treasury Bulletin : April 1974
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Treasury Bulletin
A p r il
1974
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J g l
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1 7
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9
DEPARTMENT OF THE TREASURY
OFFICE OF THE SECRETARY
WASHINGTON, D.C.
/
April 1974
CONTENTS
Article
- Treasury Financing Operations.......................................................................................
V
F E D E R A L FISCAL O P E R A T IO N S
FFO-1.
FFO-2.
Chart
FFO-3.
FFO-4.
FFO-5.
FFO-6 .
FFO-7.
FFO-8 .
FFO-9.
-
Summary of Fiscal Operations........................................................................................
Budget Receipts by Principal S ou rce s.........................................................................
Budget Receipts by Principal S o u r c e s ........................... ... ..........................................
Budget Outlays by A g e n c ie s ................................................................................... ... .
Undistributed Intrabudgetary Transactions . ..............................................................
Budget Outlays by Major Function................................................................................
Investment Transactions of Government Accounts in Federal Securities . . .
Trust Funds Transactions.................................................................................................. 10
Loan Disbursements and Repayments, Net Lending, and
1
2
4
FO-2.
FO-3.
FO-4.
- Gross Obligations Incurred Within and Outside the Federal Government
by Object C la s s ................................................................................................................
- Gross Obligations Incurred Outside the Federal Government
by Major Function and Major Object C la s s ..............................................................
1R
- Gross Obligations Incurred Outside the Federal Government
^
by Department or Agency..............................................................................................
- Gross Obligations Incurred Outside the Federal Government
Comparative Statement by Months................................................................................17
ACCOUNT OF THE U.S. TREASURY
UST-1.
U S T -2.
U S T -3.
U ST-4.
- Status of the Account of the U.S. T r e a s u r y ................................................ *8
- Analysis of Changes in Tax and Loan Account B alances.................................... 19
- Summary of Cash Transactions through the Account of the U.S. Treasury . 20
. Gold Assets and Liabilities of the Treasury................................................................20
MONETARY STATISTICS
MS*1.
- Money in Circulation............................................................................. ......................... 21
FEDERAL DEBT
FD-1.
FD-2.
6
7
9
Loan Balances of Federal Credit Programs.............................................................. 11
- Selected Accrual Data Reported by Federal A g e n c ie s ........................................jg
F E D E R A L OBLIGATIONS
FO-1.
5
- Summary of Federal Debt..................................................................................................
- Computed Interest Charge and Computed Interest Rate
on Interest-Bearing Public D e b t ........................ ... ...................................................
II
Treasury Bulletin
CONTENTS
FD-3.
FD-4.
FD-5.
FD-6 .
FD-7.
FD-8 .
FD-9.
FD-10.
- Interest-Bearing Public D e b t ........................................................ ............................... 2 3
- Maturity Distribution and Average Length of Marketable
Interest-Bearing Public D ebt.......................................................................................2 3
- Special Public Debt Issues..................................................................... ......................... 24
- Interest-Bearing Securities Issued by Government Agencies . . . . . . . .
- Participation Certificates..................................................................................
26
- Debt Subject to Statutory Lim itation........................................................................ 27
- Status and Application of Statutory Limitation....................................................28
- Treasury Holdings of Securities.................................................................................. 29
PUBLIC D E B T O P E R A T IO N S
PDO-1.
PDO-2.
PDO-3.
PDO-4.
PDO-S.
PDO-6 .
PDO-7.
PDO-8 .
PDO-9.
- Maturity Schedule of Interest-Bearing Marketable
Public Debt Securities.................................................................................................30
- Offerings of Treasury B i lls ...........................................................................................
31
- New Money Financing through Regular Weekly Treasury B i l l s ................34
- Offerings of Public Marketable Securities............................................................ 38
- Unmatured Marketable Securities Issued at a Premium or Discount . . .
42
- Allotments by Investor Classes on Subscriptions for
Public Marketable Securities................................................................................... 4 5
- Disposition of Public Marketable S e c u r itie s ...................................................... 48
- Foreign Series Securities............................................................................................. 53
- Foreign Currency Series Securities ........................................................................ 61
U N IT E D S T A T E S SAVIN G S BO N D S
SB-1.
SB-2.
SB-3.
SB -4
-
Sales and Redemptions by Series, Cumulative....................................................64
Sales and Redemptions by Periods, All Series C o m b in e d ............................ 64
Sales and Redemptions by Periods, Series E through K ................................ 6 8
Redemptions of Matured and Unmatured Savings Bonds . . . . ................67
UNITED STATES SAVINGS NOTES
SN*1.
- Sales and Redemptions by Periods............................................................................ 6 8
OWNERSHIP OF FEDERAL SECURITIES
OFS-l.
OFS-2 .
- Distributions of Federal Securities.................................................................................69
- Estimated Ownership of Public Debt Securities...........................................................70
TREASURY SURVEY OF OWNERSHIP
TSO-l.
- Summary of Federal Securities........................................ ... ............................................71
III
April 1974
CONTENTS
TSO-2.
- Interest-Bearing Marketable Public Debt Securities
by Type and Maturity Distribution............................................................................. 72
- Interest-Bearing Marketable Public Debt Securities by Issue................................. 72
- Interest-Bearing Nonmarketable Public Debt Securities by Type..........................74
*7 A
- Securities Issued by Government A g en cies................................................................
75
- Securities Issued by Government-Sponsored Agencies and D.C............................
TSO-3.
TSO-4.
TSO-5.
TSO-6 .
MARKET QUOTATIONS ON TREASURY SECURITIES
MQ-1.
MQ-2.
MQ-3.
Chart
-
Treasury B ills........................................................................................................................ ^
Treasury Notes .....................................................................................................................
Treasury Bonds..................................................................................................................
Yields of Treasury Securities............................................................................................81
AVERAGE YIELDS OF LONG-TERM BONDS
AY-1.
Chart
- Average Yields of Long-Term Treasury, Corporate and Municipal Bonds • • • 8 2
- Average Yields of Long-Term Treasury, Corporate and Municipal Bonds . . ■ 8 3
EXCHANGE STABILIZATION FUND
ESF-1.
ESF-2.
- Balance S h e e t .....................................................................................................................84
- Income and E x p e n se .................................................................................................... ’ 85
INTERNATIONAL FINANCIAL STATISTICS
IFS-1.
IFS-2.
- U.S. Reserve Assets-........................................................................................................... 86
- U.S. Liquid and Nonliquid Liabilities to Foreign Official Institutions,
and Liquid Liabilities to All Other Foreigners..................................................... 8 ?
- U.S. Liquid and Nonliquid Liabilities to Official Institutions
8 8
of Foreign Countries, by Area...........................
................................................. gg
- Nonmarketable U.S. Treasury Bonds and N otes........................................................
- U.S. Position in the I M F ................................................................................................. 90
- U.S. Net Monetary Gold Transactions with Foreign Countries..............................
IFS-3.
IFS-4.
IFS-S.
IFS-6 .
CAPITAL MOVEMENTS BETWEEN U.S. AND FOREIGN COUNTRIES
CM-I-1.
CM-I-2.
CM-I-3.
CM-I-4.
CM-I-5.
CM-I-6 .
CM-I-7.
-
LIABILITIES TO FOREIGNERS REPORTED BY BANKS • U.S.
Short-Term Liabilities by Type of Foreign H older................................................. 94
Short-Term Liabilities by Type of Liability.................. ... ........................................ 95
Short-Term Liabilities by Country................................................................................... 96
Short-Term Liabilities, by Type and Country..............................................................9 7
Short-Term Liabilities, Not Regularly Reported Separately.................................. 98
Long-Term Liabilities by T y p e ....................................................................................... 99
Long-Term Liabilities by Country...................................................................................^
Treasury Bulletin
IV
CONTENTS
CLAIMS ON FOREIGNERS REPORTED BY BANKS - U.S.
CM-II-1. - Short-Term Claims by T y p e ............................................................................................. 101
CM-II-2. - Short-Term Claims by Country......................................................................................... 102
CM-II-3. - Short-Term Claims, by Type and Country..................................................................... 103
CM-II-4. - Long-Term Claims by T y p e ...............................................................................................104
CM-II-5. - Long-Term Claims by Country.................................................................... .................... 10®
CM-II-6 . - Long-Term Claims, by Type and Country....................................................................
LIABILITIES TO FOREIGNERS REPORTED BY NONBANKING CONCERNS - U.S.
CM-III-1. - Liabilities by T y p e .................................................................................................. ...
107
CM-III-2. - Short-Term Liabilities by Country.................................................................................. 108
CM-III-3. - Short-Term Liabilities, by Type and Country............................................................
CM-III-4. - Long-Term Liabilities by Country.................. ............................................................... HO
CLAIMS ON FOREIGNERS REPORTED BY NONBANKING CONCERNS - U.S.
CM-IV-1. - Claims by T ype....................................................................................................................Ill
U2
CM-IV-2. - Short-Term Claims by C o u n try ..................... ... ................................................. ...
CM-IV-3. - Short-Term Claims, by Type and Country................................................................ 113
CM-IV-4. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns
by T yp e...............................................................................................................................114
CM-IV-5. • Short-Term Liquid Claims Reported by Large Nonbanking Concerns
by C o u n try....................................................................................................................... US
CM-IV-6 . - Short-Term Liquid Claims Reported by Large Nonbanking Concerns,
by Type and Country......................................................................................................116
CM-IV-7. - Long-Term Claims by C o u n try ........................................................................................117
CM-V-1.
CM-V-2.
CM-V-3.
CM-V-4.
CM-V-8 .
CM-V-6 .
CM-V-7.
CM-V-8 .
CM-V-9.
CM-V-10.
CM-VI-1.
CM-VI-2.
TRANSACTIONS IN LONG-TERM SECURITIES BY FOREIGNERS
• Foreign Purchases and Sales of Long-Term Domestic Securities..........................118
- Foreign Purchases and Sales of Long-Term Foreign S e cu ritie s..........................118
- Net Foreign Transactions in Marketable Treasury Bonds ands and N otes............. H®
• Estimated Foreign Holdings of Marketable Treasury Bonds and Notes................
120
- Net Foreign Transactions in Long-Term Domestic B o n d s....................................... 121
- Net Foreign Transactions in Domestic Stocks by Country.......................................122
- Net Foreign Transactions in Long-Term Foreign Bonds by Country................... 123
- Net Foreign Transactions in Foreign Stocks by Country......................................... 124
- Foreign Purchases and Sales of Long-Term Securities, Latest Date...................... 123
-Foreign Purchases and Sales of Long-Term Securities,Latest Year.......................126
FOREIGN CREDIT AND DEBIT BALANCES IN BROKERAGE ACCOUNTS
- Foreign Credit Balances (Due to Foreigners).............................................................. 127
- Foreign Debit Balances (Due from Foreigners).......................................................... iap
FOREIGN CURRENCIES ACQUIRED BY THE U.S. GOVERNMENT
FC-1.
FC-2.
FC-3.
FC-4.
-
Summary of Foreign Currency Transactions................................................................ 129
Foreign Currency Transactions, Country U se s.......................................................... 129
Foreign Currency Transactions, U.S. U s e s .................................................................130
Foreign Currency Transactions, Trust Funds .............................................................130
V
April 1974
CONTENTS
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
GOVERNMENT CORPORATIONS AND OTHER BUSINESS-TYPE ACTIVITIES
GA-I-1.
- Statements.of Financial Condition............................................................................133
FEDERAL CREDIT PROGRAMS
GA-III-1. - Direct Sales and* Repurchases of L o a n s ..................................................................... 164
GA-III-2. - Loans Outstanding, Excluding Interagency Loans................................................... 165
Cumulative Table of Contents ................................................................. ...
Note:
Details
of
figures
may
not
add
to to ta l s b e c a u s e
of rounding.
.................................... 172
Treasury Bulletin
VI
Treasury Financing Operations
Cash Offering
or sale or other disposition of the notes bid for at a spe
On March 20 the Treasury
announced that it would sell
to the public at auction under competitive and noncompetitive
cific rate or price, until after 1:30 p.m., EDST, March 28,
1974.
bidding, $1.5 billion of 8% Treasury Notes of Series H-1976
to be dated April 9, 1974, and to mature March 31, 1976.
Tenders for the notes were received until 1:30 p.m., EDST,
March 28, 1974,
million was
and totaled $2,046 million of which $1,531
accepted at prices
ranging from 100 .1 1 , yield
7.94$, down to 99.76, yield 8 .13%.
for $500,000
or less
Noncompetitive tenders
Commercial banks were prohibited from making unsecured
loans, or loans collateralized in whole or in part by the notes
bid for, to cover the deposits required to be paid when ten
ders were entered, and they were required to make a certifi
cation to that effect.
were accepted in full at the average
price of accepted tenders, 99.85, yield 8.08$.
These totaled
Tax Anticipation Bills
On March 20 tenders were
$485 million.
Payment for the notes was required to be made or completed
on or before April 9, 1974,
in cash or other funds immedi
ately available to the Treasury by that date.
Payment could
thereabouts,
amount of bills dated November 30, 1973, to mature June 21,
1974.
1974.
were
received at
Federal Reserve
The bills were issued March 29.
They will be accep
Tenders were opened on March 26.
banks and
branches and at the Bureau of the Public Debt in Washington,
D. C.
invited for $2.5 billion, or
of tax anticipation bills to be an additional
table at face value in payment of income taxes due June 15,
not be made through Treasury tax and loan accounts.
Tenders
Other lenders were requested to re
frain from making such loans.
Bearer notes, with interest coupons attached, and notes
registered as to principal and interest were authorized to be
issued in denominations of $ 1 ,000 , $ 5 ,00 0 , $1 0 ,00 0 , $100,000
and $1 ,000 ,0 0 0 .
Tenders received totaled $5,042 million, of which $2,523
million was accepted, including $418 million of nonconrpet itive
tenders.
The average bank discount rate was 8.306 percent.
The limit for a noncompetitive tender
der was $500,000.
Commercial banks could submit tenders for account of their
from any one bid
Payment for the bills allotted could be
made through Treasury Tax and Loan Accounts.
customers provided the names of the customers were set forth
52-Week Bills
in such tenders.
Others than commercial banks were not per
On March 28, tenders were invited for $1,800 million, or
mitted to enter tenders except for their own account.
thereabouts, of 364-day Treasury bills to be dated April 9,
Tenders were received
without deposit from commercial
and other banks for their own account, Federally-insured sav
1974, and to mature April 8 , 1975.
The issue was to refund
$1,800 million of bills maturing April 9.
ings and loan associations, States, political subdivisions or
instrumentalities thereof, public pension and retirement and
Tenders were opened
on April 3.
They totaled $3,202
other public funds, international organizations in which the
million, of which $1,801 million was accepted, including $52
United States holds membership, foreign central banks and for
million of noncompetitive tenders.
eign States, dealers who make primary markets in Government
rate was 7.886 percent.
securities and report daily
to the Federal Reserve Bank of
New York their positions with respect to Government securi
ties and borrowings thereon, and Government accounts.
Ten
ders from others were required to be accompanied by payment
of 5 percent of the face amount of notes applied for.
All bidders were
required to agree not to purchase or
sell, or to make any agreements with respect to the purchase
The average bank discount
13-Week and 26-Week Bills
Issues of regular weekly Treasury bills in March totaled
$17.2 billion.
These issues were of fered for cash and in ex
change for bills maturing in a like face amount.
There were
four 13 -week issues of $2.5 billion and four 26 -week issues
of $1.8 billion.
Average rates for the new issues are shown
in the following table.
Vll
April 1974
T r e a s u r y F in a n c in g O p e r a t io n s —C o n tin u e d
Noncompetitive tenders (without stated price), usually
Annual average rate
(bank discount basis)
Date of issue
for $200,000 or less from any one bidder, for each issue of
13-week, 26-week, and 52-week bills, are accepted in full at
13 -week
26 -week
7.675
7.920
8.047
7.566
7.637
7.882
8.231
the average price of accepted competitive bids for an issue.
1974
Mar.
7
14
21
8.300
28
Fdyirent for accepted Lenders must be made or completed
on the date of issue, in cash or other immediately available
funds or in
on that date.
a like face amount
of Treasury bills maturing
Payment for 13-week, 26-week, and 52-week bills
may not be made by credit inTreasurv tax and loan accounts.
Treasury Bills - General
Treasury bills are sold on a bid basis.
Hie face amount
Foreign Series and Foreign Currency Series
is payable without interest at maturity.
They are issued in
bearer form only, and in denominations of $1 0 ,000 , $15,000,
$50,000, $10 0 ,000 , $500,000, and $1 ,000,000 (maturity value).
Tenders are received at Federal Reserve banks and branches.
Foreign series securities issued in March totaled $975
million,
of March,
Each tender must be for a minimum of $10,000.
Banking institutions
foreign series
$23,602 million.
generally may submit tenders for
Tenders
securities
may be made without deposit
totaled
Foreign currency series securities issued in March con
and recognized dealers in
lent of $340 million.
investment securities.
Tenders
by payment of 2 percent of
60 .)
sisted of two notes denominated in Swiss francs equivalent to
$348 million.
Redemptions for the month totaled an equiva
At the end of March foreign currency
series securities outstanding totaled an equivalent of $1,597
the face amount of bills applied for, unless the tenders are
million and were all denominated in Swiss francs.
accompanied by an express guaranty of payment by an incorpo
are shown on page
rated bank or trust company.
At the end
outstanding
(Details are shown on page
by incorporated banks and trust companies and by responsible
from others must be accompanied
certificates of indebtedness.
Tenders over
$10,000 must be in multiples of $5 ,0 0 0 .
account of customers.
consisting of nine
Redemptions for the month totaled $1,135 million.
63 .)
(Details
April 1974
^FEDERAL FISCAL OPERATIONS,
Table FFO-1. - Summary of Fiscal Operations
fin millions of dollars)
Means of financing - net transactions
Budget receipts and outlays
Net
budget
outlays
2/
Net
budget
receipts
1/
Fiscal year
or month
Budget
surplus
or
deficit
Changes in cash and monetaiy assets (Deduct)
Borrowings from the public - Federal securities
Public
debt
securi
ties
Investments of
Govern
ment ac
counts 2/
Agency
securi
ties
Special
notes
y
Total
borrowing
from the
public
k+5-6-7
Within general
account of the
U.S. Treasury
Within other Gov
ernment officers
y
SDR
6/
— mi—
With Inter
national
Monetaiy
Fund
Other
,
.
.
.
.
.
.
.
.
-Hi116,833
130,856
149,552
153,671
187,784
193,743
188,392
208,649
232,225
-1£L.
118,430
134,652
158,254
178,833
184,548
196,588
211,425
231,876
246,526
-1,596
-3,796
-8,702
-25,161
3,236
-2,845
-23,033
-23,227
-14,301
__ m ___
5.561
2,633
6,314
21,357
6,142
17,198
27,211
29,131
30,881
704
4,041
5,079
5,944
-10,150
-1,739
-347
-1,269
216
--- liU—
2,330
3,244
9,035
5,320
8,522
10,062
7,417
8,420
11,822
1974 (Est)---1975 (Est)____
270.000
295.000
274,660
304,445
-4,660
-9,445
16,319
19,797
1,606
1,826
14,424
9,123
• 3,500
12,500
-3,000
4,770
3,768
-1,543
275
803
-9rj
27
-721
-43
68
899
790
-105
2,202
3,240
3,863
3,005
-2,159
-1,970
-2,369
158
1,234
1,591
-6,352
4,035
lllr
-170
795
-713
450
-365
195
36
-91
46
-36
54
10
11
151
24
138
65
-41
278
196
196
196
196
196
197
197
197
197
5
6
7
8
9
0
1
2
3
-m-126
354
-482
-1,119
-1,384
----c*u---4,061
3,076
2,838
23,100
-11,146
5,397
19,448
19,442
19,275
------ uu-----1,594
-260
-4,571
-1,094
760
1,746
826
1,668
2,068
18,172r
15.987
25,860
16,584
28,537
20,202r
20,806
22,306
20,157
20,814
-2,030r
-4,820
3,554
-3,573
7,723
July.... .
Aug..... .
Sept.... .
Oct..... .
Nov..... .
Dec..... .
18,121
21,291
25,007
17,637
20,209
21.987
22,607
22,139
20,736
23,092
22,099
19,686
-4,486
-847
4,271
-5,455
-1,891
2,302
862
2,842
—406
1,037
1.561
5,861
9
301
40
29
273
-174
1,583
3,705
-929
-328
-369
2,558
-713
-563
564
1,395
2,202
3,128
-5,577
-4,149
5,517
-2,811
-1,114
5,665
1974-Ja n
.
Feb..... .
23,476
20,226
23,671
21,030
-195
-804
-1,714
2,503
12
-17
-929
2,647
-773
-162
424
-3,050
Fiscal 1974 to
167,955
175,061
-7,106
12,545
472
7,939
5,079
-5,095
1973-Fe b
Mar......
Apr..... .
May......
June.....
Other means
of financing
2/
(13)
-217
-359
132
2,997
-284
Transactions
not applied to
year’s surplus
or deficit y
(14)
98
629
813
367
10,407
1965..........
1966..........
1967..........
1968..........
1969..........
1970..........
1971..........
1972..........
1973..........
3,103
4,958
-3,921
1,297
-208
1974 (Est)....
1975 (Est)....
-798
-939
-1 , 0 4 2
-2,116
1973-Feb...■___
Mar......
May......
July.....
Aug......
Sept.....
Nov......
Dec......
1974-Jan......
Feb......
Fiscal 1974 to
• date.........
-2 2
-l,489r
2,948
1,089
-1 , 4 2 2
-967
-9 6 1
482
-69r
-65
-1 0 1
-1 0 1
98
Total Budget
financing
8 -9 -1 0 -1 1
-12+13+14
217
217
li.a*.
381
-447
-342
538
644
802
-908
-988
50
Selected balances, end of period
Means of financing-net transact:Lons - (Cont.)
Fiscal year
or month
557
290
771
-8
-W 371
.259
-5
1,859
808
-1,536
-208
1,079
-1,264
Federal securities
General ac
count of the
U.S. Treasury
5/
Public debt
securities
Agency •
securities 2 /
Investments
of Govern
ment accounts
Special
notes y
Held by the
public
1 7 +1 8 -1 9 -2 0
U 8)
(19) *
(2 0 )
347,578
353,720
370,919
398,130
427,260
458,142
9,335
13,377
18,455
24,399
14,249
12,510
12,163
10,894
11,109
61,540
64,784
73,819
79,140
87,661
97,723
105,140
113,559
125,381
3,455
3,810
3,328
2,209
825
825
825
825
825
13,854
13,854
474,461
494,258
12,715
14,540
. 139,806
148,929
825
825
346,545
359,045
,0 3 0 r
4,820
-3,554
3,573
-7,723
12,870
14,104
15,695
9,343
13,854
454,838
458,606
457,063
457,338
458,142
11,779
11,806
11,084
11,041
11,109
119,255
120,045
119,939
122,141
125,381
825
825
825
825
825
346,537
349,542
347,383
345/414
343,045
126,964
130,669
129,740
129,412
129,043
342,332
341,769
342,333
343,727
345,930
349,058
(15)
(1 6 )
1,596
3,796
8,702
25,161
-3,236
2,845
23,033
23,227
1 4 ,3 0 1
12,710
12,450
7,879
6,785
7,544
9,291
10,117
11,785
13,854
4,660
9,445
2
(17)
317,274
319,907
3 2 6 ,2 2 1
.
(2 1 )
261,614
264,690
267,529
290,629
279,483
2 8 4 ,8 8 0
304,328
323,770
343,045
-2 , 1 1 2
-2,338
1,269
473
-859
354
1 ,3 6 8
-206
-551
957
-510
-144
4,486
847
-4,271
5,455
1,891
-2 , 3 0 2
8,164
4,015
9,532
6,722
5,608
11,273
459,003
461,845
461,439
462,476
464,037
469,898
11,118
11,419
11,459
1 3 1 ,6 0 2
825
825
825
825
825
825
1,867
-1,510
-187
-484
195
804
11,696
8 ,6 4 6
468,184
470,687
11,598
11,581
130,672
133,320
825
82;
348,285
348,123
-2,857
243
7,106
8 ,6 4 6
470,687
1 1 ,5 8 1
133,320
825
348,123
Source:
Monthly Statement of Receipts and Outlays of the U.S. Government.
Estimates for fiscal years 1974 and 1975 are from the 1975 Budget Document released February 4, 1974.
See Table FFO-2. 2/ See Table FF0-3. 2/ See Table FFO-6 .
Represents noninterest-bearing public debt securities issued to the
IMF and international lending organizations (IDA and IDB) in recognition
of U.S. Government subscription commitments.
Current
fiscal year to date transactions are on the Daily Statement of
y
the U.S. Treasury 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
Table FF0-10 in the November 1973 Bulletin.
Represents
holdings of special drawing rights, less certificates issued
y
7/
8/
2/
1 1 ,4 8 8
11,760
11,586
to Federal Reserve banks.
Includes: public debt accrued interest payable and beginning in fiscal
1974 only that portion which is payable to the public; deposit funds;
and miscellaneous asset and liability accounts.
Includes: seigniorage; increment on gold; fiscal 1969 conversion of
certain corporations to private ownership; fiscal 1970 reclassification
of CCC certificates of interest; fiscal 1974 conversion of interest
receipts of Government accounts to an accrual basis; and net outlays
of off-budget Federal agencies, (Export-Import Bank since August 17,
1971, rural electrification and telephone revolving funds since May
12, 1973, and postal service fund since July 1, 1973).
See Table FD-6 .
r
Revised.
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
Individual
Withheld
-Tftr..
Other
Corporation
Net
total
Refunds
Gross
Net total
income
taxes
Net
total
Refunds
1966.......
196 7
196 8
196 9
197 0
197 1
197 2
197 3
116,$33
130,856
149,552
153,671
187,784
193,743
188,392
208,649
232,225
36,840
42,811
50,521
57,301
70,182
77,416
76,490
83,200
98,093
16,820
18,486
18,850
20,951
27,258
26,236
24,262
25,679
27,019
4/869
5,851
7,845
9,527
10,191
13,240
14,522
14,143
21,866
48,792
55,446
61,526
68,726
87,249
90,412
86,230
94,737
103,246
26,.131
30,834
34,918
29,897
38,338
35,037
30,320
34,926
39,045
670
761
946
1,232
1,660
2,208
3,535
2,760
2,893
25,461
30,073
33,971
28,665
36,678
32,829
26,785
32,166
36,153
74,253
85,519
95,497
97,390
123,927
123,241
113,015
126,903
139,398
1974 (Est.).
1975 (Est.).
270.000
295.000
112,500
128,500
28,400
28,000
22,900
27,500
118,000
129,000
46,000
51,100
3,000
3,100
43.000
48.000
161,000
177,000
1,104
6,833
6,185
6,433
597
8,170r
3,409
11,587
3,825
12,306
865
5,208
5,915
1,219
8,983
193
342
258
296
188
672
4,867
5,657
923
8,796
8,842r
8,276
17,243
4,748
21,102
1973-Fe b
Mar....
Apr....
May....
June...
8,506r
8,748
I8,172r
15.987
25,860
16,584
28,537
8,813
9,168
768
1,494
9,124
1,444
3,735
July...
Aug....
Sept...
Oct....
Nov....
Dec....
18,121
21,291
25,007
17,637
20,209
21.987
8,487
9,085
7,940
8,752
9,811
8,887
681
451
3,903
550
261
362
354
257
135
71
66
115
8,814
9,279
11,707
9,230
10,006
9,134
1,552
904
5,477
1,515
939
6,201
202
209
230
462
287
105
1,350
695
5,247
1,053
652
6,096
10,164
9,974
16,955
10,283
10,658
15,230
1974-Jan....
Feb___
23,476
20,226
9,296
9,508 1/
5,076
945
45
1,851
14,327
8,601
1,722
1,066
160
1,562
819
15,889
9,420
Fiscal 1974
to date....
167,955
12,227
2,895
$1,097
19,377
1,902
17,475
98,572
8 ,6 4 8
71,765
248
Social insurance taxes and contributions
Employment taxes and contributions
Fiscal year
or month
uj-a-age, aisaDiiixy, ana
hospital insurance
TTnormVl mrmon+ -fnoinianna
Railroad retirement accounts
Net total
Gross
Refunds
Net
total
1965................
1966................
1967................
1968................
1969................
1970................
1971................
1972................
1973................
16,915
20,206
27,328
28,672
33,956
38,600
41,237
45,559
54,166
192
228
282
263
605
386
518
447
479
16,723
19,978
27,046
28,409
33,351
38,214
40,719
45,111
53,687
1974 (Est.).........
1975 (Est.).........
66,883
74,079
559
455
1973-Feb............
Mar............
Apr............
May............
June...........
5,887
4,821
5,611
7,170
4,570
July...........
Aug............
Sept...........
Oct............
Nov............
Dec............
Gross
Refunds
Gross
Net
total
Refunds
Net
total
777
815
885
920
981
1,009
1,190
*
*
*
1
*•
*
*
1
1
683
776
814
885
919
980
1,008
1,189
17,359
20,662
27,823
29,224
34,236
39,133
41,699
46,120
54,876
3,826
3,783
3,665
3,351
3,335
3,471
3,682
4,370
6,070
8
6
6
7
6
8
13
19
66,324
73,624
1,340
1,675
1
1
1,339
1,674
67,664
75,298
6,216
5,993
18
18
6,198
5,975
5,887
4,821
5,611
6,691
4,570
180
136
3
224
123
*
*
*
*
*
180
136
3
224
123
6,067
4,957
5,614
6,915
4,693
684
479
-
63
450
2,161
97
*
1
5
5
3
63
445
2,156
95
4,595
6,852
4,966
4,134
5,351
3,640
-
4,595
6,852
4,966
4,134
5,351
3,640
13
235
23
10
227
121
*
*
*
*
-
13
235
23
10
227
121
4,608
7,087
4,989
4,144
5,578
3,761
385
1,358
104
218
826
91
1
1
1
1
1
382
1,357
103
217
825
90
1974-Jan............
Feb............
4,591
7,072
-
4,591
7,072
18
222
*
*
18
4,609
-
222
7,294
245
761
1
*
245
761
•Fiscal 1974
to date.............
a, 201
-
41,201
870
*
869
42,070
3,989
9
3,980
1/
636
684
Includes individual income taxes designated for the Presidential Election
Campaign Fund.
636
4
3
.
3,819
3,777
3,659
3,346
3,328
3,464
3,674
4,357
6,051
684
April 1974
3
r e m m i FISCAL n p m w i i w a
Table FFO-2. - Budget Receipts by Principal Sources - (Continued)
(In millions of dollars)
Social insurance taxes and contributions - (Continued)
Fiscal year
or month
Federal
supple
mentary
medical
insurance
Other
employees
retirement
Federal
employees
retirement
Excise taxes
Airport and airway trust fund
Miscellaneous excise taxes
Contributions for other
insurances and retirement
Net
social
insurance
taxes and
contri
butions
Total
Gross
Refunds
Net
total
Gross
Refunds
99
217
183
127
96
167
133
1,056
158
10,911
9,145
9,278
9,700
10,585
10,352
10,510
9,506
9,836
564
650
760
-
22,258
25,567
33,349
34,622
39,918
45,298
48,578
53,914
64,542
11,011
24
29
37
39
41
1,081
1,129
1,867
2,052
2,253
2,701
3,207
3,437
3,614
2,319
2,439
44
46
4,046
4,330
77,907
85,603
10,427
10,791
135
10,292
138
10,653
99
118
124
119
111
176
197
176
184
179
3
5
675
777
897
860
859
14
14
661
736
885
850
847
66
July.......
Aug........
Sept.......
Oct........
Nov........
Dec........
146
138
198
13
9
14
13
10
961
699
823
881
826
1,003
69
65
82
75
79
64
1974-Jan........
Feb........
152
15
-3
724
624
69
74
6,542
577
1965............
1966............
1967............
1968............
1969............
1970............
1971............
1972............
1973............
_
_
647
698
903
936
1,253
1,340
1,427
1,065
1974 (Est.).....
1975 (Est.).....
1,683
1,845
1973-Feb........
Mar..... .
Apr........
May........
June.......
Fiscal 1974
to date.........
137
151
131
131
16
18
19
1,111
1,201
20
1,334
1,426
1,735
1,916
2,058
2,146
189
176
197
186
164
279r
2
320
301
5
3
309
293
2
6
346
334
317
351
321
3
3
3
4
298
972
712
833
895
.839
1,014
5,232
222
202
4
142
2
378
346
8,400
739
621
1,129
1,534
28
2,691
48,741
6,625
Refunds
Net
Total
Customs duties
5,400
6,000
3,600
3,900
489
421
372
519
472
1,186
1,244
572
494
334
473
340
4
4
4
7
5
568
489
330
446
335
264
296
278
289
287
9
18
16
509
671
530
503
659
1,538
1,434
1,436
1,459
1,563
1,536
404
499
378
459
6
398
494
373
454
285
315
245
9
July.......
Aug........
Sept.......
Oct.........
Nov........
Dec........
509
672
530
503
636
468
2
1
-
-
-22
-
3,659
3,917
4,441
4,379
4,637
5,354
5,542
5,322
5,665
5,840
468
14,570
13,062
1,318
1,446
1,386
4
5
5
468
6
462
336
4
333
302
309
233
*
*
-H
*
■*
35
61
62
76
66
_
69
64
82
75
78
64
*
_
_
1
-
_
69
73
1
2
575
Deposits of
earnings by
Federal
Reserve
banks
All
other
222
162
2,319
2,430
2,591
3,287
3,188
3,500
3,800
4,400
4,700
255
278
262
280
273
303
277
276
303
344
224
398
394
414
409
198
291
304
239
397
427
-63
2.175
3.170
360
2,038
64
66
107
120
100
100
8
14
12
8
10
8
238
301
9
461
6
455
427
5
423
309
247
9
4,422
-5
4,427
11,544
3,433
41
3,392
2,245
70
Less than $500,000.
Revised.
36
61
62
76
68
1,263
1,315
*
r
851
951
1,372
1,713
1,805
2,091
2,662
3,266
3,533
3,252
3,495
618
Source:
Monthly Statement of Receipts and Outlays of the U.S. Government.
Estimates for fiscal years 1974 and 1975 are from the 1975 Budget Doc
ument released February 4, 1974.
2
2
1,442
1,767
1,901
16
470
853
953
2
1
35
45
71
75
634
470
2
563
649
758
Miscellaneous receipts
Net
total
Refunds
70
70
3
15
Gross
5,470
6,070
492
437
479
522
487
107
Net
total
17,144
17,444
1973-Feb........
Mar........
Apr........
May........
June.......
16
Refunds
1,478
1,811
1,972
2,113
2,387
2,494
2,657
3,394
3,308
6,001
114
224
32
123
313
153
Gross
2,716
3,066
2,978
3,051
3,491
3,644
3,735
5,436
4,917
149
149
120
212
Net total
excise
taxes
29
28
36
31
39
36
49
54
59
6,150
5,989
Fiscal 1974
to date.........
Estate and gift taxes
2,746
3,094
3,014
3,082
3.530
3,680
3,784
5,490
4,976
1974 (Est.).....
1975 (Est.).....
1974-Jan........
Feb........
83
13,719
14,079
15,222
15,705
16,614
15,477
16,260
3,782
4,037
4,652
4,493
4,861
5,386
5,664
5,635
5,818 .
123
1967............
1968.............
1969............
1970............
1971............
1972............
1973............
1965.......... '..
12
10
11
11
Highway trust fund
Gross
1966............
7,030r
5,340
6,359
9,380
5,081
5,336
8,778
5,409
4,712
6,724
4,149
Excise taxes - (Continued)
Fiscal year
or month
9,362
9,461
9,827
10,681
10,519
10,643
10,562
9,995
Neb
total
6
j
322
333
361
388
303
400
247
158
325
380
426
Net total
miscel
laneous
receipts
1,594
1,875
2,108
2,491
2,908
3,424
3,858
3,633
3,921
649
5,049
453
5,153
-12r
83
26
-69
-1
65
-79
43
•87
106
1
291r
%0
348
264
360
409
308
597
437
501
515
334
429
2,?20_
BUDGET RECEIPTS BY PRINCIPAL SOURCES
$Bil. Total
Fiscal Years 1964-1974
FiscalYear
llli
IIP
Comparisonfirst
■eightmonthsfiscalyears1973and 1974
$Bil. Individual Income Taxes
Social Insurance
Taxes and Contributions
*1
M
d
M
>
t"1
hH
GO
o
>
IT1
O
►a
w
»
>
H
HH
o
2
CO
l
&
MonthlyStatementofReceiptsandOutlaysoftheU.S.Government. ForactualamountsseeprecedingTableFFO-2.
v Includesestateandgifttaxes,customsduties,andmiscellaneousreceipts.
Sowre;
&
A pril 1974
5
_____ FEDERAL FISCAL OPERATIONS#—
-
Table FFO-3. - Budget Outlays by Agencies
(In millions of dollars)
Defense Department
Executive
Office
of the
President
Agricul
ture De
partment
Commerce
Depart
ment
Military
Civil
24
26
28
28
31
36
47
55
60
3,889
4,385
4,872
4,913
4,967
4,774
4,540
4,269
3,733
6,795
5,513
5,841
7,307
8,330
8,307
8,560
10,943
10,028
4,749
4,670
726
807
854
1,028
1,188
1,250
1,365
45,969
54,167
67,453
77,373
77,870
77,150
74,546
75,150
73,297
1,211
1,278
1,310
1,300
1,268
1,211
1,376
1,530
1,703
22,732
27,959
34,608
40,576
46,594
52,338
61,866
71,779
82,042
112
121
4,603
4,414
9,311
9,184
1,519
1,712
78,400
84,600
1,621
1,649
96,768
110,959
770
328
643
62
273
100
122
96
90
161
6,029r
6,633
6,207
6,238
7,473
101
118
118
112
232
7,050r
6,554
7,125
7,583
7,815
228
299
150
282
352
75
2,326
847
249
799
1,161
137
95
128
123
131
129
103
5,033
6,662
6,032
6,523
6,647
6,123
63
144
153
167
172
120
6,902
7,203
7,396
7,415
7,463
7,383
853
750
656
383
42
286
6
6
332
341
1,209
547
143
107
6,690
6,285
124
108
7,996
7,862
42
2,057
7,275
959
49,995
1,050
59,621
General
Services
Admin.
National
Aero
nautics
& Space
Admin.
Fiscal year
of month
The
Judi
ciary
1965.............
1966.............
1967.............
196a.............
1969.............
1970.............
1971.............
1972.............
1973.............
162
181
240
255
277
340
384
487
540
73
76
86
91
109
128
142
173
183
1974 (Est).......
1975 (Est).......
658
734
213
310
1973-Feb.........
M a r .........
Apr.........
M a y .........
June........
53
44
42
44
49
15
17
13
18
17
-3r
5
5
5
5
July........
Aug.........
Sept........
Oct.........
Dec.........
50
48
43
47
53
59
16
17
*
14
19
18
5
4
6
4
7
5
1974-Jan.........
Feb.........
58
55
16
15
413
114
Fiscal 1974 to
date...... ......
Housing &
Urban De
velopment
Department
Funds ap
propriated
to the
President
Legis
lative
Branch
277r
136
291
291
793
Education,
& Welfare
Department
Interior
Depart
ment
Justice
Depart
ment
Labor
Depart
ment
665
2,856
2,777
4,140
1,529
2,603
2,890
3,642
3,592
695
661
432
235
837
1,136
225
1,256
-2,237
355
366
403
430
515
640
916
1,180
1,531
3,532
3,109
3,286
3,272
3,475
4,356
7,923
10,033
8,639
4,983
5,550
-3,774
-2,657
1,938
2,106
10,043
140r
153
131
139
137
761
814716
673
667
-1,101
167
143
112
148
-249
131
172
136
137
132
126
702
706
503
582
595
613
317
242
-918
72
177
149
879
866
3,528
-1,628
1,159
5,445
309
205
163
-205
289
96r
97
84
94
-222
8,590
rreasury Department
Fiscal year
or month
1965.............
State
Depart
ment
Transpor
tation
Department
1/
Interest
on public
debt 2/
Other
Atomic
Energy
Com
mission
1967.............
1968.............
1969.............
1970.............
1971.............
1972.............
1973.............
384
410
419
424
437
448
468
568
591
785
793
5,428
5,732
5,970
6,417
7,247
7,531
8,183
11,346
12,014
13,391
14,573
16,588
19,304
20,959
21,849
24,167
87
413
-327
82
336
206
31
275
6,815
2,625
2,403
2,264
2,466
2,450
2,453
2,275
2,392
2,393
1974 (Est.)......
1975 (Est.)......
743
793
8,444
9,059
29,100
30,500
6,749
7,133
1973-Feb.........
Mar.........
Apr.........
May.........
June........
45
45
50
29
18
471
526
485
2,010
2,128
2,144
2,157
2,184
July........
Aug.........
Sept........
Oct.........
Nov.........
Dec.........
120
75
66
60
63
77
478
754
697
758
768
663
1974-Jan.........
Feb.........
62
26
Fiscal 1974 to
date............
549
Environ
mental
Protection
Agency
_
Veterans
Adminis
tration
Other
independ
ent
agencies
Undistribut
ed intragovernmental
transactions
y
u
Total
701
763
1,114
300
-242
131
413
425
446
501
589
438
5,091
5,932
5,423
4,721
4,247
3,749
3,381
3,422
3,311
5,708
5,960
6,845
6,858
7,669
8,653
9,756
10,710
11,968
4,364
5,085
6,554
7,337
4,890
7,246
8,879
9,886
11,446
-3,109
-3,364
-3,936
-4,499
-5,117
-6,380
-7,376
-7,858
-8,378
118,430
134,652
158,254
178,833
184,548
196,581
211,425
231,875
246,526
2,328
2,886
2,559
3,991
-306
-883
3,177
3,272
13,241
13,594
. 13,343
14,528
-9,963
-10,717
274,660
304,445
138
347
1,616
57
-60
210
225
219
229
210
65
134
107
111
189
43r
52
28
-23
-8
241
301
265
255
301
1,043
1,061
1,111
1,014
862
633r
1,092
970
914
1,169
2,317
2,340
2,406
2,445
1,546
-56
146
1,318
97
3
30
-23
-16
-14
278
262
246
249
246
221
22,607
22,139
20,736
23,092
1,191
1,141
2,274
927
1,197
1,197
770
949
-850
-670
-849
-850
163
-106
55
88
65
99
108
93
1,097
1,050
968
1,056
2,403
2,476
-108
221
177
190
201
203
-717
-816
22,099
19,686
694
461
2,530
2,396
1,530
126
171
209
107
90
19
-38
251
231
1,202
1,086
1,006
466
-929
-677
23,671
21,030
5,272
19,313
4,667
1,264
706
59
1,982
8^791
8,787
-6,358
175,061
648
874
Source:
See Table FFO-1.
Note:
Outlays consist of disbursements less proprietary receipts from
the public and certain intrabudgetary transactions. Agency shifts
are sfiown in this table beginning with the period of such shifts;
figures prior to the shifts have been adjusted.
1/ Figures prior to fiscal 1967 represent expenditures for the Federal
Aviation Agency.
2/ Reported on an accrual basis.
-
2/
(J
5/
6/
r
-397
-329
-324
-377
-2,616
%
6/
20,202r
20,806
22,306
20,157
20,814
Includes the U.S. Postal Service.
For content see Table FFO-4.
Includes $300 million estimate for special allowances for pay raises
and contingencies.
Includes $1,561 million estimate for special allowances for pay raises
and contingencies.
Revised.
Treasury Bulletin
6
_____________ FEDERAL FISCAL OPERATIONS
Table FFO-4. - Undistributed Intragovernmental Transactions
(In millions of dollars)
Interest credited to certain Government accounts
Federal employer contributions to retirement funds
Defense
Department
Civil Service
Commission
Health, Education,
and Welfare Dept.
Total
Soldiers’&
Airmen's
Home
Permanent
Fund
1,329
1,447
1 ,3 1 0
4
4
5
5
1 ,4 0 1
6
1,709
1,876
2,018
8
3
3
3
3
3
3
3
3
3
582
587
721
894
1,009
1,346
1,617
1,718
1 ,8 4 8
1,999
2,109
44
9
31
39
792
7
Civil Service
Retirement
Disability Fund
196 5
196 6
196 7
196 8
196 9
197 0
197 1
1972............
1973............
282
353
475
510
611
728
727
742
816
1 ,0 4 2
2 ,1 0 1
10
1,825
2,018
2,444
2,611
2,768
2,927
197.4. (Est)......
1975.(Est)......
911
978
1,759
1,847
11
2,682
4
15
2 ,8 4 0
6
1973_Feb........
Ma r .........
Apr ..........
May ...... .
June ...... .
78
74
72
81
76
172
189
175
178
173
1
July ........
Aug.........
Sept...... .
Oct.........
Nov.........
Dec....... .
71
73
72
62
62
60
193
184
174
194
184
160
1
1974-Jan........
Feb........
85
86
571
1,505
Fiscal 1974 to
date...........
--------
—
1
Federal
Disability
Insurance
Trust Fund
Other
or month
Federal Old-Age,
Disability, and
Hospital Insurance
Health, Education, and Welfare Department
Federal Old-Age
and Survivors
Insurance
Trust Fund
1,090
1,181
1 ,6 6 1
8
9
1
251
264
1
1
248
~
1
260
250
1
1
-
1
265
258
247
257
1
246
-
1
221
220
1
306
1
197
1
284
“
7
2,083
1
1
1
65
59
1
~
83
140
221
138
12
324
435
183
190
198
17
29
43
478
498
3.4.7
500
54
70
388
4
45
17
27
49
15
21
23
2
5
2
2
2
7
2
7
1
on/
84
17
*
2
2
1
1
L
1
5
nf
0c
<
1
A
c
y
£.C\J
ODD
Federal
Supplementary
Medical
Insurance
Trust Fund
7
46
61
94
64
,
Federal
Hospital
Insurance
Trust Fund
n
1
161
30
6
*
3
JO
8
7
1
2
1,062
244
181
37
„
Interest credited to certain Government accounts - (Continued)
Fiscal year
or month
1965............
1966............
1967............
1968............
1969............
1970............
1971............
1972............
1973............
1974 (Est.).....
1975 fEet.).....
1973-Feb........
Mar........
Apr........
May........
June.......
Interior
Department
Labor
Department
Indian
Tribal
Funds
Unemployment
Trust Fund
8
10
9
7
5
15
10
8
18
20
20
Source:
1/
Highway
Trust Fund
255
309
11
380
14
34
53
115
I8 4
206
247
375
465
439
517
601
637
496
487
708
775
8
3
2
40
17
3
6
1
21
6
4
166
119
*
1
1
1
37
4
17
3
5
9
1
*
2
July.......
Aug........
Sept.......
Oct........
Nov........
Dec........
1974-Jan........
Feb........
Fiscal 1974 to
date...... .....
Transportati on
Department
*
*
*
6
-3
5
21
10
Veterans Administration
Government
Life
Insurance
Fund
34
33
30
32
32
31
31
32
31
31
31
*
*
*
*
15
*
*
*
*
*-
National
Service
Life
Insurance
Fund
Civil Service
Commission
Civil Service
Retirement and
Disability
Fund
Railroad
Retirement
Board
Other 1/
182
482
155
2
191
198
546
161
2
622
170
2
706
805
987
181
2
211
225
245
271
292
309
339
374
1 ,2 3 2
1,464
1,566
1,814
2,031
57
4
7
29
715
6
*
1
*
147
2
3
71
7
7
6
*
1
¥~
191
215
251
258
262
261
260
3
5
4
4
5
n.a.
n.a.
19
*
*
*
*
3
1
1
8
99
3
19
-1
29
805
3
9
97
571
219
564
526
343
-2,l60r
Total
1,780
1,917
2,275
2,674
3,099
3,936
4,765
5,089
5,452
.6 , 4 2 0
7,140
146
65
76
118
2 ,3 6 6
586
Grand
Total
3,109
3,364
3,936
4,499
5,117
6 ,3 8 0
7,376
7,858
8,378
9 ,1 0 1
9,980
397
329
324
377
2,616
602
593
471
595
850
670
849
850
717
816
412
156
15
157
2
1
40
2
*
*
6
3
65
19
606
195
623
393
929
677
188
16
175
989
149
865
4,276
6,358
241 •
363
See Table FFO-2.
Beginning fiscal 1974, includes adjustment of interest on public
debt issues to convert to the accrual basis.
2
*
n. a.
r
1
Less than $500,000.
Not available,
Revised.
Table FFO-5. - Budget Outlays by Major Function
£
(In millions of dollars)
vo
Fiscal year 1974
Fiscal year 1973'
Function
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
7,071
-303
4
6,772
6,481
-379
-8
Nov.
Dec.
6,870
-267
5
7,137
-236
6,479
-400
-1
6,095
6,607
6,900
6,079
296
-14
282
278
-2
_*
238
-20
276
Jan.
Feb.
Comparable
Cumulative
period
to date
FY 1973
National Defense
6,345r
-107r
-lr
7,116
-155
2
6,628
-208
-3
6,713
-429
117
8,228
-208
-5
5,074
-196
*
6 f237r
6,963
6,417
6,401
8,015
4,878
234r
-4
_*
346
-23
_*
254
-16
251
-116
_*
563
-78
_*
329
-2
_*
207
-2
23Or
323
237
136
486
319
-11
308
327
205
241
301
_#
265
_*
257
-2
304
-3
280
-2
262
_*
246
255
-7
241
301
265
255
301
278
262
246
447
-17
Total Agriculture and rural development..
431
-60
-17
-77
382
-14
368
-149
-6
-155
-123
-3
-126
2,011
Proprietary receipts from the public....
448
-8
440
351
-120
-1
433
-123
_•*
440
-115
_*
435
-136
-1
707
-591
2
425
-1,366
679
-106
_*■
230
310
324
298
118
-942
Proprietary receipts from the public....
Tntrabudgetaty transactions.............
Total national defense..................
International affairs and finance
Proprietary receipts from the public....
Intrabudgetary transactions.............
Total international affairs and finance..
7,113
-318
-2
6,793
6,804
-295
*
53,029
-2,397
-2
49,650
-1,299
-119
6.509
50.630
48.232
219
377
-27
_■*
351
295
-71
-*
224
2,290
-148
-*
2,142
2,370
-420
-*
1,950
246
_*
225
-4
258
-7
233
-2
2,006
-23
2,198
-9
249
246
221
251
231
-32
-3
-35
507
-4
503
785
-4
782
-225
-3
-228
761
-5
756
142
-4
138
4,366
506
-8 4
560
-143
-*•
548
-124
_*
473
-603
_*•
663
-1,207
240
-181
-*
4,094
-3,815
-3
573
422
417
424
-130
-544
58
277
.
Space research and technology
Proprietary receipts from the public....
Total space research and technology.....
.
2 0 S2 - •
.
Agriculture and rural development
2,011
4,397
-31
6,185
-145
-
6
,0 ,
4 1 .,
Natural resources
Proprietary receipts from the public....
3,752
-4,242
-3
,7 4 9 1 .
Commerce and transportation
Proprietary receipts from the public....
Intrabudgetary transactions.............
675r
-65r
-53
1,087
-15
_*
807
-11
-4
925
-16
-3
1,480
-8
-38
2,110
-6
1,113
-22
-1
974
-16
-1
1,346
-14
-71
932
-18
-2
1,076
-12
-
949
-25
-38
384
-18
-2
8,874
-133
-116
8,623
-158
-160
Total commerce and transportation.......
558r
1,072
793
907
1,434
2,104
1,090
957
1,261
912
1,064
886
363
8.626
8,224.,
368
270
243
-*
-149
_*
309
911
-*
779
712
_*
462
36
-*
316
_*
332
_■*
198
-*
3,745
-1
3,488
-*
368
270
243
-149
309
911
779
712
461
36
316
331
198
3.744
3.488
906 r
-1
-
787
1,067
-2
777
-1
-
6,695
-
985
-2
-
933
-*
_*
807
-2
-
619
-
663
-2
-
956
-
1,339
-2
-
955
_*
-
789
-1
-
-
-*
6,852
-7
-
905r
786
788
1,066
1,336
777
954
661
955
805
619
983
932
6,687
6,846
Community develonment and housing
Proprietary receipts from the public....
Total community development and housing..
Education and manpower
Proprietary receipts from the public....
Total education and manpower............
-1
_*
-X
-8
Table FFO-5. - Budget Outlays by Major Function - (Continued)
(In millions of dollars)
Fiscal year 1973
Fiscal year 1974
Function
Feb.
Mar.
Apr.
l,635r
-1
-120
1,624
1,831
-116
l,515r
Oitlays..................................
Proprietary receipts from the public......
Intrabudgetary transactions..............
Total incone security....................
June
May
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Comparable
Cumulative period
to date
FY 1973
Health
-126
1,690
-*
-118
1,822
-1
-114
2,004
_*
-168
1,766
-*
-167
2,080
-*
-158
982
-1
-174
1,911
-*
-169
2,697
-*
-650
2,017
-2
-183
2,038
-1
-172
15,479
-4
-1,841
13,300
-3
-1,387
1,507
1,705
1,572
1,709
1,835
1,599
1,922
807
1,742
2,047
1,832
1,866
13,635
11,910
6,427r
_*
-*
6,077
-*
-20
6,357
-*
-4
7,362
6,538
6,333
_*
6,632
7,114
3
-1
_■*
6,984
-*
-497
7,258
-13
6,381
_•*
-*•
7,235
-809
5,954
_■*
3
-23
-1
53,904
-1
-516
48,052
-1
-677
6,427r
6,057
6,353
6,552
6*525
5,957
6,336
6,380
7,233
6,632
6,487
7.235
7,113
53,387
47,374
1,090
-45
1,107
-43
1,154
-40
1,059
-41
906
-39
-*
1,140
-41
1,097
-42
-*
1,005
-35
1,099
-41
1,232
-39
1,175
-32
-*
1,249
-44
1,133
-44
9,130
-318
-1
8,278
-333
-2
1,046
1,064
1,114
1,017
866
1,099
1,054
970
1,058
1,194
1,143
1,204
1,088
8,811
7,943
2,020
-13
-4
50r
2,145
-14
-34
-1
2,157
-23
-13
-*
2,184
-7
-11
-*
2,202
-40
-118
-39
2,332
-2
-147
2,363r
-1
-150r
-53
2,421
-28
-•*
2,482
-14
-333
-1
2,420
-1
-7
-10
2,490
-177
-84
-60
2,540
-16
-170
2,406
67
-7
-*
19,453
-144
-926
-74
15,662
-223
-957
-32
2,053r
2,097
2,120
2,165
2,004
2,184
2,159
2,392
2,135
2,401 •
2,169
2,353
2,466
18,310
14,449
Proprietary receipts from the public.....
Intrabudgetary transactions..............
414r
-39
-26
489
-13
-14
430
1
-22
520
-42
-11
1,729
-60
-1,217
593
-20
-10
495
-17
-12
662
-11
-9
495
8
-23
479
-27
-14
543
-35
-11
668
5
-37
561
-21
-20
4,509
-115
-134
4,644
-199
-640
Total general government.................
350r
462
409
466
452
563
466
643
479
438
498
636
520
4,259
3,805
1,493
3
-*
7,549
-3
16
1,495
29
1,532
1
-
-
10,619
-6,055
-
13,435
-8,295
-
1,532
1
-677
4,565
-6.358
-4,733
21,030
175,061
162,446
Outlays..................................
Proprietary receipts from the public.....
Intrabudgetary transactions..............
Income security
Veterans benefits and services
Total veterans benefits and services.....
Interest
Proprietary receipts from the public.....
Intrabudgetary transactions..............
General government
Office of Revenue Sharing
9
Proprietary receipts from the public.....
Intrabudgetary receipts..................
-
Total Office of Revenue Sharing..........
9
-
Undistributed intraeoveramental transactions
-397
Net budget outlays.........................
20,202r
-
-
-
-
-
1,493
3
-*
-6,055
_*
-
1,495
-3
16
1,495
29
_*
—329
-324
-377
-2,616
-850
-670
-849
-850
-717
-816
20,806
22,306
20,157
20,814
22,607
22,139
20,736
23,092
22,099
19,686
-
-
-
Source:
Afonthly Statement of Receipts and Outlays of the United States Government.
*
Less than $500,000.
r
Revised.
-
-
-
-
-
-
_
-929 _
.23,671
-
5,140
FEDERAL DEBT
Proprietary receipts from the public.....
Intrabudgetary transactions..............
April 1974
FF.TW.RAT. FISCAL OPERATIONS
Table FFO-6. - Investment Transactions of Government'Accounts in Federal Securities (Net)
(In millions of dollars)
Housing and Urban Development Department
Health, Education and Welfare Department
Fiscal year
or month
Federal
Old-Age and
Survivors
Insurance
Trust Fund
Federal
Supple
mentary
Medical
Insurance
Trust Fund
Federal
Disability
Insurance
Trust Fund
Federal
Hospital
Insurance
Trust Fund
1,584
2,898
3,953
1,274
1,827
2,298
-263
-413
296
591
1,3.21
1,342
1,263
934
792
786
497
87
590
693
377
-146
1,338
479
-197
77
-345
244
221
222
(Est.)......
(Est.)......
3,049
1,091
582
87
3,025
2,309
354
214
1973-Feb..........
Mar..........
Apr..........
May..........
June.........
189
380
287
-219
326
-53
• 152
126
-80
287
-3
486
74
131
493
26
18
31
-8
July.........
Aug..........
Sept.........
Oct..........
Nov..........
Dec..........
-7
1,651
-1,051
25
-563
655
-29
5
50
-10
-178
213
264
320
484
265
-58
930
89
.110
7
114
40
33
1974-Jan..........
Feb..........
fiscal 19 /4 to
date............
-633
1,522
-61
86
226
65
55
-26
1,599
78
2,497
423
458
-858
1965..............
1966..............
1967..............
1968..............
1969..............
1970..............
1971..............
1972..............
1973..............
1974
1975
'J,H I
_
Treasury
Department
Airport
Airway
Trust Fund
_
-
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
1972...............
1973...............
1974 (Est.)........
1975 (Est.)........
Highway
Trust Fund
-
-344
-28
484
257
534
1,089
1,033
822
1,094
_
1,710
_
_
-
-59
388
723
-589
-747
-5
1,380
1,201
353
-
Partici
pation
Sales
Fund
Other
Federal
Insurance
Adminis
tration
Other
Unemploy
ment Trust
Fund
-194
-129
45
135
165
131
128
109
31
25
50
62
470
465
-369
197
-202
299
-161
-19
-9
-7
-8
-8
-6
-8
-4
n.a.
n.a.
33
124
287
238
-54
-8
_•*
15
-1
20
*
23
65
-142
126
41
-*
-1
-*
*
-1
_
_
-*
37
*
*
1
-3
-23
8
48
15
21
-8
1
-*
*
2
-1
-1
_
_
_
-
•*
29
10
20
-1
-*
_
-
1
1
-526
268
*
64
90
1
4
9
586
-•*
National
Service
Life In-'*
surance
Fund
Government National
Mortgage Assn.
*
*
*
*
*
-1
_
*
-
-
Veterans
Administration
Transportation
Department
Fiscal year
or month
Other
Federal
Housing
Adminis
tration
Labor Department
Civil
Service
Commission
Other
Federal
Deposit
Insurance
Corpora
tion
Federal
Savings
and Loan
Insurance
Corpora
tion
3
-3
32
28
14
1
6
n.a.
n.a.
2
-17
14
-8
-10
-3
2
5
9
27
1
1,033
1
*
1
_1
208
-406
-280
1,339
553
2
2
Postal
Service
.
_
_
_
126
204
-109
224
5
86
83
62
272
6
40
-70
122
29
14
20
29
26
1,249
1,121
1,078
873
1,975
1,960
2,932
3,123
3,337
180
227
238
258
313
328
180
438
537
208
204
212
265
283
173
196
148
257
1,370
-280
967
1,468
1,156
1,146
93 8
488
-1,747
-1,428
1,144
1
1
1
1
Railroad
Retire
ment
Board
149
154
173
135
59
268
-9
-110
24
Other
*
*
*
*
*
*
_*
-*
n.a.
-4 1 0
-266
1,172
-252
-257
510 •
-93
All
Other
-*
_
_
-*
_
_
_
_
_
-
-
Total
*
32
51
-21
-204
237
-145
26
67
2,330
3,244
9,035
5,320
8,522
10,062
• 7,417
79
104
14,424
9,123
8 ,4 2 0
11,821
n.a.
1 ,4 2 0
n.a.
209
214
30
32
3,618
2,982
558
565
334
344
-390
-200
1973-Feb..........
M ar...... .
Apr..........
May..........
June.........
_
_
_
-
256
164
103
201
61
25
-9
-16
3
14
-1
-11
-14
-11
135
-2
-2
-2
-4
21
29
47
-34
7
1,668
291
-2
1
61
-3
49
8
4
29
67
-111
-62
-63
-164
-451
-34
-55
-185
800
16
7
2
4
3
20
899
790
-105
2,202
3,240
July..........
Aug..... .
Sept.........
Oct..........
Nov..........
Dec..........
69
73
82
75
79
71
237
295
114
-39
176
272
15
-65
15
-52
125
-103
-7
-6
-13
-15
-4
141
-3
-3
-3
-5
-2
27
213
-8
-85
-31
-93
639
-8
97
-3
-216
64
*
10
61
*
39
61
31
1,199
-69
-108
-113
-545
-211
-190
15
-212
-156
-7
-46
14
8
-3
-2
3
11
1,583
3,705
-929
-328
-369
2,558
1974-Jan..........
Feb..........
69
73
116
412
-28
33
-9
-4
-•*
1
59
-15
68
275
13
81
-186
-172
-111
-11
9
10
-929
2,647
83
13
679
276
296
-2C4
48
7,939
1,583
-60
-718
592
Fiscal 1974
to date...........
Source;
*
See Table FFO-2.
Less than $500,000.
n.a.
not available.
-62.
16
Table FFO-7. - Trust Funds Transactions July 1, 1973 through February 28, 1974
(In millions of dollars)
Receipts
Outlays
Interfund transactions
Classification
Total in
trust
funds
Trust
interfund
and pro
prietary
receipts
Receipts
of trust
funds
1/
(2 )
(i)
(3)
Unified
budget
receipts
Interfund
attrib
trans
utable
actions
to trust
2/
funds
3/
(<0
Total in
trust
funds
Trust
inter
fund
trans
actions
Propri
etary
receipts
from the
public
Outlays
of trust
funds
(8 )
(9)
(5)
(6 )
(7)
30,669
31,513
-
Federal Old-Age and Survivors
32,592
1,924
Federal Deposit Insurance
95
2,498
37
-
1,378
685
444
991
3
2,506
1,188
374
-175
175
-274
274
-
5,019
499
2,507
-
2,507
1,378
1,129
2,062
-
-
2,062
1,340
4,072
4
4,068
2,506
1,562
3,697
4
-
3,694
1
421
1,512
-175
-175
_
-274
-
_
-274
_
_
_
_
_
1,079
-
582
7
575
297
-
-
297
-
-
7
-
7
290
285
-
6,055
-
-
-
-
-
-
-
-
-
4,565
1,490
-
-
3,059
-
-
188
-
188
2,871
1,556
-
96
132
107
-
5
-
112
20
-2 0
-
1,600
-3 8 0
-
-
-
-
-
-3 8 0
380
-
4,615
-
4,615
188
4,427
3,059
Indian Tribal Funds.............
208
96
112
112
-
228
Military Assistance Advances....
1,600
1,600
-
-
-
1,041
Total.........................
3,696
4,243
-
-
6,055
Veterans Life Insurance.........
353
776
-
5,019
582
29,590
-
4,049
6,741
6,055
1,924
244
3,791
776
General Revenue Sharing.........
-
181
353
Airport and Airway..............
1,062
54
4,144
7,517
_
(15)
96
-
_
(W
55
-
_
(13)
441
7,517
_
(1 2 )
u
31,513
4,144
Federal Employees Life and
Health Benefits............... .
(16)
(ID
Other
Total
-
4,049
Federal Supplementary Medical
.
32,592
(1 0 )
Excess of
receipts
or outlays
(-)
Federal
employer
contri
butions
1 ,2 2 0
-
1,041
172
869
1,752
-
-
1,752
22
-
149
-
172
1,581
-711
4,336
-
4,336
356
3,980
3,560
-
-
3,560
-
-
363
-7
356
3,203
777
509
316
192
192
-
456
-
316
140
-
-
191
1
192
-52
52
8
-
183
7
198
-148
169
2,472
2,083
354
136
219
198
21
185
-
136
50
70,132
2,152
67,980
8,160
59,819
56,650
4
2,149
54,498
Source: Based on Monthly Statement of Receipts and Outlays of the U.S. Government.
Note: The memorandum section of various tables in the Federal Budget presents the trust fund receipt
and outlay data on the same concept as columns (3) and (9) above. Trust interfund transactions
are payments from one trust fund to another trust fund and are ex3luded in calculating trust fund
receipts and outlays. The Interfund transactions are payments from Federal funds to trust funds,
and vice versa, but excludes trust fund payments of $119 million to Federal Funds,
l/ For content see columns (7) and (8).
3,601
8,160
50,902
8,918
5
LFor content see columns (10-13).
Includes net taxes and other receipts, mainly deposits by States and Federal
employee retirement contributions.
Excludes ti_:st fund payments to Federal funds, such as charges for administrative
expenses of Social Security Act.
Less than $500,000.
.FEDERAL FISCAL OPERATIONS
Federal Hospital Insurance......
-
Federal
payments
and con
tribu
tions
Unified
budget
outlays
attrib
utable
to
trust
funds
Interest
and pro
fits on
invest
ments in
Federal
securities
--
2/
3/
Lj
*
§
1
(33
*
S.
April 1974
11
F F X I F . P A T . FISCAL r>Pl?PATpN^
Table FFO-8.-Loan Disbursements and Repayments,Net
Lending, and Loan Balances of Federal Credit Programs 1/
(In million of dollars)
Fiscal Year 1974
February 28, 1974
Classification
Loan
disburse
ments
Loan
repay
ments
Funds appropriated to the President:
Comparable Period
Fiscal Year 1973
Cumulative to date
Net
Lending
-
Loan
disburse
ments
-
Loan
repay
ments
Net
Lending
Loan
balance
End of
Period
Loan
disburse
ments
Loan
repay
ments
Net
lending
-
_•*
6
*
2
-*
5
3
17
7
1
-
-1
7
-
-*
6
2
4
20
7
1
7
21
83
-62
355
468
-113
1,453
660
269
392
_
111
1
36
-1
74 '
595
5
885
16
89
-
1
6
-
15
83
*
169
869
-
772
*
-■*
-5
-290
-73
96
-*
*
42
1,028
1,400
53
53
2,414
*
*
*
883
59
-1
79
1,239
*
5
251
69
14
4
32
*
*
-5
632
-10
-15
75
1,206
-*
_*
Farmers Home Administration..................
216
44
172
1,632
1,904
-271
4,990
2,259
376
1,883
Rural Electrification Administration:
Rural telephone bank..................................
Other.................................................
Other...................................................
_
-
-
*
-
*
*
-*
33
6,321
4
21
380
-
122
*
21
258
-*
237
127
110
1,988
2,373
-385
12,801
3,320
766
2,554
1
1
-1
20
11
9
477
29
10
18
*
-
*
2
-
2
10
6
-
6
_
_*
-1
_•*
_
•*
1
-4
20
Overseas Private Investment Corporation.................
Total —
Funds appropriated to the President..... .
Agriculture Department:
Commodity Credit Corporation:
Storage facility and short-term export sales credits...
Farmers Home Administration:
Economic opportunity loans........................ .
Agricultural credit insurance.........................
Direct loans..........................................
Emergency credit......................................
Rural development insurance...........................
Rural housing insurance...............................
Self-help housing land development....................
State rural rehabilitation............................
Total —
Total —
Agriculture Department.......................
Commerce Department:
Economic development assistance:
Economic Development Administration.............. .
Promotion of industry and commerce:
Trade adjustment assistance...........................
Maritime Administration:
Federal ship mortgage insurance.......................
-
-
-
-
-
242
-
*
1
*
Commerce Department..........................
1
2
-2
22
17
5
539
36
Defense Department:
Military:
Defense production guarantees.........................
Civil:
Construction of power systems, Ryukyu Islands.........
-
*
_*
-
1
-1
3
2
2
-
*
_*
-
*
-■*
8
“
*
-*
Defense Department........... ................
-
*
_*•
-
1
-1
11
2
2
-•*
-
_
3
_
3
33
6
*
6
1
4
*
*
*
1
*
*
*
3
*
*
7
45
1
1
10
4
1
1
-4
41
*
466
134
26
1
29
3
29
1
2
6
2
-
-2
27
1
2
6
1
4
58
16
42
689
a
8
34
38
1
43
1
*
1
26
37
*
-1
17
295
18
1
457
20
42
4
408
275
-23
-3
49
1,653
3,242
521
100
16
34
4
346
199
6
1
105
National Oceanic and Atmospheric Administration.........
Total —
Total —
Health, Education, and Welfare Department:
Health Services and Mental Health Administration......
Office of Education:
Higher education activities...........................
Other.................................................
Total —
Health, Education, and Welfare Department....
Housing and Urban Development Department:
Federal Housing Administration:
Federal Housing Administration fund...................
Housing for the elderly or handicapped fund...........
-
1
3
2
-1
-3
-1
18
28
6
1
*
1
4
2
16
215
40
5
451
-1
12
Treasury Bulletin
f w t w p a t
. FISCAL
OPERATIONS;
Table FFO-8.-Loan Disbursem ents and Repayments, Net Lending
and Loan Balances o f Federal Credit Programs—Continued l/'
(In million of dollars)
Fiscal Year 1974
Classification
Housing and Urban Development Department:
(Continued)
Government National Mortgage Association:
Special assistance functions..........................
Management and liquidating functions fund.............
Participation sales fund..............................
Loan
disburse
ments
Loan
repay
ments
Comparable Period
Fiscal Year 1973
Cumulative to date
February 28, 1974
Net
lending
Loan
balances
End of
Period
Loan
disburse
ments
Loan
repay
ments
1,310
45
2
1
-60
-45
3,278
402
939
_
-1
13
*
Net
lending
Loan
disburse
ments
Loan
repay
ments
Net
lending
56
_
_
_
50
5
_
*
6
-5
_
_*
1,250
_
2
3
-85
-96
_
-2
15
1
1
29
1
1
-14
_■*
1
735
11
16
581
8
5
154
3
10
364
202
472
602
27
14
391
6
5
212
21
9
156
114
41
2,786
2,426
359
10,246
2,293
1,924
369
1
1
*
*
*
*
10
2
2
1
8
1
182
62
12
4
2
1
10
3
Total...................................................
1
*
1
13
3
10
244
15
3
13
Transportation Department.................................
*
*
21
21
103
18
.
18
Community development:
Urban renewal program.................................
Public facility loans.................................
Total —
Housing and Urban Development Department.....
-
-
-
-
1,024
96
-
Interior Department:
Treasury Department.......................................
-
-
-
-
*
_*
6
-
*
_*
General Services Administration...........................
_•*
1
-1
-6
7
-13
102
-2
1
-2
Veterans Administration:
Direct loan program................................... .
Loan guaranty program...................................
Government life insurance fund..........................
National service life insurance.........................
Other...................................................
3
19
*
9
1
6
78
1
7
1
-4
-59
_•*
2
1
32
175
5
82
11
61
196
6
57
5
-29
-20
-1
25
6
783
992
66
941
70
32
130
3
71
10
193
223
7
58
4
-161
-93
-3
13
5
31
92
-61
305
325
-20
2,851
246
485
-239
67
111
8
103
723
*
—4
-7
24
*
-30
_*
114
102
*
14
-14
Total —
Veterans Administration........................
Other independent agencies:
Loans to District of Columbia...........................
Federal Home Loan Bank Board:
Fedral Savings and Loan Insurance Corporation.........
Interstate Commerce Commission..........................
National Capital Planning Commission....................
Small Business Administration:
Business loan and investment fund.....................
Disaster loan fund....................................
Total —
loan account...................................
67
4
_
_
_
_
_
_
_
*
_
*
23
-204
10
9
13
-213
168
97
107
86
62
11
1,449
1,241
145
540
116
47
28
493
318
361
-43
5,562
5,394
168
31,242
6,663
3,383
3,281
Source:
Bureau of Government Financial Operations.
Note:
This table contains the data formerly included in the loan
account classification, and last published in the June 1972 Monthly
Statement of Receipts and Expenditures of the U.S. Government in
Section B— The Loan Account of Table III— Budget Receipts and Outlays.
The loan balances presented in this table are preliminary and may not
agree with the later data published quarterly in Table GA-III-2. -
1/
*
Direct and Guaranteed Loans Outstanding.
Hie loan account/expenditure account distinction was discontinued in
fiscal 1972 pursuant to CMB Circular No. A-ll, Revised, dated June 12,
1972. Data formerly classified in the "loan account" will be pub
lished monthly in the Bulletin for users 1 convenience while the need
for such data is being assessed.
Less than $500,000.
Table FFO-9.
Selected Accrual Data Reported by Federal Agencies for Period Ended December 31, 1973
(In thousands of dollars)
Transaction data
Quarter ended December 31, 1973
Agency-
Legislative Branch ................................
The Judiciary ....................................
Executive Office of the President .................
Funds Appropriated to the President:
International security assistance....... .......
International development assistance ............
Other ..........................................
Agriculture Department ............................
Commerce Department ...............................
Defense Department:
Military........................................
Civil ..........................................
Health, Education, and Welfare Department .........
Housing and Urban Development Department ..........
Interior Department ...............................
Justice Department .................. .............
Labor Department ..................................
State Department ............... ..................
Transportation Department .........................
Treasury Department:
Interest on the public debt .....................
Other ..........................................
Atomic Energy Commission..........................
Environmental Protection A g e n c y .... ..............
General Services Administration ...................
National Aeronautics and Space Administration .....
Veterans Administration...........................
Other independent agencies ..................... .
Undistributed intrabudgetary transactions:
Federal employer contributions to retirement funds
Interest on certain Government accounts .........
Elimination of interagency receivables and pay
ables ....... ....................................
Net
cash
outlays
Net
change
in re
ceivables
and payables
Accrued
expen
ditures
£
_______
Balances as of December 31 > 1973
Payables
Current fiscal year to date
Net
cash
outlays
Net
change
in re6eivables
and payables
Receivables
From the public
Accrued
expen
ditures
To the
public
To
other
agencies
Accounts
Receivables
Advances
(10)
VO
From
other
agencies
(Includes
advances)
^1
(5)
(6)
(7)
(8)
300,251
84,038
30,581
-15,861
-29
-1,740
284,390
* 84,008
28,841
56,756
8
2,267
32,556
*
1,561
897
643
172,258
4
1,294
1,594
21,792
340,907
171,402
2,255,846
382,089
112,415
659,871
612,955
5,518,573
708,485
79,574
-14,793
-265,257
436,077
-4,481
191,989
645,079
347,697
5,954,650
704,004
427,564
179,283
45,733
1,541,952
340,472
314,894
57,046
634,718
294,014
88,549
234,317
50,062
28,016
748,261
19,647
4,985
55,012
765,166
22,758
33,012
17,330
42,196
5,117
201,410
63,614
318,883
-5,295
1,600,382
89,427
-22,417
-150,710
29,184
-42,607
36,809
19,610,524
453,496
23,860,775
800,143
-12,205
243,757
1,819,140
157,525
2,225,809
37,022,379
817,985
43,763,124
2,969,992
-781,921
832,993
3,700,302
460,887
4,116,896
885,543
71,577
1,085,288
-33,501
-45,594
-326,313
-338,471
-111,537
-27,101
37,907,922
889,562
44,848,412
2,936,490
-827,515
506,681
3,361,832
349,349
4,089,796
6,646,571
263,927
7,699,948
764,270
247,703
50,859
90,645
86,731
745,286
3,016,887
88,427
1,561,636
420,741
81,335
12,645
7,190
23,140
60,160
232,919
37,038
19,286
400,595
86,609
4,800
8,921
54,442
24,749
122,138
977
229,326
10,121
39,890
323,008
550,129
8,063
115,090
3,047,096
140,051
2,101,440
288,795
105,901
18,869
51,144
101,771
61,867
8,332,611
1,374,688
593,699
299,980
-52,887
715,581
3,387,525
2,916,552
-1,008,145
153,536
9,964
-381,130
27,244
-13,533
91,502
-106,142
7,324,466
1,528,223
603,663
-81,151
-25,643
702,048
3,479,026
2,810,409
14,255,054
3,010,709
883,710
508,270
77,630
1.500.717
6,502,272
7.314.718
131,908
149,462
18,606
-423,373
-72,303
-95,764
-10,404
-45,905
14,386,962
3,160,171
902,316
84,897
5,327
1,404,952
6,491,868
7,268,812
2,899,485
108,219
408,322
9,373
352.260
442.260
1,404,043
1,447,306
106,341
71,957
17,534
342
251,087
122,853
52,180
182,005
-45
469,575
63,977
186
184,247
63,283
25,666
282,613
8,613
44,377
7
11,091
30,713
222,517
352,677
939,696
89,916
2,335
349,210
47,308
105,389
189,950
-724,268
-2,957,985
-317
877,191
-724,585
-2,080,794
-1,493,429
-3,204,729
-8,143
-394,735
-1,501,572
-3,599,464
984
128,551
550,035
-1,068,491
-1,068,491
-1,504,728
-1,504,728
-7,500,782
-8,822,843
O
64,574,115
435,832
65,009,948
130,284,726
-881,997
129,402,729
26,261,241
CO
163,106
667,297
-2,075
-94,845
161,031
572,453
607,392
-99,300
-14,677
905,034
592,715
805,734
64,461
774,838
(i)
(2)
(3)
159,235
50,141
15,883
-11,851
-1
-1,634
147,385
50,140
14,248
63,944
337,752
297,054
2,096,786
362,518
-42,152
3,155
-125,652
159,060
19,571
19,291,640
458,791
22,260,393
710,716
10,212
394,466
1,789,956
200,132
2,189,000
• (4)
(9)
(ID
W
o
H
>
t"1
_ xn
o
>
t-1
O
hj
H
5d
>
%
Total ......................................
Off-budget Federal agencies:
Export-Import Bank of U.S........................
Postal Service ..................................
Rural Electrification Administration revolving
funds .........................................
Elimination of interagency receivables and pay
ables ...........................................
Total Off-budget Federal agencies ..........
994,756
318
1,135,437
3,040,065
2,951,608
-
146,416
54,796
19,298
217,936
708
165,060
1,560
264,165
690
202
+215,994
+215,994
-685,582
-685,582
-1,136,445
-218,138
119,783
1,114,538
206,335
977,032
770,697
839,299
19,298
Source: Bureau of Government Financial Operations.
Note: Figures on accrued expenditures are developed from reports submitted to the Department of the Treasury by Federal agencies. Accrued revenues resulting from the Government’s sovereign authority,
e.g., income and various employment taxes, and customs collections are not included in this report. Cash outlays and accrued expenditures are offset by revenues of a proprietary nature, e.g., marketoriented revenues or revenues derived from activities operated as business-type enterprises. Figures reported by agencies on receivables and payables may differ to some extent with reports on budget
status (S.F. 133 to 0MB) and budget results (BA-R 2108 to Treasury) due to conceptual differences, e.g., deferred charges and advances to consolidated working funds are reported as receivables for this
table and as liquidated obligations for budget reports. For certain agencies submitting flash reports on cash transactions, the net cash outlays shown above may not be totally consistent with
comparable data published in the Monthly Treasury Statement.
*
Less than $500.
Treasury Bulletin
14
.FEDERAL OBLIGATIONS,
’’Obligations" are the basis on which the use of funds
is controlled in the Federal Government.
of categories which cure based upon the nature of the trans
They are recorded
action without regard to its ultimate purpose. All payments
at the point at which the Government makes a firm commitment
for salaries and wages, for example, axe reported as per
to acquire goods or services and are the first of the four
sonnel compensation, whether the personal services are used
key events— order, delivery, payment,
in current operations or in the construction of capital items.
Federal agencies and firms often do business with one
consumption— which
characterize the acquisition and use of resources.
In gen
another; in doing so, the ’’buying" agency records obligations,
eral, they consist of orders placed, contracts awarded, ser
and the "performing” agency records reimbursements. In Table
vices received, and similar transactions requiring the dis
FO-1, obligations that are incurred within the Government axe
bursement of money.
The obligational stage of Government transactions is a
distinguished from those incurred outside the Government.
strategic point in gauging the impact of the Government's
Tables FO-2, 3> and ^ show only those incurred outside.
operations on the national economy, since it frequently rep
Obligation data for the administrative budget fund ac
resents for business firms the Government commitment which
stimulates business investment, including inventory purchases
and employment of labor*
Disbursements may not occur for
months after the Government places its order but the order
itself usually causes immediate pressure on the
private
economy.
Obligations axe classified according to a uniform set
counts were first published in the September 1967 Treasury
Bulletin and the trust fund accounts were first published in
the October 1967 Bulletin. Beginning with the April 1968
Bulletin, the data are on the basis of the budget concepts
adopted pursuant to the recommendations of the President's
Comnission on Budget Concepts.
April 1974
15
.FEDERAL OBLIGATIONS.
Table FO-1. - Gross Obligations Incurred Within and Outside the Federal Government by
Object Class, February 28, 1974
_____________________________________________
(in millions of dollars)
Gross obligations incurred
Object class
Outside
Personal services and benefits
Personnel compensation..............
Personnel benefits..................
Benefits for former personnel.......
Within
Total
26,978
4,377
4,411
26,978
2,121
4,411
Contractual services and supplies
Travel and transportation of persons.
Transportation of things............
Rent, communications, and utilities..
Printing and reproduction...........
Other services......................
Supplies and materials..............
908
362
1,011
1,011
2,012
1,509
277
18,454
12,457
908
238
7,274
5,179
2,417
515
25,728
17,636
Acquisition of capital assets
Equipment...........................
Lands and structures................
Investments and loans...............
9,674
2,425
1,553
359
6,906
104
11,227
2,784
7,010
Grants and fixed charges
Grants, subsidies, and contributions.
Insurance claims and indemnities....
Interest and dividends..............
Refunds.............................
32,942
55,993
14,486
768
2,400
35,343
56,030
20,791
768
Other
Undistributed U.S. obligations......
Obligations incurred abroad.........
Unvouchered.........................
-1,512
4,757
53
705
764
11
-806
5,522
64
194,619
29,456
224,075
Gross obligations incurred 1/........ .
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 appro
priation 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
1,270
37
6,305
presentation and therefore may differ somewhat from the Budget
document.)
Gross obligations incurred (as above)............
Deduct:
Advances, reimbursements, other income, etc....
Offsetting receipts............................
224,075
44,168
..... 23,214
Net obligations incurred...... .................
156,693
Table FO-2. - Gross Obligations Incurred Outside the Federal Government by Major Function
and Major Object Class, February 28, 1974
________________________________________________ (in millions of dollars)________________________________________________
Major object class
Major function
Personal
services
and
benefits
23,141
Contractual
services and
supplies
24,186
Acquisition of capital assets
Equipment
9,191
Lands and
structures
Investments
and loans
Grants
and
fixed
charges
Other
996
-
189
4,322
Total
62,026
International affairs and finance....
289
534
5
4
813
408
383
2,434
Space research and technology........
351
1,474
51
39
-
*
-
1,916
Agriculture and rural development....
552
983
6
2
3,658
3,963
-2,407
6,756
1,333
1,262
159
658
20
840
-1
4,271
Commerce and transportation..........
1,688
794
107
43
548
3,429
949
Community development and housing....
214
234
1
563
1,358
1,355
4
3,728
Education and manpower...............
389
362
8
14
10
7,555
1
8,340
Health...............................
437
1,520
11
8
16
14,784
-2
16,775
Income security.......... ............
958
1,148
5
2
1
44,928
-
47,043
Veterans benefits and services.......
1,476
489
80
40
371
7,269
47
9,772
Interest.............................
Total...............................
*
Less than $500,000.
7,557 .
-
-
-
-
-
14,062
-
14,062
2,683
1,632
49
56
Ill
5,408
2
9,941
.. 33,511...
„,3£i616_.
9.674
2.425
6.906
104.189
3.298
194.619
Table FO-3. - Gross Obligations Incurred Outside the Federal Government
by Department or Agency, February 28,' 1974
OS
______ _______________________________ (Si millions of dollars)______________________________________
Personal services & benefits
Classification
The Judiciary...................
Executive Office of the President....
Funds appropriated to the President:
International security assistance..
international development assistance
Agriculture Department:
Commodity Credit Corporation.....
Benefits
Personnel Personnel for
compen benefits former
sation
y
personnel
Travel and
Rent, com Printing
Transpor
trans
munications , and
portation tation of and
repro
things
of persons
duction
utilities
172
-
#
4
3
6
20
.
•
1
*
1
5
57
-
3
2
26
-
4
*
#
1
2
*
#
*
*
3
859
301
-
*
*
41
21
-
11
2
*
19
17
5.386
583
803
699
4
-
3.335
3.346
246
185
103
13
*
548
251
319
248
25
*
843
1
2
Acquisition of
capital assets
Contractual services and supplies
6
19
Other
ser
vices
Sup
plies
and
mate
rials
Lands
Equip and
struc
ment
tures
3
157
35
REPORTS; NOT FE< EIVED
*
#
3
7
23
11
29
112
52
1
9
2
370
1
734
186
16
Grants and fixed charges
Invest
ments
and
loans
Grants,
subsidies,
and con
tributions
Other
Insurance Ihterest
Undistrib
claims
and
Refunds uted U.S.
and indem dividends
obliga
nities
tions
Total
gross
Obliga
Unobliga
tions in vouch- tions
curred
ered
incurred
abroad
*
-
*
-
1
-
-
-
-
-
-
-
-
25
4
-
33
-
*
44
5
-
73
390
1
-
968
1,169
30
*
142
-
455
#
-2,415
_*
2
2,395
3,505
315
49
7,613
803
4
4
*
*
32
41
3
3
17
12
585
-
9
44
13
13
-*
15
15
28
412
.
16
10
20
553
219
448
986
21
358
245
1,537
5
5
-
-
*
-
-
11
*
-*
-*
-
138
674
*
14
23
24
*
1,461
2,197
163
188
-
185
17
8
6
392
2,228
Defense Department:
Military:
6 ,126
Defense agencies.............
5,400
645
8
Total military...............
Civil........................
Health, Education, and Welfare
Department....................
Housing and Urban Development
Department:
Government National Mortgage
Association.................
17.565
1
324
3
-
12
39
4
_
_
-
_
*
_
_
*
•613
1
9
25
201
6
2 ,1 1 1
175
191
306
*
46
14
3
*
4,356
3,305
351
873
69
9
60
3
1
1
*
3
5
3
36
1
12
11
3
9
46
*
*
*
*
_
_
41
4
7
4
.
-
_
_
-
100
296
_
_
_
.
350
1,466
_
-
1
10
*
24
973
96
-
1,068
2
9
14
34
_
300
7
23
28
156
1,0 10
10
10 ,13 2
1
*
269
57
496
141
Treasury Department:
Interest on the public debt......
Interest on refunds, etc........
General revenue sharing.........
15
1,114
180
Justice Department...............
2,085
6
1
18
1
6
28
4
30
22
1
1
26
6
#
248
1
5
4
41
35
2
654
1,703
2,643 4,308
2,652 4,055
2,581
35
*
*
9.579 9.052
56
50
191
14
l
*
508
106
45
17
47
194
41
3
3
77
21
11
1
_
47
_
_
27
282
139
1
12
3
75
*
l
33
-
-
15
21
*
411
*
36
-
-
918
.
_
110
_
7
40
57
1
18
2,711
301
*
1,288
11
-
14,040
19.578
18,146
7.347
51
2
5 9,162
4,311
_
_
#
2
12,009
42,473
-
-
-2
-
-*
_
41
*
*
48
13
22
-1
843
-
#
-
212
2,880
-
2,837
24
*
2
*
318
#
34
*
*
*
13,924
138
-
*
2,283
*
4,986
_
*
21
*
*
4 ,565
125
1
2,0 78
1
129
39
312
4
530
3
-
1,38 0
167
252
51
78
39
40
*
545
-
559
1
85
*
_
1
-
_
2
-
2
133
-
1,158
5 6,8 78
1.157
2,276
1,986
903
4,817
1
621
-
5,297
*
_
_
-
13,924
138
4,565
1,428
2,756
479
1,476
_
-
1,916
9.752
National Aeronautics and Space
36
_
371
Other independent agencies:
211
_
-
397
-
46
Total.....................
Off-budget Federal agencies: £/
Export-Import Bank of U.S........
*
2
*
31
4
1
10
16
*
*
15
50
*
338
109
723
3
23
2
1,610
10
7
1
22
21
1,0 11
1,509
277
18,454
12,4 5 7
9,674
2,425
6,906
*
*
79
*
78
132
2,002
2
*
74
*
187
-
26,978
2 ,12 1
4,411
908
4
5.179
-
*
18
*
*
468
-
_
-
_
_
-
_
-2
47
_
-
_
-
612
5,507
U9
56
158
4
42
-
912
9.138
32,942
55,993
14,486
768
-1 ,5 12
4,757
53
194,619
-
124
9
104
-
-
-
-
2,236
6 ,236
10
Rural Electrification Administration
*
«
'
'
'
468
187
'
'
'
79
78
132
1
547
547
Total Off-budget Federal
5.183
-
*
18
2
Source:
Reports on Obligations, Standard Forms 225, from agencies.
Note:
Agency shifts are shown in this table beginning with the period of such shifts. The amounts for the com
plete fiscal year are adjusted at that time.
1/ For purposes of this report this object class is considered as totally within the Federal Government except
74
2.549
•
133
114
“
“
-
9,019
for the Department of Defense and Transportation Department, U.S. Coast Guard.
2/ includes reports for Library of Congress, Government Printing Office, and General Accounting Office only.
J/ Export-Import Bank since August 17, 1971* rural electrification and telephone revolving fund and Rural Tel
ephone Bank since Hay 12, 1973» and Postal Service since July 1, 1973*
* Less than $500,000.
I3
S5
8-
Table FO-4. - Gross Obligations Incurred Outside the Federal Government
£
Comparative Statement by Months
(In millions of dollars)
Fiscal year 1973
Fiscal year 1974
Feb.
National defense:
Personal services and benefits:
Personnel compensation............. .
Personnel benefits................. .
Benefits for former personnel...... .
Mar.
Apr.
June p
July
Aug.
Sept.
2,094
233
386
2,523
257
385
2,407
111
427
2,028
413
405
2.251
278
2,291
260
412
418
86
91
115
117
11
1,632
1,467
/6
127
1,402
104
119
137
10
2,169
1,366
1,246
881
43
52
143
10
2,569
1.251
46
72
109
11
1,228
1,033
1,292
226
727
99
850
85
953
132
1,668
276
1,344
76
3
3
11
45
7
10
9
3
2,055
224
365
2,170
370
370
2,195
217
371
2,120
243
375
94
39
54
134
9
1,096
1,371
99
161
63
6
1,027
841
80
68
105
10
892
973
834
178
1
664
823
123
2
2
2
6
6
9
11
5
4
7
11
3
Other:
Undistributed U.S. obligations..... .
Obligations incurred abroad........ .
Unvouchered........................ .
2
546
1
537
617
542
1
574
583
571
540
Total national defense............. .
7,618
7,185
6,430
6,366
8,195
3,510
7,909
Non-defense:•
Personal services and benefits:
Personnel compensation............. .
Personnel benefits................. .
Benefits for former personnel...... .
1,572
4
42
2,257
5
48
1,670
4
75
1,712
5
39
1,626
4
1,006
1,111
4
124
Contractual services and supplies:
Travel and transportation of persons.
Transportation of things........... .
Rent, communications, and utilities.,
Printing and reproduction.......... .
Other services..................... .
Supplies and materials............. .
30
79
60
16
396
222
42
157
111
18
861
697
44
95
107
48
81
94
18
1,063
261
57
42
33
79
53
677
535
Contractual services and supplies:
Travel and transportation of persons,
Transportation of things........... .
Rent, communications, and utilities.,
Printing and reproduction.......... .
Other services..................... .
Supplies and materials..............
Acquisition of capital assets:
Equipment.................. ........
Lands and structures............... .
Investments and loans.............. .
Grants and fixed charges:
Grants, subsidies, and contributions,
Insurance claims and indemnities.
Interest and dividends............. .
Refunds.... ........... ...... .
Acquisition of capital assets:
Equipment........................
Lands and structures...............
Investments and loans.............. .
Grants and fixed charges:
Grants, subsidies, and contributions,
Insurance claims and indemnities....,
Interest and dividends.............
Refunds..........................
Other:
Undistributed U.S. obligations.....
Obligations incurred abroad........
Unvouchered........................
Total non-defense..................
86
122
9
1,588
915
1,451
137
Less than $500,000.
Preliminary.
Revised.
2
21
1,185
413
85
8
1,650
86
62
26
1,255
245
101
6
3
12
Feb*
1,777
237
416
2,816
377
441
1,656
153
445
17,708
2,085
3,348
17,643
1,847
2,898
102
54
100
93
9
1,124
1,187
556
851
905
71
9,582
671
821
897
70
11,993
8,209
1,130
9,191
8,773
59
996
1,013
42
57
44
46
44
48
53
58
2
4,317
-2
4,189
42
108
85
4
790r
1,144
952
151
5
5
4r
4
162
121
10
1,472
1,242
1,582
129
6
7
7
-8
-*
437
182
6,928
9,558
7,434
6,154
8,592
6,8
1,147
4
16
1,180
1,154
1,123
1,194
2
720
l,08lr
5
45
1,207
6
16
42
25
70
23
721
292
45
8
45
19
72
25
660265
14
676
345
734
61
209
554
53
151
445
3,267
6,701
1,540
27
3,136
7,101
1,667
94
6,578
7,085
1,612
74
2,702
6,654
1,589
27
9,969
7,045
1,643
276
6,108
6,358
1,734
42
3,405r
7,064
1,749
43
3,226r
6,885
1,806
266
136
123
3
3,940
46
273
80
5
-172
133
7
-2,843
-167
55
7
887
84
6
-1,295
46
4
15,516
21,445
20,246
15,872
28,392
14,932
23,133
28,630
26,676
22,238
36,589
23,442
34
142
1,274
86
89
378
351
50r
30
71r
22
765
273
5?r
247
599r
4,100
6,881
1,833
33
2,419
6,898
1,777
108
12
73
52
7
6
12,221
10
8
168
2,230
2,725
6
Jan.
505
127
265
831
46
Dec.
585
133
1,121
1,274
300
Nov.
11
159
314
786
263
Grand total.................... ....
*
p
r
144
100
Oct.
6
28
-7
879
2
2
62,026
59,225
25
9,270
36
1,064
12,716
36
1,028
352
161
604
206
358
751
711
177
5,323
2,938
2
39
15
72
32
36
16
74
772,
11
46
13
79
26
983
308
648
85
70
1,666
483
1,429
680
45
149
1,321
4,370r
6,96lr
1,894
42
5,050
7,256
2,025
717
4,351
7,635
1,638
-529
32,901
55,936
14,442
722
35,489
50,364
11,921
673
601
40
36
408
54
-22
-475
100
A
-1,514
440
51
-2,854
517
46
203
47r
81
m
848
2,250
12,282
6
45
7
15,146r
16,888
16,791
1 4 ,612r
17,126
19,649
17,412
132,594
135,673
23,056r
23,8l6r
26,348
2£,046r
23,280
28,242
,24,310
194,619
194,898
.FEDERAL OBLIGATIONS,
May
VO
^1
4 ^
Gonrparahle
Cumulative Period
FY 1973
to date
Object Class
18
Treasury Bulletin
.ACCOUNT OF THE U.S. TR E A SU R Y
Source and Availability of the Balance in the Account of the U.S. Treasury
The wor k i ng cash of the Treasury is held mainly in
Treasury, banks are permitted to deposit in these accounts
'Treasury's accounts with Federal Reserve banks and branches.
proceeds from subscriptions to public debt securities entered
As the balances in these accounts become depleted, they are
for their own account as well as for the account of their
restored by calling in (transferring) funds from the tax and
customers.
The tax and loan account system permits the Treasury to
loan accounts with thousands of commercial banks throughout
leave funds in banks and in the communities in which they arise
the country.
Deposits to tax and loan accounts occur in the normal
until such time as the Treasury needs the funds for its opera
course of business under a uniform procedure applicable to all
tions.
banks whereby customers of banks deposit with them tax pay
effect of its fluctuating operations on bank reserves and the
In this way the Treasury is able to neutralize the
ments and funds for the purchase of Government securities.
economy.
A detailed description of the Treasury’s depositary system
In most cases the transaction involves merely the transfer of
money from a customer fs account to the tax and loan account in
may be found in the Annual Report of the Secretary of the
the same bank.
Treasury for 1973, pages 282-285.
On occasions, to the extent authorized by t,h^
Table UST-1. - Status of the Account of the U.S. Treasury
(In millions of dollars)
Treasury operating balance
End of
fiscal year
or month
1965.................
1966.................
1967.................
1968.................
1969.................
1970.................
1971.................
1972.................
1973.................
Funds in process
of collection
through:
1/
Available funds in
demand accounts at:
Federal
Reserve
Banks
672
766
1,311
1,074
1,258
1,005
1,274
2,344
4,038
Special
depositaries,
Treasuiy Tax
and Loan
Accounts
10,689
10,050
4,272
4,113
4,525
6,929
7,372
7,634
8,433
Other
deposi
taries 2/
_
139
106
Total
Federal
Reserve
Banks
Other
deposi
taries 2 /
.
_
-
Time deposits
and other
depositary
accounts
Coin,
currency,
and 'coinage
metal
Miscel
laneous
items
Gold
Balance
y
Balance in
account of
the U.S.
Treasury
179
117
320
252
266
190
158
218
187
54
41
534
775
1,159
768
553
277
441
471
586
55
93
62
86
104
121
108
129
70
108
102
112
111
112
111
109
107
107
12,610
12,407
7,759
6,694
7,104
9,016
9,911
11,310
13,741
121
# 104
37
570
90
107
12,102
11,469
10,917
5,695
5,298
5,894
8,045
8,755
10,117
12,576
233
370
577
352
393
355
419
252
243
11,073
1972-Dec.............
1,856
8,907
310
1973-Mar.............
Apr.............
Ma y .............
June............
2,882
4,162
3,242
4,038
9,744
9,683
4,679
8,433
309
311
311
106
12,936
14,156
8,232
12,576
139
476
145
243
105
194
110
117
48
42
25
41
631
644
619
586
139
77
106
70
107
107
107
107
14,104
15,695
9,343
13,741
Aug.............
Sept............
Oct.............
Nov.............
Dec.............
2,867
847
1,626
1,839
1,945
2,543
4,203
2,217
6,582
3,781
2,666
7,760
108
8
71
71
70
70
7,178
3,072
8,279
5,691
4,681
10,374
151
141
271
185
150
89
64
61
210
69
57
64
55
28
19
23
24
27
542
549
578
582
536
531
67
57
67
65
53
80
107
107
107
107
107
107
8,164
4,015
9,532
6,722
5,608
11,273
2,844
2,017
1,372
7,628
5,579
6,915
69
69
69
10,542
7,665
8,355
235
203
183
137
69
106
50
42
41
548
528
661
78
33
125
107
107
107
11,696
8,646
9,579
1974-Jan.............
Feb.............
Mar....... .....i
---
Source: Daily Statement of the United States Treasury.
1/ Effective January 1972, the Treasury operating balance excludes the
gold balance in Treasury.
2/ Represents deposits in certain commercial depositaries that have
been converted from a time deposit to a demand deposit basis to
permit greater flexibility in Treasury cash management.
1/
ij
Represents funds in process of collection by (a) the U.S. Treasury
and (b) commercial banks which have been authorized to defer credit
until checks are collected. Data prior to January 1972 included in
Miscellaneous items column.
The free gold balance can be readily converted to available funds with
Federal Reserve banks.
April 1974
19
ACCOUNT OF THE U.S. TREASURY
Table UST-2. - Analysis of Changes in Tax and Loan Account Balances
(In millions of dollars)
Credits
Balance
Proceeds from sales of securities 2/
Fiscal year
or month
Savings
bonds
and
savings
notes 2/
Retire
ment
plan and
tax and
loss
bonds 2/
Tax
antici
pation
securities
1965............
1966............
1967............
1968............
1969............
1970............
1971............
1972............
1973............
2,635
2,704
2,783
2,673
2,599
2,573
2,844
3,309
3,261
1
1
5
4
5
5
5
9
2,340
7,368
7,643
9,538
10,408
13,043
6,954
6,443
4,413
1973-Mar........
Apr........
Ma y ........
June.......
283
292
291
268
4
2
2
July.......
Aug........
Sept.......
Oct........
Nov........
Dec........
250
239
200
214
211
200
1974-Jan........
Feb........
Mar..........
337
Source:
1/
2/
2/
£/
330
292
Taxes
Witheld,
excise
and cor
poration ij
Other
_
1,627
1,173
9,576
5,417
3,640
42,475
9,369
.6,158
48,478
70,524
90,791
123,906
132,460
131,121
145,797
171,828
-
-
17,417
16,969
14,526
19,871
2
997
1,?39
1,351
817
-
13,905
14,322
17,024
13,570
13,893
18,376
_
_
_
3,967
4
1 2 ,4 2 1
_
-
14,202
15,259
19,289
Office of Fiscal Assistant Secretary; figures 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 own account, or for the account of their
customers who enter subscriptions through them, when this method of
payment is permitted under the terms of the circulars inviting sub
scriptions 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
the depositary banks, as follows: Withheld income taxes beginning
During period
Income (by
special
arrange
ment) 5/
12,598
14,522
9,257
-
-
-
_
-
Total
Credits
With
drawals
End of
period
High
Low
Average
60,050
74,699
91,382
112,583
142,333
151,721
153,346
164,920
185,669
58,540
75,338
97,160
112,741
141,921
149,317
152,900
164,645
184,874
10,689
10,050
4,272
4,113
4,525
6,929
7,372
7,634
8,433
10,872
11,274
9,979
8,004
9,720
7,990
8,532
10,251
10,854
1,844
447
710
1,029
709
894
846
1,737
800
5,431
4,324
3,775
4,191
4,329
4,022
5,146
5,648
5,644
17,704
17,263
14,817
20,141
17,361
17,328
19,817
16,389
9,744
9,683
4,679
8,433
10,254
9,683
9,541
8,694
5,768
1,876
3,904
1,368
8,241
5,921
6,718
4,389
. 14,155
15,558
17,224
14,601
16,043
19,929
18,377
17,551
12,856
17,403
17,156
14,831
4,203
2,217
6,582
3,781
2,666
7,760
8,299
4,248
6,582
6,020
4,781
7,760
2,573
1,622
545
2,615
892
961
4,570
2,254
2,929
4,123
2,536
3,691
14,539
15,589
23,552
14,674
17,644
22,213
7,628
5,579
6,915
8,343
6,906
6,915
3,432
2,731
1^563
5,778
4,438
4,215
March 1948; taxes on employers and employees under the Federal Insur
ance Contributions Act beginning January 1950, and under the Railroad
Retirement Tax Act beginning July 1951; a number 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 FUTA taxe3 beginning April 1970.
5j 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 proce
dure was discontinued in April 1967.
6/ Represents a corrected classification of a December 1972 transaction.
Treasury Bulletin
20
ACCOUNT OF THE U.S. T R EASU RY
Table UST-3. - Summary of Cash Transactions through
the Account o f the U.S. Treasury
(In millions of dollars)
Net cash transactions other than borrowing
Deposits and withdrawals (budget
and other accounts)
Fiscal year
or month
Excess of deposits,
or withdrawals (-)
Clearing
accounts
2/
Total net
transactions
Plus: Net cash borrow
ing, or repayment of
borrowing (-)
Equals: U.S. Treasury
account balance, in
crease, or decrease (-)
Cash
deposits
Cash with
drawals 1/
1965......................
1966......................
1967......................
1968......................
1969......................
1970......................
1971......................
1972......................
1973......................
125,464
141,095
163,036
165,086
201,735
209,924
205,961
228,285
252,207
126,395
142,191
164,591
184,581
201,735
223,648
229,353
244,880
276,736
-931
-1,095
-1,555
-19,495
243
-13,723
-23,393
-16,594
-23,529
-584
-1,075
654
-2,095
-1,928
1,556
1,822
-5,632
2,365
-1,515
-2,171
-901
-21,590
-1,684
-12,167
-21,571
-22,226
-21,164
.3,089
1,968
-3,747
20,525
2,094
14,079
22,466
23,625
23,596
1,575
-203
-4,648
-1,065
409
1,912
895
1,399
2,432
1973-M a r ..................
18,376
26,762
20,852
27,617
24,170
24,759
24,145
23,701
-5,794
2,003
-3,292
3,916
3,775
-174
-2,537.
2,233
-2,019
1,829
-5,829
6,149
3,253
-238
-523
-1,751
1,234
1,591
-6,352
4,398
July.................
Aug..................
Sept.................
21,542
22,414
26,007
20,765
21,535
22,923
25,575
28,051
22,795
26,411
26,180
19,562
-4,033
-5,637
3,212
-5,646
-4,646
3,360
-2,689
1,442
-164
-951
2,435
-921
-6,722
-4,195
3,047
-6,597
-2,211
2,439
1,145
46
2,469
3,786
1,097
3,225
-5,577
-4,149
5,517
-2,811
-1,114
5,665
1974-Jan..................
Feb..................
27,995
22,377
20,088
26,686
23,834
23,756
1,309
-1,457
-3,668
377
-1,087
-40
1,686
-2,544
-3,708
-1,262
-506
-4,641
424
-3,050
932
Fiscal 1974 to date.......
205,645
222,852
-17,207
-1,598
-18,805
14,642
4,163
M a y ..................
Source:
Daily Statement of the United States Treasuiy. Figures in the
first four columns may differ somewhat from those originally published
in the daily Treasury statement because of subsequent reclassification
1/
2/
of certain transactions..
Exclude transactions of clearing accounts,
Previously included under cash withdrawals.
Table UST-4. - Gold Assets and Liabilities o f the Treasury
(In millions of dollars)
End of calendar year or month
Gold assets 1/
10.410 5/
107
118
112
111
112
109
113
107
107
10.410
10,410
10,410
10,410
10,303
10,303
10,303
10,303
107
107
107
107
10,410
11.567
11.567
11,567
10,303
10,303
10,303
11,460
11,460
*11,460
107
107
107
107
107
107
11,567
11,567
11,567
11,460
11,460
11,460
107
107
107
1 0 .4 1 0
1 0 ,4 1 0
1 0 ,4 1 0
Source:
Circulation Statement of United States Money through 1965;
Daily Statement of the United States Treasury thereafter.
2/ Treasury gold stock which excludes gold in Exchange Stabilization
Fund. See “International Financial Statistics.11 Table IFS-1.
2/ Consists of: Gold certificates (Series 1934) issued only to Federal
Reserve banks; gold certificates fund-Federal Reserve System; gold
deposited by and held for the International Monetary Fund from
September 19, 1965 through February 15, 1972; redemption fund for
Federal Reserve notes until March 18, 1968 when it was combined with
the gold certificate fund pursuant to P.L. 90-269, approved March 18,
1968, and gold reserve against U.S. notes until March 18, 1968 when
it was transferred to the public debt also pursuant to P.L. 90-269.
Balance of gold in
U.S. Treasury account
13,626
13,041
11,870
10,256
10,256
10,623
10,019
10,303
10,303
13,733
13,159
11,982
10.367
10.367
10,732
10,132
1974_jan
.......................................................
Feb..........................................................
y
Gold liabilities 2/
2/
{J
5/
y
The United States payment of the $259 million increase in its gold
subscription to the International Monetary Fund, authorized by
P.L. 89-31, approved June 2, 1965 (70 Stat. 119) was made on June
30, 1965.
Gold assets were valued at $35 per fine troy ounce until May 8, 1972,
when they were revalued at $38 pursuant to the Par Value Modification Act,
P.L. 92-268", approved March 31, 1972. The increment amounted to $822
million.
Gold assets were valued at $38 per fine troy ounce until October 18,
1973, when they were revalued at $42 pursuant to the amending of
Section 2 of the Par Value Modification Act, P.L. 93-110, approved
September 21, 1973. The increment amounted to $1,157 million.
April 1974
21
___MONETARY S T A T IS T IC S ^ .
Table MS-1. - Money in Circulation
(In millions of dollars except per capita figures)
Currencies no longer issued
End of
fiscal year
or month
Federal
Reserve
bank
notes
National
bank
notes
Currencies presently
being issued 1/
Gold
certifi
cates 2/
Silver
certifi
cates
Federal
Reserve
notes 2/
Treasury
notes of
1890
United
States
notes
Federal
Reserve
notes ij
Total
currencies
68
64
61
59
57
55
54
53
52
22
21
21
21
20
20
20
20
20
13
4
4
4
4
4
4
4
4
829
582
395
225
223
220
218
215
213
4
1
1
1
1
1
1
1
1
*
*
*
*
*•
*
*
*
*
302
303
300
299
294
297
321
320
320
34,820
37,315
39,289
41,722
44,547
47,626
51,304
54,572
59,664
36,058
38,290
40,071
42,331
45,146
48,223
51,922
55,184
60,273
1972-Dec.........................
52
20
4
214
1
*
320
58,619
59,229
1973-Feb.........................
Mar............. ............
52
52
52
52
52
20
20
20
20
20
4
4
4
4
4
214
214
214
214
2i3
1
1
1
1
1
*
*
*
*
*
320
320
319
320
320
56,796
57,251
58,102
59,106
59,664
57,405.
57,860
58,711.
59,715
60,273
51
51
51
51
51
51
20
20
20
20
20
20
4
4
4
4
4
4
213
213
213
213
213
213
1
1
1
1
1
1
*
*
*
*
*
*
320
320
320
321
321
321
60,072
60,189
60,011
60,790
61,991
64,130
60,681
60,798
60,620
61,399
62,600
64,738
51
51
20
4
*
1
*
321
321
61,529
4
213
212
1
20
62,138
62,723
1966.............................
May.... .....................
July........................
Aug.........................
Sept.......... ..............
Oct.........................
tyov...................... .
•
Coin
End of
fiscal year
or month
Total
Dollars
Total
money in
circula
tion 5/
Fractional
62,114
Money in
circulation
per capita
(in dollars) 6/
coin
482
482
482
482
482
482
482
633
705
3,180
3,782
4,160
4,827
5,308
5,646
5,990
6,383
6,793
3,662
4,264
4,641
5,309
5,790
6,128
6,472
7,016
7,498
39,720
42,554
44,712
47,640
50,936
54,351
58,393
62,201
67,771
204.14
216.10
224.55
236.82
250.65
265.39
282.03
297.84
322.08
1972-Dec.........................
671
6,615
7,287
66,516
317.17
1973-Feb.........................
Mar........ .................
681
685
693
700
705
6,610
6,635
6,689
6,746
6,793
7,291
7,320
7,382
7,446
7,498
64,696
65,180
66,094
67,161
67,771
308.20r
310.33
314.50
319.38
322.10
710
714
718
722
727
733
736
6,832
6,863
6,879
6,922
6,969
7,026
7,542
7,577
7,597
7,644
7,696
7,759
68,223
68,376
68,217
69,043
70,296
72,497 7/
324.03
324.53
323.55
327.26
333.01
343.24
.7,006
7,029
7,742
7,770
69,880
70,493
330.66r
333.42
1967.............................
1968.............................
May.........................
July........................
Sept........................
Oct.........................
1974-Jan.........................
741
Source: Circulation Statement of United States Money through December 1965,
thereafter, Statement of United States Currency and Coin.
1/ Excludes gold certificates, Series of 1934, which are issued only to
Federal Reserve banks and do not appear in circulation.
1/ Issued prior to January 30, 1934.
2/ Issued prior to July 1, 1929.
ij
2/
6/
2/
*
Issued on and after July 1, 1929.
Excludes money h6ld by the Treasury and money held by or for the
account of the Federal Reserve banks and agents.
Based on the Bureau of the Census estimated population.
Highest amount to date.
Less than $500,OCX).
r
Revised.
Treasury Bulletin
22
, FEDERAL DEBT.
Table FD-1. - Summary of Federal Debt
(In millions of dollars)
Securities held by:
Total outstanding
End of
fiscal year
or month
Government accounts
Total
Public
debt
securi
ties
Agency
securi
ties
9,335
13,377
18,455
24,399
14,249
12,510
12,163
10,894
11,109
61,540
64,784
73,819
79,140
87,661
97,723
105,140
113,559
125,381
61,071
64,316
71,809
76,138
84,815
95,170
102,888
111,460
123,385
469
468
2,010
3,001
2,846
2,553
2,251
2,100
1,996
449,298
11,770
119,088
116,897
466,617
470,412
468,148
468,380
469,251
454,838
458,606
457,063
457,338
458,142
11,779
11,806
11,084
11,041
11,109
119,255
120,045
119,939
122,141
125,381
470,121
473,263
472,898
473,964
475,798
481,484
459,003
461,845
461,439
462,476
464,037
469,898
11,118
11,419
11,459
11,488
11,760
11,586
468,184
470,687
11,598
11,581
Total
Agency
securi
ties
1965................
1966................
1967................
1968................
1969................
1970................
1971................
1972................
1973................
326,609
333,284
344,676
371,978
367,969
383,428
410,292
438,154
469,251
317,274
319,907
326,221
347,578
353,720
370,919
398,130
427,260
458,142
1972-Dec............
461,068
1973-Feb............
Mar............
Apr............
May............
June...........
July...........
Aug............
Sept...........
Oct............
Nov............
Dec............
1974-Jan.............
Feb............
.
IMF & Inter
national
lending or
ganizations
1/
Public
debt
securi
ties
479,782
482,268
.
The public 2/
Total
Public
debt
securi
ties
Agency
securi-*
ties
3,455
3,810
3,328
2,209
825
825
825
825
825
261,614
264,690
267,529
290,629
279,483
284,880
304,328
323,770
343,045
252,748
251,782
251,084
269,231
268,080
274,924
294,417
314,976
333,932
8,866
12,909
16,445
21,398
11,403
9,956
9,911
8,794
9,113
2,190
825
341,155
331,576
9,579
117,127
117,992
117,902
120,123
123,385
2,128
2,122
2,037
2,018
1,996
825
825
825
825
825
346,537
349,542
347,383
345,414
343,045
336,887
339,859
338,336
336,390
333,932
9,651
9,683
9,047
9,023
9,113
126,964
130,669
129,740
129,412
129,043
131,602
124,992
128,688
127,776
127,444
127,080
129,641
1,972
1,981
1,964
1,968
1,963
1,961
825
825
825
825
825
825
342,332
341,769
342,333
343,727
345,930
349,058
333,186
332,332
332,838
334,208
336,132
339,432
9,146
9,437
9,495
9,520
9,798
9,625
130,672
133,320
128,706
131,335
1,967
1,985
825
825
348,285
348,123
338,654
338,527
9,631
9,596
Source:
Daily Statement of the U.S. Treasury and Monthly Statement of
Receipts and Outlays of the U.S. Government (prior to fiscal 1973,
Monthly Statement of Receipts and Expenditures of the U.S. Government).
]/ Represents non-interest bearing public debt securities issued to the
International Monetary Fund, and prior to FY 1967 to the International
Development Association, and the Inter-American Development Bank
2/
in recognition of U.S. Government subscription commitments. Since
June 1965 letters of credit have been issued in lieu of the special
notes. All outstanding notes have been converted to letters of
credit with the exception of those for IMF.
Includes holdings of Federal banks.
Table FD-2. Computed Interest Charge and Computed Interest Rate on Interest-Bearing Public Debt
(Dollar amounts in millions)
Computed annual interest rate
Elid of
fiscal year
or month
Total
interestbearing
public
debt
Computed
annual
interest
charge
Marketable issues
Total
interestbearing
public
debt
Total
Bills
1/
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
1972...............
1973...............
313,113
315,431
322,286
344,401
351,729
369,026
396,289
425,360
456,353
11,467
12,516
12,953
15,404
17,087
20,339
20,254
21,545
26,591
3.678
3.988
4.039
4.499
4.891
5.557
5.141
5.093
5.872
3.800
4.134
4.165
4.757
5.232
5.986
5.210
5.099
6.129
4.064
4.845
4.360
5.711
6.508
7.340
4.516
4.188
6.590
1972-Dec...........
447,298
24,006
5.402
5.520
5.079
1973-Mar...........
Apr...........
May...........
June..........
456,787
455,214
455,431
546,353
25,425
25,688
26,067
26,591
5.606
5.685
5.768
5.872
5.794
5.907
6.024
6.129
5.726
6.021
6.302
6.519
July..........
Aug...........
Sept..........
Oct...........
Nov...........
Dec...........
457,217
459,918
459,471
460,587
462,076
467,827
27,288
28,443
28,808
28,846
29,177
29,514
6.018
6.239
6.327
6.377
6.371
6.311
6.628
6.742
6.755
6.847
6.820
7.081
7.788
8.091
8.098
8.144
8.073
1974-Jan...........
Feb...........
lifer...........
466,273
468,629
472,622
29,464
29,413
29,760
6.382
6.337
6.358
6.838
6.765
6.793
8.116
7.886
7.914
Footnotes at end of Table FD-^.
6 .3 2 2
Certifi
cates
Non
market
able
issues 2/
Special
issues
Notes
Treasury
bonds
-
3.842
4.321
4.764
5.294
5.668
6.420
6.519
6.312
6.412
3.642
3.655
3.686
3.681
3.722
3.762
3.759
4.018
4.393
3.493
3.713
3.745
3.876
3.979
4.327
4.608
4.636
5.138
3.372
3.693
3.854
4.133
4.555
5.235
5.375
5.475
5.880
-
6.328
4.309
4.827
5.563
6.387
6.388
6.412
6.412
4.348
4.349
4.392
4.393
4.964
4.995
5.061
5.138
5.690
5.727
5.742
5.880
6.412
6.421
6.447
6.448
6.462
6.462
4.394
4.494
4.496
4.498
4.564
4.566
5.163
5.2a
5.355
5.348
5.343
5.338
6.040
6.154
6.158
6.101
6.067
6.130
6.462
6.443
6.443
4.569
4.643
4.645
5.337
5.*295
5.308
6.128
6* 160
6.156
_
4.851
5.250
-
-
_
_
_
-
_
-
23
April 1974
FEDERAL DEBT.
Table FD-3. - Interest-Bearing Public Debt
(In millions of dollars)
Public issues
End of
fiscal year
or month
Nonmarketable
Marketable
Total
interest
bearing
public
debt
Total
public
issues
Total
Bills
Certif
icates
Treasuiy
bonas
invest
U.S.
savings ment
bonds
series
Depos
itary
bonds
Foreign
Foreign
Currency
series series
securi
securi
ties 1/
ties 2/
Special
issues
Other
Notes
Treasuiy
bands
Total
102,481
101,897
97,418
91.079
78,805
62,956
53,989
49,135
45,071
55,768
55,183
55,459
58,282
58,833
60,103
68,032
78,560
91,644
50,043
50,537
51,213
51,712
51,711
51,281
53,003
55,921
59,518
3,226
2,692
2,589
2,516
2,45?
2,387
2,347
2,310
2,275
59
44
45
30
28
25
23
22
19
1,132
817
624
2,001
1,703
3,389
7,606
16,913
26,781
1,137
957
890
1,740
2,367
1,366
1,664
2,072
1,743
1,601
137
97
282
564
1,656
3,389
1,322
1,407
48,650
51,120
56,155
59,526
66,790
76,323
82,784
89,598
101,738
y
1965.............
1966.............
1967.............
1968.............
1969.............
1970..... ,.......
1971.............
1972.............
1973.............
313,113
315,431
322,*86
344,401
351,729
369,026
296,289
425,360
456,353
264,463
264,3111
266,133
284,874
284,94C
292,702
313,505
335,762
354,615
208,695
209,127
210,672
226,592
226,107
232,599
245,473
257,202
262,971
53,665
54,929
58,535
64,440
68,356
72,154
86,677
94,648
100,061
-
52,549
50,649
49,108
71,073
78,946
93,489
104,807
113,419
117,840
1972-Dec.........
447,298
251,350
269,509
103,870
-
121,507
44,133
81,840
57,579
2,305
22
18,921
1,710
1,304
95,948
1973-Mar........
456,787
455,214
455,431
456,353
360,365
358,854
357,103
354,615
269,775
267,847
265,919
262,971
104,991
103,163
102,953
100,061
-
120,230
120,197
117,839
117,840
44,555
44,487
45,127
45,071
90,590
91,008
91,185
91,644
58,471
58,776
59,133
59,418
2,291
2,290
2,277
2,275
22
21
20
19
26,760
26,755
26,594
26,781
1,578
1,743
1,743
1,743
1,468
1,423
1,419
1,407
96,422
96,360
98,327
101,738
457,217
459,918
459,471
460,587
462,076
467,827
354,223
353,784
354,093
355,516
360,515
360,692
262,708
262,405
262,356
264,047
270,234
270,224
99,860
101,780
99,762
101,577
107,749
107,786
117,840
118,656
120,698
120,669
124,644
124,643
45,008
41,969
41,896
41,801
37,841
37,795
91,513
91,378
91,737
91,953
90,282
90,468
59,652
59,764
59,836
59,953
60,326
60,317
2,275
2,275
2,275
2,275
2,275
2,273
17
17
16
16
16
16
26,420
26,159
26,420
26,175
24,477
24,461
1,746
1,758
1,758
1,586
1,586
1,586
1,403
1,405
1,432
1,464
1,601
1,814
102,996
106,134
105,378
105,071
101,561
107,135
1974-Jan......... , 466,273
Feb.........
468,629
472,622
360,123
360,000
364,157
270,131
269,650
273,596
107,805
107,850
111,859
124,644
126,088
126,088
37,682
35,712
35,648
89,991
90,350
90,562
60,497
60,798
61,097
2,273
2,272
2,272
16
16
16
23,757
23,762
23,602
1,588
1,589
1,597
1,861
1,912
1,977
106,151
108,629
108,465
Apr.........
Ma y .........
July........
Sept.........
Nov.........
1,652
5,160
_
-
-
.
_
-
.
.
-
Source: Daily Statement of the United States Treasuiy.
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 indebted
ness; Treasury bonds from October 1962 - April 1967; and Treasury
notes beginning November 1966 issued and payable in designated foreign
currencies.
2/
Includes Treasury bonds, Rural Electrification Administration series
beginning November 1961; retirement plan bands beginning January 1963;
Treasury certificates beginning June 1973; Treasuiy bonds beginning
December 1969, State and local Government series (certificate of in
debtedness, Treasuiy notes and bands) beginning August 1972; and U.S.
savings notes beginning May 1967 a»d discontinued after June 30, 1970;
Treasury notes beginning December 1972,
Table FD-4. - Maturity Distribution and Average Length of Marketable Interest-Bearing Public Debt
(In millions of dollars)
Maturity Classes
End of
fiscal year
or month
Amount
outstanding
Within
1 year
1-5
years
5-10
years
1965___
1966....
1967___
1968....
1969....
1970....
1971....
1972....
1973....
208,695
209,127
210,672
226,592
226,107
232,599
245,473
257,202
262,971
87,637
89,136
89,648
106,407
103,910
105,530
112,772
121,944
122,803
56,198
60,933
71,424
64,470
62,770
89,615
89,074
89,004
88,223
39,169
33,596
24,378
30,754
34,837
15,882
24,503
26,852
31,111
8,449
8,439
8,425
8,407
8,374
10,524
8,455
9,343
14,477
1972-Dec
269,509
130,*22
88,546
29,143
15,301
1973-Mar..
Apr..
May..
June.
269,775
267,847
265,919
262,971
130,187
128,359
125,697
122,803
95,425
95,392
88,222
88.223
22.356
22.356
29,620
31,111
16,058
16,022
15,996
14,477
5,748
5,718
6,385
6,357
3
3
3
3
yrs.
yrs.
yrs.
yrs.
0
0
3
2
mo.
mo.
mos.
mos.
July.
Sept.
Oct..
Nov..
Dec..
262,708
262,405
262,356
264,047
270,234
270,224
122,602
129,072
129,114
130,940
139,433
141,571
88.223
80,594
80,576
80,535
83,817
81.715
31,108
31,106
31,103
31,102
25,136
25,134
14,457
15,345
15,317
15,269
15,679
15,659
6,318
6,288
6,245
6,201
6,169
6,145
3
3
3
3
3
3
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
2
3
2
1
1
0
mos.
mos. '
mos.
mo.
mo.
mo.
1974-Jan..
Feb..
Mar..
270,131
269,650
273,596
141,590
141,444
145,453
81.716
79.045
79.045
25,132
26,968
26,965
15,596
16,129
16,092
6,098
6,063
6,040
3 yrs. 0 mo.
3 yrs. 0 mo.
2 yrs. 11 mos.
Aug..
Source:
Office of Debt Analysis in the Office of the Secretary.
10 - 20
years
20 years
and over
17,241
17,023
16,797
16,553
16,217
11,048
10,670
10,059
6,357
6,079
Average length
5
4
4
'4
4
3
3
3
3
yrs. 4 mos.
yrs. 11 mod.
yrs. 7 mos.
yrs. 2 mos.
yrs. 0 mos.
yrs. 8 mos.
yrs. 6 mos.
yrs. 3 mos.
yrs. 2 mos.
3 yrs.
1
mo.
Treasury Bulletin
24
FEDERAL DEBT
Table FD-5. - Special Public Debt Issues
End of
fiscal yea:.*
or month
Total
Exchange
Stabilization
Fund
232
560
833
722
Federal
employees 1
retirement
funds
Federal
old-age and
survivors
. insurance
trust fund
Federal
Deposit
Insurance
Corporation
Federal
disability
insurance
trust fund
312
57
85
174
120
74
156
274
263
1,563
1,150
1,376
1,891
3,042
4,435
5,713
6,697
7,488
100
924
52
152
52
199
44
62
*
786
1,192
1,259
1,890
2,583
2,980
2,834
4,172
15,261
14,403
17,840
19,221
21,986
25,939
27,248
29,126
31,424
Federal home
loan banks
Federal
hospital
insurance
trust fund
1965...................... .
1966....... *...............
1967.......... -............
1968................ .......
1969.......................
1970.......... .... „..... .
1971.......................
1972............ ..... .....
1973.......................
48,650
51,120
56,155
59,526
66,790
76,323
82,784
89,598
101,738
1,424
2,934
14,577
15,189
15,569
15,668
17,354
18,931
21,644
24,691
27,894
1972-Dec...................
95,948
2,903
26,110
54
7,083
24
2,799
30,752
May...................
June**,.
96,422
96,360
98,327
101,738
2,925
2,912
2,917
2,934
26,190
26,161
26,165
27,894
227
228
289
263
7,155
7,281
7,201
7,488
10
3
3
*
3,475
3,549
3,680
4,172
31,029
31,316
31,097
31,424
102,996
106,134
105,378
105,071
101,561
107,135
2,936
2,869
2,888
2,839
42
2,869
28,058
27,799
27,748
27,694
27,599
28,249
138
112
293
154
68
68
7,460
7,464
7,514
7,504
7,327
7,540
1
*
■*
*
4,437
4,757
5,241
5,506
5,449
6,379
31,417
33,068
32,017
32,042
31,479
32,1^4
1974-Jan...,...............
Feb..,.,...,,.........
Mar,..................
106,151
108,629
108,465
2,824
2,855
2,868
28,265
28,224
28,105
136
7,480
7,566
7,665
_
6,604
6,670
7,045
31,501
364
366
End of
fiscal year
or month
Federal Savings
and Loan
Insurance
Corporation
Gover *jnent
life insurance
fund
1965....... *.............
1966...... ,...............
1967......................
1968......................
1969...... ,..............
1970......................
1971......................
1972..,.... ..............
1973......................
287
223
3
36
73
80
89
139
81
933
938
814
876
842
797
758
717
690
265
238
722
978
1,513
2,602
3,635
4,456
5,550
5,909
6,113
5,744
5,856
5,754
5,915
6,068
6,155
6,427
963
820
3,123
3,277
3,339
3,303
3,434
3,751
3,852
3,742
3,766
1972-Dec,..,........ .
156
710
4,652
6,339
1,842
81
87
12
81
693
688
680
690
5,184
5,287
5,489
5,550
6,317
6,303
6,292
6,427
91
13
13
52
54'
no
684
678
674
668
663
671
5,787
6,082
6,195
6,157
6,333
6,605
123
74
80
666
662
656
6,721
7,133
7,332
... ..........
July........ ,........
Oct...................
Nov..... ..............
Dec......... .........
1973-Mar........... ......
June.......... ......
July.................
Aug...
............
Sept..................
Dec....... .
Feb,......,.*........
-
1 ,2 4 2
Highway
trust fund
Source:
Daily Statement of the United States Treasury.
Consists of Federal Housing Administration fund; Employees life
insurance fund; Veterans’ special life insurance fund; Veterans'
reopened insurance fund beginning May 1965; Federal supplementary
medical insurance trust fund beginning July 1966; Servicemen’s group
life insurance fund from August 1969 r January 1973; Employees health
2/
National
service life
insurance
fund
Postal
service fund
*
-
Railroad
retirement
accounts
Unemployment
trust fund
33,023
32,899
Other
y
3,406
5,799
7,075
7,785
8,807
9,957
10,520
8,514
7,186
8,330
7,392
287
188
802
583
772
497
842
1,133
1,899
1,727
1,307
1,249
1,057
820
3,135
2,951
3,751
3,766
6,719
6,439
7,777
8,330
1,975
1,906
1,916
1,899
6,420
6,414
6,401
6,386
6,382
6,524
1,867
1,721
1,650
1,511
983
870
3,576
3,591
3,379
3,223
3,216
3,170
8,065
9,236
8,984
8,757
9,267
9,174
2,060
2,328
2,377
2,577
2,699
2,773
6,514
6,511
6,496
581
460
435
3,059
3,048
2,985
8,648
8,916
8,277
3,029
3,123
3,257
_
-
benefits fund beginning October 1970; Export-Import bank of the
United States from February 1967 - October 1968; General Services Admin
istration Participation Certificate Trust; and Washington Metropolitan
Area Transit Authority from November 1972 - March 1973; and Airport and
airway trust fund beginning July 1973.
Less than $500,000.
April 1974
25
.FEDERAL DEBT.
Table FD-6. - Interest-Bearing Securities Issued by Government
(In millions of dollars)
Housing and Urban Development Department
Defense
Department
End of
fiscal year
or month
Total
amount
outstanding
1/
Family Housing
and Homeowners
assistance
Federal
Housing
Admini
stration
Other independent agencies
farm Credit Administration
Federal
National
Mortgage
Assoc. 2/
Government
National
Mortgage
Association
Export-Import
Bank of the
United States
Secondary
market
operations
1,022
1,385
2,164
2,571
2,472
1,893
2.625
1,819
2,221
9,335
13,377
18,445
24,399
14,249
12,510
12,163
10,894
11,109
2,183
2,112
2,036
1,951
1,863
1,775
1,683
1,588
1,484
570
441
492
548
577
517
487
45.4
412
300
2,110
4.830
7,900
8,600
7,320
6,005
4,920
4,480
1972-Dec..
11,770
1,535
456
4.830
2.625
1973-Feb.,
Mar..
Apr.,
May.,
June,
11,779
11,806
11,084
11,041
11,109
1,519
1,511
1,502
1,494
1,484
455
452
445
413
412
4.830
4.830
4.480
4.480
4.480
2,621
2,620
2,234
2,221
2,221
July
Aug.
Sept
Oct.
Nov.
Dec.
11,118
419
420
419
419
416
415
4.445
4.445
4.445
4.445
4,415
4.390
2,218
11,7.60
11,586
1,482
1,470
1,462
1,448
1,445
1,439
1974-Jan.
Feb.
11,598
11,581
1,428
1,420
410
408
4.390
4.390
2.643
2.643
11,488
1,797
3,269
4,079
5,887
1965.....................
1966.....................
1967.....................
1968.....................
1969.....................
1970.....................
1971.....................
1972.....................
1973.....................
1972-Dec.................
1973-Feb.................
Mar.................
June................
Oct.... ............
Nov.................
Postal
Service
_
Tennessee
Valley
Authority
2,818
2,646
Other
Banks for
Federal honw
cooperatives loan banks
2/
1/
1 ,4 1 1
250
250
*
*
3
3
3
3
3
3
•3
250
2,065
3
-
_
_
_
13,165
14,996
18,560
21,087
8,027
17,239
.20
6,673
8,296
8,497
9,058
9,058
9,058
19,403
19,986
20,057
20,226
21,087
6,776
6,758
6,880
6,961
6,956
6,932
9,610
9,612
9,612
10,062
10,062
10,062
20,843
21,187
21,597
22,243
.22,404
23,002
7,031
10,272
10,506
23,131
^3,093
1,964
8,336
5,873
6,720
6,100
6,337
8,754
8,753
9,949
11,549
12,149
250
250
250
250
250
250
2,295
2,303
2,352
2,395
2,405
2,435
3
3
3
. 3
3
3
2,384
2,336
2,586
2,748
2,729
2,695
13,147
14,496
15,996
17,296
17,146
17,146
2,465
2.457
3
3
2,766
2.853
-
6 ,4 8 6
•
16,346
15,682_
-
20
20
20
20
20
20
20
20
20
1,529
1,790
1,805
2,338
2,207
2,210
2,484
2,392
2,338
Source; Bureau of Government Financial Operations.
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. 90-4a 8).
2/ Effective December 31, 1968, banks for cooperatives and Federal in-
4,240
4,942
5,705
6,188
6,673
3
3
3
3
___
1/
Federal
•District of
National
Columbia
Mortgage
Stadium
Association
Fund
2/ 6/
Federal
land
banks
3,532
4,106
4,612
5,319
5,720
6,192
6,652
7,393
9,058
2',095
2,135
2,165
2,175
2,255
3
Federal
intermediate
credit banks
4,757
6,310
4,588
4,702
5,524
9,914
7,923
7,848
12,149
-
250
250
250
250
250
250
______ 2^0
10
Memorandum - Interest -bearing
securities of non-Government agencies lj
225
285
417
525
728
996
1,355
1,855
2,255
_
2,529
2,893
3,363
3,779
709
881
1,072
1,230
2,518
2,518
2,518
Other independent
agencies - (Continued)
End of
fiscal year
or month
Federal
Home Loan
Bank Board
Federal
Intermedi
ate credit
banks 2/
Banks for
cooperatives
1/
196 5
196 6
1967.......
196 8
196 9
197 0
197 1
197 2
197 3
11,419
11,459
Agencies
___ ,
.
-
8,-076
20
20
20
20
20
'
’
...
20
20
20
20
20
20
■
20
■
2°-
termediate credit banks were converted to private ownership pursuant
to provisions of Public Law 90-582, October 17, 1968.
For details of securities outstanding, see Table TSO-6.
Includes Federal Home Loan Mortgage Corporation mortgage backed
bonds beginning November 1970.
Includes mortgage backed bonds beginning June 1970,
Less than $500,000.
26
Treasury Bulletin
.FEDERAL DEBT.
Table FD-7. - Participation Certificates
(In millions of dollars - face amounts)
Agriculture
Department
Fiscal year
or month
1973-Feb..........
Mar..........
May..........
June•••••*••••
July.........
Aug.•«••••••••
Sept..........
Nov..........
Dec..........
Retire Out
standing
ments
Sales
Retire Out
standing
ments
_
_
_
2,181
_
-
_
_
_
_
_
2,181
_
_
_
_
_
_
-
450
761
1,411 3/
570
_
_
-
_
_
_
_
_
.
_
-
_
_
_
-
_
-
-
_
_
-
_
-
_
-
-
-
-
•
-
*
1974-Jan..........
.
Sales
2
1
-
-
577
576
576
576
576
2
173
574
574
574
574
574
401
-
2
-
-
399
399
Out
standing
Retire
ments
Sales
jo6
-
joo
30
180
180
630
1,280
1,315
1,085
440
2,110
4,830
7,900
8,600
7,320
6,005
4,920
4,480
600
525
225
_
-
184
401
80
168
24
600
1,125
1,166
765
685
517
493
-
350
-
4,830
4,830
4,480
4,480
4,480
-
24
-
517
517
493
493
493
35
30
25
4,445
4,445
4,445
. 4,445
4,415
4,390
-
-
-
-
4,390
4,390
-
Out
standing
1,840
2,900
3,250
1,330
_
-
2W
1,022
398
1,385
650 3/ 2,146
2,183
533
369
1,814
321
1,493
268
1,226
618
608
42
576
Retire
ments
Health, Education,
and Welfare
Department 2/
Farmers Home
Administration 1/
Total
Commodity Credit
Corporation
Sales
1965..............
1966..............
1967:.............
1968..............
1969..............
1970..............
1971..............
1972..............
1973..............
Participation certificates issued by GNMA acting as trustee
Export-Import Bank
of the United States
-
-
-
-
-
-
-
-
-
-
"
"
493
493
493
493
493
493
493
493
Sales
Retire
ments
Out
standing
-
-
100
100
15
-
3
3
2
6
2
100
200
212
209
207
201
199
-
_
2
-
201
201
199
199
199
-
-
-
-
-
.
-
_
-
199
199
199
199
199
199
199
199
Participation certificates issued by GNMA acting as trustee - (Continued)
Housing and Urban Development Department
Fiscal year
or month
Office of Secretary
Retire
ments
Sales
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
1972.......... *____
1973...............
1973-Feb...........
Mar...........
May...........
June..........
July..........
Aug...........
Sept..........
Oct...........
Nov...........
1974-Jan...........
Feb...........
_
_
680
1,140
640
_
_
-
_
_
27
324
963
405
34
_
_
_
_
_
•
-
34
_
_
.
-
-
-
_
4
/
Government National
Mortgage Association j>/
Out
standing Sales
_
_
680
1,820
2,433
2,109
1,146
741
707
741
741
707
707
707
707
707
707
707
707
707
707
707
£00
605
740
465
140
-
Retire
ments
Out
standing Sales
_
20
50
50
134
190
81
193
95
200
785
1,475
1,891
1,897
1,707
1,626
1,433
1,338
56
-
1,394
1,394
1,338
1,338
1,338
_
-
19
18
15
-
-
-
Small Business
Administration 6/
1,319
1,319
1,319
1,319
1,301
1,286
1,286
1,286
Source: Bureau of Government Financial Operations.
1/ Includes the Direct Loan program through September 1972, the Agricul
tural Credit Insurance fund beginning October 1972, and the Rural Housing
Loan programs.
2/ Includes Construction of Higher Education Facilities^ Health Professions
Education Fund, and Nurse Training Fund, beginning April 1968.
2/ Includes $107 million refunding transaction,
lj Includes College Housing, Elderly Housing, and Public Facility programs.
5/ Includes Special Assistance, and Management and Liquidating programs.
Retire
ments
Out
standing
Veterans
Administration 2/
Sales
Retire
ments
Out
standing
10
60
60
79
136
99
107
243
iob
975
1,175
1,704
1,885
1,749
1,650
1,543
1,300
1,492
1,492
1,300
1,300
1,300
_
350
520
430
50
-
.
_
70
70
203
225
91
206
41
350
800
1,160
1,007
782
691
485
444
-
41
-
485
485
444
444
444
-
192
-
-
-
-
-
444
444
444
444
444
444
444
444
-
16
12
10
“
6/
2/
§/
10(5
885
260
590
260
-
'
1,284
1,284
1,284
1,284
1,272
1,262
1,262
1,262
(Memorandum)
Commodity Credit Corp.
(net certificates of
interest authorized under
Charter Act) 8/
Sales
Retire
ments
4^
436
167
667
-
99
-
_
- -
Out
standing
"
855
1,021
923
1,590
-
_
_
_
-
_
_
_
_
_
-
-
-
Includes programs for Disaster Loans, and Business Loans and Invest
ments.
Includes Direct Loan and Loan Guaranty programs.
In the case of Commodity Credit Corporation, participation certificates
are called "certificates of interest” and are not included in the
Participation Sales Act of 1966. Amounts shown as sales and retirements
represent the net excess transactions for the period. On July 1, 1969,
the amount outstanding was reclassified as agency securities.
April 1974
27
irp.ng.PAT. DEBT_____________________
Table FD-8. - Debt Subject to Statutory Lim itation
(In millions of dollars)
End of
fiscal year
or month
Total outstanding sub
ject to limitation
Statutoiy
debt
limit
Total
1965...................
1966...................
1967...................
1968...................
1969...................
1970...................
1971...................
1972...................
1973...................
336,000
358,000
377,000
377,000
430,000
450,000
465,000
326,471
350,743
356,932
373,425
399,475
428,576
459,089
1972-Dec...............
465,000
1973-Mar...............
Apr...............
Ma y...............
June..............
3 2 4 ,0 0 0
317,581
3 2 8 ,0 0 0
3 2 0 ,1 0 2
Public debt
securities
Interest bearing debt
subject to limitation
Agency securities
& debt of District
of Columbia 1/
Agency
Public debt
securities
securities
y
590
District of
Columbia 2/
Matured debt and bearing no
interest subject to limitation
Public debt
securities
Agency
securities
569
441
492
3,798
3,827
3,117
1,952
1,919
1,547
3,878
20
4 ,2 1 0
1
457,522
313,113
315,431
322,286
344,401
351,729
369,026
396,289
425,360
456,353
20
512
3,819
3,847
3,137
1,972
1,939
1,567
20
3,673
2,524
1,355
1,262
1,214
1,278
1,168
■*
*
*
*
*
*
*
450,618
448,677
1,941
447,298
1,921
20
1,379
*
465,000
465,000
465,000
465,000
459,923
458,043
458,286
459,089
457,986
456,443
456,718
457,522
1,937
1,600
1,568
1,567
456,787
455,214
455,431
456,353
1,917
1,580
1,548
1,547
20
1,199
1,229
1,288
1,168
July..............
Aug...............
Sept..............
Oct...............
Nov...............
Dec...............
465,000
465,000
465,000
465,000
465,000
475,700
459,958
462,801
462,394
463,432
464,990
470,850
458,384
461,225
460,820
461,858
463,419
469,280
1,574
1,575
1,574
1,574
1,571
1,570
457,217
459,918
459,471
460,587
462,076
467,827
1,554
1,555
1,554
1,554
1,551
1,550
20
1974-Jan...............
Feb...............
M ar...............
475,700
475,700
475,700
469,131
471,631
475,446
467,566
470,069
473,882
1,565
1,563
1,564
466,273
468,629
472,622
1,545
1,543
1,544
316,991
319,641
325,959
346,925
353,084
370,288
397,503
4 2 6 ,6 3 8
462
Source: Daily Statement of the United States Treasuiy.
Note: For debt subject to limitation for fiscal years 1940-1963, see Table
21 of the Statistical Appendix to the Annual Report of the Secretary
of the Treasury on the State of the Finances for fiscal 1§73. For a
summary of legislation on debt limitation under the Second Liberty
1/
Z/
*
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
1,166
1,307
1,349
1,270
1.342
1,453
1,292
1,440
1,259
1
*
*
*
*
•*
*
*
*•
*
Bond Act and the amounts of limitation see Table 32 of the
Statistical Appendix.
Of $3,250 million in participation certificates subject to
limitation issued in fiscal 1 9 6 8 , $1 , 1 3 5 million are now outstanding.
District of Columbia Armory Board Stadium Bonds.
Less than $500,000.
Footnotes to Table FD-2
Source:
Daily Statement of the United States Treasury.
Note: The computed annual interest charge represents the amount of
interest that would be paid if each interest-bearing issue outstand
ing at the end of each month or year should remain outstanding for a
year at the applicable annual rate of interest. The charge is com
puted for each issue by applying the appropriate annual interest rate
to the amount outstanding on that date (the amount actually borrowed
in the case of securities sold at a premium or discount, beginning
with May i9 6 0 ). The aggregate charge for all interest-bearing issues
constitutes the total computed annual interest charge. The average
1/
2/
annual interest rate is computed by dividing the computed annual
interest charge for the total, or for any group of issues, by the
corresponding principal amount. Beginning with data for December 31,
1 9 5 8 , the computation is based on the rate of effective yield for
issues sold at premium or discount. Prior to that date it was based
on the coupon rate for all issues.
Included in debt outstanding at face amount, but discount value is
used in computing annual interest charge and annual interest rate.
On United States savings bonds the rate to maturity is applied against
the amount outstanding.
r
Revised,
Treasury Bulletin
28
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 amount of obligations issued under
authority of that Act, and the face amount of obligations
guaranteed as to principal and interest by the United States,
shall not exceed in the aggregate $400 billion outstanding
at any one time. Public Law 93-173 provides that beginning
on December 3, 1973, and ending on June 30, 1974, the public
debt limit shall be temporarily increased by $75.7 billion.
The Act of June 30, 1967 (Public Law 90-39) provides
that the face amount of beneficial interests and participa
tions issued under section 302(c) 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 deter
mining whether the requirements of the above provisions are
met.
Part A. - Status Under Limitation March 31, 1974
___________________ (In millions of d o l l a r s ) _________________
The statutory debt limit established by the Second Liberty Bond Act, as amended
(31 U.S.C. 757b)............................................................................. ................475,700
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 agencies............................................................
Participation certificates (12 U.S.C. 1717(c))..............................................
473
882
*429
l f l 35
Total amount outstanding subject to statutory debt limitation.............................
4 7 5 ,4 4 6
Balance issuable under limitation.............................................................
254
Part B. - Application of Statutory Limitation March 31, 1974
(In millions of dollars)
Classification
Public debt:
Interest-bearing debt:
Public issues — marketable:
Treasury bills.....................................................
Treasury notes.....................................................
Treasury bonds.....................................................
Total public issues —
marketable................................
Public issues — nanmarketable:
Treasury certificates of indebtedness:
Foreign series...................................................
Foreign currency series..........................................
Treasury notes:
Foreign series...................................................
Foreign currency series...... ,...................................
Treasury bands................................ .....................
Treasury certificates of indebtedness.......................... .
Treasury notes.....................................................
U.S. savings bonds............................ .....................
U.S. savings notes.................................................
U.S. retirement plan bonds.........................................
Depositary bonds..................... ..............................
Treasury certificates of indebtedness, R.E.A. series..............
Treasury bonds, R.E.A. series......................................
Treasury bonds, investment series..................................
Treasury certificates of indebtedness - State and local
Government series............................ ,...................
Treasury notes - State and local Government series.................
Treasury bonds - State and local Government series.................
Total public issues —
Total
outstanding
111,859
126,088
35,648
273,596
9,392
127
14,210
1,470
250
624
59
61,097
483
73
16
7
7
2,272
36
157
281
nanmarketable.............................
Special issues to Government agencies and trust funds..................
108,465
Total interest-bearing debt................. .....................
472,622
Matured debt an 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..................... ....................
336
825
52
48
1
323
71
212
10
Total debt bearing no interest....... ................................
1,541
Total public debt......................... ...........................
474,500
Debt of U.S. Government agencies:
InteresVbearing debt..................................................
Matured debt on which interest has ceased..............................
Total debt of U.S. Government agencies........... ....................
Total public debt and debt of U.S. Government agencies...............
429
_£29_
474,929
Deduct debt not subject to limitation....................................
618
Add participation certificates...........................................
1,135
Total subject to limitation........................................
475,446
Source: Daily Treasury statement.
*
Less than $500,000.
29
April 1974
, FEDERAL DEBT.
Table FD-10. - Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(Tn millions of dollars)
Agriculture Department
End of
fiscal year
or month
Total
Agency
for
Inter
national
Develop
ment 1/
Commodity
Credit
Corpo
ration
1
2
3
28,354
26.964
24,611
27,040
28,164
30,651
31,9^4
33,939
34,237
712
689
662
638
544
512
451
a 16
374
13,111
11,768
10,097
11,989
12,115
12,262
11,977
11,501
10,864
1972-Dec..
32.965
398
1973-Mar.
Apr.
May.
June
33,835
34,784
34,481
34,237
July
Aug.
Sept
Oct.
Nov.
Dec.
1974-Jan.
Feb.
Mar.
196
196
196
196
196
197
197
197
197
5
6
7
8
9
0
Rural
Electri
fication
Adminis
tration
Secretary:
Farmers
Home
Adminis
tration
programs
2/
Housing and Urban
Development
ExportImport
Bank of
Govern
the
United Secretary ment
Other
National
States
Mortgage
6/
2/
Assn. 5/
1,235
1,436
1.415
1,454
1,583
1.416
1,391
1,606
1,610
362
720
1,586
783
1,743
1,888
10,655
4,075
4,234
4,518
4,770
5,045
5,328
5,746
6,051
6,563
6,252
1,359
390
390
390
374
10,883
10,954
10,937
10,864
6.465
6.465
6.465
6.563
36,236
36,599
37,025
33,840
33,816
34,152
367
367
367
367
367
356
12,454
12,630
12,592
9,477
9,731
9,724
34,198
34,202
34,086
356
356
356
9,240
9,104
9,009
Tenn-
Transpor
tation
Dept.
Saint
Valley Lawrence
Author Seaway
Develop
ity
ment
Corp.
Veterans
Adminis
tration:
Direct
loan
program
Under
Defense
produc
tion
Act
of 1950
Other
8/
1/
1,176
2,753
3,133
2,670
1,937
1,570
2,261
3,602
3,914
3,963
4,028
1,899
1,466
1,329
1,950
2,427
3,133
3,552
3,781
3,053
3,833
10
25
10
15
10
223
665
1,641
1,001
95
100
100
100
100
100
100
100
100
100
124
125
125
129
133
133
130
127
123
124
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
2,056
2,023
1,850
1,854
2,032
1,996
2,010
2,010
2.014
2.014
51
72
90
118
148
183
250
294
315
296
1.709
1.709
1.709
1,610
1,338
1,881
1,993
1,888
4,061
4,091
4,023
3,963
3,545
3,390
3.052
3.053
1,181
1.641
1.641
1.641
100
100
100
100
123
123
123
123
1.730
1.730
1.730
1.730
2.014
2.014
2.014
2.014
296
296
304
315
6.563
6.563
6.563
6.563
6.563
6.763
1,610
1,610
1,610
1,610
1,610
1,610
1,979
1,875
2,028
2,051
1,828
2,072
4,003
4,020
4,120
4,120
4,028
4,037
3,341
3,624
3,679
3,587
3,462
3,364
1.641
1.641
1.804
1.804
1.964
1.964
100
100
100
100
100
100
122
122
121
121
121
121
1.730
1.730
1.730
1.730
1.730
1.730
•2,015
2.015
2.015
2.015
2.015
2.015
310
302
295
295
295
295
6.763
6.763
6.763
2,010
2,010
2,160
2,181
2,336
2,083
4,067
4,081
3,248
3,211
3,075
2,068
2,068
2,242
100
100
100
121
121
121
1.730
1.730
1.730
2.015
2.015
2.015
300
307
316
513
178
Source: Daily Statement of the United States Treasuiy
Note: These securities were issued to the Treasury in exchange for ad
vances by the Treasury from public debt receipts under congressional
authorization for specified government corporations and other agen
cies to borrow from the Treasury. Further detail may be found in
the 1973 Statistical Appendix to Annual Report of the Secretary of
the Treasury, pages 310-16, and the 1973 Combined Statement of
Receipts, Expenditures and Balances of the United States Government,
pages 549-551.
*1/ And predecessor agencies. Beginning fiscal 1957 figures exclude
notes previously issued by the Administrator in connection with
informational media guaranties. The obligation for these notes was
assumed by the Director of the United States Information Agency,
pursuant to the act approved July 18, 1956 (22 U.S.C. 1442), and
the notes together with others issued for the same purpose are
included in "Other."
2/ Farm housing and other loan programs,Agricultural Credit Insurance
Fund (formerly Farm Tenant Mortgage Insurance Fund), Rural
Housing Insurance Fund, and Rural Development Insurance Fund.
2/ Includes securities transferred from the Reconstruction Finance
Corporation.
£/ Consists of notes issued to borrow for: The urban renewal program
(formerly slum clearance program); college housing loans; public
facility loans; Low Rent Public Housing Fund; and advances for
National Flood Insurance Fund.
3/ Consists of liabilities taken over by the Association from the
Secretary in accordance with the act approved August 2, 1954, and
4,115
6/
2/
8/
notes issued by the Association under authority of that act (12 U.S.C.
1719 (c), 1720 (d), and 1721(d)) and also securities transferred
from the Reconstruction Finance Corporation.
Public Housing Administration 1960-1963; Federal Housing Administra
tion beginning January 1966; Housing Assistance Administration from
September 1968 - December 1969.
Consists of notes of: The Administrator, General Services Adminis
tration, for defense materials procurement; the Secretary of
Agriculture; the Secretary of Interior (Defense Minerals of Exploration
Administration); and the Secretary of the Treasury through May 1964.
Consists of notes issued by the: United States Information Agency
for informational media guaranties (see footnote 1); Secretary of
Commerce (Maritime Administration) for the Federal Ship Mortgage
Insurance Fund, fiscal years 1963-67 and Federal Ship Financing Fund
(N0AA), beginning December 1972; Virgin Islands Corporation from
September 1959 - September 1968; District of Columbia Commissioners
for the Stadium Sinking Fund beginning December 1971; Secretary of
the Interior (Bureau of Mines) for development and operation of
helium properties beginning May 1964; Bureau of Commercial Fisheries
for Federal Ship Mortgage Insurance Fund, Fishing Vessels from
January 1966 - May 1967; and revenue bonds for Smithsonian Institu
tion (John F. Kennedy Center Parking Facilities) beginning July 1968;
Secretary of Transportation fWashington Metropolitan Area Transit
Authority) beginning December 1972; Health, Education,and Welfare,
Office of Education (Student Loan Insurance Fund )from May 1973-August 1973;
Rural Telephone Bank beginning January 1974.
30
Treasury Bulletin
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, 1974
(In millions of dollars)
Amount of maturities
Amount of maturities
Year
and
month
of final
maturity
1/
Year
and
month
of final
maturity
v
Held by 2/ Description
U.S. Govt,
accounts and All
Federal Re other
serve banks investors
Total
Held by 2/ Description
Total
U.S. Govt,
accounts and
Federal Re
serve banks
All
other
Investors
1979
Apr.
Note Bill -'
Bill
7.452$
Bill
(Tax; ant
ant,
Bond _
Note _
May.
4-1/4$
7-1/4$
Jun.
7.790$
8.306$
Aug..
4/1/74-EA
1-1/2$
6.765$
7.830$
5-5/8$
Sept.
34
r 2,007*\
| 1,002 I
4/19/74
2
402
32
2,847
4,334
5/15/74
5/15/74-D
f^ooo'l
\2,523j
Bill
6/21/74
Bill
(Tax ant. )
Note 8/15/74-B
:}
Note -
9/30/74-E
527
1,030
2,320
3,304
149
4,374
10,284
5,884
4,400
2,060
148
1,912
Oct..
1-1/2$
Note -
10/1/74-E0
42
-
42
5-3/4$
3-7/8$
Note Bond -
11/15/74-A
11/15/74
5,442
1,213
2,229
145
3,213
1,068
Dec.
5-7/8$
Note -
12/31/74-F
2,102
74
2,028
37,406
10,590
26,816
2,445
1,066
Total..
5-3/4$
5-7/8$
Note Note -
2/15/75-A
2/15/75-E
4,015
1,222
1,570
156
Apr.......
l/-l/2$
Note -
4/1/75-EA
8
-
8
Ma y.......
6$
5-7/8$
Note Note -
5/15/75-B
5/15/75-F
6,760
1,776
4,526
155
3,234
1,621
Aug.......
5-7/8$
Note -
8/15/75-C
7,679
2,757
4,922
Sept......
8-3/8$
Note -
9/30/75-G
2,042
54
1,988
Oct.......
1-1/2$
Note -
10/1/75-E0
30
-
30
Nov.......
7$
Note -
11/15/75-D
3,115
757
2,358
28,378
233
10,208
1,498
18,170
3,739
4,945
2,857
1,250
882
3,695
Dec.......
1976
Feb.......
7$
Note -
12/31/75-H
1,731
Total...
6-1/4$
5-7/8$
Note Note -
2/15/76-A
2/15/76-F
Apr....... 1-1/2$
Note -
4/1/76-EA
27
-
27
M ay ....... 6-1/2$
5-3/4$
Note Note -
5/15/76-B
5/15/76-E
2,697
2,802
827
582
1,870
2,220
7-1/2$
6-1/2$
Note Note -
8/15/76-C
8/15/76-G
4,194
3,883
1,656
1,888
2,538
1,995
Aug.......
6-1/4$
6-5/8$
7$
Note
Note
Note
8/15/79-A
11/15/79-B
11/15/79-C
Total.
^1,516^
Nov..
1975
Feb.......
Aug.
Nov.
4,123
1980
Feb..
2/15/80
2,573
863
1,710
5/15/80-A
7,265
5,501
1,764
Nov..
3-1/2$
Bond
11/15/80
1,896
11,734
754
7,118
1,142
4,610
2/15/81-A
8/15/81
1,842
807
2,649
460
407
867
1,382
400
1,782
Total.......
1
1981
Feb..
Aug..
Note •
Bond •
Total.......
1982
Feb..
6-3/8$
Bond •
2A5/82
2,702
1,068
1,634
1983
June.
3-1/4$
Bond •
6/15/78-83
1,477
279
1,198
1984
Aug..
6—3/8$
Bond <
8/15/84
2,353
1,393
960
3-1/4$
4-1/4$
Bond
Bond
5/15/85
5/15/75/85
943
224
719
1,201
513
737
688
1,407
877
339
1985
May.
2,144
Total.......
Nov..
1,216
11/15/86
6-1/8$
Bond -
1990
Feb..
3-1/2$
Bond
2/15/90 ;
3,932
1,142
2,790
Aug.
4-1/4$
Bond
8/15/87-92 ;
3,678
1,434
2,244
4$
6-3/4$
Bond
Bond
2/15/88-93 !
2/15/93
227
627
70
164
157
463
7-1/2$
Bond -
8/15/88-93
i
1,914
2,768
1,116
1,350
798
1,43.8
5/15/89-94 !
1,456
556
900
2/15/95 1
827
137
690
692
253
439
3,066
872
2,194
3,758
1,125
2,633
10/1/76-E0
11
-
11
4,325
26,623
326
9,386
3,999
17,237
5,163
5
3,061
2,102
5
Aug.
4/1/77-EA
1994
May.
4-1/8$
Bond -
122£
Feb.
3$
Bond
1998
May.
7$
Bond -
5/15/93-98 ,
3-1/2$
Bond .
11/15/98
May......
6-7/8$
Note -
5/15/77-C
2,565
464
2,101
Aug..... .
7-3/4$
Note -
8/15/77-B !
4,918
1,611
3,307
Oct.......
1-1/2$
Note -
10/1/77/E0
j
17
-
17
12,668
5,136
7,532
*
8,389
3,388
5,001
1
i
15
3
-
15
-
3
J
8,207
3,606
4,601
16,614
6,994
9,620
Total.,.
1978
Feb.......
6-1/4$
Note -
2/15/78-A
Apr.......
1-1/2$
Note -
4/1/78-EA
Oct........ 1-1/2$
Note -
10/l/78-E0
Note -
II/1 5 / 7 8 -B
Nov.......
6$
Total...
1993
Feb.
Total..
Nov.
i
.... *...... 1
Source:
Daily Treasury statement and Office of Debt Analysis in the
Office of the Secretary.
1/
For issue date of each security, see "Market Quotations on Treasury
Securities."
5,177
Note
11/15/76-D
-
3,227
Bond
Note -
2/15/77-A 1
8,404
6-7/8$
Note -
Note Note -
2,774
514
1,889
4$
Oct....... 1-1/2$
8$
1-1/2$
1,785
1,090
352
May..
Nov....... 6-1/4$
Total...
1977
Feb......
Apr......
4,559
1,604
2,241
Total.......
i/
|
Beginning with February 1969 Treasuiy Bulletin, the definition of
U.S. Government accounts and all other investors is in conformity
with the unified budget concept.
A pril 1974
31
.PUBLIC DEBT OPERATIONS
Table PDO-2. - Offerings of Treasury Bills
(Amount in millions of dollars)
Description of new issue
Number of
days to
maturity 1/
Issue date
Maturity
date
Amount of
bids
tendered
Amount of bids accepted
Total
amount
On competi
tive basis
)n noncompeti
tive basis 2/
Amount
maturing on
iccuc uauc
of new
offering
Total
unmatured
issues out
standing after
new issues
4 6 ,8 4 6 . 4
2/
3/
Regular weekly:
('13-week and 26-week)
1973-Dec.
6 .................
13 .................
f
\
2,163.1
1,638.6
348.7
162.2
2,502.3
1,807.4
Mar. 14
June 13
91
182
3,634.2
3,555.1
2,501.8
1,801.3
2,167.8
1,615.5
334.0
185.8
2,491.5
1.800.8 3/
32,494.3
4 6 ,8 4 6 . 8
2,176.4
1,627.6
325.5
171.4
2,502.3
1,800.9
2/
32,493.8
46,845.0 3/
2,240.7
1,677.8
283.3
124.0
2,503.1
1,801.1
2/
32,514.9
46,845.6
2/
2,501.3
,8 0 1 . 0
2/
32,514.5
46,847.1
2/
2/
32,516.4
46,854.9
2/
2/
32,516.4
46,865.6
2/
2/
32,516.4
46,861.3
2/
2/
Mar. 28
June 27
91
182
3,363.2
2,937.4
2,501.9
1,799.0
2,524.0
1,801.7
Apr.
July
4
5
91
183
3,398.0
3,009.0
2,501.1
1,802.5
2,225.7
1,660.7
275.4
141.8
1
\
Apr. 11
July 11
91
182
3,621.5
3,595.7
2,504.5
1,809.5
2,125.7
.1,580.0
378.8
229.5
2,502.6
1,801.7
17
1
\
Apr. 18
July 18
91
182
3,778.0
3,602.6
2,502.1
1,811.5
2,079.4
1,553.0
422.7
258.5
2,502.1
1,800.7
OJ ................
j
I
Apr. 25
July 25
91
182
4,225.8
4,169.5
2,505.4
1,797.6
2,111.4
1,544.9
394.0
252.7
2,499.3
1,802.0
May 2
Aug 1
91
182
6,395.9
3,944.lr
3
91
182
4,503.4
2,855.8
2,506.8
1,803.3
2,504.6
1,802.4
2,122.7
1,565.3
2,096.9
1,598.8
384.1
238.1
407.8
203.7
2,511.4
1 ,8 0 1 . 0
2,500.9
1,801.6
May 16
Aug. 15
91
182
3,766.9
3,l65.4r
2,501.9r
l,799-3r
2,117.2
1,625.2
3 8 4 .7r
174.lr
2,502.6
1,806.9
46
May 23
Aug. 22
91
182
4,133.7
3,533.3
2,502.8r
l,797.4r
2,131.9
1,657.0
370.9r
140.5
2,452.1
1,801.5
32,571.7r
46,853.Or
May. 30
Aug. 29
91
182
3,784.2r
3,727.Or
2,503.1r
1,802.Or
2,087.6
1,625.6
415.5r
176.4r
2,502.9
1,800.3
32,571.9r
46,854.6r
June 6
Sept. 5
June 13
Sept.12
June 20
Sept. 19
June 27
Sept.26
91
182
91
182
91
182
91
182
3,317.1
4,363.9
5,175.1
3,448.5
3,764.1
3,073.2
3,395.9
3,333.7
2,500.7
1,804.9
2,501.9
1,801.9
2,501.0
1,801.1
2,501.3
1,801.2
2,112.0
1,639.8
2,081.9
1,578.2
2,056.8
1,603.6
2,061.3
1,593.6
388.7
165.2
420.0
223.7
444.2
197.5
440.0
207.6
2,511.8
1,808.5
2,501.8
1,802,3
2,501.9
1,803.3
2,524.0
1,802.6
32,560.8
46,851.0
32,560.8
46,850.6
32,560.0
4 6 ,8 4 8 . 5
32,537.3
46,847.1
Apr. 19
Apr. 19
June 21
169
140
203
4,716.0
2,507.8
3,101.2
2,007.2
1,001.9
1,999.7
1,482.0
918.1
1,813.0
525.2
83.8
186.8
“
-
2,007.2
3,009.1.
5,008.8
Apr. 19
June 21
46
84
3,773.7
5,040.9
1,516.1
2,522.6
1,285.3
2,105.7
230.8
416.9
-
6,525.0
9,047.6
/
O
7 ..............
f
May
Aug.
\
14................
21................
J
\
f
^
28................
f
\
7 ................
f
1
'
11
\
r
28................
Tax anticipation:
1973-Nov.
1 .................
30.................
'
P
(
4 .................
29.................
One-Year and 52-week:
3 1 .................
’
,
9
-
f
1974-Jan. 15
349
3,072.2
1,804.0
2/
7
V.
\
1974-Mar.
1973-Jan.
2,511.8
1,800.7
4,761.9
3,041.9
1 0 ................
Mar.
3,598.5
3,097.8
91
182
f
1
27.................
Feb.
91
182
Mar. 21
June 20
20.................
«Af1i Ta w
32,483.9
7
6
f1974-Mar.
\
June
,
32,517.9
46,863.71/
32,521.6
46,864.5
32,521.Or
,857.Or
1,760.1
43.9
1,700.3
21,019.3.
1,700.7
21,119.7
Feb.
28.................
Feb. 12
349
3,254.7
1,801.1
1,773.0.
28.1
Mar.
3 1 .................
Mar. 12
346
3,011.4
1,790.3
1,745.7
44.6
1,701.9
21,208.0
Apr.
9
344
3,335.4
1,801.8
1,760.0
41.$
1,700.0
21,309.8
May
7
341
3,936.6
1,800.4
1,764.0
36.4
1,701,1
21,409.1
July
3 1 .................
Aug.
2 8 .................
Oct.
Nov.
9 V
.............
June
4
339
3,193.4
1,800.8
1,744.7
56.1
1,701.1
21,508.8
July
2
336
2,984.7
1,802.0
1,726.5
75.5
1,701.5
21,609.3
Aug. 27
1,803.4
21,610.7
1,800.5
21,612.4
364
3,061.9
1,804.8
1,682.0
322.8
Sept.24
364
3,046.9
T,802.2
1,715.2
87.0
July 30
294
4,209.3
1,804.4
1,705.4
99.1
1,801.8
1,751.8
50.0
1,802.5
23,416.9
23,416.2
23.................
Oct. 22
364
4,277.2
20.................
Nov. 19
364
3,437.1
1,800.6
1,768.0
32.7
1,802.0
23,414.8
Dec. 17
364
3,588.2
1,802.5
1,769.5
33.0
1,800.5
23,416.9
3,221.9
1,802.4
1,744.6
57.8
1,804.0
23,415.3
1,801.1
23,416.3
1,790.3
23,427.1
1974-Jan.
15.................
1975-Jan. 14
364
Feb.
12 .................
Feb. 11
364
3,103.3r
1,802.1
1,756.6
45.5
364
3,358.8
1,801.1
1,764.5
36.6
Mar.
I
12 .................
Mar. 11
Treasury Bulletin
____________PUBLIC DEBT OPERATIONS.
J ___________
Table PDO-2. - Offerings of Treasury Bills - (Continued)
On competitive bids accepted
On total bids accepted
Issue date
Average price
per hundred
High
Equivalent average
rate 1/
Price per hundred
(Percent)
Regular weekly:
(13-week and 26-week)
1973-Dec.
Feb.
Equivalent rate 5/
Price per hundred
Equivalent rate j>/
(Percent)
(Percent)
7.220
7.647
98.122
96.056
7.429
7.801
7.335
7.495
98.123
96.184
7.425
7.548
7.3.15
7.101
98.134
96.361
7.382
7.198
8/
7.247
7.249
98.119
96.284
7.441
7.350
98.143
96.289
10/
7.346
7.300
98.116
96.239
7.453
7.399
7.616
7.561
98.092
96.198
12/
7.548
7.520
98.067
96.174
7.647
7.568
J 97.982
\ 96.023
7.982
7.866
97.993
96.049
£2/
7.940
7.815
97.973
96.016
8.019
7.880
24..................
f 97.979
. \ 96.047
7.994
7.819
97.993
96.051
7.940
7.811
97.977
96.044
8.003
7.825
31..................
\ 96.200
f 98.034
7.777
7.516
98.040
96.210
7.754
7.497
98.030
96.195
7.793
7.526
7 ..................
f 98.243
\ 96.589
6.951
6.747
98.253
96.618
i£/
6.911
6.690
98.237
96.567
6.975
6.791
14 ..................
\ 96.521
7.080
6.881
98.232
96.546
15/
6.994
6.832
98.203
96.502
7.109
6.919
7.002
6.765
98.219
96.558
7.046
6.808
6 ..................
/ 98.140
\ 96.074
7.359
7.765
98.175
96.134
13..................
1 98.133
\ 96.193
7.386
7.531
98.146
96.211
20..................
J 98.138
\ 96.378
7.367
7.165
98.151
96.410
27..................
f 98.143
\ 96.302
7.346
7.314
98.168
96.335
j 98.128
\ 96.253
7.407
7.372
10..................
f 98.075
\ 96.178
17..................
/
98.210
.
1/
{
96.569
7.019
6.787
98.230
96.580
J
1
98.183
96.420
7.187
7.081
98.198
96.440
16/
7.129
7.042
98.170
96.413
7.240
7.095
/
98.060
\ 96.175
7.674
7.566
98.091
96.192
W
W
7.552
7.532
98.048
96.166
7.722
7.584
14..................
/ 97.998
( 96.139
7.918
7.638
98.003
96.160
20/
20/
7.900
7.596
97.995
96.123
7.932
7.669
21..................
f 97.966
( 96.015
8.047
7.882
98.003
96.085
22/
23/
7.900
7.744
97.953
95.994
8.098
7.924
28..................
f 97.902
( 95.839
8.298
8.230
97.932
95.867
24/
25/
8.181
8.175
97.882
95.830
8.379
8.248
96.824
6.765
96.882
6.642
96.787
6.844
f 96.955
7.830
7.790
97.042
95.711
7.773
7.720
97.007
95.611
7.865
7.900
21..................
28..................
Mar
Low
7
f 98.226
Tax anticipation:
30 ..................
^ 95.607
26/
4 ..................
99.048
7.452
99.106
6.997
99.027
7.615
29..................
One_-year_aad ?%-yeek:
98.062
8.306
98.086
27/
8.203
98.050
8.357
1973-Jan. 3 1 ..................
94.197
5.986
94.261
2£/
5.920
94.144
6.041
Feb. 28..................
94.134
6.050
94.203
5.980
94.107
6.079
Mar. 3 1 ..................
93.642
6.616
93.741
6.512
93.606
6.653
Apr. 3 0 ..................
93.695
6.598
93.755
6.535
93.674
6.620
May
31 ..................
93.542
6.818
93.587
6.770
93.512
6.850
June 3 0 ..................
93.187
7.235
93.220
20/
7.200
93.168
7.255
8.392
92.210
21/
8.346
92.135
8.427
1974-Mar.
22/
July 3 1 ..................
92.167
Aug. 28 ..................
91.519
8.387
91.555
22/
8.352
91.483
8.423
Sept.25..................
91.853
8.057
91.931 22/
7.980
91.782
8.128
Oct.
9 . 4 / ..............
93.710
7..702
93.780 24/
7.616
93.678
7.741
23..................
92.789
7.132
92.799
7.122
92.779
Nov. 20..................
92.206
7.708
92.282 25/
7.633
92.157
Dec. 18..................
93.043
6.880
93.046
6.878
93.013
6.910
7.017
7.142
•
7.757
1974-Jan. 15..................
92.975
6.948
93.038
6.885
92.905
Feb. 12..................
93.588
6.342
93.638
6.292
93.536
6.393
Mar. 1 2 ..................
93.026
6.897
93.079
6.845
92.973
6.950
Footnotes on following page.
33
A pril 1974
FEDERAL FISCAL OPERATIONS
Footnotes to Table PDO-2
Source:
Daily Treasury statement; Bureau of the Public Debt,
l/ The 13-week bills represent additional issues of bills with an
original maturity of 26-weeks.
2/ For 13-week, 26-week, and one-year issues, tenders for $200,000 or
less from any one bidder are accepted in full at average prices of
accepted competitive bids; for other issues, the corresponding
amount is stipulated in each offering announcement.
Includes strip bills issued November 14, 1973.
42-week issues.
Bank discount basis.
Except $10,000 at 96.148.
Except $500,000 at 98.192.
Except $1,000,000 at 96.486, $1,000,000 at 96.481, $3,200,000 at
96.476 and $1,100,000 at 96.471.
Except $315,000 at 98.166.
Except $120,000 at 96.296.
Except $15,000 at 98.114 and $20,000 at 98.099.
Except $500,000 at 96.208.
Except $500,000 at 96.097 and $500,000 at 96.067.
Except $3,140,000 at 96.638.
Except $10,000 at 96.570.
Except $20,000 at 99.928 and $10,000 at 98.226.
XL/ Except $10,000 at 96.558 and $510,000 at 96.450.
W
Except $10,000 at 98.183 and $840,000 at 98.121.
22/ Except $15,000 at 96.440, $290,000 at 96.208 and $500,000 at 96.198.
2Q/ Except $30,000 at 98.083 and $50,000 at 98.060.
Z U Except $2,700,000 at 96.180 and $10,000 at 96.175.
22/ Except $60,000 at 98.040.
22/ Except $15,000 at 96.127.
2jJ Except $225,000 at 97.960 and $185,000 at 97.939.
Except $250,000 at 95.931.
26/ Except $250,000 at 97.070.
27/ Except $300,000 at 98.098 and $300,000 at 98.091.
£8/ Except $400,000 at 94.816 and $230,000 at 94.280.
22/ Except $320,000 at 93.789.
30/ Except $300,000 at 93.286 and $470,000 at 93.234.
21/ Except $10,000 at 93.145, $3,150,000 at 92.254, and $260,000 at
92.219.
22/ Except $1,200,000 at 91.573.
Except $30,000 at 92.000 and $3,000,000 at 91.951.
% / Except $200,000 at 94.331, $10,000 at 94.010, $210,000 at 93.916
and $35,000 at 93.785.
22/ Except $1,000,000 at 92.315 and $1,000,000 at 92.295.
r Revised.
22/
22/
Treasury Bulletin
34
PUBLIC DEBT OPERATIONS.
Table PDO-3. - New Money Financing through Regular Weekly Treasury Bills 1/
(Dollar amounts in millions)
Description of issue
Number of
days to
maturity
Maturity
date
Issue
date
C 1970-0ct.
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
of bids
accepted 2/
(Percent)
New money
Increase, or
decrease (-)
Dec.
1
31
91
182
$2,357
2,659
$1,807
1,303
6.422
6.602
Oct.
1971-Jan.
8
7
91
182
2,381
2,170
1,801
1,311
6.643
6.657
16.
1970-0ct.
1971-Jan.
15
14
91
182
2,916
2,873
1,803
1,305
6.547
6.644
100
23.
1970-0ct.
1971-Jan.
22
21
91
182
3,014
2,458
1,802
1,300
6.385
6.442
95
30.
1970-0ct.
1971-Jan.
29
28
91
182
2,662
2,465
1,801
1,301
6.347
6.429
100
6.
1970-Nov.
1971-Feb.
5
4
91
182
2,632
2,056
1,811
1,300
6.414
6.495
107
13.
1970-Nov.
1971-Feb.
12
11
91
182
2,499
2,476
1,801
1,303
6.511
6.681
100
20.
1970-Nov.
1971-Feb.
19
18
91
182
2,946
2,515
1,803
1,298
6.526
6.587
114
27.
1970-Nov.
1971-Feb.
27
25
92
182
2,660
2,588
1,791
1,403
6.197
6.338
91
2«
"1970-Dec.
1971-Mar.
3
4
91
182
2,380
2,075
1,802
1,400
6.342
6.507
99
10.
1970-Dec.
1971-Mar.
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
24.
1970-Dec.
1971-Mar.
24
25
91
182
2,992
2,525
1,805
1,395
5.955
6.241
97
1.
1970-Dec.
1971-Apr.
31
1
91
182
2,453
2,486
1,801
1,401
5.809
6.373
94
8.
Jan.
Apr.
7
8
91
182
2,449
2,562
1,802
1,402
6.024
6.412
99
15.
Jan.
Apr.
14
15
91
182
2,780
3,444
1,802
1,404
6.029
6.224
103
22.
Jan.
Apr.
21
22
91
182
3,156
2,100
1,801
1,401
5.943
6.129
98
29.
Jan.
Apr.
28
29
91
182
2,615
2,909
1,800
1,401
5.830
6.117
99
5.
Feb.
May
4
6
91
182
3,230
2,448
1,830
1,402
5.655
5.772
120
12.
Feb.
May
11
13
91
182
2,877
2,940
1,803
1,401
5.461
5.653
101
19.
Feb.
May
18
20
91
181
2,940
'3,272
1,801
1,403
5.283
5.405
98
27.
Feb.
May
25
27
90
181
2,839
2,470
1,901
1,400
4.759
4.855
209
3.
Mar.
June
4
3
91
182
3,527
2,320
1,903
1,399
5.083
4.979
194
10.
lifer.
Julie
11
10
91
182
2,841
2,069
1,901
1,401
4.883
4.874
194
Mar.
June
18
17
91
182
2,883
2,343
1,901
1,400
4.776
4.785
197
24.
Mar.
June
25
24
91
182
2,928
2,364
1,910
1,404
4.726
4.765
206
31.
Apr.
July
1
1
91
182
2,646
2,010
1,904
1,402
4.830
4.836
202
1971-Mar.
25.
June
Sept.
24
23
91
182
2,959
2,648
1,900
1,602
3.330
3.482
197
Apr.
1.
July
Sept.
1
30
91
182
2,885
2,672
1,900
1,600
3.522
3.695
195
8.
July
Oct.
8
7
91
2,795
2,600
2,000
1,601
3.704
3.755
196
182
1970-July
2,
9,
July
Aug.
Sept.
Oct.
Nov.
Dec.
17.
Footnotes at end of table.
S
(
.
.
}
}
$108
102
, PUBLIC DEBT OPERATIONS,
>-3. - New Money Financing through Regular Weekly Treasury Bills 1/ —Contini
(Dollar amounts In millions)
,ion of issue
Number of
days to
maturity
Maturity
date
' 1971-July
Oct.
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
of bids
accepted 2/
(Percent)
xtaney
sase,
sase i
15
14
91
182
$3,111
2,618
$2,001
1,600
4.038
4.141
1193
Sept.
Dec.
23
23
91
182
3,044
2,670
2,203
1,603
4.954
5.133
101
Sept.
Dec.
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
” 1971-Oct.
1972-Jan.
21
20
91
182
4,091
2,982
2,302
1,601
5.546
5.724
99
" 1971-Oct.
1972-Jan.
28
27
91
182
4,4a
3,609
2,313
1,601
5.556
5.833
110
' 1971-Nov.
1972-Feb.
4
3
91
182
3,802
3,399
:2 , 3 0 1
1,601
5.273
5.618
94
’ 1971-Nov.
1972-Feb.
11
10
91
182
3,561
2,742
2,300
1,600
5.371
5.769
98
” 1971-Nov.
1972-Feb.
18
17
91
182
3,269
2,877
2,302
1,600
4.923
5.203
298
1971-Nov.
( 1972-Feb.
26
24
92
182
3,713
2,817
2,301
1,600
4.748
4.859
198
1971-Dec.
1972-Mar.
2
2
91
182
3,769
2,616
2,300
1,600
4.551
4.771
197
’ 1971-Dec.
1972-Mar.
9
9
91
182
3,259
2,679
2,303
1,602
4.536
1971-Dec.
1972-Mar.
16
16
91
182
3,123
2,452
2,300
1,601
4.836
5.085
199
' 1971-Dec.
1972-Mar.
23
23
91
182
3,352
2,399
2,300
1,600
4.742
4.993
96
1971-Dec.
k 1972-Mar.
30
30
91
182
3,950
3,046
2,301 •
1,600
4.675
4.973
101
Jan.
Apr.
20
20
91
182
3,515
3,275
2,301
1,601
4.493
4.634
198
Jan.
Apr.
27
27
91
182
4,155
2,983
2,302
1,601
4.444
4.530
188
Feb.
May
3
4
91
182
3,954
3,027
2,302
1,602
4.233
4.345
203
Feb.
May
10
11
91
182
3,725
2,799
2,300
1,601
4.174
4.341
201
Feb.
May
17
18
91
182
4,035
3,304
2,301
1,602
4.124
4.255
199
Feb.
May
24
25
90
181
3,436
3,193
2,301
1,600
4.235
4.412
200
lifer.
June
2
1
91
182
3,583
2,842
2,302
1,601
4.324
4.431
207
Mar.
June
9
8
91
182
3,623
2,905
2,301
1,601
4.090
4.207
199
4 .8 4 6
203
Mar.
June
16
3.5 .
91
182
3,378
2,700
2,301
1,600
3.944
4.144
200
May
Aug.
18
17
91
182
3,816
3,104
2,405
1,801
3.065
3.537
305
May
Aug.
25
24
91
182
3,906
3,788
2,401
1,803
3.143
3.513
303
Treas
PUBLIC DEBT OPERATIONS.
'DO-3. - New Money Financing through Regular Weekly Treasury Bills
(Contin
(Dollar amounts in millions)
jscription of issue
Number of
days to
maturity
Maturity
date-
C 1972-June
{
Aug.
Amount
of bids
tendered
Amount
of bids
accepted
1
31
91
182
$3,609
3,481
June
Sept.
8
7
91
182
4,129
3,609
2,401 •
1,800
3.552
3.796
298
June
Sept.
15
14
91
182
3,462
3,016
2,401
1,801
3.846
4.196
301
June
Sept.
22
21
91
182
3,816
3,477
2,401
1,801
3.919
4.322
292
Aug.
Nov,
31
30
91
182
3,670
2,975
2,302
1,801
3,761
4.107
■103
Sept;
Dec.
7
7
91
182
3,662
3,351
2,301
1,800
3.863
4.243
■105
15.
Sept.
Dec.
14
14
91
182
3,627
3,205
2,301
1,802
3.796
4.187
•104
22.
Sept.
Dec.
21
21
91
182
3,594
3,322
2,301
1,802
3.926
4.328
•104
Oct.
1973-Jan.
12
11
91
182
3,524
3,040
2,301
1,801
4.103
4.605
201
f 1972-Oct.
1973-Jan.
19
18
91
182
3,845
3,050
2,301
1,800
3.949
4.455
199
27.
1972-Oct.
1973-Jan.
26
25
91
182
3,723
3,707
2,301
1,800
4.046
4.585
198
3.
1972-Nov.
1973-Feb.
2
r
91
182
3,618
3,160
2,301 *
1,800
3.796
4.298
200
10.
’1972-Nov.
1973-Feb.
9
8
91
182
3,742
3,071
2,299
1,801
7.
1972-Dec.
1973-Mar.
7
91
182
3,658
3,683
2,423
1,801
3.928
4.431
4.567
4.937
2.
Feb.
May
1
3
91
182
4,036
3,864
2,401
1,901
4.766
5.141
200
9.
Feb.
May
8
10
91
182 *
3,886
3,876
2,401
1,901
4.670
4.958
203
16.
Feb.
May
15
17
91
182
3,926
3,907
2,402
1,901
4.774
5.070
202
24.
Feb.
May
22
24
90
181
3,671
3,807
2,401
1,900
4.775
5.050
199
30.
Mar.
May
1
31
91
182
4,261
3,510
2,400
1,902
4.885
5.179
199
14,
Mar.
June
15
14
91
182
4,470
3,252
2,402
1,902
5.100
5.309
200
Mar.
June
22
21
91
182
3,701
3,624
2,405
1,906
5.089
5.298
208
21.
208
2.
9.
I
\
16.
23.
1.
8.
13.
20.
(
f
{
(
$2,401
1,796
Average rate
of bids
accepted 2/
(Percent)
3.447
3.762
199
122
28.
Mar.
June
29
28
91
182
3,702
3,546
2,404
1,903
5.111
5.312
4.
Apr.
July
5
5
91
182
3,639
3,249
•2,402
1,901
5.164
5.397
204
11.
Apr.
July
12
12
91
182
3,752
3,582
2,403
1,902
5.154
5.413
201
18,
Apr.
July
19
19
91
182
3,512
3,675
2,401
1,902
5.277
5.541
223
25,
Apr.
July
26
26
91
182
3,962
3,953
2,400
1,901
5.634
5.759
200
-111
Aug.
Nov.
16
15
91
182
3,789
3,552
2,501
1,693
6.180
6.457
Aug.
Nov.
23
23
91
183
3,454
3,263
2,501
1,701
6.453
6.747
-99
Aug.
Nov.
30
29
91
182
3,452
3,564
2,502
1,702
6.693
6.864
-100
A pril 1974
37
PUBLIC DEBT OPERATION8
Table PDO-3. - New Money Financing through Regular Weekly Treasury Bills i//- (Continued)
(Dollar amounts in millions)
Description of issue
Issue
date
1973-June
14
21
28
July
Aug.
Nov.
Number of
days to
maturity
Maturity
date
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
of bids
accepted 2/
(Percent)
1
Dec.
13
13
91
182
$3,580
3,214
$2,502
1,701
7.127
7,172
f
Sept.
Dec.
20
20
91
182
4,165
3,774
2,501
1,701
7.265
7,255
Sept.
Dec.
27
27
91
182
4,022
3,776
2,503
1,701
7,229
7.299
4
3
91
182
3,349
3,545
2,500
1,701
7.986
8.010
f 1973-Se*t„
l
[
5
12
r 1973-Oct.
i 1974-Jan.
11
10
91
182
3,975
3,215
2,500
1,702
7.991
8.018
19
^ 1973-Oct.
1974-Jan.
18
17
91
182
4,274
3,430
2,501
1,701
7.968
8.023
26
K 1973-Oct.
1974-Jan.
25
24
91
182
3,887
3,561
2,501
1,702
8.113
8.272
' 1973-Nov.
1974-Jan.
1
31
91
182
3,796
3,386
2,501
1,701
8.319
8.476
14
16
91
182
4,047
4,341
2
,5 0 3 :
1,801
8.635
8.381
15.,,,
h
Feb.
May
1
| $-99
J
i -104
J
. -101
4
Oct.
1974-Jan.
2 ,
New money
increase, or
decrease (-)
V
Source: See Table PDO-2.
1/ Excludes issues of strips of additional amounts of outstanding
regular weekly bills for cash on December 2, 1970 ($2,105 million).
> -101
*
i
-103
•
-96
<
, -100
110
<
and April 6, 1971 ($2,206 million).
2/ Equivalent average rate on bank discount basis,
nn
38
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table PDO-4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
(Dollar amounts in millions)
Date subscrip
tion books
closed or
tenders re
ceived
Issue
date
Description of securities 1/
rerioa xo final
juavvu x wjr
(years, months,
days) 2/
Amount of sub
scriptions tendered
Cash
Exchange
Amount issued 3/
For
cash
In exchange
u
7/2/70
7/8/70
6.452%
Bill
3/22/71 - Tax ant. 5/
257d
4,741
7/16/70
7/23/70
6.504%
Bill
4/22/71 - Tax ant. 5/
273d
4,755
-
2,261
7/23/70
r 4/30/70
7/31/70
6.467%
4/30/71 - Reopening
7/31/71
273d
365d
1,597
2,489
-
6.380%
Bill
Bill
500
1,202
8/5/70
* 8/15/70
8/15/70
7-3/4%
7-3/4%
Note
Note
-
2/15/74-C
8/15/77-B
-
3,139
2,264
_
-
2/15/72-C
6m
£/
3y
7y
6/
iy
6m
8/5/70
8/17/70
7-1/2%
Note
8/25/70
r 5/31/70
8/31/70
6.510£
6.396%
Bill
Bill
5/31/71 - Reopening
8/31/71
273d
365d
1,221
9/24/70
* 6/30/70
9/30/70
6.237%
6.216%
Bill
Bill
6/30/71 - Reopening
9/30/71
273d
365d
244d
10/1/70
1-1/2%
Note
10/15/70
10/21/70
5.970%
Bill
10/29/70
r 11/15/70
1 11/15/70
7-1/4%
7-1/2%
Note
Note
f 7/31/70
Bill
Bill
-
5/15/72-D
-
8/31/71
11/30/71
1Z‘
1 10/31/70
6.153%
6.072%
11/5/70
11/16/70
6-3/4%
Note
11/24/70
f 8/31/70
1 11/30/70
5.184%
5.010%
Bill
Bill
4.695%
Bill
10/27/70
- 10/1/75-E0
-
V
11/25/70
5A5/74-D
8/15/76-C
Reopening 6/
iy
“Strip11 of 7 1 4 /
series
12/23/70
r 9/30/70
12/31/70
4.949%
4.886%
Bill
Bill
1/27/71
2/15/71
2/15/71
5-7/8%
6-1/4%
Note
Note
-
' 10/31/70
4.269%
4.249%
Bill
Bill
-
10/31/71 - Reopening
1/31/72
3.281%
Bill
-
"Strip*' of 6 l £ /
series
-
11/30/71 - Reopening
2/29/72
1/26/71
1/31/71
2/18/71
-
8/15/75-C
2/L5/78-A
4y
f 11/30/70
{ 2/28/71
3.691%
3.675%
Bill
Bill
3/24/71
7/23/70
3.671%
Bill
3/25/71
f 12/31/70
< 3/31/71
3.507%
3.587%
Bill
Bill
-
12/31/71 - Reopening
3/31/72 *
3.811%
Bill
-
"Strip" of 11 iZ/
series
2/
4/1/71
1-1/2%
Note
-
f 1/31/71
4/30/71
4.403%
4.422%
Bill
Bill
-
5/5/71
' 5/15/71
5/15/71
5%
5-3/4%
Note
Note
- 8/15/72-E
- 11/15/74-A - Reopening 4/
4.099%
Bill
-
f 2/28/71
[ 5/31/71
6/29/71
4.688%
4.790%
Bill
Bill
6%
Note
f 3/31/71
^ 6/30/71
5.425%
5.567%
Bill
Bill
5/26/71
6/22/71
6/24/71
6/30/71
7/28/71
7/27/71
7/6/71
f 8/15/71
I 8/15/71
J 4/30/71
\ 7/31/71
5.033%
Bill
7%
7%
Note
Bond
5.944%
5.953%
Bill
Bill
8/5/71
8/16/71
6-1/2%
Note
8/24/71
f 5/31/71
^ 8/31/71
5.090%
5.125%
Bill
Bill
9/8/71
f 6/30/71
^ 9/30/71
6-1/4%
Note
5.242%
5.279%
Bill
Bill
8/31/71
9/22/71
1,170
1,721
-
501
1,202
-
-
30
-
30
5,593
-
2,515
-
4,505
2,511
-
271d
365d
1,222
2,006
-
501
1,201
5,254
-
2,037
-
274d
365d
1,323
1,854
-
501
1,200
-
57d
3,560
-
2,105
-
273d
365d
1,404
2,952
-
501
1,201
_
7,679
8,389
_
4/1/76-EA
- 11/15/72-F
-
1,204
-
274d
366d
1,442
2,194
_
501
1,201
-
23d
5,095
-
2,001
-
275d
366d
1,491
2,177
-
500
1,200
-
128d
5,080
-
2,206
-
-
27
-
27
276d
366d
1,449
2,223
-
500
1,200
-
3,452
3,231
-
-
3m
6m
3,093
-
1,608
273d
366d
1,682
2,347
-
500
1,201.
-
4,028
-
2,285
-
275d
366d
1,302
2,152
_
500
1,200
-
77d
3,886
-
1,752
4|m
9/21/71 - Tax ant. 2/
4y
lOy
3m
195 21/
4/30/72 - Reopening
7/31/72
2/15/73-C
iy
272d
366d
1,583
2,300
274d
366d
3,407
274d
366d
1,370
2,220
6m
5/31/72 - Reopening
8/31/72
- 11/15/76-D
5y
6/30/72 - Reopening
9/30/72
2/
10A/71
1-1/2%
Note
- 10/L/76-E0
5y
10/22/71
5-7/8%
Note
-
3y
10/26/71
7/31/71
10/31/71
4.496%
4.490%
Bill
Bill
-
11/3/71
11/15/71
11/15/71
6%
6-1/8%
Note
Bond
- 11/15/78-B
11/15/86
2/15/75-E
7/31/72 - Reopening
10/31/72
<2/
6/
3,452^
3,231j W
(Average) 54.5d
iy
2im
3-3/4m
273d
366d
7ir
15y
3,115
612
195
100
100
20/
100
J
501
1,202
4,136
-
2,514
-
1,544
2,262
-
500
1,200
-
-
1,283
-
_
500
1,201
-
11
-
11
4,615
-
2,045
-
1,524
2,385
-
500
1,200
-
21/
12/
3,115^1
612/ 22/
_
24
100
J
4,065
3/31/72 - Reopening
6/30/72 .
- 11/15/75-D
8/15/81
7,679^1
8,389/ 1 5 /
(Average)107.5d
iy
3y
21/
J
500
1,199
5y
100
-
-
(Average)
w
4,5051
2,511J.1 2 /
1,285
1,810
-1/31/72 - Reopening
4/30/72
"Strip" of 8 1 2 /
series
2,036
272d
365d
10/15/71
Footnotes at end of table.
-
_
2/29/72 - Reopening
5/31/72
-
190
501
1,204
6m
4/22/71 - Reopening
Tax ant. 5/
A/27/71
5/19/71
(Average)
9/30/71 - Reopening
12/31/71
2/23/71
3/31/71
3,190
6m
Reopening
mm
3,139"|
I 2/
2,264J
-
6m
9m
7/31/71 - Reopening
10/31/71
-
-
5y
3y
5y
2,516
18,819 &/
6/22/71 - Tax ant. £/
Allot
ment
ratio
8,207
1,192
24
8,207\
1,192J 26/
22/
2iJ
2£d
100
A pril 1974
39
PUBLIC DEBT OPERATIONS
Table PDO-4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills - (Continued)
(Dollar amounts in millions)
Date subscrip
tion books
closed or
tenders re
ceived
Description of securities 1/
date
11/9/71
11/15/71
4-1/8%
Note
11/23/71
r 8/31/71
I 11/30/71
4.580#
4.563#
Bill
Bill
_
-
11/24/71
12/1/71
4.558#
Bill
-
12/13/71
4.273#
Bill
-
3.846#
Bill
-
112/13/71
V
4.056#
Bill
_
12/28/71
f 9/30/71
112/31/71
3.930#
3.927#
Bill
Bill
_
-
1/25/72
f10/31/71
1/31/72
3.891#
3.936#
Bill
Bill
-
2/2/72
* 2/15/72
2/15/72
5-3/4#
6-3/8#
Note
Bond
2/22/72
*11/30/71
2/29/72
3.862#
4.091#
Bill
Bill
3.405#
Bill
12/8/71
r
12/22/71
1 2 /1 / 7 1
3/1/72
2/15/73-D
-
PeriLUU 0U J.J.HOJL
rnavui x ujf
(years, months,
days) 2/
-
-
2,506
-
6/21/72 - Tax ant. 2/
191d
4,383
-
2,010
-
4/21/72 - Reopening
Tax ant. 5/
6/21/72 - Reopening
Tax ant. 5/
114d
3,589
-
1,526
_
175d
2,737
9/30/72 - Reopening
12/31/72
274d
366d
1,488
2,290
-
501
1,200
10/31/72 - Reopening
1/31/73
274d
366d
1,506
2,204
_
6 6 ^
_
-
500
1,200
2,802
2,131
-
_
66
2/15/76-E
2/15/82
4y
10y
12/31/72 - Reopening
3/31/73
4/3/72
5-7/8#
Note
-
5/15/75-F
3y
4/1/72
1-1/2#
Note
4/1/77-EA
5y
4/25/72
r 1/31/72
4/30/72
4.234#
4.362#
Bill
Bill
_
-
1/31/73 - Reopening
4/30/73
5/2/72
' 5/15/72
2/15/72
4-3/4#
6-3/8#
Note
Bond
_
-
5/L5/73-E
2/15/82 - Reopening
5/23/72
K 2/29/72
5/31/72
4.367#
4.465#
Bill
Bill
_
2/28/73 - Reopening
5/31/73
6/23/72
“ 3/31/72
6/30/72
•4.754#
4.853#
Bill
Bill
7/25/72
r 4 /3 0 / 7 2
^ 7/31/72
4.731#
4.918#
Bill
Bill
f 8/15/72
I 8/15/72
W15/72
5-7/8#
6-1/4#
6-3/8#
Note
Note
Bond
5/31/72
S/31/12
5.040#
5.178#
Bill
Bill
9/26/72
*6/30/12
9/30/12
5.346#
5.529#
Bill
Bill
1/
10/1/72
1-1/2#
Note
-
10/1/77-E0
5y
10/19/72
6#
Note
9/30/74-E
iy
fl/ 31/72
5.223#
5.318#
Bill
Bill
Note
Bill
Bill
Bill
Note
8/24/72
-
_
_
-
11/1/72
11/17/72
11/22/72
11/29/72
12/20/72
11/15/72
1V24/72
12/28/72
6-1/4#
4.721#
5.225#
5.089#
5-7/8#
12/26/72
1/4/73
1/26/73
2/7/73
2/7/73
2/22/73
12/31/72
1/10/73
1/31/73
2/15/73
2/15/73
2/28/73
5.337#
6-3/4#
5.986#
6-1/2#
6-5/8#
6.050#
Bill
Bond
Bill
Note
Note
Bill
_
_
.
-
3/27/73
3/31/73
4/1/73
4/30/73
6.615#
1-1/2#
6.598#
Bill
Note
Bill
-
5/1/73
5/2/73
5/24/73
6/26/73
7/24/73
7/31/73
8/1/73
8/8/73
8/22/73
8/24/73
5/15/73
5/15/73
5/31/73
6/30/73
7/31/73
8/15/73
8/15/73
8/15/73
6-7/8#
7#
6.818#
Note
Bond
Bill
Z-335#
8.393#
7-3/4#
9/4/73
9.802#
8.387#
8-3/8#
Bill
Bill
Note
Bond
Bill
Bill
Note
9/19/73
2/
10/3/73
9/25/73
10/1/73
10/9/73
8.057#
1-1/2#
7.702#
Bill
Note
Bill
10/11/72
10/24/72
4/24/73
tLO/31/72
/12
12 5/12
ii/yd
/
S/28/13
Footnotes at end of table.
1-1/2%'
_
-
_
“
‘
_
i ; g V
_
73d
6,430
275d
365d
1,534
2,320
_
501
1,201
_
-
3,845
-
1,776
-
-
5
_
-
5
_
500
1,200
3,065
31/
-
500
1,200
3,377
1,306
2,514
-
1,279
505
2,514 22/
-
273d
365d
1,615
2,150
-
501
1,200
-
3/31/73 - Reopening
6/30/73
'274d
365d
1,282
1,961
-
501
1,201
-
4/30/73 - Reopening
7/31/73
273d
365d
1,526
2,850
-
y
ft/
ly
9y
3y
7y
12y
9m
_
6m
41 21/
5/31/73 - Reopening
8/28/73
273d
362d
1,889
4,914
6/30/73 - Reopening
9/25/73
271d
360d
7/31/73 - Reopening
10/23/73
11/15/76-D - Reopening
4/20/73 - Tax ant. £/
11/20/73
6/22/73 - Tax ant. jg/
12/31/74-F
12/18/73
2/15/93
1/15/74
8/15/76-G
11/15/79-B
2/12/74
3/12/74
4/1/78-EA
4/9/74
5/15/80-A
5/15/93-98
5/7/74
,
3y
6y
6m
9m
41
-
501
1,804
1,547
4,145
-
500
1,801
-
17
-
4,94^1
y
4,559/ 2&J
2,31^
17
2,060
-
501
1,802
-
147d
355d
199d
7,162
6,367
3,801
5,079
5,690
_
_
_
_
-
3,041
2,012
1,802
2,509
2,102
_
_
-
1,800
627
1,804
1,009
1,801
3,883
595
-
_
3,177
1,749
3,072
1,664
3,255
_
3,883
595
-
344d
3,011
_
3,353
15
-
341d
3,214
1,240
3,937
349d
346d
5y
7y
25y
339d
336d
35d
354d
lm
364d
5y
294d
3,195
2,985
2,167
500
3,896
3,062
4,37lp
3,047
4,209
_
5,221
40
_
3
1,790
_
1,802
2,043
652
1,800
1,801
1,802
2,028
500
2,017
1,805
2,043p
1,802
1,804
100
_
_
-
349d
fi/
_
_
1,811
3,333
352d
lm
4,945
4,559
2,312
_
500
1,201
12/
i4/
_
4,855
2y
2Qy
_
-
273d
357d
4y
6/4/74
7/2/74
8/15/77-B - Reopening
4y
20y
8/15/88-93
9/19/73 - Tax ant. 5/
8/27/74
9/30/75-G
•2y
9/24/74
10/1/78-E0
7/30/74
ll-l/2m
_
100
_
1,468
2,455
2/15/76-F
8/15/79-A
8/15/84
275d
365d
2S/
_
1,526
1,915
l-l/2m
Allot
ment
ratio
1,016
275d
365d
(Average)
3/28/72
8/2/72
3m
2/28/13
"Strip" of 15 20/
series
_
-
1,500 21/
4,778
Bill
Bill
_
2,768
142d
4/21/72 - Tax ant. 5/
4.512#
4.661#
_
4,041
500
1,201
fl2/3l/71
^ 3/31/72
-
Exchange
1
In exchange
4/
1,500 22/
_
-
11/30/72 - Reopening
-
For
cash
1,528
2,099
3/24/72
1/
Cash
Amount issued 2/
275d
366d
iy
8/31/72 - Reopening
11/30/72
-
-
3m
Amount of sub
scriptions tendered
26/
2Z/
W
22/
40/
41/
'
100
42/
5,22l\ 42/
44/
/
i*/
15
j
3
4Z/
42/
42/
40
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table PDO-4. - O fferings of Public Marketable Securities Other than
Regular Weekly Treasury Bills - (Continued)
(Dollar amounts in millions)
Amount of sub
scriptions tendered
Amount issued
Date subscrip
tion books
closed or
tenders re
ceived
Issue
date >
10A7/73
10/25/73
10/23/73
H/l/73
7.132$
6.765$
10/30/73
11/15/73
7$
Note
-
11/15/79-C
r 11/15/73
1 11/15/73
V
7$
7-i#
Note
Bond
8.670$
Bill
_
-
12/31/75-H
8/15/88-Q3 - Reopening
"Strip” of 11 Series 54/
-
11/19/74
364d
3,437
-
1,801
-
-
4/19/74 - Reopening
Tax ant. J?/
6/21/74 - Tax ant. 2/
12/17/74
140d
203d
2,508
3,023
1,002
2,000
-
364d
364d
3,588
3,222
3,012
3,lOlp
3,121p
1,144P
327
307
250
10/31/73
11/9/73
11/28/73
description or securities
Bill
Bill
10/20/73
7.708$
Bill
r
1 1 /1 /7 3
7.830$
Bill
I
10/ 3 0 / 7 3
7.790$
• 6.880$
Bill
Bill
13/14/73
Period to final
maturity
(years, months,
days) 2/
12/12/73
12/18/73
i/9/74
2/5/74
2/6/74
2/6/74
2/7/74
1/15/74
2/15/74
2/12/74
2/15/74
2/28/74
6 .9 4 8 $
7$
6.342$
6^7/8$i
7-1/2$
Bill
Note
Bill
Note
Bond
2/26/74
3/4/74
7.450$
Bill
3/6/74
3/12/74
Bill
Bill
_
-
-
_
_
-
4/19/74 - Reopening
3/26/74
3/29/74
3/28/74
7/
4/3/74
4/9/74
4/1/74
4/9/74
8$
i-i$
7.886$
Footnotes on following page.
Note
Note
Bill
-
-
220
1,802
2,007
2,024p
l-im
9m
(Average) 43d
2,859p
l,503p
2,153
220
136
-
l,510p
302p
1,100
7y
364d
3y 3m
19y 6m
Tax ant. 5/
6.897$
8.306$
4,277
4,716
2,918p
6y
1/14/75
2/15/81 - A
2/11/75
5A 5/77 - c
8/15/88-93 - Reopening
3/11/75
6/21/74-Reopening
Tax ant. %/
3/31/76-H
4/1/79-EA
4/8/75
Exchange
364d
169d
10/22/74
4/19/74 - tax ant. 5/
2y
19y
Cash
For
cash
_
1,803
1,802
1,516
1,802
2,258p
300p
In exchange
u
220
50/
51/
220\^0/
136)
52/
32^
“W
307 (
250j
46d
3,773
3,359
-
1,801
_
5,042p
2,046p
_
2,523p
l,531p
_
84d
_
364d
3,202p
21/
-
364d
2y
5y
Allot
ment
ratio
56/
17/
&/
1,515
*
-
*
1,801p
-
52/
41
April 1974
PUBLIC DEBT OPERATIONS
Footnotes to Table PDO-4
Source:
Bureau of Public Debt.
1/ For bill issues, always sold at auction, the rate shown is the equi
valent average rate (bank discount basis) on accepted bids. Other
securities issued at par except those bearing footnote 6 and those
sold at auction. For details of bill offerings see Table PDO-2.
2/ From date of additional issue In case of a reopening.
2/ In reopenings the amount issued is in addition to the ainupt of
original offering.
y
For securities exchanged for the new issues see Table PDO-7.
J/ Tax anticipation bill, accepted at face value in payment of income
taxes due on the 15th of the month in which the bills mature.
6/
Price at which issued appears in Table PDO-5.
7/ Exchange offering available to owners of nonmarketable 2-3/4$ Treasury
bonds, Investment Series B-1975-80, dated April \-} 1951. For further
information on the original offering see Treasury Bulletin for April '
1951, page A-l. Amounts shown are as of March 31, 1974.
8/
Payment for subscriptions allotted could be made in cash or in
Treasury bonds or notes maturing on the issue date of the new security.
9/ Includes $151 million of the 2/15/74-C notes and $479 million of the
8/15/77-B notes allotted to Federal Reserve banks and Government
accounts.
10/ This is amount of bonds and notes maturing August 15, 1970 exchanged
by Federal Reserve banks and Government accounts.
11/ Subscriptions from the public for $200,000 or less were allotted in
full and those above that amount were allotted 9 - 1 / 2 $ but not less
than $2 0 0 ,0 0 0 .
12/ Includes $ 8 4 2 million of the 7-l/4$ notes and $811 million of the
7-1/2$ notes allotted to Federal Reserve banks and Government accounts.
13/ Sold at auction.through competitive and noncompetitive bidding. Pricesaccepted ranged from 100.93 (yield 6.09$) down to 100.69 (yield 6.26$).'
14/ Sale of a "strip" of Treasury bills consisting of an additional $301
million of series maturing on January 7, 14, 21, and 28, and February 4
11, and 18, 1971.
15/ Includes $2,319 million of the 5-7/8$ notes and $2,722 million of the
6 - 1 /4 $ notes allotted to Federal Reserve banks and Government accounts.
16/ Sale of a "strip" of Treasury bills consisting of an additional $201
million of series maturing May 27, June 3, 10, 17, and 24, and July 1,
1971.
'
17/ Sale of a "strip" of Treasury bills consisting of an additional $201
million of weekly series maturing from July 8 through September 16,
1971.
18/ Includes $1,457 million of the 5$ notes and $ 1 , 0 4 6 million of the
5-3/4$ notes allotted to Federal Reserve banks and Government accounts.
19/ Sale of a "strip" of Treasury bills consisting of an additional $201
million of weekly series maturing from June 24 through August 12, 1971.
20/ Sold at auction through competitive and noncompetitive bidding. Prices
accepted ranged from 1 0 0 . 3 8 (yield 5.71$) down to 99.93 (yield 6.05$)
with the average at 1 0 0 . 0 0 (yield 6 .0 0 $).
21/ Cash subscriptions were aceepted only from individuals in amounts of
$1 0 , 0 0 0 or less.
22/ Includes $592 million of the notes and $351 million of the bonds
allotted to Federal Reserve banks and Government accounts.
23/ Sold at auction through competitive and noncompetitive bidding. Prices
accepted ranged from 100.08 (yield 6.44$) down to 99.87 (yield 6.59$)
with the average at 99.94 (yield 6.54$).
24/ Sold at auction through competitive and nornompetitive bidding. Prices
accepted ranged from 1 0 1 . 4 4 (yield 5.92$) down to 1 0 1 . 0 0 (yield 6 .0 2 $)
with the average at 1 0 1 . 1 4 (yield 5.98$).
25/ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 101.25 (yield 5.46$) down to 100.80
(yield 5.61$) with the average at 100.89 (yield 5.58$).
26/ Includes $2,925 million of the notes and $673 million of the bonds
allotted to Federal Reserve banks and Government accounts.
27/ Issued to Federal Reserve banks and Government accounts in exchange
for securi+ies maturing November 15, 1971.
28/ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.10 (yield 4.79$) down to 99.90
(yield 4.96$) with the average at 99.96 (yield 4.91$).
29/ Includes $421 million of the notes and $554 million of the bonds
allotted to Federal Reserve banks and Government accounts.
30/ Sale of a "strip" of Treasury bills consisting of an additional $204
million of each weekly series maturing from March 30 through
July 6 , 1972.
31/ Sold a I auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.50 (yield 5.69$) down to 100.20
(yield 5.80$) with the average at 100.26 (yield 5.78$).
Issued to Federal Reserve banks and Government accounts in exchange
for notes maturing May 15, 1972.
33/ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.50 (yield 4.23$) down to 100.27
(yield 4.47$) with the average at 100.30 (yield 4 .4 4 $).
31/ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 101.06 (yield 6.23$) down to 100.37 (yield
6.32$) with the average at 100.60 (yield 6.29$).
15/ Includes $1,028 million of the 5-7/8$ notes, $1,437 million of the
6-1/4$ notes and $1,180 million of the bonds allotted to Federal Reserve
banks and Government accounts.
16/ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.41 (yield 5.77$) down to 100.20 (yield
5.89$) with the average at 100.25 (yield 5.86$).
37/ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.31 (yield 6.16$) down to 100.14 (yield
6 .2 1 $) with the average at 100.18 (yield 6 .2 0 $).
38/ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.29 (yield 5.72$) down to 100.05(yield
5.85$) with the average at 100.09 (yield 5.83$
22/ Sold at auction through competitive and noncompetitive bidding. All
accepted tenders were awarded at the price of 99.50 (yield 6.79$).
10/ Includes $1,392 million allotted to Federal Reserve banks and
Government Accounts.
41/
Issued to Federal Reserve banks and Government accounts in exchange
for notes maturing February 15, 1973.
42/ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 99 . 8 8 (yield 6.65$) down to 99.21 (yield
6.77$) with the average at 99.40 (yield 6.74$).
43/
issued to Federal Reserve banks and Government accounts in exchange
for notes maturing May 15, 1973.
44/
Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.10 (yield 6 .8 6 $) down to 99.05 (yield
7.05$) with the average at 99.29 (yield 7.01$).
45/
Sold at auction through competitive and noncompetitive bidding. All
accepted tenders were awarded at the price of 98.75 (yield 7.11$).
46/ Issued to Federal Reserve banks and Government accounts in exchange
for securities maturing August 15, 1973.
£jj Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 99.31 (yield 7.95$) down to 99.01 (yield
8.04$) with the average at 99.07 (yield 8.03$).
•+£/ Sold at auction through competitive and noncompetitive bidding. All
accented tenders were awarded at the price of 95.05 (yield 8 .0 0 $).
ISnJ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 101.05 (yield 7.80$) down to 100.70
(yield 7.99$) with the average at 100.80 (yield 7.94$).
50/ issued to Federal Reserve banks and. Government accounts in exchange
for bonds maturing November 15, 1973.
51/ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 101.21 (yield 6.75$) down to 100.63
(yield 6.87$) with the average at 100.88 (yield 6.82$).
52/ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.49 (yield 6.73$) down to 100.09
(yield 6.94$) with the average at 100 . 1 4 (yield 6.91$).
52/ Sold at auction through competitive and noncompetitive bidding.
All accepted tenders were awarded at xhe price of 101.60 (yield 7.32£).
54/ Sale of a "strip" of Treasuiy bills consisting of an additional $100
million of’ each weekly series maturing from November 23, 1973, througlJanuary 31, 1974.
55/ Issued to Federal Reserve banks and Government accounts in exchange
for securities mattering February 15, 1974.
56/ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.68 (yield 6.88$) down to 100.00
(yield 6.98$) with the average at 100.10 (yield 6.95$)‘.
57/ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.92 (yield 6.56$) down to 100.35
(yield 6.75$) with the average at 100.51, (yield 6.70$).
58/ Sold at auction through competitive and noncompetitive bidding. All
accepted tenders were awarded at the price of 100.5, (yield 6.70$).
59/ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.11 (yield 7.94$) down to 99.76
(yield 8.13$) with the average at 99.85 (yield 8.08$).
p Preliminary.
* Less than $500,000.
32/
42
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations
Description of securities
Date- of
financing
©unt issued
n millions)
Average price
per hundred
Effective
interest
rate
$100.25
100.25
4.22%
4.22
4 - 5 /8 %
> 7 /8 %
99.62
99.62
99.62
5.71
5.71
5.71
4 - 1 /4 %
Eligible securities exchanged
197A
4-1/4%
Bond
5/15/65
5/15/74
$ 732
1,329
Note
Note
-
5/15/65-A
5/15/65-C
2,062
5-5/8%
Note
5,414
4,442
428
8/15/68
8/15/74-B
2/
3-3/4*
Note
Bond
_
-
8/15/68-C
8/15/68
10,284
6%
3-7/8%
5-3/4%
Note
Bond
Note
9/30/74-E
11/15/74 1/
11/15/74-A 1/
10/19/72
11/15/61
2,060
517
100.25
99.00
5.86
3.97
2/
2-1/2)8
Bond
-
11/15/61
5/15/71
1,860
1,371
99.60
99.60
5.81
5.81
5-1/4$
8%
No$e
Note
-
5/15/71-A
5/15/71-E
2,102
100.09
5.83
2/
507
1,107
929
433
99.40
99.15
99.85
99.85
5.73
5.73
5.73
5.72
4-1/4*
3-3/4*
5-1/4*
3-7/856
Note
Bond
Note
Bond
_
_
-
8/15/68-C
8/15/68
ll/1 5 / 6 8 -D
11/15/68
2,045
1,776
100.89
100.26
5.58
5.78
2/
i/
3,231
5-7/8%
Note
12/31/74-F
12/28/72
Note
2/15/75-A
2/15/68
1975
5-3/4%
{
2,977
5-7/8%
5-7/8%
Note
Note
2/15/75-E
5/15/75-F
10/22/71
4/3/72
8-3/8%
Note
9/30/75-G
9/4/73
2,042
100.80
7.94
2/
8/15/71
1,407
1,708
99.80
99.80
7.06
7.06
8-1/4%
4%
Note
Bond
100.14
100.14
6.91
6.91
4-1/8%
2/
Bond
99.75
99.75
6.29
6.29
5-5/8%
4%
Note
Bond
_
-
2/15/69-A
2/15/69
99.75
99.75
99.75
99.75
99.75
5.97
5.97
5.97
5.97
5.97
5%
4%
2-1/2%
6%
2-1/2%
Note
Bond
Bond
Note
Bond
_
_
_
-
8/15/72-E
8/15/72
9/15/67-72
ll/l 5/72-F
12/15/67-72
99.50
99.50
99.50
7.61
7.61
7.61
1-1/2%
4% ,
2-1/2%
Note
Bond
Bond
_
_
lO/l/69-EO
10/1/69
12/15/64-69 *
_
-
7%
Note
11/15/75-D
_
-
8/15/71-F
8/15/71
_
11/15/73
3,115
7%
Note
12/31/75-H
11/15/73
C
220p
l,511p
l,731p
1976
6-1/4%
Note
2/15/76-A
2/15/69
3,037
702
f
3,739
5-7/8%
Note
8/15/72
2/15/76-F
1,714
699
1,097
630
805
4,945
{
10/1/69
2
1,109
571
-
7-1/2%
Note
3/15/76-C
11/15/70
2,511
100.50
7.48
%
Note
6-1/2%
Note
8/15/76-G
2/15/73
1,424
2,459
99.40
99.40
6.60
6.60
6-1/2%
4-7/8%
Note
Note
6-1/4%
Note
II/1 5 / 7 6 -D
f
9/8/71
^ 11/15/72
1,283
3,041
101.14
100.18
5.98
6.20
Z/
2/
Note
5/15/77-C
2/15/74
307p
2,258p
100.51
100.51
6.70
6.70
if
99.75
99.75
7.80
7.80
6-3/8%
4%
Note
Bond
_
-
8/15/70-D
8/15/70
99.07
99.07
99.07
7.92
7.92
7.92
8-1/8%
4%
2/
Note
Bond
_
-
8/15/73-B
8/15/73
99.75
99.75
99.75
99.75
99.75
99.75
99.75
6.05
6.05
6.05
6.05
6.05
6.05
6.05
5-3/8%
7-3/4%
4-3/4%
6-3/4%
Note
Note
Note
Note
Note
Bond
Bond
_
_
_
_
_
11/15/71-B
ll/15/71-G
5/15/72-B
5/15/72-D
8/15/7P-E
11/15/71
8/15/72
1,683
ll/15/70-A
2/15/73-C
2/15/73-C
3,883
1977
6-7/8%
Note
2/15/74-C
2,^p
8/15/70
7-3/4%
Note
8/15/77-B
752
1,512
2,264
8/15/73
234
394
2,026
2,654
1978
6%
Note
II/1 5 / 7 8 -B
11/15/71
633
3,109
1,446
602
841
509
1,067
8,207
Footnotes at end of table
#
3-7/8%
4%
-
A pril 1974
43
m rm .tr. DEBT OPERATIONS
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations - (Continued)
Description of securities
Date of
financing
Amount issued
(I?' millions)
Average price
per hundred
Effective
interest
rate
Eligible securities exchanged
1979
6-5/8$
Note
11/15/79-B
7$
Note
11/15/79-C
$595
1,009
$99.40
99.40
6.73$
6.73
4-7/8$
2/
Note
2/15/73-D
100.88
100.88
6.82
6.82
4-1/8$
Bond
11/15/73
99.00
99.50
99.50
4.07
4.04
4.04
99.29
99.29
99.29
7.00
7.00
7.00
7-3/4$
4^3/4$
Note
Note
5/15/73-A
100.28
100.28
100.28
6.95
6.95
6.95
7-3/4$
4-1/8$
2/
Note
Bond
2/15/74—C
2/15/74
99.20
99.20
99.20
7.11
7.11
7.11
8-1/4$
4$
2/
Note
Bond
100.60
6.34
2/
99.40
99.40
99.40
99.40
99.40
99.40
99.40
99.40
99.40
99.40
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
5$
4$
2-1/2$
6$
2-1/2$
5-3/4$
3-7/8$
5-3/4$
5-7/8$
6/3/58
100.50
3.22
11/15/71
99.75
99.75
99.75
99.75
99.75
99.75
99.75
99.75
6.15
6.15
6.15
6.15
6.15
6.15
6.15
6.15
2/
101.00
101.00
101.00
4.19
4.19
4.19
4*
>1/4*
2/
252
99.85
4.01
2/
93
95.05
95.05
95.05
8.00
8.00
8.00
8-1/8*
4*
2/
2/15/73
1,604
11/15/73
C
220p
2,021p
2/
2.241P
4$
Bond
2/15/80 1/
/ 1/23/59
\ 12/15/62
884
34
*
.
*
2/
Series F & o savings bonds
2/
34
6-7/8$
Note
5/15/80-A
2,636
2,585
2,043
5/15/73
5A5/73-E
7,265
M
7$
Note
’
2/15/81-A
2/15/74
25p
302p
. l,515p
l,842p
7$
8/15/81
Bond
8/15/71
{
202
411
195
8/15/71-F
8/15/71
807
1982
6-3/8$
1984
6-3/8$
1985
3-1/4$
2/15/82 1/
Bond
Bond
Bond
-
8/15/84
5/15/85
5/15/72
8/15/72
Note
Bond
Bond
Note
Bond
Note
Bond
Note
Note
-
-
8/15/72-E
8/15/72
9/15/67-72
11A5/72-F
12/15/67-72
ll/15/74-A
11A5/74
2/15/75-A
2/15/75-E
2J
1986
6-1/8$
Bond
11/15/86
5-3/8?
7-3/4*
4-3/4*
6-3/4*
5*
3-7/8*
4*
Note
Note
Note
Note
Note
Bond
Bond
11/15/71-B
11/15/71-G
.5/15/72-B
5/15/72-D
8/15/72-E
11/15A1
8/15/72
Note
Note
8/15/62-B
8/15/62-G
Note
Bond
8/15/73-B
8A5/73
1,216
1987
4-1/4$
Bond
8/15/87-92 1/
8/15/62
{
5
360
365
1988
4$
7-1/2$
Bond
Bond
2/15/88-93
8/15/88-93
1/17/63
( 8/15/73
333
500
925
44
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations - (Continued)
Description of securities
Date of
financing
11/15/73
7-1/2%
Bond
Amount issued
(In millions)
$ 136p
302p
C
Average price
per hundred
Effective
interest
rate
Eligible securities exchanged
7.78%
7.78
4-1/8%
2/
Bond
11/15/73
100.45
100.45
100.45
7.68
7.68
7.68
7-3/4%
4-1/8%
J/
Note
Bond
2/15/74-C
2/15/74
$ 100.14
100.14
438p
8/15/88-93
2/15/74
(
lOp
24-Op
301p
551p
1989
4-1/8%
Bond
-
1993
6-3/4%
Bond
Bond
7%
1/
2/
Additional issue.
Issued for cash.
5/15/89-94
4/18/63
300
100.55
4.09
2/
-
2/15/93
1/10/73
627
99.50
6.79
2/
-
5/15/93-98
5/15/73
40
652
98.75
98.73
7.11
7.11
1/
C
692
Less than $500,000.
Preliminary.
7-3/4%
Note
-
5/15/72-A
45
A pril 1974
, PUBLIC DEBT OPERATIONS,
Table PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable'Securities
Part A. - Other than Treasury Bills 1 /
(In millions of dollars)____________________________________________________
Allotments by investor classes
Issues
U.S. Gov
ernment
In
accounts
exchange
and
for
Federal
other
Reserve
securi- .
Banks 2/
ties
Amount issued
Date of
financ
ing
8/15/69
Description of securities
For
cash
7-3/4#
(8#
<7-3/4#
17-1/2#
Note
Note
Note
Note
_
_
2/15/71-D
-
5/15/71-E
5/15/73-A
8/15/76-C
2/15/70
js-1/4# Note
<8-1/8# Note _
\8%
Note -
8/15/71-F
8/15/73-B
2/15/77-A
5/15/70
(7-3/4# Note _
<7-3/4# Note _
18#
Note -
rtA c /nr\
o/l?/7U
/7-3/4# Note
17-3/4# Note -
10/1/69
11/15/71-G
5/15/73-A 2/
2/15/77-A 8/
5/15/72-D
2/15/71
/5-7/8# Note _
16-1/4# Note -
8/15/75-C
2/15/78-A
5/15/71
fe%
Note _
|5-3/4# Note -
U
Insur
ance
compa
nies
Mutual
sav
ings
banks
Private
Corpo pension
rations and re
tirement
■2/
funds
2,924
4,176
1,160
1,683
125
1,438
301
38
52
62
564
125
564
2,111
660
476
217
87
96
65
23
29
42
8
8
254
12
31
31
15
4
8
2,257
1,839
1,856
292
288
458
1,175
942
746
85
51
48
47
17
38
‘ 20
17
14
169
76
47
7,065
4,683
3,307
7,005
2,421
2,125
2,352
1,442
819
391
171
53
7
23
7
15
.28
19
34
33
6
3,139
2,264
150
479
1,929
967
166
74
38
29
38
22
62
35
'
State and local
governments 6/
Pension
and re
tire
ment
funds
6
Other
funds
Dealers
and
brokers
All
other
u
150
537
11
3
11
276
37
24
240
136
380
184
381
65
56
7
3
6
6
2
13
125
97
77
86
241
345
245
105
64
8
6
10
1
1
2
297
90
55
270
157
146
364
311
65
6
20
2
6
167
47
335
513
248
72
190
190
13
18
3
110
269
325
292
94
. 44
24
43
37
10
78
-
1,664
2,481
1,033
656
838
811
61
40
13
7
4
2
193
22
343
392
205
77
2,037
-
-
1,593
119
2
4
11
3
■*
4
198
_
7,679
8,389
2,319
2,722
3,586
3,122
235
431
77
116
34
90
91
98
22
133
8
123
260
496
714
631
334
424
-
3,452
3,231
1,457
1,046
1,351
1,257
138
246
22
36
13
26
30
38
13
26
3
4
93
93
177
263
135
196
2,285
_
195
-
-
2,071
3
8
2
*
2
68
111
592
351
1,542
112
19
130
210
2
3,115
613
59
8
35
9
37
8
9
2
3
2•
94
6
405
76
209
24
5/73-C
2,514
-
-
2,036
57
2
5
36
2
*
52
272
52
1,283
-
-
1,046
15
2
1
5
1
*
21
125
67
1
35
1
1
104
8/15/72-E
11/15/74-A 8/
6#
Note -
11/15/72-F
Note
Bond -
11/15/75-D
8/15/81
_
'
104
8/16/71
6-1/2# Note -
9/8/71
6-1/4# Note -
11/15/76-D
10/22/71‘ 5-7/8# Note -
2/15/75-E
2,045
-
-
1,833
9
1
14
46
11/15/71
|4-7/8# Note _
<6#
Note _
16-1/8# Bond -
11/15/73-D
ll/l5/78-B
11/15/86
2,768
24
1,500
8,207
1,192
1,500
2,915
673
1,566
3,197
296
15
240
31
1
47
6
4
33
1
52
51
4
1
19
2
9
2
53
235
3
992
1,150
185
84
311
13
/•!cl /n^
2/15/72
/5-3/4# Note
16-3/8# Bond -
5/15/76-E
2/15/82
2,802
2,131
420
554
1,446
777
85
221
23
79
26
29
36
27
5
21
1
26
85
66
46
558
296
117
121
4/3/72
5-7/8# Note -
5/15/72
8/15/72
10/19/72
£-3/4# Note
\6-3/8# Bond
p-7/8# Note
<6-1/4# Note
(6-3/8# Bond
6#
Note
2 /1
-
Indi
vidu
als
4,505
2,511
(l%
17#
'-
3,190
_
6-3/4# Note -
8/15/71
3,679
-
2/15/72-C
11/16/70
.
_
_
_
5/15/74-D 8/
8/15/76-C 2/
.
-
2/15/74-C
8/15/77-B
8/17/70
7-1/2# Note /7-1/4# Note _
it
/
i
£
/
r
)
C
\
11/15/ AJ
17-1/2# Note -
6/29/71
_
Commer
cial
banks
y
_
_
5/15/75-F
1,776
' -
-
1,605
15
1
4
24
1
1
1
70
5/15/73-E
2/15/82 8/
1,279
505-
2,514
-
2,514
-
1,231
353-
6
15
*
*
*
*
4
1
*
*
*
*
2
1
10
125
4,945.
4,559,
2,312
1,028
1,437
1,180
2,557
1,606
512
84
166
82
68
89
28
33
44
7
202
43
23
3
31
2
6
7
79
100
33
703
275
405
9
1
1
3
•*
*
*
15
41
24
2
3
31
2
*
2
440
202
6
*
3
1
*
-
-
1
29
_
_
-
2/15/76-F
8/15/79-A
8/15/84
41
-
9/30/74-E
2,060
-
1,990
2,230
11/15/72
6-1/4# Note
- 11/15/76-D 3/
3,041
-
105
12/28/72
5-7/8# Note
- 12/31/74-F
2,102
-
-
2,062 .
24
54
2610
186
769
45
1/10/73
6-3/4# Bond
627
-
-
291
40
29
6
42
2
*
1
214
'2
o/lC
*/ J-P//rto
16-1/2#,Note
\6-5/8# Note
_
_
1,009
3,883
595
1,392
595
1,878
556
71
23
16
*
5
*
59
1
17
*
■*
*
68
21
273
296
104
112
5/15/73
{6-7/8# Note
\7#
Bond
_
2,043
652
5,221
40
5,275
1,320
102
111
14
3
1
2
*
49
39
6
1
1
8
26
11
400
- 2/15/93
8/15/76-G
- 11/15/79-B
5/15/80-A
- 5/15/93-98
140
Source:
Based on subscription and allotment reports. For detail Of
offerings see Table PDO-4.
1/ Excludes 1-1/2# Treasury notes issued in exchange to holders of nonmarketable 2-3/4# Treasuiy bonds, Investment Series B-1975-80.
2/ Includes trust funds and accounts that comprise Government accounts
under the unified budget concept.
2/ Includes trust companies and stock savings banks.
y
Includes partnerships and personal trust accounts.
2/ Exclusive of banks and insurance companies.
6/
2/
$/
*
346
71
30
Consists of trust, sinking,and investment funds of State and local
governments and their agencies.
Includes savings and loan associations, nonprofit institutions, and
investments of foreign balances and international accounts in this
country. Also included are certain Government deposit accounts and
Government-sponsored agencies.
Reopening of earlier issue.
Less than 3500,000.
46
Treasury Bulletin
________________________________________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
(In millions of dollars)
Total amount issued
Date of
maturity
Date of
financing
Average
rate
One-year
series
9-month
series
1/
Tax antic
ipation
series
(Percent)
r 12/22/69
3/23/70
6.775
7.202
*
4/30/70
7/31/70
7.407
7.313
1,202
8/31/69
5/31/70
8/31/70
7.387
7.340
1,201
9/30/69
6/30/70
9/30/70
7.357
7.350
1,005
10/14/69
10/29/69
4/22/70
6/22/70
7.284
7.204
7/31/70
10/31/69
\ 10/31/70
7.244
7.127
7/18/69
7/31/69
"
f
* 4/22/70
1,001
12/31/69
9/30/70
12/31/70
7.801
7.561
1,002
1/31/70
* 10/31/70
1/31/71
7.724
7.533
1,003
2/28/70
* 11/30/70
2/28/71
6.995
6.932
1,200
3/3/70
3/26/70
4/22/70
9/22/70
6.549
6.177
* 12/31/70
*
6.101
6.132
1,201
4/30/70
1/31/71
4/30/71
6.843
6.814
1,200
5/31/70
2/28/71
5/31/71
7.353
7.277
1,200
6/30/70
3/31/71
6/30/71
7.068
7.079
1,201
7/8/70
7/23/70
3/22/71
4/22/71
6.452
6.504
7/31/70
4/30/71
7/31/71
6.467
6.380
1,202
8/31/70
5/31/71
8/31/71
6.510
6.396
1,204
9/30/70
* 6/30/71
9/30/71
6.237*
6.216
1,202
10/21/70
6/22/71
5.970
10/31/70
7/31/71
10/31/71
6.153
6.072
1,201
11/30/70
8/31/71
11/30/71
5.084
5.010
1,201
12/31/70
9/30/71
12/31/71
4.949
4.886
1,201
1/31/71
* 10/31/71
1/31/72
4.269
4.249
1,199
2/28/71
* 11/30/71
2/29/72
3.691
3.675
1,201
150
367
171
349
1
12
168
• 391
10
83
500
180
348
190
427
12
7
97
309
21
110
500
75
350
139
322
1
8
266
190
19
135
-
3
33
201
450
13
102
-
5
7
4/22/71
3.671
3/31/71
3.507
3.587
1,200
4/30/71
1/31/72
4/30/72
4.403
4.422
1,200
5/31/71
K 2/29/72
5/31/72
4.688
4.790
1,201
5.425
5.567
1,200
2,004
2,971
_
*
11
161
128
_
1,002
1,497
501
139
287
61
228
*
27
254
336
47
123
500
116
259
157
305
10
2
194
318
23
118
502
200
328
77
215
16
14
184
266
25
180
500
150
269
106
151
11
2
201
600
32
178
_
1,745
1,749
_
_
8
9
500
126
279
133
317
1
21
194
438
47
146
500
125
336
176
303
*
2
170
398
29
161
500
125
315
141
179
12
22
164
546
58
138
501
125
333
145
324
6
19
170
396
55
129
-
33
5
_
2,483
2,256
_
500
170
447
49
59
20
17
252
41
9
638
501
156
414
160
216
11
15
159
454
15
105
501
100
383
224
250
5
22
153
446
19
101
-
2,510
-
-
5
501
162
409
167
304
1
17
152
358
19
113
501
125
317
160
339
10
38
188
419
18
88
501
150
373
211
211
11
12
119
560
10
45
500
200
377
133
246
11
26
119
393
37
157
501
205
427
137
310
10
21
123
385
26
58
2,515
12/31/71
3/31/72
_
125
312
2,517
2,261
3/30/71
Footnotes at end of table.
500
1,753 5/
1,758
3/31/71
6/30/71
29
27
1,007 5/
1,504 1/
3/31/70
All
other 4/
*
*
500
7.777
7.591
y
Dealers
and
brokers
i
3
1,003
8/31/70
11/30/70
k
11/30/69
Corpo
rations
1,733
1,722
2,007
3,004
7.014
7.975
Commer
cial
banks
-
1,763
1,752
6/22/70
11/26/69
Allotments by investor classes
U.S. Gov
ernment
accounts
and Federal
Reserve
Banks 2/
-
798
11
1,180
12
500
2,001 5/
200
498
127
209
6
34
162
414
5
45
500
252
562
65
233
*
7
10
360
173
38
> 500
200
484
15
250
8
11
226
435
51
21
500
125
473
195
324
5
21
124
229
51
153
A pril 1974
47
.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 - (Continued)
(In millions of dollars)
Total amount issued
Date of
financing
Date of
maturity
Average
rate
One-year
series
9-month
series
1/
Tax antic
ipation
series
Allotments by investor classes
52-week
series
(Percent)
U.S. Gov
ernment
accounts
and Federal
Reserve
Banks 2/
-
1,752
7/6/71
9/21/71
5.033
7/31/71
4/30/72
7/33/72
5.944
5.953
1,202
8/31/71
5/31/72
8/31/72
5.090
5.125
1,200
9/31/71
6/30/72
9/30/72
5.242
5.279
1,201
10/31/71
7/31/72
10/31/72
4.496
4.490
1,200
11/30/71
* 8/31/72
11/30/72
4.580
4.563
1,201
12/1/71
12/13/71
‘ 4/21/72
6/21/72
4.558
4.273
2,506
2,010
12/29/71
' 4/21/72
6/21/72
3.846
4.056
1,526 y
1,016 5/
12/31/71
* 9/30/72
12/31/72
3.930
3.927
1,200
1/31/72
*10/31/72
1/31/73
3.891
3.936
1,200
2/29/72
*11/30/72
2/28/73
3.862
4.091
1,200
3/31/72
k12/31/72
3/31/73
4.512
4.661
1,201
4/30/72
‘ 1/33/73
^ 4/30/73
4.234
4.362
1,200
5/31/72
* 2/28/73
5/31/73
4.367
4.466
1,200
6/30/72
* 3/31/73
6/30/73
4.754
4.853
1,201 ‘
7/31/72
” 4/30/73
7/31/73
4.723
4.918
1,201
8/31/72
” 5/31/73
8/28/73
5.040
5.178
1,803
9/30/72
* 6/30/73
^ 9/25/73
5.346
5.529
1,801
10/31/72
* 7/31/73
^10/23/73
5.223
5.318
1,802
11/24/72
11/30/72
12/5/72
12/31/72
" 4/20/73
11/20/73
6/22/73
12/18/73
4.721
5.225
5.089
5.337
1,800
1/31/73
2/28/73
1/15/74
2/12/74
5.986
6.050
1,804
1,801
3/33/73
4/30/73
5/31/73
6/30/73
7/31/73
8/15/73
8/28/73
9/25/73
10/9/73
10/23/73
11/20/73
13/1/73
11/20/73
3/12/74
4/9/74
5/7/74
6/4/74
.7/2/74
9/19/73
8/27/74
9/24/74
7/30/74
10/22/74
11/19/74
4/19/74
11/19/74
6.616
6.598
6.818
7.235
8,392
9.803
8.387
8.057
7.702
7.132
7.708
6.765
7.708
1,790
1,802
1,800
1,801
1,802
760
715
500
625
727
f 4/19/74
6/21/74
12/17/74
1/14/75
2/11/75
7.830
7.790
6.880
6.948
6.342
10/30/73
12/18/73
1/15/74
2/12/74
Commer
cial
banks
1,748
Corpo
rations
2/
-
Dealers
and
brokers
-
All
other
4
501
175
540
215
319
6
15
94
219
11
109
500
250
407
56
360
5
21
184
374
5
38
500
175
425
136
217
20
46
148
464
21
49
500
150
517
147
200
1
2
182
442
20
39
500
200
345
192
392
11
21
80
411
17
32
400
-
16
6
_
-
_
2,090
2,004
_
•
_
-
-
6
4
128
198
10
11
109
482
104
41
150
558
68
334
12
216
244
66
52
500
125
424
103
345
5
10
123
384
144
37
501
150
543
112
297
15
16
135
232
89
113
500
150
695
151
271
83
210
116
24
501
175
553
50
342
10
185
270
91
25
501
150
496
149
412
6
11
126
241
70
41
500
75
627
107
199
10
12
173
337
135
26
501
73
194
76
953
*
1
165
608
187
47
500
140
654
109
594
*
5
135
408
116
140
501
125
578
186
504
•*
2
160
632
30
86
75
4
2
73
499
728
1,932
164
2,505
308
585
8
455
1
177
747
745
518
533
4
3
313
382
222
138
17
1
6
5
2
474
135
255
544
276
5
5
40
1
*
584
548
45
400
179
20
179
185
170
430
173
259
207
420
412
297
235
73
337
272
21
371
555
8
517
-
1,520
1,012
501
150
468
500
_
-
2,012
1,802
609
2,510
-
2,017
421
639
1,805
1,802
1,804 6/
1,802
1,801
615
600
1,801
600
2,007
-
-
1,002 5/
-
2,000
-
Source:
Based on subscription and allotment reports. For detail of
offerings see Table PDO-4.
1/ Reopening of one-year series.
2/ Includes trust funds and accounts that comprise Government accounts
under the unified budget concept.
3/ Exclusive of banks and insurance companies.
1,803
1,802
1,802
808
728
871
332
531
627
330
562
1,944
458
338
1,698
415
467
1,979
515
703
1,634
192
610
422r
*
_
*
*
_
-
10
1
1
26
.
-
4/
114
196
372
290
224r
Included with all other investors are certain Government deposit ac
counts and Government-sponsored agencies, formerly included with
Government investment accounts.
Reopening of earlier issue.
42-week issue.
Less than $500,000.
r
Revised.
48
Trearury Bulletin
PUBLIC DEBT OPERATIONS.
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills
(Dollar amounts in millions)
Called or maturing securities l/
Date of
refunding
or retire
ment
7/31/70
Issue
date
Description
7.313#
7.244#
Bill
Bill
Disposition offers
by Treasury
Amount
out
standing
Cash
retire
ment
Results of ex
change offers
Exchange
security
offered
Ex
changed
1,272
752 4
7/31/70
7/31/70
7/31/69
7/31/69
1,202
8/15/70
5/15/69
2,329
2,329
8/15/70
6/20/63
4,129
4,129
'1,868
1*512
6,458
5,404
8/31/69
8/31/69
1,201
7,675
7,016
660
1,070
1,086
353
500
6,458
8/31/70
1 Bill
; Bill
-
8/31/70
8/31/70
9/23/70
; Bill
-
9/23/70
3/26/70
1,758
1,758
9/30/70
; Bill
; Bill
-
9/30/70
9/30/70
9/30/69
9/30/69
1,005
500
1,005'
500
10/1/70
1 Note
-
10/1/70-E0
10/1/65
113
113 ^
10/31/70
; Bill
: Bill
-
10/31/70
10/31/70
10/31/69
10/31/69
1.003
502
1,003
502 J
11/15/70
Note
-
11/15/70-A
2/15/66
7,675
ll/30/7b
■ Bill
; Bill
11/30/70
11/30/70
11/30/69
11/30/69
1,001
12/31 70
12/31/70
12/31/69
12/31/69
1,002
1/31/71
1/31/71
1/31/70
1/31/70
1.003
500
■ Bill
■ Bill
12/31/70
_
_
-
_
-
_
Bill'
■ Bill -
1/31/71
501
500
500
Description of new
securities offered
(See also Table PDO-4)
1,202 '
500
8/15/70
_
Turned
in for
cash 2/
306
7-3/4*
7-3/4*
Note
Note
C-1974
B-1977
749
7-3/4*
7-3/4*
Note
Note
C-1974
B-1977
3,139
2,264
of Note C-1974
of Note B-1977
1,055 5/
l,20lV
501 J
4,505 of -7-1/4# Note D-1974
2,511 of 7-1/2# Note C-1976
1,001
500
1,002 ^
500
1,003 I 3/
500 I *
> Note
-
2/l5/71-Ci
8/30/67
2,509
2,509
Note
-
2/15/71-D
8/15/69
2,924
2,924
Bond
-
3/15/71
12/1/44
1,219
1,219
■ Note
-
11/15/71-B
11/15/66
1,734
1,734
> Note
-
ll/15/71-G
5/15/70
10,743
10,743
-
11/15/71
2,760
2,760
r 5-7/8*
6-1/4*
Note
Note
_
-
C-1975
A-1978
* 5-7/8*
6-1/4*
Note
Note
-
C-1975
A-1978
315
635
^ 5-7/8*
^ 6-1/4*
Note
Note
-
326 *
441
“ 5-7/8*
( 6-1/4*
Note
Note
2,480
’ 5-7/8*
6-1/4*
Note
Note
893
786
f 5-7/8#
1 6-1/4#
Note
Note
600 ‘
606
/ 5-7/8#
I 6-1/4#
Note
Note
387 ‘
304
/ 5-7/8%
t 6-1/4#
Note
Note
634
730
{ 5-7/8#
16-1/4#
Note
Note
K1,028
}
1,321
575
"2,427
_
_
-
_
C-1975
A-1978
C-1975
A-1978
-
C-1975
A-1978
-
C-1975
A-1978
2/15/71
/
. Bond
5/15/62
K
4#
> Note
-
2/15/72-A
2/15/67
2,006
2,006
> Note
-
2/15/72-C
8/17/70
3,375
3,375
-
2/15/72
Bond
11/15/62
Total.
2,344
2,344
29,614
29,614
2/28/71
Bill
Bill
2/28/71
2/28/71
2/28/70
2/28/70
1,200
-
500
1,200
500 J
3/15/71
Bond
-
3/15/71
12/1/44
269
269
3/22/71
Bill
-
3/22/71
7/8/70
2,517
2,517
Bill
Bill
3/31/71
3/31/71
3/31/70
3/31/70
1,201
-
1,201^
1/
501 J ■
4/1/71
i Note
-
4/1/71-EA
4/1/66
35
4/22/71
i Bill
. Bill
4/22/71
4/22/71
7/23/70
3/30/71
2,261
4/30/71
: Bill
; Bill
4/30/71
4/30/71
4/30/70
4/30/70
1,200
3/31/71
Footnotes at
t 7.
ible.
_
-
501
2,001
500
1/
Lj
35
2,261
2,001 J
1,200 ^
500 J
1/
!
16,067
928
f 7,679
1 8,389
_
-
_
-
_
-
of 5-7/8# Note
of 6-1/4# Note
C-1975
A-1978
C-1975
A-1978
C-1975
A-1978
April 1974
49
.PUBLIC DEBT OPERATIONS.
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
(Dollar amounts in millions)
‘Disposition offers
by Treasury
Called or maturing securities 1/
Date of
refunding
or retire
ment
Issue
date
Description
15-1/4%
Amount
out
standing
Cash
retire
ment
Results of ex
change offers
Exchange
security
offered
Ex
changed
f
1,780
626
Note
-
5/15/71-A
8/L5/66
4,265
4,265
Note
-
5/15/71-E
10/1/69
4,176
4,176
f 1,672^1
t 1,371 J
1,133
8,442
8,442
6,682
1,759
\ 1,860 j
5/15/71
Total.........................
5/31/71
7.277%
6.510%
Bill
Bill
-
5/31/71
5/31/71
5/31/70
5/31/70
1,200
501
1,200^
'501J| i /
6/22/71
5.970%
Bill
-
6/22/71
10/21/70
2,515
2,515
6/30/71
'7.079%
6.237%
Bill
Bill
_
6/30/71
6/30/71
6/30/70
6/30/70
1,201
501
1,2011
501,l l /
7/31/71
*6.380%
6.153%
Bill
Bill
-
7/31/71
7/31/71
7/31/70
7/31/70
1,202
501
1,2021
501j
f4%
Bond
-
8/15/71
3/1/62
2,806
-
2,806
^8-1/4%
Note
-
8/15/71-F
2/15/70
2,257
-
2,257
Description of new
securities offered
(See also Table PDO-4)
Turned
in for
cash 2/
J 5%
^5-3/4%
f 5%
1 5-3/4%
Note
Note
-
E-1972
E-1974
Note
Note
-
E-1972
A-1974
^3,452 of 5% Note
I 3,231 of 5-3/4% Note
k
1,708
411
8/15/71
Total..,
5,063
^
1,407
687
202
649
5,063
3,727
1,336
7%
%
‘7 %
7%
Note
Bond
D-1975
8/15/81
Note
Bond
D-1975
8/15/81
3,115 of 7% Note
612 of 7% Bond
8/31/71
^6.396%
^5.048%
Bill
Bill
-
8/31/71
8/31/71
8/31/70
8/31/70
1,204
501
!,204^1 3/
501J 2'
9/21/71
5.033%
Bill
-
9/21/71
7/6/71
1,752
1,752^4/
9/30/71
'6.215%
^4.949%
Bill
Bill
-
9/30/71
9/30/71
9/30/70
9/30/70
1,202
10/1/71
1-1/2%
Note
-
10/1/71-E0
10/1/66
72
10/31/71
r6.072%
^4.369%
Bill
Bill
-
10/31/71
10/31/71
10/31/70
10/31/70
1,201
3-7/8%
Bond
-
11/15/71
5/15/62
1,081
1,081
509
268
304
f 6%
^6-1/8%
Note
Bond
B-1978
11/15/86
5-3/8%
Note
-
11/15/71-B
11/15/66
967
967
633
98
237
k6%
6-1/8%
Note
' Bond
B-1978
n / 1 5 /8 6
7-3/4%
Note
-
ll/15/71-G
5/15/70
5,836
5,836
"6%
6-1/8%
w
Note
Bond
B-1978
11/15/86
4-3/4%
Note
-
5/15/72-B
5/15/67
5,310
5,310
f 6%
16-1/8%
Note
Bond
B-1978
11/15/86
6-3/4%
Note
-
5/15/72-D
11/16/70
2,037
2,037
[6%
^6-1/8%
Note
Bond
B-1978
11/15/86
4%
Bond
-
8/15/72
9/15/62
2,579
2,579
r 6%
[6-1/8%
Note
Bond
B-1978
11/15/86
f 6%
i 6-1/8%
Note
Bond
B-1978
11/15/86
11/15/71
501
500
1»202W
5011 *
72
1,201^ ,
500J *
* 3,109**
487
'1,446^
187
602
58
r 1,067'
{
5%
Note
-
8/15/72-E
5/15/71
Total..,
11/30/71
12/31/71
1/31/72
2/15/72
3,452
L _ !i)
21,262
21,262
9,399
Bill
Bill
11/30/71
11/30/71
11/30/70
11/30/70
1,201
:
1 4 .8 8 6 %
-
12/31/71
12/31/71
12/31/70
12/31/70
1,201
1 3.507%
Bill
Bill
14.249%
^4.403%
Bill
Bill
_
1/31/72
1/31/72
1/31/71
1/31/71
1,199
500
"4-3/4%
Note
-
2/15/72-A
2/15/67
800
7-1/2%
Note
-
2/15/72-C
8/17/70
2,690
4%
Bond
-
2/15/72
11/15/62
7-3/4%
4-1/8%
7-1/4%
4-1/4%
Note 7/Bond 7 /Note 7/Bond 7 /-
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
Total..
Footnotes at end of table.
*
3,452
f5.010%
I3.691%
2,240 6/
2,781
f 8,207 of 6% Note
1 1,192 of 6-1/8% Bond
501
1,2011^/
500
231
[ 5-3/4%
^6-3/8%
Note
Bond
E-1976
2/15/82
2,690
724
f 5-3/4%
6-3/8%
Note
Bond
E-1976
2/15/82
980
980
310
Note
Bond
E-1976
2/15/82
3,139
3,125
4,505
3,577
3,139
3,125
4,505
3,577
18,816
18,816
800
}
*5-3/4%
6-3/8%
8/
4,933
1,264
2,802 of 5-3/4%
2,131 of 6-3/8%
Note
Bond
50
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
__________________________ (Dollar amounts in millions)
Disposition offers
by Treasury
Called or maturing securities 1/
Date of
refunding
or retire
ment
Issue
date
Description
Amount
out
standing
Cash
retire
ment
Exchange
security
offered
2/29/72
3.675# Bill
4.688JS Bill
2/29/72
2/29/72
2/28/71
2/28/71
1,201
500
l,20l\
500j
3/31/72
3.587% Bill
5.425% Bill
3/31/72
3/31/72
3/31/71
3/31/71
1,200
500
1,200^1
500 ?
4/1/72
1-1/2# Note
4/1/72-EA
' 4/1/67
34
4/21/72
4.558% Bill
^ 3.846# Bill
4/21/72
4/21/72
12/1/71
12/1/71
2,506
1,526
2,506^1 /
1,526J ® '
4/30/72
* 4.422% Bill
^ 5.944% Bill
4/30/72
4/30/72
4/30/71
4/30/71
1,201
501
^2°A V
5/15/72
4-3/4% Note
^ 6-3/4% Note
5/15/72-B
5/15/72-D
5/15/67
11/16/70
3,676
1,377
i,29 4^0/
l,245j^
5/31/72
"4.790# Bill
5.090# Bill
5/31/72
5/31/72
5/31/71
5/31/71
1,201
500
500
6/15/72
2-1/2# Bond
6/15/72
6/1/45
1,226
1,226
6/21/72
4.273# Bill
4.056# Bill
6/21/72
6/21/72
12/13/71
12/13/71
2,010
1,016
2,0hA
1,016J
6/30/72
'5.567# Bill
5.242$ Bill
6/30/72
6/30/72
6/30/71
6/30/71
1,200
500
1,200^1
500 /
7/31/72
"5.953# Bill
4.496# Bill
7/31/72
7/31/72
7/31/71
7/31/71
1,202
500
1,202*1
500J
5#
4#
Note
-
-
8/15/72
Bond
2-1/2# Bond
6#
8/15/72
Note
8/15/72-E
9/15/72
-
2-1/2# Bond
5-3/4# Note 7j -
3-7/8# Bond 7/ -
5-3/4# Note 7/ -
5-7/8# Note 7/ -
ll/l5/72-F
12/15/72
ll/15/74-A
11A 5/74
2/15/74-A
2/15/75-E
5/15/71
9/15/62
10/20/41
6/29/71
11/15/45
11/15/67
12/2/57
2/15/68
10/22/71
Total.
8/31/72
9/30/72
1 0A/72
10/31/72
11/15/72
11/30/72
1,453
2,285
2,547
7,212
5,148
2,045
5.279# Bill
3.930# Bill
9/30/72
9/30/72
9/30/71
9/30/71
1,201
501
10/1/72-E0
10/1/67
33
10/31/72
10/31/72
10/31/71
10/31/71
1,200
500
6/29/71
1,326
1,326 2/
11/30/71
11/30/71
1,201
501
l,20lW
501/
6#
Note
Footnotes at end of table.
11/15/72-F
11/30/72
11/30/72
1,951
p-7/8*
6-1/4*
(6-3/8*
Note
Note
Bond
2,285
(5-7/8*
<6-1/4*
J6-3/8*
Note
Note
Bond
(5-7/8*
<6-1/4*
(6-3/8*
Note
Note
Bond
/6-I/4*
Note
Bond
_
A-1979
\6-3/8*
-
8/15/84
/6-1/4*
^6-3/8*
Note
Bond
-
A-1979
8/15/84
[6-1/4%
(6-3/8*
Note
Bond
-
A-1979
8/15/84
/6-1/4*
(6-3/8*
Note
Bond
-
27,451
10/20/71
* 4.563# Bill
3.862# Bill
Note
Note
Bond
2,045
9/15/72
4.490# Bill
3.891# Bill
379
5-7/8*
6-1/4*
6-3/8*
5,148
2-1/2# Bond
f
Note
Note
Bond
2,236
8/31/71
8/31/71
1-1/2# Note
(5-7/8%
<6-1/4*
J6-3/8*
7,212
2,236
1,200^/
500 J-v
454V
1^ 01"l 3 /
501 ^
33
1 ,2 0 0 ^
,
500J 2'
_
232.
2,547
27,451
(
2/
1,453
1,951
454p
2,382
132^
2,574
8/31/72
8/31/72
9/15/72
Turned
in for
cash 2/
501J *
2,574
1,200
500
Ex
changed
Description of new
securities offered
(See also Table PDO-4)
34
5.125# Bill
4.580# Bill
(
Results of ex
change offers
}
11,816
612
6,945
<4,559
\2,312
-
_
_
-
_
-
_
-
_
-
_
_
of 5-7/8# Note
of 6-1/4* Note
of 6-3/8* Bond
F-1976
A-1979
8/15/84
F-1976
A-1979
8/15/84
F-1976
A-1979
8/15/84
F-1976
A-1979
8/15/84
F-1976
A-1979
8/15/84
A-1979
8/15/84
A pril 1974
51
. PUBLIC DBBT OPERATION 8 .
Table PDO-7. - Disposition of Public Marketable securities
Other than Regular Weekly Treasury Bills - (Continued)
___________________________(Dollar amounts in millions)
Disposition offers
by Treasury
Called or maturing securities 1/
Date of
refunding
or retire
ment
Issue
date
Description
Amount
out
standing
12/15/72
2-1/2$ Bond
12/15/72
11/15/45
l,351p
12/31/72
3.927$ Bill
4.512$ Bill
12/31/72
12/31/72
12/31/71
12/31/71
1,200
501
1/31/73
3.936$ Bill
4.234* Bill
1/31/73
1/31/73
1/31/72
1/31/72
1,200
500
6-1/2$ Note
4-7/8$ Note
2/15/73
2/15/73
8/16/71
2/15/73
11/15/71
2,514
4,268
2/28/73
Bill
Bill
2/28/73
2/28/73
2/29/72
2/29/72
1,200
501
3/31/73
^4.661# Bill
4.754# Bill
3/31/73
3/31/73
1,201
501
4A/73
4/20/73
1-1/2# Note
4.721# Bill
4/1/73-EA
4/20/73
3/31/72
3/31/72
4/1/68
11/24/72
4/30/73
4.362# Bill
4.731# Bill
4/30/73
4/30/73
4/30/72
4/30/72
1,200
500
5/15/73
7-3/4# Note
4-3/4# Note
5/15/73-A
5/15/73-E
5/31/73
'4 .465# Bill
5.040# Bill
5/31/73
5/31/73
10/1/69
5/15/72
5/31/72
5/31/72
5,844
3,792
1,200
500
6/22/73
5.089# Bill
6/22/73
12/5/72
2,510
6/30/73
f4.853# Bill
1 5.346# Bill
6/30/73
6/30/73
6/30/72
6/30/72
1,201
500
4.918# Bill
5.223# Bill
7/31/73
7/31/73
7/31/72
7/31/72
1,201
501
Note
Bond
8/15/73-B
8/15/73
2/15/70
9/15/63
1,839
3,894
8/28/73
5.178# Bill
8/28/73
8/31/72
1.803
9/19/73
9.803# Bill
9/19/73
8/15/73
2,017
9/25/73
5.529# Bill
9/25/73
9/30/72
1,801
10/1/73-E0
10/23/73
11/15/73
11/20/73
12/18/73
10/1/68
10/31/72
7/22/64
11/ 3 0 / 7 2
12/31/72
30
1,802
4,336
1,802
1,800
7/31/73
(
8/15/73
r 8 -1 /8 #
1
10/1/73
10/17/73
11/15/73
11/14/73
12/12/73
4#
1-1/2#
5.318#
4-1/8#
5.225#
5.337#
Note '
Bill
Bond
Bill
Bill
34
2,012
Cash
retire
ment
Exchange
security
offered
Exchanged
Turned
in for
cash 2/
1,351
1,425
2,458
2,514
4,268
1,2001
501/*
2,012 «
3,lSl\c
1,194 L
1,200*
500
2,663 12/
2,598 11/
325
728
14/
15/
576 16/
■1/9/74
5.986# Bill
1/15/74
2/33/73
1.804
2/6/74
6.050# Bill
2/12/74
2/28/73
1,801
2/15/74
f 7-3/4# Note
V. 4 -1 / 8 # Bond
2/15/74-C
2/15/74
8/15/70
1/15/65
2,960
2,466
2,621
1,902
3/12/74
4/l/?4rEA
4/9/74
3/31/73
4/1/69
4/30/73
1,790
1,790
4/3/74
6.616# Bill
1-1/2# Note
6.598# Bill
34
1,802
34
1,802
Footnotes on following page.
Results of ex
change offers
342 12/
542 IS/
1,089
1,810
H/
Description of new
securities offered
(See also Table PDO-4)
52
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Footnotes to Table PDO-7
Source: Daily Treasury statement and Bureau of the Public Debt.
1/ Original call and maturity dates are used.
2/ All by investors other than Federal Reserve banks.
1/ Rolled over into new bills,
(see Table PDO-4).
tj Tax anticipation issue: for detail of offerings beginning July 1970.
see Table PDO-4; for amounts redeemed for taxes and for cash see
"Notes" below.
J5/ Of this amount $10 million of the 6-3/8% notes and $180 million of
the 4% bonds were exchanged by Federal Reserve banks and Government
accounts for 7-1/2% notes of Series C-1972. Other holders of the
maturing securities were not given preemptive rights to exchange
their holdings for the 7-1/2$ notes.
6/ Federal Reserve banks and Government accounts exchanged $1,500
million of the notes for 4-7/8% notes issued November 15, 1971.
7/ Subscribers exchanging these securities may elect, for Federal
income tax purposes, to recognize gain or loss on account of the
exchange either in the taxable year of the exchange or 1except to
the extent that cash is received) in the taxable year of dispositior
or redemption of the securities received in the .exchange. Any gain
to the extent that cash was received by the subscriber (other than
as an interest adjustment) must be recognized in the year of the
exchange.
8/ The four securities due in 1974 were eligible to be exchanged only
for the 6-3/8% bonds.
2/ Public holders of these securities were not given preemptive rights
to exchange them but they could be used in payment for new securities
allotted.
10/ Ex'jhan^ed by Federal Re-.rrve banks and ^-ov^rnment accounts for 4-3/L
notes issued May 15, 1972.
11/
12/
13/
Of this amount $595 million was exchanged by Federal Reserve banks
and Government accounts for 6-5/8% notes of Series B-1979. Other
holders of the maturing notes were not given preemptive rights to
exchange their holdings for the 6-5/8% notes.
Exchanged by Federal Reserve banks and Government accounts for $2,623
million of 6-7/7% notes of Series A-1980 and $40 million of 7% bonds
of 1993-98 issued May 15,1973.
Exchanged by Federal Reserve banks and Government accounts for 6-7/8%
notes of Series A-1980 issued May 15, 1973.
14/
Exchanged by Federal Reserve banks and Government accounts for $233
million of 7-3/4% notes of Series B-1977 and $92 million of 7-1/2%
bonds of 1988-93 issued August 15, 1973.
15/ Exchanged by Federal Reserve banks and Government accounts for $495
million of 7-3/4% notes of Series B-1977 and $233 million of 7-1/2%
bonds of 1988-93 issued August 15, 1973.
16/ Exchanged by Federal Reserve banks and Government accounts for $220
million of 7% notes of Series C-1979, $220 million of 7% notes of
Series H-1975 and $136 million of 7-ffo bonds of 1988-93 issued
November 15, 1973.
17/ Exchanged by Federal Reserve banks and Government accounts for $307
million of 6-7/8% notes of Series C-1977, $25 million of 7% notes of
Series A-1981 issued February 15, 1974, and $10 million of 7-1/2%
bonds of 1988-93 issued February 28,1974.
18/ Exchanged by Federal Reserve banks and Government accounts for $302
million of 7% notes of Series A-1981 issued February 15,1974, and
$240 million of 7-1/2% bondst of 1988-93 issued February 28,1974.
p
Preliminary.
Note: Information on retirement of tax anticipation issues referred to
in footnote 4. in millions of dollars:
Date of
retirement
Securities
Total
amount
retired
Redeemed
for
taxes
Redeemed
for
cash
9/23/70
3/22/71
Bill
1,758
750
1,008
Bill
2,517
457
2,060
4/22/71
Bill
2, 26l \
2,001J
957
3,305
6/22/71
Bill
2,515
1,158
1,357
9/21/71
Bill
1,752
899
853
4/21/72
Bill
4,033
1,023
3,010
6/21/72
Bill
3,026
1,934
1,092
4/20/73
Bill
2,012
912
1,100
6/22/73
Bill
2,510
1,687
823
9/19/73
Bill
2,017
494
1,523
A pril 1974
53
Pimi.Tf! DEBT OPERATIONS___________
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U.S. Dollars; dollar amounts in millions)
Month of
Activity
Issue
date
Maturity
date
Interest
rate
(Percent)
f 4/3/72
4/4/72
4/4/72
4/7/72
4/7/72
4/10/72
4/21/72
4/28/72
5/17/72
5/30/72
6/1/72
6/28/72
7/3/72
7/3/72
7/6/72
7/6/72
7/7/72
( 7/7/72
7/7/72
7/10/72
7/17/72
7/17/72
7/18/72
7/18/72
7/18/72
7/18/72
7/18/72
7/19/72
7/19/72
7/19/72
7/20/72
w 7/28/72
7/3/72
7/3/72
7/3/72
7/7/72
7/7/72
7/10/72
7/20/72
7/28/72
8/17/72
8/30/72
9/1/72
9/28/72
10/3/72
10/3/72
10/6/72
10/6/72
10/6/72
10/6/72
10/6/72
10/10/72
10/17/72
10/17/72
10/18/72
10/18/72
10/18/72
10/18/72
10/18/72
10/19/72
10/19/72
10/19/72
10/20/72
10/27/72
3.85
3.80
3.80
3.80
3.80
3.80
3.85
3.55
3.70
3.80
3.80
4.05
4.15
4.15
4.15
4.15
4.15
4.15
4.15
4.15
4.10
4.10
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
4.05
Securities
Amount
Issued
Retired
Total outstanding
end of month
"V
r
Certificates of indebtedness
1972-July............
NOX6S
' 6/17/71
6/24/71
7/7/71
7/14/71
7/7/72
7/14/72
7/19/72
I
7/19/72
7/19/72
7/19/72
7/19/72
7/19/72
7/19/72
w 7/20/72
Aug.............
Notes
-
_
557
15
75 •
30
44
100
40
25
405
50
300
878
270
350
417
-
5/4/72
5/10/72
5/12/72
5/12/72
5/16/72
5/17/72
5/17/72
5/17/72
5/17/72
5/18/72
5/18/72
5/24/72
5/25/72
5/30/72
7/19/72
8/4/72
<. 8/10/72
8/11/72
8/11/72
8/14/72
8/14/72
8/15/72
8/16/72
8/16/72
8/16/72
8/17/72
8/17/72
8/17/72
8/18/72
8/18/72
8/24/72
8/25/72
8/30/72
8/4/72
8/10/72
8/11/72
8/11/72
8/16/72
8/17/72
8/17/72
8/17/72
8/17/72
8/18/72
8/18/72
8/24/72
8/25/72
8/30/72
10/19/72
11/3/72
11/10/72
11/13/72
11/13/72
11/14/72
11/14/72
11/15/72
11/16/72
11/16/72
11/16/72
11/17/72
11/17/72
11/17/72
11/17/72
11/17/72
11/24/72
11/24/72
11/30/72
3.60
3.50
3.50
3.50
3.70
3.70
3.70
3.70
3.70
3.70
3.70
3785
3.85
3.80
3.95
3.80
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
4.05
4.05
4.35
55
105
70
50
8
20
15
20
18
2
10
275
100
35
600
35
30
100
55
105
70
50
20
10
258
350
100
35
600
35
30
100
41
_
-
f 7/22/71
< 7/29/71
^ 8/24/72
8/24/72
8/24/72
11/29/73
5.94
6.15
5.05
_
100
100
'
_
200
2 0 ,0 3 9
\
1 9 ,7 2 a
100
100
200
200
-
5.85
5.85
6.05
5.80
5.90
5.875
5.75
5.90
5.90
5.95
6.00
6.05
6.10
5.00
200
200
500
500
500
500
500
500
500
200
>
-
7/20/72
7/20/72
7/7/72
7/14/72
7/7/77
7/14/77
3/22/76
3/22/77
9/22/77
3/22/78
9/22/78
5/15/79
7/16/79
10/18/73
f
Certificates of indebtedness
15
632
270
50
350
30
44
100
70
250
17
450
417
24
83
31
193
91
40
25
Treasury Bulletin
54
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to O fficial Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars; dollar amounts in millions)
Issue
date
Maturity
date
Interest
rate
(Percent)
6/20/72
6/20/72
6/23/72
6/26/72
7/18/72
7A9/72
(
8/11/72
8/14/72
8/16/72
9/20/72
9/20/72
9/25/72
> 9/26/72
9/20/72
9/20/72
9/25/72
9/26/72
10/18/72
10/19/72
11/13/72
11/14/72
11/16/72
12/20/72
12/20/72
12/26/72
12/26/72
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
4.65
4.65
4.65
4.65
8/26/71
{ 9/15/72
„
9/21/72
X
7/3/72
7/3/72
7/6/72
7/7/72
7/7/72
7/10/72
7/17/72
7/17/72
7/18/72
7/18/72
7/18/72
7/18/72
7/18/72
7/19/72
7/19/72
7/20/72
Certificates of indebtedness < 7/28/72
8/17/72
10/3/72
10/3/72
10/6/72
10/6/72
10/6/72
10/10/72
10/17/72
10/17/72
10/18/72
10/18/72
10/18/72
10/19/72
10/19/72
10/20/72
10/27/72
9/21/72
3/15/77
12/27/73
10/3/72
*10/3/72
10/6/72
10/6/72
10/6/72
10/10/72
10/17/72
10/17/72
10/18/72
10/18/72
10/18/72
10/18/72
10/18/72
10/19/72
10/19/72
10/20/72
10/27/72
11/17/72
1/3/73
1/3/73
1/5/73
1/5/73
1/5/73
1/10/73
1/17/73
1/17/73
1/18/73
1/18/73
1/18/73
1/19/73
1/19/73
1/19/73
1/26/73
5.40
2.50
5.60
4.15
4.15
4.15
4.15
4.15
4.15
4.10
4.10
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
4.05
3.95
4.60
4.60
4.60
4.60
4.60
4.75
4.85
4.85
4.85
4.85
4.85
4.85
4.85
4.85
4.75
15
632
30
50
44
100
.250
70
120
11
25
26
195
40
25
9/23/71
10/26/72
10/26/72
1/24/74
5.40
5.60
200
11/3/72
11/10/72
11/13/72
11/14/72
11/15/72
11/16/72
11/16/72
11/17/72____
11/17/72
11/17/72
11/17/72
11/17/72
11/24/72
11/25/72
11/30/72
1/3/73
1/5/73
2/2/73
2/9/73
2/13/73
2/14/73
2/15/73
2/16/73
2/16/73
2/16/73
2/16/73
2/16/73
5/17/73
2/23/73
5/30/73
3.80
3.95
3.95
3.95
3.95
3.95
3.95
Month of
Activity
Securities
Certificates of indebtedness
1972-Sept...............
Notes
Oct
Notes
f
*
r
f
Certificates of indebtedness
8/4/72
8/10/72
8/11/72
8/14/72
8/15/72
8/16/72
8/16/72
8/17/72.
8/17/72
8/17/72
8/18/72
8/18/72
8/24/72
8/25/72
< 8/30/72
10/3/72
10/6/72
11/3/72
11/10/72
11/13/72
11/14/72
11/15/72
11/16/72
11/16/72
11/17/72
11/17/72
11/17/72
11/17/72
11/24/72
k 11/30/72
> .3^,95
3.95
3.95
3.95
3.95
4.05
4.05
4.35
4.60
4.60
4.80
4.70
4.70
4.80
4.80
4.80
4.80
4.80
4.80
4.80
5.10
4.80
5.20
Amount
Issued
_
_
_
_
_
_
_
Retired
564
362
728
159
30
50
50
8
2
564
362
728
159
_
_
_
-
_
200
157
200
_
-
-
_
_
_
_
_
_
_
55
105
70
20
15
20
18
10
35
115
706
55
100
_
-
Total outstanding
end of month
*
►19,745
4
15
632
50
30
44
100
250
70
300
120
17
24
83
31
193
40
25
40
10
►19,304
-
200
55
105
70
20
15
20
18
10
100
235
35
600
35
30
100
5
50
*>
>19,120
_
_
.
_
5
-
April 1974
55
________________ PUBLIC DEBT OPERATIONS_______________ _
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars; dollar amounts in millions)
Month of
activity
1972-Dec.
Securities
\Certificates of indebtedness
Notes
1973-Jan.
\Certificates of indebtedness
Notes
Feb.
cCertificates of indebtedness
Notes
Mar.
< Certificates of indebtedness
Issue
date
Maturity
date
Interest
rate
(Percent)
Amount
Issued
Retired
6/28/72
9/20/72
9/20/72
9/25/72
9/26/72
10/6/72
11/17/72
11/24/72
12/20/72
12/20/72
12/20/72
12/26/72
12/28/72
12/20/72
12/20/72
12/26/72
12/26/72
1/5/73
2/16/73
2/23/73
3/20/73
3/20/73
6/20/73
3/26/73
4.50
4.65
4.65
4.65
4.65
4.60
4.80
4.80
5.10
5.10
5.30
5.15
* 6/27/68
12/27/72
5.70
12
1/3/73
1/5/73
1/5/73
1/10/73
1/17/73
1/17/73
1/18/73
1/18/73
1/18/73
1/19/73
1/19/73 .
1/19/73
1/26/73
4/3/73
7/3/73
4/5/73
4/5/73
4/10/73
4/17/73
4/17/73
4/18/73
4/18/73
4/19/73
4/19/73
4/26/73
4.60
4.60
4.60
4.75
4.85
4.85
4.85
4.85
4*85
4.85
4.85
4.85
4.75
5.20
5.40
5.20
5.20
5.15
5.30
5.30
5.30
5.30
5.30
5.30
5.65
632
25
44
7/1/68
7/2/68
10/28/71
1/15/73
1/25/73
1/2/73
1/2/73
1/25/73
7/15/77
4/25/74
6.00
6.00
11/3/72
ll/l0/72
11/13/72
11/14/72
11/15/72
11/16/72
11/16/72
11/17/72
11/17/72
11/24/72
2/2/73
2/7/73
2/7/73
2/8/73
2/9/73
2/9/73
2/9/73
2/9/73
2/13/73
2/13/73
2/14/73
2/14/73
2/14/73
2/16/73
2/16/73
j 2/23/73
2/2/73
2/9/73
2/13/73
2/14/73
2/15/73
2/16/73
2/16/73
2A6/73
2/16/73
2/23/73
5/2/73
5/7/73
5/7/73
5/8/73
5/9/73
5/9/73
5/9/73
5/9/73
5/14/73
5/14/73
5/14/73
5/14/73
5/14/73
5/16/73
5/16/73
5/23/73
4.80
4.70
4.70
4.80
4.80
4.80
4.80
4.80
4.80
4.80
5.70
5.70
5.70
5.70
5.70
5.70
5.70
5.70
5.45
5.45
5.45
5.45
5.45
5.45
5.45
5.45
f 11/18/71
< 11/29/71
2/22/73
2/22/73
2/22/73
5/23/74
4.75
4.95
6.15
12/20/72
12/20/72
12/26/72
2/9/73
2/14/73
3/6/73
3/6/73
3/6/73
3/7/73
3/20/73
3/20/73
3/26/73
3/20/73
3/20/73
3/26/73
5/9/73
5/14/73
6/6/73
6/6/73
6/6/73
6/7/73
6/20/73
6/20/73
6/26/73
5.10
’ 10/3/72
10/6/72
10/6/72
10/10/72
10/17/72
10/17/72
10/18/72
10/18/72
10/18/72
10/19/72
10/19/72
10/20/72
10/27/72
1/3/73
1/3/73
1/5/73
1/5/73
1/10/73
1/17/73
1/17/73
1/18/73
1/18/73
1/19/73
1/19/73
1/26/73
4.80
2.50
5.93
Total outstanding
end of month
75
362
564
728
159
5
100
20
>18,921
362
337
227
900
100
70
250
11
25
120
26
195
40
25*619
23
20
20
44
100
70
250
11
25
40
50
25
10
5
200
156
200
55
105
70
20
15
18
20
45
15
30
55
6
413
32
105
32
>23,792
102
1,483
36
70
30
3,050
261
180
65
15
30
36
30
400
200
100
300
337
5.10
362
5.15
5.70
5.45
5.90
5,.90
5, 90
5 ,90
6 35
6 35
6 35
900
102
180
601
109
2,523
189
337
200
900
>26,760
56
Treasury Bulletin
.PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries, - (Continued)
(Payable in U.S. Dollars; dollar amounts in millions)
Month of
activity
C
Notes
I
\
>
1973-Apr.
Certificates of indebtednesi
v
Notes
Certificates of indebtedness
May.
Notes
June.
Certificates of indebtedness
Maturity
date
Interest
rate
(Percent)
9/9/68
12/6/71
12/23/71
3/22/73
3/29/73
3/9/73
3/22/73
3/29/73
6/27/74
6/27/74
5.35
4.80
4.70
7.00
6.80
1/3/73
1/5A3
1/10/73
1/17/73
1/17/73
1/18/73
1/18/73
1/19/73
1/19/73
1/26/73
4/3/73
4/5/73
4/10/73
4/17/73
4A7/73
4/18/73
4/18/73
4/19/73
4/19/73
4/26/73
4/3/73
4/5/73
4/10/73
4/17/73
4/17/73
4/18/73
4/18/73
4/19/73
4/19/73
4/26/73
7/3/73
7/5/73
7/10/73
7/17/73
7/17/73
7/18/73
7/18/73
7/19/73
7/19/73
7/26/73
5.20
10/9/68
12/7/71
1/20/72
4/26/73
11/17/72
11/30/72
2/2/73
2/7/73
2/9/73
2/9/73
2 A3/73
2/14/73
2/14/73
2/16/73
2/16/73
2/23/73
3/20/73
4AO/73
• 5/2/73
5/7/73
5/9/73
5/9/73
5/14/73
5/14/73
5/14/73
5/14/73
5/16/73
5/16/73
5/17/73
5/23/73
5/30/73
4/9/73
4/26/73
4/26/73
7/25/74
5/17/73
5/30/73
5/2/73
5/7/73
5/9/73
5/9/73
5/14/73
5/14/73
5/14/73
5/16/73
5/16/73
5/23/73
6/20/73
7/10/73
8/2/73
8/7/73
8/9/73
11/9/73
8/14/73
8/14/73
8/14/73
11/14/73
8/16/73
8/16/73
11/16/73
8/23/73
11/30/73
6.30
6.30
6.15
6.45
6.15
6.15
6.15
6.45
6.20
6.20
6.45
6.45
6.90
11/22/68
1/20/72
2/24/72
5/24/72
5/22/73
5/24/73
5/24/73
8/22/74
5.50
4.30
4.25
7.00
12/20/72
1/3/73
3/6/73
3/6/73
3/6/73
3/7/73
3/20/73
3/20/73
3/26/73
4/3/73
6/6/73
6/6/73
6/6/73
6/6/73
6/7/73
6/20/73
6/20/73
6/26/73
6/29/73
6/20/73
7/3/73
6/6/73
6/6/73
6/6/73
6/7/73
6/20/73
6/20/73
6/26/73
7/3/73
9/6/73
9/6/73
9/6/73
12/6/73
9/7/73
9/20/73
9/20/73
9/26/73
9/28/73
5.30
5.40
5.90
5.90
5.90
5.90
6.35
6.35
6.35
6.55
7.15
7.15
7.15
7.25
7.15
7.30
7.30
7.25
7.25
Issue
date
Securities
[
{
Amount
Issued
5.50
4.65
4.30
6.75
Total outstanding
end of month
10
100
200
100
200
619
44
5.20
5.15
30
30
30
30
30
5.30
5.65
6.55
6.55
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.25
Retired
100
250
70
11
25
40
50
25
619
44
>
100
26,755
250
70
11
25
40
50
25
5
175
100
275
5.10
706
5.20
5.70
5.70
5.70
5.70
5.45
5.45
5.45
5.45
5.45
5.45
6.35
100
55
413
105
1,483
70
261
2,650
15
65
30
75
6.20
100
26,594
55
413
105
1,480
70
261
1,170
1,500
15
65
706
30
100
3
90
150
240
227
23
109
601
2,523
189
262
200
900
619
109
601
2,503
20
189
489
200
900
652
26,781
April 1974
57
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars; dollar amounts in millions)
Month of
activity
Issue
date
Securities
f
Certificates of indebtedness
1973-July.
Notes
Aug.
Certificates of indebtedness
12/24/68
Maturity
date
Interest
rate
(Percent)
Amount
Issued
Retired
6.00
2
5.97
20
12/27/68
6/25/71
3/30/72
6/21/73
6/25/73
6/29/73
6/25/73
6/27/73
6/25/73
6/21/73
9/19/74
6/23/80
12/29/77
4/05/73
4/17/73
4/17/73
4/18/73
4/18/73
4/19/73
4/19/73
4/26/73
5/14/73
6/20/73
6/26/73
7/05/73
7/12/73
7/13/73
7/13/73
7/13/73
7/16/73
7/16/73
7/17/73
7/17/73
7/17/73
7/17/73
7/17/73
7/18/73
7/18/73
7/18/73
7/18/73
7/18/73
7/19/73
7/19/73
7/19/73
7/19/73
7/23/73
7/23/73
7/24/73
7/26/73
7/27/73
7/30/73
7/31/73
7/05/73
7/17/73
7/17/73
7/18/73
7/18/73
7/19/73
7/19/73
7/26/73
8/14/73
9/20/73
9/26/73
10/05/73
10/12/73
10/15/73
10/15/73
10/15/73
10/16/73
10/16/73
10/17/73
10/17/73
10/17/73
10/17/73
10/17/73
10/18/73
10/18/73
10/18/73
10/18/73
10/18/73
10/19/73
10/19/73
10/19/73
10/19/73
10/23/73
10/23/73
10/24/73
10/26/73
10/29/73
10/30/73
10/31/73
f 12/31/68
7/07/71
7/14/71
4/27/72
7/09/73
7/16/73
7/19/73
7/02/73
7/09/73
7/16/73
7/19/73
7/08/80
7/15/80
10/24/74
6.00
100
6.45
6.30
4.60
7.20
7.30
200
200
200
200
8.10
175
5/2/73
5/7/73
5/9/73
5/14/73
5/14/73
5/16/73
5/16/73
5/23/73
6/6/73
6/6/73
6/7/73
7/12/73
7/13/73
7/13/73
7/13/73
7/16/73
7/16/73
7/17/73
7/17/73
7/17/73
7/18/73
7/18/73
7/18/73
7/19/73
7/19/73
7/19/73
7/23/73
7/23/73
7/24/73
7/27/73
7/30/73
7/31/73
8/1/73
8/2/73
8/2/73
8/2/73
8/7/73
8/9/73
8/14/73
8/14/73
8/16/73
8/16/73
8/23/73
9/6/73
9/6/73
9/7/73
10/12/73
10/15/73
10/15/73
10/15/73
10/16/73
10/16/73
10/17/73
10/17/73
10/17/73
10/18/73
10/18/73
10/18/73
10/19/73
10/19/73
10/19/73
10/23/73
10/23/73
10/24/73
10/29/73
10/30/73
10/31/73
11/1/73
11/2/73
11/2/73
6.30
6.30
6.15
6.15
6.15
6.20
6.20
6.45
7.15
7.15
7.15
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.15'
8.15
8.15
8.15
8.35
8.35
8.35
8.35
6.20
5.05
7.10
6.95
2.50
600
200
200
600
199
6.55
6.20
44
250
70
6.20
11
6.20
6.20
25
40
50
25
261
489
15
6.20
6.20
6.25
6.15
7.30
7.25
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.15
8.15
8.15
8.15
8.35
Total outstanding
end of month
44
2
3
20
30
8
17
250
70
1
5
7
11
>
25
1
3
14
40
50
6
24
5
18
1
25
24
53
264
175
55
413
105
1,170
70
15
65
30
135
109
89
2
20
3
30
8
17
7
5
1
3
14
1
8
16
6
14
55
16
5
18
1
24
53
3
14
16
26,420
58
Treasury Bulletin
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars; dollar amounts in millions)
Month of
activity
Securities
Notes
1973-Sept.
Certificates of indebtedness
Notes
Certificates of indebtedness
Oct.
Notes
Issue
date
Maturity
date
Amount
Interest
rate
(Percent)
Issued
_
8/7/73
8/9/73
8/14/73
8/14/73
8/16/73
8/16/73
8/22/73
8/23/73
8/23/73
8/29/73
8/31/73
11/7/73
11/9/73
11/14/73
11/14/73
11/16/73
11/16/73
11/23/73
11/23/73
11/23/73
11/29/73
11/30/73
8.50
8.50
9.00
9.00
9.00
9.00
8.95
8.95
8.95
8.70
8.70
413
105
1,170
70
15
65
45
8
30
1
472
8
_
_
45
8
_
_
5/25/72
8/23/73
4.67
-
150
6/06/73
6/06/73
6/07/73
6/20/73
6/26/73
6/29/73
8/09/73
8/29/73
9/06/73
9/06/73
9/06/73
9/06/73
9/07/73
9/10/73
9/19/73
9/20/73
9/20/73
9/24/73
9/24/73
9/25/73
9/25/73
9/26/73
9/26/73
9/27/73
9/28/73
9/28/73
9/06/73
9/06/73
9/07/73
9/20/73
9/26/73
9/28/73
11/09/73
11/29/73
10/09/73
12/06/73
12/06/73
3/06/74
12/07/73
12/10/73
12/19/73
12/20/73
12/20/73
12/21/73
12/21/73
12/27/73
12/27/73
12/26/73
12/28/73
12/27/73
12/28/73
12/28/73
7.15
7.15
7.15
7.30
7.25
7.25
8.50
8.70
8.80
8.80
8.80
8.75
8.80
8.80
8.80
8.80
8.80
8.80
8.80
7.35
7.35
7.35
7.35
7.35
7.35
7.35
158
2,533
158
158
100
4
31
200
10
87
46
66
27
901
73
92
4
664
2,503
466
100
200
885
652
38
1
4
-
-
Total outstanding
end of month
Retired
•
-
6/22/72
9/20/73
4.95
-
200
7/05/73
7/17/73
7/17/73
7/18/73
* 7/18/73
7/19/73
7/19/73
7/19/73
7/26/73
7/31/73
8/09/73
8/23/73
9/06/73
9/07/73
9/19/73
9/20/73
9/24/73
9/25/73
9/26/73
9/28/73
9/28/73
10/01/73
10/02/73
10/02/73
10/09/73
10/09/73
10/12/73
10/17/73
10/17/73
10/18/73
10/19/73
10/19/73
10/25/73
10/26/73
10/31/73
10/05/73
10/17/73
10/17/73
10/18/73
10/18/73
10/19/73
10/19/73
10/19/73
10/26/73
10/31/73
10/09/73
11/23/73
10/09/73
12/07/73
12/19/73
12/20/73
12/21/73
12/27/73
12/26/73
12/28/73
12/28/73
12/31/73
1/02/74
1/02/74
1/09/74
1/09/74
1/11/74
1/17/74
1/17/74
1/18/74
1/18/74
1/18/74
1/25/74
1/25/74
1/31/74
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.15
8.35
8.50
8.95
8.80
8.80
8.80
8.80
8.80
7.35
7.35
7.35
7.35
7.35
7.15
7.15
7.35
7.35
7.35
7.20
7.20
7.20
7.20
7.20
6.95
6.95
7.20
58
104
215
158
95
21
45
250
11
50
31
3
25
417
44
70
250
11
25
9
50
31
25
261
19
30
158
100
31
10
46
66
150
4
300
-
7/20/72
10/01/73
10/18/73
10/18/73
12/19/74
1/23/75
5.00
7.50
7.10
50
200
_
21
50
14
3
200
-
\ 26,420
) 26,175
A pril 1974
59
.PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to O fficial Institutions of Foreign Countries—Continued
(Payable in U.S. Dollars; dollar amounts in millions)
Month of
Activity
Securities
Issue
date
Interest
rate
(Percent)
Amount
Issued
8/31/73
9/6/73
9/6/73
9/26/73
9/26/73
9/28/73
10/19/73
11/2/73
11/7/73
11/9/73
11/9/73
11/9/73
11/14/73
11/14/73
11/14/73
11/16/73
11/16/73
11/16/73
11/30/73
11/30/73
11/30/73
11/30/73
6.45
6.45
6.45
6.90
7.25
8.35
8.50
8.50
9.00
9.00
9.00
9^.00
8.70
8.80
8.80
7.35
7.35
7.35
7.20
7.20
8.10
8.10
8.10
8.00
8.40
8.65
8.65
8.65
8.65
8.65
7.70
7.70
7.70
7.70
Notes
8/24/72
11/29/73
9/20/73
2/28/74
12/19/74
12/20/73
5.50
7.20
8.80
Certificates of indebtedness
9/24/73
9/25/73
9/26/73
9/27/73
10/1/73
12/20/73
12/21/73
12/27/73
12/27/73
12/28/73
12/31/73
12/21/73
12/27/73
12/28/73
12/27/73
12/31/73
3/20/74
3/21/74
3/27/74
3/27/74
3/28/74
4/1/74
8.80
7.35
7.35
7.35
7.35
7.40
7.40
7.35
7.35
7.35
7.40
2/2/72
9/21/72
12/27/73
12/3/73
12/27/73
1/9/75
4.80
5.60
7.12
10/2/73
10/2/73
10/9/73
10/9/73
10/17/73
10/17/73
10/18/73
10/19/73
10/26/73
10/31/73
12/20/73
12/27/73
12/31/73
1/2/74
1/2/74
1/9/74
1/9/74
1/17/74
1/18/74
1/25/74
1/31/74
1/2/74
1/2/74
1/9/74
1/9/74
1/17/74
1/17/74
1/18/74
1/18/74
1/25/74
1/31/74
3/20/74
3/27/74
4/1/74
4/2/74
4/2/74
4/9/74
4/9/74
4/17/74
4/18/74
4/25/74
5/1/74
7.15
7.15
7.35
7.35
7.20
7.20
7.20
7.20
6.95
7.20
7.40
7.35
7.40
7.40
7.40
7.65
7.65
8.00
8.00
8.00
7.80
106
215
158
95
180
7
25
123
10/26/72
1/24/74
1/24/74
4/24/75
5.60
7.35
200
11/2/73
l]/7/73
11/9/73
11/9/73
11/14/73
11/14/73
11/16/73
11/16/73
2/1/74
2/7/74
2/8/74
2/8/74
2/14/74
2/14/74
2/15/74
2/15/74
7.20
8.10
8.10
8.10
8.65
8.65
8.65
8.65
( Certificates of indebtedness
Dec.
Notes
Certificates of indebtedness
1974-Jan.
Notes
Retired
Total outstanding
end of month
1,480
1,500
706
100
20
55
413
40
1,170
70
65
.15
472
11/9/73
13/14/73
11/16/73
11/30/73
12/6/73
11/2/73
11/7/73
11/9/73
11/14/73
H/14/73
11/16/73
11/16/73
11/30/73
12/6/73
12/6/73
12/26/73
12/26/73
12/28/73
1/28/74
2/1/74
2/7/74
2/8/74
2/8/74
5/9/74
5/14/74
2/14/74
2/14/74
2/15/74
2/15/74
2/15/74
2/28/74
2/28/74
5/30/74
5/30/74
5/9/73
5/14/73
5/17/73
5/30/73
6/6/73
8/2/73
8/7/73
8/9/73
8/14/73
8/14/73
8/16/73
8/16/73
1973-Nov.
Maturity
date
2,533
158
150
601
364
10
55
413
40
33
1,480
1,500
1,170
70
65
15
626
472
2,533
20
158
426
200
200
200
86
26
73
92
58
204
88
26
92
73
59
} 24,461
22
200
200
104
215
158
95
250
45
11
7
25
417
30
92
59
106
200
55
413
40
33
70
1,170
65
200
) 23,757
60
Treasuiy Bulletin
.PUBLIC DEBT OPERATIONS
Table PDO-8. -Foreign Series Securities (Nonmarketable)
Issued to O fficial Institutions of Foreign Countries—Continued
(Payable in U.S. Dollars; dollar amounts in millions)
Month of
Activity
Issue
date
Securities
11/ 1 6 / 7 3
1 1 /3 0 / 7 3
1974-Feb.............
< Certificates of indebtedness
1 1 /3 0 / 7 3
< 12/28/73
2/1/74
2/7/74
2/8/74
2/14/74
2/14/74
2/15/74
2/15/74
2/15/74
2/28/74
2/28/74
2/28/74
_ 2/28/74
"
Mar.............
j Certificates of indebtedness
\
Source:
Bureau of the Public Debt.
*
Less than $500,000.
9/6/73
12/20/73
12/21/73
12/27/73
12/28/73
1/9/74
2/7/74
2/14/74
3/1/74
<
3/6/74
3/12/74
3/13/74
3/18/74
3/21/74
3/22/74
3/25/74
3/26/74
Maturity
date
Interest
rate
(Percent)
2/15/74
2/28/74
2/28/74
3/28/74
5/2/74
5 A M
5/8/74
5/14/74
5/14/74
5/15/74
5/15/74
5/15/74
5/28/74
5/28/74
5/28/74
5/28/74
8.65
7.70
7.70
7.35
7.80
6.95
6.95
7.10
7.10
7.10
7.10
7.10
7.20
7.10
7.20
7.20
3/6/74
3/20/74
3/21/74
3/27/74
3/28/74
4/9/74
5/7/74
5/14/74
5/31/74
6/6/74
6/12/74
6/13/74
6/18/74
6/21/74
6/21/74
6/25/74
6/26/74
8.75
7.40
7.40
7.35
7.35
7.65
6.95
7.10
7.20
7.70
7.95
7.95
7.95
8.05
8.05
8.05
8.30
Amount
Issued
_
55
421
40
70
1,196
65
204
15
80
80
3,000
14
_
77
165
12
21
486
87
68
49
10
Retired
15
158
3,005
10.
-
Total outstanding
end of month
I
f 23,762
-
158
174
88
26
63
95
421
106
4
~
>
>23,602
>
April 1974
61
. PUBLIC DEBT OPERATIONS.
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
________ (Dollar amounts in millions)_________
Amount
(Dollar equivalent)
Month of
activity
Securities
8.08
6.75
f Swiss francs
J Swiss francs
\ Swiss francs
V. Swiss francs
4/9/69
4/29/70
7/9/70
7/29/70
7/9/70
7/29/70
10/8/71
10/29/71
6.20
6.20
7.30
7.23
Certificates of indebtedness
Swiss francs
Swiss francs
2/6/70
8/6/70
8/6/70
2/5/71
8.125
6.75
Notes
Swiss francs
Swiss francs
6/9/69
9/9/70
9/9/70
12/9/71
Notes
Certificates of indebtedness
1971-Jan..
Notes
_
30
40
30
39
_
50
50
-
6.89
6.90
_
101
101
-
_
22
134
-
J
100
'I
1
10/5/70
10/16/70
1/5/72
1/17/72
7.70
7.55
6.70
6.55
^ Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
7/23/70
1/22/71
9/9/69
1/29/71
1/22/71
7/22/71
1/29/71
5/30/72
6.75
4.40
7.85
4.40
22
133
_
100
30
2/5/71
8/5/71
2/18/71
5/18/72
6.75
4.26
7.60
3.90
_
50
30
-
-
-
30
-
'8/6/70
2/5/71
11/18/69
2/18/71
Swiss francs
3/10/71
9/10/71
3.35
250
-
f Swiss francs
7/22/71
8/5/71
9/10/71
9/10/71
6/1/71
7/6/71
7/22/71
8/5/71
8/6/71
8/19/71
9/13/71
10/8/71
10/29/71
12/9/71
1/5/72
1/17/72
4.40
4.26
3.35
3.35
8.10
6.75
4.40
4.26
7.70
7.73
7.60
7.30
7.23
6.90
6.70
6.55
_
100
50
250
-
Certificates of indebtedness
50
30
-
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
1/22/71
2/5/71
3/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
1/30/70
4/6/70
5/6/70
5/19/70
6/11/70
7/9/70
7/29/70
9/9/70
10/5/70
10/16/70
1/29/71
2/18/71
5/10/71
5/10/71
6/1/71
7/6/71
8/6/71
8/19/71
9/13/71
10/8/71
10/29/71
12/9/71
1/5/72
1/17/72
5/30/72
5/18/72
5/k8/72
5/30/72
8.10
6.75
7.70
7.73
7.60
7.30
7.23
6.90
6.70
6.55
4.40
3.90
3.90
4.40
Swiss francs
Swiss francs
• 5/10/71
6/1/71
6/1/71
9/1/72
8.10
5.15
J Swiss francs
< Swiss francs
1 Swiss francs
5/10/71
5/10/71
7/22/71
7/6/71
7/22/71
1/21/72
6.75
4.40
5.75
105
Swiss francs
7/6/71
10/6/72
6.15
55
C Swiss francs
/ Swiss francs
\ Swiss francs
V. Swiss francs
5/10/71
5/10/71
5/10/71
8/5/71
8/5/71
8/6/71
8/19/71
2/4/72
4.26
7.70
7.73
5.75
53
Swiss francs
Swiss francs
Swiss francs
8/6/71
8/19/71
8/27/71
11/6/72
11/20/72
8/27/73
6.35
5.65
5.67
27
29
333
f Swiss francs
\ Swiss francs
5/10/71
5/10/71
9/10/71
9/13/71
3.35
7.60
Notes
Swiss francs
Swiss francs
9/10/71
9/13/71
12/11/72
12/13/72
5.45
5.55
Certificates of indebtedness
Swiss francs
Swiss francs
5/10/71
5/10/71
10/8/71
10/29/71
7.30
7.23
Notes
Swiss francs
Swiss francs
10/8/71
10/29/71
1/8/73
1/29/73
5.25
4.85
Certificates of indebtedness
Notes
Swiss francs
Swiss francs
5/L0/71
12/9/71
12/9/71
6.90
4.80
Ill
106
-
5.75
2
-
Certificates of indebtedness
May.
Notes
Certificates of indebtedness
Notes
Certificates of indebtedness
July.
Notes
Certificates of indebtedness
263
27
55
105
53
27
29
24
32*
42
106
24
140
_
-
_
32
32
27
_
-
Aug.
Notes
Certificates of indebtedness
(
-
Sept.
Oct.
Certificates of indebtedness!/
Swiss francs
8/5/71
3/9/73
2/4/72
269
25
33
43
-
>
1,366
[
-
francs
francs
francs
francs
Swiss
Swiss
Swiss
Swiss
Total outstanding
end of month
100
7/3/69
7/16/69
10/5/70
10/16/70
Notes
Dec.
Retired
100
francs
francs
francs
francs
Certificates of indebtedness
June.
7/23/70
Issued
C Swiss
/ Swiss
\ Swiss
V* Swiss
Feb..
Mar..
Interest
rate
(percent)
1/22/71
Notes
Oct..
Maturity
date
1/23/70
7/23/70
1970-July,
Sept.
Issue
date
] Swiss francs
\ Swiss francs
Certificates of indebtedness
Aug..
Payable
in —
-/
J
1,366
1,366
j
V
/
1,366
I
f
1,366
J
"1
\
1,366
f
J
1,616
-
26
52
26
28
23
30
40
101
22
133
30
30
-
>
-J
27
55
105
1,664
1.664
J
'I
I
1.664
)
1,998
I
2,005
-
53
27
29
-
_
-
J
263
24
-
J
32
42
-
2,008
J
'I
^
J
✓
'I
2,013
Treasury Bulletin
62
.PUBLIC DEBT OPERATIONS.
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Dollar amounts in millions)
Amount
(Dollar equivalent)
Month of
activity
Payable
in —
Securities
German marks
German marks
German marks
German marks
German marks
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Issue
date
Maturity
date
Interest
rate
(percent)
Issued
8/19/69
10/2/69
5/10/71
5/10/71
6/1/71
7/6/71
8/6/71
8/19/71
9/10/71
9/13/71
10/8/71
10/29/71
12/9/71
8/27/71
3/3/72
10/2/72
12/22/72
2/19/73
10/2/73
5/18/72
5/30/72
9/1/72
10/6/72
11/6/72
11/20/72
12/11/72
12/13/72
1/8/73
1/29/73
3/9/73
8/27/73
5.28
5.73
6.25
3.05
4.43
3.90
4.40
5.15
6.15
6.35
5.65
5.45
5.55
5.25
4.85
4.80
5.67
francs
francs
francs
francs
5/10/71
5/10/71
7/22/71
1/21/72
1/5/72
1/17/72
1/21/72
7/21/72
6.70
6.55
5.75
3.50
Notes
Swiss francs
Swiss francs
1/5/72
1/17/72
4/5/73
4/17/73
4.50
4.15
Feb.,
Certificates of indebtedness
Swiss francs
Swiss francs
8/5/71
2/4/72
2/4/72
8/4/72
Mar.,
Notes
’ German marks
German marks
.German marks
7/3/67
10/2/69
3/3/72
3/3/7;,
10/2/73
10/2/733 / ^
5.28
4.43
2.051
'Swiss
Swiss
Swiss
NSwiss
francs
francs
francs
francs
5/10/71
5/10/71
5/18/72
5/30/72
5/18/72*
5/30/72
8/20/73
8/30/73
3.90
4.40
4.77
4.55
Swiss francs
Swiss francs
German marks
1/21/72
7/21/72
7/3/67
7/21/72
1/19/73
7/3/72
3.50
4.375
5.28
Swiss francs
Swiss francs
2/4/72
8/4/72
8/4/72
2/2/73
3.625
4.25
57
Swiss francs
Swiss francs
6/1/71
9/1/72
9/1/72
11/30/73
5.15
5.50
29
j German marks
/ Swiss francs
1 Swiss francs
4/1/68
7/6/71
10/6/72
10/2/72
10/6/72
1/7/74
5.73
6.15
5.70
59
C Swiss francs
J Swiss francs
| Swiss francs
VSwiss francs
8/6/71
8/19/71
11/6/72
11/20/74
11/6/72
11/20/72
2/6/74
2/20/74
6.35
5.65
5.40
5.25
29
32
German marks
Swiss francs
Swiss francs
Swiss francs
Swiss francs
6 /2 4 / 6 8
9/10/71
9/13/71
12/11/72
12/13/72
12/22/72
12/11/72
12/13/72
3/11/74
3/13/74
6.25
5.45
5.55
5.50
5.47
285
26
Swiss francs
Swiss francs
7/21/72
1/19/73
1/19/73
7/19/73
4.375
5.25
114
francs
francs
francs
francs
10/8/71
10/29/71
1/8/73
1/29/73
1/8/73
1/29/73
4/8/74
4/29/74
5.25
4.85
5.70
6.00
35
45
f Swiss francs
^ Swiss francs
8/4/72
2/2/73
2/2/73
8/2/73
4.25
5.75
57
German marks
1972- Jan.
/
Notes 1/
Certificates of indebtedness
May..
July,
{
Notes
''Swiss
Swiss
Swiss
^Swiss
Certificates of indebtedness
Notes
Aug.,
Certificates of indebtedness
Sept,
Notes
Oct.,
Notes
Nov..
Dec.
Notes
Certificates of indebtedness
1973- Jan.
i
Certificates of indebtedness
Feb.
Mar..
Notes
Notes
(
C Swiss
/ Swiss
A Swiss
V,Swiss
7/3/67
4/1/68
6 /2 4 / 6 8
tw
5.75
3.625
8/19/69
2/19/73
3.05
Swiss francs
12/9/71
3/9/73
4.80
Swiss francs
3/9/73
6/7/74
6.625
Retired
17
17
17
18
19
1
1
1
3
1
1
6
1
Total outstanding
end of month
>
2,147
12
24
140
105
25
148
55
56
76
153
153
33
33
33
34
111
114
76
56
28
153
57
1,850
28
31
1,852
153
275
• 26
1,710
114
33
43
57
12/
1,713
1,561
154
111
129
,578
63
April 1974
PUBLIC DEBT OPERATIONS
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Dollar amounts in millions)
Amount
(Dollar equivalent)
Month of
activity
Securities
10
5
German marks
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
jSwiss francs
10/2/69
8/27/71
5/18/72
5/30/72
9/1/72
10/6/72
11/6/72
11/20/72
12/11/72
12/13/72
1/8/73
1/29/73
10/2/73
8/27/73
8/20/73
8/30/73
11/30/73
1/7/74
2/6/74
2/20/74
3/11/74
3/13/74
4/8/74
4/29/74
2.051
5.67
4.77
4.55
5.50
5.70
5.40
5.25
5.50
5.47
5.70
6.00
19
46
4 .
4
3
6
3
3
26
2
3
4
francs
francs
francs
francs
1/5/72
1/17/72
4/5/73
4/17/73
4/5/73
4/17/73
7/5/74
7/17/74
4.50
4.15
6.93
6.70
29
170
Swiss francs
Swiss francs
1/19/73
7/19/73
7/19/73
1/18/74
5.25
6.125
127
Certificates of indebtedness
Swiss francs
2-02-73
8-02-73
5.75
Notes
i'.wiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
8-27-71
5-18-72
5-30-72
8-02-73
8-20-73
8-27-73
8-30-73
8-27-73
8-20-73
8-30-73
11-01-74
11-20-74
11-27-74
11-29-74
5.67
4.77
4.55
8.70
8.25
8.125
8.20
4
/
Notes
fSwiss
) Swiss
\ Swiss
V.Swiss
Certificates of indebtedness
(
{
Notes
Notes
Certificates of indebtedness
1974-Jan.
Notes
Mar.
Issued
5.25
5.75
Aug.
Feb.
Interest
rate
(percent)
7/19/73
8/2/73
Notes
Nov.
Maturity
date
1/19/73
2/2/73
1973-Apr.
Oct.
Issue
date
J Swiss francs
\ Swiss francs
Certificates of indebtedness
July.
Payable
in —
Notes
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
2.051
5.50
6.98
7-19-73
1-18-74
1-18-74
7-18-74
6.125
8.05
10-06-72
1-07-74
1-07-74
4-07-75
5.70
7.07
67
11/06/72
2/06/74
2/20/74
2/06/74
2/20/74
5/06/75
5/20/75
5.40
5.25
6.60
6.60
33
36
f Swiss
J Swiss
S Swiss
v* Swiss
francs
francs
francs
francs
12-11-72
12-13-72
3-11-74
3-13-74
3-11/74
3-13-74
6-11-75
6-13-75
5.50
5.47
7.15
7.25
318
30
n / 20/72
Source: Bureau of the Public Debt.
1/ Dollar value of securities increased to reflect market exchange
rates as of December 31, 1971.
2/ Note issued October 2, 1969, was cancelled and a new note was issued
at a lower interest rate to partially compensate for the increase in
dollar value given this security in January 1972.
2/
ij
*
1,743
}
1,746
391
37
383
> 1,758
172
1.586
64
38
400
38
10-2-73
ISwiss francs
1 Swiss francs
>
62
11-30^73
2-28-75
! Swiss francs
, Swiss francs
' Swiss
Swiss
Swiss
Swiss
124
3-3-72
Swiss francs
Swiss francs
Total outstanding
end of month
25
148
9-01-72
11-30-73
German marks
Retired
32
33
1.586
127
127
1,588
65
32
35
311
29
1,589
1,597
The principal amount of this note was increased $1 million to compen
sate for a lower interest cost than was anticipated when the note
was revalued in 1970.
Dollar value of securities increased to reflect market exchange
rates as of February 12, 1973.
Less than $500,000.
64
Treasury Bulletin
UNITED STATES SAVINGS BONDS,
Series E and Series H
rently sold.
Series E has
and Series H has been on
are the only savings bonds cur
April 30, 1957.
been on sale since May 1, 1941,
interest yields,
sale since June 1, 1952.
A - D were sold from March 1, 1935
Series
F and G were sold
30, 1952.
through April 30,
from May 1, 1941
Series
1941.
through April
Series J and K were sold from May 1, 1952
through
Details of the principal changes in issues,
maturities, and other terms appear in the
Treasury Bulletins of April 1951, May 1952, May 1957, October
and December 1959,
September
May and
October 1961,
1970; and the Annual
June 1968,
and
Report of the Secretary of
the Treasury for fiscal years 1966 through 1973.
Table SB-1. - Sales and Redemptions by Series, Cumulative through March 31, 1974
(In millions of dollars)
Amount outstanding
Series
Series 1/
Total A-K........................
Sales plus
accrued
discount
Accrued
discount
Redemption 1/
3,949
170,672
28,396
3,556
1,054
39,400
1,125
198
5,003
210,072
29,521
3,754
4,999
148,975
29,501
3,748
206,573
41,777
248,350
187,223
Interestbearing debt
Matured
noninterest
bearing debt
_
4
61,097
-
61,097
20
6
30
Table SB-2. - Sales and Redemptions by Periods, All Series Combined
Redemptions 1/
Period
Sales 1/
Fiscal years:
1935-63.....
196 4
196 5
.
196 6
.
196 7
.
196 8
.
196 9
.
197 0
.
197 1
.
197 2
197 3
.
151,863
4,656
4,543
4,650
4,965
4,739
4,550
4,449
5,082
5,939
6,512
Calendar years:
1935-63.....
1964....... .
1965...;____
1966........
196 7
196 8
196 9
197 0
.
197 1
197 2
197 3
154,106
4,609
4,486
4,860
4,898
4,696
4,393
4,665
5,477
6,236
6,268
Months:
1973-Ma r
Apr....
May....
June....
Accrued
discount
Sales plus
accrued
discount
Total
Sales
Price 2/
Amount outstanding
Accrued
discount 2/
Interestbearing debt
Matured
noninterestbearing debt
48,314
49,299
50,043
50,537
51,213
51,712
51,711
51,281
53,003
55,921
59,418
157
139
110
95
88
82
82
55
46
39
34
124,643
5,164
5,346
5,724
5,922
5,982
6,339
6,748
5,425
5,338
5,586
113,399
4,383
4,488
4,792
4,971
4,978
5,237
5,508
4,342
4,306
4,494
1,527
1,591
1,686
1,759
1,832
1,909
2,192
2,426
2,673
.. 176,079
6,117
6,013
6,451
6,584
6,455
6,224
6,574
7,669
8,662
8,941
127,051
5*252
5,441
6,000
5,793
6,133
6,639
6,295
5,244
5,365
6,211
4,552
5,043
4,842
5,094
5,457
5,072
4,224
4,322
4,945
889
957
951
1,040
1,182
1,223
1,021
1,043
1,266
599
562
655
556
218
224
203
231
816
786
858
787
509
482
502
502
407
387
401
403
102
95
101
99
58,471
58,776
59,133
59,418
36
35
35
34
July....
Aug....
Sept....
Oct....
Nov....
Dec....
487
567
385
482
682
142
244
213
225
227
207
242
731
780
610
709
889
384
498
669
539
592
516
393
400
544
433
472
412
321
99
124
106
121
104
72
59,652
59,764
59,836
59,953
60,326
60,317
34
33
32
32
32
31
1974-Ja n
Feb....
Mar.
721
567
587
251
222
227
972
789
814
793
488
515
652
378
411
141
ill
104
60,497
60,798
61,097
31
30
30
Footnotes at end of Table SB-4
21,251
1,476
1,517
1,554
1,626
1,735
1,789
1,841
2,056
2,310
2,564
173,114
6,132
6,060
6,204
6,592
6,473
6,338
6,291.
7,138
8,249
9,076
11,244
781
858
932
951
1,003
1,102
1,240
1,083
1,032
1,092
96,362
49J734
50,324
50,752
51,581
51,917
51,549
51,842
54,275
57,579 .
60,317
m
141
164
126
112
64
50
42
37
31
65
A pril 1974
UNITED STATES SAVINGS BONDS
Table SB-3. - Sales and Redemptions by Periods, Series E through K
(In MIUqm, of .dollars)
Aapwfc wtjg-tonfltag
Redemption 1/
Period
Fiscal years:
1941-63..............
1964.................
1965.................
1966.... .............
1967.................
1968.................
1969.................
1970.................
1971.................
1972.................
1973.................
Sales 2/
Accrued
discount
Sales Plus
accrued
discount
Total
Sale
price 2/
Accrued
discount j /
Interest-bearing
debt
115,963
4,656
4,543
4,650
4,965
4,739
4,550
4,449
5,082
5,939
6,512
18,931
1,458
1,502
1,542
1,619
1,731
1,788
1,941
2,056
2,310
2,564
134,894
6,114
6,045
6,192
6,584
6,470
6,337
6,291
7,138
8,249
9,076
88,535
4,736
4,987
5,305
5,449
5,715
6,198
6,721
5,416
5,331
5,581
79,377
3,982
4,154
4,408
4,536
4,739
5,112
5,484
4,334
4,300
4,490
9,158
754
833
897
913
976
1,086
1,237
1,082
1,031
1,091
46,359
47,737
48,795
49,682
50,817
51,572
51,711
51,281
53,003
55,921
59,418
118,206
4,609
4,486
4,860
4,898
4,696
4,393
4,665
5,477
6,236
6,268
19,645
1,491
1,514
1,580
1,680
1,757
1,832
1,9.09
2,192
2,426
2,674
137,851
6,101
6,000
6,440
6,578
6,452
6,224
6,574
7,669
8,662
8,942
90,744
4,841
5,117
5,477
5,439
5,915
6,565
6,281
5,237
5,359
6,206
81,244
4,061
4,254
4,561
4,519
4,898
5,391
5,060
4,217
4,317
4,972
9,499
780
863
916
919
1,017
1,173
1,221
1,020
1,042
1,234
92,605
48,366
49,249
50,212
51,352
51,890
51,549
51,842
54,275
57,579
60,317
599
562
655
556
218
224
203
231
816
786
858
787
509
481
502
502
407
386
401
402
101
95
101
99
58,471
58,776
59,133
59,418
July............
Aug.............
Sept............
Oct.............
Nov.............
Dec.............
487
567
385
.482
682
142
244
213
225
227
207
242
731
780
610
709
889
384
399
543
433
471
412
321
99
124
106
121
104
72
1974-Jan.............
Feb.............
Mar.............
721
567
587
251
222
227
972
789
814
498
667
539
592
516
393
792
488
514
651
377
411
141
111
104
59,652
59,764
59,836
59,953
60,326
60,317
60,497
60,798
61,097
Calendar vears:
1941-63..............
1964.................
1965.................
1967.................
1968.................
1969.................
1970.................
1971.................
1972.................
1973.................
Matured
noninterestbearing debt
_,
«■»
«»
«■»
-
Months:
1973-Mar.............
Apr.............
M a y .............
June............
.
»
.
-
•
•
«
-
Series F.Qj J, and K combined jj
Fiscal vears:
. 1941-63...............
1964..................
1965..................
1966..................
1967..................
1968..................
1969..................
1970..................
1971..................
1972..................
1973..................
Calendar vears:
1941-63...'............
1964..................
1965..................
1966..;...............
1967..................
1968..................
1969..................
1970..................
1971..................
1972..................
1973..................
31,951
_
1,266
18
15
12
8
4
1
_
33,217
18
15
12
8
4
1
-
_
_
_
-
-
-
31,951
.
1,274
16
14
10
6
2
*
_
_
_
33,226
16
14
10
6
2
*
*
-
-
-
-
_
_
_
_
_
1
31,118 2/$/2/$/S/
426 2/
358
418
472
266
140
27
8
6
5
29,973
400
333
384
434
239
124
24
7
5
4
1,145
27
24
35
38
27
16
3
1
1
1
1,955
1,563
1,248
856
397
140
-
144
127
99
86
80
75
76
49
41
34
30
31,317
410
323
522
353
218
74
13
7
5
5
30,161
383
297
481
322
195
65
11
6
5
4
1,157
27
26
40
32
23
9
2
1
1
1
3,757
1,368
1,075
540
229
27
-
504
147
131
155
118
105
58
44
37
32
27
.
'
Months:
1973-Mar..............
Apr..............
May..............
June.... .........
July.............
Aug..............
Sept.............
Oct..............
Nov..............
Dec..............
197*-Jan..............
Feb...... ........
Iter..............
- •
_
_
•
_
_ .
”
_
_
_
“
*
1
1
*
*
1
*
*
*
*
*
«
*
1
*
*
*
*
*
1
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
_
_
,
_
-
31
30
30
30
29
28
28
28
27
27
27
26
26
66
Treasury Bulletin
UNITED STATES SAVINGS BONDS
Table SB-3. - Sales and Redemptions by Periods, Series E through K - (Continued)
(In millions of dollars)
Period
Sales 1/
Sales plus
accrued
discount
Accrued
discount
Redemption 1/
Total
Sales
price 2J
Accrued
discount 2/
Exchange of
E bonds for
H bonds
Amount
outstanding
(interestbearing debt)
Series E
Fiscal years:
1941-63.....
196 4
196 5
196 6
196 7
196 8
196 9
197 0
197 1
,___
197 2
197 3
.
Calendar years:
1941-63.....
196 4
196 5
1966....,___
196 7
196 8
196 9
197 0
1972........
197 2
197 3
107,614
4,136
4,112
4,246
4,599
4,466
4,343
4,289
4,870
5,650
6,190
18,931
1,458
1,502
1,542.
1,619
1,731
1,788
1,841
2,056
2,310
2,564
126,545
5,594
5,614
5,787
6,217
6,196
6,131
6,130
6,926
7,960
8,755
86,580
4,363
4,538
4,801
4,895
5,154
5,548
5.959
4.959
4,972
5,209
77,423
3,609
3,705
3,904
3,982
4,178
4,462
4,772
3,877
3,941
4,118
9,158
754
833
897
913
976
1,806
1,237
1,082
1,031
1,091
129,247
5,623
5,606
6,031
6,255
6,209
6,052
6,412
7,411
8,348
8,661
88,610
4,425
4,650
4,913
4,941
5,300
5,835
5,626
4,871
5,007
5,740
79,110
3,646
3,787
3,997
9,499
730
863
916
919
1,017
1,173
787
759
831
762
472
448
468
495
371
353
367
369
101
462
363
491
387
99
124
106
416
121
361
368
289
103
72
740
451
476
599
341
372
111
109,602
4,132
4,092
4,450
4,574
4,452
19,645
1,491
1,514
1,580
1,680
1,757
4,221
1,832
4,503
5,218
5,992
5,988
1,909
2,192
1973-Mar......
Apr.....
May.....
June....
569
535
628
531
218
July....
Aug....
Sept....
Oct....
Nov....
Dec....
462
545
371
463
667
244
213
225
227
207
130
242
706
758
596
691
874
372
685
535
556
251
222
227
936
757
784
2,426
2,673
4,022
4,283
4,661
4,405
3,851
3,964
4,506
1,221
1,020
1,042
1,234
191
206
188
216
196
184
210
231
292
338
39.166
40,190
41,078
a , 853
42,959
43.805
44,205
44.167
45,902
48,598
51.806
897
198
190
224
207
191
180
228
249
329
319
78,327
40,739
41.504
42,398
43.504
44,222
44,259
44,818
47,108
50,120
52,723
33
30
30
27
50,925
51,205
51,539
51,806
26
27
23
25
€3
15
52,024
52,139
52,220
52,349
52,727
52,723
37
*26
29
52,881
53,161
53,439
191
206
188
212
216
196
184
210
231
292
338
7,193
7,546
7,716
7,829
7,858
7,766
7,506
7,114
7,101
7,323
7,612
897
198
190
224
207
191
180
228
249
329
319
14,279
7,627
7,744
7,815
7,848
7,668
7,290
7,025
7,167
7,458
7,594
212
Months:
1974-Ja..... n
Feb....
Mar....
224
203
231
615
492
563
472
95
101
99
141
104
series H
Fiscal years:
1952-63...............
1964.... .............
1965..................
1966..................
1967............. .....
1968........ .... ,....
1969..................
1970..................
1971............. .
1972... ..............
1973............... .
Calendar years:
1952-63...............
1964..................
1965........ ,.... .
1966........... .......
..................
1968..................
1969....... ,..........
1970..................
1971..................
1972.... .............
1973..................
8,349
521
431
404
367
273
207
160
212
289
322
8,603
477
394
_
_
_
_
z
324
224
172
162
259
314
280
_
_
_
_
_
_
_
ffanths:
1973-Mar...............
Apr...............
May............
June
30
27
27
25
_
_
_
July.... .
Aug...............
Sept
Oct
Nov..............
Dec
25
22
14
19
15
12
_
_
_
_
1974^Jan...............
Feb
Mar..*...........
37
32
30
410
8,349
521
431
404
367
273
207
160
212
289
322
_
_
_
.
-
8,603'
477
394
1,956
373
449
504
553 '
561
650
762
457
359
372
_
_
_•
_
_
_
. 324
224
172
162
259
314
280
2,134
416
467
564
1967497
615
730
655
366
353
465
2,134
416
467
564
497
615
730
655
366
353
465
30
27
27
25
37
33
34
34
37
33
34
34
_
_
_
33
30
30
27
7,546
7,570
7,593
7,612
25
22
14
19
15
12
36
52
46
56
43
32
36
52
46
56
43
26
27
23
25
23
15
7,628
7,625
7,616
7,604
7,599
7,594
37
32
30
52
37
39
52
37
39
_
_
_
_
_
_
37
26
29
7,615
7,637
7,658
410
.
1,956
373
449
504
553
561
650
762
457
359
372
_
_
_
_
_
_
-
-
April 1974
67
.UNITED STATES SAVINGS BONDS.
Table SB-4. - Redemptions of Matured and Unmatured Savings Bonds
(In millions of dollars)
Period
Matured
Unmatured
Total
Series E
and H
Total
Series E
and H
28,583
4,739
3,778
4,641
3,358
3,070
2,951
3,088
3,284
3,300
2,351
3,401
2,566
3,842
3,660
3,317
3,393
21,924
3.195
3,235
3,285
3,075
2,875
2,812
2,948
3,165
3.196
3,273
3,376
3,560
2,842
3,660
3,317
3,393
6,659
1,544
543
1,356
283
196
139
140
118
104
79
25
6
417
75
-150
-210
-212
53
73
19
-121
172
99
33
213
115
-725
-23
67
28,567
3,841
4,520
3,938
3,100
3,002
3,031
3,157
3,287
3,384
3,413
3,455
3,726
3,885
3,305
3,337
3,578
21,477
3,091
3,445
3,114
2,899
2,827
2,905
3,026
3,176
3,277
3,370
3,441
3,724
3,885
3,305
3,337
3,578
7,090
750
1,075
825
201
175
125
131
111
107
44
13
2
578
22
-449
-239
-60
213
-52
-76
6
144
-7
26
228
-431
-83
-24
123
Total
Other
Other
Unclassified
10/
Tiscalyeags:
1951-57.....
195 8
195 9
196 0
1961........
196 2
196 3
196 4
196 5
196 6
196 7
196 8
196 9
197 0
197 1
197 2
197 3
47,437
8,544
7,249
8,557
5,819
5,716
5,273
5,164
5,346
5,724
5,922
5,982
6,339
6,748
5,425
5,338
5,586
18,437
3,730
3,621
4,126
2,673
2,593
2,250
2,057
2,184
2,253
2.471
2,548
2,560
2,792
2,490
2.043
2,126
9,069
1,906
1,996
2,304
1,733
1,668
1,593
1,754
1,938
1,973
2,059
2,289
2,417
2,762
2,481
2,036
2,121
9,366
1,824
1,625
1,822
940
925
657
304
246
280
412
260
143
29
9
7
5
Calendar years:
1951-57.....
195 8
195 9
196 0
196 1
196 2
196 3
196 4
196 5
196 6
196 7
196 8
196 9
197 0
197 1
197 2
197 3
49,054
7,255
8,772
6,732
5,595
5,602
5,021
5,252
5,441
6,000
5,793
6,133
6,639
6,295
5,244
5,365
6,210
19,908
3,393
4,701
3,033
2,555
2,387
2.043
2,171
2,148
2.472
2,386
2,652
2,686
2,841
2,022
2,053
2,508
10,072
1,691
2,433
1,944
1,633
1,656
1,617
1,889
1,932
2,080
2,041
2,443
2,601
2,827
2,014
2,047
2,505
9,837
1,702
2,268
1,089
922
730
426
282
216
391
345
209
84
15
8
6
3
1973-Ma r
Apr....
May....
June....
509
482
502
502
189
207
195
195
189
206
195
195
251
321
282
286
251
321
282
286
68
-46
25
21
July....
Aug....
Sept
498
669
539
187
231
286
187
230
285
280
327
390
280
327
390
31
111
-137
Oct....
Nov....
Dec....
592
516
394
234
233
154
234
233
154
321
333
197
321
333
197
37
-51
42
1974-Ja n
Feb....
Mar....
793
488
515
225
260
240
225
260
240
369
291
368
369
291
368
199
-63
-94
1/
6/
2/
£/
2/
6/
6/2/
2/8J
8/2/
2/
Months:
Source: Daily Treasury statement; Office of Debt Analysis in the Office
of the Secretary.
Note: In these tables sales of Series A-F and J bonds are included at issue
price, and redemptions and amounts outstanding at current redemption
value. Series G,H, and K are included at face value throughout.
Matured bonds which have been redeemed are included in redemptions.
Matured J and K bonds outstanding are included in the interest-bearing
debt until all bonds of the annual series have matured, and are then
transferred to matured debt on which interest has ceased.
1/ Sales and redemption figures include exchanges of minor amounts of (1)
matured Series E bonds for Series G and K bonds from May 1951 through
April 1957; (2) Series F and J bonds for Series H bonds beginning
January I960; and (3) U.S. savings notes for Series H bonds beginning
January 1972; however, they exclude exchanges of Series E bonds for
Series H bonds, which are reported in Table SB-3.
2/ Details by series on a cumulative basis and by periods for Series A-D
combined will be found in the February 1952 and previous issues of the
Treasury Bulletin.
10/
2/ Because there is a normal lag in classifying redemptions, the distribu
tion of redemption between sales price and accrued discount has been
estimated. Beginning with the Treasury Bulletin of March 1961 the
ij
5/
6/
2/
£/
2/
*
method of distributing redemptions between sales price and accrued
discount has been changed to reflect the distribution shown in final
reports of classified redemption. All periods shown have been revised
on this basis.
Series F and G sales were discontinued April 30, 1952, and Series J
and K sales were discontinued April 30, 1957. Sales figures after
April 30, 1957, represent adjustments.
Includes exchanges of Series 1941 F and G savings bonds for 3-1/4%
marketable bonds of 1978-83.
Includes exchanges of Series 1948 F and G bonds for 4-3/4% marketable
notes of 1964.
Includes exchanges of Series 1949 F and G bonds for 4 % marketable bonds
of 1969.
Includes exchanges of Series I960 F and G bonds for 3-7/8% marketable
bonds of 1968.
Includes exchanges of Series 1951 and 1952 F and G bonds for 3-7/8%
marketable bonds of 1971 and 4 % marketable bonds of 1980.
Represents changes in the amounts of redemptions not yet classified
between matured and unmatured issues.
Less than $500,000.
68
Treasury Bulletin
UNITED STATES SAVINGS NOTES
United States savings notes were on sale May 1, 1967
through June 30, 1970.
demption
The notes were eligible for purchase
and information on investment yields of savings
notes appear in
the Treasury Bulletins of March 1967 and
by individuals with the simultaneous purchase of Series E
June 1968; and in the Annual Report of the Secretary of the
savings bonds.
Treasury for fiscal year 1972,.
The principal terms and conditions for purchase and re
Table SN-1. - Sales and Redemptions by Periods
Redemptions 2/
Period
Eiissal resKg:
196 7
196 8
196 9
197 0
197 1
197 2
197 3
Calendar years:
196 7
196 8
196 9
197 0
197 1
197 2
197 3
Sales 1/
1
201
326
323
11
*
*
80
277
348
160
-3
*
*
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price
*
12
25
33
28
29
1
201
338
347
44
28
29
*
*
35
111
167
85
69
80
281
366
191
27
28
29
*
*
5
18
31
31
28
29
7
76
154
124
71
72
7
72
145
116
62
59
2
2
3
2
• 2
2
3
2
5
7
6
6
2
2
2
2
2
2
2
2
2
o
c.
2
6
7
9
7
o.
c
2
3
2
3
4
6
6
7
Amount
outstanding
Accrued
discount
*
*
1
6
10
8
*11
203
505
742
619
561
519
*
3
8
9
9
13
80
354
644
682
584
540
496
4
6
5
5 .
1
1
1
1
531
526
523
519
5
5
7
5
5
3
1
1
1
1
1
5
5
516
512
505
501
497
496
X
\
40 0
6
J.
m
34
105
157
77
58
Months:
1973-Mar...............
Apr..............
May..............
June.............
July.............
Aug..............
Sept.............
Oct..............
Nov...............
Dec..............
1974-Jan..............
Feb..............
Mar..............
*
*
*
*
“
*
_
*7
2
2
Source: Daily Treasury Statement; Office of Debt Analysis in the Office of
the Secretary.
1/ Sales were discontinued after June 30 , 1970. Figures shown thereafter
represent adjustments.
Zj
*
491
Includes U.S. savings notes exchanged for Series H bonds beginning
January 1972.
Less than $500,000.
69
A pril 1974
OWNERSHIP OP FEDERAL SECURITIES
Table OFS-1. - Distribution of Federal Securities by Classes of Investors and Types of Issues
(In millions of dollars)
Interest-bearing public debt securities
End of
fiscal year
or month
Total
Federal
securities
outstanding
’ Special
issues
Other
Public
issues
held by
Federal
Reserve
banks
Held by U.S. Government accounts
Nonmarketable
Total
outstanding
Total
Public
marketable
1965......
1966......
1967.......
1968...... .
1969.......
1970.......
1971...... .
1972.......
1973.......
326,609
333,284
344,676
371,978
367,969
383,428
410,29?
438,154
469,251
313,113
315,431
322,286
344,401
351,729
369,026
396,289
425,360
456,353
61,070
64,316
71,809
76,138
84,815
95,170
102,888
111,460
123,385
10,351
12,050
13,635
14,694
16,007
16,974
18,092
19,868
20,080
48,549
50,196
56,103
59,374
66,738
76,124
82,740
89,536
101,248
2,171
2,070
2,071
2,071
2,071
2,071
2,056
2,056
2,056
39,100
42,169
46,719
52,230
54,095
57,714
65,518
71,356
75,022
1972-Dec
461,068
447,298
116,897
19,360
95,482
2,056
69,906
1973-Feb...
Mar...
466,617
470,412
468,148
468,380
409,251
452,928
456,787
455,214
455,431
456,353
117,127r
117,922
117,902
120,123
123,385
19,991
20,246
20,080
95,289
95,826
95,855
97,821
101,248
2,056
2,056
2,056
2,056
2,056
72,620
74,276
75,495
74,128
75,022
470,121
473,263
472,898
473,964
457,217
459,918
459,471
460,587
462,076
467,827
124,992
128,688
127,776
127,444
127,080
129,6 a
20,423
21,039
20,880
20,840
23,984
20,961
102,513
105,593
104,840
104,548
2,056
2,056
2,056
2,056
m
77,098
76,093
76,217
78,491
77,129
78,516
466,273
468,629
128,706
131,335
21,095
21,234
105,555
108,044
2,056
2,056
78,240
78,237
May...
July..
Oct...
to
479,782
482,268
1974-Jan
19,782r
2 0 ,0 4 0
Interest-bearing public debt securities-(Cont.)
Held by private investors
End of
fiscal year
or month
Total
Public
marketable
Nonmarketable
Agency securities
Matured
public
debt
and debt
bearing
no interest
Total
outstanding
1/
Held by
U.S. Government
accounts and
Federal Reserve
banks
Held by
private
investors
212,941
208,946
203,758
216,032
212,819
216,142
227,883
242,545
257,947
159,244
154,909
150,318
159,668
156,006
157,911
161,863
165,978
167,869
53,697
54,037
53,440
56,363
56,814
58,231
66,020
76,566
90,078
4,161
4,476
3,935
3,178
1,991
1,893
1,841
1,901
1,788
9,335
13,377
18,455
24,399
14,249
12,510
12,163
10,894
11,109
469
468
2,010
3,001
2,846
2,553
2,251
2,170
2,156
8,866
12,909
16,445
21,398
11,403
9,956
9,911
8,724
8,953
1972-Dec,............................
260,495
180,244
80,251
2,000
11,770
2,320
9,450
1973-Feb................... ..........
263,184
264,589
261,817
261,179
257,947
177,482
175,459
172,361
171,544
167,869
85,702
89,130
89,457
89,635
90,078
1,911
1,819
1,849
1,908
1,788
11,779
11,806
11,084
11,0a
11,109
2,259
2,325
2,181
2,167
2,156
9,520
9,480
8,903
8,874
8,953
255,128
255,137
255,478
254,653
257,867
259,670
165,188
165,273
165,259
164,716
169,120
170,747
89,940
89,864
90,219
89,937
88,747
88,923
1,786
1,926
1,968
1,889
1,961
2,071
11,118
9
11,459
11,488
11,760
11,586
2,121
2,151
2,207
2,110
2,130
2,107
8,996
9,267
9,252
9,378
9,630
9,479
259,328
259,057
170,796
170,178
88,531
88,879
1,911
2,058
11,598
11,581
2,100
2;us
9,498
9,463
May.............................
Oct.............................
Feb.............................
1/
r
For content see Table FD-6.
Revised.
1 1 ,a
Trearury Bulletin
OWNERSHIP
OF FEDERAL
finnTiBTTTEfi
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
privately
held
Commer
cial
banks
2/
Individuals 2/
Savings bonds
Total
Series
E and H
Total
-
Other
Other
secuSeries Z ' rities
Insurance
companies
Mutual
sav
ings
banks
Corpora
tions y
State
and
local
govern
ments
30.8
30.3
34.5
34.5
34.5
34.7
34.9
35.3
36.0
36.7
1.9
12.5
13.9
15.4
15.1
14.6
14.4
14.1
13.8
13.2
12.7
7.5
20.6
20.0
17.6
16.7
16.3
15.5
15.7
16.0
16.8
15.4
5.7
24.4
24.9
19.8
18.7
17.1
16.4
15.7
16.0
16.0
15.9
2.7
11.1
11.8
11.6
10.9
10.2
9.8
9.6
9.5
9.5
9.2
2.0
19.9
15.3
18.4
19.7
20.1
20.7
18.8
19.9
18.6
21.5
.4 .
6.7
6.3
8.7
8.8
9.4
9.6
10.4
11.1
12.0
12.7
63.5
65.2
65.0
66.6
65.9
66.3
64.9
64.4
63.7
66.3
69.4
37.5
38.2
39.3
40.1
40.9
41.4
41.5
41.6
42.1
42.5
42.6
42.4
12.1
11.7
10.9
10.2
9.4
8.7
7.6
6.6
5.9
5.2
4.5
3.5
15.2
13.6
15.0
14.8
16.3
15.8
17.2
16.7
16.4
16.0
19.3
23.5
15.4
15.3
15.0
14.6
13.6
13.2
12.7
12.5
12.2
12.6
12.6
12.5
9.1
8.8
8.7
8.5
8.3
8.0
7.9
7.6
7.4
7.2
7.3
6.9
16.5
19.1
18.6
23.2
17.3
18.7
16.1
17.7
14.1
18.1
19.8
21.4
151.4
148.0
145.5
147.7
149.2
152.3
153.9
156.3
158.2
158.6
158.9
159.8
69.7
66.1
64.6
65.9
65.7
66.0
66.0
68.2
68.8
69.8
70.9
72.1
42.5
42.9
43.6
44.2
44.6
45.1
46.0
46.7
47.3
47.9
48.3
48.8
3.1
2.7
2.5
2.2
2.1
1.9
1.6
1.5
1.3
1.2
.9
24.1
20.5
18.5r
19.4r
18. 8r
19. Or
18.3r
19.81*
19.9r
20.4r
21.3r
22.2r
12.0
11.8
11.5r
11. 5r
11.4r
11.6r
11. lr
11.4r
11.lr
11.3r
10.7r
10.5r
6.6
6.2
6.3
6.1
6.2
6.0
6.0
5.6
5.8
5.5
5.6
5.3
54.8
57.4
55.5
63.8
59.7
66.0
55.3
56.8
52.6
62.7
158.7
161.8
152.2
158.7
159.5
162.5
159.5
165.3
165.5
167.2
73.1
74.6
70.9
74.0
74.8
75.8
77.9
81.4
82.5
81.9
49.2
49.8
50.4
50.9
51.1
51.4
51.2
51.1
50.8
51.4
.7
.5
.3
.3
.4
.5
.6
.7
.8
.7
22.8r
23.9r
19.7r
22.3r
22.7r
23.3r
25.5r
29.Or
30.2r
29. lr
10.Or
9.9r
9. Or
9.Or
8.5r
8.4r
8.1r
7. 6r
7.2r
7.4r
5.0
4.6
4.2t
4. 2r
4.Or
3.8r
3.5r
3.1r
3.2r
3.1r
168.7
182.6
183.6
194.8
76.2
- 74.0
52.5
53.8
.7
.6
244.4
262.5
61.0
65.3
60.9
67.7
74.0
74.7
55.4
57.1
.6
.6
22.2r
18.8
17.2r
16.2r
7.0
. 7.0
6.7r
6.6r
1973-Jan...........
Feb...........
Mar...........
Apr...........
May...........
June..........
261.8
265.1
266.4
263.7
263.1
259.7
6 6 .4
62.8
62.0
60.5
58.9
58.8
195.4
202.3
204.4
203.2
200.9
74.9
75.0
75.3
75.4
75.7
75.9
57.4
57.7
58.0
58.3
58.6
58.9
.6
.6
.6
.6
.6
.6
17.0
16.8
16.8
16.6
16.5
16.4
July..........
Aug...........
Sept..........
Oct...........
Nov...........
Dec...........
256.9
257.1
257.4
256.5
259.8
261.7
56.5
55.1
55.4
56.3
58.5
60.3
200.4
202.0
202.0
200.2
201.4
201.4
76.7
77.0
77.2
77.0
77.2
77.3
59.2
59.3
59.3
59.5
59.8
59.8
.5
.5
.5
.5
.5
.5
1974-Jan...........
Feb. p ........
261.2
261.1
60.2
58.2
201.0
202.9
77.4
77.8
60.0
60.3
.5
.5
1939-Dec...........
1946-Feb...........
Dec...........
1950-June..........
Dec...........
1951-June..........
Dec...........
1952-June..........
Dec...........
1953-June..........
Dec...........
33.4
231.6
208.3
204.6
199.9
194.3
196.3
194.8
199.8
196.7
203.8
12.7
93.8
74.5
65.6
61.8
58.4
61.5
61.1
63.4
58.8
63.7
1954-June..........
Dec...........
1955-June..........
Dec...........
1956-June..... .
Dec...........
1957-June..... .
Dec...........
1958-June..... .
Dec...........
1959-June..........
Dec...........
199.9
207.1
203.0
207.0
198.5
200.5
194.6
197.9
197.8
204.5
206.4
212.7
1960-June..........
Dec...........
1961-June..........
Dec...........
1962-June..........
Dec...........
1963-June..........
Dec...........
1964--June..........
Dec...........
1965-June..........
Dec...........
20.7
137.9
133.8
139.0
138.0 •
136.0
134.8
133.7
136.4
137.9
140.2
64.8
65.2
66.1
64.8
63.6
69.1
63.5
62.0
57.3
59.5
• 56.2
59.5
65.2
67.5
61.5
60.3
136.3
138.0
139.5
145.0
141.2
141.0
138.5
138.4
132.5
137.0
144.8
152.5
206.7
210.0
208.0
214.8
214.3
219.5
218.2
220.5
218.3
222.5
217.1
220.5
55.3
62.1
62.5
67.2
65.1
67.1
64.3
64.2
60.2
63.9
58.2
60.7
1966-June..........
Dec...........
1967-June..........
Dec...........
1968-June..........
Dec...........
1969-June..........
Dec...........
1970-June.... ......
Dec...........
213.4
219.2
207.7
222.4
219.2
228.5
214.8
222.0
218.0
229.9
1971-June..........
Dec...........
229.7
247.9
1972-June..........
Dec...........
2 0 4 .2
9.4
63.9
64.1
67.4
66.3
65.4
6 4 .6
6 4 .8
*
1 .0
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
excludes securities held in trust departments.
2/ Includes partnerships and personal trust accounts.
ij Exclusive of banks and insurance companies.
5/
6/
7/
Foreign
and inter
national
1/
Other
investors
6/
.2
2.4
2.1
3.5
4.3
4.2
4.3
4.7
5.3
5.7
5.9
.3
9.5
9.3
9.6
9.3
9.6
9.4
9.7
9.4
10.0
10.2
13.9
14.4
14.7
15.4
16.1
16.3
16.8
16.6
16.3
16.5
16.9
18.0
6.0
6.3
6.8
7.5
7.9
7.8
7.6
7.6
6.5
7.7
10.1
12.0
10.6
10.6
10.5
10.8
11.4
11.1
11.1
11.5
11.6
11.2
11.8
12.3
19.5
18.7
18.5
18.5
18.2
18.6
18.7
18.7
18.9
18.2
15.3
15.8
18.8
18.7
19.3
19.0
20.1
20.1
21.4
21.1
22.5
21.1
24.1
22.9
12.3
13.0
12.7
13.4
14.1
15.3
15.8
15.9
15.6
16.7
15.7
16.7
12.5
13.5
12.7
13.5
13.6
1 4 .2
14.9
11.0
12.2
12.0
14.2
11.1
10.4
8.5
7.3
24.5
24.3
23.6
24.1
25.1
24.9
26.4
27.2
29.0
27.8
15.4
14.5
14.7
15.8
12.9
14.3
11.1
11.2
16.9
19.4
19.3
19.9
22.7
21.9
22.0
25.0
21.0
19.9
3.3r
3.1r
3.5r
3.4r
7.4
11.4
25.9
25.4
17.2
15.6
9.3
9.8
26.9
28.9
32.7
46.9
50.0
55.3
6.6r
6.4r
6.5r
6.3r
6.3r
6.3r
3.4r
3.5r
3.4r
3.4r
3.3r
3.3r
10.3
10.9
11.2
10.0
10.8
9.8
30.0
29.4
29.4
29.2
28.6
28.8
54.2
61.1
63.1
61.7
61.1
60.2
15.9r
16. Or
15.5r
17.2r
18.4r
16.6r
17.0
17.2
17.3
17.0
16.9
16.9
6.4r
6.3r
6.3r
6.3r
6.2r
6.4
3.1r
2.9r
2.9r
2.9r
2.9r
2.9
10.3
11.5
9.2
10.2
11.1
10.9
28.4
27.7
29.0
28.5
28.9
29.2
59.7
59.2
58.5
57.5
56.2
55.5
15.8r
17.3r
18.9r
17.9r
I8.9r
19.3
16.9
17.0
6.3
6.0
2.8
2.8
10.7
10.9
29.9
30.7
52.8
53.6
21.1
21.2
1 4 .8
20.6
1 4 .8
15.1
15.6
15.8
16.3
16.8
16.7
14.Or
17.Or
Consists of the investments of foreign balances and international
accounts in the United States.
Consists of savings and loan associations, nonprofit institutions,
corporate pension trust funds, and dealers and brokers. Also included
are certain government deposit accounts and government-sponsored
agencies.
Includes U.S. savings notes. Sales began May 1, 1967 and were dis
continued after June 30, 1970.
p
Preliminary.
A pril 1974
71
TREASURY SURVEY OF OWNERSHIP, FEBRUARY 28, 1974
The monthly Treasury Survey of Ownership covers securi
19^1 Treasury Bulletin, for corporations and savings and loan
ties issued b y the United States Government, Federal agencies,
associations in the September i960 Bulletin, and for State and
Federally-sponsored agencies, and the District of Columbia.
local governments in the February 1962 Bulletin.
The banks and insurance companies included in the Surrey cur
rently account
for about 80 percent of all such securities
Holdings by commercial banks distributed according to
held by these institutions. The similar proportion for cor -
Federal Reserve member bank classes and nonmember banks are
porations and for savings and loan associations is 50 percent,
published for June 30 and December 31*
and for State and local governments, 4-0 percent.
ate pension trust funds
Data were
first published for banks and insurance companies in the May
pearing in the March
Holdings by corpor
are published quarterly, first a p
193k
Bulletin.
Table TSO-1. - Summary of Federal Securities
(Par values - in millions of dollars)
Held by private investors covered in Treasury Survey
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
Total
private
inves
tors
269,650
90,350
108,629
99,472
2,056
108,044
170,178
88,294
585
45,369
1,834
34 5/
4
2,619
16
2,239
22
2,116
3
4,765
1
9,664
12
1,170
58
100,402
88,146
585
Total interest-bearing
public debt securities..
468,629
209,572
259,057
45,403
1,838
2,636
2,261
2,118
4,766
9,676
1,227
189,132
Matured debt and debt
b e a y t e no interest......
2,058
Total public debt
securities.............
470,687
209,572
261,115
45,403
1,838
2,636
2,261
2,118
4,766
9,676
1,227
191,190
Classification
Total
amount
outstand
ing 1/
5,601
commer
cial
banks
2/
479
mutual
savings
banks
2/
Insurance companies
290
life
447 fire,
casualty,
and
marine
485
savings
463
and loan corpo
associa rations
tions
State and local
governments
316
general
funds
189
pension
and re
tirement
funds
All
other
private
inves
tors 2/
Riblic,debt__issues:
Interest-bearing m b l i c
debt securities:
Marketable..............
Nonmarketable 4 / ........
Special issues..........
2,058
2,058
Government aeencv issues:
Regular issues............
Participation
certificates £/..........
5,358
238
5,120
1,066
233
115
21
170
245
267
286
2,715
4,790
1,701
3,089
569
184
43
198
73
56
118
883
96b
Total Government agency
securities covered in
Treasury Survey..........
10,148
1,939
8,209
1.635
417
159
219
300
385
1.169
3.681
Nonsurveyed Government
agency securities........
1,433
179
1,254
Total Government agency
securities 2 / ............
11,581
2,118
9,463
Total Federal securities....
482,268
211,690
270,578
Footnotes at end of Table TSO-6.
.
,243,
12
Treasury Bulletin
TRF.ASTTRY
SURVEY OF OWNERSHIP .FEBRUARY
28, 1A74
Table TSO-2. - Interest-Bearing Marketable Public Debt Securities
by Type and Maturity Distribution
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Insurance companies
Total
amount
outstand
ing 1 /
Classification
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
5,601
commer
cial
banks
2/
479
mutual
savings
banks
2/
290
life
447 fire,
casualty,
and
marine
By type security:
Issued by U.S. Government:
Treasury bills...................
Treasury notes...................
Treasury bonds...................
107,850
126,088
35,712
37,161
49,629
12,682
7,336
34,858
3,176
1,047
567
80
288
2,251
1,255
766
Total............................
269,650
99,472
45,369
1,834
2,619
2.239
By maturity distribution:
Call classes (due or first
becoming callable):
Within 1 year....................
1 to 5 years.....................
5 to 1 0 years....................
1 0 to 1 5 years...................
1 5 to 2 0 years...................
2 0 years and over................
141,444
81,726
25,489
4 8 ,8 1 6
493
744
200
139
560
539
418
109
175
382
618
3,913
5,091
2,088
1,009
16,441
22,619
5,059
776
58
112
380
571
898
429
203
105
34
Total............................
269,650
99,472
45,369
1,834
2,619
Maturity classes (final
maturity):
Within 1 year....................
1 to 5 years.....................
5 to 1 0 years....................
1 0 to 1 5 years...................
1 5 to 2 0 years...................
2 0 years and over................
141,444
79,045
26,968
5,720
4 8 ,8 1 6
16,441
22,451
5,143
493
704
228
53
6,063
29,590
12,383
2,972
3,905
1,805
Total............................
269,650
99,472
v s
1 0 ,4 0 8
30,357
1 2 ,1 1 0
221
604
265
117
139
235
825
255
724
441
45,369
1,834
2,619
466
238
218
485
savings
and loan
associa
tions
159
1,497
State and local
governments
463
corpo
rations
316
general
funds
189
pension
and re
tirement
funds
Held by
all
other
inves
tors 2/
1,631
2,394
740
5,395
3,118
1.150
209
137
824
3 1 ,8 6 6
460
2.116
41*765
9.664
1.170
100.402
580
2,877
1,474
336
53
25
6,740
313
114
65
64,491
21,978
5,826
3,141
2,854
21
1
139
166
140
295
178
95
338
47
2 ,1 1 2
2,239
2,116
4,765
9,664
1,170
100^402
571
833
470
580
979
338
67
2,877
295
85
215
69
102
50
34
15
6,740
1,749
669
144
194
169
84
414
156
2,239
2,116
4,765
9,664
1,170
82
1 ,0 2 2
1 ,3 8 6
351
102
1 ,8 9 6
582
218
136
55,439
13.097
64,491
21,034
6,425
1,495
3,980
2,976
1 0 0 ,4 0 2
Footnotes at end of Table TSO-6 .
Table TSO-3. - Interest-Bearing Marketable Public Debt Securities by Issue
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Issue
Treasury Bills:
Regular weekly
maturing:
Mar.
Apr.
May.
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Total
amount
outstand
ing 1 /
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
State and local
Insurance companies
5,601
commer
cial
banks
2/
mutual
savings
banks
2/
290
life
4 / 7 fire,
casualty,
and
marine
485
savings
and loan
associa
tions
463
corpo
rations
316
general
funds
189
pension
and re
tirement
funds
Held by
all
other
inves
tors 2 /
and annual
1974................
1974................
1974................
1974................
1974................
1974................
1974................
1974................
1974................
1974................
1975................
1975................
19,046
19,023
23,319
9,004
10,828
10,809
1,802
1,802
1,801
1,803
1,802
1,802
Tax anticipation:
Apr.
1974................
June
1974................
3,009
362
2 ,0 0 0
Total Treasury Bills.................
107,850
7,505
7,542
433
617
8 ,2 4 6
1 ,0 3 6
3 ,1 0 0
805
1,070
1,453
109
350
340
255
2,977
3,043
670
7
60
50
34
18
18
31
24
57
2
21
21
1
11
18
16
139
74
293
219
183
186
1
6
12
40
14
29
7
22
6
21
-
22
1,389
1,214
68
1 ,0 0 2
52
82
34
_
11
-
9,414
9,377
12,585
4,349
5,986
5,713
896
74 2
754
657
624
632
_
-
2,179
1,532
454
507
363
316
25
4
7
3
7
217
1
-
127
207
2
20
1
2
167
126
132
2
18
5
1
44
37,161
7,336
221
80
218
159
1,631
5,395
640
618
803
737
873
-
-
*
1
1
2
21
*
*
-
10
65
79
62
-
5
6
5
68
60
57
10
80
10
7
3
*
*
*
*
209
55,439
73
A pril 1974
TREASURY SURVEY OF OWNERSHIP, FEBRUARY 28, 1974
Table TSO-3. - Interest-Bearing Marketable Public Debt Securities by Issue —Continued
(Ear values - in millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstand
ing 1/
xssue
Treasury notes:
7-1/4$
May
Aug.
5-5/8
Sept.
6
Nov.
5-3/4
Dec.
5-7/8
Feb.
5-3/4
Feb.
5-7/8
May
5-7/8
May
6
Aug.
5-7/8
SeDt.
8-3/8
Nov.
7
7
Dec.
Feb.
5-7/8
Feb.
6-1/4
May
5-3/4
6 -1 / 2
iJtay
6 -1 / 2
Aug.
7-1/2
Aug.
Nov.
6-1/4
8
Feb.
6-7/8
May
Aug.
7-3/4
Feb.
6-1/4
6
Nov.
Aug.
6-1/4
6 -5 / 8
Nov.
7
Nov.
6-7/8
May
Feb.
7
1 -1 / 2
Apr.
1 -1 / 2
Oct.
1 -1 / 2
Apr.
1 -1 / 2
Oct.
1 -1 / 2
Apr.
1 -1 / 2
Oct.
1 -1 / 2
Apr.
1 -1 / 2
Oct.
1 -1 / 2
Apr.
1 -1 / 2
Oct.
1974-D.........
1974-B.........
1974-E.........
1974-A.........
1974-F.........
1975-A.........
1975-E.........
1975-F.........
1975-B.........
1975-C.........
1975-G.........
1975-D.........
1975-H.........
1976-F.........
1976-A.........
1976-E.........
1976-B.........
1976-G.........
1976-C.........
1976-D.........
1977-A.........
1977-C.........
1977-B.........
1978-A.........
1978-B.........
1979-A.........
1979-B.........
1979-C.........
1980-A.........
1981-A.........
1974-EA........
1974-EO........
1975-EA........
1975-E0........
1976-EA........
1976-EO........
1977-EA........
1977-EO........
1978-EA........
1978-EO........
Total Treasury notes..............
Treasury bonds:
4-1/4#
May
3-7/8
Nov.
May
4-1/4
June
3-1/4
Feb.
4
3-1/2
Nov.
Aug.
7
6 -3 / 8
Feb.
Aug.
6-3/8
May
3-1/4
6 -1 / 8
Nov.
Aug.
4-1/4
Feb.
4
Aug.
7-1/2
May
4-1/8
3-1/2
Feb.
/eb.
6-3/4
May
7
3
Feb.
3 -1 / 2
Nov.
4,334
10,284
2,060
5,442
2 ,1 0 2
4,015
1 ,2 2 2
1,776
6,760
7,679
2,042
3,115
1,731
4,945
3,739
2,802
2,697
3,883
4,194
4,325
5,163
2,565
4,918
8,389
8,207
4,559
1,604
2,241
7,265
1 ,8 4 2
34
42
8
30
27
11
1,026
5,903
129
2 ,2 1 1
59
1,543
115
133
4,518
2,751
34
743
238
1,174
2,857
574
808
1,820
1,650
267
3,057
385
1,610
3,372
3,598
1,778
1,088
364
5,454
367
Insurance companies
5,601
479
mutual
savings
banks
2/
cial
banks
2/
1,534
1,904
931
1,223
1 ,0 1 0
1,006
620
879
779
2,786
873
1,007
867
1,980
361
1,243
607
1,058
936
1,899
818
1,185
1,399
1 ,8 8 6
1,882
837
207
1,206
810
1,114
34
79
28
46
18
29
6
32
24
64
41
26
12
64
9
26
34
26
42
40
61
19
37
94
52
40
1
7
48
3
Total Treasury bonds..............
35,712
Total marketable public
debt securities..................
269,650
_L^682_
99,472
122
2
269
20
131
80
188
12
50
63
32
126
36
55
3
1 ,1 0 2
1
766
1,459
1,792
1,109
775
1,536
2,541
2,198
1,705
226
293
753
276
g
7
5
_
_
6
_
_
_
_
_
*
3
-
653
219
84
84
180
104
48
553
233
52
97
2
22
*
*
520
147
493
274
861
749
407
1,041
1,375
229
876
1,429
70
1,113
550
1,130
163
246
137
872
101
72
1
2,848
1,213
60
68
1
1,047
*
8
1
8
10
21
6
83
14
33
39
26
28
202
185
51
5
28
92
18
*
1
1
121
113
6
130
264
142
28
84
247
259
90
10
78
93
44
23
33
7
202
16
55
4
16
101
92
165
55
43
83
48
*
6
1
4
*
3
*
14
12
18
8
*
1
1
*
*
20
4
17
1
12
_
*
2
1
1
10
2
3
8
*
*
*
7
*
2
7
_
1
*
_
*
*
_
*
13
288
1,255
1,497
2.3394
3,118
27
3
15
63
33
19
25
67
40
377
173
73
15
24
13
7
40
12
82
61
87
206
114
4
29
58
16
21
39
286
126
371
3
18
17
188
51
44
24
41
97
55
122
12
28
37
26
9
27
19
12
11
11
10
40
4
24
3
127
43
131
29
7
53
537
2
8
12
11
46
101
3,176
5*67
45,369
1,834
20
6
106
26
28
4
135
3
7
32
66
4
3
782
137
108
24
10
7
38
33
18
*
1,422
1,597
752
1,639
6
50
24
27
33
94
106
53
34
27
54
41
8
3
13
*
5
16
3
*
14
4
2
3
38
1
152
284
131
146
141
167
66
102
2
189
316
pension
general and re
tirement
funds
funds
Held by
all
other
inves
tors 2 /
1,081
278
510
1,173
1,354
823
1,167
359
1,166
444
711
26
*
44
3
*
34,858
59
83
23
60
50
76
20
8
1
49,629
22
45
38
49
17
28
45
131
88
312
1
2
1
126,088
11
37
116
State and local
flrovemments
463
corpo
rations
3
15
4
*
1
37
67
7
37
29
58
485
savings
and loan
associa
tions
5
58
50
26
46
28
73
18
50
56
12
2
_
-
832
7
*
*
*
1
3,081
2
6
-
692
3
7
*
*
*
*
1,479
2,574
1,896
807
2,702
2,353
950
1,216
3,685
228
1,914
1,459
3,954
627
1
10
_
.
_
-
1 ,2 0 1
447 fire,
casualty,
and
marine
290
life
2
5
17
15
3
1974...........
1974...........
1975-85........
1978-83........
1980...........
1980...........
1981...........
1982...........
1984...........
1985...........
1986...........
1987-92........
1988-93........
1988-93........
1989-94........
1990...........
1993...........
1993-98........
1995...........
1998...........
Footnotes at end of Table TSO-6.
U. S. Govern
ment ac
counts and
Federal
Reserve
banks
1
55
2
8
3
*
22
3
4
4
8
10
2
31,866
52
41
35
39
994
480
345
599
957
395
1
328
10
892
585
361
10
22
1
204
43
13
263
11
88
1,463
3
25
34
20
1
31
*
16
126
86
1
2
10
12
5
14
*
83
25
23
23
24
440
674
1,720
269
190
561
1,551
23
357_
10
6
24
15
1
13
49
91
^251^
766
460
740
1,150
824
13,097
2,239
2,116
4,765
9,664
1,170
100,402
2,619
74
Treasury Bulletin
TREASURY SURVEY OF OWNERSHIP, FEBRUARY 28, 1974 _
_
Table TSO-4. - Interest-Bearing Nonmarketable Public Debt Securities by Type
(Par values - millions of dollars)
Held by investors covered in Treasury Survey
Type
Tota3
amount
outstand
ing 1/
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
5,601
commer
cial
banks
2/
479
mutual
savings
banks
Z/
Insurance companies
290
life
447 fire,
casualty,
and
marine
485
savings
and loan
associa
tions
State and local
governments
463
189 Pen
corpo 316
sion and
rations general retire
funds
ment funds
Held by
all
other
inves
tors 2/
U.S. savings bonds:
53,161
7,637
*
*
-
-
*
-
*
*
1
*
*
*
*
*
53,160
7,636
60,798
*
-
-
*
*
*
1
*
*
60,796
9,552
127
7
595
-
-
-
-
-
-
-
-
-
9,552
127
7
595
14,210
1,462
59
16
-
-
-
-
-
-
-
-
14,210
1,462
59
-
8
2,272
250
2,056
-
18
-
4
-
16
-
22
-
3
-
*
-
12
-
57
-
8
86
250
10
151
271
73
488
_
_
-
-
-
-
-
•
_
10
151
271
73
488
Total other U.S. securities..........
29,552
2,056
34 5/
4
16
22
3
*
12
57
27,350
Total nonmarketable public
debt securities.....................
90,350
2,056
34
4
16
22
3
1
12
58
88,146
Series H ...........................
Other U.S. securities:
Certificates of indebtedness:
Foreign Series.....................
Foreign Currency Series............
Treasury certificates.................
Treasury notes:
Foreign Series.....................
Depositary bonds.....................
Treasury bonds:
R.E.A. series......................
Investment Series B ................
State and local Government
Series:
Certificates of indebtedness.......
Treasury notes.....................
Treasury bonds.....................
U.S. retirement plan bonds...........
Footnotes at end of Table TSO-6.
16 2/
-
y
Table TSO-5. - Securities Issued by Government Agencies
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Type
Export-Inroort Bank:
5.30%
Feb. 1975 (Debentures)....
5.70
Dec. 1976 (Debentures)....
6-1/4
Aug. 1977 (Debentures)....
6.45
Feb. 1978 (Debentures)....
8.35
Aug. 1978 (Debentures)....
7.30
Nov. 1978 (Debentures)....
6.60
May
1979 (Debentures)......
Issues to State and Local Govts.
Participation certificates..............
Total
>ajnouiix
outstanding 1/ U
300
300
400
300
300
300
200
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
24
22
4
22
-
30
5,601
connnercial
banks
2/
126
108
116
127
124
164
75
479
mutual
savings
banks
2/
1
7
11
8
2
1
10
Insurance companies
290
life
-
8
-
447 fire,
casualty,
and
marine
2
*
1
Mr
485
savings
and loan
associa
tions
‘
12
33
56
5
-
-
-
*
1
1
*
*
*
Held by
all
other
463
189 pen
inves
corpo 316
sion and
tors 2/
rations general retire
funds
ment funds
State and local
e m tr o m i M i v f . a
13
11
45
98
38
5
10
20
11
4
5
6
24
*
*
-
ill
102
191
89
70
89
55
143
400
-
-
-
-
-
-
-
-
143
12
4
12
3
10
143
26
-
5
96
87
2,643
108
982
51
13
17
111
221
249
96
795
Federal Housing Administration:
(Debentures).......................
408
58
35
32
71
8
17
_
1
58
129
Government National Mortgage
Association:
Participation certificates.........
4,390
1,695
426
172
39
186
69
45
92
787
878
250
25
11
18
4
1
1
4
2
11
173
30
6
3
15
1
*
*
1
1
1
1
*
7
4
6
1
*
1
2
2
3
8
3
15
*
1
1
5
3
3
1
•*
1
1
1
1
1
18
7
-
-
-
*
_
_
_
221
81
33
77
15
10
2
39
51
72
87
42
124
Postal Service:
6-7/8% Feb. 1982-97 (Bonds)......
Tennessee Valiev Authority:
Short-term notes...................
8%
June 1974
(Bonds)......
8-3/4
June 1975
(Bonds)......
7-1/4
July 1976
(Bonds)......
4.40
Nov. 1985
(Bonds)......
4-5/8
July 1986
(Bonds)......
4-1/2
Feb. 1987
(Bonds)......
5.70
May" 1992
(Bonds )7 .Y.Y.Y
6-3/8
Nov. 1992
(Bonds)......
8-1/4
Oct. 1994
(Bonds)......
9
Mar. 1995
(Bonds)......
9-1/4
June 1995
(Bonds) .........
7.30
Oct. 1996
(Bonds) .........
330
100
50
100
50
50
45
70
60
100
100 •
50
150
53
-
_
-
*
-
1
-
*
4
10
2
1
1
■*
*
2
_
2
*
3
3
*
-
-
-
-*
-
-
-
-
“
1
2
-
Mr
Mr
*
*
*
1
1
_
_
-
_
26
36
37
22
5
22
3
5
6
April 1974
75
TREASURY SURVEY OF OWNERSHIP,FEBRUARY 28, i<m
Table TSO-5. - Securities Issued by Government Agencies—Continued
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstand
ing 1 / 7 /
Type
Tennessee Valley
(Continued):
7#
Jan.
May
7.35
7.35
July
7.40
Oct.
Jan.
7.35
Apr.
7.35
July
7-3/4
7.70
Oct.
Jan.
8.05
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
5,601
commer
cial
banks
2/
479
mutual
savings
banks
2/
Insurance companies
290
life
447 fire,
casualty,
and
marine
485
savings
and loan
associa
tions
State and local
crnwoT*ntnon+.a
463
1^9 pen
corpo 316
sion and
rations general retire
funds
ment funds
Held by
all
other
inves
tors 2/
Authority
1977
1997
1997
1997
1998
1998
1998
1998
1999
150
150
150
150
100
150
150
100
100
_
_
-
2,455
10,148
(Bonds).....
(Bonds).....
(Bonds).....
(Bonds).....
(Bonds).....
(Bonds).....
(Bonds).....
(Bonds).....
(Bonds).....
Total..
Total Government agency securities
covered in survey.................
1
9
9
3
4
46
1
1
3
1
3
1
1
3
1
10
7
3
7
8
5
2
3
4
24
*
1
117
110
111
115
69
112
80
48
89
33
2
■*
1
*
1
7
30
40
217
1,705
159
219
243
300
385
1,169
3,681
16
15
19
18
15
7
1
1
1
2
2
5
1
1
2
*
53
6
4
3
4
3
21
32
44
4
180
144
1,939
1,635
417
Footnotes at end of Table TSO-6.
Table TSO-6. - Securities Issued by Government-Sponsored Agencies
and the District of Columbia
(Par values - in millions of dollars)
Held by investors covered in Treasuiy Survey
Total
amount
outstand
ing
Issue
Banks for Cooperatives:
9.90# Mar. 1974 (Debentures)...
Apr. 1974 (Debentures)...
9.85
May
7.95
1974 (Debentures)...
8.80
June 1974 (Debentures)...
July 1974 (Debentures)...
7.95
Aug. 1974 (Debentures)...
8.15
7.70
Apr. 1977 (Debentures)...
Total.
Fagaers .tjomg ^ffijaigtrai^ion:
8-7/8# Jan. 1975 (Insured notes).
6-5/8 Aug. 1976 (Insured notes).
Mar. 1977 (Insured notes).
6.35
June 1977 (Insured notes).
6.45
6-7/8 Aug, 1977 (Insured notes).
6.55
Dec. 1977 (Insured notes).
7.20
Mar. 1978 (Insured notes).
May
1978 (Insured notes).
7-1/4
July 1978 (Insured notes).
7.35
7.30
Dec. 1978 (CB0)..........
8.90
Jan. 1980 (Insured notes).
7
Nov. 1980 (Insured notes).
6.40
Mar. 1981 (Insured notes).
7-7/8 June 1981 (Insured notes).
7.10
Jan. 1982 (Insured notes).
8-5/8 July 1985 (Insured notes).
7-1/2 Aug. 1986 (Insured notes).
7-1/8 Dec, 1987 (Insured notes).
7-1/2 Mar. 1988 (Insured notes).
7-1/2 May
1988 (Insured notes).
7-3/4 Dec. 1988 (CB0)..........
Total.
Federal Home loan
May
6.35#
6.45
May
5-3/8
Aug.
7.65
Aug.
9-5/8
Aug.
Nov.
7.05
Nov,
8 /„
5-7/8
Feb.
6.10
Feb.
8.20
Feb.
6.80
May
May
7.15
8.05
May
7.15
Aug.
7-7/8
Aug.
Aug.
7.95
6-1/2
Nov,
Banks:
1974
1974
1974
1974
1974
1974
1974
1975
1975
1975
1975
1975
1975
1975
1975
1975
1975
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds),,..
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
.State and local
governments
Insurance companies
5,601
commer
cial
banks
2/
479
mutual
savings
banks
2/
290
life
447 fire,
casualty,
and
marine
Held by
all
other
inves
tors 2/
485
savings
and loan
associa
tions
463
corpo
rations
4
4
11
12
16
7
1
6
_
3
3
_
2
14
16
28
81
135
71
62
5
4
_
_
-
255
260
224
376
297
386
104
29
399
4
1,902
5
*
_
1
1
_
_
12
_
_
_
2
6
_
_
_
_
_
-
10
3
9
20
18
5
8
3
5
17
23
30
5
2
16
56
4
7
2
5
-
*
4
_
10
4
3
_
3
4
15
7
7
7
4
46
47
48
52
62
1
113
50
249
119
190
227
166
158
152
107
90
108
60
106
186
116
66
59
92
50
135
189
pension
316
general and re
tirement
funds
funds
316
343 2/
354
611 2/
462
566 2/
200
_
-
28
47
32
74
71
99
75
1
4
3
10
4
11
1
*
_
_
-
2
*
*
1
2
_
-
2,853 2/
-
427
33
*
5
200
150
400
150
201
201
200
200
11
7
8
4
1
27
6
8
8
14
30
_
2
1
9
-
56
83
89
110
138
125
94
104
110
172
8
75
72
56
76
14
8
39
2
16
59
2
7
22
23
37
31
22
3
13
2
2
25
12
37
38
21
17
31
30
7
-
1
1
1
1
3
4
2
*
1
2
6
5
5
1
1
2
2
*
8
*
2
2
1
1
1
1
3
11
6
6
3
2
3
4
1
*
•*
4
1
17
8
3
5
4
1
2
2
1
44
28
19
9
9
3
14
20
50
5
5,558
134
1,506
378
39
56
248
27
249
321
2,598
300
700
400
173
800
1,000
218
400
250
500
300
700
265
400
500
300
350
14
1
10
_
37
93
161
79
22
82
236
42
150
62
160
-94
196
38
134
129
54
78
1
_
1
1
1
1
. 1
1
1
*
2
5
1
20
72
35
18
24
140
22
26
28
10
8
39
28
18
30
17
53
5
18
_
10
23
5
40
20
4
95
53
5
26
5
14
6
37
4
16
41
4
5
3
_
4
1
150
396
215
116
574
489
141
141
134
254
171
296
170
185
244
166
174
300
400
403
300
301
301
300
150
300
200
250
350
300
2
3
41
_
1
41
9
19
20
21
12
9
19
7
18
9
13
3 •
23
16
8
11
18
21
1
5
*
*
1
*
*
1
10
1
2
1
3
54
— — — ——
'
36
2
44
16
66
37
42
7
_
*
1
1
*
76
Treasury Bulletin
TWttABtmv SURVEY OF OWNBR8 HIP, FEBRUARY 28, 1974
-
Table TSO-6. - Securities Issued by Government-Sponsored Agencies
and the District of Columbia]—Continued
(Par values - in millions of dollars)
Held by investors covered in Treasuiy Survey
Tm
Total
amount
outstand
ing
km
Federal Home loan Banks (Continued).:
(Bonds)....
1975
7.05# Nov.
(Bonds)....
1976
7.3/8 Feb.
(Bonds)....
Feb.
1976
8.75
7.20
May
1976
1976
May
7.45
(Bonds)....
7.80
Aug.
1976
(Bonds)....
7.20
Feb.
1977
(Bonds)....
May
1977
6.95
Aug.
(Bonds)....
1977
7.15
Nov.
1977
6.75
1977
Nov.
7.45
May
(Bonds)....
1978
7.60
Feb.
1980
(Bonds)....
7.05
Feb.
1980
7.75
(Bonds).f...
1980
7.80
Oct.
(Bonds)....
6.60
Nov.
1981
(Bonds)....
May
7.30
1983
7-3/8 Nov.
1983-93 (Bonds)....
FHLMC 10/
5.30
Aug.
1974
(Mbg. Backed Bonds)..
FHIMC 10/
Aug.
1976
7.05
(Mbg. Backed Bonds)..
FHIMC 10/
Feb.
1977
6.15
(Mbg. Backed Bonds)..
8.60
Nov.
1976-95 FHLMC 10/
(Mbg. Backed Bonds)..
1977-96 FHLMC 10/
Aug.
7.75
(Mbg. Backed Bonds)..
May
1982-97 FHIMC 10/
7.15
(Mbg. Backed Bonds)..
Issues to State and Local Govts.
FHLMC 8/ 10/ (Mbg. Backed Bonds)..
Federal Intermediate Credit Banks:
Mar.
7#
1974 (Debentures)..
Apr.
7.50
1974 (Debentures)..
May
8.65
1974 (Debentures)..
June
9.75
1974 (Debentures)..
July
5.95
1974 (Debentures)..
July
1974 (Debentures)..
9-3/4
Aug.
7.95
1974 (Debentures)..
8.60
Sept. 1974 (Debentures)..
Oct.
7.95
1974 (Debentures)..
8
Nov.
1974 (Debentures)..
Jan.
6.05
1975 (Debentures)..
5.70
1975 (Debentures)..
July
Jan.
6.65
1975 (Debentures)..
Jan.
7.10
1977 (Debentures)..
7.10
Jan.
1978 (Debentures)..
Total.
Federal Land Banks:
1973-78
4-1/8# Feb.
Apr.
5.85
1974
Apr.
7.30
1974
July
5.85
1974
5.30
Oct.
1974
7.15
Jan.
1975
Jan.
8-3/8
1975
Apr.
4-3/8
1975
Apr.
7.65
1975
5.70
July
1975
7.20
Oct.
1975
7.40
Oct.
1975
Jan.
1976
6.25
Feb.
1976
5
Apr.
1976
6-1/4
July
1976
5-3/8
July
1976
7.05
Oct.
1976
7.15
7-1/2
July
1977
Oct.
1977
6.35
5-1/8
Apr.
1978
6.40
July
1978
1978
Oct.
7.35
Jan.
5
1979
7.10
Jan.
1979
Apr.
6.85
1979
July
7.15
1979
6.80
Oct.
1979
6.70
Jan.
1980
1980
7-1/2
July
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
U.S. Govern
ment ac
counts
Federal
Reserve
banks
J7Q
H
mrbual
savings
banks
2/
290
life
485
savings
447 fire, and loan
casualty, associa
and
tions
marine
600
300
300
600
300
500
500
200
300
300
300
500
300
350
200
200
200
400
10
7
5
2
2
2
*
37
13
8
7
4
207
75
72
235
113
166
22 3
46
81
86
120
189
132
47
39
60
43
158
11
9
4
14
8
12
10
13
6
5
7
12
5
18
15
14
14
2
200
-
56
3
400
-
167
2
-
*
350
10
85
11
2
2
4
15
2
-
140
*
State and local
Insurance companies
5,601
commer
cial
banks
2/
1
*
*
1
*
1
1
1
2
*
*
1
1
1
/AO
corpo
rations
189
316
pension
general and re
tirement
funds
funds
1
*
6
*
*
4
*
1
3
2
1
1
3
2
*
1
*
29
33
5
29
14
22
29
12
15
15
14
34
10
15
7
2
1
24
30
57
23
24
52
18
6
36
18
42
1
2
7
9
54
*
5
79
11
24
27
1
8
8
10
17
8
12
7
2
■*
6
1
*
*
4
2
1
1
2
1
1
2
2
8
256
176
208
182
131
245
153
109
182
145
126
201
143
215
117
105
132
189
-
12
5
6
-
118
26
-
7
-
197
46
11
4
-
179
5
-
-
4
109
4
-
1
17
96
5
7
3
31
88
150
-
6
12
14
-
150
-
3
10
1
2
393
-
-
-
-
-
-
-
393
-
15,689
266
4,223
477
38
62
997
656
O S S
1,073
87
6662/
424 2/
542 2/
657 2/
224 2/
7132/
590 2/
5212/
567 2/
772 2/
240 2/
302 2/
262 2/
236 2/
4062/
4
_
_
10
_
_
-
136
82
71
61
61
138
82
97
95
102
97
110
67
97
183
10
12
12
6
9
5
11
15
18
17
5
14
8
1
7
*
*
*
1
*
*
1
_
1
1
1
2
2
2
2
1
1
2
2
1
3
1
1
12
19
8
5
21
9
7
8
10
14
14
28
24
15
19
10
*
*
8
3
13
8
15
6
12
13
5
11
30
35
25
50
98
12
27
53
48
39
11
11
9
13
8
16
7,1212/
14
1,478
153
3
21
214
135
456
~
1
1
27
12
13
13
7
5
34
32
8
6
15
*
4
10
8
9
8
57
1
13
7
12
21
11
*
7
13
8
5
2
*
*
2
*
_
_
2
5
2
7
.
6
*
2
2
.
4
2
148
350
354 2/
326
300
300 2/
220
200
3002/
425
300
362 2/
300
123
373
150
360
450
550
300
150
269
550
5092/
300 2/
235
389
4002/
300
250
15
33
27
17
_
7
28
1
20
29
2
1
14
10
31
-
36
91
90
84
88
74
29
24
60
130
59
116
87
14
106
14
111
142
125
105
22
93
216
55
104
45
161
149
106
94
5
11
12
11
6
8
9
8
4
13
10
5
16
3
12
4
6
15
14
7
2
14
3
14
4
18
8
30
14
4
5
1
*
2
2
*
1
1
1
1
2
2
*
*
1
*
2
1
.
6
*
*
1
2
-
Held by
all
other
inves
tors y
3
1
7
*•
4
*
6
3
1
3
2
1
2
1
1
3
1
1
9
3
6
10
*
13
*
2
*
4
1
5
3
22
13
10
18
9
5
7
6
50
10
5
19
2
29
1
14
11
24
10
2
6
47
12
32
1
6
3
5
-
15
14
4
40
4
17
8
36
1
30
10
4
2
*
6
19
10
*
4
20
69
10
5
15
6
17
8
10
i
1
*
*
* '
*
.
-
7,811
455
283
398
476
116
519
427
336
403
620
100
118
142
104
149
4,645
""1
77
170
187
181
150
161
159
104
190
183
203
190
136
90
210
115
214
231
304
145
93
117
200
363
144
143
201
153
152
130
77
April 1974
_TRBA 8 URY SURVEY OP OWNERSHIP. FEBRUARY 28, 1974___
Table TSO-6. - Securities Issued by Government-Sponsored Agencies
and the D istrict of Columbia—Continued
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Issue
Federal Land Banks
Apr.
6.70%
Apr.
6.90
Oct.
7.30
Oct.
7.30
(Continued):
1981
(Bonds)....
1982
(Bonds)....
1982
(Bonds)....
(Bonds)....
1983
Total.
Federal National Mortgage Association
Discount Notes..
(Debentures
Mar.
5.45%
1974
(Debentures
Mar.
1974
7-3/4
(Debentures
June
5.70
1974
(Debentures
June
7.90
1974
(Debentures
Sept. 1974
5.65
(Debentures
Sept. 1974
7.85
Dec.
(Debentures
6.10
1974
Dec.
(Debentures
6.45
1974
(Debentures
1975
Mar.
6.35
Mar.
(Debentures
1975
7.55
June
(Debentures
1975
5-1/4
(Debentures
Sept. 1975
6.80
(Debentures
Sept. 1975
7.50
Dec.
(Debentures
5.70
1975
Dec.
(Debentures
1975
8.25
Mar.
1976
(Debentures
5.65
7-1/8
Mar.
1976
(Debentures
June
1976
(Debentures
5.85
June
1976
(Debentures
6.70
(Debentures
Sept. 1976
5.85
(Debentures
6-1/8
Sept. 1976
Dec.
1976
(Debentures
6.25
Dec.
1976
(Debentures
7.45
Feb.
1977
(Debentures
4-1/2
Mar.
(Debentures
1977
6.30
June
(Debentures
6.50
1977
(Debentures
June
1977
6-3/8
(Debentures
June
7.20
1977
(Debentures
6-7/8
Sept. 1977
(Debentures
Sept. 1977
7.85
(Debentures
Dec.
1977
7-1/4
Dec.
(Debentures
1977
7.55
1978
(Debentures
June
7.15
1978
Dec.
(Debentures
6.75
(Debentures
Mar.
1979
7.25
(Debentures
June
1979
7.85
(Debentures
6.40
Sept. 1979
Dec.
(Debentures
1979
6.55
1980
(Debentures
Mar.
6-7/8
(Debentures
Sept. 1980
7.50
(Debentures
Dec.
1980
6.60
Mar.
1981
(Debentures
7.05
June
(Debentures
7-1/4
1981
(Debentures
Sept. 1981
7-1/4
1982
(Debentures
June
6.65
(Debentures
6.80
Sept. 1982
Dec.
1982
(Debentures
7.35
June
(Debentures
1983
6.75
June
(Debentures
7.30
1983
Sept. 1983
(Debentures
6.75
June
(Debentures
1984
6-1/4
Dec.
(Debentures
6.90
1984
1992
Mar.
(Debentures
7
1992
June
(Debentures
7.05
Dec.
1982-97(Debentures
7.10
(Capital
8
Apr.
1975
Debentures
(Capital
1996
Oct.
4-3/8
Debentures
Oct.
1982-97(Capital
7.40
Debentures
(Mtg .Backed
June
8-3/8
1975
Bonds)....
8-5/8
Oct.
1980-90(Mtg.Backed
Bonds)....
Issues to State and Local Goveraments (Mtg. Backed Bonds) 8/.....
Total.
District of Columbia:
Dec.
4.20%
1970-79(Bonds)....
Footnotes on following page.
Total
amount
outstand
ing
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
Insurance companies
5,601
commer
cial
banks
2/
479
mutual
savings
banks
2/
2
3
45
10
47
31
36
83
15
25
8
4
1
1
295
= * —
2,827
344
33
2,244
400
350
350
400
300
250
250
450
600
300
500
650
350
500
300
500
400
450
250
500
300
500
300
198
500
150
250
500
300
400
500
500
600
300
500
300
300
350
250
400
300
350
250
250
250
200
300
200
300
250
200
250
200
200
200
13
30
39
33
7
50
53
45
26
36
30
10
18
4
29
34
26
16
23
4
6
12
36
6
2
6
8
44
20
60
15
21
8
12
29
3
21
30
11
8
9
14
10
41
13
39
21
6
3
197
123
68
105
77
84
33
109
171
214
86
120
151
58
147
104
128
161
113
43
162
95
150
51
18
125
52
68
200
66
139
162
200
154
106
234
138
123
115
65
230
112
73
43
42
49
55
194
36
98
41
43
19
11
26
14
33
11
12
5
23
11
12
11
22
25
12
13
22
17
16
6
15
8
10
25
24
8
23
22
6
24
10
12
3
9
3
6
19
13
18
5
3
24
45
27
5
26
8
13
19
33
13
35
14
3
30
17
19
33
14
20
1
1
*
*
1
1
*
1
1
1
*
*
1
3
7
*
*
*
*
1
1
1
1
1
•*
*
*
*
3
6
*
2
*
1
2
1
10
200
-
30
10
1
248
-
5
2
224
200
239
300
10,506 2/
447 fire,
casualty,
and
marine
290
life
*
*
*
485
savings
463
and loan corpo
associa rations
tions
State and local
governments
189
pension
316
general and re
tirement
funds
funds
Held by
all
other
inves
tors 2/
7
39
*
1
*
143
137
139
137
415
421
37
5,651
53
18
15
26
23
23
17
20
21
36
22
98
58
28
52
7
83
26
61
33
56
28
60
12
14
57
11
15
47
20
29
57
34
87
6
48
16
13
7
2
2
2
11
9
11
4
*
11
1
10
12
12
4
12
11
109
6
4
12
2
4
5
13
*
44
5
28
13
8
20
28
6
22
13
2
8
8
20
5
29
22
32
69
7
2
26
18
*
16
1
2
5
2
1
6
3
11
2
4
4
4
-
811
22
11
8
38
7
20
6
6
3
19
7
2
5
8
10
7
1
4
2
7
2
8
9
6
5
1
3
21
1
19
15
26
24
3
40
17
3
3
8
19
7
2
1
2
1
13
26
2
19
3
3
2
3
5
1
5
*
5
1
2
1
*
*
*
*
*
*
7
2
4
*
_
1
1
1
1
1
9
1
3
*
1
*
1
10
26
12
7
1,033
204
210
149
198
161
157
90
177
217
109
204
361
201
244
144
239
176
217
144
205
140
233
179
115
274
77
145
189
153
181
222
143
306
114
124
64
117
149
130
110
118
259
148
143
140
101
29
112
155
121
105
147
94
120
134
1
18
2
22
-
117
4
1
8
20
1
*
208
6
3
1
-
4
1
26
391
*
1
1
6
5
2
2
2
4
8
*
3
3
3
2
1
4
1
2
1
2
*
*
*
4
5
*
1
*
13
*
*
2
2
7
3
1
1
3
4
5
3
2
1
1
2
1
1
1
1
1
1
2
3
■*
91
sssss^sss.
7
*
250
17
27
68
2
*
9
1
*
14
112
250
1
26
8
1
*
11
3
74
9
117
200
18
6
20
1
4
7
-
1
22
121
553
-
-
-
-
-
-
-
553
-
-
23,093
1,079
5,894
1,021
59
127
1,504
677
1,978
147
10,607
20
-
*
3
*
1
5
~
1
2
8
78
Treasury Bulletin
.TREASURY 8URVEY OP OWNERSHIP .FEBRUARY 28, 1974________________________ _
Footnotes to Treasury Survey of Ownership Tables
1/
Securities issued by the Treasury and Government agencies that are
classified as debt under the new unified budget concept. For debt
subject to limitations, see Table FD-9.
2/ Includes trust departments.
Included with all other investors are those banks, insurance companies,
savings and loan associations, corporations, and State and local
government funds not reporting in the Treasury Survey. Also included
are certain Government deposit accounts and Government-sponsored
agencies.
ij United States savings bonds, Series E, are reported to the Treasury
Survey at maturity value but have been adjusted to current redemption
value for use in this table.
6/
7/
8/
2/
10/
Includes $8 million depositary bonds held by commercial banks not in
cluded in the Treasury Survey.
Includes Export-Import Bank and Government National Mortgage Associ
ation participation certificates.
Includes matured securities outstanding on which interest has ceased.
Direct placements with State and Local Governments with various
interest rates and Maturity dates.
Includes securities issued for use as collateral for short-term
borrowings.
Obligation of the Federal Home Loan Mortgage Corporation. The
capital stock of the Federal Home Loan Mortgage Corporation is held
by the twelve Federal Home Loan Banks. * Less than $500,000.
79
April 1974
.MARKET QUOTATIONS ON TREASURY SECURITIES, MARCH 29, 1974
The securities listed include all regularly quoted public
marketable securities issued by the United States Treas
ury. Securities issued by Federal agencies and guaranteed
by the United States Government are excluded.
Current market quotations shown here are over-thecounter c losing bid quotations in the New York market
for the last tr a d i n g day of the month, as reported to
the Treasury b y the Federal Reserve Bank of New York.
Table MQ-1. - Treasury Bills
Amount outstanding
(millions)______
13-week
Issue date
26-week
13-week
$2,501
2.505
2.502
2.505
2,507
$1,801
1.803
1,802
1,802
1,801
2.505
2.502
2.503
2.503
2,501
1,801
1,801
1,800
1.798
1,801
1/3/74
1/10/74
1/L7/74
1/24/74
1/31/74
2/7/74
2/14/74
2/21/74
2/28/74
3/7/74
2,502
2,501
2,501
1,801
1.799
1,802
1.803
1,810
3A4/74
3/21/74
3/28/74
26-week
10/4/73
1 0 A 1 /7 3
4/ 4/74
4/ 11/74
9.00#
+1.40#
8.88
+1.36
+1.13
12/6/73
6 /6 / 7 4
12/13/73
6 A 3 /7 4
6 /2 0 / 7 4
8.45
8.46
4A 8 /7 4
4/ 25/74
5/ 2/74
11/8/73
5/ 9/74
11/15/73
11/23/73
11/29/73
5A 6 /7 4
12/20A3
12/27/73
1/3/74
1A0/74
1,811
1.798
1.803
1,802
1.799
1A7/74
1/24/74
1/31/74
2/7/74
2A4/74
1,797
1,802
1,805
1,802
1,801
2/21/74
2/28/74
3/7A4
3/14/74
3/21/74
3/28/74
Change from
last month
Bid
8.63
8.51
8.57
8.57
8.55
8.52
8.52
8.45
10/18/73
10/25/73
llA /7 3
Amount
Bank discount
Maturity
date
5/ 23/74
5/ 30/74
6/27/74
7/5/74
7/L1/74
7A8/74
7/25/74
8A /74
+1.02
+1.10
+1.12
+1.14
+1.09
+1.06
+1.00
+1.01
+1.03
+ .84
8.28
8.54
8.56
8/22/74
8/29/74
9/5/74
9A2/74
9A9/74
9/26/74
Bank discount
Maturity
date
Change from
last month
Bid
$1,802
1,800
1,801
1,802
1.804
4/30/73
5/31/73
6/30/73
7/31/73
10/9/73
7/3 0 / 7 4
1.805
•1,802
1,802
1,801
1,803
1,802
1,802
1,801
8/28/73
9/25/73
10/23/73
11/20/73
12/18/73
8/27/74
9/24/74
10/22/74
11A9/74
12A7/74
1A5/74
2/12/74
3A2/74
1/14/75
2A1/75
3A1/75
8.95#
8.54
8.46
8.55
8.53
+1.02
8.53
8.33
8.28
+1.12
4/ 9/74
5/ 7/74
6 /4 A 4
7/ 2/74
+1.35#
+1.09
+1.17
+1.11
+1.14
+1.14
+1.15
+1.14
8.20
8.15
8.07
+1.11
+1.21
8.00
7.81
+1.12
+1.14
+1.16
+1.14
8.56
8.54
8.53
8.53
8.54
8A5/74
Issue
date
Outstanding
(millions)
+1.11
+1.11
+1.12
Tax Anticipation Bills
Amount
Outstanding
(millions)
Issue
date
Bank discotint
Maturity
date
Bid
Change from
last month
4A9/74
8.35#
+ .56#
6/21A4
8.59
+1.13
+1.17
8.54
8.51
8.33
8.35
8.34
$2,007
1,002
1,516
2,000
2,523
8.20
H A A S '!
11 / 30 / 7 3 )
11/30/ m
3/ 29/ 74 /
+1.14#
Table MQ-2. - Treasury Notes
(Price decimals are 32nds)
Yield
Price
Amount
outstanding
(millions)
$ 4,334
10,284
2,060
5,442
2,102
Description
7-1/4#
5-5/8
6
5-3/4
5-7/8
4,015
1,222
6,760
1,776
7,679
5-3/4
5-7/8
6
5-7/8
5-7/8
2,042
3,115
3,739
1,731
4,945
8 -3 /8
7
6-1 /4
7
5-7/8
1,531
2,697
2,802
4,194
3,883
8
6-1 /2
5-3/4
7-1 /2
6 -1 /2
4,325
5,163
2,565
4,918
8,389
6 -1 /4
8
6 -7 /8
7 -3 /4
6 -1 /4
8,207
4,559
1,604
2,241
7,265
6
6 -1 /4
6 -5 /8
7
6 -7 /8
1,842
42
8
30
27
7
1 -1 /2
1 -1 /2
1 -1 /2
1 -1 /2
11
5
17
15
3
1 -1 /2
1 -1 /2
1 -1 /2
1 -1 /2
1 -1 /2
_
_
_
-
Bid
To
maturity
High
Issue
date
Change
from last
month
Price
Low
Date
Price
Date
3/21/71
3/22/71
11A 6/72
3/22/71
12/21/72
98.18
89.14
96.18
89.22
96.01
8/ 8/73
12/29/69
8/7/73
12/29/69
8/7/73
89.18
96.00
90.00
95.16
95.01
12/29/69
8/7/73
5A8/71
8/7/73
8/7/73
100.11
97.06
91.20
98.31
94.04
3/28/74
8/7/73
1/30/70
3/28/74
8/7/73
99.25J
98.23
98.20
98.08
98.01
-.0 1 *
-.1 2 }
-.1 6
-.2 1
-.2 8
8.74
9.11
8.90
8.71
8.65'
+.85#
+1.47
+1.32
+1.33
+1.39
11A 5/70
8A 5/68
10A 9/72
11A 5/67
12/28/72
108.12
103.28
100.20
2/15/75-A
2/15/75-E
5A 5 /75-B
5/15/75-F
8/15/75-C
97.26
97.27
97.18
97.16
97.04
-.2 9
-1 .0 8
-1 .0 4
-1 .0 9
8.32
8.26
8.13
+1.23
+1.33
+1.27
+1.17
+1.08
2/15/68
10/22/71
5/15/68
4/3/72
2A 5/71
104.20
-1.00
8.40
8.48
102.10
105.22
101.07
105.00
3/22/71
1/L4/72
3/22/71
5/30/72
3/22/71
9/30/75-G
11A5/75-D
2A5/76-A
12/31/75-H
2/15 /7 6-F
100.12
98.16
97.04
98.15
96.11
-1 .1 9
-1 .1 7
-2 .0 0
-1 .1 7
-1 .1 9
8.10
8.01
7.93
7.96
8.01
+1.07
+1.03
+1.20
+.96
+.99
9/4/73
8A 5/71
2A5/69
11/15/73
8/15/72
102.26
106.09
106.28
100.24
100 . o i l
12/17/73
1/L4/72
3/22/71
2/6/74
8/9/72
100.01J
97.11
95.26
99.10
97.06
-1 .2 3
-1 .2 1
-1 .2 6
-1 .2 4
7.97
7.88
7.93
7.82
7.82
+ .92
+ .92
+.83
4/ 9/74
5/15/69
2A 5/72
10A /69
2A5/73
100.Oli
107.24
101.00
111.28
99.26
3/29/74
3/22/71
2A 7/72
3/22/71
2/15/73
96.09
100.14
97.20
99.29
95.05
-1 .2 8
-2 .1 9
-2 .0 4
-2 .1 9
-2 .1 4
7.85
7.83
7.75
7.78
7.72
+.84
9 /8/71
2/15/70
2A 5/74
8A 5/70
2A 5/71
103.27
114.08
100.16
-
11A5/76-D
2/15/77-A
5 /15 /7 7-C
8/15/77-B
2/15/78-A
93.17
94.09
95.04
96.30
96.01
-2 .2 0
-2 .1 9
-2 .3 0
-2 .2 9
-3 .0 5
7.69
7.56
7.71
7.68
7.70
+.72
+.62
+ .67
+ .65
+ .65
11A 5 /7 i
-
l l / l 5 /78-B
8A5/79-A
11/15/79-B
11/15/79-C
5/15/80-A
2A5/81-A
10A/74-E0
4A/75-EA
10/1/75-E0
4A/76-EA
96.16
96.08
93.30
90.28
88.24
-3 .0 7
+.14
+.30
-.0 4
+ .04
7.66
9.39
7.94
8.09
7.68
+ .61
+.29
-.4 9
+.43
+.17
10A /76-E 0
4A/77-EA
10A/77-E0
4A/78-EA
10A/78-E0
86.24
85.06
83.16
80.30
79.22
+ .04
+.12
+.08
-.0 4
-.1 8
7.41
7.07
6.89
7.06
6.82
+.13
-.0 1
+.03
+.15
+ .26
-
_
_
_
-
_
_
_
_
-
_
_
-
_
_
_
_
_
_
_
_
_
_
-
_
-
Footnotes at end of Table MQ-3.
5A5/74-D
8A5/74-B
9/30/74-E
11/15/74-A
12/31/74-F
Change
from last
month
Price range since f ir s t traded i /
3 /3 1 /7 6 - h
5A 5 /76 -B
5A5/76-E
8A 5 /76-C
8A 5 /76-G
_
+.84
+.98
+.78
+.86
+ .75
-
104.20
99.30|
.
9 7 .27§92.16
93.12
97.28
95.08
3/28/74
1/30/73
8/7/73
5/4/70
8/7/73
106.20
12/28/71
3/22/71
2A 4/74
3/22/71
3/22/71
94.07
99.24
97.13
98.12
92.30
8/7/73
8/7/73
3/28/74
8/7/73
8/7/73
8A 5/72
2A 5/73
11/15/73
5A5/73
101.08
100.20
100.06
101.10
100.22
1/L4/72
11/5/72
4/9/73
12/20/73
10/9/73
91.06
92.21
93.30
95.20
94.10
8/7/73
8/7/73
8/7/73
3/25/74
8/7/73
2A 5/74
10A /69
4 A /7 0
10/1/70
4 A /7 1
100.26
96.08
93.30
91.00
88.24
2A 4/74
3/29/74
3/29/74
2/28/74
3/29/74
95.31
73.30
74.26
76.16
80.20
3/28/74
1/30/70
5/29/70
10/30/70
6/30/71
10A /71
86.24
85.06
83.18
81.02
80.08
3/29/74
3/29/74
3/29/74
2/28/74
2/28/74
80.26
80.02
80.16
79.20
79.04
10/29/73
4/28/72
10/31/72
7/31/73
10/31/73
4 /1/72
1 0A /72
4 A /7 3
1 0A /73
114.00
Treasury Bulletin
80
M ARKET QUOTATIONS ON TREASURY SECURITIES,MARCH 29, 1974 _ _ _
Table MQ-3. - Treasury Bonds
(Price decimals are 32d's)
Price
Amount
out
standing
(millions)
$2,847
1,213
Bid
99.12J
97.09
75.06
71.30
5/15/74
11/15/74
5/15/7 5-85
6/15/78-83
Change
from
last
month
To first
call or
maturity
2/
+ .C4i
9.29%
-.22
8.46
-2.06
-2 .1 4
-3.02
7.59
7.53
62.02
12/29/69
12/29/69
5/26/70
5/26/70
7.81
7.68
7.47
7.24
7.25
+
+
+
+
+
.76
.62
.61
.32
.31
1/23/59
10/3/60
8/15/71
2/15/72
8/15/72
103.18
97.24
5/12/61
5/12/61
11/15/71
3/9/72
11/15/72
71.04
66.24
97.12
92.16
91.10
12/29/69
5/24/70
3/29/74
8/7/73
8/7/73
6.99
7.47
6.51
7.13
6.69
+
+
+
+
+
.44
.24
.35
.36
.34
6/3/58
11/15/71
2/14/58
8/15/62
1/17/63
101.04
6/11/58
11/5/71
4/21/58
12/26/62
1/16/63
61.08
89.04
59.20
63.00
62.18
5/26/70
3/29/74
5/26/70
5/26/70
5/16/70
+
+
+
+
+
.31
.33
.37
.27
.35
1/10/73
8/15/73
4/18/63
2/15/55
5/15/73
99.22
104.14
100.26
99.22
1/4/73
9/28/73
8/28/63
6/18/55
9/28/73
89.22
95.07
61.26
59.20
90.22
3/29/74
8/1/73
5/26/70
5/26/70
3/29/74
+ .26 .
10/3/60
95.14
5/12/61
59.20
5/26/70
82.10
78.20
97.12
94.28
93.22
943
1,216
3,932
3,678
227
3 -1 /4
5/15/85 2 /
n /1 5 /8 6 y
2/1 5 / 9 0 y
8/15/87-92 y
2/15/88-93 y
71.14
89.04
70.16
70.24
71.12
-2.22
3-1 /2
4 -1 /4
4
2/15/93
8/15/88-93
5/15/89-94
2/15/95
5/15/93-98
89.08
95.30
70.20
70.18
90.22
-2 .2 6
-3.08
-3 .0 8
692
6 -3 /4
7-1/2
4 -1 /8
3
7
-2.22
-3.20
7.85
7.91
6.83
5.36
7.87
3,066
3 -1 /2
70.18
-2.22
5.75
627
1,914
1,456
832
y
y
y
y
y
11/15/98 2 /
Beginning April 1953, prices are closing bid quotations in the overthe-counter market. Prices for prior dates are the mean of closing
bid and ask quotations. "When issued" prices are included in the
history beginning October 1941. Dates of highs and lows in case of
recurrences are the latest dates.
Price
84.22
2/15/80
11/15/80
8/15/81
2/15/82
8/15/84 2/
-1.24
-2.24
-2 .2 8
-2 .2 8
Date
1/12/64
4/22/58
5/5/61
8/4/54
4
3 -1 /2
7
6 -3 /8
6-3/8
6-1/8
Price
101.07
110.24
105.28
111.28
2,573
1,896
807
2,702
2,353
-3 .1 4
-1 .2 6
-2.04
Low
High
Issue
date
5/15/64
12/2/57
4/5/60
5/1/53
1,477
-2.20
Change
from
last
month
+1.31#
+1.57
+ .36
+ .47
4-1/4
3 -7 /8
4 -1 /4
3 -1 /4
1,201
1/
Description
Price range since first traded 1/
Yield
2/
2/
110.02
101.14
99.24
100.20
106.26
104.10
100.11
101.12
82.14
66.30
On callable issues market convention treats the yields to earl^at
call date as more significant when an issue is selling above par,
and to maturity when it is selling at par or below.
Included in the average yield of long term taxable Treasury bonds
as shown under "Average yields of Long-Term Bonds."
YIELDS OFTREASURY SECURITIES, MARCH 29,1974
Based
on
Closing
Bid
£
Quotations
1980
1981
1983
1982
1984
VO
PERCENT
10.0
:ent
<
4 ^
1
^4
m
'X
9.5
X
X
•
2
>
X
•
*
I»
9.0
CJ
O
H
>
H
t— I
>
8.5
X
'82
'84
'86
'88
'90
'92
'94
JO
o
z
CO
O
z
'96
'98
8.0
»
M
>
GO
Cl
W
*4
U)
7.5
M
O
C!
W
W
7.0
LEGEND
■ High coupon issues - 7 %
and higher
§
P
o
tr
Fixed maturity issues
• Callable issues - plotted to earliest call date
w h e n prices are above par and to maturity
6.5
6.5
date when prices are at par or below
2
*V/ %
ee
^1
exchange notes
+ Bills - coupon equivalent
6.0
6. 0
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
00
Note: The smooth curve is fitted by eye. Market yields on coupon issues due in less than 3 months are excluded.
82
Treasury Bulletin
________________________________ AVERAGE YIELDS OP LONG -TERM BONDS
Table AY-1. - Average Yields of Long-Term Treasury, Corporate and Municipal Bonds by Periods
Treasury
bonds 1/
Period
Aa new
corporate
bonds 2/
S. I. A.
new Aa
municipal
bonds 2/
S. I. A. j
Aa new
new Aa
I Treasury
corporate
municipal I bonds 1/
bonds 2/
bonds 2/ I
Monthly series - averages of daily or weekly series
Treasury
bonds 1/
1963
1966
S. I. A.
new Aa
municipal
bonds 2/
Treasury
bonds 1/
4 .0 0
2.98
3.00
2.95
3.00
3.00
3.10
4.43
4.61
4.63
4.55
4.57
4.63
4.93
5.09
5.33
5.38
5.55
5.67
3.65
3.63
3.65
3.45
3.60
3.70
5.74
5.86
6.05
5.84
5.85
6.05
7.29
7.33
7.76
7.54
7.62
8.04
4.75
4.80
5.10
5.13
5.20
5.60
5.62
5.67
5.66
5.74
5.64
5.59
4.01
3.99
4.04
4.07
4.11
4.14
4.34
4.34
4.40
4.37
4.42
4.49
3.08
3.00
3.10
3.10
3.20
3.15
4.75
4.80
4.79
4.70
4.74
4.65
5.81
6.04
6.14
6.04
6.11
5.98
3.80
4.10
3.93
3.85
3.90
3.80
6.07
6.02
6.32
6.27
6.52
6.81
8.06
8.05
8.36
5.60
5.90
6.05
5.90
6.05
6.65
5.59
5.59
5.70
5.69
5.51
5.63
4
/
4.15
4.14
4.18
4.20
4.16
4.13
4.50
4.39
4.45
4.48
4.48
4.50
3.08
3.05
3.15
3.18
3.15
3.20
4.40
4.47
4.45
4.51
4.76
4.86
5.53
5.35
5.55
5.59
5.90
6.06
3.40
3.50
3.50
3.55
3.83
3.90
6.86
6.44 5/
6.39
6.53
6.94
6.99
5.96
6.14
6.20
6.11
6.25
6.32
4
/
9.00
9.09
9.53
9.70
6.55
6.25
6.15
6.60
7.00
7.10
4.13
4.14
4.16
4.16
4.12 5/
4.14
4.44
4.44
4.49
4.49
4.48
4.49
3.10
3.10
3.15
3.15
3.12
3.10
4.86
4.95
4.99
5.19
5.44
5.36
6.06
6.30
6.33
6.53
6.87
6.93
3.90
3.85
4.00
4.10
4.30
4.35
6.57
6.75
6.63
6.59
6.24 5/
5.97
9.09
9.08
9.00
9.14
8.97
8.13
6.22
6.00
6.15
6.25
6.05
5.20
6.53
6.85
6.41
6.25
6.30
6.35
4
/
4.14
4.16
4.15
4.15
4.14 5/
4.14
4.45
4.45
4.49
4.48
4.52
4.57
3.00
3.08
3.10
3.05
3.10
3.20
5.18
5.16
5.39
5.28
5.40
5.23 5/
6.57
6.57
6.80
6.79
7.00
7.02
4.10
4.25
4.35
4.23
4.37
4.47
5.92
5.84
5.71
5.75
5.96
5.94
7.63
7.54
7.62
7.76
8.25
8.15
5.40
5.10
5.00
5.11
5.80
5.89
6.56
6.54
6.81
4.15
4.19
4.25
4.28
4.34
4.43
4.57
4.66
4.71
4.70
4.75
4.92
3.20
3.15
3.30
3.30
3.35
3.45
5.09
5.04
5.09
5.24
5.36
5.66
6.91
6.54
6.69
6.88
7.00
7.28
4.45
4.20
4.30
4.30
4.50
4.63
5.91
5.78
5.56
5.46
5.48
5.62
8.24
8.14
7.90
7.72
7.67
7.54
5.96
5.62
5.20
4.87
4.92
5.02
Treasury
bonds 1/
Aa new
corporate
bonds 2/
July............
Aug.............
Sept............
4
/
4
/
1964
Feb.............
May.............
July............
Aug.............
1965
Feb.............
Aug.............
Nov..............
8 .4 6
8.94
9.22
1967
1970
1968
S. I. A.
new Aa
municipal
bonds 2/
Period
Treasury
bonds 1/
Aa new
corporate
bonds 2/
/
8 .8 4
S. I. A.
new Aa
municipal
bonds 2/
S. I. A.
new Aa
municipal
bonds 2/
7.36
7.57
7.53
7.77
7.61
7.63
4.99
5.06
5.29
5.30
5.22
5.26
7.72
7.59
7.72
7.66.
7.46
7.50
5.28
5.19
5.26
5.09
4.94
4.97
1973
9.00
7.61
7.67
7.75
7.70
7.69
7.73
4.99
5.11
5.22
5.02
5.04
5.13
7.97
8.45
8.10
7.97
7.95
8.09
5.22
5.40
4.98
4.98
5.14
4.97
1974.
1971
4
Aa new
corporate
bonds 2/
1972
1969
4.22
4.25
4.28
4.35
4.36
4.32
3.89
3.92
3.93
3.97
3.97
Period
Aa new
corporate
bonds 2j
Period
8.32
8.21
8.60
5.19
5.25
5.42
Treasury
bonds 1/
Aa new
corporate
bonds 2/
S. I. A.
new Aa
municipal
bonds 2/
6.55
6.50
6.50
6.56
8.25
8.13
8.16
8.24
5.25
5.47
5.00
5.00
6.62
6.71
6.75
6.88
6.93
8.32
8.42
8.53
8.66
8.81
5.14
5.25
5.28
5.40
5.55
Weekly series - average for weeks ending -
Oct.
Nov.
1/
2/
1974:
1973:
1973:
5___
12___
19....
26___
6.26
6.19
6.26
6.28
7.75
7.82
7.99
8.15
5.14
4.70
4.90
4.90
2 ___
9....
16___
23....
30....
6.27
6.33
6.35
6.28
6.27
8.12
8.03
7.99
7.92
7.87
5.00
n.a.
5.15
5.21
4.98
Dec.
6 .4 8
7.96
8.12
8.10
8.17
5.02
4.94
5.00
n.a.
6.50
6.56
6.57
6.57
8.27
8.32
8.40
8.38
5.20
5.19
5.20
5.18
7....
14....
21___
28___
6.33
6.30
6.41
4..*.
11___
18___
25___
8
1974:
Jan.
Treasury bond yields are based on a composite of closing bid quotations in the over-the-counter market. Series includes bonds on which
the interest income is subject to normal tax and surtax which are
neither due not callable before 10 years. For bonds currently in
series, see Table MQ-3.
Treasury series based on reoffering yields of new corporate bonds with
5 years call protection and rated Aa by Moody's Investors Service.
Prior to June 1973, this series reflected bonds without call protection,
8 ....
29....
The value of 5 years call protection in that period ranged from 10 to
25 basis points.
Index of new issue reoffering yields on Aa 20 year general obligations
complied by Securities Industry Association. Weekly series are not
available prior to January 1970.
4/
One or more new long-term bonds added to the average.
j>/ An existing bond dropped from the average.
n.a.
Not available.
2/
AVERAGE YIELDS OF LONG-TERM TREASURY, CORPORATE AND MUNICIPAL BONDS
%
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
Monthly Averages
9.0
9.0
8.0
8.0
New Aa
Corporate Bonds
7.0
7.0
Treasury Bonds
6.0
6.0
5.0
5.0
S.!A. New Aa
Municipal Bonds
4.0
4.0
3.0
3.0
1964
1965
1966
1967
1968
1969
1970
1971
*Change in Aa compution methodeffective June 1973, See footnote 2 following table AY-1.
1972
1973
1974
84
Treasury Bulletin
P.Yf!HANCT. STABILIZATION PTTMT~>
Table ESF-1. - Balance Sheets as of June 30, 1973 and December 31, 1973p
------------------------------------------------------------------------------ 1
Assets, Liabilities, and Capital
June 30, 1973
September 30, 1973p
Assets
Cash:
Treasurer of the United States (includes Undeposited Collections)...
Federal Reserve Bank of New York, special account..................
Imprest fund.......................................................
$
6 6 0 ,0 5 6 . 3 0
267,860,367.00
3 ,0 0 0 . 0 0
$ 1,187,153.10
267,860,367.003 ,0 0 0 . 0 0
Total cash..................................... ....................
$ 268,523,423.30
4) C*\J7 y\Jy\)y
Special drawing rights.................................................
Special account of Secretary of the Treasury with Federal Reserve Bank
of New York - Gold....................................................
1,949,450,187.07
2,166,054,979.32
76,749,747.08
85,278,322.44
22,309.07
254,235.94
2,688,041.31
233,541.42
5,618.79
9,400.15
11,339.60
22,309.07
254,235.94
? y 7#^
/Aft j
IQ
'O Jy *fOO
jy
OOQ QK1 *57
2,934,101,273.61
2,868,720,830.25
on ,7D#
J£ .An
1uo ,7
/<+0
39,064,250.21
Foreign exchange due from foreign banks:
in
0J
LU
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.................................
9
5,618.79
9,400.15
11,339.61
Investments in:
U.S. Government securities.........................................
Foreign securities.................................................
Accounts receivable..................................... ...............
Furniture and equipment (includes automotive equipment)................
Less allowance for depreciation....................................
381,775.17
156,547.37
225,227.80
J\Jy non
VJVJU•nn
uu
oUU.UU
1 6 ,2 0 0 . 0 0
387,660.27
164,978.48
cn uuu.uu
non nn
17,100.00
1 0 0 ,0 0 0 . 0 0
222,681.79
32,900.00
1 0 0 ,0 0 0 . 0 0
5,253,116,893.74
5,431,850,807.43
Accounts payable........... .........................................
3,792,834.97
30,025,354.59
Special deposit accounts.................................. .............
3 ,0 0 0 ,0 0 0 . 0 0
Liabilities and Canital
Advance from U. S. Treasury (U. S. drawing on I.M. F. )..................
Special drawing rights certificates....................................
Deferred liability - Foreign Exchange Revaluation......................
Special drawing rights allocations............................. .
Capital account........................................................
1,712,000,000.00
400,000,000.00
47,604,610.03
.2,490,605,860.90
2,000,000,000.00
1,800,000,000.00
Net income (see Table ESF—2 ) ..... ......................................
Note:
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 Treasury
3,000,000.00
1,712,000,000.00
4 0 0 ,0 0 0 ,0 0 0 . 0 0
172,816,090.95
1/
p
200,000,000.00
2,767,338,843.93
2,000,,000,000.00
1,800,,000,000.00
200,000,000.00
265,902,106.92
271 881 AQ3
33
CfX^OOl^
70 «OO
5,253,116,893.74
5,431,850,807.43
Bulletin.
Excludes foreign exchange transactions for future and spot delivery,
Preliminary,
85
A pril 1974
EXCHANGE STABILIZATION FUND,
Table ESF-2. - Income and Expense
Classification
January 31, 1934 through
June 30, 1973 p
January 31, 1934 through
December 31, 1973 P
Income:
Profits on transactions in:
Gold and exchange (including profits from
handling charges on gold)............................................
$197,231,277.64DR
$231,305,047.78DR
Sale of silver to U. S. Treasury......................................
3,473,362.29
3,473,362.29
Silver................................................................
102,735.27
102,735.27
Investments...........................................................
1,325,207.14
1,325,207.14
Miscellaneous.........................................................
186,273.23
184,837.75
436,158,128.20
546,060,588.40
Interest on:
Investments...........................................................
Special drawing rights................................................
Foreign balances......................................................
Revaluation of SDR holdings and allocations.............................
Total income............................................................
16,275,210.76DR
179,517,437.61
42,077,997.83DR
20,972,638.36DR
179,601,403.52
102,206,188.61DR
365,178,657.51
376,264,259.62
Personnel compensation and benefits.....................................
71,336,749.23
75,232,905.65
Travel............... ...................................................
/ oto q^-3 on
4,761.355.84
Transportation of things................................................
4,182,339.28
4,187,736.31
Rent, communications, and utilities.....................................
2,232,805.92
2,343,312.68
Supplies and materials..................................................
580,952.12
595,660.41
Other...................................................................
16,656,355.14
17,310,217.83
Total...................................................................
99,338,165.56
104,431,188.72
Expense:
Prior Year Expense......................................................
(61,614.97)
265,902,106.92
p
Preliminary.
(48,427.98)
271,881,498.88
Treasury Bulletin
86
.INTERNATIONAL FINANCIAL STATISTICS
The tables in this section are designed to provide data
on United States reserve assets and liabilities and other
statistics related to the United States balance of payments
and international financial position. A number of changes
were introduced in the May 1967 and July 1972 issues of the
Bulletin to increase the usefulness of this section.
Table IFS-1 shows the reserve assets of the United States,
including its gold stock, special drawing rights held in the
Special Drawing Account in the International Monetary Fund,
holdings of convertible foreign currencies, and
reserve
position in the International Monetary Fund.
Table IFS-2 brings together statistics on liquid and
nonliquid liabilities to foreign official
institutions,
and liquid liabilities to all other foreigners, which are
used in the
United States balance-of-payments
statistics.
Table IFS-3 presents an area breakdown of United States
liquid and nonliquid liabilities to official institutions of
foreign countries.
Table IFS-4 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.
Table IFS-1. - U.S. Reserve Assets
(In millions of dollars)
Gold stock 1/
End of
calendar year
or month
1957...............................
1960...............................
1961...............................
1966...............................
1967...............................
1971...............................
1973-Mar...........................
Apr...........................
May...........................
June..........................
July..........................
Aug...........................
Sept..........................
Oct...........................
Nov...........................
Dec...........................
1974-Jan...........................
Feb...........................
Mar...........................
Total
reserve
assets
Total 2/
Treasury
24,832
22,540
21,504
19,359
18,753
17,220
16,843
16,672
15,450
14,882
14,830
15,710
16,964 7/
14,487
12,167 8/
13,151 2/
14,378 10/
22,857
20,582
19,507
17,804
16,947
16,057
15,596
15,471
13,806 6/
13,235
12,065
10,892
11,859
11,072
10,206
10,487 2/
11,652 i0/
22,781
20,534
19,456
17,767
16,889
15,978
15,513
15,388
13,733 6/
13,159
11,982
10,367
10,367
10,732
12,931
12,904
12,916
12,914
10,487
10,487
10,487
10,487
12,918
12,923
12,927
14,367 10/
14,373
14,378
10,487
10,487
10,487
11,652 10/
11,652
11,652
14,565
14,643
14,588
11,652
11,652
11,652
Includes gold sold to the United States by the International Monetary
Fund with the right of repurchase, and gold deposited by the Interna
tional Monetary Fund to mitigate the impact on the U.S. gold stock of
foreign purchases for the purpose of making gold subscriptions to the
Fund under quota increases. For corresponding liabilities see Table
IFS-2.
2/ Includes gold in Exchange Stabilization Fund, which is not included in
Treasuiy gold figures shown in daily Treasury statement. See "Account
of the U.S. Treasury," Table TUS-4.
2/ Includes initial allocation on January 1, 1970 of $867 million, second
allocation on January 1, 1971 of $717 million and third allocation on
January 1, 1972 of $710 million of special drawing rights (SDR) in the
Special Drawing Account in the International Monetary Fund, plus or
minus transactions in SDR.
y
Includes holdings of Treasuiy and Federal Reserve System.
3/ Hie United States has the right to purchase foreign currencies equiva
lent to its reserve position in the Fund automatically if needed.
Under appropriate conditions the United States could purchase addi
tional amounts equal to the United States quota. See Tab'll t f s -5.
6/ Reserve position includes, and gold stock excludes, $259 million gold
subscription to the Fund in June 1965 for a U.S. quota increase which
10 >132 Q/
10,410 2/
11,567 10/
1 0 ,4 1 0
1 0 ,4 1 0
1 0 ,4 1 0
1 0 ,4 1 0
10,410
Special
drawing
rights 2/
_
_
_
_
_
_
_
_
_
_
851
1,100
1,958 2/
2,166 10/
1)958
1,949
1,949
1,949
11,567 10/
11,567
11,567
1,949
1,949
1,949
2,166 10/
2,166
2,166
11-, 567
11,567
11,567
2,166
2,166
2,166
1 0 ,4 1 0
1 0 ,4 1 0
1/
7/
8/
9/
10/
Convertible
foreign
currencies
_
_
_
116
99
212
432
781
1,321
2,345
3,528
2,781 7/
629
276 8/
241
8
• ,8
\8 '
16 • '
8'
8
8
8
8
8
8
59
68
9
Reserve
position in
International
Monetary Fund j>/
1,975
1,958
1,997
1,555
1,690
1,064
1,035
769
863 6/
326
420
1,290
2,324
1,935
585
465. 2/
552 10/
478
460
464
470
474
479
483
5 a 10/
547
552
688
757
761
became effective on February 23, 1966. In figures published by the
Fund from June 1965 through January 1966, this gold subscription was
included in the U.S. gold stock and excluded from the reserve position.
Includes gain of $67 million resulting from revaluation of the German
mark in October 1969, of which $13 million represents gain on German
mark holdings at time of revaluation. See also footnotes 3 and 4,
Table IFS-4.
Includes $28 million increase in dollar value of foreign currencies
revalued to reflect market exchange rates as of December 31, 1971. See
also footnotes 3 and 6, Table IFS-4.
Total reserve assets include increase of $1,016 million resulting from
change in par value of the U.S. dollar in May 1972, consisting of
$828 million total gold stock, $822 million Treasury gold stock, $155
million special drawing rights and $33 million reserve position in
the International Monetaiy Fund.
Total reserve assets include increase of $1,436 million resulting
from change in par value of the dollar on October 18, 1973, consisting
of /$1,165 million total gold stock, $1,157 million Treasury gold
stock, $217 million special drawing rights, and $54 million reserve
position in the International Monetaiy Fund.
A pril 1974
87
IN T E R N A T IO N A L FIN AN CIAL STA TIST IC S
Table IFS-2. - U.S. Liquid and Other Liabilities to Foreign O fficial Institutions,
and Liquid Liabilities to All Other Foreigners
(In millions of dollars)
Liabilities to foreign countries
End of
calendar
year
or month
Liquid
liabil
ities
to IMF
arising
from
gold
trans
actions 1/
Total
200
200
Official institutions Z/
Liquid
Total
Short
term
liabil
ities
reported
by banks
in U.S.
Market
able
U.S.
Treasury
bonds
and
notes 2/
Non
market
able
convert
ible U.S.
Treasury
bonds
and
notes
Liquid
liabili
ties
to non
monetary
interna
Market
tional
able
and re
U.S.
gional
Gov't,
bonds
organi
and notes zations
8
y U
Liquid liabilities
to other foreigners
Other
readily
market- •
able
liabil
ities 4 /
Non
market
able
non
convert
ible U.S.
Treasury
bonds and
notes jjj/
Liquid
liabil
ities
to
banks £/
Total
Short
term
liabil
ities
reported
by banks
in U.S.
/
n.a.
n.a.
10,120
7,917
8,665
9,154
n.a.
n.a.
500
966
3,472
3,520
4,678
n.a.
n.a.
2,940
2,252
2,430
2,399
n.a.
541
1,047
Ir,190
20,994
21,027
800
800
11,078
11,088
10,212
10,212
866
4,818
876
4,818
2,773
2,780
2,230
2,230
543
550
1,525
1,541
1961 IQ/.
22,853
22,936
800
800
11,830
11,830
10.940
10.940
890
890
5,404
5,484
2,871
2,873
2,355
2,357
516
516
1.948
1.949
1962 IQ/....
24,268
24,268
800
800
12,948
12,914
11.997
11,963
751
751
200
200
5.346
5.346
3.013
3.013
2.565
2.565
488
448
2,161
2,195
1963 10/....
26,433
26,394
800
800
14,459
14,425
12.467
12.467
1,217
1,183
703
703
9
9.
63
63
5.817
5.817
3,397
3,387
3.046
3.046
351
341
1,960
1,965
1964 10/....
29,313
29,364
800
800
15,790
15.786
13,224
13,220
1.125
1.125
1.079
1.079
158
158
204
204
7,271
7,303
3,730
3,753
3,354
3,377
376
376
1.722
1.722
196 5
29,569
834
15,826
13,066
1,105
1,201
120
334
7,419
4,059
3,587
472
1,431
1966 ID/____
31,145
31,020
1,011
1,011
14,841
14,896
12,484
12,539
860
860
256
256
913
913
328
328
10,116
9,936
4.271
4.272
3.743
3.744
528
528
906
905
1967 10/____
35,819
35,667
1.033
1.033
18,201
18,194
14,034
14,027
908
908
711
711
1.807
1.807
741
741
11,209
11,085
4,685
4,678
4,127
4,120
558
558
691
677
1968 10/____
38,687
38,473
1,030
17,407
17,340
11,318
11,318
529
1,030
462
701
701
2.341
2.341
2,518
2,518
14.472
14.472
5,053
4,909
4.444
4.444
609
465
725
722
1969 10/____
45,755 H /
45,914
1.019
1.019
15,975 11/
15,998
11,054
11,077
346
346
55511/ 1.505
555
1.505
2.515 11/
2.515
23,638
23,645
4,464
4,589
3,939
4,064
525
525
659
663
1970 10/____
47,009
46,960.
566
566
23.786
23.775
19.333
19.333
306
429
429
695
695
3.023
3.023
17,137
17,169
4,676
4,604
4,029
4,039
647
565
844
295
1971 10/ 12/-
67,681
67,808
544
544
51,209
50,651
39,679
39.018
1.955
1.955
6,060
6,093
144
144
3,371
3,441
10,262
10,949
4,138
4,141
3,691
3,694
447
447
1,528
1,523
1,627
195 7
195 8
195 9
15,825
16,845
19,428
1960 IQ/....
197 2
1973
82,886
61,524
39.998
5,236
12,108
543
3,639
14,665
5,070
•4,645
425
.
66.775
43.899
5.686
12.319
1,661
3,210
17.643
6.151
5.721
430
2.003
87,856
90,886 12/
90,582 !&/
92,087
92,188
68,475
71,335
70,752
70,919
70.700
45,413
46,928
45,953
46,116
45,712
6,377
6,917
6.934
6.934
6.934
948
12,110
12,128 13i 1,745
1,989
12.245
1,996
12.245
12.245
2,004
3.627
3,617
3,631
3.628
3,805
12,679
12,769
12,851
14,058
14,356.
5,082
4,710
4,768
4,949
4,977
5,080
372
376
399
384
383
1,620
93,217
92,578
92,072
93,173
92,581
92.572
71,026
70,520
69.775
69.701
67,398
66.775
46,136
45,721
45,i72
45,211
43,789
43.899
6.934
6,906
6,914
6,929
6,207
2,006
2,019
2,015
2,009
1,849
1,661
3,705
3,555
3,355
15,311
15,076
15,026
15,953
5,363
5,450
5,652
3.234
3,210
17,256
5,699
5,917
17.643
6.151
4,989
5,115
5,305
5,325
5,507.
5.721
374
335
347
374
410
430
1,517
1,532
1,619
1,820
5.686
12.245
12.319
12.319
12.319
12.319
12.319
90,076
92,005
6 3 ,8 4 8
41,547
42.018
5,214
5,177
12,321
12,322
1,556
1,384
3,210
3,210
18,019
19,642
6,284
6,456
5,835
6.046
449
1,925
1,796
1974-Jan. p.
Feb. p.
2/
1/
y
1/
7/
846
92.572
July....
Aug....,
Sept...,
Oct.
Nov....
Dec
1/
lUT
.
1973-Fe b
Mar....
Apr....
May....
June...,
Note:
2/
2/
64,111
Table is based on Treasury Department data and on data reported to
the Treasury Department by banks and brokers in the United States.
Data correspond generally to statistics following in this section and
in the "Capital Movements" section, except for the exclusion of non
marketable, nonconvertible U.S. Treasury notes issued to foreign officaal nonreserve agencies and the inclusion of investments by foreign
official reserve agencies in debt securities of U.S. Federally-spon
sored agencies and U.S. corporations. Table excludes International
Monetary Fund "holdings of dollars,".and holdings of U.S. Treasury
letters of credit and nonnegotiable, noninterest-bearing special U.S.
notes held by other international and regional organizations.
Includes liability on gold deposited by the International Monetary Fund
to mitigate the impact on the U.S. gold stock of foreign purchases for
gold subscriptions to the Fund under quota increases, and U.S. Govern^
ment 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 income-earning assets.
Includes Bank for International Settlements and European Fund.
Derived by applying reported transactions to benchmark data; break
down of transactions by type of holder estimated 1960-1963.
Includes long-term liabilities reported by banks in the United States
and debt securities of U.S. Federally-sponsored agencies and U.S.
corporations.
14/
Excludes notes issued to foreign official nonreserve agencies.
Includes short-term liabilities payable in dollars to foreign banks,
and short-term liabilities payable in foreign currencies to foreign
banks and to "other foreigners."
Includes marketable U.S. Government bonds and notes held by foreign
banks
8/
9/
10/
11/
12/
13/
n.a.
3.233
5,144
5,3*8
5,361
5,463
410
1,638
1,631
1,749
1,669
2,010
2.003
Principally the International Bank for Reconstruction and Development,
the Inter-American Development Bank and the Asian Development Bank.
Includes total fpreign holdings of U.S. Government bonds and notes,
for which breakdown by type of holder is not available.
Data on the two lines shown for this date differ because of changes m
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.
Includes $101 million increase in. dollar value of foreign currency
liabilities resulting from revaluation of the German mark in October
1969, as follows: liquid $17 million; other $ 8 4 million.
Data on the second line differ from those on the first -line because
certain accounts previously classified as "official institutions" are
included with "banks"; a number of reporting banks are included in the
series for the first time; and foreign currency liabilities to official
institutions of foreign countries are increased in value to reflect
market exchange rates as of December 31, 1971, as follows: U.S.
Treasury certificates, $7 million; nonmarketable convertible U.S.
Treasury bonds and notes, $33 million; and nonmarketable nonconver
tible U.S. Treasury bonds and notes, $70 million.
Includes $15 million increase in dollar value of foreign currency
liabilities revalued to reflect market exchange rates.
Includes $147 million increase in dollar value of foreign currency
liabilities to official institutions of foreign countries revalued
to reflect market exchange rates, as follows: short-term liabilities
$15 million; nonmarketable convertible U.S. Treasury notes $113
million; nonmarketable nonconvertible U.S. Treasury notes $19 million.
Not available.
p
Preliminary.
88
Trearury Bulletin
INTERNATTrtN AT. FINANCIAL STATTSTTPg
Table IFS-3. - U.S. Liquid and Other Liabilities to Official Institutions
of Foreign Countries, by Area
(In millions of dollars)
Total
foreign
countries
Western
Europe
1/
14,425
8,508
1,789
1,058
2,740
154
176
15.786
9,325
1,812
1,283
3,028
160
178
196 5
15,826
8,826
1,702
1,550
3,309
194
245
1966 i/...
14,841
14,896
7.772
7.772
1.333
1.333
1,310
1,310
3,900
3,955
278
278
248
248
End of
calendar year
or month
196 3
196 4
196 7
.
Latin
American
Republics
Canada
Asia
Africa
Other
countries
2/
.
* 18,194
10,321
1,310
1,582
4,428
250
303
1968 2/...,
17,407
17,340
8,070
8,062
1,867
1,866
1.865
1.865
5,043
4,997
259
248
303
302
1969 2/...,
15,975 tj
15,998 4 /
7.074 4/
7.074 4/
1.624
1.624
1,888
1,911
4.552
4.552
546
546
291
291
1970 2/...,
23.786
t 23,775
13,620
13,615
2.951
2.951
1,681
1,681
4,713
4,708
407
407
414
413
1971 2/ £/,
51,209
50,651
30,010
30,134
3.980
3.980
1,414
1,429
14,519
13,823
415
415
871
870
197 2
61,524
•34,197
4,279
1,731
17,577
777
2,963
197...... 3
66,775
45,697
3,838
2,544
10,884
788
3,024
1973-Feb...
Mar...
Apr...
May...
June..
68,475
71,335
70,752
70,919
70.700
40,773
45,229 6/
45,608 7/
46,967
4,290
4,221
4,157
4,104
4,111
1,895
1,750
1,915
1,903
1,998
17,907
16,568
15,420
14,429
13,734
809
823
839
940
992
2,801
2,744
2,813
2.897
2.898
July..
Aug...
Sept..
Oct...
Nov...
Dec....
71,026
70,520
69.775
69.701
67,398
66.775
47,140
47,260
47,099
47,515
46^002
45,697
4,043
3,836
3,759
3,851
3^820
3,838
2,073
2,014
1,860
1,937
2'232
2,544
13,692
13,637
13,289
12,601
li; 474
10,884
928
738
769
735
785
788
3,150
3,035
2,999
3,062
3,085
3,024
63,848
43,262
42,411
3,930
4,254
2,446
2,743
10,479
10,878
838
1,000
2,893
2,825
.
1974-Jan.p
Feb.p.
64,111
46,646
Note:
Data represent short-term and long-term liabilities to the offi
cial institutions of foreign countries, as reported by banks in the
United States; foreign official holdings of marketable and nonmarketable U.S. Government securities with an original maturity of more
than one year except for nonmarketable notes issued to foreign official nonreserve agencies; and investments by foreign official reserve
agencies in debt securities of U.S. Federally-sponsored agencies and
U.S. corporations. The table does not include certain nonliquid
liabilities to foreign official institutions which enter into .the cal
culation of the official reserve transactions balance by the Depart
ment of Commerce.
Includes Bank for International Settlements and European Fund.
Includes countries in Oceania and Eastern Europe, and Western European
dependencies in Latin America.
1/ Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the first line are comparable in
4
/
5/
6/
7/
p
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
Includes $101 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"; a number of reporting banks are included in the
series for the first time; and U.S. Treasury liabilities payable in
foreign currencies to official institutions of foreign countries are
increased in value by $110 million to reflect market exchange rates
as of December 31, 1971.
Includes $15 million increase in dollar value of foreign currency
liabilities revalued to reflect market exchange rates.
Includes $147 million increase in dollar value of foreign currency
liabilities revalued to reflect market exchange rates.
Preliminary.
A pril 1974
89
■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..........................
1972..........................
*1973..........................
Total
Belgium
Total
163
354
484
353
516
1,692
1,431
1 4 ,2 1 0
15,870 6 /
16,015 1/
16,012
16,189
14,464
14,459
14,456
14,633
14,533
14,383
14,183
14,233
14,233
Dec......................
16,089
16,013
15,813
15,691
15,692
15,669
1974-Jan......................
Feb......................
Mar......................
15,671
15,672
15,680
1 4 ,2 1 0
July.....................
Oct......................
Denmark
Germany
Italy
Korea
1/
Sweden
Taiwan
Thailand
_
251
893
1,440
1,692
695
1,563
3,330
4/
3,563
9,657 5/
15,872
15,669
1973-Mar. 6 / ..................
Apr. 6 / ..................
May......................
June....... ..............
Canada
1/
3 ,1 8 1
2 ,4 8 0
7,829
14,333
1 4 ,2 1 0
-
_
_
125
329 .
299
144
314
1,334
1,129
2,289
_
32
32
32
32
2 ,6 4 0
-
20
2 ,8 4 0
-
-
2,540
-
20
2 ,8 4 0
20
2 ,8 4 0
20
_
-
2,840
2,840
_
2,540
2,540
2,540
1 4 ,2 1 0
_
1 4 ,2 1 0
—
_
_
_
_
_
_
_
_
-
20
-
_
_
-
2 ,8 4 0
2,690
2,490
2,540
2,540
2,540
_
_
~
13
_
160
184
_
_
15
15
15
15
15
-
\11
146
135
25
5 ,0 0 0
22
11,315
11,670
22
11,471
11,471
11,471
11,670
22
-
22
22
22
-
11,670
11,670
11,670
11,670
* 11,670
11,670
22
22
22
22
22
-
_
-
11,670
11,670
11,670
_
-
_
-
-
25
25
25
25
25
25
_
_
_
—
_
_
-
_
_
_
_
_
_
_
_
_
20
100
20
100
-
20
100
20
100
20
100
—
*“
10
100
5
2
-
100
100
100
_
_
_
-
_
-
_
_
_
_
_
_
-
-
-
Payable in foreign currencies
End of
calendar
year
or month
1962..........................
1963..........................
1964.... '.....................
1965..........................
1966..........................
1967..........................
1968..........................
1969..........................
1970..........................
1971..........................
1972..........................
1973..........................
1973-Mar. 6 / ..................
Apr. 6 / ..................
May......................
June.....................
July.....................
Aug......................
Nov................. .,....
Dec......................
1974-Jan......................
Feb......................
Mar......................
Total
251
730
1,086
1,208
342
1,047
1,638
1 ,7 5 0
Austria
y
1,461
1,462
1,470
-
_
30
30
30
30
60
_
_
_
-
-
-
-
-
-
-
275
679
602
50
601
1,051
1,084
542
612
306
-
_
1,407 tJ
1,556 j£/
1,556
1,556
1,556
1,631
1,631
1,458
1,459
1,459
-
50
50
101
25
50
50
-
1,083
1,827 5/
1,539
1,459
Germany
2/
Belgium
-
-
-
-
'
•
y
Italy
Switzerland
200
200
_
125
125
125
226
125
_
_
-
51
175
257
257
111
211
311
541
541
1,215
1,233
1,459
-
-
_
_
_
-
-
-
153
172
172
172
172
172
172
_
1,254
1,384
1,384
1,384
1,384
1,458
1,458
1,458
1,459
1,459
1,461
1,462
1,470
Bank for
International
Settlements
_
-
70
93
_
_
_
_
-
-
_
_
_
_
_
_
-
-
'
Note:
F<jr further information, see "Public Debt Operations," Tables
PDO-8 and 9.
1/ Includes bonds issued to the Government of Canada in connection with
transactions under the Columbia River treaty. Amo ants outstanding
were $204 million, September 1964 through October 1965; $175 million,
November 1965 through October 1966; $144 millipn, November 1966
through'October 1967; $114 million, November 1967 through October
1968; $ 8 4 million, November 1968 through September 1969; $54 million,
October 1969 through September 1970; and $24 million, October 1970
through October 1971.
2/ Notes issued to the Government of Italy in connection with military
purchases in the United States.
2J In addition, nonmarketable Treasury notes amounting to $125 million
equivalent were held lay a group of German commercial banks from June
1968 through November 1972. The dollar value of these notes was
increased by $10 million in October 1969, and by $18 million as of
December 31, 1971, See also footnotes 7 and 8, Table IFS-1. .
ij Includes an increase in dollar value of $ 8 4 million resulting from
revaluation of the German mark in October 1969. See also footnote 7,
Table IFS-1.
5/ Includes $106 million increase in dollar value of foreign currency
obligations revalued to reflect market exchange rates as of December
31, 1971. See also footnote 8, Table IFS-1.
A/ Includes $15 million increase in March and $145 million increase in
April in dollar value of foreign currency obligations revalued to
reflect market exchange rates.
90
Treasury Bulletin
IN TERN ATIO N AL FINANCIAL S T A T IS T IC S
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
Transactions by
other countries
with IMF
U.S. transactions with IMF
Calendar year
or month
1946-57..
195 8
195 9
196 0
1961....
196 2
196 3
196 4
196 5
196 6
196 7
1963....
196 9
197 0
197 1
197 2
197 3
Payments
of
subcriptions in
dollars
2,063
Net
gold
sales
by IMF
y
Trans
actions
in
foreign
curren
cies 2/
600
1,031
150
525
435
680
776
-84
1,155
541 U
75A7/
22
712 6/
150
1,362
200
IMF net
income
in
dollars
-45
-2
2
11
16
17
16
18
12
15
20
20
19
25
-28
-47
-33
Purchases
of
dollars 2/
-2,670
-252
-139
-149
-822
-110
-194
-282
-282
-159
-114
-806
-1,343
-854
-24
Repur
chases
in
dollars
827
271
442
580
521
719
207
5
268
741
40
Percent
of
U.S.
quota
U.S.
reserve
position
in IMF
at end of
period
4/
Total
change
Amount
775
17
1,336
442
-135
626
29
266
165
1,313
-94
-870
-1,034
1,929
1,350
694
721
775
792
2,128
2,570
2,435
3,061
3,090
3,356
3,521
4,834
4,740
3,870
2,836
4,765
6,115
6,810
7.531
28
29
52
62
59
74
75
81
85
94
92
75
55
71
91
94
93
1,975
1,958
1,997
1,555
1,690
1,064
1,035
769
863 5/
326
420
1,290
2,324
1,935
585
465
552
1973-Mar.
Apr.
May.
June
-5
18
-4
-6
-5
18
-4
-6
6,796
6,814
6,810
6,804
93
94
94
94
478
460
464
470
July
Aug.
Sept
Oct.
Nov.
Dec.
-4
-5
-4
-4
-5
-5
-4
-5
-4
750
-5
-5
6,800
6,795
6,791
7,541
7,536
7.531
93
93
93
93
93
93
474
479
483
541
547
552
-137
-69
-4
7,394
7,325
7,321
91
91
•91
688
757
761
1974-Jan.
Feb.,
Mar..
754 2/
-133
-4
-4
-4
Note:
The initial U.S. quota in the International Monetary Fund was
$2,750 million. The U.S. quota was increased to $4,125 million in
1959, $5,160 million in February 1966, and $6,700 million in December
1970, and revalued to $7,274 million in May 1972 and $8,083 million in
October 1973 as a result of changes in the par value of the dollar.
Under the Articles of Agreement, subscription payments equal to the
quota have been made 25 percent in gold and 75 percent in dollars.
1/ Represents net Fund sales of gold to acquire-U.S. dollars for use in
Fund operations. Does not include transactions in gold relating to
gold deposits or gold investment (see Table IFS-2).
2/ Positive figures represent purchases from the Fund of currencies of
other members for equivalent amounts of dollars; negative figures rep
resent repurchases of dollars, including dollars derived from charges
on purchases and from other net dollar Income of the Fund. The United
States has a commitment to repurchase within 3-5 years, but only to
the extent that the Fund's holdings of dollars exceed 75 percent of
the U.S. quota. Purchases of dollars by other countries reduce the
U.S. commitment to repurchase by an equivalent amount.
-65
3/
4/
5/
6/
7/
*
Beginning January 1970, includes dollars obtained by countries other
than the United States from sales of gold to the Fund.
Represents the United States gold tranche position in the Fund (the
United States quota minus the Fund1s holdings of dollars), which is the
amount that the United States could purchase in foreign currencies
automatically if needed. Under appropriate conditions, the United
States could purchase additional amounts equal to the United States
quota.
Includes $259 million gold subscription to the Fund in June 1965 for a
U.S. quota increase which became effective on February 23, 1966. In
figures published by the Fund from June 1965 through January 1966, this
gold subscription was included in the U.S. gold stock and excluded
from the reserve position.
Includes $30 million of special drawing rights.
Represents amount payable in dollars to the Fund to maintain the va?u*»
of Fund holdings of U.S. dollars.
Less than $500,000.
April 1974
91
________________ INTERNATIONAL FINANCIAL STATISTICS_________________
Table IFS-6. - U.S. Net Monetary Gold Transactions with Foreign Countries
and International and Regional Organizations
(In millions of dollars)
l/
1972
Calendar year
Area and country
1969
1970 2/
1971
1972
-2
-129
-10
-50
51
-50
1
-110
-473
-25
-175
12
1973
1973
Oct. Dec.
Jan. Mar.
-
-
-
-
Apr. June
July Sept.
Oct. Dec.
-v
-
-
-
-
_
_
-
-
_
_
_
_
We?iern_EuroEe:
Denmfl-Hc,,t,tttrttTtrrrtrTtTT-tT-Trrr-Trrrt.r
Germany....................................
Greece.....................................
Italy......................................
Netherlands................................
Turkey.....................................
United Kingdom.............................
Bank for International Settlements.........
Other......................................
4
25
325
500
-1
-76
-25
-18
200
36
-
-
-15
-25
-
-796
.
-
-
Total Western Europe.......................
969
-204
Canada.......................................
_
_
-25
*
-12
-18
-28
-23
-1
-25
-13
-42
-4
-1
-
-
-
-
-
-
-
-
-
-
-
-
-
-54
-131
-5
-
-
-
-
-
-
-
42
-119
-95
-38
-3
-
-
-
-
-
-
42
-213
-38
-3
■
-
-
-
-
-
-9
-70
-4
9
-11
-2
957
-631
-845
-3
-
-
-
-
_
-
10
-156
-22
-544
-
-
-
-
-
-
-867
-547
-
-
-
-
-
-
Latin American Remblics:
Argentina........... ......................
Mexico.....................................
Venezuela..................................
Total Latin American Republics.............
_
Asia:
Total Asia.................................
Africa:
Other countries:
Total foreign countries......................
International and regional organizations ^/...
967
-787 2/
1/ At $35 per fine troy ounce through May 8, 1972; at $38 from May 9, 1972
through October 18, 1973; and at $42.2222 thereafter. Negative figures
represent net sales by the United States; positive figures, net
acquisitions.
2/ Includesin 1970 total (Oct.-Dec.1970) the U.S. payment of $385 million
increase in its gold subscription to the IMF and gold sold by the IMF
to the United States in mitigation of U.S. sales to other countries
making gold payments to the IMF. The country data include, for the
same period, gold sales by the United States to various countries in
connection with IMF quota payments. Such sales to countries and resales
by the IMF totaled $548 million each.
j/ Includes International Monetaiy Fund gold sales to and purchase
from the United States, ~old deposits by the IMF (see Table IFS-2,
footnote 1) and withdrawal of deposits. The first withdrawal,
amounting to $17 million, was in June 1968.
* Less than $500,000.
92
Treasury Bulletin
CAPITAL MOVEMENTS
Background
Data relating to capital movements between the United
States and foreign countries have been collected since 1935,
pursuant to Executive Order 6560 of January 15, 193^, Execu
tive Order 10033 o f February 8, 19^9> and Treasury regulations
promulgated thereunder. Statistics on the principal types
of data and the principal countries axe published monthly
in the "Treasury Bulletin." Reports axe filed with the Fed
eral Reserve Banks by banks, securities brokers and dealers,
and nonbanking concerns in the United States. These statis
tics are then consolidated, and are published by the Treasury
as promptly as possible.
The report forms and instructions used in the collection
of the statistics have been revised a number of times. The
most recent general revision of the report forms became effec
tive with reports as of May 31> 19^3. 1/
The present form of the published presentation of the
"Capital Movements" 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 reported by banks to show more detailed breakdowns
fcy type o f 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 \,x- Treasury reports
covers all institutions and individua l"? '_iciled outside
the United States, including United StL^'
citizens domi
ciled abroad, and the foreign branches, V* l-iidiaries and
offices of United States banks and business concerns; the
central governments, central banks and other official in
stitutions of foreign countries, wherever located; and inter
national and regional organizations, wherever located. The
term "foreigner" also includes persons in the United States
to the extent that they axe known by reporting institutions
to be acting on behalf of foreigners.
In general, data axe reported opposite the foreign coun
try or geographical axea in which the foreigner is domiciled,
as shown on the records of reporting institutions. For a
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 axe reported generally in the Treasury
statistics as liabilities to foreign banks, whereas the li
ability of the foreign bank receiving the deposit may be to
foreign official institutions or residents of another country.
Data pertaining to branches or agencies of foreign offi
cial institutions are reported opposite the country to which
the official institution belongs. Data pertaining to inter
national. and regional organizations are reported opposite
the appropriate international or regional, classification
except for the Bank for International Settlements and the
European Fund, which are included in the classification "Other
Western Europe."
"Short-term" refers to obligations payable on demand
or having an original maturity of one year or less. "Long
term" refers to obligations having an original maturity of
more than one yeax, and includes securities having no con
tractual maturity.
Reporting coverage
Reports axe required from banks, securities brokers and
dealers, and nonbanking concerns in the United States, in
cluding the branches, agencies, subsidiaries, and other af
filiates in the United States of foreign firms. Institutions
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, in
cluding the current report date, are exempt from 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 short
term dollar liabilities to foreigners in countries not shown
separately on the monthly report of liabilities. Banks,
securities brokers and dealers, and in some instances, non
banking concerns, report monthly their transactions in secur
ities with foreigners; the applicable exemption level is
$100,000.
Quarterly reports cure filed by exporters, importers, in
dustrial and conmercial concerns, financial institutions
other than banks and brokers, and other nonbanking firms if
their liabilities or claims axe $500,000 or more. Such firms
also report the liquid portion of their claims for each monthend when they have reportable claims of $1 millioii or more.
The foreign credit and debit balances of securities brokers
and dealers axe reported quarterly; the exemption level ap
plicable 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 statis
tical 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
to foreigners reported by banks in the United States. The
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
operations of the Fund. (Liabilities representing the "gold
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.
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 for
eign currencies held by U.S. monetary authorities.
Sections III *and IV show respectively the liabilities
A pril 1974
9
3
CAPITAL MOVEMENTS
to, and claims on, foreigners reported by exporters, impor
ters, industrial and commercial firms,financial institutions
other than banks and brokers, and other nonbanking concerns
in the United States. The data exclude the intercompany ac
counts of business enterprises in the United States with
their own branches and subsidiaries abroad or with their for
eign parent companies. (Such transactions are reported by
business firms to the Department of Connerce on its direct
investment forms.) The data also exclude claims held through
United States banks. Separate figures axe shown in Section
IV for the short-term liquid claims of large noribanking con
cerns in the United States.
Section V contains data on transactions in all 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 non
marketable U.S. Treasury bonds and notes, foreign currency
series, which axe shown in "International Financial Statis
tics” section, Table IFS-^). The data cover new issues of
securities, transactions in outstanding issues, and redemp
tions of securities. They include transactions executed in
the United States for the account of foreigners, and trans
actions executed abroad for the account of reporting insti
tutions and their domestic customers. The data include some
transactions which are classified as direct investments in
the balance of payments accounts. The data exclude securi
ties issued abroad by foreign subsidiaries of U.S. corpora
tions, some of which are treated in the balance of payments
as issues of U*S. corporations.
l/
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 out
standing 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 VI 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 for
eigners 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 subsidiar
ies 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 Commerce 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 Statistical Reports, Ol
Affairs, Department of the Treasury, Washington, D. C. 20220 or from Federal Reserve Banks.
‘
*’■*
Assistant Secretary for International
Treasury Bulletin
94
.CAPITAL MOVEMENTS.
Section I - Liabilities to Foreigners Reported by Banks in the United Spates
Table CM-I-1. - Short-Term Liabilities by Type of Foreign Holder
(In millions of dollars)
Foreign countries
End of
calendar year
or month
Total
short
term
liabili
ties
International and regional
Banks and other foreigners
Official institutions 1/
Payable in dollars
Payable
in
dollars
Total
Total
Payable
in
foreign
currencies
Total
Banks
Other
foreigners
Payable
in
foreign
currencies
Total
IMF
gold
invest
ment- 2/
Non
monetary
interna
tional and
regional
2/
1957............
14,383
13,641
7,917
7,917
-
5,724
3,413
2,252
59
742
200
542
1958............
15,367
14,615
8,665
8,665
-
5,950
3,460
2,430
59
752
200
552
1959............
17,261
16,231
9,154
9,154
-
7,076
4,601
2,398
77
1,031
500
531
I960............
18,701
17,260
10,212
10,212
-
7,047
4,705
2,230
113
1,442
691 U
751
1961 5/.........
f 20,015
1 20,098
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 U
613 U
704
704
1962 2/ .........
C 21,958
I 21,958
19,907
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
800
800
1963............
22,877
21,330
12,467
12,437
30
8,863
5,713
3,046
104
1,547
739 U
808
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
1,250
1,284
f 25,467t 25,518
23,849
23”,900
1965............
25,551
24,072
13,066
13,066
-
11,006
7,360
.3,587
59
1,479
800
679
1966 5/.........
f 27,724
< 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
93
72
1,381
1,381
800
800
581
581
1967 2/ .........
f 30,657
^30,505
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
800
487
473
1968............
31,717
30,234
11,318 .
10,855
463
18,916
14,298
4,444 .
173
1,483 .
800
683
f 40,040
38,631
38,786
11,054
11,077
10,851
10,874
202
202
27,577
27,709
23,412
23,419
3,939
4,064
226
226
1,409
1,413
800
800
609
613
40,499
40,541
19,333
19,333
19,184
19,185
148
148
21,166
21,207
16,917
16,949
4,029
4,038
220
220
1,221
1,221
400
^41,761-
821
821
f 55,404
\ 55,428
53,632
53,661
39,679
39,018
158
165 2/
10,034
13,954
14,643 6/ 10,721 6/
3,692
3,694
228
228
1,772
1,767
400
1964 5/.........
1969 1/ .........
1970 $/ .........
1971 2/ £/......
( 40,199
f 41,719
6/
39,521
38,854
-
6/
400
400
1,372
1,367
r2 ..........
60,722
59,30?
39,998
39,327
171
19,310
1,413
-
1,417
69,219
67,263
43,899
43,772
127
23,3c4
14,340
17,174
4,645
73 ..........
5,721
4 u-/
1,955
-
1,955
_/-sb............
:.!ar........
Apr........
May........
June.......
64,220
65,891
65,182
66,731
66,717
62,802
64,465
63,753
65,151
65,148
45,413
46,928
45,953
46,116
45,712
45,242
46,757
45,766
45,930
45,525
172
172
187 8/
187
187
17,388
17,537
17,800
19,035
19,437
12,337
12,393
12,453
13,673
13,899
4,71C
4,767
4,949
4,977
5,081
341
376
398
385
457
1,418
1,426
1,429
1,579
1,569
July.......
Aug........
Sept.......
Oct........
Nov........
67,924
67,398
67,056
68,256
68,514
69,219
66,436
65,912
65,503
66,489
66,552
67,263
46,136
45,721
45,172
45,211
43,789
43,899
45,947
45,593
45,045
45,084
43,662
43,772
189
127
127
127
127
127
20,300
20,191
20,331
21,27*:
22,762
23,364
14,893
14,593
14,493
15,503
418
483
533
449
495
469
1,488
1,487
1,552
1,767
1,962
1,955
_
17,174
4,989
5,115
5,305
5,325
5,506
5,721
67,257
69,402
65,401
67,706
41,547
42,018
4 1 ,4 2 0
127
127
23,854
25,688
17,539
19,001
5,835
6,046
480
641
1,855
1,696
_
1974-Jan. p .....
Feb. p .....
41,891
1 6 ,7 6 1
_
_
_
_
-
1,418
1,426
1,429
1,579
1,569
1,488
1,487
1,552
1,767
1,962
1,955
1,855
1,696'
'
2/
2/
4/
3/
Short-term'U.S. Government obligations at cost value and funds await
ing investment obtained from proceeds of sales of gold by the Interna
tional Monetary Fund to the United States to acquire income-earning
assets. Upon termination of investment, the same quantity of gold
was reacquired by the International Monetaiy Fund.
Principally the International Bank for Reconstruction and Development
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 investments in U.S.*Govern
ment bonds and notes which amounted to $109 million at end I960, $187
million at end 1961, and $61 million at end 1963.
Data on the two lines shown for this date differ because of changes
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
6/ 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.
7/ Second line includes $7 million increase in dollar value of forplpn
currency obligations revalued to reflect market exchange rat~.- r>.' 'r
Dec. 31, 1971.
8/, Includes $15 million increase in dollar value of foreign currency
liabilities revalued to reflect market exchange rates,
p
Preliminary.
•
April 1974
95
.CAPITAL MOVEMENTS.
Section I - Liabilities to Foreigners Reported by Banks in the Uni.ted States
Table CM-I-2. - Short-Term Liabilities by Type of Liability
Part A - Foreign Countries
___________________________________ (In millions of dollars)________________________________________
Official institutions 1/
Banks and other foreigners
Payable in dollars
End of
calendar
year
)r month
Total
foreign
coun
tries
Payable in dollars
Deposits
Demand
Time
l!
U.S.
Treasury
bills and
certifi
cates
Other
short
term
liabili
ties z/
Payable
in
foreign
cur
rencies
Banks
Deposits
Time
Demand
Other foreigners
Other
U.S.
Treasury short
bills and term
certifi liabili
ties 2/
cates
2/
Deposits
Demand
Time
2/
U.S.
Treasury
bills and
certifi
cates
Other
short
term
liabili
ties 2/
Payable
in
foreign
cur
rencies
3,059
4,246
612
2,737
158
518
1,766
278
209
3,511
4,392
762
3,017
131
312
1,951
306
17-4
59
2,834
5,738
582
3,369
492
740
1,833
295
270
77
59
3,038
6,193
982
4,210
76
419
1,849
148
233
113
18,699
18,781
3.389
3.389
6,412
6,412
1,092
1,092
46
46
4,854
4,917
43
43
402
420
1.976
1.977
149
149
230
230
104
104
(19,908
\19,874
3,261
3,234
7.759
7.759
928
922
48
48
4.678
4.678
83
83
490
490
2.096
2.096
116
116
352
352
95
95
30
21,330
1,402
2,451
7,548
1,036
4,102
838
68
704
1,493
966
119
469
104
23,849
23,900
1.591
1.591
2,820
2,816
7.554
7.554
1.259
1.259
5,006
5,027
967
967
142
142
1,039
1,077
1,523
1,531
1,257
1,271
72
72
502
503
118
24,072
1,535
2,862
7,186
1,483
4.941
900
113
1,406
1,574
1,594
87
332
59
26,343
26,219
1.679
1.679
2,612
2,668
6.316
6.316
1,361
1,360
517
517
6,795
6,636
1,249
1,243
137
137
1,842
1,848
1.513
1.513
1.819
1.819
83
83
329
329
93
72
129,370
129,232
2.054
2.054
2,462
7.985
7.985
1,380
1,378
152
152
7,933
7,763
1.142
1.142
129
129
1,927
1,973
1.693
1.693
2,052
2,054
81
81
302
292
77
77
30,234
2,149
1,899
5,486
1,321
463
10,374
1,273
30
2,621
1,797
2,199
86
362.
173
38.631
38,786
1,918
1,930
2,951
2,942
3.844
3.844
2,139
2,158
202
202
16,745
16,756
1,988
1,999
20
1,709
1,711
1,811
20
4,658
4,644
1,935
107
107
312
312
226
226
40,499
40,541
1.652
1.652
2.554
2.554
13.367
03.367
1,612
1,612
148
148
12,376
12,385
1,326
1,354
14
14
3,202
3,197
1,688
1,688
1,886
-1,895
131
131
325
325
220
53.632
53,661
1,620
2,504
32.311
1,327 4/ 2,0394^ 32.311
3,086
3,177
158
2,130
6,995
1,660
1,660
1,663
1,666
96
274
271
228
228
59,308
2,880
3,911
31,453
31,491
3,905
6,245
2,145
2,486
65
68
481
67,263
1,589
2,124
936
325
469
1973-Feb..
Mar..
Apr..
May..
June.
62,802
64,465
63,753
65,151
65,148
1,756
1,543
1,714
1,719
1,940
2,841
2,837
2,920
2,949
3,124
36,147
37,620
36,137
35,736
34,684
July.
Aug..
Sept.
Oct..
Nov..
Dec..
66,436
65,912
65,503
66,489
66,552
67,263
1,934
1,575
1,631
1,810
2,034
2,124
3,192
3,355
65,401
67,706
2,378
2,412
1974-Jan. p
Feb. p
2/
i/
k/
2,458
7,047
3, 3 9 9 V
850
320 U
171
127
4,659
6.941
405 '
512
4,497
4,757
4,996
5,525
5,777
172
172
187 £/
187
187
4,084
4,145
4,336
4,646
5,054
371
331
312
319
258
3,846
3,802
3,911
34,360
34,118
33,554
32,613
31,529
31,491
6,461
6,545
6,634
6,815
6,298
6,245
189
127
127
127
127
127
4,958
4,807
5,071
5,251
5,735
6,941
321
353
430
473
¥>9
8
512
3,712
3,700
29,152
29,917
6,177
5,861
127
127
6,330
6,857
620
520
3,226
165
y
Includes Bank for International Settlements and European Fund,
lime deposits exclude negotiable time certificates of deposit, which
are included in "Other short-term, liabilities."
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.
Data on the second line differ from those on the first line because
those liabilities of U.S. banks to their foreign branches and those
liabilities of U.S. agencies and branches of foreign banks to their
head offices and foreign branches which were previously reported as
5/
6/
~
90
220
5
9,270
1,954
11
9,710
2,232
5
5
7
7,877
7,912
7,799
8,701
8,578
1,813
1,805
1,951
1,859
1,965
2,240
2.312
2.312
2,329
2,314
83
63
75
73
70
573
588
611
716
732
341
376
398
385
457
11
9,606
9,423
8,983
9,772
10,549
9,710
1,890
1,876
1,972
1,977
2,007
2,232
2,250
2,311
2,374
2,359
2,517
2,486
72
68
77
76
67
68
776
861
881
912
915
936
418
483
533
449
495
469
14
32
10,576
11,592
2,020
2,131
2,719
2,775
91
93
1,005
1,047
480
8
8
8
10
8
7
641
deposits are included in "Other short-term liabilities": certain
accounts previously classified.as "official institutions" are included
with "banks"; and a number of reporting banks are included in the
series for the fir3t time.
Second line includes $7 million increase in dollar value of foreign
currency obligations revalued to reflect market exchange rates as of
December 31, 1971.
Includes $15 million increase in dollar value of foreign currency
liabilities revalued to reflect market exchange rates,
p Preliminary.
96
Treasury Bulletin
CAPITAL MOVEMENTS
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-1-2. - Short-Term Liabilities by Type of Liability - (Continued)
Part B - International and Regional Organizations
(In millions of dollars)
Nonmonetary international and regional organizations 2/
End of
calendar year
or month
Total
international
and regional
IMF gold
investment:
U.S. Treasury
bills and
certificates 1/
Deposits
Time 2/
Demand
200
200
U.S. Treasury
bills and
certificates
Other
short-term
liabilities 2/
50
490
2
209
343
*
76
449
6
219
532
*
1957.............................
742
1958.............................
752
1959.............................
1,031
500
I960..................... '.......
1,442
691 L/
1,317
613 A/
354
294
55
800
800
540
568
572
572
138
145
138
1961.............................
1962
*>/
f 2,050
^ 2,084
1963.............................
1,547
739 U
70
384
215
1964.............................
1,618
800
66
207
231
314
1965.............................
1,479
800
42
200
170
266
1,381
800
56
139
212
173
f 1,287
67
*67
124
120
178
178
118
107
1966.............................
1QA7 ^/
\ 1,273
800
800
1968.............................
1,483
800
68
113
1969.............................
1,413
800
62
83
1,221
400
400
400
69
159
1,772
( 1,767
73
73
192
192
1,413
1,955
-
86
101
202
86
1,418
1,426
-
1970.............................
1Q 71
5
/
1972.............................
1973............ .................
1973-Feb.........................
Mar.........................
July........................
Aug.........................
Sept........................
Oct..,......................
Nov.........................
11974-Jan. .p......................
l/
2/
f
-
-
1,488
_
1,487
1,552
1,767
1,962
1,955
-
1,855
1,696
108
224
211
211
211
326
381
296
1,471
144
134
287
260
112
221
119
134
148
169
854
918
976
1,172
206
178
80
70
73
116
118
99
93
97
101
86
116
61
62
173
373
296
95
77
94
69
232
133
114
119
141
155
-
1,429
1,579
1,569
394
244
-
-
_
-
Short-term U.S. Government obligations at cost value, and deposits
awaiting investment (less than $500,000 on all dates shown), obtained
from proceeds of sales of gold by the International Monetary Fund to
the United States to acquire income-earning assets. Upon termination
of investment, the same quantity of gold was reaquired by the In
ternational Monetary Fund.
Principally the International Bank for Reconstruction and Development
and the Inter-American Development Bank; excludes Bank for Interna
tional Settlements and European Fund. Includes difference between
cost value and face value of securities in IMF gold investment account
($14 million at end 1971).
2/
y
5/
*
.
•
286
896
892
800
1,110
1,049
1,129
1,311
1,430
1,420
1,471
1,380
1,317
Time deposits exclude negotiable time certificates of deposit, which
are included in "Other short-term liabilities."
In addition, IMF gold investment included investments in U.S. Gov
ernment 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 changfes
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.
Less than $500,000.
p Preliminary.
A pril 1974
97
______________________ CAPITAL MOVEMENTS_______________________
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-3. - Short-Term Liabilities by Country
(Position at end of period in millions of dollars)
Calendar year
1974
1973
Country
1972
1971 3 /
Europe:
Austria................. .
Belgium-Luxembourg.............
Denmark........................
Finland........................
France.........................
Germany........................
Sept.
1973
Oct.
Nov.
Dec.
Jan. p
Feb.p
210
1,593
527
178
3,241
12,307
262
1,196
2,522
961
482
264
1,975
3,281
221
6,439
78
3,097
26
92
279
1,660
456
160
2,967
12,357
238
1,119
2,502
962
486
304
1,973
3,510
146
6,184
94
3,009
20
95
Other Eastern Europe...........
254
701
168
160
3,150
6,596
170
1,888
271
685
303
203
791
3,248
68
7,374
34
1,369
14
53
254
701
168
160
3,150
6,596
170
1,887
270
685
303
203
792
3,249
68
7,379
34
1,391
14
53
272
1,092
284
163
4,441
5,346
238
1,338
1,468
978
416
256
1,184
2,857
97
5,011
117
1,483
11
81
161
1.483
659
165
3.483
13,227
389
1,384
2,886
965
534
305
1,885
3,374
102
6,148
86
3,352
22
110
292
1,377
409
145
5,296
13,236
215
1,140
2,022
1,024
459
259
1,835
3,309
72
5,593
58
3,099
16
114
204
1,410
470
135
4,143
14,180
280
1,095
2,534
999
467
284
1,787
3,316
83
6,416
61
3,427
40
96
166
1,462
527
136
3,415
14,227
236
1,224
2,366
980
470
319
1,807
3,081
75
6,482
76
2,926
20
101
161
1.483
659
165
3.483
13,227
389
1,384
2,886
965
534
305
1,885
3,374
102
6,148
86
3,352
22
110
Total Europe...................
27,503
27,529
27,134
40,721
30,970
41,425
40,597
40,721
38,953
38,521
3,862
Italy..........................
Netherlands....................
Norway.........................
Portugal........................
Spain..........................
Sweden.........................
Switzerland....................
Turkey.........................
United Kingdom.................
Yugoslavia.....................
Other Western Europe...........
Canada...........................
Latin America:
Argentina......................
Bahamas 2/.....................
Brazil.........................
Chile..........................
3,441
3,441
3,862
‘
3,721
3,812
3,967
4.158
4,431
781r
456
745
137
207
7
1,029
231
152
115
1,130
742
70
532
766
806
816
142
221
6
1,132
282
124
112
1,420
769
63
556
914
824
860
157
247
7
1,284
279
135
120
1,468
880
71
361
847
593
819
178
219
7
1,323
281
144
120
1,460
947
70
470
895
1,011
961
174
238
8
1,343
326
154
115
1,636
1,028
61
790
631
540'
605
137
210
6
831
167
225
140
1,078
860
86
44
914
824
860
157
247
7
1,284
279
135
120
1,468
880
71
361
889
592
700
127
167
7
1,044
204
178
114
941
791
65
403
4,708
5,560
7,608
6,283
6,334r
7,215
7,608
7,476
8,741
39
258
312
89
63
150
14,294
201
304
126
595
39
2.58
312
89
63
150
14,295
196
306
126
595
39
675
318
98
108
177
15,843
192
438
171
1,071
38
757
372
85
133
327
6,954
195
515
247
1,202
40
802
349
99
254
173
7,680
213
482
143
1,165
37
779
363
105
169
279
7,061
198
479
163
1,139
40
764
383
71
160
330
6,726
210
497
180
1,138
38
757
372
85
133
327
6,954
195
515
247
1,202
38
735
389
152
186
337
6,418
222
570
336
1,306
39
715
416
183
175
311
7,440
204
604
471
1,196
441
656
342
191
188
6
709
154
164
108
963
656
87
36
441
656
342
191
188
6
715
154
164
108
963
655
87
37
Total Latin America............
4,702
Asia:
China, People's Republic of
(China Mainland)..............
China, Republic of (Taiwan)....
Hong Kong......................
India..........................
Indonesia......................
Israel.........................
Japan..........................
Korea..........................
Philippines....................
Thailand.......................
Other Asia.....................
Cuba...........................
Mexico.........................
Panama.........................
Peru...........................
Uruguay........................
Venezuela......................
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America............
3,467
'
Total Asia.....................
16,432
__16^4^
19,131
10,826
11,401
10,771
10,500
10,826
10,690
11,752
Africa:
Egypt..........................
Morocco........................
South Africa...................
Zaire..........................
Other Africa...... .............
24
9
78
1C
474
24
9
78
12
474
24
12
115
21
768
35
11
114
87
808
34
10
103
26
747
63
14
109
24
824
35
11
114
87
808
72
12
101
42
837
72
12
119
30
1,044
Total Africa...................
597
597
939
1,056
34
11
132
19
765
961.
919
1,056
1,064
1,277
Other countries:
Australia......................
All other......................
916
42
916
42
3,027
51
3,131
59
3,106
61
3,169
59
3,131
59
2,986
’ 74
2,917
66
1,034
3,133
55
Total other countries..........
957
957
3,077
3,190
3,168
3^228
3.238
3.190
; 3,059
2,984
Total foreign countries..........
53.632
53,661
59,308
67,263
65,503
66,489
66.552
67*262.
1 6 5,401
67,706
International and regional:
International.................
European regional.............
Latin American regional.......
Asian regional................
African regional..............
1,332
8
298
129
5
1,327
8
298
129
5
1,628
7
271
50
*
1,183
7
298
63
*
1,402
9
299
57
1,610
11
290
51
1,628
7
271
50
1^552
1,767
67,056
68,256r
Total international and regional
Qrand tota3 .....................
1/
951.
10
307
.142.
4
1,772
1,767
1,413
1.955
55,404
55,428
60,722 '
69,218
Data ir the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
1
1
2/
*
*
__ 1,962—
1,955
68,514
69,218
1,537
6
256
55
3
1,404
14
228
49
•*
^ 67,257
.69,402
1,696
column are comparable to those shown for the following date,
Through December 31, 1972, Bermuda include'd with Bahamas,
Less than $500,000.
p
Preliminary.
98
Treasury Bulletin
________________________ 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 28, 1974
Preliminary
(Position in millions of dollars)
Short-term liabilities payable in dollars
To foreign banks and official institutions
Country
Total
short
term
liabilities
Total
Deposits 1/
U.S.
Treasury
bills and
certif
icates
Other 1/
To all other foreigners
Total
U.S.
Treasury
Deposits 1/ bills and
certif
icates
Other 1/
Short-term
liabilities
payable
in
foreign
currencies
Europe:
Other Eastern Itorope.............
279
1,660
456
160
2,967
12,357
238
1,119
2,502
962
486
304
1,973
3,510
146
6,184
94
3,009
20
95
271
1,589
442
147
2,864
12,259
206
1,042
2,403
906
463
217
1,956
3,110
141
5,502
90
2,967
19
91
59
209
98
77
330
753
142
428
549
209
424
193
280
737
140
1,032
73
411
13
76
146
676
317
7
1,885
11,201
20
280
1,641
319
19
1,624
1,119
2,329
5
5
*
67
704
27
64
648
305
44
335
213
378
20
24
52
1,254
1
2,141
11
2,551
6
15
7
56
13
• 12
70
80
32
63
49
54
21
81
13
219
5
583
4
42
1
4
7
42
11
12
63
71
32
45
30
51
19
75
11
131
5
164
3
34
1
4
*
10
*
3
*
*
2
16
*
*
*
15
*
12
*
-
*
4
2
■*
3
9
*
16
4
3
1
5
1
73
*
406
*
8
*
1
15
1
*
34
19
*
14
49
2
3
6
3
182
99
*
*
-
Total Europe.....................
38,521
36,686
6,233
21,593
8,860
1,407
811
60
536
428
Canada.............................
4,431
3,605
418
905
*2,282
589
509
14
66
237
895
1,011
961
174
238
8
1,343
326
154
115
1,636
1,028
61
790
514
913
818
61
95
3
426
91
95
26
1,314
505
17
621
111
163
582
60
86
3
294
49
78
25
1,160
273
13
76
291
4
5
1
9
36
1
1
112
747
232
1
8
*
124
42
17
2
154
195
3
544
379
96
141
113
143
5
916
230
59
89
320
523
44
168
375
81
139
112
142
5
762
177
58
87
318
468
35
62
4
14
2
1
1
150
53
*
1
1
54
4
105
2
1
1
*
1
4
*
*
3
*
*
1
2,971
348
2,181
3,227
2,824
13
391
13
22
387
114
49
56
171
887
110
364
87
573
104
1
70
47
3
3,791
4
5
288
136
10
71
118
36
61
115
2,633
77
149
78
360
7
149
182
15
11
19
79
11
86
17
123
7
147
167
12
11
18
56
11
81
17
120
3
*
2
*
*
1
2
12
3
*
*
22
*
5
*
2
*
4
*
13
*
3
50
2
*
4
Belgium-Luxembourg...............
Denmark...................... .
Finland..........................
France...........................
Germany..........................
Sweden...........................
Switzerland......................
Turkey...........................
LatiiL^fflgEisa:
Chile............................
Other Latin American Republics....
Netherlands Antilles & Surinam....
Total Latin America..............
8,741
5,500
Asia:
China, People’s Republic of
(China Mainland)................
China, Republic of (Taiwan)......
Hong Kong........................
India............................
Indonesia........................
Israel...........................
Japan............................
Korea............................
Philippines......................
Thailand.........................
Other Asia.......................
39
715
416
183
175
311
7,440
204
604
471
1,196
32 *
562
233
155
164
289
7,311
191
518
453
1,069
1
•*
*
*
4
1
*
*
1
*
4
1
Total Asia.......................
11,752
10,978
2,820
4,449
3,708
698
646
5
47
76
Africa:
Egypt............................
Morocco..........................
South Africa.....................
Zaire............................
Other Africa.....................
72
12
119
30
1,044
68
11
109
22
965
59
10
61
20
448
4
_
40
2
496
5
*
9
*
22
4
1
6
8
79
4
1
6
8
74
_
_
_
3
_
*
Total Africa.....................
1,277
1,175
597
541
37
99
94
*
*
*
*
X
5
5
3
Other countries:
Australia........................
All other........................
2,917
66
2,901
47
418
33
2,113
-
371
14
15
11
13
10
*
1
1
1
2
8
Total other countries............
Total foreign countries............
International....................
European regional................
Latin American regional..........
Asian regional...................
African regional.................
Total international and regional..
Grand total........................
1/
*
.
2,984
2,948
450
2,113
385
26
23
1
2
10
67,706
60,892
13.490
29.949
1/.453
6,046
4,906
93
1,404
14
228
49
*
82
8
40
17
*
202
22
8
-
1,120
6
166
24
-
*
*
*
*
*
*
_
-
1,047
_
-
768
1,404
14
228
49
*
_
-
1,696
1,696
147
232
1,317
•*
*
-
-
-
69,402
62,588
13,637
30,181
18,770
6,046
4,906
93
1,047
768
Deposits exclude negotiable time certificates of deposit, which are included in "Other" short-term liabilities.
Lese than $500,000.
A pril 1974
99
.CAPITAL MOVEMENTS.
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-5. - Short-Term Liabilities, Countries and Areas Not Regularly Reported Separately
_____ (Position at end of period in millions of dollars)
Calendar year
-Other, West er a E urope"
Cyprus..............
Iceland.............
Ireland, Republic of.
Malta........ ,......
Monaco..............
1968
1969
1970
10
2
10
11
24
11
9
38
5
4
41
3
16
5
6
8
4
14
2
6
4
"Other Eastern Europe"
Bulgaria..................
Czechoslovakia............
Estonia...................
German Democratic Republic.
Hungary..............
Poland....................
Rumania......... .
8r
2r
19r
7r
7
9
2
4r
3r
16r
8r
"Other Latin American Republics"
Bolivia.......................
Costa Rica....................
Dominican Republic............
Ecuador.....................
El Salvador...................
Guatemala.....................
Guyana............ ............
Haiti.........................
Honduras......................
Jamaica.......................
Nicaragua.....................
Paraguay......................
Trinidad and Tobago...........
66
51
69
66
82
86
5
17
33
42
67
16
10
68
52
78
76
69
84
3
17
29
17
63
13
8
"Other l^t m ^ r i c a ^ _____ _
Bermuda................... .............
British Honduras.......... ..........
British West Indies.....................
French West Indies and French Guiana....
"Ofrhe.r .Asia1:,
Afghanistan.............................
Bahrain.................................
Bangladesh 2/...........................
Burma...................................
Cambodia................................
Iran....................................
Iraq....................................
Jordan..................................
Kuwait..................................
Laos....................................
Lebanon.................................
Malaysia................................
Nepal...................................
Oman (Muscat and Oman)..................
Pakistan................................
Qatar............ ......................
Ryukyu Islands (including Okinawa) ^/....
Saudi Arabia............................
Singapore.... ..........................
Sri Lanka (Ceylon)......................
Syria................... ................
United Arab Emirates (Trucial States) £/.
Viet Nam................................
Yemen (Aden)................. ...........
5
4
2
1/
2
30
2
6
16
22
2/
41
86
3
67
3
78
52
13
1
35
26
17
46
3
83
30
17
6
6
60
5
17
29
67
4
35
4
25
106
17
3
4
4
94
5
51
1
"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......................
13
1
3
3
29
25
69
3
20
6
1
5
21
7
6
25
1’Other Countries"
New Zealand................................
U.S. Trust Territory of the Pacific Islands.
17
8
8
1/
3
33
2
2fc
32
2/
4
2
42
11
14
54
3
54
2/
2
5
2
10
2
2
2
69
41
99
79
75
100
2
16
34
19
59
16
1/
25
17
5
2
2r
3r
23r
lOr
22
19
1
38
6
18
106
57
4
7
5
179
3
2
17
19
*
8
3
38
14
20
1
2r
5r
20r
6r
55
62
123
57
78
117
6
18
42
19
50
17
10
3/
3
32
1
23
11
23
13
2
3
10
6
5
Note: 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/ Bermuda included with Bahamas prior to April 1973.
65
75
104
109
86
127
8
25
64
32
79
44
76
89
51
77
145
6
17
51
30
22
26
20
17
18
14
127
5'
100
3
178
3
105
1
36
2
4
39
2
55
54
11
5
59
2
y
344
77
5
4
13
135
1
5
y
9
12
87
92
114
121
76
132
8
27
58
41
61
10
25
9
9
14
17
1
8r
llr
29r
n.a.
2
20
3
46
23
16
4
33
1
29
79
35
4
4
16
9
6
11
2
16
2
6r
8r
29r
8r
10
20
22
5
10
2
6r
5r
36r
8r
10
5
59
195
7
17
8
1
1
9
7
8
10
4
43
23
288
22
3
5
25
24
72
2
3
93
159
3
Dec.
1973
19
6
54
3
n.a.
K
19
Apr.
1973
3
9
17
3
4
3/
21
if
1
8
2
9
23
274
6
46
13
2
1
6
9
3
13
10
1972
1971
32
57
1
10
6
23
30
393
6
85
31
2
3
11
19
23
20
17
3
114
26
4
36
3
55
59
10
3
93
3
3/
236
53
6
39
8
98
1
51
75
4
28
4
19
31
312
6
140
88
n.a.
9
n.a.
2
103
n.a.
5
20
2
51
42
11
n.a.
95
2
y
244
140
13
4
22
82
87
62
1
18
7
21
7
28
1
3
16
11
19
37
34
n.a.
5
n.a.
14
2
3
12
4
6
n.a.
30
12
34
14
37
11
10
10
2/
3/
4/
*
Bangladesh included in Pakistan prior to April 1972.
Ryukyu Islands included in Japan after April 1972.
Data as of December 31, 1971 exclude Ras al Khaymah.
Less than $500,000.
r
Revised.
100
Treasury Bulletin
________________________CAPITAL MOVEMENTS________________________
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-6. - Long-Term Liabilities by Type
(In millions of dollars)
Payable in dollars
*
e
■ndar year
• month
Foreign countries
Total
long-term
liabilities
Total 1/
Official
institutions
Banks
Other
foreigners
International
and regional
_
Payable in
foreign
currencies
10
2
1
7
2
7
69
310
513
1,494
10
2
1
7
2
7
28
204
203
988
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
913
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
25
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
50
42
106
311
506
^2,546
\^2,560
1,858
1,863
1,807
1,807
15
15
35
40
689
698
_
3,166
2,490
1,703
902
2,389
1,600
913
437
2,341
1,505
695
144
8
55
165
237
40
40
53
56
777
889
789
446
_
1
1
20
fl,000
\l,0l8
417
417
93
93
238
238
87
87
562
580
21
21
1973..........................
1,487
726
310
296
121
761
-
1973-Feb......................
Mar......................
Apr......................
May......................
June.....................
1,276
1,406
1,397
1,379
1,467
639
685
690
667
674
304
328
329
313
311
234
246
250
250
250
100
112
111
104
113
613
692
684
688
769
24
24
24
24
24
July.....................
Aug......................
Sept.....................
Oct......................
Nov......................
Dec......................
1,525
1,530
1,502
1,473
1,469
1,487
734
731
720
718
717
726
311
322
318
312
313
310
282
282
279
285
287
296
141
127
123
122
117
121
768
775
758
735
753
761
24
24
24
20
1974-Jan.p....................
Feb.p....................
1,498
1,480
697
612
311
259
275
267
111
86
801
868
1957..........................
1958..........................
1959..........................
I960..........................
1961..........................
1962..........................
1963..........................
1964..........................
1965..........................
1966..........................
1968..........................
1969..........................
1970..........................
1971..........................
inno O/
1/
2/
Dollar-foreign currency breakdown not available prior to 1966; amounts
reported for earlier dates assumed to have been payable in dollars.
Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable in
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
-
-
_
-
_
-
coverage to those shown for the preceding date; figures on the
second line are comparable to those shown for the following date.n.a.
Not available.'
p
Preliminary.
101
April 1974
.CAPITAL MOVEM ENTS.
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-7. - Long-Term Liabilities by Country
(Position at end of period in millions of dollars)
Calendar year
1974
1973
Country
1972 1/
1971
Dec.
Jan.p
5
5
9
*
_
8
*•
_
5
15
*
_
1
1
1973
Sept.
5
39
*
-
5
41
*
_
1
1
165
*
165
*
Oct.
Nov.
Feb. p
Europe:
*
*
*
8
12
12
*
*
*
-
5
15
•*
6
1
1
1
164
*
165
165
2
2
165
*
-
Italy..........................
Netherlands....................
Norway.........................
Spain..........................
Sweden.........................
Switzerland....................
Turkey.........................
United Kingdom.................
Yugoslavia.....................
Other Western Europe...........
Other Eastern Europe...........
Canada...........................
Latin America:
Argentina......................
Bahamas 2 / .....................
Brazil.........................
Chil*..........................
Colombia,,,....................
Cuba...........................
Mexico.........................
Panama.........................
Peru...........................
Uruguay........................
Venezuela......................
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America............
Total Latin America............
Asia:
China, People's Republic of
(China Mainland)..............
China, Republic of (Taiwan)....
Hong Kong......................
India..........................
Indonesia.................. .
Israel.........................
Japan..........................
Korea..........................
Philippines....................
Thailand.......................
Other Asia.....................
Total Asia.....................
Africa:
Egypt..........................
Morocco........................
South Africa...................
Zaire..........................
Other Africa...................
Total Africa...................
Other countries:
Australia......................
All other......................
-
-
165
*
5
22
2
165
•*
165
■*
*
2
165
*
1
1
1
1
1
1
1
1
*
■*
•*
*
*
*
*
*
*
*
*
*
1
1
*
•*
■*
*
**
*
*
*
*
*
*
*
•x
*
*
*
*
1
1
1
1
1
1
1
1
*
*
5
■*
63
*
*
9
*
•*
*
6
*
52
*
*
5
*
63
*
*
*
*
9
*
66
68
68
*
5
*
67
*
11
10
10
2
-
-
-
-
246
261
261
4
1
1
■*
213
-
210
475
495
6
*
■*
210
-
-
r z r
9
211
1
■*
5
*
65
•*
213
66
*
1
*
5
*
58
*
209
_
-
_
-
213
_
_
_
*
498
478
475
466
454
.2
3
9
.. ...2 ..
.
.io,„
2
1
1
2
2
2
2
2
2
2
39
53
53
55
53
14
55
54
1
50
14
1
1
10
50
14
10
55
14
1
2
2
6
1
1
1
6
1
1
1
1
1
1
1
1
1
*
31
28
28
_
49
_
39
_
44
_
40
49
1
2
2
2
8
2
2
2
*
*
28
19
•*
*
*
28
19
X
3
*
4
4
3
*
9
4
4
1
1
3
■*
9
4
4
5
6
6
3
X
9
4
4
5
3
*
9
4
4
5
136
136
151
145
140
*
*
-
-
_
1
1
1
1
*
111
34
*
*
■*
•*
*
*
138
_
*
*
1
1
40
28
«.
*
*
31
4
■*
*
12
6
1
2
2
?
*
*
Af
Q
-+
/
4
*
8
4
*
3
151
140
109
_
_
*
*
_
*
1
*
1
1
1
1
1
1
1
1
1
1
*
5
*
•*
3
*
3
*
*•
1
•*
3
*
6
•*
5
1
1
3
1
1
5
2
2
2
5
2
2
6
5
3
•*
17
1
2
2
2
1
•*
*
3
*
37
5
3
*
17
2
2
2
2
2
2
*
71
5
*
71
•*
71
*
71
*
71
*
72
90
33
33
82
86
83
82
82 .
an
*
29
37
*
*
*
*
*
*
1
•*
_
*
_
•*
*
*
*
*
*
•*
■*
*
1
1
1
1
1
1
7
*
7
*
•*
1
,
4
*
_
_
*
•*
*
_
*
*
■*
*
*
*
*
-*
*
_
_
1
1
1
1
1
1
^
1
1
7
*
7
*
7
*
-
.— i_
7
7
*
_
....
..
_
.
1
7
*
1
-
1
*3
J
Total other countries..........
4
7
7
7
7
7
7
7
7
*
3
Total foreign countries..........
457
439
439
726
744
738
717
726
697
612
International,,and regional:
International....................
European regional................
Latin American regional..........
Asian regional...................
African regional.................
351
57
38
480
52
30
_
496
551
98
112
-
571
86
102
538
89
103
6
552
88
113
-
551
98
112
-
588
104
109
645
5
108
110
-
Total international and regional..
446
562
580
761
758
735
•753
761
801
868
Grand total......................
902
1,000
1,018
1,487
1,502
1,473
1,469
1,487
1,498
1,480
-
-
53
31
-
Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date, figures in the second
column are comparable to those shown for the following date.
-
2/
*
p
-
Through December 31, 197 ? / Bermuda included' w n*th Bahamas.
Less than $500,000.
Preliminary.
'
Treasury Bulletin
102
________________ __________________________ CAPITAL MOVEMENTS____________________________________________
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-1. - Short-Term Claims by Type
(In millions of dollars)
Payable in dollars
Loans
End of
calendar
year
or month
Total
short
term
claims
Total
Official
Total • insti
tutions
Banks
Other
for
eigners
Payable in foreign currencies
Collec
tions
out
standing
for
account of
reporting
banks and
domestic
customers
Accept
ances
made for
account
of for
eigners
Other
short
term
claims
1957..........
2,199
2,052
930
242
386
303
423
6 S)9
1958..........
2,542
2,344
1,268
401
439
428
421
1959..........
2,599
2,407
1,309
351
498
460
516
1 9 6 0 ..........
3,594
3,135
1,297
290
524
482
A , 719
I 4,777
4,177
4,234
1 ,6 4 6
1,660
329
329
699
709
618
622
1961
1/
Deposits
of
reporting
banks and
domestic
customers
with for
eigners
Total
Foreign
government
obligations
and
commercial
and
finance
paper
Other
short
term
claims
147
132
.5
656
198
181
16
582
192
178
15
605
1,233
460
222
238
694
700
1,837 '
1,874
543
543
342
343
200
1,967
495
309
186
200
1 9 6 2 ..........
5 ,1 0 1
4,606
1,953
359
953
642
686
1963..........
5,887
5,344
1,915
186
955
774
832
2,214
384
543
343
157
42
[7,411
^7,957
6,810
7,333
2 ,6 5 2
223
2,773
221
1,374
1,403
1,055
1,150
1,007
1,135 .
2,600
2,621
552
803
601
624
342
336
182
187
102
[
\l,135
7,158
7,243
2,968
2,970
271
271
1,566
1,567
1,130
1,132
1,268
1,272
2,501
2,508
422
492
474
492
325
329
54
68
95
96
[7,819
7,399
7,433
3,139
3,141
256
256
1,739
1,739
1,143
1,145
1,367
1,288
2,450
2,540
443
464
420
420
240
241
70
70
110
110
8,158
8,182
3,137
3,150
30fS
306
1,603
1,616
1,228
1,228
1,511
1,552
3,013
3,013
498
467
425
425
287
287
74
70
63
67
8,711
8,261
3,165
247
[9,518
3,281
^9,680
9,063
9,165
262
262
10,802
10,192
3,051
[l3,110
u.3,272
12,328
12,377
4,503
3,969 2/
/15,471
^15,672
14,625
14,826
1973..........
20,717
1 9 7 3 -Feb......
July.....
Aug......
Sept.....
Oct......
Nov......
Dec......
1Q6A 1/
TQfVi
1
/
1966
1/
7,632
^7,853
[8,583
\ 8,606
1 9 6 8 ..........
.
1970..........
'1971 1 / 2 / ....
1
Mar......
Apr........
May......
June.....
1974-Jan. p....
Feb. p . ...
1/
2/
77
1,697
1,221
1,733
2,854
509
450
336
40.
1,073
1,073
1,954
2,015
3,169
3,202
658
670
516
516
352
352
119
1,946
1,943
1,720
1,212
2,389
3,985
766
610
352
84
89
92
79
74
166
223
231
2,613
2,080 2}
1,667
1,658
2,475
2,475
4,243
4,254
1,107
842
1,679 2j' 895
549
548
119
173
174
174
5,674
5,671
163
163
2,975
2,970
2,535
2,538
3,269
3,276
3,204
3,226
2,478
2,653
846
846
441
441
223
223
182
182
20,055
7,718
271
4,589
2,859
4,306
4,155
3,876
662
428
119
115
18,033
18,383
18,362
18,546
18,821
16,962
17,432
17,544
17,692
17,982
6,449
6,517
6,826
6,933
7,318
162
141
146
163
205
3,669
3,677
3,928
3,813
4,070
2,619
2,698
2,753
2,956
3,043
3,589
3,732
3,815
3,824
3,881
3,622
3,700
3,419
3,313
2,80C
1,071
951
819
854
839
596
524
460
499
552
313
262
207
237
140
162
165
152
118
147
19,007
18,974
* 18,739
19,313
19,570
20,717
18,144
18,087
17,963
18,453
18,780
20,055
7,024
6,973
6,829
7,003
7,090
7,718
162
176
160
216
252
271
3,92*
4,029
3,917
3,989
4,084
4,589
2,936
2,768
2,752
2,798
2,753
2,859
3,871
3,948
4,070
4,099
4,287
4,306
3,302
3,482
3,483
3,623
3,984
3,922
3,716
3,718
3,774
3,788
4,155
3,327
3,450
3,345
3,577
3,614
3,876
863
887
861
790
662
561
488
459
510
512
428
15a
151
143
187
131
119
151
248
175
• 163
148
115
21,080
23,101
20,277
22,257
7,415
8,118
303
303
4,419
5,016
2,692
2,799
4,388
4,288
4,107
4,553
4,367
5,298
804
844
504
520
162
122
137
202
3,218
.
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.
Data on the second line differ from those on the first line because
those claims of U.S. banks on their foreign branches and those claims
111
.
73
of U.S. agencies and branches of foreign banks 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.
p Preliminary,
April 1974
103
____________________ CAPITAL MOVEMENTS._______________________
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-2. - Short-Term Claims by Country
(Position at end of period in millions of dollars)
C SLlendar year
1973
1974
Country
1972 1/
1971 1/
1973
Sept.
11
148
48
108
621
311
35
316
133
72
23
222
153
176
10
1,456
10
25
46
61
14
190
52
114
413
313
16
242
144
67
18
183
166
234
6
1,304
10
26
46
97
15
150
50
97
461
366
26
282
132
74
23
183
155
242
8
1,236
8
34
49
87
Oct.
Nov.
Dec.
14
145
53
89
525
392
23 •
363
172
82
22
•
189
177
203
16
1,178
19
26
51
72
11
148
48
108
621
311
35
316
133
72
23
222
153
176
10
1,456
10
Jan. p
Feb.p
61
14
134
50
106
649
342
41
313
139
85
25
208
135
240
16
1,490
9
19
29
64
36
143
60
93
682
381
36
330
146
91
25
180
106
338
9
1,726
15
20
36
65
Europe:
Austria........................
Belgium-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...........
11
57
49
135
267
235
30
159
105
67
12
70
118
145
3
563
19
12
28
37
11
57
49
135
263
235
. 30
160
105
67
12
70
118
145
3
559
19
12
28
37
8
120
59
118
330
321
29
255
108
69
19
207
156
125
6
849
22
20
41
49
8
120
59
118
330
321
29
255
108
69
19
207
164
125
6
Total Europe...................
2,122
2,114
2,911
3,067
3,985
3,654
3,678
3,811
3,985
4,108
4,519
Canada...........................
Latin. America:
1,530
1,627
1,897
1,914
1,960
1,909
2,210
1,979
1,960.
1,880
2,070
305
262
429
139
380
13
936
125
176
41
268
374
18
25
305
262
435
139
380
13
934
125
176
41
268
374
18
26
379
476
649
52
418
13
1,202
244
145
40
383
388
14
36
379
515
649
52
418
13
1,202
244
145
40
383
388
14
36
498
873
900
151
397
12
1,370
266
178
55
517
490
13
140
455
619
879
40
423
13
1,329
252
178
39
430
409
31
91
469
698
837
80
423
15
1,388
273
208
45
436
431
23
137
485
608
826
125
413
13
1,357
263
204
47
469
465
17
12b
498
873
900
151
397
12
1,370
266
178
55
517
490
13
140
520
578
953
136
426
11
1,343
291
186
57
483
542
17
356
538
1,040
958
155
428
11
1,417
297
I8 4
51
510
545
19
462
3,490
3,494
4,437
4,476
5,861
5,187
5,464
5,417
5.861
5,900
Argentina......................
Bahamas2/......................
Brazil.........................
Chile.................. '.......
Colombia,,.....................
Cube...........................
Mexico.........................
Panama.........................
Peru...........................
Uruguay........................
Venezuela......................
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America............
Total Latin America............
Asia:
China, People's Republic of
(China Mainland)..............
China, Republic of (Taiwan)....
Hong Kong......................
India..........................
997:
22
20
41
49
25
46
6.616
_________
Israel.........................
Japan..........................
Korea..........................
Philippines....................
Thailand.......................
Other Asia.....................
1
109
68
21
41
129
4,279
348
136
164
252
1
109
70
21
41
129
4,280
348
138
173
252
1
194
93
14
87
105
4,158
296
149
191
300
1
194
93
14
87
105
4,152
296
149
191
300
147
16
88
166
6,400
401
181
273
394
7
141
128
19
81
145
5,801
348
121
179
361
22
128
121
14
89
145
5,745
372
105
206
349
36
117
124
16
96
155
6,033
368 •
118
225
377
7,295
7,664
31
140
%
140
147
16
88
166
6 ,4 0 0
401
181
273
394
24
119
169
16
105
153
6,467
429
189
323
466
6,958
477
182
364
560
8,461
9,158
19
147
189
15
107
140
Total Asia.....................
5,548
5,560
5,589
5,584
8,237
7,330
Africa:
Egypt..........................
Morocco......................
South Africa...................
Zaire..........................
Other Africa...................
10
4
156
21
99
10
4
156
21
96
21
4
143
13
124
21
4
143
13
118
35
5
129
61
158
43
11
157
48
146
38
4
150
51.
163
40
7
147
61
155
35
5
129
61
158
42
4
133
56
178
40
4
134
67
175
Total Africa...................
291
288
304
299
388
405
406
410
388
413 ‘
420
158
28
158
28
291
40
291
40
243
43
218
36
223
36
251
36
243
43
279
37
268
49
Total other countries..........
186
186
330
330
286
254
259
287
286
316
317
Total foreign countries..........
13,167
13,269
15,468
15,670.
.20.716
18,739
21,079
23,100
3
3
3
3
1
1
1
1
13,170
13,272
15,471
15,672
•
8,237
Other countries:
All other......................
International and regional .......
Grand total......................
x/
Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in .
coverage to those shown for the preceding date; figures in the second
,2^1
2/
p
_19,312_
1
19.569
1
20,716 ,,
1
20,717
21,080
18,739
19,313-.
19..57Q.
, Nr— —
— ^
column are comparable to those shown for the following date,
Through December 31, 1972, Bermuda Included with Bahamas,
Preliminary.
23xl01
Treasury Bulletin
104
fiAPlTAT. M O V EM EN TS
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 28, 1974
Preliminary
(Position in millions of dollars)
Short-term claims payable in dollars
Loans
Country
Europe:
Austria........................
Belgium-Luxembourg............
Denmark.......................
Finland.......................
France........................
Germany.......................
Greece........................
Italy.........................
Netherlands...................
Norway........................
Portugal......................
Spain.........................
Sweden........................
Switzerland...................
Turkey........................
United Kingdom................
Yugoslavia....................
Other Western Europe..........
Total
short
term
claims
Total
Total
Foreign
banks and
official
insti
tutions
Other
Collections
outstanding
for account
of report
ing banks
and domestic
customers
Short-term claims payable
m loreign currencies
Accept
ances
made for
account
of
foreign
ers
Other
Total
Deposits of
reporting
banks and
domestic
customers
with
foreigners
Foreign
government
obligations
and commer
cial and
finance
paper
Other
34
115
58
93
653
305
36
310
129
86
23
171
99
297
8
1,655
13
18
36
65
28
67
28
34
177
175
21
219
54
59
12
113
83
244
6
629
12
6
24
56
27
55
24
23
159
125
18
187
34
37
10
61
63
191
5
537
9
5
24
55
2
12
5
11
19
49
3
32
21
22
2
51
20
52
1
92
4
2
*
1
5
20
8
7
57
36
12
50
25
5
10
38
13
21
3
78
1
8
11
6
*
2
21
52
7
11
1
8
5
21
*
20
2
1
*
26
1
*
411
83
2
32
46
1
*
1
1
31
81
Other Eastern Europe..........
36
143
60
93
682
381
36
330
146
91
25
180
106
338
9
1,726
15
20
36
65
1
866
1
2
1
1
2
28
2
1
29
77
•*
21
17
5
2
9
7
41
•*
71
1
2
1
*
Total Europe..................
4,519
4,204
2,050
1,649
401
414
232
1,507
316
281
*
34
Canada..........................
2,070
1,663
522
130
392
38
83
1,020
407
165
122
120
Latin America:
Argentina.....................
Bahamas.......................
Brazil........................
Chile.........................
Colombia......................
Cuba..........................
Mexico........................
Panama................... .
Peru..........................
Uruguay.......................
Venezuela.....................
Other Latin American Republics.
Netherlands Antilles & Surinam.
Other Latin America...........
538
1,040
958
155
428
11
1,417
297
184
51
510
545
19
462
538
1,026
956
155
428
11
1,398
297
184
51
488
545
19
461
228
267
589
45
264
3
1,142
239
147
17
380
193
11
48
77
219
488
34
179
54
7
189
13
32
8
80
17
25
5
65
118
7
37
235
1
155
95
127
14
1
*
*
*
19
*
•*
*
22
*
•*
*
*
3
*
•*
*
*
13
*
*
*
7
*
37
21
752
24
2
6
1
71
27
1
2
2
28
1
340
■*
512
124
115
14
88
76
3
25
151
48
100
12
85
3
630
115
32
4
292
117
8
23
Total Latin America...........
6,616
6,558
3,573
1,954
1,619
655
1,054
1,277
58
24
Asia:
China, People's Republic of
(China Mainland).............
China, Republic of (Taiwan)....
Hong Kong.....................
India.........................
Indonesia.....................
Israel...... ..................
Japan.........................
Korea.........................
Philippines...................
Thailand......................
Other Asia....................
19
147
189
15
107
140
6,958
477
182
364
560
18
147
187
15
107
139
6,928
477
181
362
551
14
78
73
4
88
100
792
153
89
52
234
14
70
37
3
32
97
735
143
58
47
193
*
8
36
2
56
3
57
10
32
5
__ 40
3
33
32
7
4
11
2,643
83
44
41
128
9
40
•*
11
27
2,291
216
34
252
62
*
27
43
3
4
*
1,202
25
13
18
127
1
*
1
1
*
1
29
*
1
2
9
1
*
1
1
■*
1
27
*
*
9
*
*
2
*•
1
2
*
1,461
46
40
*
6
*
1
2
1
_____ 8^
■*
■*
10
*
*
*
-*
4
*
*
_
*
7
_
_
_
1
_
_
104
14
11
26
42
206
•*
-
2
26
2
1
26
70
*
19
16
5
2
8
7
35
*
60
*
1
■*
*
_
_
*
_
_
*
*•
_
_
_
_
_
_
_
_
_
_
* '
-
_
_
_
_
*
_
_
_
_
_
•*
2
*■
*
3
6
*
2
1
*
•*
1
■*
5
*
12
1
*
*
*
*
11
1
*
•*
_
-
7
*
•*
*
14
■*
*•
■*
*
34
■*
*
1
*
_
_
_
_
_
_
_
_
Total Asia....................
9,158
9,112
1,678
1,430
249
3,029
2,943
Africa:
Egypt.........................
Morocco................... .
South Africa..................
Zaire.........................
Other Africa..................
40
4
134
67
175
40
4
123
67
175
12
2
35
54
109
11
2
10
31
65
1
*
25
23
44
1
1
40
1
45
26
*
47
11
12
Total Africa..................
420
409
212
119
93
89
96
12
11
4
Other countries:
Australia.....................
All other.....................
268
49
262
48
73
9
35
3
38
6
42
20
141
4
6
15
6
1
Total other countries.........
317
310
82
38
44
62
145
21
7
Total foreign countries.........
23,100
22,256
8 r117
5,319
2,798
4,288
4,553
5.298
344
1
*
-
-
-
-
-
-
2,799
4,288
4,553
5,298
844
520
122
202
International and regional......
1
1
1
*
Grand total.....................
23,101
22,257
8,118
5,319
*
Less than $500,000.
.
_
_
-
*
_
7
5
1
-
•*
6
-
1
520
122
202
1
105
April 1974
______________________ CAPITAL M OVEM ENTS________________________
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-4. - Long-Term Claims by Type
(In millions of dollars^
Payable in dollars
Total
long-term
claims
End of
calendar year
or month
Loans
Total
Official
institutions
Banks
Other
. foreigners
Payable in
foreign
currencies
1,174
1,362
1,545
1,698
2,034
2,160
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n’.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
2,293
1 2,379
2,293
2,379
2,260
2,346
660
730
273
273
1,328
1,342
33
33
*
*
J 2,837
1957......................
1958......................
1959......................
196Q......................
1961......................
1962......................
1963-May 1/................
Total
Other
long-term
claims
f
1963 1/...................
\ 3,030
2,834
3,028
2,781
2,811
725
728
397
397
1,659
1,685
54
217
2
2
1964 1/...................
J 3,971
\ 4,285
3,971
4,283
3,777
3,995
703
716
701
729
2,372
2,550
195
288
■*
1
1965......................
1966......................
1967......................
1968......................
1969......................
1970......................
1971......................
1972 1/ ................ .
4,517
4,180
3,925
3,567
3,250
3,075
3,667
/ 4,954
^ 5,025
4,508
4,162
3,909
3,552
3,232
3,050 ‘
3.645
4,914
4,985'*
793
702
669
528
502
504
575
833
836
628
512
323
237
209
236 *
315
430
. 430
2,790
2,702
2,642
2,393
2,096
1,958
2,455
3,276
3,285
297
247
274
394
426
352
300
375
436
9
18
15
16
18
25
22
40
40
1973......................
y>73-Feb..................
Mar..................
Apr..................
May..................
June.................
5,856
5,137
5,288
5,431
5,519
5,604
5,784
5,085
5,241
5,382
5,470
5,558
5*,304
4,636
4,781
4,935
5,015
5,095
1,129
836
883
903
932
978
569
477
496
544
545
550
3,605
3,323
3,402
3,487
3,538
3,567
480
449
460
447
455
464
72
52
47
49
48
45
July.................
Aug..................
Sept.................
Oct........ ..........
Nov..................
Dec..................
5,623
5,519
5,385
5,567
5,763
5,856
5,569
5,473
5,315
5,4^7
5,685
5#
,784
5,114
5,007
4,859
5,011
5,222
5; 304
957
1,002
1,010
554
514
507
537
554
569
3,604
3,491
3,342
3,434
3,541
3,605
455
54
466
46
456
476
463
480
70
80
78
72
1974-Jan. p ...............
5,794
5,867
5,715
5,788
5,245
5,264
1,115
558
580
3,572
3,519
524
79
79
4,211
3,915
3,635
3,158
2,806
*2,C98
3,345 .
4,539
‘
4,550
l/- 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.
1,0a
ljl29
1 ,1 6 6
n.a. Not available,
p Preliminary,
* Less than $500,000.
.
Treasury Bulletin
106
____________________ CAPITAL MOVEMENTS.______________________
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-5. - Long-Term Claims by Country
(Position at end of period in millions of dollars)
1973
Calendar year
1974
Country
1970
1971
Europe:
1
22
2
11
127
102
45
33
4
13
18
93
49
8
8
130
35
6
1
13
2
19
88
35
39
4
8
24
14
83
35
3
*
71
25
6
1972 1/
■*
18
11
16
146
100
44
49
11
19
28
102
48
5
9
145
Sept.
Oct.
3
22
29
20
172
91
87
60
20
47
8
113
27
3
39
140
72
5
129
152
3
26
22
17
170
60
53
53
15
45
5
114
30
6
35
131
67
9
.115
128
3
25
21
20
173
71
47
57
14
48
6
128
25
6
36
130
71
7
122
132
1973
*
18
11
16
146
100
44
49
11
19
28
106
40
5
9
145
48
6
Nov.
Jan. p
Dec.
3
24
28
22
170
73
77
55
16
3
22
29
20
172 •
91
87
60
20
47
8
113
27
3
39
140
72
5
129
152
Feb. p
3
21
34
20
164
91
97
59
20
49
6
108
30
6
39
135
71
6
127
146
5
16
36
19
164
93
132
60
20
48
6
107
32
6
46
144
71
5
129
161
12
16
43
43
482
723
849
845
1,239
1,106
1,141
46
-5
120
29
7
36
138
70 •
6
128
141 .
1,197
_i.239
1,232
1,301
312
228
406
406
489
418
491
m
489
4^4
456
Bahamas 2 / ........ ............
135
7
2Sl
82
150
19
577
174
103
*
383
57
71
10
264
167
7
10
153
19
582
174
108
■*
385
57
71
30
270
167
7
10
137
21
649
136
87
1
444
62
59
6
296
134
6
35
23
612
135
77
*
%
Chile..........................
123
4
331
91.
80
*
372
35
36
23
224
129
4
7
137
21
649
136
87
1
444
62
59
6
296
134
6
35
136
30
633
132
86
*
426
59
137
29
673
131
86
2
276
149
5
37
447
56
78
2
251
148
6
14
2,072
2,036
2,057
Canada........... .......
48
6
.
Latin. America:
59
_
Panama..........................
Uruguay................... .
Other Latin American Republics..
Netherlands Antilles and Surinam
367
44
68
19
155
122
8
8
1,325
1,458
1,996
*
126
24
54
51
2
280
644
139
84
430
61
54
2
300
147
5
29
!4£
145
140
80
-
385
52
47
I
282
400
5
35
2,012
2,072
1,921
1,960
-
35
73
15
55
24
211
258
119
159
18
2,068
64
_
Asia:
China, People's Republic of
Hong Kong......................
India..........................
Thailand.......................
Africa:
Egypt..........................
Other Africa...................
Other countries:
Australia......................
All other......................
Total other countries..........
iBtePqatiOTl-JMaA iggjpnal.
Grand total......................
1/
*
19
2
44
6
15 '
115
98
234
32
99
'
52
79
13
54
27
220 •
61
90
15
54
29
212
243
103
160
58
96
13
5328
212
249
111
150
17
545
60
106
14
52
32
222
249
100
155
16
537
1,532
1,542
16
2
88
31
215
16
2
83
31
205
16
2
83
30
208
336
352
337
339
153
154
23
139
28
138
27
22
7
81
10
35
246
79
160
22
165
49
4
7.3
23
147
319
79
163
17
326
49
4
73
23
149
348
96
162
17
326
61
90
15
54
29
212
243
103
160
18
539
1
66
12
62
25
216
252
114
lbb
17
507
494
251
122
161
17
501
663
829
1,200
1,248
1.524
1,438
1,461
1,497
1,524
*
3
20
6
98
5
50
17
113
*
3
70
35
148
*■
*3
70
36
158
16
2
88
31
215
12
2
95
31
187
13
2
94
31
196
16
2
89
30
199
127
184
257
267
352
327
336
142
22
222
18
227
16
227
16
154
23
145
24
149
24
-
23
•
18
539
•
164
240
243
243
177
169
174
176
177
167
165
3,074
3,663
4,950
5,020
5,852
5,381
5,563
5,759
5,852
5,788
5,860
1
5
4
4
4
4
4
4
3,075
3,667
4,954
5,025
5,856
5,385
5,567
5,763
Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable
in coverage to those shown for the preceeding date; figures in the
second column are comparable to those shown for the following date.
2/
*
p
5
7
5,794
5,867
______ 4.
5,856
Through December 31, 1972, Bermuda included with Bahamas,
Less than $500,000.
Preliminary,
107
April 1974
C.APTTAT. M O V EM EN TS
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 28, 1974
Preliminary
(Position in millions of dollars)
Long-term claims payable in dollars
Total
long-term
claims
Country
Total
Loans
Other
EuroDe:
Belgium-Luxembourg.....................
Italy..................................
Portugal...............................
United Kingdom....... ..................
Other Western Europe...................
Total Europe...........................
Long-term
claims
payable in
foreign
currencies
_
5
16
36
19
164
93
132
60
20
48
6
107
32
6
46
144
71
5
129
162
5
16
36
19
164
86
132
60
15
48
6
107
32
6
46
144
68
5
129
162
5
13
36
19
144
85
125
53
11
47
6
101
32
6
45
117
68
5
127
157
*
3
*
■*
20
1
7
7
4
1
*
6
*
7
1
* 5
_
_
*
_
1
27
*
*
2
5
_
_
2
_
-
1,301
1,286
1,202
84
15
456
413
353
60
44
137
29
673
131
86
447
56
78
2
251
148
6
14
135
29
671
131
86
447
56
78
2
251
148
6
14
102
27
633
56
76
413
54
73
1
235
137
1
13
33
2
39
76
10
_
34
2
5
■*
15
11
4
1
2
1
_
_
1
_
_
2,057
2,054
1,822
232
3
60
106
14
52
32
222
249
100
155
16
537
60
106
14
52
32
222
249
100
155
16
528
60
88
14
52
31
220
209
81
135
13
509
*
18
*
*
2
2
40
18
19
3
19
_
_
_
8
1,542
1,534
1,411
122
8
16
2
83
30
208
16
2
75
30
208
16
2
71
28
195
*
4
3
14
8
-
339
331
311
20
8
138
27
138
27
134
27
5
*
-
165
165
160
5
-
5,860
5,783
5,260
523
78
7
6
4
1
1
5,867
5,788
5,264
524
79
_
_
_
Latin America:
Other Latin American Republics........
Total Latin America....................
Asia:
China, People's Republic of (China
Mainland).............................
India..................................
Total Asia.............................
Africa:
3gypt..................................
-
Other countries:
All other..............................
International and regional...............
.*
Less than $500,000.
,
108
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section III - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-III-1. - Liabilities by Type
(In millions of dollars)
Short-term liabilities
End of
calendar year
or quarter-end
month 1/
Total
liabilities
Total
Payable in
dollars
Payable in
foreign
currencies
Long-term
liabilities
1957....................
566
491
428
62
75
1958....................
499
440
368
71
60
83
1959....................
I960 2/.................
1961-Mar. _£/............
June 2/............
f
<
f
<
f
(
Dec................
1962-June 2/............
Dec. 2/............
f
<
f
\
1963....................
1964'June 2/............
f
\
Dec................
1965 2j.................
fI
1966....................
1967 2/.................
1973-Mar.................
Sept.p..............
69
424
437
6 1J
70
39
674
691
583
600
510
525
73 "\
76
91
756
778
673
684
563
572
111
113 •
833
678
569
109
778
817
626
665
527
551
99
114
J
151
798
805
637
644
508
513
129
130
J
161
775
626
479
14 8
763
725
622
585
471
441
151 /
144
807
700
556
9
43 "I
958 J
810
600
)
J
83
94
155
148
1
140
107
• 144
210
f
\
136
147
827
262
329
1,371
1,386
1,027
1,039
343
347
414
428
2,737
1,608
1,225
382
1,129
3,511
4,428
1,786
2,124
1,399
1,654
387
471
1,725
2,304
5,730
2,677
2,181
496
3,102
f 5,863"
2,704
2,763
2,229
2,301
475
463
3,159
3,133
f M
84
\
1,815
f
(
^
19^2-Sepfc...............
Dec. 2/............
512
485
507
1,089
1970....................
1971 2 /.................
581
574
596
1,419
1968....................
1969 Z/.................
664
f
I
5,901
6,381
2,933
2,435
498
3,443
6.659
7,293
3,119
3,430
2,635
2,918
434
512
3,540
3,864
7,403
3,381
2,858
523
4,022
7,369
3,361
2,780
581
4,008
7,927
3,671
2,970
701
4,255
Note:
Breaks in series arising from changes in
amount to $5 million or less for any year are
cases, only the figure comparable to that for
shown.
1/ Data are shown for calendar year ends and for
quarter ends for which figures are available.
reporting coverage which
not shown; in such
the following date is
the most recent five
Data are also shown
2/
for 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, p Preliminary.
109
April 1974
______________________________ CAPITAL MOVEMENTS______________________________
Section III - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-III-2. - Short-Term Liabilities by Country
(Position at end of period in millions of dollars)
Calendar year
1972
1973
Country
1969
1970
Other Eastern Europe...........
4
69
3
2
137
219
4
87
90
4
10
59
38
134
3
470
2
21
1
3
8
46
2
2
126
139
4
77
128
5
13
24
34
159
4
882
4
11
2
2
Total Europe...................
1,359
Canada...........................
227
Europe:
Austria........................
Belgium-Luxembourg.............
Denmark........................
Finland........................
France.........................
Germany........................
Greece.........................
Italy..........................
Netherlands....................
Norway.........................
Portugal.......................
Spain..........................
Sweden.........................
Switzerland....................
Turkey.........................
United Kingdom.................
Yugoslavia.....................
Other Western Europe...........
Sept
1971 1 /
Dec. 1/
Mar.
June
Sept. p
117
4
108
70
5
16
66
17
104
2
817
3
2
*
4
5
65
2
2
136
117
4
103
69
5
16
65
17
104
2
890
3
2
*
4
2
82
5
3
145
130
14
108
79
5
3
63
14
119
2
943
. 5
2
7
3
2
75
9
4
163
145
24
118
102
9
4
79
12
122
3
949
7
2
*
3
1.671
1.551
1.611
1.733
1,830
221
181
181
183
209
213
266
248
236
11
162
19
11
6
*
22
5
4
4
18
37
23
6
18
275
21
14
7
*
22
5
7
2
16
33
3
5
18
289
22
14
7
*
22
5
7
2
16
32
3
5
16
293
24
17
6
1
21
5
5
2
17
30
9
6
19
323
35
18
8
1
27
8
5
6
17
35
10
7
29
381
35
18
7
1
27
18
4
7
21
45
10
4
30
320
42
17
8
*
34
17
4
5
23
46
10
9
24
415
47
13
7
*
37
18
6
3
23
47
11
19 _
24
349
41
13
8
■*
36
17
10
2
24
49
7
Total Latin America............
9
39
18
10
7
*
17
4
12
5
16
43
2
4
187
329
429
442
453
519
605
565
670
602
Asia:
China, People's Republic of
(China Mainland)..............
China, Republic of (Taiwan)....
Hong Kong......................
India..........................
Indonesia......................
Israel.........................
Japan..........................
Korea..........................
Philippines....................
Thailand.......................
Other Asia.....................
1
3
7
20
5
14
143
2
9
3
26
1
9
9
38
9
24
144
1
7
4
49
1
18
12
27
10
10
177
13
7
3
142
1
18
11
26
10
10
173
13
5
3
141 .
28
26
12
7
6
11
223
16
5
5
112
32
28
12
7
12
12
149
20
15
5
117
32
26
12
7
16
13
189
21
16
5
152
32
33
17
7
16
16
229
19
25
5
156 ..
31
35
13
7
15
9
275
18
19
6
1A0
36
31
17
7
15
11
328
20
16
6
17Q
Total Asia.....................
233
296
420
410
422_____
55£_ _
567
665
Africa:
Egypt..........................
Morocco........................
South Africa...................
Zaire..........................
Other Africa...................
7
1
14
2
28
1
3
34
2
38
1
1
31
1
34
1
1
31
1
34____
1
2
17
2
35
25
3
7
1
56
32
3
8
1
59
20
7
6
12
60
11
13
6
19
8Z.
Total Africa...................
52
78
68
67
57
92
__ 1Q4
105
134
Other countries:
Australia......................
All other......................
60
7
75
7
46
9
42
8
46
11
47
13
46
13
Latin America:
Argentina......................
Bahamas 2/.....................
Brazil.........................
Colombia.......................
Cuba...........................
Mexico.............. ...........
Panama.........................
Peru...........................
Uruguay........................
Venezuela......................
Other Latin American Republics..
Netherlands Antilles & Surinam..
Other Latin America............
5
66
2
2
142
•
.
451
...
....
2
83
7
4
167
157
15
121
109
14
4
81
13
112
4
1,057
7
2
■*
3
1.808
1*961 -
.
—
37
9
6
12
58
54
11
Total other countries..........
67
82
55
50
57
60
59
65
2,124
2,677
2,704
2,763
2,933
3,H9
3,430
3,381
Grand total.................. .
1/
*
*
*
*
*
*
*
*
2,124
2,677
2,704
2,763
2,933
3,119
3.430
3,381
Data in two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable ^ n
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
2/
*
p
2
129
18
7
165
193
33
108
113
10
12
79
32
148
6
829
22
3
6
18
1.933 ..
...
.121......
Total foreign countries..........
International and regional
2
81
19
4
165
182
24
103
111
13
4
72.
25
90
3
746
17
3
6
16
3
75
8
4
161
147
19
107
102
14
5
82
23
134
3
898
16
2
*■
6
72
11—
......
,
3.360
* .
3.361
Through December 31, 1972, Bermuda included with Bahamas,
Less then $500,000.
Preliminary,
20
94
9
103
3.671
»
3.671
Treasury Bulletin
110
_______________________________ CAPITAL MOVEMENTS______________________________
Section III - Liabilities to Foreigners Reported by Nmbanking Concerns in the United States
Table CM-III-3. - Short-Term Liabilities, by Type and Country, as of September 30, 1973
Preliminary
(Position in millions of dollars)
Total
short-term
liabilities
Country
Payable in
dollars
Payable in
foreign
currencies
Eurone:
2
129
18
7
165
193
33
108
113
10
12
79
32
148
6
829
22
3
6
18
Belg ium-Luxembourg.............
Finland........................
Italy..........................
Sweden.........................
Yugoslavia.....................
Other Western Europe...........
1,933
1 ,4 2 2
*
27
1
*
'30
82
1
20
33
•*
1
3
2
77
2
223
7
1
*
1
511
236
208
28
24
349
41
13
8
*
36
17
10
2
24
49
7
20
* 20
305
40
13
8
4
43
1
*
1
33
16
9
2
21
41
7
20
2
1
1
•*
3
9
*
1
602
536
66
Other Asia..... ...............
36
31
17
7
15
ii
328
20
16
6
179
36
27
14
6
15
9
299
20
15
4
169
3
2
2
*
1
29
*
1
1
9-
Total Asia.....................
665
615
49
11
13
6
19
84
11
13
5
19
83
*
*
1
*
2
134
131
3
94
9
50
8
44
*
103
59
44
3,671
2,970
701
*
*
-
3,671
2,970
701
Latin America:
Argentina......................
Bahamas........................
Brazil..........................
Chile..........................
Colombia,....................
Cuba...........................
Mexico..........................
Panama.........................
Peru...........................
Uruguay........................
Venezuela......................
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America............
Total Latin America...... •.....
Asia:
China, People's Republic of
(China Mainland)......... .’____
China, Republic of (Taiwan)....
India..........................
Indonesia......................
Israel.........................
Japan..........................
Korea...........................
!
Africa:
Egypt..........................
South Africa...................
Total Africa...................
£^er_C9unfcries:
Australia.................... .
All other......................
Total other countries......
Total foreign countries.......... >
International and regional.......
Grand total......................
*
2
102
17
7
135
111
32
88
80
9
11
77
30
71
5
606
15
2
6
17
Less than $500,000.
i
Ill
April 1974
CAPITAL MOVEMENTS.
Section III - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-HI-4. - Long-Term Liabilities by Country
(Position at end of period in millions of dollars) ‘
Calendar vear
1972
1973
Country
1970
1
144
*
_
56
675
*
152
76
*
7
5
7
325
1
174
14
*
261
41
*
261
111
614
*
161
140
*
7
5
5
424
*
1,087
*
5
72
558
19
201
164
*
81
553
19
201
164
-*
Europe:
Austria........................
Belgium-Luxembourg.............
Denmark........................
Finland........................
France.........................
Germany........................
Greece.........................
Italy..........................
Netherlands....................
Norway.........................
Portugal.......................
Spain..........................
Sweden.........................
Switzerland....................
Turkey.........................
United Kingdom.................
Yugoslavia.....................
Other Western Europe...........
658
*
5
1971 1/
Sept.
*
255
45
*
65
447
13
158
179
*
2
3
1
426
*
986
*
*
41
4
4
5
3
453
5
3
455
890
*
*
866
*
*
Mar.
Dec,. 1/
*
2
243
43
*
86
370
20
16C
246
*
*
3
5
566
*
254
43
*
78
348
20
152
236
*
*
3
*
475
*
949
*
*
2
237
42
*
87
374
22
149
274
2
*
3
5
603
*
1,030
*
*
£
O
H
1969
*
*
Sept, p
June
*
251
42
*
83
393
22
148
268
2
*
3
5.
575
*
1,008
*
*
5
218
42
*
71
399
8
149
277
2
*
2
5
547
*
1,138
*
*
Other Eastern Europe...........
-
-
-
-
-
-
*
*
2,111
2,747
2,670
-
Total Europe...................
2,652
2,580
2,560
£,&23
2,829
2,801
2,864
gai^da...........................
47
67
72
73
61
.. T r
2
85
1
1
*
_
5
13
*
5
1
2
*
*
3
188
2
1
*
1
285
1
1
*
1
280
1
1
x
_
1
14
*
*
2
3
10
*
1
349
*
1
*
*
1
13
2
1
2
3
34
1
1
250
1
1
*
_
1
11
3
1
2
4
64
1
337
1
1
*
_
1
11
1
1
2
4
18
1
1
385
1
1
*
_
1
6
1
1
2
6
18
6
398
1
1
*
_
2
5
1
*
1
5
5
9
115
219
319
314
409
340
379
429
429
1
494
1
1
1
_
3
5
1
*
2
7
6
9
530
*
*
*
*
*
_
_
_
_
*
*
*
_
*
*
*
*
*
*
*
*
1
1
5
39
*
1
*
1
47
5
39
*
1
*
6
323
*
1
*
*
*
1
*
6
481
*
5
*
*
*
1
1
*
7
565
*
6
*
1
47
1
332
1
49 £
1
497
1
*
*
1
1
*
8
570
*
6
*
. 2
587
*
1
1
1
*
8
622
*6
*•
2
642
*
*
*
*
*
*
*
*
*
_
6
*
*
*
6
*
*
*
*
*
*
2
1
2
1
7
1
3
3
8
99
*
121
*
ST"
—
"8 7 "
Latin America:
Chile..........................
Panama.........................
Peru...........................
Uruguay........................
Venezuela......................
Other Latin American Republics..
Netherlands Antilles & Surinam..
Total Latin America............
*
14
1
5
2
.2
1
*
Asia:
China, People's Republic of
(China Mainland)..............
China, Republic of (Taiwan)....
Hong Kong......................
India..........................
Indonesia......................
Israel............... ..........
Japan..........................
Korea..........................
Philippines....................
Thailand.......................
Other Asia.....................
5
11
*
*
K6
Total Asia.....................
23
5
30
*
1
*
5
42
*
*
*
*
1
*
_
Africa:
Egypt..........................
Morocco........................
South Africa...................
Zaire..........................
Other Africa...................
1
14
*
*/
2
3
10
*
1
\
\
\
6
482
5
*
... m$ r
1
^0
1
*
6
7
7
*
*
*
*
6
Total Africa...................
1
6
7
7
6
6
6
Other countries:
Australia......................
All other......................
7
*
21
*
45
*
45
*
59
*
74
*
74
*
Total other countries..........
8
21
45
45
59
74
75
93
99
121
3,159
3,138
3,864
4,022
4,008
4,255
Total foreign countries..........
_
2,304
CsT
2
l/
3,102
_
International and regional
Grand total......................
_
_
_
3,102
3,15<>
Data in the two columns shewn for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
_
3,448
_
_
3,138
3,448
2/
*
p
3,540
_
3,540
_
3,864
-
93
*•
4,022
-
-
4,008
4,255
Through December 31, 1972, Bermuda included with Bahamas,
Less than $500,000.
Preliminary,
Treasury Bulletin
112
____________________________CAPITAL MOVEMENTS_______________________________
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-1. - Claims by Type
1In millions of dollars)
Short-term claims
End of
calendar year or
quarter-end month
1/
Payable in foreign currencies
Total claims
Total
Payable in
dollars
Deposits with banks
abroad in reporter's
own name
Long-term
claims
Other short-term
claims payable in
foreign currencies
1957..................
947
111
637
78
63
170
1958..................
943
720
568
88
63
223
1,009
705
605
68
32
304
f 1,775
^ 1 ,85 9
1,432
1,505
824
875
58
71
549
560
344
.354
f 1,633
\ 1,701
1,248
1,305
939
968
76
89
233
248
385
396
f 1,895
1,496
1,528
1,181
1,208
122
126
193
194
399
406
\ 2,117
1,646
1,664
1,323
1,340
131
132
192 ^
19 2 J
453
Dec..............
2,138
1,636
1,335
150
151
502
1962-June 2/..........
[ 2,443
t 2,678
1,807
1,974
1,475
1,598
178
208
153
168
636
704
2,809
\ 2,867
2,051
2,098
1,625
1,668
214
217
212
212
758
769
/ 2,929
2,979
2,113
2,162
1,712
1,758
201
204
200 ^
200 J
'816
.2,282
1,877
222
183
1959..................
I960 2/........ ’.....
1961^Mar. 2/..........
June 2/..........
Sept. 2j.........
Dec. 2/..........
1963-Mar. 2/..........
June 2/..........
\ 1,934
f
2,099
f
f
3,048*1
^ 3,164J
f
I
766
882
Dec. 2/..........
[ 2,854
^2,9 22
2,131
2,188
1,739
1,778
201
199
191
211
V23
734
1964-June 2/..........
f 3,297
^ 3,245
2,482
2,430
2,000
1,952
220
219
262
260 j
815
Dec. 2/..........
f 3,738
^3 ,9 3 4
2,776
2,853
2,306
2,338
189
205
281
310
962
1,081
f
^ 3,438
3,565
2,397
2,299
2,000
1,911
167
166
229
222
1,169
1,139
1966..................
3,884
2,628
2,225
167
236
1,256
1967 2/...............
f 4,483
^ 4,581
2,946
3,011
2,529
2,599
201
203
216
209
1,537
1,570
1968..................
5,572
3,783
3,173
368
241
1,790
5,925
t 6,523
3,710
4,159
3,124
3,532
221
244
365
383
2,215
2,363
7,110
4,160
3,579
234
348
2,950
8,303
^8,122
5,185
5,004
4,535
4,467
318
290
333
247
3.118
3.118
8,730
5,495
4,833
432
230
3,235
9,094
^ 9,679
5,723
6,199
5,074
5,523
411
394
238
282
3,370
3,480
1965 2/...............
1969 2/...............
f
1970..................
1971 2/...............
f
1972-Sept.............
Dec. 2/..........
f
1973-Mar..............
10,633
7,011
6,112
462
437
3,622
June.............
10,949
7,254
6,392
504
358
3,696
Sept p ...........
11,495
7,640
6,690
536
414
3,855
Note:
Breaks in series arising from changes in reporting coverage which
for earlier quarter ends when the reporting coverage changed.
amount to $5 million or less for any year are not shown; in such
2/ Data on the two lines shown for this date differ because of changes
cases, only the figure comparable to that for the following date is
in reporting coverage. Figures on the first line are comparable in
shown.
coverage to those shown for the preceding date; figures on the second
1/ Data are shown for calendar year ends and for the most recent five
line are comparable to those shown for the following date,
quarter ends for which figures are available. Data are also shown
p
Preliminary.
April 1974
113
___________________________ 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 millions of dollars)
Calendar year
1972
1973
Country
1970
1969
1971 1 /
Sept.
Dec . 1/
Mar.
June
Sept. p
15
112
21
31
275
265
52
201
118
21
24
169
53
63
7
',482
21
*2
48
25
Europe:
Other Eastern Europe...........
14
62
15
18
208
192
35
191
69
13
16
125
40
63
9
957
13
13
14
13
14
60
15
18
202
192
34
186
68
13
16
124
40
63
9
947
13
13
14
13
15
63
19
16
188
200
30
174
71
19
20
130
45
57
8
992
11
11
30
17
20
62
28
23
220
176
39
194
78
17
21
137
56
79
47
1,044
12
14
23
19
1,182
12
12
23
19
1 ,4 2 2
12
3
19
10
47
17
11
150
209
28
163
62
16
15
81
40
47
8
698
17
9
1
23
9
26
15
17
109
20
21
315
273
40
201
96
19
25
140
49
90
14
1,400
18
9
73
19
Total Europe...................
1,909
1,652
2,080
2,052
2,117
2,309
2,517
2,888
2,949
3,025
Canada...........................
842
769
909
781
996
899
965
1,360
1,300
1,330
54
87
86
41
33
1
148
19
30
7
56
90
6
17
677
61
188
120
48
37
1
156
18
36
6
67
99
9
29
874
55
366
150
47
46
1
151
21
34
5
81
101
9
24
1,090
54
366
52
519
163
33
39
1
154
20
36
7
74
96
11
23
1,226
59
520
175
33
a
1
180
19
40
4
89
91
12
23
1,289
79
585
169
34
40
1
183
74
36
4
92
95
13
34
1,439
74
571
172
31
40
1
195
72
33
5
106
96
12
44
1,451
60
766
178
29
36
1
204
72
34
5
101
102
11
90
1,688
65
744
202
34
44
1
187
91
37
5
103
125
9
105
1,753
*
19
11
37
12
36
255
28
40
15
117
572
*
33
17
34
21
23
323
42
30
11
145
678
.
*
67
24
33
33
31
456
63
49
15
201
972
*
65
32
34
34
31
473
63
48
23
203
1,007
1
61
31
32
39
34
518
48
47
25
191
1,026
11
76
34
29
36
27
506
41
47
24
203
1,033
48
77
36
32
41
28
632
48
52
27
203
1,224
9
4
30
Finland........................
France.........................
Netherlands....................
Norway.........................
Spain..........................
Sweden.........................
Turkey.........................
United Kingdom.................
Yugoslavia.....................
Other Western Europe...... .
Latin Amerlaa:
Argentina.........................
Bahamas
.......................
Brazil...........................
Chile............................
Colombia.........................
Cuba.............................
Mexico...........................
Panama.......... .................
Peru.............................
Uruguay..........................
Venezuela........................
Other Latin American Republics....
Netherlands Antilles and Surinam..
Other Latin America..............
Total Latin America............
Asia:
China, People's Republic of
(China Mainland)..............
Hong Kong......................
Israel.........................
Korea..........................
Other Asia.....................
Africa:
Egypt..........................
Other Africa...................
Other countries:
Australia......................
All other......................
5
59
16
7
122
219
19
155
64
17
10
77
32
45
12
999
18
4
42
88
148
46
45
1
151
21
34
5
81
99
9
24
1,084
19
73
29
25
228
195
35
202
64
16
19
157
57
82
48
.
14
121
26
21
288
245
36
204
97
18
19
159
45
87
n
14
1
41
24
37
29
23
411
68
49
15
146
844
1
41
23
35
28
22
405
68
48
15
830
1
51
22
36
32
18
452
57
63
14
171
918
9
3
30
3
47
92
9
3
a
6
97
156
9
2
41
6
97
155
7
3
45
7
61
122
7
3
53
5
73
140
16
4
52
8
&L
164
25
5
56
16
7?*
179
23
3
51
15
88
181
28
5
60
19
85
197
80
15
80
17
98
92
18
110
94
20
114
85
22
107
81
24
105
75
26
101
89
22
111
ILL
.
Total other countries..........
60
10
70
94
83
19
102
Total foreign countries..........
4,159
4,159
5,182
5,000
5,490
5,723
6,199
7,010
7,253
7,639
*
1
4
4
5
1
1
1
1
*
4,159
4,160
5,185
5,004
5,495
5,723
6,199
7,011
7,254
7,640
l/
Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
2 / Through December 31, 1972, Bermuda included with Bahamas,
*
Less than $500,000.
p
Preliminary,
Treasury Bulletin
114
_____________________________ CAPITAL MOVEMENTS______________________________
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-3. - Short-Term Claims, by Type and Country, as of September 30, 1973
Preliminary
(Position in millions of dollars)
Payable in foreign currencies
Total
short-term
claims
Country
Payable in
dollars
Deposits with banks abroad
in reporter’s cwn name
Other short-term claims
payable in foreign currencies
*
4
1
*
*
31
1
7
13
1
*
2.
1
3
■*
34
*
*
*
*
15
112
21
31
275
265
52
201
118
21
24
169
53
63
17
1,482
21
12
48
25
14
94
20
30
253
220
50
179
92
19
23
164
52
58
16
1,345
20
11
48
24
1
14
*
*
14
14
*
15
14
1
*
3
*
3
1
103
*
*
*
*
3,025
2,732
185
108
1,330
1,067
55
209
65
744
202
34
44
1
187
91
37
5
103
125
9
105
57
738
188
33
42
*
183
86
32
5
96
114
9
90
1
6
11
*
1
1
*
5
3
*
4
5
*
15
7
*
4
*
1
1,753
1,672
51
29
48
77
36
32
41
28
632
48
51
27
203
48
74
29
25
41
27
419
47
46
26
186
1
1
6
•*
*
193
*
1
*
8
2
6
1
*
2
20
1
4
*
9
1,224
969
209
46
28
5
60
19
85
24
4
48
16
74
4
1
2
1
7
1
*
9
1
3
Total Africa...................
197
166
15
15
All other......................
89
22
62
20
21
1
6
1
111
82
22
7
7,639
6,689
536
414
*
*
-
-
7,640
6,690
536
414
Belgium-Luxembourg..............
Finland........................
Other Western Europe...........
Latin America:
Chile..........................
Venezuela......................
Other Latin American Republics..
Netherlands Antilles and Surinam
Asia:
China, People’s Republic of
(China Mainland).........
!
India..........................
Indonesia......................
Thailand.......................
Africa:
Egypt..........................
lateiTOttQiftl and iretrforel........................
x Less than $500,000.
-
-
3
1
2
*
3
6
•*
1
-
A pril
1
9
7
4
_______________________________________
CAPITAL M O V E M E N TS_______________________________________________
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-4. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns by Type
(In million of dollars^
1
End of
calendar year
or month
1965 2/..............
Payable in dollars
Total
short-term
liquid
claims
r
\
917
844
Payable in foreign currenci es
Deposits
Denosdts
Short-term
Total
Demand
691
625
Time
19
19
557
549
Short-term
Total
investments 1/
Demand
114
57
Time
227
219
45
45
90
86
investments 1/
92
88
1966.................
973
805
58 *
699
48
168
40
69
59
1967 2/..............
r 1,078
V. 1,163
901
985
66
66
702
786
133
133
177
178
50
51
77
77
49
49
1968.................
1,638
1,306
28
49
1969 2/..............
( 1,313
1,068
1,222
V. 1,491
1,192
‘
87
332
951
1,062
116
161
250
269
174
183
222
60
76
86
1970.................
1,141
847
697
150
294
173
121
1971.................
f 1,648
V. 1,507
1,295
1,205
1,092
1,078
203
127
354
302
234
234
120
68
( 1,965
V 2,255r
1,615
l,84Sr
1,446
l,792r
169
55
350
408r
307
340r
42
68
3,095r
2,557r
2,52>0r
537r
+25r
ll3r
1972 2/..............
1973.................
37r
1973-Jan............
Feb............
Mar............
Apr.............
May............
June...........
2,468r
3,002r
3,087r
3,047r
3,194r
3,209r
2,028r
2,398r
2,448r
2,397r
2,550r
2,622r
V ?37r
2,228r
2,292r
2,278r
2,420r
2,549r
92 .
170
156
118
130
74
439r
604r
639r
650
644
587
346r
380r
414r
416
433
453
93
224
225
234
211
134
July...........
Aug............
Sept........... .
Oct............ .
Nov............ .
Dec............ .
3,272r
3,36lr
3,224r
2,907r
3,152r
3,095r
2,630r
2,667r
2,588r
2,310r
2,581r
2,557r
2,494r
2,585r
2,510r
2,244r
2,517r
2,520r
136
82
78
66
64
37r
642
694r
636r
597r
571r
537r
475
486r
476r
449r
435r
425r
167
209
161
148
136
113r
2,804
2,286
2,234
52
517
363
154
1974-Jan............
Note: *Data represent the liquid assets, abroad'of large nonbanking concerns in the United States. They are a portion of the total claims on
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.
\J .Negotiable and other readily transferable foreign obligations payable
on demand or having a contractual maturity of not more than one year
Ffom the date on which the obligation was incurred by the foreigner,
2/ Data on the two lines shown for this date differ because of changes
in reporting coverage or classification. Figures on the first line are
comparable to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date,
r Revised.
Table CM-IV-5. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns by Country
(Position at end of period in millions of dollars)
1974
1973
Calendar year
Country
1970
Dec.
Jan.
61
15
17
23
9
5
l,044r
51
11
10
16
6
6
l,050r
42
13
5
8
3
11
1,047
1973
Aug.
Sept.
Oct.
Nov.
51
11
10
16
6
6
l,050r
62
44
36
15
10
6
l,068r
61
23
20
18
23
5
l,088r •
45
23
21
26
10
5
992r
1972 1/
1971 1/
Belgium-Luxembourg.......
France...................
Germany..................
Italy....................
Netherlands............. ;
Switzerland..............
United Kingdom...........
6
12
31
15
6
7
372
14
39
4
22
3
6
577
14
39
3
22
• 3
6
580
21
23
5
16
2
21
702
34
23
13
17
2
21
872r
Canada...................
436
587
443
485
535
775r
940r
891r
88lr
922r
775r
770
Bahamas 2/...............
144
259
259
459
485
593r
815
713
527
607
593r
451
Japan.....................
58
77
77
132
137r
299r
194
235r
233
265r
299r
294
All other countries j/ . ...
54
61
61
100
116
278r
170
147
U5
183
278r
161
i,i4i
1,648
1,507
3,36lr
3,224r
2,907r
3,152r
3,095r
2,804
Total......... ;..........
1,965
2,255r , 3,095r
N o t e * D a t a represent the
cerns in the United States. They are a portion of the /total claims
on foreigners reported by nonbanking concerns in the United States and
are included in the figures shewn in Tables CM-IV-1 through CM-IV-3.
1/ Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the firsc column are comparable in
2/
V
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
Through December 31, 1972, Bermuda included with Bahamas.
Includes the liquid claims of $500 thousand or more held by reporting
concerns in any country not listed above.
r Revised.
Treasury Bulletin
116
____________________________ CAPITAL MOVEMENTS
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-6. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns,
by Type and Country, as of January 31, 1974
(Position in millions of dollars)
Payable in foreign currencies
Payable in dollars
Country
short-term
liquid
claims
Total
Deposits
Short-term
investments 2/
Total
Deposits
Short-term
investments 2 /
Belgium-Luxembourg............
France........................
Germany.......................
Italy.........................
Netherlands............ .......
Switzerland...................
United Kingdom................
42
13
5
8
3
11
1,047
34
3
2
3
3
8
983
•
19
8
10
3
5
*
2
63
8
10
3
5
*
2
63
-
2
3
3
8
964
Canada.......... ..............
770
565
539
26
205
53
151
Ttohaiwftg............... ........
451
450
450
-
1
1
-
159
*
Japan............. ............
Total.........................
34
—
294
134
131
3
159
161
101
97
3
61
58
3
2,804
2,286
2,234
52
517
363
154
Note:
Data represent the liquid assets abroad of large nonbanking concerns
in the United States. They are a portion of the total claims on 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.
1/ Negotiable and other readily transferable foreign obligations payable
on demand or having a contractual maturity of not more than one year
from the date on which the obligation was incurred by the 'foreigner,
2/ Includes the liquid claims of $500 thousand or more held by reporting
concerns in any country not listed above.
* j^gg than $5 qq q q o .
A pril 1974
117
..CAPITAL MOVEMENTS,.
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-7. - Long-Term Claims by Country
(Position at end of period in millions of dollars)
Calendar year
1973
1972
Country
1969
Austria...... .....
Belgium-Loxembourg...
Total Europe.
flanada.....
Argentina................... .
Bahamas 2 /...................
Brazil.......................
Chile........................
Colombia,................... .
Cuba........................ .
Mexico...................... .
Panama.......................
Peru........ ................
Uruguay.......... ...........
Venezuela....................
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America..........
Total Latin America.
Asia:
China, People's Republic of
(China Mainland)..........
China, Republic of (Taiwan).
Hong Kong..................
India......................
Indonesia..................
Israel...,.................
Japan......................
Korea......................
Philippines................
Thailand...................
Other Asia.................
Total Asia.
4
7
6
6
20
21
22
20
6
57
67
40
333
28
15
54
41
350
27
14
71
36
7
53
54
343
25
13
70
34
28
15
3
17
Other Western Europe.
U.S.S.R............
Other Eastern Europe.
2
4
7
16
Finland............
France.............
Yugoslavia..........
2
3
14
6
58
125
88
10
312
13
22
22
19
67
40
333
28
15
83
86
86
86
68
51
43
43
1
5
152
3
14
10
6
6
8
3
146
4
2
2
128
128
15
128
13
13
14
11
12
12
11
Mar.
JL/
1
4
7
3
19
4
1
Germany.............
Sept.
1
4
7
3
19
5
Denmark.............
Greece.............
Italy..............
Netherlands........
Norway.............
Portugal ..........
Spain..............
Sweden.............
Switzerland........
Turkey.............
United Kingdom......
1971 1/
1970
163
16
11
7
7
7
6
26
7
43
55
366
28
16
65
34
29
27
187
16
12
*
JL
7
595
854
832
832
823
878
944
562
669
761
767
805
833
857
59
70
25
187
238
32
9
64
35
16
4
30
239
65
3
177
200
22
9
77
29
21
71
3
183
261
38
9
60
29.
30
1
2
20
23
143
44
66
66
4
174
216
34
9
60
29
28
4
30
225
4
174
217
34
9
60
29
28
4
30
225
56
9
177
238
31
9
63
22
32
3
23
234
8
184
236
30
9
60
36
16
4
30
223
7
6
3
6
43
8
41
64
388
33
15
64
32
46
26
151
15
11
*
7
967
*
7
7
4
6
53
8
39
73
379
34
15
59
29
49
27
174
14
10
Sept. p
8
10
4
6
52
13
39
74
381
35
15
58
27
52
25
211
14
5
15
7
1,052
*
-
7
997
871
■TTTTZgBfe
4
June
882
SSSSSSS^B
66
115
165
252
20
9
63
37
15
2
31
244
*
3
54
129
146
252
19
10
65
42
18
15
30
245
58
130
152
251
21
9
71
44
18
10
38
244
.
*
*
4
4
674
861
886
887
902
902
19
1
14
9
50
29
33
33
2
2
2
13
17
46
15
15
21
21
142
140
79
38
9
52
81
42
43
1
18
36
71
132
75
61
18
66
39
1
17
28
74
156
85
63
16
83
40
1
18
32
75
134
69
63
16
86
42
1
18
31
87
124
70
61
16
87
1
52
1
17
31
86
138
69
58
17
85
20
55
1
17
31
'84
152
76
70
18
103
562
533
538
554
626
_ 9 5 3 ^
1,022
.
412
47
49
141
79
48
17
62
432
468
461
522
4
1
4
1
6
6
4
*
9
16
41
136
85
48
17
62
Africa:
Egypt............
Morocco......
South Africa..
Zaire........
Other Africa..
Total Africa..
QtteE, SMrtrigg:
Australia....
All other....
5
4
*
*
15
5
77
18
1
80
19
1
79
115
12
116
16
64
*
75
*
75
75
75
71
86
86
89
87
82
101
59
5
78
5
77
5
88
100
5
5
102
5
110
11
3,476
3,619
^ 6 9 2 ^
3,480
3,622
3,696
41
5
Total other countries....
______
127
■
Itt n
regional*
Grand total..... ..........
1/
4
*
2
1
74
69
Total foreign countries....
International
4
*
9
1
72
Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
3,370
Zl
*
p
Through Decentoer 31, 1972, Bermuda included with Bahamas.
Less than $500,000.
Preliminary.
3,855
118
Treasury Bulletin
-------------------------------—
CAPITAL MOVEMENTS
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-1. - Foreign Purchases and Sales of Long-Term Domestic Securities, by Type
(In millions of dollars-; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Marketable Treasuiy bonds and notes
Corporate and other securities
Net foreign purchases
Calendar year
or month
Foreign countries
Total
1958...........
1959...........
I960...........
1961...........
1962...........
1963...........
Official
insti
tutions
36
689
127
512
-728
671
-338
-76
-616
-43
-489
-45
56
1,672
Other
foreign
ers
Inter
national
and
regional
-237
524
-98
-20
-207
369
Gross
foreign
sales
1,188
528
1,603
1,231
2,508
1,196
1,487
1,153
1,296
629
932
574
634
74?
1,043
2,433
Bonds 1/
Net
Gross
foreign
foreign
purchases purchases
Stocks
Net
Gross
Gross
foreign foreign
foreign
sales
purchases purchases
Gross
foreign
sales
3,316
290
-59
-20
-245
48
-380
-115
-41
1,661
3,281
450
36
95
56
30
51
59
123
-119
-22
6
57
-165
1,224
1,217
1,730
1,744
1,780
1,867
1,149
1,077
680
585
443
528
691
2,414
4,358
2,723
1974-Jan-Feb. p.
-477
-509
-20
52
481
958
252
-78
1,206
1,284
330
1,714
1,384
1973-Feb.......
Mar.......
Apr.......
Ma y .......
June......
515
554
31
-48
-71
-52
3
23
-15
-1
-12
10
-9
-33
-69
604
555
43
131
8
89
2
12
179
79
716
1,109*
525
41
188
270
759
385
161
54
480
1,076
697
364
321
210
317
313
204
267
446
350
141
-120
134
1,282
1,144
868
778
766
835
793
728
898
632
July......
Aug.......
Sept......
Oct.......
Nov.......
-79
-51
40
29
-691
-501
-28
8
15
-722
-521
-9
-39
12
27
36
19
-71
17
20
-13
-5
1
120
46
132
260
149
102
200
96
91
231
840
603
316
3a
214
95
409
880
972
948
1,368
1,481
-43 2
-45
-472
-37
19
-39
20
31
59
422
491
467
441
357
226
439
466
491
724
482
334
234
228
463
618
1974-Jan. p ....
Feb. p ....
106
123
-2
-25
-151
-14
68
-046
505
656
628-
-5
174
156
873
973
741
564
631
734
1,272
1,071
878
799
585
1965...........
1966...........
1967...........
1968...........
1969...........
1970...........
1971...........
1972...........
1973...........
1/
•
579
540
16
*
-f
273
165
224
532
-521
302
-315
-151
-427
-121
-161
11
-25
130
Gross
foreign
purchases
Net
foreign
purchases
of
corporate
and other
securities
Data include transactions in issues of states and municipalities, and
of corporations arid other agencies of the U.S. Government.
*
-‘p
•
-39
435
252
223
60
207
-173
-375
67 8
1,070
4,234
2,688
1,582
1, *
4,058
4,723
1.871
1,924
4,713
5,809
344
296
392
416
359
246
284
637
542
1,929
2,481
1,853
1,543
2,263
2,842
3,885
422
464
212
71
258
-19
242
10
17
73
50
-99
-51
9
176
38
1,011
313
1,964
1,202
956
361
'369
4^2
317
308
256
461
675
1,553
2,243
4,446
3,054
2,499
(<*>,
-56
1,397
363
2,224
202
1,977
3,067
323
111
2,260
198
2,724
-349
3,076
3,720
-413
4,740
-333
757
8,033
2,270 13,118
1,487 12,429
626
8,927
731 11,626
2,188
14,361
2,799
12,760
1,454
1,862
1,775
2,745
2,149
2,527
3,425
4,133
5,074
7,276
10,848
10,942
I 8,301
i 10,894
12,173
9,961
Less than $500,000.
Preliminary.
Table CM-V-2. - Foreign Purchases and Sales of Long-Term Foreign Securities by Type
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States^
Net foreign
Foreign bonds
Foreign stocks
purchases
Calendar year
Net Foreign
Gross foreign
Gross foreign
Net foreign
Gross foreign
of foreign
or month
purchases
purchases
sales
purchases
purchases
securities
Gross foreign
sales
1958.................
1959.................
1960.................
1961.................
1962.................
1963.................
1964.................
1965.................
1966.................
1967.................
1968.................
1969.................
1970.................
1971.................
1972.................
-1,363
-750
-645
-830
-1,048
-1,044
-728
-953
-685
-1,320
-1,695
-1,547
-915
-984
-651
-807
-1,026
-512
-562
-460
-944
-1,095
-928
-1,242
-914
-1,163
-1,380
-1,029
-951
-935
-1,060
-983
889
946
883
802
1,093
991
915
1,198
1,778
2,024
2,306
1,552
1,490
1,687
1,901
1,471
1,915
1,458
1,445
1,262
2,037
2,086
1,843
2,440
2,692
3,187
3,686
2,581
2,441
2,621
2,961
2,454
-336
-238
-83
-370
-104
51
200
290
229
-157
-314
-517
35
-49
409
176
467
566
509
596
702
696
748
906
960
880
1,252
1,519
1,033
1,385
2,532
1,729
1^ 554
1974-Jan-Feb.p.......
-354
-338
171
509
-17
396
413
1973-Feb.............
Mar.............
Apr.............
May.............
June............
49
116
-166
2
34
1
19
-175
-10
22
145
144
117
140
125
144
125
292
150
103
49
97
9
12
12
194
211
121
137
123
145
114
112
125
111
July............
Aug.............
Sept............
Oct.............
Nov.............
Dec.*...........
-105
-69
-25
-240
-225
49
-106
-61
-34
-238
-202
.64
101
96
67
97
103
143
207
157
101
336
305
209
1
-8
10
-2
-22
15
108
117
115
129
156
159
107
125
105
131
178
144
1974-Jan.p...........
Feb.p...........
-291
-63
-292
-45
71
100
364
!45
2
-18
209
187
207
205
*
p
Less than $500,000.
Preliminary.
,
804
804
592
966
806
644
548
617
731
1,037
1,566
2,037
998
"!,434
o I?'.
119
A pril 1974
.CAPITAL MOVEMENTS.
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-3. - Net Foreign Transactions in Marketable Treasury Bonds and Notes by Country
(In millions of dollars: negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
1973
1974
Country
1970
1972
1971
1973
Sept.
Oct.
Nov.
Dec.
Jan. p
_
.
_
5
*
*
*
-1
15
-
Feb. p
Europe:
Italy..........................
Norway.........................
Portugal.......................
Spain..........................
Switzerland....................
Turkey.........................
United Kingdom.................
Canada...........................
Latin .America:
Argentina......................
*
5
-8
*
*
*
*
*
*
7
*
96
*
*
*
-1
*
*
*
*
*
*
*
4
26
-149
55
-1
*
*
*
*
*
*
*
*
■*
79
-15
4
*
*
*
1
*
1
1
•*
*
5
*
150
-11
95
*
*
1
*
*
*
*
30
*
11
-
100
-68
67
242
377
~
*
*
*
*
*
-*
*
_
*
*
-76
„
2_
Peru...........................
Uruguay........................
Venezuela......................
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America............
*
2
_
*
_
_
*
*
*
*
1
*
*
_
*
_
_
*
_
*
*
*
-l
*
Total Latin America............
2
Chile..........................
Colombia, ##....................
Cuba...........................
Mexico.........................
Asia:
China, People’s Republic of
(China Mainland)..............
China, Republic of (Taiwan)....
Hong Kong......................
India..........................
Indonesia......................
Israel.........................
Japan..........................
Korea..........................
Philippines....................
Thailand.......................
Total Asia.....................
Africa:
Egypt..........................
Morocco........................
South Africa...................
Zaire..........................
*
*
_ .
*
*
_
_
■*
*
*
*
*
1
Ill
_
*
*
*
*
*
70
-4
23
_
-
*
*
*
*
*
43
-
-
-
42
42
112
89
18
37
*
*
7
.
15
235
_
*
*
_
_
_
_
*
_
_
_
_
*
*
*
_
*
_
_
2
*
_
*
_
_
_
_
_
*
_
*
_
_
*
_
_
_
*
_
_
-
-
-
-
_
*
*
3
2
*
1
_
_
*
_
_
_
*
_
1
*
*
7
1
*
2
*
*
*
20
*
*
*
*
*
-1
2
_
*
-20
_
*
1,662
~
*
*
*
_
*
_
_
■*
2,663
*
_
*
_
*
_
_
171
2
_
-1
_
*
_
.
_
*
2
_
*
_
_
_
_
_
_
_
-807
_
_
_
_
_
_
-591
_
_
_
_
_
_
-
-
-
_
-486
_
.
_
*
20
1,642
2,664
173
2
-
-807
-591
-486
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
—
-
_
-
_
_
_
*
*
*
-1
*
*
*
25
*
13
*
_
*
*
_
_
*
_
_
_
_
_
_
-348
_
_
-348
-1
_
_
_
35
-35
125
25
-25
-
-
_
_
_
*
Total Africa...................
35
-35
125
25
-25
-
-
*
-
-1
Qthey cqitfrtrles:
Australia......................
All other......................
*
*
*
_
25
*
_
_
_
•*
_
_
_
_
_
«
_
_
Total other countries..........
*
*
25
*
-
*
-
_
Total foreign countries..........
82
1,542
3,258
455
20
42
—686
-502
International..... .............
Latin American regional........
Asian regional.................
-31
6
-
124
6
*
60
-3
-
-185
20
-
20
_
-
-15
2
-
-5
1
-
1
-
Total international and regional
-25
130
57
-165
20
-13
-5
1
56
1,672
3,316
290
40
29
-691
-501
_
-4 5 a..
-
_
-77
International and regional:
Grand total......................
1/
p
Through December 31, 1972, Bermuda included with Bahamas,
Preliminary.
*
Less than $500,000.
_
19
1
20..
-432
31
.... 21..
-45
120
Trearury Bulletin
CAPITAL MOVEMENTS.
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-4. - Estimated Foreign Holdings of Marketable Treasury Bonds and Notes by Country
(Position at end of period in millions of dollars)
1974
1973
Calendar year
Country
1971
1972
Sept.
197?
Austria............
Belgium-Luxembourg...
Denmark.............
1
Finland............
France.............
Germany............
Greece.............
2
3
*
*
1
Italy...............
1
1
6
60
85
45
323
327
71
71
235
34
1
2
1
2
3
*
*
3
*
*
3
*
*
1
2
3
1
2
8
*
*
<£
9
*
*
1
1
1
1
5
*
5
*
X
1
5
*
5
*
5
*
1
165
38
—
71
•
—
71
71
—
-
-
5
5
5
5
789
546
700
181
558
567
560
560
567
4,380
4,552
4,391
4,563
1
1
1
235
33
260
32
_
423
437
450
—
71
71
71
5
789
5
5
808
845
567
582
817
*
4
*
4
*
*
*
*
*
*
*
*
*
*
*
4
4
*
*
*
*
4
*
*
*
*
*
*
*
-
-
4
-
_
-
.
_
*
*
*
*
*
*
*
*
*
*
*
4
-
-
-
-
-
4
-
1
2
1
1
2
1
4
3
4
3
_
4
3
4
3
2
1
2
1
2
1
12
12
14
14
14
14
*
—
*
—
*
-
*
*
*
1
1
1
1
*
5,950
*
5,143
1
1
*
5,950
_
*
4,552
_
*
4,066
_
*
3,718
*
*
2
1,727
*
7
*
*
14
1,717
*
—
547
Total Latin America.
5
400
480
Mexico.....................
Panama.....................
Peru......*................
Uruguay....................
Venezuela..................
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America.........
Total Africa..
1
2
1
Colombia.............. ......
Cuba.........................
Africa:
Egypt.....
Morocco......
South Africa..
Zaire.......
Other Africa.•
*
7
*
165
37
—
290
Argentina..................
Bahamas l/..................
Brazil.....................
Chile......................
Total Asia.
*
7
*
1
tatlnAnsrtfift:
Asia:
China, People’s Republic of
(China Mainland)...........
China, Republic of (Taiwan)...
Hong Kong..................
India......................
Indonesia...................
Israel......................
Japan......................
Korea......................
Philippines.................
Thailand...................
Other Asia..................
*
7
*
165
37
71
Feb. p .
«
7
*
247
423
Jan. p
*
7
*
22
00
5
*
1
Dec.
VJ»
Total Europe.......
5
Nov.
CM
Netherlands........
Norway.............
Portugal ..........
Spain..............
Sweden.............
Switzerland........
Turkey.............
United Kingdom......
Yugoslavia.........
Other Western Europe.
U.S.S.R............
Other Eastern Europe.
Oct.
2
1
2
2
*
*
*
*
*
*
2
8
♦
2
8
8
5,961
5,961
-
•
-
*
*
*
_
5,154
*
2
2
*
*
*
*
8
8
8
4,563
4,077
3,729
*
*
•
*
_
133
157
158
158
158
157
133
158
158
158
158
158
158
157
25
25
25
25
25
25
25
25
________ 1 Z
L-
157
Otter ggffltrlw
Australia....
All other....
25
25
25
25
25
25
2.404
5.661
6,116
7,261
7,303
6,617
6,116
5,663
5,587
126
30
186
28
1
21
6
1
20
48
45
47
51
49
*
*
47
*
Total other countries......
Total foreign countries......
25
.25.
‘ International and regional!
International..............
Latin American regional....;.
Asian regional.............
Total international and regional
Grand total.
66
214
5,874
6,164
Note: Data represent estimated official and private holdings of marketable
U.S. Treasuiy securities with an original maturity of more than one year.
Data are based on a benchmark survey as of January 31, 1971 and the
monthly transactions reports. For statistical convenience, the new series
7,327
1/
*
p
.......
J&
7,356
6,665
1
48
*
49
•y
49
69
100
6,164
5,732
5,687
¥■
is introduced as of December 31, 1970, rather than as cf the survey date
Through December 31, 1972, Bermuda included with Bahamas.
Less than $500,000.
Preliminary.
April 1974
121
CAPITAL MOVEMENTS
Section V - 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 Treasury Bonds and Notes, by Country
.a MS to BUMdLBff gi BBgihHUb,AgyBlI UflB IIIHT.ftfl fla ftg a ),
Calendar year
1974
1973
Country
1970
Austria............
Belgium-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.
Total Europe.......
Latin America:
Argentina....................
Bahamas 1/...................
Brazil......................
Chile.......................
Colombia.....................
Cuba........................
Mexico..................... .
Panama......................
Peru........................
Uruguay.....................
Venezuela...*.................
Other Latin African Republics.
Netherlands Antilles & Surinam.
Other Latin America..........
Total Latin America.......
Asia;
China, People*8 Republic of
(China Mainland).........
China, Republic of (Taiwan).
Hong Kong.................
India....................
Indonesia.................
Israel...................
Japan....................
Korea....................
Philippines...............
Thailand..................
Other Asia......... ......
Total Asia.
1971
*
85
-1
6
7
2
2
2
30
5
*
35
48
1
15
37
-18
*
3
15
35
*
5
-1
13
*
1973
Sept.
6
1
1
336
77
-1
48
74
31 .
*
4
*
2
-33
*
*
*
-2
*
-19
46
*
3
28
307
1
6
134
*
118
*
197
*
327
*
2
2
*
-
135
*
357
*
188
-
1
1
275
317
*
464
612
1,293
1.206
128
37
82
.— 49
*
5
*
*
*
*
7
*
*
3
1
21
1
*
18
2
*
*
4
1
*
14
*
*
-1
-1
Oct.
1
-1
*
28
76
*
_
S5L
124
*
*
■,sA,,.
-----L—
9
*
*
-3
*
3
*
*
*
*
-7
*
16
25
19
22
44
l
1
*
*
3
*
*
*
*
-11
-2
6
580
*
*
*
*
*
*
ll
*
*
*
*
*
*
*
*
4
*
*
*
313
*
*
323
588
ll
1
*
*
*
—
2
*
*
*
*
*
2
*
*
*
10
1
2
*
*
1
2
*
*
22
28
*
*
*
-
-2
1
*
1
1
6
*
-1
Morocco.....
South Africa.
Zaire......
Other Africa.
*
*
*
Total Africa.
1
*
*
*
-14
-21
1
-12
*
Otter Wttrtrfcg:
25
*
#
1
-
-2
1
*'
*
-
-1
*
*
*
1
*
8
8
*
*
-1
*
1
*
*
-
1
*
*
*
*
-2
2
_
-
*
*
*
*
*
*
*
9
324
*
39
*
-
145
*
3
26
*
39
148
26
-39
-118
684
1,871
1,924
-2
-25
-39
i
-
30
-5
*
*
_
*
-183
_
*
*
*
*
-209
*
*
*
-104
•120
-104
-119
*
-183
-£02. -
*
-
37
J2L
14
16
*
*
645
Note: Data include transactions in issues of states and municipalities,
and of corporations and other agencies of the U.S. Government.
1/ Through December 31, 1972, Bermuda included with Bahamas.
#
*
*
*
International and regional:
International.................
Eurppean regional.............
Asian regional................
Grand total....................
*
*
*
*
10
44
8
*
1.898
117
*
*
*
*
*
-
*
*
1,723
.2L.„.
956
*
*
*
*
*
I
_
*
-21
Total international and regional
*
*
*
632
Total other countries.... .....
*
152
_
*
Total foreign countries,........
-2
23
_
.... - L -
—
-1
-1
l
2
-15
1
*
3
4
*
*
*
23
37
*
60
i
*
*
*
-2
-1
10
, A
*
Feb. p
9
*
*
5
*
*
Jan. p
1
1
11
-2
(
*
5
2
*
#
4
*
*
*
46
*
-14
Dec.
*
-1
1
*
14
... 36,..
Nov.
*
*
<*
*
53
*
*
*
*
*
*
*
*
—
*
*
*
*
*
Africa:
Egypt.......
Australia.....
All other.....
1972
*
-
93
-103
-16
48
-97
-118 .
-
-43
1
20
-49
I.,.., 1
20
-49
jE
-146
Preliminary.
Less than $500,000.
--- —
-151
.
■■
____ =12_____
Treasury Bulletin
122
______________________ CAPITAL MOVEMENTS_______________________
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-6. - Net Foreign Transactions in 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)
Calendar year
Country
1972
1973
3
38
-1
-7
87
131
-1
32
219
2
5
6
-3
168
-2
-49
-1
*
1
4
51
6
1
372
-51
10
36
297
-1
23
6
-4
642
2
561
*
3
*
*
13
150
*
*
439
2
18
62
339
11
9
11
*
685
3
366
6
7
*
1
13
*
*
63
6
1
-2
18
1
*
-1
-1
54
*
15
*
1
-
482
627
1,958
2,119
-9
-93
-78
99
1970
1971
-2
-10
*
*
58
195
1
38
128
3
2
3
-7
110
-2
-33
*
-2
*
*
1974
1973
Sept.
Oct.
Nov.
Dec.
1
3
1
*
6
-7
1
8
5
*•
1
5
3
-34
•*
68
*
*
-
2
17
-1
*
106
27
1
-2
54
3
*
1
68
*
67
*
*
1
7
*
*
30
9
2
-4
32
-3
*1
-1
-64
*
-25
1
-
*
. 29
-1
*
68
4
1
-2
37
-7
1
1
*•
45
*
27
*
1
.
*
169
61
343
-12
202
*
-26
-18
-8
*
9
•*
*
*•
*
1
2
*
*
*
9
7
*
6
*
*
*
*
-2
2
*
*
-2
*
12
2
*
1
*
*
*
*
1
-3
-1
*
1
*
-4
-4
*
-3
•*
*
*
*
3
4
*
•X
X
*
-11
3
Jan. p
Feb. p
Europe:
Turkey.........................
Yugoslavia.....................
Other Eastern Europe...........
Canada...........................
Latin America:
Argentina........ ..............
___-27
X
27
*
*
39
5
*
3
52
*1
2
*
40
*
-5
*
1
_
■X
163
.
*
Venezuela......................
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America............
*
14
1
1
■*
*
9
-3
-1
-1
6
•*
26
-4
-3
46
-1
-1
*
*
-6
5
-1
-1
-4
-7
13
-1
5
*
*
-1
5
-3
*
-1
-7
13
-35
-7
■*
-17
*
*
*
*
6
19
-1
1
-2
-3
-35
31
Total Latin America............
47
37
-32
-1
27
16
-9
-4
*
*
50
-2
*
*
48
*
2
-2
11
*
*1
56
-2
*
4
159
*
4
*
34
*
-1
23
*
-1
4
495
-2
1
-1
60
*
4
*
*
1
8
*
*
*
9
*
4
*
*
*
37
*
*
*
*•
1
4
*
*•
1
97
*
*
*
5
*
*
-1
*
*
*
30
_
*
4
*
*
*
28
_
*
-1
*
*
*
-8
Korea..........................
Philippines....................
Thailand.......................
Other Asia.....................
*
*
55
*
*
2
10
*
1
*
16
*
*
5
■*
*
*
*•
Total Asia........ .............
85
108
256
577
21
Africa:
Egypt..........................
Morocco........................
South Africa...................
Zaire..........................
Other Africa...................
*
-1
*
*
-1
*
*
*
*
1
*
*
-1
*
-1
-1
*
-5
*•
2
Total Africa...................
-1
*
-1
Other countries:
Australia......................
All other......................
1
-2
*
*
-1
Brazil..........................
Chil*..........................
Panama.........................
Asia:
China, People's Republic of
(China Mainland)..............
China, Republic of (Taiwan)....
India........................ ..
Indonesia......................
Israel.........................
¥■
41
3_4_.
*
-11
*
*
*
_
3
1
*•
1
*
*
1
1
*
*
1
-1
7
2
_
-13
-8
1
.. _“42__
_
_
1
33
.
-9
*
*
*
*
*
*
•K
*
*
*
*
*
*
*
*
*
*
-1
*
*
*
•*
*
*
*
*
*
*
1
*
*
*
*•
*
*
-1
*
■*
*■
*
-4
*
*
*
-1
*
_
108
_
*
-25
*
*
*
_
Total other countries..........
1
-2
-1
*
-1
*
*
*
1
*
Total foreign countries..........
604
677
2,102
2,790
216
91
423
11
166
155
22
-
85
*
1
*
8
1
*
-
-2
*
*
-
4
*
-16
*•
*
7
*
-
53
1
-
22
54
86
9
-2
626
731
2,188
2,799
214
International and regional:
International..................
European regional..............
Asian regional.................
African regional...............
Total international and regional
Grand total.............. .......
1/
p
*
-
Through December 31, 1972, Bermuda included with Bahamas,
Preliminary.
Less than $500,000.
¥■
.... _4,..
95
-14
■*
_
_
-2,4..
409
_
-16
-5
¥■
_
— 2—
174
•*
*
*
1
156
A pril 1974
123
^CAPITAL MOVEMENTS.
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-7. - Net Foreign Transactions in Long-Term Foreign Bonds by Country
Calendsir year
1973
1
•1974 •
Country
1970
Austria.......................
Belgium-Luxembourg............
Denmark.............. .
Finland.......................
France........................
Germany.......................
Greece........................
Italy.........................
Netherlands...................
Norway........................
POrtugual.....................
Spain.........................
Sweden........................
Switzerland................ .
Turkey........................
United Kingdom................
Yugoslavia....................
Other Western Europe..........
U.S.S.R.................. .....
Other Eastern Europe..........
2
7
6
8
10
-22
x
21
19
6
3
1
-1
43
*
Total Europe..................
1971
1
-3
9
1
*
-15
*
10
11
2
*
4
-1
36
*
-19
1972
Sept.
1973;
*
5
11
-17
17
4 '
x
31
1
10
1
3
2
-24
_
1
29
7
-25
35
-4
-2
32
18
6
2
9
3
55
*
3
-30
3
-1
—
-5
—
*
*
*
108
32
8
x
-2
-
*
-2
*
-25
*
*
— Ttta..
.r39&-..
172
Laj.m America:
Argentina.....................
Bahamas l / ...................
Brazil........................
Chile.........................
Colombia......................
Cuba..........................
Mexico........................
Panama........................
Peru....... ...............
Uruguay.......................
Venezuela.....................
Other Latin American Republics.
Netherlands Antilles & Surinam.
Other Latin America...........
2
-6
1
53
-2
*
-2
-24
*
*
5
-17
1
-1
-22
7
-1
5
2
*
-12
-5
1
•3
12
-2
7
-4
-2
4
_
-2
x
-7
-3
-1
x
x
X
-
_
_
_
*
;
13
-25
*
*
-9
*
*
*
x
-7
1
*
_
-90
1
2
2
8
-2
16
*
28
-98
-33
2
-19
x
-20
10
3
1
7
1
4
6
*
1
1
-1
*
*
*
x
*
1
*
*
-1
-10
8
-47
1
4
1
-
Total Latin America........... .
10
-8
-97
-108
Asia:
China, Peoplefs Republic of
(China Mainland)............. .
China, Republic of (Taiwan)....,
Hong Kong..................... .
India......................... .
Indonesia..................... .
Israel........................ .
Japan......................... .
Korea......................... .
Philippines................... .
Thailand...................... .
Other Asia.................... .
*
2
2
-3
-161
15
-4
-1
1
14
*
9
2
-6
-209
-6
-24
*
*
2
*
13
1
-3
-215
31
-12
-50
*
15
x
Total Asia.................... .
-220
-2
x
*
X-
-4
4
2
-432
66
1
*
3
-360
-5
_
-
_
*
1
_
_
-6
*
_
-77
2
2
X-
_______ -2___
-82
~2
x
-9
1
*
x
X
-19
X
-1
*
= = =
-9
-21
*
-8
-11
1
_
4
x
1
X
X
X
-7
-14
x
1
*
X
X
-
_
_
X
-1
X
-74
1
-51
3
-15
1
-49
-1"
_
x
_
_
1
x
*
*
x
X
X
X
-126
-72
-134
-232
Africa:
Egypt......................... .
Morocco....................... .
South Africa...................
Zaire..........................
Other Africa...................
*
*
-2
_
*
_
3
*
x
_
_
-
x
_
_
_
-
-
-
_
_
_
»
..
-58
-55
5
6
*
*
l
1
1
-2
-61
-60
*
Total Africa...................
x
1
Other countries:
Australia......................
All other......................
13
10
28
6
26
6
28
8
*
2
1
*
1
2
1
Total other countries..........
23
34
32
36
2
1
1
2
Total foreign countries..........
-695
-624
-967
-1,124
-38
-242
-212
-117
International.... ,........... .
European regional..............
Latin American regional........
•Asian regional.................
-177
1
-80
-
-277
*
16
-50
-124
3
28
*
108
5
28
x
3
x
4
-
_
*
x
4
*
6
-
52
X
X
X
Total International and regional
-256
-311
-93
- iil
4
4
9
52
~r*and total......................
-951
-935
-1,060
-983
-238
-202
-A*_
-1
X
1
*
*
*
*
x
*
x
-132
5
Feb. p
X
_
_
....
Jan. p
*
-1
1
x
i
1
x
X
3
*
X
X
*
-2
-711
___ =221-
Dec.
x
x
*
*
2
1
*
*
1
*
*
*
*
-1
_
*
Canada..........................
Nov.
*
-2
*
1
*
1
*
2
*
1
1
x
x
-7
*
1
*
-1
*
*
-3
_
—
Oct.
... =75--
_
-
-51
International and regional:
\/
p
*
Through December 31, 1972, Bermuda included with Bahamas,
Preliminary.
Less than $500,000.
-
6
x
-10
-292
-45
124
Treasury Bulletin
CAPITAL MOVEMENTS.
Section 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
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
1974
1973
Country
Europe:
Austria........................
Belgiuro-Luxenibourg.............
Denmark........................
Finland........................
France.........................
Germany........................
Greece.........................
Italy..........................
Netherlands....................
Norway......... ................
Portugual......................
Spain..........................
Sweden................... ,.....
Switzerland....................
Turkey.........................
United Kingdom....,,............
Yugoslavia.....................
Other Western Europe............
1970
1971
1972
*
-19
*
■*
-30
-4
-1
-9
*
6
*
-2
-24
8
*
2
70
*
*
-3
■*
25
*
-7?
*
*
*
2
23
*
*
-10
34
*
1
164
-2
1
-4
*
85
*
26
*
*
1973
Sept.
Oct.
Nov.
Dec.
Jan. p
F^b. p
Other Eastern Europe...........
*
*
*
*
1
*
-43
*
_
*
_
*
16
1
*
-33
-11
*
1
73
*
-1
1
*
-12
*
-188
*
*
-
Total Europe...................
-58
6
320
-154
Canada...................... .....
114
120
142
152
8
ll
4
Latin America:
Argentina......................
Bahamas l/.....................
Brazil.........................
Chile..........................
Colombia.......................
Cuba...........................
Mexico.........................
Panama.........................
Peru.......................... .
Uruguay.........................
Venezuela......................
Other Latin American Republics..
Netherlands Antilles & Surinam..
Other Latin America............
-1
3
-3
2
*
1
-6
*
*
-3
*
-13
*
1
-9
-4
*
*
-6
1
*
*
*
-2
-18
*
9
-1
-1
*
*
-1
6
*
*
-1
.18
-1
*
-1
3
-1
*
*
2
-5
-1
*
1
*
—8
-2
*
1
_
_
*
_
*
*
*
*
*
*
1
*
*
1
*
*
*
•*
*
_
*
-1
*
*
*
*
2
*
*
*
_
*
-1
*
*
*
*
*
-2
*
*
*•
2
*
*
2
*
*
_
.
*
X
*
_
*
*
-1
*
Total Latin America............
-21
-38
28
-12
*
-1
2
2
*
*
18
•*
*
-7
188
~
~
*
*
“
*
n
40
*
Asia:
China, People's Republic of
(China Mainland)..............
China, Republic of (Taiwan)....
Hong Kong......................
India..... ....................
Indonesia......................
Israel.........................
Japan..........................
Korea..........................
Philippines....................
Thailand..... ..................
Other Asia.....................
Total Asia.....................
_
*
1
*
*
1
5
*
1
*•
-3
5
*
-1
*
*
-6
-125
*
-2
*
*
.3
*
*
-26
-52
*
-1
*
*
-1
*
-5
193
*
1
*
_
-1
-1
*
*
10
*
*
*
*
-12
_
*
.
.3
_3
V
*
„7
-1
X
*
1
*
*
*
*
-3
*
-12
-1
*
*
*
*
*
*
*
1
-6
1
*
*
1
*
*
*
•*
2
-9
-38
-37
-61
-61
*
*
*
_
-
*
~
_
-43
-76
-67
21
29
10
*
*
*
_
_
_
1
*
...
*
4
_
.-rtf ....
*
_
_
-1
-1
*
*
*
*
-1
*
.
j
*
*
-1
*
_
-5
*
*
*
3
*
*
*
*
-7
*
*
•*
*
-5
-1
*
1
1
*
*
1
*
-8
L. .
•*
-1
*
*
1
*
*
-2
11
■*
*
*
*
*
*
3
■j
3
i
_
*
*
_
*
-2
24
-1
42
-1
49
_2
“
10
*
*
*
22
*
_
*
*
*
*
*
-2
¥
*
*
*
-1
-4
*
*
*
*
*
_
#
*
*■
-134
-76
*
*
-1
*
-5
-2
*
-1
*
*
39
'
1
47
*
’
......41.
Africa:
Egypt..........................
Morocco.........................
South Africa...................
Zaire....................... .
Other Africa...................
-2
*
-1
*
*
-2
*
*
Total Africa...................
-3
-2
-6
-3
*
Other countries:
Australia......................
All other......................
-3
*
-2
-
-3
*
1
*
*
Total other countries..........
-3
-2
-3
1
*
*
*
*
*
*
Total foreign countries..........
33
-49
406
177
10
-2
-22
16
2
-18
2
_
1
-
3
1
-
-
-
-2
*
-
—
-
*
_
_
«.
1
i.
-4
International and regional:
International..................
European regional..............
-2
•*
*
Total international and regional
2
1
3
-2
-
-
-
-2
-
1
Grand total........ ..............
35
-49
409
176
10
-2
-22
15
2
ns—
1/
p
*
Through December 31, 1972, Bermuda included with Bahamas
Preliminary.
Less than $500,000.
April 1974
125
___________________ CAPITAL MOVEMENTS_______________________
Section V * Transactions 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 1974 Preliminary
(In million of dollars)_____
Gross purchases by foreigners
Domestic securities
Country
Marketable
Total
Treasury
purchases bonds and
notes
Gross sales by foreigners
Foreign securities
Corporate and
other
Bonds
Stocks
Bonds
Stocks
*
6
1
9
5
*
5
2
*
*
*
1
23
230
*
_
-
1
49
1
83
40
1
10
73
2
1
4
1
198
91
1
_
-
*
3
2
*
4
3
*
1
3
1
*
•*
*
14
15
_
-
3
*
7
2
*
2
3
*
■*
*
10
23
*
-
*
*
*
*
*
40
1
71
12
_
-
1,058
125
282
555
4?
433
235
31
84
1
10
1
*
*
*
6
5
1
*
4
2
25
13
_
*
_
_
_
_
*
*
_
*
_
1
6
*
Domestic securities
Total
sales
Marketable
Treasury
bonds and
notes
Foreign securities
Corporate and
other
Bonds
Bonds
Stocks
Stocks
Europe:
Belg ium-Luxembourg...............
Italy............................
Netherlands......................
Norway...........................
Portugal.........................
Spain............................
Switzerland......................
Turkey...........................
Other Western Europe.............
Other Eastern Europe.............
I^lUyaerj-ca*.
Argentina........................
Bahamas..........................
Chile............................
Colombia.........................
Cuba.............................
Mexico...........................
Panama....... ....................
Peru.............................
Uruguay..........................
Venezuela........................
Other Latin American Republics....
Netherlands Antilles and Surinam..
Other Latin America..............
Asia:
China, People's Republic of
(China Mainland)...............
China, Republic of (Taiwan)......
India............................
Indonesia........................
Israel...........................
Korea............................
Thailand.........................
Other Asia.......................
Africa:
Egypt............................
Morocco..........................
South Africa.....................
Zaire............................
Total Africa.....................
160
3
*
103
51
1
18
80
3
1
4
42
246
430
14
-
2
52
1
*
69
45
1
18
26
3
*
3
17
205
*
448
*
13
_
*
*
*
*
1
*
*
15
1
58
12
_
*
*
20
9
5
*
6
2
*
*
*
1
24
185
_
-
1
22
1
*
44
35
1
7
21
2
*
2
1
157
*
96
*
1
_
*
50
903
88
252
26
56
211
*
33
•*
3
*
_
_
_
1
*
*
*
1
*
1
31
*
*
2
_
2
3
*
*
2
4
26
11
_
*
_
_
_
_
•*
_
_
_
_
_
1
_
_
*
1
•*
•*
_
_
2
1
_
*
*
*
*
*
3
4
*
*
3
2
24
10
*
*
1
*
*
*
1
1
*
*
*
*
*
.2
68
*
4
53
6
5
81
*
_
_
_
.
_
_
_
_
_
_
_
_
*
l
_
*
_
*
_
*
8
*
*
1
31
*
*
*
6
_
*
1
_
_
10
1
_
_
*
1
_
*
2
_
2
70
_
*
*
1
_
1
12
*
*
12
104
*
*
*
8
1
12
*
*
26
539
*
•*
*
8
_
_
_
_
348
_
_
_
137
-
3
46
14
75
585
*
*
2
_
*
*
_
_
-
_
_
_
*
*
*
2
*
*
2
1
-
3
-
l
l
*
_
.
1
5
*
4
3
2
2
*
*
*
*
15
*
24
*
_
-
*
5
13
1
*
2
2
*
*
1
*
8
84
*
_
-
392
56
116
84
47
46
*
12
_
1
_
6
_
*
17
*
*
*
_
2
2
*
*
2
3
17
.8..
9
52
17
_
_
*
9
*
_
*
1
*
1
30
*
*
1
2
_
_
-x
_
-
X
*
_
_
*
1
-X
*
*
*
1
2
_
_
*
*
*
•X
■*
2
*
.
J_
1
1
_
_
•*
121
_
_
_
*
1
39
*
*
-*
7
_
_
*
_
25
*
_
_
_
*
348
122
55
26
.-24
*
*
*
*
_
*
_
-
_
5
_
*
¥■
*
_
_
■*
2
_
*
1
*
6
*•
*
1
_
_
_
-
_
-
*
*
2
7
1
-
•*
*
6
*
-
1
*
*
1
*
-
2
■*
-
*
-
1
•K
-
*
-
*
1
1
*
2
-
*
1
-
*
Cfther coagt.rigq:
All other........................
.— &L ____
Latin American regional..........
Asian regional...................
Total international and regional..
Grand total........................
*
Less than $500,(XX).
.740l
**
-
.J & —
2
*
__1221.
*
-
61
-
162
-
231
61
162
l
6
*
1,932
422
482
741
100
187
227
*
4
*
-
4
-
1*780 _
.43.2___
,412.
, 5&L.
*
-
___2Q2L.
-
211 .
-
242
30
211
1
*
-
2,031
467
628
585
145
205
-
1
-
.. -U lI—
30
-
242
126
Treasury Bulletin
___________________________________________CAPITAL MOVEMENTS__________ ___________________________ ___
Section V - 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 1973
(In millions of dollars)
Gross purchases by foreigners
Domestic securities
Country
Europe:
Austria..........................
Total
purchases
Marketable
Treasury
bonds and
notes
1
*
1
1
Gross sales by foreigners
Foreign securities
Corporate and
other
Bonds
Bonds
Stocks
Domestic securities
Marketable
Treasury
bonds and
notes
Total
sales
Stocks
Bonds
Bonds
Stocks
*
*
_
*
*
•*
_
*
*
14
.
264
3
96
X
*
49
172
*
87
45
2
*
4
18
284
1
1,536
*
54
1
25
28
41
*
17
18
1
1
3
*
115
_
2
_
-
18
459
12
1
1,012
588
9
157
424
25
6
38
25
2,833
3
1,436
*
20
_
*
v
320
«■
*
*
59
13
9
45
45
-*
48
19
11
2
6
2
91
_
250
_
1
-
*
*
*
*
12
_
*
533
3,506
9,185
601
449
10,847
291
2,300
7,066
587
603
2,525
14
233
1,273
351
654
2,927
6
184
1,174
1,062
502
42
7
4
5
*
109
118
5
6
51
22
303
363
260
*
*
*
3
2
*
*
1
1
1
*
*
10
3
*
*
3
1
31
19
19
11
2
1
2
*
51
94
2
4
31
16
228
318
213
1
*•
*
*
11
3
■*
•*
2
*
12
11
3
11
2
1
3
*
45
74
2
3
34
20
245
353
182
2
37
*
21
61
3
*
1
3
2
124
6
15
1
1
*
*
6
13
1
*
2
*
15
24
9
Total Latin America..............
1,296
7
88
972
44
974
274
73
Asia:
China, People’s Republic of
(China Mainland)...............
China, Republic of (Taiwan)......
Hong Kong........................
India............................
Indonesia........................
Israel...........................
Japan............................
Korea............................
Philippines......................
Thailand.........................
Other Asia...... .................
*
2
248
5
2
74
4,063
2
8
1
139
*
1,627
2
*•
*
13
*
1
980
*
*
5
*1
190
1
1
18
877
*
3
1
123
4,543
1,630
999
Morocco..........................
South Africa.....................
Zaire............................
Other Africa.....................
*
1
8
*
62
50
Total Africa.....................
71
Australia.!......................
All other........................
53
10
Other Eastern Europe.............
•*
■*
5
_
*
150
3
_
360
_
12
_
*
Total Europe.....................
U,275
Portugal................. ......
Turkey...........................
United Kingdom...................
Lati,n America:
Brazil...........................
Chile............................
Cuba............... *.............
Mexico....................... .....
Panama...........................
Peru............ .................
Uruguay..........................
Other Latin
Bahamas and
Netherlands
Other Latin
American Republics....
-Bermuda.............
Antilles and Surinam..
America..............
Total Asia.......................
Africa:
7
110
6
1
250
139
1
143
26
47
*
7
47
590
*
1,812
131
21
633
14
26
1,174
825
10
273
520
29
8
48
44
3,344
4
3,835
*
37
*
-*
-
Stocks
31
609
12
1
1,451
589
27
218
763
36
15
49
25
3,517
6
1,802
7
27
*
38
817
33
11
1,799
787
29
423
914
100
17
66
224
4,289
6
4,355
7
360
*
*
*
40
2
*
52
13
1
13
105
1
*
4
*
88
_
Foreign securities
Corporate and
other
2
_
*
*
*
*
*
*
7
8
•*
*
3
*
18
16
7
15
40
1
24
*
123
93
4
4
41
22
396
393
209
61
1,365
*
10
4
2
39
80
2
*
9
*
34
*•
*
16
499
3
*
3
*
3
203
1
2
509
2,563
2
7
2
82
1,456
1
*
5
*
*
2
400
*
*
*■
4
*
3
167
1
2
14
382
2
2
2
63
*
15 •
■*
471
14
1
5
*
16
*
*
23
310
*
4
*
8
1,214
146
555
3,373
1,457
411
637
506
362
*
*
*
1
*
1
2
*
5
*
6
6
*
1
*
15
*
30
25
*
*
1
*
7
*
4
*
8
*
1
50
1
8
6
7
47
25
•*
12
*
9
*
-
10
*
9
1
30
8
3
•*
14
1
*
-
*
*
9
1
2
-
2
*
30
4
2
2
-*
41
13
4
1
11
3
26
10
21
166
*
*
*
*
*
*
•*
*
v*
279
24
1
*
85
24
*
12
32
1
1
3
*
99
*
319
_
*
Total other countries............
63
*
11
10
15
*
*
10
2
_____ 2
Total foreign countries............
22,771
2,234
4,838
12,662
1,307
1,729
18,574
1,779
2,939
9,873
2,431
1,552
International and regional:
Inte m a t ional....................
European regional................
Latin American regional..........
Asian regional...................
African regional.................
1,657
6
58
1
-
459
30
-
972
-
96
1
1
-
130
5
28
*
-
*
-
1,701
*
10
1
-
644
10
-
945
*
-
22
*
*
*
-
2
*
-
Total international and regional..
Grand total........................
*
Less than $500,0C)0.
....38
.. .3.
1.722
489
972
97
164
*
24,493
2,723
5,809
12,760
1,471
1,729
.. 1*211.
20,287
88
*•
1
-
654
945
88
2,433
3,885
9,961
-.22, ,
2,454
2
1,554
A pril 1974
127
______________________ CAPITAL MOVEMENTS_______________________
Section VI - Foreign Credit and Debit Balances in Brokerage Accounts
Table CM-VI-1. - Foreign Credit Balances (Due to Foreigners) by Country
(Position at end of period in millions of dollars)
Calendar year
1972
1973
Country
Mar.
June
1
12
*
*
25
15
*
37
6
1
*
5
1
75
*
46
*
*
_
*
1
9
*
*
22
24
*
20
6
1
2
6
*
84
*
56
*
1
_
*
281
226
231
198
242
56
34
17
19
31
28
1
15
*
*
*
*
3
3
*
1
5
1
11
*
1
19
1
*
*
*
4
2
*
1
2
3
10
*
3
9
*
*
*
*
3
3
*
1
3
1
12
*
1
11
*
*
*
*
3
2
*
1
2
1
21
3
1
7
*
*
*
*
2
3
*
*
2
1
22
2
i
9
*
*
*
*
3
3
*
*
2
1
13
7
1
10
*
*
*
*
2
3
*
*
3
1
15
7
64
40
43
36
47
42
39
42
*
*
12
*
*
1
2
•X
*
10
*
*
*
*
*
19
*
*
*
1
*
2
_
*
12
*
*
1
4
_
_
_
*
9
*
*
1
1
*
13
■*
*
1
1
*
14
*
*
1
2
*
13
*
*■
1
1
*
*
*
*
*
1
1
1
*
1
*
*
*
1968
1969
1970
1971
1
14
1
*
31
22
1
16
22
3
1
7
3
239
*
67
*
1
*
2
19
*
*
18
14
*
8
12
1
*
3
1
153
61
*
1
*
*
1
17
1
*
26
17
1
16
14
1
*
6
1
100
*
40
*
1
_
*
*
14
*
*
19
15
*
10
10
1
*
4
1
73
*
43
*
1
_
*
430
294
243
193
Canada..........................
87
52
36
Argentina.......................
Bahamas lj......................
Brazil..........................
Chile...........................
Colombia.........................
Cuba............................
Mexico..........................
Panama..........................
Peru............................
Uruguay.........................
Venezuela.......................
Other Latin American Republics...
Netherlands Antilles and Surinam.
Other Latin America.............
2
34
1
1
1
*
6
6
1
2
7
2
20
*
1
34
*
*
*
*
3
3
1
1
5
1
14
*
Total Latin America.............
82
Europe:
Austria.........................
Belgium-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............
Total Europe......... ...........
Asia:
China, People's Republic of
(China Mainland)...............
China, Republic of (Taiwan).....
Hong Kong.......................
India...........................
Indonesia.......................
Japan...........................
Korea...........................
Philippines.....................
Thailand........................
Other Asia......................
7
Dec.
1
21
•*
*
47
22
*
24
10
2
*
5
1
90
*
57
*
1
_
*
Dec. p
Sept.
*
10
*
*
29
23
1
13
8
1
*
7
1
92
*
57
*
1
1
9
*
*
30
22
*
13
7
1
*
1
1
76
M
35
*
1
_
*
*
*
*
13
*
*
1
1
*
*
*
11
3
*
•*
*
*
*
7
7
5
4
3
2
4
4
4
20
18
23
20
19
*
*
*
1
*
Total Asia......................
34
21
27
Africa:
Egypt...........................
Morocco.........................
South Africa....................
Zaire...........................
Other Africa....................
*
*
1
*
1
*
*
*
*
1
*
*
*
*
1
*
*
*
*
1
*
*
*
•*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
1
Mr
Total Africa....................
2
1
2
1
1
1
1
1
1
Other countries:
Australia.......................
All other.......................
1
*
1
*
1
*
1
*
*
M
*
*
1
*
*
*
17 .
*
*
*
Total other countries...........
1
1
1
1
*
*
*
1
1
Total foreign countries.........
636
434
349
311
372
310
316
290
333
-
-
311
372
310
int?rnatio^^d...rjggj,ofiai..............................
Grand total.......................
-
636
-
*
434
-
349
Note* Data represent the money credit balances (due to foreigners), as
appearing on the books of reporting brokers and dealers in the United
States, in accounts of foreigners with them, and in their accounts
-
316
-
-
290
333
carried by foreigners.
1/ Through December 31, 1972, Bermuda included with Bahamas.
p Preliminary.
* Less than $500,000.
-
128
Treasury Bulletin
_______________________CAPITAL MOVEMENTS______________________
Section VI - Foreign Credit and Debit Balances in Brokerage Accounts
Table CM-VI-2. - Foreign Debit Balances (Due from Foreigners) by Country
(Position at end of period in millions of dollars)
1972
Calendar year
Country
Europe:
Austria......................
Belgium-Luxembourg............
Denmark......................
Finland......................
France.......................
Greece.......................
Netherlands..................
Norway.......................
..................
Portugal
Spain........................
Sweden.......................
Switzerland...................
Turkey.......................
United Kingdom................
Yugoslavia..................
Other Western Europe..........
U.S.S.R......................
Other Eastern Europe..........
1968
1969
1970
1971
*
15
*
*
*
5
*
9
*
*
16
*
*
6
11
22
20
1
1
*
12
13
14
*
9
12
1
12
1
*
5
20
1
12
8
1
*
1
2
1
106
*
41
-
50
*
37
*
1
*
3
*
*
18
23
Dec.
1
8
*
21
20
31
27
*
*
16
15
1
1
1
9
15
17
15
9
*
12
*
*
5
1
1
38
*
44
#
42
*
37
*
1
1
6
1
1
1
-
*
*
_
*
Total Europe..................
239
146
155
155
235
Canada.........................
141
61
49
54
39
3
38
*
3
24
*
2
21
1
1
21
3
15
1
1
*
*
*
3
4
*
*
4
*
*
*
*
5
4
*
*
4
Total Latin America...........
Asia:
China, People*s Republic of
(China Mainland).............
China, Republic of (Taiwan)....
Hong Kong....................
India........................
Indonesia....................
Israel.......................
Japan........................
Korea........................
Philippines..................
Thailand.....................
Other Asia...................
Total Asia...................
Africa:
Egypt........................
Morocco......................
South Africa..................
Zaire........................
Other Africa..................
Total Africa..................
1
*
*
3
4
*
3
1
2
3
1
*
18
*
1
6
1
1
*
5
*
14
*
77
45
41
52
June
*
*
*
*
*
5
4
Mar.
*
*
57
*
53
*
19
-
Latin America!
Argentina....................
Bahamas l/...................
Brazil.......................
Chile........................
Colombia.....................
Cuba.........................
Mexico.......................
Panama.......................
Peru.........................
Uruguay......................
Venezuela....................
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America...........
1973
1
*
1
*
10
6
*
*
6
2
12
6
1
12
10
*
1
1
7
7
*
37
*
30
*
1
46
*
31
48
_
*
1
Sept.
*
5
*
*
17
16
22
1
22
1
*
4
*
7
7
10
1
1
2
1
*
*
5
1
32
*
34
*
35
*
29
_
8
_
_
_
_
1
1
214
138
134
129
24
15
22
30
2
2
1
4
5
4
3
6
1
1
_
1
1
*
*
*
*
1
1
*
_
-
10
8
6
6
5
*
5
5
*
*
5
5
*
*
4
1
8
5
*
*
4
1
6
1
*
1
*
1
6
1
*
4
3
9
7
55
45
35
40
...
5
34
= 5 s s = a *
-
-
*
*
18
12
*
*
*
*
*
1
*
10
*
2?
*
*
2
1
1
*
*
*
2
2
*
1
*
40
*
*
3
4
*
1
*
59
*
*
3
5
*
*
*
66
* .
*
*
42
*
*
_
*
43
*
*
*
25
*
*
1
2
2
1
2
*
*
1
8
*
*
*
1
1
*
*
*
5
5
6
6
4
*
*
*
5
7
6
*
4
49
24
35
53
73
78
52
58
36
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
1
1
*
18
1
1
*
*
*
*
2
1
Other countries:
Australia....................
All other....................
*
*
*
Total other countries.........
*
1
1
1
*
*
1
1
1
*
1
*
*
*
*
*
1
1
1
1
1
364
243
255
231
231
*
*
*
*
*
1
1
1
1
2
278
281
314
405
-
-
-
-
-
-
-
Grand total....................
508
278
281
314
405
364
243
255
Note: Data represent the money debit balances (due from foreigners),
as appearing on the books of reporting brokers and dealers in the
United States, in accounts of foreigners with them, and in
1
*
1
1
2
-
508.
■
1
2
1
1
1
*
International and regional......
Total foreign countries...... .
Dec. p
their accounts carried by foreigners.
1/ Through December 31, 1972, Bermuda included with Bahamas.
p Preliminary.
* Less than $500,000.
1
A pril 1974
129
.FOREIGN CURRENCIES ACQUIRED BY THE U. S. GOVERNMENT WITHOUT PAYMENT OF DOLLARS
Foreign currencies reported herein in U.S. dollar equiv
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 flew of future collections through*Treas-
cultural trade development programs authorized
uiy accounts;
by various
and established requirements with respect to
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
from currencies purchased with dollars from banks or other
accounting for the currencies.
commercial sources.
as revised October 20, 1961, added certain requirements gov
provisions of law.
The currencies are held in the custody
of The Department of the Treasury until such time as they
are either sold for dollars to Government agencies or trans
ferred to Government agencies for expenditure without charge
to appropriations, as specifically authorized by law.
Treasury Circular No. 930
erning foreign currency reporting and accounting.
Figures are stated in dollar equivalents, computed for
reporting purposes, to provide a common denominator for the
currencies of the many foreign countries involved. It should
Prior to July 1, 1953, foreign currencies acquired by
not be assumed that dollars, in amounts equal to the balances,
Government agencies without direct payment of dollars geneiv
are actually available for the general use of the U.f. Gov
ally were available to the collecting agencies to 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.
The act of July 15, 1952, Sec. 1415 (66 Stat. 662),
pro
The tables
exclude the counterpart funds owned by and
vided that after June 30, 1953, 0.8. agencies could no longer
held in accounts of the foreign governments.
expend foreign currencies belonging to the U.S.
funds is subject to approval of the United States, and trans
Government
except as provided annually in appropriation acts. Subsequent
actions
The use of such
therein are included in reports of the Agency for
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. 104SS dated
countability and reported as dollar transactions.
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 Circular No. 930 was
October 19, 1953, effective December 1, 1953.
issued on
These regu
The tables also exclude the
foreign currencies which are under dollar ac
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.
#0
Treasury Bulletin
-.F O R E I G N CURRENCIES ACQUIRED BY THE U. S. GOVERNMENT WITHOUT PAYMENT OF nOT.T.ARS
Table FC-1. - Summary of Foreign Currency Transactions
(Fiscal years; in millions of dollar equivalents)
1974
through
Dec. 31,1973
1965
1966
1967
1968
2,326.6
480.5
2,419.1
413.2
2,042.3
228.5
2,017.3
161.2
2,099.0
201.6
1,993.5
141.8
2,069.2
119.7
1,991.9
84.9
1,791.9
69.6
1,808.2
71.3
2,807.1
2,832.3
2,270.8
2,178.5
2,300.6
2,135.3
2,188.9
2,076.8
1,861.5
1,879.5
1,189.0
-
947.9
-
794.7
790.7
-
-
326.2
6.6
352.2
17.0
225.9
8.0
168.6
25.6
11.1
193.4
.4
70.4
38.9
9.1
30.4
89.0
1.3
10.3
24.7
33.0
78.2
.2
8.0
16.4
30.8
73.8
6.4
26.5
36.3
45.6
7.7
10.7
18.7
18.4
151.5
154.2
152.8
144.6
165.7
135.2
182.9
138.0
74.4
63.1
1969
1970
1971
1972
1973
Cash balances brought forward:
Collections:
Public Law 480 sales 7j..............
Currency use payments................
Foreign assistance programs:
Special letter of credit...........
Interest on depositary balances......
Other non-loan collections 2/ ........
Advances from foreign governments....
Loan repayments (principal & interest):
Public Law 480 loans...............
Foreign assistance loans...........
-
-
8.2
28.4
63.3
42.8
4.2
26.3
58.3
60.3
108.0
10.3
24.8
52.1
104.5
77.3
10.6
23.8
43.4
94.4
5.1
24.4
40.4
111.5
94.1
132.1
110.0
141.9
116.5
177.9
119.1
175.8
142.8
158.3
6 8 .4
2 4 .8
'
-
-
Total collections..................
1,557.9
1,348.9
1,388.8
1,335.1
883.7
867.1
678.8
624.3
640.2
263.8
Total availabilities...............
4,365.0
4,181.2
3,659.6
3,513.6
3,184.3
3,002.4
2,867.7
2,701.1
2,501.7
2,143.3
1,032.3
736.9
851.8
659.1
488.0
281.8
339.3
193.0
313.4
73.5
46.7
26.6
42.2
36.6
25.5
49.4
34.8
18.8
89.1
23.0
14.5
90.2
23.9
47.3
99.6
17.9
22.3
101.7
29.3
27.4
89.1
40.0
29.3
68.0
1">.6
?0*1
35.7
5.3
17.6
106.3
193.0
136.3
133.4
27.8
15.2
121.9
230.4
38.9
6.2
127.5
-
158.0
215.6
77.3
2.7
104.7
187.6
-
170.2
155.6
108.0
15.6
118.1
203.3
.2
4.3
122.2
220.1
15.4
Expenditures:
Foreign currency expenditure
authorizations:
Public Law 48O loans and grants....
.Public Law 480 loans to
private enterprises...............
Other non-trust....................
Trust..............................
With dollar credits to:
Miscellaneous receipts.............
Commodity Credit Corporation.......
Special letter of credit...........
Deposits for replacement of
borrowed (unfunded) currencies....
14.1
42.3
27.4
Total expenditures........ .........
1,489.0
1,175.6
1,471.3
Adjustments due to changes in exchange
rates.................................
Cash balances carried forward..........
1
6 8 .4
3.2
2 1 4 .8
1.3
5.8
*
67.6
94.2
6.1
-16.2
17.1
-17.5
8.4
25.9
-54.6
1.8
,2 2 4 . 2
1,039.8
803.6
842.9
682.1
637.9
266.1
-9.2
-9.9
52.0
-157.5
65.7
-89.9
2,188.9
2,076.8
1,861.5
1,879.5
1.787.3
-1972
1973
^43.7
-734.8
-9.8
11.2
2,832.3
2,270.8
2,178.5
•2,300.6
2,135.3
Footnotes at end of Table FC-4.
Table FC-2. - .Foreign Currency Transactions, Country Uses
(Fiscal years; in millions of dollar equivalents)
1965
1966
1967
1,158.7
329.2
1,076.9
307.3
819.5
188.1
1,487.9
1,384.2
1,019.6
1968
1974
through
Dec. 31.1973
1969
1970
1971
624.2
155.5
557.3
140.0
414.4
84.8
403.7
70.9
273.8
74.5
189.0 .
77.1
130.0
10.3
1,007.6
779.7
697.3
499.2
474.6
34^.3
266.1
140.3
789.6
657.1
620.6
259.6
278.3
171.2
131.2
.2
5.2
122.1
46.0
.4
1.7
7.9
6.1
7.4
8.8
6.5
3.2
1.4
Total collections..................
1,020.0
791.3
665.0
626.7
260.6
285.7
180.0
137.9
130.5
47.4
Transfer to U.S. use...................
Transfer from U.S. use.................
-22.6
22.8
-53.6
80.4
-25.6
16.7
-45.8
11.7
-102.3
164.3
-12.8
12.4
-87.3
88.9
-46.7
59..1
Total availabilities...............
2,508.1
2,202.3
1,663.7
1,372.3
1,019.9
784.5
656.2
498.6
472.4
187.0
1,032.3
736; 9
851.8
659.1
488.0
281.8
339.3
193.0
313.4
73.5
46.7
14.7
36.6
12.3
34.8
8.7
23.0
6.7
23.9
8.6
17.9
9.1
29.3
9.6
40.0
7.6
15.6
4.0
1,093.7
785.8
895.3
688.8
520.5
308.8
378.2
240.6
333.0
8.1
.9
266.1
140.3
Cash balances brought foward:
Excess currencies 1/.................
Total cash balances................
Collections:
Public Law 480 sales 2/....... .
Currency use payments................
Foreign assistance programs..........
Expenditures:
Public Law 480 loans and grants......
Public Law 480 loans to private
enterprises.........................
Other foreign assistance programs....
Total expenditures.................
1 .0
Adjustments due to changes in exchange
rates.................................
-30.2
-408.9
11.3
13.8
-.2
-1.1
Cash balances carried forward..........
1,384.2
1,007.6
779.7
697.3
499.2
474.6
Footnotes at end of Table FC-4.
70.3
348.3 ___
-30.3
29.6
-18.5
,
,
....
*
1 .0
74.5
-5.2
'
107.3
A pril 1974
PORRir.N CURRENCIES ACQUIRED BY THE U. S. GOVERNMENT WITHOUT PAYMENT OF DOLLARS,
Table FC-3. - Foreign Currency Transactions, U.S. Uses.
(Fiscal years; in millions of dollar equivalents)
1965
1966
1968
1967
1969
1970
1971
1972
i<85.....
.through
Dec. 31,197;
1973
Cash balances brought forward:
Excess currencies 1 / .................
Near- and non-excess currencies......
1,166.1
135.3
1,337.6
89.9
1,217.4
13.1
1,387.1
-34.9
1,536.0
19.9
1,573.4
.5
1,660.2
5.3
1,709.9
-18.6
1,597.9
-19.7
Total cash balances.................
1,301.4
1,427.5
1,230.5
1,352.2
1,555.9
1,573.9
1,665.5
1,691.3
1,578.2
1,717.3
169.4
158.3
137.6
170.1
66.5
6.6
73.9
17.0
54.7
8.0
37.4
25.4
5.9
71.3
.4
24.4
7.8
28.4
60.9
2.5
26.3
55.2
108.0
2.4
24.8
52.1
77.3
4.5
23.8
41.4
68.4
4.3
24.4
39.6
38.9
1.7
24.8
30.4
1.3
1.5
24.7
33.0
.2
1*5
16.4
30.8
3.2
26.5
36.3
6.3
10.7
18.7
94.1
132.1
110.0
141.9
116.5
177.9
119.1
175.8
142.3
158.3
151.5
154.2
152.8
144.6
165.7
135.2
182.9
138.0
74.4
63.1
510.4
492.4
420.6
-164.3
„ 1 0 2 ^ „ n.
-12.4
12.8
-88.9
- .- 8 7 ^
412.6
-59.1
46.7
464.1
-94.3
22.5
198.0
-29.6
30.3
1,916.0
Collections:
Public Law 480 sales 2j..............
Currency use payments................
Foreign assistance programs:
Special letter of credit..... .....
Other..............................
Interest on depositary balances......
Other non-loan collections 2/ ........
Loan repayments (principal & interest):
Public Law 480 loans...............
Foreign assistance loans...........
.
1,672.6
44.7
Total collections................
492.7
494.2
619.3
612.0
Transfer to country use................
Transfer from country use..............
-22.8
22.6
-80.4
..... 32,6
-16.7
..- 2 2 A
-11.7
.. -45.8
Total availabilities.............
1,793.9
1,894.9
1,858.7
1,998.3
2,004.3
2,066.7
2,084.5
2,091.5
1,970.5
11.9
13.2
10.1
7.8
13.9
13.2
17.8
21.7
16.1
4.3
106.3
193.0
27.8
136.3
133.4
15.2
170.2
155.6
108.0
15.6
158.0
215.6
77.3
2.7
130.1
187.6
68.4
2.6
121.9
230.4
38.9
6.2
127.5
118.1
203.3
.2
4.3
122.2
220.1
67.6
94.2
_
15.4
6.1
Expenditures:
Foreign currency expenditure
authorizations.....................
With dollar credits to:
Miscellaneous receipts......... .
Commodity Credit Corporation.......
Special letter of credit...........
Other.............................
Deposits for replacement of
borrowed (unfunded) currencies....
Total expenditures...............
2 1 4 .8
1.3
5.8
14.1
42.3
27.4
-16.2
17.1
-17.5
' 8.4
25.9
-54.6
353.1
340.4
486.9
445.2
419.7
393.1
375.6
373.5
319.2
t
1.8
174.0
Adjustments due to changes in exchange
rates.................................
,
-13.3
-324.0
-19.6
2.8
-10.7
-8.1
-17.6
-139.8
66.0
-83.3
Cash balances carried forward..........
' 1,427.5
1,230.5
1,352.2
1,555.9
1,573.9
1,665.5
1,691.3
1,578.2
1,717.3
1.658.7
1973
1974
through
pec 3i,1973
Footnotes at end of Table FC-*.
Table FC-4. - Foreign Currency Transactions, Trust funds
(Fiscal years; in millions of dollar equivalents)
1965
Cash balances brought forward:
Excess currencies i/ ........ .........
Near- and non-excess currencies.......
Total cash balances................
Collections:
Advances from foreign governments....
Contributions from foreign
governments.... .....................
Total collections..................
1966
1967
•
1968
1969
1970
1971
1972
5.0
12.2
5.6
16.3
37.2
17.2
21.9
73.8
45.6
18.4
I8 . 4
1.8
16.0
4.6
16.0
5.4
27.3
6.0
40.6
5.8
41.6
5.7
56.5
5.3
43.5
8.2
29.0
17.8
20.6
32.7
4 6 .6
47.4
62.2
48.8
42.8
60.3
104.5
111.5
89.0
78.2
94.4
2.4
3.1
*
2.0
3.2
*
-
-
45.2
63.4
104.5
96.4
114.7
89.0
78.2
73.8
45.6
63.0
84.0
137.2
143.0
162.1
151.2
127.0
111.0
58.8
40,3
42.2
49.4
89.1
90.2
99.5
101.7
89.1
68.0
35.7
17.6
-
—4.0
Transfer to U.S. use...................
Total availabilities...............
.
Expenditures:
Foreign currency expenditure
With dollar credits to other fund
accounts......... ...................
-
-
-
.
-
-
-
“
-
-
Total expenditures.................
42.2
49.4
89.1
90.2
99.5
101.7
89.1
68.0
35.7
17.6
Adjustments due-.to changes in
exchange rates........................
Cash balances carried forward..... .
-.2
-1.9
-1.5
-5.4
-.4
-.7
-.7
-25.8
-1.2
-1.4
20.6
32.7
4 6 .6
47.4
62.2
48.8
37.2
17.2
21.9
21.3
** Source:
Bureau of Government Financial Operations.
Note:
Dollar equivalents were calculated at varying rates of exchange.
Receipts are valued at the previous end-of-the-quarter reporting
rates with the exception of currencies received under Public Law 430,
as amended. Sections 103(c), 402, 502(a), and Section 6, Title II of
the Mutial Security Act of 1954, as amended, currencies are
valued at international agreement rates which are referred to as either
import or loan repayment rates. Currencies sold for dollars are valued
at the rate in effect on the date of 3ale. Balances are valued at
reporting rates. Transfers and expenditures are valued at the begin
1/
2/
2/
*
ning of the quarter reporting rates.
Currencies of countries Cor * M c h it has been determined that the
supply is great enough to more than meet U.S. requirements for the
next two years.
Agricultural Trade Development and Assistant Act of 1954, as amended
(7 U.S.C. 1704-5).
Consists of loan repayments under lend-lease and surplus property
agreements, recoveries of military assistance, proceeds from sale of
buildings abroad, and other items.
Less than $50,000.
132
Treasury Bulletin
.FINANCIAL OPERATIONS OP GOVERNMENT AGENCIES AND
t t m tmb
Government Corporations and Other Activities
Ti“ asury Department Circular Mo. 966,
Revised, dated
December 20, 1972, and Treasury Fiscal Requirements Manual,
Transmittal letter No. 95 of the sane date require Government
are required for all activities.
Statements of income and
retained earnings are required for business-type activities
only.
agencies to submit business-type financial statements and re
lated information to the Department of the Treasury for use
in compiling financial reports of the U.S. Government.
The
The statements of financial condition for business-type
activities appear in Section I, Table GA-I-1 and are published
circular was originally issued in 1956 pursuant to the au
semiannually.
thority of Section 114 of the Budget and Accounting Procedures
published under the revised circular were as of December 31,
Act of 1950 (31 U.S.C. 66b) which requires the Secretary of
1972, applied to business-type activities only, and appeared
the Treasury to prepare reports on the financial operations
of the U.S. Government.
in the May 1973 issue of the Bulletin.
The first statements of financial condition
Statements of finan
cial condition submitted annually by noribusiness-type activ
Department Circular No. 966, Revised, requires submission
ities were published together with business-type activities
of semiannual financial statements by all Government corpo
in Section I, Table GA-I-1 in the January 1974 issue of the
rations specifically subject to the Government Corporation
Bulletin.
Control Act, as amended (31 U.S.C. 846, 856) and any wholly
cial condition and held by the agencies, and loans guaranteed
owned and mixed-ownership corporations subsequently brought
and insured by the agencies are reported on a quarterly basis.
and all other activities
The first quarterly table on this Federal credit data, which
Other business-type activities
was as of March 31, 1973, appeared in Section III, Table GA-
under the provisions of the act,
operating as revolving funds.
loans shown on the agencies' statements of finan
required to report semiannually include activities and agen
III-2 ^ the August 1973 issue of the Bulletin.
The first
cies whose operations, services, or functions are largely self-
semiannual statements of income
liquidating or primarily of a revenue-producing nature or
mitted under the revised
whose activities result
in the accumulation of substantial
1, 1972, through December 31, 1972, and appeared in Section
inventories, Investments, and other recoverable assets. Reg
ular governmental activities, which are of a nonbusiness-type
nature, are required to report on an annual basis.
revolving funds shown in the statements are noted to indicate
Two basic kinds of financial statements are called for
by Department Circular No. 966, Revised; and they are published
in the Treasury Bulletin.
Statements of financial condition
and retained earnings sub
circular were for the period July
I, Table GA-I-2 in the June 1973 issue of the Bulletin.
All
whether they are public enterprise funds, intragovernmental
funds, or trust
revolving funds; and trust funds are also
noted. Direct sales and repurchases of loans are published
on a monthly basis in Section III, Table GA-III-1.
A pril 1974
133
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements of Financial Condition, December 31, 1973
Funds appropriated to the President
Appalachian regional
development programs
Appalachian housing fund
Branch
Account
Total
1/
Government
Printing
Office (IR)
Memo:
Memo:
Funds
transferred
to others (PE)
Executive
(PE)
International
security
assistance
Expansion
of defense
production
Liquidation of
foreign mili
Funds
tary sales
transferred
to others (p e ) fund (PE)
International
financial
institutions
Special
payments
bo international
Financial
institutions
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget fnnds......................
Budget clearing accounts...........
Deposit funds.....................
Foreign currency funds.............
Allowances, foreign currency funds (-).
Federal security holdings (at par)....
Accounts receivable:
Government agencies................
The public........... .............
Allowances (-)....................
Advances to:
Government agencies............. .
The public............. ...........
Total selected current assets........
Loans receivable:
Repayable in dollars.................
Repayable In foreign currencies......
Allowances (-)...... ...............
Inventories:
Items for sale......................
Raw materials and inventories........
Stockpile materials and commodities....
Allowances (-)......................
Real property and equipment:
Land................................
Structures and facilities............
Equipment...........................
Leasehold Improvements...............
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors.........
Materials and supplies— other........
Other...............................
Allowances (-)........... ...........
3,200
36,217
28,342
7,902
«
_
_
13,977,594
.
3,016,272
2,445,697
-103,190
161,753
275
.
_
.
227,030
_
93.241
1
41,865,800
21,882,399
262,100
_
_
_
4,072
218,678
_
_
_
4,427
_
_
26,632
_
-
.
20
6
_
«»
169,930
3,200
4,072
249,763
133,803
2,260,043
41,633,403
4,968,629
-1,232,257
_
_
_
1,396
4,448
212,573
_
9,036,946
389,316
296,772
5,847,561
-33,348
15,844
_
10,499
_
_
_
_
_
3,759
_
_
_
_
507,261
_
-1,894
_
_
_
52
9
47
.
_
37,718
_
_
-27,441
_
_
_
-
_
_
_
.
_
120,554,801 2/
204,669
3,200
5,468
821,667
346,376
Selected current liabilities:
Accounts^ payable:
Government agencies................
The public................... ..
Advances from:
Government agencies................
The public........................
3,232,870
4,049,581
14,965
39,619
22
_
_
535,279
183
2
358,961
942,528
_
_
_
97,568
201
1 1 r189
Total selected current liabilities....
8,583,940
5,144
5,956
65,684
633,231
11,191
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other...............................
Debt issued under borrowing authority:
Borrowings from Treasury.............
Agency securities outstanding........
Other...............................
Other liabilities.....................
34,931
_
Total assets..........................
2,260,043
130,044
732,771
10,127,291
4,244,277
183,525
1,849,094
-4,791,045
999,841
17,930
4,484,387
-66,090
_
_
12
-50
_
60,137
2.260.043
LIABILITIES
Total liabilities.....................
22
_
75,439
378,942
_
_
_
.
_
23,749,269
7,248,906
-302,280 2 /
6.086.064
45,855,212
_
_
_
-
_
_
_
_
.
_
_
_
_
-
65,684
22
-
2,648,139
11.191
50,238,141
14,886,589
79,046
25,201
2,723
455
2,300
-301,738
_
7,975,043
1,772
_
-5,715,000
2,014,908
_
•
-
GOVERNMENT EQUITY
Unexpended budget authority:
Unobligated.........................
Undelivered orders...................
Unfinanced budget authority (-):
Unfilled customer orders.............
Contract authority...................
Borrowing authority..................
Other equity:
Receipt account equity...............
Unappropriated receipts (-)..........
Foreign currency fund equity.........
Total Government equity................
Total liabilities and Government equity..
-504,945
-8,299,215
-26,039,567
37,954,018
_
_
_
_
-
_
-
-
-
-
-
-
138,985
3,178
5,468
-1,826^471
335*186
204,669
3,200
5,468
821,667
346,376
5.114!850
120,554,801 2/
1,396
335,186 A /
_
1,355,339
74,699,589
-84,912
-1,439,821
34,738
„
2,260,00
2,260,043
,
Treasury Bulletin
134
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements of Financial Condition, December 31, 1973—Continued
(In thousands of dollars)_______________________
Funds appropriated to the President _ Continued
Agency for International Development
International
financial
Continued
Account
Development loan fund
Alliance for Progress,
development loans
Memo:
Funds
transferred
to others
Acquisition
of property
revolving
fund (m)
Memo:
Memo:
Executive
(PE)
Funds
transferred
to others (PE)
Executive
(PE)
Funds
transferred
to others (PE)
Development
loan fund
liquidation
account (PE)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds..................... .
Budget clearing accounts...........
Deposit funds.....................
Foreign currency funds.............
Allowances, foreign currency funds
Federal security holdings (at par)....
Accounts receivable:
Government agencies................
The public........................
Allowances (-)....................
Advances to:
Government agencies................
The public........................
Total selected current assets........
<1
884,880
6,002
10,963
-
_
922,668
_
_
_
_
_
*
15,967
-
_
19,674
35,157
_
_
-1
*
13,332
6,338
_
1,926
902,773
_
4,832
_
674
978,174
_
6,003
-
-
2,895,469
-
_
_
_
_
_
_
_
_
_
_
_
_
_
_
3,733,729
5,654
4,832
-
-
-
-
-
-
-
-
-
-
-
_
_
593
90
_
_
3,733,729
_
1
_
_
_
_
_
24,294
Loans receivable:
Repayable in dollars.................
Repayable in foreign currencies......
Allowances (-)......................
Inventories:
Items for sale......................
Work-in-process......................
Raw materials and inventories........
Stockpile materials and commodities....
Allowances (-)......... .............
Real property and equipment:
Land................................
Structures and facilities............
Equipment...........................
Leasehold improvements...............
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors.........
Materials and supplies— other........
Other............................. .
Allowances (-)......................
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
-
2,818,280
-
_
243
197
_
_
_
-
_
_
_
-
_
_
Total assets..........................
6,552,008
6,778
3,798,241
4,832
7,175,691
6,003
856,800
-
810
13
271
1,742
_
4,832
23
3,140
_
6,003
12,779
_
_
_
_
_
-
-
-
_
_
_
4,832
3,163
6,003
12,779
‘
-
-
183,647
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
6,197,517
-
_
_
_
_
_
_
_
_
_
-
_
646,220
-
_
_
_
2,638
LIABILITIES
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies................
The public........................
_
-
Total selected current liabilities....
_
E
U
f
t
_
_
_
_
_
• -
_
_
_
-
_
_
_
_
_
_
_
-
-
2,013
_
-
-
Total liabilities.....................
M
823
-
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other...............................
Debt issued under borrowing authority:
Borrowings from Treasury.............
Agency securities outstanding........
Other...............................
Other liabilities.....................
-
_
-
4,832
_
_
_
_
_
_
_
_
_
_
_
823
2,013
7,666
690
121,447
779,313
-2,843
_
_
_
_
_
_
_
_
3,163
_
_
6,003
_
12,779
m
Unexpended budget authority:
Unobligated.............. ...........
Undelivered orders...................
Unfinanced budget authority (-):
Unfilled customer orders.............
Contract authority...................
Borrowing authority..................
Invested capital......................
Other equity:
Receipt account equity...............
Unappropriated receipts (-)..........
Foreign currency fund equity.........
Total Government equity................
Total liabilities and Government equity..
1,763,330
1,970,398
_
.
_
-
-
2,818,280
440
-
2,895,469
_
_
-
222,359
752,651
6,197,517
_
_
_
_
_
_
_
_
_
-
_
_
_
_
_
-
-
-
_
_
-
6.552.008
6,552,008
-
,
5,955
3,796.228
6,778
3.798.241
_
4,832
7.172.528
7.175.691
1,217
_
_
183,647
41
659,115
844.020.
6.003
856.800
A pril 1974
.....
135
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND F U N D S ...... ..
■ ..
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements of Financial C ondition, December 31, 1973 —Continued
(In thousands of dollars)
Funds appropriated to the President - Continued
Agency for International Development - Continued
Account
Housing
guaranty
fund
(PE)
Common defense?
economic, and
triangular
trade loans
Foreign
currency
loans
Private
enterprises
2/
Loans of
predecessor
agencies in
liquidation
Funds
transferred
from others
Other
loans
Inter-American
Foundation
(PE)
6/
Commodity
Credit
Corporation (PE)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds......................
Budget clearing accounts...........
Deposit funds...................
Foreign currency funds.............
Allowances, foreign currency funds (-)„
Federal security holdings (at par)....
Accounts receivable:
Government agencies................
The public........................
Alloirances (-)....................
Advances to:
Government agencies................
The public........................
Total selected current assets........
Loans receivable:
Repayable in dollars.................
Repayable in foreign currencies......
Alloirances (-)......................
Inventories:
Items for sale......................
Work-in-process.....................
Raw materials and inventories........
Stockpile materials and commodities....
Allowances (-)......................
Real property and equipment:
Land...............................
Structures and facilities............
Equipment...........................
Leasehold improvements...............
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors.........
Materials and supplies— other........
Other...............................
Allowances (-)......................
Total assets..........................
3,222
42,076
—
“
~
881
63
2,737
”
""
10,344
“
“
”
—
7,058
-
21,606
-
7,088
-
36,030
-
*
-
-
-
983
7
50,598
42,859
23,263
25,286
17,432
40,235
42,085
-
54,189
3,451,212
-
147,872
-
871,771
638,380
-
568,388
56,255
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
159
-
1,090
-650
3,548,260
-
-
-
-
-
171,135
1,535,438
642,075
40,235
42,232
-•*
-
6,212
4,995
-
11
64
-
650
83
-
-
-
-
-
-
-
-
-
1,365
-
-
16,205
49,827
“
-
9,400
—
-
492
-
32,094
-
280
51,039
~
“
—
1
-
-12
LIABILITIES
Selected current liabilities:
Accounts payable:
Government agencies.................
The public..........................
Advances from:
Government agencies................
The public........................
584
-
-
Total selected current liabilities....
604
-*
_
6,276
4,995
650
94
_
_
_
_
_
_
_
_
_
76
_
_
_
_
356,067
_
_
_
-
_
-
-
604
-*
_
_
_
_
-
362,343
4,995
650
169
48,600
1,395
-
-
881
10,344
2,231
37,354
37,832
4,160
_
440
-
-
515,705
572,152
.
-
72
-
1,365
3,546,896
-
171,135
4,125
652,384
-2,047
56,630
-
_
-
Total Government equity................
50,435
3,548,261
171,135
1,173,095
637,079
39,585
42,063
Total liabilities and Government equity..
51,039
3,548,260
171,135
1,535,438
642,075
40,235
42,232
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other...............................
Debt issued under borrowing authority:
Borrowings from Treasuiy.............
Agency securities outstanding........
Other...............................
Other liabilities.....................
Total liabilities.....................
20
_
_
_
-
-
_
GOVERNMENT EQUITY
Unexpended budget authority:
Unobligated.........................
Undelivered orders...................
Unfinanced budget authority (-):
Unfilled customer orders.............
Contract authority...................
Borrowing authority................ .
Invested capital......................
Other equity:
Receipt account equity...............
Unappropriated receipts (-)..........
Foreign currency fund equity.........
Footnotes at end of section.
_
-
Treasury Bulletin
136
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements o f Financial Condition, December 31, 1973—Continued
Funds
appropriated
to the
PresidentContinued
Account
Overseas
Private
Investment
Corporation
(PE) i f
Departmental
management
Office of the
Secretary
Working
capital
fund (IR) £ /
Science and
education programs
Agricultural Stabilization
and Conservation Service
Agricultural Research Service
Funds
transferred
from others
Working
capital
fund (IR) 2 / Commodity
Credit
Corporation(PE)
Funds transferred from others
Expansion
of defense
production
(PE)
Federal
Crop
Insurance
Corporation
(PE)IQ/
Commodity
Credit
Corporation
(PE)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds.......................
Budget clearing accounts...........
Deposit funds.....................
Foreign currency funds.............
Allowances,foreign currency funds (-)„
Federal security holdings (at per)....
Accounts receivable:
Government agencies................
The public........................
Allowances (-)....................
Advances to:
Government agencies................
The public.........................
-439
_
152,435
_
_
_
_
_
145,115
Total selected current assets........
Loans receivable:
Repayable in dollars.................
Repayable in foreign currencies......
Allowances (-)......................
Inventories:
Items for sale........... ...........
13
3
_
_
_
_
__
_
_
_
552
66,984
_
_
.
-
_
3,332
275
_
63
7
80
-
-
-
3
71
296,875
3,255
1,779
13
-
579
87,061
19,199
_
-
_
-
_
_
_
-
.
1,098
*
-
_
• 37
-776
-
-
-
-
-
-
.
_
236
_
*
6,936
144
.
843
-
_
186
19
-
-
-4,238
-95
-
_
447
-
-
-
-502
-
-
_
_
15,035
857
635
2,641
270
728
15,382
Total selected current liabilities....
31,274
_
_
-
-
.
-
_
_
21,210
-1,203
-
_
_
_
_
_
_
_
_
_
_
_
_
_
122
573
_
_
-68
-345
_
_
_
_
_
-
-
13
-
633
87,289
8
-
135
177
730
11,979
-
-
_
1
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies................
The public........................
_
_
_
_
.
Nt
CM
2,357
_
_
_
_
.
6,544
3,276
_
-
387,743
_
_
_
_
_
-
Total assets............... ...........
.
24
_
_
_
.
-
.
_
71,559
_
-
_
_
-
Raw materials and inventories........
Stockpile materials and commodities....
Allowances (-)......................
Real property and equipment:
Land...............................
Structures and facilities............
Equipment...... ....................
Leasehold improvements...............
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors.........
Materials and supplies— other........
Other...............................
Allowances (-)......................
678
-
-
_
_
-
4.460
998
8
24,401
-
-
-
_
338
7
830
312
17,169
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other.......... ....................
Debt issued under borrowing authority:
Borrowings from Treasury.............
Agency securities outstanding........
Other.................... ..........
Other liabilities.....................
4,521
71,559
Total liabilities................. ....
107,354
3,276
1,001
8
123,009
657
i70,ll6
95,485
730
173
1,317
256
5
53
217
50
69,753
139
.
-925
_
_
-795
14,788
3,289
577
-291
-602
-
_
_
.
-
-
-
_
-
-
-
_
.
-
Unexpended budget authority:
Unobligated.........................
Undelivered orders...................
Unfinanced budget authority (-):
Unfilled customer orders.............
Contract authority...................
Borrowing authority..................
Invested capital......................
Other equity:
Receipt account equity...............
Unappropriated receipts (-)..........
Foreign currency fund equity.......
-
-
-
Total Government equity............... .
Total liabilities and Government equity..
-
280.389
—
W 7 T U
~
3
-
.
_
.
_
.
_
_
_
_
-
-
.
_
_
_
_
_
98,608
_
-
_
•
_
... i 7 i « g _
_
-27,637
-95,425
.
_
_
_
_
_
3.268
1.356
5
-123.009
-24
69,290
6,544
2,357
13
-
633
87,289
April 1974
137
............................ FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS ......
............. -
Section I - Financial Statements o f Government Agencies and Funds
Table GA-I-1. - Statements o f Financial C ondition, December 31, 1973—Continued
Agriculture Department - Continued
Rural development
Commodity Credit
CorporateLon 11/
Farmers Home Administration
Memo:
Account
Commodity
Credit
Corporation
(PE)
Funds
transferred
to others
(PE)
Agricultural
credit
insurance
fund (PE)
Economic
opportunity
loan fund
(PE) 12 /
Rural
development
insurance
fund (PE)
Rural
housing
insurance
fund (PE)
Self-help
housing land
development
fund (PE)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds......................
Budget clearing accounts........ .
Deposit funds.....................
Foreign currency funds.............
Allowances, foreign currency funds (-) „
Federal security holdings (at par)....
Accounts receivable:
Government agencies................
The public........................
Allowances (-)....................
Advances to:
Government agencies................
The public.................... .
Total selected current assets........
-196,063
47,215
4,180
-
665,078
-
41,937
-
192,801
-
297,052
-
1,831
-
4,031
349,708
-5,446
36,056
*
-2
14,568
97,860
-24,200
*
2,936
-1,576
74
31,785
-
1,394
79,234
-30
8
-
24
966
658
-
41,224
753,965
224,660
306
199,444
43,296
37,974
-22,697
408,755
-4,386
-
-
-
-
-
2
103
-
69
-
-
.
-
4,272
-3,014
_
188
-141
370
-
-259
-
629 468
1,400,265
2,020
377,957
1,839
Loans receivable:
6,030,430
Repayable in dollars.................
Repayable in foreign currencies......
-4,310
Allowances (-)......................
Inventories:
393,724
Items for sale......................
Raw materials and Inventories........
Stockpile materials and commodities....
-13,558
Allowances (-)......................
Real property and equipment:
48
Land...............................
24,636
Structures and facilities............
2,416
238
Equipment...........................
Leasehold improvements...............
834
Acquired security, pending disposition.
-26,790
-135
Allowances (-)......................
Other assets:
_
_
Work-in-process, contractors.........
Materials and supplies— other........
Other...............................
122,869
Allowances (-)......................
Total assets..........................
1,073,68412/
-71,343
4,032
-
_
1,022,523 12/
-33,893
-
33,101
.
•
836
183
-
-2
6,729,742
41,328
1,761,597
58,724
217,397
288,675
140
7,153
58,950
1,368
-
6,000
966
-
20,308
163,259
-
-
254,474
-
-
-
36,360
505,746
-
506,072
-
1,106
-
320,577
-
1,368
_
56,668
.
675,005
•
_
-
338
7
-
-
-
-
-
9,724,173
3,202,214
13,432,459
-
-
378,711
199,250
8,458
1,368
643,086
555,718
157,198
2,166
192,884
1,582,971
-
1,451
676,000
335,290
107,621
57,909
1,497,396
4,236,263
232,935
2,665
37,455
345,767
90,570
41,928
37,811
669,492
176,474
-
-
-
-
-
-
-
-
LIABILITIES
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies................
The public........................
Total selected current liabilities....
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other...............................
Debt issued under borrowing authority:
Borrowings from Treasury.............
Agency securities outstanding........
Other...............................
Other liabilities.....................
Total liabilities.....................
-
..
-
GOVERNMENT EQUITY
Unexpended budget authority:
Unobligated.........................
Undelivered orders........ ..........
Unfinanced budget authority (-):
Unfilled customer orders.............
Contract authority...................
Borrowing authority..................
Other equity:
Receipt account equity...............
Unappropriated receipts (-)..........
Foreign currency fund equity..........
1,809
30
-
-4,775,827
-
15,427
-473,521
-
-243
-2,950
-169,187
-539,310
-6,396,089
-181,611
114,342
181
-
-
-
-
-
-
-
264,200
57,356
-13,618
-182,705
2,020
58,724
629,468
1,400,265
2,020
Total Government equity................
-6,702,717
39,877
Total liabilities and Government equity..
6,729,742
41,328
Footnotes at end of section.
-
“
951397 .
Treasury Bulletin
138
______ FINANCIAL O PE R A TIO N S OF G O VERN M ENT AGENCIES AND FUNDS —
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements of Financial Condition, December 31, 1973—Continued
(In thousands of dollars)
Agriculture Department - Continued
Rural development - Continued
Consumer programs
Farmers Home Administration Continued
Agricultural Marketing Service
Account
State rural
rehabilitation
funds (TR)
All
other
Commerce Department
Forest
Service
General
Administrat ion
Economic
Development
Aflministration
Milk
market
orders
assessment
fund (TR)
Funds
transferred
from others
Commodity
Credit
Corporation
(PE)
393
-
14,629
-
378
-
119,586
1
1,648
2,123
*
1
-2
153
-
-
9,455
-
4
_
-
Working
capital
fund (IR)
Working
capital
fund (IR)
Public works
grants and
loans revolving
fund (PE)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds......................
Budget clearing accounts...........
Deposit funds.....................
Foreign currency funds.............
Allowances,foreign currency funds (-)„
Federal security holdings (at par)....
Accounts receivable:
Government agencies................
The public........................
Allowances (-)....................
Advances to:
Government agencies................
The public........................
Total selected current assets........
Loans receivable:
Repayable in dollars.................
Repayable in foreign currencies......
Allowances (-)......................
Inventories:
Items for sale......................
Work- ini-process.....................
Raw materials and inventories........
Stockpile materials and commodities....
Allowances (-)......................
Real property and equipment:
Land................................
Structures and facilities............
Equipment...........................
Leasehold improvements...............
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors.........
Materials and supplies— other........
Other...............................
Allowances (-)......................
Total assets..........................
57
-
285,797
255,781
-
13,472
713
5
-*
3,489
118
-5
229
-
1
-
_
-
_
126
_
-
-20
24
_
-
62
545,308
14,413
398
16,430
2,506
129,042
-19
-
1,655
_
-25
587
_
_
_
_
_
_
_
_
_
_
_
471,343
_
-22,858
_
_
_
\
_
_
_
_
_
6,970
_
_
_
-
-2
_
_
_
_
_
893
_
214
-
-
-
-
_
_
_
_
-
_
_
116
_
8,549
75,345
-
_
_
3,704
_
-1,368
_
*
_*
735
-
-
80
550,008
15,200
-
259,364
7,003
_
-
_
_
_
-
246
-67
-
-
-35,979
-1,087
_
_
543
-
_
-
-
7
-
_
-
447
72,453
3,406
578,069
-
5
1,767
132
1,143
2,899
-
200
-
-
_
1,766
-
LIABILITIES
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies................
The public........................
Total selected current liabilities....
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other...............................
Debt issued under borrowing authority:
Borrowings from Treasury.............
Agency securities outstanding........
Other...............................
Other liabilities.....................
Total liabilities.....................
-
_
_
_
_
-
*
-
-
107
*
266,367
1,767
137
4,150
-
_
_
-
_
_
_
1
9,980
-
_
_
_
_
_
_
_
_
-
-
-
_
_
_
_
_
_
_
_
_
761
1,342 .
_
9,252
1,487
_
-
-
2,103
10,739
_
237
-
_
_
_
_
_
-
_
_
_
-
-
-
-
-
-
276,349
1,767
137
4,150
2,340
10,739
62
227,242
51,720
12,646
212
51
13,491
6,182
1,995
153
118,303
-
-7,394
-1,745
-
-
GOVERNlffiNT EQUITY
Unexpended budget authority:
Unobligated.................... .
Undelivered orders...................
Unfinanced budget authority (-):
Unfilled customer orders.............
Contract authority...................
Borrowing authority..................
Invested capital......................
Other equity:
Receipt account equity...............
Unappropriated receipts (-)..........
Foreign currency fund equity.........
_
_
_
-
18
_
_
_
-
-
_
-
-3,683
787
48
56,024
-24
-1,597
_
_
_
_
_
-
-
-
-
_
_
_
663
_
_
_
_
_
_
449,027
_
_
-
-
-
-
-
Total Government equity................
80
273,659
13,433
310
68,304
1,066
567,330
Total liabilities and Government equity..
80
550,008
15,200
447
72,453
3,406
578,069
Footnotes at end of section.
-
-
A pril 1974
139
- ......... FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS ■ — ----------------Section I - Financial Statements of Government Agencies and Funds
Table GAtI-1. - Statements of Financial Condition, December 31, 1973—Continued
(In thousands of dollars)
Commerce Department - Continued
Science and technology
Maritime Administration
National Oceanic and Atmospheric Administration
Account
Federal ship
financing
fund, fishing
vessel (PE)
Fisheries
loan fund
(PE)
Fishermen's
guarantee
fund (PE)
Revolving
fund
(IR)
National
Bureau of
Standards
Revolving
fund (IR)
Federal ship
financing fund,
revolving
fund (PE)
Vessel
operations
revolving
fund (PE)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds......................
Budget clearing accounts...........
Deposit funds.....................
Foreign currency funds.............
Allowances, foreign currency funds (-) „
Federal security holdings (at par).....
Accounts receivable:
Government agencies................
The public........................
Allowances (-)....................
Advances to:
Government agencies................
The public........................
Total selected current assets........
Loans receivable:
Repayable in dollars.................
Repayable in foreign currencies......
Allowances (-)......................
Inventories:
Items for sale......................
Work-in-process................. .
Raw materials and inventories........
Stockpile materials and commodities....
Allowances (-)......................
Real properly and equipment:
Land...............................
Structures and facilities............
Equipment...........................
Leasehold improvements...............
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors.........
Materials and supplies— other........
Other...............................
Allowances (-)......................
Total assets...................... .
214
-
2,703
-
150
-
-
-
-
-
312
17,751
-
859
-
-
-
-
-
49,270
-
*
16,281
-
-
-
-
1,478
-433
313
-
-
3
-
20,396
807
-
1,435
-
622
-
-
150
-
310
215
216
-
1,259
3,017
315
39,478
51,780
16,924
-
6,276
-329
-
-
-
18,156
-11,408
-
-
-
-
109
-
6,367
-
-
-
24
-
-
270
-125
725
120,082
76,112
-52,818
-
-
-
-
146
-
-
2,197
4
-
1,017
-747
-
1,259
9,134
150
50
618
193,298
58,798
16,924
-
132
1
109
127
1,941
281
14,612
892
22
-
-
-
-
26,467
78
7,162
-
422
833
-113
6
21
LIABILITIES
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies................
The public........................
Total selected current liabilities....
_
413
-
110
127
-
43,098
-
8,054
-
22
-
-
-
-
-
-
-
-
-
-
-
275
-
-
-
-
810
302
127
43,098
8,864
325
-3,620
-
43,186
-
16,598
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other...............................
Debt issued under borrowing authority:
-
Borrowings from Treasury..............
Agency securities outstanding........
Other...............................
Other liabilities.....................
Total liabilities.....................
-
-
-
-
-
-
275
413
110
1,355
-
3,182
-
187
-96
-671
-
-
-
-
-
-
-
-
-
-
-275
6,117
40
304
153,819
6,748
-
-
-
-
-
-
-
-
984
8,720
40
491
150,199
49,933
16.599
1,259
9,134
150
618
193,298
58,798
16,924
\
-
GOVERNMENT EQUITY
Unexpended budget authority:
Undelivered orders...................
Unfinanced budget authority (-):
Unfilled customer orders.............
Contract authority..................
Other equity:
Receipt account equity................
Unappropriated receipts (-)...........
Foreign currency fund equity..... .
Total Government equity.................
Total liabilities and Government equity..
Footnotes at end of section.
92
1
1
Treasury Bulletin
140
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
.. ...............- ......
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements o f Financial C ondition, December 31, 1973—Continued
Defense Department
Military
Commerce Department Continued
Air Force Department
Maritime Administration Continued
Account
War-risk
insurance
revolving
fund (PE)
Defense
production
guarantees
(FE)
All
other
Industrial
fund (IR)
Stock
fund (IR)
Cadet
fund (IR)
U /
Surcharge col
lections, sales
of commissary
stores (TR)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds......................
Budget clearing accounts...........
Deposit funds....... ....*.........
Foreign currency funds.............
Allowances,foreign currency funds (-).
Federal security holdings (at per)....
Accounts receivable:
Government agencies................
The public........................
Allowances (-)....................
Advances to:
. Government agencies................
The public........................
Loans receivable:
Repayable in dollars.................
Repayable In foreign currencies......
Allowances (-)......................
Inventories:
26
1,090,482
1,043
.
.
1,792
-
92
109
195
-171
_
-
-
83
63
5,860
-
_
5,741
1
Raw materials and inventories........
Stockpile materials and commodities....
Allowances (-)......................
Real property and equipment:
Land................................
Structures and facilities............
Equipment...........................
Leasehold improvements...............
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors..........
Materials and supplies— other........
Other...............................
Allowances (-)......................
1,833
22,612
-
-
-
-
-
-
-
-
-
_
-
-
110,849
.36,029
_
103,212
832
8,815
.
442
-
-
-
-
-
-
1,091,803
1,792
.410,291
333,449
2,665
23,053
31,498
_
•
-
-
-
-
_
•
_
25,919
65,211
24,194
-
1,620,592
-
-
-
.
.
_
_
-
•
.
_
_
•
-
-
.
_
52,241
-
_
-
_
-
_
4,956
_
9,120
33,572
1,679,592 15/
239
-1,625,267 16/
_
221,421
-
.
_
263,413
-
-
-
_
3,616
* 568
1,735
.
_
-
_
_
570
-
-
_
_
Total assets..........................
5,860
1,231,431
1,792
526,184
2,006,281
2,665
23,053
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies................
The public........................
15
131,707
-
106,426
1
269,993
352,508
203,635
960
-
614
628
2,429
_
.
-
.
-
_
-
_
-
Total selected current liabilities....
1
_
376,419
_
556,143
_
960
-
1,242
_
_
_
_
_
_
.
_
_
_
_
_
_
_
-29,611
-144,377
-
-
346,808
411,767
960
1,242
_
1,705
_
13,041
8,771
_
_
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other...............................
Debt issued under borrowing authority:
Borrowings from Treasury......... .
Agency securities outstanding........
Other...............................
Other liabilities.....................
Total liabilities.....................
Unexpended budget authority:
Unobligated.............. ...... ,....
Undelivered orders...................
Unflnanced budget authority (-):
Unfilled customer orders.............
Contract authority...................
Borrowing authority..................
Invested capital...................
Other equity:
Receipt account equity...............
Unappropriated receipts (-)..........
Foreign currency fund equity.........
1,043
2,404
_
10,106
1
147,705
-
5,858
*
390,685
655,250
2,023
-231
-89,326
127,118
_
179,376 12/
_
1,594,514 12/
Total Government equity................
5,859
5,860
_
_
-
*
_
*
_
_
_
Total liabilities and Government equity..
Footnotes at end of section.
134,151
1,083,726
1,792
179,376
1,594,514
1,705
21,811
1,231,431
1,792
526,184
2 ,006,281
2,665
23,053
April 1974
141
__ — FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS ~
Section I - Financial Statements o f Government Agencies and Funds
Table GA-I-1. - Statements of Financial C ondition, December 31, 1973 —Continued
--- ,
--------------------- 1---------------------- (In thousands of dollara)_____________________________________________
Defense Department - Continued
Militaiy - Continued
A m y Department
Navy Department
Marine Corps
Account
Defense
production
guarantees
(PE)
Industrial
fund (IR)
Surcharge col
lections,sales
of commissaxy
stores (TR)
Stock
fund (IR)
u /
Defense
production
guarantees
Industrial
fund (IR)
Industrial
fund (IR)
(PE)
U /
U /
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds......................
Budget clearing accounts...........
Deposit funds.....................
Foreign currency funds.............
Allowances,foreign currency funds (-),
Federal security holdings (at par)....
Accounts receivable:
Government agencies................
The public........................
Alloirances (-)....................
Advances to:
Government agencies................
The public........................
Total selected current assets........
Loans receivable:
Repayable in dollars.................
Repayable in foreign currencies......
Allowances (-)......................
Inventories:
Items for sale......................
Raw materials and inventories........
Stockpile materials and commodities....
Allowances (-)......................
Real property and equipment:
Land...............................
Structures and facilities............
Equipment...........................
Leasehold improvements...............
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors.........
Materials and supplies— other.......
Other...............................
Allowances (-)......................
Total assets..........................
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies................
The public........................
2,191
-
85,643
-
243,069
-
23,815
-
4,004
-
295,779
-
3,874
-
_
-
85,523
3,304
-
95,379
86,678
-
-
.
-
192,547
3,611
-
500
3
-
-
-
39,616
-
-
-
-
2,191
174,471
464,743
33,815
4,004
491,938
4,377
461
-
-
-
-
2,055
-
-
-
-
27,101
9,702
18,592
-
2,358,403
-
-
-
221,396
172
32,200
1,010
131,518
-
*
-
-
-
-
-
-
-
-
-
4,030
-
59,400
-
-
-
29,463
-
51
-
2,652
233,897
2,877,216
33,815
6,059
906,516
5,610
-
13,637
167,467
136,721
120,837
-
-
55,085
610,652
876
1,413
-
21,602
94
-
-
-
1,828
6,892
-
202,799
257,557
_
674,457
2,289
-
-
-
-
-
-
-
-
-9,727
-
-
-
-118,326
-
-
-39,508
-139
-
193,073
139,231
-
-
634,949
2,150
2,191
-
-
-
33,815
6,059
-
-
-
-
-
-
-
2,737,985
-
-
271,567
-
-
Total selected current liabilities....
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other...............................
Debt issued under borrowing authority:
Borrowings from Treasury.............
Agency securities outstanding.........
Other...............................
Other liabilities.....................
Total liabilities.....................
Unexpended budget authority:
Unobligated.........................
Undelivered orders..................
Unfinanced budget authority (-):
Unfilled customer orders.............
Contract authority...................
Other equity:
Receipt account equity...............
Unappropriated receipts (-)..........
-5,330
461
40,824
-
-
-
-
-
-
-
12/
12/
12/
-
-
-
-
12/
3,459
-
-
Total Government equity..................
2,652
40,824
2,737,985
33,815
6,059
271,567
3,459
Total liabilities and Government equity..
2,652
233,897
2,877,216
. 33,815
6,059
906,516
5,610
Footnotes at end of section.
12/
Treasury Bulletin
142
Fl"MANf!TAT. OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS —
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements of Financial Condition, December 31, 1973—Continued
(In thousands of dollars)
Defense Department - Continued
Military - Continued
Navy Department - Continued
Account
Marine Corps Continued
Stock
fund (IR)
Laundry
service,
Naval
Acadeiry (PE)
Naval
working
fund (PE)
Defense agencies
Stock
fund (IR)
U.S. Naval
Academy
Midshipmen’s
store (TR)
Homeowners
assistance
fund (PE)
Industrial
fund (IR)
11,228
63,080
U/
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds......................
Budget clearing accounts...........
Deposit funds.....................
Foreign currency funds.............
Allowances,foreign currency funds(-)„
Federal security holdings (at par)....
Accounts receivable:
fionrerrunent. A g e n c i e s r
T
The public........................
Allowances (-)....................
Advances to:
Government agencies................
The public........................
Total selected current assets........
Loans receivable:
Repayable in dollars.................
Repayable in foreign currencies......
Allowances (-)................... .
Inventories:
Items for sale......................
Work- in-process........ ..............
Raw materials and inventories........
Stockpile materials and commodities....
Allowances (-)......................
Real property and equipment:
Land................................
Structures and facilities............
Equipment...........................
Leasehold improvements...............
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors.........
Materials and supplies— other........
Other...............................
Allowances (-)......................
236
34,560
30,158
_
_
_
_
_
_
137,337
_
_
-
602
-
-
-
-
-
-
-
25
93
8,572
313
_
_
_
A3,445
30,i58
355
54,691
8,812
_
225
90
_
22
200,840
938
_
_
_
_
_
_
_
-
-
-
_
_
_
_
_
_
_
_
_
_
_
-
-
-
-
_
239,537
-
1 ,380,621
_
-
-
8,119
727
-
_
_
-
-
-
' ' 11,228
-
-
_
-
912
13
7
_
-
-
71,926
-
_
543
751
163
-9,532 18/
66
-
633
355
-
_
-
-
-
-537
_
-
-
152,041
-
217
-35
4,601
-
-
-
299,253
355
30,158
1,723,971
2,568
15,829
80,362
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies................
The public........................
5,998
8,616
35
39
1,118
135,871
72,275
37
444
163
2,327
46,331
Total selected current liabilities....
14,614
Total assets........... ..............
_
16,270
.
_
_
_
_
_
-
6,979
LIABILITIES
_
1,118
75
_
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other.............. ................
Debt issued under borrowing authority:
Borrowings from Treasury.............
Agency securities outstanding........
Other...............................
Other liabilities.....................
7,633
Total liabilities.....................
22,247
41
-9
_
_
_
_
107
.
_
208,147
_
10
_
_
486
174
_
_
_
_
_
_
_
_
8,636
_
_
1,118
216,782
_
-
-3,805
44,8^4
-
_
_
-
-
.
_
2,823
-
480
2,996
436
12,255
474
-
-30
44,824
G O V ^ E N T .EQUITY
Unexpended budget authority:
Unobligated.........................
Undelivered orders...................
Unfinanced budget authority (-):
Unfilled customer orders.............
Contract authority............. .....
Borrowing authority............. .
Invested capital......................
Other equity:
Receipt account equity.......... .
Unappropriated receipts (-)..........
Foreign currency fund equity.........
Total Government equity................
Total liabilities and Government equity..
Footnotes at end of section.
_
213
35
20,260
8,779
_
22
-1,675
_
_
_
_
_
_
_
_
_
-
-
-
-
-
-
-
-
29,039
1,507,188
2 ,0 C8
12,833
_
_
277,00612/
277,006
299,253
248
355
_
_
1,507,1821Z/
_
_
1,630
-
_
_
-
-
1,778
35,538 12
_
30,158
1,723,971
2,568
15,429
35,538
..."SG^ST
A pril 1974
143
... — FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS —
Section I - Financial Statements o f Government Agencies and Funds
Table GA-I-1. - Statements o f Financial C ondition, December 31, 1973—Continued
Health, Education, and Welfare Department
Defense Department - Continued
Military Continued
Account
Civil
Food and Drug
Administration
A m y Department
Health Services and
Mental Health Administration
Panama Canal
Defense
agencies Continued
Corps of
Engineers
fund (IR)
Revolving
fund (IR)
Panama
Canal
Company (PE)
U.S. Soldiers'
and Airmen's
Home revolving
fund (TR)Stock
Revolving
fund for
certification
and other
services (PE)
Medical
facilities
guarantee
and loan
fund (PE)
Operation of
commissaries,
narcotic
hospitals (PE)
/LqgBTB
Selected current assets:
Fund balances with Treasury:
Budget funds............... .......
Budget clearing accounts...........
Deposit funds................. .
Foreign currency funds.............
Allowances, foreign currency funds (-)•
Federal security holdings (at par)....
Accounts receivable:
Government agencies.......... .
The public........................
Allowances (-)....................
Advances to:
Government agencies................
The public........................
Total selected current assets........
Loans receivable:
Repayable in dollars.................
Repayable in foreign currencies......
Allowances (-)......................
Inventories:
Items for sale......................
Work- in-process.....................
Raw materials and inventories........
Stockpile materials and canmodities.,..
Allowances (-)..,...................
Real property and equipment:
Land................................
Structures and facilities............
Equipment...........................
Leasehold improvements...............
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work- in-process, contractors........ .
Materials and supplies— other........
Other...............................
Allowances (-)......................
Total assets............. ...... ......
39,367
-
-
33,111
-
-
44
-
-
-
-
-
318,366
24
-
41,684
1,925
-
6,713
10,797
-2,297
-
-
-
3
-
*
-
-
-
-
100
-
-
-
261
8
-
-
492,124
77,081
54,580
46
1,905
88,113
25
-
-
-
-
-
18,174
-
-
-
17,489
135
273
-669
100
-
-
5
-
-
3,706
62,772
3a, 794
-199,257
15,711
709,238
97,375
-325,200
-
1,178
-
-
-20
97,694
-
10,424
25,085
-
-
5
-
321,605
147
2,602
-
3,282,917
12,534
17,243
598,711
106,287
44
55,311
401,523
5,520
51,375
3,656
30,629
167
566
-
-
-
6
11
-
42,567
445
162
-
389
-
-
1
3
456,834
-
99,907
-
34,450
-
6
1,122
7
14
-
-
-
-
-
15,681
-
9,098
27,256
-
-
-
-
-
-
-
-
-
-
-
-
-
173,734
-
2,694,746
-1,648 18/
-
-
1,895
-
88,113
17
-
-
-
-
-
-
-
2
-480
8
28
- ‘
-
LIABILITIES
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies........... .
The public........................
Total selected current liabilities....
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other...............................
Debt issued under borrowing authority:
Borrowings from Treasury.............
Agency securities outstanding........
Other...............................
Other liabilities.......................
Total liabilities.......................
Unexpended budget authority:
Unobligated........... ................
Undelivered orders........ ..........
Unfinanced budget authority (-):
Unfilled customer orders.............
Contract authority...................
Borrowing authority..................
3
-
-
-54,041
2,771
-
-
-
-
-
402,793
118,359
70,804
6
1,122
7
14
1,440
43,235
12,782
17,349
14
26
502
281
88,106
-
10
1
-67,501
226,072
-10,000
507,776
-
18,174
-
100
698
19
-
-
141
1,480
106,280
30
147
2,602
106,287
44
-
2,880,123 17/
Other equity:
Receipt account equity...............
Unappropriated receipts (-)..........
Foreign currency fund equity.........
-
-
Total Government equity............ «...
2,880,123
203,245
527,907
Total liabilities and Government equity..
3,282,917
321,605
598,711
Footnotes at end of section.
6
Treasury Bulletin
144
— . .— FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS —
Section I - Financial Statements of Government Agencies and Funds
Table GA*I-1. • Statements of Financial C ondition, December 31, 1973 —Continued
(In thousands of dollars)
Health, Education, and Welfare Department - Continued
Health Services and
Mental Health Administration Continued
Account
Narcotic
hospitals
Working
capital
fund (IR)
National Institutes of Health
Health
professions
education
fund (PE)
Service
and
supply
fund (IR)
Nurse
training
fund
(PE)
Office of :
Education
Service
and
supply
fund (IR)
Higher
education
facilities
loans fund
(PE)
•
Student
loan
insurance
fund (PE)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds...................
Budget clearing accounts........ ..,
Deposit funds....................
Foreign currency funds.............
Allowances,foreign currency funds(-) „
Federal security holdings (at par)....
Accounts receivable:
Government agencies................
The public...........................
Allowances
........ .
Advances to:
Government agencies.... ........ .
The public.........................
Total selected current assets........
Loans receivable:
Repayable in dollars.................
Repayable in foreign currencies......
Allowances (-).......................
Inventories:
Items for sale............ ..........
Work- in-process........ .............
Raw materials and inventories........
Stockpile materials and commodities....
Allowances (-) ......................
Real property and equipment:
Land......... ......................
Structures and facilities............
Equipment............................
Leasehold improvements...............
Acquired security, pending disposition.
Allowances
..... .......
Other assets:
Work-in-process, contractors.........
Materials and supplies*--other.....
Other........ .......................
Allowances (-)......................
Total assets............. .............
78
718
1,639
4,472
-
-
-
-
48
_
-
-
2,029
2
_
-
-
-
-
4,218
-
5,595
-
-
8,779
3,819
-
10,798
-5,449
25
57
6
1,950
-
10,477
146,054
30,038
10,554
_
-
-
_
-
28,973 11/
-
_
8,715
12,451 U /
-
473,800 12/
-
-
-
-
-
-
-
-
627
-50
-
-
1,969
-
-
-
-
-
-
27
-
22,511
-12,381
94,141
766
-
-
-138
-305
2
-
-
-
_
-
202
5,109
39,527
21,166
12,676
620,508
-
13,117
7,110
-
_
•
-
-
151
-
119,940
-65,967
_
_
280
-
-
_
_
-
-
3,483
_
-
-
126
61
-
-
136
1,045
3
116
1
24,689
-
735
_*
_
140,285
-
-
-
-
4,819
-
LIABILITIES
Selected current liabilities:
Accounts payable:
Government agencies................
The public........ ...............
Advances from:
Government agencies................
The public........................
27
513
1,867
590
380
228
43
-
104
-
-
2,814
-
-
-
-
_
2 4 ,1 0 1
Total selected current liabilities....
27
2,484
969
271
9,924
13,117
24,101
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave ................ .
Other.................... ..........
Debt issued under borrowing authority:
Borrowings from Treasury.............
Agency securities outstanding........
Other........................ .......
Other liabilities.....................
_
-
-
-
-
-
_
_
-
-
-
-
-
-
302,627
_
-
_
-
-
-
11,459
-1,068
3,110
-2,656
182,903
-12,721
-
-
-
-
-
Total liabilities.....................
27
2,484
11,360
725
9,924
183,299
326,728
68
32
46
953
669
8,916
4,201
4,243
553
4,675
118,962
13,975
5,937
-
-
-
-
-4,675
-
-
-
76
1,626
18,582
11,997
2,199
304,272
-238,524
-
-
-
-
-
-
176
2,625
28,167
20,440
2,751
437,209
-232,587
5,109
39,527
. 21,166
12,676
620,508
94,141
-
-
GOVERNMENT EQUITY
Unexpended budget authority:
Unobligated.........................
Undelivered orders...................
Unfinanced budget authority (-):
Unfilled customer orders .............
Contract authority...................
Borrowing authority.......... .......
Invested capital......................
Other equity:
Receipt account equity...............
Unappropriated receipts (-) ......... .
Foreign currency fund equity.........
Total Government equity................
Total liabilities and Government equity..
Footnotes at end of section.
202
-
-
April 1974
145
—.... —FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS*—
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements of Financial Condition, December 31, 1973—Continued
HEW
Housing and Urban Development Department
Housing production and mortgage credit
Continued
Account
Office of
the Secretary
Working
capital
fund (IR)
2/
_ A
. ,._
rcuciox nwuoxLig auiuxluo uxauxvu
Funds
transferred
from others
Appalachian
housing
fund (PE)
Revolving
fund (PE)
2/
Housing for
the elderly or
handicapped
(PE)
College
housing
loans
(PE)
Nonprofit
sponsor
assistance
(PE)
Low-rent
public
housing
program (PE)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds......................
Budget clearing accounts...........
Deposit funds.....................
Foreign currency funds.............
Allowances, foreign currency funds (-).
Federal security holdings (at par)....
Accounts receivable:
Government agencies................
The public........................
Allowances (-)....................
Advances to:
Government agencies................
The public........................
Total selected current assets........
Loans receivable:
Repayable in dollars.................
Repayable in foreign currencies......
Allowances (-)......................
Inventories:
Items for sale......................
Work-in-process.....................
Raw materials and inventories........
Stockpile materials and commodities....
Allowances (-)......................
Real property and equipment:
Land...............................
Structures and facilities....... :....
Equipment................... ,......
Leasehold improvements..... .........
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors.........
Materials and supplies--other........
Other.... ..........................
Allowances (-)......................
Total assets..........................
14,185
_
_
_
_
4,072
_
_
_
1,335,375
2,292
49,510
302,500
_
2,888
-
-
42
-
-
359
16,620
4,072
1,915,847
_
1,396
_
1,358,706
-430,588
26
-
-
-
-
_
_
_
_
_
_
-
3,180
-1,153
-
1,522,996
-587,816
2,669
-29
_
*
-
_
_
-
-300
_
37
-
_
-
181
-
-
.
-
-
_
3
108
-108
18,711
5,468
3,779,326
561,540
3,343,785
9,728
141,123
1,876
4,424
-
84,571
256,519
1,112
46,291
1,346
212
_
36
1,106
-
5,642
-
-
56,641
_
-
_
-
-
-
11,942
-
_
-
397,731
-
2,458
-
46,503
_
36
_
3,351
-
_
-
_
-
.
-
-
-
_
_
97,323
-3,433
-
2,811,000
466,960
-1,890
-
-
30,000
3,322,572
36
33,351
101
228,102
_
-
37,178
_
_
-
68,024
_
-
7,100
_
-
-
_
-
6,893
26,828
-1,076
_
_
_
_
3,508
2,470
-
3,011
-
_
-
_
6,264
42,018
103,679
7,100
24,712
2,628
-
117,344
-518
522,104 12/
- 5,221
-
3,244,139 12/
-4,033
15,426
_
_
-
.-486
-1,269
_
r
_
130
483
20
_
_
LIABILITIES
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies................
The public........................
Total selected current liabilities....
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other...............................
Debt issued under borrowing authority:
Borrowings from Treasury.............
Agency securities outstanding........
Other...............................
Other liabilities.....................
Total liabilities.....................
-
-
1 ,641,000
-
-
-
-
11,942
-
411,650
7,454
2,457,836
96,348
GOVERNMENT EQUITY
Unexpended budget authority:
Unobligated.........................
Undelivered orders...................
Unfinanced budget authority (-):
Unfilled customer orders.............
Contract authority...................
Borrowing authority..................
Invested capital......................
Other equity:
Receipt account equity...............
Unappropriated receipts (-)..........
Foreign currency fund equity.........
2,246
9.
_
_
-
•
2,073
2,604
2,300
1,518,115
1,772
-
38,870
690
1,007,137
14,040
6,054
1,009
9a, 558
549,802
2,091
1,396
-196,626
425,633
-964,000
-35,964
2,628
-1,470,000
86,412
-
-
-
-
-
-
-
-
-
-
-
-
Total Government equity................
6,768
5,468
1,321,490
465,192
21,213
9.691
107.772
Total liabilities and Government equity..
18,711
5,468
3,779,326
.561,540
3,343,785
9,728
141,123
Footnotes at end of section.
-
-
-
Treasury Bulletin
146
...........FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS _
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements of Financial C ondition, December 31, 1973—Continued
(In thousands of dollars)__________________________________
______ Housing and Urban Development Department - Continued
Housing production and mortgage credit - Continued
Government National Mortgage Association
Account
Guarantees of
mortgage-backed
Securities
fund (PE)
Management and
liquidating
functions
fund (PE)
Participation
sales
fund
(PE)
Housing management
Special
assistance
functions
fund (PE)
Community
disposal
operations
fund (PE)
Rental
housing
assistance
fund (PE)
Liquidating
programs (PE)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds................ ......
Budget clearing accounts.....*.....
Deposit funds....... ......... .
Foreign currency funds........ .
Allowances, foreign currency funds (-) „
Federal security holdings (at par).*...
Accounts receivable:
Government agencies................
The public........................
Allowances (-)............ *.......
Advances to:
Government agencies................
The public........................
Total selected current assets........
Loans receivable:
Repayable in dollars.................
Repayable in foreign currencies......
Allowances (-)......................
Inventories:
Items for sale......................
Raw materials and inventories........
Stockpile materials and commodities....
Allowances (-)......................
Real property and equipment:
Land.............. ..................
Structures and facilities............
Equipment...........................
Leasehold improvements...............
Acquired security, pending disposition.
Allowances (-)................... ...
Other assets:
Work-in-process, contractors.........
Materials and supplies— other........
Other........ ......................
Allowances (-)......................
Total assets..........................
21
11,623
107
46,687
17
1,057,210
131
90,035
2,763
388
1,470
13,044
14,349
•
44
433
-
4,232
6,635
-109
12,576
-
27,695
70,846
-660
8
-
-472
-
_
349
-290
-
25,372
-
93,155
-
_
-
_
-
-
12,120
82,924
1,069,802
281,202
3,158
14,042
14,407
5,169
-71
.
-
72,189
_
-40,888
-
-
r
416,590 U /
-
-
-
-
-
-
-
-
_
-
_
_
.
_
-
_
-
_
-
-
739
-
_
-
.
_
-
_
_
-
-
-
-
-
12,120
699
—t
-
-
-
3,509,363 U /
_
-
-
_
_
_
_
2,385
_
-2,385
-
500,213
1,069,802
3,791,304
8,257
14,042
45,708
_
18,650
10,684
181,930
81,071
96,486
142,351
179
89
*
52
_
-
_
-
_
-
_
-
_
_
_
-
-
-
.
29,334
263,000
_
238,837
_
179
_
89
_
53
_
_
-
-
_
_
_
-
71,080
492,606
-184,355
-
-
3,293,375
794,173
-110,565
-
_
-
_
•
-
_
_
-
-
408,665
263,000
4,215,820
179
89
53
12,120
53,590
-
806,802
13,954
-
4,415,492
382,332
2,979
-
9.657
4,697
_
-
_
-
_
_
_
-
-
_
-
_
_
-
LIABILITIES
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies................
The public........................
Total selected current liabilities....
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave................ .
Other...............................
Debt Issued under borrowing authority:
Borrowings from Treasury.............
Agency securities outstanding.......
Other...............................
Other liabilities.....................
Total liabilities.....................
Unexpended budget authority:
Unobligated.........................
Undelivered orders...................
Unfinanced budget authority (-):
Unfilled customer orders.............
Contract authority...................
Borrowing authority..................
Invested capital............ ..........
Other equity:
Receipt account equity...............
-
-
-
-4,755,459
-466,881
5,098
37,958
-
Foreign currency fund equity.........
-
-
-
-
-
Total Government equity................
12,120
91,548
806,802
-424,516
Total liabilities and Government equity.*
12,120
500,213
1,069,802
3,791,304
Footnotes at end of section.
_
_
.
_
_
_
-
_
•
31,301
_
-
-
-
8,078
13,954
45,655
8,257
14,042
45,708
April 1974
147
.....................FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS n..
Section I - Financial Statements of Government Agencies and Funds
Table GA*I>1. - Statements of Financial Condition, December 31, 1973—Continued
—
—
----------------------------------------------- -------------------------------------(In tttwwffBft 9f flgUm)______________________________________________________________
Housing and Urban Development Department - Continued
Community development
Account
New
communities
guarantee
fund (PE)
Public
facility
loans (PE)
Rehabilitation
loan fund
(PE)
Departmental
management
Federal Insurance
Administration
planning and
management
Urban
renewal
program (PE)
Natlonal
flood
insurance
fund (PE)
National
insurance
development
fund (PE)
Working
capital
fund
(IR)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds......................
Budget clearing acoounts...........
Deposit funds.....................
Foreign currency funds.............
Allowances,foreign currency funds (-).
Federal security holdings (at per)....
Accounts receivable:
Government agencies................
The public........................
Alloirances (-)....................
Advances to:
Government agencies................
The public................... .....
Total selected current assets........
Loans receivable:
Repayable in dollars.................
Repayable in foreign currencies......
Allowances (-)......................
Inventories:
Items for sale......................
Raw materials and inventories........
Stockpile materials and camnodities....
Allowances (-)......................
Real property and equipment:
Land................................
Structures and facilities............
Equipment...........................
Leasehold improvements...............
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors.........
Materials and supplies— other........
Other...............................
Allowances (-)......................
116
9,903
9,457
-
101,947
-
2,964,939
-
-
2,408
84,636
5,803
.
-
107
595
-
32
9,063
-3,079
1,864
-709
12,805
-
614
-
299
463
1,433
-
4,041
-
-
_
-
_
-
_
1,013
.
-
10,721
19,515
103,103
2,977,744
614
88,819
7,235
362,620
_
.
•
_
469,402 U /
_
-
-14,082
200,640
-20,064
-
_
_
-
_
.
-
-
_
_
-
216
-
-
-
-
-
_
_
_
-
-
_
.
-
3,839
-
.
343
-34
-1,425
_
_
-
-
-
•
.
-
-
-
-
3,340,364
614
88,819
9,866
990
27,333
300
902
1,393
2,463
-
-
_
_
_
-
-
_
_
-
-
Total assets....... ..................
10,721
474,^35
34
-34
283,988
LIABXMXI3S
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies................
The public................. .......
_
11,720
3
260
401
10,569
298
_
_
-
-
-
-
-
_
1,984
.
-
_
11,723
_
660
10,866
_
28,322
3,186
3,856
••
_
_
_
_
_
350,500
143,046
-7,820
-
800,000
-
45,905
-
.
-
.
-
Total selected current liabilities....
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other...............................
Debt issued under borrowing authority:
Borrowings from Treasury.............
Agency securities outstanding........
Other...............................
Other liabilities.....................
Total liabilities.....................
Unexpended budget authority:
Unobligated.........................
Unfinanced budget authority (-):
Contract authority...................
Borrowing authority..................
_
_
_
Total liabilities and Government equity..
Footnotes at end of section.
_
-
-
-
-
-
-
-
-
497,448
660
810,866
74,227
3,186
3,856
10,629
92
175,972
81,319
92,457
9,986
4 J950,187
1,222,191
176,387
-
335,587
46
13,647
3^763
-249,500
-30,405
180,885
-3,005,500
-200,000
-437,380
-204,095
-45,905
-250,000
-
-14,031
2,631
*
-
_
_
-
-
-
-
-
-
10,721
-22,613
283,328
2,529,498
-73,613
85.633
6.010
10,721
474,835
283,988
3,340,364
614
88,819
9,866
.
-
-
Other equity:
Unappropriated receipts (-)..........
Foreign currency fund equity.........
_
_
Treasuiy Bulletin
148
FTWAMflTAT, OPERATIONS OP GOVERNMENT AGENCIES AND FUNDS —
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements of Financial Condition, December 31, 1973—Continued
___________________________ _________________________(In thousands of dollars)_____________________________________________
Interior Department
Public land management
Bureau of Indian Affairs
Account
Liquidation
of Hoonah
housing
project (PE)
Revolving
fund for
loans
(p i )
Territorial
Affairs
Alaska
public
works
Mineral resources
Geological
Bureau of
QUX VCjr
Mines
Funds
transferred
from others
Expansion
of defense
production (PE)
Helium
fund (PE)
Water and power resources
Bureau of Reclamation
Funds for emer
gency expenses,
Fort Peck
Project,
Montana (PE)
Upper
Colorado
River
Basin
fund (PE)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds........................
Budget clearing accounts............
Deposit funds...................... .
Foreign currency funds..............
Allowances,foreign currency funds(-)„
Federal security holdings (at par)....
Accounts receivable:
Government agencies.................
The public.... ......................
Allowances (-)......................
Advances to:
Government agencies.................
The public..........................
Total selected current assets.........
Loans receivable:
Repayable in dollars..................
Repayable in foreign currencies.......
Allowances (-)........................
Inventories:
Items for sale........................
Work- in-process......... .......
Raw materials and inventories.........
Stockpile materials and commodities....
Allowances (-)........................
Real property and equipment:
Land..................................
Structures and facilities.............
Equipment.............................
Leasehold improvements................
Acquired security, pending disposition.
Allowances (-)........................
Other assets:
Work-in-process, contractors..........
Materials and supplies— other.........
Other.................................
Allowances (-)........................
Total assets............................
515
-
5,968
-
-
-
-
-
-
420
1,820
-
-
“
-
-
_
1
3
70
93
3,422
-
515
8,385
1,411
56,134
131
-120
28,156
-2,315
529
-
* 1,572
-
-
-
-
_
-
_
-
-
-
93
-
3,422
-
103
-
-
-
-
-
-
-
-
-
-
-
-
-
•
-
176
-
_
_
471
1
_
513,262
_
562
814
6
_
45,372
1
25
7,755
2,615
_
_
_
_
_
_
_
_
_
321
-
_
_
_
_
_
_
_
_
680
_
_
1,034
17,616
36,430
1,025
_
-28,212
25
18,202
364
342
782,999
3,998
-1,949
-10,634
2,045
_
8
63
90,551
-
-
_
_
27,403
-
-
-
-
-
29,262
529
2,087
552,056
18,468
951.130
11,968
2
40
51,972
100
20
5,132
2,876
*
lmilxties
Selected current liabilities:
Accounts payable:
Government agencies....... ..........
The public..........................
Advances from:
Government agencies............ .
The public..........................
-
-
—
-
-
-
-
-
-
-
-
-
1,628
-
-
11,970
53,640
121
8,324
-
-
-
-
176
6
321
-
-
-
-
—
Total selected current liabilities....
_
_
-
_
315
Deposit fund liabilities................
Unfunded liabilities:
Accrued annual leave..................
Other.................................
Debt issued under borrowing authority:
Borrowings from Treasury......... .
Agency securities outstanding.........
Other.................................
Other liabilities.......................
-
-
-
-
60
10,229
Total liabilities.......................
-
-
-
50,770
433,396
186
18,874
93
3,422
-
1,695
39,438
89
156
38,800
-
_
251,650
_
_
127,930 W
_
_
_
_
_
GOVERNMENT EQUITY
Unexpended budget authority:
Unobligated...........................
Undelivered orders....................
Unfinanced budget authority (-):
Unfilled customer orders..............
Contract authority.............. .....
Borrowing authority...................
•
-
-
-
_
-
-89
-36,311
-3,127
118,659
_
-156
_
35,018
7,375
_
_
10
25,840
Other equity:
Receipt account equity................
Unappropriated receipts (-)...........
Foreign currency fund equity..........
-
-
Total Government equity.................
103
29,262
529
-48,684
118,659
18.282
932.257
103
29,262
529
2,087
552,056
18,468
951,130
Total liabilities and Government equity..
Footnotes at end of section.
529
-
-13,150
-37,228
-
_
_
-
18,282
_
_
889,864
_
_
_
April 1974
149
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements of Financial C ondition, December 31, 1973—Continued
(In thousands of dollars)
Interior Department - Continued
- Continued
Water and power resources •
Account
Bureau of
ReclamationContinued
Lower
Colorado
River Basin
fund (PE)
Alaska
Power
Administration
Bonneville
power
Administrat ion
Secretarial
Offices
Southeastern
Power
Administration
Southwestern
Power
Administration
Working
capital
fund (IR)
2/
Justice
Department
Legal
activities
and general
adminis trati on
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds........................
Budget clearing accounts............
Deposit f\onds.......................
Foreign currency funds..............
Allowances,foreign currency funds(-) „
Federal security holdings (at par)....
Accounts receivable:
Government agencies.................
The public..........................
Allowances (-)......................
Advances to:
Government agencies.................
The public..........................
Total selected current assets.........
Loans receivable:
Repayable in dollars..................
Repayable in foreign currencies.......
Allowances (-)........................
Inventories:
Items for sale........................
Work-in-process.......................
Raw materials and inventories.........
Stockpile materials and commodities....
Allowances (-)........................
Real property and equipment:
Land..................................
Structures and facilities.............
Equipment.............................
Leasehold improvements................
Acquired security, pending disposition.
Allowances (-)........................
Other assets:
Work-in-process, contractors..........
Materials and supplies— other.........
Other.................................
Allowances (-)........................
41,765
2
-
879
9
-
149,997
1
775
-
610
1
-
5,208
18
-
761
-
133,090
185
6,023
-
12
*
166
-
31,801
29,130
-
303
2,429
-
594
6,319
-
1,132
-
2,551
217
1,497
1,063
-
-
-
-
299
-
5
52
4
41,780
1,055
212,002
3,344
12,143
1,949
144,626
-
-
-
-
-
-
-
_
_
-
14,658
-
_
_
995
_
180
45
-
-
-
8
33,691
133
-1,839
15,922
1,169,860
33,378
57,387
-210,944
_
93
-53
194
50,989
1,829
4,721
-7,560
485
_
-344
15,941
-
_
-
—
418,256
-
378
_
-
4,799
-
1
8,465
-
165,119
_
32,436
-275
_
-
_
3,263
-
191,381
41,515
1,489,545
3,385
66,574
2,315
578,823
Selected current liabilities:
Accounts payable:
Government agencies.................
The public..........................
Advances from:
Government agencies.................
The public..........................
1
532
2
24
31,954
30,395
2
15
70
817
774
389
6,051
17,569
_
-
_
-
_
-
_
-
_
-
293
-
_
-
1,456
23,619
Total assets............................
144,424
_
LIABILITIES
Total selected current liabilities....
533
26
62,350
17
887
Deposit fund liabilities................
Unfunded liabilities:
Accrued annual leave..................
Other.................................
Debt issued under borrowing authority:
Borrowings from Treasury..............
Agency securities outstanding.........
Other.................................
Other liabilities.......................
2
9
775
1
18
_
_
53
_
_
_
210
_
172
11,457
-
_
_
_
_
_
_
345
28,791
_
_
_
-
_
_
-
_
_
-
_
418,256
Total liabilities.......................
535
380
91,916
71
1,115
1.628
459,355
16,185
72,517
832
37
76,545
58,313
578
16
3,992
333
493
112,470
8,898
-47,449
_
_
_
40,265
_
_
1,248,752
_
_
-12
_
54,220
14,020
_
2,733
_
12,518
-5,605
6,023
GOVERNMENT EQUITY
Unexpended budget authority:
Unobligated...........................
Undelivered orders....................
Unfinanced budget authority (-):
Unfilled customer orders..............
Contract authority....................
149,609
Other equity:
Receipt account equity................
Unappropriated receipts (-)...........
Foreign currency fund equity..........
Total liabilities and Government equity..
_
_
194
-6,570
4,484
_
_
185
_
-
-16
_
_
190,846
41,135
1,397,629
3,314
65,459
687
119,468
191,381
41,515
1,489,545
3,385
66,574
2,315
578,823
_
-
-
Treasury Bulletin
150
, .FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS —
Section I - Financial Statements o f Government Agencies and Funds
Table GA-I-1. - Statements o f Financial Condition, December 31, 1973—Continued
Justice Department -
Continued
Federal Prison System
Account
Federal
Prison
Industries,
Inc. (IR)i/
Commissary
funds,
Federal
prisons (TR)
Labor Department
Drug
Enforcement
Administration
Funds
transferred
from others
AID
Development
loan fund (PE)
Manpower
Administration
Advances to
employment
security
administration
account (IR)2C^
State Department
Departmental
management
Working
capital
fund (IR)
Working
capital
fund (IR)
Loans to
Finlapd
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds......................
Budget clearing accounts...........
Deposit funds.....................
Foreign currency funds.............
Allowances,foreign currency funds(-).
Federal security holdings (at par)....
Accounts receivable:
Government agencies................
The public........................
Alloirances (-)....................
Advances to:
Government agencies................
The public.....................
Total selected current assets........
Loans receivable:
Repayable In dollars.................
Repayable In foreign currencies.......
Allowances (-)......................
Inventories:
Items for sale......................
Raw materials and inventories........
Stockpile materials and commodities....
Allowances (-)......................
Real property and equipment:
Land................................
Structures and facilities....*.......
Equipment...........................
Leasehold Improvements........ ......
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors.........
Materials and supplies— other........
Other...............................
Allowances (-)......................
Total assets..........................
4,638
.
18
-
2
347,231
-
-
_
_
.
_
_
493
_
.
6,983
22
_
4
2
_
_
-
-
_
_
_
_
_
587
_
3,220
7
_
_
5
_
-
21
-
*
347,231
9,045
5
1,741
_
.
_
_
_
_
_
3,213
-
_
_
151
_
_
_
_
_
_
_
_
_
_
_
_
.
_
_
_
1,180
_
_
-647
_
_
_
..
_
_
-
_
_
9,730
_
_
-
*
_
_
_
-
_
-
11,661
499
3
.
.
_
_
_
4,684
4,150
13,012
_
_
549
_
_
5,797
.
„
.
_
_
25,525
20,455
.
_
-15,938
92
672
-174
_
_
166
63,^5
.
_
_
1,638
.
-
_
_
_
-
3
347,231
1,295
4,422
4
281
3
-
_
-
_
3
_
1,132
21
675
_
_
1,496
-1,178
3,218
2,733
ilAPJLJTI^
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies................
The public...................... .
Total selected current liabilities....
5,717
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other...............................
Debt issued under borrowing authority:
Borrowings from Treasury,............
Agency securities outstanding........
Other..................... .........
Other liabilities.....................
18
286
_
4,470
2,147
„•
_
-
1,174
-
7,790
_
_
1,186
582
141
1,910
_
.
.
.
_
.
5,735
_
_
286
_
-
_
-
-
_
-
3
-
8,587
-
27,007
16,159
-4
218
347,231
-
708
548
*
-37,240
52,054
1,139
_
-
.
-112
_
.
3,213
1,352
*
5
.
-
_
_
-
347,231
-
Total Government equity...... .........
57,980
1,143
3,218
578
Total liabilities and Government equity..
63,715
1,638
3
347,231
9,730
3,218
2,733
Total liabilities.....................
797
_
246
_
_
2,155
•
GOVERNMENT EQUITY
-
1
Footnotes at end of section.
-
2,905
1.099
; •Sst
Unexpended budget authority:
Unobligated.................... ,....
Undelivered orders.......... ........
Unfinanced budget authority (-):
Unfilled customer orders.............
Contract authority...................
Borrowing authority............ .....
Invested capital......................
Other equity:
Receipt account equity...............
Unappropriated receipts (-)..........
Foreign currency fund equity.........
_
747
April 1974
151
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section I - Financial Statements o f Government Agencies and Funds
Table GA-I*1. - Statements o f Financial C ondition, December 31, 1973 —Continued
Transportation Department
State Departmentcontinued
Funds transferred from others
Account
Agency for International
Development
Alliance for
progress loan
fund (PE)
Development
loan fund
(PE)
Coast Guard
Office of the
Security
Working
capital
fund (IR)
Supply
fund (IR)
Yard
fund (IR)
Cadet
fund (TR)
Surcharge
collections,
sales of
commissary
stores (TR)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds......................
Budget clearing accounts........ .
Deposit funds.....................
Foreign currency funds.............
Allowances, foreign currency funds (-)„
Federal security holdings (at par)....
Accounts receivable:
Government agencies................
The imblic........................
Allowances (-)....................
Advances to:
Government agencies................
The public........................
Total selected current assets........
Loans receivable:
Repayable in dollars.................
Repayable in foreign currencies......
Allowances (-)......................
Inventories:
Items for sale......................
81
-
6,000
-
-
-
-
-
-
-
-
-
_
_
_
-
1,456
_
_
2,284
265
3,542
7
_
94
529
-
7
1,011
2
5,966
_
-
4,832
6,000
19,493
_
1,282
_
81
_
_
.
.
-
-
.
-
-
_r
-
45
88
14,217
-
_
3,324
_
-
_
.
-
-
Raw materials and inventories........
Stockpile materials and conmodities....
Allowances (-)......................
Real property and equipment:
Land................................
Structures and facilities............
658
4,832
_
_
-452
-
3,415
-
-
-
-
_
.
-
-
-129
-
-
797
14,709
3,792
_
-700
_
_
_
_
-
_
-
_
_
.
-
2,367
-
-
324
_
-322
-
-
4,832
6,000
4,016
20,184
32,660
1,285
81
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies................
The public........................
4,832
.
6,000
377
4,804
2,924
939
1,571
1
88
1
-
_
-
_
-
421
.
-
18,116
-
94
1,099
Total selected current liabilities....
4,832
6,000
798
7,728
20,625
1,282
Leasehold improvements...............
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors.........
Materials and supplies— other........
Other............................. .
Allowances (-)......................
Total assets..........................
_
•
.
_
_
_
_
_
-
15,943
-
_
1,205
-9,327
.
-
-
_
-
£££g£LI?ra
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Debt Issued under borrowing authority:
Borrowings from Treasury.............
Agency securities outstanding........
Other...............................
Other liabilities.....................
Total liabilities.....................
_
_
_
_
_
_
_
_
_
_
236
_
_
_
_
.
_
_
_
_
.
_
1
_
_
-
-
-
-
-
-
-
-
4,832
6,000
1,034
7,728
20,625
1,282
1
212
3,969
222
8,727
9,254
7,729
_
-3,969
-10,710
-18,116
_
13,168
80
GOVERNMENT EQUITY
Unexpended budget authority:
Unobligated.........................
Undelivered orders...................
Unflnanced budget authority (-):
Unfilled customer orders.............
Contract authority...................
_
„
Invested capital......................
Other equity:
Receipt account equity...............
Unappropriated receipts (-)..........
Foreign currency fund equity.........
_
Total Government equity................
-
-
4,832
6,000
Total liabilities and Government equity..
Footnotes at end of section.
_
2,769
_
•
_
14,217
_
_
_
_
_
.
-
2,982
12,456
12,035
-
80
4,016
20,184
32,660
1,282
81
_
_
_
Treasury Bulletin
152
______ FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS —
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements of Financial Condition, December 31, 1973—Continued
(In thousands of dollars)
Transportation Department - Continued
Federal
Aviation
Administration
Federal
Highway
Administrat ion
Aviation war
risk insurance
revolving fund
(PE)
Right-of-way
revolving
fund
(TR)
Federal
Railroad
Administration
Account
Alaska
railroad
revolving
fund (PE)
Treasury Department
Saint Lawrence
Seaway
Development
Corporation
(PE)
Urban Mass
Transport at ion
Administrat ion
Urban mass
transportat ion
fund (PE)
Office of the Secretary
Federal Farm
Mortgage
Corporation
liquidation
fund (PE)
Reconstruct ion
Finance
Corporation
liquidation
fund (PE)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds........................
Budget clearing accounts............
Deposit funds.......................
Foreign currency funds..............
Allowances,foreign currency funds(-) „
Federal security holdings (at par)....
Accounts receivable:
Government agencies.................
The public..........................
Allowances (-)......................
Advances to:
Government agencies.................
The public..........................
Total selected current assets.........
Loans receivable:
Repayable in dollars..................
Repayable in foreign currencies.......
Allowances (-)........................
Inventories:
Items for sale........................
Work-in-process........................
Raw materials and inventories.........
Stockpile materials and commodities....
Allowances (-)........................
Real properly and equipment:
Land..................................
Structures and facilities.............
Equipment.............................
Leasehold improvements................
Acquired security, pending disposition.
Allowances (-)........................
Other assets:
Work-in-process, contractors..........
Materials and supplies— other.........
Other.................. ...............
Allowances (-)........................
Total assets........... ................
2,407
147
-
2,746
_
_
12,636
7,754
-
_
_
41,204
659,489
-
91
-
-
_
-
_
-
•
-
260
_
_
_
_
_
2,029
1,976
-7
1,355
_
_
1,215
_
_
_
19
-
18
_
-
823
2,044
_
-
_
-
41,204
6,568
4,101
663,570
91
280
_
_
_
23,375
.
_
_
_
_
6,223
_
_
_
_
1,387
-
-
-
.
_
_
_
_
_
-
_
*
_
-*
_
_
12,636
93,796
_
_ •
_
_
_
_
_
•
_
•
_
_
.
135,000
-
-
-
2,725
_
_
_
_
-
309
118,902
29,858
6,556
115,039
4,034
_
-37,370
_
_
3,139
_
_
_
_
_
_
1,979
_
_
-20,943
142
_
_
_
_
_
_
_
_
_
_
_
_
_
_
124,132
108,929
690,312
91
86
2,284
273
577
2,003
24,767
29
_
_
_
_
_
_
_
31
_
_
_
•_
_
_
6,533
LIABILITIES
Selected current liabilities:
Accounts payable:
Government agencies.................
The public..........................
Advances from:
Government agencies.................
The public..........................
*
10
Total selected current liabilities....
10
Deposit fund liabilities................
Unfunded liabilities:
Accrued annual leave................. .
Other.................................
Debt issued under borrowing authority:
Borrowings from Treasury..............
Agency securities outstanding.........
Other.................................
Other liabilities.......................
Total liabilities.......................
Unexpended budget authority:
Unobligated........................ .
Undelivered orders....................
Unfinanced budget authority (-):
Unfilled customer orders..............
Contract authority....................
Borrowing authority...................
Invested capital........................
Other equity:
Receipt account equity................
Unappropriated receipts (-)...........
Foreign currency fund equity..........
_
-
_
-
_
168
2,537
14?
4
_
_
-
_
-
_
_
_
_
-
850
_
_
121,076
_
_
-
_
26,770
__
348
_
_
_
-
_
_
29
_
_
63
_
14
-
2,684
121,926
27,117
91
12,622
*
115,217
92,146
3,457
427
9,114
337
4,094,313
1,435,521
63
-4,893,033
_
26,394
-63
_
_
_
_
_
.
-165,000
92,637
-
_
_
117,564
_
_
_
Total Government equity.................
12,622
135,000
121,448
Total liabilities and Government equity..
12,636
135,000
124,132
Footnotes at end of section.
_
-
_
_
-6,200
-16,248
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
280
_
_
_
6,253
_
_
-12,997
663,195
-
6,533
108,929
690,312
91
6,533
April 1974
153
— FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS —
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements of Financial C ondition, December 31, 1973—Continued
(In thousands of dollars)________________
__________Treasury Department - Continued
Bureau of Government Financial Operations
Office of the
Secretary Account
Working
capital
fund (IR)
Check
forgery
insurance
fund (PE)
Fishermen's
protective
fund
(IR)
Miscellaneous
loans and
certain
other assets
Expansion
of defense
production
(PE)
------11....... --- -- ---
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds........................
Budget clearing accounts............
Deposit funds.......................
Foreign currency funds..............
Allowances,foreign currency funds(-).
Federal security holdings (at par).....
Accounts receivable:
Government agencies.................
The public..........................
Allowances (-)....... ...............
Advances to:
Government agencies.................
The public...................... .
Bureau of
Engraving
and Printing
Funds transferred from others
International
financial
institutions
Bureau of
Engraving
and Printing
fund (IR)
---
294
-
1,929
-
681
-
-
342
-
3,733,729
-
12
-
-
2,319
-
913,096
423,801
-48,380
1,137
-
-
6,247
1,196
-
-
-
-
-
-
-
258
53
306
1,929
3,000
1,288,517
1,479
3,733,729
13,775
-
-
-
4,533,648 21 (
28,690
-
2,877
-
-
-
7
67
-
-
-
-
-
-
2,729
4,908
1,984
-
367
-206
-
-
-
-
-
5,042
-
-
-
-
-
541
1,929
3,000
5,850,856
4,356
6,552,008
37,289
66
76
-
-
-
5
-
642
7,335
69
-
-
-
-
-
-
1,000
*
Total selected current liabilities....
212
-
-
-
_
8,977
-
-
5
Deposit fund liabilities................
Unfunded liabilities:
Accrued annual leave..................
Other.................................
Debt issued under borrowing authority:
Borrowings from Treasury..............
Agency securities outstanding.... .
Other...... ...........................
Other liabilities.......................
33
-
-
-
-
-
-
-
-
-
-
-
-
-
-
244
-
-
-
668
191
1,929
-
3,000
-
-
1,474
-
1,763,330
1,970,398
4,784
2,462
-764
203
-
-
4,533,648
2,877
2,818,280
-2,447
23,513
Unappropriated receipts (-)...........
-
-
-
1,288,517
28,690
-
-
-
Total Government equity.................
297
1,929
3,000
5,850,856
4,350
6,552,008
28,312
Total liabilities and Government equity..
541
1,929
3,000
5,^50,856
4,356
6,552,008
37,289
Total selected current assets.........
Loans receivable:
Repayable in dollars..................
Repayable in foreign currencies.......
Allowances (-)........................
Inventories:
Items for sale........................
Work-in-process.......................
Raw materials and inventories.... .
Stockpile materials and commodities....
Allowances (-)........................
Real property and equipment:
Land..................................
Structures and facilities.............
Equipment.............................
Leasehold improvements................
Acquired security, pending disposition.
Allowances (-)........................
Other assets:
Work-in-process, contractors..........
Materials and supplies— other.........
Other..... ............................
Allowances (-)........................
Total assets............................
.
6,021
-
30,946
-24,547
2,818,280 22/
-
594
1,780
81
-4
LIABILITIES
Selected current liabilities:
Accounts payable:
Government agencies.................
The public..........................
Advances from:
Government agencies.................
The public..........................
Total liabilities.......................
-
_
•
8,977
GOVERNMENT EQUITY
Unexpended budget authority:
Undelivered orders....................
Unfinanced budget authority (-):
Unfilled customer orders..............
Borrowing authority...................
Other equity:
Footnotes at end of section.
Treasury Bulletin
154
—
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS —
Section I - Financial Statements o f Government Agencies and Funds
Table GA-I-1. - Statements o f Financial C ondition, December 31, 1973—Continued
Treasury Department - Continued
Account
Bureau of
Engraving
and Printing Continued
Memo:
Funds
transferred to
others (IR)
Internal
Revenue
Service
Federal
tax lien
revolving
fund (IR)
General Services Administration
Environmental
Protection
Agency
Office of the
Comptroller
of the
Currency (TR)
Certification
and other
services (PE)
Automatic
ua v&
processing
fund (PE)
Buildings
management
fund
(IR)
Construction
services,
public
buildings (IR)
ASSETS
Selected current assets;
Fund balances with Treasury:
Budget funds......................
Budget clearing accounts...........
Deposit funds.....................
Foreign currency, funds.............
Allowances, foreign currency funds (-)„
Federal security holdings (at par)....
Accounts receivable:
Government agencies................
The public.................... .
Allowances (-)....................
Advances to:
Government agencies................
The public........................
Total selected current assets........
Loans receivable:
Repayable in dollars.................
Repayable in foreign currencies.......
Allowances (-)......................
Inventories:
Items for sale......................
Raw materials and inventories........
Stockpile materials and commodities....
Allowances (-)........ .......... .
Real property and equipment:
Land................................
Structures and facilities............
Equipment...........................
Leasehold improvements........ ’......
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors.,.......
Materials and supplies— other........
Other...............................
Allowances (-)......................
Total assets..........................
15
-
320
-
34,531
181
-
33,443
-
14,936
-
15,770
-
-
-
513
245
-
138
-
7,977
58
-
63,132
1,038
-
137
*
-
-
-
589
-
701
5
231
2
15
320
37,492
319
42,184
79,336
15,910
-
.
-
_
-
.
-
•
-
-
_
•
_
_
65
_
_
99,431
6,623
-
_
40,883
.
-32,803
5
15,830
12,973
.
-21,404
_
«
_
1,614
-
-
.
_
_
-
_
1,396
_
_
-799
_
_
.
-
_
_
-
.
_
-
_
~
.
-
-
128
500
38,089
319
50,330
192,794
15,910
_
_
-
330
5,355
_
207
1,877
3,574
.
-
87,286
.
_
-
61
-
11,489
-
*
_
5,685
207
5,513
175,511
14,383
_
_
238
7,904
_
-
180
•
113
.
•
^JLITI^
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies................
The public............ ............
Total selected current liabilities....
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other...............................
Debt issued under borrowing authority:
Borrowings from Treasury.............
Agency securities outstanding........
Other...............................
Other liabilities.....................
Total liabilities.....................
-
_
-
_
_
37,025
51,200 .
-
-
_
58
2,836
_
_
5,685
207
5,751
183.415
14.383
31,807
95
17
33,428
3,705
-9,173
21,734
1,503
23
-461
-108,735
~
7,908
105,554
GOVERNMENT EQUITY
Unexpended budget authority:
Unobligated....... .................
Undelivered orders................ .
Unfinanced budget authority (-):
Unfilled customer orders.............
Contract authority...................
Invested capital......................
Other equity:
Receipt account equity...............
Unappropriated receipts (-)..........
Foreign currency fund equity.........
Total ^labilities and Government equity..
Footnotes at end of section.
320
15
_
113
-
_
_
_
Borrowing authority..................
180
597
-
_
-
-
-
128
500
32,404
112
44,580
128
500
38,089
319
50,330
_
.
«•
•
9,379
1.527
192,794
15,910
April 1974
—
1
5
5
.—FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS —
Section I - Financial Statements o f Government Agencies and Funds
Table GA-I-1. • Statements o f Financial C ondition, December 31, 1973 —Continued
--------------------------- 1------------------------ (In thousands of
_____________________________________________
General Services Administration - Continued
Account
Defense
production
guarantees
(PE)
Federal
telecom
munications
fund (IR)
154
-
10,310
-
6 0 ,8 4.9
-
General
supply
fund
(IR)
Liquidation
of Virgin
Islands
Corporation
(PE)
National
Archives
trust
fund (TR)
Recons truetion
Finance
Corporation
liquidation
fund
(PE)
William
Langer Jewel
Bearing
Plant
revolving
fund (PE)
Assffis
Selected current assets:
Fund balances with Treasury:
Budget funds........................
Budget clearing accounts............
Deposit funds.......................
Foreign currency funds......... .
Allowances, foreign currency funds (-)„
Federal security holdings (at par)....
Accounts receivable:
Government agencies.................
The public...........................
Allowances (-)......................
Advances to:
Government agencies.................
The public..........................
Total selected current assets.........
Loans receivable:
Repeyable in dollars..................
Repayable in foreign currencies........
Allowances (-)...................... .
Inventories:
Items for sale........ ................
Raw materials and Inventories.........
Stockpile materials and commodities....
Allowances (-)......................
Real property and equipment:
Land...............................
Structures and facilities............
Equipment.............................
Leasehold Improvements................
Acquired security, pending disposition.
Allowances (-)........................
Other assets:
Work*in-process, contractors..........
Materials and supplies— other.........
Other...................... ...........
Allowances (-)........................
Total assets............................
Selected current liabilities:
Accounts payable:
Government agencies...... ...........
The public...........................
Advances from:
Government agencies.................
The public..........................
-
962
-
727
2,402
132
-
374
-
33,567
181
-
94,854
3,509
-
40
-
103
370
-
1
-
194
388
_
-
5,291
3,565
420
-
6,599
-
1
_
-
_
7
154
52,913
166,231
1,001
3,603
133
963
-
-
-
5,280
-
-
5
-
-
-
-
202,120
-
-
350
-
-
-
-
-
-
-
-
-
486
242
191
.
-
-
-
-
-
-
_
-
2,964
-1,737
225,970
-95,065
-
727
-235
•
98
-
18
453
616
-416
_
-
222
-
*
887
-
*
-
51
-
*
-
_
_
-
154
54,363
500,144
6,281
4,497
237
2,554
-
1,495
33,386
62,100
37,757
-
18
274
-
*
37
-
5,592
-
3,307
8
-
1,018
12
-
_
-
Total selected current liabilities....
-
-
1,322
-
37
•
40,473
_
103,172
Deposit fund liabilities.......... ......
Unfunded liabilities:
Accrued annual leave................ ..
Other.................................
Debt Issued under borrowing authority:
Borrowings from Treasury..............
Agency securities outstanding.........
Other......................... ........
Other liabilities.......................
_
-
_
_
.
_
533
-
235
-
-
-
-
_
_
-
-
-
-
-
17
•p
_
-
Total liabilities.......................
-
41,006
103,407
-
1,322
17
37
154
-
12,294
366
-63,059
317,857
1,001
-
2,097
220
133
-
2,644
27
_
-
-219
917
-191,738
333,678
5,280
-37
894
86
-1,745
1,591
-
-
-
-
-
-
-
154
13,357
396,737
6,281
3,175
219
2,517
54,363
500,144
6,281
4,497
237
2,554
Unexpended budget authority:
Unobligated...........................
Undelivered orders...... ..............
Unfinanced budget authority (-):
Unfilled customer orders..............
Contract authority.......... ..........
Borrowing authority...................
Invested capital........................
Other equity:
Receipt account equity................
Unappropriated receipts (-)..........
Foreign currency fund equity,.........
Total Government equity.................
Total liabilities and Government equity..
Footnotes at end of section.
154
-
Treasury Bulletin
156
FTNANf!TAT. OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS —
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements of Financial Condition, December 31, 1973—Continued
(In thousands of dollars)
General Services Administration - Continued
Veterans Administration
Funds transferred from others
Account
Working
capital
fund (IR)
All
other
22/
Treasury
Department
Expansion
of defense
production
(PE)
Bureau of
Engraving
and Printing
(IR)
Federal
Home Loan
Bank Board
Revolving
fund (EE)
Canteen
service
revolving
fund
(PE)
Direct
loans to
veterans
and reserves
(PE)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds........................
Budget clearing accounts............
Deposit funds.......................
Foreign currency funds..............
Allowances,foreign currency funds (-)„
Federal security holdings (at par)....
Accounts receivable:
Government agencies.................
The public..........................
Allowances (-)......................
Advances to:
Government agencies.................
The public..........................
Total selected current assets.........
Loans receivable:
Repayable in dollars..................
Repayable in foreign currencies.......
Allowances (-)........................
Inventories:
Items for sale........................
Work-in-process.......................
Raw materials and inventories.........
Stockpile materials and commodities....
Allowances (-)........................
Real property and equipment:
Land..................................
Structures and facilities.............
Equipment.............................
Leasehold improvements................
Acquired security, pending disposition.
.Allowances (-)........................
Other assets:
Work-in-process, contractors..........
Materials and supplies— other.........
Other.................................
Allowances (-)........................
Total assets............................
27
-
-
15
-
-
7,890
-
1,655
3
_
116,093
20,230
4,427
25,495
-
-
186
2,380
2
2,555
-
17,153
16,846
20
6
-
*
-
57,421
1
1,983
818,300
247,770
15
27
10,456
1,014,170
_
-
95,423
-
-
-
-
-
454
_
_
7
4,652,571
-
507,261
_
_
_
_
9,827
_
_
_
_
-1,894
362,727
2,301,246
99,367
11
-6,894
52
9
47
-50
_
-
5,548
_
-
_
10,726
-4,792
_
1,743
-104
_
_
_
-
573,493
_
98,213
-
60,137
-
113
-
7,209
-
-
-
3,4^7
8,994,464
815,225
128
12,783
26,217
1,806,658
-
_
*
321
5,214
5,682
21,360
_
-
-
-
-
678
_
_
_
_
-
*
5,535
27,719
_
_
_
_
_
_
325
-
_
_
2,944
_
_
619,192
2,844
25,941
-
-
-
217,821
-
-
-
'
-
-
-
954,191
-
’
-
-
790,850 12/
-
LIABILITIES
Selected current liabilities:
* Accounts payable:
Government agencies.................
The public..........................
Advances from:
Government agencies.................
The public..........................
150
1,078
587
-
441
97,568
201
Total selected current liabilities....
1,816
238,050
596,854
Deposit fund liabilities................
Unfunded liabilities:
Accrued annual leave..................
Other.................................
Debt issued under borrowing authority:
Borrowings from Treasury..............
Agency securities outstanding.........
Other.................................
Other liabilities.......................
Total liabilities.......................
_
_
_
_
_
_
193,241 2£/
44,369
25,941
11,907
_
_
_
498,910
175
_
_
_
1,877,500
_
_
_
1,304
267
_
_
_
•
_
_
_
_
456,786
-36,965
-
-
16,618
-
-
-
-
1,816
292,516
2,474,354
-
*
7,106
447,540
223
38
354,835
196,629
-304,959
2,850
594
1,755
3,166
977,935
8,515
GOVERNMENT EQUITY
Unexpended budget authority:
Unobligated...........................
Undelivered orders....................
Unfinanced budget authority (-):
Unfilled customer orders........ ......
Contract authority....................
Borrowing authority...................
Invested capital........................
Other equity:
Receipt account equity................
Unappropriated receipts (-)...........
Foreign currency fund equity..........
-94
1,504
_
-
_
_
8,147,640
2,844
-
_
_
_
-44,125
-1,310,045
_
_
-
15
_
_
113
_
_
-
_
-3,417
12,757
_
-
_
_
14,190
_
_
_
_
_
_
372,667
_
_
_
Total Government equity.................
1,671
8,701,948
-1,659,129
128
12,783
19,111
1,359,118
Total liabilities and Government equity..
3,487
8,994,464
815,225
128
12,783
26,217
1,806,658
Footnotes at end of section.
April 1974
157
— — FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS —
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements of Financial C ondition, December 31, 1973—Continued
.
(in thousands of dollars)
Veterans Administration - Continued
Account
Loan
guaranty
revolving
fund (PE)
Rental,
maintenance,
and repair
of quarters
(PE)
Servicemen's
group life
insurance
fund (PE)
Servicedisabled
veterans
insurance
fund (PE)
Soldiers'
and
sailors 1
civil
relief (PE)
Supply
fund
(IR)
15
16,230
450
_
_
_
_
_
Veterans'
reopened
insurance
fund (PE)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds........................
Budget clearing accounts............
Foreign currency funds..............
Allowances, foreign currency funds(-) „
Federal security holdings (at par)....
Accounts receivable:
Government agencies......... ........
The public..........................
Allowances (-)................... ...
Advances to:
Government agencies.................
The public..........................
477,778
_
-
23
_
-
_
_
_
_
•
10,062
_
..
_
_
_
2
9,017
-6,733
5
-
128
6,443
56
_
-
486,563
269,052
6,910
567
81
_
_
_
_
-
-
_
-
393
1,279
-
28
128
10,144
15
25,378
269,596
_
_
_
_
14,884
_
_
6
_
_
-
_
_
_
_
_
_
_
_
178,091
-7,026
_
_
_
_
_
_
_
_
-
_
_
65,091
-44,952
_
_
-
_
_
_
-
_
205
-
_
-
-
70
-
1,710,030
28
128
25,233
20
85,427
285,682
32,590
10
_
128
_
1,918
4
2,972
17,519
358
798
_
2,771
_
-
_
-
873
-
Total selected current liabilities....
35,361
10
Deposit fund liabilities................
Unfunded liabilities:
Accrued annual leave..................
-
128
_
2,791
_
4
_
Total selected current assets..........
Loans receivable:
Repayable in dollars
..................
Repayable in foreign currencies.......
Allowances (-)........................
Inventories:
Items for sale.,......................
Work-in-process.......................
Raw materials and inventories.........
Stockpile materials and commodities....
Allowances (-)........................
Real property and equipment:
Land................... ...............
Structures and facilities...... .......
Leasehold improvements................
Acquired security, pending disposition.
Allowances (-)........................
Other assets:
Work-in-process, contractors..........
Materials and supplies— other.........
Other.................................
Allowances (-)........................
Total assets............................
1,032,26212/
_
_
_
-
_
_
_
_
_
_
_
_
94
16,016
_
59,274
72
_
_
_
_
_
_
_
_
1,367
«.
_
_
_
-663
_
_
LIABILITIES
Selected current liabilities:
Accounts payable:
Government agencies.................
The public..........................
Advances from:
Government agencies..................
The public..........................
24,114
_
2,424
44,605
3,580
__
_
-
_
_
_
_
_
_
Debt issued under borrowing authority:
Borrowings from Treasury..............
Agency securities outstanding.........
Other.................................
Other liabilities.......................
505,718
805,247
-176,874
-
_
-
_
_
_
-
_
_
94,792
_
_
-
»
-
266,431
Total liabilities.......................
1,169,452
10
128
97,583
4
45,369
270,011
451,202
-
18
_
_
7,352
11
_
11,83*3
45,017
266,016
.
89,375
-
_
_
_
-
_
.
_
6
-15,078
-60,999
.
59,285
-
_
-
_
_
.
_
_
_
_
_
_
540.577
18
_
-72,350
16
40.058
1,710,030
28
128
25,233
20
85,427
Unexpended budget authority:
Unobligated...........................
Undelivered orders....................
Unfinanced budget authority (-):
Unfilled customer orders..............
Contract authority....................
Borrowing authority...................
Invested capital........................
Other equity:
Receipt account equity................
Unappropriated receipts (-)...........
Foreign currency fund equity..........
Total Government equity.................
Total liabilities and Government equity..
Footnotes at end of section.
_
-79,702
764
_
_ .
-250,344
_
i?,m. ...
285,682
Treasury Bulletin
158
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements of Financial C ondition, December 31, 1973—Continued
JilL.
of dollars)
Veterans Administration Continued
Account
Veterans1
special
life
insurance
fund (PE)
Vocational
rehabilitation
revolving
fund
(f e )
Other independent agencies
Civil Service Commission
Employees'
health
benefits
fund (TR)
Employees •
life
insurance
fund (TR)
Revolving
fund (IR)
District of
Columbia
Retired
employeesf
health
benefits
fund (TR).
Loans and
repayable
advances
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds........................
Budget clearing accounts............
Foreign currency funds..............
Allowances, foreign currency funds (-).
Federal security holdings (at par)....
Accounts receivable:
Government agencies.................
The public..........................
Allowances (-)...*..................
Advances to:
Government agencies.................
The public...................... .
Total selected current assets...*.....
Loans receivable:
Repayable in dollars..................
Repayable in foreign currencies.......
Allowances (-)........................
Inventories:
Items for sale........................
Work- in-rprocess.......................
Raw materials and inventories.........
Stoclcpile materials and commodities....
Allowances (-)........................
Real property and equipment:
Land..................................
Structures and facilities.............
Equipment.............................
Leasehold improvements................
Acquired security, pending disposition.
Allowances (-)........................
Other assets:
Work-in-process, contractors..........
Materials and supplies— other.........
Other.................................
Allowances (-)........................
Total assets............................
1,222
367,258
87
-
8,089
2,332
211,788
4,427
1,307,612
3,082
-
2,072
31,081
170,940
_
_
351
.
-
94,889
-
29,553
212,985
-
6,201
1
-
635
3
_
31,034
_
_
_
-
-
490
-
68
-
5
187
*
578
-
368,830
87
317,587
1,554,644
9,476
34,368
201,974
36,070
_
325
-
_
_
_
_
_
721,506
_
_
_
-
_
_
_
_
_
_
_
2,727
.
_
_
_
_
_
_
_
-
-
2
_*
_
-
_
_
935
-485
_
_
_
_
.
_
_
_
_
_
-
.
.
-
_
_
-
.
-
-
-
-
404,924
412
317,589
1,554,644
12,653
34,368
923,480
_
1,181
40
_
130,183
_
8,939
1,765
3,268
8
889
_
_
10,137
.
-
_
_
1,503
-
-
-
*
-
11,318
_
40
_
130,183
8,939
_
6,536
_
897
_
_
48,793
.
«
_
_
-
_
_
_
24
_
-
_
_
_
LIABILITIES
Selected current liabilities:
Accounts payable:
Government agencies.................
The public..........................
Advances from:
Government agencies.................
The public..........................
Total selected current liabilities.....
Deposit fund liabilities............. .
Unfunded liabilities:
Accrued annual leave..................
Other.................................
Debt issued under borrowing authority:
Borrowings from Treasury............. .
Agency securities outstanding.........
Other.................................
Other liabilities.......................
_
-
_
_
_
-
*
_
394,279
_
_
-
-
-
_
1,545,705
1,004
_
_
_
-
Total liabilities.......................
405,597
40
130,183
1,603,437
6,536
1,901
-
357,512
47
_
187,406
_
_
-
5,133
535
32,467
170,940
_
_
_
_
325
_
_
_
„
_
_
_
_
_
-48,793
450
_
_
_
-
_
-
_
_
_
_
GOVERNMENT EQUITY
Unexpended budget authority:
Unobligated...........................
Undelivered orders....................
Unfinanced budget authority (-):
Unfilled customer orders..............
Borrowing authority...................
Invested capital........................
Other equity:
Receipt account equity................
Unappropriated receipts (-)...........
Foreign currency fund equity..........
Total Government equity.................
Total liabilities and Government equity..
_
-358,186
_
-
-
_
-673
372
187,406
-48,793
.6.117
404,924
412
317,589
1,554,644
12,653
721,506
_
_
_
-J.2,.467___
34,368
31,034
923.480
923,480
April 1974
159
glMAMriAT. OPERATIONS OP GOVERNMENT AGENCIES AND PUNDS
—
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements o f Financial C ondition, December 31, 1973 —Continued
(In thousands of dollars)________________________
_________ Other independent agencies - Continued
Federal Home Loan Bank Board
Farm Credit Adminstration
Account
Raw materials and inventories........
Stockpile materials and commodities....
Allowances (-)......................
Real property and equipment:
Land................................
Structures and facilities............
Equipment...........................
Leasehold improvements...............
Acquired security, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors.........
Materials and supplies— other........
Other...............................
Allowances (-)............. .........
Total assets..........................
U A B W m S
Selected current liabilities:
Accounts payable:
Government agencies................
The public........................
Advances from:
Government agencies................
Total selected current liabilities....
Deposit fund liabilities...............
Unfunded liabilities:
Accrued annual leave.................
Other...............................
Debt issued under borrowing authority:
Borrowings from Treasury.............
Agency securities outstanding........
Other...............................
Other liabilities.....................
Revolving
fund for
administrative
expenses (PE)
6,310
-
1,808
.
36
_
.
-262
1,068
-
_
-
.-
-
148,091
Short-term
credit
investment
fund (PE)
111,708
_
Federal
Deposit
Insurance
Corporation
(TR)
in
Total selected current assets........
Loans receivable:
Repayable in dollars........ .........
Repayable in foreign currencies......
Allowances (-)................... ...
Inventories:
Items for sale............ «.........
208
Banks for
cooperatives
investment
fund (PE)
to
Selected current assets:
Fund balances with Treasury:
Budget funds......................
Budget clearing accounts...........
Deposit funds................. .
Foreign currency funds.............
Allowances, foreign currency funds (-)„
Federal security holdings (at par)....
Accounts receivable:
Government agencies................
The public........................
Allowances (-)....................
Advances to:
Government agencies................
Emergency
Loan
Guarantee
Board (PE)
Federal
Savings
and Loan
Insurance
Corporation
(PE)
Home Owners*
Loan
Corporation
liquidation
fund (PE)
250
263
_
_
_
_
.
_
_
_
_
_
_
5,569,459
3,251,129
32
53
-
-
70,057
89,452
_
36,102
9,020
-
-
-
29
_
-
-
_
28
_
-
7,323
148,091
1,958
111,708
5,737,613
3,296,529
263
-
_
_
_
.
_
_
«.
_
_
-10,971
_
_
_
_
_
«.
_
_
464
-464
.
-
_
-
_
.
_
-
-
178,761
_
7,323
148,091
1,958
111,708
41
-
-
29
185
-
-
_
1,453
1,666
36
_
_
_
_
_
_
_
_
-
-
_
_
_
_
_
_
_
_
-
.. * ..v . ....
_
_
_
_
_
_
_
105,808
_
6,959
59
1
93,326
-4,474
_
_
_
_
_
_
_
_
5,923,333
3,480,278
263
_
_
304,067
2,869
1,765
24,465
_
62
-
1,061
307,997
543
26,773
62
_
_
_
_
_
_
_
316
_
_
_
_
-
_
-
_
_
_
.
_
._
_
-
_
_
_
_
_
_
41
-
2,017
-
307,997
26.773
263
7,282
-
148,091
-
148
109
111,708
_
8,429,616
_
4,019,756
*
201
-
_
_
-
-316
_
-
_
_
-3,000,000
185,720
_
_
-201
Other equity:
Receipt account equity*..............
Unappropriated receipts (-)..........
Foreign currency fund equity.........
_
_
-750,000
183,749
-
_
-
_
_
.
_
_
_
_
_
_
_
_
_
_
Total Government equity................
7,282
148,091
-59
111.708
-1*453,505
-
Total liabilities and Government equity..
7,323
148,091
1,958
111,708
3,480,278
263
Total liabilities.....................
Unexpended budget authority:
Unobligated.........................
Undelivered orders...................
Unfinanced budget authority (-):
Contract authority..................
Footnotes at end of section.
_
___
5,923,333
_
201
_
Treasuiy Bulletin
160
______ FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS —
Section I - Financial Statements of Government Agencies and Funds
Table GA-I-1. - Statements of Financial Condition, December 31, 1973—Continued
(In thousands of dollars)
Other independent agencies - Continued
Account
Interstate
Commerce
Commission
Memo:
Revolving
fund
Small Business
Administration
National Credit Union
Administrat ion
Federal Home Loan Bank
Board - Continued
Operating
fund (PE)
Funds
transferred
to others
Share
insurance
fund (PE)
Pennsylvania
Avenue
Development
Corporation
Business
loan and
investment
fund (PE)
ASSETS
Selected current assets*.
Fund balances with Treasury:
Budget funds........................
Budget clearing accounts............
Deposit funds.......................
Foreign currency funds..............
Allowances, foreign currency funds (-)„
Federal security holdings (at par)....
Accounts receivable:
Government agencies.................
The public..........................
Allowances (-)......................
Advances to:
Government agencies.................
The public..........................
Total selected current assets.........
Loans receivable:
Repayable in dollars..................
Repayable in foreign currencies.......
Allowances (-)........................
Inventories:
Items for sale........................
Work-in-process.......................
Raw materials and inventories.........
Stockpile materials and commodities....
Allowances (-)........................
Real property and equipment:
Land..................................
Structures and facilities.............
Equipment.............................
Leasehold improvements................
Acquired security, pending disposition.
Allowances (-)........................
Other assets:
Work-in-process, contractors..........
Materials and supplies— other.........
Other.................................
Allowances (-)........................
319
-
27
-
348
3,626
538
412
-
23,989
_
-
-
-
-
-
1,783
4,201
_
.
_
1,166
2,061
_
323
323
_
_
2,837
73,794
_
27
325
_
*
-
_
70
_
_
-
-
4,838
5,070
6,655
27
-
4,057
28,260
538
708,193
-
-
_
_
_
-
114,481
_
_
-12,650
_
_
.
36
_
_
_
_
_
_
_
_
_
_
_
_
_
_
•
388
_
_
-86
_
_
_
_
_
_
_
_
-
_
_
_
_
5,548
_
_
_
_
_
_
_
_
_
_
-
7,209
_
*-
_
-
_
_
_
-
17,933
12,783
101,831
4,358
Selected current liabilities:
Accounts payable:
Government agencies.................
The public..........................
Advances from:
Government agencies.................
The public..........................
3,213
2,521
*
_
Total selected current liabilities....
Total assets............................
-
621,654
..
_
_
_
-
-
-
10,207
_
950
85
_
_
_
_
_
1,464,181 11/
_
-376,700
_
_
_
_
3
_
_
_
10,468
-3,520
_
_
_
_
_
-
44,305
-2,086
28,260
542
1,844,842
667
878
2,231
_
17
57,901
518
66
-
-
-
5,522
1,611
2,231
17
63,942
LIABILITIES
Deposit fund liabilities................
Unfunded liabilities:
Accrued annual leave..................
Other.................................
Debt issued under borrowing authority:
Borrowings from Treasury..............
Agency securities outstanding.........
Other.................................
Other liabilities.......................
Total liabilities.......................
_
_
-
-
-
5,734
*
-
_
_
_
_
412
_
_
_
_
_
_
_
_
_
-
_
_
_
-
14,604
*
-
2,023
2,231
17
352,054
12,013
283
2,850
594
_
2,737
126,029
402
119
378,110
266,142
_
_
_
-11,375
2,409
-3,417
12,757
101,831
8,870
-
_
_
_
-
_
_
_
_
-
_
_
_
_
-
354,582
-66,469
-
GOVERNMENT EQUITY
Unexpended budget authority:
Unobligated...........................
Undelivered orders....................
Unfinanced budget authority (-):
Unfilled customer orders..............
Contract authority....................
Borrowing authority...................
Other equity:
Receipt account equity................
Unappropriated receipts (-)...........
Foreign currency fund equity..........
_
_
_
_
_
_
-401
_
_
_
_
_
-100,000
_
_
_
_
_
_
3
_
_
_
_
848,536
_
_
Total Government equity.................
3,329
12,783
101,831
2,336
26,029
525
1,492,788
Total liabilities and Government equity..
17,933
12,783
101,831
4,358
28,260
542
1,844,842
Footnotes at end of section.
A pril 1974
— i
161
.FINANCIAL O PE R A TIO N S OF G O VERN M ENT AGENCIES AND FUNDS —
Section I • Financial Statements of Government Agencies and Funds
Table GA-I-1. • Statements of Financial Condition, December 31, 1973—Continued
(In thousands of dollars)
Other independent agencies - Continued
Administration - Continued
Account
Disaster
loan
fund
(PE)
Lease and
surety bond
guarantee
revolving
fund (PE)
Off-budget Federal Agencies 25/
Agriculture Department
United States
Information
Agency
Tennessee
Valley
Authority
(PE)
Rural
electri
fication and
telephone
revolving
fund (PE)
Total
Informational
media guaranty
fund (PE)
Rural
Telephone
Bank (PE)
ASSETS
Selected current assets:
Fund balances with Treasury:
Budget funds........................
Budget clearing accounts............
Deposit funds.......................
Foreign currency funds..............
Allowances, foreign currency funds (-)„
Federal security holdings (at par)....
Accounts receivable:
Government agencies.................
The public..........................
Allowances (-)............. ,.... .
Advances to:
Government agencies.................
The public..........................
Total selected current assets.........
Loans receivable:
Repayable in dollars..................
Repayable in foreign currencies.......
Allowances (-)........................
Inventories:
Items for sale........................
Work-in-process........................
Raw materials and inventories.........
Stockpile materials and commodities....
Allowances (-)........................
Real properly and equipment:
Land..................................
Structures and facilities.............
Equipment.... .........................
Leasehold improvements................
Acquired security, pending disposition.
Allowances (-)........ .............
Other assets:
Work-in-process, contractors..........
Materials and supplies— other.........
Other.................................
Allowances (-)........................
Total assets............................
455,176
_
_
_
_
_
7,505
_
3,660
57,252
_
-1
66
690
2
516,780
1,498,807 12/
_
-76,065
_
_
_
_
_
_
_
_
_
615
-185
_
4,126
-1,082
88,891
_
347
_
9,781
_
_
_
_
10,904
99,381
101
488
_
11,019
87,080
-330
_
207,783
313,062
-5,612
-
-
10,203
24,024
-
13,599
186,660
347
2,547,526
315,490
21,274
_
_
_
_
_
_
_
_
_
_
14,137,063
_
-10,304
.6,867,550
_
-10,265
80,726
_
_
_
6,030
_
-
_
_
_
_
_
_
_
_
2,926
395
124,487
-476
297,502
4,505,493
1,314,882
105,690
471
-1,340,054
_
_
-
_
_
17,354
1,942,996
14,070
5,214,858
Selected current liabilities:
Accounts payable:
Government agencies.................
The public..........................
Advances from:
Government agencies.................
The public..........................
46,341
150
477
83
3,265
144,293
4,815
1,087
1
30
Total selected current liabilities....
51,306
1,646
147,590
_
_
_
_
_
_
_
347
_
_
_
_
177,491
1,000,884
1,003,940
28,283
8,590
-894,792
802,880
15,646
90,002
-
18,907,212
216,109
.
850,439
_
12,045
_
_
1,135,581
_
_
_
_
_
_
_
_
_
_
_
_
_
90,000
7,262,776
_
_
_
-
-
-39
_
_
_
_
_
_
_
_
_
_
2
101,964
LIABILITIES
Deposit fund liabilities................
Unfunded liabilities:
Accrued annual leave..................
Other.................................
Debt issued under borrowing authority:
Borrowings from Treasury..............
Agency securities outstanding.........
Other.................................
Other liabilities.......................
Total liabilities.......................
_
_
_
89,317
-11,021
_
_
_
_
_
_
_
_
_
_
_
100,000
2,435,300
_
_
_
_
_
_
_
_
_
22,114
635,235
1,439,803
149,728
2,224,766
12,045
301,171
304,417
8,834,676
2,895,529
-
62
*_
6,570
10,742
_
_
_
_
_
589
*
_
589
_
_
6,762,742
_
_
_
_
10.742
129,602
1,646
2,682,951
28,684
14,583,346
6,762,742
11,331
457,055
8,419
11,953
-
1,885,986
618,084
6,221
-
11,219,620
9,459,028
674,487
1,157,578
1,934,703
238,268
-
-5,874
-28,684
-20,372,925
4,018,144
-1,516,574
184,543
-2,152,194
69,856
Unexpended budget authority:
Unobligated...........................
Undelivered orders....................
Unfinanced budget authority (-):
Unfilled customer orders..............
Contract authority....................
Borrowing authority...................
Invested capital........................
Other equity:
Receipt account equity................
Unappropriated receipts (-)...........
Foreign currency fund equity..........
1,347,919
471
-2,465,000
2,492,837
-
-
-
-
-
-
-
Total Government equity.................
1,813,393
12,424
2,531,907
-28,337
4,323,866
500,034
90,633
Total liabilities and Government equity..
1,942,996
14,070
5,214,858
347
18,907,212
7,262,776
101,964
Footnotes at end of section.
-
162
Treasuiy Bulletin
....
_ PTNANf!TAl, OPERATIONS OF GOVERNMENT AGENCIES AND F U N D S_
Section I - Financial Statements o f Government Agencies and Funds
Table GA-I-1. • Statements o f Financial C ondition, December 31, 1973-C on tin u ed
(In thouaanda of dollar*)------------------------Off-budget Federal agencies 25/ - Continued
Treasury Department
Account
Environmental Financing
Authority fund (PE)
Export* Import Bank
of the United States (PE)
Postal Service
(PE) £6/
AflggBS
Selected current assets:
Fund balances with Treasury:
Budget funds......................
Budget clearing accounts...........
Deposit funds.....................
100,000
Total selected current assets........
Raw materials and Inventories....... .
Stockpile materials and commodities....
Allowances (-)......................
Real property and equipment:
Land................................
Structures and facilities........ .
Leasehold improvements........ ......
Acquired security,, pending disposition.
Allowances (-)......................
Other assets:
Work-in-process, contractors..........
Materials and supplies— other........
Other....,,.........................
Allowances (-)......................
514,980
12,045
Allowances,foreign currency funds(-).
Federal security holdings (at par)....
Accounts receivable:
Government agencies........ ........
The public.............. ..........
Allowances (-)....................
Advances to:
Government agencies................
The public........................
Loans receivable:
Repayable In dollars.......... ......
Repayable In foreign currencies......
Allowances (-)...,...................
Inventories:
Items for sale......... .............
9,570
1,124,677
146,416
207,682
66,776
-5,612
4,734
10,203
19,290
100,000
160,720
1,950,042
_
_
_
7,188,787
_
•
_
.
_
_
_
_
_
_
_
_
_
.
_
170
18
_
_
_
.
_
177,491
1,000,884
1,003,770
28,265
8,590
-894,792
802,880
15,646
_
_
_
Total assets..........................
100,000
7,349,695
4,092,778
«
um
Selected current liabilities:
Accounts payable:
Government agencies................
The public................. .......
Advances from:
Government agencies................
The public......... ...............
-
318
73,256
634,328
1,366,547
_
-
-
149,728
Total selected current liabilities....
_
73,574
2,150,603
_
12,045
Deposit fund liabilities.... ...........
Unfunded liabilities:
Accrued annual leave.................
Other............................. .
Debt Issued under borrowing authority:
Borrowings from Treasury...............
Agency securities outstanding........
Other................. ..............
Other liabilities.....................
Total liabilities.....................
Unexpended budget authority:
Unobligated.........................
Undelivered orders...................
Unflnanced budget authority (-):
Unfilled customer orders........... .
Contract authority............. ;....
Borrowing authority................. .
Invested capital......................
Other equity:
Receipt account equity........ ......
Unappropriated receipts (-)..........
Foreign currency fund equity.........
-
_
_
_
_
-
_
2,071,933
2,645,529
250,000
4,791,036
3,018,237
7,036,219
8,510,430
1,026,963
_
-
100,000
_
__
_
_
_
_
-
301,171
304,417
_
_
_
-6,954,157
2,476,597
_
-
-9,750,000
1,287,148
_
Total Government equity................
100.000
2,558,659
1,074.5a
Total liabilities and Government equity..
100,000
7,349,695
4,092,778
Footnotes at end of section.
163
April 1974
.FINANCIAL OPERATIONS Or GOVERNMENT AGENCIES AND FUND&
Footnotes to Table GA-I-1
Source:
Bureau of Government Financial Operations. Based on semiannual
statements received from agencies pursuant to Treasury Department
Circular No. 966, Revised.
(PE) Public enterprise revolving funds.
(IR) Intragoveromental revolving funds.
(TR) Trust revolving funds.
1/ Statements in this table are from Government corporations and busi
ness-type activities. Transfer accounts representing funds trans
ferred to others are shown in memo (nonadd) columns under the same
headings with the "parent” accounts that receive the appropriations.
These same transfer accounts are also shown as funds transferred from
others under the same headings with the spending agencies that
administer these funds.
2/ Includes foreign currency assets, representing loans and other receiv
ables recoverable in foreign currencies in United States depositaries,
aggregating $5,115 million in dollar equivalent. These currencies,
acquired without dollar payments, were generated under various Gov
ernment programs, principally the Agricultural Trade Development and
Assistance Act of 1954, as amended, and the Mutual Security Acts,
as amended. Dollar equivalents are computed for reporting purposes
to provide a common denominator for the currencies of the many coun
tries 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
Decentoer 31, 1973, at which the United States could purchase curren
cies on the market for regular operating purposes. Other loans are
stated at the rates at which they are to be repaid or at rates in
effect when the loans were extended. Currencies that are dollar
denominated or guaranteed as to rate of exchange are stated at rates
specified in the agreements.
12/
13/
14/
15/
16/
17/
18/
19/
20/
21/
22/
2/
Includes collections of principal turned over to the Government
National Mortgage Association participation sales fund and held for
redemption of participation certificates.
U
Consists of invested capital and unexpended budget authority. Fig
ures for each of these amounts were not shown separately on the report
submitted by the fund.
*>/ Represents the Cooley loan program established pursuant to the Agri
cultural Trade Development and Assistance Act of 1954, as amended
(7 U.S.C. 1704 (e)).
£/ Consists of contingency fund, Inter-American Social and Economic
program, and supporting assistance loans.
2/ Includes the insurance and guaranty reserve fund.
2/ Figures in this column are as of June 30, 1973, the latest available.
Certain figures shown in this column have been revised.
2/ Figures in this column are as of June 30, 1973, the latest available.
10/ Includes administrative and operating expenses funds.
u / The Corporation's figures include a special fund, and the column
showing funds transferred to others includes amm
to
other bureaus in the Department of Agriculture and the Agency for
23/
24/
25/
26/
*
International Development.
All activities of this fund have been transferred from Funds Appro
priated to the President, Office of Economic Opportunity.
Participation certificates, shown in the liability section of this
statement as agency securities outstanding, have been issued against
certain of these loans under trust agreements with the Government
National Mortgage Association participation sales fund.
Excludes property such as land, structures, and equipment as follows:
Air Force, $6,101 million; A m y , $2,671 million; Marine Corps, $27
million; Navy, $5,352 million; and defense agencies, $7 million.
Includes assets in use, and vessels and other assets held primarily
for mobilization, and vessels held for scrapping.
Represents depreciation on assets in use and on mobilization assets,
and allowances for losses on vessels held for scrapping.
Consists of unexpended budget authority, unfinanced budget authority,
and invested capital. Figures for each of these amounts were not
shown separately on the report submitted by the fund.
Represents reserve for equity of others.
Consists of interest-bearing investment of $34 million, and interest
of $94 million due on the net investment and on borrowings from the
Department of the Treasury under public debt borrowing authority.
Represents the revolving fund for advances to employment security
administration account, unemployment trust fund.
Consists of lend-lease and surplus property balances amounting to
$1,543 million, receivables from Greece, Turkey, and the United
Kingdom amounting to $13 million, $114 million, and $2,699 million,
respectively; and the Japan-Ryukyu Islands settlement of $165 million.
Represents investment in the Asian Development Bank, Inter-American
Development Bank, International Bank for Reconstruction and Develop
ment, International Development Association, and the International
Finance Corporation amounting to $78 million, $1,162 million, $ 6 4 8
million, $895 million, and $35 million, respectively.
Includes strategic and critical materials;
Includes an accountable advance to the Administration of $182 million
for transfer of silver to strategic and critical materials inven
tories. The value of this silver is included in inventory and other
assets.
The following agencies shown under this heading have been reclas
sified as off-budget agencies: most outlays of the rural electrifi
cation and telephone revolving fund and the Rural Telephone Bank
since May 12, 1973, pursuant to an act approved May 11, 1973 (87 Stat.
65-71); the Export-Import Bank since August 17. 1971, pursuant to an
act approved August 17, 1971 (12 U.S.C. 6 3 5 (a)); and the Postal Serv
ice since July 1, 1973, pursuant to an act approved August 12, 1970
(39 U.S.C. 2009). The Environmental Financing Authority fund was
established pursuant to an act approved October 18, 1972 (86 Stat.
899-901).
Figures are as of January 4 , 1974.
Less than $500.
Treasury Bulletin
164
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS------------ ^-----------------Section III - Federal Credit Programs
Table GA-III-1. - Direct Sales and Repurchases of Loans
(In millions of dollars)
Housing and Urban Development Department
Export-Import
Bank of the
United States
Total
Farmers Home
Administration
Fiscal year
or month
Sales
Repur
chases
Sales
Repua>
chases
Sales
Repur
chases
Government
National Mortgage
Association 1/
Sales
y
Sales
Repuiv
chases
Sales
2,300
327
105
71
2
*
38
244
368
488
21
533
146
550
55
29
32
24
20
21
191
356
305
544
179
73
68
4
60
76
22
194
106
66
180
45
310
148
235
253
7
2
20
192
104
63
176
42
204
229
227
191
69
45
2
1
65
43
302
74
*
2
73
958
705
1,155
147
92
213
428
842
305
781
330
1973-Feb..
Mar..
Apr..
May..
June.
286
1,068
454
1,154
310
31
35
26
24
24
July.
Aug..
Sept.
Oct..
Nov..
Dec..
310
153
439
482
234
268
1974-Jan..
Feb..
308
1/
Repur
chases
Veterans
Administration
50
174
405
569
287
574
284
936
696
954
1,070
1,337
2,115
2,548
3,045
6,257
2,274
Sales
Small Business
Administration
157
391
729
974
959
1,668
2,005
2,430
3,324
1965.
1966.
1967.
1968.
1969.
1970.
1971.
1972.
1973.
Fiscal 1974
to date....
Repur
chases
Office of Secretary
2/
727
124
63
153
91
379
406
269
248
145
111
15
261
4
187
20
264
6
The secondary market operations of Federal National Mortgage Associ
ation were converted to private ownership effective Sept. 30, 1968, .
pursuant to PfL. 90-448 (82 Stat. 536). Amounts reported exclude the
following applicable to secondary market operations: net sales, 1963
$547 million; net purchases, 1964 $67 million, 1965 $232 million,
1966 $1,838 million, 1967 $1,107 million, 1968 $2,316 million, 1969
33
1-1
31
120
2
30
2/
2
15
6
*
2
1
Repur
chases
41
24
17
12
12
19
25
19
through Sept. 30, 1968 $296 million.
Includes college housing, elderly housing, and public facility loans.
2/ Sales by fiscal years 1964-1966 are on basis of actual figures shown
*
in the Budget document and include initial sales of loans from credit
insurance funds. The monthly figures are on basis of agency reports.
Less than $500,000.
April 19 74
165
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS.
Section III - Federal Credit Programs
Table GA-III-2. - Direct and Guaranteed Loans Outstanding, December 31, 1973
(In thousands of dollars)
Guarantees and insurance
Direct loans or credit
Agency and Program
Amount
outstanding
Maximum
authority
1/
Amount
outstanding
Maximum
authority
2/
Government
fee or premium
Interest
range
(Percent) 2/
Maturity
range
(Years) 2/
I-Wholly owned Government enterprises
United States dollar loans
1,396
1,572
2,876
1,572
2,876
492,270
2 1 2 ,573
2 1 2 ,573
465,565 U
465,565
54,189
183,647
6,197,517
Total funds appropriated to the President.....
Agriculture Department:
Commodity Credit Corporation:
Commodity loans.............................
Long-term dollar credit sales...............
Short-term export sales credits.............
Storage facility and equipment loans........
Investments acquired in settlement of claims.
6/
54,189
1 8 4 ,8 6 4
1,440,159
1,450,504
19.199
19,199
11,966,432
587
Total agricultural credit insurance fund.
3/4—
5 -3 / 4
5— 40
3/4—
3/4—
3/4—
5—
3/ 4—
6
5-3/4
6— 40
4— 40
6
6— 40
9
6
15— 28
6— 45
24,225
13,632
117
5,346
732
1,208
5,346
732
1,208
28,372
28,372 U /
162,461
162,461
26,754
9,340
1,073,686
2,701,093
408,717
38
2,127,495
336,120
5,681
25,954
2
U/
23,167
3,605
7,921
2,154
9
1
Various
Do
5
Various
808,606
26,754
9,340j
U/
808,606
15
8/
8/
5 ST
30
5
6-3/4 2/
10— 40
5
5
20—
20—
7—
5—
0—
12/
Various
5
7 10/
40
40
40
40
40
5
7— 40
4.012 ST
4.012 ST
7.25-7.50 ST
0— 30
5
8.375 ST
16/
10-15 ST
0— 40
0— 15 ST
808,606
949,262\
17,574)12/
42,47$/
2,204
8,662
2,346
5,645,999
192,888
137,256
44
10,819
5,645,999
192,888
137,256
44
25,000
w
u/t
u/
17/ 18/
22/ W .
10— 33
10— 33
21/
2 ST
33 ST
5— 20
20/
2 2 /'
22/
u/
1— 5
24/
5,987,006
1,022,524
183
7— 12
4-1/8
4-1/8
4-1/8
2,127,495
336,120
5,681
25,954
2
949,262
17,574
42,476
2,204
8,662
2,346
7— 12
6 -1/ 8 —
377,178)
514,222V
1,172/11/
5,69$/
100,416 12/
4,793 1 2 /
3,790N
804
394
408,755
Footnotes at end of section.
3— 10 ST
5— 7 ST
20 ST
5-1/2
Various
Do
Do
377,178
514,222
1,172
5,698
100,416
4,793
3,790
804
394
408,717
38
1/2— 1-3/4%
40,598
587
.
Total rural development insurance fund.
Self-help housing land development fund:
Self-help housing land development loans.
40,598
1,265,850*"!
3,196,162 I
1,280,298 > 2 /
277,963 [
10,158J
24,225
13,632
.117,
37.974
Rural housing insurance fund:
Rural housing loans...................
Rural housing loans to senior citizens.
Rural rental and cooperative housing...
Rural housing site loans..............
Labor housing loans...................
Credit sales of surplus property......
Total rural housing insurance fund.
1/2— 2%
458,785
5— 10 ST
5/
575,685
1,265,850
3,196,162
1,280,298
277,963
10,158
6,030,431
Rural development insurance fund:
Water and waste disposed loans to associations,
Credit sales of real property................ .
0— 17
291.246
Total Commodity Credit Corporation..........
Agricultural credit insurance fund:
Farm ownership loans.........................
Operating loans..............................
Recreation loans.............................
Soil and water conservation loans............
Emergency loans..............................
Emergency loans refinanced...... .............
Indian land acquisition loans.............
Labor housing loans 15/......................
Rural rental housing loans 15/...............
Grazing, recreation, irrigation, and forestry
loans............ ...........................
Watershed works of improvement & flood
prevention loans...................... .
Resources conservation and development loans..
Credit sales of real property................
Programs in liquidation......................
.25%
11,227
6,910,094
291.246
Consumer Protection and Services:
Agricultural Marketing Service:
Milk market orders assessment fund........
Farmers Home Administration:
Economic opportunity loan fund:
Loans to individuals................
Loans to cooperative associations....
Credit sales of surplus property....
Total economic opportunity loan fund.
.25%
232,614
3,661,678
Total Agency for International Development,
Overseas Private Investment Corporation.....
232,614 A/
11,227
2,895,469
1 /2
20
1 1
492,270 ij
o— 8-1/2 ST
i
1,396
ir\
1
I
C^N
Funds appropriated to the President:
Appalachian regional development programs:
Appalachian housing program.....................
Expansion of defense production:
Interior Department.............................
Treasury Department.............................
Foreign assistance:
International security assistance:
Foreign military credit sales.................
Liquidation of foreign militaxy sales fund:
Long-term credits...........................
Guaranteed loans............................
Military credit sales to Israel........... .
International development assistance:
Bilateral assistance:
Agency for International Development:
Alliance for Progress, development loans...
Common defense, economic, and triangular
trade loans..............................
Development loan fund liquidation account..
Development loans.........................
Housing guaranty fund.....................
Grants and other programs.................
183
3
ST
2 ST
Treasury Bulletin
166
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND gTnartg
Section III - Federal Credit Programs
Table GA-III-2. - Direct and Guaranteed Loans Outstanding, December 31, 1973—Continued
(In thousands of dollars)
Direct loans or credit
Agency and Program
Amount
outstanding
Maximum
authority 1/
Guarantees and insurance
Amount
outstanding
Maximum
authority 2/
Government
fee or premium
Interest
range
v
(Percent) **
Maturity
range
v
(Years) *
\
»
I-Wholly owned Government enterprises
United States dollar loans - (Continued)
Agriculture Department— Continued
Farmers Home Administration— Continued
State rural rehabilitation funds:
Operating loans................................
19
Total Fanners florae Administration..................
2.543.H1
Soil Conservation Service:
Water conservation and ufntnation p r o j e c t s ,
Watershed and flood prevention operations..... .
Total Soil Conservation Service.................. |
668
976
11
19
668
976
11
Promotion of Industry and Commerce:
Trade adjustment assistance......................
Maritime Administration:
f>Mp sales ^purchase money mortages )
.
Federal ship mortgage insurance fund:
Direct loans...................................
Guaranteed loans...............................
0 — 12 ST
_
_
_
_
6st
•
50 ST
5 ST
-
1,655
Total Agriculture Department................. .
Commerce Department:
Economic Development Administration:
Loans to aid industry.................... .......
Loans for public works...........................
6-3/8 o-r
9.496.705
9,496,705
313,845
157,498
313,845
157,498
47,032
471,343
47,032
47,032
9.861
9,861
31,498
31,498
18,156
18,156
Total Maritime Administration....................
49,654
6,275
Up to 25 ST
4— 7-1/4
Up to 40 ST 3-3/8— 5-3/4
6— 6-3/8
3-1/2 SI
1,393,301
Science and Technology:
National Oceanic and Atmospheric Administration:
Federal ship financing fund, fishing vessels....
Fisheries loan fund ............................
.5056 ST
47,032
2,975,000
.75#
25,000
.25— 1#
3.7— 9
3.7— 9
12
20— 25
25 ST
25 ST
1,393,301
10,646
20,000
7.5— 8
3— 8
15— 20
3— 10
Total National Oceanic and Atmospheric
Total Commerce Department..........................
6,275
10,646
537,133
1,450,979
Defense Department:
Military: Defense production guarantees:
461
461
Navy.............................................
Air Force........................................
2,055
2,055
Total defense production guarantees............. .
2,516
Civil:
Ityukyu Islands, Construction of power systems....
8,483
Total Defense Department...........................
10,999
Health, Education, and Welfare Department:
Health Services and Mental Health Administration:
Health services planning and development:
Community facilities....................••••••«.
Construction of hospitals and other medical
139
18,174
Total medical facilities guarantee and loan fund
National Institutes of Health:
Health professions education fund•••••..... ••••••
..............................«
Health manpower:
Total National Institutes of Health..............
Office of Education:
Student loan insurance fund............ .........
Higher education facilities loan and insurance
fund............ *........................... .
Elementaiy and secondary education...............
Higher educational loans to institutions.........
Footnotes at end of section.
.
.
_
_
44,214 21(
261,991
Total Health Services and Mental Health
Administration................................
Past due
1/4
n.a.
n.a.
2,745
33,491
Medical facilities guarantee and loan fund:
Direct loans................................. ..
•
8,483
139
33,630
10— 50# of int. 7-1/2— 12
2 745
2,745
33,491
Total health services planning and development..
2,745
18,174
261,991
51,804
261,991
28,973
12,451
28,973
12,451
304,544
304,566
955,786
2-1/2— 2-3/4
30 ST
2-1/2— 4-1/4
39— 50 ST
7—
a
7— 8
25/
Nurse training fund
25
25
5— 6-1/4
5— 7-1/4
20
20
3— 5-1/2
5— 15
-
345,968
119,940
119,940
473 800
• 1*118
9,976
779 250
Z.1$*
Z.20
****
25,520
4,£>14,000 tj 4,014,000
.25 ST 26/
Various
3 — 3 -3 / 4
5-7/8— 8
6-7/8— 8
Various
?_/n
Up to 10
Up to 15
A pril 1974
167
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS.
Section m - Federal Credit Programs
Table GA-III-2. - Direct and Guaranteed Loans Outstanding, December 31, 1973 —Continued
(In thousands of dollars)
Guarantees and insurance
Direct loans or credit
Agency and Program
Amount
outstanding
Amount
outstanding
authority 1/
Government
authority 2/ fee or premium
Maturity
range
-/
(Yeats) *
Interest
range
(Percent) **
I-Wholly owned Government enterprises
United States dollar loans - (Continued)
Health, Education, and Welfare Department— Continued
Office of Education— Continued
Advances for reserve funds......................
Federal capital contributions...................
Total Office of Education.......................
Social and Rehabilitation Service:
Assistance to refugees in the U.S...............
Total Health, Education, and Welfare Department....
Housing and Urban Development Department:
Housing production and mortgage credit:
Federal Housing Administration:
Revolving fund: 32/
property improvement loans..................
Purchase money mortgages........... .........
Mortgage insurance loans.... ................
Total Federal Housing Administration
revolving fund.............................
College housing loans....,....................
Housing for the elderly or handicapped........
Nonprofit sponsor assistance..................
Loir-rent public housing:
Loans to States, territories, etc...........
Purchase money mortgages....................
18,617
2,121,042^8/
23./
12— 15 ST 2 9 /
2,744,49?
29,765
4,014,000
29,76522/
Up to 15
21/
3,172,030
46,05522/
299,390
1,151,531
46,055
299,390
1,151,531
420,843 24/
3,244,139
522,104
2,628
116,714
630
Total low-rent public housing...............
117,344
5,383,191
.33— 1.0#
0— 15 ST
0— 40 ST
0— 40 ST
7.97— 10,57 ST
25Jt
22/
0— 1.5#
86,807,^78 26/
5,975,00022/
565,000
2,628
30— 50
30— 50
2.75— 3.75 ST
3— 3-3/4
1/2
12,211,501
116,714
12,211,501
2-1/2— 7-3/8
3— 5-1/2
630
Demand— 40
4— 36 ST
99,018.879
3,509,36322/
416,590
7,750,186
5,169^0/
72,189
5,169
72,189
416,5902&1
420,843
86,386,535 32^ 86,386,535
1,496,976
Total Federal Housing Administration..........
Government National Mortgage Association:
Management and liquidating functions..........
Special assistance functions.... .............
30,000
2,867,348
2-1/2— 8-1/2 22/
1— 8-1/2 22/
0— 27
0— 37
Total Government National Mortgage Association.
Housing management:
Community disposal operations fund..............
Revolving fund, liquidating programs............
Community planning and management:
New communities guarantee fund..................
Community development:
Public facility loans...........................
Rehabilitation loan fund........................
Urban renewal fund:
Direct loans and planning grants..............
Guaranteed loans..............................
Total Housing and Urban Development Department....
Interior Department:
Public land management:
Bureau of Indian Affairs:
Liquidation of Hoonah Housing Project ........
Revolving fund for loans:
Cooperative associations................... .
Corporations and tribes.................... ,
Credit associations........................ .
Expert assistance.......................... .
Individual Indians......................... -
198,000
469,402
200,640
760.000
290.000
362,620
362,620
131
131
1,101
1,101
22,759
2,041
1,193
1,062
22,759
2,041
1,193
1,062
Territorial Affairs:
Public works.............. .................. .
Rehabilitation in Guam..................... .
529
32,61?
Total Territorial Affairs....................
33,141
Mineral resources:
Geological Survey:
Surveys, investigations, and research........
Water and power resources:
Bureau of Reclamation:
Irrigation distribution systems..............
Small irrigation projects,,..................
Total Bureau of Reclamation..................
20
10— 40
3 ST
Various
529
32,612
2,581
105,451
66,873
7— 7-3/4
3,519,956
Do
3— 20
Various
Do
42/
102,736,835
10,419,164
28,156
41/
10— 30
3—3/8—
—6
3,519.956
Total revolving fund for loans............. .
545,000
5-1/4— '7-1/2
136,920^2/
82,31542/
25
3— 5-1/2
0 — 5-1 /2
2— 5
5-3/2
0 — 5-1/2
5-1/2—6
5-3/4 — 9-1/4
3— 4-1/S 44 /
0— 30
0— 30
0— 30
0— 25
20
36
0— 10
22— 50
22— 50
172,324 4/
Total Interior Department.........................
236,333
Justice Department:
Law Enforcement Assistance Administration:
Loans to law enforcement students..............
89,031
89,031
3-7
10
State Department:
Emergencies in the diplomatic and consular service
Loan to Finland-World War I .......... ............
Loan to the United Nations headquarters..........
1,160
3,213
15,000
1,160
3,213
15,000
3— 4 -I/4
61
34 ST
Footnotes at end of section.
168
Treasury Bulletin
_
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND
b t t u ivb
Section III - Federal Credit Programs
Table GA-IH-2. - Direct and Guaranteed Loans Outstanding, December 31, 1973—Continued
(In thousands of dollars)
Direct loans or credit
Agency and Program
Amount
outstanding
Maximum
authority 1/
Guarantees and insurance
Amount
outstanding
Maximum
authority 2/
Maturity
range
(Years) **
Government
fee or premium
I-Wholly owned Government enterprises
United States dollar loans - (Continued)
State Department— Continued
Loan to the United Nations......................
Total State Department..........................
Transportation Department:
Federal Aviation Administration:
Aircraft loans................................
Federal Highway Administration:
Right-of-way revolving fund...................
Federal Railroad Administration:
Loans to railroads............................
Trustee certificates of railroads.............
Urban Mass Transportation Administration:
Urban mass transportation fund................
Washington Metropolitan Area Transit
Authority bonds..............................
Total Transportation Department.................
4 8 ,0 1 8
48,018
67,391
1% above
16,680
93,796
300,000
22,434
22,434
23,375
30,000
.25#
prime rate
10
2— 10 ST
63,400
102,500
200,000
125,000
3/8%
3/8%
—
32,500
20 ST
15
iSj
5—
7.05
3—5/8——6—7/8
4— 33
7.3— 7.75
1,200,000
40
777,580
139,605
Treasuiy Department:
Receivable from foreign banking institutions....
RFC loans in liquidation........................
Miscellaneous loans and other credits:
Greece - World War I ..........................
Haiti............... ..........................
Japan - (Ryukyu Settlement)...................
Turkey........................................
Lend-lease and surplus property...............
Loan to the United Kingdom....................
1,875
4,348
1,875
4,348
12,667
77
165,000
114,000
1,542,916
2,698,988
12,667
77
165,000
114,000
1,542,916
2,698,988
2
0— 2-3/8
0— 2
82
29
4
29
56
56
Total Treasuiy Department.......................
4,539,871
Atomic Energy Commission:
Long-term receivables...........................
66,539
73,483
4— 7-1/2
20
General Services Administration:
General activities:
Liquidation of Virgin Islands Corporation.....
Miscellaneous loans in liquidation............
RFC liquidation fund..........................
Surplus property credit sales.................
Guaranteed loans................. .
Real property activities....................... .
5,280
179
5
95,244
5,280
179
5
95,244
5—
2— 14
Various
3
2— 33
8
30
Total General Services Administration...........
100,708
4— 8-1/2 ST
7— 30 ST
Veterans Administration:
Direct loans to veterans and reserves...........
Loan guaranty revolving fund:
Acquired mortgages.................. .........
Guaranteed mortgages..................... •....
National service life insurance fund............
Service-disabled life insurance fund............
Soldiers1 and sailors' civil relief.............
U.S. Government life insurance fund.............
Veterans insurance and indemnities..............
Veterans reopened insurance fund................
Veterans special life insurance fund............
Vocational rehabilitation revolving fund........
2
0
4,875
593,500
790,849
1,032,262
1,032,262
456,69S
5,666V
225,742r
293,964)
325
Other independent agencies:
District of Columbia:
Loans for capital outlay: 47/
Highway fund.,................... ..........
General fund................................
Metropolitan sewage works fund..............
Sanitary sewage works fund..................
Water fund..................................
Advances to Stadium sinking fund, Armory
Board £2/.................. .................
Repayable advances to the D.C. general fund....
92,088
516,108
13,928
31,577
27,389
110,000
793,761
46,000
106,000
51,000
416
416
40,000
Total District of Columbia....................
721,506
Emergency Loan Guarantee Board:
Emergency loan guarantee fund.................
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation:
Loans to insured institutions...............
Loans acquired from insured institutions....
67,227
38,580
Total Federal Horae Loan Bank Board............
105,807
25,786,000
4,772,73^;
80,299f
2,897,655
4 0 ,0 0 0
.385— 3.0#
790,849
25,786,000
939,370
14,884
6
66,615
1,258
16,016
36,070
325
4,875
593,500
—
3 -1 / 2
6-1/2
Various
5
4 — 8 -1 / 2
5-1/2— 7-1/2
598,375
Total Veterans Administration...................
Footnotes at end of section.
6
4
3—
3—
4—
4—
9 ST
9 ST
5
5
4—
4—
4—
4—
5
5
5
5
7— 30 ST
7— 30 ST
Indefinite
Do
Do
Do
Do
Do
Do
Do
25,786,000 j6/
3 -7 / 8 —
4-1/8—
3-7/8—
3-7/8—
2-5/8—
ST
ST
ST
ST
ST
30 ST
30 ST
40 ST
30 ST
30 ST
7-1/2 ST
200,000
67,227
38,580
7-1/2
7-1/2
1
7
7-1/2
7-1/2
250,000
2.3-2.75#
-
5.59—
8.40
5— 6.875
4-3/4— 1
7-1/2
Demand— 11
1— 30
April 1974
169
imiAWfilAI. OPERATIONS OP GOVERNMENT AGENCIES AND FUNDS,
Section m - Federal Credit Programs
Table GA-III-2. - Direct and Guaranteed Loans Outstanding,December 31, 1973—Continued
(In thousands of dollars)
Direct loans or credit
Agency and Program
Amount
outstanding
Maximum
authority 1/
Guarantees and insurance
Amount
outstanding
Maximum
authority 2/
Government
fee or premium
Interest
range
(Percent) *
Maturity
range
(Years) "
I-Wholly owned Government enterprises
United States dollar loans - (Continued)
Other independent agencies--Continued
Interstate Commerce Commission*
Railroad loans purchased...................
Railroad loans guaranteed..................
Total Interstate Commerce Commission.......
114,481
114,481
41,482
114,481
4,062
213,202.
530,503
203,260
215,690
294,838
5,248
1,440
1,709,780 42/
2,680,874
1,245
91,421
50,206
4,062
1/4%
3,590,22042{'
1/4%
1/4%
5— 5-1/2 ST
6-1/8 ST
£8/
5— 5-1/2
8
7-1/4— 7-7/8 ST
250,7 2 U
Total business loan and investment fund...
1,464,181
Disaster loan- fund:
Financial assistance program:
Disaster loans.........................
1,498,807
Total Small Business Administration........
2,962,988
Subtotal.......................................
46,723,488
149,026,503
46,723,488
176,732,197-22/
10
30
15
25
20
25
{&/
ST
ST
ST
ST
ST
15 ST
3,074,467
1,498,807 20/
5,597
6-1/8
5,597 5g|/
30
3,080,064 .
Held by lending institutions not guaranteed or
insured by the Federal Government...........
Total budget Federal agencies..................
1— 15
1 — 15
41,482
National Credit Union Administration:
National credit union share insurance fund..
Small Business Administration:
Business loan and investment fund:
Financial assistance program:
Business loans.........................
Displaced business loans...............
Economic opportunity loans...... .......
Local development company loans........
State development company loans-........
Trade adjustment assistance loans......
Investment company assistance program:
Loans and debentures purchased.........
4-1/2— 9-1/2
4-1/2— 9-1/2
41,482
27,705,694 51/
Off-budget Federal agencies 53/
Export-Import Bank of the United States:
Equipment and service loans..................
Commodity loans..............................
Emergency loans..............................
Discount loans...............................
Loans sold with recourse.....................
Export-Import medium term guarantees.........
Certificates of loan participation...........
Insurance issued through the Foreign Credit
Insurance Association:
Medium term insurance......................
Short term insurance.......................
6,400,096
73,272
199,381
516,038
10,897,785
143,002
199,381
2,229,582
525,718^4/
525,718
1,315,296
4,172,227
5,428
25,182
300,072
506,014
Total Export-Import Bank of the United States.
7,188,787
Rural Electrification Administration:
Rural Electrification and telephone revolving
fuAd:
Electric systems............ ...............
Appliances and equipment...................
Telephone systems..........................
Rural Telephone Bank: 66/
Telephone systems..........................
5,320,659
1,373
1,545,518
9,364,398
80,726
80,726
55/
1/2%
6
3—
2—
6—
1/2—
5—
1/4—
40
3
22
5
25
12
3-5
1/2— 5
Up to 180 days
52/
28/
2,652,528
2—
!— \!
2 5)52/
2
2,287,368
J
7.0 ST
Total Rural Electrification Administration....
6,948,276
Total off-budget Federal agencies..............
14,137,063
2,652,528
Total Part I.................................. .
60,860,551
[179,384,7?5
Footnotes at end of section.
881,948
2,097,889
1/2%
2-3/8— 7-7/8
5-3/20— 6
3— 7-7/8
Various
4-6
56/
35 ST
35 ST
35 ST
35— 50 ST
Treasury Bulletin
170
—
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section III - Federal Credit Programs
Table GA-III-2. - Direct and Guaranteed Loans Outstanding,December 31, 1973 —Continued
(In thousands of dollars)
Direct loans or credit
Agency and Program
Amount
outstanding
Maximum
authority 1 /
Interest
range
(Percent)
Maturity
range
(Years)
II-Wholly owned Government enterprises
Loans repayable in foreign currencies
Funds appropriated to the President:
International development assistance:
Bilateral assistance:
Agency for International Development:
6 4 6 ,2 2 0
Total funds appropriated to the President......... ...•••••
Treasuiy Department:
Lend-lease and surplus property..•••••.... .
147,872
3,451,212
694,634
3/t'-U
1 /2 —
1 /2 —
3-1/2
5
5-40
3— 60
30— 40
6— 41
4,939,938
28,690
28,690
978
1,057
1
Other independent agency:
United States Information Agency..............................
Total Part II...........................................
647,437
149,742
3,460,612
695,515
0—
2—3 / 8
At request of
the U. S.
10— 30
i
Private enterprises 6 0 / . ... ................. .
Common defense, economic, and triangular trade loans....
III-Govemment-sponsored enterprises
23,579,000 61/
Farm Credit Administration:
Banks for cooperatives:
Cooperative associations................ .......... .........
Federal intermediate credit banks:
Production credit associations.......................... .
Federal land banks:
Mortgage loans..............................................
Total Farm Credit Administration..............................
Federal Home Loan Bank Board:
Federal home loan banks:
Advances to member banks.......................... .........
Federal Home Loan Mortgage Corporation:
Mortgage loans........ ......................................
Total Federal Home Loan Bank
2,576,748
2,576,748
7,198,489
7,198,489
11,070,764
15,147,144
2,711,848 £5/
2,711,848
Total Part III..................................................
62.283.993
6/
y
y
w
22/
12/
22/
8 -1 / 2
20— 40
9-1/2
1— 20
7.75— 8.80
7-1/2—
8-1/2
1—— 7
5— 40
6V
7-1/2— 9-1/2
7.08— 8.05
Up to 10
25— 30
reports received from agencies pursuant to Treasury Circular No. 966, i w Administrative - difference, if any, between interest rate to borrower
Revised.
and interest rate to lender; statutory - borrower shall pay such fees
If the maximum authority is indefinite, an amount equal to the loans
and other charges as the Secretary may require.
outstanding is shewn in this column. Certain amounts have been noted
15/
Authority for direct and guaranteed loans was transferred to the rural
to indicate factors affecting the indefinite amount. Authority for
housing insurance fund by an act approved August 10, 1965 (42 U.S.C.
credit sales of realty and loans in liquidation is stated in amounts
1487).
equal to the amounts outstanding.
/ Administrative - may not exceed shortest of following: (1) local stat
If the maximum authority is indefinite, an amount equal to the guarantees
utory limitations, (2) 50 years from date principal benefits from works
and insurance outstanding is shown in this column. Certain amounts have
of improvements become available, or (3) useful life of improvement,
been noted to indicate factors affecting the indefinite authority.
Statutoiy - not to exceed 50 years from date principal benefits of works
Figures shown in this column are applicable to both direct loans or
of improvement become available.
credit outstanding, and guarantees and insurance outstanding if amounts
17/
Administrative - direct: loans for natural disasters, interest is deter
are shown under both headings; otherwise they are applicable to the
mined monthly. Pate of 8-1/2# on loans not to exceed $1,000 to low
amounts under the heading shown.
and moderate income families pursuant to Section 502 of the Housing act
Figures are as of June 30, 1973, the latest available.
of 1949, as amended. Rate for Section 504 loans is 1#. Guaranteed:
Administrative - rates are from 4-7/8# to 6-3/8# on direct loans, rates
loans to low or moderate income borrowers; 8-1/2#, above moderate
on guaranteed loans are 1/2# above the prime rates. No statutoiy pro
income borrowers, 8.5# plus 1/2# insurance charge.
visions.
13/
Statutory - direct and guaranteed loans to low and moderate income
Represents loans made in foreign currency, repayable in U.S. dollars.
borrowers: determined annually by the Secretary of the Treasury, con
Statutoiy limit for public debt borrowings is $14,500,000 thousand, of
sidering current average market yield on U.S. marketable obligations
which $9,724,173 thousand was in use as of December 31, 1973. '
outstanding of comparable maturities, adjusted to nearest 1/8 of 1#,
Administrative - minimum period consistent with applicant's ability
less not to exceed difference between adjusted rate and 1# per annum.
to repay, not to exceed maximum maturity set by statute of 15 years
Guaranteed loans to above moderate income borrowers: as determined by
for loans to individuals and 3 0 years for loans to associations.
the Secretary at rates comparable to combined rates of interest and
Statutoiy - determined by the Secretary of the Treasury taking into
premium charges in effect under Title 12, Section 1709.
consideration the current average market yield on U.S. marketable ob1 9 / Maximum authorization for direct rural housing loans is $300,000 thou
ligations outstanding with remaining periods of maturity comparable to
sand.
average maturities of the loans.
20/
Administrative - direct, 3#; guaranteed, 8-1/2#. Statutory - rate de
Administrative - not to exceed 7 years, however, last installment may
termined annually by the Secretary of the Treasury, considering current
be refinanced for 5 years; statutoiy - may not exceed 7 years, but may
average market yield on outstanding U.S. marketable obligations ior
be renewed for not more than 5 years.
comparable maturities adjusted to nearest l/B of 1 #, less not to exceed
Loans made and not disposed of shall not exceed $500,000 thousand at
difference between adjusted rate determined by the Secretary and 1# per
axy one time. There is no limit on loans acquired.
annum.
There is no limit on emergency loans that may be made.
21/
Administrative - direct, not to exceed 50 years; guaranteed, not to
Administrative - rate determined monthly; statutoiy - rate determined
exceed 50 years except for loans made to finance new construction in
monthly by the Secretary of the Treasury taking into consideration
connection with the section 23 leasing program (42 U.S.C. 1421b), which
current average market yield on U.S. marketable obligations outstand- .
are not to exceed 40 years* Statutory - as determined by the Secretary,
ing with remaining periods of maturity of 1 0 to 1 2 years reduced by not
y
2/
9—
11,070,764
15,147,144 §2/
17.858.992
y
4 - 1 /2 —
2 0 ,8 4 6 , 0 0 1
s s = = f c = £ = s e
Board...........................
2/
46,425,000 §2/
16
April 1974
171
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS.
Footnote* toTable GA-III-2 -(Continued)
22/
2V
24/
25/
26/
27/
28/
29/
30/
31/
32/
33/
34/
35/
36/
37/
38/
39/
40/
41/
42/
43/
44/
45/
46/
47/
48/
49/
50/
51/
Administrative - direct, 3#; guaranteed, 8-1/2#. Statutory - rate
determined annually by the Secretary of the Treasury, considering
current average market yield on outstanding U.S. marketable obliga
tions for comparable maturities adjusted to nearest 1/8 of 1%,
Maximum authorization shall not exceed $25,000 thousand each fiscal
year.
Administrative - direct, current interest rate for eligible (moderate
income) applicants, 8.5%; ineligible (above - moderate) applicants
interest rate, 8.5% plus 0.5# Insurance charge. Statutory - deter
mined by the Secretary.
Maximum authorization for direct and guaranteed loans amounts to
$1,000,000 thousand which has been prorated between the direct loans
and the guaranteed loans.
Represents premium on insured loans, there is no premium on guaranteed
loans.
Advances shall be paid within such period as the Commissioner may
deem appropriate in each case, depending on the maturity and solvency
of the reserve fund.
Represents loans to students in institutions of higher education.
After June 30, 1980, and not later than December 31, 1980, there
shall be a capital distribution of the student loan fund and not less
than quarterly thereafter.
Loan allocations are made when needed as determined by surveys of
institutions.
Loans to students are repaid directly to the U.S. Government during
a 10-year period beginning nine months after student leaves school.
Figures for this fund are as of September 30, 1973, the latest
available.
These figures are stated on an estimated basis.
Represents estimated insurance on loans outstanding and loan reports
in process of $1,722,247 thousand.
Administrative - 3-1/2# to 7#, statutory - none.
Includes interagency holdings by the community disposal operations
fund and the Government National Mortgage Association, and loans held
by the Federal National Mortgage Association and the Federal Home
Loan Mortgage Corporation (see footnotes 61 and 65 in Part III of
this table).
Represents maximum authority to borrow from the Secretary of the
Treasury, and funds provided by sales of participation certificates.
Includes loans insured by the Federal Housing Administration and
loans guaranteed by the Veterans Administration.
Determined by the Federal Housing Administration and the Veterans
Administrat ion.
Includes loans of $4,037 thousand insured by the Federal Housing
Administrat ion.
Statutory - application fee, $10 thousand; commitment fee, 0.5# of
principal up to $30,000 thousand and 0.1# over $30,000 thousand. Gua
rantee charges, 3# of principal amount guaranteed. Annual charge,
0.5# of outstanding amount guaranteed for first seven years, 1# of
outstanding amount guaranteed after seven years.
Loans may be paid off at any time by application of proceeds from
sales of land or capital grants or by refinancing.
Authorization is applicable to loans contracted as of June 30, 1973.
As provided by an act approved August 6, 1956 (70 Stat. 1046), loan
allocations to irrigation land holdings not in excess of 160 acres
are interest free. Allocation to nonirrigation uses and irrigation
land holdings in excess of 160 acres bear interest based on the aver
age rate on certain outstanding U.S. marketable obligations.
The guaranteed loan rate is Federal funds rate plus 7/8#. Direct
loan rate is 5-1/2#.
Includes interagency holdings by the Government National Mortgage
Association and loans held by the Federal National Mortgage Associa
tion and the Federal Home Loan Mortgage Corporation (see footnotes
61 and 65 in Part III of this table).
Statutory - rate of interest on loans to the District of Columbia
shall be fixed by the Secretary of the Treasury at the beginning of
the 6-months1 period in which the loans are made. Current rates
range from 2-5/8# to 7-1/2#.
Statutory formulas set minimum rates based on yields of U.S. Govern
ment obligations of comparable maturity. Accordingly, rates charged
may exceed minimum and may vary from month to month.
Maximum authorization totals $5,300,000 thousand, which represents
appropriations made to the Administration. This amount has been pro
rated between the direct loans and the guaranteed loans.
No limitation has been placed on amount of direct or guaranteed loans
that may be outstanding at any one time.
This figure represents the amounts of private participation in par
tially guaranteed U.S. credit programs which will show the full impact
on the private economy of such programs. The following shows the
amounts by agency and program:
Agency
Funds appropriated to the President:
Overseas Private Investment Corporation.......
Amount
(In thousands
of dollars)
136,472
Commerce Department:
Economic Development Administration:
Economic development revolving fund.........
Defense Department:
Defense production guarantees:
Army........................................
Navy............................... *........
Health, Education, and Welfare Department:
Office of Education: (June 30, 1973)
Higher education............ ................
Student loan insurance fund.................
Housing and Urban Development Department:
(Septeniber 30, 1973)
College housing loans............ .............
Federal Housing Administration................
Transportation Department:
Federal Aviation Administration:
Aircraft loan guarantees....................
General Services Administration:
Defense production guarantees.............. .
Veterans Administration:
Loan guaranty revolving fund..................
Other Independent agencies:
Small Business Administration:
Business loan and investment fund.... .......
Disaster loan fund..........................
Total...........................................
52/
53/
54/
22/
56/
57/
58/
59/
60/
61/
62/
63/
64/
65/
66/
ST
5,688
39
305
278,120
495,778
'717,022
1,301,404
1,853
43,875
24,246,000
478,391
747
27,705,694
Excludes $10,361,104 thousand representing securities issued by the
Federal National Mortgage Association and other institutions that
are guaranteed by the Government National Mortgage Association,
guarantees of mortgage-backed securities fund. These securities
are backed by Federal Housing Administration insured or Veterans
Administration guaranteed mortgages held by the institutions.
Pursuant to an act approved August 17, 1971 (12 U.S.C. 635 (a)), the
net outlays of the Export-Import Bank of the United States have been
reclassified outside the unified budget since August 17, 1971. Most
outlays of the rural electrification and telephone revolving fund
and the Rural Telephone Bank have been reclassified outside the
unified budget since May 12, 1973, as provided by an act approved
May 11, 1973 (87 Stat. 65-71).
Includes guaranteed Interest of $17,778 thousand.
Shipment coverage rates as of December 31, 1973, were $.13 to $5.88
on each $100 of financed portion (contract pride minus cash payment).
1/2# to 1-1/8# on outstanding commercial bank loans.
Guaranteed interest rate will be 1# above the Department of the
Treasury borrowing rate for comparable maturities and will be fixed
at time of authorization.
Shipment coverage rates as of December 31, 1973, were $.35 to $6.62
on each $100 of financed portion (contract price minus cash payment).
Shipment coverage rates as of December 31, 1973 were $.08 to $2.14
on each $100 of gross Invoice value.
Interest is 2# on loans made prior to May 11, 1973. Loans after that
date bear interest at 2# or 5# depending on certain conditions stated
in Section 305 (b) of an act approved May 11, 1973 (87 Stat. 69).
Represents the Cooley loan program established by an act approved
August 13, 1957 (7 U.S.C. 1704 (e)).
Consists of mortgages insured by the Federal Housing Administration
and guaranteed by the Veterans Administration amounting to
$23,197,000 thousand, less unamortlzed discount of $869,000 thousand;
less allowance for loss cm loans of $10,000 thousand; conventional
loans of $986,000 thousand; and gross participations in construction
loans of $275,000 thousand.
Represents authority of $2,250,000 thousand to borrow from the De
partment of the Treasury, and authority as of June 30, 1973 of
$44,175,000 thousand to borrow from the public. Guaranteed securi
ties may also be issued in amounts limited only by the Size of the
Association's loan portfolio.
Does not include advances of $913,000 thousand to the Federal Home
Loan Mortgage Corporation.
At no time shall the aggregate outstanding advances made by any
Federal home loan bank to any member exceed 12 times the amounts
paid by such member for outstanding capital stock held by it
(12 U.S.C. 1430 (c)).
Gonsists of mortgages insured by the Federal Housing Administration
and guaranteed by the Veterans Administration amounting to $1,816,930
thousand; less unamortized discount of $69,738 thousand; participa
tions in conventional loans of $572>194 thousand, conventional whole
loans of $401,462 thousand; less loan loss reserve of $9,000 thousand.
This Bank is a mixed-ownership corporation.
Statutory.
n.a. Not available.
172
Treasury Bulletin
CUMULATIVE TABLE OF CONTENTS
May 1973 through April 1974
Issue and page number
1973.
1974
Sections
May
June
July
VI
V
V
VI
1
2
4
5
6
7
1
2
4
5
6
7
1
2
4
5
6
7
1
2
4
9
10
9
10
11
11
...
13
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
VI
V
VI
V
VI
VI
V
1
2
4
5
6
7
1
6
7
1
2
4
5
6
7
4
5
6
7
1
2
4
5
6
7
1
2
4
5
6
7
1
2
4
5
6
7
1
2
4
5
6
7
1
2
4
5
6
7
9
10
9
10
19
10
9
10
9
10
9
10
9
10
9
10
9
10
9
10
11
,..
...
11
...
11
...
11
...
11
11
...
13
...
11
11
13
...
11
•••
13
11
13
15
...
Mar.
Apr.
Article:
VI
FederaLfiscal operations:
5
cL
Investment transactions of Government accounts in
Loan disbursements and repayments, net lending, and
loan balances of Federal credit programs............
Selected accrual data reported by Federal agencies....
*U
.. •
Accountability of the U.S. Treasury on an accounting
16
Summary of internal revenue collections by State,
13
Account of the U.S. _Treasury:
Status of the Account of the U.S. Treasury...........
Analysis of changes in tax and loan account balance...
Summary of cash transactions through the Account of
the U.S. Treasury..................................
Gold assets and liabilities of the Treasury..........
15
16
14
...
14
14
18
16
14
15
17
15
19
20
20
21
18
19
14
15
18
19
17
18
21
22
22
23
17
18
18
19
20
21
18
19
21
21
22
22
20
20
16
16
20
20
19
19
23
23
24
24
19
19
20
20
22
22
20
20
22
23
21
17
21
20
24
25
20
21
23
21
23
24
22
18
22
21
25
26
21
22
24
22
23
24
24
25
22
23
18
19
22
23
21
22
25
26
26
27
21
22
22
23
24
25
22
23
24
25
25
26
23
24
19
20
23
24
22
23
26
27
27
28
22
23
23
24
25
26
23
24
26
27
28
29
27
28
29
30
25
26
27
28
21
22
23
24
25
26
27
28
24
25
26
27
.28
29
30
31
29
30
30
32
24
25
26
27
25
26
27
28
27
28
29
30
25
26
27
28
30
31
29
25
29
28
32
33
28
29
31
29
31
32
32
33
30
31
26
27
30
31
29
30
33
34
34
35
29
30
30
31
32
33
30
31
35
36
34
30
34
33
34
35
30
34
36
34
M°neta£y_,statist ic§,:
Federal.debt;
Computed interest charge and computed interest rate
on interest-bearing public debt....................
Maturity distribution and average length of marketSpecial public debt issues..... ......................
Interest-bearing securities issued by Government
Treasury holdings of securities issued by Government
Pabli^., debt,operat iQns:
Maturity schedule of interest-bearing marketable
public debt securities other than regular weekly
Offerings of Treasury bills.............. ............
New money financing through regular weekly Treasury
bills..............................................
Offerings of public marketable securities other than
regular weekly Treasury bills......................
Unmatured marketable securities issued at a premium
or discount other than advance refunding operations.
Allotments by investor classes on subscription for
public marketable securities.......................
Disposition of public marketable securities other
Foreign series securities (nonmarketable) issued to
official institutions of foreign countries.........
Foreign currency series securities (nonmarketable)
issued to official institutions of foreign
38
39
38
34
38
37
41
42
37
38
39
38
41
42
41
37
41
40
44
45
40
42
44
42
43
44
43
39
43
42
46
47
42
44
47
45
46
47
46
42
46
45
49
50
45
47
50
48
50
51
50
46
50
50
54
55
49
52
55
53
61
63
62
58
63
56
60
62
57
59
63
61
62
66
64
66
67
69
64
65
67
70
...
United States savings bonds:
64
Sales and redemptions by periods, all series
combined............................ *.............. • 64
Sales and redemptions by periods, Series E through K . .
65
Redemptions of matured and unmatured savings bonds....
67
Sales and redemptions by denominations, Series E and
H combined............ .............................
68
Sales by States, Series E and H combined.............
...
66
65
61
66
59
63
65
60
66
67
69
65
66
68
61
62
64
66
67
69
59
60
62
63
64
66
65
66
68
60
61
63
...
...
65
66
...
...
67
...
...
...
!
62
63
65
...
66
173
April 1974
CUMULATIVE TABLE OF CONTENTS
May 1973 through April 1974—Continued
Issue and page number
1973
1974
Sections
May
June
July
Aug.
United States savings notes:
Sales and redemptions by periods.....................
69
70
69
Ownership of Federal securities:
Distribution by classes of investors and types of
issues,............................................
Estimated ownership by private investors.............
70
71
71
72
Treasury survey of oimership...........................
72
Treasury survey-commercial bank ownership..............
ftfegcet j^UQj&ations.,g n ,Treasury jgecmdt ie s:
End-of-month closing quotations.......... ............
Chart ~ yields of Treasury securities................
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
67
70
63
68
69
64
67
71
68
70
71
68
69
71
72
64
65
69
70
70
71
65
66
68
69
72
73
69
70
73
72
70
73
66
71
72
67
70
74
71
...
...
...
77
...
...
...
...
...
78
...
...
79
81
80
82
79
81
83
85
80
82
73
75
79
81
80
82
75
77
84
86
82
84
79
81
Average yields of long-term bonds:
Average yields of long-term Treasury, corporate and
82
83
82
86
83
76
82
83
78
87
85
82
Chart -* average yields of long-term Treasury,
corporate and municipal bonds........................
83
84
83
87
84
77
83
84
79
88
86
83
Exchange Stabilization Fund:
Balance sheet....,.... ,.............................
Income and expense,..................................
...
...
84
85
...
...
78
79
...
...
80
81
...
...
84
85
•».
...
...
...
••♦
National bank reports:
Income, expenses, and dividends for calendar year 1971
International financial statistics:
U.S. reserve assets..................................
U.S. liquid and nonliquid liabilities to foreign
official institutions, and liquid liabilities to all
other foreigners....................................
U.S. liquid and nonliquid 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 International Monetary Fund.....
U.S. net monetary gold transactions with foreign
countries and international and regional organi
zations.............................................
85
...
84
86
86
88
85
80
84
85
82
89
87
86
85
87
87
89
86
81
85
86
83
90
88
87
86
88
88
90
87
82
86
87
84
91
89
88
87
88
89
90
89
90
91
92
88
89
83
84
87
88
88
89
85
86
92
93
90
91
89
90
89
91
91
93
90
85
89
90
87
94
92
91
92
94
94
96
93
88
92
93
90
97
95
100
102
102
104
101
96
100
101
98
105
103
102
106
108
108
110
107
102
106
107
104
111
109
108
110
112
112
114
111
106
110
111
108
115
113
112
Transactions in long-term securities by foreigners re
ported by banks and brokers in the United States....
Foreign credit and debit balances in brokerage accounts.,
116
125
118
127
118
127
120
129
117
126
112
121
116
125
117
126
114
123
121
130
119
128
118
127
Foreign currencies acauired bv the U.S. Government
without payment of dollars:
Foreign currency transact ions, summary and country uses.
Foreign currency transact ions, U.S. uses and trust funds.
...
...
...
...
...
...
128
129
...
...
...
...
130
131
128
...
130
...
•..
...
...
...
126
...
133
...
155
129
131
...
132
128
198
159
130
...
...
Capital movements between 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
Liabilities to foreigners reported by nonbanking
concerns in the United States.......................
Claims on foreigners reported by nonbanking concerns
,
94
finpffrlaX gpey.atioas, „of, Goy?yqjnert- a g e i n g and, funds:
Government corporations and other business-type
activities:
Statements of financial condition...................
Statements of income and retained earnings.........
Federal credit programs:
Direct sales and repurchases of loans..............
Loans outstanding, excluding interagency loans.....
Direct and guaranteed loans outstanding.,,,........
Trust funds:
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 Insurance Fund...... .........
Investments of specified trust accounts............
155
156
••.
159
160
161
162
163
163
164
166
167
139
140
141
142
143
143
144
146
147
123
...
124
...
,,.
,,,
...
...
...
...
...
130
128
133
•••
160
131
132
133
134
135
135
136
138
139
167
168
169
170
171
172
173
174
175
164
...
165
...
...
...
...
...
...
...
...
, *.
...
@FedFRASER