Full text of Treasury Bulletin : August 1972
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Treasury Bulletin
A u g u s t 1972
A \
U N I T E D STATES T R E A S U R Y
DEPARTMENT
OFFICE OF THE SECRETARY
T h e Treasury B u lle tin is for sale by the
Superintendent of D ocum ents,
U .S . Government Printing O ffice, W ash in g ton , D .C . 20402
Subscription per year $13.50 dom estic, $17.00 foreign.
S in g le copy price varies.
Treasury Bulletin
A U G U S T 1972
DEPARTM EN T OF THE TR E A SU R Y
W A S H I N G T O N , D .C .
O F F IC E O F T H E S E C R E T A R Y
August 1972
CONTENTS
Treasury financing operations..........................................................................
II
Federal fiscal operations..........................................................................
1
Federal obligations...................................................................................
12
Account of the Treasurer of the United States......................................
13
Monetary statistics....................................................................................
16
Federal debt............................................................................................
17
Public debt operations...............................................................................
25
United States savings bonds.....................................................................
62
United States savings notes.....................................................................
68
Ownership of Federal securities................................................................
69
Treasury survey of ownership................................................................
71
Treasury survey - commercial bank ownership...................................
78
Market quotations on Treasury securities.................................
84
Average yields of long-term bonds..........................................................
87
International financial statistics..............................................................
89
Capital movements.................................................................................•
95
Financial operations of Government agencies and funds..................
132
Cumulative table of contents..................................................................
141
Note:
Details o f figures may not add to totals because o f rounding.
II
Treasury Bulletin
Treasury Financing Operations
August Refunding
On July 26 the Treasury announced an exchange offering
of 5-7/8% Treasury
Notes of Series F-1976 at 99.75
5.96%), 6-1/4-% Treasury Notes
6-3/8% Treasury
(yield
of Series A-1979 at par, and
Bonds of 1984
at 99.40 (yield
6.45%)
to
to holders
of notes and bonds
February 15, 1975.
The
due November 15, 1974,
bonds were also
offered for
subscription to individuals in amounts not to exceed $10,000
for any
one person.
Details relating
to the
holders of Treasury notes and Treasury bonds maturing August
amounts held, and preliminary figures of amounts
15, September 15, November 15
are shown in the accompanying table.
and December 15, 1972.
The
and
cash
securities,
exchanged
6-1/4% notes and 6-3/8% bonds were also offered in exchange
___________________________ (In millions of dollars)
AMOUNT EXCHANGED
ELIGIBLE FOR EXCHANGE
Securities
Amount
5% notes, E-1972,
maturing Aug. 15, 1972
4% bonds,
maturing Aug. 15, 1972
2-1/2% bonds,
maturing Sept. 15, 1972
6% notes, F-1972,
maturing Nov. 15, 1972
2-1/2% bonds,
maturing Dec. 15, 1972
5-3/4% notes, A-1974,
maturing Nov. 15, 1974
3-7/8% bonds,
maturing Nov. 15, 1974
5-3/4% notes, A-1975,
maturing Feb. 15, 1975
5-7/8% notes, E-1975,
maturing Feb. 15, 1975
Total
for 5-7/8% notes ma
turing Feb. 15, 1976
for 6-1/4% notes ma
turing Aug. 15, 1979
for 6 -3/8% bonds m a
turing Aug. 15, 1984
2,574
1,716
612
15
2,343
1,453
698
124
253
1,075
1,951
1,108
166
221
1,495
2,285
630
197
134
961
2,547
222
164
1,195
7,212
1,233
538
1,771
2,236
759
265
1,024
5,148
678
453
1,131
11,818
555
2,045
823
27.451
4,961
4,546
2,311
27.451
4,961
4,546
2,352
Sold for cash
41
Grand Total
The amounts exchanged include subscriptions for Govern
ment accounts and the
Federal Reserve Banks which
totaled
dated August 15, 1972, were
tendered
$1,028, for the 5-7/8% notes, $1,437 million for the 6-1/4%
subsequent
appropriate
Cash sales of the
bonds totaled $41 million.
4l"
11,859
to be detached from securities
in exchange and cashed when due.
notes, and $1,180 million for the bonds.
time, August 2, 1972, except that subscriptions from individ
uals exchanging registered securities or subscribing for cash
received until 5:00 p.m., local time, August 4 , 1972.
To be timely, subscriptions had to be received by a Federal
to August 15, 1972, had to be attached
securities when surrendered.
that date.
books closed.
Interest on the new notes and bonds will be payable on
February 15 and August 15 until maturity.
day
the
to holders of record on July 14, 1972, the date the transfer
were issued in bearer and registered
of those
to
Interest on secu
rities was paid by issue of Interest checks in regular course
the United States by such times,
addressed to one
dated
August 15, 1972, interest due on registered secu
Reserve Bank or Branch or by the Office of the Treasurer of
midnight, the previous
Coupons
rities due subsequent to August 15, 1972, was adjusted as of
The subscription books were open until 5:00 p.m., local
were
Total
except that subscriptions
agencies
and postmarked before
were deemed to be timely. Coupons
The notes and bonds
form in denominations
of $1,000, $5,000, $10,000, $100,000, and $1,000,000.
Sub
scribers exchanging securities due in 1974 and 1975 may elect,
III
August 1972
Treasury Financing Operations - (Continued)
for Federal income tax purposes, to recognize gain or loss
Subscribers exchanging securities due in 1972 must recognize
on account of the exchange either in the taxable year of the
gain or loss on account of the exchange in the taxable year
exchange or (except to the extent that cash is received) in
of the exchange.
the taxable
year of disposition or redemption of the secu
rities received in the exchange.
Any gain to the extent that
cash was received by the subscriber (other than as an interest
Details showing cash and interest adjustments for sub
scribers who
exchanged securities due subsequent to August
15, 1972, appear in the following table.
adjustment) must be recognized in the year of the exchange.
(In dollars per $1,000 face value)
Net amount to be paid
Payment to
or by (-)
subscriber
to adjust
exchange
values
Securities to
be exchanged
2-1/2$ Bond of 9/15/72
6$ Note of 11/15/72
2-1/2$ Bond of 12/15/72
1.37780
6.70838
-3.50915
2-1/2$ Bond of 9/15/72
6$ Note of 11/15/72
2-1/2$ Bond of 12/15/72
5-3/4$ Note of 11/15/74
3-7/8$ Bond of 11/15/74
5-3/4$ Note of 2/15/75
5-7/8$ Note of 2/15/75
-1.12220
4.20838
-6.00915
6.10880
-30.23856
3.06136
5.81659
2-1/2$ Bond of 9/15/72
6$ Note of 11/15/72
2-1/2$ Bond of 12/15/72
5-3/4$ Note of 11/15/74
3-7/8$ Bond of 11/15/74
5-3/4$ Note of 2/15/75
5-7/8$ Note of 2/15/75
4.87780
10.20838
- .00915
12.10880
-24.23856
9.06136
11.81659
Payment to subscriber
for accrued interest
to Aug. 15, 1972,
on securities exchanged
5-7/8$ notes of Series F-1976
10.39402
15.00000
4.16667
6-1/4$ notes of Series A-1979
10.39402
15.00000
4.16667
14.37500
9.68750
By subscriber
11.77182
21.70838
.65752
9.27182
19.20838
1.84248
20.48380
20.55106
3.06136
5.81659
6-3/8$ bonds of 1984
10.39402
15.00000
4 .16667
14.37500
9.68750
15.27182
25.20838
4.15752
26.4-8380
14. 55106
9.06136
11.81659
rate was 4.731 percent.
9-Month and One-Year Bills
On July 19
To subscriber
tenders were invited
Tenders received for the
for $500 million, or
365-day bills totaled $2,850
thereabouts, of 273-day Treasury bills, representing an addi
million, of which $1,201 million was accepted, including $31
tional amount of bills dated April 30, 1972, maturing April 30,
million of noncompetitive tenders.
1973, and
rate
for $1,200 million,
or thereabouts,
of 365-day
Treasury bills to be dated July 31, 1972, to mature July
1973, both series to be issued July 31.
These
31,
issues were
to refund $1,703 million of bills maturing July 31.
million, of
13-Week and 26-Week Bills
Tenders
Issues of regular weekly Treasury bills In July totaled
for the 273-day bills totaled $1,526
There were four 91-day Issues of $2.3 billion and four 182-
were opened on July 25.
Tenders received
The average bank: discount
was 4.918 percent.
$16.4 billion,
which $500 million was accepted, including $16
million of noncompetitive tenders.
The average bank discount
replacing $15.8 billion of maturing
day issues of $1.8 billion.
bills.
Average rates for the new issues
are shown in the following table.
Treasury Bulletin
IV
Treasury Financing Operations - (Continued)
the face’amount of bills applied for, unless tne tenders are
accompanied by
13-week
26-week
(Additional amount of bills of
original maturity of 26 weeks)
an express guaranty of payment by an incor
porated bank or trust company.
Noncompetitive tenders (without stated price), usually
Date of —
Additional
issue
Original
issue
Approximate
equivalent
annual
average
rate 1/
Approximate
equivalent
annual
average
rate 1/
Date of
issue
for $200,000 or
less from any one biaaer, are accepted
full at the average price
in
of accepted competitive bids for
an issue.
Payment for accepted tenders must be made or completed
1972
July
6
13
20
27
1972
Apr.
6
13
20
27
4.139
4.103
3.949
4.046
on the date of issue, in cash or other immediately available
1972
July
6
13
20
27
4.689
4.605
4.455
4.585
funds or in a like face amount of Treasury bills maturing on
that date.
Payment for 13-week, 26-week, 9-month, and one-
year bills may not be made by credit in Treasury tax and loan
accounts.
y
Bank discount basis.
Foreign Series and Foreign Currency Series
Treasury Bills - General
Foreign series securities issued in July totaled $7,282
Treasury bills are sold on a "bid basis.
is payable without interest at maturity.
bearer form
The face amount
They are issued in
only, and in denominations of $10,000, $15,000,
million, consisting
of twenty certificates of indebtedness
and ten notes.
Redemptions for the month totaled $4,156 mil
lion.
end of July, foreign series securities
At the
$50,000, $100,000, $500,000, and $1,000,000 (maturity value).
standing totaled $20,039
Tenders are received at Federal Reserve banks and branches.
page
Each tender must be for a minimum of $10,000.
Tenders over
$10,000 must be in multiples of $5,000.
Banking institutions
account of
customers.
million.
(Details
out
are shown
on
57. )
Foreign currency series securities issued in July con
sisted of one certificate denominated in Swiss francs equiv
generally may submit tenders for
Tenders may be made without deposit
alent to $114
million.
Redemptions for the
an equivalent of $187 million.
month totaled
At the end of July, foreign
by incorporated banks and trust companies and by responsible
currency series securities outstanding totaled an equivalent
and recognized dealers
of $1,999 million and
from others
Note:
in investment securities.
Tenders
must be accompanied by payment of 2 percent of
Swiss francs.
were denominated in German marks and
(Details are shown on page 61 .)
Details of Treasury market financing operations are shown elsewhere in tables on public debt operations.
August 1972
____________________________________________ FEDERAL FISCAL OPF,RATIONS
Table FFO-1. - Summary of Fiscal Operations
___ iin jBiuisaa
Budget receipts, expenditures, and lending
The expenditure account
Fiscal year
or month
Net
receipts
2/
Net
expend
itures
Means of financing ■
- net transactions
Loan account 1/
Surplus
or def
icit (-)
1/
21 .japLLam-----
Borrowings from the public - Federal securities
Loan
dis
burse
ments
Net lend
Loan
ing sur
repay plus or
ments
deficit (-)
(4).
9,646
10,237
10,911
14,628
17,676
20,327
13,167
8,344
8,149
7,772
(5)
9,791
9,693
9,662
10,796
12,623
14,297
11,691
6,215
7^042
6,667
Budget
surplus
or def
icit (-)
Out
lays 2/
1/
(2)-(6)
(7)
< 111,311
118,584
118,430
134,'652
158,254
178,833
184,548
196,588
211,425
231,619
Invest
ments of
Govern
ment ac
counts i j
Public
Agency
debt
securi
securi
ties
ties
(l)
1963......... 106,560
1964......... 112,662
1965......... 116,833
1966......... 130,856
1967......... 149,552
1968......... 153,671
1969......... 187,784
1970......... 193,743
1971......... 188,392
1972p......... 208,596
(l)-(2)
(3)
-4,896
-5,377
-347
36
-3,649
-19,131
4,712
-716
-21,927
-21,918
1973 (Est.)...
1971-June.....
-27,800
2,774r
n.a.
1,010r
n.a.
760
800
-251r
250,000
19,976r
27,000
2,523r
n.a.
1,285
n.a.
-551r
n.a.
1,042
-5,309
-3,624
1,444
-6,215
-3,852
128
603
701
626
549
618
718
554
395
695
435
468
319
-49
-306
69
-115
-149
-399
18,556
19,582
18,196
18,791
18,947
17,484
-5,358
-3,930
1,513
-6,330
-4,002
-271
7,169
9,293
-2,324
-334
2,686
9,511
-960
20
-503
50
-10
284
-1,630
-3,350
-4,763
5,421
-2,448
2,281
693
608
639
546
617
854
450
433
313
1,061
380
1,164
-243
-175
-327
515
-237
310
19,469
18,764
20,327
18,598
19,960
22,945
-1,873
-3,525
-5,090
5,935
-2,685
2,591
-1,269
1,169
3,312
-2,039
2,607
-651
-474
568
-103
-44
272
-370
1,983
2,459
-825
-1,691
87
1,313
-1,877
1,736
-586
-24
3,498
2,347
July.....
Aug......
Sept.....
Oct......
Nov......
Dec......
1972-Jan......
Feb......
Mar......
Apr......
May......
June p...
(2)
111,456
118,039
117,181
130,820
153,201
172,802
183,072
194,460
210^318
230,514
223,000
250,800
22,499r
19,?26r
13,198
15,652
19,710
12,462
14,945
17,213
17,596
15,239
15,237
24,534
17,275
25,537
18,507
19,276
18,265
18,677
18,798
17,085
19,226
18,589
20,000
19,113
19,723
23,255
-(4)+(5)
(6)
145
-545
-1,249
-3,832
-5,053
-6,030
-1,476
-2,128
-l.,107
-1,105
(3)+(6)
(8)
-4,751
-5,922
-1,596
-3,796
-8,702
-25,161
3,236
-2,845
-23,033
-23,023
(9)
7,659
5,853
5,561
2,633
6,314
21,357
6,142
17,198
27_,211
29,131
(10)
196
508
704
4,041
5,079
5,944
-10,150
-1,739
~ r.347
-1,269
Total
borrowings
from the
public
Special
notes 5/
(9)+(l0)
-(11)~(12)
cm
6,088
3,092
4,061
3,076
2,838
23,100
-11,146
5,397
19,448
19,442
(12)
339
405
-126
354
-482
-1,119
-1,384
(ll)
1,428
2,864
2,330
3,244
9,035
5,320
8,522
10,062
7,417
8,420
_
_
-
2°,028
-309r
4,226
6,854
-2,003
1,407
2,590
8,482
1
'
|
_
_
_
!
_
134
1
3,795
-2,059
-618
-3,368
"
Means of financing - net transactions (continued)
Fiscal year
or month
Changes in cash and monetary assets
With other
Within gen'l
Government
With Inter
officers
acct. of
national
Treasurer,
Monetary
(deduct)
U.S. 6/
Fund
(deduct)
(deduct)
SDR's 7/ Other
(14)
1,876
1963.........
-1,264
1964.........
1965.........
1,594
-260
1966......... I
1967.........
-4,571
1968.........
-1,094
760
1969.........
1970.........
1,746
826
1971
1972p........
1,399
1973 (Est.), ,
1971-Tune.....
2,015r
-1,718
July.....
2,276
Aug......
Sept.....
630
Oct......
-3,385
Nov......
-2,413
Dec......
7,028
1972-Jan......
-26
Feb...... -4,150
Mar......
691
Apr......
4,700
May......
-2,836
June p...
602
(15)
-
-
557
290
711
-
-100
-50
-
3
-10
10
710
-
-7
155
(16)
-58
41
371
259
-5
1,859
808
-1,536
-208
1,145
-
408r
-434
148
116
-226
76
-57
151
-73
-121
892
-1,007
1,680
(17)
-255
-367
381
-447
-342
538
644
802
-908
-988
-
-250
4
-856
5
-
6
-
-3
5
-200
40
11
Selected balances, end of period
' Total
Trans
budget
Other
actions
finanemeans of not applied
ing
financ to year's
ing 8/
surplus or
(13M14)
deficit 2/ -(15)-(16)
-(17)+(IS)
+(19)
(20)
(18)
(19)
188
38
4,751
61
5,922
1,179
98
-217
1,596
3,796
-359
629
132
8,702
813
2,997
367
25,161
10,407
-3,236
-284
-22
-961
2,845
482
3,103
23,033
4,556
1,292
23,023
-2,028
n.a.
27,000
-79r
37
-2,523r
-1,139
-1,507
1,229
1,300
-1,014
-1,341
2,656
-775
1,913
1,520
-1,238
2,952
22
101
11
15
85
111
-82
73
-44
-12
892
118
Source:
Based on monthly statement of receipts and expenditures of the
Government. The loan account data for fiscal years 1963-1966 are from
the 1973 Budget document released January 24, 1972. All estimated have
been tentatively revised in the Mid-Session Review of the 1973 Budget
released June 5, 1972.
Includes investments in non-Federal securities.
i/
2/ See Table FFO-2. 2/ See Table FFO-3. k/ See Table FFO-6.
5/ Represents non-interest bearing public debt securities issued to the
IMF and international lending organizations (IDA and IADB) in recogni
tion of U.S. Government subscription commitments.
6/ Current fiscal year to date transactions are on the daily Treasury
statement clearance date basis and are converted to accounting date
basis at June 30 (final) only. Prior fiscal year amounts include
transactions in transit as of June 30. For amounts in transit see
Federal securities
General
account of Public
Treasurer,
debt
U.S. 6/
securi
ties
Agency
securi
ties
10/
Invest
ments of
Govern
ment
accounts
(21)
(22)
12,380
11,116
12,710
12,450
7,879
6,785
7,544
9,291
10,117
11,310
n.a.
10,117
305,860
311,713
317,274
319,907
326,221
347,578
353,720
370,919
398,130
427,260
n.a.
398,130
8,123
8,631
9,335
13,377
18,455
24,399
14,249
12,510
12,163
10,894
n.a.
12,163
56,345
59,210
61,540
64,784
73,819
79,140
87,661
97,723
105,140
113,559
n.a.
105,140
5,358
3,930
-1,513
6,330
4,002
271
8,193
10,469
11,099
7,714
5,301
12,329
12,303
8,153
8,844
13,543
10,708
11,310
11,203
11,223
10,720
10,770
10,760
11,044
10,570
11,137
11,034
10,991
11,263
10,894
107,123
109,582
108,757
107,066
107,153
108,466
1,873
3,525
5,090
-5,935
2,685
-2,591
405,299
414,592
412,268
411,934
414,620
424,131
422,862
424,032
427,344
425,304
427,912
427,260
(23)
(24)
106,589
108,325
107,739
107,715
111,213
113,559
Special
notes
5/
Held by
the
public
(22)+(23)
-f24)-(25)
(26)
(25)
3,176
3,581
3,455
3,810
3,328
2,209
825
825
825
825
n.a.
825
254,461
257,553
261,614
264,690
267,529
290,629
279,483
284,880
304,328
323,770
356,000
304',328
825
825
825
825
825
825
825
825
825
825
825
825
308,554
315,408
313,406
314,812
317,402
325,884
326,018
326,019
329,814
327,755
327,137
323,770
Table FF0-8 in December 1971 Bulletin.
7/ Represents holdings of Special Drawing Rights, less certificates
issued to Federal Reserve Banks.
8/ Includes accrued interest payable on public debt securities, deposit
funds, and miscellaneous liability and asset accounts.
2/ Includes seignoirage, fiscal 1969 conversion of certain corporations
to private ownership, fiscal 1970 reclassification of certificates
of interest of $1,590 million less $7 million investments held by
Government accounts, net outlays of the Export-Import Bank of the
U.S. that were reclassified outside the unified budget sphere
effective August 17, 1971, and beginning May 1972, increases in
gold assets of the U.S.
10/ See Table FD-6. r Revised.
n.a.
Not available.
p Preliminary.
2
Treasury Bulletin
________ FEDERAL FISCAL O PER ATIO N S__________
Table FFO-2. - Budget Receipts by Principal Sources
(In millions of dollars)
Income taxes
Fiscal year
or month
Net
budget
receipts
Individual
Withheld
1963..............
1964-..............
1965..............
1966..............
1967..............
1968..............
1969..............
1970..............
1971...... .......
1972p.............
106,560
112,662
116,833
130,856
149,552
153,671
187,784193,743
188.,392
208,596
1973 (Est.)........
223,000
38,719
39,259
36,840
42,811
50,521
57,301
70,182
77,416
76^490
83,282
n.a.
Corporation
Other
Refunds
Net
total
14,269
15,331
16,820
18,486
18,850
20,951
27,258
26,236
24 262
25,683
n.a.
5,400
5,893
4,869
5,851
7,845
9,527
10,191
13,240
14, 522
14,14-1
n.a.
47,588
48,697
48,792
55,446
61,526
68,726
87,249
90,412
86,230
94,824
95,500
Gross
22,336
24,301
26,131
30,834
34,918
29,897
38,338
35,037
30^320
34’
,797
n.a.
Refunds
'
Net total
income
taxes
Net
total
757
808
670
761
946
1,232
1,660
2,208
3,535
2,760
n.a.
21,579
23,493
25,461
30,073
33,971
28,665
36,678
32,829
26,785
32,038
36,000
69,167
72,189
74,253
85,519
95,497
97,390
123,927
123,241
113,015
126,862
131,500
505
9,855r
6,684
236
6,447
13,198
15,652
19,710
12,462
14,945
17,213
6,679r
6,221
6,706
5,513
5,941
7,245
6,823
3,681
July.........
Aug..........
Sept.........
Oct..........
Nov..........
Dec..........
490
306
3,755
396
264
379
191
91
76
55
55
106
6,519
6,920
9,192
6,282
7,455
7,096
1,163
688
4,505
1 ,11 1
730
5,064
284
236
198
375
218
138
879
453
4,306
736
512
4,927
16,302r
7,398
7,373
13,499
7,018
7,967
12,023
1972-Jan..........
Feb..........
Mar..........
Apr..........
May..........
June p ........
17,596
15,239
15,237
24,534
17,275
25,537
6,627
7,581
7,783
6,599
8,141
8,102
4,318
682
1,323
8,650
1,413
3,708
1
1,416
5,200
3,284
2,997
668
10,944
6,846
3,905
11,965
6,557
11,142
1,228
878
4,995
5,145
967
8,324
158
212
273
250
234
185
1,070
666
4,722
4,895
733
8,138
12,014
7,512
8,628
16,860
7,290
19,280
1971_June.........
22,499r
Social insurance taxes and contributions
Employment taxes and contributions
Fiscal year
or month
Old-age, disability, and
hospital insurance
Unemployment insurance
Railroad retirement accounts
Net total
1963..............
1964..............
1965..............
1966..............
1967..............
1968..............
1969..............
1970..............
1971..............
1972p.............
1973 (Est.)........
Gross
Refunds
Net
total
14,314
16,532
16,915
20,206
27,328
28,672
33,956
38,600
41,237
45,556
n.a.
139
166
192
228
282
263
605
386
518
447
n.a.
14,175
16,366
16,723
19,978
27,046
28,409
33,351
38,214
40,719
45,109
n.a.
1971-June.........
3,339
-
July.........
Aug..........
Sept.........
Oct..........
Nov..........
Dec..........
2,971
4,945
3,364
2,582
3,248
2,228
_
1972-Jan..........
Feb..........
Mar..........
Apr..........
May..........
June p ........
3,162
4,756
3,857
5,024
5,773
3,647
-
-
447
3,339
2,971
4,945
3,364
2,582
3,248
2,228
3,162
4,756
3,857
5,024
5,326
3,647
Gross
572
594
636
684
777
815
885
920
981
1,011
n.a.
Refunds
*
X
■*
*
*
1
*
1
■*
1
n.a.
88
16
104
87
10
160
83
6
165
97
6
178
98
_
*
*
**
*
*
*
*
*
_*
(Continued on following page)
Net
total
Gross
Refunds
Net
total
4,115
4,049
3,826
3,783
3,665
3,351
3,335
3,471
3,682
4,389
n.a.
3
4
8
6
6
6
7
6
8
13
n.a.
4,112
4,045
3,819
3,777
3,659
3,346
3,328
3,464
3,674
4,376
5,000
572
593
636
683
776
814
885
919
980
1,010
n.a.
14,746
16,959
17,359
20,662
27,823
29,224
34,236
39,133
41,699
46,119
55,200
88
3,427
59
2
57
16
104
87
10
160
83
6
165
97
6
178
98
2,987
5.049
3,451
2,592
3,408
2,311
3,168
4,921
3,954
5,029
5,504
3,745
206
661
61
117
425
53
2
1
1
*
*
1
*
*
1
3
2
2
205
661
60
116
424
52
153
545
72
346
1,638
113
153
545
71
343
1,636
111
August 1972
3
_______________ FE D E R A L FISCAL O PE R A TIO N S________________
Table FFO-2. - Budget Receipts by Principal Sources - (Continued)
(In millions of dollars)
Excise taxes
Social insurance taxes and contributions - (continued)
Contributions for other
insurances and retirement
Fiscal year
or month
1963.........
1964.........
1965.........
1966.........
1967.........
1968.........
1969.........
1970.........
1971.........
1972p.........
1973 (Est.)...
1971-June.....
Federal
Supple
mental
Medical
Insurance
647
698
903
936
1,253
1,339
n.a.
Federal
employees
retirement
Other
employees
retirement
932
993
1,065
1,111
1,201
1,334
1,426
1,735
1,916
2,'058
13
15
16
18
19
20
24
29
37
37
n.a.
n.a.
109
112
111
110
112
106
117
170r
3
July.....
Aug......
Sept.....
Oct......
Nov.... ..
Dec......
157
173
158
159
179
158
1972-Jan......
Feb......
Mar......
Apr......
May......
June p...
115
108
117
111
112
107
178
162
203
170
186
173
3
3
4
3
3
3
2
4
5
2
5
1
Airport and airway trust fund
Miscellaneous excise taxes
Net total
social
insurance
taxes and
contri
butions
Total
946
1,008
1,081
1,129
1,867
2,052
2,253
2,701
3*205
3,434
3,700
Excise taxes - (continued)
19,804
22,012
22,258
25,567
33,349
34,622
39,918
45,298
48,578
53,929
63,900
Gross
Refunds
Net
total
Gross
10,005
10,304
11,011
9,362
9,461
9,827
10,681
10,519
10,643
10,569
n.a.
89
93
99
217
183
127
96
167
,133
1,056
_
564
650
_
2
1
n.a.
9,915
10,211
10,911
9,145
9,278
9,700
10,585
10,352
10,510
9,513
n.a.
n.a.
n.a.
282r
272
287
273
275
288
278
3,767r
1,037
12
1,025
51
3,464
5,996
3,784
2,983
4,120
2,642
1,021
926
952
904
1,073
1,012
12
10
11
12
11
100
55
51
66
62
54
52
294
275
325
283
303
281
3,615
5,740
4,350
5,655
7,443
4,137
823
650
748
735
839
886
1,009
917
942
892
1,061
913
260
305
799
694
827
894
Estate and gift taxes
562
345
-51 1/
41
13
-8
Net
total
Net total
excise
taxes
Gross
Refunds
2,187
2,416
2,746
3,094
3,014
3,082
3,530
3,680
3^784
5,466
20
23
29
28
36
31
39
36
49
54
n.a.
Net
total
3,405
3,646
3,782
4,037
4,652
4,493
4,861
5,386
5,664
5,635
n.a.
126
127
123
120
212
114
224
32
123
313
n.a.
3,279
3,519
3,659
3,917
4,441
4,379
4,637
5,354
5,542
5,322
444
468
516
482
458
557
425
10
435
468
515
482
458
541
425
1,510
357
July.....
Aug......
Sept.....
Oct......
Nov......
Dec......
1,532
1,482
1,490
1,412
1,656
1,389
1972-Jan......
Feb......
Mar......
Apr..... .
May......
June p...
430
476
414
452
499
458
430
478
271
345
493
416
743
819
1,130
1,091
1,371
1,370
324
315
267
395
569
549
624
602
605
377
469
372
3
5
3
5
7
7
621
596
602
372
461
364
1963.........
1964.........
1965.........
1966.........
1967.........
1968.........
1969.........
1970.........
1971.........
1972p.... .....
1973 (Est.)...
1971-June.....
-
1
16
-
-3 2 ]
143 1/
107
6
41
n.a.
13,194
13,731
14,570
13,062
13,719
14,079
15,222
15,705
16^614
15,484
I6,300r
n.a.
Source:
Beginning fiscal 1967, actual figures are from the monthly
statement of receipts and expenditures of the Government. Data for
prior years were derived on basis of the unified budget concepts
adopted January 1968. Estimates have been tentatively revised in
the Mid-Session Review of the 1973 Budget released June 5, 1972.
1/
Includes $130 million cumulative adjustments for December 1971 to
Gross
Refunds
Gross
Refunds
55
50
66
62
54
52
_
52
35
60
51
51
59
*
*
_
¥■
-*
Net
total
Deposits of
earnings by
Federal
Reserve
banks
i
828
947
1,372
1,713
1,805
2,091
2,662
3,266
3,533
3,252
2,167
2,394
2,716
3,066
2,978
3,051
3,491
3,644
3,735
5,412
1,241
1,284
1,478
1,811
1,972
2,113
2,387
2,494
2,657
3,392
35
32
35
45
71
75
68
64
66
107
1,205
1,252
1,442
1,767
1,901
2,038
2,319
2,430
2,591
3,285
4,300
n.a.
n.a.
2,900
n.a.
5
352
5
4
4
4
3
3
319
311
263
391
566
545
253
232
247
369
346
355
339
268
230
276
223
246
261
2/
*
r
p
51
Miscellaneous receipts
Highway trust fimd
Fiscal year
or month
_
563
649
n.a.
•X
_
■*
_
_
*
*
52
36
60
51
52
60
Custom duties
Net
total
Refunds
All
other
Net total
miscel
laneous
receipts
194
138
222
162
303
400
247
158
325
372
n.a.
1,023
1,084
1,594
1,875
2,108
2,491
2,908
3,424
3,858
3,624
4,100
3
5
3
6
13
12
10
250
268
50
318
227
244
363
333
343
329
256
275
282
279
291
272
258
245
312
324
293
286
8
7
12
8
11
12
259
224
264
215
235
250
263
277
258
262
267
271
2
-30
30
45
2
14
81
70
5
80
209
-136
March 1972, P.L. 92-178, repeal of manufacturers excise tax on
passenger automobiles, light-duty trucks, etc.
Adjustment from estimated tax credits to actual,
Less than $500,000.
Revised.
n.a.
Not available.
Preliminary.
344
347
263
342
475
135
BUDGET RECEIPTS BY P R IN C IP A L SOURCES
Fiscal Years 1962-1972
$B j|— — -
$BjL
Total
200-
I
I
IIIIIIIIII II
150100-1
5 0 -1
1962
1964
1966
1968
1970
1972
-40
40 -
10—
—
10
-
0
Corporation Taxes
■
l
.
l
a
-
a
1962
-2 0
20—
15-
1964
1966
1968
1970
1972
-15
Other
10
-10
I I
I I I I I I I I I
5
1962
1964
1966
1968
1970
1972
-
0
0
1962
Source: Monthly Statement of Receipts and Expenditures of the U.S. Government. For actual amounts see preceeding Table FFO-2.
y Includes estate and gift taxes, customs duties, and miscellaneous receipts.
1964
1966
1968
1970
—
5
— O'.
1972
August 1972
5
___ FE D E R A L FISCAL O PERATIO N S_____
Table FFO-3. - Budget Outlays by Agencies
(In millions of dollars)
Fiscal year
or month
Legis
lative
Branch
The
Judi
ciary
Executive
Office
of the
President
Funds appropriated
to the President
Net
expendi
tures
1963...............
1964...............
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
1972 p.............
145
148
162
181
240
255
277
340
^84
437
61
64
73
76
86
91
109
128
142
173
23
23
24
26
28
28
31
36
47
56
3,201
3,694
3,872
4,357
4,851
4,898
4,971
4,785
4,551
4,255
1973 (Est.)........
500
200
100
n.a.
1971 June..........
July..........
Aug...........
Sept..........
Oct...........
Nov...........
Dec...........
38
15
5
575r
31
56
37
32
30
50
14
13
12
13
13
17
291
283
386
310
243
388
1972-Jan...........
Feb...........
Mar...........
Apr...........
May...........
June p........
44
50
36
33
37
53
13
14
15
15
17
16
4
5
5
4
4
3
5
5
7
2
4
8
319
276
386
292
257
824
Defense Department
Fiscal year
or month
Net
lending
_
17
29
21
15
-4
-10
-11
-6
n.a.
-1
-*
-1
-1
-1
-1
-1
-3
2
-1
-1
1
Agriculture Department
Total
Net
expendi
tures
3,201
3,694
3,889
4,385
4,872
4,913
4,967
4,774
A, 540
4,249
6,904
7,088
6,374
5,158
5,429
6,795
7,693
7,974
8,207
10",212
4,000
n.a.
Net
lending
Total
Net
expendi
tures
Net
lending
429
370
421
356
412
512
637
332
353
784
7,333
7,458
6,795
5,513
5,841
7,307
8,330
8,307
8,560
10,996
3,640
4,270
4,669
4,633
705
769
820
979
1,147
1,217
20
32
51
37
21
38
35
49
41
31
3,660
4,302
4,749
4,670
726
807
854
1,028
1,188
1,248
n.a.
11,100
n.a.
n*a.
1,400
13
2
6
2
4
1
4
3
2
*
2
5
-1
-98
364
266
2,163
1,328
781
1,243
866
865
-108
104
-101
163
228
254
151
170
315
-281
249
-359
2,054
1,432
680
1,406
1,094
1,120
153
81
84
90
108
91
86
1,040
636
354
97
440
641
115
96
115
101
104
143
574r
291
283
386
309
242
387
316
276
388
291
256
825
Commerce Department
889
467
39
379
191
1,000
Health, Education, and
Welfare Department
Housing and Urban
Development Department
Military
Net
Net
expendi
lending
tures
Total
48,140
49,573
45,969
54,167
67,453
77,373
77,870
77,150
74,546
74,964
n.a.
Net
expendi Net
lending
tures
Civil
1/
Net
expendi
tures
Net
lending
Total
1,103
1,130
1,211
1,278
1,310
1,300
1,268
1,211
1,376
1,530
20,247
21,692
22,727
27,897
34,320
40,672
46,499
52,227
61,800
71,728
2
3
5
62
287
-96
95
110
66
53
20,249
21,695
22,732
27,959
34,608
40,576
46,594
52,338
61 866
71,781
423
416
626
575
672
706
722
1,778
2,321
3,402
1,800
n.a.
n.a.
80,700
n.a.
-756
-133
39
2,281
2,105
3,434
807
825
569
254
n.a.
Total
Net
Net
expendi
lending
tures
-333
283
665
2,856
2,777
4,140
1,529
2,603
2,890
3,656
282
669
672
657
410
217
819
1,136
216
1,221
3,800
n.a.
17
16
22
4
21
18
18
1
9
14
n.a.
5
10
1
1
*
-8
-2
-1
*
-1
1973 (Est.)........
n.a.
n.a.
1971-June...... ....
7,600r
5,047
5,482
5,764
5,886
5,996
6,386
7,60Ir
5,047
5,482
5,764
5,886
5,996
6,386
190r
7,167
93
134
141
134
143
120
5,416
5,484
5,448
5,652
5,753
5,565
15
1
4
4
2
8
6
7,183
5,418
5,488
5,452
5,654
5,761
5,571
436
_•*
•*
*
*
_*•
*
361
291
212
212
211
310
-103
137
126
19
-21
4
31
334
498
417
231
191
215
340
91
108
125
131
113
87
48
3
1
1
1
1
*
5,967
6,108
6,872
6,507
6,871
8,079
-■*
-1
*
_•*
*
■X-
5,967
6,107
6,872
6,507
6,871
8,079
121
99
95
110
120
219
5,893
6,010
6,178
5,940
6,188
8,203
4
3
1
6
1
11
5,897
6,013
6,179
5,946
6,189
8,214
276
183
296
148
450
452
113
93
-19
-223
-1
-5
389
276
277
-75
449
447
81
124
82
112
82
128
*
■X
2
1
2
1
July..........
Aug...........
Sept..........
Oct...........
Nov...........
Dec...........
1972-Jan...........
Feb...........
Mar.........
Apr...........
May............
June p........
Footnot-es at end of table.
*
(Continued on following page)
166
82
91
92
112
92
90
117
98
115
104
110
143
Interior Department
48,135
49,563
45,968
54,166
67,453
77,381
77,872
77,150
74,546
74,965
1963...............
1964...............
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
1972 p.............
Total
3
Total
300
685
694
661
432
235
837
1,136
225
1,235
-1,500
94
111
126
133
114
88
48
81
124
83
113
84
129
Justice
Depart
ment
313
325
355
366
403
430
515
640
916
1,1^
1,400
96r
77
88
90
122
96
70
91
83
129
123
106
105
Treasury Bulletin
6
.FEDERAL FISCAL OPERATIONS,
Table FFO-3. - Budget Outlays by Agencies - (Continued)
(In millions of dollars)
Transportati on
Department 2/
Fiscal year
or month
Labor
Depart
ment
State
Depart
Net
ment
Net
expendi
lending
tures
Treasury Department
Net expenditures
Interest
on public
debt 2/
_
4,153
4,044
3,532
3,109
3,286 1/
3,272 1/
3,475
4,356
7,923
10,048
9,700
408
347
384
410
419
424
437
448
468
567
600
1971-June........
787
-5
826
5
1,708
July........
Aug.........
Sept........
Oct........
Nov........
Dec........
748
716
706
612
712
799
901
942
1,053
906
940
1,013
89
43
70
62
43
58
616
805
716
703
685
689
598
477
530
489
549
651
1
1
1
1
3
4
1
3
-1
-1
*
1,784
1,810
1,830
1,850
1,800
1,855
1963............
1964............
1965............
1966............
1967............
1968............
1969............
1970............
1971............
1972 p..........
1973 (Est.).....
1972-Jan.........
Feb........
Mar.........
Apr........
May.........
June p......
34
27
51
44
37
9
719
742
785
793
5,428
5,732
5,970
6,418
7, 215
7,508
8,200
9,895
10,666
11,346
12,014
13,391
14,573
16,588
19,304
20,959
21,849
23,100
-
_x
_x
33
17
n.a.
United
States
Postal
Service
Net
expendi Net
lending
tures
Other
4
Total
Net
lending
Total
-81
-69
-77
-37
88
-1
-2
415
X
-326
*
82
x
336
X
206
-X
32
289
7,500 ^ n.a.
9,745
10,552
11,433
12,427
13,064
14,655
16,924
19,510
20,991
22,138
n.a.
35
-x
-45
27
63
-287
131
-80
18
85
89
138
125
27
_x
_x
_x
_x
_x
_x
1,744
1,739
1,837
1,893
1,564
1,931
1,774
1,892
1,856
1,900
1,950
1,919
1,883
1,874
1,771
1,811
1,813
1,794
1,856
Veterans Administration
Fiscal year
or month
Atomic
Energy
Com
mission
_
-
_x
General Services Admin.
Environ
mental
Protection Net
Agency
expendi Net
Total
lending
tures
_
2,758
2,763
2,625
2,403
2,264
2,466
2,450
2,453
2,275
2,392
2,400
701
763
1,500
251
290
188
148
143
167
198
212
37
39
46
39
61
53
65
55
63
62
59
I84
-
183
202
210
201
211
330
328
359
293
-260
138
412
420
426
519
615
n.a.
-9
2
7
19
-6
1
5
20
-18
-18
n.a.
319
361
300
-242
131
413
425
446
501
597
100
88
-5
-X
-7
-2
-1
-1
-2
1
83
-7
72
56
46
65
58
-4
2
-1
-1
1
-2
44
36
73
42
42
70
74
57
47
67
57
48
34
75
43
41
72
Net
lending
Total
2,552
4,171
5,091
5,932
5,423
4,721
4,247
3,749
3,381
3,424
3,200
245
377
291
273
266
286
285
259
276
310
238
270
294
Total
Other independent agencies
Met
expendi
tures
National
Aero
nautics
and Space
Admin.
Undistributed
intra
budgetary
transactions _4/
Net
expendi
tures
Net
lending
Total
-145
545
1,249
3,832
5,053
6,030
1,476
2,128
1,107
1,105
n.a.
111,311
118,584
118,430
134,652
158,254
178,833
I84,548
196,588
211,425
231,619
250,000
Net expenditures
1963............
1964............
1965............
1966............
1967............
1968............
1969............
1970............
1971............
1972 p......... ;
770
578
805
888
1,141
1,080
920
1,510
2,183
1,659
5,646
5,531
5,620
5,746
6,355
6,711
7,416
8,448
9,879
11,040
-146
129
88
214
490
148
253
204
-124
-329
5,499
5,660
5,708
5,960
6,845
6,858
7,669
8,653
9,756
10,711
2,476
2,711
2,960
3,365
3,825
4,174
4,336
5,137
6,506
7,800
363
152
600
832
1,588
2,083
-366
599
189
306
2,839
2,864
3,559
4,197
5,413
6,257
3,970
5,736
6,696
1973 (Est.)......
1,400
n.a.
n.a.
11,800
n.a.
n.a.
8,900
1971-June........
July........
Aug.........
Sept........
Oct.........
Nov.........
Dec.........
1972-Jan.........
Feb.........
Mar.........
Apr.........
May.........
June p ......
54
-171
687
43 L
124 ly
112
-5
107
171
131
117
38
302
865
795
888
755
840
938
917
1,019
1,019
1,038
936
996
900
5
1
5
X
-10
-120
-24
1
-158
4
-10
-26
7
870
796
893
755
830
818
893
1,020
861
1,042
926
970
907
6,106
-2,644
-2,877
-3,109
3,364
-3,936
-4,499
-5,117
-6,380
-7,376
-7,8b4
n.a.
598r
-45r
553r
-2,28br
643
760
732
681
574
670
20
61
-13
-3
27
123
-240
-386
-246
-276
-343
-2,332
584
400
681
673
607
797
-23
61
23
-8
6
32
663
820
719
678
601
793
560
460
704
665
613
829
Source: See Table FFO-1.
Note: Net expenditures represent disbursements less proprietary receipts
from the public and certain intrabudgetary transactions applicable to
the expenditure account. Net lending represents loan disbursements
less loan repayments. If only one column is shown for an agency, the
amounts represent net expenditures, unless otherwise noted. Agency
shifts are shown in this table beginning with the period of such shifts
figures prior to the shifts have not been adjusted.
-277
-385
-293
-308
-371
-2,408
111,456
118,039
117,181
130,820
153,201
172,802
183,072
194,460
210,318
230;514
n.a.
19,726r
18,507
19,276
18,265
18,677
18,798
17,085
19,226
18,589
20,000
19,113
19,723
23,255
251r
19,976r
49
306
-69
115
149
399
18,556
19,582
18,196
18,791
18,947
17,484
243
175
327
-515
237
-310
19,469
18,764
20,327
18,598
19,960
22,945
_ Includes net lending.
2/ Figures prior to fiscal 1967 represent expenditures for the Federal
Aviation Agency.
2/ Reported on an annual basis.
i j For content see Table FF0-4.
* Less than $500,000.
r Revised.
n.a. Not Available,
p Preliminary.
August 1972
7
_____________ FEDERAL FISCAL OPERATIONS_____________
Table FFO-4. - Undistributed Intrabudgetary Transactions
(In millions of dollars)
Federal employer contributions to retirement funds
Fiscal year
or month
Health, Education,
and Welfare Dept.
Civil Service
Commission
Federal Old-Age,
Disability, and
Hospital Insurance
Civil Service
Retirement and
Disability Fund
242
279
282
353
475
510
611
1963...........
1964...........
1965...........
1966...........
1967...........
1968...........
1969...........
1970...........
Interest credited to certain Government accounts
Defense
Department
Other
Total
3
4
4
4
5
5
6
8
8
9
1,159
1,256
1,329
1,447
1,661
1,825
2,018
2,444
2.611
2,771
Soldiers 1
Home
Permanent
Fund
Health, Education, and Welfare Department
Federal Old-Age
and Survivors
Insurance
Trust Fund
Federal
Disability
Insurance
Trust Fund
Federal
Hospital
Insurance
Trust Fund
n.a.
70
68
65
59
64
83
140
221
324
388
n.a.
7
46
61
94
138
183
190
n.a.
1972p..........
727
742
914
973
1,042
1,090
1,181
1,310
1,401
1,709
1.876
2,020
1973 (Est.).....
n.a.
n.a.
1971-June.......
64
62
60
60
49
49
48
164r
148
173
157
158
177
156
1
229r
1
684
157
90
July.......
Aug........
Sept.......
Oct........
Nov........
Dec........
1
1
1
1
1
1
211
234
218
207
226
204
_
11
43
11
34
33
718
1
7
1
2
3
175
2
3
1
2
2
87
1972-Jan........
Feb........
Mar........
Apr........
May........
June p .....
70
71
69
69
69
66
178
162
198
163
181
170
1
1
1
1
1
■X-
249
234
268
232
251
236
10
40
8
34
35
742
1
7
1
4
3
183
2
3
1
5
1
82
128
2,900
n.a.
3
3
3
3
3
3
3
3
3
3
n.a.
511
538
582
587
721
894
1,009
1,346
1,617
1,718
_
-
1
1
_
1
_
-
1
Federal
Supplementary
Medical
Insurance
Trust Fund
_
_
_
_
_
15
21
23
12
17
29
n.a.
7
*1
1
1
1
10
*
1
1
2
1
11
Interest credited to certain Government accounts - (Continued)
Fiscal y'ear
or month
Interior
Department
Indian
Tribal
Funds
1963...........
1964...........
1965...........
1966...........
1967...........
1968...........
1969...........
1970...........
Labor
Department
Unemployment
Trust Fund
Transportation
Department
Highway
Trust Fund
1973 (Est.).....
8
7
8
10
9
7
5
15
10
10
n.a.
191
213
255
309
380
439
517
601
637
496
n.a.
14
20
11
8
14
34
53
115
184
206
n.a.
1971-june.......
*
227
*
2
*•
-*
*
2
•*
1
1
2
•*
2
4
26
5
16
31
178
94
1
4
5
7
11
70
1
1
2
1
2
100
1972p..........
July.......
Aug........
Sept.......
Oct........
Nov........
Dec........
1972-Jan........
Feb........
Mar........
Apr........ .
May.........
June p .....
Source:
See Table FFO-2.
*
Less than $500,000.
r Revised.
n.a. Not Available,
p
Preliminary.
4
28
8
18
34
144
Veterans Administration
National
Government
Service
Life
Life
Insurance
Insurance
Fund
Fund
35
34
34
33
30
32
32
31
31
32
n.a.
15
*•
*
*
**
16
*
X-
*
■*
-*
15
Civil Service
Commission
Railroad
Civil Service Retirement
Retirement and Board
Disability
Fund
175
176
182
191
198
211
225
245
271
292
n.a.
362
420
482
546
622
706
805
987
1,232
1,464
n.a.
114
140
155
161
170
181
191
215
251
261
n.a.
125
556
3
6
*
1
*
135
5
48
3
2
28
629
5
50
1
6
36
652
3
7
■*
1
*
137
Other
Total
Grand
Total
2
2
; 2
2
2
2
3
5
4
4
n.a.
1,485
1,621
1,780
1,917
2,275
2,674
3,099
3,936
4,765
5,094
5,700
100
2
2,058
2,286r
2
14
1
2
7
106
2
13
1
3
8
103
1
-1
*
*
*
1
•*
*
■*
*
*
1
29
152
28
68
116
2,128
28
152
25
76
120
2,172
240
386
246
276
343
2,332
277
385
293
308
371
2,408
2,644
2,877
3,109
3,364
3,936
4,499
5,117
6,380
7,376
7,864
8,600
00
Table FFO-5. - Budget Outlays by Major Function
(In millions of dollars)
FI 1971
Function
National defense
Expenditures................ ......
Proprietary receipts from the public...
Intrabudgetary transactions.........
June
Fiscal year 1972
July
Aug.
Sept.
Oct.
Nov:
Dec.
Jan.
Feb.
Mar.
Comparable
Cumulative- period
FY 1971
to date
Apr.
May
June p
9,031
-133
1
8,899
-*
79,537
-1,384
_*
78,883
-1,213
___ -.6 ..
78,152
-2
77,663
-1
5,354
-164
-2
5,749
-154
-*
6,044
-64
_*
6,194
-88
*
6,267
-92
-•*
6,821
-108
-*
6,288
-125
-2
6,453
-119
-1
7,234
-77
1
6,882
-143
-1
Net expenditures...................
Net lending.......................
8 ,230r
-91r
_*r
8,139r
_*r
5,188
_*
5,595
*
5,979
*
6,106
*
6,175
_*
6,713
*
6,161
6,334
-1
7,158
-1
6,739
-1
7,226
-117
-2
7,107
•*
Total national defense..............
8,139r
5,187
5,595
5,979
6,106
6,175
6,713
6,161
6,333
7,158
6,738
7,107
8,899
78,150
77,663
International affairs and finance
Expenditure s......................
Proprietary receipts from the public...
Intrabudgetary transactions.........
117r
-53
310
-2
_*
286
*
274
-93
_*
363
-17
309
-2
381
-23
277
-12
278
-10
_*
398
-44
3,888
-277
-*•
3,210
-277
_*
64r
-92
308
31
318
-23
-*
296
8
317
-13
_*
Net expenditures...................
303
181
181
347
347
307
307
358
3
361
268
268
354
4
358
2,933
-49
339
286
286
3,610
49
-28r
303
303
265
-
Total international affairs and finance
376
-39
337
4
340
3,659
2,884
265
SDace research and technology
Expenditures......................
Proprietary receipts from the public...
246
-1
377
295
-4
273
_•*
266
-*
288
-1
285
260
-2
278
-1
311
-1
238
271
-1
296
-1
3,437
-13
Total space research and technology....
245
377
291
273
266
286
285
259
276
310
238
270
294
3,424
-245r
-4
1,892
968
-5
468
971
129
-1
-279
-20
-122
_*
555
-7
85
_*
696
-3
-2^ r
364
115r
1,892
-108
963
104
467
-101
971
163
572
-4
568
228
598
_■*
548
151
129
170
-299
315
85
-281
1,067
366
1,134
795
699
298
16
-196
-123
249
126
693
-359
1,784
598
254
852
6,533
-41
6,492
784
7,276
Natural resources
Expenditures......................
Proprietary receipts from the public...
Intrabudgetary transactions.........
742r
-185
363
-73
523
-90
419
-75
391
-82
410
-108
412
-141
364
-101
348
-110
375
-110
385
-121
747
-232
_*
_*
346
-91
_*
*
-*
5,081
-1,335
-3
Net expenditures...................
Net lending.......................
557r
2
290
3
432
1
343
1
308
1
302
1
270
1
263
1
237
_•*
264
1
264
2
Total natural resources.............
559r
293
433
344
309
303
271
264
237
265
255
1
255
514
1
515
3,743
11
3,754
Commerce and transportation
Expenditures......................
Proprietary receipts from the public...
Intrabudgetary transactions.........
l,095r
llr
-21r
570
-15
-1
1,654
-11
1,186
-11
-262
841
-11
-1
643
-10
-1
1,113
-11
-250
804
-9
-2
11,956
-153
-929
554
18
632
-12
1,205
6
10,875
180
572
1,030
923
813
619
853
23
876
793
l,l62r
816
59
875
829
-15
Total commerce and transportation....
1,643
39
1,681
710
-10
-4
696
17
1,292
-12
-75
l,086r
77r
906
-10
-3
892
31
855
-33
-7
Net expenditures...................
Net lending............ ...........
1,381
-9
-324
1,048
-18
Agriculture and rural development
Expenditures......................
Proprietary receipts from the public...
Net expenditures...................
Net lending.......................
Total agriculture and rural development
-*
913
34
947
1
1
335
_*
265
;
Proprietary receipts from the public...
>
t-1
3,392
-1 1
H—I
3.381 , CO
o
>
5,001
-42 1 O
4,959
353
5,312 . >
l-H
o
4,667
2
-1,958
CO
-1 ,
2,708
5 .
2,713
11,779
-120
-721
10,938
.....3 45..,
793
713
1,211
11,055
11,283
........ H
Community development and housing
532r
414
291
-•*
271
287
256
376
_•*
332
164
361
233
499
530
_*
_•*
-•*
-*
4,013
_*
_■*
_•*
499
-9
490
530
-11
4,013
217
2,985
397 ,
519
4,230
3,382
Net expenditures...................
532r
-141
414
132
291
118
271
20
287
-15
256
5
376
26
332
102
164
90
361
-19
233
-223
Total community development and housing
390r
545
409
292
272
261
402
434
254
342
9
(Continued on following page)
H
d
H
3,038
-53
I
I
§3
I
Table FFO-5. - Budget Outlays by Major Function - (Continued)
VO
(In millions of dollars)
FY 1971
July
June
k!
Fiscal year 1972
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June p
Comparable
Cumulative period
FY 1971
to date
Education and manpower
1,166
-2
677
-1
662
-1
916
-1
506
-1
851
Proprietary receipts from the public....
714
-1
806
-1
904
-1
931
-1
729
-1
1,032
-2
1,423
-2
10,153
-11
8,527
-11
Net lending...................... .
1,165
27
676
7
661
11
915
9
851
2
713
8
805
7
728
*
1,031
3
1,422
9
10,142
58
8,515
135
1,191
684
673
924
853
722
813
904
4
908
930
2
Total education and manpower........
505
-5
501
932
728
1,033
1,431
10,200
8,650
1,523
-*
-114
1,249
-1
-104
1,478
1,423
2,463
1,478
1,635
-119
1,358
1,545
-■*
-Hi
1,580
_*
-112
946
-1
-115
2,258
-1
-104
18,890
-4
-1,917
1,468
831
1
16,970
12
16,982
16,584
-3
-2,119
14,462
2
Health
Expenditure s.........................
Proprietary receipts from the public....
Intrabudgetary transactions............
l,595r
*
-97
1,313
-114
-112
-687
Net expenditures........... ..........
Net lending.........................
1,499r
2
1,202
1,409
*
1,145
1,364
_•*
1,311
5
1,776
-
1,501r
1,202
1,409
1,145
1,364
1,316
1,776
6,715
4,990
5,000
_*
-23
4,977
5,024
5,135
_*
5,126
Income security
Expenditures.........................
Proprietary receipts from the public....
Intrabudgetary transactions............
-111
--X
-1
5,207
5,449
5,505
5,623
6,224
7,309
66,413
_*
-538
_*
5,823r
_*■
-233r
-142
-811
6,082
_*■
6,497
*
-1,904
64,508
3
64,511
5,449
*
5,504
*
5,590
*■
4,976
5,024
5,135
5,126
4,669
5,449
5,505
5,591
5,468
6,082
6,497
933
-41
798
-40
880
-36
985
-43
959
-39
1,066
-44
1,063
-41
1,082
-41
978
-40
1,038
-39
944
-40
-*
_*
11,568
-489
-2
892
5
758
843
-10
942
-120
798
896
758*
833
821
1,798
-26
-121
1,822
-12
-142
1,843
-21
-22
1,826
-14
-2
1,651
1,668
1,800
1,876
-25
-434
1,418
556
-13
-10
352
-15
-10
533
-3
530
Veterans benefits and services
Expenditures............ ...............
Proprietary receipts from the public......
Intrabudgetary transactions............
909r
-41
840
-43
-*
_*
Net expenditures............. .......
Net lending.........................
868r
5
797
1
Total veterans benefits and services....
873r
1,724
-53r
-57
l,615r
Net expenditures.....................
Net lending.........................
404r
8
833
-8
-446
380
-7
Total general government..............
412r
373
Net budget outlays......................
832
4,668
*
4,989
929
973
911
10,748
9,787
1,884
-26
-121
1,780
-13
-53
1,825
-18
-7
1,822
-20
-10
1,808
-18
-6
1,835
-48
-58
21,942
-330
-1,006
21,096
-336
-1,152
1,737
1,714
1,801
1,792
1,784
1,728
20,607
19,608
423
-15
-9
403
5
-14
346
-11
-17
462
-46
-11
411
-13
-10
1,219
-12
-737
6,195
-136
-1,292
334
-2
399
74
318
82
388
1
470
26
4,766
122
333
473
400
405
-3
401
4,960
-136
-894
3,930
41
396
394
-4
390
423
6
-9
420
-1
419
3b9
495
4,888
3,971
-276
-343
-2,332
-277
-385
-293
-308
-371
-2,408
-7,864
-7,376
18,764
20,327
18,598
19,960
231,619
211,425
368
-24
-10
327
-40
395
11
-9
398
-1
287
-246
19,976r
Source: On basis of monthly statement of receipts and expenditures of the Government.
> Less than $500,000.
r Revised.
p Preliminary.
55,704
864
1,811
18,196
CD
11,077
-329
1,821
-90
-29
1,702
-386
55,702
2
904
7
1,023
19,582
£
999
-26
1,022
-158
-240
56,833
-1
-1,130
938
-10
_*
1,022
1
18,556
d
M
1,041
4
1,045
_*
18,791
18,947
17,484
19,469
_*
_■*
_*
22,945
*4
14,464
10,395
-481
-3
9,910
-124
-*•
920
-24
896
*
2,286r
-
1,468
5,126
*
6,085r
Undistributed intrabudgetary transactions...
1,521
•X-
Total income security........... .
722r
-29
-290
1,433
5,135
4,989
*
General.government.
Expenditures.........................
Proprietary receipts from the public......
1,358
2,153
7
2,160
5,023
1
Net expenditures.............. .
Net lending.........................
Total interest.............. ........
-114
1,521
-155
5,468
*
-629
6,085r
-1
Interest
Expenditures.... ......... ...... ...
Proprietary receipts from the public....
Intrabudgetary transactions............
-•*
1,433
HH
O
>
tr1
O
►d
H
W
5
HH
o
2
C/2
10
Treasury Bulletin
.FEDERAL FISCAL OPERATIONS.
Table FFO-6. - Investment Transactions o f Government Accounts in Federal Securities (Net)
. (In millions of.dollars)
Health, Education, and Welfare Department
Federal
Old-Age and
Survivors
Insurance
Trust Fund
Federal
Disability
Insurance
Trust Fund
-822
692
458
-858
3,741
1,584
2,898
3,953
1,274
1,827
n.a.
-129
-137
-263
-413
296
591
1,121
1,342
1,261
934
n.a.
-879
-642
1,190
-339
-866
-47
30
106
53
-16
July..,
Aug-Sept...
Oct__
Nov
Dec
-27
180
19
-80
12
129
-131
126
-54
-182
-104
312
18
54
6
37
36
-2
1972-Ja___ n
Feb...
Mar...
Apr...
May...
June p,
-459
1,033
-7
531
1,613
-208
-51
116
112
80
154
290
-119
33
-59
-165
71
125
38
1
-23
-11
19
47
Fiscal year
or month
.
196 3
196 4
.
196 5
.
196 6
.
196 7
196 8
.
196 9
197 0
197 1
1972p".T .W..
1973 (Est.).
1971-June..,
Fiscal year
or month
Trans
portation
Department Treasury
Department
Highway
Trust Fund
Federal
Hospital
Insurance
Trust Fund
786
497
87
590
693
377
-146
n.a.
Other
Federal
Housing
Adminis
tration
479
-197
77
-345
244
221
n.a.
National
Service
Life In
surance
Fund
Partici
pation
Sales
Fund
Other
100
-256
-161
-19
-9
-7
25
50
62
470
465
-369
197
-202
-6
Federal
Insurance
Adminis
tration
3
-3
32
28
14
1
Other
24
-17
14
-8
-10
-3
2
5
Unemploy
ment Trust
Fund
Other
453
582
967
1,468
1,156
1,146
938
488
-1,747
-1,428
n.a.
10
-37
-301
19
39
-2
29
56
45
43
-404
302
-423
-347
-15
-221
20
-2
41
_*
Other
-2
-496
32
59
39
74
-89
-1
1
-1
-1
-519
-136
-493
-342
1,313
-143
-1
-1
-1
Other independent agencies
Civil
Service
Commission
1963..........
1964..........
1965..........
1966..........
1967..........
1968..........
1969..........
1970..........
1972--1972p.........
242
-69
-344
-28
484
257
534
1,089
1,033
822
83
165
-59
388
723
-589
-747
-5
1,380
1,201
_
1,370
-90
69
126
204
-109
224
5
86
83
62
-12
-24
6
40
-70
122
29
14
20
29
1973 (Est.)....
n.a.
n.a.
n.a.
n.a.
n.a.
1,143
1,189
1,249
1,121
1,078
873
1,975
1,960
2,932
3,123
n.a.
1971-June......
54
65
-53
43
-33
•*
96
311
165
966
*
-2
8
-4
-
98
16
July......
Aug.......
Sept......
Oct.......
Nov.......
Dec.......
2,542
-433
-134
-61
-1
117
n972-Jan.......
Feb.......
Mar.......
Apr.......
May.......
June p....
9
272
4
84
106
227
3
6
66
15
-7
-18
-231
168
-236
-83
-53
-225
1
-5
-9
-11
-8
124
-10
-103
-59
2
3
138
1
-2
8
-2
-3
27
1
-8
-10
-1
-1
18
Source: See Table FF0-2.
Note: Revised estimates were not available for this table.
* Less than $500,000.
Government National
Mortgage Assn.
36
138
-194
-129
45
135
165
131
128
109
Veterans
Administration
United
States
Postal
Service
Labor Department
Housing and Urban Development Department
Federal
Supple
mentary
Medical
Insurance
Trust Fund
Federal
Deposit
Insurance
Corpora
tion
Federal
National
Savings
Credit
and Loan
Union
Insurance
Adminis
Corporation tration
161
183
180
227
238
258
313
328
180
438
269
244
208
204
212
265
283
173
196
148
n.a.
n.a.
928
*
539
99
33
-13
112
674
35
68
74
-24
152
1,375
*
71
3
1
51
I
61
215
-5
4
43
-6
4
-1
45
4
-5
14
3
4
44
4
6
25
4
p
n.a.
Preliminary
Not Available
Railroad
Retire
ment
"Board
All
Other
Total
1
69
149
154
173
135
59
268
-9
-110
n.a.
-5
-7
*
32
51
-21
-204
237
-151
16
n.a.
1,428
2,864
2,330
3,244
9,035
5,320
8,522
10,062
7,417
8,420
*
676
14
1,042
*•
1
_*
-1
*
-1
-142
-117
-68
-171
-17
24
-171
-10
-58
-160
-15
795
3
-10
-4
1
4
1
1,983
2,459
-825
-1,691
87
1,313
-1,877
1,736
-586
-24
3,498
2,347
_
6
10
n.a.
4
5
1
_•*
*
■*
4
-1
1
1
2
15
n.a.
I
Table FFO-7. - Trust Funds Transactions July 1, 1971 through June 30, 1972p
(In millions of dollars)
Outlays
Receipts
VO
Intragovernmental transactions
T .
unit “16Q
budget
outlays
attrib
utable
to
trust
fund s'
TTv'i
Classification
Trust
interfund
Total in and pro Receipts
prietary of trust
trust
receipts funds
funds
Intra
govern
mental
trans
actions
2 /
1 /
Unified
budget
receipts
attrib
utable
to trust
funds
y
Total m
trust
funds
Trust
interfund
trans
actions
Propri
etary
receipts
from the
public
Outlays
of trust
funds
Federal
payments
and con
tribu
tions
Interest
and pro
Federal
fits on
employer
invest
contri
ments in
butions
Federal
securities
(16)
2,785
32,340
2,789
-
516
3,769
1,006
190
-
826
5,449
-244
29
-
1,394
1,149
190
-
4,658
-858
2,953
-172
172
38,638
724
37,913
2,785
35,129
35,849
724
*
35,124
488
579
1,718
Federal Disability Insurance.....
5,316
24
5,291
516
4,775
4,309
24
*
4,285
50
78
388
Federal Hospital Insurance.......
6,032
*
6,032
826
5,205
6,276
-
*•
6,276
551
85
Federal Supplementary Medical
Insurance...................
2,734
*
2,734
1,394
1,339
2,543
-
*
2,543
1,365
Federal Employees Retirement.....
6,756
4
6,752
4,658
2,094
3,803
4
-
3,799
1,161
-
-172
W
(5)
j
(7)
(6 )
(9)
(8 )
(1 0 )
-
Other
Excess of
receipts or
outlays ( - )
(15)
(2)
(3)
(11)
(12)
(l)
Federal Old-Age and Survivors
Insurance................. .
Total
A/
(13)
(U )
t
2,029
1,468
t
t
►
Federal Employees Life and
Health Benefits..............
Federal Deposit Insurance
Corporation..................
Airport and Airway.............
Indian Tribal Funds.............
Military Assistance Advances.....
-
-
-
-
-
-172
-
-
-
-
-
-
|
$
>
-
-
-
-
-
-437
-
-
-437
-
-
-
-
-437
437
902
-902
1,551
;
4,446
877
(
;
t
j
-
|
/
1,551
-
1,551
902
649
-
5,322
4,651
-
137
5,528
-
5,528
206
110
91
19
19
1,097
1,097
-
-
-
-
-
-
-
-
902
-
-
4,651
-
-
206
-
206
-
91
46
9
-
10
-
19
26
.26
-87
-
I
1,184
-
1,097
87
-
-
-
-
-
87
-
2,127
21
-
261
-
282
1,845
-835
-
6,926
-
-
496
-
496
6,430
-2,054
326
-12
12
Railroad Retirement.............
1,304
12
1,292
282
1,010
2,139
12
Unemployment...................
4,872
-
4,872
496
4,376
6,926
-
Veterans Life Insurance.........
813
487
326
326
-
801
-
487
315
-
-
324
2
All other trust................
800
164
635
611
25
1,631
-
164
1,467
19
-
4
588
611
856
-832
Total.....................
75,549
2,603
72,947
13,022
59,925
69,639
764
1,839
67,037
3,664
2,771
5,094
1,493
13,022
54,015
5,910
Source: Based on monthly statement of receipts and expenditures of the Government.
Note* The memorandum section of various tables m 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 excluded in calculating trust fund
receipts and outlays. The Intragovernmental transactions are payments from Federal funds to trust
funds, and vice-versa, but excludes trust fund payments of $104 million to Federal funds.
1/ For content see columns (7) and (8).
2/ For content see columns (10-13).
Includes net taxes and other receipts, mainly deposits by States and Federal employee retire
ment contributions.
4/ Excludes trust fund payments to Federal funds, such as charges for administrative expenses of
Social Security Act.
* Less than $500,000.
p Preliminary.
2/
I
(
j
Treasury Bulletin
12
.FEDERAL OBLIGATIONS,
"Obligations” are the basis on which the use of funds
controlled in the Federal Government.
point
at which the
ls
They are recorded at the
Government makes a
firm commitment to
of categories which are based upon the nature of the trans
action without regard to its ultimate purpose.
All payments
for salaries and wages, for example, are reported as personnel
acquire goods or services and are the first of the four key
compensation, whether the personal services are used in current
events— order, delivery, payment, consumption— which charac
operations or in the construction of capital items.
terize the acquisition and use of resources. In general, they
Federal agencies and firms
often do business with one
consist of orders placed, contracts awarded, services received,
another; in doing so, the"buying" agency records obligations,
and similar transactions requiring the disbursement of money.
and
The obligational stage of Government transactions is a
strategic point in
gauging the impact of
the Government's
operations on the national economy, since it frequently repre
sents for
business firms the
Government commitment
which
the "performing"
agency records
reimbursements.
In
Table FO-1, obligations that are incurred within the Govern
ment are distinguished from those incurred outside the Govern
ment.
Tables F0-2, 3, and 4 show only those incurred outside.
Obligation
data for
the administrative
budget
fund
stimulates business investment, including inventory purchases
accounts were first published in the September 1967 Treasury
and employment of labor.
Bulletin and
Disbursements
months after the Government
itself
usually causes
may
not occur for
places its order but the order
immediate pressure
on the
private
economy.
Obligations are classified
the trust fund accounts were
in the October 1967 Bulletin.
Bulletin, the data are on
the basis of the budget concepts
adopted pursuant to the recommendations
according to a uniform set
Commission on Budget Concepts.
Due to non-receipt of repents from several
large agencies, the June data aze not
included in this issue,They will be
published in the September Bulletin.
first published
Beginning with the April 1968
of the President's
13
August 1972
A C C O U N T OF T H E T R E A S U R E R OF T H E U N ITE D S T A T E S .
S o u rce and A v a ila b ility o f the B alance in the T re a su re r’ s A ccou n t
The working cash of the Treasury is held mainly in
Treasury, banks are permitted to deposit in these accounts
Treasurer’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
ments and funds for the purchase of Government securities.
economy.
In this way the Treasury is able to neutralize the
A detailed description of the Treasury’s depositary system
In most cases the transaction involves merely the transfer of
money from a customer’s 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 1955, pages 275-284.
On occasions, to the extent authorized by the
T able TUS-1. - Status o f the Account o f the Treasurer o f the United States
(in millions of dollars)
Funds in process
of collection
through:
Treasury operating balance l/
Available funds in
demand accounts at:
End of
fiscal year
or month
Federal
Reserve
Banks
Special
depositaries,
Treasury Tax
and Loan
Accounts
Other
deposi
taries 2/
_
Total
Federal
Reserve
Banks
Other
deposi
taries 2/
342
234
233
370
577
352
393
355
419
252
_
-
179
-
10,324
9,180
10,689
10,050
4,272
4,113
4,525
6,929
7,372
7,634
139
11,251
10,238
11,469
10,917
5,695
5,298
5,894
8,045
8,755
10,117
1970-Dec...........
806
939
672
766
1,3H
1,074
1,258
1,005
1,274
2,344
1,156
6,834
-
8,099
241
1971-July .........
Aug...........
Sept..........
Oct...........
Nov...........
Dec...........
1,115
987
2,102
1,876
1,996
2,020
7,196
9,508
9,978
6,655
4,331
11,306
1972-Jan...........
Feb...........
Mar...........
Apr...........
May...........
June..........
2,860
884
1,293
1,871
2,144
2,344
2,298
5,968
8,408
7,763
4,667
2,223
9,173
8,118
6,075
6,391
9,724
7,420
7,634
6,547
11,112
7,094
7,685
11,732
9,700
10,117
253
250
307
296
232
244
347
290
272
733
243
252
8,988
246
1963...............
1964...............
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
1972...............
July..........
-
_
_
-
_
-
-
_
135
135
2
136
136
139
144
Source: Daily Treasury statement.
l/ Effective January 1972, the Treasury operating balance excludes the
gold balance m 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.
-
-
137
71
106
283
99
179
67
2/
Time deposits
and other
depositary
accounts
Coin,
currency,
and coinage
metal
Miscel
laneous
items
Gold
balance
V
Balance in
account of
Treasurer
of the
United
States
313
360
320
252
266
190
158
218
187
54
92
136
145
534
775
1,159
768
553
277
441
471
74
58
55
93
62
86
104
121
108
129
120
120
108
102
112
111
112
111
109
107
12,116
11,036
12,610
12,407
7,759
6,694
7,104
9,016
9,911
11,310
243
93
109
8,769
221
194
305
215
209
229
68
65
51
63
39
54
66
455
447
437
466
427
424
462
469
510
497
475
471
67
70
72
80
101
126
133
113
113
113
113
113
8,193
10,469
11,099
7,714
5,301
12,329
64
53
107
123
46
129
45
113
113
113
113
107
107
107
12,303
8,153
8,844
13,543
10,708
11,310
9,967
449
Represents funds in process of collection by (a) the Treasurer, U. S.
and (b) commercial banks which have been authorized to defer credit
until checks are collected. Data prior to January 1972 included m
Miscellaneous items column.
4/ The free gold balance can be readily converted to available funds with
Federal Reserve banks.
Treasury Bulletin
14
.A C C O U N T OF TH E T R E A S U R E R OF T H E U N IT E D ST A T E S ..
T able TUS-2. - Analysis of Changes in Tax and Loan Account Balances
(In millions of doJlars)
Credits
Balance
Proceeds from sales of securities 1/
Fiscal year
or month
1963...
1964-...
196 5
2,699
196 6
196 7
9
0
1
2
Retire
ment
plan and
tax and
loss
bonds 2/
Tax
antici
pation
securities
2,963
2,760
196 8
196
197
197
197
Savings
bonds
and
savings
notes 2/
.
2,635
2,704
2,783
2,673
2,599
2,573
2,844
3,309
2,340
7,368
7,643
9,538
10,408
13,043
6,954
6,443
268
264
238
1,731
-1971-July,
Aug.,
Sept,
Oct.,
Nov..
Dec.,
247
257
1972-Jan.,
Feb.
Mar.
Apr.,
May.,
June
314
310
320
315
309
235
July,
Other
Withheld,
excise,
and cor
poration iy
3,830
2,014
1,627
1,173
9,576
5,417
3,640
12,421
9,369
1
1,220
1,218
232
During period
Taxes
1,947
4,711
1,522
1,722
1,740
264
Source: Office of Fiscal Assistant Secretary; figures are on basis of
telegraphic reports.
1/ 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.
2/ 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;
y
tax and loss bonds first issued in March 1968.
Taxes eligible for credit consist of those deposited by taxpayers in
u
41,267
43,580
42,475
48,478
70,524
90,791
123,906
132,460
131,121
145,797
9,991
10.475
12,112
9,131
9,902
13,605
10,160
11,394
15,391
14,002
12.475
17,160
11.476
Income (by
special
arrange
ment ) %/
6,835
9,921
12,598
14,522
9,257
Total
credits
With
drawals
End of
period
High
10 ,324
57,595
58,'277
60,050
74,699
91,382
112,583
142,333
151,721
153,346
164,920
56,085
59,421
58,540
75,338
97,160
112,741
141,921
149,317
152,900
164,645
11,991
11,957
13,570
11,311
10,149
18,575
10,474
11,700
17,234
16,038
14,526
17,395
13,395
9,518
14,216
14,403
12,593
11,622
11,522
13,745
16,917
12,704
16,825
17,184
7,763
4,667
2,223
9,173
8,118
6,075
6,391
9,724
7,420
7,634
11,740
12,831
6,547
9,180
10 , 689
10,050
4,272
4,113
4, 525
6 ,929
7,372
7 634
5,968
8,408
Average
10,324
10,257
10,872
11,274
9,979
8,004
9,720
7,990
8,532
10,251
2,535
1,577
1,844
447
710
1,029
709
894
846
1,737
6,625
8,508
7,907
6,803
4,159
10,242
4,907
2,454
,325
,747
,431
,324
,775
A91
,329
,022
146
2,372
1,765
1,737
5,869
5,618
6,043
4,205
2,737
5,312
9,724
10,251
7,638
4,489
3,048
4,146
3,617
7,420
2,271
6,145
5,667
6,256
5,851
9,169
4,908
7,273
3,214
5,653
8,175
7,562
8,318
4,122
the depositary banks, as follows: Withheld income taxes beginning
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 ifumber 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 taxes beginning April 1970.
5/ 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.
Less than $500,000.
August 1972
15
___________________________A C C O U N T OF TH E T R E A S U R E R OF T H E U N ITE D S T A T E S _________________________
T able TUS-3. - Summary of Cash Transactions through the A ccount
o f the T re a su re r o f the U n ited States
(In millions of dollars)
Net cash transactions other than borrowing
Deposits and withdrawals (budget
and other accounts)
Fiscal year
or month
Cash
deposits
Cash with
drawals 1/
Excess of deposits,
or withdrawals (-)
Clearing
accounts
2/
Total net
transactions
Plus: Net cash borrow
ing, or repayment of
borrowing (-)
Equals: Treasurer's
account balance, in
crease, or decrease (-)
1963...................
1964...................
1965...................
1966...................
1967...................
1968...................
1969...................
1970...................
1971...................
1972...................
114,454
121,562
125,464
141,095
163,036
165,086
201,735
209,924
205,961
228,285
118,477
124,047
126,395
142,191
164,591
I84,581
201,491
223,648
229,353
244,880
-4,023
-2,485
-931
-1,095
-1,555
-19,495
243
-13,723
-23,393
-16,594
1,039
-1,491
-584
-1,075
654
-2,095
-1,928
1,556
1,822
-5,632
-2,984
-3,975
-1,515
-2,171
-901
-21,590
-1,684
-12,167
-21,571
-22,226
4,670
2,895
3,089
1,968
-3,747
20,525
2,094
14,079
22,466
23,625
1,686
-1,080
1,575
-203
-4,648
-1,065
409
1,912
895
1,399
1971-July...............
Aug................
Sept...............
Oct................
Nov...............
Dec...............
14,866
17,567
20,660
14,308
15,307
20,014
19,566
22,985
19,874
17,160
22,171
19,088
-4,700
-5,418
786
-2,852
-6,864
926
-1,618
397
993
-2,499
1,809
-2,288
-6,318
-5,021
1,779
-5,351
-5,055
-1,362
4,600
7,297
-1,149
1,966
2,642
8,390
-1,718
2,276
630
-3,385
-2,413
7,028
1972-Jan................
Feb...............
Mar...............
Apr...............
May...............
June...............
July...............
19,711
16,940
18,038
24,178
20,115
26,583
21,378
22,741
18,978
17,622
22,213
21,103
21,801
-1,668
-5,801
-941
6,556
-2,098
5,480
1,184
1,370
-2,174
109
-494
-2,421
*
-484
-4,431
-3,115
6,665
-2,592
3,059
458
282
3,806
-1,966
-244
-2,457
-26
-4,150
691
4,700
-2,836
602
-5,391
4,049
-1,342
16,410
-5,391
Source:
Daily Treasury statement. Figures in the first four columns may
1/ Beginning with the February 1963 Bulletin, figures have been revised,
differ somewhat from those originally published in the daily Treasury
as shown in the daily Treasury statements beginning January 2, 1963,
statement because of subsequent reclassification of certain transto exclude transactions of clearing accounts,
actions.
2/ Previously included under cash withdrawals. See footnote 1.
Table TUS-4. - Gold Assets and L iabilities o f the Treasury
________ _______________ (in millions of dollars)__________________________
End of calendar year or month
196
196
196
196
196
196
196
197
Gold assets 1/
Liabilities:
Gold certificates,
etc. 2/
Balance of gold in
Treasurer's account
120
15,513
15,388
13,733 2 /
13,159
11,982
10.367
10.367
10,732
10,132
15,393
15,231
13,626
13,041
11,870
10.256
10.256
10,623
10,019
10,332
10,132
10,132
10,132
10,132
10,132
10,219
10.019
10.019
10.019
10.019
10.019
113
113
113
113
113
113
May.
June
10,132
9.588
9.588
9.588
10.410
10.410
10.019
9.475
9.475
9.475
10.303
10.303
113
113
113
113
107
107
July
10,410
10.303
107
3
4
5
6
7
8
9
0
.
.
.
197 1
1971-July
Aug.
Sept
Oct.
Nov.
Dec.
1972-Jan.,
Feb.
Mar.
Apr.
Source:
Circulation Statement of United States Money through 1965; daily
Treasury statement thereafter,
l/ Treasury gold stock; does not include gold in Exchange Stabilization
Fund. See ''International Financial Statistics," Table IFS-1.
2/ Comprises gold certificates held by the public and in Federal Reserve
2/
Banks, the gold certificates fund - Federal Reserve System, and gold
deposited by and held for the International Monetary Fund. Prior to
March 1968 also includes (l) reserve of $156 million against United
157
107
118
112
111
112
109
113
States notes and through June 30, 1961, Treasury notes of 1890 and
(2) the redemption fund - Federal Reserve notes (Pursuant to P. L.
90-269 approved March 18, 1968, this fund was combined with gold
certificate fund - Federal Reserve System).
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
Treasury Bulletin
16
M O N E T A R Y ST A T IS T IC S
Table MS-1. - M oney in Circulation
(In millions of dollars except per capita figures)
Currencies presently
ue-LiiK it.aueu 1/
Currencies no longer issued
End of
fiscal year
or month
1965.........................
1966.........................
1967................. .......
1968.........................
1970.........................
1971.......................
1972.........................
1970-Dec......................
Federal
Reserve
bank
notes
National
bank
notes
78
73
68
64
61
59
57
55
54
53
55
37
36
22
21
21
21
20
20
20
20
20
Gold
certifi
cates 2/
Silver
certifi
cates
Federal
Reserve
notes 2/
20
19
13
4
4
4
4
4
4
4
4
1,847
1,723
829
582
395
225
223
220
218
215
219
18
18
4
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1971-June.....................
54
20
4
218
July.....................
Aug......................
Sept.....................
Oct......................
Nov......................
Dec......................
54
54
54
53
53
53
20
20
20
20
20
20
4
4
4
4
4
4
217
217
217
217
217
216
1972-Jan......................
Feb......................
Mar......................
Apr.....................
May...... ...............
June.....................
53
53
53
53
53
53
20
20
20
20
20
20
4
4
4
4
4
4
216
216
216
216
215
215
Coin
Treasury
notes of
1890
Total
currencies
United
States
notes
Federal
Reserve
notes L j
319
321
302
303
300
299
294
297
321
320
309
30,274
32,338
34,820
37,315
39,289
41,722
44,547
47,626
51,304
54,572
50,204
32,592
34,529
36,058
38,290
40,071
42,331
45,146
48,223
51,922
55,184
50,812
X
321
X
322
322
321
321
321
321
51,304
51,448
51,750
51,625
52,011
53,306
53,678
52,065
52,367
52,241
52,627
53,922
54,293
321
321
320
321
320
320
52,041
52,369
52,914
53,019
54,120
54,572
52,655
52,983
53,528
53,633
54,733
55,184
x
*
x
x
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
51,922
Dollars
Fractional
coin
Total
Total
money m
circula
tion 5/
1970-Dec......................
411
482
482
482
482
482
482
482
482
633
482
2,466
2,723
3,180
3,782
4,160
4,827
5,308
5,646
5,990
6,383
5,800
2,878
3,205
3,662
4,264
4,641
5,309
5,790
6,128
6,472
7,016
6,281
35,470
37,734
39,720
42,554
44,712
47,640
50,936
54,351
58,393
62,201
57,093
187.30
196.41
204.14
216.10
224.55
236.82
250.65
265.39
282.03r
297.86
277.13
1971-June.....................
482
5,990
6,472
482
482
482
482
545
566
581
598
611
618
626
6,011
6,055
6,074
6,107
6,170
6,209
6,193
6,214
6,249
6,285
6,343
6,383
6,493
6,537
6,556
6,589
6,714
6,775
6,774
6,812
6,860
6,902
6,969
7,016
58,393
58,558
58,904
58,797
59,216
60,636
61,068
282.03r
July.....................
Aug......................
Sept.....................
Oct......... ............
Nov......................
Dec.... _.................
59,429
59,795
60,388
60,535
61,702
62,201 7/
285*48
287.05
289.71
290.26
295.6lr
297.86
End of
fiscal year
or month
1963.........................
1965.........................
1966.........................
1967.........................
1968.........................
1970.........................
1971.........................
1972.........................
1972-Jan......................
Feb......................
Mar.....................
Apr......................
May.....................
June... .................
633
Source: Circulation Statement of United States Money through December 1965;
thereafter, Statement of United States Currency and Com.
1/ Excludes gold certificates, Series of 1934, which are issued only to
Federal Reserve banks and do not appear in circulation.
2/ Issued prior to January 30, 1934.
2/ Issued prior to July 1, 1929.
lj
Money in
circulation
per capita
(in dollars) 6/
282.64
284.05
283.27
285.05
291.65
293.52
Issued on and after July 1, 1929.
Excludes money held by the Treasury and money held by or for the
account of the Federal Reserve banks and agents.
6/ Based on the Bureau of the Census estimated population.
7/ Highest amount to date.
Less than $500,000.
r Revised.
*
5/
August 1912
17
, FEDERAL D E BT.
Table FD-1. - Summary of Federal D ebt
(In millions of dollars)
Securities held by:
Total outstanding
Government accounts
End of
fiscal year
or month
Public
debt
securi
ties
Agency
secunt ies
305,860
311,713
317,274
319,907
326,221
347,578
353,720
370,919
398,130
427,260
1970-Dec...
313,983
320,344
326,609
333,284
344,676
371,978
367,969
383,428
410,292
438,154
401,648
1971-June..
'July..
Aug...
Sept..
Oct...
Nov...
Dec...
196 3
196 4
196 5
196 6
196 7
196 8
196 9
197 0
197 1
1972 p ...
1972-Jan...
Feb...
Mar.,.
Apr...
May,.,
June p
Total
Public
debt
securi
ties
8,123
8,631
9,335
13,377
18,455
24,399
14,249
12,510
12,163
10,894
56,345
59,210
61,540
64,784
73,819
79,140
87,661
97,723
105,140
113,559
55,638
58,598
61,071
64,316
71,809
76,138
84,815
95,170
102,888
111,460
2,100
389,158
12,489
99,685
97,091
410,292
398.130
12,163
105,140
416,502
425,815
422,988
422,704
425,380
435.175
433,432
435,169
438,^78
436,295
439.175
438,154
405,299
414,592
412,268
411,934
414,620
424.131
422,862
424,032
427,344
425,304
427,912
427,260
11,203
11,223
10,720
10,770
10,760
11,044
10,570
11,137
11,034
10,991
11,263
10,894
107,123
109,582
108,757
107,066'
107,153
108,466
106,589
108,325
107,739
107,715
111,213
113,559
Source:
Daily Treasury statement and monthly statement of receipts and
expenditures of the Government.
1/ Represents non-interest bearing public debt securities Issued to the
International Monetary Fund, and prior to FY 1967 to the International
Dsvelopment Association, and the Inter-American Development Bank in
Agency
securi
ties
IMF & Inter
national
lending or
ganizations
1/
Total
Public
debt
securi
ties
Agency
securi
ties
254,461
257,553
261,614
264,690
267,529
290,629
279,483
284,880
304,328
323,770
301,138
247,046
249,533
252,748
251,782
251,084
269,231
268,080
274,924
294,417
314,976
2,594
3,176
3,581
3,455
3,810
3,328
2,209
825
825
825
825
825
291,242
7,416
8,020
8,866
12,909
16,445
21,398
11,403
9,956
9,911
8,794
9,895
102,888
2,252
825
304,328
104,878
107,355
106,491
104,680
104,747
106,045
104,447
106,164
105,532
105,534
109,055
111,460
2,245
2,226
2,266
2,387
825
825
825
825
825
825
308,554
315,408
313,406
314,812
317,402
325,884
326,018
326,019
329,814
327,755
327,137
323,770
294,417
299,596
306,411
304,952
306,429
309,048
317,261
9,911
8,958
8,997
8,454
8,383
8,354
8,622
317,590
317,042
320,987
318,945
318,032
314,976
8,428
2/
P
707
611
469
The public 2/
468
2,010
3,001
2,846
2,553
2,251
2,406
2,422
2,142
2,161
2,207
2,180
2,158
2,100
825
825
825
825
825
825
8,977
8,827
8,810
9,105
8,794
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 Reserve banks.
Preliminary
T able FD-2. Computed Interest Charge and Computed Interest Rate on Interest-Bearing Public Debt
(Dollar amounts in millions)
Computed annual interest rate
Total
interestbearing
public
debt
Computed
annual
interest
charge
1963...............
1964...............
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
1972..............
301,954
307,357
313,113
315,431
322,286
344,401
351,729
369,026
396,289
425,360
10,119
10,900
11,467
12,516
12,953
15,404
17,087
20,339
20,254
21,545
1970-Dec...........
387,252
1971-July..........
Aug...........
Sept.... ......
Oct...........
Nov...........
Dec...........
End of
fiscal year
or month
Marketable issues
Total
Interestbearing
public
debt
Notes
Treasury
bonds
Non
market
able
issues 2/
Special
Issues
3.344
3.471
3.642
3.655
3.686
3.681
3.722
3.762
3.759
4.018
3.412
3.462
3.493
3.713
3.745
3.876
3.979
4.327
4.608
4.636
3.003
3.238
3.372
3.693
3.854
4.133
4.555
5.235
5,375
5.475
Total
Bills
1/
3.360
3.560
3.678
3.988
4.039
4.499
4.891
5.557
5.141
5.093
3.425
3.659
3.800
4.134
4.165
4.757
5.232
5.986
5.210
5.099
3.081
3.729
4.064
4.845
4.360
5.711
6.508
7.340
4.516
4.188
3.283
-
3.921
3.854
3.842
4.321
4.764
5.294
5.668
6.420
6*519
6.312
21,210
5.520
5.803
6.150
-
6.704
3.742
4.537
5.407
403,533
412,762
410,450
410,181
412,733
422,308
21,049
21,806
21,748
21,654
21,584
21,853
5.248
5.315
5.332
5.312
5.262
5.207
5.323
5.420
5.462
5.442
5.374
5.290
4.852
5.044
5.151
5.087
4.961
4.763
6.519
6.498
6.492
6.477
6.367
6.367
4.730
4.744
4.722
4.682
4.642
4.614
5.463
5.518
5.484
5.477
5,469
5.471
1972-Jan...........
Feb...........
Mar...........
Apr...........
May...........
June..........
421,090
422,090
425,536
423,535
426,108
425,360
21,513
21,313
21,334
21,364
21,519
21,545
5.197
5.110
5.051
5.070
5.069
5.099
4.507
4.280
4.157
4.156
4.172
4.188
-
-
6.367
6.331
6.331
6.324
6.312
6.312
430,577
21,935
5.131
4.279
-
6.312
4.019
4.589
4.551
4.544
4.607
4.634
4.636
4.702
5.454
5.447
5.458
5.514
5.504
5.475
July..........
5.140
5.079
5.042
5.073
5.078
5.093
5.122
3.759
3.806
3.807
3.807
3.854
3.855
3.856
3.954
3.955
3.956
3.980
4.018
Footnotes at end of Table FD-8.
Certifi
cates
_
4.851
5.250
_
-
-
-
5.475
Treasury Bulletin
18
______________ FEDERAL D E B T______________
Table FD-3. - Interest-Bearing Public Debt
(In millions of dollars)
Public issues
End of
fiscal year
or month
Total
interest- Total
public
bearing
issues
public
debt
Total
Bills
Certif
Notes
icates
301,954
307,357
313,113
315,431
322,286
344,401
351,729
369,026
396,289
425,360
257,153
260,729
264,463
264,311
266,131
284,874
284,940
292,702
313,505
335,762
203,508
206,489
208,695
209,127
210,672
226,592
226,107
232,599
245,473
257,202
47,230
50,740
53,665
54,929
58,535
64,440
68,356
76,154
86,677
94,648
22,169
387,252
309,146 247,713
87,923
-
1971-July........
Aug.........
Sept........
Oct.........
Nov.........
Dec.........
403,533
412,762
410,450
410,181
412,733
422,308
421,090
422,090
425,536
423,535
426,108
425,360
430,577
318,857 247,649
325,782 249,654
324,490 249,931
325,849 252,240
328,378 254,456
336,652 262,038
. 104,813
108,184
109,473
111,462
113,964
- 113,965
336,939
336,495
340,633
340,399
339,470
335,762
339,570
113,964
112,911
112,935
114,680
- 113,419
- 113,419
- 113,420
July........
-
1,652
5,610
88,918
89,601
88,644
89,028
89,829
97,505
97,517
261,918
98,122
261,215
265,380 102,371
98,321
262,989
261,924
98,094
257,202
94,648
257,717
95,234
-
-
Treasury
bonds
52,145
81,964
88,464
67,284
52,549 102,481
101,897
50,649
49,108
97,418
91,079
71,073
78,946
78,805
62,956
93,489
104,807
53,989
113,419 49,135
58,563
101,227
1963............
1964............
1965............
1966............
1967............
1968............
1969............
1970............
1971............
1972............
1970-Dec........
1972-Jan.........
Feb.........
Mar.........
Apr.........
May.........
June........
Nonmarketable
Marketable
-
-
-
-
Source: Daily Treasury statement.
1/ Consists of certificates of indebtedness, Treasury notes beginning
January 1963, and Treasury bonds beginning September 1964, sold to
foreign governments for U.S. dollars.
2/ Consists of the dollar equivalent of Treasury certificates of indebted
ness; Treasury bonds from October 1962 - April 1967; and Treasury
notes beginning November 1966 issued and payable in designated
53,918
51,868
51,814
51,750
50,664
50,568
50,436
50,182
50,073
49,988
50,411
49,135
49,064
2/
Treasury
Foreign
Depos series
U.S.
bonds
Total savings invest itary
securi
bonds
bonds
ment
ties 1/
series
Special
Foreign
currency Other issues
series
securi y
ties 2/
53,645
54,240
55,768
55,183
55,459
58,282
58,833
60,103
68,032
78,560
48,314
49,299
50,043
50,537
51,213
51,712
51,711
51,281
53,003
55,921
3,921
3,546
3,256
2,692
2,589
2,516
2,459
2,387
2,347
2,310
103
103
59
44
45
30
28
25
23
22
648
392
1,132
817
624
2,001
1,703
3,389
7,606
16,913
630
832
1,137
957
890
1,740
2,367
1,366
1,664
2,072
29
68
141
137
97
282
564
1,656
3,389
1,322
44,801
46,627
48,650
51,120
56,155
59,526
66,790
76,323
82,784
89,598
61,434
51,842
2,370
24
4,331
1,366
1,500
78,106
71,208
76,129
74,559
73,609
73,922
74,614
75,021
75,281
75,254
77,410
77,545
78,560
53,221
53,444
53,616
53,831
54,062
54,275
2,346
2,339
2,337
2,321
2,321
2,320
2,320
2,316
2,314
2,312
2,311
2,310
22
22
22
22
22
22
9,431
14,385
14,230
14,144
14,293
14,738
4,522 84,676
3,940 86,980
2,348 85,961
1,284 84,332
1,217 84,355
1,246 85,656
24
24
25
25
22
22
22
14,703
14,703
14,456
16,332
16,162
16,913
20,039
1,664
1,998
2,005
2,008
2,008
2,013
2,147
2,148
2,072
2,072
2,072
2,072
1,343 84,151
1,333 85,595
1,312 84,902
1,321 83,137
1,320 86,638
1,322 89,598
1,999
1,297
81,853
54,484
54,755
55,075
55,349
55,658
55,921
56,188
2,309
91,007
foreign currencies.
Includes Treasury bonds, Rural Electrification Administration series
beginning July I960; retirement plan bonds beginning January 1963;
Treasury certificates beginning June 1963; Treasury certificates
eurodollar series from April 1971-September 1971. Treasury bonds
beginning January 1964; and U.S. savings notes beginning May 1967
and discontinued after June 30, 1970.
Table FD-4. - M aturity D istribution and Average Length of M arketable Interest-Bearing Public Debt
(In millions of dollars)
Maturity classes
End of
fiscal year
or month
Amount
outstanding
Average length
Within
1 year
1-5
years
5-10
years
10 - 20
years
20 years
and over
14,444
16,328
17,241
17,023
16,797
16,553
16,217
11,048
10^670
10,059
5 yrs.
5 yrs.
5 yrs.
4 yrs.
4 yrs.
4 yrs.
4 yrs.
3 yrs.
3 yrs.
3 yrs.
1 mo.
0 mo.
4 mos.
11 mos.
7 mos.
2 mos.
0 mo.
8 mos.
6 mos.
3 mos.
10,863
3 yrs.
4 mos.
4 mos.
5 mos.
4 mos.
3 mos.
6 mos.
4 mos.
1963................
1964................
1965................
1966................
1967................
1968................
1969................
1970................
1971................
1972................
203,508
206,489
208,695
209,127
210,672
226,592
226,107
232,599
245,473
257,202
85,294
81,424
87,637
89,136
89,648
106,407
103,910
105,530
112,772
121,944
58,026
65,453
56,198
60,933
71,424
64,470
62,770
89,615
89,074
89,004
37,385
34,929
39,169
33,596
24,378
30,754
34,837
15,882
24,503
26,852
1970-Dec.............
247,713
123,423
82,318
22,553
8,360
8,355
8,449
8,439
8,425
8,407
8,374
10,524
8,455
9,343
8,556
1971-July............
Aug.............
Sept............
Oct.............
Nov.............
Dec.............
247,649
249,654
249,931
252,240
254,456
262,038
115,014
116,664
117,662
118,007
108,911
119,141
89,077
92,865
90,915
92,940
96,204
93,648
24,503
21,115
22,397
22,397
29,321
29,321
8,435
8,420
8,404
8,385
9,566
9,530
10,622
10,590
10,553
10,511
10,454
10,397
3
3
3
3
3
3
1972-Jan.............
Feb.............
Mar.............
Apr.............
May.............
June............
July............
261,918
261,215
265,380
262,989
261,924
257,202
257,717
119,152
122,067
126,315
122,263
126,617
121,944
122,528
93,646
93,089
93,106
94,849
89,005
89,004
89,004
29,318
26,347
26,349
26,348
26,853
26,852
26,851
9,484
9,459
9,419
9,392
9,363
9,343
9,318
10,317
10,253
10,191
10,137
10,086
10,059
10,015
3 yrs.
3 yrs.
3 yrs.
3 yrs.
3 yrs.
3 yrs.
3 yrs.
Source:
Office of Debt Analysis in the Office of the Secretary.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
4 mos.
4 mos.
3 mos.
3 mos.
3 mos.
3 mos.
2 mos.
August 1972
19
_____________ FEDERAL D E B T_____________
Table FD-5. - Special Public Debt Issues
(In millions of dollars)
Federal
employees'
retirement
funds
Federal
Deposit
Insurance
Corporation
Federal
disability
insurance
trust Fund
108
292
232
560
833
722
1,242
1,424
227
12,438
13,530
14,577
15,189
15,569
15,668
17,354
18,931
21,644
24,691
20,027
260
270
312
57
85
174
120
74
156
274
176
2,165
1,903
1,563
1,150
1,376
1,891
3,042
4,435 .
5,713
6,697
4,966
372
82
100
924
52
152
52
199
44
62
175
786
1,192
1,259
1,890
2,583
2,980
2,834
3,093
22,095
22,159
22,194
22,193
22,285
22,917
23,002
23,055
23,123
23,124
23,244
24,691
151
161
164
165
215
216
5,686
5,866
5,885
5,804
5,816
5,946
75
70
57
119
102
112
2,849
2,975
2,920
2,739
2,635
2,947
26,606
27,796
27,457
26,590
26,543
26,573
84,151
85,595
84,902
83,137
86,638
89,598
1,395
2,361
2,364
2,503
2,513
2,513
2,506
2,509
2,578
831
940
1,424
277
328
230
234
277
274
5,895
6,011
6,123
6,203
6,357
6,697
114
108
99
103
77
62
2,829
2,862
2,803
2,638
2,709
2,834
26,114
27,147
27,139
27,671
29,284
29,126
91,007
1,759
25,220 ,
275
6,700
63
2,691
29,036
Railroad
retirement
accounts
Unemployment
trust fund
Other
1/
4,803
4,931
5,799
7,075
7,785
8,807
9,957
10,520
8,514
7.186
9,984
155
172
287
188
802
583
772
497
842
1,133
705
Total
1963....................
1964....................
1965....................
1966....................
1967....................
1968....................
1969....................
1970....................
1971....... .............
1972....................
44,801
46,627
48,650
51,120
56,155
59,526
66,790
76,323
82,784
89,598
1970-Dec................
78,106
1971-July................
Aug................
Sept...............
Oct................
Nov................
Dec................
84,676
86,980
85,961
84,332
84,355
85,656
1972-Jan................
Feb................
Mar................
Apr.................
May................
June...............
July...............
End of
fiscal year
or month
Federal
old-age and
survivors
insurance
trust fund
Exchange
Stabilization
Fund
End of
fiscal year
or month
-
Federal Savings
Government
and Loan
life insurance
Insurance
fund
Corporation
Highway
trust fund
National
service life
insurance
fund
Postal
service fund
_
Federal home
loan banks
Federal
hospital
insurance
trust fund
_
_
14,221
14,799
15,261
14,403
17,840
19,221
21,986
25,939
27,248
29,126
25,787
1963....................
1964....................
1965....................
1966....................
1967....................
1968....................
1969....................
1970....................
1971....................
1972....................
1970-Dec................
98
332
287
223
3
36
73
80
89
139
9
1,003
956
933
938
814
876
842
797
758
717
776
678
609
265
238
722
978
1,513
2,602
3,635
4,456
2,823
5,714
5,783
5,909
6,113
5,744
5,856
5,754
5,915
6,068
6,155
5,961
963
-
2,786
2,969
3,123
3,277
3,339
3,303
3,434
3,751
3,852
3,742
3,396
1971-July...............
Aug................
Sept...............
Oct................
Nov................
Dec................
35
99
82
17
52
45
2,528
2,094
1,885
1,788
1,763
1,897
3,710
3,593
3,525
3,354
3,337
3,361
8,110
8,412
7,989
7,642
7,627
7,406
913
934
950
979
1,038
1,067
17
49
70
76
135
139
148
3,700
3,646
3,689
3,656
3,657
3,753
3,762
4,034
4,039
4,123
4,229
4,456
4,371
6,069
6,064
6,055
6,044
6,036
6,160
1972-Jan................
Feb................
Mar......... .......
Apt*...................................................................
May................
June...............
755
749
744
739
734
744
740
728
716
712
707
717
715
6,175
6,072
6,013
6,015
6,018
6,155
6,162
1,453
1,590
1,452
1,424
1,300
963
2,178
3,190
3,180
3,122
2,963
2,947
3,742
3,579
6,987
6,851
6,358
6,016
7,329
7,186
6,822
1,090
1,070
1,038
1,007
1,087
1,133
1,290
July...............
Source: Daily Treasury statements.
1/ 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 beginning August 1969; Employees health benefits
fund beginning October 1970; and Export-Import bank of the United
States from February 1967 - October 1968.
Treasury Bulletin
20
______________________________ FEDERAL D E B T __________________________ ___________________________
Table FD-6. - Interest-Bearing Securities Issued by Government Agencies 1/
(In millions of dollars)
Defense
Department
End of
fiscal year
or month
Total
Housing and Urban Development Department]
Family housing
mortgages and
Homeowners
assistance
mortgages
Federal
Housing
Admini
stration
1963.................
1964.................
1965.................
1966.................
1967.................
1968.................
1969.................
1970.................
1971.....,.,,,,,,,.,,,^,
1972p................
8,123
8,631
9,335
13,377
13,455
24,399
14,249
12,510
12,163
10,894
2,268
2,238
2,183
2,112
2,036
1,951
1,863
1,775
1,683
1,588
1970-Dec..............
12,489
1,727
586
793
570
441
492
548
577
517
487
454
476
1971-June.............
12,163
July.............
Aug..............
Sept.............
Oct..............
Nov..............
Dec..............
11,203
11,223
10,720
10,770
10,760
11,044
10,570
11,137
11,034
10,991
11,263
10,894
1,683
1,678
1,673
1,657
1,648
1,643
1,636
487
486
485
480
478
474
470
1,629
1,622
1,611
1,603
1,595
1,588
469
466
462
457
456
454
1972-Jan..............
Feb..............
Mar..............
Apr..............
May..............
June.............
Government
National
Mortgage
Association
Farm Credit Administration
United
States
Postal
Service
Export-Import
Bank of the
United States
Secondary
market
operations
_
_
-
-
250
520
827
1,022
1,385
2,164
2,571
2,472
1,893
2,625
1,819
7,230
-
-
1,882
6,005
5,970
5,970
5,970
5,970
5,940
5,915
5,390
5,390
5,390
5,370
5,370
4,920
_
_
2,625
_
_
-
-
1,625
1,621
1,128
1,121
1,120
1,420
300
2,110
4,830
7,900
8,600
7,320'
6.,005
4,920
Banks for
cooperatives
y
1,961
1,699
1,797
3,269
4,079
5,887
-
-
-
-
-
-
_
_
-
-
-
-
_
_
-
-
2,173
2,369
2,529
2,893
3, 363
3,779
-
-
_
-
_
-
-
-
_
_
_
_
_
_
-
_
1,418
1,716
1,619
1,619
1,819
1,819
250
250
250
250
250
-
469
525
709
881
1,072
1,230
Federal
Intermedi
ate credit
banks j/
_
_
_
-
-
_
_
_
_
_
_
_
_
_
_
-
-
-------------------------------------------------------------,■—
(Memorandum)
Other independent
agencies - (Continued)
End of
fiscal year
or month
Federal
National
Mortgage
Assn. 2/
Other independent agencies
Federal home
Banks for
cooperatives loan banks
Federal
Home Loan
Bank Board
Tennessee
Valley
Authority
Other
1963.................
1964.................
1965.................
1966.................
1967.................
1968.................
1969.................
1970.................
1971.................
1972p................
1970-Dec..............
*
*
*
*
6
6
6
6
5
6
145
180
225
285
417
525
728
996
1,355
1,855
1,166
*
*
*
*
3
3
3
3
3
3
3
1,411
1,529
1,790
1,805
1,776
1971-June.............
6
1,355
3
1,790
July.............
Aug..............
Sept.............
Oct..............
Nov..............
Dec..............
6
6
6
6
6
5
3
3
3
3
3
3
1,746
1,810
1,810
1,764
1,782
1,820
1972-Jan..............
Feb..............
Mar..............
Apr..............
May..............
June.............
5
5
5
5
5
5
1,435
1,466
1,477
1,X5
1,575
1,595
1,656
1,685
1,695
1,685
1,765
1,855
3
3
1,887
1,860
1,860
1,852
1,872
1,805
u
Federal
intermediate
credit banks
y
Federal
land
banks
Federal
National
Mortgage
Association
1/ 1/
3
3
3
3
Source: Bureau of Accounts.
1/ Includes unredeemed matured securities outstanding on which interest
has ceased.
2/ Effective September 30, 1968, Federal National Mortgage Association
was converted to private ownership pursuant to provisions of the
Housing and Urban Development Act of 1968 (P.L. 90-44-8) .
_
-
2/
-
-
2,770
4,201
4,757
6,310
4,588
4,702
5,524
9,914
7,923
7,078
4,240
4,942
5,705
6,188
10,532
4,863
7,923
7,871
7,789
7,743
7,930
7,709
7,679
7,678
7,324
7,281
7,278
7,093
7,078
5,705
5,775
5,805
5,776
5,744
5,668
5,565
5,600
5,660
5,758
5,948
6,088
6,188
7,074
7,205
7,198
7,403
7,393
7,393
17,442
17,814
17,992
18,131
17,960
18,560
-
District of
Columbia
Stadium
Fund
8,076
13,165
14,996
18,560
20
20
20
20
20
20
20
20
20
20
15,206
20
6,652
14,996
6,934
6,898
6,896
7,088
7,075
7,075
15,639
15,761
16,242
16,984
17,138
17,701
20
20
20
20
20
20
20
20
20
20
20
20
20
2,725
2,974
3,532
4,106
4,612
5,319
5,720
6,192
6,652
7,393
6,405
-
Effective December 31, 1968, banks for cooperatives and Federal inter
mediate credit banks were converted to private ownership pursuant to
provisions of Public Law 9 0 -5 8 2 , October 17, 1968.
ij
Includes mortgage backed bonds beginning November 1970.
5/ Includes mortgage backed bonds beginning June 1970.
* Less than $500,000.
August 1972
21
FEDERAL DEBT
Table FD-7. - Participation Certificates
(In millions of dollars - face amounts)
Participation certificates issued by GNMA acting as trustee
Agriculture
Department
Fiscal year
or month
Sales
1963.............
1964.........
1965.............
1966.............
1967.............
1968.............
1969.............
1970.............
1971.... ......
1972.............
Export -Import Bank
of the United States
Commodity Credit
Corporation
Retire Out
ments
standing Sales
_
_
-
2,181
“
_
-
2,181
~
Retire Out
ments
standing Sales
250
373
450
761
1,411 2/
570
-
*
-
-
4
494
7
1
1
1972-Jan.........
Feb.........
Mar.........
Apr.........
May.........
June........
-
_
_
_
_
-
-
-
-
-
300
1,840
2,900
3,250
1,330
~
30
180
180
630
1,280
1J15
1,085
300
2,110
4,830
7,900
8,600
7,320
6,005
4,920
600
525
225
“
_
184
401
80
168
600
1,125
1,166
765
685
517
_
100
100
15
-
70
6,005
5,970
5,970
5,970
5,970
5,940
5,915
_
_
_
_
_
_
_
-
685
685
685
685
685
685
139
_
546
546
546
546
546
517
_
_
-
-
_
_
_
-
_
1,226
1,222
728
721
720
719
717
715
6l8r
6l8r
638r
618
_
“
2
2
97r
-
-
Sales
-
1,226
_
-
Retire Out
ments
standing
-
520
827
1,022
1,385
2,146
2,183
1,814
1,493
1,226
618
July.........
Aug.........
Sept.........
Oct.........
Nov..........
Dec.........
Retire Out
ments
standing Sales
_
30
66
255
398
650 2./
533
369
321
268
608
1971-June.........
Health, Education,
and Welfare
Department 2/
Farmers Home
Administration 1/
Total
-
35
30
25
525
_
-
-
-
20
~
450
5,390
5,390
5,390
5,370
5,370
4,920
Retire Out
ments
standing
_
3
3
2
6
685
_
-
_
_
29
_
_
_
_
_
_
_
_
_
_
5
_
_
_
_
_
_
_
_
-
1 '
_
_
100
200
212
209
207
201
207
207
207
207
207
207
207
202
202
202
202
202
201
Participation certificates issued by GNMA, acting as trustee - (Continued)
Housing and Urban Development Department
Fiscal year
or month
Sales
1963.............
1964.............
1965.............
1966.............
1967.............
1968.............
1969.............
1970.............
1971.............
1972.............
Retire Out
Sales
ments
standing
_
_
_
_
680
1,140
640
_
_
~
-
-
_
_
-
_
27
324
963
405
680
1,820
2,433
2,109
1,146
741
-
1971-June.........
July.........
Aug.........
Sept.........
Oct.........
Nov.........
Dec.........
_
-
-
1972-Jan.........
Feb.........
Mar.........
Apr.........
May.........
June........
_
61
_
_
_
-
_
-
344
_
_
_
_
-
Small Business
Administration 6/
Government National
Mortgage Association 5/
Office of Secretary i j
_
_
200
605
740
465
140
_
_
~
Retire Out
ments
standing
Sales
_
_
_
-
-
20
50
50
134
190
81
193
200
785
1,475
1,891
1,897
1,707
1,626
1,433
1,146
1,146
1,146
1,146
1,146
1,146
1,146
1,085
1,085
1,085
1,085
1,085
741
_
_
-
15
-
12
10
_
115
_
_
-
_
_
-
8
_
33
Retire Out
ments
standing
_
Sales
70
70
203
225
91
206
70
691
.
-
-
691
691
691
691
691
691
-
518
518
518
518
518
485
-
12
_
-
350
520
430
50
—
-
.
-
-
1,474"
1,474
1,474
1,4661,466
1,433
_
-
173
_
_
-
-
33
_
100
885
260
590
260
Retire Out
standing
ments
_
350
800
1,160
1,007
782
691
485
-
1,626
1,611
1,611
1,611
1,611
1,599
1,589
Source: Bureau of Accounts.
1/ Includes Direct Loan and Rural Housing Loan programs.
2/ Includes Construction of Higher Education Facilities, Health Professions
Education Fund, and Nurse Training Fund, beginning April I968.
2/ Includes $107 million refunding transaction.
ij
Includes College Housing, Elderly Housing, and Public Facility programs.
5/ Includes Special Assistance, and Management and Liquidating programs.
6/ Includes programs for Disaster Loans, and Business Loans and
Veterans
Administration 7/
-
-
-
_
10
60
60
79
136
99
107
_
100
975
1,175
1,704
1,885
1,749
1,650
1,543
_
20
-
18
15
32
-
10
(Memorandum)
Commodity Credit Corp.
(net certificates of
interest authorized under
Charter Act) 8/
Sales
_
42
436
167
667
Retire Out
ments
standing
68
457
99
834
377
419
855
1,021
923
1,590
-
-
1,650
_
_
1,630
1,630
1,630
1,630
1,612
1,597
-
-
-
-
-
1,565
1,565
1,565
1,553
1,553
1,543
_
_
_
_
_
_
-
-
-
-
-
_
-
-
Investments.
7/ Includes Direct Loan and Loan Guaranty programs.
8/ In the case of Commodity Credit Corporation, participation certificates
are called "certificates of interest" and are not included m the
Participation Sales Act of 1966. Amounts shown as sales and retire
ments represent the net excess transactions for the period. On July 1,
1969, the amount outstanding was reclassified as agency securities.
* Less than $500,000.
r* Revised.
Treasury Bulletin
22
FEDERAL DEBT
Table FD-8. - D ebt Subject to Statutory Lim itation
(in millions of dollars)
Total outstanding sub
ject to limitation
End of
fiscal year
or month
Statutory
debt
limit
Total
307,000
324,000
324,000
328,000
336,000
358,000
377,000
377,000
430,000
450,000
306,099
312,I64
317,581
320,102
326,471
350,743
356,932
373,425
399,475
428,576
305,492
311,351
316,991
319,641
325,959
346,925
353,084
370,288
397,503
426,638
607
813
590
462
512
3,819
3,847
3,137
1,972
1,939
1970-Dec........... .
395,000
391,626
388,530
3,097
1971-July...........
Aug............
Sept...........
Oct............
Nov............
Dec............
430,000
430,000
430,000
430,000
430,000
430,000
406,644
415,936
413,607
413,271
415,954
425,462
404,672
413,966
411,642
411,308
413,995
423,506
1,971
1,970
1,965
1,963
1,959
1,955
1972-Jan............
Feb............
Mar............
Apr............
May............
June...........
430,000
430,000
450,000
450,000
450,000
450,000
450,000
424,192
425,358
428,667
426,623
429,230
428,576
422,238
423,408
426,720
424,681
427,288
426,638
431,761
433,704
Matured debt and debt bearing no
interest subject to limitation
Agency securities
Agency
Public debt
Public debt
& debt of District
securities District of
securities
securities
Columbia 2/
of Columbia 1/
1/
1963................
1964................
1965................
1966................
1967................
1968................
1969................
1970................
1971................
1972...............
July...........
Interest bearing debt
subject to limitation
Public debt
securities
Agency
securities
301,954
307,357
313,113
315,431
322,286
344,401
351,729
369,026
396,289
425,360
387,252
586
792
569
441
492
3,798
3,827
3,117
1,952
1,919
3,076
20
20
20
20
20 >
20
20
20
20
20
3,538
3,995
3,878
4,210
3,673
2,524
1,355
1,262
1,214
1,278
1
1
1
1
*
*
*
•*
*
*
20
1,278
•*
1,952
1,950
1,945
1,943
1,939
1,936
20
20
20
20
20
20
1,139
1,203
1,192
1,128
1,262
1,198
*
1
•*
*
*
*
1,954
1,951
1,947
1,942
1,941
1,939
403,533
412,762
410,450
410,181
412,733
422,308
421,090
422,090
425,536
423,535
426,108
425,360
1,934
1,931
1,927
1,922
1,921
1,919
20
20
20
20
20
20
1,148
1,317
1,184
1,145
1,181
1,278
•*
*
*
■*
■*
*
1,943
430,577
1,923
20
1,184
*
Source: Daily Treasury statement.
Note: For debt subject to limitation for fiscal years 1940-1962, 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 1971. For a
summary of legislation on debt limitation under the Second Liberty
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 1968, $1,465 million are now outstanding.
2/ District of Columbia Armory Board Stadium Bonds.
* Less than $500,000.
1/
Footnotes to Table FD-2
Source:
On the basis of the daily Treasury statement.
Note: The computed annual interest charge represents the amount of
interest that would be paid if each interest-b.earing 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 i960). The aggregate charge for all interest-bearing issues
constitutes the total computed annual interest charge. The average
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,
1958j 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.
1/ Included in debt outstanding at face amount, but discount value is
used in computing annual interest charge and annual interest rate.
2/ On United States savings bonds the rate to maturity is applied against
the amount outstanding.
August 1972
23
FEDERAL DEBT
Table FD-9. - Status and Application of Statutory Limitation
The Second Liberty Bond Act (3 1 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 $4-00 billion outstanding
at any one time. Public Law 92- 5 , as amended, provides that
beginning March 17 , 1971 , and ending October 31 , 1972 , the
public debt limit shall be temporarily increased by $30 bil
lion; and Public Law 92-250 , as amended, provides that beginning
March 1 5 , 1972 , and ending October 31, 1972 , the public debt
limit shall be further temporarily increased by $20 billion
to $450 billion.
The Act of June 30 , 1967 (Public Law 90-39 ) provides
that the face amount of beneficial vinterests 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 July 31, 1972
(In millions of dollars)
The statutory debt limit established by the Second Liberty Bond Act, as amended
(31 U.S.C. 757b)...................... ,.................................. .........
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))........................................
450,000
431,761
478
1,465
Total amount outstanding subject to statutory debt limitation..........................
433,704
Balance issuable under limitation.....................................................
16,296
Part B. - Application of Statutory Limitation July 31, 1972
_________________________ (In millions of dollars)___________________
Classification
Total
outstanding
Public debt:
Interest-bearing debt:
Public issues — marketable:
Treasury bills........................................................................ .
Treasury notes........................................................................ .
Treasury bonds...........................................................................
Total public issues — marketable.........................................................
95,234
113,420
49,064
257,717
Public issues — nonmarketable:
v
Certificates of indebtedness:
Foreign series.................................................................... .....
Foreign currency series..................................................................
Treasury notes:
Foreign series.........................................................................
Foreign currency series..................................................................
Treasury bonds...........................................................................
Treasury certificates.....................................................................
U.S. savings bonds........................................................................
U.S. savings notes........................................................................
U .S. retirement plan bonds.................................................................
Depositary bonds....................................................... ..................
Treasury bonds, R.E.A. series..............................................................
Treasury bonds, investment series...........................................................
14,188
1,829
250
425
56,188
557
55
22
10
2,309
Total public issues — nonmarketable......................................................
Special issues to Government agencies and trust funds.............................................
Total interest-bearing debt..............................................................
81,853
91 007
430,577
5,851
170
Matured debt on which interest has ceased......................................................... ..... 286
Debt bearing no interest:
........ —
Special note of the United States:
International Monetary Fund series................................................................. 825
Mortgage Guaranty Insurance Company Tax and Loss Bonds............................................ ..... 27
U .S . savings stamps............................ ........... .................................. ..... 47
Excess profits tax refund bonds......... ................................ ......... ....... .......... 1
U .S . notes.................................................................................. .....323
Deposits for retirement of national bank and Federal Reserve bank notes............................. ..... 73
Silver certificates.......................................................................... ..... 215
Other debt bearing no interest................................................................. ......... 10
Total debt bearing no interest............................................................... ....... 1 ,520
Total public debt..........................................................................
432,384
Debt of U.S. Government agencies:
Interest-bearing debt............................ ,...........................................
Matured debt on which interest has ceased.......................................................
478
*
Total debt of U.S. Government agencies........................................................ .........478
Total public debt and debt of U.S. Government agencies..........................................
432,862
Deduct debt not subject to limitation............................................................
623
Add participation certificates.................................................................. ....... 1 >465
Total subject to limitation................................................................ ..... 433,704
Source: Daily Treasury statement.
* Less than $500,000.
Treasury Bulletin
24
FEDERAL DEBT
Table FD-10. - Treasury Holdings o f Securities Issued by Government
Corporations and Other Agencies
(in millions of dollars)
Housing and Urban
Development Department
ExportSecretary: Import
Tenn
Farmers
Govern
essee
Bank of
Home
ment
Valley
the
National
Adminis
Secretary
United
Other Author
Mortgage
tration
States u
ity
6/
programs
Assn. 5/
Agriculture Department
End of
fiscal year
or month
Total
3
4
5
6
7
8
9
0
1
2
29,166
29,241
28,354
26,964
24,611
27,040
28,164
30,651
31,944
33,939
1970-Dec.
196
196
196
196
196
196
196
197
197
197
Agency
for
Inter
national
Develop
ment 1/
807
735
712
689
Commodity
Credit
Corpo
ration
Rural
Electri
fication
Adminis
tration
1,476
2,005
830
2,302
513
178
783
1,743
2,753
3,133
2,670
1,937
1,570
2,261
3,602
3,'914
1,293
1,523
5,746
5.846
5.846
5.946
5.946
5.953
1,396
1,496
1,506
1.605
1.506
1.506
416
11,793
11,776
11,593
11,534
11,491
11,501
5.953
5.953
6.053
6.053
6,153
6,051
1,506
1.606
1,606
1,606
1,606
1,606
408
13,503
6,151
1,606
2,024
1,709
1,941
1,977
1,808
1,743
1,800
3,657
544
512
451
416
13,599
13,990
13,111
11,768
10,097
11,989
12,115
12,262
11,977
11,501
4,075
4,234
4,518
4,770
5,045
5,328
5,746
6,051
31,540
502
12,665
5,543
1971-July..
Aug...
Sept..
Oct..,
Nov..,
Dec..,
31.278
32,094
32,175
32,050
32,667
33,078
449
449
449
449
449
435
10,205
10,783
10,343
9,994
10,627
11,266
1972-Jan..,
Feb..,
Mar..
Apr..,
May..,
June.
33,885
33,794
33,902
33,851
33,779
33,939
432
432
432
432
432
36.279
July.
1/
2/
662
638
3,828
027
170
235
436
415
454
583
416
391
1,923
2,019
2,056
2,023
1,850
1,854
2,032
148
1,996
100
100
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
2,010
2,010
183
250
294
43
100
131
1.730
2,010
183
3,646
3,650
3,635
3,640
3,657
3,703
237
237
237
278
278
372
100
100
100
130
100
128
100
100
128
128
1.730
1.730
1.730
1.730
1.730
1.730
2,010
2,010
2,010
2,010
2,010
249
249
249
249
249
250
3,815
3,809
3,757
100
100
100
128
128
2,010
2,010
2,010
100
127
127
127
127
1.730
1.730
1.730
1.730
1.730
1.730
2,010
2,010
250
250
250
250
250
294
100
126
1.730
2,014
295
25
50
85
95
1,466
10
1,329
1,950
2,427
3,133
3,552
3,"78l
25
100
100
100
100
10
100
223
665
2,421
3.394
1,758
1,732
3,622
2,261
3,682
3.732
3.732
3.732
362
720
2,289
2,255
1,895
Source: Daily Treasury statement.
Note: These securities were issued to the Treasury m exchange for ad
vances by the Treasury from public debt receipts under congressional
authorization for specified government corporations and other agencies
to borrow from the Treasury. Further detail may be found in the 1971
Statistical Appendix to Annual Report of the Secretary of the Treasury,
pages 308-12, and the 1971 Combined Statement of Receipts, Expenditures
and Balances of the United States Government, pages 594-96.
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), and Rural Housing Insur
ance Fund.
2J Includes securities transferred from the Reconstruction Finance Corpo
ration.
4/ Consists of notes issued to borrow for: The urban renewal program
(formerly slum clearance program); college housing loans; public facil
ity loansy Low Rent Public Housing Fund; and advances for National
Flood Insurance Fund.
5/ Consists of liabilities taken over by the Association from the
3,682
Other
B/
123
123
124
125
125
129
133
133
130
127
2,716
2.393
1,899
1,586
Transpor
tation
Veterans Under
Dept.
Adminis Defense
Saint
tration: Produc
tion
Lawrence
Direct
Act
Seaway
loan
Develop
program of 1950
1/
ment
Corp.
10
15
3.774
3.774
3,784
3,683
3,633
3,914
3,774
3,781
372
520
520
665
665
665
3,944
3,937
665
3,686
100
100
130
128
2,010
2,010
29
35
51
72
90
118
Secretary in accordance with the act approved August 2, 1954, a.nd
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.
6/ Public Housing Administration 1960-1963; Federal Housing Administration
beginning January 1966; Housing Assistance Administration from September
1968 - December 1969.
7/ Consists of notes of: The Administrator, General Services Administra
tion, for defense materials procurement; the Secretary of Agriculture;
the Secretary of Interior (Defense Minerals Exploration Administration);
and the Secretary of the Treasury through May 1964.
8/ 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; Virgin Islands Corporation from September 1959 September 1968; District of Columbia Commissioners for the Stadium
Sinking Fund; Secretary of the Interior (Bureau of Mines) for develop
ment 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 Institution (John F. Kennedy Center Parking Facilities)
beginning Jul;y 1968.
August 1972
25
PUBLIC DEBT OPERATIONS.
Table PDO-1. - Maturity Schedule of Interest-Bearing Marketable Public Debt Securities
Other than Regular Weekly and Annual Treasury Bills
Outstanding July 31, 1972
(In millions of dollars)
Amount of maturities
Amount of maturities
Year
and
Held by 2/ Description
of final
maturity
1/
1972
Aug.....
Sept....
U.S. Govt,
accounts and All
Federal Re other
serve banks investors
Total
4%
5%
Bond
Note
2-1/2%
Bond _
8/15/72
8/15/72-E
9/15/67-72
1,453
2,574
1,951
240
1,469
149
1,213
1,105
1,802
Oct
1-1/2%
Note
Nov.....
6
Note
_
11/15/72-F
33
2,285
82
2,203
Dec.....
2-1/2%
Bond -
12/15/67-72
2,546
283
2,263
10,842
2,223
8,619
10/1/72-EO
Total
Year
and
month
of final
maturity
1/
1977
Feb__
6-1/2%
4-7/8%
^/±?/ o-o
2/15/73-D
2 ,337
2,419
2,675
2,519
34
3,,169
1,273
1,839
3,894
30
334
691
1,505
3,203
4,339
629
30
3,710
26,554
8,874
17,680
2/15/74
2/15/74-C
2,467
2,960
1,928
2,671
4/1/74-EA
485
974
2,368
3,360
5 ,787
4,497
10/1/74-EO
34
2,853
4,334
10,284
42
539
289
2
11/15/74-A
11/15/74
7,212
2,236
2,918
706
4,294
1,530
32,422
11,700
20,722
5,148
2,045
8
1,791
100
3,357
1,945
8
6,760
1,776
2,286
1,708
30
4,474
68
2,486
-
3,115
757
5,193
30
2,358
26,561
9 ,6 7 6
16,885
Apr.....
1-1/2%
4/1/73-EA
34
May.....
7-3/4% Note
4-3/4% Note _
5/15/73-A
5/15/73-E
5,844
3,792
Aug.....
8-1/8%
Oct.....
4%
1-1/2
Note
8/15/73-B
8/15/73
10/1/73-EO
Nov.....
4-1/8%
Bond
11/15/73
Note Bond
Total
1974Feb
Apr.....
May.....
4-1/8% Bond
7-3/4% Note
1-1/2% Note
Aug.....
4-1/4% Bond
7-1/4% Note
5-5/8% Note
Oct.....
1-1/2%
Nov.... .
-
-
5/15/74
5/15/74-D
8/15/74-B
Note 5-3/4% Note _
3-7/8% Bond Total
1975
Feb.....
5-3/4%
Apr.....
1-1/2%
May.....
6%
5-7/8%
Aug.....
5-7/8%
Oct.....
1-1/2%
Nov.......
7%
5-7/8%
Note
Note Note
Note
Note Note
Note
Note
-
2/15/75-A
2/15/75-E
4/1/75-EA
5/15/75-B
5/15/75-F
8/15/75-C
10/1/75-EO
11/15/75-D
Total
1976
Feb.....
Apr.....
May.....
6-1/4%
1-1/2%
2/15/76-A
Note
Note
7,679
32
8%
Note -
2/15/77-A
5,163
1- 1 / 2%
Note -
4/1/77-EA
3
Aug--
7-3/1$
Note -
8/15/77-B
Total
1978
Feb__
2,857
4/1/76-EA
3,739
27
5/15/76-B
5/15/76-E
2,697
2,802
758
8/15/76-C
27
1-1/2%
Note
10/1/76-EO
4,194
11
1,605
Oct.....
Nov........
6-1/4% Note
11/15/76-D
1,283
47
1,236
14,753
5,794
8,959
527
1,939
2,275
2,589
11
Source:
Daily Treasury statement and Office of Debt Analysis m the
Office of the Secretary.
l/ For issue date of each security, see "Market Quotations on Treasury
Securities."
Note Note -
1980
Feb__
Nov....
4%
3-1/2%
Bond Bond -
2/15/78-A
11/15/78-B
2/15/80
11/15/80
Total
U.S. Govt,
accounts and
Federal Re
serve banks
All
other
investors
3,042
2,121
2,264
818
1,446
7,430
3,860
3,570
8,389
8,207
3,515
3,575
4,874
4,632
16,596
7,090
9, 506
2,583
1,900
851
1,732
749
1,151
4,483
1,600
2,883
3
1981
Aug--
7%
Bond -
8/15/81
807
399
408
1982
Feb__
6-3/856
Bond -
2/15/82
2,702
956
1,746
1983
June...
3-1/4%
Bond -
6/15/78-83
1,513
274
1,239
3-1/4%
4-l/4/»
Bond Bond -
5/15/85
5/15/75-85
1,011
1,207
224
478
787
729
2,218
702
1,516
1985
May....
Total
1986
Nov.
6-1/8%
Bond -
11/15/86
1,216
860
356
1990
Feb__
3-1/2%
Bond -
2/15/90
4,370
1,140
3,230
1992
Aug--
4-1/4%
Bond -
8/15/87-92
3,776
1,458
2,318
199^
Feb....
4%
Bond -
2/15/88-93
242
70
172
1994
May....
4-1/8%
Bond -
2/15/89-94
1,526
563
963
1995
Feb__
3%
Bond -
2/15/95
1,006
152
854
1998
Nov.
3-1/2%
Bond -
11/15/98
3,465
892
2,573
882
Aug......
Total,,
6-1/4$
6%
Total
42
6-1/2% Note
5-3/4% Note
7-1/2% Note
_
Total
33
1,849
2,514
4,268
Note “
Note
Description
Apr....
Nov....
1973
Feb...
Held by 2/ -
27 Beginning with February 1969 Treasury Bulletin, the definition of
U.S. Government accounts and all other investors is in conformity
with the unified budget concept.
Treasury Bulletin
26
PUBLIC DEBT OPERATIONS.
Table PDO-2. - Offerings o f Treasury Bills
(Amount in millions of dollars)
Description of new issue
Issue date
Regular weekly:
(13-week and 26-week)
1972-Apr.
6.....
May
June
July
1972-July
Oct.
6
5
13.....
July
Oct.
13
91
12
182
20.....
July
Oct.
27.....
20
91
182
July
Oct.
4.....
Aug.
Nov.
2
11.....
Aug.
Nov.
18........
91
182
Amount of
bids
tendered
2.301.4
1.800.3
3.664.1
3.289.3
2.301.3
1,800.8
4.194.4
3.125.7
3.585.0
3.123.0
'1,800.9
2 , 300.1
1.800.5
.
3.790.5
10
91
182
3.716.9
3.179.9
Aug.
Nov.
9
17
16
25.....
Aug.
Nov.
24
24
91
183
1.....
Aug.
Nov.
31
30
91
182
8.........
Sept.
Dec.
7
7
182
3
91
182
91
Total
amount
3.983.3
3.508.0
91
182
3 614.8
3.564.5
3.113.1
3.577.0
3,720.4
3.669.7
2.975.1
2.112.9
1.711.9
2,106.8
1.706.9
188.5
88.4
194.5
94.0
2.111.5
1.698.9
189.6
101.9
176.5
89.4
117.6
81.3
2.300.9
1.804.9 2/
2. 300.6
1.805.2 2/
169.2
2.300.7
1.805.0 2J
30.515.2
45.867.9 2J
30.516.0
45.862.3 2/
30.516.1
45.857.7 2/
2.405.3
1.806.2 2J
30.411.3
45.852.0 2/
2 , 301.1
.
2 123.6
2, 302.2
1 , 803.2 2/
2.301.4
1.805.5 2/
2.300.7
1.800.4
2 , 300.6
1,800.6
1.711.1
2,183.6
1.719.3
2.131.5
1.727.3
2.128.1
1.724.8
2.299.7
1.800.9
2.133.7
166.0
1.719.9
81.0
1 804.6 2/
157.1
82.2
2 ,400.6
1.805.2 2/
166.8
90.0
2.400.9
1.805.4 2/
2.401.5
1.804.7 2/
2.301.3
1.800.6
2 ,301.6
3.662.3
3.350.6
2.301.4
1,800.2
2.144.4
1.719.3
2.134.7
1,710.2
3.626.7
3.205.4
2.300.5
1.801.6
2.112.8
1.711.7
1.801.5
73.1
172.5
75.8
2.300.5
1.806.2 2/
.
2. 400.8
30.515.6
45,881.4 2J
30*515.5
45.876.7 2/
30.515.8
45.872.6 2/
.
30 310.2
45.848.3 2/
30 ,211.2
2.300.4
1.805.7 2J
45.844.6 2/
30.111.8
45.839.4 2/
30 ,010.8
45.836.3 2/
29 ,910.8
45.832.3 1/
29,910.9r
45,826.ir2/
156.8
82.7
2.301.4
1.805.6 2J
29.906.9
45.819.6 2J
14
14
182
22.....
Sept.
Dec.
21
21
91
182
3.594.1
3 321.8
2.300.7
1,802.1
2,120.1
1,698.0
2 9
Sept.
Dec.
28
28
91
182
3,537.2r
2,953.2r
2.300.4
1,799.5r
2.130.7
1.710.8
187.8
89.9
180.6
104.1
169.8r
88.6r
5
4
91
182
3.774.4
3.316.4
2.297.4
1.799.1
2 . 140.6
1.716.4
.
Total
unmatured
issues out
standing after
new issues
On noncompeti
tive basis 2/
Sept.
Dec.
91
Amount
maturing on
issue date
of new
offering
On competi
tive basis
15.....
2.400.7
1.806.1 2/
6.....
Oct.
il973-Jan.
13.....
p.972-0ct.
il973-Jan.
12
11
91
182
3.523.7
3,040.3
2.300.9
1.801.4
2,120.6
1.703.7
180.3
97.7
2.301.3
1,600.2
46 ,020.8
20.....
/l972-0ct.
Q973-Jan.
19
18
91
182
3.844.5
3.049.7
2.300.5
1,800.0
2,116.6
1,718.1
183.9
81.8
2 , 301.1
1.600.8
29.905.9
46.219.9
27.....
/l972-Oct.
U 973-Jan.
26
91
182
3.722.9
3.707.5
2 301.2
25
1,800.4
2.132.7
1,710.0
168.5
90.4
2, 300.1
1,603.2
29.907.0
46.417.1
1.154.9
484.5
483.6
1.168.9
47.5
31.0
1.202.4
500.6
500.8
1.203.5
14.413.6
16.7
16.6
20.3
34.3
500.5
1.202.5
4.504.4
14,408.2
31.6
1.201.4
499.7
14.407.1
31.....
Sept.
30.....
Oct.
Nov.
31.....
1.....
1972-,July
Apr.
May
Aug.
June
Sept.
.
31
30
366
2 , 300.1
272
1,582.7
31
31
30
30
274
274
1.543.5
2.262.4
1.370.2
366
2 ,2 20 .0
500.3
1,199.9
-500.5
1.200.7
2.384.9
1.523.6
1.200.3
500.2
1.528.4
2.099.2
500.3
1.200.7
1.488.4
2.289.5
501.3
1.200.5
366
1.506.2
2 . 203.6
275
365
1.526.2
1,915.0
499.9
1.200.4
500.1
366
1.202.5
501.1
Oct.
31
366
July
Aug.
Nov.
31
31
30
273
275
Sept.
Dec.
30
31
274
Oct.
.1973--Jan.
r
1972-■Nov.
. 1973--Feb.
31
31
30
28
274
31
31
30
275
365
1.534.2
2,320.4
500.6
1.200.8
365
275
2.454.9
1.467.6
1,199.8
3 1
Feb.
May
31
28
31
273
365
1.615.3
2.150.2
499.9
500.6
1,200.2
30.....
Mar.
June
31
30
274
365
1.282.4
501.1
3 0
Dec.
31.....
1972-Jan.
31.....
Feb.
29.....
Mar.
31.....
Apr.
30.....
p.972--Dec.
11973--Mar.
Apr.
May
1.....
Jan.
July
91
182
19
27
26
9-Month and One-Year:
1971 July
31.....
Aug.
2.....
June
Number of
days to
maturity 1/
Maturity
date
Amount of bids accepted
31.....
Footnotes at end of Table FD0-
Apr.
July
30
31
366
366
273
365
.
,
1 200.1
,
1 961.2
1 201.2
1.525.7
2.849.7
500.2
1,201.0
"(Continued on following page)
480.2
1,166.4
1.168.7
485.2
483.6
1.176.3
486.3
1.171.3
487.5
1,182.1
14.9
16.7
24.4
15.0
501.3
1.200.5
29.2
500.4
1,201.2
12.4
18.3
13.0
19.9
500.2
1.199.5
500.1
1,201.1
487.2
1.176.3
1.171.7
13.3
24.6
484.0
15.9
11.0
500.3
1.200.3
1.200.5
501.1
487.1
1,180.2
489.5
1,180.0
28.1
29.906.5
4,505.0
4.504.5
14 ,410.0
4,504.9
4.503.8
14.407.2
4.504.8
14.406.5
4.504.4
14.407.5
4.504.4
14.406.5
4.504.6
14.407.0
14.406.3
4.503.4
4.503.7
14.405.7
20.2
500.3
1,200.8
489.2
1,171.2
11.9
30.1
500.5
1.200.3
4.504.4
14 406.6
484.1
1.169.8
16.1
31.1
•500.2
1.202.5
4.504.4
14.405.1
.
August 1972
27
____________ PUBLIC DEBT OPERATIONS_____________
Table PDO-2. - Offerings of Treasury Bills - (Continued)
On total bids accepted
Tssue date
Average price
per hundred
Regular weekly:
( 13-week and 26-week)
1972-Apr.
6...
Equivalent rate U
(Percent)
99.034
97.780
> 99.057
97.865
3.729
4.223
99.067
97.886
3.691
4.182
99.043
97.843
.
K 99.027
97.837
3.851
4.278
99.031
97.860
3.833
4.233
99.021
97.826
3.873
4.300
27.
99.112
97.976
3.514
4.004
99.122
97.988
3.473
3.980
99.098
97.959
3.568
4.037
99.089
97.979
99.125
98.025
3.603
3.997
99.093
97.990
3.588
3.976
99.079
97.965
3.463
3.906
99.065
97.918
3.697
4.117
3.406
3.895
3.640
99.115
98.004
18.
99.139
98.031
99.080 6/
97.937
3.644
4.025
3.501
3.948
25.
‘99.033
97.848
1.
'99.049
97.924
3.825
4.233
3.761
4.107
8.
'99.024
97.855
’99.040
97.883
‘99.008
97.812
3.863
4.243
3.796
4.187
29.
98.983
97.733
4.024
4.484
6.
98.954
97.630
13.
98.963
97.672
4.139
4.689
4.103
4.605
20.
99.002
97.748
4.
22 .
98.977
97.682
9-Month and one-year:
1971-July
31,
Aug.
2
31.
Sept.
30,
Oct.
31,
1
6 .501
30,
1^72-Jan.
Price per hundred
3.719
4.312
15.
Dec.
Equivalent rate U
(Percent)
99.060
97.820 5/
11.
Nov.
Price per hundred
(Percent)
3.798
4.367
20
July
High
r 99.040
97.792
13.
May
Equivalent average
rate U
On competitive bids accepted
95.361
97.009
31,
96.008
* 97.038
31.
Feb.
29,
Mar.
31,
Apr.
30,
May
1
31,
June
30,
July
31
Footnotes at end of Table PD0-3.
95.998
97.050
95.852
* 96.554
95.274
~ 95.577
96.766
f
9 6 .6 8 8
[
95.473
^ 9 6 .3 8 2
95.079
96.418
95.014
99.040
97.855
4.081
3.798
7/
4.220
99.057
97.905
99.025
97.845
3.822
4.391
3.786
4.267
3.731
4.144
3.857
4.239
99.059
97.951
99.030
97.863
99.050
97.905
99.016
97.822
3.723
4.053
3.837
4.227
3.758
4.144
3.893
4.308
99.041
97.906
98.996
97.754 8/
98.971 2/
97.716
3.972
4.443
4.071
4.518
98.975
97.714
9^.943
97.612
98.974
97.699
4.059
4.551
98.954
97.654
4.055
4.522
4.182
4.724
4.138
4.640
3.949
4.455
4.046
4.585
99.015 10/
97.774 11/
98.990
97.688
3.897
4.403
3.996
4.573
97.730
3.972
4.490
98.973
97.673
4.063
4.603
3.926
4.328
99.015
97.843
99.031
97.866
99.000
97.806
3.794
4.142
3.897
4.267
3.833
4.221
3.956
4.340
5.953
94.063 12/
5.840
93.900
6.000
5.944
5.090
5.125
5.242
5.279
4.490
95.591
96.137
94.835
96.027
94.655 U /
95.456
5.835
95.482
5.980
5.075
5.080
5.118
5.150
5.257
4.470
96.105
94.764
95.997
94.617
5.259
5.295
95.390
4.534
4.496
96.615
4.464
96.577
4.580
4.563
3.930
3.927
96.528 U j
95.384 15/
97.025
96.036
4.545
4.540
96.488
95.304
3.909
3.899
96.986
3.891
3.936
97.052
96.046 16/
3.862
97.083 17/
95.924
96.566 18/
95.316 23/
3.873
3.889
3.819
4.514
4.598
4.619
3.960
3.978
3.928
4.495
4.620
95.593
96.780
4.215
95.554
96.737
4.385
4.272
96.713
95.519
4.335
4.420
96.675
95.412
96.439
95.155 20/
4.679
4.779
4.710
4.889
96.347
95.011
4.385
4.525
4.800
4.921
96.392
95.003
4.758
4.929
4.091
4.512
4.661
4.362
4.234
4.367
4.465
4.754
4.853
4.723
4.918
96.428
95.043
5.220
4.020
4.347
95.956
97.010
95.933
97.029
95.777
96.532
95.235
4.000
3.889
4.165
4.540
4.700
Treasury Bulletin
28
.PUBLIC DEBT OPERATIONS.
Table PDO-3. - New M oney Financing through Regular W eekly Treasury B ills l/
(Dollar amounts in millions)
ion of issue
Issue
date
1969-No v .
1970-Jan.
Feb.
Mar.
Apr.
Amount
of bids
accepted
$2 994
2 294
2 779
2 593
2 655
2 265
$1 802
1 201
6.999
7.281
$101
1 800
1 204
1 801
1 200
7.157
7.435
114
'1970-Feb.
May
5
7
91
182
13.
Feb.
May
13
14
92
182
20.
Feb.
May
19
21
91
182
28.
Feb.
May
26
28
90
181
4.
Mar.
June
91
182
11.
Mar.
June
5
4
12
11
2
3
2
2
18.
Mar.
June
26.
Average rate
of bids
accepted 2/
(Percent)
7.142
7.519
7.477
8.028
New money
increase, or
decrease (-)
99
733
392
1 801
1 201
867
152
1 800
1 200
91
182
2 380
2 097
1 800
1 200
19
18
91
182
2 666
2 176
1 801
1 201
Mar.
June
26
25
90
181
2 441
1 872
7.805
7.815
118
2.
Apr.
July
2
2
90
181
2 426
2 216
1 809
1 209
1 802
1 202
8.095
8.101
93
8.
Apr.
July
91
182
15.
22.
Apr.
July
2 720
2 514
2 876
3 159
3 160
2 532
1 804
1 207
Apr.
July
9
9
16
16
7.960
7.991
7.837
7.783
7.788
7.663
7.890
7.776
91
182
1
1
1
1
802
205
802
204
1 801
1 200
;
7.452
7.613
7.701
7.803
7.920
7.921
102
96
99
101
109
102
91
182
29.
Apr.
July
23
23
30
30
26.
May
Aug.
28
27
91
182
2 775
2 264
2 573
1 958
5.
June
Sept.
91
182
2 458
2 192
1 801
1 302
12 .
June
Sept.
4
3
11
10
91
182
2 986
2 832
1 798
1 301
19.
June
Sept.
18
17
91
182
3 051
2 685
6.837
6.707
104
26 .
June
Sept.
25
24
2
1
91
182
3 83 8
2 383
2 604
2 098
1 803
1 303
1 804
1 302
6.264
6 .184
96
1 800
1 301
9
8
16
15
91
182
23
22
91
182
30
29
6
5
91
182
2 445
2 906
91
182
6.329
6.392
6.408
6.455
6.310
6.247
6.476
6.494
6.876
7.253
7.184
7'.493
2.
July
Oct.
9.
July
Oct.
16 .
July
Oct.
30.
7.
14.
21.
28.
July
Amount
of bids
tendered
6.
23.
May
Number of
days to
maturity
Maturity
date
July
Oct.
July
Oct.
Aug.
Nov.
Aug.
Nov.
Aug.
Nov.
Aug.
Nov.
91
182
91
182
91
182
;
2 618
2 696
3 088
2 447
2 768
2 272
13
12
20
19
27
27
91
182
2
2
2
2
91
182
2 966
2 606
91
183
91
182
2
3
2
2
91
182
743
809
3 002
2 211
866
597
1
1
1
1
854
216
11.
Sept.
Dec.
3
3
10
10
18.
Sept.
Dec.
17
17
91
182
3 O64
2 115
25.
Sept.
Dec.
91
182
2 838
2 412
2.
Oct.
Dec.
24
24
1
31
8
7
91
182
91
182
2 357
2 659
2 381
2 170
15
14
22
21
91
182
2 916
2 873
91
182
3 014
2 458
16.
1970-Oct.
1971-Jan.
23.
1970-Oct.
1971-Jan.
Footnotes at end of table.
1 803
1 303
1 801
1 301
1 801
1 301
4.
9.
1 802
1 305
1 802
1 301
869
846
Sept.
Dec.
Oct.
1971-Jan.
1 801
1 301
(Continued on following page)
6.813
6.974
6.868
6.773
6.877
6 .7 2 9
106
100
100
102
98
91
102
98
103
101
99
802
302
6.994
7.201
110
790
304
1 802
1 301
1 801
1 306
6.827
6.996
90
7.133
7.356
100
6.824
6.858
106
6.783
6.895
108
6.732
6.946
102
1 803
1 303
1 803
1 303
1 801
1 303
1 807
1 303
1 801
1 311
1 803
1 305
1 802
1 300
6.626
6.929
6.422
6.602
6.643
6.657
6.547
6.644
6.385
6.442
90
108
102
100
95
August 1972
29
, PUBLIC DEBT OPERATIONS.
Table PDO-3. - New Money Financing through Regular Weekly Treasury Bills
1/ -
(Continued)
(Dollar amounts in millions)
Description of issue
Maturity
date
Issue
date
1970-Jilly
Aug.
Sept.
Oct.
Nov.
Dec.
Number of
days to
maturity
30.
Amount
of bids
tendered
Amount
of bids
accepted
I1970-Oct.
I1971-Jan.
29
28
91
182
$2,662
2,465
$1,801
1,301
6.347
6.429
flOO
I1970-Nov.
i1971-Feb.
91
182
2,632
2,056
1,811
1,300
6.414
6.495
107
91
182
2,499
2,476
1,801
1,303
6.511
6.681
100
2,946
2,515
2,660
2,588
1,803
1,298
6.526
6.587
114
1,791
1,403
1,802
1,400
6.197
6.338
91
13,
[1970-Nov.
i1971-Feb.
20,
[1970-Nov.
,1971-Feb.
19
18
91
182
27
[1970-Nov.
|1971-Feb.
27
25
92
182
2
[1970-Dec.
I1971-Mar.
91
182
10
|1970-Dec.
I1971-Mar.
3
4
10
11
91
182
2,380
2,075
2,758
2,976
17
[1970-Dec.
i1971-Mar.
17
18
91
182
2,714
2,607
24
[1970-Dec.
I1971-Mar.
24
25
91
182
2,992
2,525
1,
[1970-Dec.
[1971-Apr.
31
1
91
182
2,453
2,486
1,805
1,395
1,801
1,401
8
Jan.
Apr.
7
8
91
182
2,449
2,562
15
Jan.
Apr.
14
15
91
182
22
Jan.
Apr.
21
22
91
182
2,780
3,444
3,156
2,100
29
Jan.
Apr.
28
29
91
182
5
Feb.
May
4
6
91
182
12
Feb.
May
91
182
19
Feb.
May
11
13
18
20
91
182
2,615
2,909
3,230
2,448
2,877
2,940
2,940
3,272
27
Feb.
May
25
27
90
181
2,839
2,470
3
Mar.
June
91
182
3,527
2,320
10
Mar.
June
4
3
11
10
91
182
2,841
2,069
17
Mar.
June
18
17
91
182
1,901
1,400
24
Mar.
June
25
24
1
1
91
182
91
182
2,883
2,343
2,928
2,364
2,646
2,010
91
182
31
Apr.
July
June
Sept.
1,805
1,405
1,801
1,402
97
97
6.024
6.412
99
1,802
1,404
1,801
1,401
1,800
1,401
6.029
6.224
103
1,830
1,402
5.655
5.772
120
1,803
1,401
1,801
1,403
1,901
1,400
5.461
5.653
5.283
5.405
101
1,903
1,399
1,901
1,401
5.943
6.129
5.830
6.117
98
4.759
4.855
209
5.083
4.979
194
1,910
1,404
4.883
4.874
4.776
4.785
4.726
4.765
1,904
1,402
4.830
4.836
202
2,959
2,648
1,900
1,602
3.330
3.482
197
91
182
2,885
2,672
1,900
1,600
3.522
3.695
195
3.704
3.755
4.038
4.141
196
101
Apr.
1
July
Sept.
8
July
Oct.
8
7
91
182
2,795
2,600
2,000
1,601
15
July
Oct.
15
14
91
182
3,111
2,618
2,001
1,600
2k.
Sept.
Dec.
91
182
3,Okk
2,203
1,603
Sept.
Dec.
23
23
30
30
8.
Oct.
1972-Jan.
7
6
15.
1971-Oct.
1972-Jan.
22.
1971-Oct.
1972-Jan.
14
13
21
20
29.
‘1971-Oct.
1972-Jan.
28
27
Footnotes at end of Table.
105
1,802
1,402
25
1.
6.314
6.494
5.955
6.241
99
94
1971-Mar.
July
6.342
6.507
6.366
6.555
5.809
6.373
24
23
1
30
June
New money
increase, or
decrease (-)
(Percent)
5
4
12
11
6,
Average rate
of bids
accepted 2/
2,200
1,601
91
182
2,917
2,303
3,335
3,286
if.95^
5.133
5.078
5.278
2,303
1,592
5.467
5.614
91
182
4,095
3,226
2,302
1,601
91
182
4,091
2,982
2,302
1,601
5.377
5.483
5.546
5.724
91
182
4,421
3,609
2,313
1,601
5.556
5.833
91
182
2,670
(Continued on following page)
194
197
206
193
96
91
93
99
110
Treasury Bulletin
________________________________ PUBLIC DEBT OPERATIONS
Table PDO-3. - New Money Financing through Regular Weekly Treasury Bills l l - (Continued)
(Dollar amounts in millions)
Description of issue
1971-Aug.
1971--Nov.
{ 1972--Feb.
12.......
f 1971--Nov.
\ 1972--Feb.
26.......
2.......
9.......
16.......
23.......
30.......
Oct.
21.......
28.......
Nov.
f
5.......
19.......
Sept.
4 ......................
[ 1971--Nov.
\ 1972--Feb.
9... .
\
98
18
17
91
182
3,269
2,877
2,302
1,600
4.923
5.203
4.748
4.859
I
198
8
)
29
2,303
1,602
4.536
4.846
/
)
?0?
j
16
16
91
182
3,123
2,452
2,300
1,601
4.836
5.085
/>
17
QQ
1
7
23
23
91
182
3,352
2,399
2,300
1,600
4.742
4.993
/
96
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
\
pnq
Feb.
May
10
11
91
182
3,725
2,799
2,300
1,601
4.174
4.341
)
iL.\J±
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
Mar.
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
Mar.
June
16
15
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
1
305
May
Aug.
25
24
91
182
3,906
3,788
2,401
1,803
3.143
3.513
)
303
June
Aug.
1
31
91
182
3,609
3,481
2,401
1,796
3.447
3.762
/
295
June
Sept.
8
7
91
182
4,129
3,609
2,401
1,800
3.552
3.796
f
ic y o
June
Sept.
15
14
91
182
3,462
3,016
2,401
1,801
3.846
4.196
1
Qm
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
J
-103
Sept.
Dec.
7
7
91
182
3,662
3,351
2,301
1,800
3.863
4.243
I
-105
Sept.
Dec.
14
14
91
182
3,627
3,205
2,301
1,802
3.796
4.187
j
-104
Sept.
Dec.
21
21
91
182
3,594
3,322
2,301
1,802
3.926
4.328
^
-104
f 1971 -Dec.
\ 1972 -Mar.
f\ 1972
1971 -Dec.
-Mar.
f 1971 -Dec.
^1972-Mar.
r
i
r
1
r
1
r
r
f
f
f
r
f
{
r
{
r
f
f
f
1
f
I
Footnotes at end of table.
5.371
5.769
3,259
2,679
(
22......
2,300
1,600
91
182
\ 1972 -Mar.
1......
g
3,561
2,742
9
9
f 1971 -Dec.
I
June
91
182
197
1
23......
$ 94
>
{
16......
\
4.551
4.771
V.
2......
5.273
5.618
2,300
1,600
{
Mar.
$2,301
1,601
3,769
2,616
17.......
24......
$3,802
3,399
91
182
1
1972-Feb.
91
182
2
2
I 1972 -Mar.
1
16
4
3
11
10
f 1971 -Dec.
{
f
(Percent)
3,713
2,-817
{
Q
New money
increase, or
decrease (-)
92
182
{
2
Average rate
of bids
accepted 2/
26
24
18.......
.......
Amount
of bids
accepted
f 1971--Nov.
\ 1972--Feb.
1
do
Amount
of bids
tendered
2,301
1,600
11.......
Dec.
Number of
days to
maturity
Maturity
date
Issue
date
{
(Continued on following page)
J
August 1972
31
PUBLIC DEBT OPERATIONS.
Table PDO-3. - New Money Financing through Regular Weekly Treasury Bills
(Continued)
(Dollar amounts in millions)
Description of issue
Issue
date
1972-July
Number of
days to
maturity
Maturity
date
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
of bids
accepted 2/
(Percent)
Oct.
1973-Jan.
12
11
91
182
3,5243,040
2,301
1,801
4.103
4.605
20
>
1972-Oct.
1973-Jan.
19
18
91
182
3,845
3,050
2,301
1,800
3.949
4.455
27
1972-Oct.
1973-Jan.
26
25
91
182
3,723
3,707
2,301
1,800
4.046
4.585
13
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).
and April 6, 1971 ($2,206 million).
2/ Equivalent average rate on bank discount basis
Footnotes to Table PDO-2
Source:
Daily Treasury statement; Bureau of the Public Debt.
1/ The 13-week bills represent additional issues of bills with an original maturity of 26-weeks and the 9-month bills represent additional
issues of bills with an original maturity of one year.
2/ For 13-week, 26-week, 9-month, 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 March 6, 1972.
Bank discount basis.
Except $100,000 at 97.906.
Except $160,000 at 99.093.
1/ Except $400,000 at 97.865.
*/ Except $1,000,000 at 97.989.
New money
increase, or
decrease (-)
9/
10/
11/
12/
13/
14/
15/
16/
17 /
18/
19/
20/
r
Except $300,000 at 98.996.
Except $200,000 at 99.022 and $80,000 at 99.019.
Except $400,000 at 97.791.
Except $10,000 at 94.125 and $420,000 at 94.073.
Except $1,250,000 at 94.668.
Except $60,000 at 96.540.
Except $560,000 at 95.395.
Except $505,000 at 96.086.
Except $15,000 at 97.151 and $200,000 at 97.102.
Except $375,000 at 96.585.
Except $145,000 at 95.336 and $600,000 at 95.326.
Except $285,000 at 95.164.
Revised.
199
)
198
32
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table PDO-4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
Date subscrip
tion books
opened or bill
tenders re
ceived
Issue
date
7 /9 /6 9
7 /1 8 /6 9
7 /1 1 /6 9
7 /1 8 /6 9
4 /3 0 /6 9
7 /2 4 /6 9
7 /3 1 /6 9
8 /1 5 /6 9
8 /4 /6 9
8 /2 0 /6 9
5 /3 1 /6 9
8 /2 6 /6 9
8 /3 1 /6 9
6 /3 0 /6 9
9 /2 3 /6 9
9 /3 0 /6 9
r
9 /2 2 /6 9
<
10 /
Description of securities l/
6.775%
7.202%
Bill
Bill
7.407%
7.313%
Bill
Bill
_
_
-
7-3/4% Note
5.543% Bill
_
7.387% Bill
7.340% Bill
7.357% Bill
7.350% Bill
_
_
-
1 0 /1 /6 9
8%
Note
7-3/4% Mote
7-1/2% Note
1 0 /1 /6 9
1-1/2% Note
1 0 /1 /6 9
1 0 /1 /6 9
1 0 /8 /6 9
1 0 /1 4 /6 9
7.284%
Bill
1 0 /2 3 /6 9
1 0 /2 9 /6 9
7.204%
Bill
7 /3 1 /6 9
1 ^ 1 0 /3 1 /6 9
7.244%
7.127%
Bill
Bill
T 1 0 /1 4 /6 9
7.814%
Bill
\ 1 1 /2 9 /6 9
7.975%
Bill
8 /3 1 /6 9
7.777%
7.591%
Bill
Bill
1 0 /2 8 /6 9
f
1 1 /2 1 /6 9
1 1 /2 5 /6 9
^1 1 /3 0 /6 9
9 /3 0 /6 9
1 2 /2 3 /6 9
1 2 /3 1 /6 9
1 0 /3 1 /6 9
1 /2 7 /7 0
2 /2 /7 0
1 /3 1 /7 0
f
2 /1 5 /7 0
<
2 /1 5 /7 0
V
2 /1 5 /7 0
7.801% Bill
7.561% Bill
7.724% Bill
7.533% Bill
8-1/4% Note
8-1/8% Note
8%
Note
2 /2 4 /7 0
r u / 30/69
^ 2/28/70
6.995%
6.932%
Bill
Bill
2 /2 5 /7 0
10/14/69
6.549%
Bill
3 /2 6 /7 0
6.177%
6.101%
6.132%
Bill
3 /1 9 /7 0
3 /2 4 /7 0
f 1 2 /3 1 /6 9
^
IQ/
4 /2 3 /7 0
3 /3 1 /7 0
4 /1 /7 0
1-1/2% Note
6.843% Bill
6.814% Bill
7-3/4% Note
8%
Note
7-3/4% Mote
5 /1 5 /7 0
5 /1 5 /7 0
5 /1 5 /7 0
5 /5 /7 0
2 -V 8 /7 0
5 /2 6 /7 0
5 /3 1 /7 0
3 /3 1 /7 0
6 /2 3 /7 0
Bill
Bill
1 /3 1 /7 0
4 /3 0 /7 0
5 /4 /7 0
6 /3 0 /7 0
Period to final
maturity
(years, months,
days) 2/
7.353%
7.277%
7.068%
7.079%
6.452%
Bill
Bill
Bill
Bill
12/22/69 - Tax an I. _5/
3/23/70 - Tax ant. j?/
4/30/70 - Reopening
7/31/70
2/15/71-D
6/
5/15/71-E
- 5/15/73-A
- 8/15/76-C
6/
- 10/1/74-E0
4/22/70 - Tax ant. j>/
6/22/70 - Tax ant. 5/
_
7/31/70 - Reopening
10/31/70
4/22/70 - Reopening
Tax ant. 5/
_
6/22/70 - Reopening
Tax ant. 5/
8/31/70 - Reopening
11/30/70
_
9/30/70 - Reopening
12/31/70
_
10/31/70 - Reopening
1/31/71
_ 8/3 5/71-F
- 8/15/73-B
- 2/15/77-A
_
1/30/70 - Reopening
2/28/71
4/22/70 - Reopening
Tax ant. 5/
9/22/70 - Tax ant. j>/
_
12/31/70 - Reopening
3/31/71
- 4/1/75-EA
_
1/31/71 - Reopening
4/30/71
- 5/15/73-A - Reopening 6/
2/15/77-A - Reopening
- ll/15/71-G
6/
_
2/28/71 _ Reopening
5/31/71
_
3/31/71 - Reopening
6/30/71
-
273d
365d
1,610
2,204
271d
365d
6/30/70 - Reopening
9/30/70
_
3,390
3,386
45.Od
(Average)
8/
5/31/70 - Reopening
8/31/70
147d
2,494
_
_
208d
2,914
1,522
2,249
_
1,504
501
1,001
_
273d
365d
273d
365d
1,003
1,645
271d
365d
273d
365d
1,344
1,698
_
_
1,228
1,884
-
502
1,003
_
_
500
1,200
50d
3,404
_
1,753
I80d
5,627
1,614
1,904
276d
365d
1,001
1,725
_
8
_
4,683
3,307
1,758
275d
365d
ly 6m
3y 6m
7y
5y
3y
6y 9m
ly 6m
-
272d
365d
9 /2 4 /7 0
\
8 /3 1 /7 0
1 0 /1 5 /7 0
1 0 /2 3 /7 0
9 /3 0 /7 0
6.237%
6.216%
Bill
Bill
1 0 /1 /7 0
1-1/2%
Note
1 0 /2 1 /7 0
5.970%
Bill
1 1 /1 5 /7 0
7-1/4% Note
7-1/2% Note
f
6 /3 0 /7 0
^
IQ/
i
1 1 /1 5 /7 0
6.153%
6.072%
1 0 /2 7 /7 0
1 1 /5 /7 0
Bill
Bill
7/31/70
Bill
Bill
6-3/4% Note
-
2/15/72-C
_
-
_
6/
5/31/71 - Reopening
8/31/71
- 10/1/75-E0
-
-
6/22/71 - Tax ant. j>/
5/15/74-D
- 8/15/76-C Reopening 6/
_
7/31/71 - Reopening
10/31/71
-
365d
5/15/72-D
6/
18,819 12/
273d
365d
1,221
2,036
273d
365d
1,170
1,721
-
244d
3y 6m
5y 9m
271d
365d
iy 6m
1 0 /3 1 /7 0
Footnotes at end of1 table.
1 /1 6 /7 0
1,597
2,489
_
3y 6m
7y
ly 6m
5y
_
_
4,741
4,755
273d
6/30/71 - Reopening
9/30/71
-
_
6.510%
6.396%
_
1,243
1,774
Bill
Bill
5 /3 1 /7 0
10,744 12/
1,293
2,401
274d
365d
6 .i+67%
6.380%
8 /1 7 /7 0
_
_
-
1,213
2,291
4 /3 0 /7 0
f
_
_
-
273d
365d
273d
8 /5 /7 0
500
1,201
500
1,005
-
257d
8 /2 5 /7 0
2,121
2,007
3/22/71 - Tax ant. j>/
6/
_
_
-
3,004
500
1,003
1,007
4/22/71 - Tax ant. j?/
4/30/71 - Reopening
7/31/71
-
3,751
-
-
8 /1 5 /7 0
2,924
_
_
-
8 /5 /7 0
-
4,262
Bill
2/15/74-C
8/15/77- B
2,924
236d
Bill
-
-
_
_
2,257
1,839
1,856
_
(Continued on following page)
5,593
1,222
2,006
5,254
_
3,139
2,264
-
_
-
_
_
_
2,257)
1,839) 11/
1,856J
_
_
100
_
-
-
8
_
-
_
-
3,679
500
1,200
4,683 >
3,307J
19/
7,065
w
100
1 5 /
-
501
1,201
_
-
2,516
2,261
-
_
500
1,202
-
*
3,139 1 1 A /
2r264 i 2/
190 17/
J
_
100
18 /
-
-
501
1,202
30
-
30
-
2,515
-
4,505
2,511
-
_
100
-
500
1,200
501
1,204
100
-
500
1,201
3,190
7/
4,176\
1,160 > 2/
1,683J
42
500
1,002
_
Allot
ment
ratio
_
_
-
190d
5y
6 .50^
_
(In million of dollars)
_
1,763
1,752
_
500
1,202
-
4,176
1,160
1,683
42
7 /8 /7 0
7-3/4% Note
7-3/4% Note
7-1/2% Note
In exchange
4/
_
_
3,180
ly 7jm
3y 7jm
6y 10^-m
7 /2 3 /7 0
8 /1 5 /7 0
For
cash
273d
365d
7 /2 /7 0
7 /3 1 /7 0
Exchange
Amount issued 2/
1,312
1,982
1,258
1,950
7 /1 6 /7 0
7 /2 3 /7 0
Cash
157d
248 d
ly 6m
"Strip" of 7
series
Amount of i
sub
scriptions tendered
-
4,505 \
2,511 / 12/
100
s
-
501
1,201
-
-
2,037
-
20/
August 1972
33
PUBLIC DEBT OPERATIONS.
Table PDO-4. - Offerings o f Public Marketable Securities Other than
Regular Weekly Treasury Bills - (Continued)
Date subscrip
tion books
opened or bill
tenders re
ceived
11/24/70
Issue
date
f
|11/30/70
4-695%
Bill
9/30/70
12/31/70
” 2/15/71
2/15/71
4.949%
4 .886%
Bill
Bill
Note
Note
_
-
10/31/70
1/31/71
4.269% Bill
4.249% Bill
3.281% Bill
11/25/70
12/23/70
1/21/71
1/26/71
2/11/71
2/23/71
f 11/30/70
\ 2/28/71
3/24/71
7/23/70
3/25/71
fl2/3l/70
^ 3/31/71
3/31/71
10/
4/1/71
1/31/71
4/30/71
4/27/71
5/15/71
5/15/71
4/29/71
5/19/71
5/26/71
Description of securities 1/
-
8 /3 1 /7 0
f 2/28/71
^ 5/31/71
Period to final
maturity
(years, months,
days) 2/
5.184/o Bill
5 .010% Bill
5-7/8%
6-1/4%
3.691%
3.675%
Bill
Bill
3.671=% Bill
3.507%
3.587%
Bill
Bill
3.811%
Bill
1-1/2%
Note
Bill
Bill
Note
5%
5-3/4% Note
4.099% Bill
4.403%
4.422%
4 .688%
4.790%
-
8/31/71 - Reopening
11/30/71
9/30/71 - Reopening
12/31/71
"Strip" of 7
series
21/
10/31/71 1/31/72
_
-r
_
-
Bill
Bill
-
"Strip" of 11
series
24/
4/1/76-EA
1/31/72 - Reopening
4/30/72
6/24/71
-
3/31/72 - Reopening
6/30/72
6/30/71
7/6/71
5.033%
Bill
-
9/21/71 - Tax ant. j>/
7/27/71
8/5/71
'8/16/71
f
8/24/71
5/31/71
( 8/31/71
8/31/71
9/8/71
9/22/71
IQ/
10/15/71
10/26/71
10/28/71
11/9/71
f 6/30/71
^ 9/30/71
10/1/71
10/22/71
6-1/4% Note
-5.242% Bill
5.279% Bill
1*1/2% Note
_
-
5-7/8% Note
-
4.496%
4.490%
Bill
Bill
_
"
fll/15/71
<11/15/71
6%
6-1/8%
Note
Bond
11/15/71
4-7/8%
7/31/71
10/31/71
{
11/15/75-D
8/15/81
6/
6/
2/15/75-E
12/1/71
.4.558%
Bill
-
12/8/71
12/13/71
_
-
500
1,200
_
-
128d
5,080
-
2,206
-
27
_
3,452
3,231
-
(Average)
5y
276d
366d
4y
10y
54.5d
273d
366d
3,093
1,682
2,347
4,028
275d
366d
1,302
2,152
77d. 3,886
_
195
272d
366d
6/
501
1,201
_
500
1,199
1,204
_
*
-
J
7,679 ' 22/
8,389
_
_
&
1,544
2,262
274d
366d
3,407
1,370
2,220
4/21/72 -
Tax ant. j?/
-
2,285
500
1,200
_
-
-
1,752
3,1151
612
_
_
11
4,615
273d
1,524
366d ' 2,385
_
24 28/
-
_
8,207
1,192
1, 500 2k/
4,041
1,608
_
-
-
-
■ ly 3m
8/31/72 - Reopening
11/30/72
28/
500
1,200
_
-
_
195
501
1,202
2,514
500
1, 200
1,283
500
1,201
2,045
500
1,200
_
-
-
-
100
2,768
1,500 2k/
15/
24
r
275d
366d
1,528
2,099
-
500
1,201
-
14 2d
4,778
-
2,506
-
-
6/21/72 -
Tax ant. _5/
19Id
4,383
-
2,010
-
r 12/1 /7 1
114d
3,589
_
1,526
_
^12/13/71
4.056%
Bill
-
4/21/72 - Reopening
Tax ant. 5/
6/21/72 - Reopening
Tax ant. 5/
175d
2,737
-
1,016
-
12/28/71
f 9/30/71
^12/31/71
•3.930%
3.927%
Bill
Bill
"
9/30/72 - Reopening
12/31/72
274d
366d
1,488
2,290
_
-
501
1,200
_
-
1/25/72
f 10/31/71
i3.891% Bill
3.936% Bill
_
10/31/72 1/31/73
Reopening
274d
366d
1,506
2,204
_
-
500
1,200
_
-
2,802
2,131
66
^ 2/15/72
Footnotes at end of table.
5-3/4% Note
6-3/8% Bond
_
2/15/76-E
2/15/82
4y 3m
10y
(Continued on following page)
_
66
00: /
20/
22/
8,207 \ 00 /
1,192
_
f 2/15/72
21/
_
11
Bill
1/27/72
100
W
_
3.846%
1/31/72
100
27/
3,115 ’i OQ /
612 1 29/
/
4.273% Bill
12/22/71
100
27
*
3,452 ’I OA /
/ 25/
3,231^
500
1,201
-
1,583
2,300
274d
366d
5y
7y
I5y
_
-
4,136
5y 2^m
3y 3~3/4m
1,449
2,223
_
3m
7/31/72 - Reopening
10/31/72
2/15/73-D
11/24/71
1,491
2,177
ly 6m
6/
6/30/72 - Reopening
9/30/72
10/1/76-E0
-
Bill
Bill
275d
366d
5/31/72 - Reopening
8/31/72
Note
4.580%
4.563%
2,001
_
_
ly 4im
2/15/73-c
-
f 8/31/71
Ul/30/71
_
_
501
1,201
23d
1,442
2,194
5,095
4/30/72 - Reopening
7/31/72
11/15/78-B
11/15/86
_
11/23/71
11/15/72-F
ll/l5/76-D
-
274d
366d
2/29/72 - Reopening
5/31/72
Note
5.944% Bill
5.953% Bill
6-1/2% Note
5,090% Bill
J5.125% Bill
4,065
8/15/72-E
ly 3m
ll/15/74-A - Reopening 6/ 3y 6m
"Strip1' of 8
series
(Average)
26/
Bill
Bill
k4/30/71
7/31/71
107.5d
7,679
8,389
_
_
_
-
_
12/31/71 - Reopening
3/31/72
5.425%
5.567%
7/22/71
272d
365d
1,285
1,810
4/22/71 - Reopening
Tax ant. 5/
6%
Note
Bond
(In millions> of dollars )
501
1,200
_
2,105
1,404
2,952
11/30/71 - Reopening
2/29/72
6/29/71
7%
7%
u
Allot
ment
ratio
(Average)
f 3/31/71
( 6/30/71
’8/15/71
8/15/71
In exchange
273d
365d
Reopening
6/22/71
_
Exchange
For
cash
57d
(Average)
22/
Cash
Amount issued j>/
1,323
1,854
3,560
4y 6m
7y
8/15/75-C
2/15/78-A
"Strip" of 6
series
-
274d
365d
Amount of sub
scriptions tendered
_
2,802 ^\0/:/
2,131 [22/
100
Treasury Bulletin
34
PUBLIC DEBT OPERATIONS
Table PDO-4. - O fferings o f Public Marketable Securities Other than
Regular W eekly Treasury Bills - (Continued)
Date subscrip
tion books
opened or bill
tenders re
ceived
Issue
date
11/30/71
2/29/72
2/22/72
Description of securities 1/
Bill
4.091% Bill
3.405% Bill
3/1/72
11/30/72 - Reopening
2/28/73
"Strip" of 15
series
27/
12/31/72
Reopening
3/31/73
Period to final
maturity
(years, months,
days) 2/
275d
365d
(Average)
3/24/72
f 12/31/71
3/28/72
4/3/72
5-7/8% Note
5/15/75-F
3y
10/
4/1/72
1-1/2% Note
4/1/77-EA
5y
4/25/72
f 1/31/72
4/30/72
4.234% Bill
4.362% Bill
^
3/31/72
4.512% Bill
4.661% Bill
5/23/72
5/15/72
2/15/72
2/29/72
5/31/72
4-3/4%
6-3/8%
4.367%
4.465%
Note
Bond
Bill
Bill
1/31/73 - Reopening
4/30/73
5/15/73-E
2/15/82 - Reopening
Reopening
2/28/73
5/31/73
6/23/72
3/31/72
6/30/72
4.754% Bill
4.853% Bill
7/25/72
4/30/72
7/31/72
4.731% Bill
4.918% Bill
7/27/72
8/15/72
8/15/72
8/15/72
5-7/8% Note
6-1/4% Note
6-3/8% Bond
5/2/72
Amount of sub
scriptions tendered
Cash
1,526
1,915
Exchange
Amount issued 2/
In exchange
4/
For
cash
(In millions of dollars)
500
1,200
3,065
73d
6,430
275d
365d
1,534
501
2,320
1,201
3,845
1,776
1,468
2,455
3,377
1,200
l-l/2m
275d
365d
ly
9y 9m
28/
500
2,514
1,306
1,279
505
501
273d
365d
1,615
2,150
3/31/73 - Reopening
6/30/73
274d
365d
1,282
501
1,961
1,201
4/30/73 - Reopening
7/31/73
2/15/76-F
8/15/79-A
8/15/84
273d
365d
1,526
2,850
500
1,201
3y 6m
7y
I2y
Allot
ment
ratio
4,96lp
4,546p
41p 28/ 2,311p
2,514 J 2/
40/
41/
1,200
41p
4 ,961pi
4,546pU2/
2,3HP|
100
Source:
Bureau of the Public Debt.
23/ Sale of a "strip" of Treasury bills consisting of an additional $201
l/ For bill issues, always sold at auction, the rate shown is the equiv
million of series maturing May 27, June 3, 10, 17, and 24, and
July 1, 1971.
alent average rate (bank discount basis) on accepted bids. Other
securities issued at par except those bearing footnote 6 . For details
2/±/ Sale of a "strip" of Treasury bills consisting of an additional $201
million of weekly series maturing from July 8 through September 16,
of bill offerings see Table PD0-2.
1971.
2/ From date of additional issue in case of a reopening.
2/ In reopenings the amount issued is in addition to the amount of
25/ Includes $1,457 million of the 5% notes and $1,046 million of theoriginal offering.
5-3/4% notes allotted to Federal Reserve banks and Government accounts.
i j For securities exchanged for the new issues see Table PD0-7.
26/ Sale of a "strip" of Treasury bills consisting of an additional $201
5/ Tax anticipation bill, accepted at face value in payment of income
million of weekly series maturing from June 24 through August 12, 1971.
taxes due on the 15th of the month in which the bills mature.
27/ Sold at auction through competitive and noncompetitive bidding. Prices
6/ Price at which issued appears in Table PD0-5.
accepted ranged from 100.38 (yield 5.71%) down to 99.93 (yield 6.05%)
7/ Includes $125 million allotted to Federal Reserve banks and Government
with the average at 100.00 (yield 6 .00%).
accounts.
28/
Cash subscriptions were accepted only from individuals in amounts of
8/ Sale of a "strip" of Treasury bills consisting of an additional $303
$10,000 or less.
million of series maturing on September 18 and 25, and October 2, 9,
29/ Includes $592 million of the notes and $351 million of the bonds
16, 23, and 30, 1969.
allotted to Federal Reserve banks and Government accounts.
9/ Includes $565 million of the 8% notes, $125 million of the 7-3/4%
30/ Sold at auction through competitive and noncompetitive bidding. Prices
notes, and $564 million of the 7-l/2% notes, allotted to Federal
accepted ranged from 100.08 (yield 6 .44%) down to 99.87 (yield 6 .59%)
Reserve banks and Government accounts.
with the average at 99.94 (yield 6 .54%).
10/ Exchange offering available to owners of nonmarketable 2-3/4% Treasury
31/ Sold at auction through competitive and noncompetitive bidding. Prices
bonds, Investment Series B-1975-80, dated April 1, 1951. For further
accepted ranged from 101.44 (yield 5.92%) down to 101.00 (yield 6 .02%)
information on the original offering see Treasury Bulletin for April
with the average at 101.14 (yield 5.98%).
1951, page A-l. Amounts shown are as of July 31, 1972.
32/ Sold at auction through competitive and noncompetitive bidding. Prices
11/ Includes $292 million of the 8-1/4% notes, $288 million of the 8-1/8%
accepted ranged from 101.25 (yield 5.46%) down to 100.80 (yield 5.61%)
notes, and $458 million of the 8% notes, allotted to Federal Reserve
with the average at 100.89 (yield 5.58%).
banks and Government accounts.
33/ Includes $2,925 million of the notes and $673 million of the bonds
12/ Includes $2,421 million of the 7-3/4% notes and $2,125 million of the
allotted to Federal Reserve banks and Government accounts.
8% notes allotted to Federal Reserve banks and Government accounts.
34/ Issued to Federal Reserve banks and Government accounts in exchange for
13/ Payment for subscriptions allotted could be made In cash or in
securities maturing November 15, 1971.
Treasury bonds or notes maturing on the issue date of the new security.
35/ Sold at auction through competitive and noncompetitive bidding. Prices
14/ Consists of allotments paid for with Treasury bonds or notes maturing
accepted ranged from 100.10 (yield 4.79%) down to 99.90 (yield 4.96%)
on issue date of new security.
with the average at 99.96 (yield 4.91%).
15/ All subscriptions were allotted in full. Subscriptions for Government
36/ Includes $421 million of the notes and $554 million of the bonds
accounts and Federal Reserve banks totaled $7,005 million.
allotted to Federal Reserve banks and Government accounts.
16/ Includes $151 million of the 2/15/74-C notes and $479 million of the
37/ 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.
8/15/77-B notes allotted to Federal Reserve banks and Government
accounts.
38/ Sold at auction through competitive and noncompetitive bidding. Prices
17/ This is amount of bonds and notes maturing August 15, 1970 exchanged
accepted ranged from 100.50 (yield 5.69%) down to 100.20 (yield 5.80%)
with the average at 100.26 (yield 5.78%).
by Federal Reserve banks and Government accounts.
18/ Subscriptions from the public for $200,000 or less were allotted in
39/ Issued to Federal Reserve banks and Government accounts In exchange
for notes maturing May 15, 1972.
full and those above that amount were allotted 9-l/2% but not less
than $200,000.
^0/ Sold at auction through competitive and noncompetitive bidding.
19/ Includes $842 million of the 7-l/4% notes and $811 million of the
Prices accepted ranged from 100.50 (yield 4.23%) down to 100.27
7-l/2% notes allotted to Federal Reserve banks and Government accounts.
(yield 4.47%) with the average at 100.30 (yield 4.44%).
20/ Sold at auction through competitive and noncompetitive bidding. Prices
41/ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 101.06 (yield 6.23%) down to 100.37
accepted ranged from 100.93 (yield 6.09%) down to 100.69 (yield 6.26%).
(yield 6.32%) with the average at 100.60 (yield 6.29%).
21/ Sale of a "strip" of Treasury bills consisting oi an additional $301
million of series maturing on January 7, 14, 21, and 28, and February 4.
A2/ 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
1 1 , and 18, 1971.
Reserve banks and Government accounts.
22/ Includes $2,319 million of the 5-7/8% notes and $2,722 million of the
Preliminary.
6-l/4% notes allotted to Federal Reserve banks and Government accounts.
P
August 1972
35
PUBLIC DEBT OPERATIONS.
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations
Date of
financing
Description of securities
Amount issued
(In millions)
Average price
per hundred
Effective
interest
rate
6.55%
2/
7-3/4%
Note
-
Note
Note
-
Eligible securities exchanged
1973
6-1/2%
Note
2/15/73 -C
8/16/71
$2,514
$99.94
4-7/8%
Note
2/15/73-D
11/15/71
2,768
1,500
99.96
99.96
4.91
4.91
100.30
100.30
100.30
4.44
4.44
4.44
4-3/4%
6-3/4%
2/
11/15/71-G
4,268
4-3/4I
Note
5/15/73-E
2,382
132
1,279
5/15/72
_
5/15/72-B
5/15/72-D
2/
3,792r
7-3/4%
Note
ll/l5/73-A 1/
_
5/15/70
3,497
1,186
99.40
99.40
7.93
7.93
5-5/8%
6-3/8%
Note
Note
4,683
732
1,329
2,062
100.25
100.25
4.22
4.22
4-5/8%
3-7/8%
Note
Note
5,414
4,442
428
99.62
99.62
99.62
5.71
5.71
5.71
2/
4-1/4%
3-3/4%
Note
Bond
-
8/15/68-C
8/15/68
517
99.00
3.97
2-1/2%
Bond
-
11/15/61
1,860
1,371
99.60
99.60
5.81
5.81
5-1/4%
8%
Note
Note
507
1,107
929
433
2,977
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%
3-7/8%
Note
Bond
Note
Bond
1974
4-1/4%
Bond
5/15/74
5/15/65
5-5/8%
Note
8/15/74'-B
8/15/68
f
-
_
-
-
5/l5/70-B
5/1 5/70-C
5/15/65-A
5/15/65-C
10,284
3-7/8%
Bond
11/15/74 1/
11/15/61
5-3/4%
Note
11/15/74-A 1/
5/15/71
1975
5-3/4%
Note
2/15/75-A
2/15/68
C.
_
-
5/15/71-A
5/15/71-E
3,231
{
-
-
8/15/68-C
8/15/68
11/15/68-D
11/15/68
5-7/8%
Note
2/15/75-E
10/22/71
2,045
100.89
5.58
2/
5-7/8%
Note
5/15/75-F
<4/3/72
1,776
100.26
5.78
2/
7%
Note
11/15/75-D
8/15/71
1,407
1,708
99.80
99.80
7.06
7.06
8-1/4%
4%
Note
Bond
-
8/15/71-F
8/15/71
99.75
99.75
6.29
6.29
5-5/8%
4%
Note
Bond
-
2/15/69-A
2/15/69
2
1,109
571
99.50
99.50
99.50
7.61
7.61
7.61
1-1/2% Note
Bond
4%
2-1/2% Bond
11/15/70
1,683
2,511
100.50
7.48
5%
(.
_
3,115
197b
6-1/4%
Note
2/15/76-A
2/15/69
(
3,037
702
C
3,739
10/1/69
7-1/2%
6-1/4%
Note
8/15/76-C
_
10/1/69-E0
10/1/69
- 12/15/64-69
Note
-
11/15/70-A
-
8/15/70-D
8/15/70
Note
11/15/76-D
9/8/71
1,283
101.14
5.98
2/
Note
8/15/77-B
8/15/70
752
1,512
99.75
99.75
7.80
7.80
6-3/8%
4%
Note
Bond
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%
5%
3-7/8%
4%
Note
Note
Note
Note
Note
Bond
Bond
1977
7-3/4%
2,264
1978
6%
Note
11/15/78-B
11/15/71
633
3,109
1,446
602
841
509
1,067
8,207
Footnotes at end of table.
(Continued on following page)
_
-
-
11/15/71-B
11/15/71-G
5/15/72-B
5/15/72-D
8/15/72-E
11/15/71
8/15/72
Treasury Bulletin
36
-
PUBLIC D E B T O P E R A T IO N S
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
(Tv' millions)
Average price
per hundred
Effective
interest
rate
Eligible securitiesi exchanged
1980
4%
Bond
2/15/80 1/
f 1/23/59
12/15/62
$884
34
*
$99.00
99.50
99.50
4.07%
4.04
4.04
2/
Series F & g savings bonds
2/
202
411
195
807
99.20
99.20
99.20
7.11
7.11
7.11
8-1/4%
4%
2/
5/15/72
505
100.60
6.34
2/
6/3/58
1,135
100.50
3.22
2/
11/15/71
98
487
187
58
36
268
58
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
101.00
101.00
101.00
.
{
34
1981
7%
Bond
8/15/81
8/15/71
{
s.
1982
6-3/8%
Bond
2/15/82 1/
1985
3-1/4%
Bond
5/15/85
Note
Bond
8/15/71-F
8/15/71
5-3/8%
7-3/4%
4-3/4%
6-3/4%
5%
3-7/8%
4%
2/
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
11/15/71
8/15/72
4.19
4.19
4.19
4%
3-1/4%
2/
Note
Note
8/15/62-B
8/15/62-G
1986
6-1/8%
Bond
11/15/86
<
I
1,216
1987
4-1/4%
Bond
8/15/87-92 1/
8/15/62
"
*
{
360
.
365
1988
4%
Bond
2/15/88-93
1/17/63
252
99.85
4.01
2/
1989
4-1/8%
Bond
5/15/89-94
4/18/63
300
100.55
4.09
2/
l/ Additional issue.
2/ Issued for cash.
*
**
Less than $^00,000,
Revised.
August 1972
37
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
U.S. Gov
ernment
In
accounts
exchange and
for
Federal
other
Reserve
securi
Banks 2/
ties
Amount issued
Date of
finaneing
Description of securities
For
cash
Commer Indi
cial
vidu
banks
als
y
U
Insur
ance
compa
nies
Mutual Corpo
sav
rations
ings
banks ,5/
Private
pension
and re
tirement
funds
State and local
governments 6/
Pension
and re
Other
tire
funds
ment
funds
Dealers
and
brokers
All
other
7/
8/15/74-B 8/
5,4U
4,870
4,811
2,474
434
83
180
330
55
21
158
974
764
5/15/70-B /
in/?';
1U/
/£j//Art f5-5/8% Note
|5-3/4% Note - ll/l5/74-A 27
_
7,793
2,329
5,336
1,043
1,351
786
128
23
71
25
14
11
61
180
17
1
55
9
154
24
243
180
364
47
8,764
3,739
6,188
2,833
1,435
551
199
53
51
12
53
7
101
12
31
13
3
2
253
11
147
159
303
87
2,329
2,697
264
473
1,215
1,245
95
39
24
41
22
28
89
159
3
4
1
2
160
49
174
570
282
87
8/15/68
5-5/8% Note _
-
9/1
£)/AQ
S-y/
ov
<6-3/8% Note _
16-1/4% Note -
5/15/70-C
2/15/76-A
/l /AO
<6-3/8% Note _
|6-l/2% Note -
8/15/70-D
5/15/76-B
-
7-3/4% Note -
2/15/71-D
-
2,924
125
1,438
301
38
52
62
31
6
150
537
I84
(5%
Note _
10/1/69 <7-3/4% Note 17-1/2% Note -
5/15/71-E
5/15/73-A
8/15/76-C
_
4,176
1,160
1,683
564
125
564
2,111
660
476
217
87
96
65
23
29
42
8
8
254
12
31
15
4
8
11
3
11
276
37
24
240
136
380
381
65
56
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
3
6
6
2
13
125
97
77
86
241
345
245
105
64
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
8
6
10
1
1
2
297
90
55
270
157
146
364
311
65
-
3,139
2,264
150
479
1,929
967
166
74
38
29
38
22
62
35
6
20
2
6
167
47
335
513
248
72
3,190
190
190
1,664
656
13
43
78
18
3
110
269
325
-
4,505
2,511
838
811
2,481
1,033
292
94
44
24
37
10
61
40
13
7
4
2
393
22
343
392
205
77
2,037
-
-
1,593
119
2
4
11
3
*■
4
198
104
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
-
-
2,071
19
2
3
8
2
•*
2
68
111
195
3,115
613
592
351
1,542
112
130
210
59
8
35
9
37
8
9
2
3
2
94
6
405
76
209
24
2/15/73-C
2,514
-
-
2,036
57
2
5
36
2
*
52
272
52
6-1/4% Note - 11/15/76-D
1,283
-
-
1,046
15
2
1
5
1
*
21
125
67
2/15/75-E
2,045
-
-
1,833
9
1
1
35
1
1
14
46
104
2,768
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
2,802
2,131
420
554
1,446
85
221r
23
79
26
29
36
27
5
21
1
26
85
46
558
296
117
121r
4
*
-X-
24
1
70
x
*
1
*
*
1
4
L
2
1
10
125
54
26
10
8/15/69
_
j8-l/4% Note
2/15/70 <8-1/8% Note ^8%
Note -
_
_
-
-
8/15/71-F
8/15/73-B
2/15/77-A
_
-
-
11/15/71-G
(7-3/4% Note
5/15/70 <7-3/4% Note 5/15/73-A 2/
18%
Note - 2/15/77-A 2/
_
&/Ji-2
^//nr\
o/
/u
(7-3/4% Note _
V7-3/4% Note -
2/15/74-C
8/15/77-B
8/17/70
7-1/2% Note -
2/15/72-C
_
i
n /ic /nc\
1±/Lj/
/U /7-l/4% Note
17-1/2% Note -
5/15/74-D
8/15/76-C
11/16/70
6-3/4% Note -
5/15/72-D
2/15/71
(5-1/8% Note
<6-1/4% Note -
8/15/75-C
2/15/78-A
5/15/71
(5%
Note _ 8/15/72-E
15-3/4% Note - 11/15/74-A 2/
3,679
-
_
/
_
_
-
_
6%
Note - 11/15/72-F
2,285
ft /~ly/
\^/m
o/
/I /7%
17%
Note _ 11/15/75-D
8/15/81
Bond -
_
6/29/71
8/16/71
9/8/71
10/22/71
11/15/71
6-1/2% Note -
5-7/8% Note -
(4-7/8% Note _ 11/15/73-D
/6%
Note - ll/15/78-B
16-1/8% Bond 11/15/86
O /~\c. /*/72
0 (5-3/4% Note _
2/1!?/
16-3/8% Bond 5-7/8% Note 4/3/72
5/15/72
£.-3/4% iNlote
\6-3/8% Bond -
5/15/76-E
2/15/82
-
24
_
66
111
5/15/75-F
1,776
-
-
1,605
15
1
5/15/73-E
2/15/82 9/
1,279
505
2,514
-
2,514
-
1,231
353
6
15
*
■*
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% Treasury 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.
4/ Includes partnerships and personal trust accounts.
5/ Exclusive of banks and insurance companies.
6/ Consists of trust, sinking, and investment funds of State and local
governments and their agencies.
7/ 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.
8/ Offerings subject to allotment, were made for the purpose of paying
off maturing securities in cash. Holders of the maturing securities
were not offered preemptive rights to exchange their holdings but
were permitted to present them in payment of exchange, In whole or
in part, for the new issues.
9/ Reopening of earlier issue.
* Less than $500,000.
r Revised.
38
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table PDO-6. - Allotm ents 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
financing
Date of
maturity
7(/i±0/
A/Ao
Oy
f 12/22/69
Average
rate
One-year
series
9-month
series
1/
Tax anti
cipation
series
Allotments by investor classes
U.S. Gov
ernment
Commer
accounts
and Federal cial
banks
Reserve
Banks 2/
Corpo
rations
3/
Dealers
and
brokers
1
3
1
12
*
*
All
other b/
(Percent)
7!//"j5±/oy
3i /Aa
\ 3/23/70
/ 4/30/70
\ 7/31/70
6.775
7.202
1,763
1,752
500
7.407
7.313
7.387
7.340
1,201
1,005
1,202
1,733
1,722
171
349
190
427
75
350
139
322
2,004
2,971
161
128
0/J511//Aq
DV
j 5/31/70
a /-j2n
V/
>u//Aa
oy
7.357
7.350
10/14/69
f 6/30/70
\ 9/30/70
4/22/70
7.284
2,007
-
10/29/69
6/22/70
7.204
3,004
i
n j)!//Aa
iu/
oy
r 7/31/70
10/31/70
7.244
7.127
11 /?A
XX/
cO//Aq
0^7
^ 4/22/70
6/22/70
7.014
7.975
1-|/-^n/fU7
iQ
XX/
K 8/31/70
11/30/70
12/31/69
J 9/30/70
\ 12/31/70
7.777
7.591
7.801
7.561
125
312
139
287
1
X/
/70
/U
| 8/31/70
J 10/31/70
< 1/31/71
7.724
7.533
6.995
6.932
500
_
150
367
180
348
500
500
1,003
1,007 5/
1,504 5/
501
1,001
500
9/22/70
6.549
6.177
r 12/31/70
< 3/31/71
6.101
6.132
1,201
f
6.843
6.814
1,200
■3
J/
/*fV
7n
j /?n/7n
1/31/71
{ 4/30/71
5/TI /70
J 2/28/71
( 5/31/71
A/qn/7D
/ 3/31/71
\ 6/30/71
7/8/70
3/22/71
7/23/70
4/22/71
7/31/70
7.353
7.277
7.068
7.079
6.452
10/21/70
J 6/30/71
< 9/30/71
6/22/71
6.237
6.216
5.970
J_U/^-L/ /u
7/31/71
10/31/71
6.153
6.072
1,201
11
/nc\
JlA.//^n
j>v/
/u
8/31/71
11/30/71
9/30/71
l12/31/71
10/31/71
1/31/72
5.084
5.010
1,201
4.949
4.886
1,201
1L9^//^5
iJL/
/^n
_
/U
1
X//T1
JJ-//7(1
X
2/28/71
^11/30/71
2/29/72
4.269
4.249
3.691
3.675
125
315
141
179
12
22
I64
546
58
138
501
125
333
-
145
324
6
19
-
170
396
55
129
-
20
17
11
15
5
22
33
5
500
1,199
501
1,201
2,001 5/
/ 1/31/72
\ 4/30/72
4.403
4-422
1,200
.
.
5/31/71
f
t
/
t
4.688
4.790
1,201
5.425
5.567
1,200
Footnotes at end o f ta b le .
500
501
t /on
4/
3U//nt~xi
0/^u/ /X
29
161
501
1,200
2/29/72
5/31/72
3/31/72
6/30/72
9
2,515
3.671
8
47
146
501
3.507
3.587
32
178
194
438
170
398
501
4/22/71
201
600
133
317
176
303
1,202
f 12/31/71
1 3/31/72
25
180
126
279
125
336
501
'i. /'l~
\ /7
3/
31/
/1I
I84
266
-
500
3/30/71
23
118
-
2,261
Q /^n /7H
194
318
1
21
*2
2,517
1,204
10
2
-
1,201
6.510
6.396
47
123
5
7
1,749
1,200
J 5/31/71
{ 8/31/71
254
336
13
102
1,745
500
0/s>s.//^n
(\J
3
33
-
500
1,202
201
450
_
-
106
151
1,753 5/
1,758
f 4/30/71
t 7/31/71
*
11
*
27
150
269
500
1,200
6.504
6.467
6.380
19
135
16
14
11
2
502
3/3/70
266
190
157
305
77
215
1,003
3/26/70
61
228
1
8
116
259
200
328
1,002
f 11/30/70
< 2/28/71
4/22/70
<CO/ /u
1,002
1,497
12
7
168
391
97
309
29
27
10
83
21
110
2,483
2,256
-
252
41
159
454
153
446
-
162
409
125
317
150
373
200
377
167
304
160
339
211
211
1
17
152
358
10
38
11
12
188
419
119
560
133
246
11
26
119
393
205
427
137
310
10
21
123
385
37
157
26
58
170
447
156
414
100
383
-
49
59
160
216
224
250
2,510
9
638
15
105
19
101
5
19
113
18
88
10
45
-
798
11
1,180
12
500
200
498
127
209
252
562
173
38
500
200
484
125
473
65
233
15
250
162
414
10
360
5
45
500
6
34
*
7
8
11
226
435
51
21
195
324
5
21
124
229
51
153
500
(Continued on following page)
August 1972
39
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/
(Percent)
7/6/71
9/21/71
5.033
7/31/71
f 4/30/72
\ 7/31/72
5.944
5.953
5.090
5.125
8/31/71
j 5/31/72
^ 8/31/72
Allotments by investor classes
U.S. Gov
ernment
Tax anti accounts
cipation
and Federal
series
Reserve
Banks 2/
1,752
175
540
500
250
407
500
175
425
150
517
200
345
136
217
147
200
20
46
1
2
192
392
11
21
80
411
17
32
2,506
-
2,090
-
400
16
-
2,004
-
-
6
-
1,520
1,012
_
6
4
6/21/72
4.273
2,010
f 4/21/72
3.846
4.056
1,526 5/
1,016 5/
f 9/30/72
1,201
500
1,200
500
1,201
3.930
3.927
1,200
ZlO/31/72
\ 1/31/73
h 1/30/72
\ 2/28/73
n.2/31/72
\ 3/31/73
3.891
3.936
1,200
4/30/72
/ 1/31/73
4/30/73
4.234
4.362
1,200
5/31/72
r 2/28/73
V 5/31/73
4.367
4.466
1,200
6/30/72
f 3/31 /73
^ 6/30/73
4.754
4.853
1,201
7/31/72
f 4/30/73
4.723
4.918
1/31/72
2/29/72
3/31/72
U2/31/72
^ 7/31 /73
3.862
4.091
4.512
4.661
4
11
109
5
38
184
374
1
464
182
442
1,200
4.558
12/31/71
_
-
5
21
1,202
4/21/72
\ 6/21/72
All
other b/
94
219
12/1/71
12/29/71
Dealers
and
brokers
6
15
11/30/71
12/13/71
Corpo
rations
3/
215
319
56
360
f 7/31/72
110/31/72
f 8/31/72
{ 11/30/72
10/31/71
f 6/30/72
\ 9/30/72
1,748
-
501
5.242
5.279
4.496
4.490
4.580
4.563
9/31/71
Commercial
banks
'
168
49
20
39
501
150
468
128
198
10
11
109
482
104
41
500
150
558
68
334
*
12
216
244
66
5'2
500
125
424
150
543
150
695
103
345
112
297
5
10
15
16
123
384
135
232
*
83
210
144
37
89
113
116
24
501
175
553
50
342
185
270
91
25
501
150
496
149r
412r
126
241
70r
41r
500
75
627
99
192
1,200
501
1,201
500
1,201
Source:
Based on subscription and allotment reports. For detail of
offerings see Table PDO-4.
l/ Reopening of one-year series.
2/ Includes trust funds and accounts that comprise Government accounts
under the unified budget concept.
2/
l±/
5/
r
151
271
*
10
6
11
10
12
173
337
143
33
Exclusive of banks and insurance companies.
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.
* Less than $500,000.
Revised.
Treasury Bulletin
40
PUBLIC DEBT OPERATIONS,
Table PDO-7. - Disposition o f Public Marketable Securities
Other than Regular Weekly Treasury Bills
Called or maturing securities i f
Date of
refunding
or retire
ment
Description
Disposition offers
by Treasury
Issue
date
Amount
out
standing
Results of ex
change offers
Cash
Exchange
Ex
security
retire
changed
offered
ment
(in millions of dollars)
1,001 \
502 W
7/31/69
5 .310%
5.446%
5.907%
Bill Bill Bill -
7/31/69
7/31/69
7/31/69
7/31/68
7/31/68
7/31/68
1,001
502
200
8/15/69
6%
Note -
8/15/69-C
5/15/68
3,366
8/31/69
5.151%
5.693%
5.907%
Bill Bill Bill -
8/31/69
8/31/69
8/31/69
8/31/68
8/31/68
8/31/68
1,000
505
200
1,000 \
505 72/
9/30/69
5.108%
6.483%
Bill Bill -
9/30/69
9/30/69
9/30/68
9/30/68
1,001
500
1,001 ^ ,
500
1-1/2%
Note -
10/1/69-E0
10/1/64
159
159
51 j
13
2!
Bond
10/1/69
10/1/57
6,240
6,240
3,164 1
869
1,109J
Bond
12/15/69
9/15/43
2,484
2,484
961 |
279
571 I
10/1/69
( 4%
2-1/2%
200J
3,366
2,924
7,020
10/31/69
5.401% Bill
6.195% Bill
10/31/69
10/31/69
10/31/68
10/31/68
1,002
11/30/69
5.567% Bill
6.307% Bill
11/30/69
11/30/69
11/30/68
11/30/68
1,001
12/15/69
12/22/69
2-1/2% Bond
6.775% Bill
12/15/69
12/22/69
9/15/43
7/18/69
673
1,763
12/31/69
6.412% Bill
6.059% Bill
12/31/68
12/31/68
501
1/31/70
6.144% Bill
5.976% Bill
12/31/69
12/31/69
1/31/70
1/31/70
1/31/69
1/31/69
1,000
2/15/70
1/15/65
4,381
4,381
3/15/70
2/1/,4
2,280
2,280
6,661
6,661
5,952
3,497
2,6 7 0 ^
500
500
442
Note -
D-1971
92
Note :7-3/4% Note [7-1/2% Note -
E-1971
A-1973
C-1976
1,097
Note '7-3/4% Note 17-1/2% Note -
E-1971
A-1973
C-1976
%
Note f7-3/4% Note 17-1/2% Note -
E-1971
A-1973
C-1976
1,190
Bond
Total.
2/28/70
3/15/70
3/23/70
3/31/70
4/1/70
4/22/70
4/30/70
6.235% Bill
6.307% Bill
2-1/2% Bond
7.202% Bill
"6.132% Bill
7'.387% Bill
1-1/2% Note
999
501 3/
1,000 I /
500 f2/
1,000
500
408
500
3/15/70
3/23/70
3/31/70
3/31/70
2/1/44
7/18/69
301
301
1,752
1,752 V
1,001
1,001
501 j 2/
2.007
1.007
1,753
2.007
1.007
1,753 }
4/30/70
4/30/70
4/30/69
4/30/69
1,001
1,001
500
500
5-5/8% Note
5/15/70
11/15/68
7,793
7,793
6-3/8% Note
5/15/70
2/15/69
8,764
8,764
16,557
16,557
4/1/65
5/31/70
6/22/70
Bill
Bill
^7.204% Bill
7.976% Bill
5/31/70
5/31/70
5/31/69
5/31/69
1,000
6/22/70
6/22/70
10/29/69
10/29/69
3,004
1,504
6.270%
7.387%
500
6/30/70
’7.342%
7.357%
Bill
Bill
6/30/70
6/30/70
6/30/69
6/30/69
1,201
7/31/70
"7.313%
7.244%
Bill
Bill
7/31/70
7/31/70
7/31/69
7/31/69
1,202
Footnotes at end of tab le.
8-1/4%
8-1/8%
8%
Note Note Note -
2,257
1,839
1,856
F-1971
B-1973
A-1977
F-1971
B-1973
A-1977
of 8-1/4% Note
of 8-1/8% Note
of 8%
Note
'
}
5/15/70
Total.
Note Note Note -
88
10/14/69
10/14/69
10/14/69
7 814%
.6.549%
5.9
7.407%
408
8-1/4%
8-1/8%
8%
1,000
4/1/70-EA
4/22/70
4/22/70
4/22/70
Bill
Bill
Bill
Bill
Bill
Note
Note
Note
673
1,763 }}/
2/28/69
2/28/69
501
of 8%
of 7-3/4%
of 7-
1,001 1 /
500 W
2/28/70
2/28/70
3/31/69
3/31/69
(4,176
1,160
)1,683
1,002
,
500 j2/
2/15/70
2-1/2%
7-3/4%
200J
Total.
500
Description of new
securities offered
(See also Table PDO-4)
Turned
in for
cash 2/
500
500
1,000
500
3,004 "
1, 504
1,201"
500
1,202 ’
500
(Continued on following page)
1,186 "
636
7,9'
1,625
Note Note -
A-1973
A-1977
6,941
Note Note -
A-1973
A-1977
8,566
14,683
5/ j‘
3,307
of 7-3/4% Note
of 8%
Note
August 1972
41
.PUBLIC DEBT OPERATIONS.
Table PDO-7. - Disposition of Public Marketable securities
Other than Regular Weekly Treasury Bills - (Continued)
Called or maturing securities l/
Date of
refunding
or retire
ment
Description
6-3/8%
Note
Disposition offers
by Treasury
Issue
date
Amount
out
standing
5/15/69
2,329
Cash
Exchange
Ex
retire
security
changed
offered
ment
(in millions of dollars)
I 1,272 ]
2,329
-
8/15/70
Bond
-
8/15/70
6/20/63
_
8/31/70
8/31/70
8/31/69
8/31/69
1,201
9/23/70
3/26/70
1,758
1,758
9/30/70
9/30/70
9/30/69
9/30/69
1,005
500
1,005] /
500J 2
10/1/65
113
10/31/69
10/31/69
1,003
502
113
1,003] /
502 f J/
8/15/70
4%
Total
L, 129
4,129
2,509
1,070]
1,086J
353
5-7/8%
6-1/4%
Note
Note
575
5-7/8%
6-1/4%
Note
Note
315
635
5-7/8%
6-1/4%
Note
Note
-
326'
441
5-7/8% Note
6-1/4% Note
-
,427]
,480 j
5-7/8% Note
6-1/4% Note
893 I
786
J
5-7/8% Note
6-1/4% Note
f
'5-7/8% Note
6-1/4% Note
3,375
387 ]
304 /
5-7/8% Note
6-1/4% Note
2,344
2,344
634 I
730 /
5-7/8% Note
6-1/4% Note
29,614
29,614
Bill
9/30/70
7.350%
7.801%
Bill
Bill
_
10/1/70
1-1/2%
Note
-
10/31/70
7.127%
7.724%
Bill
Bill
_
-
10/1/70-E0
10/31/70
10/31/70
11/15/70
5%
Note
-
ll/15/70-A
2/15/66
7,675
11/30/70
7.591% Bill
6.995% 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
500
1,002]
500J
1,003]
500J
_
501
500
12/31/70
7.561%
6.101%
Bill
Bill
1/31/71
7.533%
6.843%
Bill
Bill
_
-
1/31/71
1/31/71
1/31/70
1/31/70
1,003
500
5-3/8%
Note
-
2/15/71-C
8/30/67
2, 509
-
2/15/71-D
-
3/15/71
-
11/15/71-B
-
11/15/71-G
-
11/15/71
-
2/15/72-A
-
2/15/72-C
-
2/15/72
7-3/4%
Note
2-1/2%
Bond
5-3/8% Note
7-3/4% Note
8/15/69
1,201] /
501J 2/
y
l,00l]
500J
4,505 of 7-1/4% Note D-1974
2,511 of 7-1/2% Note C-1976
,
2,924
2,924
12/1/44
1,219
1,219
11/15/66
1,734
1,734
10,743
10,743
5/15/70
7-3/4% Note
C-1974
B-1977
^7-3/4% Note
of Note C-1974
1,055 6/ 3,139
of Note B-1977
2,264
749
660
6.177%
-
C-1974
B-1977
7,016
9/23/70
-
7-3/4% Note
,7-3/4% Note
7,675
Bill
Bill
_
306
5,404
7.340%
7.777%
-
I 752 j
f 1,868]
Description of new
securities offered
(See also Table PDO-4)
Turned
in for
cash 2/
6,458
6,458
8/31/70
-
Results of ex
change offers
1,028 ]
j
1,321
_
-
_
-
_
_
_
C-1975
A-1978
C-1975
A-1978
C-1975
A-1978
C-1975
A-1978
-
C-1975
A-1978
-
C-1975
A-1978
2/15/71
3-7/8%
Bond
4-3/4%
Note
7-1/2%
Note
4%
Bond
5/15/62
2/15/67
8/17/70
11/15/62
Total
2,760
2,760
2,006
2,006
3,375
2/28/71
6.932%
7.353%
Bill
Bill
-
2/28/71
2/28/71
2/28/70
2/28/70
1,200
500
1,200
500
3/15/71
2-1/2%
Bond
-
3/15/71
12/1/44
269
269
3/22/71
6.452%
Bill
-
3/22/71
7/8/70
2,517
2, 517 v
3/31/71
6.132%
7.068%
Bill
Bill
-
3/31/71
3/31/71
3/31/70
3/31/70
1,201
501
l,20l'
501
1-1/2% Note
-
4/1/71-EA
4/1/66
35
35
4/22/71
4/22/71
7/23/70
3/30/71
2,261
2,001
2,261
2,001
4/30/71
4/30/71
4/30/70
4/30/70
1, 200
500
1,200'
500 W
4/l/71
4/22/71
4/30/71
Bill
Bill
_
6.814% Bill
6.467% Bill
_
6.504%
3.671%
Footnotes at end o f tab le.
-
r
} 2/
}*
(Continued on following page)
600 "\
606
16,067
928
7,679
8,389
_
-
_
_
-
of 5-7/8%
of 6-1/4%
C-1975
A-1978
C-1975
A-1978
C-1975
A-1978
Note
Note
Treasury Bulletin
42
PUBLIC DEBT OPERATIONS
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
Called or maturing se cu ritie s
Date of
refunding
or retire
ment
l/
Issue
date
Description
D isposition o ffe rs
by Treasury
Amount
out
standing
Cash
retire
ment
(In
Exchange
security
offered
7.277%
6.510%
6/22/71
5.970%
6/30/71
7.C
6.237%
7/31/71
^6.380%
6.153%
4,265
5/15/71-E
10/1/69
4,1^6
4,176
f 1,672*1
\ 1,371J
1,133
8,442
8,442
6,682
1,759
1,200
501
1,206\„
a/
50ljJ
6/22/71
10/21/70
2,515
2,515 L
U
Bill
Bill
6/30/71
6/30/71
6/30/70
6/30/70
1,201
501
L,20i\,
50i h)2/
Bill
Bill
7/31/71
7/31/71
7/31/70
7/31/70
1,202
501
)2/
8/15/71
3/1/62
2,806
2,806
8/15/71-F
2/15/70
2,257
2,257
I +11]
f 1,407^1
< 202J
5,063
5,063
Note
Note
E-1972
E-1974
(5%
\5-3/4%
Note
Note
E-1972
A-1974
3,452 of 5% Note
3,231 of 5-3/4% Note
(
Note
Bond
D-1975
8/15/81
649
Note
Bond
D-1975
8/15/81
3,727
1,336
3,115 of 7% Note
612 of 7% Bond
f 1,708^
687
I7%
(
1,204
501
1 ,204\ /
9/21/71
7/6/71
1,752
1,752 U
9/30/71
9/30/71
9/30/70
9/30/70
1,202
1,2021^
10/1/71-E0
10/1/66
72
Bill
Bill
10/31/71
10/31/71
10/31/70
10/31/70
1,201
500
3-7/8%
Bond
11/15/71
5/15/62
1,081
1,081
509
268
304
r6%
6-1/8%
Note
Bond
B-1978
11/15/86
5-3/8%
Note
11/15/71-B 11/15/66
967
967
633
237
6%
6-1/8%
Note
Bond
B-1978
11/15/86
7-3/4%
Note
11/15/71-G
5/15/70
5,836
5,836
4-3/4%
Note
5/15/72-B
5/15/67
5,310
5,310
3,109
487
1,446 ‘
187
6%
6-1/8%
6%
6-1/8%
Note
Bond
Note
Bond
B-1978
11/15/86
B-1978
11/15/86
6-3/4%
Note
5/15/72-D
11/16/70
2,037
2,037
602
58 (
16%
16-1/8%
Note
Bond
4%
Bond
8/15/72
9/15/62
2,579
2,579
(6%
I6-1/8%
Note
Bond
5%
Note
8/15/72-E
5/15/71
3,452
3,452
|6%
i6-1/8%
Note
Bond
B-1978
11/15/86
B-1978
11/15/86
B-1978
11/15/86
21,262
21,262
Bill
Bill
9/30/71
6.215%
4.S
Bill
Bill
10/1/71
1-1/2%
10/31/71
*6.072#
4.369%
('
8/31/71
8/31/71
9/21/71
11/15/71
\5-3/4%
8/31/70
8/31/70
6.396%
5.C
8/31/71
< 1,860 ?
5/31/70
5/31/70
Note
626
4,265
8/15/71
8-1/4%
f 1,780^
8/15/66
5/31/71
5/31/71
Bill
Bill
Turned
in for
cash 2/
5/15/71-A
Total.
5/31/71
Ex
changed
Description of new
securities offered
(See also Table PDO-4)
millions of dollars)
5/15/71
Note
Results of ex
change o ffe r s
Total,..
501J
501
72
L,20lV^
500
2,240
1,067
58
841 '
36
9,399
2,781
(8,207 of 6% Note
11,192 of 6-1/8% Bond
11/30/71
5.010%
3.691%
Bill
Bill
11/30/71
11/30/71
11/30/70
11/30/70
1,201
501
l,20l\
50l|
12/31/71
4.886%
3.507%
Bill
Bill
12/31/71
12/31/71
12/31/70
12/31/70
1,201
500
1,2C)£\
50OJ
Bill
Bill
1/31/72
1/31/72
1/31/71
1/31/71
1,199
500
i,199\
500J
2/15/72-A
2/15/67
800
231
5-3/4%
6-3/8%
Note
Bond
-
E-1976
2/15/82
2/15/72-C
8/17/70
2,690
724
5-3/4%
6-3/8%
Note
Bond
-
E-1976
2/15/82
2/15/^2
11/15/62
980
310
5-3/4%
6-3/8%
Note
Bond
-
E-1976
2/15/82
8/15/70
2/15/74-C
1/15/65
2/15/74
5/15/74-D 11/15/70
5/15/64
5/15/74
3,139
3,125
4,505
3,577
3,139
3,125
4,505
3,577
18,816
18,816
1/31/72
4-3/4%
7-1/2%
Note
2/15/72
7-3/4%
4-1/8%
7-1/4%
4-1/4%
Note
Bond
Note
Bond
Total.
Footnotes at end o f ta b le .
8/
8/
8/
8/
•
.
■
.
fContinued on following page)
4,933
1,264
of 5-3/4% Note
Bond
of 6-3 '
August 1972
43
PUBLIC DEBT OPERATIONS
Table PDO-7. - D isposition o f Public Marketable Securities
Other than Regular W eekly Treasury Bills - (Continued)
Disposition offers
by Treasury
Called or maturing securities 1/
Date of
refunding
or retire
ment
Issue
date
Description
Amount
out
standing
Cash
retire
ment
2/29/72
3.675% Bill
4.688% 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*]
500J i/
A/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
4/30/72
4.422% Bill
5.944% Bill
4/30/72
4/30/72
4/30/71
4/30/71
1,201
501
l,20l]
501 /2/
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
1,294].>10/
l,245j;
5/31/72
4.7
5.C
Bill
Bill
5/31/72
5/31/72
5/31/71
5/31/71
1,201
500
1,20l"]
500j i/
1,226
-
2-1/2% Bond
6/15/72
6/1/45
1,226
6/21/72
6/21/72
6/21/72
12/13/71
12/13/71
2,010
1,016
,016j U
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
500 u
7/31/72
Bill
Bill
7/31/72
7/31/72
7/31/71
7/31/71
1,202
500
1,202*] /
500
8/15/72-E
5/15/71
2,574
Bond
2-1/2% Bond
6%
8/15/72
Note
^ 2-1/2% Bond
8/15/72
9/15/72
11/15/72-F
12/15/72
5-3/4% Note 8/
11/15/74-A
3-7/800 Bond 8/
11/15/74
9/15/62
10/20/41
6/29/7]
11/15/45
1,453
1,951
2,285
2,547
Ex
changed
Turned
in for
cash 2/
l,7l6p>)
6l2p }
15pJ
231p
<6-1/4%
]6-3/8%
Note
Note
Bond
378p
"5-7/8%
6-1/4%
6-3/8%
Note
Note
Bond
-
l,108p
l66p
221p
(5-7/8%
<6-1/4%
\6-3/8%
Note
Note
Bond
-
2,285
630p
197p
134p
(5-7/8%
<6-1/4%
|6-3/8%
Note
Note
Bond
-
2,547
809p ^
222p >
l64p J
(5-7/8%
<6-1/4%
]6-3 /8%
Note
Note
Bond
/6-l/4%
|^6-3/8%
Note
Bond
-
/6-l/4%
|^6-3/8%
Note
Bond
-
U
’4.273% Bill
4.056% Bill
4%
2,382
132 11/
,0 l6 \
)
2,574
1,453
1,951
124P
253p
11/15/67
7,212
7,212
""l,233p "]
. ^38P j
12/2/57
2,236
2,236
759p
? 26* J
5-3/4% Note 8/
2/15/74-A
5-7/8% Note 8/
2/15/75-E
Footnotes on following page.
2/15/68
10/22/71
Description of new
securities offered
(See also Table PDO4)
34
6/15/72
5%
Exchange
security
offered
Results of ex
change offers
_
-
_
-
_
-
-
_
_
_
5,148
5,148
678p''l
453P J
(*6-1/4%
|6-3/8%
Note
Bond
-
2,045
2,045
555p *]
268p J
/6-l/4%
|^6-3/8%
-
27,451
27,451
I
Note
Bond
11,8l8p
_
5-7/8% Note
546p of 6-1/4% Note
,2,311p 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-1979
8/15/84
A-1979
8/15/84
A-1979
8/15/84
Treasury Bulletin
44
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 Reser
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.
Rolled over into 9-month and one-year bills (see Table PDO-4).
i j Tax"anticipation issue: for detail of offerings beginning July 1969,
see Table PDO-4; for amounts redeemed for taxes and for cash see "Note"
below.
5/ Of this amount $909 million of the 5-5/8% notes and $6,156 million of
the 6-3/8% notes were submitted in payment for subscriptions allotted
for the 7-3/4% Treasury Notes of Series G-1971 which were offered on a
cash basis. Holders of the maturing notes were not offered preemptive
rights to exchange their holdings for the new notes. (For detail of
offerings see Table PDO-4).
6/ 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 secu
rities were not given preemptive rights to exchange their holdings for
the 7-1/2% notes.
7/ Federal Reserve banks and Government accounts exchanged $1,500 million
of the notes for 4-7/8% notes issued November 15, 1971.
8/ 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 (except to the extent
that cash is received) in the taxable year of disposition 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.
2/ The four securities due in 1974 were eligible to be exchanged only for
the 6-3/8% bonds.
10/ Public holders of these securities were not given preemptive rights to
exchange them but they could be used in payment for new securities al
lotted.
11/ Exchanged by Federal Reserve banks and Government accounts for 4-3/4%
notes issued May 15, 1972.
p
Preliminary.
Note: Information on retirement of tax anticipation issues referred to
in footnote 4 , m millions of dollars;
Date of
retirement
Securities
Total
amount
retired
Redeemed
for
taxes
464
1,299
425
1,327
Redeemed
for
cash
12/22/69
Bill
3/23/70
Bill
1,763
1,752
4/22/70
4/22/70
4/22/70
Bill
Bill
Bill
2,007^1
1,007 )
1,753 (
1,135
3,632
6/22/70
6/22/70
9/23/70
3/22/71
Bill
Bill
Bill
Bill
3,004A
1,504
1,758
2,517
J
1,222
3,286
750
457
1,008
2,060
4/22/71
Bill
2,261
2,001J
957
3,305
6/22/71
Bill
2,515
1,158
1,357
9/21/71
Bill
1,752
899
4/21/72
Bill
1,023
853
3,010
6/21/72
Bill
4,033
3,026
1,934
1,092
August 1972
45
PUBLIC DEBT OPERATIONS____________
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to O fficial Institutions o f Foreign Countries
(Payable m U.S. Dollars)
Amount
Month of
activity
Issue
date
Securities
Maturity
date
Interest
rate
Issued
(Percent)
Certificates of indebtedness
1969-July...........
<
I
\
L
Notes
f
\
p.
Certificates of indebtedness
Aug............
J
\
\
4/25/69
6/10/69
6/12/69
6/18/69
6/19/69
6/24/69
6/24/69
6/24/69
6/24/69
6/26/69
6/27/69
6/27/69
6/27/69
6/30/69
6/30/69
7/1/69
7/1/69
7/1/69
7/2/69
7/2/69
7/3/69
7/3/69
7/3/69
7/3/69
7/7/69
7/7/69
7/8/69
7/8/69
7/8/69
7/8/69
7/9/69
7/9/69
7/10/69
7/11/69
7/15/69
7/17/69
7/17/69
7/18/69
7/18/69
7/21/69
7/21/69
7/23/69
7/25/69
7/28/69
7/29/69
7/30/69
7/30/69
7/31/69
7/31/69
1/12/68
5/13/68
7/24/69
9/10/69
9/10/69
9/15/69
9/15/69
7/24/69
9/5/69
9/10/69
9/15/69
7/24/69
7/17/69
7/24/69
9/15/69
7/17/69
7/10/69
9/15/69
7/10/69
8/13/69
10/2/69
9/5/69
7/17/69
7/24/69
9/5/69
9/15/69
9/11/69
9/15/69
9/11/69
7/17/69
9/5/69
9/10/69
9/9/69
9/11/69
9/9/69
9/9/69
9/9/69
9/9/69
9/11/69
10/10/69
10/17/69
10/10/69
9/9/69
10/23/69
10/24/69
10/24/69
10/24/69
9/9/69
10/23/69
10/10/69
10/23/69
4/13/70'
3/13/70
5/21/69
6/27/69
7/1/69
7/3/69
7/7/69
7/18/69
7/18/69
7/21/69
7/25/69
7/28/69
7/29/69
7/31/69
8/1/69
8/1/69
8/4/69
8/4/69
8/5/69
8/5/69
8/5/69
8/5/69
8/6/69
8/7/69
8/8/69
8/11/69
8/11/69
8/11/69
8/11/69
8/11/69
8/12/69
8/13/69
8/14/69
8/15/69
8/18/69
8/18/69
8/19/69
8/19/69
8/21/69
9/15/69
9/15/69
9/15/69
9/15/69
10/10/69
10/17/69
10/10/69
10/24/69
10/24/69
10/24/69
10/10/69
9/15/69
10/10/69
9/15/69
10/10/69
9/15/69
9/11/69
10/10/69
9/16/69
9/16/69
9/11/69
9/16/69
10/10/69
10/17/69
10/24/69
9/12/69
9/16/69
11/12/69
11/13/69
11/13/69
9/12/69
11/14/69
9/12/69
11/14/69
11/13/69
(Continued on following page)
6.20
6.60
6.60
6.60
6.60
6.20
6.20
6.60
6.60
6.20
6.20
6.20
6.60
6.20
6.20
6.60
6.20
6.10
6.45
6.20
6.20
6.20
6.20
6.60
6.60
6.60
6.60
6.20
6.20
6.60
6.60
6.60
6.60
6.60
6.60
6.60
6.60
7.10
7.10
7.10
6.60
7.25
7.25
7.25
7.25
6.60
7.25
7.10
7.25
5.42
5.74
6.15
6.60
6.60
6.60
6.60
7.10
7.10
7.10
7.25
7.25
7.25
7.10
6.60
7.10
6.60
7.10
6.60
6.60
7.10
6.60
6.60
6.60
6.60
7.10
7.10
7.25
6.60
6.60
7.10
7.10
7.10
6.60
7.10
6.60
7.10
7.10
Retired
Total outstanding
end of month
(In millions of dcDllars)
_
_
_
_
_
_
_
_
_
_
_
_
41
25
1
35
8
1
30
20
9
14
5
13
7
2
18
12
3
19
5
6
3
8
1
30
21
13
21
4
6
4
16
11
14
12
_
_
_
_
_
_
_
_
_
-
46
5
6
6
4
7
3
1
2
14
28
13
20
16
13
10
16
6
14
4
33
20
4
14
13
7
23
16
17
12
30
5
8
3
13
2
15
17
10
_
25
1
35
8
1
30
20
-
14
^
1,643
)
1,627
13
7
2
18
12
3
19
5
6
3
8
_
6
13
16
_
_
_
16
_
_
25
*
7
89
41
9
5
1
20
15
4
6
4
6
46
6
-
4
7
_
1
2
14
28
10
-
6
13
10
16
-
4
33
20
4
~
Treasury Bulletin
46
PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to O fficial Institutions o f Foreign Countries -
(Continued)
(Payable in U.S. Dollars)
Amount
Month of
activity
Securities
Issue
date
Maturity
date
Interest
rate
Issued
(Percent)
Notes
Certificates of indebtedness
1969-Sept.
Notes
8/19/69
8/19/69
8/20/69
8/20/69
8/21/69
8/22/69
8/22/69
8/22/69
8/22/69
8/22/69
8/25/69
8/25/69
8/26/69
8/26/69
5/13/68
9/12/69
10/7/69
11/13/69
10/10/69
11/14/69
11/14/69
9/10/69
10/10/69
10/7/69
10/10/69
11/14/69
10/24/69
9/10/69
10/24/69
3/13/70
7/18/69
7/31/69
8/11/69
8/11/69
8/11/69
8/13/69
8/14-/69
8/19/69
8/20/69
8/20/69
8/22/69
8/22/69
8/25/69
8/26/69
9/2/69
9/2/69
9/2/69
9/2/69
9/2/69
9/2/69
9/3/69
9/4/69
9/5/69
9/5/69
9/9/69
9/10/69
9/11/69
9/12/69
9/12/69
9/15/69
9/15/69
9/15/69
9/16/69
9/16/69
9/17/69
9/18/69
9/19/69
9/22/69
9/22/69
9/23/69
9/24/69
9/25/69
9/25/69
9/26/69
9/26/69
9/26/69
9/26/69
9/26/69
9/26/69
9/26/69
5/13/68
5/23/68
5/24/68
9/23/69
9/24/69
7/23/69
7/30/69
7/31/69
7/31/69
8/1/69
8/4/69
8/5/69
8/11/69
8/22/69
8/25/69
8/26/69
9/2/69
9/15/69
9/15/69
9/15/69
9/16/69
10/17/69
10/10/69
10/10/69
10/17/69
10/24/69
11/13/69
11/13/69
11/13/69
10/10/69
11/13/69
10/10/69
11/14/69
11/14/69
9/10/69
9/5/69
9/5/69
9/10/69
10/2/69
10/7/69
10/10/69
11/14/69
11/14/69
11/14/69
12/5/69
12/9/69
12/10/69
12/11/69
12/11/69
12/12/69
10/7/69
10/10/69
12/15/69
10/2/69
10/7/69
12/15/69
10/2/69
10/2/69
10/2/69
12/15/69
12/15/69
10/2/69
10/24/69
12/10/69
10/2/69
10/10/69
10/17/69
11/13/69
12/5/69
12/10/69
12/15/69
3/13/70
9/23/69
9/24/69
12/21/70
1/18/71
10/23/69
10/23/69
10/10/69
10/23/69
10/10/69
10/10/69
10/10/69
10/24/69
10/10/69
10/24/69
10/24/69
10/10/69
10/7/69
10/10/69
10/10/69
10/7/69
46
6
20
10
43
1
12
4
4
26
9
27
11
5.74
7.10
7.10
7.10
7.10
7.25
7.10
7.10
7.10
7.10
7.10
7.10
7.10
7.10
6.60
6.20
6.20
6.60
6.456.45
7.10
7.10
7.10
7.10
7.05
7.20
7.20
7.20
7.20
7.20
6.45
7.10
7.20
6.45
6.45
7.20
6.45
6.45
6.45
7.20
7.20
6.45
7.25
7.20
6.45
7.10
7.10
7.10
7.05
7.20
7.20
-
7.25
7.25
7.10
7.25
7.10
7.10
7.10
7.25
7.10
7.25
7.25
7.10
6.45
7.10
7.10
6.45
(Continued on following page)
Total outstanding
end of month
(In millions of
6.60
6.45
7.10
7.10
7.10
7.10
6.60
7.10
6.45
7.10
7.10
7.25
6.60
7.25
5.74
6.375
6.30
7.85
7.80
Retired
_
_
_
_
_
_
_
30
10
1
14
2
6
9
2
30
10
35
100
8
100
13
3
13
4
1
11
1
1
5
11
2
3
2
26
19
35
30
40
30
9
29
_
_
_
100
50
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
-
4
6
_
_
10
34
1
_
4
11
_
2
*
10
3
3
20
2
6
14
14
20
6
12
9
15
25
30
_
10
1
14
6
9
2
30
10
35
100
8
100
_
_
13
4
11
1
1
5
11
2
3
_
_
19
35
26
_
30
29
1
100
50
-
5
11
4
12
5
6
3
8
4
9
11
2
13
2
1
1
1,563
August 1972
47
PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to O fficial Institutions o f Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Month of
a c tiv ity
Securities
Issue
date
Maturity
date
Interest
rate
Amount
Issued
(Percent)
1969-Oct.
/Certificates of indebtedness
Notes
Bonds
Certificates of indebtedness
I
Notes
9/25/69
9/25/69
9/26/69
9/26/69
9/26/69
9/26/69
10/1/69
10/1/69
10/1/69
10/1/69
10/3/69
10/6/69
10/6/69
10/6/69
10/7/69
10/8/69
10/9/69
10/9/69
10/9/69
10/10/69
10/14/69
10/15/69
10/16/69
10/16/69
10/16/69
10/17/69
10/20/69
10/21/69
10/21/69
10/22/69
10/22/69
10/22/69
10/23/69
10/23/69
10/23/69
10/23/69
10/24/69
10/24/69
10/24/69
10/27/69
10/27/69
10/27/69
10/28/69
10/29/69
10/29/69
10/30/69
10/31/69
6/12/68
12/31/68
10/1/69
10/31/69
10/24/69
12/10/69
10/2/69
10/17/69
11/13/69
12/10/69
10/2/69
10/17/69
12/15/69
12/31/69
10/10/69
10/7/69
10/10/69
12/15/69
12/15/69
12/15/69
11/13/69
12/10/69
12/15/69
12/15/69
12/15/69
12/15/69
11/13/69
12/10/69
12/15/69
12/15/69
1/19/70
12/15/69
1/20/70
12/11/69
12/15/69
1/22/70
10/24/69
12/9/69
12/10/69
12/11/69
11/13/69
12/9/69
12/10/69
11/13/69
12/9/69
1/26/70
1/27/70
11/5/69
1/29/70
11/13/69
12/15/69
7.25
7.20
6.45
10/31/69
11/2/70
2/18/71
3/25/71
5.90
6.40
8.00
7.35
4.25
7.20
7.20
7.20
7.20
7.20
7.00
6.50
7.20
7.10
7.20
7.20
7.05
7.20
7.05
7.20
7.05
7.05
7.20
2
26
7.20
1
13
8
4
40
9
1
13
8
7.10
220
220
7.10
6.45
7.10
7.20
7.20
18
14
8
14
45
18
14
8
14
45
7.20
11
7.10
7.20
12
10
11
12
10
7.20
19
3
19
3
21
28
10
21
21
10
7.20
7.20
7.20
7.05
7.20
7.00
14
4
14
7.20
12
20
7.10
7.20
6.45
7.10
7.20
7.20
7.20
7.10
7.20
7.00
7.25
7.20
7.20
7.20
7.10
7.20
7.20
7.10
7.20
7.00
7.05
6.50
7.05
7.10
7.20
12/15/69
12/15/69
12/15/69
12/15/69
12/15/69
1/22/70
11/5/69
12/15/69
11/13/69
12/10/69
12/15/69
1/19/70
12/15/69
1/19/70
12/15/69
1/12/70
1/19/70
12/11/69
12/15/69
12/30/69
1/12/70
12/5/69
2/11/70
1/12/70
2/13/70
2/13/70
12/15/69
2/13/70
2/25/70
12/15/69
2/13/70
11/2/70
7.15
7.50
7.20
7.15
6.40
10/22/69
10/24/69
1/22/70
12/10/69
7.20
7.20
7.10
7.05
7.05
7.15
7.05
7.15
7.15
7.20
7.00
(Continued on following page)
Total outstanding
end of month
(In millions of dollars)
7.10
9/16/64
10/15/69
10/16/69
10/17/69
10/21/69
10/22/69
10/22/69
10/29/69
10/31/69
11/3/69
11/3/69
11/3/69
11/3/69
11/5/69
11/5/69
11/7/69
11/7/69
11/7/69
11/10/69
11/10/69
11/10/69
11/10/69
11/12/69
11/12/69
11/12/69
11/17/69
11/17/69
11/24/69
11/24/69
11/25/79
11/25/69
11/26/69
12/31/68
11/1/69
Retired
/
1,932
21
42
47
11
42
11
12
140
5
8
16
16
18
25
3
19
4
4
55
58
18
25
3
200
160
10
4
4
55
58
125
10
4
100
50
125
30
7
4
21
47
20
100
40
75
4
40
16
7
3
84
7
3
66
26
2
26
8
26
30
4
30
1,792
7
5
163
22
7
5
163
20
20
22
8
18
15
3
25
9
14
40
19
48
Treasury Bulletin
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to O fficial Institutions o f Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Amount
Month o f
a c tiv ity
Securities
Issue
date
Maturity
date
Interest
rate
Issued
(Percent)
1969-Dec.
Certificates of indebtedness
Notes
1970-Jan.
Certificates of indebtedness
10/29/69
11/3/69
11/5/69
11/7/69
11/7/69
11/10/69
11/17/69
11/24/69
11/24/69
11/25/69
11/26/69
12/1/69
12/1/69
12/1/69
12/1/69
12/1/69
12/1/69
12/2/69
12/2/69
12/2/69
12/3/69
12/4/69
12/5/69
12/8/69
12/9/69
12/10/69
12/10/69
12/10/69
12/12/69
12/15/69
12/15/69
12/15/69
12/16/69
12/19/69
12/24/69
12/24/69
12/26/69
12/26/69
12/26/69
12/29/69
12/29/69
12/29/69
12/29/69
12/29/69
12/29/69
12/29/69
12/30/69
12/30/69
12/31/69
12/31/68
1/29/70
12/10/69
12/15/69
12/15/69
1/19/70
12/15/69
2/13/70
12/15/69
2/13/70
12/15/69
2/13/70
12/5/69
12/15/69
1/12/70
1/19/70
2/13/70
3/2/70
12/5/69
1/26/70
3/3/70
3/4/70
3/4/70
3/5/70
3/4/70
3/4/70
1/12/70
3/4/70
3/10/70
3/12/70
1/12/70
1/26/70
3/16/70
1/26/70
3/16/70
3/16/70
3/24/70
3/5/70
3/10/70
3/16/70
2/13/70
3/3/70
3/4/70
3/5/70
3/12/70
3/16/70
3/30/70
2/13/70
3/31/70
2/13/70
10/29/69
12/10/69
12/26/69
12/29/69
12/29/69
12/29/69
12/30/69
12/30/69
12/31/69
1/2/70
1/5/70
1/5/70
1/7/70
1/7/70
1/8/70
1/9/70
1/12/70
1/12/70
1/13/70
1/13/70
1/14/70
1/14/70
1/15/70
1/16/70
1/19/70
1/20/70
1/21/70
1/21/70
1/21/70
1/21/70
1/23/70
1/26/70
1/26/70
1/27/70
1/29/70
1/29/70
3/10/70
3/5/70
2/13/70
3/5/70
3/16/70
2/13/70
3/31/70
2/13/70
3/31/70
1/19/70
2/13/70
1/19/70
3/31/70
4/8/70
4/8/70
4/8/70
4/13/70
3/31/70
4/8/70
3/31/70
4/8/70
3/31/70
4/16/70
3/31/70
3/31/70
3/16/70
3/31/70
4/8/70
4/13/70
3/16/70
3/16/70
4/8/70
4/8/70
4/29/70
11/2/70
30
16
18
2
7.20
7.15
7.20
7.15
7.20
7.00
7.45
7.45
7.45
7.45
7.45
7.45
7.05
7.45
7.70
7.70
7.05
7.00
7.70
7.70
7.70
7.70
7.80
7.45
7.70
7.70
7.15
7.45
7.45
7.45
7.70
7.70
7.80
7.15
8.10
Total outstanding
end of month
(In millions of dollars)
7.05
7.20
7.20
7.20
7.05
7.15
7.05
7.20
7.05
7.05
7.15
7.50
7.05
Retired
14
15
35
12
5
15
18
4
18
15
3
9
14
14
15
35
12
5
16
16
25
14
6
5
30
17
25
14
10
10
1
1
6
5
30
17
6
6
35
4
2
10
16
16
91
91
11
11
7
54
15
28
7
54
10
26
7
7
75
2
28
22
165
)
1,765
4
2
26
7
75
28
5
165
10
42
7.15
6.40
7.05
7.70
7.45
7.15
7.45
7.70
7.15
130
19
28
7
8.10
42
8
30
5
15
5
18
2
17
10
7.15
8.10
7.05
7.15
7.05
8.10
8.00
8.00
8.00
8.00
8.10
8.00
8.10
8.00
8.10
5.424
8.10
8.10
7.70
8.10
8.00
8.00
7.70
7.70
30
5
15
5
18
271
42
3
35
17
3
29
34
4
250
8.00
8 00
19
3
18
9
49
35
23
159
46
6
7.90
130
.
(Continued on following page)
42
3
35
17
3
18
34
18
49
23
159
1
2,285
August 1912
49
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to O fficial Institutions o f Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Month of
activity
Issue
date
Securities
Amount
Maturity
date
Interest
rate
Issued
(Percent)
Notes
Certificates of indebtedness
1970-Feb.
9/9/68
J 9/10/68
{
9/26/68
1 1/15/70
1 1/30/70
1/15/70
1/15/70
1/30/70
4/22/71
5/20/71
5.30
5.34
5.30
7.95
8.10
r 11/25/69
1/14/70
1/26/70
1/27/70
2/2/70
2/2/70
2/2/70
2/2/70
2/3/70
2/3/70
2/4/70
<
2/4/70
2/6/70
2/6/70
2/6/70
2/6/70
2/9/70
2/13/70
2/18/70
2/19/70
2/19/70
2/19/70
2/25/70
2/26/70
2/25/70
3/31/70
4/8/70
4/8/70
3/10/70
3/31/70
4/20/70
4/27/70
3/31/70
5/4/70
3/16/70
3/31/70
3/16/70
3/31/70
5/6/70
5/11/70
3/16/70
3/16/70
3/16/70
3/12/70
3/16/70
5/19/70
5/25/70
5/26/70
12/31/68
11/2/70
7.50
8.10
8.00
8.00
7.70
8.10
7.85
7.80
8.10
7.75
7.70
8.10
7.70
8.10
7.75
7.35
7.70
7.70
7.70
7.70
7.70
6.80
6.85
6.85
6.40
12/1/69
12/10/69
12/24/69
12/26/69
1/15/70
1/19/70
1/20/70
1/21/70
1/21/70
2/2/70
2/2/70
2/3/70
2/4/70
2/6/70
j
s
2/26/70
3/2/70
3/2/70
3/2/70
3/3/70
3/4/70
3/5/70
3/6/70
3/6/70
3/12/70
3/16/70
3/23/70
3/24/70
3/31/70
3/2/70
3/10/70
3/24/70
3/10/70
3/31/70
3/31/70
3/31/70
3/31/70
4/13/70
3/10/70
3/31/70
3/31/70
3/31/70
3/31/70
5/26/70
3/16/70
3/31/70
6/2/70
3/16/70
3/16/70
3/16/70
3/12/70
3/16/70
6/11/70
6/15/70
6/23/70
6/24/70
6/30/70
Notes
Certificates of indebtedness
Mar.
5/13/68
/
3/2/70
\ 3/26/70
V 3/31/70
1/8/70
1/16/70
1/21/70
1/29/70
2/2/70
2/2/70
)
3/16/70
3/31/70
4/8/70
4/16/7 0
4/28/70
. 4/29/70
3/13/70
6/17/71
7/22/71
7/29/71
4/8/70
4/16/70
4/13/70
4/29/70
4/20/70
4/27/70
6/15/70
6/30/70
7/8/70
7/16/70
7/28/70
7/29/70
7.50
7.70
7.80
7.70
8.10
8.10
8.10
8.10
8.00
7.70
8.10
8.10
8.10
8.10
6.85
7.70
8.10
6.85
7.70
7.70
7.70
7.70
7.70
6.90
6.90
6.85
6.30
6.35
5.74
7.125
6.70
6.79
8.00
5.424
8.00
7.90
7.85
7.80
6.90
6.35
6.40
5.424
6.90
6.90
12/16/68
12/20/68
12/23/68
\ 12/31/68
4/9/70
1 4/30/70
4/30/70
4/30/70
4/30/70
11/2/70
8/26/71
9/23/71
5.93
6.02
6.21
6.40
6.84
7.46
f
Notes
Certificates of indebtedness
Apr.
Notes
(Continued on following page)
Retired
Total outstanding
end of month
(]En millions of
_
_
_
150
100
_
_
_
_
19
17
30
30
36
12
51
14
84
7
200
18
19
14
30
30
162
150
25
200
-
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
13
11
15
62
70
9
30
46
30
200
20
15
45
100
50
100
_
-
25
11
45
6
_
_
_
_
_
_
51
_
200
_
19
14
30
30
162
150
-
*
15
6
15
10
4
19
3
9
20
19
17
36
14
7
100
13
11
62
70
9
30
46
30
20
_
_
-
14
100
100
100
_
_
_
_
271
250
10
70
_
_
_
_
100
200
2,873
_
_
_
_
_
_
_
2,606
84
-
271
250
15
130
30
30
180
45
2,620
-
75
75
50
3
_
Treasury Bulletin
50
, PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities
(Nonmarketable)
Issued to O fficial Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Amount
Securities
Issue
date
Certificates of indebtedness
Month of
activity
1970-May.
Notes
Certificates of indebtedness
June.
Notes
Certificates of indebtedness
July.
Notes
I Certificates of indebtedness
Aug.
Sept.
Certificates of indebtedness
Certificates of indebtedness
Maturity
date
Interest
rate
2/3/70
2/10/70
2/25/70
2/26/70
3/2/70
3/23/70
3/24/70
4/28/70
4/29/70
5/4/70
5/5/70
5/11/70
5/4/70
5/11/70
5/25/70
5/26/70
6/2/70
6/23/70
6/24/70
7/28/70
7/29/70
8/4/70
8/5/70
8/11/70
(Percent)
7.75
7.35
6.85
6.85
6.85
6.85
6.30
6.90
6.90
6.90
7.20
7.20
12/21/68
5/15/70
5/15/70
6/11/70
6/15/70
6/24/70
6/26/70
6/26/70
6/30/70
11/2/70
5/27/71
6/24/71
9/11/70
9/15/70
9/24/70
7/23/70
9/11/70
9/30/70
12/23/65
12/31/68
6/4/70
6/11/70
6/18/70
6/25/70
6/23/70
11/2/70
8/26/71
10/28/71
10/28/71
11/18/71
4/8/70
4/16/70
6/24/70
6/26/70
6/26/70
7/6/70
7/7/70
7/8/70
7/15/70
7/16/70
7/22/70
7/24/70
7/27/70
7/27/70
7/28/70
7/29/70
7/8/70
7/16/70
9/24/70
7/23/70
9/11/70
10/6/70
10/7/70
10/8/70
10/14/70
10/16/70
10/22/70
10/23/70
10/27/70
10/27/70
10/28/70
10/29/70
12/31/68
8/5/70
8/10/70
8/17/70
8/24/70
8/25/70
11/2/70
11/5/70
11/10/70
11/17/70
11/24/70
11/25/70
5/1/69
8/3/70
8/3/70
8/3/70
12/23/71
1/20/72
' 6/15/70
6/30/70
7/6/70
7/27/70
9/15/70
9/16/70
9/22/70
9/23/70
9/28/70
9/30/70
9/30/70
9/15/70
9/30/70
10/6/70
10/27/70
12/15/70
12/16/70
12/22/70
12/23/70
12/28/70
12/30/70
12/30/70
6.25
7.25
7.25
6.80
6.45
6.45
6.40
6.35
6.35
5.95
5.95
5.95
5.80
5.80
7/6/70
7/7/70
7/8/70
7/16/70
7/22/70
7/24/70
7/27/70
7/28/70
7/29/70
9/30/70
10/1/70
10/7/70
10/8/70
10/16/70
10/21/70
10/22/70
10/23/70
10/26/70
10/27/70
10/28/70
10/28/70
10/29/70
10/6/70
10/7/70
10/8/70
10/16/70
10/22/70
10/23/70
10/27/70
10/28/70
10/29/70
12/30/70
12/31/70
1/7/71
1/8/71
1/15/71
1/21/71
1/22/71
1/22/71
1/26/71
1/27/71
1/28/71
1/28/71
1/29/71
6.45
6.65
6.65
5.424
6.40
6.40
6.40
6.35
6.35
5.80
5.80
6.05
6.05
5.424
5.95
5.95
5.95
5.95
5.85
5.85
5.85
5.85
(Continued on following page)
6.40
7.60
7.60
6.80
6.80
6.65
6.50
6.80
6.45
4.66
6.40
7.55
7.65
7.65
7.63
6.40
5.424
6.65
6.50
6.80
6.45
6.65
6.65
6.55
5.424
6.40
6.40
6.40
6.40
6.35
6.35
6.40
6.45
6.45
6.55
6.55
6.20
Issued
_
_
_
_
_
_
_
_
_
12
15
18
_
Retired
(In millions of
12
18
25
100
15
20
15
10
70
12
15
18
_
50
150
100
70
100
20
50
100
100
100
200
_
_
_
_
_
450
10
271
100
250
20
30
45
215
15
10
-
10
50
35
60
10
_
200
100
_
_
_
_
28
8
15
10
50
20
400
_
_
_
_
_
_
_
_
_
_
100
10
271
250
30
20
30
30
45
15
40
10
2,534
1
100
100
_
Total outstanding
end of month
_
_
_
_
-
3,389
85
*
_
_
_
-
271
250
100
70
100
_
_
_
100
)
3,911
\
4,076
}
3,755
_
_
_
_
_
_
-
3
_
_
_
_
-
300
_
-
150
20
250
215
_
_
_
_
_
200
10
271
250
20
30
45
15
10
275
_
_
_
_
_
_
_
_
_
_
_
-
August 1972
51
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable xn U.S. Dollars)
Month of
a c tiv ity
Issue
date
Securities
Maturity
date
Interest
rate
Issued
(Percent)
Notes
12/31/63
10/28/70
Bonds
9/16/64
8/5/70
8/10/70
8/17/70
8/24/70
8/25/70
9/30/70
11/5/70
11/10/70
H/IO/7 O
11/17/70
11/23/70
11/23/70
11/24/70
11/24/70
11/25/70
11/25/70
11/27/70
11/30/70
Certificates of indebtedness
1970-Nov.
Notes
Certificates of indebtedness
Dec.
Notes
Certificates of Indebtedness
1971-Jan.
Notes
Feb.
Certificates of indebtedness
{
12/31/68*
11/2/70
9/15/70
9/16/70
9/22/70
9/23/70
9/28/70
9/30/70
10/1/70
10/7/70
10/22/70
10/28/70
10/29/70
11/5/70
11/24/70
11/25/70
11/25/70
12/9/70
12/15/70
12/16/70
12/22/70
12/23/70
12/28/70
12/31/70
9/23/69
11/2/70
12/21/70
10/8/70
10/16/70
10/21/70
10/23/70
10/26/70
10/27/70
10/28/70
11/10/70
11/10/70
11/17/70
11/24/70
11/27/70
12/15/70
12/16/70
12/22/70
12/23/70
12/28/70
1/8/71
1/15/71
1/19/71
1/21/71
1/25/71
1/26/71
1/27/71
1/28/71
9/24/69
1/18/71
11/10/70
11/23/70
11/23/70
11/27/70
2/3/71
2/10/71
2/16/71
2/23/71
2/23/71
Retired
(In millions of dollars)
11/2/70
1/20/72
11/1/70
6.40
4.25
30
11/5/70
11/10/70
11/17/70
11/24/70
11/25/70
12/30/70
2/5/71
2/10/71
2/10/71
2/17/71
2/23/71
2/23/71
2/24/71
2/24/71
2/25/71
2/25/71
2/26/71
3/1/71
11/2/70
2/2/72
6.45
6.45
6.55
6.55
10
12/15/70
12/16/70
12/22/70
12/23/70
12/28/70
12/30/70
12/31/70
' 1/7/71
1/22/71
1/28/71
1/29/71
2/5/71
2/24/71
2/25/71
2/25/71
3/9/71
3/15/71
3/16/71
3/22/71
3/23/71
3/29/71
3/31/71
12/21/70
2/2/72
2/24/72
6.35
6.35
5.95
5.95
5.95
5.80
5.80
, 6.05
5.95
5.85
5.85
5.65
4.80
4.80
4.80
4.90
4.80
4.80
4.75
4.75
4.75
4.85
6.60
50
35
60
10
5.80
5.65
5.45
5.45
5.30
5.30
5.30
4.80
4.80
4.80
4.80
4.80
4.80
125
1/8/71
1/15/71
1/21/71
1/22/71
1/26/71
1/27/71
1/28/71
2/10/71
2/10/71
2/17/71
2/24/71
2/26/71
3/15/71
3/16/71
3/22/71
3/23/71
3/29/71
4/8/71
4/15/71
4/19/71
4/21/71
4/26/71
4/26/71
4/27/71
4/28/71
7.85
6.50
5.15
6.05
5.424
5.95
5.95
5.95
5.85
5.85
5.45
5.45
5.30
4.80
4.80
4.80
4.80
4.75
4.75
4.75
4.95
5.424
4.25
4.25
4.25
4.20
4.20
4.20
1/18/71
2/24/72
7.80
4.75
2/10/71
2/23/71
2/23/71
2/26/71
5/3/71
5/10/71
3/16/71
5/24/71
5/24/71
5.45
5.30
5.30
4.80
4.15
3.85
3.54
3.50
3.50
(Continued on following page)
1
90
6.20
6.40
6.50
Total outstanding
end of month
10
50
25
35
40
300
4,637
60
125
10
100
300
120
28
28
3
28
15
10
50
20
100
10
20
15
10
10
125
100
10
30
28
15
8
15
10
50
100
100
1
100
271
250
30
30
30
45
40
10
50
35
60
200
12
8
15
10
5
271
250
55
30
70
30
30
20
40
40
50
50
15
40
300
100
75
60
250
40
300
}
4,331
Treasury Bulletin
52
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to O fficial Institutions o f Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Amount
Month of
activity
Issue
date
Securities
Maturity
date
Interest
rate
Issued
(Percent)
5/24/71
5/26/71
3.50
3.50
10/1/69
2/18/71
r 11/30/70
12/9/70
12/28/70
12/31/70
1/26/71
2/16/71
3/1/71
<
3/1/71
3/1/71
3/9/71
3/10/71
3/22/71
„ 3/31/71
2/18/71
4/27/72
8.00
3.90
/•
3/1/71
3/9/71
3/29/71
3/31/71
4/26/71
3/16/71
6/1/71
6/1/71
6/1/71
6/9/71
6/10/71
6/22/71
6/30/71
4.80
4.90
4.75
4.85
4.20 '
3.54
3.50
3.50
3.50
3.30
3.30
3.30
3.55
Certificates of indebtedness
1971 Mar...........
<
10/31/69
\ 3/25/71
3/25/71
4/27/72
7.35
3.65
Notes
1/8 /71
1/15/71
1/19/71
1/25/71
1/27/71
4/7 /7 1
4/7 /7 1
4/7 /7 1
4/7/71
4/8/71
4/15/71
4/19/71
4/26/71
4/27/71
1/15/70
4/22/71
4/8/71
4/15/71
4/19/71
4/26/71
4/27/71
7/7/71
7/7/71
7/7/71
7/7/71
7/8/71
7/15/71
7/19/71
7/26/71
7/27/71
4.95
5.424
4.25
4.25
4.20
3.70
3.70
3.70
3.70
3.70
5.424
4.05
3.80
3.90
30
40
200
250
271
250
55
70
20
4/22/71
5/25/72
7.95
4.40
150
150
-
2/3/71
2/10/71
2/23/71
2/23/71
2/24/71
2/26/71
3/1/71
3/31/71
4/7/71
4/7/71
5/3/71
5/4/71
5/7/71
5/7/71
5/7/71
5/7/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/13/71
5/14/71
5/19/71
5/24/71
5/24/71
5/26/71
5/26/71
5/3/71
5/10/71
5/24/71
5/24/71
5/24/71
5/26/71
6/1/71
6/30/71
7/7/71
7/7/71
8/3/71
8/4/71
8/6/71
8/6/71
8/6/71
8/6/71
8/10/71
8/10/71
8/10/71
8/10/71
8/10/71
8/13/71
8/13/71
8/19/71
8/24/71
8/24/71
8/26/71
8/26/71
4.15
3.85
3.50
3.50
3.50
3.50
3.50
3.55
3.70
3.70
3.90
3.90
3.90
3.90
3.90
3.90
3.90
3.90
3.90
3.90
3.90
3.90
3.90
4.35
4.35
4.35
4.50
4.50
_
-
75
60
40
300
35
100
30
130
165
40
75
200
80
100
1,010
-
1/30/70
5/15/70
5/20/71
5/27/71
5/20/71
5/27/71
6/22/72
6/22/72
8.10
7.60
5.35
5.10
3/1/71
3/1/71
3/9/71
3/10/71
3/22/71
4/7/71
4/19/71
4/26/71
5/4/71
5/7/71
5/10/71
5/10/71
5/13/71
5/24/71
6/1/71
6/9/71
6/10/71
6/28/71
6/1/71
6/1/71
6/9/71
6/10/71
6/22/71
7/7/71
7/19/71
7/26/71
8/4/71
8/6/71
8/10/71
8/10/71
8/13/71
8/24/71
9/1/71
6/24/71
9/10/71
9/28/71
3.50
3.50
3.30
3.30
3.30
3.70
4.05
3.80
3.90
3.90
3.90
3.90
3.90
4.35
4.35
4.55
4.55
4.95
f
\
f
r
Certificates of indebtedness
<
<
Notes
^
/
[
f
Certificates of indebtedness
<
May........... <
Notes
r
)
\
V.
f
Certificates of indebtedness
June.........
|
1
<
(Continued on following page)
35
100
_
50
-
-
150
140
280
30
35
200
130
_
125
-
-
-
-
1,000
575
60
110
235
250
58
35
300
30
100
-
-
-
125
271
250
55
70
20
_
35
-
>
5,056
>
100
_
80
-
^
7,831
>
7,606
180
-
150
-
“
100
100
100
ICO
-
-
110
280
30
35
200
250
55
65
50
950
1,000
315
100
160
280
30
35
60
Total outstanding
end of month
(In millions of d<ollars)
_
50
>
120
30
45
100
30
250
150
>
4,571
2/24/71
2/26/71
1
L
Notes
Retired
-
-
30
-
August 1972
53
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions o f Foreign Countries - (Continued)
(Payable in U.S. D ollars)
Month o f
a c tiv ity
Securities
Issue
date
Maturity
date
Amount
Interest
rate
Retired
(In millions of dollars)
(Percent)
Certificates of indebtedness
1971-July.
Notes
Certificates of indebtednes
3/2/70
5/15/71
6/17/71
6/24/71
6/25/71
6/25/71
6/25/71
6/25/71
6/25/71
6/17/71
6/24/71
7/20/72
7/20/72
6/26/72
6/25/73
6/25/74
6/25/75
6/25/76
4/7/71
4/8/71
4/15/71
4/26/71
4/27/71
5/10/71
5/10/71
6/28/71
7/1/71
7/2/71
7/6/71
7/7/71
7/8/71
7/8/71
7/9/71
7/13/71
7/15/71
7/21/71
7/26/71
7/27/71
7/28/71
3/26/70
3/31/70
7/7/71
7/7/71
7/7/71
7/7/71
7/7/71
7/14/71
7/14/71
7/14/71
7/14/71
7/14/71
7/22/71
7/29/71
7/7/71
7/8/71
7/15/71
7/26/71
7/27/71
8/10/71
8/10/71
9/28/71
10/1/71
10/4/71
10/6/71
10/7/71
10/8/71
10/8/71
10/12/71
10/13/71
10/15/71
10/21/71
10/26/71
10/27/71
10/28/71
5/3/71
5/4/71
5/7/71
5/10/71
5/10/71
5/10/71
5/14/71
5/19/71
5/24/71
5/24/71
5/26/71
5/26/71
8/3/71
8/4/71
8/4/71
8/6/71
8/9/71
8/10/71
8/10/71
8/12/71
8/12/71
8/13/71
8/16/71
8/16/71
8/16/71
8/17/71
8/17/71
8/17/71
8/17/71
8/18/71
8/18/71
8/18/71
8/18/71
8/18/71
8/19/71
8/19/71
8/20/71
8/20/71
8/23/71
8/24/71
8/24/71
8/24/71
8/26/71
8/3/71
8/4/71
8/6/71
8/10/71
8/10/71
8/10/71
8/13/71
8/19/71
8/24/71
8/24/71
8/26/71
8/26/71
11/3/71
11/4/71
11/4/71
11/5/71
3/30/72
11/10/71
11/10/71
11/12/71
11/12/71
11/15/71
11/16/71
11/17/71
11/16/71
11/17/71
11/17/71
11/17/71
11/17/71
9/20/71
9/20/71
9/20/71
11/18/71
11/18/71
9/20/71
9/20/71
9/20/71
9/20/71
9/23/71
9/24/71
11/24/71
11/24/71
11/26/71
7/22/71
7/29/71
7/7/72
7/9/73
7/8/74
7/7/75
7/7/76
7/14/72
7/16/73
7/15/74
7/14/75
7/14/76
8/24/72
8/24/72
(Continued on following page)
7.125
7.60
5.85
5.85
5.95
6.20
6.45
6.55
6.65
3.70
3.70
5.424
3.80
3.90
3.90
3.90
4.95
5.10
5.10
5.50
5.50
5.50
5.50
5.50 .
5.40
5.424
5.55
5.55
5.55
5.55
6.70
6.79
6.05
6.45
6.65
6.75
6.85
5.80
6.30
6.60
6.70
6.80
5.94
6.15
3.90
3.90
3.90
3.90
3.90
3.90
3.90
4.35
4.35
4.35
4.50
4.50
5.30
5.30
5.30
5.30
5.90
5.40
5.40
5.40
5.40
5.40
5.40
5.40
- 5.40
4.95
4.95
4.95
4.95
4.68
4.68
4.68
4.95
4.95
4.55
4.55
4.45
4.45
4.45
4.50
4.75
4.75
4.75
Total outstanding
end o f month
100
100
100
100
600
600
600
600
600
115
52
327
30
271
396
86
97
250
40
5
20
25
30
271
250
5
20
80
100
60
115
52
327
396
86
97
> 9,431
100
100
200
200
200
200
200
200
200
200
200
200
100
100
75
150
60
135
60
110
42
58
140
35
30
100
75
150
55
60
200
40
110
70
300
100
20
245
60
505
350
100
10
237
230
92
35
596
552
65
155
28
631
155
141
35
30
150
) 14,385
230
92
65
155
28
153
Treasury Bulletin
54
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions o f Foreign Countries - (Continued)
fPayable in U.S. D ollars)
Month of
Activity
Securities
Issue
date
Maturity
date
Interest
rate
Amount
Issued
(Percent)
Certificates of indebtedness
1971-Sept.
Certificates of indebtedness
9/30/71
10/1/71
10/1/71
10/1/71
8/26/71
8/26/71
2/2/72
9/21/72
6.84
7.55
6.50
5.40
6/1/71
6/10/71
8/18/71
8/19/71
8/23/71
8/24/71
8/30/71
8/31/71
8/31/71
9/1/71
9/3/71
9/8/71
9/8/71
9/10/71
9/20/71
9/20/71
9/23/71
9/24/71
9/30/71
4/30/70
9/23/71
9/1/71
9/10/71
9/20/71
9/20/71
9/23/71
9/24/71
9/30/71
10/1/71
10/1/71
12/1/71
10/4/71
10/8/71
10/8/71
10/12/71
12/20/71
12/20/71
12/23/71
12/24/71
12/30/71
4.35
4.55
4.68
4.55
4.45
4.50
4.50
4.35
4.35
4.55
4.40
4.35
4.35
4.35
4.85
4.85
4.75
4.75
4.70
9/23/71
10/26/72
7.46
5.40
7/7/71
7/8/71
7/15/71
7/21/71
7/26/71
7/27/71
7/28/71
8/31/71
8/31/71
9/3/71
9/8/71
9/10/71
10/1/71
10/4/71
10/7/71
10/8/71
10/8/71
10/15/71
10/21/71
10/28/71
6/11/70
6/18/70
11/2/70
10/28/71
10/7/71
10/8/71
10/15/71
10/21/71
10/26/71
10/27/71
10/28/71
10/1/71
10/1/71
10/4/71
10/8/71
10/12/71
1/3/72
1/4/72
1/7/72
1/7/72
1/7/72
1/14/72
1/21/72
1/28/72
5.50
5.50
5.424
5.55
5.55
5.55
5.55
4.35
4.35
4.40
4.35
4.35
4.70
4.70
4.55
4.55
4.55
5.424
4.40
4.45
10/28/71
10/28/71
2/2/72
1/25/73
7.65
7.65
6.50
4.80
8/3/71
8/4/71
8/6/71
8/10/71
8/12/71
8/12/71
8/13/71
8/16/71
8/16/71
8/16/71
8/17/71
8/17/71
8/17/71
8/17/71
8/17/71
8/18/71
8/18/71
8/24/71
8/24/71
8/26/71
11/3/71
11/4/71
11/5/71
11/10/71
11/10/71
11/12/71
11/12/71
11/15/71
11/16/71
11/16/71
11/17/71
11/3/71
11/4/71
11/5/71
11/10/71
11/12/71
11/12/71
11/15/71
11/16/71
11/16/71
11/17/71
11/17/71
11/17/71
11/17/71
11/17/71
2/17/72
11/18/71
11/18/71
11/24/71
11/24/71
11/26/71
1/3/72
2/4/72
12/30/71
1/3/72
2/10/72
2/11/72
2/11/72
2/15/72
2/16/72
2/16/72
2/17/72
5.30
5.30
5.30
5.40
5.40
5.40
5.40
5.40
5.40
5.40
4.95
L. 95
4.95
4.95
4.15
4.95
4.95
4.75
4.75
4.75
4.15
4.25
4.00
4.00
4.20
4.20
4.20
4.20
4.15
4.15
4.15
i
Certificates of indebtedness
4.50
4.35
4.35
4.35
8/30/71
8/31/71
8/31/71
8/31/71
4/9/70
6/4/70
11/2/70
8/26/71
(Continued on following page)
Retired
Total outstanding
end of month
(In millions of
167
1,180
15
29
_
_
200
-
285
75
44
100
35
552
237
712
155
167
200
685
75
30
271
44
250
40
25
200
-
-
-
-
750
-
70
55
60
45
105
70
300
100
60
20
10
_
_
100
100
1
-
280
35
237
552
478
155
167
15
498
-
100
200
30
271
250
40
5
20
25
682
29
75
44
35
100
100
-*
75
55
60
150
70
300
100
60
20
245
505
10
350
100
U,230
)
14,144
-
35
596
35
141
30
15
-
10
-
14,293
August 1972
55
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to O fficial Institutions o f Foreign Countries - (Continued)
(Payable m U. S. D ollars)_______________
Month of
A c tiv ity
Secu rities
Issue
date
Maturity
date
Amount
Interest
rate
Retired
(In millions of dollars)
(Percent)
Certificates of indebtedness
1971-Dec.
Certificates of indebtedness
1972-Jan.
Certificates of indebtedness
11/17/71
11/17/71
11/18/71
11/18/71
11/24/71
11/24/71
11/26/71
11/30/71
2/17/72
2/17/72
2/18/72
2/18/72
2/24/72
2/24/72
2/25/72
2/29/72
4.15
4.15
4.15
4.15
4.25
4.25
4.25
4.35
6/25/70
11/2/70
11/18/71
11/29/71
11/18/71
2/2/72
2/22/73
2/22/73
7.63
6.50
4.75
4.95
350
100
35
600
141
35
30
100
200
1
200
100
9/16/64
11/1/71
4.25
24
9/1/71
9/20/71
9/20/71
9/23/71
9/24/71
9/30/71
11/3/71
11/5/71
11/10/71
11/17/71
12/1/71
12/7/71
12/7/71
12/14/71
12/15/71
12/17/71
12/20/71
12/20/71
12/20/71
12/23/71
12/24/71
12/24/71
12/30/71
12/1/71
12/20/71
12/20/71
12/23/71
12/24/71
12/30/71
1/3/72
12/30/71
1/3/72
2/17/72
3/1/72
3/7/72
3/7/72
3/14/72
3/15/72
3/17/72
3/20/72
3/20/72
3/2C/72
3/23/72
3/24/72
3/24/72
2/29/72
4.55
4.85
4-85
4.75
4.75
4.70
4.15
4.00
4.00
4.15
4.35
4.10
4.10
3.95
3.95
3.95
4.05
4.05
4.05
4.05
4.05
4.05
3.35
285
552
237
712
155
167
55
50
10
35
300
100
153
60
48
200
362
163
558
721
158
60
50
8/3/70
12/6/71
12/7/71
12/23/71
12/23/71
3/22/73
4/26/73
3/29/73
7.25
4.80
4.65
4.70
100
175
200
10/1/71
10/4/71
10/7/71
10/8/71
10/8/71
10/15/71
10/21/71
10/28/71
11/10/71
1/3/72
1/3/72
1/4/72
1/7/72
1/7/72
1/7/72
1/10/72
1/14/72
1/21/V2
1/28/72
1/3/72
1/4/72
1/7/72
1/7/72
1/7/72
1/14/72
1/21/72
1/28/72
1/3/72
4/3/72
4/4/72
4/4/72
4/7/72
4/7/72
4/7/72
4/10/72
4/14/72
4/21/72
4/28/72
4.70
4.70
4.55
4.55
4.55
5.424
4.50
4.45
4.00
3.75
3.75
3.75
3.75
3.75
3.75
3.75
5.424
3.30
3.50
550
35
75
30
271
44
100
250
40
25
8/3/70
10/28/70
1/20/72
1/20/72
1/20/72
1/20/72
4/26/73
5/24/73
7.25
6.60
4.30
4.30
100
90
11/4/71
11/10/71
11/12/71
11/12/71
11/15/71
11/16/71
11/16/71
11/17/71
11/17/71
11/17/71
11/17/71
11/18/71
11/18/71
11/24/71
11/24/71
11/26/71
11/30/71
12/30/71
2/4/72
2/10/72
2/4/72
2/10/72
2/11/72
2/11/72
2/15/72
2/16/72
2/16/72
2/17/72
2/17/72
2/17/72
2/17/72
2/18/72
2/18/72
2/24/72
2/24/72
2/25/72
2/29/72
2/29/72
5/4/72
5/10/72
4.25
4.20
4.20
4.20
4.20
4.15
4.15
4.15
4.15
4.15
4.15
4.15
4.15
4.25
4.25
4.25
4.35
3.35
3.40
3.15
(Continued on following page)
Total outstanding
end o f month
42
60
48
192
14,738
163
200
685
75
30
271
44
250
40
25
35
14,703
100
90
55
105
70
300
100
60
20
10
350
715
100
600
35
35
141
30
100
50
55
105
Treasury Bulletin
56
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to O fficial Institutions o f Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Amount
Month of
activity
Securities
Issue
date
Maturity
date
Interest
rate
Issued
(Percent)
1972-Feb.
Notes
Certificates of nndebtednes
Mar.
Certificates of indebtedness
Apr.
(In millions of
70
300
100
60
20
10
350
715
100
600
35
35
141
30
100
50
2/11/72
2/11/72
2/15/72
2/16/72
2/16/72
2/17/72
2/17/72
2/17/72
2/17/72
2/18/72
2/18/72
2/24/72
2/24/72
2/25/72
2/29/72
2/29/72
5/12/72
5/12/72
5/15/72
5/16/72
5/16/72
5/17/72
5/17/72
5/17/72
5/17/72
5/18/72
5/18/72
5/24/72
5/24/72
5/25/72
5/30/72
5/30/72
3.15
3.15
3.10
3.10
3.10
3.10
3.10
3.10
3.10
3.10
3.10
3.15
3.15
3.15
3.45
3.45
11/2/70
12/21/70
1/18/71
2/2/72
2/24/72
2/2/72
2/24/72
2/24/72
12/3/73
5/24/73
6.50
5.15
4.75
4.80
4.25
8/9/71
12/1/71
12/7/71
12/7/71
12/17/71
12/20/71
12/20/71
12/23/71
12/24/71
12/24/71
2/16/72
2/24/72
3/1/72
3/7/72
3/7/72
3/20/72
3/20/72
3/23/72
3/24/72
3/24/72
3/30/72
3/1/72
3/7/72
3/7/72
3/17/72
3/20/72
3/20/72
3/23/72
3/24/72
3/24/72
5/16/72
5/24/72
6/1/72
6/7/72
6/7/72
6/20/72
6/20/72
6/23/72
6/26/72
6/26/72
5.90
4.35
4.10
4.10
3.95
4.05
4.05
4.05
4.05
4.05
3.10
3.15
3.45
3.55
3.55
3.85
3.85
3.95
3.95
3.95
300
100
111
564
362
728
60
159
3/15/72
3/30/72
9/15/76
6/21/73
2.50
5.05
158
200
1/3/72
1/3/72
1/4/72
1/7/72
1/7/72
1/7/72
1/10/72
1/14/72
1/21/72
1/28/72
2/15/72
3/24/72
4/3/72
4/4/72
4/4/72
4/7/72
4/7/72
4/10/72
4/21/72
4/28/72
4/3/72
4/4/72
4/4/72
4/7/72
4/7/72
4/7/72
4/10/72
4/14/72
4/21/72
4/28/72
5/15/72
6/26/72
7/3/72
7/3/72
7/3/72
7/7/72
7/7/72
7/10/72
7/20/72
7/28/72
3.75
3.75
3.75
3.75
3.75
3.75
3.75
5.424
3.30
3.50
3.10
3.95
3.85
3.80
3.80
3.80
3.80
3.80
3.85
3.55
2/18/71
3/25/71
4/7/72
4/7/72
4/7/72
4/7/72
4/7/72
4/7/72
4/27/72
4/27/72
4/27/72
4/7/78
7/7/78
10/6/78
2/7/79
3/7/79
4/6/79
7/19/73
3.90
3.65
6.20
6.20
6.20
6.25
6.25
6.25
4.60
2/4/72
2/10/72
2/11/72
2/11/72
2/11/72
2/15/72
2/16/72
2/17/72
2/17/72
2/17/72
5/4/72
5/10/72
5/12/72
5/12/72
5/12/72
5/15/72
5/16/72
5/17/72
5/17/72
5/17/72
3.40
3.15
3.15
3.15
3.15
3.10
3.10
3.10
3.10
3.10
(Continued on following page)
Total outstanding
end of month
Retired
_
-
22
150
_
-
_
_
_
_
_
_
_
_
_
_
_
557
75
35
44
30
100
40
25
_
_
400
400
450
400
400
450
175
_
-
_
14,703
_
_
-
22
100
50
-
200
300
100
111
8
362
558
721
60
158
60
141
_
)
14,456
100
111
_
_
_
_
550
35
75
271
44
30
100
250
40
25
50
60
_
_
_
_
_
_
_
-
50
125
_
_
_
_
_
_
55
105
100
70
200
50
20
715
350
10
> 16,332
August 1972
57
PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Amount
Month of
activity
Securities
Certificates of indebtedness
1972-May.
Certificates of indebtedness
June .
Notes
Certificates of indebtedness
July.
Issue
date
2/17/72
2/18/72
2/18/72
2/24/72
2/25/72
2/29/72
2/29/72
4/4/72
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
5/30/72
Maturity
date
Interest
rate
(Percent)
3.10
3.10
3.10
3.15
3.15
3.45
3.45
3.80
3.60
3.50
3.50
3.50
3.70
3.70
3.70
3.70
3.70
3.70
3.70
3.85
3.85
3.80
3.80
4/22/71
5/25/72
5/17/72
5/18/72
5/18/72
5/24/72
5/25/72
5/30/72
5/30/72
7/3/72
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
8/30/72
5/25/72
8/23/73
3/1/72
3/20/72
3/20/72
3/23/72
3/24/72
5/12/72
5/17/72
6/1/72
6/20/72
6/20/72
6/23/72
6/26/72
6/28/72
6/28/72
6/1/72
6/20/72
6/20/72
6/23/72
6/26/72
8/11/72
8/17/72
9/1/72
9/20/72
9/20/72
9/25/72
9/26/72
9/28/72
12/28/72
3.45
3.85
3.85
3.95
3.95
3.50
3.70
3.80
3.95
3.95
3.95
3.95
4.05
4.50
5/20/71
5/27/71
6/25/71
6/22/72
6/26/72
6/22/72
6/22/72
6/26/72
9/20/73
6/27/77
5.35
5.10
5.95
4.95
5.95
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
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
(Continued on following page)
4.40
4.67
Issued
Total outstanding
end of month
Retired
_
_
_
_
_
_
_
55
105
70
200
20
10
715
350
100
35
600
35
30
50
100
_
150
_
_
_
-
_
-
300
564
362
728
159
878
75
_
-
200
600
15
632
270
50
350
30
44
100
70
250
17
450
417
24
83
31
193
91
40
25
(In millions of
100
35
600
35
30
50
100
20
_
_
_
_
_
_
_
_
_
_
_
_
_
_
)
16,162
)
16,913
-
150
300
362
564
728
159
150
52
_
-
_
-
100
100
600
557
15
75
30
44
100
40
25
405
50
300
878
270
350
417
-
20,039
58
Treasury Bulletin
PU BLIC D E B T O P E R A T IO N S _ _ ______________________
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to O fficial Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Amount
Month of
activity
Securities
Issue
date
Maturity
date
Interest
rate
Issued
6/17/71
6/24/71
7/7/71
7/14/71
7/7/72
7/14/72
7/19/72
7/19/72
7/19/72
7/19/72
7/19/72
7/19/72
7/19/72
7/20/72
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
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
Source:
Bureau of the Public Debt.
*
Less than $500,000.
<
Total outstanding
end of month
1
r
Noxes
Retired
(In millions of cIollars)
100
100
200
200
-
J
August 1972
59
PUBLIC DEBT OPERATIONS
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to O fficial Institutions o f Foreign Countries
Amount
(Dollar equivalent)
Month o f
a c tiv ity
Securities
Payable
in —
Issue
date
Maturity
date
Interest
rate
Total outstanding
end o f month
(Percent)
Swiss francs
Swiss francs
Swiss francs
Swiss francs
1/24/69
4/16/69
7/2V69
7 /2U/69
7/3 6/69
8/18/69
1/23/70
Swiss francs
Austrian
schillings
Swiss francs
Swiss francs
U/3/68
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
Notes
Notes
30
100
7/3/69
6/12/68
7/3/69
7/16/69
12/12/69
10/5/70
10/16/70
5.90
7.70
7.55
22
134
2/6/69
7/17/69
8/18/69
8/6/69
2/6 /70
8/18/69
11/18/69
5.125
7.45
7.00
7.10
Italian lire
12/16/68
6/18/73
5.77
Swiss francs
Swiss francs
5/27/68
9/29/69
9/29/69
1/29/71
6.16
7.85
30
'Certificates of indebtedness
Swiss francs
Swiss francs
10/7/69
V 7 /6 9
10/7/69
4/7/70
6.25
7.73
55
^Notes
Austrian
schillings
2/24/69
8/24/70
Swiss francs
8/18/69
11/8/69
6.33
7.10
25
30
German marks
German marks
German marks
German marks
.Swiss francs
12/2/70
1/4/71
9/3/70
10/1 /70
2/18 /71
1/23/70
7/23/70
5.65
6.37
6.44
6.25
7.6 0
50
50
50
50
30
Swiss francs
Swiss francs
12/2/68
1/2/69
3/3/69
4/1/69
11/18/69
7/24/69
1/23/70
7.50
8.08
100
German marks
German marks
Italian lire
German marks
Swiss francs
German marks
German marks
German marks
German marks
German marks
Swiss francs
10/2/67
1/5/68
7/30/68
8/19/68
9/30/68
10/2/68
1/16/69
4/2/69
8/19/69
10/2/69
1/30/70
4/3/72
7/5/72
1/30/70
2/19/73
1/30/70
4/2/73
7/2/73
10/2/73
2/19/73
10/2/73
6/1/71
5.38
5.46
5.40
5.20
5.30
5.25
6.125
6.23
3.05
4.43
8.10
135
134
26
7.45
8.125
5.28
£.73
6.25
50
10
10
10
Certificates of indebtedness
-July.
Aug.
Sept.
Certificates of indebtedness
r Certificates of indebtedness
Nov.
(in millions of dollars)
5.00
6.20
7.00
7.50
5.58
/ Notes
Certificates of indebtedness
1970-Jan.
7/17/69
153
133
\
22
25
50
50
30
100
30
2,195
125
125
125
124
26
126
125
124
8/6/69
2/6 /70
2/6 /70
8/6/70
Mar..
Notes
German marks
German marks
German marks
7/3/67
4/1/68
6/24/68
1/3/72
10/2/72
12/22/72
Certificates of indebtedness
Swiss francs
10/7/69
4/7/70
7.73
55
Apr..
Notes
Swiss francs
Swiss francs
1/6/69
4/6/70
4/6/70
7/6/71
6.15
6.75
52
May..
Notes
francs
francs
francs
francs
2/6/69
2/17/69
5/6/70
5/19/70
5/6/70
5/19/70
8/6/71
8/19/71
6.40
6.35
7.70
7.73
26
28
June.
Notes
Swiss francs
Swiss francs
3/11/69
6/1 1 /70
6/11/70
9/13/71
6.375
7.60
23
Certificates of indebtedness
Swiss francs
Swiss francs
1/23/70
7/23/70
7/23/70
1/22/71
8.08
6.75
Notes
Swiss
Swiss
Swiss
Swiss
V9/69
it/29/70
7/9/70
7/29/70
6.20
6.20
7.30
7.23
8.125
6.75
30
4o
2/6/70
8/6 /70
7/9/70
7/29/70
10/8/71
10/29/71
8/6/70
2/5/71
50
23
1,390
1,366
1,366
1,366
100
100
Certificates of indebtedness
Sept.
Notes
Swiss francs
Swiss francs
6/9/69
9/9/70
9/9/70
12/9/71
6.90
101
Oct..
Notes
Swiss
Swiss
Swiss
,Swiss
francs
francs
francs
francs
7/3/69
7/16/69
10/5/70
10/16/70
10/5/70
10/16/70
1/5/72
1/17/72
7.70
7.55
6.70
6.55
22
133
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
(Continued on follow ing page)
1,390
1,420
25
28
Aug..
Notes
)
52
francs
francs
francs
francs
Swiss francs
Swiss francs
Certificates of indebtedness
1,996
100
Swiss francs
Swiss francs
1971-Jan..
2,220
54
Certificates of indebtedness
July.
2,220
30
Feb..
'Swiss
Swiss
Swiss
Swiss
2,320
30
39
50
50
101
22
134
1,366
1,366
1,366
1,366
100
100
30
30
1,366
Treasury Bulletin
60
PUBLIC DEBT OPERATIONS
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to O fficial Institutions o f Foreign Countries - (Continued)
Month of
activity
Securities
Mar.
{
Maturity
date
Total outstanding
end of month
(Percent)
(in millions of dollars)
Notes
8/6/70
2/5/71
11/18/69
2/18/71
2/5/71
8/5/71
2/18/71
5/18/72
6.75
4.26
7.60
3.90
30
Certificates of indebtedness
Swiss francs
3/10/71
9/10/71
3.35
250
Certificates of indebtedness
Swiss
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
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
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
Notes
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
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
5/18/72
5/30/72
8.10
6.75
7.70
7.73
7.60
7.30
7.23
6.90
6.70
6.55
U.i*o
3.90
3.90
4.40
32
32
6/1/71
9/1/72
8.10
5.15
27
50
50
263
27
55
105
53
27
29
24
32
4-2
106
24
140
26
52
26
28
23
30
40
101
22
133
30
30
Swiss francs
Swiss francs
Certificates of indebtedness
Swiss francs
Swiss francs
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
55
Swiss francs
7/6/71
10/6/72
6.15
Certificates of indebtedness
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
5/10/71
5/10/71
5/10/71
8/5/71
4.26
7.70
7.73
5.75
Notes
Swiss francs
Swiss francs
Swiss francs
8/6/71
8/19/71
8/27/71
8/5/71
8/6/71
8/19/71
2/4/72
11/6/72
11/20/72
8/27/73
Certificates of Indebtedness
Swiss francs
Swiss francs
Notes
Swiss francs
Swiss francs
5/10/71
5/10/71
9/10/71
9/13/71
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
Certificates of indebtedness
Notes
Certificates of indebtedness 1/
Swis. francs
Swis, francs
Swiss francs
5/10/71
12/9/71
8/5/71
12/9/71
3/9/73
2/4/72
5.25
4.85
6.90
4.80
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
7/3/67
4/1/68
6/24/68
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
Sept.
Oct.
6.35
5.65
5.67
l,6l6
100
50
250
Certificates of indebtedness
Notes
Notes
1,366
30
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
5/10/71
6/1/71
Aug.
1.664
55
105
1.664
53
27
29
53
27
29
333
3.35
7.60
1,998
263
24
2,005
269
25
32
42
2,008
Notes 1/
1972-Jan.
Amount
(Dollar equivalent)
Interest
rate
francs
francs
francs
francs
May.
July.
Issue
date
Swiss
Swiss
Swiss
Swiss
Certificates of indebtedness
1971-Feb.
Payable
in —
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
(Continued on following page)
5.75
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
33
43
106
17
17
17
18
19
1
1
1
3
1
1
6
1
2,013
>
2,147
61
August 1972
PUBLIC DEBT OPERATIONS.
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to O fficial Institutions o f Foreign Countries - (Continued)
Amount
(Dollar equivalent)
Month of
activity
Securities
Payable
in —
Issue
date
Maturity
date
©rGS"t
rate
Issued
Mar......
May....
July...
Certificates of indebtedness
Swiss francs
) Swiss francs
\ Swiss francs
1 Swiss 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
111
Notes
f Swiss francs
1 Swiss francs
1/5/72
1/17/72
4/5/73
4/17/73
4.50
4.15
25
148
Certificates of indebtedness
J Swiss francs
1 Swiss francs
8/5/71
2/4/72
2/4/72
8/4/72
f German marks
J German marks
V. German marks
7/3/67
10/2/69
3/3/72
3/3/72
10/2/73\ /
10/2/73/^
5.28
4.43
2.051
153
I Swiss francs
I Swiss 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
33
34
/ 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
Notes
Notes
C Certificates of indebtedness
Notes
) Swiss francs
\ Swiss francs
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
5.75
3.625
Total outstanding
end of month
1
0 '.n millions of dollars)
(Percent)
1972-Feb....
Retired
24
140
105
55
1
2,148
76
153
J|-
2,072
33
33
1
>
2,072
I
1,999
56
J
111
114
76
J
)
at a lower interest rate to partially compensate for the increase in
dollar value given this security in January 1972.
* Less than $500,000.
Treasury Bulletin
62
U N ITED ST A T E S SAVINGS BONDS,
Series E and Series H
rently sold.
Series E has
and Series H has been on
are the only savings bonds cur
been on sale since May 1, 1941,
sale since June 1, 1952.
A - D were sold from March 1, 1935
Series
F and G were sold
through April 30,
from May 1, 1941
1941.
through April
Seri es J and K were sold from May 1, 1952
30, 1952.
Series
through
April 30, 1957.
Details of the principal changes in issues,
interest yields,
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 1971*.
Table SB-1. - Sales and Redemptions by Series, Cumulative through July 31, 1972
(In millions-of dollars)
Amount outstanding
Sales 1/
Series
Series
Series
Series
Series
A-D 2/.
E and H
F and G
J and K
4Total A-K...
Sales plus
accrued
discount
Accrued
discount
Redemptions 1/
160,029
28,396
3,556
1,054
35,000
1,125
198
5,003
195,029
29,521
3,754
4,998
138,842
29,496
V45
195,929
37,377
233,306
177,081
Interestbearing debt
Matured
noninterestbearing debt
5
56,188
25
56,188
39
Footnotes at end of Table SB-4.
T able SB-2.
Sales and R edem ptions by Periods, All Series Com bined
(In millions of dollars)
Redemptions 1/
Period
Fiscal years:
1935-62........
1963...........
1964........
1965...........
1966...........
1967.... .......
1968...........
1969...........
1970...........
1971...........
1972...........
Calendar years:
1935-61........
1962...........
1963...........
1964...........
1965...........
1966...........
1967...........
1968...........
1969.. ........
1970...........
1971...........
Months:
1971-July.......
Aug........
Sept.......
Oct........
Nov........
Dec........
1972-Jan........
Feb........
Mar........
Apr........
May........
June.......
July.......
Accrued
discount
Sales plus
accrued
discount
Total
147,345
4,518
4,656
4,543
4,650
4,965
4,739
4,550
4,449
5,082
5,939'
19,843
1,408
1,476
1,517
1,554
1,626
1,735
1,789
1,841
2,056
2,310
167,}87
5,926
6,132
6,060
6,204
6,592
6,473
6,338
6,291
7,138
8,249
119,370
5,273
5,164
5,346
5,724
5,922
5,982
6,339
6,748
5,425
5,338
145,068
4,278
4,760
4,609
4,486
4,860
4,898
4,696
4,393
4,665
5,477
19,154
1,397
1,423
1,508
1,527
1,591
1,686
1,759
1,832
1,909
2,192
164,221
5,675
6,183
6,117
6^013
6,451
6,584
6,455
6,224
6,574
7,669
458
516
415
407
457
439
521
537
582
502
573
532
493
208
175
183
190
174
203
213
183
196
199
182
205
222
Sales 1/
-
Amount outstanding
Accrued
discount 2/
Interestbearing debt
Matured
noninterestbearing debt
108,917
4,482
4,383
4,488
4,792
4,971
4,978
5,237
5,508
4,342
4,306
10,453
791
781
858
932
951
1,003
1,102
1,240
1,083
1,032
47,607
48,314
49,299
50,043
50,537
51,213
51,712
51,711
51,281
53,003
55,921
211
157
139
110
95
88
82
82
55
46
39
116,428
5,602
5,021
5,252
5,441
6,000
5,793
6,133
6,639
6,295
5,244
106,380
4,792
4,259
4,445
4,552
5,043
4,842
5,094
5,457
5,072
4,224
10,049
810
762
807
889
957
951
1,040
1,182
1,223
1,021
47,458
47,535
48,827
49,734
50,324
50,752
51,581
51,917
51,549
51,842
54,275
335
331
201
158
141
164
126
112
64
50
42
666
691
598
597
631
642
448
469
426
382
400
430
364
382
348
311
326
351
84
87
78
71
74
79
53,221
53,444
53,616
53,831
54,062
54,275
45
45
44
43
43
42
734
720
777
702
755
737
715
526
449
458
428
446
474
449
411
357
369
340
361
384
364
114
92
90
88
85
90
86
54,484
54,755
55,075
55,349
55,658
55,921
42
41
40
40
40
39
56,188
39
Sales
price 2/
August 1972
63
________________ UNITED S T A T E S SAVINGS BONDS_________________
Table SB-3. - Sales and Redemptions by Periods, Series E through K
(In millions of dollars)
Amount outstanding
Redemptions 1/
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price 3/
Interest-bearing
debt
Accrued
discount
Matured
noninterestbearing debt
Series E and H combined
Fiscal years:
1941-62.... .......
1963.... ........ .
1964...............
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971....... .......
1972...............
111,445
4,518
4,656
4,543
4,650
4,965
4,739
4,550
4,449
5,082
5,939
17,545
1,386
1,458
1,502
1,542
1,619
1,731
1,788
1,841
2,056
2,310
128,989
5,904
6,114
6,045
6,192
6,584
6,470
6,337
6,291
7,138
8,249
84,034
4,500
4,736
4,987
5,305
5,449
5,715
6,198
6,721
5,416
5,331
75,619
3,759
3,982
4,154
4,408
4,536
4,739
5,112
5,484
4,334
4,300
8,416
742
754
833
897
913 ’
976
1,086
1,237
1,082
1,031
44,955
46,359
47,737
48,795
49,682
50,817
51,572
51,711
51,281
53,003
55,921
Calendar years:
1941-61............
1962...............
1963...............
1964..... .........
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
109,168
4,278
4,760
4,609
4,486
4,860
4,898
4,696
4,393
4,665
5,477
16,869
1,372
1,404
1,491
1,514
1,580
1,680
1,757
1,832
1,909
2,192
126,037
5,650
6,164
6,101
6,000
6,440
6,578
6,452
6,224
6,574
7,669
81,551
4,636
4,557
4,841
5,117
5,477
5,439
5,915
6,565
6,281
5,237
73,539
3,882
3,823
4,061
4,254
4,561
4,519
4,898
5,391
5,060
4,217
8,012
754
733
780
863
916
919
1,017
1,173
1,221
1,020
44,485
45,499
47,106
48,366
49,249
50,212
51,352
51,890
51,549
51,842
54,275
208
175
183
190
174
203
666
691
598
597
631
642
84
87
78
71
74
78
53,221
53,444
53,616
53,831
54,062
54,275
213
183
196
199
182
205
734
720
777
702
755
737
447
469
426
382
400
429
525
448
458
428
446
473
363
382
347
311
326
351
1972-Jan...................................
Feb...........
Mar..........
Apr...........
May...........
June..........
458
516
415
407
457
439
521
537
582
502
573
532
411
356
369
340
361
383
114
92
89
88
85
90
54,484
54,755
55,075
55,349
55,658
55,921
July..........
493
222
715
449
363
86
56,188
-
Months:
1971-July..........
Aug.. ........
Sept...........
Oct.........
Nov....... ...
Dec...........
-
-
-
-
-
_
_
_
_
_
-
_
_
_
-
Series F, G, J , and K combined i j
Fiscal vears:
1941-62..........
1963...............
1964...............
1965...... ........
1966...............
1967..... .........
1968...............
1969...... ........
1970...............
1971...............
1972...............
Calendar vears:
1941-61............
1962...............
1963......... v....
1964..... .........
1965...............
1966...............
1967............ .
1968..............
1969..............
1970...............
1971............. .
31,951
-
-
30,3471/6/7/8/
77] 2/
426 2/
358
418
472
266
140
27
8
6
29,251
722
400
333
384
434
239
124
24
7
5
1,096
49
27
24
35
38
27
16
3
1
1
2,652
1,955
1,563
1,248
856
397
140
-
196
144
127
99
86
80
75
76
49
41
34
1,230
25
19
16
14
10
6
2
*
-
33,182
25
19
16
14
10
6
2
*-
29,892 5/6/7/8/
963 8/2/
462 2/
410
323
522
353
218
74
13
7
28,818
909
434
383
297
481
322
195
65
11
6
1,074
55
28
27
26
40
32
23
9
2
1
2,973
2,036
1,721
1,368
1,075
540
229
27
-
318
316
188
147
131
155
113
105
58
44
37
-
-
1
*
1
*
*
1
*
1
*
*
*
*
*
*
*
*
*•
*
*
-
40
39
39
38
38
37
_
_
_
-
1,244
22
18
15
12
8
4
1
-
33,195
22
18
15
12
8
4
1
-
31,951
_
-
_
Months:
1971-July..........
Aug...........
Sept.........
Oct............
Nov...........
Dec............
1972-Jan...........
Feb...........
Mar...........
Apr...........
May............
June..........
July...........
Footnotes at end of Table SB- 4 .
-
-
1
*
1
1
*
1
1
1
*
*
■*
*
*
(Continued on following page)
*
*
*
*
*
*
■*
1
37
36
35
35
35
34
34
Treasury Bulletin
64
U N ITED ST A T E S SAVINGS BONDS
.....
Table SB-3. - Sales and Redem ptions by Periods, Series E through K - (Continued)
(in millions of dollars)
Redemption l/
Period
Accrued
discount
Sales 1/
Sales plus
accrued
discount
Total
Sales
price J3/
Accrued
discount 2/
Exchanges of
E bonds for
H bonds
Amount
outstanding
(interestbearing debt)
Series E
Fiscal years:
1941-62...........
1963..............
1964..............
1965..............
1966..............
1967..............
1968..............
1969..............
1970..............
1971..............
1972..............
103,700
3,914
4,136
4,112
4,246
4,599
4,466
4,343
4,289
4,870
5,650
17,545
1,386
1,458
1,502
1,542
1,619
1,731
1,788
1,341
2,056
2,310
121,245
5,300
5,594
5,614
5,787
6,217
6,196
6,131
6,130
6,926
7,960
82,377
4,203
4,363
4,538
4,801
4,895
5,154
5,548
5,959
4,959
4,972
73,962
3,461
3,609
3,705
3,904
3,982
4,178
4,462
4,722
3,877
3,941
8,416
742
754
833
897
913
976
1,086
1,237
1,082
1,031
608
191
206
188
212
216
196
184
210
231
292
38,260
39,166
40,190
41,078
41,853
42,959
43,805
44,205
44,167
45,902
48,598
Calendar years:
1941-61...........
1962..............
1963..............
1964..............
1965..............
1966..............
1967..............
1968..............
1969..............
1970..............
1971..............
101,793
3,624
4,185
4,132
4,092
4,450
4,574
4,452
4,221
4,503
5,218
16,869
1,372
1,404
1,491
1,514
1,580
1,680
1,757
1,832
1,909
2,192
118,662
4,996
5,589
5,623
5,606
6,031
6,255
6,209
6,052
6,412
7,411
80,032
4,349
4,229
4,425
4,650
4,913
4,941
5,300
5,835
5,626
4,871
72,020
3,595
3,495
3,646
3,787
3,997
4,022
4,283
4,661
4,405
3,851
8,012
754
733
780
863
916
919
1,017
1,173
1,221
1,020
490
199
208
198
190
224
207
191
180
228
249
38,140
38,587
39,740
40,739
41,504
42,398
43,504
44,222
44,259
44,818
47,108
434
494
399
387
437
418
208
175
183
190
174
203
642
669
582
577
“ 611
621
417
435
395
354
371
402
84
87
78
71
74
78
24
24
22
16
18
18
46,103
46,314
46,479
46,686
46,907
47,108
496
506
551
476
546
506
213
183
196
199
182
205
709
689
747
675
728
711
492
419
426
400
415
446
333
348
317
283
297
324
378
327
336
312
330
356
114
92
89
88
85
90
28
27
32
27
28
28
47,297
47,539
47,828
48,077
48,361
48,598
461
222
684
419
333
86
27
48,836
6,695
7,193
7,546
7,716
7,829
7,858
7,766
7, 506
7,114
7,101
7,323
Months:
1971-July.........
Aug..........
Sept.........
Oct..........
Nov..........
Dec..........
1972-Jan..........
Feb...........
Mar..........
Apr.........
May.........
June.........
July.........
Series H
Fiscal years:
1952-62...........
1963..............
1964..............
1965..............
1966..............
1967..............
1968..............
1969........... .
1970..............
1971..............
1972..............
7,745
604
521
431
404
367
273
207
160
212
289
Calendar years*.
1952-61...........
1962..... ........
1963..............
1964..............
1965..............
1966..............
1967..............
1968..............
1969.. ...........
1970..............
1971..............
7,374
654
575
477
394
410
324
244
172
162
259
Months:
1971-July.........
Aug..........
Sept.........
Oct..........
Nov..........
Dec..........
24
22
15
20
20
21
1972-Jan..........
Feb..........
Mar..........
Apr..........
May..........
June.........
25
31
31
26
27
26
July.........
31
Footnotes at end o f Table SB-4.
-
'
-
_
_
_
-
-
7,745
604
521
431
404
367
273
207
160
212
289
1,658
298
373
449
504
553
561
650
762
457
359
1,658
298
373
449
504
553
561
650
762
457
359
-
608
191
206
188
212
216
196
I84
210
231
292
7,374
654
575
477
394
410
324
244
172
162
259
1,519
287
328
416
467
564
497
615
730
655
366
1,519
287
328
416
467
564
497
615
730
655
366
-
490
199
208
198
190
224
207
191
180
228
249
6,345
6,912
7,367
7,627
7,744
7,815
7,848
7,668
7,290
7,025
7,167
24
22
15
20
20
21
30
34
31
28
29
27
30
34
31
28
29
27
24
24
22
16
18
18
7,119
7,130
7,137
7,145
7,155
7,167
25
31
31
26
27
26
33
29
32
28
30
28
33
29
32
28
30
28
-
28
27
32
27
28
28
7,187
7,216
7,247
7,272
7,297
7,323
31
30
30
-
27
7,351
-
-
-
August 1972
65
.U N ITED STA TE S SAVINGS BONDS.
Table SB-4. - Redemptions o f Matured and Unmatured Savings Bonds
(In millions of dollars)
Unmatured
Unclassified
10/
Period
Total 1/
Fiscal years:
1951-56...
195 7
195 8
195 9
196 0
196 1
1962......
1963......
1964-......
196 5
196 6
196 7
196 8
196 9
197 0
197 1
197 2
Calendar years
1951-55...
195 6
195 7
195 8
195 9
196 0
1961......
1962......
196 3
196 4
196 5
196 6
196 7
196 8
196 9
197 0
197 1
Months:
1971-July...,
Aug--Sept
Oct.
Nov.
Dec
1972-Ja____ n
Feb___
Mar
Apr
May.
June
July--
Series E
and H
Other
38,479
8,958
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
14,322
4,115
3,730
3,621
4,126
2,673
2,593
2,250
2,057
2,184
2,253
2.471
2,54S
2,560
2,792
2,490
2.043
7,098
1,971
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
7,222
2,144
1,824
1,625
1,822
940
925
657
304
246
280
412
260
143
29
9
7
31,160
8,264
9,630
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
11,506
4,246
4,156
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
6,097
1,891
2,084’
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
5,410
2,355
2,072
1,702
2,268
1,089
922
730
426
282
216
391
345
209
84
15
448
469
426
382
400
430
175
157
189
140
146
126
526
449
458
428
446
47A
167
185
233
155
190
381
138
449
175
156
189
139
145
125
166
185
232
154
189
180
138
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 (l)
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.
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/
7/
8/
2/
10/
*
6/
7/
8/
2/
5/
6/
6/ 7/
7/ 8/
8/ 2/
2/
Total
Series E
and H
Other
23,926
4,657
4,739
3,778
4,641
3,358
3,070
2,951
3,088
3,284
3,300
3,351
3,401
3,566
3,842
3,660
3,317
18,792
3,132
3.195
3,235
3,285
3,075
2,875
2,812
2,948
3,165
3.196
3,273
3,376
3,560
3,842
3,660
3,317
5,133
1,526
1,544
543
1,356
283
196
139
140
118
104
79
25
6
232
185
75
-150
-210
-212
53
73
19
-121
172
99
33
213
115
-725
-23
19,461
3,899
5,207
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
15,235
2,920
3,322
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
4,225
979
1,886
750
1,075
825
201
175
125
131
111
107
44
13
2
192
120
266
22
-449
-239
-60
213
-52
-76
6
144
-7
26
228
-431
-83
268
278
291
270
247
291
296
159
395
273
268
281
287
268
278
291
270
247
291
296
159
395
273
268
281
287
4
34
-54
-27
8
13
63
105
-170
•*
-11
12
24
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.
Treasury Bulletin
66
.UNITED STATES SAVINGS BONDS.
Table SB-5. - Sales and Redemptions by Denominations, Series E and H I/Combined
Period
Total all
denominations
$10 2/
$25
$50
$75 2/
$200 U
$100
$500
$1,000
$5,000
35,226
”1 ,'233
1,220
1,087
1,101
1,131
987
871
868
1.122
If503 ;
37,288
'T7270
1,214
1,033
1,042
1,064
906
796
796
1,050
1,477
338
25
22
18
17
15
11
8
7
12
T8
$10,000 5/ 6/
Sales 2/
Fiscal vears:
1941-62 ............
1963...............
1964...............
1965.... ..........
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
1972p..............
Calendar vears:
1941-61...,,,,*,.,,,.*.^
1962...............
1963...............
1964...............
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
Months:
1971-July..........
Aug...........
Sept..........
Oct...........
Nov...........
Dec...........
1972-Jan...........
Feb...........
Mar............
Apr.... .......
May...........
June p......... .
Inception to date p...
2,310,715
89,627
96,609
99,560
103,500
114,433
117,279
118,184
117,026
121,544
127,806'
21,076
_
-
1,535 559
54,629
59,230
60,928
63,430
71,506
75,925
75,508
78,043
76,103
76,695
409,515
21,903 '
23,442
23,947
24,704
26,476
25,823
25,106
24,675
28,034
30,164 "
135
1,141
1,469
1,749
1,860
1,822
1,682
1,989
398^593
21,329
/ 22,828
23,816
24,106
25,498
26,417
25,694
24,332
26,583
28,914
_
632
1,322
1,607
1,811
1,925
1,659
1,853
2,139
252,133
9,196
10,162
10,445
10,366
11,114
11,214
10,563
9,805
11,049
13,022
14,227
799
1,019
1,000
970
1,054
1,041
945
828
1,007
1,284
34*£22
1,098
1,325
1,151
1,044
1,155
1,076
932
818
950
1,292
168
203
175
173
204
178
1,048
1,237
1,055
981
1,147
1,098
106
123
101
95
110
105
115
131
93
88
102
96
190
192
213
186
212
213
14,152
1,183
1,219
1,394
1,141
1,348
1,342
366,695
119
129
147
125
146
137
24,978
125
148
158
144
166
137
46,362
256,916
14,644
V,ZZT'
10,324
10,409
10,714
11,411
10,769
10,192
10,072
12.073
;
V28
1,006
982
1,010
1,068
987
869
878
1,159
;;
r ;w
2,265,750
87,094
94,123
98,414
100,657
107,949
117,004
118,955
116,123
120,130
123,637
21,076
-
1,507,962
53,503
57,391
60,217
61,841
66,381
74,422
78,023
77,911
77,828
75,736
10,166
11,230
9,513
9,625
10,574
10,245
_
21,076
6,335
6,728
5,697
5,979
6,368
6,249
7,087
6,126
6,979
5,857
6,531
6,759
2,230,557
2,575
2,512
2,833
2,272
2,709
2,779
663,790
19,661
6^2
54
51
47
38
33
29
30
21
9
1,292,896
57,018
55,264
56,736
59,235
61,960
66,956
73,560
76,446
66,127
32,873
311,655
19,022
20,034
20,744
21,948
22,627
23,605
25,308
25,789
22,659
12,451
*
245
585
837
1,032
1,205
1,303
1,327
868
179,356
b,715
9,080
9,322
9,822
9,839
10,276
10,955
11,410
9,313
5,064
7,5A0
601
648
694
756
760
808
864
933
740
4 10 “
21,340
1^005
1,051
1,070
1,113
1,084
1,106
1,165
1,297
943
472
21,351
l',028
1,088
1,122
1,182
1,169
1,208
1,266
1,438
988
480~ '
19,620
71
58
50
50
45
34
30
30
27
18
1,265,310
53,231
54,055
55,682
58,045
60,546
64,375
70,014
76,000
72,693
65,206
301,805
19,006
19,402
20,204
21,330
22,545
22,959
24,201
25,976
24,444
22,990
T
65
434
711
944
1,105
1,270
1,280
1,434
174,407
9,129
8,771
9,180
9,532
10,031
9,860
10,482
11,317
10,586
9,366
7,171
653
615
670
715
786
761
822
908
867
743
20,751
1,070
1,008
1,067
1,080
1,137
1,047
1,125
1,254
1,169
893
20,728
11,413
10,492
11,889
9,879
11,281
11,499
3.416,321
Fiscal vears:
1941-62............
1,853,915
1963.............. .
83,469
87,242
1964...............
90,012
1965...............
1966...............
94,720
1967...............
98,349
1968...............
105,060
114,396
1969...............
1970...............
118,696
102,145
1971...............
1972p............. ;;
52,635
Calendar years:
1941-61._._..^jjl.._
1,809,897
1962...............
84,285
1963...............
84,965
1964...............
88,054
1965...............
92,352
1966............. .
97,063
1967...............
101,135
1968.......... ....
109,053
118,230
1969...............
1970...............
112,394
1971...............
101,593
2,282
2,682
2,310
2,228 ;
2,550
2,432
-
222
1,127
1,357
1,117
978
1,110
996
853
753
848
1,229
27
24
20
17
17
13
10
7
8
15
110
125
81
79
91
85
132
163
162
152
167
130
47,954
1
1
1
1
1
1
2
2
2
2
2
2
493
73
12
15
19
22
24
24
'
153
16
16
14
13
14
12
11
7
3
4
144
15
17
15
13
14
13
12
11
4
4
*
*
*
•*
*
*
*
*
*
■*
*
*
264
33
18
”7
49
5
7
9
10
12
13
14
18
10
J
1 ,0 3 7
i,in
1,136
1,226
1,123
1,232
1,373
1,284
921
68
12
13
18
20
24
21
27
31
28
14
38
5
6
8
9
12
11
14
17
15
7
28
Months:
1971-July..........
Aug.......... .
Sept..........
Oct...........
Nov...........
Dec...........
8,792
9,354
8,479
7,511
8,010
8,869
1
2
1
1
1
1
5,665
6,056
5,449
4,821
5,188
5,780
1,973
2,089
1,935
1,705
1,794
1,974
120
129
116
105
113
126
807
849
772
690
720
789
65
69
61
55
58
59
78
79
71
65
67
68
80
79
72
67
68
70
1
1
1
1
1
1
1
1
1
1
1
1
1972-Jan...........
Feb...........
Mar.... .......
Apr.........
May... ........
June p........
9,207
8,537
8,843
8,067
8,681
9,302
2
2
1
1
1
1
5,626
5,308
5,580
5,022
5,488
5,849
2,241
2,066
2,061
1,908
2,011
2,164
136
156
143
134
142
157
931
790
833
792
820
898
77
64
67
64
65
73
94
74
77
72
75
79
98
75
79
73
77
79
1
1
1
1
1
1
1
1
1
1
*
1
Inception to date p.....
2,851,655
20,043
1,928,029
537,310
8,112
277,777
15,120
32,074
32,759
284
146
Note: These figures are estimates by the Office of Debt Analysis in the
Office of the Secretary and are based on the daily Treasury statement
and reports from Federal Reserve banks and the Bureau of the Public Debt.
1/ Sales of Series H bonds began on June 1, 1952; the denominations
authorized were $500, $1,000, $5,000, and $10,000«.
2/ Sales were authorized in June 194-4, to Armed Forces only, and dis
continued after March 31, 1950.
2/ Sales began on May 1, 1964.
ij
Sales began on October 29, 1945.
5/ Sales of $10,000 denomination Series E bonds were authorized on Mav 1
1952.
J '
6/ Includes sales and redemptions of $100,000 denominations Series E bonds
which are purchasable only by trustees of employees’ savings plans,
beginning April 1954, and also personal trust accounts beginning Jan
uary 1955.
7/ See Table SB-4, footnote 1.
* Less than 500 pieces, p
Preliminary.
August 1972
67
UN ITED STATES SAVINGS BON DS.
T a b le SB-6. - Sales by States, Series E and H ^C om bined
(In thousands of dollars at issue price)
State
Alabama................
Alaska............. .
Arizona...............
Inception
through
June
1972 2/
1,482,033
80,764 2/
626,938
1971
July
Aug.
3,856
282
2,472
4,043
290
2,519
Sept.
1972
Oct.
Nov.
Dec.
3,898
247
2,257
3,401
305
2,629
3,898
286
2,059
4,174
311
3,133
4,280
336
3,062
4,354
300
3,010
4,601
319
3,129
3,916
270
2,736
4,653
314
2,599
1,766 1,738
25,951 25,547
3,107
3,273
1,830
27,298
2,764
1,622
25,760
3,622
2,040
32,913
3,921
2,573
30,559
3,385
1,984
31,599
4,258
2,087
30,748
3,327
1,981
31,932
3,964
1,824
28,566
3,355
3,511
292
2,221
Jan.
Feb.
Mar.
Apr.
May
June
Arkansas...............
California.............
Colorado........... .
831,255
10,651,856
1,152,528
1,612
26,232
2,853
1,889
28,851
3,168
Connecticut...... ......
Delaware...............
District of Columbia....
2,490,162
489,718
1,581,543
7,824
1,730
3,269
8,107
1,682
3,504
6,670
1,994
3,839
7,166
1,829
4,395
7,169
1,928
2,716
7,543
1,494
5,200
8,819
2,297
4,322
8,508
2,001
3,737
10,191
2,366
6,506
8,640
2,045
5,182
10,305
2,307
4,504
8,322
1,945
4,114
Florida....... ........
Georgia................
Hawaii................
2,255,062
1,715,855
558,673
9,405
5,090
1,027
9,043
5,428
1,022
7,678
5,088
1,279
7,960
5,431
i;240
8,563
5,309
1,843
7,770
7,095
1,606
10,699
5,413
1,706
11,125
5,913
1,386
10,394
5,948
1,450
11,552
6,476
1,227
11,304
6,130
1,984
9,354
5,601
1,483
Idaho.................
Illinois...............
Indiana................
336,882
12,193,677
4,411,005
618
28,304
11,644
530
30,467
12,866
486
502
23,383 27,925
10,706 11,090
506
27,168
12,370
439
28,870
11,515
657
34,107
13,653
654
32,357
13,472
764
36,401.
14,998
694
35,384
13,793
620
34,032
14,035
564
29,669
12,864
Iowa..................
Kansas................
Kentucky...............
3,984,362
2,349,515
1,710,421
6,334
4,694
4,467
6,834
4,550
5,072
5,455
4,137
3,941
5,788
4,037
4,840
5,739
3,893
3,939
6,535
4,088
4,328
8,415
5,371
5,605
7,530
5,348
5,344
8,030
5,499
5,498
8,550
5,113
5,392
7,166
4,901
5,104
6,380
4,589
5,300
Louisiana....... ......
Maine.................
Maryland...............
1,443,768
562,071
2,172,465
3,294
1,271
8,342
4,146
1,388
8,443
2,960
1,366
6,462
3,506
1,041
7,290
3,351
1,392
7,492
3,177
1,288
6,961
4,334
1,669
8,635
4,391
1,426
9,911
4,172
1,930
9,401
4,398
1,255
9,163
3,971
2,119
10,010
3,777
1,518
8,997
Massachusetts..........
Michigan...........
Minnesota..............
4,370,993
9,048,952
2,715,757
12,184
36,514
5,262
14,162
32,926
5,782
12,270
38,045
5,592
11,795
30,624
5,653
12,918
34,019
5,810
12,617
66,161
5,617
14,800
24,503
6,089
15,894
34,377
7,719
16,589
37,964
6,986
15,645
33,446
7,311
17,815
36,842
7,537
16,136
35,507
5,961
Mississippi............
Missouri...............
Montana................
778,744
4,438,905
685,073
1,474
10,280
874
1,723
12,241
974
1,417
1,490
10,261 10,332
826
798
1,433
10,629
867
1,588
12,261
900
1,849
14,288
1,007
2,028
12,183
1,329
1,673
13,822
1,217
1,924
14,135
1,055
1,965
13,779
1,279
1,590
11,915
994
Nebraska...............
Nevada................
New Hampshire...........
2,344,832
200,121
359,060
3,992
648
1,089
3,501
457
1,142
3,782
648
823
3,884
639
999
4,141
697
1,155
4,935
815
1,114
4,537
831
869
5,521
808
1,587
4,486
964
1,023
4,113
738
1,478
4,704
670
1,096
New Jersey..............
New Mexico.............
New York...............
6,080,458
394,404
17,565,304
20,394
1,230
51,498
20,376
1,190
49,752
17,791 18,217
1,152
1,120
44,039 44,112
19,598
1,174
48,162
20,837
1,079
48,402
22,557
1,442
57,009
24,221
1,368
61,143
23,160
1,304
52,964
23,092
1,335
65,669
25,315
1,322
69,077
21,914
1,259
51,270
North Carolina..........
North Dakota...........
Ohio.................
1,734,740
684,241
9,820,481
5,242
832
24,361
5,205
928
28,650
5,096
5,660
836
824
23,289 23,506
5,518
854
24,472
5,407
932
24,397
6,618
1,024
30,951
6,276
1,402
30,366
6,501
1,365
34,514
6,091
1,180
30,404
6,431
1,427
30,287
5,774
1,198
28,177
Oklahoma...... ........
Oregon................
Pennsylvania............
1,852,495
1,355,736
13,468,036
4,234
2,949
44,637
4,648
2,957
47,810
4,037
2,505
37,159
3,958
2,602
38,893
4,211
2,252
43,157
4,134
2,392
40,832
4,555
3,520
48,523
4,902
3,670
50,323
4,836
3,403
54,293
4,493
4,255
58,925
4,644
3,624
52,514
4,603
2,792
48,532
Rhode Island............
South Carolina.........
South Dakota...........
673,853
870,511
845,501
2,221
2,124
1,040
1,636
2,618
1,202
2,178
1,694
1,266
1,690
2,743
1,080
1,736
2,102
1,249
1,891
2,273
1,260
2,109
2,599
1,588
2,365
2,446
2,201
2,330
2,399
1,864
1,908
2,489
2,018
2,651
2,370
1,617
2,174
2,219
1,604
Tennessee..............
Texas.................
Utah................ .
1,581,745
5,320,432
629,080
4,534
14,656
1,901
4,906
14,932
1,976
4,041
4,734
14,148 13,044
1,858
1,868
4,003
14,360
1,892
4,585
13,508
1,720
5,683
16,748
2,171
5,699
17,162
2,026
5,137
16,276
2,071
5,299
14,647
2,098
4,794
15,563
1,929
5,451
14,603
1,764
Vermont... .............
Virginia...............
Washington........... .
192,328
2,641,840
2,344,407
608
8,379
4,911
538
9,190
5r274
488
7,323
4,061
475
8,607
4,590
471
8,517
4,754
556
8,133
4,727
492
9,379
5,291
485
10,573
5,593
620
9,833
5,706
503
11,138
5,657
638
9,661
6,474
497
8,973
4,812
West Virginia..........
Wisconsin..............
Wyoming................
1,562,120
3,353,696
268,510
4,126
7,853
409
4,140
8,327
392
3,699
7,272
381
3,713
7,496
378
3,967
7,587
361
4,024
7,350
470
4,668
8,928
522
5,236
8,809
566
4,732
10,097
571
4,778
9,950
544
4,478
9,379
520
4,248
8,853
512
Canal Zone.... ........
Puerto Rico........... .
Virgin Islands.........
99,821
93,381
6,610
242
210
28
243
234
41
242
219
28
274
218
31
325
229
21
252
166
41
270
240
23
256
274
32
282
273
52
263
322
33
325
271
52
242
264
54
Undistributed and
adjustment to daily
Treasury statement.....
8,073,751 A/
41,977
82,342
33,243
20,297
55,266
-212
27,790
21,094
51,239
-24,121
41,913
59,679
414,502 406,949
459,041
439,449 496,294
505,553
551,042 :476,034
546,113
505,829
t
Total.................
159,536,471
457,533 .516,257
4,256
586.
786
Source: Daily Treasury statement and geographic reports from Federal
Reserve banks.
1/ Sales of Series H began June 1, 1952.
2/ Figures include exchanges of minor amounts of Series F and J bonds
for Series H bonds from January I960 through October 1969; however,
they exclude exchanges of Series E bonds for Series H bonds.
2/
4/
Excludes data for period April 1947 through De-cember 1956, when
reporta were not available. In previous issues of the Bulletin, data
for period May 1941 through March 1947 were included in "Other
possessions-," and data for calendar years 1957 and 1958 were included
in "Adjustment to dally Treasury statement."
Includes a small amount for other possessions.
Treasury Bulletin
68
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 196&; and in the Annual Report of the Secretary of the
savings bonds.
Treasury for fiscal year 1971.
The principal terms and conditions for purchase and re
Table SN-1. - Sales and (Redem ptions by P eriods
(In millions of dollars)
Redemptions 2/
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price
Fiscal vears:
1967...............
1
*
*•
201
*
1
1968...............
201
*
*
Accrued
discount
Amount
outstanding
■*
203
1
505
6
742
10
619
326
12
338
323
11
■*
25
347
35
111
33
44
167
34
105
157
28
28
85
77
8
561
Calendar vears:
1967...............
80
*
*
277
281
7
7
*
354
1969...............
1970................
348
5
18
80
1968...............
160
31
-3
31
1969...............
1970...............
1971...............
1972...............
1971...............
80
366
76
72
191
27
154
3
8
644
682
124
145
116
9
584
11
9
9
8
6
6
10
9
8
7
6
6
1
1
1
1
1
1
6
3
9
6
6
6
6
6
3
8
5
5
1
*
1
1
1
1
1
611
604
597
592
588
584
580
579
573
569
565
561
557
Months:
1971- July...........
Aug............
Sept...........
Oct............
Nov............
Dec............
*
■*
*•
*
*
*
2
2
2
2
2
2
1972-Jan............
Feb............
Mar............
Apr............
May............
June...........
July...........
*
*
-
2
2
2
2
2
2
2
-X
*
*
*
2
2
2
2
2
2
2
2
2
2
2
2
2
Source: Daily Treasury Statement; Office of Debt Analysis in the Office of 1
the Secretary.
1/ Sales were discontinued after June 30, 1970. Figures shown thereafter
represent adjustments.
5
6
2/ Includes U.S. savings notes exchanged for Series H bonds beginning
January 1972.
* Less than $500,000.
August 1912
69
____________________________ O W N E R S H IP OF F E D E R A L S E C U R IT IE S ____________________________
T a b le OFS-1. - D istrib u tion o f Federal S ecurities by Classes o f In vestors and Types o f Issues
(In millions of dollars)
Interest-bearing public debt securities
End of
fiscal year
or month
Held by U.S. Government accounts
Total
Federal
securities
outstanding
'
Total
outstanding
Total
Public
marketable
Non-marketable
Special
issues
Other
Public
issues
held by
Federal
Reserve
banks
1963.............................
1964.............................
1965.............................
1966.............................
1967.............................
1968.............................
1969.............................
1970.............................
1971.............................
1972.............................
313,983
320,344
326,609
333,284
344,676
371,978
367,969
383,428
410,292
438,154
301,954
307,357
313,113
315,431
322,286
344,401
351,729
369,026
396,289
425,360
55,638
58,598
61,071
64,316
71,809
76,138
84,815
95,170
102,888
111,460
9,033
9,878
10,351
12,050
13,635
14,694
16,007
16,974
18,092
19,868
44,429
46,546
48,549
50,196
56,103
59,374
66,738
76,124
82,740
89,536
2,177
2,174
2,171
2,070
2,071
2,071
2,071
2,071
2,056
2,056
32,027
34,794
39,100
42,169
46,719
52,230
54,095
57,714
65,518
71,356
1970-Dec..........................
401,648
387,252
97,093
17,091
77,931
2,071
62,142
1971-june.........................
410,292
396,289
102,888
18,092
82,740
2,056
65,518
July.........................
Aug..........................
Sept..........................
Oct..........................
Nov..........................
Dec..........................
416,502
425,815
422,988
422,704
425,380
435,175
104,878
107,303
106,491
104,680
104,747
106,045
18,220
18,338
18,531
18,410
18,438
18,444
65,841
66,868
67,566
67,205
67,817
70,218
433,432
435,169
438,378
436,295
439,175
438,154
104,447
106,164
105,532
105,534
109,055
111,460
18,355
18,621
18,673
20,445
20,438
19,868
84,601
86,910
85,904
84,213
84,253
85,545
84,037
85,487
84,804
83,034
86,561
89,536
2,056
2,056
2,056
2,056
2,056
2,056
1972-Jan..........................
Feb..........................
Mar.............. ..... .......
Apr................. ........
May............... ..........
June.........................
403,533
412,762
410,450
410,181
412,733
422,308
421,090
422,090
425,536
423,535
426,108
425,360
2,056
2,056
2,056
2,056
2,056
2,056
69,552
67,698
69,928
70 ,307
71,607
71,356
i
Interest-bearing public debt securities - (Cont.)
Held by private investor^
End of
fiscal year
or month
Total
Public
marketable
Nonmarketable
214,289
213,964
212,941
208,946
203,758
216,032
212,819
216,142
227,883
242, 545
162,449
161,816
159,244
154,909
150,318
159,668
156,006
157,911
161,863
165,978
51,840
52,148
53,697
54,037
53,440
56,363
56,814
58,231
66,020
76,566
228,017
168,480
59,537
1971-June..........................
227,883
232,814
238,591
236,394
238,297
240,168
246,046
161,863
163,587
164,448
163,834
166,625
168,200
173,376
66,020
July.........................
Aug..........................
Sept.................. .......
Oct...........................
Nov..........................
Dec............... ..........
69,227
74,143
72,560
71,672
71,968
72,670
1972-Jan..........................
Feb..........................
Mar..................... .
Apr. .................. .......
May..........................
June..........................
247,090
248,227
250,076
247,694
245,446
242,545
174,011
174,895
176,779
172,237
169,880
165,978
73,080
73,333
73,297
75,457
75,566
76,566
1964.......... ...................
1966.............................
1967.............................
1968.............................
1969.............................
1970.............................
1971.............................
1970- Dec..........................
1/
For content see Table FD-6.
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
3,906
4,356
4,161
4,476
3,935
3,178
1,991
1,893
1,841
1,901
1,907
8,123
8,631
9,335
13,377
18,455
24,399
14,249
12,510
12,163
10,894
12,489
707
611
469
468
2,010
3,001
2,846
2,553
2,251
2,170
2,594
7,416
8,020
8,866
12,909
16,445
21,398
11,403
9,956
9,911
8,724
9,895
1,841
1,765
1,829
1,817
1,753
1,887
1,823
1,772
1,942
1,808
1,769
1,804
1,901
12,163
2,251
11,203
11,223
10,720
10,770
10,760
11,044
10,570
11,137
13,034
10,991
11,263
10,894
2,245
2,329
2,266
2,387
2,406
2,462
9,911
8,958
8,894
8,454
8,383
8,354
8,582
2,156
2,177
2,238
2,215
2,194
2,170
8,414
8,961
8,796
8,776
9,069
8,724
Treasury Bulletin
70
.OW NERSHIP OF FEDERAL SECURITIES.
Table OFS-2. - Estimated Ownership o f 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
Total
33.4
231.6
208.3
204.6
199.9
12.7
20.7
93.8
74.5
65.6
61.8
137.9
133.8
9.4
63.9
64.I
139.0
138.0
1952-June.......
Dec........
194.3
196.3
194.8
199.8
1953-June.......
Dee........
196.7
203.8
58.4
61.5
61.1
63.4
58.8
63.7
1954-June..-....
Dec........
199.9
207.1
1955-June.......
Dec.........
1956-June.......
Dec........
1939-Dec........
Other
secu
rities
Series
Other
E and H Series 7/
1.9
12.5
13.9
7.5
20.6
20.0
67.4
66.3
30.8
30.3
34.5
34.5
15.4
15.1
17.6
16.7
136.0
134.8
65.4
64.6
34.5
34.7
14.6
14.4
16.3
15.5
133.7
136.4
64.8
65.2
14 .1
1 3.8
137.9
140.2
66.1
64.8
34.9
35.3
36.0
36.7
63.6
69.1
136.3
138.0
203.0
207.0
63.5
62.0
139.5
145.0
64.8
63.5
65.2
65.0
57.3
59.5
141.2
141.0
66.6
65.9
56.2
59.5
65.2
67.5
138.5
138.4
132.5
137.0
66.3
64.9
1958-June.......
Dec......
198.5
200.5
194.6
197.9
197.8
204.5
1959-June...
Dec......
206.4
212.7
61.5
60.3
144.8
152.5
I960-June.......
Dec........
206.7
210.0
55.3
62.1
151.4
148.0
66.3
69.4
69.7
66.1
1961-June,... .
Dee........
208.0
214.8
62.5
67.2
145.5
147.7
1962-June.......
Dec........
65.1
67.1
1963-June.........
Dec........
214.3
219.5
218.2
220.5
1964-June.......
Dec........
218.3
222.5
1965 -June.......
Dec........
217.1
220.5
60.2
63.9
58.2
60.7
149.2
152.3
153.9
156.3
158.2
158.6
1966-June.......
Dec........
213.'4
219.2
1967-June.......
Dec........
1946-Feb........
Dec........
1950-June........
Dec........
1951-June.......
Dec........
-
:
15.7
16.0
18.4
19.7
20.1
20.7
9.4
9.6
9.6
9.5
18.8
19.9
18.6
21.5
10.4
13..1
3.5
4.3
4.2
4.3
4.7
5.3
5.7
5.9
6.0
6.3
6.8
7.5
15.0
14.8
8.7
8.5
9.4
8.7
16.3
15.8
1 3.6
13.2
8.3
8.0
17.3
18.7
7.6
6.6
17.2
16.7
12.7
12.5
7.9
7.6
16.1
17.7
13.9
14.4
14.7
15.4
16.1
16.3
16.8
16.6
5.9
5.2
16.4
16.0
12.2
12.6
7.4
7.2
14.1
18.1
16.3
16.5
6.5
7.7
4.5
3.5
19.3
23.5
19.8
21.4
19.5
18.7
10.1
12.0
18.8
18.7
12.3
13.0
2.5
2.2
24.1
20.5
18.6
19.5
7.3
6.9
6.6
6.2
16.9
18.0
3.1
2.7
12.6
12.5
12.0
11.8
11.4
11.3
6.3
6.1
19.3
19.0
12.7
13.4
2.1
1.9
1.6
1.5
18.9
19.1
18.5
20.0
11.3
11.5
6.2
6.0
20.1
20.1
66.0
68.2
44.6
45.1
46.0
46.7
18.5
18.5
18.2
18.6
10.9
11.2
6.0
5.6
18.7
18.7
21.4
21.1
68.8
69.8
47.3
47.9
1.3
1.2
20.2
20.7
10.8
11.0
5.8
5.5
18.9
18.2
22.5
21.1
14.1
15.3
15.8
15.9
15.6
16.7
158.9
159.8
70.9
72.1
48.3
48.8
158.7
161.8
73.1
74.6
49.2
49.8
152.2
158.7
70.9
74.0
1968-June...... .
Dec........
1969-June.......
Dec........
59.7
66.0
74.8
75.8
1970-June.......
Dec........
218.0
229.9
52.6
62.7
159.5
162.5
159.5
165.3
165.5
167.2
77.9
80.9
82.5
81.9
50.4
50.9
51.1
51.4
51.2
51.1
50.8
51.4
.3
.3
.4
.5
.6
.7
.8
.7
10.5
10.3
9.6
9.5
8.6
8.6
8.1
8.0
5.6
5.3
5.0
4.6
207.7
222.4
219.2
228.5
214.8
222.0
21.5
22.4
23.2
24.3
20.2
22.8
15.3
15.8
54.8
57.4
55.5
63.8
1.0
.9
.7
.5
1971-Jan........
Feb........=
Mar........
Apr..... .
May........
June.......
61.7
61.3
61.8
60.5
59.4
61.0
168.2 168.9
166.9
168.6
170.8
168.7
81.3
80.6
79.4
79.0
78.0
78.0
51.4
51.6
51.8
52.1
52.3
52.5
July.......
Aug.........
Sept...... .
Oct........
Nov........
Dec........
229.9
230.2
228.7
229.1
230.2
229.7
234.6
240.4
238.2
240.0
242.1
247.9
24.1
22.9
24.5
24.3
23.6
24.1
24.6
24.2
25.2
25.4
24.6
23.1
23.2
24.0
22.8
21.8
21.8
21.4
174.1
180.9
178.2
179.2
180.6
182.6
78.2
78.1
77.9
77.7
77.6
77.4
1972-Jan........
Feb........
Mar........
Apr........
May....
June p.... .
248.9
250.2
251.9
249.5
247.2
244.4
60.5
59.5
60.0
60.9
61.5
65.3
62.8
62.1
63.3
61.9
60.8
59.9
186.1
188.1
188.6
187.5
186.4
184.6
77.4
77.3
77.5
77.4
77.2
76.8
42.1
42.5
42.6
42.4
42.5
42.9
43.6
44.2
30.9
29.8
7.7
7.1
6.8
7.0
2.9
2.8
.7
.7
.7
.7
.7
.7
29.1
28.3
26.9
26.2
25.0
24.8
7.3
7.2
6.8
6.8
6.8
6.6
2.7
2.8
2.8
2.8
2.9
2.9
14.2
14.9
11.0
12.2
13.0
14.2
12.6
13.3
11.1
10.5
11.1
10.2
10.7
9.9
9.6
10.1
52.7
53.0
53.1
53.4
53.6
53.8
.7
.6
.6
.6
.6
.6
24.8
24.5
24.1
23.7
23.4
23.0
6.7
6.7
6.5
6.5
6.5
6.6
2.9
2.8
2.8
2.8
2.7
2.7
11.6
10.9
10.0
11.1
12.0
12.6
54.0
54.3
54.6
54.9
55.2
55.4
.6
.6
.6
.6
.6
.6
22.8
22.4
22.3
21.9
21.4
20.8
6.5
6.5
6.5
6.4
6.3
6.2
2.7
2.7
2.7
2.7
2.8
2.7
12.2
12.5
12.3
11.2
12.0
10.4
Source; Office of Debt Analysis in'the Office of the Secretary.
1/ United States savings bonds, Series A-F and J, are included at current
redemption value.
2/ Consists of commercial banks, trust companies, and stock savings banks
in the United States and in Territories and island possessions. Figures
exclude securities held in trust departments.
2/ Includes partnerships and personal trust accounts.
Exclusive
of banks and insurance companies.
u
5/ Consists of the investments of foreign balances and international
23.3
23.9
26.1
29.1
4.1
4.1
3.9
3.6
3.3
2.9
12.0
12.7
.2
2.4
2.1
16.5
19.1
18.6
23.2
55.3
56.8
40.9
41.4
41.5
41.6
11.6
10.9
10.2
9.8
.4
6.7
6.3
8.7
8.8
9.1
8.8
64.3
64.2
10.9
10.2
2.0
19.9
15.3
Foreign
Other
and inter
investors
national
6/
5/
15.4
3-5.3
15.0
14.6
64.6
65.9
65.7
66.0
39.3
40.1
17.1
16.4
15.7
16.0
2.7
11.1
11.8
State
and
Corpora local
tions y
govern
ments
9.5
9.2
64.4
63.7
16.8
15.4
15.2
13.6
5.7
24.4
24.9
19.8
18.7
Mutual
sav
ings
banks
16.0
15.9
1957-June.......
Dec........
37.5
38.2
13.2
12.7
12.1
11.7
Insurance
companies
21.9
21.1
21.0
20.8
20.6
20.4
21.1
22.0
21.6
21.5
21.4
21.8
7.9
7.8
7.6
7.6
.3
9.5
9.3
9.6
9.3
9.6
9.4
9.7
9.4
10.0
10.2
10.6
10.6
10.5
10.8
11.4
11.1
11.1
11.5
11.6
11.2
11.8
12.3
12.5
13.5
12.7
13.5
13.6
14.8
15.1
15.6
15.7
16.7
15.8
16.3
16.8
16.7
15.4
14.5
16.9
19.4
14.7
15.8
19.3
19.9
22.2
22.4
21.8
24.1
22.8
21.4
21.6
21.1
18.9
19.1
18.1
17.2
12.9
14.3
11.1
11.4
14.8
20.6
20.9
22.9
25.4
29.2
33.8
32.7
35.4
42.7
42.4
42.8
44.1
46.9
48.2
48.9
49.9
49.8
49.4
50.0
37.3
18.6
17.7
17.4
17.1
16.0
18.0
18.2
18.1
18.5
17.4
16.7
accounts in the United States.
Consists of savings and loan associations, nonprofit institutions,
corporate pension trust funds, and dealers and brokers. Also includ
ed are certain government deposit accounts and government-sponsored
agencies.
7/ Includes U.S. savings notes. Sales began May 1, 1967 and were dis
continued after June 30, 1970.
Preliminary.
p
6/
71
August 1972
TREASURY SURVEY OF OWNERSHIP, JUNE 30, 1972
19^1 Treasury Bulletin, for corporations and savings and loan
The monthly Treasury Survey of Ownership covers securi
ties issued b y the United States Government, Federal agencies,
associations in the September i9 6 0 Bulletin, and for State and
Federally-sponsored agencies, and the District of Columbia.
local governments in the February 1 9 6 2 Bulletin.
The banks and insur? ace companies included in the Survey cur rently account
for
about 9 0 percent of all such securities
held by these institutions.
Holdings
by commercial banks distributed
according
to
Federal Reserve member bank classes and nonmember banks are
The similar proportion for cor
porations and for savings and loan associations is 50 percent,
published for June 30 and December 3 1 .
and for State and local governments, 70 percent.
ate pension trust funds
Data were
are
Holdings by corpor
published quarterly, first a p
pearing in the March 195^ Bulletin.
first published for banks and insurance companies in the May
Table TSO-1. - Summary o f Federal Securities
(Par values - in millions of dollars)
Held by private investors covered in Treasury Survey
Classification
U.S. Govern
ment ac
Total
amount
counts and
outstand Federal
Reserve
ing 1/
banks
State and local
governments
487
188 .
446 fire, savings 466
i316
pension
casualty, and loan corpo
and re ;general
and
associa rations
funds
tirement
marine
tions
funds
All
other
private
investors 3/
Insurance companies
5,647
Total
commer private cial
invesbanks
tors
2/
485
mutual
savings
banks
2/
290
life
Memorandum:
Held by
45,615
corporate
pension
trust
funds b/
Public debt issues:
Interest-bearing public
debt securities:
Nonmarketable 5/......
Special issues........
257,202
78,560
89,598
91,224
2,056
89,536
Total interest-bearing
public debt securities.
2,668
165,978 47,028
76,505
5
41 6/
62
-
3,001
26
-
2,339
27
-
2,849
4
-
4,182
*
-
7,904
16
-
2,410
58
-
93,597
76,327
62
1,531
132
-
242,545 47,069
2,673
3,027
2,366
2,853
4,183
7,919
2,468
169,986
1,663
425,360
182,815
Matured debt and debt
bearing no interest....
1,901
-
1,901
-
-
-
-
-
-
-
-
1,901
-
Total public debt
securities..........
427,260
182,815
244,445
47,069
2,673
3,027
2,366
2,853
4,183
7,919
2,468
171,886
1,663
Government agency issues:
Regular issues.........
Participation
certificates 7/........
Total Govt. agency
securities covered in
Treasury Survey.......
3,759
270
3,489
547
190
112
23
138
4
86
237
2,151
22
5,539
1,687
3,852
730
347
55
214
121
16
136
638
1,595
94
9,297
1,957
7,341
1,277
538
167
237
259
19
222
875
3,746
116
1,596
213
1,383
Nonsurveyed Govt. agency
securities............
Total Govt, agency
securities 8/........
10,894
2,170
8,724
Total Federal securities...
438,154
184,985
253,169
Footnotes at end o f Table TSO-6.
Treasury Bulletin
TREASURY SURVEY OF OWNERSHIP, JUNE 30, 1Q79
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
5,647
commer
cial
banks
2/
485
mutual
savings
banks
2/
290
life
58
293
2,649
3,001
150
936
1,253
2,339
359
1,520
970
2,849
1,945
1,207
1,030
4,182
487
446 fire, savings 466
casualty, and loan corpo
and
associa rations
marine
tions
State and local
governments
Held by
all
188
other
pension
316
general and re inves
funds
tirement tors j/
funds
Memorandum:
Held by
45,615
corporate
pension
trust
funds i j
By type security:
Issued by U.S. Government:
Total.....................
By maturity distribution:
Call classes (due or first
becoming callable):
Within 1 year..............
1 to 5 years...............
5 to 10 years..............
10 to 15 years.............
15 to 20 years.............
20 years and over..... .
Total.....................
7,904
607
174
1,629
2,410
48,255
27,792
17,549
93,597
1,531
675
1,265
635
59
174
41
2,849
3,010
4,640
1,020
2,047
136 , 626
7
44
6
369
177
4
4,182
7,904
658
340
282
31
951
148
2,410
55,275
24,169
7,940
523
3,428
2,263
93,597
767
465
148
14
127
9
1,531
375
1,123
385
111
76
269
675
1,251
608
100
40
175
4,640
1,985
533
198
184
363
658
238
216
199
192
907
55,275
23,782
7,324
1,525
1,756
3,935
767
455
132
40
96
40
2,339
2,849
3,010
1,020
135
9
1
9
4,182
7,904
2,410
93,597
1,531
94,648
113,419
49,135
257,202
32,929
45,525
12,770
6,335
32,431
8,262
91,224
47,028
175
1,456
1,037
2,668
121,944
90,212
28,368
2,230
9,938
4,510
257,202
42,435
32,325
11,093
1,084
3,238
1,048
91,224
14,337
26,401
5,767
215
243
66
47,028
388
1,211
537
31
323
179
2,668
150
281
926
198
900
546
3,001
375
1,153
427
39
307
39
2,339
121,944
89,004
26,852
4,955
4,388
10,059
257,202
42,435
31,847
10,819
1,836
1,149
3,137
14,337
26,326
5,688
369
131
178
388
1,192
502
84
213
287
150
240
642
523
646
799
91,224
47,028
2,668
3,001
3,834
2,084
1,985
591
443
496
Maturity classes (final
maturity):
5 to 10 years..............
20 years and over..........
Total.....................
Footnotes at end of Table TSO-6.
Table TSO-3. - Interest-Bearing Marketable Public Debt Securities by Issue
(Par values - m millions of dollars)
Held by investors covered in Treasury Survey
Issue
Total
amount
outstand
ing 1/
U.S. Govern
485
5,647
ment ac
commer mutual
counts and
cial
savings
Federal
banks
banks
Reserve
2/
2/
banks
Insurant:e companies
290
life
446 f i r e ,
casualty,
and
marine
State and local
governments
487
188
savings 466
pension
and loan corpo 31o
associa rations general and re
tions
funds
tirement
funds
Held by
all
other
inves
tors j/
Memorandum:
Held by
45,615
corporate
pension
trust
funds 4/
Treasury Bills:
Regular weekly and annual
maturing:
July
1972............
Aug.
1972............
Sept.
1972............
Oct.
1972............
Nov.
1972............
Dec.
1972............
Jan.
1973............
Feb.
1973............
Mar.
1973............
Apr.
1973............
May
1973............
June
1973............
17,516
21,804
18,112
8,903
10,705
8,904
1,700
1,701
1,702
1,200
1,200
1,201
6,103
7,839
6,793
2,566
2,822
2,688
784
786
752
698
600
497
991
1,026
1,039
505
526
994
101
231
262
82
208
372
21
29
24
16
8
12
25
15
16
4
3
2
8
20
14
6
3
7
-
34
50
23
10
7
9
5
4
1
7
1
96
34
31
42
31
28
19
29
26
8
12
4
162
254
211
463
458
255
48
32
14
36
14
659
909
916
359
285
309
68
64
48
19
80
118
238
256
74
10
19
9
1
1
*
1
9,205
11,388
8,987
4,926
6,546
4,595
649
539
584
347
282
208
172
179
128
24
24
18
12
7
11
13
3
*
Total Treasury bills........
94,648
32,929
6,335
175
58
150
359
1,945
3,834
607
48,255
591
Footnotes at end o f Table TSO-6.
(Continued on following page)
73
August 1972
T REASURY SURVEY OP O W NER SH IP,JUNE 30, 1972
Table TSO-3. - Interest-Bearing Marketable Public Debt Securities by Issue - (Continued)
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
State and local Held by
oil
c
L-L-L
governments
487
other
446 fire, savings 466
inves
188
casualty, and loan corpo
pension tors 3/
associa rations 316
and
general
and re
marine
tions
funds tirement
funds
Insurance companies
Total
amount
outstand
ing 1/
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
2,574
2,285
4,268
2,514
3,792
5,844
1,839
2,960
4,334
IQ,284
7,212
5,148
2,045
1,776
6,760
7,679
3,115
3,739
2,802
2,697
4,194
1,283
5,163
2,264
8,389
8,207
33
34
30
34
42
8
30
27
11
3
1,473
77
1,856
194
2,539
2,683
334
289
976
5,800
2,911
1,791
100
68
4,471
2,476
757
2,857
528
764
1,598
47
3,038
820
3,507
3,570
2
-
463
1,147
1,373
1,451
636
1,231
751
1,469
1,921
2,181
1,699
1,437
1,188
1,004
793
2,898
1,149
347
1,403
670
1,055
524
891
584
2,006
2,128
7
7
4
6
1
1
1
*
5
1
17
30
41
29
9
46
31
66
45
152
91
91
9
40
41
78
50
13
29
64
57
9
84
66
176
88
*
*
1
2
■*
1
1
*•
1
-
■x*
1
5
4
*
1
4
8
14
10
20
*
13
48
7
4
2
3
3
18
2
6
59
52
•*
1
2
*
1
6
_
*
9
8
15
13
1
38
15
25
35
71
30
62
6
1
64
41
40
10
43
80
54
7
32
33
108
58
1
6
6
7
5
2
11
•*
1
-
20
33
73
32
28
40
11
40
50
130
62
103
27
27
43
139
33
14
41
29
14
20
25
30
240
211
1
*
*■
-*
1
_
3
_
-
*
38
183
161
105
37
91
44
49
38
83
34
22
29
6
30
16
24
14
16
5
16
45
64
15
5
12
1
7
14
*
-*
*
_
1
48
95
128
138
66
107
23
63
80
191
132
145
136
73
88
81
37
20
61
46
25
36
33
25
106
101
_
_
113,419
45,525
32,431
1,456
293
936
1,520
1,951
2,547
1,453
3,894
4,340
2,468
2,853
2,236
1,208
1,516
2,583
1,900
807
2,702
1,014
1,216
3,778
242
1,529
4,388
1,020
3,490
168
275
243
689
621
539
485
706
478
274
851
749
399
922
224
860
1,459
71
560
1,149
152
896
808
539
341
1,110
1,634
852
836
495
74
79
159
116
43
653
100
114
101
4
7
131
16
50
11
17
13
56
69
49
49
14
19
35
41
38
17
76
19
11
95
4
9
214
21
158
14
61
5
15
18
12
8
22
41
284
129
375
2
19
189
9
156
29
69
646
40
506
49
61
25
106
145
86
80
58
30
42
70
53
5
58
35
4
192
3
35
76
12
26
28
35
25
99
119
90
80
52
14
27
68
41
17
56
3
92
9
33
40
7
34
Total Treasury bonds.........
49,135
12,770
8,262
1,037
2,649
1,253
970
Total marketable public
debt securities...............
257,202
91,224
47,028
2,668
3,001
2,339
2,849
Issue
Treasury notes:
5%
Aug.
6
Nov.
4-7/8
Feb.
6-1/2
Feb.
May
4-3/4
May
7-3/4
8-1/8
Aug.
Feb.
7-3/4
May
7-1/4
Aug.
5-5/S
Nov.
5-3/4
Feb.
5-3/4
5-7/8
Feb.
5-7/8
May
6
May
5-7/8
Aug.
Nov.
7
Feb.
6-1/4
May
5-3/4
6-1/2
May
7-1/2
Aug.
Nov.
6-1/4
8
Feb.
Aug.
7-3/4
Feb.
6-1/4
6
Nov.
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.
1-1/2
Apr.
1972-E........
1972-F........
1973-D........
1973-C........
1973-E........
1973-A........
1973-B........
1974-C........
1974-D........
1974-B........
1974-A ........
1975-A ........
1975-E........
1975-F........
1975-B........
1975-C........
1975-D........
1976-A........
1976-E........
1976-B........
1976-C........
1976-D........
1977-A ........
1977-B........
1978-A........
1978-B........
1972-E0.......
1973-EA.......
1973-E0.......
1974-EA.......
1974-E0.......
1975-EA.......
1975-E0.......
1976-EA.......
1976-E0.......
1977-EA.......
Total Treasury notes.........
5,647
485
coxnmer- mutual
savings
cial
banks
bariks
2/
2/
290
life
Memorandum:
Held by
45,615
corporate
pension
trust
funds b f
_
*
_
_
_
_
-
_
1
18
5
5
2
2
5
15
6
25
•*
*
20
9
4
1
1
3
7
■*
4
11
26
5
_
_
_
_
_
_
_
_
_
-
545
858
598
475
403
1,652
581
962
1,169
1,698
2,184
1,450
538
535
1,220
1,879
1,022
472
671
1,023
1,366
618
1,038
644
2,096
1,980
20
8
18
7
21
4
17
17
4
1
11
8
13
50
4
10
2
20
16
21
24
28
29
3
13
32
20
5
5
4
17
3
17
39
28
19
1
*
_
_
_
_
*
_
_
-
1,207
2,084
174
27,792
443
254
269
*
126
83
79
123
67
1
1
■*
1
_
10
*
7
5
1
3
*
47
107
70
207
233
79
96
100
62
93
200
77
3
20
41
2
150
6
30
184
63
115
3
14
6
27
26
21
26
33
102
66
91
70
3
11
29
2
433
28
299
192
39
110
568
1,168
725
1,459
1,390
660
1,070
689
387
616
975
379
334
917
320
203
1,096
89
487
1,756
668
1,595
19
14
45
63
51
25
24
34
10
16
26
14
1
4
13
1
57
14
17
39
4
5
1,030
1,985
1,629
17,549
496
4,182
7,904
2,410
93,597
1, 531
Treasury bonds:
2-1/2%
2-1/2
4
4
4-1/8
4-1/8
4-1/4
3-7/8
4-1/4
3-1/4
4
3-1/2
7
6-3/8
3-1/4
6-1/8
4-1/4
4
4-1/8
3-1/2
3
3-1/2
Sept.
Dec.
Aug.
Aug.
Nov.
Feb.
May
Nov.
May
June
Feb.
Nov.
Aug.
Feb.
May
Nov.
Aug.
Feb.
May
Feb.
Feb.
Nov.
1967-72.......
1967-72.......
1972.........
1973.........
1973.........
1974.........
1974.........
1974.........
1975-85.......
1978-83.1......
1980.........
1980.........
1981.........
1982.........
1985.........
1986.........
1987-92.......
1988-93.......
1989-94.......
1990.........
1995.........
1998.........
Footnotes at end o f Table TSO-6.
Treasury Bulletin
74
T R E A SU R Y SURVEY OF OWNERSHIP, JUNE 30, 1Q79
Table TSO-4. - Interest-Bearing Nonmarketable Public Debt Securities by Type
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Insurance companies
Type
Total
amount
outstand
ing 1/
U.S. Govern
5,647
ment ac
commer
counts and
cial
Federal
banks
Reserve
2/
banks
485
mutual
savings
banks
2/
290
life
446 fire,
casualty,
and
marine
State and local
governments
487
466
savings
188
and loan corpo 316
pension
associa rations general and re
tions
funds
tirement
funds
Held by
r 11
other
inves
tors 2/
Memorandum:
Held by
45,615
corporate
pension
trust
funds
U.S. savings bonds:
.................
Series E
Series H....................
Total U.S. savings bonds......
48,598
7,323
55,921
x
x
-
-
*
*
x
1
x
*
*
1
*
*
48,598
7,321
130
1
x
-
-
*
*
1
x
1
*
55,919
130
-
-
-
-
-
-
-
-
-
6,225
167
446
-
-
-
-
-
-
10,688
1,906
-
*
Other U.S. securities:
Certificates of indebtedness:
Foreign Series.............
Foreign Currency Series.....
Treasury certificates........
Treasury notes:
Foreign Series.............
Foreign Currency Series.....
Depositary bonds.............
Treasury bonds:
Foreign Series.............
Foreign Currency Series.....
R.E.A. Series...................................................
Investment Series B ................................
Other.....................
U.S. retirement plan bonds......
U.S. savings notes................................................
6,225
167
446
10,688
1,906
22 6/
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
10
2,309
250
55
561
2,056
Total other U.S. securities...................
22,639
2,056
Total nonmarketable public
debt securities.......................................................
78,560
2,056
22 6/
-
-
-
-
-
-
-
-
-
-
-
-
-
27
3
*
-
26
-
15
57
-
-
-
-
-
-
-
-
-
-
-
-
_
_
_
_
_
-
-
_
_
-
-
-
-
-
-
-
-
-
10
100
250
55
561
41 6/
5
26
27
3
x
15
57
20,408
1
41 6/
5
26
27
4
*
16
58
76,327
132
5
19
-
1
-
-
Footnotes at end of Table TSO-6.
Table TSO-5. - Securities Issued by Government Agencies
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Insurance companies
Issue
Exnort-Imnort Bank:
6.15% Apr. 1973 (Debentures)..
5.30 Feb. 1975 (Debentures)..
5.70 Dec. 1976 (Debentures)..
6.60 May 1979 (Debentures)..
Participation certificates....
Total......................
Total
amount
outstand
ing 1/ 7/
U.S.
ment ac
counts and
Federal
Reserve
banks
5,647
commer
cial
banks
485
mutual
savings
banks
2/
2/
290
life
446 fire,
casualty,
and
marine
400
300
300
200
619
9
17
18
20
-
127
126
102
54
161
21
5
7
12
19
11
1,819
64
570
64
20
x1
14
21
2
8
X
5
X
487
savings 466
and loan corpo
associa rations
tions
Memorandum:
Held by Held by
all
45,615
188
other
corporate
316
pension inves pension
general and re tors 2 / trust
funds
tirement
funds 4/
funds
State and local
governments
80
195
129
130
91
271
X
10
16
5
8
22
45
96
80
817
11
26
14
26
4
-
X
X
10
6
77
2
X
1
8
Federal Housing Administration:
(Debentures)................
Government National Mortgage
Association:
Participation certificates....
454
61
43
45
82
10
17
-
9
82
105
1
4,920
1,687
570
329
44
200
111
10
91
558
1,323
86
Postal Service:
6-7/8% Feb. 1982-97 (Bonds)__
250
6
11
18
1
1
1
-
-
-
212
8
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).....
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).....
7
Jan. 1997 (Bonds).....
7.35 May
1997 (Bonds).....
630
100
50
100
50
50
45
70
60
100
100
50
150
150
150
139
-
6
3
6
1
*
1
22
2
8
2
25
_
1
x1
*■
1
2
1
2
1
1
11
_
_
_
_
_
_
-
*
36
27
30
21
11
17
1
2
4
6
403
86
30
76
7
19
10
42
42
77
88
40
134
124
112
_
1
1
1
3
4
3
8
7
13
14
12
1
1
5
3
3
1
Total ......................
1,855
139
41
4
8
14
*
x
x
1
1
*
1
x1
6
7
84
82
54
-
27
155
1,290
11
Total Government agency securities
covered in survey ..............
9,297
1,957
1,277
538
259
19
222
875
3,746
116
Footnotes at end o f Table TSO-6.
-
X-
X
1
1
X
X
X-
1
1
1
X
-X
-
*
X-
X
19
1
5
167
237
1
X
1
X
X
X
_
_
_
-
X
2
1
2
1
1
X
X
X
*
X
75
August 1972
_____ TREASURY SURVEY OF OW NER SH IP,JUNE 30, 1972__________
T able T SO -6. - Securities Issued by G overnm ent-S ponsored Agencies
and the D istrict o f Columbia
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstand
ing
Issue
Ranks for cooperatives:
4.65# July 1972 (Debentures)....
3.80 Aug. 1972 (Debentures)....
Oct. 1972 (Debenture s)....
4.55
Nov. 1972 (Debentures)....
4.65
Dec. 1972 (Debentures)....
4.45
Oct. 1973 (Debentures)___
7.30
Total,
Farmers Home Administration:
• 8-7/8% Jan. 1975 (Insured
6-5/8 Aug. 1976 (Insured
6.35 Mar. 1977 (Insured
8.90 Jan. 1980 (Insured
7
Nov. 1980 (Insured
6.40 Mar. 1981 {Insured
7-7/8 June 1981 (Insured
7.10
Jan. 1982 (Insured
8-5/8 July 1985 (Insured
7-1/2 Aug. 1986 (Insured
notes).
notes).
notes).
notes).
notes).
notes).
notes).
notes).
notes).
notes).
Total.
Federal home loan hanks:
6-1/4# Aug. 1972 (Bonds).......
5.75
Nov. 1972 (Bonds).......
7-3/8 Nov. 1972 (Bonds).......
Feb. 1973 (Bonds).......
8.35
5.70 Feb. 1973 (Bonds).......
1973 (Bonds).......
4-1/4 May
7.20 Aug. 1973 (Bonds).......
Jan. 1974 (Bonds).......
8.40
7.10
Feb. 1974 (Bonds).......
Feb. 1974 (Bonds).......
8.40
6.35 May
1974 (Bonds).......
7.65 Aug. 1974 (Bonds).......
8
Nov. 1974 (Bonds).......
6.10
Feb. 1975 (Bonds).......
1975 (Bonds).......
8.05 May
Aug. 1975 (Bonds).......
7.95
6-1/2 Nov. 1975 (Bonds).......
7-3/8 Feb. 1976 (Bonds).......
May
1977 (Bonds).......
6.95
Feb. 1980 (Bonds).......
7.75
7.80
Oct. 1980 (Bonds).......
6.60
Nov. 1981 (Bonds).......
7.10
Nov. 1972 FHLMC 2/
(Mtg. Backed Bonds)...
6.70 Nov. 1973 FHLMC 2/
(Mtg. Backed Bonds)...
5.30 Aug. 1974 FHLMC 2/
(Mtg. Backed Bonds). . .
Feb. 1977 FHLMC 2/
6.15
(Mtg. Backed Bonds)__
8.60 Nov. 1976-95 FHLMC 2/
(Mtg. Backed Bonds)...
Aug. 1977-96 FHLMC 2/
7.75
(Mtg. Backed Bonds). . .
May
1982-97 FHLMC 2/
7.15
(Mtg. Backed Bonds). . .
Total
Federal
5.55#
4.95
4-5/8
4.75
3.95
4
4.80
4.95
4.80
8.15
7-3/4
6.85
5.95
6.05
5.70
intermediate
July 1972
Aug. 1972
Sept. 1972
Oct. 1972
Nov. 1972
Dec. 1972
Jan. 1973
Feb. 1973
Mar. 1973
Mar. 1973
July 1973
Jan. 1974
July 1974
Jan. 1975
July 1975
credit banks:
(Debentures)_____
(Debentures). . . .
(Debentures). . . .
(Debentures)....
(Debentures)....
(Debentures). . . .
(Debentures). . . .
(Debentures). . . .
(Debenture s). . . .
(Debentures)....
(Debentures)....
(Debentures)___
(Debentures). . . .
(Debentures). . . .
(Debentures). . . .
Total
Footnotes at end of tab le .
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
State and local
governments
Insurance companies
5,647
commer
cial
banks
2/
485
mutual
savings
banks
2/
290
life
Held by
all
487
other
446 fire, savings
188
466
inves
casualty, and loan corpo 316
pension
and
associa rations general and re tors 2/
marine
funds
tions
tirement
funds
358
462 10/
269 10/
317
293 10/
100
1
16
-
91
55
58
27
38
59
2
8
14
7
5
3
-
2
1
1
1
-
19
22
11
12
20
6
2
2
10
15
3
2
49
59
24
60
29
1
3
-
1,799 10/
17
329
39
-
5
91
33
222
200
150
400
150
300
200
250
350
300
150
6
2
7
2
1
-
34
69
87
2
74
67
49
71
10
8
8
10
27
1
22
11
49
39
18
21
1
1
1
1
2
6
5
4
1
17
472
205
23
5
28
4
47
27
18
12
52
3
196
_
_
2
-
2,450
8
*
3
11
8
6
3
2
7
50
2
6
2
8
17
25
2
3
9
54
5
132
400
310
250
350
400
400
450
300
300
250
300
181
227
250
265
300
350
300
200
350
200
200
1
1
9
10
35
15
6
4
4
8
4
2
2
23
4
7
70
64
99
50
70
63
145
27
80
50
98
22
31
64
51
63
86
89
53
44
36
62
13
9
11
22
8
7
14
11
15
15
23
6
4
12
21
27
25
15
20
27
21
18
*
1
1
-*
•*
6
•X
3
1
-*
1
1
1
1
11
1
1
1
*
1
3
1
1
1
5
11
*
2
•*
*2
2
*
37
16
13
29
47
52
47
15
16
30
20
36
21
34
41
25
60
35
16
24
13
8
1
6
2
7
*
2
3
4
1
*
1
2
1
7
2
*
2
175
-
36
8
-
*
3
150
-
36
10
-
*
200
-
57
5
-
350
-
90
8
2
140
-
2
18
1
150
-
3
18
150
7,848
-
5
134
1,645
12
420
19
22
42
109
125
87
103
92
152
106
67
91
31
47
78
65
106
139
1,400
7
10
13
10
21
9
24
6
4
10
13
21
12
9
14
182
Memorandum:
Held by
45,615
corporate
pension
trust
funds l j
1
*
1
1
*
3
195
298
150
192
196
29
1,060
18
4
_
13
8
6
6
3
27
35
119
62
241
101
114
71
118
206
127
77
_
1
7
3
9
5
1
119
1,235
25
21
18
13
6
16
23
11
8
8
2
2
8
5
2
1
11
6
1
11
4
2
•*
■*
_
_
_
*■
2
1
_
256
195
111
217
247
217
214
234
174
146
154
108
165
125
140
166
160
156
107
214
120
100
2
1
1
1
4
3
2
3
1
2
6
1
1
1
1
1
3
4
*
3
2
3
1
5
*
121
10
7
2
11
■X-
85
1
-
14
8
11
-
105
-
1
46
-
12
-
191
-
2
15
3
-
4
14
9
3
-
-
1
1
-
29
57
3
727
56
2
220
2
95
7
13
89
10
14
35
112
2
4,524
74
1
436
594
593
439
634
573
514
484
489
203
200
212
224
240
302
10/
10/
10/
10/
10/
10/
10/
10/
10/
10/
10/
10/
10/
10/
10/
10
6,139 10/
122
-
11
16
1
-
*
-
*
*
2
2
2
1
1
2
2
2
1
1
1
_
-
-
2
1
1
1
2
(Continued on following page)
*
20
19
17
25
17
65
41
40
7
13
9
14
12
24
12
23
5
14
32
27
31
35
26
16
1
1
337
203
_
3
10
1
31
32 1
25
62
63
26
81
108
22 :
4
3
5
3
1
5
-
471
-
_
-
244
372
365
219
352
292
235
276
357
146
122
95
115
100
108
3,401
2
*
2
6
6
1
3
*
1
1
*
1
3
-
2
28
Treasury Bulletin
..T R E A SU R Y SURVEY OP OWNERSHIP.JUNE 30, 1972 _____________________________________
Table TSO-6. - Securities Issued by Government-Sponsored Agencies
and the District o f Columbia - (Continued)
(Par values - in millions of dollars;
Held by investors covered in Treasury Survey
State and local
governments
Insurance companies
Total
amount
outstand
ing
Issue
Federal Land banks:
8.20% July 1972
3-7/8 Sept. 1972
8.35
Sept. 1972
5-7/8
Oct. 1972
6-1/2
Oct. 1972
Jan.
7.95
1973
4-1/8 Feb.
1973-•78
Apr.
5.20
1973
7.95
July
1973
July
8.45
1973
7.80
Oct.
1973
Feb.
4-1/2
1974
Apr.
7.30
1974
July
5.85
1974
5.30
Oct.
1974
Jan.
8-3/8
1975
Apr.
4-3/8
1975
5.70
July
1975
Oct. 1975
7.20
Jan.
1976
6.25
Feb.
1976
5
1976
5-3/8 July
Oct.
6.35
1977
5-1/8 Apr.
1978
Jan.
5
1979
6.70
Apr.
1981
Apr.
1982
6.90
(Bonds)...
(Bonds)...
(Bonds)...
(Bonds)...
(Bonds)...
(Bonds)...
(Bonds)...
(Bonds)...
''Bonds)...
(Bonds)...
Bonds)...
(Bonds)...
f Bonds)...
(Bonds)...
(Bonds)...
(Bonds)...
( Bonds)...
(Bonds)...
(Bonds)...
(Bonds)...
(Bonds)__
(Bonds)...
(Bonds)...
(Bonds)...
(Bonds)...
(Bonds)...
(Bonds)...
Total
Federal National Mortgage
Association:
Discount notes
7.40%
Sept. 1972 Debentures).
8.40
Sept. 1972
Debentures).
7.20
Dee. 1972
Debentures).
Dec. 1972
8
Denentures).
7.30
Mar. 1973
Debentures).
8.30
Mar. 1973
Debentures).
Debentures).
4-1/4 June 1973
June 1973
6.75
Debentures).
June 1973
8.35
Debentures).
6-1/8 Sept. 1973
Debentures).
8.10
Sept. 1973
Debentures).
Debentures).
5-3.4 Dec. 1973
Debentures).
7.15
Dec. 1973
Mar. 1974
Debentures).
5.45
Debentures).
7-3/4 Mar. 1974
5.70
June 1974
Debentures).
7.90
June 1974
Debentures).
5.65
Sept. 1974 Debentures).
Sept. 1974
7.85
Debentures).
6.10
Dec. 1974
Debentures).
Dec_. 1974 Debentures).
6.45
Debentures).
Mar. 1975
6.35
Debentures).
Mar. 1975
7.55
Debentures).
5-1/4 June 1975
7.50
Sept. 1975
Debentures).
5.70
Dec. 1975
Debentures).
Debentures).
Mar. 1976
5.65
Debentures).
June 1976
5.85
6.70
June 1976
Debentures).
Sept.
1976
Debentures).
*5.85
6-1/8 Sent. 1976
Debentures).
Dec . 197o Debentures).
7.45
Feb. 1977
Debentures).
4-1/2
June 1977
Debentures).
6.50
June 1977
6-3/8
Debentures).
6-7/8
Sept. 1977
Debentures).
Dec. 1978 Debentures).
6.75
6.40
Sept. 1979
Debentures).
Dec. 1979
Debentures).
6.55
6-7/8 Mar. 1980
Debentures).
Jan. 1981
Debentures).
<3.15
Debentures).
7-1/4 June 1981
Footnotes at end o f ta b le .
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
5,647
commer
cial
banks
2/
485
mutual
savings
banks
2/
290
life
Held by
all
487
other
446.fire, savings
118
466
316
inves
casualty, and loan corpo
pension
and
associa rations general and re tors 2/
tions
funds tirement
marine
funds
442 10/
109
337
200
446
407 10/
148
433
350 10/
198
300 10/
155
354 10/
326
3Q0
220
200
425
300
300
123
150
300
150
442 10/
224
200
7
1
2
2
5
11
15
7
3
2
16
2
1
1
98
7
71
36
105
87
35
103
102
38
66
16
109
109
101
25
29
158
61
81
11
9
123
17
49
51
33
31
6
15
9
47
30
7
14
19
3
19
5
13
8
8
16
9
10
14
25
3
4
10
3
18
20
31
1
2
*
*
1
5
*
_
3
1
*
*
2
3
1
1
1
1
*
*
2
6
*
8
2
2
1
1
6
4
2
10
*
1
2
7
*
4
6
3
3
2
1
1
4
1
7
12
2
-
13
7
19
10
9
63
10
24
3
2
8
1
12
10
__ 4_
7,539 10/
73
1,730
395
32
90
34
14
14
6
10
20
5
33
39
12
26
23
6
6
33
18
30
12
22
7
15
2
73
26
57
116
25
186
46
11
156
62
102
51
201
149
153
90
121
116
87
32
109
206
213
98
131
67
136
124
128
49
132
111
58
18
51
85
83
113
120
128
64
_
57
21
13
29
20
4
16
10
7
22
29
2
_
*
1
*
*
_
*
_
*
_
*
*
_
1
*
11
4
3
1
1
4
2
5
2
5
2
1
*
1
6
4
*
2
2
6
8
*
5
3
*
3
2
1
1
*
*
4
*
1
13
7
*
2
4
_
1
753
200
400
400
200
450
250
146
550
350
350
300
500
500
400
350
350
400
300
250
250
450
600
300
500
350
500
500
450
250
500
300
300
198
150
250
300
300
300
350
250
156
250
-
24
7
3
26
38
-
6
2
_
13
20
22
12
21
15
18
5
32
13
13
13
22
32
15
18
29
24
25
16
37
13
23
33
17
13
14
19
27
19
44
39
_
27
-
1
*
1
1
2
*
1
3
8
*
*
1
1
1
_
*■
(Continued on following page)
15
3
6
3
25
21
3
21
15
1
6
1
12
6
15
5
3
-*
30
1
7
4
2
5
_
_
_
2
-
17
4
6
20
16
11
2
16
10
4
2
12
19
17
4
10
31
7
6
*
11
9
2
18
30
9
9
317
104
25
8
28
31
14
30
13
10
64
51
19
24
36
21
19
27
23
32
29
16
23
27
45
33
98
34
58
87
63
40
58
32
15
15
12
12
9
6
13
14
10
2
3
12
5
_
8
5
2
4
1
2
_
14
11
8
2
22
2
*•
5
_
3
4
11
20
*
10
2
6
Z
_
23
10
_
-
5
2
-
*
_
2
*
1
_
_
_
*
2
_
*
_
*
3
Memorandum:
Held by
45,615
corporate
pension
trust
funds i j
_
_
*
1
_
*
_
2
6
_
6
2
*
*
264
72
229
116
245
248
90
247
188
152
205
104
181
170
153
149
110
183
202
156
91
115
141
97
311
129
123
4
3
2
3
3
2
7
3
1
1
2
3
2
1
1
2
4
*
4
1
5
4
2
3
3
3
2
303
24
4,471
68
360
22
7
28
7
25
6
10
20
41
7
12
16
12
34
7
7
15
2
3
5
1
3
28
6
2
2
6
3
2
8
2
2
7
5
3
11
7
1
2
14
156
2
25
_
*
_
*
_
_
V3
10
2
_
_
_
*
_
6
_
_
_
2
*
-y7
*
*
1
_
9
243
127
222
181
147
170
170
101
276
146
173
170
187
242
157
178
143
193
165
175
98
153
278 "
93
219
193
252
240
225
120
281
108
183
122
69
131
134
99
145
151
115
_
116
4
2
1
3
2
1
3
4
7
2
*
1
1
4
3
1
3
2
4
2
3
2
1
*
2
1
1
3
*
1
1
1
6
5
2
1
2
2
*
3
2
_
3
August 1972
77
.TREASURY SURVEY OP OWNERSHIP,, JUNE 30, 1972
Table TSO-6. - Securities Issued by Government-Sponsored Agencies
and the District o f Columbia - (Continued)
(Par values - in millions of dollars;
___ ________ ___
Held by investors covered in Treasury Survey
State and local
Held by
governments
all
487
other
446 fire, savings
188
466
inves
casualty, and loan corpo 316
pension
and
associa rations general and re tors 2/
marine
funds
tions
tirement
funds
Insurance companies
Total
amount
outstand
ing
Issue
Federal National
CContinued):
7-1/4% Sept.
May
5.84
6.65
June
June
6.75
Sept.
6.75
June
6-1/4
6.90
Dec.
7
Mar.
7.05
June
6
Oct.
8
4-3/8
Apr.
Oct.
7-1/2
Oct.
8-3/8
June
8-5/8
Oct.
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
5,647
commer
cial
banks
2/
485
mutual
savings
banks
2/
19
36
46
12
121
4
6
30
10
35
50
42
45
53
22
22
36
43
17
30
19
33
34
6
14
14
8
14
11
5
7
128
106
131
89
137
110
133
290
life
Memorandum:
Held by
45,615
corporate
pension
trust
funds l j
Mortgage Association
1981
1982
1982
1983
1983
1984
1984
1992
1992
1973
(Debentures)...
(Debentures)...
(Debentures)...
(Debentures)...
(Debentures)...
(Debentures)...
(Debentures)...
(Debentures)...
(Debentures)...
(Capital
Debentures)...
1975 (Capital
Debentures)...
1996 (Capital
Debentures)...
1972 (Mtg. Backed
Bonds)......
1975 (Mtg. Backed
Bonds)......
1980-90(Mtg. Backed
Bonds).....
Total.
250
58
250
200
250
200
250
200
200
250
3
6
13
16
75
20
24
117
200
41
21
15
121
1
248
4
3
12
227
36
17
400
20
60
13
1
250
54
11
3
16
200
6
23
1
13
4,684
1,187
39
18,560
648
141
1,418
10
7
193
3
20
125
21
21
120
__ 5
155
8,952
194
1,125
District of Columbia;
4.20%
Dec.
1970-79
(Bonds)__
20
1/ Securities issued by the Treasury and Government agencies that are
classified as debt under the new unified budget concept. For debt
subject to limitation, see Table FD-9.
2/ Excludes trust departments.
Included with all other investors are those banks, insurance companies,
savings and loan associations, corporations, and State and local govern
ment funds not reporting in the Treasury Survey. Also included are
certain Government deposit accounts and Government-sponsored agencies.
L j Consists of corporate pension trust funds and profit sharing plans
which involve retirement benefits. The data are compiled from quar
terly reports by bank trustees who report total number of funds admin
istered and Public Debt and Agency Securities held. It is estimated
that these funds account for approximately 90 percent of Federal Secu
rities held by all corporate pension trust funds. Since the data are
not available each month, the regular monthly Survey includes holdings
by these funds under "Held by all other private investors." The quar
terly data are presented as supplemental information In a memorandum
5/
6/
7/
8/
2/
10/
*
column accompanying the Survey for each reporting date, beginning with
December 31, 1953.
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.
Includes $10'million depositary bonds held by commercial banks not in
cluded in the Treasury Survey.
Includes Export-Import Bank and Government National Mortgage Association
participation certificates.
Includes matured securities outstanding on which interest has ceased.
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.
Includes securities issued for use as collateral for short-term borrow
ings.
Less than $500,000.
Treasury Bulletin
78
.TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP, JUNE 30, 1972,
The tables which follow report the security holdings of
Commercial bank
ownership was first published in the May
those commercial banks included in the Treasury Survey of Own
194-4- issue of the ,TTreasury Bulletin” based on the Survey date
ership by type of bank and by type of security.
for December 31, 194-3.
The figures in
It has appeared at semiannually or
the columnar headings indicate the number of reporting banks in
quarterly intervals since that time and is now being published
each class.
for the June 30 and December 31 Survey dates.
Table TSC-1. - Summary o f Interest-Bearing Public Debt Securities
(Par values - in millions of dollars)
Federal Reserve member banks
Held by
5,647
commercial
banks 1/
Classification
176 Reserve city
3,401
member
banks
11
New York
City
9
Chicago
156
other
3,225
country
2,246
nonmember
banks
Interest-bearing public debt securities:
Marketable.................................
Nonmarketable 2/............................
47,028
41 2/
38,507
25
4,398
1,504
13,959
4
18,645
21
8,521
6
Total interest-bearing public debt securities....
47,069 2/
38,532
4,398
1,504
13.963
18.667
8.527
Footnotes at end of Table TSC-6.
Table TSC-2. - Interest-Bearing Marketable Public Debt Securities
by Type and Maturity Distribution
(Par values - in millions of dollars)
Federal Reserve member banks
Classification
By tvDe security:
Issued by U.S. Government:
Treasury bills............................
Treasury notes............................
Treasury bonds............................
Held by
5,647
commercial
banks l/
3,401
member
banks
6,335
32,431
8,262
5,194
26,208
7,105
176 Reserve city
11
New York
City
9
Chieago
156
other
Total...................................
By maturity distribution:
Call classes (due or first becoming callable):
Within 1 year............................
1 to 5 years.............................
5 to 10 years............................
10 to 15 years............................
15 to 20 years............................
20 years and over.........................
Total...................................
47,028
38,507
1,287
2,397
714
4,398
14,337
26,401
5,767
215
243
66
47,028
11,870
21,615
4,584
183
201
52
2,034
1,990
347
10
17
*
773
655
73
1
1
1
38,507
4,398
1,504
4,445
7,886
1,470
62
83
14
13,959
Maturity classes (final maturity):
Within 1 year............................
1 to 5 years.............................
5 to 10 years............................
10 to 15 years............................
15 to 20 years............................
20 years and over.........................
14,337
26,326
5,688
369
131
178
11,870
21,550
4,516
317
119
134
38,507
2,034
1,989
346
11
8
9
4,398
773
655
73
1
*
2
4,445
7,851
1,432
134
47
50
1,504
13,959
Total...................................
Footnotes at end o f Table TSC-6.
47,028
3,225
country
2,246
nonmember
banks
564
751
189
1,935
9,000
3,025
1,408
14,060
3.177
1,504
13,959
18,645
1,141
6,223
1.157
8,521
4,619
11,085
2,694
111
99
37
18,645
2,466
4,785
1,183
32
42
13
8,521
4,619
11,055
2,665
171
63
73
18,645
2 ;466
4,776
1,171
52
12
44
8,521
August 1972
79
T R R A S tn iv SURVEY - COMMERCIAL BANK OWNERSHIP, JUNE 30, 1 9 7 2 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Table TSC-3. - Interest-Bearing Marketable Public Debt Securities by Issue
(Par values - in millions of dollars)
Federal Reserve member banks
Issue
Treasury Bills:
Regular weekly and annual
maturing:
1972..
July
1972.
Aug.
1972.
Sept.
1972..
Oct.
1972..
Nov.
Dec.
1972..
Jan.
1973.
Feb.
1973.
Mar.
1973..
1972..
Apr.
May
1973..
June
1973..
Held by
5,647
commercial
banks l/
176 Reserve city
3401
member
banks
11
New York
City
9
Chicago
156
other
3,225
country
2,246
nomnember
banks
991
1,026
1,039
505
526
994
101
231
262
82
208
372
722
810
800
405
443
895
78
208
220
68
I84
361
237
262
135
34
82
239
9
33
50
1
51
154
82
101
80
9
21
92
10
15
34
16
30
73
149
167
340
237
215
410
40
114
95
32
27
108
254
280
246
125
125
154
18
45
42
19
75
26
269
216
239
100
83
99
23
23
41
14
24
11
6,335
5,194
1,287
564
1,935
1,408
1,141
463
1,147
1,373
1,451
636
1,231
751
1,469
1,921
2,181
1,699
1,437
1,188
1,004
793
2,898
1,149
347
1,403
670
1,055
524
891
584
2,006
2,128
7
7
4
6
1
1
1
*
5
1
330
978
1,197
1,270
523
885
576
1,120
1,593
1,836
1,241
1,120
1,054
892
600
2,409
925
238
1,182
480
848
446
711
461
1,600
1,667
6
6
3
5
1
1
1
*
3
1
2
202
168
209
22
2
5
118
137
185
36
111
65
133
31
155
127
22
137
24
96
34
89
69
25
192
*
*
9
36
50
■x6
1
33
17
146
47
3
7
8
3
1
47
17
1
62
37
5
2
148
1
17
46
*
*
*
*
*
•*
*
65
277
535
587
290
171
186
354
536
735
289
235
565
381
124
1,021
261
28
497
87
268
187
174
168
573
407
*
*
*
*
*
■*
*
*
*
*
254
463
444
475
205
712
351
630
774
869
913
767
417
376
445
1,186
520
187
487
331
479
223
301
222
985
1,022
6
6
3
5
1
*
1
¥r
133
169
176
181
113
346
175
348
328
346
458
317
134
112
193
489
224
108
221
191
207
78
180
123
407
461
1
1
1
*
*
*
*
*
2
*
32,431
26,208
2,397
751
9,000
14,060
6,223
808
539
341
1,110
1,634
852
836
495
74
79
159
116
43
653
100
114
101
4
7
131
16
50
723
477
282
960
1,393
766
720
425
66
68
135
101
32
521
88
96
72
4
6
119
12
40
27
42
73
107
155
49
142
31
1
1
1
5
72
18
17
40
5
12
5
8
*
287
217
143
434
621
250
263
219
30
30
83
41
31
281
69
42
30
3
3
63
8
29
85
62
58
149
241
87
117
69
9
11
23
15
11
132
13
19
29
Total Treasury
8,262
7,105
Total marketable public
debt securities
47,028
38,507
Total Treasury bills.........................
Treasury notes:
%
Aug.
6
Nov.
4-7/8
Feb.
6 1/2
Feb.
May
4-3/4
May
7-3/4
8-1/8
Aug.
Feb.
7 3/4
May
7-1/4
Aug.
5-5/8
Nov.
5-3/4
Feb.
5-3/4
5-7/8
Feb.
5-7/8
May
6
May
5-7/8
Aug.
Nov.
7
Feb.
6-1/4
May
5-3/4
6-1/2
May
7-1/2
Aug.
Nov.
6-1/4
8
Feb.
Aug.
7-3/4
Feb.
6-1/4
Nov.
6
1-1/2
Oct.
1-1/2
Apr.
1-1/2
Oct.
1-1/2
Apr.
Oct.
1-1/2
1-1/2
Apr.
1-1/2
Oct.
1-1/2
Apr.
1-1/2
Qc±.
1-1/2
Apr.
1972-E......................
1972-F......................
1973-D......................
1973-C......................
1973-E......................
1973-A ......................
1973-B......................
1974-c......................
1974-D......................
1974-B......................
1974-A......................
1975-A ......................
1975-E.......... ,...........
1975-F......................
1975-B......................
1975-C......................
1975-D......................
1976-A......................
1976-E......................
1976-B......................
1976-C......................
1976-D......................
1977-A......................
1977-B......................
1978-A ......................
1978-B......................
1972-E0.....................
1973-EA.....................
1973-E0.....................
1974-EA.....................
1974-E0.....................
197 5-EA.....................
1975-E0.....................
1976-EA..... ................
1976-E0... ............ .
1977-EA.....................
Total Treasury
Treasury bonds:
2-1/2
Sept.
Dec.
2-1/2
Aug.
4
Aug.
4
Nov.
4-1/8
Feb.
4-1/8
May
4-1/4
3-7/8
Nov.
May
4-1/4
June
3-1/4
Feb.
4
Nov.
3-1/2
Aug.
7
Feb.
6-3/8
May
3-1/4
6-1/8
Nov.
Aug.
4-1/4
Feb.
4
4-1/8
May
Feb.
3-1/2
Feb.
3
Nov.
3-1/2
1967-72.....................
1967-72.....................
1972........................
1973........................
1973........................
1974........................
1974........................
1974........................
1975-85.....................
1978-83.....................
1980........................
1980........................
1981........................
1982........................
1985........................
1986........................
1987-92.....................
1988-93.....................
1989-94.....................
1995........................
1998
Footnotes at end of Table TSC-6.
-
*
■x1
*
*
*
-*
*
-
_
3
*
*
*
■X-
336
200
50
380
612
455
309
168
34
37
51
46
1
185
9
53
33
1
2
47
3
11
714
189
3,025
3,177
1,157
4,398
1,504
13,959
18,645
8,521
*
54
9
*
8
*
1
8
•*
*■
9
■*
■x1
*
1
*
*
*
*
1
12
4
10
Treasury Bulletin
80
__________________ TREASU RY SURVEY - COMMERCIAL BAN K OWNERSHIP, JUNE 30, 1972 _ _ _ _ _ _ _ _ _ _ _ _ _
Table TSC-4. - Interest-Bearing Nonmarketable Public Debt Securities by Type
(Par values - in millions of dollars)
Held by
5,647
commercial
banks 1/
Type
Federal Reserve member banks
176 Reserve city
3,401
member
banks
11
New York
City
9
Chicago
156
other
3,225
country
2,246
nonmember
banks
U.S. savings bonds:
Series E 2/..............................
Series H .................................
_
_
_
_
_
_
_
Total U.S. savings bonds...................
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
10
_
_
_
_
_
2
_
8
_
2
_
_
_
_
_
_
_
_
2
_
_
13
_
_
4
_
_
_
_
_
_
_
_
_
_
Other U.S. securities:
Certificates of indebtedness:
Foreign Series..........................
Foreign Currency Series..................
Treasury certificates......................
Treasury notes*
Foreign Series..........................
Foreign Currency Series..................
Depositary bonds..........................
Treasury bonds:
Foreign Series..........................
Foreign Currency Series..................
R.E.A. Series...........................
Investment Series B......................
Other..................................
U.S. retirement plan bonds....................
U.S. savings notes...........................
19
_
_
_
Total other U.S. securities...................
41 2/
25
-
-
4
21
6
Total nonmarketable public debt securities......
41 2/
25
-
-
4
21
6
156
other
3,225
country
2,246
nonmember
banks
_
22 2/
_
_
_
15
_
_
_
_
_
_
_
Footnotes at end of Table TSC-6.
Table TSC-5. - Securities Issued by Government Agencies
(Par values - in millions of dollars)
Federal Reserve member banks
176 Reserve city
Issues
Exnort-Iirroort Bank:
6.15% Apr. 1973 (Debentures).............
5.30 Feb. 1975 (Debentures).............
5.70 Dec. 1976 (Debentures).............
6.60 May
1979 (Debentures).............
Participation certificates.................
Total...................................
Held by
5,647
commercial
banks l/
3,401
member
banks
11
New York
City
9
Chicago
1
X-
X
X
5
8
16
44
29
19
75
473
10
5
4
21
13
127
126
102
54
161
94
103
92
46
139
570
183
76
58
48
21
53
256
96
33
24
10
8
22
Federal Housing Administration:
(Debentures).............................
Government National Mortgage
Association:
Participation certificates.................
42
29
8
-
4
18
13
570
469
37
1
222
209
101
Postal Service:
6-7/8% Feb. 1982-97 (Bonds)...............
11
9
X
-
6
2
2
41
4
8
14
x
x
x
1
1
x
1
*
1
6
7
41
3
7
9
*
x
x
Tennessee Valley Authority:
Short-term notes..........................
June 1974 (Bonds).................
8%
8-3/4 June 1975 (Bonds).................
7-1/4 July 1976 (Bonds).................
Nov. 1985 (Bonds).................
4.40
4-5/8 July 1986 (Bonds).................
4-1/2 Feb. 1987 (Bonds).................
5.70 May
1992 (Bonds).................
6-3/S Nov. 1992 (Bonds).................
8-1/4 Oct. 1994 (Bonds).................
9
Mar. 1995 (Bonds).................
7.30
Oct. 1996 (Bonds).................
7
Jan. 1997 (Bonds).................
7.35 May
1997 (Bonds).................
Total...................................
Total Government agency securities
covered in survey..........................
Footnotes at end of Table TSC-6.
X
-
40
X
X
X-
X
X
X
-
X
X
-
2
3
7
8
1
1
5
-
-
X
X
X
-
_
-
-
X
*
1
-
X
X
“
•X
■X
*
1
1
X
X
X
X
X
X
*■
5
7
*
6
84
74
1,277
1,054
X
X
"
-
-
X
X
1
•X
3
2
—
X
X
X
7
X
45
22
10
72
13
461
508
223
August 1972
81
........................... ,TREASU RY SURVEY - COMMERCIAL BANK OWNERSHIP, JUNE 30,
Table TSC-6. - Securities Issued by Government-Sponsored Agencies
and the District of Columbia
(Par values - in millions of dollars)
Federal Reserve member banks
Issues
Banks for cooperatives:
1972 (Debentures)..............
4.65% July
3.80 Aug.
1972 (Debentures)..............
Oct.
1972 (Debentures)..............
4.55
1972 (Debentures)......... .
4.65 Nov.
Dec.
1972 (Debentures)..............
4.45
7.30
Oct.
1973 (Debentures)..............
Total
Farmers Home Administration:
8-7/8% Jan.
1975 (Insured
6-5/8 Aug.
1976 (Insured
1977 (insured
6.35 Mar.
8.90
Jan.
1980 (insured
7
Nov.
1980 (insured
1981 (insured
6.4-0 Mar.
7-7/8 June
1981 (insured
7.10
Jan.
1982 (insured
8-5/8 July 1985 (Insured
7-1/2 Aug.
1986 (Insured
notes)...........
notes)...........
notes)...........
notes)...........
notes)...........
notes)...........
notes)...........
notes)...........
notes)...........
notes)...........
Total
Federal home loan banks:
6-1/4% Aug.
1972 (Bonds)..................
Nov.
1972 (Bonds)..................
5.75
7-3/8 Nov.
1972 (Bonds)..................
Feb.
8.35
1973 (Bonds)..................
5.70 Feb.
1973 (Bonds)..................
1973 (Bonds)..................
4-1/4 May
7.20 Aug.
1973 (Bonds)..................
Jan.
8.40
1974 (Bonds)..................
7.10 Feh.
1974 (Bonds)..................
Feb.
8.40
1974 (Bonds)..................
6.35 May
1974 (Bonds)..................
7.65 Aug.
1974 (Bonds)..................
8
Nov.
1974 (Bonds)..................
6.10 Feb.
1975 (Bonds)..................
1975 (Bonds)..................
8.05 May
7.95 Aug.
1975 (Bonds)..................
6-1/2 Nov.
1975 (Bonds)..................
1976 (Bonds)..................
7-3/8 Feb.
May
1977 (Bonds)..................
6.95
Feb.
1980 (Bonds)..................
7.75
7.80
Oct.
1980 (Bonds)..................
6.60 Nov.
1981 (Bonds)..................
7.10 Nov.
1972 FHLMC J/
(Mtg. Backed Bonds)............
6.70 Nov.
1973 FHLMC 2J
(Mtg. Backed Bonds)............
5.30 Aug.
1974 FHLMC 2/
(Mtg. Backed Bonds)............
Feb.
6.15
1977 FHIMC 2/
(Mtg. Backed Bonds)............
8.60 Nov.
1976-95 FHLMC
(Mtg. Backed Bonds)............
1977-96 FHIMC 1/
7.75 Aug.
(Mtg. Backed Bonds)............
1982-97 FHLMC 2J
7.15 May
(Mtg. Backed Bonds)............
Total,
Federal
5.55%
4.95
4-5/8
4.75
3.95
4
4.80
4.95
4.80
8.15
7-3/4
6.85
5.95
6.05
5.70
intermediate
July
1972
Aug.
1972
Sept.
1972
Oct.
1972
Nov.
1972
Dec.
1972
Jan.
1973
Feb.
1973
Mar.
1973
Mar.
1973
1973
July
Jan.
1974
July
1974
Jan.
1975
July
1975
credit banks:
(Debentures)..............
(Debentures)..............
(Debentures)..............
(Debentures)..............
(Debentures)..............
(Debentures)..............
(Debentures)..............
(Debentures)..............
(Debentures)..............
(Debentures)..............
(Debentures)..............
(Debentures)..............
(Debentures)..............
(Debentures)..............
(Debentures)..............
Total
Footnotes at end of tab le.
Held by
5,647
commerical
banks 1/
3,401
member
banks
91
55
58
27
38
59
68
37
36
18
25
36
329
176 Reserve city
11
New York
City
9
Chicago
156
other
6
*
*
1
2
10
1
2
1
*
*
*
45
20
11
2
8
12
220
19
4
34
69
87
2
74
67
49
71
10
8
24
64
67
1
64
51
36
57
9
7
_
6
_
_
4
*
2
4
472
381
1
10
_
*
*
_
_
_
_
11
16
70
64
99
50
70
63
145
27
80
50
98
22
31
64
51
63
86
89
53
44
36
62
45
48
76
35
48
42
111
18
61
32
61
15
22
47
36
47
67
65
39
32
29
51
*
1
1
1
*
3
6
*
*
*
9
*
*
*
1
*
*
*
*
*
8
*
*
*
*
*
*
*
■*
1
*
*
*
*
•*
*
*
*
*
■*
*
*
■*
5
36
29
-
36
28
_
97
109
4
5
7
_
8
9
3
18
_
-
19
43
60
1
51
42
31
35
9
7
10
6
20
*
10
16
13
14
1
1
54
299
91
14
14
50
4
1
3
48
2
24
4
2
1
3
9
7
17
7
23
7
2
2
4
31
33
25
30
46
35
56
16
36
28
50
13
19
38
28
29
60
41
32
29
19
42
25
17
23
15
23
21
34
9
19
18
30
8
9
17
16
16
19
24
14
12
7
10
7
7
15
8
1
4
23
8
57
36
-
*
62
5
-
2
1
_
3
2
_
5
1,645
4
1,186
2
109
125
87
103
92
152
106
67
91
31
47
78
65
106
139
1,400
84
92
66
81
63
123
61
43
67
22
31
56
52
82
112
1,033
12
12
*
-
10
20
*
5
3
*
*
5
*
*
13
81
(Continued on following page)
2,246
nonmember
banks
18
15
24
14
14
14
100
90
38
3,225
country
22
18
22
10
13
23
1
34
22
17
39
28
_
_
1
1
_
_
2
2
-
-
2
1
278
854
459
*
*
*
3
*
*
*
•*
*
*
*
*
*
*
*
30
40
21
39
13
43
7
5
12
2
9
15
15
43
39
42
39
45
39
40
59
53
32
51
19
22
36
36
39
61
4
334
613
25
33
22
23
28
30
45
24
25
10
16
22
13
24
27
367
17
Treasury Bulletin
82
.TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP, JUNE 30, 1972
Table TSC-6. - Securities Issued by Government-Sponsored Agencies
and the District o f Columbia - (Continued)
(Par values - in millions of dollars)
Federal Reserve member banks
Issue
Federal land banks:
July 1972
(Bonds)...............
8.20%
3-7/8
(Bonds)...............
Sept. 1972
(Bonds)...............
8.35
Sept. 1972
5-7/8
Oct. 1972
(Bonds)...............
6-1/2
Oct. 1972
(Bonds)...............
Jan. 1973
7.95
(Bonds)...............
Feb. 1973- 78(Bonds)...............
4-1/8
5.20
Apr. 1973
(Bonds)...............
July 1973
(Bonds)...............
7.95
July 1973
(Bonds)...............
8.45
7.80
Oct. 1973
(Bonds)...............
Feb. 1974
(Bonds)...............
4-1/2
7.30
Apr. 1974
(Bonds)...............
July 1974
(Bonds)...............
5.85
5.30
Oct. 1974
(Bonds)...............
Jan. 1975
8-3/8
(Bonds)...............
4-3/8 Apr. 1975
(Bonds)...............
5.70
July 1975
(Bonds)...............
7.20
Oct. 1975
(Bonds)...............
Jan. 1976
6.25
(Bonds)...............
Feb. 1976
5
(Bonds)...............
5-3/8
July 1976
(Bonds)...............
6.35
Oct. 1977
(Bonds)...............
5-1/8 Apr. 1978
(Bonds)...............
Jan.
5
(Bonds)...............
1979
6.70
Apr. 1981
(Bonds)...............
6.90
Apr. 1982
(Bonds)...............
Total
Federal National Mortgage
Association:
Discount notes...........................
(Debentures)..........
7.40% Sept. 1972
(Debentures)..........
Sept. 1972
8.40
7.20
Dec. 1972
(Debentures)..........
8
Dec. 1972
(Debentures)..........
7.30
Mar. 1973
(Debentures)..........
8.30
Mar. 1973
(Debentures)..........
June 1973
(Debentures)..........
4-1/4
June 1973
(Debentures)..........
6.75
(Debentures)...........
June
8.35
1973
6-1/8
Sept. 1973
(Debentures)..........
8.10
(Debentures)..........
Sept. 1973
(Debentures)..........
5-3/4 Dec. 1973
Dec. 1973
(Debentures)..........
7.15
Mar. 1974
(Debentures)..........
5.45
(Debentures)..........
7-3/4 Mar. 1974
June 1974
5.70
(Debentures)..........
7.90
June 1974
(Debentures)..........
(Debentures)..........
Sept. 1974
5.65
(Debentures)..........
Sept. 1974
7,85
Dec. 1974
6.10
(Debentures)..........
Dec. 1974
(Debentures)..........
6.45
Mar. 1975
(Debentures)..........
6.35
Mar. 1975
(Debentures)..........
7.55
June 1975
(Debentures)..........
5-1/4
7.50
(Debentures)..........
Sept. 1975
Dec. 1975
5.70
(Debentures)..........
Mar. 1976
(Debentures)..........
5.65
June 1976
(Debentures)..........
5.85
6.70
June 1976
(Debentures)..........
(Debentures)..........
Sept. 1976
5.85
6-1/8
( Debentures)..........
Sept. 1976
Dec. 1976
(Debentures)..........
7.45
(Debentures)..........
Feb. 1977
4-1/2
(Debentures)..........
6.50
June 1977
(Debentures)...,........
June 1977
6-3/8
(Debentures)..........
6-7/8
Sept. 1977
Dec. 1978
(Debentures)..........
6.75
(Debentures)..........
Sept. 1979
6 .40
(Debentures)..........
Dec. 1979
6.55
6-7/8 Mar. 1980
(Debentures)..........
Jan. 1981
(Debentures)..........
6.15
1981
(Debentures)..........
June
7-1 /4
Footnotes at end o f tab le.
Held by
5,647
commercial
banks l/
176 Reserve city
3,401
member
banks
11
New York
City
9
Chicago
98
7
71
36
105
87
35
103
102
38
66
16
109
109
101
25
29
158
61
81
11
9
123
17
49
51
33
1,730
67
5
45
25
75
55
33
78
71
25
41
11
85
88
80
15
21
119
44
56
7
6
98
14
39
38
22
1
1
-*
1
3
*
2
*
*
6
*
*
2
*
*
*
1
*
•*
6
*
*
*
1
*
1
*
•*
*
*
*
*
*
*
■*
*
•*
*
■*
*
*
*
*
*
*
*
1
*
*
*
*
*
**
1,262
27
4
73
26
57
116
25
186
46
11
156
62
102
51
201
149
153
90
121
116
85
32
109
206
213
98
131
67
136
124
128
49
132
111
58
18
51
85
83
113
120
128
64
60
16
36
82
16
154
38
8
122
48
79
37
169
102
127
75
94
93
69
24
94
168
173
78
94
50
97
101
102
38
112
89
45
15
43
66
70
81
95
103
46
5
*
*
6
2
21
*
*
10
1
2
1
2
2
*
*
5
7
1
*
1
10
5
7
3
5
*
■*
5
3
10
*
•*
*
1
-
-
57
41
156
other
9
2
2
1
26
9
17
35
33
*
1
*
25
24
15
1
5
45
*
6
2
*
12
7
19
2
3
302
*
*
-
-
8
5
1
1
1
-
53
3
3
29
2
67
20
1
41
23
19
8
70
19
50
24
11
20
14
3
47
84
87
33
24
*
18
24
21
3
56
36
8
7
11
21
30
28
44
46
7
-
-
-
8
(Continued on following page)
*
-
1
*
24
*
*
*
3
*
2
*
*
20
5
25
*
*
1
6
*
-*
*
-
•*
*
*
3
4
*
*
*
3
3,225
country
2,246
nonmember
banks
56
2
42
23
46
46
15
43
38
18
40
10
58
65
65
13
14
73
43
43
5
5
86
6
20
35
19
32
2
26
12
30
31
2
24
31
13
25
5
24
21
21
10
8
39
18
25
4
3
25
4
10
13
10
930
468
2
13
33
47
12
42
17
7
70
23
55
28
95
80
77
31
73
13
10
21
34
9
32
8
3
34
15
23
14
31
47
26
15
27
23
15
8
15
38
40
20
37
17
39
22
26
10
20
22
13
3
8
19
13
32
25
26
18
40
55
20
47
73
75
38
66
44
79
77
81
30
50
39
36
8
32
45
39
54
42
51
39
_
_
30
16
August 1972
83
.TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP, JUNE 30, 1 9 7 2 .
Table TSC-6. - Securities Issued by Government-Sponsored Agencies
and the District of Columbia - (Continued)
(Par values - in millions of dollars)
Federal Reserve member banks
Held by
5,647
commercial
banks ]J
Federal National
(Continued):
Sept.
7-1/4#
May
5.84
June
6.65
June
6.75
Sept.
6.75
June
6-1/4
6.90
Dec.
Mar.
7
June
7.05
6
Oct.
8
Apr.
4-3/8
Oct.
7-1/2
Oct.
8-3/8
June
8-5/8
Oct.
176 Reserve city
2,246
3,401
member
nonmember
11
New York
City
9
Chicago
156
other
3,225
country
:
(Debentures)............
(Debentures)............
(Debentures)............
(Debentures)............
(Debentures)............
(Debentures)............
(Debentures)............
(Debentures)............
(Debentures)............
(Capital
Debentures)............
1975 (Capital
Debentures)............
1996 (Capital
Debentures)............
1972 (Mtg. Backed
Bonds)................
1975 (Mtg. Backed
Bonds)................
1980-90(Mtg. Backed
Bonds)................
1981
1982
1982
1983
1983
1984
1984
1992
1992
1973
Total.
District of Columbia:
Dec.
1970-79
36
31
50
42
45
53
22
41
31
35
45
17
22
30
33
17
18
25
16
10
10
21
5
1
1
15
14
13
17
1
3
36
31
10
11
10
4
1
4
75
53
2
51
21
41
31
4
27
10
2
9
8
4
3
2
1
60
43
12
31
16
54
33
17
37
4
6
3
1
2
3
4,684
3,674
1,212
2,188
1,010
171
102
(Bonds).
1/ Includes trust companies and stock savings banks but excludes securi
ties held in trust departments.
2/ Total includes $10 million depositary bonds held by commercial banks
not included in the Treasury Survey.
2/
*
Obligations 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.
84
Treasury Bulletin
MARKKT QUOTATIONS ON TREASURY SECURITIES, JULY 31, 1972________________________
Current market quotations shown here are over-thecounter closing bid quotations in the New York market
for the last t r a d i n g day of the month, as reported to
the Treasury by the F e d eral Reserve Bank of New York.
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.
Table MQ-1. - Treasury Bills
Amount outstanding
(millions)
13-week
26-week
$2,301
2,301
2,301
2,300
2,302
2,301
2,301
2,301
2,300
2,297
2,301
2,301
2,301
$1,600
1,600
1,801
1,803
1,796
1,800
1,801
1,801
1,805
1,800
1,801
1,801
1,801
1,801
1,800
1,801
1,801
1,801
1,800
1,802
1,802
1,799
1,799
1,801
1,800
1,800
13-week
5/4/72
5/11/72
5/18/72
5/25/72
6/1/72
6/8/72
6/15/72
6/22/72
6/29/72
7/6/72
7/13/72
7/20/72
7/27/72
Amount outstanding
(millions)
Bank discount
Issue date
26-week
Maturity
date
Bid
2/3/72
2/10/72
2/17/72
2/24/72
3/2/72
3/9/72
3/16/72
3/23/72
3/30/72
4/6/72
4/13/72
4/20/72
4/27/72
5/4/72
5/11/72
5/18/72
5/25/72
6/1/72
6/8/72
6/15/72
6/22/72
6/29/72
7/6/72
7/13/72
7/20/72
7/27/72
8/3/72
8/10/72
8/17/72
8/24/72
8/31/72
9/7/72
9/14/72
9/21/72
9/28/72
10/5/72
10/12/72
10/19/72
10/26/72
11/2/72
11/9/72
11/16/72
11/24/72
11/30/72
12/7/72
12/14/72
12/21/72
12/28/72
1/4/73
1/11/73
1/18/73
1/25/73
3.90%
3.58
3.61
3.61
3.60
3.61
3.63
3.64
3.66
3.71
3.77
3.78
3.80
3.88
3.94
3.97
4.01
4.05
4.04
4.06
4.09
4.10
4.24
4.25
4.30
4.32
Change from
last month
9-month
Bank discount
one-year
9-month
one-year
$1,200
1,201
1,200
1,201
1,200
1,200
1,200
1,201
1,200
1,200
1,201
1,201
11/30/71
12/31/71
1/31/72
2/29/72
3/31/72
5/1/72
5/31/72
6/30/72
7/31/72
8/31/71
9/30/71
10/31/71
11/30/71
12/31/71
1/31/72
2/29/72
3/31/72
4/30/72
5/31/72
6/30/72
7/31/72
$500
501
500
500
501
500
501
501
500
+ .15%
-.28
-.22
-.27
-.31
-.34
-.32
-.35
-.40
-.36
-.41
-.41
-.43
-.45
-.40
-.40
-.41
-.39
-.44
-.45
-.45
-.47
Issue date
Maturity
date
8/31/72
9/30/72
10/31/72
11/30/72
12/31/72
1/31/73
2/28/73
3/31/73
4/30/73
5/31/73
6/30/73
7/31/73
Bid
Change from
last month
3.60%
3.65
3.87
4.05
3.59
4.35
4.48
4.59
4.63
4.70
4.77
4.80
-.31%
-.42
-.36
-.39
-.77
-.36
-.40
-.34
-.33
-.32
-.32
-
-
Table MQ-2. - Treasury Notes
(Price decimals are 32nds)
Price
Amount
outstanding
(millions)
$2,574
2,285
2,514
4,268
5,844
3,792
1,839
2,960
4,334
10,284
7,212
5,148
2,045
6,760
1,776
7,679
3,115
3,739
U
2,697
2,802
4,194
1,283
5,163
2,264
8,389
8,207
k/
33
34
30
34
42
8
30
27
11
3.5
Description
5%
6
6-1/2
4-7/8
7-3/4
4-3/4
8-1/8
7-3/4
7-1/4
5-5/8
5-3/4
5-3/4
5-7/8
6
5-7/8
5-7/8
7
6-1/4
5-7/8
6-1/2
5-3/4
7-1/2
6-1/4
8
7-3/4
6-1/4
6
6-1/4
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
_
-
_
-
-
_
-
-
-
-
-
Footnotes at end of Table MQ-3.
Bid
Price range since first traded 1/
Yield
Change
from last
month
To
maturity
Change
from last
month
Price
Date
100.23
101.24
102.15
100.25
107.24
100.06
109.12
109.13
108.12
103.28
2/18/72
1/14/72
1/14/72
1/14/72
3/22/71
5/6/72
3/22/71
3/22/71
3/22/71
3/22/71
5.40
5.56
5.57
5.72
5.70
-.22
-.16
-.16
-.06
-.08
11/15/67
2/15/68
10/22/71
5/15/68
4/3/72
104.20
104.20
102.10
105.22
103.07
3/22/71
3/22/71
1/14/72
3/22/71
5/30/72
98.20
99.14
99.29
99.25
99.14
99.23
100.03|
100.04
100.13i
89.14
89.22
89.18
99.19
90.00
99.20
6/30/71
8/10/71
8/11/71
11/24/71
5/4/70
-.34
-.34
-.30
-.24
-.21
5/15/71
6/29/71
8/16/71
11/15/71
10/1/69
5/15/72
2/15/70
8/15/70
11/15/70
8/15/68
7/3/72
1/29/70
8/10/70
10/23/70
12/29/69
12/29/69
12/29/69
4/4/72
5/18/71
4/12/72
5.76
5.81
5.77
5.89
5.91
5.88
5.93
5.92
5.92
5.95
6.10
6.07
6.23
6.86
6.17
5.71
5.89
-.06
-.02
+.02
2/15/71
8/15/71
2/15/69
8/15/72
5/15/69
2/15/72
10/1/69
9/8/71
2/15/70
8/15/70
2/15/71
11/15/71
8/15/72
10/1/67
4/1/68
10/1/68
4/1/69
105.00
106.09
106.28
99.31
107.24
101.00
111.28
103.27
114.08
114.00
106.20
101.08
100.04
99.04
97.00
95.10
93.04
91.12
89.00
87.10
85.16
83.12
81.12
3/22/71
1/14/72
3/22/71
7/31/72
3/22/71
2/17/72
3/22/71
12/28/71
3/22/71
3/22/71
3/22/71
1/14/72
7/31/72
7/31/72
7/31/72
7/31/72
7/31/72
95.26
99.25
91.20
99.28
92.16
98.17
97.28
100.01
99.31
98.28
95.11
98.10
99.31
83.18
81.20
79.04
76.00
7/28/71
7/28/71
1/30/70
7/27/72
1/30/70
4/5/72
5/4/70
4/12/72
5/4/70
8/17/70
8/10/71
4/4/72
7/27/72
1/30/70
1/30/70
1/30/70
1/30/70
7/31/72
7/31/72
7/31/72
7/31/72
7/31/72
7/31/72
73.30
74.26
76.16
80.02
80.26
80.02
1/30/70
5/29/70
10/30/70
6/30/71
10/29/71
4/28/72
+.02
+.05
+ .04
+ .09
+ .02
-1.10%
3.52
4.53
4.52
4.72
-4.64%
-.95
-.45
-.51
-.33
5/15/73-E
8/15/73-B
2/15/74-C
5/15/74-D
8/15/74-B
11/15/74-A
2/15/7 5-A
2/15/75-E
5/15/75-B
5/15/75-F
100.00
103.11
103.23
103.10
100.15
+.09
+. 04
+.09
+ .09
+.13
+ .15
+ .12
+.12
+.05
+ .06
4.75
4.78
5.20
5.28
5.38
+.05
-.01
-.04
10/l/74-E0
4/1/75-EA
10/1/75-E0
4/l/76-EA
10/l/76-E0
4/1/77-EA
-
+. 04
-.01
+ .02
+.01
+ .07
+ .06
-
+ .10
+ .12
+ .06
+ .04
+.06
+ .02
+.08
+ .08
+ .02
Low
Date
100.07
100.22
101.01
100.06
102.10
8/15/75-C
11/15/75-D
2/15/76-A
2/15/76-F
5/15/76-B
5/15/76-E
8/15/76-C
11/15/76-D
2/15/77-A
8/15/77-B
2/15/78-A
ll/15/78-B
8/15/79-A
10/1/72-E0
4/1/73-EA
10/1/73-E0
4/1/74-EA
High
Price
8/15/72-E
11/15/72-F
2/15/73-C
2/15/73-D
5/15/73-A
100.24
100.14
100.23
100.23
100.14
100.10
103.16
101.16
99.31
101.31
99.18
105.18
101.07
108.06
107.23
100.23
99.20
100.04
99.04
97.00
95.10
93.04
91.12
89.00
87.10
85.16
83.12
81.12
Issue
date
5.80
6.03
5.96
5.96
6.08
6.15
-
-.01
-.04
-.02
-.03
-.03
-.03
-.04
-.04
-
+.37
-.05
+ .09
+.11
+ .06
+.10
+ .01
-
+ .06
+ .07
10/1/69
4/1/70
10/1/70
4/1/71
10/1/71
4/1/72
August 1912
85
.MARKET QUOTATIONS ON TREASURY SECURITIES, JULY 31, 1972
Table MQ-3. - Treasury Bonds
(Price decimals are 32nds)
Price range since first traded 1/
Amount
out
standing
(millions)
Description
Bid
4#
$1,453
1,951
2,546
3,894
4,339
4 ,
4-1/8
8/15/72
9/15/67-72
12/15/67-72
S/15/73
11/15/73
2,467
2,853
2,236
1,207
1,513
4-1/8
4-1/4
3-7/8
4-1/4
3-1/4
2/15/74
5/15/74
11/15/74
5/15/75-85
6/15/78-83
2,583
1,900
807
2,702
2/15/80
11/15/80
1,216
4,370
3,776
242
1,526
4
3-1/2
7
6-3/8
6-3/8
3-1/4
6-1/8
3-1/2
4-1/4
4
4-1/8
1,006
3,465
3
3-1/2
&/
1,011
2- 1/2
2- 1/2
100.05
100.00
99.17
99.04
98.29
98.18
98.12
97.01
83.04
79.02
8/15/81
2/15/82
8/15/84 2/
5/15/85 '1/
11/15/86
2/15/90
8/15/87-92
2/15/88-93
5/15/89-94
2/15/95
11/15/98
1/
2./
i/
2/
2/
i/
2/
To first
call or
maturity
2/
Change
from
last
month
+ .04
+ .10
+ .12
+ .16
+ .20
-0.37#
2.48
3.78
4.88
5.01
-4.03%
-1.60
-.65
-.41
-.44
9/15/72
10/20/41
11/15/45
9/15/63
7/22/64
100.01
+ .22
+ .18
+ .23
+ .22
+1.16
5.11
5.21
5.27
6.18
5.8,8
-.41
-.29
-.29
-.08
-.21
1/15/65
5/15/64
12/2/57
4/5/60
5/1/53
99.28
101.07
110.24
105.28
111.28
+ .04
+ .06
-.14
-.05
6.17
5.83
6.13
6.35
6.43
5.57
-.01
-.01
+ .05
+ .02
103.18
-.18
1/23/59
10/3/60
8/15/71
2/15/72
8/15/72
6/3/58
6.25
5.36
5.98
5.74
5.79
4.50
4.93
+ .04
-.15
-.14
-.09
-.13
-.11
-.12
11/15/71
2/14/58
8/15/62
1/17/63
4/18/63
2/15/55
10/3/60
Change
from
last
month
87.02
84.28
105.30
100.06
99.17
79.00
+1.16
98.28
79.00
80.00
79.06
79.18
-.10
+1.16
+1.16
+1.00
+1.14
78.30
79.00
+1.14
+1.14
l/ Beginning April 1953, prices are closing hid quotations in the over
the 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.
2/ On callable Issues market convention treats the yields to earliest
2/
ij
Issue
date
High
Price
101.20
109.18
106.16
99.30
97.24
110.02
101.14
99.17
101.04
100.20
106.26
104.10
100.11
100.26
101.12
95.14
12/26/62
4/6/46
4/6/46
3/22/71
11/12/64
89.24
78.24
79.06
85.31
85.24
3/22/71
1/12/64
4/22/58
5/5/61
8/4/54
5/12/61
5/12/61
11/5/71
3/9/72
7/31/72
6/11/58
84.28
84.22
62.02
12/29/69
12/29/69
12/29/69
5/26/70
5/26/70
71.04
66.24
99.05
99.22
99.12
61.08
12/29/69
5/24/70
7/28/71
4/13/72
7/27/72
5/26/70
11/5/71
4/21/58
12/26/62
1/16/63
8/28/63
98.00
59.20
63.00
62.18
61.26
4/14/72
5/26/70
5/26/70
5/26/70
5/26/70
6/18/55
5/12/61
59.20
59.20
5/26/70
5/26/70
82.14
66.30
12/29/69
1/6/60
12/29/^69
12/29/69
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."
For amount to be issued on August 15, 1972, see "Treasury Financing
Operations" in the front of this issue of the Treasury Bulletin.
YIELDS OF TREASURY SECURITIES, JULY 31,1972
Based on Closing Bid Quotations
1972
1974
1973
1975
1976
1980
1979
1978
1977
1981
1982
PERCENT
£
*
H
«©
O
5
►—i
O
S!
GO
O
3
>
§
3
GO
M
O
W
cj
£
LEGEND
■ High coupon issues - 7% and higher
X Fixed maturity issues
© Callable issues - plotted to earliest call date
when prices are above par and to maturity
date when prices are at par or below
A 2j6% issues
V/2 % exchange notes
+ Bills - coupon equivalent
3.5
3.0
1972
1973
1974
1975
1976
3
to
5.0
> -
4.51
'80
1977
'82
1978
'84
'88
1979
'90
19 80
'92
94
1981
96
'98
1982
Note: The smooth curve is fitted by eye. Market yields on coupon issues due in less than 3 months are excluded.
a.
a
August 1912
87
AVERAGE YIELD S OF LONG -TERM BONDS
Table AY-1. - Average Yields o f Treasury, Corporate and M unicipal Bonds by Periods
Treasury
bonds 1/
Period
S. I. A.
Aa new
corporate new Aa
manic
ipal
bonds 2/
bonds 2/
S. I. A.
S. I. A.
Treasury Aa new
new Aa
new Aa
bonds 1/ corporate municipal
municipal
bonds 2/
bonds 2/
bonds 2/
Monthly series - averages of daily or weekly series
Treasury
bonds 1/
Aa new
corporate
bonds 2/
1967
1964
1961
Treasury
bonds 1/
Aa new
corporate
bonds 2/
S. I. A.
new Aa
municipal
bonds 2/
1970
June..........
3.89
3.81
3.78
3.80
3.73
3.88
4.63
4.43
4.37
4.57
4.67
4.82
3.30
3.20
3.35
3.45
3.25
3.50
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
9.00
8.84
9.00
9.09
9.53
9.70
6.55
6.25
6.15
6.60
7.00
7.10
Jitly..........
Aug...........
Sept..........
Oct...........
Nov...........
Dec...........
3.90
4.00
4.02
3.98
3.98
4.06
4.81
7.79
4.72
4.60
4.52
4.58
1962
3.43
3.45
3.40
3.30
3.35
3.45
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
1965
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
1968
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
1971
6.22
6.00
6.15
6.25
6.05
5.20
Jan...........
Feb...........
4.08
4.09
4.01
3.89
3.88
3.90
4.56
4.53
4.41
4.37
4.32
4.30
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
^.25
4.35
4.23
4.37
4.47
4.41
4.39
4.28
4.26
4.23
4.28
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
5.92
5.84
5.71
5.75
5.96
5.94
5.91
5.78
5.56
5.46 y
5.48
5.62
7.63
7.54
7.62
7.76
8.25
8.15
4.02 V
3.98
3.94
3.89
3.87
3.87
3.25
3.15
3.10
2.95
3.05
3.15
3.20
3.08
3.05
2.95
2.90
3.00
5.40
5.10
5.00
5.11
5.80
5.89
5.96
5.62
5.20
4.87
4.92
5.02
3.89 y
3.92
3.93
3.97 V
3.97
4.00
1963
4.22
4.25
4.28
4.35
4.36
4.32
2.98
3.00
2.95
3.00
3.00
3.10
4.43
4.61
4.63
4.55
4.57
4.63
3.65
3.63
3.65
3.45
3.60
3.70
5.74
5.86
6.05
5.84
5.85
6.05
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
3.20
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
3.80
4.10
3.93
3.85
3.90
3.80
6.07
6.02
6.32
6.27
6.52
6.81
Feb...........
Mar...........
Apr...........
May...........
Aug...........
Sept..........
Oct...........
Dec...........
Feb...........
Mar...........
Apr...........
May...........
July..........
Aug...........
Sept..........
Oct...........
Period
Treasury
bonds 1/
Aa new
corporate
bonds 2/
1966
S. I. A.
new Aa
municipal
bonds y
Period
4.93
5.09
5.33
5.38
5.55
5.67
5.81
6.04
6.14
6.04
6.11
5.98
Treasury
bonds 1/
1969
Aa new
corporate
bonds 2/
7.29
7.33
7,76
7.54
7.62
8.04
8.06
8.05
8.36
8.46
8.94
9.22
S. I. A.
new Aa
municipal
bonds y
5,60
5.90
6.05
5 ,90
6.05
6.65
Period
5 =59 y
8.24
8.14
7.90
7.72
7.67
7.54
1972
7.36
7.57
7.53
7.77
7.61
7.63
7.72
4.99
5.06
5.29
5.30
5.22
5.26
5.28
I
Treasury
bonds 1/
Aa new
corporate
bonds 2/
5.56
5.59
5.59
5.58
5.61
7.48
7.55
7.63
7.65
7.69
5.61
5.59
5.56
5.58 y
7.73
7.72
7.73
7.68
S. I. A.
new Aa
municipal
bonds y
Weekly series - average for weeks ending 1972:
Feb.
Mar.
4__
11__
18__
25__
3....
10__
17__
24....
5.70
5.71
5.65
5.63
5.62
5.62
5.67
5.68
7.54
7.63
7.58
7.53
7.53
7.52
7.52
7.53
5.05
5.08
4.95
5.03
5.17
5.52
5.20
5.15
1972;
Apr.
May
7...
14...
21...
28...
5__
12...
19...
26...
5.73
5.76
5.76
5.71
5.69
5.69
5.64
5.57
1/ 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 nor callable before 10 years. For bonds currently in
series/ see Table MQ-3.
2/ Treasury series based on reoffering yields of new corporate bonds
rated Aa by Moody's Investors Service. The series is calculated to
reflect bonds with no call protection. Currently 5 years of call
7.64
7.77
7.86
7.80
7.73
7.63
7.63
7.55
y
5.20
5.31
5.28
5.34
5.17
5.29
5.14
5.22
1972:
June
July
2. ...
9....
16__
23....
30-7__
14....
21__
28__
5.30
5.25
5.28
n.a.
5.29
5.25
5.31
5.30
5.17
protection is valued at 15 basis points.
Index of new issue reoffering yields on Aa 20 year general obligations
compiled by Securities Industry Association.
Weekly series are not
available prior to January 1970.
td One or more new long-term bonds added to the average.
5/ An existing bond dropped from the average,
n.a.
Not available,
Oo
00
AVERAGE YIELDS OF LONG - TERM TREASURY, CORPORATE AND MUNICIPAL BONDS
1962
1 9 6 3
1 9 6 4
1 9 6 5
1 9 6 7
1 9 6 6
1 9 6 8
1 9 6 9
1 9 7 0
1971
1972
M o n th ly A v e ra g e s
9.0
9.0
8 .0
8 .0
>
>
O
7.0
7.0
HH
M
tr1
U
go
O
6 .0
"
New Aa
Corporate Bonds
t-1
6 .0
o
a
0
Treasury Bonds
1
h
M
s
5.0
5.0
td
o
as
o
4.0
~S.I.A. New Aa~
Municipal Bonds
4.0
3.0
3.0
i
ba
1 9 6 2
1 9 6 3
1 9 6 4
1 9 6 5
1 9 6 6
1 9 6 7
1 9 6 8
1 9 6 9
1 9 7 0
1971
1 9 7 2
58
&
S.
s
August 1972
89
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 State-s 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
Total
reserve
assets
195 7
195 8
195 9
196 0
196 1
1962....
196 3
196 4
196 5
196 6
196 7
196 8
196 9
197 0
197 1
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/
1971-July,
Aug.,
Sept,
Oct..
Nov..
Dec..
1972-Jan.
Feb..
Mar..
Apr. ,
May..
June.,
13,283
12,128
12.131
July.,
Total 2/
Treasury
22,857
20,582
19,507
17,804
16,947
16,057
15,596
15,471
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
13,806 6/
13,235
12,065
10,892
11,859
11,072
10,206
10,332
851
1,100
12,270
12,285
13,345 2/
13,339
10,453
10,209
10.207
10.207
10,206
10,206
10,206
9,662
9,662
9,662
10.490 2/
10.490
9.588
9.588
9.588
10,410 2/
10,410
1,147
1.097
1.097
1,100
1,100
1,100
1,810
1,810
1,810
1,803
1.958 2/
1.958
13,090
10.490
10,410
1,958
12,146
12.131
12,167 8/
12,879
12,330
Includes gold sold to the United States by the International Monetary
Fund with the right of repurchase, and gold deposited by the International 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
Treasury gold figures shown in daily Treasury statement. See "Account
of the Treasurer of the United States," 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.
Includes holdings of Treasury and Federal Reserve System.
U
5/ The 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
1/
10,132
Special
drawing
rights 2 /
10,132
10,132
10,132
10,132
10,3 32
10,132
Convertible
foreign
currencies i j
116
99
212
432
781
1,321
2,345
3,528
2,781 7/
629
276 8/
250
248
250
259
243
276 8/
27b
276
212
429
457
Reserve
position in
International
Monetary Fund _5/
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
1,433
574
577
580
582
585
587
582
586
391
428 2/
434
203
439
tional amounts equal to the United States quota. See Table IFS-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
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.
7/ 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.
8/ 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.
2/ Total reserve assets include increase of $1,016 million resulting from
change in par value of the U.S. dollar on May 8, 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 Monetary Fund.
90
Treasury Bulletin
.IN TERN ATION AL FINANCIAL STATISTICS
Table IFS-2. - U.S. Liquid and Nonliquid Liabilities to Foreign O fficial Institutions,
and Liquid Liabilities to All Other Foreigners
fin millions of dollars)
Liabilities to foreign countries
End of
calendar
year
or month
Total
15,825 3 /
16,845 2/
19,428
1957............
1958............
1959............
Liquid
liabil
ities
to IMF
arising
from
gold
trans
actions 1/
Liquid
Total
200
200
500
n.a.
n.a.
10,120
Shortterm
liabil
ities
reported
by banks
in U.S.
Marketable
U.S.
Gov't
bonds
and
notes 2/Aj
n. a.
n.a.
966
I960 in/
f 20,994
\ 21,027
800
800
11,078
11,088
7,917
8,665
9,154
10,212
10,212
1961 10/
J 22,853
\ 22,936
J 24,268
\ 24,268
800
800
11,830
11,830
10,940
10,940
890
890
800
800
J 26,433
< 26,394
800
_ 800
11,997
11,963
12,467
12,467
751
751
1Qf>°> in/
1,217
1,183
106Z. in/
/ 29,313
\ 29,364
800
800
12,948
12,914
14,459
14,425
15,790
15,786
13,224
13,220
1,125
1,125
29,569
834
1,011
1,011
15,826
13,066
14,841
14,896
12,484
12,539
1,105
860
860
1,033
1,033
1,030
1,030
18,201
18,194
17,407
17,340
14,034
14,027
908
908
11,318
11,318
529
462
1,019
1,019
566
566
15,975 11/11,054
15,998
11,077
544
544
1965............
1966 10/
1967 10/
1968 10/
1969 10/
1Q70 10/
f 31,145
t 31,020
f 35,819
\ 35,667
J 38,687
{ 38,473
j 45,755 11/
\ 45,914
r 47,009
{ 46,960
1971 10/ 12/.....
J 67,693
{ 67,819
1971-June........
54,765
56,603
63,105
63,943
65,262
65,746
67,693
67,819
69,077
70,032
71,071
72,257
72,136
73,996
July........
Aug.........
Sept........
Oct........
Nov........
rjpp , X
in/1
?/
SJ/J-C
’/ ••• f
t
1972-Jan........
Feb........
Mar.........
Apr........
May p.......
June p......
Note:
Liquid liabilities
to other foreigners
Official institutions 2/
866
876
23,786
23,775
51,221
50,661
19,333
19,333
346
346
306
295
39,679
39,016
1,955
1,955
379
632
870
1,015
1,272
1,747
1,955
1,955
2,260
2,448
2,882
2,933
3,283
3,557
548
33,996
26,808
544
544
544
544
544
544
544
36,259
43,863
45,331
46,574
48,339
51,221
50,661
26,868
34,015
35,080
36,067
37,271
39,679
39,016
544
-
51,531
52,847
53,858
54,136
53,615
54,630
39,586
40,699
41,007
38,741
37,857
38,632
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 nonmarketable, nonconvertible U.S. Treasury notes issued to foreign of
ficial nonreserve agencies and the inclusion of investments by foreign
official reserve agencies in nonguaranteed bonds of U.S. Federallysponsored agencies. Table excludes International Monetary Fund "hold
ings 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. The liabilities figures are
used by the Department of Commerce in the statistics measuring the
balance of international payments of the United States. However, this
table does not include changes in liquid claims reported by U.S. banks
and nonbanking concerns, which are used in calculating the net liquidity balance, or certain nonliquid liabilities to foreign official
institutions which enter into the calculation of the official reserve
transactions balance. In addition, the balance-of-payments statistics
include certain adjustments to Treasury data prior to 1963 and some
rounding differences, and may differ from the Treaeury data because of
varying timing in incorporating revisions.
1/ 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.
2 / Includes Bank for International Settlements and European Fund.
2/ Derived by applying reported transactions to benchmark data; breakdown
of transactions by type of holder estimated 1960-1963. Includes se
curities issued by corporations and other agencies of the United States
Government which are guaranteed by the United States.
Nonliquid
Nonmarket able
convert
ible U.S.
Treasury
bonds
and
notes
_
703
703
Long
term
liabil
ities
reported
by banks
in U.S.
_
_
9
9
158
158
1,079
1,079
1,201
120
256
256
913
913
1,807
1,807
711
711
701
701
555 11/
555
2,341
2,341
1,505
1,505
Liquid
Nonliabil
market ities
able
to
nonbanks 6/
convertible U.S.
Treasury
bonds and
notes 5/
_
_
200
200
Total
3,472
3,520
4,678
n.a.
n.a.
2,940
4,818
4,818
5,404
5,484
5,346
5,346
Liquid
liabil
ities
to non
Short- Market
monetary
term
able
interna
liabil U.S.
tional
ities
Gov't
and re
reported bonds
gional
by banks and
in U.S. notes 2/2/ organizations8/
n.a.
n.a.
541
764
1,047
1,190
2,773
2,780
2,252
2,430
2,399
2,230
2,230
543
550
2,871
2,873
2,355
2,357
516
516
2,565
2,565
3,046
3,046
448
448
1,525
1,541
1,948
1,949
2,161
2,195
1,960
1,965
1,722
1,722
63
63
5,817
5,817
3,013
3,013
3,397
3,387
204
204
7,271
7,303
3,730
3,753
3,354
3,377
351
341
376
376
334
328
328
7,419
10,116
9,936
4,059
4,271
4,272
3,587
472
528
528
1,431
906
905
741
741
2,518
2,518
11,209
11,085
14,472
14,472
4,685
4,678
3,743
3,744
4,127
4,120
558
558
691
677
5,053
4,909
4,444
4,444
609
465
725
722
2,51511/ 23,638
2,515
23,645
3,939
4,064
659
663
4,029
4,039
525
525
647
565
3,691
3,694
447
447
1,528
1,523
1,324
1,390
1,496
1,473
1,422
1,455
1,528
1,523
1,675
1,614
1,552
1,446
1,418
1,471
429
429
6,060
6,093
695
695
156
156
3,023
3,023
3,371
3,441
17,137
17,169
10,262
10,950
4,464
4,589
4,676
4,604
4,138
4,141
3,452
334
284
172
161
159
170
156
156
3,023
14,367
4,530
3,957
573
5,452
5,785
6,054
6,055
6,055
6,060
6,093
3,023
3,021
3,021
3,021
3,096
3,371
3,441
13,937
12,820
12,435
12,478
11,194
10,262
10,950
6,094
6,094
6,094
8,594
8,594
8,594
150
165
152
145
158
124
3,441
3,441
3,723
3,723
3,723
3,723
11,166
11,368
11,459
12,433
12,820
13,409
4,473
4,382
4,160
4,244
4,214
4,138
4,141
4,161
4,203
4,202
4,242
4,283
4,486
3,894
3,839
3,645
3,734
3,733
3,691
3,694
3,771
3,811
3,826
3,853
3,888
4,114
579
543
515
510
481
447
447
390
392
376
389
395
372
U
5/
6/
7/
8/
2/
10/
11/
12/
n.a.
p
844
846
Includes nonguaranteed securities of U.S. Federally-sponsored agencies,
beginning February 1972.
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.
Principally the International Bank for Reconstruction and Development,
the Inter-American Development Bank and the Asian Development Bank.
From December 1957 through January 1972 includes difference between
cost value and face value of securities in IMF gold investment account.
Includes total foreign 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 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.
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; nonliquid $84 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 U.S. Treasury liabilities payable in
foreign currencies 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
nonconvertible U.S. Treasury bonds and notes, $70 million.
Not available.
Preliminary.
August 1972
91
INTERNATIONAL FINANCIAL STATISTICS_______________
Table IFS-3. - U.S. Liquid and Nonliquid Liabilities to Official Institutions
of Foreign Countries, by Area
(in millions of dollars)
End of
calendar year
or month
1963...................
1964...................
1965............... .
Total
foreign
countries
14,425
15,786
15,826
Western
Europe
1/
8,508
9,325
8,826
Canada
1,789
1,812
Latin
American
Republics
1,058
1,702
1,283
1,550
Asia
Africa
Other
countries
2/
2,740
3,028
154
160
176
178
3,309
194
245
1966 2 / ................
f 14,841
\ 14,896
7,772
7,772
1,333
1,333
1,310
1,310
3,900
3,955
278
278
248
248
1967...................
18,194
10,321
1,310
1,582
4,428
250
303
1968 2 / ................
r 17,407
< 17,340
8,070
8,062
1,867
1,866
1,865
1,865
5,043
4,997
259
248
303
302
f 15,975 V
7,074 4/
7,074 A/
1,624
1,624
1,888
1,911
4,552
4,552
546
546
291
291
1969 2 / ................
\ 15,998 4/
f 23,786
( 23,775
13,620
13,615
2,951
2,951
1,681
1,681
4,713
4,708
407
407
414
413
f 51,221
\ 50,661
30,020
30,144
3,980
3,980
1,414
1,429
14,522
13,824
415
415
870
869
1971-June...............
33,996
21,277
3,132
1,338
7,245
271
July...............
Aug..............
Sept...............
Oct...............
Nov...............
36,259
43,863
45,331
46,574
48,339
23,048
26,059
26,634
27,154
28,157
3,210
3,474
3,462
3,530
3,710
1,362
1,398
1,275
1,344
1,340
285
312
296
276
248
Dec. 2/ 5/.........
1972-Jan...............
Feb...............
Mar...............
Apr................
May p..............
June p.............
1 51,221
1 50,661
51,531
52,847
53,858
54,136
53,615
54,630
30,020
30,144
30,280
31,217
31,620
31,386
30,958
31,910
3,980
3,980
3,974
3,981
4,052
4,181
4,316
4,486
1,414
1,429
1,401
1,346
1,339
1,508
1,475
1,485
7,566
11,788
12,872
13,477
14,009
14,522
13,824
14,435
14,798
15,196
15,249
14,981
14,589
733
788
832
792
793
875
870
869
1,015
1,056
1,194
1,335
1,427
1,627
1970 2 / ................
1971 2 / 1 / ..............
Note:
Data represent short-and long-term liabilities to the official
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 non
guaranteed bonds of U.S. Federally-sponsored agencies. The table does
not include certain nonliquid liabilities to foreign official institu
tions which enter into the calculation of the official reserve trans
actions balance by the Department of Commerce.
1/ Includes Bank for International Settlements and European Fund.
2/ Includes countries in Oceania and Eastern Europe, and Western European
dependencies in Latin America.
2/ Data on the two lines shown for this date differ because of changes in
415
415
426
449
457
477
458
533
reporting coverage. Figures on the first line are comparable In cover
age to those shown for the preceding date; figures on the second line
are comparable to those shown for the following date.
Lj Includes $101 million increase in dollar value of foreign currency
liabilities due to revaluation of the German mark In October 1969.
5/ 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 m 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.
p
Preliminary.
92
Treasury Bulletin
_______ 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
Total
Total
Belgium
Canada
Denmark
Germany
u
1962......................
1963......................
1964......................
1965......................
1966......................
1967......................
1968......................
1969......................
1970......................
1971......................
251
893
1,440
1,692
695
1,563
3,330
3,181 U
3,563 ,
9,657 1/
1971-July....... ...........
Aug...................
Sept..................
Oct...................
Nov...................
Dec...................
8,592
8,924
9,193
9,195
9,271
9,657 5/
9,658
9,658
9,940
12,440
12,441
12,441
15,864
1972-Jan...................
Feb...................
Mar...................
Apr...................
May........... .......
June...................
July..................
163
354
484
353
516
1,692
1,431
2,480
7,829
32
32
32
32
125
329
299
144
314
1,334
1,129
2,289
2,640
7,480
7,479
7,479
7,479
7,554
7,829
32
32
32
32
32
32
2,289
2,289
2,289
2,289
2,365
2,640
7,829
7,829
8,188
10,688
10,688
10,688
14,188
32
32
32
32
32
32
32
2,640
2,640
2,840
2,840
2,840
2,840
2,840
-
-
20
_
-
_
-
_
-
-
-
-
Italy
2/
Korea
13
-
-
-
_
5,000
160
I84
177
146
135
25
22
_
15
15
15
15
5,000
5,000
5,000
5,000
5,000
5,000
25
23
23
23
22
22
15
15
15
15
15
15
5,000
5,000
5,158
7,658
7,658
7,658
11,158
22
22
22
22
22
22
22
15
15
15
15
15
15
15
-
Sweden
25
25
25
25
25
25
_
-
_
_
_
_
_
_
-
Taiwan
Thailand
_
_
20
20
20
20
_
_
_
100
100
100
100
20
20
20
20
20
20
100
100
100
100
100
100
20
20
20
20
20
20
20
100
100
100
100
100
100
100
_
-
Payable in foreign currencies
End of
calendar
year
or month
Total
1962......................
1963......................
1964......................
1965......................
1966......................
1967......................
1968......................
1969......................
1970......................
1971......................
251
730
1,086
1,208
342
1,047
1,638
1,750 4/
1,083
1,827 5/
1971-July..................
Aug...................
Sept..................
Oct...................
Nov...................
Dec...................
1,11 1
1,444
1,714
1,716
1,716
1,827 J/
1,828
1,828
1,752
1,752
1,753
1,753
1,676
1972-Jan...................
Feb...................
Mar...................
Apr...................
May...................
June..................
July..................
Austria
Belgium
Germany
2/
Italy
_
_
30
30
30
30
60
_
275
679
602
50
601
1,051
1,084 k/
542
612
200
200
50
50
101
25
50
50
-
-
-
-
-
-
-
_
_
_
-
_
_
-
-
Note:
For 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. Amounts outstanding
were $204 million, September 1964 through October 1965; $174 million,
November 1965 through October 1966; $144 million, November 1966 through
October 1967; $114 million, November 1967 through October 1968; $84
million, November 1968 through September 1969; $54 million, October
1969 through September 1970; and $24 million, October 1970 through
October 1971.
2/ Bonds Issued to the Government of Italy in connection with military
purchases in the United States.
542
542
542
542
542
612
612
612
536
536
536
536
459
j/
ij
5/
-
125
125
125
226
125
_
-
_
-
Switzerland
51
175
257
257
111
211
311
541
541
1,215
569
902
1,172
1,174
1,174
1,215
1,216
1,216
1,216
1,216
1,217
1,217
1,217
Bank for
International
Settlements
_
70
93
_
_
_
-
_
_
_
_
-
In addition, nonmarketable Treasury notes amounting to $125 million
equivalent were issued to a group of German commercial banks in
June 1968. 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.
Includes an increase in dollar value of $84 million resulting from
revaluation of the German mark in October 1969. See also footnote 7,
Table IFS-1.
Includes $106 million increase m dollar value of foreign currency
obligations revalued to reflect market exchange rates as of December
31, 1971. See also footnote 8, Table IFS-1.
August 1972
93
IN TERN ATION AL FINANCIAL STATISTICS.
Table IFS-5. - U.S. Position in the International Monetary Fund
(In millions of dollars)
IMF holdings
of dollars at
end of period
Transactions affecting IMF holdings of dollars
during period
U.S. transactions with IMF
Calendar year
or month
1946-5 7 .
1958__
1959....
196 0
Payments
of
subscrip
tions in
dollars
2,063
Net
gold
sales
by IMF
1/
600
-45
2
11
1,031
150
1963....
1964....
196 5
16
17
16
525
435
776
196 8
22
1,155
712 6/
-84
150
1,362
1971-July.
862
Sept.
Oct..
Nov..
Dec..
1972-Jan..
Feb..
Mar..
Apr..
May..
June.
July.
541 7/
18
12
15
196 7
1969....
197 0
197 1
IMF net
income
-2
196 1
1962 ___
196 6
Trans
actions
in
foreign
curren
cies 2/
20
20
19
25
-28
-5
-3
-3
-3
-2
-3
-4
-5
-4
-6
-5
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, '$6,700 million in December 1970, and $7,274
million in May 1972 as a result of change in the par value of the U.S.
dollar. Under the Articles of Agreement, subscription payments equal
to the quota have been made 25 percent in gold and 75 percent in dol
lars.
l/ 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 deposit 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.
Transactions by
other countries
with IMF
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
741
40
Total
change
Percent
of
U.S.
quota
775
17
1,336
442
-135
626
29
266
165
1,313
-94
-870
-1,034
1,929
1,350
775
792
2,128
2,570
2,435
-5
859
-3
-3
-2
-3
5,267
6,126
6,123
-2
6.113
6,118
6.114
6,309
5
-4
195
537
3,061
3,090
3,356
3,521
4.834
4,740
3,870
2,836
4,765
6.115
6,120
6,118
6.115
6,846
6,840
-5
28
29
52
62
U.S.
reserve
position
in IMF
at end of
period
u
1,975
1,958
1,997
1,555
59
74
75
81
85
94
92
75
55
71
91
1,690
79
91
91
91
91
91
1,433
574
577
580
582
585
91
91
91
94
94
94
587
582
586
391
1,064
1,035
769
863 5/
326
420
1,290
2,324
1,935
585
428
434
6.835
94
439
Beginning January 1970, includes dollars obtained by countries other
than the United States from sales of gold to the Fund.
i j Represents the United States gold tranche position in the Fund (the
United States quota minus the Fund's 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.
5/ 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.
6/ Includes $30 million of special drawing rights.
7/ Represents amount payable In dollars to the Fund to maintain the value
of Fund holdings of U.S. dollars.
* Less than $500,000.
Treasury Bulletin
94
___________________________________ IN T E R N A T IO N A L FIN AN CIAL S T A T IS T IC S _______________________________________
Table IFS-6. - U.S. Net Monetary Gold Transactions with Foreign Countries
and International and Regional Organizations
(in millions of dollars at $35 per fine troy ounce; negative figures represent net sales by the United States; positive figures, net acquisitions)
Calendar year
1971
1972
Area and country
1967
Western Europe:
Austria.................................
Belgium.................................
Denmark.................................
France..................................
Germany.................................
Greece..................................
Italy...................................
Netherlands.............................
Spain...................................
Switzerland.............................
Turkey..................................
United Kingdom...........................
Bank for International Settlements.........
Other...................................
-
19
-85
-
-30
*
-879
1968
-
-58
-
600
-11
-209
-19
-50
3
-835
1969
1970 1/
4
25
325
500
-1
-76
-25
-18
-2
-129
-10
-50
51
-50
1
-
-
-
1971
-
-110
-
-473
-25
-175
12
-
Jan.Mar.
-
-
-25
-75
15
-
Apr.June
-
-110
-282
_
-
-50
-3
-
JulySept.
Oct.Dec.-
_
-191
_
_
_
_
_
_
_
_
-
-50
_
-
_
-90
200
36
-
-5
-15
-25
*
-3
-22
Total Wes ;ern Europe............ „.. . .....
-980
-669
969
-204
-796
-85
-448
-263
-
-
-
-
-
Canada ...................................
150
50
-
-
Latin American Re-publics:
Argentina...............................
Brazil..................................
Colombia................................
Mexico..................................
Peru...................................
Venezuela...............................
Other...................................
-1
-1
*
-10
35
-25
*
-25
-28
-23
-1
-25
-13
-14
-40
Total Latin American Republics.............
9
-65
Asia:
Japan...................................
Other...................................
-44
-366
Total Asia..............................
-44
AfricaTotal Africa............................
-
-
-
*
-
-12
-
-
-
-
-
_
_
_
_
_
_
_
_
_
-
-
-
_
-
-
-
_
_
_
-
-
_
_
_
-
-
_
-
-
_
_
-
-4
-
_
-
_
_
Jan.Mar.
_
_
_
_
-4
_
_
-
_
_
_
*
*
-
-
-4
■*
-
-
*
-42
-1
*-
-131
-5
*
-119
-95
-
_
42
-38
-15
10
-32
-1
-
-366
42
-213
-38
-15
10
-32
-1
-
*
*
-
-
-18
-54
-
-
-
-
-
-157
-66
-9
-70
-4
-1
-2
Other countries:
Total other countries.....................
-9
-2
9
-11
-2
-
-2
Total foreign countries.....................
-1,031
-1,118
957
-631
-845
-102
-445
International and regional organizations 2/...
22
-3
10
-156
-22
-7
-11
-4
-
-544
Grand total...............................
-1,009
-1,121
967
-867
-109
-457
-300
-1
-544
l/ Includes m 1970 total (Oct.-Dec. 1970) the U.S. payment of $385
million increase m 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 m connection with IMF quota payments. Such sales to
-787 1/
-
-296
-
-
-1
_
countries and resales by the IMF totaled $548 million each.
2/ Includes International Monetary Fund gold sales to and purchases
from the United States, gold deposits by the IMF (see Table IFS-2,
footnote l) and withdrawal of deposits. The first withdrawal,
amounting to $17 million, was made in June 1968.
* Less than $500,000.
August 1972
95
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 of February 8, 19^9> and Treasury regulations
promulgated thereunder. Statistics on the principal types
of data and the principal countries are published monthly
in the "Treasury Bulletin.” Reports are 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• i/
The present form of the published presentation of the
"Capital Movements11 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
by type of holder and type of liability and claim; and the
presentation of statistics not previously published on the
short-term liquid claims of large nonbanking concerns.
Basic definitions
The term "foreigner" as used in the Treasury reports
covers all institutions and individuals domiciled outside
the United States, including United States citizens domi
ciled abroad, and the foreign branches, subsidiaries and
offices of United States banks and business concerns; the
central governments, central 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 are known by reporting institutions
to be acting on behalf of foreigners.
In general, data are reported opposite the foreign coun
try or geographical area 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 year, and includes securities having no con
tractual maturity.
Reporting coverage
Reports are 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 are filed by exporters, importers, in
dustrial and commercial concerns, financial institutions
other than banks and brokers, and other nonbanking firms if
their liabilities or claims are $500>000 or more. Such firms
also report the liquid portion of their claims for each monthend when they have reportable claims of $1 million or more.
The foreign credit and debit balances of securities brokers
and dealers are reported quarterly; the exemption level 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
Treasury Bulletin
96
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 Commerce 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 nonbanking 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 axe 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 axe treated in the balance of payments
as issues of U.S. corporations.
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 19&9* transactions between foreigners in new issues
not offered for sale to United States residents but managed
by underwriters in the United States axe excluded from the
gross figures.
Section VT comprises two tables on the money credit
and debit balances, as appearing on the books of reporting
brokers and dealers in the United States, in accounts of 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 axe 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 axe published by
the Department of Commerce in its regular reports on the
United States balance of payments.
1/ Copies of the reporting forms and instructions may be obtained from the Office of Balance of Payments Programs, Operations and Statistics, Office of
the Assistant Secretary for International Affairs, Treasury Department, Washington, D.C. 20220 or from Federal Reserve Banks.
97
August 1972
CAPITAL M OVEMENTS
Section I - Liabilities to Foreigners Reported by Banks in the United States
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
shortterm
liabili
ties
Official institutions 1/
International and regional
Banks and other foreigners
Payable in dollars
Total
Total
Payable
in
foreign
currencies
Payable
in
dollars
Total
Banks
Other
foreigners
Payable
in
foreign
currencies
Total
IMF
gold
invest
ment 2/
Non
monetary
interna
tional and
regional
3/
1957.......... 1
14,3^3
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
f 20,015
\ 20,098
18,699
18,781
10,940
10,940
10,893
10,893
46
46
7,759
7,841
5,299
5,330
2,356
2,35^
104
104
1,317
1,317
613 U
613 U
704
704
f 21,958
< 21,958
19,907
19,874
11,997
11,963
11,949
11,915
43
48
7,911
7,911
5,251
5,251
2,564
2,564
95
95
2,050
2,034
800
800
30
8,863
5,713
3,046
104
1,547
739 U
808
10,625
10,680
7,153
7,213
3,354
3,376
118
90
1,618
1,618
800
800
818
318
1961 5/
1962 5/
1,250
1,284
22,877
21,330
12,467
12,437
f25,467
<25,518
23,349
23,900
13,224
13,220
13,224
13,220
25,551
24,072
13,066
13,066
-
11,006
7,360
3,587
59
1,479
800
679
f 27,724
\ 27,599
26,343
26,219
12,434
12,539
11,968
12,022
517
517
13,359
13,680
10,023
9,864
3,743
3,743
93
72
1,331
1,331
800
800
581
531
f 30,657
< 30,505
29,370
29,232
14,034
14,027
13,382
13,376
152
152
15,337
15,205
11,132
11,008
4,128
4,120
77
77
1,287
1,273
800
800
437
473
31,717
30,234
11,313
10,855
463
18,916
14,298
4,444.
173
1,433
800
683
f 40,040
{ 40,199
33,631
33,786
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
: f 41,719
\ 41,761
40,499
40,541
19,333
19,333
19,184
19,135
148
143
21,166
21,207
16,917
16,949
4,029
4,038
220
220
1,221
1,221
400
400
821
821
7-1
c / /I/
1I09.1/
-L 2/
W .....
f 55,404
\ 55,427
53,632
53,660
39,679
39,016 iV
39,521
38,851
158
165 7/
13,954
10,034
6/ 10,723 6J
14,644 .
3,692
3,694
228
228
1,772
1,767
400
400
1,372
1,367
1971-June......
46,713
46,346
52,416
52,878
53,946
53,398
r*55,404
^ 55,427
1963..........
1964 5/
1965..........
1966 5/
1 QA'7 ^/
1968..........
1
.Q 2/........
c:/
l yQ£
09
1 non c;/
July......
Aug.......
Sept......
Oct.......
Nov.......
•p,_
.
c / /L/
2J hi ••
1972-Jan.......
Feb.......
Mar.......
Apr.......
May p.....
June p....
56,441
57,335
57,687
56,304
55,822
57,465
_
-
£y
45,132
26,808
26,338
420
18,324
14,120
3,957
247
1,581
400
1,181
44,699
50,674
51,160
52,279
52,193
26,868
34,015
35,080
36,067
37,271
26,447
33,594
34,921
35,909
37,112
420
421
158
158
158
17,831
16,659
16,081
16,212
14,927
13,704
12,590
12,197
12,255
10,931
400
400
400
400
400
1,247
1,342
1,313
1,267
1,301
39,679
39,016 6/
39,521
38,851 j2/
158
165 7/
1,772
1,767
400
400
1,372
1,367
54,523
55,878
56,2^2
55,027
54,565
56,155
39,586
40,699
41,007
38,741
37,857
33,632
39,421
40,532
40,841
33,575
37,690
33,466
166
167
167
167
167
167
13,954
10,034
14,644 6/ 10,723 6/
14,937
10,899
11,062
15,179
11,110
15,285
12,106
16,286
16,709
12,487
17,522
13,058
233
230
239
222
213
228
228
1,647
1,742
1,718
1,667
1,701
53,632
53,660
3,394
3,339
3,645
3,734
3,733
3,692
3,694
3,771
3,311
3.825
3,352
3,889
4,114
267
306
349
32?
333
350
1,913
1,457
1,395
1,277
1,257
1,310
400
-
1,518
1,457
1,395
1,277
1,257
1,310
1/ Includes Bank for International Settlements and European Fund.
2/ 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 Monetary Fund.
2/ 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).
4 / 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.
5/ 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.
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 m dollar value of foreign
currency obligations revalued to reflect market exchange rates as of
Dec. 31, 1971.
p
Preliminary.
Treasury Bulletin
98
.CAPITAL M OVEM ENTS.
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-1-2. - Short-Term Liabilities by Type o f Liability
Part A - Foreign Countries
______________________________ (In millions of dollars)
Banks and other foreigners
Payable in dollars
End of
calendar
year
or month
Total
foreign
coun
tries
Payable Ln dollars
Deposits
Demand
Time
2/
U.S.
Treasury
bills and
certifi
cates
Other
short
term
liabili
ties 2/
Payable
in
foreign
cur
rencies
Other foreigners
Banks
Deposits
Demand
Time
2/
U.S.
Treasury
bills and
certifi
cates
Deposits
Other
short
term
Time
liabili Demand
ties 2/
2/
1957.....
1958.....
13,641
14,615
3,C59
4,246
612
-
2,737
158
518
3,511
4,392
762
-
3,017
312
1959.....
I960.....
16,231
17,260
2,834
3,038
5,738
582
-
6,193
6,412
6,412
982
1,092
1,092
46
46
3,369
4,210
131
492
7,759
7,759
928
922
48
48
7,548
1,036
30
_
-
4,102
838
1,259
1,259
5,006
5,027
1,483
1,361
1,360
517
517
4,941
6,795
6,636
967
967
900
1OAT 2J
'l /
±901
/l8,699
118,781
1
QA3 2J
^/... . p.9,908
lyOd.
\19,874
21,330
1963.....
123,849
iaAy J/....
/
1904
i23,900
24,072
1965.-...
3,389
3,389
3,261
3,234
1,402
2,451
2,820
1,591
2,816
1,591
278
209
59
306
295
148
59
77
419
402
420
1,833
1,849
1,976
1,977
174
270
233
230
230
104
104
83
83
68
490
490
2,096
2,096
352
352
95
95
704
1,493
966
142
142
1,039
1,077
1,406
1,523
1,531
1,257
1,271
104
118
90
1,574
1,594
87
469
502
503
332
1,842
1,848
1,513
1,513
83
33
329
329
. 59
93
72
1,927
1,973
2,621
1,693
1,693
1,797
81
81
302
292
77
77
4,658
4,644
3,202
3,197
1,709
1,711
1,688
1,688
1,819
1,819
2,052
2,054
2,199
1,811
1,935
1,886
1,895
2,130
6,995 4/
1,660
1,660
2,016
3,869
3,168
2,769
1,286
120
9
2,905
2,872
2,685
2,504
2,223
2,130
6,995 U
7,382
7,593
7,658
8,379
8,609
8,953
43
43
1,535
2,862
7,554
7,554
7,186
laAA 2J
'X/.... (26,343
J-Voo
\26,219
/29,370
1
OA7
^/
J-VO< 2/ ••• • <29,232
1,679
1,679
2,612
2,668
6,316
6,316
2,054
2,054
2,462
2,458
1,380
1,378
152
152
7,933
7,763
1968.....
30,234
(38,631
1
QAQ
"
5
/
-LVOV 2J •••• 138,786
2,149
1,918
1,930
1,899
2,951
2,942
7,985
7,985
5,486
1,321
2,139
2,158
463
202
202
10,374
16,745
16,756
1 ao/
'U
n 2J
'i /•««• /40,499
IV
<40,541
/53,632
1
G
r
7
~
\
'i
/
)
/
19/1 2J kf • 153,660
1,652
1,652
3,844
3,844
13,367
13,367
1,612
1,612
148
148
12,376,
12,385
1,620
1,327 t j
2,554
2,554
2,504
32,311
2,036 4 / 32,311
3,086
3,177
158
165 1/
7,047
3,400 V
1,463
2,251
20,097
2,577
420
7,586
1,469
1,264
1,450
1,231
1,263
2,307
2,371
2,392
2,465
2,465
19,605
26,674
27,855
28,982
30,071
3,067
3,286
3,226
3,231
3,313
420
421
158
158
158
7,030
6,284
7,486
8,845
7,871
649
600
665
739
786
879
32,311
32,311
3,086
3,177
158
165 5/
7,047
3,400 k f
850
320 V
8
8
33,049
34,096
34,552
32,047
31,209
31,573
3,160
3,216
3,011 3,014
2,870
2,883
166
167
167
167
167
167
3,183
3,121
3,093
3,372
3,569
3,791
330
344
354
352
307
310
4
4
4
4
3
5
1971-June.. 45,132
July.. 44,699
Aug... 50,674
Sept.. 51,160
Oct... 52,279
Nov... 52,198
Dec.
1972-Jan...
Feb...
Mar...
Apr...
May p.
June p
(53,632
153,660
54,523
55,878
56,292
55,027
54, 565
56,155
1,620
2,504
1,327 4/ 2,036 V
2,027
1,185
2,121
1,099
2,150
1,128
1,246
2,268
2,387
1,224
1, 540
2,469
1/ Includes Bank for International Settlements and European Fund.
2/ Time deposits exclude negotiable time certificates of deposit, which
are included in "Other short-term liabilities."
2 J 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.
L j 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
1,249
1,243
1,142
1,142
1,273
1,988
1,999
1,326
1,354
850
320 4/
Payable
in
Other
foreign
short
cur
term
rencies
liabili
ties 2/
1,"'66
1,951
76
4,854
4,917
4,678
4,<>78
U.S.
Treasury
bills and
certifi
cates
113
137
137
129
129
30
20
20
14
14
8
8
740
149
149
116
116
119
72
72
113
86
362
107
107
312
312
173
226
226
325
325
220
220
1,663
1,666
131
131
96
96
274
271
228
228
1,760
1,835
86
276
247
1,696
1,684
1,577
1,705
1,680
1,825
1,787
1,712
1,660
1,670
96
87
85
89
87
277
280
272
281
296
233
230
239
222
213
1,660
1,660
1,663
1,666
96
96
274
271
228
228
1,703
1,714
1,682
1,756
1,692
1,799
1,667
1,699
1,742
1,682
1,781
1,813
116
99
102
96
88
81
285
299
299
318
328
421
267
306
349
327
333
350
head offices and foreign branches which were previously reported as
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 first time.
5/ Second line includes $7 million increase in dollar value of foreign
currency obligations revalued to reflect market exchange rates as of
December 31, 1971.
p
Preliminary.
August 1972
99
___________________ —
CAPITAL M O VEM ENTS__________________________
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-2. - Short-Term Liabilities by Type of Liability - (Continued)
Part B - International and Regional Organizations
(In millions of dollars)
End of
calendar year
or month
Total
international
and regional
742
752
1,031
1,442
1,317
1957..........................
19^8.........................................................................................................
1959..........................
1960..........................
1961..........................
f
2,050
^ 2,084
Nonmonetary international and regional organizations 2/
IMF gold
investment:
U.S. Treasury
bills and
certificates 1/
Deposits
Time J3/
Demand
50
209
76
219
354
I
1
540
5<58
200
200
500
691 4/
613 4 /
800
800
U.S. Treasury
bills and
certificates
Other
short-term
liabilities 2/
490
343
449
532
294
2
*
6
, *
55
572
572
138
145
739 4/
800
800
800
70
66
42
56
384
207
200
139
215
231
170
212
138
314
266
173
1,287
\ 1,273
800
800
67
67
124
120
178
178
118
107
1,4^3
1,413
1,221
800
800
400
68
62
69
394
244
211
108
224
381
r 1,772
<1,767
400
400
73
73
113
83
159
192
192
211
211
896
891
1971-June.....................
1,581
400
60
232
1,647
1,742
1,718
1,667
1,701
400
400
400
400
400
79
61
92
78
69
224
202
212
177
205
164
170
269
147
169
157
724
July.....................
Aug......................
f 1,772
11,767
1,918
1,457
1,395
1,277
1,257
1,310
400
400
73
73
86
85
88
87
84
85
192
192
211
211
896
891-
200
164
191
195
173
235
338
295
275
177
198
212
893
912
841
819
802
779
1963..........................
1964..........................
1965..........................
1966..........................
1,547
1,618
1,479
1,381
1967 5/ .......................
1968..........................
1969..........................
1970..........................
IQIl
/
1972 Jan......................
Feb......................
Mar......................
Apr......................
May p.....................
June p....................
f
400
_
_
-
-
1/ Short-term U.S. Government obligations at cost value, and decosits
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 reacquired by the In
ternational Monetary Fund.
2/ 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).
j/
775
810
867
843
870
Time deposits exclude negotiable time certificates of deposit, which are
included in "Other short-term liabilities."
In addition, IMF gold investment included investments m U.S. Government
bonds and notes which amounted to $109 million at end 1960, $187 million
at end 1961, and $61 million at end 1963.
5/ Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the first line are comparable in cover
age to those shown for the preceding date; figures on the second line
are comparable to those shown for the following date,
x- Less than $500,000.
p
Preliminary.
4/
Treasury Bulletin
loo
_______________________________________________ C A PITA L M O V E M E N T S _________________________ _______________________
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)
1972
Calendar year
Country
1970 1/
1969
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................
412
2,005
28
11,349
37
1,553
11
50
185
597
189
117
2,267
7,520
184
1,330
762
324
274
198
503
1,948
46
5,509
37
594
15
54
21,675
22,653
314
531
153
120
1,581
1,381
207
627
463
341
309
202
185
597
189
117
2,267
7,520
I84
1,330
762
324
274
198
503
1,948
46
5,504
37
594
15
54
22,648
1971 1/
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
27,503
254
701
168
160
3,150
6,596
170
1,888
270
685
303
203
792
3,249
68
7,379
34
1,391
14
53
27,530
Apr.
May p
June p
283
864
203
131
3,027
5,500
159
1,572
861
669
284
206
1,010
2,708
39
7,954
88
1,388
13
58
27,020
254
961
215
148
3,513
6,483
179
1,373
847
654
269
231
1,044
2,626
44
7,913
90
1,367
10
68
29,494
276
866
218
151
3,043
5,482
163
1,627
878
655
279
219
981
2,942
36
7,954
94
1,391
9
56
27,321
28,289
4,146
3,966
459
628
136
190
7
733
154
179
117
919
681
484
94
40
Jan.
Feb.
Mar.
261
735
177
156
3,234
6,972
167
1,704
306
702
299
187
803
3,256
36
7,892
35
1,367
28
54
28,372
252
779
179
150
3,311
7,724
164
1,697
424
675
282
177
871
3,099
34
7,600
40
1,438
11
46
257
895
191
140
3,103
7,670
147
1,576
823
674
267
183
964
2,935
42
8,089
54
1,416
9
58
28,955
4,012
4,019
4,056
3,441
3,441
3,593
3,574
3,486
3,722
416
459
400
261
7
849
140
240
111
691
576
1,405
80
34
5,670
539
346
266
247
7
821
147
225
118
735
620
745
98
39
4,952
539
346
266
247
7
821
147
225
118
735
620
745
98
39
4,952
441
342
191
188
6
709
154
164
108
963
656
656
87
36
435
376
180
185
6
757
158
164
108
870
645
313
97
43
4,336
420
423
146
176
6
747
156
160
111
843
684
278
90
47
4,288
541
466
137
163
6
658
156
174
124
740
649
307
81
37
4,702
441
342
191
188
6
715
154
164
108
963
655
656
87
37
4,708
4,239
507
559
132
I84
7
667
155
174
118
851
695
444
87
29
4,609
465
576
134
190
6
760
185
167
122
873
661
440
91
43
4,713
4,820
36
213
260
86
146
3,809
236
201
196
628
606
33
258
302
73
135
5,150
199
285
275
508
708
39
304
114
54
133
14,179
224
269
280
121
774
38
335
118
71
143
14,950
220
264
291
116
708
39
306
116
90
143
14,808
204
265
320
120
717
39
299
102
89
145
14,902
178
291
338
170
714
38
328
104
87
148
14,017
196
344
365
174
729
39
311
105
113
139
14,095
198
346
383
177
706
7,926
39
312
89
63
150
14,294
201
304
258
126
595
16,432
39
312
89
63
150
14,295
196
304
258
126
595
6,417
33
258
302
73
135
5,150
199
285
275
508
717
7,936
16,427
16,493
17,254
17,129
17,265
16,532
16,612
14
11
83
17
395
521
14
11
83
17
395
521
12
9
78
24
474
597
12
9
78
24
474
597
12
10
53
14
510
13
9
73
13
538
646
22
9
70
13
526
14
11
79
15
542
661
16
8
70
18
522
18
11
76
19
608
Total Africa................
87
21
66
23
505
701
635
731
Other countries:
Australia...................
All other...................
282
29
916
42
1,087
42
957
957
1,482
39
1,520
1,692
45
311
389
39
428
916
42
Total other countries.........
389
39
428
Total foreign countries.........
38,786
40,499
40,541
53,632
International and regional......
International...............
European regional............
Latin American regional.......
Asian regional...............
African regional.............
1,261
6
100
46
*
975
17
131
93
5
975
17
131
93
5
Total international and regional
1,413
1,221
40,199
41,719
Canada....... ;...............
Latin America;
Argentina...................
Brazil......................
Chile.......................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
Total Latin America...... .
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel......................
Japan......................
Korea......................
Philippines.................
Taiwan......................
Thailand....................
Other Asia..................
Total Asia..................
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic (Egypt)__
Other Africa........... ......
Grand total...................
599
640
1,257
47
1,129
1,121
41
1,162
1,304
1,405
43
1,448
53,660
54,523
55,878
56,292
55,027
54,565
56,155
1,332
8
298
129
5
1,327
8
298
129
5
809
5
334
126
4
803
11
330
109
4
817
10
346
133
4
1,772
1,767
995
8
316
134
4
1,457
947
14
302
129
4
1,221
1,470
11
306
127
4
1,918
1,395
1,277
1,257
1,310
41,761
55,404
55,427
56,441
57,335
57,687
56,304
55,822
57,465
1/ Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column afe comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
*
p
Less than $500,000.
Preliminary,
1,737
.
101
August 1912
___________________________ CAPITAL M O V E M E N T S_____________________________
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 June 30, 1972
Preliminary
(Position in millions of dollars)
Country
Total
short
term
liabilities
Short-term liabilities payable in dollars
To foreign banks and official institutions
To all other foreigners
Total
U. S.
Treasury
Deposits 1/ bills and
certif
icates
Short-term
liabilities
payable
U. S.
in
Treasury
fore ign
Deposits 1/ bills and Other 1/
currenciec
certif
icates
Other 1/
Total
6
55
15
5
72
70
30
45
40
42
18
70
12
87
4
264
4
14
*
3
857
6
48
15
5
68
59
30
40
33
42
17
63
12
70
4
156
4
13
*
3
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............
254
961
215
148
3,513
6,483
179
1,373
847
654
269
231
1,044
2,626
44
7,913
90
1,367
10
68
247
906
200
142
3,425
6,389
149
1,309
802
610
250
160
1,030
2,479
41
7,603
86
1,187
9
65
30
228
57
65
234
339
80
817
276
134
204
146
135
445
40
319
36
122
9
52
158
488
136
26
2,880
5,991
25
379
464
109
40
865
1,402
Total Europe...................
28,289
27,089
3,772
18,616
59
189
6
52
311
59
43
112
61
368
6
14
30
632
-*
1,706
2
1,039
*
13
4,701
689
44
125
1
1
-x
*
17
24
*
20
5
1
•x
1
1
60
46
167
342
Canada..........................
3,966
3,439
326
1,325
1,788
379
284
15
"■gcr1
147'
459
628
136
190
7
733
154
179
117
919
681
484
94
40
4,820
111
551
22
71
1
371
32
129
21
575
323
315
17
4
79
451
15
61
1
222
22
116
18
550
188
61
13
1
342
75
113
118
6
335
100
50
91
341
342
71
48
36
*
-*
*
■x
3
2
■*
■*
1
13
-
5
2
1
1
24
17
•x
5
2
15
95
17
•x
1,799
16
99
7
6
*
126
10
12
3
25
83
254
3
2
646
347
76
114
119
6
362
119
50
96
344
358
167
78
36
2,541
17
3
22
52
1
96
2,273
2,068
20
24
55
33
35
71
506
115
194
217
73
319
1,643
_
*
21
13
2
9,760
_
_
43
65
50
9,953
10
144
34
47
48
3,760
76
68
27
26
244
4,483
6
111
13
19
18
61
7
83
96
13
90
516
6
104
11
18
17
50
6
80
93
13
89
486
_
*
_
*
1
_
*
_
*
■*
16,612
33
199
87
95
121
14,026
191
262
288
164
613
16,080
18
11
76
19
608
15
9
66
17
555
10
8
38
15
161
5
20
1
389
*
1
8
1
5
3
2
7
3
53
731
661
232
415 _
14
1,692
45
1,680
34
321
17
1,172
1,172
Latin America:
Argentina.....................
Brazil........................
Chile.........................
Colombia......................
Cuba..........................
Mexico........................
Panama........................
Peru..........................
Uruguay.......................
Venezuela.......... ...........
Other Latin American Republics...
Bahamas and Bermuda.............
Netherlands Antilles and Surinam...
Other Latin America.............
Total Latin America.............
Asia:
China Mainland.................
Hong Kong.....................
India.........................
Indonesia......... ............
Israel........................
Japan.........................
Korea.........................
Philippines....................
Taiwan..... ...................
Thailand......................
Other Asia.....................
Total Asia.....................
Africa:
Congo (Kinshasa)..... ..........
Morocco.......................
South Africa... ...............
United Arab Republic (Egypt).....
Other Africa...................
Total Africa.......... ........
Other countries:
Australia.............. .......
All other.....................
39
311
105
113
139
14,095
198
346
383
177
706
-
5,578
49
26
1
*
4
*
*
4
*
1
6
*
*
*
3
*
24
*
*
*
•X
•x
3
7
3
2
-x
•x
7
*
14
*
84
•x
*
*
185
*
1
•x
*
*
3
*
*
•x
-x
2
-x
6
2
_
6
2
■x
1
10
1
3
2
*
1
28
_
1
5
_
8
_
■x
■x
*
2
16
3
2
7
3
51
-
*
2
3
*
67
66
_
2
3
187
17
11
10
10
9
*
1
1
1
1
Total other countries............
1*737
1,713
•x
2
3
51,524
31,578
204
11,836
19
56,155
337
8,110
23.
Total foreign countries...........
4,114
3,612
81
421
517
International and regional:
International..................
European regional..............
Latin American regional.........
Asian regional.... .............
African regional... ............
817
10
346
133
4
817
10
346
133
4
196
10
32
78
4
162
48
2
-
460
*
267
52
-
*
•*
*
*
*
*
-
Total international and regional...
Grand total.....................
1/
*
Deposits exclude negotiable time
Less than $500,000.
“
-
1,310
1,310
320
212
779
*
*
-
-
-
57,465
52,834
8,430
31,790
12,614
4,114
3,612
81
421
517
ertificates of deposit, which are included in "Other" short-term liabilities.
Treasury bulletin
102
------------------ ------------------------------------ CAPITAL M O VE M E N TS___________________________________
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
Apr.
1971
Dec.
1971
10
10
41
1/
3
6
710
29
1/
3
6
2
11
16
1/
5
6
7
9
2
3
16
8
4
8
5
2
3
23
10
2
1
5
2
4
21
7
3
4
14
2
5
20
6
2
3
7
2
3
27
8
n.a.
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
69
41
99
79
75
100
2
16
34
19
59
16
10
59
43
90
72
80
97
2
19
44
19
47
15
14
55
62
123
57
78
117
6
18
42
19
50
17
10
53
70
91
62
83
123
n.a.
23
50
32
66
17
15
2
14
2
2
25
2
2
30
2
3
33
2
2
38
6
3
32
1
4
23
2
5
13
11
2
5
50
35
40
37
4
113
64
15
1
55
1
14
61
160
6
4
148
8
6
17
5
2
4
41
86
3
67
3
78
52
13
6
60
5
17
29
67
2
5
51
1
16
22
2
1
3
35
26
17
46
3
83
30
17
6
35
4
25
106
17
4
4
94
2
26
32
4
2
4
32
11
14
54
5
54
22
19
1
38
6
18
106
57
7
5
179
3
15
34
3
2
4
50
7
3
36
2
60
29
18
7
27
1
39
41
43
3
6
161
4
7
24
2
4
2
16
25
18
4
38
10
2
2
20
10
1
25
8
13
1
3
3
29
25
69
3
20
6
1
5
21
7
6
25
14
20
1
10
4
43
23
288
6
11
9
2
3
10
6
5
20
17
19
*
8
3
38
22
195
7
17
8
1
1
9
7
8
10
17
17
16
25
Country
1967
1968
"Other Western Europe"
Cyprus....................................
Iceland...................................
Ireland, Republic of............. ..........
Luxembourg................................
Malta....................................
Monaco....................................
2
4
9
31
1
4
8
6
24
1/
6
4
11
9
38
1/
5
4
"Other Eastern Europe"
Bulgaria..................................
Czechoslovakia............................
Estonia...................................
Hungary...................................
Poland....................................
Rumania...................................
Soviet Zone of Germany......................
2
5
2
3
19
8
4
5
4
2
2
19
7
8
"Other Latin American Republics"
Bolivia...................................
Costa Rica................................
Dominican Republic.........................
Ecuador...................................
El Salvador...............................
Guatemala.................................
Guyana (British Guiana).....................
Haiti....................................
Honduras..................................
Jamaica...................................
Nicaragua.................................
Paraguay..................................
Trinidad and Tobago........................
60
43
55
86
73
73
2
16
30
22
46
13
6
"Other Latin America"
British Honduras...........................
British West Indies........................
French West Indies and French Guiana.........
"Other Asia"
Afghanistan...............................
Bahrain...................................
Burma....................................
Cambodia..................................
Ceylon...................................
Iran.....................................
Iraq.....................................
Jordan...................................
Kuwait...................................
Laos.....................................
Lebanon...................................
Malaysia..................................
Nepal....................................
Oman (Muscat and Oman)...... ...............
Pakistan..................................
Qatar....................................
Ryukyu Islands (including Okinawa)...........
Saudi Arabia..............................
Singapore.................................
Syria....................................
United Arab Emirates (Trucial States) 2/......
Viet Nam..............................
Yemen (Aden)..............................
"Other Africa"
Algeria...................................
Ethiopia (including Eritrea)................
F.T.A.I. (French Somaliland)................
Ghana....................................
Ivory Coast...............................
Kenya....................................
Liberia...................................
Libya....................................
Mozambique................................
"Portuguese West Africa"....................
Southern Rhodesia..........................
Sudan....................................
Tanzania..................................
Tunisia...................................
Uganda...................................
Zambia...................................
"Other Countries"
New Zealand...............................
Note: Data represent a partial breakdown of the amounts shown for the cor
responding dates for the "Other" categories in the regular monthly
series in the "Treasury Bulletin."
1969
1970
Apr.
1972
2
9
15
1/
2
6
19
21
10
5
4
59
10
2
20
3
46
23
16
4
33
1
29
79
35
4
5 2/
159
3
17
n.a.
5
2
6
88
n.a.
2
16
3
60
25
15
n.a.
58
1
n.a.
80
45
6
5
185
2
13
12
1
6
4
13
21
91
7
25
9
2
1
10
6
5
14
23
11
1
8
2
9
23
274
6
46
13
2
1
6
9
3
13
31
29
1
ii
2
14
25
n.a.
9
n.a.
9
2
n.a.
6
7
n.a.
n.a.
22
23
27
1/ Included with Belgium (see Section I, Table CM-I-3).
2/ Beginning December 31, 1971 excludes Ras al Khaymah.
n.a. Not available.
* Less than $500,000.
August 1912
103
.CAPITAL M OVEMENTS.
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
End of
calendar year
or 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
f2,546
^2,560
1,858
1,863
1,807
1,807
35
40
689
698
_
3,166
2,490
1,703
915
2,389
1,600
913
449
2,341
1,505
695
156
15
15
8
55
165
237
40
40
53
56
777
889
789
446
_
1971-June..................
1,129
572
48
557
1,024
895
885
942
917
915
523.
415
405
432
445
449
334
284
172
161
159
170
156
189
July..................
Aug...................
Sept..................
Oct...................
Nov...................
Dec...................
189
190
189
216
217
237
51
53
55
57
59
56
501
480
480
490
452
446
■*
*
*
*
20
20
20
1972-Jan...................
Feb...................
Mar...................
Apr...................
May p.................
June p................
1,009
1,C62
1,115
442
477
462
459
473
452
150
165
152
145
158
124
234
232
233
58
79
78
80
83
82
546
565
633
659
695
695
21
21
21
21
21
21
1958......................
I960......................
1961......................
1962......................
1965......................
1966......................
iq
o/
1968......................
1969......................
1,138
1,188
1,168
1/ Dollar-foreign currency breakdown not available prior to 1966; amounts
reported for earlier dates assumed to have been payable in dollars.
2/ Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable in
233
232
246
_
-
-
n.a.
n. a„
n.a.
n.a.
n.a*
n.a.
n.a.
n.a.
n.a.
1
1
20
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.
n.a.
Not available.
Preliminary.
Treasury Bulletin
104
________________________________________________ C A PITA L M O V E M E N T S _________________________________________________
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
1972
Country
1968
1969
1970
1971
1
-x
•x
•x
2
11
•x
*
*
•x
1
_
2
*
*
•x
•x
_
-
*
*
■x
**
*
*
■x
1
•x
5
■x
46
*
*
_
-
*
8
*
6
164
*
1
■x
•x
-x
1
■x
2
*
52
-x
21
_
-
*
9
■x
6
164
■x
1
*
*
*
1
■x
2
•X
50
■X
21
_
-
*
10
*
■X
6
164
*
1
*
■X
■X
1
■X
1
■X
67
*
34
-
-
-
Total Europe....... .........
18
54
14
*
1
110
1
1
2
*
1
1
_
4
*
42
•x
*
_
*
178
256
254
286
285
Canada.......................
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.........
Jan.
Feb.
Mar.
*
10
■X
6
165
*
1
-X
•X
■X
1
■X
1
■X
67
■X
33
Apr.
*
11
*
6
165
■x
1
-X
■X
*
1
*
1
*
67
*
33
May p
June p
•X
12
■x
6
165
•X
•X
•X
■X
■X
1
■X
4
-X
66
•X
33
_
-
*
12
_
■x
6
165
■x
1
*
X
•X
1
•X
4
■X
66
*
9
287
289
265
-
1
*
3
4
6
6
7
6
5
5
Latin America:
Argentina...................
Brazil......................
Chile......................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
284
25
1
1
_
168
1
1
•x
44
2
6
8
64
25
*
1
_
74
2
*
-x
49
4
5
14
13
25
•x
1
■x
44
3
1
*
53
3
7
•x
•x
2
1
1
1
2
1
1
1
*
27
1
•x
•x
31
3
40
*
■X
2
1
1
1
•X
28
1
■x
*
31
3
40
•X
-X
2
■x
1
1
•X
25
1
-x
•X
31
3
39
•X
*
2
1
2
1
■x
25
1
■X
*
31
3
39
•X
■X
2
*
1
1
■X
24
1
-x
*
31
18
39
*
■X
2
■X
1
1
Total Latin America..........
541
239
1
*
241
658
88
67
43
201
451
2
■x
*
41
655
72
70
48
70
278
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel.....................
Japan......................
Korea......................
Philippines.................
Taiwan.....................
Thailand....................
Other Asia..................
Total Asia..................
-
-
152
¥
31
1
•x
*
31
4
39
*
•x
111
109
104
106
119
-
-
*
*
_
6
385
47
12
42
8
21
■x
*
*
6
3
6
6
34
■x
37
-X
*
*
6
3
6
6
30
*
37
■X
•X
*
6
1
6
6
28
■x
37
_
•X
■X
■X
6
■X
6
6
19
•x
36
*
■X
*•
5
-x
6
7
13
■x
36
_
•x
-X
■X
5
■X
6
6
8
■X
40
87
85
75
69
67
-
1,751
1,237
522
92
_
_
■x
•x
■x
•x
_
*
■x
1
■x
•x
•x
■X
*
_
_
Total Africa................
1
1
Other countries:
Australia.................. .
All other...................
68
10
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic (Egypt)....
Other Africa................
108
_
_
24
1
*
■X
32
18
55
■X
*
135
*
*
■x
5
-x
6
3
7
■X
36
58
•X
•X
1
1
*
*
1
1
_
■X
■X
•X
1
1
1
1
1
1
1
67
2
59
•x
4
*
7
*
10
*
11
•X
11
■X
14
-X
8
•X
59
4
7
10
11
11
14
8
914
469
462
497
483
479
494
473
490
351
_
469
491
_
552
_
584
_
612
612
38
39
546
38
36
42
39
36
40
44
A0
45
39
565
633
659
695
695
1,009
1,062
1,115
1,138
1,188
1,168
Total other countries.........
78
69
Total foreign countries.........
2,389
1,601
_
•x
■X
-X
1
•X
-X
*
1
*
■x
*
1
_
*
*
•X
1
International and regional:
International...............
Euopean regional............
Latin mnerican regional......
Asian regional..............
Total international and regional
Grand total..................
* Less than $500,000.
p Preliminary.
432
-
557
-
-
314
31
777
287
45
264
35
889
789
57
39
446
3,166
2,490
1,703
915
_
August 1912
105
_______________________CAPITAL M OVEM ENTS__________________________
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 foreign currencies
Payable in dollars
Loans
Collec
tions
out
standing
for
Other
account of
for
reporting
eigners
banks and
domestic
customers
Deposits
of
reporting
banks and
domestic
customers
with for
eigners
Foreign
government
obligations
and
commercial
and
finance
paper
End of
calendar
year
or month
Total
shortterm
claims
1957........
2,199
2,052
930
242
386
303
423
699
147
132
15
1958........
2,542
2,344
1,268
401
439
428
421
656
198
181
16
460
516
178
15
Total
Total
Official
insti
tutions
Banks
Accept
ances
made for
account
of for
eigners
Other
shortterm
claims
Total
Other
short term
claims
1959........
2,599
2,407
1,309
351
498
582
192
I960........
3,594
3,135
1,297
290
524
482
605
1, 233
460
222
238
f 4,719
\ 4,777
4,177
4,234
1,646
1,660
329
329
699
709
618
622
694
700
1,837
1,874
543
543
342
343
200
200
1962........
5,101
4,606
1,953
359
953
642
686
1,967
495
309
186
1963........
5,887
5,344
1,915
186
955
774
832
2,214
384
543
343
157
42
1964- 1/.....
f 7,411
^ 7,957
6,810
7,333
2,652
2,773
223
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
77
102
1
1/
f 7,632
^ 7,735
7,158
7,?43
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
1q AA
t
/
f 7,819
^ 7,853
7,399
7,433
3,139
3,141
256
256
1,739
1,739
1,143
1,345
1,367
1,288
2,450
2,540
443
464
420
420
240
241
70
70
110
110
f 8,583
\ 8,606
8,158
8,182
3,137
3,150
306
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
1,697
1,221
1,733
2,854
509
450
336
40
73
f 9,578
^ 9,680
9,063
9,165
3,281
3,278
262
262
1,946
1,943
1,073
1,073
1,954
2,015
3,169
3,202
658
670
352
352
84
89
1970........
10,802
10,192
3,051
119
1,720
1,212
2,389
3,985
766
516
516
610
352
92
79
74
166
n
r\ri'\ *
1/ Z/m
O / ...
1971
1/
f 13,¥75
113,21/+
12,333
12,373
4,508
221
3,975 ;1/ 222
2,621
1,667
2,087 2/ 1,666
2,475
2,475
4,243
4,270
1,107
1,652 1 /
842
841
549
548
119
119
174
174
3,401
147
200
3,559
4,290
191
188
3,831
3,516
135
167
4,024
4,508
221
3,975 2/ 222
3,882
206
4,036
198
4,178
167
4,455
163
170
4,608
4,770
163
1,969
2,051
2,682
2,236
2,056
2,431
2,621
2,087 £ /
2,061
2,061
2,141
2,354
2,516
2,586
1,284
2,378
3,990
365
102
89
2,364
2,357
2,372
2,307
2,306
3,678
4,157
4,049
3,864
3,897
724
821
1,006
974
982
1,050
555
1,308
1,417
1,406
1,325
1,426
374
495
453
406
457
62
46
104
111
89
95
90
88
103
99
1,667
1,666
2,475
2,475
4,243
4,270
531
631
645
62C
644
842
841
1,614
1,777
1.870
1,939
1,923
2,021
2,473
2,430
2,476
2,469
2,540
2,650
4,251
4,394
4,410
4,252
3,793
3,489
549
548
501
562
579
498
530
477
119
119
139
127
183
112
112
148
174
174
104
98
138
111
118
133
1OAl 1 /
iciC^n i /
1968........
1969 1/.....
11,048
10,493
10,953
12,441
11,870
11,289
11,920
10,423
11,810
11,225
10,668
11,276
Dec. j-/ £./- /l3,175
\l3,214
13,066
1972-Jan....
Feb....
13,528
Mar....
13,948
Apr....
13,712
May p... .
13,375
June p...
13,479
12,333
12,373
12,322
12,741
13,047
12,991
12,614
12,721
1971-June
July...
Aug....
Sept...
Oct....
Nov....
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
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
2/ 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
l,10r'
1,652 2/
1,716
1,882
1,983
1,815
1,673
1,812
744
787
900
721
760
758
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.
1Q6
Treasury Bulletin
_______________________________________________ CAPITAL M O V E M E N T S __________________________________________________
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)
1972
Calendar year
Country
1969
1970
Other Eastern Europe.........
7
56
40
68
107
205
22
120
51
34
8
70
67
99
19
408
28
9
2
34
6
50
40
66
113
186
26
101
61
54
11
52
97
100
9
379
35
13
3
45
Total Europe................
1,454
1,449
2,123
Canada.......................
826
1,043
1,529
309
317
188
225
14
803
82
161
48
240
295
93
14
27
2,816
326
325
200
284
13
909
]12
147
63
283
342
196
19
22
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel......................
Japan......................
Korea......................
Philippines.................
Taiwan......................
Thailand....................
Other Asia..................
Total Asia..................
Jan.
1971 1/
Feb.
Mar.
Apr.
May p
June p
12
66
52
137
273
239
28
213
105
72
13
135
128
138
3
537
24
17
70
42
15
73
52
126
321
315
24
201
117
64
21
141
95
147
3
564
25
24
57
43
2,429
Europe:
Belgium-Luxembourg...........
Denmark.....................
Greece......................
Italy......................
Netherlands.................
Portugal....................
Spain......................
Sweden......................
Switzerland.................
Turkey......................
United Kingdom...............
Yugoslavia..................
Other Western Europe.........
Latin America:
Argentina...................
Brazil......................
Chile......................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
Total Latin America..........
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic (Egypt)....
Other Africa................
11
57
49
135
268
235
30
161
105
67
12
70
118
145
3
564
19
12
28
37
2,125
8
71
50
137
311
202
30
166
92
72
14
83
125
147
4
527
20
13
33
44
2,148
2,376
2,445
2,303
13
72
54
133
295
231
30
231
101
65
24
149
132
192
3
539
27
19
65
43
2,416
1,529
1,507
1,700
1,942
1,831
1,697
1,737
305
434
139
380
13
936
125
176
41
268
374
262
18
25
305
440
139
380
13
936
125
176
41
268
374
262
18
26
306
472
122
390
13
977
106
159
41
271
364
288
23
21
316
482
106
376
13
1,006
116
155
41
278
352
300
16
20
304
511
108
379
13
1,095
110
163
38
311
376
278
15
27
3,239
3,495
3,502
310
452
126
375
13
1,004
110
163
41
271
366
253
20
23
3,527
3,554
3,577
3,727
316
544
94
394
13
1,037
120
177
38
299
360
265
16
24
3,697
325
551
78
404
13
1,152
125
160
35
314
366
314
16
25
3,878
1
36
10
30
108
3,432
158
215
49
101
212
2
39
13
56
120
3,890
178
137
95
109
167
1
68
21
41
129
4,279
348
136
109
164
252
1
70
21
41
129
4,296
348
138
109
173
252
1
61
22
37
124
4,149
330
141
123
175
237
2
90
17
37
98
4,116
403
149
156
201
232
2
99
18
39
84
3,980
399
137
172
203
210
4,807
5,548
5,577
5,399
5,501
5,343
2
107
16
49
81
3,687
377
138
180
203
199
5,040
2
111
16
45
78
3,577
346
138
182
188
221
4,352
1
81
20
35
106
4,059
394
145
154
198
213
5,407
6
3
55
11
86
21
4
156
10
99
21
4
163
11
91
290
14
4
166
13
101
13
3
147
11
104
278
15
4
152
10
120
19
4
149
11
129
291
21
4
158
10
99
292
301
311
14
4
160
16
123
318
162
31
165
35
193
158
29
188
200
169
34
203
175
31
206
176
34
211
13,063
13,524
13,944
13,709
13,368
13,475
11
57
49
135
267
235
30
159
105
67
12
70
118
145
3
564
19
12
28
37
Total Africa................
162
4
6
77
13
79
180
Other countries:
Australia...................
All other...................
53
16
64
16
159
27
Total other countries.........
69
80
186
159
27
186
Total foreign countries.........
9,678
10,798
13,172
13,211
International and regional......
2
3
3
3
Grand total...................
9,680
10,802
13,175
13,214
1/ 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
*
p
11
102
54
139
344
253
25
182
102
71
14
88
125
181
8
563
15
16
37
48
299
3
5
13,066
13,528
11
78
55
138
342
258
29
230
117
73
14
105
130
164
3
559
25
17
47
51
4,903
4
3
7
4
13,948
13,712
13,375
13,479
column are comparable to those shown for the following date,
Less than $500,000.
Preliminary.
August 1972
107
C!APTTAT. M OVEMENTS_____________________________
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 June 30, 1972
Preliminary
(Position in millions of dollars)
Short-term claims payable in dollars
Loans
Country
Europe:
Austria....................
Belgium -Luxembourg..........
Denmark....................
Finland................. .
France.....................
Total
short term
claims
Foreign
banks and
Total official
Other
institutions
Total
Short-term claims payable
in foreign currencies
Accept Collections
ances
outstanding
for account made for
account
of report
Other
ing banks
of
and domestic foreign
customers
ers
Deposits of
reporting
banks and
Total domestic
customers
with
foreigners
Foreign
government
obligations
and commer
cial and
finance
paper
Other
Other Eastern Europe........
15
73
52
126
321
315
24
201
117
64
21
141
95
147
3
564
25
24
57
43
13
58
50
126
295
204
23
190.
89
61
19
137
92
111
3
519
24
20
57
43
2
41
17
15
52
66
3
125
48
19
5
94
57
61
1
171
14
9
51
20
1
24
13
12
20
33
2
103
22
12
5
35
47
35
1
115
11
3
51
18
1
17
4
3
32
33
1
22
26
8
*
59
10
26
*
57
3
6
*
1
3
14
7
4
42
32
18
33
23
5
8
27
8
14
2
64
2
9
6
4
2
*
26
106
17
32
2
15
12
36
5
15
26
12
*
92
1
1
17
5
3
*
1
183
73
*
17
6
1
1
1
1
24
191
7
2
*
3
2
15
2
*
26
112
*
11
28
3
2
4
3
36
*
45
1
3
*
*
2
15
2
*
25
107
*
10
26
2
*
4
3
30
*
38
*
1
*
■*
*
*
*
*
*•
-
*
1
*
1
4
*
2
2
*
1
•*
*
6
*
7
1
3
■*
Total Europe...............
2,429
2,135
872
563
309
324
418
521
294
265
-*
28
Canada......................
1,737
1,403
661
301
360
36
69
637
334
124
144
66
325
551
78
404
13
1,152
125
160
35
314
366
314
325
550
78
404
13
1,128
124
160
35
305
365
312
180
339
38
188
878
78
118
14
196
113
104
65
210
13
116
441
28
80
13
16
44
50
115
129
25
72
437
50
38
2
180
70
53
69
124
25
27
13
51
13
29
8
65
101
11
63
70
15
179
1
150
29
12
7
36
137
12
12
17
*
11
49
4
1
5
8
13
186
*
1
*
*
23
*
*
*
9
1
2
*
1
■*
*
9
*
*
2
*
1
•*
1
-
*
*
•*
*13
*
*
*
7
1
1
16
25
16
25
6
3
3
1
3
2
7
18
1
3
2
1
*
*
*
*
-
*
3,878
3,840
2,255
1,079
1,176
561
715
309
38
14
2
22
2
111
16
45
78
3,577
346
138
182
188
221
2
108
16
45
77
3,537
346
137
182
172
216
1
44
2
23
56
526
17
41
27
16
74
*
25
1
20
52
499
14
22
18
10
58
■x
19
1
3
4
27
3
19
9
5
16
*
16
12
3
9
1,339
69
31
11
14
90
1
39
*
13
9
1,411
258
41
137
134
42
*
9
2
6
2
262
3
24
7
9
10
*
3
*
*
1
39
-*
*
*
16
5
*
'3
*
*
1
38
*
*
9
5
_
1
-*
-
4,903
4,837
827
719
108
1,593
2,085
332
66
56
1
9
14
4
160
16
123
14
4
151
16
123
9
1
25
1
44
8
1
17
1
13
1
*
8
32
2
2
30
1
59
3
*
91
13
18
*
1
5
2
2
*
*
9
*
*
*
*
5
*
*
-
*
*
4
*
318
309
81
39
41
94
125
10
9
5
-
4
176
34
160
33
63
8
42
3
21
5
26
16
69
9
2
1
16
1
13
1
*
-
3
-*
211
193
71
45
26
42
77
3
17
14
*
3
2,650
758
477
148
133
Greece.....................
Italy......................
Norway.....................
Spam......................
Sweden.....................
United Kingdom..............
Yugoslavia.................
Other Western Europe........
Latin America:
Argentina..................
Brazil.....................
Chile.....................
Colombia...................
Cuba......................
Mexico.....................
Uruguay....................
Other Latin American Republics.
Bahamas and Bermuda.........
Netherlands Antilles and
Surinam...................
Other Latin America.........
Total Latin America.........
Asia:
China Mainland..............
Hong Kong..................
India.....................
Indonesia..................
Israel.....................
Japan.....................
Korea.....................
Philippines................
Taiwan.....................
Thailand...................
Other Asia.................
Total Asia.................
Africa:
Congo (Kinshasa)............
Morocco....................
South Africa...............
United Arab Republic (Egypt)...
Total Africa...............
Other countries:
Australia..................
Total other countries........
-
%
*
*
-*
*
*
*
*
8
*
Total foreign countries........
13,475
12,717
4,766
2,746
2,020
3,489
1,812
International and regional.....
4
4
3
2
1
*
-
•*
-
-
-
-
Grand tutal..................
13,479
12,721
4,770
2,749
2,021
2,650
3,489
1,812
758
477
148
133
3esj than $500,000.
Treasury Bulletin
108
_______________________ CAPITAL M O VE M E N TS—
___________________
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
End of
calendar year
or month
Total
long-term
claims
Loans
Total
1957....................
1958....................
1959....................
I960....................
1961....................
1962....................
f
Total
Official
institutions
Banks
Other
foreigners
Other
long-term
claims
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.
2,293
2,379
2,293
2,379
2,260
2,346
660
730
273
273
1,328
1,342
33
33
1,659
1,685
54
217
2,372
2,550
195
288
2
2
*
1
2,790
2,702
2,642
2,393
2,096
1,958
2,457
297
247
274
394
426
352
287
9
18
15
16
18
25
22
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
■*
*-
1qA ? l/
j
2,837
i 3,030
2,834
3,028
2,781
2,811
725
728
1Q(-.) "I/
J 3,971
\ 4,285
4,517
4,180
3,925
3,567
3,250
3,075
3,640
3,971
4,283
4,508
4,162
3,909
3,552
3,232
3,050
3,618
3,777
3,995
4,211
3,915
3,635
3,158
2,806
2,698
3,331
703
716
793
702
669
528
502
504
565
397
397
701
729
628
512
323
237
209
236
309
3,203
3,261
3,393
3,440
3,494
3,537
3,640
3,668
3,717
3,838
3,939
4,042
4,193
3,176
2,898
475
241
2,182
278
26
3,241
3,365
3,412
3,468
3,514
3,618
2,959
3,090
3,121
3,181
3,237
3,331
3,362
3,414
3,526
3,617
3,722
3,869
489
513
514
533
555
565
253
265
269
266
282
309
307
319
328
335
335
369
2,217
2,311
2,338
2,382
2,401
2,457
282
276
291
286
276
287
281
279
285
295
289
293
20
28
28
26
23
22
1965....................
1966....................
1967....................
1968....................
1969....................
1970....................
1971....................
1971-June...............
July...............
Aug................
Sept...............
Oct................
Nov................
Dec................
1972-Jan................
Feb.................
Mar................
Apr................
May p...............
June p..............
3,643
3,693
3,812
3,912
4,012
4,162
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
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
565
595
644
653
672
712
n.a. Not available,
p Preliminary,
* Less than $500,000.
2,490
2,500
2,554
2,630
2,715
2,788
24
24
26
27
30
31
August 1972
109
_______________________ CAPITAL M OVEMENTS__________________________
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)
Calendar year
1972
Country
1968
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.........
1970
1971
Jan.
Feb.
1
18
2
27
37
36
56
3
2
49
27
91
23
2
1
67
13
11
1
13
2
19
88
35
39
4
8
24
14
83
35
3
*
71
25
6
1
14
2
10
129
93
47
32
8
13
17
93
49
8
8
132
37
5
*
16
1
14
2
11
135
93
43
32
8
12
23
93
49
8
7
124
38
4
-
-
13
12
1
22
2
11
127
102
45
32
4
13
18
93
49
8
8
130
35
6
*
16
Total Europe................
2
35
1
47
37
32
73
14
1
72
31
64.
18
5
1
68
12
12
19
547
479
482
723
713
Canada.......................
42 8
408
312
228
Latin America:
Argentina...................
Brazil.....................
Chile......................
Colombia....................
Cuba.......................
Mexico.....................
Panama.....................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
133
113
4-8
61
_
534
70
127
30
71
157
15
14
2
141
187
73
53
_
419
44
97
37
108
139
15
12
3
135
251
82
59
_
367
44
68
19
155
122
7
8
8
1,375
1,329
_
1
53
2
21
122
148
249
8
21
113
738
Total Latin America..........
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel.....................
Japan......................
Korea......................
Philippines.................
Taiwan.....................
Thailand....................
Other Asia..................
Total Asia..................
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic (Egypt)....
Other Africa................
Less than $500,000.
Preliminary.
1
17
5
11
130
103
43
31
10
12
31
94
58
8
7
140
42
4
31
*
17
5
13
131
105
42
30
10
12
33
88
47
8
7
139
43
4
35
-
768
777
770
254
251
284
123
325
91
80
*
362
35
36
23
218
127
4
4
7
121
319
93
84
_
368
33
33
22
215
133
4
4
7
121
344
98
84
_
356
33
38
22
210
133
4
4
7
123
369
95
87
_
357
34
49
23
215
130
3
5
7
129
384
97
86
374
32
53
22
217
129
3
5
7
128
400
97
91
384
37
53
21
220
131
6
6
9
126
435
106
92
396
38
57
18
222
122
in
4
16
1,325
1,435
1,436
1,453
1,496
1,540
1,582
1,642
_
1
43
2
14
88
151
202
16
27
112
*
2
44
6
15
115
98
234
19
32
99
7
81
10
35
246
79
160
22
22
165
*
8
78
11
35
241
79
161
24
21
178
7
79
11
69
278
75
156
23
20
212
7
76
10
80
290
82
155
23
19
217
7
76
10
101
278
82
154
23
21
236
*
4
83
10
110
311
80
158
22
20
252
656
663
828
836
7
82
11
42
241
79
165
23
20
194
865
929
961
988
1,050
6
3
20
*
98
9
5
51
1
111
18
5
51
_
101
23
5
52
*
110
17
5
52
*
111
17
4
53
*
112
17
4
53
*
111
127
17
5
50
_
109
181
177
175
190
185
187
184
142
22
222
18
227
18
232
18
231
18
229
20
232
19
241
15
186
29
Grand total...................
1
15
2
11
131
102
43
29
10
12
26
103
54
7
7
143
42
4
25
230
236
37
International and regional
1
16
2
11
131
97
42
31
9
12
21
95
54
7
7
131
42
4
233
204
Total other countries.........
June p
256
Total Africa................
1
33
4
166
May p
Apr.
24
737
Other countries:
Australia...................
All other...................
_
-
Mar.
19
715
6
1
30
1
123
162
Total foreign countries........
*
p
1969
273
215
164
240
245
249
249
249
251
256
3,565
3,248
3,074
3,635
3,663
3,712
3,833
3,933
4,036
4,187
2
2
1
5
5
5
5
6
6
6
3,567
3,250
3,075
3,640
3,668
3,717
3,838
3,939
4,042
4,193
.
Treasury Bulletin
110
__________________________CAPITAL MnVRMBWTS
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-6. - Long-Term Claims, by Type and Country, as o f June 30, 1972
Preliminary
(Position in millions of dollars)
Long-term claims payable in dollars
Country
Europe:
Austria..............................
Belgium-Luxembourg.....................
Denmark..............................
Total
long-term
claims
Total
Loans
Other
Long-term
claims
payable in
foreign
currencies
*
17
5
13
131
105
4-2
30
10
12
33
88
47
8
7
139
43
4
*
17
5
13
131
104
42
30
6
12
33
88
47
8
7
139
43
4
-*
17
5
13
127
102
35
29
3
12
33
84
47
8
7
139
43
3
35
770
35
33
765
741
24
5
284
276
252
23
9
126
435
106
92
396
38
57
18
222
122
10
4
16
126
432
106
92
394
38
57
18
222
122
10
4
16
102
412
94
79
348
32
55
17
197
111
6
*
16
24
20
12
13
46
6
1
1
25
11
3
4
*
•*
3
2
-
1,642
1,637
1,471
167
5
•*
4
83
10
110
311
80
158
22
20
252
1,050
•*
4
83
10
110
311
80
158
22
20
250
*
4
82
10
102
293
78
147
21
16
238
*
•*
*
8
17
2
10
1
5
12
*
_
1,048
991
57
2
17
4
53
*
111
17
4
47
*
108
13
4
43
•*
102
4
*
5
5
5
3
I84
176
161
15
9
241
15
256
240
15
7
*
1
-
255
233
15
248
7
1
International and regional................
4,187
6
4,157
6
3,864
5
292
1
31
-
Grand total.............................
4,193
4,162
3,869
293
31
Italy................................
Norway...............................
Portugal.............................
Sweden...............................
Yugoslavia............................
_
Other Eastern Europe....... ............
Total Europe..........................
Latin America:
Argentina.............................
Brazil...............................
Chile.................................
Mexico...............................
Other Latin America....................
Asia:
China Mainland........................
Hong Kong.............................
India................................
Japan.... .................. .........
Taiwan...............................
Thailand..............................
Total Asia............................
_
_
*•
*■
■*
•*
4
2
7
1
3
1
*
4
•*
*
•*
*
1
•*
_
2
-
_
*
1
4
-
-
_
_
-
-
_
2
Africa:
South Africa..........................
United Arab Republic (Egypt)............
-
Other countries:
Total other countries..................
*
Less than $500,000.
in
August 1972
___________________________________ CAPITAL M O VE M E N TS__________________________________
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
566
491
428
62
75
499
440
368
71
60
581
512
69
83
574
596
485
507
424
437
70 J)
89
674
691
583
600
510
525
73
76 j
91
756
778
673
684
563
572
111
113
83
94
833
678
569
109
155
778
817
626
665
527
551
99
114 J
151
798
805
637
644
508
513
129
130 J
161
775
626
479
148
148
763
725
622
585
471
441
151
144 J
140
807
700
556
144
107
943
^
958 j
810
600
210
f^ 147
\?n
1,419
1,089
827
262
329
f 1,784
\ 1,815
1,371
1,386
1,027
1,039
343
347
414
428
2,737
1,608
1,225
382
1,129
f 3,511
\ 4,428
1,786
2,124
1,399
1,654
387
471
1970.................
5,758
2,655
2,159
496
1,725
2,304
3,102
1971-Mar..............
5,595
2,418
1,957
462
3,177
June.............
5,528
2,357
1,919
438
3,172
Sept.............
5,454
2,532
2,091
442
2,922
Dec..............
5,670
2,643
2,180
463
3,028
1972-Mar. p...........
5,720
2,774
2,340
433
2,946
1957.................
1958.................
1959............. ....
I960 2/...............
1961-Mar. 2/..........
June 2/..........
f
\
f
[
f
(
Dec..............
1962-June 2/..........
Dec. 2/..........
f
{
f
(
1963.................
1964-June 2/..........
f
\
Dec..............
1965 2/...............
f
I
1966.................
1967 2/...............
1968.................
1969 2/...............
Note: Breaks in series arising from changes in reporting coverage which
earlier quarter ends when the reporting coverage changed.
amount to $5 million or less for any year are not shown; m 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 for
p
Preliminary.
in
Treasury Bulletin
________________________________________________ C A P IT A L M O V E M E N T S ______________________ ___________________________
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
1971
Country
1968
1967
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.........
1970
1969 1/
Mar.
June
Mar. p
Sept.
Dec.
5
66
2
2
142
117
4
108
70
5
16
66
17
91
2
768
3
2
*
4
1,489
5
1,564
2
27
7
3
64
92
11
61
79
4
6
31
24
86
3
310
*
4
*
1
3
78
4
4
114
120
11
63
42
4
4
37
25
116
5
393
1
9
1
1
2
45
2
2
124
178
3
77
66
3
9
56
35
114
3
363
1
20
1
1
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
860
4
11
2
2
11
47
9
2
112
122
4
71
115
4
14
27
28
122
3
735
4
1
2
2
12
58
3
2
117
105
5
69
102
5
18
35
31
85
5
659
4
2
2
1
Total Europe................
814
1,034
1,102
1,359
1,649
1,437
1,319
10
60
3
2
139
125
6
74
85
5
18
37
28
100
3
686
4
2
*
3
1,391
Canada.......................
5
105
3
2
128
88
5
112
75
6
9
66
16
60
2
870
4
1
205
194
198
227
221
206
193
183
181
180
Latin America:
Argentina...................
Brazil......................
Chile......................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
4
9
8
9
*
10
4
6
1
33
24
11
5
1
6
16
5
7
*
6
3
7
1
33
20
18
5
2
6
16
9
6
*
13
3
9
1
25
37
22
2
1
11
19
11
6
*
22
5
4
4
18
37
162
23
6
14
15
13
6
■*
20
6
4
4
17
29
173
5
5
17
17
8
6
*
20
6
4
4
17
29
167
7
6
19
13
14
6
*
23
6
5
4
14
33
232
4
8
18
21
14
7
*
22
5
7
2
16
33
275
3
5
18
20
21
7
*
17
8
8
3
18
28
341
5
12
Total Latin America..........
124
130
150
9
18
10
7
•*
17
4
12
5
16
43
39
2
4
187
329
311
307
381
429
506
1
5
12
4
17
89
1
9
5
2
30
1
5
18
4
12
136
2
8
3
3
32
1
7
20
5
14
143
2
9
3
3
26
1
8
22
6
19
158
10
7
11
3
121
224
233
322
366
1
9
26
11
21
178
10
6
17
4
139
421
1
12
27
10
10
177
13
7
18
3
142
176
1
9
38
9
24
144
1
7
9
4
49
296
1
8
25
5
28
165
11
7
10
4
58
Total Asia..................
1
5
12
4
3
63
1
8
5
5
45
151
420
1
11
13
6
9
194
12
9
23
4
109
391
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic -(Egypt)....
Other Africa................
*
*
8
3
11
1
*
11
5
7
2
*
13
7
27
2
1
14
7
28
2
3
34
1
38
2
1
31
2
18
2
1
45
1
32
23
24
49
52
78
54
82
1
1
31
1
34
68
1
1
26
1
30
Total Africa...............
1
1
45
1
31
78
Other countries:
Australia...................
All other...................
61
8
45
5
60
2
60
7
75
7
81
8
81
8
68
9
46
9
54
10
67
82
89
89
77
55
64
2,356
2,773
Asia:
China Mainland...............
Hong Kong...................
India...... ................
Indonesia...................
Israel.....................
Japan.......................
Korea......................
Philippines.................
Taiwan......................
Thailand....................
Other Asia..................
Total other countries.........
Total foreign countries........
International and regional
Grand total...................
69
49
62
1,386
1,608
1,786
2,124
2,655
2,418
2,532
2,642
*
•*
*
•*
*
*
*
1
•*
1,386
1,608
1,786
2,124
2,655
2,418
2,357
2,532
2,643
1/ Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable m
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date,
* Less than $500,000.
p Preliminary.
59
•*
2,774
August 1972
113
___________________________________ CAPITAL M O VE M E N TS________________________________
Section III - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-III-3. - Short-Term Liabilities, by Type and Country, as of M arch 31, 1972
Preliminary
(Position m millions of dollars)
Country
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
short-term
liabilities
Payable in
dollars
Payable in
foreign
currencies
Total Europe................
5
105
3
2
128
88
5
112
75
6
9
66
16
60
2
870
4
1
*
5
1,564
5
94
2
2
110
65
3
83
64
5
9
64
14
40
1
751
1
1
*
2
1,318
19
24
2
30
11
1
*
2
1
20
•*
119
3
*
*
3
246
Canada.......................
188
152
36
18
20
21
7
*
17
8
8
3
18
28
341
5
12
506
17
18
20
5
*
11
7
6
3
15
19
290
5
11
428
1
2
1
2
*
6
1
11
13
6
9
194
12
9
23
4
109
391
1
10
12
4
8
173
12
6
22
3
100
352
1
1
26
1
30
-*
*
26
1
28
1
59
55
4
54
10
26
8
27
2
Latin America•
Argentina...................
Brazil....... ..............
Chile......................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics,.
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
Total Latin America..........
Asia:
China Mainland...............
Hong Kong...................
India.......................
Indonesia...................
Israel......................
Japan......................
Korea......................
Philippines.................
Taiwan......................
Thailand....................
Other Asia..................
Total Asia..................
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic (Egypt)....
Other Africa................
Total Africa................
Other countries:
Australia...................
All other...................
Total other countries.........
Total foreign countries........
11
]_
2
*
2
9
1
79
1
2
1
]_
21
•*
3
1
2_
9
40
]_
2
64
35
29
2,773
2,340
433
*
*
-
2,774
2,340
433
International and regional .......
Grand total...................
*
Less than $500,000.
Treasury Bulletin
114
__________________________________ CAPITAL M OVEM ENTS____________________________________
Section III - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-III-4. - Long-Term Liabilities by Country
(Position at end of period in millions of dollars)
Calendar year
1971
1972
Country
Europe:
Austria.....................
Belgiumr-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................
1967
1968
1
1
36
*
66
50
*1
27
I64.
*
_
346
*
84
*
38
189
*
56
58
*
*
5
134
469
*
7
_
1,041
*
125
*
48
465
*
128
69
*
7
*
6
253
476
*
5
_
1,582
1969 1/
1970
Mar.
June
1
144
*
56
675
*
152
76
*
7
5
7
325
_
658
*
5
_
2,111
1
174
14
Ill
614
*
161
140
*
7
5
5
424
*
1,087
*
5
_
2,747
1
167
25
94
599
8
201
171
*
7
6
5
459
*
1,022
*
3
1
153
47
_
76
572
19
198
154
*
5
5
5
470
*
1,034
*
3
-
-
*
153
42
_
71
542
19
197
151
2
5
4
3
447
*
901
*
*
_
-
2,768
2,743
2,537
2,538
2,488
Sept.
Dec.
Mar. p
*
156
41
*
147
42
•*
59
583
13
159
153
*
4
4
2
454
71
558
19
201
I64
*
4
5
3
443
1
875
*
*
-
868
*
■*
_
-
Canada.......................
49
42
34
47
67
70
68
61
72
71
Latin America:
Argentina...................
Brazil......................
Chile......................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
2
3
*
*
_
*
*
1
5
*
*
10
1
1
2
*
*
*
_
*
4
*
5
*
1
23
1
*
2
1
1
*
_
5
13
*
5
-*
1
48
*
*
2
1
1
■*
3
2
1
*
4
1
1
*
4
1
1
*
2
1
1
1
1
1
*
1
1
1
*
5
13
*
5
1
2
85
*
*
*
14
1
5
2
2
188
1
*
1
19
*
*
2
2
230
1
*
1
15
*
*
2
3
248
1
*
1
10
*
*
2
3
219
1
*
1
14
*
*
2
3
285
10
*
1
14
2
*
2
3
255
3
*
Total Latin America..........
23
37
77
115
219
261
275
239
319
'
284
■*
1
*
_
5
11
-*
*
_
*
6
*
*
*
*
*
*
*
*
1
*
*
1
•*
*
_
2
2
*
*
_
_
*
■*
*
*
_
*
4
5
*
1
*
5
11
*
*
23
23
42
5
32
*
1
*
*
3
42
5
32
*
1
*
6
5
30
*
1
*
*
5
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic (Egypt)....
Other Africa................
*
1
*
*
*
_
■*
1
*
*
_
*
6
*
*
*
*
6
Total Africa................
1
1
*
*
*
*
1
6
5
5
7
*
7
*
Total other countries....,,....
7
7
8
Total foreign countries.........
428
1,129
International and regional......
-
Grand total...................
428
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel......................
Japan......................
Korea......................
Philippines.................
Taiwan.....................
Thailand....................
Other Asia..................
Total Asia..................
Other countries:
Australia...................
All other...................
*
*
_
_
*
*
_
_
*
*
*
*
5
39
*
1
*
*
6
33
*
1
*
*
*
*
1
6
43
*
*
*
*
1
40
41
47
51
_
*
*
*
7
_
*
*
*
6
_
*
*
*
7
_
*
*
*
6
6
7
6
7
6
21
*
30
*
40
*
38
*
45
46
*
8
21
30
40
38
45
46
1,725
2,304
3,102
3,177
3,172
2,922
3,028
2,946
-
-
-
-
-
-
-
-
-
1,129
1,725
2,304
3,102
3,177
3,172
2,922
3,028
2,946
1/ 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,
* Less than $500,000.
p Preliminary.
August 1972
115
________________________________________________ C APITA L M O V E M E N T S _________________________________________________
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-1. - Claims by Type
(In 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
63
170
568
88
63
223
705
605
68
32
304
1,432
1,505
824
875
58
71
549
560
344
354
1,248
1,305
939
968
76
89
233
248
385
396
1,496
1,528
1,18 1
1,208
122
126
193
194
399
406
1,646
1,664
1,323
1,340
131
132
192 ^
192 J
453
777
637
1958...............
943
720
1959...............
1,009
I960 2/.............
f 1>775
1961-Mar. 2/........
f 1,633
June 2/.........
f 1,895
Sept. 2/........
f 2,099
^1,859
\ 1,701
\ 1,934
\ 2,117
Other short-term
claims payable in
foreign currencies
78
947
1957...............
Deposits with banks
abroad in reporter's
own name
Long-term
claims
Dec............
2,138
1,636
1,335
150
151
502
1962-June 2/........
f 2,443
t 2,678
1,807
1,974
1,475
1,598
178
208
153
168
636
704
f 2,809
\ 2,867
2,051
2,098
1,625
1,668
214
217
212
212
758
769
f 2,929
t 2,979
2,113
2,162
1,712
1,758
201
204
200 1
200 J
816
June 2/........
f 3,048^1
2,282
1,877
222
183
Dec. 2/........
f 2,854
2,131
2,188
1,739
1,778
201
199
191
211
723
734
1964-June 2/........
f 3,297
^3,245
2,482
2,430
2,000
1,952
220
219
262 "1
260 j
815
Dec. 2/........
f 3,738
I 3,934
2,776
2,853
2,306
2,338
189
205
281
310
962
1,081
f 3,565
{ 3,438
2,397
2,299
2,000
1,911
167
166
229
222
1,169
1,139
3,884
2,628
2,225
167
236
1,256
f 4,483
< 4,581
2,946
3,011
2,529
2,599
201
203
216
209
1,537
1,570
5,572
3,783
3,173
368
241
1,790
f 5,925
t 6,523
3,710
4,159
3,124
3,532
221
244
365
383
2,215
2,363
1970...............
7,110
4,160
3,579
234
348
2,950
1971-Mar............
7,498
4,515
3,909
232
374
2,983
June...........
7,691
4,696
4,045
303
34S
2,994
Sept...........
7,907
4,882
4,174
383
326
3,025
333
3,137
408
3,214
Dec. 2/.........
1963-Mar. 2/........
1965 2/.............
1966...............
1967 2/.............
1968...............
1969 2/.............
^3,l64j
12,922
Dec............
8,322
5,185
4,535
318
1972-Mar. p.........
8,657
5,443
4,677
358
Note: Breaks in series arising from changes in reporting coverage which
amount to $5 million or less for any year are not shown; in such
cases, only the figure comparable to that for the following date is
shown.
1/ Data are shown for calendar year ends and for the most recent five
quarter ends for which figures are available. Data are also shown
f
^
766
882
for earlier quarter ends when the reporting coverage changed.
2/ Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the first line are comparable in cover*age to those shown for the preceding date; figures on the second line
are comparable to those shown for the following date,
p Preliminary.
Treasury Bulletin
116
_______________________________ CAPITAL M OVEM ENTS___________________________________
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)
1972
1971
Calendar year
Country
1967
1968
Europe:
1969 1/
Mar.
June
10
47
17
11
150
209
28
163
62
16
15
81
40
47
8
698
17
9
1
23
1,652
10
49
16
8
159
191
34
175
65
15
13
93
53
38
17
1,020
16
12
4
13
1,997
10
61
17
15
181
228
27
172
74
14
20
91
40
62
9
961
16
11
2
14
2,027
Other Eastern Europe.........
7
90
24
29
9
774
4
14
1
7
5
47
12
9
145
204
27
124
54
10
7
71
26
39
6
1,221
7
16
*
7
5
53
15
6
114
192
18
143
45
15
10
71
27
33
11
929
18
10
3
16
Total Europe................
1,449
2,039
1,732
547
540
728
842
769
721
706
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
28
84
34
22
2
112
13
29
5
57
64
23
7
10
46
91
36
29
2
103
15
26
6
67
82
66
6
9
49
82
40
28
1
115
18
27
7
56
84
54
6
16
54
86
41
33
1
148
19
30
7
56
90
87
6
17
61
120
48
37
1
156
18
36
6
67
99
188
9
29
65
105
40
36
1
143
21
35
7
69
95
222
8
21
Total Latin America..........
Belgium-Luxembourg...........
Italy......................
5
42
11
6
111
134
20
103
51
8
Switzerland.................
United Kingdom...............
Yugoslavia..................
Other Western Europe.........
5
59
16
7
122
219.
19
155
64
17
10
77
32
45
12
999
18
12
3
19
1,909
1970
Sept.
13
59
14
16
182
209
40
176
66
17
13
89
37
95
9
846
21
14
4
12
Dec.
Mar.
p
17
47
18
19
201
210
36
187
67
16
23
103
35
59
9
976
10
13
10
16
1,932
14
62
15
18
208
192
35
191
69
13
16
125
40
63
9
957
13
13
14
13
2,080
2,074
800
909
1,217
66
118
44
31
1
151
17
36
6
69
96
273
9
25
66
127
48
40
1
146
20
34
6
73
105
362
9
21
49
142
40
41
1
134
19
31
6
'77
95
313
8
22
866
940
1,057
55
150
47
46
1
151
21
34
5
81
101
366
9
24
1,090
1
25
39
21
25
372
54
56
38
13
157
1
26
36
24
21
397
52
43
43
16
201
1
24
37
29
23
411
68
49
41
15
146
*
21
31
29
23
469
56
64
45
18
172
800
859
844
930
4
3
39
9
67
122
6
3
41
9
97
5
3
42
9
71
156
130
83
19
102
86
27
113
Latin America;
Brazil......................
Chile......................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
490
584
582
677
874
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel......................
Japan........... ...........
Korea......................
Philippines..................
Taiwan......................
Thailand....................
Other Asia..................
*
9
42
4
6
185
9
33
9
13
87
■x
11
34
12
31
234
26
31
19
14
112
•X
524
17
34
21
23
323
42
30
33
11
145
678
19
39
20
24
349
50
31
32
397
■x
11
37
12
36
255
28
40
19
15
117
572
-X
Total Asia..................
•x
8
34
7
7
207
21
25
19
16
134
478
2
3
31
7
34
76
4
4
26
9
39
80
4
4
30
9
42
88
3
3
30
9
47
92
5
4
32
10
50
Total Africa................
1
3
14
7
31
56
100
6
3
38
9
64
120
Other countries:
Australia...................
All other...................
62
10
54
11
56
9
60
10
80
15
86
13
82
17
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic (Egypt)___
Other Africa................
12
153
729
977
Total other countries.........
72
65
64
70
94
99
99
85
24
109
Total foreign countries.........
3,010
3,782
3,709
4,159
4,159
4,512
4,693
4,878
5,182
5,441
-X
1
*
-X
1
3
4
4
4
2
3,011
3,783
3,710
4,159
4,160
4,515
4,696
4,882
5,185
5,443
International and regional
Grand total...................
1/ 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 m the second
*
p
column are comparable to those shown for the following date,
Less than $500,000.
Preliminary.
August 1972
_________________________________________________ C A P IT A L M O V E M E N T S____,_______ ______________________
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 March 31, 1972
Preliminary
(Position in millions of dollars)
Country
Europe:
Austria.....................
Belgium-Luxembourg...........
Denmark.....................
Finland.....................
France......................
Germany.....................
Greece......................
Italy.......................
Netherlands.................
Norway......................
Portugal....................
Spain.......................
Sweden......................
Switzerland.................
Turkey......................
United Kingdom...............
Yugoslavia..................
Other Western Europe.........
Other Eastern Europe.........
Total
short-term
claims
17
47
18
19
201
210
36
187
67
16
23
103
35
59
9
976
10
13
10
16
Payable in foreign currencies
Payable in
dollars
10
39
18
18
166
191
34
167
58
15
23
99
34
47
8
899
9
13
9
15
Deposits with banks abroad
in reporter's own name
4
5
x
*
26
7
1
7
4 •
* *
*
2
*
7
1
55
*
x
*
-*
Other short-term claims
payable in foreign currencies
3
3
1
*
9
12
1
13
5
x
x
2
1
6
*
22
x
X
X
X
80
Total Europe................
2,074
1,874
120
Canada.......................
1,217
914
79
224
Latin America:
Argentina...................
Brazil......................
Chile.......................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Cther Latin America..........
49
142
40
41
1
134
19
31
6
77
95
313
8
22
47
130
36
37
*
128
18
26
4
70
82
306
8
21
x
8
3
1
1
x
*
1
2
3
1
2
6
1
3
1
5
7
Total Latin America..........
977
914
30
33
*
21
31
29
23
469
56
64
45
18
172
*
18
22
28
20
365
56
58
44
17
162
3
1
930
789
x
8
1
x
91
*
2
1
1
5
110
5
3
42
9
71
130
4
2
31
5
64
106
x
1
2
3
6
12
86
27
56
22
6
1
Asia:
China Mainland.......... .
Hong Kong...................
India.......................
Indonesia...................
Israel......................
Japan.......................
Korea.......................
Philippines.................
Taiwan......................
Thailand.............. ......
Other Asia..................
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic (Egypt)__
Other Africa................
Total Africa................
Other countries:
Australia...................
All other...................
Total other countries.........
Total foreign countries.........
International and regional......
Less than $500,000.
1
6
7
x
x
X
X
1
X
2
13
X
4
1
X
5
31
X
1
10
1
1
13
113
78
7
24
4
28
5,441
2
4,675
2
358
408
5,443
*
X
4,677
-
-
358
408
118
Treasury Bulletin
..CAPITAL M O VE 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 millions of dollars)
End of
calendar year
or month
Total
short-term
3iquid
claims
1964.................
f
196^ ?J
\
1966.................
Total
Demand
Time
Deposits
Short-term
investments 1/
Total
Demand
Time
Short-term
investments 1/
1,436
1,102
28
870
205
334
42
118
174
917
844
691
625
19
19
557
549
114
57
227
219
45
45
90
86
88
92
805
58
699
48
168
40
69
59
1,078
\ 1,163
901
985
66
66
702
786
133
133
177
178
50
51
77
77
49
49
1,638
1,306
28
1,192
87
332
49
222
60
1,318
1,068
1,222
116
161
250
269
174
183
150
203r
294
36lr
173
241r
I
1
292
240
1968................
f
1969 2/
Payable in foreign currencies
Deposits
973
f
1967 2/
Payable in dollars
\ 1,491
951
1,062
1970.................
1971.................
1
847
1,276
1,141
l,636r
697
l,073r
76
86
j1
1
1
121
120
1
161
160
938
1,098
453
122
361
926
183
1,109
June.............
238
101
340
197
1,138
942
1,478
July.............
246
128
208
375
1,078
1,286
1,661
Aug..............
107
285
204
393
983
1,187
Sept.............
1,579
106
277
211
1,010
383
1,221
1,604
Oct..............
210
246
143
389
1,622
1,024
1,233
Nov..............
120
203r
361r
241r
l,073r
1,276
Dec..............
l,636r
251r
235r
163
l,087r
414r
1,322
1972-Jan..............
l,736r
245r
47Or
225
1,350
l,034r
3l6r
Feb..............
1,820r
28lr
200
4&Lr
l,209r
1,475
266r
Mar..............
l,956r
259r
I64
2llr
l,247r
l,458r
423r
1,88lr
279
150
207
429
May..............
1,490
1,919
_________Id M ____________
Note: Data represent the liquid assets abroad of large nonbanking con
from the date on which the obligation was incurred by the foreigner.
cerns in the United States. They are a portion of the total claims on
2/ Data on the two lines shown for this date differ because of changes
foreigners reported by nonbanking concerns in the United States and
in reporting coverage. Figures on the first line are comparable in
are included in the figures shown in Tables CM-IV-1 through CM-IV-3.
coverage to those shown for the preceding date; figures on the second
1/ Negotiable and other readily transferable foreign obligations payable
line are comparable to those shown for the following date,
on demand or having a contractual maturity of not more than one year
r Revised.
1,551
1,470
Table CM-IV-5. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns by Country
(Position at end of period in millions of dollars)
Calendar year
Country
1968
1972
1970
1969 1/
1971
Jan.
Feb.
Mar.
14
39
3
22
3
6
575
7
35
1
17
3
6
604
6
30
4
19
2
5
548
7
29
6
14
6
8
642
845r
Belgium-Luxembourg.........
France....................
Germany...................
Italy.....................
Netherlands................
Switzerland...............
United Kingdom.............
4
48
88
25
18
13
979
24
9
52
15
4
4
610
27
9
58
15
4
6
663
Canada....................
280
468
534
436
577r
672r
Bahamas and Bermuda........
52
36
66
144
259
242
Japan.....................
69
62
62
58
76
89
All other countries 2/......
63
34
47
54
61
Total.....................
1,638
1,318
1,491
1,141
6
12
31
15
6
7
372
Note: Data represent the liquid assets abroad of large nonbanking cancerns in the United States. They are a portion of the total claims on
foreigners reported by nonbanking concerns m the United States and
are included in the figures shown m Tables CM-IV-1 through CM-IV-3.
1/ Data m the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable
l,636r
61
l,736r
Apr.
May
8
23
4
13
5
8
651r
10
20
10
16
5
8
684
847r
740r
664
213
235
256
317
81
92
98
101
66
1,820r
70
l,956r
76
l,88lr
85
1,919
in coverage to those shown for the preceding date; figures in the
second column are comparable to those shown for the following date,
2/ Includes the liquid claims of $500 thousand or more held by reporting
concerns in any country not listed above.
r Revised,
August 1972
119
.CAPITAL M O VEM EN TS.
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 o f May 31, 1972
(Position in millions of dollars)
Country
Belgium-Luxembourg..........
France.....................
Germany....................
Italy......................
Netherlands................
Switzerland................
United Kingdom..............
Canada.....................
Bahamas and Bermuda.........
Japan......................
All other countries 2/.......
Total......................
•Total
short-term
liquid
claims
10
20
10
16
5
8
684
Payable in dollars
Total
2
14
1
7
5
3
639
Deposits
Payable in foreign currencies
Short-term
investments l/
2
i
n
±u
*
4
5
5
e9
C
]_
567
Total
Deposits
Short- term
investments 1/
O
72
8
6
10
9
*
5
44
8
6
10
9
*
5
43
*
-X
1
664
477
401
76
186
44
142
317
314
271
43
3
3
-
101
2
2
*
98
98
-
85
26
17
9
59
52
7
1,919
1,490
1,282
207
429
279
150
Note: Data represent the liquid assets abroad of large nonbanking concerns
in the United States. They are a portion of the total claims on for
eigners reported by nonbanking concerns in the United States and are
included in the figures shown in Tables CM-IV-1 through CM-IV-3.
l/ 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.
*
Less than $500,000.
Treasury Bulletin
120
_________________________________CAPITAL M OVEM ENTS_________________________________
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
1971
1972
Country
1967
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.........
1968
1969 1/
1970
Mar.
June
Sept.
*
4
1
3
15
12
58
125
10
9
22
83
67
1
5
152
3
14
*
*
4
1
3
17
13
58
125
10
13
22
83
68
1
5
152
3
14
1
*
5
6
3
14
16
57
88
312
22
19
86
51
10
3
146
4
11
1
*
5
7
3
17
16
56
65
315
23
18
85
49
5
3
154
5
15
1
1
6
7
6
20
15
68
37
335
21
18
84
46
6
3
151
6
15
1
1
6
7
3
20
15
67
34
333
25
3
86
44
6
3
135
6
15
_
1
Dec.
Mar. p
Total Europe................
1
8
11
1
17
36
51
22
4
5
12
60
2
16
6
43
*
10
306
453
584
595
854
842
843
810
1
4
7
3
19
20
67
40
333
28
15
86
43
16
2
128
13
12
_
5
842
Canada.......................
322
419
496
562
669
670
677
753
756
775
Latin America:
Argentina...................
Brazil......................
Chile......................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda.........
Netherlands Antilles and Surinam
Other Latin America...........
74
212
91
16
9
91
8
18
2
15
36
6
*
1
66
194
54
10
9
73
13
17
1
16
40
2
*
64
172
198
19
9
73
17
20
1
16
41
2
*
2
65
177
200
22
9
77
29
21
1
20
44
3
*
5
67
182
260
38
9
63
31
28
2
23
143
3
*
9
63
180
244
37
9
64
31
27
2
31
172
3
*
9
66
179
218
37
9
63
28
23
2
28
172
4
*
10
66
174
216
34
9
60
29
28
4
31
225
4
*
10
62
173
217
33
9
59
31
28
4
32
225
11
*
10
Total Latin America..........
577
498
633
674
71
183
261
38
9
60
29
30
2
23
143
3
*
9
861
859
873
840
890
895
1
17
5
14
128
16
24
15
3
38
*
15
6
31
128
1°
25
14
5
55
1
14
9
49
141
62
34
19
8
55
1
14
9
50
142
79
38
19
9
52
2
13
17
46
140
81
42
29
16
47
1
13
18
49
161
80
40
29
16
57
412
432
463
_
2
18
23
43
133
79
46
30
17
65
456
_
2
15
21
49
141
79
48
33
17
62
391
1
16
19
48
138
80
43
30
17
59
451
*
2
16
20
73
141
78
48
34
17
73
503
*
*
2
4
64
71
*
1
3
4
69
77
*
1
4
4
66
*
*
5
4
81
75
Asia:
China Mainland...............
Hong Kong................ .
India......................
Indonesia...................
Israel......................
Japan......... .............
Korea... ...................
Philippines.................
Taiwan......................
Thailand....................
Other Asia..................
2
5
1
*
21
30
56
27
9
4
13
74
39
■*
6
147
1
18
*
■*
Total Asia..................
260
299
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic (Egypt)....
Other Africa................
1
*
1
4
84
1
*
4
4
75
■*
■*
2
4
63
Total Africa................
89
83
69
*
*
2
4
69
75
Other countries:
Australia.............. ...
All other............ ......
15
1
39
3
42
41
5
46
59
5
67
5
64
468
1
4
7
6
18
16
67
42
332
27
15
84
41
16
14
128
13
10
*
9
851
90
*
1
6
4
85
96
104
70
5
69
5
78
5
79
5
72
75
74
83
84
1
1
7
4
92
Total other countries.........
16
35
3
38
Total foreign countries.........
1,570
1,790
2,215
2,363
2,950
2,983
2,993
3,024
3,134
3,212
International and regional ......
-
-
-
-
*
*
1
1
2
2
Grand total...................
1,570
1,790
2,363
2,950
2,983
2,994
3,025
3,137
3,214
2,215
1/ 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 m the second
*
p
column are comparable to those shown for the following date,
Less than $500,000.
Preliminary.
August 1972
121
_______________________________C A P IT A L M O V E M E N T S _________________________________
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 o f 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 U.S. Government bonds and notes
Corporate and other securities
Net foreign purchases
Calendar year
or month
Foreign countries
Total
Official
insti
tutions
Other
foreign
ers
-2 37
524
_98
- 20
-207
369
1958..........
1959..........
1960..........
1961..........
1962..........
1963..........
1964..........
1965..........
1966..........
1967..........
1968..........
1969..........
1970..........
1971..........
1972-Jan.-June p.
1971-June......
36
689
127
512
-728
671
-338
-76
-616
-43
-489
-45
56
1,672
-59
-20
-245
48
-380
-115
-41
1,661
36
95
56
30
51
59
123
-119
1,267
92
1,337
87
July......
Aug........
Sept......
Oct.......
Nov.........
Dec.......
260
212
118
252
446
175
253
238
145
257
474
209
1972-Jan.......
Feb.......
Mar.......
Apr.......
May p .....
June p....
248
141
230
48
348
251
305
138
245
25
350
274
-76
4
6
-36
-28
-5
-29
-34
-58
3
-16
13
6
-23
Gross
Inter
foreign
national
purchases
and
regional
Gross
foreign
sales
Net
Bonds 1/
Stocks
foreign
purchases
Gross
Gross
of
Net
Gross
Net
corporate foreign
foreign
foreign foreign
foreign
purchases purchases
and other purchases purchases sales
securities
273
165
224
532
-521
302
-315
-151
-427
-12 1
-161
11
-25
130
1,224
1,217
1,730
1,744
1,780
1,867
1,149
1,077
680
585
443
528
691
2,414
1,188
528
1,603
1,231
2,508
1,196
1,487
1,153
1,296
629
932
574
634
742
-39
435
252
223
60
207
-173
-375
678
1,070
4,234
2,688
1,582
1,416
17
73
50
-99
-51
9
176
38
1,0 11
313
1,964
1,202
956
684
5
*
1,614
99
266
282
151
288
606
258
347
7
1,806
-15
7
70
33
35
161
83
72
48
48
2
103
75
36
163
249
-7
95
465
1,041
-4
40
85
94
40
94
-18
1
11
1
*
1
1
1
_
1
11
-8
1
320
189
278
50
451
326
l/ Data include transactions m issues of states and municipalities, and
of corporations and other agencies of the U.S. Government which are
p
302
299
498
263
215
209
33
146
321
205
16Q
176
Gross
foreign
sales
361
369
442
317
308
256
461
675
1,553
2,243
4,446
3,054
2,499
2,947
2,497
147
344
296
392
416
359
246
284
637
542
1,929
2,481
1,853
1,543
2,263
-56
363
202
323
111
198
-349
-413
-333
757
2,270
1,487
626
733
1,397
2,224
1,977
3,067
2,260
2,724
3,076
3,720
4,740
8,033
13,118
12,429
8,927
11,626
1,454
1,862
1,775
2,745
2,149
2,527
3,425
4,133
5,074
7,276
10,848
10,942
8,301
10,893
1,456
152
765
-11
7,361
860
6,596
871
197
289
227
253
274
311
158
204
133
213
180
329
-3
78
155
-47
845
896
818
713
665
1,361
848
817
663
760
665
878
277
328
567
522
337
467
244
182
245
317
177
291
269
153
177
78
55
33
1,303
1,283
1,459
1,034
1,130
1,282
1,103
934
1,114
483
1,181
989
1,147
not guaranteed by the United States.
Preliminary.
*
Less than $500,000.
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)
Foreign stocks
Foreign bonds
Calendar year
or month
Net foreign
purchases
of foreign
securities
Gross foreign
sales
Net foreign
purchases
Gross foreign
purchases
-1,026
-512
-562
-460
-944
-1,095
-928
-1,242
-914
-1,163
-1,380
-1,029
-951
-885
-792
889
946
883
802
1,093
991
915
1,198
1,778
2,024
2,306
1,552
1,490
1,687
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
2,571
1972-Jan.-June p.....
-1,363
-750
-645
-830
-1,048
-1,044
-728
-953
-685
-1,320
-1,695
-1,547
-915
-933
-636
855
1971-June...........
-132
-100
July...........
Aug............
Sept...........
Oct............
Nov............
Dec............
-68
-180
15
-43
61
51
-26
-203
-7
-95
1
10
1972-Jan............
Feb............
Mar............
Apr............
May p..........
June p.........
-262
-81
-46
38
-78
-207
-283
-82
-67
4
-186
-179
139
112
110
131
163
137
185
126
159
181
161
124
103
1958...............
1959...............
1960...............
1961...............
1962...............
1963...............
1964...............
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
p
Preliminary.
Net foreign
purchases
Gross forei gn
purchases
Gross foreign
sales
-336
-238
-83
-370
-104
51
200
290
229
-157
-314
-517
35
-49
467
566
509
596
702
696
748
906
960
880
1,252
1,519
1,033
1,385
804
804
592
966
806
644
548
617
731
1,037
1,566
2,037
998
1,434
1,648
156
1,381
1,225
239
138
313
138
257
136
175
-32
98
130
-42
22
22
52
61
41
21
1
20
34
107
-28
102
124
118
157
137
195
144
102
96
104
76
154
170
199
269
181
138
268
409
241
248
157
310
282
191
200
290
215
245
240
Treasury Bulletin
122
.CAPITAL M OVEM ENTS.
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 U.S. Government Bonds and Notes by Country
Calendar year
1972
Country
1969
Europe:
Austria.....................
Belgiumr-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.........
1970
1971
1972
through
June p
Jan.
Feb.
Mar.
Apr.
May p
June p
x
*
X
X
-
-
-
X
-
X
*
5
-8
-
-1
-
X
-
-
-
*
-
_
-
-
-
-
-
-
-
-
_
_
_
_
_
X
X
_
X
X
X
-
X
■X
X
X
-
_
*
-
X
X
X
_
-2
x
x
X
X
X
X
X
X
*
X
X
X
X
X
X
x
X
X
X
-
X
X
_
_
X
X
-
-
-
-
-
-
X
-
-30
X
_
_
_
x
x
-
X
X
-
X
-
X
-2
3
-
4
26
13
-9
10
-7
X
X
-
_
7
3
X
X
X
-1
X
-
X
-
-
-
-
-
-
_
_
56
96
-
-
-14
-
X
-
-149
55
-
-59
-
13
4
-15
X
-
X
-
-
-
X
_
_
_
_
_
-44
_
_
-
7
-24
_
_
_
X
X
-1
X
X
•X
_
Total Europe................
11
100
-68
-55
-41
3
-15
12
7
-21
Canada.......................
-114
-76
3
132
-2
X
-1
1
-13
147
X
_
_
_
_
_
Argentina...................
Brazil......................
Chile...... ................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
Total Latin America..........
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel......................
Japan......................
Korea......................
Philippines.................
Taiwan.....................
Thailand..... ..............
Other Asia..................
Total Asia..................
*
*
X
X
_
X
-
_
-
_
-
X
-
_
X
*
-
X
*
-
_
_
-X
X
_
_
_
_
X
X
X
X
X
_
-
*
-
_
_
_
_
_
_
_
X
X
X
_
-
-
_
_
_
X
-
_
X
X
X
X
X
X
X
-
-
_
_
X
X
X
_
-
20
-20
X
X
X
-
X
_
-
_
X
_
X
2
-1
X
53
-1
2
20
*
_
_
_
_
_
_
_
_
_
_
_
X
1,662
_
_
_
_
290
_
_
_
_
X
X
X
1,642
1,185
290
-4
35
X
X
X
X-
-
X
-
X
X
X
Total foreign countries........
-56
82
International and regional:
International...............
Latin American regional.......
Asian regional..............
6
5
-1
11
-31
6
-25
-45
56
Preliminary.
Less than $500,000.
-
X
Total Africa................
p
*
X
X
-35
-35
Grand total...................
X
-
2
35
Total international and regional
_
-
-2
-3
Total other countries.........
_
X
X
*
X
_
-
X
_
_
_
X
X
52
X
_
*
_
_
_
1,184
_
X
_
*
_
_
X
_
_
_
_
_
_
_
_
X
X
X
X
X
_
_
_
_
_
_
_
_
_
X
_
_
X
_
_
1
2
-1
1
-3
Africa:
Congo (Kinshasa).............
Morocco.................... .
South Africa................
United Arab Republic (Egypt)....
Other Africa................
Other countries:
Australia...................
All other...................
_
_
_
X
_
_
_
_
_
_
138
_
_
_
_
_
_
_
_
245
_
_
_
_
_
_
X
*
_
_
X
_
_
25
X
362
124
_
_
_
-
138
-
X
245
25
-
362
_
124
_
_
_
_
_
_
_
-
-
-
-
-
-
-
-
-
-
_
_
-
-
-
-
-
*
-
-
-
-
X
-
1,542
1,261
247
141
229
38
356
251
124
6
1
1
_
10
1
11
1
-
1
1
-8
130
10
-5
5
-8
1
1,672
1,267
248
141
230
48
348
251
X
_
_
X
-
-
August 1972
123
.CAPITAL M OVEM ENTS.
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 o f Marketable U.S. Government Bonds and Notes by Country
(Position at end of period in millions of dollars)
1972
Calendar year
Country
1970
(See note)
1969
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.........
1971
X
6
*
1
2
3
•x
X
1
XX
1
6
60
Jan.
Mar.
Feb.
■x
6
*
1
2
3
■X
•X
1
*
X
1
16
52
•X
6
■X
1
2
3
■x
•X
1
■X
*
1
19
52
_
264
_
71
-X
7
x1
2
3
xX
1
X
X
1
2
34
472
17
_
6
323
71
_
5
279
-
-
-
71
_
5
71
_
5
71
_
5
280
71
_
5
Total Europe................
500
600
547
480
438
441
426
438
445
424
Canada.......................
269
193
178
181
179
179
178
179
166
313
X
_
_
_
_
XX
_
X
_
_
_
_
X
X
_
_
X
1
4
2
X
x_
_
_
_
X
X_
_
-X
1
4
2
*
*
_
*
-X
X
•X
•X
X-
*
-X
•X
1
4
2
*
-X
1
4
2
•X
1
4
2
■X
-
-
-
-
283
•X
6
■X
1
2
3
■X
•X
1
•X
■X
1
16
52
June p
*
5
*
1
6
X
X
X
2
7
X
1
3
49
-X
503
16
_
6
-
X6
x1
2
3
X
X1
X
X1
16
53
May p
-x
*
8
1
6
*
*
*
2
7
-x
1
3
42
*
407
16
_
7
X
6
*
1
2
3
X-X
1
*
X1
16
53
X
6
X1
2
3
-X
X1
X
*
1
16
53
Apr.
268
-
288
71
_
5
_
5
Latin America:
Argentina...................
Brazil......................
Chile......................
Colombia....................
Cuba.......................
Mexico.....................
Panama.....................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
*
x
*
X
_
XX
•X
*
X
2
2
12
X
X
X
X
X
_
*
X
•X
*
X2
4
12
x-
X
_
_
X
_
X
X
_
-
-
X
2
3
2
X-
*
1
4
2
*
X
_
_
_
_
X
•X
_
_
X1
4
2
X-
Total Latin America..........
15
18
8
7
7
7
7
7
7
7
_
X
_
-x
X
61
_
■X
2
2
14
79
_
X20
X
*
61
X
X
2
X
16
X
1
20
*
1
_
X
1
_
X
1
X
1
_
-X
1
•x
1
■X
1
*
56
X
X
_
*
9
*
1,717
X
_
_
X
9
X
2,007
X
_
_
X
9
X
2,391
X
_
_
X
9
*
2,415
*
•X
X2,777
X
X
■X
2,901
*
■X
99
85
1,727
2,017
2,401
X9
2.425
X9
2,787
*
9
2.912
_
_
_
-x
•X
X
X
_
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel......................
Japan......................
Korea......................
Philippines.................
Taiwan......................
Thailand....................
Other Asia..................
Total Asia..................
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic (Egypt)....
Other Africa................
_
_
_
_
_
X
2,146
X
_
_
X
9
2,156
•X
•X
_
_
_
*
_
_
_
_
_
X
_
X
*
•X
_
7
7
42
43
43
8
8
_8
8
8
8
8
8
8
8
8
8
8
8
X
X
*
•x
*
X
X
-
-x
-x
•X
X-
XX
X
-
Total other countries........
X
"
*
*
*
■X
X
x-
Total foreign countries........
871
953
860
2,402
2,650
2,791
3,020
3,057
3,413
3,664
International and regional:
International..............
Latin American regional......
Asian regional..............
32
18
•X
24
2
24
126
30
126
31
*
126
31
126
32
136
25
X-
X
136
33
*
136
26
•x
50
24
26
156
157
157
158
168
161
161
921
977
886
2,558
2,807
2,948
3,177
3,226
3,574
3,825
Total Africa................
Other countries:
Australia...................
All other...................
Total international and regional
42
...
X
U.S. Government securities with an original maturity of more than one year.
Data shown as 01 end year 1969 through end year 1970 (first column) are
based on November 30,1968 benchmark survey of holdings and the regular
monthly reports of securities transactions (see Table CM-V-3). Data
shown for end year 1970 (second column) through latest date are based on
a benchmark survey as of Januaiy 31, 1971, and the monthly transactions
reports. For statistical convenience, the new series is introduced as
X-
X
X
The difference
between the two series is believed to arise from errors m reporting
during the period between the two benchmark surveys, from shifts in
ownership not involving purchases of sale through U.S. banks and
brokers, and from physical transfers of securities to and from abroad.
It is not possible to reconcile the two series or to revise figures
for earlier dates.
Less than $500,000.
p Preliminary.
Treasury Bulletin
124
_____________________________________ C A PITA L M O V E M E N T S _____________________________________
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 U.S. Government 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)
1972
Calendar year
Country
1970
1971
1972
through
June p
-4
81
4
*
97
200
-x
16
14
-23
x1
11
176
■X
251
-x
-2
■x
*
•x
85
2
x35
48
1
15
37
-18
■x
3
1
134
x118
*
2
_
*
-1
7
2
2
15
35
•x
5
-1
13
•*
1
6
197
-x
327
*
2
_
1
3
34
2
■x
145
5
-1
20
24
*
*
2
*
13
*
244
*
*
_
1
X38
-x
X3
2
X*
1
2
■X
X-4
-14
20
x_
■X
*
-11
*
-1
-1
■X
•X
-1
XX•X
X-20
*
102
■x
■X
_
1
1969
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.........
Jan.
-
Feb.
Mar.
1
3
*
*
5
3
X8
*
•X
-x
1
2
29
X54
Apr.
•x-1
x•X
38
3
*
*
20
-12
*
■X
•X
-1
_
17
-
-
-X
_
*
_
-
-
May p
June p
■X
3
■X
*
40
-3
-X
4
■X
5
-x
1
2
-3
•X
47
■X
•X
1
2
1
■X
61
1
■X
6
4
6
*
*
1
21
■x
4
-
_
_
-
Total Europe................
822
464
612
492
49
67
106
63
9?
110
Canada........„..............
32
128
37
52
10
11
-3
-1
11
23
Latin America:
Argentina...................
Brazil......................
Chile......................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
Peru.......................
Uruguay..... ...............
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
•x
•x
-1
*
_
-1
*
x■x
1
-1
-8
25
*
*
x*
*
_
*
7
*
■x
3
1
5
9
X-
1
Xxx_
-2
1
*
1
1
*
21
-3
*
1
■x
*
•x
-1
2
*
•*
*
*
20
-9
■x
-x
_
_
_
_
-X
*
*
*
•X
•X
2
-4
•X
XX*
-X
_
*
*
-X
*
-X
•X
-15
1
*
_
*
*
*■X
*
-X
4
-2
■X
Total Latin America..........
14
25
19
14
-2
-13
3
_
2
x*
-12
1
*
-4 .
-1
■*
3
-11
_
2
-x
*
1
2
_
x•x
x22
28
3
■x
x*
6
■x
-1
*
*
-11
-2
_
3
•X
-x
284
•x
*
■*
5
■X
X_
X-X
_
*
_
-X
2
*
_
*
51
_
*
-X
*
_
1
293
3
51
1
192
_
-X
■X
_
*
*
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel......................
Japan......................
Korea......................
Philippines.................
Taiwan......................
Thailand.......... *........
Other Asia..................
Total Asia..................
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa.................
United Arab Republic (Egypt)....
Other Africa................
*
*
*
*
-1
-
-1
_
•x
•X
■X
*
-X
_
-x
*
_
X-
1
x*
_
x-
10
•x
-14
1
-21
•x
*
•X
Total other countries.........
10
-12
-21
Total foreign countries.........
866
632
645
International and regional:
International...............
European regional............
Asian regional...............
343
324
■x
Total international and regional
336
1,202
Total Africa........... .....
Other countries:
Australia....................
All other...................
Grand total....................
-
-7
*
*
_
*
X_
*
_
-
_
•X
190
_
■x
X-
_
■X
•X
-X
_
_
-1
1
_
*
■X
*
-x
•X
X-
_
■X
•X
-x
11
_
•X
_
•X
1
27
11
_
_
*
_
_
-x
*
X-
-x
-X
XX-
_
_
*
-
-X
•X
*
851
60
39
■x
-
190
•x
-27
*
■X
X-
324
39
190
956
684
1,041
Note:
Data include transactions m issues of states and municipalities,
and of corporations and other agencies of the U.S. Government which are
not guaranteed by the United States.
p
*
26
1
•X
_
■X
26
_
•x*
-X
■X
X•x
■X
-
•X
*
*
1
_
•X
*
-X
•X
-X
•X
27
-1
*
*
*
■X
*
■x
■X
*
_
■X
1
*
•X
■X
•X
2
-3
•X
_
1
*6
*
*
1
8
_
-
*
-X
-X
-
298
90
146
140
29
23
35
-
115
-
14
-
-
-27
29
23
33
146
321
116
Preliminary.
Less than $500,000.
■X
*
-X
115
14
36
205
160
176
-
August 1972
125
_______________________CAPITAL M OVEM ENTS_________________________
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 met outflow of capital from the United States)
1.972
Calendar year
Country
1969
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................
Canada.......................
Latin America:
Argentina............... .
Brazil......................
Chile......................
Colombia.....................
Cuba.......................
Mexico.....................
Panama......................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
Total Latin America..........
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel......................
Japan......................
Korea.......................
Philippines.................
Taiwan.... .................
Thailand....................
Other Asia.......... .......
Total Asia..................
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic (Egypt)....
Other Africa................
Total Africa................
Other countries:
Australia...................
All other........ ..... .....
Total other countries.........
19
226
-1
■x150
216
-1
49
189
2
-2
5
-4
490
1
-245
•x2
*
*
1,094
125
■x
•x2
3
•*
5
-1
2
-4
2
•*
77
47
1
136
1970
1971
1972
through
June p
Jan.
-2
-10
-x
*
58
195
1
38
128
3
2
3
-7
110
-2
-33
*
-2
*
*
3
39
-1
-7
86
131
-1
32
219
2
5
6
-3
168
-2
-49
-1
*
_
1
*
-28
6
■x
85
-35
2
17
166
-1
12
5
-5
264
*
196
*
-2
*
-x
*
-18
■x*
36
29
-x
10
60
1
1
*
-1
98
-x
2
_
*
■x_
482
627
682
218
-9
-92
-97
1
■x
1
1
*
*
9
-3
-1
-1
6
*
14
26
-4
47
-3
-1
-1
*
*
-6
5
-1
-1
-4
-7
46
13
-3
38
*
1
*
-1
2
5
*
-1
-4
17
-17
-22
-7
*
*
*
-x
_
*
1
*
■X
-x
12
6
-8
•x-
*
•x•X
*
_
-3
1
-X
•X-1
*
-X
12
-X
■X*
•X■X_
6
*
*
*
-1
4
-4
-2
•*
1
*
*
•X
_
*
2
*
*
-1
1
2
9
-1
-26
11
10
3
*
55
•x*
2
10
*
1
*
*
44
•x
*
2
107
*
2
1
_
7
*
*
-x
17
*
■X
*
_
10
-x
*
*
9
*
*
*
*
8
•X
*
■x-2
*
1
-X
*
*
*
10
1
1
2
166
27
20
8
49....
*
*
*
*
1*
■X
■X
*
*
*
■x
; ^
x■X
*
*
*
X
-1
■x•X*
■X*
*
-1
•X-
-1
*
■X
-X
*
X
-X
*
X*
*
*
*
*
1
-x
9
*
*
■x
3
*
42
*
1
36
16
*
50
-2
*
*
48
*
2
-X
-2
11
90
85
108
*
*
6
*
1
*
-1
■x
*
-1
•x
*
•x*
1
7
-1
*
■x
*
-1
*
-1
-2
-2
1
-1
1
*
-2
•x
1
-1
1
-2
1
*
*
*
-x
•X-
Feb.
-1
6
-x
-X
13
4
•X
-X
37
Mar.
*
-5
*
*
19
-12
-1
4
27
*
3
*
-1
56
*
95
*
•X-
Apr.
May p
June p
1
-5
*
*
-9
-22
1
1
19
■X
2
4
-1
1
*
46
-X
_2
*
-1
*
*
19
-14
*
1
8
1
-6
5
-x
8
-20
2
1
15
-2
5
1
-2
27
*
-2
*
1
-
_
_
1
-1
-1
27
■X
20
*
■x
_
-
149
-32
185
35
62
32
-26
-23
-17
1
*
*
*
*
-*
-x
*
*
*
•X-12
-24
-5
13
-1
1
*
*
*
■x•X
*
-1
-1
-10
-10
-1
-22
_
8
-x
*
*
38
-X
1
1
7
*
-X
1
23
*
-1
■X
4
*
*
1
23
1
1
-2
55
*
36
*
-2
*
1
1
30
*
-42
*
1
*
-x
4
32
*
•X•X
-X
*
-X
1
•X*
1,451
604
679
724
257
148
170
73
53
23
International and regional:
International...............
European regional............
Asian regional..............
African regional..............
36
-
22
11
*
*
6
*
*
9
-
■X
7
_
*
2
-
-
40
*
1
6
-
53
1
-
-
-
-
-
*
-
-
*
*
•X-
*
Total international and regional
36
22
54
41
12
6
7
6
2
9
1,487
626
733
765
269
153
177
78
55
33
Total foreign countries........
Grand total...................
p
*
Preliminary.
Less than $500,000.
-
Treasury Bulletin
126
— --------------------------------------------------------------------- .CAPITAL M O V E M E N T S — _ _ _________________________________________
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
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
1972
Calendar year
Country
1969
1970
1971
1972
through
June p
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.........
1
42
4
10
1
59
-3
6
15
6
1
*
13
-26
*
-4
-1
-8
*
2
7
6
8
10
-22
x21
19
6
3
1
-1
43
•x
8
•x
-2
x-
1
-3
9
1
•x
-20
-x
10
11
2
x4
-1
36
*
-19
-5
*
•x
10
4
5
3
-13
*
15
7
3
1
7
1
33
•x
-19
Total Europe................
117
108
28
59
Canada.......................
-970
-699
-4C6
1
-14
3
-3
-29
-22
-2
2
2
*
-15
-5
1
3
12
-2
7
7
-4
-16
Latin America:
Argentina...................
Brazil............... .........
Chile......................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
-1
-2
-15
-3
-12
7
-2
2
1
53
-2
•x
-2
-24
x*
5
-17
-6
1
-1
Total Latin America..........
-69
10
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel.....................
Japan......................
Korea......................
Philippines.................
Taiwan......................
Thailand....................
Other Asia..................
■X
-
-
9
2
-6
-209
-6
-8
*
-1
-1
*
-138
-4
-1
-7
-1
-6
-36
2
2
-3
-161
15
-4
-1
-x
1
14
-195
-134
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic (Egypt)....
Other Africa................
*
*
*
-4
_
_
•x
■x
-2
-1
Total Africa................
-4
-2
2
Other countries:
Australia...................
All other...................
17
8
13
10
Total other countries.........
25
23
Total Asia..................
•x
•x
_
-461
*
•x
4
1
1
2
•X
*
•X
-1
*
•X
2
X
•X
•X
2
May p
June p
X-
X-
•X
■X
1
2
1
-1
-10
5
1
1
2
*
X-
*
1
-1
1
1
1
1
-1
X
X
X-
■X
6
1
1
*
1
1
1
-x
3
1
*
1
1
3
-7
-X
X
1
5
-1
13
*
X
X
X-
-X
X-
•X
3
-
*
12
5
-
*•
4
9
X
X-
■X
X
-
-
■x
_
-
-13
-
X
*
-
-15
14
5
34
17
4
-76
-78
8
-169
-151
5
2
*
1
X
*
*
•X
X
X-
*
1
-x
2
1
■X
1
*
_
X
X-
•X
■X
X
X
4
1
-
-x
_
-64
2
•x
1
4
2
-20
8
•x
■x
_
-22
•X
•X
-1
•X
•X
•X
-X
*
*
2
1
-1
2
-1
1
•X
■X
-62
-17
3
1
-34
X-
_
8
_
1
1
*
-20
4
_
-x
*
*
_
2
_
1
_
4
_
_
X
-X
-X
_
_
3
*
-x
•X
■X
•X
*
-1
*
-5
X-
-X
X
-5
4
X
X
■X
■X
X
-1
-13
*
-1
-14
-6
_
X
■X
X
'*
X
X
1
-6
-x
•X
-14
X-
_
-16
-6
_
_
*
-1
-26
-3
-X
-24
_
*
*
•X
X
1
X
2
X
-14
-10
-20
-17
-30
X
_
_
_
_
_
*
•X
2
*
-3
1
1
X
-1
-19
3
-7
-X
x•X
_
_
X_
_
-1
*
*
-1
X
3
-9
-8
-X
3
1
1
1
10
X
4
*
1
-x
•X
-7
X
-7
*
28
6
20
3
34
23
_
3
*
*
3
2
10
5
2
•X
_3n
-69
-82
-2
-189
-184
-249
2
5
X-
•X
1
•X
-574
-563
International and regional:
International...............
European regional............
Latin American regional.......
Asian regional...............
Total international and regional
54
6
6
66
-177
1
-80
-256
-277
x
16
-50
-237
1
6
-311
-229
-246
-13
15
-1,029
-951
-885
-792
-283
-82
-67
*
X
•X
-695
Preliminary.
Less than $500,000.
-37
1
*
*
_
-11
*
-x
-1,096
p
*
-
-
•X
Total foreign countries.........
Grand total...................
-X
•X
-
-16
-
Apr.
7
2
1
-1
*
■X
Mar.
5
2
-216
•X
Feb.
*
-3
-108
-9
-7
*
*
-x
3
-116
X-
Jan.
-13
15
*
■X
X
3
•x
1
_
4
1
1
-
X
*
*
6
3
5
4
-186
-179
-
127
August 1972
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)
1972
Calendar year
Country
1972
through
June p
1969
1970
1971
*
-19
x
x
-30
-4
-1
-9
48
x
x
x
x
1
x
-43
*
x
x
6
x
-2
-24
8
U.S.S.R......................
Other Eastern Europe..........
-1
-1
*
x
-8
20
x
7
63
x
x
x
x
37
*
-161
*
1
-
Total Europe.................
-44
-58
6
211
120
Europe:
Denmark......................
Germany......................
Italy.......................
Sweden......................
Turkey......................
United Kingdom...............
-158
X
2
70
x
x
-3
x
25
x
-75
*
x
x
Latin America:
Chile.......................
Other Latin American Republics...
Bahamas and Bermuda.........
Netherlands Antilles and Surinam.
1
15
*
*
-18
35
1
1
122
*
-k-*
Jan.
Feb.
Mar.
x
-10
1
3
x
x
17
x
*
x
9
x
4
x
-
x
3
*
x
-3
3
x
*
11
*
8
x
x
-12
8
*
X
32
*
Apr.
*
3
*
-1
10
*
*
May p
x
6
x
3
5
x
x
30
x
x
x
x
7
x
8
x
-
June p
*
3
*
-6
6
X:
18
*
*
X
X
5
*
-2
*
-
*
x
14
*
1
*
-
14
*
*
*
x
4
2
x
-
25
17
53
31
58
25
10
-29
.1.
4
X
26
6
*
*
_
*
-1
*
*
*
x
-3
1
_
*
*
x
_
*
x
_
*
*
*
*
-3
*
*
*
*
_
*
*
*
x
*
*
x
*
x
-1
X
*
*
-X
*
“
1
*
X
X
-2
-3
-
42
*
12
x
*
*
-8
x
x
*
-5
x
*
x
*
-2
-19
5
x
-1
-3
2
*
_
1
-6
*
x
-3
x
3
-13
*
1
-4
*
*
_
-6
1
x
x
x
-2
-9
-18
*
x
-1
*
*
-1
x
*
*
x
18
-2
-1
x
*
x
_
*
x
_
*
x
x
1
1
-
-29
-21
-38
13
2
-1
-x
x
-6
-125
*
-2
*
x
x
*
x
*
-16
-57
-1
_
*
x
21
*
*
-134
-73
X
X
X
X
*
*
4
“
1
*
~
*
4
*
*
•X
18
•X
-2
•X
1
-2
X
3
14
-1
-
-
1
X
*
x
-4
4
-X
-1
9
X
X
Asia:
-
Hong Kong....................
India.......................
Indonesia....................
Korea..............................................................................................
Thailand....................................................................................
8
*
*
-3
-301
*
16
x
x
2
-279
-
1
x
x
1
5
x
1
x
X
-3
5
-
-
x
x
x
x
1
x
*
*
-15
-
-
*
-2
-25
-
*
-
-
x
x
*
*
x
*
x
19
-15
-27
-
-
x
*
x
■x
X
X
-1
9
-X
•X
“
X
*
"
-8
-50
~
X
—
X
X
-58
Africa:
South Africa......................................................................
United Arab Republic (Egypt)...
x
*
-2
x
x
x
-2
*
-1
*
x
-2
x
*
-2
-3
-2
-1
-5
-6
-6
*
-3
x
-2
_2
-
X
-6
-3
-2
-517
33
-1
-
_
-
_
_
_
-
_
_
_
_
-
_
x
-1
*
X
-X
*
_
-
_
x
*
-5
*
■X
X
x
-1
-5
*
X
X
*
-
-1
*
x
*
-2
x
-1
*
*
*
-X
-49
153
17
1
22
34
2
1
-
-1
X
*
_
-
3
x
4
-
-
*
-
*
-
X
4
21
1
_
_
_
Other countries:
Total other countries.........
International and regional;
International...............
Asian regional..............
Total international and regional
p
*
Preliminary.
Less than $500,000.
-1
2
1
3
-517
35
-49
156
107
-1
*
*
20
34
107
X
_
X
-28
*
-28
Treasury Bulletin
128
.CAPITAL M OVEM ENTS.
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 June 1972 Prelim inary
______________________ (In millions of dollars)____
Gross purchases by foreigners
Country
Domestic securities
Marketable
Corporate and
Total
U.S. Govern other
purchases ment bonds
and notes
Bonds
Stocks
Europe:
Belgium-Luxembourg..............
Finland.......................
France........................
Greece........................
Netherlands............ .......
Spain.................... .....
Switzerland....................
Yugoslavia.... ................
Other Western Europe............
Other Eastern Europe............
Total Europe...................
Latin America:
Argentina...................
Brazil.......................
Chile.........................
Mexico.................. ......
Panama........................
Peru..........................
Uruguay.......................
Venezuela......................
Other Latin American Republics...
Bahamas and Bermuda.............
Netherlands Antilles and Surinam...
Other Latin America........... .
Total Latin America.............
Asia:
China Mainland.... .............
Hong Kong......................
India.........................
Indonesia......................
Israel........................
Japan.........................
Korea.........................
Philippines....................
Taiwan............... ........
Thailand......................
Other Asia.....................
Total Asia.....................
Bonds
Stocks
4
43
6
•X
134
70
3
16
63
2
5
4
2
326
*
163
*
3
_
-X
-x
6
1
1
5
4
■x
2
5
1
•x
1
1
19
14
■X
-
*■
4
*
7
7
•X
1
21
■X
■X
■X
•X
18
26
•X
■X
-
337
843
60
84
60
117
15
82
9
10
*
1
4
2
54
41
1
■X
•X
•X
-
■x
-X
■X
1
1
-X
■X
*
*•
3
1
-
2
*
■X
-X
_
7
9
•X
■X
3
1
42
36
•x
1
•x
*
•x
■X
1
X•X
■X
1
5
1
■X
•x
■X
_
-X
_
1
•X
■X
X
X•X
4
3
*
126
*
6
25
•x
-x
6
227
-x
2
*
■x
13
_
*
_
_
124
_
_
_
-
*
■X
*
3
*
47
-
1
14
1
-X
66
14
-x
12
6
6
-x
1
3
59
*•
155
■x
-
1,375
51
425
150
5
66
7
1
212
95
3
31
95
9
5
6
9
422
*
405
*•
3
*
3
•x
*
1
_
1
_
_
■X
8
_
-k_
_
2
Gross sales by foreigners
Domestic securities
Foreign securities
Total
sales
Foreign securities
Marketable
Corporate and
U.S. Govern other
ment bonds
and notes
Bonds
Stocks
Bonds
Stocks
X
5
•x
•X
4
5
2
2
■X
■X
•X
-X
16
21
•X
_
-
•X
1
13
1
■X
■X
3
*
*
•X
■X
14
25
*
_
-
■*
X
•x
•X
•X
71
■X
_
-
*
12
■X
5
12
-x
6
1
-X
•X
1
1
37
151
■x
-
2
49
1
-X
126
90
1
15
48
3
•x
4
4
300
*
165
-X
2
_
-
1,225
72
228
810
56
59
400
3
37
117
167
76
2
■X
X1
*
19
10
x1
4
1
69
69
5
•X
*
X•X
-x
•X
-
■x
■X
•X
■X
1
■X
■X
■X
•X
-X
2
3
-
2
■X
•X
1
_
7
9
X1
4
1
54
60
5
■X
■X
-x
11
■X
*•X
-X
10
1
-
*
•X
■X
•X
_
X■X
-X
*
-X
3
5
*
9
3
66
1
-x
148
109
2
23
54
4
1
4
6
368
-X
433
*
2
-
9
9
■X
7
143 ,
23
_
22
•X
*
2
30
•X
2
*
-X
10
_
1
_
_
3
3
_
*
X
*
1
_
1
•X
_
1
63
_
*
_
■X
1
_
20
•X
1
32
122
7
1
■x
■X
7
_
_
_
_
_
_
_
_
-
_
*•
_
_
•X
2
_
■X
_
■X
■X
_
19
X•X
2
7
*
1
■x
■X
5
_
1
_
1
22
■X
7
X_
_
-X
_
1
_
_
9
113
_
•X
_
•X
1
102
.. i?i_
. ..274,
124
10
66
8
66
192
-
3
34
32
123
Africa:
Congo (Kinshasa)................
Morocco........................
South Africa...................
United Arab Republic (Egypt).....
Other Africa...................
•X
XX
_
2
_
_
_
-
_
_
_
-
•X
■x
-x
_
■X
_
_
_
_
1
_
_
•X
_
•X
-X
*
1
X2
_
_
_
_
-
_
_
_
_
-
■X
*
•X
*
1
_
_
_
_
1
_
-x
Total Africa...................
2
-
-
1
1
*
2
-
_
1
1
*
Other countries:
Australia................ .....
All other................. .
1
*
-
X-
1
*
*
•*
-
X
*
_
■X
-
•X
*•
•X
■*
■X
_
274
1
1,106
279
3
Total other countries...........
2
-
-x
Total foreign countries...........
2,204
325
414
1
1,129
1
95
240
1
2,001
75
International and regional:
>
International..................
European regional...............
Latin American regional..... .
Asian regional.................
African regional...............
78
X
1
X
-
_
1
-
53
_
_
X-
17
_
_
_
_
8
XX
X_
_
_
_
•X
_
28
_
_
*
*
_
_
_
_
_
17
8
_
_
_
■x
Total international and regional...
79
1
53
17
8
X
29
-
17 :
2,283
326
467
1,147
103
240
2,030
75
Grand total.....................
*
Less than $500,000.
■X
291
X-
-
-X
“ 2 ^ ..
•X
8
3
_
1,114
282
268
August 1972
129
_______________________C A P IT A L M O V E M E N T S _______________________
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 o f Long-Term Securities,
by Type and Country, During Calendar Year 1971
(In millions of dollars)
Gross purchases by foreigners
Country
Domestic securities
Marketable
Corporate and
Total
U.S. Govern other
purchases ment bonds
and notes
Bonds
Stocks
Gross sales by foreigners
Domestic: securities
Foreign securities
Bonds
Stocks
Foreign securities
Marketable
Corporate and
U.S. Govern other
ment bonds
and notes
Bonds
Stocks
Total
sales
Bonds
Stocks
Europe:
64
_
x
2
142
2
2
57
98
1
46
32
21
x
6
34
450
x
865
4
_
1
30
740
7
x
1,044
839
8
172
737
21
8
51
19
3,005
1
1,397
x
19
_
2
' 432
1,764
95
547
31
3
12
10
x
117
91
3
10
52
25
962
574
4
_
*
Total Latin America.............
1,893
Asia:
China Mainland........ ....... .
Hong Kong............................. ..................................................
India.............................................................................................
Indones ia....... ..............
Israel............... ................................
Japan.........................
Korea.......................................................... ..................................
Philippines..........................................................................
Taiwan.......................
Thailand...... ................
Other Asia.....................
295
5
1
46
2,111
*
16
2
5
84
Belgium-Luxembourg............
Denmark... .............. .....
Germany......................
Greece............. .
Italy.........................
Netherlands............ ,.......
Portugal....... ........... *....
Switzerland......... ...........
Other Western Europe... ....... .
Other Eastern Europe............
Total Europe................. ..
Latin America:
Argentina.... .................
Brazil.................... .
Chile.................. ..... .
Colombia..... .................
Panama........................
Peru...........................
Uruguay......... ..... ........
Other Latin
Bahamas and
Netherlands
Other Latin
American Republics.....
Bermuda...... .......
Antilles and Surinam...
America..... ........
35
985
20
10
1,176
1,006
9
262
915
50
10
66
66
3,755
1
2,927
x
93
_
3
11,391
3,314
*
3
67
12
6
42
32
X
35
34
8
1
6
6
152
X
226
6
_
X
1
36
X
X
33
32
X
8
111
X
*
3
X
112
X
123
x
X
_
X
33
938
11
16
1,097
852
10
212
616
33
6
57
60
3,304
3
2,892
1
42
_
2
8,100
634
461
1,454
635
584
X
x
x
—
2
x
1
x
7
7
x
1
2
1
96
44
x
20
1
3
7
70
76
1
5
33
21
784
494
4
7
1
8
2
X
27
3
1
4
15
3
61
19
1
X
X
X
12
4
X
X
1
1
20
17
X
1
161
1,520
153
-
x
-
2
1
5
x
x
x
-
7
37
-
315
-
-
-
*
6
X
262
1
1
11
80
-
58
1,890
1
-
13
X
5
2
23
444
276
1,167
*
X
-
-
X
X
-
-
5
3
1
-
*
-
X
-
8
7
x
1 :
‘
*
5
X
X
X
1
257
3
-
X
3
11
-
X
-
-
3
1
X
X
X
15
4
2
106
24
335
291
410
-
X
_
X
1
1
5
X
3
-
X
X
86
4
1
-
X
1
X
Total Africa...................................................... ...............
27
1
1
13
10
2
Other countries:
Australia................................................................................
All other...... ........................................................
37
8
-
X
-
*
4
1
32
6
Total other countries..........................................
44
-
•X
5
38
1
*
1
35
1,546
1,382
16,992
118
1
21
_
_
3
_
Total foreign countries................................ ...
International and regional:
International. . . . ..... ............
European regional...............
Latin American regional.........
Asian regional.................
Total international and regional...
Grand total........ ............
Less than $500,000.
34
1
5
2
6
239
25
8
2
13
X
X
7
382
7
X
5
X
X
-
X
-
X
X
36
X
*
6
9
X
36
X
13
9
4
-
*
6
1
4
2
-
X
*
734
21
*
21
7
4
2
1,$50
10,857
2,119
1,432
4
413
36
_
-
19,234
2,276
2,495
11,536
791
2
31
128
452
89
1
-
851
2
8
50
-
395
2
5
50
824
138
452
90
141
3
912
8
413
36
452
3
20,059
2,414
2,947
11,626
1,687
1,385
17,904
742
2,263
10,$93
2,571
1,434
_
10
x
_
_
-
_
-
:
x
_
X
X
*
_
51
61
-
*
20
x
x9
*
16
X
X
X
212
3
1
11
32
x
8
2
6
61
2, 566
1
1
9
X
-
Total Asia...............................................................
Africa:
Congo (Kinshasa) . . . . . . . . . .......................
Morocco................ .......
South Africa..... ........ .....
United Arab Republic (Egypt).....
Other Africa............................................................. ...
1,748
96
75
47
75
X-
169
X
X
-
x
-
1,482
1
X
X
X
9
6
X
X
1
X
-
142
x
X
X
*
1
X
54
10
10
8
X
147
89
3
7
43
37
897
575
11
-
30
20
29
4
5
X
_
42
8
X
1
4
4
54
12
4
1
4
X
1
_
18
4
X
X
1
3
29
35
X
23
2
4
7
X
76
71
2
6
37
28
738
481
6
509
X
4
7
464
1,153
92
14
4
-
455
1,041
499
3,651
X
X
606
1,546
10,187
2
x
x
1,748
7,473
464
9
_
1
-
-
1
30
X
2
57
25
X
6
41
X
X
6
*
87
X
199
x
1
_
X
27
702
8
8
956
707
9
140
518
19
4
44
22
2,838
3
1,446
1
20
_
1
10
1
4
73
-
2
71
3
4
41
51
X
25
23
5
1
2
7
115
X
245
11
_
■X
4
135
X
X
42
63
X
41
33
7
1
5
27
253
X
538
x
2
_
X
233
25
6
260
527
9
16
2
6
82
;
X
1
2
X
6
X
X
*
1
-
3
-
X
_
-
_
3
_
-
Treasury Bulletin
130
________________________ CAPITAL M OVEM ENTS________________________
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)
1971
Calendar year
1972
Country
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.....................
O'1 ler Eastern Europe.........
1967
1968
2
6
*
*
15
11
■x
9
11
2
*
3
3
115
*
30
x2
1
14
1
x31
22
1
16
22
3
1
7
3
239
x67
-x
1
-
-
1969
1970
Mar.
1
17
1
-X
26
17
1
16
14
1
X6
1
100
*
40
*
1
1
27
1
X31
29
1
24
15
2
1
9
3
134
-X
64
•X
1
-
-
June
Sept.
*
16
XX19
19
*
17
11
1
*
7
1
91
■X
44
*
1
Dec.
*
]\fer. p
1
16
1
*
19
22
*
8
16
2
3
5
1
82
*
■x
•x
2
19
x■x
18
14
x8
12
1
*
3
1
153
X61
■X
1
*
*
*
X-
1
19
1
-x
28
24
•X
19
12
2
X10
2
114
X60
-X
1
XX-
X-
1
73
*
^3
*
l
_
*
local Europe................
210
430
294
243
342
292
229
193
*
1
_
*
226
-
Ik
*
*
19
15
*
10
10
l'
*
k
k9
Canada.......................
50
87
52
36
52
36
27
56
38
Latin America:
Argentina...................
Brazil......................
Chile.......................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
1
1
1
*
x5
2
1
2
4
1
11
4
■x
2
1
1
1
-x
6
6
1
2
7
2
34
20
x-
1
X*
xX
3
3
1
1
5
1
34
14
X-
1
*
*
-x
*
3
3
X1
5
1
15
11
-X
1
X
X*
X5
6
X1
8
1
26
14
*
2
*
-x
-X
*
5
4
X1
5
1
15
15
*
4
xXX*
5
3
X1
3
1
13
14
*-
1
1
*
*
*
1
*
*
*
*
k
2
k
k
*
1
2
3
19
10
*
*
.1
3
1
11
8
*
Total Latin America..........
34
82
64
40
64
48
45
^3
3^
6
x*
*
2
*
1
xx6
■x
12
*
*
1
2
*
11
-x
*
7
22
xX1
5
X3
-X
■X
8
_
21
X*
1
1
*
2
XX5
_
9
*
*
1
1
*
l
*
*
k
_
18
*
*
l
1
*
1
*
*
3
Total Asia..................
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic (Egypt)....
Other Africa................
15
34
*
10
*
*
xXX3
X■X
7
21
39
31
17
2k
-x
*
X
X-
*
1
X-
X-
X-
X
X*
X
X-
1
1
X-
X-
X-
X
X-
■X
1
*
x1
x1
1
1
1
1
1
Total Africa.................
1
2
1
2
3
3
1
*
*
*
*
1
1
*
*
*
*
1
1
■X
1
■x
1
*
1
x-
1
1
*
•X
X
1
*
1
*
1
*
Total other countries.........
*
1
1
1
1
1
1
1
1
Total foreign countries.........
311
636
434
349
511
419
333
311
325
International and regional......
-
-
-
-
-
-
-
-
-
Grand total...................
311
636
434
349
511
419
333
311
325
Asia:
t
China Mainland...............
Hong Kong...................
India.......................
Indonesia...................
Israel......................
Japan......................
Korea.............. ........
Philippines.................
Taiwan......................
Thailand....................
Other Asia..................
Other countries:
Australia...................
All other...................
XX-
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
-
19
X•x
*
1
X2
*
X5
27
p
*
32
X•X
1
2
X3
X*
10
48
carried by foreigners,
Preliminary.
Less than $500,000.
August 1912
131
_________________________ CAPITAL M O VE M E N TS_________________________
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)
Calendar year
1971
1972
Country
1967
1968
1969
1970
Mar.
June
x
2
1
x
10
13
1
9
5
x
x
3
2
74
*
23
2
_
x
x
15
x
*
22
20
1
13
12
1
x
5
1
106
*
41
1
_
*
x
5
1
x
12
14
*
9
12
1
x
2
1
50
x
37
x
1
-
x
9
x
X
16
20
1
12
8
1
x
3
1
X
7
X
X
16
26
1
18
7
X
X
5
1
32
X
34
X
1
X
X
13
X
X
12
30
1
19
11
X
X
6
1
33
X
29
X
1
_
X
*
6
*
*
18
23
1
9
12
*
*
5
1
x
44
*
1
*
*
x
8
*
*
13
22
1
18
9
1
x
7
1
42
x
33
x
1
_
x
*
37
*
1
*
1
12
20
1
1
5
1
87
*
35
2
*
Total Europe................
146
239
146
155r
155
148
159
155
212
Canada.......................
Latin America:
Argentina...................
Brazil......................
Chile.......................
Colombia....................
Cuba.......................
Mexico......................
Panama................. .
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics.,
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
71
141
61
49
57
41
42
5k
52
3
1
x
x
*
6
5
x
1
3
1
15
4
x
3
*
1
x
x
5
4
1
3
2
*
38
18
x
3
x
1
x
*
3
4
x
1
3
1
24
6
*
2
1
x
x
X
3
4
x
x
4
1
21
5
x
2
1
x
1
X
4
5
X
X
4
1
21
8
X
2
1
X
1
X
5
7
X
X
6
1
20
7
X
5
1
X
X
X
6
6
X
X
7
1
16
13
X
1
*
*
*
*
5
Total Latin America..........
40
77
45
41
48
51
56
19
x
x
1
1
*
1
x
x
17
18
x
x
*
1
*
10
x
*
18
12
*
x
1
*
*
2
*
2
7
23
x
x
2
1
x
1
x
x
6
33
X
X
1
1
X
1
X
1
12
40
X
X
1
4
X
2
X
X
8
40
49
24
35
50
57
45
X
X
1
3
X
1
1
X
9
61
x
x
*
x
*
*
1
x
x
x
x
1
*
*
*
*
x
x
1
X
X
2
X
1
X
X
1
X
1
2
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.........
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel......................
Japan......................
Korea......................
Philippines.................
Taiwan......................
Thailand.............. ......
Other Asia..................
Total Asia..................
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic (Egypt)....
Other Africa................
Total Africa................
38r
Sept.
Dec.
k2
Mar. p
*
10
*
*
15
2k
*
1
*
*
1
*
7
5
*
*
5
1
18
11
*
52
50
-
k
*
*
If
1
21
Ik
k
52
*
X
2
2
*
1
*
1
5
53
63
X
X
1
X
1
2
*
*
*
X
*
1
*
*
1
*
1
1
ko
*
*
3
1+
*
1
*
*
1
2
1
1
3
Other countries:
Australia...................
All other...................
x
x
1
x
x
x
1
X
*
*
1
*
*
1
1
X
*
X
1
X
Total other countries.........
*
*
x
1
1
1
1
Total foreign countries.........
298
314
300
320
31^
379
-
-
-
-
-
314
300
320
31^
379
International and regional......
Grand total....................
Note:
508
278
-
-
-
298
508
278
28lr
28lr
Data represent the money debit balances (due from foreigners),
as appearing on the books of reporting brokers and dealers in
p
their accounts carried by foreigners,
Preliminary.
the United States, m accounts of foreigners with them, and in
*
Less than $500,000.
r
Revised.
Treasury Bulletin
132
■FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND w nann
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
Fiscal year
or month
Sales
1963.........
1964.........
1965.........
1966.........
1967.........
1968.........
1969.........
1970.........
1971.........
1972.........
Repur
chases
_
-
1,275
1,150
936
696
954
1,070
1,337
2,115
2,548
3,049
92
213
428
842
305
770
-
Sales
336
436
124
63
153
91
379
406
269
248
88
23
61
July....
Aug.....
Sept....
Oct.....
Nov.....
Dec.......
317
255
368
150
268
109
31
138
55
83
34
60
11
84
13
1
49
32
1972-Jan.....
Feb.....
Mar.....
Apr.....
May.....
June....
523
234
109
490
159
67
110
68
95
28
24
44
29
12
1971-June....
-
16
Repur
chases
-
261
4
187
2
_
24
-
_
15
75
57
6
*
10
Farmers Home
Administration
Sales
y
133
119
157
391
729
974
959
1,668
2,005
2,435
Repur
chases
-
50
174
405
569
287
563
27
21
306
171
352
136
92
63
30
137
29
81
33
43
523
45
97
475
124
51
34
66
36
20
23
32
1/ The secondary market operations of Federal National Mortgage Associ
ation were converted to private ownership effective Sept. 30, 1968,
pursuant to P.L. 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
through Sept. 30, 1968 $296 million.
Government
National Mortgage
Association 1/
Sales
307
-144
264
6
_
_
_
_
_
_
1
-
Repur
chases
-
_
_
_
_
_
_
_
_
-
Office of Secretary
2/
Sales
34
104
33
11
_
_
_
_
_
-
Repur
chases
_
_
_
_
-
_
_
_
-
Small Business
Adminis tration
Veterans
Administration
Repur
chases
Sales
Repur
chases
5
5
31
120
2
-*
•*
_
30
-
_
_
_
2
15
6
-*
2
1
460
342
327
105
71
2
*
38
244
368
_
_
_
41
24
17
12
12
19
_
_
_
Sales
_
_
_
_
_
-
_
_
_
_
_
_
_
-
_
_
_
_
_
_
_
-
_
_
1
•X
*
_
_
_
_
-
_
3
14
127
14
*
160
*
15
35
-
-
-
-
-
_
1
1
2
2
1
2
1
2
2
2
1
2
2/ Includes college housing, elderly housing, and public facility loans.
J/ Sales by,fiscal years 1963-1966 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.
August 1972
133
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section IV - Trust Funds
Table GA-IV-1. - Civil Service Retirem ent and Disability Fund
(In millions of dollars)
Receipts
Fiscal year
or month
Donations, ser
vice credit pay
ments, and other
misc. receipts
Interest and
profits on
investments
Total
Agencies'
contribut ions
1921-62.......................
1963..........................
1964..........................
1965..........................
1966..........................
1967..........................
1968..........................
1969..........................
1970..........................
1971..........................
1972p.........................
21,838
2,247
2,456
2,664
2,823
3,094
3,434
3,753
4,683
5,816
6,735
3,777
921
980
1,050
1,097
1,191
1,318
1,414
1,721
1,890
2,038
10,098
921
980
1,050
1,097
1,191
1,318
1,414
1,721
1,890
2,038
4,233
30
62
65
67
73
71
72
231
773
1,161
87
13
14
16
16
15
18
17
19
30
33
3,645
362
420
482
546
625
709
834
990
1,233
1,464
1973 (Est.)........ ............
7,226
2,020
2,020
1,524
31
1,631
1971-July......................
Aug......................
Sept.....................
Oct......................
Nov......................
Dec......................
751
387
337
317
388
943
355
380
413
338
406
1,720
153
168
166
157
179
156
153
168
166
157
179
156
3
3
2
2
2
2
5
48
3
2
28
629
174
164
264
I64
183
169
174
164
204
164
183
169
437
-1
-
2
2
3
4
4
3
5
50
1
6
36
652
1972-Jan......................
Feb......................
Mar......................
Apr......................
May......................
June p ....................
Employees'
contributions
Federal
contributions
_
_
725
Assets, end of period
Fiscal year
or month
Total expenditures
other than
investments
Net increase, or
decrease (-), in
assets
Total
Investments
Unexpended balance
1921-62......................
1963.........................
1964.........................
1965.........................
1966.........................
1967.........................
1968.........................
1969.........................
1970.........................
1971.........................
1972p......................
1973 (Est.)...................
9,662
1,176
1,318
1,438
1,686
1,965
2,139
2,406
2,752
3,234
3,774
12,177
1,071
1,138
1,226
1,137
1,129
1,296
1,347
1,931
2,581
2,961
12,177
13,248
14,386
15,612
16,749
17,878
19,173
20,521
22,452
25,033
27,995
12,081
13,155
14,279
15,492
16,603
17,722
19,001
20,321
22, 047
24,727
27,668
96
93
106
120
146
157
172
199
405
306
326
4,139
3,087
30,962
30,615
347
1971-July.....................
Aug.....................
Sept.....................
Oct.....................
Nov... ..................
Dec._....................
1972-Jan.....................
Feb.....................
Mar.....................
Apr.....................
May............ .........
June p ...................
305
306
315
307
315
303
310
312
319
320
332
331
446
82
22
10
74
640
25,479
25,561
25,582
25,592
25,666
26,306
25,178
25,240
25,276
25,274
25,367
25,998
44
69
94
18
74
1,389
26,351
26,419
26,514
26,532
26,606
27,995
26,035
26,089
26,156
26,158
26,279
27,668
301
321
307
318
299
308
316
331
357
374
327
326
Source: See Table FFG-1.
p Preliminary
Treasury Bulletin
134
itttjamptat.
OPERATIONS OF GOVERNMENT AGENCIES AND cttutvc
S e ctio n IV - T ru st F unds
T ab le GA-IV-2. - F e d e ra l O ld-Age and S u rv iv o rs In su ra n ce T ru st Fund ^
(In millions of dollars)
Receipts
1937-62.....................
1966.......................
1968.......................
1969.......................
1970.......................
1971.......................
1972p......................
1973 (Est.).................
1971-july...................
Oct....................
1972-Jan....................
Feb
..............
Deposits by Net earnings
States i j
' on investments
Total 2/
Appropriations
1/
103,225
13,856
16,043
16,417
18,461
23,371
23,64^.
27,348
31,746
33,982
37,913
41,119
92,081
12,351
14,335
14,572
16,474
20,732
20,627
23,693
27,196
28,849
32,114
35,073
3,959
990
1,167
1,258
1,392
1,835
2,036
2,260
2,758
3,066
3,59?
3,864
7,129
512
539
583
588
725
900
1,013
1,349
1,618
1,718
2,374
3,954
2,616
2,087
2,655
3,002
2,362
2,801
2,663
2,046
1,855
1,826
2
1,110
-58
7
767
-30
11
43
11
34
33
718
2,515
3,919
2,926
4,024
4,392
3,448
2,504
3,130
3,045
3,976
3,042
2,864
1
750
-127
14
1 ,316
-158
0H 0-si-
Fiscal year
or month
Expenditures other than investments
1,707
8
34
35
742
Benefit
payments
83,562
14,531
15,284
15,965
18,770
19,729 7/
21,624 7/
24,690
27,320
32,268
35,,#49
40,631
79,981
13,846
14,578
15,229
18,072
18,887
20,737
23,732
26,266
31,10 1
34*54-0
39,249
1,417
423
403
436
444
508
438
491
579
613
724
767
2,823
2,855
2,850
2,918
2,895
2,889
2,806
2,813
2,829
2,857
2,867
2,849
-
3,002
2,965
2,955
2,986
2,967
3,744
2,885
2,906
2,935
2.925
2.925
2,943
~
Expenditures other than investments - (Cont.)
Fiscal year
or month
Administrative expenses
Construc Reimbursement
Reimbursement to or
Bureau of
tion 8/
to general
0ASI 10/ from (-), FDI, FHI,
fund 9/
and FSMI Trust Funds
Payments to Rail
road Retirement
Accounts 6/
Total 5/
-
.724
Assets, end of period
Net increase,
or decrease
(-), in
assets
Total
Investments
Unexpended
balance
i/
1937-62.....................
1963.......................
1964.......................
1965.......................
1966’.......................
1967.......................
1968.......................
1969.......................
1970.......................
1971.......................
1972p......................
31
2
3
*
2
1
3
7
1
2
7
632
48
52
52
50
57
60
59
73
72
78
1,648
275
312
323
443
290
354
403
412
478
504
-149
-63
-64
-75
-241
-14
32
-4
-13
*
-7
19,662
-675
759
451
-309
3,643
2,017
2,657
4,426
1,714
2,064
19,662
18,987
19,746
20,198
19,889
23,531
25,548
28,205
32,631
34,345
36,410
18,456
17,633
18,325
18,783
17,925
21,780
23,250
26,235
30,121
31,375
33,203
1,206
1,354
1,421
1,415
1,964
1,751
2,298
1,971
2,509
2,970
3,207
1973 (Est.).................
9
77
526
-
488
35,737
32,341
3,395
1971-July...................
Aug....................
Sept...................
Oct....................
Nov....................
Dec....................
*
1
*
-*
*
1
6
6
7
5
6
6
-448
1,099
-234
-831
-240
113
33,897
34,996
34,762
33,931
33,690
33,803
30,733
31,923
31,584
30,717
30,670
30,701
3,164
3,073
3,179
3,214
3,020
3,103
1972-Jan....................
Feb....................
Mar....................
Apr....................
May....................
June p.................
2
1
*
1
*
2
8
7
7
7
1
13
-487
954
-29
1,038
1,426
-296
33,317
34,271
34,242
35,280
36,706
36,410
30,241
31,274
31,266
31,798
33,411
33,203
3,075
2,997
2,976
3,482
3,295
3,207
10
35
12
58
22
41
107
51
12
54
40
62
Source:
See Table FFU-i.
1/ Includes transactions under the predecessor Old-Age Reserve Account.
2/ Total includes':
$15 million transferred from general fund for
administrative and other costs of benefits payable to survivors of
certain World War II Veterans (60 Stat. 979 and 64 Stat. 512); $35
million (1937-59), paid from the Railroad Retirement Account; begin
ning November 1951, small amounts in the nature of recoveries from
expenditures incidental to the operations; beginning 1958, interest
payments from Federal Disability Insurance Trust Fund and sale of
waste paper; $78 million for each FY 1967 and 1968, $156 million FY
1969, $78 million for each FY 1970 and FY 1971, and $137 million
FY 1972 for military service credits; and $226 million for FY 1969,
$364 million FY 1970, $371 million FY 1971, and $351 million FY 1972
for benefits for the aged. Estimates include $138 million for military
service credits, and $337 million for special benefits for the aged.
2/ Includes unappropriated receipts from January 1962 to June 1965.
i j To cover employees of States and their political subdivisions, under
the Social Security Act Amendments of 1950 (42 U.S.C. 418).
-
-
-7
-
5/ Includes payments for vocational rehabilitation services to Federal
Disability Insurance Trust Fund and Social Rehabilitation Service.
See Table GA-IV-6, footnote 3.
Excludes transactions for investments in non-Federal securities.
Construction and equipment of office buildings for the Bureau
(Public Law 170, approved July 31, 1953 (67 Stat. 254)). , „
Under the social security Act, as amended (42 U.S.C. 4-01 (g) (l)), for
administration of Titles II and VII of that act and related parts of
the Internal Revenue Code (26 U.S.C. 480-482, 1400-1432). See also
footnote 10.
10/ Salaries and expenses of the Bureau of Old-Age and Survivors Insurance
are paid directly from the trust fund beginning 1947, under provisions
of annual appropriation acts until passage of the Social Security Act
Amendments of 1956 (42 U.S.C. 401 (g)(1)), previously these expenses
were included in reimbursements to the general fund. Beginning
July 1966 payments of salaries and expenses for the Social Security
Administration are charged directly to each trust fund.
* Less than $500,000.
p Preliminary.
6/
7/
8/
.
9/
August 1972
135
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS,
S ection IV - T ru s t Funds
T a b le G A -IV -3. - F ederal D is a b ility In su ra n ce T r u s t Fund
(In millions of dollars)
Receipts
Fiscal year
or month
Appro
priations
2/
Total
1/
1957-62......
1963.........
1964.........
1965.........
1966.........
1967.........
1968.........
1969.........
1970.........
1971.........
1972p........
5,447 7/
1,145
1,211
1,241
1,616
2,332
2,800
3,705
4,380
4,910
5,291
4,860
994
1,057
1,082
1,442
2,066
2,496
3,195
3,770
4,124
4,363
1973 (Est.)__
5,123
1971-July....
Aug.....
Sept....
Oct.....
Nov.....
Dec.....
325
502
401
280
327
471
347
457
473
547
500
661
1972-Jan.....
Feb.....
Mar.....
Apr.....
May.....
June p....
Expenditures other than investments
Administrative:
Reimbursement to
Interest
and pro
fits on
invest
ments
Depos
its by
States
2/
Payments
Benefit to
Railroad
pay
SSA
General
Retirement
ments
Trust
Accounts 5/ Funds
6/ fund
Total
4/
330
82
86
93
114
183
203
337
371
446
490
230
70
68
65
60
66
84
141
223
325
338
2,939
1,259
1,339
1,498
1,937
1,997 8/
2,237 8/
2,613
2,954
3,606
4,309
2,750
1,171
1,249
1,392
1,721
1,861
2,088
2,443
2,778
3,381
4,046
16
20
19
24
25
31
20
21
10
13
24
4,209
463
400
4,883
4,585
25
323
382
370
278
252
220
1
114
29
1
72
25
2
22
63
*
81
78
1
7
1
2
3
175
1
7
1
4
3
183
338
342
343
349
344
354
355
362
374
381
371
398
319
325
326
328
326
337
335
340
351
352
351
357
■
343
428
409
543
416
400
Source: See Table FFO-1.
1/ Includes payments for military service credits as follows: $16 million
FY 1967, FY 1968, $32 million FY 1969, $16 million for each FY 1970,
1971, and $50 million FY 1972. The estimate for FY 1972 is $51 million.
2/ Includes unappropriated receipts from January 1962 to June 1965.
2/ To cover employees of States and their political subdivisions under the
Social Security Act (42 U.S.C. 418).
i j Includes payments for Vocational Rehabilitation Services beginning FY
1966 and construction and equipment of buildings beginning FY 1967.
Estimates include $2 million for construction of buildings and $54
18
4
4
4
5
5
6
8
9
10
12
153
65
66
78
184
93
105
124
138
179
197
2: 7
16
15
16
17
13
16
15
19
19
25
16
10
_
24
1
1
1
1
1
1
1
1
1
1
*
2
Net
in
crease,
or de
crease
(-), in
assets
Assets, end of period
Total
Invest
ments
Un
expended
balance
2/
'2,508
-114
-128
-257
-321
335
564
1,092
1,426
1,305
982
2,508
2,394
2,266
2,009
1,688
2,024
2,587
3,679
5,105
6,410
7,392
2,406
2,278
2,141
1,878
1,465
1,835
2,351
3,492
4,835
6,078
7,012
102
116
125
131
224
189
236
187
270
332
380
240
7,286
6,879
407
-13
160
58
-69
-16
117
-8
96
99
166
130
263
6,397
6,557
6,615
6,546
6,530
6,646
6,638
6,734
6,833
6,999
7,129
7,392
6,051
6,231
6,250
6,169
6,181
6,311
6,260
6,376
6,488
6,568
6,722
7,012
346
326
365
377
348
336
378
358
345
431
407
380
million for vocational rehabilitation service.
5/ See Table GA-IV-6, footnote 3.
6/ For appropriate share of administrative expenses, including interest,
paid from the trust fund during the preceding fiscal year as determined
by the Secretary of Health, Education, and Welfare (42 U.S.C. 401 (g)
(l)). Beginning July 1966 monthly reimbursements are paid to the Social
Security Administration to cover salaries and expenses instead of the
semi-annual reimbursement to FOASI.
7/ Includes $27 million paid from Railroad Retirement Accounts in FY I960.
8/ Excludes transactions for investments in non-Federal securities.
T a ble G A -IV -4. - Federal H osp ital In s u ra n ce T ru st Fund
(in millions of dollars)
Receipts
Fiscal year
or month
196 6
.
196 7
.
196 8
.
196 9
.
197 0
197 1
1972p....
1973 (Est.).
1971-July..
Aug...
Sept..
Oct...
Nov...
Dec...
1972-Ja___ n
Feb__
Mar...
Apr...
May...
June p
Total 1/
Appro
priations
916
3,089
3,902
5,344
5,614
6,018
6,032
12,226
347
601
420
302
353
873
862
2,483
3,235
3,997
4,340
4,412
4,692
10,121
345
409
388
299
272
207
383
500
537
564
540
611
379
473
468
559
451
444
Federal
payment
2/
338
284
771
628
874
551
516
551
Expenditures other than Investments
Deposits
by
States
47
206
279
426
445
486
534
1,089
125
32
1
79
28
3
24
69
-*
89
85
Interest
and pro
fits on
invest
ments
7
46
60
96
137
180
188
407
2
1
1
2
2
87
2
3
1
5
1
82
Source: See Table FF0-1.
1/ Includes nominal amounts of other receipts. Includes receipts and
interest from Railroad Retirement Accouht - net settlement of $16 mil
lion FY 1967, $44 million _FY 1968, .$54 million FY 1969, $64 million FY
1970, $66 million FY 1971, and $66 million FY 1972. The estimate for
FY 1973 is $92 million.
2/ Represents payments for military service credits of $11 million for each
FY 1967 and 1968, $22 million FY 1969, $11 million for each FY 1970,
1971, and $48 million FY 1972; and payment for transitional coverage fo
Total
64
2, 597 2/
3,815 2/
4,758
4,953
5,592
6,276
7,577 4/
491
474
484
489
523
503
475
577
598
507
532
621
Adminis Contruc
Benefit trative
payments expenses tion
_
2,508
3,736
4,654
4,804
5,443
6,109
7,380
477
461
471
474
512
496
461
558
581
487
519
613
64
89
79
104
148
149
165
193
13
13
13
15
11
7
15
19
17
20
13
9
_
-
1
*
1
1
_
-
*
*
*
*
_
-
•*
*
*
Net
in
crease,
or de
crease
(-), in
assets
Assets . end of period
Total
851
492
87
586
661
426
-244
851
1,343
1,431
2,017
2,677
3,103
2,859
4,649
-144
126
-64
-187
-170
370
9,189
2,959
3,086
3,022
2,835
2,665
3,034
2,942
2,866
2,805
2,861
2,869
2,859
-92
-77
-61
57
8
-11
Invest
ments
Un
expended
balance
786
1,298
1,370
2,001
2,653
3,030
2,884
9,095
2,899
3,025
2,970
2,789
2,685
2,997
94
61
61
51
46
-20
37
2,879
2,912
2,853
2,688
2,759
2,884
63
—4-6
-48
173
no
-25
65
45
60
15
24
73
-25
the uninsured of $327 million FY 1967, $273 million FY 1968, $749
million FY 1969, $617 million FY 1970, $863 million FY 1971, and $503
million FY 1972. Estimates include $468 million for transitional
coverage and $48 million for military service credits.
2/ Excludes transactions for investment in non-Federal securities.
4 / Includes $4 million for incentive reimbursement experimentation for
FY 1973.
*
Less than $500,000.
p
Prelimihary.
Treasury Bulletin
136
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND
sttmtyq
S ection IV - T r u s t Funds
T a b le G A -IV -5. - Federal S u p p lem en ta ry M e d ica l In su ra n ce T r u st Fund
(In millions of dollars)
Receipts
Fiscal year
or month
Total 1/ Premiums
Expenditures other than investments
Federal
contri
butions
Interest
and pro
fits on
invest
ments
Total
Benefit
payments
1967................
1968................
1969................
1970................
1971................
1972p...............
1,285
1,353
1,911
1,876
2,516
2,734
647
698
903
936
1,253
1,339
623
634
984
928
1,245
1,365
15
20
23
12
17
29
799
1,532
1,840
2,196
2,283
2,544
664
1,390
1,645
1,979
2,035
2,255
134
143
195
216
247
287
1973 (Est.)..........
3,121
1,477
1,609
35
2,859 2/
2,501
355
1971-July............
Aug.............
Sept............
Oct.............
Nov.............
223
225
214
227
219
264
234
221
232
225
227
222
112
111
110
112
106
117
111
114
104
114
112
136
115
108
117
111
112
107
119
111
114
112
115
104
*•
1
1
1
1
10
•*
1
1
2
1
11
194
205
191
205
219
199
205
254
233
213
205
221
170
182
170
181
200
I84
184
213
204
177
175
216
24
23
21
24
19
15
22
41
29
36
29
4
1972-Jan............ .
Feb............ .
Mar............ .
Apr............
May............
June p.........
Source: See Table FFO-1.
1/ Includes nominal amounts of other receipts.
Assets, end of period
Net
increase
Adminis
or de
Construc
crease ’
trative tion
expenses
(-), in
assets
_
Invest
ments
Total
Un
expended
balance
1
*
1
486
-179
71
-321
233
190
486
307
378
57
290
480
479
281
358
13
257
478
7
25
20
44
33
2
1
262
767
717
50
320
340
363
385
384
450
276
330
336
373
409
407
445
446
423
412
431
478
44
10
27
12
-25
43
34
-1
22
44
48
2
-
.
30
20
23
22
*•
65
-
■*
*
*
*
_
29
-34
-1
12
22
1
-
-*
-*
■*
479
445
444
456
479
480
2/ Includes $2 million for incentive reimbursement experimentation.
* Less than $500,000. p
Preliminary.
T a b le G A -IV -6. - R a ilroa d R e tire m e n t A ccou n ts
(In millions of dollars)
Receipts
Fiscal year
or month
Interest
and pro
fits on
invest
ments
Expenditures other than investments
From F0ASI
and FDI
trust
funds 2/
From
Unemploy
ment
Trust
Fund i j
Total
1/
Appro
priations
2/
1936-62......
1963........
1964.........
1965....... ;
1966.........
1967........
1968.........
1969........
1970.........
1971.........
1972p........
14,330
1,128
1,192
1,342
1,411
1,611
1,560
1,686
1,823
1,962
2,097
11,296
572
593
636
683
793
814
885
919
980
1,008
1,445
105
130
143
150
163
178
192
212
247
258
1,434
442
422
459
469
539
458
513
589
626
749
156
9
47
90
92
100
92
78
84
87
62
1973 (Est.)__
2,241
1,083
282
792
63
2
14
1
2
7
106
2
13
1
3
8
100
_
_
1971-July....
Aug.....
Sept....
Oct.....
Nov.....
Dec.....
1972-Jan.....
Feb.....
Mar.....
Apr.....
May.....
June p....
18
139
98
13
167
199
8
178
112
8
186
972
16
104
87
10
160
83
6
165
97
6
178
96
-
-
-
10
-
-
-
-
-
749
Total
Invest
ments
Un
expended
balance
2/
3,789
16
54
157
165
296
125
92
170
-6
-102
3,788
3,805
3,859
4,016
4,181
4,477
4,601
4,692
4,863
Z.,857
4,755
3,697
3,697
3,766
3,916
4,070
4,357
4,427
4,498
4,724
4,695
4,585
91
108
93
100
112
120
174
194
138
162
170
19
105
4,911
4,739
171
2
1
2
1
2
2
1
1
2
2
2
2
-146
-29
-145
-169
-18
53
-172
-3
-63
-171
-4
798
4,710
4,681
4,536
4,366
4,348
4,372
4,199
4,196
4,133
3,962
3,958
4,755
4,553
4,436
4,368
4,197
4,180
4,204
4,033
4,023
3,965
3,805
3,790
4,585
157
245
168
170
168
168
166
173
168
157
168
170
Total
5/
Benefit
payments
10,541
1 ,112
1,139
1,185
1,246
1,315
1,436
1,595
1,653
1,968
2,199
2,136
9,968
1,064
1,092
1,116
1,194
1,257
1,388
1,533
1,586
1,889
2,107
418
38
35
58
41
29
35
47
45
51
60
94
10
11
10
12
13
14
15
16
19
20
2,069
38
I64
168
243
182
I84
176
181
181
175
179
190
174
157
158
242
171
173
174
171
172
174
173
172
172
5
9
10
10
8
8
-
10
-
14
-
27
1/ Includes payment for military service credits beginning fiscal 1965.
2/ Includes the Government's contribution for creditable military service
(4-5 U.S.C. 228c-l (n)) through fiscal 1964 and unappropriated transfers
of tax receipts and beginning FY 1968 includes transfers of receipts to
Federal Hospital Insurance trust fund of $44 million FY 1968, $54 mil
lion FY 1969, $61 million "FY 1970, $63 million FY 1971, and $64 million
FY 1972.
3/ Payments are made between the Railroad Retirement Account and Federal
old-age and survivors and Federal disability so as to place those funds
in the position in which they would have been if railroad employment
after 1936 had been included in social security coverage (45 U.S.C. 228e
Assets, end of period
Net
increase,
To
Adminis
or
de
Unemploy
crease
trative
ment
expenses (-), in
Trust
assets
6/
Fund i j
-
5
4
(K)).
See Tables GA-IV-2 and GA-IV-3.
See Table GA-IV-7. Receipts include repayment and interest.
Includes $62 million (1936-60), paid to Federal old-age and survivors
and disability insurance trust funds and $16 million FY 1967 to Federal
Hospital Insurance Trust Fund; beginning FY 1968 excludes transactions
for investments in non-Federal securities; and includes payments to
Railroad Unemployment Trust Fund of $5 million FY 1970, $10 million FY
1971 and $12 million FY 1972. Estimate is $10 million for FY 1973.
6/ Paid from the trust fund beginning 1950 (63 Stat. 297).
Includes unappropriated receipts.
U
Preliminary.
P
August 1912
.
237
.
.. FINANCIAL OPERATION S OF GOVERNMENT AGENCIES AND FUNDS
S e c tio n IV - T ru st Funds
T a b le GA-IV-7. - U n em p loym en t T ru st Fund
________________________________________________________ (In millions of dollars)
Receipts
Employment security program
State
accounts
1/
Fiscal year
or month
Employment Security
Admini stration
Account 2/
Appro
priations
Federal
Un
employ
ment
Account
Board
4/
Advances
from
general
fund
Federal
Extended
Compen
sation
Account
5/
2/
1936-62..........
1963.............
1964.....................................................
1965.............
1966.............
1967.............
1968.............
1969............. <
1970.............
1971.............
1972p............
41,708
4,261
4,288
4,132
4,126
4,072
3,822
3,899
4,119
4,371
5,496
10/
797
945
847
615
561
597
601
633
770
964
1,011
86
-82
-4
12/
12/
12/
33,578
3,009
3,042
3,052
3,067
2,917
2,605
2,561
2,564
2,582
3,225
1973 (Est.).......
5,824 12/
3,600
1,287
1971-July.........
Aug.........
Sept.........
Oct.........
Nov.........
Dec.........
214
695
65
142
466
302
165
508
312
521
1,816 12/
290
155
562
32
88
355
25
49
92
4
27
62
5
98
283
8
103
296
-17
1972-Jan.........
Feb.........
Mar.........
Apr.........
May.........
June p.......
54
255
41
239
1,332
86
Adminis
tration
fund 9/
Railroad Unemployment
Insurance Account 6/
Total
Deposits
"by
States
Railroad unemployment insurance
339
831 11/
2 11/
*
_
_
_
_
_
Deposits
“by
Railroad
Retire
ment
accounts
7/
-
*
-
-
-
_
_
-
_
_
_
_
_
-
_
573
1,819
150
144
143
139
137
131
126
123
119
112
-
-
120
122
_
_
_
_
_
_
_
_
_
1
6
23
1
7
21
-
-
-
_
72
_
-72
_
_
-
_
_
_
-
_
_
233
154
130
56
1
6
20
*•
7
Deposits
by
Railroad
Retire
ment
board
Advances from
Railroad
Retire
ment
Accounts
8/
418
38
35
58
41
29
35
47
45
51
60
38
General
fund
20
-1
_
-
-
5
9
_
_
_
10
10
-
-
8
8
Interest
and
profits
on
invest
ments
26
8
12
10
9
9
9
8
8
8
7
7
3,686
191
213
255
309
384
442
523
604
637
496
640
•*
*
2
*
*
1
*■
*
1
4
26
5
16
31
178
/r
H
28
8
18
34
144
5
4
19
1
Expenditures other than investments
Employment security program
Fiscal year
or month
Total
Withdrawals
by
States
1936-62..........
1963.............
1964.............
1965.............
1966.............
1967.............
1968.............
1969.............
1970.............
1971.............
1972-p ...........
1973 (Est.).......
35,883 10/
3,819
3,698
3,130
2,687
2,755 12/
2,830
2,865
3,634
6,216
6,984
1971-July........
Aug.........
Sept........
Oct.........
Nov.........
Dec.........
1972-Jan.........
Feb.........
Mar.........
Apr.........
May.........
June p.......
Employment Security Administration Account 2/
State
accounts
1/
Payments to general fund
Grants
to
States
Reimburse
ments and
recoveries
Interest
on ad
vances and
refunds
Salaries
and
expenses
Federal Extended Compensation Account 5/
Temporary
extended
compen
sation
payments
31,468
2,814
2,695
2,390
1,974
2,001
2,074
2,061
2,793
5,229
5,978
843
336
413
399
477
540
552
588
624
756
776
10
6
55
112
30
14
9
10
11
12
13
6
3
3
2
2
4
4
4
5
2
1
18
12
13
13
17
18
18
21
18
26
25
785
-15
-2
*
*
6,187
5,042
820
12
3
27
120
442
500
462
431
504
583
705
729
795
659
617
558
421
437
386
352
410
481
575
634
702
601
548
431
13
45
47
65
77
80
110
79
62
48
60
92
*•
1
*
*
*
*
4
4
*
*•
*
4
•X
4
*
2
2
*■
4
2
2
2
2
2
**
*
1
4
•X-
■X-
*
*
*
■X
■X-
(Continued on following page)
466
325
*
Reim
bursement
to State
accounts
1/
44
2
*
*
*-
:
Footnotes at end of Table.
Repay
ment of
advances
from
general
fund
-
-
-
-
-
~
-
-
-
Treasury Bulletin
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND lm ^ m a
S e c tio n IV - T ru st Funds
T a b le G A -IV -7. - U n em ploym en t T r u s t Fund - (C on tin u ed )
(In millions of dollars)
Expenditures other than investments - (Continued)
Assets, end of period
Railroad unemployment insurance
Railroad Unemployment Insurance Account 6/
Fiscal year
or month
Adminis
tration
fund
2/
Repayment of advances to Benefit
Payments
Temporary
extended
benefit
payments
1936-62............
1963...............
1964...............
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
1972p..............
2,387
167
134
115
88
71
76
97
93
95
120
19
-*
1973 (Est.).........
93
1971-July..........
Aug...........
Sept..........
Oct...........
Nov.... .......
Dec...........
7
13
15
11
14
11
1972-Jan...........
Feb...........
Mar...........
Apr...........
May...........
June p.........
12
9
10
7
6
6
Railroad
Retirement
Accounts
1U
2
10
7
-
63
-
10
-
-
*
-
-
-
10
-
14
27
Total
Invest
ments
Unexpended
balance
5,792
6,245
6,827
7,794
9,262
10,531
11,563
12,587
13,008
11,241
9,813
9,150
43 16/
32
40
76
47
95
55
65
129
52
-7
Administra
tive
expenses
General
fund
156
9
47
90
92
100
92
78
84
87
62
-
Net
increase
or
decrease
(-), m
assets
5,827
442
590
1,002
1,439
1,318
992
1,034
485
-1,844
-1,488
-
37
9
9
8
7
6
7
6
6
7
8
8
-3b3
5,835 15/
6,277
6,867
7,870
9,308
10,626
11,618
12,652
13,137
11,293
9,805
9,202
-
1
*
1
1
1
1
-228
195
-397
-288
-38
-281
11,065
11,260
10,863
10,575
10,537
10,255
10,836
11,138
10,715
10,369
10,354
10,133
228
121
148
206
183
122
1
1
1
1
1
1
-540
-221
-483
-138
1,199
-267
9,715
9,495
9,012
8,873
10,072
9,805
9,614
9,478
8,984
8,642
9,955
9,813
101
17
27
231
117'
-7
-
-
-
-
Source: See Table FFO-1.
1/ State unemployment funds used for benefit payments. For the period
August 1961 to February 1964, withdrawals by States were reduced by
reimbursements to State accounts from the Federal Extended Compensation
Account.
2/ Established by the Employment Security Act of I960, approved September
13, I960 (42 U.S.C. 1101 (a)), into which are deposited tax receipts
transferred in accordance with the act and from which are paid the
administrative expenses of the employment security program and reim
bursement for tax refunds. Receipts consist of appropriated and un
appropriated transfers of tax collections.
2/ Net of repayments.
U
Amounts represent excess of collections from Federal Unemployment tax
over expenditures for benefits and administrative expenses which excess
was appropriated from the general fund to this account. (Includes
amounts appropriated to the State Unemployment Accounts). Beginning
1961, such excess is transferred between book accounts within the
Unemployment Trust Fund.
5/ Extended unemployment compensation benefits under the employment
security amendments of 1970 (P.L. 91-373) and the amendments to the
Social Security Act (P.L. 92-224).
6/ For payment of benefits and refunds (45 U.S.C. 360). Figures exclude
interim advance of $15 million from the Treasury and subsequent repay
ment, both in 1940.
7/ Contributions under the Railroad Unemployment Insurance Act of 1938,
as amended (45 U.S.C. 360 (a)), in excess of the amount specified for
Administrative expenses. Through 1957, also includes transfers from
The administration fund of excess amounts over the specified balance
(45 U.S.C. 361 (d)).
8/ Temporary advances are made when the balance in the Railroad Unemploy
2/
10/
11/
12/
13/
14/
15/
16/
*
p
52
ment Insurance Account is insufficient to meet payments of benefits
and refunds due or to become due. Whenever the balance is sufficient
to pay such benefits and refunds, repayments are made, plus interest
at 3% per annum, pursuant to an act approved May 19, 1959 (45 U.S.C.
360 (d)).
Consists of specified proportion of contributions deposited in the
fund to be available for administrative expenses. The Railroad Un
employment Insurance Administration Fund was established in the Un
employment Trust Fund pursuant to the amending act of Septemeber 6,
1958; before that the administration fund was a separate trust fund
(45 U.S.C. 361).
Total includes $107 million transferred from State accounts to the
Railroad Unemployment Insurance Account in connection with its estab
lishment (45 U.S.C. 363). Beginning fiscal 1961 refunds of taxes
(principal only) are reported as deductions from receipts. Interest
paid on refunds of taxes is included under expenditures.
Established by the act approved March 24, 1961 (42 U.S.C. 1105 (a)),
which provides for a temporary program of extended Unemployment com
pensation payments.
Includes $5 million FY 1970, $10 million FY 1971 and $12 million FY 1972
from Railroad Retirement Unemployment Insurance Account. Estimate is $10
million FY 1973.
Beginning FY 1967 excludes transactions for investments of non-Federal
securities.
Includes interest.
Includes an adjustment of $7 million pursuant to the act of September
6, 1958 (U.S.C. 361 (a)).
Includes unappropriated receipts beginning September I960.
Less than $500,000.
Preliminary.
August 1972
139
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS.
Section IV - Trust Funds
Table GA-IV-8. - National Service Life Insurance Fund
(in millions of dollars)
Receipts
Fiscal year
or month
Total
Premiums and
other receipts
Expenditures other
than investments
Transfers from Interest and (benefits, net lending,
profits on
general and
refunds, and
special funds
investments
dividends)
Net increase
or decrease
(-), in
assets
Assets, end of period
Total
Invest
ments
5,811
-89
75
117
208
-36
147
82
26
82
53
5,811
5,721
5,797
5,914
6,122
6,086
6,233
6,315
6,341
6,423
6,476
5,804
5,714
5,783
5,909
6,113
6,079
6,228
6,301
6,320
6,403
6,465
7
7
14
5
9
7
4
13
21
20
11
Unexpended
balance
1941-62...........
1963..............
1964..............
1965..............
1966..............
1967..............
1968..............
1969..............
1970..............
1971..............
1972p.............
17,580
658
661
662
693
693
693
708
711
744
773
9,879
477
478
473
497
487
476
478
463
470
478
4,741
6
6
7
5
6
5
6
3
3
2
2,961
175
176
182
191
200
211
225
245
271
292
1973 (Est.)........
792
483
3
306
511
281
6,709
6,693
16
1971-July.........
Aug..........
Sept.........
Oct..........
Nov..........
Dec......... .
1972-Jan..........
Feb..........
Mar..........
Apr..........
May..........
June p........
45
47
39
37
43
173
46
47
40
40
39
176
42
41
39
36
42
38
•*
*
*
**
*
3
6
*
1
*
135
55
50
49
50
47
51
-10
-3
-10
-13
-4
122
6,413
6,410
6,399
6,386
6,382
6,505
6,404
6,399
6,390
6,379
6,371
6,495
9
10
9
7
11
10
43
41
40
39
39
39
*•
*
*
*
-*
3
7
*
1
*
137
48
129
130
37
34
38
-2
-82
-90
3
4
138
6,503
6,421
6,331
6,333
6,338
6,476
6,485
6,382
6,323
6,325
6,328
6,465
18
39
8
9
10
11
■X-
Source:
See Table FF3-1.
Note:
This fund was established by the National Service Life Insurance
Act of 1940 (38 U.S.C. 720).
11,770
747
585
545
485
729 1/
546 1/
627
685
661
720
1/ Excludes transactions for investments in non-Federal securities.
* Less than $500,000.
p Preliminary.
Treasury Bulletin
140
_________ FINANCIAL OPERATIONS OF GOVERNM ENT AGENCIES AND FUNDS................
S ection IV - T ru s t F unds
T able G A -IV -9. - In v estm en ts o f S p e c ifie d T r u s t A ccou n ts in P u b lic D ebt S e cu ritie s
and Agency Securities by Issues, as o f June 30, 1972
(in millions of dollars)
Issue
date
Description of securities
Public debt securities:
Public issues:
Notes:
5-3/4%
5-3/4
6
6-1/4
6-1/2
7-1/2
8
7-3/4
6-1/4
5-5/8
5-7/8
7
6
_
4
4-1/8
4-1/8
4-1/4
4-1/4
3-1/4
4
3-1/2
3-1/4
4-1/4
4
4-1/8
3-1/2
3
3-1/2
2-3 /4 (Investment Series
3-7/8
7
6-1 /8
Total public :
issue s
Special issues:
Certificates:
_
5%
5-3/4
Notes:
5-3/4*
4-3/4
5-5/8
5-3/4
6-1/2
7-5/8
7-3/4
6-1 /8
Bonds:
2-5/8%
3-3/4
2-5/8
3-3/4
3-7/8
3-7/8
4-1/8
4-1/8
Total special issues
2-1/2%
B)
11/15/74
2/15/75
5/15/75
2/15/76-A
5/15/76
8/15/76
2/15/77
8/15/77-B
2/15/78
8/15/74
8/15/75
11/15/75
11/15/78
11/15/67
2/L5/68
5/15/68
2/15/69
5/15/69
10/1/69
2/15/70
8/15/70
2/15/71
8/15/68
2/15/71
8/15/71
11/15/71
9/15/67-72
8/15/73
11/15/73
2/15/74
5/15/74
5/15/75-85
6/15/78-83
2/15/80
11/15/80
5/15/85
8/15/87-92
2/15/88-93
5/15/89-94
2/15/90
2/15/95
11/15/98
4/1/75-80
11/15/74
8/15/81
11/15/86
10/20/41
9/15/63
7/22/64
1/15/65
5/15/64
4/5/60
5/1/53
1/23/59
10/3/60
6/3/58
8/15/62
1/17/63
4/18/64
2/14/58
2/15/55
10/3/60
4/1/51
12/2/57
8/15/71
11/15/71
Federal Old-Age
and Survivors
Insurance
Trust Fund
_
7
17
5
22
90 '
15
_
_
_
50
-
Federal
Disability
Insurance
Trust Fund
Federal
Hospital
Insurance
Trust Fund
Federal
Supplementary
Medical
Insurance
Trust Fund
_
_
_
10
4
_
_
_
_
_
_
_
_
_
-
_
26
10
14
2
_
_
_
2
_
_
_
_
_
_
_
_
_
_
_
_
-
Railroad
Retirement
Accounts
Unemployment
Trust Fund
_
14
7
51
354
68
3
19
1
37
134
3
50
45
2
10
138
89
35
86
8
34
_
*
38
_
62
6
78
60
153
449
26
33
_
91
556
70
552
1,065
24
50
3,522
16
_
10
_
21
_
30
_
_
81
_
68
10
_
5
_
5
_
-
-
-
20
100
315
-
-
793
2,627
25
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
6/30/73
6/30/73
6/30/72
from 6/30/72
_
-
-
_
-
_
-
6/30/79
6/30/74
6/30/75
6/30/75
6/30/76
6/30/77
6/30/77
6/30/78
6/30/72
6/30/67
6/30/68
6/30/68
6/30/69
6/30/70
6/30/70
6/30/70
3,103
2,720
2,461
1,059
309
584
538
232
6/30/73 to 75
6/20/74 to 77
6/30/74 and 75
6/30/75 and 76
6/30/77 and 78
6/30/78
6/30/78 to 80
6/30/79 and 80
from 6/30/59
from 6/30/61
from 6/30/59
6/30/61
6/30/63
6/30/63
from 6/30/64
from 6/30/64
-
3,845
5,033
-
-
2,934
_
1,240
1,738
-
7,186
-
797
122
_
_
_
_
_
483
648
_
_
_
_
847
820
_
_
931
246
_
_
_
_
-
-
_
_
•
-
_
_
_
_
_
_
-
-
-
_
_
-
_
154
_
_
-
_
_
_
-
2,582
_
-
_
-
279
6,697
-
-
29,126
_
_
1,284
-
43
745
16
157
-
445
919
349
133
47
126
6
7
14
6
13
39
3
32
_
1,152
1,394
_
3,469
_
48
9
127
3
33
53
106
53
14
106
18
174
113
2,834
478
3,742
_
_
_
-
7,186
H
K
C
li^
.Y D
C^U
l_
L
U
1Co •
Participation certificates:
5.20%
5.20
5.10
6.40
6.05
6.45
6.20
-
1/19/77
1/19/82
4/6/87
12/11/87
2/1/88
4/8/88
8/12/88
Total participation certificates...........................
Total.................................
Source:
Bureau of Accounts.
1/19/67
1/19/67
4/5/67
12/11/67
1/30/68
4/8/ 68
8/l2/68
-
100
50
75
65
35
230
555
33,203
50
_
_
_
_
_
_
_
_
_
_
-
-
-
-
50
_
-
-
-
-
-
_
_
_
_
-
-
_
_
-
-
-
-
-
50
-
7,012
2,884
*
Less than $500,000.
-
478
50
4,585
-
9,813
August 1972
141
CUMULATIVE TABLE OF CONTENTS
September 1971 through August 1972
Issue and page number
1971
Sections
Sept.
Article:
Treasury financing operations....................
Federal fiscal operations:
Summary of fiscal operations.....................
Budget receipts by principal sources..............
Chart - Budget receipts by principal sources.......
Budget outlays by agencies......................
Undistributed intrabudgetary transactions.........
Budget outlays by major function.................
Investment transactions of Government accounts in
Federal securities (net)......................
Trust funds transactions........................
Accountability of the Treasurer of the U.S. on an
accounting basis.............................
Detail of excise tax receipts....................
Summary of internal revenue collections by States,
and other areas..............................
Federal obligations..............................
Account of the Treasurer of the United States:
Status of the Account of the Treasurer of the United
States......................................
Analysis of changes in tax and loan account balances.
Summary of cash transactions through the Account of
the Treasurer of the United States..............
Gold assets and liabilities of the Treasury........
Monetary statistics:
Money in circulation............................
Federal debt:
Summary of Federal debt.........................
Computed interest charge and computed interest rate
on interest-bearing public debt................
Interest-bearing public debt.....................
Maturity distribution and average length of market
able interest-bearing public debt...............
Special public debt issues......................
Interest-bearing securities issued by Government
agencies....................................
Participation certificates......................
Debt subject to statutory limitation..............
Status and application of statutory limitation.....
Treasury holdings of securities issued by Government
corporations and other agencies................
Public debt operations:
Maturity schedule of interest-bearing marketable
public debt securities other than regular weekly
and annual Treasury bills outstanding...........
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 subscriptions for
public marketable securities...................
Disposition of public marketable securities other
than regular weekly Treasury bills..............
Foreign series securities (nonmarketable) issued to
official institutions of foreign countries.......
Foreign currency series securities (nonmarketable)
issued to official institutions of foreign
countries...................................
United States savings bonds:
Sales and redemptions by series, cumulative........
Sales and redemptions by periods, all series
combined....................................
Sales and redemptions by periods, Series E through K.
Redemptions of matured and unmatured savings bonds...
Sales and redemptions by denominations, Series E and
H combined..................................
Sales by States, Series E and H combined..........
Oct.
1972
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
II
II
II
II
II
II
II
II
II
II
II
II
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
10
11
10
11
10
11
10
11
10
11
10
11
10
11
10
11
10
11
10
11
10
11
10
11
13
14
12
12
12
12
...
15
13
13
17
13
13
15
14
13
15
13
18
19
16
17
16
17
20
21
16
17
16
17
21
22
17
18
16
17
18
19
16
17
13
14
20
20
18
18
18
18
22
22
18
18
18
18
23
23
19
19
18
18
20
20
18
18
15
15
21
19
19
23
19
19
24
20
19
21
19
19
22
20
20
24
20
20
25
21
20
22
20
17
22
23
20
21
20
21
24
25
20
21
20
21
25
26
21
22
20
21
22
23
20
21
17
18
23
24
21
22
21
22
25
26
21
22
21
22
26
27
22
23
21
22
23
24
21
22
18
19
25
26
27
28
23
24
25
26
23
24
25
26
27
28
29
30
23
24
25
26
23
24
25
26
28
29
30
31
24
25
26
27
23
24
25
26
25
26
27
28
23
24
25
26
20
21
22
23
29
27
27
31
27
27
32
28
27
29
27
24
30
31
28
29
28
32
33
28
29
28
29
33
34
29
30
28
29
30
31
28
29
25
26
33
31
31
35
31
31
36
32
32
34
32
28
36
34
34
38
34
34
39
35
35
37
35
32
39
37
37
41
37
37
42
38
38
40
38
35
41
39
39
43
39
39
44
40
40
42
40
37
44
42
42
46
42
42
47
43
43
45
43
40
47
45
46
50
46
46
51
47
47
49
47
45
57
55
56
61
57
58
64
59
59
62
60
59
59
57
58
63
59
60
66
62
62
65
63
62
62
63
65
65
66
68
63
64
66
62
63
65
59
60
62
57
58
60
N
58
59
61
63
64
66
62
(Continued on following page)
59
60
62
60
61
63
64
65
66
67
69
62
63
65
66
29
66
67
Treasury Bulletin
142
_____ CU M ULATIVE TABLE OF C O N T E N T S _____
September 1971 through August 1972 - (Continued)
Issue and page number
1971___________ I
__________________ 1972
Sections
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July j Aug.
United States savings notes:
Sales and redemptions by periods...................
63
61
63
67
63
66
70
66
67
69
67
68
Ownership of Federal securities:
Distribution by classes of investors and types of
issues........................................
Estimated ownership by private investors............
64
65
62
63
64
65
68
69
64
65
67
68
71
72
67
68
68
69
70
71
68
69
69
70
Treasury Survey of ownership........................
66
64
66
70
66
69
73
69
70
72
70
71
Market auotations on Treasury securities:
End-of-month closing quotations by issues...........
Chart - Yields of Treasury securities...............
72
74
70
72
Average yields of long-term bonds:
Average yields of Treasury, corporate and municipal
bonds by periods................................
Chart - Average yields of Treasury, corporate and
municipal bonds.................................
75
76
Exchange Stabilization Fund:
Balance sheet....................................
Income and expense...............................
78
76
Treasury survey-commercial bank ownership.............
...
72
74
76
78
73
75
81
83
73
75
74
76
80
82
76
78
79
76
80
77
84
83
79
80
82
80
87
85
84
80
81
83
81
88
78
79
75
76
...
77
79
81
82
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
States.........................................
Liabilities to foreigners reported by nonbanking
concerns in the United States.....................
Claims on foreigners reported by nonbanking concerns
in the United States.............................
Transactions in long-term securities by foreigners re
ported by banks and brokers in the United States......
Foreign credit and debit balances in brokerage accounts
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...........
74
86
84
77
77
81
80
78
78
78
82
81
79
79
79
83
82
80
81
80
81
80
81
84
85
83
84
82
82
82
86
85
85
85
89
93
93
93
97
96
102
102
99
98
101
100
105
99
99
99
103
102
108
109
105
104
107
106
111
103
103
103
107
106
112
113
109
108
111
110
115
109
118
113
122
112
121
118
127
116
125
121
130
121
122
.. .
109
118
109
118
86
89
77
Foreign currencies acquired by the U.S. Government
without payment of dollars:
Foreign currency transactions, summary and country uses
Foreign currency transactions, U.S. uses and trust funds
Financial operations of Government agencies and funds:
Government corporations and other business-type
activities:
Statements of financial condition................
Statements of income and expense.................
Statements of source and application of funds......
Regular Governmental activities:
Statements of financial condition................
Federal credit programs:
Direct sales and repurchases of loans.............
Loans outstanding, excluding interagency loans.....
77
79
82
83
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 IMF..........................
U.S. net monetary gold transactions with foreign coun
tries and international and regional organizations....
79
81
85
83
82
85
87
86
84
83
86
85
90
88
87
85
84
87
86
91
89
90
88
89
86
87
85
86
88
89
87
88
92
93
85
91
90
88
87
90
89
94
88
94
93
91
90
93
92
97
119
128
115
124
114
123
117
126
84
127
128
130
124
130
129
126
149
125
149
• • •
153
120
120
169
170
173
174
174
175
175
176
178
179
175
123
158
159
162
163
I64
I64
165
165
166
168
169
130
159
160
174
175
176
177
177
178
178
179
181
182
158
159
127
132
133
134
135
135
136
136137
139
14u
UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUM ENTS
W ASHING TO N, D .C .
20402
O FFICIAL BU SIN E SS
P E N A L T Y F O R P R IV A T E U SE T O A V O ID
P A Y M E N T O F P O S T A G E , $300
(G P O )
@FedFRASER