Full text of Treasury Bulletin : December 1979
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Treasury Bulletin
December 1979
DEPARTMENT OF THE TREASURY
OFFICE OF THE SECRETARY
WASHINGTON, D.C.
/
December 1979
CONTENTS
Page
Article
- Treasury Financing Operations............................................................
VI
FEDERAL FISCAL OPERATIONS
FFO-1.
- Summary of Fiscal Operations............................................................. .... 1
FF0-2.
- Budget Receipts by Source................................................................ .... 3
Cnart
- Budget Receipts by Source................................................................ .... 5
FFO-3.
- Budget Outlays by Agency........................................................ ........ .... 6
FFO-4.
- Undistributed Offsetting Receipts....................................................... .... 7
FFO-5.
- Budget Outlays by Function............................................................... .... 8
FF0-6.
- Investment Transactions of Government Accounts in Federal Securities (Net).........
10
..... ......................... 11
EEO-7^
- Trust Hunds I r a n s a c j t i i m a ^ ^
FFO-9
- Detail of Excise Tax Receipts...............,......................................... .
12
FEDERAL OBLIGATIONS
FO-1.
- Gross Obligations Incurred Within and Outside the Federal Government by Object
Class.......................................................................................
FO-2.
- Gross Obligations Incurred Outside the Federal Government by Major Function and
Major Object Class........................................................................
15
FO-3.
- Gross Obligations Incurred Outside the Federal Government by Department or] Agency..
15
FO-4.
- Gross Obligations Incurred Outside the Federal Government, Comparative Statemetit
by Months..................................................................................
ig
15
ACCOUNT OF THE U.S. TREASURY
UST-1.
- Status of the Account of the U.S. Treasury.............................................
19
UST-2.
- Elements of Changes in Federal Reserve and Tax and Loan Account Balances...........
20
UST-3.
- Gold Assets and Liabilities of the Treasury............................................
21
MONETARY STATISTICS
MS-1.
- Currency and Coin in Circulation........................................................
FD-1.
- Siimmary of Federal Debt..................................................................
22
FEDERAL DEBT
23
FD-2.
- Computed Interest Charge and Computed Interest Rate on Interest-Bearing Public Debt
23
FD-3.
- Interest-Bearing Public Debt.............................................................
24
FD-4.
- Government Account Series................................................................
25
26
FD-5.
- Interest-Bearing Securities Issued by Government Agencies............................
FD- 6 .
- Participation Certificates...............................................................
27
FD-7.
- Maturity Distribution and Average Length of Marketable Interest-Bearing Public Debt
28
FD- 8 .
- Debt Subject to Statutory Limitation....................................................
28
FD-9.
- Status and Application of Statutory Limitation........................................
29
FD-10.
- Treasury Holdings of Securities.........................................................
30
PUBLIC D EBT OPERATIONS
PDO-1.
- Maturity Schedule of Interest- Bearing Marketable Public Debt Securities.......
PDO-2.
- Offerings of Bills........................................................................
33
PDO-3.
- New Money Financing through Regular Weekly Treasury Bills............................
35
PDO-4.
- Offerings of Public Marketable Securities............................ .................
35
PDO-5.
- Unmatured Marketable'Securities
41
PDO- 6 .
- Allotments by Investor Classes on Subscriptions for Public Marketable Securities...
45
PDO-7.
- Disposition of Public Marketable Securities............................................
48
PDO- 8 .
- Foreign Series Securities................................................................
51
Issued at a Premium or Discount.....................
32
PDO-9.
- Foreign Currency Series Securities......................................................
63
PD0-10.
- Foreign Currency Series Securities Issued to Residents of Foreign Countries........
54
Treasury Bulletin
II
CONTENTS
U N IT E D
STATES
S A V IN G S B O N D S
SB-1.
Page
- Sales and Redemptions by S e rie s, Cumulative.............................................................................. .......... 65
SB-2.
- Sales and Redemptions by P eriods, A ll Series Combined.............................................................. ...... 65
SB-3.
- Sales and Redemptions by P eriods, Series E through K ................................................................ ...... 66
SB-4.
- Redemptions o f Matured and Unmatured Savings Bonds.................................................................... ...... 68
U N IT E D
SN-1.
STATES
S A V IN G S N O T E S
- Sales and Redemptions by P eriod s............................................................................................................... 69
O W N E R S H IP
OF FED ER AL
S E C U R IT IE S
OFS-1.
- D istrib u tion o f Federal S e c u r itie s ...........................................................................................................-70
OFS-2.
- Estimated Ownership o f P ublic Debt S e c u r itie s .............................................................................. ......71
TREASU RY
SURVEY
O F O W N E R S H IP
TSO-1.
- Summary o f Federal S e c u r itie s ............................................................................................................... ......72
TSO-2.
- Interest-B earing Marketable Public Debt S e cu ritie s by Type and Maturity D istrib u tion
TSO-3.
- In terest-B earing Marketable P ublic Debt S e cu ritie s by Issu e ........................................................73
TSO-4.
- S e cu ritie s Issued by Government A gencies........................................................................................ ......75
TSO-5.
- S ecu rities Issued by Government-Sponsored Agencies and D.C..........................................................75
MQ-1.
- Treasury B i l l s ................................................................................................................................................... 76
MQ-2.
- Treasury Notes................................................................................................................................................... 76
M ARKET
Q U O T A T IO N S
ON TREASU RY
73
S E C U R IT IE S
MQ-3.
- Treasury Bonds................................................................................................................................................... 78
Chart
- Y ield o f Treasury S e c u r itie s .......................................................................................................................79
AVERAGE
Y IE L D S O F L O N G -T E R M
BONDS
AY-1.
- Average Y ields o f Long-Term Treasury, Corporate, and Municipal Bonds............................... ......80
Chart
- Average Y ields o f Long-Term Treasury, Corporate, and Municipal Bonds............................... ......81
IFS-1.
IN T E R N A T IO N A L F IN A N C IA L S T A T IS T IC S
- U.S. Reserve A ssets................................................................................................................................... ..... 82
IFS-2.
- U.S. Liquid and Nonliquid L ia b ilit ie s to Foreign O f fic i a l In s titu tio n s , and Liquid
L ia b il it ie s to A ll Other F oreigners................................................................................................ ..... 83
IFS-3.
- U.S. Liquid and Nonliquid L ia b ilit ie s to O f f ic i a l In stitu tio n s o f Foreign Countries
by Area............................................................................................................................................................... 84
IFS-4.
- Nonmarketable U.S. Treasury Bonds and Notes.................................................................................. ..... 85
IFS-5.
- U.S. P o sitio n in the In tern ational Monetary Fund........................................................................ ..... 86
IFS- 6 .
- Weighted-Average o f Exchange Rate Changes fo r the D o lla r............................................................. 87
III
December 1979
C O N T E N T S
C A P I T A L
M O V E M E N T S
Page
LIABILITIES TO FOREIGNERS REPORTED BY BANKS - U.S.
CM-I-1.
- Total Liabilities by Type of Holder........................................................
9q
CM-I-2.
- Total Liabilities by Type, Payable in Dollars - Part A ...................................
91
CM-I-.2.
- Total Liabilities to Nonmonetary International and Regional Organizations by Type,
CM-I-3.
- Total Liabilities by Country................................................................
93
CM-I-4.
- Total Liabilities by Type and Country......................................................
94
Payable in Dollars - Part B ................................................................
92
CLAIMS ON FOREIGNERS REPORTED BY BANKS IN THE UNITED STATES
CM-II-1. - Total Claims by Type (Old Series)...........................................................
95
CM-II-2. - Total Claims by Type (New Series)...........................................................
'95
CM-II-3. - Total Claims by Country......................................................................
96
CM-II-4. - Total Claims by Type and Country Reported by Banks in the U . S ...........................
97
CM-II-5. - Banks* Own Claims, by T y p e ..................................................................
98
CM-II- 6 . - Banks* Own Claims by Type and Country Payable in Dollars.................................
99
CM-II-7. - Domestic Customers* Claims by Ty p e .........................................................
100
SUPPLEMENTARY LIABILITIES AND CLAIMS DATA REPORTED BY BANKS - U.S.
CM-III-1.- Dollar liabilities to, and Dollar Claims on, Foreigners in Countries and Areas Not
Regularly Reported Separately.............................................................
101
CM-III-2.- Dollar Claims on Nonbanking Foreigners........... ........................................
102
LIABILITIES TO FOREIGNERS REPORTED BY NONBANKING BUSINESS ENTERPRISES IN THE UNITED STATES
CM-IV-1. - Total Liabilities by Typ e ..................................................................
103
CM-IV-2. - Total Liabilities by Country...............................................................
104
CM-IV-3. - Total Liabilities by Type of Country......................................................
105
CLAIMS ON FOREIGNERS REPORTED BY NONBANKING BUSINESS ENTERPRISES IN THE UNITED STATES
CM-V-1.
- Total Claims, by Typ e ...................................................................... .
CM-V-2.
- Total Claims, by Country....................................................................
106
107
CM-V-3.
- Total Claims, by Type and Country.........................................................
108
TRANSACTIONS IN LONG-TERM SECURITIES BY FOREIGNERS
CM-VI-1. - Foreign Purchases and Sales of Long-Term Domestic Securities...........................
109
CM-VI-2. - Foreign Purchases and Sales of Long-Term Foreign Securities.......................... .
109
CM-VI-3. - Net Foreign Transactions in Marketable U.S. Treasury Bonds and Notes by Country......
110
CM-VI-4. - Estimated Foreign Holdings of Marketable U.S. Treasury Bonds and Notes by Country....
Ill
CM-VI-5. - Net Foreign Transactions in Long-Term Domestic Bonds....................................
112
CM-VI- 6 . - Net Foreign Transactions in Domestic Stocks by Country..................................
113
CM-VI-7. - Net Foreign Transactions in Long-Term Foreign Bonds by Country.........................
114
CM-VI- 8 . - Net Foreign Transactions in Foreign Stocks by Country...................................
115
CM-VI-9. - Foreign Purchases and Sales of Long-Term Securities, Latest Date......................
116
CM-VI-10.- Foreign Purchases and Sales of Long-Term Securities, Latest Y e a r......................
117
Treasury Bulletin
IV
C O N T E N T S
F O R E I G N
C U R R E N C Y
P O S I T I O N S
SUMMARY POSITIONS
Page
FCP-I-1.
- Nonbanking Firms* Positions............................................................
119
FCP-I-2.
- Weekly Bank Positions..................................................................
119
FCP-I-3.
- Monthly Bank Positions.*......................................................... ..
119
CANADIAN DOLLAR POSITIONS
FCP-II-1.
- Nonbanking Firms' Positions.......................................................... .
120
FCP-II-2.
- Weekly Bank Positions...................................... ...........................
120
FCP-II-3.
- Consolidated Monthly Bank Positions..................................................
121
FRENCH FRANC POSITIONS
FCP-III-1.
- Nonbanking Firms' Positions............................................................
122
FCP-III-2.
- Weekly Bank Positions............................ ......................................
122
FCP-III-3.
- Consolidated Monthly Bank Positions...................................................
123
GERMAN MARK POSITIONS
FCP-IV-1.
- Nonbanking Firms' Positions...........................................................
124
FCP-IV-2.
- Weekly Bank Positions..................................................................
124
FCP-IV-3.
- Consolidated Monthly Bank Positions...................................................
125
ITALIAN LIRA POSITIONS
FCP-V-1.
- Nonbanking Firms' Positions............................................................
126
FCP-V-2.
- Weekly Bank Positions..................................................................
126
JAPANESE YEN POSITIONS
FCP-VI-1.
- Nonbanking Firms' Positions...........................................................
127
FCP-VI-2.
- Weekly Bank Positions..................................................................
127
FCP-VI-3.
- Consolidated Monthly Bank Positions..................................................
128
SWISS FRANC POSITIONS
FCP-VII-1.
- Nonbanking Firms' Positions...........................................................
129
FCP-VII-2.
- Weekly Bank Positions..................................................................
129
FCP-VII-3.
- Consolidated Monthly Bank Positions............. .................. .................
130
STERLING POSITIONS
FCP-VIII-1. - Nonbanking Firms' Positions...........................................................
131
FCP-VIII-2. - Weekly Bank Positions..................................................................
131
FCP-VIII-3. - Consolidated Monthly Bank Positions..................................................
132
UNITED STATES DOLLAR POSITIONS ABROAD
FCP-IX-1.
- Nonbanking Firms* Foreign Subsidiaries' Positions...................................
FCP-IX-2.
- Weekly Bank Foreign Office Positions.................................................
133
FCP-IX-3.
- Monthly Bank Foreign Office Positions................................................
134
133
December 1979
V
CONTENTS
FOREIGN CURRENCIES ACQUIRED BY THE U.S. GOVERNMENT
WITHOUT PAYMENT OF DOLLARS
Pase
FC-1.
- Summary of Foreign Currency Transactions............. ..................................... ..137
FC-2.
- Foreign Currency Transactions, Country U s e s ................................................ ..137
FC-3.
- Foreign Currency Transactions, U.S. Uses..,................................................ ..138
FC-4.
- Foreign Currency Transactions, Trust Funds................................................. ..138
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
FEDERAL CREDIT PROGRAMS
GA-II-1. - Direct Sales and Repurchases of Loans...,........... ...................................... ..139
GA-II-2. - Direct and Guaranteed Loans Outstanding.................................................... ..140
Cumulative Table of Contents.............................. ............................................. ...147
Note:
Details of figures may not add to totals because of rounding.
VI
Treasury Bulletin
Treasury Financing Operations
Auction of 2-Year Notes
On November 13 the Treasury announced that it would auc
tion $4,300 million of 2-year notes to refund
approximately
the same amount of notes maturing November 30, 1979.
The notes
Tenders were received at Federal Reserve banks and branches
and at the Bureau of the Public Debt, Washington, D. C. Bearer
notes,
with interest coupons attached, and notes registered
offered were Treasury Notes of Series Z-1981, to be dated No
as to principal and interest were authorized to be issued in
vember 30, 1979, due November 30, 1981, with interest payable
denominations
on May 31 and November 30 in each year until maturity.
$1 , 000, 000.
pon rate of
A cou
12-1/87. was set after the determination as
52-Week Bills
which translated
to 100.000.
$4,030
an
average
accepted price
$1,000,
$5,000,
$10,000', $100,000
and
to
which tenders were accepted on a yield basis, the average of
into
of
close
Tenders for the notes were received until 1:30 p.m., EST,
On
November
29 tenders were invited for approximately
million of 359-day Treasury bills to be dated Decem
ber 11, 1979,
and to mature December 4, 1980.
November 21 and totaled $7,556 million, of which $4,301 million
opened on December 5.
was accepted at yields ranging from 12.187., price 99.905 up to
$4,033
Tenders were
They totaled $8,105 million, of
which
million was accepted, including $152 million of non
Noncompetitive tenders for $1 million
competitive tenders from the public and $2,405 million of the
or less from any one bidder were accepted in full at the ave
bills issued at the average price to Federal Reserve Banks for
12.267o, price 99.767.
These
themselves and as agents of foreign and international monetary
In addition to the $4,301 million of tenders accepted in
authorities. The average bank discount rate was 10.8187.. The
issue was to refund $4,029 million of bills maturing Decem
ber 11.
An additional $91 million of the bills will be issued to
rage yield of accepted tenders, 12.247., price 99.801.
totaled $1,042 million.
the auction process, $502 million of tenders were accepted at
the
average price from Government accounts
and Federal Re
serve Banks for their own account in exchange for securities
maturing November 30, 1979.
Tenders were received at Federal Reserve banks and branches
and at the Bureau of the Public Debt, Washington, D. C.
notes,
with interest coupons attached, and notes registered
denominations of $5,000, $10,000, $100,000 and $1,000,000.
On November 20 the Treasury announced that it would auc
The notes
be dated
offered
notes to raise new cash.
were Treasury Notes of Series C-1985, to
December 4, 1979,
On November
due May 15, 1985, with interest
21 tenders
ber 3, 1979, representing an additional amount of bills dated
October 25, 1979, maturing April 24, 1980.
Tenders
were opened
$2,000 million of 157-day Treasury bills to be issued Decem
ber 10, 1979, representing an additional amount of bills
A coupon
raise new cash.
May 15, 1980.
taled $6,266
of which translated into an average accepted price close
The average bank discount rate was 11.7387..
An
100 000
Tenders for the notes were received until 1:30 p.m., EDST,
November 27 and totaled $3,512 million, of which $2,501 mil
lion was accepted at yields ranging from 10.287o, price 100.389
up
to
10.497o, price 99.532.
Noncompetitive tenders for $1
million or less from any one bidder were accepted in full at
the average yield of accepted tenders, 10.407., price 99.898.
These totaled $620 million.
the
to
million
dated
The issue was to
Tenders were opened on December 6.
to which tenders were accepted on a yield basis, the average
to
They
The average bank discount rate was 11.6467..
On December 3 tenders were invited for approximately
November 15, 1979, maturing
. .
The issue was to
on November 28.
totaled $5,632 million, of which $3,000 million was accepted.
payable on May 15 and November 15 in each year until maturity.
rate of 10-3/87. was set after the determination as
were invited for approximately
$3,000 million of 143-day Treasury bills to be issued Decem
raise new cash.
Auction of 5-1/2-Year Notes
5-1/2-year
Cash Management Bills
Bearer
as to principal and interest were authorized to be issued in
tion $2,500 million of
Federal Reserve Banks as agents of foreign and international
monetary authorities for new cash.
They to
of which $2,005 million was accepted.
additional $320 million of the bills will be issued
Federal Reserve Banks, as agents of foreign and interna
tional monetary authorities for new cash.
13-Week and 26-Week Bills
Issues of regular weekly Treasury bills in November to
taled $31,200 million.
and in
These
issues
were offered for cash
exchange for bills maturing in the amount of $29,900
million.
In
the
million
13-week
In addition to the $2,501 million of tenders accepted in
$3,100
and
one
auction process, $5 million of tenders were accepted at
26-week series there were
series there were four issues of
issue of $3,200 million.
In
the
four issues of $3,100 million and
the average price from Government accounts and Federal Reserve
one issue
Banks for their own account for new cash.
sues are shown in the following table.
of $3,200 million.
Average rates for the new is
VII
December 1979
Treasury Financing Operations—Continued
Noncompetitive
Annual average rate
(bank discount basis)
Date of issue
for
tenders (without stated price), usually
$500,000 or less from any one bidder, for each issue of
13-week, 26-week, and 52-week bills, are accepted in full at
13-week
1979
26-week
the weighted average
price of accepted competitive bids for
an issue.
Nov.
12.256
12.098
12.027
11.944
11.017
1
8
15
23
29
12.193
12.086
11.945
12.035
Payment
funds or in a like par amount of Treasury securities maturing
11.022
Treasury Bills (Other than Cash management bills) - General
Treasury bills are sold on a
petitive and noncompetitive
discount basis under com
bidding,
and
at
their par amount is payable without interest.
issued entirely
$10,000
and
in book-entry
in any higher
form
for accepted tenders must be made or completed
on the date of issue, in cash or other immediately available
maturity
All series are
in a minimum amount of
$5,000 multiple, on the records
either of the Federal Reserve Banks and Branches, or of the
Department of the Treasury.
on
or
before that date.
52-week bills
Payment for 13-week, 26-week, and
may not be made by credit in Treasury tax and
loan accounts.
Nonmarketable Foreign Series Securities - Foreign Governments
Dollar
denominated foreign series securities issued to
official institutions in November totaled $1,262 million, con
sisting of 5 bills and 1 certificate.
month totaled $1,227 million.
Tenders are received at Federal Reserve banks and branches
and from individuals at the Bureau of the Public Debt, Wash
ington.
ders
Each tender must be for a minimum of $10,000.
over $10,000 must be in
multiples of $5,000.
the full par amount applied for must accompany all ten
ders
submitted for bills to be maintained on the book-entry
A cash adjustment
will be made for the difference between the par payment sub
mitted and
tion.
No
series
securities outstanding totaled
(Details are shown on page 62).
Nonmarketable Foreign Series Securities - Public Offerings
OnjOctober 24 the Treasury announced that it would offer
two
islsues
of Deutsche
mark (DM) denominated notes in the
amount of approximately DM 2 billion for sale by subscription
exclusively to residents of the Federal Republic of Germany.
the actual issue price as determined in the auc
deposit
need accompany tenders from incorporated
banks and trust companies and from responsible and recognized
dealers in
foreign
$23,895 million.
Ten
Payment
for
records of the Department of the Treasury.
denominated
Redemptions during the
At the end of November, dollar
investment securities for bills to be maintained
Both issues of notes were made on November 12, 1979, with
the 8.557o
note due May 12, 1982, and the 8.507» note due May
12, 1983.
On
on the book-entry records of Federal Reserve Banks and Branches.
November 7
the Treasury accepted DM 808 million in
A deposit of 2 percent of the par amount of the bills applied
subscriptions for its 8.557o 2-year 6-month notes and DM 1,197
for must accompany tenders for such bills from others, unless
million for the 8.507o 3-year 6-month notes.
an
alents of the two issues were $451 million for the 8.557» notes
express
guaranty
of payment by an incorporated bank or
trust company accompanies the tenders.
Note:
and $668 million for the 8.507» notes.
Details of figures may not add to totals because of rounding.
The dollar equiv
December 1979
1
.FEDERAL FISCAL OPERATIONS,
Table FFO-1. - Summary of Fiscal Operations
(In millions of dollars)
Budget receipts and outlays
Means of financing— net transactions
Borrowing from the public— Federal securities
Fiscal year
or month
Net
Net
receipts : outlays 2 f
(1)
(2)
197 1
197 2
197 3
197 4
197 5
197 6
T . Q .......
197 7
197 8
197 9
.
188,392
208,649
232,225
264,932
280.997
300,006
81,773
357,762
401.997
465,9*40
1980 (Est)
1978-Oct..
Nov..
D ec..
513,865
28,745
33,227
37,477
211,425
232,021
247,074
269,620
326,185
366,439
94,729
402,725
450,836
493,221
547,092
42,745r
39,134
41,392
1979-Jan..
Feb..
M ar..
A pr..
May..
June.
July.
A ug..
Sept.
Oct..
38,364
32,639
31,144
52,230
38,287
53,910
41,095
37,739
43,725
40,752
41,618
40,687
40,482
54,279
29,625
47,807
33,268
39*353
47,295
33,099
Surplus
or
deficit(-)
1-2
Public
debt
securi
ties
(4)
(5)
-23,033
-23,372*
-14,849
-4,689
-45,188
-66,434
-12,956
-44,963
-48,839
-27,281
-33,227
-13,999r
-5,907
-3,915
27,211
29,131
30,881
16,918
58,953
87,244
14,269
64,139
72,705
54,975
n.a.
4,849
6,632
6,181
-2,731
-5,100
-12,581
11,478
-3,331
13,223
-7,214
-14,926
17,670
-14,708
1,247
1,753
4,585
-409
8,411
119
2,564
5,663
13,379
268
(3)
Invest
ments of
Govern
ment ac
counts
Agency
securi
ties
Total
4+5-6
(6)
(7)
-347
-1,269
216
903
-1,069
10
724
-1,380
-1,417
-1,649
n.a.
-7
-336
-50
7,417
8,420
11,822
14,813
7,031
4,341
-3,514
9,243
12,181
19,685
n.a.
-1,642
1,060
2,599
19,448
19,442
19,275
3,009
50,853
82,913
18,507
53,516
59,106
33,641
42,887
6,484
5,236
3,533
-208
-16
-432
-168
-237
-92
-71
-18
-13
-19
-2,273
2,405
-3,858
4,387
6,368
1,484
-2,338
2,378
9,116
-1,968
3,312
-668
8,012
-4,965
1,806
-1,458
4,831
3,268
4,250
2,217
financing— net transactions— Con.
Cash and monetary assets (Deduct)
Within general
account of the
U.S. Treasury
.4/
U.S.
Treasury
operating
cash
(8)
(9)
Special
drawing
rights
(10)
826
Gold
tranche
drawing
rights £/
Other
(12)
(11)
-1,570 '
7,246
2,579
1,690
3,340
1,732
n.a.
-6,899
-2,691
3,438
290
711
-8
245
123
-302
-59
-267
352
-716
n.a.
155
-1 575
36
-208
1,079
-1,264
91
647
-172
-385
684
-75
1,629
-908
-988
50
525
1,121
1,024
764
132
-594
-2,237
n.a.
-577
3,803
-1,478
n.a.
238
-3,022
327
-1,146
-8,258
798
657
-3,685
12,828
-3,955 '
-6,580
17,226
-13,716
1,103
11
-5
-65
-478
46
19
-*
36
-66
298
-28
-18
2,417
-1,457
160
-773
-29
-689
-403
-28
97
4
?18
93
11
-3
75
-11
-34
1,668
2,068
-3,380
Selected balances , end of period
Federal securities
Fiscal year
or month
Other 7./
J
Transactions
>
not applied to ’
year's surplus
or deficit 8 /
Total budget
financing
7-8-9-10
-11-12+13+14
General ac
count of the
U.S. Treasury
1/
U.S.
Treasury
operating
cash
Public
debt
securities
(17)
(18)
(19)
(20)
12,163
10,894
11,109
12,012
10,943
10,953
11,678
10,298
8,881
7,232
105,140
113,559
125,381
140,194
147,225
151,566
148,052
157,295
169,477
189,162
304,328
323,770
343,045
346,053
396,906
479,819498,327
551,843
610,948
644,589
Agency
securities
H
(13)
1971.....
1972*.....
197 3
197 4
197 5
197 6
T . Q .......
197 7
197 8
197 9
3,103
4,958
-3,921
-1,290
1,968
-1,956
-199
2,004
2,246
2,945
1980 (Est)
1978-Oct..
Nov..
Dec..
- -800r
-4,156
3,338
1979-Jan..
Feb..
Mar..
Apr..
May..
June.
July.
Aug..
Sept.
Oct..
78
-1,849
6,061
-2,254
-2,875
2,942
-1,641
,5,905
-3,534
-
2 ,1 2 1
Footnotes on following page.
(14)
482
1,442
340
451
-7,312
-6,727
-2,453
-8,318
-9,490
-8,897
n.a.
l,233r
1,341
-633
-432
-561
-713
-1,268
-1,128
-1,662
-687
-781
-1,823
392
(15)
23,033
23,372
14,849
4,689
45,188
66,434
12,956
44,963
48^839
27,281
33,227"
13,999r
5,907
3,915
2,731
5,100
12,581
-11,478
3,331
-13,223
7,214
14,926
-17,670
14,708
(16)
Investments
of Govern
ment accounts
Held by the
public
18+19-20
(21)
10,117
11,785
13,854
10,473
-
7,589
14,835
17,414
19,104
22,444
24,176
397,305
426,435
457,317
474,235
533,188
620,432
634,701
698,840
771,544
826,519
-
15,545
12,854
16,291
n.a.
776,394
783,026
789,207
n.a.
8,873
8,537
8,487
n.a.
167,834
168,894
171,492
n.a.
617,433
622,669
626,202
-
15,146
6,887
7,685
8,342
4,657
17,485
13,530
6,950
24,176
10,460
790,454
792,207
796,792
796,383
804,794
804,913
807,477
813,140
826,519
826,787
8,279
8,263
7,832.
7,663
7,426
7,334
7,263
7,245
7,232
7,213
169,220
171,625
167,767
172,153
178,522
180,006
177,668
180,045
189,162
187,193
629,513
628,845
636,857
631,893
633,699
632,241
637,072
640,340
644,589
646,806
-
-
-
Treasury Bulletin
2
FEDERAL FISCAL OPERATIONS
Footnotes to Table FFO.-l.
Sources
Monthly Treasury Statement of Receipts and Outlays of the
United States Government.
Note:
Budget estimates are based on the revision of the Mid-Session
Review of the 1980 Budget released on July 31, 1979; adjusted to
include revised estimates for the Energy Security Program and
Department of Defense increases.
1/
For detail see Table FFO-2.
2/
For detail see Table FFO-3.
3/
For detail see Table FFO-6.
4/
Beginning fiscal 1975, balances "Within general account of the U.S.
Treasury" are presented in columns 9 and 13.
5/
Represents holdings of special drawing rights, less certificates issued
to Federal Reserve banks.
6/
Represents activity of the International Monetary Fund.
7/
Includes: public debt accrued interest payable to the public, deposit
funds, miscellaneous asset and liability accounts, and as of July 1974,
the gold balance.
Includes: Seigniorage; increment of gold; fiscal 1969 conversions of
certain corporations to private ownership; fiscal 1970 reclassification
of Commodity Credit Corporation certificates of interest; fiscal 1974
conversion of interest receipts of Government accounts to an accrual
basis; and net outlays of off-budget Federal agencies. Also includes
rural electrification and telephone revolving fund since May 12, 1973,
Postal Service fund since July 1973, Federal Financing Bank since
July 1974, housing for the elderly or handicapped fund from August
22, 1974, through September 30, 1977 and Pension Benefit Guaranty
Corporation since September 17, 1974.
9/
For detail see Table FD-6.
n.a. Not available.
r Revised.
8/
December 1979
3
.FEDERAL FISCAL OPERATIONS,
Table FFO-2. - Budget Receipts by Source
(In millions of dollars)
Income taxes
Individual
Fiscal year
or month
Net
budget
receipts
Withheld 1 )
Other
Social insurance
taxes and contributions
Corporation
Refunds
Net
Gross
Refunds
Net
Net
income
taxes
Employment taxes and contribution
Old-age, disability, and
hospital insurance
- Gross
1971........................
1972........................
1973........................
1974........................
1975........................
1976........................
T .Q.........................
1977........................
1978........................
1979........................
188,392
208,649
232,225
264,932
280,997
300,006
81,773
357,762
401,997
76,490
83,200
98,093
112,092
122,071
123,441
32,950
144,857
165,254
24,262
25,679
27,019
30,812
34,328
35,528
6,809
42,062
47,804
465,940
195,331
1980 (Est.)................
513,865
202,716
28,745
33,227
37,477
38,364
32,639
31,144
52,230
38,287
53,910
33,268
39,353
47,295
33,099
1978-Oct....................
Dec....................
1979-Jan...................
Feb...................
June..................
July...................
Oc t ....................
14,522
14,143
21,866r
23,952
34,013
27,367
958
29,293
32,070
86,230
94.737
1503,'246"
118,952
122,386
131,603
38,801
157,626
180,988
30,320
34,926
39,045
41,744
45,747
46,783
9,809
60,057
65,380
56,215
33,705
217,841
71,449
65,581
40,974
234,165
76,913
15,032
16,268
15,454
1,104
533
830
214
192
219
15,922
16,609
16,066
2,436
1,541
10,769
752
493
382
15,844
16,297
16,204
15,544
16,742
18,084
16,714
16,955
16,194
17,777
7,866
1,037
3,119
17,975
5,696
8,424
1,241
1,041
7,349
1,183
42
2,825
11,068
8,489
7,864
940
869
781
201
278
23,667
14,509
8,255
25,029
14,575
25,568
17,086
17,215
23,341
18,682
2,538
1,706
9,879
10,418
1,870
16,016
2,518
1,661
10,096
2,543
392
424
578
651
467
376
499
293
463
1,068
3,535
2,760
2,893
3,125
5,125
5,374
1,348
5,164
5,428
Refunds
518
447
479
535
360
408
283,518
41,237
45,559
54,166
65,016
74,075
78,792
21,475
90,701
102,589
118,521
305,375
137,131
519
1,684r
1,048
10,386
17,606
17,657
26,452
6,544
9,443
6,880
2,146
1,281
9,301
9,767
1,403
15,640
2,019
1,368
9,633
1,476
25,814
15,790
17,556
34,796
15,978
41,208
19,105
18,583
32,975
20,158
8,390
11,529
9,446
11,965
12,925
9,312
8,784
13,217
10,087
7,957
26,785
32,166
36,-153
38,620
40,621
41,409
8,460
54,892
59,952
113,015
126,903
139,153
157,571
163,007
172,204
47,175
212,512
240,940
5,771
65,677
5,926
71,210
-
400
518
636
Net
40,719
45,111
53,687
64,481
73,715
78,384
21,475
90,310
102,071
117,884
136,612
6,544
9,443
6,880
-
_
-
636
_
-
8,390
11,529
9,446
11,965
12,925
8,675
8,784
S, 784
10,087
7,957
Social insurance taxes and contributions - Continued
Employment taxes and' contributions - Con.
Fiscal year
or month
Railroad retirement accounts
Gross
1971........................
1972........................
1973........................
1974........................
1975........................
1976........................
1977........................
1978........................
1979........................
1980 (Est.)................
1978-Oct....................
Dec....................
1979-Jan....................
Feb....................
M a r ....................
A p r ....................
June...................
July...................
Au g ....................
Sept...................
Refunds
Net
Net
employment
taxes and
contributions
980
1,008
1,189
1,411
1,489
1,525
328
1,908
1,822
2,190
*
1
1
*
*
*
*
*
1
*
2,190
120,074
2,539
*
140,006
51
319
179
-*
*
*
2,539
51
319
179
49
322
190
79
324
21
*
*
73
360
223
55
981
1,009
1,190
1,412
1,490
1,525
328
1,90*
1,823
41,699
46,120
54,876
65,892
75,204
79,909
21,803
92,210
103,893
Unemployment insurance
Gross
3,j682
4,370
6,070
6,863
6,804
8,085
2,704
11,347.
13,892
Refunds
Net
Federal
unemployment
supple
insurance
mentary
medical
insurance
Net contributions for other
JInsurance and retirement
Federal
employees
retirement
Other
retirement
Total
8
13
19
26
33
32
6
36
42
3,674
4,357
6,05^
6,837
6,771
8,054
2,698
11,312
13,850
1,253
1,340
1,427
1,704
1,901
1,937
539
2,193
2,431
1,916
2,058
2,146
2,302
2,513
2,760
706
2,9154
3,174
37
39
41
45
52
54
13
15,438
51
6,595
9,762
7,059
61
2
2
1
15,387
16,140
722
1,662
174
2,636
2,909
207
212
209
3,428
3,472
276
282
269
66
15,916
723
1,664
176
8,439
11,850
9,636
12,044
13,250
8,696
479
1,287
204
1,623
4,872
197
i
1
6
15
8
8
478
1,286
198
1,608
4,864
188
229
215
225
223
219
214
2m
*
49
321
190
79
324
20
258
307
284
315
270
5
5
8
6
3
7
512
478'
540
513
538
491
*
-*
-*
*
72
360
223
55
8,857
13,577
10,310
8,013
1,207
2,849
157
842
3
3
2
1
1,204
2,847
154
840
224
425
34
246
276
309
304
278
4
6
6
6
504
740
344
530
-
59
62
66
5
5
5
3,207
3,437
3,614
4,051
4,466
4,752
1,258
5,167
5,668
6,130
6,454
488
499
483
4
Treasury Bulletin
.FEDERAL FISCAL OPERATIONS.
Table FFO-2. - Budget Receipts by Source—Continued
(In millions of dollars)
Social insurance
taxes and
contributionsContimed
Excise taxes
Miscellaneous
Net
social
insurance
taxes and
contri
butions
Fiscal year
or nfonth
Gross
Refunds
Airport and airway trust fund
Net
Gross
Refunds
Highway trust fund
Net
Gross
Refunds
Net
197 1
197 2
197 3
197 4
197 5
197 6
T.Q.......
197 7
197 8
48,578
53,914
64,542
76,780'
86,441
92,714
25,759
108,688.
123,410
10,643
10,562
9,995
9,884
9,550
10,753
2,564
9,796
10,203
133
1,056
158
141
150
141
44
148
149
10,510
9,506
9,836
9,743
9,400
10,612
2,520
9,648
10,054
564
650
760
842
964
940
277
1,193
1,328
563
649
758
840
962
938
277
1,191
1,326
5,664
5,635
5,818
6,384
6,334
5,565
1,677
6,844
7,042
123
313
153
123
146
152
1
135
137
197 9
1980 (Est.)
1978-Oct....
Nov....
Dec....
5,542
5,322
5,665
6,260
6,188
5,413
1,676
6,709
6,904
141,591
161,321
7,805
11,923
7,716
9,978
9,275
896
882
872
169
152
14
15
10-
9,808
9,123
882
868
861
1,528
1,619
123
141
125
1,526
1,617
123
140
7,322
133
136
7,189
7,466
611
688
591
1979-Jan....
Feb....
M ar . ...
Apr....
May....
June...
July...
Aug....
Sept. •.
Oct....
9,429
13,614
10,373
14,165
18,652
9,375
10,566
17,164
10,809
9,384
811
718
804
874
851
684
952
672
960
838
795
751
746
861
840
671
937
657
941
821
117
108
112
125
122
133
144
143
134
129
117
108
112
125
122
133
144
143
134
129
17
+33
58
13
11
13
15
16
19
17
Excise taxes - Continued
Fiscal year
or month
197 3
197 4
1975....................
1976....................
1977....................
1978....................
1979.****............ .
1980 (Est.),...........
1978-Oct..............
D e c..............
1979-Jan..............
M a r ..............
Sept......... .
12‘
5
Refunds
Net
Gross
Refunds
Net
Gross
Refunds
Net
16^614
15,477
16,260
16,844
16,551
16,963
4,473
17,548
18,376
3,784
5,490
4,976
5,101
4,688
5,307
1,485
7,425
5,381
3,735
5,436
4,917
5,035
4,611
5,216
1,455
7,327
5,285
5,411
5,709
2,657
3,394
3,308
3,444
3,782
4,209
1,243
5,287
6,729
7,640
8,642
66
107
120
110
106
134
31
137
156
2,591
3,287
3,188
3,334
3,676
4,074
_
_
_
-
~
“
-
*-
~
92
-
222
249
19
17
20
18,745
21,610
5,519
6,111
49
54
59
66
77
91
31
98
96
109
100
1,635
1,712
1,597
487
469
395
10
9
9
477
460
386
20
14
20
17
14
14
17
31
18
18
1,520
1,436
1,434
1,529
1,601
1,464
1,659
1,497
1,660
1,547
489
441
455
332
569
422
475
539
445
535
4
15
6
8
10
8
12
6
11
9
485
426
449
323
559
414
463
533
434
526
92
222
249
19
17
20
20
14
20
17
14
14
17
31
18
18
588
564
555
526
625
646
560
667
567
579
23
12
85
2
12
Net miscellaneous receipts
Customs duties
Net
excise
taxes
~
-1
588
587
567
611
627
658
560
668
567
579
Black lung disability
trust fund
—
Gross
1971....................
Estate and* gift taxes
7,602
611
686
591
Deposits of
earnings by
Federal
Reserve
banks
All
other
Total
325
3,858
380
3,633
426
3,921
523
5,369
935 U
6,711
2,576 3/ 8,026
112
1*613
623
6,531
772
7,413
910
9,237
1,278
10,428
201
195
5,150
6,573
7,439
8,143
3,533
3,252
3,495
4,845
5,777
5,451
1,500
5,908
6,641
8,327
8,600
633
657
613
12
11
19
621
646
594
548
734
674
53
96
58
602
829
732
645
540
633
644
663
656
663
708
583
673
15
13
12
21
18
20
16
19
24
27
630
527
621
623
645
637
647
689
559
646
410
748
637
730
7*9
750
737
808
801
745
76
97
74
64
103
61
91
78
58
93
486
846
712
794
852
811
828
886
859
838
1 ,2 1 2
—
Source:
Monthly Treasury Statement of Receipts and Outlays of the
United States Government.
Note: Budget estimates for net receipts are based on the revision io f the
Mid-Session Review of the 1980 Budget released on July 31, 1979. Est imates in detail are not available and are based on the 1980 Budget
If
of the U.S. Government, released January 22, 1979.
Includes individual income taxes designated for the Presidential
election campaign fund. Prior to February 1974, these taxes were
2/
3/
^
*
included in "Other".
Includes $442,615 thousand in fees for licenses to import petroleum
and petroleum products.
Includes $1,670 million in fees for licenses to import petroleum
and petroleum products.
Lun§ Disabilitv Trust Fund was formally created on April
1, 1978 pursuant to the Black Lung Benefits Revenue ’
Act of 1977"
(Public Law 95-227).
Less than $500,000.
...•-»
BUDGET RECEIPTS BY SOURCE
Fiscal Years 1971-1980
$Bil.
.■I
m
i
■
r 111 n _
500- TOTAL
400
-
w
160
71
72
73
74
75
76
TQ
77
73
79
80
: Monthly Treasury Statement of Receipts and Outlays of the U.S. Goveri
JJ Includes estate and gift taxes, customs duties, and miscellaneous receipts.
m
Social Insurance Taxes
- and Contributions
m
-
6
Treasury Bulletin
.FEDERAL FISCAL OPERATIONS
Table FFO-3. - Budget Outlays by Agency
(In millions of dollars)
Executive.
Funds ap
Office
propriated
of the
to the
President
President
Defense Department
Legis
lative
branch
The
judi
ciary
197 1
197 2
197 3
197 4
197 5
197 6
T.Q........
197 7
197 8
197 9
1980 (Est.)
384
487
540
625
726
779
225
976
1,049
1,077
1,289
142
173
183
205
284
325
85
392
435
480
586
47
55
49
75
93
79
16
73
75
80
92
2,487
4,450.
2,537
7,496
8,560
10,943
10,028
9,767
9,725
12,796
3,850
16,738
20,368
20,634
18,351
1978-Oct...
Nov...
Dec...
104
78
86
1
49
30
6
6
4
273
-168
273
1,696
2,654
2,859
487r
476
418
1979-Jan...
Feb...
Mar...
Apr...
May...
June..
July..
Aug...
Sept..
Oct...
92
79
89
87
90
95
96
97
84
89
35
78
42
53
33
32
38
55
34
56
8
4
6
12
5
6
356
335
502
127
557
79
-524
396
348
878
3,352
1.712
1,724
1,999
1,178
550
1,093
913
904
1.712
355
315
299
288
323
301
276
258
278
346
Fiscal year
or month
Fiscal year
or month
Labor
Departnent
197 1
197 2
197 3
197 4
197 5
197 6
T.Q.........
197 7
197 8
7,923
10,033
8,639
8,966
17,649
25,742
5,905
22,374
22,896
197 9
1980 (Est.)1978-Oct..
Nov..
Dec..
1979-Jan..
Feb..
Mar..
Apr..
May..
June.
July.
Aug..
Sept.
Oct..
Agricul
ture De
partment
4,540
4,269
3,733
4,015
3,572
3,525
1,221
Treasury
Department
transpor
State
Depart tation
Cnteres t1
)epartment
>n the
Other
aent
public
V
lebt 4/
22,650
2o,358
1,311
1,465
1,637
468
568
591
730
844
1,061
316
1,076
1,252
1,548
1,905
153
136
30
7,247
7,531
8,183
8,112
9,247
11,936
3,003
12,514
3 3,452
15,486
16,369
1,649
1,293
1,192
2,043
1,895
2,321
1,973
1,990
1,824
2,097
2,240
1,855
1,701
107
139
116
116
96
82
102
348
122
255
1,295
934
1,193
1,181
1,149
1,176
1,443
1,518
1,462
1,746
Commerce
Depart
Military
ment
.,188
.,250
.,36$
.,455
.,583
1,020
53*
!,607
i,239
>,072
),289
74,546
75,150
73,297
77,625
85,420
88,036
21,926
95,650
103,04*!
115,013
127,400
9,160r
9,224
9,383
9,218
8,9.20
9,979
9,329
9,830
9,838
10,256
10,547
9,353
10,180
Civil
Housing &
Health,
Energy
Education, Urban De
Department
& Welfare velopment
1/ 2/
Department Department
1,376
1,530
1,703
1,682
2,051
2,124
583
2,280
2,553
2,908
3,041
2,439
2,545
2,558
2,493
3,524
3,688
1,000
5,252
6,286
7,889
9,351
225
1,256
-2,236
-4,881
2,162
2,293
788
3,152
3,821
4,087
3,781
916
1,180
1,531
1,797
2,067
2,242
551
2,350
2,397
2,522
2,516
758r
502
844
204r
310
266
210
255
176
246
465
264
299
488
207
264
503
458
332
229
183
210
203
237
203
210
215
191
255
14,103
14,512
15,017
2i8
170
177
197
212
246
282
305
347
348
571
683
771
589
710
755
650
743
685
496
14,416
14,584
15,762
14,728
15,384
15,282
15,054
25,930
6,413
16,389
National
Aero
nautics
and
Space
Admin.
Veterans
Adminis
tration
701
763
1,114
2,032
2,530
3,118*
1,108
4,365
4,071
4,800
4,7b4
501
589
468
-276
-624
-92
3
-31
83
173
133
3,381
3,422
3,311
3,252
3 r>267
3,670
953
3,944
3,980
4,18'7
4,/92
9,756
10,710
11,968
13,337
16,575
18,415
3,957
18,019
18,962
19,887
20,826
20,959
21,849
24,167
29,319
32,665
37,063
8,102
41,900
48,695
59,837
67,600
3,822
4,146
8,138
31
275
6,792
6,674
8,605
7",256
1,584
8,484
7,660
4,759
3,089
1,946r
-156
-659
392
342
367
-161
75
116
300
350
333
j.,645
1,665
2,648
4,112
4,320
4,281
4,385
4,663
8,638
4,301
4,671
4,360
4,653
956
150
118
1,978
55
-434
1,256
-89
-329
1,582
430
366
379
374
396
414
456
461424
521
-192
37
128
-147
91
112
-56
81
90
-166
354
365
389
198
366
389
341
413
387
384
754
1,620
2,715
837
1,691
2,495
664
2,556
597
1,807
Source:
Monthly Treasury Statement of Receipts and Outlays of the United
States Government. Budget estimates are based Qn the revision of the
Mid-Session Review of the 1980 Budget released on July 3T , 1979 .
Note: Outlays consist of disbursements less proprietary receipts from
the public and certain intrabudgetary transactions. Agency shifts are
shown in this table beginning with the period of such shifts: figures
prior to the shifts have been adjusted.
1/ Pursuant to Public Law 95-91, as of October 1, 1977, all functions of
the Energy Research and Development Administration, Federal Energy
Administration, and Federal Power Commission, and certain functions
>,890
$,642
*,592
>,786
7,475
7,079
L,394
>,838
',589*
9,218
3,772
530r
638
677
General
Services
Adminis
tration
Justice
Depart
ment
61,866
71,779
82,042
93,735
112,411
128,785
34,341
147,455
162,856
181,186
202,216
223
289
245
Environ
mental
Protection
Agency
Interior
liepartment
2/ 3/
Other
independ
ent
agencies
2/
8,715
9,878
11,832
13,988
18,433
19,003
5,851
19,884
25,396
26,682
29,442 6/
807
622
831
552
818
933
779
.,009
826
,163
Jndistributed Offsetting
leceipts 3/ 5/
Rents and
Royalties
on the Outer
Continental
Shelf lands
Total 6/
Other
-2,428
-2,662
-1,311
-2,374
-2,259
-3,267
-2,265
-7,376
-*7,858
-8,379
-9,893
-11,670
-12,042
-1,255
-12,679
-13,514
-15,222
-16,392
4 #331r
1,706
2,180
-95
-117
-143
-302
-595
-4,727
1,849
1,295
2,033
2,057
2,012
2,392
2,148
2,205
2,384
3,795
-147
-958
-116
-116
-154
-118
-387
-316
-600
-138
-369
-573
-487
-548
-601
-4,812
-366
-787
-1,055
-584
-
‘ 211,425
232,021
247,074
269,620
326*185
366,439
94,729402,725
450,836
493,221
547,092
42#745r
39,134
41,392
41,095
37,739
43,725
40,752
41,618
40,687
40,482
54,279
29,625
47,807
erf interior (Bonneville 'Power Administration, and other- £>ower adminis
trations), certain other departments, and the Interstate "Commerce
Commission were transferred to the Energy Department.
2/ Cumulative year to date figures may not add due to budget realigments.
3/ Prior to January 1975, Rents and royalties on the Outer Continental
Shelf lands were shown as proprietary receipts from the public for the
Interior Department. To conform with the FY 1976 Budget Document's
presentation, these amounts were reclassified and are now being shown
as undistributed offsetting receipts.
4/ Reported on an annual basis.
5/ For content see Table FF0-4. f j
Includes undistributed allowances.
Revised.
December 1979
7
TTF.nF.B AT. FISCAL OPERATIONS
Table FFO-4. - Undistributed Offsetting Receipts
(In millions of dollars)
, Federal employer contributions to retirement funds
Office of
Personnel
Management
Health, Education,
and Welfare Dept.
Fiscal year
or month
Federal Old-Age,
Disability, and
Hospital Insurance
Civil Service
Retirement and
Disability Fund
Interest credited to certain Government accounts
Defense
Department
Other
1/
Total
Soldiers' &
Airmen's
Home
Permanent
Fund
1,876
2,018
2,101
1,756
1,918
2,080
592
2,192
2,427
2,511
8
9
10
652
980
1,024
99
1,204
1,170
2,611
2,768
2,927
3,319
3,980
4,242
985
4,548
4,863
3
3
3
4
7
6
1
6
6
1979..................
727
742
816
911
1,082
1,138
294
1,152
1,266
1,342
1,417
1980 (Est.)...........
1,428
2,645
1,408
5,271
5,476
1978-Oct..............
98
102
103
42
210
350
59
50
53
199
364
508
109
112
117
107
119
118
117
122
118
108
214
187
176
251
200
206
198
353
125
303
55
63
89
69
50
60
58
90
718
59
378
362
383
427
369
384
373
565
960
470
1971..................
1972..................
1973..................
1974..................
1975 ........ :........
1976..................
1977..................
1978..................
1979-Jan..............
Feb..............
Mar..... ........
Apr...........
July.............
Interest credited to
Fiscal year
or month
Trans
portation
Department
Labor
Department
Unemploy- Blaefe Xung
nent
Disability
Trust Fund Trust Fund
1971.................
1972................
1973................
1974..................
1975..................
1976..................
1977..................
1978..................
637
496
487
650
639
283
55
232
266
1979..................
1980 (Est.)...........
503
545
1978-Oct..............
-13
33
194
1979-Jan..............
Feb..............
Mar..............
-36
37
17
-2
39
215
-35
38
15
-19
July.............
Aug..............
_
1
*
*
*
*
*
*
*
*
-
-
Highway
Trust
Fund
Government
Life
Insurance
Fund
Federal
Hospital
Insurance
Trust Fund
Federal
Supplementary
Medical
Insurance
17
29
43
77
104
104
4
132
229
8
183
190
198
406
607
708
5
770
780
868
7
1,660
402
1,063
336
58
80
730
4
7
112
4
9
398
7
4
144
11
77
34
57
55
683
13
89
32
59
2
12
5
8
7
128
2
13
3
5
7
4
9
5
13
410
4
2
4
7
2
3
10
7
14
161
2
4
4
4
_
-
2
-
2
-
2
€
362
certain Government accounts - Continue d
Office
of
Personnel
Management
National
Service
Life
Insurance
Fund
Railroad
Civil Service Retirement
Retirement and Board
Disability
Fund
271
292
309
338
368
398
8
433
460
1,232
1,464
1,566
1,838
2,136
2,463
71
2,841
3,356
853
918
34
30
*
*
17
*
*
*
*
*
17
*
*
*
*
529
516
1
*
255
*
3
*
2
*
26$
*
3
*
1
4,053
4,910
16
65
1,792
Sources
Monthly Treasury Statement of Receipts and Outlays of the United
States Government.
Note: Budget estimates are based on the revision of the Mid-Session
Review of the 1980 Budget released on July-31, 1979 .
3
57
14
23
74
1,937
3
56
13
20
Rents and
royalties
on the Outer
Continental
Shelf lands
1/
Other
2/
Total
1/
251
258
262
257
274
246
16
230
209
192
14
12
23
40
130
162
3
213
246
4,765
5,089
5,452
6,574
7,690
7,800
270
8,131
8,651
2,428
2,662
1,311
2,374
2,259
325
211
7
15
81
*
11
5
5
14
47
-1
6
2
9
342
2
3
139
*
3
1
4
3
160
2
4
5
4
9,951
10,916
103
231
4,219
3,267
2,265
95
117
143
-9
211
104
121
232
4,429
-7
222
95
114
147
958
116
116
154
118
387
316
600
138
_
_
_
Grand
Total
7,376
7,858
8,378
9,893
14,098
14,704
2,567
15,053
15,772
18,489
18,657
397
713
4,870
516
1,530
603
664
755
4,931
753
1,103
1,655
722
foreign service retirement and disability fund, and Airport and Airway
trust fund.
3,/ Prior to January 1975, Rents and Royalities on the Outer Continental
1/ Includes receipts from off-budget Federal agencies to the Civil Service
Retirement and Disability Fund as of May 1974.
2/ Beginning fiscal 1974, includes adjustments of interest on public debt
issue to convert to the accrual basis. Also includes Indian tribal
funds, Interior Department, Judicial survivors annuity fund, State,
Federal
Disability
Insurance
Trust Fund
324
388
435
479
512
467
13
374
249
3P3
31
32
31
31
31
31
*
32
32
2
4
6
11
12
405
3
8
15
24
Federal Old-Agfe
and Survivors
Insurance
Trust Fund
1,617
1,718
1,848
2,039
2,296
2,346
80
2,275
2,153
1,919
184
206
247
415
586
587
13
593
662
16
16
355
Health, Education, and Welfare Department
*
Shelf Lands were shown as proprietary receipts from the public for
the Interior Department. To conform with the FY 1976 Budget Docu
ment' s presentation, these amounts were reclassified and are now
being shown as undistributed offsetting receipts. As a result, the
detail will not add to the Fiscal Year 1974 totals.
Less than $500,000.
00
Table FFO-5. - Budget Outlays by Function
(In millions of dollars)
Fiscal 1979
F.Y, 1980
Function
Nov.
De’
c.
Jan.
Feb.
9,300
-123
21
9,437
-182
-10
9,307
149
-5
9,438
-134
*
9,197
9,239
9,450
1,135
-748
-63
1,096
-1,143
-*
324
368
-1
Oct.
May
July
Mar.
Apr.
June
8,838
-31
-3
10,166
-8
1
9,430
20
-11
10,047
-88
6
10,050
-79
3
10,405
-1
-6
9,304
8,803
10,159
9,439
9,965
9,973
1,305
-965
-*
1,489
-939
-*
797
-337
-*
1,663
-767
-*
1,143
-736
-*
1,145
-402
-*
1,454
-972
-47
339
550
460
896
407
743
482
412
-*
407
-*
421
-1
422
-*
465
-7
256
-*
442
-*
461
-*
442
Aug.
Comparable
period
fiscal
1979
Sept.
Oct.
10,727
-72
2
9,228
-13
-15
10,587
-150
11
9,300
-123
21
10,397
10,657
9,200
10,448
9,197
557
-985
-*
1,211
-263
-4
1,847
-1,014
-85
1,529
-223
-43
1,135
-748
-63
944
748
1,263
324
433
*
504
-*
965
-*
452
-1
368
-1
46l”
433
503
965
451
367
National defense
Total...................................
International affairs
Total...................................
General science, space, and technology
Proprietary receipts from the public......
367
412
407
421
422
459
256
881
-67r
814r
837
-45
792
794
-46
747
689
-67
622
955
-51
904
761
-61
700
727
-62
665
827
-90
737
881
-92
789
803
-90
713
923
-135
-
618
-154
-5
88
-36
-
881
-67
789
459
52
814
1,055
-164r
-7
1,137
-241
-7
1,487
-353
-9
1,158
-189
-16
977
58
-5
1,041
-175
-11
1,120
-151
<s*3
1,188
-283
-5
1,330
-169
-8
1,4161
238
-8
1,457
-202
-21
1,663
-216
-15
1,055
-164
-7
884r
889
1,125
953
1,030
855
965
1,113
-136
-8
169
1,154
1,646
1,234
1,433
884
927
22
1,396
-24
1,669
13
1,761
-6
756
6
502
-45
524
-22
46
23
-462
-63
-350
-19
-1751
—39J
-178
149
475
-73
927
22
949
1,372
1,681
1,755
762
457
502
69
-525
-369
-215|
-28
402
949
2,113r
-2
-*
42
-2
-*
311
-2
-*
111
-2
-*
-552
-2
-*
177
-3
-*
102
-2
-*
19
-2
-*
97
-2
175
-2
-*
62
-3l
-*
-44
-2
-*
2,080
-3
-*
2,113
-2
-*
2,110r
41
309
109
-553
174
100
16
95*
173
59'
-46
2,078
2,110
1,700
-4r
-*
1,424
-10
1,378
-4
-*
1,425
-6
-*
1,108
-13
-*
1,256
2
-*
1,257
-6
-*
1,332
-5
-1
1,343
-3
-*
1,556
-4
-*
1,595
-4
-2
2,031
-37
-72
1,700
-4
-*
1,695
1,414
1,374
1,419
1,095
1,257
1,251
1,326
1,340
'
1,552
— i— —
1,713,
-11
-1!
1,702
1,589
1,923
1,695
Energy
Total...................................
Natural resources and environment
Total...................................
900*
Agriculture
Total...................................
Commerce and housing credit
Total...................................
'
Transportation
Intrabudgetary transactions............ r.
a*
1
Footnotes at end of table.
t
S-
Table FFO-5. - Budget Outlays by Function—Continued
(In Millions of dollars
7
I?.Y. 1980
Fiscal 1979
Function
Oct.
Nov.
Jan.
Dec.
Mar.
Feb.
Apr.
Community and regional development
June
July
Aug.
Sept.
Comparable
period
fiscal
1979
VO
8^3
-81
-9
294
609
828
651
857
852
784
977
896
943
1,098
17
-10
25
-8
-38
-16
-19
-30
-66
-4
62
-2
-63-19
-11
-34
109
-1
-311
-2
-148
-9
941r
991
-71
-10
910
753
800
625
773
602
787
912
702
933
1,003
630
941
2,145r
-1
•2,246
-2
2,209
2
2,470
-2
2,076
-1
2,587
-8
2,595
-*
2,560
-1
2,193
-1
2,473
-1
2,349
-8
2,331
-1
2,145
-1
2,144
2,244
2,210
2,467
2,075
2,578
2,595
2,559
2,193
2,472
2,647
-2,
2,6451
2,341
2,330
2,144
4,551r
-4
-522
4,506
1
-550
5,5^0
-5
-798
4,748
3
-602
4,446^
-550
5,542-34
-1,277
4,631
■
*1
-569
4,826
" -6
-561
4,806.
2
-541
4,680
1
-573
5,243
-6
-605
4,672
3
-566
4,499
594
-431
4,551
-4
-522
4,025r
3,957
4,717
4,149
3,894
4,231
4,060
4,258
4,268
4,108
4,632
4,109
4,662
4,025
12,146r
-*
-317
12,369
-*
-11
13,227
-*
-759
12,469
12,961
-*
-2
13,301
-*
-2
14,418
-*
-3
13,346
-*
-30
15,275
-*
-1,681
13,830
-*
-161
23,878j
-*
-219
4,842
-*
-296
14,526
-*
-48
12,146
-*
-317
GO
12,959
13,300
14,415
13,316
JL3,889
-*
-301
13,588
13,595
13,669
23,659
4,546
14,477
11,828
>
l,098r
Intrabudgetary transactions...............
May
Oct.
-148
-9
VO
Education, training, employment, and
social services
Health
Income security
s
M
tr*
U,828r
12,358
O
t"1
Veterans benefits and services
1,690
-43
-*
1,706
-39
-*
2,692
-42
-*
806
-49
-*
1,663
-41
-*
2,765
-48
-*
883
-43
-*
1,746
-51
-*
2,540
-42
-*
714
-48
-*
2,605
-46
-*
639
-40
-*
1,856
-46
-1
1,690
-43
-*
1,647
1,667
2,650
757
1,622
2,717
840
1,694
2,497
667
2,559
599
1,809
1,647
328
-1
396
-4
.
310
-1
342
-1
.
352
-*
347
-1
371
-3
-
372
-7
-
316
7
-
336
-*
-
398
-1
-
285
-5
-
328
392
309
341
352
347
369
364
323
336
397
281
462
-2
"
460
328
-1
“
328
840
8r
-9
838r
236
-26
-14
505
-221
-15
179
248
-34
342
-21
-21
497
-12
-50
343
-18
-20
459
5
-10
425
-38
18
336
47
-17
467
-22
-13
9,188
-23
-8.833
231
-15
-7
840
8
-9
196
269
392
300
435
305
454
405
365
432
333
209
838
8,896
-22
-6,855
160
_
?9
1,754
-
81
.
67
-
1,752
.
-
160
-
76
-
1,800
-
53
-
131
_
-
1,842
-20
-
8,896
-22
-6,855
2,019
160
79
1,754
81
67
1,752
160
76
1,800
53
131
1,822
2,019
3,587
-148
-409
3,932
-32
-50
7,797
-144
-282
3,793
-135
-798
4,189
-88
-3
3,895
-82
-6
4,122
-100
-28
4,340
-88
-11
8,199
-79
-287
3,930
-152
-287
4,385
-119
-26
4,295
-188
-25
3,587
-148
-409
3,030
3,850
7,372
2,860
4,098
3,807
3,993
4,241
7,834
3,491
4,240
3,994
-107
-68
3,818
4,082
3,030
-397
-713
-4,870
-516
-1,530
-603
-664
-755
-4,931
-753
41.392
42.745r ,39,134
Source: Monthly Treasury Statement of Receipts and Outlays of the
United States Government.
*
Less than $500,000.
r Revised.
41.095
37.739
43.725
40,752
41,618
40,687
40,482
-1,355
54,279
29,625
-722
47,807
-397
42;745
Administration of iustice
-
-
-
O
«
W
>
H
►— i
o
2
03
General government
Outlays....................................
General purpose fiscal assistance
-
-
-*
-
-
-
Interest
Undistributed offsetting receipts..........
VO
10
Treasury Bulletin
FEDERAL FISCAL OPERATIONS,
Table FFO-6. - Investment Transactions of Government Accounts in Federal Securities (Net)
(In millions of dollars)
Health, Education, and Welfare Department
Federal
Federal
Supple
Hospital mentary
Insurance Medical
Trust Fund Insurance
Trust Fund
Federal
Old-Age and
Survivors
Insurance
Trust Fund
Federal
Disability
Insurance
Trust
Fund
1971.................
1972.................
1973.................
1974.................
1975.................
1976.................
T.Q..................
1977.................
1978........ :........
1979.................
W 8 0 (Est.)......... ;
1,274
1,827
2,298
2,217
2,175
-1,924
-913
-1,645
-4,443
-3,S3£
-1,265
1,263
934
792
391
-37
-1,227
-477
-2,211
110
1,230
1,782
377
-146
1,338
3,642
1,897
1,181
67
-36
784
1,406
3,508
1978-Oct.............
-2,307
80
-1,195
-297
-167
319
-1,296
1,543
-770
1,428
2,622
-2,948
-1,678
348
534
-2,331
-30
-5
353
391
72
398
-185
-294
674
-163
Fiscal year
or month
1979-Jan.............
Feb.............
July............
Sept........ .
Oct.......... .
Other
Federal
Housing
Adminis
tration
244
221
222
531
148
-148
14
988
1,789
-1
-•*
*
*
1
1
128
109
31
63
200
118
28
190
100
953
223
1
-
1M
154
-486
-355
510
1
-37
358
*
-79
12
1,042
-130
37
484
-447*
,411
407
-235
212
10
115
53
-26
193
78
31
-36
-41
*
*
*
*
*
Transportat ion
Department
Fiscal year
pr month
1971..................
1972..................
1973..................
1974..................
1975..................
1976..................
Airport
Highway
and
Trust Fund
Airway
Trust Fund
_
Housing and. Urban Development Department
National
Service
Life In
surance
Fund
-
108
68
45
4
10
-13
51
4,276
3,300
-1
•v
-15
5
24
5
52
-17
7
-1
5
_
_
-11
984
-496
8
1
13
11
46
4
-6
5
-34
-5
60
51
-72
15
12
28
-38
51
-29
-19
16
33
-1
2
3
3
1
6
3
5
4
6
6
-777
243
-1,042
529
4,007
-633
349
1,901
-778
39
14
-6
-27
-4
Other
Office
of
Personnel
Management
Federal
Deposit
Insurance
Corpora
tion
2,932
3,123
3,337
3,669
4,635
5,253
-755
7,428
7,134
8,220
8,898
180
438
537
225
404
470
-128
855
569
1,220
1,192
196
148
257
378
‘ 316
368
135
424
404
489
506
_
_
Federal
Savings
and Loan
Insurance
Corpora
tion
-
_
-5
25
_
.
_
Postal
Service
2,511
1980 (Est.)...........
773
1,162
207
197
1978-Oct.............
38
60
171
-19
-22
230
-5
-4
45
-465
-305
1,279
41
131
7
19
110
10
1,904
-35
108
1979-Jan.............
Feb.............
Mar.............
43
70
68
62
69
217
-80
47
-73
65
-163
93
302
161
143
115
66
168
468
-180
-31
-251
-415
-47
485
965
20
29
26
30
27
42
*
40
54
33
37
-36
-12
-34
-45
-25
232
-22
-24
-18
-40
-9
-4
-5
-9
-5
45
-6
-4
-7
-6
-413
-349
-324
-447
-274
1,377
-479
-338
8,959
-422
109
490
34
46
148
-3
9
192
17
16
41
104
24
25
-12
19
30
100
19
-22
55
130
-226
37
-191
70
44
-198
-1,182
1,711
Source:
Monthly Treasury Statement of Receipts and Outlays of the United
States Government. Budget estimates are based on the 1980 Budget of
the U.S. Government, released January 22, 1979,
2
5
9
15
8
7
-47
_
-
_
_
_
_
_
_
-10
83
62
272
178
111
215
25
219
268
Oct.............
Other
-1,747
-1,428
1,144
1,165
-4,938
-2,373
104
1,073
3,530
1,380
1,201
353
-566
-920
56
40
525
-282
June............
July............
Unemploy
ment Trust
Fund
14
1
6
5
-8
12
2
-3
-36
1,033
822
1,094
2,049
1,937
-505
-79
1,127
1,499
891
-38
-1
-3,123
2,722
-327
416
454
120
884
221
Other
-6
-8
-4
1
12
29
2
17
37
878
1,058
593
183
534
441
691
1977..................
1978..................
Labor Department
197
-202
299
184
223
261
27
-95
-313
Veterans
Administration
Treasury
Department
Government National Federal
Mortgage Assn.
Insurance
' Partici
Adminis
pation
tration
Other
Sales
Fund
Railroad
Retire
ment
Board
-*■
_•*
_•*
_
_
7
-1
-1
_*
_
_
-1
All
other
Total
-9
-110
24
-60
-290
-246
-660
-171
-104
-23
-30
-145
26
67
110
165
2,030
-1,682
145
191
393
709
19,685
20,770
51
-1
-53
-328
-11
-121
-323
46
1,184
-343
38
-161
-367
95
-15
12
-1,642
1,060
2,599
72
-9
1
28
-1
26
138
9
39
88
-2,273
2,405
-3,858
4,387
6,368
1,484
-2,338
2,378
9,116
-1,968
1,370
-280
-292
-90
125
599
-160
450
518
-485
Note: Figures may not add due to rounding.
*
Less than $500/000.
7,417
8,420
11,821
14,813
7,031
4,341
-3,514
9,243
12,181
Table FFO-7. - Trust Funds Transactions October 1, 1979 through October 31, 1979
(In millions of dollars)
Outlays
Receipts
Classification
(trust funds)
Trust
Total in interfund
and pro
trust
prietary
funds
receipts
1/
(1)
(2)
Unified
Interfund budget
Receipts trans
receipts
of trust actions
attrib
funds
utable
2/
to trust
funds
3/
(4)
(3)
Total in
trust
funds
(5)
(6)
(7)
Federal old-age and survivors
Federal supplementary medical
insurance.........................
Federal employees retirement.......
Federal employee life and
health benefits...................
Trust
inter
fund
trans
actions
Propri
etary
receipts
from the
public
Outlays
of trust
funds
(8)
(9)
Federal
payments
and con
tribu
tions
(10)
VO
Interfund transactions
Interest
and prof
Federal
employer its on
Other
invest
contri
ments in
butions
Federal
securities
(11)
(13)
(12)
Total
(14)
Unified
•budget Excess of
outlays receipts,
attrib or outlays
utable
(-)
to
trust
funds
(16)
(15)
5,704
*
5,704
135
5,569
*
8,085
*
76
59
_
135
7,950
-2,381
-*
1,012
18
995
8,085
1,200
_
1,012
-
-*
1,200
-
13
5
-
18
1,183
-188
1,420
*
1,420
26
1,394
1,875
-
*
1,875
-
19
7
-
26
1,849
-455
681
*
681
435
246
878
_
*
878
431
_
435
443
-197
712
*
712
428
284
1,174
*
-
1,174
2
428
746
-462
-*
_
_
_
_
_
-*
*
-16
_
_
_
_
_
-16
67
16
62
.
Federal Deposit Insurance
.
-*
_
131
-
-
_
_
362
4
21
44
_
.
-16
2
129
-
69
-
-
69
-
-
2
-
2
-
1,715
-
-
1,715
-
-
-
-
1*715
-1,715
-
25
973
-394
19
-1
_
-
131
-
603
-
603
25
579
998
-
-
998
-
-
25
64
-
-
*• 65
756
594
-
46
-
-
46
-
594
-594
64
64
9
55
379
-
162
-
-
Railroad Retirement................
162
-
18
-
-
162
46
-
65
Military Assistance Advances.......
64
-
379
-
-
9
-
9
371
-315
Unemployment........... ............
821
-
821
-19
736
736
-19
755
85
11
7
7
-
1
-
2
8
4
11
7
-31
14
43
*
31
85
39
71
3
All other Trust funds....... .......
82
71
-
-
11
-
-19
39
71
-
-
50
840
-
-6
14
Total............................
11,511
272
11,239
1,122
10,117
18,066
*
272
17,794
434
470
162
56
1,122
16,672
-6,555
Source:
Monthly Treasury Statement of Receipts and Outlays of the United
States Government.
Note: The memorandum sections of various tables in the Budget of the U.S.
Government present 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 and are excluded in cal
culating trust fund receipts and outlays. The intragovernmental trans
actions are payments from Federal funds to trust funds, and vice versa,
but exclude $7 million in trust payments to Federal funds.
1/ For content see columns (7) and (8).
2/ For content see columns (10)-(13).
3/ Includes net taxes and other receipts, mainly deposits by states and
Federal employee retirement contributions.
4/ Excludes trust fund payments to Federal funds such as charges for
administrative expenses of Social Security Act.
*
Less than $500,000.
VO
*4
H
o
H
W
$
s
CO
o
$
w
53
I— I
§
CO
12
Treasury Bulletin
___ FEDERAL FISCAL OPERATIONS___
Table FFO-9. - Detail of Excise Tax Receipts
(In thousands of dollars)
Quarter ended June
Type of Tax
Fiscal year
1978
Fiscal year
1977
Transition
year 31/
1978
1979
Alcohol taxes: 1/
3,877,986
178,638
1,342,430
3,827,460
180,676
1,398,497
3,999,566
189,535
1,423,614
954,193
42,382
356,154
881,726
43,227
345,401
5,399,055
5,406,633
5,612,715
1.,352,729
1,270,354
49,053
2,461,803
3,466
37,128
2,357,519
3,854
38,050
2,408,425
4,438
9,540
607,530
1,184
7,718
555,090
1,223
2,514,321
2,398,501
2,450,913
618,253
564,030
4,180,860
95,586
757,055
-212
360,862
133,042
12,743
22,094
31,636
24,110
4,661
4,322,077
100,929
792,957
-2,657
598,084
159,287
13,352
25,416
32,554
22,286
4,376
1.,027,747
24,526
201,638
-678
195,865
49,715
3,871
7,485
9,516
6,942
1,690
1,098,255
27,912
212,829
5
260,586
60,862
4,766
8,643
10,336
10,189
430
61,701
493
2
4,444,484
105,227
846,313
77
817,228
181,474
15,223
28,351
34,499
23,543
6,794
52,464
4
5,622,931
6,086,682
6,555,681
10,677
29,106
390,238
15
10,390
30,014
440,190
8
430,037
Tobacco taxes:1/
Manufacturers* excise taxes:
--
—
-
-
6
!
lj,528,322
1,756,513
10,954
31,289
481,427
8
1,829
6,787
119,702
-
2,533
9,294
107,697
-
480,602
523,677
128,317
119,524
1,879,268
1,708,778
1,656,736
377,320
312,259
832,218
45,795
54,196
6,425
1,046
5,117
21,601
957,251
55,147
58,296
6,563
776
6,632
22,788
1,110,613
64,011
70,488
7,300
1,048
6,637
22,609
263,876
15,859
18,159
688
197
1,465
4,648
301,736
21,202
17,985
347
43
1,979
5,719
219,912
342
28,128
62,277
59,859
310
9
95
952
950
102
712
479
232
226,209
589
38,917
80,631
78,592
212
3
103
912
809
*
2,067
1,732
16
216
1
25
237,603
704
51,909
92,419
83,950
6,110
*
79
1,014
1,265
2
2,990
2,409
46
296
18
157
31,728
194
14,677
20,677
18,705
1,858
35,979
136
18,337
18,467
17,644
52
17
-176
274
*
1,391
1,283
25
45
8
14
21
471
278
*
695
431
55
67
3
29
74
-
61
*
-
17
*
18
18
*
2
-
*
*
-
-
-
*
Retailers' excise taxes:
Noncommercial aviation fuel other than gasoline 2 / ..........
Miscellaneous excise taxes:
Transportation of:
Use tax on highway motor vehicles having a "taxable gross
Self dealing 14/...............................................
Failure to timely file certain information returns VTJ.....
-
*
Tax on excess contributions to
-
Failure to file statement required
Failure to furnish individual statement,IRC Section 6690 27/
Failure to furnish individual statement,IRC Section* 6692 28/
Failure to provide IRA reports 29 / ...........................
Taxes on lobbing expenditures 30/.............................
Other 5/....................................................,,,,,,,
.
-
_
_
_
_
_
74
_
2,335
528
713
154
*
1
-6
3,159,372
3,165,171
3,325,780
751,032
734,878
17,125,715
17,519,589
18,468,767
4 ,378,653
313,118
196,1^2
453,061
17,832,707
18,664,949
4,831,714
-
Total miscellaneous excise taxes................................
-
-
Total Federal Tax Deposits, amounts received with returns and
Unclassified excise taxes.......................................
Total excise taxes...............................................
...
275,463’
17,399,118
4,445,299
.
■..
4,731,365
December 1979
13
.FEDERAL FISCAL OPERATIONS*
Footnotes to Table FFO-9.
Source:
Internal Revenue Service reports. The figures shown include
collections for credit to special accounts for certain island
possessions. Floor stock taxes are included with the related
classes of tax.
Note: Detail may not add to totals because of rounding.
1/ Releases showing details are published quarterly.
2/ Includes taxes on cigarette papers and tubes and miscellaneous tobacco
collections.
3/ Taxes on passenger automobiles and light trucks repealed December 11,
1971 under the Revenue Act of 1971. These data reflect refunds.
4/ Includes 50 cents and 2% per ton taxes on underground mined coal and
25 cents and 2% on surface mined coal.
5/ Includes taxes on items which were repealed by Public Laws 87-456,
88-36, and 89-44, 91-513, 93-490, and 94-455.
6/ Under the Airport and Airway Revenue Act of 1970, effective July 1,
1970 rate 3 cents per gallon.
JJ Under the Airport and Airway Revenue Act of 1970, effective July 1,
1970 rate 7 cents per gallon.
8/ Rate of 5 percent effective January 1, 1977; 4 percent January 1,
1978; and 3 percent January 1, 1979. (Public Law 91-614).
9/ Under the Airport and Airway Revenue Act of 1970, effective July 1,
1970, rate increased from 5 to 8 percent on domestic airline passenger
fares.
10/ Under the Airport and Airway Revenue Act of 1970, effective July 1,
1970, rate 5 percent.
11/ Under the Airport and Airway Revenue Act of 1970, effective July 1,
1970, tax of $3.00 per person.
12/ $25 per year with an additional 2 cents per pound on nonturbine engine
powered over 2,500 pounds, or 3-1/2 cents per pound on turbine engine
powered.
13/ Tax of 4 percent of net investment income.
14/ Disqualified persons, 5 percent of amount involved; foundation mana
ger, lesser of $10,000 or 2-1/2 percent. If not corrected within 90
15/
16/
11/
18/
19/
20/
21/
22/
23/
24/
25/
26/
27/
28/
29/
30/
31/
days, 200 percent on disqualified person and lesser of $10,000 or 50
percent on foundation manager.
Foundation, 5 percent of excess holdings. If not corrected within 90
days, 200 percent.
Foundation, 10 percent of improper expenditure foundation manager,
lesser of $5,000 or 2-1/2 percent. If not corrected within 90 days,
foundation, 100 percent; foundation manager, lesser of $10,000 or
50 percent.
Penalty of $10 per day, not exceed $5,000.
Foundation, 15 percent of amount which should have been paid out. If
not corrected within 90 days, 100 percent.
An initial tax of 57„ imposed on investments which jeopardizes
foundations exempt purpose (Code Sec. 4944), 5% (not to exceed $5,000)
on managers (if applicable) or second level tax of 257« (57» on managers)
if jeopardy situation continues.
Tax of 6 percent on excess amount.
Tax of 50 percent on underdis'tribution.
Tax of 5 percent of prohibited transaction. If not corrected within
90 days, additional 100 percent tax can be imposed.
Tax of 5 percent on accumulated funding deficiency.
Tax of $1 per day up to $5,000.
Tax of $1,000 per day up to $5,000.
Tax of $10 per day up to $5,000.
Tax of $50 for each failure.
Tax of $1,000 for each failure.
Tax of $10 for each failure.
25% of taxable lobbying expenditures.
The Congressional Budget and Impoundment Act of 1974 (P.L. 93-344)
established a new fiscal period (October 1 through September 30)
effective with fiscal year 1977. For comparative purposes, data
are for period beginning October 1, 1975, through September 30, 1976.
Less than $500,000.
14
Treasury Bulletin
.FEDERAL OBLIGATIONS.
"Obligations" are the basis on which the use of funds
is controlled in the Federal Government.
They are recorded
o f categories which are based upon the nature o f 'the trans
action without regard to i t s ultimate purpose.
A l l payments
at the point at which the Government makes a firm commitment
for salaries and wages, for example,
to acquire goods or services and are the first of the four
sonnel compensation, whether the personal services are used
key events— order, delivery, payment,
in current operations or in the construction o f o a p ita l items.
consumption— which
characterize the acquisition and use of resources.
are reported as per
In gen*
eral, they consist of orders placed, contracts awarded, ser
Federal agencies and firms often do business with 6ne
vices received, and similar transactions requiring the dis
andther; in doing so, the "buying" agency records obligations,
bursement of money.
and the "performing" agency records reimbursements.
In Table
FO-1, obligations tha£ are incurred within the Government are
the obligational stage of Government transactions is p.
strategic point in gauging the impact of the Government's
distinguished from those incurred outside the Government.
Tables FO-2, 3, and k show only those incurred outside.
operations on the national economy, since it frequently rep
resents for business firms the Government commitment which
Obligation data for the administrative budget fund ac
stimulates business investment, including inventory purchases
counts were f i r s t published in the September 1967 Treasury
and employment of labor.
B ulletin and the tru st fund accounts were f i r s t published in
Disbursements may not occur for
months after the Government places its order but the order
the October 1967 B ulletin .
Beginning with the A p ril 1968
itself usually causes immediate pressure on the private
B ulletin, the data are on the basis o f the budget concepts
economy.
Obligations are classified according to a uniform set
adopted pursuant to the recommendations o f the President's
Commission on Budget Concepts.
25
December 1979
.FEDERAL OBLIGATIONS.
Table PO-L - Gross Obligations Incurred Within and Outside the Federal Government
by Object Class, July 31, 1979
__________
(In millions of dollars)___________________________________
Gross obligations incurred
Object class
Outside
Within
Total
Personal services and benefits
Personnel compensation.......
Personnel benefits..........
Benefits for former personnel.
50,684
470
9,465
Contractual services and supplies
Travel and transportation of persons.
Transportation of things...........
Rent, communications, and utilities..
Printing and reproduction..........
Other services.....................
Supplies and materials.............
2,054
1,946
3,431
524
40,266
27,237
403
1,331
3,202
480
16,857
11,033
2,457
3,277
6,634
1,004
57,124
38,270
Acq^isitj.on of cftpfrfrafl...ftgggltg
Equipment.................
Lands and structures.......
Investments and loans......
22,070
5,001
28,578
3,391
1,779
24
25,461
6,780
28,602
110,655
139,162
43,404
551
37
110,691
139,162
57,239
551
Grants and fixed charges
Grants, subsidies, and contributions.
Insurance claims and indemnities....
Interest and dividends.............
Refunds................................
Other
Undistributed U.S. obligations.
Obligations incurred abroad....
Unvouchered..................
Gross obligations incurred 1/.
Source: Reports on Obligations, Standard Form 225, from agencies.
1/ For Federal Budget presentation a concept of "net obligations
incurred11 is generally used. This concept eliminates transactions
within the Government and revenue and reimbursements from the public
which by statute may be used by Government agencies without appro
priation action by the Congress. Summary figures on this basis
follow. (This data is on the basis of Reports on Obligations
received from the agencies prior to reports submitted for Budget
50,684
5,068
9,465
13,835
3,231
5,994
197
2,706
523
2
5,937
6,516
198
494,920
60,201
555,121
presentation and therefore may differ somewhat from the Budget
document.)
Gross obligations incurred (as above).......... .
555,121
Deduct:
-86,964
Advances, reimbursements, other income, etc....
Offsetting receipts.............................. 51,705
Net obligations incurred......................
416,452
Table FO-2. - Gross Obligations Incurred Outside the Federal Government by Major Function
and Major Object Class
NOTICE
Publication of the above table has been discon
tinued. The June 30, 1979, table which appeared
in the November 1979, Treasury Bulletin was the
last one published.
Treasury Bulletin
16
........... -FEDERAL OBLIGATIONS--------------------------Table FO-3. - Gross Obligations Incurred Outside the Federal Government
by Department or Agency, July 31, 1979
(In millions of dollars)
Personal services & benefits
Classification
Personnel
compen
sation
Legislative Branch 2/......................
Executive Office or the President.........
Funds appropriated to the President:
International security assistance......
International development assistance....
Other.....................................
Agriculture Department:
Commerce Department........................
Personnel
benefits
11'
Contractual services and supplies
Benefits
for
former
personnel
Travel and
trans
portation
of persons
-
*
10
-
-
-
-
33
_
_
15
103
30
_
*
*
*
4
1,608
626
-
9,794
11,358
8,872
1,075
12
123
254
92
1
322
Transpor
tation of
things
Rent, com
munications,
and
utilities
Printing
and
repro
duction
Other
ser
vices
Sup
plies
and
mate
rials
13
2
3^4
*
1i
1
5
*
10
*
1
5
4
1
7
*
1
8
6
*
1
*
4
50
97
2
583
20
*
2
*
67
29
188
36
4
*
78
46
3
11
415
306
148
1,564
621
46
15
2
*
8,461
1
699
338
220
30
-
460
526
363
62
*
481
508
295
455
*
5
68
15
5
*
4,069
10,026
4,788
1,731
17
3,806
7,053
3,833
5,469
*
470
8,479
1,287
1,411
1,739
93
20,631
20,161
_
2
12
4
29
3
494
73
*
26
3
116
5
5,843
29
-
30
76
9
130
3
1,530
137
>
_
-
-
190
-
_
_
_
_
_
1
*
*
389
_
145
17
55
53
28
40
84
1
10
8
4
31
25
1
87
50
37
40
125
2
4
2
*
5
1
133
893
136
209
99
661
2
138
94
22
6
185
_
-
.
-
_
84
14
548
_
37
1
1
-
-
80
12
6
_
_
_
20
1
42
168
203
626
54
8
1,118
15
80
8
9
74
112
3
*
2,960
507
102
606
*
*
*
*
1
5
*
94
226
3,620
1
1,601
23
524
40,266
27,237
1
168
184
-
-
-
-
t*L
Defense Department:
Military:
Department of the Nav y .................
Department of the Air Force............
Defense agencies........................
Civil defense.......................... .
Total military.......................... | 31,111
Civil.....................................
699
Energy Department...........................
465
Health, Education, and Welfare
2,423
Housing and Urban Development Dept:
Government National Mortgage
Association......... ......... ..........
Housing for the elderly or
_
handicapped 3/..........................
318
Interior Department........................
1,171
Justice Department.........................
996
Labor Department...........................
518
State Department...........................
270
Transportation Department.................
1,800
Treasury Department:
_
Interest on the public debt.............
_
Interest on refunds, etc................
_
General revenue sharing................ .
Other.....................................
2,014
Environmental Protection Agency...........
222
General Services Administration...........
529
National Aeronautics and Space
Administration.............................
551
Veterans Administration....................
3,158
Other independent agencies:
Export-Import Bank of U . S...............
8
Small Business Administration...........
99
Tennessee Valley Authority..............
815
775
Total...................................
50,684
Off-budget Federal agencies 4/:
Postal Service...........................
Rural Electrification Administration
revolving funds.........................
Pension Benefit Guranty
Corporation............................ .
-
_
_
_
_
_
_
_
_
_
_
_
_
_
*
*
*
*
ie
*
_
_
_
-
-
_
110
7
1
3
31
57
-
417
7
8
48
470
9,465
2,054
1,946
3,431
896
329
_
*
_
*
-
_
-
32
38
*
_
_
*
_
_
_
8
-
*
*
*
1
*
3
*
9,640
-
32
38
896
330
1
171
184
9,632
_
TAfal
OffohiiHo'Pi'
iutojL v/ii
uuugcu Fp/fprfll
r c u c to i
agencies...............................
December 1979
17
p p n p p ti OBLIGATIONS
Table FO-3. - Gross Obligations Incurred Outside the Federal Government
by Department or Agency, July 31, 1979-Continued
(In millions of dollars)
Grants and fixed charges
Acquistion of
capital assets
Classification
29
*
Lands
and
struc
tures
-
Invest
ments
and
loans
-
15
l
56
*
42
1
54
36
Equip
ment
The Judiciary...............................
Executive Office of the President......... 1
Funds appropriated to the President:
International security assistance......
International development assistance.... !
Agriculture Department:
Commodity Credit Corporation........... . 1
Other.....................................
Commerce Department........................
Insurance
Grant,
subsidies, claims
Interest
and con and indem and
tributions nities
dividends
Other
Undistrib
uted U.S.
Refunds obliga
tions
Obliga
Un
tions in vouch
curred
er ed
abroad
Total
gross
obliga
tions
incurred
777“
47
*
-
*
-
-
*
-
-
3
"
-
■
■
903
1,573
9
899
236
4
-
4
-
-
-36
1
80
44
-
49
2,646
2,074
184
5
5,484
11,790
89
1,861
10,441
927
59
12
2,013
-
168
*
29
117
-
25
6
95
9,547
27,572
2,084
1,944
8,954
9,205
195
*
333
598
308
107
-
2
11
22
*
39
2
3
44
77
*
*
1
2
21
-
3,416
1
1,617
246
-
74
126
24
204
5,280
98
98
25,154
39,798
29,678
18,131
70
1*346
-
6
-1
2
197
-
20.298
_
_
_
_
112,831
28
971
15
*
-
193
3
*
-
8,445
Defense Department:
Military:
Department of the Arm y ................
Department of the N avy.........
Department of the Air Force...........
Defense agencies................. .
Civil defense..........................
Civil... ................................
18
3
_
578
-
2,335
Energy Department..........................
Health, Education, and Welfare
Department.................................
Housing and Urban Development Dept:
Government National Mortgage
Association................ .............
Housing for the elderly or
handicapped 3 /..........................
Other.....................................
Interior Department........................
Justice Department.....................
Labor Department...........................
State Department...........................
Transportation Department.................
Treasury Department:
Interest on the public debt.............
Interest on refunds, etc............... .
General revenue sharing.................
Other.....................................
Environmental Protection Agency...........
General Services Administration...........
National Aeronautics and Space
Administration............................
Veterans Administration....................
Other independent agencies:
Export-Import Bank of U.S...............
Small Business Administration...........
Tennessee Valley Authority..............
Other.....................................
375
793
_
57
38
366
41,921
1,586
35
-
-14
-
-
48,327
40
_
_
14
-
-
-
-
244
*
374
670
11
5
4
71
75
2,835
30
_
_
*
*
14,070
1,463
492
11,719
208
1,397
2
47
10
766
97
2
5
77
*
*
52
-*
*
-
-4
90
3
389
-
*
*
3
-
80
17,885
4,631
1,884
13,705
1,203
4,781
_
_
_
_
_
_
23
11
88
23
1
25
_
95
_
_
_
7
7,949
6,584
2,644
17
_
_
116,182
*
*
39,741
299
45
1
1
2,260
-
2
-
-
39,741
306
7,949
127,626
3,118
3,044
60
148
115
184
_
472
1
2,339
*
9,437
_
451
-
-
76
-
3,889
17,580
*
1
449
3Q
_
2,712
1,506
132
7
608
_
*
84
5,107
*
1
10,829
84
*
536
58
327
*
-1
8
85
_
2,805
1,711
3,992
22.012
Total...................... ........ ......
V Urcuerai
*A AA1*q1 agencies
A AM A iA A *»
A //••
vnfnf uuugtsi
Postal Service...........................
Rural Electrification Administration
revolving funds.........................
Pension Benefit Guaranty
Corporation.............................
Total Off-budget Federal
agencies..................................
22,070
5,001
28,578
110,655
139,162
43,404
551
3,231
5,994
197
494,920
119
_
24
15
_
*
_
_
_
_
_
-
-
-
_
_
2
66
29
8
9
195
65
_
_
1,106
_
*
_
_
_
17
_
65
119
1,106
-
41
15
Source: Reports on Obligations, Standard Forms 225, from agencies.
Note:
Agency shifts are shown in this table beginning with the periods
of such shifts. The amounts for the complete fiscal year are adjusted
at that time.
1/ For purposes of this report this object class is considered as totally
within the Federal Government except for the Department of Defense and
Transportation Department, U.S. Coast Guard.
2/ Includes reports for Library of Congress, Government-Printing Office,
11,501
1,106
30
-
12,637
and General Accounting Office only.
3/ This fund was reclassified from an off-budget to a budgetary account
pursuant to an act approved Oct. 4, 1977.
4/ Postal Service since July 1, 1973, Rural Electrification Administration
revolving funds since May 12, 1973, and Pension Benefit Guaranty Corpo
ration since Sept. 17, 1974.
* Less than $500,000.
Table FO-4. - Gross Obligations Incurred Outside the Federal Government,
Comparative Statement by Month
F.Y. 1978
Object class
July
Aug.
00
F.Y 1979
Cumulative
to date
period
FY 1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
3,116
25
878
3,254
54
868
31,169
470
8,478
29,290
614
7,626
140
168
99
128
363
170
10
2,026
2,069
1,289
1,413
1,750
92
20,676
20,165
1,214
911
1,549
97
21,139
19,804
National defense:
Personal services and benefits:
2,995
54
807
3,029
55
768
5,391
24
829
3,268
62
822
3,108
62
825
2,881
35
833
3,260
65
827
4,094
15
830
1,923
44
864
3,085
59
865
3,181
48
865
105
57
107
4
1,558
1,507
121
82
151
11
1,276
2,502
185
383
305
59
4,054
2,749
150
107
209
9
5,390
-2,119
121
87
202
11
1,301
6,403
116
169
174
7
1,556
2,001
114
129
195
11
2,338
1,996
111
200
161
8
1,455
1,709
137
17
154
10
1,768
1,963
144
114
191
9
1,815
2,190
127
58
195
8r
1,471
1,892
813
114
*
950
150
*
2,427
672
-*
3,709
70
-
276
83
-
3,081
428
-
1,893
225
-
1,574
173
-
2,463
301
-
2,464
165
*
1,520
218
1
1,586
219
2,083
222
-
20,650
2,104
-
16,259
1,377
1
1
7
2
3
*
7
3
2
4
9
5
2
5
8
3
-
2
55
1
-
15
6
1
-
29
9
3
-
4
11
1
-
4
10
1
-
4
8
2
-
4
9
1
-
4
7
9
3
4
2
-
74
126
23
-
50
117
21
22
17
714
10
7
367
8
*
529
10
2
552
9
9,490
12,232
13,101
3
562
9
11,877
*
539
10
8,875
18
-3,646
10
13,477
11,643
3
-639
9
9,718
40
1,782
10
11,492
-37
560
10
11,648
9
535
10
10,155r
-16
520
9
10,38$
199
342
11
11,806
203
5,281
98
114,061
220
5,339
90
105,741
1,808
*
88
1,950
-*
84
1,957
2
7,562
1,538
1
81
1,713
-*
137
2,252
-*
81
2,018
-*
109
2,003
*
90
1,915
*
163
1,965
*
101
1,985
*
64
2,136
67
1,989
94
19,515
_
987
18,059
-31
1,162
75
49
177
32
1,388
477
79
51
132
38
1,434
665
97
54
129
47
2,860
681
57
46
167
34
1,241
1,748
70
30
133
38
1,355
204
81
75
724
58
5,187
1,263
73
35
153
47
1,896
757
72
96
100
40
1,463
300
77
-5
97
45
2,161
479
87
74
86
43
1,581
667
76
60
83
43
1,410
592
82
64
33
54
1,652,
582
91
58
105
31
1,643
481
765
533
1,682
432
19,590
7,073
746
352
1,781
351
17,668
6,843
164
216
3,355
184
307
3,011
451
1,046
5,685
161
345
1,940
109
271
3,859
99
422
3,916
123
344
3,320
108
218
2,770
253
202
2,315
167
248
2,932
141
257
2,030
101
333
1,960
160
257
3,536
1,420
2,897
28,578
1,552
3,183
27,385
15,229
13,403
1,651
i
45
10,210
13,409
3,273
48
38,306
12,788
3,045
-85
5,705
11,320
3,368
42
8,071
15,357
3,551
42
14,698
14,041
6,716
41
11,175
13,780
3,675
65
4,775
13,191
3,662
28
12,334
13,978
3,920
60
12,704
14,221
3,687
26
6,445
13,477
3,798
135
14,462
14,170
7,039
58
20,211
15,501
3,964
54
110,581
139,036
43,380
551
97,895
129,518
35,264
789
775
140
10
39,082
49
357
9
-1,317
38
11
-117
51
8
-17
69
11
-544
142
13
-380
121
10
2,141
104
9
310
88
8
153
-102
9
-15
68
10
-12
92
12
3,028
712
98
-432
967
87
35,290
73,357
27,736
35,003
49,265
37,321
31,170
1,510
80
9
39,594
38,994
30,656
42,856
48,267
380,859
343,138
47,956
44,778
86,833
39,968
48,104
61,140
48,963
40,888
51,086
50,642
40,811r
53,244
60,073
494,920
,448,880
Contractual services and supplies:
9i
1,556
2,060
Acquisition of capital assets:
Grants and fixed charges:
Other:
Non-defense:
Personal services and benefits:
Personnel benefits........................
Contractual service and supplies:
Travel and transportation of persons......
Transportation of things..................
Rents, communications, and utilities......
Printing and reproduction.................
Other services............................ !
Supplies and materials..... ...............
Acquisition of capital assets:
Grants and fixed charges:
Other:
Less than $500,000.
Revised.
I
S’
a-
19
December 1979
ACCOUNT OF THE U.S. TREASURY
Source and Availability of the Balance in the Account of the U.S. Treasury
The operating cash of the Treasury is maintained in
Treasury's accounts with the Federal Reserve banks and bran
ches and in tax loan accounts.
As the balances in the
accounts at the Federal Reserve Banks become depleted, they
are restored by calling in (Withdrawing)funds from thousands
of financial institutions throughout the country authorized
to maintain tax and loan accounts.
Deposits to tax and loan accounts occur in the normal
course of business under a uniform procedure applicable to
all financial institutions whereby customers of financial
institutions deposit with them tax payments and funds for
the purchase of Government securities. In most
cases the
transaction involves merely the transfer of funds from a
customer's account to
the tax and loan account in the same
financial institution. On occasions, to the extent autho
rized by the Treasury, financial institutions are permitted
to deposit in these accounts proceeds from subscriptions to
public debt securities entered for their own account as well
as for the accounts of their customers.
Under authority of P.L. 95-147,the Treasury implemented
a program on November 2, 1978, to invest a portion of its
operating cash in obligations of depositaries maintaining tax
and loan accounts. Under the Treasury Tax and Loan investment
program,depositary financial institutions select the manner
in which they will participate in the program. Depositaries
that wish to retain funds deposited in their tax and loan
accounts in interest-bearing
obligations participate under
the Note Option; depositaries that wish to remit the funds
to the Treasury's account at Federal Reserve banks partic
ipate under the Remittance Option.
The tax and loan system permits the Treasury to collect
funds through financial institutions and to leave the funds
in Note Option depositaries and in the financial communities
in which they arise until such time at the Treasury needs the
funds for its operations. In this way the Treasury is able to
neutralize the effect of its fluctuation operations on Note
Option financial institution reserves and the economy.
Table UST-1. - Status of the Account of the U.S. Treasury
(In millions of dollars)
Treasury operating balance 1/
Available funds in
demand accounts at:
End of
fiscal year
or month
Federal
Reserve
banks
Treasury tax
and loan note
accounts
1971.................
1,274
1972.................
2,344
1973.................
4,038
1974.................
2,919
1975.................
5,773
1976................. 11,975
T . Q.................. 13,299
1977.................. 15,740
7,372
7,634
8,433
6,152
1,475
2,854
4,119
3,364
1978................. 16,647
1979.................. 6,489
5,797
17,687
6,587
4,196
6,267
12,095
3,522
3,443
5,726
3,100
1,974
3,290
11,624
3,444
1,959
5,242
2,683
14,195
2,765
3,542
6,489
2,209
2,590
10,765
3,408
17,687
8,251
3,001
1978-N p v .............
1979-Jan.............
Fe b.............
J une............
July ............
Other
deposi
taries 2/
-
139
106
88
343
7
"
_
-
Total
2/
Funds in process
of collection
through
Federal
Reserve
Other
deposi
taries 4/
Time deposits
and other
interestbearing
demand
accounts
8,755
10,117
12,576
9,159
7,591
14,836
17,418
19,104
419
252
243
276
369
235
184
147
179
117
135
76
55
-18
31
187
54
41
19
35
70
195
175
22,444
24,176
257
253
11
33
12,854
16,291
159
259
15,146
6,887
7,685
8,342
4,657
17,485
13,530
6,950
24,176
10,460
5,591
Other
demand
accounts
5/
_
Coin
Miscel
currency
laneous
and coinage items
metal
355
441
471
586
602
752
819
818
717
108
129
70
54
46
50
3
136
64
275
138
570
632
-2
-19
6
7
93
91
532
510
-7
-2
253
218
191
1,324
164
437
17
8
15
62
24
31
89
85
44
36
43
52
-7
-4
1
36
38
38
38
554
619
655
646
625
645
-5
-10
-3
-8
-9
-23
428
166
253
178
175
17
15
33
14
9
51
147
64
45
53
44
38
138
38
32
545
557
632
683
717
-11
-6
-19
-21
-19
Source: Bureau of Government Financial Operations.
1/ Effective January 1972, the Treasury operating balance excludes the
gold balance in Treasury.
2/ Represents deposits in certain commercial depositaries that have been
converted from a time deposit to a demand deposit basis to permit
greater flexibility in Treasury cash management.
3/ Will not agree with daily Treasury Statement due to rounding.
4/ Represents funds in process of collection by (a) the U.S. Treasury
-
-
Gold
balance
6/
Balance in
account of
the U.S.
Treasury
109
107
107
106
9,911
11,310
13,741
10,352
8,868
16,065
18,597
20,531
-
_
*
_
*
*
-
23,691
25,277
13,629
17,152
16,054
7,808
8,624
10,440
5,542
18,665
14,605
7,867
25,277
11,398
6,557
and (b) commercial banks which have been authorized to defer credit
until checks are collected. Data prior to January 1972 included in
"miscellaneous items" columns.
5J Represents demand deposits in National, Foreign, and other bank deposi*
taries previously included in time deposits.
,6/ The free gold balance can be readily converted to available funds with
Federal Reserve banks.
* Less than $500,000.
Treasury Bulletin
____________________________ ACCOUNT OF THE U.S. TREASURY______________________________________
Table UST-2. - Elements of Changes in Federal Reserve and Tax and Loan Note Account Balances
(In millions of dollars)
Credits and withdrawals
Federal Reserve accounts 1/
Fiscal year
or month
Received
directly
1973........................
1974........................
1975........................
1976........................
1977........................
1978........................
1979........................
1979-Jan...................
Feb...................
Apr...................
Tax and loan note accounts
Rroceeds from sales of securities 4/
Credits 2/
Received
through re
Withdrawals 3/
mittance option
tax and loan
depositaries
_
_
-
-
-
-
-
-
-
725,280
810,481
209,758
875,071
952,116
983,693
54,068
722,427
804,282
208,434
872,627
951,209
1,047,919
75,578
59,978
4,196
5,368
88,654
67,737
79,119
80,412
86,622
105,145
93,570
80,996
4,401
4,258
5,584
5,195
4,556
6,605
84,194
84,749
89,923
112,966
99,252
86,285
77,809
93,247
69,962
86,495
94,200
4,499
4,278
5,128
4,402
4,373
82,833
96,748
72,143
95,177
98,192
Taxes 6/
Total
credits
Withdrawals
(transfers to
Federal Reserve
accounts)
2,578
2,849
3,314
3,270
3,104
3,366
3,676
910
3,908
3,838
2,666
132,460
131,121
145,797
171,828
197,091
218,149
225,201
58,457
267,125
302,496
296,809
151,721
153,346
164,920
185,669
209,267
224,412
228,877
59,367
271,033
306,334
299,475
149,317
152,900
164,645
184,874
211,545
229,090
227,494
58,105
271,787
303,901
287,585
253
232
19,309
26,358
19,562
26,590
13,373
20,762
280
247
266
239
202
174
20,296
20,850
27,524
28,482
22,399
34,407
20,576
21,097
27,790
28,721
22,601
34,581
21,047
29,277
29,275
25,438
25,160
23,069
174
183
138
156
147
21,988
22,963
29,298
22,120
23,301
22,162
23,146
29,436
22,276
23,448
25,592
30,503
15,157
31,712
28,698
Marketable
issues
Nonmarketable
issues 5/
16,683
19,375
15,812
10,571
9,072
2,897
-
_
_
-
-
Balances
During period
End of period
Federal
Reserve
Tax and
Loan Note
Accounts
Federal
Reserve
Average
Low
High
Fiscal year
or month
Tax and
Loan Note
Accounts
Federal
Reserve
Tax and
Loan Note
Accounts
Federal
Reserve
Tax and
Loan Note
Accounts
1977........................
1978........................
1979........................
1,005
1,274
2,344
4,038
2,919
5,773
11,972
13,296
15,740
16,647
6,489
6,929
7,372
7,634
8,433
6,152
1,473
2,856
4,118
3,364
5,797
17,687
1,916
1,987
3,392
5,017
4,361
9,766
11,972
13,296
16,115
16,647
16,647
7,990
8,532
10,251
10,854
9,340
7,249
4,260
4,456
6,286
8,134
17,687
7
7
397
2
2
*
*
2,854
1,204
1,199
*
894
846
1,737
800
520
7
67
287
118
61
73
1,077
973
1,894
2,342
2,102
2,786
5,105
7,824
8,035
6,946
4,741
4,022
5,146
5,648
5,644
3,913
1,853
1,394
1,578
1,548
1,670
5,818
1978-Nov....................
Dec....................
6,587
4,196
6,267
12,095
14,373
6,332
9,486
12,319
5,465
951
412
1,000
8,186
3,931
5,162
5,884
3,522
3,443
5,726
3,100
1,974
3,290
11,624
3,444
1,959
5,242
2,683
14,195
4,477
4,517
5,726
5,726
4,786
7,053
13,213
9,708
7,585
5,549
8,021
14,436
2,247
2,219
2,102
*
1,974
1,037
4,000
2,130
130
73
2,683
821
3,379
3,502
3,288
2,623
3,352
3,272
8,182
4,701
3,598
1,940
5,801
6,664
2,765
3,542
6,489
2,209
2,590
10,765
3,408
17,687
8,251
3,001
4,130
4,012
6,489
4,301
3,446
14,195
10,129
17,687
12,331
5,829
1,823
2,438
2,786
2,209
2,487
7,895
3,408
1,225
5,943
765
3,303
3,021
4,073
3,105
3,065
10,148
6,942
9,406
8,901
2,814
1970........................
1971........................
1972........................
1973........................
1974........................
1975........................
1976........................
Feb....................
Mar....................
July...................
Sources
Bureau of Government Financial Operations; figures are on basis
of telegraphic reports.
I I Figures are from the revised Daily Treasury Statement, effective
July 1, 1974. Prior data not available.
2/ Represents transfers from Tax and Loan Note Accounts, proceeds from
sales of securities other than Government Account Series, and taxes.
3/ Represents checks paid, wire transfer payments, drawdowns on letter
of credit, redemptions of securities other than Government Account
Series, etc.
\4/ Special depositaries are permitted to make payment in the form of
a deposit credit for the purchase price of U.S. Government secu
rities 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 subscriptions to the issues.
Includes United States savings bonds, savings notes, retirement plan
and tax and loss bonds. United States savings notes first offered
for sale as of May 1, 1967 and were discontinued after June 30, 1970.
Retirement plan bonds first offered for sale as of January 1, 1963;
tax and loss bonds first issued in March 1968.
6/ Taxes eligible for credit consist of those deposited by taxpayers in
the Tax and Loan depositaries, as follows: Withheld income taxes
beginning March 1948; taxes on employers and employees under the
Federal Insurance Contributions Act beginning January 1950, and under
the Railroad Retirement Tax Act beginning July 1951; a number of excise
taxes beginning July 1953; estimated corporation income taxes
beginning April 1967; all corporation income taxes due on or after
March 15, 1968 and FUTA taxes beginning April 1970.
*
Less than $500,000.
5J
21
December 197 9
_________ ACCOUNT OF THE U.S. TREASURY__________
Table UST-3. - Gold Assets and Liabilities of the Treasury
(In millions of dollars except ounces)
Gold assets 1/
Gold liabilities 2/
Balance of gold in
U.S. Treasury account
End of calendar year or month
Ounces
Dollars
296,199,012.3
296,202,494.6
306,630,399.9
289,490,759.6
273,950,419.3
273,954,660.5
275,968,413.1
274,705,260.3
274,679,167.8
10,367
10,367
10,732
10,132
10,410 3/
11,567 3/
11,652
11,599
11,598
10,256
10,256
10,623
10,019
10,303
10,460
11,652
11,599
11,598
277,544,111.9
276,420,310.8
11,719
11,671
11,719
11,671
1978-Nov..................................... .
275,737*019.3
276,420,310.8
11,642
11,671
11,642
11,671
1979-Jan......................................
Feb......................................
M a r ......................................
A p r............ ............... ..........
274,554,643.3
273,420,863.9
271,869,452.3
270,420,081.2
268,917,745.3
268,167,685.2
11,592
11,544
11,479
11,418
11,354
11,323
11,592
11,544
11,479
11,418
11,354
11,323
267,401,275.6
266,667,632.2
265,918,769.1
265,129,405.1
263,168,284.7
11,290
11,259
11,228
11,194
11,112
11,290
11,259
11,228
11,194
11,112
July.....................................
Source: Daily Treasury Statement through June 1974, Bureau of Government
Financial Operations thereafter.
1/ Treasury gold stock which excludes gold held by the Exchange Stabili
zation Fund (ESF). See "International Financial Statistics," Table
IFS-1.
2/ Consists of: Gold certificates (Series 1934) issued only to Federal
Reserve banks; gold certificates fund-Federal Reserve System; gold
deposited by and held for the International Monetary Fund from Sept
ember 19, 1965, through February 15, 1972; redemption fund for Fed
eral Reserve notes until March 18, 1968, when it was combined with the
gold certificate fund pursuant to P.L. 90-269, approved March 18,
3/
*
111
112
109
113
107
107
“
_
_
-
*
-
*
-
1968, and gold reserve against U.S. notes until March 18, 1968, when
it was transferred to the public debt also pursuant to P.L. 90-269..
Gdld assets were valued at $35 per fine troy ounce until May 8, 1972,
when they were revalued at $38 pursuant to the Par Value Modification
Act, P.L. 92-268, approved March 31, 1972. The increment amounted to
$822 million. Gold assets were valued at $38 per fine troy ounce un
til October 18, 1973, when they were revalued at $42.22 pursuant to
the amending of Section 2 of the Par Value Modification Act, P.L.
93-110, approved September 21, 1973. The increment amounted to
$1,157 million.
Less than $500,000.
22
Treasury Bulletin
_________ MONETARY STATISTICS__________
Table MS-1. - Currency and Coin in Circulation
(In millions of dollars except per capita figures)
Currencies to longer issued
End of
fiscal year
or month
Federal
Reserve
bank
notes
National
bank
notes
Currencies Presently
being issued I f
Gold
certifi
cates 2/
Silver
certifi
cates
Federal
Reserve
notes 3/
Treasury
notes of
1890
Total
currencies
United
States
notes
Federal
Reserve
notes 4/
51,304
54,572
59,664
65,185
72,093
79,028
79,597
87,349
96,566
106,681
51,922
55,184
60,273
65,793
72,700
79,634
80,201
87,947
97,159
107,270
54
53
52
51
50
50
49
49
48
48
20
20
20
20
20
20
20
20
20
20
4
4
4
3
3
3
3
3
3
3
218
215
213
212
211
210
209
208
207
207
1
1
1
1
1
1
1
1
1
1
*
*
*
*
*
*•
*
*
*
321
320
320
321
322
322
322
317
313
312
1978-Oct...............................
N o v ...............................
48
48
48
20
20
20
3
3
3
207
207
207
1
1
1
*
*
*
313
313
313
98,146
100,815
103,314
98,738
101,407
103,906
1979-Jan...............................
Feb...............................
M a r ...............................
Apr...............................
48
48
48
48
48
48
20
20
20
20
20
20
3
3
3
3
3
3
207
207
207
207
207
207
1
1
1
1
1
1
*
*
*
*
*
*
313
313
313
312
312
312
99,351
99,975
100,632
101,748
103,774
104,779
99,923
100,567
101,223
102,339
104,365
105,370
48
48
48
48
20
20
20
20
3
3
3
3
207
207
207
206
1
1
1
1
*
*
*
*
312
312
312
311
105,950
106,897
106,681
108,027
106,540
107,488
107,270
108,617
June..............................
July..............................
Sept..............................
Coin
End of
fiscal year
or month
Total Currency
and Coin in
circula
tion _5/
Currency and Coin in
circulation
per capita
(in dollars) 6/
Dollars
Fractional
coin
482
633
705
765
816
941
951
999
1,063
1,435
5,990
6,383
6,793
7,275
7,681
8,303
8,397
8,877
9,441
10,011
6,472
7,016
7,498
8,040
8,496
9,244
9,348
9,876
10,504
11,446
58,393
62,201
67,771
73,833
81,196
88,877
89,548
97,823
107,663
118,716
282.03
297.84
322.11
348.44
380.06
413.17
415.37
450.08
491.52
537.18
1978-Oct...............................
1,076
1,093
1,114
9,493
9,572
9,625
10,569
10,665
10,739
109,307
112,072
-
498«58r
510.95
522.35
1979-Jan...............................
Feb..... ;........................
M a r ...............................
Apr...............................
M a y ...............................
June.... .........................
1,131
1,138
1,154
1,165
1,183
1,327
9,608
9,629
9,658
9,730
9,820
9,879
10,739
10,769
10,813
10,895
11,003
11,205
110,662
111,334
112,036
113,234
115,368
116,575
503.96
506.67
509.42
514.51
523.82
528.89
1,423
1,440
1,435
1,438
9,933
9,988
10,011
10,070
11,355
11,428
11,446
11,508
117,895
118,914
118,716
120,125
534.41
538.52
536.74r
542.71
1977...................................
July......................... .
Oc t ...............................
Source:
Statement of United States Currency and Coin.
1/ Excludes gold certificates, Series of 1934, which are issued only to
Federal Reserve banks and do not appear in circulation.
If
Issued prior to January 30, 1934.
3/ Issued prior to July 1, 1929.
4/ Issued on and aftSr July 1, 1929.
Total
5/
6/
7J
*
r
Excludes Currency and Coin held by the Treasury and Currency and
Coin held by or for the account of the Federal Reserve banks and agents.
Based on the Bureau of the Census estimated population.
Highest amount to date.
Less than $500,000.
Revised.
December 1979
23
.FEDERAL DEBT.
Table FD-1. - Summary of Federal Debt
(In millions of dollars)
Amount outstanding
End of
fiscal year
or month
Securities held by:
Government accounts
Public
debt
securi
ties 1/
Agency
securi
ties
Total
1977.....................
1978.....................
1979.....................
409,467
437,329
468,426
486,247
544,131
631,866
646,379
709,138
780,425
833,751
397,305
426,435
457,317
474,235
533,188
620,432
634,701
698,840
771,544
826,519
12,163
10-,894
11,109
12,012
10,943
11,433
11,678
10,298
8,881
7,232
1975.....................
Total 1/
The public 2/
Public
debt
securi
ties
Agency
securi
ties
105,140
113,559
125,381
140,194
147,225
151,566
148,052
157,295
169,477
189,162
102,888
111,460
123,385
138,206
145,283
149,611
146,105
155,490
167,973
187,683
2,251
2,100
1,996
1,988
1,942
1,955
1,947
1,805
1,504
1,478
304,328
323,770
343,045
346,053
396,906
480,300
498,327
551,843
610,948
644,589
294,417
314,976
333,932
336,029
387,905
470,821
488,596
543,350
603,571
638,836
9,911
8,794
9,113
10,024
9,001
9,478
9,730
8,493
7,377
5,754
Total
Public
debt
securi
ties
Agency
securi
ties
1978-Mar.................
747,844
737,951
9,893
154,534
152,718
1,816
593,310
585,233
8,077
1978-Oct.................
785,267
791,563
797,694
776,394
783,026
789,207
8,873
8,537
8,487
167,834
168,894
171,492
166,338
167,399
170,000
1,497
1,495
1,493
617,433
622,669
626,202
610,056
615,627
619,207
7,377
7,042
6,995
1979-Jan.................
Feb.................
Mar.................
798,733
800,470
804,624
804,046
812,220
812,247
790,454
792,207
796,792
796,383
804,794
804,913
8,279
8,263
7,832
7,663
7,426
7,334
169,220
171,625
167,767
172,153
178,522
180,006
167,728
170,135
166,274
170,671
177,039
178,525
1,492
1,490
1,493
1,483
1,482
1,481
629,513
628,845
636,857
631,893
633,698
632,241
622,726
622,072
630,518
625,712
627,755
626,388
6,787
6,774
6,339
6,181
5,944
5,853
July................
Aug.................
814,740
820,385
833,751
833,999
807,477
813,140
826,519
826,787
7,263
7,245
7,232
7,213
177,668
180,046
189,162
187,193
176,190
178,569
187,683
185,714
1,478
1,477
1,478
1,479
637,072
640,339
644,589
646,806
631,287
634,571
638,836
641,073
5,785
5,768
5,754
5,734
Sources
Monthly Treasury Statement of Receipts and Outlays of the United
States Government.
1/ Amounts of public debt securities outstanding have been adjusted to
exclude issues to IMF and other international lending institutions to
conform with the budget presentation and the source for this table.
2/ Includes holdings of Federal Reserve Banks.
Table FD-2. - Computed Interest Charge and Computed Interest Rate on Interest-Bearing Public Debt
(Dollar amounts in millions)
End of
fiscal year
or month
1972...,.................
1975.....................
1976.....................
1978.....................
Computed annual interest rate
Total
interestbearing
public
debt 1/
Computed
annual
interest
charge 2/
396,289
425,360
456,353
473,238
532,122
619,254
633,560
697,629
766,971
819,007
20,254
21,545
26,591
30,741
33,509
39,494
40,683
44,481
53,885
64,946
Total
interestbearing
public
debt 1/
Nonmarke tab le
Marketable issues
Government
account
series 5/
Total
Treasury Bills
2/
Notes
Treasury
bonds
Other 4/
5.141
5.093
5.872
6.560
6.352
6.436
6.478
6.424
7.126
8.057
5.210
5.099
6.129
7.030
6.533
6.559
6.591
6.481
7.388
8.592
4.516
4.188
6.591
8.416
6.253
5.819
5.784
5.656
7.668
10.110
6.519
6.312
6.412
6.529
7.058
7.352
7.356
7.066
7.397
8.130
3.759
4.018
4.393
4.755
5.339
5.654
5.811
6.120
6.587
7.153
4,608
4.636
5.138
5.374
5.387
3.452
5.487
5.603
5.726
5.968
5.375
5.475
5.880
6.430
6.614
6.789
6.871
6.921
7.491
8.167
6.975
1978-Mar...*.............
736,929
49,259
1978-Nov.................
782,048
782,371
56,973
57,658
6.775
7.394
7.482
7.739
7.869
6.744
8.398
8.752
7.245
7.585
7.609
6.330
6.736
6.742
5.655
5.881
5.919
1979-Jan.................
Feb.................
789,502
791,249
792,344
795,434
803,816
799,863
58,987
59,834
60,545
61,298
62,298
62,166
7.587
7.681
7.763
7.830
7.875
7.897
8.031
8.167
8.290*
8.389
8.437
8.431
9.090
9.378
9.854
9.907
9.969
9.936
7.705
7.774
7.814
7.874
7.921
7.937
6.803
6.909
6.912
6.968
7.046
7.053
5.893
5.865
5.925
5.807
5.817
5.860
7.076
7.628
7.675
7.705
7.744
7.746
7.788
7.845
7.981
806,508
812,095
819,007
825,736
832,730
62,915
63,769
64,946
66,589
69,228
'7.926
7.977
8.057
8.196
8.456
8.455
8.511
8.592
8.762
9.089
9.921
9.908
10.110
10.531
11.183
7.998
8.102
8.130
8.260
8.459
7.096
7.152
7.153
7.029
7.138
5.926
5.929
5.968
6.011
6.063
7.987
8.053
8.167
8.262
8.485
Apr.................
July................
.
Source:
Bureau of Government Financial Operations
Note: The computed annual interest charge represents the amount of interest
that would be paid if each interest-bearing issue outstanding at the
end of each month or year should remain outstanding for a year at the
applicable annual rate of interest. The charge is computed 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 1960).
The aggregate charge for all interest-bearing issues constitutes the
total computed annual interest charge. The average annual 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, 1958, the computation is based on
1/
2/
3/
4/
5J
the rate of effective yield for issue sold at premium or discount.
Prior to that date it was based on the coupon rate for all issues.
As of July 1974, includes Federal Financing Bank.
Excludes Federal Financing Bank.
Included in debt outstanding at face amount, but discount value is
used in computing annual interest charge and annual interest rate.
On United States savings bonds the rate to maturity is applied
against the amount outstanding.
As of July 31, 1974, Monthly Statement of the Public Debt of the U.S.,
the column heading was changed to "Government account series" which
includes Treasury deposit funds in addition to those accounts pre
viously shown as special issues.
24
Treasury Bulletin
_ _ _ _ _ _ _ FEDERAL DEBT_____________
Table FD-3. - Interest-Bearing Public Debt
(In millions of dollars)
End of
fiscal year
or month
1971............................
1972............................
1973............................
1974............................
1975............................
1976............................
Total
interestbearing
public
debt
Marketable
Bill
Total
Nonmarketable
Treasury
notes
y
Treasury
bonds
1977............................
1978............................
1979............................
396,289
425,360
456,353
473,238
532,122
619,254
633,560
697,629
766,971
819,007
245,473
257,202
262,971
266,575
315,606
392,581
407,663
443,508
485,155
506,693
86,677
94,648
100,061
105,019
128,569
161,198
161,505
156,091
160,936
161,378
104,807
113,419
117,840
128,419
150,257
191,758
206,319
241,692
267,865
274,242
53,989
49,135
45,071
33,137
36,779
39,626
39,839
45,724
56,355
71,073
1978-Mar........................
736,929
478,252
165,652
262,179
1978-Nov........................
782,048
782,371
493,337
487,546
161,548
161,747
1979-Jan........................
Feb........................
M a r ........................
789,502
791,249
792,344
795,434
803,816
799,863
496,529
497,976
500,400
504,585
506,867
499,343
806,508
A u g ........... ........... . , 812,095
819 007
825,736
832,730
506,994
509,187
506,693
515,033
519,573
Total
'
U.S.
savings
bonds
150,816
168,158
193,382
206,663
216,516
226,673
225,897
254,121
281,816
312,314
53,003
55,921
59,418
61,921
65,482
69,733
70,752
75,411
79,798
80,440
50,420
258,677
77,804
271,663
264,791
60,125
60,007
288,711
294,825
80,331
80,546
162,286
162,416
165,459
163,730
163,076
159,890
272,807
271,372
270,803
275,311
276,123
272,066
61,436
64,189
64,139
65,544
67,668
67,387
292,973
293,273
291,944
290,849
296,949
300,520
80,414
80,459
80,417
80,426
80,430
80,460
159,938
160,489
161,378
161,692
165,100
278,257
277,582
274,242
280,832
279,723
68,799
71,116
71,073
72,510
74,751
299,514
302,909
312,314
310,703
313,157
80,524
80,503
80,440
80,178
79,669
Public
Govern
ment
account
series
4/
Nonmarktable - Continued
End of
fiscal year
or month
Foreign series
Invest
ment
series
Depos
itary
series
Government
Dollar
denominated 2/
1971.............................
1972.............................
1973.............................
1974............................
1975.............................
1976............................
Foreign
currency
denominated 31
1977............................
1978............................
1979............................
2,347
2,310
2,275
2,271
2,267
2,263
2,262
2,247
2,246
2,245
23
22
19
16
16
9
9
7
8
6
7,606
16,913
26,781
23,412
21,617
19,901
19,215
20,510
20,912
23,965
1978-Mar........................
2,245
8
22,614
1,664
2,072
1,743
1,599
1,599
1,599
1,599
1,289
768
1,035
2,245
2,245
8
8
25,967
27,398
657
600
2,245
2,245
2,245
2,245
2,245
2,245
8
8
8
6
6
7
26,928
24,877
24,008
21,266
21,008
22,657
531
475
3
2,245
2,245
2,245
2,245
2,245
7
6
6
6
6
23,865
23,538
23,965
23,860
23,895
F e b ........................
July.......................
O c t..... ..................
Source:
Monthly Statement of the Public Debt of the United States,
1/ As of July 1974, includes Federal Financing Bank.
21 Consists of certificates of indebtedness, Treasury notes beginning
January 1963, Treasury bonds beginning September 1964, and Treisuary
bills beginning March l!975, sold to foreign governments for U.S. dollars.
3/ Consists of the dollar equivalent of Treasury certificates of
indebtedness; Treasury (bonds from October 1962-April 1967; and
-
-
-
kj
Foreign
currency
denominated
_
Other
4,150
82,784
89,598
101,738
115,442
124,173
130,557
128,640
140,113
153,271
176,360
3,389
1,322
1,407
2,002
1,361
2,611
3,^19
14,543
24,813
25,149
-
137,956
17,013
-
1,595
154,812
157,522
24,692
24,912
2,798
2,798
4,150
4,150
4,150
4,150
155,237
157,637
153,765
158,178
164,552
166,274
24,812
24,774
27,348
24,578
24,558
24,729
4,150
4,150
4,150
4,150
5,269
161*882
167,301
176,360
175,267
176,992
24,842
25,167
25,149
24,996
25,080
-
-
Treasury notes beginning November 1966 issued and payable in designated
foreign currencies.
As of the July 31, 1974, Monthly Statement of the Public Debt of the
U.S. the column heading was changed to "Government account series"
which includes Treasury deposit funds in addition to Jthoae accounts
previously shown as special issues, formerly included in "Other" column.
25
December 1979
FEDERAL DEBT
Table FD-4. - Government Account Series
(In millions of dollars)
End of
fiscal year
or month
Total
1971...............
1972...............
1973...............
1974...............
1975...............
1976...............
T. Q ................
1977...............
1978...............
1979...............
82,784
89,598
101,738
115,442
124,173
130,557
128,640
140,113
153,271
176,360
1978-Mar...........
Airport and
Airway
trust fund
Exchange
Stabilization
Fund
Federal
Deposit
Insurance
Corporation
Federal
disability
insurance
trust fund
Federal
employees
retirement
funds
Federal
Energy
Admins i tr a tion
_
-
11,115
27,117
_
_
-
-
10,867
11,376
24,663
23,468
11,298
11,309
12,351
12,221
12,258
12,742
22,172
23,715
22,945
24,373
26,995
24,047
-
-
-
-
12,295
12,706
13,144
12,879
12,612
22,370
22,718
23,251
20,920
22,478
878
1,936
2,529
2,712
3,246
3,687
4,377
21.644
24,691
27,894
31,201
35,525
40,383
39,607
46,631
53,398
61,369
5,713
6,697
7,488
7,880
7,843
6,616
6,138
3,941
4,053
5,286
1,712
-
137,956
3,583
2,022
5,082
46,060
3,206
-
1978-Nov...........
De c ...........
154,812
157,522
3,785
3,956
2,218
3,190
6,269
6,276
52,659
54,004
3,591
3,910
1979-Jan...........
Feb...........
M a r ...........
A p r ...........
155,237
157,637
153,765
158,178
164,552
166,274
3,999
4,068
4,136
4,198
4,267
4,484
3,139
3,115
2,731
2,411
2,835
6,385
6,874
6,909
6,955
7,102
7,099
53,566
53,141
52,754
52,297
51,931
53,339
3,881
3,876
4,229
4,620
4,692
5,089
July..........
A u g ...........
163,882
167,301
176,360
175,267
176,992
4,404
4,451
4,377
4,442
4,537
3,272
3,377
4,266
4,497
4,475
7,108
7,819
7,835
7,851
8,066
52,821
52,377
61,369
60,934
60,404
4,905
4,611
5,286
5,123
5,036
Oct...........
End of
fiscal year
or month
Federal
supp. medical
insurance
trust fund
Federal Sav
ings and Loan
Insurance
Corporation
Government
life insur
ance fund
Highway
trust fund
National
service life
insurance
fund
Postal
service fund
Federal
old-age and
survivors
insurance
trust fund
27,248
29,126
31,424
33,640
35,815
33,891
32,978
31,333
26,890
23,251
156
274
263
436
1,367
2,692
3,429
4,829
5,435
7,835
-
Federal
hospital
insurance
trust fund
2,980
2,834
4,172
7,814
9,711
10,892
10,959
10,924
11,707
13,144
1,242
1.424
2,934
2,364
1,451
1,512
1,529
2,050
1,763
4,266
-
Federal Home
Loan Bank
-
-
-
44
62
*
-
-
-
-
Railroad
retirement
accounts
Treasury
deposit
funds
Unemployment
trust fund
Other
1/
1971...............
1972...............
1973...............
1974...............
1975...............
1976...............
T.Q................
1977...............
1978...............
1979...............
257
478
700
531
1,378
1,230
1,244
2,232
4,021
4,974
89
139
81
129
907
1,593
1,885
2,535
3,088
3,792
758
717
690
651
604
569
560
526
496
463
3,635
4,456
5,550
7,599
9,536
9,030
8,952
10,079
11,578
12,469
6,068
6,155
6,427
6,605
6,716
6,931
6,956
7,250
7,618
7,825
963
820
385
53
277
' 771
978
1,677
2,199
3,853
3,742
3,766
3,706
3,466
3,375
2,175
2,684
2,579
2,794
836
790
780
736
809
1,731
8,514
7,186
8,330
9,495
4,557
2,203
2,345
3,603
7,195
12,048
585
655
1,199
2,127
2,470
4,332
5,076
6,533
7,274
8,567
1978-Mar...........
3,675
2,890
513
10,890
7,407
2,162
2,081
752
2,231
7,168
1978-Nov...........
D ec..... .
3,985
4,343
3,359
3,450
485
496
11,508
11,810
7,578
7,808
3,557
3,665
2,629
2,576
1,795
1,837
8,307
7,811
7,558
7,545
1979-Jan...........
Feb...........
Mar..... .
4,555
4,566
4,681
4,734
4,708
4,901
3,490
3,594
3,618
3,650
3,637
3,657
491
487
482
474
468
481
11,971
12,114
12,229
12,296
12,463
12,931
7,773
7,761
7,727
7,682
7,657
7,889
3,721
3,851
3,603
$,667
3,476
3,545
2,248
2,237
2,115
1,794
1,842
3,257
1,854
1,851
1,851
1,882
1,861
1,822
7,034
7,277
6,235
6,765
10,771
10,138
7,660
7,800
7,873
7,839
8,012
8,016
J uly..........
4,979
5,010
4,974
4,933
4,828
3,688
3,788
3,792
3,795
4,179
472
467
463
457
453
12,751
12,720
12,469
12,054
11,954
7,867
7,843
7,825
7,785
7,765
3,589
3,401
2,199
3,390
3,877
2,917
2,956
2,794
2,427
2,702
1,748
2,732
1,731
1,666
1,628
10,487
12,827
12,408
12,087
12,320
8,212
8,503
8,567
9,488
9,678
Sources Monthly Statement of the Public Debt of the United States.
Note: Prior to July 1974 title of this table was "Special Public Debt
Issues"
If
Consists of Government National Mortgage Association fund and MBS
Investment account; National Credit Union insurance fund; Federal
Housing Administration fund; employees life insurance fund; veterans
special life insurance fund; veterans reopened insurance fund;
servicemen's group life insurance fund form August 1969-January 1973;
employees health benefits fund beginning October 1970; ExportImport Bank of the United States from February 1967-October 1968;
General Services Administration participation certificates trust;
and Washington Metropolitan Area Transit Authority from November
1972-March 1973; Indian tribal funds and individual Indian money for
August 1974; Pension Benefit Guaranty Corporation beginning Nov
ember 1974; Bonneville Power Administration and Library of Congress
trust fund beginning January 1975; Tax Court Judges survivors annu
ity fund and Overseas Private Investment Corporation beginning
*
_
-
February 1975. Federal ship financing escrow fishing fund, Federal
ship funancing fund fishing vessels (NOAA), Federal ship financing
revolving fund, gifts and bequests (Commerce), judicial survivors
annuity fund, national insutance development fund (HUD), and the
U.S. Army general gift fund beginning March 1975, Emergency Loan
Guarantee Fund beginning April 1975, Comptroller of the Currency
assessment fund, National Archives Trust fund, beginning July 1975,
Comptroller of the Currency, trustee fund, beginning August 1975,
Federal Financing Bank; National Archives Gift Fund; Public Health
Service, Conditional and Unconditional Gift Fund; HEW; U.S. NavajL
Academy Gift Fund; U.S. Naval Academy Museum Fund; War Risk Revolv
ing Fund; Aviation war risk insurance revolving fund; Department of
State conditional gift fund, general; Harry S. Truman Memorial schol
arship fund; Special Investment Account; Black Lung Disability Trust Fund.
Less tham $500,000.
26
Treasury Bulletin
.FEDERAL DEBT,
Table FD-5. - Interest-Bearing Securities Issued by Government Agencies
(In millions of dollars)
End of
fiscal year
or month
Defense
Department
Housing and Urban
Development Departmemt
Total
amount
outstanding Family housing
and homeowners
If
assistance
Federal
Housing
Adminis
tration
Other independent agencies
Government
National
Mortage
Association
Export-Import
Bank of the
United States
Federal
Home Loan
Bank Board
Postal
Service
Tennessee
Valley
Authority
Other
1,355
1,855
2,255
2,696
2,075
2,075
1,975
1,825
1,825
1,725
3
3
3
3
2
2
2
2
2
1
1,683
1,588
1,484
1,382
1,276
1,171
1,136
1,016
897
767
487
454
412
408
487
581
578
579
601
551
6,005
4,290
4,480
4,370
4,260
4,180
4,145
3,768
3,166
3,004
2,625
1,819
2,221
2,894
2,593
3,174
3,591
2,858
2,141
933
6
5
5
10
1977..........................
1978..........................
1979..........................
12,163
10,894
11,109
12,012
10,943
11,433
11,678
10,298
8,881
7,232
-
250
250
250
250
250
250
250
250
250
1978-Mar......................
9,893
954
607
3,743
2,512
-
250
1,825
2
1978-Oct......................
8,873
8,537
8,487
897
876
868
598
594
588
3,166
3,166
3,141
2,136
1,824
1,813
-
250
250
250
1,825
1,825
1,825
2
2
2
8,279
8,263
7,832
7,663
7,426
7,334
7,263
7,245
7,232
7,213
864
859
839
822
807
796
787
582
586
580
576
568
562
559
552
551
547
3,141
3,414
3,414
3,099
3,099
3,039
3,004
3,004
3,004
3,004
1,617
1,601
1,195
1,191
976
960
937
935
933
928
250
250
250
250
250
250
250
250
250
250
1,825
1,825
1,825
1,725
1,725
1,725
1,725
1,725
1,725
1,725
2
2
2
1
2
2
1
1
1
1
1971..........................
1972..........................
1973..........................
1974..........................
1975..........................
1976..........................
1979-Jan......................
Feb......................
M ar......................
June.....................
July.....................
Sept.....................
End of
fiscal year
or month
1 11
767
759
-
_
-
-
_
Memorandum - Interest-bearing
securities of non-Government agencies 4/
Banks for
cooperatives
3/
Federal home
loan banks
Federal
intermediate
credit banks
If
If
Federal
land
banks
Federal
National
Mortgage
Association
2/ 6/
District of
Columbia
Stadium
Fund
1971...........................
1972...........................
1973...........................
1974...........................
1975...........................
1976...........................
T.Q............................
1977...........................
1978...........................
1979...........................
1,790
1,805
2,338
2,475
2,896
3,694
3,901
4,061
4,317
785
7,923
7,848
12,149
18,622
21,250
19,390
19,111
19,206
27,443
45,518
5,705
6,188
6,673
7,995
9,497
10,298
10,791
11,693
11,555
2,676
6,652
7,393
9,058
11,067
14,192
10,060
16,566
18,719
20,198
17,075
14,996
18,560
21,087
25,232*
28,237
29,863
30,685
31,491
38,353
46,378
20
20
20
20
20
20
20
20
20
20
1978-Mar.......................
4,728
1978- Oct......................
4,264
4,668
4,483
22,132
27,763
39,043
40,432
10,881
11,554
22,548
11,469
19,350
20,260
20,360
20,360
33,350
39,776
39,814
41,080
20
20
20
20
1979-Jan......................
Feb......................
M a r ......................
4,392
3,852
3,351
2,473
1,483
785
785
785
785
584
40,692
41,897
41,641
41,775
42,710
43,159
44,217
45,064
45,518
47,521
9,978
8,958
7,890
6,994
5,958
5,122
4,269
3,427
2,676
2,676
19,275
19,275
19,275
18,389
18,389
18,389
17,075
17,075
17,075
16,006
41,917
42,405
43,625
44,792
44,639
45,775
46,341
46,108
46,378
46,861
20
20
20
20
20
20
20
20
20
20
July.....................
Aug......................
Source: Bureau of Government Financial Operations and Monthly Treasury
Statement of Receipts and Outlays of the U.S. Government.
Note: The Export-Import Bank was moved within the Budget effective
October 1, 1976 pursuant to Public Law 93-646. Adjustments are made
to include totals for the period it was outside the Budget (August 17,
1971 through September 30, 1976). Also, adjustments are made to re
flect certain Export-Import Bank borrowing transactions now classified
as agency debt. These transations were previously reported as offbudget negative outlays.
If
Includes unredeemed matured securities outstanding on which interest
has ceased.
Effective September 30, 1968, Federal National Mortgage Association
was converted to private ownership pursuanat to provisions of the
Housing and Urban Development Act of 1968 )P.L. 90-448).
3 f Effcetive December 31, 1968, banks for cooperatives and Federal In
termediate credit banks were converted to private ownership pursuant
to provision of Public Law 90-582, October 17, 1968.
4/ For details of securities outstanding, see Table TSO-5
5/ Includes Federal Home Loan Mortgage Corporation mortgaage backed bonds
beginning November 1970.
6/ Includes mortgage backed bonds beginning June 1970.
If
27
December 1979
FEDERAL DEBT
FD-6. - Participation Certificates
(In million of dollars - face amounts)
Participation certificates issued by GNMA acting as trustee
Export-Import Bank
of the United States
End of
fiscal year
or month
Sales
1971........................
1972........................
1973........................
1974........................
1975........................
1976........................
T . Q .........................
1977........................
1978........................
1979........................
-
1978-Mar.................
1978-Oct....................
-
1979-Jan....................
Feb....................
J une...................
July...................
A u g ....................
Retire
ments
268
608
42
327
..
-
-
-
-
-
-
-
-
Out
standing
Sales
Retire
ments
-
1,226
618
576
249
249
252
252
252
252
252
-
-
252
252
252
252
252
252
252
252
252
252
252
252
252
252
Health, 'Education,
and Welfare
Department 2/
Farmers Home
Administration 1/
Total
Out
standing
Sales
Retire
ments
Out
standing
1,315
1,085
440
110
110
80
35
377
602
-
6,005
4,920
4,480
4,370
4,260
4,180
4,145
3,768
3,166
3,004
-
80
168
24
41
133
685
517
493
493
492
492
492
451
318
318
25
42
60
3,743
3,166
3,166
3,141
3,004
3,004
3,004
3,004
-
451
318
318
318
35
-
-
3,141
3,141
3,141
3,099
3,099
3,039
318
318
318
318
318
318
318
318
318
318
Sales
-
Retire
ments
Out
standing
2
6
2
8
15
-
207
201
199
199
198
198
198
190
175
175
-
190
175
175
175
175
175
175
175
175
175
175
175
175
175
Participation certificates issued by GNMA acting as trustee - Continued
End of
fiscal year
or month
Housing and Urban Development Department
Office of Secretary 3/
Sales
1971........................
1972........................
1973........................
1974........................
1975........................
1976........................
1977........................
1978........................
1979........................
1978-Mar....................
1978-Oct....................
1979-Jan.................... .
Fe b ....................
M a r ....................
June...................
July...................
_
“
Retire
ments
963
405
34
7
14
_
-
Out
standing
1,146
741
707
707
707
707
707
700
685
685
700
685
685
685
685
685
685
685
685
685
685
685
685
685
Sales
Retire
ments
_
_
“
Out
standing
81
193
95
65
70
41
19
165
174
11
18
26
1,626
1,433
1,338
1,273
1,204
1,164
1,145
980
806
783
969
806
806
795
795
795
795
777
777
751
738
738
738
738
12
”
Veterans
Administration 6/
Small Business
Administration 5/
Government National
Mortgage Association 4/
Sales
_
"
Out
standing
Retire
ments
91
206
41
102
32“
691
485
444
444
444
444
444
342
311
311
342
311
311
311
311
311
311
311
311
311
311
311
311
311
Sales
_
"
Retire
ments
Out
standing
99
107
243
45
41
40
16
54
234
94
14
1,650
1,543
1,300
1,255
1,214
1,175
1,159
1,105
871
777
1,092
871
871
857
24
34
857
857
857
833
833
800
23
"
777
777
777
777
—
Source: Bureau of Government Financial Operations.
Includes the Direct Loan program through September 1972, the Agricultural Credit Insurance fund beginning October 1972, and the Rural
Housing Loan programs.
2/ Includes Construction of Higher Education Facilities, Health Professions Education fund, and Nurse Training fund.
3/
1/
4/
5/
6/
Includes College Housing, Housing for the Elderly, and Public Facility
programs.
Includes Special Assistance, and Management and Liquidating programs.
Includes programs for Disaster Loans, and Business Loans and Investments.
Includes Direct Loan and Loan Guaranty programs.
Treasury Bulletin
28
_______________________________________ FEDERAL
Table FD-7. - Maturity Distribution and Average Length of Marketable Interest-Bearing Public Debt
Held by Private Investors
(In millions of dollars)
*
Maturity classes
End of
fiscal year
or month
Amount
outstanding
privately
held
20 years
and over
14,503
16,033
16,385
14,197
15,385
24,169
31,247
33,067
33,500
32,279
6,357
6,358
8,741
9,930
8,857
8,087
7,939
8,428
11,383
18,489
7,645
6,922
4,564
3,481
4,611
6,652
7,262
10,531
14,805
20,304
3
3
3
2
.2
2
2
2
3
3
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
6
3
1
11
8
7
9
11
3
7
mos.
mos.
mo.
mos.
mos.
mos.
mos.
mos.
mos.
mos.
132,501
136,064
133,876
128,293
29,414
33,476
33,695
33,604
9,635
12,746
13,879
13,833
12,669
14,820
15,314
15,278
2
3
3
3
yrs.
yrs.
yrs.
yrs.
11
2
4
4
mos.
mos.
mos.
mos.
184,277
185,602
186,967
185,725
188,018
184,113
133,992
132,434
129,454
132,538
130,576
124,443
33,690
31,299
31,245
31,235
33,572
33,359
15,282
15,195
15,141
16,578
17,326
17,271
15,315
17,267
17,254
17,239
18,508
18,462
3
3
3
3
3
3
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
3
5
4
4
6
6
mos.
mos.
mos.
mos.
mos.
mos.
183,277
182,891
181,883
182,297
129,462
130,607
127,574
134,205
33,555
32,392
32,279
32,325
18,617
18,548
18,489
19,938
18,390
20,334
20,304
20,309
3
3
3
3
yrs.
yrs.
yrs.
yrs.
6
8
7
8
mos.
mos.
mos.
mos.
1-5
years
161,863
165,978
167,869
164,862
210,382
279,782
294,595
326,674
356,501
380,530
74,803
79,509
84,041
87,150
115,677
151,723
153,203
161,329
163,819
181,883
58,557
57,157
54,139
50,103
65,852
89,151
94,845
113,319
132,993
127,574
362,693
362,443
367,256
365,239
178,474
165,337
170,492
174,231
1979-Jan.....................
Feb.....................
M a r .....................
A p r.....................
382,556
381,797
380,060
383,315
388,001
377,649
July....................
383,102
384,771
380,530
389,074
1974..........................
1975..........................
1976..........................
1977..........................
1978..........................
1979..........................
1978-Mar......................
1978-Oct.....................
D e c.....................
Average length 1/
10 -20
years
Within
1 year
5-10
years
Source:
Office of Government Financing in the Office of the Secretary.
1 / Beginning with the September 1976 Treasury Bulletin the average length
of the interest-bearing marketable public debt is computed on that
part of the outstanding public debt privately held.
Table FD-8. - Debt Subject to Statutory Limitation
(In millions of dollars)
End of
fiscal year
or month
Statutory
debt
limit
Interest-bearing debt
subject to limitation
Debt outstanding sub
ject to limitation
Other debt
1/ 2/
Public debt
Other debt
Non-interest-bearing debt
subject to limitation
Public debt
1/
Total
Public debt
1/
1977..........................
1978..........................
1979..........................
430,000
450,000
465,000
495,000
577,000
636,000
636,000
70p,000
798,000
830,000
399,475
428,576
•459,089
476,006
534,207
621,556
635,822
699,963
772,691
827,614
396,678
425,813
456,697
473,618
532,565
619,820
634,089
698,229
770,935
825,910
2,797
2,764
2,392
2,388
1,642
1,736
1,733
1,734
1,756
1,704
396,289
425,360
425,353
473,238
532,122
619,254
633,560
697,629
766,971
819,007
1,972
1,939
1,567
1,563
1,642
1,736
1,733
1,734
1,756
1,704
389
453
343
380
443
566
529
600
3,963
6,903
1978-Mar......................
752,000
739,103
737,341
1,763
736,929
1,763
412
1978-Nov......................
798,000
798,000/
784,165
790,340
782,416
788,597
1,748
1,743
782,048
782,371
1,748
1,743
369
6,226
•1979-Jan......................
Feb......................
798,000
798,000
798,000
830,000
830,000
830,000
791,581
793,337
797,920
797,505
805,909
806,022
789,844
791,598
796,183
795,774
804,185
804,304
1,736
1,739
1,737
1,731
1,724
1,718
789,502
791,249
792,344
795,434
803,816
799,863
1,736
1,739
1,737
1,731
1,724
1,718
343
349
3,839
339
369
4,441
830,000
830,000
830,000
879,000
879,000
808,583
814,240
827,614
827,879
834,924
806,868
812,532
825,910
826,178
833,224
1,715
1,708
1,704
1,701
1,699
806,508
812,095
819,007
825,736
832,730
1,715
1,708
1,704
1,701
1,699
360
436
6,903
442
495
1971..........................
1972..........................
1973..........................
1974..........................
1975..........................
1976..........................
M a y......................
July.....................
Au g ......................
Source:
Monthly Statement of the Public Debt of the United States.
Note: For debt subject to limitation since 1940, see Table 21 of the
Statistical Appendix to the Annual Report of the Secretary of the
Treasury of the State of the Finances for fiscal 1978. For a summary
of legislation of debt limitation under the Second Liberty Bond Act
and the amounts of limitation, see Table 32 of the Statistical Appendix.
1/
2/
Other debt
1/
825
825
825
825
-
_
-
-
Adjusted to exclude notes to IMF and other international lending or
ganizations from public debt and include them in "Other debt" to
conform with the budget presentation and the source for this table.
Consists of guaranteed debt of Government agencies, specified partic
ipation certificates, District of Columbia Stadium Bonds and notes
of international lending organizations.
29
December 1979
FEDERAL DEBT
Table FD-9. - Status and Application of Statutory Limitation
The Second Liberty Bond Act (31 U.S.C. 757b), as amend
The
ed, provides that the face amount of obligations issued under
authority
of that
Act, and the face amount of
that
obligations
tions
Act
of June 30, 1967 (Public Law 90-39)
issued under section 302
guaranteed as to principal and interest by the United States,
Mortgage Association Charter Act
shall not
the fiscal year
at
any
exceed in the aggregate $400 billion
time.
Public Law 96-78 provides that beginning
September 29, 1979, and
debt limit
outstanding
ending on May 31, 1980, the
shall be temporarily increased by $479
on
added to
Public
1968 and
(c) of %he Federal National
(12 U.S.C. 1717 (c) during
outstanding
at any time shall be
the amount otherwise taken into account in
mining whether the
billion.
provides
the face amount of beneficial interests and participa
deter
requirements of the above provisions are
met.
Part A. - Status Under Limitation November 30, 1979
(In millions of dollars)
Public debt subject to limit:
Public debt outstanding................................................................... -................................
Less amounts not subject to limit:
Treasury..................................................................................................................
Federal Financing Bank........................................................................................... .
Total public debt subject to limit............................................................................ ...........
Other debt subject to limit:
Guaranteed debt of Government agencies....................................................................................
Specified participation certificates.....^.............................. .................................................
$833,833
606
(*)
833,,224
Total debt subject to limit.................................................... .............................................
834.,924
Statutory debt limit.........................................................................................................
879,
Balance of statutory debt limit.............................................................................................
o
o
o
Total other debt subject to limit.................. ......................................................................
564
1,,135
1 =,699
44,076
Part B. - Application of Statutory Limitation
Classification
Amount outstanding
Interest-bearing debt:
Marketable:
Bills:
Treasury......................................................................................................................
$165,100
Notes:
Treasury......................................................................................................................
279,723
Bonds:
Treasury......................................................................................................................
74,751
Total m a r k e t a b l e ....................................................................................................................................
519,573
Nonmarke tab le:
Government:
Depositary series...............................................................................................................
6
Foreign series:
Dollar denominated............................................................................................................
23,895
Public:
, Foreign currency denominated.................................................................................................
Government account series................. ....................................................................................
Investment series................................................................. .............................................
R.G.A. series...................................................................................................................
State and local government series..............................................................................................
United States individual retirement bonds.....................................................................................
United States retirement plan bonds...........................................................................................
United States savings bonds....................................................................................................
Uai-fced- Spates savings n o tes ,....................... .... *...» * *. ....xi«. & .................. ....................................
Total nonmarketable.............................................................. ..............................................
5,269
176,992
2,245
16
_
24,497
42
171
79,669
354
......... 313,157
Total interest-bearing debt......................................................................................................
832,730
Non-interest-bearing debt:
'
""
Matured debt......................................................................................................................
Other..............................................................................................................................
Total non-interest-bearing debt..................................................................................................
259
..............844
........... 1,103
Total public debt outstanding......................................................................................................
833,833
Source: Monthly Statement of the Public Debt of the United States.
*
$500 thousand or less.
30
Treasury Bulletin
FEDERAL DEBT
Table FD-10. - Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(In millions of dollars)
Housing and Urban
Development Department
Agriculture Department
End of
fiscal year
or month
1971...................
1972...................
1973...................
1974...................
1975...................
1976...................
Total
Agency
for
Inter
national
Develop
ment 1/
Federal
Financing
Bank
_
31,944
33,939
34,237
35,434
44,674
53,091
57,374
66,353
85,626
105,931
451
416
374
327
233
_
_
_
-
602
13,466
22,413
25,884
35,418
48,078
63,836
77,415
-
42,169
1978-Nov..............
87,926
90,612
-
49,645
51,298
1979-Jan..............
Feb..............
93,444
95,298
98,075
99,971
101,657
103,493
_
_
_
1977...................
1978...................
1979...................
Aor..............
M a y ..............
July.............
Au g •••••••••••••*
Sept..............
103,731
104,791
105,931
108,557
111,061
-
_
_
_
_
Govern
ment
National
Mortgage
Assn. 5/
Other
£/
10,230
7,865
1,922
18
2,811
800
364
11,565
12,681
7,981
8,027
2,222
2,222
197
47
2,811
2,811
800
800
581
619
14,206
14,558
14,840
14,996
14,909
14,569
8,059
8,104
7,865
7,957
7,998
8,017
2,272
2,796
2,996
3,346
3,346
3,371
221
108
411
426
554
-
2,811
2,811
2,811
2,687
2,687
2,687
800
800
800
800
800
800
679
715
751
795
855
908
14,060
13,850
13,927
14,274
14,980
8,065
8,103
7,865
7,942
7,986
3,371
3,371
3,371
3,371
3,381
50
151
226
2,687
2,687
2,687
2,687
2,687
300
300
300
300
250
1,031
1,106
1,210
1,432
2,305
_
_
_
-
-
Interior
Department
Rural
Telephone
Bank
Helium
fund
_
Ten
nessee
Valley
Author
ity
Transpor
tation
Dept.
Saint
Lawerence
Seaway
Develop
ment
Corp.
Veterans
Adminis
tration:
Direct
loan
program
1,730
-
243
114
113
1,730
1,730
-
361
361
150
150
150
150
150
150
113
113
113
113
113
113
1,730
1,730
1,730
1,730
1,730
1,730
"
150
150
150
150
150
113
113
113
113
113
1,730
1,730
1,730
1,730
1,730
-
1,730
1,730
1,730
1,730
1,730
1,730
1,730
1,730
1,730
1,730
252
257
150
115
3,969
3,969
252
252
319
319
150
150
5,242
5,275
5,380
5,427
5,389
5,388
3,969
3,969
3,969
3,969
3,969
3,969
252
252
252
252
252
252
325
334
334
340
347
351
5,456
5,512
5,587
5,718
5,865
3,969
3,969
3,969
3,969
3,969
252
252
252
252
252
372
387
395
395
395
4,819
3,669
1978-Nov...............
5,230
5,213
1979-Jan..............
F eb..............
Other
£/
-
49
132
191
201
234
319
395
130
127
123
121
120
118
118
116
115
113
-
Under
Defense
Produc
tion
Act
of 1950
7/
43
43
63
43
44
98
97
223
317
490
100
100
100
100
150
150
150
150
150
150
1978-Mar..............
Oc t.............
-
_
_
1977..................
1978................. .
1979..................
July.............
Au g........... ...
-
352
333
351
414
455
124
149
264
490
1,210
.
207
251
252
252
252
251
252
252
252
252
Other
y
800
800
800
800
800
800
800
800
800
300
-
223
665
1,641
2,462
3,677
4,666
4,878
3,529
3,969
3,969
Apr............
M a y ..............
Urban
renewal
fund
2,450
2,781
2,811
2,811
2,811
2,811
2,811
2,811
2,811
2,687
-
3,552
3,781
3,053
3,133
5,413
6,124
5,907
4,908
5,248
5,587
1971..................
1972..................
1973..................
1974..................
1975..................
1976..................
College
housing
loans
783
1,743
1,888
2,457
207
11
73
3
50
1,247
1,534
1,491
61,798
62,880
63,836
65,583
66,281
11
Office of the Secretary
1,391
1,606
1,610
2,545
.1,482
1,717
1,867
1,922
2,222
3,371
-
52,254
53,221
55,310
56,610
58,186
60,813
Rural
Electri
fication
Adminis
tration
5,746
6,051
6,563
6,963
7,409
7,512
7,409
7,865
7,865
7,865
-
-
Commodity
Credit
Corp
oration
ExportImport
Bank of
the
United
States
11,977
11,501
10,864
8,608
5,046
2,840
3,556
6,128
11,261
13,927
_
-
Housing and Urban Development
Department - Continued
End of
fiscal year
or month
Federal
Home Loan
Bank Board
Secretary:
Farmers
Home
Adminis
tration
Programs
1/
2,010
2,010
2,014
2,015
9/
9/
9/
If
'
362
364
364
373
374
375
379
381
490
490
490
31
December 1979
_ FEDERAL DEBT______
Footnotes to Table FD-10.
Source:
Bureau of Government Financial Operations,
Note: These securities were issued to the Treasury in exchange for ad
vances by the Treasury from public debt receipts under congressional
authorizations for specified Government corporations and other agen
cies to borrow from the Treasury. Further detail may be found in
the 1978 Statistical Appendix to Annual Report of the Secretary of
the Treasury, pages 410-415, and the 1978 Combined Statement of Receipts,
Expenditures and Balances of the United States Government, pages
558-560.
1/ And predecessor agencies. Beginning fiscal 1957 figures exclude notes
previously issued by the Administrator in connection with informational
media guaranties. The obligation for these notes was assumed by the
Director of the United States Information Agency, pursuant to the act
approved July 18, 1956 (22 U.S.C. 1442), and the notes together with
others issued for the same purpose are included in "Other."
2/ Farm housing and other loan programs, Agricultural Credit Insurance
Fund (formerly Farm Tenant Mortgage Insurance Fund), Rural Housing
Insurance Fund, and Rural Development Insurance Fund.
3/ Includes securities transferred from the Reconstruction Finance
Corporation.
4/ Consists of notes issued to borrow for: public facility loans; Low
Rent Public Housing Fund; and advances for National Flood Insurance
Fund; and Housing for the Elderly or Handicapped.
5/ Consists of liabilities taken over by the Association from the
Secretary in accordance with the act approved August 2, 1954, and
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 Administra
tion beginning January 1966; Housing Assistance Administration from
September 1968-December 1969.
7J
8/
9/
Consists of notes of: The Administrator, General Services Adminis
tration, for defense materials procurement; the Secretary of Agri
culture; the Secretary of the Interior (Defense Minerals Exploration
Administration); and the Secretary of the Treasury through
May 1964.
Consists of notes issued by the: International Communication Agency
for informational media guaranties (see footnote 1); Secretary of
Commerce (Maritime Administration) for the Federal Ship Mortgage
Insurance Fund, fiscal years 1963-67 and Federal Ship Financing Fund
(NOAA), beginning December 1972; Virgin Islands Corporation from
September 1959-September 1968; District of Columbia Commissioners
for the Stadium Sinking Fund beginning December 1971; Secretary of
the Interior (Bureau of Mines) for development and operation of he
lium properties beginning May 1964; Bureau of Commercial Fisheries
for Federal Ship Mortgage Insurance Fund, Fishing Vessels from Jan
uary 1966 - May 1967; and revenue bonds for Smithsonian Institution
(John F. Kennedy Center Parking Facilities) beginning July 1968;
Secretary of Transportation (Washington Metropolitan Area Transit
Authority) beginning December 1972; Health, Education, and Welfare,
Office of Education (Student Loan Insurance Fund) from May 1973 August 1973; Pension Benefit Guaranty Corporation from September 1974
Federal Railroad Administration, rail service assistance, beginning
January 1976, and regional rail reorganization, April, 1976;
Bonnerville Power Administration beginning September 30, 1977;
Secretary of'Energy beginning October, 1977; General Services
Administration (Pennsylvania Avenue Corporation) beginning
November, 1977.
Outstanding loans cancelled pursuant to Public Law 93-426, dated
September 30, 1974.
32
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table PDO-1. - Maturity Schedule o f Interest-Bearing Marketable Public Debt Securities
Other than Regular Weekly and 52-Week Treasury Bills
Outstanding,, November 30, 1979
(In m i l l i o n s o f doll a r s )
Amount of maturities
Amount of maturities
Date
of final
maturity
1979
Dec.
Dec.
31.
31.
Description
7-1/2%-G
7-1/8%-X
Note
Note
Issue
date
1/6/76
1/3/78
Total.
1980
Jan.
Feb.
Feb.
Feb.
Mar.
Apr.
Apr.
May
M ay
June
June
July
Aug.
Aug.
Aug.
Sept.
Sept.
Oct.
Oct.
Nov.
Nov.
Nov.
Dec.
Dec.
31.
15.
15.
29.
31.
1.
30.,
15.,
31.
30.
30.
31.
15.
15.
31.
30.
30.
1.
31.
15.
15.
30.
31.
31.
7-1/2%-K
47.
6-1/2%-G
7-5/87.-L
7-1/2%-C
1-1/27.-EA
7-3/4%-N
6-7/87.-A
87.-P
7-5/87.-D
8-1/47.-Q
8-1/27.-R
97.-B
6-3/4%-H
8-3/87.-S
6-7/87.-E
8-5/87.-T
1-1/27.-E0
8-7/87.-U
3-1/27.
7-1/87.-J
9-1/4%-V
5-7/87.-F
9-7/87.-W
1/31/78
1/23/59
2/15/77
2/28/78
3/17/76
4/1/75
5/1/78
5/15/73
5/31/78
6/10/76
6/30/78
7/31/78
8/15/74
8/15/77
8/31/78
9/14/76
10/2/78
10/1/75
10/31/78
10/3/60
11/15/77
11/30/78
12/7/76
1/02/79
T otal.....
1981
Jan. 31.
Feb. 15.
Feb. 15.
Feb. 28.
Mar. 31.
Mar. 31.
Apr.
1.
Apr. 30.
May
15.
May
15.
May
31.
June 30.
June 30.
July 31.
Aug. 15.
Aug. 15.
Aug. 15.
Aug. 31.
Sept. 30.
Sept. 30.
Oct1.
Oct. 31.
Nov. 15.
Nov. _15.
Nov. 30.
Dec. 31.,
9-3/47.-P
77.-A
7-3/87.-C
9-3/47.-Q
6-7/87.-H
9-5/87.-R
1-1/27.-EA
9-3/47.-S
7-3/87.-D
7-1/27.-M
9-3/4%-T
6-3/47.-J
9-1/8%-U
9-3/87.-V
77.
7-5/87.-F
8-3/87.-N
9-5/87.-W
6-3/47.-K
10-1/87.-X
1-1/27.-E0
12-5/87.-Y
7-3/47.-B
27.-G
12-1/87.-Z
7-1/4%-L
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Bond
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
15.
15.
31.
1*.
15.
15.
15.,
30.,
15.,
15..
30.,
1.,
15..
15.,
31.
6-3/87.
6-1/87.-D
7-7/87.-G
1-1/27.-EA
87.-A
77.-E
9-1/47.
8-1/47.-H
8-1/87.-B
87.-M
8-3/87.-J
1-1/27.-E0
7-7/87.-C
7-1/87.-F
9-3/87.-L
87.-A
9-1/47.-D
I-1/27.-EA
7-7/87.-C
II-5/8%-G
3-1/47.
8-7/87.-E
9-3/4%-F
1-1/27.-E0
7%-B
T otal.....
156
581
Bond
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Bond
Note
Note
Note
Note
1,850
3,339
5,189
3,875
2,344
4,608
3,820
6,076
403
786
1,511
363
792
3,472
1,558
3,097
3.457
5,284
3,180
7,265
3,098
2,115
4,407
4,164
4,296
4,133
3.545
2,141
3,906
3
3,790
1,744
4,600
3,195
2,692
3.546
441
5,551
183
322
861
754
2,684
675
498
153
726
2,739
1,714
2,915
1,863
3,546
3,410
1,612
3.458
3,047
1,988
3,180
3
3,436
1,131
3,898
82,615
19,276
2
354
613
702
307
45
552
2
2,888
2,647
2,994
63,332
415
561
1,066
395
223
698
2,731
1,281
3,730
2,492
2,586
2,818
159
185
1,042
313
75
337
306
409
341
1,301
616
81
400
504
165
2,854
1,835
2,851
2,229
2,439
2,720
2,916
398
2,245
2,809
3,112
2,887
3,294
14
3,979
2,609
2,423
4,340
3,287
76,934
12,055
64,879
2,702
2,697
2,583
(*>
2,747
2,613
3,556
2,594
2 r918
3,587
2,501
1,073
62
247
1,629
2,635
2,336
1,450
50
1,018
105
1,166
1,064
62
1,297
2,563
2,538
2,489
1,752
2,523
2,439
2,902
2,737
3,205
774
223
459
2,128
2,514
2,746
37,343
7,753
29,590
7,958
2,930
2,143
29
5,815
2,901
105
828
2,468
2,784
983
2,745
2,531
2/15/72
1/6/77
3/6/78
4/1/77
5/15/75
4/4/77
11/15/78
6/7/78
8/15/75
8/15/79
9/6/78
10/1/77
11/17/75
10/17/77
1/2/79
Tot a l......
1983
Feb. 15___
Mar. 31 ___
Apr.
1....
May
15....
May
15
June 15> 78-83
June 30...
Sept. 30....
Oct.
1
Nov. 15
2,006
3,920
All
other
investors
1/31/74
3,146
2/15/79
1,842
2/18/75
4,796
2/28/79
2,887
3/8/77
2,809
4/9/79
3,516
4/1/76
<*)
4/30/79
3,013
1/26/76
2,020
2/15/78
3,893
5/31/79
2.542
6/3/77
2,514
7/2/79
3,057
7/31/79
3,222
8/15/71
807
7/9/76
2,586
8/15/78
4,110
8/31/79
3,728
9/7/77
2,968
10/9/79
3,694
10/1/76
14
10/31/79
4,454
11/15/74
4,477
10/12/76
2.543
11/30/79 '
12/07/77
3,452
T o tal.....
1982
Feb.
Feb.
Mar.
Apr.
May
May
May
June
Aug.
Aug.
Sept.
Oct.
Nov.
Nov.
Dec.
U.S. Govt,
accounts and
Federal R e
serve banks
5,926
Note
Bond
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Bond
Note
Note
Note
Note
2/17/76
3/5/79
4/1/78
4/5/78
11/15/79
5/1/53
7/2/79
10/10/79
10/1/78
11/15/76
Date
of final
maturity
Held by 1/
1
(*)
475
1,868
120
(*)
2,573
3,612
1,203
3,123
2,802
1
220
378
271
<*)
1
<*>
1
2,309
101
2,208
26,511
4,075
22,436
1984
Feb.
Apr.
May
Aug.
Aug.
Description
7-1/47.-A
1-1/27.-EA
9-1/47.-C
6-3/87.
7-1/47.-B
15......
15......
15,75-85
15......
8 %-A
3-1/47.
4-1/47.
8-1/47.-I
2/15/77
4/1/79
9/5/79
8/15/72
8/15/77
Note
Bond
Bond
Note
2/15/78
6/3/58
4/5/60
8/15/78
Note
Note
Bond
5/17/76
8/16/76
11/15/71
Total..,
1986
May
Aug.
Nov.
7-7/87.-A
87.-B
6-1/87.
Total....,
1987
Feb.
Nov.
97.-B
7-5/87.-A
Note
Note
2/15/79
11/15/77
1988
Ma y
Nov.
8-1/47.-A
8-3/47.-B
Note
Note
5/15/78
11/15/78
1989
May
Nov.
9-1/47.-A
10-3/47.-B
Note
Note
5/15/79
11/15/79
U.S. Govt,
accounts and
Federal R e
serve banks
3-1/27.
8-1/47.
1992
Aug. 15,87-92
Aug. 15......
4-1/47.
7-1/47.
Bond
Bond
Bond
Bond
2/14/58
4/7/75
5/15/62
7/8/77
All
other
investors
8,438
(*)
2,587
2,203
2,863
3,926
73
1,249
385
4,512
(*)
2,514
954
2,478
16,091
5,633
10,458
4,203
695
980
4,837
1,448
178
347
1,624
2,755
517
633
3,213
10,715
3,597
7,118
5,219
9,515
1,196
1,134
864
4,085
7,513
332
15,930
4,000
11,930.
6,238
2,387
1,652
616
4,586
1,771
8,625
2,268
6,357
4,148
3,445
1,750
1,128
2,398
2,317
7,593
2,878
4,715
2,628
2,414
441
400
2,187
2,014
2,002
5,042
1990
Feb.
May
4,201
2,478
1,247
863
407
1,615
840
3,725
1,270
2,455
2,638
1,504
1,091
95
1,547
1,409
2,956
1993
Feb. 15,88-93
Feb. 15......
Feb. 15......
Aug. 15,88-93
Aug. 15......
Nov. 15...... .
47.
6-3/47.
7-7/87.
7-1/2%
8-5/8%
8-5/87.
Bond
Bond
Bond
Bond
Bond
Bond
1/17/63
1/10/73
1/6/78
8/15/73
7/11/78
10/10/78
Total..,
1994
Feb. 1 5 ......
M a y 15,89*94
Aug. 1 5 ......
Nov. 15......
97.
4-1/85!.
8-3/47.
10-1/8%
Bond
Bond
Bond
Bond
1/11/79
4/18/63
7/9/79
10/18/79
Total...,
1995
Feb. 15......
37.
1998
M ay 15,93-98
Nov. 1 5 ......
77.
3-1/27.
158
627
1,501
1,914
1,768
1,509
42
209
151
1,321
108
143
116
418
1,350
593
1,660
1,366
7,477
lr,974
5,503
3,010
948
1,506
1,501
60
423
18
5
2,950
525
1,488
1,496
6,965
6,459
2/15/55
Bond
Bond
5/15/73
10/3/60
692
1,743
5/15/74
Total..,
1999
May
328
714
364
1,029
2,435
1,042
1,393
2,414
1,653
15,94-99
8-1/27.
Feb. 15.95-00
Aug. 15.95-00
7-7/87.
8-3/8%
Bon d
Bond
2/18/75
8/15/75
2,771
4,662
599
2,119
2,172
2,543
7,433
2,718
4,715
8%
Bond
8/16/76
1,575
2001
Aug. 15,96-01
2005
May
15-,00-05
8-1/4%
Bond
5/15/75
4,246
2,178
2,068
2007
Feb. 15.02-07
Nov. 15.02-07
7-5/8%
7-7/8%
Bond
2/15/77
Bond : 11/15/77
4,249
1,495
1,554
264
2,695
1,231
2008
Aug. 15.03-08
Nov. 15.03-08
5,744
1,81ft
8-3/8%
8-3/4%
Bond : 8/15/78
Bond
11/15/78
2 r103
5,230
747
1,615
1,356
3,615
7,333
2,362
4,971
Bond
Bond
4,606
2,316
727
317
3,879
1,999
6,922
1,044
5,878
-Total....,
2009
May 15.04-09
Nov. 15.04-09
9-1/8%
10-3/8%
Total....
Source:
Monthly Statement of the Public Debt of the United States, and
Office of Government Financing in the Office of the Secretary.
1/ 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.
Note
Note
Note
Bond
Note
Total.
1985
Feb.
May
Ma y
Aug.
Held by 1/
Issue
date
2/
*
5/15/79
11/15/79
Treasury note 7-3/87. Series C-1981 and 7-3/87. Series B-1981 were two
separate issues consolidated effective Sept. 1976. Series E-1981
notes wer e issued on Apr. 5, 1976, but are treated as if they were
an additional issue of Series C-1981.
Less than $500,000.
n.a* Not available.
December 1979
33
PUBLIC DEBT OPERATIONS.
Table PDO-2. - Offerings of Bills
(Amounts, in millions of dollars)
Description of new issue
Maturity
date,
Issue date/
Number o r
days to
maturity 1/
Amount of
bi*Ls
tendered'
Amounts of bids accepted
Total
Amount
On com
petitive
basis 2 /
On noncom
petitive
basis 3/
Amount
maturing on
issue date
of new
offering
Total
unmatured
issues out
standing after
new issues
Regular we ekly:
(13-week and 26-week)
1979-A u g .
2
/1979-Nov.
11980-Jan.
9
/1979-Nov.
U980-Feb.
16
91
182
5,540.9
5,794.9*
3,006.3
3,004.6
2,511.9
2,652.0
494.4
352.6
3,006.6
3,005.5
37, 635.0*
77;618*Or
7
91
182
4,875.2
4,675.4
3,007.1
3,006.5
2,510.2
2,651.3
496.9
355.2
3,004.2
3,006.7
37,860.0
77,617.8r
/1979-Nov.
t1980-Feb.
15
14
91
182
4,334.4
4,965.2
3,006.4
3,004.0
2,508.3
2,662.8
498.1
341.2
3,001.8
2,906.8
37,864.5
77,715.Or
/1979-Nov.
\1980-Feb.
23
21
92
182
5,103.9
5,484.8
2,993.7
3,006.1
2,493.2
2,670.4
500.5
335.6
2,802.7
3,014.8
38,055.5
77,706.3r
/1979-Nov.
\1980-Feb.
29
28
91
182
4,611.5
5,292.6
2,993.8
2,997.8
2,512.9
2,698.7
480.9
299.1
2,805.7
3,007.0
38,243.6
77,97,1*
C L979-Dec.
\1980-Mar.
6
6
91
182
5,258.4
5,365.3
3,014.5
3,008.0
2,553.9
2,715.4
460.6
292.6
2,805.0
3,003.2
38,453.1
77,7§l«9r
i^
IT1979-Dec.
\1980-Mar.
13
13
91
182
4,496.8
4,880.4
3,007.3
3,108.8
2,454.5
2,74L,7
552.7
367.1
2,902.5
3,000.4
38,557.9
77,810*3r
on
/1979-Dec.
t1980-Mar.
20
20
91
182
4,924.4
4,520.8
3,007.7
3,107.8
2,465.5
2,705.5
542.2
402.3
2,906.5
3,008.6
38,659.1
77,909.5r
27
/1979-Dec.
\1980-Mar.
27
27
91
182
4,551.7
4,278.6
2,904.1
3,005.0
2,416.9
2,649.4
487.2
355.6
2,906.5
3,004.3
38,656.7
77,910.2r
30
Sept.
Ai
Oct.
Nov,
1
31
8
|
V
Jan.
Apr.
3
3
91
182
4,212.0
4,088.8
2,896.1
3,015.2
2,456.1
2,663.9
440.0
351.3
2,903.2
3,003.6
38,649.6
77,921.8r
/
V.
Jan.
Apr.
10
10
91
182
3,879.6
4,784.4
2,922.5
3,019.0
2,428.1
2,602.1
494.4
416.9
2,904.6
3,004.5
38,667.4
77,936.4r
18...........
I
V
Jan.
Apr.
17
17
91
182
4,413.7
5,107.5
2,906.3
3,009.1
2,906.3
2,499.9
672.9
509.2
2,903.4
3,008.1
38,670.2
77,«37.4r
25...........
I
L
/
V
/
/
V.
/
/
Jan.
Apr.
Jan.
May
24
24
31
1
91
182
91
182
4,712.3
5,005.3
3,110.7
3,116.9
2,398.2
2,588.0
712.5
529.0
3,004.5
5,002.7r 4/
38,776.4
78,053.2r
4,875.9
5,879.1
3,113.9
3,113.0
2,338.4
2,576.5
775.5
536.5
3,006.3
3,112.9
38,884.1
78,053.3
Feb.
May
7
8
91
182
4,560.5
5,155.9
3,108.1
3,107.3
2,477.5
2,611.0
630.6
496.2
3,007.1
3,004.4
38,985.0
78,156.2
Feb.
May
14
15
91
182
4,398.8
5,067.1
3,112.5
3,112.2
2,551.7
2,677.3
560.8
434.9
3,006.4
3,002.1
39,091.1
78,266.4
fV. 3
eb*
May
21
22
90
181
5*.063,»,4
5,206.4
3*113.*5
3,099.2
2*490*2
27641.7
623*3
457.6
2,993*7
2,903.7
39*210,9
f
Feb.
May
28
29
91
182
3,743.9
4,323.9
3,209.9
3,214.9
2,752.6
2,847.4
457.2
367.5
2,993.8
2,906.5
39,427.0
78,770.3
Nov.
Dec.
13
364
364
6,438.6
6,759.5
3,895.8
4,027.7
3,784.0
3,921.8
111.3
105.9
3,587.4
3,838.0
42,89*5.6
43,086.5-
1980-Jan.
Feb.
Mar.
Apr.
Apr.
May
June
8
364
364
364
362
364
364
364
5,851.9
4,989.3
7,047.0
6,967.8
6,516.2
4,127.8
4,961,2
3,704.9
3,539.9
3,324.2
3,342.5
3,025.6
2,756.1
2,785.7
3,520.2
3,379.2
3,182.2
3,146.8
2,903.1
2,496.0
2,667.8
183.1
160.7
142.0
195.7
122.5
260.1
118.0
3,204.8
3,252.7
3,320.9
3,346.0
3,024.4
2,478.2
2,783.7
43,586.6
43,877.4
43,882.3r
43,878.9
43,880*0
44,157.9
44,159*9
364
364
364
5,208.0
5,733.7
5,755.9
3,385.7
3,543.3
3,555.2
3,267.5
3,442.7
3,434.7
118.2
100.5
120.5
3,379.7
3,543.9
3,353.1
44,165.9
44,165.3
44,367.4r
1 ...........
V
V.
1978-N o v .
14..........
Dec.
12 ......................
1979-Jan.
Feb.
Mar.
Apr.
May
May
June
9 ......................
6 ..........
6 ..........
5 ..........
1 ..........
29..........
26..........
5
4
1
29
27
24
Sept,
18..........
July
Aug.
Sept.
Oct.
Nov.
16..........
13..........
Oct.
Nov.
14
6
364
359
5,378.7
6,203.0
3,450.6
3,898.0
3,348.1
3,530.6
102.5
367.5
3,474.3
3,895.8
44,343.7
46,347.5
1980-Apr.
24
167
3,160.0
2 ,001.6
-
-
-
-
July
-Aug.
24..........
11
78,451.9
21......................
22
19
16
Cash management.
1979-Nov.
9 . . .................
Footnotes at end of table.
34
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table PDO-2. - Offerings of Bills—Continued
On competitive bids accepted
On total bids 'accepted
Low
High
Issue date
Average price
per hundred
rate J
Price per hundred
Equivalent rate _/
Price per hundred
Equivalent rate __/
Regular weekly:
I
97.686
95.298
9.154
9.301
97.691
95.302
9.135
9.293
97.679
95.294
9.182
9.309
/
\
97.644
95.288
9*320
9.230
97.655
95.322
9.277
9.253
97.637
95.277
9.348
9.342
/
\
97.600
95.207
9.495
9.480
97.613
95.233
9.443
9.429
97.590
95.198
9.534
9.498
23....................
/
\
97.547
95.195
9.598
9.504
97.555 _ j /
95.207
9.567
9.481
97.543
95.191
9.614
9.512
30....................
/
\
97.553
95.124
9.680
9.645
97.565
95.132
9.633
9.629
97.550
95*121
9.692
9.651
A 97.509
I 95.058
9.854
9.775
97.514
95.066
£/
9.835
9.760
97.506
95.056
9.866
9.779
f
6 ....................
13....................
f
97.338
\ 94.796
10.531
10.294
97.350 V
94.814 10/
10.484
10.258
97.328
94.788
10.571
10.309
20...................
f
97.383
94.785
10.353
10.315
97.397
94.794 11/
10.298
10.298
97.376
94.764
10.381
10.357
27...................
/ 97.475
^ 94.887
9.990
10.114
97.481 12/
94.908-13/
9.965
10.072
97.470
94.869
10.009
10.149
F
97.593
10.313
10.328
97.418
94.806
10.215
10.274
97.379
94.742
10.369
10.400
\
V 94.779
Nov.
11...................
f
97.268
V 94.610
10.809
10.661
97.308 15/
94.629 16/
10.650
10.624
97.240
94.592
10.919
10.697
18............. .....
f
97.008
94.077
11.836
11.716
97.069
94 . 105 22./
11.595
11.660
96.983
94.053
11.935.
11.763
25...................
f
96.731
93.604
12.932
12.652
96.758 ia/
93.620 !§/
12.825
12.620
96.701
93.590
13.051
12.679
1....................
f 96.902
i 93.836
"12.256
12*193
96.920 20/
93.847
12.185
12.171
96.892
93.828
8 ....................
f 96.942
1 93.890
12.098
12.086
96.954
93.902
12.050
12.062
96.930
93.886
12.145
12.094
15....................
f 96.960
{ 93.961
12.027
11.945
96.992
94.016
11.900
11.836
96.940
93.938
12.105
11.991
23....................
/•9Z.014
\ 93.949
11344
12.035
97.026
93.959 21/
11.896
12.015
97.005
93.940
11.980
12.053
29...................
f 97.215
^ 94.428
11.017
11.022
97.258
94.465
10.847
10.942
97.168
94.379
11.204
11.118
90.584
90.576
9.312
9.320
90.602
90.587 22./
9.295
9.310
90.556
90.569
9.340
9.327
90.288
90.548
90.410
90.719
90.662
90.745
9.605
9.348
9.485
9.230
9.235
9.153
90.313 24/'
90.595
90.415 25 f
90.719 26/
90.698
90.782'
9.581
9.302
9.480
9.230
9.200
9.117
90.261
90.515
90.401
90.719
90.652
90.727
9.632
9.381
9.494
9.230
9.245
9.171
91.073
8.829
91.086 22J
8.816
91.063
8.839
91.005
90.709
8.896
9.189
91.027 28/
9a. 758
8.874
9.140
^0.978
90.688
8.923
9.210
89,997
9.893
90.032
9.858
88.364
88.223
11.508
11.810
88.382
88.236
11.490
11.797
89.980
88.339
88.217
11.533
11.816
94.163
12.583
94.185
12.535
94.132
12.650
52-weeks:
1978-Nov. 14....................
Dec. 12....................
1979-Jan.
Feb.
Mar.
Apr.
May
*
9 ....................
6 ....................
6 ....................
5 .................. .
1 ....................
29....................
July
Aug.
24....................
21....................
Oct.
Nov.
16....................
13....................
Cash management:
1979-Nov.
9 ...................
^
^
Source:
Monthly Statement of the Public Debt of the United States and
allotments.
1/ The 13-week bills represent additional issues of bills with an
original maturity of 26 weeks.
2,/ For bills issued on or after May 2, 1974, includes amounts exchanged
on a noncompetitive basis by Government accounts and Federal Reserve
banks.
3/ For 13-weeks bill 26-week tender for $500,000 or less from any one
bidder are accepted in full at average prices or accepted competitive
bids; for other issues, the corresponding amount is stipulated in each
offering announcement.
4/ Includes maturing cash management bills issued Nov. 9, 1979.
5/ Bank discount basis.
6/ Except $10,000 at 95.275.
7/ Except $40,000 at 97.680, $160,000 at 97.578 and $650,000 at 97.510.
8/ Except $50,000 at 97.550.
9/ Except $10,000 st 95.275.
10/ Except $3,000,000 at 95.288.
11/ Except $5,000,000 at 95.297, $5,000,000 at 95.269, $5,000,000 at
95.259, $15,000 at 95.826 and $145,000 at 94.797.
12/
13/
14/
15/
16/
17/
18/
19/
20/
21/
22/
23/
24/
25/
26/
27/
28/
r
-
12.295
12.208
9,910
Except $2,610,000 at 97.490.
Except $800,000 at 94.942 and $150,000 at 94.914.
Except $100,000 at 97.441.
Except $640,000 at 97.540 and $620,000 at 97.447.
Except $10,000 at 94.779 and $700,000 at 94.641.
Except $175,000 at 94.111 and $30,000 at 94.110.
Except $75,000 at 96.966, $100,000 at 96.894 and $15,000 at 96.883.
Except $20,000 at 94.050.
Except $85,000 at 96.991.
Except $525,000 at 93.968.
Except $525,000 at 94.489 and $525,000 at 94.469.
Except $1,000,000 at 91.745, $1,000,000 at 91.745 and $1,000,000
at 91-738.
Except $620,000 at 91.000.
Except $815,000 at 90.400 and $100,000 at 90.336.
Except $500,000 at 90.415.
Except $500,000 at 90,823.
Except $2,000,000 at 91.071 and $500,000 at 91.048.
Revised.
December 1979
35
.PUBLIC DEBT OPERATIONSL
Table PDO-3. - New Money Financing through Regular Weekly Treasury Bills
- f
(Do l l a r a m o u n t s in m i l l i o n s )
D e s c r i p t i o n of issue
Issue
date
1978-Feb
Mar.
May
June
1979-Feb
June
Aug.
Sept.
Oct.
New money
increase, or
decrease (-)
18
17
91
182
$4,516
6,266
$2,324
3,509
6.453
6.745
228
23.
May
Aug.
25
24
91
182
4,677
6,341
2,413
3,501
6.460
6.755
208
2.
June
Aug.
1
31
91
182
4,699
6,525
2,307
3,503
6.428
6.709
203
9.
June
Sept.
91
182
4,975
6,901
2,197
3.407
6.349
6.676
195
30.
June
Sept.
29
28
91
182
4,423
5,714
2,305
3,403
6.311
6.666
300
25.
Aug.
Nov.
24
24
91
183
4,380
5.906
2,204
3.407
6.476
7.141
-305
1.
Aug.
Nov.
31
30
91
182
4.496
5,569
2,211
3.407
6.658
7.161
-190
22.
[979-May
Aug.
24
23
91
182
5,577
5,605
3,007
3.015
9.292
9.370
-185
91
182
4,957r
6,209r
3.006
3.007
9.451
9.499
-195
May
Aug.
June
Sept.
7
6
91
182
5,097r
5,685r
2,932r
3.003
9.364
9.415
-178
15.,
June
Sept.
14
13
91
182
5,265r
4,994
3.005
3.000
9.474
9.457
-195
.,
June
Sept.
21
20
91
182
5,134r
5,892r
2,904r
3.009
9.498
9.482
-202r
29.,
June
Sept.
28
27
91
182
5,369r
5,120
3.005
3.004
9.498
9.437
-196r
5.,
July
Oct.
5
4
91
182
5,928
7,727
2,999
3.004
9.594
9.497
-211
12.,
July
Oct.
12
11
91
182
4,976r
6,319
3,011r
3,010r
9.648
9.572
-20Gr
19.
July
Oct.
19
18
91
182
5.907
5,673
3.005
3.008
9.613
9.627
-188
26.
July
Oct.
26
25
91
182
7,796
5,848
3.010
3.001
9.115
9.295
-179
3.
Aug.
Nov.
2
91
182
6,789
6,073r
3,007
3,113r
9.499
9.570
-189r
10.
Aug.
Nov.
91
182
5,765r
5,280
3,010r
3.004
9.621
9.617
-206r
17.
Aug.
Nov.
16
15
91
182
4,980
5,359
3.002
3.002
9.507
9.459
-217
24.
Aug.
Nov.
23
23
91
183
4,148
5,428
2.803
2,904
9.743
9.602
-205
31.
Aug.
Nov.
30
29
91
182
4,368
4,615
2,806
2,907
9.525
9.409
-197
6
1
6
91
182
5,594
5.612
2,805
2.804
16.
15
14
91
182
4,334
4,965
3.006
3.004
9,554
9,425
9.495
9.480
*225
Nov.
1980-Feb.
23.
fl979-Nov.
il980-Feb.
23
21
92
182
5,104
5,485
2.994
3.006
9.598
9.504
182
30..
11979-Nov.
[1980-Feb.
29
28
91
182
4.612
'5,293
2.994
2,998
9.680
9.654
179
214
7.
Sept.
Dec.
102
'1979«•Dec.
J.980- •Mar.
6
6
91
182
5,258
5,365
5.015
3,008-
9.854
9.775
13.
'1979* •Dec.
il980- •Mar.
13
13
91
182
4.497
4.880
3.007
3,109
10,531
10,293
213
20.
fl979- ■Dec.
11980- •Mar.
20
20
91
182
4,924
4,521
3.008
3.108
10,353
10.315
200
4.,
Jan.
Apr.
3
3
91
182
4 ,212
4,089
2*896
3.015
10.313
10,328
-492
Jan.
Apr.
10
10
91
182
3.880
4,784
2,922
3,019
10,809
10,661
-471
18.
Jan.
Apr.
17
17
91
182
4*414
5,107
2,906
3.009
11,836
11.716
-484
25.
Jan.
Apr.
24
24
91
182
4,712
5,005
3.111
3,117
12,932
12,652
-171
Jan.
May
31
91
182
4,876
5,879
3,114
3.113
12.256
12.193
108
7
91
182
4,561
5,156
3.108
3,107
12.098
12.086-
204
4,399
5*067
3.113
3.112
12.027
11.945
216
90
181
5,063
5,206
3.113
3,099
11.944
12.035
315
91
182
3,744
4,324
3,210
3,215
11.018
11,022
524
6..
11
Nov.
Average rate
of bids
accepted If
(Percent)
1978-May
Aug.
22
May
Amount
of bids
accepted
16.
Mar.
Apr.
Number of
days to
maturity
Maturity
date
Amount
of bids
tendered
.
1.,
Feb.
M ay
15...
23...
29..-
Feb.
May
Feb.
May
Feb.
May
1
a
14
15
21
22
28
29
Source. See Table PD0-2.
If Equivalent average rate on bank discount basis,
r
Revised.
91
182
36
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table PDO-4.
O fferings o f P u blic Marketable S ecurities Other than
Regular W eekly Treasury Bills
(Dollar amounts in millions)
Date subscrip
tion books
closed or
tenders re
ceived
1/7/76
1/13/76
l/H/76
2/3/76
2/4/76
2/5/76
2/5/76
2/20/76
3/3/76
3/5/76
3/18/76
6/
3/24/76
3/29/76
4/29/76
5/4/76
5/5/76
5/7/76
5/19/76
5/26/76
6/7/76
6/3/76
6/23/76
6/21/76
6/29/76
7/21/76
7/20/76
8/3/76
8/4/76
8/6/76
8/18/76
8/19/76
8/31/76
6/
9/15/76
9/21/76
9/28/76
10/13/76
10/21/76
11/3/76
11/4/76
11/5/76
11/9/76
11/18/76
11/30/76
12/7/76
12/8/76
12/20/76
12/28/76
1/05/77
1/19/77
2/01/77
2/02/77
2/03/77
2/04/77
2/17/77
2/23/77
3/2/77
3/22/77
3/29/77
3/30/77
6/
4A/77
4/19/77
4/27/77
5/3/77
5/4/77
5/18/77
5/24/77
5/25/77
6/03/77
6/21/77
6/22/77
6/28/77
7/19/77
7/20/77
8/02/77
8/03/77
8/04/77
8/17/77
Issue
date
1/13/76
1/26/76
2/2/76
2/ 17/76
2/10/76
2/17/76
2/17/76
3/3/76
3/9/76
3/17/76
3/31/76
4/1/76
4/5/76
4/6/76
5/4/76
5/17/76
5A7/76
5/17/76
6/1/76
6/1/76
6/8/76
6/L0/76
6/29/76
6/30/76
7/9/76
7/27/76
7/30/76
8/16/76
8/16/76
8/16/76
8/24/76
8/31/76
9/14/76
10/1/76
9/21/76
9/30/76
10/12/76
10/19/76
11/1/76
11/15/76
11/15/76
11/15/76
11/15/76
11/3P/76
12/7/76
12/10/76
12A4/76
12/31/76
1/06/77
1/11/77
2/03/77
2/15/77
2/08/77
2/15/77
2/15/77
2/28/77
3/8/77
3/8/77
3/31/77
4/4/77
4/5/77
4/1/77
4/6/77
5/2/77
5/3/77
5/16/77
5/16/77
5/31/77
6/3/77
5/31/77
6/07/77
6/30/77
6/28/77
7/08/77
8/01/77
7/26/77
8/15/77
8/15/77
8/15/77
8/23/77
Description of securities 1/
5.578#
7-3/8#
6-3/8#
8#
5.572#
7#
8-I/4#
6- 5/ 8#
6. 010#
7-1/2#
6-3/4#
1- 1/ 2#
7-3/8#
5.781#
5.645#
6-1/2#
7-7/8#
7-7/8#
7-1/8#
6.309#
5.520#
7-5/8#
6.081#
6- 7/ 8#
7-5/8#
5.739#
6-7/8#
6-7/8#
8#
8#
5.634#
6- 5/ 8#
6-7/8#
1- 1/ 2#
5.561#
6-1/4#
7#
5.126#
5-7/8#
6-1/4#
7#
7-7/8#
5.201#
5^ j|
4.448#
4.708#
5-1/4#
6- 1/ 8#
4.728#
5-7/8#
6- 1/ 2#
5.345#
7-1/4#
7-5/8#
5-7/8#
6-7/8#
5.226#
6#
7#
5.158#
1- 1/ 2#
4.632#
5-7/8#
5.163#
7-1/4#
7-5/8#
6- 1/ 8#
6-3/4#
5.403#
5.240#
6- 1/ 8#
5.408#
7-1/4#
6-1/4#
5.647#
6-3/4#
7-1/4#
7-5/8#
6.105#
Bill
Note
Note
Note
Bill
Note
Bond
Note
Bill
Note
Note
Note
Note
Bill
Bill
Note
Note
Bond
Note
Bill
Bill
Note
Bill
Note
Note
Bill
Note
Note
Note
Bond
Bill
Note
Note
Note
Bill
Note
Note
Bill
Note
Note
Note
Bond
Bill
Note
Note
Bill
Bill
Note
Note
Bill
Note
Note
Bill
Note
Bond
Note
Note
Bill
Note
Note
Bill
Note
Bill
Note
Bill
Note
Bond
Note
Note
Bill
Bill
Note
Bill
Bond
Note
Bill
Note
Note
Bond
Bill
1/11/77
5/15/81-D
1/31/78-J
2/15/83-A V
2/8/77
2/15/79-H
5/15/2000-05 Reopening
11/30/77-Q
3/8/77
3/31/80-C
3/31/78-K
4/1/81-EA
2/15/81-E
4/5/77
5/3/77
4/30/78-L
5/15/86-A £/
2/15/95-2000-Reopening
5/31/78-M
5/31/77
6/17/76-Reopening
6/30/80-D
6/28/77
6/30/78-N
8/15/81-F
7/26/77
7/31/78-P
8/15/79-J
8/15/86-B
8/15/1996-2001
8/23/77
8/31/78-Q
9/30/80-E
10/1/81-E0
9/20/77
9/30/78-R
11/15/81-G
10/18/77
IO/3I/78-S
11/15/79-K
11/15/83-B
2/15/95-2000-Reopening
11/15/77
11/30/78-T
I2/ 3I/8O-F
4/21/77-Reopening
12/13/77
12/31/78-U
2/15/82-D
1/10/78
1/31/79-L
2/15/80-G
2/07/78
2A5/84-A
2/15/2002-07
2/28/79-M
3/31/81-H
3/7/78
3/31/79-N
5/15/82-E
4/4/78
4/1/82-EA
4/21/77-Reopening
4/30/79-P
5/2/78
2/15/84-A-Reopening
2/15/2002-2007-Reopening
5/31/79-Q
6/30/81-J
5/30/78
6/l6/77-Reopening
6/3O/79-R
6/27/78
8/15/92
7/31/79-S
7/25/78
8/15/80-H
8/15/84-B
2/15/2002-07-Reopening
8/22/78
Period to final
maturity
(years, moinths,
days) 2/
5y 4m
2y
7y
364d
364d
3y
297 3m
ly 9m
4y
2y
5y
4y 10-l/2m
2y
lQy
23y 9m
2y
364d
364d
364d
364d
9d
4y lm
364d
2y
5y lm
364d
2y
3y
lOy
25y
2y
4y
5y
364d
364d
2y
5y
364d
2y
3y
7y
23y 3m
2y
4y lm
2y
5y lm
2y
3y
7y
3Qy
2y
4y lm
2y
5y lm
5y
2y
6y 9m
29y 9m
2y
4y lm
2y
15y lm
2y
3y
7y
29y 6m
365d
132d
364d
364d
364d
364d
364d
15d
364d
364d
9d
364#
364d
364d
Amount of sub
scriptions tendered
Cash
4,901
3,328
3,603
29,211
4,913
4,481
712
4,959
5,666
5,507
4,851
5,180
6,046
5,668
4,712
9,000
1,525
4,952
4,381
6,007
5,246
4,856
4,296
5,581
5,663
4,829
5,693
24,426
2,556
4,934
4,827
5,442
6.454
5,335
4,205
5,219
4,324
5,691
6,469
1,545
5,376
4,090
5,621
4,700
6,940
6,596
5,318
7,053
5,874
6,190
5,909
4,778
2,352
6,477
5,070
6,265
4,789
3,917
6,986
14,940
3,239
6,196
6,160
2,676
4,223
4,777
4,971
9,460
4,900
5,478
3,699
4,706
5,901
7,968
5,041
2,143
6,144
Exchange
1,939
1,600
215
_
:
97
*
300
472
117
82
692
-
700
1,476
592
54
14
326
98
70
50
136
252
1,300
881
391
150
523
1
110
2,623
900
190
264
65
425
300
199
-
Amount issued .2/
For
cash
3,069
2,020
2,508
6,019
2,930
3,092
402
2,628
3,105
2,069
3,066
2,628
3,203
3,335
2,274
4,747
750
2,485
2,921
2,010
2,185
2,612
2,638
2,586
2,977
2,855
2,289
8,039
983
2,953
2,895
2,141
2,917
2,868
2,543
3,095
2,822
3,306
2,259
1,001
3,402
2,805
2,692
2 ;005
3,505
3,124
2,697
3,071
2,855
3,308
3.105
2,024
752
2,695
2,809
3,208
2,995
2,613
3,342
4,506
1,882
2,966
2,909
1,003
1,898
2,514
2.454
2,002
2,044
2,253
1,504
3,115
3,038
3,708
2^563
1,003
3,005
Allot
In exchange ment
ratio
4/
1,939
1,600
215
_
97
*
2/
8/
5/
10/
11/
22/
12/
14/
12/
300
472
117
82
692
700
1,476
592
16/
12/
18/
12/
20/
21/
22/
£2/
24/
22/
26/
54
14
27/
28/
326
-
22/
20/
98
70
50
136
31/
22/
22/
24/
-
252
-
27/
28/
:
22/
#
1,300
£0/
881
391
150
-
41/
42/
523
-
45/
46/
42/
44/
1
110
4Z/
2,623
900
190
-
£8/
42
22/
il/
264
65
iy
425
300
199
.5f/
53/
December 1979
37
PUBLIC DEBT OPERATIONS
Table PDO-4. - Offerings of Public Marketable Securities Oilier than
Regular Weekly Treasury Bills—Continued
(.Dollar amounts in million's';
Date subscrip
tion books
closed or
tenders re
ceived
Description of securities 1/
Issue
date
8/31/77
9/07/77
6-5/87. Note
6-3/47. Note
9/01/77
9/06/77
9/14/77
9/21/77
6/
10/5/77
10/12/77
10/18/77
10/28/77
9/20/77
9/30/77
10/1/77
10/17/77
10/18/77
10/31/77
11/15/77
5.7607.
5.7607o
6.1567.
6-5/87.
1-1/27.
7-1/87.
6.6197.
7-1/47.
7-1/8%
Bill
Bill
Bill
Note
Note
Note
Bill
Note
Note
11/1/77
11/2/77
11/4/77
11/9/77
11/22/77
11/29/77
11/30/77
11/15/77
11/15/77
11/7/77
11/15/77
11/30/77
12/2/77
12/7/77
7-5/87.
7-7/87.
6.3907.
6.5427.
7.1/87.
6.2737.
7-1/47.
Note
Bond
Bill
Bill
Note
Bill
Note
12/7/77
12/21/77
12/27/77
12/13/77
1/3/78
1/6/78
6.5457. Bill
7-1/87. Note
7-7/87. Bond
1/04/78
1/18/78
1/31/78
1/10/78
1/31/78
2/15/78
6.5527. Bill
7.1/27. Note
7-1/27. Note
2/01/78
2/01/78
2/02/78
2/16/78
2/22/78
2/07/78
2/15/78
2/15/78
2/28/78
3/6/78
6.8147.
87.
8-1/47.
7-5/87.
7-7/87.
Bill
Note
Bond
Note
Note
3/1/78
3/3/78
3/22/78
6/
3/28/78
3/29/78
3/30/78
3/7/78
3/8/78
3/31/78
4/1/78
4/5/78
4/4/78
4/3/78
6.8597.
6.3467.
7-127.
1-1/27.
7-7/87.
6.8777.
6.6457.
Bill
Bill
Note
Note
Note
Bill
Bill
4/19/78
4/26/78
5/1/78
5/2/78
5/2/78
5/3/78
5/23/78
5/24/78
5/31/78
6/1/78
6/20/78
6/21/78
5/15/78
5/15/78
5/31/78
5/30/78
6/7/78
6/2/78
6/30/78
6/27/78
8-1/47.
8-3/87.
87.
7.4177.
8-1/47.
7.1107.
8-1/47.
7.6787.
6 /2 8 /7 8
7 /1 1 /7 8
8 -5/87.
7 /1 9 /7 8
7 /2 0 /7 8
7 /2 5 /7 8
7 /3 1 /7 8
7.8207.
8-1/27.
8 /1 /7 8
8 /2 /7 8
8 /3 /7 8
8/1 5 /7 8
8 /15/78
8 /15 /7 8
7-3/47. Note
7.0727. Bill
Note
Bond
Note
Bill
Note
Bill
Note
Bill
Bond
Bill
Note
8/16/78
8/23/78
8/29/78
8/22/78
8/31/78
9/6/78
9/13/78
9/20/78
9/27/78
6/
10/12/78
10/24/78
10/31/78
11/2/78
11/3/78
11/8/78
11/21/78
12/6/78
9/19/78
10/2/78
10/10/78
10/1/78
Note
Note
Bond
7.87 57. Bill
8-3/87. Note
8-3/87. Note
7.9547. Bill
8-5/87. Note
8-5/87. Bond
1-1/27. Note
10/17/78
10/31/78
11/15/78
11/15/78
11/15/78
11/14/78
11/30/78
12/12/78
8.2727.
8-7/87.
9-1/7.
8-3/47.
8-3/47.
9.3137.
9-1/47.
9.3207.
Bill
Note
Note
Note
Bond
Bill
Note
Bill
12/19/78
12/20/78
1/3/79
1/4/79
1/23/79
1/2/79
1/2/79
1/9/79
1/11/79
1/31/79
9-7/87.
9-3/87.
9.6057.
97.
9-3/47.
Note
Note
Bill
Bond
Note
4/3/79
4/3/79
4/4/79
4/5/79
Amount of sub
scriptions tendered
Cash
8/23/77
8/30/77
1/31/79
2/6/79
2/7/79
2/21/79
2/27/79
2/27/79
?/?8/79
6/
Period to final
maturity
(years, months,
days) 2/
8-3/87.
8-1/47.
8-3/87.
2/6/79
2/15/79
2/15/79
2/28/79
3/5/79
3/2/79
3/6/79
4/1/79
9.3487.
97.
8-3/47.
9-3/47.
9-1/47.
9.6987.
9.4857.
1-1/27.
Bill
Note
Bond
Note
Note
Bill
Bill
Note
4/3/79
4/4/79
4/5/79
4/6/79
9.8617.
9.9127.
9.2307.
9.6167.
Bill
Bill
Bill
Bill
_
“
“
_
_
"
-•
“
-
_
“
-
8/31/79-T
9/30/81-K
9/15/77-Reopening
9/22/77-Reopening
9/19/78
9/30/79-U
lO/l/82-EO
11/15/82-F
10/17/78
10/31/79-V
11/15/80-J
11/15/87-A
11/15/2002-07
11/15/77-Reopening
11/14/78
11/30/79-W
4/20/78-Reopening
12/31/81-L
12/12/78
12/31/79-X
2/15/93
7,009
5,148
2y
4y lm
9d
16d
364d
2y
5y
5y lm
364d
2y
3y
10y
30y
8d
364
2y
139d
4y lm
364d
2y
15y lm
4,266
2,922
6,416
5,693
8,724
7,406
5,423
5,826
4,245
2,967
1/09/79
1/31/80-K
5/15/81-M
2y
3y 3m
5,481
6,683
5,444
2/6/79
2/15/85-A
5/15/2000-05
2/29/80-L
3/31/82-G
7y
27y 3m
2y
4y lm
5,521
4,859
3,381
5,245
5,817
3/6/79
4/20/78-Reopening
3/31/80-C-Reopening
4/1/83-EA
5/15/83-C
4/3/79
4/27/78-Reopening
364d
4,316
5,278
5,117
6,116
•
6,116
3,977
6,843
9,297
364d
43d
2y
5y
5y lm
364d
24d
4/30/80-N
5/1/79
2y
5/15/88-A
8/15/95-00-Reopening
5/31/80-P
5/29/79
6/30/82-H
6/22/78-Reopening
6/30/80-Q
lOy
22y 3m
2y
6 /2 6 /7 9
8 /1 5 /9 3
4y
3y
7y
10/16/79
10/31/80-U
5/15/82-K
11/15/88-B
J1/15/2003-2008
11/13/79
11/30/80-V
12/11/79
12/31/80-W
12/31/82-L
1/8/80
2/15/94
1/31/81-P
2/5/80
2/15/87-B
12/15/2003-08-Reopening
2/28/81-Q
3/31/83-D
4/19/79-Reopening
3/4/80
4/1/84-EA
4/26/79-Reopening
4/19/79-Reopening
4/1/80
6/21/79-Reopening
20d
364d
8/15/81-N
8/15/85-B
9/18/79
9/30/80-T
11/15/93
10/1/83-E0
364d
5,063
3,102
5,815
5,767
5,063
12,285
4,902.
364d
2y
8/15/2003-08
8/21/79
8/31/80-S
9/30/82-J
5,349
4,641
15y lm
7/31/80-R
30y
364d
2y
4y lm
364d
2y
15y lm
5y
364d
2y
3y6m
lOy
30y
364d
2y
5,604
6,056
10,867
364d
2y
7 /2 4 /7 9
5,592
7,284
6,137
364d
2y
4y
364d
15y lm
2y
364d
8y
29y 9m
2y
4y lm
48d
364d
5y
23d
15d
362d
76d
4 ,436
4,142
4,951
5,032
5,471
4,151
2,591
a,626
6,183
4,127
Exchange
123
90
1
218
625
Amount issued ^3/
For
cash
In exchange
4/
3,359
2,968
901
903
3,036
3,771
*
2,737
3,162
4,116
3,975
373
240
112
328
.
272
1,000
_
1,200
771
53
312
*
428
-
2,014
1,255
2,505
3,587
4,680
3,004
3,452
1,600
895
177
794
-
2,548
1,502
2,921
2,478
2,594
6,005
3,613
3,383
3,592
1,501
3,205
3,603
2,890
3,253
3,003
1,254
3,767
2,835
3,321
3,004
3,695
2,573
3,346
6,006
2,752
3,025
2,784
1,768
123
90
1
-
58/
59/
218
625
62/
63/
64/
65/
373
240
112
328
.
272
1,000
_
1,200
771
53
_
312
*
428
-
e ii
66/
67/
68/
69/
70/
21/
72/
73/
74/
75/
76/
77/
78/
84/
79/
80/
81/
82/
83/
_
3,380
375
3,789
375
85/
1,200
1,434
2,910
1,200
1,434
86/
87/
3,403
1,503
3,589
3,345
2,501
6,370
5,165
2,485
5,738
4,547
7,098
3,175
4,877
6,134
5,006
6,578
511
1
_
203
978
931
678
_
250
-
3,353
3,195
1,509
3,474
3,790
3,556
2,514
1,752
3,896
2,945
4,029
511
1
_
203
978
931
678
_
250
-
5,366
5,912
5,356
3,262
4,044p
450
437
_
_
151
3,096
2,768
3,705
1,509
2,936p
450
437
_
151
931
800
368
-
3,543 |
2,278
2,002
2,482p
2,930
4,001
3,326
-
931
800
368
-
15,073
9,465
6,969p
8,106
60/
1,600
895
177
794
-
600
_
200
-
4,708
5,238
4,306
4,604p
6,767
9,245
7,049
-
Allot
ment
ratio
_
_
*
_
_
-
6,005
4,001
3,344p
3,001
600
_
200
-
_
*
-
88/
89/
9£/
91/
92/
93/
94/
21/
96/
97/
98/
99/
100/
101/
102/
103/
104/
105/
Treasury Bulletin
38
________________ PUBLIC DEBT OPERATIONS________________
Table PDO-4. • Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills—Continued
(Dollar Amounts in millions)
Date subscrip
tion books
closed or
tenders re
ceived
Description of securities 1/
Issue
date
Amount of sub
scriptions tendered
Cash 1
4/5/79
4/10/79
4/24/79
4/25/79
5/1/79
5/2/79
5/*o /7Q
5/23/79
5/31/79
6/4/79
4/9/79
4/18/79
4/30/79
5/1/79
5/15/79
5/15/79
5/31/79
5/29/79
6/4/79
6/5/79
6/19/79
6/20/79
6/21/79
6/27/79
7/2/79
6/26/79
7/2/79
7/9/79
9-5/8% Note
9%
Bond
9-3/4% Note
9.235% Bill
9-1/4% Note
9-1/8% Bond.
a- 3/4%
9.153% Bill
10.056% Bill
10.080% Bill
9-1/8%
8.829%
8-7/8%
8-3/4%
Note
Bill
Note
Bond
7/18/79
7/24/79
7/31/79
7/24/79
7/31/79
8/15/79
8.896%
9-3/8%
9%
Bill
Note
Note
8/01/79
8/02/79
8/15/79
8/15/79
9%
9-1/8%
Note
Bond
8/15/79
8/22/79
8/28/79
8/30/79
■8/21/79
8/31/79
9.189%
9-5/8%
9-1/4%
9/4/79 10.286%
Bill
Note
Note
Bill
9/12/79
10/3/79
10/4/79
9/18/79 9.893%
10/9/79 10-1/8%
10/10/79 9-3/4%
Bill
Note
Note
10/10/79
10/11/79
10/23/79
10/30/79
10/31/79
11/1/79
11/7/79
11/7/79
11/21/79
11/27/79
11/28/79
10/16/79
10/18/79
10/31/79
11/15/79
11/15/79
11/15/79
11/9/79
11/13/79
11/30/79
12/4/79
12/3/79
10-3/8%
11.646%
Bill
Bond
Note
Note
Note
Bond
Bill
Bill
Note
Note
Bill
12/11/79 10.818%
12/10/79 11.738%
Bill
Bill
12/5/79
12/6/79
Periodt to final
maturity
(vearS. mnnf-ha.
days) 2/
9 /5 /7 9
11.508%
10-1/8%
12-5/8%
11-5/8%
10-3/4%
10-3/8%
12.583%
11.810%
12-1/8%
Footnotes on following page.
_
_
“
-
3/31/81-R
2/15/94-Reopening
4/30/81-S
4/29/80
5/15/89-A
5/15/2004-09
F/^l/87-T
5/27/80
6/19/79
6 /21/79-Reopening
2y
14y
2y
■
2*
4y
I5y
7/22/80
7/31/81-V
8/15/82-M
2y
3y
2/I5/87-B-Reopening
5/I5/2004-09-Reopening
7y
29y
8/19/80
8/31/81-W
5/15/84-C
9/18/79-Reopening
2y
10/14/80
11/15/94
10/31/81-Y
5/15/83-G
11/15/89-B
11/15/2004-09
4/24/80
11/6/80
11/30/81-2
5/15/85-C
4/24/80
12/4/80
5/15/80
364d
lOy
30y
6/30/81-U
6/24/80
6/30/83-E
8/15/94
9/16/80
9/30/81-X
9/30/83-F
10m
364d
15d
16d
2y
364d
lm
364d
6m
9m
364d
4y
8m
14d
364d
2y
4y
364d
15y
f2y
3y
lOy
30y
4,609p
9,244p
9, 966p
5,761p
4,956p
4,302p
2,784p
5,202p
4,669p
6,725p
5,367p
3,137p
Allot
ment
ratio
y
640
159
350
200
239
/ -
106/
107/
108/
109/
110/
111/
112 /
113/
114/
3,380p
3,001p
2,753p
246
_
170
775
500
396
2,504p
2 ,000 p
500
396
117/
118/
5,731p
6,975p
5,308p
6,083
456
3 ,541p
3,255p
2,502p
2,004
456
119/
120/
5,751p
5,595p
4,457p
-
3,550p
3,254p
2,502p
-
121/
122/
8,105p
6,266p
6m
239
-
Cn Exchange
250
359d
157d
2y
200
2,890p
1,500p
2,812p
3,022p
2,255p
2,005p
2y26Qp
2,750p
5,010p
4,517p
2,753p
2,781p
2,838p
l,501p
143d
6m
640
159
350
For
cash
250
_
246
_
170
775
6,399p
2,514p
6,775p
6,851p
3,418p
3,280p
3,160p
6,195p
7,556p
3,512p
5,632p
lm
167d
359d
5y
5,951p
2,649p
5,501p
6,512p
6,233p
4,837p
Exchange
Amount issued 3/
_
-
_
-
_
_
_
3,471p
l,501p
3,902p
2,751p
2,001p
2,001p
2,002p
_
_
-
-
-
3,890p
4,301p
2,501p
3,000p
-
-
4,033p
2,005p
-
_
_
115/
116/
123/
124/
125/
126/
127/
129/
128/
39
December 1979
PUBLIC DEBT OPERATIONS
Footnotes to Table PDO-4.
Source:
Bureau of the Public Debt.
Note: All securities except EA & EO notes and those bearing footnote 5
were sold at auction through competitive and noncompetitive bidding.
1/ For bill issues, always sold at auction, the rate shown is the equi
valent average rate (bank discount basis) of accepted bids. Other
securities issued at par except those bearing footnote 5 and those
sold at auction. For details of bill offerings see Table PDO-2.
2/ From date of additional issue in case of a reopening.
3/ In reopenings the amount issued is in addition to the amount of
original offerings.
4/ For securities exchanged for the n ew issues see Table PD0-7.
5/ Sold at fixed price by subscription.
6/ Exchange offering available to owners of nonmarketable 2-3/47. Treasury
bonds, investment Series B-1975-80, dated April 1, 1951. For further
information on the original offering see Treasury Bulletin for April
1951, page A-l.
7/ Yields accepted ranged from 7.357. (price 100.108) up to 7.427. (price
99.806) with the average at 7.407. (price 99.892).
8/ Yields accepted ranged from 6.417. (price 99.935) up to 6.517. (price
99.751) with the average at 6.497. (price 99.788).
9/ All accepted subscriptions were awarded at the price of 100.00
(yield 8.007.).
10/ Yields accepted ranged from 7.007. (price 100.000) up to 7.097. (price
99.761) with the average at 7.057. (price 99.867).
11/ Prices accepted ranged from 102.14 (yield 8.057.) down to 101.42
(yield 8.127.) with the average at 101.75 (yield 8.097.).
12/ Yields accepted ranged from 6.577. (price 100.039) up to 6.647. (price
99.925) with the average at 6.627. (price 99.957).
13/ Yields accepted ranged from 7.507. (price 99.990) up to 7.557. (price
99.818) with the average at 7.547. (price 99.853).
14/ Yields accepted ranged from 6.717. (price 100.074) up to 6.807. (price
99.908) with the average at 6.767. (price 99.982).
15/ Yields accepted ranged fron 7.357. (price 100.101) up to 7.397. (price
99.940) with the average at 7.387. (price 99.980).
16/ Yields accepted ranged from 6.597. (price 99.837) up to 6.637. (price
99.765) with the average at 6.617. (price 99.801).
17/ All accepted subscriptions were awarded at the price of 100.00
(yield 7.8757.).
18/ Prices accepted ranged from 97.50 (yield 8.117.) to 96.36 (yield
8.227.) with the average at 96.73 (yield 8.197.).
19/ Yields accepted ranged from 7.087. (price 100.082) up to 7.197.
(price 99.881)with the average at 7.167. (price 99.936).
20/ Yields accepted ranged from 7.687. (price 99.796) up to 7.737.
(price 99.625) with the average at 7.717. (price 99.693).
21/ Yields accepted ranged from 6.967. (price 99.844) up to 7.017.
(price 99.752) with the average at 6.997. (price 99.789).
22/ Yields accepted ranged from 7.607. (price 100.076) up to 7.647.
(price 99.909) with the average at 7.637. (price 99.951).
23/ Yields accepted ranged from 6.907. (price 99.953) up to 6.967. (price
99.843) with the average at 6.957. (price 99.861).
24/ Yields accepted ranged from 6.887. (price 99.987) up to 6.927. (price
99.880) with the average at 6.917. (price 99.907).
25/ All accepted subscriptions were awarded at the price of 100.00 (yield
8.007.).
26/ Yields accepted ranged from 7.987. (price 100.215) up to 8.037. (price
99.679) with the average at 8.017. (price 99.893).
27/ Yields accepted ranged from 6.597. (price 100.065) up to 6.697. (price
99.880) with the average at 6.677. (price 99.917).
28/ Yields accepted ranged from 6.907. (price 99.903) up to 6.947. (price
99.764) with the average at 6.937. (price 99.799).
29/ Yields accepted ranged from 6.277. (price 99.963) up to 6.327. (price
99.870) with the average at 6.307. (99.907).
30/ Yields accepted ranged from 7.027. (price 99.894) up to 7.107. (price
99.557) with the average at 7.087. (price 99.641).
31/ Yields accepted ranged from 5.887. (price 99. 991) up to 5.997. (price
99.787) with the average at 5.967. (price 99.842).
32/ Yields accepted ranged from 6.327. (price 99.811) up to 6.377. (price
99.677) with the average at 6.367. (price 99.704).
33/ Yields accepted ranged from 7.007. (price 100.000) up to 7.027. (price
99.891) with the average also at 7.027..
34/ Prices accepted ranged from 101.05 (yield 7.777.) down to 100.58
(yield 7.827.) with the average at 100.79 (yield 7.807.).
35/ Yields accepted ranged from 5.767. (price 99.981) up to 5.947. ( rice
99.647) with the average at 5.867. (price 99.795).
36/ Yields accepted ranged from 5.877. (price 100.007) up to 5.92' (price
99.829) with the average at 5.917. (price 99.864).
37/ Yields accepted ranged from 5.297. (price 99.925) up to 5.387. (price
99.757) with the average at 5.377. (price 99.775).
38/ Yields accepted ranged from 6.157. (price 99.872) up to 6.207. (price
99.656) with the average at 6.197. (price 99.699).
39/ Yields accepted ranged from 5.947. (price 99.880) up to 5.997. (price
99.787) with the average at 5.977. (price 99.824).
40/ Yields accepted ranged from 6.657. (price 99.839) up to 6.647. (price
99.625) with the average at 6.627. (price 99.678).
41/ Yields accepted ranged from 7.217. (price 100.217) up to 7.277. (price
99.892) with the average at 7.257. (price 100.000).
42/ Yields accepted ranged from 7.587. (price 100.530) up to 7.637. (price
99.941) with the average also at 7.637..
43/ Yields accepted ranged from 5.957. (price 99.861) up to 5.997. (price
99.786) with the average at 5.987. (price 99.805).
44/
45/
46/
47/
48/
49/
50/
51/
52/
53/
54/
55/
56/
57/
58/
59/
60/
61/
62/
63/
64/
65/
66/
67/
68/
69/
70/
71/
72/
73/
74/
75/
76/
77/
78/
79/
80/
81/
32/
83/
84/
85/
86/
87/
88/
Yields accepted ranged from 6.857. (price 100.074) up to 6.907. (price
99.898) with the average at 6.887. (price 99.968).
Yields accepted ranged from 5.997. (price 100.019) up to 6.037. (price
99.944) with the average at 6.027. (price 99.963).
Yields accepted ranged from 6.987. (price 100.058) up to 7.037. (price
99.846) with the average at 7.027. (price 99.889).
Yields accepted ranged from 5.847. (price 100.065) up to 5.89%(price
99.972) with the average at 5.877. (price 100.009).
Prices accepted ranged from 100.00 (yield 7.247.) down to 99.76 (yield
7.297.) with the average at 99.81 (yield 7.287.).
Prices accepted ranged from 98.54 (yield 7.757.) down to 98.13 (yield
7.787.) with the average at 98.25 (yield 7.777.).
Yields accepted ranged from 6.207. (price 99.861) up to 6.257. (price
99.768) with the average at 6.237. (price 99.805).
Yields accepted ranged from 6.757. (price 99.984) up to 6.827. (price
99.738) with the average at 6.807. (price 99.808).
Yields accepted ranged from 6.117.(price 100.028) up to 6.147. (price
99.972) with the average at 6.147. (price 99.972).
Yields accepted ranged from 7.277. (price 99.792) up to 7.307. (price
99.520) with the average at 7.297. (price 99.611).
Yields accepted ranged from 6.257. (price 100.000) up to 6.357. (price
99.815) with the average at 6.347. (price 99.834).
Yields accepted ranged from 6.787. (price 99.920) up to 6.857. (price
99.733) with the average at 6.847. (price 99.760).
Yields accepted ranged from 7.247. (price 100^054) up to 7.277. (price
99.892) with the average at 7.267. (price 99.946).
Prices accepted ranged from 99.10 (yield 7.707.) down to 98.80 (yield
7.737.) with the average at 98.94 (yield 7.727.).
Yields accepted ranged from 6.657. (price 99.954) up to 6.687. (price
99.899) with the average also at 6.687..
Yields accepted ranged from 6.807. (price 99.811) up to 6.857. (price
99.636) with the average at 6.847. (price 99.671).
Yields accepted ranged from 6.71% (price 99.843) up to 6.757. (price
99.770) with the average at 6.747. (price 99.788).
Yields accepted ranged from 7.157. (price 99.876) up to 7.207. (price
99.666) with the average at 7.187. (price 99.750).
Yields accepted ranged from 7.207. (price 100.092) up to 7.297. (price
99.927) with the average at 7.277. (price 99.963).
Yields accepted ranged from 7.227. (price 99.748) up to 7.257. (price
99.668) with the average at 7.247. (price 99.695).
Yields accepted ranged from 7.667.(price 99.759) up to 7.717. (price
99.415) with the average at 7.697. (price 99.552).
Yields accepted ranged from 7.92% (price 99.487) up to 7.95% (price
99.148) with the average at 7.947. (price 99.261).
Yields accepted ranged from 7.127. (price 100.009) up to 7.147. (price
99.972) with the average at 7.137. (price 99.991).
Yields accepted ranged from 7.297. (price 99.845) up to 7.327. (price
99.741) with the average at 7.317. (price 99.776).
Yields accepted ranged from 7.167. (price 99.936) up to 7.237. (price
99.808) wi'th the average at 7.207. (price 99.863).
Yields accepted ranged from 7.927. (price 99.575) up to 7.967. (price
99.228) with the average at 7.957. (price 99.315).
Yields accepted ranged from 7.527. (price 99.963) up to 7.567. (price
99.891) with the average at 7.55% (price 99.909).
Yields accepted ranged from 7.507. (price 99.936) up to 7.557. (price
99.794) with the average at 7.537. (price 99.850).
Prices accepted ranged from 100.80 (yield 7.857.) down to 100.58
(yield 7.897.) with the average at 100.65 (yield 7.887.).
Prices accepted ranged from 100.73 (yield 8.187o) down to 100.01
(yield 8.257.) with the average at 100.13 (yield 8.237.).
Yields accepted ranged from 7.677. (price 99.818) up to 7.717. (price
99.845) with the average at 7.707. (price 99.863).
Yields accepted ranged from 7.877. (price 99.997) up to 7.907. (price
99.894) with the average at 7.897. (price 99.928).
Yields accepted ranged from 7.507. (price 100.000) up to 7.577. (price
99.872) with the average at 7.567. (price 99.891).
Yields accepted ranged from 7.93% (prijce 99.740) up to 7.95% (price
99.657) with the average at 7.947. (price 99.698).
Yields accepted ranged from 7.757. (price 100.000) up to 7.827. (price
99.873) with the average at 7.80% (pri'ce 99.909).
Yields accepted ranged from 8.26% (price 99.933 up to 8.307. (price
99.665) with the average at 8.29% (price 99.732).
Prices accepted ranged from 99.23 (yield 8.457.) down to 98.91 (yield
8.487.) with the average at 99.02 (yiel,d| 8.477.).
Yields accepted ranged from 8.007. (pripe 100.000) up to 8.107. (price
99.819) with the average at 8.097. (price 99.837).
Yields accepted ranged from 8.247. (pri'ce 100.013) up to 8.287.
(price 99.877) with the average at 8.2i77. (price 99.911).
Yields accepted ranged from 8.257. (price 100.000 up to 8.337. (price
99.855) with the average at 8.327. (price 99.873).
Yields accepted ranged from 8.627. (price 100.008) up to 8.637. (price
99.924) with the average also at 8.637..
Yields accepted ranged from 8.527. (price 99.964) up to 8.627. (price
99.784) with the average at 8.617. (price 99.802).
Yields accepted ranged from 8.44% (price 99.831) up to 8.47% (price
99.753) with the average at 8.467. (price 99.779).
Yields accepted ranged from 8.287. (price 99.843) up to 8.417. (price
99.166) with the average at 8.367. (price 99.426).
Yields accepted ranged from 8.377. (price 100.055) up to 8.46% (price
99.079) with the average at 8.437. (price 99.402).
Treasury Bulletin
40
PUBLIC DEBT OPERATIONS.
Footnotes to Table PDO-4—Continued
89/
90/
91/
92/
93/
94/
95/
96/
97/
98/
99/
100/
101/
102/
103/
104/
105/
106/
107/
108/
Yields accepted ranged from 8.377. (price 100.009) up to 8.397. (price
99.973) with the average at 8.387. (price 99.991).
Yields accepted ranged from 8.387. (price 99.961) up to 8,427. (price
99.826) with the average at 8.417. (price 99.859).
Yields accepted ranged from 8,597. (price 100.063) up to 8.667. (price
99.937) with the average at 8.657. (price 99.955).
Yields accepted ranged from 8.607. (price 100.175) up to 8.657. (price
99.757) with the average at 8.647. (price 99.840).
Yields accepted ranged from 8.907. (price 99.955) up to 8.987. (price
99.812) with the average at 8.947. (price 99.883).
Yields accepted ranged from 9.337. (price 99.766) up to 9.377. (price
99.649) with the average at 9.367. (price 99.678).
Yields accepted ranged from 8.757. (price 100.000) up to 8.907. (price
99.020) with the average at 8.857. (price 99.345).
Yields accepted ranged from 8.827. (price 99.266) up to 8.877. (price
98.747) with the average at 8.867. (price 98.851).
Yields accepted ranged from 9.337. (price 99.857) up to 9.377. (price
99.786) with the average at 9.367. (price 99.804).
Yields accepted ranged from 9.977. (price 99.832) up to 10.007. (price
99.779) with the average at 99.997. (price 99.797).
Yields accepted ranged from 9.437. (price 99.820) up to 9.477. (price
99.690) with average at 9.457. (price 99.755).
Yields accepted ranged from 8.997. (price 100.045) up to 9.017. (price
99.882) with the average at 9.007. (price 99.963).
Yields accepted ranged from 9.827. (price 99.876) up to 9.877. (price
99.787) with the average at 9 .857. (price 99.822).
Yields accepted ranged from 8.957. (price 100.281) up to 9.027. (price
99.888) with the average at 9.017. (price 99.944).
Prices accepted ranged trom 97.40 (yield -9.007.) down to 96.90 (yield
9.057.) with the average at 97.05 (yield 9.037.).
Yields accepted ranged from 9.757. (price 100.000) up to 9.877. (price
99.787) with the average at 9.857. (price 99.822).
Yields accepted ranged from 9.33% (price 99.705) up to 9.367. (price
99.605) with the average at 9.357. (price 99.638).
Yields accepted ranged from 9.667. (price 99.938) up to 9.707. (price
99.868) with the average at 9.687. (price 99.903).
Prices accepted ranged from 99.09 (yield 9.107.) down to 98.69 (yield
9.157. ) with the average at 98.79 (yield 9.147.)•
Yields accepted ranged from 9.757. (price 100.000) up-to 9.797. (price
99.929) with the average at 9.787. (price 99.947).
109/
110/
111/
112/
113/
114/
115/
116/
117/
118/
119/
120/
121/
*22/
123/
124/
125/
126/
127/
128/
129/
Yields accepted ranged from 9.367. (price 99.296) up to 9.387. (price
99.168) with the average at 9.377. (price 99.232).
Yields accepted ranged from 9.227. (price 99.039) up to 9.247. (price
98.838) with the average at 9.237. (price 98.938).
Yields-a'ccepted ranged from 9.75% (price 100.000) up to 9.77% (price
99.964) with the average also at 9.777..
Yields accepted ranged from 9.207. (price 99.866) up to 9.237. (price
99.813) with the average at 9.227. (price 99.830).
Yields accepted ranged from 8.857. (price 100.083) up to 8.937. (price
99.819) with the average at 8.89% (price 99.950).
Yields accepted ranged from 8.787. (price 99.714) up to 8.837. (price
99.302) with the average at 8.817. (price 99.467).
Yields accepted ranged from 9.357. (price 100.045) up to 9.457. (price
99.866) with the average at 9.41% (price 99.938).
Yields accepted ranged from 9.037. (price 99.923) up to 9.077. (price
99.820) with the average at 9.067. (price 99.845).
Prices accepted ranged from 100.07 (yield 8.99%) down to 99.96
(yield 9.017.) with the average at 100.00 (yield 9.007.).
Prices accepted ranged from 102.36 (yield 8.897.) down to 101.99
(yield 8.937.) with the average at 102.13 (yield 8.927.).
Yields accepted ranged from 9.607. (price 100.045) up to 9.667. (price
99.938) with the average at 9.65% (price 99.955).
Yields accepted ranged from 9.237. (price 99.997) up to 9.277. (price
99.848) with the average at 9.257. (price 99.922).
X£ei3?vacceP ted ran8ed from 10.20% (price 99.869) up to 10.22% (price
9,9.834) with the average at 10.21% (price 99.851).
Yields accepted ranged from 9.757. (price 100.000) up to 9.81% (price
99.806) with the average at 9.797. (price 99.871).
Yields accepted ranged from 10.10% (price 100.155) up to 10.25% (price
99.013) with the average at 10.17% (price 99.620).
Yields accepted ranged from 12.55% (price 100.129) up to 12.69% (price
99.888) with the average at 12.66% (price 99.940).
Yields accepted ranged from 11.62% (price 100.014) up to 11.64% (price
9$.958) with the average at 11.64% (price 99.958).
Yields accepted ranged from 10.707. (price 100.303) up to 10.797. (price
99.759) with the average at 10.757. (price 100.000).
Yields accepted ranged from 10.39% (price 99.863) up to 10.48% (price
99.045) with the average at 10.44% (price 99.407).
Yields-accepted ranged from 10.28% (price 100.389) up to 10.49% (price
99.532) with the average at 10.40% (price 99.898).
Yields accepted ranged from 12.18% (price 99.905) up to 12.26% (price
99.767) with the average at 12.247. (price 99.801).
Less than $500,000. p
Preliminary.
December 1979
41
PUBLIC DEBT OPERATIONS
Table PlJO-5. - tJnmatured Marketable Securities Issued,at a Premium or Discount
Other than Advance Refunding Operations
1979
7-1/2%
7-1/8%
Amount issued
(In millions)
Date of
financing
Bes'crdptioo of-securities
12/31/79-G
12/31/79-X
176776
1/3/78
-
1/31/80-K
1/31/78
Note
-
2/15/80-G
2/15/77
1
>
/
I
Bond
-
2/15/80
f
1/23/59
\ 12/15/62
\
,
/
1
Note
Note
-
7-1/2%
Note
6-1/2%
4%
-
r
/
I
1980
Average price
per hundred
$2,006
328
3,592
3,920
?10C.0'D
99.863
99.863
272
99.909
99.909
f
1/
7-5/8%
Note
-
2/29/80-L
2/28/78
7-1/2%
Note
-
3/31/80-C
3/17/76
3/31/78
7-3/4%
Note
-
4/30/80-N
5/1/78
6-7/8%
Note
-
5/15/80-A
5/15/73
8%
Note
-
5/31/80-P
5/31/78
I
/
\
v
.
/
V
/
{
v
✓
/
I
/
I
V
✓
(
I
,
(
V
3,603
3,875
1,300
3,308
4,608
884
34
*
34
53
3,767
3,820
2,069
312
3,695.
4,007
428p
2,752p
3,180d
2,636
2,585
2,043
7,265
177p
2,921p
3,098p
2,185
794
3,613d
4*4P7 p ..
375p
3,789p
"T.TMp ;
2,461
1,835
Effective
interest
rate
7.51%
7.20
7.20
Eligible securities exchanged
~ 2T
7-1/4%
2/
Note
-
12/31/77-P
7.55
7.55
6-3/8%
2/
Note
-
1/31/78-J
99.678
99.678
6.62
6.62
8%
2/
Note
-
2/15/77-A
99.00
99.50
99.50
4.07
4.04
4.04
2/
Series F&G saving bonds
2/
99.863
99.863
7.70
7.70
8%
2/
99.853
99.891
99.891
7.54
7.56
7.56
99.909
99.909
Note
-
2/28/78-G
6-3/4%
2/
Note
-
3/31/78-K
7.80
7.80
6-1/2%
2/
Note
-
4/30/78-L
99.29
99.29
99.29
7.00
7.00
7.00
7-3/4%
4-3/4%
2/
Note
Note
-
5/15/73-A
5/15/73-E
#9.837
99.837
8.09
8.09
7-1/8%
2/
Note
-
5/31/78-M
99.693
99.873
99.873
7.71
8.32
8.32
2/
6-7/8%^
2/
Note
-
6/30/78-N
99.802
99.802
8.61
8.61
6-7/8%
1/
Note
-
7/31/78-P
8.75
8.75
5-5/8%
1/
Note
2/
7-5/8%
Note
-
6/30/80-D
6/10/76
8-1/4%
Note
-
6/30/80-Q
6/30/78
8-1/2%
Note
-
7/31/80-R
7/31/78
9%
Note
8/15/80-B
8/15/74
f
\
6-3/4%
Note
-
8/15/80-H
8/15/77
f
\
v
425
3,708
■■T,"T53..
99.760
99.760
6.84
6.84
7-3/4%
1/
Note
-
8/15/77-B
8-3/8%
Note
-
8/31/80-S
8/31/78
\
f
200p
3.345o
99.991
8.38
6-5/8%
Note
-
8/31/78-Q
6-7/8%
8-5/8%
Note
Note
-
9/30/80-E
9/30/80-T
9/14/76
10/02/78
}
I
99.799
99.955
99.955
6.93
8.65
8.65
2/
6-1/4%
2/
Note
_
9/30/78-R
99.883
99.883
8.94
8.94
5-7/8%
2/
Note
_
10/31/78-S
99.695
99.695
7.24
7.24
7-3/4%
2/
Note
_
11/15/77-E
99.804
99.804
9.36
9.36
5-3/4%
Note
_
11/30/78-T
Note
Bond
_
-
2/15/74-C
2/15/74
Note
_
2/15/75-A
Note
_
2/15/78-A
101.15
101.15
8/15/74-B
4,296
V
8-7/8%
Note
-
10/31/80-U
10/31/78
7-1/8%
Note
“
11/15/80-J
11/15/77
f
V
>
r
\
9-1/4%
Note
-
11/30/78-V
11/30/78
5-7/8%
9-7/8%
Note
Note
-
12/31/80-F
12/31/80-W
12/7/76
1/2/79
-
f
511
3,395
""3,906
263p
TS3
3,975
4,600
.-^250p
2,945p
3,195p
27692
3,546p
~
99.867
5.91
99.797
9.99
2/
2/
99.822
100.28
100.28
100*28
9.85
6.95
6.95
6.95
2/
7-3/4%
4-1/8%
1/
1,768
99.453
99*453
7.49
7.49
5-3/4%
2/
19B1
9-3/4
7%
-
No te
Note
-
1/31/81-P
2/15/81-A
1/31/79
2/15/74
3,146p
25
r
/
^
302
1,515
1,842
7-3/8%
Note
9-3/4%
6-7/8%
Note
Note
9-5/8%
9-3/4%
Note
Note
7-3/8%
Note
7-1/2%
Note
9-3/4%
6-3/4%
9-1/8%
Note
Note
Note
Footnotes at end of
-
-
-
-
c
[
—
m
2/15/81-C 3/
2/18/75
2/28/81-Q
3/31/81-H
4/5/76
2/28/79
3/8/77
2,168
2,6^8
2,887p
2,809
99.980
99.822
99.968
7.38
9.85
6.88
2/
2/
2/
3/31/81-R
4/30/81-S
4/9/79
4/30/79
3,516p
3,013p
99.903
99.947
9.68
9.78
2,020
l,000p
2,893p
3,893p
99.892
99.849
99*849
7.40
7.53
7.53
2/
2/
2/
6-1/4%
2/
2,542p
2,514
3,057p
99.964
99.808
99.830
9.77
6.80
9.22
2/
2/
2/
5/15/81-D
1/26/76
r
5/15/81-M
2/15/78
/
I
5/31/81-T
6/30/81-J
6/30/81-U
5/31/79
6/3/77
7/2/79
table.
42
Treasury Bulletin
_______________________________________PUBLIC DEBT OPERATIONS_________________________________________
Table PDO-5. •Unnurtured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations—Continued
1981
9-3/8%
Note
-
7/31779
7/T1/8I-V
Note
Note
Note
-
8/31/81-W
9/30/81-X
10/31/81-Y
8/31/79
10/9/79
10/31/79
7-3/4%
Note
11/15/81-B
f
\
12-1/8%
7-1/4%
-
Note
Note
-
_
2/
7-5/8%
2/
99.955
99.620
99.940
99.628
99.628
9.65
10.21
12.66
7.82
7.82
2/
2/
2/
5-3/47.
2/
101.25
99.641
7.70
7.08
99.801
12.24
99.776
7.31
2/
100.60
99.699
6.34
6.19
7.89
2/
2/
2/
8.00
8.00
6%
2/
4,844p
3,452
9-5/8%
10-1/8%
12-5/8%
Note
8.46
8.46
11/30/79
12/7/77
8/15/78
11/15/74
\/\
Eligible securities exchanged
99.779
99.779
11/30/81-Z
12/31/81-L
8/15/81-N
Effective
interest
rate
$99,938
3/19/75
10/12/76
-
Average price
per hundred
$3,222p
11/15/81-G
Note
7%
f
V
l,200p
2,910p
4,110p
3,728p
3,694P
. ,_.,4*4.54P
949
1.766
2,715
1,762
2,543
8-3/8%
_
Amount issued
(In millions)
Date of
financing
Description of securities
9.41%
Note
-
8/15/78-E
Note
-
11/15/74-A
Note
-
5/15/75-B
Note
-
11/15/78-B
Note
-
8/15/75-C
Note
-
11/15/75-D
Note
-
11/15/76-D
2/
U
1/
1982
6-3/8%
6-1/8%
Bond
Note
-
7-7/8%
Note
-
3/31/82-G
3/6/78
8%
Note
-
5/15/82-A
5/15/75
-
5/15/82-E
4/4/77
5/15/82-K
11/15/78
/
V
6/30/82-H
8/15/82-B
6/7/78
8/15/75
/
-
2/15/82
1/
2/15/82-D
5/15/72
1/6/77
505
2,697
2,853p'
(
v
1,233
1,514
2,747
2,613
7%
Note
9-1/4%
Note
8-1/4%
8-1/8%
Note
Note
-
$%
Note
-
8/15/82-M
«-J/8%
Note
-
9/30/82-J
7-7/8%
Note
-
11/15/82-C
11/17/75
7-1/8%
Note
-
11/15/82-F
10/17/77
9-3/8%
Note
-
12/31/82-L
1/2/79
3,205p
9-1/4%
7-7/8%
Note
Note
-
3/51/83-D
5/15/83-C
3/5/79
4/5/78
2,930p
2,573
11-5/8%
Note
11/15/79
Note
Note
Note
-
5/15/83-G
8-7/8%
9-3/4%
7%
6/30/83-E
9/30/83-F
1I/15/83-B
7/2/79
10/10/79
11/15/76
99.928
100.00
100.00
99.889
7.02
2/
978p
2,578p
3,556p
99.678
99.678
9.36
9.36
6%
2/
2,594P
902
.2,017
2,918
99.991
99.921
8.27
8.14
2/
5-7/8%
8/15/79
3,587p
99.845
9.06
9/6/78
2,501p
99.859
0.<*A
2/
2/
99.762
99.762
7.92
7.92
77.
2/
99.750
7.18
2/
99.755
9.45
2/
99*638
99*698
9.35
7.94
2/
2/
3,612p
99.958
11.64
3,123p
2,802p
50
2,259
99.950
99.871
99.891
99.891
8.89
9.79
(
/
V
384
.2,518
2,902
2,737
1983
(
2,309
7.02
7.02
1/
2/
2/
6-1/4%
2/
December 1979
43
-PUBLIC DEBT OPERATIONS.
Table PDO-5. • Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations—Continued
Description of securities
Date of
financing
Amount issued
(In millions)
Average price
per hundred
Effective
interest
rate
100.00
100.00
7.25
7.25
8%
2/
Note
_
2/15/77-A
99.81
99.81
7.28
7.28
9%
2/
Note
-
5/15/77-D
99,922
99.40
99.40
99.40
99.40
99.40
99 40
99.40
99.40
99.40
99.40
9.25
b.45
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.45
5%
4%
2-1/2%
6%
2-1/2%
5-3/4%
3-7/8%
5-3/4%
5-7/8%
1/
Note
Bond
Bond
Note
Bond
Note
Bond
Note
Note
-
8/15/72-E
8/15/72
9/15/67-72
11/15/72-F
11/15/67-72
11/15/74-A
11/15/74
2/15/75-A
2/15/75-E
99.946
99.946
7.26
7.26
7-3/4%
2/
Note
-
8/15/77-B
7.88
7.88
6-1/4%
2/
Note
_
2/15/78-A
3.22
Note
Note
-
8/15/78-C
8/15/78-E
Note
Note
Note
Note
Note
Bond
Bond
_
-
11/15/71-B
11/15/71-G
5/15/72-D
5/15/72-D
8/15/72-E
11/15/71
8/15/72
Eligible securities exchanged
1984
881
2,024
2,905
2,623
2,909
5,533
2/15/77
7-1/47.
Note
-
2/15/84-A
5/16/77
9-1/4%
Note
-
5/15/84-C
9/5/79
r
f
^
2,_587p
f
6-3/8%
Bond
-
8/15/84
15
252
221
133
164
535
265
457
268
41
2*353
300
2,563
2,863
8/15/72
V.
7-1/4%
Note
8/15/84-B,
8/15/77
^
M
1985
8%
Note
2/15/85-A
3-1/4%
Bond
5/15/85
8-1/4%
Note
8/15/85-B
2/15/78
1,200
3,003
4,203
1,135
f
1
V
34p
1,400p
3,403p
4,^7P
99.426
99.426
99.426
8.36
8.36
8.36
2/
8-3/4%
7-5/8%
2/
98
487
187
58
36
268
58
24
1,216
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
5-3/8%
7-3/4%
4-3/4%
6-3/4%
5%
3-7/8%
4%
2/
100.00
9.00
9701
2/
2/
4.19
4.19
4.19
4%
3-1/4%
2/
Note
Note
-
8/15/62-B
8/15/62-G
99.552
99.552
7.69
7.69
7-3/4%
2/
Note
-
11/15/77-E
6/3/58
8/15/78
100.65
100.65
(
V
100.50
1986
6-1/8%
Bond
11/15/86
1987_
11/15/71
8/15/79
3,029p
9%
Note
2/15/87-B
2/15/79
3,209p
4-1/47.
Bond
8/15/87-92 It
8/15/62
r
<
5
360
365
\
V
7-5/8%
Note
11/15/87-A
11/15/77
373
2,014:
2,387
f
V
v
99.944'
101.00
101.00
101.00
,
1988
4%
Bond
2/15/88-93
1/17/63
8-1/4%
Note
5/15/88-A
5/15/78
r
(
V
8-3/4%
Note
11/15/88-B
11/15/78
f
\
7-1/2%
Bond
8/15/88-93
f
8/15/73
/
\
11/15/73
{
I
f
2/15/74
{
V.
'
252
99.85
4.01
2/
-59P
l»541p
Z »548p
4,148g_
99.732
99.732
99.732
8.29
8.29
8.29
7-1/8%
7-7/8%
2/
Note
Note
-
5/15/78-D
5/15/78-F
931p
2,514 b
3,445p
99.345
99.345
8.85
8.85
6%
2/
Note
-
11/15/78-B
93
333
500
925
95.05
95.05
95.05
8.00
8.00
8.00
8-1/8%
4%
2/
Note
Bond
-
8/15/73-B
8/15/73
136
302
438
100.14
100.14
7.78
7.78
4-1/8%
2/
- Bond
-
10
240
301
551
100.45
100.45
100.45
7.68
7.68
7.68
7-3/4%
4-1/8%
1/
Note
Bond
-
1989
9-1/4%
Note
5/15/89-A
5/15/79
2,628p
99.232
9.37
4-1/8%
10-3/4%
Bond
Note
5/15/89-94
11/15/89-B
4/18/63
11/15/79
300
2,414p
100.55
100.000
4.09
10.75
2/
2/
1/
1990
8-1/4%
Bond
5/15/90
4/7/75
1,247
99.455
8.31
2/
Bond
8/15/92
7/8/77
1,504
99.611
7.29
2/
1992
7-1/4%
11/15/73
2/15/74-C
2/15/74
Treasury Bulletin
44
------------------------------------------------------------- PUBLIC DEBT OPERATIONS____________________________________________
Table PDO-6. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations—Continued
Date of
financing
Description of securities
Amount issued
(In millions)
Average price
per hundred
$ 627
1,501
40
652
692
$ 99.50
99.315
98.75
98.75
Effective
interest
rate
Eligible securities exchanged
1993
6-3/4%
7-7/8%
7%
Bond
Bond
Bond
_
_
_
8-5/8%
Bond
-
8/15/93
7/11/78
l,768p
8-5/8%
Bond
-
11/15/93
10/10/78
1,509p
Bond
-
2/15/94
1/11/79
4/18/79
1/10/73
1/6/78
5/17/76
2/15/93
2/15/93
5/15/93-98
,
/
\
6.79%
7.95
7.11
7.11
2/
2/
7-3/4%
2/
99.924
8.63
2/
99.840
8.64
2/
1,509
99.963
9.00
2/
1,501P
98.79
9.14
2/
Note
-
5/15/73-A
1994
9%
8-1/2%
Bond
_
5/15/94-99
5/15/74
f
\
279
309
588
102.85
102.85
8.21
8.21
4-1/47.
2/
Bond
-
5/15/74
8/15/74
/
\
V
486
400
885
98.70
98.70
8.46
8.46
5-5/8%
1/
Note
-
8/15/74-B
,
196
142
603
941
103.04
103.04
103.04
8.37
8.37
8.37
5-3/4%
3-7/8%
2/
Note
Bond
_
-
11/15/74-A
11/15/74
J
11/15/74
J
t
8-3/4%
Bond
-
8/15/94
719/79
l,506p
99.467
8.81
2/
10-1/8%
1995
Note
-
11/15/94
10/18/79
l,501p
99.620
10.17
2/
f
1
7-7/8%
Bond
_
2/18/75
5/17/76
2/15/95-00
f
150
752
902
99.191
99.191
7.95
7.95
5-3/47.
2/
Note
-
2/15/75-A
I
117
750
868
96.73
96.73
8.19
8.19
6-1/2%
2/
Note
.
5/15/76-B
100.79
99.327
99.327
7.80
8.44
8.44
2/
5-7/8%
2/
Note
-
8/15/75-C
101.50
101.50
8.33
8.33
7%
2/
Note
-
11/15/75-D
99.02
99.02
8.47
8.47
7-1/8%
2/
Note
-
5/15/78-D
99.893
99.893
99.893
8.02
8.02
8.02
7-1/2%
6-1/27.
2/
Note
Note
-
8/15/76-C
8/15/76-G
99.450
99.450
99.450
8.30
8.30
8.30
5-7/8%
6%
2/
Note
Note
-
5/15/75-F
5/15/75-B
101.75
101.75
8.09
8.09
6-1/47.
2/
Note
-
2/15/76-A
100.13
100.13
8.23
8.23
6-1/4%
2/
Note
-
2/15/78-A
99.941
99.941
7.63
7.63
8%
2/
Note
_
2/15/77-A
98.25
98.25
98.25
7.77
7.77
7.77
6-7/8%
9%
2/
Note
Note
-
5/15/77-C
5/15/77-D
98.94
98.94
7.72
7.72
7-3/47.
2/
Note
-
8/15/77-B
-
11/15/77-E
1
I
> 11/15/76
8/15/75
8-3/8%
Bond
-
8/15/95-00
11/17/75
i
Bond
-
,
[
I
5/15/78
1996
8%
f
«
V.
8/15/96-01
8/16/76
f
I
^
f
/
V
1,001
313
801
1,114
150
1,001
1,151
895
1,501.
2,396
342
250
983
1,575
-
2000
5/15/75
(
f
1
8-1/4%
Bond
-
5/15/00-05
i
2/17/76
f
\
^
2/15/78
2002
Bond
-
2/15/02-07
1,254
2,025
f
391
753
1,143
527
373
1,003
1,903
199
1,003
1,202
240p
Af25,5p
l,495p
^ 8/15/77
Bond
-
11/15/02-07
I
e
5/16/77
7-7/8%
111
I
*
2/15/77
7-5/8%
f
220
630
754
1,604
215
402
617
11/15/77
/
\
I*
f
I
f
V
v
-
99.261
99.261
7.94
7.94
7-3/4%
2/
Note
December 1979
45
__________________________________ PUBLIC DEBT OPERATIONS____________________________________.
Table PDO-5. - Unnurtured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations—Continued
Date of
financing
Description of securities
2003
8-3/8%
Bond
8/15/03-08
8-3/4%
Bond
11/15/03-08
Amount issued
(In millions)
10-3/8%
1/
2/
3/
Bond
5/15/04-09
11/15/04-09
-
8/15/78-C
98.851
98.851
8.86
8.86
6%
Note
-
11/15/78-B
97.05
9.03
2/
98.938
9.23
8.91
1/
2/
10.44
2/
2/15/79
f
5/15/79 .
2,207p
\
8/15/79
2,399p
11/15/79
2,316p
^
Bond
Note
2,103p
678p
l,736p
2,414p
2,816p
J
11/15/78
V
f
I
Additional issue.
Issued for cash.
Treasury Notes, 7-3/8% Series C-1981 and 7-3/8% Series E-1981
102.13
99.407
*
p
Eligible securities exchanged
8-3/4%
2/
$99,402
99.402
I
Effective
interest
rate
8.43%
8.43
$600p
1,503p
8/15/78
\
2004
9-1/8%
Average price
per hundred
consolidated effective Sept. 1, 1976.
Less than $500,000.
Preliminary.
2]
46
Treasury Bulletin
, PUBLIC DEBT OPERATIONS^
Table PDO-6. - Allotments by Investor Classes^on Subscriptions for Public Marketable Securities
Part A. - Other than Bills I/—Continued
(In millions of dollars)
Allotments by investor classes
Amount issued
Date of
financ
ing
Description of securities
For°
cash
In
exchange
for
other
securi
ties
U.S. Gov
ernment
accounts
and
Federal
Reserve
banks 2/
Commer
cial
banks
3/
Indi
vidu
als
y
'Insur Mutual
ance
s*av-.
compa itigs
nies
banks
Corpo
rations
11
Private
pension
and re
tire
ment
funds
State and local
governments 6/
Pension
(Ttfier
and re
tire
funds
ment
funds
Dealers
and
brokers
All
other
7/
1/3/78
7-1/8% Note
12/31/79-X
3,592
328
328
1,398
172
2
5
165
3
628
7-7/8%'Bond
2/15/93
1.501
-
-
562
31
1
-
269
17
1
*
154
1/16/78
17
602
2
1/31/78
7-1/2% Note
1/31/80-K
3,603
272
272
1,738
159
7
36
184
6
4
16
877
576
2/15/78
6-1/2% Note
<8%
Note
(8-1/4% Bond
2,894
3.003
1,254
1,000
1,200
771
1,000
1,200
771
1,439
1,262
242
293
476
51
16
42
7
38
17
1
189
149
101
17
36
7
13
6
106
13
9
14
453
921
713
423
85
12
1,081
5/15/81-M
2/15/85-A
5/15/00-05 8/
753
2/28/78
7-5/8% Note
2/29/80-L
3.767
53
53
1,565
155
7
36
102
26
1
4
790
3/6/78
7-7/8% Note
3/31/82-G
2.853
-
-
1,305
72
9
24
118
16
10
12
833
454
3/31/78
7-1/2% Note
3/31/80-C 8/
3,695
312
312
1,896
217
9
18
214
9
2
13
314
1,003
4/5/78
7-7/8% Note
5/15/83-C
2,573
-
-
1,251
99
5
20
84
21
2
7
640
444
5/1/78
7-3/4% Note
4/30/80-N
2,752
428
428
1,321
131
6
16
43
5
3
13
592
622
5/15/78
8-1/4% Note
5/15/88-A
2,548
1,600
i,6ao
835
181
15
5
291
65
54
14
1,020
68
1.502
§95
895
405
36
4
1
102
19
115
182
603
35
8-3/8% Bond
8/15/95-00 8/
Note
5/31/80-P
2,922
177
177
925
385
14
9
91
12
13
7
580
876
6/7/78
8-1/4% Note
6/30/82-H
2,594
-
-
1,268
166
6
25
37
10
2
14
649
417
6/30/78
8-1/4% Note
6/30/80-Q
3,613
794
794
1,608
285
8
15
71
11
5
7
857
746
7/11/78
8-5/8% Bond
8/15/93
1.768
-
-
575
145
16
14
99
44
25
3
831
16
7/31/78
8-1/2% Note
7/31/80-R
3,789
375
375
1,464
388
14
15
47
9
6
26
1,181
639
8/15/78
]8-3/8% Note
<8-1/4% Note
(8-3/8% Bond
8/15/81-N
8/15/85-B
8/15/03-08
2,910
3,404
1,517
1,200
1,434
600
1,200
1,434
600
1,414
1,558
621
418'
321
40
8
11
7
10
10
3
71
58
78
29
8
25
7
10
67
5
3
18
537
890
656
411
535
2
8/31/78
8-3/8% Note
8/31/80-S
3,345
200
200
1,332
255
5
8
69
8
3
19
661
985
9/6/78
8-3/8% Note
9/30/82-J
2.501
-
-
1,484
114
2
21
23
7
2
35
501
312 9/
10/2/78
8-5/8% Note
9/30/80-T
3,395
511
511
1,282
230
4
13
151
24
3
18
544
1,126 9/
10/10/78
8-5/8% Bond
11/15/93
1.509
-
-
487
64
15
3
146
22
18
134
600
20 9/
10/31/78
8-7/8% Note
10/31/80-U
3.587
203
203
1,617
238
9
7
41
7
3
3
914
748 9/
A-l/47o Note
11/15/78 < 8-3/4% Note
(8-3/4% Bond
5/15/82-K
11/15/88-B
11/15/03-08
2,578
2,514
1,751
978
931
678
978
931
678
1,162
1,088
618
244
118
48
10
20
2
20
15
15
75
162
164
8
14
26
3
31
22
19
6
39
466
1,017
777
571 9/
43 9/
40 9/
11/30/80-V
2,945
250
250
7
11
1,02
9
1
19
664
838 9/
3,097
2.768
450
437
450
437
1,092
975
1,163
202
12/31/80-W
12/31/82-L
238
156
11
1
226
3
82
45
41
12
2
5
6
1
835
830-
681 9/
552 9/
5/31/78
11/30/78
1/2/79
1/11/79
1/31/79
2/15/79
2/28/79
3/5/79
4/9/79
4/18/79
4/30/79
5/15/79
5/31/79
7/02/79
7/09/79
7/31/79
8/15/79
8/31/79
9/5/79
10/9/79
10/10/79
10/18/79
10/31/79
8%
9-1/4% Note
(
9-7/8% Note
9-3/8% Note
9%
Bond
9-3/4% Note
(
9%
Note
8-3/4% Bond
9-3/4% Note
9-1/4% Note
9-5/8% Note
9%,
Bcrnd
9-3/4% Note
(
9-1/4% Note
9-1/8% Bond
9-3/4% Note
(
9-1/8% Note
8-7/8% Note
8-3/4% Bond
9-3/8% Note
{
9%
Note
9%
Note
9-1/8% Bond
2/15/94
1.509
-
-
507
90
14
1
53
18
8
6
776
36 9/
1/31/81-P
2,995
151
151
1,137
352
8
4
79
9
2
4
776
624 9/
2/15/87-B
11/15/03-08 8/
2/28/81-Q
2.278
2,001
931
800
1,005
562
115
69
26
3
4
34
106
120
39
13
3
111
24
9
2,519
368
931
800
368
942
181
3
3
31
53
193 9/
59 9/
654 9/
3/31/83-D
2,930
107
4
4
46
1
1
440
2.876
640
1,440
3/31/81-R
640
8
16
763
1,021
642
863
26‘
5
6
23
13
1
871 2/
1,048 9/
8
5
167
33
'3
10
3
40
648
424
6
2
3
1
14
780
607
17 2/
348 9/
2
-1
5
279
122
15
4
4
22
31
1
164 1/
9 2/
2
3
853
1,024
418
2/15/94 8/
1.501
4/30/81-S
2.854
159
159
1,703
51
139
5/15/89-A
5/15/04-09
2.278
2,007
350
200
350
200
789
785
125
34
16
5
5/31/81-T
2,303
239
239
980
190
3
6/30/81-U
6/30/83-E
2,807
2.877
250
246
250
246
983r
l,325r
19 5r
126r
14r
5r
9r
5r
54r
69r
7r
lr
lr
3r
173r
26r
283r
60 lr
838r2/
716r2/
8/15/94
7/31/81-V
1,506
3,047
170
170
472r
834r
24r
174r
2r
3r
lr
19r
267r
13r
lr
5r
2r
12r
2r
57r
713r
529r
12 x2 /
213x21
2,812
2,528
2.003
775
500
396
775
500
396
l,379r
947r
546r
146r
lOOr
15x
16r
8r
*
lOr
8r
95r
48r
48r
95r
8r
15r
2r
lr
Hr
lr
9r
27r
*
250r692r
l,209r
995x2/
672r9/
135r9/
3p
?P
5p
2p
6p
3p
7p
*
335p
44p
55p
2p
32p
141p
9p
lp
3p
*
5p
*
13p
*
7p
*
5p
51p
8p
*
21p
*
4p
357p
533p
608p
lp
659p
l,300p
1,243p9/
858p9/
1,243p9/
2,284p9/
136p9/
l,647p9/
8/15/82-M
2/15/87-B
5/15/04-09 8/
8/31/81
3,272
456
456
l,102p
5/15/84
2.587
l,076p
9-5/8% Note
9/30/81
3,294
400
400
l,154p
9-1/4% Note
9/30/83
2,534
268
268
161p
10-l/8%Note
11/15/94
1.501
651p
9-3/4% Note
10/31/81
3,984
470
470
734p
10-l/8%Bond
12-5/8%Bond
Source:
Based on subscription and allotment reports. For detail of
offerings see Table PDO-4.
1/ Excludes l-l/27o Treasury notes issued in exchange to holders of non
marketable 2-3/4% Treasury bonds. Investment Series B-1975-80.
2/ Includes trust funds and accounts that comprise Goverment accounts
under the unified budget concept.
3/ Includes trust companies and stock saving 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
154p
62p
212p
63p
17p
151p
2J
8/
9/
*
p
r
1
IP
IP
IP
35
16
651 2/
government and their agencies.
Includes savings and loan associations, nonprofit institutions, and
Vi
uaiauiea aim iniernacionai accounts in tniS
country. Also included are certain Government deposit accounts and
Government-sponsored agencies.
Reopening of earlier issue.
Includes portions to be distributed by investor class.
Less than $500,000.
Preliminary,
Revised.
December 1979
47
_____________________________ PUBLIC DEBT OPERATIONS_____________________________
Table PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B. - Bills Other than Regular Weekly Series
(In millions of dollars)
Date of
financing
Date of
maturity
Average
rate
(Percent)
Total amount
issued
series
Allotments by investor classes
U.S. Gov
ernment
accounts
and Federal
Reserve
banks 1./
Commer
cial
52-week
banks
Corpo
rations
2/
Dealers
and
brokers
All
Other 3/
1/10/78
2/7/78
1/9/79
2/6/79
6.552
6.814
3,205
3,253
913
644
804
1,177
27
40
945
850
3/7/78
4/4/78
5/2/78
5/30/78
6/27/78
7/25/78
3/6/79
4/3/79
5/1/79
5/29/79
6/26/79
7/24/79
6.859
6.877
7.073
7.417
7.678
7.820
3,321
3,346
3,025
2,478
2,784
3,380
986
959
934
864
844
827
1,088
959
436
749
542
744
27
45
11
16
32
26
893
944
1,123
575
731
1,351
327
439
521
274
635
432*
8/22/78
9/19/78
10/17/78
11/14/78
12/12/78
8/21/79
9/18/79
10/16/79
11/13/79
12/11/79
7.876
7.954
8.272
9.312
9.320
3,544
3,353
3,474
3,896
4,029
910
978
935
1,214
1,374
482
1,035
879
1,053
567
21
16
19
52
123
1,309
614
989
805
1,139
822
710
652
722
826
1/9/79
2/6/79
1/8/80
2/5/80
9.605
9.348
3,705
3,543
967
493
1,083
933
21
19
875
1,229
759
869
3/6/79
4/5/79
5/1/79
5/29/79
6/26/79
7/24/79
8/21/79
3/4/80
4/1/80
4/29/80
5/27/80
6/24/80
7/22/80
8/19/80
9.485
9.230
9.235
9.153
8.829
8.896
9.189
3,326
3,346
3,020
2,762
2,788
3,389
3,545
1,019
1,091
1,050
831
828
860
997
1 ,1 1 6
38
377
149
4
29
24
6
773
284
684
l,086r
1.221
775
909
380
616
42S
457r
292
955
673
9/18/79
10/16/79
11/13/79
9/16/80
10/14/80
11/6/80
9.893
11.508
11.810
3,556
3,454
3,903
1,077
1,109
1,340
Source: Based on subscription and allotment reports For detail of
offering see Table PDO-4.
1/ Includes trust funds and accounts that comprise Government accounts
under the unified budget concept.
2/ Exclusive of banks and insurance companies.
978
712
384r
418
775
960
868
889r
698
25
30r
15
769
607
768
516
542
817
910r
1,082
3/ Included with all other investors are certain Government deposit ac
counts and Government-sponsored agencies, formerly included with
Government accounts,
r Revised.
48
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills
Description
Issue
date
Results of ex
change offers
Disposition offers
by Treasury
Called or maturing securities 1/
................
Date of
refunding
or retire
ment
Amount
out
standing
Cash
retire
ment
Exchange
security
offered
Exchanged
Turned
in for
cash 2/
1/13/76
1/31/76
2/10/76
2/15/76
2/15/76
3/9/76
3/31/76
4/1/76
4/6/76
4/22/76
4/22/76
5/4/76
5/15/76
5/15/76
5/31/76
6/1/76
6.378% Bill
6.560$ Bill
5.313% Bill
6-1/4% Note
5-7/8% Note
5.6377. Bill
8%
Note
1-1/2% Note
6.474% Bill
5.823% Bill
4.834% Bill
6.400% Bill
6-1/2% Note
5-3/4% Note
6%
Note
5.803% Bill
-
1/13/76
1/31/76
2/10/76
2/15/76-A
2/15/76-F
3/9/76
3/31/76-H
4/1/76-EA
4/6/76
4/22/76
4/22/76
5/4/76
5/15/76-B
5/15/76-E
5/31/76-M
6/1/76
1/14/75
4/14/75
2/11/75
2/15/69
8/15/72
3/11/75
4/9/74
4/1/71
4/8/75
12/5/75
4/8/76
5/6/75
5/15/69
5/15/72
3/25/72
6/3/75
2,001
1,586
2,103
3,739
4,945
2,102
2,288
27
2,205
2,002
2,503
2,435
2,697
2,802
1,580
2,404
2,001
1,586
2,103
1,165
3,713
2,102
2,191
27
2,205
2,002
2,503
2,435
2,336
2,274
1,498
2,404
_
2,522 2/
1,232 4/
97 5/
361 4 /
528 7/
82 8/
“
_
-
_
“
6/29/76,
6/30/76
7/27/76
8/15/76
8/15/76
6.292%
8-3/4%
6.782%
7-1/2%
6-1/2%
-
6/29/76
6/30/76-1
7/27/76
8/15/76-C
8/15/76-G
7/1/75
5/15/74
7/29/75
10/1/69
2/15/73,
2,591
2,703
2,293
4,194
3,883
2,591
2,011
2,293
3,434
2,216
_
692 2/
1,102 IQ/
1,667 11/
_
-
_
-
Bill
Note
Bill
Note
Note
8/24/76
7.33*% Bill - 8/24/76
8/26/75
2,893
2,893
8/31/76
5-7/8% Note - 8/31/76-L
3/3/75
1,662
1,608
9/21/76
9/30/76
7.340% Bill
8-1/4% Note
1-1/2% Note
6.600%.B i H
6-1/2% Note
6.010% Bill
6-1/4% Note
7-1/8% Note
6.440% Bill
7-1/4% Note
5.578% Bill
5.572% Bill
8%
Note
6%
Note
6.010% Bill
6-1/2% Note
1-1/2% Note
5.781% Bill
7-3/8% Note
5.645% Bill
6-7/8% Note
9%
Note
6 .309% Bill
6-3/4% Note
-
9/21/76
9/30/76-J
10/l/76-E0
10/19/76
10/31/76-0
11/15/76
11/15/76-D
11/30/76-N
12/14/76
12/31/76-K
1/11/77
2/8/77
2/15/77-A
2/28/77-F
3/8/77
3/31/77-G
4/1/77-EA
4/5/77
4/30/77-H
5/3/77
5/^5/77-C
5/15/77-D
5/31/77
5/31/77-1
9/23/75
9/30/74
10/1/71
10/21/75
6/6/75
11/18/75
9/8/71
4/8/75
12/16/75
12/31/74
1/13/75
2/10/76
2/15/70
3/3/75
3/9/76
3/31/75
4/1/72
4/6/76
4/30/75
5/4/76
2/15/74
8/15/74
6/1/76
5/27/75
2,860
2,023
11
3,062
1,579
3,245
4,325
1,507
3,253
2,282
3,069
2,930
5,163
1,665
3,105
2,576
5
3,‘
203
1,579
3,335
2,565
5,329
2,921
2,137
2,860
1,697
11
3,062
1,481
3,245
4,205
1,371
3,253
2,030
3,069
2,930
2,591
1,515
3,105
2,053
5
3,203
1,469
3,335
2,038
2,333
2,921
1,947
6/28/77
6/30/77
7/26/77
7/31/77
8/15/77
8/23/77
8/31/77
6.082%
6-1/2%
5.739%
7-1/2%
7-3/4%
5.634%
8-1/4%
Bill
Note
Bill
Note
Note
Bill
Note
-
6/28/77
6/30/77-J
7/26/77
7/31/77-K
8/15/77-B
8/23/77
8/31/77-L
2,612
2,170
2,977
1,516
4,918
2,953
2,021
2,612
1,906
2,977
1,451
3,994
2,953
1,898
9/20/77
9/30/77
10/1/77
10/18/77
10/31/77
5.561%
8-3/8%
1-1/2%
5.126%
7-1/2%
Bill
Note
Note
Bill
Note
-
9/20/77
9/30/77-M
10/1/77-E0
10/18/77
10/31/77-N
6/29/76
6/30/75
7/27/76
7/31/75
8/15/70
8/24/76
8/29/75
9/21/76
9/30/75
10/1/72
10/19/76
10/31/75
2,917
3,226
2,917
3,136
17
3,095
3,156
17
3,095
2,938
_
264 22/
65 26/
924 22/
123 28/
90 £2/
_
218 20/
11/15/77
11/15/77
11/30/77
7-3/4% Note - 11/15/77-E
5.201% Bill - 11/15/77
6-5/8% Note - ll/30/77-Q
11/15/74
11/15/76
3/3/76
3,630
3,402
2,628
2,392
3,402
2,516
1,238 21/
112 22/
12/13/77
12/31/77
4.708% Bill - 12/13/77
7-1/4% Note - 12/31/77-P
12/14/76
12/31/75
3,505
2,765
3,505
2,437
_
328
275
2,971
53
_
312
_
10/1/76
10/19/76
10/31/76
11/15/76
11/15/76
11/30/76
12/14/76
12/31/76
1/11/77
2/8/77
2/15/77
2/28/77
3/8/77
3/31/77
4/1/77
4/5/77
4/30/77
5/3/77
5/15/77
5/15/77
5/31/77
'5/31/77
1/10/78
1/31/78
2/7/78
2/15/78
2/28/78
4.728%
6-3/8%
5.344%
6-1/4%
8%
1/10/78
1/31/78-J
2/7/78
2/15/78-A
2/28/78-.G
1/11/77
2/2/76
2/8/77
2/15/71
10/7/75
3,071
2,511
3,105
8,389
2,115
3,071
2,239
3,105
5,418
2,062
3/7/78
3/31/78
5.226% Bill - 3/7/78
6-3/4% Note - 3/31/78-K
3/8/77
3/31/76
3,208
3,162
3,208
2,850
4/1/78
4/4/78
4/30/78
5/2/78
5/15/78
5/15/78
5/30/78
1-1/27. Note - 4/1/78-EA
5.158% Bill - 474/78
6-1/2% Note - 4/30/78-L
4/1/73
4/5/77
5/17/76
15
3,342
2,574
15~
3,34^
2,146
5.1607.
7-1/87.
7-7/8%
5.403%
5/3/77
2/18/75
8/15/75
5/31/77
2,966
3,960
4,423
2*454
2,966
3,006
2,882
2,454
Footnotes at end of Table
Bill
Note
Bill
Note
Note
Bill
Note
Note
Bill
-
-
5/2/78
5/15/78-D
5/15/78-F
5/30/78
54 12/
_
326 12/
-
-
-
-
-
98 14/
-
120
136
252
2,572
150
523
110
527
2,996
190
-
15/
16/
12/
12/
12/
20/
21/
22/
22/
2JJ
22/
24/
25/
26/
22/
-
428 28/
_
954 39/
1,541 40/
-
-
-
-
_
_
-
-
-
-
-
_
-
_
_
-
_
-
-
_
-
-
_
-
_
_
_
-
-
_
Description of new
securities offered
(See also Table PD0-4)
49
December 1979
PUBLIC DEBT OPERATIONS
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills—Continued
Issue
date
Description
£#8
5.648#
6-5/8#
Note
Bill
Note
Bill
Note
6/30^78-N
7/25/78
7/31/78-P
8/15/78
8/15/78
8/22/78
8/31/78
8-3/4#
7-5/8#
6.105#
6-5/8#
Note
Note
Bill
Note
9/19/78
9/30/78
10/1/78
6.156#
6-1/4#
1-1/2#
10/17/78
10/31/78
5/31/78
6/27/78
6/30/78
7/25/78
7/31/78
Disposition offers
by Treasury
Called or maturing securities 1/
Date of
refunding
or retire
ment
7-1/8#
5/31/78-M
6/1/76
Amount
out
standing
Cash
retire
ment
Exchange
security
offered
2,537
794 42/
7/26/77
7/30/76
2,567
2.253
3^331
3,038
2,855
3,038
2,480
375 42/
8/15/78-C
8/15/78-E
8/22/78
8/31/78-Q
5/15/74
5/15/75
8/23/77
8/31/76
2,462
5,155
3,005
2,949
1,828
2,555
3,005
2,749
Bill
Note
Note
9/19/78
9/30/78-R
10/1/78-E0
9/20/77
9/30/76
10/1/73
3,036
3,195
3
3,036
2,684
3
6.619%
5-7/8%
Bill
Note
10/17/78
10/31/78-S
10/18/77
11/01/76
3,162
2,921
3,162
2.718
203 48/
11/14/78
11/15/78
11/30/78
6.542%
6%
5-3/4%
Bill
Note
Note
11/14/78
11/15/78-B
11/30/78-T
11/15/77
11/15/71
11/30/76
3,587
8,207
2,941
3,587
5,620
2,691
2,587 49/
250 50/
12/12/78
12/31/78
12/31/78
1/09/79
6.545%
8-1/8%
5-1/4%
6.552%
Bill
Note
Note
Bill
12/12/78
12/31/78-H
12/31/78-U
1/9/79
12/13/77
10/22/75
12/31/76
1/10/78
3,838
2,517
3.376
3,205
3,838
1,875
3,131
3,205
1/31/79
2/6/79
2/15/79
2/28/79
, 3/6/79
5-7/8%
6.814%
7%
5-7/8%
6.859%
Note
Bill
Note
Note
Bill
1/31/79-L
2/6/79
2/15/79-H
2/28/79-M
3/6/79
2/3/77
2/7/78
2/17/76
2/28/77
3/7/78
2',855
3.253
4,692
2,845
3,321
2,704
3.253
2,961
2.477
3,321
3/31/79
4/XL/79
4/03/79
4/30/79
6%
1-1/2#
6.877#
5-7/8%
Note
Note
Bill
Note
3/31/79-N
4/1/79-EA
4/3/79
4/30/79-P
3/31/77
4/3/74
4/4/78
5/2/77
3,519
2
3,346
1,992
2,879
2
3,346
1,833
159 57/
5/1/79
5/15/79
7.073%
7-7/8%
Bill
Note
5/1/79
5/15/79-D
5/2/78
11/6/74
3,025
2,269
3.025
1.719
550 58/
5/29/79
5/31/79
6/26/79
6/30/79
6/30/79
7.417%
6-1/8%
7.678%
7-3/4%
6-1/8%
Bill
Note
Bill
Note
Note
5/29/79
5/31/79-Q
5/30/78
5/31/77
2,478
2,087
2.478
1,848
239 59/
6/26/79
6/30/79-E
6/30/79-R
6/27/78
7/9/75
6/30/77
2,784
1,782
2,308
2,784
1,582
2,012
200 60/
296 61/
7/24/79
7/31/79
8/15/79
8/15/79
8/21/79
8/31/79
7.820%
6-1/4%
6-1/4%
6-7/8%
7.876%
6-5/8%
Bill
Note
Note
Note
Bill
Note
7/24/79
7/31/79-S
8/15/79-A
8/15/79-J
8/21/79
8/31/79-T
7/25/78
8/1/77
8/15/72
8/16/76
8/22/78
8/31/77
3,380
3,180
4,559
2,989
3,544
3,481
3,380
3,010
3,890
1,987
3,544
3.025
9/18/79
9/30/79
9/30/79
10/1/79
10/16/79
10/31/79
7.954%
8-1/2%
6-5/8%
1-1/2%
8.272%
7-1/4%
Bill
Note
Note
Note
Bill
Note
9/18/79
9/30/79-F
9/30/79-U
10/1/79-EO
10/16/79
10/31/79-V
9/19/78
9/04/75
9/30/77
3,353
2,081
3,861
3,353
2,081
3,861
10/1/74
10/17/78
10/31/77
1
3,474
4,334
1
3,474
4,334
11/13/79
11/15/79
11/15/79
11/15/79
11/30/79
12/11/79
9.312%
6-5/8%
7%
6-1/4%
7-1/87.
9,320%
Bill
Note
Note
Note
Note
Bill
11/13/79
11/15/79-B
11/15/79-C
11/15/79-K
11/30/79-W
12/11/79
11/14/78
2/15/73
11/15/73
11/15/76
11/30/77
12/12/78
3,896
1,604
2,241
3.376
4,791
4,029
3,896
1,604
2,241
3,376
4,791
4,029
»
2,390
2.253
177 41/
634 44/
2,600 42/
200^6/
51142/
642 51/
245 52/
151 53/
1,731 54/
368 55/
640 56/
170 62/
669 63/
1,002 64/
456 65/
Results of ex
change offers
Exchanged
Turned
in for
cash 2/
Description of new
securities offered
(See also Table PDO-4)
50
Treasury Bulletin
PUBLIC DEBT OPERATIONS,
Footnotes to Table PDO-7
Source:
Bureau of the Public Debt.
1/ Original call and maturity dates are used.
2/ All by investors other than Federal Reserve banks.
3/ Exchanged by Federal Reserve banks and Government accounts for $368
million of 77. notes of Series H-1979, $1,939 million, of 87. notes
of Series A-1983 and $215 million of 8-1/47. bonds of 2000-05 issued
February 17, 1976.
4/ Exchanged by Federal Reserve banks and Government accounts for 77.
notes of Series H-1979 issued February 15, 1976.
5/ Exchanged by Federal Reserve banks and Government accounts for 6-3/47.
notes of Series K-1978 issued March 31, 1976.
6/ Exchanged by Federal Reserve banks and Government accounts for $276
million of 7-7/87. notes of Series A-1986 issued 5/17/76 and $85
million of 7-7/87o bonds of 1995-2000 issued May 17, 1976.
7/ Exchanged by Federal Reserve banks and Government accounts for $300
million of 6-1/27. notes of Series L-1978 and $196 million of 7-7/87o
notes of Series A-1986, and $32 million of 7-7/87. bonds of 1995-2000
issued May 17, 1976.
8/ Exchanged by Federal Reserve banks and Government accounts for 7-1/87.
notes of Series M-1978 issued June 1, 1976.
9/ Exchanged by Federal Reserve banks and Government accounts for 6-7/87,
notes of Series N-1978 issued June 30, 1976.
10/ Exchanged by Federal Reserve banks and Government accounts for $700
million of 6-7/87. notes of Series J-1979, $60 million of 87. notes of
Series B-1986, and $342 million 87. bonds of 1996-2001 issued August 16,
1976.
11/ Exchanged by Federal Reserve banks and Government accounts for $1,417
million of 87. notes of Series B-1986 and $250 million of 87. bonds of
1996-2001 issued August 16, 1976.
12/ Exchanged by Federal Reserve banks and Government accounts for 6-5/87.
notes of Series Q-1978 issued August 31, 1976.
13/ Exchanged by Federal Reserve banks and Government accounts for 6-1/47.
notes of Series R-1978 issued September 30, 1976.
14/ Exchanged by Federal Reserve banks and Government accounts for 5-7/87,,
notes of Series S-1978 issued November 1, 1976.
15/ Exchanged by Federal Reserve banks and Government accounts for $70
million of 6-1/47. notes of Series K-1979 and $50 million of 77.
notes of Series B-1983 issued November 15, 1976.
16/ Exchanged by Federal Reserve banks and Government accounts for 5-3/47.
notes of Series T-1978 issued November 30, 1976.
17/ Exchanged by Federal Reserve banks and Government accounts for 5-1/47.
notes of Series U-1978 issued December 31, 1976.
18/ Exchanged by Federal Reserve banks and Government accounts for $1,300
million of 6-1/27. notes of Series C-1980, $881 million of 7-1/47. notes
of Series A-1984 and $391 million of 7-5/87. bonds of 2002-2007 issued
February 15, 1977.
19/ Exchanged by Federal Reserve banks and Government accounts for 5-7/87.
notes of Series M-1979 issued February 28, 1977.
20/ Exchanged by Federal Reserve banks and Government accounts for 67.
notes of Series N-1979 issued March 31, 1977.
21/ Exchanged by Federal Reserve banks and Government accounts for 5-7/87.
notes of Series P-1979 issued May 2, 1977.
22/ Exchanged by Federal Reserve banks and Government accounts for 7-5/87.
bonds of 2002-2007 issued May 16, 1977.
23/ Exchanged by Federal Reserve banks and Government accounts for $2,623
million of 7-1/47. notes of Series A-1984 and $373 million of 7-5/87.
bonds of 2002-2007 issued May 16, 1977.
24/ Exchanged by Federal Reserve banks and Government accounts for 6-1/87.
notes of Series Q-1979 issued May 31, 1977.
25/ Exchanged by Federal Reserve banks and Government accounts for 6-1/87.
notes of Series R-1979 issued June 30, 1977.
26/ Exchanged by Federal Reserve banks and Government accounts for 6-1/47.
notes of Series S-1979 issued August 1, 1977.
27/ Exchanged by Federal Reserve banks and Government accounts for $425
million of 6-3/47. notes of Series H-1980, $300 million of 7-1/47.
notes of Series B-1984, and $199 of 7-5/87. bonds of 2002-07 issued
August 15, 1977.
28/ Exchanged by Federal Reserve banks and Government accounts for 6-5/87.
notes of Series T-1979 issued August 31, 1977.
29/ Exchanged by Federal Reserve banks and Government accounts for 6-5/87.
notes of Series U-1979 issued September 30, 1977.
30/ Exchanged by Federal Reserve
-in.i r;o». <rtmr »»i •< onunts for 7-1/47.
noces of Series V-1979 issued October 31, I4)-1
31/ Exchanged l»> Federal Reserve banks and Governruv...L - < ounts for $62r
million oi '-|/87 notes of Cc^ic*? r-1°S0, $373 riilior of 7-5/** notes
of Series A-J987 and $240 m llion of 7-7/H7„ bonds of 2002-07 issued
November 13, 1^77.
32/ Exchanged by Federal Reserve banks and Government accounts for 7-1/87.
notes of Series W-1979 issued November 30, 1977.
33/
34/
35/
36/
37/
38/
39/
40/
41/
42/
43/
44/
45/
46/
47/
48/
49/
50/
51/
52/
53/
54/
55/
56/
57/
58/
59/
60/
—
$ \j
62/
63/
64/
65/
Exchanged by Federal Reserve banks and Government accounts for 7-1/27.
notes of Series X-1979 issued January 3, 1978.
Exchanged by Federal Reserve banks and Government accounts for 7-1/27.
notes of Series K-1980 issued January 31, 1978.
Exchanged by Federal Reserve banks and Government accounts for $1,000
million of 7-1/27. notes of Series M-1981, $200 million of 87. notes
of Series A-1985, and $771 million of 8-1/47. bonds of 2000-05 issued
February 15, 1978.
Exchanged by Federal Reserve banks and Government accounts for 7-5/87.
notes of Series L-1980 issued February 28, 1978.
Exchanged by Federal Reserve banks and Government accounts for an
additional amounts of 7-1/27. notes of Series C-1980 issued March 31,
1978.
Exchanged by Federal Reserve banks and Government accounts for 7-3/47.
notes of Series N-1980 issued May 1, 1978.
Exchanged by Federal Reserve banks and Government accounts for $59
million of 8-1/47. notes of Series A-1988 and $895 million of 8-3/87.
bonds of 1995-2000 issued May 15, 1978.
Exchanged by Federal Reserve banks and Government accounts for 8-1/47.
notes of Series A-1988 issued May 15, 1978.
Exchanged by Federal Reserve banks and Government accounts for 87. notes
of Series P-1980 issued May 31, 1978.
Exchanged by Federal Reserve banks and Government accounts for 8-1/47.
notes of Series Q-1980 issued June 30, 1978.
Exchanged by Federal Reserve banks and Government accounts for 8-1/27.
notes of Series R-1980 issued July 31, 1978.
Exchanged by Federal Reserve banks and Government accounts for $34
million of 8-1/47. notes of Series B-1985 and $600 million of 8-3/87.
bonds of 2003-2008 issued August 15, 1978.
Exchanged by Federal Reserve banks and Government accounts for $1,200
million of 8-3/87. notes of Series N-1981 and $1,400 million of 8-1/47.
notes of Series B-1985 issued August 15, 1978.
Exchanged by Federal Reserve banks and Government accounts for 8-3/87.
notes of Series S-1980 issued August 31, 1978.
Exchanged by Federal Reserve banks and Government accounts for 8-5/87.
notes of Series T-1980 issued October 2,1978.
Exchanged by Federal Reserve banks and Government accounts for 8-7/87.
notes of Series U-1980 issued October 31, 1978.
Exchanged by Federal Reserve banks and Government accounts for $978
million of 9-1/47. notes of Series K-1982, $931 million of 8-3/47.
notes of Series B-1988, and $678 million of 8-3/47. bonds of 2003-08
issued November 15, 1978.
Exchanged by Federal Reserve banks and Government accounts for 9-1/47.
notes of Series V-1980 issued November 30, 1978.
Exchanged by Federal Reserve banks and Government accounts for $450
million of 9-7/87. notes of Series W-1980 and $192 million of notes
of Series L-1982 issued January 2, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-3/87.
notes of Series L-1982 issued January 2, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-3/47.
notes of Series P-1981 issued January 31, 1979.
Exchanged by Federal Reserve banks and Government accounts for $931
million of 97. notes of Series B-1987 and $800 million of 8-3/47. bonds
of 2003-08 issued February 15, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-3/47.
notes of Series Q-1981 issued February 28, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-5/87.
notes of Series R-1981 issued April 9, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-3/47.
* notes of Series S-1981 issued April 30, 1979.
Exchanged by Federal Reserve banks and Government accounts for $350
million of 9-1/47. notes of Series A-1989 and $200 million of 9-1/87.
bonds of 2004-09 issued May 15, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-3/47.
notes of Series T-1981 issued May 31, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-1/87.
notes of Series U-1981 issued July 2, 1979.
Exchanged by Federal Reserve banks and Government accounts for $93
million of 9-1/87. notes of Series U-1981 and $203 million of 8-7/87.
notes of Series E-1983 issued July 2, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-3/87.
notes of Series V-1981 issued July 31, 1979.
Exchanged by Federal Reserve banks and Government accounts for 97.
notes of Series M-1982 issued August 15, 1979.
Exchanged by Federal Reserve banks and Government accounts for $106
million of 97. notes of Series M-1982, $500 million of 97. notes of
Series B-1987, and $396 million of 9-1/87. bonds of 2004-09 issued
August 15, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-5/87.
notes of Series W-1981 issued August 31, 1979.
December 1979
51
__________PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U.S. dollars; dollar amounts in millions)
Amount
Securities
Issue
date
Maturity
date
Interest
rate
(percent)
Issued
Retired
Total outstanding
end of month
1978-Jan.
Bills..............................
Feb.
BiTls................ ,..............
Notes........... ................. .
Mafr.
Bills
Certificates of indebtedness.......
11/28/77
10/05/77
10/06/77
10/14/77
10/17/77
10/24/77
10/26/77
1/03/78
1/05/78
1/06/78
1/09/78
1/10/78
1/12/78
1/13/78
1/16/78
1/17/78
1/24/78
1/25/78
1/26/78
1/26/78
1/03/78
1/05/78
1/06/78
1/13/78
1/17/78
1/24/78
1/26/78
4/03/78
4/05/78
4/06/78
4/10/78
4/10/78
4/12/78
4/13/78
4/17/78
4/17/78
4/24/78
4/25/78
4/26/78
4/26/78
6.15
6.10
6.15
6.15
6.20
6.20
6.15
6.15
6.15
6.15
6.70
6.70
6.70
6.70
6.55
6.45
6.45
6.45
6.45
4/01/76
10/29/76
11/28/77
1/04/78
1/06/78
1/06/78
1/06/78
1/31/78
1/31/78
1/31/78
1/30/78
1/31/78
3/31/78
1/31/78
2/28/78
1/31/78
11/30/79
12/31/79
8/04/77
2/02/78
2/02/78
8/03/78
11/02/77
11/14/77
11/22/77
11/25/77
2/01/78
2/02/78
2/14/78
2/14/78
2/16/78
2/16/78
2/17/78
2/21/78
2/21/78
2/22/78
2/23/78
2/24/78
2/24/78
2/27/78
2/28/78
2/02/78
2/14/78
2/22/78
2/24/78
5/02/78
5/02/78
5/16/78
5/16/78
5/16/78
5/16/78
5/17/78
5/22/78
5/22/78
5/22/78
5/23/78
5/24/78
5/24/78
5/26/78
5/29/78
6.375
5.70
6.375
6.75
6.375
8.00
6.375
7.125
7.125
6.30
6.20
6.10
6.10
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.45
6/28/76
10/29/76
12/19/77
1/04/78
1/06/78
9/08/79
12/01/77
3/02/78
3/09/78
3/21/78
3/21/78
3/27/78
3/27/78
3/30/78
3/30/78
3/31/78
4/28/78
2/28/78
3/31/78
2/28/78
3/09/78
3/02/78
3/31/78
9/07/78
3/31/78
3/31/78
3/31/78
3/31/78
6/22/78
6/29/78
12/05/77
12/06/77
12/07/77
12/08/77
12/09/77
12/12/77
12/13/77
12/14/77
12/15/77
12/16/77
12/16/77
12/19/77
12/20/77
12/21/77
12/22/77
12/23/77
12/27/77
12/30/77
3/02/78
3/02/78
3/06/78
3/06/78
3/07/78
3/08/78
3/06/78
3/06/78
3/07/78
3/08/78
3/09/78
3/13/78
3/13/78
3/14/78
3/15/78
3/16/78
3/16/78
3/20/78
3/20/78
3/21/78
3/22/78
3/23/78
3/28/78
3/30/78
6/02/78
6/02/78
6/06/78
6/06/78
6/07/78
6/08/78
_
-
3
67
9
178
75
146
269
86
74
18
29
33
19
300
100
100
50
50
_
40
-
7
45
29
2
21
122
33
27
263
13
92
45
64
17
23
300
27
9
49
17
18
17
-
100
29
300
100
40
45
19
13
45
-
6.75
5.80
8.00
6.75
8.00
-
-
-
100
30
300
300
100
43
47
47
43
250
-
-
-
150
.
-
6.05
6.05
6.05
6.05
6.05
6.05
6.10
6.10
6.10
6.10
6.10
6.10
6.00
6.00
6.00
6.00
6.15
6.15
6.45
6.45
6.45
6.45
6.35
6.35
250
-
-
150
350
300
-
_
-
45
45
36
12
62
21
21,659
-
36
12
62
21
46
28
30
18
33
23
23
16
14
24
8
59
27
84
“
21,510
52
Treasury Bulletin
____________ PUBLIC DEBT OPERATIONS____________
Table PDO-8. * Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Amount
Securities
Issue
date
Maturity
date
Interest
rate
(percent)
Issued
Retired
Total outstanding
end of month
1978-Mar.- Continued
Notes................................
Aor.
Bills................................
Notes..................... .........
May
Bills................................
3/09/78
3/13/78
3/13/78
3/14/78
3/15/78
3/15/78
3/15/78
3/16/78
3/16/78
3/16/78
3/20/78
3/20/78
3/21/78
3/22/78
3/23/78
3/28/78
3/29/78
3/29/78
3/30/78
6/09/78
6/13/78
6/13/78
6/14/78
6/15/78
6/15/78
6/15/78
6/16/78
6/16/78
6/16/78
6/20/78
6/20/78
6/21/78
6/22/78
6/23/78
6/28/78
6/29/78
6/29/78
6/30/78
6.35
6.35
6.35
6.30
6.30
6.30
6.30
6.30
6.30
6.30
6.30
6.30
6.20
6.20
6.20
6.35
6.35
6.35
6.35
46
28
30
18
137
137
33
23
49
49
16
14
24
8
59
27
14
14
84
500
40
216
7/19/72
10/29/76
3/22/78
3/22/78
4/28/78
2/15/85
10/13/77
10/13/77
4/13/78
4/13/78
4/13/78
4/13/78
10/12/78
10/12/78
5.95
5.80
7.90
_
-
1/03/78
1/05/78
1/05/78
1/05/78
1/06/78
1/09/78
1/09/78
1/10/78
1/10/78
1/12/78
1/12/78
1/13/78
1/13/78
1/13/78
1/16/78
1/16/78
1/17/78
1/17/78
1/17/78
1/24/78
1/25/78
1/25/78
1/26/78
1/26/78
1/26/78
1/26/78
4/03/78
4/04/78
4/04/78
4/05/78
4/05/78
4/06/78
4/06/78
4/10/78
4/10/78
4/10/78
4/10/78
4/10/78
4/12/78
4/12/78
4/13/78
4/13/78
4/13/78
4/13/78
4/17/78
4/17/78
4/17/78
4/17/78
4/17/78
4/17/78
4/24/78
4/24/78
4/25/78
4/25/78
4/26/78
4/26/78
4/26/78
4/03/78
4/05/78
4/05/78
7/05/78
4/06/78
4/10/78
4/10/78
4/10/78
4/10/78
4/12/78
4/12/78
4/13/78
4/13/78
4/13/78
4/17/78
4/17/78
4/17/78
4/17/78
4/17/78
4/24/78
4/25/78
4/25/78
4/26/78
4/26/78
4/26/78
4/26/78
7/03/78
7/05/78
7/05/78
7/05/78
7/05/78
7/06/78
7/06/78
7/10/78
7/10/78
7/10/78
7/10/78
7/10/78
7/12/78
7/12/78
7/13/78
7/13/78
7/13/78
7/13/78
7/17/78
7/17/78
7/17/78
7/17/78
7/17/78
7/17/78
7/24/78
7/24/78
7/25/78
7/25/78
7/26/78
7/26/78
7/26/78
6.15
6.15
6.15
6.45
6.15
6.15
6.15
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.55
6.55
6.55
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.35
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.40
6.40
6.40
6.40
6.40
6.40
6.40
6.40
6.40
6.40
6.40
6.40
6.15
6.15
6.30
6.30
6.30
6.30
6.30
4/07/72
10/29/76
4/07/78
4/07/78
4/28/78
3/31/85
6.20
5.80
8.05
400
400
29
-
11/10/77
5/11/78
5/11/78
11/9/78
_
-
265
_
-
3
35
35
27
40
9
89
89
38
38
73
73
49
110
110
43
43
17
29
29
18
15
15
8
8
19
_
-
275
-
-
500
37
40
209
22,614
-
*
3
27
40
27
9
89
89
38
38
73
73
49
110
110
43
43
17
29
29
18
15
15
17
8
8
19
-
9
-
89
-
48
17
18
-
22,438
53
December 1979
____________ PUBLIC DEBT OPERATIONS______________
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Amount
Securities
1978-Mav Continued
Certificates of indebtedness..... .
Notes.................... ........
June
Bills...............................
Certificates of indebtedness.........
Issue
date
Maturity
date
2/01/78
2/01/78
2/02/78
2/14/78
2/14/78
2/14/78
2/14/78
2/16/78
2/16/78
2/16/78
2/17/78
2/17/78
2/21/78
2/21/78
2/21/78
2/21/78
2/21/78
2/21/78
2/22/78
2/23/78
2/23/78
2/24/78
2/24/78
2/24/78
2/27/78
2/27/78
2/28/78
2/28/78
3/06/78
3/06/78
3/07/78
3/08/78
3/09/78
3/13/78
3/13/78
3/14/78
3/15/78
3/16/78
3/20/78
3/20/78
3/21/78
3/22/78
3/23/78 *
4/10/78
4/12/78
4/13/78
4/17/78
4/17/78
4/25/78
4/26/78
4/26/78
5/02/78
5/02/78
5/02/78
5/02/78
5/02/78
5/16/78
5/16/78
5/16/78
5/16/78
5/16/78
5/16/78
5/17/78
5/17/78
5/22/78
5/22/78
5/22/78
5/22/78
5/23/78
5/23/78
5/24/78
5/24/78
5/26/78
5/26/78
5/29/78
5/29/78
5/02/78
5/02/78
5/02/78
5/16/78
■ 5/16/78
5/16/78
5/16/78
5/16/78
5/16/78
5/16/78
5/17/78
5/17/78
5/22/78
5/22/78
5/22/78
5/22/78
5/22/78
5/22/78
5/22/78
5/23/78
5/23/78
5/24/78
5/24/78
5/24/78
5/26/78
5/26/78
5/29/78
5/29/78
6/06/78
6/06/78
6/07/78
6/08/78
6/09/78
6/13/78
6/13/78
6/14/78
6/15/78
6/16/78
6/20/78
6/20/78
6/21/78
6/22/78
6/23/78
7/10/78
7/1*2/78
7/13/78
7/17/78
7/17/78
7/25/78
7/26/78
7/26/78
8/02/78
8/02/78
8/02/78
8/02/78
8/02/78
8/16/78
8/16/78
8/16/78
8/16/78
8/16/78
8/16/78
8/17/78
8/17/78
8/22/78
8/22/78
8/22/78
8/22/78
8/23/78
8/23/78
8/24/78
8/24/78
8/25/78
8/25/78
8/29/78
8/29/78
Interest
rate
(percent)
>
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.45
6.45
6.45
6.45
6.35
6.35
6.35
6.35
6.35
6.30
6.30
6.30
6.30
6.30
6.20
6.20
6.20
6.45
6.40
6.40
6.40
6.40
6.30
6.30
6.30
6.50
6.50
6.50
6.50
6.50
6.35
6.35
6.35
6.35
6.35
6.35
6.35
6.35
6.35
6.35
6.35
6.35
6.50
6.50
6.50
6.50
6.50
6.50
6.65
6.65
Issued
_
-
-
-
_
.
.
_
_
_
_
3
3
45
.
5
5
61
61
17
17
88
88
44
44
46
46
32
32
9
9
12
12
10/29/76
7/28/78
5.95
-
3/30/78
3/30/78
3/02/78
3/02/78
3/15/78
3/15/78
3/16/78
3/16/78
3/23/78
3/28/78
3/29/78
3/29/78
3/30/78
5/16/78
6/22/78
6/29/78
6/02/78
6/02/78
6/15/78
6/15/78
6/16/78
6/16/78
6/23/78
6/28/78
6/29/78
6/29/78
6/30/78
8/16/78
6.45
6.45
6.30
6.30
6.30
6.30
6.20
6.35
6.35
6.35
6.35
6.35
-
*
-
-
-
Retired
Total outstanding
end of month
3
3
45
5
5
2
19
21
61
61
17
17
88
88
44
44
16
11
13
46
46
32
32
45
9
9
12
12
12
36
62
21
46
28
30
18
33
23
14
16
24
28
6
38
73
110
43
29
15
8
19
3
45
5
23
_
_
_
37
350
300
45
45
137
137
49
49
33
27
14
14
84
38
21,476
Treasury Bulletin
54
PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Amount
Securities
1978-June - Continued
Certificates of indebtedness...... .
July
Certificates of indebtedness..... .
Notes................................
Aug.
Bills................................
Certificates of indebtedness........
Issue
date
5/17/78
5/22/78
6/02/78
Maturity
date
Interest
rate
(percent)
Issued
6.35
6.35
6.65
45
6/02/78
6/15/78
6/15/78
6/16/78
6/16/78
6/27/78
6/29/78
6/29/78
8/17/78
8/22/78
9/01/78
9/01/78
9/15/78
9/15/78
9/15/78
9/15/78
9/27/78
9/29/78
9/29/78
6.65
6.65
6.65
6.65
6.65
7.00
7.00
7.00
45
137
137
49
49
5
14
14
10/29/76
7/28/78
5.95
-
4/03/78
4/04/78
4/04/78
4/05/78
4/10/78
4/10/78
4/12/78
4/13/78
4/17/78
4/17/78
4/25/78
4/26/78
5/22/78
5/22/78
5/23/78
5/24/78
5/26/78
5/29/78
6/02/78
6/15/78
7/05/78
7/05/78
7/05/78
7/05/78
7/05/78
7/06/78
7/10/78
7/10/78
7/10/78
7/10/78
7/12/78
7/12/78
7/13/78
7/13/78
7/17/78
7/17/78
7/25/78
7/26/78
4/07/72
10/29/76
7/07/78
2/02/78
3/02/78
7/03/78
7/05/78
7/05/78
7/05/78
7/10/78
7/10/78
7/12/78
7/13/78
7/17/78
7/17/78
7/25/78
7/26/78
8/22/78
8/22/78
8/23/78
8/24/78
8/25/78
8/29/78
9/01/78
9/15/78
10/05/78
10/05/78
10/05/78
10/05/78
10/05/78
10/05/78
10/10/78
10/10/78
10/10/78
10/10/78
10/12/78
10/12/78
10/13/78
10/13/78
10/17/78
10/17/78
10/25/78
10/26/78
7/28/78
7/28/78
5/15/85
8/03/78
8/31/78
6.35
6.45
6.45
6.45
6.45
6.45
6.40
6.40
6.40
6.40
6.30
6.30
6.35
6.35
6.50
6.50
6.50
6.65
6.65
6.65
7.05
7.05
7.05
7.05
7.05
7.05
7.05
7.05
7.05
7.05
7.20
7.20
7.20
7.20
7.20
7.20
6.95
6.95
6.20
5.95
8.50
35
35
40
1
11
89
38
73
110
43
29
15
8
5/02/78
5/16/78
5/16/78
5/17/78
5/22/78
5/22/78
5/23/78
5/24/78
5/26/78
5/29/78
6/15/78
7/13/78
7/17/78
7/17/78
7/26/78
7/25/78
8/07/78
8/07/78
8/10/78
8/10/78
8/14/78
8/14/78
8/16/78
8/16/78
8/16/78
8/16/78
8/17/78
8/18/78
8/18/78
8/18/78
8/21/78
8/21/78
8/21/78
8/02/78
8/16/78
8/16/78
8/17/78
8/22/78
8/22/78
8/23/78
8/24/78
8/25/78
8/29/78
9/15/78
10/13/78
10/17/78
10/17/78
10/26/78
10/25/78
11/02/78
11/03/78
11/10/78
11/10/78
11/14/78
11/14/78
11/16/78
11/16/78
11/16/78
11/16/78
11/17/78
11/20/78
11/20/78
11/20/78
11/21/78
11/21/78
11/21/78
6.50
6.35
6.35
6.35
6.35
6.35
6.50
6.50
6.50
6.65
6.65
7.20
7.20
7.20
6.95
6.95
6.90
6.90
6.80
6.80
6.80
6.80
6.90
6.90
6.90
6.90
6.90
6.90
6.90
6.90
6.90
6.90
6.90
-
-
400
-
-
-
_
-<
-
-
2
3
39
39
41
41
15
45
45
" 19
17
21
21
6
9
32
32
Retired
Total outstanding
end of month
17
44
-
-
30
3
35
35
40
89
38
73
110
43
29
15
8
44
44
46
32
9
12
45
9
40
89
38
73
107
400
29
40
47
3
61
5
17
88
44
46
32
9
12
102
3
43
29
8
15
-
20,558
19,952
December 1979
55
____________ PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Amount
Issue
date
Securities
1978-Aug.- Continued
Certificates of indebtedness........
Notes...............................
Sept.
Bills................................
Certificates of indebtedness........
7
Notes................................
Oct.
Bills................................
Certificates of indebtedness........
Maturity
date
Interest
rate
(percent)
8/22/78
8/22/78
8/23/78
8/23/78
8/23/78
8/23/78
8/24/78
8/25/78
8/25/78
8/25/78
8/29/78
8/31/78
8/31/78
8/31/78
11/21/78
11/21/78
11/24/78
11/24/78
11/24/78
11/24/78
11/24/78
11/24/78
11/24/78
11/24/78
11/29/78
11/30/78
11/30/78
11/30/78
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.35
7.35
7.35
7.35
10/29/76
8/08/78
8/09/78
10/30/78
7/31/79
7/31/79
6.00
6.25
6.25
7/19/72
10/01/76
10/29/76
9/22/78
9/07/78
3/08/79
9/01/78
9/15/78
9/15/78
9/15/78
9/15/78
9/27/78
9/29/78
9/29/78
10/05/78
11/10/78
11/16/78
11/17/78
11/21/78
11/21/78
11/24/78
11/24/78
12/01/78
12/15/78
12/15/78
12/15/78
12/15/78
12/15/78
12/21/78
12/22/78
12/27/78
12/27/78
12/27/78
12/27/78
12/27/78
12/27/78
12/27/78
12/28/78
12/29/78
12/29/78
12/29/78
12/29/78
9/22/78
. 9/30/78
10/30/78
8/15/85
6.65
6.65
6.65
6.65
6.65
7.00
7.00
7.00
7.05
6.80
6.90
6.90
7.30
7.30
7.30
7.30
7.35
7.70
7.70
7.70
7.70
7.70
7.90
7.90
8.10
8.10
8.10
8.10
8.10
8.10
8.10
8.10 •
8.10
8.10
8.10
8.10
10/12/78
4/13/78
4/13/78
7/05/78
7/05/78
7/06/78
8/10/78
8/14/78
8/16/78
8/18/78
8/18/78
8/21/78
8/24/78
8/25/78
8/29/78
9/01/78
9/15/78
9/15/78
10/05/78
10/05/78
10/05/78
10/05/78
10/05/78
10/05/78
10/06/78
10/06/78
10/06/78
10/12/78
10/12/78
10/12/78
4/12/79
10/12/78
10/12/78
10/05/78
10/05/78
10/05/78
11/10/78
11/14/78
11/16/78
11/20/78
11/20/78
11/21/78
11/24/78
11/24/78
11/29/78
12/01/78
12/15/78
12/15/78
1/05/79
1/05/79
1/05/79
1/05/79
1/05/79
1/05/79
1/05/79
1/05/79
1/05/79
1/12/79
1/12/79
1/12/79
-
3/09/78
9/07/78
6/02/78
6/15/78
6/15/78
6/16/78
6/16/78
6/27/78
6/29/78
6/29/78
7/05/78
8/10/78
8/16/78
8/17/78
8/22/78
8/22/78
8/23/78
8/24/78
9/01/78
9/15/78
9/15/78
9/15/78
9/15/78
9/15/78
9/21/78
9/22/78
9/26/78
9/26/78
9/26/78
9/27/78
9/27/78
9/27/78
9/27/78
9/28/78
9/29/78
9/29/78
9/29/78
9/29/78
6.00
6.25
6.00
8.50
-
7.05
7.05
7.05
6.80
6.80
6.90
6.90
6.90
6.90
7.30
7.30
7.35
7.35
7.70
7.70
8.20
8.20
8.20
8.20
8.20
8.20
8.20
8.20
8.20
8.25
8.25
8.25
Issued
88
44
46
6
33
33
32
9
10
10
12
19
43
43
400
850
43
45
137
49
27
27
10
3
22
9
10
10
5
13
26
26
26
6
34
34
14
_
-
500
226
-
_
-
35
52
52
1
11
53
20
34
34
26
39
19
Retired
Total outstanding
end of month
-
-
37
-
21,415
43
45
26
137
49
49
5
14
14
35
19
15
17
88
44
46
4
-
-
500
400
30
40
216
35
1
11
19
41
45
5
16
1
28
9
12
45
137
*
-
■
20,912
56
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable to U.S. dollars; dollar amounts in millions)
Amount
Securities
1978-Oct.- Continued
Certificates of indebtedness........
Notes................................
Nov.
Bills................................
Certificates of indebtedness........
Issue
date
Maturity
date
Interest
rate
(percent)
10/13/78
10/13/78
10/13/78
10/18/78
10/18/78
10/18/78
10/19/78
10/19/78
10/23/78
10/27/78
10/27/78
10/30/78
10/30/78
10/31/78
10/31/78
4/07/72
10/29/76
5/16/77
10/02/78
10/05/78
10/06/78
10/06/78
10/06/78
10/10/78
1/12/79
1/12/79
1/12/79
1/18/79
1/18/79
1/18/79
1/19/79
1/19/79
1/23/79
1/26/79
1/26/79
1/30/79
1/30/79
1/31/79
1/31/79
10/06/78
10/30/78
1/31/79
9/30/80
9/30/79
9/30/79
8/15/85
10/31/79
11/30/79
8.25
8.25
8.25
8.20
8.20
8.20
8.20
8.20
8.20
7.90
7.90
7.90
7.90
8.45
8.45
6.20
6.00
5.875
8.625
6.625
6.625
8.55
7.25
7.125
5/11/78
11/09/78
8/07/78
8/07/78
8/10/78
8/14/78
8/16/78
8/16/78
8/18/78
8/18/78
8/21/78
8/21/78
8/23/78
8/23/78
8/23/78
8/23/78
8/25/78
8/25/78
8/31/78
8/31/78
8/31/78
9/15/78
9/27/78
9/29/78
10/05/78
10/05/78
10/05/78
10/05/78
10/05/78
11/01/78
11/01/78
11/01/78
11/02/78
11/02/78
11/03/78
11/03/78
11/03/78
11/03/78
11/03/78
11/06/78
11/06/78
11/06/78
11/06/78
11/08/78
11/08/78
11/10/78
11/10/78
11/10/78
11/10/78
11/10/78
11/10/78
11/13/78
11/13/78
11/13/78
11/14/78
11/14/78
11/14/78
11/14/78
11/15/78
11/15/78
11/15/78
11/16/78
11/16/78
11/16/78
11/20/78
11/20/78
11/09/78
5/10/79
11/02/78
11/03/78
11/10/78
11/14/78
11/16/78
11/16/78
11/20/78
11/20/78
11/21/78
11/21/78
11/24/78
11/24/78
11/24/78
11/24/78
11/24/78
11/24/78
11/30/78
11/30/78
11/30/78
12/15/78
12/27/78
12/29/78
1/05/79
1/05/79
1/05/79
1/05/79
1/05/79
2/01/79
2/01/79
2/01/79
2/02/79
2/02/79
2/02/79
2/02/79
2/02/79
2/02/79
2/02/79
2/06/79
2/06/79
2/06/79
2/06/79
2/08/79
2/08/79
2/09/79
2/09/79
2/09/79
2/09/79
2/09/79
2/09/79
2/13/79
2/13/79
2/13/79
2/14/79
2/14/79
2/14/79
2/14/79
2/15/79
2/15/79
2/15/79
2/16/79
2/16/79
2/16/79
2/20/79
2/20/79
6.90
6.90
6.80
6.80
6.90
6.90
6.90
6.90
6.90
6.90
7.30
7.30
7.30
7.30
7.30
7.30
7.35
7.35
7.35
7.70
8.10
8.10
8.20
8.20
8.20
8.20
8.20
8.45
8.45
8.45
8.45
8.45
8.45
8.45
8.45
8.45
8,45
8.45
8.45
8.45
8.45
9.05
9.05
9.05
9.05
9.05
9.05
9.05
9.05
9.05
9.05
9.05
8.60
8.60
8.60
8.60
8.60
8.60
8.60
8.60
8.60
8.60
8.60
8.60
Issued
Retired
27
14
10
54
27
25
11
6
6
243
120
157
77
75
37
400
475
25
450
500
300
_
_
288
_
-
_
-
5
104
51
2
-
3
289
142
128
-
72
50
287
141
27
13
75
39
504
70
40
-
30
37
213
3
10
41
153
12
31
195
45
19
-
6
21
Total outstanding
end of month
-
-
-
-
450
29
100
*
275
2
3
39
41
45
19
6
21
31
9
6
13
33
20
10
10
19
43
43
49
5
14
9
1
3
26
8
_
-
2
-
3
-
13
-
19
-
“
December 1979
57
____________ PUBLIC DEBT OPERATIONS_____________
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Mount
Securities
Issue
date
Maturity
date
Interest
rate
(percent)
Issued
1978-Nov.- Continued
Retired
1/29/76
10/29/76
2/20/79
2/21/79
2/21/79
2/21/79
2/23/79
2/23/79
2/23/79
2/23/79
2/23/79
2/23/79
2/23/79
2/23/79
2/23/79
2/23/79
2/23/79
2/23/79
2/23/79
2/28/79
3/01/79
3/01/79
3/01/79
11/15/78
1/29/79
8.60
8.70
8.70
8.70
8.70
8.70
8.70
8.70
8.70
8.70
8.70
8.70
8.70
8.70
8.70
8.70
8.70
9.20
9.20
9.20
9.20
6.00
6.05
9
32
62
122
19
33
20
10
10
20
17
20
6
25
20
43
43
-
6
9
6
1
50
19
9/15/78
9/15/78
9/15/78
9/15/78
9/15/78
9/21/78
9/22/78
9/26/78
9/26/78
9/26/78
9/27/78
9/27/78
9/27/78
9/27/78
9/28/78
9/28/78
9/29/78
9/29/78
9/29/78
12/15/78
12/15/78
12/15/78
12/15/78
12/15/78
12/21/78
12/22/78
12/27/78
12/27/78
12/27/78
12/27/78
12/27/78
12/27/78
12/27/78
12/28/78
12/28/78
12/29/78
12/29/78
12/29/78
7.70
7.70
7.70
7.70
7.70
7.90
7.90
8.10
8.10
8.10
8.10
8.10
8.10
8.10
8.10
8.10
8.10
8.10
8.10
3
8
*
27
27
3
22
9
10
10
10
3
26
26
20
6
6
34
34
10/05/78
10/05/78
10/05/78
10/05/78
10/06/78
10/06/78
11/06/78
11/10/78
11/14/78
11/14/78
11/16/78
11/24/78
11/24/78
11/30/78
11/30/78
11/30/78
1/05/79
1/05/79
1/05/79
1/05/79
1/05/79
1/05/79
2/06/79
2/09/79
2/14/79
2/14/79
2/16/79
2/23/79
2/23/79
3/01/79
3/01/79
3/01/79
3/01/79
3/01/79
3/06/79
3/06/79
3/07/79
3/07/79
3/07/79
3/12/79
3/12/79
3/13/79
3/13/79
3/15/79
3/15/79
3/15/79
3/15/79
3/19/79
3/19/79
3/19/79
3/21/79
3/22/79
3/27/79
3/27/79
3/27/79
3/27/79
3/27/79
3/27/79
3/28/79
3/28/79
3/30/79
3/30/79
3/29/79
3/29/79
8.20
8.20
8.20
8.20
8.20
8.20
8.45
9.05
8.60
8.60
8.60
8.70
8.70
9.20
9.20
9.20
9.20
9.20
9.00
9.00
9.00
9.00
9.00
8.95
8.95
8.95
8.95
8.95
8.95
8.95
8.95
8.95
8.95
9.25
9.25
9.25
9.35
9.35
9.35
9.35
9.35
9.35
9.35
9.35
9.35
9.35
9.35
9.35
-
11/20/78
11/21/78
11/21/78
11/21/78
11/24/78
11/24/78
11/24/78
11/24/78
11/24/78
11/24/78
11/24/78
11/24/78
11/24/78
11/24/78
11/24/78
11/24/78
11/24/78
11/29/78
11/30/78
11/30/78
11/30/78
Dec.
12/01/78
12/01/78
12/06/78
12/06/78
12/07/78
12/07/78
12/07/78
12/12/78
12/12/78
12/13/78
12/13/78
12/15/78
12/15/78
12/15/78
12/15/78
12/18/78
12/18/78
12/19/78
12/21/78
12/22/78
12/27/78
12/27/78
12/27/78
12/27/78
12/27/78
12/27/78
12/28/78
12/28/78
12/29/78
12/29/78
12/29/78
12/29/78
1
;
79
9
25
5
38
5
5
88
105
133
464
27
27
65
164
28
7
90
100
17
54
10
10
26
26
4
77
38
198
34
34
5
22
18
9
1
7
50
26
4
37
1
5
4
19
16
27
11
"
Total outstanding
end of month
25,967
Treasury Bulletin
58
____________PUBLIC DEBT OPERATION
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Amount
Securities
Issue
date
Maturity
date
Interest
rate
(percent)
Issued
Retired
Total outstanding
end of month
1978-Dec.- Continued
10/29/76
12/06/78
6.05
-
15
10/05/78
10/05/78
10/06/78
10/06/78
10/06/78
10/12/78
10/12/78
10/12/78
10/13/78
10/13/78
10/13/78
10/18/78
10/18/78
10/18/78
10/19/78
10/19/78
10/23/78
10/27/78
10/27/78
10/30/78
10/30/78
10/31/78
10/31/78
11/01/78
11/03/78
11/06/78
11/16/78
11/16/78
11/20/78
11/21/78
11/24/78
11/24/78
11/30/78
11/30/78
1/05/79
1/05/79
1/05/79
1/05/79
1/05/79
1/12/79
1/12/79
1/12/79
1/12/79
1/12/79
8.20
8.20
8.20
8.20
8.20
8.25
8.25
8.25
8.25
8.25
-
1/12/79
1/18/79
1/18/79
1/18/79
1/19/79
1/19/79
1/23/79
1/26/79
1/26/79
1/30/79
1/30/79
1/31/79
1/31/79
2/01/79
2/02/79
2/06/79
2/16/79
2/16/79
2/20/79
2/21/79
2/23/79
2/23/79
3/01/79
3/01/79
8.25
8.20
8.20
8.20
8.20
8.20
8.20
7.90
7.90
7.90
7.90
8.45
8.45
12/15/78
12/15/78
12/15/78
12/27/78
12/27/78
12/27/78
12/27/78
12/29/78
3/15/79
3/15/79
3/15/79
3/27/79
3/27/79
3/27/79
3/27/79
3/29/79
8.95
8.95
8.95
9.35
9.35
9.35
9.35
9.35
1/02/79
1/03/79
1/03/79
1/04/79
1/05/79
1/05/79
1/05/79
1/08/79
1/12/79
1/12/79
1/18/79
1/18/79
1/18/79
1/19/79
1/19/79
1/26/79
1/26/79
1/30/79
1/30/79
1/31/79
1/31/79
10/29/76
4/02/79
4/03/79
4/03/79
4/04/79
4/05/79
4/05/79
4/05/79.
4/09/79
4/12/79
4/12/79
4/18/79
4/18/79
4/18/79
4/19/79
4/19/79
4/26/79
4/26/79
4/30/79
4/30/79
4/30/79
4/30/79
9.40
9.40
9.40
9.40
9.40
9.40
9.40
9.40
9.35
9.35
9.45
9.45
9.45
9.45
9.45
9.30
9.30
9.35
9.35
9.35
9.35
_
90
34
12
21
89
89
10
67
33
55
54
27
11
6
235
116
149
74
71
35
52
52
12
34
34
26
39
19
27
14
1/29/79
6.05
-
11/01/78
11/01/78
11/03/78
11/03/78
11/06/78
11/06/78
11/06/78
11/08/78
11/08/78
11/10/78
11/10/78
11/10/78
11/10/78
11/13/78
11/13/78
11/13/78
11/14/78
11/14/78
11/14/78
11/15/78
11/15/78
11/15/78
11/24/78
11/24/78
11/24/78
11/24/78
2/01/79
2/01/79
2/02/79
2/02/79
2/06/79
2/06/79
2/06/79
2/08/79
2/08/79
2/09/79
2/09/79
2/09/79
2/09/79
2/13/79
2/13/79
2/13/79
2/14/79
2/14/79
2/14/79
2/15/79
2/15/79
2/15/79
2/23/79
2/23/79
2/23/79
2/23/79
8.45
8.45
8.45
8.45
8.45
8.45
8.45
9.05
9.05
9.05
9.05
9.05
9.05
9.05
9.05
9.05
8.60
8.60
8.60
8.60
8.60
8.60
8.70
8.70
8.70
8.70
-
27,398
1979-Jan.
Feb.
Certificates of indebtedness.........
8.45
8.45
8.45
8.60
8.60
8.60
8.70
8.70
8.70
9.20
9.20
-
-
-
-
10
25
54
27
11
6
6
243
120
157
77
75
38
5
128
22
10
33
21
32
33
10
24
19
15
2
27
10
26
10
24
34
86
-
18
104
51
289
142
50
287
141
27
13
75
504
70
40
30
37
213
3
10
153
12
31
195
17
20
19
122
26,928
December 1979
59
____________ PUBLIC DEBT OPERATIONS____________
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Amount
Securities
1979-Feb.- Continued
Certificates of indebtedness........
Notes.................... ...........
Mar.
Bills................................
Certificates of indebtedness........
Issue
date
Maturity
date
Interest
rate
(percent)
11/24/78
11/29/78
2/23/79
2/28/79
8.70
9.20
12/01/78
12/06/78
12/07/78
12/07/78
12/12/78
12/12/78
12/13/78
12/18/78
12/19/78
12/27/78
12/27/78
12/29/78
12/29/78
1/03/79
1/04/79
1/05/79
1/05/79
1/12/79
1/12/79
1/18/79
1/18/79
1/19/79
1/19/79
1/26/79
1/26/79
1/30/79
1/30/79
1/31/79
1/31/79
3/01/79
3/06/79
3/07/79
3/07/79
3/12/79
3/12/79
3/13/79
3/19/79
3/19/79
3/27/79
3/27/79
3/29/79
3/30/79
4/03/79
4/04/79
4/05/79
4/05/79
4/12/79
4/12/79
4/18/79
4/18/79
4/19/79
4/19/79
4/26/79
4/26/79
4/30/79
4/30/79
4/30/79
4/30/79
9.20
9.00
9.00
9.00
8.95
8.95
8.95
8.95
V.25
9.35
9.35
9.35
9.35
9.00
9.40
9.40
9.40
9.35
9.35
9.45
9.45
9.45
9.45
9.30
9.30
9.35
9.35
9.35
9.35
2/01/79
2/01/79
2/01/79
2/01/79
2/02/79
2/02/79
2/02/79
2/02/79
2/02/79
2/02/79
2/06/79
2/06/79
2/06/79
2/07/79
2/07/79
2/07/79
2/08/79
2/08/79
2/08/79
2/08/79
2/08/79
2/09/79
2/09/79
2/09/79
2/09/79
2/09/79
2/13/79
2/14/79
2/15/79
2/23/79
2/28/79
4/07/72
2/07/79
1/29/79
5/02/79
5/02/79
5/02/79
5/02/79
5/02/79
5/02/79
5/02/79
5/02/79
5/02/79
5/02/79
5/07/79
5/07/79
5/07/79
5/07/79
5/07/79
5/07/79
5/08/79
5/08/79
5/08/79
5/08/79
5/08/79
5/09/79
5/09/79
5/09/79
5/09/79
5/09/79
5/14/79
5/14/79
5/15/79
5/23/79
5/31/79
2/07/79
2/14/86
4/30/79
9.35
9.35
9.35
9.35
9.35
9.35
9.35
9.35
9.35
9.35
9.20
9.20
9.20
9.20
9.20
9.20
9.20
9.20
9.20
9.20
9.20
9.20
9.20
9.20
9.20
9.20
9.25
9.25
9.25
9.30
9.45
6.25
9.05
6.15
9/07/78
12/01/78
12/06/78
12/07/78
12/12/78
12/13/78
12/15/78
12/18/78
12/21/78
12/22/78
12/27/78
12/28/78
12/28/78
12/29/78
3/08/79
3/01/79
3/06/79
3/07/79
3/12/79
3/13/79
3/15/79
3/19/79
3/21/79
3/22/79
3/27/79
3/28/79
3/28/79
3/30/79
9.20
9.00
9.00
8.95
8.95
8.95
8.95
9.25
9.25
9.35
9.35
9.35
9.35
2/02/79
2/06/79
2/06/79
2/08/79
2/08/79
2/09/79
2/09/79
3/01/79
3/06/79
3/07/79
5/02/79
5/07/79
5/07/79
5/08/79
5/08/79
5/09/79
5/09/79
6/01/79
6/06/79
6/07/79
9.35
9.20
9.20
9.20
9.20
9.20
9.20
9.45
9.40
9.40
Issued
-
-
_
96
47
287
141
284
140
57
11
6
13
27
16
514
71
72
23
218
157
198
210
26
_
400
-
Retired
62
25
9
5
5
5
35
53
133
28
7
2
17
34
38
12
21
89
3
33
67
27
54
6
11
116
235
149
74
71
35
47
96
143
130
54
12
15
11
6
23
400
15
-
43
_
79
25
38
105
464
65
164
90
100
54
77
4
198
-
-
-
-
82
26
39
Total outstanding
end of month
90
194
215
13
27
71
112
-
"
24,877
Treasury Bulletin
60
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Amount
1979-Mar.- Continued
Certificates of indebtedness.
Noted.
Apr.
Bills.
Certificates of indebtedness.
Issue
date
Maturity
date
3/12/79
3/13/79
3/15/79
3/19/79
3/21/79
3/22/79
3/27/79
3/28/79
3/30/79
4/07/72
10/29/76
10/29/76
10/29/76
3/07/79
6/12/79
6/13/79
6/15/79
6/19/79
6/21/79
6/22/79
6/27/79
6/29/79
6/29/79
3/07/79
4/30/79
7/30/79
10/29/79
3/31/86
9.40
9.50
9.50
9.50
9.50
9.50
9.50
9.50
9.50
6.25
6.15
6.20
6.25
9.15
108
476
67
168
89
99
54
81
194
“
400
10/12/78
4/12/79
4/12/79
10/11/79
1/02/79
1/03/79
1/08/79
1/18/79
2/09/79
2/13/79
2/14/79
2/15/79
2/23/79
2/28/79
3/01/79
3/06/79
3/07/79
3/12/79
3/13/79
3/15/79
3/19/79
3/21/79
3/22/79
3/27/79
3/28/79
3/30/79
4/02/79
4/03/79
4/09/79
4/18/79
_
9.40
9.40
9.40
9.45
6/01/79
6/06/79
6/07/79
6/12/79
6/13/79
6/15/79
6/19/79
6/21/79
6/22/79
6/27/79
6/28/79
6/29/79
9.20
9.25
9.25
9.25
9.30
9.45
9.45
9.40
9.40
9.40
9.50
9.50
9.50
9.50
9.50
9.50
9.50
9.50
4/02/79
4/02/79
4/03/79
4/09/79
4/18/79
7/02/79
7/02/79
7/03/79
7/09/79
7/18/79
9.50
9.50
9.50
9.60
9.65
4/07/72
6/30/77
4/06/79
4/30/79
10/29/76
4/06/79
4/30/79
4/30/86
1/31/81
10/29/79
6.25
5.875
9.10
9.75
6.25
_
237
88
33
10
53
450
50
-
11/09/78
5/10/79
2/07/79
2/08/79
2/09/79
4/02/79
4/03/79
4/09/79
4/18/79
7/19/72
8/01/77
5/15/79
5/31/79
5/10/79
11/08/79
5/07/79
5/08/79
5/09/79
7/02/79
7/03/79
7/09/79
7/18/79
9.20
9.20
9.20
9.50
9.50
9.60
9.65
5/15/79
5/31/79
5/15/86
2/28/81
6.05
6.125
9.30
9.75
6/27/79
6/28/79
9/18/79
9/27/79
6/22/79
6/25/79
6/26/79
6/27/79
6/29/79
6/28/79
6/29/79
9/21/79
9/25/79
9/26/79
9/27/79
9/28/79
9/28/79
9/28/79
8.90
8.90
8.80
8.30
8.80
8.80
8.80
341
251
206
260
36
39
230
21
36
6/01/79
5/31/80
8.00
230
-
400
450
51
100
15
12
54
170
32
176
192
36
_
115
36
-
5/09/79
5/14/79
5/14/79
5/15/79
5/23/79
5/31/79
May
Bills.
Certificates of indebtedness.
June
Bills.
Certificates of indebtedness.
July
Bills.
Certificates of indebtedness.
7/31/79
7/31/79
6/22/79
6/29/79
7/03/79
7/10/79
7/11/79
7/16/79
7/17/79
7/18/79
7/18/79
7/19/79
7/20/79
7/23/79
4/29/80
6/24/80
9/21/79
9/28/79
10/03/79
10/10/79
10/11/79
10/16/79
10/17/79
10/18/79
10/18/79
10/19/79
10/22/79
10/23/79
Interest
rate
(percent)
_
_
_
8.90
8.80
9.00
9.30
9.30
9.30
9.35
9.35
9.35
9.35
9.35
9.35
Issued
_
303
500
50
Retired
Total outstanding
end of month
400
4o
47
226
90
34
10
55
402
218
157
198
210
26
82
26
39
108
476
67
168
89
99
54
81
193
56
450
50
1
288
57
16
72
32
33
10
53
500
50
-
21,266
21,008
_
22,657
61
December 1979
____________ PUBLIC DEBT OPERATION S____________
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Amount
Securities
1979-July- Continued
Certificates of indebtedness........
Aug.
Certificates of indebtedness........
Notes................................
Sept.
Bills................................
Certificates of indebtedness........
Oct.
Bills.................................
Issue
date
Maturity
date
Interest
rate
(percent)
Issued
7/24/79
7/25/79
7/26/79
7/30/79
7/19/72
12/12/77
8/08/78
8/09/78
7/16/79
7/31/79
10/24/79
10/25/79
10/26/79
10/30/79
9.50
9.50
9.50
9.50
7/16/79
7/31/79
7/31/79
7/31/79
7/31/86
4/30/80
6.10
6.25
6.25
6.25
9.35
7.75
6/22/79
6/25/79
7/18/79
8/14/79
9/06/77
12/12/77
9/21/79
9/25/79
10/18/79
11/14/79
8.90
8.90
9.35
9.50
8/15/79
8/31/79
6.875
6.625
6/27/79
6/28/79
6/25/79
6/26/79
6/27/79
6/28/79
6/29/79
9/18/79
9/27/79
9/25/79
9/26/79
9/27/79
9/28/79
9/28/79
8.90
8.80
8.80
8.80
8.80
9/07/79
9/10/79
9/11/79
9/12/79
9/14/79
9/17/79
9/20/79
9/21/79
9/21/79
9/21/79
9/24/79
9/24/79
9/24/79
12/07/79
12/10/79
12/11/79
12/12/79
12/14/79
12/17/79
12/20/79
12/21/79
12/21/79
12/21/79
12/27/79
12/27/79
12/27/79
9.85
9.85
10.55
10.55
10.55
10.55
10.35
10.35
10.35
10.35
10.35
10.35
10.35
9/24/79
9/25/79
9/25/79
9/25/79
9/25/79
9/25/79
9/25/79
9/26/79
9/27/79
9/28/79
9/28/79
10/05/78
10/06/78
12/12/77
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/28/79
12/28/79
10.35
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
4/12/79
10/25/79
10/25/79
10/31/79
7/03/79
7/10/79
7/11/79
7/16/79
7/17/79
7/18/79
7/19/79
7/20/79
7/23/79
7/24/79
7/25/79
7/26/79
7/30/79
9/24/79
9/25/79
9/25/79
9/25/79
9/25/79
9/25/79
9/25/79
9/26/79
9/26/79
9/27/79
9/27/79
9/28/79
10/11/79
3/03/80
4/01/80
6/19/80
10/03/79
10/10/79
10/11/79
10/16/79
10/17/79
10/18/79
10/19/79
10/22/79
10/23/79
10/24/79
10/25/79
10/26/79
10/30/79
9.00
9.30
9.30
9.30
9.35
9.35
9.35
9.35
9.35
9.50
9.50
9.50
9.50
-
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/7c
12/27/79
12/27/79
12/27/79
12/28/79
10.35
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
-
10/01/79
10/01/79
10/01/79
10/03/79
10/03/79
1/03/80
1/02/80
1/03/80
1/03/80
1/03/80
10.00
10.00
10*00
10.35
10.35
3
89
9/30/79
9/30/79
9/30/79
6.625
6.625
6.625
-
147
156
168
99
_
-
500
400
.
-
82
_
-
101
204
117
22
114
124
165
125
285
14
160
160
_
203
18
53
53
-
37
40
262
219
_
-
245
258
250
-
-
54
108
Retired
Total outstanding
end of month
-
500
50
400
850
-
-
23,865
91
36
32
-
200
50
341
251
224
36
39
21
230
125
160
21
53
475
25
50
237
-
"
51
100
15
12
54
170
176
192
36
147
156
168
99
14
31
7
14
28
18
102
10
27
1
39
54
*
“
23,538
23,965
62
T r e a s u r y B u lle t in
____________ 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; dollar amounts in millions)
Amount
Securities
1979-Oct.-Continued
Certificates of indebtedness.........
Issue
date
Maturity
date
Interest
rate
(percent)
10/03/79
10/10/79
10/11/79
10/16/79
10/17/79
10/18/79
10/19/79
10/22/79
10/23/79
10/24/79
10/25/79
10/26/79
10/30/79
1/03/80
1/10/80
1/11/80
1/16/80
1/17/80
1/18/80
1/21/80
1/22/80
1/23/80
1/24/80
1/25/80
1/28/80
1/30/80
10.35
10.80
10.80
11.85
11.85
11.85
11.85
11.85
12.95
12.95
12.95
12.95
12.25
Notes.................................
10/06/78
10/31/79
7.25
Nov.
Bills.................................
5/10/79
11/19/79
11/29/79
11/29/79
11/29/79
11/30/79
8/14/79
9/28/79
9/28/79
9/28/79
9/28/79
10/01/79
10/03/79
11/14/79
11/08/79
5/01/80
6/02/80
7/01/80
8/01/80
9/02/80
11/14/79
12/28/79
12/28/79
12/28/79
12/28/79
1/03/80
1/03/80
2/14/80
3/25/77
o/30/77
1/31/78
10/10/78
11/15/79
11/15/79
11/30/79
11/30/79
Notes........... .....................
Source:
Bureau of the Public Debt#
Issued
9
104
15
13
55
172
177
194
36
148
156
168
99
-
_
.
_
.
_
9.50
10.00
10.00
10.00
10.00
10.00
10.35
12;05
7.00
6.25
7.125
7.125
Retired
230
266
268
161
255
_
_
_
_
_
_
Total outstanding
end of month
-
-
_
500
23,860
303
_
_
_
82
37
26
56
51
3
9
83
„
_
_
-
260
50
50
300
23,895
December 1979
63
.PUBLIC DEBT OPERATIONS.
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Dollar amounts in millions)
Securities
Payable
in —
Issue
date
Maturity
date
Amount
(Dollar equivalent)
Interest
rate
(percent)
Issued
Retired
Total outstanding
end of month
1978-Jan.
28
30
-
1,128
2
36
4
1,087
144
31
-
1,035
17
7
50
-
995
5.25
-
52
943
85
31
-
901
Swiss francs
Swiss francs
Swiss francs
7/07/76
8/06/76
1/06/79
1/06/78
2/06/78
7/06/79
6.70
6.50
7.05
Swiss francs
Swiss francs
Swiss francs
8/06/76
8/20/76
9/10/76
2/06/78
2/20/78
3/10/78
6.50
6.35
6.20
Swiss francs
Swiss francs
Swiss francs
9/10/76
10/08/76
3/10/78
3/10/78
4/07/78
9/10/79
6.20
5.95
7.40
124
Swiss francs
Swiss francs
Swiss francs
10/08/76
10/29/76
4/28/78
4/07/78
4/28/78
10/29/79
5.95
5.80
7.70
Swiss francs
12/10/76
6/09/78
-
17
Feb.
Mar.
Notes................. .
-
-
Apr.
-
May
June
Swiss francs
Swiss francs
Swiss francs
12/10/76
3/08/77
6/09/78
6/09/78
9/08/78
10/29/79
5.25
5.90
7.95
75
Swiss francs
Swiss francs
3/08/77
4/18/77
9/08/78
10/18/78
5.90
5.60
-
19
22
861
Swiss francs
4/18/77
10/18/78
5.60
-
52
809
Swiss francs
4/18/77
10/18/78
5.60
-
41
768
Swiss francs
Swiss francs
10/18/78
10/18/78
Swiss francs
Swiss francs
Swiss francs
4/18/77
5/26/77
10/18/78
7/06/79
9/10/79
10/18/78
11/27/78
10/29/79
9.00
9.00
5.60
6.10
8.95
7
2
5
45
9
-
727
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
francs
francs
11/27/78
11/27/78
11/27/78
11/27/78
5/26/77
8/19/77
2/20/79
3/01/79
4/20/79
7/06/79
11/27/78
2/20/79
9.00
9.00
9.30
9.70
6.10
6.60
145
3
17
130
-
350
14
657
Swiss francs
11/27/78
8/19/77
2/20/79
2/20/79
9.00
6.60
-
48
Swiss francs
8
600
Swiss francs
11/27/78
2/20/79
9.00
-
69
531
Swiss francs
Swiss francs
Swiss francs
11/27/78
11/27/78
9/01/77
2/27/79
3/01/79
3/01/79
9.00
9.00
6.40
-
28
3
25
475
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
10/18/78
10/18/78
11/27/78
11/28/78
10/20/77
1/06/78
3/10/78
4/28/78
6/09/78
10/18/78
7/06/79
9/10/79
7/06/79
2/20/79
4/20/79
7/06/79
9/10/79
10/29/79
10/29/79
10/29/79
9.00
9.00
9.70
9.30
7.15
7.05
7.40
7.70
7.95
8.95
-
7
2
130
17
82
17
124
17
75
2
3
Swiss francs
10/18/78
10/29/79
8.95
“
July
Aug.
Sept.
Notes....... .............
Oct.
Certificates..... ........
Nov.
Dec.
Certificates.............
1979-Jan.
Certificates..............
Feb.
Mar.
Notes......... ...........
Apr.
Notes..... ...............
-
-
-
3
Treasury Bulletin
64
PUBLIC DEBT OPERATIONS.
Table PDO-IO. - Foreign Currency Series Securities
Issued to Residents of Foreign Countries
(Dollar amounts in millions)
Amount
(Dollar equivalent)
Month of
activity
1978-Dec.........
Securities
Notes
Payable
in —
f Deutsche marks
\ Deutsche marks
f Swiss francs
Issue
date
Maturity
date
12/15/78
12/15/78
12/15/81
12/14/82
5.95
6.20
931
664
1/26/79
1/26/79
7/26/81
1/26/83
2.35
2.65
744
459
Interest
rate
(percent)
Issued
1979-Jan.........
Notes
\ Swiss francs
Ma r .........
Notes
( Deutsche marks
\ Deutsche marks
3/1/79
3/1/79
9/1/81
9/1/82
6.30
6.70
680
671
/Deutsche marks
iDeutsche marks
11/12/79
11/12/79
5/12/82
5/12/83
8.55
8.50
451
668
Notes
Retired
-J
-J
-J
\
J
-
-
)
Total
outstanding
end of month
1,595
O f 7QQ
L
/70
4,150
5,269
December 1979
65
-UNITED STATES SAVINGS BONDS.
Series E and Series H are
rently
and
sold.
Series E has been
Series H has
A - D were
been on
only savings bonds cur
April 30, 1957.
on sale since May 1, 1941,
sale since June 1, 1952.
sold from March 1, 1935
Series F and G were
1952.
the
interest yields, maturities,
were sold
and other terms
appear in the
Series
Treasury Bulletins of April 1951, May 1952, May 1957, October
through April 30, 1941.
and December 1959, May and October 1961, June 1968, and Sep
sold from May 1, 1941 through April 30,
Series J and K
Details of the principal changes in issues,
from May 1, 1952
tember 1970;
through
and the
Aanual Report of the Secretary of the
Treasury for fiscal years 1966 through 1977.
Table SB-1. - Sales and Redemptions by Series, Cumulative through November 30, 1979
(In millions of dollars)
Amount outstanding
Sales 1/
Series
Series
Series
Series
Series
0
A-D 2/.......................
E and H ......................
F and G ......................
J and K ......................
3,949
212,678
28,396
3,556
Total A -K ...........................
248,578
Accrued
discount
Sales plus
accrued
discount
Redemptions 1/
1,054
60,675
1,125
198
5,003
273,353
29,521
3,754
5,001
193,685
29,512
3,751
63,052
311,630
231,950
,
Interestbearing debt
Matured
non-interestbearing debt
3
79,669
_
-
8
2
79,669
13
_
Footnotes at end of Table SB-4.
Table SB-2. - Sales and Redemptions by Periods, All Series Combined
Redemptions 1/
Period
Sales 1/
Accrued
discount
Sales olus
accrued
discount
Sales
price 3/
Total
Fiscal vears:
1935-70...........
1971..............
1972..............
1973..............
1974..............
1975..............
1976'..............
T. Q...............
1977..............
1978..............
1979..............
Calendar years:
1935-68...........
1969..............
1970..............
1971..............
1972..............
1973..............
1974..............
1975..............
1976..............
1977..............
1978..............
Month:
1979-Jan.....
Feb..........
M a r ..........
A p r ..........
M a y ..........
A u g ..........
184,355
5,082
5,940
6,514
6,429
6,826
7,293
1,833
7,895
8,026
7,295
32,788
2,056
2,130
2,564
2,749
3,252
3,496
902
3,827
4,104
4,318
217,204
7,138
8,249
9,078
9,178
10,078
10,790
'2,735
11,722
12,131
11,613
165,868
5,425
5,338
5,586
6,681
6,519
177,594
4,393
4,665
5,477
6,236
6,270
6,862
7,038
7,555
7,954
7,959
30,044
1,832
1,909
2,192
2,426
2,673
2,994
3,368
3,597
3,910
4,180
614
576
Amount outstanding
Accrued
discount
Interestbearing debt
Matured
non-interestbearing debt
1,717
7,064
7,747
10,975
147,756
4,342
4,306
4,494
5,366
5,173
5,133
1,346
. 5,495
5,971
8,148
18,112
1,083
1,032
1,092
1,314
1,346
1,409
371
1,567
1,776
2,827
51,281
53,003
55,921
59,418
61,921
65,482
69,733
70,752
75,411
79,798
80,440
55
46
39
34
29
27
23
22
21
16
13
207,699
6,224
6,574
7,669
8,662
8,943
9,856
10,406
11,152
11,863
11,898
155,671
6,639
6,295
5,244
5,365
6,211
6,829
6,292
6,771
7,110
8,195
139,407
5,457
5,072
4,224
4,322
4,945
5,476
4,959
5,288
5,520
6,312
16,264
1,182
1,223
1,021
1,043
1,266
1,354
1,332
1,483
1,590
1,883
51,917
51,549
51,842
54,275
57,579
60,317
63,349
67,464
71,853
76,602
80,546
112
64
50
42
37
31
26
25
17
21
18
345
373
959
950
720
737
556
570
164
166
80,331
80,546
16
18
677
616
623
671
618
560
401
366
356
368
350
350
1,078
982
980
1,039
968
910
1,210
936
1,025
1,030
964
879
928
616
750
748
702
642
281
251
276
283
263
237
80,414
80,459
80,417
80,426
80,430
80,460
18
18
14
14
14
13
600
625
493
578
453
372
339
341
352
333
972
964
831
930
786
908
985
897
1,192
1,295
661
719
656
873
949
247
265
241
319
346
80,524
80,503
80,440
80,178
79,669
13
13
13
13
13
Footnotes at end of Table SB-4.
66
Treasury Bulletin
_______________________________________ UNITED STATES SAVINGS BONDS_______________________________________
Table SB-3. - Sales and Redemptions by Periods, Series E through K
(In millions of dollars)
Redemptions 1/
Period
Sales 1/
Accrued
discount
o a l Cp q
o
Amount outstanding
n
p ll iUi Qo
accrued
discount
Sales
price 3J
Total
Accrued
discount 3/
Interes t-bearing
debt
Matured
non-interestbearing debt
-
E and H
Fiscal years:
1941-70.......................
1971..........................
1972.... .....................
1973..........................
1974..........................
1975..........................
1976..........................
T.Q...........................
.....................
1977'..
1978..........................
1979..........................
148,455
5,082
5,939
6,514
6,429
6,826
7,293
1,833
7,895
8,026
7,295
30,411
2,056
2,310
2,564
2,749
3,252
3,496
902
3,827
4,104
4,318
178,927
7,138
8,249
9,078
9,178
10,078
10,790
2,735
11,722
12,131
11,613
127', 646
5,416
5,331
5,581
6,675
6,517
6,539
1,715
7,063
7,743
10,972
Calendar years:
1941-68.......................
1969......................... .
1*970..........................
1971..........................
1972..........................
1973..........................
1974..........................
1975..;.......................
1976..........................
1977..........................
1978....,.................... ;
141,755
4,393
4,665
5,477
6,236
6,270
6,862
7,038
7,555
7,954
7,959
27,667
1,832
1,909
2,192
2,426
2,673
2,994
3,368
3,597
3,910
4,180
169,422
6,244
6,574
7,669
8,662
8,943
9,856
10,406
11,152
11,853
12,139
614
576
345
373
677
616
623
671
618
560
600
625
493
578
453
111,791
4,334
4,294
4,490
5,361
5,172
5,130
1,345
5,495
5,968
8,143
15,854
1,082
1,037
1,091
1,314
1,345
1,409
371
1,567
1,775
2,828
51,281
53,003
55,921
59,418
61,921
65,482
69,733
70,752
75,411
79,798
80,440
117,532
6,565
6,281
5,237
5,359
6,206
6,284
6,290
6,762
7,114
8,195
103,538
5,391
5,060
4,217
4,311
4,972
5,471
4,959
5,281
5,524
6,312
13,994
1,173
1,221
1,020
1,049
1,234
1,353
1,331
1,481
1,591
1,883
51,890
51,549
51,842
54,275
57,579
60,317
63,349
67,464
71,853
76,602
80,546
-
959
950
720
735
556
568
164
166
80,331
80,546
-
401
366
356
368
350
350
1,078
982
980
1,039
968
910
1,210
936
1,022
1,030
964
879
928>
616
745
748
702
642
281
251
278
283
263
237
80,414
80,459
80,417
80,426
80,430
80,460
372
339
341
352
333
972
908
985
897
1,192
1,295
661
719
656
873
949
247
265
241
319
346
80,524
80,503
80,440
80,178
79,669
,
-
-
-
Months:
Dec......................
1979-Jan......................
Feb......................
M a r ..................................................................
A p r ........................................................
June.....................
A u g ..................................................................
Oct... ........................................................
964
834
930
786
-
_
_
-
_
-
Series F,G,J, and K, combined 4/
Fiscal years:
1941-70.......................
1971..........................
1972.:........................
1973..........................
1974..........................
1975..........................
1976..........................
T.Q...........................
1977..........................
1978..........................
1979..........................
31,951
_
-
1,323
_
_
.
_
-
' 33,274
_
_
_
.
.
_
_
_
-
Calendar years:
1941-68.......................
1969..........................
1970..........................
1971..........................
1972..........................
1973..........................
1974..........................
1975..........................
1976..........................
1977...................
1978..........................
31,951
_
_
.
_
_
-
1,323
*
33,274
*
_
_
-
M a y .......................
June....................
-
_
-
July......................
-
-
-
-
Months:
1978-Nov.......................
1979-Jan.......................
Feb.......................
M a r .......................
Sept......................
Footnotes at end of Table SB-4.
-
_
_
_
-
_
_
-
33,226
8
6
5 ,
5
1
4
1
1
4
3
31,911
7
5
4
4
1
3
1
1
3
3
1,315
1
1
1
1
*
*
*
*
1
*
-
49
41
34
30
25
24
20
19
18
13
10
33,143
74
13
7
5
5
5
1
8
-4
3
31,837
65
11
6
5
4
4
*
6
-3
2
1,305
9
2
1
1
1
1
*
2
-1
1
27
_
_
_
_
_
-
104
58
44
37
32
27
22
21
13
18
15
-2
_
3
-
-2
_
_
5
-
*
_
.
-
13
16
_
_
-
-
-
-
-
-
-
-
-
-
-
-
_
-2
-
_
-
16
16
14
11
11
10
10
10
10
10
10
67
December 1979
.UNITED STATES SAVINGS BONDS.
Table SB-3. - Sales and Redemptions by Periods, Series E through K—Continued
(In millions of dollars)
Redemptions 1/
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price 3/
Accrued
discount 2[/
Exchange of
E bonds for
H bonds
Amount
outstanding
(interestbearing debt)
Fiscal vears:
1941-70.....
197 1
197 2
197 3
197 4
197 5
197 6
T . Q ..........
197 7
197 8
197 9
137,805
4,870
5,650
6,190
6,145
6.503
6,975
1,761
7,576
7,774
7,061
30,411
2,056
2,310
2,564
2,749
3,252
3,496
902
3,827
4,104
4,318
168,216
6,926
7,960
8.755
8,894
9.755
10,471
2,663
11,403
11,879
11,379
121,838
4,959
4,972
5,209
6,156
6,063
6,114
1,611
6,638
7,244
10,151
105,984
3,877
3,932
4,118
4,842
4,717
4,705
1,241
5,070
5,469
7,323
15,854
1,082
1,037
1,090
1,314
1,346
1,409
371
1,567
1,775
2,828
2,211
231
292
338
310
310
326
80
313
325
345
44,167
45,902
48,598
51,806
54.234
57,617
61,648
62,621
67,073
71,383
72.266
Calendar vears:
1941-68.....
196 9
197 0
197 1
197 2
197 3
197 4
197 5
197 6
197 7
197 8
131,302
4,221
4.503
5,218
5,922
5,988
6,524
6,729
7,245
7,638
7,718
27,667
1,832
1.909
2,192
2,426
2,673
2,994
3,368
3,597
3.910
4,180
158,970
6,052
6,412
7,411
8,348
8,661
9,518
10,097
10,841
11,548
11,898
112,840
5,835
5,626
4,871
5,007
5,740
6,318
5,886
6,336
6,686
7,645
98,845
4,661
4,405
3,851
3,958
4,507
4,965
4,555
4,855
5,095
5,762
13,994
1,173
1,221
1,020
1,049
1,234
1,331
1,481
1,591
1,883
1,908
180
228
249
329
319
310
326
327
303
333
44,222
44,259
44,818
47,108
50,120
52,723
55,613
59,498
63,676
68.235
72.154
600
556
345
373
945
929
669
679
505
512
164
166
25
24
71,927
72.154
1979-Ja n
F e b ....
M a r ....
A p r ....
M a y ....
June....
659
598
598
658
607
548
401
366
356
368
350
350
1,060
964
954
1,026
957
908
1,125
866
939
958
891
805
844
615
662
676
628
567
281
251
277
283
263
237
32
28
38
31
35
29
72,057
72,127
72,105
72,142
72,173
72,238
July....
A u g ....
Sept....
Oc t ....
N o v ....
372
574
490
557
456
372
339
341
352
333
943
913
831
908
789
836
915
831
1,100
1,193
589
650
590
781
847
247
265
241
319
346
22
20
35
24
40
72,323
72,302
72.266
72,051
71,608
Months:
1978-No v
D e c ....
1,353
Series H
Fiscal years:
1952-70.....................
1971........................
1972........................
1973........................
1974........................
1975........................
1976........................
T . Q .........................
1977........................
1978........................
1979........................
10,711
212
289
322
284
324
318
72
319
251
234
-
10,711
212
289
322
284
324
318
72
319
251
234
5,808
457
359
372
519
455
425
104
425
498
820
5,808
457
359
372
519
455
425
104
425
498
820
-
2,211
231
292
338
310
310
326
80
313
325
345
7,114
7,101
7,323
7,612
7,686
7,865
8,084
8,131
8,338
8,415
8,174
Calendar vears:
1952-68.....................
1969........................
1970........................
1971... ....................
1972........................
1973........................
1974........................
1975........................
1976........................
1977........................
1978........................
10,452
172
162
259
314
282
338
309
310
316
240
-
10,452
172
162
259
314
282
338
309
310
316
240
4,692
730
655
366
353
465
506
404
427
428
550
4,692
730
655
366
353
465
506
404
427
428
550
-
1,908
180
228
249
329
319
310
326
327
303
333
7,668
7,290
7,025
7,167
7,458
7,594
7,736
7,966
8,177
8,368
8,392
Months:
1978-Nov....................
D e c ....................
14
20
14
20
50
56
50
56
8,403
8,392
18
18
26
13
11
12
18
18
26
13
11
12
85
71
83
72
74
74
85
71
83
72
74
74
_
-
25
24
1979-Jan....................
F eb....................
M a r ....................
A p r ............. ......
May.......... .
June..................
-
32
28
38
31
35
29
8,357
8,332
8,312
8,284
8,256
8,222
July...................
28
51
3
21
-3
28
51
3
21
-3
72
70
66
93
102
72
70
66
93
102
22
20
35
24
40
8,201
8,201
8,174
8,126
8,061
N o v ....................
Footnotes at end of Table SB-4.
-
-
-
-
-
"
Treasury Bulletin
_______________ UNITED STATES SAVINGS BONDS________________________________________
Table SB-4. - Redemptions of Matured and Unmatured Savings Bonds
(In millions of dollars)
Matured
Period
Total
Total
Unmatured
Unclassified
10/
Series E
and H
Other
Total
48,043
3,284
3,300
3,351
3,401
3,566
3,842
3,660
3,317
- 3,393
3,847
3,776
3,772
891
3,487
4,690
4,927
38,949
3,165
3,196
3,273
3,376
3,560
3,842
3,660
3,317
3,393
3,847
3,776
3,772
891
3,487
4,590
4,927
9,094
118
104
79
25
6
-
-
-391
-121
172
99
33
213
115
-725
-23
67
104
198
-197
44,054
3,031
3,157
3,287
3,384
3,413
3,455
3,726
3,885
3,305
3,337
3,578
3,789
3,955
3,487
4,553
5,071
33,923
2,905
3,026
3,176
3,277
3,370
3,441
3,724
3,885
3,305
3,337
3,578
3,789
3,955
3,487
4,553
5,071
10,131
125
131
111
107
44
13
2
*
-5
-52
-76
6
144
-7
26
228
-431
-83
-24
123
417
-145
-
542
329
542
329
_
-
_
-
375
384
806
470
463
446
375
384
806
470
463
446
-
543
117
-746
-46
-47
-71
416
317
587
n.a.
n.a.
416
317
587
n.a.
n.a.
-
Fiscal years:
1951-64........................
1965...........................
1966...........................
1967...........................
1968...........................
1969...........................
1970...........................
1971...........................
1972...........................
1973...........................
1974...........................
1975...........................
1976...........................
T.Q............................
1977...........................
1978...........................
1979...........................
87,140
5,346
5,724
5,922
5,982
6,339
6,748
5,425
5,338
5,586
6,681
6,517
6,543
1,689
7,064
7,747
10,975
39,488
2,184
2,253
2,471
2,548
2,560
2,792
2,490
2,043
2,126
2,729
2,544
2,820
797
3,578
3,157
5,654
22,025
1,938
1,973
2,059
2,289
2,417
2,762
2,481
2,036
2,121
2,724
2,545
2,816
794
-577
3,153
5,651
17,463
246
280
412
260
143
29
9
7
5
5
-1
4
3
1
4
3
Calendar years:
1951-68........................
1963...........................
1964...........................
1965...........................
1966...........................
1967...........................
1968...........................
1969...........................
1970...........................
1971...........................
1972...........................
1973...........................
1974...........................
1975...........................
1976...........................
1977...........................
1978...........................
82,001
5,021
5,252
5,441
6,000
5,793
6,133
6,639
6,295
5,244
5,365
6,210
6,833
6,291
6,771
7,110
8,200
37,947
2,043
2,171
2,148
2,472
2,386
2,652
2,686
2,841
2,022
2,053
2,508
2,627
2,481
3,275
2,556
3,129
19,528
1,617
1,889
1,932
2,080
2,041
2,443
2,601
2,827
2,014
2,047
2,505
2,622
2,481
3,275
2,556
3,125
18,419
426 9/
282
216
391
345
209
84
15
8
6
3
5
*
8
-4
4
720
735
1,210
936
1,025
1,030
964
880
178
413
291
434
965
606
548
505
178
410
908
985
898
1,192
1,295
466
393
558
n.a.
n.a.
466
393
557
n.a.
n.a.
Series E
and H
Other
-
-
Months:
1978-N o v .........................
1979-Jan.........................
F eb.........................
Ma y.........................
July ................................
Sept ................................
_
-2
-
291
434
962
606
548
504
Source:
Monthly Statement of the Public Debt of the U.S.; Office of Mar
ket Analysis, United States Savings Bonds Division.
Note: In these tables sales of Series A-F and J bonds are included at is
sue price, and redemptions and amounts outstanding at current redemp
tion value. Series G,H, and K are included at face value throughout.
Matured bonds which have been redeemed are included in redemptions.
Matured J and K bonds outstanding are included in the interest-bearing
debt until all bonds of the annual series have matured, and are then
transferred to matured debt on which interest has ceased.
1/ Sales and redemption figures include exchanges of minor amounts of (1)
matured Series E bonds for Series G and K bonds from May 1951 through
April 1957; (2) Series F and J bonds for Series H bonds beginning
January 1960; 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 of Series A-D
combined will be found in the February 1952 and previous issues of the
Treasury Bulletin.
3/ Because there is a normal lag in classifying redemptions, the distri
bution of redemption between sales price and accrued discount has been
estimated. Beginning with the Treasury Bulletin of March 1961 the
-
3
-
1
-
1
n.a.
n.a.
4/
5/
6/
7/
8/
9/
10/
*
n.a.
-
n.a.
n.a.
25
275
-247
n.a.
n.a.
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 3-1/47.
marketable bonds of 1978-83.
Includes exchanges of Series 1948 F and G bonds for 4-3/47. marketable
notes of 1964.
Includes exchanges of Series 1949 F and G bonds for 47. marketable bonds
of 1969.
Includes exchanges of Series 1960 F and G bonds for 3-7/87. marketable
bonds for 1968.
Includes exchanges of Series 1951 and 1952 F and G bonds for 3-7/87.
marketable bonds of 1971 and 47. marketable bonds of 1980.
Represents changes in the amounts of redemptions not yet classified
between matured and unmatured issues.
Less than $500,000.
Not available.
69
December 1979
.UNITED STATES SAVINGS NOTES
United States savings notes were on
through June 30, 1970.
by
individuals
with
sale
May 1,
The principal terms and conditions for purchase and re
1967
The notes were eligible for purchase
the simultaneous purchase of Series E
demption and information on investment yields of savings notes
appear in the Treasury Bulletins of March 1967 and June 1968;
and in the Annual Report of the Secretary of the Treasury for
savings bonds.
fiscal year 1974.
Table SN-1. - Sales and Redemptions by Periods
(In millions of dollars)
Period
Fiscal vears:
1968-69................
1970....................
1971..................
1972...................
1973...................
1974...................
1975...................
1976...................
T .Q....................
1977....................
1978...................
1979...................
Sales 1/
528
323
11
*
*
*
2
-2
*
-
-
Accrued
discount
Redemptions 2/
Sales plus
discount
Total
Sales
price
Accrued
discount
Amount
outstanding
12
25
33
28
29
35
31
24
6
23
22
21
540
347
44
28
29
35
33
22
6
23
22
21
35
111
167
85
69
77
75
45
11
36
31
48
34
105
157
77
58
62
58
32
8
24
19
28
1
6
10
8
11
14
17
13
3
12
12
20
505
742
619
561
519
477
435
413
407
394
385
359
5
18
31
31
28
29
39
25
24
23
22
281
366
191
27
28
29
39
25
24
23
22
7
76
154
124
71
74
82
53
42
35
33
7
72
145
116
62
60
66
40
29
23
20
*
3
8
9
9
13
16
14
13
12
13
354
644
682
584
540
496
453
424
406
393
383
2
2
2
2
2
4
1
2
1
2
385
383
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
3
3
10
5
5
5
3
2
5
3
5
2
2
6
3
3
3
2
1
3
2
3
1
1
4
2
2
2
1
1
2
1
2
382
381
373
370
367
364
363
362
359
357
354
Calendar vears:
1968...................
1969..................
1970...................
1971..................
1972...................
1973...................
1974...................
1975..................
1976...................
1977...................
1978..................
Months:
1979-Jan..............
F e b..............
M a r ..............
A p r ..............
J une.............
July .............
A u g ..............
Sept.............
Oc t.... .........
N ov.......... .
277
348
160
-3
*
*
*
*
*
-
_
_
-
-
Source: Monthly Statement of the Public Debt of the United States; Office
of Market Analysis, United States Savings Bonds Division.
1/ Sales were discontinued after June 30, 1970. Figures shown thereafter
represent adjustments.
2/
*
Includes U.S. savings notes exchanged for Series H bonds beginning
January 1972.
Less than $500,000.
70
Treasury Bulletin
OWNERSHIP OF FEDERAL SECURITIES_______________________________________
Table OFS-1. - Distribution of Federal Securities by Classes of Investors and Type of Issues
(In millions of dollars)
Interest-bearing public debt securities
End of
fiscal year
or month
1978-Mar...................................
1978-Oct. ............................ .....
Dec..................... ...............
1979-Jan....................................
Feb....................................
Mar....................................
M a y ....................................
July..................................
Total
Federal
securities
outstanding
Held by U.S. Government accounts
Total
outstanding
Total
Government
account series
409,467
437,329
468,426
486,247
544,131
631,385
646,379
709,138
780,425
396,289
425,360
456,353
473,238
532,122
619,254
633,560
697,629
766,971
102,888
111,460
123,385
138,206
145,283
149,611
146,105
155,490
167,973
k 833,751
819,007
187,683
747,844
785,267
791,563
797,694
736,929
775,452
782,048
782,371
798,733
800,470
804,624
804,046
812,220
812,247
814,740
£20,385
833,751
834,000
82,740
89,536
101,248
114,921
122,752
129,202
127,409
138,816
152,031
174,248
2,056
2,056
2,056
2,056
2,056
2,056
2,056
2,056
2,056
2,056
65,518
71,356
75,022
80,485
84,749
94,446
96,427
104,715 11
114,764
152,718
166,338
167,399
170,000
13,980
136,682
2,056
13,884
12,776
12,700
150,398
152,567
155,244
2,056
2,056
2,056
101,577
115,322
113,305
109,616
789,502
791,249
792,344
795,434
803,816
799,863
167,728
170,135
166,274
170,671
177,039
178,525
12,694
12,693
12,685
12,683
12 682
12,464
152,978
155,387
151,534
155,932
162,301
164,005
2,056
2,056
2,056
2,056
2,056
2,056
101,279
103,486
110,255
108,588
106,185
109,241
806,508
312,095
819,007
825,736
176', 190
178,569
187,683
185,714
1-2,448M-j 390
11,379
11,379
161,687
165,123
174,248
172,280
2,056
2,056
2,056
2,056
111,445
113,027
114,784
114,580
Held by private investors
Total
1979.......................
1978-Mar..............................
1978-Oct....................................
1979-Jan....................................
Feb....................................
M a r ....................................
June...................................
July...................................
Other
18,092
19,868
20,080
21,229
20,475
18,353
16,640
14,619
13,886
11,379
Interest-bearing public debt securities - Con.
End of
fiscal year
or month
Marketable
Public
issues
held by
Federal
Reserve
banks
Nomarketable
Marketable
Nonmarketable
227,883
242,545
257,947
254,548
302,090
375,197
391,028
437,423
484,234
161,863
165,978
167,869
164,862
210,382
279,782
294,595
326,674
356,501
66,020
76,566
90,078
89,686
91,708
95,415
96,433
110,750
127,733
516,540
482,634
493,790
501,344
502,755
380,530
362,695
362,443
367,256
365,230
136,010
119,939
131,347
134,088
137,526
520,497
517,627
515,815
516,176
520,592
512,097
382,556
381,797
380,060
383,315
388,001
377,638
518,873
520,499
516,540
525,442
383,102
384,770
380,530
389,074
Note:
The Export-Import Bank was moved within the Budget effective
October 1, 1976 pursuant to Public Law 93-646. Adjustments are made
to include totals for the period it was outside the Budget (August
17, 1971 throtigh September 30, 1976). Also, adjustments are made
.to reflect certain Export-Import Bank borrowing transactions now
Matured
public
debt
and debt
bearing no
interest 2/
1,016
1,076
963
997
1,067
1,179
1,142
1,211
4,573
7,512
114,784
Agency securities
Total
outstanding
11
12,163
10,894
11,109
12,012
10,943
10,953
11,678
10,298
8,881
7,232
Held by
U.S. Government
accounts and
Federal Reserve
banks
Held by
private
investors
2,251
2,170
2,156
2,152
2,186
2,223
2,222
2,094
1,705
1,614
9,911
8,724
8,953
9,860
8,757
8,730
9,456
8,204
7,176
5,619
1,022
9,893
2,024
7,869
942
978
6,835
8,873
8,537
8,487
1,698
1,686
1,681
7,175
6,851
6,806
137,941
135,830
135,755
132,861
132,591
134,459
952
958
4,448
948
978
5,050
8,279
8,263
7,832
7,663
7,426
7,334
1,680
1,678
1,658
1,651
1,538
1,617
6,599
6,173
6,173
6,012
5,888
5,717
135,771
135,730
136,010
136,368
969
1,045
7,512
1,051
7,263
7,245
7,232
7,213
1,610
1,574
1.614
1,615
5.654
5,671
5,619
5,597
classified as agency debt. These transactions were previously reported
as off-budget negative outlays.
11 Includes a nonmarketable Federal Reserve special certificate for $2,500.
2/ Adjusted to exclude non-interest-bearing notes issued tof the Inter-
national Monetary Fund to reflect the unified budget concept.
.3/ For detail, see Table FD-6.
71
December 1979
.OWNERSHIP OF FEDERAL SECURITIES.
Table OFS-2. - Estimated Ownership o f Public Debt Securities by Private Investors
(Par v a l u e s 1/ i n b i l l i o n s o f d o l lars)
Nonbank investors
E n d of
month
Total
privatelyheld
Commer
cia l
banks
2/
I n d i v i d u a l s 3/
Savings bonds
Other
Ser i e s
E a n d H Ser i e s 7/
Other
secu
rities
1939-Dec...
1946-Feb...
Dec...
1950-J u n e . .
D ec...
1951-J u n e . .
D e c ...
1952-J u n e . .
D e c ...
1953-June..
Dec...
33.4
231.6
2 0 8.1
203.3
198.6
193.0
195.0
193.5
198.5
19 5.4
202.5
12.7
93.8
74.5
65.6
61.8
58 . 4
61.5
6 1.1
6 3. 4
5 8.5
6 3.7
20.7
1 37.9
1 33.6
137.7
1 36.7
1 34.7
133.5
1 32 . 4
135.1
1 36.6
138.9
9 .4
6 3.9
6 4.1
67.4
6 6. 3
65.4
64.6
6 4.8
65.2
64.8
3 0.8
30.3
34.5
34.5
34.5
34.7
34.9
35.3
36.0
36.7
1 9 54-J u n e . .
D e c ...
1 9 55-J u n e . .
D e c . ..
19 5 6 - J u n e . .
D e c ...
19 5 7 - J u n e . .
D e c ...
1 9 58-June..
D e c ...
195 9 - June..
D e c ...
198.5
205.6
201.4
205.4
196.8
19 9.4
193.5
197.2
197.2
203.7
204.4
134.9
136.5
137.9
1 4 3.4
139.5
140.9
137.4
137.7
131.9
1 36.2
142.8
1 5 0.4
64.8
63.5
65.2
65.0
66 .6
65.9
66.3
64.9
64.4
63.7
66.3
69. 4
37.5
38.2
39.3
40.1
4 0.9
41.4
41.5
41.6
42. 1
42. 5
42. 6
42.4
12.1
210.6
6 3.6
6 9.1
63.5
62. 0
5 7.3
59.5
5 6.2
5 9.5
65.2
67.5
6 1.5
60.3
1960-J u n e . .
D e c ...
1961-June.,
D e c ...
1 9 6 2 - June..
D e c ...
1963-J u n e . ,
D e c ..,
1 96 4 - J u n e . ,
D e c ...
1965-J u n e . ,
D e c ..,
204 . 5
2 07 . 5
205.4
2 12 . 3
211.5
216.2
2 1 5.0
217.2
214.7
218.9
213.6
2 1 6.8
55.3
62.1
62.5
67.2
65.1
67.1
6 4.3
6 4.2
6 0.2
6 3.9
58.2
60.7
149.2
145.5
142.9
145.2
1 46.4
149.0
150.7
1 53.0
1 54.6
155.0
1 55.4
156.1
69.7
42. 5
42.9
43.6
44.2
44. 6
45. 1
46 . 0
46.7
47 . 3
4 7.9
4 8. 3
4 8.8
3.1
2.7
2.5
1966-J u n e . ,
D e c . .,
1967-June.,
D e c ..,
1968-J u n e . ,
D e c . .,
1 9 6 9 - June.
D e c ..
1970-June.,
D e c ..
209.6
2 1 5.5
204 . 4
219.5
217 . 0
226.7
214 . 0
5 4.8
5 7. 4
55.5
63.8
5 9.7
217.2
2 2 9.1
55.3
56.8
52.6
62.7
154.9
158.1
1 48.9
155.8
157.2
160.7
158.7
1 64.5
164.7
1 6 6.4
72.8
74.2
7 0.4
73.5
74.2
75.1
77.3
8 0. 8
8 1. 8
81.2
4 9.2
4 9. 8
50.4
50.9
5 1.1
51.4
51.2
51.1
50.8
51.4
1971-June.
D e c ..
197 2 - June.
D e c ..
1 9 7 3 - June.
D e c ...
1974-J u n e . ,
D e c ..
1975-June.
D e c ..
1976-June.
D e c ..
2 2 8.9
2 47.1
2 43.6
2 61.7
2 58.9
2 60.9
2 5 5.6
2 7 1.0
3 03.2
349.4
376.4
409.5
6 1.0
6 5.3
6 0.9
67.7
5 8.8
6 0.3
53.2
5 5.6
6 9.0
85. 1
9 2.5
103.8
167.9
181.8
182.8
194.0
75.4
73.2
73.2
73.9
75.9
77.3
80.7
84.8
87.1
91.4
96.4
2 4.0
2 6.8
28.8
1977-June.
D e c ..
421.0
461.3
102.8
1 9 7 8 - J a n . ..
Feb...
M a r . ..
A p r . ..
M a y . ..
June..
4 7 3.1
477.1
483.7
479.5
4 7 9.7
4 7 7.8
100.1
221.2
6 6 .0
66.1
66.1
64.6
65.8
65.5
65.9
65.9
68.0
68.5
6 9.5
70.7
71.9
1.9
12.5
13.9
1 5.4
15.1
14.6
14.4
14.1
13.8
13.2
12.7
7.5
20.6
20.0
17.6
16.7
16.3
15.5
15.7
16.0
1 6.8
15.4
Instfrance
companies
5.7
24.4
24.9
19.8
18.7
17.1
1 6.4
15.7
1 6.0
16.0
15.9
Mutual
sav
ings
banks
2.0
10.9
10.2
20.1
9.8
9.6
9.5
9.5
9.2
20.7
1 8.8
19.9
18.6
21.5
9.1
16.5
19.1
18.6
23.2
1 7.3
18.7
16.1
17.7
14.1
18.1
19.8
21. 4
13.9
14.4
14.7
15.4
16.1
16.3
16.8
16.6
1 6.3
16.5
16.9
18.0
4.6
4. 8
5.2
5.9
9.9
12.3
19.5
18.7
18.5
18.5
18.2
18.6
18.7
18.7
18.9
18.2
1 5.3
15.8
18.8
18.7
19.3
19.0
10.1
12.5
13.5
12.7
13.5
13.6
14.8
15.1
15.6
15.8
1 6.3
16.8
16.7
12.5
12.0
11.8
6.6
6.2
11.5
11.5
11.4
6.3
1.2
1.0
2 4.1
2 0.5
18.5
1 9.4
18.8
19.0
18.3
19.8
19.9
20.4
21.3
.9
22 .2
11.3
10.7
10.5
22.8
10.0
23.9
1 9.7
22.3
22.7
23.3
25.5
29.0
30.2
29.1
9.9
9.0
9.0
8.5
8.4
22.2
7.0
7 .0
6 .7
2 .2
2.1
1.9
1.6
1.5
1.3
.7
.5
.3
.3
.4
.5
.6
.7
12.2
12.6
12.6
11.6
11.1
11.4
11.1
8.8
8.7
8. 5
8 .3
8.0
6.1
6.2
6.0
6.0
5 .6
5 .8
5.5
5.6
5.3
5.0
4.6
4.2
4.2
4 .0
3.8
3.5
3.1
3.2
3.1
14.2
14.9
3.3
3.1
3.5
3.4
3.3
2.9
7.4
11.4
9.3
9 .8
9 .8
10.9
2.6
10.8
20 .2
12.7
2.5
3.5
4 .5
5.4
5.9
8.1
7.6
7.2
7 .4
Other
investors
6/
19.9
15.3
18.4
19.7
7.9
7.6
7.4
7.2
7.3
6 .9
9. 4
8 .7
7.6
6.6
5.9
5.2
4.5
3.5
Foreign
and inter
national
5/
2.7
1 5.4
15.3
15.0
14.6
13.6
13.2
12.7
12.5
10.2
State
and
l ocal
govern
ments
11.1
11.8
11.6
15.2
13.6
15.0
14.8
16.3
15.8
17.2
16.7
1 6.4
16.0
19.3
23.5
11.7
10.9
Corpora
tio n s 4/
11.0
1 2.2
12.0
14.2
11.1
10.4
8 .5
7.3
.4
6.7
6.3
8.7
8.8
9.4
9 .6
10 .,4
11.1
12.0
12.7
2 0 .1
20.1
.2
2.4
1.9
2.2
3.0
2.9
3 .0
3.4
4 .0
4.4
4.6
6.2
6.7
6.5
6.9
5.9
6.9
8.1
10.5
10.1
10.9
1 1.3
12.0
21. 4
12.6
21.1
12.6
22.5
21.1
12.0
13.1
24.1
22.9
12.2
24.5
2 4.3
23.6
2 4.1
2 5.1
2 4.9
2 6. 4
2 7.2
29.0
27.8
11.6
13.0
10.8
11. 4
12.9
10.7
12.5
10.3
10.4
14.0
19.8
.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
16.9
19.4
1 9.3
19.9
22.7
21.9
22.0
25.0
21.0
19.9
17.2
15.6
14.0
17.0
16.6
19.3
17.3
2 0 2.4
21 5 . 4
234.1
264.2
283.8
305.7
100.8
52.5
53.8
55.4
57.1
58.9
59.8
61. 4
62.9
65.0
66.9
6 9.2
71.6
318.2
359.9
103.0
1 05.3
7 4.0
7 6.3
28.6
28.6
12.8
6.2
1 5.5
5.9
101.7
100.7
100.3
98.4
9 9.1
3 7 3.0
37 5 . 5
3 8 3.0
379.2
3 81 . 2
3 78 . 7
106.3
107.C
107.1
107.3
108.1
108.2
76.7
77.2
77.6
78.0
7 8.4
78.7
29.2
2 9.5
29.1
28.9
2 9.3
2 9.0
15.4
15.9
15.4
14.8
14.9
14.6
5.9
5.9
5.7
5.6
5.7
5.3
23.4
22.3
4 5 2.3
489.0“
4 8 8.3
4 9 4.7
502.3
508.6
9 7.9
9 6.8
9 6.3
9 5.3
9 4.5
94.7
384.4
3 92 . 2
3 92 . 0
399.4
40 7.8
414.0
108.6
109.2
10 9 . 4
79.0
79.3
79.4
79.8
80.1
8 0.3
2 9.2
2 9.6
29.5
29.8
29.8
30.1
14.9
15.0
15.1
15.3
15.0
14.9
5.4
5.3
5.2
5.2
5.2
5.0
19.1
22.4
21.3
20.4
521.4
518.6
519.6
517.1
521.5
516.6
93.3
94.4
95.6
96.2
97 . 6
94.0
428 . 1
421 . 2
424.0
4 2 0.9
4 23.9
4 2 2.6
1 12 . 5
80.2
8 0.2
8 0.2
8 0.2
80. 2
80. 2
30.6
31.0
31.3
31.7
32.0
32.0
1 5.2
15.3
1 5.2
14.8
14.7
1 4.4
4.9
4.9
4.9
4.9
5.1
4.7
93.4
92.7
92.3
426.4
4 2 8.8
4 3 1.7
112.7
1 12.9
113 . 2
8 0.3
8 0. 3
80.2
32.0
32.3
32.6
1 4.5
14.6
14.6
4.7
4.6
4.7
21.2
Sept...,,
519.8
5 2 1.5
524.0
20.7
23.7
69.9
70.1
68.9
124 . 4
123,7
1 25 . 2
79.0
82. 2
81.3
Oct. p.
526.5
93.5
433.0
11 3 . 4
80.1
14.8
4.5
24.1
6 9.7
1 24 . 4
82. 0
July..
A u g . ..
Sept..
O c t . ..
N o v . ..
D e c . ..
1 9 7 9 - J a n . ..
Feb...
M a r . ..
A p r . ..
M a y . .,
June..
J u l y »•««
A u g ......
10J.._4_
200.1
200.6
110.0
110.3
110.8
111.2
111.6
111.9
112.3
112.6
Source:
O f f i c e o f G o v e r n m e n t F i n a n c i n g i n th e O f f i c e o f the Secretary.
1/ U n i t e d S t a t e s sav i n g s b o nds, S e r i e s A - F a n d J, a r e i n c l u d e d a t c u r r e n t
r e d e m p t i o n value.
2/ C o n s i s t s o f c o m m e r c i a l b a nks, t r u s t comp a n i e s , a n d s t o c k sav i n g s
b a n k s i n the U n i t e d S t a t e s an d i n T e r r i t o r i e s a n d i s l a n d poss e s s i o n s .
F i g u r e s e x c l u d e s e c u r i t i e s h e l d in tr u s t dep a r t m e n t s .
3/ I n c l u d e s p a r t n e r s h i p s an d p e r s o n a l tr u s t accounts.
4/ E x c l u s i v e o f b a n k s a n d i n s u r a n c e c o m panies.
5/ C o n s i s t s o f the i n v e s t m e n t of f o r e i g n b a l a n c e s an d i n t e r n a t i o n a l
18.8
17.2
16.2
16.4
16.9
18.8
21.5
21.6
6/
<*>-
7/
p
6.6
6.3
6 .4
5.9
6.2
7.1
9 .5
10.6
25.9
25.4
2 6.9
28.9
28.8
29.2
28.3
29.2
31.7
34.2
39.3
41.6
31.9
46.1
49.2
54.5
59.4
5 4.7
5 6.9
5 8.8
22.8
6 6.5
6 9.8
78.1
25.5
38.0
38.1
38.9
24.3
22.7
49.1
8 7.9
109.6
34.9
46.-0
55.3
57.7
60.6
60.1
5 9.7
63.7
11?.5
54.1
‘
51.7
49 . 0
51.5
54.2
4 9 . 3i
62.9
70.7
69.0
68.3
70.4
70.1
120.5
1 2 7.5
1 3 2.4
137.8
53.1
48.5
51.1
52.7
53.7
54.9
69.2
69.8
71.4
71.7
71.7
70.5
142.2
136.9
132.8
124.8
118.0
119.5
6 4.0
6 0.2
6 5.1
69.9
7 7.0
78.1
11.0
13.2
24.3
27.7
20.8
19.5
18.9
18.2
20.8
20.5
2 1.2
22.5
22.7
22.6
24.9
2 2 .8
66.0
1 1 5.4
124.5
1 2 0.4
119.7
119.3
121.2
121.0
a c c o u n t s in the U n i t e d States. H o l d i n g s h a v e b e e n a d j u s t e d to
e x c l u d e is s u e s to t h e I n t e r n a t i o n a l M o n e t a r y F u n d a n d o t h e r i n t e r
n a t i o n a l l e n d i n g o r g a n i z a t i o n s to r e f l e c t the u n i f i e d b u d g e t
concept.
C o n s i s t s o f sav i n g s a n d l o a n a s s o c i a t i o n s , n o n p r o f i t inst i t u t i o n s ,
c o r p o r a t e p e n s i o n tru s t funds, a n d d e a l e r s and br o k e r s . A l s o
i n c l u d e d a r e c e r t a i n g o v e r n m e n t d e p o s i t a c c o u n t s an d g o v e r n m e n t s p o n s o r e d agencies.
I n c l u d e s U.S. s a v i n g s n o t e s .
S a l e s b e g a n M a y 1, 1967 a n d w e r e
d i s c o n t i n u e d a f t e r J u n e 30, 1970.
Pre l i m i n a r y .
72
Treasury Bulletin
TREASURY SURVEY OF OWNERSHIP'
OCTOBER 31, 1979
tions in the September I960 Bulletin, and for State and local
governments in the February 1962 Bulletin.
The monthly Treasury Survey of Ownership covers securities
issued by the United States Government, Federal agencies, Fed
erally-sponsored agencies, and the District of Columbia. The
banks and insurance companies included in the Survey currently
account for about 80 percent of all such securities held by
these institutions. The similar proportion for corporations
and for savings and loan associations is 50 percent, and for
State and local governments, 40 percent. Data were first pub
lished for banks and insurance companies in the May 1941 Treas
ury Bulletin, for corporations and savings and loan associa
Holdings by commercial banks distributed according tu
Federal Reserve member bank classes and nonmember banks are
published for June 30 and December 31. Holdings by corporate
pension trust funds are published quarterly, first appearing in
the March 1954 Bulletin.
Table TSO-1. - Summary of Federal Securities
(Par values - in millions of dollars)
Held by private investors covered in Treasury Survey
Total
amount
outstand
ing I f
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
Interest-bearing public
debt securities:
Marketable..............
Nonmarketable 4 / .......
515,033
310,703
125,959
174,335
389,074
136,367
67,575
-
3,100
-
3,265
-
8,740
-
3,512
-
9,146
-
10,743
-
7,402
-
275,591
136,367
Total interest-bearing
public debt securities
825,736
300,294
525,441
67,575
3,100
3,265
8,740
3,512
9,146
10,743
7,402
411,958
Matured debt and debt
bearing no interest.....
1,051
1,051
-
-
-
-
-
-
-
-
1,051
Total public debt
securities.............
826,787
300,294
526,492
67,575
3,100
3,265
8,740
3,512
9.146
10.743
7.402
413.009
2,522
184
2,338
75
134
68
21
38
3
24
383
1,594
230
Classification
Total
private
inves
tors
5,398
commer
cial
banks
2/
460
mutual
savings
banks
2/
Insurance companies
289
life
435 fire,
casualty,
and
marine
483
savings
and loan
associa
tions
420
corpo
rations
State and local
governments
310
general
funds
All
other
private
inves
tors 3/
181
pension
and re
tirement
funds
Public debt issues:
Government agency issues:
Regular issues..........
Participation
certificates 5 / ........
3,254
1,345
1,909
583
129
182
106
298
75
144
165
Total Government agency
securities covered in
Treasury S urvey........
5,776
1,527
4,247
658
263
249
128
335
78
168
5,4J...
Nonsurveyed Government
agency securities......
1,436
88
1,348
Total Government agency
securities 6 / ..........
Total Federal securities..
Footnotes at end of Table TSO-5.
7.213
1.615
5.598
833,999
301,909
532,090
,
,M m .
73
December 19J9
-------------- TREASURY SURVEY OF OWNERSHIP-----------------OCTOBER 31, 1979
Table TSO-2. - Interest-Bearing Marketable Public Debt Securities
by Type and Maturity Distribution
(P a r v a l u e s - i n m i l l i o n s o f d o l l a r s )
Held b y investors covered in T r e asury Survey
Total
amount
outstand
ing 1 1
Classification
U.S. G o v e r n
ment ac
counts and
Federal
Reserve
banks
5,398
commer
cial
banks
21
460
mutual
savings
banks
2/
Insurance companies
289
life
4 3 5 f i re,
casualty,
and
marine
B y type security:
I s s u e d b y U.S . G o v e r n m e n t :
48 3
savings
and loan
associa
tions
202
420
corpo
rations
State and local
governments
310
general
funds
1 81
pension
and r e
tirement
funds
Held by
al l
inves
t o r s 3/
T r e a s u r y b o n d s .........................
161,692
280,832
72,510
44,072
57,779
24,108
5,138
59,074
3,363
167
2,637
295
70
1,087
2,108
385
6,876
1,479
3,074
237
2,562
5,687
897
2,848
6,239
1,655
393
1,675
5,334
105,854
136,703
33,034
T o t a l ....................................
515,033
125,959
67,575
3,100
3,265
8,740
3,512
9,146
10,743
7,402
275,591
248,648
163,244
50,197
18,375
12,733
21,838
64,735
30,020
15,701
4,033
4,390
7,080
20,511
37,615
6,992
935
237
1,284
803
1,622
481
95
75
25
723
820
576
48 8
26 0
398
1,539
4,041
2, 2 4 0
492
167
261
1,430
1,947
85
28
5, 1 4 8
3,298
356
12
10
113
121
5,701
3,340
729
416
331
22 5
678
494
1,046
1,283
1,058
2,843
147,378
80,047
21,991
10,495
6,090
8,591
515,033
125,959
67,575
3,100
3,265
8,740
3,512
9,146
10,743
7,402
275,591
246,462
164,448
45,500
20,947
6,831
30,846
64,170
30,238
13,175
4,926
2,823
10,628
20,410
37,663
6,981
853
219
1,449
790
1,626
465
1,460
4,086
2,126
6 07
64
397
1,390
1,980
49
9
15
5,105
3,337
267
19 0
85
161
5,527
3,436
68 3
506
142
448
642
51 0
94
457
1,052
482
58 5
134
55 5
1,271
11 3
3,855
146,510
80,519
20,241
11,847
3,230
13,244
515,033
125,959
67,575
3,100
3,265
8,740
3,512
9,146
10,743
7,402
275,591
By'maturity distribution:
C a l l c l a s s e s (d u e o r f i r s t
b ecoming callable):
5 to 10 y e a r s ..........................
110
M a t u r i t y classes (final
maturity):
112
12
68
1,011
Footn o t e s at end of Ta b l e TSO-5.
Table TSO-3. - Interest-Bearing Marketable Public Debt Securities by Issue
(Pa r v a l u e s - i n m i l l i o n s o f d o l l a r s )
H eld b y investors covered in T r e a s u r y Survey
Issue
Total
amount
outstand
i n g 1/
U.S . G o v e r n
ment ac
counts and
Federal
Reserve
banks
T r e a s u r y Bills:
Regular w e e k l y and annual
maturing:
Nov .
1979
De c .
19 7 9
Jan.
1980
Feb.
1980
Mar.
1980
Apr.
19 8 0
May
1980
June
198 0
July
1 9 8 0 .........................
Aug.
1 9 8 0 .........................
Sept.
1 9 8 0 .........................
Oct.
1 9 8 0 .........................
33,924
27,725
30,710
15,605
15,621
18,613
2,762
2,788
3,389
3,545
3,556
3,454
8 ,,768
8 ,,278
8 ,,724
T o t a l . T r e a s u r y B i l l s ................
161,692
Tr e a s u r y Notes:
6-1/4
Nov .
6-5/8
Nov .
7
Nov .
7-1/8
Nov .
7-1/2
Dec.
7-1/8
Dec.
7-1/2
J an.
6- 1 / 2
F eb.
7-5/8
F eb.
7-1/2
Mar .
7-3/4
A pr.
6-7/8
May
8
May
7-5/8
June
8-1/4
June
8-1 / 2
July
1 9 8 0 - R .................
6-3/4
Aug.
9
Aug.
8-3/8
Aug.
6-7/8
Sept. 1 9 8 0 - E .................
8-5/8
Sept.
8-7/8
Oct.
7-1/8
No v .
1 9 8 0 - J .................
9-1/4
No v .
1 9 8 0 - V .................
5-7/8
D ec.
1 9 8 0 - F .................
9-7/8
D ec.
9-3/4
Jan.
1 9 8 1 - P .................
3,376
1,604
2,241
4,791
2,006
3,920
3,875
4,608
3,820
6,076
3,180
7,265
3,098
2,185
4,407
4,164
4,133
4,296
3,545
2,141
3,906
3,790
4,600
3,195
2,692
3,546
3,146
Footnotes at end of Table TSO-5.
5,398
commer
cial
banks
2/
46 0
mutual
savings
banks
2/
Insurance companies
289
lif e
4 3 5 fire,
casualty,
an d
marine
15
-
385
202
2,562
2 .,848
393
105,854
61
31
46
96
34
31
119
124
5
161
298
14
183
16 6
19
38
21
1,785
287
202
10
2
6
2
12
2
6
_
*
-
2
2
44.,072
5,138
167
70
265
7 58
108
494
994
515
699
1,088
89 7
904
1,328
864
428
538
543
531
64 9
90 8
35 2
606
553
44
3
34
*
1 ,,144
436
502
156
571
403
1 , 511
36 6
790
441
5,,551
177
32 2
859
754
67 2
2 ,684
46 1
155
737
354
699
30 7
38
538
418
688
747
87 7
537
810
499
634
20
8
40
26
18
29
54
32
53
16
23
18
3
15
18
9
12
10
25
17
41
43
4
6
26
34
24
25
28
21
32
17
12
8
14
90
92
43
19
20
25
28
5
7
14
3
21
50
32
85
12
77
35
1
7
8
15
8
4
12
8
22
7
6
6
65
13
62
16
1
4
4
181
pension
and r e
tirement
funds
48 8
143
42
60
12 5
17
46
3,,408
4,480
4,814
831
838
860
990
1 .,050
1 .,031
-
31 0
general
funds
23,409
17,700
19,737
11,285
10,004
11,992
1,557
1,542
2,203
2,108
2,175
2,142
18
13
26
-
rations
Held by
al l
other
inves
t o r s 3/
12 5
97
77
41
5
28
14
17
30
4
3
10
States and local
governments
420
629
656
502
152
168
196
106
133
73
148
61
24
412
46 6
968
519
' 801
967
98
177
149
151
241
1 88
2
8
48 3
savings
and loan
associa
ti o n s
88
44
16
33
24
25
79
15
21
112
2
73
77
3
3
14
10
6
8
6
18
66
43
63
84
56
53
12 4
62
27
25
27
41
47
65
3
40
49
64
59
39
14
164
46
35
420
35 2
591
192
86
120
275
103
17 0
33
47
30
96
179
1 89
110
66
1 68
129
155
62
94
64
156
159
309
101
-
30
1
24
14 6
68
51
182
89
289
23
114
26
174
42
63
165
133
38
13 5
52
81
2
29
36
2
-
23
1
-
*
7
39
19
34
14
14
*
1
2
6
15
3
5
2
24
8
6
8
10
4
17
3
2
1,012
2,566
1, 1 1 7
2,123
1,903
1,612
2,140
3,369
1,595
1,041
2,175
1,106
2,709
2,423
1,994
1,194
2,164
1,068
2,233
2,346
2,512
2,108
1,129
2,355
1,831
Treasury Bulletin
74
TREASURY SURVEY OF OWNERSHIP
OCTOBER 31, 1979
Table TSO-3. - Interest-Bearing Marketable Public Debt Securities by Issue—Continued
( Par v a l u e s - i n m i l l i o n s o f d o l l a r s )
H e l d b y i n v e s t o r s c o v e r e d in T r e a s u r y S u r v e y
Issue
Treasury N otes—
7
Feb.
7 - 3/8
Feb.
9-3/4
Feb.
6- 7 / 8
Mar.
9-5/8
Mar .
9-3/4
Apr.
7 - 3/8
May
7-1/2
May
9-3/4
May
6-3/4
June
9-1/8
June
9-3/8
July
7-5/8
Aug.
8-3/8
Aug.
9-5/8
Aug.
6-3/4
Sept.
10-1/8
Sept.
12-5/8
Oct.
7
Nov .
7-3/4
Nov.
7-1/4
Dec.
6- 1 / 8
Feb.
7- 7 / 8
Mar.
7
May
8
May
9-1/4
May
8-1/4
June
8- 1 / 8
A ug.
9
Aug.
8-3/8
Sept.
7- 7 / 8
Nov.
7- 1 / 8
Nov.
9-3/8
Dec.
8
Feb.
9-1/4
Mar.
7- 7 / 8
Mar.
8-7/8
June
9-3/4
Sept.
7
Nov.
7-1/4
Feb.
9-1/4
May
7-1/4
Aug.
8
Feb.
8-1/4
Aug.
7- 7 / 8
May
8
Au g .
9
Feb.
7-5/8
Nov.
8-1/4
May
8-3/4
No v .
9-1/4
May
(Continued)
1 9 8 1 - A ..................
1 9 8 1 - C ..................
1 9 8 1 - 0 ..................
1 9 8 1 - H ..................
1 9 8 1 - R ..................
1 9 8 1 - S ..................
1 9 8 1 - D ..................
1 9 8 1 - M ..................
1 9 8 1 - T ..................
1 9 8 1 - J ..................
1 9 8 1 - U ..................
1 9 8 1 - V ..................
1 9 8 1 - F ..................
1 9 8 1 - N ..................
1 9 8 1 - W ..................
1 9 8 1 - K ..................
1 9 8 1 - X ..................
1 9 8 1 - Y ..................
1 9 8 1 - G ..................
1 9 8 1 - B ..................
1 9 8 1 - L ..................
1 9 8 2 - D ..................
1 9 8 2 - G ..................
1 9 8 2 - E ..................
1 9 8 2 - A ..................
1 9 8 2 - K ..................
1 9 8 2 - H ..................
1 9 8 2 - B ..................
1 9 8 2 - M ..................
1 9 8 2 - J ..................
1 9 8 2 - C ..................
1 9 8 2 - F ..................
1 9 8 2 - L ..................
1 9 8 3 - A ..................
1 9 8 3 - D ..................
1 9 8 3 - C ..................
1 9 8 3 - E ..................
1 9 8 3 - F ..................
1 9 8 3 - B ..................
1 9 8 4 - A ..................
1 9 8 4 - C ..................
1 9 8 4 - B ..................
1 9 8 5 - A ..................
1 9 8 5 - B ..................
1 9 8 6 - A ..................
1 9 8 6 - B ..................
1 9 8 7 - B ..................
1 9 8 7 - A ..................
1 9 8 8 - A ..................
1 9 8 8 - B ..................
1 9 8 9 - A ..................
Total
amount
outstand
ing I f
1, 8 4 2
4,796
2, 8 8 7
2 , 809
3,516
3,013
2,020
3,893
2, 5 4 2
2,514
3,057
3,222
2,586
4,110
3,728
2,968
3,692
4,429
2,543
4,477
3,452
2,6 9 7
2,853
2,613
2,747
3,556
2,594
2, 918
3,587
2,5 0 1
2,902
2, 737
3,205
7, 958
2,930
2, 573
3,123
2, 7 9 9
2 ,3 0 9
8,438
2 ,587
2 ,8 6 3
4,203
4,837
5, 2 1 9
9, 5 1 5
6, 2 3 8
2,387
4,148
3,445
2,628
U. S . G o v e r n
ment ac
counts and
Federal
Reserve
banks
1
1
1
561
066
395
208
69 4
159
1 85
040
328
77
308
306
341
301
573
81
401
47 0
116
1 868
1
1
1
1
2
165
59
243
48
45 0
018
105
163
064
62
77 4
228
459
138
7
97
378
268
5,398
commer
cial
banks
2/
289
l ife
27
29
16
25
50
29
14
29
28
18
77
16
25
24
19
7
63
72
23
1,011
981
1,133
87 8
1,293
703
332
81 9
720
503
732
917
739
772
100
24
54
45
13
25
43
17
26
50
27
15
89
28
32
18
15
39
63
15
24
1,001
1,211
3.,913
72
38 5
1 , 448
1 , 624
1 .,134
1 , 990
1 , 652
616
1 ., 750
1 , 128
44 8
101
Insurance companies
6
112
499
1,336
49 0
672
693
655
555
93 5
585
593
560
719
966
856
854
755
43 8
39 5
1, 0 2 6
968
1,325
682
616
1, 1 1 6
946
678
834
1,056
552
1,930
1,074
346
284
31 4
467
46 0
mutual
savings
banks
2/
21
35
103
160
48
15
27
22
21
86
40
9
13
109
44
1 14
15
2
8
16
7
3
5
118
28
3
60
6
2
2
20
12
7
*
3
89
11
33
45
7
34
46
37
4
40
286
62
3
40
23
78
96
123
21
15
396
47 2
693
548
3 23
1,016
6 76
360
229
1 , 199
55
490
40 2
1, 0 5 7
622
701
282
952
54
47
79
54
38
389
8
34
232
189
246
15
25
14
72,510
24;,108
1 9 9 3 - 9 8 ............... .
1 9 9 4 - 9 9 ...............
1 9 9 5 - 2 0 0 0 .............
1 9 9 5 - 2 0 0 0 .............
1 9 9 6 - 2 0 0 1 .............
2 0 0 0 - 0 5 ...............
2 0 0 2 - 0 7 ...............
2 0 0 2 - 0 7 ...............
2 0 0 3 - 0 8 ...............
2 0 0 3 - 0 8 ...............
2 0 0 4 - 0 9 ................
Total Treasury
Total Marketable Public Debt
S e c u r i t i e s ......
5
15
86
8
57
46
55
78
56
4
68
11
58
27
13
30
237
15
134
6
9
20
7
9
40
120
45
5
92
37
24
10
100
3
14
30
64
82
70
5
48
3
69
48
55
29
18
12
9
85
32
26
162
62
92
12
25
36
2
61
58
9
24
33
23
25
31
70
5
29
3
30
2
1
1
4
33
1
*
1
11
6
20
1
11
7
-
6
2
-
153
41
22
27
3,363
295
2,108
1, 4 7 9
231
12
66
52
6
3
6
-
6
8
1
6
20
8
34
10
15
-
*
3
31
1
3
5
-
2
8
6
*
91
57
10
83
18
160
13
56
59
20
17
28
67
71
5
48
19
13
4
98
53
9
16
19
42
19
7
3
1
11
68
1
5
5
-
91
23
51
8
237
371
452
13
57
153
6
8
52
25
27
35
71
42
24
15
12
1
9
2
8
*
21
1
2
1
2
8
-
2
3
2
*
5
1
2
14
40
33
11
20
9
125;,959
67,575
9
49
4
7
25
4
*
36
1
2
1
1
19
77
4
7
26
20
101
8
33
77
25
18
99
105
165
130
319
132
58
23
10
25
1
10
1
9
1
8
15
119
27
56
13
46
15
2
21
1
25
9
56
14
221
11
27
80
19
4
30
87
102
1,655
6
21
1
56
58
41
43
16
25
30
29
7
110
89 7
9
6
6
12
66
34
78
17
55
16
57
44
36
-
4
7
35
15
5
44
87
50
5
47
72
28
33
38
141
57
'
515,033
1
2
4
348
218
7 86
613
409
1 , 073
1 , 249
172
864
1 , 089
42
1 , 321
422
865
407
92
209
151
328
108
143
60
1 ;, 653
18
128
599
2 ,119
830
714
2,,178
1 ,554
265
747
1 , 611
725
10
2
3
47
18
33
3
64
38
91
62
55
99
15
19
65
44
47
146
62
109
17
136,703
98 2
1,204
2,345
1,744
807
2,7 0 2
2,203
704
1,196
2,654
159
1,914
952
2,503
1 , 247
1,504
627
1 , 501
692
1, 7 6 8
1 , 509
3,010
2,414
1,506
1, 5 0 1
468
2 , 771
4,662
1 , 575
1,756
4,246
4,249
1,495
2,103
5,230
4,606
*
18
14
14
68
120
2
1 , 087
2
1
12
1 ,,675
2,637
36
3
51
50
193
54
174
91
2
3
*
59,074
52
24
15
3
6,239
1
57,,779
1 9 8 7 - 9 2 .................
1 9 8 8 - 9 3 ............... .
1 9 8 8 - 9 3 .................
1 9 8 9 - 9 4 ............... .
58
32
93
137
126
*
9
33
280,832
10
6
6
21
2
1
6
2 06
151
60
75
63
7
93
262
69
32
9
4
*
*
110
560
1,6 9 7
1,782
1,455
1, 9 6 1
2, 0 3 4
917
1,721
1,495
1, 3 5 1
1,931
1,978
970
1,742
1, 9 8 8
1, 8 2 3
2 , 707
3,461
1,004
1, 2 6 6
1,848
5,6 8 7
*
T o t a l T r e a s u r y N o t e s ...................
110
20
31
30
3
10
1
6
2
1
12
3,074
23
36
3
1
4
15
20
26
128
99
104
45
74
6,876
20
8
12
56
233
*
187
52
18
26
28
52
22 4
52
4
16
7
-
5
13
25
65
41
30
26
39
30
32
29
80
48
29
26
53
29
51
181
pension
and r e
tirement
funds
1
6
2
1
8
1
23
1 9 7 5 - 8 5 .................
1 9 7 8 - 8 3 .................
c o r p o 31 0
rations general
funds
86
6
6
53
5
15
E x c h a n g e S e r i e s ..........................
T r e a s u r y Bo n d s :
4-1/4
May
3-1/4
June
4
Feb.
3-1/2
Nov.
7
Aug.
6-3/8
Feb.
6-3/8
A ug.
3-1/4
May
6- 1 / 8
Nov.
4-1/4
Aug.
4
Feb.
7- 1 / 2
Aug.
4-1/8
May
3-1/2
Feb.
8-1/4
May
7-1/4
Aug.
6-3/4
Feb.
7 - 7/8
Feb.
7
May
8-5/8
Aug.
8-5/8
Nov.
9
Feb.
8- 1 / 2
May
8-3/4
Aug.
10-1/ 8
Nov.
3
Feb.
7 - 7/8
Feb.
8-3/8
Aug.
8
A ug.
3-1/2
Nov.
8-1/4
May
7-5/8
Feb.
7- 7 / 8
Nov.
8-3/8
Aug.
8-3/4
Nov.
9-1/8
May
savings
and loan
associa
tion
Held by
all
other
inves
t o r s 3/
62
14
33
53
84
45
81
25
24
8
33
10
1
16
12
2
420
54
15
3
94
16 4
62
11 4
45
126
65
27
28
109
37
33
172
106
61
281
71
76
27
9
169
579
33
290
57
241
565
219
294
188
253
155
3
-
"
435 f i r e >
casualty,
an d
marine
State and local
governments
483
37
116
9
104
229
382
59
55
26
19
215
616
181
1
617
977
1,001
1,050
1,432
805
1,627
1,605
996
1, 6 2 3
1,240
1,054
1 , 407
1,574
4,063
1, 6 5 8
1,205
1,212
1, 7 8 9
1 , 213
2 , 511
1,454
1,335
1,745
1,674
2,640
4,727
2,885
75 4
1, 6 2 7
1 , 693
1,511
212
588
408
225
1,367
979
2, 3 2 9
581
1, 3 2 2
1,363
2 27
1,575
1,644
433
84 6
1,139
1,031
623
622
2,894
3,373
5 ,334
33,034
7 ,402
275,591
28
T
3,100
3,265
8,740
3,512
9,146 j 10,743
75
December 1979
------------ TREASURY SURVEY OF OWNERSHIP---------OCTOBER 31, 1979
Table TSO-4. - Securities Issued by Government Agencies
(Par values - in millions of dollars)
H e l d b y investors c o v ered in T r e a s u r y S u rvey
E x p o r t - I m p o r t Bank:.
P a r t i c i p a t i o n C e r t i f i c a t e s ..............
Total
amount
U.S. G o v e r n
m e n t ac-
5,398
commer-
i n g 1/
Federal
Reserve
banks
banks
2/
460
mutual
savings
banks
2/
Insurance companies
4 35 fire,
casualty,
and
marine
289
life
483
savings
and loan
associa
tions
State and local
governments
420
rations
310
general
funds
181
pension
and r e
tirement
funds
Held by
inves
tors
n o t in
Treasury
s u r v e y 3/
250
16
92
11
4
10
9
11
21
16
61
547
147
25
10
12
2
15
3
1
6
328
3,004
1,327
491
118
178
96
289
64
123
149
169
250
37
12
13
13
2
1
*
4
39
129
1,725
-
38
111
43
17
22
19
338
1,137
5,776
1,527
658
263
249
128
335
168
547
1,824
Federal Housing Administration:
Government National Mortgage
Association:
P a r t i c i p a t i o n C e r t i f i c a t e s ..............
U.S. Po s t a l Service:
Tennessee Valley Authority:
Total Government agency
s e c u r i t i e s c o v e r e d b y s u r v e y ............
“
78
Table TSO-5. -Securities Issued by Government-Sponsored Agencies
Farmers Home Administration and the District of Columbia
(Par va l u e s - in m i l l i o n s of dollars)
Held by investors covered in Treasury Survey
Issue
Total
amount
outstand
ing I f
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
5,398
commer
cial
banks
2/
460
mutual
savings
banks
2/
Insurance companies
289
life
435 fire,
casualty,
and
marine
483
savings
and loan
associa
tions
State and local
420
governments
corpo
rations 310
181
general pension
and re
funds
tirement
funds
Held by
inves
tors
not in
Treasury
survey 3/
Banks for Cooperatives:
Farm Credit Banks:
Discount Notes.......................
Farmers Home Administration:
Insured Notes........................
Federal Home Loan Banks:
Discount Notes.......................
Bonds................................
FHLMC Mtg. Backed Certificates
FHLMC Mtg. PMT. Certificates 7/ 8/...
FHLMC Capital Debentures 7/...... .
Issues to State and Local
Govts. 6/ 7/........................
Total FHLB...........................
584
35
265
42
6
49
64
4
48
37
33
3,746
28,443
906
736
3,113
35
261
19
34
15
65
53
538
159
26
260
784
48
151
2,420
22,564
2,703
196
580
197
220
83
137
17
264
391
617
5,116
26,758
2,293
219
6,199
24
554
3
533
3
292
45
1,587
10
167
11
1,472
3
741
4,798
12,919
2,621
12,677
150
_
-
315
178
61
202
62
10
416
23
2
61
2
9
741
356
17
37
3
_
265
448
7
213
336
8
371
11,268
36
200
47,521
2,293
6,972
854
978
367
2,746
216
200
2,402
1,302
29,392
2,676
146
1,008
149
18
128
176
13
170
73
794
16,006
1,163
3,399
419
106
298
618
52
548
519
8,885
-
146
*
1,033
144
11
12
*
128
8
1
.21
*
473
8
4
247
1,829
57
3
82
152
3,064
149
59
895
10
7,634
349
90
305
8
,115
372
16
1
3,662
118
21,603
297
30
3,272
8,977
~
1,335
149
507
2,135
395
504
25,710
-
Federal Intermediate Credit Banks:
Federal Land Banks:
Federal National Mortgage
Association:
Discount Notes.......................
Capital Debentures...................
Mtg. Backed Bonds....................
Issues to State and Local
5,332
129
39,400
1,104
200
696
Total FNMA...........................
46,861
-
-
-
-
2,960
69
1
696
3,878
District of Columbia:
Total..................................
1/
2/
3f
20
-
*
4
*
1
3
-
-
2
9
148,559
8,012
25,050
3,295
1,530
1,513
6,470
882
8,355
3,027
90,425
Securities issued b y the Treasury and Government agencies that are
classified as debt under the n e w unified budget concept.
For debt
s u b j e c t to l i m i t ation, see T a b l e FD-9.
Includes trust departments.
Included w i t h all other investors are those banks, insurance co m
panies, savings and loan associations, corporations, and State and
local g o v e r n m e n t fu n d s n o t r e p o r t i n g in the T r e a s u r y Survey., A l s o
included are certain Government deposit accounts and Governmentsponsored agencies.
_4/
5/
6/
7J
8/
*
Includes Export-Import Bank and Government National Mortgage
Association participation certificates.
In c l u d e s m a t u r e d s e curities o u t s t a n d i n g o n w h i c h interest h a s ceased.
Di r e c t plac e m e n t s (mortga g e - b a c k e d bonds) w i t h S t ate and local
govern m e n t s w i t h v a r i o u s interest r a t e s and m a t u r i t y dates.
Obligation of the Federal Home Loan M ortgage Corporation.
The capital
s t o c k o f t h e F e d e r a l H o m e L o a n M o r t g a g e C o r p o r a t i o n is h e l d b y the
twelve Federal Home Loa n Banks.
D a t a o n these s e c urities w e r e first p u b l i s h e d in the J a n u a r y 1979
Treasury Bulletin.
Less than $500,000.
76
Treasury Bulletin
MARKET QUOTATIONS ON TREASURY SECURITIES, NOVEMBER 30, 1979 ________________
C u r r e n t m a r k e t q u o t a t i o n s shown he re ar e .over-the-
listed include all regularly quoted public marketable ?ecu-
counter closing bid quotations in the Ne w York market for
rities issued by the U n i t e d States Treasury.
the last trading day of the month, as reported to the Treasury
is su ed by F e d e r a l a g e n c i e s and g u a r a n t e e d b y t he United
by the Feder al R e s e r v e Ba nk of N e w York.
States G o v e r n m e n t a r e excluded.
The securities
Securities
Table MQ-1. - Treasury Bills
Amount outstanding
(millions)
13-week
26-week
Issue
13-week
26-week
Amount
outstanding
(millions)
Bank discount
date
Maturity
date
$3,021
3.018
3.018
2,912
2,909
$2,813
3,002
2,906
3,006
3,018
9/06/79
9/13/79
9/20/79
9/27/79
10/04/79
6/07/79
6/14/79
6/21/79
6/28/79
7/05/79
12/06/79
12/13/79
12/20/79
12/27/79
1/03/80
2,856
2,918
3,127
3,124
3,113
3,034
3.024
3.024
3,026
3,022
10/11/79
10/18/79
10/25/79
11/01/79
11/08/79
7/12/79
7/19/79
7/26/79
8/02/79
8/09/79
3,122
3,118
3,216
3.014
3,017
3,009
3.014
3,‘
132
11/15/79
11/23/79
11/29/79
Bid
Change from
last month
10.65%
10.65
10.44
10.33
10.90
-1.04%
-1.02
-1.23
-1.37
-1.20
1/10/80
1/17/80
1/24/80
1/31/80
2/07/80
11.21
11.09
11.*26
11.29
11.35
8/16/79
8/23/79
8/30/79
9/06/79
9/13/79
2/14/80
2/21/80
2/28/80
3/06/80
3/13/80
3,129
3,020
3,033
3.036
3.036
9/20/79
9/27/79
10/04/79
10/11/79
10/18/79
3,143
3,140
3,128
3,126
3,111
3,222
52-week
Bank discount
Issue
date
52-week
Maturity
date
Change from
last month
Bid
$4,029
3,778
3,543
3,326
3,346
12/12/78
1/09/79
2/06/79
3/06/79
4/05/79
12/11/79
1/08/80
2/05/80
3/04/80
4/01/80
-.91
-1.04
-.85
-.83
-.89
3,020
2,762
2,788
3,389
3,545
5/01/79
5/29/79
6/26/79
7/24/79
8/21/79
4/29/80
5/27/80
6/24/80
7/22/80
8/19/80
11.48
11.43
11.23
11.24
11.18
-.55
-.66
-.89
-.90
-.77
11.43
11.45
11.49
11.43
11.40
-.81
-.78
-.75
-.85
-.85
3,556
3,454
3,903
9/18/79
10/16/79
11/13/79
9/16/80
10/14/80
11/06/80
11.12
11.05
10.87
-.64
-.58
3/20/80
3/27/80
4/03/80
4/10/80
4/17/80
11.28
11.45
11.51
11.56
11.59
-.97
-.80
-.68
-.61
-.60
10/25/79
11/01/79
11/08/79
11/15/79
11/23/79
4/24/80
5/01/80
5/08/80
5/15/80
5/22/80
11.65
11.54
11.54
11.54
11.50
-.51
-.57
11/29/79
5/29/80
11.47
-1.03%
-1.14
-.92
-.96
-.60
10.64%
11.03
11.34
11.31
11.50
Special Issue
Bank discount
Amount
outstanding
(millions)
$2,004
3,000
Issue
date
Maturity
date
11/09/79
12/03/79
4/24/80
4/24/80
Bid
Monthly
change
11.65%
11.65
— %
first traded
1/
Table MQ-2. - Treasury Notes
(Price decimals
Amount
outstanding
(millions)
$3,920
2,006
3,875
4,608
3,820
Description
7-1/8%
7-1/2
7-1/2
6-1/2
7-5/8
6,076
3,180
7,265
3,098
2,185
7-1/2
7-3/4
6-7/8
8
7-5/8
4,407
4,164
4,133
4,296
3,545
8-1/4
8-1/2
6-3/4
9
8-3/8
2,141
3,906
3,790
4,600
3,195
6-7/8
8-5/8
8-7/8
7-1/8
9-1/4
2,692
3,546
3,146
1,842
4,796
5-7/8
9-7/8
9-3/4
2,887
9-3/4
6-7/8
9-5/8
9-3/4
7-3/8
2,809
3,516
3,013
2,020
3,893
2,542
2,514
3,057
7
7-3/8
7-1/2
9-3/4
6-3/4
9-1/8
_
-
-
Footnotes at end of Table MQ-3.
Bid
are 32ds)
Yield
Price
Price range
Change
from
last
month
Issue
date
since
High
Change
from last
month
To
maturity
12.15%
12.09
12.16
12.47
12.31
-1.12%
-1.15
-.96
-.83
-1.08
1/03/78
1/06/76
1/31/78
2/15/77
2/28/78
99.25
105.04
100.02
101.12
100.06
1/04/78
12/02/76
2/01/78
4/04/77
3/22/78
96.26
97.07
96.28
95.25
96.27
1/03/79
11/10/78
1/03/79
1/03/79
1/03/79
Price
Low
Date
Price
Date
12/31/79-X
12/31/79-G
1/31/80-K
2/15/80-G
2/29/80-L
99.19
99.20
99.07
98.25
98.27
+.20
+.19
+.20
+.23
+.23
3/31/80-C
4/30/80-N
5/15/80-A
5/31/80-P
6/30/80-D
98.13
98.06
97.24
98.03
97.21
+.22
+.24
+1.00
+.31
+1.07
12.44
12.31
12.10
12.10
11.94
-.80
-.93
-1.22
-1.20
-1.45
3/17/76
5/01/78
5/15/73
5/31/78
6/10/76
105.04
99.29
103.12
99.28
105.23
12/02/76
4/25/78
12/10/76
6/08/78
12/02/76
96.16
96.27
91.16
96.25
96.10
1/03/79
12/20/78
8/23/74
10/23/79
10/25/79
6/30/80-Q
7/31/80-R
8/15/80-H
8/15/80-B
8/31/80-S
97.30
97.26
96.19
98.14
97.14
+1.02
+1.05
+1.12
+1.06
+1.07
12.05
12.03
11.93
11.37
12.07
-1.25
-1.29
-1.38
-1.39
-1.25
6/30/78
7/31/78
8/15/77
8/15/74
8/31/78
100.05
100.19
100.07
110.06
99.30
8/09/78
8/09/78
9/06/77
12/10/76
8/28/78
96.21
96.12
94.21
97.02
95.28
10/25/79
10/25/79
1/03/79
10/25/79
10/25/79
9/30/80-E
9/30/80-T
10/31/80-U
11/15/80-J
11/30/80-V
96.02
97.15
97.16
95.26
97.25
+1.11
+1.05
+1.06
+1.07
+1.13
12.01
11.92
11.85
11.91
11.68
-1.18
-1.11
-1.08
-.94
-1.27
9/14/76
10/02/78
10/31/78
11/15/77
11/30/78
103.19
99.29
99.27
99.29
100.10
12/02/76
9/21/78
10/25/78
11/15/77
7/05/79
94.10
95.27
95.27
94.00
95.30
10/25/79
10/25/79
10/25/79
10/25/79
10/23/79
12/31/80-F
12/31/80-W
1/31/81-P
2/15/81-A
2/15/81-C
94.28
98.26
98.07
95.16
95.19
+1.24
+1.22
+1.13
-1.34
-1.53
-1.15
-1.24
-1.08
12/07/76
1/02/79
1/31/79
2/15/74
2/18/75
100.11
101.08
101.04
103.28
105.08
12/03/76
7/05/79
7/03/79
+1.22
+1.16
11.05
11.07
11.43
11.09
11.39
92.18
96.19
96.08
91.14
93.17
10/25/79
10/23/79
10/23/79
8/23/74
10/23/79
2/28/81-Q
3/31/81-H
+1.14
+1.20
11.35
-1.12
11.29
-1.08
-1.11
2/28/79
3/08/77
4/09/79
4/30/79
101.06
101.28
101.02
101.12
105.08
7/05/79
4/14/78
7/03/79
7/03/79
5/15/81-D
98.06
94.22
98.00
98.00
94.26
12/12/76
96.08
92.19
96.01
96.02
92.24
10/23/79
10/25/79
10/25/79
10/25/79
10/23/79
5/15/81-M
5/31/81-T
6/30/81-J
6/30/81-U
94.30
98.01
93.22
96.31
+1.14
+1.15
+1.26
+1.15
2/02/78
7/02/79
6/28/77
6/27/79
92.26
95.28
91.04
94.22
10/23/79
10/23/79
10/23/79
10/23/79
3/31/81-R
4/30/81-S
+1.16
+1.10
+1.14
11.29
11.32
11.35
-.92
-.88
11.38
-.88
11.22
11.23
11.28
-.99
-1.06
-.91
1/26/76
2/15/78
5/31/79
6/03/77
7/02/79
99.22
101.12
100.30
100.12
11/26/76
12/02/76
December 1979
77
.MARKET QUOTATIONS ON TREASURY SECURITIES, NOVEMBER 30, 1979.
Table MQ-2. - Treasury Notes—Continued
(Price decimals are 32ds)
Yield
Price
Amount
outstanding
(millions)
Description
Bid
Change
from last
month
To
matiarity
Price range since first trade 1/
Issue
date
Change
from last
mtinth
Low
High
Price
Date
Price
Date
$3,222
9-3/8%
7/31/81-V
97.08
+1.18
11.23%
-.95%
7/31/79
100.10
8/02/79
94.29
10/25/79
2.586
4,110
3,728
2,968
3,694
7-5/8
8-3/8
9-5/8
6-3/4
8/15/81-F
8/15/81-N
8/31/81-W
9/30/81-K
9/30/81-X
94.12
95.20
97.11
92.22
98.04
+1.22
+1.20
+1.10
+1.20
11.35
11.27
11.35
11.29
11.29
-.95
-.93
-.75
-.83
-.83
7/09/76
8/15/78
'8/31/79
9/07/77
10/09/79
106.10
100.17
12/02/76
8/09/78
8/23/79
9/06/77
10/04/79
92.06
93.14
95.02'
90.07
95.22
10/23/79
10/25/79
10/23/79
10/23/79
10/23/79
10/31/81-Y
11/15/81-G
11/15/81-B
11/30/81-Z
12/31/81-L
102.04
92.24
94.04
+1.05
+1.24
-.70
-.87
-.83
104.10
106.30
101.25
99.24
11/27/79
11/26/76
12/02/76
11/27/79
12/01/77
100.02
+1.31
10/31/79
10/12/76
11/15/74
11/30/79
12/07/77
102.10
93.04
11.36
11.24
11.18
11.33
11.04
90.10
91.21
100.24
90.12
10/25/79
10/23/79
10/23/79
11/23/79
10/25/79
2/15/82-D
3/31/82-G
5/15/82-E
5/15/82-A
5/15/82-K
91.04
94.02
91.31
94.04
97.16
+2.06
10.75
10.83
10.82
10.79
10.43
-1.02
1/06/77
3/06/78
4/04/77
5/15/75
11/15/78
99.30
100.07
101.25
108.04
101.23
12/31/76
4/17/78
4/14/77
12/03/76
7/02/79
88.03
91.08
88.28
91.06
94.02
10/23/79
10/22/79
10/22/79
10/23/79
10/23/79
94.20
94.10
96.12
94.20
91.12
93.09
97.07
93-«04
96.20
92.19
+2.11
10.69
10.60
10.58
10.63
10.60
10.58
10.46
-1.01
100.07
108.20
100.05
+2.31
+3.00
10.48
10.49
»K04
-1.07
-1.05
108 r08101.26
99.29
8/09/78
12/10/76
8/07/79
9/11/78
10/06/77
12/03/76
7/02/79
12/03/767/02/79
4/17/78
91.20
91.04
92.29
91.09
87.20
89.20
93.13
lV«V7
6/07/78
8/15/75
8/15/79
9/06/78
10/17/77
11/17/75
1/02/79
2/17/76
3/05/79
4/05/78
88.20
10/22/79
10/25/79
10/23/79
10/23/79
10/23/79
10/23/79
10/23/79
10/23/79
10/25/79
10/25/79
11/15/79
7/02/79
10/10/79
11/15/76
2/15/77
103.15
95.16
99.22
104.04
101.30
11/27/79
10/09/79
10/05/79
12/10/76
6/28/77
100.03
91.21
93.30
85.23
85.30
11/07/79
10/25/79
10/25/79
10/23/79
10/23/79
99.30
101.00
100.22
102.22
92.22
85.08
87.10
99.18
87.10
10/23/79
10/25/79
10/25/79
11/28/79
10/25/79
4,454
2,543
4,477
4,844
3,452
2,697
2,853
2,613
2,747
3,556
10-1/8
12-5/8
7
7-3/4
12-1/8
7-1/4
6-1/8
7-7/8
7
8
9-1/4
+1.14
+1.20
101.12
+2.02
+2.09
+2.07
+2.10
-.97
-.95
-1.00
-.99
-1.06
100.00
99.25
99.20
2,594
2,918
3.587
2,501
2,737
2,902
3,205
8-1/4
7V 958
•S-j-
2,930
2,573
9-1/4
7-7/8
6/30/82-H
8/15/82-B
8/15/82-M
9/30/82-J
11/15/82-F
11/15/82-C
12/31/82-L
2/15/-&3-A
3/31/83-D
5/15/83-C
3,612
-3,123
‘
2,802
2,309
8,438
11-5/8
8-7/8
9-3/4
7
7-1/4
5/15/83-G
6/30/83-E
9/30/83-F
11/15/83-B
2/15/84-A
103.03
95.14
97.24
89.13
89.19
+2.23
+2.30
+2.27
+2.23
+2.27
10.53
10.44
10.48
10.33
10.37
2.587
2,863
4,203
2,506
4,837
9-1/4
7-1/4
5/15/84-C
8/15/84-B
2/15/85-A
5/15/85-C
8/15/85-B
95.30
88.25
90.24
99.21
91.01
+2.16
10.41
10.32
10.34
10.46
10.37
-.72
-.75
-.72
-.72
9/05/79
8/15/77
2/15/78
12/04/79
8/15/78
99.25
8/29/79
9/06/77
3/21/78
11/28/79
8/09/78
5/15/86-A
8/15/86-B
2/15/87-B
11/15/87-A
5/15/88-A
88.00
+2.14
+2.13
+2.05
10.48
10.41
10.47
10.33
10.37
-.55
-.53
-.45
-.48
-.53
5/17/76
8/16/76
2/15/79
11/15/77
5/15/78
107.20
108.20
101.18
99.10
89.03
12/30/76
12/30/76
7/02/79
12/21/77
11/27/79
84.18
85.06
89.12
81.24
84.02
10/23/79
10/23/79
10/23/79
10/23/79
10/23/79
11/15/88-B
5/15/89-A
11/15/89-B
4/1/80-EA
10/1/80-E0
91.02
93.21
102.08
95.10
91.08
+2.31
+2.15
-.55
-.43
+.32
+.24
10.30
10.32
10.38
16.53
12.94
11/15/78
5/15/79
11/15/79
4/1/75
10/1/75
100.07
103.06
103.04
95.10
91.08
11/17/78
7/02/79
11/27/79
11/30/79
11/30/79
86.18
89.18
98.16
74.10
72.00
4/1/81-EA
10/1/81-E0
4/1/82-EA
10/1/82-E0
4/1/83-EA
lO/l/83-EO
4/1/84-EA
10/1/84-EQ
87.18
83.30
81.08
78.12
75.14
+.35
11.88
-.30
11.47
10.82
10.53
10.42
10.24
10.14
9.96
+.01
+.10
4/1/76
10/1/76
4/1/77
10/1/77
4/1/78
87.22
84.26
82.02
79.12
76.30
9/28/79
7/31/79
7/31/79
7/31/79
7/31/79
10/1/78
4/1/79
10/1/79
74.22
72*08
70.10
7/31/79
7/31/79
9/28/79
74.16
76.20
78.00
76.14
74.06
71.14
69.12
67.16
10/25/79
10/23/79
11/07/79
4/30/75
9/30/75
5/28/76
3/31/77
3/31/77
6/30/78
6/30/78
5,219
9,515
6,238
2,387
4,148
8-1/8
9
8-3/8
7-1/8
7-7/8
9-3/8
8
10-3/8
8-1/4
7-7/8
8
9
7-5/8
8-1/4
3,445
2,628
2,414
8-3/4
9-1/4
10-3/4
2
1-1/2
1-1/2
3
*
14
*
1
*
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
88.18
92.22
85.18
88.08
72.28
70.10
68.06
+2.15
+2.20
+2.15
+2.26
+2.25
+2.30
+2.22
+2.24
+2.30
+2.12
+2.24
+.21
+.14
+. 36
+.32
+.46
+.30
+.22
1A
CA
-1.03
-1.11
-.99
-1.11
-1.10
-1.12
-.96
-1.00
-.92
-.86
-.86
+.44
+.14
-.27
-.19
-.36
-.16
-.08
—
100.02
99.15
107.20
102.01
89; 12
92.26
10/31/79
10/31/79
10/31/79
Treasury Bulletin
78
MARKET QUOTATIONS ON TREASURY SECURITIES.
NOVEMBER 30, 1979
Table MQ-3. - Treasury Bonds
(Price decimals are 32d's)
Price
Amount
out
standing
(millions)
$2,344
1,744
807
2,702
1,203
2,203
695
980
1,196
2,478
1,247
2,638
1,504
158
627
1,501
1,914
1,768
1,509
3,010
948
1,506
1,501
464
692
1,743
2,414
2,771
4,662
1,575
-M-46
4,249
1,495
2,103
5,230
4,606
2,316
1/
Description
4
%
3-1/2
7
6-3/8
3-1/4
6-3/8
3-1/4
4-1/4
6-1/8
3-1/2
8-1/4
4-1/4
7-1/4
4
6-3/4
7-7/8
7-1/2
8-5/8
8-5/8
9
4-1/8
8-3/4
10-1/8
3
7
3-1/2
8-1/2
7-7/8
8-3/8
8
8-1/4
7-5/8
7-7/8
8-3/8
8-3/4
9-1/8
10-3/8
-
-
-
-
2/15/80
11/15/80
8/15/81
2/15/82
6/15/78-83
8/15/84
5/15/85
5/15/75-85
11/15/86
2/15/90 3/
5/15/90 3/
8/15/87-92
8/15/92 3/
2/15/88-93
2/15/93 3/
2/15/93 3/
8/15/88-93
8/15/93 3/
11/15/93 3/
2/15/94 3/
5/15/89-94
8/15/94 3/
11/15/94 3/
2/15/95 3/
5/15/93-98 3/
11/15/98 3/
5/15/94-99 3/
2/15/95-00 3/
8/15/95-00 11
8/15/96-01 3/
5/15/00-05, 3/
2/15/02-07 3/
11/15/02-07 3/
8/15/03-08 3/
11/15/03-08 3/
5/15/04-09 3/
11/15/04-09 3/
Bid
98.08
93.22
93.16
91.02
82.02
86.02
76.22
77.30
83.14
76.28
87.24
77.22
79.02
77.04
76.04
82.26
79.24
88.00
87.31
90.20
77.08
88.30
99.08
77.08
76.24
77.18
86.14
80.30
85.04
82.08
83.28
78.27
85.24
84.26
88.06
91.20
102.23
Yield
Change
from
last
♦month
To first
call or
maturity
Change
from
last
month
2/
+.28
+1.12
+1.24
+2.03
+1.04
+2.25
+3.09
+1.30
+5.06
+4.18
+3.14
+3.12
+2.04
+5.10
+2.14
+2.01
+1.18
+2.08
+2.07
+1.26
+4.00
+2.11
+2.00
+5.09
+3.08
+4.22
+2.16
+1.28
+2.06
+1.26
+1.29
+1.21
+2.02
+1.30
+1.22
+1.18
—
Be g i n n i n g A p r i l 1953, pric e s are c l o s i n g b i d quotations i n the overt h e - c ounter market. P rices f o r p r i o r dates ar e the m e a n of c losing
bi d and as k quotations.
" W h e n issued" p r i c e s a re included i n the
history b e g i n n i n g O c t o b e r 1941. Da t e s of highs a n d lows in case of
recurrences are the l a t e s t dates.
Price range since first traded 1/
12.777.
10.65
11.30
11.05
9.33
10.18
8.71
9.53
9.43
6.66
10.18
6.92
10.23
6.63
10.06
10.28
10.29
10.28
10.27
10.27
6.59
10.22
10.22
5.18
9.74
5.41
10.11
10.11
10.10
10.02
10.01
9.88
9.32
9.99
10.01
10.01'
10.08
-. 587.
-.91
-.97
-.97
-.28
-.77
-.83
-.47
-1.16
-.73
-.60
-.47
-.35
-.73
-.40
-.32
-.24
-.34
-.33
-.26
-.52
-.34
-.27
-.61
-.47
-.48
-.33
-.26
-.29
-.24
“
^25
-.22
-.24
-.24
-.20
-.18
—
2/
2/
High
Issue
date
Price
1/23/59
10/03/60
8/15/71
2/15/72
5/01/53
8/15/72
6/03/58
4/15/60
11/15/71
2/14/58
4/07/75
8/15/62
7/08/77
1/17/63
1/10/73
1/06/78
8/15/73
7/11/78
10/10/78
1/11/79
4/18/63
7/09/79
10/18/79
2/15/55
5/15/73
10/03/60
5/15/74
2/18/75
8/15/75
8/16/76
5/15/75
2/15/77
11/15/77
8/15/78
11/15/78
5/15/79
11/15/79
103.18
97.24
110.02
101.14
111.28
100.10
101.04
105.28
100.20
106.26
111.05
104.10
99.10
100.11
99.22
99.22
104.14
102.15
100.13
101.17
100.26
99.15
100.18
101.12
99.22
95.14
112.16
107.04
111.16
108.10
84.14
100.28
100.23
100.06
100.20
103.13
103.11
Lo w
Date
5/12/61
5/12/61
11/15/71
3/09/72
8/04/54
12/03/76
5/11/58
5/05/61
11/05/71
4/21/58
12/31/76
12/26/62
6/29/77
1/16/63
1/04/73
12/30/77
9/28/73
9/12/78
10/13/78
7/02/79
8/28/63
7/02/79
10/17/79
6/18/55
9/28/73
5/12/61
12/31/76
12/31/76
12/31/76
12/31/76
11/27/7? _
6/28/77
11/23/77
9/12/78
11/16/78
7/02/79
11/27/79
Price
Date
71.04
66.24
91.18
86.16
62.02
82.12
61.08
66.30
76.29
59.20
83.24
63.00
75.20
62.18
72.08
79.12
76.10
84.11
84.11
87.05
61.26
85.08
95.05
59.20
72.10
59.20
82.24
77.06
81.02
78.05
J9.02
75.03
82.12
80.31
84.02
87.19
98.20
12/29/69
5/24/70
11/07/79
8/28/74
5/26/70
10/23/79
5/26/70
5/26/70
10/23/79
5/26/70
11/02/79
5/26/70
10/25/79
5/26/70
10/23/79
11/07/79
11/07/79
11/08/79
11/08/79
11/08/79
8/26/74
11/08/79
11/07/79
5/26/70
10/23/79
5/26/70
11/07/79
11/07/79
11/07/79
11/07/79
11/07/79
11/08/79
11/08/79
11/07/79
11/07/79
11/07/79
11/07/79
On callable issues ma r k e t c o nvention troats the yields to earliest
call date as m o s t s i g n ificant w h e n an issue is se l l i n g above par,
a nd to maturity w h e n it is se l l i n g at p a r or below.
Included i n the a verage y i e l d of long t e r m taxable Treasury bonds
as s h o w n und e r "Average yields of L o n g - T e r m Bonds."
YIELDS OF TREASURY SECURITIES NOVEMBER 30, 1979
Based on closing bid quotations
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
PERCENT
VO
13.0
as
VO
12.5
£>
d
0
*■*
1
12.0
§
11.5
£
11.0
10.5
10.0
1980
1981
1982
1983
1984
1985
1986
Note:The curve is fitted by eye and based only on the most actively traded issues.
Market yields on coupon issues due in less than 3 months are excluded.
1987
1988
1989
1990
VO
80
Treasury Bulletin
AVERAGE YIELDS OF LONG -TERM BONDS______________________________
Table AY-1. - Average Yields of Long-Term Treasury, Corporate and Municipal Bonds by Periods
New Aa
corporate
bonds 2/
Treasury
bonds 1/
Period
New Aa
municipal
bonds 3/
Treasury
bonds 1/
New Aa
corporate
bonds 7j
New Aa
municipal
bonds 3/
Treasury
bonds 1/
New Aa
New Aa
corporate municipal
bonds 7j bonds 3/
Treasury
bonds 1/
New Aa
corporate
bonds 7j
New Aa
municipal
bonds 3/
Monthly series - averages of daily or weekly series
1968
Aug..............
1971
Aug..............
Sept.............
6.57
6.57
6.80
6.79
7.00
7.02
4.10
4.25
4.35
4.23
4.37
4.47
5.92
5.84
5.71
5.75
5.96
5.94
7.63
7.54
7.62
7.76
8.25
8.15
5.40
5.10
5.00
5.11
5.80
5.89
6.56
6.54
6.81
7.04
7.09 4/
7.02
8.32
8.21
8.60
9.04
9.39
9.59
5.19
5.25
5.42
5.61
5.89
5.92
6.68
7.16 4/
7.20
7.13
7.17
6.99 4/
7.96
8.18
8.33
8.30
8.38
8.08
5.52
5.41
5.59
5.33
5.36
5.32
5.09
5.04
5.09
5.24
5.36
5.66
6.91
6.54
6.69
6.88
7.00
7.28
4.45
4.20
4.30
4.30
4.50
4.63
5.91
5.78
5.56
5.46 4/
5.48
5.62
8.24
8.14
7.90
7.72
7.67
7.54
5.96
5.62
5.20
4.87
4.92
5.02
7.18
7.33 5/
7.30
7.22
6.93
6.77
10.18
10.30
10.44
10.29
9.22
9.47
6.75
6.55
6.64
6.33
6.33
6.86
6.98
7.01 *5/
6.94
7.08
7.16 4/
7.24 4/
8.12
8.06
8.11
8.21
8.26
8.39
5.33
5.39
5.15
5.28
5.14
5.21
1972
Period
1978
7.29
7,33
7.76
7.54
7.62
8.04
4.75
4.80
5.10'
5.13
5.20
5.60
5.62
5.67
5.66
5.74
5.64
5.59
7,36
7.57
7.53
7.77
7.61
7.63
4.99
5.06
5.29
5.30
5.22
5.26
6.68 4/
6.66
6.77 4/
7.05
7.01 4/5/
6,86
9.17
8.84
9.48
9.81
9.76
9.27
6.50
6.30
6.69
6.85
6.96
6.59
7.51
7.60 5/
7.63
7.74
7.87
7.94 4/
8.70
8.70
8.70
8.88
9.00
9.15
5.36
5.23
5.25
5.33
5.75
5.91
6*07
6.02
6.32
6.27
6.52
6.81
8.06
8.05
8.36
8.46
8.94
9.22
5.60
5.90
6.05
5.90
6.05
6.65
5.59 4/
5.59
5.70
5.69
5.51
5.63
7.72
7.59
7.72
7.66
7.46
7.50
5.28
5.19
5.26
5.09
4.94
4.97
6.89
7.11 4/
7.28
7.29
7.21
7.17
9.56
9.71
9.89
9.54
9.48
9.59
6.70
6.88
6.91
6.79
6.67
6.62
8.10
9.27
7.88 4/5/r 8.83
7.82 4/
8.78
9*14
8.07
8.16 4/
9.30
8.36
9.30
5.97
5.81
5.61
5.76
5.81
6.08
6.86
6.44
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
5.96 4/
6.14
6.20
6.11
6.25
6.32
7.61
7.67
7.75
7.70
7.69
7.73
6.93
6.92
6.88
6.73
7.01
6.92
8.97
8.71
8.73
8.68
9.00
8.90
6.32
6.17
6.34
5.97
6.38
6.39
8.43 4/
8.43
8.45
8.44
8.55 4/5;
8.32 4/
1979
9.47
9.52
9.65
9.69
9.82
9.51
5.95
5.93
5.96
5.85
5.95
5.84
9.09
9.08
9.00
9.14
8.97
8.13
6.22
6.00
6.15
6.25
6.05
5.20
6.53
6.85 4/
6.41
6.25
6.30
6.35
7.97
8.45
8.10
7.97
7.95
8.09
4.99
5.11
5.22
5.02
5.04
5.13
5.22
5.40
4.98
4.98
5.14
4.97
6.85
6.82 4/
6.70
6.65
6.62 5/
6.38
8.76
8.59"
8.37
8.25
8.17
7.90
6.36
6.01
5.87
5.91
5.97
5.41
8.35
8.42
8.68
9.44 4/
9.80 4/
9.47
9.57
9.87
11.17
11.52
5.82
5.87
6.16
6.71
6.84
Period
Treasury
bonds 1/
5;
6.57
6.75
6.63
6.59
6.24 5/
5.97
Aug.......... .
Sept.............
Oct..............
1975
5.74
5.86
6.05
5.84
5.85
6.05
1970
Jan..............
1977
5.18
5.16
5.39
5.28
5.40
5.23 5/
1969
June.............
1974
Treasury
bonds 1/
New Aa
corporate
bonds 2/
1973
New Aa
municipal
bonds 3/
Period
Treasury
bonds 1/
1976
New Aa
corporate
bonds 2/
New Aa
municipal
bonds 3/
New Aa
corporate
bonds 2/
New Aa
municipal
bonds 31
Weekly series - avera ge for weeks ending 1979
July
5.68
5.85
5.88
Aug. 3 ....
10....
17....
24....
31....
8.41
8*36
8.39
8.43
8.51
n. a.
n.a.
5.88
5.75
Sept. 7 ....
14....
21....
28....
8.64
8.66
8.68
8.73
3
15
22
29.....
8.44
8.37
8.29
8.32 4/
8.25
9.68
9.60
9.45
9.40
9.40
11*
6
13
20
27
8.24
8.32
8.38
8.42
9.40
9.44
9.51
9.54
5.95
1/ Treasury bond yields are based on a composite of closing bid quota
2/
tions 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.
Treasury series based on reoffering yields of new corporate bonds
rated Aa by Moody's Investors Service and having an original maturity
of at least 20 years. Prior to June 1973, this series reflected bonds
without call protection. From June 1973 to July 1976, the series was
adjusted to reflect 5 years call protection. Since that time the
9.54
9.52
9.51
9.57
9.69
9.78
9.84
9.88
9.95
5.90
5.73
5.75
5.85
6.10
8.85 4/
9.28
9.51
9.87
10.49
11.12
11.51
11.55
6.48
6.75
6.85
6.82
6.05
6.40
6.17
6.13
9.96 4/
9.98
9.88
9.84
9.51
11.60
11.53
11.54
11.50
11.45
n.a.
6.70
n.a.
6.93
n.a.
30.....
series reflects bond yields regardless of the call protection offered
Index of new reoffering yields on 20 year general obligations
rated Aa by Moody*s Investors Service. Prior to June 1970, the series
was compiled by Securities Industries Association. Since then, the
series has been compile^ by Treasury.
4/ One or more new long-term bonds added to the average.
J>/ An existing bond dropped from the long-term bond average,
n.a. Not available.
3/
a v e r a g e y ie l d s o f l o n g - t e r m t r e a s u r y , c o r p o r a t e ,
AND MUNICIPAL BONDS
PERCENT
PERCENT
11.0
11.0
10.0
10.0
9.0
8.0
7.0
6.0
5.0
4.0
1969
1970
1971
19i72
1973
1974
1975
1976
1977
1978
1979
Treasury Bulletin
82
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.
all other foreigners^ which are used in the United States
balance-of-payments statistics.
Table IFS-3 presents an area breakdown of United States
liabilities to official institutions of foreign countries.
.
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,
foldings of convertible foreign currencies, and reserve po:sit ion in the International Monetary Fund.
Table IFS-4 shows United States Treasury nonmarketable
bonds anet notes issued to official institutions of foreign
countries.
Table IFS-5 sets forth the factors which affect the
United States position in the International Monetary Fund.
Table IFS-6 presents a measure of weighted-average
changes in exchange rates between the United States dollar
and the currencies of certain other countries.
Table IFS-2 brings together statistics on liabilities
jbo foreign official institutions, and liquid liabilities to
Table IFS-1. - U.S. Reserve Assets
(In millions of dollars)
Gold stock 2/
End of
calendar year
or month
Total
reserve
assets 1/
(1) “
Total 3/
Special
drawing
rights 1/ 4/
<*r ~ ,
Treasury
(2)
(3)
1969..................................
16,964
1970..................................
14,487
1971..................................
12,167
8/
10,206
1972..................................
13,151
9/
10,487
9/
10,410
9/
1,958
9/
1973..................................
.14,378
10/
11,652
10/
11,567
10/
2,166
10/
1974..................................
15,883
1975..................................
1976..................................
7/
10',367
-
2,781
11,072
10,732
851
629
3/
4/
5/
9/
8
552
10/
5
1,852
11,599
11,599
2,335
80
2,212
11,598
11,598
2,395
320
4,434
11,719
11,671
11,642
11,671
11,592
11,544
11,479
11,418
11,354
11,323
11,290
11,259
11,228
11,194
11,112
2,629
1,558
1,522
1,558
18
4,374
3,704
4,374
4,946
1,047
1,099
1,047
2,661
2,672
2,667
2,602
2,624
2,670
2,690
2,689
2,725
2,659
2,705
5,198
4,956
6,391
6,286
7,059
6,049
4,843
4,798
3,301
2,903
4,122
1,017
1,120
1,121
1,097
1,193
1,204
11,719
2/
585
465
18,747
11,671
11,642
11,671
20,023
20,023
18,534
17,994
19,261
1
11,592
11,544
11,479
11,418
11,354
11,323
11,290
11,259
11,228
11,194
11,112
Beginning July 1974, the IMF adopted a technique for valuing the
special drawing right (SDR) based on a weighted-average of exchange
rates for the currencies of 16 member countries. The United States SDR
holdings and reserve position in the IMF are also valued on this basis
beginning July 1974.
Includes gold sold to the United States by the International Monetary
Fund with the right of repurchase, and gold deposited by the Interna
tional Monetary Fund to mitigate the impact on the U.S. gold stock of
foreign purchases for the purpose of making gold subscriptions to the
Fund under quota increases. For corresponding liabilities see Table
IFS-2-.
Includes gold held by the Exchange Stabilization Fund (ESF). See
"Account of the U.S. Treasury," Table UST-3.
Includes initial allocation on January 1, 1970 of $867 million,
second allocation on January 1, 1971 of $717 million, third
allocation on January 1, 1972 of $710. million, and fourth allocation
on January 1, 1979 of 874 million (in SDR terms) of SDRs in the Special
Drawing Account in the International Monetary Fund, plus or minus
transactions in SDRs.
Includes holdings of Treasury and Federal Reserve System; beginning
November 1978, valued at current market exchange rates.
6/
2,374
8/
241
' 16,226
19,312
1/
276
1,100
2,324
1,935
11,652
18,650
17,967
18,650
20,468
20,292
21,658
21,403
22,230
21,246
Oct....... .....................
10,132
7/
Reserve
position in
International
Monetary Fund 1/ 6/
(6)
11,652
1978..................................
1978-Nov.............................
July............................
Aug.............................
(5)
11,859
1977..................................
1979-Jan.............................
Feb.............................
Foreign
currencies 5/
1,200
1,277
1,280
1,238
1,322
The United States has the right to purchase foreign currencies
equivalent to its reserve position in the Fund automatically ,if
needed. Under appropriate conditions the United States could pur
chase additional amounts related to the United States quota. See
Table IFS-5.
7/ Includes gain of $68 million resulting from revaluation of the Ger
man mark in October 1969, of which $13 million represents gain on
German mark holdings at the 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 5, Table IFS-4.
9/ Total reserve assets include increase of $1,016 million resulting
from change in par value of the U.S. dollar in May 1972, consisting
of $828 million total gold stock, $822 million Treasury gold stock,
$155 million special drawing rights and $33 million reserve position
in the International Monetary Fund.
*f0^ TotaT' freserve assets include increase of $1,436 million resulting
from change in par value of the dollar on October 18, 1973, consis
ting of $1,165 million total gold stock, $1,157 million Treasury
gold stock, $217 million special drawing rights, and $54 million
reserve position in the International Monetary Fond.
83
December 1979
.INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-2. - Selected UJS. liabilities to Foreigners
(In millions of dollars)
Liabilities to_foceign ‘
countries
Official institutions 2/
End of
calendar
year or
month
Total
Liabilities
to IMF
arising from
gold trans
actions 1/
(2)
(1)
1969 10/.
f 46,875
( 47,034
1970 10/.
J 48,152
V 48,103
1971 10/ 12/.
| 68,3.93
\ 68,720
11/
f 83,769
( 83,787
93,642
f 120,417
I 120,325
127,432
152,468
193,827
244,477
227,083
235,323
244,477
243,39C
242,18C
245,652
239,600
237,492
247,109
249,077
272,049
267,015
262,232
Total
(5)
1,019
1,019
Liabil
ities
reported
by banks
in U.S.
(4)
Market
able U.S.
Treasury
bonds
and
notes 3/
(5)
Liabilities to
other foreigners
Nonmarket
able U.S.
Treasury
bonds and
notes 4/
Other
readily
market
able
liabil
ities 5/
(8)
(7)
C6)
Liabil
ities
to
banks
6/
4,864
4,792
4,082
4,092
647
565
135
135
1,633
1,635
-
10,519
11,206
4,329
4,350
-£,747
3,750
447
447
135
153
1,974
1,969
450
450
14,925
14,925
5,130
5,130
4,705
4,705
425
425
6,032
5,602
430
8,882
8,991
8,384
8,493
498
498
10,801
13,791
16,466
19,927
10,100
12,814
14,736
16,023
701
977
1,730
2,309
53,921
57,982
59,979
18,264
18,792
19,927
15,981
16,575
16,023
2,283
2,217
2,309
1,595
1,595
8,953
8,919
8,938
8,972
8,913
9,099
57,763
58,808
67,687
66,127
71,939
78,421
21,227
21,816
22,686
23,895
23,607
23,861
15,967
16,415
15,842
17,047
16,732
16,886
2,462
2,603
2,694
2,698
2,725
2,825
2,798
2,798
4,150
4,150
4,150
4,150
6,038
8,752
8,031
7,753
8,090
7,613
7,753
7,201
6,613
6,981
7,273
6,939
6,900
9,373
9,476
9,481
9,505
75,265
97,421
91,263
88,806
24,173
24,109
24,388
24,587
17,140
17,159
17,454
17,558
2,883
2,800
2,784
2,879
4,150
4,150
4,150
4,150
7,893
8,066
8,120
8,087
306
295
3,452
3,452
544
544
-
51,209
50,651
39,823
39,162
1,955
1,955
9,431
9,534
61,526
61,526
40,093
40,093
5,236
5,236
15,747
15,747
66,861 13/ 44,233
5,701
15,564 12 / 1,363
17,985
76,816
76,823
53,196
53,203
5,059
5,059
16,339
16,339
2,222
2,222
30,575
30,367
80,712
91,975
126,080
156,818
50,461
54,956
65,822
90,944
6,671
11,788
32,165
35,912
19,976
20,648
20,443
20,970
3,604
4,583
7,650
'8,992
29,881
37,950
43,250
59,979
146,808
150,936
156,818
80,195
84,696
90,944
36,198
36,262
35,912
21,427
20,993
20,970
8,988
8,985
8,992
157,199
154,743
148,298
142,305
135,007
137,927
91,214
89,350
82,802
76,537
69,447
71,653
36,080
35,562
36,087
36,329
36,180
36,478
20,952
20,912
20,471
20,467
20,467
20,697
141,746
142,453
143,244
140,752
75,066
75,405
76,090
74,574
37,510
38,025
38,126
38,176
19,797
19,547
19,547
18,497
_
-
Note:
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
official nonreserve agencies and the inclusion of investments by
foreign official reserve agencies in debt securities of U.S. Fed
erally- sponsored agencies and U.S. corporations. Table excludes
International Monetary Fund "holdings of dollars," and holdings of
U.S. Treasury letters of credit and nonnegotiable noninterest-bearing
special U.S. notes held by< 9ther international and regional organizations.
1/ Includes liability on gold deposited by the International Monetary
Fund to mitigate the impact on the U.S. gold stock of foreign pur
chases for gold* subscriptions to the Fund under quota increases,
and U.S. Government obligations at cost value and funds awaiting
investment obtained from proceeds of sales of gold by the Inter
national Monetary Fund to the United States to acquire income-earning
assets.
13/
2/ Includes Bank for International Settlements and European Fund.
3/ Derived by applying reported transactions to benchmark data.
5/ Excludes notes issued to foreign official nonreserve agencies.
5/ Includes debt securities of U.S. Government corporations, Federally-sponsored agencies, and private corporations.
6/ Includes liabilities payable in dollars to foreign banks, and
liabilities payable in foreign currencies to foreign banks and to
"other foreigners."
7/ Includes marketable U.S. Government bonds and notes held by foreign
banks.
8/ Includes nonmarketable U.S. Government bonds and notes held by
-
-
9/
10/
11/
12/
p.
(13)
17,303
17,335
20,028
20,028
-
(12)
1,548
1,552
23,786
23,775
-
(U)
If
135* 11
135
566
566
-
( m
Nonmarket
able U.S.
Treasury
bonds and
notes 8/
525
525
3,070 11./
3,070
-
Market
able U.S.
Gov't,
bonds
and notes
3/ 7/
4,639 111/ 3,979
4,104
£>764
346
346
_
_
0)
Liabil
ities
reported
by banks
in U.S.
23,694
23,701
15,975 1 ./ 12,559
15,998
12,582
1.3/
Total
Liabilities
to nonmone*tary in
ternation
al and re
gional or
ganizations
-
-
2,188
2,206
2,764
4,144
4,144
foreign banks.
Principally the International Bank for Reconstruction and Development,
the Inter-American Development Bank and the Asian Development Bank.
Data on the two lines shown for this date differ because of changes
in reporting coveragei^Figures on the first line are comparable in
coverage to those shown for the preceding date; figures on the second
line are comparable to t&ose shown for the following date.
Includes increase in dollar value of foreign currency liabilities
resulting from revaluation of the German mark in October 1969, as
follows: column 6, $101 million; column'12, $10 million.
Data on the second line differ from those on the first line because
certain accounts previously classified as "official institutions"
are included with "banks"; a number of reporting banks are included
in the series for the first time; and foreign currency liabilities
are increased in value to reflect market exchange
rates as of December 31, 1971, as follows: U.S. Treasury certificates,
$7 million; nonmarketable U.S. Treasury bonds and notes, column 6,
$103 million and column 12, $18 million.
Includes $162 million increase in dollar value of foreign currency
liabilities to official institutions of foreign countries revalued to
reflect market exchange ratefe, ats follows: short-term liabilities,
$15 million; and nonmarktetable U.S. Treasury notes, $147 million.
Preliminary
Treasury bulletin
INTERNATIONAL FINANCIAL g'TA'TTQwa
Table IFS-3. - U.S. Liabilities to Official Institutions of Foreign Countries, by Area
(In millions of dollars)
End of
calendar year
or month
1969 3/,.......................
1970 3/........................
Total
foreign
countries
(1)
f 15,9.75 4/
{ 15,998 4/
f
(2)
(3)
7,074 4/
7,074 4/
1,624
1/624
Asia
Other
countries
2/
(7) _____
291
291
Africa
(5)
4,552
4,552
(6) _
1,888
1;911
546
546
13,620
13,615
2,951
2,951
;
1,681
1,681
4,713
4,708
407
407
f 51,209
V. 50,651
30,010
30,134
3,980
3,980
,
1,414
1,429
14,519
13,823
415
415
871
870
1,733
2,544
4,419
4,419
17,577
10,887
18,619
18,626
777
788
3,161
3,161
2,963
3,025
2,627
2,627
1972...........................
1973..’
...... '..................'
1974.......... ................
11
Latin American
and Caribbean
Republics
(4)
Canada
23,786
23,775
\
1971 3/ 5/.....................
Western
Europe
/
\
61,526
66,861 6/
76,816
76,823
34,197
45,764
44,328
44,328
6/
4,279
3,853
3,6623,662
j
'
;
414
413
1975...........................
1976...........................
1977...........................
1978v.......... '...............
1978-Oct. .............. •••••••
Nov......................
Dec......................
80,712
91,975
126 *080
156,818
146,808
150,936
156,818
45,701
45,882
70,748
92,989’
85,164
88,460
92,989
3,132
3,406
J-t 334
*2,486
2,619
2,446
2,486
4,448
4,906
4.633
5,037
*t,bl9
4,498
5,037
22,551
34,108
45,676
53,109
51,464
52,417
53,109
2,983
1,893
1,742
2,443
2,184
2,301
2,443
1,897
1,782
947
754
758
814
754
1979-Jan......................
Feb......................
Mar......................
Apr....... ..............
May......................
June................... ..
157,199
154,743
148,298
142,305
135,007
137,927
94,480
92,890
90,304
85,198
81,025
83,523
2,150
1,908
3,088
3,044
1,993
1,979
4,337
4,355
4,203
4,653
4,779
4,546
2,299
2,371
2,135
2,529
2,604
2,614
141,746
142,453
143,244
140,752
86,630
86,505
87,074
85,491
2,116
2,185
2,412
1,954
5,380
4,484
4,878
4,526
53,393
52,363
47,876
46,028
43,749
44.,48.4
44,296
45,634
45,920
45,786
540
856
692
853
857
781
706
426
447
412
July , ........... .
Notes Data represent short-term and long-term liabilities to the offi
cial institutions of foreign countries, as reported by banks in the
United States; foreign official holdings of marketable and nonmarket
able U.S. Government securities with an original maturity of more
than one year except for nonmarketable notes issued to foreign offi
cial nonreserve agencies; and investments by foreign official reserve
agencies in debt securities of U.S. Government corporations,
Federally-sponsored agencies, and private corporations:
agencies in debt securities of U.S. Government corporations,
1/ Includes Bank for International Settlements and European Fund.
2/ Includes countries in Oceania, Eastern Europe and Western European
dependencies in Latin America.
3/ Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the first ling are comparable in
2,618
3,219
2,513
2,583
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
4/ Includes $101 million increase in dollar value of foreign currency
liabilities due to revaluation of the German mark in October 1969.
5J Data on the second line differ from those on the first line because
certain accounts previously classified as "official institutions" are
included With "banks"; a.number of reporting banks are included in the
series for the first time; and U.S. Treasury liabilities payable in
foreign currencies to official institutions of foreign countries are
increased in value by $101 million to reflect market exchange rates
as of December 31, 1971.
6/ Includes $162 million increase in dollar value of foreign currfe«jfey
liabilities revalued to reflect market exchange rates,
p
Preliminary.
December 1979
85
_______INTERNATIONAL FINANCIAL STATISTICS^— .
Table IFS-4. - Nonmarketable U.S. Treasury Bonds and Notes
Issued to Official lastitetiew and Other Residents of Foreign Countries
(In millions of dollars or dollar equivalent)
End of
calendar
year or
month
>
*
. Payable in dollars
Grand
total
Total
s
(2)
(1)
Switzer
land
(4)
Germany
(3)
1969................................
1970................................
1971................................ .
1972................................
1973................................
1974................................
1975................................
1976................................
1977................................
3,316 3/
3,698
9,809 5/
15,872
15,669 6/
16,339
19,976
20,648
20,443
1,431
2,480
7,829
14,333
14,210
14,867
18,377
19,102
19,274
5,000
11,315
11,670
12,327
16,277
16,879
17,467
_
573
506
1978................................
22,565
20,993
22,565
20,624
20,639
20,624
17,467
17,467
17,467
2,707
2,722
2,707
23,750
23,710
24,621
24,617
24,617
24,847
20,606
20,592
20,468
20,467
20,467
20,697
17,467
17,467
17,467
17,467
17,'46>
17,467
2,689
2,675
2,551
2,550
2,550
2,780
23,947
23,697
23,697
22,647
23,106
19,797
19,547
19,547
18,497
17,837
17,467
17,267
17,267
17,267
17,007
1,930
1,930
1,930
930
630
1978- Nov...........................
1979-Jan,..........................
Feb...........................
Apr...........................
May...........................
June..........................
July..........................
End of
calendar
year or
month
Other
Europe 1/
(5)
167
57
54
42
_
...
-
Total
Germany
(8)
]
Switzerland
(10)
(9)
1,129
2,289
2,640
2,840
2,540
2,540
2,100
1,650
700
135
135
135
135
600
450
_
450
450
450
450
450
450
450
450
-
400
350
350
300
200
'
3,144
3,118
4,153
4,150
4,150
4,150
1,595
1,595
2,947
*2,947
2,947
2,947
7/
7/
7/
7/
7/
7/
1,549
1,523
1,206
1,203
1,203
1,203
4,150
4,150
4,150
4,150
5,269
2,947
2,947
2,947
2,947
4,066
7/
7/
7/
2/
7/
1,203 9/
1,203 9/
1,203 9/
1,203 9/
Note:
For further information, see "Public Debt Operations",
Tables PDO-8 and 9.
1/ Includes notes issued to the Government of Italy in connection with
military purchases in the United States.
2/ Includes bonds issued to the Government of Canada in connection with
transactions under the Columbia River Treaty. Amounts outstanding
were $84 million through September 1969; $54 million, October 1969
through September 1970; and $24 million, October 1970 through
October 1971.
3/ 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.
4/ Includes nonmarketable Treasury notes amounting to $125 million
-
1,595 7/
1,595 7/
Other
Europe
125
1,941
354
1,941
Oct............................
(7)
(6)
(11)
1978................................
July...........................
1,219 3/ 4/
677 4/
765 4/
306
541
541
1,2151,233
1,459
1,472
1,599
1,546
1,169
1,885 3/
1,218
1,980 5/
1,539
1,459 6/
1,472
1,599
1,546
1,169
May....... ....................
Asia
•
Payable in foreign currencies
1969................................
1970................................
1971...... .........................
1972................................
1973................................ i
1974................................
1975................................
1976................................
1977................................
1979-Jan............................
Feb............................
Mar............................
Canada 2/
—
-
-
346
354
346
8/
8/
8/
9/
9/
9/
_
-
-
-
1,203 9/
equivalent held by a group of German commercial banks from June 1968
through November 1972. The dollar value of these notes was
increased by $10 million in October 1969, and by $18 million as of
December 31, 1971. See also footnotes 7 and 8, Table IFS-1.
5/ Includes $106 million increase in dollar value of foreign currency
obligations revalued to reflect market exchange rate as of December
31, 1971. See also footnote 8, Table IFS-1.
6/ Includes $15 million increase in March and $132 million increase in
April in dollar value of foreign currency obligations revalued to
reflect market exchange rates.
7/ Notes publicly issued to private German residents.
8/ Includes $1,203 million of notes publicly issued to private Swiss
residents.
9/ Notes publicly issued to private Swiss residents.
Treasury Bulletin
_ _
INTERNATIONAL FINANCIAL STATISTICS _ _ _ _
Table IFS-5. - U.S. Position in the International Monetary Fund
(In millions of dollars)
Transactions affecting IMF holdings of dollars
during period
Calendar year
or month'
U.S. transactions with IMF
Pay
Net
ments of gold
-sut*-*
sales
scripby IMF
tion"in^
1/
dollars
(2)
(1)
1969...........................
1970...........................
1971...........................
1972...........................
1973.......... % ...............
1974...........................
1975............. : ............
1976...........................
19?7...........................
_
1,155
541 7/
754 7/
-
1978...........................
1978-Nov......................
2,110
_
_
1979-Jan......................
Mar......................
May......................
June.....................
July.....................
Sept.....................
Nov......................
22
712 6/
*
10
218
233
21
86
22
21
21
21
21
20
20
20
20
20
20
Net
borrow
ings by
IMF 2/
' (3)
_
670
-751
-385
- _
-
Trans -\
actions
in
foreign
currenjcies 3/
(4) .
IMF holding *
of dollars at
ena oi petiuu
Transaction by
other countries
with IMF
IMF net
income
in
dollars
Purchases
of
dollars 4/
(5)
(6)
19
25
-28
-47
-33
-59
-219
-572
-628
-1,343
-854
-24
268
741
40
-
-
-
-1,073
-442
-2,078
-1,779
'-1,157
-86
-168
150
1,36$!
200
1-133
3,000
-631
3,000
-114
-8
-6
-119
-24
-9
- . -121
-*
-10
-8
-96
-8
-9
-81
Note:
The initial U.S. quota in the International Monetary Fund was
$2,750 million. The U.S. quota was increased to $4,125 million in
1959, $5,160 million in February 1966, and $6,700 million in December
1970, and revalued to $7,27% million in May 1972 and $8,083 million
in October 1973 as a result of changes in the par value of the dollar.
In April 1978 the U.S. quota was increased in SDR terms from 6,700
million to 8,405 million.
1/ Represents net Fund sales of gold to acquire U.S., dollars for use in
Fund operations. Does not include transactions in gold relating to
gold deposits or gold investment (see Table IFS-2).
2/ Represents net loans made to the IMF under the General Arrangements
to Borrow.
3/ Positive figures represent purchases from the Fund of currencies of
other members for equivalent amounts of dollars; negative figures
represent 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 and equivalent
amount.
4/ Beginning January 1970, includes dollars obtained by countries other
than the United States from sales of gold to the Fund.
5/ Represents the United States reserve tranche position in the Fund (the
United States quota, plus net U.S. loans.to the IMF, minus 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 related to the United States quota.
6/ Includes $30 million of special drawing rights.
7/ Represents amount paid in dollars to the Fund to maintain the
value of Fund holdings of U.S. dollars.
-132
-214
-272
-179
-269
-125*
-454
-118
-169
-111
-45
8/
TcTtal
change
Amount
Percent
of
U.S.
quota
(8)
(9)
(10)
195
426
1,893
-1,034
1,929
1,350
694
721
-1,265
-466
-2,214
376
2,836
4,765
6,115
6,810
7,531
6,265
5,800
3,587
3,963
55
71
91
94
93
78
72
44
49
2,324
1,935
585
465
552
1,852
2,212
4,434
4,946
2,783
91
168
5,588
2,912
-307
9,551 8/
9,858 8/
9,551 8/
90
93
90
1,047 9/
1,099 9/
1,047 9/
132
214
272
179
269
125
455'
115
171
111
45
16
-98
-3
12
-100
10
13
-79
14
11
-61
9,567
9,469
9,466
9,478
9,378
9,388
9,401
9,322
9,336
9,347
9 286
91
90
90
90
89
89
89
88
88
89
85
1,017
1,120
1,121
1,097
1,193
1,204"
1,200
1,277
1,280
1,238
1,322
Repur
chases
1 in'
| dollars
. (7)
............530
1978-No v
D e c ......................
1979-Ja n
............132
F e b . . . , .................
M a r ......................
18
A p r ...................... ............107
M a y ......................
28
J u n e .....................
J u l y .....................
A u g ......................
1
S e p t .....................
O c t ...................... ............238
N o v ......................
-
as follows
Payable to
the IMF
235
27
166
70
- *
130r
165
Includes valuation adjustments on net borrowings by the IMF due to
changes arising from fluctuations in the dollar value of the IMF*s
unit of account (SDR), for each month as follows (in millions of
dollars):
Increase 6r
Decrease (-)
1978 -Nov...................
Dec......... ..........
*
r
8/
8/
8/
8/
8/
8/
F/
8/
8/
8/
8/
(U)
Excludes currency valuation adjustments for each month
(in millions of dollars):
Payable to
the U.S.
9/
U.S.
reserve
position
in IMF
at end ofperiod
5/
Less than $500,000.
Revised.
-23
6
December 1979
87
TMTPVRNATTfVMAT. FINANCIAL STATTSTTriS
________
Table IFS-6. - Weighted-Average of Exchange Rate Changes for the Dollar
(Percent change relative to exchange rates as of end-May 1970)
Trade-weighted average appreciation (+)
or depreciation (-) of the U.S. dollar 1/
Vis-a-Vis
End of calendar
year or month
Currencies of
OECD countries 2/
1970.
1971.
1972.
1973.
1974.
1975.
1976.
1977.
1978.
1978-
-2.0
-0.9
-4.8
-4.9
-9.6
-9.6
-4.6
-1.0
-1.0
-4.9
-8.2
-9.4
-14.6
-16.0
-10.9
-10.3
-14.6
-21.6
1979
Feb............................................
July#** . . . . . .
......
•.-.•«•«••••
Oct .p........... ............ ................
Nov ...........................................
1/
Currencies of 46 main
trading countries 3/
-19.5
-21.5
-3.0
-4.1
-19.3
-19.7
-19.7
-18.2
-17.6
-19.1
-19.3
-19.1
-20.6
-16.1
-17.1
-1.9
-2.4
-1.7
-0.1
+1.1
+0.1
40.3
40.6
40.5
+4.4
+3.9
Equation two is used to calculate a trade-weighted average of changes
in the foreign exchange cost of dollars:
This table presents calculations of weighted average percentage changes
in the rates of exchange between the dollar and certain foreign curren
cies, in order to provide a measure of changes in the dollar's general
foreign exchange value broader than a measure provided by any*single
exchange rate change. Calculations are provided for two sets of
countries that account for a major share of U.S. foreign trade. U.S.
bilateral trade patterns in 1972 are used as a convenient, readily
available proxy for the assignment of relative weights to individual
exchange rate changes, though such weights do not provide a full
measure of individual currencies* relative importance in U.S. inter
national transactions because they take no account of factors other
than trade. The calculations do not purport to represent a guide to
measuring the impact of exchange rate changes on U.S. international
transactions.
Exchange rate data used in constructing the indices reported here differ
somewhat from those used in earlier calculations to more accurately
reflect end-of-period currency values.
(E Q 2 )
W h e re :
W h e re :
S (A $ / fci
2/
3/
i , as
fro m
[ ( E m * m / m + x )* ( -l) ]
+
tEx
and
p
* x/m +x]
m /m + x i s . U . S . i n p o r t s a s a p r o p o r t i o n
o f i t s t o t a l t r a d e w it h a l l c o u n t r ie s
t h e s e t ; and
x/m +x i s U .S . e x p o r t s a s
i t s t o t a l t r a d e w it h a l l
se t.
A $ / fc i i s th e p e rc e n t ch an ge in th e d o lla r
c o s t o f f o r e ig n c u rr e n c y i ; and
co u n try
im p o r ts
E *
W h e re :
* M i/ Z M )
M ^/SM i s U . S . i m p o r t s f r o m
a p r o p o r t io n o f t o t a l U .S .
a l l c o u n t r ie s in th e s e t .
E x i s t h e w e ig h t e d a ^ se ra g e o f p e r c e n t a g e
ch a n g e s in th e fo r e ig n c u rr e n c y c o s t o f
d o lla r s ?
Equation three combines the above export-weighted and import-weighted
averages to provide an overall measure of exchange rate change:
(E Q 3 )
E m i s t h e w e ig h t e d a v e r a g e o f p e r c e n t a g e
ch a n ges in th e d o lla r c o s t o f in d iv id u a l
fo r e ig n c u r r e n c ie s ;
* X i/ E X )
X i/ lX i s U .S . e x p o rts to c o u n try i , a s
a p r o p o r t io n o f t o t a l U .S . e x p o r t s t o
a l l c o u n t r ie s in th e s e t .
Equation one is used to calculate a trade-weighted average of changes
in the dollar cost of foreign currencies:
Em =
I ( A f c ±/$
A f c j/ $ i s th e p e r c e n t ch a n g e in th e
fo r e ig n c u rr e n c y i c o s t o f d o lla r s ;
The equations used are as follows:
(E Q 1 )
Ex £
a p r o p o r t io n
c o u n t r ie s in
in
of
th e
Australia, Austria, Belgium-Luxembourg, Canada, Demark, Finland, France
Germany, Greece, Iceland,. Ireland, Italy, Japan, the Netherlands,
New Zealand, Norway, Portugal^ Spain, Sweden, Switzerland, Turkey,
United Kingdom.
The currencies of 46 IMF member countries which account for approximately
907o of U.S. total trade,
Preliminary.
88
Treasury Bulletin
CAPITAL MOVEMENTS,
Background
Data relating to capital movements between the United
States and foreign countries have been collected since 1935
under Treasury regulations pursuant to Executive Orders Nos.
6560 of January 15, 1934 and 10033 of February 8, 1949, and
the International Investment Survey Act of 1976.
Reports
are filed with Federal Reserve Banks by banks, bank holding
companies, securities brokers and dealers, and nonbanking
enterprises in the United States. Statistics on the princi
pal types of data and the principal countries are then con
solidated and are published in the monthly Treasury Bulletin.
The reporting forms and instructions 1/ used in the Trea
sury International Capital (TIC) Reporting System have been
revised a number of times to meet changing conditions and to
increase the usefulness of the published statistics. Recent
revisions to the reporting forms are part of a broad program
conducted over the past several years to ensure the adequacy
of the Treasury capital movements statistics for analysis and
policy formulation with respect to the international financial
position of the United States and on movements of capital be
tween the United States and foreign countries. Revised forms
and instructions are developed with the cooperation of other
Government agencies and the Federal Reserve System and in con
sultations with representatives of banks, securities firms and
nonbanking enterprises.
The most recent revisions of the TIC B-series Forms, filed
by banks and some brokers in the United States, became effec
tive with reports as of April 30, 1978; new data series were
introduced in the July 1978 Treasury Bulletin. Substantial
revisions of the C-series Forms, filed by nonbanking enter
prises, were effective with reports as of December 31, 1978;
the new data series are shown beginning with the June 1979
issue. Major revisions of the TIC Forms that affect the
format and coverage of the current Capital Movements tables
are noted under '‘
Description of Statistics" below.
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 domiciled
abroad, and the foreign branches, subsidiaries and offices of
United States banks and business concerns; the
cefitr&l
governments, central banks and other official institutions of
foreign countries, wherever located; and international and
regional organizations,' wherever located. The term "for
eigner" also includes persons in the United States to the
tent that they are known by reporting institutions to be act
ing on behalf of foreigners.
In general, data are reported opposite the foreign
country 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 are reported
generally in the Treasury statistics as liabilities to foreign
banks, whereas the liability of the foreign bank receiving the
deposit may be to foreign official institutions or residents
of another country.
Data pertaining to branches or agencies of foreign
official institutions are reported opposite the country to
which the official institution belongs. Data pertaining to
international 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
Europe."
Geographical Classification
A number of changes in geographical classification were
introduced for most Capital Movements tables in the July 1978
issue. Several countries formerly included in "Eastern
Europe" and in "Other Latin American Republics" are
shown
separately in the country list as well as a new category in
the International and Regional grouping for "Middle Eastern
Regional" in view of the proliferation of regional financial
organizations, primarily in the Arab States. The remaining
countries in the categories "Other Eastern Europe" and "Other
Western Europe" were combined into a single "Other Europe"
category; and the heading, "Latin America"
»*as
retitled
"Latin America and Caribbean." To the extent possible, the
statistics for earlier dates have been adjusted in accord
ance with the revised country stub.
Reporting Coverage
Reports are required from banks, bank holding companies
securities brokers and dealers, and nonbanking
enterprises
in the United States, including the branches, agencies, sub
sidiaries, and other affiliates in the United States of for
eign firms.
Institutions that have reportable liabilitities, claims, or securities transactions below specified ex
emption levels are exempt from reporting.
Banks file reports monthly covering their dollar
lia
bilities to, and dollar claims on, foreigners in a number of
countries. Twice a year as of June 30 and December 31, they
also report the same liabilities and claims items with respect
to' foreigners in countries not shown separately on the monthly
reports. Beginning with reports due as of June 30, 1978,
banks also- report quarterly their liabilities and
claims
vis a vis foreigners that are denominated in foreign
cur
rencies. The specified exemption level applicable to
the
monthly reports is $2 million and is based on the average
for the report dates during a six-month period,
including
the current report date. There are no separate exemption
levels for the quarterly and semiannual reports.
Banks, securities brokers and dealers, and in some in
stances, nonbanking enterprises, report monthly their transac
tions in securities with foreigners; the applicable exemption
level is $500,000 on the grand total of purchases and on the
grand total of sales during the month covered by the report.
Quarterly reports are filed by exporters, importers,
industrial and commercial concerns, financial institutions
other than banks and brokers, and other nonbanking enterprises
if their liabilities or claims, on the six-month average
basis, are $2 million or more. Beginning December 31, 1978,
these firms also report for each month-end their U.S. dollardenominated deposit and certificate of deposit claims on banks
abroad of $10 million or more.
Description of Statistics
Section I presents data in four tables on liabilities to
foreigners reported by banks in the United States. Beginning
April 1978, amounts due to banks’own foreign offices are shown
separately; the previous distinction between short-term and
long-term liabilities has been eliminated; there is a sepa
ration of the liabilities of the reporting banks themselves
from their custody liabilities to foreigners; and foreign
currency liabilities are only reported quarterly. Also,
beginning April 1978, the data on liabilities are more com
plete by extending to securities brokers and dealers the
requirement to report certain of their own liabilities and
all of their custody liabilities to foreigners.
Table CM-I-1, showing total liabilities by type of foreign
holder, combines liabilities previously shown separately as
either short-term or long-term. Table CM-I-2, Parts A and B,
on foreigners* holdings of liabilities by type, shows total
bank reported liabilities payable in dollars. Table CM-I-3
presents total liabilities by country for recent periods and
includes the long-term data previously shown separately w h e r e
as CM-I-4, covering total liabilities by type and country
for the most recent month, includes several data items not
reported separately prior to April 1978.
The liabilities
data on supplementary countries previously presented in Table
CM-1-5 now appear in Table CM-III-1. (See Section III below.)
89
December 1979
CAPITAL MOVEMENTS
Section II presents the claims on foreigners reported by
banks in the United States. Beginning with data reported as
of the end of Apxil 1978, banks'claims held for their own acacount are reported separately from claims held for their domes
tic customers. The former are available in a monthly series
whereas the latter data are collected on a quarterly basis
only. Also, there is no longer a breakdown available on the
long-term and short-term components of banks' claims. Matu
rity data are collected quarterly on a time remaining to matu
rity basis as opposed to the historic original maturity clas
sification. Foreign currency claims are also collected only
on a quarterly basis.
Table CM-II-1 presents total claims by type as reported
on the old B-series Forms and has been revised to include the
long-term claims components formerly published separately.
Table CM-II-2, showing total claims by type, is based on the
revised banking reports. Table CM-II-3, which represents
total claims by country, merges the previously reported short
term and long-term claims data from old CM-II-2 and CM-II-5.
New Tables CM-II-4 through CM-II-7 are based on the revised
reports and replace the previous tables which showed short
term and long-term claims separately.
Another important change in the claims reporting, begin
ning with new quarterly data as of June 30, 1978, is the
adoption of abroadened concept of "foreign public borrower,"
which replaces the previous category of "foreign official
institution" to produce more meaningful information on lending
to the public sector of foreign countries. The term "for
eign public borrower" encompasses central governments
and
departments of central governments of foreign countries and
of their possessions; foreign central banks, stabilization
funds, and exchange authorities; corporations and
other
agencies of central governments, including development banks,
development institutions and'other agencies which are
majority-owned by the central government or its departments;
State, provincial and local governments of foreign countries
and their departments and agencies; and any international or
regional organization or subordinate or affiliated
agency
thereof, created by treaty q x convention between
sovereign
states.
'
Section III includes two supplementary tables on U #S.
banks' liabilities to, and claims on, foreigners.
Table
CM-III-1 summarizes dollar liabilities to, and banks' own
dollar claims on, countries and areas not regularly reported
separately. Beginning with reports due as of June 30, 1978,
these data are collected semiannually.
Previously, the
semiannual reports were addressed to liabilities items only
and were reported as of April and December; however, they
are now collected as of the end of June and December. Table
CM-III-2 presents data on U.S. banks' loans and credits to
nonbank foreigners, based on the TIC reports and on
the
monthly Federal Reserve 2502 reports submitted for foreign
branches of U.S. banks.
Sections IV and V, respectively,’
show t£e liabilities to,
and claims on, unaffiliated foreigners by exporters,importers,
industrial and commercial concerns, financial institutions
other than banks and brokers, and other nonbanking enterprises
in the United States. The data exclude the intercompany
accounts of nonbanking 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 enterprises to the Department of Commerce on
its
direct investment forms.) The data also exclude claims held
through banks in the United States.
Beginning with data
published in June 1979 (reported as of December 31, 1978),
1/
there is separation of the financial liabilities and claims
of reporting enterprises from their commercial liabilities
and claims; and items are collected on a time remaining basis
instead of the prior original maturity basis. In addition,
the number of reporters increased somewhat as a result of a
broad canvass of prospective reporters undertaken in
late
1978.
In Section IV, Table CM-IV-1 combines liabilities
previously shown as either short-term or long-term in old
Table CM-IV-1; Table CM-IV-2 combines
these
short
term and long-term liabilities by country and replaces pre
vious Tables CM-IV-2 and CM-IV-4. Table CM-IV-3, covering
total liabilities by type and country for the most recent
quarter-end, includes several items not reported separately
prior to December 1978.
The tables in Section V have been extensively revised
to reflect the changes in data collection format outlined
above and the elimination of a monthly form that covered
nonbanking enterprises' liquid claims on foreigners.
Spe
cifically,
Table CM-V-1 combines short-term and long-term
claims; Table CM-V-2 shows total claims by country and re
places former Tables CM-V-2 and CM-V-7.
Current Table CMV-3 shows total claims by type and country and includes
items that were not reported separately prior to end-year
1978. Tables CM-.V-4, CM-V-5 and CM-V-6 no longer appear.
Section VI contains data on transactions in all types
of long-term domestic and foreign securities by foreigners
as 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 are shown in the "International Financial
Statistics" section, Table IFS-4). The data cover new issues
of securities, transactions in outstanding issues, and redemp
tions pf securities. They include transactions executed
in
the United States for the account of foreigners, and trans
actions executed abroad for the account of reporting insti
tutions and their domestic customers. The data include some
transactions which are classified as direct investments in
the balance of payments accounts. The data exclude secur
ities issued abroad by foreign subsidiaries of U.S. cor
porations, some of which are treated in the balance of pay
ments 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 1969, transactions between foreigners in new issues
not offered for sale to United Spates residents but managed by
underwriters in the United Stages are excluded from the gross
figures.
The data published in these sections do not cover all
types of reported capital movements between the United States
and foreign countries. The principal exclusions are the
intercompany capital transactions of business enterprises in
the United States with their own branches and subsidiaries
abroad or with their foreign parent companies, and capital
transactions of the United States Government. Consolidated
data on all types of international capital transactions are
published by the Department of Commerce in its regular reports
on the United States balance of payments.
Copies of the reporting forms and instructions may be obtained from the Office of Statistical
Reports, Office of the Assistant Secretary for International Affairs, Department of the
Treasury, Washington, D.C. 20220, or from Federal Reserve Banks.
Treasury Bulletin
90
______________________ CAPITAL MOVEMENTS_______________________
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-1. - Total Liabilities by Type of Holder
(In millions of dollars)
Foreign countries
End of
calendar year
or month
Total
liabili
ties
Official institutions 1/
Total
(1)
f
(2)
Payable
in dollars
(3)
International and regional 2/
Banks and other foreigners
' Payable
in foreign
currencies
(4)
Payable
in dollars
Total
(5)
(6)
Payable
in foreign
currencies
(7)
Total
Payable
in dollars
(8 )
(9)
Payable
in foreign
currencies
(10 )
_
1969 3/
42,530
1 42,690
12*559
12,582
12,356
12,379
203
203
27,673
27,806
27,446
27,579
227
227
2,298
2,302
4,^
4/
2,298
2,302
1970 3/.............
f^ 43,464
43,422
20,028
20,028
19,880
19,880
148
148
21,385
21^427
21,164
21,207
221
220
2,009
2,009
4j^
4/
2*009
2,009
-
39,823
39,162 5/
39,665
38,988 5/
158
165 6/
14,267
14,956 5/
14,019-'
14,70# 5/
248
248
2,217
2,213
4/
4/
2,217
2,213
-
1971 3/
f 56,306
( 56,331
-
_
1972................
61,689
40,093
39,922
171
19,629
19,283
346
1,968
1,968
-
1973................
70,535
44,233
44,105
127 7/
23,587
23,117
468
2,716
2,716
f 96,128
96,056
-
53*19fr
53,203
53,069
53,076
127 7/
127 7/
38,959
38,860
38,320
38,221
639
639
3,973
3,992
3,973
3,992,
1975......... ......
96,147
50,461
50,461
-
39,982
' 39,430
552
5,704
5,696
8
1976................
111,430
54,956
54,956
-
50,764
49,987
777
5,710
5,705
5
1977................
127,065
65,822
65,822
-
57,985
57,071
914
3,256
3,245
11
1978...............
169,576
90,944
90,688
256
76,002
73,781
2,221
2,631
2,617
14
69,902
74,557
76,002
73,730'
"75,223
83,529
83,174
88,671
95,307
92,405
114,580
108,717
106,364
68,141
72,796
73,781
1,761 8 /
1,761 8 /
2,939
2,236
2,631
2,929
2,225
2,617
10 8 /
10 8/
14
71,509
73,002
81,768
81,411
86,910
93,352
90,449
112,624
106,408
104,056
2,221 8 /
2,221 8 /
2,331
2,109
2,384
2,319
2,776
2,858
3,445
3,469
2,923
2,403
2,317
2,095
2,364
2,300
2,757
2,851
3,437
3,462
2,909
2,389
14
14
19
19
19
7
7
7
14
14
1974 3/
1978-Oct...........
Nov....... .
Dec............
153,036
161,488
169,576
80,195
84,696
90,944
80,186
84,392
90,688
9
304
256
1979-Jan...........
Feb...........
Mar...........
Apr...........
May............
June..........
167,274
166,681
168,714
162,028
160,894
169,818
91,214
89,350
82,802
76,537
69,447
71,653
91,027
89,194
82,802
76,537
69,447
71,653
187
156
July..........
170,916
193,454
187,730
183,341
75,066
75,405
76,090
74,574
75,066
75,405
76,090
74,574
_
-
-
Note: Total liabilities include liabilities previously classified
as either "short-term'* or "long-term" on the Treasury reports
filed by banks. The maturity distinction was discountinued with new
reports filed as of April 30, 1978, and the historical series
adjusted accordingly. See introductory^ text to Capital
Movements tables for discussion of changes in reporting.
1/
Includes Bank for International Settlements and European Fund.
2/ Principally the International Bank for Reconstruction and
Development and the Inter-American Development Bank.
3/
Data on the two lines shown for this date differ because of
changes in reporting coverage. Figures on the first line are
4comparable in coverage to those shown for the preceding date;
figures on the second line are comparable to those shown for
the following date.
4/
Includes U.S. Government obligations at cost value and fund's
awaiting investment obtained from proceeds of sales of gold by
the International Monetary Fund to the United States to acquire
income-earning assets as follows? $800 million at end 1969; $400
million at end 1970 and 1971. Upon termination of
2,221
1,761
1,761
1,761
1,956
1,956
1,956.
2,309
2,309
8/
8/
8/.
8/
8/
_
-
investment, the same quantity of gold was reacquired by the Inter
national Monetary Fund .
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" and a number of reporting
banks are included in the series for the first time.
6J Includes $7 million increase in dollar value of foreign currency
obligations revalued to reflect market exchange rates as of Dec.
31, 1971.
7/ Includes $15 million increase in dollar value of foreign currency
liabilities revalued to^refle'elj-warket exchange rates.
8 / Data as of most immediately preceding quarter end.
p
Preliminary.
8/
8/
8/
8/
8/
8/
8/
8/
8/
91
December 1979
riAPTTAT. M O V F . M F . T J T a
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-2. - Total Liabilities by Type, Payable in Dollars
Part A - Foreign Countries
(In millions of dollars)
Total
foreign
coun
tries
End of
calendar
year
or month
1970 4 / ...........
1971 4/ 5 / ........
1972 4 / ...........
1973..............
Demand
Time 2/
Otfher
liabil
ities 2/
Demand
Time 2/
U.S.
Treas.
bills &
certif
icates
(6)
(7)
(8)
Deposits
Other
liabil
ities 2/
(9)
(5)
2,951
2,942
3,844
3,844
3,643
3,663
16,745
16,756
1,988
1,999
20
20
4,713
4,699
1,652
1,652
2,554
2,554
13,367
13,367
2,307
2,307
12,376
12,385
1,326
1,354
14
14
3,367
3,362
\ 53,,706
1,620
1,327 5 /
2,504
2,039 5/
32,311
32,311
3,230
3,321
7,047
3,399 5/
850
320 5,
8
8
2,367
7,232 5/
/ 59,,205
^59,,204
1,591
1,591
2,880
2,880
31,453
31,453
3,998
3,998
4,658
4,658
405
405
5
5
9,510
9,510
f 39 802
39 958
044
/ 41 ,086
V4
1’
/ 53,,684
\
(2)
(3)
1,918
1,930
To own'
foreign
offices 3/
Demand
(4)
(1)
1969 4 / ...........
Deposits
Deposits
U.S.
Treas.
bills &
certif
icates
Other foreigners
Banks
Official institutions 1/
(10)
_
_
-
-
(11)
Time 2/
(12)
U.S.
Treas.
bills &
certif
icates
Other
liabil
ities 2/
(13)
(14)
1,709
• 1,711
1,811
1,935
107
107
353
352
1,688
1,688
1,886
1,895
131
131
376
377
1,660
1,660
1,663
1,666
96
96
328
327
1,955
1,955
2,116
2,116
65
65
569
568
2,143
2,359
68
1,032
2J29
2,729
3,796
3,744
277
277
1,581
1,743
3,248
4,823
325
1,704
4,015
6,524
198
2,078
2,645
3,142
67,,222
2,125
3,911
31,511
6,558
6,941
529
11
10,034
2,951
2,951
. 4,257
4,167
34,656
34,656
11,205
11,302
8,248
8,231
1,911
1,910
232
232
19,546
19,355
-
1975..............
f91',389
I 89,,891
91’,297
2,644
3,423
34,199
10,195
7,534
1,873
335
19,588
-
1976...............
104,,943
3,394
2,321
37,725
11,516*
9,104
2,297
119
25,652
141
300
381
371
300
29,222
7,185
7,673
7,370
7,185
37,554
32,395
36,679
37,554
4,304
7,546
240
4,242
4,222.
4,628
4,242
8,353
8,191
8,317
8,353
285
326
245*
285
302
7,076
399
•6,905
425
6,965
456
7,398
508 ' 8,758
407
8,006
347
7,591
384
8,207
406
8,568
400
8,666
36,278
38,534
47,928
45,005
49,370
55,517
52,801
73,591
65,805
65,282
4,328
4,744
4,207
4,312
4,358
4,729
4,661
4,602
4,510
4,782
8,2.64
A, 357
8,504
8,623
8,735
8,744
8,731
8,748
8,894
8,769
285
358
299
1,152
693
516
350
285
269
315
1974 4 / ...........
1977..............
1978 ...........
1978-Oct.........
1979-Jan.........
F e b .........
M a r ........ y
J u l y........
Aug.........
1/
2/
3/
4/
122,,893
3,528
1,797
164,,470
148,,327.
157,,188
164,,470
3,390"
3,050
3,416
3,390
2,546
2,600
2,538
2,546
47,820
67,415
57,996
62,352
67,415
12,677
17,337
16,539
16,086
17,337
10,933
11,239
10,148
10,066
11,239
2,040
1,479
1,564
- 1,735
1,479
162,,536
162,,196
164,,570
157 ,948
156 ,357
165.,004
165 ,515
188,,029
182.,498
178.,629
2,699
2,504
2,759
2,365
2,864
2,524
3,583
2,491
3,170
2,567
3,196 ~
2,506
2,850
2,590
2,397
2,607
3,140
' 2,246
2,434
2,110
68,250
65,647
59 ,,774
51,614
43,727
46,304
49,425
50,146
50,842
49,411
17,574'
l'8V42s*
17,640
18,849
19,983
. 19,646
20,201
20,254
19,862
20,619
10,405
9 ,'426
9,349
10,202
10,278
11,138
11,361
11,757
12,424
10,603
1,479
1,322
1,258
1,302
1,263
1,398
1,209
1,525
1,752
1,547
Includes Bank ftJr International Settlements and ^European Fund.
Time deposits exclude negotiable time certificates of deposit, which
are included in "Other liabilities."
Data not available separately prior to April, 1978.
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.
5/
p
Data on the second line differ from those on the first line because
those liabilities of U.S. banka to their foreign branches and those
liabilities of U.S. agencies and branches of foreign banks to their
head offices and foreign branches which were previously reported as
deposits are included in "Other 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,
Preliminary.
3,242
3,384
3,142
*3,091
2,957
2,832
2,960
2,946
2,898
3,399
3,523
3*781
3,692
Treasury Bulletin
92
-------------------------------- CAPITAL MOVEMENTS_______________________
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-2. - Total Liabilities by Type, Payable in Dollars—Continued
Part B • Nonmonetary International and Regional Organizations
(In millions of dollars)
Total
End of
calendar year
or month
Deposits
Demand
(1)
1969 2/...........................
f
Other
liabilities 1/
Time 1/
(2)
(3)
(4)
(5)
244
244
1,109
1,113
V
1,498
1.502
1,609
62
62
83
83
69
159
211
1,170
f
1,818
1,814
73
73
192
192
211
211
1,342
1,338
1,354
1970..............................
1971- 2/.........................
U.S. Treasury
bills and
certificates
1972..............................
1,968
86
202
326
1973..............................
2,716
101
83
296
2,236
3,973
3,992
139
139
111
111
497
497
3,226
3,245
1975..............................
5,696
139
14S
2,554
2,855
1976..............................
5,705
290
205
2,701
2,509
1977..............................
3,245
231
.139
706
2,169
1978..............................
1978-Oct..........................
2,617
2,929
2,225
2,617
330
133
153
330
94
116
102
201
403
183
201
1,992'
2,277
1,787
1,992
2,317
2,095
2,364
2,300
2,757
2,851
3,437
3,462
2,909
2,389
333
272
276
270
298
264
216
154
161
143
88
102
99
100
85
87
79
87
82
82
183
193
211
212
175
199
1,345
1,712
1,527
1,778
1,718
2,198
2,301
1,797
1,779
V753
1,837
19Z4 2/...........................
Dec..........................
1979-Jan..........................
Feb..........................
Mar..........................
Note:
1/
f
^
Principally the International Bank for Reconstruction and
Development and the Inter-American Development Bank; excludes Bank
for International Settlements and European Fund.
Time deposits exclude negotiable time certificates of dep'osit, which
are included in "Other liabilities."
'M
912
327
2/ Data on the two lines shown for this date differ because of changes
p
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,
Preliminary.
December 1979
93
-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-3. - Total Liabilities by Country
_____________________________ (Position at end of period in millions of dollars)
Calendar year
Country
May
E uro p e :
A u stria......................
Belgium-Luxembourg.........
Bulgaria.....................
Czechoslovakia.............
Denmark......................
Finland......................
Fr ance .......................
German Democratic Republic,
G e rmany......................
G r eece.......................
H u ngary......................
Italy........................
Netherlands.................
No r w a y ...................... .
Poland...................... .
Portugal.....................
Ro m ania..................... ,
Spf m ....................... ,
Sweden...................... <
Switzerland................ ,
T u rkey ...................... .
United K i ngdom .............<
U . S.S.R..................... .
Yugoslavia................. .
Other Europe ............... .
348
2,314
n.a.
n.a.
364
422
4,894
n.a.
6,311
403
n.a.
3,212
3,011
785
n.a.
240
n.a.
564
1,693
9,484
166
10,127
51
189
2.928
Total Europe............... .
47,508
Canada ........................ ,
4,814
Latin A merica and Caribbean:
Argentin a.................. .
Bahamas.....................,
Bermuda.....................,
Braz i l ...................... ,
British West Indies....... .
Ch ile ....................... .
Colombia....................,
Cu b a ........................
Ecuador.....................
Guatemala..................
Jamaica.....................
M e x i c o ......................
Netherlands Antilles......
Panama......................
Pe r u ........................
Trinidad and Tobago.......
Uruguay .....................
Venezuela.................. .
Other Latin America and
Caribbean................. ,
319
2,590
n.a.
n.a.
771
330
5,293
n.a.
7,337
603
n.a.
6,866
2,885
949
273
n,a.
624
2,718
12,480
130
14,215
99
232
1-972
514
2,782
29
31
1,947
347
9,331
42
17,696
826
103
7,713
2,416
1,273
107
332
17
878
3,126
18,924
318
14,604
82
254
3.365,
476
2,422
36
30
1.529
4029,810
33
7,849
680
18
9,804
2,900
1,457
107
244
44
905
2.530
13,804
266
16,877
58
184
...3,688 '
1,232
2,450
16,087
266
18,244
62
152
3,963
60,755
87,060
76.153 '
1.514
68
1,540
2,840
205
1,438
1,877
337
1,469
3,607
323
1,396
4,168
362
1,021
1,221
6
320
n.a.
n.a.
2,872
158
1,167
257
167
245
3,120
6
330
n.a.
n.a.
2,877
197
2,332
287
203
243
2,931
1,648
6,750
621
1,141
6,064
399
1,763
13
323
428
52
3,4^9
308
2,995
363
216
231
3,825
1,598
1,703
1,971
Total Latin A merica and
C aribbean....................
19,274
23,921
Asia:
China:
M ainla nd .................
Taiw a n ....................
Hong K o n g ...................
India .......................
Indonesia...................
Israel...................... ,
J a p a n .......................
Ko r e a ....................... ,
Lebanon..................... ,
Ma laysia....................
P akistan....................
P hilippines................
Singapore...................
Syria ....................... .
Thailand....................
Oil-*exporting countries 1/
Other A s i a ................. .
48
990
895
648
340
392
14,387
438
140
n.a.
n.a.
628
280
35
277
9,360
945
53
1,013
1,096
975
410
559
14,646
602
144
157
253
697
295
16
264
8,979
390
29,8i
30,548
Total A s i a ..................
Afri c a :
Eg ypt ........................
G h a n a ........................
Liberia......................
Moro c c o ......................
South Afr i c a ................
Za ire ........................
Oil-exporting countries 2/.
Other Afr i c a ................
333
27
n.a.
July
452
2,533
'68
38
1,176
468
9,656
52
8,721
685
19
9,687
2,654
1,349
123
356
20
Aug.
446
2,6.07
25
25
1,572
477
9,678
47
10,953
761
23
8,490
2,381
1,264
126
306
57
1,128
2,240
16,899
302
18,925
63
160
3.555
-£2,322-
68
1,849
13,045
348
1,351
8,343
465
2,300
7
444
319
104
3,650
431
3,107
425
102
233
3,947
1*913
24,108
423
1,09?
13,625
459
2,386
1*533 ,
1,675
1,537
32.316
30.751
302
38
130
40
176
245
32
114
41
243
73
294
36
3.228
1,912
108
1,154
161
5,710
3,256
Grand total..................
111,430
1/
2/
Includes Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia,
the United Arab Emirates (Trucial States).
Includes Algeria, Gabon, Libya, and Nigeria.
48,339
32,099
3.239
Total international
,and regional................
50,341
30,695
'
’
3.062
1,485
38
822
264
22
n.a.
57,487
29,594
>
2,892
2,725
7
288
210
28
n.a.
1,721
28,638
'
!
2,538
22
1,806
'477
49
1,340
1,549
501
555
626
10,914
960
176
162
295
598
876
23
308
11,380
439
2,301
271
243
26
n.a.
1,597
6
449
320
67
3,676
370
3,086
391
81
223
<3,207
1,202
11,836
420
2,195
9
364
335
175
3,567
367
3,346
45
1,232
1,641
679
463
631
13,370
948
184
181
287
634
747
23
425
10,379
449
Total Afr i c a ................
5,150
171
218
2,915
1,800
15,709
445
1,037
11,996
461
2,250
7
482
361
113
3,545
618
3,936
388
74
217
3,180
42
1,028
1,577
707
317
625
13,148
834
194
231
287
620
623
26
330
11,095
416
Other countries:
Australia....................
All o t her...................
123,808
2,035
18,464
438
42
770
1,457
876
509
621
13,158
825
170
182
256
641
762
16
307
9,654
449
!
143
36
1,116
558
International and regional:
International.............. ,
European regional......... .
Latin American regional...,
Asian regional .............,
African regional.......... .
Middle Eastern regional...
428
2,806
42
25
1,015
346
9,441
32
13,433
632
55
8,521
2,183
1,396
107
624
13
1,110
2,167
16,877
346
24,233
53
47
740
1,560
943
409
706
12,626
818
156
255
227
690
563
13
413
9,006
422
41
599
1,500
1,022
394
650
12,337
996
165
158
204
605
489
16
303.
8,770
389
378
43
106
35
198
37
1,699
732
Total foreign countries......
447
3,016
52
20
1,115
427
10,628
64
13,408
691
57
8,591
2,291
1,405
113
557
25
1,142
2,064
16,843
244
22,828
45
3,11%
2,047
16,406
411
1,388
9,201
403
2.411
7
392
319
46
3.411
423
3,162
382
153
250
3,009
306
37
93
45
318
56
1,566
___ 8I2_
1,085
Oct. p
- 3 7 , 1 1 1 . .-
355
1,581
9,561 !
368
2,200
9
319
318
78
3,229
403
2,906 ,
321
70
223 ,
3,670
2,069
11,686
297
37
90
36
212
47
1,523
___ 8 2 0 _
843
_241_
2,381
15,872
270
22,743
80
8,633
404
47
67
32
168
43
1,525
605
Total other countries......
414
15
i, m
7,867
404
35
82
66
175
39
1,155
581
88
121
6,931
40,899
503
1,260
794
449
674
21,955
803
166
176
264
645
370
22
427
7,591
419
449
2,828
37
48
1,423
519
10,047
55
10,663
696
34
9,708
2,653
1,321
Sept. p
999
2,22 .
1.221
897
-
221—
.U-188...
158,118
166,960
L,535
62
912
252
16
836
239
29
813
357,
1 ,i 1 ^ 9 ..
627
30
201
112
533
,202-
2 4 1 ...
m
189,985
1,257
20
924
233
10
2,427
26
800
203
14
1,810
13
839
245
17
1,343
24
769
247
19
2,403
2,858
3.445
3,470
2,923
169.818
170,916
193,454
187,730
Less than $500,000.
Preliminary.
n.j
122
N ot available.
Treasury Bulletin
94
-CAPITAL MOVEMENTS-
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-4. - Total Liabilities by Type and Country, as of October 31, 1979
Preliminary
(Position'in millions of dollars)
Liabilities payable in dollars
Total liabilities
Payable
Payable
in
foreign
in
dollars curren
cies %)
Country
Europe:
Austria .....................
Belgium-Luxembourg.........
Bulgaria....................
Czechoslovakia.............
Denmark................ .
Finland....... ..............
France............ ........ .
German Democratic Republic,
Germany........ .............
Greece.......................
Hungary.....................
Italy........................
Netherlands......... .......
Norway.............. ........
Poland.......................
Portugal....................
R omania.....................
S p a i n . ................ .
Sweden.......................
Switzerland.................
Turkey.......................
United Kingdom..............
U.S.S.R.....................
Yugoslavia...
Other Europe.,
Total Europe.,
(1)
(2)
428
2,806
42
25
1,015
346
9,441
32
13,433
632
55
8,521
2,183
1,396
107
624
13
1,110
2,167
16,877
346
24,233
53
147
3,060
426
2,710
42
25
1,001
334
9,342
31
13,154
632
54
8,481
2,174
1,393
95
621
13
1,101
2,165
16,673
236
24,090
53
147
3,059
89,092
8,049
1,043
1,800
15,709
445
1,037
11,996
461
2,250
7
482
361
113
3,545
618
3,936
388
74
217
3,180
1,694
15,686
399
1,033
11,292
461
2,243
7
482
361
113
3,527
609
3,926
388
74
217
3,168
106
22
46
4
704
(3)
204
109
143
To foreign official
institutions and
unaffiliated foreign banks
Banks'
own lia
bilities
Custody
liabil
ities
(4)
(5)
(6)
(7)
244
1,314
*
55
240
20
24
135
74
425
24
655
85
23
534
15
32
26
729
97
21
441
46
6,366
662
106
9,851
45
126
123
5,259
721
299
181
1,396
42
24
234
139
2,594
31
3,073
340
26
2,425
1,038
288
80
596
9
777
370
4,439
233
20,314
51
142
1,738
*
766
195
6,748
*
10,081
292
28
6,055
1,136
1,105
15
25
4
324
1,795
12,234
3
3,776
Depoi its
Time 2/
221
413
5
1,321
128
68
141
8
265
216
1,077
132
678
41
130
92
40,579
47,470
5,492
2,408
1,330
15,610
233
917
11,076
454
800
363
76
166
116
216
6
1,443
296
49
18
456
16
141
213
457
349
25
100
13
446
66
645
18
*
29
147
134
41
18
433
22
79
164
13
2
Short
term U.S.
Treasury
obliga
tions
(8 )
46
1,324
8,205
Liabilities to
all other foreigners
Liabil
ities to
banks'
Other
own
liabil' foreign
ties
offices
(10)
(9)
209
817
21
*
382
166
920
47
374
42
19
16
120
101
281
*
149
239
26
227
386
367
1
272
38
193
852
379
127
29
1
2,111
87
18,022
260
Negoti
able
Other
liabil- CD's held
for all
ties
for
eigners
(14)
(15)
46
1
1,362
253
29
1,526
604
802
16
224
4
344
550
4,448
(11)
Time 2/ term U.S.
Treasury
obliga
tions
(12)
(13)
Memo
randum
12
1,920
4
46
102
3
259
115
12
3
25
1
1
22
2
132
1
34,658
17,703
24,159
1,127
256
118
390
70
228
360
17
1,324
1
117
93
36
140
25
79
135
15,138
203
37
57
121
19
76
132
1
67
33
9
330
39
144
24
8
35
738
71
140
266
4
101
162
27
2,081
75
374
121
22
66
1,291
2,350
6,440
136
192
2,168
1
923
1,422
5,887
20
7
15
127
4
204
3
624
Canada.
Latin America and Caribbean:
Argentina............... .
Bahamas....................
Bermuda....................
Brazil.....................
British West Indies.......
Chile.......................
Colombia...................
Cuba........................
Ecuador....................
Guatemala..............
Jamaica....................
Mexico.....................
Netherlands Antilles ......
Panama......................
Peru........................
Trinidad and Tobago .......
Uruguay.....................
Venezuela..................
Other Latin America and
Caribbean........ .......
6
3,081
544
3,280
370
74
188
3,021
49
1,340
1,549
501
555
626
10,914
960
176
162
295
598
876
23
308
11,819
Total Africa.,
*
36
23
9
19
3
6
1
68
19
10
13
2,795
651
235
362
119
107
6,576
180
5
102
22
59
15
175
47
688
1,307
134
435
514
4,268
770
171
57
273
537
859
22
173
3,958
30,636
14,213
112
2.356
294
36
122
30
194
112
2.353
292
36
88
29
137
78
1.320
57
34
1.033
3,152
3,141
1,9)
1,161
294
36
122
30
201
10,548
61
1
61
297
2,595
5
1
5
52
607
38
94
17
151
16
212
111
1
453
129
646
5
1
560
3
21
78
54
3,953
49
1,339
1,542
496
555
621
10,844
951
176
160
294
596
873
23
304
11,813
Total Asia..
Africa:
Egypt........ .
Ghana........ .
Liberia.......
Morocco.......
South Africa.,
Zaire........ .
Other Africa.,
1
63
19
102
1,556
Total Latin America and
Caribbean...............
Asia:
China:
Mainland..
Taiwan....
Hong Kong...
India.......
Indonesia...
Israel......
Japan.......
Korea ...... .
Lebanon.....
Malaysia....
Pakistan....
Philippines.
Singapore...
Syria.......
Thailand....
Other Asia..
1
12
1
1
484
122
321
201
130
768
223
62
26
37
239
81
19
55
4
225
131
7,855
16,422
6,151
3,785
29,057
281
113
48
290
172
397
160
5
17
26
144
23
69
525
20
95
212
3,216
227
68
18
194
4
109
223
9
15
12
107
127
322
11
21
34
59
68
16
1
68
30
84
111
4,369 6/ 5,187
3,336
11,795
6,902
94
22
705
53
33
1.025
5
47
366
1,047
1,110
1,912
5,884
173
10
21
21
Other countries:
Australia......
All other......
Total other countries.
107,680
Total foreign countries....
International and regional:
International.............
European regional........
Latin American regional..
Asian regional...........
African regional.........
Middle Eastern regional..
1,343
24
769
247
19
1,343
24
755
247
19
49,810
714
151
11
29,285
65,282
3,692
4,782
700
146
711
202
25
34
Total international
and regional........ .
Grand total.,
181,018
If As of end of September 1979.
_2/ Excludes negotiable time certificates of deposit, which
are included in "Ottosr" liabilities.^
13,179
50,137
31,122
65,282
8,769
_3/ U. S. Treasury bills and certificates held in custody for the account of oilexporting countries m "Other Asia" and Other Africa" amounted to $5,298 million.
* Less than $500,000.
December 1979
95
.CAPITAL MOVEMENTS.
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-1. - Total Claims by Type
(o l d
series)
(In millions of dollars)
Payable in dollars
Payable in foreign currencies
Loans
End of
calendar
year
or month
Total
claims
official
Total
Total
(1 )
1968___
Deposits
in
J2L
insti
tutions
(4)
Other
for
eigners
Banks
JiL
Collect
Accept
tions
ances
out
made for
standing
account
for
account of of for
reporting eigners
banks and
domestic
customer s(7)
(8 )
of
Other
claims
(9)
Total
(10)
reporting
banks and
domestic
customers
with for
eigners
_
0
i i _____
Other
claims
( 12)
12,278
11,813
6,323
775
1,934
3,614
1,733
2,854
903
(*12,828
\12,930
466
336
12,295
12,397
129
6,087
6,084
764
764
2,155
2,152
3.169
3.169
1,954
2,015
3,169
3,202
1,084
1,096
352
352
13,877
534
534
181
181
13,242
5,749
623
1,956
3.170
2,389
3,985
1,118
635
352
283
1971 1/ 2/.
16,837
^16,939
15,973
16,022
7J98
806
2,928 £ /
2,395 2/
4,122
2.475
2.475
917
864
20,425
20,739
549
548
19,539
19,853
996
1,007
315
369
,3,405
3,400
5,811
5,852
3,269
3,276
4,243
4,254
3 ,20A
1,407 g,
1,979 2 /
1972 1/____
7,848
7,314
10,213
10,259
2,853
3,092
886
886
1973.
1974.
1975.
1976.
1977.
441
441
445
445
^26,719
46,235
59,767
81,135
92,562
25,985
44,958
58,307
79,302
90.205
5,129
'8,263
9,202
13,406
15.367
6,532
7,805
10,324
12,018
12,302
4,307
5,637
5,467
5,756
6.176
734
1,276
1,458
1,833
2.355
306
14 ,2 12
4,413
10,307
20,178
32,878
39,187
428
30.631
1,444
1,709
1,989
2,885
2,961
1977-Apr..
78,210
80,476
82,033
76,283
78,510
80,065
26,799
27,065
26,590
2,409
2,663
2,662
12,702
13,002
12,532
11,687
11,401
11,396
6,339
6,317
6,417
12,991
13,087
13,209!
30,154
32,041
33,848
1,927
1,966
1,968
81,874
81,085
83,812
86,507
87.357
92,562
80.039
78,970
81,869
84,300
85,270
90.205
27,921
27,284
28,997
28,969
28,183
30.631
2,536
2,759
2,792
2,896
2,889
2,961
13,829
12,967
14,310
13,961
13,665
15.367
11,556
11,558
11,894
12,112
11,629
12,302
6,352
6,200
6,025
6,005
6,045
13,478
13,610
13,698
13,768
13,462
14 ,2 12
1,835
2,114
1,944
2,207
2,086
2.355
794
1,006
6.176
32,288
31,877
33,149
35,557
37,580
39,187
94,246
93.357
98,832
98,197
91,874
91.040
96,449
95,876
29,306
29,346
32,498
32,335
3,037
3,079
3,003
3,311
13 ,.922
14,115
16,949
16,596
12,346
12,151
12,546
12,428
6,342
6,446
6,765
6,910
13,592
13,689
13,892
13,783
42,634
41,559
43,293
42,847
2,371
2,317
2,383
2,321
940
895
1,432
94^
1,435
1,288
1969*1/.,
197 0
May..
June.
July.
Aug..
Sept.
Oct..
Nov..
Dec..
1978-Jan..
Feb..
lifer..,
Apr..,
Note:
1/
13,106
17,777
21,516
28,308
4,113
Total claims include claims previously classified as either
"short-term" or "long-term" on the Treasury reports filed by banks.
A monthly maturity breakdown was discontinued with new reports
filed as of April 30, 1978, and the historical series has been
adjusted accordingly^ '(See -introductory text to Capital Movements
Section for discussion of changes in reporting forms and coverage.)
3,226
4,160
11,237
11,147
12,358
669
656
1,103
941
607
802
730
1.415
958
969
1,101
1,133
864
834
1,041
1,109
1,126
1,307
818
900
1,246
841
941
1.415
1,42 2
1,034
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
of the 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 claims"; and a number of reporting banks are
included in the series for the first time.
Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable in
Table CM-II-2. - Total Claims by Type
(HEW SERIES)
(In millions of dollars)
Payable in foreign currencies
Payable in dollars
End of calendar year
or quarter-end month
Total claims
(1 )
102,893r
108,417r
130,348r
(2 )
(3)
99,465r
105,021r
126,459r
90,351r
95,964r
115,372r
Claims of
banks'
domestic
customers
C4)
9,114
9,057
ll,087r
123,717r
131,799
147,676
120,639r
128,787
144,457
108,343r
115,245
127,167
12,296r
13,542
17,290
Total
1979-March...........................
Note:
p
See introductory text to Capital Movements Section for discussion
of changes in reporting forms and coverage for new quarterly data
filed as of June 30, 1978.
Preliminary
r
Revlsed.
Banks'
own claims
Total
(5)
Banks'
own claims
3,428r
3,396r
3,889r
(6 )
2,619r
2,950r
3,522r
3,078r
3,012
3,219
2,602r
2,492
2,607
Claims of
banks*
domestic
customers
(7)
809
446
367
476
520
612
96
Treasury Bulletin
-CAPITAL MOVEMENTS-
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-3. - Total Claims by Country
(Position at end of period In millions of dollars)
Calendar year
1977
Europe:
Austria................... .
Belgium-Luxembourg....... .
Bulgaria.................. ,
Czechoslovakia.............
Denmark................... ,
Finland...................
France....................
German Democratic Republic,
Germany...................
Greece....................
Hungary...................
Italy.....................
Netherlands...............
Norway....................
Poland....................
Portugal..................
Romania................ .
Sp?in.....................
Sweden....................
Switzerland...............
Turkey....................
United Kingdom............
U.S.S.R...................
Yugoslavia................
Other Europe..............
Total Europe.
Canada.,
Latin America and Caribbean?
Argentina.................
Bahamas...................
Bermuda.................. *
Brazil....................
British West Indies......
Chile.....................
Colombia..................
Cuba......................
Ecuador...................
Guatemala.................
Jamaica...................
Mexico....................
Netherlands Antilles.....
Panama. ............... .
Peru......................
Trinidad and Tobago......
Uruguay...................
Venezuela.................
Other Latin America and
Caribbean................
67
673
n.a.
n.a.
150
206
1,643
n.a.
611
280
n.a.
1,034
337
139
n.a.
88
n.a.
755
221
492
280
7,138
495
236
701
75
817
n.a.
n.a.
179
174
2,137
n.a.
758
208
n.a.
1,367
379
164
356
175
n.a.
736
227
656
385
9,080
413
323
320
163
1,571
63
10
270
328
4,505
62
1,382
241
33
l,699r
807
323
411
189
108r
1,242
581r
1,659
365
14,021r
438
445
147r
113
1,235
50
5
160
241
3,462r
43
1,038
195
31
l,227r
502
282
414
115
52
904
374
1,083
390
10,537r
466
388
164
163
1,571
63
10
270
328
4,505
62
1,382
241
33
l,699r
807
323
411
189
108r
1,242
581r
1,659
365
14,021r
438
445
147r
204
317
3,661
63
1,175
270
52
l,551r
714
232
417
224
74
1,091
352
1,280
226
12,400r
399
537
161
1,175
286
1,340
216
16,201
406
613
218
1,989
78
23
189
262
4,496
80
2,168
285
398
1,902
772
267
463
346
82
1,295
506
1,479
194
20,109
413
678
282
15,548
18,929
31,065r
23,472r
31,065r
27,787r
32,103
38,976
3,686
4,163
7,732
5,784r
7,732
8,355r
7,996
8,551
1,192
15,493
150
4,902
5,082
598
676
13
375
n.a.
n.a.
4,844
140
1,374
935
35
45
1,850
1,479
19,919
232
4,665
6,633
680
678
10
519
n.a.
n.a.
4,922
229
1,415
962
' 48
80
2,336
2,469r
21,673r
391
6,697r
9,580r
l,064r
1,070
2
773
114
48
5,657r
298
3,120
928
59
67
3,889
l,878r
20,368r
143
5,705r
8,778r
788r
791
3
704
96
53
5,222r
254
2,350r
983
51
67
3,068r
2,469r
21,673r
391
6,697r
9,580r
l,064r
1,070
2
773
114
48
5,657r
298
3,120
928
59
67
3,889
2,947
19,785r
179
6,805r
7,742r
1,'017
1,042
7
918
110
68
5,807
304
2,977r
852
40
63
3,942r
3,427
19,375
130
6,657
9,474
1,151
1,144
7
995
119
45
6,726r
312
3,654
740
47
78
4,115
3,525
19,415
182
7,850
9.449
1,399
1,308
196
2,108r
72
176
1,954
69
13
166
227
4,295
67
1,128
247
119
1,661
620
232
388
187
10
102
222
6
1,038
131
37
8,710
351
4,566
743
52
83
4.449
1,422
1,352
1,621
1,561
1,621
1,674
1,578
1,663
Total Latin America and
Caribbean...............
39,127
46,159
59,523r
52,865r
59,523r
56,280r
59,773
64,958
Asia:
China:
Mainland................ ,
Taiwan. ................ .
Hong Konr .............. .
India..........-.......... .
Indones’................. .
Israel. ...................
Japan............-.........
Korea..................... .
Lebanon....................
Malaysia...................
Pakistan............... .
Philippines.............
Singapore................. .
Syria..................... .
Thailand...................
Oil-exporting countries V.
Other Asia.................
5
1,345
326
70
218
760
11,379
1,982
46
n.a.
n.a.
719
425
32
442
1,459
369
12
7
l,804r
1,611
70
198
907r
14,010
2,487r
61
202
164
726
1,393
18
777
3,522
108
7
l,804r
1,611
70
198
907r
14,010
2,487r
61
14
2,199
1,977
106
192
887
13,825
3,662
64
202
153
713
978
42
914
1,958
146
164
726
1,393
18
777
3,522
108
18
2,185r
2,080
78
183
964r
13,904r
2,818r
49
164
140
680
l,114r
30
790r
2,330
83
28,063r
1,520
1,054
94
216
567r
ll,295r
2,068r
51
148
158
791
992
17
659
2,545
130
22,313r
28,063r
27,609r
28,032
34
2,256
1,894
97
182
938
16,046
4,003
77
194
195
692
1,175
20
1,062
2,278
163
31,305
186
18
244
67
950
169
617
408
129
17
246
52
908
152
707
410
19,576
1,721
550
55
232
589
10,087
2,341
78
127
132
596
476
30
634
1,769
109
19,538
Liberia....................
Morocco....................
South Africa...........
Zaire..................... .
Oil-exporting countries 2/.
Other Africa...........~ ,
135
17
n.a.
28
1,005
112
524
550
119
34
227
43
1,129
98
511
421
114
36
233
108
1,072
180
602
401
74
23
241
45
1,238
105
564
404
114
36
233
108
1,072
180
602
401
78r
26
219
91
902
174
602
413
Total Africa.............. .
2,371
2,583
2,747
2,694
2,747
2,505r
610
177
921
187
979
135
1,006
200
979
135
787
1,108
1,114
1,207
1,114
81,095
92,481
130,244r
108,334r
130,244r
26
64
3
12
Total Asia.,
Africa:
Egypt.,
Other countries:
Australia.....
All other.....
Total other countries.... .
Total foreign countries....
International and regional:
International.............
European regional........
Latin American regional...
Asian regional............
African regional.........
Middle Eastern regional...
6
7
2
1
202
2,620
939r
157
905
238
963
l,095r
1,143
1,165
123,632r
131,707
147,576
74
77
17
16
131,799
147,676
75
1
10
1
10
1
202
6
Total international
and regional»........ .
Grand total..
81,135
130,348r
108r417r
130,348r
1/ Includes Bahrain, Iran, Iraq^ Kuwait, Oman, Qatar, Saudi Arabia, and the
United Arab Emirates (Trucial States}..
p
*
Preliminary.
Less than $500,000.
V Includes Algeria, Gabon, Libya, and Nigeria.
r
Revised.
123,717r
n.a.
Not available.
December 1979
97
....................
—
CAPITAL MOVEMENTS---------------------------------------------------------------------
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-4. - Total Claims on Foreigners by Type and Country Reported by Banks in the U.S. as of September 30, 1979
Claims of bank's domestic customers
Reporting bank's own claims
Country
Total
claims
Total
bank's
own
claims
(1)
(2)
(3)
222
214
1,934
76
178
838
39
17
143
168
1,759
32
1,232
138
106
1,108
483
196
183
283
26
672
296
881
Europe:
Austria....... ...........
Belgium-Luxembourg.......
Bulgaria.... ......... .
Czechoslovakia............
Denmark...................
Finland...................
France....................
German Democratic Republic
Germany. ..................
Greece....................
Hungary............... .
Italy.....................
Netherlands...............
Norway................. .
Poland....................
Portugal..................
Romania...................
Spain.i...................
Sweden....................
Switzerland...............
Turkey....................
United Kingdom.... .......
U.S.S.R...................
Yugoslavia................
Other Europe..............
1,989
78
23
189
262
4,496
80
2,168
285
398
1,902
772
267
463
346
82
1,295
506
1,479
194
20,109
413
678
282
171
237
3,859
77
2,039
211
395
1,630
683
247
450
325
77
1,140
469
1,400
150
12,811
330
600
248
Total Europe.............
38,976
29,795
Canada.............. .........
8,551
5,223
3,525
19,415
182
7,850
9.449
1,399
1,308
1,038
131
37
8,710
351
4,566
743
52
83
4.449
3,286
19,184
175
7,307
9,316
1,335
1,260
4
944
105
32
8,461
334
4,512
717
30
60
4,206
1,663
1,505
Latin America and Caribbean:
Argentina.................
Bahamas...................
Bermuda...................
Brazil....................
British West Indies......
Chile.....................
Colombia..................
Cuba...... ...............
Ecuador......... .........
Guatemala.................
Jamaica..... .............
Mexico....................
Netherlands Antilles 1/...
Panama....................
Peru..................
Trinidad and Tobago......
Uruguay..... ........ .
Venezuela................ .
Other Latin America and
Caribbean...............
6
21
Total Latin America and
Caribbean.................
Asia:
China:
Mainland..... ..........
Taiwan................ ..
Hong Kong.................
India.....................
Indonesia.................
Israel................. .
Japan.....................
Korea....... .............
Lebanon...................
Malaysia..................
Pakistan..................
Philippines........ ......
Singapore.................
Syria...'..................
Thailand................ .
Other Asia................
34
2,256
1,894
97
182
938
16,046
4,003
77
194
195
692
1,175
28
1,936
1,856
78
141
885
14,891
3,728
62
173
187
639
1,141
1,062
2,441
1,033
Total Asia................
Africa:
Egypt.....................
Ghana................... .
Liberia...................
Morocco.... .
South Africa..............
Zaire.....................
Other Africa........ .
Total Afr ica............
Other countries:
Australia.................
All other..........
Remaining maturity of
claims on foreign
pblic borrowers and
unaffiliated
foreigners
One year
More than
or less
one year
9
15
27
4
17
59
506
34
84
51
288
222
7,430
81
208
156
15
42
263
36
37
376
162
33
17
676
246
377
68
16,754
3,667
235
134
2
264
1
4,271
1,848
4,362
161
3,461
2,609
844
910
1,193
57
12
7
49
5
10
115
3
197
4
107
156
17
25
638
3
129
75
3
271
17
25
633
3
1
65
51
9
4
14
16
9
221
31
433
4
*
160
46
194
175
100
63
115
9
384
116
119
117
2,468
242
14,722
1
4
43
10
352
6,549
10
13
2,773
9
4
4
3
11
1,062
320
118
4
25,809
11,794
*
8
40
3,172
16
168
104
31,305
28,808
21,192
1,713
129
17
246
52
908
152
1,117
120
112
2
2
26
409
93
102
21
5
154
37
72
43
7,169
82
78
___
8.979
23
243
23
242
2,860
2,186
2,164
1,366
559
320
38
19
41
52
1,154
275
15
53
34
320
38
18
41
52
1,103
275
15
21
8
53
34
29
___421
29
421
12
12
17
28
165
17
28
152
105
3
5
1
3
210
15
11
8
302
7,534
2,539
6
6
1
19
5
246
165
5
692
119
22
22
22
8
10
10
6
3
358
9
2
762
176
233
58
21
18
4
39,671
2,561
1,165
938
501
14,576
129,677
68,118
19,327
77
77
5
15
20
10
1
5
14
129,774
68,140
6
198
24
17,899
17,287
17,902
17,290
326
Total other countries....
16
25
202
19,746
Total international
and regional...... .......
Grand total.................
*
Less than $500,000.
12
1
246
2,260.,
963
202
2
14
13,564
2
173
7
80
119
237
9.181
13
86
73
13
3
50
16
568
30
622
___25-
20
6
124
223
*
131
3
19
193
10
13
21
5
155
37
79
44
7,297
82
78
74
3
267
83
239
230
7
542
119
64
48
2
93
27
5
248
17
54
26
2
26
1,385
24
242
189
6
21
12
886
1,588
12
11
88
20
88
239
231
7
543
134
64
48
2
93
27
5
250
17
54
26
216
9
2,020
1,685
708
49
55
529
11,418
3,233
54
35
1
1
1
3,328
478
443
4
229
23
743
149
872
7
55
2
2
Payable
in
foreign
currencies
(10)
(9)
9
25
7,935
82
334
391
189
5
58
3
81
60
10
(8)
(7)
3,484
27
481
336
4
290
32
11
3,945
149
250
163
17
16
1,005
644
67
18
4,422
159
1,479
543
Payable
in
dollars
23
197
1
77
Customer
liability
on accept
ances
1,371
Total foreign countries....
International and regional:
International.............
European regional........
Latin American regional...
Asian regional............
African regional.........
Middle Eastern regional...
1,478
7
526
19
79
1,029
13
3
19
2,872
291
3
76
171
79
620
20
Total
claims
payable
in foreign
currencies
(6)
(5)
(4)
101
On own
foreign
offices
Memorandum
Treasury Bulletin
98
TAPTTAT. MfWF.M1T.NTS
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-5. - Banks’ Own Claims-, by Type
(Position in millions of dollars)
Payable in dollars
End of
calendar year
or quarter-end
month
1978-June.......
Total
reporting
banks *
own
claims
92,969r
98,914r
118,894r
1979-Mar........ 11®,945r
June....... '117,737'
Sept.p..... 129,774
p
r
Preliminary,
Revised .
Claims on unaffiliated foreigners
Remaining maturity
Claims
on own
foreign
offices
Over one year
One year or less
Total
On foreign On all
On foreigp On all
other
public
other*
public
borrowers foreigners borrowers foreigners
(7)
(4)
(2)
.(5)_
(3) .
(6)
56,121r
41,430r
3,347r
3,243 r
8,101r 34,230
60,397r
4,230
4,010r 43,521r
8,635r 35,567r
73,907 r
4,847r 53,765r
5,336r
9,959r 41,465r
71^831r
77,898
87,496'
4,930r
4,833
6,212
50,720r
55,416
61,928
5,935r
6,405
7,637
10,246
11,244
11,719
36,512r
37,347
39,671
Payable in foreign currencies
Memorandum claims items
On unaffiliated
foreign banks
Deposits
Other
Customer
On all
liabili
other
foreigners ty on
accept
ances
Total
Deposits/
Other
(8)
5,473r
4,828r
5,721r
(9)
24,907r
26,963r
34,706r
(10)
19,651 r
20,506 r
23,312 r
(U)
11,840
12,723
14,921r
(12)
2,619r
2,950r
3,522r
(13)
1,084
1,375
l,650r
1,535*
l,575r
1,871-
6,358r
7,384
7,631
30,920r
34,128
38,313
23,657r
25,169
27,831
15,098
16,847
19,746
2,602r
2,492
2,607
l,121r
1,302
1,228
1,481
1,189
1,379
(14)
99
December 1979
........ — "
CAPITAL MOVEMENTS
.
.... ■
.......... - ..... -
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-6. - Banks* Own Claims by Type and Country, Payable in Dollars, as of October 31, 1979
Preliminary
(Position in millions of dollars)
On foreign public
borrowers and unaffiliated
foreign banks
Total
r
1,533
132
7
116
230
2,736
87
1,329
281
395
1,424
618
236
477
349
81
1,117
603
1,169
141
11,827
349
578
154
j
1
Netherlands............... *
Poland...............*..... .
Portugal.................... 1
Romania.....................
'
Sweden....... ...............
1
(3)
(4)
182
697
132
210
Hungary............. .......
On all
other
foreigners
(2 )
(1 )
Europe:
France.......... .........
German Democratic Republic.
On banks' own
foreign offices
6
83
161
1,593
82
649
124
393
983
258
1
24
770
*
4
897
*
435
60
187
124
*
4
65
*
1
30
69
247
5
244
97
2
371
307
65
680
522
610
131
6,423
312
417
64
4,530
7
254
235
136
106
43
15
399
81
157
9
874
37
161
82
26,180
15,345
7,481
3,354
4,333
1,920
968
1,444
3,653
17,359
485
7,565
6,719
1,396
1,451
4
2,329
2,613
46
4,483
1,419
900
838
*
597
193
14,694
60
342
5,249
14
16
-
1,131
52
379
2,740
52
482
597
4
394
95
100
-
*
1
38
*
402
1
Latin America and Caribbean:
Bermuda.........
Chile.......................
1 ,000
110
Jamaica.......... ..........
Mexico-........ .............
Netherlands Antilles
....
Uruguay.................. ..
r
Other Latin America and
Caribbean............. .
8
6
10
29
8,414
230
4,268
607
37
72
18
5,127
23
951
459
19
33
3
33
29
2,733
7
4,348
2,010
2
6
10
3,254
178
584
141
15
32
2,328
1,418
724
99
595
59,164
22,602
23,502
13,060
55
1,930
1,737
*
92
965
15
19
2,926
209
13
78
192
724
1*376
23
956
1,332
48
1,229
395
39
79
480
5,503
2,776
39
60
13
336
383
23
631
809
28,527
12,841
5,779
9,906
122
115
4
268
1
6
4
-
3
3
254
66
602
135
730
55
226
119
417
1,929
748
180
8
Total Latin America and
Asia:
Chinas
Mainland.............
!
Taiwan........... ....... .
Hong Kong....................
India.......*...............
68
147
891
14,993
Israel.....................
Korea..... ...... ....... .
Lebanon............. .
Malaysia.........
Pakistan.........
3,839
61
175
220
Singapore*.................
Syria...,......... ...........
Total Asia..-..............
Africa:
Egypt.......................
Ghana.......... .............
Liberia.....................
Zaire*.*....................
Other countries-:*
Australia............ .....
All other............... **.
928
i2£,060
j-
1
100
871
_
125
171
8
11
10
Middle Eastern regional.*..
Total international
and- regional. ...**..*.*....
329
16
299
940
75
914
252
70
191
16
305
94
-
322
207
399
53,970
38 ,.012
29,078
11
10
-
Leas than $-500,000 _
-
15
*
“
36
36
-
*
54*006
38,012
29,078
1Z1»697
*
11
15
*r
e-
200
352
*
47
*
15
International and regional:
Latin Amerfcan- regional**. *.
Asian r e g i o n a l . . ..*.
7
608
377
14
67
392
6,564
854
937
15
288
123
*■
-
.-
.-
-
*•
~
Treasury Bulletin
100
.CAPITAL MOVEMENTS.
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-7. - Domestic Customers' Claims by Type
_______________________ (Position in miU.iflns_.flf.dollars)^-------End of calendar
year or quarterend month
1978-June...,
Sept...,
Dec....
1979-Ma..... r
June...,
Sept. p.
p Preliminary,
r Revised.
Payable in dollars
Total
claims of
banks *
domestic
customers
Total
(1)
(2)
9,924
9,503
ll,454r
9,114
9,057
ll,087r
12,772r
14,062
17,902
12,296r
13,542
17,290
Deposits
(3)
419
500
972r
1,143
1,428
955
Payable in foreign currencies
Negotiable
and readily
transferable
instruments
Collections
and
other
Total
Deposits
Other
(4)
(5)
(6)
(7)
(8)
3,694
3,724
4,762
5,001
4,833
5,353
809
446
367
250
89
66
5,511r
6,230
10,161
559
357
301
5,641
5,883
6,175
476
520
612
150
143
189
326
377
423
December 197 9
101
CAPITAL MOVEMENTS,
Section III - Supplementary Liabilities and Claims Data Reported by Banks in the United States
Table CM-III-1. - Dollar Liabilities to, and t>ollar Claims on,
Foreigners in Countries and Areas Not Regularly Reported Separately
^Position at end orf peripd in mi-llions of dollars):
1
Country
j
Total banks' own claims
Total liabilities
June 1978
Dec. 1978
June 1979
June 1978
Dec. 1978
June 1979
i
"Other Europe”
3
10
52
13
7
26
71
*
7
17
152
n.a.
14
9
193
203
404
265
3
*
193
178
18 2r
129
2
1
229
191
220
242
n.a.
*
304
210
263
165
20
36
63
140
164
83
15
16
n.a.
73
147
171
88
23
8
13
6
120r
309r
43
2
9
13
11
151
349
28
4
n.a.
18
7
120
265
61
2
94
39
6
9
36
4
6
36
23
55
11
18
106
48
2
19
52r
6
5
30
65
35
10
26
103
36
3
30
38
n.a.
9
36
68
37
n.a.
23
*
7
12
*
21
*
*
*
14
*
3
1
2
8
8
*
n.a.
12
1
n.a.
54
n.a.
2
2
n.a.
*
n.a.
39
13
8
37
7
36
44
10
4
11
26
7
4
22
36
26
13
30
ki
ll
6
25
4
56
46
14
7
6
19
4
9
23
43
32
21
26
37
10
5
51
6
44
n.a.
8
n.a.
n.a.
n.a.
1
4
27
82
23
n.a.
n.a.
3
*
6
4
*
27
16
1
5
13
3
*
*
53
10
15
*
66
5
6
6
*
24
17
2
4
12
2
3
*
70
15
13
25
n.a.
5
n.a.
n.a.
25
21
1
4
14
n.a.
n.a.
n.a.
55
21
12
n.a.
n.a.
26
123
12
17
157
15
27
185
36
56
100
4
16
85
2
n.a.
171
n.a.
17
21
n.a.
5
1
n.a.
65
26
lllr
42
60
48r
10 5r
237
n.a.
33
165
186
Barbados....... .............
Belize.......................
Bolivia......................
Costa Rica...................
Dominican Republic...........
El Salvador..................•
French West Indies and
'
6
6
169
195
287r
239
8
5
187
188
346
30 lr
Guyana.......................
Haiti........................ 1
Honduras.... ................
Nicaragua....................
Paraguay.....................
Suriname....... .......
12
21
67
169r
160r
6a
17
Iceland......................
Ireland......................
Monaco.......................
"Other Latin America and
"Other A&ia"
!
Afghanistan..................
Bangladesh...... ............
Brunei......................
Burma. .......................
Kampuchea (formerly Cambodia)
Yemen (Aden).................
Yemen (Sana).................
"Other Africa"
Angola.......................
Burundi......................
Cameroon.................
Ethiopia including g Eritrea..
Guinea....................... '
Ivory Coast......... .........
Kenya,.......................
Madagascar...................
Mauritania....................
Mauritius.................... 1
Mozambique........ ..........
Niger........................ j
Rwanda....................... j
Sudan........................ j
Tanzania..................... i
Tunisia. ..................... .
Uganda...................... J
Zambia.......................
1
1
*
*
23
*
1
6
_
1
"All Other"
New Hebrides..................
New Zealand...............
Papua New Guinea........ .
U.S. Trust Territory of
Note: Data represent a- partial breakdown of the amounts shown for the
corresponding dates for the "Othei;" geographical categories in the
regular monthly series in the Treasury Bulletin.
n.a. Not availaDie
*
Less than $500^000.
r
Revised.
102
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section III - Supplementary Liabilities and Claims Data Reported by Banks in the United States
Table CM-III-2. - Dollar Claims on Nonbank Foreigners
(Position at end of period in millions of dollars)
End of calendar
year or month
Total dollar
claims on non
bank foreigners
(1)
19 “
’
8 -Apr..........................
May ......... ............. .
' June .................. .
Jul y .........................
Sept........................
N o v ..........................
Dec........................
1979-Jan..........................
F e b ..........................
Ma r ..........................
M a y .................. .
Jun e .........................
J uly.........................
Sept. p ................. .
JL/
P
r
Fe d e r a l R e s e r v e Bo a r d data.
Preliminary.
Revised.
Dollar claims of U.S. offices
U.S.-based
banks
(2)
U.S. agencies &
branches of for
eign banks
(3)
90,100r
93,699r
16,036r
16,406r
8,319r
8,285r
Dollar claims of
U.S.-based b a n k s ’
major foreign
branches 1/
(4)
65,745
69,008
96,234r
16,993r
9,037
70,204
96,933r
98,766r
99,270r
98,989r
100,760r
102,819r
17,056r
17,412r
17,487r
18,442r
19,340r
20,465r
9,491r
10,199r
ll,098r
ll,197r
12,146r
12,950r
70,386
71,155
70,685
69,350
69,274
69,404
101,851r
102,624r
103,635r
103,771r
104,087r
105,638r
107,158r
109,755
110,784
19,642r
19,856r
19,657r
19,475r
20,118r
20,728
21,855r
22,666
22,650
13,324r
13,782r
14,763r
15,005r
15,131r
15,709
16,457
17,785
19,197
'
68,885
68,986
69,215r
69,291r
68,838r
69,201r
68,846r
69,304
68,937
December 1979
103
.CAPITAL MOVEMENTS.
Section IV - Liabilities to Foreigners Reported by Nonbanking Business Enterprises in the United States
Table CM-IV-1. - Total Liabilities by Type
(In millions of dollars)
Total
liabilities
End of
calendar year
or quarter-end
month
1969 If.
1970....
1971 If.
(
(
1972 If.
(
1973.
Payable in
dollars
Payable in
foreign
currencies
(3)
(1)
(2)
3,511
4,428
3,124
3,958
387
471
5,780
5,283
496
5,863
5,901
5,388
5,439
475
463
6,659
7,017
6,174
6,550
484
466
7,899
7,186
713
1974.
9,799
8,899
900
1975.
10,345
9,740
605
1976.
10,099
9,390
709
1977.
11,085
10,284
801
1978-Jume.
Sept.
11,870
12,786
11,044
11,955
825
831
1978-Dec. If 2/.
12,807
14,192r
11,819
ll,136r
988
3,056r
1979-Mar. ..
13,683
10,984
2,699
June p.
14,641
12,126
2,515
If 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 th*ose shown for the following date.
2/ See introductory text to Capital Movements Section for explanation
p
of changes in reporting,
Preliminary.
*
Revised.
104
Treasury Bulletin
CAPITAL MOVEMENTS
— ■ - ...
Section IV - Liabilities to Foreigners Reported by Nonbanking Business Enterprises in the United States
Table CM-IV-2. - Total Liabilities by Country
(Position at end of period in millions of dollars)
Country
1973
Europe:
Austria....................
1974
3
314
n.a.
n.a.
45
7
171
n.a.
624
48
n.a.
248
343
Denmark....................
German Democratic Republic.
Germany....................
Greece.....................
Hungary....................
Turkey.....................
United Kingdom.............
Total Europe...............
„
1977
1976
24
495
n.a.
n.a.
35
4
207
n.a.
655
22
790
n.a.
n.a.
53
16
227
n.a.
787
40
n.a.
268
335
10
n.a.
13
n.a.
79
53
674
1975
20
n.a.
259
328
21
12
n.a.
4
n.a.
60
656
25
2,637
39
76
n.a.
13
n.a.
44
72
449
14
2,265
24
123
20
1
1
37
9
449
40
3
313
39
7
478r
I
900r
43
*
357r
572r
24
4
9
25
167
1
1
664
38
680
72
*
228
495
23
3
11
61r
362r
*
50
424
*
1
1
n.a.
173
518
7
4
200
421
11
37
342
86
Mar.
Dec. 11
Sept.
27
299
n.a.
n.a.
38
9
276
n.a.
539
21
343
n.a.
n.a.
38
3
230
n.a.
561
49
n.a.
n.a.
19
n.a.
61
72
728
86
1979
1978
Calendar year
1
201
475
24
4
9
12
20
119
81
554
104
2,312
98
77
17
159
99
499
56
2,363
20
n.a.
83
60
504
109
1,956
107
90
18
22
122
518r
55
2,824r
85
28
June p
41
334
*
45
393
*
1
1
37
5
477
42
5
481
2
1
768
40
723
39
1
1
154
578
26
14
261
590
26
15
13
26
168
87
519
24
2,812
81
23
29
12
33
218
90
620
19
2,784
76
119
10
8
2,073
9
16
29
2,497
57
40
23
4,769
6,053
5,651
4,903
4,916
5,633
5,747
6,702r
6,333
6,543
367
407
464
487
566
626
718
866r
836
854
25
899
n.a.
65
n.a.
13
9
*
n.a.
n.a.
n.a.
49
39
551
n.a.
46
514
n.a.
106
n.a.
14
17
*
n.a.
n.a.
n.a.
45
440
n.a.
77
n.a.
18
13
*
n.a.
n.a.
n.a.
44
478
44
56
125
454
93
81
151
135
447
151
85
175
16r
46
*
28
137
423
80
74
86
120
134
491
84
94
124
15
44
*
32
7
14
264
35
60
25
13
408
104
503
118
183
239
18
57
*
29
14
18
335
90
116
39
27
7
388
80
80
2,135
2,365
55
137
93
85
60
184
96
90
139
114
1,156
64
111
28
26
20
22
Latin America and Caribbean:
Brazil.....................
Chile......................
Cuba.......................
Mexico.....................
Netherlands Antilles 2!••••
Panama.....................
17
16
n.a.
3
37
n.a.
23
14
*
n.a.
n.a.
n.a.
63
34
27
14
n.a.
3
50
100
222
n.a.
n.a.
145
46
25
15
23
4
219
89
199
231
313
1,233
1.137
1,229
1.351
42
35
41
14
15
33
807
37
n.a.
n.a.
n.a.
23
n.a.
n.a.
17
93
1
1
110
7
60
53
714
75
n.a.
n.a.
n.a.
31
n.a.
n.a.
6
10
12
Trinidad and Tobago.......
Uruguay..... ..............
Venezuela..................
Other Latin America and
121
1
64
19
29
n.a.
3
211
18
43
*
23
7
239
104
80
73
1,484
1,766
1,747
2
47
151
70
27
67
73
1,158
42
3
14
19
99
56
154
81r
26
73
96
1 ,102r
58
3
13
19
220
223
3
59r
1,591
41r
11
37
36
25
n.a.
4
11
40
*
27
9
17
164
50
45
51
17
15
325
20
12
19
207
99
53
53
17
15
349r
79r
221
17
47
*
49
13
14
337
99
73
21
Total Latin America and
... l,986r...
Asia:
China:
India......................
Oil-exporting countries 3/.
J
Total Asia.................
Africa:
Egypt.............:........
96
18
7
136
34
674
68
n.a.
n.a.
n.a.
21
n.a.
n.a.
18
41
23
98
42
589
71
n.a.
n.a.
n.a.
62
n.a.
n.a.
25
8
157
42
37
56
67
999
103
179
65
23
49
72
1,119
103
2
f
185
617
1.117
1.344 I
1.697
2.191
2.406
10
37
n.a.
n.a.
10
100
6
27
n.a.
n.a.
45
54
36 (
8
20
16
3
75
69
5
17
1,511
r
1.238
18
158
167
43
1,751
31
10
„
...3,178.
..
.1*823
100
3
56
1,524
43
11
... .
3,61$
.
86
82
1,080
79
2
2
25
39
133
255
23
19
117
231
17
59
1,154
59
3.700r
11
68
1,258
34
.
1,728..
\
19
3
n.a.
n.a.
14
47
18
J
HI
113
241
445 V
46
320
52
34
3
5
146
35
56
332
53
176
196
393
608
574
664
711
103
121
123
18
141
116
19
134
18
153
135
14
131
75
9
100
120
11
- .150 ,
142
84
116
150
10,069
9.891
13,555
14,540
*
128
_
101
n.a.
n.a.
15
21
Oil-exporting countries l±f.
20
13
4
6
112
20
f
40
4
6
166
45
88
311
53
46
4
3
166
50
45
20
314
60
4
4
167
69
91
346
58
3
194
62
107
414
67
729
759
900
86
8
Other countries:
12
1 1 5 - ..
International and regional:
International..............
Latin American regional....
African regional...........
Middle Eastern regional....
30
iSL__.
135,
..
7,899
9,641
*
*
*
_
_
*
*
*
158
276
208
215
125
125
_
_
n.a.
_
_
n.a.
_
'
n.a.
_
n.a.
_
_
-
_
_
-
n.a.
n.a.
-
_
10.870
_
_
12.661
_
12.682
_
*
125
_
*
_
-
16
30
*
_
_
_
-
_
-
Total international
If
*
158
276
208
215
125
125
7,899
9,799
10,345
10,099
11,085
12,786
12,807
Data in 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. (See
introductory text to Capital Movements Section for explanation, of
changes in reporting.)
2/
3/
4/
*
r
125
14,192r
128
101
13,683
14,641
Through December 31, 1975, Suriname included with Netherlands Antilles,
Includes Bahrain, Iran, Iraq, Kuwait, Oman, Oatar, Saudi Arabia, and
the United Arab Emirates (Trucial States),
Includes Algeria, Gabon, Libya, and Nigeria.
Less than, $500,000p
Preliminary.
n.a.
Not available,
Revised.
December 1979
CAPITAL MOVEMENTS
Section IV - Liabilities to Foreigners Reported by Nonbanking Business Enterprises in the United States
Table CM-IV-3. - Total Liabilities by Type and Country as of
June 30, 1979 Preliminary
(Position in millions of dollars)
Financial liabilities
Country
Total
liabilities
Total
(1)
(2 )
Payable
in dollars
(3)
Europe:
Belgium-Luxembourg........
45
393
*
1
France................. .
German Democratic Republic.
Germany................. .
Hungary....................
Netherlands................
Romania....................
Spain.i....................
Sweden.....................
Switzerland................
Other Europe...............
Total Europe...............
Latin America and Caribbean:
Argentina.............. .
Bahamas.... ............. .
Chile......................
Cuba.......................
Ecuador....................
Jamaica....................
Netherlands Antilles......
Panama.....................
Trinidad and Tobago.......
Other Latin America and
Total Latin America and
Caribbean..................
42
5
481
2
768
40
1
154
578
26
14
12
33
218
90
620
19
2,784
76
119
20
313
*
*
16
*
142
-
295
4
*
65
375
2
*
2
*
25
37
181
20
256
*
*
1
*
61
-
91
4
*
9
260
2
*
2
*
13
20
59
2
2
1,838
1,149
22
2
2
11
6,543
3,336
1,964
854
195
92
22
22
438
38
19
118
430
3
19
92
104
503
118
183
239
18
57
*
29
14
18
335
90
116
39
27
7
388
2
2
11 *
6
6
16
*
9
7
17
132
16
*
9
7
16
131
88
88
19
3
19
3
1
1
5
65
5
61
Lebanon....................
Malaysia...................
Pakistan...................
Philippines................
Singapore..............
Syria......................
*
58
-
_
15
-
81
-
204
_
_
56
116
_
_
_
_
13
17
123
*
689
Total
(5)
25
80
*
1
26
4
339
2
473
36
1
Trade
payables
(6 )
3
43
*
*
4
3
184
2
168
6
1
90
47
202
101
12
24
14
9
33
193
53
439
16
946
74
117
3
6
2
27
26
123
1
Other
(7)
22
37
*
1
21
1
155
*
305
29
*
42
101
12
11
4
32
165
26
316
15
361
37
11
585
38
7
5
1,371
3,207
1,397
1,810
104
659
368
291
_
82
65
80
165
65
77
6
75
*
110
55
3
-
*
*
8
35
*
26
_
_
_
_
*
1
1
*
_
110
6
2
121
12
118
10
2
41
*
13
*
16
7
28
_
4
20
7
2
1
203
149
2
98
35
26
1
97
23
_
2
11
2
3
323
262
1
*
54
1
1
13
15
*
61
80
51
51
1
29
22
7
2,365
1,052
977
75
1,313
990
322
60
184
96
90
139
114
1,156
64
*
3
9
*
3
9
*
60
181
87
1
1
10
1
1
10
3
23
28
9
27
57
158
59
79
Asia:
China:
Taiwan...................
Hong Kong..................
India......................
Indonesia...........
Israel.....................
Japan......................
Commercial liabilities
Payable
in foreign
currencies
(4)
2
25
39
133
255
11
68
656
1
1
343
1
1
_
1
*
_
_
313
*
_
_
*
*
4
*
*
4
1
*
*
1
*
2
1
*
_
*
_
88
138
105
500
63
2
25
39
130
254
11
66
6
142
23
1
18
1
56
11
10
6
111
99
358
41
*
7
38
73
244
1
1,292
38
36
2
1,254
598
Total Asia.................
3,728
725
409
316
3,003
961
60
656
2,041
Africa:
Egypt......................
45
1
*
*
*
*
1
45
10
34
_
_
Liberia....................
Zaire........ .............
Other Africa................
Total Africa...............
8
*
*
8
*
3
8
*
3
*
3
it
3
193
61
107
478
104
312
*
187
49
3
166
900
6
5
1
894
447
447
120
3
3
*
2
2
*
116
28
23
26
93
30
150
5
5
*
145
49
96
14,540
5,319
3,453
1,866
9,221
4,213
5,008
3
194
62
107
481
*
1
1
_
_
6
12
Other countries:
Total foreign countries.....
International and regional:
International..............
Latin American regional....
*
*
101
101
*-
2
*
101
African regional..........
Middle Eastern regional....
Total international
and regional...............
101
-
-
-
101
*
101
Grand total..................
14,641
5,319
3,453
1,866
9,322
4,213
5,109
*
Less than $500,000.
_
-
_
-
-
-
-
_
-
106
_
Treasury Bulletin
___________________________________________CA PITA L M OVEM ENTS ..
__________________________________
Section V - Claims on Foreigners Reported by Nonbanking Business Enterprises in the United States
Table CM-V-1. - Total Claims by Type
(.In millions of dollars)
Payable in dollars
End of calendar year
or quarter-end month
Total claims
f
^
1970..........................
1971 1/..................... .
1972 1/.......................
f
^
f
^
Other
Deposits
(2)
(3)
(4)
5,925
6,523
5,339
5,895
n.a.
n.a.
n.a.
n.a.
(1)
1969 1/.......................
Total
Payable in foreign currencies
Total
(5)
586
628
Deposits
(6)
Other
(7)
221
244
365
383
7,110
6,528
n.a.
n.a.
582
234
348
8,303
8,068
7,652
7,534
n.a.
n.a.
n. a.
n.a.
651
533
318
289
333
244
9,094
9,960
8,445
9,309
n.a.
n.a.
n.a.
n.a.
649
651
411
393
238
258
394
1973..........................
12,529
11,642
n.a.
n.a.
887
493
1974......................... .
15,806
14,785
n.a.
n.a.
1,022
473
548
1975..........................
17,047
15,942
n.a.
n.a.
1,105
566
539
1976..........................
19,350
18,300
n.a.
n.a.
1,050
452
599
1977......................... *
21,298
19,880
n.a.
n.a.
1,418
613
805
1978—June............ ..........
Sept....... ..............
23,229
23,260
21,665
21,292
n_a.
n.a.
n.a.
n.a.
1,564
1,968
673
803
890
1,1-65
25,160
27,193r
23,396
24,223r
n.a.
9,707r
1,764
2,970r
937
l,063r
29,714
29,048
26,939
12,991
n.a.
14,516r
1 QA ft
2 j7/5
26,181
11,873
14,308
2,867
908
961
Dec. 1/ 2/...............
1979-Mar......................
1/
f
^
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/
827
l*908r
1,8*7
1,905
See introductory text to Capital Movements Section for explanation
of changes in reporting.
n.a. Not available.
p Preliminary.
r
Revised,
107
December 1979
.—
■■
CAPITAL MOVEMENTS
.............................. - —
Section V - Claims on Foreigners Reported by Nonbanking Business Enterprises in the United States
Table CM-V-2. - Total Claims by Country
(Position at end of period in millions of dollars)
Calendar year
1978
1979
Country
1973
1974
1975
1976
1977
Sept.
Dec . 1/
Mar.
June p
Euro£e:
Bulgaria...................
Czechoslovakia.............
France.....................
German Democratic Republic.
Italy......................
Sp^in......................
Yugoslavia.................
Latin America and Caribbean:
Argentina..................
Brazil.....................
British West Indies.......
Chile......................
25
116
n.a.
n.a.
48
50
321
n.a.
289
34
143
n.a.
n.a.
43
127
482
n.a.
359
88
86
n.a.
286
447
48
n.a.
62
n.a.
297
95
154
51
1,835
97
52
58
4,419
103
33
87
5,458
28
177
n.a.
n.a.
39
87
348
n.a.
392
48
n.a.
421
384
48
n.a.
50
n.a.
454
104
301
29
2,232
161
44
104
5,450
2,399
2,897
3,521
4,148
95
756
n.a.
377
n.a.
288
52
111
613
n.a.
655
n.a.
540
67
95
674
n.a.
581
n.a.
352
151
1,511
n.a.
814
n.a.
282
92
n.a.
435
422
49
n.a.
90
n.a.
414
131
180
29
2,211
10
n.a.
n.a.
n.a.
318
13
66
10
10
32
198
n.a.
n.a.
57
94
497
n.a.
450
60
n.a.
415
322
67
n.a.
52
n.a.
402
139
298
26
2,703
176
36
35
250
n.a.
n.a.
58
30
587
n.a.
524
44
n.a.
415
248
53
107
90
n.a.
433
167
269
46
3,105
67
32
64
6,147
1-22
10
38
208
3
5
35
67
690
8
12
882
103
7
475
293
69
6
425
248
53
18
65
11
781
82
3
525
383
71
6
391r
170
306r
38r
4,616r
123
52r
24
6,627
6.811
8.088
8 .949r
9.009
9.306
4,457
5,503
5,093
5,568r
6,250
6,108
124
2,060
119
637
613
248
109
9
75
n.a.
n.a.
491
38
227
73
23
23
499
104
2,359
203
563
930
216
94
115r
2,967r
294
776r
1,284r
199
135
4,215
303
627
2,448
184
486
108
2,696
208
775
1,125
196
118
9
70
46
89
648
42
207
76
27
7
443
20
21
22
70
23
329
157
323
38
5,204
150
54
59
121
102
144
3,263
175
622
2,289
182
115
9
72r
44
92
674r
42
217
75
27r
7
439r
9
67
50
89
654
49
149
83
34
77
54
84
746
38
155
90
40
21
11
414
444
349
351r
344
351
6,430
7,242
7,806r
9,980
8,889
23
196
135
89
23
290
144
83
20
10
634
621
570
687
1,036
500
346
2,901
3,726
4,005
5,214
5,868
21
17
184
69
48
126
168
1,342
365
n.a.
n.a.
n.a.
180
n.a.
n.a.
30
60
214
113
47
164
175
3
231
98
60
268
213
989
346
n.a.
n.a.
n.a.
175
n.a.
n.a.
9
180
103
43
431
257
1,134
369
\
175
52
51
93
130
1,068
194
n.a.
n.a.
n.a.
159
n.a.
n.a.
27
/
332
478
2,302
13
n.a.
n.a.
4
85
Other Latin America and
10
924r
104
9
496r
360r
74r
21r
82
425
136
404
39
3,158
44
35
-in
65
n.a.
23
172
22
8
60r
43
783r
38
223
4
4
57
41
654
76
15
390
169
306
39
3,988
75
41
25
12
n.a.
n.a.
n.a.
527
36
186
82
n.a.
25
461
110
47
235
3
4
59
56
660
9
767
85
495
356
73
19
78
16
298
161
344
40
4,964
127
61
45
n.a.
n.a.
n.a.
577
33
207
67
n.a.
Netherlands Antilles 2/....
Panama..... ...............
3
7
53
35
767
611
48
n.a.
n.a.
n.a.
460
23
243
63
n.a.
23
348
Guatemala..................
39
191r
3
37
201
60
42
88
599
46
185
74
20
6
10
Total Latin America and
Asia:
China:
Taiwan...................
India..............-.......
Japan......................
Lebanon....................
Syria... -.......... -..... .
Oil-exporting countries 3_/.
Total Asia.................
Africa:
Egypt-.....................
South Africa...............
1,221
459
n.a.
n.a.
n.a.
174
n.a.
n.a.
27
307
1,305
392
24
573
5?
3,716
3,898
29
35
21
43
39
258
43
8
f
640
655
\
3,007
3,294
3,065
3,594
1&
n.a.
n.a.
n.a.
n.a.
22
27
n.a.
n.a.
95
11
35
6
11
21
100
Oil-exporting countries 4/. \A
Other Africa............... J
19
118
31
125
36
211
323
381
394
Total Africa...............
331
m.
, — 222____
,
9 ........
......... -
_____
113
31
25
117
147
%7
t
(
I
201
326
1,227
374
18
33
24
240
83
5
30
636
56
27
8
222
20
265
139r
128
209
319
1,283r
405r
22
20
35
38
216
62
7
39
693
41
35
37
241
a9
7
41
731r
40
92
16
105
21
21
132
191
146
198
3.782
57
3
53
4
134
14
125
14
163
1,101
421
17
35
34
216
86
&
40
686
47
6r
95
17
llOr
16
148r
195
L
_______5S£...... ______ 622... .
3.583
66
205
326
$,PQ2r_
8
11
85
19
I00
32
33
186
104
76
228
311
1,225
400
19
46
31
224
98
7
44
708
43
170
119
111
16
95
14
158
196
fisn
................
211
7T7
Other countries:
International and regional:
International..............
Latin American regional....
Middle Eastern regional....
129
42
145
69
138
59
138
53
139
50
141
54
146
55
172
214
196
192
189
194
m
12,524
15.801
17.040
19.342
21.281
23*243
*
*
4
*
u. a.
n.a.
*
*
5
*
_
n.a-
*
*
*
6
?
*•
I
*
Ifr
15
*
n.a.
1
n.a.
r
7
a
r
' 17,047
19t35fr
_
n.a.
,
25.144
1
1
L
*
*
15
167
56
212r
„ , 225
227
27.176r
29.695
29.030
lr
_
:
-
169
59
2
2
2
1
15
_
-
157r
56r
;
15
*
2
15
'
_
-
-
Total international
4
Grand total... ....... ..... .
12,529
15,806
1/ Bata in two columns shown for this date differ because of changes in
reporting coverage. Figures fn 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. (See
introductory text to Capital Movements Section for explanation of
changes in reporting.)
17
17
16
21,298
23,260
25,160
17
^
27,193*
19
19
29,714
29*048
2/ Through December 31, £975, Suriname included with Netherlands Antilles,
3/ Includes Bahrain, Iran, Iraq, Kuwait, Chum, Qatar*. Saudi Arabia^ and“ the United Arab Emirates (Trurcial States),
hf Includes Algeria-, Gabon-, Libya,, and M g e r i a „
* Less than $500,000p Preliminary.
n^a. Not available,
r Revised.
Treasury Bulletin
CAPITAL MOVEMENTS
Section V - Claims on Foreigners Reported by Nonbanking Business Enterprises in the United States
Table CM-V-3. - Total Claims by Type and Country as of June 30, 1979
Preliminary
(Position in millions of dollars)
Country
Europe:
Belgium-Luxembourg........
German Democratic Republic.
Italy......................
Q
Total
claims
Total
finan
cial
claims
(2 ) ir
(1 )
38
223
4
4
57
41
654
11
1
781
82
3
525
383
71
361
22
3
43
70
23
329
157
323
38
5,204
150
54
59
Total
(3)
12
2
54
_
*
40
_
*
*
22
22
182
151
_
174
*
15
42
*
*
42
1
1
_
17
80
1
1
40
68
81
3
4,491
5
Denominated in
foreign currencies
Denominated
in dollars
Deposits
(4)
*
25
*
_
_
59
_
141
_
*
6
_
1
10
14
-
14
-
22
*
*
30
_
*
92
_
34
* '
15
36
*
1
1
186
*
2
38
*
2
Chile......................
Cuba.......................
Peru.......................
1
13
26
169
4
3
57
19
472
23
127
4
3
53
18
396
1
10
10
10
-
-
36
*
-
420
82
3
508
303
71
*
*
2
20
2
2
402
78
3
497
277
51
18
26
_
_
1
1
-
1
22
22
1
29
24
39
24
5
15
231
*
297
5
7
*
67
5
7
1
12
11
1
289
90
243
35
712
145
47
45
283
90
219
34
675
83
45
44
_
10
_
24
_
3,802
*
67
18
3
392
_
*
*
_
16
-
*
*
*
*
27
Other
(11 )
3
43
it
3
1
76
*
18
4
it
11
26
20
2
1
*
6
*
23
1
38
62
8
*
14
1
*
*
9,306
5,486
4,808
4,071
737
678
533
145
3,820
3,479
341
6,108
4,964
3,484
2,371
1,114
1,480
142
1,338
1,144
1,050
94
22
21
122
120
34
17
_
72
1
3,094
56
*
3,060
39
_
1
3,165
57
1
1
1
144
3,263
175
622
2,289
182
115
122
120
2,264
127
2,224
127
9
11
10
77
54
84
746
38
155
90
40
11
Other Latin America and
*
14
*
*
17
*
170
*
-
40
Latin America and Caribbean:
Brazil.....................
(7)
2
_
*
Total
(6 )
Other
<8 )
*
11
67
42
3
4,194
Other
(5)
Deposits
Commercial claims
Trade
Total
commer
receiv
cial
ables
claims
(10 )
(9)
444
12
11
72
164
15
81
47
3
*
148
12
11
71
158
14
80
47
3
*
143
2,222
*
*
_
*
*
_
20
*
4
*
*
_
2
21
120
2
127
9
_
11
11
72
2
2
-
40
*
*
40
*
-
1
1
1
_
*
*
_
*
*
_
-
71
138
14
76.
46
3
*
141
*
_
5
*
_
2
_
_
_
4
4
2
6
1
1
1
2
*
1
1
1
6
98
118
500
25
55
104
96
109
484
25
53
104
10
10
65
43
11
582
24
73
42
37
11
65
43
9
569
23
72
42
37
11
2
1
1
1
9
16
*
2
1
-
it
*
3
13
it
1
*
it
it
295
287
8
-
187
184
3
351
164
160
1
159
4
8,889
6,487
6,349
5,349
1,000
138
124
14
2,403
2,343
60
_
_
_
_
_
3
4
_
3
3
*
_
*
_
*
-
33
183
32
181
99
it
3
5
7
51
226
216
167
*
5
5
64
26
Total Latin America and
Asia:
China:
India......................
Malaysia................
Africa:
Egypt......................
Liberia....................
Zaire......................
Other Africa...............
Other countries:
Total foreign countries.....
International and regional:
International..............
Latin American regional....
Middle Eastern regional....
Total international
*
Less than $500,000.
33
186
104
76
228
311
1,225
400
19
46
31
224
98
7
44
751
6
1
_
12
10
_
*
_
*
6
5
1
559
157
133
24
2,985
2,797
-
4
4
48
48
21
31
13
114
4
277
2
22
9
73
*
5
24
2
102
*
4
3
13
113
4
266
1
11
20
3
14
*
2
3
13
3,782
797
640
81
53
4
134
14
125
14
374
5
1
1
3
3
165
75
935
*
48
222
26
166
*
1
2
1
66
*
*
4
46
*
_
1
*
69
177
85
1,008
233
19
41
26
160
72
7
41
731
6
48
226
72
166
*
5
5
63
25
3
25
1
1
2
100
5
4
61
*
_
*
144
1
*
*
*
1
_
*
2
*
124
*
*
*
*
*
-
21
1
_
_
*
1
*
201
18
37
25
154
68
7
41
692
73
32
*
5
*
5
4
*
1
39
188
*
-
1
102
102
11
10
6
10
97
73
*
*
*
*
717
227
192
1
191
34
27
7
490
468
22
169
59
24
9
11
1
10
14
*
*
2
11
144
50
137
49
*
227
33
20
1
18
14
2
11
194
186
8
3,620
2,501
961
1,540
11,036
10,322
714
_
_
15
_
_
_
-
_
_
_
_
_
-
29,030
2
2
15
*
*
*
9
17,994
15,493
15
15
11,873
-
6
9
1
1
*
1
-
_
_
-
-
-
-
-
-
19
15
15
-
15
"
-
29,048
‘
18,009
15,508
11,873
3,635
2,501
961
*
1,540
2
2
*
_
_
-
2
2
*
_
_
-
10
1
*
8
_
_
_
_
_
-
4
4
-
11,039
10,325
714
December 1979
^
---------------------------------------------------------------------------CAPITAL M OVEM EN TS_________________________________________________
Section VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brbkers in the United States
Table CM-VI-1. - Foreign Purchases and. Sales of Long-Term Domestic Securities by Type
Calendar year
or month
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
1 -------Corporate and other securities
Marketable Treasury bonds and notes
U.S. Gov't, corporations and
Federally-sponsored agencies
JStocks
Bonds 1 ]
Net foreign purchases
Total
Foreign countries Inter
Net
Gross
Gross
Gross
Gross
Net
Gross
Gross
Net
national
foreigi foreign
foreign foreign
foreign
foreign
foreign
foreign foreign
Official Other
and
sales
purchases
purchases
purchase!
purchases sales
sales
*
purchase: purchases
insti
foreign regional
tutions ers
Gross
Gross
foreign
foreign
purchases sales
(2)
(3)
(14)
(15)
-45
1969........ .
56
1970............
1971............ 1,672
1972............ 3,316
305
1973............
-472
1974............
1975............ 1,995
1976............ 8,096
1977............ 22,843
-115
-41
1,661
3,281
465
-642
1,612
5,117
20,377
59
-123
-119
-22
S
69
203
277
753
11
-2$
130
57
-165*
101
180
2,702
1,713
528
691
2,414
4,358
2,-73d
3,382
8,898
25,610
39,818
574
634
742
1,043
2,433.
3,854
6,903
17,514
16,974
n.a.
n.a.
n.a.
n.a.
n.a*n.a.
n.a.
n.a.
2,712
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
4,297
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
1,585
1,202
956
703
1,881
1,961
1,039
766
1,202
1,467
3,054
2,499
2,967
4,723
5,828
8,621
5,408
5,529
3,442
1,853
1,543
2,263
2,842
3,867
7,582
4,642
4,327
1,975
1,487
626
731
2*,188
2,790
540
4,678
2,753
2,675
12,429
# 8,927
11,626
14,361
12,767
7,636
15,355
18,227
14,154
10,942
8,301
10,894
12,173
9,978
7,096
10,678
15,475
11,479
1978............ 4,702
1979-Jan.-Oct. p, “3,396
3,747
2,265
580
569
376
562
32,354
27,651
29,733
‘
1,263
’o30
4,516
4,595
3,253
3,965
1,196
*33,129
326
3,459
2,483
2,264
2,157
2,420
1,248
20,142
18,352
17,723
17,104
1978-Oct.......
l,4l0
225
, -514
592
64
-351
54
-66
93
764
228
-256
4,219
2,960
1,029
2,809
2,736
1,543
80
36
134
419
220
579
338
184
445
117
-45
1§6
309
217
306
192
262
119
-2
103
336
1,521
1,461
1,438
1,523
1,359
1,102
1979-Jan.......
Feb.......
69
-543
510
602
-913
277
1,497
584
681
632
168
-517
524
242
-149
298
1,033
515
101
50
153
140
92
3
27
101
58
-80
-19
95
-252
-165
-106
356
-791
-121
407
149
600
486
3,549
1,929
2,073
3,321
2,367
2,165
5,046
4,800
2,611
5,270
3,480
2,471
1,563
2,719
3,280
1,887
3,549
4,'216
1,930
4,638
-157
-63
52
186
-191
183
247
95
9Q
190
409
213
352
391
486
739
649
504
233
620
566
276
300
206
677
557
402
409
143
430
93
-30
51
24
132
105
-26
-38
21
-6
232
240
240
196
378
342
220
226
165
244
139
271
189
173
245
236
246
264
145
250
59
121
505
95
191
66
-8
158
51
10 .
1,362
1,387
1,944
1,615
1,579
1,860
1,766
2,382
2,074
2,382
1,303
1,266
1,439
1,520
1,389
1,794
1,774
2,224
2,023
2,372
(1)
July......
Aug.......
Sept* p....
(4)
(5)
(6)
(8)
(7)
(9)
(10)
(ID
(12)
(13)
....
1/
Data include transactions in issues of states and municipalities.
Through December 1976, data also included transactions in issues
of U.S. Government corporations and Federally-sponsored agencies.
p
n.a.
Preliminary.
Not available,
Table CM-VI-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 bonds
Foreign stocks
Net
foreign
purchases
of foreign
securities'
(1)
Net
foreign
purchases
1969............................
1970............................
1971............................
1972............................
1973............................
1974............................
1975.............................
1976.............................
1977.............................
-1,547
-915
-984
-622
-818
-2,034
-6,526
-9,097
-5,506
-1,029
-951
-935
-1,031
-993
-2,218
-6,338
-8,774
-5,096
1,552
1,490
1,687
1,901
1,474
1,036
2,383
4,932
8,040
2,581
2,441
2,621
2i932
2,467
3,254
8,720
13,706
13,136
-517
35
-49409
176
184
-188
-323
-410
1978.............................
1979-Jan.-Oct. .............
-3,489
-4,016
-3,977
-696
-284
61
-3,321
-677
-447
73
11,045
10,169
941
855
1,020
15,061
13,490
527
-656
1,618
1,302
948
-585
-344
-28
2
77
-707
-412
-643
-1,063
-273
-595
-317
-30
-11
10
-689
-345
-543
-725
-75
789
'952'
1,194
893
860
1,011
984
1,575
829
1,081
1,384
1,269
1,224
904
851
1,700
1,330
2,118
1,554
1,156
Calendar year
or month
1978-Oct#•«»••••••••••••••••••••
1979-Jan........................
Feb........................
Apr........................
July.......................
p Preliminary
(2)
Gross
foreign
purchases
(3)
Gross
foreign
sales
Net
foreign
purchases
(4)
(5)
Gross
foreign
purchases
(6)
Gross
foreign
sales
(7)
1,519
1,033
1,385
2,532
1,729
1,907
l r542
1,937
2,255
2,037
998
1,434
2,123
1,554
1,723
1,730
2,259
2,665
3,666
3,744
3,139
4,400
-19
163
-12
299
360
232
31S
197
244
11
-28
2
13
'67
-18
-67
-100
-338
-198
265
232
331
369
554
403
329
377
420
466
254
260
>29
356
487
421
396
476
758
663
-
110
Treasury Bulletin
.............
— .... —
—
CAPITAL MOVEMENTS
Section VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-3. - Net Foreign Transactions in Marketable Treasury Bonds and Notes by Country
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
1979
Calendar year.
Country
1976
1977
Europe:
Austria....................
*
France.....................
German Democratic Republic.
n.a.
n.a.
*
18
53
n.a.
549
*
n.a.
-5
114
-22
_
*
*
186
480
_
-3,515
_
_
-85
1,245
11,606
1,541
*
45
237
15
55
1,025
-13
*
302
29
*
15
315
248
818
-28
3,064
Turkey.....................
-139
32
-136
82
-1
-1
it
-4
_
*
22
2
n.a.
61
*
3,943
*
-
-2
12
623
447
11
22
*
n.a.
*
-91
236
_
8,403
_
_
n.a.
*
n.a.
*
-85
206
*
122
Total Europe...............
it
-10
10
111
1
Portugal...................
Romania....................
Sp^in......................
*
*
-
10
5
n.a.
n.a.
-5
23
n.a.
2,404
1
Italy......................
1979
through
Oct. p
1978
Latin America and Caribbean:
*
1
3
*
Chile......................
Colombia...................
1
*
_
_
*
Jamaica....................
n.a.
n.a.
1
Panama.....................
Other Latin America and
-43
-5
*
_
145
8
Total Latin America and
Caribbean...................
Asia:
China:
Mainland.................
Taiwan...................
112
Oil-exporting countries \f .
Total Asia.................
Africa:
Egypt......................
it
it
it
-8
5
_
_
5
i
.
-
1
28
64
-53
-38
-
!
•
-11
8
5
125
319
-3
2
-1
i
|
*
*
_
_
*
-
_
_
_
*
15
-
_
-30
_
-21
20
-21
-
1
-
it
6
31
-
-
-15
-
-101
-10
594
.
77
3,887
*
98
_
58
4,451
-
-69
_
-33
-1,785
*
-1,247
-5
3,954
9,422
2,743
-438
_
_
_
_
_
_
_
_
_
_
_
_
_
*
*
_
_
_
_
221
*
-181
*
*
*
329
-
221
-181
329
-21
-1
12
Middle Eastern regional....
Total international
1/
it
150
*
*
*
*
*
2
_
*
-
-
*
150
2
*
-
*
-
1
2
-6
26
-
-21
-
-190
-176
8
-
-
7
5
4
50
-74
-10
-
*
-1
-272
-10
-
-20
*
-
-4
4
-
-20
-10
8
-193
-229
*
-
*
-
-
*
-
394
85
-
*
_
_
•_
_
_
_
*
*
*
it
~
“
"
"
*
-29
"
“
“
"
-2
.
72
-
41
2
_
_
_
_
_
_
_
_
_
*
*
>
_*
_
*
2
2
26
-198
-20
*
2
-61
299
50
-
-
“
-
“
-
-
*
*
*
*
*
*
-
*
*
-
-
-
*
11
-14
*
-
*
-
*
5,393
21,130
4,326
2,834
-122
399
1,090
435
81
146
2,584
1,741
443
-121
486
-
-28
-67
1
-
-
407
-
151
_
547
14
-802
_
International and regional:
Latin American regional....
-
-
*
*
*
-14
it
*
_
-8
-
125
_
_
-
-2
*
*
*
*
*
-136
192
_
-2
-
2*0
_
12
-69
-
1
-10
n.a.
n.a.
*
-7
5
*
-
93
-
12
-1
*
it
*
4,173
377
*
90
*
-7
63
449
-702
-
130
40
■
*
37
1,062
-104
_
-90
_
5
1
it
2
-
11
-1
-2
14
-
346
-15
10
-1
170
*
*
-78
*
-5
44
205
-43
-15
4
-8
3
5
«
*
4,668
-2
-1
1,165
*
*
-2
*
*
36
12
*
1
41
96
381
-10
'
•
-40
"
*
-3
260
“
923
-9
*
70
74
*
*
*
1
-2
Oct. p
-10
it
_
*
*
23
*
-
39
-8
*
it
it
-
20
Other countries:
Total other countries.....
-77
35
:
10
*
-5
31
16
-
Sept. p
Aug.
*
-
-2
-2
-11
_
_
*
_
_
it
_
-1
1
-55
8
-583
,
July
4
_
*
-
_
_
*
50
35
n.a.
Zaire......................
Oil-exporting countries 2/»
-84
*
*
*
June
1
*
*
*
84
_
2
_
-10
Syria......................
10
*
*
*
10
*
_
Japan......................
-15
*
*
*
153
_
_
n.a.
n.a.
*
52
May
119
_
11
_
_
_
n.a.
n.a.
-
-
2,702
1,713
376
562
-791
-121
8,096
22,843
4,702
3,396
-913
277
Includes Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia,
and the United Arab Emirates (Trucial States).
-
2/
p
*
"
600
~
407
149
600
486
1,49’
’
584
681
632
-
-2
-
_
■
Includes Algeria, Gabon, Libya and Nigeria,
Preliminary.
Less than $500,000.
n.a. Not available.
-
111
December 1979
CAPITAL MOVEMENTS
Section VI - Transactions in Long-Tetm Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-4. - Estimated Foreign Holdings of Marketable Treasury Bonds and Notes by Country
(Position at end of period in millions of dollars)
1979
Calendar year
Country
1976
Belgium-Luxembourg........
Bulgaria 1 / ................
Czechoslovakia.............
Denmark....................
German Democratic RepublicJt/
Italy......................
Poland '1/..................
Romania 1/ ....... ..........
1977
*
14
n.a.
n.a.
1
36
45
n.a.
764
*
n.a.
*
288
49
n.a.
*
n.a.
1
Turkey.....................
Total Europe...............
Latin America and Caribbean:
Bermuda 1 / .................
Brazil.....................
British West Indies 1/ ....
Chile......................
Ecuador 1 / ..... ...........
Guatemala 1/..............
Mexico.....................
Netherlands Antilles 1/ ....
Peru.......................
Trinidad and Tobago 1/ ....
Other Latin America and
Total Latin America and
Caribbean..................
Asia:
China:
Taiwan...................
Hong Kong........ .........
191
261
*
485
Pakistani/................
Philippines................
Singapore 1 / ...............
Syria 1 / ...................
Liberia 1/ .................
Total Africa...............
68
n.a.
3,168
10
n.a.
*
911
60
n.a.
*
n.a.
2
100
497
*
8,888
10
19
n.a.
n.a.
1
22
129
n.a.
7,110
10
n.a.
4
1,358
82
n.a.
*
n.a.
2
285
977
*
5,373
June
11
19
n.a.
n.a.
26
43
178
n.a.
7,881
*
n.a.
4
1,672
107
n.a.
*
n.a,
40
479
255
*
5,697
July
11
24
n.a.
n.a.
26
41
177
n.a.
7,804
*
n.a.
4
1,695
107
n.a.
*
n.a.
29
484
379
*
6,016
Aug.
11
Sept. p
11
24
n.a.
n.a.
36
42
172
n.a.
7,834
*
n.a.
4
1,655
107
n.a.
*
n.a.
30
48x
640
*
6,938
24
n.a.
n.a.
107
40
171
n.a.
8,005
*
n.a.
4
1,577
107
n.a.
*
n.a.
24
525
845
*
6,895
Oct. p
11
11
64
n.a.
n.a.
64
n.a.
n.a.
238
37
183
n.a.
8,135
*
n.a.
4
1,660
202
38
185
n.a.
8,006
*
n.a.
4
1,667
107
n.a.
*
n.a.
17
588
1,293
*
6,193
111
n.a.
*
n.a.
17
600
1,224
*
6,191
202
180
95
105
101
92
75
67
13,936
15,477
16,517
16,898
18,063
18,409
18,449
18,542
256
288
152
216
227
232
233
233
235
*
*
n.a.
*
n.a.
*
*
n.a.
*
n.a.
*
*
n.a.
*
n.a.
*
*
n.a.
*
n.a.
*
5
n.a.
*
n.a.
*
*
.
n.a.
n.a.
n.a.
*
4
n.a.
*
n.a.
*
153
-
n.a.
n.a.
n.a.
*
*
n.a.
*
n.a.
2
69
*
.n.a.
n.a.
n.a.
*
*
n.a.
*
n.a.
*
*
n.a.
*
n.a.
2
2
2
3
*
n.a.
n.a.
n.a.
3
*
n.a.
n.a.
n.a.
153
*
n.a.
n.a.
n.a.
77 . .
2
153
*
n.a.
n.a.
n.a.
21
2
2
153
*
n.a.
n.a.
n.a.
153
*
n.a.
n.a.
n.a.
21
21
21
21
21
21
162
163
163
165
21
170
7
*
n.a.
*
198
163
21
118
*
*
n.a.
*
149
165
165
12
*
n.a.
*
144
12
12
11
11
11
23
*
7
7
416
387
312
*
*
71
*
*
2,687
*
n.a.
n.a.
n.a.
10
n.a.
n.a.
78
6,486
9,323
Africa: '
Egypt......................
1
31
May
2,330
-
Israel................. .
10
19
n.a.
n.a.
1978
552
*
n.a.
*
183
*
n.a.
*
182
*
n.a.
*
182
*
n.a.
*
183
7
7
387
536
8
*
*
*
*
*
*
*
*
106
110
15
*
11,528
381
n.a.
n.a.
n.a.
121
21
121
10
121
21
11
6
*
*
6,860
369
n.a.
n.a.
n,a.
30
n.a.
n.a.
136
11,227
18,745
11
*
n.a.
*
183
*
n.a.
*
183
7
7
9
539
539
541
*
*
123
26
*
*
*
123
26
*
*
*
125
26
*
37
12,591
277
n.a.
n.a.
n.a.
13
n.a.
n.a.
8
8
n.a.
n.a.
103
9,343
21,488
n.a.
n.a.
93
7,447
n.a.
n.a.
93
7,433
26
*
9
13}090
307
n.a.
n.a.
n.a.
17
n.a.
n.a.
73
7,230
21,097
21,103
20,874
12,818
297
n.a.
n.a.
n.a.
13
n.a.
n.a.
63
7,608
20,960
*
n.a.
n.a.
*
*
692
*
n.a.
n.a.
*
*
692
*
n.a.
n.a.
_
*
*
692
*
n.a.
n.a.
*
*
692
*
n.a.
n.a.
8
*
13,014
381
n.a.
n.a.
n.a.
*
13,040
381
n.a.
n.a.
n»a.
11
11
12,789
297
n.a.
n.a.
n.a.
13
n.a.
n.a.
63
7,678
2
7,979
21,000
21,050
*
n.a.
n.a.
_
*
*
543
*
n.a.
n.a.
*
*
363
*
n.a.
n.a.
*
*
692
*
n.a.
n.a.
*
*
692
543
362
691
■691
691
691
691
691
691
*
*
*
*
*
*
*
*
*
*
12
*
*
*
*
*
*
*
Other countries:
_
*
*
692
*
11
*
*
*
*
*
*
*
12,765
33,895
38,221
38,905
39,303
40,393
40,829
40.910
41,055
2,905
128
*
4,646
-
5,089
4,400
4,551
5,150
5,636
100
33
*
4,114
_
48
3,993
Latin American regional....
Asian regional.............
48
48
46
46
46
-
-
-
Middle Eastern regional....
n.a.
n.a.
n.a.
Total other countries.....
International and regional:
*
-
1
_
n.a.
_
1
_
n.a.
_
1
1
.
n.a.
n.a.
_
_
1
1
_
_
n.a.
n.a.
Total international
3,033
4,746
5.122
4.163
4.042
4.449
15,798
38,641
43,343
43,068
43,345
44,842
Note:
Data represent estimated official and private holdings of marketable
U.S. Treasury securities with an original maturity of more than one year.
Data are based on a benchmark survey as of January 31, 1971, and the
monthly transactions reports. Country detail may not add to the area
totals or to Grand total.
1/
p
*
,
4,59.8..
45,426
5.197
________5.*£84 ...
46,107
Country or area not listed separately in benchmark survey^ therefore,
holdings are included in respective "Other" geographical category.
Preliminary.
Less than $500,000.
n.a. Not available,
46,739
112
Treasury Bulletin
—........—
■ ■
CAPITAL MOVEMENTS
Section VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-5. - Net Foreign Transactions in Long-Term Domestic Bonds, Other than Treasury Bonds and Notes, by Country
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
1979
Country
1976
1977
1978
1979
through
Oct. p
May
Europe:
-2
Bulgaria...................
Denmark....................
German Democratic Republic.
Germany....................
Hungary....................
Italy......................
Netherlands................
-26
n.a.
n.a.
-2
-10
39
n.a.
-49
-3
n.a.
-10
-29
2
S p ^ m ......................
Turkey.....................
Yugoslavia..............
n.a.
*
n.a.
2
2
1
39
n.a.
n.a.
*
*
-34
n.a.
-53
-
-20
1
68
n.a.
-6
72
30
*
2
n.a.
*
1
-2
30
*
4
12
10
*
*
1
28
94
*
1,690
*
-100
-22
*
930
-23
86
1,850
908
96
141
2
-6
15
9
1
Panama.................. .
-167
60
_
*
_
20
*
-
12
2
6
-18
-15
*
898
_
*
*
-7
-3
-11
-10
-1
-1
-1
-1
8
24
*
*
-32
*
*
-5
*
*
-
-9
10
*
1
-13
-4
232
-
*
-
-19
15
*
*
*
-1
-1
_
*
*
*
-2
5
_
*
_
3
*
4
23
_
_
-5
-16
_
15
*
1
-7
1
*
-7
If
*
_
-8
*
-1
-2
159
-5
19
_
*
84
102
106
4
*
8
9
17
8
*
31
*
4
3
*
*
*
3
4
*
-4
*
2
-10
8
1
*
*
*
*
*
*
-2
*
*
-
11
1
2
-1
1
*
*
*
*
5
*
-1
1
*
1
*
-4
*
7
3
4
-1
*
*
*
*
-
*
*
3
*
3
*
2
33
*
*
2
1
-1
17
*
*
*
3
*
2
*
94
64
98
_
*
_
*
3
*
*
1
164
41
5
Other Latin America and
*
-3
*
*
-3
-
163
1
2
1
*
-34
-
121
1
1
4
1
*
*
-37
-1
-11
1
3
59
-6
n.a.
n.a.
6
*
1
*
841
-1
20
Guatemala..................
-
*
Oct. p
*
24
*
*
1
34
*
*
*
-1
79
*
*
Sept. p
Aug.
169
*
3
11
Chile......................
Colombia...................
-1
1
July
-41
151
5
54
*
*
*
*
n.a.
n»a.
4
-3
*
5
2
5
155
*
23
*
-7
Latin America and Caribbean:
Bahamas....................
-3
-91
91
3
June
-2
-1
-1
-8
*
6
-1
2
-1
-1
*
-
98
*
2
*
*
*
*
-
*
*
*
_
*
_
_
_
_
1
*
*
_
*
*
-1
1
-1
2
_
*
*
3
*
_
*
*
*
*
*
-
*
*
1
-1
4
~
*
*
*
*
*
*
*
*
*
85
7
-10
11
10
-4
6
_
*
7
*
*
2
106
-15
*
*
5
*
*
*
23
*
-1
*
*
-73
*
“
*
*
-4
-
-46
100
*
*
*
*
*
5
*
*
*
*
40
45
~
*
*
*
-
-2
*
3
*
*
2
43
*
*
*
52
*
_
Total Latin America and
Asia:
China:
India......................
Japan......................
2
*
*
*
-137
*
1
Oil-exporting countries 1/.
Total Asia.................
Africa:
Egypt......................
Zaire......................
Oil-exporting countries 2 / .
Total Africa...............
n.a.
n.a.
*
-32
*
1,179
*
1.014
1
*
2
*
121
1
1
121
-1
1
*
-1
1,695
*
810
*
*
-153
*
2.033
941
-54
*
5
*
1
*
*
n.a.
*
*
*
-26
-2
-1
-25
-
*
*
-2
-2
-6
*
*
2
*
8
-
-2
*
_
*
50
*
*
*
-7
*
57
-11
*
1
I
“
*
“
*
*
*
*
*
*
■
"
“
“
■
*
2
*
*
*
*
1
★
*
*
*
*
*
-1
1
1
3
-2 0
*
*
*
-39
*
-55
1
1
*
*
*
*
*
*
*
★
Other countries:
“
“
"
it
★
"
*
-21
*
*
*
2
-1
-21
*
1
1
-1
1
*
*
*
*
*
*
1,243
4,083
2,049
981
87
254
222
71
23
44
-28
-138
*
-5
-3
-1
-14
-
29
5
-
87
-
140
-
“
*
1
*
1
International and regional:
International..............
European regional.........
Latin American regional....
5
11
313
-46
89
-4
100
-4
-5
9
Middle Eastern regional....
n.a.
n.a.
-
-
-41
96
409
-25
-146
34
-1
-14
87
140
1,202
4,179
2,458
956
-59
288
221
56
110
183
Tot&l
_
_
_
_
_
-1
_
_
-
-
.
_
-
-
-
|QT181
JL/
Includes Bahrain, Iran, Iraq, Kuwait, Oman, Oatar, Saudi Arabia, and
the United Arab Emirates (Trucial States).
2/
p
*
Includes Algeria, Gabon, Libya, and Nigeria,
Preliminary.
Less than $500,000.
n.a. Not a^ilable.
December 1979
U3
-CAPITAL MOVEMENTSSection VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-6. - Net Foreign Transactions in Domestic Stocks by Country
for<ftieners or
of a net outflow of capital from the United States)
.dollars: negative figures indicate nei sales by (IlLJBillionS1979
Country
Europe:
Austria................... .
Belgium-Luxembourg....... .
Bulgaria...................
Czechoslovakia........... .
Denmark................... .
Finland................... ,
France....................
German Democratic Republic,
Germany...................
Greece....................
Hungary...................
Italy.....................
Netherlands...............
Norway....................
Poland....................
Portugal..................
Romania...................
Spfin.....................
Sweden....................
Switzerland...............
Turkey....................
United Kingdom...........
U.S.S.R...................
Yugoslavia...,
Other Europe.,
Total Europe.,
Canada.
Latin America and Caribbean:
Argentina.................
Bahamas...................
Bermuda...................
Brazil..................
British West Indies......
Chile.....................
Colombia..................
Cuba......................
Ecuador...................
Guatemala.................
Jamaica...................
Mexico....................
Netherlands Antilles
Panama....................
Peru......................
Trinidad and Tobago......
Uruguay...................
Venezuela.................
Other Latin America and
Caribbean................
Total Latin America and
Caribbean...............
Asia:
China:
Mainland................
Taiwan..................
Hong Kong.................
India.....................
Indonesia.................
Israel....................
Japan.....................
Korea.....................
Lebanon...................
Malaysia..................
Pakistan..................
Philippines...............
Singapore.................
Syria.....................
Thailand..................
Oil-exporting countries 1/
Other Asia.,
Total Asia.
Africa:
Egypt.....................
Ghana.....................
Liberia...................
Morocco...................
South Africa..............
Zaire.....................
Oil-exporting countries 2/
Other Africa..............
1976
1977
1978
2
-40
n.a.
n.a.
-2
1
256
n.a.
68
17
9
-79
n.a.
n.a.
-5
1
40
n.a.
291
-5
n.a.
-15
22
-4
-3
3
n.a.
-8
-7
152
-4
613
*
5
5
10
*
*
12
47
3
620
11
*
-14
-22
-5
*
-2
-7
-16
-585
2
1,230
*
-6
n.a.
-4
-199
-8
n.a.
-8
n.a.
-100
1
340
1979
through
Oct. p
May
June
1
*
-
2
-4
*
14
*
*
48
_
-1
*
1
-7
1
*
*
*
18
*
74
*
1
*
*
41
*
-1
18
-19
*
*
*
8
*
_
*
_
1
_
_
-52
*
-12
*
-30
-1
*
-3
-3
-1
*
_
-2
1
-87
*
97
*
-4,8 .
it
1
-14
-
*
*
-20
-37
*
*
-2
*
*
*
_
-1
it
*
-48
-32
it
1
2
38
it
*
*
*
-68
*
83
-
it
-64
it
19
_
_
_
-5
3
*107
-34
1,283
63
136
11
-42
74
486
47
33
30
78
145
*
8
26
1
*
*
*
*
*
n.a.
n.a.
4
52
15
*
*
2
18
2
42
70
2
*
-1
2
*
-1
*
1
13
8
1
*
*
*
-1
44
-12
-3
-15
*
*
*
2
-3
*
1
*
*
*
*
12
-1
-2
-1
*
*
_
*
-1
-2
-2
*
-3
*
-1
*
*
-3
-2
-40
-3
*
*
1
-18
it
it
-24
* 4
*
-1
1
-24
2
*
*
*
*
1
-2
39
3
*
1
*
3
*
1
-1
*
2
*
*
-1
1
-26
*
*
*
*
-4
it
3
75
*
-15
*
*
*
1
n.a.
n.a.
35
45
-4
1
*
-1
16
-1
1
-i
1
*
*
*
*
it
*
155
127
1
-18
-28
-17
45
-8
-93
j
-2
4
*
3
1
21
-4
11
*
*
5
54
-9
38
-10
116
2
1
-6
74
*
*
1
;
i
1
151
1
------------ H
= = = = = = t
*
it
-
_
-52
it
it
it
*
*
*
*
*
*
1,803
-7
1,922
1,390
781
491
1
_
*
20
*
1,449
968
748
*
2
n.a.
*
1
*
1
4
*
*
7
*
-1
*
*
-2
it
*
-8
*
-3
*
-2
*
*
-10
*
4
*
*
-8
Total Africa.
7
5
-13
-13
Other countries:
Australia.....
All other.....
-3
-2
8
1
it
3
3
*
*
*
*
-4
8
2,740
2,661
13
*
15
-
-
-
6
2
-2
*
it
it
_
*
it
*
*
-5
*
*
-1
it
it
2
it
it
*
*
.
64
*
-15
-8
*
-15
it
*
_
-1
*
*
2
-48
-8
*
*
1
*
*
1
82
*
*
1/
_
*
*
19
it
2
2
-
65
7
*
*
*
2
Grand total.
-1
_
1,006
2
*
*
2
-9
1
Total international
and regional..............
it
-2
-33
336
-2
n.a.
n.a.
2
-4
*
International and regional:
International........... .
European regional....... .
Latin American regional..
Asian regional..........
African regional........
Middle Eastern regional..
-16
1
*
*
-15
1
_
*
*
*
-3
*
5
-
_
Oct. p
324
*
-1
33
Total other countries.
_
Sept. p
Aug.
3
-29
*
-1
-1
133
*
-193
-1
1
-8
-58
-2
_
*
_
*
3
-303
*
530
_
*
-12
7
-3
67
Total foreign countries....,
July
-3
182
1
2
*
*
it
-2
-8
*
*
1
I
it
3
2,466-46
*
-
1
1
-1
35
*
*
4
21
*
*
*
*
*
*
*
*
*
*
*
28
17
-1
-14
*
*
it
-3
*
*
*
*
*
-1
*
-1
*
-
*
_
*
15
-7
44
41
59
29
54
25
77
29
77
*
*
-1
*
2
*
*
-3
-2
*
*
*
*
*
' *
*
-3
it
-
*
-4
*
*
-2
*
-2
*
it
*
it
-2
*
*
*
-2
*
1
*
*
-3
-4
-4
-2
-1
-1
it
-1
*
1
*
7
*
1
*
-3
*
8
1
1
5
it
*
1
-1
*
*
-2
*
-1
*
*
-1
-1
*
*
4-
*
*
*
_
*
_
_
it
it
*
*
it
*
2
-1
*
1
-2
*
*
*
*
3
-1
-1
1
7
1
-3
1,235
191
67
-8
156'
58
10
13
-
*
-
-1
“
it
“
2
_
.
.
.
-
-7
-
*
-
-
-
_
-
n.a.
n.a.
*
"
13
15
-46
13
*
-1
it
2
-7
*
2,753
2,675
2,420
1,248
191
66
-8
158
51
10
Includes Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia,
and the United Arab Emirates (Trucial States).
“
2/
p
*
Includes Algeria, Gabon, Libya and Nigeria,
Preliminary.
Less than $500,000.
n.a. Not available.
"
Treasury Bulletin
114
CAPITAL MOVEMENTS----------------------------
Section VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-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)
1979
Calendar year
Country
1976
1977
1978
1979
through
Oct. p
May
Europe:
-47
-15
n.a.
n.a.
10
-56
-533
n.a.
-23
*
n.a.
-32
-5
-198
Bulgaria....................
Prance............... ......
German Democratic Republic.
Germany............. .......
Hungary.....................
Netherlands.............. .
Poland......................
Romania.....................
Sweden............... ......
Switzerland................
Turkey......................
3
-110
-134
n.a.
n.a.
-62
-114
-166
n.a.
-9
12
n.a.
*
-5
-322
-1
1
2
1
548
*
-107
8
-315
498
*
151
_
-3
1
-3
11
78
_
-8
-187
-126
_
267
-1
17
*
-461
_
1
_
-16
-135
149
*
19
_
12
9
Ecuador.....................
Mexico................. .
Netherlands Antilles ......
Panama..................
Trinidad and Tobago........
Venezuela..................
Other Latin America and
July
*
-1
6
-6
*
-98
-5
-16
*
-16
*
-
Aug.
Sept. p
9
-16
-15
-94
-25
6
*
*
1
-43
-221
1
2
-203
21
*
-698
3
*
1
*
*
13
5
*
*
-26
2
*
*
*
22
*
-60
1
*
36
1
*
1
5
2
-128
1
1
-27
*
-130
*
*
-17
*
1
-20
21
*
1
-28
-90
*
*
1
-18
-176
*
1
-51
-21
*
*
1
?
2
2
*
*
-1
2
*
_
*
_
*
2
-22
-34
_
-3
Oct. p
1
7
-2
*
8
1
*
-1
6
-2
*
*
5
-35
*
-46
-1
-455
-568
-373
-1,271
-43
-154
-291
-323
-48
-59
-5,231
-2,205
-3,099
-1,671
45
-184
-130
-20
-603
-165
-4
-56
n.a.
-12
n.a.
3
-2
*
n.a.
n.a.
n.a.
-117
43
1
3
n.a.
2
35
6
33
214
-33
14
4
9
-3
-2
222
34
7
4
3
-2
35
55
93
4
2
3
1
*
4
64
20
38
1
84
-2
7
*
19
-18
1
1
*
*
_
*
1
7
2
33
*
10
*
*
*
-3
22
2
-5
*
*
_
*
*
*
5
5
5
*
6
*
-1
-1
-11
-12
30
6
*
*
_
*
*
1
-4
9
6
*
12
*
1
-1
-4
-19
18
-4
*
2
2
*
3
-134
34
5
*
15
-16
36
*
-6
18
2
7
*
*
_
*
*
1
4
2
-2
*
3
*
*
*
_
_
-4
-4
1
*
7
*
1
*
-12
-3
10
*
*
1
_
_
_
1
1
2
*
10
*
8
1
Latin America and Caribbean:
Chile.......................
Colombia....................
June
*
*
n.a.
n.a.
-170
20
11
1
24
3
-212
_
*
*
*
*
*
-
30
56
36
37
-6
17
*
275
_
-2
_
_
8
*
4
3
-10
-128
-6
*
-40
_
_
-7
60
2
*
11
-19
-204
6
5
-1
-1
45
-14
-29
-23
-125
_
*
-5
5
'-3
24
8
_
-34
_
*
-7
_
*
26
13
3
7
-3
-1
4
-8
*
3
_
-1
-2
6
*
1
*
_
2
34
*
-437
36
5
-430
19
-411
98
6
-4
-6
-70
209
_
-1
22
*
*
-276
-282
_
51
29
21
4
-316
-617
5
2
145
-1
45
24
3
-258
-48
4
7
13
13
-2
1
14
213
-3
-56
2
1
253
-805
-436
-3
n.a.
n.a.
*
5
Other Africa...............
Total Africa...............
Total Latin America and
Asia:
China:
Hong Kong...................
Indonesia............. .
Israel......................
n.a.
n.a.
n.a.
-348
n.a.
n.a.
10
71
Syria.......................
_
410
|
_
18
-35
70
-2
-145
-239
24
1
-3
*
3
2
'
1
•
_
7
8
3
_
-18
-48
3
_
16
Africa:
Ghana.......................
_
-1
-10
16
-1
-24
44
-2
31
*
3
-3
_
_
*
12
16
4 -5
66
12
_
18
*
18
26
_
-4
-156
80
133
-1
-1
*
-10
*
2
_
_
*
*
_
_
*
*
1
*
-1
2
-1
1
-1
-9
2
-1
-4
1
2
1
1
*
3
*
1
2
1
3
-460
-576
-79
25
-125
17
-
38
-193
6
*
3
1
1
_
_
i
_
*
*
_
-
-423
-9
-181
-85
-266
-156
12
24
*
-144
25
1
-3
3
-6,872
-3,540
-3,844
-2,545
9
-407
-369
-911
-590
-227
-175
n.a.
-1,023
-461
-70
-2
.
n.a.
282
-434
-19
_
_
-
208
-918
-67
*
_
3
1
-3
4
-295
9
21
3
*
_
_
_
_
_
_
-
"
-
“
-1,902
-1.557
-171
-776
1
-282
........ 24
-83
-8,774
-5,096
-4,016
-3,321
10
-689
-345
-543
_
*
_
*
_
Other countries:
International and regional:
International..............
European regional..........
Latin American regional....
Asian regional.........
Middle Eastern regional....
3
_
-
-
-
-
-150
4
-725
-75
Total international
Grand total...................
p
*
Preliminary.
Less than $500,000.
n.a.
Not available.
,
115
December 1979
■CAPITAL MOVEMENTSSection VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-8. - Net Foreign Transactions in Foreign Stocks by Country
(In mi: lions of dollars
;ners or a net outflow of capital from the United States)
1979
Calendar year
Country
1979
through
Oct. p
Oct. p
1976
1977
1978
-1
-34
n.a.
n.a.
-10
*
-119
n.a.
18
1
n.a.
18
-137
-8
n.a.
*
n.a.
-1
5
-41
*
-87
*
1
-1
-27
n.a.
n.a.
*
*
-7
n.a.
2
1
n.a.
-11
-177
*
*
*
n.a.
*
-1
-13
3
-303
*
2
*
-3
1
*
8
*
15
*
1
126
-2
*
*
*
*
-1
92
*
62
.
*
34
-395
-532
334
39
18
9
33
-72
21
-14
-200
-139
-728
40
-37
-49
-108
-288
-194
*
*
n.a.
-1
n.a.
*
*
n.a.
n.a.
n.a.
10
3
-1
*
n.a.
*
*
*
1
-29
-1
*
*
*
*
n.a.
n.a.
*
16
1
*
*
*
2
15
-15
-17
1
1
*
4
_
*
*
*
2
2
-1
*
*
*
*
-1
-3
3
2
-2
*
*
_
*
*
*
-12
6
-11
*
*
*
*
*
*
1
*
_
_
*
-4
-1
*
*
*
*
-2
*
1
*
*
*
_
*
-2
-1
*
*
*
*
-2
-2
*
*
*
*
_
*
*
-1
*
*
*
*
*
*
-1
-7
*
1
_
*
_
_
*
-1
1
*
_
*
*
*
-1
5
*
3
*
*
_
*
*
_
-5
7
-1
_
_
*
*
*
-2
6
*
*
*
*
_
_
*
*
-2
*
-10
_
_
*
1
-8
-1
*
*
*
*
*
*
*
*
3
-12
-8
-20
-7
7
Thailand....................
Other Asia..................
_
*
23
*
*
-2
36
*
n.a.
n.a.
n.a.
1
n.a.
n.a.
*
13
_
*
13
*
*
3
309
*
*
*
*
-1
*
13
_
*
3
*
*
2
376
*
*
*
3
-3
*
-17
Total Asia..................
71
339
*
n.a.
n.a*
*
12
_
*
12
*
*
_
-3
*
*
Europe:
Austria....................
Belgium-Luxembourg..... .
Finland........... .........
France......... .............
German Democratic Republic.
Germany................ .
Greece......................
Hungary.... ................
Netherlands.................
Norway......................
Poland......................
Portugal....................
Romania..... ...............
Spain.I...,................
Sweden......................
Switzerland................
Turkey......................
United Kingdom.............
Yugoslavia.................
Other Europe...............
Latin America and Caribbean:
Argentina...................
Bahamas.....................
Bermuda.....................
Brazil................. .
British West Indies........
Chile.......................
Colombia....................
Ecuador........... .........
Guatemala.......... ........
Jamaica............. .
Mexico............. ........
Panama.... .................
Peru........................
Trinidad and Tobago........
Uruguay..... ...............
Venezuela............. .
Other Latin America and
Caribbean................
May
-1
-16
*
-1
7
-7
-1
-2
-74
-41
*
-2
*
37
137
_
_
3
*
*
*
-3
*
-2
-8
8
*
*
-11
*
*
-1
*
3
31
_
*
!
June
July
*
-1
*
*
1
-2
*
*
-10
*
_
*
_
*
*
7
14
_
1
*
-2
*
*
*
-3
*
1
-14
*
*
-
*
*
3
-1
_
1
-15,,,..
Sept. p
Aug.
*
-2
_
_
*
*
25
_
-3
-1
*
2
*
_
_
_
*
*
2
10
_
_
*
*
*
*
6
-4
*
1
-26
*
_
*
_
*
*
18
27
_
_
1
*
-3
*
*
-2
_
-2
*
-3
-10
-41
_
*
_
*
*
3
-16
_
1
Total Latin America and
Asia:
China:
Mainland..................
Taiwan....................
Hong Kong...................
India.......................
Indonesia...................
Israel......................
Japan............... .......
Korea.......................
Lebanon..... ...............
Malaysia....................
Pakistan....................
Philippines.......... ......
Africa:
Egypt.......................
Ghana............ ..........
Liberia.....................
Morocco.....................
South Africa.............. .
Zaire............ ..........
-5.. .
-3
*
14
_
*
-3
*
*
-1
12
*
*
*
*
*
*
1
_
*
-1
_
*
*
7
_
*
*
*
*
*
5
-1
2
*
_
*
1
*
*
*
*
*
*
1
364
64
9
11
4
*
1
*
-7
*
*
*
_
_
_
5
*
*
*
_
*
*
2
*
*
*
_
1
*
-1
_
*
-3
_
_
*
_
-18
*
-1
-18
-6
5
2
-5
*
-1
*
-2
*
-5
*
-1
*
-5
-1
-2
-5
-327
-409
530
4
n.a.
-1
n.a.
Other countries:
Total other countries......
Total foreign countries.....
International and regional:
International...............
European regional..........
Latin American regional....
African regional...........
Middle Eastern regional....
Total international
and regional...............
Grand total...................
p
*
Preliminary.
Less than $500,000.
-3
”
_
.... — Z & ____
..
..
_
*
1
*
*
_
*
-3
_
*
*
*
*
*
_
*
16
-16
12
-21
-2
_
*
*
_
_
_
*
_
*
*
_
3
*
-2
*
2
-1
*
-2
-
1
*
2
*
-1
-1
-1
-2
1
2
-l
-656
67
-18
-67
-100
-338
-198
-
"
"
_
_
_
-
-1
-15
*
*
*
67
*
1
*
*
-1
-2
_
1
“
*
-2
_
*
*
-14
_
_
*
*
*
-1
_
_
_
_
_
“
“
*
-2
_
_
*
-16
*
*
*
*
-1
-1
*
-2
*
_
*
it
“
“
“
-
4
-1
-3
-
-
-
-
-
-
-
-^23
-410
527
-656
67
-18
-67
-100
-338
-198
n.a.
Not available.
Treasury Bulletin
116
CAPITAL MOVEMENTS
Section VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-9. - Foreign Purchases and Sales of J^ong-Term Securities,
by Type and Country, During October 1979 Preliminary
Gross purchases by foreigners
Domestic Securities
Country
Market
able
Treasury
purchases & Federal
Financing
Bank bonds
& notes
(2)
(1)
Bonds
of U.S.
corp. and
Federallysponsored
agencies
(3)
other
sales
Bonds
(4)
Europe:
7
75
German Democratic Republic.
Italy......................
*
78
2
207
51
1,195
6
1,001
19
433
38
2
25
Stocks
(5)
Bonds
Stocks
(6)
(7)
5
50
1
20
*
3
11
97
*
2
*
29
2
242
it
132
154
I*
*
227
10
k
20
*
93
1,013
Gross sales by foreigners
Domestic Securities
Foreign
securities
.
*
10
75
415
2,342
1,201
18
_
5,534
k
j
102
*
k
I
“
1'7
88
626
3-
2*
13
96
g
*
281
3-
*
15
1,397
~
*
*
26
*k
329
113
“
*
*
it
18
~
97
(8)
1,107
Market
able
Treasury
& Federal
Financing
Bank bonds
& notes
Bonds
of U.S.
Gov't.
corp. and
Federallysponsored
agencies
(10)
(9)
.
10
871
10
*
*
*
AOQ
9A
*
234
484
1,2047
(ID
*
“
-
“
in
10
“
75
1,168
*
2,183
Bonds
“
*
”
other
R
18
*
k
2
"
151
Foreign
securities
ClUC UC
Stocks
(12)
Bonds
(13)
64
*
”
3
Stocks
(14)
1
3
“
*
179
186
5
23
-
*
29
-
k
*
in
10
5
1
34
*
*
*
“
“
*
*
14
’
19
573
*
314
“
*
1
“
62
"
375
33
"
70
~
69
’
2
23
8
*
*
12
1
1
205
5,429
2,895
188
122
1,431
609
183
13U
910
323
224
*
ift
10
*
3
56
98
3
29
1
1
"
1
*
1
19
133
45
*
*
1
7
3
36
69
1
27
1
14
20
1
"k
~
~
~
k
*
1
~
19
399
2
3
Latin America and Caribbean:
Brazil.....................
Chile......................
Colombia...................
Cuba................ .
Ecuador.... ............ .
Guatemala.......... .
Jamaica.................. .
Mexico.....................
Panama.
Peru........................
Trinidad and Tobago........
Uruguay.... .
Venezuela................ .
Other Latin America and
Caribbean.
Total Latin America and
Caribbean........... .
27
97
12
,
~
2
*
*
*
_
*
^9
2
in
9
16
12
7
19
*
7
29
*
Total Asia.................
1,329
2,388
o
*
4
2
“
27
420
"
“
”
4
2
“
917
1,372
"
3
"
"
*
"
4
*
“
”
k
91
fil
1
1*
*
"
*
*
14
81
12
*
*
2
7
*
1
17
216
“
“
”
“
"
“
“
*
1
“
"
1
22
"
2
81
*
*
2
55
*
7
*
*
2
6
“
"
“
75
78
“
“
*
k
■
71
94
k
*
220
375
*
k
I
"
11
Total Africa...............
19
k
*
Total other countries......
g
*
Total foreign countries......
8 SQ3
o,oVJ
4,370
363
243
1,169
900
257
1
1
-
-
-
Grand total..................
*
Less than $500,000.
"
■
“
■
4
2
13
10
“
8
“
69
“
20
16
22
235
12
“
19
“
*
20
42
386
*
"
*
*
1
4
2
“
*
1
“
*
5
“
"
1
73
*
1
*
■
1
1
*
1
83
*
*
“
*
’
"
1
77
*
*
30
953
40
5
2
ie
7
11
61
1.016
2,205
"
“
"
"
"
"
”
“
“
*
'
*
“
“
1
618
20
■
4
61
618
1,322
*
3
2
“
"
*
"
“
“
”
"
"
"
“
"
"
"
k
*
1
*
*
"
*
*
“
2
*
1
"
“
*
k
“
1
20
“
100
121
3
7
20
*
*
1
f
1
“
466
-
1
12
129
20
*
k
1
7
1
309
1
"
*
17
k
“
*
88
106
“
1
60
*
k
1
59
k
5
1
*
1
7
*
161
298
*
k
k
k
"
“
“
“
2
k
3
4
*
*
*
"
“
“
*
11
■
*
"
3
4
11
"
-
51
25
k
k
k
k
k
k
*
8
27
168
1
3
47
253
■
*
8
1
89
*
*
2
1
*
2
104
1
"
it
k
k
*
12
5
*
2
2,371
1,150
663
"
"
3
“
”
7
*
°
1,071
1
k
k
■
-
k
k
11
*
19
*
2
92,381
"
“
*
”
*
1
*
”
Other countries:
Australia..................
All other...... ......... .
International and regional:
International..............
European regional..........
Latin American regional....
Asian regional.............
African regional...........
Middle Eastern regional....
Total international
and regional..............
9
2
Yi
i
k
1
325
Asia:
China:
Mainland.................
Taiwan.................. .
Hong Kong..................
India......................
Indonesia..................
Israel.....................
Japan......................
Korea...... .
Lebanon.
Malaysia...................
Pakistan...................
Philippines................
Singapore................. .
Syria.............. .
Thailand...................
Africa:
Egypt......... ............
Ghana......................
Liberia....... ......... .
Morocco.... .
South Africa...............
Zaire.............. .
Other Africa............
k
"
5
"
2
8,970
4,225
312
250
540
414
118
*
1
6
-
-
"
"
"
"
“
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,170
'900
257
1
1
11
-
540
414
118
*
1
6
r
10,063
5,270
620
244
2,382
1,081
466
9,510
4,638
430
250
2,372
1,156
663
December 1979
117
-------------------------------CAPITAL MOVEMENTS------------------------------Section VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VMO. - Foreign Purchases and Sales of Long-Term Securities,
by Type and Country, During Calendar Year 1978
______________________ (In millions of dollars)
Gross sales by foreigners
Gross purchases bv foreigners
Country
Domestic securities
Market
Bonds
able
of U.S.
other
Treasury
Gov't.
Total
purchases & Federal Corp. and
Financing FederallyBank bonds sponsored
Bonds
& notes
agencies
(3)
(4)
(2)
(1)
Europe:
69
945
German Democratic Republic.
Italy.....................
U.S.S.R...................
Latifl Afflgrfrofr JWfUiflKttihBgL:
f M I e .....................
Cuba............... .
Ecuador............... .
Guatemala..................
Jamaica...................
Mexico................
Panama.....................
Peru......................
Trinidad and Tobago.......
Uruguay...................
Venezuela............ .
Other Latin America and
Caribbean...............
Total Latin America and
Caribbean..................
Asia:
China:
Mainland.................
Hong ^ong.................
India.....................
Indonesia.................
Israel.....................
Japan......................
Korea.....................
Lebanon........... ........
Malaysia...............
Pakistan..................
Philippines...............
Singapore.................
Syria.....................
Thailand.... ..............
Other Asia................
Total Asia................
Africa:
Egypt..... ...........
Ghana......................
Liberia...................
Morocco........... ........
South Africa..............
Zaire.....................
Other Africa..............
_
68
78
2,252
4
7,085
45
*
169
1,775
110
*
9
*
_
19
370
2
25
52
913
_
_
5
25
_
2
4
79
_
45
22
227
_
2
1
187
9
197
1
_
17
21
1,428
4
2,114
43
*
84
657
42
*
7
482
1
73
1
51
97
3
6
187
1
1
*
73
266
2,233
2
2,173
34
*
150
1,212
546
*
9
271
1,381
_
_
*
75
15
12
29
6
*
*
_
_
1
35
245
267
*
_
4
234
26
>
_
_
_
9
4
5
102
355
6,113
3
19,290
_
_
*
85
900
_
1
102
*
_
_
_
*
49
7
3
108
_
1
2
70
133
*
7
36
40
484
8
292
1
29
it
_
54
209
354
_
*
2
179
*
58
1
17
8
1,380
2
1,495
31
*
97
679
46
*
9
215
2
34
98
464
63
41
4,228
2
2,274
*
_
34
174
399
*
3,371
5
61
3
*
*
_
2
1
179
7,847
2,101
3,390
*
*
2
1
271
*
655
11,361
1,465
*
_
4
4
400
*
225
12
236
_
66
_
21
_
3
*
91
12
19
*
37
*
308
_
152
_
25
_
22
*
96
10
*
3
37 526
*
14,853
2,384
1,217
12,277
5,344
1,450
33,834
13,312
1,668
1,026
10,994
5,718
1,117
4,121
61
18
272
2,155
762
853
7,319
197
4
184
2,081
3,861
992
48
407
1,610
89
146
20
18
*
5
10
7
178
819
201
5
59
21
461
*
1
23
*
1
2
_
*
*
*
_
1
1
5
_
_
*
206
*
2
1
*
*
*
*
_
_
3
«*
1
*
2
38
1
24
83
1
25
*
1
_
*
8
29
19
43
2
*
1
15
21
187
907
6
53
3
5
16
6
28
1
3
*
4
_
*
*
8
21
4
*
*
5
1
*
1
_
84
*
*
1
8
*
_
*
261
2
21
26
*
1
3
34
383
1,253
52
136
16
93
*
4
14
3
289
779
186
3
44
35
451
*
2
*
3
2
4
102
713
96
1
*
12
70
9
187
566
82
65
15
8
2
1
3
35
66
52
1
59
6
129
*
*
*
12
*
23
'17
39
*
1
5
19
145
837
4
52
, 4
4
*
4
2
3
89
705
95
2
*
11
59
12
189
344
47
58
11
5
*
*
169
32
46
1
44
22
92
1
21
45
*
1
*
*
*
*
*
6
18.
4
*
1
3
54
16
5
19
13
*
72
31
3
20
17
*
4,159
256
49
258
2,205
1,298
93
3,845
392
37
172
2,054
1,089
101
_
42
5
"
*
5
*
*
13
*
60
658
3
8
38
*
*
*
23
458
28
105
*
ai
"
1 907
* 12
*
783
82
417
6,150
4
18,016
*
46
826
34
10,043
LI
3
*
*
12
12
*
*
”
*
568
1,192
1,284
18.514
8,067
1
1
*
*
*
400
164
55
9,930
21
259
23,692
8,607
701
55
154
*
"
*
lo
*
*
7
_
*
18
*
43
7,022
13
*
247
807
*
*
*
”
it
*
21
24
613
71
71
*
2Qft
*
321
69
-
“
*
*
23
*
42
530
21
50
*
*
1,098
*
22
*
23
*
5,324
71
70
“
592
*
536
,
*
1,073
*
65
23
~
30
“
71
_
33
3,453
3
20,120 . 10,445
_
*
*
3
*
1
*
31
11,670
23
34
J,ooU
*
49
*
”
Q
1,159
*
*
10,210
*
1
*
*
1
,
~
64,972
80
1,859
2,334
1,668
Total other countries.....
i
q
i
*
28
150
*
11
7 065
*
427
*
13
573
5
2
18
39
548
*
*
*
_
_
*
20
*
55
25
3,643
4
3,504
*7
82
"
Qft
-
1VI
151
Total foreign countries......
Less than $500,000.
(8)
45
494
_
*
123
10
*
*
(7)
3
56
1
25
306
*
4,210
*
_
16
681
48
Vi
Grand total..................
(6)
(5)
*
*
Total Africa..............
Total international
and regional...............
Total
sales
Stocks - Bonds - Stocks -
1
*
6
7
293
*
519
Qth§r„.coacjriss;
Australia.......... .......
All other.................
International and regional:
International.............
European regional.........
Latin American regional....
Asian regional............
African regional...........
Middle Eastern regional....
Foreign
Domestic securities
securities
MarketBonds
Corporate &
other
Treasury
Gov't
& Federal corp. and
Financing FederallyBank bonds. sponsored Bonds
Stocks . „ Bonds
Stocks
agencies
& notes
(9)
(12)
(14)
(10)
(13)
(11)
Foreign
securities
*
"
*
2
1,553
1_,
*
£
315
35
2,439
2,970
875
UU
*
*
21
a
*
*
*
*
25
41
440
1
55
444
42
27
188
21
g
*
209
8
14,289
3,136
68
*
248
456
68
3
*
_
8,941
456
244
4
*
8,164
385
73
122
54
4
-
-
it
1
_
31
59,445
*
*
*
"92,191
1Q1 ” 17,654
*
it
31
*
-
it
3 666
,
274
594
_
-
-
-
-
-
-
-
-
8,662
855
70
22
601
*
9,646
8,286
443
73
68
772
3
32,354
4,516
3,459
20.142
11,045
3,666
69,091
27,651
3,253
2,264
17,723
15,061
3,139
118
Treasury Bulletin
■FOREIGN CURRENCY POSITIONS,
Background
Data have been collected since 1974 on the foreign
"Majority-owned
foreign partnerships" are those
currency positions of banks and nonbanking firms in the
organized under the laws of a foreign country in which
United States, and on those of foreign branches, majority-
one
owned
institutions
foreign
partnerships,
and
majority-owned
foreign
subsidiaries of United States banks and nonbanking firms.
or
more
nonbanking
in
the
concerns
United
or
States,
nonprofit
directly
or
indirectly, own more than 50 percent profit interest.
Reports cover nine major foreign exchange market currencies
"Majority-owned
and United States dollars held abroad.
Reporting has been
corporations in which one or more nonbanking business
foreign
subsidiaries"
are
foreign
required pursuant to Title II of Public Law 93-110, an
concerns or nonprofit institutions located in the United
Amendment to the Par Value Modification Act, of September
States directly or indirectly own stock with more than
21, 1973, and implementing Treasury regulations. Statistics
50 percent of the total combined voting power of all
on the positions will be published monthly in the Treasury
classes of stock entitled to vote, or more than 50
Bulletin, beginning with data for December 1975.
percent of the total value of all classes of stock.
The
report
forms
and
instructions
used
in
the
Reporting Threshold
collection of bank data were revised effective with reports
The exemption level applicable to banks and banking
as of November 1, 1978, for the weekly reports, and as of
October 31, 1978 (the last business day of the month), for
institutions is $10 million equivalent.
the monthly reports.
The most recent revision of the nonbank
level applicable to nonbanking business concerns and
Foreign Currency forms (see below) became effective as of
nonprofit institutions was $1 million equivalent on all
the last business day of September 1978.
Among the changes
on the forms, the Belgian franc was deleted as a reporting
The exemption
nonbank forms from March 1975 through November 1976.
reports of positions held in the United States.
currency.
It
was raised to $2 million equivalent on the monthly
From
November 1976 through September 1978 the exemption level
was raised to $3 million on foreign subsidiary positions
on June 31, 1977 and for positions held in the United
Common Definitions and Concepts
States on September 30, 1978.
The term "United States”means the States of the United
States, the District of Columbia, the Commonwealth of Puerto
Firms must report their entire foreign currency
Rico, American Samoa, the Canal Zone, Midway Island, the
position in a specified foreign currency if a specified
Virgin Islands, and Wake Island.
United States dollar equivalent value is reached in any
locations
other
than
the
The term "foreign”means
"United
States".
The
term
"Worldwide" is used to describe the sum of "United States"
category of assets,
liabilities,
exchange contracts
and "foreign" data.
bought and sold, or the net position in the currency. In
general, exemption levels are applied to the entire firm
Data for the United States include amounts reported by
sole proprietorships, partnerships, and corporations in the
branch or subsidiary.
United States including the U.S. branches and subsidiaries
branches,
of foreign nonbanking concerns, in the case of "nonbanking
majority-owned foreign subsidiaries, United States banks
firms*
and nonbanks are required to report the United States
positions",
and
the
agencies,
branches,
and
in the United States and separately to each foreign
In reports on their foreign
majority-owned
foreign
partnerships
and
subsidiaries located in the United States of foreign banks
dollar
and banking institutions,
contracts bought and sold, and net positions of those
in the case of the weekly and
monthly "bank positions".
Data for "foreign branches"
amounts
reported
partnerships
and
by
the
and
branches,
majority-owned
"abroad"
majority-owned
subsidiaries
States banking and nonbanking concerns.
include
of
denominated
assets,
liabilities,
exchange
branches, partnerships, and subsidiaries with reportable
positions in the specified foreign currencies.
United
In general, these
Description of Statistics
data do not reflect the positions of foreign parents or
foreign parents1 subsidiaries located abroad except through
intercompany
accounts.
The
data
include
the
foreign
subsidiaries of a few foreign-owned U.S. based corporations.
Data collected on the Treasury Foreign Currency
forms are published in the Treasury Bulletin in nine
sections.
The first section presents a summary of
Assets, liabilities, and foreign exchange contract
worldwide
net
data are reported on the basis of time remaining to
reported.
Sections II through IX each present data on a
maturity as of the date of the report, regardless of the
specified foreign currency.
original maturity of the instrument involved.
United States dollar positions of the foreign branches
"Spot"
positions
the
currencies
Section X presents the
and
required to report in one or more of the specified
foreign currencies.
United
of
days from the date of the report.
maturing in one year or less from the date of the report.
of
all
means due for receipt or delivery within two business
"Short-term" means
subsidiaries
in
States
firms which are
119
December 1979
_____ FOREIGN CURRENCY POSITIONS_____
Section I - Summary Positions
Table FCP-I-1. - Nonbanking Firms’ Positions
(In millions of foreign currency units)
Report date
Canadian
dollars
French
francs
German
marks
(1)
(2)
(3)
Italian
lire
Japanese
yen
(4)
(5)
Swiss
francs
Sterling
U.S*
dollars 2J
(6)
(7)
(8)
1979-Mar*.........................
10,839
8,97?
8,249
905,40*
376,943
201
1,399
1979-June.........................
ll,680r
9,368r
7,264r
730,525r
483,814r
-51r
l,871r
-1,555
-6?370r
Table 1-2. - Weekly Bank Positions
(In millions of foreign currency units)
Report date
Canadian
dollars
French
francs
German
marks
(1)
(2)
(3)
Italian
lire
Japanese
yen
(4)
(5)
Swi ss
fraacs
British
pounds
(6)
(7)
U.S.
dollars 2/
(8)
2/07/79
2/14/79
2/21/79
2/28/79
215
244
200
212
-19
30
-2
-54
1,123
609
1,038
845r
43,029
52,804
52,653
11,960
55,301
53,240
54,003
73,151r
465r
11
327r
269r
-84
-110
-72
-381
639
48
5
-81r
3/07/79
3/14/79
3/21/79
3/28/79
189
244
272
299
-39
-146
-200
-160
989r
698r
706r
658r
24,053
3,955
32,362
14,993
59,417r
18,872r
42,515r
35,429r
161r
-16ir
143r
175r
272r
90r
170r
227r
4/04/79
4/11/79
4/18/79
4/25/79
365
329
4
13
-312
-279
-174
-140
164r
544'
1,143
1,148
1,558
-5,816
26,186
16,877
16,784r
46,104
23,057
44,495
-302r
-299
-146
-109
-90
-90
-101
-86
-99
-50
-187
-95
5/02/79
5/09/79
5/16/79
5/23/79
5/30/79
1
-59
-28
-53
-46
-406
-540
-627
-554
-324
584
593
482
-59
-204
430XL
42,761
37,250
35,198
14,485
31r-3-16
53,039
39,925
4,876
-2,609
-365
-297
-368
-580
-668
-124
-105
-34
-37
-67
1,174
636
726
1,166
lj785r
6/06/79
6/13/79
6/20/79
6/27/79
-41
-84
-158
-43
-310
87
-136
30
-227
671
564
833
23,254
34,610
59,730
64,918
-1,492
47,736
52,612
53,393
-475
-409
-370
-66
7/04/79
7/11/79
7/18/79
7/25/79
-3
-20
-48
-74
93
165
-56
148
476
562
660
440
62,043
46,065
34,948
38,938
31,103
33,888
28,945
44,102
66
36
1
70
-75
-65
-69
-54
-81
-43
-59
-90
1,203
366
232
350
164
-176
144
102
583r
578
547
570
Table-I-3. - Monthly Bank Positions
(In millions of foreign currency units)
End of month
Feb...........................
July..........................
Canadian
dollars
French
francs
(1)
(2)
German
marks
(3)
Italian
lire
(4)
Japanese
yen
(5)
British
pounds
Swiss
francs
(6)
.
(7)
U.S.
dollars j6/
(8)
88
-313
289
-43,404
68,423
75
-52
-943
152
-631
-493
-65,881
13,821
5
-135r
-552
-730
-802
-469
-4,227
-29,274
78,516
70
-84
-58
-819
80
341
-54
-269
141
-11,074
22,485r
47,095
-282
-457
-591
-57
-14
-947
-91
-265
-67
-56,176
64,030
109
?9
-814
120
Treasury Bulletin
FOREIGN CURRENCY POSITIONS,
Section II - Canadian Dollar Positions
Table PCP-H-1. - Nonbanking Firms’ Positions
Forward exchange 8/
Short-term trade
Position
at end
of month
Liquid
assets 2/
Short
term
debt 2/
Receiv
ables ij
Pay
ables £/
(1)
(2)
(3)
(4)
Other
assets £/
Other
liabil
ities 2/
(5)
(6)
Sold
Bought
(7)
Net
position 2/
Ex
change
rate 10/
(9)
(10)
(a)
Positions
held by
offices in:
Feb.
1979
1,107
281
454r
680r
4,152r
l,330r
1,194
3,343
1,2 73r
0.8376
United States
Mar.
Mar.
Mar.
1979
1979
1979
3,487
1.045
4,532
6,012
260
6,272
15,065
342r
15,407r
7,364
710r
8^074r
25,619
4,251r
29*870r
9,562
1.2 77r
10,839*
0.8619
0.8619
0.8619
Abroad
United States
Worldwide
1979
993
242
4l6r
736r
4,lllr
1,078
1.069
2,147
1,505
733
3.180
3,913
Apr.
21,578
1.28 Or
22,858r
1,303
3,022
l,722r
0.8755
United States
May
1979
420r
15,918
438r
16,356r
734r
7,636
684r
8,320r
4^093r
26,860
4,081r
30,941
l,342r
22,838
l,376r
>24,214r
1,207
1,545
2,977
769
3,150
0.8550
0.8550
United States
Abroad
United States
2,752
3,919
1,48Or
10,117
1,551r
ll,68&r
0.8624
1979
1979
324
6,320
352r
6,672r
1,512
June
June
0.8550
Worldwide
375
705
4,080
1,448
1,856
3,338
1,705
0.8552
United States
June
1979
832
3,695
1,049
4,744
July
1979
1,206
429
Table FCP-II-2. - Weekly Bank Positions
Assets and liabilities 12/
Banks in U.S.
Foreign
branch
net
World
wide
net
(3)
(4)
(5)
(6)
18,021
17,548
17,353
17,575
19,174
19,115
18,819
18,763
18,641
18,130
17,994
18,226»
19,867
19,780
19,468
19,368
Date
Assets
(1)
Liabilities
(2)
Exchange contracts 13/
Net
Banks in U.S.
Bought
Net position
Sold
Net
Foreign
branch
net
(7)
(a)
(9)
-209
-167
-88
-113
-135
-154
-134
-348
-829
-749
-729
-764
-828
-819
-783
-953
-235
-364
-307
-245
-787
-917
-969
-910
12
-36
-88
-89
World
wide
net
United
States 1
Foreign
branch
(10)
(11)
(12)
(13)
-146
-81
-124
-105
361
325
324
317
215
244
200
212
.8387
.8381
.8364
.8376
-140
-91
-72
-45
329
335
344
344
189
244
272
299
.8427
.8528
.8576
.8588
365
329
4
13
.8675
.8712
.8763
.8752
1
-59
-28
-53
-46
.8757
.8605
.8566
.8642
.8616
World
Exchange
wide 16/ rate 17/
IS/
(14)
2/07/79
2/14/79
2/21/79
2/28/79
803
841
924
912
329
340
407
366,
474
501
517
546
570
492
412
430
3/07/79
3/14/79
3/21/79
3/28/79
995
955
1,029
992
442
381
452
432
553
574
577
560
464
489
478
692
1,044
993
929
976
1,017
1,063
1,055
1,252
4/04/79
4/11/79
4/18/79
4/25/79
1,048
911
1,064
1,182
484
394
490
606
564
517
574
576
588
729
399
347
1,152
1,246
973
923
18,935
19,171
18,969
19,1*27
19,487
19,724
19,631
19,792
-620
-582
-641
-651
-693r
-665
-649r
-605
-552
-553
-662
-&&5
5/02/79
5/09/79
5/16/79
5/23/79
5/30/79
912
842
863
925
785
323
335
330
342
280
589
507
533
583
505
431
336
433
382
365
1,020
843
966
965
870
18,171
18,770
19,763
19,302
18,875
18,846
19,424
20,367
19,991
19,447
-675
-654
-604
-689
-572
-344
-248
-390
-329
-344
-1,019
-902
-994
-1,018
-916
-86
-147
-71
-106
-67
353
365
92
102
87
88
43
53
21
6/06/79
6/13/79
6/20/79
6/27/79
1,096
1,061
855
1,016
551
506
350
438
367
399
386
442
912
954
891
1,020
-658
-674
-692
-655
-295
-364
-357
-408
-953
-1,038
-1,049
-1,063
-113
-119
-187
-77
72
35
29
34
-41
-84
-158
-43
.8509
.8532
.8497
.8585
875
836
888
804
364
267
390
335
496
615
466
539
1,007
1,184
964
1,008
19,354
18,890
18,487
18,452
17,914
18,423
18,530
17,945
20,012
19,564
19,179
19,107
7/04/79
7/11/79
7/18/79
7/25/79
545
555
505
578
511
569
498
469
18,489
19,047
19,115
18,506
-575
-624
-585
-561
-435
-580
-427
-521
-1,010
-1,204
-1,012
-1,082
-64
-55
-87
-92
61
35
39
18
-3
-20
-48
-74
.8596
.8615
.8565
.8570
Footnotes at end of Table FCP-IX-3.
Section II - Canadian Dollar Positions
Table FCP-II-3. - Consolidated Monthly Bank Positions
18/
(In millions of Canadian dollars)Worldwide
End
Maturity
month
Balance sheet items
Liabilities
Net
(1)
(2)
(3)
Over 1 year.............................
792
989
595
436
313
950
592
853
618
522
275
260
(7) Total of all maturities.................
1979-Feb.... (1)
(2)
(3)
(4)
Demand/spot,,,,,,,,,,t,,,,,,,,,, t,.......
3 days-1 month..........................
Over 1 month-3 months...................
Over 3 months-6 months..................
(6)
Foreign exchange contracts 20/
Sold
Bought
Net
overall
position 21/
(7)
Net
(4)
(5)
200
136
-23
-86
38
690
1,669
4,777
5,592
4,289
2,731
465
1,775
4,857
5,428
4,726
3,010
457
(6)
-106
-80
164
-437
-279
8
94
56
141
-523
-241
698
4,075
3,120
955
19j523
20,253
-730
225
Capital assets, liabilities.............
144
281
-137
-
-
-
-137
3,401
20,253
-730
88
3 days-1 month............ .............
(4)
Over 3 months-6 months..................
680
792
721
394
370
278
818
145
234
-115
46
-58
756
19,523
(2)
4,219
825
1,026
606
440
312
1,034
1,728
4,814
5,428
4,887
2,774
437
1,575
4,958
5,734
5,031
2,995
480
153
-144
-306
-144
-221
-43
298
90
-421
-98
-279
713
(7) Total of all maturities.................
4,243
3,235
1,008
Capital assets, liabilities.............
298
-151
20,068
-
20,773
-
-705
-
-151
(9) Summary ((7) + (8)).....................
147
4,390
3,533
857
20,068
20,773
-705
152
(l)
(2)
(3)
(4)
(5)
(6)
Demand/spot.......................... .
3 days-1 month..........................
Over 1 month-3 months...................
Over 3 mOnths-6 months..................
Over 6 months-1 year....................
Over 1 year......................... .
803
1,172
587
242
297
1,005
752
790
700
254
353
348
51
382
-113
-12
-56
657
1,946
3,845
6,339
5,489
2,507
430
2,091
4,197
6,328
5,674
2,668
470
-145
' -352
11
-185
-161
-40
-94
30
-102
-197
-217
617
(7) Total of all maturities.................
(8) Capital assets, liabilities.............
4,106
3,197
909
134
166
-32
20,556
-
21,428
-
-872
-
-32
20,556
21,428
(8)
(8 )
A r
P
Assets 12/
303
37
4,240
3,363
877
May..... (1) Demand/spot........... .................
(2) 3 days-1 month..........................
(3) Over 1 month-3 months...................
(4) Over 3 months-6 months..................
(5) Over 6 months-1 year....................
(6) Over 1 year.............................
679
1,104
541
350
300
1,025
517
973
554
302
347
348
162
131
-13
48
-47
677
2,172r
5,274
6,219
4,756
2,435
495
2,276r
5,352
6,624
4,924
2,642
596
-872
-104r
-78
-405
-168
-207
-101
58r
53
-418
-120
-254
576
(7) Total of all maturities.................
3.999
134
3,041
164
958
-30
21.351r
-
22.414r
-
-1.063r
-
-105r
-30
4,133
3,205
-135r
83
348
-422
-369
-269
595
(8) Capital assets, liabilities.............
(9) Summary ((7) + ( 8 ) ) .....................
June....
July....
(4)
Over 3 months-6 months..................
5
928
21,351r
22,414r
-1,063r
735
1,114
556
389
289
1,030
570r
817
653
406
287
355
165r
297
-97
-17
2
675
l,424r
4,853
6,686
4,349
2,332
600
1,506r
4,802
7,011
4,701
2,603
680
-82r
51
-325
-352
-271
-80
4,113
21,303r
“
21,303r
-l,059r
-
-34
-l,059r
-54
137
4,250
3,088r
157
l,025r
-20
20,244r
-
3,245r
l,005r
20,244r
761
978
578
337
272
1,029
3,955
604
751
575
396
216
360
2,902
157
227
3
-59
56
669
1,053
2,465
4,325
7,280
3,822
2,433
404
20,729
' 2“535
4,754
7,310
3,939
2,815
495
21,848
-1,119
-66
143
168
-25
-
-
-
-25
4,098
3,070
1,028
20,729
21,848
-1,119
-91
-70
-429
-30
-117
-382
-91 '
-20
87
-202
-27
-176
-326
578
a
§
VO
VO
122
Treasury Bulletin
FOREIGN CURRENCY POSITIONS,
Section III - French Franc Positions
Table FCP-III-1. - Nonbanking Firms* Positions
Forward exchange 8/
Short-term trade
Position
at end
of month
Feb.
1979
Mar.
Mar.
Mar.
1979
1979
1979
Apr.
1979
May
1979
June
June
June
1979
1979
1979
July
1979
Liquid
assets 2/
Short
term
debt 2/
Receiv
ables ij
Pay
ables 5/
(1)
(2)
(3)
(4)
347
234
533r
10,050'
370r
10,420r
523r
3‘
,915*
209
4.124
233
28,175 .
7l5r
281890r
642r
344r
257
3,827
298r
4,08 5r
415
10,860
36 2r
ll,222r
362
677r
30,027
706r
30,733r
769
_______ i___
Other
assets 6/
Other
liabil
ities 2/
(5)
(6)
Sold
Bought
Net
position 2/
Ex
change
rate 10/
(9)
(10)
(S)
(7)
l,605r
9 29r
1,488
2,225
15,541
341r
15,882i?
288r
22,906
l,514r
24,420r
l,881r
19,014
928r
19,94Sr
929r
807
1,330
2,137
1,210
2,151
2,204
4,355
2,453’
265r
l,548r
939r
1,298
2,669
1,186
1,364
2,550
2,244
2,430
4,674
1,355
2,177
108
290
17,028
251
'17,279
261
23,920
2,170r
26,090r
1,449
19,986
957
'20,943
1,080
68r 4.2675
Positions
held by
offices in:
United States
4.2930
4.2930
4h,2930 '
4.3683
Abroad
United States
Worldwide
United States
-437r
4.4230
United States
8,842
498r
9,340
4.2675
4.2675
4.2675
Abroad
United States
Worldwide
4.2630
United States
9,047
- 75r
8,972r
-227r^
Table FCP-III-2. - Weekly Bank Positions
Assets and liabilities 12/
Foreign
branch
net
World
wide
net
(3)
(4)
(5)
(6)
Banks in U.S.
Date
Assets
(1)
Liabilities
(2)
Exchange contracts 13/
Net
Banks in U.S.
Bought
Net position
Sold
Net
Foreign
branch
net
World
wide
net
(7)
(8)
(9)
(10)
(11)
-1,472
-1,895
-2,000
-l,791r
-197
-244
-257
-218
178
274
255
129r
-225
-286
-205
-292
-73r
-180r
-233r
-193r
4.2740
4.2790
4.2893
4.2875
-345
-382
-304
-288
-r
103
130
148
-345r
-279
-174
-140
4.3263
4.3475
4.3565
4.3503
-3,011
-3,576
-3,755
-3,784
-3,914
-514
-551
-582
-625
-656
108
11
-45
71
332
-2,444
-2,388
-2,592
-2,617
-3,277
-3,187
-3,963
-3,511
-591
-283
-362
-160
281
370
226
190
-406
-540
-627
-554
-324
-310
87
-136
30
4.3705
4.3710
4.3990
4.4420
4.4325
4.4210
4.4170
4.3250
4.2650
-2,431
-2,266
-2,612
-2,629
-2,951
-2,855
-3,508
-3,133
-215
-203
-403
-99
308
368
347
247
93
165
-56
148
4.2655
4.2598
4.2010
4.2270
1,650
2,169
2,255
1,92Or
1,992
2,588
3,032
2,627r
20,523
19,521
17,738
18,261
21,062
20,184
18,772
19,186
-539
-663
-1,034
-925
846
804
847
777
348
459
196
195
498
345
651
582
2,214r
2,241r
2,486r
2,478r
2,712r
2,586r
3",137r
3,060r
19,248
21,226
21,782
22,077
19,791
21,857
22,638
22,951
-723
-631
-856
-874
-2,062
-2,135
-2,514
-2,379
-2,011
-2,558
-3,034
-2,716r
-2,785
-2,766
-3,370
-3,253
4/04/79
4/11/79
4/18/79
4/25/79
773
718
656
653
346
273
227
351
427
445
429
302
2,403r
2,029
2,223
2,392
2,830r
2,474
2,652
2,694
21,562
22,194
21,750
22,351
22,334
23,021
22,483
22,941
-772
-827
-733
-590
-2,403
-1,926
-2,093
-2,244
-3,175
-2,753
-2,826
-2,834
5/02/79
5/09/79
5/16/79
5/23/79
5/30/79
292
312
436
418
410
2,605
3,036
3,128
3,230
3,590
23,613
23,443
24,676
25,048
25,164
24,437
24,382
25,626
26,047
26,089
-824
-939
-950
-999
-925
-2,187
-2,637
-2,805
-2,785
-2,989
378
397
344
298
310
388
368
374
269
242
516
1,009
734 '
2,295
2,648
2,760
2,856
3,321
6/06/79
6/13/79
6/20/79
6/27/79
602
700
804
792
679
620
913
1,353
1,032
2,725
2,758
2,818
2,807
2,967
3,274
3,827
3,541
25,759
26,272
27,491
27,194
26,592
27,071
28,862
28,088
-833
-799
-1,371
-894
7/04/79
7/11/79
7/18/79
7/25/79
642
665
760
714
337
279
267
309
305
386
493
405
2,739
2,634
2,959
2,876
3,044
3,020
3,452
3,281
27,090
27,114
27,300
27,846
27,610
27,703
28,196
28,350
-520
-589
-896
-504
Footnotes at end of Table FCP-IX-3.
(13)
-19
30
152r
106r
-28r
99r
342
419
777
707
'
15/
(12)
-89r
684
511
395
367
3/07/79
3/14/79
3/21/79
3/28/79
World
Exchange
wide 16/ rate 17/
(14)
4.2170
4.2675
4.2818
4.2675
1,026
930
1,172
1,074
2/07/79
2/14/79
2/21/79
2/28/79
United
Foreign
States 1£/ branch
-2
Section III - French Franc Positions
Table FCP-III-3. - Consolidated Monthly Bank Positions is/
(In millions of French francs)
Worldwide
End
Maturity
month
' 1979-Feb.....
(2)
(3)
3 days-1 month..... ....................
Over 1 month-3 months...................
(7) Total of all maturities...... .
(8)
Capital assets, liabilities.............
Mar....
(3)
Over 1 month-3 months................. .
(5)
(6)
Net
overall
position 21/
(7)
(1)
(2)
(3)
6,618
5,400
4,732
2,854
6,889r
5,419
3,297
2,203
2,819
1,991
22,423
8,360r
7,083
9,967
7,530
3.027
1,556
37,523r
8,515r
8,131
11,043
7,747
3,302.
1,468
40,206r
-155r
-1,048
-1,076
-217
-275
88
-2,683r
-426
-1,067
359
434
6
635
-59
543
19,799r
797
-271r
-19
1,435
651
281
547
2,624r
■••254-"
22,966
20,596r
2,370r
-t
37,523r
-40,206r
>-2,683r
-254
-313
6,810
5,733
4,374
2,568
8,296r
4,286
2,925
2,143
-l,486r
' 1,447
1,449
425
402
634
9,094r
9,163
11,689
7,849
3,478
1,657
9,137r
10,600
12,489
8,318
3,872
1,754
-43r
-1,437
-800
-469
-394
-97
-1,529
10
649
-44
8
537
42,930r
46,170r
-3,240r
-369
567
23,170
829
9£ ,A71
t*
O /XX
Bought
U)
2,609r
42,930r
46,170r
-3,240r
-882r
337
1,575
433
502
697
6,155r
11,607
12,348
9 819
3J733
1.679
45,341r
_
-170r
-1,020
-947
-352
-550
55
-2,984r
628
f01
t1
-48
752
-322
Demand/spot............ ............. .
3 days-1 month............... ..........
Over 1 month-3 months...................
Over 3 mOnths-6 months........ ....... .
Over 6 months-1 year....................
6,520
4,970
5,003
2,189
2,312
7 402r
4,’
633
3,428
1,756
(7) Total of all maturities.................
(8) Capital assets, liabilities.............
21,994
610
19,332r
840
2,662r
-230
5,985r
10,587
11,401
9,467
3,183
1.734
42,357r
_
(9)
22,604
20,172r
2,432r
42,357r
45,341r
-2,984r
-230
- (5I?9
6,118
5,380
3,750
1,627
6,873r
13,599
12,151
10,996
5,508
6,600r
14,883
13,141
12,168
5,946
273r
-1,284
-990
-1,172
-324
-114
628
-606
318
-948
77
33
52,738r
-
-3,611r
-
-498
-232
49,127r
-
Summary ((7) + (8))...... ..............
(1) Demand/spot.... ...... .................
(2) 3 days-1 month........... ..... ........
(3) Over 1 month-3 months...................
(4) Over 3 months-6 months......... ...... .
(5) Over 6 months-1 year........ ..... .....
(6) Over 1 year.............................
2,113
3,014
2,466
355r
678
1,308
224
401
147
22,454r
516
19,341
3,113r
22,970r
20,089
2,881r
49,127r
52>738r
-3,611r
Demand/ spot..... .................... .
3 days-1 month....... ...................
Over 1 month-3 months................ .
Over 3 months-6 months.... ............. .
Over 6 months-1 year........... .........
Over 1 year........ ....... .............
6,965r
6,257
4,877
2,153
7,780
4,449
3,626
1,659
-815r
1,808
•JL,t.JJL
AQA
2,885
2,587
23,137r
20,101
9,550r
9,676
15,692
12,957
3,828
2,358
54,061r
9r
(7) Total of all maturities..................
9,559r
8,593
15,075
11 QQ1
11,901
3,533
2,271
51,012r
(8) Capital assets, liabilities..............
493
(7)
Total of all maturities.................
Capital assets, liabilities.............
(9) Summary ((7) + ( 8 ) ) .....................
(8 )
June.... (1)
(2)
(3)
(4)
(5)
(6)
6,473r
6.058
5.058
1,851
748
749
Demand/spot..............................
3 davs-1 month.................... .......
Over 1 month-3 months....................
Over 3 months-6 months...................
Over 6 months-1 year....... .............
Over 1 year............ .................
6.217
6,249
4,469
2.217
1,060
1,959
(7) Total of all maturities..................
(8) Capital assets, liabilities..............
22,171
436
(9) Summary ((7) + (8))......................
22,607
2,780r
51,012r
3 699
2 ,126
VOD
11 ,o/z
QOO
1,025
1,116
770
91
VD
137
10,365
10,110
13,774
12,100
3,562
2,158
10,714
10,976
13,045
14,189
3,851
2,481
-349
-866
729
-2,089
-289
-323
18,937
/HO
3,234
04 o
-J±t
52,069
55,256
-3,187
"
-
19,685
2,922
52,069
55,256
5,192
J 9I JO
'
-256
54,061r
20,850
23,630r
July.... (1)
(2)
(3)
(4)
(5)
(6)
1/
3,036r
-
-1,083
-617
-976
-295
-87
-3,049r
-
-232
-730
-806
725
634
-482
-14
-70
-13
-256
-3,049r
-269
676
250
1,499
-1,998
-194
-186
“
-3,187
47
-312
-265
CURRENCY POSITIONS—
20,561r
-262
-631
mL\jL
■FOREIGN
May ..
(1)
(2)
(3)
(4)
(5)
Net
Net
(7) Total of all maturities.................
A r
Forei gn exchange contracts 20/
Sold
Balance sheet items
Liabilities
Assets 19/
Treasury Bulletin
124
______ FOREIGN CURRENCY POSITIONS _ _
Section IV - German Mark Positions
Table FCP-IV-1. - Nonbanking Firms’ Positions
Short-term trade
Position
at end
of month
Forward exchange 8/
Other
assets 6/
Other
liabil
ities 2/
(4)
(5)
(6)
Liquid
assets 2/
Short
term
debt 2/
Receiv
ables ij
Pay
ables 5/
(1)
(2)
,(3)
Net
position 2/
Sold
Bought
(7)
(S)
(9)
Ex
change
rate 10/
Positions
held by
offices in:
(10)
Feb.
1979
1,422
573
289r
l,283r
l,646r
2,136r
3,535
1,774
l,126r
1.8479
United States
Mar.
Mar.
Mar.
1979
1979
1979
8,918
1.368
10,286
1,212
7,768
540
8,308
378
17,042
317r
17,359r
368r
11,410
l,148r
12,558r
l,084r
19*918
l,639r
21,557r
1,258r
19,314
2,125r
21,439r
2,053r
1*291
3,230
4.521
2,803
1,389
1.780
3.169
2,000
7,288
96 lr
8.249r
126r
1.8665
1.8665
1-.8665
1.8970
Abroad
United States
Worldwide
United States
2,251
230r
1.9124
United States
1,570
2.180
3,750
7,230
26r
7,256r
1.8383
1.8383
1.8383
2,170
642
1.8353
Abroad
United States
Worldwide
United States
Apr.
1979
May
1979
1,223
580
2,043r
2,964
June
June
June
1979
1979
1979
9,587
1.106
10,693
7,520
598
8,118
17,012
380
17,392
12,362
843
13,205
20,492
1.681
22,173
19,436
2.399r
21,855r
July
1979
1,354
485
367
826
1,340
2,823
1,024
2.879
3,903
3,885
431r
l,102r
l,588r
Table FCP-IV-2. - Weekly Bank Positions
Assets and liabilities 12/
Banks in U.S.
Date
Assets
Liabilities
Foreign
branch
net
Exchange contracts 13/
World
wide
net
Banks in U.S.
United
Foreign
States 1£/ branch
World
Exchange
wide 16/ rate 17/
Net
(7)
1?)
(10)
(11)
(12)
(13)
44,860
41,880
38,536
40,348
.- M ...
114
-225
-42
i
-68
-2,491
-2,839
-2,579
-2,318
-2,377
-3,064
-2,621
-2,386
9
-300
-171
-175
1,114
909
1,209
l,020r
1,123
609
1,038
84 5r
1.8347
1.^554
1.8572
1.8479
41,791
43,570
44,558
46,300
41,952
44,003
44,875
46,800
-161
-433
-317
-500
-2,335
-2,310
-2,156
-1,861
-2,496
-2,743
-2,473
-2,361
-216
-534
-381
-527
1,205r
l,232r
l,087r
l,185r
989r
698r
706r
658r
1.8510
1.8567
1.8627
1.8624
l,974r
2,586
2,304
2,458
49,511
50,981
49,626
50,631
49,937
51,434
49,754
50,174
-426
-453
-128
-83
-1,384
-1,589
-1,033
-1,227
-1,810
-2,042
-1,161
-1,310
-591
-562
-226
-247
755r
1,106
1,369
1,395
164r
544
1,143
1,148
1.8835
1.8938
1.8937
1.8906
2,539
2,235
2,207
1,642
2,263
2,363
2,256
2,232
1,699
2,330
52,737
48,015
46,757
50,761
79,397
53,038
48,380
47,356
51,541
80,324
-477
-344
-574
-723
-860
1,061
937
1,056
664
656
584
593
482
-59
-204
1.9013
1.8960
1.9057
1.9135
1.9153
2,431
2,424
2,683
3,900
2,479
2,478
2,765
3,917
55,595
51,684
60,622
57,354
56,309
51,959
61,123
57,404
-1,478
-1,298
-l,151r
-978
-1,607
-1,992
-1,532
-1,700
-3,034
-1,779
-1,663
-1,750
-1,758
-2,534
48
54
82
17
-301
-365
-599
-780
-927
-714
-275
-501
-50
-2,706
-1,807
-2,201
-3,084
-666
-221
-419
-33
439
892
983
866
-227
671
564
833
1.9139
1.9106
1.8641
1.8428
8
28
99
9
3,712
3,421
4,096
4,233
3,720
3,449
4,195
4,242
54,169
55,228
59,221
57,707
54,451
55,454
59,428
57,987
-282
-226
-207
-280
-2,962
-2,661
-3,328
-3,522
-3,244
-2,887
-3,535
-3,802
-274
-198
-108
-271
750
760
768
711
476
562
660
440
1.8355
1.8275
1.8044
1.8161
(1)
(2)
2/07/79
2/14/79
2/21/79
2/28/79
1,398
1,385
1,235
1,266
1,503
1,460
1,364
1,373
-105
-75
-129
-107
3,605
3,748
3,788
3,338r
3,500
3,673
3,659
3,231r
44,974
41,655
38,494
40,280
3/07/79
3/14/79
3/21/79
3/28/79
1,233
1,223
1,202
1,192
1,288
1,324
1,266
1,219
-55
-101
-64
-27
3,540r
3,542r
3,243r
3,046r
3,485r
3,441r
3,179r
3,019r
4/04/79
4/11/79
4/18/79
4/25/79
1,100
1,123
1,128
1,094
1,265
1,232
1,226
1,258
-165
-109
-98
-164
2,139r
2,695
2,402
2,622
5/02/79
5/09/79
5/16/79
5/23/79
5/30/79
1,000
1,184
1,024
990
1,011
1,176
1,163
999
933
944
-176
21
25
57
67
6/06/79 *
6/13/79
6/20/79
6/27/79
1,183
1,055
1,170
1,114
1,135
1,001
1,088
1,097
7/04/79
7/11/79
7/18/79
7/25/79
1,090
1,141
1,521
1,154
1,082
1,113
1,422
1,145
Footnotes at end of Table FCP-IX-3.
World
wide
net
Sold
Net
Bought
Net position
Foreign
branch
net
(3)
M
(5)
(6)
15/
(14)
Section IV - German Mark Positions
Table FCP-IV-3. - Consolidated Monthly Bank Positions
(In millions of marks)
Worldwide
End
of
month
Maturity
Assets 19/
(1)
Balance sheet items
Liabilities
(2)
Net
(3)
Forei en exchange contracts 20/
Sold
Bought
(5)
(4)
16,282r
19,772
24,888
21,112
13,412
3,926
99,392r
Net
overall
position 21/
(7)
Net
(6)
16,033r
21,203
26,859
20,999
12,880
3,817
101,791r
249r
-1,431
-1,971
113
532
109
-2,399r
9,795
14,394
15,419
8,119
4,685
10,100
12.171r
15,063
15,560
6,152
3,771
6,519
Total of all maturities.................
62,512
59,236r
-2,376r
-669
-141
1,967
914
3,581
3,276r
(8) Capital assets, liabilities.............
1,245
1,833
-588
(9)
63,757
61,069r
2,688r
99,392r
101,791r
-2,399r
289
0)
9,442
17,551
11,992
7,584
5,460
10,111
ll,992r
17,936
11,938
6,691
4,731
6,341
-2,550r
-385
54
893
729
3,770
17,440r
21,766
25,025
24,480
14,262
4,252
17,533r
22,708
26,627
24,761
14,065
3,954
-93r
-942
-1,602
-281
197
302
-2,643
-1,327
-1,548
612
926
4,072
(7) Total of all maturities.................
62,140
59,629r
2,511r
107,225r
109,644r
-2,419r
(8) Capital assets, liabilities.............
1,276
1,861
61,490r
-585
l,926r
1979-Feb.... (1)
(2)
(?)
Demand/spot.................. ...........
Over 1 month-3 months...................
(4)
(5) Over 6 months-1 year....................
(6)
(7)
(2)
? days-1 month........................ .
(?) Over 1 month-3 months........... ........
(4) Over ? months-6 months..................
Over 1 year.......... .
(9)
63,416
(7)
Total of all maturities.................
_
-
.
877
-588
92
-585
107,225r
109,644r
-2,419r
-493
14,697r
24,192
26,582
27,288
15,962
4.229
112,950r
-
-123r
-1,391
-645
-70
-197
21
-2,405r
-2,502
-2,702
-86
1,117
341
3r698
-134
(8) Capital assets, liabilities.............
(9) Summary ((7) + (8))....... ............
1,163
1,831
-668'
14,574r
22,801
25’
,937
27,218
15,765
4.250
110,545r
-
62,715
61,112r
l,603r
110,545r
112,950r
-2,405r
-802
Demand/spot............... ..............
3 days-1 month..........................
( ? ) Over 1 month-3 months..... ..............
(4) Over 3 months-6 months..................
(5) Over 6 months-1 year....................
(6) Over 1 year.............................
9,650
13,164
14,837
8,921
6,316
10.329
-2,463r
-2,516
1,529
1,106
675
3,808
2,139r
-777
13,800r
28,242
27,472
28,206
15,494
4,679
117,893r
-
12,835r
27,982
29,283
28,913
15,803
4,908
119,724r
-
965r
260
-1,811
-707
-309
-229
-l,831r
-
-1,498
-2,256
-282
399
366
3,579
308
-777
l,362r
117,893r
119,724r
-l,831r
-469
Apr.... (1)
(2)
(? )
(4)
ll,304r
15,339
14,225
6,970
5,248
6.195
59,281r
-2,379r
-1,311
559
1,187
538
3.677
2,271r
-
(8) Capital assets, liabilities.............
(9) Summary ((7) + (8))....................
63.217
1,111
12,113_r
15,680
13,308
7,815
5,641
6,521
61,078r
1,888
64,328
62,966r
(1)
(2)
(3)
(4)
(5)
(6)
8,967
15,171
14,955
9,653
6,854
10,212
11,920
14,928
14,083
8,207
6,632
6,633
-2,953
243
872
1,446
222
3,579
23,729r
18,952
32,029
29,406
14,819
4,687
23,003r
19,822
33,118
30,154
15,193
4,836
726
-870
-1,089
-748
-374
-149
(7)
65,812
62,403
3,409
123,622r
126,126r
-2,504
905
(8)
1,109
1,873
-764
-
-764
(9)
66,921
64,276
2,645
123,622r
126,126r
-2,504
141
July___ (1)
(2)
(3)
(4)
(6)
8,343
13,219
16,034
12,096
6,666
10,615
11,538
14,469
14,434
9,996
6,147
6,728
-3,195
-1,250
1,600
2,100
519
3,887
24,921
21,366
34,661
29,226
14,952
4,857
24,620
23,663
34,129
30,022
15,482
4,982
301
-2,297
532
-796
-530
-125
-2,894
-3,547
2,132
1,304
-11
3,762
(7)
66,973
63,312
3,661
129,983
132,898
-2,915
746
(8)
1,193
2,006
-813
-
-
-
-813
68,166
65,318
2,848
129,983
132,898
-2,915
-67
(7)
June
Total of all maturities.................
Demand/soot.
(5)
(9)
Summary ((7) + (8)).....................
-
-
'
-668
-2,227
-627
-217
698
-152
3,430
POSITIONS.
(1)
(2)
8,925
14,028
14,784
8,157
5,786
9.872
61,552
CURRENCY
(5)
(6)
Demand/spot.............................
3 days-1 month........................ .
Over 1 month-3 months...................
Over 3 mOnths-6 months..................
Over 6 months-1 year....................
Over 1 year......... ............... ,...
.
-
.FOREIGN
(5)
(6)
-
-2,127
-2,100
-2,112
2,080
1,446
3,690
126
Treasury Bulletin
FOREIGN CURRENCY POSITIONS,
Section V - Italian Lira Positions
Table FCP-V-1. - Nonbaking Firms’ Positions
Forward exchange 8/
Short-term trade
Position
at end
of month
Liquid
assets 2/
Short
term
debt 2/
Receiv
ables ij
(2)
(3)
(1)
U)
Feb.
1979
9,384
Mar.
Mar.
Mar.
1979
1979
1979
121,697
140,860
3,486,578
1,203,087
53.540
_ 141. 947
1,256,627 * 3,628,525
110,428
46,215
29,797
84,816
1,201,205
50,811
1,252,016
Apr.
1979
May
1979
669,569
10.651
680,220.
10,596
11,362
June
June
June
1979
1979
1979
576,785r
11,385
588,170r
July
1979
n.a.
Pay
ables j>/
Other
liabil
ities 2/
219,330
184,503
403,833
21,207
114,530
48,813
163,343
32,982
21,319
20,437
22,463
35,228
57,691
77,406
42,065r
15,113
43,146r
22,650
52,850
2,552,858r
7,885
2,560,743r
12,980
Net
position 2/
Ex
change
rate 10/
(9)
(10)
(S)
173,825
2,070,401
42,737r
2,113,138r
35,061
(7)
72,718
29,437
2,252,380
21,492
2,273,872
1,979,626r 2,611,907r
48,402r
15,316
l,994#t42r 2,660,309r
Sold
Bought
(6)
(5)
42,858r
33,629
1,711,028
34,465
1,745*493
26,574
3,560,217r
44,819
3,605,036r
n.a.
Other
assets 6/
Positions
held by
offices in:
-92,768*
955,253
-49,852r
905,401r
839.25
United States
839.45
839.45
839.45
Abroad
United States
Worldwide
227,670
-125,595r
846.00
United States
213,311
-119,779r
855.88
United States
161,826
211,154
372,980
875,857r
-145,332r
730,525r
831.75
831.75
831.75
Abroad
United States
Worldwide
200,962
-146,014
819.05
United States
Table FCP-V-2. Weekly Bank Positions
Assets and liabilities 12/
Banks in U.S.
Liabilities
t
Foreign
branch
net
(2)
(3)
(4)
Date
Assets
(1)
Exchange contracts 13/
World
wide
net
(5)
Sold
Net
Foreign
branch
net
(6)
(7)
(8)
(9)
Banks in U.S.
Bought
(10)
United
Foreign
States 1Li branch
World
wide 16/
Exchange
rate 17/
w
(11)
(12)
(13)
(14)
-83,424
1,182
13,986
-96,091
-78,685
1,337
-108,908 ' -2,037
-82,242
-82,105
-77,348
-110,945
-47,62*
-44,638
-42,678
-61,259
90,658
97,442
95,331
73,219
43,029
52,804
52,653
11,960
829.00
840.55
841.38
839.25
-79,390
-91,000
-47,946
-67,445
-4,498
-7,104
-3,851
16,669
-83,888
-98,104
-51,797
-50,776
-48,275
-57,256
-30,187
-49,250
72,328
61,211
62,549
64,243
24,053
3,955
32,362
14,993
840.00
842.70
840.00
838.35
1,255,546
1,167,374
1,206,467
1,134,673
-65,150
-61,841
-51,300
-78,561
58,377
-25,309
24,456
-28,815
-6,773
-87,150
-26,844
-107,376
-54,670
-54,117
-31,650
-55,974
56,228
48,301
57,836
72,851
1,558
-5,816
26,186
16,877
841.08
840.63
843.20
842.90
. 951,415
1,005,171
1,103,280
1,035,137
1,067,973
1,011,172
1,053,109
1,157,831
1,087,917
1,126,679
-59,757
-47,938
-54,551
-52,780
-58,706
48,506
34,529
-39,869
40,496
15,235
-11,251
-13,409
-94,420
-12,284
-43,471
-36,710
-34,186
-37,636
-38,125
-53,427
79,881
76,947
74,886
73,323
67,912
43,171
42,761
37,250
35,198
14,485
846.80
845.90
849.85
856.55
855.00
68,303
100,581
31,446
59,536
1,083,389
1,064,726
1,052,584
1,190,438
1,132,513
1,103,282
1,087,208
1,225,995
-48,674
-38,556
-34,624
-35,557
3,625
-27,415
62,908
40,939
-45,049
-65,971
28,284
5,382
-51,185
-42,604
-35,004
-34,176
74,439
77,214
94,734
99,904
23,254
34,610
59,730
64,918
853.90
852.80
840.25
832.38
61,515
51,007
44,110
53,532
1,135,265
1,106,795
1,041,668
1,117,737
1,169,434
1,149,727
1,083,132
1,176,691
-34,169
-42,932
-41,464
-58,954
34,697
37,990
32,302
44,360
528
-4,942
-9,162
-14,594
-34,652
-42,827
-44,979
-38,540
96,695
88,892
79,927
77,478
62,043
46,065
34,948
38,938
827.60
822.13
812,10
815.38
2/07/79
2/14/79
2/21/79
2/28/79
73,807
82,925
68,070
77,134
38,012
31,472
32,063
29,485
35,795
51,453
36,007
47,649
89,476
83,456
93,994
75,256
125,271
134,909
130,001
122,905
1,109,772
1,048,288
1,027,012
1,044,732
1,193,196
1,144,379
1,105,697
1,153,640
3/07/79
3/14/79
3/21/79
3/28/79
61,050
63,087
35,326
38,470
29,935
29,343
17,567
20,275
31,115
33,744
17,759
18,195
76,826
68,315
66,400
47,574
107,941
102,059
84,159
65,769
1,107,053
1,145,108
1,123,658
1,115,517
1,186,443
1,236,108
1,171,604
1,182,962
4/04/79
4/11/79
4/18/79
4/25/79
31,267
28,456
39,815
43,383
20,787
20,732
20,165
20,796
10,480
7,724
19,650
22,587
-2,149
8,331
73,610
81,334
53,030
33,380
101,666* 124,253
1,190,396
1,105,533
1,155,167
1,056,112
5/02/79
5/09/79
5/16/79
5/23/79
5/30/79
42,730
33,745
37,653
34,986
21,634
19,683
19,993
20,738
20,331
16,355
23,047
13,752
16,915
14,655
5,279
54,422
56,170
131,670
47,482
57,956
6/06/79
6/13/79
6/20/79
6/27/79
12,199
15,389
17,466
19,996
14,710
19,437
17,846
18,615
-2,511
-4,048
-380
1,381
31,375
42,418
114,755
32,827
52,677
70,814
104,629
31,826
58,155
7/04/79
7/11/79
7/18/79
7/25/79
17,533
18,739
11,158
28,295
18,016
18,634
14,673
7,881
-483
105
-3,515
20,414
61,998
50,902
47,625
33,118
Footnotes at end of Table FCP-IX-3.
Net position
World
wide
net
December 1979
127
_____ FOREIGN CURRENCY POSTTTONS
Section VI - Japanese Yen Positions
Table FCP-VI-1. - Nonbanking Finns’ Positions
Forward exchange 8/
Short-term trade
Position
at end
of month
Liquid
assets 2/
Short
term
debt 2/
Other
assets 6/
Other
liabil
ities 2/
Receiv
ables ij
Pay
ables 5/
(3)
23,896
(4)
24,396
(5)
48,237
(6)
5,582
455,077
24,389r
479,466r
485,143
62,303r
Feb.
1979....
(1)
74,650
(2)
6,494
Mar.
Mar.
1979....
1979....
293,581
56,787
307,085
9,368
684,642
22,118r
Mar.
1979....
350,368
316,453
706,760r
Net
position 2/
Ex
change
rate 10/
(8)
182,998
(9)
123,131
(10)
202.23
United States
39,608
. 159,763
19,254
143,186
257,750
119,193r
209.50
209.50
Abroad
United States
199,371
162,440
376,943r
209.50
Worldwide
Bought
Sold
(7)
195,818
463,808
4,835r
547,446r
468,643r
Positions
held by
offices in:
Apr.
1979....
52,606
11,135
29,879r
24,728r
55,196r
6,776r
159,303
150,402
103,943
221.93
United States
May
1979....
52,667
8,320
30,503r
24,785r
54,494r
7,109r
177,502
146,114
128,838
220.83
United States
June
June
1979....
1979....
308,092
57,413
286,715
16,864
647,889
28,145
409,142r
27,304
218.10
218.10
Abroad
United States
June
1979....
365,505
303,579
676,034
218.10
Worldwide
July
1979....
n.a.
n.a.
32,940
217.08
United States
512,524
9,037
36,048
207,368
25,681
152,697
436,446r
543,494
96,229
639,723
521,561
243,416
178,378
300,561
183,253
483,814
28,077
154,706
9,054
235,505
208,306
210,245
Table FCP-VI-2. - Weekly Bank Positions
Assets and liabilities 12/
Banks in U.S.
Date
Assets
(1)
Liabilities
Net
(2)
(3)
Exchange contracts 13/
Foreign
branch
net
World
wide
net
(4)
(5)
Banks in U.S.
Bought
Sold
Net
Foreign
branch
net
Net position
World
wide
net
United
Foreign
States 1L> branch
15/
(12)
(11)
World
Exchange
wide 16/ rate 17/
(7)
(6)
2,564,951
2,573,666
2,420,517
2,524,953
-37,505
-54,869
-60,314
-74,673
-407,329
-409,073
*383,526
-408,611
-444,834
-463,942
-443,840
-483,284
4,875
4,851
4,868
11,610
50,426
48,389
49,135
61,541r
55,301
53,240
54,003
73,151r
(14)
195.43
200.00
201.87
202.23
(9)
(10)
(13)
2/07/79
2/14/79
2/21/79
2/28/79
69,909
83,429
90,172
113,315
27,529
23,709
24,990
27,032
42,380
59,720
65,182
86,283
457,755
457,462
432,661
470,152r
(6)
500,135 2,527,446
517,182 2,518,797
497,843 2,360,203
556,435r 2,450,280
3/07/79
3/14/79
3/21/79
3/28/79
106,134
111,481
110,340
120,130
24,856
28,946
29,882
38,014
81,278
82,535
80,458
82,116
476,933r
512,286r
483,697r
478,264r
558,211r
594,821r
564,155r
560,380r
2,580,082
2,897,025
3,063,314
2,753,419
2,649,138
2,999,936
3,148,687
2,854,049
-69,056
-102,911
-85,373
-100,630
-429,738
-473,038
-436,267
-424,321
-498,794
-575,949
-521,640
-524,951
12,222
-20,376
-4,915
-18,514
47,195r
39,248r
47,430r
53, 943r
59,417r
18,872r
42, 515r
3 5, 429r
204.08
207.27
206.95
207.83
4/04/79
4/11/79
4/18/79
4/25/79
106,778
100,758
107,024
120,233
35,336
39,362
40,163
38,743
71,442
61,396
66,861
81,490
402,799r
481,020
448,906
459,202
474,241r
542,416
515,767
540,692
2,795,171
2,824,334
3,025,635
I,975,792
2,890,884
2,887,507
3,109,260
3,060,519
-95,713
-63,173
-83,625
-84,727
-361,744
-433,139
-409,085
-411,470
-457,457
-496,312
-492,710
-496,197
-24,271
-1,777
-16,764
-3,237
4l,055r
47,881
39,821
47,732
16, 784r
46,104
23,057
44,495
215.05
213.40
215.15
217.78
5/02/79
5/09/79
5/16/79
5/23/79
5/30/79
6/06/79
6/13/79
6/20/79
6/27/79
125,442
128,459
125,117
270,173
121,415
44,590
51,017
50,978
196,404
45,066
507,603
508,611
496,004
472,149
474,208
435,539
394,289
425,368
442,977
2,931,020
3,129,747
3,073,729
3,118,769
2,995,470
3,206,056
3,229,849
3,114,310
3,199,273
-381,853
-367,207
-372,075
-362,090
-369,451
-330,645
-289,928
-294,903
-338,626
-13,582
-10,923
-9,865
-31,414
-31,017
-437,031
-346,553
-372,756
-389,584
-40,309
9,033
8,374
14,687
44,898
63,962
49,790
36,290
28,408
38,817
38,703
44,238
38,706
31,316
53,039
39,925
4,876
-2,609
-1,492
47,736
52,612
53,393
225.10
213.03
214.33
218.75
220.43
3,312,442
3,286,474
3,192,163
3,250,231
-94,434
-88,365
-84,004
-105,183
-107,366
-106,386'
-56,625
-77,853
-50,958
-476,287
-455,572
-456,079
-467,273
-476,817
56,293
42,576
49,459
45,958
426,751
431,169
421,865
398,380
397,859
369,462
328,631
339,141
377,332
3,025,454
3,218,112
3,157,733
3,223,952
3,102,836
122,370
108,234
135,686
111,603
80,852
77,442
74,139
73,769
76,349
66,077
65,658
86,227
65,645
7/04/79
7/11/79
7/18/79
7/25/79
140,901
148,535
114,509
105,784
50,772
50,330
46,611
46,410
90,129
98,205
67,898
59,374
381,213
398,310
419,393
451,854
471,342
496,515
487,291
511,228
3,008,307
3,036,663
3,205,843
3,292,277
3,092,908
3,136,239
3,272,195
3,345,260
-84,601
-99,576
-66,352
-52,983
-355,638
-363,051
-391,994
-414,143
-440,239
-462,627
-458,346
-467,126
5,528
-1,371
1,546
6,391
25,575
35,259
27,399
37,711
31,103
33,888
28,945
44,102
217.75
217.35
213.20
215.40
Footnotes at end of Table FCP-IX-3.
219.80
220.25
218.85
216.40
Section VI - Japanese Yen Positions
Table FCP-VI-3. - Consolidated Monthly Bank Positions is/
(In millions of yen)
00
Worldwide
End
of
month
Maturity-
Assets 19/
Balance sheet items
Liabilities
(2)
(1)
1979-Feb.... W
i)
3)
4)
5)
6)
7)
$)
9)
Mar.*.. 1)
2)
3)
4)
5)
6)
7)
8)
Apr.
May.
June.,
July.
Demand/spot..........
3 days-1 month........
Over 1 month-3 months..
Over 3 months-6 months.
Over 6 months-1 year...
Over 1 year,.........
Total of all maturities...
Capital assets, liabilities.
Summary ((7) + (8)).......
Demand/spot...........
3 daysr-1 month........
Over 1 month-3 months...
Over 3 months-6 months..
Over 6 months-1 year....
Over 1 year...........
Total of all maturities.
Capital assets, liabilities.
Summary ((7) + (8)).........
Demand/spot............ .
3 days-1 month............
Over 1 month-3 months.
Over 3 mOnths-6 months.,,...
Over 6 months-1 year......
Over 1 year...............
Total of all maturities....
Capital assets, liabilities,
Summary ((7) + (8))...... .
D e m a n d / s p o t . ....
3 days-1 month.......... .
Over 1 month-3 months.... .
Over 3 months-6 months....
Over 6 months-1 year......
Over 1 year.... .........,
Total of all maturities....
Capital assets, liabilities.
Summary ((7) + (8)).......
361,365r
539,616
883,951
188,491
Net
(3)
-260,137
-2,384
319,521
-16,053
-16,047
45,583
554,993r
19,225r
-151,087
-230,295
-87,354
-38,560
3,561
-484,510r
-2,060
552,933r
4,852,702r
5,337,212r
-484,510r
68,423
877,018r
1,358,462
1,632,007
990,031
467,240
39.347
878,436r
1,472,852
1,825,694
1,146,236
489,628
41,710
-l,418r
-114,390
-193,687
-156,205
-22,388
-2,363
-286,763
-17,120
319,079
-41,228
-2,539
44,847
2,095,011r
33,876
1,540,018
35,936
2,128,887r
1,575,954
428,512r
550,504
949,006
211,838
73,582
56.708
2,270,150r
713,857
453,234
436,240
96,861
53,733
9.498
1,263,423
34,320
2,304,470r
36,775
(6)
Net
overall
position 21/
(7)
610,911r
1,386,453
1,766,760
1,111,720
425,941
35,427
5.337,212r
-279,362r
148,703
549,816
71,301
22,513
42,022
55,476
Net
630,136r
1.235.366
1,536,465
1.024.366
387,381
38,988
4,852,702r
640,727
390,913
334,135
117,190
43,599
13,454
66,112
(4)
Foreiim exchange contracts 20/
Sold
(5)
-285,345r
97,270
512,766
114,977
19,849
47.210
5Q6,727r
70,483
-2,060
5,364,105r
-490,451r
16,276
-2,455
-2,455
504,272r
5,364,105r
5,854,556r
-490,451r
13,821
-209,455
-94,083
318,709
-10,626
29,006
45,195
505,826
570,781
915,540
175,222
72,690
57.913
698,689r
424,428
433,003
106,261
52,662
11.919
-192,863r
146,353
482,537
68,961
20,028
45.994
l,331,984r
1,306,351
1,846,364
1,029,333
534,942
51.606
l,348,576r
1,546,787
2,010,192
1,108,920
525,964
____32,405
-I6,592r
-240,436
-163,828
-79,587
8,978
-799
2,297,972
l,726,962r
36.834
571.010r
-230
6.100. *>80r
6,592.844r
-492.264r
36,604
2,334,576
l,763,796r
570,780r
6r100.580r
6,592.844r
-492,264r
78,516
ll,736r
-222,590
-121,059
-81,330
2,520
-9,846
-420.569r
-256,893r
-86,593
316,454
6,486
12,477
32.262
24.193r
22,485r
-230
374,608r
585,363
923,889
184,483
58,921
56,625
643,237
449,366
486,376
96,667
48,964
14,517
-268,629r
135,997
437,513
87,816
9,957
42,108
909,792r
2,238,185
1,780,087
976,093
579,437
2.183.889r
1,739,127
444.762r
6.538.138r
8-98,056r
2,460,775
1,901,146
1,057,423
576,917
64,390
6.958.707r
36,047
2,219,936
37.755
1,776,882
443,054r
6,538,138r
6,958,707r
-420,569r
TV»mflt>d/«pot.
....
3 days-1 month.............
Over 1 month-3 months......
Over 3 months-6 months.....
Over 6 months-1 year........
Over 1 year............ ....
354,l21r
594,771
907,931
178,943
56,476
54,710
540,697
582,078
405,559
127,228
49,819
18,889
-186,576r
12,693
502,372
51,715
6,657
35,821
898,184r
1,526,426
1,836,573
1,045,465
573,095
66,902
901,791r
1,607,542
2,029,152
1,115,564
575,472
89,731
-3,607r
-81,116
-192,579
-70,099
-2,377
-22,829
Total of all maturities....
2,146,952r
35,135
1,724,270
6,319,252r
-372,607r
38,115
422,682r
-2,980
5,946,645r
Capital assets, liabilities.
1,762,385
419,702r
5,946,645r
6,319,252r
-372,607r
-189,102
162,911
451,550
73,357
2,804
33,653
977,599
1,735,605
1,973,771
1,030,764
536,253
60,713
1,063,143
1,926,269
2,038,095
1,111,359
565,072
80,197
-85,544
-190,664
-64,324
-80,595
-28,819
-19,484
-274,646
-27,753
387,226
-7,238
-26,015
14,169
-1.708
-190,183
-68,423
309,793
-18,384
4,280
12,992
50,075
-2,980
Summary ((7) + (8))f.......
2,182,087r
Demand/spot............ ....
3 days-1 month..............
Over 1 month-3 months..,,...
Over 3 months-6 months......
Over 6 months-1 year.......
Over 1 year....,,,.........
390,439
652,845
839,209
204,141
56,859
57,681
Total of all maturities....
2,201,174
1 666,001
535,173
6,314,705
6,784,135
-469,430
65,743
Capital assets, liabilities.
37,574
39,287
2,238,748
1,705,288
-1,713
533,460
6,314,705
6,784,135
-469,430
-1,713
64,030
Summary ((7) + (8))........
579,541
489,934
387,659
130,78454,055
24,028
,
47,095
§
$
129
December 1979
_____ FOREIGN CURRENCY POSTTTONS
Section VII - Swiss Franc Positions
Table FCP-VII-1..- Nonbanking Firms’ Positions
Forward exchange 8/
Short-term trade
Position
at end
of month
Liquid
assets 7j
Short
term
debt 2/
Receiv
ables ij
Pay
ables 5/
(4)
159
Other
assets 6/
Other
liabil
ities 2/
(5)
3l5r
(6)
1,415
Net
position 2/
Ex
change
rate 10/
(8)
583
(9)
-l,458r
(10)
1.6690
United States
Bought
Sold
(7)
1,054
Positions
held by
offices in:
Feb.
1979.....
(1)
330
(2)
1,028
(3)
28
Mar.
Mar.
1979.....
1979.....
1,560
327
1,192
1,094
1,598
6lr
626
166r
2,,885
277r
2,620
l,418r
437
847
337
338
1,705
-1,504r
1.6933
1.6933
Abroad
United States
Mar.
1979.....
i,887
2,286
1,659t
792r
3,,162r
4,038r
1,284
675
201r
1.6933
Worldwide
-l,469r
-l,669r
1.7188
United States
1.7300
United States
1.6560
1.6560
Abroad
United States
1.6560
Worldwide
1.6650
United States
Apr.
1979.....
322
893
May
June
June
1979.....
1979.....
1979.....
325
977
1,883
3l9r
June
1979.....
2,202r
July
166
167
1,211
956
63
l,706r
67
2,167
l,773r
953r
775r
178
68
921
330
1979.....
63
173
344r
335r
1,420
900
619
1,423
753
578
2,932
333r
3,265r
2,552
1,315
3,867
688
836
1,319
509
1,524
1,828
1,352
-l,403r
-51r
n.a.
3,481
1,316
330
' n.a.
Table FCP-VH-2. - Weekly Bank Positions
Assets and liabilities 12/
Banks in U.S.
Date
Assets
(1)
Liabilities
Net
(2)
(3)
Foreign
branch
net
(4)
Exchange contracts 13/
World
wide
net
(5)
Banks in U.S.
Bought
(6)
Sold
(7)
Net position
Foreign
branch
net
World
wide
net
United
States 1
(9)
. (?)...
; -2,431r
-140
1 -150
-2,878
-128
-2,741r
, -2,870
-217
(10)
(11)
-2,571r
-3,028
-2,869r
-3,087
-177
-284
-248
-252
642r
295
57 5r
521r
465r
11
327r
269r
1.6475
1.6745
1.6728
1.6690
Net
Foreign
branch
15/
(12)
World
Exchange
wide 16/ I'ate 17/
(13)
(14)
2/07/79
2/14/79
2/21/79
2/28/79
922
924
608
1,009
959
1,058
728
1,044
-37
-134
-120
-35
3,073
3,173
3,316r
3,391r
3,036
3,039
3,196r
3,356r
16,897
16,257
15,024
15,829
17,037
16,407
15,152
16,046
3/07/79
3/14/79
3/21/79
3/28/79
754
716
720
760
725
719
711
761
29
-3
9
-1
3,338r
2,846r
2,932r
2,881r
3,367r
"2,843r
2,941r
2,880r
15,703
15,029
14,906
13,792
16,009
15,386
15,173
14,085
-306
-357
-267
-293
! -2,900r
' -2,647
-2,531
• -2,412
-3,206r
-3,004
-2,798
-2,705
-277
-360
-258
-294
438r
199r
401r
469r
161r
-161r
143r
175r
1.6650
1.6784
1.6840
1.6840
4/04/79
4/11/79
4/18/79
4/25/79
724
725
719
990
2,843r
2,673
2,552
2,548
-449
-473
-441
-507
-421
-413
-397
-399
6/06/79
6/13/79
6/20/79
6/27/79
863
814
824
884
711
737
755
783
152
77
69
101
2,476
2,316
2,620
2,727
2,682
2,578
2,698
2,511
2,546
2,628
2,393
2,689
2,828
16,122
15,989
16,087
16,60
16,460
16,896
16,403
19,006
18,809
-585
-462
-576
-612
-6'81
-6'l6
-448
-6,02
-373
' -2,696
-2,499
-2,257
-2,150
-2,462
-2,413
-2,490
-2,479
-2,533
-2,487
-2,354
-2,457
-2,521
-3,145
-2,972
-2,698
-2,657
2,580
2,498
2,598
2,401
2,423
14,879
15,674
15,534
14,907
15,537.
15,527
15,511
15,996
15,779
16,280
15,955
18,404
18,436
15,328
16,147
15,975
15,414
804
773
829
854
870
28
60
44
108
102
80
100
110
123
2,815r
2,613
2,508
2,440
5/02/79
5/09/79
5/16/79
5/23/79
5/30/79
696
665
675
882
702
693
729
744
747
-483
-382
-476
-502
-558
-464
-371
-533
-272
119r
114
251
290
118
85
108
-78
-110
-11
-38
163
206
-302r
-299
-146
-109
-365
-297
-368
-580
-668
-475
-409
-370
-66
1.7035
1.7145
1.7088
1.7109
1.7234
1.7133
1.7273
1.7333
,1.7340
1.7335
1.7302
1.6743
1.6555
7/04/79
7/11/79
7/18/79
7/25/79
818
856
886
794
760
675
675
668
58
181
211
126
2,935
2,664
2,688
3,147
2,993
2,845
2,899
3,273
16,660
17,762
18,182
18,147
17,079
18,303
18,771
18,551
-419
-541
-589
-404
-2,508
-2,268
-2,309
-2,799
-2,927
-2,809
-2,898
-3,203
-361
-360
-378
-278
427
396
379
348
Footnotes at end of Table FCP-IX-3.
-3,047
-2,875
-3,066
-3,091
-3,214
-3,103
-2,802
-3,059
-2,894
,
!
;
i
,
1
1
1
i
66
36
1
70
1.6510
1.6535
1.6259
1.6405
Section VII - Swiss Franc Positions
Table FCP-VII-3 - Consolidated Monthly Bank Positions is/
u>
©
(In millions of Swiss francs)
Worldwide
End
Qf
month
Maturity
Assets 19/
May
(2)
Bought
Foreign exchange contracts 20/
Sold
Net
Net
overall
position £1/
(7)
(3)
(4)
(5)
(6)
l,504r
2,084
2,951
2,604
1,488
1,842
-12r
789
1,308
1,089
17
188
4 235r
6 904
7 444
7,289
4,524
886
4 955r
7 585
8 431
8^071
4,290
1,080
-720r
-681
-987
-782
234
-194
-732
in&
xv/o
j791
ZI
307
251
-6
(7)
15,852
12,473r
3,379r
(8)
310
31,282r
-
34,412r
-
-3,130r
-
-174
-3.130r
75
-152
342
265
-48
-108
-384
(1)
Apr,,•
Net
1,492
2,873
4,259
3,693
1,505
2,030
■ 1979-Feb,,,,, a )
(2)
(3)
(4)
(5)
(6)
Mar,,,,
Balance sheet items
Liabilities
Demand/spot,,.,,,........................
3 days-1 month.... ,,,................ ...
Over 3 months-6 months,,,,,........... ,,
Over 6 months-1 vear............. .
Over 1 year,,,,..........................
(9)
Summary ((7) + (8)),.,............ .
(1)
(2)
(3)
(4)
(5)
(6)
Demand/spot..............................
3 days-1 month....................... .
Over 1 month-3 months....................
Over 3 months-6 months,.............. ....
Over 6 months-1 year
Over 1 year..............................
l,078r
3,476
3,723
3,296
1,661
i7 )
Total of all maturities.................
(8)
Capital assets, liabilities
(9)
16.162
484
-174
249
12.957r
3,205r
......3i,282r
978
2,459
2,563
2,747
1,663
2,072
4,162r
5,789
6,815
7,188
4,683
842
29,479r
4,414r
6,464
7,710
7,785
4,789
1.194
-252r
-675
-895
15,274r
lOOr
1,017
1,160
549
-2
-32
2,792r
32,356r
-2,877r
15,585r
12,990
"
90 A70v
-85
-197
Summary ((7) + (8))......... .
-197
2 595r
32,356r
-2,877r
-282
(1)
(2)
(3)
(4)
(5)
(6)
Demand/spot,,.... ,.,,..... ..........
3 days-1 month...........................
Over 1 month-3 months....................
Over 3 months-6 months..................
Over 6 months-1 yeap,................. .
1X ,951
LOL
Z,o/*f
3 166
0 ,1IZO
OA
0
1 862
2ir
590
1A 9
11 ,LHL
eo«i
D
O1
CO
JO
125
7 1QHr
j)ivur
5,694
O ,JoZ
OOO
0
7/9oDy
Q BA
e
*
|a/!
D, IUO
3,199r
6,506
9,340
8,409
r>9z?o
1,175
*9r
-812
-958
-550
-190
-241
12
-222
184
-19
-137
-116
(7)
(8)
Total of all maturities.................
14,155
eoo
DoV
2,462r
31,165r
Capital assets, liabilities.............
l,272r
J ,ZO«+
4, JUO
7 ,A57
3
0D/
X1 ,Q1
7iJ5
2.201
16,617r
AOA
(9)
Summary ((7) + (8))..... ......
17,047r
14,744
(1) Demand/spot................ ..............
(2) 3 days-1 month...........................
(3) Over 1 month-3 months...... .... ,.......
(4) Over 3 months-6 months..................
(5) Over 6 months-1 year....... .............
(6) Over 1 year..............................
(7) Total of all maturities.................
(8)
(9)
Capital assets, liabilities.,.,.........
Summary ((7) + (8))......................
June.,., (1)
(2)
(3)
(4)
(5)
(6)
Demand/spot..............................
3 days-1 month.............. ............
Over 1 month*3 months....... ............
Oyer 3 months-6 months...,......... ,,,,.
Over 6 months-1 year.... ,...............
(7)
Total of all maturities.................
(8)
Capital assets, l i a b i l i t i e s . f...
(9)
Summary ((7) +(8)).,............... ..
July.•.. (1)
(2)
(3)
(4)
(5)
(6)
3 days-1 month....»..... ................
Over 1 month-3 months...... ............ .
Over 3 months-6 months,,..,.............
Over 6 months-1 year....................
Over 1 y e a r .......... .......... f.
l\oi(y
934
-159
2,303r
..... ______.......... _ ..
33,925r
-597
-106
-352
-2,760
-298
-159
31,165r
33,925r
-2,760r
3,952r
oQ ,oQQE
oj
O 909A
0
7/,OJJ
775
A Ooi
Aft1
964
34,041r
-
Jj070t
9,619
Q 970
8 047
OHT
70H
A
- */O
37,025r
-
_2,392r
69
747
452
927
497
84
34,041r
'5,436
6 042
10,478
8,161
4,959
1,087
37,025r
5,540
D ,RQ1
031
10,846
8,969
5 375
1 288
15,360
2,776
38,909
/<*0
490
577
-87
36,163
_
18,626
15,937
36,163
38,909
-2,746
-57
5,167
7/9Z91A
±H
1n AA1
1U,O
hI
Q
Q£/,
0,00^
A 7ft7
/oj
11 9179Z
5,056
8,746
11,080
9,409
5,183
1,286
111
-1,622
-439
-545
-400
-154
238
-938
221
563
77
100
11 ,030ft
O Q1Q
A 9A7
A Oft7
1X ,Q7Q
7J7
2,244
l,715r
0 ,UjO
0j 9aah
•
D"fv
7j 9jZU
59fi
•
11, 717
/1 /
2,071
15,699r
173
2,491r
3,865
4,137
4,403
1,881
1,991
562
ia 0m ~
io,zoir
1,790
3 118
3^685
3,476
1,384
1,907
18,136
18,190
463
18,653
1,924
3,850
5,024
4,730
1,880
2,259
1,797"
3,166
4,364
3,622
1,403
2,005
143r
*7QO
foo
OUJ
5A7/
DO
-99
•
2,689
■ " T27
684
660
1,108
477
254
‘
’
>
1)212
-457
197r
Aft
-A1
9
-*flZ
-1IH!)
A5
■
-107
1 A1 ^
-1,U1D
•-71
/1Z9
•-790
j Z7
-248
-2,984r
-
-75
-493r
-99
-2,984r
-104
-849
”j Do
—ouo
-592r
-35
-102
84
“
MO
iiy
81
-117
-201
1
30
0_
-0 /
(7)
19,667
16,357
3,310
37,711
40,760
(8)
482
634
-152
-
-
-3,049
-
-152
(9)
20,149
16,991
3,158
37,711
40,760
-3,049
109
S
1
a
261
s*
131
December 1979
______ FOREIGN CURRENCY POSITIONS _
_
Section VIII - Sterling Positions
Table FCP-VIII-1. - Nonbanking Firms’ Positions
Forward exchange 8/
Short-term trade
Position
at end
of month
Liquid
assets 2/
Short
term
debt 2 /
Receiv
ables ij
Pay
ables 5 /
(1 )
(2 )
(3)
(4)
Other
assets £/
Other
liabil
ities 2 /
(5)
(6 )
Sold
Bought
(7)
(8 )
Net
position 2/
Ex
change
rate 10/
(9)
(10 )
Positions
held by
offices in:
Feb.
1979.....
136
180r
253r
2G3r
375r
439r
1,691
1,542
91r
2.0259
United States
Mar.
Mar.
1979.....
1979.....
2,104
204r
5,186
262r
6,658
443r
464
1,666
571
1,495
1,283
116r
2.0691
2.0691
Abroad
United States
1979.....
2,308r
5,448r
4,139216
4,355
6 ?800
421r
Mar.
2,305
125
2,430
7,221r
7,101r
2,130
2,066
1,399r
2.0691
Worldwide
Apr.
1979.....
140
196r
266r
209
233
419r
425r
1,781
1,649
127r
United States
United States
464r
419r
1,630
1,521
165r
2.0691
2.0687
5,542
313r
4,545
2llr
6,947
53 7r
6,920
429r
567
1,800
592
1,788
l,623r
244
2.1758
2.1758
Abroad
United States
2,354r
5,855r
4,756r
7,484r
7,349r
2,367
2,380
l,867r
2.1758
Worldwide
157
292
226
585
428
3,305
1,681
1,846
2.2447
United States
May
1979.....
125
165r
June
June
1979.....
1979.....
2,844
156
2 ,220r
June
1979.....
3,000
July
1979.....
156
284r
134
Table FCP-Vm-2. - Weekly Bank Positions
Assets and liabilities 12/
Banks in U.S.
Date
Assets
Liabilities
Net
Foreign
branch
net
(1 )
(2 )
(3)
131
144
116
53
53
42
48
78
91
74
72
-33
-45
-45
53
48
50
40
84
98
104
68
2/07/79
2/14/79
2/21/79
2/28/79
120
3/07/79
3/14/79
3/21/79
3/28/79
132
148
144
121
4/04/79
4/11/79
4/18/79
4/25/79
138
108
117
5/02/79
5/09/79
5/16/79
5/23/79
5/30/79
6/06/79
6/13/79
6/20/79
6/27/79
120
111
7/04/79
7/11/79
7/18/79
7/25/79
92
89
89
87
122
109
97
88
86
85
94
94
42
42
41
50
96
66
76
72
Exchange contracts 13/
World
wide
net
Banks in U.S.
Bought
Sold
Net
Foreign
branch
net
(7)
(8 )
- (9)
World
Exchange
wide 16/ rate 17/
10,821
10,787
10,571
11,132
10,992
10,977 4
10,734
11,296
-171
-190
-163
-164
42
34
62
14
-129
-156
-21
45
46
29
51
-39
42
38
69
29
126
136
173
11,156
11,403
11,425
11,923
11,320
11,589
11,624
12,125
-164*
-186
-199
45
-30
-38
-57
-119
-216
-237
-259
-102
-101
-98
12
-101
-86
2.0371
2.0375
2.0392
2.0547
43
39
695
139
105
771
70
11,805
12,307
11,933
12,252
11,997
12,446
12,155
12,404
-192
-139
-46
-16
-736
-13
-238
-155
-958
-165
-96
-73
-146
-80
-3
23
-41
-15
-99
-50
-187
-95
2.0695
2.0916
2.0717
2.0387
11,682
11,789
11,970
11,762
11,264
11,868
-12
11,992
12,099
11,896
11,434
29
40
-42
-13
-198
-174
-89
-176
-183
-115
-136
-58
-75
-114
-9
31
24
38
47
-124
-105
-34
-37
-67
2.0695
2.0670
2.0060
2.0568
2.0580
-13
38
23
28
-165
-92
-136
-114
-100
25
-77
-97
-75
28
21
-75
-65
-69
-54
2.0747
2.1057
2.1331
2.1617
85
152
78
-70
27
-85
-144
-96
-75
-95
-87
15
32
36
-3
-'81
-43
-59
-90
2.2109
2.2336
2.2862
2.3175
-2
3
-202
-222
-152
-16
80
60
74
69
55
139
116
52
53
62
67
38
-26
5
-7
90
27
67
60
12,136
13,379
12,849
12,653
12,288
13,509
13,008
12,795
-186
-203
-129
-134
-170
-152
-130
-159
-142
33
39
59
50
-70
-11
21
68
12,851
13,217
13,119
13,292
13,006
13,342
13,282
13,438
-155
-125
-1-63
-146
Footnotes at £nd of Table FCP-IX-3
United
Foreign
States 1£/ branch
12/
(12 )
(11 )
(6 )
71
67
71
59
56
59
World
wide
net
(5)
(4)
49
44
38
38
32
34
32
32
27
28
Net position
2
-120
-42
-5
-70
26
54
(10 )
2
-101
-150
-93
-99
-89
-92
-96
(13)
9
-84
-11
-110
17
-7
-72
-99
6
12
-90
-90
-
12
(14)
2.0161
2.0068
2.0072
2.0259
Section VIII - Sterling Positions
Table FCP-VIII-3. - Consolidated Monthly Bank Positions is/
(In millions of pounds)
Worldwide
End
of
month
Maturity
Assets 19/
(1)
1979-Feb.
(3)
(4)
Foreign exchange contracts 20/
Sold
jf
1
Net
overall
position 21/
(7)
Net
(6)
(5)
2,670
2,720
1,670
848
440
307
-560r
-341
173
-115
50
839
3,426r
4,495
7,180
5,665
3,233
559
3,413r
4,467
7,114
5,703
3,263
742
13r
28
66
-38
-30
-183
-547
-313
239
-153
20
656
(7) Total of all maturities....
8,701r
206
8,655
24,558r
-
-144r
-
-98
160
46r
46
24,702r
(8) Capital assets, liabilities.
(9)
Summary ((7) + (8))........
8,907r
8,815
92r
24,558r
24,702r
-144r
-52
(1)
Demand/spot................
(6) Over 1 year................
(7) Total of all maturities....
2,162'
2,275
2,010
924
539
1.111
2,691
2,541
1,826
999
521
326
-529
-266
184
-75
18
785
9,021
8,90*
117
3,501r
5,255
6,809
6,747
3,361
646
26,319r
3,330r
5,331
6,774
6,787
3,355r
837
26,414r
171
-76
35
-40
6r
-191
-95r
-358
-342
219
-115
24r
594
22r
(8) Capital assets, liabilities.
200
142
58
Summary ((7) + (8))........
9,221
9,046
175
26,319r
26,414r
-95r
(1) Demand/spot.................
(2) 3 days-1 month.............
(3) Over 1 month-3 months......
(4) Over 3 mOnths-6 months.....
(5) Over 6 months-1 year.......
(6 ) Over 1 year...... '..........
2,293
2,309
1,787
926
564
1.199
2,817r
2,637
1,762
846
556
403
-524r
-328
25
80
8
796
3,203r
5,028
7,000
6,654
3,463
577
3,125r
5,104
6,947
6,700
3,371
880
78r
-76
53
-46
92
-303
-446
-404
78
34
100
493
(7) Total of all maturities....
9,078
9,021r
57r
218
157
61
25,925r
_
26,127r
_
-202r
_
-145
(8) Capital assets, liabilities.
Summary ((7) + (8))........
9,296
9,178r
118r
25.925r
26,127r
-202r
-84
(1) Demand/spot................
(2) 3 days-1 month.............
(3) Over 1 month-3 months......
(4) Over 3 months-6 months.....
(5) Over 6 months-1 year........
(6) Over 1 year................
2,289
2,271
1,903
986
433
1,234
2,665
2,756
1,834
810
530
426
-376
-485
69
176
57r
808
2,438r
4,937
7,256
6,309
3,381
595
2,262r
5,096
7,119
6,472
3,334
874
176r
-159
137
-163
47
-279
-200r
-644
206
13
-50
529
(7) Total of all maturities....
9,116
9,021
95
24,916r
25,157r
-241r
(8) Capital assets, liabilities.
205
116
89
-146r
89
(1)
(2)
(3)
(4)
(2) 3 days-1 month.............
(3) Over 1 month-3 months......
(4) Over 3 months-6 months.....
(5)
(9)
(9)
Over 6 months-1 year.......
-
_
_
-
-
-
46
58
80r
61
Summary ((7) + (8))........
9,321
9,137
184
24,916r
25,157r
-241r
Demand/spot.................
2 ) 3 days-1 month..............
3) Over 1 month-3 months.......
4) Over 3 months-6 months......
5) Over 6 months-1 year........
( 6 ) Over 1 year.................
2,493
2,170
1,831
937
478
1,220
2,707r
2,798
1,748
841
542
411
-214r
-628
83
96
-64
809
3,030r
5,243
8,051
5,933
3,614
718
2,956r
5,165
8,079
6,095
3,539
931
(7)
Total of all maturities.....
74r
78
-28
-162
75
-213
-140
-550
55
-66
11
596
9,129
9,047r
&2r
26,765x
-176r
-94
194
114
80
(9)
Capital assets, liabilities..
Summary ((7) + (g)).........
26,589%
8)
(1)
Demand/spot............
(3)
(4)
(5)
( 6)
Over
Over
Over
Over
(9)
1)
July.
(2)
Bought
2,110r
2,379
1,843
733
490
1,146
(6)
May.
Net
Demand/spot................
3 days-1 month.............
Over 1 month-3 months......
Over 3 months-6 months.....
Over 6 months-1 year.......
Over 1 year................
(5)
Apr.
Balance sheet items
Liabilities
9,323
9,161r
month-3 months...
months-6 months..
months-1 year....
year............
2,596
2,345
1,782
923
489
1,344
2,848
2,693
1,874
926
606
417
(2 ) 3 days-1 month.........
1
3
6
1
162r
-
-
-
3
i
s
§
-57r
80
26,589r
26,765r
-176r
-252
-348
-92
-3
-117
927
4,634
5,821
8,439
6,331
3,761
712
4,611
5,671
8,392
6,355
3,823
1,017
23
150
47
-24
-62
-305
-14
-229
-198
-45
-27
-179
622
(7)
Total of all maturities.
9,479
9,364
115
29,698
29,869
-171
-56
(8)
Capital assets, liabilities.
85
200
-
-
85
Summary ((7) + (8))........
138
9,502
-
(9)
223
9,702
29,698
29,869
-171
29
1
55-
8
December 1979
133
______________ FOREIGN CURRENCY pngrptnwH
Section IX - United States Dollar Positions Abroad
Table FCP-IX-1. - Nonbanking Firms’ Foreign Subsidiaries’ Positions
(In millions of United States dollars)
Forward exchange 8/
Short-term tirade
Position
at end
of month
Liquid
assets 2/
(1)
Short
term
debt 3/
(2)
Other
assets 6/
Other
liabili
ties 7/
(6)
Bought
Net
position 9/
Sold
Receiv
able 4/
Pay
ables 5/
(3)
(A)
(5)
20,206
22,922
3,557
2,468
-1,55S
22,817r
23,665
4,157
2,651
-6$370
Mar.
1979
7,228
4,213
11,465
14,408
June
1979
7,873
6,891
13,863
21,853
(7)
(9)
(8)
Table FCP-IX-2. - Weekly Bank Foreign Office Positions
(In millions of United States dollars)
Date
Net
assets and
liabilities 12/
(1)
Net
exchange
contracts 13/
Net
position
(2)
(3)
2/07/79
2/14/79
2/21/79
2/28/79
-5,071
-6,017
-5,988
-6,458r
5,710
6,065
5,993
6,377r
639
48
5
-81r
3/07/79
3/14/79
3/21/79
3/28/79
-5,641r
-6,315r
-5,929r
-5,654r
5,913
6,405
6,099
5,881
4/04/79
4/11/79
4/18/79
4/25/79
-4,490r
-5,059
-4,529
-4,658
5,073
5,637
5,076
5,228
272r
90r
170r
227r
583r
578
547
570
5/02/79
5/09/79
5/16/79
5/23/79
5/30/79
-4,109
-4,585
-4,453
-3,752
-3,587r
5,283
5,221
5,179
4,918
5,372
1,174
636
726.
1,166
1,785r
6/06/79
6/13/79
6/20/79
6/27/79
7/04/79
7/11/79
7/18/79
7/25/79
-4,046
-4*30S
-4,615
-5,334
-5,350
-5,202
-5,621
-5,880
5,249
4,674
4,847
5,684
5,514
5,026
5,765
5,982
1,203
366
232
350
164
-176
144
102
Footnotes at end of Table FCP-IX-3
Section IX - United States Dollar Positions Abroad
Table FCP-IX-3. - Monthly Bank Foreign Office Positions is/
(In millions of United States dollars)
Worldwide
End
of
month
Maturity
(5)
(6)
Net
overall
position 21/
(7)
20,327
44,407
59,997
38,214
9,064
14,723
34,404
56,355
53,254
31,745
12,191
4,779
-14,077
-11,948
6,743
6,469
-3,127
9,944
13.913
20,998
29.913
23,012
12,526
2,510
13,666
18,893
27,588
21,814
12,922
2,084
247
2,105
2,325
1,198
-396
426
-13,830
-9,843
9,068
7,667
-3,523
10,370
186,732
192,728
-5,996
102,872
96,967
5,905
*■91
69
186,801
921
193-,€49
-852
-6,848
102,872
96,967
5,905
-943
23,978
46,066
63,864
36,780
9,300
15,534
41,080
59,531
51,954
31,267
11,869
4,599
-17,102
-13,465
11,910
5,513
-2,569
10,935
15,456
26,115
27,770
26,036
13,352
2,678
15,710
23,592
25,994
25,046
13,935
2,271
-254
2,523
1,776
990
-583
407
-17,356
-10,942
13,686
6,503
-3,152
11,342
195,522
200,300
-4,778
111,407
106,548
4,859
70
970
-900
195,592
201,270
-5.678
111,407
106,548
4,859
-819
21,568
47,219
60,417
37,582
9,478
15.182
39,847
56,130
51,481
31,519
12,018
4.611
14,990
24,783
27,699
26,705
14,324
2.662
14,665
22,226
26,329
26,145
14,439
2.181
325
2,557
1,370
560
-115
481
-17,954
-6,354
10,306
6,623
-2,653
11,052
191.446
195.604
-18,279
-8,911
8,936
6,063
-2,538
■
■
U U ffUL.
-4,158
111,163
105,985
74
1.014
-940
191,520
196,618
-5,098
111,163
105,985
5,178
80
25,841
48,869
59,256
39,487
9,294
14.772
43,713
57,226
52,708
32,010
10,653
4.587
-17,782
-8,357
6,548
7,477
-1,359
10.185
14,746
25,795
31,262
27,029
13,545
2.889
15,117
24,105
29,353
26,079
13,751
2,234
-371
1,690
1,909
950
-206
655
-18,243
-6,667
8,457
8,427
-1,565
10,840
197.519
200.897
,.--3.tl78.
115.266
110i63?
4.627
1.2/9
197,604
919
2Qlf8j.6
-4,212
115,266
110,639
4,627
415
29,401
51,108
57,713
44,178
10,250
14,825
53,376
60,296
50,867
32,994
9,942
4,932
-23,975
-9,188
6,846
11,184
308
9,893
17,909
23,790
32,281
26,979
13,661
2,970
18,032
21,963
30,631
26,091
13,684
2,310
-123
1,827
1,650
-24,098
-7,361
8,496
12,072
285
10,553
117,590
112,711
4,879
Assets 19/
(2)
(1)
1979-Feb... (1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Demand/spot..........
3 days-1 month........
Over 1 month-3 months..
Over 3 months-6 months.
Over 6 months-1 year...
Over 1 year..........
Total of all maturities....
Capital assets, liabilities.
Summary ((7) + (8)).......
Mar... (1)
(2)
Demand/spot...............
3 days-1 month............
(3) Over 1 month-3 months......
(4) Over 3 months-6 months.....
(5) Over 6 months-1 year.......
(6) Over 1 year................
(7) Total of all maturities....
(8) Capital assets, liabilities.
(9) Summary ((7) + (8))........
Apr... (1) Demand/spot................
(2 ) 3 days-1 month............
(3) Over 1 month-3 months......
(4) Over 3 mOnths-6 months.....
(5) Over 6 months-1 year.......
(6) Over 1 year...............
(7) Total of all maturities....
(8) Capital assets, liabilities.
(9) Summary ((7) + (8))........
May.
(1)
(2 )
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Demand/spot..........
3 days-1 month........
Over 1 month-3 months..
Over 3 months-6 months.
Over 6 months-1 year...
Over 1 year..........
Total of all maturities....
Capital assets, liabilities.
Summary ((7) + (8))........
Demand/spot................
(2 ) 3 days-1 month........... ..
(3) Over 1 month-3 months...... .
(4) Over 3 months-6 months..... .
(5) Over 6 months-1 year....... .
(6 ) Over 1 year................ .
(1)
Balance sheet items
Liabilities
Net
(3)
Bought
(4)
Foreign exchange contracts 20/
Sold
Net
81
-900
1,020
-940
-8.24—
888
-23
660
(7)
Total of all maturities.... .
207,475
212,407
-4,932
(8)
Capital assets, liabilities..
76
970
-894
(9)
Summary ((7) + (8)).........
207,551
213,377
-5,826
117,590
112,711
4,879
-947
27,906
48,067
59,132
46,170
10,303
16,299
47,708
62,385
53,973
35,239
9,540
4,762
-19,802
-14,318
5,159
10,931
763
11,537
19,586
26,819
32,989
27,930
14,303
19,471
24,395
31,892
26,888
13,917
115
2,424
1,097
1,042
386
-19,687
-11,894
6,256
11,973
1,149
July... (1)
Demand/spot............
(2 ) 3 days-1 month.........
(3) Over 1 month-3 months...
(4) Over 3 months- 6 months.
(5) Over 6 months-1 year....
(6 ) Over 1 year.
7)
8)
(9)
Total of all maturities.
-53
-894
7.QQ1
&
'I
Capital assets, liabilities.
Summary ((7) + (8)).
I
December 1979
135
.FOREIGN CURRENCY POSITIONS.
SECTION I
1/
Worldwide net positions on the last business day of the
6/
All current assets other than liquid assets and short
calendar quarter of nonbanking business concerns in the
term trade receivables, and financial assets maturing in
United States and their foreign branches and majority-
more than one year from the report date.
owned
Excludes
intracompany accounts, inventories, prepayments, long
partnerships
and
subsidiaries.
Includes
receivables and installment paper which have been sold
term trade receivables, long-term intracompany claims,
or discounted before maturity, U.S. parent companies*
and stocks, bonds, and other securities.
investment in their majority-owned foreign subsidiaries,
(plant
fixed
majority-owned foreign subsidiaries
assets
(plant and
equipment)
and
capitalized
and
equipment)
and
parents*
Fixed assets
investment
in
are excluded.
leases for plant and equipment.
JJ
2/
All financial liabilities other than short-term debt and
Foreign branches and majority-owned partnerships and
short-term trade payables; includes long-term trade pay
subsidiaries only.
ables; intracompany liabilities, accrued expenses, and
Weekly worldwide net positions of banks and banking
report date.
institutions in the United States, and their foreign
excluded.
liabilities maturing in more than one year from the
3/
branches
and
majority-owned
foreign
Capitalized plant and equipment leases are
subsidiaries.
8/
Excludes capital assets and liabilities.
Outstanding amounts of foreign exchange which have been
contracted to be received or delivered in the future.
4/
Foreign branches and majority-owned subsidiaries only.
5/
Monthly worldwide net positions including capital assets
Excludes spot exchange.
9/
banks and banking institutions in the United States and
their foreign branches and majority-owned subsidiaries.
6/
10/
Representative
rates on the report date.
Canadian
dollar and United Kingdom pound rates are expressed in
U.S. dollars per unit of foreign currency, all others in
Foreign branches and majority-owned subsidiaries only.
SECTIONS II THROUGH X
Columns (1),(3),(5), and (7) less columns (2),(4),(6),
and (8).
and liabilities on the last business day of the month of
foreign units per U.S. dollar.
11/
Banks and banking institutions in the United States and
their foreign branches and majority-owned subsidiaries.
1/
Positions of nonbanking business concerns in the United
In section X, foreign branches and majority-owned sub
States and their foreign branches and majority-owned
sidiaries only.
partnerships and subsidiaries.
In section X, positions
12/
Excludes capital assets and liabilities.
13/
Includes both spot and forward exchange contracts.
14/
Sum of columns (3) and (8).
15/
Sum of columns (4) and (9).
16/
Sum of columns (5) and (10).
loans,
17/
See footnote 10.
accounts receivable, and unaccepted trade drafts are
excluded.
18/
See footnote 11.
of foreign branches and majority-owned partnerships and
subsidiaries only.
2/
Includes unsettled spot foreign exchange purchase con
tracts,
as
well
as
currency,
deposits, negotiable and
other
demand
readily
and
time
transferable
financial instruments maturing in one year or less from
the report date, and intracompany claims and loans to
other
parties
repayable
on
demand.
Other
19/
3/
Includes
contracts,
unsettled
spot
foreign
exchange
Fixed-rate loans are reported by time remaining to final
sales
maturity or the nearest call date, whichever is earlier,
intracompany liabilities, other than short-term
and floating-rate loans by time remaining to the nearest
trade payables, short-term borrowings due in one year or
interest-fixing date.
less from the report date, and the current portion of
long-term debt.
Other
loans,
accrued expenses and
20/
4/
Due in one year or less; includes intracompany trade
receivables. Receivables and installment paper sold or
discounted before maturity are excluded.
5/
Due in one year or less; includes intracompany trade
payables.
Option forward exchange contracts are reported by time
remaining to the nearest option exercise date.
accounts payable are excluded.
21/
Sum of columns (3) and (6).
r
Revised.
n.a. Not available.
136
Treasury Bulletin
_____FOREIGN CURRENCIES ACQUIRED BY THE U. S. GOVERNMENT WITHOUT PAYMENT OF DOLLARS^— .
Foreign currencies reported herein in U.S.dollar equiv
alents were acquired without direct payment of dollars,
for
foreign currency balances as of November 30, 1953, into Treas
ury custody, and the flow of future collections through Treas
the most part in connection with foreign assistance and agri
ury accounts;
cultural
withdrawals from Treasury accounts; limitations
trade development programs authorized by
provisions of law.
These currencies are generally
various
referred
'to as "nonpurchased" foreign currencies to distinguish
from
currencies purchased with dollars from banks or
commercial sources.
of the Department
The currencies are held in
of
them
other
the custody
the Treasury until such time as
they
are either sold for dollars to Government agencies or trans
ferred to Government agencies for expenditure without charge
to appropriations, as specifically authorized by law.
Prior
to July 1, 1953, foreign currencies
acquired by
and established requirements
with
accounting for the currencies.
Revised,
June 8,
1978, and
Treasury
corresponding
instructions
Volume I of the Treasury Fiscal Requirements
Manual,
2-3200 now cover foreign currency accounting
and
Figures
are
stated
in
since most
of
restricted as to uses by the terms of
priation processes.
The
tables
agreements
exclude the counterpart
held in accounts of the
funds
foreign governments.
funds is subject to approval of the
are
except as provided annually in appropriation acts. Subsequent
actions therein
legislation required executive departments and agencies,with
International Development.
included
in
The tables also exclude
purchases of
Detailed
foreign currencies which are under
data,
by
owned by and.
United States, and trans
countability and reported as dollar transactions.
as
between the
reports of the Agency
the foreign currencies used.
September 23, 1953, and No. 10900 dated January 5, 1961,
Gov
The use of such
certain exceptions, to reimburse the Treasury in dollars for
Executive Orders No. 10488 dated
U.S.
the currencies are inconvertible and
United States and the foreign governments.
U.S. Government
reportings
not be assumed that dollars, in amounts equal to the balances,
operating expenses and were not subject to the regular appro
expend foreign currencies belonging to the
in
TFRM
dollar equivalents,computed for
ernment,
The act of July 15, 1952, Sec. 1415 (66 Stat. 662), pro
I
reporting purposes, to provide a common denominator
for the
currencies of the many foreign countries involved. It should
are actually available for the general use of the
vided that after June 30, 1953, U.S. agencies could no longer
and
Circular No. 930,
ally were available to
defray
purchases
and amounts of holdings; the use of foreign depositaries;
Government agencies without direct payment of dollars gener
the collecting agencies to
respect to
on
account,
agency,
dollar
program,
for
the U.S.
ac
foreign
amended, provided for the issuance of regulations by the Sec
country, units of currency, and related
retary of the Treasury governing the purchase,
were published annually in the Combined Statement of Receipts,
posit, transfer, and sale of foreign exchange by
custody, de
all Execu
Expenditures
and Balances,
from
dollar
equivalents,
fiscal 1958 through
1969.
tive Departments and agencies of the U.S. Government.
Beginning with fiscal 1970, only summary data by country
Accordingly, Treasury Circular No. 930 was issued on
October 19, 1953, effective December 1, 1953.
These regu
account are shown in
lations provided
Currencies Held by the U.S. Government.
for the transfer of
department and agency
the
Combined
Statement;
and
however, de
tailed data are published semiannually in the report,
Foreign
December 1979
137
.FOREIGN CURRENCIES ACQUIRED BY THE U. S. GOVERNMENT WITHOUT PAYMENT OF D O L L A R S _
Table FC-1. - Summary of Foreign Currency Transactions
(Fiscal years; in millions of dollar equivalents)
1971
1972
1973
1974
1975
1976
T.Q.
1977
1978
1979
Cash balances brought forward:
Excess currencies 1/ .............
Near- and non-excess currencies..
2,069.2
119.7
1,991.9
84.9
1,791.9
69.6
1,808.2
71.3
1,772.0
86.5
1,732.4
87.0
1,551.0
72.6
1,550.3
69.1
1,242.6
253.7
1,214.4
245.8
Total cash balances............
2,188.9
2,076.8
1,861.5
1,879.5
1,858.5
1,519.4
1,623.6
1,619.4
1,496.3
1,460.2
225.9
8.0
168.6
25.6
11.1
193.4
.4
333.0
-*
10.3
24.0
-
7.2
50.1
35.2
35.6
1.3
10.3
24.7
33.0
78.2
.2
8.0
16.4
30.8
73.8
6.4
26.5
40.3
45.6
17.1
17.7
41.6
35.4
2.5
10.2
56.2
31.4
3.8
18.0
3.6
-
-
1.0
11.1
46.5
11.6
.2
10.9
44.5
23.7
.4
10.4
115.3
12.7
12.8
371.3
11.8
152.8
144.6
165.7
135.2
182.9
138.0
1,973.14/
387.4
161.8
98.4
94.0
90.0
24.2
17.8
124.7
77.0
102.5
71.9
79.3
73.7
Collections:
Public Law 480 sales 2/..........
Currency use payments............
Foreign assistance programs:
Special letter of credit......
Interest on depositary balances
Other non-loan collections 3/....
Advances from foreign governments
Loan repayments (principal & in terest):
Public Law 480 loans...........
Foreign assistance loans......
-
-
584.6
Total collections..............
678.8
624.3
644.2
2,805.7
370.8
278.3
74.6
Total availabilities...........
2,867.7
2,701.1
2,505.7
4,685.2
2,229.3
* 2,097.6
1,698.2
339.3
193.0
313.4
2,361.1 5/
34.9
39.8
1.7
13.2
12.3
12.0
29.3
27.4
89.1
40.0
29.3
68.0
15.4
20.1
39.7
1.8
21.6
35.7
*
6.3
27.2
3.2
18.4
17.2
1.0
4.5
6.6
13.6
9.7
12.2
4.4
11.6
127.5
214.8
1.3
5.8
118.1
203.3
.2
4.3
122.2
220.1
15.6
142.0
171.4
169.0
122.9
180.1
114.4
39.8
37.1
165.3
201.3
220.0
163.3
-
-
-
-
-
-
12.2
22.0
16.3
11.3
17.4
16.2
477.7
167.4
3.5
Expenditures:
Foreign currency expenditure
authorizations:
Public Law 480 loans and grants
Public Law 480 loans to private
Trust...........................
With dollar credits to:
Miscellaneous receipts.........
Commodity Credit Corporation...
Special letter of credit......
Other...........................
Deposits for replacement of
borrowed (unfunded) currencies
‘
331,0. ....348.5...
1,950.4
1,844.8
8.4
25.9
-54.6
-1.5
-1.4
.8
-
*
-.2
.4
842.9
682.1
691.9
2,744.3
380.9
390.3
95.4
417.4
433.5
676.9
Adjustments due to changes in exCash balances carried forward.....
2,044.8
52.0
-157.5
65.7
-82.4
-29.0
-83.8
16.6
-36.7
48.9
-17.7
2,076.8
1,861.5
1,879.5
1,858.5
1,819.4
1,623.6
1,619.4
1,496.3
1,460.2
1,350.1
T.Q.
1977
1978
1979
Footnotes at end of Table FC-4.
Table FC-2. - Foreign Currency Transactions, Country Uses
(Fiscal years; in millions of dollar equivalents)
1971
1972
1973
Cash balances brought forward:
Excess currencies 1/.............
Near- and non-excess currencies..
403.7
70.9
273.8
74.5
189.0
77.1
130.0
10.3
58.2
9.6
68.8
4.4
27.0
2.4
26.2
2.3
32.1
7.7
31.7
11.2
Total cash balances............
474.6
348.3
266.1
140.3
67.8
73.2
29.4
28.5
39.8
42.9
171.2
8.8
131.2
.2
6.5
5.2
122.1
3.2
-*
-
-
-
293.6
4.0
-
-
-
-
-
-
-
180.0
137.9
130.5
297.6
-*
-
-
-
-87.3
88.9 „
-46.7
59.1
-18.5
94.3
-52.8
2,043.8 6/
-4.2
46.9
-12.2
14.4
-.4
.9
110.5
75.4
34.9
1974
1975
Collections:
Total collections..............
Transfer to U.S. use...............
Transfer from U.S. use.............
-
1976
-
~
-26.7
52.3
-*
16.0
-6.2
9.3
29.9
54.1
55.8
46.0
39.8
1.7
13.2
12.3
12.0
-
-
656.2
498.6
472.4
2,428.9
Expenditures:
Public Law 480 loans and grants..
Public Law 480 loans to private
339.3
193.0
313.4
2,361.1 5/
29.3
9.6
40.0
7.6
15.6
4.0
1.8
3.6
*
1.4
3.2
1.6
-
-
-
Other foreign assistance programs
*
*
.8
*
378.2
240.6
333.0
2,366.5
36.3
44.6
1.7
13.2
13.0
12.0
Adjustments due to changes in exCash balances carried forward.....
Footnotes at end of Table FC-4.
70.3
8.1
.9
5.4
-1.0
-1.3
.2
-1.2
.2
-*
348.3
266.1
140.3
67.8
73.2
29.4
28.5
39.8
42.9
33.9
238
—
Treasury Bulletin
FOREIGN CURRENCIES ACQUIRED BY THE U. S. GOVERNMENT WITHOUT PAYMENT OF DOLLARS,—
Table FC-3. - Foreign Currency Transactions, U.S. Uses
(Fiscal years; in millions of dollar equivalents)
1971
1972
1973
1974
1975
1976
1977
T.Q.
1978
1979
Cash balances brought forward:
Excess currencies 1 / ..............
Near- and non-excess currencies..
1,660.2
5.3
1,709.9
-18.6
1,597.9
-19.7
1,672.6
44.7
1,711.7
59.6
1,662.1
62.7
1,522.5
57.1
1,522.6
54.8
1,207.8
223.4
1,177.0
209.3
Total cash balances..............
1,665.5
1,691.3
1,578.2
1,717.3
1,771.3
1,724.8
1,579.6
1,577.4
1,432.1
1,386.3
Collections:
Public Law 480 sales 2 / ..........
Currency use payments.............
Foreign assistance programs:
54.7
8.0
37.4
25.4
5.9
71.3
.4
39.4
-*
10.3
24.7
7.2
50.1
35.2
_
35.6
1.3
1.5
24.7
33.0
.2
1.5
16.4
30.8
3.2
26.5
40.3
13.1
17.7
41.6
2.5
10.2
56.2
1.1
11.1
46.5
.2
3.8
18.0
.2
10.9
44.5
.4
10.4
115.3
_
_
12.8
371.3
Foreign assistance loans.........
152.8
144.6
165.7
135.2
182.9
138.0
1,973.14,
387.4
161.8
98.4
93.2
90.1
24.2
17.8
124.7
77.0
102.5
71.9
79.3
73.7
Total collections...............
420.6
412.6
468.1
2.472.7
339.4
266.6
71.2
307.4
335.8
572.7
Transfer to country u s e .............
Transfer from country u s e ..........
-88.9
87.3
-59.1
46.7
-94.3
18.5
-46.9
4.2
-14.4
12.2
-.9
.4
-52.3
26.7
-16.0
*
-9.3
6.2
2,084.5
2,091.5
1,970.5
2,199.0
2,068.0
1,989.2
1,650.3
1,859.2
1,751.9
1,955.9
17.8
21.7
16.1
18.0
4.9
16.8
.6
6.6
8.9
4.4
127.5
214.8
1.3
5.8
118.1
203.3
.2
4.3
122.2
220.1
15.4
142.0
171.4
12.2
169.0
122.9
22.0
180.1
114.4
16.3
39.8
37.2
11.3
165.3
201.3
17.4
220.0
163.3
16.2
477.7
167.4
8.4
25.9
-54.6
-1.5
-1.4
.8
.3
*
-.2
.4
375.6
373.5
319.2
342.1
317.4
328.5
89.3
390.6
408.2
653.3
O ther.............................
Interest on depositary balances....
Other non-loan collections 3 / ......
Loan repayments (principal &'interest):
Total availabilities..........
Expenditures:
Foreign currency expenditure
authorizations...................
With dollar credit to:
Miscellaneous receipts........
Commodity Credit Corporation..
Special letter of c r edit......
Deposits for replacement of
borrowed (unfunded) currencies
Total expenditures..........
-2,043.8 6,
52.8
,
_
3.5
Adjustments due to changes in ex
change rates........................
-17.6
-139.8
66.0
-85.6
-25.8
-81.1
16.4
-36.3
42.6
-14.0
Cash balances carried forward......
1,691.3
1,578.2
1,717.3
1,771.3
1,724.8
1,579.6
1,577.4
1,432.1
1,386.3
1,288.9
Footnotes at end of Table FC-4.
Table FC-4. - Foreign Currency Transactions, Trust Funds
(Fiscal years; in millions of dollar equivalents)
1971
Cash balances brought forward:
Excess currencies 1 / ..............
Near- and non-excess currencies..
Collections:
Advances from foreign governments.
1972
1973
1974
1975
1976
T.Q.
1977
1978
1979
5.3
43.5
8.2
29.0
5.0
12.2
5.6
16.3
2.1
17.3
1.6
19.8
1.5
13.0
1.5
12.1
1.5
22.9
1.2
29.8
48.8
37.2
17.2
21.9
19.4
21.4
14.5
13.6
24.4
31.0
78.2
73.8
45.6
35.4
31.4
11.6
3.6
23.7
12.7
11.8
Total availabilities...........
127.0
111.0
62.8
57.3
50.8
33.0
18.0
37.3
37.1
42.8
Expenditures:
Foreign currency expenditure
authorizations...................
89.1
68.0
39.7
35.7
2*7.2
17.2
4.5
13.6
12.3
11.6
-.7
-25.8
-1.2
-2.2
-2.2
-1.4
.1
.7
6.1
-3.6
37.2
17.2
21.9
19.4
21.4
14.5
13.6
24.4
Adjustments due to changes in
Cash balances carried forward......
Source:
Bureau of Government Financial Operations.
Note:
Dollar equivalents were calcualated at varying rates of exchange.
Receipts are valued at the previous end-of-the-quarter reporting
rates with the exception of currencies received under Public Law 480,
as amended. Sections 103 (c), 402, 502(a), and Section 6, Title II of
the Mutual Security Act of 1954, as amended, currencies are valued at
international agreement rates which are referred to as either import
or loan repayment rates. Currencies sold for dollars are valued at
the rate in effect on the date of sale. Balances are valued at
reporting rates. Transfers and expenditures are valued at the begin
ning of the quarter reporting rates.
1/ U.S. supplies of these currencies are expected to exceed U.S. require
ments for at least the next two years.
2/ Agricultural Trade Development and Assistance Act of 1954, as amended
(7 U.S.C. 1704-5).
3J
4/
5/
6/
7/
*
31.0 7/
27.5 7/
Consists of recoveries of military assistance, proceeds from sales
of buildings abro-ad, repayments under lend-lease and surplus prop
erty agreements, and other miscellaneous collections.
Includes $1,849.2 million repayments by the Government of India of
P.L. 480 laons pursuant to the Indian Rupee Settlement agreement of
February 18, 1974.
Includes $2,035.4 million granted to the Government of India pursuant
to the Indian Rupee Settlement agreement of February 18, 1974.
Includes $2,020.3 million transferred in India from U.S. uses to
country uses pursuant to the Indian Rupee Settlement agreement of
February 18, 1974.
Includes $9.6 million invested in 7% Japanese Government Bond No.1
for Sept. 30. 1978 and $15.2 million for Sept. 30, 1979 invested in
77o Japanese Government Bond No. 1 and Japanese Government Bond 7-2
with Maturity dates of Feb. 20, 1982 and Feb. 20, 1986 respectively.
Less than $500.
December 19 79
_ _ _ _ _ _ _ _
139
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS _ _ _ _ _ _ _ _
Section II - Federal Credit Programs
Table GA-II-1. - Direct Sales and Repurchases of Loans
(in millions of dollars)
Total
Fiscal year
or month
Sales
1970........................
1971........................
1972........................
1973........................
1974........................
1975........................
1976........................
T.Q.........................
1977,.......................
1978......................
1979......................
1978-Oct..................
2,115
2,548
3,045
6,257
3,390
7,829
11,666
2,759
7,895
10,544
11,848
111
21 3
882
1979-Jan..................
Feb..................
J u l y . ..........
Sept ..........................................................
O c t .............................................................
*
Less than $500,000.
Expor t- Impor t
Bank of the
United States
1,016
♦T36
838
1,233
1,160
1,169
1,510
1,180
1,135
1,090
Repur
chases
842
305
781
330
1,141
1,559
1,281
422
2,121
3,399
2,055
29
16
306
81
12
15
12
14
16
522
512
520
506
Farmer s Home
Admini stration
Repur
chases
Sales
406
269
248
145
21
21
160
-
-
Repur
chases
Sales
261
4
187
20
3
2
104
_
-
-
-
_
_
-
-
-
-
1,668
2,005
2,430
3,324
2,172
6,415
4,247
1,070
5,445
9,407
10,375
775
-
775
690
715
825
905
1,160
1,150
1,065
1,180
1,135
1,090
Housing and Urban
Development Dept.
Government
National Mortgage
Association
Repur
chases
Sales
_
_
-
-
-
-
-
-
-
-
-
2,300
1,501
1,232
6,963
ly592
2,118
938
1,473
2
213
107
78
10
12
9
326
21
13
328
521
510
518
506
Sales
_
569
287
574
284
1,105
1,524
1,148
414
2,083
3,355
2,026
26
12
303
12
14
Small Business
Administration
_
19
445
_
_
_
-
30
-
*
_
*
-
_
_
_
_
„
_
_
_
_
Veterans
Administration
Repur
chases
*
2
1
-
3
3
*
-
1
1
*
38
244
368
488
209
163
294
96
333
198
Repur
chases
12
12
19
25
30
32
29
6
36
43
28
3
_
_
_
_
_
_
4
3
3
2
J
3
3
2
2
x
*
_
Sales
Treasury Bulletin
140
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS .
Section II-Federal Credit Programs
Table GA-II-2. - Direct and Guaranteed Loans Outstanding September 30, 1979
(In thousands of dollars)
Agency and program
Guarantees a nd»insurance
Direct loans or credit
Amount
outstanding
Maximum
authority I f
Amount
Maximum
outstanding authority 2/
Government
fee or premium
Interest
range
(Percent) 3/
Maturity
range
(Years) 3/
I-Wholly owned Government enterprises
United States dollar loans
Funds appropriated to the President:
Appalachian regional development programs:
Foreign assistance:
International security assistance:
Foreign military credit sales..................
Liquidation of foreign military sales fund:
Long-term credits.............................
International development assistance:
Bilateral assistance:
Agency for International Development:
Alliance for Progress, development loans...
Common defense, economic, and triangular
Development loan fund liquidation account..
Grants and other programs..................
Total Agency for International Development.
499
499
-
-
563,197
751,360
563,197
751,360
5,636,900
5,636,900
6,930
311,250
6,930
311,250
-
-
3,235,771
3,260,009
-
-
18,768
94,524
8,986,667
5,429,786
759,692
904,556
-
1/2— 27.
-
770,961
_
55,094
18,768 5/
94,524
7,557,474
3,665,441
22,948
Total funds appropriated to the President.......
16,228,162
Agriculture Department:
Commodity Credit Corporation:
Commodity loans....................................
Long-term dollar credit sales.....................
Short-term export dales credits..................
Investments acquired in settlement of claims....
3,885,831
6,483,084
2,617,272
1,324,126
7,980
-
50,000
300
1
3
1/
20
Up to 10 ST
.
"
0— 6
3— 6-1/8
-
3/4— 6
8— 40
3/4— 6
3/4— 6
3/4— 6
5— 9-1/4
3/4— 6
8— 40*
8— 40
5— 40
15— 30
2-1/2-45
1/2-2-3/47.
7— 12
3— 12
_
Various
Various
Do
Do
Do
Various
1
Various
Do
5— 8
Various
8.6
Various
3— 10 ST
25 ST
92,133
6,488,725
3,885,831
6,483,084
2,617,272 6^
1,324,126
7,980
-
_
55,094
55,094
14,318,293
Agricultural Marketing Service:
Milk market orders assessment fund.............. .
-
1/4%
1/2 to in
definite
759,692
14,571,978
Overseas Private Investment Corporation.....
0 — 8-1/2 ST
-
300
-
-
-
Farmers Home Administration:
Agricultural credit insurance fund:
Farm ownership loans:
47Q,275
4,952
219,744
1,559
25,285
808,631
457,044
625
10,749
470,27^
4,952
219,7441
3,605,517^
43,217 /
1,460,501-'
13,602
11,093^
187,197 )
5,758,039*'
24,194
286,841
2,384,120
74,745
3,214
48,911)
457,044
625
10,749
3,605,517
43,217
1,460,501
13,602
11,093
187,197
5,758,039
24,194
286,841
2,384,120
74,745
3,214
48,911
22,680
2 2 ,6 8 6 )
156,519
156,519
Resources conservation and development loans..,
Programs in liquidation.........................
10,080
2,121
195
10,080)
2,12117/
60,949
14,211
581
60,949
14,211
581
Total agricultural credit insurance fund......
2,033,940
Guaranteed operating loans......................
Emergency loans................................. .
Guaranteed emergency livestock loans.......... ,
Emergency loans refinanced......................
Indian land acquisition loans................. .
Grazing, recreation, irrigation, and forestry
loans............................................
Watershed works of improvement and flood
Rural development insurance fund:
Water and waste disposal loans to associations.
Community facilities loans to associations....,
Business and industrial development loans.....
Guaranteed business and industrial devel. loan.
268,973
77,369
1,722
348,064
Footnotes at end of section.
-f
1,559 7/
25,285)
808,631 11/
-
19$)
_
8/
_
_
_
_
_
_
8/
3— 9> 91
3— 9
5— 9.5 9/
12/
9 9/
9 9/
1— 9.5 9/
1— 9.5 9/
12A
9— 9.5 9/
12/
1— 8.5 9/
5— 9 9/
9 9/
6.595
6.595
0— 40
0— 40
7 10/
7 10/
0— 40
0— 40
0— 40
0— 40
0— 40
0— 40
0— 40
0— 40
0— 40
0— 40
13/
0— 30
-
14,133,451
268,973
77,369
1,722
-
3,322,462
609,863
35,414
1,500,358
5,468,097
3,322,462
609,863
35,414
1,500,358
8/
_
-
5
5
9.75
Various
0—
0—
0—
0—
40
40
40
40
141
December 1979
____FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS Section II-Federal Credit Programs
Table GA-H-2. - Direct and Guaranteed Loans Outstanding September 30, 1979—Contined
(In thousand of dollars)
Direct loans or credit
Guarantees and insurance
Agency and program
Amount
outstanding
Maximum
authority 1/
Amount
outstanding
Maximum
authority 2/
Government
fee or premium
Interest
range
(Percent) 3/
Maturity
range
(Years) 3/
I-Wholly owned Government enterprises
United States dollar loans - Continued
Agriculture Department-Continued
Farmers Home Administration-Continued
Rural housing insurance fund:
Self-help housing land development fund:
Self-help housing land development loans........
326,578
3,165
398,419
1,099
25,518
15,194,846
326,578
285,520
3,165
1,758,845
398,419
>16/
4,142
1,099
25,000
25,518
754,779
17,268,353
809
809
15,194,846
285,520
1,758,845
4,142
25,000
0— 33
0 — 33
18/
2 ST
0— 33 ST
_
3 ST
2 ST
-
-
8/
-
-
14/ 15/
14/ 15/
17/
19/
1 ST
8/
8/
8/
36,869,901
3,137,592
Soil Conservation Service:
309
1,042
309
1,042
1,351
-
17,457,536
36,924,995
Commerce Department:
Economic Development Administration: 27/
Maritime Administration:
Ship sales (purchase money mortgages)..........
Federal ship mortgage insurance fund:
651,831
21,158
651,831
21,158
8,130
8,130
123,797
123,797
Total Commerce Department.........................
Defense Department:
Military: Defense production guarantees:
Civil:
Ryukyu Islands, construction of power systems....
;
386
750,000
20,000
10,000,000
1/4— 1%
250,000
105,829
105,829
813,978
5,710,057
4
953
4
953
-
6,881
6,881
-
7,838
20/
20/
Up to 40 ST
12— 20
20— 25
25 ST
25 ST
;
3/4%
6— 12
6— 8-1/2
3— 8
20
10-30
3— 10
10-1/2— 13-1/2
6
n.a.
n.a.
4— 7—1/2
various
20
l-l/S-j-20
1
-
-
-
71,961
33,397
14,488
-
14,488
*
Health, Education, and Welfare Department:
Public Health Service:
Health maintenance organization, loan
guarantee and loan fund........................
Medical facilities guarantee and loan fund.*..
Health teaching facilities construction:
Construction of hospitals and other
•
25,768
25,768
25,045
33,466 21L/
121
251
48,12?
17,381
5,608
553,770
49,700
17,381
5,608
553,770
675,820
Footnotes at end of section.
3-3/8— 8-1/4
6— 7
3-1/2 ST
9,062
Energy Department:
Health professions education fund.............
1
0 — 50 ST
5,438,499
386
8,184
492
Total National Oceanic and Atmospheric Admin....
1/2% ST
197,882
-
165,729
-
5,438,499
131,927
National Oceanic and Atmospheric Administration:
Federal ship financing fund, fishing vessels....
Coastal energy impact fund......................
-
-
83,635
83,635
1,284,619
1,716,534
73,518
74,955
21/
-
-
-
-
1,441 ,.772
-
-
7.25— 9.375
20
6.6$5— 10v5S5
25
8.35— 10
2-1/3— 2-3/4
30
30
2-1/2— 5-1/4
5— 6-1/4
5-7-1A
3— 5-1/2
39— 50
20
5— 15
5— 15
Treasury Bulletin
142
____ FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS_______
Section II-Federal Credit Programs
Table GA-II-2, - Direct and Guaranteed Loans Outstanding September 30, 1979—Continued
(In thousands of dollars)
Guarantees and insurance
Direct loans or credit
Maturity
range
(Years) 3/
Agency and program
Amount
outstanding
Maximum
authority I f
Amount
outstanding
Maximum
authority 2/
Government
fee or premium
range
(Percent) 3/
I-Wholly owned Government enterprises
United States dollar loans - Continued
Health, Education, Welfare Department - Continued
Office of Education:
Student loan insurance fund.....................
Higher education facilities loans and insurance
fund.............................................
Elementary and secondary education.............
Higher educational loans to institutions......
Advances for reserve funds......................
Higher educational loans to students.... '.....
941,363
941,363
8,302,000
426,377
283
7,347
19,561
i 3,783,819
779,250
41,420
25,520
30,000
3,809,220
-
-
Total Office of Education.......................
5,178,750
8,302,000
-
-
-
-
Social Security Administration:
Assistance to refugees in the U.S..............
1
1
26,790
Total Health, Education, and Welfare Department..
5,881,360
Housing and Urban Development Department:
Housing programs:
Federal Housing Administration:
Revolving fund:
Property improvement loans.................
Purchase money mortgages....................
Mortgage insurance loans....................
116,572
391,739
2,612,333
Total Federal Housing Administration
revolving fund.............................
1,192,877
2,979,711
Total housing programs..........................
7,851,366
Government National Mortgage Association
Special assistance functions.....................
Management and liquidating functions............
Emergency mortgage purchase assistance..........
Guarantees of mortgage - backed
securities fund...............................
Total Government National Mortgage Association..
26,790 2 >/
9,743,772
116,572
391,739
2,612,333
55,636
536
2.474
1,873 31/
497,615
_
-
762,795
762,795 28/
- 1
105,204,528
105,204,528
.33— 1%
0— .5%
3,715,000
5,001,000 3jV
55,636
536
2,474
1,873
497,615
-
- 1
15,049,939
“
15,049,939
-
-
_
-
3,283
-
-
-
-
3,308,116
11,686,571
Interior Department:
Bureau of Reclamation:
Irrigation distribution systems ..............
Small reclamation projects .....................
Drought emergency assistance........... ........
83,235
178,724
34,219
Up to 15 26/
9.41— 12.00 ST
4.00— 9.50 ST
3.00— 9.50 ST
0— 15 ST
0--40 ST
0--40 ST
6-7/8— 7-3/8
2.75— 3.75 ST
30— 50 ST
30— 50
Demand— 40
4— 36 ST
1 - 1/2
5-1/4— 7-1/2
10— 30
33/
33/
7-1/2— 8-1/2 34
33/
33/
25— 30
-
-1
Total Housing and Urban Development Department...
3— 40
Up to 10
Up to 15
23/
3 ST 12— 15 ST 24/
121,017,262
_j
504,139
22,950
-
Various
3— 3-3/4
5-7/8— 8
6-7/8— 8
2-1/2— 8-3/4
.
-
3,283
Various
- ;
2,360,278 3:2/ 8,250,186
167,107 T
167,107
777,448 3,I f 12,750,000
Community planning and development:
Rehabilitation loan fund.........................
Urban renewal programs...........................
New communities guarantee fund....................
620,000
22,950
-
466,006
141,482
33/
33/
-
466,006
740,500
35/
3 ST
Variable
7— 7-3/4
3— 20
Variable 3ft/
20
121,624,750
83,235
178,724
34,219
-
-i
"
-
_
Total Bureau of Reclamation.....................
296,178
Geological Survey:
Surveys, investigations, at^d research..........
1,926
1,926
-
-
Bureau of Indian Affairs
Revolving fund for loans:
Cooperative associations......................
Corporations and tribes.......................
Credit associations...........................
Expert assistance.............................
Individual Indians............................
1,062
52,600
3,118
1,298
7,278
1,062
52,600
3,118
1,298
7,278
“
“
Total revolving fund for loans...............
65,356
Loan guaranty and Insurance fund............
Liquidation of Hoonah Housing Project..........
3,091
110
Total Bureau of Indian Affairs.............
68,557
Footnotes at end of section.
1/4% ST :
105,967,323 2 y
3,120,644
Housing for the elderly or handicapped.........
College housing loans...........................
Low - rent public housing:
Loans to States, territories, etc............
Purchase money mortgages......................
Nonprofit sponsor assistance....................
Community disposal operations fund............
Liquidating programs............................
8,302,000 1
3— 4-1/8 37/
22— 50
Up to 40
-
_
-
3,091
110
44,440
44,440
200,000
“
-
5-3/4— 10-1/4
3— 5-1/2
0— 5-1/2
2— 5
5-1/2
0— 5-1/2
0— 30
0— 30
0— 30
0— 25
143
December 1979
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS ,
Section II-Federal Credit Programs
Table GA-II-2* - Direct and Guaranteed Loans Outstanding September 30, 1979—Continued
(In thousand of dollars)
Guarantees and insurance
Direct loans or credit
Agency and program
Amount
outstanding
Maximum
authority 1/
Amount
outstanding
Maximum
authority 2/
Government
fee or premium
Maturity
range
(Years) 3/
Interest
range
(Percent) 3/
I-Wholly owned Government enterprises
United States dollar loans - Continued
Interior Department - Continued
Territorial Affairs:
Public works......................................
Rehabilitation in Guam...........................
Guam Power Authority..............................
Virgin Islands - Construction....................
529
34,821
Total Territorial Affairs........................
Total Interior Department..........................
35, 350
402, 011
Justice Department:
Law Enforcement Assistance A?ihainistration:
Loans to law enforcement students...............
529
34,821
36.000
22.000
7
7-1/8
7-1/8
36.000
61.000
58.000
102,440
152, 488
152,488
3-1/2— 7
State Department:
Emergencies in the diplomatic and consular service
Loans to the United Nations.... •... ................
3, 148
33, 404
3,148
33,404
3.1— 5.1
Total State Department..............................
36, 552
Transportation Department:
Federal Aviation Administration:
Aircraft loans....................................
Federal Highway Administration:
Right-of-way revolving fund......................
Federal Railroad Administration:
Iroans 'to railroads.. ........ .....................
Railroad loans acquired by default..............
Trustee certificates of railroads...............
Urban Mass Transportation Administration:
Urban Mass transportation fund...................
Washington Metropolitan Area Transit
Authority bonds..................................
Total Transportation Department....................
171,051
160,976
25,995
2,804 39/
47,196
30
30
4
4
2
2.500.000
10
15 ST
1/4%
300,000
2—
25,995
2,804
1,054,343
2.400.000
63,273
125.000
997,000
997.000
57,183
1/4%
1/4%
7/8%
38/
6 - 1/2
7.8— 8.1
10 ST
1— 20 ST
40/
15 ST
4-1/8— 8-3/8
1— 28
7.30— 8.35
40
3— 3-1/2
0— 3
0— 2-3/8
2
84
61
30
56
55
2,285,667
236,971
Treasury Department:
Miscellaneous loans and other assets:
Greece.............................................
Hungary............................................
Turkey.............................................
Lend-lease and surplus property..................
United Kingdom....................................
12,274
490
118,421
1,298,402
2,407,892
Total Treasury Department..........................
3,837,479
General Services Administration:
Liquidation of Virgin Islands Corporation.........
Surplus property credit sales......................
Federal buildings fund..............................
1,856
42,453
Total General Services Administration.............
44,309
Veterans Administration:
Direct loans to veterans and reserves.............
Education loans.....................................
Loan guaranty revolving fund:
Acquired mortgages................................
Guaranteed mortgages..............................
National service life insurance fund.......... .
Service-disabled life insurance fund..............
U.S. Government life insurance fund...............
Veterans insurance and indemnities................
Veterans reopened insurance fund...................
Veterans special life insurance fund..............
Vocational rehabilitation revolving fund..........
Total Veterans Administration......................
Independent
Community
Loans to
Loans to
1,856
42,453
1,172,058
470,350
60,886
1,206,347
1,206,347
40,375,284
1,049,869
24,895
45,307
1,204
33,399
57,604
415
1,172,058
5— 6-1/2
4-1/4— 10-1/4
4.67— 8.56
0— 10
0— 30
0— 26
1,172,058
470,216
60,886
5,997,089
148,846
314,125
6,096
360,349
459,060
415
41/
41/
4y
'
41/
41/
40,375,284
4— 9-1/2 ST
8 SI
7— 30 ST
Indefinite
3—
3—
4—
4—
4—
4—
4—
4—
7— 30 ST
7— 30 ST
Indefinite
Do
Do
Do
Do
Do
9-1/2 ST.
9-1/2 SI
5
5
5
5
5
5
2,950,142
agencies:
Services Administration:
individuals...............................
cooperative associations................
3,827
5,954
Total Community Services Administration...........
9,781
Footnotes at end of section.
12,274
490
118,421
1,298,402
2,407,892
4-1/8
4-1/8
15 43/
30 _43f
144
Treasury Bulletin
_
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS_______________________
Section II-Federal Credit Programs
Table GA-II-2. - Direct and Guaranteed Loans Outstanding September 30, 1979—Continued
(In thousands of dollars)
Agency and program
Guarantees and insurance
Direct loans or credit
Amount
outstanding
Maximum
authority 1/
1,392,921
1,392,921
832
40,000
832
40,000
Amount
Maximum
outstanding authority 2/
Government
fee or premium
Interest
range
(Percent) 3/
Maturity
range
(Years) 3/
---------------------------------------------------------r
I-Wholly owned Government enterprises
United States dollar loans - Continued
Independent agencies-Continued:
District of Columbia:
Loans for capital outlay: 45^.— -*-........ ........ .
Advances to Stadium sinking fund, Armory
Board ..............................................
Repayable advances.................................
Total District of Columbia.........................
Export-Import Bank of the United States:
Equipment and service loans........................
Commodity loans....................... .............
Emergency loans....................................
Discount loans............................... ......
Export-Import medium term guarantees..............
Certificates of loan participation................
Insurance issued through the Foreign Credit
Insurance Association:
Medium term insurance............................
Short term insurance.............................
Total Export-Import Bank of the United States.....
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation:
Loans to insured institutions....................
Loans acquired from insured institutions........
Revolving fund.....................................
Interstate Commerce Commission:
Railroad loans.....................................
National Credit Union Administration:
Share insurance fund...............................
Small Business Administration:
Business loan and investment fund:
Financial assistance program:
Business loans.................................
Economic opportunity loans.....................
Handicapped loans..............................
Local development company loans...............
State development company loans...............
Small business energy loans....................
Investment company assistance protram:
Loans and debentures purchased........... .
7-3/4— 10-1/4
1,433,753
11,512,995
21,544
52,921
271,600
18,285,933
51,734
52,921
760,668
11,859,060
2,781,181
23,198
4,816,300
33,794 48
310,485
1,803,280
1,013,747
3,563,593
21,049
43,612
4,000,000
92,262
92,262
24,260
24,260
5,561
5,561
15,185
15,185
1,230,884
247,219
52,827
250,621
11,545
3,241
2,000,136
5,852,422
89,276
2,977
165,439
203,799
586,272
2,000,136
Disaster loan fund:
Financial assistance program:
Disaster loans.................................
4,570,474
*6/
1/ 2%
2— 44
2— 3
12— 46
1/2— 5
1/4— 12
2— 8
3— 9-1/2
8— 9
3— 6
Various
£Z/
6— 8
1/2— 5
Up to 180.days
49/
50/
4,918,144
21,049
43,612
Total business loan and investment fund.........
5— 7
4-3/4— 8-1/2
7-7/8— 8-3/8
3/8%
1/4%
1/4%
6,696,972
586
1/4%
Demand— 11
1— 30
30
1— 25
4-1/2— 9-1/2
7-3/8 ST
51/
3
7-3/8
7-3/8— 8
7-3/8
10
15
15
25
ST
ST
ST
ST
20
51/
6,696,972
4,570,474 52/
7,320
6,570,610
6,704,292
Subtotal.............. ................................
Held by lending institutions not guaranteed or
insured by the Federal Government..........••••••••
79,804,482
236,104,117
Total budget Federal agencies.................. .......
79,804,482
46,267,866 53/
I
282,371,983 54/
Total Small Business Administration............ .
5— 40 ST
2-5/8— 9-1/4 44/
7,320 52/
7-3/8 ST
Off-budget Federal agencies 55/
Federal Financing Bank......................... .......
Rural Electrification Administration:
Rural electrification and telephone revolving
fund:
Electric systems............ ................ ..
6,044— 10.019
47,100,400 56/47,100,400
7,213,044
13,752,492
7,330,034
16,753,824
Telephone systems...... ...........................
Rural Telephone Bank: 58/
Telephone systems•••••............................
2,104,147
3,549,868
204,607
411,765
739,310
739,310
Total Rural Electrification Administration........ .
10,056,501
United States Railway Association:
Direct loans....... .......................... ......
445,091
445,091
Total off-budget Federal agencies....••••..........
57,601,992
7,534,641
Total Part I...................... ..................
137,406,474
289,906,624
Footnotes at end of section.
2— 5 57/
I
2— 5 57/
59/
7,534,641
Up to 30 years
35 ST
35 ST
35— 50 ST
145
December 1979
____FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS_______
Section II-Federal Credit Programs
Table GA-II-2. - Direct and Guaranteed Loans Outstanding September 30, 1979—Continued
(In thousands of dollars)
Direct loans or credit
Agency and program
Amount
outstanding
Maximum
authority 1J
248,274
43,948
1,018,425
248,274
43,948
1,018,427
479,550
479,550
Guarantees and insurance
Amount
outstanding
Maximum
Government
authority 2/ fee or premium
Interest
range
"(Percent) 3/
Maturity
range
(Years) 3/
II-Wholly owned Government enterprises
Loans repayable in foreign currencies
Funds appropriated to the President:
International development assistance:
Bilateral assistance:
Agency for International Development:
Development loan fund liquidation account.....
Private enterprises 60/.....................
Common defense, and triangular trade loans.....
Productive credit guaranty loans........... .
All other loans................................
Total funds appropriated to the President.......
1,790,197
Treasury Department:
Lend-Lease and surplus property......................
12,673
12,673
International Communications Agency.................
1,324
1,858
Total Part II..........................................
1,804,194
III-Privately owned Government-sponsored enterprises
Farm Credit System:
Banks for cooperatives:
Cooperative associations...........................
Federal intermediate credit banks:
Production credit associations.....................
Federal land banks:
Mortgage loans.....................................
Total Farm Credit System.............................
1— 5-3/4
_
3,039
12,000
A --1
9
*+■
* LL
1/47.
4— 41
1— 12
&O™- -“H-Z
A9
At request of
rhe U.S.
10
3,039
7,542,543
7,542,543
10— 12.25
1--20
17,802,424
17,802,424
9.40— 10.59
1--7
29,808,092
29,808,092
5
40
55,153,059
i//Zo—__n7- i1// oi
/-1
Up to 10
7-1/8— 11-3/4
27
42,284,687
LI
Student Loan Marketing Association.....................
9-- 1
1// Z9-- -- 0
A -. 1
1/9
4
/z
5— 40
1" 1///O-.co.1/o
" • j o “i / Z
3,039
Federal Home Loan Bank Board:
Federal home loan banks:
Advances to member banks........................... J
38
596 049 \fMJf
61> 38,596,049 62/
O jJ/OjVH/
Federal Home Loan Mortgage Corporation:
Mortgage loans.....................................
3,688,638 63J 3,688,638
Total Federal Home Loan Bank Board................
3/4— 7-1/4
13
779 75ft
L
ft
HI9y 77
/ /£? f 75
/ JO
612,116
612,116
Total Part III......................................... \1,45,822,620
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
..
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
u1
-.
Source:
Bureau of Government Financial Operations. Based on quarterly
reports received from agencies pursuant to Treasury Circular No. 966,
Revised.
1/ If the maximum authority is indefinite an amount equal to the loans
outstanding is shown in this column. Certain amounts have been noted
to indicate factors affecting the indefinite amounts. Authority for
credit sales of realty and loans in liquidation is stated in amounts
equal to the amounts outstanding.
2/ If the maximum is indefinite an anount equal to the guarantees and
insurance outstanding is shown in this column. Certain amounts have
been noted to indicate factors affecting the indefinite authority.
3/ Figures shown in this column are applicable to both direct loans or
credit outstanding, and guarantees and insurance outstanding if
amounts are shown under both headings; otherwise they are applicable
to the amounts under the heading shown.
4/ Administrative-rates are from 37„ to 97. on direct loans; various
rates on guaranteed loans. No statutory provisions.
5J Represents loans made in foreign currency, repayable in U.S. dollars.
6/ Statutory limit for public debt borrowings is $20,000,000 thousand,
of which $13,926,516 thousand was in use as of September 30, 1979.
7/ Loans made and not disposed os shall not exceed $500,000 thousand at
any time. There is no limit on loans acquired.
8/ Administrative- differences, if any, between interest rate to bor
rower and interest rate to lender: statutory- borrower shall pay
such fees and other charges as the Secretary may require.
9/ Statutory- determined by the Secretary of the Treasury taking into
consideration the current average market yield on U.S. marketable
obligations outstanding with remaining periods of maturity comparable
to average maturities of the loans.
10/ Administrative - not to exceed 7 years; however, last installment
may be refinanced for 7 years; statutory - may not exceed 7 years,
but may be renewed for not more than 7 years.
11/ There is no limit on emergency loans that may be made.
"
627,136
627,136
4-1/2— 10
20— 40
7.70— 8.625
Up to 15
627,136
12/ Rate negotiated between lender and borrower. The rate shall be
legal and reasonable.
13/ Administrative
may not exceed shortest of following: (1) local
statutory limitations, (2) 50 years from date principal benefits
from works of improvement become available, or (3) useful life of
improvement. Statutory not to exceed 50 years from date principal
of works of improvement become available.
14/ Administrative
direct loans for natural disaster: interest is
determined monthly. Rate of 97*
on loans not to exceed $1,000 to
low and moderate income families pursuant to Section 505 of the
Housing act of 1949, as amended. Rate for Section 504 loans is 17..
Guaranteed: loans to low or moderate income borrowers,
9% above
moderate income borrowers,107* plus .57. insurance charge.
15/ Statutory-direct and guaranteed loans to low and moderate income
borrowers: determined annually by the Secretary of the Treasury,
considering current average market yield,on U.S. marketable oblig
ations outstanding of comparable maturities, adjusted to nearest 1/8
of 17., less not to exceed differences between adjusted rate and
17. per annum. Guaranteed loans to above moderate income borrower;
as determined by the Secretary at rates comparable to combined rates
of interest and premium charges in effect under Title 12, Section
1709.
16/ Maximum authorization for direct rural housing loans is $30,000
thousand.
17/ Administrative 97.
Statutory - rate determined annually
by the Secretary of the Treasury, considering current average
market yield on outstanding U.S. marketable obligations for
comparable maturities adjust to nearest 1/8 of 17., less not
to exceed difference between adjusted rate determined by the
Secretary and 17. per annum.
18/ Administrative - direct, not to exceed 50 years: guaranteed, not to
exceed 40 years except for loans to provide housing for Senior
citizens only will not exceed 50 years. Statutory - as determined
by the Secretary.
146
Treasury Bulletin
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
-
Footnotes to Table GA-II-2.—Continued
19/
20/
21/
22/
23/
24/
25/
26/
27/
28/
29/
30/
31/
32/
33/
34/
35/
36/
37/
38/
39/
^q /
41/
42/
43/
44/
45/
46/
47/
48/
49/
50/
Administrative:
9.7»
St a t u t o r y r a t e is d e termined annually b y the
Secretary of the Treasury, co n s i d e r i n g c u r rent a verage m a r k e t yield
on o u t s t anding U. S. m a r k e t a b l e o b ligations for c o mparable maturities
adjusted to n e a r e s t 1/8 of . 1 %
Det e r m i n e d b y the Secre t a r y of Commerce.
M a x i m u m a u t h o r i z a t i o n for d i rect and g u a r a n t e e d loans is $1,750,000
thousand w h i c h has b e e n p r o r a t e d b e t w e e n d i rect loans and guaranteed
loans.
Rep r e s e n t s p r e m i u m on insured loans; there is n o p r e m i u m on guaranteed
loans.
Ad v a n c e s shall b e repa i d w i t h i n such p e r i o d d e termined by the
C o m m i ssioner d epending on the m a t u r i t y and solvency of the reserve fund.
A f t e r J u n e 30, 1980, and n o t later than Dec e m b e r 31, 1980, there
shall be a capital d i s t r i b u t i o n of the student loan fund and n ot
less than qu a r t e r l y thereafter.
Lo a n allocations are m a d e w h e n n e e d e d as d e t ermined by surveys of
institutions.
Loans to students are r e p a i d d i r ectly to the U.S. G o vernment during
a 10-year per i o d be g i n n i n g n i n e mon t h s after student leaves school.
As of M a r c h 31',* 1979, the latest avaible.
R e p r e s e n t s estim a t e d insurance on loans o u t standing and loan reports
in process of $3,596,757 thousand.
Includes i n t e r agency h o l dings b y the co m m u n i t y disposal operations
fund and the G o v e r n m e n t N a t i o n a l M o r t g a g e Association, and loans
h e l d b y the F e d eral H o m e L o a n M o r t g a g e Co r p o r a t i o n and the Federal
Na t i o n a l M o r t g a g e A s s o c i a t i o n (see footnote 63 in Part III of this
table).
R e p r e s e n t s m a x i m u m au t h o r i t y to b o r r o w f rom the Seceratary of the
Treasury, and funds p r o v i d e d b y sales of pa r t i c i p a tion certificates.
Includes loans of $1,492 t housand insured b y the F ederal Housing
Administration.
Includes loans insured b y the Federal Ho u s i n g A d m i n i s t r a t i o n and
loans g u a r a n t e e d b y the Vet e r a n s Administration.
De t e r m i n e d b y the Federal H o u s i n g A d m i n i s t r a t i o n and the Veterans
Administration.
Ca l c u l a t e d m o n t h l y in re f e r e n c e to average yi e l d of 6-12 year
T r e a s u r y borrowings*
Statutory* A p p l i c a t i o n fee, $10 thousand. Com m i t m ent fee, 0.57„ of
principal up to $30,000 thousand and 0.17o over $30,000 thousand.
Gu a r a n t e e charge, 3% of p r i ncipal amo u n t guaranteed. Annual charge,
0.57„ of outs t a n d i n g a m ount g u a r a n t e e d for first seven years, 1% of
outstanding a mount g u a r a n t e e d after first s e ven years.
Loans m a y be paid off at a ny time by ap p l i c a t i o n of proceeds from
sales of land or capital g rants or b y refinancing.
As p r o vided b y an act app r o v e d A u g u s t 6, 1956 (70 Stat. 1046), loan
allocations to irri g a t i o n land hol d i n g s n o t in excess of 160 acres
are interest free. A l l o c a t i o n to n o n i r r i g a t i o n uses and irrigation
land ho l d i n g in excess of 160 acres bear interest based on the av e r
age rate on ce r t a i n ous t a n d i n g U.S. m a r k e t a b l e obligations.
Th e guar a n t e e d loan rates are 7.8 - 10.2157o, and F ederal funds rate plus
3/87o. D i r e c t loan rat e is 5-l/27o.
D e f a u l t of g u a r a n t e e d loans
Paym e n t depends on liqu i d a t i o n of C entral R a i l r o a d of N e w Jersey.
These figures are stated o n a n es t i m a t e d basis.
Includes i n t eragency h o l d i n g s b y the G o v e r n m e n t N a tional Mort g a g e
Association, and loans h e l d b y the F ederal H o m e L o a n M o r tgage
Cor p o r a t i o n and the F ederal N a t i o n a l M o r t g a g e A s s o c i a t i o n (see
footnote 63 in P ^rt III of this table.).
Administrative: m i n i m u n p e r i o d cons i s t e n t w i t h applicant's ability
to repay, n o t to exceed m a x i m u m m a t u r i t y set b y statute of 15 years
for loans to i ndividuals and 30 years for loans to associations.
S t a tutory rat e of i nterest shall be fixed b y the S ecretary of the
T r e a s u r y at the be g i n n i n g of the 6 -month period in w h i c h the loans
are made.
Re p r e s e n t s b a l ances f r o m the Water, Highway, G e n e r al^Sanitary
Sewage and M e t r o A r e a S a n i t a r y Sewage W o r k s funds pursuant to
Public L a w 94-333 dated Jun e 30, 1976.
Shipm e n t c overage rates as of S eptember 30, 1979 w e r e $0,13 to $5.88
on each $100 of financed po r t i o n (contract p rice minus cash payment).
Gu a r a n t e e d interest rate wil l be 17o above the D e p a rtment of the
T r e a s u r y bo r r o w i n g rate for c o m parable maturi t i e s and will be fixed
at time of authorization.
Includes guar a n t e e d interest of $928
thousand.
Shipment coverage rates as of S ept e m b e r 30, 1979, w e r e $0.53 to $6.62
on each $100 of financed po r t i o n (contract p rice minus cash p a y m e n t ) .
S hipment coverage rates as of S e p tember 30, 1979 w e r e $0.12 to $2.14
on each $100 of gross invoice value.
51/
5 2/
53/
Statutory formulas set m i n i m u n rates based on yields of U.S. G o v e r n
m e n t obligations of comparable maturity. Accordingly, rates charged
m a y exceed m i n i m u n and m a y var y fr o m m o n t h to month. For June
30, 1979, 9-3/87o for E OL and 9 . 5457c for SBIC debenture purchases.
N o limitation has bee n placed on amount of direct or guaranteed
loans that m a y be outstanding at any one time.
T h i s figure represents- the amount of p a r t i c ipation by private enti
ties in-partially guaranteed U.S. credit programs. This private
p articipation in the guaranteed loan programs of the various agen
cies is as follows:
Agency
Am o u n t
(In thousands
Funds appropriated to the President:
or ..do liars)
Overseas Private Investment C o r p o r a t i o n . ................
30,710
A g r i culture Department:
Agricultural credit insurance fund:
F a r m owenership loans:
205
F a r m e n t e r p r i s e ............ ............................
N o n - f a r m e n t e r p r i s e ....................................
Guaranteed emergency l o a n s . . ............................
10*$93
Guaranteed o p eration l o a n s ..............................
1*511
Guaranteed L i v e s t o c k l o a n s ..............................
31,571
Rural development insurance fund:
166,705
Guranteed business and industrial l o a n s ..............
Comftierce Department:
Ecoraomic D evelopment Administration:
Econmic development revolving f u n d s ...................
32*153
Hous i n g and Ur b a n D e velopment Department:
F ederal H ousing A d m i n i s t r a t i o n ............................ 2,919,398
T r a nsportation Department:
Federal A v i a t i o n Administration:
Aircr a f t loan g u a r a n t e e s ................................
19,005
Veterans Administration:
L o a n guaranty revolving f u n d .............................. 42,130,631
Ottier independent agencies:
Small Business Administration:
Business Loa n and investment f u n d ......................
Disaster loan f u n d ........................................
923,681
1,003
T o t a l ........................................................... . 46 >267,866
54/
55 /
56/
57 /
58 /
59 /
60 /
61 /
62 ./
A**/
ST
Excludes $70,558,400 thousand repre senting securities issued by the
Federal National Mort g a g e A s s o c i a t i o n and other institutions that
are guaranteed by the G o v e rnment National Mort g a g e Association,*
guarantees of m o r t g a ge-backed securities fund. These securities are
backed b y the Federal H ousing Admini s t r a t i o n insured or veterans
A dmini s t r a t i o n guaranteed m o r tgage held b y the institutions.
M o s t outlays of the Ru r a l E l e c trification and Telephone revolving
fund and the Rural Telephone Ban k has be e n classified off-budget
since M a y 12, 1973, by an act approved M a y 11, 1973 (87 Stat. 65-71).
The Federal Financing B a n k w as established as an off-budget Federal
agency b y an act approved December 29, 1973 (87 Stat. 941).
Loans mad e by Federal Financing Ban k are included in the guaranteed
programs of the appropriate agencies.
Interest is 27« on loans m a d e prior to M a y 11, 1973. Loans made
after that date bear interest at 27o or 57o depending on certain
conditions stated in section 305 (b) of an act approved M a y 11,{ 1973
(87 Stat. 69). G u a ranteed loans: rate agreed up o n by the borrower
and the lender.
This Ba n k is a m ixed-ownership corporation.
Interest rate is average rate of cost of moneys to the telephone
ban k as determined by the Governor.
Represents the Cooley loan p r o gram established by an act approved
Au g u s t 13, 1957 (7 U.S. 1704 (e)).
Does n o t include advances of $2,698,600 thousand to the Federal
H ome Lo a n Mortgage Corporation.
A t no time shall the aggregate outstanding advances m a d e by any
F ederal ho m e loan ba n k to any membe r exceed 12 times the amounts
paid by such me m b e r for outstanding capital stock held b y it (12
U.S.C. 1430 (c)).
Consists of m ortgages insured b y the Federal H ousing Administration
and guaranteed b y the Veterans A d m i n i s t r a t i o n of $1,£88,600 thousand;
l ess*unamortized discount of '$34,014 < thousand; participation in
conventional loans $2,272,420 thousand; conventional who l e loans of
$270,632 thousand; less loan loss reserve of $9,000 thousand.
Statutory.
December 1979
147
(CUMULATIVE TABLE OF CONTENTS,
January 1979 through December 1979
Issues and page numbers
1979
Sections
Articles
Federal fiscal operations:
Summary of fiscal operations...................
Budget receipts by source......................
Aug.
Sept.
Oct.
Nov.
Dec.
VI
VI
VI
VI
VI
VI
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3
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May
June
July
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Feb.
Mar.
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Jan.
Page
Apr.
'
,
Investment transactions of Government accounts
Trust fund transactions........................
Selected accrual data reported by Federal
agencies.....................................
Detail of excise tax receipts.................
Summary of internal revenue collections by
Account of the U.S. Treasury:
Status of the Account of the U.S. Treasury....
Elements of changes in Federal Reserve and tax
and loan account balances..... .'.............
Gold assets and liabilities of the Treasury....
Monetary statistics:
Currency and Coin in Circulation..............
12
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13
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12
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30
30
31
28
28
29
:
'
:
22
22
23
30
30
31
29
32
30
24
32
13
14
13
17
18
21
19
18
19
19
20
22
23
20
21
20
21
24
22
21
22
25
21
22
23
22
23
24
25
26
27
24
25
25
26
22
26
27
28
>
14
15
18
19
19
20
20
21
20
21
22
21
21
22
23
21
22
23
21
22
23
22
23
24
23
24
25
27
28
24
25
24
25
25
26
26
27
26
26
27
29
29
30
26
26
27
26
26
27
27
27
28
28
28
29
28
31
28
28
29
30
31
32
32
33
13
Federal debt:
Computed interest charge and computed interest
rate on interest-bearing public debt........
Interest-bearing securities issued by
Maturity distribution and average length of
Status and application of statutory limitation.
Treasury holdings of securities issued by
Government corporations and other agencies...
Description of securities of Government corpo
rations and other business-type activities
30
Public debt operations:
Maturity schedule of interest-bearing public
marketable securities other than regular
weekly and 52-week Treasury bills outstanding.
New money financing through regular weekly
Offerings of public marketable securities other
than regular weekly Treasury bills.........
Unmatured marketable securities issued at a
premium or discount other than advance reAllotments by investor classes on subscription
Disposition of public marketable securities
other than regular weekly Treasury bills....
Foreign series securities (nonmarketable)
issued to official institutions of foreign
Foreign currency series securities (nonmarke
table) issued to official institutions of
foreign countries..........................
Foreign currency series securities issued to
residents in foreign countries................
United States savings bonds:
Sales and redemptions by series, cumulative....
Sales and redemptions by periods, all series
Sales and redemptions by periods, Series E
Redemption of matured and unmatured savings
Sales and redemptions by denominations, Series
30
32
'
30
34
35
31
32
34
35
36
37
26
27
34
35
34
35
33
34
30
31
34
35
38
35
38
40
30
38
38
37
34
38
34
35
36
40
37
40
42
32
40
40
39
36
40
35
43
40
44
46
37
45
45
44
41
45
40
41
48
45
49
51
41
50
50
49
46
50
45
46
51
48
52
54
44
53
53
52
49
53
47
48
54
51
55
57
47
56
56
55
52
56
50
51
66
68
63
68
71
61
71
71
70
67
71
62
63
65
70
73
63
73
73
72
69
73
63
64
66
71
74
64
74
74
73
70
74
64
65
65
74
74
73
70
74
64
65
75
75
74
71
75
65
66
67
77
77
76
73
77
67
68
68
69
...
...
...
...
...
...
68
66
71
74
64
69
67
72
75
70
69
74
77
69
...
77
United States savings notes:
72
70
75
78
70
78
78
78
74
78
68
69
73
74
71
72
76
77
79
80
71
72
79
80
79
80
79
80
75
76
79
80
69
70
70
71
73
81
81
81
77
81
71
...
...
85
...
Ownership of Federal securities:
Distribution by classes of investors and types
75
Treasury survey - commercial bank ownership.....
...
...
73
78
81
77
...
...
72
...
Treasury Bulletin
148
____ CUMULATIVE TABLE OF CONTENTS-------January 1979 through December 1979—Continued
Issues and page numbers
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
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83
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85
88
77
80
85
88
85
88
89
92
81
84
85
88
75
78
76
79
83
85
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89
81
89
89
93
85
89
79
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84
86
88
90
82
90
90
94
86
90
80
81
85
86
...
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91
92
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91
92
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91
92
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' 95
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87
87
89
93
83
91
93
96
87
93
81
82
88
88
90
94
84
92
94
97
88
94
82
83
89
89
91
95
85
93
95
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89
95
83
84
90
91
90
91
92
93
96
97
86
87
94
95
96
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100
90
91
96
97
84
85
85
86
92
92
94
98
88
96
98
101
92
98
86
87
95
95
97
101
91
99
101
104
95
101
89
90
109
100
106
94
95
Market quotations on Treasury securities:
Average yields of long-term bonds:
Average yields of long-term Treasury, corporate,
Chart - Average yields of long-term Treasury,
Exchange Stabilization Fund:
National bank reports:
Operating Income and Expense, and dividends of
International financial statistics:
U.S. liquid and other liabilities to foreign
official institutions, and liquid liabilities
U.S. liquid and other liabilities to official
Nonmarketable U.S. Treasury bonds and notes
issued to official institutions of foreign
U.S. position in the International Monetary Fund.
Weighted average of exchange rate changes for
...
...
'
Capital movements:
Liabilities to foreigners reported by banks in
Claims on foreigners reported by banks in the
Supplementary liabilities and claims data re
ported by banks in the United States............
Liabilities to foreigners reported by nonbanking
Claims on foreigners reported by nonbanking
Transactions in long-term securities by for
eigners reported by banks and brokers in the
Foreign Currency Positions:
Summary.......................... .............. .
German Mark Positions................. ...........
United States Dollar
Positions Abroad.................................
Foreign currencies acquired by the U.S. Govern
ment without payment of dollar:
Foreign currency transactions, summary and
Foreign currency transactions, U.S. uses and
100
100
102
106
96
104
106
107
107
109
113
103
111
113
115
106
112
100
101
115
117
108
114
102
103
108
108
110
115
105
113
112
112
114
119
109
116
118
120
111
117
105
106
118
118
120
125
115
119
121
123
114
120
108
109
128
129
131
133
135
137
138
140
142
128
129
131
133
135
137
138
140
142
130
131
133
, 135
137
139
140
142
144
135
136
138
140
142
144
145
147
149
125
126
128
130
132
134
135
137
139
129
130
132
134
136
138
139
141
143
131
132
134
136
138
140
141
143
145
133
134
135
137
139
141
142
144
146
124
130
118
125
127
129
131
132
134
136
131
133
135
137
138
140
142
119
121
123
125
126
128
130
109
•. .
120
122
124
126
127
129
131
144
144
146
151
141
145
147
148
138
144
132
133
...
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. •.
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152
...
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138
• ••
• ••
...
•••
154
...
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155
152
...
...
• ..
...
191
187
...
141
142
147
...
...
Financial operation of Government agencies and funds:
Government corporations and other business-type
activities:
150
Federal credit programs:
Trust funds:
Civil Service Retirement and Disability Fund....
Federal Old-Age and Survivors Insurance Trust
Fund................................ ............
Federal Supplementary Medical Insurance
Trust Funds.................. .................,..
147
•••
147
...
230
•••
189
187
144
148
149
•• •
148
• ••
•••
145
•••
•••
•••
•••
•••
•••
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•••
•••
•••
•••
•••
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•• •
146
147
149
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,,,
...
•••
•••
•••
••*
•••
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149
150
152
153
154
155
157
158
137
151
...
150
151
152
154
155
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188
189
190
192
193
194
195
197
198
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•..
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135
139
140
136
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137
138
140
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•..
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•..
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143
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146
i
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