Full text of Treasury Bulletin : December 1983
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DEPARTMENT OF THE TREASURY
FISCAL SERVICE, BUREAU OF
GOV£RNMENT FINANCIAL OPERATIONS
POSTAGE AND FEES PAID
DEPARTMENT OF THE TREASURY
TREAS 5B3
-
OFFICE OF THE COMMISSIONER
WASHINGTON,
D.C. 20226
OFFICIAL BUSINESS
PENALTV FOR PRIVATE USE, »300
FIRST CLASS
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Fall
Issue
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1983
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TREASURY
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Office of the Secretary
Department of the Treasury
Washington, D.C.
Compiled by
Bureau of Government
Financial Operations
TREASURY
[^(U][L[L[iirQK]
Compiled by
Bureau of Government
Office of the Secretary
Department
Washiington,
of thie
Treasury
Financial Operations
DC.
The Treasury Bulletin is
U.S. Government
for sale
by the Superintendent of Documents,
Washington, DC. 20402
Printing Office.
©©[JQiicimGg
FINANCIAL OPERATIONS
Page
FEDERAL FISCAL OPERATIONS
FFO-1.
-
FFO-2.
-
Budget receipts by source
Budget receipts by source
-
Budget outlays by agency
Chart
-
FFO-3.
Summary of fiscal operations
3
4
6
7
FEDERAL OBLIGATIONS
FO-1.
-
FO-2.
-
Gross obligations incurred within and outside the Federal Government by object class
Gross obi gat ions incurred outside the Federal Government by department or agency
1
9
10
ACCOUNT OF THE U.S. TREASURY
UST-1.
Elements of changes in Federal
-
Reserve and tax and loan note account balances
12
FEDERAL DEBT
FD-1.
-
Summa ry of Federal
FD-2.
-
13
FD-3.
-
Interest-bearing public debt
Government account series
FD-4.
-
Interest-bearing securities issued by Government agencies
Maturity distribution and average length of marketable interest-bearing public debt held by private investors
Debt subject to statutory limitation
Treasury holdings of securities issued by Government corporations and other agencies
15
FD-5.
-
FD-6.
-
FD'7.
-
debt
13
14
16
16
17
PUBLIC DEBT OPERATIONS
Article
Treasury financing operations
-
18
PDO-1.
-
Maturity schedule of interest-bearing marketable public debt securities other than regular weekly and 52-week
Treasury bills outstanding
20
POO-
-
Offerings of bills
21
2.
PDO-3.
-
Public offer ings of marketable securities other than regular weekly Treasury bills
23
POO-4
-
All otments
25
.
by
investor classes on subscriptions for public marketable securities
U.S. SAVINGS BONDS AND NOTES
SBN-1.
-
Sales and redemptions by series, cumulative
27
SBN-2.
-
Sales and redemptions by period, all
27
SBN-3.
-
Sales and redemptions by period,
series of savings bonds and notes combined
series E, EE, H, and HH
28
OWNERSHIP OF FEDERAL SECURITIES
OFS-1.
-
OFS-2.
-
Distribution of Federal securities by class of investors and type of issues
Estimated ownership of public debt securities by private investors
29
29
MARKET BID YIELDS ON TREASURY SECURITIES
MBY-1.
Chart
Treasury market bid yields at constant maturities, bills, notes, and bonds
-
Yields of Treasury securities
-
30
31
AVERAGE YIELDS OF LONG-TERM BONDS
AY-1.
-
Chart
-
Average yields of long-term Treasury, corporate, and municipal bonds by period
Average yields of long-term Treasury, corporate, and municipal bonds
32
33
INTERNATIONAL STATISTICS
INTERNATIONAL FINANCIAL STATISTICS
reserve assets
IFS-1.
-
U.S.
IFS-2.
-
Selected U.S.
liabilities to foreigners
IFS-3.
-
Nonmarketabl
U.S. Treasury bonds and notes issued to official
IFS-4.
-
Weighted average of exchange rate changes for the dollar
e
37
38
institutions and other residents of foreign countries.
38
39
CAPITAL MOVEMENTS
LIABILITIES TO FOREIGNERS REPORTED BY BANKS
IN
THE UNITED STATES
CM-I-1.
-
Total
liabilities by type of holder
41
CM-I-2.
-
Total
liabilities by type, pay able in dollars
42
CM-I-3.
-
Total
liabilities by country
43
CM-I-4.
-
liabilities by type and country
CLAIMS ON FOREIGNERS REPORTED BY BANKS IN THE UNITED STATES
CM-II-1, - Total claims by type
45
CM-n-2,
-
Total
claims by country
46
CM-II-3.
-
Total
claims on foreigners by type and country reported by banks in the United States
47
Total
44
III
IV
©®[raS©[A]G§
SUPPLEMENTARY LIABILITIES AND CLAIMS DATA REPORTED BY BANKS
CM-III-1.
IN
THE UNITED STATES
Dollar claims on nonbank foreigners
-
48
Dollar liabilities to, and dollar claims on, foreigners in countries and areas not regularly reported separately..
LIABILITIES TO, AND CLAIMS ON, FOREIGNERS REPORTED BY NONBANKING BUSINESS ENTERPRISES IN THE UNITED STATES
49
CM-IV-I.
-
Total
50
CM-IV-2.
-
CM-IV-3.
-
liabilities by country
Total liabilities by type and country
CM-IV-4.
-
Total
claims by country
53
CM-IV-5.
-
Total
claims by type and country
54
CM-III-2.
-
liabilities and claims by type
Total
TRANSACTIONS
51
52
LONG-TERM SECURITIES BY FOREIGNERS REPORTED BY BANKS AND BROKERS IN THE UNITED STATES
IN
55
-
Foreign purchases and sales of long-term domestic securities by type
Foreign purchases and sales of long-term foreign securities by type
CM-V-3.
-
Net foreign transactions
56
CM-V-4.
-
CM-V-5.
-
CM-V-1.
-
CM-V-2.
55
long-term domestic securities by type and country
Foreign purchases and sales of long-term securities, by type and country, latest date
Foreign purchases and sales of long-term securities, by type and country, latest year
in
57
58
FOREIGN CURRENCY POSITIONS
SUMMARY POSITIONS
FCP-I-1.
-
Nonbanking firms' positions
60
FCP-I-2.
-
Ueekly bank positions
60
CANADIAN DOLLAR POSITIONS
FCP-II-l.
-
Nonbanking firms' positions
61
FCP-II-2.
-
Weekly bank positions
61
GERMAN MARK POSITIONS
FCP-III-1.
-
Nonbanking firms'
FCP-III-2.
-
Meekly bank positions
positions
62
62
JAPANESE YEN POSITIONS
FCP-IV-1.
-
Nonbanking firms'
FCP-IV-2.
-
Meekly bank positions
positions
63
63
SWISS FRANC POSITIONS
FCP-V-1.
-
Nonbanking firms' positions
64
FCP-V-2.
-
Ueekly bank positions
64
STERLING POSITIONS
FCP-VI-1.
-
Nonbanking firms'
FCP-VI-2.
-
Weekly bank positions
positions
65
65
U.S. DOLLAR POSITIONS ABROAD
FCP-VII-1.
-
Nonbanking firms'
FCP-VII-2.
-
Weekly bank foreign office positions
foreign subsidiaries'
positions
66
66
EXCHANGE STABILIZATION FUND
ESF-1.
-
ESF-2.
-
CASH
Balance sheet
Income and expense
68
68
MANAGEMENT/DEBT COLLECTION
Article
-
RefoT"m
'88 cash management
71
REPORTS
SPECIAL
TRUST FUNDS
Civil
service retirement and disability fund
Federal
76
disability insurance trust fund
77
Federal
hospital
Federal
old-age and survivors insurance trust fund
insurance trust fund
Federal supplementa ry medical
National
78
79
insurance trust fund
80
service life insurance fund
80
Railroad retirement account
81
Unemployment trust fund
82
Investments of specified trust accounts in public debt securities and agency securities by issues
83
U.S. CURRENCY AMD COIN OUTSTANDING AND IN CIRCULATION
Not e.
-
-De tai
1
s
of
86
figures may not add to totals because of rounding.
Abbreviations and symbol:
r
represents Revised,
p
Preliminary, n.a. Not available.
t
Includes funds transferred from others.
FEDERAL FISCAL OPERATIONS
Table FFO-1.
[In millions of dollars.
- Summary
of Fiscal
Operations
Source: Monthly Treasury Statement of Receipts and Outlays of the United States Government]
FEDERAL FISCAL OPERATIONS
Table FFO-2,
[In
minions of dollars.
- Budget
Receipts by Source
Source: Monthly Treasury Statement of Receipts and Outlays of the United States Government]
Social insurance
taxes and contributions
Income taxes
Fiscal y^ir
or month
1979
1980
Corporation
Net
budget
receipts
195,331
223,763
256,007
267.513
266,010
56,215
63,785
77,209
85,096
83,621
1981
1982
1983
465,955
520,056
599,272
617,766
600,563
1984 lEst.)
668,404
n.a.
59,694
40.539
42,007
54,498
57,505
38.816
43,504
66,234
33,755
66,517
43,948
49,683
63,556
21,814
19,541
22,079
23,843
20,953
22,288
24,808
21,636
22,205
23,641
21,437
22,519
21,060
11,429
1,791
1,153
1,906
13,217
1,974
3,613
31,969
1,137
11,134
2,163
1,969
11,596
600,563
266,010
83,621
1982-Sept
Oct
Nov
Oec
19e3^an
Feb
Mar
Apr
May
June
July
Aug
Sept
Fiscal 1983
Net
income
taxes
Refunds
33,705
43,479
47,299
54,498
60,692
217.841
244,069
285.917
298,111
288.938
71,448
72,380
73,733
65,991
61,780
5,771
7.780
12.596
16,784
24,758
65,677
64,600
61,137
49,207
37,022
Refunds
Net
283,518
308,669
347,054
347,318
325,960
118,521
136,960
161,030
178,106
183,390
636
507
515
338
429
117,884
136,453
160,515
177,768
182,961
14,814
14,027
12,457
14,875
15,807
11,468
17,129
18,776
15,635
17,750
13,430
15,639
16,398
183,390
n.a.
n.a.
n.a.
n.a.
651
8,118
1,816
10,477
1,972
2,832
2,310
1,238
1,230
2,388
2,612
3,650
2,205
1,724
1,706
1,433
1,430
6,146
3,717
12,764
18,564
16.958
2,003
1,662
1,228
1,695
32,592
20.832
22.452
24,946
34.151
20.544
15,658
35.040
6,384
32,773
21,938
23,259
30,961
-302
9,955
856
383
9,048
38,738
20,371
21,772
33,110
35,315
20,270
20.031
39,836
6,082
42,728
22,794
23,642
40,009
60,692
288,938
61,780
24,758
37,022
325,960
insurance taxes and contributions
— Continued
18
Social
2,371
1,630
9,402
2,394
2,115
6,985
8.445
1,903
11,680
2,562
-461
-680
8,164
1,164
-274
4,373
4,796
Old-age, disability, and
hospital insurance
Gross
n.a.
500
779
804
Employment taxes and contributions
-1
1
14,814
14,027
12,458
14,876
15,807
11,468
17,129
18.776
15,635
17,321
13,430
15,639
16,398
182,961
.
.
FEDERAL FISCAL OPERATIONS
Table FFO-2.
- Budget
Receipts by Source-Continued
[In mill ions of dollars]
Social Insurance
taxes and
contrlbutfons--
Excise taxes
Airport and airway trust fund
Con.
Fiscal year
or month
1979
1980
1981
1982
1983
Net
social
Insurance
taxes and
contributions
141.591
160.747
182.720
201.131
209,001
Apr.
.
.
May....
June. .
July...
Aug ....
Sept...
Fiscal
1983.
Highway trust fund
Gross
1,528
1,877
25
67
2,165
1984 (Est.).
1982-Sept...
Oct....
Nov
Dec
1983-Jan
Feb
Mar
Black lung disability
trust fund
15,608
15.157
14,902
15,776
17,071
13,797
17.939
21,481
22,330
17,903
15,316
20,089
17,240
208
166
264
223
209,001
2,165
67
175
143
193
176
192
175
184
65
Refunds
Miscellaneous
Gross
Refunds
FEDERAL FISCAL OPERATIONS
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FEDERAL FISCAL OPERATIONS
Table
[In millions of dollars.
F"iscal year
or month
Legislative
branch
The
judiciary
Executive
Office
of the
President
1379
1980
1981
1982
1983
1984 (Est.)
1982-Sept
Oct
Nov
Dec
1983-Jan
Feb
lar
Apr
May
June
July
Aug
Sept
Fiscal 1983
FFO-3 - Budget
1,091
480
1,218
1,209
1,362
1,435
564
637
705
780
80
95
Funds appropriated
to the
91
122
110
120
118
123
130
150
1,435
Agriculture Department
Conmerce
Department
President
96
95
94
2,631
7,507
7.010
6.073
5,417
20.636
24,555
26,030
36.213
46,372
10
677
774
5
10
7
699
745
-9
966
622
304
214
584
310
3,026
4.107
5.374
7.499
5,836
3,847
3.084
4,626
2.503
2,787
2,429
1,644
2.637
n.a.
109
103
120
145
104
Outlays by Agency
Source: Monthly Treasury Statement of Receipts and Outlays of the United States Government]
4.072
3.104
2.226
2.045
1.913
n.a.
46
50
91
53
54
77
57
77
72
62
79
56
51
11
6
7
9
7
7
197
46.372
217
147
124
170
130
141
198
198
123
143
124
218
197
1.913
Defense
FEDERAL FISCAL OPERATIONS
Table FFO-3.
-
Budget Outlays by Agency-Continued
[In millions of dollars]
Fiscal year
or month
National
Aeronautics
and
Space
Administration
Veterans
Administration
other
FEDERAL OBLIGATIONS
"Obligations" are the basis on which the use of funds is controlled
They are recorded at the point at which the
in the Federal Government.
Government makes a firm commitment to acquire goods or services and are
the first of the four key events order, delivery, payment, and conIn
sumption--which characterize the acquisition and use of resources.
general, they consist of orders placed, contracts awarded, services
received, and similar transactions requiring the disbursement of money.
—
The obligational stage of Government transactions is a strategic
point in gauging the impact of the Government's operations on the
national economy, since It frequently represents for business firms the
Government commitment which stimulates business investment, including
Disbursements may not
inventory purchases and employment of labor.
occur for months after the Government places its order, but the order
itself usually causes immediate pressure on the private econotry.
Obligations are classified according to
Table FO-1.
-
a
uniform set of categories
based upon the nature of the transaction without regard to its ultimate
All payments for salaries and wages, for example, are reported
purpose.
as personnel compensation, whether the personal services are used in
current operations or in the construction of capital items.
Federal agencies often do business with one another; in doing so,
the "buyi ng" agency records obi i gat ions , and the "performing" agency
In table FO-1. obligations incurred within the
records reimbursements.
the
outside
those
incurred
from
distinguished
Government
are
Government. Table FO-2 shows only those incurred outside.
Obligation data for the administrative budget fund accounts were
first published in the September 1967 Treasury Bulletin, and the trust
1967 Bulletin.
fund accounts were first published in the October
Beginning with the April 1968 Bulletin, the data are on the basis of the
the
recommendations
of
the
pursuant
to
adopted
concepts
budget
President's Commission on Budget Concepts.
Gross Obligations Incurred Within and Outside the Federal Government by Object Class, as of June 30, 1983
[In millions of dollars. Source:
Standard Form 225, Report. on Obligations, from agencies]
Gross obligations incurred
Object class
Personal services and benefits
Personnel conpensation
Personnel benefits
Benefits for former personnel
:
68,463
68,463
1,413
16,852
6,122
Contractual services and supplies
Travel and transportation of persons
Transportation of things
Rent, communications, and utilities
Printing and reproduction
Other services
Supplies and materials
2,639
3,214
5,251
613
66,138
40,343
635
2,140
3,845
397
22,170
23,875
Acquisition of capital assets
Equipment
Lands and structures
Investments and loans
54,112
7,048
27,169
4,696
2,014
102,085
231,304
88,716
483
15.756
10,604
20,716
:
:
Grants and fixed charges
Grants, subsidies, and contributions
Insurance claims and indemnities
Interest and dividends
Refunds
42
:
Other
Unvouchered
Undistributed U.S. obligations
:
Gross obligations incurred
l_/
"618
354
715,579
2
6,728
10
FEDERAL OBLIGATIONS
Table FO-2.
-
Gross Obligations Incurred Outside the Federal Government by Department or Agency, as of June 30, 1983
Source:
[In millions of dollars.
Standard Form 225. Report on Obligations, from agencies]
Contractual services and supplies
Personal services and benefits
Personnel
compensation
Classification
Legislative branch \J
The judiciary
Executive Office of the President
Funds appropriated to the President:
International security assistance
International development assistance....
Other
Agriculture Department:
Commodity Credit Corporation
Other
Commerce Department
374
Defense Department:
Mi litary:
Department of the Army
Department of the Navy
Department of the Air Force
Defense agencies
Total mi
1
,
itary
Civil
Education Department
Energy Department
Health and Human Services Department
Housing and Urban Development Department:
Government National Mortgage
Association
Housing for the elderly or
handicapped 2^/
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
National Aeronautics and Space
Admi ni St rat ion
Veterans Administration
Other independent agencies:
Export-Import Bank of the United States
General Services Administration
Small Business Administration
Tennessee Valley Authority
Uther
,
314
1.339
1.211
463
353
2,104
2.220
247
693
3,814
512
105
762
1.176
Total
Off-budget Federal agencies if:
Strategic petroleum reserve account....
Postal Service
Rural Electrification Administration
revolving funds
off-budget Federal
agencies
Total
11.782
Personnel
benefits
and
Benefits
Travel
for
transportation
of persons
former
personnel
Transportatlon of
things
Rent, communications,
and
uti lities
Printing
and
reproduct ion
Other
services
Supplies
and
materials
11
FEDERAL OBLIGATIONS
Table FO-2.
—
Gross Obligations Incurred Outside the Federal Government by Departnnent or Agency, as
of
June
Lin millions of dollars]
Other
Grants and fixed charges
Acquisition of
capital assets
CI assi f
ication
Eq'jip-
ment
Lands
and
structures
Investments
and
loans
Grants,
subsidies,
and contributions
Insurance
claims
and indemnities
Unand
dividends
30,
1983-Con.
s
12
ACCOUNT OF THE
U.S.
TREASURY
Source and Availability of the Balance in the Account of the U.S. Treasury
operating cash of the Treasury is maintained in Treasury's
accounts with the Federal Reserve banks and branches and in tax and loan
As the balances in the accounts at the Federal Reserve banks
accounts.
become depleted, they are restored by calling in (withdrawing) funds
throughout
the
country
of
financial
institutions
from
thousands
authorized to maintain tax and loan accounts.
The
Under authority of Public Law 95-147, the Treasury implemented a
program on Nov. 2, 1978, to invest a portion of its operating cash in
Under
obligations of depositaries maintaining tax and loan accounts.
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
Reserve banks participate under the Remittance
account at Federal
Option.
Table UST-1.
— Elements
[In millions of dollars.
of
Changes
in
Deposits to tax and loan accounts occur in the normal course of
all
financial
uniform procedure applicable
to
business
under
a
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 authorized 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.
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 conmunities in which they arise until
In this
such time as the Treasury needs the funds for its operations.
way the Treasury is able to neutralize the effect of its fluctuation
institution
reserves and the
operations on Note Option financial
econony.
Federal Reserve and Tax and Loan Note Account Balances
Figures on basis of telegraphic reports.
Source: Bureau of Government Financial Operations]
Credits and withdrawals
Tax and loan note accounts
Federal Reserve accounts
Credits 1/
Fiscal year
or month
Taxes 5/
Withdrawals 2/
Received
directly
1979
Proceeds from sales of securities 3/
Received
through remittance option
tax and loan
depositaries
Marketable
Nonmarketable
issues
issues 4/
Total
credits
Withdrawal
(transfers to
Federal Reserve
accounts)
13
FEDERAL DEBT
Table FD-1.
[In mi
ions of dollars.
Source:
- Summary
of Federal
Debt
Monthly Treasury Statement of Receipts and Outlays of the United States Government]
Securities held by:
Amount outstanding
The public
Government accounts
End of
fiscal year
or month
Public
debt
securities
Agency
securi-
Public
debt
securities
ties
Agency
securities
Public
debt
securities
Agency
securities
1979
1980
833,751
1981
1982
1983
1,003,941
1,146.987
1,381,886
826,519
907,701
997,855
1,142,035
1,377.211
7,233
6,616
6,086
4,952
4,675
189,162
199,212
209,507
217,640
240,116
187,683
197,743
208,056
216,404
239,023
1,478
1,469
1.450
1.236
1.092
644,589
715,105
794,434
929,346
1,141,770
638,836
709,968
789,799
925,631
1,138,188
5,754
5,147
4,636
3,716
3,582
1,146,987
1,147,713
1,166,569
1,201,898
1,205.899
1,220,132
1,249,312
1,252,706
1,296,125
1,324,318
1,331,595
1,353,072
1,381,886
1,142.035
1,142,826
1,161,708
1,197,074
1,201,040
1,215,296
1,244,493
1,247,920
1,291,362
1,319,581
1,326,881
1,348,374
1,377,211
4,952
4,887
4,861
4,824
4,859
4,836
4,819
4,786
4,763
4,737
4,715
4,698
4,675
217,640
212,139
205,072
210,506
208,089
204,402
202,280
202,992
227,914
230,388
225,789
226,744
240,116
216,404
210,986
203,920
209,355
206,958
203,274
201,155
201,868
226,794
229,290
224,694
225,649
239,023
1.236
1,153
1,152
1.151
1,131
1,128
1,125
1,124
1,120
1,098
1,095
1,095
1,092
929,346
935,574
961,497
991,392
997,811
1,015,730
1,047,033
1,049,714
1,068,211
1,093,930
1,105,806
1,126,328
1,141,770
925,631
931,840
957,788
987,719
994,083
1,012,022
1,043,339
1,046,052
1,064,568
1,090,291
1,102,187
1,122,725
1,138,188
3,716
3,734
3,709
3,673
3,728
3,708
3,694
3,662
3,643
3,639
3,620
3,603
3,582
9H,317
1982-Sept
Oct
Nov
Dec
1983-Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Table FD-2,
[
In milli ons of do! Tars.
-
Interest-Bearing Public Debt
Source: Monthly Statement of the Public Oebt of the United States]
14
FEDERAL DEBT
Table
[In millions of dollars.
End of
fiscal year
or month
FD— 3. — Government Account
Series
Source: Monthly Statement of the Public Debt of the United States]
15
FEDERAL DEBT
Table FD-4.
-
Interest-Bearing Securities Issued by
Government Agencies
Source: Monthly Treasury Statement of Kecetpts and Outlays
[In millions of dollars.
of the United States Government and Bureau of Government Financial Operations]
End of
16
FEDERAL DEBT
Table FD-5.
-
Maturity Distribution and Average Length of Marketable Interest-Bearing Public Debt Held by Private Investors
[In millions of dollars.
End of
fiscal year
or month
Amount
outstanding
privately
held
Source: Office of Government Finance and Market Analysis In the Office of the Secretar y ]
Maturity classes
Within
year
I
1-5
years
5-10
years
10-20
years
20 years
and over
Average
17
FEDERAL DEBT
Table
[In
FD-7 -
mnTions
End of
fiscal year
or month
1979
1980
105.931
138,825
157,192
181,245
198,639
1981
1982
1983
1982-Sept
Oct
Nov
Oec
1983-Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Treasury Holdings of Securities Issued by Government Corporations and Other Agencies
of dollars.
181,245
180,553
184.531
183,727
187.141
188,516
189.332
188,001
189.662
192,117
194,923
195.946
198,639
Source: Monthly Treasury Statement of Receipts and Outlays Qf the United States Government]
TREASURY FINANCING OPERATIONS, JULY-SEPTEMBER 1983
Auction of 2-Year Motes
from Government accounts and Federal
exchange for maturing securities.
On July 13 the Treasury announced that it would auction $8,000 mill ion of
2-year notes to refund $4,587 million of notes maturing July 31, 1983. and to
The notes offered were Treasury Notes of
raise $3,400 million new cash.
Series W-1985, to be dated August 1, 1983. due July 31, 1985. with interest
An interest
payable on January 31 and July 31 in each year until maturity.
rate of 10-5/8 percent was set after the determination as to which tenders
were accepted on a yield auction basis.
Tenders for the notes were received until 1:30 p.m. EDST, July 20, and
totaled $16,029 mill ion, of which $8,001 mill ion was accepted at yields
ranging from 10.57 percent, price 100.097, up to 10.66 percent,
price
99.938.
Nonconpetitive tenders were accepted in full at the average yield of
accepted tenders, 10.62 percent, price 100.009.
These totaled $1,647 mil1 ion.
Conpetitive tenders accepted from private investors totaled $6,354
Reserve banks
An interest rate of 11-7/8 percent was
after the determination as to which tenders
basis.
The notes of Series C-1993 will be
15, 1993, with interest payable semiannual
until maturity.
for
their own account in
set on the notes of Series C-1993
were accepted on a yield auction
dated August 15, 1983, due August
ly on February 15 and August 15
Tenders for the notes of Series C-1993 were received until 1:30 p.m.
August 3, and totaled $11,595 million, of which $5,266 mill ion was
accepted at yields ranging from 11.94 percent, price 99.626, up to 11.96
percent, price 99.512.
Noncompetitive tenders were accepted in i^ul 1 at the
average yield of accepted tenders, 11.94 percent, price 99.512.
These totaled
Competitive tenders accepted from private investors totaled
$1,075 million.
$4,191 million.
EDST.
mill ion.
In addition to the $8,001 mill ion of tenders accepted in the auction
process, $350 million of tenders were accepted at the average price from
Federal Reserve banks as agents for foreign and international monetary
authorities, and $387 million of tenders were accepted at the average price
from Government accounts and Federal Reserve banks for their own account in
exchange for maturing securities.
In addition to the $5,266 mill ion of tenders accepted in the auction
process, $20 million of tenders were accepted at the average price from
Federal Reserve banks as agents for foreign and international monetary
authorities, and $1,300 million of tenders were accepted at the average price
from Government accounts and Federal Reserve banks for their own account in
exchange for maturing securities.
An interest rate of 12 percent was set on the bonds after the deterThe
mination as to which tenders were accepted on a yield auction basis.
bonds of 2008-13 will be dated August 15, 1983, due August 15, 2013, with
interest payable semiannually on February 15 and August 15 until maturity.
August Quarterly Financing
On July 21 the Treasury announced that it would sell to the public at
auction, under competitive and noncompetitive bidding, up to $6,500 million of
3-year notes of Series N-1986, $5,250 million of 10-year notes of Series C1993, and $4,000 million of 30-year bonds of 2008-13 to refund $6,641 million
of publicly held Treasury securities maturing August 15, and to raise $9,100
mill ion new cash.
An interest rate of 11-3/8 percent was set on the notes of Series N-1986
after the determination as to which tenders were accepted on a yield auction
basis.
The notes of Series N-1986 will be dated August 15. 1983, due August
15,
1986, with interest payable semiannually on February 15 and August 15
until maturity.
Tenders for the notes of Series N-1986 were received until 1:30 p.m.
August 2, and totaled $11,335 million, of which $6,500 million was
accepted at yields ranging from 11.38 percent, price 99.988, up to 11.46
percent, price 99.789.
Noncompetitive tenders were accepted in full at the
These totaled
average yield of accepted tenders, 11.43 percent, price 99.864.
$1,747 million.
Competitive tenders accepted from private investors totaled
$4,753 million.
Tenders for the bonds were received until 1:30 p.m. EDST, August 4, and
totaled $8,619 million, of which $4,006 million was accepted at yields ranging
Noncomfrom 12.05 percent, price 99.597. up to 12.10 percent, price 99.198.
petitive tenders were accepted in full at the average yield of accepted
These totaled $984 million.
tenders, 12.08 percent, price 99.357.
Competitive tenders accepted from private investors totaled $3,022 million.
In addition to the $4,006 mill ion of tenders accepted in the auction
process, $914 million of tenders were accepted at the average price from
Government accounts and Federal Reserve banks for their own account and in
exchange for maturing securities.
52-Week Bills
EDST,
In addition to the $6,500 million of tenders accepted in the auction
process, $150 million of tenders were accepted at the average price from
Federal
Reserve banks as agents for foreign and international monetary
authorities, and $2,100 million of tenders were accepted at the average price
On July 1 tenders were invited for approximately $7,750 million of 364day Treasury bills to be dated July 14, 1983. and to mature July 12, 1984.
The issue was to refund $6,034 million of 364-day bills maturing July 14 and
Tenders were opened on July 7.
They
to raise about $1,716 million new cash.
totaled $15,479 million, of which $7,762 million was accepted, Including $357
million of noncompetitive tenders from the public and $1,152 million of the
bills issued at the average price to Federal Reserve banks for themselves and
An additional
as agents for foreign and international monetary authorities.
$53 mill ion was issued to foreign official institutions for new cash. The
average bank discount rate was 9.36 percent.
Auction of 2-Year Notes
On August 17 the Treasury announced that it would auction $R,000 million
2-year notes to refund $4,788 million of publicly held notes maturing
August 31, 1983, and to raise about $3,200 million new cash.
The notes
offered were Treasury Notes of Series X-1985, to be dated August 31. 1983. due
August 31, 1985, with interest payable on the last day of February and August
in each year until maturity.
An interest rate of 10-5/8 percent was set after
the determination as to which tenders were accepted on a yield auction basis.
of
Tenders for the notes were received until 1:30 p.m. EDST, August 24, and
totaled $17,225 million, of which $8,007 million was accepted at yields
ranging from 10.69 percent, price 99.886, up to 10.75 percent, price 99.780.
Noncompetitive tenders were accepted in full at the average yield of accepted
tenders, 10.73 percent, price 99.815.
These totaled $1,854 million.
Competitive tenders accepted from private investors totaled $6,153 million.
In addition to the $8,007 mill ion of tenders accepted in the auction
process. $305 million of tenders were accepted at the average price from
Federal
Reserve banks as agents for foreign and international monetary
authorities, and $643 million of tenders were accepted at the average price
from Government accounts and Federal Reserve banks for their own account in
exchange for maturing securities.
Auction of 5-Year 2-Month Notes
On
August
mill ion of 5-year
23 the Treasury announced that
2-month notes to raise new cash.
t
would auction
The notes offered
$6,000
were
Treasury Notes of Series K-198a, to be dated September 6, 1983, due November
15, 1988, with interest payable on May 15 and November 15 in each ^^^r until
An interest rate of 11-3/4 percent was set after the determination
maturity.
as to which tenders were accepted on a yield auction basis.
Tenders for the notes were received until 1:30 p.m. EDST, August 31, and
totaled $12,173 mill ion, of which $6,003 mill ion was accepted at yields
ranging from 11.77 percent, price 99.802, up to 11.82 percent, price 99.612.
Noncompetitive tenders were accepted in full at the average yield of accepted
These totaled $1,327 million.
Compettenders, 11.79 percent, price 99.726.
itive tenders accepted from private investors totaled $4,676 million.
52-Week Bills
On July 29 tenders were invited for approximately $7,75Q million of 364Treasury bills to be dated August 11. 1983, and to mature August 9,
The issue was to refund $6,262 million of 364-day bills maturing August
Tenders were opened on
$1,488 million new cash.
11 and to provide about
August 9.
They totaled 514,020 million, of which 57.753 million was accepted,
including 5552 million of noncompetitive tenders from the public and 51,475
million of the bills issued at the average price to Federal Reserve banks for
themselves and as agents for foreign and international monetary authorities.
The average bank discount rate was 9.77 percent.
day
1984.
19
TREASURY FINANCING OPERATIONS, JULY SEPTEMBER 1983
Auction of ?-Year Notes
On September 7 the Treasury announced that it would auction 58,000
million of 2-year notes to refund $4,799 million of publicly held notes
The
maturing September 30, 1983, and to raise about S3,?00 million new cash.
notes offered were Treasury Notes of Series Y-1985, to be dated September 30,
1983. due September 30, 1985, with interest payable semiannually on March 31
An interest rate of 10-7/8 percent was set
and September 30 until maturity.
after the determination as to which tenders were accepted on a yield auction
basis-
Tenders for the notes were received until 1:30 p.m. EDST, September 14,
and totaled $14,774 million, of which $8,002 million was accepted at yields
price
ranging from 10.87 percent,
price 100.009, up to 10.94 percent,
99.886.
Nonconpeti tive tenders were accepted in full at the average yield of
These totaled $1,455 milaccepted tenders, 10.91 percent, price 99.939.
lion.
Conpetttive tenders accepted from private investors totaled $6,547
mill ion.
In addition to the $8,002 mill ion of tenders accepted in the auction
process, $300 million of tenders were accepted at the average price from
Federal
Reserve banks as agents for foreign and international monetary
authorities, and $450 million of tenders were accepted at the average price
from Government accounts and Federal Reserve banks for their own account in
exchange for maturing securities.
An interest rate of 11-1/2 percent was set on the notes of Series F-1990
after the determination as to which tenders were accepted on a yield auction
basis.
The notes of Series F-1990 will be dated October 5, 1983, due October
15. 1990. with interest payable semiannually on April 15 and October 15 until
maturity.
Tenders for the notes of Series F-1990 were received until 1:30 p.m.
September 21, and totaled $10,169 million, of which $5,005 million was
accepted at yields ranging from 11.58 percent, price 99.605, up to 11.64
Noncompetitive tenders were accepted in full at the
percent, price 99.323.
These totaled
average yield of accepted tenders, 11.61 percent, price 99.464.
Competitive tenders accepted from private investors totaled
$1,337 million.
$3,668 mill ion.
EDST,
In addition
process
$30
Federal
Reserve
authorities.
,
the $5,005 mill ion of tenders accepted in the auction
of tenders were accepted at the average price from
banks as agents for foreign and international monetary
n
An interest rate of 11-7/8 percent was set
determination as to which tenders were accepted on a
bonds of 2003 will be dated October 5. 1983. due
interest payable semiannually on May 15 and November
Auctions of 4-Year Notes, 7-Year Notes, and 20-Year 1-Month Bonds
On September 13 the Treasury announced that it would sell to the public
at auction, under competitive and noncompetitive bidding, up to $5,750 million
of 4-year notes of Series K-1987, $5,000 million of 7-year notes of Series F1990, and $3,500 million of 20-year 1-month bonds of 2003 to refund $2,518
million of publicly held Treasury securities maturing September 30, and to
raise about $11,700 million new cash.
An interest rate of 11-1/8 percent was set on the notes of Series K-1987
after the determination as to which tenders were accepted on a yield auction
basis.
The notes of Series K-1987 will be dated September 30, 1983. due
September 30. 1987, with interest payable semiannually on March 31 and
September 30 until maturity.
Tenders for the notes of Series K-1987 were received until 1:30 p.m.
September 20, and totaled $14,684 million, of which $5,769 million was
accepted at yields ranging from 11.14 percent, price 99.953. up to 11.17
Nonconpetitive tenders were accepted in full at the
percent, price 99.858.
These totaled
average yield of accepted tenders, 11.16 percent, price 99.889.
Competitive tenders accepted from private investors totaled
$1,641 million.
$4,128 million.
EDST,
In addition to the $5,769 mill ion of tenders accepted in
process, $426 million of tenders were accepted at the average
Federal Reserve banks as agents for foreign and international monetary
authorities, and $303 million of tenders were accepted at the average price
from Government accounts and Federal Reserve banks for their own account in
exchange for maturing securities.
the auction
price from
on the bonds after the
The
yield auction basis.
November 15, 2003, with
15 until maturity.
Tenders for the bonds were received until 1:30 p.m. EDST. September 22,
and totaled $11,566 million, of which $3,508 million was accepted at yields
ranging from 11.89 percent, price 99.813, up to 11.90 percent, price 99.737.
Noncompetitive tenders were accepted in full at the average yield of accepted
These totaled $1,395 million.
Compettenders, 11.90 percent, price 99.737.
itive tenders accepted from private investors totaled $2,113 million.
52-Week Bills
On August 26 tenders were invited for approximately $7,750 million of
364-day Treasury bills to be dated September 8, 1983, and to mature September
1984.
The issue was to refund $7,127 million of 364-day bills maturing
6,
Tenders were opened on
September 8 and to raise about $623 million new cash.
They totaled 519,231 million, of which $7,758 million was
September 1.
accepted, including $886 million of noncompetitive tenders from the public and
$1,575 million of the bills issued at the average price to Federal Reserve
banks for themselves and as agents for foreign and international monetary
authorities. The average bank discount rate was 9.64 percent.
.
.
.
20
PUBLIC DEBT OPERATIONS
Table
PDO-1.
Maturity Schedule of Interest-Bearing Marketable Public Debt Securities Other than Regular
Weekly and 52-Week Treasury Bills Outstanding, Sept. 30, 1983
[In millions of dollars.
Source: Monthly Statement of the Public Debt of the United States,
and Office of Government Finance and Market Analysis in the Office of the Secretary]
Amount of maturities
Amount of maturities
Held by
Date
of final
maturity
Gov't
accounts and
Federal Reserve banlcs
U.S.
Description
Issue
date
Total
Held by
All
other
inves-
Date
of final
Description
maturity
l-l/2t-E0
15-1/2%-W
7»-B
9-7/8i-L
12-l/8l-)(
10-1/2%-H
!3%-Y
Note
Note
Note
Note
Note
Note
Note
10/01/78
11/02/81
11/15/76
8/15/80
11/30/81
12/31/79
12/31/81
Note
Note
Note
Note
Note
Note
Note
Note
Note
2/01/82
2/15/77
3/D1/S2
3/31/80
3/31/82
4/01/79
4/30/82
9/05/79
11/17/80
5/15/81
6/01/82
6/30/80
6/30/82
8/02/82
8/15/72
8/15/77
2/17/81
8/31/82
9/30/80
11/01/82
8/17/81
11/16/81
11/30/82
12/31/80
12/31/82
Note
Note
470
639
309
113
,143
715
832
493
427
289
658
6,208
8,438
5,950
2,914
6,219
578
3,920
720
703
674
701
Issue
date
tors
1983
Oct.
Oct.
Nov.
Hov.
Nov.
Dec.
Dec.
Gov't
accounts and
Federal Reserve banlis
U.S.
9/29/82
11/15/79
4.237
5,779
31.
15.
29.
31.
31.
May
15.
15.
31.
30.
30.
31.
15.
15.,
15.
31.,
30.
31.,
IS.
15.
May
May
June
June
July
Aug.
Aug.
Aug.
Aug.
Sept.
Ocf.
Nov.
Nov.
Nov.
Dec.
Dec.
15t-N
7-1/4%-A
15-1/81-P
14-1/45-D
M-1/8S-0
,
30.
31.,
31.
1-1/2S-EA
13-7/8J-R
9-1/4S-C
13-1/41-G
15-3/4t-K
13-3/4%-S
8-7/81-E
14-3/8%-T
13-1/S%-U
6-3/81
7-1/4J-B
13-1/4S-J
1I-5/8S-V
12-1/8%-F
9-3/41-X
16J-L
14-3/84-H
9-7/8%-V
14%-H
9-3/8J-Z
Note
Note
Note
Note
Note
Bond
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Total ....
Feb.
Feb.
Feb.
Bar.
Mar.
Apr.
15.
15.
,
May
28..
31.
31..
30.
15..
15.
IS..
May
15.
May
May
Kay 15,75-
May
June
June
July
31.
9-1/4J-0
8t-A
14-5/8S-L
9-5/8%-R
13-3/8%-G
9-5/8t-S
9-1/2%-T
14-3/8«-D
10-3/8S-C
3-1/4%
14-1/8%-M
4-1/4%
9-7/8S-U
141-H
lOJ-V
10-5/8%-«
8-1/4J-B
9-5/8t-E
13-1/8%-N
10-5/8t-X
I5-7/8t-J
10-7/8%-Y
11-3/4S-F
9-3/4%-P
14-1/8%-K
Aug.
Aug.
Aug.
Aug.
Sept.
Sept.
Nov.
Nov.
Dec.
Note
Note
Note
Note
Note
Note
Note
Note
Note
8ond
Note
Bond
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
1/31/83
2/15/78
2/16/82
2/28/83
3/31/81
3/31/83
5/02/83
3/03/80
12/04/79
6/03/58
5/17/82
4/05/60
5/31/83
6/30/81
6/30/83
8/01/83
8/15/78
6/05/80
8/16/82
8/31/83
9/30/81
9/30/83
9/03/80
11/15/82
12/31/81
Total
Feb.
Feb.
Mar.
Hay
Hay
Hay
June
Aug.
Aug.
Sept.
Nov.
Nov.
Nov.
Dec.
15.
15.
,
31.
15.
15.
15..
30.
IS.,
15.
30.,
15.
15.,
,
15.
31.,
13-1/2%-C
9-7/8%-L
14%-G
13-3/4%-D
7-7/8%-A
9-3/81-M
14-7/8t-H
11-3/8J-N
8J-B
12-l/4t-J
16-1/8%-F
6-1/8%
13-7/8%-E
10%-K
Total
FFb.
Feb.
Mar.
May
12-3/4%-0
10-1/4%-H
12%-C
14%-E
10-1/2%-J
13-3/4t-F
ll-l/8t-K
7-5/St-A
12-5/8%-G
Aug.
Sept.
Nov.
Nov.
Total
12/08/BO
2/15/83
3/31/82
3/04/81
5/17/76
5/16/83
7/06/82
8/15/83
8/16/76
9/30/82
9/08/81
11/15/71
6/03/81
12/31/82
.
9%-B
Hay
June
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Bond
Note
Note
.
.
5,877
2,587
4,315
3,776
6,018
3.726
6,232
7,177
2.171
2.863
4,662
7,492
11.012
7,890
5,780
6.213
7,571
3,620
8,009
Feb.
Apr.
May
Hay
July
Aug.
Oct.
Nov.
Nov.
15.
15.
15.
15.
15.
Total.
.
4,212
3,837
4.805
307
737
57
4,997
342
125
1.186
668
861
4,888
2,576
5,033
2.722
348
507
1,699
2.305
2.412
870
88
1.329
6.416
511
777
187
252
2.626
8,820
859
1.412
4,079
3,565
17,796
4.399
1,978
1.056
518
552
993
1,446
1,205
92
421
935
706
785
763
42
209
136
466
1,220
132
1,300
159
136,720
21,436
4.427
19,755
8,298
4.203
S,8B8
8.434
3,786
9.171
8,572
2,719
2,539
427
6.952
683
8.681
3.393
9,022
8,848
4,837
3,293
7.487
9.069
3,961
8,857
3,087
6.986
3,430
625
1.456
424
953
406
971
822
97
2,913
330
306
1.454
1.450
1,039
620
1,295
1.141
620
319
52
52
28
362
147
1,666
268
10
1.268
357
62
1,174
785
367
2,152
2.020
199
261
864
39
353
1.659
4,579
3,422
6,007
1,974
3,482
5,998
4.011
1/05/81
12/02/82
4/06/81
3/01/83
5/15/78
7/07/81
6/03/83
10/14/81
9/6/83
11/15/78
2.710
5,040
2,972
955
Note
Note
Note
Note
1/13/82
4/07/82
5/15/79
7/08/82
15
515
498
37
437
67
538
616
61
15,00-05 8-1/4%
Bond
5/15/75
2007
Feb .15,02-07 7-5/8%
Nov .15.02-07 7-7/8%
Bond
Bond
2/15/77
11/15/77
Bond
Bond
8/15/78
11/15/78
Total
764
595
2,067
2.154
2.545
6.001
1.771
5,323
,148
,469
,783
,474
,032
,445
180
55
1,754
50
184
273
397
1,144
2,705
5.025
2,792
5,900
2,394
3,419
5,599
3,201
5,635
2,301
43,028
4,057
38,971
15
459
160
3,447
3,293
2,169
4,563
15,04-09 9-1/8%
15.04-0910-3/8%
Bond
Bond
5/15/79
11/15/79
15,05-10 11-3/4%
May 15.05-10 10%
Nov 15,05-10 12-3/4%
2011
Way 15,06-11
13-7/8%
15.06-11 14%
.
.15.07-12 10-3/8%
2013
Aug
Bond
Bond
Bond
2/15/80
5/15/80
11/17/80
744
1,694
1.617
7.260
1.639
2.700
21
73
70
4.224
2.103
5,230
749
1,611
4,606
4.201
734
820
8.807
Total
1,488
1,717
1.759
2,753
7.333
Total
Total
33
741
59
136
5.729
.15.03-08 8-3/8%
.15.03-08 8-3/4%
42,568
3.508
3.348
2,628
4,723
971
1.614
8.242
3,007
3,249
3,501
9,757
Total
64,299
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
462
509
392
4,699
1.501
1.750
1.485
1.753
1.753
9,956
6,238
3,437
6,522
2,472
3,519
6,435
4,078
6,539
2,387
5,384
.492
5.727
74,255
2/15/79
12/02/81
3/31/83
2/15/80
3/03/82
6/30/83
6/02/82
9/30/83
11/15/77
9/07/82
182
1.474
1.141
230
162
657
206
55
594
1,636
5.293
1.350
1.438
797
3,188
8,116
4,215
3,460
5,219
7,330
4,758
8,862
9,515
5,813
3,469
1,196
3,206
5,908
.365
4.634
1
250
380
472
1,630
119
1,563
847
437
700
16,667
66
418
I
6.123
321
40
142.623
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
.
14-5/8%-C
14-3/8% -0
9-1/4%-A
14-1/2%-E
tors
474
.
12-3/8%-C
10-1/8% -G
13-l/4%-0
9-7/8%-H
8-1/4%-A
14%-E
10-1/2%-J
15-3/8%-F
11-3/4%-K
8-3/4%-B
other
inves-
21,521
.
15.
15.
15.
IS.
1,942
37
Total
Jan.
Feb.
Feb.
Mar.
Mar.
Apr.
Apr.
Hay
25
All
2.494
2.987
4,736
752
1,072
601
2.986
3.176
3,431
21
PUBLIC DEBT OPERATIONS
Table
[Amounts in millions of dollars.
Source:
PDO-2. -
Description of new issue
Maturity
date
Regular weekly;
(13-week and ?6-weeli)
1983-June
2
19e3-Sept.
Dec.
Sept.
Dec.
Sept.
Dec.
Sept.
Dec.
Sept.
Dec.
Oct.
1984 -Jan.
9
16
23
30
July
7
U
1983-Oct.
1984 -Jan.
1983-Oct.
1984 -Jan.
1983-Oct.
19e4-Jan.
1983-Nov.
1984-Feb.
1983-Nov.
1984-Feb.
19e3-Nov.
1984-Feb.
1983-Nov.
1984-Feb.
1983-Oec.
1984-Mar.
1983-Oec.
1984-Mar.
19e3-Dec.
1984-Har.
1983-Dec.
1984-Har.
21
28
Aug.
4
11
18
25
Sept.
1
8
15
22
29
1983-Clec.
1984-Mar.
52 weeks
1982-bept.
Oct.
Nov.
Dec.
Dec.
1983-Jan.
Feb.
Mar.
Apr.
Hay
:
June
July
Aug.
Sept.
9
Oct.
Nov.
Dec.
Dec.
30
27
24
24
21
19
16
14
1984-Jan.
Feb.
Mar.
Apr.
Hay
June
July
11
^
8
Cash management
198J^une
1983-Sept.
7
4
2
^
.
.
Aug.
Sept.
:
1983-Nov.
Number of
days to
maturity
1
U
Offerings of Bills
Monthly Statement of the Public Debt of the llmted States and allotments]
Amounts of bids accepted
Amount of
Total
On com-
On noncom-
bids
amount
petitive
basis 2/
petitive
basis 3/
tendered
Amount
maturing on
issue date
of new
PUBLIC DEBT OPERATIONS
Table PDO-2.
-
Offerings of Bills-Continued
23
PUBLIC DEBT OPERATIONS
Table
PDO-3 -
Public Offerings of Marketable Securities Other than Regular Weekly Treasury Bills
[Dollar amounts in mill ions-
Date subscrip-
Source: Bureau of the Public Debt]
PUBLIC DEBT OPERATIONS
Table
PDO-3.
Public Offerings of Marketable Securities Other than Regular Weekly Treasury Bills-Continued
[Dollar amounts in minions]
Date subscrip-
PUBLIC DEBT OPERATIONS
Table
PDO-4. - Allotments
by Investor Classes on Subscriptions for Public Marketable Securities
Part
[In millions of dollars.
A
-
Other
Source:
ttian Bills 1/
Subscription and allotment reports]
25
26
PUBLIC DEBT OPERATIONS
Table
PDO-4. - Allotments
by Investor Classes on Subscriptions for Public Marketable Securities-Continued
Part B - Bills Other than Regular Weekly Series
[Dollar amounts in millions.
Source: Subscription and allotment reports]
U.S.
Series EE bonds, on sale since Jan. 1, 1980, are the only savings
bonds currently sold.
Series HH bonds are issued in exchange for series
and EE savings bonds and savings notes.
E
Series A-D were sold from
Mar. 1. 1935, through Apr. 30, 1941.
Series E was on sale from May 1.
1941,
through Dec.
1979 (through June 1980 to payroll
31,
savers
only).
Series E and G were sold from May 1, 1941, through Apr. 30,
1952.
Series H was sold from June 1, 1952, through Dec. 31, 1979.
Series HH bonds were sold for cash from Jan. 1, 1980, through Oct. 31,
1982. Series J and K were sold from May 1, 1952, through Apr. 30, 1957.
Table SBN-1.
-
27
SAVINGS BONDS AND NOTES
U.S. savings notes were on sale May 1, 1967, through June 30,
The notes were eligible for purchase by individuals with the
simultaneous purchase of series E savings bonds.
The principal terms
and
conditions
for
purchase
and
redemptions
and
information on
investment yields of savings notes appear in the Treasury Bulletins of
March 1967 and June 1968; and the Annual Report of the Secretary of the
Treasury for fiscal year 1974.
1970.
Sales and Redemptions by Series, Cumulative ttirough Sept. 30, 1983
[In millions of dollars.
Source: Monthly Statement of the Public Debt of the
United States; Market Analysis Section. United States Savings Bonds Division]
Amount outstanding
Accrued
discount
Savings bonds:
Series A-D 2/
Series E, ET. H. and HH
Series F and G
Series J and K
Savings notes
Total
3,949
226,927
28,396
3.566
862
Sales plus
accrued
discount
1,054
78,282
1,125
198
369
Redemptions 1/
5,003
305,209
29,521
3.754
5,002
234,916
29.516
3,753
1,231
166
Matured
non-interestbearing debt
Interestbearing debt
2
269
5
1
263,690
1/ Sales and redemption figures
include exchange of minor amounts of
(1) matured series E bonds for series G and K bonds from May 1951
through April 1957; (21 series E and J bonds for series H bonds
beginning January 1960; and (3) U.S. savings notes for series H
Table
SBN— 2. —
bonds beginning January 1972; however, they exclude exchanges of series
E bonds for series H and HH bonds.
2/ Details by series on a cumulative basis and by period of series A-D combined will be found in the February 1952 and previous issues of the
Treasury Bui letin.
Sales and Redemptions by Period,
All
Series of Savings
Bonds and Notes Combined
[In millions of dollars.
Source: Monthly Statement of the Public Debt of the
United States; Market Analysis Section, United States Savings Bonds Division]
Period
Fiscal years
1935-81...
1982
1983
1983^an
Feb
Mar
Apr
May
June
July
Aug
Sept
Accrued
discount
256,583
3,112
4,000
71,067
4,922
5,034
327,649
8.034
9,034
254,038
3.335
3,259
67,862
4,384
4,941
321,899
7,719
8,200
267
292
327
317
334
332
346
350
397
414
395
389
483
407
399
428
447
r386
459
411
415
655
706
722
706
817
738
745
778
866
713
418
r327
328
313
315
787
724
730
Amount outstanding
Redemptions
Sales plus
accrued
discount
Sales
price
:
Calendar years :
1935-80
1981
19B2
Months:
I9S2-Sept
Oct
Nov
Dec
Sales
259,348
y
Accrued
discount 1/
Interestbearing
debt
Matured
non-interestbearing debt
28
U.S.
Table
SBN-3. -
SAVINGS BONDS AND NOTES
Sales and Redemptions by Period, Series
E,
EE,
H,
and
HH
Source: Monthly Statement of the Public Debt of the
[In millions of dollars.
United States; Market Analysis Section, United States Savings Bonds Division]
Redemptions
Accrued
discount
Sales plus
accrued
discount
Sales
price
Series
Fiscal years
1441-61...
1982
1983
:
Calendar years
1941-80
1981
1982
Months
1982-Sept
Oct
Nov
207.160
3,062
3,952
:
204,680
3.256
3,182
:
Dec
255
270
312
314
1983^an
321
Feb
Mar
Apr
May
June
July
Aug
Sept
309
364
389
392
344
314
323
306
68.690
E
and EE
Accrued
discount
Exchange of
E bonds for
H and HH bonds
Amount outstanding
Interestbearing debt
Matured
non-interestbearing debt
OWNERSHIP OF FEDERAL SECURITIES
Table OFS-1.
—
Distribution of Federal Securities by Class of Investors and Type of Issues
[In millions of dollars]
29
E
30
MARKET BID YIELDS ON TREASURY SECURITIES
Table
Date
MBY-1. - Treasury Market
3-mo.
6-n\o.
1-yr.
Bid Yields at Constant Maturities,
Bills,
Notes, and Bonds'
2-yr.
3-yr.
5-yr.
7-yr.
10-yr.
20-yr.
30-yr.
10.19%
9.80
9.66
9.33
9.64
9.66
9.57
9.49
10.18
10.69
11.07
10.79
10.62%
9.98
9.88
9.64
9.91
9.84
9.76
9.66
10.32
10.90
11.30
11.06
10.80%
10.38
10.22
10.03
10.26
10.08
10.02
10.03
10.63
11.21
11.63
11.43
10.88%
10.53
10.49
10.36
10.56
10.31
10.29
10.30
10.83
11.35
11.77
11.61
10.91%
10.55
10.54
10.46
10.72
10.51
10.40
10.38
10.85
11.38
11.85
11.65
10.97%
10.57
10.62
10.78
11.03
10.80
10.63
10.67
11.12
11.59
11.97
11.83
11.17%
10.54
10.54
10.63
Monthly average
1982-Oct
Nov
Dec
1983-Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
End of month
7.97%
8.34
8.21
8.12
8.40
8.67
8.52
8.50
9.14
9.44
9.72
9.35
8.77%
8.82
8.62
8.37
8.70
8.88
8.80
8.71
9.46
9.87
10.15
9.74
9.321
9.16
8.91
8.62
8.92
9.04
8.98
8.90
9.66
10.20
10.53
10.16
10.
10.63
10.48
10.53
10.93
11.40
11.82
11.63
31
MARKET BID YIELDS ON TREASURY SECURITIES,
LO
SEPT. 30, 1983
32
AVERAGE YIELDS OF LONG-TERM BONDS
Table AY-1.
Treasury
- Average
Yields of Long-Term Treasury, Corporate, and Municipal
Bonds
AVERAGE YIELDS OF LONG-TERM BONDS
33
37
INTERNATIONAL FINANCIAL STATISTICS
The tables in this section are designed to provide data
U.S. reserve assets and liabilities and other statistics
related to the U.S. balance of payments and international
financial position.
Table IFS-3 shows U.S. Treasury n onma rket a b e bonds and
notes issued to official institutions and other residents of
f ore1 gn count ri es
1
on
.
Table IFS-1 shows the reserve assets of the United States,
Including its gold stock, special drawing rights held in the
Special Drawing Account in the International Monetary Fund,
holdings of convertible foreign currencies, and reserve position in the International Monetary Fund.
Table IFS-4 presents a measure of weighted-average changes
in exchange rates between the U.S. dollar and the currencies of
certain other countries.
Table IFS-2 brings together statistics on liabilities to
foreign official institutions, and selected liabilities to all
other foreigners, which are used in the U.S. balance of payments
statistics.
Table IFS-1.
-
U.S.
Reserve Assets
[In millions of dollars]
End of calendar
year or month
INTERNATIONAL FINANCIAL STATISTICS
Table IFS-2.
-
Selected US. Liabilities to Foreigners
'In m
1
i
1
i
n i
of
dollars]
.
;
39
INTERNATIONAL FINANCIAL STATISTICS
Table IFS-4.
- Weighted Average
of
Exchange Rate Changes
for the Dollar
[Percent change relative to exchange rates as of end-May 1970]
Trade-weighted average appreciation (+1
or depreciation (-1 of the U.S. dollar 1/ vis-a-vis
End of calendar
year or month
Currencies of
OECD countries 2/
Currencies of 46 main
trading countries
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
-9.4
-14.6
-16.0
-10.9
-10.3
-14.6
-21.5
-18.4
-15.0
-3.4
9.2
-4.9
-9.6
-9.6
-4.6
-1.0
-1.0
-4.1
+6.6
+21.3
+58.9
+141.2
1982-Oct
Nov
Dec
+14.3
tl2.4
*9.2
+132.2
+131.2
+141.2
1983 -Jan
Feb
11.7
155.5
11.2
Mar
Apr
13.6
+182.7
+201.0
+215.1
+231.3
+250.7
+276.4
+307.1
13.2
14.4
Hay
June.
July
Aug
Sept. p.
Oct. p..
.
\J
V
15.8
17.9
.
20.1
17.7
+378.0
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 currencies, 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
Calculations are provided for two sets of countries that account
change.
U.S. bilateral trade patterns in
for a major share of U.S. foreign trade.
1972 are used as a convenient, readily available proxy for the assignment
of relative weights to individual exchange rate changes, although such
weights do not provide a full measure of individual currencies' relative
importance in U.S. international transactions because they take no account
The calculations do not purport to represent
of factors other than trade.
a guide to measuring the impact of exchange rate changes on U.S.
international transactions.
(E02)
foreign currency
Where:
•
i
cost of dollars; and
X^/rx is U.S. exports to country i, as
a proportion of total U.S. exports to
all countries in the set.
Equation three combines the above export-weighted and import-weighted
averages to provide an overall measure of exchange rate change:
(£03)
Equation one is used to calculate a trade-weighted average of changes in
the dollar cost of foreign currencies:
JdS/fCj
^^ is the weighted average of percentage
changes in the foreign currency cost of
dol lars
flfCj/$ is the percent change in the
The equations used are as follows:
E„ =
=E(lfCj/S • Xj/tX)
E,
Where:
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.
(EOl)
315.3
17.9
E
=
Where:
M,/CH)
[(E„
m/m*x)'{-l)]
[E,
x/mtx]
m/m+x is U.S. imports as a proportion
of its total trade with all countries in
the set and
;
x/m+x is U.S. exports as a proportion of
its total trade with all countries in the
E_ is the weighted average of percentage
changes in the dollar cost of individual
foreign currencies;
AS/fcj is the percent change in the dollar
and
cost of foreign currency i
;
M;/EM is U.S. imports from country i, as
a proportion of total U.S. imports from
all countries in the set.
set.
Australia, Austria, Belgium-Luxembourg, Canada, Denmark, Finland, France,
~2/ Germany, Greece, Iceland, Ireland, Italy, Japan, the Netherlands, New
Zealand, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, and United
Kingdom,
The currencies of 46 IMF member countries which account for approximately
90 percent of U.S. total trade.
y
1
CAPITAL
MOVEMENTS
Background
Data relating to capital movements between the United States and foreign
countries have been collected in some form since 1935.
Reports are filed with
district Federal Reserve banks by banks, bank holding companies, securities
brokers and dealers, and nonbanking enterprises in the United States.
Statistics on the principal types of data by country or geographical area are then
consolidated and are published in the Treasury Bulletin.
The reporting forms and instructions 1/ used in the Treasury 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.
The most recent, general revision of the report forms became
effective with the banking reports as of April 30, 1978, and with the
nonbanking reports as of December 31, 1978.
Revised forms and instructions
are developed with the cooperation of other Government agencies and the
Federal Reserve System and in consultations with representatives of banks,
securities firms, and nonbanking enterprises.
provided of the liabilities of the respondents themselves from their custody
liabilities to foreigners; and foreign currency liabilities are only available
quarterly.
Also, beginning April 1978, the data on liabilities were made more
complete by extending to securities brokers and dealers the requirement to
report certain of their own liabilities and all of their custody liabilities
to foreigners.
Section II presents the claims on foreigners reported by banks in the
United States.
Beginning with data reported as of the end of April 1978, a
distinction was made between banks' claims held for thei r own account and
claims held for their domestic customers.
The former are available in a
monthly series whereas the latter data are col lected on a quarterly basis
only.
Also, the distinction in reporting of long-term and short-term components of
banks' claims was discontinued.
Maturity data began to be
collected quarterly on a time remaining to maturity basis as opposed to the
historic original maturity classification.
Foreign currency claims are also
col lected only on a quarterly basis.
Beginning March 1981, this claims
coverage was extended to certain items in the hands of brokers and dealers in
the United States.
Basic Definitions
The term "foreigner" as used in the Treasury reports covers all institutions and individuals domiciled outside the United States, including U.S.
citizens domiciled abroad, and the foreign branches, subsidiaries, and other
affiliates
abroad
of
banks
and
business
concerns;
the
central
U.S.
governments, central
banks,
and other official
Institutions of foreign
countries, wherever located; and international and regional organizations,
wherever located.
The term "foreigner" also includes persons in the United
States to the extent that they are known by reporting institutions to be
acting on behalf of foreigners.
In general, data are reported opposite the foreign country or geographarea 1n 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 in the Treasury
statistics as liabilities to foreign banks,
whereas the
iabi ity of the
foreign bank receiving the deposit may be to foreign official institutions or
to residents of another country.
ical
1
1
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 which is Included in the classification
"Other Europe."
Reporting Coverage
Reports are required from banks, bank holding companies. International
Banking Facilities (IBF's), securities brokers and dealers, and nonbanking
enterprises in the United States, including the branches, agencies, subsidiaries, and other affiliates in the United States of foreign banking and
nonbanking firms.
Entities that have reportable liabilities, claims, or
securities transactions below specified exemption levels are exempt from
reporting.
Banks and some brokers and dealers file reports monthly covering their
dollar liabilities 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. quarterly reports are filed with respect to liabilities and claims denominated in foreign currencies vis -a- vi s foreigners.
Effective January 31,
1982, the specified exemption level applicable to the monthly and quarterly
banking reports was raised from $2 million to $10 million and is based on the
average for the report dates during a 6-month period, including the current
report date.
There is no separate exemption level for the semiannual reports.
Banks,
securities brokers and dealers, and in some instances nonbanking
enterprises report monthly their transactions in securities with foreigners;
the applicable exemption level is $600,000 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 to, or claims on, unaffiliated foreigners exceed a specified exemption level on a two quarter-end
average basis.
Effective March 31, 1982, this exemption level was set at $10
million, up from $2 million.
Nonbanking enterprises also report for each
monthend their U.S. dollar-denominated deposit and certificates of deposit
claims of $10 million or more on banks abroad.
Description of Statistics
Another important change in the claims reporting, beginning with new
quarterly data as of June 30, 1978, was the adoption of a broadened concept of
"foreign public borrower," which replaced the previous category of "foreign
official institution" to produce more meaningful Information on lending to the
public sector of foreign countries.
The term "foreign 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 or convention
between sovereign states.
;
Section III includes supplementary statistics on U.S. banks' liabilities
and claims on, foreigners.
The supplementary data on banks' loans and
credits to nonbank foreigners combine selected information from the TIC
reports with data from the monthly Federal Reserve 2502 reports submitted for
major foreign branches of U.S. banks. Other supplementary data on U.S. banks'
dollar liabilities to, and banks' own dol lar claims on, countries not regularly reported separately are available semiannually in the May and November
issues of the Treasury Bulletin.
to,
unaffiliated
Section
shows the liabilities to,
and claims on,
IV
concerns,
foreigners by exporters, importers, industrial
and commercial
financial institutions other than banks and brokers, and other nonbanking
The data exclude the intercompany accounts
enterprises in the United States.
of nonbanking enterprises in the United States with their own branches and
(Such transsubsidiaries abroad or with their foreign parent companies.
actions are reported by business enterprises to the Department of Commerce on
banks
investment
The
also
exclude
claims
held
through
its direct
forms.)
data
in the United States.
Beginning with data reported as of December 31. 1978,
there is separation of the financial liabilities and claims of reporting
liabi ities and claims
and items are
enterprises from thei r commercial
collected on a time-remaining basis instead of the prior original maturity
basis.
;
Section V 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 nonmarketable U.S. Treasury bonds and notes, foreign currency series,
which are shown in the "International Financial Statistics" section, table
IFS-3).
The data cover new issues of securities, transactions in outstanding
issues, and redemptions of securities.
They Include transactions executed in
the United States for the account of foreigners, and transactions executed
abroad for the account of reporting institutions and their domestic customers.
The data include some transactions which are classified as direct
investments in the balance of payments accounts.
The geographical breakdown of the data on securities transactions shows
the country of domicile of the foreign buyers and sellers of the securities;
in the case of outstanding issues, this may differ from the country of the
original issuer.
The gross figures contain some offsetting transactions
between foreigners.
The net figures for total transactions represent transactions by foreigners with U.S. residents; but the net figures for transactions of individual countries and areas may include some transactions
between foreigners of different countries.
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 nonbanking
business enterprises in the United States with their own branches and
subsidiaries abroad or with their foreign parent companies, and capital transConsol i dated data on all types of interactions of the U.S. Government.
national capital transactions are published by the Department of Commerce in
its regular reports on the U.S. balance of payments.
Section I presents data on liabilities to foreigners reported by banks,
brokers, and dealers in the United States.
Beginning Apri 1 1978, the following major changes were made in the reporting coverage: Amounts due to
banks' own foreign offices are reported separately; a previous distinction
between short-term and long-term liabilities was eliminated; a separation was
U
Copies of the reporting forms and instructions may be obtained from the Office of Data Management, Office of the Assistant Secretary for International
Affairs, Department of the Treasury. Washington, D.C. 20220, or from district Federal Reserve banks.
41
CAPITAL MOVEMENTS
Section
I.
-
Liabilities to
Table
Foreigners Reported by Banks
in
the United States
CM-1-1. -
Total Liabilities by Type of Holder
[In millions of dollars]
International
regional 2/
Foreign count ri es
and
Memoranda
liabilities
foreigners
reported by IBF s 4/
Tot
Official
institutions
1/
Banks and other foreigners
a
1
to all
'
Payable
in
End of
Total
Payable
calendar year
or month
liabilities
in
(1)
1979
1980
1981
1982
r
r
1982-Sept.
Oct.
No».
Dec.
r
r
r
r
1983-Jan.
r
Feb.
Mar.
Apr.
r
r
r
May r
June
July
Aug.
Sept.
_1_/
2J
p
p
Total
dollars
(2)
(3)
Payable
Payable
in
in
foreign
currencies ^/
Payable
in
189,439
209,045
247,412
311,866
78.206
86,624
79,126
71,647
78,206
86,624
79,126
71,647
-
305.695
305,830
308,062
311,866
310,907
311,322
322.791
314,386
322.741
326,794
332.618
339,864
344,020
70.430
70,433
67,568
71,647
74,427
71,582
70.985
71.313
72.795
72,747
75.265
74,032
72,208
70.430
70,433
67,568
71,647
74,427
71,582
70.985
71.313
72.795
72,747
75.265
74,032
72,208
-
-
-
-
-
-
-
-
foreign
currencies _3/
Payable
in
Total
dollars
(5)
(6)
108,871
120,043
165,561
235,274
106,958
116,329
162,042
230,454
1,913
3,714
3,519
4,820
2,362
2,378
2,725
4,946
2,356
2,344
2,721
4.922
230.125
229.192
233,820
235,274
229,666
233,581
247,426
236.772
244.115
248,522
251.605
260,208
266,434
225,582
224.649
229,277
230.454
224,846
228,761
242,378
231.724
239.068
242,782
245,865
264,467
260,694
4,543
4.543
4,543
4.820
4,820
4,820
5,047
5.047
5,047
5,740
5,740
5,740
5,740
5,140
6,206
6.674
4,946
6,814
6,159
4.381
6.301
5,831
5.526
5,748
5.624
5,378
5,108
6,173
6.641
4.922
6,790
6,135
4.353
6.273
5,803
5.456
5,678
5.555
5.308
(4)
Includes Banic for International Settlements.
Principally the International Bank for Reconstruction and
Development and the Inter-American Development Bank.
}_/
V
Payable
(7)
Total
dollars
(8)
(9)
in
foreign
currencies }J
(10)
Payable
in
dollars
foreign
currencies _3^/
(12)
(11)
6
34
-
-
4
47,684
122,398
2.717
114,609
114,154
115.700
122,398
118,072
118,255
126,801
122.991
126,499
131.593
132,729
137.716
145.414
2,082
2,082
2.082
2.717
2,717
2,717
2,478
2.478
2,478
2.566
2,556
2.556
2.556
24
32
32
32
24
24
24
28
28
28
70
70
70
70
752
Data as of preceding quarter for non-quarter-end months.
Establishment of International Banking Facilities (IBF's)
permitted beginning December 1981.
42
CAPITAL MOVEMENTS
Table
CM-l-2. -
Total Liabilities by Type, Payable
Part A
[In
-
Foreign Countries
millions of dollars]
in
Dollars
a
:
.
43
CAPITAL
Table
CM-l-3. -
MOVEMENTS
Total Liabilities by Country
[Position at end of period in millions of dollars]
Calendar year
1981
Europe:
Aust r1
535
a
Belgi um-Luxembourg
Bu gar a
,
I
1
Czechoslovakia
Uenma rk
Finland
France
German Democratic Republic,
bermany
,
i^reece
Hu ngary
Italy
Netherlands
Norway
Poland
Portugal
Koman a
,
i
Spa
I
ri
,
Sweden
Swi tzer and
1
Tu rk ey
United Kingdom
U.S.S.ft
Yugoslavia
Uther Europe
Total
Eu
rope
Canada
Latin America and Caribbean:
Argentina
Batiama
s
Bermuda
Brazi
I
British West
Indies
Chi e
Co ombi
1
,
1
Cuba
Ec uador
(Guatemala
Jamaica
Mexico
Netherl ands Ant
Panama
i
1
I
es
;
Peru
Trimdad and Tobago
Urugu ay
Venezuel a
Latin Ameri ca
and Caribbean
Ot her
Total Latin America
and Ca r bbean
i
As
1
a
:
Chi na:
Mainland
Taiwan
Hong Kong
India
indonesi a
Israel
Japan
Korea
Lebanon
Malays a
Pakistan
Philippines
Singapore
^
1
Syri a
Thai land
Oi -e xport ng countries
Ot her Asia
1
I
Total
As
I
_1_/
a
Africa:
Egypt
bnana
Li beria
Morocco
South Africa
Zdi re
l-exporting countries
Other Af ri ca
Oi
Tota
I
_2_/
Africa
Uther countr es
Austral a
Al
other
I
i
1
Total
other countries....
Total
foreign countries..
International and regional:
International
European regional
Latin American regional...
Asian regional
African regional
Middle Eastern regional...
Total
a
nd
1
nternat onal
i
reg onal
i
Grand total
r
Aug.
Sept.
p
44
CAPITAL MOVEMENTS
CM-l-4. -
Table
Total Liabilities by
Type and Country, as
of Sept. 30, 1983, Preliminary
[Position in millions of dollars]
Total
liabilities
Liabilities payable in dollars
To foreign official
institutions and
Totals
Total Payable
Country
Payable
in
in
dollars
foreign
currencies 1/
(I)
unaffiliated foreign banks
Banks
Custody
own lia- liabilbilities ities
'
PepOSitS
Demand
-QL
(2)
_
_tlL
JiL
_16L_
Time
AU
2^/
Liabilities to
banks'
ShortOther
own
imn
term U.S. liabil- foreign
Treasury
ities
offices
obligations
18j_
_ilL
jm
Liabilities to
dl
other foreigners
1
'
Deposits
Demand
Time ^/
Shortterm u.^.
U.S.
Treasury
obligations
[ID-
jm
till.
Other
Negotiliabiliidut
able
ities
CD's
held
for all
for-
eigners
(i^)
Europe:
Austria
Bel gi um-Luxembourg
Bulgaria
Czechoslovakia
Denmark
Finland
France
German Democratic Republic
Germany
Greece
Hungary
Italy
Netherlands
^o^way
Poland
Portugal
Romania
Spain
Sweden
Switzerland
Turkey
United Kingdom
U.S.S.fl
Jugoslavia
Other Eu rope
Total Europe
Canada
674
3,059
656
19
2. 791
268
43
43
31
31
583
375
9,013
158
3,661
609
179
6.985
4. 606
1.469
45
319
79
1.684
1 336
573
373
.
30,258
333
56,719
27
506
5.951
17.211
.
Other Latin America
and Caribbean
3,310
238
4,933
402
136
3,906
408
156
2
155
1
61
3,424
603
237
5
2,179
472
1,245
132
440
66
177
2
172
5
6,930
4,452
1,456
45
302
54
155
2,823
2,449
479
38
293
4,107
2,003
977
164
313
233
79
71
7
1,678
1 . 334
29,968
333
55.605
23
506
5.917
1,587
552
7,528
330
91
16.467
4,148
49.803
2.807
3,418
28,082
1.609
1.610
10
670
758
109
9,693
3,571
6, 100
1.202
269
1.U5
8,377
3.308
128.354 126.660
Asia:
China:
Mainland
Taiwan
Hong Kong
India
Indonesia
Israel
191
3.854
6. 763
724
621
190
3,852
6. 599
718
621
i ppi nes
ngapore
Syria
Thailand
Other Asia
859
18.240
1,483
236
218
403
180
1
7, 190
26
585
13.165
13.134
Total Asia
55.739
54.891
459
459
Japan
Korea
Lebanon
Malaysia
Pakistan
Phi
1
SI
.
Africa:
Egypt
Ghana
Li berl a
Morocco
South Africa
Zaire
Other Africa
850
17,660
1,477
235
218
367
1 , 180
7, 182
26
581
37
37
376
84
531
376
84
516
34
34
1.604
1.598
Total Africa
Other countries:
Australia
All other
5,305
Total other countries..
Total
foreign countries
International and regional:
Internati onal
European regional
Latin American regional...
Asian regional
African regional
Middle Eastern regional...
Total international
and regional
Grand total
4.
674
4,674
73
73
515
lUO
445
100
3
171
56
143
28
29
82
69
174
Total Latin America
and Caribbean
289
875
8.839
128.702 126.293
Latin America and Caribbean:
Argent i na
4, 283
Bahamas
50,068
Bemuda
2,951
Brazil
3,428
British West Indies
28,759
Chile
1,610
Colombia
1,614
Cuba
10
Ecuador
670
Guatemala
758
Jamaica
109
Mexico
10.006
Netherlands Antilles
3,605
Panama
6 1 32
Peru
1,223
Trinidad and Tobago
270
Uruguay
1.115
Venezuela
8.443
366
1.915
43
30
3
14
14_
5,378
5,308
344,020 338,210
13
49,779
7
8
782
22.439
3
5,827
23
483
3,473
81
25
52
35
215
182
573
153
647
192
1,074
19
121
2
38
70
1,076
396
130
3.598
113
78
977
696
130
3,915
1.373
612
7
12
54
25
9
1,586
80
1,828
143
341
65
10
933
28
590
450
500
6
776
860
66
1
161
8
108
30
286
247
1
1
68
65
175
173
63
30
124
2,858
79
87
113
589
7
32
17
112
28
1,734
692
14,224
8,133
1,489
19
24
21
14
110
295
7.886
66
8,201
228
80
1,886
12
4
34,821
347
142
19
2
14
2
1
23
134
19
127
2.444
1.120
803
3,799
895
19
Memorandum
25
CAPITAL
Section
II.
- Claims on Foreigners Reported
Table CM-ll-1.
-
45
MOVEMENTS
by
Banks
in
the United States
Total Claims by Type
[Position at end of period In milMons of dollarsj
Calendar
year
1961
1980
Deer
1962
Mar.r
June
r
Sept.r
Oec.r
Type of claim
Total
claims
203,866
293,492
326,815
366,081
38;, 304
404,387
198,698
287,541
320,571
359,265
380,448
396,004
172,592
20,882
251.573
31,260
279,111
34,291
318,258
40,126
343,068
42 811
356,694
45 409
8,254
41.914
65,084
36,459
23,365
51,322
96,653
48.972
29,557
59,506
101.846
53.909
38,106
65,846
115,742
58,439
42,709
71,116
126,786
59,646
77,153
127,448
61,504
26,106
35,968
1,378
41,460
41,007
1,352
1,174
37,380
1,015
40 310
885
15,574
9,648
26,352
8,238
32,677
7,431
32,513
7,320
29,248
7,117
30,763
7,056
5,168
4,206
5,951
4,980
6,244
5,300
6,816
5,695
6,856
6,350
8,383
7,707
962
971
944
921
506
676
637
.
63,402
62.171
1,231
91,865
89,471
2.394
118,613
115,632
2.981
134,230
131.104
3,126
144.388
140.534
3,854
155 255
167
-
151,174
4,081
163*788
3i873
Customer liability on acceptances
22,714
29,952
30,952
33,410
35,718
38,338
35,153
34,811
Claims with remaining
maturity of 1 year or less:
On foreign public borrowers
On all other unaffiliated
foreigners
10,730
15,671
17,313
20,042
20,795
22 282
22 294
23 070
72,585
101,062
118,301
133,439
143.753
151,734
152,373
151,801
Payable
in
dollars
Banks' own claims on foreigners...
foreign public borrowers
Unaffiliated foreign banks:
"^posits
""'^''
„
Own foreign offices
All
other foreigners
Claims of banks' domestic
customers
deposits
Negotiable and readily
transferable instruments
Collections and other
Payable in foreign currencies
Banks' own claims on foreigners...
Claims of banks' domestic
^"^tomers
Memoranda
Claims reported by IBF's W
Payable in dollars
Payable in foreign currencies
44
421.
180
2,491
684
:
Claims with remaining
maturity of more than 1 year:
On foreign public borrowers
On all other unaffiliated
foreigners
661
10,152
15,589
16,979
20,082
22,016
23
127
24 693
26
14,041
22,608
24,674
28,951
29,719
31,104
31,113
31,257
170
,
.
46
CAPITAL
Table CM-ll-2.
MOVEMENTS
-
Total Claims by Country
[Position at end of period 1n millions of dollars]
Calendar
yea r
1981 r
Eu rope:
Austria
Bel 91 um-Luxembourg
Bulgaria
Czechoslovakia
Uenma rk
206
nUnd
Fi
France
berman Democratic Republic
(jermany
Greece
Hungary
Italy
Netherl ands
Norway
Pol and
Portugal
Roman a
i
Spa in
Sweden
Switzerland
Tu rk ey
United Kingdom
U.S.S.R
Yugoslavia
Uther Europe
Total Europe
Canada
Latin Ameri ca and CartObean:
Argentina
Bahamas
Bermuda
Brazi 1
Br i ti sh West Indies
Cnile
Co ombi
I
a
Cuba
Ecuador
Guatemala
Jama ca
1
Meni CO
Netherlands Antilles
Panama
Peru
Trinidad and Tobago
Uruguay
Venezuel a
Ot her La 1 n Amer ca
and Ca ri bbean
1
,
i
Total Lat i n America
and Caribbean
As
1
a:
China:
Mainland
Taiwan
Hong Kong
India
Indonesi
Israel
,
a
Japan
Korea
Lebanon
Ma laysi
a
Pakistan
Phi
1
1
ppi nes
Si
ngapore
5y
r
i
a
Thai land
Oil-exporting countries
Ut her As
i
Total As
\_/
a
i
a
Africa:
Eyypt.
Ghana
Liberia
Morocco
South Af
Za
1
,
ri
ca
,
re
-export ng countries
Other Af ri ca
Ui
1
i
Total Africa
2_/
,
Other countries:
Austral a
Al
other
i
,
1
Total other countries
Total
foreign countries...
International and regional;
International
European regional
Latin American regional....
Asian regional
African regional
Middle Eastern regional....
Total i nternat ona
and regi onal
i
brand total
1
1981
Dec.
Sept .r
1
CAPITAL
Table CM-II-
3.
-
Total Claims
47
MOVEMENTS
on Foreigners by Type and Country Reported by Banks
in
the United States, as of
CPosition at end of period in millions of dollars]
Report ng banks
alms of banks'
domest c customers
CI
'
1
Count ry
Total
banks'
Total
claims
claims
(2)
Claims on
forei gn public
borrowers and
unaffiliated
foreigners
(3)
Eu rope:
Austria
Belgium-Luxembourg
Bulgaria
Czecbosl ovak a
Denmark
Finland
France
German Democratic Republic.
Germany
Greece
Hungary
395
6,226
i
1
l|o82
9,773
204
799
1
716
929
8,181
"sly
Netherlands
Norway
Poland
Portugal
Romania
Spain
Sweden
Switzerland
Turkey
United Kingdom
U-S.S.R
fugoslavia
Other Europe
Total
Europe
22
93
144
1,559
'672
438
869
110
3,506
3,114
2,030
'605
68 624
487
1,647
390
114.516
Canada
386
6,071
336
4,448
21
19
89
1,096
958
89
1,065
868
7,264
170
8,255
203
1,693
638
925
7,718
1.307
659
429
851
103
730
554
861
6,708
1,060
652
425
846
86
2,920
2,852
1,017
568
3,300
2,880
1,806
590
47,699
29,063
373
1,465
363
373
1,227
242
89,876
64,444
11,260
62,477
469
23,418
33,125
5,171
3,603
10,567
6.520
419
20,967
9,148
5,138
3,548
2,039
1,939
87
204
31,822
468
5,115
2,609
225
21,735
Latin America and Caribbean:
Argentina
Bahamas
Bermuda
11,442
63^689
Brazil
British West Indies
Chile
Colombia
Cuba
Ecuador
Guatemala
Jamaica
Mexico
Netherlands Antilles
Panama
'"u
Trinidad and Tobago
Uruguay
Venezuela
Other Latin America
and Caribbean
Total Latin America
and Caribbean
As
i
475
23,929
33,872
5,242
3,663
2
2,131
129
224
90
207
32,471
530
32,641
558
9,086
2,680
260
842
11,156
9,026
2,628
227
820
10,870
084
1.926
2,
204, 108
a:
187
2,059
8,054
India
265
Indonesia
59I
Israel
2,266
29.665
9,605
Japan
Korea
Lebanon
Malaysia
Pakistan
Philippines
Singapore
Syria
Thailand
Other As a
95
806
211
2,881
3,927
40
851
5,509
i
Total Asia
66,913
Africa:
Egypt
Ghana
Liberia
447
23
779
496
Morocco
South Africa
2,407
ilaire
'
Other Africa
2
Total Africa
Other countries;
Australia
All other
1,828
656
Total other countries
Total
82
192
6,425
foreign countries ....
International and regional:
International
European regional
Latin American regional
Asian regional
African regional
Middle Eastern regional
Total 1 nternat ona
and regional
2,484
416.181
156
30
20
7
18
i
Grand total
230
416,411
1,671
112,056
China:
Mainland
Taiwan
Hong Kong
788
10,821
171
i
Cust omer
On
June 30, 1983
own
foreign
offices
payabl e
in foreign
on accept-
currencies
ances
liability
48
CAPITAL MOVEMENTS
Section
III.
- Supplementary
Liabilities
and Claims Data Reported by Banks
in
the United States
-
Dollar Claims on Nonbank Foreigners
[Position at end of period in millions of dollars]
Table CM-ill-1.
Dollar claims of U.S. offices
U.S. agencies
and branches of
claims of
a r
U.S. -based banks'
major foreign
forei9nbanks_l_/
branches^/
Del
End of calendar
Total dollar
claims on non-
yearormonth
bankforeigners
(1)
1979
1980
1981
1982
r
1982-Aug.
Sept.
Uct.
Nov.
Dec.
r
r
r
r
r
1983-Jan.
r
Feb.
Mar.
Apr.
May
r
r
r
June
July
Aug.
_!_/
2/
p
p
U.S. -based
banks
(2)
(3)
1
(4)
116,809
136,912
166,730
186,709
23.824
28,751
43,656
64,543
21.651
28,653
36,645
42.370
71,334
79,608
85,429
79,796
181,276
182,650
183,554
183,076
186,709
187,161
187.599
187,448
188,336
188,725
190,655
193,581
195.446
59,113
60,253
61,697
62,334
64,543
65.074
64,628
65,805
66,088
66,351
68,900
69,526
70,824
41,707
42,205
41,441
41,315
42.370
41,945
42,668
42.310
42,166
42,336
42.839
43,224
43,322
80,456
80,192
80,416
80,427
79,796
80,142
80,303
79,333
80,082
80,038
78,916
80,831
81,300
Beginning Oecember 1981, includes International Banking Facilities (IBF's)
established by foreign-based banks,
Federal Reserve Board data.
.
1
49
CAPITAL
Table CM-lll-2.
in
-
MOVEMENTS
Dollar Liabilities
to,
and Dollar Claims on, Foreigners
Countries and Areas Not Regularly Reported Separately
[PosHton at end of period in millions of dollars]
Total
liabilities
Total
Calendar year
1980
Other Europe:
Cyprus
Iceland
Ireland
Monaco
32
,.
.
.
Other Latin America and Caribbean:
Barbados
Belize
Bolivia
Costa Rica
Dominican Republic
El Salvador
French West Indies and
French Guiana
Guyana
Haiti
Honduras
Nicaragua
Paraguay
Sunname
Other Asia:
Afghanistan
Bangladesh
Brunei
Burma
Jordan
Kampuchea (formerly Cambodia)...
Macao
Nepal
Sri Lanka
Vietnam
Vemen (Aden)
Yemen (Sana)
Other Af ri ca:
Angola
Burundi
Cameroon
Ethiopia, including Eritrea
Gu
i
nea
Ivory Coast
Kenya
Madagascar
Mauritania
Mauritius
Mozambique
Niger
Rwanda
Sudan
Tanzania
Tunisia
Uganda
Zambia
Al
••
other:
New Hebrides
New Zealand
Papua New Guinea
U.S. Trust Ter r tory of
the Pacific Islands
1
i
1981r
Ca
June
p
banks'
enda
r
own claims
year
June
p
::
50
CAPITAL MOVEMENTS
Section
-
IV.
Liabilities to,
and Claims on, Foreigners Reported by Nonbanking Business Enterprises
Table CM-IV-1. - Total Liabilities and Claims by Type
[Position at end of period in mllHons of dollars]
Calendar year
1982
Sept.
Type of liability or claim
Total
1
iabi
1
ities
Payable in dollars
Financial
Commerci a
Trade payables
Advance receipts and other.
1
Payable in foreign currencies..
Financial
Commerci a
Trade payables
Advance receipts and other.
1
Total
claims
Payable in dollars
Financial:
Depos its
Other
Commerci al
Trade receivables
Advance payments and other.
Payable in foreign currencies..
Fi
nanci a
Oepos its
1
:
Other
Commerc al
Trade receivables
Advance payments and other.
i
17,433
in
the United States
1983
r
Dec.
r
Mar,
June
p
1
.
.
CAPITAL
CM-IV-2. -
Table
51
MOVEMENTS
Total Liabilities by Country
[Position at end of period in millions of dollars]
Ca
Country
1
endar year
1982
Sept.
r
Oec.
r
Har.
June
937
843
Eu rope:
Austri a
Be y um-Luxembou
Bulgaria
Czecrios ovak a.
Uenma rk
475
1
1
Fi
i
nUnd
France
be r man Democratic
It::'"'
lireece.
7""9ary
Italy
Netherlands
Norway
Hepubli
»?'
'."5
1.2"
1.036
896
*
1
10
9
2
29
10.586
355
637
24
rkey
Other Europe
Total
Europe
20
23
25
7,018
8,371
10.883
883
927
p
52
CAPITAL
Table
CM-IV-3. -
Total Liabilities by
MOVEMENTS
Type and Country, as
of
June 30, 1983, Preliminary
[Position at end of period in miUions of dollars]
Financial
1
iabi
1
i
ties
Total
Commerci a
iabtl ities
1
liabilities
Country
1
Total
(1)
Payable
in dollars
Payable
in foreign
currencies
(2)
tu rope:
Austria
Belgiuni'Luxembourg
Bulgaria
Czechoslovakia
11
11
22
434
428
41
1
Denmarlt
Finland
France
German Democratic Republic
Germany
Greece
Hungary
14
12
5
5
6
1.311
697
509
614
843
417
294
426
37
3
3
34
1
13
1
1
2
Italy
492
1,070
117
Netherlands
Norway
Poland
Portugal
1
*
24
2
728
684
31
31
36
IS
2
30
58
145
67
952
Romania
Spain
Sweden
Switzerland
Turl(ey
27
3
2
595
ISB
58
109
64
357
2.576
621
S
United Kingdom
U.5.S.R
Vugoslavia
Other Europe
Total
34
475
8
3,671
3
3
19
22
Europe
Canada
Latin America and Caribbean;
Argentina
tlahamas
695
Bermuda
111
83
Brazi
1
British Mest
Indies
945
Chi le
70
694
35
34
924
53
89
Colombia
3
34
921
8
38
Cuba
*
Ecuador
Guatemala
Jamaica
Mexico
Netherlands Antilles
Panama
Peru
Trinidad and Tobago
Uruguay
Venezuela
Other Latin America and Caribbean
Total
70
657
41
23
16
19
16
19
7
4
4
542
187
7B
46
151
151
180
56
180
71
9
9
8
2
2
12
10
124
63
10
344
100
Latin America and Caribbea
119
62
2.453
Asi a:
Chi na:
Mainland
Taiwan
Hong Kong
India
Indonesia
71
169
108
41
181
127
Israel
Japan
Korea
Lebanon
Malaysia
3
62
2
1
1,985
307
2
1
U
461
6
78
8
Paki Stan
Philippines
Singapore
Syria
Thailand
uther Asia
44
1
1
2,482
106
82
Total Asia
5,825
64
211
95
1
1
17
171
Total Africa
Other countries:
Australia
Alt other
Total other countries
Total
foreign countries
International and regional:
International
European regional
Latin American regional
As Ian regional
African regional
Middle Eastern regional
Total international and regional.
,
Grand total
Less than $500,000.
6
6
84
84
4
Africa:
Egypt
Ghana
Liberia
Morocco
South Africa
Zaire
Other Africa
*
3
62
38
32
CAPITAL
53
MOVEMENTS
CM-IV-4. -
Table
Total Claims by Country
[Positi on at end of period in millions of doHars]
Calendar year
Country
Sept.
urope:
Austria
38
C2echoslovaki a
wi,Ei.iiu]iuvaKIO
8
Q
7
y
o
g
""u^S;:;;::;;:;;:::;:;--
J?
H
n
ZZ^-i;^;i;ii;rii;:iu^
'?„'
'•'^'
r^l
'r^l
ie?iiH»;;:::::::::::;:::
^%
,.
";
^;
;'
Norwj.
Nor.j,
ji
2?
ll
Pound
Portugal
Ko.anL
?:^i=^:;::::::::::::::::::
Uzerland
"S.S.R....
Other Europe
'""°P^
;
"
'•"
4
^t?
l^,
22
V?
?^^
29?
"jj
055
;H
'III
,„
30
"3
''""g
Tn
60
'}\
"
^^?
369
?
348
J«8
''
137
H
H
|2
|?
£
3
„„„
'11
„?'
^''''j
".1
45
.
'
33
';
^.'S
".l
48
"
n
16
10
20
At
'
r
"°
'"
e^?
^11
^^'
"'
»'
"
^"
'"
347
127
"^
mo
449
»'
328
127
43
'^
i
51
i
"5
'"',
,
^
'
"
,
'"l
.>;:ce!;:;;;;:;:;:;;:
".•.:....•...•...•.:
Turkey
United Kingdom
,
378
In
35
«'
,,
41
75
^^
-'
-,i„
37
if!
Hi
351
28
446
''
33
38
29
4. '52
4.869
4,738
6.054
7.143
!?
?8
120
487
.
74
325
350
:
54
CAPITAL
Table
CM-IV-5.
MOVEMENTS
Total Claims by Type
and Country, as of June 30, 1983
[Position at end of period
i
1
1
ions of dollars]
Financial claims
Total
c
1
a
ims
(1)
Totai
financial
c I aims
Denomi nated
Denomi nated
i n
do1 lars
foreign
currencies
in
Commerc
claims
(2)
Europe:
Austria
Bel gi um-Luxembourg
Bui gari
a
Czechoslovaltia
Denmark
Finland
France
German Democratic Republic.
(ie
3
12
10
20
27
38
632
Greece
Hungary
Italy
Netherlands
Norway
Poland
Portugal
Romania
18
3
11
144
17
12
27
21
2
17
137
127
10
495
217
174
42
358
3
3
74
13
66
136
40
53
125
401
242
56
40
42
7
7
575
78
13
467
378
96
40
83
rma ny
Spai
21
156
41
1
192
93
350
29
7.143
25
76
29
12
12
153
69
3.147
103
48
2,963
11
11
n
Sweden
Switzerland
Turkey
United Kingdom
U.S.S.R
Yugoslavia
Uther Europe
Total Europe
43
5
*
6,239
167
25
Canada
Latin America and Caribbean:
Argentina
Bahamas
Bermuda
Brazi
1
British West
Indies
Chi le
Colombia
Cuba
Peru
Trinidad and Tobago
Uruguay
Venezuela
Uther Latin America and Caribbean.
Total Latin America and Caribbean
i
42
18
69
3,135
12
101
2
48
2.962
42
14
1
Ecuador
Guatemal a
Jamaica
Mexico
Netherlands Antilles
Panama
As
3,176
210
557
2,984
96
160
95
47
83
31
11
31
69
1,299
348
65
345
26
317
92
26
13
425
531
10.291
U
9
9
173
48
173
47
3
1
3
3
152
342
110
326
7,577
a
China:
Mainland
Taiwan
Hong Kong
India
Indonesia
Israel
Japan
Korea
Lebanon
Mai aysi
a
Pakistan
Philippines
Singapore
Sy
r
1
a
Thai land
Other Asi
a
Total Asia
Africa:
Egypt
Ghana
Liberia
Morocco
South Africa
Zaire
Other Africa
32
197
114
101
186
266
1.079
260
40
43
12
61
1
7
144
1
2
•
2
14
14
12
8
8
366
122
103
foreign countries....
international and regional.
14
62
60
i
Total
35
185
203
118
794
Total other countries
Grand total
2
35
185
225
118
3.467
Other countries:
Austral a
All other
Total
1
16
3
12
47
Total Africa
International and regional:
international
European regional
Latin American regional
Asian regional
African regional
Middle Eastern regional
2
21
17
77
203
2
94
14
1
180
56
303
29
737
42
16
i
a
I
55
MOVEMENTS
CAPITAL
- Transactions in Long-Term Securities by Foreigners Reported by Banks and Brokers in
Table CM-V-1. - Foreign Purchases and Sales of Long-Term Domestic Securities
by Type
Section V
[In millions o' dollars^
negative figures indi c ate net sales by foreigners or
Treasury bonds and notes
"^'•I'etable
net outflo» of capital
a
U.S. Gov't corporations
and federally sponsored
"et foreign purchases
the United States
from the United States]
Corporate and other secur ities
'
agencies
Bonds 1/
"
stocks
Fore! qn countries
"",'
Interna- Gross
foreign Gross
""""
foreign
.
tutions
eigners gional
chases
sales
r,,„„.,
,1,"
^r
or l„,h
month
„
T
,
,
Total
"'
,
"?
'"" '"'
fi
Vr.V,,
(^'
C)
13)
J'"
2.863
1,697
868
\Z",
«"'
'-T,
15.054
,f-?r,
11.730
2.229
?•;••
\lll
1983-Jan-Septp 'l-'ili
5,140
1982-Sept
Oct.r..
2.341
1.703
nVr-'-1983 J^''"
19a3-Jan.r..
Feb.r..
Mar.r..
•
8
10
114
ill
11
;V.
715
iV
-",1
'^•"^
'•""
"•""
'•'*'
-"5
1.552
-312
-13
-646
1,655
9,431
10,226
12,569
"^•'"
-146
-90
-196
^•"'
1,715
'•"''
-965
-524
1,204
13,979
8,660
9,632
9,961
^-"'^
11,350
641
,
-a
34
966
"'
dollars;
^^'
,
7
630
9.710
8.587
112
""'"'•'
4
722
43
910
Oata include transactions
,
5.519
9
9
798
152
1.500
0,'f
-914
-885
-23
nVlT,y"
"
545
2.557
1.566
1358
-635
1.315
Table
,.
(9)
-''°°
\-lV.
,674
-1,350
1,147
of
(8)
2.292
'l-l""
1.533
tl^
879
[1" millions
(7)
'•'"
'-S"
^^'
34
-
299
-841
1.096
(6)
41,267
51.170
68.459
«5.952
95.993
,-Ji
2,628
May
_!_/
77 f
594
2,6U8
^''•"?'•••
July...
Aug. p..
Sept. p.
^^il
,
(5)
Net
Gross
Net
foreign foreign Gross
foreign
purpurforeign purchases
chases
sales
chases
59
-34
22
-60
46
7,369
6,885
-222
"
-20
'"•"'
''''
-"
6.431
12,784
13,530
8,105
14,133
12:383
-49
42
-201
CM-V-2. -
r-;---
974
65
064
(11)
594
10.014
10.649
2,879
3
467
l.lll
600
1.020
1,280
003
1
>""
1.080
1,235
225
1
159
-45
45
'-"3
1.157
063
1,360
'-^O^
1.120
842
762
1,199
i:305
1.304
153
556
113
1
1
140
-909
811
1
167
l5 47
1
3
(13)
362
2
674
2'824
4 208
!
/
(12)
758
3
-104
295
338
973
813
976
927
4.296
4.400
972
ill
5:l46
5 190
5 677
6"24
4,87
4 377
5333
69
5946
4357
6163
5350
149
''3
2fin
fi
fi25
I'^ii
652
839
485
560
1049
1164
145
59
297
189
863
950
1,069
1
338
'704
677
942
583
5
1.207
629
055
978
791
7
8
891
772
"
1
-ges
48:521
5
I
7
'870
3
091
6'
•'si
39
5758
?"
399
5:5^4
.
foreign
purchases
of foreign
securities
Net
foreign
purchases
Gross
foreign
purchases
-3,999
"^•"'
-l.J"!
-5, 460
-'.S't
"^-"^
"I'L^I
-6,063
12'"^
1'.090
17,553
"•«"
-2,616
26,362
-1,141
-1,331
-450
-368
3.081
3.058
2.957
2,953
2,879
3,509
net outf1o» of capital
—
Gross
foreign
sales
C)
-l-l'^
-5.'5'
a
16.560
18.090
23,013
36,445
28.979
from the United States]
Forei gn
stocks
^
Net
foreign
purchases
Gross
foreign
purchases
(5)
(6)
-817
4,617
Gross
forego
sales
(7)
5 434
lo:o44
9 586
-2,148
7897
-247
-1,341
-3:447
339
163
7
9:921
-160
-308
-738
-277
-321
545
706
1
771
1509
923
031
"200
352
9
8
504
13:368
'
1^82-Sept
""
.•^°'
,„„""'"
l'"-'"-'-
Fo6.r
"^y
Ji"le
July
«"9-P
-1,301
-;.639
-1.188
-6J5
-300
-502
-1.479
-520
-706
-677
22
-281
-838
127
-219
-463
2,655
3 220
2,534
2
70
4.223
4
389
3.408
3,321
2,857
1
I
5198
5 la?
5:1"
SI
Foreign Purchases and Sales of Long-Term Foreign Securities by Type
Foreign bonds
na
m'942
H-Jol
-105
-187
USOe
i
3'976
illg]
1
103
99
31
iilii
1.366
1.584
100
24
7bi
4n'fi«6
'991
-129
22
4o'298
j'Ml
1
fi7g
1
(15)
fi3n
7:915
1
(14)
Itll
A.Sot
1
ative figures indicate net sales by foreigners or
(1)
\lil
III"
\lll
1983
1983-Jan-Sept.p.
(10)
Net
Gross
foreign foreign Gross
purpurforeign
chases
chases
sales
issues of States and municipalities.
in
nefl
38,404
273
63,405
78 675
90,851
46
Gross
foreign Gross
purforeign
chases
sales
705
014
a
1
:
1
56
CAPITAL
Table
ilHons
CM-V-3. -
Net Foreign Transactions
in
MOVEMENTS
Long-Term Domestic Securities by Type and Country
negative figures Indicate net sales by foreigners or
of dollars;
Marketable Treasury
bonds and notes
U.S. Gov't corporations
and Federal agency bonds
a
net outflow of capital
Co rporate bonds
from the United States]
Corporate stocks
1983
CalendarJan.
year
1982
r
July
Calendar Jan.
July
Calendar Jan.
July
CalendarJan.
July
through through year
through through year
through through year
th rough through
Sept. p Sept. p 1982 r
Sept. p Sept. p 1982 r
Sept. p Sept. p 1982 r
Sept. p Sept. p
Eu rope;
Austria
Belgium-Luxembourg
Bulgaria
Czechoslovakia
Denmark
Finland
France
German Democratic Sepublic
Germany
Greece
Hungary
36
-96
61
82
'110
-1
5, 326
12
Italy
9
Netherlands
Norway
Poland
Portugal
Romania
Spain
Sweden
Switzerland
Turkey
United Kingdom
U.S.S.R
Yugoslavi a
Other Europe
763
259
'
3
34
,
693
-160
Total Eu rope
Canada
n Aner ca and Caribbea
Argent na
Bahamas
Bermuda
Lat
1
1
i
Brazi
1
British West Indies
Chi le
Col ombt
Cuba
Ecuador
Guatemal
Jama ca
a
)
Mexi CO
Netherlands Antilles....
Panama
Peru
Trinidad and Tobago
Uruguay
Venezuel
a
.
Ot her Latin Amer
1
ca
and Caribbean
Total Latin America
and Caribbean
Asi
340
a:
China:
Main! and
Taiwan
Hong Kong
Indl
a
Indonesl
Israel
Japan
Korea
a
Lebanon
Malaysl a
Pakistan
Phi Ipplnes
Si ngapore
Syria
1
Thai
I
,
,
and
-export ng countries
Other Asi a
01
1
Total Asi
_1_/
a
Africa;
Egypt
Ghana
Li beria
Morocco
South Af
r
1
ca
Za1 re
1-exporting countries
Other Africa
Ui
2_/
Total Africa
Other countr es
Austral la
All other
1
Total other countries....
Total
foreign count
ri
es.
.
International and regional:
International
European regional
Latin American regional...
Asian regional
African regional
Middle Eastern regional..
.
53^
18,378
-1,452
5
346
^
Total i nternat i ona
and regional
-1. 100
Grand total
17.277
621
CM-V-4 -
Table
57
MOVEMENTS
CAPfTAL
Foreign Purchases and Sales of LjongTerm Securities, by Type and Country,
During Third Quarter 1983, Preliminary
[In mi Mons of dollars ]
Gross purchases by foreigners
Gross sales by
1
C
unt
Domes t ic securities
Marketable
Bonds
Treas- of U.S.
ury A
Gov't
Federal corp.
Financ- and fed- Corporate
ng
eral ly
8 other
Total
Bank
sponpurbonds A sored
chases notes
agencies Bonds Stocks
ry
foreigners
Oomestic securities
Marketable
Bonds
Treas- of U.S.
ury 8
Gov't
Federal corp.
Financ- and fed-
i
(M
(2)
(i)
(3)
(S)
i
Bonds Stocks
(7)
(6)
ng
(8)
Corporate
era
Bank
Total bonds
sales notes
8
t ly
8 other
sponsored
agencies Bonds Stocks
(10)
(5)
(U)
(12)
Foreign
securities
Bonds Stocks
(13)
Europe:
Austria
Belgi um-Luxembourg
145
1.036
34
356
Bui garta
Czechoslovakia
Denmark
Finland
France
German Democratic Republic
Germany
Greece
""ngary
Italy
197
165
842
403
54
2.826
1,141
294
43
5
883
1,364
7
1.398
473
1
2
211
70
1
357
189
183
879
1,911
107
1
823
537
1
7
63
886
62
23
225
3
1
79
Nether ands
Norway
Poland
Portuga
Romania
10
832
100
1.048
769
163
6
104
22
46
393
24
164
1
2,654
1,255
29
2
1,680
986
143
793
22
131
449
23
28
4
1
314
3
21
140
I
Spa in
Sweden
Swi tzerl and
31
2
181
2
22
35
21
232
3,278
272
4,710
Turkey
Dm ted
Ki
781
1
4,538
920
5
66
147
68
ngdom
U.S.S.B
fugos lavta
Other Europe
2
3,807
b
3
45
172
32
4,174
55
571
10
1
7
253
57
731
15,385
2,912
162
57
.466
979
673
3.507
4.958
2
313
32
17
Total Europe
Canada
139
Latin America and Caribbean
Argentina
Bahamas
28
5S5
Be rmu da
Bra;i
1.536
1
British West
Chi le
Co ombi
I
Indies
a
Cuba
Ecuador
Guatemal a
Jamaica
Mexico
Netherlands Anti
Panama
71
I
les
Peru
Trinidad and Tobago
Uruguay
Venezuel a
Other Latin America
and Caribbean
Total
and
Latin America
Can bbean
".....
298
609
1,994
712
(14)
58
MOVEMENTS
CAPITAL
CM-V-5. -
Table
Foreign Purchases and Sales of Long-Term Securities, by Type and Country, During Calendar Year 1982
[In millions of dollars]
Gross sales by foreigners
Gross purchases by foreigners
__^
Domestic securities
Domestic securities
MarketBonds
able
Treas- of U.S.
Marltet-
able
Treasury A
Federal
Financ-
Country
ing
Bank
bonds
chases notes
Total
pur-
Europe:
ustria.
Belgium-Luxembourg
Bulgaria
Czechoslovakia
Uenmark
Finland
France
German Democratic Republic
Germany
Greece
unga ry
U.S.
Gov't
Corp.
and fedof
ury
erally
sponsored
agencies Bonds Stocks
(3)
Gov't
&
Federalcorp.
Corporate
A other
(4)
Foreign
securities
Bonds Stocks
(6)
(5)
Financ- and fed- Corporate
erally
ing
* other
sponBank
Total bonds i sored
agencies Bonds Stocks
sales notes
(81
(7)
(10)
(9)
(11)
90
•
3b
97
31
5
7 7
1.982
18
125
748
533
71
227
4.372
-
-
-
-
-
-
-
*
-
-
-
-
"
.-!-•
253
703
146
46 5
8
16
10
259
3.4
A
{2)
(1)
Bonds
-
-
319
673
6.124
207
2
-
-
•
22
29 7
4
21
52
1,477
20
906
2.439
990
293
6,088
1.066
28
603
1.85 7
98
668
2
33
8.384
4,4 52
155
1.3 70
*
386
3,2 56
13
6
3
26
2
21
8
7
1
2
-
(13)
(14)
105
35
U
809
1.U71
104
"
15
7
Bonds Stocks
'
'
'
--11'
177
-
1
9.7 78
1
6
-
14
2
148
865
69
6
8
54 8
16.178
.
-
54
2.07
(12)
Foreign
securities
23
100
2,581
1.52
5
•
.
.
2
53
15
119
1.301
508
599
283
6
2
1
FOREIGN CURRENCY POSITIONS
Background
Data have been collected since 1974 on the foreign currency posUions of
banks and nonbanking firms in the United States, and on those of foreign
branches, majority-owned foreign partnerships, and majority-owned foreign
subsidiaries of U.S. banks and nonbanking firms.
Reports cover five major
foreign exchange market currencies and U.S. dollars held abroad.
Reporting
has been required pursuant to title II of Public Law 93-110, an amendment to
the Par Value Modification Act of September 21,
1973, and implementing
Treasury regulations.
Statistics on the positions have been published since
March 1977 beginning with data for December 1975.
report forms and instructions used In the collection of bank data
were revised effective with reports as of March 16, 1983, for the weekly
reports.
The most recent revision of the nonbank foreign currency forms (see
below) became effective as of the last business day of March 1983.
The
Comnon Definitions and Concepts
The term "Uni ted States" means the States of the United States, the
District of Columbia, the Commonwealth of Puerto Rico. American Samoa, Midway
Island,
the Virgin Islands, and Wake Island.
The term "foreign" means
locations other than the "United States."
The term "worldwide" Is used to
describe the sum of "United States" and "foreign" data.
Data for the United States Include amounts reported by sole proprietorships, partnerships, and corporations in the United States including the
U.S. branches and subsidiaries of foreign nonbanking concerns, in the case of
"nonbanking firms' positions," and the agencies, branches, and subsidiaries
lo jted in the United States of foreign banks and banking
institutions, in
the case of the weekly "bank positions."
Data for "foreign branches" and "abroad" include amounts reported by the
branches, majority-owned partnerships, and majority-owned subsidiaries of U.S.
banking and nonbanking concerns.
In general, these data do not reflect the
positions of foreign parents or foreign parents' subsidiaries located abroad
except
through
intercorrpany
accounts.
The
data
incl ude
the
foreign
subsidiaries of a few foreign-owned U.S. -based corporations.
Assets, liabilities, and foreign exchange contract data ire reported on
the basis of time remaining to maturity as of the date of the report,
regardless of the original maturity of the
...^
instrument
....,.„....., involved.
.^^.
^1
"Spot"
means
'•
due for receipt or delivery within
business
days from the date of the
report.
"Short-term" means maturing
1
year or less from the date of the
report.
'
"^
"Majority-owned foreign partnerships" are those organized under the laws
of a foreign country in which one or more nonbanking concerns or nonprofit
institutions in the United States, directly or indirectly, own more than 50
percent profit interest.
"Majority-owned foreign subsidiaries" are foreign
corporations in which one or more nonbanking business concerns or nonprofit
institutions located in the United States, directly or indirectly, own stock
with more than 50 percent of the total combined voting power of all classes of
stock entitled to vote, or more than 50 percent of the total value of all
classes of stock.
Reporting Threshold
The exemption level applicable to banks and banking institutions was $10
million equivalent through January 1982. when it was raised to tlOO million.
The exemption level applicable to nonbanking business concerns and nonprofit
institutions was $1 million equivalent on all nonbank forms from March 1975
through November 1976.
It was raised to $2 million equivalent on the monthly
reports of positions held in the United States from November 1976 through
September 1978.
The exemption level was raised to $3 million on foreign
subsidiary positions on June 30, 1977, and for positions held In the United
States on September 30, 1978.
The exemption level for nonbanking firms was
raised to SlOO million on positions In the United States In January 1982 and
on foreign branch and subsidiaries positions In March 1982.
Firms must report their entire foreign currency position in a specified
foreign currency if a specified U.S. dollar equivalent value is reached In any
category of assets, liabilities, exchange contracts bought and sold, or the
net position in the currency.
In general, exemption levels are applied to the
entire firm.
In reports on their foreign branches, majority-owned foreign
partnerships, and majority-owned foreign subsidiaries. U.S. banks and nonbanks
are required to report the U.S.
dollar-denominated assets, liabilities,
exchange contracts bought and sold, and net positions of those branches,
partnerships, and subsidiaries with reportable positions in the specified
foreign currencies.
Description of Statistics
Data collected on the Treasury foreign currency forms are published in
the Treasury Bulletin in seven sections.
The first section presents a summary
of worldwide net positions In all of the currencies reported.
Sections II
through VI each present data on a specified foreign currency.
Section VII
presents the U.S. dollar positions of the foreign branches and subsidiaries of
U.S. f rms which are required to report in one or more of the specified
i
foreign currencies.
59
60
FOREIGN CURRENCY POSITIONS
- Summary Positions
Nonbanking Firms' Positions
FCP-l-1.
Section
Table
I.
1/
foreign currency units,
except yen, which is in bill ions]
[In millions
Report
date
3/31/83
6/30/83
German
mark s
Canadian
dol
1
ars
Japanese
yen
(1)
54
10
-2,584
-252
Table FCP-l-2.
[In millions
British
pounds
Swi ss
francs
(3)
7.966
3,761
7,772
96b
8,
of
- Weekly Bank
U.S.
dollars 2/
(6)
471
3,302
3,788
British
pounds
U.S.
dol lars
493
Positions
U
foreign currency units,
except yen, which is in billions]
Report
date
Canadian
dol
1
ars
Ge man
ma rk s
(2)
1/05/83.
1/12/83.
1/19/83.
1/26/83.
-391
-483
-311
-240
2,285
2,315
1,576
rl.l27
of
Japanese
yen
Swi ss
francs
(5)
(3)
(6)
-189
-186
-187
-175
3,895
4,283
4,616
r4,318
r-123
r-47
r-113
-178
r4,476
r4,685
r4,038
3,916
r-609
-95
-426
r-66
r-126
r-185
3,698
4,320
r4,549
4,961
4,529
3,505
-425
2,099
1,951
-54
2,012
5
246
7
-13
67
48
-5
-60
-17
59
186
40
2/02/83.
2/09/83.
2/16/83.
2/23/83.
r-314
-378
-395
-414
r997
rl,436
rl,588
3/02/83.
3/09/83.
3/16/83.
3/23/83.
3/30/83.
-436
-368
r-196
r-23
r-136
1,475
1,959
r2,628
r559
496
4/06/83.
4/13/83.
4/20/83.
4/27/83.
174
4,744
1,122
5.665
259
254
31
-311
19
4.573
4,632
4,317
4.339
1.766
2,461
1.736
1,742
-1
-286
-516
-159
-605
-100
-95
-230
-181
4.581
3.898
4,733
4,563
-481
-738
-452
-152
24
-5
-no
-127
-100
4,671
4,540
4,804
4,438
4,443
-152
177
-126
5/04/83.
5/11/83.
5/18/83.
6/25/83.
-135
6/01/83.
6/08/83.
6/15/83.
6/22/83.
6/29/83.
-58
58
-152
-227
96
78
150
32
See footnotes following table FCP-VII-2.
1,327
1,518
1,101
1,085
1,316
1,808
16
42
-22
-27
-75
r-l
rl83
rl3
19
230
59
-44
-76
-64
-102
-41
62
-2
51
-321
-607
-431
r-860
-2
4/
61
FOREIGN CURRENCY POSITIONS
Section
II.
-
Table FCP-ll-1.
[In mi
Canadian Dollar Positions
- Nonbanking
1
1
i
Forward exchange
Short -term trade
1 1 1 on
at end
of month
Pos
Liquid
assets^/
(1)
1983 Jan
1983 Feb
Shortterm
debt 2.^
(2)
Other
Receivables 4/
(3)
Payables
(4)
Firms' Positions 1/
ons of dollars]
assets^/
5/
(5)
Other
liabilities 7/
(6)
(7)
Sold
(8)
Position
change
held by
rate 10/ offices in:
Ex-
"Net
Bought
position
(9)
9_/
(10)
1
62
;
FOREIGN CURRENCY POSITIONS
Section
III.
- German Mark
- Nonbanking
Table FCP-lll-1.
Positions
[In mill ions of marks]
"
1983 Jan
10U3
r:„k
1983 Feb
Receivables 1/
V
(1)
(2)
(3)
n.a.
n
a
n.a.
n.a.
n.a.
n.a.
n.a.
Other
6/
assets A'
Payables
,
Forward exchanae 8/
Short-term trade
Shortterm
debt 3/
Liquid
assets 2/
Position
at end
„f ™r,nth
month
of
U
Firms' Positions
i_l
(1)
,,„
60
lol
^
(7)
(6)
,„„
bus
2
c
'"
d.uji
position 1/
Sold
Bought
,
15
change
Position
held by
ra
of f
"^^
Other
liabil;"''
'ties ^z
0,,
8
291
,
t
e Ji^,
i
ces
i
n
(10)
(8)
(9)
3.017
4.874
^
^
2.4293 United States
2 .4198 Uni ted St ates
^^^^
Net
1/.V,6/
Assets
Date
Li
abH
i
t
,
es 1/
.V
Exchange bought
.1/
(6)
3
I'nla
b.uok
700
2'526
3,365
4.591
2.4278
2.4278
Abroad
United States
12,383
6_226
7.956
2.4278
Uorldwide
258
3*839
4.381
4,223
2.4615
2.5355
United States
United States
264
-409
4.170
2.5425
2.5425
Abroad
United States
3.761
2.5425
worldwide
,,.
.
,r,
„
4/29/83
5/31/83
1,698
1.379
2.815
3.588
6/30/83
42,437
496
44,271
2,898
SQQ
I'WV.
H.^^t
43,933
47,169
13,913
3
.n'i?!
1U,2/1
=
1
^AT^, IVuM".
(5)
,71
34,119
2.598
36,870
1,646
3/31/83
-IdU/posi-
Exchange
(4)
(2)
(1)
H/
Table FCP-lll-2.
-
rin mi
1
4
2'652
Weekly Bank Positions
n./
lions of marks]
World-
--— ig
states branch
(1)
(2)
-- ^jUin^^nU"
(3)
(4)
(5)
SiSl-(6)
^JUet
^"anir
^"dl^"
^"Ue^
(71
(8)
(9)
(10)
63,7,8 138.703 144.338
«6,733
73,06
63,414
283.04.
319,800
rlVM'.
kill rlklll rVdV.\?^el\r\ll:l^
rllkt)".
2/02/83..
2/09 83
3.656 r78.074 r81.730
r4 182 r76 576 r80.753
2,497 r65,026 r67,523 1" .273r 146 97
3.014 r60.979 l-^S.^Sr 51, 19r 58,108
r291.244
l^d^y.
l\lll "7»8:if5 ^2:^5°/
^,^0 'll-Ml 'IV:M \l\\lTAll:lll
3/02/83..
3.869
1/05/83..
/12 83
.
l^dH.
3.928
3 932
76,588
77,384
80.516
81,316
l-l\l
rlVM\
I'M'^-rl-lll
4/06/83..
4/13/83..
3.740
4
383
79.074
82,943
2.535
2,724
2.763
n-lll [lt:tn rl:ll^
78.323
81,779
61,263
60.690
62 042
61805
14 1, 809 .49.,6,
^^.l^^ r^^;^4°^;i^^.^2'^ l43:^SI
2.518
2.448
60.808
62.727
65.175
l-Ml
Vo-Ml
6^^:^3l
BB'-
^h
r,VA l^H n:ltt ll:^tl\ll:l^Ull:t^^
ll-m i-.lW ir.ll IV.IW \ll-M\ IH-TA
l^^^H::
1:1^
^t:^
ll:lll
See footnotes following table FCP-VII-2.
2.3383
2.4345
2.4293
r304 454
^^r997
2.4790
^^^.^^
'ITsll '\ll:l)l ^67:o79
r316 369
312.054
rl,588
1.327
2.3898
2.4230
142 981
165 452
308 433
1.475
2.430^
[ll\-^^ :\.<U.
..<.n
r^....n
r496
2.4275
2,0 4.2
4
744
2.4175
^^^^^^
^^^^^
302,900
.259
^308, 227
291,770
r
^^
5
v^
-:^^ ^B BS
mBB\&^ B^
ii;SKle?:^^5 ^:^
m ^M m m ^^ ^BBMBM
(11)
285
,45,718 rl58.,36
52,226
31,
158,062
llltl
,„
2
r315.028
144:838
l-m
1-S
297 474
(13)
WlllVs rU.'.U.
2^5:.'82
V^l^H-
(12)
^^l^W'''
1.575
rl,.27
i:2:)^9 J4";39^
ll-lll
^^^^^„^^
V^^^
b^.
,52 940
l^-tV^
BB:.
158.067
137.472
42,352
l-t't
l^:t^
(11)
276.4,9
280,069
40,072
l',l^'Al-
'd'l
^ran^S"
39,9,7
".326 139.355 137,064
82.063
86,162
139.407
73,14/
wi^de
sold 14/
Exchange
Exchange bought 14/
Liabilities 13/
Assets 12/
lll:tn
^i:^ iHii
lll:l^
lll:l^
4530
2.4595
2.
V^
i:-
iB
\B
l^
l:^
1:1^
2.4885
63
FOREIGN CURRENCY POSITIONS
Section
Table
IV.
- Japanese Yen
Positions
FCP-IV-1. - Nonbanking Firms'
[In billions of yen]
Posi
t
ion
Positions i'
64
FOREIGN CURRENCY POSITIONS
Section
Table
-
V.
Swiss Franc Positions
FCP-V-1. - Nonbanking
Firms' Positions 1/
[In millions of francs
3
Forward exchange 8/
Short-term trade
Liquid
assets 2/
Position
at
of
end
..
Recei»ables £/
V
month
1983 Jan.
19B3 Feb
Other
Shortterm
debt
Payables
assets^/
V
(1)
(2)
(3)
(4)
(5)
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
Net
Other
liabilities TJ
position
Sold
Bought
(6)
(7)
(8)
1,896
1,904
3,626
3,649
2,960
2,990
V
Position
change
held by
rate 10/ offices in:
Ex-
(10)
(9)
-1,090
-1,113
9938 Un t ed St a t es
1
2.0390 United States
.
i
Net
Date
Assets
2_l
.^1
.y
Liabilities
V ,i,/ .JJ
Exchange bought H^/
(2)
(1)
Exchange
(3)
(4)
sold
J_4/
position
(5)
Exchange Position
rate _1_0^/ held in:
(6)
n.a.
n.a.
4,549
1.893
n.a.
n.a.
n.a.
n.a.
-1,467
-1,117
2.0820
2.0820
Abroad
United States
3,069
6,442
3,380
2,591
-2,584
2.0820
Worldwide
4/29/83
b/31/a3
n.a.
294
n.a.
1,927
4.231
4,841
3,232
3,827
-743
-619
2.0670
2.1050
United States
United States
6/30/83
n.a.
n.a.
2,380
1,703
1,203
4,127
n.a.
n.a.
586
-838
2.1040
2.1040
Abroad
United States
2,883
4,083
5,330
4,382
-252
2.1040
Worldwide
3/31/83
Table FCP-V-2.
-
Weekly Bank Positions Ai'
[In millions of
Assets
Date
United Foreign
States branch
(I)
Liabi
12/
(2)
I
i
ties
World- United Foreign
wide
States branch
(3)
(4)
(5)
francs]
Exchange bought 14/
13/
Worldwide
(6)
United
States
Foreign
branch
Worldwide
United
States
(7)
(8)
(9)
(10)
l/Ob/83...
1/12/83...
1/19/83...
1/26/83...
1,567
1,552
1.602
1,619
27,417
27,811
27,777
26,994
28.984
29,363
29,379
28,613
1,137
1.156
1,292
1,374
22,451
22,122
22,558
22,315
23,588
23,278
23,850
23,689
34,041
35,587
35,423
34,681
43,845
47.477
48,949
49,876
2/02/83...
2/U9/83...
2/16/83...
2/23/83...
1,586
1,671
1,694
1.548
27,157
27,576
27,280
27,203
28,743
29,247
28,974
28,751
1,371
1,384
1,384
1.311
22,261
22,446
21,788
21,723
23.632
23,830
23,172
23,034
39,834
35.174
36.057
35,864
51,142
50,420
48,452
49,609
3/U2/83... 1.663
3/09/83... 1,641
3/16/83... 1,433
3/23/83... 1,441
3/3U/83... 1.481
28,186
27,272
28,688
28,287
27,763
29,749
28,913
30,121
29,728
29,244
1,273
1,292
1,234
1,246
1,271
22,644
21,504
22.925
22,522
22,332
33,930 50.771
23,917
22,796 36,159 50,482
32,115 47,135
24,159
23,768 r30,733 r44,a89
23.603 r31,490 45,039
1,543
1,612
1,599
1.578
28,438
28,656
28,396
28,584
29,981
30,268
29,995
30,162
1,215
1,213
1,375
1,344
22.768
22.714
22,495
22,756
23,983
23,927
23,870
24.100
37,815
36,388
33,138
33,645
5/U4/83... 1,587
6/11/83... 1.544
5/18/83... 1,676
5/25/83... 1.874
30,338
27,952
29,084
28,978
31,925
29,496
30,760
30,852
1.353
1,264
1.353
1,627
24,486
22,054
22,587
22,331
25,839
23,318
23,940
23,958
34,391 101.276
40.337
45.648
41,948 46,784
50,338
44,517
6/01/83... 1,799
6/08/83... 1,868
6/15/83... 1,917
6/22/83... 1,940
6/29/83... 2,011
29,052
29,443
30,120
27.294
27,925
30,851
31,311
32,037
29,234
29,936
1,663
1,564
1,738
1,730
1.762
23,269
22,676
23,569
22,014
22,644
24,932
24,240
25.307
23,744
24,406
45,659 54,765
44,748 53,178
40,160 104,737
51,205
41,667
39.498 53,768
4/U6/83...
4/13/83...
4/20/83...
4/27/83...
See footnotes following table FCP-Vll-2.
Exchange
44,415
46,238
45,717
46,182
77,886
sold 14/
Foreign
branch
(11)
Worldwide
(12)
Worldwide
net
Exchange
posirate 16 /
tion 15/
(13)
(14)
65
FOREIGN CURRENCY POSITIONS
Section
VI.
Table FCP-VI-1.
-
Sterling Positions
- Nonbanking
Firms' Positions 1/
[In millions of pounds]
Short-term trade
Position
Liquid
at end
of month
assets^/
1983 Jan.
1983 Feb.
Uate
Shortterm
debt 2/
Receivables
V
Payables
Forward exchange 8/
Other
assets
i_l
6^/
Other
liabilities TJ
Net
Bought
(1)
(2)
(3)
(4)
(5)
(6)
(')
65
lie
1,265
1,296
67
75
14
14
175
209
63
62
1,949
2,100
Assets
2_l
.±1
,6_l
Liabilities
V .^1
(8)
-573
-506
(10)
1.5352 United States
1.5235 United States
Net
,]_/
Exchange bought
_1_4_/
Exchange
sold \ij posit
(1)
(9)
1,487
1,636
Position
change
held by
rate 10/ offices in:
Ex-
position^/
Sold
(2)
i
on
Exchange Position
rate 2£/ held In:
(3)
(4)
(5)
935
1,609
1,527
1,458
1,229
-736
1.4845
1.4845
Abroad
United States
2,544
2,985
493
1.4845
Worldwide
(6)
3/31/83
16,060
454
H/29/e3
5/31/83
327
511
1,011
1,107
2,569
2,915
1,986
2,528
-101
-209
1.5640
1.6015
United States
United States
6/30/83
15.237
461
13,597
999
561
2,009
1,238
1,963
963
-492
1.5278
1.5278
Abroad
United State
15,698
14,596
3,201
471
1.5278
Worldwide
14,239
1,341
Table FCP-VI-2.
- Weekly Bank
Positions
M'
4
4
66
FOREIGN CURRENCY POSITIONS
VII. - U.S. Dollar Positions Abroad
- Nonbanking Firnns' Foreign Subsidiaries' Positions!/
Section
Table FCP-VII-1.
[In millfons of dollars]
Net
Udte
Assets
i./ li./
.^/
LidbllUies ^/
•
Exchange bought
&./ ,_?./
/
1
Exchange sold
3/31/03
32,734
34,«U3
31.218
6,87S
5,248
32, 788
Table
FCP-VII-2 - Weekly Bank Foreign
[In millions of
Assets
ities
12/
Liabi
Worldwide
Foreign
branch
1
13/
/
position
Exchange Position
rate 10/ held in:
(4)
(b)
(M
5,089
3,565
3,302
3,788
l.QUOO
1.0000
(2)
b/3U/ii3
1
Abroad
Abroad
Office Positions u./
dollars]
Exchange
bought 14/
Exchange
sold 14/
net
Foreign
branch
(1)
(2)
(3)
Worldwide
(4)
Foreign
branch
(5)
Worldwide
(6)
Forei gn
World-
branch
wi de
(7)
(8)
position \±/
(9)
l/Ob/83
l/lZ/83
1/19/83
1/26/83
292,990 292,990
293,309 293,309
288,207 288,207
r29O,b27r290,527
308.643 308,643
309.599 309.599
303,763 303,763
r305.425r305.426
229.968 229,968
240.529 240.529
242.007
242.007
r246.056 r246.056
210,420 210.420
219.956 219.966
221,835 221,835
r226.840 r226.840
3,895
4,283
4.616
r4.318
2/U2/83
2/09/83
2/16/83
2/23/83
r290.804r290,804
r288,978r288,978
r290,678r290,678
289,667 289,657
r304,535r304.535
r303,658r303.658
r306,673r306.673
306,929 306,929
r240.468 r240.468
r249,160 r249,160
r240.679 r240.679
247.874
247.874
r222.261 r222,261
r229.795 r229.795
r220,646 r220,646
226,686 226,686
r4.476
r4,685
r4,038
3.916
3/U2/83
3/09/83
3/16/83
3/23/83
3/30/83
286,097
282,934
292,653
293,698
284,497
286,097
282,934
292,553
293,698
284,497
4/06/83
4/13/83
4/20/83
4/27/83
285,629
287,657
280,856
285,433
286,629
287,657
280.856
285,433
302.874
305,695
297,837
302,685
302.874
305,696
297,837
302.685
243,544
241,808
246,666
244,853
243,544
241,808
246,666
244,853
6/04/83
6/11/83
6/18/83
5/25/83
281,130
263.686
278.250
281.953
281,130
263.686
278.250
281.953
297.926
281.118
296.170
300.619
297.926
281.118
296.170
300.619
243,301
250,744
243,757
248,066
243,301
250,744
243,757
248,066
6/U1/83
6/08/83
6/16/83
6/22/83
6/29/83
281.947
280.056
285.283
284.287
286,266
281.947
280.056
285.283
284,287
286.266
299.737
297,222
302,083
300.761
303,434
299,737
297,222
302.083
300.761
303.434
302.230 302.230
298.627 298.627
r308,900r308.900
309.262 309.262
299,906 299.906
242,
67
FOREIGN CURRENCY POSITIONS
Footnotes
U
to
Tables FCP-I through FCP-VII
Uorldwide net positions on the last business day of the
calendar qu,arter
of nonbanklni) business concerns In the United
States and their foreign
foi
branches and majority-owned partnerships and subsidiaries.
Excludes
receivables and Installment paper which have been sold
or discounted
before maturity. U.S. parent companies' Investment In
their majorityowned foreign subsidiaries, fixed assets (plant
and equipment), and
capitalized leases for plant and equipment.
y
y
2/ Foreign branches and majority-owned partnerships and subsidiaries
only.
i/ Meekly
worldwide net positions of banks and banking Institutions
In the
United States, and their foreign branches and
majority-owned foreign
subsidiaries.
Excludes capital assets and liabilities.
V
Foreign branches and majority-owned subsidiaries
only.
SECTIONS
U
y
V
V
II
rHROUGH VII
Positions of nonbanking business concerns In the United
States and their
foreign branches and majority-owned partnerships
and subsidiaries
In
section VII positions of foreign branches and
majority-owned partnerships
and subsidiaries only.
Includes unsettled spot foreign exchange purchase
contracts, as well as
currency, demand,
and time deposits,
negotiable and other readily
transferable financial instruments maturing in 1 year
or less from the
report date, and intracompany claims and loans to other
parties repayable
on demand.
Other loans, accounts receivable, and unaccepted
trade drafts
ire excluded.
Includes unsettled spot foreign exchange sales
contracts, intracompany
liabilities, other than short-term trade payables,
short-term borrowings
due in I year or less from the report date, and
the current portion of
long-term debt.
Other loans, accrued expenses, and accounts payable are
excluded.
Due
in
I
year or
less;
includes
intracompany trade receivables
Receivables and installment paper sold or discounted before
maturltv are
V
Due In
year
1
or less;
Includes Intracompany trade payables.
current assets other than
liquid assets and short-term trade
receivables, and financial assets maturing In more than 1 year from
the
report date.
Includes Intracompany accounts. Inventories, prepayments,
long-term trade receivables, long-term Intracompany claims, and
stocks
bonds, and other securities.
Fixed assets (plant and equipment) and
parents' investment In majority-owned foreign subsidiaries
are excluded.
All
All financial liabilities other than short-term debt
and short-term trade
payables; Includes long-term trade payables, Intracompany
liabilities,
accrued expenses, and liabilities maturing in more than 1 year from
the
report date.
Capitalized plant and equipment leases are excluded.
%l Outstanding amounts of foreign exchange which have been contracted to be
received or delivered in the future.
Excludes spot exchange.
V
W
Columns
I,
3,
5,
and
7
less columns 2, 4, 6, and 8.
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 units per U.S. dollar.
_n/ Banks and banking institutions In the United
branches
and
majority-owned
subsidiaries.
branches and majority-owned subsidiaries only.
\2J Excludes capital
assets.
IV
liabilities.
_!£/
Excludes capital
States and
section
In
Includes both spot and forward exchange contracts.
IS / Columns
3
and g less columns
16/ See footnote 10.
6
and 12.
their
VII,
foreign
foreign
5
68
EXCHANGE STABILIZATION FUND
Table ESF-1.
-
Balances as of Mar. 31, 1983, and June 30, 1983
[In thousands of dollars]
Mar.
Assets, liabilities, and capital
Mar. 31, 1983
31, 1983. through
June 30. 1983
June 30, 1983
Assets
dollars:
Held at Federal Reserve Bank of New York.
Held with Treasury;
U.S. Government securities
Other
Special drawing rights 1/
Foreign exchange and securities; 2J
German marks
Japanese yen
Pounds sterling
Swiss francs
Mexican pesos
Accounts receivable
U.S.
Total
assets
2,238.552
1,067.000
5,228,889
(130.250)
249.602
2.108.302
1.067.000
5.478.491
1,369.079
1.654.747
(31.8751
25.114
1.337.204
1.679,861
2
3
1
14.259
600,000
523,809
(104.0001
(396.206)
14,305
496,000
128.603
12.890.291
(396.315)
12.493.976
496,447
(422,118)
74,329
169,163
(70.937)
98.226
46
Liabilities and capital
Current 1 iabil ities;
Accounts payable
Exchange translation liability on German
marks warehoused 3/
Advance from U.S. Treasury (U.S. drawing
on IMF) 4/
1,067,000
1,067,000
1,239,555
Total current liabilities
1,732,610
(493.055)
Other liabilities:
Special drawing rights certificates
Special drawing rights allocations
4.618,000
5,284,974
(50.562)
4,618.000
5,234.412
147.302
200,000
1,202,009
Total other liabilities
Capital:
Capital account
Net income (loss)
y
(see table ESF-2)
200,000
1,054,707
1,402.009
1,254,707
Total capital
Total
9,902,974
(396.315)
liabilities and capital
Footnotes at end of table ESF-2.
Table ESF-2.
- Income and Expense
[In thousands of dollars]
Current quarter
Apr.
1.
1983.
through
June 30. 1983
Income and expense
Year to date
Oct.
1,
1982.
through
June 30. 1983
;
Profit (loss) on:
Foreign exchange
40,863
501.112
Adjustment for change in valuation of SDR
holdings and allocations \J
(3,364)
(10.252)
Interest (net charges) on:
Special drawing rights
U.S. Government securities
Foreign exchange
2.692
43,431
63.680
(6.742)
107.398
276.604
868.120
Net income
1/ Beginning July 1974. the International Monetary Fund (IMF) adopted
a technique for valuing the special drawing rights (SDR's) based on a
weighted average of exchange rates for the currencies of selected
The U.S. SDR holdings and allocations are valued
member countries.
on this basis beginning July 1974.
2/ Excludes foreign exchange transactions for future and spot delivery.
T/ The exchange translation liability represents the amount of loss the
~ Exchange Stabilization Fund (ESF) would sustain on outstanding German
Such swaps amounted to SO.
mark swaps with the Federal Reserve.
billion as of June 30, 1983.
4/ A non-interest-bearing liability to the U.S. Treasury resulting from
the transfer to the ESF of foreign currencies drawn from the IMF by
~
the United States.
~5/
In addition, the ESF has a contingent liability up to $500 million,
for
in connection with Bank for International Settlements financing
Brazil.
Note. --Annual balance sheets for fiscal years 1934 through 1940 appear
for
in the 1940 Annual Report of the Secretary of the Treasury and those
Quarterly
succeeding years appear in subsequent reports through 1980.
balance sheets beginning with Dec. 31, 1938, have been published in the
Data from inception to Sept. 30, 1978, may be found
Treasury Bulletin.
on the statements published in the January 1979 Treasury Bulletin.
©m^ (MJiiDiiii^dDnQdUDfJ/
I
71
Reform '88 Cash Management
As lead agency for coordlnaHon of the Reform '88 Cash
Managemen* Project, Treasury Is working with 20 Federal
departments and agencies whose cash management improvements
are expected to enhance the Govern me nt's cash management
position by $1.6 billion in fiscal
1984,
resulting in
interest savings of $189 million.
The project centers on
improving Government's current payment and collection systems.
Special attention Is being focused on identifying
additional applications for state-of-the-art technology in
electronic funds transfers and expanding the use of other
mechanisms, such as lockboxes.
Early in October, agencies were briefed by Treasury on
fiscal 1984 reporting requirements and procedures.
Through
monthly reports--due
to
Treasury 's Cash
Management
Program Staff (CMPS) on the 10th of each month--CMPS is informed of the status of agencies'
initiatives, progress in
implementation,
current or potential
problems,
proposed
solutions. et cetera.
Review and analysis of these reports.
supplemented by ad hoc meetings with agency officials, will
enable CMPS to monitor progress toward established goals.
The table below displays fiscal 1984 goals for the 20 Reform
'88
agencies.
(Annualized figures for Reform '88 cash
management plans appeared on page 75 of the third-quarter
Treasury Bulletin.)
Quantitative data--the actual dollar
volume
of
receipts
accelerated/pa yments
deferred
and
interest savings resulting from improved cash management--
will be reported quarterly.
Agency cash management officials are now reporting directly to Treasury instead of
reporting to the Office of Management and Budget (0MB)
through their Reform '88 officials, as they did in the
past.
However, cash management officials are urged to keep
Reform '88 officials abreast of developments,
In addition to tracking agencies'
progress, providing
consultative services as needed, and seeking new areas for
savings, CMPS is responsible for reporting progress on the
Reform '88 Cash Management Project to top Treasury officials
and 0MB.
This is accomplished through an automated system
known as CashMan.
CashMan is actually a subsystem of Treasury 's Executive
Information System {EISl, an office automation system that
links Treasury officials and 0MB to a central computer via
terminals in their offices.
The EIS offers access to electronic mall, economic data, news, travel processing, and a
variety of office tools, including calendar management and
word process ing.
Included in CashMan are Government-wide and agency
ummary data, along with descriptions of and detailed data
pertaining to 285 individual
initiatives.
Updating of
information in CashMan is based on information submitted by
agencies in their monthly and quarterly reports.
s
REFORM '88 CASH MANAGEMENT- -F SCAL 1984 GOALS
[In thousands of dollars]
Department/agency
Agency for International Development
Agriculture
Commerce
Defense
Education
Energy
Environmental ProtectionAgency
General Services Ad ministration.Health and Human Services
Housing and Urban Development
Interior
Justice
Labor
National Aeronautics and Space Administration
Rail road Retirement Board
Small Business Admini strati on
State
Transportation
Treasury
Veterans Admini strati on
Total
Acceleration of
rece ipts/deferral
of payments
Interest
savings
1,070
96.600
910
7,090
30,960
7 8,4?0
5,010
660
8,840
680
3,370
13,070
1,030
434,610
109.770
33,440
13,610
81, 350
20, 000
187,970
18,170
2,490
34,890
414.400
6.
420
1.578,210
7.04
1,370
170
15,070
7,880
4,600
1,990
11,370
4,000
14,150
1.640
6
50
4,040
85.610
3,200
TRUST FUND
REPORTS
76
Civil
[In millions of doHtirs.
Service Retirement and Disability Fund
Source: Monthly Treasury Statement of Receipts and Outlays of the United States Government]
Receipts
Fiscal year
or month
.
.
77
Federal Disability Insurance Trust Fund
[In mniioris of dollars.
Source: Monthly Treasury Statement of Receipts and Outlays of the United States Government]
Expenditures other than Investments
Receipts
Appropriations
Fiscal year
or month
Deposits
by States
Interest
and profits on
Investments
303
452
268
364
437
13,275
14,952
11,341
18,856
16.661
1,475
1,854
1,249
2,010
1,931
29.538
25.551
2.428
171
6
182
187
167
270
Apr. ..
May
June.
1.717
1,576
2,256
1,904
1,434
2,156
2.329
2,081
1,969
July...
Aug
Sept...
1,307
1,564
1,602
1,540
1,382
1,624
1,734
1,419
1,740
2,175
-199
1,449
1,084
1,291
1,422
Fiscal 1983.
21.894
16,661
15,196
17,388
12,992
21.398
21.894
1979
1980
1981
1982
1983
1984
(Est.).
1982-Oct
Nov
Dec
1983-Jan
Feb
Mar
.
Total
143
131
135
168
2.865
759
12
2
IS
407
148
9
7
71
5
148
174
89
141
135
2.204
283
46
114
44
13.944
Benefit
payments
.
78
Federal Hospital Insurance Trust Fund
[In millions of dollars.
Source: Monthly Treasury Statement of Receipts and Outlays of the United States Government]
Receipts
Fiscal year
or month
1979
1980
Net
appropriations
1981
1982
1983
21.910
25,«15
32,851
37.611
43,970
17,937
20,649
27,394
30,946
32.823
1984 (Est.).
44,463
36,893
737
485
,043
.110
,394
2,455
2,175
2,558
2,843
2,380
2,847
3,268
2,820
3,110
2,508
2,824
3,036
1982 -Oct
Nov
Dec
1983-Jan
Feb
Mar
Apr
May....
June.
July...
Aug
Sept...
.
,401
588
083
391
,999
,270
469
Fiscal 1983.
Deposits
by States
Federal
payments 1/
4,589
1,990
2,595
3,032
3,444
3,563
868
1,040
1,272
1,819
1,571
387
1,424
981
3,826
1,020
1,743
270
287
295
263
11
1
22
980
1
907
871
834
1,015
207
or month
1
7
11
2
3,456
310
250
308
463
1,054
115
24
296
280
4,589
3,563
IS
25
14
Assets, end of period
Net
'n-
1979
1980
1981
1982
1883
20,343
29,248
34,864
38,524
19,898
23,793
28,909
34,344
38,002
443
486
339
513
509
13
1984 (Est.)
44,311
43,716
588
2,965
3,057
3,386
3,021
3,018
3,630
3,302
3,417
3.617
3.156
3.554
2.403
3,004
3,010
3,245
2,978
2,964
3,571
3,265
3,378
3,575
3,108
3,545
2.359
-40
46
38.524
38,002
Fiscal 1983
141
42
53
57
36
36
41
47
7
40
125
114
1,424
crease
or decrease
Administrative
expenses
3
2
9
361
(-)
1982-Oct
Nov
Dec
1983-Jan
Feb
Mar
Apr
Hay
June
July
Aug
Sept
3
3
2
642
Investments
in
assets
24 ,288
321
902
Expenditures other than investments
Benefit
payments
207
260
12
32,823
Fiscal year
Interest
and profits on
investments
1,567
1,127
3,603
2.747
5,446
13.363
14.490
18.093
20.840
26.286
7
152
26.438
2
-228
-571
657
90
-623
20.611
20.040
20.696
20.786
20.163
20,934
21,220
20,886
25,660
25,503
25,219
26,286
771
2B6
-334
4,775
-156
-284
1,066
26,286
13,164
Un-
expended
balance
79
Federal Old-Age and Survivors Insurance Trust Fund
[In millions of dollars.
Source: Monthly Treasury Statement of Receipts and Outlays of the United States Government]
Receipts
Fiscal year
or month
Appropriations
Expenditures other than investments
80
Federal Supplementary Medical Insurance Trust Fund
[In millions of dollars.
Source: Monthly Treasury Statement of Receipts and Outlays of the United States Government]
Expenditures other than investments
Receipts
Federal
contributions
Fiscal year
or month
1981
1982
1983
9.840
10,275
12,451
17,627
19,147
1984 (Est.)
21,875
1982-Oct
1983-Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
1.509
1,488
1.932
1,501
1,235
1,804
1,555
4.937
-1,541
1,577
1,677
1,473
Fiscal 1983
19,147
1979
1980
Nov
Dec
2.373
Interest
and profits on
investments
Total
Benefit
payments
81
Railroad Retirement Account
[In
milHons of dollars.
Source: Monthly Treasury Statement of Receipts and Outlays of the
Receipts
Fiscal year
or month
otal
UnUed States Government]
Expenditures other than investments
82
Unemployment Trust Fund
[In
mtlHons of dollars.
Source: Monthly Treasury Stdtpment of Receipts and Outlays of the
Recetpts
State
Fiscal year
or month
UnUed States Government]
83
Investments of Specified Trust Accounts
in
Public Debt Securities and
[In ml
Investment securities
Type and rate
Payable
date
I
)
Agency Securities by
Ions of dol lars]
Issues, as of Sept. 30,
1983
CURRENCY AND COIN
OUTSTANDING AND IN CIRCULATION
U.S.
86
U.S.
Currency and Coin Outstanding and
in
Circulation
AMOUNTS OUTSTANDING AND IN CIRCULATION
Sept. 30. 19B3
Currency
Coin II
Total
currency and
coin
Amounts outstanding
Less amounts held by:
The Treasury
The Federal Reserve banks.
Amounts in circulation.
U.S. notes
Federal Reserve notes 1/
Currency no
longer issued
Fractional
coin
1188,661,043,547 5173,690,059,649 $173,093,178,502 $322,539,016 $274,342,131 $14,970,983,898
$2,024,703,898 $12,946,280,000
479,491,102
25,367,992,130
27.888.653
24,922,218,041
3,952,125
24,922,189,027
23,698,939
237,589
29,014
451,602,449
445.774,089
361.124.075
139.739.306
90.478.374
306.034,783
162,813,560,315
148,739,952,955
148,167,037.350
298.840,077
274,075,528
14,073,607,360
1,523,840,517
12,549,766,843
CURRENCY IN CIRCULATION BY DENOMINATION
COMPARATIVE TOTALS OF MONEY IN
CIRCULATION--SELECTED DATES
Sept. 30, 1983
Denomination
Amount
Federal
Reserve
notes 1/
$1
$2
$5
$10
$20
$50
$100
$500
$1 ,000
$3,449,257,402
697.026.696
4.568,210,005
11.086.697.010
46.291.264.940
18.113.060.200
64.188.244,100
157,678,000
183 .204 ,000
$3,295,333,345
563.529.350
4.415.680,435
11.061.195.050
46.270.956.620
18.101.284.450
64,113,420,100
157,485,000
182 ,993,000
1,780,000
3.380,000
U.S.
notes
Currency
no longer
issued
$143,481
133.484.266
113,057.210
5.950
3.380
$153,780 .576
13 080
39.472 360
25.496 ,010
20.304 ,940
11.775 .750
22,678 ,300
193 000
211 000
50 000
100 000
487
52.145.700
$5,000
$10,000
Fractional parts
Partial notes 5^/
1,830,000
3,480.000
487
115
25
Total currency
148.739.952.955
274.075.528
1/ Issued on and after July 1. 1929.
7/ Excludes coin sold to collectors at premium prices.
1/ Includes $481,781,898 in standard silver dollars.
148.167,037.350
(
Per
capita \J
in
millions!
Sept.
Aug.
Sept.
June
June
June
June
June
June
June
30. 1983
31. 1983
30. 1982
30. 1980
30. 1975
30. 1970
30, 1965
30. 1960
30. 1955
30. 1950
$162,813.6
162,859.5
149,205.0
127,097.2
81,196.4
54,351.0
39,719.8
32,064.6
30.229.3
27.156.3
$693.35
r694.08
r641.19
558.28
380.08
265.39
204.14
177.47
182.90
179.03
4/ Based on Bureau of the Census estimates of population.
^/ Represents value of certain partial denominations not presented for
redeimtion.
•U.S. GOVERNMENT PHINTINO OPJIOE
;
1983 0-381-648/3
DEPARTMENT OF THE TREASURY
FISCAL SERVICE, BUREAU OF
GOVERNMENT FINANCIAL OPERATIONS
POSTAGE AND FEES PAID
DEPARTMENT OF THE TREASURY
TREAS
-
B83
OFFICE OF THE COMMISSIONER
WASHINGTON,
D.C. 20226
OFFICIAL BUSINESS
PENALTY FOR PRIVATE USE,
»300
FIRST CLASS
355
WERT
BOOKBINDING
MIDDLETOW*! P*
APRIL 84
@FedFRASER